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 21 hours ago

7skies

375 posts

Posted by 7skies > 2020-12-22 10:40 | Report Abuse

rebound coming quick3x jump! go3x

gemfinder

6,880 posts

Posted by gemfinder > 2020-12-22 10:40 | Report Abuse

TQVM for the contra gain

Posted by Start_0f_the_bull > 2020-12-22 10:41 | Report Abuse

Bullrunrun may be right.

Posted by Investing_Bursa > 2020-12-22 10:46 | Report Abuse

Good rebound !

Posted by Investing_Bursa > 2020-12-22 10:47 | Report Abuse

Fast and furious!

LA777

3,383 posts

Posted by LA777 > 2020-12-22 10:50 | Report Abuse

Go go go!!!

LA777

3,383 posts

Posted by LA777 > 2020-12-22 10:51 | Report Abuse

Traders have been washed out, more to come!!!

Pyh96

603 posts

Posted by Pyh96 > 2020-12-22 10:52 | Report Abuse

Green hammers
Buynow sell tomorrow

Apa susah
Ez dinner

Posted by Investing_Bursa > 2020-12-22 10:54 | Report Abuse

Could be bottom sign d for reversal

LA777

3,383 posts

Posted by LA777 > 2020-12-22 10:54 | Report Abuse

Yes, you are right!!!

7skies

375 posts

Posted by 7skies > 2020-12-22 11:01 | Report Abuse

stil wait aa??...sapuuu! 70 cents min woahh

7skies

375 posts

Posted by 7skies > 2020-12-22 11:01 | Report Abuse

go2x

Posted by Blackstorm > 2020-12-22 11:15 | Report Abuse

Onnnnnnnn

Bullrunrun

971 posts

Posted by Bullrunrun > 2020-12-22 11:28 | Report Abuse

Very lucky bought back some at 4.85

kakashi

2,943 posts

Posted by kakashi > 2020-12-22 11:35 | Report Abuse

either reversal or further trapping traders. 4.8 seems like support.
its a good counter, but i still dont understand how it drop to this level. haha

jutawansenyap

1,780 posts

Posted by jutawansenyap > 2020-12-22 11:52 | Report Abuse

Will follow vaccine stock.evening got rally.clever money already in.

jutawansenyap

1,780 posts

Posted by jutawansenyap > 2020-12-22 11:54 | Report Abuse

Definately not for swing or invest.just technical strong rebound.Nowadays People got millions also profit 4 5 bids lari

kakashi

2,943 posts

Posted by kakashi > 2020-12-22 12:27 | Report Abuse

usually what will happen is sell down continue until volume also start to become low before anything happes again

kakashi

2,943 posts

Posted by kakashi > 2020-12-22 14:54 | Report Abuse

haha Pang72, u sell at a good price too. congrats. i sold a bit too late. profit become very low 4 digits only

Roy 8

340 posts

Posted by Roy 8 > 2020-12-22 15:52 | Report Abuse

Hengyuan share price in waterfall mode!

Posted by Fundamental123 > 2020-12-22 16:23 | Report Abuse

Sold above RM6.00 was good decision as there were clear sign of selling this counter shares by big players when markets was stable last two week but players kept selling large amounts of shares that retail investors could not make it.

Posted by love8916 > 2020-12-22 16:29 | Report Abuse

Those who still holding, be patient. Don't panic & dont listen to those silly rumours. That's because they wanna buy it as low as 3.00 or 2.20. Hold tight, tight. Heng Yuan fundamentals is strong. It won't wait till 3 years to go back 7.33.

Posted by Blackstorm > 2020-12-22 16:36 | Report Abuse

Love8916...yeah..

gemfinder

6,880 posts

Posted by gemfinder > 2020-12-22 17:06 | Report Abuse

bought back little rm4.97

Khairul1

24 posts

Posted by Khairul1 > 2020-12-22 17:09 | Report Abuse

Thank love 8916 and ssle also kakashi.. Nice to read ur comm

Bullrunrun

971 posts

Posted by Bullrunrun > 2020-12-22 18:30 | Report Abuse

Q4 results RM 250 Million
EPS 85 cents

Buy now
Targetr Price RM 8.00 by feb 2021

kakashi

2,943 posts

Posted by kakashi > 2020-12-22 18:40 | Report Abuse

Support 4.8 is crucial. Break this will see 4.2 to 4.45

Ekkram

763 posts

Posted by Ekkram > 2020-12-22 21:24 | Report Abuse

Then kasi break 4.8 go go go, loaded my gun ready to buy at very low

Ekkram

763 posts

Posted by Ekkram > 2020-12-22 21:27 | Report Abuse

new variant coronavirus appeared at UK, Borders closed, Lockdown increased, all panic, Oil slumped, exit og counter first to celebrate long holiday while let HRC dive like no tomorrow.

gemfinder

6,880 posts

Posted by gemfinder > 2020-12-22 22:42 |

Post removed.Why?

gemfinder

6,880 posts

Posted by gemfinder > 2020-12-22 23:07 | Report Abuse

I never lose wor. How ah?

OTB

11,250 posts

Posted by OTB > 2020-12-22 23:21 |

Post removed.Why?

Posted by love8916 > 2020-12-23 01:34 | Report Abuse

I remembered I bought Heng Yuan at 5.80 during 2017. Nx day, dropped till 5.40, then 4.95, I'm still holding about 1-2 months, then suddenly 5.85, my friend quickly sold it even though still lost with stamp duty. The next day, 6.00+. Then, few more days later, rise up to 8.00+. If you have faith in Heng Yuan, why PANIC sell it so low until LOST money? This is not index shares & have expired date on it. Why in the hurry to sell off? If you guys realized, majorities stocks slump. Just be patient..Do not panic.
Biden already announced he gonna raised 2 things in US.
1. Increased tax
2. Raised oil price

Posted by mintingmoney > 2020-12-23 07:01 | Report Abuse

Hi warning warning, today before 4.50 run for your lives, Dow drop , oil drop, don’t fight the market sentiment, better sleep well during Christmas and into a happy 2021

pari57

439 posts

Posted by pari57 > 2020-12-23 07:08 | Report Abuse

Normally DJ drop, KL up. Why shoud follow DJ ha ha ha

Sslee

5,591 posts

Posted by Sslee > 2020-12-23 07:28 | Report Abuse

I still think PetronM is the better choice

jutawansenyap

1,780 posts

Posted by jutawansenyap > 2020-12-23 08:43 | Report Abuse

Technically can buy if price sustain above 4.9..buy some now and add some more afternoon/evening.

Brent/crude chart double bottom occur,if good news pertaining vaccine,surely will make another higher price.

Try some,cut loss below 4.6

Sslee

5,591 posts

Posted by Sslee > 2020-12-23 08:48 | Report Abuse

The government agreed to increase petrol station operators’ margin by an additional 2.81 sen to 15 sen per litre for RON95 and an additional three sen to 10 sen per litre for diesel — marking the first profit margin hike in over a decade.

With 2:1 ratio of petro to diesel the commission per litre (15x2+10)/3 =13.333 cents;
1 barrel =158.987 litre
Commission per barrel=RM 0.13333X158.987= RM21.19

If NP is 60% of the commission then per barrel NP= RM 12.72
Petron M per quarter sales 8 million barrel thus NP from selling petrol and diesel: RM 12.72X8 = RM 101.7 million
Anyone know what should be the % retail net profit from sales commission?

Sslee

5,591 posts

Posted by Sslee > 2020-12-23 08:50 | Report Abuse

https://themalaysianreserve.com/2019/01/07/petrol-dealers-get-commission-rise-as-float-system-returns/

The government agreed to increase petrol station operators’ margin by an additional 2.81 sen to 15 sen per litre for RON95 and an additional three sen to 10 sen per litre for diesel — marking the first profit margin hike in over a decade.

jutawansenyap

1,780 posts

Posted by jutawansenyap > 2020-12-23 09:14 | Report Abuse

Strong rebound affirmative.kekekeke.5 digits profit oledi.liaaoo

Posted by eki3invest > 2020-12-23 09:17 | Report Abuse

Coming!

Sslee

5,591 posts

Posted by Sslee > 2020-12-23 09:18 | Report Abuse

HRC Q3 page: 15
Financial Hedge outstanding 30.09.2020:
Forward priced commodity contracts: USD 73,734,000
Commodity swap contracts: USD 493,441,000
Refining margin swap contracts: USD 128,219,000
Interest rate swap contracts: USD 88,750,000

So is HRC running a refining business or playing/speculating with hedge?

jutawansenyap

1,780 posts

Posted by jutawansenyap > 2020-12-23 09:21 | Report Abuse

Sold all above 5.2.can sleep now.

jutawansenyap

1,780 posts

Posted by jutawansenyap > 2020-12-23 09:22 | Report Abuse

Maintain above 5.1 sampai ptg rebound kuat,Insyaallah.
Daily trader,30 minutes morning enough for me.tq hengyuan.huaatttt!!!!

gemfinder

6,880 posts

Posted by gemfinder > 2020-12-23 09:23 | Report Abuse

sold all 5,20. TQVM for the contra gain

jutawansenyap

1,780 posts

Posted by jutawansenyap > 2020-12-23 09:28 | Report Abuse

Aother got stock.penergy.buy,1 day 10 percent today if hengyuan can sustain .

jutawansenyap

1,780 posts

Posted by jutawansenyap > 2020-12-23 09:39 | Report Abuse

Chart never lies.before normal buyer came in,insider already tapaw.
At least it will better quarter.
I sold mine.but i believe it shud be good.

Bullrunrun

971 posts

Posted by Bullrunrun > 2020-12-23 09:41 | Report Abuse

Casino stocl
Buy now
Sell later

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