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

OTB

11,250 posts

Posted by OTB > 2022-07-06 21:26 |

Post removed.Why?

StingRay

6,868 posts

Posted by StingRay > 2022-07-06 21:30 | Report Abuse

Dick... depend on how they use the hutang lah. Haiya.

OTB

11,250 posts

Posted by OTB > 2022-07-06 21:31 |

Post removed.Why?

OTB

11,250 posts

Posted by OTB > 2022-07-06 21:41 | Report Abuse

All I do not know is the refined derivative losses which I cannot get this information from any reliable source.
Based on probability's calculation on hedging, a loss of 200 million is very good.
Cannot say much until we read the Q2 2022 result.
Thank you.

StingRay

6,868 posts

Posted by StingRay > 2022-07-06 21:42 | Report Abuse

Finally, you get the point. Good for you.

OTB

11,250 posts

Posted by OTB > 2022-07-06 21:46 |

Post removed.Why?

StingRay

6,868 posts

Posted by StingRay > 2022-07-06 21:48 | Report Abuse

There is a difference between a well govern company and an owner who has more interest in their own country than Malaysia. If you understand what I mean. If not, nevermind.

zeroxweng

129 posts

Posted by zeroxweng > 2022-07-06 21:54 | Report Abuse

follow warren buffet can be rich, then no poor ppl Lready

Posted by TraderAlways > 2022-07-06 21:58 | Report Abuse

warren buffet buy low while malaysian investor buy high.
Why? Because investors buy after fly while warren buffet make the stock fly.

StingRay

6,868 posts

Posted by StingRay > 2022-07-06 22:00 | Report Abuse

and some even go to an extend of giving discount for such a high profile investor on board just so the stock looks good. hahaha.

abcb

2,914 posts

Posted by abcb > 2022-07-06 22:08 | Report Abuse

Crude oil tumble below US 100 dollars

OTB

11,250 posts

Posted by OTB > 2022-07-06 22:11 | Report Abuse

Low crude oil is good news to Hengyuan because the raw material price is cheap.
Crack spread will affect the profit margin of Hengyuan, not the low crude price.

Cakes Moon

6,901 posts

Posted by Cakes Moon > 2022-07-06 22:22 | Report Abuse

Hengyuan habis cerita.

Hotstuff

3,224 posts

Posted by Hotstuff > 2022-07-06 22:23 | Report Abuse

low price good for HY, high price good for HY, no movement good for HY, everything turn electric good for HY. conman always come out with all kinds of excuses

Hotstuff

3,224 posts

Posted by Hotstuff > 2022-07-06 22:24 | Report Abuse

whoever still listen to this mf god bless you. see you next life

Hotstuff

3,224 posts

Posted by Hotstuff > 2022-07-06 22:28 | Report Abuse

rm2.50 coming.

MoneyMakers

7,496 posts

Posted by MoneyMakers > 2022-07-06 22:36 |

Post removed.Why?

Zhuge_Liang

2,384 posts

Posted by Zhuge_Liang > 2022-07-06 22:40 |

Post removed.Why?

abcb

2,914 posts

Posted by abcb > 2022-07-06 22:45 | Report Abuse

Oil Prices fall in volatile trade on recession fears

Posted by NatsukoMishima > 2022-07-06 22:47 | Report Abuse

Wow WTI plummet kaw kaw now , atleast 40 sens drop tomorrow , better cut loss at 9am sharp tomorrow !

KooSan

447 posts

Posted by KooSan > 2022-07-06 22:47 | Report Abuse

Below US 100....

MoneyMakers

7,496 posts

Posted by MoneyMakers > 2022-07-06 22:52 |

Post removed.Why?

Hotstuff

3,224 posts

Posted by Hotstuff > 2022-07-06 22:52 | Report Abuse

price drop from 7 till 4 still ask for fact? brain damage

Hotstuff

3,224 posts

Posted by Hotstuff > 2022-07-06 22:52 | Report Abuse

fact don have. Fack you want.?

zeroxweng

129 posts

Posted by zeroxweng > 2022-07-06 22:54 | Report Abuse

now is time to find which company benefit from commodities crash

OTB

11,250 posts

Posted by OTB > 2022-07-06 22:56 |

Post removed.Why?

OTB

11,250 posts

Posted by OTB > 2022-07-06 23:00 |

Post removed.Why?

OTB

11,250 posts

Posted by OTB > 2022-07-06 23:03 |

Post removed.Why?

Hotstuff

3,224 posts

Posted by Hotstuff > 2022-07-06 23:19 | Report Abuse

ok fact is you shared your so called facts and figures when the share price above 6. you said this is not buy call but you are actually giving hint to buy. fact is you are the 9ne who caused your blind followers lose money.

Hotstuff

3,224 posts

Posted by Hotstuff > 2022-07-06 23:22 | Report Abuse

you are lucky you are still alive because 99% of your blind followers are low income class who can only lose few thousands

Hotstuff

3,224 posts

Posted by Hotstuff > 2022-07-06 23:30 | Report Abuse

you are more like a promoter from the operator syndicate. they collected quietly at 3 when price shoot up to 6 you appear and start promoting HY fairytale

OTB

11,250 posts

Posted by OTB > 2022-07-06 23:31 |

Post removed.Why?

Hotstuff

3,224 posts

Posted by Hotstuff > 2022-07-06 23:32 | Report Abuse

now because of you many has stuck at high price yet you still dare to tell them hold it is too late to sell! now is the right price to sell before you see the price tumble below rm2!

OTB

11,250 posts

Posted by OTB > 2022-07-06 23:42 |

Post removed.Why?

MoneyMakers

7,496 posts

Posted by MoneyMakers > 2022-07-06 23:45 |

Post removed.Why?

MoneyMakers

7,496 posts

Posted by MoneyMakers > 2022-07-06 23:45 |

Post removed.Why?

OTB

11,250 posts

Posted by OTB > 2022-07-06 23:50 |

Post removed.Why?

OTB

11,250 posts

Posted by OTB > 2022-07-06 23:53 |

Post removed.Why?

PureBULL ...

2,497 posts

Posted by PureBULL ... > 2022-07-07 05:46 | Report Abuse

PureBULL >>>, [2022-07-05 6:48 PM]

THE 2 OIL R DROPPING after their double top:

https://www.tradingview.com/x/Xm2RMQeh/

https://www.tradingview.com/x/RHFlhrXH/

With decreasing ASP =
palm oil n crude oil stocks r dropping fast in prices as the next QR PAT is certain to decrease.

Commodity stocks r just for short term play when its respective commodity is on bull run in prices, purely due to speculative premium.
Then commodity stocks become value.stocks as its QR PAT will increase in a big way but last short term, 1 to 2 QR max.
They r so difference compare to growth.stocks that could grow 4 to 8 QR.


NB: when we play commodity stocks next time, need to remember this line:
The commodity market can be quite unforgiving when you go into a recession and supplies outstrip demand.

klee

3,174 posts

Posted by klee > 2022-07-07 07:34 | Report Abuse

Purebull talk pandai but always the last one to sell.

Posted by investor2021trading > 2022-07-07 07:51 | Report Abuse

Catsimatidis, New York billionaire and refiners aid in the interview on Fox that there’s only one fix for the current inflationary spike—a big part of which is due to soaring energy costs.

“We have 100 years’ worth of oil,” he said. “Open up the spigots.”

“If we open up the spigots and flooded the market with oil, with crude oil, American crude oil, we bring the price of oil back” and “inflation goes away,” Catsimatidis said.

i3lurker

13,737 posts

Posted by i3lurker > 2022-07-07 07:52 | Report Abuse

its back to RM1.80 per share for this Shell refinery?

Posted by investor2021trading > 2022-07-07 07:58 | Report Abuse

Saudi Arabia is charging Asian buyers near-record prices for oil as demand soars and supply remains pressured.

Saudi Arabia will raise oil prices next month for Asian buyers to $9.30 a barrel above the regional benchmark.

Prices from of the world's largest oil producers have skyrocketed past other countries in the Middle East.

Although OPEC+ agreed to raise production in July and August, experts say it'll be hard to meet targets.

williamtkb

3,216 posts

Posted by williamtkb > 2022-07-07 08:33 | Report Abuse

Crude oil below USD100. Can HY stay above Rm4?

abcb

2,914 posts

Posted by abcb > 2022-07-07 09:02 | Report Abuse

Very critical bearish for HY

sharemarket21

1,898 posts

Posted by sharemarket21 > 2022-07-07 09:15 | Report Abuse

Comrades, the brave should in by now. Let's weather the storm and see where is this sinking ship heading. Remember to let go when you see the land. Abandon the captain when it hit rock and second layer of the fortress. 3.93. 3-8% or 4.50. It worth the investment. Good luck !

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-07-07 09:23 | Report Abuse

Sialang!!! =D

Hengyuan and Petronm share price was over RM10.00 in 2017/2018 while the oil price was only around $65...

Now oil price is still about $100~~~
Heng

Ong

Huatt ah~~~ =D

hng33

20,009 posts

Posted by hng33 > 2022-07-07 09:23 | Report Abuse

Please take note hengyuan have 1-month feedstock crude oil storage tank capacity and 1 week end product refined oil storage tank capacity.

Based on first in first out policy, if crude oil and refined oil tumbling, the huge storage capacity on both feedstock and end product need to mark to market price.

Jerichomy

4,346 posts

Posted by Jerichomy > 2022-07-07 09:26 |

Post removed.Why?

Jerichomy

4,346 posts

Posted by Jerichomy > 2022-07-07 09:26 |

Post removed.Why?

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