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

pang72

49,870 posts

Posted by pang72 > 2020-11-27 08:37 | Report Abuse

Even 4.5 is dirt cheap!!

Posted by mayongzheng > 2020-11-27 08:42 | Report Abuse

I try q to buy at RM4.00 today.

pang72

49,870 posts

Posted by pang72 > 2020-11-27 09:06 | Report Abuse

Heng Huat Heng... 3.66 can get....

pang72

49,870 posts

Posted by pang72 > 2020-11-27 09:06 | Report Abuse

Cheap cheap cheap tickets

pang72

49,870 posts

Posted by pang72 > 2020-11-27 09:07 | Report Abuse

Next QR 50c again...
Hoho... Shot over rm10

Posted by longtermvaluegain > 2020-11-27 09:09 | Report Abuse

恒源股本低,才只有300 mil 张票。

Posted by mayongzheng > 2020-11-27 09:12 | Report Abuse

现在的sellers 很少

pang72

49,870 posts

Posted by pang72 > 2020-11-27 09:13 | Report Abuse

All the way up....
Wait for genious sifu Facebook live!!

It will shot up

pang72

49,870 posts

Posted by pang72 > 2020-11-27 09:13 | Report Abuse

We buy and wait..

Too good to miss!!

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-11-27 09:16 | Report Abuse

soon operator will come to goreng and article will resurface “hengyuan is the most underrated refinery stock”

Posted by longtermvaluegain > 2020-11-27 09:32 | Report Abuse

你好像预先知道消息,superpanda.

pang72

49,870 posts

Posted by pang72 > 2020-11-27 09:57 | Report Abuse

Already know this group of goreng kaki...

The best ever chance for goreng is hengyuan.. Now

sten_still

396 posts

Posted by sten_still > 2020-11-27 12:06 | Report Abuse

hengyuan price already same with dialog, dont let them race...

pang72

49,870 posts

Posted by pang72 > 2020-11-27 12:07 | Report Abuse

All the way up to rm5. 00...

pang72

49,870 posts

Posted by pang72 > 2020-11-27 12:07 | Report Abuse

I want to see many sour grape here...

Don't complain later..

DJThong

480 posts

Posted by DJThong > 2020-11-27 12:32 | Report Abuse

Pang72 true or not? The profit is usually accounting profit. This company one quarter reverse impairment and one quarter is deferred tax gain. Not real underlying business. Be careful the window dressing. Insider says the Euro 4 M still can’t complete. Use cheapo Chinese contractor full of problem

wehcant

1,259 posts

Posted by wehcant > 2020-11-27 12:34 | Report Abuse

rotational counter is here again. it's never too late to accumulate.

LA777

3,383 posts

Posted by LA777 > 2020-11-27 12:54 | Report Abuse

Oil & gas theme is back, buy before too late!!!

LA777

3,383 posts

Posted by LA777 > 2020-11-27 12:59 | Report Abuse

Many investors have gain huge profit from glove and vaccine theme,now it's time to play oil & gas theme, huat arrrr!!!!

gemfinder

6,880 posts

Posted by gemfinder > 2020-11-27 13:13 | Report Abuse

Tqvm for the contra gain

Sslee

5,604 posts

Posted by Sslee > 2020-11-27 13:32 | Report Abuse

Dear all,
Just my opinion on HRC Q3 result:
The average market prices of oil products for the current quarter saw some improvement against the margins recorded in the immediately preceding quarter, although they continued to be in the negative region. The positive combination of stock holding gains and support from oil margin swaps for the current period resulted in a comparatively higher gross margin and net profit against the previous quarter.
Page: 21:

Highlight: Some improvement against the margins recorded in the immediately preceding quarter, although they continued to be in the negative region
Mean refining margin still negative for the quarter.
The profit coming from fair value of Level 2 financial instruments that were outstanding in Q2 mature in the money and stock holding gain

(b) Financial instruments carried at fair value (continued):
Fair value of financial instruments that were outstanding as at the reporting date are detailed below:
Contract/
Notional amount Assets (Liabilities)
USD’000 RM’000 RM’000
Financial assets/(liabilities)
Level 2
30.06.2020
Forward priced commodity contracts 43,484 - (7,018)
Commodity swap contracts 673,386 206,305 (222,024)
Refining margin swap contracts 202,084 512,535 (16,667)
Commodity options 300 411 -
Interest rate swap contracts 96,250 - (22,067)

Contract/
Notional amount Assets (Liabilities)
USD’000 RM’000 RM’000
Financial assets/(liabilities)
Level 2
30.09.2020
Forward foreign currency contracts 1,475 4 -
Forward priced commodity contracts 73,734 16,696 -
Commodity swap contracts 493,441 130,524 (116,207)
Refining margin swap contracts 128,219 324,561 (75,172)
Commodity options 332 519 (73)
Interest rate swap contracts 88,750 - (18,869)

The question:
For Q4 will fair value of Level 2 financial instruments that were outstanding in Q3 mature in the money to book the profit?
Your guess is as good as mine.

wehcant

1,259 posts

Posted by wehcant > 2020-11-27 14:35 | Report Abuse

HLB's EPS is 35.60 and it's share price is RM17. Hengyuan's EPS is 51.40 and it's shares price is RM3.71. So undervalued.

pang72

49,870 posts

Posted by pang72 > 2020-11-27 14:41 | Report Abuse

Hengyuan eps 51.40 fetchs at 3.71 is way undervalue which is no question ask if like compare to AT where no glove production can be at 21c.....

Hengyuan will be minimum rm5!!

pang72

49,870 posts

Posted by pang72 > 2020-11-27 15:03 | Report Abuse

Aiyo... 390000 lots sapuing in seconds by big investor.... WHO?

WAIT FOR FACEBOOK LIVE SIFU OR..... GENIOUS INVESTOR WRITING ARTICLE IN SHORT WHILE...

THE MOST UNDERRATTED STOCK IN BURSA...

pang72

49,870 posts

Posted by pang72 > 2020-11-27 15:03 | Report Abuse

PE1. 7....

Niama De cheap!!

pang72

49,870 posts

Posted by pang72 > 2020-11-27 15:08 | Report Abuse

Remember to sell at rm19. 00.. You will gain from rm3. 7 to rm19...

Don't complaint anymore if you miss last 3 years..

pang72

49,870 posts

Posted by pang72 > 2020-11-27 15:16 | Report Abuse

Suppose limit up today. If not then you all lucky!!

pang72

49,870 posts

Posted by pang72 > 2020-11-27 15:22 | Report Abuse

No one will put positive comments here now because they are busy wahtsapp communicating to call buy in internal groups..

Let's wait super investor to buy till syiok Syiok then only wait for free report out!!

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-11-27 15:24 | Report Abuse

sslee if you still reading the book to trade, you will not make a lot of money

bursa is full of casino owner and gambler, Fintec and its goreng subsidiaries all goreng up till hundreds of %, where is the fundamental?

some penny trader at ATS bought 8c, now 21c, >100%, what is on the balance sheet?

i can write on this for whole week and still not finish, pleae dont waste your precise time digging on FA and business news, it doesnt help

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-11-27 15:26 | Report Abuse

you better put some money while its still rm4 before operator goreng till rm5, 6 and so on

if you still worry, just buy 1 lot to see if it work or not and even if you were wrong, you will not lose much

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-11-27 15:28 | Report Abuse

Always remember this quote “TRADE WHAT YOU SEE, NOT WHAT YOU THINK”

the chart never lies but the thought can be misleading

investorbat

1,430 posts

Posted by investorbat > 2020-11-27 15:29 | Report Abuse

bought this morning,limit up?

LA777

3,383 posts

Posted by LA777 > 2020-11-27 15:30 | Report Abuse

Pang 72, huat arrr!!!

investorbat

1,430 posts

Posted by investorbat > 2020-11-27 15:30 | Report Abuse

no need $19,$9 is good for me

Posted by steveninvest > 2020-11-27 15:32 | Report Abuse

Sold.. big Ang pow for new year

pang72

49,870 posts

Posted by pang72 > 2020-11-27 15:33 | Report Abuse

LA777 Pang 72, huat arrr!!!
27/11/2020 3:30 PM


CONGRATE LA!!

I GUESS NO NEED TO TEACH YOU ABOUT HRC, YOU WAS OLD BIRD IN HRC TO WITNESS RM19.00

Posted by steveninvest > 2020-11-27 15:33 | Report Abuse

Switch to buy dayang now, next gen to rise

Posted by steveninvest > 2020-11-27 15:34 | Report Abuse

Switch to buy dayang now, next gem to rise

mf

28,412 posts

Posted by mf > 2020-11-27 15:34 | Report Abuse

PUTRAJAYA: Perdana Menteri, Tan Sri Muhyiddin Yassin dijangka akan mengadakan satu sidang media berkaitan vaksin COVID-19 pada petang Jumaat.
Difahamkan, sidang media tersebut akan diadakan di Pejabat Perdana Menteri, Bangunan Perdana Putra di Putrajaya.

LA777

3,383 posts

Posted by LA777 > 2020-11-27 15:38 | Report Abuse

Hahah, history repeat again in Hengyuan, be patient and soon it will fly like Topglove!

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-11-27 15:41 | Report Abuse

whoever bought before qtr and yet to sell, you are on the ship now sailing to the sky

thesteward

6,780 posts

Posted by thesteward > 2020-11-27 15:43 | Report Abuse

Can potentially limit up hopefully 2 days

investorbat

1,430 posts

Posted by investorbat > 2020-11-27 15:45 | Report Abuse

without kyy Hengyuan cannot go to $19,hopes he comes out tomorrow

investorbat

1,430 posts

Posted by investorbat > 2020-11-27 15:56 | Report Abuse

gogogo break 4

Posted by steveninvest > 2020-11-27 16:02 | Report Abuse

My sifu already said it will end below 3.95, it is the resistance price.

Posted by steveninvest > 2020-11-27 16:03 | Report Abuse

Go and buy dayang better now, hengyuan too high already..

pang72

49,870 posts

Posted by pang72 > 2020-11-27 16:14 | Report Abuse

Fly to moon..

sten_still

396 posts

Posted by sten_still > 2020-11-27 16:18 | Report Abuse

brent oil price going to spike over the weekend. hold tight

pang72

49,870 posts

Posted by pang72 > 2020-11-27 16:25 | Report Abuse

It will break 4 then toward 4.50 next week
.

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