Posted by Robinson > 2019-09-13 11:51 | Report Abuse

is not down trend, is GG. tp 3

Posted by Ekkram > 2019-09-15 11:23 | Report Abuse

https://www.cnbc.com/2019/09/14/saudi-arabia-is-shutting-down-half-of-its-oil-production-after-drone-attack-wsj-says.html

Posted by Ekkram > 2019-09-16 10:49 | Report Abuse

Traders have scrambled to calculate what the limit move in oil would be, after Saturday’s drone attack on the ‘’world’s most important oil processing plant’’. And moments ago, Brent crude reopened for trading, exploding almost 20% higher, its biggest jump in 28-years time.

https://oilprice.com/Energy/Oil-Prices/Oil-Price-Explosion-Brent-Crude-Jumps-20.html?utm_source=browser&utm_medium=push_notification&utm_campaign=VWO_Engage_notification_1568607311&_p_c=1

Posted by Ekkram > 2019-09-16 10:49 | Report Abuse

Traders have scrambled to calculate what the limit move in oil would be, after Saturday’s drone attack on the ‘’world’s most important oil processing plant’’. And moments ago, Brent crude reopened for trading, exploding almost 20% higher, its biggest jump in 28-years time.

https://oilprice.com/Energy/Oil-Prices/Oil-Price-Explosion-Brent-Crude-Jumps-20.html?utm_source=browser&utm_medium=push_notification&utm_campaign=VWO_Engage_notification_1568607311&_p_c=1

Posted by Airline Bobby > 2019-09-16 11:05 | Report Abuse

Robinson. Looks like ur tp 3 not gonna happen lol

Posted by ChoCho > 2019-09-16 22:55 | Report Abuse

Dow Jones' o&g sector/counters are very green now. Independent explorers/drillers, equipment/pipeline suppliers, refinery all are benefiting from the Aramco refinery fire.

Posted by CyrusQ > 2019-09-17 11:04 | Report Abuse

Most counter moving slow and progressive. , What about this ? any pros advice ?

Posted by Ekkram > 2019-09-17 11:38 | Report Abuse

the fire damage is not a day or a week repair job.
so siapa lambat harini akan tinggal bas.....

Posted by pang72 > 2019-09-17 11:58 | Report Abuse

This is another Pasar malam price counter...

Buy low low low...

Posted by leslieroycarter > 2019-09-17 12:17 | Report Abuse

What will happen when crude oil price hit USD 100 per barrel ?

Posted by Ekkram > 2019-09-17 12:19 | Report Abuse

buy & hold till Nov qtr result, surely beat the '18 result EPS -40.83 then time to sell la.

Posted by pang72 > 2019-09-17 14:02 | Report Abuse

Crude hit usd 100...
HRC stock gain at least rm300miliions..

Posted by pang72 > 2019-09-17 14:02 | Report Abuse

Hrc will have eps rm1. 20 again!!

Posted by Depeche > 2019-09-17 14:21 | Report Abuse

Haha...reunion of the HY old boys?? Where is Stockraider?

Posted by pang72 > 2019-09-17 18:24 | Report Abuse

Saudi refinery being attack, to my understanding refinery margin shall elevated hence benefit to hengyuan?
This happened long ago the largest refinery in Europe caught fire.. Crack spread up...

Posted by Alex™ > 2019-09-17 18:40 | Report Abuse

Wah... Hengyuan 2.0 lai liao

Posted by Alex™ > 2019-09-17 18:41 | Report Abuse

Wait europe one more fire...

Posted by pang72 > 2019-09-17 20:46 | Report Abuse

Haha!!

Posted by pang72 > 2019-09-17 20:47 | Report Abuse

Saudi the world largest bring attack create more upside mah!!

Posted by pang72 > 2019-09-17 20:49 | Report Abuse

Pchem, hrc,, petron and lctitan all up...
Chemical factory in benefit.

Posted by GooShen > 2019-09-17 22:42 | Report Abuse

Those who chase high today, tmr you need to cut loss. Oil price drop as bad as 7% now.

Posted by GooShen > 2019-09-18 09:02 | Report Abuse

Told you rite? Chase high you go to holland.

Posted by KooSan > 2019-09-18 22:02 | Report Abuse

HengYuan didn't go Holland because it is Heng and Huat. Petron is the one went Holland instead of Philippines

Posted by KooSan > 2019-09-22 15:20 | Report Abuse

Tension between the United States and Iran has been rising since President Trump abandoned the Iranian nuclear agreement last year and the attack on the oil facilities has spurred concerns of an escalation into a new war.

Posted by Jeffreyteck > 2019-09-25 12:44 | Report Abuse

Est will go down till Shell level as overall fundamentals do not change much and results is getting worst. Est goreng time is over. If not becoming like other Chinese listed firms here, it is considered very lucky.

Posted by Ekkram > 2019-09-25 16:59 | Report Abuse

https://asia.nikkei.com/Business/Energy/Exclusive-Saudi-Arabia-floats-change-to-Japan-oil-supply-sparks-concern?utm_source=facebook

Posted by Ekkram > 2019-09-25 17:01 | Report Abuse

State-owned Aramco did not say why it wants to change the oil grade it supplies to JXTG Nippon Oil

Posted by GooShen > 2019-09-30 09:09 |

Post removed.Why?

Posted by Kiyoshi Paradise > 2019-10-01 09:53 | Report Abuse

any pros comment on this counter ?

Posted by maoyap > 2019-10-02 12:40 | Report Abuse

hengyuan or petronm better? PetronM at least stable earnings and got div

Posted by Haw Liao > 2019-10-02 12:48 | Report Abuse

both gone case...

this two are like twins...

many trapped up up up there...

so high up there till sot sot no eyes see

stockraider tp rm40...

hahahaha

fools

Posted by KooSan > 2019-10-02 17:37 | Report Abuse

Be greedy when others are fearful

Posted by shpg22 > 2019-10-03 18:57 | Report Abuse

15.00 be greedy when others are fearful
12.00 be greedy when others are fearful
8.00 be greedy when others are fearful
6.00 be greedy when others are fearful
4.40 be greedy when others are fearful

Posted by beginner20 > 2019-10-04 13:31 | Report Abuse

ready for 4.00!!

Posted by Kiyoshi Paradise > 2019-10-04 15:47 | Report Abuse

KNM-WB Keep loading ... Keep Loading .... flying soon....

Load while you still can...

Posted by Kiyoshi Paradise > 2019-10-07 10:53 | Report Abuse

KNM-WB .... Keep Loading while last stock

Posted by Kiyoshi Paradise > 2019-10-08 09:02 | Report Abuse

Keep loading KNM-WB , will be rewarded

Posted by Kawkaw > 2019-10-08 12:48 | Report Abuse

Knm....kena nanti mati....looo

Posted by Alex™ > 2019-10-15 20:23 | Report Abuse

Hello anybody home~

Posted by ihelpyouUhelpme > 2019-10-17 00:50 | Report Abuse

still remember when everybody shouting this stock would go 30~~

Posted by hock007 > 2019-10-17 16:51 | Report Abuse

Yes, current crack spread stand at USD9 again, the coming profit will amazing again.

Posted by turbo8672 > 2019-10-18 16:43 | Report Abuse

hi hock007, where to check the crack spread?

Posted by leslieroycarter > 2019-10-18 16:45 | Report Abuse

It’s glory no more

Posted by apple168 > 2019-10-22 18:49 | Report Abuse

恒远(HENGYUAN，4234)与佩特仑企业(PETRONM ，3042)因油轮无法卸油，两家公司位于森美兰波德申的炼油厂双双受影响，估计要在11月初才可解决。

两家公司今日(22日)都向交易所呈报这个消息。暂时不晓得国内汽油站的供油量会否受到影响。

恒远表示，由于负责从油轮卸油的单一浮筒岸外驳系台(single buoy mooring简称SBM)发生故障，公司进口的原油无法输送至炼油厂，进油量减半。

但是，该公司没有说明有多少炼成品(如汽油与柴油等)会受影响，只说会采取应对措施这问题。

另一方面，佩特仑企业则没有说明进油量受影响程度，只表示公司供应本地的炼成品(汽油、柴油等)部份进口部份从海外进口，因此，会增加进口量以确保本地供应不受影响。

所谓的单一浮筒岸外驳系台(图中黄色的浮台，示意图，非影响到两家公司的实图)，是一个负责从油轮卸油到炼油厂储油库的浮台。这类服务多半是外判给经营SBM的公司 。

Posted by hock007 > 2019-10-22 20:15 | Report Abuse

https://www.cmegroup.com/apps/cmegroup/widgets/productLibs/esignal-charts.html?code=D1N

Posted by valueguru > 2019-10-24 10:01 | Report Abuse

Has not written for quite sometime but here goes.

To people who are totally clueless about the recent Asia refined products price movement, margins have improved a lot since Q2 this year. Q2 cracks averaged USD3.3-3.6 with some days even going below USD1, yes very low. But in Q3, due to 1.late Q2 Philly refiner's fire that permanently shutdown 335K b/d refinery, 2.multiple refineries going into maintenance and 3.attack on Saudi's production and refining facilities. A lot of news focus on the oil production but for market players on the refining products, things have not recovered yet. Say Naphtha, which Hengyuan doesn't produce a lot, the price has shoot up to multi years high. Even in Q2, its spread was negative to a low of about -USD15 but guess what, after the attack, Saudi's supply was affected and spread shot to a high of about USD110 on 14 Oct, unimaginable in recent time! As for gasoline spread, about USD11 on 4 Oct (beginning Q4). So far this month's average is about USD9. I suspect despite the recent event, the much improved refined products margins will help Hengyuan make up for the loss. Lets wait and see Q3 results in Nov.

Posted by valueguru > 2019-10-24 10:17 | Report Abuse

And one more fact for investors to ponder. in Aug news Saudi is willing to pay about USD15bil for a 20% stake in Reliance Industries (complex refinery) 500K b/d valuing the deal at USD75bil. Go and calculate yourself HY at 156K b/d refining capacity, is it over or undervalue. That's all from me.

Posted by KooSan > 2019-10-29 11:41 | Report Abuse

Grossly undervalued.

Posted by Jururawat > 2019-11-01 14:09 | Report Abuse

Can buy

Posted by investor69 > 2019-11-04 14:27 | Report Abuse

undervalue...