HENGYUAN REFINING COMPANY BERHAD

KLSE (MYR): HENGYUAN (4324)

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Last Price

2.05

Today's Change

-0.01 (0.49%)

Day's Change

2.04 - 2.08

Trading Volume

421,500


33 people like this.

124,237 comment(s). Last comment by yongyong88 4 days ago

johnny cash

6,400 posts

Posted by johnny cash > 2024-06-21 09:56 | Report Abuse

https://www.thestar.com.my/business/business-news/2024/06/20/hengyuan-announces-unplanned-shutdown-of-lrccu-unit

NOW ONLY THEY ANNOUNCING IN MASMEDIAS THEIR PROBELM.. I THINK THIS PROBELM WAS THERE IN THE PAST.. THEY WERE HIDING IT.... ALWAYS IN THE PAST THEY WERE NOT MAKING GOOD PROFIT LIKE PETRONM. NOW ONLY AT WRONG TIME THEY ARE ANNOUNCING THE TRUTH.. I THINK MORE BAD NEWS WILL BE COMING IN FUTURE.. SO THEY START ANNOUNCING THE PROBELM NOW, SO THEY WON T BE HELD RESPONSIBLE.. WASHING UP THEIR HANDS

johnny cash

6,400 posts

Posted by johnny cash > 2024-06-21 09:58 | Report Abuse

GUYS GET READY FOR MORE BAD NEWS IN FUTURE ON THIS FOXY COUNTER

johnny cash

6,400 posts

Posted by johnny cash > 2024-06-21 10:00 | Report Abuse

NOW ONLY AFTER SO LONG, THEY TELLING THE TRUTH IN MASMEDIAS

Posted by shareinvestment7 > 2024-06-21 10:19 | Report Abuse

We, as Malaysian, should be the brave whistleblowers. I have given warning for so many times that this is a shit company with accounting fraud, and this shit is Serba 2.0. Once MACC step in for investigation. It will be delisted in 2 years time. Said NO to china conman company.

chokra

75 posts

Posted by chokra > 2024-06-21 11:53 | Report Abuse

Luckily my capital cost for this company is very low because I bought this shit counter during March 2020 Covid epidemic and sold most of it off at a good profit. What I still hold cost me nearly nothing. But I am still fed-up because of opportunity cost and holding cost. I can understand the torture shareholders of Heng Yuan are facing for years. This is a counter heading towards a huge financial disaster. My advice to retail players is stay away from Hengyuan. This counter is not for Mom & Pop retail players. Too many sharks in Hengyuan, we will be sheep to be slaughtered if we buy Hengyuan.

Sslee

7,015 posts

Posted by Sslee > 2024-06-21 12:25 | Report Abuse

DickyMe SSLee's favourite counter, licking the bottom.
20/06/2024 11:42 PM

I already give up on HRC with below last email to HRC

https://klse.i3investor.com/blogs/Sslee_blog/2024-06-21-story-h-158835501-My_last_email_to_HRC.jsp

Sslee

7,015 posts

Posted by Sslee > 2024-06-21 12:47 | Report Abuse

More or less I also give up on Bursa and SC to do the right thing in protecting shareholders interest and prosecute the crooks to the fullest

So invest at your own risk.

yongyong88

572 posts

Posted by yongyong88 > 2024-06-21 12:49 | Report Abuse

c u @ 2

speakup

27,195 posts

Posted by speakup > 2024-06-21 12:53 | Report Abuse

Ehhhh takde limit down?

Apastock

158 posts

Posted by Apastock > 2024-06-21 12:59 | Report Abuse

buat ape ni?

Vicky

1,601 posts

Posted by Vicky > 2024-06-21 19:06 | Report Abuse

Bursa once detected any fraud should stop trading till issue resolved. But this was not always the case. Let the trade to continue and ikan billis and even jerong kena slaughter. The massacre in Serbak already very clear and a billion oil n gas company can collapse and investors lost millions of ringgit. Therefore all investors should weigh the case before you put your money. No one responsible for the loss. Only self. Once bitten twice shy !

ctooi51

394 posts

Posted by ctooi51 > 2024-06-21 19:31 | Report Abuse

Don't expect too much...this is Malaysia...the land of .......

DickyMe

14,932 posts

Posted by DickyMe > 2024-06-22 22:24 | Report Abuse

Pirates?

Vdhawan

263 posts

Posted by Vdhawan > 2024-06-24 18:44 | Report Abuse

lalaland ?

Posted by jomvalueinvest2 > 2024-06-25 11:04 | Report Abuse

Anytime for Heng Yuan to spike 😉

Posted by Investing_Bursa > 2024-07-01 18:25 | Report Abuse

Type: Subject: Description:
ANNOUNCEMENT
OTHERS
REPAIR WORKS TO LONG RESIDUE CATALYTIC CRACKING UNIT (LRCCU) COMPLETED
Reference is made to Hengyuan Refining Company Berhad (“Company”) announcement dated 20 June 2024 in relation to the unplanned shutdown of the Long Residue Catalytic Cracking Unit (“LRCCU”).
The Company is pleased to announce that the repair works to the leaking found at the carbon monoxide boiler (CO) Boiler to the LRCCU were completed on 30 June 2024.
Together with the LRCCU, the regulatory inspection activities for Hydrogen Manufacturing Unit (HMU) and Euro4Mogas facility (E4M), have been completed.
The refinery plant is now recovering to its normal operational levels.

bullrun168

493 posts

Posted by bullrun168 > 2024-07-02 08:59 | Report Abuse

Walaoeh, oil price spike up crazily !
Brent closed at=> $86.60 +1.60 +1.88 %
Like that today Hengyuan going to limit up already liao lah !
Heng ah, Ong ah, Huat ah !

speakup

27,195 posts

Posted by speakup > 2024-07-04 12:44 | Report Abuse

Pmx tipu one. When u not expecting suddenly will announce Ron95 subsidy cut just like Diesil

Vdhawan

263 posts

Posted by Vdhawan > 2024-07-09 17:26 | Report Abuse

So HengYuan & Petronm will be goreng up again ?

Posted by jomvalueinvest2 > 2024-07-15 18:27 | Report Abuse

Trump will win the presidential election and it's good for O&G market

Posted by VeneerWood > 2024-07-24 22:05 | Report Abuse

The retail prices of petroleum and fuel products remain unchanged this week. Subsidies continue
https://api.nst.com.my/news/nation/2024/07/1081049/no-change-petrol-diesel-prices-week

carilembu

1,252 posts

Posted by carilembu > 2024-07-26 16:42 | Report Abuse

historic low. How low can u go? 2.00?

Posted by VeneerWood > 2024-07-27 16:00 | Report Abuse

It has fallen to 2.40 something during Covid-19 period ...

yongyong88

572 posts

Posted by yongyong88 > 2024-07-29 17:06 | Report Abuse

2.70 broken, next to break soon 2.40.... and end of this week probably 2

Vdhawan

263 posts

Posted by Vdhawan > 2024-08-01 17:06 | Report Abuse

O&G downstream players may see limited earnings with oversupply, subsidy rationalisation 😓
https://www.nst.com.my/business/corporate/2024/08/1084911/og-downstream-players-may-see-limited-earnings-oversupply-subsidy

yongyong88

572 posts

Posted by yongyong88 > 2024-08-05 16:22 | Report Abuse

today reached 2.40 as predicted. 2.00 now a possibility...

Vdhawan

263 posts

Posted by Vdhawan > 2024-08-06 15:54 | Report Abuse

It is bouncing back today lor

yongyong88

572 posts

Posted by yongyong88 > 2024-08-08 12:55 | Report Abuse

dead cat bounce. now continue freefall to 2. History in the making. Everyday historic low....

kebling98

317 posts

Posted by kebling98 > 2024-08-09 07:49 | Report Abuse

after result out ,waterfall again

Posted by FreshMango > 2024-08-11 19:06 | Report Abuse

All eyes on Iran. Will they take the bait.

Vdhawan

263 posts

Posted by Vdhawan > 2024-08-12 17:51 | Report Abuse

Let's see then 🛢

Vdhawan

263 posts

Posted by Vdhawan > 2024-08-14 20:24 | Report Abuse

Diesel price drops and so more people will buy more 😁

https://www.hmetro.com.my/mutakhir/2024/08/1122757/harga-diesel-di-semenanjung-turun-kepada-rm325-seliter-petrol-kekal

cheong3288

143 posts

Posted by cheong3288 > 2024-08-15 12:36 | Report Abuse

buy back at 1.80

ryoyagod

196 posts

Posted by ryoyagod > 2024-08-16 15:08 | Report Abuse

Me too. Let's dream together, cheong3288 😆

pang72

51,982 posts

Posted by pang72 > 2024-08-27 19:15 | Report Abuse

-66c eps..
Hrc always the unbeatable stock

probability

14,500 posts

Posted by probability > 2024-08-27 19:17 | Report Abuse

China company sacrifice shareholder earnings for the employees ma.......

Vdhawan

263 posts

Posted by Vdhawan > 2024-08-28 09:00 | Report Abuse

Dream to buy it cheap will come true today 😆

DJThong

495 posts

Posted by DJThong > 2024-08-30 10:40 | Report Abuse

Hengyuan board should step down
Buat Malu sahaja

turbochart

598 posts

Posted by turbochart > 2024-08-31 21:23 | Report Abuse

Gov should sell diesel @ rm10. Ah dog ah cat buy hilux and crete accident everyday

turbochart

598 posts

Posted by turbochart > 2024-09-01 20:28 | Report Abuse

You see, today 4x4 Nissan vs 4x4 ford hit&hit

freddiehero

16,722 posts

Posted by freddiehero > 2024-09-01 21:16 | Report Abuse

Haha funny, make Bigfoot rock on road

Posted by Balian de Ibelin > 2024-09-01 21:39 | Report Abuse

Shell disposal price 1.80 + inflation => current market price 2.25 => fairly valued

speakup

27,195 posts

Posted by speakup > 2024-09-01 21:53 | Report Abuse

Now we know why Shell sold this asset cheap

Posted by Balian de Ibelin > 2024-09-01 22:24 | Report Abuse

its already 2024 - 1963 +1 = 62 years old refinery

coincidentally, steel structures embedded in concrete foundations near ocean usually have an expected lifespan of 65 years only. By definition, anything closer than 5 km to the sea is considered “near the sea”, and thus exposed to an aggressive environment.

speakup

27,195 posts

Posted by speakup > 2024-09-02 07:52 | Report Abuse

so sell HY swap to Petronm?

Posted by Balian de Ibelin > 2024-09-02 07:57 | Report Abuse

Dawn Fitzpatrick says beginners greatest mistake is selling when low.

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