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 1 day ago

MoneyMakers

7,496 posts

Posted by MoneyMakers > 2022-12-16 23:58 |

Post removed.Why?

brightsmart

3,784 posts

Posted by brightsmart > 2022-12-17 07:04 | Report Abuse

Forget wall Street...
Play HK.


The amount of disinformation on China has created great opportunity for a great year for HK and China just due to the opening up and post covid. Any share in HK also can buy

brightsmart

3,784 posts

Posted by brightsmart > 2022-12-17 07:09 |

Post removed.Why?

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-12-17 07:12 |

Post removed.Why?

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-12-17 08:33 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-17 09:18 | Report Abuse

Haiyoh Buffolo ctr ular tak dapat discounted price leh. Up leh. Takda red as expected leh. Sob Sob. Apa banda itu 4trillion options expired is over. Monday start new option again kah. Haiyoh. Haiyoh. Correct?

UlarSawa

35,552 posts

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

Not dare to join the competition tak mau MHP leh. This is the rule leh. Takda black n white to prove leh. Mau MHP join the competition first leh else MHP you earned million million pun takda orang caya leh. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-17 09:22 | Report Abuse

Monday onwards bursa mau ada Xmas celebration or not. Msia many holidays celebrate ini celebrate itu tapi bursa juga no celebration kah. Apa lah. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-17 09:34 | Report Abuse

US STOCKS-Wall Street Ends Lower for Third Straight Day As Recession Worries Rise
Reuters

2022-12-17 05:17

DJIA
-0.85%
(Reuters) - U.S. stocks dropped for a third straight session and suffered a second straight week of losses on Friday as fears continued to mount that the Federal Reserve's campaign to arrest inflation would tilt the economy into a recession.

Equities have been staggered since the U.S. central bank's decision to raise interest rates by 50 basis points (bps), as expected. But comments from Fed Chair Jerome Powell signaled more policy tightening, and the central bank projected that interest rates would top the 5% mark in 2023, a level not seen since 2007.

Further comments from other Fed officials fueled the concern. New York Fed President John Williams said on Friday it remains possible the U.S. central bank will raise rates more than it expects next year. The policymaker added that he does not anticipate a recession due to the Fed's aggressive tightening.

In addition, San Francisco Federal Reserve Bank President Mary Daly said it is "reasonable" to believe that once the Fed's policy rates reached their peak, they could stay there into 2024.

"It feels as if finally the market is starting to understand that bad news is bad news, and that is what is starting to occur. Since the October bottoms, the market has continued to price in what I would consider a substantial amount of optimism at the fact the Fed could navigate and pilot a successful soft landing," said Dave Wagner, equity analyst and portfolio manager for Aptus Capital Advisors in Cincinnati.

"Finally, the market is taking into consideration that bad news should mean bad things for the market."

The Dow Jones Industrial Average fell 281.76 points, or 0.85%, to 32,920.46; the S&P 500 lost 43.39 points, or 1.11%, to 3,852.36; and the Nasdaq Composite dropped 105.11 points, or 0.97%, to 10,705.41.

For the week, the Dow lost 1.66%, the S&P fell 2.09% and the Nasdaq declined 2.72%.

Money market bets show at least two 25 bps rate hikes next year and a terminal rate of about 4.8% by midyear, before falling to around 4.4% by the end of 2023.

On the economic front, a report showed U.S. business activity contracted further in December as new orders slumped to their lowest level in just over 2-1/2 years, although easing demand helped cool inflation.

The tech-heavy Nasdaq on Thursday closed below its 50-day moving average, a key technical level seen as sign of momentum. On Friday, the S&P also closed below its 50-day moving average.

The prospects of a "Santa Claus rally", or year-end uptick, in markets this year have dimmed, as the majority of global central banks have adopted tightening policies. The Bank of England and the European Central Bank were the most recent to indicate an extended rate-hike cycle on Thursday.

Markets pared losses in the last hour of trading, however, possibly due in part to the simultaneous expiration of stock options, stock index futures and index options contracts, known as triple witching, which can exacerbate market volatility.

Each of the 11 major S&P 500 sector indexes were in the red, led lower by a drop of more than 2.96% in real estate stocks .

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-17 09:36 | Report Abuse

No Xmas Turkey kah. Angmoh pun cakap like this leh. Sob.Sob. Haiyoh. Correct?

brightsmart

3,784 posts

Posted by brightsmart > 2022-12-17 10:48 | Report Abuse

interest rates to peak at 5% not so bad ................... FED is doing a good job if they achieve their objectives .

to be honest FED missed the boat last year and trying to say they will not miss the boat again.

the real question by 2024 is what policy options FED got when BRIC is independent of USD. ...when Malaysia also don't need USD when trading with China.

Income

10,620 posts

Posted by Income > 2022-12-17 11:10 | Report Abuse

Bankers are fat from earnings 4 trillions Usd. No wonder they are call Fat Cats for greediness.


Posted by UlarSawa > Dec 17, 2022 9:18 AM | Report Abuse

Haiyoh Buffolo ctr ular tak dapat discounted price leh. Up leh. Takda red as expected leh. Sob Sob. Apa banda itu 4trillion options expired is over. Monday start new option again kah. Haiyoh. Haiyoh. Correct?

Income

10,620 posts

Posted by Income > 2022-12-17 11:11 | Report Abuse

Gee our FD one year how much only 3++% against US FD going to 5%. No wonder Rm lose value.

brightsmart

3,784 posts

Posted by brightsmart > 2022-12-17 11:34 | Report Abuse

4 trillion witch hour................ that is their specialty, no one can come close to their specialty. .....so next week should be better.

brightsmart

3,784 posts

Posted by brightsmart > 2022-12-17 11:57 | Report Abuse

with 5% interest rates, cash is king makes more sense.

wall street up down up down, go trade the up down up down, but not long term.

MoneyMakers

7,496 posts

Posted by MoneyMakers > 2022-12-17 11:59 | Report Abuse

US fd rate still only 0.1%

Save money get peanut - better spend everything

brightsmart

3,784 posts

Posted by brightsmart > 2022-12-17 12:06 | Report Abuse

MoneyMakers

US fd rate still only 0.1%

========

really ah? why like that?

MoneyMakers

7,496 posts

Posted by MoneyMakers > 2022-12-17 12:32 | Report Abuse

Basically MY/US bank different operating environment

MY banks fight 4 customer deposits (pay competitive FD rate) & use to give loan (earn interest @ income)

US banks get unlimited cheap money from FED (dont care customer deposit)

Jerichomy

4,346 posts

Posted by Jerichomy > 2022-12-17 17:10 |

Post removed.Why?

Income

10,620 posts

Posted by Income > 2022-12-18 00:46 | Report Abuse

A QUIET TIGER IS MORE DANGEROUS THAN A BARKING DOG.

Income

10,620 posts

Posted by Income > 2022-12-18 03:26 | Report Abuse

https://youtu.be/t9GBHNaYzcs

Income

10,620 posts

Posted by Income > 2022-12-18 07:43 | Report Abuse

The amount of work you put is unbelievable.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-18 10:37 | Report Abuse

So tomolo last week already leh. Still no xmas turkey then mau minum sky juice only leh. 2022 ending pun takda rally kah. Kesian. Klci still below 1500 leh. It show whoever jadi PM pun cannot break Bossku old record leh. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-18 10:40 | Report Abuse

Last week ular pergi bank asking FD pun ada 4% leh. Not bad lah. Later increase again can get 4.5 to 5% bah. Money keep in the bank pun better than put in bursa negative return leh. Haiyoh. Correct?


DMoneyMakers

Basically MY/US bank different operating environment

MY banks fight 4 customer deposits (pay competitive FD rate) & use to give loan (earn interest @ income)

US banks get unlimited cheap money from FED (dont care customer deposit)

22 hours agoj


Income

Gee our FD one year how much only 3++% against US FD going to 5%. No wonder Rm lose value.

23 hours ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-18 10:42 | Report Abuse

Now ular hope interest rate increase further so that all depositor can earn better rate compare to last 2 yrs so miserable rate leh. At least must have better to beat the inflation rate leh. Else pun money in the bank pun negative return leh. Unfair to the depositor leh. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-18 10:45 | Report Abuse

Money value drop never mind. Interest rate pun low cannot beat inflation rate. Then keep money for what. Lose Lose leh. Better spend it leh. Haiyoh. Correct?

Income

10,620 posts

Posted by Income > 2022-12-18 11:35 | Report Abuse

Better place money in the bank for Fd.

Income

10,620 posts

Posted by Income > 2022-12-18 11:37 | Report Abuse

Inflation kambing down… said the Fed

Income

10,620 posts

Posted by Income > 2022-12-18 11:44 | Report Abuse

DSAI can break Jibkor Klci records. Just wait lah. Don’t whine this every day???



Posted by UlarSawa > Dec 18, 2022 10:37 AM | Report Abuse

So tomolo last week already leh. Still no xmas turkey then mau minum sky juice only leh. 2022 ending pun takda rally kah. Kesian. Klci still below 1500 leh. It show whoever jadi PM pun cannot break Bossku old record leh. Haiyoh. Correct?

Income

10,620 posts

Posted by Income > 2022-12-18 11:47 | Report Abuse

Wait pun tak dapat kah? Bukan baru setahun jagung di Bursa…

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-18 11:55 | Report Abuse

Sure or not. Dont give empty promise leh. Later say this reason that reason why cannot break Bossku record leh. Haiyoh. Boleh?

Income

DSAI can break Jibkor Klci records. Just wait lah. Don’t whine this every day???

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-18 11:56 | Report Abuse

Ya lor. Put 3 mths first see later increase further baru see what to do. Bank rate increase further later. Haiyoh. Correct?


Income

Better place money in the bank for Fd.

19 minutes ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-18 11:58 | Report Abuse

Really. Then why dji red lagi. Next year increase rate further until hit recession leh. Haiyoh. Correct?


Income

Inflation kambing down… said the Fed

19 minutes ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-18 12:01 | Report Abuse

Now market cakap Fed raise rate again to fight inflation will cause recession leh. Itu Fed makan gaji buta only know how to increase rate to fight inflation leh. Haiyoh. Correct?

Income

10,620 posts

Posted by Income > 2022-12-18 12:05 | Report Abuse

Fed easy jobs.
1. Just raise rates and stop printing money.
2. Or lower rates and start printing money.
Fed makan gaji buta.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-18 12:27 | Report Abuse

Not easy meh. Mau market up print money. Mau market down rate interest rate. Very easy mah. Not makan gaji buta meh. Maybe makan gaji ber billion billion from market pun possible leh. Possible kah. Haiyoh. Boleh?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-18 12:29 | Report Abuse

Ular mau keluar makan liao. Keep money also drop in value. Better spend it. Orang cakap the money you keep is not your money until you spend it baru kira your money. Sound logic right. Haiyoh. Correct?

MoneyMakers

7,496 posts

Posted by MoneyMakers > 2022-12-18 12:56 |

Post removed.Why?

brightsmart

3,784 posts

Posted by brightsmart > 2022-12-18 14:28 | Report Abuse

Got investors wait for Anwar results before they buy?

brightsmart

3,784 posts

Posted by brightsmart > 2022-12-18 14:29 | Report Abuse

Logically the results no need wait, sure approved

brightsmart

3,784 posts

Posted by brightsmart > 2022-12-18 14:30 | Report Abuse

Anyone who vote no become unemployed....u are supposed to follow party line

brightsmart

3,784 posts

Posted by brightsmart > 2022-12-18 14:32 | Report Abuse

Inflation or risk losing? Both also lose lose unless u got China shares.

brightsmart

3,784 posts

Posted by brightsmart > 2022-12-18 14:34 | Report Abuse

Bursa....buy for 5 years should make money but nobody buy for 5 years

brightsmart

3,784 posts

Posted by brightsmart > 2022-12-18 15:28 | Report Abuse

Cash is king but inflation will eat up the cash. Cash is king only if u wag it when needed....see Chun chun and wag but don't wag hengyuan at 7 la...u can keep cash or u can wag HK jd.com

sharemarket21

1,898 posts

Posted by sharemarket21 > 2022-12-18 15:48 | Report Abuse

Get ready for the festive seasons harvesting. Accumulation have since started and aplenty of relevant stocks out there. Final 2 factors in the making.

Income

10,620 posts

Posted by Income > 2022-12-18 18:27 | Report Abuse

Tomorrow DSAI endgame. DSAI knee wobbling tonight, can’t sleep well. Prayers for DSAI. Heavy testing tomorrow

brightsmart

3,784 posts

Posted by brightsmart > 2022-12-18 20:00 | Report Abuse

Income

Tomorrow DSAI endgame. DSAI knee wobbling tonight, can’t sleep well. Prayers for DSAI. Heavy testing tomorrow
======


got so many MP want to be unemployed meh?

Income

10,620 posts

Posted by Income > 2022-12-18 21:22 | Report Abuse

Maybe some people get free money more than MP job salary???

Income

10,620 posts

Posted by Income > 2022-12-18 21:23 | Report Abuse

You don’t tell me you don’t know money politics in boleh land???

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