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2022-09-04 11:30 | Report Abuse
Is the non stop malicious attack on HY done in good faith? The modus operandi tell you NO!
Since June 2022, a group of Agents coordinated malicious attacks on HY with ulterior motives . The Agents have been spamming days and nights with all sorts of disinformation, half baked stories and baseless assumptions , effectively driving good stock to far lower that its fair value.
The Agents are capitalizing on the fragile market sentiment and serious lack of market liquidity to drive away whatever little buying interest and at tge same time caused fearful and weaker retailers to dump their shares at huge discounts. The modus operandi of the agents is very obvious. If you careful study the trade pattern and observe the activity within the day you shall see the trade manipulation
Are these Agents angels to safeguard you interest ? Think carefully, They are instead preying on unsuspecting retailers.
The Agents and the people behind them are now collecting cheap shares from unwary retailers .
2022-09-04 11:27 | Report Abuse
Is the non stop malicious attack on HY done in good faith? The modus operandi tell you NO!
Since June 2022, a group of Agents coordinated malicious attacks on HY with ulterior motives . The Agents have been spamming days and nights with all sorts of disinformation, half baked stories and baseless assumptions , effectively driving good stock to far lower that its fair value.
The Agents are capitalizing on the fragile market sentiment and serious lack of market liquidity to drive away whatever little buying interest and at tge same time caused fearful and weaker retailers to dump their shares at huge discounts. The modus operandi of the agents is very obvious. If you careful study the trade pattern and observe the activity within the day you shall see the trade manipulation
Are these Agents angels to safeguard you interest ? Think carefully, They are instead preying on unsuspecting retailers.
The Agents and the people behind them are now collecting cheap shares from unwary retailers .
2022-09-03 20:13 | Report Abuse
Ular, ini Jerichomy kau punya kawan kah?
Saya kira-kira dia ada kes mental. Saya perhatikan dia macam minat dampingi Ular. Hehehe
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Posted by Jerichomy > 11 minutes ago | Report Abuse
Hey ular sawa just try to be nice. Why pengkritik Him
2022-09-03 19:53 | Report Abuse
Ular, Genting Casino is fairer gambling ground . Magnum and Btoto also not bad . Better place your bets there.
Posted by UlarSawa > 13 minutes ago | Report Abuse
Haiyoh you sound like ada conspiracy theory leh. Stock market is like casino lah. Judi is like this lah. Some win of course some will lose in the casino lah. Banker win the most lah. Haiyoh. Correct?
2022-09-03 19:45 | Report Abuse
Beware of Agents out there to prey on you !
Since June 2022, a group of Agents coordinated malicious attacks on HY with ulterior motives. The Agents have been spamming days and nights with all sorts of disinformation, half truth stories and baseless assumptions , ultimately driving good stock to far lower that its fair value.
The Agents are capitalizing on the fragile market sentiment and serious lack of market liquidity to drive away whatever little buying interest and caused fearful and weaker retailers to dump their shares at huge discounts. The modus operandi of the agents is very obvious, trade manipulations is obvious.
Are these Agents angels to safeguard you interest ? Think carefully, They are instead preying on unsuspecting retailers.
The Agents and the bosses behind them are now collecting cheap shares from unwary retailers .
2022-09-03 19:03 | Report Abuse
Since June 2022, a group of Agents coordinated malicious attacks on HY with ulterior motives. The Agents have been spamming days and nights with all sorts of disinformation, half truth stories and baseless assumptions , ultimately driving good stock to far lower that its fair value.
The Agents are capitalizing on the fragile market sentiment and serious lack of market liquidity to drive away whatever little buying interest and caused fearful and weaker retailers to dump their shares at huge discounts. The modus operandi of the agents is very obvious, trade manipulations is obvious.
Just beware that the Agents are not angels to safeguard small and retail investors’ interest. They are instead preying on unsuspecting retailers.
The Agents and the bosses behind are now collecting cheap shares again.
2022-09-03 19:03 | Report Abuse
Since June 2022, a group of Agents coordinated malicious attacks on HY with ulterior motives. The Agents have been spamming days and nights with all sorts of disinformation, half truth stories and baseless assumptions , ultimately driving good stock to far lower that its fair value.
The Agents are capitalizing on the fragile market sentiment and serious lack of market liquidity to drive away whatever little buying interest and caused fearful and weaker retailers to dump their shares at huge discounts. The modus operandi of the agents is very obvious, trade manipulations is obvious.
Just beware that the Agents are not angels to safeguard small and retail investors’ interest. They are instead preying on unsuspecting retailers.
The Agents and the bosses behind are now collecting cheap shares again.
2022-09-03 19:02 | Report Abuse
Since June 2022, a group of Agents coordinated malicious attacks on HY with ulterior motives. The Agents have been spamming days and nights with all sorts of disinformation, half truth stories and baseless assumptions , ultimately driving good stock to far lower that its fair value.
The Agents are capitalizing on the fragile market sentiment and serious lack of market liquidity to drive away whatever little buying interest and caused fearful and weaker retailers to dump their shares at huge discounts. The modus operandi of the agents is very obvious, trade manipulations is obvious.
Just beware that the Agents are not angels to safeguard small and retail investors’ interest. They are instead preying on unsuspecting retailers.
The Agents and the bosses behind are now collecting cheap shares again.
2022-09-03 17:27 | Report Abuse
Facts and figures from probability and Sslee are verifiable . Whereas, many others put up assumptions only . There are differences.
2022-09-03 17:22 | Report Abuse
Probability and Sslee presented all the facts , figures and published news on HY/refining business. Whereas many others are just making noises……..
2022-09-02 20:16 | Report Abuse
The conman KYY once mentioned that HY will not make more profit because there is no price increase for petrol and diesel. See what kind of profit HY generated in Q2!
Senile conman KYY try to ‘find bone in the egg’.
2022-09-02 17:09 | Report Abuse
May be can make money faster that way than waiting for MPHB cap privatization offer. Hehehe….
Posted by TheContrarian > 3 hours ago | Report Abuse
Pratman is promoting online gambling
2022-09-02 13:09 | Report Abuse
Can anyone read what pratman writes?
2022-09-02 06:55 | Report Abuse
Do you homework before buy or sell . Do not follow the many fake Gurus out there.
2022-09-02 06:54 | Report Abuse
Do your homework before buy or sell . Don’t get tricked by many fake gurus out there .
2022-09-02 06:52 | Report Abuse
Just too many fake Gurus out there . Must do your homework before buy or sell
2022-09-02 06:47 | Report Abuse
Brent tumbled again overnight. More severe correction coming due to global economic slowdown. Run before too late !
2022-09-02 06:33 | Report Abuse
Just beware of con man preying on retailers !
2022-09-01 19:24 | Report Abuse
Just be careful of sharks swimming in the market.
2022-09-01 19:23 | Report Abuse
Beware of sharks swimming in the market! You may be eaten up .
2022-09-01 18:20 | Report Abuse
Brent drop another $2 to $93! Brent will go to $60 , the pre pandemic level .Uncle koon writing to lure you to take over his hot potatoes. Dump your shares while price is still good .
2022-09-01 09:36 | Report Abuse
Plan to appeal to SC is the usual thing to do . Meanwhile, the management may resort to share buybacks at cheap price to take up shares of impatient investors. Very cheap to buy back at $1.50 for the benefit of SA eventually.
2022-09-01 09:32 | Report Abuse
Now deal is completed and money is in , share buybacks shall starts …
2022-09-01 09:31 | Report Abuse
Ya. Interim dividend 5sen to be paid this month . I guess there will be good final dividend?
40sen capital repayment in Oct or Nov as soon as the court approved it.
2022-09-01 06:27 | Report Abuse
Brent drop $10 just in 2 days !
2022-08-31 20:12 | Report Abuse
Ular, kau punya kawan baik MM sudah lari dari Hib…
Buat apa kau datang balik …. Hahaha
Posted by MoneyMakers > 38 minutes ago | Report Abuse
Anyway oil price dropping hard (WTI usd97 tuesday - now crazy drop below usd90 again @ just 2days)
2022-08-31 20:03 | Report Abuse
Ular, ini MM bagi tahu punya.
Haha
Posted by UlarSawa > 2 hours ago | Report Abuse
If that the case why 60sen. why not 70sen or 80sen leh. Must be 60sen kah. You are abit bias leh. Die die must be 60sen kah. You can decide the price one kah. Haiyoh. Correct?
Johnzhang
I think Hib will drop to 60sen when crude down to pre pandemic level of $60 .
2022-08-31 20:00 | Report Abuse
Brent drop another $4 ! Brace for storm
2022-08-31 15:14 | Report Abuse
Why you so scared to know the truth ah?
Brent plunged $6 last night is a truth. By early 2023 , Brent will drop to pre pandemic level of usd60 is declared by Petronas’s chief yesterday is also a truth .
2022-08-31 15:09 | Report Abuse
Sudah lah Stockraider. What you do doesn’t help you and others!
2022-08-31 15:04 | Report Abuse
Only you and God knows ! Hahaha
Posted by stockraider > 2 hours ago | Report Abuse
No need lah!
Raider just want to save innocent here from getting kon mah!
2022-08-31 14:50 | Report Abuse
If you don’t understand the accounting for derivatives , better shut your mouth lah. It’s embarrassing to yourself.
In past qtrs, there were also $200-300 expenses in comprehensive income . HY didn’t lose money in the following qtr . They were very profitable in the following qtr instead . Go and research lah…
Posted by MoneyMakers > 17 minutes ago | Report Abuse
Q3 how to survive - need swallow 1.07Bil hedging loss
They alrdy highlight 1.07Bil hedging loss in ‘other comprehensive expense’ as WARNING of HY’s overall weakness
2022-08-31 12:42 | Report Abuse
I think Hib will drop to 60sen when crude down to pre pandemic level of $60 .
KUALA LUMPUR, Aug 30 — Crude oil prices are likely to correct from 2023 but would normalise to pre-pandemic level, Petroliam Nasional Bhd (Petronas) said.
Pre pandemic level price is usd60-70
2022-08-31 11:52 | Report Abuse
Is absolutely free to syiok sendiri.
2022-08-31 10:16 | Report Abuse
HY pay 10sen 1st interim dividend leh.
Petron no interim dividend leh.
2022-08-31 10:06 | Report Abuse
What liquidity?
Trade receivables is only one of sales .
Can the government not pay the subsidy? Shortage of petrol and diesel see how they rakyat going to respond? Haha..
Posted by Ayoyo > 11 minutes ago | Report Abuse
one thing is certain though, the enormous increase in receivables, be it Hy, petron or petdag...... probably domino effect of government paying the oil companies the subsidies.... in fact, petdag even warned of liquidity concerns if situation persists
2022-08-31 09:31 | Report Abuse
Correct. HY income tax payable for Q2 is $230 mil which is 26% on PBT of $897 mil !
if no real profit, why pay $230 mil tax ?
Posted by Sharewire > 45 minutes ago | Report Abuse
All I know Chinamen didn't shiphoned profit like some claim.
I see no reason for hengyuan to jackup profit!
They can declare losses
No one can do anything
No sharebuy back as they don't care about share price
2022-08-31 09:28 | Report Abuse
I tend to agree with you. There are a total of 16 CWs remain outstanding. Total unit adds up to 1.130 bil CW and average excercise price is $6.16 and average conversion ratio is 9.50.
If HY shot up to $15, IBs collective theoritical loss is 1,130,000,000 unit x(($15 - $6.16)/9.50)
=$1,051494,737 ie $1.05 billion !!!
IBs die die employing naysayers to spam fake news, create doubt to scare off buying interest on one hand and to do IDSS to depress price which is quite easy in the absence of buying interest yet.
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Posted by BoomBerg > 7 hours ago | Report Abuse
Beware of Ib lackey pouring negative info so that price won’t go up
Or else their cw will make them lost their pants off
2022-08-31 08:07 | Report Abuse
KUALA LUMPUR, Aug 30 — Crude oil prices are likely to correct from 2023 but would normalise to pre-pandemic level, Petroliam Nasional Bhd (Petronas) said.
Pre pandemic level price is usd60-70?
2022-08-31 08:04 | Report Abuse
Brent plunge almost usd6 last night ! May see short sellers dumping and retailers taking money off the table when market returns.
2022-08-31 07:14 | Report Abuse
This news in the Edge is not fake
KUALA LUMPUR (Aug 30): Hengyuan Refining Co Bhd posted an all-time high net profit of RM667.49 million in the second quarter ended June 30, 2022 (2QFY22) compared to a net loss of RM59.38 million a year ago.
The crude oil refiner attributed the remarkable achievement to its improved refining margin, contributed by better cracks for motor gasoline (mogas), gasoil and jet fuel, as well as stockholding gains fuelled by market sentiments over the oil supply and demand imbalance.
On the heel of this, quarterly earnings per share shot up to 222.49 sen versus a loss per share of 19.79 sen last year, the group’s bourse filing showed.
2022-08-30 23:57 | Report Abuse
Ya loh. Someone can read but can not interpret the report correctly.
Good night Mike. Don't waste your time trying to interpret. hehehe....
Posted by Mikecyc > 1 minute ago | Report Abuse
Haha Stop for tonight … later laugh until i cant sleep …. Hahahaha
2022-08-30 23:53 | Report Abuse
Ya i want to learn. Mike, please teach me lah .
Posted by Mikecyc > 12 seconds ago | Report Abuse
Haha Ssllee do teach yr friend in Bplant how to Read QR Report … hahaha :
Posted by Johnzhang > 28 minutes ago | Report Abuse
Can anyone show which page of the QR is showing NTA 5.2546 ? I can't find it !
NTA of the company represented by Share capital + retained earnings
2022-08-30 23:49 | Report Abuse
But aren't these cash flow hedge reserve, cost of hedging reserve and exchange translation reserves temporary differences will eventually match to profit when the respective transaction closed ? Appreciate your sharing.
Posted by Rabbit2 > 52 seconds ago | Report Abuse
@johnzhang
Net assets per share is available at the face of Bursa template. For computation, just simply use shareholders’ equity divided by 300 m shares then you will get the number.
The drop in NA per share is mainly attributable to the losses in cash flow hedge reserves and cost of hedging reserves.
2022-08-30 23:38 | Report Abuse
Come on lah Stockraider ! Derivative accounting treatment is not so simple as you describe.
Posted by stockraider > 16 minutes ago | Report Abuse
Dear John,
Explain as below loh;
For Hengyuan accounting reporting...To put it in proper perspective base on share investment reporting is that all realised share disposal profit u book in the account but all your existing mark to market losses u just ignore loh!
2022-08-30 23:35 | Report Abuse
Is it true ? kindly should us the accounting entries. We are happy to learn .
Posted by sense maker > 1 hour ago | Report Abuse
What’s there to argue on classification of profits and losses of different items? They all flow down invariably to net assets aka shareholders’ fund, regardless. RM1.27 per share of net assets have left the company. It’s a huge net loss suffered by the company during the quarter.
2022-08-30 23:22 | Report Abuse
Mikecyc, No point posting derivative asset and liability without you explaining what are there , how there arise and what implication to BS and Income statement .
Pls at least attempt to provide some professional explaination lah
Posted by Mikecyc > 29 minutes ago | Report Abuse
Referred to Latest Q2 Report ended June 2022 :
1. Non Current Asset :
Derivative financial assets. RM 14,363,000
2. Current Asset :
Derivative financial assets. RM 247,598,000
3. Non Current Liabilities :
Derivative financial liabiliti RM 480,908,000
4. Current Liabilities :
Derivati financial liabilitie RM 1,305,569,000
Referred to Q1 Report ended March 2022 :
1. Non Current Asset :
Derivative financial assets. RM 2,976,000
2. Current Asset :
Derivative financial assets. RM 158,102,000
3. Non Current Liabilities :
Derivative financial liabiliti RM 42,581,000
4. Current Liabilities :
Derivati financial liabilitie RM 1,452,913,000
2022-08-30 23:18 | Report Abuse
Can anyone show which page of the QR is showing NTA 5.2546 ? I can't find it !
NTA of the company represented by Share capital + retained earnings .
@ 30/6/2022 Total is 300 mil + 2,725.5 mil = 3,035.5 mil
NTA is 3,035.50/300 mil share = $10.12 per share !
@ 31.12.21 Total is 300 mil + 2,020.6 mil = $2,320.6 mil
NTA @31/12/21 = $2,320.6/300 = $7.74 mil
From 31/12/21 to 30/6/22 , NTA increase from $7.74 to $10.12 ie $2.38/share
The increase match to the YTD EPS of $2.38.
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Posted by Mikecyc > 3 hours ago | Report Abuse
Haha why ah NTA is dropped ??
AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
5.2546
6.8399
Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD
2022-09-04 14:54 | Report Abuse
In South China Morning Post :
Malaysia, Indonesia, Thailand lead Southeast Asia stock boom in face of China economic concerns, global doom
Scrapping of pandemic-era restrictions have been a key boost to markets, with Malaysia more than doubling its annual target for tourists
Revival stands in stark contrast to China, where a lockdown in megacity Chengdu has cast even more gloom over its economy