Posted by Nepo > 2020-03-24 06:39 | Report Abuse

Can drop below RM 2?

Posted by i3lurker > 2020-03-24 06:44 | Report Abuse

Shell sold the refinery for RM1.80 after calculating the major repair costs

Posted by mf > 2020-03-24 06:45 | Report Abuse

Dow sheds another 3% after coronavirus stimulus bill fails in Senate for a second time

Posted by Keyman188 > 2020-03-25 16:17 | Report Abuse

Lai...Lai...Lai...

Adik sudah tunggu lama...

I deserve the right to bet you @....

2.05...

1.90...

1.75...

1.60...

1.45...

Posted by Naz90 > 2020-03-26 00:30 | Report Abuse

waiting that price too.. next quarter sure bleeding cuz of not much people fill up gases due to mco
extended

Posted by aloha > 2020-03-27 14:31 | Report Abuse

The Board of Directors of the Company wishes to announce that the Company intends to seek shareholders' approval at the forthcoming Annual General Meeting of the Company on the following Proposals:-



1. Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature; and


2. Proposed Share Buy-Back Authority.



A Circular to Shareholders containing the details of the Proposals will be issued and dispatched to shareholders of the Company in due course.



This announcement is dated 26 March 2020.

Posted by aloha > 2020-03-27 14:31 | Report Abuse

buy b4 too late!!!

Posted by YAPSS > 2020-03-27 23:33 | Report Abuse

YAPSS Quick Summary and Free 10 Years Financial Data of Hengyuan Refining Company Berhad:
https://www.yapss.com/post/hengyuan-refining-company-berhad-hengyuan-4324

Posted by johnbrooks > 2020-03-31 00:26 | Report Abuse

Not going to be a good year for any refinery in Asia especially. Now they are losing money with every barrel they produce (refer to article below). Just be prepared for a bad quarter in 1H20.

https://www.theedgemarkets.com/article/asian-refiners-profits-transport-fuels-fall-coronavirus-data

Posted by Newbie Here > 2020-04-02 16:26 | Report Abuse

https://www.investing.com/news/commodities-news/china-starts-buying-oil-for-state-reserves-after-price-crash-2128580

Posted by signalmw > 2020-04-03 09:36 | Report Abuse

沙特条件是 ”世界产油商需要一起减产". 剑指页岩油商和俄罗斯。
克林姆林宫发言人 Dmitry Peskov通过俄罗斯国营媒体 回应特朗普的推特
“No, 普丁总统并没有谈过减产。"

Posted by signalmw > 2020-04-03 09:37 | Report Abuse

Kemyang

Posted by signalmw > 2020-04-03 10:19 | Report Abuse

Thank u to Trump

Posted by Mabel > 2020-04-07 10:25 | Report Abuse

Indeed signalmw!

Since all the my Energy Battleships are now on full speed, it’s time to secure the final business segment of the Oil & Gas Supply Chain. Time for me to get on board this Refinery Battleship. Collected few batches this morning. Since all my Battleships are name after the ships in Pirates of the Carribean, I'm going to call her Golden Heng Yuan.

Thank you for selling!

Meow...

Posted by Mabel > 2020-04-07 16:46 | Report Abuse

Load up another batch this afternoon..

Thank you!

Meow..

Posted by Mabel > 2020-04-08 16:32 | Report Abuse

Load up another batch today..

Meow..

Posted by Mabel > 2020-04-09 10:06 | Report Abuse

Wah....

So nice ...my Yuan is climbing today...

Meow..

Posted by bahai4453 > 2020-04-13 14:40 | Report Abuse

https://www.enanyang.my/?p=1390944

Posted by aloha > 2020-04-17 10:31 | Report Abuse

Hengyuan mau mari!

Posted by aloha > 2020-04-17 12:40 | Report Abuse

next pit stop 3.20

Posted by Mabel > 2020-04-18 16:10 | Report Abuse

Meow..

Posted by Bloomberg > 2020-04-19 20:32 | Report Abuse

Back to 2.90 tomorrow.....

Posted by mf > 2020-04-19 20:32 | Report Abuse

maybe

Posted by lmy059c > 2020-04-20 12:34 | Report Abuse

2moro RM3.30 ?

Posted by ks55 > 2020-04-21 10:47 | Report Abuse

With world crude oil price plummeted to negative $40 per barrel for WTI in last day May futures trading, and Malaysia lockdown, coupled with all oil refineries shut down, I am just wondering why HYR still can hold at 3 ringgit.

I am not sure how HYR treat its inventory, is it first in last out? Is it last in first out?
Anyway, HYR must reflect market value for its crude oil inventory, which could be up to 60% off.
Petrol pump price may drop below 1 ringgit per litre this Friday. So HYR may suffer another big loss in revenue.

Should HYR fair price is at rm 1.50 or even lower?
Up to you to make an intelligent guess.

https://oilprice.com/Energy/Oil-Prices/Whats-Next-For-Oil-As-Prices-Go-Negative.html

Posted by abc333 > 2020-04-21 12:16 | Report Abuse

3. 炼油副产小品种利润极佳
Brent/WTI 油价较 2020 年初下跌近 60%，而炼油副产产品如石油焦、沥青
价格却异常强势，据百川资讯石油焦最新价格1342元/吨，较年初上涨21%，
沥青最新价格 2695 元/吨，较年初下跌 17%，跌幅也远小于原油。利润方
面，沥青、石油焦价差均创 2016 年以来最佳水平，成为炼厂效益的有力
保障。
4.工品裂解价差回暖，丙烯利润优于乙烯及芳烃
主要化工品裂解价差同样有所回暖，乙烯、丙烯、PX、纯苯对石脑油裂解
价差分别为 1594/2326/967/1249 元/吨，乙烯、PX 理论利润低于历史同期，
纯苯理论利润处于历史中枢水平，丙烯利润高于历史均值，这是由于此前
炼厂 FCC 装置降幅，丙烯供给被动收缩，丙烯供需关系更为健康。
5.受益于低油价，炼厂效益有望增厚
对炼厂效益而言，当前“低原料成本+高产品价格”局面十分有利，炼厂
在消化掉高价原油库存后效益有望进入红利期炼厂效益显著提升。我们模
拟某一体化炼化项目的动态盈利情况（暂未考虑库存损失的影响），该项
目效益显著提升。

Posted by apple168 > 2020-05-01 15:54 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/05/01/shell-cuts-dividend-for-first-time-since-world-war-ii

Posted by Michael Kwok > 2020-05-03 20:56 | Report Abuse

If not wrong,I see will below rm 3 first,then rm4.30-rm4.50(for recovery run and worst case scenario);the second its need to show increase in profit for 2 consecutive quarter(higher then previous one) which I put rm 5.40-rm 6.

Posted by mike168 > 2020-05-04 12:19 |

Post removed.Why?

Posted by Michael Kwok > 2020-05-04 15:03 | Report Abuse

Mabel,god say must sharing.U eat all the Heng Yuan not Include me.Please be a good meow.Ex.my cat.A she cat.I put food 70 percent she eat,30 percent she give other cat eat.Like me.Never be my friend dog,a he bad dog.Lol.

Posted by Bearvsbull laputee > 2020-05-05 10:45 | Report Abuse

When i saw Hengyuan at 3.00, i didn't buy! I knew oil will rebound and this stock would repeat past perfornance!

Posted by mf > 2020-05-06 10:11 | Report Abuse

PKP
India dijangka import semula minyak sawit Malaysia
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KUALA LUMPUR: India kelihatannya tidak mempunyai banyak pilihan dan dijangka kembali semula mengimport minyak sawit dari Malaysia, terutama sekiranya situasi pandemik COVID-19 di Indonesia semakin memburuk.

Posted by hipster > 2020-05-06 11:36 | Report Abuse

anyone knows why HY suddenly uptrend? the market doesn't seems to make sense anymore.

Posted by pang72 > 2020-05-06 12:17 | Report Abuse

Can buy meh?

Posted by Wen Jun > 2020-05-06 12:37 | Report Abuse

Crack spread has been negative for a while, the market makes no sense

Posted by lmy059c > 2020-05-06 12:38 | Report Abuse

It looks like this charging bull is unstoppable! Next target RM3.80 and RM4.00 ?

Posted by Jnlee > 2020-05-06 15:37 | Report Abuse

History will repeat?

Posted by aloha > 2020-05-07 21:10 | Report Abuse

oil price is up trending ....buy while it's still cheap

Posted by Jnlee > 2020-05-08 12:17 | Report Abuse

without notice,slow slow climbing up

Posted by hipster > 2020-05-08 13:29 | Report Abuse

wahhhhhh unstoppable! $21 waiting u!-)

Posted by lbjtrader > 2020-05-08 21:08 | Report Abuse

Road to Rm 5 in May...

Posted by Mabel > 2020-05-09 04:47 | Report Abuse

HengYuan has been good to me..

Took my profits yesterday. However, I usually leave some tips on the table for HengYuan..

Plan to collect more on retracement.

Otherwise, To RM 5 with loves.

Meow Meow Meow

Posted by Mabel > 2020-05-09 04:49 | Report Abuse

HengYuan is now ranked No 4 in my collections of O&G Battleships

Well done HengYuan considering i just collect these shares about one month..

Meow Meow Meow

Posted by Mabel > 2020-05-09 04:52 | Report Abuse

@Michael Kwok Mabel,god say must sharing.U eat all the Heng Yuan not Include me.Please be a good meow.Ex.my cat.A she cat.I put food 70 percent she eat,30 percent she give other cat eat.Like me.Never be my friend dog,a he bad dog.Lol.
04/05/2020 3:03 PM

I hear you Michael.. That's why I sold some of my holding yesterday...

Now waiting for retracement to collect more..

Welcome on board Michael!

Meow Meow Meow

Posted by Mabel > 2020-05-09 05:38 | Report Abuse

FYI, I reused these profit from HengYuan to buy and strengthen my position into Plantation companies..

That's the next waves coming soon...

Meow Meow Meow

Posted by LA777 > 2020-05-09 09:46 | Report Abuse

Mabel, I also invested some into Plantation companies now, hope it will come soon.

Posted by Mabel > 2020-05-09 11:56 | Report Abuse

Meow LA777

Good thinking..

Fossils Fuel vs Bio Fuel

Meow Meow Meow

Posted by oldchinaman > 2020-05-09 12:16 | Report Abuse

i bought HENGYUAN C12 2.360.20 m units @ 1/2 c on 6.apr 20 cost me only rm 11,817.27

Posted by i3 newbie > 2020-05-09 15:14 | Report Abuse

wow your c12 now 59k, 40k in one month

Posted by i3 newbie > 2020-05-09 20:05 | Report Abuse

this counter is refining, brewing maybe see 2836 or 3255 hehe..