HENGYUAN REFINING COMPANY BERHAD

KLSE (MYR): HENGYUAN (4324)

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Last Price

5.08

Today's Change

+0.13 (2.63%)

Day's Change

4.85 - 5.11

Trading Volume

1,659,900

Prices
Date Open High Low Close Change Volume
Discussions
29 people like this. Showing 50 of 96,802 comments

888STOCK888

5.00!!! =D

SHOW TIME~

SEE YOU AT 10.00~

2 hours ago

pang72

5 ringgit touch with thanks..

More to go

2 hours ago

pang72

The superd ikan bilis power is in brewing

2 hours ago

pang72

5.05...ding ding

2 hours ago

pang72

Be proud as ikan bilis

2 hours ago

pang72

I am proud as ikan bilis so as you!!

2 hours ago

Primeinvestor

when otb and kyy both disappeared = is time to buy

1 hour ago

paktua73

yes above rm5..
its time to see back rm5.20



tut tut
let we show to all monster..
how spicy sambal bilis..
hehe

1 hour ago

param1

THANKS ZHEEFU R88 FOR YOUR INSIGHT I AM MAKING MONEY NOW .....TOO BAD YOU SOLD BUT PROFIT IS PROFIT HOWEVER SMALL

1 hour ago

Russel

Heng Yuan would be the best counter you have ever buy in your entire life!

1 hour ago

beinvested

Ya! going up

1 hour ago

pang72

Another great moment is seeing hrc overtaking petron one more time...

Petron 5.86
Hrc 5.05

1 hour ago

param1

5.80

1 hour ago

pang72

Yes, in number days.. Hope!!

1 hour ago

pang72

Russel

Heng Yuan would be the best counter you have ever buy in your entire life!

4 minutes ago

I AM SURE, IT IS!!

1 hour ago

pang72

Remember be proud as ikan bilis!!

1 hour ago

pang72

Your reward is inflated now

1 hour ago

pang72

Of course difficult to buy cheap..
Ikan bilis all in liao mah

1 hour ago

pang72

Time for ikan bilis to beat the buaya..

1 hour ago

beinvested

What a kindergarten assumption after all

1 hour ago

beinvested

Russians has won. Their currency performed very well owing to the income from the oil/gas buying with Rubel. The West/USA has made a miscalculation. This period is the same as the coming QR.

1 hour ago

pang72

Not sure what is the std..
I know the forum become no cursing people die is the indication to buy hengyuan

1 hour ago

OTB

My calculation is kindergarten standard, my buy signal is a Holland tips.
Please do not buy.

It is so difficult to buy cheap when daily MACD shows a buy signal.
I buy big in the last few days, please do not buy to follow me.
I may take you to Holland.
Thank you.

1 hour ago

pang72

Everyone live in harmony and earn big money, hrc will continue to shot up
Everyone die crossing the road, hrc will nobody to support "like falling from 7 to 4.

Amitofo!!

1 hour ago

beinvested

Yes, they said that Putin has been to the kindergarten before.

1 hour ago

speakup

haiyah, OTB
u should have told me this when i follow u buy steel counter u promoted kuat kuat. then i wouldn't have followed u.

1 hour ago

hng33

Due to the increasing refining margins, Brent Oil and diesel
prices spread throughout the year, especially after the
Russia-Ukraine War. In Figure 2, you can see how the Brent
Oil Price and CIF MED (Genoa/Lavera) ultra-low-sulfur diesel
price, the price level Turkey also follows, changed over the
year. According to data, while the Brent Oil prices increased
65%, diesel prices increased 148% in dollar terms over the
year. Gasoline prices followed a similar pattern as well.

http://web2.bilkent.edu.tr/eeps/wp-content/uploads/sites/15/2022/06/Sy...

1 hour ago

OTB

Should cut loss because I told my group to buy Hengyuan a few days ago.
Should only buy in August 2022 when the crack spread can maintain at USD30.
Should cut loss now and buy back at 3.00.
Very irresponsible person.

1 hour ago

pang72

5.10...
Ikan bilis very proud now

56 minutes ago

pang72

Overtake petron one more time..

Dear ikan bilis, ok boh?

56 minutes ago

Jerichomy

Sifu otb here

OTB
Should cut loss because I told my group to buy Hengyuan a few days ago.
Should only buy in August 2022 when the crack spread can maintain at USD30.
Should cut loss now and buy back at 3.00.
Very irresponsible person.
7 minutes ago

53 minutes ago

stockwin

A friend told me he is confused by his Sifu. Sifu told him HY is Very undervalued now. But the best time to buy is early August ?? Now is below RM5, wait for RM7 in August to buy ?
Yes, this sifu want to cover his backside.

50 minutes ago

ValueInvestor888

rebound over 20% is not a dead cat bounce like KYY said in his earlier article.

49 minutes ago

OTB

I normally do not want to bad mouth other stock.
I am not talking bad about Petronm, I also bought a lot of Petronm.

The share price of Petronm is ahead of Hengyuan
The below reasons are the wrong perception of investors in KLSE.
1) Petronm also has refinery margin derivatives, the refinery margin derivative losses amounted to USD230 million in Q1 2022 result.
2) The contract size of Petronm is small, they should enjoy the full benefit of increased crack spread.
3) While Hengyuan on the other hand, has done quite a lot of hedging on refinery margin derivatives. The refinery derivative losses amounted to USD438 million in Q1 2022 result.
4) The sales volume of refined products of Petronm is around 4.5 million barrels, the refinery margin derivative losses amounted to USD230 million.
5) The sales volume of refined products of Hengyuan is around 10.6 million barrels, the refinery margin derivative losses amounted to USD438 million. Considering the bigger sales volume of Hengyuan, in actual fact, Hengyuan has a lesser refinery derivative losses compared to Petronm.
6) It is a misconception that the earning of Hengyuan is good when crack spread is low.
7) In the current environment of high crack spread, the profit of Hengyuan will outperform Petronm.
8) I believe the share price of Hengyuan will catch up later once investors are not so fearful of refinery margin derivative contracts of Hengyuan.

My 2 cents comment only.

49 minutes ago

tehka

Don't know why still got ppl complaining. Hengyuan up, everyone make money loh everyone happy right?

47 minutes ago

ValueInvestor888

when crack spread is at USD 30 in Aug, HY price will not be RM 5, it maybe more than RM 8 by then....

45 minutes ago

niktraderinvestor

Putin ally threaten strike on Europe's largest oil hub

Russian politician and former regional military commander has suggested that Europe will "totally croak" if Russia militarily targets Europe's biggest oil hub in the Netherlands. Andrey Gurulyov, an MP at the state Duma, was speaking on state TV when he said that if Russia decided to target the Netherlands, where some 40 percent of Europe's oil is received and processed, Europe would "croak.

42 minutes ago

tehka

Even moneymaker is vanished

42 minutes ago

beinvested

Price-to-book value

40 minutes ago

pang72

Wait till Aug to buy high high at rm7 lo
Why don't you buy below rm5 now?

39 minutes ago

stockwin

Good point OTB. Do you ONLY enjoy the full benefit of increased crack spread if the contract size is small?? How so? TQ

38 minutes ago

tehka

Stockwin who is your friend sifu? Kyy ah?

33 minutes ago

OTB

I do not know the refined derivative contracts of Hengyuan, hence I really do not know anything on this subject.
I will not want to comment.
Based on probability's calculation, the refined derivative losses is estimated to be RM200 million.
Thank you.

33 minutes ago

OTB

The US stock markets are bear market now.

Hong Kong and Shanghai stock markets are bull markets now by definition.
I hope these 2 stock markets will help to bring up KLSE.
I also hope KLSE will follow these 2 stock markets more than the US stock markets.
Thank you.

20 minutes ago

hng33

For 2021, hengyuan answer MSWG question

The other operating losses mainly consist of paper loss
from non-hedged derivatives, which is eventually offset with
stockholding gain, and thereby protecting our margin and inventory.
As such, the Company will continue with its hedging strategies in
response to market conditions.

http://hengyuanrefining.listedcompany.com/misc/Responses_to_Questions_...

15 minutes ago

MoneyMakers

Now just traders + syndicate average down

Real fun starts when HY become stagnant (syndicate stop buying/waiting dump - need fresh buyers step in)

As always, snake oil seller pang72 will be 1st to run

OTB just waiting to dump after average down

Will be epic bloodbath all run same time

8 minutes ago

MoneyMakers

Oil alrdy dead

Rus alrdy control 90% Donbas region..wont be long b4 declare victory + oil collapse (no more war premium)

By time nxt QR out (wont matter good/bad QR), oil alrdy collapse + HY alrdy rm3

7 minutes ago

williamtkb

Today target 580.... Now still weak rebound... Closed 580 gap only turn uptrend again....

7 minutes ago

hng33

The important guidelines is future crack spread, at least now after Fridat, July crack spread jump further up to USD37, and next month Aug crack spread retain USD 29. As long as these trend can maintain, its right time to enter. Anyhow, must monitor future crack spread everytime to observe any drastic change further until hengyuan release Aug result.

5 minutes ago

hng33

SINGAPORE MOGAS 92 UNLEADED (PLATTS) BRENT CRACK SPREAD FUTURES

3 minutes ago

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