HENGYUAN REFINING COMPANY BERHAD

KLSE (MYR): HENGYUAN (4324)

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Last Price

2.42

Today's Change

+0.03 (1.26%)

Day's Change

2.39 - 2.46

Trading Volume

638,700


33 people like this.

123,785 comment(s). Last comment by kebling98 2 days ago

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-11-28 19:55 | Report Abuse

Those chased today, kena. Congrats. Another xinguan in d making

mf

28,412 posts

Posted by mf > 2018-11-28 19:57 | Report Abuse

Sell

idunwork

431 posts

Posted by idunwork > 2018-11-28 19:59 | Report Abuse

The old man believed the xinquan story 100%. Here is one example how the chinese cheat...

https://youtu.be/jiXcK99PxkM

ks55

3,802 posts

Posted by ks55 > 2018-11-28 20:01 | Report Abuse

Will fire breaks out tonight?

Posted by `Sincere_Analyst` (user id, kenlee is FAKE) > 2018-11-28 20:07 | Report Abuse

The result is good a actually

Posted by PotentialGhost > 2018-11-28 20:07 | Report Abuse

Walao scary !! Malaysia stock market really unique.

qqq3

13,202 posts

Posted by qqq3 > 2018-11-28 20:16 | Report Abuse

see who dares to be quarterly profits X 4 guy anymore....or even PE/NTA value investor.

trader better....trader I make money in HY.

lincm86

168 posts

Posted by lincm86 > 2018-11-28 20:25 | Report Abuse

Price drop from RM6 to RM4.91 before result is released. Maybe will still above RM4.xx tomorrow?

kahhoeng

3,926 posts

Posted by kahhoeng > 2018-11-28 20:25 | Report Abuse

err.... surprise to see the losses (higher than what I thought it should be) but more surprises seeing Hengyuan in cash position, as if the management knows the oil price is to drop?!? Or, is it just coincidence due to plant upgrade?

TheMiddle

789 posts

Posted by TheMiddle > 2018-11-28 20:31 | Report Abuse

If crude oil price still fluctuate in range of usd 65 to usd 75, eps will be in negative value. Legend of PE 2 will be broken next morning.

Ekkram

763 posts

Posted by Ekkram > 2018-11-28 20:32 | Report Abuse

Its a good new actually, we can expect the lower rev due to lower production activities in the Q3, its not a surprise. MTA 2018 $1.5mil below budget, so for the next 5 years will be no MTA, thats the ka-ching! When they spent millions for MTA, you believe they will go bankrupt? This is the best time to jump in @ this kind of price! Will be some panic sell but surely they will regret later on, wkwkwkw

GoodBoy

6,594 posts

Posted by GoodBoy > 2018-11-28 20:38 | Report Abuse

Walao ... The limit down baton passed to HengYuan now Ka ? ... hahaha ...

GoodBoy

6,594 posts

Posted by GoodBoy > 2018-11-28 20:40 | Report Abuse

Someone pls calculate the limit down price from 4.91 ... hahaha ...

Ekkram

763 posts

Posted by Ekkram > 2018-11-28 20:42 | Report Abuse

The result does not reflect of any trend of cont. loss, since 21 Oct they already resume back operation post MTA 2018, moving forward will be sweet for this counter.

“As a direct result of the planned shutdown due to MTA 2018, the refinery recorded a reduced sales volume of 5.9 million barrels and 26.9 million barrels respectively for the current quarter and cumulative period ended 30 September 2018, compared to the 10.9 million barrels and 30.7 million barrels recorded in the corresponding comparative periods.”

sell

2,453 posts

Posted by sell > 2018-11-28 20:50 | Report Abuse

4-4.5 to come since QR is loss?

GoodBoy

6,594 posts

Posted by GoodBoy > 2018-11-28 20:50 | Report Abuse

MoF teach me one ... hahaha ...

pang72

49,870 posts

Posted by pang72 > 2018-11-28 21:06 | Report Abuse

drogon...who is the champion of accountant ooooo?
-40cents leh!!
can you flag out the list?

lizi

1,968 posts

Posted by lizi > 2018-11-28 21:09 | Report Abuse

4.1 lah.....u know why.....because hengyuan have high correlation with bitcoin price mah......both also 5++ to 19++ and back.....chun chun one..

warren buntut

7,854 posts

Posted by warren buntut > 2018-11-28 21:10 | Report Abuse

shut down lar. expected lower sales. u all sakai know to read or not ?

Investor48

1,330 posts

Posted by Investor48 > 2018-11-28 21:11 | Report Abuse

HY..I'm back..!

Hehe...

lizi

1,968 posts

Posted by lizi > 2018-11-28 21:12 | Report Abuse

ooppss....it should 3.5 lerrr.....bitcoin also 3500 before rebound.....then chun chun around limit down price.....dun say dun believe.....

pang72

49,870 posts

Posted by pang72 > 2018-11-28 21:15 | Report Abuse

aiyo...........no champion leh....
I thought i got the award........shit...

pang72

49,870 posts

Posted by pang72 > 2018-11-28 21:16 | Report Abuse

this year is tabao year....all kaput!!

Posted by Lukesharewalker > 2018-11-28 21:21 | Report Abuse

normalised gross profit 4.7 million????? OMG

apolloang

18,163 posts

Posted by apolloang > 2018-11-28 21:21 | Report Abuse

mr TP 42 where r u? tomoro maybe 4.2 not 42....hahaha

beso

2,137 posts

Posted by beso > 2018-11-28 21:24 | Report Abuse

very big loss, sure limit down

Posted by Lukesharewalker > 2018-11-28 21:26 | Report Abuse

does not look good for next QR as purchases are made in high prices. not much of a margin

Alex™

12,593 posts

Posted by Alex™ > 2018-11-28 21:26 | Report Abuse

tribute to hrc shareholder....kesian everyone...

https://www.youtube.com/watch?v=hzNRl6emK90

Posted by Lukesharewalker > 2018-11-28 21:27 | Report Abuse

maybe even 2.00 with the huge borrowings

angkokann

705 posts

Posted by angkokann > 2018-11-28 21:27 | Report Abuse

should down to rm1 soon

BenPg

212 posts

Posted by BenPg > 2018-11-28 21:28 | Report Abuse

Is Uncle Koon going to sapu HY tomorrow?

Investor48

1,330 posts

Posted by Investor48 > 2018-11-28 21:32 | Report Abuse

tomorrow laosai again..?

Hehe...

Investor48

1,330 posts

Posted by Investor48 > 2018-11-28 21:35 | Report Abuse

Any advice..what price can buy..?

Hehe...

somchik

1,231 posts

Posted by somchik > 2018-11-28 21:37 | Report Abuse

omg, amik kau,,another company from the red flg..kikiki que sera sera

Jon Choivo

3,668 posts

Posted by Jon Choivo > 2018-11-28 21:41 | Report Abuse

I'm fine with the result. Will buy more.

emil

1,428 posts

Posted by emil > 2018-11-28 21:42 | Report Abuse

the next QR report expected to incur big losses also.....next report due Feb'19, tat time can buy at RM 1.80

emil

1,428 posts

Posted by emil > 2018-11-28 21:43 | Report Abuse

2019 TP RM1.80

Jon Choivo

3,668 posts

Posted by Jon Choivo > 2018-11-28 21:46 | Report Abuse

Yeap.

Go study more.

====
Posted by deMusangking > Nov 28, 2018 09:42 PM | Report Abuse

I'm fine with the result.???!!!!!!!!

OMG!

Investor48

1,330 posts

Posted by Investor48 > 2018-11-28 21:46 | Report Abuse

Okok...I x2..
Tomorrow Q at 3.60..

Hehe...

Posted by Lukesharewalker > 2018-11-28 21:49 | Report Abuse

no hurry next QR is not good too...maybe in FEB 2019

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2018-11-28 21:51 | Report Abuse

Believe in it,now cry until no tears,Ah Fah is real broke,lost all saving loh,pity her.

Jon Choivo

3,668 posts

Posted by Jon Choivo > 2018-11-28 21:53 | Report Abuse

Here's a hint.

Stockholding loss incurred in "cost of sales"

Derivative gains/loss, is recognized in "Other comprehensive income". despite it being it being used to hedge crack and oil volatility during the normal course of business.

Net those together, what do you get?

And then double the revenue and the net figure, to normalize for normal volume of sales.

What figure do you get?

I'm not going to tell anyone more. Id rather top up at RM1.8 than RM4.


====
Posted by deMusangking > Nov 28, 2018 09:46 PM | Report Abuse

salute u!!!!!

emil

1,428 posts

Posted by emil > 2018-11-28 21:55 | Report Abuse

2019 still maintain TP 1.80...

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-11-28 21:56 | Report Abuse

Yup turnaround tat makes it loss.. but refining margin stil weak. Dun expect report good result in feb next yr. No hury to jump in

Jon Choivo

3,668 posts

Posted by Jon Choivo > 2018-11-28 21:56 | Report Abuse

I dunno why my heart so soft go and explain to you guys, and potentially increase my cost price.

its ok, good for karma.

I'll delete my explanation tmr morning.

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-11-28 21:56 | Report Abuse

Yup turnaround tat makes it loss.. but refining margin stil weak. Dun expect report good result in feb next yr. No hury to jump in

Investor48

1,330 posts

Posted by Investor48 > 2018-11-28 22:00 | Report Abuse

Pray I can get 3.60 tomorrow..
The last I sold from 8+ to 9+..

Hehe...

Posted by shareinvestor88 > 2018-11-28 22:01 | Report Abuse

sell tp 1.00

Alex™

12,593 posts

Posted by Alex™ > 2018-11-28 22:03 | Report Abuse

haha, all publish previous sell price....i also want~

Alex™

12,593 posts

Posted by Alex™ > 2018-11-28 22:06 | Report Abuse

dun play play, later SC come knocking, asking who arson

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