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

Posted by Extraordinary88 > 2022-06-29 08:43 | Report Abuse

MoneyMakers

Shut up jerichomy

Dont use my comments 4 ur trolling..useless troll

12 hours ago

Jerichomy

4,346 posts

Posted by Jerichomy > 2022-06-29 09:01 |

Post removed.Why?

Jerichomy

4,346 posts

Posted by Jerichomy > 2022-06-29 09:06 |

Post removed.Why?

Jerichomy

4,346 posts

Posted by Jerichomy > 2022-06-29 09:27 |

Post removed.Why?

paktua73

18,413 posts

Posted by paktua73 > 2022-06-29 09:27 | Report Abuse

iyaaa whole malaysia know..
sambal ikan bilis is favorite dish in malaysia..
if no sambal ikan bilis..nasi lemak will gone his tastes..
iyaaa..



tut tut
love eat ikan bilis

Posted by Extraordinary88 > 2022-06-29 09:28 | Report Abuse

rr88

Shut up jerichomy

Dont use my comments 4 ur trolling..useless troll

12 hours ago

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-06-29 09:37 | Report Abuse

SIALANG~

SIALANG~

SIALANG~~~

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-06-29 09:39 | Report Abuse

Syndicate~

FM~

Dai See Heng~

Dai See Dai~

Dai Yee Ma~

All are back to accummulate Hengyuan gao gao~

See you at 10.00 in July~ 15.00 in August~ 20.00 in September!!! =D

Heng~

Ong~

Huatt~~ Ah~

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-06-29 09:46 | Report Abuse

HOOOT 99999!!!!!

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-06-29 09:47 | Report Abuse

GREEEENNNN~~~~!!!! =D

paktua73

18,413 posts

Posted by paktua73 > 2022-06-29 09:47 | Report Abuse

today HY mybe will climb till rm5..
1st week of july will see good rally..


tut tut
makan nasi lemak sambal lobster..
ihik ihik

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-06-29 09:49 | Report Abuse

BREAKING 5.000!!!!

HOOOT 9999!!!!!

HOOT HOOT HOOT!!!! =D

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-06-29 09:57 | Report Abuse

5.00!!! =D

SHOW TIME~

SEE YOU AT 10.00~

Primeinvestor

1,454 posts

Posted by Primeinvestor > 2022-06-29 10:04 | Report Abuse

when otb and kyy both disappeared = is time to buy

paktua73

18,413 posts

Posted by paktua73 > 2022-06-29 10:07 | Report Abuse

yes above rm5..
its time to see back rm5.20



tut tut
let we show to all monster..
how spicy sambal bilis..
hehe

param1

782 posts

Posted by param1 > 2022-06-29 10:15 | Report Abuse

THANKS ZHEEFU R88 FOR YOUR INSIGHT I AM MAKING MONEY NOW .....TOO BAD YOU SOLD BUT PROFIT IS PROFIT HOWEVER SMALL

Russel

545 posts

Posted by Russel > 2022-06-29 10:18 | Report Abuse

Heng Yuan would be the best counter you have ever buy in your entire life!

beinvested

2,445 posts

Posted by beinvested > 2022-06-29 10:18 | Report Abuse

Ya! going up

param1

782 posts

Posted by param1 > 2022-06-29 10:20 | Report Abuse

5.80

beinvested

2,445 posts

Posted by beinvested > 2022-06-29 10:38 | Report Abuse

What a kindergarten assumption after all

beinvested

2,445 posts

Posted by beinvested > 2022-06-29 10:44 | Report Abuse

Russians has won. Their currency performed very well owing to the income from the oil/gas buying with Rubel. The West/USA has made a miscalculation. This period is the same as the coming QR.

OTB

11,250 posts

Posted by OTB > 2022-06-29 10:46 | Report Abuse

My calculation is kindergarten standard, my buy signal is a Holland tips.
Please do not buy.

It is so difficult to buy cheap when daily MACD shows a buy signal.
I buy big in the last few days, please do not buy to follow me.
I may take you to Holland.
Thank you.

beinvested

2,445 posts

Posted by beinvested > 2022-06-29 10:47 | Report Abuse

Yes, they said that Putin has been to the kindergarten before.

speakup

26,303 posts

Posted by speakup > 2022-06-29 10:48 | Report Abuse

haiyah, OTB
u should have told me this when i follow u buy steel counter u promoted kuat kuat. then i wouldn't have followed u.

hng33

20,009 posts

Posted by hng33 > 2022-06-29 10:48 | Report Abuse

Due to the increasing refining margins, Brent Oil and diesel
prices spread throughout the year, especially after the
Russia-Ukraine War. In Figure 2, you can see how the Brent
Oil Price and CIF MED (Genoa/Lavera) ultra-low-sulfur diesel
price, the price level Turkey also follows, changed over the
year. According to data, while the Brent Oil prices increased
65%, diesel prices increased 148% in dollar terms over the
year. Gasoline prices followed a similar pattern as well.

http://web2.bilkent.edu.tr/eeps/wp-content/uploads/sites/15/2022/06/Synergy-3.30.pdf

OTB

11,250 posts

Posted by OTB > 2022-06-29 10:54 | Report Abuse

Should cut loss because I told my group to buy Hengyuan a few days ago.
Should only buy in August 2022 when the crack spread can maintain at USD30.
Should cut loss now and buy back at 3.00.
Very irresponsible person.

Jerichomy

4,346 posts

Posted by Jerichomy > 2022-06-29 11:08 |

Post removed.Why?

stockwin

285 posts

Posted by stockwin > 2022-06-29 11:11 | Report Abuse

A friend told me he is confused by his Sifu. Sifu told him HY is Very undervalued now. But the best time to buy is early August ?? Now is below RM5, wait for RM7 in August to buy ?
Yes, this sifu want to cover his backside.

Posted by ValueInvestor888 > 2022-06-29 11:11 | Report Abuse

rebound over 20% is not a dead cat bounce like KYY said in his earlier article.

OTB

11,250 posts

Posted by OTB > 2022-06-29 11:12 |

Post removed.Why?

tehka

1,928 posts

Posted by tehka > 2022-06-29 11:14 | Report Abuse

Don't know why still got ppl complaining. Hengyuan up, everyone make money loh everyone happy right?

Posted by ValueInvestor888 > 2022-06-29 11:16 | Report Abuse

when crack spread is at USD 30 in Aug, HY price will not be RM 5, it maybe more than RM 8 by then....

Posted by niktraderinvestor > 2022-06-29 11:19 | Report Abuse

Putin ally threaten strike on Europe's largest oil hub

Russian politician and former regional military commander has suggested that Europe will "totally croak" if Russia militarily targets Europe's biggest oil hub in the Netherlands. Andrey Gurulyov, an MP at the state Duma, was speaking on state TV when he said that if Russia decided to target the Netherlands, where some 40 percent of Europe's oil is received and processed, Europe would "croak.

tehka

1,928 posts

Posted by tehka > 2022-06-29 11:19 | Report Abuse

Even moneymaker is vanished

beinvested

2,445 posts

Posted by beinvested > 2022-06-29 11:21 | Report Abuse

Price-to-book value

stockwin

285 posts

Posted by stockwin > 2022-06-29 11:23 | Report Abuse

Good point OTB. Do you ONLY enjoy the full benefit of increased crack spread if the contract size is small?? How so? TQ

tehka

1,928 posts

Posted by tehka > 2022-06-29 11:28 | Report Abuse

Stockwin who is your friend sifu? Kyy ah?

OTB

11,250 posts

Posted by OTB > 2022-06-29 11:28 | Report Abuse

I do not know the refined derivative contracts of Hengyuan, hence I really do not know anything on this subject.
I will not want to comment.
Based on probability's calculation, the refined derivative losses is estimated to be RM200 million.
Thank you.

OTB

11,250 posts

Posted by OTB > 2022-06-29 11:41 | Report Abuse

The US stock markets are bear market now.

Hong Kong and Shanghai stock markets are bull markets now by definition.
I hope these 2 stock markets will help to bring up KLSE.
I also hope KLSE will follow these 2 stock markets more than the US stock markets.
Thank you.

hng33

20,009 posts

Posted by hng33 > 2022-06-29 11:46 | Report Abuse

For 2021, hengyuan answer MSWG question

The other operating losses mainly consist of paper loss
from non-hedged derivatives, which is eventually offset with
stockholding gain, and thereby protecting our margin and inventory.
As such, the Company will continue with its hedging strategies in
response to market conditions.

http://hengyuanrefining.listedcompany.com/misc/Responses_to_Questions_from_MSWG_63rd_AGM.pdf

williamtkb

3,216 posts

Posted by williamtkb > 2022-06-29 11:54 | Report Abuse

Today target 580.... Now still weak rebound... Closed 580 gap only turn uptrend again....

hng33

20,009 posts

Posted by hng33 > 2022-06-29 11:56 | Report Abuse

The important guidelines is future crack spread, at least now after Fridat, July crack spread jump further up to USD37, and next month Aug crack spread retain USD 29. As long as these trend can maintain, its right time to enter. Anyhow, must monitor future crack spread everytime to observe any drastic change further until hengyuan release Aug result.

hng33

20,009 posts

Posted by hng33 > 2022-06-29 11:58 | Report Abuse

SINGAPORE MOGAS 92 UNLEADED (PLATTS) BRENT CRACK SPREAD FUTURES

Posted by Extraordinary88 > 2022-06-29 12:03 | Report Abuse

Crude Oil prices headed north, after French President Emmanuel Macron said on Monday the president of the United Arab Emirates, Sheikh Mohammed bin Zayed al-Nahyan (MbZ), had told him two top OPEC oil producers, Saudi Arabia and the United Arab Emirates, can barely increase oil production.

hng33

20,009 posts

Posted by hng33 > 2022-06-29 12:04 | Report Abuse

Finland and Sweden, both to join Nato, pave way for long term escalation tension between Russian (world largest oil exporter and third largest oil refiner exporter) vs. western

OTB

11,250 posts

Posted by OTB > 2022-06-29 12:08 |

Post removed.Why?

MoneyMakers

7,496 posts

Posted by MoneyMakers > 2022-06-29 12:08 | Report Abuse

Historically no correlation between crack spread & profit

Even latest crack spread highest but Q1’2022 profit worse than 2021/2020 profit

Crack spread story just lie 2 trap sheep high..most important is ‘hedged’ spread which nobody knows

beinvested

2,445 posts

Posted by beinvested > 2022-06-29 12:17 | Report Abuse

Qatar is with Iran, which is standing together with Russia. Even the rest of Middle East Arabs are not so cooperative with the US/Europeans for the time being because they also wanted to make more profits together with Russia. Make the oil pricey and do not the over-supply now. China, understandably is buying Russian's products (the oil also) and supplying products that needed by Russia. WHAT sanction!

MoneyMakers

7,496 posts

Posted by MoneyMakers > 2022-06-29 12:17 |

Post removed.Why?

Sslee

5,609 posts

Posted by Sslee > 2022-06-29 12:18 | Report Abuse

Posted by MoneyMakers > Jun 29, 2022 12:10 PM | Report Abuse
Many keep saying oil supply very tight but oil price still very weak????

MM must be sleeping on the job and did not know crude oil is at record high

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