Posted by HaroldHuong > 2021-10-08 12:21 | Report Abuse

Let break up 5.0 first...

Posted by Jack888 > 2021-10-08 15:04 | Report Abuse

5.00 I think will come true !

Posted by BursaRangers > 2021-10-09 20:15 | Report Abuse

https://klse.i3investor.com/blogs/BursaRangersResults/2021-10-09-story-h1591990448-BursaRangers_Daily_Technical_Picks_Review_9_October_2021.jsp

Posted by wallstreetrookie > 2021-10-10 10:26 | Report Abuse

Hengyuan Refining Co. Maintain Overweight with a short term target of RM5.00 and medium term target of RM8.50

We have high conviction that Brent will continue its rally until at least Q2 2022 thanks to the commodity super cycle. Keep in mind that the oil rally is usually an indicator of a commodity cycle coming to an end.

At the same time, the beginning of the winter season and climatic factors such as rapid change in temperature is very likely to continue driving up demand, further contributing towards volatility in oil prices.

Political stability and military conflicts in Middle East countries could also put pressure on oil prices. Apart from that, the policy-driven transition to "carbon-neutral" or carbon-free infrastructure and the slow lifting of supply restriction by OPEC agreement (400,000 barrels per day as of late September), we could be seeing the beginning of oil rally which is actually a bad sign for the economy.

Goldman Sachs analyst in the recent investor note: "OPEC+ deciding “to an aggressively faster ramp-up in production by year-end would soften (but not derail) our projected deficit, it would only further delay the shale rebound"

"The bigger point, though, is that despite high energy prices and talk of crisis, both OPEC+ and the U.S. shale sector aren’t rushing to add more supply. It’s possible to interpret this as an effort to derail green agendas, but that feels unnecessarily conspiratorial. Rather, the cost of oil has increased, but for reasons above the ground rather than below." - Liam Denning, BB Opinion

Posted by wallstreetrookie > 2021-10-10 10:32 | Report Abuse

Brent could possibly hit 150$ - 200$ max per barrel

Posted by HaroldHuong > 2021-10-10 22:12 | Report Abuse

Hope better Q4 for Hengyuan (Open Interstate travel and Domestic Travel by land and air)

Posted by freddiehero > 2021-10-10 22:42 | Report Abuse

so good

Posted by Tobby > 2021-10-11 13:46 | Report Abuse

After i sold my Hibiscus at 80 cents, i quickly bought Hengyuan at 4.60! So i didn't realise missout on Hibiscus surge! Happy with Hengyuan as i expect it to go to 10.00! So yeah, i jump to better horse!

Posted by Tobby > 2021-10-11 15:36 | Report Abuse

Pang! Yeah, both are winning horse! But i think Hengyuan will be the strong winning horse! Hence my decision to switch to Hengyuan! My target is 10!

Posted by Tobby > 2021-10-11 17:35 | Report Abuse

Pang! This one sit tight do nothing! Shake leg until 10! Please join me!

Posted by freddiehero > 2021-10-11 17:58 | Report Abuse

gogogo let's breK

Posted by kevinobc > 2021-10-12 00:44 | Report Abuse

https://www.wsj.com/articles/oil-price-jumps-above-80-and-natural-gas-races-higher-turbocharged-by-supply-shortages-11633943832?mod=markets_lead_pos1

Posted by kevinobc > 2021-10-12 00:44 | Report Abuse

https://oilprice.com/Energy/Oil-Prices/Brent-Crude-Nears-85-As-Global-Energy-Crisis-Worsens.html

Posted by kevinobc > 2021-10-12 01:36 | Report Abuse

https://www.aljazeera.com/economy/2021/9/28/opec-says-oil-will-remain-no-1-despite-green-energy-push

Posted by kevinobc > 2021-10-12 07:30 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/10/12/oil-settles-up-15-hits-multi-year-highs-on-surging-demand

Posted by kevinobc > 2021-10-12 07:32 | Report Abuse

https://www.nst.com.my/business/2021/10/735603/bursa-hits-one-month-high-surging-oil-prices-interstate-resumption-lift

Posted by wallstreetrookie > 2021-10-12 15:13 | Report Abuse

Time to buy the dip

Posted by wallstreetrookie > 2021-10-12 15:14 | Report Abuse

Load up

Posted by wallstreetrookie > 2021-10-12 15:14 | Report Abuse

Brent is about to hit 100$

Posted by wallstreetrookie > 2021-10-12 15:15 | Report Abuse

Oil demand will return as economy reopens

Posted by wallstreetrookie > 2021-10-13 10:16 | Report Abuse

Buy again.

Posted by wallstreetrookie > 2021-10-13 10:18 | Report Abuse

Sentiment analysis algo at work again. Load up a truck

Posted by wallstreetrookie > 2021-10-13 11:56 | Report Abuse

Energy and consumer discretionary are the only safe haven in high interest rate environment

Posted by HaroldHuong > 2021-10-13 16:41 | Report Abuse

Too many want to jump out

Posted by Bgt 9963 > 2021-10-13 16:42 | Report Abuse

Down trend....!

Posted by profit profits > 2021-10-14 23:03 | Report Abuse

got conmen here or what ? why some comments missing ?

Posted by wallstreetrookie > 2021-10-15 07:42 | Report Abuse

Load up again.

Posted by wallstreetrookie > 2021-10-15 07:43 | Report Abuse

Hengyuan Refining Co. Maintain Overweight with a short term target of RM5.00 and medium term target of RM8.50

Posted by wallstreetrookie > 2021-10-15 07:43 | Report Abuse

Ovintiv Inc +2.55%

Posted by apple168 > 2021-10-15 12:49 | Report Abuse

https://www.chinapress.com.my/?p=2710094

Posted by kevinobc > 2021-10-15 14:14 | Report Abuse

https://www.investing.com/news/commodities-news/oil-prices-rise-on-tight-supply-set-for-weekly-gain-of-more-than-2-2644671

Posted by HaroldHuong > 2021-10-15 15:53 | Report Abuse

Up Down Up Down

Posted by wallstreetrookie > 2021-10-15 17:05 | Report Abuse

Happy weekend!

Posted by RezekiBanyak > 2021-10-15 18:31 | Report Abuse

All oil counters up, only hengyuan stagnant...

Posted by kevinobc > 2021-10-15 19:50 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/10/15/oil-prices-climb-more-than-3-set-for-multi-week-gains

Posted by NatsukoMishima > 2021-10-16 15:38 | Report Abuse

@RezekiBanyak All oil counters up, only hengyuan stagnant...


From rm 3.67 up until rm 4.98 in 1 month , apa lagi mau ???

Posted by RezekiBanyak > 2021-10-16 23:41 | Report Abuse

@Natsuko 3.67 > friday closing 4.81 only 30%.....but hibiscus and carimin both already 50%

Posted by Tobby > 2021-10-17 14:35 | Report Abuse

I think Pang72 is right about Petron! I may sell half of Hengyuan and buy Petron! Thanks for your tips! I didn't realise Petron is much more stable and profitable!

Posted by Tobby > 2021-10-17 14:37 | Report Abuse

As for Hengyuan, it may not go up as fast because investors want to see if Hengyuan turn profitable next quarter! Again, another amateur mistake from me! Haix, my skill is just not as good as it used to be! I think because of long gloom bursa outlook from 2018 to 2021 that my skill has suffer! Or maybe it's time for me to retire from bursa!

Posted by kevinobc > 2021-10-18 08:52 | Report Abuse

https://www.wsj.com/articles/crazy-bets-on-200-oil-invade-the-options-market-11634463002

Posted by Jack888 > 2021-10-18 08:57 | Report Abuse

Crude oil now 82.30 + 0.71%

Posted by Cakes Moon > 2021-10-18 09:19 | Report Abuse

With Brent stood at $85.50, crack spread $10.50, cars on the road, plane in the sky, Hengyuan might be a good bet.
Management already make 2 huge financial hedging losses, pray hard coming quarter to get a surprising eps of 115 cents.
Double edge sword.

Posted by RezekiBanyak > 2021-10-18 09:34 | Report Abuse

Semua naik, only Hengyuan turun....no eyes see

Posted by RezekiBanyak > 2021-10-18 09:38 | Report Abuse

lariii...sudah nak jatuh!!!!!!

Posted by RezekiBanyak > 2021-10-18 09:39 | Report Abuse

will not buy this counter anymore

Posted by profit profits > 2021-10-18 13:58 | Report Abuse

all the warrants of hengyuan ib going to loose money liao.

Posted by BursaRangers > 2021-10-18 23:19 | Report Abuse

https://klse.i3investor.com/blogs/BursaRangersResults/2021-10-18-story-h1592766908-BursaRangers_Daily_Technical_Picks_Review_18_October_2021.jsp

Posted by cK1973 > 2021-10-19 10:56 | Report Abuse

Relax, tunggu dulu. Let's give her some times ..... DEC???

Posted by kevinobc > 2021-10-19 19:08 | Report Abuse

https://www.investing.com/news/commodities-news/oil-prices-fall-as-weaker-china-growth-us-output-stoke-demand-concerns-2647429

Posted by kevinobc > 2021-10-19 22:16 | Report Abuse

https://www.thestar.com.my/aseanplus/aseanplus-news/2021/10/19/oil-prices-rise-on-china-energy-demand-concerns