Posted by sharemarket21 > 2022-07-08 12:22 | Report Abuse

Well done to the brave soldiers who have landed safely in the morning. It's a choice and SELLING is the final action.

Posted by ks55 > 2022-07-08 13:39 | Report Abuse

Blog: Hengyuan's future is bleak - Koon Yew Yin

Jul 8, 2022 9:45 AM | Report Abuse

I agree with KYY this time. HYR future is really bleak. Reasons:

1. How does a refinery report its profit? You know what does it means by replacement cost? Has the crude oil price peaked?

2. How is the crack spread heading? Do you know why major oil companies had disposed their refineries few years back on negative refinery margin? Why Shell sold its Port Dickson refinery to a China company way below its NTA then?

3. Do you believe Ukraine War will end one day? What will happen to the supply of crude oil then?

4. Do you know the whole world is heading for stagflation/recession/depression in the midst of high inflation? What is the effect on the demand of crude oil? Ref to para 1 & 2 above to see the outcome.

5. Don't ever believe in a red chip stock. A red chip stock forever a red chip. Remember when it was 'making' billions during those years and declared only 10 sen dividend?

Posted by ks55 > 2022-07-08 13:40 | Report Abuse

What is written today please find out in 3 years time if it is true.

Posted by paktua73 > 2022-07-08 14:03 | Report Abuse

ASTUTE market observers would have noticed on the local bourse a group of individuals, supposedly acting in concert, who have amassed shares in more than 20 publicly traded companies. These companies — linked via shareholding and directorships — are often on the most actively traded list, with huge, fluctuating share prices.

“It (the companies) is all linked to the same person; usually, the most actively traded list on a daily basis involves these counters,” one source says when asked which are the companies that are linked.

However, research by The Edge (see chart on the 21 companies) indicates that while other businessmen have surfaced, the individual said to be in control of the group of companies is not officially onboard or present as a shareholder.

This [his not surfacing] could be due to several issues,” another source adds.

It is also telling that nine of the 21 companies mentioned — AT Systemization Bhd, MLabs Systems Bhd, Focus Dynamics Group Bhd, mTouche Technology Bhd, Fintec Global Bhd, XOX Bhd, M3Technologies (Asia) Bhd and NetX Holdings Bhd — have their principal place of business, head office, business office or corporate office in Menara Lien Hoe, near Tropicana Golf Country Resort in Petaling Jaya. On its website, Lambo Group Bhd states that its address is at Menara Lien Hoe, even though the address in its annual report is in Old Klang Road in Kuala Lumpur.

In 2006, Lien Hoe Corp Bhd sold Lien Hoe Tower Sdn Bhd, which owns Menara Lien Hoe, to privately held E-Globalfocus Sdn Bhd for RM1 and the assumption of RM43 million in debts.
Meanwhile, E-Globalfocus was 68%-controlled by Cubes Innovative Sdn Bhd, a company 99%-controlled by Chuah Hock Soon. Chuah and businessman Datuk Kenneth Vun @ Vun Yun Lun were charged with four others in July 2014 for allegedly manipulating DVM Technology Bhd shares in March 2006.

Vun has had several issues with the Securities Commission Malaysia and, in 2009, had to restitute RM2.496 million — being the amount of company funds that he had caused to be misused for his personal benefit, according to the regulator — to his then flagship FTEC Resources Bhd.

Since FTEC — which morphed into Tecasia Bhd and later Mangotone Bhd — was delisted, Vun has had little direct presence in the market. However, Vun’s two sisters, Carol Vun On Nei and Grace Vun Siaw Nei, hold stakes of 3.64% and 0.67% respectively in Xidelang Holdings Ltd.

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FROM THE EDGETOP STORIES
Edge Weekly
Special Report: Hidden hands behind penny stock surge
The Edge Malaysia
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The Edge Malaysia

September 30, 2020 18:00 pm +08

This article first appeared in The Edge Malaysia Weekly, on September 21, 2020 - September 27, 2020.
Special Report: Hidden hands behind penny stock surge
-A+A
ASTUTE market observers would have noticed on the local bourse a group of individuals, supposedly acting in concert, who have amassed shares in more than 20 publicly traded companies. These companies — linked via shareholding and directorships — are often on the most actively traded list, with huge, fluctuating share prices.

“It (the companies) is all linked to the same person; usually, the most actively traded list on a daily basis involves these counters,” one source says when asked which are the companies that are linked.

However, research by The Edge (see chart on the 21 companies) indicates that while other businessmen have surfaced, the individual said to be in control of the group of companies is not officially onboard or present as a shareholder.

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“This [his not surfacing] could be due to several issues,” another source adds.

It is also telling that nine of the 21 companies mentioned — AT Systemization Bhd, MLabs Systems Bhd, Focus Dynamics Group Bhd, mTouche Technology Bhd, Fintec Global Bhd, XOX Bhd, M3Technologies (Asia) Bhd and NetX Holdings Bhd — have their principal place of business, head office, business office or corporate office in Menara Lien Hoe, near Tropicana Golf Country Resort in Petaling Jaya. On its website, Lambo Group Bhd states that its address is at Menara Lien Hoe, even though the address in its annual report is in Old Klang Road in Kuala Lumpur.

In 2006, Lien Hoe Corp Bhd sold Lien Hoe Tower Sdn Bhd, which owns Menara Lien Hoe, to privately held E-Globalfocus Sdn Bhd for RM1 and the assumption of RM43 million in debts.


Meanwhile, E-Globalfocus was 68%-controlled by Cubes Innovative Sdn Bhd, a company 99%-controlled by Chuah Hock Soon. Chuah and businessman Datuk Kenneth Vun @ Vun Yun Lun were charged with four others in July 2014 for allegedly manipulating DVM Technology Bhd shares in March 2006.<read more on article below..

https://www.theedgemarkets.com/article/special-report-hidden-hands-behind-penny-stock-surge





tut tut
saja nak kasi hot..

Posted by Sslee > 2022-07-08 14:05 | Report Abuse

I just wonder after what KYY had said, wrote and done still got wonderful people believing in him.

How many more time you want KYY to fool you?

Fool me once, shame on you. Fool me twice, shame on me. Fool me three times, shame on both of us. Fool me the fourth, fifth, sixth....times?????????

Posted by paktua73 > 2022-07-08 14:18 | Report Abuse

paktua highlight above article as..
"THE MOB ON KLSE"..



soon will reveal who most powerful gang
doing this loophole legal trading law..



tut tut
sedia bermain api..

Posted by VincentTang > 2022-07-08 15:04 | Report Abuse

Crack spread drop 8.89% today
https://www.tradingview.com/symbols/NYMEX-D1N1%21/

Posted by ValueInvestor888 > 2022-07-08 16:55 | Report Abuse

At current price RM 4.20, the crack spread should be USD 10 or below....
No need to keep repeating few times today lah.

Average spread 2021 was USD 7.70. HY price range for year 2021 was around RM 3.90-6.20 average about RM 4.90

Avg crack spread(from SSlee) :
Q12022 - about USD14 ,
2021 -about USD7.78 ,
2020 -aboutUSD1.44

Posted by Johnzhang > 2022-07-08 17:22 | Report Abuse

Too much negative sentiment created by a group of people for an intended purpose. No need to waste your time to refute them Just lie low and stay silent until end Aug. if you intend to buy or sell during this period just do it quietly.

Posted by Ravi1969 > 2022-07-08 19:16 | Report Abuse

People with vested interest will not have a good life

Posted by DickyMe3 > 2022-07-08 20:31 |

Post removed.Why?

Posted by IshraaqNor > 2022-07-08 21:15 | Report Abuse

Tak apa. Warren Buffet ada melabur downstream oil & gas syarikat pada tempoh ini. Boleh kaji strateginya

Posted by Jerichomy > 2022-07-08 22:54 |

Post removed.Why?

Posted by Jerichomy > 2022-07-08 22:56 |

Post removed.Why?

Posted by niktraderinvestor > 2022-07-09 12:12 | Report Abuse

Wakakakaka

Jerichomy

Haha

Johnzhang
Too much negative sentiment created by a group of people for an intended purpose. No need to waste your time to refute them Just lie low and stay silent until end Aug. if you intend to buy or sell during this period just do it quietly.
5 hours ago

13 hours ago

Posted by Johnzhang > 2022-07-09 14:50 | Report Abuse

Just lie low and stay silent until end Aug. Don’t refute those rascals who harbor evil intention.
Just make your knowledge based buy or sell decision in the quiet.

Posted by harold8990 > 2022-07-09 20:43 | Report Abuse

Can come back early August or end of July.

Posted by TraderAlways > 2022-07-09 21:15 | Report Abuse

Game over already.

Posted by Ravi1969 > 2022-07-09 21:58 | Report Abuse

Game over game on whatever la dumb naysayers

Posted by Jerichomy > 2022-07-10 09:46 |

Post removed.Why?

Posted by Jerichomy > 2022-07-10 11:09 |

Post removed.Why?

Posted by emsvsi > 2022-07-10 21:20 | Report Abuse

DEAR OOI TEIK BEE HIPE YOU ARE SURVIVING

Posted by Limcken > 2022-07-11 16:20 |

Post removed.Why?

Posted by SALAM > 2022-07-11 17:53 | Report Abuse

For the sake of just RM1000, conman sifu prepared to take you for 'holiday' in HOLAN

Posted by Johnzhang > 2022-07-12 09:34 | Report Abuse

Just lie low and stay silent until end Aug. No point to refute or argue .
Just follow your own gut feeling .

Posted by paktua73 > 2022-07-12 11:47 | Report Abuse

morning..
paktua back in here..
paktua will swallow if reach rm4.09 and below..
no matter what..
we set own move n will follow own method..
we dare to fight when hit our own target..
never care else..
we dare to buy or die try..



tut tut
red troopers let we ride on this brutality red wave..
we dare to fight or die try..

Posted by titan3322 > 2022-07-12 11:54 | Report Abuse

You can swallow below 4.05 too

Posted by paktua73 > 2022-07-12 12:02 | Report Abuse

wow..today will get below rm4?
paktua set final reload at rm3.88..
let see how..



tut tut
love play red sea..

Posted by StingRay > 2022-07-12 12:04 | Report Abuse

Paktua, that would be around my range. hahaha.

Posted by paktua73 > 2022-07-12 12:13 | Report Abuse

haha let ride together stingray..


tut tut
when all sifu gone that time we come
hehe

Posted by StingRay > 2022-07-12 12:18 | Report Abuse

Paktua, sure tapi belum sampai level I masuk lagi. hahaha.

Posted by klee > 2022-07-12 13:16 | Report Abuse

paktua lawan beruang....kikiki

Posted by Pendekar_BujangLapok > 2022-07-12 13:24 | Report Abuse

Jahanam betul. Ini sudah jadi macam hiaptek. Dulu kata harga besi tinggi dan harga saham akan mencecah langit. Lihat apa sudah jadi. Tak lama Hengyuan pun akan ikut nasib yang sama.

Posted by klee > 2022-07-12 13:43 | Report Abuse

Bear market semua saham jatuh la.Not wise to fight the bear,unless you are like paktua fifo.

Posted by klee > 2022-07-12 13:44 | Report Abuse

Bear no care apa FA,apa TA....he eat all for breakfast

Posted by sharemarket21 > 2022-07-12 13:47 | Report Abuse

Great for those who have cashed out 3-7% earlier and if not, hope for another round if any. Still stop loss remains valid. Must know how and when to sell...

Posted by paktua73 > 2022-07-12 13:49 | Report Abuse

haha..
sejak bila red never fight with green
hehe..

as long know own abilities n never greesy..
dare to cut lost and admit the loses..
we always can survive in brutality klse world..



tut tut
sini cuma ajak members cari duit makan durian msk je..

Posted by klee > 2022-07-12 13:59 | Report Abuse

paktua....eat durian no shiok...short klci boleh dapat abalone

Posted by mf > 2022-07-12 14:20 | Report Abuse

EU to raise inflation forecasts as officials prepare for a permanent cut to Russian gas

Posted by Sslee > 2022-07-12 14:51 | Report Abuse

If you are ruuning a factory and your Heater burner are duel fuel on NG or liquid fuel. So what happen when Russia NG is cut?

Posted by Sslee > 2022-07-12 14:53 | Report Abuse

D1N1!
SINGAPORE MOGAS 92 UNLEADED (PLATTS) BRENT CRACK SPREAD FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)NYMEX
18.324
D
USD
+0.781
(+4.45%)

MARKET OPEN
17.543
PREV
18.324
OPEN
0
VOLUME
18.324 — 18.324
DAY'S RANGE

Posted by Mikecyc > 2022-07-12 15:03 |

Post removed.Why?

Posted by MunChunxX > 2022-07-12 15:15 | Report Abuse

support rm 4

Posted by paktua73 > 2022-07-12 15:24 | Report Abuse

haha..paktua never care else..
if hit below rm4.09 paktua will swallow..


tut tut
thanks who throw from 4.09-4.07

Posted by Ahahah > 2022-07-12 21:29 | Report Abuse

Don’t look good for oil counters.

Posted by Jerichomy > 2022-07-12 22:49 | Report Abuse

I dah cakap but kena orang marah gila

Pendekar_BujangLapok
Jahanam betul. Ini sudah jadi macam hiaptek. Dulu kata harga besi tinggi dan harga saham akan mencecah langit. Lihat apa sudah jadi. Tak lama Hengyuan pun akan ikut nasib yang sama.
9 hours ago

Posted by KooSan > 2022-07-12 23:23 | Report Abuse

Below 100..........

Posted by abcb > 2022-07-12 23:57 | Report Abuse

May limit down any time from now

Posted by abcb > 2022-07-13 00:14 | Report Abuse

Oil prices slump sharply Tuesday, weigh by further COVID curbs in China- the World's largest imported of crude,a stronger dollar, and concerns about a global economic slowdown
Don't ever catch a sharp falling knife

Posted by mf > 2022-07-13 03:37 | Report Abuse

Crude Oil WTI 95.58 -8.51 -8.18%
Brent Oil 98.97 -8.13 -7.59%