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

Sslee

5,608 posts

Posted by Sslee > 2020-06-09 17:13 | Report Abuse

Haha just wait and see the q1 result for yourself

Posted by Happy_lucky > 2020-06-09 19:49 | Report Abuse

Tmr will continue up and will be limit up soon.
Sslee why no go petronm forum??? Because no one trust you... Sad..

ATARAH

4,026 posts

Posted by ATARAH > 2020-06-10 09:26 | Report Abuse

Oil price rises as production curbs offset renewed demand fear

ENERGY

Wednesday, 10 Jun 2020

6:51 AM MYT

ATARAH

4,026 posts

Posted by ATARAH > 2020-06-10 10:07 | Report Abuse

HY on the way to RM4.20

Sslee

5,608 posts

Posted by Sslee > 2020-06-10 10:46 | Report Abuse

Petronm Q1 incur PBT -113.086 million. So how much PBT HRC will incur in Q1?

Posted by birkincollector > 2020-06-10 11:59 | Report Abuse

no more ceiling price for petrol and diesel

Posted by Happy_lucky > 2020-06-10 13:35 | Report Abuse

hold tight yesterday got 500000++ volume buy at range RM3.98 -4.02. got someone buy 236800 unit at RM4.010. QR AND GOOD NEWS COMING SOON. READY FOR LIMIT UP.

Posted by bananachacha > 2020-06-10 14:36 | Report Abuse

waiting for it to fly high..

ATARAH

4,026 posts

Posted by ATARAH > 2020-06-10 15:20 | Report Abuse

Agreed with Happy ..very happy holding this counter.

ATARAH

4,026 posts

Posted by ATARAH > 2020-06-10 15:25 | Report Abuse

Oil price correction only temporary ..profit taking
It will correct itself to USD45.00..
As MORE LOCKDOWN EAST ..ECONOMY OPEN UP ...the effect will be felt after 2 weeks ..
As millions of car around the world start pumping up ..thier vehicle.

Very soon ...all those over supply dont know where to go will go to the millions of vehicle
Then in 3 weeks time..no enought supply
Short of supply....

ATARAH

4,026 posts

Posted by ATARAH > 2020-06-10 15:35 | Report Abuse

The write up will be the same ..when oil price up
Then synchronize...write up..OVERSUPPLY WARNING ...then when oil price go down..
The supply being DRAWN...as write up.
Same pattern..in between all connected trader
Laught to the bank ..up down up down the profit ..
But one fact cannot change
As economy open up ..city on RELAX MOC
People travel..the draw down on surplus is the correct one ..oil price will eventually find it price
UPPPP.

ATARAH

4,026 posts

Posted by ATARAH > 2020-06-10 15:37 | Report Abuse

HY will limit up soon

Posted by Happy_lucky > 2020-06-10 16:07 | Report Abuse

this counter still undervalue. when volume come in or kyy join sure meletup.

ATARAH

4,026 posts

Posted by ATARAH > 2020-06-10 16:26 | Report Abuse

Happy...agreed with you..

Posted by Heavenexile > 2020-06-10 16:38 | Report Abuse

guys correct me if I am wrong. I understand that HengYuan is a refinery, which derives its profit from cracking crude oil. Meaning apart from look at the price of crude soley, one must also observe the prices of the end product of the cracking process. In short, its profitability is dependent upon crack spread, the wider the spread, the higher its profit.

The bull run back in 2017 is due to the widening of crack spread, and its not due to increasing price of crude oil.

The outlook of refiners are not too hot at the moment:
https://www.cnbc.com/2020/06/08/oil-price-rally-and-saudi-price-spikes-could-hurt-refiners-market-recovery.html

ATARAH

4,026 posts

Posted by ATARAH > 2020-06-11 10:59 | Report Abuse

Brent oil seem to find support at USD 40.23
HY hold steady .
In case Brent oil spike again to USD43.00
HY will pass RM4.20 soon

ATARAH

4,026 posts

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

Reminder HY shares on 300 millions only
Easily spike up

Posted by lininvesterk > 2020-06-11 21:40 | Report Abuse

how come haven't release QR? i dint see any extension announcement in Bursa

i3 newbie

159 posts

Posted by i3 newbie > 2020-06-12 08:55 | Report Abuse

yesterday Dow bear jump out from window hehe ...

Posted by bananachacha > 2020-06-12 09:14 | Report Abuse

red sea today.. time to collect again

ATARAH

4,026 posts

Posted by ATARAH > 2020-06-16 07:07 | Report Abuse

Will Bursa Red sea turn green sea ?
Can HY price up or not ?
How is BRENT OIL price closing today ?
Did the price go down below USD38.00 to breach USD 37.00 as it should be because of Coro Wave 2..
What is BRENT OIL price closing today ?Anyone can check?

123eztrade

642 posts

Posted by 123eztrade > 2020-06-16 07:14 | Report Abuse

Dow closed up 157 pts, big swing from earlier futures loss of 1000 pts

ATARAH

4,026 posts

Posted by ATARAH > 2020-06-16 15:57 | Report Abuse

Brent oil touching usd 40.00 now

ATARAH

4,026 posts

Posted by ATARAH > 2020-06-16 16:15 | Report Abuse

As Brent oil price continue uptrend..
HY will head back to RM 4.00
What will be the closing today

ATARAH

4,026 posts

Posted by ATARAH > 2020-06-16 16:30 | Report Abuse

Live reporting brent oil usd 40.16..

ATARAH

4,026 posts

Posted by ATARAH > 2020-06-16 16:35 | Report Abuse

brent USD 40.30

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2020-06-16 17:28 | Report Abuse

LOUSY HENGYUAN LOUSY RESULT

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2020-06-16 17:30 | Report Abuse

TOMORROW LIMIT DOWN, HUAT AH

Posted by Coffin Dance > 2020-06-16 17:35 | Report Abuse

hahahahahaha!!! laugh die me....amen.....safe journey along Yellow River

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2020-06-16 17:37 | Report Abuse

Happy_lucky must be stuck at hengyuan call warrant so keep buy called hengyuan call warrant everywhere, hahahahahahahah

mf

28,412 posts

Posted by mf > 2020-06-16 17:38 |

Post removed.Why?

Posted by shareinvestor88 > 2020-06-16 17:39 | Report Abuse

QTR OUT RESULTS GOOD LIMIT UP OR DOWN ?

Posted by Coffin Dance > 2020-06-16 17:39 | Report Abuse

coffin warrants with so high gearing also play ? mati kudasai, kekekekekke

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2020-06-16 17:39 | Report Abuse

PE from 31 become -9.81, laugh die me

lancefire

443 posts

Posted by lancefire > 2020-06-16 17:47 | Report Abuse

Whoa...the qr....

Posted by Stock Wizard ( no sell no loss ) > 2020-06-16 17:48 | Report Abuse

fantasy result ,hengyuan just being hengyuan

Posted by Coffin Dance > 2020-06-16 17:49 | Report Abuse

modern generation no more sing auld lang syne

We listen to astronomia https://www.youtube.com/watch?v=jl9xKw_xEas

kikikikikikiki

hotmission

249 posts

Posted by hotmission > 2020-06-16 18:06 | Report Abuse

HUAT AH!

Jokers2020

2,006 posts

Posted by Jokers2020 > 2020-06-16 18:21 | Report Abuse

blood bath tomolo..get ready collect low

Posted by Coffin Dance > 2020-06-16 18:23 | Report Abuse

collect low? later money to buy coffin also lose

Sslee

5,608 posts

Posted by Sslee > 2020-06-16 18:48 | Report Abuse

You can forget about investing inHengyuan. Hengyuan is now full of hedge like a commodities trader.

ivanlau

1,361 posts

Posted by ivanlau > 2020-06-16 18:49 | Report Abuse

frankly speaking, the fair price of this stock just around 2.80 ..........

Sslee

5,608 posts

Posted by Sslee > 2020-06-16 18:55 | Report Abuse

With thin refining margin and big borrowing in USD. Can Hengyuan survive?

Depeche

4,451 posts

Posted by Depeche > 2020-06-16 19:23 | Report Abuse

With this kind of result...should be below 3 again... next QR could be worse.

Jokers2020

2,006 posts

Posted by Jokers2020 > 2020-06-16 20:36 | Report Abuse

if can get 2.50 will be good..will try queue buy at 2.50

Posted by shareinvestor88 > 2020-06-16 20:46 | Report Abuse

Guys limit up or down

Goodprofit

1,022 posts

Posted by Goodprofit > 2020-06-16 21:00 | Report Abuse

WTI already spiked

Goodprofit

1,022 posts

Posted by Goodprofit > 2020-06-16 21:00 | Report Abuse

opening tomorrow 4.00

speakup

26,303 posts

Posted by speakup > 2020-06-16 21:01 | Report Abuse

bad results! besok limit down

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