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 1 day ago

rr88

6,531 posts

Posted by rr88 > 2022-06-27 11:31 | Report Abuse

Small engine amateur manipulator pump only lar. Dont waste yr time here lar. Bcause it has crashed from 7.40 n on its way back to square 1 at 3.70 - 4.00 to sleep rangebound there for a year.

Posted by Investing_Bursa > 2022-06-27 11:38 | Report Abuse

Quite clear rr88 is full of rubbish…

williamtkb

3,216 posts

Posted by williamtkb > 2022-06-27 11:38 | Report Abuse

Today hard to see rm5

hengpetron

354 posts

Posted by hengpetron > 2022-06-27 12:04 | Report Abuse

rr88 as always earn PEANUTS

hengpetron

354 posts

Posted by hengpetron > 2022-06-27 12:04 | Report Abuse

Today break 5

Zhuge_Liang

2,384 posts

Posted by Zhuge_Liang > 2022-06-27 12:09 | Report Abuse

Posted by rr88 > 33 minutes ago | Report Abuse
Small engine amateur manipulator pump only lar. Dont waste yr time here lar. Bcause it has crashed from 7.40 n on its way back to square 1 at 3.70 - 4.00 to sleep rangebound there for a year.
----------------
Posted by hengpetron > 43 seconds ago | Report Abuse
rr88 as always earn PEANUTS
----------------
Earn peanut profit is still fine.
Once he sold it, he will bad mouth the stock like KYY.
This type of person does not have any principle at all.
This type of person cannot be trusted at all.
Let all readers assess him.

hng33

20,033 posts

Posted by hng33 > 2022-06-27 12:14 | Report Abuse

Crack spread getting widen with july delivery surge above USD 37!!!

CharlesT

14,640 posts

Posted by CharlesT > 2022-06-27 12:16 | Report Abuse

Good bottom fishing skill of rr88, but dunno why he always sell all for few cents profit

hng33

20,033 posts

Posted by hng33 > 2022-06-27 12:17 | Report Abuse

Margin of safety is too high as hengyuan only need crack spread USD about 7 to breakeven.

Anything above crack spread 7 is pure net profit

CharlesT

14,640 posts

Posted by CharlesT > 2022-06-27 12:17 | Report Abuse

If CW can make few cents profit is good lah....if mother share make few cents profit can only eat chicken rice

CharlesT

14,640 posts

Posted by CharlesT > 2022-06-27 12:18 | Report Abuse

Just have a feeling that u cant get lower price in Aug for Q2 result play

CharlesT

14,640 posts

Posted by CharlesT > 2022-06-27 12:20 | Report Abuse

After Sifu took out HY fm his latest weekly watchlist it fly......

hmmm.....

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-06-27 12:24 | Report Abuse

Sapu more C24 expire 27/01/2023....


It will be $1.10 when Hengyuan hits $15.00 in August.


=D

stockwin

285 posts

Posted by stockwin > 2022-06-27 12:25 | Report Abuse

I though one sifu told his subscribers that HY is THE stock that will recover ALL previous losses?? Chance of a life time! He may be right. But then I was told he already cut losses? WHY?

stockwin

285 posts

Posted by stockwin > 2022-06-27 12:28 | Report Abuse

Why cut when so sure of the stock??

hng33

20,033 posts

Posted by hng33 > 2022-06-27 12:30 | Report Abuse

TA is getting bullish signal

TA + FA = combined bullish

Sslee

5,608 posts

Posted by Sslee > 2022-06-27 12:31 | Report Abuse

SINGAPORE GASOIL (PLATTS) DUBAI (PLATTS) CRACK SPREAD FUTURES - QUOTES
June: USD 66.38
July: USD 70.90
Aug: USD 67.04

Singapore Mogas 92 Unleaded (Platts) Brent Crack Spread
June: USD 33.01
July: USD 37.83
Aug: USD 32.52.

So most likely expecting a fireworks show come Aug Q2 result.

stockwin

285 posts

Posted by stockwin > 2022-06-27 12:33 | Report Abuse

Looks like Last Friday volume indicated that whoever wanted to sell would have sold. HY probably seen the bottom. Slowly but surely moving north.

CharlesT

14,640 posts

Posted by CharlesT > 2022-06-27 12:34 | Report Abuse

200sma should be strong support n the worst likely to be over

Posted by BlessedInvestor > 2022-06-27 12:35 | Report Abuse

if warren buffet still betting on oil and refinery stocks, this means he is still bullish on upstream oil and gas.

https://www.forbes.com/sites/sergeiklebnikov/2022/06/23/warren-buffett-adds-to-massive-stake-in-occidental-petroleum-buying-the-dip-after-oil-prices-drop/?sh=6ce0c126346a

stockwin

285 posts

Posted by stockwin > 2022-06-27 12:36 | Report Abuse

Why bother to sell and buy back when its only 2 months to wait. You might have to buy back at higher price.

hng33

20,033 posts

Posted by hng33 > 2022-06-27 12:37 | Report Abuse

July crack spread 37 is higher than june 33, the following Aug crack soread sustain level at 32, indicating elevated crack crack spread sustain up to hengyuan release next Q result in Aug.

Goldberg

2,897 posts

Posted by Goldberg > 2022-06-27 12:40 | Report Abuse

Warren Buffett Adds To Massive Stake In Occidental Petroleum, Buying The Dip After Oil Prices Drop

Sergei KlebnikovForbes Staff

Jun 23, 2022,02:48pm EDT

With oil prices down this month, billionaire investor Warren Buffett is once again buying the dip by adding to one of his favorite energy stocks, as his investing conglomerate Berkshire Hathaway purchased roughly $500 million worth of Occidental Petroleum shares this week.

Ravi Kumar

3,602 posts

Posted by Ravi Kumar > 2022-06-27 12:45 | Report Abuse

Is it? This is news to me. Stop speculating cos you don't know and have the facts

Posted by stockwin > 17 minutes ago | Report Abuse

I though one sifu told his subscribers that HY is THE stock that will recover ALL previous losses?? Chance of a life time! He may be right. But then I was told he already cut losses? WHY?

tehka

1,928 posts

Posted by tehka > 2022-06-27 12:47 | Report Abuse

stocking, which the sifu you say already cut loss? Got good information please share with us we want to know. Thanks

stockwin

285 posts

Posted by stockwin > 2022-06-27 12:50 | Report Abuse

May be sifu's subscriber can confirm. I was only told , no black and white.

stockwin

285 posts

Posted by stockwin > 2022-06-27 12:51 | Report Abuse

What ever it is, I think HY is a Very good buy now.

stockwin

285 posts

Posted by stockwin > 2022-06-27 12:52 | Report Abuse

For sure KYY already already cut loss. ?

sharemarket21

1,898 posts

Posted by sharemarket21 > 2022-06-27 13:01 | Report Abuse

Stick to the plan and hit the 8-15% return. Kudos to those following through if you have entered the good entry price last week. Take and keep the money safe in the pocket first.

beinvested

2,445 posts

Posted by beinvested > 2022-06-27 13:18 | Report Abuse

I would be eager to see the coming QR to be released sooner than expected. The presumably grace period of 2 months for disclosing the QR for the public listed companies should be shorten when considering that the advancement of the technology in the accounting field.

China company buying HY just not solely on profitability alone because the refinery can support the supply of fuel/energy for the consumers back in China. It could be either for their economy/political strategy reason. Likewise, when the cargo ship travelling back from the Africans continent, ports (at Sri Lanka, South China Sea, Melaka, Djibouti) are important for the stop-overs so there are refill and repair facilities can be provided during their journeys.

Anyway, without profit, HY can not be operating in the long run. So, the management must also making sure the operation/refinery is sustainable through profitable business in one hand and fulfilling the other strategic reasons for China.

The coming QR should be interesting for the many investors.

Jerichomy

4,346 posts

Posted by Jerichomy > 2022-06-27 13:38 |

Post removed.Why?

kk7198

3,941 posts

Posted by kk7198 > 2022-06-27 14:22 | Report Abuse

Chomy,Chomy...Think this time rr88 will be the loser.

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-06-27 14:30 | Report Abuse





Let's close above 5.00 today =D




harold8990

349 posts

Posted by harold8990 > 2022-06-27 14:58 | Report Abuse

If HY can close above 4.8 today would a be good sign.

beinvested

2,445 posts

Posted by beinvested > 2022-06-27 15:05 | Report Abuse

When China company buying into Proton, the purpose may not be totally about making profit alone but inclusive of forging politically alliance with Malaysia also.

The investing party already got full control of Volvo of Sweden in their hand and it really make not better business decision if the China company is investing for a derailed product market then. Furthermore, there may be so high the business risk to takeover a company that was so precious to the government of Malaysia.
Again, for the sake of winning friends of the days and helping Malaysia to overcome the financial struggle of this important entity, the China company could it like doing Volvo.

In Pakistan, recently the government of Pakistan has received financial assistance from China which is really worth the cause because China will continue to enjoy good business and political relationship with Pakistan. Afterall, China already got the very big investment in Gwadar Port inside Pakistan.

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-06-27 15:08 | Report Abuse





OIL SUPERBULL ~~~ =D




beinvested

2,445 posts

Posted by beinvested > 2022-06-27 15:18 | Report Abuse

BTW, the Chinese always see the point as helping another country by providing financial and technical expertise to any less developed countries now as building business alliances/friendship. But the opponents always wanted to twist the agenda/project by terming the mutual benefits approach as the "debts trap". WHAT a kindergarten western/saxon-anglo defination!

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-06-27 15:50 | Report Abuse

DOW FUT GREEN

OIL GREEN

HY WILL BE VERY GREEN

=D

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-06-27 16:06 | Report Abuse

SYNDICATE

DAI SI HENG

SIU SEE MUI

DAI YEE MA

ALL ARE BACK TO SAPU HENG YUAN!!! =D

Apple2353

1,813 posts

Posted by Apple2353 > 2022-06-27 16:10 | Report Abuse

volume not there..

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-06-27 16:14 | Report Abuse

4.86 LIAO

LET'S PUSH ABOVE 5.00


=D

hengpetron

354 posts

Posted by hengpetron > 2022-06-27 16:15 | Report Abuse

Nassayer left behind, F to them. Hope they F

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-06-27 16:17 | Report Abuse

VERY LONG LONG GREEN CANDLE TODAY OOOOOOH

4.90 LIAO =D

hengpetron

354 posts

Posted by hengpetron > 2022-06-27 16:17 | Report Abuse

Shoot pass 5 like they eat shit

hng33

20,033 posts

Posted by hng33 > 2022-06-27 16:18 | Report Abuse

Don keep promoting hengyuan now, avoid shark getting notice, lets hengyuan move up steady first.

Primeinvestor

1,454 posts

Posted by Primeinvestor > 2022-06-27 16:19 | Report Abuse

finally orang nyanyuk has gone to steel counter and no sign of OTB at the forum is good, flush out both of them

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-06-27 16:20 | Report Abuse

ermmm.... hng33... you think shark doesn't know huh? they are behind all these up and down.... aren't you part of them? you sapu for uncle ah


speakup

26,303 posts

Posted by speakup > 2022-06-27 16:20 | Report Abuse

cannot tahan already. have to tikam buy

VTrade

2,434 posts

Posted by VTrade > 2022-06-27 16:21 | Report Abuse

Haha…. Very good Day
This is HY

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