Posted by wallstreetrookie > 2022-04-30 10:25 | Report Abuse

@probability
Stop with your holier-than-thou attitude. Everyone knows what crack spread means duh.
The longer crude oil trades flat or even drop, crack spread will keep going up. Hengyuan will never go back to RM10.00

Short term price target is RM6.50 max is RM7.00

Posted by wallstreetrookie > 2022-04-30 10:26 | Report Abuse

Understand the risk of investing in a mainland Chinese-owned business. This is merely a short term pump for funds to exit from the Hang Seng disaster

Posted by wallstreetrookie > 2022-04-30 10:26 | Report Abuse

Take profit if it reaches RM7

Posted by Alextan916 > 2022-04-30 10:36 | Report Abuse

Technically, it is at the beginning of bull run. Target should be break new high.

Posted by wallstreetrookie > 2022-04-30 10:46 | Report Abuse

Hengyuan bull run serves as a good distraction from palm oil bull run.
Buying Hengyuan is equivalent to betting against crude oil.

Posted by wallstreetrookie > 2022-04-30 10:49 | Report Abuse

People use this as a hedge against crude oil. Not because of any catalyst because there is in fact no catalyst for oil refineries. 100% gambling

Posted by wallstreetrookie > 2022-04-30 10:58 | Report Abuse

I only have 30 lots in Hengyuan. I am not convinced of the crack spread bull run.

Posted by probability > 2022-04-30 11:16 | Report Abuse

i welcome everyone to voice their opinion, as long as they have access to real current refining margin information like i do

.........


@pang72, valueguru, cactus81, kl-guy etc who have been here for sometime, a very shocking news is unfolding...

like what valueguru said, i have access to some powerful tool to know the current margin of refinery and just within last 3 days it had exploded to a value no one would belief...

this will come to surface from news soon

as such please hold on tight for a few weeks no matter what (roller coaster ride we may face) as its possible that HRC price breaks RM 10 very very soon

Posted by pang72 > 2022-04-30 12:00 | Report Abuse

Wallstreetrookie,
Cool down...
Hrc will be king of bursa soon..
Let's witness with your 30 lots of hengyuan shares

Posted by pang72 > 2022-04-30 12:01 | Report Abuse

Probability,
I am here since 3.8 to 4.5 with apple168.... Buy, sell, buy, sell..

NOW HAS ONLY ONE BUTTON TO TEKAN. PANIC BUY!!

Posted by pang72 > 2022-04-30 12:06 | Report Abuse

Next week will ride even fierce

Posted by pang72 > 2022-04-30 12:27 | Report Abuse

wallstreetrookie

Take profit if it reaches RM7

1 hour ago

DONT TRADE HRC..
INVEST IN GOOD VALUE STOCK

Posted by pang72 > 2022-04-30 12:42 | Report Abuse

Both Dow and nasdaq crash again yesterday.
Crack moves record high.
People will panic sell all shares and move to refinery next week.
Hope you see the points.
As we emphasize that hrc will move even higher after long holiday because people start to calculate the eps during this holiday..

Posted by Macrullen > 2022-04-30 12:50 | Report Abuse

Pang, where can I check these crack spread ?

Posted by Macrullen > 2022-04-30 13:44 | Report Abuse

Thank you, Pang. Gratitude.

Posted by cactus81 > 2022-04-30 16:31 | Report Abuse

Bursa only resume on Thursday. Not sure what will happen these few days. Enjoy the holiday!

Posted by James Ng > 2022-04-30 22:10 | Report Abuse

https://klse.i3investor.com/blogs/general/2022-04-30-story-h1622379283.jsp
[转贴] [Video:浅谈HENGYUAN REFINING COMPANY BERHAD, HENGYUAN, 4324] - James的股票投资James Share Investing

Posted by wallstreetrookie > 2022-05-01 12:11 | Report Abuse

Singapore Dubai Hydrocracking Refinery Margin honestly looks like a pump and dump chart

Posted by wallstreetrookie > 2022-05-01 14:43 | Report Abuse

Warren Buffett boosted stakes in Chevron. But we still have traders betting against crude oil.

Posted by 888STOCK888 > 2022-05-01 14:54 | Report Abuse

You apple? Lol

Posted by 888STOCK888 > 2022-05-01 14:55 | Report Abuse

Really??? Warren has been buying oil in big $$$ since 3 months ago and he is going to buy more wo....

https://www.forbes.com/sites/annakaplan/2022/04/30/buffett-laments-lack-of-good-investing-targets-as-berkshire-reveals-big-bet-on-oil/

Hengyuan share price hits RM18 back in 2017/2018 when oil price was $60++

Now oil price is constantly trading above $100, what's the new target price? RM38??? RM18. 88 also not bad. =D

Posted by 888STOCK888 > 2022-05-01 14:59 | Report Abuse

Hengyuan share up liao, now got more room for share margin, people will bet big.... 38.88 also coming... If every quarter profit is 500mil+++

Posted by information > 2022-05-01 15:18 | Report Abuse

just the currency USD-MYR effect already expand its margin by 10%, before considering any crack spread expansion

Posted by pang72 > 2022-05-01 21:19 | Report Abuse

888STOCK888

Hengyuan share up liao, now got more room for share margin, people will bet big.... 38.88 also coming... If every quarter profit is 500mil+++

I WANNA GIVE THEN RM21 TARGET FIRST, E SAI BOH?

Posted by pang72 > 2022-05-01 21:21 | Report Abuse

https://www.sinchew.com.my/?p=3772953

IS HENGYUAN PROFIT 3X UP DURING THIS RAYA, SO MANY CARS PUMPING PETROL?

Posted by pang72 > 2022-05-01 21:23 | Report Abuse

Hengyuan utilisation 100%
Got any Sifus employ spy at hengyuan gurad house check stock or not?
I always hear got extremely people camping outside one wo?

Posted by kl_guy > 2022-05-02 11:47 | Report Abuse

https://oilprice.com/Latest-Energy-News/World-News/Diesel-In-Crisis-Mode-As-Prices-Break-Records.html
Look like Hengyuan earning will be great on Aug quarterly report.
Rm18.00 ada chance.

Posted by 888STOCK888 > 2022-05-02 17:15 | Report Abuse

pang72


888STOCK888

Hengyuan share up liao, now got more room for share margin, people will bet big.... 38.88 also coming... If every quarter profit is 500mil+++

I WANNA GIVE THEN RM21 TARGET FIRST, E SAI BOH?

Beh sai la....

https://www.statista.com/statistics/326017/weekly-crude-oil-prices/

My expectation Jan to Mar....Net profit is 500m+++ EPS- 1.++ given oil price was about USD$90...enough for share price to hit 18.88

April - June oil average price will be above USD$100.... best scenario next quarter net profit will be 800mil??? EPS-2.00..... share price can hit RM68.88 lo....

There are some fund managers from neighbouring country accumulated many HY shares ma.... their money so strong.... HY only have 400mil shares....so easy to goreng.... unless the company wants to give bonus shares but unlikely lo....

Posted by 888STOCK888 > 2022-05-02 17:17 | Report Abuse

Hengyuan share price hits RM18 back in 2017/2018 when oil price was $60++

Now oil price is constantly trading above $100, it should hit RM38.88 lo

Posted by aleroe > 2022-05-03 08:56 | Report Abuse

https://www.tradingview.com/symbols/NYMEX-D1N1%21/

Crack spread exceeded 23.0

Posted by gemfinder > 2022-05-03 09:14 |

Post removed.Why?

Posted by JayC88 > 2022-05-03 09:26 | Report Abuse

no analyst/funds cover yet... do you know what the funds are busy doing now? before writing a report? hehe!

Posted by pang72 > 2022-05-03 10:14 | Report Abuse

Hahaha..
Usd23 liao...

Posted by pang72 > 2022-05-03 10:15 | Report Abuse

Fund always sleeping one..

Posted by JayC88 > 2022-05-03 11:12 | Report Abuse

aiyo pang72, u don't get what i am hinting.... when a fund come out report, too late liao. why they have not come out with a report?... guess what they doing now? haha..

Posted by pang72 > 2022-05-03 14:31 | Report Abuse

JayC,
I got you.
This IBs are the same con one..
Quietly buy to full load then issue call warrant, write report..
I will anticipate above rm10 then report will out lo

Posted by 888STOCK888 > 2022-05-03 14:49 | Report Abuse

want to buy call warrant must buy C25..... many go chase after C24 because of cheaper price but not aware of the conversion value.... the IBs are going to issue more call warrants with higher conversion price.... so must do home work before buy.... very high risk and very high return.... good luck on Thursday!!! =D

Posted by wallstreetrookie > 2022-05-03 21:05 | Report Abuse

But who cares, it is too late anyways

Posted by wallstreetrookie > 2022-05-03 21:06 | Report Abuse

The best call warrant for Hengyuan (strike price, maturity, balanced premium) is C22

Posted by pang72 > 2022-05-04 08:19 | Report Abuse

Crack usd24. 7 up 5 more %!!
Hrc rocket up to moon tmr..

Limit up limit up up, ok kah??

Posted by JayC88 > 2022-05-04 08:29 | Report Abuse

yalo. valero also up near ath already. hengyuan should catch up!

Posted by gemfinder > 2022-05-04 09:04 |

Post removed.Why?

Posted by kl_guy > 2022-05-04 09:40 | Report Abuse

tommorrow target rm8.00 no problem .

Posted by JayC88 > 2022-05-04 09:44 | Report Abuse

limit up is 7.55 la

Posted by pang72 > 2022-05-04 09:47 | Report Abuse

Let's aim for rm7. 55 limit up price for tmr

Posted by samchong6891 > 2022-05-04 11:11 | Report Abuse

Where to see crack pang72?

Posted by aleroe > 2022-05-04 11:24 | Report Abuse

Wow — another ATH for crack spread

Posted by aleroe > 2022-05-04 11:24 | Report Abuse

Excited to see HRC price action for tomorrow — maybe LU is in the cards

Posted by papazola1920 > 2022-05-04 11:42 | Report Abuse

Tomorrow gap up!

Posted by gemfinder > 2022-05-04 12:22 | Report Abuse

Not to forget petron oso ya