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

Posted by steveninvest > 2020-11-10 10:53 | Report Abuse

My sifu said Hengyuan stock is going to rise now. Buy signal come.

Posted by MillionMindset > 2020-11-10 11:03 | Report Abuse

wa, today rise alot..that mean big shark is in. Normally they collect at low price, soon will shot up..

lamching

119 posts

Posted by lamching > 2020-11-10 11:21 | Report Abuse

I think KYY is buying..

TakeProfits

1,229 posts

Posted by TakeProfits > 2020-11-10 14:42 | Report Abuse

Aoy, everybody....RELAX lar...you all scrambling like your chicken feathers being pulled out...haha..kimiki

Posted by protrader888 > 2020-11-10 15:27 | Report Abuse

World wide oil start climbing, that is why hengyuan is rising....

Posted by protrader888 > 2020-11-10 15:29 | Report Abuse

Kyy is purchasing diam diam...

Posted by MillionMindset > 2020-11-11 08:47 | Report Abuse

Oil price continue break the previous high yesterday, that mean again today will shoot up like yesterday. Cheers..

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

woohoo, rising continue...

Posted by protrader888 > 2020-11-11 09:59 | Report Abuse

Hengyuan will start moving up alot later..

khanchoon

11 posts

Posted by khanchoon > 2020-11-11 11:54 | Report Abuse

wonder where did FIVE petroleum buy the petrol from ?

Posted by steveninvest > 2020-11-11 15:15 | Report Abuse

Wow, Oil keep breaking previous high...buy hengyuan before it run.

Sslee

5,608 posts

Posted by Sslee > 2020-11-13 16:38 | Report Abuse

With negative refining margin can Hengyuan survive?

https://www.reuters.com/article/uk-shell-singapore/shell-to-cut-jobs-capacity-at-singapore-oil-refinery-its-largest-globally-idUKKBN27Q16H
Shell to cut jobs and capacity at major Singapore refinery

Posted by casualplay888 > 2020-11-13 17:15 | Report Abuse

SSlee sifu, in the article, it mentioned that :- "The company will cut 500 jobs by the end of 2023 at the site." Is this indicate that this type industry will not be good for another 3-4 years?

Sslee

5,608 posts

Posted by Sslee > 2020-11-13 17:58 | Report Abuse

https://www.tradingview.com/symbols/NYMEX-D1N1%21/

Negative margin with overcapacity

i3lurker

13,737 posts

Posted by i3lurker > 2020-11-14 07:41 | Report Abuse

price is too high to play for kfc

long term sure die due to transition to electric cars

Chinese are kings in forecasting future, cars have been call "teen cheh" for 200 years.
"Teen cheh" means electric car.

Posted by Sslee > Nov 13, 2020 5:58 PM | Report Abuse

https://www.tradingview.com/symbols/NYMEX-D1N1%21/

Negative margin with overcapacity

Posted by longtermvaluegain > 2020-11-14 09:11 | Report Abuse

涨或跌,看里面的人,而不是你我。
当我们很认为,看摔一只股如Gets, Euro很不起眼的,可以从penny stocks condition去到rm2.00+++++

Posted by longtermvaluegain > 2020-11-14 09:11 | Report Abuse

越看衰,越会飞。

i3lurker

13,737 posts

Posted by i3lurker > 2020-11-15 11:52 | Report Abuse

To help Heng Yuan shares go up
I am gonna propose to Govt of Malaysia to ban sale of electric vehicles with immediate effect

UK to ban sale of new petrol and diesel cars from 2030

https://www.freemalaysiatoday.com/category/business/2020/11/14/uk-to-ban-sale-of-new-petrol-and-diesel-cars-from-2030/

williamtkb

3,216 posts

Posted by williamtkb > 2020-11-15 12:54 | Report Abuse

Will Monday limit up?

Posted by longtermvaluegain > 2020-11-15 15:45 | Report Abuse

Petronm ada macam Hengyuan ke?

Posted by Calvinharris > 2020-11-17 07:22 | Report Abuse

Vaccine coming next year and Malaysians need to inject vaccine for avoid coronavirus.
Some sectors of economic expected to back to normal.

I will fully invest in HENGYUAN because it's damn cheap from actual value.

DJThong

480 posts

Posted by DJThong > 2020-11-17 18:30 | Report Abuse

Calvin can trust the board or not oh. Very incompetent bunch. All blur blur

Posted by Calvinharris > 2020-11-17 18:33 | Report Abuse

看你本身自己咯,DJThong.

Posted by Calvinharris > 2020-11-17 18:33 | Report Abuse

我自己当然是累积Hengyuan啦。

up2up

93 posts

Posted by up2up > 2020-11-19 21:44 | Report Abuse

Petron latest financial result surge, will Hengyuan follow too ?

up2up

93 posts

Posted by up2up > 2020-11-20 09:14 | Report Abuse

Machinery started...

Posted by salarynotenough > 2020-11-20 10:02 | Report Abuse

the share have been undervalued for sometime.
hengyuan perform hedging on crude and thus enable them to be better off compare to the other player in the market. if you see their financial result, the result is much better than the peers in previous 2-3 quarters.
with shell closing down refinery within same region like Philippines and resizing Singapore plant, i feel hengyuan will have in better position to get those regional businesses.
so i bet we can easily see the price go back to pre-covid time as once the covid subside, petrol demand will go up and with so many closure of refinery, supply will be limited.

pang72

49,870 posts

Posted by pang72 > 2020-11-20 10:21 | Report Abuse

Hengyuan being scold by people for 3 years..

Time to reward the shareholders and ask the critic to fly kate

Posted by longtermvaluegain > 2020-11-20 10:26 | Report Abuse

So delicious

djibaok

1,182 posts

Posted by djibaok > 2020-11-20 10:26 | Report Abuse

just follow KYY meh... he buy you buy....

pang72

49,870 posts

Posted by pang72 > 2020-11-20 10:47 | Report Abuse

djibaok just follow KYY meh... he buy you buy....
20/11/2020 10:26 AM

WE NEED TO BUY BEFORE UNCLE BUY!!

pang72

49,870 posts

Posted by pang72 > 2020-11-20 10:47 | Report Abuse

He will tempted to buy later...

Remember to sell at rm19. 00 this round....

SuperPanda

11,431 posts

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

all in 3.12~3.16

next year wait 100% gain

SuperPanda

11,431 posts

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

“hengyuan is the most underrated refinery player”

Posted by longtermvaluegain > 2020-11-20 12:09 | Report Abuse

He dint buy, I will buy.
(Kyy)

DJThong

480 posts

Posted by DJThong > 2020-11-20 12:23 | Report Abuse

I just scared. Buy a bit ny. Hope the Chairman stuck at kampung in China. He talked a lot alof nonsense at last years AGM. Then mistranslated - the translator is very stupid - silly girl say wrongly all the way. Tai lok mui. So I scared de

pang72

49,870 posts

Posted by pang72 > 2020-11-20 12:32 | Report Abuse

Closed eye buy!!

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-11-20 13:43 | Report Abuse

after buy hold tight and wait for big profit if you can patient enough, every next coming qtr will meet uncle golden stock selection rule (just borrow to mock him)

market is a cycle, the downtrend cycle has end and now come the uptrend

in 3-6 mths when covid getting lesser (evey flu has its cycle too), crack spread margin improve and the good old days will come

pang72

49,870 posts

Posted by pang72 > 2020-11-20 14:37 | Report Abuse

Agreed!

DJThong

480 posts

Posted by DJThong > 2020-11-20 22:04 | Report Abuse

Can high again ah? I scared type de. I see them on agm stage I nervous liao.

Posted by proacez2000 > 2020-11-21 00:08 | Report Abuse

if hengyuan fly, petron also will fly....the best time to enter is now...soon will shoot up to rm19....no need catalyst, kyy is the catalyst...

Posted by proacez2000 > 2020-11-21 00:09 | Report Abuse

3 years ago, kyy goreng this stock almost rm13-rm20...very scary...hahahahaha

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-11-21 01:29 | Report Abuse

very scary if you buy at top, now still deep down bottom, if kena goreng till 5.0 i made 20k already

Tete7893

228 posts

Posted by Tete7893 > 2020-11-21 11:05 | Report Abuse

brent oil break USD45. Good for hengyuan next weel tp Rm4.0

up2up

93 posts

Posted by up2up > 2020-11-21 11:35 | Report Abuse

Since China fuel consumption are booming now, will the mother company arrange Hengyuan output export to China ?

Sslee

5,608 posts

Posted by Sslee > 2020-11-21 12:27 | Report Abuse

https://www.spglobal.com/platts/en/market-insights/latest-news/oil/111020-china-to-cut-refinery-run-rate-in-2021-amid-capacity-growth-tepid-demand

Many investments were made earlier and cannot be culled although demand for some oil products will peak sooner than expected, market sources said separately and away from the conference.

The country is expected to add 440,000 b/d or 22 million mt/year of new capacity, set to be in commercial operation in 2021, in addition to the 260,000 b/d expected to come online in 2020, S&P Global Platts data showed.

"However, China's oil product demand in 2021 would only recover to the level in 2019 while demand in the overseas [markets] would remain lower than that in 2019 due to the ongoing pandemic," Han said.

"The additional product supplies would have nowhere to go, refineries have to cut utilization rate as a result," she added.

PetroChina foresees China's apparent domestic oil product demand to fall 4.7% year on year to 322 million mt in 2020, with demand for gasoline likely to fall 2.4%, gasoil consumption expected to drop by 1.1%, and that of jet fuel to slump 28.9% on the year, according to Han.

DJThong

480 posts

Posted by DJThong > 2020-11-21 12:30 | Report Abuse

This Chiba report. Hengyuan PD is for Malaysia lah. It’s not exporting one to China leh . Why luan Luan Lai

DJThong

480 posts

Posted by DJThong > 2020-11-22 09:59 | Report Abuse

Hengyuan adakah glc lah. Daerah punya. Lihat orang tua tu yang Chairnnan. Walaupun tak ada pengalaman pun jadi Chatman. Sudah 3 tahun tak berapa untung.

DJThong

480 posts

Posted by DJThong > 2020-11-22 13:05 | Report Abuse

I see got a new Chindian lady Loy is director. She ok ah - looks like she was selling lorries before, got experience meh?

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