Posted by wehcant > 2021-02-17 16:47 | Report Abuse

Hitting 6.25 soon. Coming...

Posted by Desmond Nah > 2021-02-17 17:00 | Report Abuse

nice.. closing.

Posted by investorbat > 2021-02-17 18:24 | Report Abuse

very good closing,if tomorrow oil not dropping,might open gap up break 6.25 1st resistance into 6.40-6.6 area.Tomorrow foresee 2nd follow thru,1st happened 3Feb

Posted by kevinobc > 2021-02-17 20:44 | Report Abuse

https://www.reuters.com/article/global-oil-int/oil-extends-rally-on-texas-supply-disruptions-idUSKBN2AH07D

Posted by Dartmaster > 2021-02-17 20:47 | Report Abuse

Even warren buffet is buying oil companies . he acquired 3m of chevron's share . OIL HItting new high tomorrow we will see oil companies explode to new highs HEHEHE

Posted by wehcant > 2021-02-17 20:51 | Report Abuse

The most volatile counter in my portfolio.

Posted by wehcant > 2021-02-17 20:57 | Report Abuse

When the share price goes up, the usual naysayers are not in sight. When the price goes down, they will appear. So funny.

Posted by paperplane > 2021-02-17 23:51 | Report Abuse

Why crack spread no up, stock rallied so geng?? Why ah

Posted by paperplane > 2021-02-17 23:52 | Report Abuse

Buffett buy telcos, oil, chemical companies. Not just one sector lah. And he selling tech stocks. So will tht signal bye bye Nasdaq soon? Time to short Nasdaq, as hinted by Buffett move

Posted by Yippy68 > 2021-02-18 04:49 | Report Abuse

Hengyuan,,go go go. tp 8.00

Posted by kakashi > 2021-02-18 07:28 | Report Abuse

Nice. Love this stock

Posted by kakashi > 2021-02-18 07:28 | Report Abuse

Will challenge 7.3 again

Posted by Stockhunter85 > 2021-02-18 07:58 | Report Abuse

Hengyuan will go ...... RM 10 . Hold tight .....

Posted by kakashi > 2021-02-18 08:04 | Report Abuse

Buffet bought chevron.. that's big

Posted by kevinobc > 2021-02-18 08:35 | Report Abuse

https://www.dailyfx.com/crude-oil
WTI USD 62 ahead

Posted by kevinobc > 2021-02-18 08:46 | Report Abuse

https://www.msn.com/en-us/money/markets/oil-extends-gain-with-us-crisis-slamming-nation-e2-80-99s-crude-output/ar-BB1dM190

Posted by clouud1234 > 2021-02-18 09:11 | Report Abuse

At least 7.30 will test

Posted by Desmond Nah > 2021-02-18 09:40 | Report Abuse

let's go HY

Posted by clouud1234 > 2021-02-18 09:55 | Report Abuse

Probably is round bottom pattern.

Posted by clouud1234 > 2021-02-18 09:55 | Report Abuse

Gogogo

Posted by wallstreetrookie > 2021-02-18 10:09 | Report Abuse

Contra player never lose money with Hengyuan. This Hengyuan operator is the best

Posted by kevinobc > 2021-02-18 10:21 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/02/18/quick-take-og-counters-boosted-by-oil-price-rally

Posted by Bullrunrun > 2021-02-18 10:46 | Report Abuse

From height rm 19.20 to rm 2.55 now RM 6.4

It is like the gambling stock

oil up and down and no dividends

Posted by Bullrunrun > 2021-02-18 10:50 | Report Abuse

After I hold it for 3.5 years, I get 2 cents

I have sold most of it to switch to glove at least can get some dividends for my old age lol...

Posted by sujibaby > 2021-02-18 11:19 | Report Abuse

Optimistic outlook on Hengyuan is primarily based on oil price fluctuation. Trading below its book value, with better PE and positive ROE, it certainly looks more promising than Hibiscus for many traders.

Posted by kevinobc > 2021-02-18 11:46 | Report Abuse

https://www.msn.com/en-us/money/markets/brent-oil-passes-65-with-u-s-crisis-now-a-global-supply-shock/ar-BB1dM190

Posted by kevinobc > 2021-02-18 11:47 | Report Abuse

https://economictimes.indiatimes.com/markets/commodities/news/brent-oil-passes-65-with-us-crisis-now-a-global-supply-shock/articleshow/81081605.cms

Posted by kevinobc > 2021-02-18 11:53 | Report Abuse

https://finance.yahoo.com/news/asia-set-muted-open-bond-215524553.html

Posted by SuperPanda > 2021-02-18 13:31 | Report Abuse

5 figure profit now : )

Posted by SuperPanda > 2021-02-18 13:33 | Report Abuse

some profit can be taken to buy tech sector like gtronic and inari which under correction

bought gtronic today

Posted by kevinobc > 2021-02-18 16:12 | Report Abuse

https://www.msn.com/en-us/money/markets/big-freeze-in-texas-is-becoming-a-global-oil-market-crisis/ar-BB1dLttn

Posted by kevinobc > 2021-02-18 16:39 | Report Abuse

https://www.usatoday.com/story/money/2021/02/17/winter-storm-gas-prices-near-me-rise-10-20-cents-refineries/6782353002/

Posted by kevinobc > 2021-02-19 08:58 | Report Abuse

https://www.msn.com/en-us/money/markets/restarting-texas-damaged-oil-refineries-is-going-to-take-weeks/ar-BB1dNZXl?fbclid=IwAR01aB7_JYn5r3kilebzadFg7w7Fy7A7_uTY9MN5lSu9OUSMPOfBMxfm9WM&c=5965397146165357040%252C

Posted by Bullrunrun > 2021-02-19 09:08 | Report Abuse

HY gave me dividend 2 cents so far last 3 years
Top glove gave me 50 cents
Both same price now

Posted by kevinobc > 2021-02-19 10:10 | Report Abuse

https://www.wsj.com/articles/saudi-arabia-set-to-raise-oil-output-amid-recovery-in-prices-11613570923

this is the news that affects oil & gas prices... anyway months to go... only a plan

Posted by enning22 > 2021-02-19 11:17 | Report Abuse

last few years ,hengyuan spent huge sum of money on upgrading and improving refinary facility, and by 2020,the capital expendire project has completed, and hence u see company profit is largely improved.

Posted by SuperPanda > 2021-02-19 23:11 | Report Abuse

hengyuan chinaman cheapskate on div, thats why im buying petron too

Posted by SuperPanda > 2021-02-19 23:13 | Report Abuse

btw, the big profit last qtr was not on refinery margin but mostly on inventory, hedging and forex gain

coming qtr expected lower profit on qoq

Posted by Bullrunrun > 2021-02-20 09:40 | Report Abuse

AFTER hold HY for 3 year I lost 100k and get 2 cent dividend

Posted by Bullrunrun > 2021-02-20 09:40 | Report Abuse

i have switch to Topglove

Posted by enning22 > 2021-02-20 14:37 | Report Abuse

refinery business is tough business , u can't all the while ,just make the money on refinery margin alone ,based purely on "back to back" arrangement with"zero inventary",. usually certain percent of stock/inventary , you need to keep,if the commodity is on rising trend , that would benefit the company, if commodity experiencing a falling market, that u could suffer losses. That is the name of the GAME. so far so good , as crude oil price in on a rising trend for past seasons, would see stable and steadier time ahead, as global economy is on slow recovery mode. u could make more on your inventary

Posted by Bullrunrun > 2021-02-21 15:12 | Report Abuse

After 3 years plus of holdings
I learned that HY only buy when oil is low sell when oil is high

China company gives me 2 cents after 3 years of holding

I may sell some more even if the QR is 50 cents EPS

Topglove promised 70% dividends payout this year

Now TOPGLOVE and HY same price

Choose one to keep for next 10 years...

I lost trust in CHina company liao....lol

Posted by enning22 > 2021-02-21 18:06 | Report Abuse

Everý day people buy and sell,each has their own whatever reasons. We wish them good luck. We Follow the trend, the. trend is your friend.

Posted by CatchThe Bull > 2021-02-22 11:54 | Report Abuse

@Bullrunrun, if you lost trust in China companies, you will miss out many good oportunities. I'm not referring to those penny stock listed in Malaysia. Don't limited yourself in Bursa. Hong Kong exchange have many good companies as well with low valuation. Many China companies are good fundamental and investment target. HengYuan and Topglove are totally different type of company to compare with. You have to understand the characteristic of the industry and business model. I strongly believe this year is the good time to invest in HengYuan and HKEX listed China companies. Happy investing :)

Posted by Investing_Bursa > 2021-02-22 12:05 | Report Abuse

Kesian bullrunrun, he buys hengyusn lose money , then move to topglove , lose again.... Kesian la like that . Keep losing

Posted by CatchThe Bull > 2021-02-23 15:00 | Report Abuse

QR should be on 24/2. Crack spread future increase above 6, this is a good sign as well for oil refinery industry. Don't miss this golden opportunity. Happy investing :)

Posted by wehcant > 2021-02-24 11:24 | Report Abuse

So many panic after seeing PetronM's latest QR. They're expecting HY will suffer the same fate. No worries, lah. Will still have good EPS. If >30 EPS still OK right?

Posted by profit profits > 2021-02-24 17:21 | Report Abuse

Unlike Petronm, Hengyuan Q3 profit is enough to cover for Q1 loss, and Q4 is again expected to be profitable like petronm, may be around 100m. So the nett for 2020 is still profitable.

Posted by Cakes Moon > 2021-02-25 11:50 | Report Abuse

I am buying Hengyuan for the sake of surging Brent oil & improving crack spread. Hope it will perform like Pmetal does (aluminium price vs share price). CatchThe Bull please do keep us update with the latest development. Thank you.

Posted by Bullrunrun > 2021-02-26 11:29 | Report Abuse

I sold my HY 20,000 share after 3 years holding get 2 cents dividends Cannot trust china Chinese anymore haiz.... and moved on to TOPGLOVE. at least i can enjoy my high dividends in Topglove almost at the lowest now point now. This year promised investors 50 % dividends payout plus 20% dividends almost 74 cents according to Public Mutual fund manager