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Last Price

4.71

Today's Change

-0.04 (0.84%)

Day's Change

4.70 - 4.76

Trading Volume

27,300


9 people like this.

17,847 comment(s). Last comment by 888STOCK888 2 days ago

probability

13,785 posts

Posted by probability > 1 month ago | Report Abuse

no effects at all...more interested on logical arguments here


Posted by CharlesT > Jun 25, 2022 11:28 AM | Report Abuse

Btw, my average cost of HY CW n Petronm CW r very much lower than most of u here lah

Dont worry if die all go Holland together....

CharlesT

13,565 posts

Posted by CharlesT > 1 month ago | Report Abuse

When i meant cheap i meant the current price now vs the prices few weeks ago...

Maybe my England is too bad or yr IQ is too high...lol

CharlesT

13,565 posts

Posted by CharlesT > 1 month ago | Report Abuse

Our arguement will hv nothing to do with share prices here lah...just likr yr endless calculation n profit projections last few weeks..

Ops mayb i m wrong...there could hv some effects...prices drop 30%+ since then.

Yr calculations mayb very powerful to move the price...lol

probability

13,785 posts

Posted by probability > 1 month ago | Report Abuse

yup, even at RM 2 is even cheaper...

anyway, stock to the original point here

refinery is not comparable to gloves or palm oil and may visible factors are there

like i said earlier there is only factor for refinery which would adversely effect it - if EU & US decides retract russian oil embargo


till then you can relax on refinery stocks

CharlesT

13,565 posts

Posted by CharlesT > 1 month ago | Report Abuse

Relax lah dont get so emotional..

Either make or lose money only

CharlesT

13,565 posts

Posted by CharlesT > 1 month ago | Report Abuse

Bongok or smart doesnt matter...

CharlesT

13,565 posts

Posted by CharlesT > 1 month ago | Report Abuse

Making money or not is....

Mikecyc

31,446 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha konartist sslleee is like conartist callvin going ard forums to promote stock ke ...

probability

13,785 posts

Posted by probability > 1 month ago | Report Abuse

will have fun some other time

Mikecyc

31,446 posts

Posted by Mikecyc > 1 month ago | Report Abuse

Haha sslleee when u promote Petronm in Insas at Peak range price .. what did ethical Sifu 3iii said ...

CharlesT

13,565 posts

Posted by CharlesT > 1 month ago | Report Abuse

Looks like many r heavily in Crack Spread 2.0 n gets very emotional...

Relax n try to sleep well

Hope price will rebound after Q2 bombastic results n all can make money

CharlesT

13,565 posts

Posted by CharlesT > 1 month ago | Report Abuse

Hope EPS Q2 will be RM1.00 to RM1.50, then Inv Banks gives TP RM15 or RM20

Very logical TP then

probability

13,785 posts

Posted by probability > 1 month ago | Report Abuse

does inv banlk ever give TP to HY before? so far i have not seen

sad thing about bursa is it looks as if liquidity has dried up...

no keen big investors other than Koon around to push up prices

retailers strength too low

CharlesT

13,565 posts

Posted by CharlesT > 1 month ago | Report Abuse

Relax lah hold yr calculation sheet tight tight...can help u to sleep better

probability

13,785 posts

Posted by probability > 1 month ago | Report Abuse

passed the stage already.... can only hope EU dont change their mind

probability

13,785 posts

Posted by probability > 1 month ago | Report Abuse

market policy too unpredictable, anything can happen

just need another 2 months without any EU policy changes on russian oil or russian surrendering of course

CharlesT

13,565 posts

Posted by CharlesT > 1 month ago | Report Abuse

Dont be too emotional...go for a walk say 6000 steps or eat more
Anxiety n worriness r no good for health

2 months to go for Q2 result. Stay strong.

probability

13,785 posts

Posted by probability > 1 month ago | Report Abuse

ha ha...no emotion now....thats more like the state i am in...more like impatience is there

CharlesT

13,565 posts

Posted by CharlesT > 1 month ago | Report Abuse

When u scolded me Bongok just now it really scares me....not the very cool Probability i knew for years here...

probability

13,785 posts

Posted by probability > 1 month ago | Report Abuse

bongok...coz u quickly start attacking ma...before even seeing what i am trying to tell

you hands always on your pocket to take out your guns looks like

we can play shooting when price is much nicer than this

CharlesT

13,565 posts

Posted by CharlesT > 1 month ago | Report Abuse

Mayb my bad also...time is bad most people lose money....

Should talk something more positive here

probability

13,785 posts

Posted by probability > 1 month ago | Report Abuse

aiyo, you have upper hand now..as you came after price depress..you can boast around...i surrender boss

CharlesT

13,565 posts

Posted by CharlesT > 1 month ago | Report Abuse

EPS Q2 RM1.50 hopefully TP RM15 smelly smelly everybody make money laughing to the banks no more poor people here

CharlesT

13,565 posts

Posted by CharlesT > 1 month ago | Report Abuse

Good wishes positive energy may make good things happen

CharlesT

13,565 posts

Posted by CharlesT > 1 month ago | Report Abuse

Hv to share another positive news..

CLSA Feng Sui predicted the bottom at Sep n mkt will rebound strongly after that..mayb logical also after the last interest hike in Sep

Lets c. Hope all will be horseh then

By now, stay strong..

Eat sell sleep well rest well till then

CharlesT

13,565 posts

Posted by CharlesT > 1 month ago | Report Abuse

https://www.clsa.com/special/fsi/2022

So far, Chun chun predicted the bottom in Mac n then the rebound for the FH 2022.

Lets c SH 2022 chun or not

Sslee

10,132 posts

Posted by Sslee > 1 month ago | Report Abuse

The noble tiger will lead us on a journey of twists and turns that finishes on a high note.

Hope so, but no worries I still can continues collect dividends from Bplant and Petronm.

Jerichomy

2,549 posts

Posted by Jerichomy > 1 month ago | Report Abuse

Can buy lower…why not buy lower

CharlesT
Hv to share another positive news..

CLSA Feng Sui predicted the bottom at Sep n mkt will rebound strongly after that..mayb logical also after the last interest hike in Sep

Lets c. Hope all will be horseh then

By now, stay strong..

Eat sell sleep well rest well till then
9 hours ago

Posted by Want2MakeMoney > 1 month ago | Report Abuse

Price down those that already exited talk rubbish, price up then you will see CharlesT talk good about Petron. I think Petron looks safer than HengYuan based on past result. Consistency is there. Heng Yuan is more of a Casino Stock, next quarter might do well or better than Petron, but Heng Yuan is always a Casino stock to me. Only for Gamler

gemfinder

6,813 posts

Posted by gemfinder > 1 month ago | Report Abuse

Usa Oil companies only rebound litle on fri

Goldberg

2,430 posts

Posted by Goldberg > 1 month ago | Report Abuse

Oil refiners are expected to enjoy good profit margins for many years to come.

The one fundamental factor that has shaped the existing industry landscape is the tight refining capacity worldwide due to the sanctions against Russia's oil production, which is likely to persist for many years.

The sanctions and supply challenges around Russia's refined products will persist even if the war is over tomorrow- most experts in the industry believe.

This scenario as mentioned above- is a big boost to oil refiners as margins/crack spread rise- and is likely to persist as long as the Europeans sanctions against Russian oil are in place.

harold8990

320 posts

Posted by harold8990 > 1 month ago | Report Abuse

Be extra careful investing in Bursa now as market liquidity is getting smaller..might be a good choice to stay at the sideline while limiting downside risk by investing little by little while the market reach bottom..thanks to all that shared useful market info..all the best to all of us.

Goldberg

2,430 posts

Posted by Goldberg > 1 month ago | Report Abuse

KUALA LUMPUR, June 26 (Bernama): Bursa Malaysia is expected to stage an "oversold bounce” this week after the steep correction seen for the past three months, moving in the 1,450-1,480 range, a dealer said.

Going forward, Inter-Pacific Asset Management Sdn Bhd executive director and fund manager Datuk Dr Nazri Khan Adam Khan said, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was expected to rebound higher on bargain-hunting activities as traders came back into play to grab both higher and lower liners.

"I will call this an oversold bounce because the index has been oversold for the last three months, in which we were down for 10 out of 12 weeks. That is considered as extremely oversold.

"Despite that, the broader market outperformed the other regional markets, which means our correction is lower as our economic data are still resilient. Consumer spending is still strong," he told Bernama.

He also noted that Bursa Malaysia should continue its uptrend, supported by the country’s Consumer Price Index (CPI) figure, which increased 2.8 per cent year-on-year to 126.6 in May 2022 from 123.1 in May 2021.

"We are relatively better in terms of economic data, sentiment and the FBM KLCI movement because we are driven by commodity stocks that cushion our broad stock market, especially (related to) oil," he said.

Nazri added that there were plenty of opportunities to grab as the stocks were seen to be cheaper and dividend higher, coupled with a lot of catalysts to cushion against a big crash although the market was likely to see a downtrend in the medium term.

param1

768 posts

Posted by param1 > 1 month ago | Report Abuse

AH YAAA.....TAK CUKUP TOP UP

NorAfan

42 posts

Posted by NorAfan > 1 month ago | Report Abuse

Sila terus naik ke atas kepada harga yang sepatutnya

Jerichomy

2,549 posts

Posted by Jerichomy > 1 month ago | Report Abuse

Haha

harold8990
Be extra careful investing in Bursa now as market liquidity is getting smaller..might be a good choice to stay at the sideline while limiting downside risk by investing little by little while the market reach bottom..thanks to all that shared useful market info..all the best to all of us.
1 day ago

param1

768 posts

Posted by param1 > 1 month ago | Report Abuse

wAAAAAAAhhhhh

NorAfan

42 posts

Posted by NorAfan > 1 month ago | Report Abuse

Harga minyak dan permintaan minyak naik selepas pengisytiharan kemenangan melawan Covid-19 dari China. Nice.

Posted by searchingmoney > 1 month ago | Report Abuse

NorAfan
Bagus. Harga minyak dan permintaan minyak naik selepas pengisytiharan kemenangan melawan Covid-19 dari China

You believe apa China buat?

Jerichomy

2,549 posts

Posted by Jerichomy > 1 month ago | Report Abuse

Heng yuan and petronm become the next ays and hiap teck haha

param1

768 posts

Posted by param1 > 1 month ago | Report Abuse

HUAAAAT AAARRRRR

Plato99

97 posts

Posted by Plato99 > 1 month ago | Report Abuse

Any contra player still around?

Bought 5.38. Sold 5.97. TQ for the 10% contra.

param1

768 posts

Posted by param1 > 1 month ago | Report Abuse

GO GO GO

NorAfan

42 posts

Posted by NorAfan > 1 month ago | Report Abuse

searcingmoney

I percaya asalkan ia membawah berita baik kepada minyak pasaran

NorAfan

42 posts

Posted by NorAfan > 1 month ago | Report Abuse

I rasa permintaan terhadap minyak masih tinggi memandangkan harga crack spread melebihi $30 pada bulan Julai

Diamond7

1,954 posts

Posted by Diamond7 > 1 month ago | Report Abuse

LONDON: U.S. President Joe Biden has called on Saudi Arabia and other Gulf producers to increase their oil output to help stabilise prices, which have surged as a result of a strong rebound in consumption after the pandemic and now sanctions on Russia.

But Saudi Arabia and the other Gulf Cooperation Council (GCC) members probably do not have much spare capacity to raise output by a significant amount for more than a few months.

Previous appeals to Saudi Arabia to secure production increases and lower prices in 2008 by President George W Bush and in 2000 by President Bill Clinton were essentially fruitless; Biden is unlikely to be any more successful.

Posted by investor2021trading > 1 month ago | Report Abuse

Gas prices are soaring as Western sanctions on Russian energy have cut supply of refined products and there's a growing possibility of an even bigger drop-off in Russian output. It's been worsened by operational struggles at refineries after the impact of COVID-19 and years of under-investment in the industry, said Vitol's Head of Asia and other oil products Mike Muller.

In the US, the national average for a gallon of regular gasoline is $4.81, compared with last year's $3.13, according to data from the AAA. The rise in costs is a factor ultimately driving red-hot inflation in across the country, in which inflation rose by 8.6% through May to reach its highest in 41 years.

President Joe Biden on Thursday didn't appear to be able to offer much in the way of relief for American drivers, however, saying there may be no end in sight to rising fuel costs. High gas prices will continue for "as long as it takes," to punish Russia for its invasion of Ukraine, he said.

Addressing Asia, Muller doubts that China, which is a huge exporter of refined products, will increase their export quotas in the near future meaning gas prices may stay high.

888STOCK888

1,226 posts

Posted by 888STOCK888 > 1 month ago | Report Abuse

Hengyuan and Petronm share price was over RM10.00 in 2017/2018 while the oil price was only around $65...

Now oil price firmly above $100 and oil crack is all time high....

The share price will definitely cross RM10.00 again very soon!!!!

SIALANG!!!!

Heng

Ong

Huatt ah~~~ =D

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