Posted by SuperPanda > 2021-02-02 20:11 | Report Abuse

tomorrow another more upside

Posted by hng33 > 2021-02-02 21:09 | Report Abuse

hengyuan profit derive from 3 main source of profit contributor, namely, inventory holding gain + currency gain (RM strengthen vs USD) + crack spread

Posted by SuperPanda > 2021-02-02 22:02 | Report Abuse

in bursa sentiment comes first, now sentiment is building up at o&g as rest sector already reach fair value

Posted by Dartmaster > 2021-02-02 22:11 | Report Abuse

Heng yuan by the end of the year will reach RM 8

Posted by Yippy68 > 2021-02-02 22:31 | Report Abuse

end of this month...rm 9.50

Posted by Yippy68 > 2021-02-03 00:26 | Report Abuse

wow.... brent crude is now closed to 60 USD ...may be kyy is burning midnight candle prepare to push HY for a limit up. Tomorrow.... guys, best opportunity. i bought at 4,90, HY go go go.

Posted by kevinobc > 2021-02-03 03:07 | Report Abuse

https://www.thestar.com.my/aseanplus/aseanplus-news/2021/02/02/oil-prices-extend-rally-as-producers-restrain-output

Posted by apple168 > 2021-02-03 07:39 | Report Abuse

Sell on strength will continue to prevail!

Posted by SuperPanda > 2021-02-03 08:09 | Report Abuse

have said this in petron, copy it here bcoz you say the same everywhere you go when you dont have the shares and the price starts to rally....

_______

listen to me, still have opportunity to buy bcoz yday was the 1st day uptrend, very far from resistance, morning as normal is frenzy, can buy afternoon when contra trader sell

saudi cut will last for 2 mths and US investory very low, they have to import oil now, thats why oil rally

goldman target brent at usd65 this march, they will make it happen bcoz they have hedging and futures trade to make profit out of it

the most important factor is this month petron will release qr and it will >100m !! boom !!

and in the subsequent qr, where oil sustain >60usd where most country has reach >60% vaccination, demand will rise more when border open and jet fuel pick up

you know what... if you cant make big money in o&g this round, you wont able to make it in years to come when EV start dominating the road

happy trading and enjoy the uptrend : )

Posted by SuperPanda > 2021-02-03 08:10 | Report Abuse

the same apply to hengyuan.. i like hy bcoz its price movement and for petron bcoz of the high dividen

Posted by Desmond Nah > 2021-02-03 08:51 | Report Abuse

HY sui lah.

Posted by Bullrunrun > 2021-02-03 08:55 | Report Abuse

Oil up 58
HY today Rm5.50

Posted by VincentTang > 2021-02-03 09:08 | Report Abuse

Crack spread drop. Better sell HengYuan

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

Posted by investorbat > 2021-02-03 09:10 | Report Abuse

oil price,crack spread both higher than last Q,no reason to go below $5 again,risk is very low.Macd at the bottom ,room to go up very high

Posted by SuperPanda > 2021-02-03 09:24 | Report Abuse

dont sell an uptrend stock, we have trader jumped in now waiting for breaking resistance

Posted by SuperPanda > 2021-02-03 09:30 | Report Abuse

and dont waste your time on crackspread, market dont refer it bcoz trader dont give a damn, it only apply to investor
_______________
VincentTang Crack spread drop. Better sell HengYuan

Posted by Dartmaster > 2021-02-03 10:02 | Report Abuse

No big fish to invest in hengyuan anymore meh. Cause is an oil company and most investment firm has pledge to invest away from oil company . Doubt it will go up so fast ...

Posted by SuperPanda > 2021-02-03 12:00 | Report Abuse

2017-18 rally takes 1 year to peak, i plan to hold until 1H21 with target price of 7-8

i believe its reasonable and able to reach

Posted by apple168 > 2021-02-03 12:54 | Report Abuse

Death cat bounce!

Posted by SuperPanda > 2021-02-03 13:41 | Report Abuse

the worst it can drop will be higher than the prev low bcoz the outlook on oil price has improvement

unless oil price sentiment reverse

Posted by SuperPanda > 2021-02-03 14:18 | Report Abuse

i dont care bcoz im buying when i think its undervalue, enter back at 5.10 and collect until 4.85

now paper profit 2k

Posted by SuperPanda > 2021-02-03 14:19 | Report Abuse

if drop below 4.85, ready to collect again

Posted by Blackstorm > 2021-02-03 15:41 | Report Abuse

I think wont drop below 5..quater result 2 more weeks

Posted by marobukka > 2021-02-03 15:44 | Report Abuse

Hold tight!!!! QR gonna release soon. TP RM7. Much much

Posted by Investing_Bursa > 2021-02-03 16:07 | Report Abuse

Lets go !

Posted by SuperPanda > 2021-02-03 16:09 | Report Abuse

today will be lower high and hit sma50, so TA wise match your criteria.. buy or not?

you are still afraid right?
____________
Yu_and_Mee still a downtrend unless lower high formed
03/02/2021 1:49 PM

Posted by marobukka > 2021-02-03 16:15 | Report Abuse

Brent $58 per barrel. Lesgoooooo

Posted by investorbat > 2021-02-03 16:18 | Report Abuse

oil up to 1 year high,crack above $4 no reason to stay below $6

Posted by Bullrunrun > 2021-02-03 16:22 | Report Abuse

RM 7.00 coming ..

Posted by hng33 > 2021-02-03 16:26 | Report Abuse

sold back hengyuan at 5.53-5.55

Posted by investorbat > 2021-02-03 16:33 | Report Abuse

@ yu and mee,r u talking about higher low? Not lower high formed.Yesterday closed above $5,higher than previous 3 days closing price with volumes shows that trend turnaround

Posted by VincentTang > 2021-02-03 16:34 | Report Abuse

Crack spread drop 12.51% today. Not good for HengYuan, is time to sell.

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

Posted by SuperPanda > 2021-02-03 16:40 | Report Abuse

for me you are newbie.. go read sslee analysis on refineries income details at i3 investor blog
_______________
VincentTang Crack spread drop 12.51% today. Not good for HengYuan, is time to sell.

https://www.tradingview.com/symbols/NYMEX-D1N1%21/
03/02/2021 4:34 PM

Posted by SuperPanda > 2021-02-03 16:41 | Report Abuse

btw my profit now has grow to 4k

Posted by marobukka > 2021-02-03 16:41 | Report Abuse

Cuba fikir bila IRIS dapat job NIIS macam beri petanda border akan dibuka tak lama lagi once ramai orang vaccinated. Demand minyak confirm melambung! Better collect now and hold!!!

Posted by apple168 > 2021-02-03 16:48 | Report Abuse

Wonderful day trade! Thank you!

Posted by SuperPanda > 2021-02-03 17:03 | Report Abuse

ha ha, very unprofessional self claim.. i thought it was a ‘death’ cat bounce....

a professional dare to make call before it spike and accept the mistake if it went wrong

newbie will try to earn credit after it fly and will never confess

Posted by kevinobc > 2021-02-03 17:27 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/02/03/oil-price-hits-highest-in-a-year-as-producers-limit-supply

Posted by Newtradee > 2021-02-03 17:51 | Report Abuse

mco hard is not forthcoming.

number of new cases covid also plateauing and even reducing.

First thing we'll do will be driving around la with family.

No prize for guessing this right, except if you buy refinery shares hehe

Posted by Dartmaster > 2021-02-03 17:57 | Report Abuse

Short squeeze coming hope apple 168 lose his underwear

Posted by Diamond7 > 2021-02-03 18:59 | Report Abuse

Hopefully Brent up up tonight
Hengyuan up up up.......
N touch 8 ringgit!

Posted by JohnFarmer458 > 2021-02-03 20:37 | Report Abuse

Next TP RM8

Posted by SuperPanda > 2021-02-03 21:55 | Report Abuse

those just bought and target high tp actually they want to sell at 6..

why, bcoz if everybody agree at those price (based on research), hy should already stay above rm7 by now

reason, US refineries has been uptrending since 3 mths back but local refinery been downtrend for months (bcoz of those short term and contra player)

this is typical msian traders, have to live with it

Posted by Bullrunrun > 2021-02-03 21:56 | Report Abuse

It looks like unstoppable now

Brent oil crossed over usd 58 and 65 coming bce saudi OPEC cut 100 million barrel production per day

Regretted sold some too early. Q4 for 2020 is excellent maybe 45 cents eps and Q1 2021 looks healthy PE ratio single digit Target Price RM8.50...

Posted by Dartmaster > 2021-02-03 22:56 | Report Abuse

Agree with panda, Doesnt make sense oil was 45 when hengyuan rally to 7. then oil continue to rally till 56 but hengyuan drop to Rm 4.8 .... This thing should limit up to RM 7 at least

Posted by see2sea > 2021-02-03 23:08 | Report Abuse

Fb sifu will call buy when reach rm60 and above..they will buy tomorrow

Posted by Dartmaster > 2021-02-03 23:14 | Report Abuse

Morgan Stanley buying oil companies . JP morgan as well

Posted by kevinobc > 2021-02-03 23:40 | Report Abuse

https://www.dailyfx.com/crude-oil

Posted by kevinobc > 2021-02-04 00:10 | Report Abuse

https://www.worldoil.com/news/2021/2/1/oil-price-surges-on-signs-of-a-tight-global-crude-market

Posted by SuperPanda > 2021-02-04 00:11 | Report Abuse

in nyse 3 refiners counter been uptrending since oct’20

phillips66
valero
hollyfrontier

in msia refinery been downtrend for last 2 mths

hengyuan
petron

msian operator/retailers only follow local sentiment to play out stock, they dont use facts

the best part is, our local refiner actually will earn more profit from forex gain due to stronger RM, millions of them, but they dont care abt it

thats why im keep buying when it going down