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

Ster333

68 posts

Posted by Ster333 > 2020-05-09 20:12 | Report Abuse

hahah this counter can buy?

pfsurewin

223 posts

Posted by pfsurewin > 2020-05-09 20:55 | Report Abuse

wow it will be blessing if can touch rm20 again...can clear so many old stocks...

Posted by oldchinaman > 2020-05-09 23:05 | Report Abuse

Good luck every one, if touch rm 20. my c12 can make 5.5m. and i have c13 2m @ 1c worth 3.5m

Posted by oldchinaman > 2020-05-09 23:28 | Report Abuse

Hi guys, can consider POS MALAYSIA BHD 4634 1) postage rate hike 100+% for commercial w.e.f 1.2.20( +300m revenue annualy ) 2) POS LAJU courier from 350,000 to 7 - 800,000 parcels per day,( + 350m revenue p.year ) 3). petrol from rm 2.08 to 1.25 p. litre (save 40m p.year ) 4. bank BR 2% ( save 10m p.y) 5) share price Rm 5.50 on 1.aug 17 to rm 1.01 today.

Mabel

23,564 posts

Posted by Mabel > 2020-05-10 06:16 | Report Abuse

oldchinaman is a smart guy...

I always adore smart man

Meow

pfsurewin

223 posts

Posted by pfsurewin > 2020-05-10 07:31 | Report Abuse

wow this bull makes a lot of people millionaire, cheers ...

i3 newbie

159 posts

Posted by i3 newbie > 2020-05-10 11:14 | Report Abuse

newbie also wish to be smart, guess newbie need to survive few times tsunami hehe ...

joyvest

10,190 posts

Posted by joyvest > 2020-05-11 13:19 | Report Abuse

newbie still wears diaper when trading....

Posted by leslieroycarter > 2020-05-11 13:33 | Report Abuse

This counter once going up to RM 20 n down to RM 2 , if u r not scared of its lethal side kick , u can always indulge in this counter n seeing yourself in no one's land .

Posted by oldchinaman > 2020-05-11 14:42 | Report Abuse

quarter’s losses were however cushioned by inventory hedging gains of USD2.16/bbl. Gains on settlement of hedges of RM80.2 million were accounted for within Gross Profit ( please refer to annual report 2018 pg 36.)

This year's brent crude oil price fluctuated alot. Hengyuan's bosses are chinese and usually all the china man are very good in hedging, so hopefully can make alot from this.

GOOD LUCK EVERYONE! CHEERS!

mf

28,412 posts

Posted by mf > 2020-05-11 14:42 | Report Abuse

European markets head for positive open as more lockdown restrictions are lifted

willc48

718 posts

Posted by willc48 > 2020-05-11 16:10 | Report Abuse

invest in chinese owned companies better than umno-linked. global crude oil is raising again after covid19 slowdown. Good days of average RM5.25-5.50 should be no problem

BATFLY

722 posts

Posted by BATFLY > 2020-05-11 16:15 | Report Abuse

Not sure if hengyuan is having cheap oil or stll the high price oil reserve as demand for oil is still low due to lockdown.

ATARAH

4,026 posts

Posted by ATARAH > 2020-05-12 07:00 | Report Abuse

World country economy to slowly open up lockdown ...if lockdown...further exceed 2 to 3 months ...a lot of company will go bankrupt
And after lockdown....many unemployed ..
Many government realised that ..so they practise
social distancing..and new normal after slowly open up economy ..first industry to recovers..slowly ...Oil Industry ...
.

ATARAH

4,026 posts

Posted by ATARAH > 2020-05-12 07:09 | Report Abuse

Fair value of shares...minimum rm15.00
Total numbers of shares..300 millions only
But Pe is 33.3..
Trade with care ..potential is there.
Hengyuan c13 ...what do all think . Can buy ?
Expired 07.08.20 3 months..can still buy ?

i3 newbie

159 posts

Posted by i3 newbie > 2020-05-12 09:02 | Report Abuse

@joyvest
newbie wear diaper you want buy some hehe...

@ATARAH
cw high risk high return, newbie dare not comment ma..

ATARAH

4,026 posts

Posted by ATARAH > 2020-05-12 13:59 | Report Abuse

Yes stick to mother share always. .
Safer agreed.

Markv572421

3,308 posts

Posted by Markv572421 > 2020-05-12 16:01 | Report Abuse

Heng Yuan better or not ?

i3 newbie

159 posts

Posted by i3 newbie > 2020-05-12 16:21 | Report Abuse

Roller coaster feel today. Up down like this trend is trying to shake out retail trader izit hehe

i3 newbie

159 posts

Posted by i3 newbie > 2020-05-12 16:44 | Report Abuse

4.22 support level cant break adui ...

ATARAH

4,026 posts

Posted by ATARAH > 2020-05-12 17:35 | Report Abuse

Will break soon no worry..
Tomorrow green again.
Saudi agreed to more cut in June.

mf

28,412 posts

Posted by mf > 2020-05-12 17:36 | Report Abuse

China announces new tariff waivers for some US imports

i3 newbie

159 posts

Posted by i3 newbie > 2020-05-12 18:25 | Report Abuse

@ATARAH
you in the boat already? hehe ...

ATARAH

4,026 posts

Posted by ATARAH > 2020-05-12 21:00 | Report Abuse

Yes I am in c13..just join at 0.04 cent
Came a bit late but ok.

ATARAH

4,026 posts

Posted by ATARAH > 2020-05-12 21:23 | Report Abuse

China and USA desperate to start economy as both practise ..relax MCO...public has learned social distancing and new normal.
Life go on ..business slowly reopen.
Oil usage will start slowly ..oil demand will slowly increase...starting with China ..billions people going back to work ..slowly ...need to travel ..vehicle on road..factory ..later ship.
Last only plane..within 2 months all unused oil surplus gone ...and the same time oil cut ..
Where the oil price will go..Russia and OPEC +
Need price higher ..and higher ..for price to go up to 40...just need a few days as we see before
Recovery is very quickly...only now we practise new normal...





















.

i3 newbie

159 posts

Posted by i3 newbie > 2020-05-12 23:11 | Report Abuse

@ATARAH
wow high risk high return hehe ... whats your TP?

ATARAH

4,026 posts

Posted by ATARAH > 2020-05-13 04:14 | Report Abuse

C13 expired in roughly 3 months..I have 3 months..I wait HY mother pass RM5.20
Then I decide further to hold warrant or sell warrants..I also monitor oil news ..not oil price

Rakuten88

170 posts

Posted by Rakuten88 > 2020-05-13 11:17 | Report Abuse

Damn today red

Markv572421

3,308 posts

Posted by Markv572421 > 2020-05-13 12:27 | Report Abuse

Something wrong ...i thought HY is ok all this while .......

i3 newbie

159 posts

Posted by i3 newbie > 2020-05-13 17:47 | Report Abuse

big player attempt to shake of retail traders? hehe

abc333

1,523 posts

Posted by abc333 > 2020-05-13 19:12 | Report Abuse

the candle is ugly, but since IDSS was suspended. I choose to stay

i3 newbie

159 posts

Posted by i3 newbie > 2020-05-13 20:28 | Report Abuse

Scary day. Tomorrow up or down hehe

lmy059c

37 posts

Posted by lmy059c > 2020-05-13 23:52 | Report Abuse

The USA crude oil inventory for the last one week is DECREASING by 745,000 barrels. This is the first weekly decrease since January this year. Hope the worst is over !!!!

i3 newbie

159 posts

Posted by i3 newbie > 2020-05-14 09:02 | Report Abuse

open low, think today red show hehe ...

ATARAH

4,026 posts

Posted by ATARAH > 2020-05-14 10:38 | Report Abuse

Patience...most country workforce is going back to work...Sin Chew I think said Malaysia
Workforce going back to work
...said I thing ...650,000 workforce go back to work...vehicle and public transport will be back on road..All start filling up petrol..
Wait one week .HY should fly.
Someone said can go back RM20.
Hope so ..

mf

28,412 posts

Posted by mf > 2020-05-14 10:38 | Report Abuse

sell

i3 newbie

159 posts

Posted by i3 newbie > 2020-05-14 10:39 | Report Abuse

@ATARAH your C13 have time limit ma ..
oldchinaman C12 also time limit soon ..

ATARAH

4,026 posts

Posted by ATARAH > 2020-05-14 10:41 | Report Abuse

So the so call oil surplus dont know where to store now filled up on workforce vehicle around the work..one week from now they filled again
And more country open up RELAX MCO ..
Yes they can go back to work now .
Business and office open already .

ATARAH

4,026 posts

Posted by ATARAH > 2020-05-14 10:43 | Report Abuse

HY can start smile again

ATARAH

4,026 posts

Posted by ATARAH > 2020-05-14 10:48 | Report Abuse

He he he take some small risk ok lah..still
Have about 10 weeks .c13..
By that time the workforce around the world will filled thier vehicle petrol ..5 to 6 times ..
Then the world will said oil short supply .
Oil price shoot up ..
He he he
Small qty only for pocket money

ATARAH

4,026 posts

Posted by ATARAH > 2020-05-14 10:57 | Report Abuse

Workforce around the world I think close one eye
Say one billion force ..every go office or plant
Every go and come ..vehicle on road say only
100 millions car every 10 days filled petrol .
Ahh where is the calculator..what the usage of petrol by then ..still got surplus and storage issue ? Where is my calculator..
That only workforce ...not include uncle and aunty ..go shopping ..easy easy ..take time
Our world going back to NEW NORMAL.

ATARAH

4,026 posts

Posted by ATARAH > 2020-05-14 11:01 | Report Abuse

Uncle and aunty no use bicycle to shopping
Use vehicle...use GRAB..use petrol

i3 newbie

159 posts

Posted by i3 newbie > 2020-05-14 14:26 | Report Abuse

@ATARAH
Good to be optimist hehe..
newbie heard people say, be greed when other fear hehe..

dickson2u

230 posts

Posted by dickson2u > 2020-05-14 20:46 | Report Abuse

New here.....got buy dayang but always heard people talk hengyuan in dayang post so come here look into this.

Anyone can tell me why hengyuan from 19 drop until now.Appreciate that

i3 newbie

159 posts

Posted by i3 newbie > 2020-05-15 10:23 | Report Abuse

two days same pattern, morning hike afternoon drop

lmy059c

37 posts

Posted by lmy059c > 2020-05-15 10:41 | Report Abuse

Green already ! Correction over ??

Posted by Melvin Chang > 2020-05-15 14:43 | Report Abuse

tp20

ATARAH

4,026 posts

Posted by ATARAH > 2020-05-15 15:11 | Report Abuse

Oil price up..
More usa state open up slowly .

ATARAH

4,026 posts

Posted by ATARAH > 2020-05-15 15:11 | Report Abuse

Will will see rm4.20 Rm 4.50 ..comimg

ATARAH

4,026 posts

Posted by ATARAH > 2020-05-15 15:23 | Report Abuse

Once fired up it will run very fast as it only have 300,000 shares..easy to go up ..Rm 4.50 can also if the oil theme is back today

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