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 2 days ago

Hwai Hooi

2,249 posts

Posted by Hwai Hooi > 2022-08-23 17:03 | Report Abuse

tomorrow jump up?

Eldon

434 posts

Posted by Eldon > 2022-08-23 17:04 | Report Abuse

Hopefully tomorrow don’t limit up…up 29% is enough..everyday up 29%…

investor77

794 posts

Posted by investor77 > 2022-08-23 17:15 | Report Abuse

Very good day today !! Have to thank Sifu OTB, SSlee, Probability and Zhuge Liang, for the excellent work and Faith in Heng Yuan. As mentioned, even Eps of RM1/ share is enough. Thought slow and steady enough, suddenly Limit UP !!! Incredible Velocity !!

Johnzhang

3,068 posts

Posted by Johnzhang > 2022-08-23 18:02 | Report Abuse

Unbelievable !!!!!!!
@ Zhuge_Liang, congratulations for your limit up wish come thru. I didn’t believe it could happen.
@Probability , your in-depth knowledge, conviction and perseverance really pays off now. Based on your regular updates in this forum, I have benefited a lot from adding to my holdings considerable volume from $4.03 to $4.30 in recent weeks
. As future qtrs earnings is expected to be still good , I will hold on to them to reap higher return. Thank you .

probability

14,463 posts

Posted by probability > 2022-08-23 18:09 | Report Abuse

glad to hear that from you John.. lets hope for the best

cedcan

401 posts

Posted by cedcan > 2022-08-23 18:24 | Report Abuse

Believe it or not, first time taking profit limit up! Congrats all and thanks to all the Sifus here

tehka

1,928 posts

Posted by tehka > 2022-08-23 18:36 | Report Abuse

I hope tomorrow 7.26

sonyx123

656 posts

Posted by sonyx123 > 2022-08-23 19:32 | Report Abuse

@Probability. Why did the share price Shri Venkatesh Refineries rallied so much? Good results?

probability

14,463 posts

Posted by probability > 2022-08-23 19:59 | Report Abuse

@sonyx123, the cause of the recent rise could be either on anticipation of good results for qtr ending June 22' or due to the fact that diesel shortage in EU is benefitting refineries from Asia who are able to sell at good margin and this is expected to be a prolonged phenomenon potentially worsened further when sanction is in full force by Dec 22'.


I believe the latter is the actual reason.

820,000 bpd diesel is imported by EU from Russian despite US exporting as much as possible to EU. Its difficult to fill this gap unless 2 million barrels per day refinery capacity comes up outside Russia.

probability

14,463 posts

Posted by probability > 2022-08-23 20:05 | Report Abuse

Bear in mind that EU will also likely not import refined oil from countries that buy russian oil, as it effectively means they are still supporting russian oil business.

India had been systematically reducing russian oil intake recently.

Posted by donnybelowski > 2022-08-23 20:53 |

Post removed.Why?

Macrullen

351 posts

Posted by Macrullen > 2022-08-23 22:08 | Report Abuse

That day he just wrote article said lucky he sold all before the crack spread started to fall. I believe this week, he will write a new article mention that He’s ady inside HY.

beinvested

2,445 posts

Posted by beinvested > 2022-08-23 22:26 | Report Abuse

Quarterly report ending 30 June is due to be released latest at the end of this month when the grace period of reporting is 2 months. During this 2nd quarter, the oil price was very high and there must be very big profit as expected. Whenever the huge profit report can not be contained anymore but being prepared to be disclosed to the SC, the "limit up" is understandable. Btw, the NTA is RM6.62 since the last QR.

Zhuge_Liang

2,384 posts

Posted by Zhuge_Liang > 2022-08-23 22:27 |

Post removed.Why?

tehka

1,928 posts

Posted by tehka > 2022-08-23 22:33 | Report Abuse

Uncle wants to attack Hengyuan ah? This is perfect buy signal. It means uncle wants to buy Hengyuan

Zhuge_Liang

2,384 posts

Posted by Zhuge_Liang > 2022-08-23 22:56 | Report Abuse

All US oil and gas stocks and also refinery stocks move up north strongly today.
Hope to see a limit up again on Hengyuan and hopefully on Petronm too.

Posted by donnybelowski > 2022-08-23 22:57 | Report Abuse

Uncle write Buy tomolo. Haha

Posted by bullmarket1628 > 2022-08-24 06:19 |

Post removed.Why?

Vicky

1,461 posts

Posted by Vicky > 2022-08-24 07:22 | Report Abuse

Hello guys. Today the Jackson hole symposium starts. Fed may increase rate hikes to tame the inflation thus slowing down the economy. Oil utilisation will be affected. No justification if oil above USD100 only. It should reach USD120 to justify the rally....

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-08-24 07:40 | Report Abuse

Vickneswaran baru bangun ke? Or fishing for info? Past weeks already so much info from many sifu here, yet you missed the sampan???

Don't pretend you were not taught about Oil upstream and downstream industries which may only have the same common commodity, and nothing more????

Oil at USD120 only can rally meh? Who told you one???.....hehehehe

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-08-24 07:44 | Report Abuse

Yesterday HY mother saw LU at 30% up.............but the best award should go to C24......up from 7c to touch 20c and closed at 19c, a remarkable 171% gain !!!

James_Bond

3,303 posts

Posted by James_Bond > 2022-08-24 07:45 | Report Abuse

Brent Oil price hits USD 100 again… Congrats to HY shareholders again. Expecting HY to fly high at least 20-30% today! Sky the limit! Cheers!

speakup

26,304 posts

Posted by speakup > 2022-08-24 07:57 | Report Abuse

najib go jail. izzit good or bad for HY?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-08-24 08:01 | Report Abuse

Your're kidding right?

speakup
najib go jail. izzit good or bad for HY?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-08-24 08:03 |

Post removed.Why?

cK1973

1,837 posts

Posted by cK1973 > 2022-08-24 08:15 | Report Abuse

good morning guys....
hope for another good performance....
here we go HY.....

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-08-24 08:17 | Report Abuse



Yupe, Limit up within 30 mins open =D

pang72

7.26

cK1973

1,837 posts

Posted by cK1973 > 2022-08-24 08:25 | Report Abuse

LU again ka today....
wow .....
macam ni next week boleh sampai 25 ka???
serious ka u orang!!!

Posted by Mr NoNeedToStudy > 2022-08-24 08:25 | Report Abuse

nope ain't falling for this trap . Those who knows knows

Sslee

5,618 posts

Posted by Sslee > 2022-08-24 08:31 | Report Abuse

BobAxelrod,
TQ I now holding 888.8K C24 at about 7 cents. Need to thank 888STOCK888 for the lucky number.

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-08-24 08:34 | Report Abuse




Let's all Huatt together~

Syndicates will go full gear in the morning and go limit up!!! =D

18.88 is not impossibe!!! =D

Heng~

Ong~

Huatt ah~ =D

beinvested

2,445 posts

Posted by beinvested > 2022-08-24 08:43 | Report Abuse

Buyers are willing to pay RM7.26 for a share in the early morning.

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-08-24 08:49 | Report Abuse

Soon they are willing to pay 18.88.



beinvested

Buyers are willing to pay RM7.26 for a share in the early morning.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-08-24 08:52 | Report Abuse

May all your prayers and wishes come true !

Apple2353

1,813 posts

Posted by Apple2353 > 2022-08-24 08:52 | Report Abuse

Today another LU... Huat chai..

kl_guy

1,479 posts

Posted by kl_guy > 2022-08-24 09:09 | Report Abuse

wah...so early retail all sell already....hey quarterly report not out yet

Apple2353

1,813 posts

Posted by Apple2353 > 2022-08-24 09:12 | Report Abuse

still early.. nanti gap up

beinvested

2,445 posts

Posted by beinvested > 2022-08-24 09:21 | Report Abuse

OK, now better

James_Bond

3,303 posts

Posted by James_Bond > 2022-08-24 09:25 | Report Abuse

I m in HY again! Cheers!

rr88

6,531 posts

Posted by rr88 > 2022-08-24 09:25 | Report Abuse

An Operator took advantage of yesterdays good sentiment on oil n gas to push HY all day long.

Now he is controlling the trades in a small range to unload n distribute his yesterdays acquired shares.

Once he is done, price will turn red n drop to 5.00 n below 5.00.

If you go in now, you will lose more than 1.00 a piece.

Manipulator at work. Beware!

subwayzzz

1,062 posts

Posted by subwayzzz > 2022-08-24 09:28 | Report Abuse

til then
party's on now

IshraaqNor

655 posts

Posted by IshraaqNor > 2022-08-24 09:28 | Report Abuse

Keadaan ni membuktikan harga saham HY amat dipengaruhi oleh harga brent oil / WTI oil; revenuenya merujuk kepada harga refinery crack spread

MoneyMakers

7,496 posts

Posted by MoneyMakers > 2022-08-24 09:29 | Report Abuse

Becareful chase high

Syndicate waiting dump high on ur head

Posted by donnybelowski > 2022-08-24 09:30 | Report Abuse

Uncle koon accumulating now. Buy buy

Posted by donnybelowski > 2022-08-24 09:31 | Report Abuse

Dont worry. Uncle is supporting the price

MoneyMakers

7,496 posts

Posted by MoneyMakers > 2022-08-24 09:32 | Report Abuse

No fundamental support at this price

Those chase high sure completely slaughtered when dump to rm3 (historical price)

Posted by donnybelowski > 2022-08-24 09:34 | Report Abuse

Dont worry. Uncle is there for u

MoneyMakers

7,496 posts

Posted by MoneyMakers > 2022-08-24 09:37 | Report Abuse

Coming QR will likely underperform b’coz of hedging

Even if Q2 ok, almost certain Q3 will be terrible b’coz crack spread alrdy collapse

Syndicate just waiting to dump high on ur head

Posted by donnybelowski > 2022-08-24 09:38 | Report Abuse

Why u so much hatred. U never learn from uncle. Buy.

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