HENGYUAN REFINING COMPANY BERHAD

KLSE (MYR): HENGYUAN (4324)

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Last Price

2.40

Today's Change

-0.06 (2.44%)

Day's Change

2.40 - 2.48

Trading Volume

1,022,100


33 people like this.

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

Posted by GrowthCapitalist > 2022-05-25 13:24 | Report Abuse

@klee, Glove period semua ada duit and not inflation. US print money banyak, Now tighten liao! So mostly all over the world is affect. However, this crack spread would stay high as long war is there and no new refinery is build. Normally, it's aint that easy to build one and very costly. Its a norm in Ong where they share the profit to investor more rather than expanding due to costing. I don't think anyone would want to build now as EV is also coming up. It's a tug and war game la! Anyway enjoy the ride while we can!

Ahahah

453 posts

Posted by Ahahah > 2022-05-25 13:30 | Report Abuse

Hibiscs just release a very good qtr result. Waiting for HY and Petronm turn now.

Cakes Moon

6,898 posts

Posted by Cakes Moon > 2022-05-25 13:32 | Report Abuse

Looks like retailers will be holding Hengyuan forever.
Logical thinking, banker wouldn't want to push up the price for retailers to break-even.

klee

3,174 posts

Posted by klee > 2022-05-25 13:34 | Report Abuse

GrowthC,gloves saves lives so it was different.Without gloves,covid deaths would be many folds more.Anyway my remark is directed at charlest's remark.

klee

3,174 posts

Posted by klee > 2022-05-25 13:36 | Report Abuse

GrowthC,what you have pointed out is now info publicly available,so it would likely to have been discounted to an extent.Anyway at RM6,hengyuan is cheap.

subwayzzz

1,062 posts

Posted by subwayzzz > 2022-05-25 13:36 | Report Abuse

all these insiders "snake mouse one nest"

klee

3,174 posts

Posted by klee > 2022-05-25 13:37 | Report Abuse

Subwayzzz,where is our pang72 sifu? :)

subwayzzz

1,062 posts

Posted by subwayzzz > 2022-05-25 13:42 | Report Abuse

put up a 寻人启事

citadel888

532 posts

Posted by citadel888 > 2022-05-25 13:43 | Report Abuse

as usual pang72 up he come , down he missing

brian3381

1,888 posts

Posted by brian3381 > 2022-05-25 13:45 | Report Abuse

As usualm p72 deleted all coment n hid8ng in his turtle shell

citadel888

532 posts

Posted by citadel888 > 2022-05-25 13:47 |

Post removed.Why?

klee

3,174 posts

Posted by klee > 2022-05-25 13:47 | Report Abuse

adoi,ya kah

klee

3,174 posts

Posted by klee > 2022-05-25 13:49 | Report Abuse

hahaha i dont folo anyone,i sold hrc c25 yesterday n buying back now...

citadel888

532 posts

Posted by citadel888 > 2022-05-25 13:49 | Report Abuse

ya buy on weakness better

Posted by supersinginvestor > 2022-05-25 13:56 | Report Abuse

I will buy

Posted by supersinginvestor > 2022-05-25 13:57 | Report Abuse

My average low so i can add..added lets see if can add more..

subwayzzz

1,062 posts

Posted by subwayzzz > 2022-05-25 13:57 | Report Abuse

reminder : buy what you can afford to lose

subwayzzz

1,062 posts

Posted by subwayzzz > 2022-05-25 13:58 | Report Abuse

i prepare a carton of maggi mee already

Posted by supersinginvestor > 2022-05-25 13:58 | Report Abuse

I ALL IN HUAT AH
MY THE FORCE BE WITH ME

klee

3,174 posts

Posted by klee > 2022-05-25 14:03 | Report Abuse

ppl will speculate on the QR since it is heavily discounted now...now is a safe entry

Posted by supersinginvestor > 2022-05-25 14:11 | Report Abuse

If covid u buy gloves ..
If oil crunch u buy refiners..
Simple...my simple mind says that...easy for me...lol..

Posted by supersinginvestor > 2022-05-25 14:12 | Report Abuse

If i make good lorr if lose oso ok cos i made elsewhere...
:-)))))))

Posted by supersinginvestor > 2022-05-25 14:12 | Report Abuse

Stay calm n carry on....

spyking

534 posts

Posted by spyking > 2022-05-25 14:13 | Report Abuse

Hengyuan will back to 5.00 and wait for QR

Posted by Stevecheahsw > 2022-05-25 14:19 | Report Abuse

any one attended Hengyuan AGM today ?

subwayzzz

1,062 posts

Posted by subwayzzz > 2022-05-25 14:21 | Report Abuse

Whatever happens, wish towgays heng heng !

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-05-25 14:33 | Report Abuse

SAPUUUUU~~~

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-05-25 14:34 | Report Abuse

Uncle article is coming out soon maybay on 30/5~~~ =D

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-05-25 14:36 | Report Abuse

Syndicate big brothers and my private remisier said sapu~~~ =D

Jaes

161 posts

Posted by Jaes > 2022-05-25 14:44 | Report Abuse

unlucky me....... i cut at 6.070 then rebound. bought luna, crash to zero

Apple2353

1,811 posts

Posted by Apple2353 > 2022-05-25 14:49 | Report Abuse

if close unchange pun OK lah.. at least not so teruk

KooSan

445 posts

Posted by KooSan > 2022-05-25 14:53 | Report Abuse

Support at 5.90

subwayzzz

1,062 posts

Posted by subwayzzz > 2022-05-25 14:59 | Report Abuse

Enjoy pain looking at chart

ljmeng

830 posts

Posted by ljmeng > 2022-05-25 15:03 | Report Abuse

hosehliao.....

Jokers2020

2,006 posts

Posted by Jokers2020 > 2022-05-25 15:11 | Report Abuse

come down below rm6...i am waiting for u

FKCNOW

4 posts

Posted by FKCNOW > 2022-05-25 15:12 | Report Abuse

Hengyuan Cw22

Maturity 30 may 2022

Banker are trying to do lost adjustment by depressing price for 5 day VWAP to reduce pay out.

FKCNOW

4 posts

Posted by FKCNOW > 2022-05-25 15:17 | Report Abuse

WHY HENGYUAN GOT SELL DOWN IN AN AGGRESSIVE MANNER ?

While i cannot give you a definite answer, i can give you a possible explanation of scenario.

Hengyuan cw22 issued by CIMB IB will be matured on 30 May 2022 (monday)
The settlement price against the call warrant exercise price will be based on 5 day VWAP volume weighted average price model.

The 5 days are
24 May 2022 (Tuesday)
25 wednesday
26 thursday
27 friday ( cw22 suspend trading)
30 monday

There will be high volume and very volatile trading if banker want to depress the settlement price in order to pay out lesser.

While hengyuan fundamental remain intact, crack margin continue to be at the high side, mothershare outlook will be good as long as you are investing in what you are able to hold, and not playing on contra.

Contra will only be helping banker to create more volume at the lower price which will help them lower settlement price

The expected QR release for HENGYUAN could be at 31 may 2022 (tuesday). So plan your trade carefully

Jaes

161 posts

Posted by Jaes > 2022-05-25 15:21 | Report Abuse

if bankers are trying to depress the price last 5 days to reduce the payout, are you saying that the bank issue cw unhedged? doesn't sound right

FKCNOW

4 posts

Posted by FKCNOW > 2022-05-25 15:32 | Report Abuse

The entry prices are looks attractive like now based on coming Qoq fundamental.

investorbat

1,425 posts

Posted by investorbat > 2022-05-25 15:33 | Report Abuse

fighting at 50ma 6.17,hopes not drop below 6.07,close above 6.33 will be nice

Johnzhang

3,068 posts

Posted by Johnzhang > 2022-05-25 15:35 | Report Abuse

I don’t think is because of the call warrant.
There is deep pocket sharks coordinating the attack on the energy stocks : hengyuan, Petron, Hibiscus, cypark . Cypark in renewable energy.

williamtkb

3,216 posts

Posted by williamtkb > 2022-05-25 15:38 | Report Abuse

Wao... Rebounding.

klee

3,174 posts

Posted by klee > 2022-05-25 15:40 | Report Abuse

Huat

Posted by supersinginvestor > 2022-05-25 15:40 | Report Abuse

Once all those who want to sell have sold..it will go up..simple.

Primeinvestor

1,454 posts

Posted by Primeinvestor > 2022-05-25 15:41 | Report Abuse

waiting for 5.90 to come true tomorrow, hope otb cut loss

Posted by Investing_Bursa > 2022-05-25 15:42 | Report Abuse

Best to nibble , don’t wait last minute as it can rebound very fast

klee

3,174 posts

Posted by klee > 2022-05-25 15:45 | Report Abuse

6.9

Min9088

94 posts

Posted by Min9088 > 2022-05-25 15:45 | Report Abuse

talking crap lol

__________________________________________________
Johnzhang

I don’t think is because of the call warrant.
There is deep pocket sharks coordinating the attack on the energy stocks : hengyuan, Petron, Hibiscus, cypark . Cypark in renewable energy.

Apple2353

1,811 posts

Posted by Apple2353 > 2022-05-25 15:50 | Report Abuse

i am at condo level 7.. hope can reach this level again

klee

3,174 posts

Posted by klee > 2022-05-25 15:53 | Report Abuse

sifu pang72 will reappear

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