HENGYUAN REFINING COMPANY BERHAD

KLSE (MYR): HENGYUAN (4324)

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Last Price

2.40

Today's Change

0.00 (0.00%)

Day's Change

2.38 - 2.42

Trading Volume

378,200


33 people like this.

123,783 comment(s). Last comment by Vdhawan 1 day ago

subwayzzz

1,062 posts

Posted by subwayzzz > 2022-05-09 17:04 | Report Abuse

Ggwp everyone

subwayzzz

1,062 posts

Posted by subwayzzz > 2022-05-09 17:06 | Report Abuse

These greedy pigs will sit in lambo and speed off before slaughter knife is on them. Hahaha

Posted by blackgold77 > 2022-05-09 17:07 | Report Abuse

8.69 LU price tmr

Posted by blackgold77 > 2022-05-09 17:08 | Report Abuse

this asamfinder found some very sour asam

Sslee

5,586 posts

Posted by Sslee > 2022-05-09 17:13 | Report Abuse

No new addition refining capacity coming to market because in future you will be driving an EV car.
So enjoy the refining margin while you still can.

Kukubai

106 posts

Posted by Kukubai > 2022-05-09 17:15 | Report Abuse

China boss just called me that they wanna goreng it to above 7.00 tomorrow.

klee

3,174 posts

Posted by klee > 2022-05-09 17:23 | Report Abuse

one step at a time...break 7.33 first....let the tokok ppl tok their own koks...

klee

3,174 posts

Posted by klee > 2022-05-09 17:24 | Report Abuse

me like assam laksa.....wakaka

subwayzzz

1,062 posts

Posted by subwayzzz > 2022-05-09 17:24 | Report Abuse

EV car erasing refining margin? Maybe I can purchase EV car 10 years later with today’s hengyuan profit! Haha!

clouud1234

937 posts

Posted by clouud1234 > 2022-05-09 17:30 | Report Abuse

Congratulations

Sslee

5,586 posts

Posted by Sslee > 2022-05-09 17:39 | Report Abuse

Most likely if crack spread can maintain at this level till end of year then many Hengyuan investors can buy a new Tesla or BMW EV car before CNY.

klee

3,174 posts

Posted by klee > 2022-05-09 17:47 | Report Abuse

sslee,u forgot diesel is the life blood of industries,apa auto usage only...

klee

3,174 posts

Posted by klee > 2022-05-09 17:50 | Report Abuse

dow n sp500 forever trending lower,hrc forever trending higher...apple 168,u ever heard of relative strength or green gem within red sea....i expect not as u sounded like half baked

klee

3,174 posts

Posted by klee > 2022-05-09 17:51 | Report Abuse

paperplane,u belong to the past era,u r out oledi...

probability

14,463 posts

Posted by probability > 2022-05-09 17:54 | Report Abuse

sifu sslee who had once shaken the management of HRC has now endorsed Hengyuan already...
great news
Posted by Sslee > 5 minutes ago | Report Abuse

Most likely if crack spread can maintain at this level till end of year then many Hengyuan investors can buy a new Tesla or BMW EV car before CNY.

klee

3,174 posts

Posted by klee > 2022-05-09 17:57 | Report Abuse

forgive me,sslee maybe an intelligent man but when it comes to stocks,he can hardly be called sifu....hahaha

Sslee

5,586 posts

Posted by Sslee > 2022-05-09 17:57 | Report Abuse

EU dare not sanction Russia NG. Because alternative to NG is diesel.

Tobby

7,397 posts

Posted by Tobby > 2022-05-09 18:08 | Report Abuse

Posted by Sslee > May 9, 2022 5:13 PM | Report Abuse

No new addition refining capacity coming to market because in future you will be driving an EV car.
So enjoy the refining margin while you still can.

Answer : This year saw many EV been introduce in Malaysia! I heard all soldout! Hyundai EV was snapped up so fast! Good start! Maybe 5 years from now, almost all sales will be EV!
As for Hengyuan, enjoy the harvest! We may never see this ever again as EV replace ICE cars!

VTrade

2,434 posts

Posted by VTrade > 2022-05-09 18:35 | Report Abuse

Who dare to idss? Who?

Johnzhang

3,068 posts

Posted by Johnzhang > 2022-05-09 19:05 | Report Abuse

Do IDSS on HY is tantamount to suicide . Hahaha

Posted by blackgold77 > 2022-05-09 19:42 | Report Abuse

apple always idss HY... but in excel sheets only, not actual trading

subwayzzz

1,062 posts

Posted by subwayzzz > 2022-05-09 19:46 | Report Abuse

Huat chai

mf

28,401 posts

Posted by mf > 2022-05-09 19:47 | Report Abuse

Putin blames the West for Ukraine war in ‘Victory Day’ speech

Posted by blackgold77 > 2022-05-09 19:48 | Report Abuse

omg even mf is here.. this time party liao

subwayzzz

1,062 posts

Posted by subwayzzz > 2022-05-09 19:51 | Report Abuse

West blame Putin, Putin blame west

Malaysia gain from the battle of gajah

Huat chai

Ravi Kumar

3,602 posts

Posted by Ravi Kumar > 2022-05-09 20:03 | Report Abuse

Malaysia has about 17.5 million registered vehicles. How many EV's are coming to Malaysia?? EV's have been in US for more than 5 years all ICE replaced b EV??? Really???? Gimme a break

Posted by Sslee > May 9, 2022 5:13 PM | Report Abuse

No new addition refining capacity coming to market because in future you will be driving an EV car.
So enjoy the refining margin while you still can.

Answer : This year saw many EV been introduce in Malaysia! I heard all soldout! Hyundai EV was snapped up so fast! Good start! Maybe 5 years from now, almost all sales will be EV!
As for Hengyuan, enjoy the harvest! We may never see this ever again as EV replace ICE cars!

subwayzzz

1,062 posts

Posted by subwayzzz > 2022-05-09 20:07 | Report Abuse

Yes. Ravi is right. EV car technology is still at infantile stage while ICE tech is very mature and last long.

kl_guy

1,476 posts

Posted by kl_guy > 2022-05-09 20:09 | Report Abuse

When KYY say bad about HengYuan is time to buy more . Bcos diam diam sendiri beli .
I very bullish Hengyuan coming quarterly result will be 90sen which make 60sen+90sen = rm1.50 . PE of 4 . this is way undervalue.

klee

3,174 posts

Posted by klee > 2022-05-09 20:35 | Report Abuse

Thanks investing bursa.

klee

3,174 posts

Posted by klee > 2022-05-09 20:37 | Report Abuse

In 5 yrs ev takeover conventional cars? This joker ngap tak chau ngap.

zeroxweng

129 posts

Posted by zeroxweng > 2022-05-09 21:00 | Report Abuse

https://youtu.be/QWSQ5x3yda8

VTrade

2,434 posts

Posted by VTrade > 2022-05-09 23:38 | Report Abuse

Hy much stable
Rss is better than idss
Anyway rss also loss money
(If Atr increase lagi then apple may win)
Blackgold able to know idss info early, very nice.

Posted by profit profits > 2022-05-09 23:44 | Report Abuse

malaysia electricity generated by burning forsil fuel lah, what ev ? old cars also we are unable to force people to condemn, how to change everything to ev ?

probability

14,463 posts

Posted by probability > 2022-05-09 23:44 | Report Abuse

"Refinery margins could nearly double and be sustained at high levels for the next half-decade, with global fuel markets seeing sustained lower supply due to a lack of investments," the brokerage stated.

........

Global research firm Morgan Stanley on Monday said that Reliance Industries Ltd is on a path towards a $20 billion-plus EBITDA

https://www.livemint.com/companies/news/ril-to-clock-20-bn-plus-ebitda-by-end-2022-says-morgan-stanley-11652095391914.html

Posted by AtomicHabits > 2022-05-10 00:36 | Report Abuse

Actual what SSlee comment is correct , so No new co or existing refineries dare to invest in this sector , the crack spread will continue to grow higher until a day where supply cover demand or exceeded demand , by then only crack spread will reverse the trend , but how long or how many years will this happen ?

subwayzzz

1,062 posts

Posted by subwayzzz > 2022-05-10 01:02 | Report Abuse

Global addict on oil won’t go away in our lifetime. You need plenty of petroleum to make lubricants, various plastic products etc economically. You only have EV cars. What about the current bulldozer, excavator, tractors, trucks, ships, boats, aircrafts, etc ? Do we have a technology in the next 10 years to shift these equipment from using petroleum products to EV ?

subwayzzz

1,062 posts

Posted by subwayzzz > 2022-05-10 01:07 | Report Abuse

We import so many recond cars from Japan as we speak and these cars can be on the road for the next 20 years without much problem . We can’t even design our own vehicles and we only buy a old obsolete model blueprint from China and Japan and reproduce them here. EV is still very far from us.

upshare

3,239 posts

Posted by upshare > 2022-05-10 06:07 | Report Abuse

oil price starting drop due to china lock down

Posted by blackgold77 > 2022-05-10 06:09 | Report Abuse

today apple will post 100 comments here, be ready!

James_Bond

3,290 posts

Posted by James_Bond > 2022-05-10 06:32 | Report Abuse

Will be taking profit today, selling off all my HY holding, averaging price below 4.0. Cheers!

gemfinder

6,880 posts

Posted by gemfinder > 2022-05-10 06:58 | Report Abuse

P72 how? Forever u stuck at 7.xx or cut loss? Quietly sell n delete post?

gemfinder

6,880 posts

Posted by gemfinder > 2022-05-10 07:40 | Report Abuse

Yeka? Dun queitly prrss sell buton

subwayzzz

1,062 posts

Posted by subwayzzz > 2022-05-10 07:40 | Report Abuse

Oil drop 7% overnight. Omg

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-05-10 07:56 | Report Abuse

today sell

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-05-10 08:06 | Report Abuse

Expecting morning consolidation for some panic investors & weakholders to sell off, give chance to syndicate to accumulate then continue uptrend. :)

Brent oil still standing firm above $105.

Remember ...... 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??? =D

Posted by blackgold77 > 2022-05-10 08:13 | Report Abuse

apple still selling or not today? unlimited shares not yet sell finish? everyday sell 1 lot and announce here?

subwayzzz

1,062 posts

Posted by subwayzzz > 2022-05-10 08:16 | Report Abuse

I Gonna top up today

mf

28,401 posts

Posted by mf > 2022-05-10 08:25 | Report Abuse

Stock Market Today: Dow Slides as Tech, Energy Lead Sea of Red on Wall Street
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