HENGYUAN REFINING COMPANY BERHAD

KLSE (MYR): HENGYUAN (4324)

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Last Price

2.91

Today's Change

+0.03 (1.04%)

Day's Change

2.88 - 2.95

Trading Volume

186,000


33 people like this.

123,724 comment(s). Last comment by smartepf 1 day ago

rr88

6,354 posts

Posted by rr88 > 2022-05-25 15:53 | Report Abuse

HAMMER REVERSAL in progress. Tp 9.00 - 10.00.

Min9088

94 posts

Posted by Min9088 > 2022-05-25 15:53 | Report Abuse

im at condo level 5 haha. will hold till qr result out and see.

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-05-25 15:53 | Report Abuse

Huatt cai liao, bought C24 at 0.225

Jaes

161 posts

Posted by Jaes > 2022-05-25 15:56 | Report Abuse

always after i sell, rebound.. hope can buy again

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-05-25 16:07 | Report Abuse

Brent oil $114.92 liao,
Local IBs maybe selling HY due to C22 expiring,
Foreign funds especially Singapore FMs are collecting HY at the current attractive price + 1SGD = MYR3.20...
Local syndicate big brothers also buying along with SG FMs~
I follow my Private Remisier call to SAPUUUU~~~
Heng Ah~
Ong Ah~
Huatt ah~

param1

782 posts

Posted by param1 > 2022-05-25 16:10 | Report Abuse

klee

sifu pang72 will reappear

HA HA HA HA LOL

Posted by profit profits > 2022-05-25 16:10 | Report Abuse

I believe c22 ib had collected back most of the C22 in the market.

williamtkb

3,216 posts

Posted by williamtkb > 2022-05-25 16:11 | Report Abuse

Today target turn green

klee

3,030 posts

Posted by klee > 2022-05-25 16:11 | Report Abuse

6.9

subwayzzz

1,057 posts

Posted by subwayzzz > 2022-05-25 16:12 | Report Abuse

huat chai

Jaes

161 posts

Posted by Jaes > 2022-05-25 16:14 | Report Abuse

if today green, i will cry

Min9088

94 posts

Posted by Min9088 > 2022-05-25 16:14 | Report Abuse

told you guys it's a small retracement. don't panic lol.

smartly

6,397 posts

Posted by smartly > 2022-05-25 16:15 | Report Abuse

Posted by FKCNOW > 54 minutes ago | 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
-----------------------------------------------------------------
are you sure your 5 days VWAP is correct ah ?

klee

3,030 posts

Posted by klee > 2022-05-25 16:15 | Report Abuse

6.9

subwayzzz

1,057 posts

Posted by subwayzzz > 2022-05-25 16:16 | Report Abuse

DLLM those so-called sifus all copy and paste then call themselves sifu

subwayzzz

1,057 posts

Posted by subwayzzz > 2022-05-25 16:17 | Report Abuse

should have sold at 7.XX then go in again now . haiyaaa

param1

782 posts

Posted by param1 > 2022-05-25 16:20 | Report Abuse

LUCKY ME COLLECTED AT DISCOUNTED PRICES ...LOL

klee

3,030 posts

Posted by klee > 2022-05-25 16:20 | Report Abuse

selling is a skill...

rr88

6,354 posts

Posted by rr88 > 2022-05-25 16:21 | Report Abuse

A CLEAR HAMMER registered on chart.
A reversal of correction.
HOLD. DONT SELL.
It will go higher than 7.70.

klee

3,030 posts

Posted by klee > 2022-05-25 16:22 | Report Abuse

sifu rr88 very pandai this round....haha

subwayzzz

1,057 posts

Posted by subwayzzz > 2022-05-25 16:22 | Report Abuse

congratulations param1
wish you heng heng

subwayzzz

1,057 posts

Posted by subwayzzz > 2022-05-25 16:22 | Report Abuse

yea bro

klee

selling is a skill...

1 minute ago

Johnzhang

2,966 posts

Posted by Johnzhang > 2022-05-25 16:23 | Report Abuse

Crap or no crap . Just look at the wild price swing. Doesn’t it tell you something?


by Min9088 > 35 minutes ago | 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.

subwayzzz

1,057 posts

Posted by subwayzzz > 2022-05-25 16:23 | Report Abuse

woa. petronm almost reach open price

klee

3,030 posts

Posted by klee > 2022-05-25 16:23 | Report Abuse

petronm turning green hoseh

Posted by Investing_Bursa > 2022-05-25 16:24 | Report Abuse

Hosay !

klee

3,030 posts

Posted by klee > 2022-05-25 16:24 | Report Abuse

USA refineries steady la.Our side kena IB dump only.

subwayzzz

1,057 posts

Posted by subwayzzz > 2022-05-25 16:24 | Report Abuse

luckily didn't put all eggs in one basket

Jaes

161 posts

Posted by Jaes > 2022-05-25 16:25 | Report Abuse

alahai why did i cut just now..

subwayzzz

1,057 posts

Posted by subwayzzz > 2022-05-25 16:26 | Report Abuse

ib saving their own ar ses first
knowing there are margin holders having big positions, sengaja want to trigger stoploss
pity margin holders now watching with tears

klee

3,030 posts

Posted by klee > 2022-05-25 16:29 | Report Abuse

that is why always check global sceanrio n dont panic unnecessarily

Primeinvestor

1,454 posts

Posted by Primeinvestor > 2022-05-25 16:29 | Report Abuse

hengyuan c 22 not much liquidity la, dont think it will cause a downfall, it is today results, results not good la, next quarter only boom

Posted by tigerroar38 > 2022-05-25 16:30 | Report Abuse


"Stock: [HENGYUAN]: HENGYUAN REFINING CO BHD

May 25, 2022 11:04 AM | Report Abuse

What goes up need to retrace before it can move to higher high. This is the first wave and supported at around ema20 and fibonacci retraement 38.2%. Those who missed out. It is the best to buy on the dip now.

Even Dnex before it move, it retrace at ema 20 and move."

See guys told you all this morning. It going to retrace beacuse is a very strong fundamental stock!

Ride the uptrend now!

subwayzzz

1,057 posts

Posted by subwayzzz > 2022-05-25 16:32 | Report Abuse

we should be seeing a small rise in the results even though it's not a big one. at least that is an indicator

Posted by blackgold77 > 2022-05-25 16:32 | Report Abuse

alamak baru habis berak dah mencanak pulak hengyuan ni... tak kasi chance

icecool

4,818 posts

Posted by icecool > 2022-05-25 16:35 | Report Abuse

buy the dip can win

williamtkb

3,216 posts

Posted by williamtkb > 2022-05-25 16:35 | Report Abuse

Huat cai everyone. Let contra kaki profit taking.

subwayzzz

1,057 posts

Posted by subwayzzz > 2022-05-25 16:37 | Report Abuse

30mil shares to be exercised = 10% of total shares issued
where to get the money if not robbing from margin calls?

apple168

6,236 posts

Posted by apple168 > 2022-05-25 16:38 | Report Abuse

HY Short9e!

apple168

6,236 posts

Posted by apple168 > 2022-05-25 16:38 | Report Abuse

Next week below 5!

param1

782 posts

Posted by param1 > 2022-05-25 16:40 | Report Abuse

subwayzzz

congratulations param1
wish you heng heng


thanks subwayzzz we go heng heng 2gether

Posted by Stevecheahsw > 2022-05-25 16:42 | Report Abuse

FKCNOW
this is one of reason to explain throw tickets by IB to make the settlement price to pay out lesser.

Posted by klsejeff88 > 2022-05-25 16:43 | Report Abuse

Huat chai

subwayzzz

1,057 posts

Posted by subwayzzz > 2022-05-25 16:44 | Report Abuse

the chart looks like closing the gap
hope tomorrow is a green day !
huat chai all

Posted by Stevecheahsw > 2022-05-25 16:44 | Report Abuse

Our VWAP is so special compared other country, Our VWAP is base on Closing price not base on that price x volume on that day! it is a grey area for IB manipulate the closing price.

apple168

6,236 posts

Posted by apple168 > 2022-05-25 16:44 | Report Abuse

Another 9200 lots for me to Short9e!

Posted by klsejeff88 > 2022-05-25 16:45 | Report Abuse

To all who have sold and blame OTB , LOL

Posted by klsejeff88 > 2022-05-25 16:47 | Report Abuse

Faster buy back before too late . LOL

subwayzzz

1,057 posts

Posted by subwayzzz > 2022-05-25 16:49 | Report Abuse

thursday or friday hoot9e

klee

3,030 posts

Posted by klee > 2022-05-25 16:51 | Report Abuse

6.9 tomorrow

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