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

beinvested

2,445 posts

Posted by beinvested > 2022-06-17 14:39 | Report Abuse

Dear Mr OTB,

Assuming I am having the Controlling stake of a company, respectfully, I can assure you that nobody can insult the share price of my company when in fact it is RM6.60 instead of RM4.60 only.

Let's see if the Management of the company got any comment later in the day...

Posted by wallstreetrookie > 2022-06-17 14:39 | Report Abuse

Let's go

CharlesT

14,640 posts

Posted by CharlesT > 2022-06-17 14:43 | Report Abuse

Seriously its too late to cut loss at rm4+ now lah

Oredi drops ard 40% fm 7.70 then only cut loss???

Sslee

5,591 posts

Posted by Sslee > 2022-06-17 14:45 | Report Abuse

CharlesT must be very happy to collect HY at price lower than probability.

rr88

6,531 posts

Posted by rr88 > 2022-06-17 14:46 | Report Abuse

As this HAMMER CANDLE is formed around 4.80, which is too close to 4.92 resistance, it will move higher than 4.92.

Buy now. Sell range 5.00 - 5.20.

param1

782 posts

Posted by param1 > 2022-06-17 14:46 | Report Abuse

human nature to chase when up

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-06-17 14:46 |

Post removed.Why?

CharlesT

14,640 posts

Posted by CharlesT > 2022-06-17 14:47 | Report Abuse

I will only happy if i can make money later only...

Bought lower than Probability n go Holland together cant make me happy loh

CharlesT

14,640 posts

Posted by CharlesT > 2022-06-17 14:48 | Report Abuse

If 200sma 4.40+ is deemed as strong support to OTB, selling at 4.60/4.70 now seems funny loh

rr88

6,531 posts

Posted by rr88 > 2022-06-17 14:49 | Report Abuse

Opened 4.80. Dipped to 4.56. Will close around 4.80 +/- 3,4 cents. This is a HEMMER REVERSAL CANDLE with 24 cent long tail. A clear buy signal! Buy !

CharlesT

14,640 posts

Posted by CharlesT > 2022-06-17 14:50 | Report Abuse

Unless u think u can sell at 4.70 n then buy back at 4.40...

Can make 0.30

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-06-17 14:52 |

Post removed.Why?

Posted by michaellee3 > 2022-06-17 14:55 | Report Abuse

lets be positive, we are going to the moon, stop bad mouthing la, cursing people= make your poor, rmb that

Posted by wallstreetrookie > 2022-06-17 14:56 | Report Abuse

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

OTB

11,250 posts

Posted by OTB > 2022-06-17 14:57 | Report Abuse

@CharlesT,
Hope you will make a lot of money to buy now.

CharlesT

14,640 posts

Posted by CharlesT > 2022-06-17 14:59 | Report Abuse

So r u buying or selling now? Lol

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-06-17 15:00 |

Post removed.Why?

rr88

6,531 posts

Posted by rr88 > 2022-06-17 15:00 | Report Abuse

Hu hu hu...everything moving up friday evening because next week will be a good week, a RECOVERY WEEK. Buy!!!

Posted by michaellee3 > 2022-06-17 15:00 | Report Abuse

how to join as ur client @otb

Posted by wallstreetrookie > 2022-06-17 15:01 | Report Abuse

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

Posted by wallstreetrookie > 2022-06-17 15:01 | Report Abuse

Buy

nicholas99

9,851 posts

Posted by nicholas99 > 2022-06-17 15:02 | Report Abuse

reversal candle.

nicholas99

9,851 posts

Posted by nicholas99 > 2022-06-17 15:04 | Report Abuse

but nasdaq not looks good.. can't see huge volum coming in.

OTB

11,250 posts

Posted by OTB > 2022-06-17 15:06 |

Post removed.Why?

VTrade

2,434 posts

Posted by VTrade > 2022-06-17 15:08 | Report Abuse

Any update from russia ?

beinvested

2,445 posts

Posted by beinvested > 2022-06-17 15:09 | Report Abuse

Thks Mr OTB.

OTB

11,250 posts

Posted by OTB > 2022-06-17 15:13 | Report Abuse

@CharlesT,
I hold them for a bit longer term.
I will buy big when the TA is bullish again.
I do not mind to buy at a higher price.
I want to know the actual bottom.
Wait and see.

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-06-17 15:16 | Report Abuse

If you read kyy's blog correctly, he is asking you to buy lo....

Again, when kyy call buy = fast fast sell, when kyy call sell = fast fast buy lo

https://klse.i3investor.com/web/blog/detail/koonyewyinblog/2022-06-16-story-h1625030689-Hengyuan_is_dropping_continuously_Koon_Yew_Yin

OTB

11,250 posts

Posted by OTB > 2022-06-17 15:20 | Report Abuse

@888STOCK888,
I know him better than many investors here.
He will buy before Q2 2022 result is out.
He is very worried to lose now.

rr88

6,531 posts

Posted by rr88 > 2022-06-17 15:21 | Report Abuse

Oops. Forgot. All got stuck following OTB backside at much higher levels.

I told u dont follow him. He is no good. Proven, again n again.

Now at 4.74/4 75 a distinct Bullish Hammer Candle is already registered on the chart. Its a reversal buy signal. Bottom at 4.56, the 24feb closing price. He is still waiting for the bottom, and still hegeh2 bcause he is no good.

You followed him 6.00++, you got screwed.

You shud hv followed me then when i said sell/cut loss/stay away.

Now i say buy! Follow him again or follow me?

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-06-17 15:24 | Report Abuse

oversold rebound = 20% gain

OTB

11,250 posts

Posted by OTB > 2022-06-17 15:27 |

Post removed.Why?

stockwin

285 posts

Posted by stockwin > 2022-06-17 15:28 | Report Abuse

OTB

@CharlesT,
I hold them for a bit longer term.
I will buy big when the TA is bullish again.
I do not mind to buy at a higher price.
I want to know the actual bottom.
Wait and see.

======================================================================
When you are sooooo sure of Q2 2022 result, it only make sense that you do not sell now and buy as it is pushed down [ unless of course you have no more $$$ ] and more on the way up, no? After all Q2 result is only 2 months away.

nicholas99

9,851 posts

Posted by nicholas99 > 2022-06-17 15:29 | Report Abuse

see if there is more bad news coming. if no, should be smooth sailing.

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-06-17 15:29 | Report Abuse

Can rebound to 5.50??? =D




nicholas99

9,851 posts

Posted by nicholas99 > 2022-06-17 15:30 | Report Abuse

should be only small rebound.. run when profit.

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-06-17 15:31 | Report Abuse

Sapu C24 and C26!!!! =D



Russel

545 posts

Posted by Russel > 2022-06-17 15:32 | Report Abuse

Heng Yuen moving up in the afternoon sessions, naysayer all disapear! WTF...lol

Posted by ValueInvestor888 > 2022-06-17 15:34 | Report Abuse

rebounding from oversold. Once turn green, many will chase again...

OTB

11,250 posts

Posted by OTB > 2022-06-17 15:36 |

Post removed.Why?

rr88

6,531 posts

Posted by rr88 > 2022-06-17 15:37 | Report Abuse

4.75 - 4.85 is a buy posture for the rest of the day. It will go higher next week. Buy at any price within this range n you will make money.

harold8990

349 posts

Posted by harold8990 > 2022-06-17 15:37 | Report Abuse

KLCI 1447...trade with care folks.

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-06-17 15:42 | Report Abuse

OIL GREEN

EUROPE MARKETS OPEN GREEN

DOW FUTURE GREEN

HENGYUAN WILL BE VERY GREEN

OTB

11,250 posts

Posted by OTB > 2022-06-17 15:47 | Report Abuse

FA of Hengyuan is very good.
No question on it.
The problem is market sentiment is very bad.
Investors do not care about FA, they worried about recession in the US.
The US stock market will not perform well if there is a recession.
It is always very unfair to Malaysian investors, the US stock market is up, we up a bit.
When it is a big drop in the US stock market, KLSE will purge.


anthonytkh

1,802 posts

Posted by anthonytkh > 2022-06-17 15:50 | Report Abuse

I beg to differ regarding HY’s fundamentals. In fact I think they’re knee deep in debt with bad leverage and huge amount of creditors…

OTB

11,250 posts

Posted by OTB > 2022-06-17 15:55 |

Post removed.Why?

Posted by investmalaysia618 > 2022-06-17 15:55 | Report Abuse

what to do. not much funds want to come klse to invest. companies growth not there. political unstable. whole market is supported by epf, pnb etc. better put more money in us market when they begin uptrend

tiantsai

332 posts

Posted by tiantsai > 2022-06-17 15:58 | Report Abuse

Those sour grape really, just invest at your own risks, I still believe on OTB la, Still remember 6 years ago OTB share portfolio frontkn, I just buy at 0.18 and sell on 0.48 and get few k to pay my universiti fee. Invest where got guarantee earn , the rr88, last two year saw him in topglove forum keep attack supermx and topglov, now come to heng yuan keep say nonsense....zzzzzZZZZZ.

OTB

11,250 posts

Posted by OTB > 2022-06-17 16:00 | Report Abuse

Frontkn is not the best stock, the best stock is Supermx in 2020.

MoneyMakers

7,496 posts

Posted by MoneyMakers > 2022-06-17 16:01 | Report Abuse

Evening later got EU inflation data + J.Pow (Fed) speech

Dont bother see dow futures now..everything can flip deeeep red tonite

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