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 1 day ago

nckcm

2,726 posts

Posted by nckcm > 2019-03-06 17:38 | Report Abuse

Why all kyy stock goreng today ??

tehka

1,928 posts

Posted by tehka > 2019-03-06 19:08 | Report Abuse

Hengyuan has closed above its 200 day moving average today with a long white candle. Should be able to visit 7.00 level in the next few days

Tongkarat

7,587 posts

Posted by Tongkarat > 2019-03-06 23:49 | Report Abuse

Ohhhhh yeahhhhhhhhhhhhhhh....

Ekkram

763 posts

Posted by Ekkram > 2019-03-07 09:04 | Report Abuse

soon will cross Petronm...

Tongkarat

7,587 posts

Posted by Tongkarat > 2019-03-07 09:31 | Report Abuse

Keras tegang lagiii....

Ekkram

763 posts

Posted by Ekkram > 2019-03-07 09:34 | Report Abuse

within first 30 mins; Buy % 62, $2mil trans value, this is not every normal day....will be good day today!

CyrusQ

2,058 posts

Posted by CyrusQ > 2019-03-07 09:54 | Report Abuse

@superpanda - how accurate is that ?

kentwoon

1,841 posts

Posted by kentwoon > 2019-03-07 10:24 | Report Abuse

Mr 3iii I bought at 4.88 . Now safety of margin or not?

tftey

326 posts

Posted by tftey > 2019-03-07 10:51 | Report Abuse

Hengyuan can be very interesting next 12 months

Ekkram

763 posts

Posted by Ekkram > 2019-03-07 11:09 | Report Abuse

next 12 months is time to sell.

PHconman

335 posts

Posted by PHconman > 2019-03-07 12:35 | Report Abuse

3pm showtime again

lammy

7 posts

Posted by lammy > 2019-03-07 12:58 | Report Abuse

whats going to happen at 3pm

Letgohrc

93 posts

Posted by Letgohrc > 2019-03-07 13:08 | Report Abuse

Not only interesting but potential golden egg

CyrusQ

2,058 posts

Posted by CyrusQ > 2019-03-07 13:28 | Report Abuse

Oooo golden egg in past history but it also a nightmare when it falls from 19$

CyrusQ

2,058 posts

Posted by CyrusQ > 2019-03-07 13:30 | Report Abuse

How far it can drive ?

Posted by DingDongHai > 2019-03-07 13:45 | Report Abuse

3pm announcing partial quarter result. Stay tune

CyrusQ

2,058 posts

Posted by CyrusQ > 2019-03-07 16:37 | Report Abuse

How’s the result ?

CyrusQ

2,058 posts

Posted by CyrusQ > 2019-03-07 16:38 | Report Abuse

Looks like the qr doesn’t look good

CyrusQ

2,058 posts

Posted by CyrusQ > 2019-03-07 16:39 | Report Abuse

Lai Lai Lai advisor

tehka

1,928 posts

Posted by tehka > 2019-03-07 21:33 | Report Abuse

What qr result? Tokok?

Posted by DingDongHai > 2019-03-08 08:54 | Report Abuse

Thousands queuing buy.. good sign

Tongkarat

7,587 posts

Posted by Tongkarat > 2019-03-08 16:32 | Report Abuse

Kasik urut lagiii....

Posted by William John Gomes > 2019-03-11 12:45 | Report Abuse

Sudah urut....

stockraider

31,556 posts

Posted by stockraider > 2019-03-11 12:49 | Report Abuse

Fine road to recovery loh....!!
3iii eye is very green seeing hengyuan upthrust loh...!!

TakeProfits

1,229 posts

Posted by TakeProfits > 2019-03-11 21:19 | Report Abuse

Tongkarat..Wah lu hari hari urut urut syok kah. Tunggu ini kaunter naik tegak...itu jam, saya urut lagi syok...kikikik. Haha. Macam mana tongkarat...guna tongkat...hehehe..

AzerothJr

649 posts

Posted by AzerothJr > 2019-03-12 02:29 | Report Abuse

Pump and dump?

Tongkarat

7,587 posts

Posted by Tongkarat > 2019-03-12 11:43 | Report Abuse

Kasik tegang lagiii....

TakeProfits

1,229 posts

Posted by TakeProfits > 2019-03-12 13:34 | Report Abuse

Wah walau tongkarat, you belt strong arh. Belapa lot you belik hehe..kikikiki...urutt banyak kuat kah

Tongkarat

7,587 posts

Posted by Tongkarat > 2019-03-12 18:21 | Report Abuse

Kasik urut baik baik....

stockraider

31,556 posts

Posted by stockraider > 2019-03-12 18:55 | Report Abuse

As most O&G stocks like Carimin, Naim, Dayang & Penergy have gone up 100% to 200% from its lows Raider has unearthed another Great O&G Stock yet to run up

That Stock is Sapnrg.

At Its early days of IPO (2013 to 2014) Sapnrg O&G Was As High As Rm7.00

But in Year 2014 Due to Brent Crude Oil price crashed to a low of USD27 Petronas cut down from 39 Oil Rigs to only 14 Oil Rigs

As a result Sapnrg 0&G business contracted & its share price collapsed all the way till now (Sapnrg was later sold to Amanah Saham Bumi)

AND NOW THESE ARE SOME VERY GOOD TURNING POINTS FOR Sapnrg

1) PETRONAS HAS INCREASED UPSTREAM EXPENSE FROM RM11.5 BILLIONS (2018) TO RM15 BILLIONS (2019) THIS YEAR

That means that there will be EXTRA 30% CASH INFUSION INTO UPSTREAM O&G ACTIVITIES

CARIMIN, DAYANG, PENERGY, BINTULU PORT HAVE SEEN INCREASING REVENUES DUE TO O&G ACTIVITIES FOR YEAR 2018. AND GOING INTO YEAR 2019 IT WILL SEE EVEN MORE ACTIVITIES

All Due to these Factors

2)) Brent Crude Price has gone back up above USD65.00 per barrel

SO IT IS VIABLE TO EXTRACT MORE OIL

3) Govt wants more Dividend from Petronas (Currently Petronas gave Rm24 Billions usual dividend PLUS A Special Dividends of RM30 Billions = Total Rm54 BILLIONS)

4) RAPID REFINERY In Completion also require EXTRA 54.7 MILLION BARRELS OF CRUDE YEARLY
So all these Converging Factors Have Fired Up O&G Stocks

5) Sapuranrg HAS RECEIVED 6 JOB AWARDS SINCE YEAR 2018

Making a Very Good Track Record of securing over Rm 5 Billion Ringgit Revenue for Year 2018 & 2019
And More Jobs going into Year 2019 as PETRONAS IS STEPPING UP OIL EXPLORATION.
At the moment sapnrg got rm 16 billion order books in hand.

6) SEEING SUCH GOOD PROSPECTS PNB BUMI HAS BOUGHT More sapnrg raising their stake from 12% to 48% injecting about Rm 2 billion loh...!!

7) ALTHOUGH Sapnrg HAS 16 BILLION SHARES ITS TOP 30 HOLDERS ARE AMANAH SAHAM BUMI, PNB & TOP LOCAL & FOREIGN FUNDS
80% ARE OWNED BY THESE STRONG HOLDERS.
Only 4 billion shares are in freefloat.

8) SINCE PENERGY, CARIMIN & DAYANG HAVE ALREADY RUN UP SO MUCH IN PRICE IT IS A WISE STRATEGY TO TAKE SOME PROFITS IN THESE & BUY SOME LAGGARD Sapnrg.

9) Sapnrg COULD BE ANOTHER DAYANG OR A HIDDEN GEM...raider has estimated it overtake Pchem mkt capitalization in 3 yrs time loh..!!

10) JUST LIKE NAIM WAS SOLD DOWN TO 45 SEN AFTER CAPITAL EXERCISE Sapnrg HAS ALSO BEEN SOLD DOWN TO ONLY 23.5 SEN (DUE TO CAPITAL EXERCISE RECENTLY)

Share just like NAIM AT 50 SEN. NAIM REACHED RM1.00 FOR 100% UPSIDE RECENTLY

SO Sapnrg IS NOW 32 SEN

WHAT IS THE TARGET PRICE FOR Sapnrg?

Raider HAS A 3 YEAR TARGET PRICE FOR Sapnrg AT RM 3.00 loh...!!

stockraider

31,556 posts

Posted by stockraider > 2019-03-12 18:56 | Report Abuse

Yea Great man think alike loh....!!

I bet they are thinking positively like raider loh...!!

Posted by spinninglotus > Mar 12, 2019 06:36 PM | Report Abuse

Stockraider
Today Vincent Tan sapu Sapnrg
I also got shocked
Long time never see Vincent Tan
Today Fong Siling and Vincent Tan both sapu Sapnrg
Hahahahaha

Tongkarat

7,587 posts

Posted by Tongkarat > 2019-03-13 12:45 | Report Abuse

Good movement...

Tongkarat

7,587 posts

Posted by Tongkarat > 2019-03-13 15:36 | Report Abuse

Urutan baik....

Tongkarat

7,587 posts

Posted by Tongkarat > 2019-03-13 18:39 | Report Abuse

Esok pulak....

tehka

1,928 posts

Posted by tehka > 2019-03-13 18:48 | Report Abuse

Esok urut lagi?

tehka

1,928 posts

Posted by tehka > 2019-03-13 19:13 | Report Abuse

Ini hari hari urut, bila mahu pancut?

tehka

1,928 posts

Posted by tehka > 2019-03-13 22:12 | Report Abuse

Omg Brent amazing bull 67.3 now

Tongkarat

7,587 posts

Posted by Tongkarat > 2019-03-14 12:11 | Report Abuse

Kasik urut pelan pelan....

Tongkarat

7,587 posts

Posted by Tongkarat > 2019-03-14 16:06 | Report Abuse

Steady....

tehka

1,928 posts

Posted by tehka > 2019-03-14 17:54 | Report Abuse

Last minute sudah lembik

Tongkarat

7,587 posts

Posted by Tongkarat > 2019-03-14 19:16 | Report Abuse

Still green closing....

635789

133 posts

Posted by 635789 > 2019-03-14 20:05 | Report Abuse

After a major scheduled production downtime from 6/8/2018 to 21/10/2018 the company is geared towards full production in 2019. The loss has reduced substantially from RM122m for quarter ended 30/9/2018 to a small loss of RM72k for quarter ended 31/12/2018 due to scheduled production downtime. As the crude oil has recovered from USD 50 per barrel at the beginning of the year to the current USD 67, the profit for this coming quarters should be very good. This will repeat the share price movement in 2017 from the current RM6.30 to hit above RM10 in 2019.

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2019-03-14 20:27 | Report Abuse

To the residents of Pasir Gudang,boil a lot of raw barley,red dates,
lady fingers to detox their toxic from the bodies immediately before fall sick as this is an effective method precaution.

Tongkarat

7,587 posts

Posted by Tongkarat > 2019-03-15 10:21 | Report Abuse

Good movement....

Tongkarat

7,587 posts

Posted by Tongkarat > 2019-03-15 18:11 | Report Abuse

Closed down one sen.... still good

stockraider

31,556 posts

Posted by stockraider > 2019-03-16 11:50 |

Post removed.Why?

Yu_and_Mee

3,451 posts

Posted by Yu_and_Mee > 2019-03-16 12:02 | Report Abuse

going to repeat the goreng previously?

Posted by DingDongHai > 2019-03-17 13:34 | Report Abuse

stockraider can give more justifiable data instead of talk like pasar uncle selling vege?

stockraider

31,556 posts

Posted by stockraider > 2019-03-17 15:29 | Report Abuse

Give u so many justification, still want justification ah ??

Your issue is not justfication but courage loh....!!

Even pasar lady ahfah understand and turn very bullish...and she bought more sapnrg loh....!!

Btw ahfah has bought 6000 units at 5.00 hengyuan....now holding tight tight for long term loh.....!!

Posted by DingDongHai > Mar 17, 2019 01:34 PM | Report Abuse

stockraider can give more justifiable data instead of talk like pasar uncle selling vege?

9share

40 posts

Posted by 9share > 2019-03-19 12:43 | Report Abuse

it is rumoured that … uncle Koon slowly collecting Turbo since 2 weeks ago !

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