Posted by ATARAH > 2020-06-02 04:55 | Report Abuse

Oil theme is next ...
HY SERB HIBISCUS ..

Posted by ATARAH > 2020-06-02 04:56 | Report Abuse

HY share is only 300,000 easily limit up.

Posted by ATARAH > 2020-06-02 07:43 | Report Abuse

Chinese Hedge Funds Are Betting Big On An Oil Price RecoveryBy Tsvetana Paraskova - May 25, 2020, 11:00 AM CDT

Posted by ATARAH > 2020-06-02 07:49 | Report Abuse

We follow Chinese Hedge Fund
HY major share owners is Chinese state government ?
Shandong Hengyuan Petrochemical Company Limited 51.02%
Will HY share pass RM 4.20 then RM5.20 ?
Then fly ...as oil price continue to RAISE non stop or UNSTOPABLE ?
World city is opening up ..people start travelling
...

Posted by Happy_lucky > 2020-06-02 08:55 | Report Abuse

After opec meeting deal maybe will jumps to RM5 and above.

Posted by Ekkram > 2020-06-02 09:18 | Report Abuse

still no 1st qtr report?

Posted by Happy_lucky > 2020-06-02 11:24 | Report Abuse

trend will coming soon since the gloves and health care counter going to burst. now is good time to join ., when opec meeting deal + volume coming TP RM8 can.

Posted by ATARAH > 2020-06-02 14:29 | Report Abuse

Oil Is Back In The Spotlight

FxPro Financial Services Ltd  | Jun 01, 2020 05:36AM ET

Posted by ATARAH > 2020-06-02 14:30 | Report Abuse

HY will continue to UPTREND

Posted by ATARAH > 2020-06-02 14:31 | Report Abuse

Oil theme is coming ...HY will be top gainer soon

Posted by Happy_lucky > 2020-06-02 15:10 | Report Abuse

oil price break new high again, hope tight.

Posted by Happy_lucky > 2020-06-02 16:27 | Report Abuse

today maybe can closed at RM4

Posted by Azaari > 2020-06-02 16:42 | Report Abuse

Go hengyuan..

Posted by Happy_lucky > 2020-06-02 17:01 | Report Abuse

tmr continue show . c12 and c13 also can in now

Posted by DJThong > 2020-06-02 20:44 | Report Abuse

Waiting for quarter end. Late. Not a strong board

Posted by mf > 2020-06-03 02:38 |

Post removed.Why?

Posted by ATARAH > 2020-06-03 06:56 | Report Abuse

BRENT Oil price open usd 38.38 AND closed usd 39.56 Fantastic...
HY will resume up ..pass rm 4.00..closed
Surpass rm 4.oo and above..

Posted by mf > 2020-06-03 07:00 |

Post removed.Why?

Posted by Happy_lucky > 2020-06-03 07:53 | Report Abuse

all gloves counter burst, oil price break new high, opec meeting deal,maybe this counter will limit up as fast as possible.

Posted by Happy_lucky > 2020-06-03 08:46 | Report Abuse

brent oil alrdy break 40. hope tight ready to fly .

Posted by ATARAH > 2020-06-03 09:12 | Report Abuse

Yes ...yeah broke now USD 40.33 today only wed
HY limit up soon ..

Posted by Happy_lucky > 2020-06-03 09:32 | Report Abuse

next supermx , maybe can go to RM8 and above , waiting the volume

Posted by makubo > 2020-06-03 09:56 | Report Abuse

come hengyuan ALAM. ALAM is the best company among all the o n g campany, good management team, good fundamental. petronas cut expenses will no effect and oil price is going to break new high, when opec meeting deal, will fly to moon. history will come back.The price will up very fast due next supermx is incoming .

Posted by ATARAH > 2020-06-03 10:58 | Report Abuse

Healthy profit taking ..
It will bounce back

Posted by peggylian > 2020-06-03 13:11 | Report Abuse

Bouncing off the Fibonacci of 0.618. Will rebound soon.

Posted by abc333 > 2020-06-03 13:50 | Report Abuse

TP4.5 If brent sustain above 40

Posted by ATARAH > 2020-06-03 13:59 | Report Abuse

Excellent ..TP 4.50 ..is a yes ..
Anytime can gap up ..there will at least be one limit up on HY if brent sustain above 40
Agreed with abc333

Posted by ATARAH > 2020-06-03 14:00 | Report Abuse

After 2.30 PM all oil counters resume up
After healthy profit taking

Posted by mf > 2020-06-03 14:02 | Report Abuse

U.S. Oil Drillers Restart Production As Prices Recover

With demand coming back and oil prices going up, shale drillers are beginning to bring back shuttered oil production

Posted by ATARAH > 2020-06-03 14:15 | Report Abuse

Backup of tankers demonstrates China’s recovering oil demand

By SERENE CHEONG AND ANN KOH on 6/1/2020

SINGAPORE (Bloomberg) - Queues of tankers have formed off China’s busiest oil ports as the vessels wait to offload crude for refineries that are quickly ramping up production amid a rapid rebound in fuel demand.

HY refinary right ?
51 % own by Chinese state government
Company ..they will ..SHARE BUY BACK ?

RM 8.00 is nothing if they start buy back

Posted by ATARAH > 2020-06-03 14:16 | Report Abuse

Limit up anytime now

Posted by ATARAH > 2020-06-03 14:30 | Report Abuse

...A RAPID REBOUND IN FUEL DEMAND..

Posted by Happy_lucky > 2020-06-03 14:38 | Report Abuse

when share buy back sure can reach RM8 just waiting

Posted by Sslee > 2020-06-03 14:46 | Report Abuse

Q1 will be lose quarter on Stocks losses and Q2 most likely another lose quarter as crack spread is negative.
https://www.tradingview.com/symbols/NYMEX-D1N1%21/

Posted by ATARAH > 2020-06-03 15:01 | Report Abuse

Welcome Sir SSLEE
Agreed ...but after that qtr will rise again in profit.

SIR SSLEE..where is HENGYUAN shares will be in this week and next week.

We loves to learns from you.
I have read your comments ..it is interesting
And Good.

Posted by Sslee > 2020-06-03 16:10 | Report Abuse

Dear ATARAH,
With Q1 result coming out this month tell me where will HRC shares price will be?
If with another poor Q2 result on end of Aug where will HRC shares price will be?
On the longer term after end of 10 years POA expired in 2026 where HRC going to sell their products?

HRC produce the following products from Crude oil:
5% - LPG
2% - Propylene
2% - Light Naphtha
31% - Gasoline
7% - Avation Fuel
45% - Diesel
8% - Fuel Oil Component

HRC servicing the domestic market, mainly through 10-year Product Off take Agreement (POA) with Shell Malaysia Trading Sdn Bhd for gasoline, diesel and aviation fuel, and Shell Timur Sdn Bhd for refined petroleum products. This POA commenced in 2016.

Posted by ATARAH > 2020-06-03 16:26 | Report Abuse

Cool Sir Sslee

Posted by ATARAH > 2020-06-03 16:33 | Report Abuse

Sir Sslee
What about the oil price ...will it go higher or lower or cap at usd 40.00

Posted by peggylian > 2020-06-03 16:39 | Report Abuse

aren't lower oil price is more beneficial to heng yuan?? as they are refininer, lower cost meaning higher net profit?? Guys, pls enlighten me...

Posted by Sslee > 2020-06-03 16:52 | Report Abuse

Dear Peggylian,
HRC only earn refining margin (Crack spread).
And taking risks of either stocks gain/lose as their operation required about 1-1.5 months of stocks. They mitigate these risks by hedging against Crude oil, refining margin and USD to MYR exchange rate.

Posted by ATARAH > 2020-06-04 07:07 | Report Abuse

Oil Market Healing As Demand Recovers, Risks Remain

Phil Flynn  | Jun 03, 2020 10:00AM ET

 View all comments (1)

The country looks broken, the oil market is healing. A potential extension of the OPEC plus production cuts, as well as recovering oil demand, sent Brent crude back above $40.00 for the first time since the Russia/Saudi Arabia production war broke out. Bloomberg reports, "A meeting 

Now oil price profit taking...will continue uptrend...oil price up HY up...
Petron ..lost making also run up yesterday..
This is OIL THEME ..
DONT misd oil counter .
SERB ..HIB..HENG YUAN....

HENG YUAN only 300,000 shares .
Big shareholders is company own by Chinese government GLC company ..STATE OWN.

If price continue to rise..
Share buy back us very possible...
Will pass RM 4.20 soon ...RM 4.50 ..RM6.00
And RM 8.00

As oil heading to USD 41 USD 50 USD 60
USD 70 ...by one or two months..as more people travel.

Happy and prosperous trading

Posted by Sslee > 2020-06-04 08:44 | Report Abuse

Petronm is better choice than HRC.
Petronm have better balance sheet, dividend given and have petrol station to sell their products (Retail income)

Posted by Happy_lucky > 2020-06-04 09:33 | Report Abuse

sslee hengyuan no sell their products to retailer ? hengyuan no balance sheet? which company is more better is depend on management team and company policy.

Posted by peggylian > 2020-06-04 11:09 | Report Abuse

@sslee thanks for the explaination.

Posted by Sslee > 2020-06-04 12:16 | Report Abuse

Petronm management team is better. HRC CFO and CEO resigned are the red flag. As china owner you just need to look into the red chip companies in Malaysia.

Posted by lmy059c > 2020-06-04 13:23 | Report Abuse

What red flag? The ex CEO resigned at the end of his contract......You think everyone wants to work until 95 yrs old, meh ???

Posted by Sslee > 2020-06-04 14:09 | Report Abuse

@Imy059c,
Thank you for pointing out CEO contract was not renew at the end of his contract.
I think only Tun M wants to work until 95 yrs old.

Posted by Happy_lucky > 2020-06-04 14:28 | Report Abuse

lmy059c hahaha , sslee is super supporter of petronm la , he dont know how hengyuan to operate and never read the annual report of hengyuan. Later when hengyuan share price up to RM6 and above he will say this is a trap and quickly sell and buy petronm. A company can make profit or not is not only depend on how the company to generate the revenue , but the most important thing is how the company to control the expenese in which the revenue always greater than cost of expenses. Previous qr may suffer loss just due to refinery's. scheduled upgrade and also hengyuan company use the money to invest in four major projects which are Euro 4M MOGAS,Euro 5 GAasoil,H2GEN and Clean Air Regulation (CAR). And now, most of the projects alrdy completed. That's why hengyuan rarely paid dividends for shareholders as it is more focusing on the future of company. Try asking u, u wanna invest in a company which always paid u the dividends but with no future or u wanna invest a company which can achieve sustainable goals in the future?

Posted by Sslee > 2020-06-04 18:47 | Report Abuse

Dear Happy_lucky,
You can read below blog to judge whether I read HRC annual report.
https://klse.i3investor.com/blogs/Sslee_blog/2019-07-09-story214178-The_important_of_asking_probing_questions_during_AGM.jsp

https://klse.i3investor.com/blogs/Sslee_blog/2019-06-03-story209214-Hengyuan_60th_AGM_Board_Q_A_presentation_on_my_questions.jsp

Posted by ATARAH > 2020-06-05 05:30 | Report Abuse

Believe it or not ..Brent oil price recovers..and going To new height?...highest brent oil price this month Is USD 40.53..
Will it pecan record ?

We shall see..

RM 6.00 boleh ...BOLEH...

China busy buying oil..before shoot up
...quickly refine it as demand pick up...

Annual report is good and guide..us.
But financial report figure can change ..
Always changing..as company like Heng Yuan
Control cost ..and plan and reorganize..
Share only 300,000 ..easily push up with China state company ..fund ..

Anyway team...

Dont follow us blindly ..do own forensic research on Heng Yuan....especially THE FUTURE OF OIL PRICE RISE ...AND FUTURE OF HENG YUAN PRICE RISE.

when invested in HY ..you want the price to go up...

Happy and prosperous trading ..

SSlee..with due respect .
Please advise...where the price of oil will be heading? ..up..break new record or down ..
Very down..this month ...

Not next 3 months..but just this month.
Loves to hear from you.
Thanks SSlee.