most stocks were hammered down today as KLCI dropped 26.78 points to settled at 1431.10 points. If tonite US market r all green, should see a strong buying pushing up d price!

poor guy going kuku! i clearly see CPO price dropping everyday since 7th June until now!

is it gud new? najib says d price of RON95 can b raised by 10 to 20 sen n export duty on palm oil increased to help d lower income group!

is it gud new? najib says d price of RON95 can b raised by 10 to 20 sen n export duty on palm oil increased to help d lower income group!

is it gud new? najib says d price of RON95 can b raised by 10 to 20 sen n export duty on palm oil increased to help d lower income group!

Date : 21/06/22
Crack Spread Futures : USD32.154 (+0.114 or + 0.36%)

HENGYUAN:
EPS= 37.94 cent
PE = 12.39 times

do invest wisely with ur hard earned money! many singkalang sifu in I3Forum!
fyi, chicken price has increased from RM10/kilo to RM14/kilo! that's a deep cut on ur purse n a hard knocked on ur head!

sailang at 7.40 magic number!

Posted by pang72 > 2 minutes ago | Report Abuse
Sell 4.70 buy back rm12 waiting Q2 record earning?
This mathematic tak Betul leh

lol! today happy n act kuku! tomorrow should b crazy!

believe or not? most tech stocks r still over-valued in bursa eg. new ipo SFPTech from 30cents to 70 cent! anyway, see how d Nasdaq n S&P 500 performed tonight!

boom pipi up 8%!

boom pipi up 6%!

Date : 17/06/22
Crack Spread Futures : USD32.04 (+1.044 or + 3.37%)

HENGYUAN:
EPS=37.94cent
PE = 11.44 times

PetDag, PetGas, Hengyuan n Petronm r beneficiaries of current Petroleum Crisis.

have it ever crossed ur mind that d sharp price hike of refinery products like diesel n gasoline r a major reasons causing inflation now in US, Europe n others non oil producing countries in Asia Pacific Regions? d spikes in crack spread price n oil refineries inability to meet its demand r causing an unprecedented global fuel crisis that will prolonged n not solved overnight!

pardon, why PetDag n PetGas still in green?

market so bad 70 cent coming!

maybe hot for this wk n then pandalela!

calling price too high! don't get trapped!

should v consider buying a new IPO shares when market is tanking of inflation?

tomorrow dividend of 20 cent ex-date! they said stocks that gives high dividend during inflation/market clashed is considered gud investment! agreed?

at PE 12.52 times, Hengyuan price can fall somemore in this bad market!

CPO price dropping is happening now! trade cautiously!

@Ahahah, okay still buying d dips!

Oil Nosedives on Fed Inflation Actions
Oil fell the most in three months due to Federal Reserve Chair Jerome Powell doubled down on his determination to curb the hottest inflation in decades with more aggressive rate hikes. For the first time, raising interest rates could result in an economic downturn and could blunt energy consumption. In the long run, supplies still look tight, market participants said.

Is this Good News for Petronm?
On Friday, Russia's Deputy Prime Minister Alexander Novak said throughput at the nation’s refineries could fall 10% this year.

Oil Nosedives on Fed Inflation Actions
Oil fell the most in three months due to Federal Reserve Chair Jerome Powell doubled down on his determination to curb the hottest inflation in decades with more aggressive rate hikes. For the first time, raising interest rates could result in an economic downturn and could blunt energy consumption. In the long run, supplies still look tight, market participants said.

bursa better stopped all these bonus issues, shares splits, shares consolidation, PP, ESOS n new warrants until d economy recover!

What has inflation n Fed raising interest rate got to do with d price of Petronm?

Global Fuel Crisis Likely to Stay Unfixed. Can d fanning inflation not a cause by d unprecedented global shortage of petrol, diesel, gas n jet fuel? Prices for middle distillates have surged in recent weeks. “There is little hope that the undersupply will ease in the near future given strong demand growth and constrained refinery output,” the IEA said. The agency’s forecast for future refining processing is “not sufficient to fully meet middle distillates demand in 2022 or in 2023.”

@ SMInvest, d RM140m to RM160m is PBT or net profit? also, is d EPS at 12 -13 sen reflect d PBT or NP? thanks! do u think d current traded price is grossly undervalue fallen below d BI (4:1) ex-date price@ 3.56?

market really bad might prolonged! i oredi cashed out most of it last Thursday!

market really bad might prolonged! i oredi cashed out most of it last Thursday! now breakeven small exposure!

this MM managed to bring down Hengyuan price so that everyone can buy!

oh yeah, sanctions on Russian's oil n Russian's oil embargo will stayed for a very long time!

European lawmakers have voted to ban the sale of new diesel and gasoline cars and vans in the EU from 2035. The deadline means the last fossil fuel cars will be sold by 2035. The plans provide the car industry with the certainty it needed to “ramp up production of electric vehicles."

Oliver Zipse, who is the president of the ACEA and CEO of BMW, said his industry was “in the midst of a wide push for electric vehicles, with new models arriving steadily.”

DALLAS—There is little evidence that gasoline prices, which hit a record $5 a gallon on Saturday, will drop anytime soon. Rising prices at the pump are a key driver in the highest inflation that Americans have seen in 40 years. Is it going to be $5? Is it going to be $6, or $7? That's the million-dollar question that nobody knows.

now, don't hear any cooking oil shortage! only v hear fuel/gasoline shortage! that is d stock theme to invest!

market don't moves up n down to favor or please specific ppl!

nothing to do with skin colors! only reluctance is Petronm price still too high to make money!

buy more PMBTech (silicon metal producer) n hold long term! d share price is grossly undervalue now n trading below d 4:1 bonus issue price (around 3.55 ex-date)!

Air, land, and sea shipments have all become more expensive as a result of record oil and gasoline costs. These increases in costs have been shifted to consumers, which is one of the primary drivers of inflation. Fuel surcharges are at historic highs, and these adjustments get passed directly on to shippers, and in turn, on to consumers.

High Gas Prices Force UK Fertilizer Plant to Shut.

CF Industries Holdings Inc. will close one of its UK fertilizer plants permanently as it struggles with high energy costs.

Record UK Diesel Jumps Above $2.49 a Liter on Motorways. The pump price for diesel passed £2 ($2.49) a liter for the first time ever on motorway service stations, according to the RAC motoring group. That’s about 6% more than the national average. Petrol also neared £2, feeding into a wider cost-of-living crisis for many.

“Another day and another round of fuel price records,” said Simon Williams, a spokesman for the UK RAC motoring group

Oil posted its seventh weekly gain as tight fuel-supply balances sustain bullish fundamentals. Crude is going to be at the mercy of the markets. Traders assess inflation’s impact on long-term demand. Refiners are churning through as much crude as they can as prices of fuels surge to record highs.

Rising prices at the pump are causing pain for Americans with gasoline on the verge of hitting $5 a gallon. Banks r forecasting gasoline will rise to above $6 by the end of the summer.

China National Petroleum Corp., the nation’s top oil producer forecast rising demand in the third quarter, warning of further disruptions from fresh supply outbreaks.

$$$ small matter for chinaman as long as everyone is happy n make money!

i think after this fall/pullback, Hengyuan price will b on uptrend!

“A gas crisis…15 years in the making.”
It might seem counterintuitive that Australia, the world’s top LNG exporter would face a gas shortage at home.

gud price to buy but Petronm price still high compared to Hengyuan!

least expected hengyuan dropped 6.45% (-40c) when petrol/diesel/gas price r still at historical high! see how next week, up or down?

lucky, sold all yesterday at 7.34! price dropped will buy back!

a gud stock to consider! just wait for better price!

dropped, buy some more, small lots @2.90!