HENGYUAN REFINING COMPANY BERHAD

KLSE (MYR): HENGYUAN (4324)

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Last Price

2.80

Today's Change

+0.01 (0.36%)

Day's Change

2.78 - 2.81

Trading Volume

178,400


33 people like this.

123,774 comment(s). Last comment by Vdhawan 2 days ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-11-01 13:48 | Report Abuse

Umno tonite will announce their candidates. Rumour said 4 ministers level not in the list leh. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-11-01 13:50 | Report Abuse

Umno still ada cleansing job to purge the kepala besar ones kah. Mau lawan warlord ones will be out kah. Haiyoh. Correct?

brightsmart

3,784 posts

Posted by brightsmart > 2022-11-01 13:52 | Report Abuse

Malaysia less politics the better.

if people a bit more moral, life is easier for the poor.

for the rich, whatever happens will have enough to eat.

brightsmart

3,784 posts

Posted by brightsmart > 2022-11-01 13:55 | Report Abuse

there will be lots of fighting within UMNo...........................

Zhuge_Liang

2,391 posts

Posted by Zhuge_Liang > 2022-11-01 14:10 |

Post removed.Why?

Zhuge_Liang

2,391 posts

Posted by Zhuge_Liang > 2022-11-01 14:33 |

Post removed.Why?

Zhuge_Liang

2,391 posts

Posted by Zhuge_Liang > 2022-11-01 14:38 |

Post removed.Why?

Zhuge_Liang

2,391 posts

Posted by Zhuge_Liang > 2022-11-01 14:38 | Report Abuse

The Super bull run on Hengyuan in 2017 was started on 2/11/2017 before Q3 2017 result released.
Will history repeats itself in 2022 ?
The earning in Q3 2022 will definitely better than the earning in Q3 2017.
Hope for the best.

brightsmart

3,784 posts

Posted by brightsmart > 2022-11-01 15:28 | Report Abuse

slowly slowly, it goes up!
fast fast it goes down.

brightsmart

3,784 posts

Posted by brightsmart > 2022-11-01 15:47 | Report Abuse

slowly slowly, it goes up!
fast fast it goes down.

have been like that since the last results.

brightsmart

3,784 posts

Posted by brightsmart > 2022-11-01 15:48 | Report Abuse

let me curse it a bit more to help it to go down faster.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-11-01 16:23 | Report Abuse

Haiyoh HY 4.30 c24 only 6sen. Why no more 7 sen like last month kah. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-11-01 16:25 | Report Abuse

Why want to curse. Still unable to break 4.00 leh. So why not 2 or 8. Not true leh. Want 3 also cannot get leh. Haiyoh. Correct?

brightsmart

let me curse it a bit more to help it to go down faster.

34 minutes ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-11-01 16:26 | Report Abuse

Counting days to QR date. Day 1 of nov. Still got 20+ days to go. Haiyoh. Correct?

brightsmart

3,784 posts

Posted by brightsmart > 2022-11-01 16:46 | Report Abuse

Bursa everyday same price...........
Hong kong every day + and - 5%................... exciting market.

IshraaqNor

655 posts

Posted by IshraaqNor > 2022-11-01 16:48 | Report Abuse

Dijangka inventori minyak dari US minggu ni akan turun

cK1973

1,807 posts

Posted by cK1973 > 2022-11-01 18:10 | Report Abuse

tunggu dulu....
mesti datang punya....

cK1973

1,807 posts

Posted by cK1973 > 2022-11-01 18:10 | Report Abuse

tunggu dulu....
mesti datang punya....

brightsmart

3,784 posts

Posted by brightsmart > 2022-11-01 18:42 | Report Abuse

HK more exciting...rumors of lifting zero covid, most shares up 5 - 10%

brightsmart

3,784 posts

Posted by brightsmart > 2022-11-01 18:43 | Report Abuse

HK waiting for lifting of zero covid to have significant bull run

brightsmart

3,784 posts

Posted by brightsmart > 2022-11-01 18:44 | Report Abuse

By comparison,Hy results boring la

Rabbit2

77 posts

Posted by Rabbit2 > 2022-11-01 18:54 | Report Abuse

HRC appointed additional director which is from Singapore IMC Group

Jerichomy

4,346 posts

Posted by Jerichomy > 2022-11-01 19:31 |

Post removed.Why?

BoomBerg

812 posts

Posted by BoomBerg > 2022-11-01 20:43 | Report Abuse

BP joins rivals with bumper $8.2 billion profit
Reuters |
Nov 01, 2022 08:30AM

BoomBerg

812 posts

Posted by BoomBerg > 2022-11-01 20:45 | Report Abuse

Saudi Aramco joins oil results bonanza with 39% jump in net income
Reuters |
Nov 01, 2022 05:57AM ET

BoomBerg

812 posts

Posted by BoomBerg > 2022-11-01 20:49 | Report Abuse

Waiting for below 4 until neck long long also cannot get
Aiseh

BoomBerg

812 posts

Posted by BoomBerg > 2022-11-01 20:52 | Report Abuse

Liar out of jealousy

BoomBerg

812 posts

Posted by BoomBerg > 2022-11-01 20:53 | Report Abuse

Tomorrow at least 4.50 and next LULU

Jerichomy

4,346 posts

Posted by Jerichomy > 2022-11-01 20:55 |

Post removed.Why?

Jerichomy

4,346 posts

Posted by Jerichomy > 2022-11-01 20:55 | Report Abuse

Succketr MM dah balik

BoomBerg

812 posts

Posted by BoomBerg > 2022-11-01 21:02 | Report Abuse

asia.nikkei.com
With nothing to sell, Vietnam gas stations start to close
10 hours ago — Another reason gas stations are temporarily closing is the lack of refineries in the southern part of

Zhuge_Liang

2,391 posts

Posted by Zhuge_Liang > 2022-11-01 21:04 |

Post removed.Why?

BoomBerg

812 posts

Posted by BoomBerg > 2022-11-01 21:05 | Report Abuse

121 gas stations in Ho Chi Minh City face supply shortfall | Tuoi Tre News
11 Oct 2022 — The Ministry of Industry and Trade on Monday issued a statement saying that the temporary shutdown of

BoomBerg

812 posts

Posted by BoomBerg > 2022-11-01 21:06 | Report Abuse

MM main mak
Kakaka

Jerichomy

4,346 posts

Posted by Jerichomy > 2022-11-01 21:27 |

Post removed.Why?

Posted by niktraderinvestor > 2022-11-01 21:28 | Report Abuse

Hahahahahahahaha

Jerichomy

Haha

MoneyMakers
HY bad fundamentals @ crack spread collapsing + ’pending’ 1.07Bil hedging loss nxt QR

Oil likely rally yr-end..if HY rally together (syndicate pump&dump) - exit opportunity for those stuck high

Want good fundamental better stick to Hib (producer)/Dayang - Armada (service provider)
15 minutes ago

30 minutes ago

Zhuge_Liang

2,391 posts

Posted by Zhuge_Liang > 2022-11-01 21:31 |

Post removed.Why?

Jerichomy

4,346 posts

Posted by Jerichomy > 2022-11-01 21:32 |

Post removed.Why?

Zhuge_Liang

2,391 posts

Posted by Zhuge_Liang > 2022-11-01 21:34 |

Post removed.Why?

Zhuge_Liang

2,391 posts

Posted by Zhuge_Liang > 2022-11-01 21:35 |

Post removed.Why?

Zhuge_Liang

2,391 posts

Posted by Zhuge_Liang > 2022-11-01 21:37 |

Post removed.Why?

Zhuge_Liang

2,391 posts

Posted by Zhuge_Liang > 2022-11-01 21:40 |

Post removed.Why?

Zhuge_Liang

2,391 posts

Posted by Zhuge_Liang > 2022-11-01 21:57 | Report Abuse

Most of oil stocks are up in the US stock market today.
XOM, CVX, OXY, XLE, VLO, MPC, etc
Hope Hengyuan can perform tomorrow.

The Super bull run on Hengyuan in 2017 was started on 2/11/2017 before Q3 2017 result released.
Will history repeats itself in 2022 ?
The earning result in Q3 2022 will definitely better than the earning result in Q3 2017.
Hope for the best.

Is it a good timing to start buying Hengyuan tomorrow ?

Zhuge_Liang

2,391 posts

Posted by Zhuge_Liang > 2022-11-01 22:02 | Report Abuse

"The big money is not in the buying and the selling, but in the waiting." - Charlie Munger

Q2 2022 result.
Average crack spread of diesel = USD44.35
Average crack spread of gasoline = USD23.52
Average crack spread of Jet fuel = USD28.61
EPS = 2.22

Q3 2022 result (projection)
Average crack spread of diesel = USD48.17
Average crack spread of gasoline = USD21.41
Average crack spread of Jet fuel = USD39.28
EPS (projection) = 2.62

Note :
Hengyuan refined 46% of its refined product as diesel.
Hengyuan refined 35% of its refined product as gasoline.
Hengyuan refined 7% of its refined product as Jet fuel.
12% of its refined products are others.
Q3 gross profit
Gross profit of diesel =10.5*46%*48.17*4.5=RM1.047 billion
Gross profit of gasoline =10.5*35%*21.41*4.5= RM354 million
Gross profit of Jet Fuel =10.5*7%*39.28*4.5= RM130 million
Gross profit of others =10.5*12%*10*4.5= RM57 million
Total gross profit = RM1.588 billion
Assuming less hedging loss like Q2 2022 = RM 439 million.
Total gross profit = RM 1.149 billion
Less manufacturing, admin and others expenses = 113 million
PBT = RM 1.036 billion.
Less income tax = 249 million.
PAT = 787 million.
NOSI = 300 million.
EPS = 2.62.
--------------------
Q3 2022 result
I do not wish to take so high EPS, I assume EPS = 2.00 is good enough for Hengyuan.
Cumulative EPS for 3 quarters will be = 2.38+2.00 = 4.38.
No stock listed in KLSE has this type of EPS.
The share price of Hengyuan is very undervalued.

Can huat or not, I do not know.
I know the FA of Hengyuan is damn good.

brightsmart

3,784 posts

Posted by brightsmart > 2022-11-01 22:06 | Report Abuse

Zhuge_Liang > 2 minutes ago | Report Abuse

"The big money is not in the buying and the selling, but in the waiting." - Charlie Munger
========

this is not bull market................... this market, the more shares wait longer lose more.

Zhuge_Liang

2,391 posts

Posted by Zhuge_Liang > 2022-11-01 22:17 |

Post removed.Why?

brightsmart

3,784 posts

Posted by brightsmart > 2022-11-01 22:19 | Report Abuse

less zhu more food.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-11-01 22:21 |

Post removed.Why?

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