Fuel
|
Price
|
Yield
|
Amount
|
Mogas/Gasoline
|
113.4
|
0.47
|
53.298
|
Diesel
|
117.2
|
0.46
|
53.912
|
Kero-jet
|
111.8
|
0.07
|
7.826
|
Q1 average
|
|
|
115.036
|
Mogas/Gasoline
|
143
|
0.47
|
67.21
|
Diesel
|
159.6
|
0.46
|
73.416
|
Kero-jet
|
147.2
|
0.07
|
10.304
|
Q2 average
|
|
|
150.93
|
Mogas/Gasoline
|
113.5
|
0.47
|
53.345
|
Diesel
|
141.4
|
0.46
|
65.044
|
Kero-jet
|
132.8
|
0.07
|
9.296
|
Q3 average
|
|
|
127.685
|
|
|
|
Notional amount
|
Assets
|
(Liabilities)
|
30.09.2022
|
|
|
USD’000
|
RM’000
|
RM’000
|
Forward foreign currency contracts
|
131,000
|
7,778
|
(70)
|
||
Forward priced commodity contracts
|
35,768
|
543
|
(15,599)
|
||
Commodity swap contracts
|
|
45,993
|
|
(9,014)
|
|
Refining margin swap contracts
|
287,384
|
159,473
|
(1,257,369)
|
||
Interest rate swap contracts
|
|
34,375
|
388
|
|
|
Total
|
|
|
534,520
|
168,182
|
(1,282,052)
|
P/S: I hope HRC management will respect the right of minority shareholders to hold Management accountable and answerable by promptly responding to my enquiry (Give explanation and answers to my questions).
Failure to respond will leave me with no choice but to make a formal complaint to SC and Bursa to investigate whether HRC gave false representation on their Q2 and Q3 2022 financial report thus in violating Bursa/SC listing rule and regulation.
102796276 | 01/11/2022 | Brought Forward | 20,000 | 4.3065 |
102947637 | 02/11/2022 | Sell | 2,000 | 4.9000 |
102947728 | 02/11/2022 | Sell | 1,000 | 4.9100 |
102947939 | 02/11/2022 | Sell | 1,000 | 4.9200 |
102947952 | 02/11/2022 | Sell | 1,000 | 4.9300 |
102948031 | 02/11/2022 | Sell | 1,000 | 4.9400 |
102948088 | 02/11/2022 | Sell | 1,000 | 4.9500 |
103056572 | 17/11/2022 | Buy | 10,000 | 4.4000 |
103056790 | 17/11/2022 | Buy | 2,000 | 4.3800 |
103092838 | 22/11/2022 | Buy | 4,000 | 4.4100 |
103108751 | 23/11/2022 | Buy | 2,000 | 4.4600 |
103136387 | 25/11/2022 | Buy | 2,000 | 4.5700 |
103136452 | 25/11/2022 | Buy | 3,000 | 4.5600 |
103136541 | 25/11/2022 | Buy | 2,000 | 4.5300 |
103139072 | 25/11/2022 | Buy | 2,000 | 4.5200 |
103139670 | 25/11/2022 | Buy | 2,500 | 4.5100 |
103140459 | 25/11/2022 | Buy | 2,500 | 4.5100 |
103153030 | 29/11/2022 | Buy | 2,000 | 4.5400 |
103160130 | 29/11/2022 | Buy | 3,000 | 4.5500 |
103161718 | 30/11/2022 | Sell | 10,000 | 3.7200 |
103161758 | 30/11/2022 | Sell | 10,000 | 3.7500 |
103162653 | 30/11/2022 | Sell | 5,000 | 3.6100 |
103163740 | 30/11/2022 | Sell | 5,000 | 3.7200 |
103164062 | 30/11/2022 | Sell | 5,000 | 3.7200 |
103164198 | 30/11/2022 | Sell | 5,000 | 3.7300 |
103165315 | 30/11/2022 | Sell | 5,000 | 3.6900 |
103165607 | 30/11/2022 | Sell | 5,000 | 3.7000 |
103174389 | 30/11/2022 | Buy | 500 | 3.5700 |
103892766 | 01/12/2022 | Brought Forward | 500 | 3.5700 |
Chart | Stock Name | Last | Change | Volume |
---|
2023-02-03
2023-01-28
Created by Sslee | Jan 28, 2023
Created by Sslee | Dec 02, 2022
Created by Sslee | Nov 15, 2022
Created by Sslee | Oct 31, 2022
Posted by Sslee > Dec 21, 2022 10:22 AM | Report Abuse
The true is chinaman cannot be trust. Most likely the money is syphon out by paying a fraudulent high price for crude oil in Q3.
Already proven time after time. Red chips are forever Red Chips. How can they become Blue Chips? You have to wait till you see cow jumps over the moon.........
1 month ago
Finally, some truth from BrightSmart......
But the REAL scenario was already REVEALED in Q2 with their "Unrealised" Losses in Hedging....yet we were blindfolded to see it...........
The LOSSES ARE REAL....get it and move on....WE WERE LED TO MISTRUST THOSE FIGURES!
Posted by brightsmart > 18 minutes ago | Report Abuse
the whole episode is just because u use the so call crack spread without understanding how the crack spread relates to the company, how timing differennces are reflected in the accounts, how they do accounting entries for hedging and forward transactions.
Profit estimations are deceptively simple using those crack spread data but what actually gets reflected in the accounts is very complicated. ...and what happened is that your profit forecasts are way way off the mark.
1 month ago
How not to loss money when crude purchase in Q3 USD 136.453/barrel even higher then Q2 of USD 126.71/barrel when average Dated Brent dropped to USD 101/barrel in Q3 from the USD 114/barrel in Q2?
1 month ago
Haha...still don't see the light from BrighSmart's theory.....
Account entries are not "dead wood" and could be flexible at times.....seen to many times.
Only question : Is Crude Oil an item with "Expiry date for use"
Assuming you change crude raw with a sack of potatoes.....one delivered last week and one this week, you have to use first in, first use before expiry........but with crude and the different in pricing...you can use last year's delivery and price this month....RIGHT?
1 month ago
Also, you could also sell your finished product t a price loss to the husband, whose wife you slept with last night???
1 month ago
Q3 cost of manufacturing is higher than q2 cost of manufacturing is not beyond my expectations due to delays and timing differences between oil prices and how they get reflected in cost of manufacturing
1 month ago
qqq3 the exact answer to my question during 2018 AGM.
0ur purchased lot size can range between 300,000 to 1 million barrels. We typically store between 2 - 3 million barrels of crude. Book inventories will also include sailing stocks for which titles have passed to HRC. Part of our operation planning include having sufficient inventory of each crude slate for more than a week's production.
1 month ago
Bulk stock purchases of Oil stocks are on monthly deliveries of small quantities.
Do you have records of the start and end of each and every Stock Lot purchased????
Does these stock barrels have Time stamps or recognisable facial detection????
What make you so sure those stock accounting entries need to be first in first out basis??
1 month ago
Typical, crude oil price are benchmarked against dated Brent, dated Dubai or crude oil official selling price. The final agreed price will include a premium/discount to the benchmark.
1 month ago
Investors losing this round can ONLY be faulted to the BELIEF that the "Unrealised" Hedging losses could be turned from Liabilities into Assets..........PERIOD!
1 month ago
If only the Q2 unrealised hedging losses in on Mogas92 crack spread then that unrealised hedging losses should had turned from liabilities into assets in Q3
But surprised the Q3 unrealised hedging losses still at more than RM 1 billion+
1 month ago
Perhaps, with a gambler's mindset, they kept gambling and hope to strike one of these days.....hahahaha
1 month ago
Or, there could be some other party Hedging against their Hedge, Swaps and Bets...of course, with an off shore Account.....Marty Byrde style.
1 month ago
Bursa very fast response.
Dear Sir,
Reference is made to your e-mail on the above matter.
We have escalated the complaint to our line department concerned for their further action. The assessment into the matter you highlighted may take time, depending on the complexity of the issues raised. However, we will undertake the necessary actions to ensure that your complaint is looked into accordingly and will take the necessary enforcement actions if there is any breach of Listing Requirements.
As we do not play the role of ombudsman nor do we conduct arbitration, in the event of conflicts or financial losses, the aggrieved parties need to file the claims through the appropriate legal process in court.
We will also make the necessary referral to other relevant authorities should we come across any potential breaches of other regulations / Acts (other than the Listing Requirements).
Thank you and have a good day.
Bursa 2U
Bursa Malaysia Berhad
Our Ref: CAS-27923-D0K3D0
1 month ago
Posted by Sslee > 1 hour ago | Report Abuse
Typical, crude oil price are benchmarked against dated Brent, dated Dubai or crude oil official selling price. The final agreed price will include a premium/discount to the benchmark.
=======
but u still do not understand their primary documents for pricing and timing of sales/ purchases.
1 month ago
Q3 cost of manufacturing is higher than q2 cost of manufacturing is not beyond my expectations due to delays and timing differences between oil prices and how they get reflected in cost of manufacturing
u see huge unrealised loss below the line in q2 results....... u don't see huge derivative losses in q3.....a possible explanation is that these are forward transactions and accounted for in purchases during q3.
1 month ago
d by Sslee > 2 hours ago | Report Abuse
Typical, crude oil price are benchmarked against dated Brent, dated Dubai or crude oil official selling price. The final agreed price will include a premium/discount to the benchmark.
=========
a lot of timing differences between sales and purchase prices.
1 month ago
How ironic can it be when HRC naysayer like qqq3 suddenly become it strong supporter and defender.
qqq3 tell me you still hold how many HRC share and at what price?
1 month ago
Walao...buy HY when oil prices suddenly shoots up.........like telling that Sugar is sweet.....or only women carries babies and men cannot.
1 month ago
BobAxelrod
5,954 posts
Posted by BobAxelrod > 1 minute ago | Report Abuse
Walao...buy HY when oil prices suddenly shoots up.........like telling that Sugar is sweet.....or only women carries babies and men cannot.
=========
stock market is not about who is the einstein, stock market is mostly about personality and whether the market suits your personality.
1 month ago
bob.........there is no necessity to reinvent the wheel each time I make money.
1 month ago
like HK shares.............now western media gang up to criticise China for its covid policies......................zero covid policy also criticise, open up also criticise. always cricise never miss the opportunity to criticise china but later will reverse and buy China shares. ..and cny angpow.................................
1 month ago
LOL...I shoot straight and never waver. When you are right, I say that's the truth....no need to camouflage.
And investments in stocks depends on personal "pat chi"??? That's something new...
Anyway, I don't value a single iota of news from forums......I only praise and allow for INSIDER info to convince our investments.
Just here for fun....
1 month ago
Already replied the Feng Shui required for stocks investments mentioned by this fella few hours ago....but can't blame him, he's chinese educated, sometimes missed the message.....
Posted by BobAxelrod > 5 hours ago | Report Abuse
LOL...I shoot straight and never waver. When you are right, I say that's the truth....no need to camouflage.
And investments in stocks depends on personal "pat chi"??? That's something new...
1 month ago
https://klse1.i3investor.com/blogs/Sslee_blog/2023-01-04-story-h-301981508-Hengyuan_HRC_Q3_2022_financial_report_enquiry_Part_II.jsp
Hengyuan: HRC Q3 2022 financial report enquiry (Part II)
4 weeks ago
qqq3,
Why accept $88 million pre tax profits for 9 months when in the third quarter alone, Hyundai Oilbank’s operating profit skyrocketed by 226 percent on-year to 2.8 trillion won.
4 weeks ago
sslee, don't be so silly................... Hyundai got make so much profits in q2 meh? its all timing differences and hedgings.
4 weeks ago
sslee, don't be so silly................... Hyundai got make so much profits in q2 meh? its all timing differences and hedgings.
further more, u don't even know how Hy and hyundai fix their selling prices.
4 weeks ago
and regarding AGM, I will encourage laymen to attend AGM of good quality companies and not attend AGM of lower quality companies. Its a one sided affair.....laymen will be sweet talk by CEo to buy more of their low quality shares.
4 weeks ago
this ttb of icap has never treated minority shareholders as partners. ..................................so why attend AGM or even read their accounts? same for any lower quality companies such as Jaks, Insas, ............................................ many many more.
and that is the main thing. if u cannot smell a rat from far far away, and stay far far away, there is no end to troubles as Ceo all good in sweet talks up close.
4 weeks ago
Aiseh!
Why attend Icap Agm leh ??
Got alot of free makan many many pretty girls at Icap mtg loh!
Posted by qqq47660 > 2 hours ago | Report Abuse
this ttb of icap has never treated minority shareholders as partners. ..................................so why attend AGM or even read their accounts? same for any lower quality companies such as Jaks, Insas, ............................................ many many more.
and that is the main thing. if u cannot smell a rat from far far away, and stay far far away, there is no end to troubles as Ceo all good in sweet talks up close.
4 weeks ago
Ya loh!
Should attend the AGM mah!
Posted by qqq47660 > 1 minute ago | Report Abuse
U mean ttb employ a lot of pretty girls to be interns?
4 weeks ago
https://klse.i3investor.com/blogs/Sslee_blog/2020-02-18-story-h1483850146-SC_wants_you_to_participate_effectively_at_an_Annual_General_Meeting.jsp
What you need to prepare before attending AGM.
4 weeks ago
To : stockraider fella /
Very hard to find you as you run here ,
run there ,
run inside the TSH forum to ptotect your senior partner of Netx /0020 __ the sole K on artist
Callvin Tan Boh Liau
managed to find you , stockraider here
1. Are you so brave to join his scheme similar like Texchem / 8702 :
after Netx /0020 for more than
20 months , so kaw , kaw ,kaw brave ? ?? ??? ================================================================================================================================
LATEST TO JOIN THE GAME IS TEXCHEM ! !! !!!
NOW LET'S SEE THE FIRE POWER OF TEXCHEM
(Only less than 30% TEXCHEM Shares are in Freefloat)
WILL NOT JOIN YOUR GAME AS THERE WILL BE HOT SOUP WITH
BURSA ;
KLSE ;
AND ALL THE RELEVANT AUTHORITIES IN MALAYSIA ___
YOU ARE IN SINGAPORE __ well hidden in Jurong ,Singapore far away from the Malaysian authorities ,
so sorry as now in Malaysian the
new Prime Minister cannot accept more previous nonsense ,
you can test your luck ?
YOU THINK YOU CAN ESCAPE BY CABUT TO YOUR BEAR CAVE IN THE BULUGAN FOREST , AGAIN ?
TEXCHEM : COMPARE & CONTRAST ITS POTENTIAL & NET ASSET VALUE WITH LUXCHEM & SAMCHEM,
Calvin Tan Research
calvintaneng
Publish date: Sun, 05 Jul 2020, 07:21 PM
?????????????????????????????????????????????????????????????????????????????????????????
https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-07-05-story-h1509766297-TEXCHEM_COMPARE_CONTRAST_ITS_POTENTIAL_NET_ASSET_VALUE_WITH_LUXCHEM_SAM.jsp
??????????????????????????????????????????????????????????????????????????
THE INVESTMENT APPROACH OF CALVIN TAN
TEXCHEM :
COMPARE & CONTRAST ITS POTENTIAL & NET ASSET VALUE WITH LUXCHEM & SAMCHEM,
Calvin Tan Research
calvintaneng
Publish date: Sun, 05 Jul 2020,
07:21 PM
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
LATEST TO JOIN THE GAME IS TEXCHEM
NOW LET'S SEE THE FIRE POWER OF TEXCHEM
(Only less than 30% TEXCHEM Shares are in Freefloat)
4 weeks ago
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Reference is made to the query received from Bursa Malaysia Securities Berhad (“Bursa Securities”) on 13 July 2020 pertaining to the sharp rise in price and trading volume of the Company’s shares recently (“trading activity”).
In accordance with Paragraph 9.11 of the Main Market Listing Requirements (“MMLR”) of Bursa Securities, the Company after making due enquiry with the Board of Directors (“Board”), major shareholders and such other relevant persons, is of the view that the trading activity may be due to an article published by a
Mr Calvin Tan Eng
(“the said Article”) which can be accessed at the following link (https://klse.i3investor.com/m/blog/www.eaglevisioninvest.com/2020-07-08-story h1509826036Texchem_Malaysia_s_Transformation_to_venture_into_formulate_Latex_Glove.jsp).
The said Article has extracted the information from the Company’s magazine “Texview”, a regular quarterly in-house publication, which was made available in the Company’s website in early November 2019. Texview is a publication on the happenings within the Group consisting of operational business activities and employee engagement. The interest in the article published in Texview in November 2019 may arise due to the current development in the glove industry as a result of the impact of Covid-19 pandemic.
The Texview article shared that Texchem Malaysia Sdn Bhd (“Texchem Malaysia”), a wholly owned subsidiary of Texchem Materials Sdn Bhd which is in turn a wholly owned subsidiary of the Company, has developed in-house formulation for effective cleaning and anti-tack agents which are both essential products in the glove making industry. The Texview article is attached in this announcement. The supply of cleaning and anti-tack agents is in the ordinary course of business of Texchem Malaysia and hence, it did not require any announcement to be made to Bursa Securities.
Save and except for the above, the Board hereby confirms to the best of its knowledge the following:
1. There is no corporate development relating to the Group’s business and affairs that has not been previously announced that may account for the trading activity including those in the stage of negotiation/discussion. The Company will comply with the MMLR of Bursa Securities in making necessary disclosure, if any, at the appropriate time;
2. The Board is not aware of any rumour or report concerning the business and affairs of the Group that may account for the trading activity;
3. The Board is not aware of any other possible explanation to account for trading activity; and
4. The Company and the Board are in compliance with the MMLR of Bursa Securities, in particular Paragraph 9.03 of the MMLR on immediate disclosure obligations.
This announcement is dated 13 July 2020.
LATEST TO JOIN THE GAME IS TEXCHEM
NOW LET'S SEE THE FIRE POWER OF TEXCHEM
(Only less than 30% TEXCHEM Shares are in Freefloat)
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Best Regards
Calvin Tan Research
Singapore
==============================================================
Remarks
AAA. Even *** StartOfTheBull *** and
the brave * milk fella *
LATEST TO JOIN THE GAME IS TEXCHEM
NOW LET'S SEE THE FIRE POWER OF TEXCHEM
(Only less than 30% TEXCHEM Shares are in Freefloat)
WILL NOT JOIN YOUR GAME AS THERE WILL BE HOT SOUP WITH BURSA ; KLSE ; AND ALL THE RELEVANT AUTHORITIES IN MALAYSIA ___
YOU IN SINGAPORE ;
YOU THINK YOU CAN ESCAPE BY CABUT TO YOUR BEAR CAVE IN THE BULUGAN FOREST , AGAIN ?
Even the Big Boss is inside Kajang
4 weeks ago
layman vs ceo............. its a one sided affair.................................a match of unequals.
4 weeks ago
brightsmart
IB do not cover these companies because they don't understand and do not want to be embarrassed...................................................they took the correct approach and correct attitude.
1 month ago