HENGYUAN REFINING COMPANY BERHAD

KLSE (MYR): HENGYUAN (4324)

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Last Price

2.45

Today's Change

+0.03 (1.24%)

Day's Change

2.45 - 2.46

Trading Volume

57,400


33 people like this.

123,786 comment(s). Last comment by FreshMango 14 hours ago

Posted by TheLegend27 > 2018-05-14 20:51 | Report Abuse

Rafizi outburst: A Great Disappointment
Rafizi Ramli blew his top after Tun Dr Mahathir appointed Lim Guan Eng as Finance Minister, Mat Sabu as Defence Minister and Muhyiddin Yassin as Home Affairs Minister without consultation with the other 3 coalition parties according to his version.

I have no problem with him feeling disappointed or even angry. It is okay. But as a politician, he should know better. He should keep his emotions and response on the Prime Minister’s announcement to himself and his colleagues. After all he is not the Ibrahim Ali or Jamal Jamban type who is always looking for publicity or going on an ego trip or trying to score cheap points.

Once he puts his views out in the social media, he must expect the public to put his position under the microscope and to question his claim and the motives behind it.

Why did Rafazi blow his top?

In the public feedback over the internet and whatsapp, there must now be tens of thousands of responses. I estimate that at least 90 percent of the responses that I have read have criticized Rafizi and his sidekick, Member of Parliament, Wong Chen; questioned their political maturity; expressed disappointment or said that they must have some selfish motives such as wanting to become the Finance Minister; etc.

One of my friends, Dato Chew Soo Ho, a retired high court judge, wrote to me the following

I thought d appointment of d 3 ministers was with d blessing of Anwar. Rafizishould check b4 making public statement. Further, appointment of ministers is d prerogative of d PM; Rafizi has no locus standi to say that d appointments were not finalized when d PM has announced d appointments. It’s timely for Ambiga to tell Rafizi to stop it. Any grievance should breferred to his party & not taken publicly particularly at this early & critical time.

As for me, my disappointment is more personal. Until his outburst, I was so impressed by Rafizi’s speeches that I told my friends that he would be the Prime Minister one day.

In fact, when he came to Ipoh to appeal for donations for his defence, I donated Rm 50,000. He has been appealing for donations for a long time and many people have donated. He must have collected a few million Ringgit.

Some people now may be saying that he should tell us how he has spent the money or they will complain about it in the same way he is complaining about Tun Dr. Mahathir – no consultation, simply bulldozing, etc.

Tun Dr. Mahathir: The Game Changer Pre and Post GE14

Let us all look at the larger picture.

Without Tun Dr Mahathir we could not have changed the corrupt BN government.

PKR and Pakatan Harapan would have continued being in the opposition and there will be no ministerial positions to fight over or any other political spoils to share out.

I cannot see anything wrong for the Prime Minister to appoint the best three people in his judgement to the critical ministries he prioritized in the interest of the country.

Why rush to judgement and complain about the “unhealthy attitude of Malaysians never to question authority” and to bracket Tun Dr. Mahathir in the same company as ex-PM Najib and Rosmah?

Tun Dr Mahathir has amply shown that he is a changed man who intends to spend his remaining years undoing the damage to the nation – including that which he himself was responsible for.

Let us work with him, not against him

Posted by TheLegend27 > 2018-05-14 20:52 | Report Abuse

Koon donated 50k to Rafizi

stockraider

31,556 posts

Posted by stockraider > 2018-05-14 21:27 | Report Abuse

Don talk rubbish lah....!!

Rafizi is a nice guy...who have sacrifice alot for msia election success today mah...!!

His outburst is to protect keadilan & malaysia...seeing mahathir make announcement without azizah mah....!!
He thought azizah had just walkout....he did not know mahathir is going to brief anwar in prison loh...!!

The fault is partly lies wuth azizah, as a deputy president...she should have stayed & complete the press briefing b4 just simply rush out to meet anwar mah....!!

Mahathir use to be a dictator, of course Rafizi is worried & need to guard against loh....!!
Thus it is just a small matters & misunderstanding loh, why u people so sibuk, want to talk bad of rafizi leh ??

stockraider

31,556 posts

Posted by stockraider > 2018-05-14 22:10 |

Post removed.Why?

Investor48

1,330 posts

Posted by Investor48 > 2018-05-14 22:19 | Report Abuse

This rebound seems much more solid than the last one.

Hehe..

Henly

1,902 posts

Posted by Henly > 2018-05-14 22:27 | Report Abuse

hy closing at 9.05 instead of 9.30?

Investor48

1,330 posts

Posted by Investor48 > 2018-05-14 22:30 | Report Abuse

No difference.
Tomorrow more 9.30
Looking forward to 10

Hehe...

Posted by TheLegend27 > 2018-05-14 22:59 | Report Abuse

i saw this statement in Q&A for AGM.
"HRC’s principal market is the domestic market, where over 90% (by volume) of the company’s refined products are sold in Malaysia. The remaining 10% of our production, including naphthalene and propylene, are exported elsewhere in Asia."

Since HY sold 90% to Malaysia market (mostly is subsidized diesel and gasoline), then i know that of course HY is selling as market price to Shell and Shell get the subsidy back from government. But then because of subsidy need to be given to people, then of course Government will try nego a more cheaper price from shell, and in return shell will pass some of the burden to HY. So it will also impact HY revenue and then profit. Remember HY sell 90% of his product as per the statement obtain from the Q&A AGM.

Posted by 10154675247544965 > 2018-05-15 00:00 | Report Abuse

This week rm 12

Hanwen Yeh

957 posts

Posted by Hanwen Yeh > 2018-05-15 00:26 | Report Abuse

The new PH government & New PM TUN M has been BUSY rounding up those that has been abusing their position wrong doings cheat on the rakyat of Malaysia.

Same for the Manipulators (the major owners & their 4 issuers -brokers/of call-warrants of HengYuan price H K M Q) who were insiders of corporate announcements(profits/dividend) and sold down in concert the HY price from 15.00 (27feb2018) to 6.02(04apr2018), let the " newly repent civil servants" @ regulatory authorities wake up and conduct serious investigations into the 4 brokers accounts/computer-systems audit-trails during the said period. Sure jail-cases!!!!

Prediction : Manipulators now doing 11 trading-days of pushing up till Mon 28May to 12.50.
Another round of con-man price-manipulation!!

Depeche

4,451 posts

Posted by Depeche > 2018-05-15 04:07 | Report Abuse

This bull run could indicate that the sleeping giant has finally
RE-awakened!!

Sinopsis

179 posts

Posted by Sinopsis > 2018-05-15 07:01 | Report Abuse

Aiyoyo.today close 11.kikiki

Posted by Goodgoing888 > 2018-05-15 08:33 | Report Abuse

Close higher than yesterday. Slowly go up, better than pump fast and dump. Hyy will support price to climb back RM20

Posted by keechungwong54 > 2018-05-15 08:34 | Report Abuse

I have said many times TP price for hengyuan is RM10.00 to RM12.00. Believe or not is up to u.

Alex™

12,593 posts

Posted by Alex™ > 2018-05-15 09:20 | Report Abuse

FIREEEEEEEEEEEEEEEEEEEEEEEEEEEE

Sinopsis

179 posts

Posted by Sinopsis > 2018-05-15 09:30 | Report Abuse

Aiyoyo.1 day show or weak holder exit.kikiki

hisehatu

2,250 posts

Posted by hisehatu > 2018-05-15 10:51 | Report Abuse

TP today 8.00 and TP next week 10.00

JokerT

1,391 posts

Posted by JokerT > 2018-05-15 10:54 | Report Abuse

collect more... TP 10 at the corner

moneypedia

5,987 posts

Posted by moneypedia > 2018-05-15 10:55 | Report Abuse

ermm need to retrace bit....

paktua73

18,413 posts

Posted by paktua73 > 2018-05-15 11:04 | Report Abuse

iyaaa mana dragon,tongkarat pegi???
old man manyiak liiiiiinduuuu wooo

tut tut
love PH

hollandking

3,694 posts

Posted by hollandking > 2018-05-15 11:14 | Report Abuse

think they gone for holiday

JokerT

1,391 posts

Posted by JokerT > 2018-05-15 11:17 | Report Abuse

Up up up

KAQ4468

21,497 posts

Posted by KAQ4468 > 2018-05-15 11:18 | Report Abuse

Dragon Slayer now sudah masuk kerja @ Putrajaya

jadi event organizer with PH

kikikiki




he organized HengYuan event very well ... good track record ..
now DS sitting belakang Zeti , Hassan Marican , Daim , Jomo , Robert Kok

paktua73

18,413 posts

Posted by paktua73 > 2018-05-15 11:19 | Report Abuse

ooo i see old man love them hu hu

tut tut
majlis orang tua tua( council of elders)

KAQ4468

21,497 posts

Posted by KAQ4468 > 2018-05-15 11:24 | Report Abuse

aiyooo Pak Tua

itu Team semua 70 , 80 , 90 punya umur ... 93 pun ada wooo

kaw kaw punya experienced ... najib belum beranak lagi , diaorang sudah jadi business man & ahli politik ..




hapuskan GST , kembalikan subsidi minyak , tarik balik duit 1MDB ..
hahaha itu semua celah gigi diaorang aje ..

paktua73

18,413 posts

Posted by paktua73 > 2018-05-15 11:29 | Report Abuse

kaq4468#aiyooo Pak Tua

itu Team semua 70 , 80 , 90 punya umur ... 93 pun ada wooo

kaw kaw punya experienced ... najib belum beranak lagi , diaorang sudah jadi business man & ahli politik ..




hapuskan GST , kembalikan subsidi minyak , tarik balik duit 1MDB ..
hahaha itu semua celah gigi diaorang aje ..
15/05/2018 11:24
------------------------------------------------------------------------------------------

taw tak paaa
he he he
don't play play with old man team rr

tut tut
gebang kalah h33 hehe

paktua73

18,413 posts

Posted by paktua73 > 2018-05-15 11:35 | Report Abuse

polycarp buy opcom n dialog
will fly wooo
old man in ready

tut tut
hanya cadang beli atas rsiko sendiri

hisehatu

2,250 posts

Posted by hisehatu > 2018-05-15 11:36 | Report Abuse

approaching TP RM8.00. better Q now

GoodBoy

6,594 posts

Posted by GoodBoy > 2018-05-15 11:42 | Report Abuse

Excitement over already ... buy on dips ...

paktua73

18,413 posts

Posted by paktua73 > 2018-05-15 11:53 | Report Abuse

dragonslyer#Aiyo YAB....YAB at here...takda dapat MP post kah...takda sit beside Tun kah...wtg ...senator post kah...aiyoyo...kikiki
15/05/2018 11:45
---------------------------------------------------------------------------
nice see u back buddy..
noo laa dragon...
duduk jadi tukang tarik kerusi jer..
dlm "majlis orang tua tua"( council of elders)

tut tut
so happy PH now conquer all big state

dragonslayer

9,527 posts

Posted by dragonslayer > 2018-05-15 12:03 |

Post removed.Why?

joekit

833 posts

Posted by joekit > 2018-05-15 12:38 | Report Abuse

wah...dragon..finish taking down all the BN flag ka? why take so long geh...keep claim obertaim ah?

now no more lar akauntan competition..boring...

now we all eyes on Jedi Council..got obiwan, gandalf, r2d2, very very cool ah..

Lee Yih Yeong

1,771 posts

Posted by Lee Yih Yeong > 2018-05-15 13:22 | Report Abuse

PH win hengyuan tax being return by government, upgrade eps to 20

edison5351

236 posts

Posted by edison5351 > 2018-05-15 14:08 | Report Abuse

im back to save u guys, is time to cut off, and park on Gamuda is going to blow this time. yesterday oversold. and penang LRT is coming to them. all warrants good return especially C44 most potential.

edison5351

236 posts

Posted by edison5351 > 2018-05-15 14:09 | Report Abuse

Cut win HY as i did yesterday, do not chase high. focus gamuda now

Henly

1,902 posts

Posted by Henly > 2018-05-15 16:35 | Report Abuse

Ringgit will appreciate to 3.4 good for HY cheaper cost to import crude oil

coffeecup

365 posts

Posted by coffeecup > 2018-05-15 16:54 | Report Abuse

Nice rebound for hy and stabilising. I think next two days got show in muda and orna

TeamRocket

4,630 posts

Posted by TeamRocket > 2018-05-15 17:23 | Report Abuse

Good time to enter hengyuan or wait till 7 ?

TeamRocket

4,630 posts

Posted by TeamRocket > 2018-05-15 17:52 | Report Abuse

Lol! This dragonslayer from day 1 I join till now nvr a day he missed to post in this forum... so loyal...kikikikikikiki

kirawang

240 posts

Posted by kirawang > 2018-05-15 18:18 | Report Abuse

8.88 good number huat...kikikikikih

upshare

3,239 posts

Posted by upshare > 2018-05-15 20:12 | Report Abuse

Habis..

probability

14,463 posts

Posted by probability > 2018-05-15 20:42 | Report Abuse

aiyo dragon...after the election euphoria...HY is pretty boring for me to comment..

would not touch this counter till 'Q2' 2018 results are out.

may god bless the investors here...

Investor48

1,330 posts

Posted by Investor48 > 2018-05-15 22:01 | Report Abuse

Just hold..
Tomorrow Anwar release...market fly..

Hehe...

upshare

3,239 posts

Posted by upshare > 2018-05-15 22:15 | Report Abuse

Ha
.........ha...

Investor48

1,330 posts

Posted by Investor48 > 2018-05-15 22:32 | Report Abuse

Most likely core cabinet to be announced after Anwar release..
Another confident booster..

Hehe... huat ar..!

itch

1,178 posts

Posted by itch > 2018-05-15 22:54 | Report Abuse

1MDB audit report declassified...market fly kikiki

paperplane

21,634 posts

Posted by paperplane > 2018-05-15 23:50 | Report Abuse

So now petrol got back subsidy. So what crap spread u wanna talk now

joekit

833 posts

Posted by joekit > 2018-05-16 08:06 | Report Abuse

wah...expert say SST will make care more expensive ah...faster go buy car first lar....hahaha.... more car....more thirsty for petrol ah....pump shell pump pump pump....

moneypedia

5,987 posts

Posted by moneypedia > 2018-05-16 09:00 | Report Abuse

patut la havoc balik ala dlagon lupanya.....nevermind crapspread or crackspead or butterscotchspread intact, by hook or by crocodile Dundee

joekit

833 posts

Posted by joekit > 2018-05-16 09:08 | Report Abuse

many jump to pakatan stocks ady...

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