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

CharlesT

14,640 posts

Posted by CharlesT > 2022-08-26 13:14 | Report Abuse

Petronm is a safer bet than HY (anyway HY is more speculative more goreng)

Any China Co hv to be more sceptical

CharlesT

14,640 posts

Posted by CharlesT > 2022-08-26 13:15 | Report Abuse

All cycle r the same

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-08-26 13:15 |

Post removed.Why?

CharlesT

14,640 posts

Posted by CharlesT > 2022-08-26 13:15 | Report Abuse

Wtf or not....lol

probability

14,463 posts

Posted by probability > 2022-08-26 13:16 | Report Abuse

this is true if the russian oil sanction will be cancelled..

Posted by Mikecyc > Aug 26, 2022 1:11 PM | Report Abuse

Haha I had posted in i3 on August 2020 on Nitrile Gloves Demand vs Supply for 7 Glove Companies , that Supply can meet the Demand in a Year time span starting from September 2020 to August 2021 ….

CharlesT

14,640 posts

Posted by CharlesT > 2022-08-26 13:16 | Report Abuse

C if HY can post RM2 EPS or not....

Maybe with 5 cents div...happy loh

probability

14,463 posts

Posted by probability > 2022-08-26 13:17 | Report Abuse

ha ha...past bite still lingers...

CharlesT

14,640 posts

Posted by CharlesT > 2022-08-26 13:20 | Report Abuse

If this Q can make EPS rm2 but cant bring the price back to RM6+...

Then if Q3 of EPS goes back to RM0.20 u think share price then can go back to RM6 ah

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-08-26 13:20 |

Post removed.Why?

CharlesT

14,640 posts

Posted by CharlesT > 2022-08-26 13:21 | Report Abuse

Some likes to maths calculation or profit projections

Some likes to anticipate n predict price movement

As long as u can make money loh

Dont get too emotional

probability

14,463 posts

Posted by probability > 2022-08-26 13:22 | Report Abuse

i am hoping EPS above RM 1 will do...

the price movement effects will happen once market understands how HY is deriving the earnings...

if market dont understand - we will teach ..he he


Posted by CharlesT > Aug 26, 2022 1:20 PM | Report Abuse

If this Q can make EPS rm2 but cant bring the price back to RM6+...

Then if Q3 of EPS goes back to RM0.20 u think share price then can go back to RM6 ah

CharlesT

14,640 posts

Posted by CharlesT > 2022-08-26 13:23 | Report Abuse

I hope u can happily teach n share here while making money....

probability

14,463 posts

Posted by probability > 2022-08-26 13:24 | Report Abuse

yes - will share the money made too...

probability

14,463 posts

Posted by probability > 2022-08-26 13:25 | Report Abuse

not the money itself i mean..ha ha

probability

14,463 posts

Posted by probability > 2022-08-26 13:27 | Report Abuse

sslee made a lot of money from CW i think..aiming to be significant shareholder of Petronm..

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-08-26 13:27 | Report Abuse

The word is........share the "money making".......not the profits/money made by yourself.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-08-26 13:28 | Report Abuse

C24 is just pocket change to Sslee............you must learn to know him better.

tehka

1,928 posts

Posted by tehka > 2022-08-26 13:28 | Report Abuse

No worry sslee, success is not measure in single day. With the last few days refinery up so much, we can expect a small drop loh before the momentum can resume

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-08-26 13:29 |

Post removed.Why?

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-08-26 13:30 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-08-26 13:31 | Report Abuse

His C24 is cost at 7c.......what's the worry?

It's only the mother shares price could be caught at higher levels.

probability

14,463 posts

Posted by probability > 2022-08-26 13:31 | Report Abuse

sslee is a great asset to i3, all the questions asked to PetronM during AGM that has been documented was likely from sslee

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-08-26 13:31 |

Post removed.Why?

sharemarket21

1,898 posts

Posted by sharemarket21 > 2022-08-26 13:35 | Report Abuse

Buy expecting good news and SELL prior to the announcement and any materials published. This 1000 years stock industry wont go wrong with the perception. This is not solid but big boys give all the surprises. Jackpot. Following the methodologies, the share price should have performed above 7 but it was not. Cash out and keep the profits unless Bursa value showing greater strength. It did slightly since yesterday and continue to observe closely.

Posted by profit profits > 2022-08-26 13:40 | Report Abuse

the asssholees from ib must be here to sing ghost songs to make warrant holders selling their warrants

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-08-26 13:46 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-08-26 13:50 |

Post removed.Why?

lee77

1,042 posts

Posted by lee77 > 2022-08-26 13:53 | Report Abuse

look the QR is bad ????
Price is waterfalll....

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-08-26 13:53 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-08-26 13:54 |

Post removed.Why?

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-08-26 13:56 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-08-26 13:56 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-08-26 13:57 |

Post removed.Why?

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-08-26 13:59 |

Post removed.Why?

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-08-26 14:00 |

Post removed.Why?

beinvested

2,445 posts

Posted by beinvested > 2022-08-26 14:02 | Report Abuse

Psalm 131
A song of ascents. Of David.
1 My heart is not proud, Lord,
my eyes are not haughty;
I do not concern myself with great matters
or things too wonderful for me.
2 But I have calmed and quieted myself,
I am like a weaned child with its mother;
like a weaned child I am content.

beinvested

2,445 posts

Posted by beinvested > 2022-08-26 14:04 | Report Abuse

Psalm 133
A song of ascents. Of David.
1 How good and pleasant it is
when God’s people live together in unity!

2 It is like precious oil poured on the head,
running down on the beard,
running down on Aaron’s beard,
down on the collar of his robe.

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-08-26 14:12 |

Post removed.Why?

BLee

852 posts

Posted by BLee > 2022-08-26 14:22 | Report Abuse

@probability: My opinion:

PetronM results were already known much ahead...and its not that explosive.

Their refinery contribution is minimal to the bottom line

They dont really gain from the diesel crack spread rise as they are forced to use Tapis at premium of 25 USD/brl against brent.

BLee: Hi @probability, you are spot on; as Tapis is considered light/sweet condensate, the treatment is very much different from some of the heavy/sour condensate. As each Refinery is unique, unlike glove factories, it is very hard to predict the profit. The crack spread you use in the calc could be based on an ideal (max.) scenario. For example, HRC tankage of 11 crude and 78 products could be another factor in how versatile the production can be?? Link: http://hrc.com.my/operations-products.html
I am no expert, just my opinion for sharing. TQ

Jerichomy

4,346 posts

Posted by Jerichomy > 2022-08-26 14:23 |

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Jerichomy

4,346 posts

Posted by Jerichomy > 2022-08-26 14:24 |

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Posted by IndianG369 > 2022-08-26 14:32 | Report Abuse

Jerichomy will feel pain when an Indian man morless touch his women young or old tektek and pookhee

probability

14,463 posts

Posted by probability > 2022-08-26 14:32 | Report Abuse

@Blee, agree..

param1

782 posts

Posted by param1 > 2022-08-26 14:48 | Report Abuse

STOP RACISM ...PLEASE

MoneyMakers

7,496 posts

Posted by MoneyMakers > 2022-08-26 14:52 | Report Abuse

Coming QR doesnt matter b’coz crack spread alrdy collapse (terrible Q3 onwards)

Same like glove QR didnt matter b’coz ASP collapse

Posted by IndianG369 > 2022-08-26 14:58 | Report Abuse

param1..ulur ni amah..saper nan kanji..The biggest gang in Klang aneh

Eldon

434 posts

Posted by Eldon > 2022-08-26 15:00 | Report Abuse

Today is T2 the force selling for those who bought on Limit Up that day..drop a bit is normal what..

linghk

81 posts

Posted by linghk > 2022-08-26 15:03 | Report Abuse

a lot of selling .... panic sellers or real sellers?

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-08-26 15:05 | Report Abuse

kxy borrow shares to short HY

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-08-26 15:10 | Report Abuse




Be greedy when others are fearful!!!! =D


Sialang!!!!


Heng~

Ong~

Huatt ah~~~!!! =D


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