Posted by vanbasten9 > 2021-06-01 09:20 | Report Abuse

Where got trap ? I just enter anak this morning keke

Posted by 4896hoot9e > 2021-06-01 12:13 | Report Abuse

Oil price so high, why this counter still shitting?

Posted by Cakes Moon > 2021-06-01 12:31 | Report Abuse

I believe Hengyuan management won't report huge loss for other operating activity in the following few QR, the current result is to pressure share price lower for collection mode.
Since all Revenue, PAT & Brent crude are in an increasing trend, the future is bright!!!

Posted by greedy44 > 2021-06-01 18:00 | Report Abuse

Tomorrow strong rebound if oil stay strong

Posted by trading2019 > 2021-06-01 23:22 | Report Abuse

USD71.10 now.

Posted by wallstreetrookie > 2021-06-02 19:13 | Report Abuse

Decarbonization is the future. Rapid declines in carbon emission would reward oil producers that are trying to lead the transition by adopting renewable energy.

Posted by wallstreetrookie > 2021-06-02 19:59 | Report Abuse

However, there exist short term upside on O&G companies due to recent surge in crude oil prices. There's still meat left on the table for traders.

Posted by yc123 > 2021-06-02 23:14 | Report Abuse

wish changed cfo can bring changes to hy account. it is superb ugly latest qr

Posted by 4896hoot9e > 2021-06-03 16:46 | Report Abuse

With current global oil price, Heng yuan now is big discount .. let’s hoot it

Posted by Bgt 9963 > 2021-06-03 17:07 |

Post removed.Why?

Posted by greedy44 > 2021-06-05 09:07 | Report Abuse

NEW YORK: Oil extended gains on Friday, with Brent topping US$72 a barrel for the first time since 2019, as OPEC+ supply discipline and recovering demand countered concerns about a patchy COVID-19 vaccination rollout around the globe.

The Organization of the Petroleum Exporting Countries and allies on Tuesday said they would stick to agreed supply restraints. A weekly supply report on Thursday showed U.S. crude inventories dropped more than expected last week.

Oil extended gains after U.S. figures showed nonfarm payrolls increased by 559,000 jobs last month. The U.S. dollar weakened after the report, making oil cheaper for holders of other currencies and lending support to oil prices.

Brent crude rose 58 cents, or 0.8%, to settle at $71.89 a barrel, after touching $72.17, its highest since May 2019.

U.S. West Texas Intermediate crude rose 81 cents, or 1.2%, to settle at $69.62. The session high was $69.76, its highest since October 2018.

Oil prices drifted higher after U.S. energy firms this week cut the number of oil and natural gas rigs operating, for the first time in six weeks, data from energy services firm Baker Hughes showed.

"After much dilly-dallying, Brent appears to have found a new home above $70," said Stephen Brennock of oil broker PVM. "Summer and the reopening of the global economy is bullish for oil demand in the second half of the year."

Posted by greedy44 > 2021-06-05 09:09 | Report Abuse

Brent rose about 3% on the week while U.S. crude notched gains of nearly 5%. It is the second week of gains for both contracts.

Also boosting oil this week was a slowdown in talks between the United States and Iran over Tehran's nuclear programme, which reduced expectations of a return of Iranian oil supply.

"Energy markets are locked in on Iran nuclear talks that should pick up next week," Edward Moya, senior market analyst at OANDA said.

"The fifth round of negotiations will heat up next week and that should keep oil prices supported as Tehran will stick to their red lines for restoring the nuclear deal."

Meanwhile, U.S. crude output is likely to grow more slowly than expected as shale producers have added only a limited number of extra rigs to boost production, opting to push for higher prices and profits instead.

While rising demand and the fast pace of vaccinations in countries such as the United States have boosted oil, a slower inoculation rollout and high infections in the likes of Brazil and India are hitting demand in high-growth oil markets.

"Not every country in the world is on a full recovery mode yet, but at the moment no hiccup seems able to reverse the bullish momentum ushered in by strong summer demand," Rystad Energy's oil markets analyst Louise Dickson said.

Posted by DJThong > 2021-06-08 12:08 | Report Abuse

Need to watch refining margins lah
Waiting to see next week’s surprise

Posted by Cakes Moon > 2021-06-08 18:07 | Report Abuse

Oil up but hengyuan drop, post lousy QR just to press price lower.

Posted by wallstreetrookie > 2021-06-09 09:03 | Report Abuse

Just buy

Posted by profit profits > 2021-06-09 10:07 | Report Abuse

hy sells oil to shell/caltex base on market price, now their inventory worth more money

Posted by LossAversion > 2021-06-09 10:10 | Report Abuse

@profit profits - Not only HY does that. Actually all petrol companies sell/buy amongst themselves.

Posted by DJThong > 2021-06-09 17:02 | Report Abuse

HY got offer. Buy one cargo Aunty director sing for you. Two cargoes she dance for you. More cargoes cannot write here

Posted by DJThong > 2021-06-09 17:48 | Report Abuse

Aunty will let you see her big black belt but underneath is fat fat tummy . Old liao . Like Nissan Sunny body.

Posted by TRYLUCK88 > 2021-06-10 07:55 | Report Abuse

Lai liao... but short lived.

Posted by Bgt 9963 > 2021-06-10 08:25 |

Post removed.Why?

Posted by DJThong > 2021-06-10 14:18 | Report Abuse

The price move a bit then drop. Is very slow like fat Aunty in Nissan Sunny. Must slowly drink hainan coffee first

Posted by Bullrunrun > 2021-06-13 16:42 | Report Abuse

https://www.youtube.com/watch?v=YXnkEKxc4DQ

Posted by DJThong > 2021-06-13 21:04 | Report Abuse

I wonder if their projects are actually finished though

Posted by Bgt 9963 > 2021-06-13 21:15 |

Post removed.Why?

Posted by DJThong > 2021-06-14 09:43 | Report Abuse

Waiting for tomorrow

Posted by Turnaround > 2021-06-14 10:40 | Report Abuse

those who hold neck too long dy

Posted by DJThong > 2021-06-14 12:56 | Report Abuse

Up and down again. Haiya

Posted by junkit > 2021-06-14 21:43 | Report Abuse

Hengyuan几年前暴涨暴跌的故事：
https://youtu.be/YXnkEKxc4DQ

Posted by profit profits > 2021-06-15 09:17 | Report Abuse

again got all the m f come here to spread negative news like last time when shell about to sell the company to hy.

Posted by Cakes Moon > 2021-06-15 17:18 | Report Abuse

Conman stock, better leave this aside.

Posted by profit profits > 2021-06-15 18:24 | Report Abuse

Cakes Moon, no one ask you to come here. Whoever come here come at own risk and opportunity.

Posted by DJThong > 2021-06-15 21:41 | Report Abuse

Profit profits - you hold a big Hengyuan portfolio?

Posted by mamatede > 2021-06-16 13:09 | Report Abuse

Slow slow collect at this level...

Posted by DJThong > 2021-06-16 15:18 | Report Abuse

Wait for Q2 qr - sure poor volumes then all the funny hedges they do . Can depress the stock further

Posted by wallstreetrookie > 2021-06-18 23:58 | Report Abuse

Hmm

Posted by apple168 > 2021-06-19 17:35 | Report Abuse

Take profits when the share price is still good before it is gone

Posted by TRYLUCK88 > 2021-06-20 10:10 | Report Abuse

the problem is no profit to take as it fell fr 5.65 to current price bcos of mco declared.

Posted by wallstreetrookie > 2021-06-21 11:10 | Report Abuse

Hmmm

Posted by trading2019 > 2021-06-21 11:33 | Report Abuse

HY's fair value is RM49.75. Sure or not? Why no1 goreng this counter?
https://simplywall.st/stocks/my/energy/klse-hengyuan/hengyuan-refining-company-berhad-shares

Posted by Cakes Moon > 2021-06-22 14:34 | Report Abuse

Brent crude already $75+ why still no movement.
Wait until neck long, already buy in.

Posted by Bgt 9963 > 2021-06-22 14:54 |

Post removed.Why?

Posted by wallstreetrookie > 2021-06-22 15:05 | Report Abuse

Risk-on baby

Posted by TRYLUCK88 > 2021-06-23 18:22 | Report Abuse

lai liao. after ph 2 announcement.

Posted by wallstreetrookie > 2021-06-24 06:20 | Report Abuse

Crude oil extends gains 73

Posted by Bgt 9963 > 2021-06-24 08:35 |

Post removed.Why?

Posted by DJThong > 2021-06-24 12:48 | Report Abuse

Nissan Sunny pom pi pi liao

Posted by wallstreetrookie > 2021-06-25 21:14 | Report Abuse

Buying the dip!

Posted by pari57 > 2021-06-25 22:18 | Report Abuse

Usd75... oil stock still sleeping

Posted by ipohwhitecoffee > 2021-06-25 22:21 | Report Abuse

Oil 80 bursa oil stocks won't move also.
Too naïve if you expect bursa oil stocks rally based on crude oil price....