HENGYUAN REFINING COMPANY BERHAD

KLSE (MYR): HENGYUAN (4324)

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Last Price

2.44

Today's Change

+0.05 (2.09%)

Day's Change

2.39 - 2.45

Trading Volume

31,700


33 people like this.

123,785 comment(s). Last comment by kebling98 2 hours ago

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-12 15:44 |

Post removed.Why?

Sharewire

240 posts

Posted by Sharewire > 2022-09-12 15:52 | Report Abuse

Record profit QTR 2 600million
Record tax 200++
Qtr 3 monster profit

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 15:53 |

Post removed.Why?

Sharewire

240 posts

Posted by Sharewire > 2022-09-12 15:53 | Report Abuse

Record profit QTR 2 600million
Record tax 200++
Qtr 3 monster profit

0 seconds ago

Sharewire

240 posts

Posted by Sharewire > 2022-09-12 15:53 | Report Abuse

Record profit QTR 2 600million
Record tax 200++
Qtr 3 monster profit

0 seconds ago

Sharewire

240 posts

Posted by Sharewire > 2022-09-12 15:53 | Report Abuse

Record profit QTR 2 600million
Record tax 200++
Qtr 3 monster profit

0 seconds ago

Sslee

5,588 posts

Posted by Sslee > 2022-09-12 15:53 | Report Abuse

qqq3,
You can only fraction out what is inside the crude oil then you have:

Catalytic reforming a chemical process used to convert petroleum refinery naphthas distilled from crude oil (typically having low octane ratings) into high-octane liquid products called reformates, which are premium blending stocks for high-octane gasoline.

Fluid Catalytic Cracker that crack Heavy gasoil into majority gasoline, diesel and heavy fuel oil.

Sharewire

240 posts

Posted by Sharewire > 2022-09-12 15:53 | Report Abuse

Record profit QTR 2 600million
Record tax 200++
Qtr 3 monster profit

0 seconds ago

Sharewire

240 posts

Posted by Sharewire > 2022-09-12 15:53 | Report Abuse

Record profit QTR 2 600million
Record tax 200++
Qtr 3 monster profit

0 seconds ago

Sslee

5,588 posts

Posted by Sslee > 2022-09-12 15:56 | Report Abuse

WTI crude will give you so called 3-2-1 crack spread the difference between the cost of three barrels of crude and the sum of two barrels of gasoline plus one barrel of diesel

sharemarket21

1,894 posts

Posted by sharemarket21 > 2022-09-12 16:03 | Report Abuse

Recent good news already unable to elevate the share price and demand, what if potential little setback set in along the way. The trend is more or less perceived by the public. Good fundamental stock does not behave such a manner and there will be confidence issue and high alert each spike. The few head crackers who have speculated gloves forecast and led many to disaster still talking thrash here. Let the newbies share more of instead. It's 4. 55 and not 6.55.

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-12 16:04 |

Post removed.Why?

i3lurker

13,737 posts

Posted by i3lurker > 2022-09-12 16:10 | Report Abuse

sslee
Breakeven is a fluid movable point
Heavy crude has more energy coz triple and double C=C bonds store more energy
Heavy crude can be cheaper than light crude
coz more demand by simple refineries without cracker units for light crude
Cracker units cost is usally energy [gas] and platinum costs

the maths solution is linear programming to buy different crudes
plus
breakeven analysis on power and platinum catalyst costs

Sslee

5,588 posts

Posted by Sslee > 2022-09-12 16:11 | Report Abuse

As I had said before and please allow me to repeat again:
I do not have information on HRC hedge position nor the duration of hedged nor whether HRC overhedged or underhedged.

If you wanted to know HRC refined products in year 2021 and 2020 below from annual report:

HRC 2021 annual report Page22 :
CRUDE PROCESSING FY2021
Finished Products
Liquified Petroleum Gas 7.8%
Propylene 3.8%
Light Naphtha 0.1%
Petrol 24.5%
Jet Fuel 7.1%
Diesel 35.1%
Fuel Oil Component 2.7%

Additional
Catalytic Cracked Gasoline (CCG) 16.3%
Combined Cycle Oil (CCO) 2.6%

SOURCES OF CRUDE
Malaysian: 52%
Far East: 7.2%
Russian :14.7%
Middle East: 9.6%
Others 16.5%


HRC CRUDE PROCESSING FY2020
Finished Products
Liquified Petroleum Gas 7.0%
Propylene 3.0%
Light Naphtha 0.5%
Petrol 22.0%
Jet Fuel 4.0%
Diesel 46.0%
Fuel Oil Component 1.5%
Additional
Catalytic Cracked Gasoline (CCG) 11.0%
Combined Cycle Oil (CCO) 5.0%

SOURCES OF CRUDE
54.8% Malaysian
14.9%Far East (Non Malaysian)
10.9% Russian
14.4% Middle East
5.0%Others

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-12 16:13 | Report Abuse

From now until oct pun dry season lah. You want wet season kah. Typhoon mari kah. Haiyoh. Haiyoh. Correct?


deMusangking

Aiyoh!
Soon from
dry dry sad sad

to

wet wet song song!

haha

55 minutes ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-12 16:15 | Report Abuse

What date is that. 7th Oct can wet wet kah. Haiyoh. Correct?


Haha as posted on 9/9 … Shl be swing swing swing for a week … just hope 7/10/2022 effects can Mangkin market Up …

28 minutes ago

ks55

3,801 posts

Posted by ks55 > 2022-09-12 16:16 | Report Abuse

Wow! Tak habis habis lagi?
At least now HYR thread is more balanced with pro and anti supporters, not like in 2018 when everyone promoted the share with no check and balance.
Ultimately winner take all, and hopefully loser not losing his under wear........

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 16:18 | Report Abuse

Budget this year has been brought forward at Parliament to sit on 7th Oct

Posted by UlarSawa > 1 minute ago | Report Abuse
What date is that. 7th Oct can wet wet kah. Haiyoh. Correct?

ty Y

130 posts

Posted by ty Y > 2022-09-12 16:20 | Report Abuse

What should you do? If you read this article carefully, you should know what to do.

Mr Ooi Teik Bee has warned me that he would break his friendship with me if I posted any article to depress the share price of Hengyuan further. That was why I wrote to the Admin of i3investors to withdraw all my previous postings on Hengyuan. Introspect I should not have withdrawn all my postings to encourage readers to sell as soon as possible to save their hard-earned money.

In fact, just a few days ago, on 11th June Mr Ooi sent out his circular letter to encourage all his subscribers to hold on to their Hengyuan shares to win big or to make more money. All his subscribers have been misled. I am one of the victims. That was why I delayed selling all my holdings. Now I regret that I did not sell all my Hengyuan shares earlier. If I sold earlier, I would save some money.


The above is Hengyuan price chart which is showing down trend. Mr Ooi teaches chartings as he is an expert. He should have advised all his subscribers to follow the chart to sell instead of telling them not to sell to win big. The price chart cannot lie. It is a record of the daily trading. Down trend can only mean there are more sellers than buyers every day. I should have followed the price chart which is showing down trend instead of following the advice given by Mr Ooi.

Hengyuan reported reduced EPS of 15.82 sen for the quarter ending March and EPS of 59.9 sen for quarter ending December 2021. As a result, many investors are rushing to sell their holdings.

The daily traded volume is several millions of shares. Even financial institutions or syndicate cannot stop Hengyuan from dropping.

As shown on Hengyuan share price chart above, it started to drop from Rm 7.39 on 19th May to close at Rm 5.05 yesterday. It dropped Rm 2.34 or 32% within 4 weeks. It plunged so rapidly because it reported reduced profit for its quarter ending March 2022.

Its next quarter result ending June might be fantastic. But the result will only be announced before the end of August which is about 2.5 months’ time. At the meantime, every day there are more sellers than buyers to support the share price.

That is why it is dropping continuously. You should know what to do.

Is my friendship with Mr Ooi more important than saving hundreds of investors’ hard warned money?

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-12 16:23 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-12 16:23 | Report Abuse

Bcos 2017 many are superpromoters mah. Today many ex super promoters pun tukar jadi super penkritik mah. Of course will be more balance lah. Haiyoh. Correct?


ks55

Wow! Tak habis habis lagi?
At least now HYR thread is more balanced with pro and anti supporters, not like in 2018 when everyone promoted the share with no check and balance.
Ultimately winner take all, and hopefully loser not losing his under wear........

6 minutes ago

Sslee

5,588 posts

Posted by Sslee > 2022-09-12 16:24 | Report Abuse

I3lurker,
Your information well received and noted with thanks

Zhuge_Liang

2,384 posts

Posted by Zhuge_Liang > 2022-09-12 16:27 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-12 16:30 |

Post removed.Why?

Zhuge_Liang

2,384 posts

Posted by Zhuge_Liang > 2022-09-12 16:30 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-12 16:33 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-12 16:34 | Report Abuse

Oh budget day. Any different kah. HY is like playing big small now lah. Haiyoh. Correct?

BobAxelrod

Budget this year has been brought forward at Parliament to sit on 7th Oct

Posted by UlarSawa > 1 minute ago | Report Abuse
What date is that. 7th Oct can wet wet kah. Haiyoh. Correct?

14 minutes ago

Zhuge_Liang

2,384 posts

Posted by Zhuge_Liang > 2022-09-12 16:38 |

Post removed.Why?

Zhuge_Liang

2,384 posts

Posted by Zhuge_Liang > 2022-09-12 16:42 |

Post removed.Why?

hosay

38 posts

Posted by hosay > 2022-09-12 16:43 | Report Abuse


There's some buying....looks like somebody is collecting HY

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-12 16:46 | Report Abuse

Got meh. Vwap turun more leh. From 4.61 to 4.59 leh. Price pun below Vwap leh. Haiyoh. Correct?


hosay


There's some buying....looks like somebody is collecting HY

1 minute ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-12 16:53 | Report Abuse

Today still inside 4.20 to 4.80 range. Swing Swing lagi kah. Haiyoh. Correct?

lee77

1,042 posts

Posted by lee77 > 2022-09-12 16:56 | Report Abuse

uncle blog only tell half true... why on include the calculation for diesel with have high crack spread...
Only use the lowest crack spread to determine the HY situation.
Not fair.....
May be uncle want collect cheap ticket.. ha..ha..
Always like this... uncle style....

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-12 16:59 | Report Abuse

Half true also reflected on the share price also leh. Luckily is only half true leh. If fully true then not current price liao lor. Haiyoh. Correct?


lee77

uncle blog only tell half true... why on include the calculation for diesel with have high crack spread...
Only use the lowest crack spread to determine the HY situation.
Not fair.....
May be uncle want collect cheap ticket.. ha..ha..
Always like this... uncle style....

1 minute ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-12 17:01 | Report Abuse

Uncle Koon havent talk about Hedging leh. If he know more about it. Then lagi cham lah. Luckily uncle Koon tak tau cerita hedging leh. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-12 17:03 | Report Abuse

Ular so sad today HY takda green lah. Why leh. Bcos Ular tot it will green leh. Haiyoh. Correct?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 17:10 | Report Abuse

You wanted green, you were always happy with red mah........ I was hopping for more, more red....better one time deep cut than wallow away and drying up slowly......but that won't happen since it's moving in 200-300 units only.......

Posted by UlarSawa > 4 minutes ago | Report Abuse
Ular so sad today HY takda green lah. Why leh. Bcos Ular tot it will green leh. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-12 17:12 | Report Abuse

Uncle takda cerita hedging maybe he not sure about hedging leh. Later he go and learn more hedging then can write more lah. Haiyoh. Correct?

qqq3333

UlarSawa > 55 seconds ago | Report Abuse

Uncle Koon havent talk about Hedging leh. If he know more about it. Then lagi cham lah. Luckily uncle Koon tak tau cerita hedging leh. Haiyoh. Correct?
=====

professionals not interested in hedging gains..........unless hedging losses affect the viability and going concern of the company.

2 minutes ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-12 17:14 | Report Abuse

As long within 4.20 to 4.80 within this week then it is ok lah. If too near 4.80 then Ular will become penkritik lah. And if too near 4.20 Ular jadi part time promoter lah. Then you all can judi within this range lah. Ular takda judi at here lah. Happy or not pun not really lah. Haiyoh. Correct?


BobAxelrod

You wanted green, you were always happy with red mah........ I was hopping for more, more red....better one time deep cut than wallow away and drying up slowly......but that won't happen since it's moving in 200-300 units only.......

Posted by UlarSawa > 4 minutes ago | Report Abuse
Ular so sad today HY takda green lah. Why leh. Bcos Ular tot it will green leh. Haiyoh. Correct?

1 minute ago

Sharewire

240 posts

Posted by Sharewire > 2022-09-12 17:15 | Report Abuse

Is hengyuan top top

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-12 17:15 | Report Abuse

All happy happy swing swing lah. Apa lagi mau lah. Haiyoh. Correct?

BobAxelrod

You wanted green, you were always happy with red mah........ I was hopping for more, more red....better one time deep cut than wallow away and drying up slowly......but that won't happen since it's moving in 200-300 units only.......

Posted by UlarSawa > 4 minutes ago | Report Abuse
Ular so sad today HY takda green lah. Why leh. Bcos Ular tot it will green leh. Haiyoh. Correct?

1 minute ago

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 17:17 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-12 17:17 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-12 17:20 | Report Abuse

You takda baca meh. Within this week 4.20 to 4.80 leh. Itu 4.20 to 5.96 is until next QR in the case study lah. Mau tau the different leh. Haiyoh. Correct?


BobAxelrod

Waaa...now ular also know how to change TP and move goal posts...earlier your TP 4.20 to 5.95 kan?...now is 4.20 to 4.80....very tight.....much better feel....

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 17:22 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 17:24 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 17:26 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-12 17:28 | Report Abuse

Sifu pun ada cakap mah. He prefer PetronM than HY lah. Of course got reasons lah. Thats why PetronM price is higher than HY lah. Haiyoh. Correct?


Posted by BobAxelrod > 2 minutes ago | Report Abuse

PetronM already at 4.85, only 15c from 5.00. If touched, then HY still at 4.50, very pai seh....

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-12 17:30 | Report Abuse

Anyone know why Ular pick 4.20 to 4.80 or not. Siapa boleh reply. Haiyoh. Boleh?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 17:33 |

Post removed.Why?

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