HENGYUAN REFINING COMPANY BERHAD

KLSE (MYR): HENGYUAN (4324)

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Last Price

2.42

Today's Change

+0.03 (1.26%)

Day's Change

2.39 - 2.46

Trading Volume

638,700


33 people like this.

123,785 comment(s). Last comment by kebling98 23 hours ago

Posted by ValueInvestor888 > 2022-06-17 10:34 | Report Abuse

Petron 20 sen div ex monday.

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-06-17 10:42 |

Post removed.Why?

yewyin33

315 posts

Posted by yewyin33 > 2022-06-17 10:45 | Report Abuse

Mr Ooi Teik Bee has warned me that he would break his friendship with me if I posted any article to depress Hengyuan share price. Despite his warning I posted my article namely " Hengyuan is dropping continuously". My sole intention is to advise investors to sell as soon as possible to save their hard earned money or life savings. Mr Ooi is an expert in charting and he teaches charting for a tuition fee. He also sells his weekly circular letters for Rm 1,000 per year. Up till now, he has not advised all his subscribers to sell Hengyuan. Hengyuan share price chart is showing that it started to drop from Rm 7.39 on 17th May to the current level of Rm 4.50. It has already dropped Rm 2.89 or about 40% in the last one month. Why OTB cannot see the down trend price chart??? Why doesn't he advise all his subscribers to sell???
In fact, about 5 years ago, I asked my college mate Ng Eng Hean to let Mr Ooi to manage his investment for the requested fee. He told Mr Ooi to sell Hengyuan yesterday and lost a lot of money. Currently Hengyuan is still plunging. Even financial Institutions and syndicates cannot stop the price from dropping. Koon Yew Yin

Posted by ValueInvestor888 > 2022-06-17 10:46 | Report Abuse

call warrants' traders are hit the most from 30 sen+ to 12 sen ( C24). Bankers ie IB win big, as usual. Don't play play with cws

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-06-17 10:49 |

Post removed.Why?

Jerichomy

4,346 posts

Posted by Jerichomy > 2022-06-17 10:51 |

Post removed.Why?

apple168

6,236 posts

Posted by apple168 > 2022-06-17 10:55 | Report Abuse

Short HengYuan and earn back the money!

nicholas99

9,851 posts

Posted by nicholas99 > 2022-06-17 11:03 | Report Abuse

nasdaq ok.. aje... rebound day

nicholas99

9,851 posts

Posted by nicholas99 > 2022-06-17 11:05 | Report Abuse

wah chartist can earn so much. i always draw for free.

rr88

6,531 posts

Posted by rr88 > 2022-06-17 11:05 | Report Abuse

Buy lar.
Everything slow2 crawling out from ashes of BRUTAL SELLOFFS.

Bottom in place for EVERYTHING.

Buy. Dont be scared. You can sell next week.

beinvested

2,445 posts

Posted by beinvested > 2022-06-17 11:08 | Report Abuse

Numbers 20
New International Version
Water From the Rock -
6 Moses and Aaron went from the assembly to the entrance to the tent of meeting and fell facedown, and the glory of the Lord appeared to them. 7 The Lord said to Moses, 8 “Take the staff, and you and your brother Aaron gather the assembly together. Speak to that rock before their eyes and it will pour out its water. You will bring water out of the rock for the community so they and their livestock can drink.”

9 So Moses took the staff from the Lord’s presence, just as he commanded him. 10 He and Aaron gathered the assembly together in front of the rock and Moses said to them, “Listen, you rebels, must we bring you water out of this rock?” 11 Then Moses raised his arm and struck the rock twice with his staff. Water gushed out, and the community and their livestock drank.

12 But the Lord said to Moses and Aaron, “Because you did not trust in me enough to honor me as holy in the sight of the Israelites, you will not bring this community into the land I give them.”

SO, Aaron was with Moses. Aaron did not tell the people not to aggravate against Moses, Aaaron did not caution the people, in a way had kept silent, also "kena" from God, can not cross the Jordan. Moses, kena maximum, instead of speaking to the rock, he struck at the rock, go against the Lord. Moses was pressured, less faith, went against the Lord, he was not allowed into the Promised Land.

nicholas99

9,851 posts

Posted by nicholas99 > 2022-06-17 11:09 | Report Abuse

that paktua eveyday tell ppl his position.. lol.

Sslee

5,591 posts

Posted by Sslee > 2022-06-17 11:15 | Report Abuse

Subur:
Market Cap: 203 Million
NOSH: 209 Million
Avg Volume (4 weeks): 2,225,247
4 Weeks Range: 0.935 - 1.82
4 Weeks Price Volatility (%): 3.95%
52 Weeks Range: 0.65 - 2.44

Wonder did KYY posted any article to ask his followers to cut loss Subur? Or is he still posted his promotion article to misled his followers so that he can sell?

Please take a look at yourself in a mirror.

Zhuge_Liang

2,384 posts

Posted by Zhuge_Liang > 2022-06-17 11:19 |

Post removed.Why?

Zhuge_Liang

2,384 posts

Posted by Zhuge_Liang > 2022-06-17 11:26 |

Post removed.Why?

MoneyMakers

7,496 posts

Posted by MoneyMakers > 2022-06-17 11:30 | Report Abuse

Walao was rm6.5 just last week..what a massacre

Almost 30% bloodbath in 1week..hard 2 recover from such devastation

MoneyMakers

7,496 posts

Posted by MoneyMakers > 2022-06-17 11:33 | Report Abuse

Low floating shares like this lo..few big sell orders (syndicate run) completely collapse..brutal massacre

hng33

20,033 posts

Posted by hng33 > 2022-06-17 11:46 | Report Abuse

Wow, two shark opening fighting each other, history to repeat itself again.

Show time to watch scavenger fighting, hope both can maintain or even outperformed previous drama show by digging more insider news.

CharlesT

14,640 posts

Posted by CharlesT > 2022-06-17 12:08 | Report Abuse

Wtf is this rule 2??

Never talk bad (even it is bad???) On any stock????

CharlesT

14,640 posts

Posted by CharlesT > 2022-06-17 12:10 | Report Abuse

If i didnt talk bad (its really bad) on BSL few months ago when Sifu gave a buy call with TP 1.50 all will die very hard if they r holding till now...

Of course Sifu still make RM200k+ fm BSL dont ask me how so....lol

CharlesT

14,640 posts

Posted by CharlesT > 2022-06-17 12:12 | Report Abuse

This is the dumbest rule...

U can only talk good abt stocks n give sky high TPs plucking figures fm yr own imagination???

smartly

6,430 posts

Posted by smartly > 2022-06-17 12:16 | Report Abuse

chewing & eating kacang putih. LOL!

smartly

6,430 posts

Posted by smartly > 2022-06-17 12:19 | Report Abuse

cut loss is the hardest thing to do. worst off if it is too deep to cut, so how ? just keep loh.
wait till cow come home. ;(

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-06-17 12:19 | Report Abuse

baby sharka dododo~~~ baby sharka dododo~~~ baby sharka dododo~~~ baby shark~ =D

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-06-17 12:22 | Report Abuse

Why so worry....

Brent oil steady above $120....

Saudi doesn't want to meet Biden to increase output.....


=D

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-06-17 12:24 |

Post removed.Why?

MoneyMakers

7,496 posts

Posted by MoneyMakers > 2022-06-17 12:28 | Report Abuse

Making same mistake as glovers - blinded by ‘current’ ASP/profit think last 4ever

By time nxt QR out, war prob alrdy over + oil collapse

Once oil collapse, whatever QR doesnt matter..easily bloodbath down to rm3

MoneyMakers

7,496 posts

Posted by MoneyMakers > 2022-06-17 12:32 | Report Abuse

Ukr surrender inevitable (either deal or by force)

Anytime/any day/any week can limit down 30% instantaneously

Kukubai

106 posts

Posted by Kukubai > 2022-06-17 12:56 | Report Abuse

Guys! Hengyuan china boss just told me that Hengyuan will turn green to above 5.00 very soon! Probably this afternoon session or tomorrow morning!

Posted by delta_gate > 2022-06-17 13:02 | Report Abuse

Singaporeans lining up to fuel at Malaysia for R97. Crack spread & gas price all time high... war is no where near over. You think Putin and Biden is in this for a 4 months children's sand pit fight? After putting in billions of dollars into was? Just chill and relax. The entire stock market is down worldwide. Just defend your turf.

harold8990

349 posts

Posted by harold8990 > 2022-06-17 13:02 | Report Abuse

@kukubai tomorrow morning Saturday

Kukubai

106 posts

Posted by Kukubai > 2022-06-17 13:11 | Report Abuse

If tomorrow Saturday then today 5pm will close green!

Kukubai

106 posts

Posted by Kukubai > 2022-06-17 13:11 | Report Abuse

Then next Monday huge rebound!!

Kukubai

106 posts

Posted by Kukubai > 2022-06-17 13:14 | Report Abuse

Then kyy will shut his mouth up!!!

Kukubai

106 posts

Posted by Kukubai > 2022-06-17 13:16 | Report Abuse

Then otb will be dancing without clothes all the way back to his home because too happy!

Tankt88

12 posts

Posted by Tankt88 > 2022-06-17 13:17 | Report Abuse

Tht longkang sifu...next dont knw pick wat....all counter died.....from jaks...hiapteik...now heng yuan.

Kukubai

106 posts

Posted by Kukubai > 2022-06-17 13:19 | Report Abuse

Guys! China boss just called again! Hengyuan will close green by 5pm!! Do not miss the boat!!!

Tankt88

12 posts

Posted by Tankt88 > 2022-06-17 13:21 | Report Abuse

Monkey pick also can better than tis longkang sifu

sharemarket21

1,898 posts

Posted by sharemarket21 > 2022-06-17 13:35 | Report Abuse

Looking out since the two rooms dried and in dire straits. Indeed this is so happening and lively here. All type of investors and commenters here.

Sslee

5,591 posts

Posted by Sslee > 2022-06-17 13:50 | Report Abuse

qqq3,
Even before the ukraine war the crack spread already moving up due to post covid economy and travel recovery.

The war did not cause the spike of crack spread spike above USD 30/ barrel but the sanction on Russia fuel products that cause this spike.

sharemarket21

1,898 posts

Posted by sharemarket21 > 2022-06-17 13:52 | Report Abuse

Bursa value already shrunk to new low for months and retailers confidence level shattering since beginning of the year. Good to ride on the short rally but must be brutal to cash out when slight drastic changes. The pulling out from big boys. That was last week. Rather too late but good opportunity for those who dont have any position yet but squeeze harder for much lower entry price. Its very obvious same pumpers and dumpsters here and all type of crooks without conscience. Even a small public room and if there is money to be made. Your paper losses are my realized gain. Vice versa. With this mean correction, soon the volume will diminish. Keep an eyes closely.

Sslee

5,591 posts

Posted by Sslee > 2022-06-17 13:54 | Report Abuse

Costco uses a membership-only warehouse club business model, which means consumers pay a membership fee to access the low-cost products available at Costco stores.

qqq3 go buy Costco.

beinvested

2,445 posts

Posted by beinvested > 2022-06-17 13:55 | Report Abuse

On 26 DEC 2016, Shell announced the completion of the sale of 51% in the business to HY.


https://www.thestar.com.my/business/business-news/2017/02/06/shell-refining-seeks-name-change-to-hengyuan-refining-co-bhd

In the AR for 31DEC2021 published on 26APR2022, the total of 68% of the shareholdings were reported in the List for the top 30 Shareholders.

The remaining 32% is undoubtedly being held among the small holders like any of us.

The controlling stake of 51% of the issued shares is securely held with the following:-

1. Rhb Nominees (Tempatan) Sdn Bhd
Malaysia Hengyuan International Limited
113,701,002 37.900%

2. AMSEC Nominees (Tempatan) Sdn Bhd
Pledged Securities Account - Ambank (M) Berhad for Malaysia Hengyuan
International Limited
39,368,000 13.122%

The business takeover is rather for reason of the long-term geopolitical strategy for China in terms of the energy supply than profit maximization alone. Likely, plenty of the refined oil will be exported back to China even though those crude oil are arrived from the Middle East. It really make sense that only the ready to be used oil should be shipped back to China and already being processed at Port Dickson.

The NAT now is RM6.60 a share and the Management should not be able to bear too much the gap between the market value and the book value.


Posted by wallstreetrookie > 2022-06-17 14:09 | Report Abuse

Be careful, Mikecyc is short-selling Hengyuan

Posted by wallstreetrookie > 2022-06-17 14:11 | Report Abuse

i3 Users that You Should Be Careful Of
1. Mikecyc
2. bulldog
3. rr88
4. calvintaneng
5. StartOfTheBull
6. VTrade

OTB

11,250 posts

Posted by OTB > 2022-06-17 14:21 |

Post removed.Why?

Posted by michaellee3 > 2022-06-17 14:28 | Report Abuse

pump it otb

OTB

11,250 posts

Posted by OTB > 2022-06-17 14:32 | Report Abuse

@michaellee3,
Not the right time yet.
Wait patiently for a buy signal to enter.
No hurry, a patient investor will win big.

CharlesT

14,640 posts

Posted by CharlesT > 2022-06-17 14:38 | Report Abuse

Hope dont hv to cut loss below RM5 n then chase at RM6+ later

rr88

6,531 posts

Posted by rr88 > 2022-06-17 14:38 | Report Abuse

2.37 pm. 4.73/4.74.
A HAMMER formed on the chart. A trend reversal signal. A clear buy !

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