HENGYUAN REFINING COMPANY BERHAD

KLSE (MYR): HENGYUAN (4324)

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Last Price

2.39

Today's Change

-0.01 (0.42%)

Day's Change

2.38 - 2.42

Trading Volume

737,900


33 people like this.

123,784 comment(s). Last comment by yongyong88 13 hours ago

subwayzzz

1,062 posts

Posted by subwayzzz > 2022-03-15 15:42 | Report Abuse

nothing to see here.
sleep now and come back again 2 months later when Q1 2022 report is out.

Posted by profit profits > 2022-03-15 16:02 | Report Abuse

how to short hy for retailers ?

apple168

6,236 posts

Posted by apple168 > 2022-03-15 16:35 | Report Abuse

That’s right, short9e

subwayzzz

1,062 posts

Posted by subwayzzz > 2022-03-15 16:38 | Report Abuse

weak.
IB love when retail traders sell slow and buy high.

Posted by profit profits > 2022-03-15 16:42 | Report Abuse

talk cheap, retailers cannot short hy, so lets long hy instead.

when other are fearful, time to be greedy

apple168

6,236 posts

Posted by apple168 > 2022-03-15 16:44 | Report Abuse

Chart will not lie, downtrend means dump HY!

subwayzzz

1,062 posts

Posted by subwayzzz > 2022-03-15 16:48 | Report Abuse

profit is right.
just buy all the way down and squeeze the shorts!

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-03-16 15:17 | Report Abuse

Lai liao

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-03-16 15:18 | Report Abuse

Even with oil price at $100, HY will huatt gao gao

apple168

6,236 posts

Posted by apple168 > 2022-03-16 15:54 | Report Abuse

Short HY, not long…

kl_guy

1,476 posts

Posted by kl_guy > 2022-03-16 17:10 | Report Abuse

with more country open up their border , more flight on the sky.
Oil consumption is on the rise with or without russian - ukraine conflict.

subwayzzz

1,062 posts

Posted by subwayzzz > 2022-03-16 22:43 | Report Abuse

Buy HY heng ong huat.
2 more weeks to end Q1!

Posted by Johnnychieng12 > 2022-03-17 00:50 | Report Abuse

buy in may not now

Posted by profit profits > 2022-03-17 05:56 | Report Abuse

HY profit is base on oil consumption, with increasing ekonomy activities, chengbeng, raya puasa and tourism , all set to use more fuel.

freddiehero

16,715 posts

Posted by freddiehero > 2022-03-17 07:10 |

Post removed.Why?

subwayzzz

1,062 posts

Posted by subwayzzz > 2022-03-17 08:31 | Report Abuse

Ship has sailed if you buy in may. Now is the time.
It’s now or never... I’m gonna ride this wave first.

kl_guy

1,476 posts

Posted by kl_guy > 2022-03-17 08:50 | Report Abuse

https://says.com/my/seismik/pengeluaran-khas-kwsp-boleh-dimohon-mulai-1-april-bayaran-akan-dibuat-pada-20-april-ini
Election coming, all good news be out . share market will be hot. Goreng time.

subwayzzz

1,062 posts

Posted by subwayzzz > 2022-03-17 09:07 | Report Abuse

that's right.
FRY TIME.
US interest rate hiked, russian soldiers died so many and need to order humans from syria, fears have come down. it's fry time!

kl_guy

1,476 posts

Posted by kl_guy > 2022-03-17 09:52 | Report Abuse

Hengyuan already fully control by syndicate . Volume very low even market hot.

abc333

1,522 posts

Posted by abc333 > 2022-03-17 10:06 | Report Abuse

Just as oil producers and consumers have the ability to hedge their exposure to volatile petroleum prices, refiners have the ability to hedge their exposure as well. In fact, one could argue that refiners face an even greater need to hedge than producers and consumers as their profit margins are based on the price of not one commodity, but at least two and often several: the price of their input (crude oil) as well as their outputs (bunker fuel, heating oil, gasoline, diesel fuel, gasoil, jet fuel, etc.). In order to mitigate their exposure to crack spread price volatility, many refiners hedge the crack spread by purchasing crude oil futures or swaps and simultaneously selling refined products futures or swaps as the results allows the refiner to lock-in or fix the refining margin.
https://www.mercatusenergy.com/blog/bid/72741/an-introduction-to-crack-spread-hedging#:~:text=In%20order%20to%20mitigate%20their,or%20fix%20the%20refining%20margin.

subwayzzz

1,062 posts

Posted by subwayzzz > 2022-03-17 10:14 | Report Abuse

wow. petron still no transaction after 1 hour

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-03-17 10:51 | Report Abuse

Get ready

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-03-17 10:52 | Report Abuse

=D

apple168

6,236 posts

Posted by apple168 > 2022-03-17 12:43 | Report Abuse

Dumpster will buy HengYuan.. we winning big other counters in Bursa… haha…

apple168

6,236 posts

Posted by apple168 > 2022-03-17 12:43 | Report Abuse

Get ready to lose more!

apple168

6,236 posts

Posted by apple168 > 2022-03-17 13:13 | Report Abuse

Lesson to learn: Do not buy downtrend stock!

abc333

1,522 posts

Posted by abc333 > 2022-03-17 15:08 | Report Abuse

With such high crack spread , HY make a lot of money at physical market but may loss in hedging
Assume crack spread profit 513 m
hedging loss 250m
inventory gains for Jan -Feb= 256m
lets see is this Q can challenge HY highest EPS Record of 120.59 in 2017?

apple168

6,236 posts

Posted by apple168 > 2022-03-17 15:17 | Report Abuse

Dump dump dump HY!

apple168

6,236 posts

Posted by apple168 > 2022-03-17 15:20 | Report Abuse

All the crack spread data are subjecting to hedging which resulting in huge loss of HY! We witnessed it few times in the past QR!

apple168

6,236 posts

Posted by apple168 > 2022-03-17 15:28 | Report Abuse

If HY future profit is dam good, why the share price in downtrend? Smells sh*t in business…

apple168

6,236 posts

Posted by apple168 > 2022-03-17 16:16 | Report Abuse

Short HY, not long!

apple168

6,236 posts

Posted by apple168 > 2022-03-17 16:22 | Report Abuse

Dumb dumb dumb HY, short HY! Short9e!

kl_guy

1,476 posts

Posted by kl_guy > 2022-03-17 17:13 | Report Abuse

apple168 , are sure got short meh ?
why no rss and idss on HengYuan ? only 260.8K traded

apple168

6,236 posts

Posted by apple168 > 2022-03-17 19:29 | Report Abuse

You buy, we dump… see who win… haha…

Posted by Johnnychieng12 > 2022-03-17 19:52 | Report Abuse

how come brend oil can up to 104again, the supply is sufficient right

kl_guy

1,476 posts

Posted by kl_guy > 2022-03-17 20:37 | Report Abuse

https://www.tradingview.com/symbols/NYMEX-D1N1%21/
mogas 92 up again

Posted by Johnnychieng12 > 2022-03-17 20:38 | Report Abuse

tmr morning still got cheap ticket or not

Posted by Johnnychieng12 > 2022-03-17 20:38 | Report Abuse

hard to enter keep pushing without dropping this 2days

subwayzzz

1,062 posts

Posted by subwayzzz > 2022-03-17 21:46 | Report Abuse

HY sacked the previous risk management committee head who lost bets, replaced with mainland Chinese. With mainland Chinese in place, they sure have first hand info.

apple168

6,236 posts

Posted by apple168 > 2022-03-17 21:51 | Report Abuse

All the crack spread data are subjecting to hedging which resulting in huge loss of HY! We witnessed it few times in the past QR! Read this x1000000000000000000000000000000000000000000 before you click the buy button!

Posted by profit profits > 2022-03-17 23:34 | Report Abuse

running dogs in ib are worrying retailers long hy , so they come out to spread all kind of -ve news. regardless oil price up or down, so long as consumption increase, hy and petronm going to be profitable in long run.

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-03-18 01:04 | Report Abuse

Oil is on the way to $200

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-03-18 01:28 | Report Abuse

If you understand Petrodollar, you'll know why oil exporting countries or big oil import countries try to do away USD in trading oil will kena sabotage with all cost.

US & UK are wrestling with Russia & China now as they are wanting to trade oil with other major currency. Iran find it as an opportunity to rise up against the US as they get support from the major oil import countries.

What will happen to the oil price?

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-03-18 01:47 | Report Abuse

https://www.wsj.com/articles/india-to-buy-russian-oil-at-discount-amid-ukraine-war-11647446532

India is going to buy oil from Russia with Rupee.... US sent gentle reminder to India with warning sign...???? What a gentle reminder...

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-03-18 01:54 | Report Abuse

back then US was like superpower backed by NATO. china/russia/india was still in recovering phase.
now for US to try pull a iraq/libya event again is hard.
can say russia path a way for other countries to move away from petrodollar, while china and india testing waters :)

subwayzzz

1,062 posts

Posted by subwayzzz > 2022-03-18 08:40 | Report Abuse

sharp drop in price of HY is an act of ib to get weak retail traders to sell their shares out of fear and margin traders so they can accumulate. to them, why buy high when you can manipulate the market and weak retail traders to get cheaper price?

abc333

1,522 posts

Posted by abc333 > 2022-03-18 09:29 | Report Abuse

when oil price down, worry about inventory loss. when oil price up, worry about high operation cost.
crack spread up, hedging loss, crack spread down, business loss
No matter how you think. HY made huge profit in this quarter as they earn big in inventory gains and advantage of crack spread.

apple168

6,236 posts

Posted by apple168 > 2022-03-18 10:20 | Report Abuse

All the crack spread data are subjecting to hedging which resulting in huge loss of HY! We witnessed it few times in the past QR! Read this x1000000000000000000000000000000000000000000 before you click the buy button!

subwayzzz

1,062 posts

Posted by subwayzzz > 2022-03-18 10:47 | Report Abuse

someone got butthurt obviously when we long HY.

maybe he/she got fired from HY recently.

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