Posted by Silemak > 2022-04-27 13:54 | Report Abuse

As from record total only 600+ k shares done. I wonder how many shares are you selling/ buying?? 5,000 shares??? Volume not big enough to affect the pricing .

Posted by JayC88 > 2022-04-27 13:59 | Report Abuse

@Silemak, syok sendiri only... they all paper trading.

Posted by Silemak > 2022-04-27 14:41 | Report Abuse

Post covid syndrome. If u take seriously very soon we also gila!!!! Must be day dreaming!!!

Posted by Macrullen > 2022-04-27 15:12 | Report Abuse

If u do have fren like Apple in real life, do believe me don’t get close to them. They will make u loss in trading journey in long term.

Posted by JayC88 > 2022-04-27 15:15 | Report Abuse

4.80 Q got 62 sellers lol... now we know Apple only buy 1 lot

Posted by 888STOCK888 > 2022-04-27 16:26 | Report Abuse

Expecting KYY to write blog about HY soon.... =D

Posted by Macrullen > 2022-04-27 16:45 | Report Abuse

Ya, clear 4.8 1 shot. Apple get out from our sight. Don’t buat bisik here

Posted by Johnnychieng12 > 2022-04-27 16:47 | Report Abuse

bye apple

Posted by 888STOCK888 > 2022-04-27 16:47 | Report Abuse

yeah..... apple go sleeping and buy back at 5.50 later

Posted by JayC88 > 2022-04-27 16:48 | Report Abuse

heng ahhhhhh.... later apple come back say "bought back again!"

Posted by JayC88 > 2022-04-27 16:49 | Report Abuse

tomorrow if up, means apple already bought 4.81 today after selling 4.80
tomorrow if down, apple already sold her 1 lot total.

Posted by tehka > 2022-04-27 16:53 | Report Abuse

1503 lot eaten up just like that? Might be a certain "superinvestor"

Posted by pang72 > 2022-04-27 16:58 | Report Abuse

Hahaha..
Apple168, why you sell your precious Hengyuan shares leh?
It is in high demanding now in veiw of Sifus buy call leh..

Posted by pang72 > 2022-04-27 16:59 | Report Abuse

1503 lots of rm4. 80 being bought in one shot..
Apple168 queue sell were matched in last minutes..

Posted by pang72 > 2022-04-27 17:00 | Report Abuse

I am sure superinvestor will buy more, whoever selling will regret to buy higher lo

Posted by probability > 2022-04-27 17:12 | Report Abuse

Refining margins have hit a high on the back of record-high diesel spreads. Singapore complex hovered between $ 19-20/bbl last week, while diesel spreads have been between $ 40-45/bbl.

https://www.5paisa.com/tamil/blog/indian-omcs-refining-margin-spike-to-continue

Posted by probability > 2022-04-27 17:20 | Report Abuse

Hurricane Harvey in 2017 had only momentarily made the crack spread to shoot up about 16 USD/brl....
This 2022 Russia-Ukraine war and China refined oil export tax has triple the power of the hurricane now. They say this can last for 3 years...

Posted by probability > 2022-04-27 17:38 | Report Abuse

If this prolongs for a few more months, Earnings can actually exceed the entire market cap of HRC... it will be flushed with cash for expansion. NTA will hit RM 10 easily by end of June.

Posted by JayC88 > 2022-04-27 17:38 | Report Abuse

lucky to have picked up just below 4... can hodl and watch drama

Posted by jackfruit > 2022-04-27 17:42 | Report Abuse

Apple see you at above 5.00 level. U very lucky buy high sell higher.

Posted by pang72 > 2022-04-27 17:54 | Report Abuse

Thanks probability good sharing!!

Posted by apple168 > 2022-04-27 18:06 | Report Abuse

We hv many trading accounts… those shortsighted investors, only think there were many sellers but actually those accounts belong to few individuals… innocent indeed!

Posted by pang72 > 2022-04-27 18:12 | Report Abuse

Any Congrate apple168 taking profit. It is good move. Nobody know.
However, we believe the coming Superd Profit will lead hrc to another high.
How high? Refer to 2017 glory time..
Check yourself

Posted by apple168 > 2022-04-27 18:34 | Report Abuse

Wish you all, all the best… we need to convert ringgit back to Singapore dollar asap, expecting ringgit to plunge further

Posted by apple168 > 2022-04-27 18:35 | Report Abuse

Forseeing 1 Singapore dollar to 3.80 to 4.00 ringgit…

Posted by probability > 2022-04-27 18:39 | Report Abuse

@apple168, FYI... HRC is beneficiary of weakening RM against USD

The crack spread is in USD/brl and HRC margin (to Shell retail) is fixed on the Singapore crack spread

Posted by apple168 > 2022-04-27 19:01 | Report Abuse

No choice, higher authority asking us to pull out from KLSE… Good Luck all!

Posted by probability > 2022-04-27 19:03 | Report Abuse

@apple168, i test your maths intelligence..can you see the error in KYY's EPS derivation on point - 02 on the link you provided...? :)

Posted by probability > 2022-04-27 19:06 | Report Abuse

https://klse.i3investor.com/web/blog/detail/koonyewyinblog/2021-11-09-story-h1593748000-Never_buy_stocks_in_anticipation_of_future_profit_Koon_Yew_Yin

Posted by apple168 > 2022-04-27 19:07 | Report Abuse

Is ok… not going to buy back for now… not my decision… higher authority… good luck to all the HY mates…

Posted by probability > 2022-04-27 19:09 | Report Abuse

thanks for the wishes apple168

Posted by pang72 > 2022-04-27 19:11 | Report Abuse

Apple168, then too bad for you because you force to sell.
Then, you can see us celebrating only

Posted by pang72 > 2022-04-27 19:14 | Report Abuse

02. For your information, HengYuan refinery capacity is 156000 barrel a day, compared with Petron M capacity of 88000 barrels per day. Let's look at the refinery margin for HengYuan at USD 10 per barrel.

Simple calculation for HengYuan Profit

156000 barrel x USD 10 x 4.16 (conversion) x 30 days = RM 194.6 million (translating to EPS of at least 50 cents)

50cents x 4 quarter = 200 cents

This brings HengYuan forward PE of merely 2.1 with the current share price of 4.2+

Posted by pang72 > 2022-04-27 19:15 | Report Abuse

Above is pt2 given in the article which is happening now

Posted by pang72 > 2022-04-27 19:15 | Report Abuse

Look simple but timing is crucial

Posted by probability > 2022-04-27 19:18 | Report Abuse

@pang72, there are two errors on the above derivation from KYY posting..

1) EPS calculated above of 50 cents is per month (30 days) not per qtr
2) Refining margin obtained from average crack spread of all products including gasoline & diesel, has to be deducted with 'break even' margin (the cost of production per barrel).

Posted by pang72 > 2022-04-27 19:24 | Report Abuse

One month's 50c, 1 QR rm1. 50..?? Unbelievable!!

Posted by pang72 > 2022-04-27 19:25 | Report Abuse

I refer to previous QR 50c as minimum benchmark can lead to huge earning for 2022..

Posted by pang72 > 2022-04-27 19:33 | Report Abuse

Rm1. 50 per QR is bursa super star later.

Posted by apple168 > 2022-04-27 19:49 | Report Abuse

We are happy to all earning money in the COVID endemic phase… thank you very much Pang72 for your understanding… will miss all of HY mates! See ya in one day!

Posted by gemfinder > 2022-04-27 19:54 |

Post removed.Why?

Posted by probability > 2022-04-27 21:30 | Report Abuse

https://money.usnews.com/investing/news/articles/2022-04-26/valero-kicks-off-u-s-refiners-first-quarter-earnings-with-profit

Refiners' earnings are expected to remain strong in coming quarters as sanctions on Russia following its invasion of Ukraine have cut global product inventories at a time when fuel demand has rebounded to near pre-pandemic levels. In addition, numerous facilities have closed in the last year, boosting profitability for existing refiners.

Valero's quarterly refining margin more than doubled to $3.21 billion from a year earlier.

Posted by probability > 2022-04-27 22:28 | Report Abuse

https://www.reuters.com/article/s-oil-results/update-1-s-koreas-s-oil-sees-q2-refining-margins-staying-firm-on-seasonal-demand-idUKL2N2WP08C

S-Oil reported an operating profit of 1.3 trillion won for the first quarter, up 112% from the year-ago period.

The company said it operated the crude distillation units at its 669,000 barrels-per-day refinery in the southeastern city of Ulsan at 99.6% of capacity on average in the January-March period, up from 98.7% in the fourth quarter.

...........

thats approximately 440 million RM for a 67,000 bpd capacity

Posted by probability > 2022-04-27 22:33 | Report Abuse

RM 440M per qtr for 67000 bpd (6 million barrels per qtr)

That means approximately USD 17 per barrel profit margin

Posted by pang72 > 2022-04-27 22:38 | Report Abuse

probability

RM 440M per qtr for 67000 bpd (6 million barrels per qtr)

That means approximately USD 17 per barrel profit margin

18 seconds ago

THIS IS FAIRLY IMPORTANT INFORMATION FOR HENGYUAN INVESTORS. EVERYONE SALIVA SHLD BE OUT FOR SEEING SUCH A GREAT MARGIN.

Posted by probability > 2022-04-27 22:42 | Report Abuse

@pang72, on the same article they already mention the below:

Refining margins in Singapore, bellwether for profits at export-oriented refineries in Asia, hit an all-time high of $19.12 a barrel in April as Western sanctions hit Russian supplies while global oil inventories are at multi-year lows.

Purely FYI, the current margin is even higher than above but i will not disclose at the moment

Posted by kl_guy > 2022-04-27 22:55 | Report Abuse

do your own math , last quater report 60sen eps . This quarter will be more than 60sen . if 2 quarter add together already RM1.20 eps ....which PE is 4.80/1.20=4 .
Don't listen to people like KYY , don't look at future earning. I wonder is he a investor or gambler ?

Posted by pang72 > 2022-04-27 22:56 | Report Abuse

Thank you probability.
I am afraid to hv huge stock up of hrc shares tommorow onward. This calls PANIC BUYING!!

Posted by pang72 > 2022-04-27 22:56 | Report Abuse

Every fact and figures show the return of hengyuan like 2017.

Posted by James_Bond > 2022-04-27 22:57 | Report Abuse

Welcome all to board the HengYuan Titanic Spaceship to the Moon!