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.

123,786 comment(s). Last comment by FreshMango 12 hours ago

Sslee

5,622 posts

Posted by Sslee > 2023-01-13 17:41 | Report Abuse

Poor people lose money - still poor (no difference)
Agreed and rich people lose m9ney- still rich

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-01-13 17:45 | Report Abuse

Walao you CNY big fish big prawn dapat already leh. Kesian Ular still wtg lagi leh. Takda big fish big prawn maybe only can have kfc for reunion dinner leh. Haiyoh. Correct?


brightsmart

sold 50000 nationgate at 1.06............ that should be enough for CNY celebrations.

38 seconds ago

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-01-13 18:23 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-01-13 18:26 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-01-13 18:32 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-01-13 18:37 |

Post removed.Why?

Mikecyc

45,527 posts

Posted by Mikecyc > 2023-01-13 18:38 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-01-13 23:00 | Report Abuse

Haiyoh Koboi banks QR all their earning pun beat the estimate why belum pecah bumbung lagi kah. Itu Tesla cut selling price again the spoiler kah. KNS leh. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-01-13 23:02 | Report Abuse

JPMorgan warns it will have to pay more for deposits in ‘warning shot’ for industry

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-01-13 23:03 | Report Abuse

JPMorgan, Wells Fargo, Bank of America and Citi Beat Earnings Expectations, but Worries About "Headwinds" Remain

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-01-13 23:03 | Report Abuse

Inflation and geopolitical jitters impact the big U.S. banks but they managed to beat earnings targets.

JPMorgan Chase & Co., Bank of America Corp., Citigroup Inc. and Wells Fargo & Co. managed to beat Wall Street's reduced expectations for their fourth-quarter profits as higher interest rates boosted income from loans.

The banks turned in stronger-than-expected results despite a slowdown in overall deal activity such as home mortgage loans and initial public offerings.

But J.P. Morgan stock lost ground after CEO Jamie Dimon warned of economic uncertainty as central banks execute plans to hike interest rates, even as consumers continue to spend and businesses remain healthy.

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-01-13 23:04 | Report Abuse

Shares of JPMorgan Chase, Citi and Bank of America all fell over 1% in morning trades while Wells Fargo Slipped over 4%.

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-01-13 23:05 | Report Abuse

Semua big banks pun red but surprising Nu still can green lagi leh. TiGong popi popi Ular like this leh. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-01-14 08:15 | Report Abuse

NEW YORK (Reuters) - The S&P 500 and Nasdaq finished at their highest levels in a month on Friday, with shares of JPMorgan Chase and other banks rising following their quarterly results, which kicked off the earnings season.

All three major indexes also registered strong gains for the week, leaving the S&P 500 up 4.2% so far in 2023, and the Cboe Volatility index - Wall Street's fear gauge - closed at a one-year low.

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-01-14 08:18 | Report Abuse

Haiyoh banks juga at the end made Koboi green. So dramatic dunno reporters cakap apa in the earlier caused banks turun after released better than expected results. Hantu juga itu reporters. Haiyoh. Correct?


The Dow cut losses to close higher Friday, as investors bought the early-day dip in banks following astring of better-than-expected results, though concerns about a weaker economy linger.

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-01-14 08:21 | Report Abuse

The Dow Jones Industrial Average is up 672.00 points or 2.00% this week to 34302.61


--Largest one-week point and percentage gain since the week ending Nov 11, 2022

--Up for two consecutive weeks

--Up 1155.36 points or 3.49% over the last two weeks

--Largest two-week point and percentage gain since the week ending Nov 18, 2022

--Up three of the past four weeks

--Today it is up 112.64 points or 0.33%

--Up for four consecutive trading days

--Up 784.96 points or 2.34% over the last four trading days

--Largest four-day point and percentage gain since Wednesday, Jan. 11, 2023

--Longest winning streak since Friday, Oct. 28, 2022, when the market rose for six straight trading days

--Up five of the past six trading days

--Off 6.79% from its record close of 36799.65 hit Tuesday, Jan. 4, 2022

--Up 24.83% from the Election Day close of 27480.03 on Tuesday, Nov. 3, 2020

--Up 9.99% from the Inauguration Day close of 31188.38 on Wednesday, Jan. 20, 2021

--Highest closing value since Friday, Dec. 2, 2022

--Off 4.48% from its 52-week high of 35911.81 hit Friday, Jan. 14, 2022

--Up 19.42% from its 52-week low of 28725.51 hit Friday, Sept. 30, 2022

--Down 4.48% from 52 weeks ago

--Up 4.17% from its 2023 closing low of 32930.08 hit Thursday, Jan. 5, 2023

--Month-to-date it is up 3.49%

--Year-to-date it is up 1155.36 points or 3.49%


Data based on preliminary market closing values

Sharewire

240 posts

Posted by Sharewire > 2023-01-14 09:27 | Report Abuse

Non stopping crack spread being crack up!!!!!!!!!!!

qqq47660

8,848 posts

Posted by qqq47660 > 2023-01-14 09:59 | Report Abuse

so much data/ noise. But the big picture, America recession, China We are back.

30 years ago, so little info, the one eye jack is king. Now, its info over load/noises.

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-01-14 10:54 | Report Abuse

Now reporters started to tulis Koboi no recession in 2023 leh. You think ada recession lagi meh. Koboi recession China pun affected leh. Haiyoh. Correct?

qqq47660

so much data/ noise. But the big picture, America recession, China We are back.

30 years ago, so little info, the one eye jack is king. Now, its info over load/noises.

52 minutes ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-01-14 10:58 | Report Abuse

Crack here crack there sudah 3 times using the crackspread to goreng macam pun sudah outdated leh. Any new method or not. Still ada orang believe the crackspread lagi kah. Haiyoh. Boleh?


Sharewire

Non stopping crack spread being crack up!!!!!!!!!!!

1 hour ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-01-14 11:01 | Report Abuse

The threat of a U.S. recession remains alive in 2023. The consensus estimate on the probability of a meaningful downturn in the American economy in the next 12 months is at 65%, according to Goldman Sachs Research. But our own economic analysis rates that probability much lower, at 35%. David Mericle, our chief U.S. economist, and Alec Phillips, our chief U.S. political economist, elaborate on that lower risk and answer some of the big questions facing the U.S. economy in 2023 below:

Why might the U.S. economy avoid recession in 2023?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-01-14 11:02 | Report Abuse

David Mericle: Our probability of a recession over the next 12 months stands at 35%.

Part of our disagreement with consensus arises from our more optimistic view on whether a recession is necessary to tame inflation. We think that a continued period of below-potential growth can gradually rebalance supply and demand in the labor market and dampen wage and price pressures with a much more limited increase in the unemployment rate than historical relationships would suggest.

Additionally, while the Fed tightened financial conditions substantially last year, the impact on GDP growth is likely to diminish this year. Like other macro models, our analysis shows that the peak impact of rate hikes on GDP growth is front-loaded. In other words, the drag on U.S. GDP growth from recent aggressive Federal Reserve policy will fade as 2023 progresses.

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-01-14 11:03 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-01-14 11:06 | Report Abuse

Why everyone thinks a recession is coming in 2023

The U.S. May Avoid a Recession in 2023 After All
Inflation is slowing, and the jobs market is strong, so fears of a recession may fade.

By Steve Huff
January 13, 2023
The drumbeat of warnings that a recession is approaching continues, but fears of one hitting the United States in 2023 are beginning to fade. There is evidence the economy is improving, and the U.S. may avoid a significant downturn after all.

Business Insider quotes Moody's Analytics chief economist Mark Zandi, who says, "Inflation is on its back heels." According to Zandi, moderating inflation makes it less likely for the Fed to implement rate hikes, which in Zandi's view, "significantly raises the odds that the economy can navigate through without a recession in 2023."

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-01-14 11:08 | Report Abuse

Mana ada recession. Another reporter tulis can avoid recession leh. Koboi pecah bumbung in the making lah. Haiyoh. Boleh?



https://www.entrepreneur.com/business-news/us-may-avoid-a-recession-in-2023/442857

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-01-14 11:12 | Report Abuse

Koboi tak pecah bumbung China pun susah mau pecah bumbung leh. Now Koboi and many allies boycott China liao leh. More are moving plants out from China leh. They also want to change the supply chain from too dependent on China liao leh
Dunno their manufacturing sector susah or not in the coming year sudah tutup shops alot also leh. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-01-14 11:14 | Report Abuse

Scoop: White House narrowing executive order on China investments

The Biden administration is leaning toward making its executive order on U.S. investments in China more focused and targeted than some of the earlier suggestions, Axios has learned.

Why it matters: Imposing new controls on U.S. companies and investors looking to develop and support Chinese projects will mark another escalation in the U.S.-China relationship.

Administration officials also want to ensure that allies are fully consulted, which may mean that a final executive order is several months away.
The goal is for the executive order to serve as a cornerstone for any future regulations on outbound transactions.

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-01-14 11:16 | Report Abuse

Driving the news: National Security Adviser Jake Sullivan held a meeting with key Cabinet secretaries in mid-December on how to improve the draft executive order.

Treasury Secretary Janet Yellen asked for more time to work through some of the potential implications with partners and allies.
Treasury officials have been soliciting feedback from think tanks, as well as the private sector in the financial services industry, Semafor reported in December.
Those conversations are part of a broader administration outreach effort to gather input from stakeholders, lawmakers and subject matter experts, officials told Axios.

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-01-14 11:27 | Report Abuse

U.S. manufacturing orders from China down 40% in unrelenting demand collapse
PUBLISHED SUN, DEC 4 2022 8:50 AM EST
UPDATED WED, DEC 7 2022 3:30 PM EST


U.S. manufacturing orders in China are down 40% in what a logistics manager described to CNBC as an unrelenting demand collapse.
Asia-based shipping firm HLS recently told clients it is a "very bad time for the shipping industry."
Chinese factories are shutting down two weeks earlier than usual ahead of Chinese New Year.
As the Federal Reserve and other central banks around the world attempt to fight inflation by raising interest rates and cooling the economy, there is significant risk that a slowdown in demand turns into a recession.

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-01-14 11:28 | Report Abuse

U.S. logistic managers are bracing for delays in the delivery of goods from China in early January as a result of canceled sailings of container ships and rollovers of exports by ocean carriers.

Carriers have been executing on an active capacity management strategy by announcing more blank sailings and suspending services to balance supply with demand. "The unrelenting decline in container freight rates from Asia, caused by a collapse in demand, is compelling ocean carriers to blank more sailings than ever before as vessel utilization hits new lows," said Joe Monaghan, CEO of Worldwide Logistics Group.

MoneyMakers

7,496 posts

Posted by MoneyMakers > 2023-01-14 11:42 | Report Abuse

China open - oil up (simple)

But crack spread can only temporary up - refiners dont make money

qqq47660

8,848 posts

Posted by qqq47660 > 2023-01-14 11:44 | Report Abuse

driving a car without own compass will get whiplashed by all the reporters.

qqq47660

8,848 posts

Posted by qqq47660 > 2023-01-14 11:47 | Report Abuse

2 things............... end of globalisation and negative yield curve suggest its a new era...............and risks far greater than reflected in market.

qqq47660

8,848 posts

Posted by qqq47660 > 2023-01-14 11:48 | Report Abuse

and biden who is focus on destroying China ............................... will also destroy the world.

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-01-14 11:52 | Report Abuse

US n China die die also want to be no 1 leh. You think Koboi will give up the No 1 title so easily to China kah. By the time Xi papa no more who taking over will be the same or not pun belum tau leh. Haiyoh. Correct?

qqq47660

8,848 posts

Posted by qqq47660 > 2023-01-14 11:52 | Report Abuse

but me? To me China will not be destroyed by Biden...............China too big and got too many scientists to be destroyed by Biden.

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-01-14 11:57 | Report Abuse

Ular monday mau balik kampong liao. Will be busy liao. No time come here to lepak. Dunno still ada angpow can get or not from bursa 2 ctrs pun belum tau lagi as more are preparing to celebrate CNY leh. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-01-14 12:00 | Report Abuse

Why you choose side lah. China also ada bad also mah. How can they claim the water in south china sea their one. Just the name is South China Sea oy
then sampai Msia water pun they say is their one. Too much lah. Haiyoh. Correct?

qqq47660

8,848 posts

Posted by qqq47660 > 2023-01-14 12:03 | Report Abuse

Biden and whole of american establishment on the wrong path in seeking destruction of China........................... if they succeed , they will also die............. but I think they will fail, and they also die but China do well..................... its a no brainer where to bet.

qqq47660

8,848 posts

Posted by qqq47660 > 2023-01-14 12:04 | Report Abuse

south China is a non issue.....its only an issue because Americans want to make it an issue.

qqq47660

8,848 posts

Posted by qqq47660 > 2023-01-14 12:06 | Report Abuse

MoneyMakers > 22 minutes ago | Report Abuse

China open - oil up (simple)

But crack spread can only temporary up - refiners dont make money
=======


oil up, hengyuan make more money like q2 on temporary basis...... but longer term no difference.

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-01-14 12:08 | Report Abuse

Got issue lah. Itu international water leh. How can they claim the water so far away from china is their one. Bully Asean countries leh. They know Asean military takda kuat no one can beat them leh. Baru openly cakap the big chuck of south china sea is their one leh. Lagi build a military island install missile system there. Anytime shoot missile pun can reach Msia leh. Haiyoh. Correct?

qqq47660

8,848 posts

Posted by qqq47660 > 2023-01-14 12:11 | Report Abuse

its important to China ...and its thousands of miles from america.

China as a big country has privileges.

qqq47660

8,848 posts

Posted by qqq47660 > 2023-01-14 12:13 | Report Abuse

when China is ready, China will shoot down a few american planes in the area.

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-01-14 12:21 | Report Abuse



Big bully lah. Watch the video lah. They claim 1000 miles away from their land kah. Pakai force one kah. Must accept the international law mah. EEZ is only 200miles from the country shore leh. Why China cheating and takda abide the law one. Macam barbarian act leh. Haiyoh. Correct?


https://youtu.be/luTPMHC7zHY

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-01-14 12:23 | Report Abuse

How can they claim the international water pun china one leh. Mana Koboi not angry lah. Their Mother Ship takda boleh sail in South China Sea liao leh. 90% is China water by force one leh. Haiyoh. Correct?


qqq47660

when China is ready, China will shoot down a few american planes in the area.

8 minutes ago

qqq47660

8,848 posts

Posted by qqq47660 > 2023-01-14 12:32 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-01-14 12:41 | Report Abuse

Now Jipun mau increase military budget liao lah. Working with US and allies against China leh, Jipun PM travelling to G7 countries with so much spotlight on him leh. Sign his sign that lah. All also against China one leh. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-01-14 12:43 | Report Abuse

Now talking about Msia water leh. You support China lagi meh. You cannot like that mah. Msia First or China First. You choose lah. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2023-01-14 12:47 | Report Abuse

G7 not small also leh. Population pun ada 770mil half of China only leh. Haiyoh. Correct?

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