Posted by ATARAH > 2020-06-05 05:33 | Report Abuse

**Share only 300 millions ..will oil pecah record?***

Posted by Philip ( buy what you understand) > 2020-06-05 07:21 | Report Abuse

Dear Sslee,

Did you not buy a lot of hengyuan in 2017 punting on crack spread together with KYY? What made you change your mind?

>>>>>>>>

Posted by Sslee > Jun 4, 2020 8:44 AM | 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 Ekkram > 2020-06-05 09:14 | Report Abuse

Anybody know when Q1 report will release?

Posted by ATARAH > 2020-06-05 10:51 | Report Abuse

Do you know Brent Crude Oil just pass USD 40.00 again and rising up ?

Posted by Sslee > 2020-06-05 10:55 | Report Abuse

Dear Philip,
I change my mind when the monitory crack spread compare to their product selling price minus purchased equal to gross profit did not tally with published average products selling price minus standard Brent crude price. Or in other words either someone mark up the purchased or the purchasers are stupid to pay premium price for the crude.
And their Capex for H2 generation plant is way above what I bought from Mahler.
http://hengyuanrefining.listedcompany.com/misc/Minutes-HRC_60th_AGM.pdf

Posted by Happy_lucky > 2020-06-05 11:01 | Report Abuse

oil price will continue and history at year 2017 will come again.
ttps://twitter.com/NWSHouston

Posted by ATARAH > 2020-06-05 11:23 | Report Abuse

Sslee
Join us ..with KYY
before HY fly.

Join us

Posted by Mabel > 2020-06-05 11:26 | Report Abuse

Today my Maybank Platform is back on track

Since I have collected enough Serbadk and Dayang

This week I have also collected 5 batches of HengYuan

What motivate me to top up HengYuan?

1. It used to a Shell Refinery
2. HengYuan only has 300,000 shares. So who ever owned it are collecting gems
3. Big shareholders is company own by Chinese Government GLC company ..STATE OWN.

So, I'm giving 5 Meow for each 10 lots...

Meow Meow Meow Meow Meow

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

kyy is ready to join again. now someone keep press down the price to collect more ticket. afternoon session or next week sure fly very high . be patient.

Posted by i3 newbie > 2020-06-05 12:39 | Report Abuse

@Mabel
dont play play hehe

NOSH: 300 Million
300M shares outstanding is 300,000,000 units shares.

in old term (1 lot = 1000 shares) = 300,000 lots
in current KLSE (1 lot = 100 shares) = 3,000,000 lots on the market.

Avg Volume (4 weeks): 1,707,988 (current KLSE trading 100 unit = 1 lots)
= 56.9% of total NOSH

https://klse.i3investor.com/servlets/staticfile/388378.jsp

top 30 shareholders accounted for 205,528,197 or 68.509%
directors & CEO dont have shares

Posted by ATARAH > 2020-06-05 12:59 | Report Abuse

Shandong Hengyuan Petrochemical Company Limited with 51% of shares outstanding. This implies that they have majority interest control of the future of the company. The second and third largest shareholders are Kam Loong Mining Sdn Bhd and Permodalan Nasional Berhad, each holding around 1.9% of the shares outstanding.

Posted by ATARAH > 2020-06-05 13:04 | Report Abuse

Established in 1970, Shandong Hengyuan Petrochemical Company Limited (SHPC) is a state-owned enterprise based in Linyi County, Shandong Province, China.

SHPC develops, produces, processes, and markets diesel oil, liquefied gas, propylene, propane, polypropylene, tert-butyl alcohol, oil slurry, asphalt, tert-pentene, ethybenzene, and other petroleum related products.

SPHC is one of the Top 100 Leading Enterprises in Shandong and one of the Top 500 Chinese Chemical Enterprises, achieving multiple accolades over the years. Its Chairman and General Manager, Wang Youde, was also named ‘One of Ten Outstanding Entrepreneurs in Shandong Province’ and received the ‘Outstanding People Award of National Advancements in Productivity’, amongst many other awards.

Shandong Hengyuan Group’s first Oil & Gas Investment in Malaysia.

SHPGC is the ultimate controlling shareholder of SHPC, which in turn is the indirect parent company of Malaysia Hengyuan International Limited (MHIL), the majority shareholder of Hengyuan Refining Company Berhad (HRC).

Posted by ATARAH > 2020-06-05 13:09 | Report Abuse

State owned company ..
Anytime ...want or can push up.

Who is next CEO ..wait for STATE OWNED company decision ..

What is brent oil price now?

Usd 40.25 ....still going up ?

Posted by Happy_lucky > 2020-06-05 13:19 | Report Abuse

They will push the price up to very high, just need waiting. Why this time announce proposal share buy back? Sure they want keep more share from open market and suddenly fly high and high. Be patient.

Posted by ATARAH > 2020-06-05 13:24 | Report Abuse

Ahh yes...forget about sharebuy back ..
300 millions shares ..so easy for .
Peanut .

Posted by peggylian > 2020-06-05 13:29 | Report Abuse

If increase of oil price will benefit heng yuan, why do we see this back in year 2018???

“Hengyuan shares down 12% as oil prices climb | The Edge Markets“

Posted by ATARAH > 2020-06-05 13:54 | Report Abuse

Impact of rising oil prices

ENERGY

Friday, 27 Dec 2019

By GANESHWARAN KANA

Govt and oil producers benefit, but the people will be burdened by more ... Impact of rising oil prices. Energy. Friday, 27 Dec 2019.

Who is oil producers company in KLSE
Heng Yuan
HIBISCUS
Petron
Reach

2019 Dec 2019 date better

Posted by ATARAH > 2020-06-05 14:06 | Report Abuse

Oklah enough posting ...going no where..
We just watch HY price

Up or down ?

Posted by Happy_lucky > 2020-06-05 14:11 | Report Abuse

ttps://twitter.com/NWSHouston
go read the news inside here you will know why oil price and refining company will benefit in future.

Posted by Mabel > 2020-06-05 14:24 | Report Abuse

@i3 newbie @Mabel
dont play play hehe

Hahaha I just want to see if everyone is kicking here..

Yes NOSH is 300 millions..

Happy to be one of the proud shareholders.

Very good comments from the team..

HengYuan has always been a very good company to me..

Meow Meow Meow

Posted by peggylian > 2020-06-05 14:56 | Report Abuse

Hi Ataran, wil read their annual report later.

Posted by ATARAH > 2020-06-05 15:25 | Report Abuse

Ok

Posted by ATARAH > 2020-06-05 15:43 | Report Abuse

Yess BRENT now is USD40.72 .
broke new high at USD 40.53
HY will fly soon

Posted by i3 newbie > 2020-06-05 16:20 | Report Abuse

@ATARAH wow you also HY hehe...

Posted by Happy_lucky > 2020-06-05 16:26 | Report Abuse

So many want collect cheap ticket, but next Tuesday sure fly very high.

Posted by Sslee > 2020-06-05 16:37 | Report Abuse

haha,
If want to collect cheap cheap ticket wait for the big red Q1 result.

Posted by Happy_lucky > 2020-06-05 16:42 | Report Abuse

Qr sure better than petronm ,don't worry. Take your dividend from petronm until you wake up.

Posted by i3 newbie > 2020-06-05 16:57 | Report Abuse

this week end show hehe ..

Posted by ATARAH > 2020-06-05 17:14 | Report Abuse

Sslee
No worry ..we wait for you to be on board.
Does not matter what price.

As long as we know ...oil price keep going up.

Posted by ATARAH > 2020-06-05 17:16 | Report Abuse

BRENT now USD 41.13..still growing
So USD 45.00 is possibility next Tue.

Posted by Sslee > 2020-06-05 17:19 | Report Abuse

HRC Inventories at 31/12/2019 is RM 1,491,087,000.
From Petronm report: Benchmark Dated Brent Crude fell by 52% from Dec 2019 average of USD 67 to USD 32 per barrel in March 2020.
Petronm inventories as at 31/3/2019: RM 524,419,000 as at 31/12/2019 RM 706,564,000

So Q1 how much HRC will write down the inventories as stocks losses?

Posted by i3 newbie > 2020-06-05 17:22 | Report Abuse

2019 AR:

Kenanga Nominees (Tempatan) Sdn Bhd
Pledged Securities Account for Goh Ching Mun 2,220,000 shares @ 0.740%

Oldtown boss in the boat hehe ...

Posted by Happy_lucky > 2020-06-05 18:03 | Report Abuse

Fuel price up again https://www.thestar.com.my/news/nation/2020/06/05/fuel-prices-june-6-12-up-across-the-board#.XtoVhwiMUoI.facebook

Posted by Goodprofit > 2020-06-05 20:40 | Report Abuse

WTI almost 40

Posted by Goodprofit > 2020-06-05 20:40 | Report Abuse

on tuesday sure 4.30

Posted by ATARAH > 2020-06-06 05:34 | Report Abuse

Why oil price recovery has further to run

in Oil & Companies News06/06/2020

Is oil demand recovering?

Yes. Demand has taken a brutal hit from coronavirus, falling an astonishing 21 million b/d year-on-year in April on our estimates. But we’re already into the early stages of recovery and the outlook is promising as China, the US and Europe emerge from lockdown. Gasoline demand is bouncing strongly

Posted by ATARAH > 2020-06-06 05:35 | Report Abuse

Early stage of recovery ...bouncing strongly.
Wonder what the BRENT CRUDE OIL PRICE?

Posted by ATARAH > 2020-06-06 08:47 | Report Abuse

Prices Could Hit $70 This FallBy Tsvetana Paraskova - Jun 05, 2020, 11:00 AM CDT

Posted by ATARAH > 2020-06-07 07:29 | Report Abuse

OPEC and allies agree to extend record oil production cut

PUBLISHED SAT, JUN 6 20209:17 AM EDTUPDATED 3 HOURS AGO

Pippa Stevens@PIPPASTEVENS13

Now HENGYUAN WILL FINALLY FLY
LIMIT UP ? TUESDAY

Posted by Goodprofit > 2020-06-08 07:02 | Report Abuse

Sure TP 5.00

Posted by ATARAH > 2020-06-08 11:19 | Report Abuse

Oil price up over 2% after OPEC+ extends output cuts to end-July

ENERGY

Monday, 08 Jun 2020

8:35 AM MYT

Brent crude climbed to as high as US$43.41 a barrel and was trading at $43.32 by 0000 GMT, up $1.02, or 2.4%. U.S. West Texas Intermediate (WTI) crude gained 83 cents, or 2.1%, to $40.38 a barrel. Both hit their highest since March 6.

Posted by ATARAH > 2020-06-08 11:20 | Report Abuse

Brent oil getting higher and higher .
Heng Yuan will breakout up soon.
Tomorrow we see 9.00 am

Posted by Goodprofit > 2020-06-08 14:11 | Report Abuse

TP 5.50

Posted by i3 newbie > 2020-06-08 23:17 | Report Abuse

NAPS Rm6.70
TP Rm5.50 selling at discount? hehe ...

Posted by arubaato > 2020-06-09 01:23 | Report Abuse

https://www.forbes.com/sites/christopherhelman/2020/06/08/bp-set-to-slash-10000-jobs-i-cant-make-your-worries-disappear-says-ceo/#2ea4fa8c53bc

Posted by i3 newbie > 2020-06-09 10:05 | Report Abuse

@arubaato cut expenses is good thing for business hehe
just bad thing for workers

Posted by Jack Khan > 2020-06-09 10:27 | Report Abuse

Refining company benefit from lower oil price no ?

Posted by Ekkram > 2020-06-09 10:54 | Report Abuse

Still no qtr report yet?

Posted by Sslee > 2020-06-09 11:00 | Report Abuse

Haha when the red red q1 result out you can see stampede at exit door.

Posted by i3 newbie > 2020-06-09 13:48 | Report Abuse

@Sslee you spreading fear hehe ...
so now is time to greed?