Above rm 10 soon

Resistance at 7.5-7.9

Momentum coming back next week by looking at the analytical analysis

Should be able to go ov

Today closing rm 8.50

Unless Uncle helps again lol but he is busy with election now

People don't look at the P/E ratio now. Example tencent P/E ratio reach 100.

If investor think it's cheap than it will go up.

It's all in the investors mind and the future prospect

If share buy back 10 % assuming rm 8 per share. Then 30 Million share x rm 8 = rm 240 Million

The company value will be up by 10%.

Only left 120 Million share free flow

Buy TP : RM15

Top 30 shareholders got epf coming soon.

After share buy back 10%. Rm 12

When others are fearful. We must be greedy

KUALA LUMPUR (April 25): Hengyuan Refining Co Bhd described its financial year 2017 (FY17) ended Dec 31 as a “monumental year” with output growing 5.87% to 39.7 million barrels from the year before, the refiner said in its 2017 annual report released today.

“2017 has been a monumental year for Hengyuan. It was a very positive year for us, with higher production numbers and improved plant reliability [achieved],” said its chairman Wang YouDe, a 55 year-old Chinese national who took the helm in December 2016, subsequent to the transition exercise that saw Shell Overseas Holding Ltd selling its 51% stake in Hengyuan (then Shell Refining Company (Federation of Malaya) Bhd) to Malaysia Hengyuan International Ltd.

Indeed, not only did Hengyuan’s output exceed expectations for the year at 39.7 million barrels. It scaled its highest production volume since 2006.

For the past five years — with the exception of FY15’s 33.9 million — production volume hovered around the 37 million mark.

According to the annual report, the refiner saw its kerosene or jet production supported by solid performance of Kerosene Treating unit in the first quarter, although it was impacted by several events in May, including the planned outage on Crude Distiller 1 and Kerosene Treating units.

Gasoil production too improved due to higher crude processing, positive regrade and improvement of global oil cracks; while higher intake and better conversion at its Long Residue Catalytic Converter Unit (LRCCU) helped boost its liquefied petroleum gas and propylene production.

“Though refining margins were volatile during the year, gradual recovery of crude and product prices resulted in a full year average Current Cost of Stock (CCS) of US$7.17 per barrel, while First In First Out (FIFO) margins were US$8.39 per barrel (2016: CCS US$4.06, FIFO US$5.46),” the report read.

It attributed the higher CCS margin to higher product cracks (the pricing difference between product and crude) with rising crude premiums and higher refined products prices year to year, compared with 2016, as well as better plant reliability in 2017.

The group had capitalised on high refining margins when global product prices were affected by the shut-down or refineries and offshore refineries in Netherlands and the US, due to fire and hurricane incidents, the report added.

Hengyuan’s oil refinery complex, located in Port Dickson, Negeri Sembilan, is licensed for a production capacity of 156,000 barrels per day.

The main operating units in the refinery complex consist of two crude distillers, a LRCCU, two naphtha treaters and a Merox plant, one reformer and a gasoil treatment plant.

In FY17, the group's operational availability returned to its 2013 level at 97.4%, after ranging between 82% and 95% for the past three years; while its average plant utilisation rate stood at 86.82%.

And its emphasis on process safety, plant reliability and product optimisation has also substantially improved its unplanned downtime percentage, which decreased from 7.2% in FY16 to 2.3% in FY17, Hengyuan said.

All in all, the group turned in an almost three-fold increase in its annual net profit to RM930 million in FY17, from RM335 million previously; while revenue grew 38.47% to RM11.58 billion, from RM8.37 billion in FY16.

Sales volume rose 5.2% to 41.1 million barrels in FY17, from 39.05 million the year before.

The group paid its first dividend in five years: A single-tier interim dividend of two sen per share, amounting to RM6 million, Hengyuan emphasized.

During the year, Hengyuan's share price spiked eight times, rising from RM2.03 to RM16.26 as at end-2017. The stock has however since lost its steam, falling 53.3% year-to-date to RM7.59, valuing it at a market capitalisation of RM2.28 billion as at today’s closing.

http://www.klsescreener.com/v2/news/view/371067

I will buy more if it drops further

The audited annual report 2017 it looks convincing. I will buy tomorrow

1MDB
Satu makan dan bungkus

Audited annual report just out
Hy has cash in hand rm 1billion. Inventory rm 1 Billion.

Share buy back.

TP rm 15

Can buy now. Indicator show it should be a ken to reach rm 10 next reboiunf. If it break rm 10 next resistance rm 12

Audited financial report out next week. Top earner of bursa rm 3.03 eps 2017

Buy now

Tomorrow petrol unchanged until Election Day. Government subsidy so we support bn

Audited annual report will be out next week before the AGM. Expected final dividends 30 cents.

Brent oil up. The inventory make extra rm 100-200 millions q2.

Buy HY and Hibicus

Managed to Buy back Hibicus at 82 cents

If drop further. I will buy more

Brent oil 75

Hy Q 2 also record good results.

TP: rm 15

Lai liao. Rm 8.50

When others are fearful we must be greedy

7.45 will be the nex resistance and this rebound could reach rm 10

Drop to rm 6.02 then shoot up to rm 9.6 again. ?

Fund managers start to accumulate at low price. Share buy back 10%. Shengdong HY may announce dividends soon

Buy TP: RM 15

Apa lagi HRC mahu?

Strong resistance at 7.88
After lunch bounce back to 8.50

Share buybacks will create a better value for HY.
Berkshire also buybacks it’s share when it’s too cheap

Those with the low risk appetite better buy shares like public bank or HLB or tenaga.

Don’t join here.

Final or special dividends will be announce next month. Q1 results should be 60-80 cents. Hold tight

Please pump petrol at shell station and collect your bonus points

TP rm 15

Sell and forget.

Buy and forget

At current price 8.32 is below TP rm 15

OPEC oil cut and Saudi and Russia togetherness. We should be able to see petrol to reach 90

USA try to bring down the oil price to destroy Russia economy but it can’t work out.

The crack may plays an important role but HY analysts may hedge the price earlier before it surge like last year.

Election is coming BN stop the petrol price to adjust higher. BN uses our money to subsidy petronM and HY.

Next week Hy will not go below rm 8. It’s rm 9 onwards.

Please pump petrol at shell. Vote wisely and never vote for the fox which always carries a tail ya

Thanks for reading.

Join politic better if you want to be rich. In Malaysia most politician are rich.

Invest in hy May take time. TP rm18

Buy TP rm 15

HY share buy back is good like Berkshire.

Later pet can give shareholders free bonus share

Increase hy share value. Reomm

Hy = The revenant

After election petrol price could be higher then rm 2.30

Ranking not important

Today closing at Rm 10 then only it’s important to us.

HY hotel we checked in already. Let wait for the special dividends soon

Brent oil 74. Government don’t increase the petrol price for past three weeks due to election. Hy and petronM has inside deal with government to receive the subsidy.

Maintain Buy on HY. TP : rm 15

9000 barrels per day. Conservative eps rm 20 cents
TP : rm 1.5

I also want to work there as KLKK. Kia Lai Kia ki

Final dividends 30 cents.

OPEC oil cut is likely to extend to 2020. Saudi wants the oil to hit 90 per barrel

Ideally HY should be able to make rm 600 m 2018 rm 900 million 2019

TP rm 15 is very conservative

If compared to nearby oil refinery company in Singapore with Keppel P/E ratio 15

So HY P/E ratio at 2.8 below 3 is not logic. We can't compare it with nestle. Malaysian love sweet milo.

Malaysian have no choice but either pump petrol at shell or PetroM

HY is not at Hugh risk because shengdong China is top 500 company in the world. They have the specialized team to analyze the hedging price. Also the upgrade is definitely cheaper than other refinery. Even iPhone is made in china

By looking at the fall fr rm 15 to rm 6 was overdone by some contra players and margin players. My china fund manager friend bought hy at rm 7.10. Still hold tight. They says TP rm 15 is the minimum

It's uptrend now. Recommended to BUY

Uptrend

HY also on election mood

Rebound after the weak hand change to the strong hand. Tomorrow should be able to go above rm 9

I was waiting to buy below rm 8 but no chance

Buy. Today closing rm 9.50
Lol

TP: rm 18

Just hold. By August. This year. rm 15

Hy may announce final dividends soon. Hold right

Operators dump the share we don’t follow. Later they buy back it would be rm 10-11.

Since we already in it can’t cut loss just hold on to the believe on it’s P/E ratio and fundamental that everybody must pump petrol

Furthermore opec oil cut continued until year end and further

Remember those who sold at rm 6-8 now can’t buy back anymore they have fear.

If you bought at rm above rm 10. Nothing wrong to hold on to it. If you sell and lost faith it only benefit the operators

Nobody can predict Hy will go up and down in near term. But in longer term TP rm 18 is possible to achieve

See you at the top

We all now checked into Hengyuan Hotel. Can't sell can buy.

P/E ratio 2. 8. This year assume
Q1- 80 cents
Q2- 60 cents
Q3 - 20 cents
Q4- 70 cent
total RM 2.30 eps for 2018

Assume P/E ratio is 8 TP RM 18 compared to Keppel refinery spore P/E ratio 15

If P/E ratio 15, TP rm 36 for HY

Buy now on weaknes be greedy when others are careful

Thanks jenny

Admin don't want to see quarrel here. Talk fact. Later your name became number also like me lol

一日沒放，一日沒輸。太陽始終會升起的！

一日沒放，一日沒輸。太陽始終會升起的！

Source?

My remisier said only month end start for the short sell game.

Tomorrow 50:50. UPS and down

Tomorrow open 9.50??

The previous hy price shoot up fr 13 to rm 19 was due to contra players and margin player like the old man.

Later they dumped the share like nobody business that created the panic.

This time not so easy to manipulate because many are holding for longer term. Many contra man lost their kuku and owe friend money now
Hy should be able to hit rm 12 in near term

Congrats to Dato Lee Chong for the winning Gold for Malaysia