China people style is like that 1 when come to business or investment. They willing to take more risk to get more return. They very aggressive and go all out when they foresee good prospect in future. Thats why now so many so called " Tu hao" in china.

While malaysia people behave quite differently, they will say its " trap" when price is still undervalued. When its overvalued, they will still say its "trap" and wait the price to drop like durian.

Yes. Later Ambank conned by Hy. Bangkrupt .... faster go ambank counter to yell selling

FGV tomorrow 2.15

Buy bjtoto ... very good stock. haha .. high dividen ... steady earning trend. But, why their stock price never go higher?

hahaha .... company management aggressive in company developement and upgrade is good what. Mean they want to do better in refining business in future ma.

****** Chief Executive Officer of AmInvestment Bank Berhad and Managing Director
of Wholesale Banking AmBank Group said “We are pleased to participate in this USD430 million
facilities to support HRC's upgrading plans to meet the Euro 4M mogas specifications. We believe that this investment will strengthen HRC's long-term commitment to sustainable refining in Malaysia. By
leveraging on improving refinery margins, we are confident that the outlook of HRC will remain
positive.”

Gavin Wang Ziming, Treasurer and Senior Banker said, “CCB plans to continue to support growing
companies like HRC. The continued success of HRC is also important towards solidifying the close
business relationship that Malaysia and China enjoys.”

Mr Michael Oh-Lau Chong Jin, Managing Director of Corporate Banking, Global Banking of Maybank said, “Maybank is pleased to support HRC’s plans to upgrade its existing refinery via technology transfer and expand its value chain to wholesale trading and petrochemicals. This investment also
underpins the commitment from the new shareholder – Shandong Hengyuan Petrochemical Company Limited in improving HRC’s prospects and continue its contribution in the downstream activities in Malaysia’s Oil & Gas industry.” ******


Its good thing what HRC taking loan to upgrade themselve. The loan purpose is not for something bad like paying debt or something. And Why nowadays alot of people taking PTPTN to go for further study in university/college? Worth it to loan so much to upgrade themselve? Worth it right, because we foresee the future ma. Dont shortsighted ma.

So many bankers giving positive statement to HRC loan d ma. Why still want to twist it become negative statement?

If HRC dont suit u , probably can go for bjtoto. Safe and high dividen. And no debt also i guess. hahaha

damn funny ... who going to work when CEO also refuse to go work ...

will climb up back

contra player panic sell

should be able to close at around 14.3

not so fast 1 la ...

Date of departure ... i m not sure. i feel that should not be in january.

buy while still undervalued. buy within your limit.

yes. let hy rest a while before another bullish run to another new high ....

The "moon" news so much lag behind. We have discussed this during last saturday and sunday. European vs Asian refineries. And the "moon: news always come out on time when there is sign of rebound. Thumb up

The problem now is no panic seller to sell cheap ticket. All long term investor.

*i like your negative comment* :)

Dont miss the boat. TP never chage 18 21 24.

Hengyuan is still undervalued

Dont let some manipulated news from the " moon" newspaper affect your judgement.

The moon newspaper ... haha. Thumb up

Hold tight your ticket ... there will be spring after winter :)

HY crack spread wont be affect much ... HY main product is Mogas95 ( gasoline) and diesel and jet fuel. These 2 spread go up in relatively with brent oil price if u see the chart. First half of 2018 will be alot of refineries shut down for maintainance world wide. Asian refineries product demand is still strong. Price will go up when demand is there but supply is limited. Brent crude oil increase,but malaysia currency also increase. Malaysia currency increased faster than brent oil price in January. I guess not much changes in cost as HY buying brent oil in USD

***Some of you maybe monitoring Mogas 92 crack spread from CME website. But remember Malaysia has no RON92 gasoline product for quite some time. To estimate Hengyuan profit margin, we need to monitor Mogas 95, diesel and Jet fuel products as these 3 products form more than 82% of HY products slate

HY main product is Mogas95 ( gasoline) and diesel and jet fuel. These 2 spread go up in relatively with brent oil price if u see the price chart in CME group

Hengyuan crack spread wont be affected much. Because Mogas95 price go up relatively with brent oil price.

Plus point for hengyuan when buying crude oil in usd as malaysia currency up so much in January
Hengyuan will have inventory gain too when currency up.

Hengyuan complex refinery systemis is flexible to adjust their product ratios which they tend to produce higher profit margin products like gasoline and diesel.

“Oil demand usually slackens in the first quarter and into the second quarter, so sooner or later refinery intakes will have to slacken and the usual signal for that is lower margins,” KBC chief economist Stephen George said.

The timing of the revised production strategy comes just as refinery margins reach a three-year low, Barclays says, which is particularly telling. The oil price crash in late 2014 largely shapes the market. Hydroskimming facilities, which refine fuels in a relatively unsophisticated process, ****have it tough because their techniques do not allow for diesel or gasoline production*** like ***complex refineries.***

By Zainab Calcuttawala - Jan 18, 2018, 3:00 PM CST

European refineries mostly simple refineries?

Dont forget what happened last thursday morning, when there was sign of rebound in thursday morning. Some news came up in some news..... Dont let fear affect your judgement. Fundamental never change.

Hengyuan is complex refinaries. Main product is diesel and mogas95. Diesel actually having better refining margin in first half of january. Therefore, diesel refining margin should be able to breakeven other spread margin. Price for diesel and mogas95 are uptrending too when brent oil price going up.

Everyone hold.... psychology usually affect your judgement ... fundamental never change. Those r mostly european and other country refineries.

Malaysia currency increase when oil price increase.

HY should be not much affected. Lets hold till QR4 result

Nobody can predict what will happen tomorrow .... what we can do, is do more homework. we buy the stock only when we confident with the company fundamental. No need to border the price fluctuation. Surely will reach tp when time reach.

i prefer to invest in company that willing to upgrade for better prospect in future rather than those just want to stay at current comfortable condition and never want to improve. :)

just temporary ma ... can make more profit after upgrade. Its good news what. Got plan to upgrade mean company aiming to do better in future ma. Just like we spend money to further study in college for better future. :)

Hy will go for euro4 upgrade in q3 if not mistaken. Will shutdown for about 2 months. But, u can see hy is increasing their inventories. So that, they still can maintain their supply when shutdown.

When alot of refineries shut down, refineries product will be limited in market. What will happen if market demand is there but supply is limited?

Product price increased? More product needed?

agree with cheoky

Nope ... i guess he mean company prospect for 2018 is good as

1. currency increasing
2. alot of refineries will shutdown for maintainence during first half of 2018 . Limited refineries supply. Asian refineries product demand is strong

When RM 2 , hengyuan just took over shell ma. That time no achievement or anything yet ma. Who want to be the frontliner to invest? just like a newborn ma, we dont know whether he or she will become a lawyer or gengster in future ma. Who wanna take risk?

Why now RM14,3 is cheap, because hengyuan has prove its ability that they can run refining business better than shell ma. Generated so much profit. Slowly growing up become a star soon ma. High potential stock ma with so low PE 4 with EPS of 311.

i know we cantcompare hengyuan with nestle, dlady, panamy and ajimoto. Because some of them is klse index stock and stable profit for years. but i just want to show u some stastistic :

Petron EPS 154 PE 8.21 RM 12.72
Petronas EPS 153 PE 16 RM 24.8
Hengyuan EPS 311 PE 4.6 RM 14.3 ( 90% confrim EPS will be more after QR4)



Nestle EPS 246 PE 42.9 RM 106.1
Dlady EPS 210 PE 29 RM 63
Aji EPS 307 PE 6.8 RM 20.88
Panamy EPS 199 PE 18. 4 RM 36.86

I know different sector or industry deserve different range of PE. But, u just compare hengyuan btw petronas or petronm.

ya. be patient. will reach our tp eventually.

FMU revenue coming in ma

This stock confirm will cantik cantikt this year. 2018 is his year ma . hehe

Ucresh too expensive for the PE nowd . I think 40 or 50. The price increased because the coming QR4 should be good as imedic doing very well in russia. Company prospect is good. Just the price is too high for now. Erm, i guess the price will have correction after QR4 being released. The price already being fried up prior to QR d.

ok fahmi. See u at another counter. I think this counter forum is the most noisy 1 in i3klse recently.

huiseh ... okok. Then, wait me earn some profit from this counter first. hehe

okok. Lets earn good profit in this counter , then we go try hai boey teluk kumbar. hehe

U mean alaskan king crab ? .... i ate on last saturday also. Quite fresh. And the meat is bouncy. :)

i think is IB buy back the share ... because they know that the price will go up again tomorrow morning ma. Then, they will sell back the cheap ticket to u at higher price. After u collected the ticket, then they create fear again. Then, u sell cheap to them again. Then, they sell high to u again. The cycle keep repeating ma.

The only way is we all hold our shares tight. Then, nobody will lose.

Oriental red seafood restaurant at sungai pinang got alot of lobster. i just went last saturday for dinner

hahahahha ..... i like tempura too. Taste nice.

Erm, from what i study from the chart for previous election, klse index was increasing trend before election. I think this time the trend should be the same.

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5108737/

*** When the chances btw the contesting parties to win is close , the klse index before the election was increasing trend.*** This is what i can conclude from the study.

Correct me if i m wrong.

hehe ... yaya. its empurau. Forgot the name in malay d.

We just hold our ticket lo ... this time everyone react well. not much panic selling

yaya.

QR4 mostly will be released in last week of february

yea.. This is not the counter that u can play buy low and sell high in short term . U will lose untill pant drop.

Apolloang ... i have friend selling tempurau in penang. i can introduce to u

If hengyuan can stay green today while petronm dropped so much, its good news for us. Mean the supporting line is higher at 14.3