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2022-09-13 08:57 | Report Abuse
Assuming the EPS = 6.00, the present price at 4.57, PER = 0.76.
ROI is less than a year.
Where on earth has this type of profitable stock ?
It is only in KLSE.
If Hengyuan will suffer billion of unrealised loss on refined derivative, which bank will lend money to Hengyuan.
Bank will lend money to a solid stock like Hengyuan.
To me all unrealised derivative loss is not a concern to me.
Strong growth in earning is what I look forward to.
Wait to see the high EPS in FY2022 result.
News & Blogs
2022-09-12 23:11 | Report Abuse
Posted by Sslee > 3 hours ago | Report Abuse
Hengyuan establishes RM5 bil MTN programme, accepts RM1.3 bil in revolving credit facilities
By Izzul Ikram | theedgemarkets.com | 2022-09-12 19:00:00
KUALA LUMPUR (Sept 12): Hengyuan Refining Co Bhd has established an unrated medium-term notes (MTN) programme of up to RM5 billion in nominal value, and accepted RM1.31 billion in multi-currency revolving credit (RC) facilities.
In a Bursa Malaysia filing, the crude oil refiner said the purpose of the MTN programme and RC facilities is to refinance its existing loans, fund the medium-term growth and working capital of the company, as well as allow Hengyuan to proceed with its planned upgrade and maintenance projects for its refinery.
Hengyuan said tranches of the RM5 bil MTN programme will be issued over a tenure of 30 years via bought deal or private placement.
The company said it made an initial lodgement for the establishment of the MTN programme to the Securities Commission Malaysia on June 30, and subsequently relodged last Thursday (Sept 8) following certain revisions to the principal terms and conditions of the programme.
AmInvestment Bank Bhd and Maybank Investment Bhd are the joint principal advisers, joint lead arrangers, and joint lead managers of the MTN programme, while Malaysian Trustees Bhd is the trustee.
Meanwhile, on the RC facilities, Hengyuan said they comprise a US dollar facility of up to US$235 million (RM1.06 billion) and a ringgit facility of up to RM250 million offered by AmBank (M) Bhd, China Construction Bank Corp, Labuan Branch and Malayan Banking Bhd.
"The RC facilities are subject to the approval of Bank Negara Malaysia and this was received by Hengyuan on Aug 3," it added.
Shares in Hengyuan finished three sen or 0.65% lower at RM4.57 on Monday (Sept 12), giving the company a market capitalisation of RM1.37 billion.
Edited by S Kanagaraju
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If Hengyuan will suffer billions of unrealised losses on refined derivatives, which bank will lend money to Hengyuan ?
If Hengyuan is over hedging and suffers heavy hedging losses on refined derivatives, banks will not approve this medium-term notes (MTN) programme of up to RM5 billion in nominal value, and accept RM1.31 billion in multi-currency revolving credit (RC) facilities.
Banks will lend money to a solid stock like Hengyuan means bankers have already scrutinised their Accounts under the microscope. All rumours about unrealised refined derivative losses are not a concern to the banks now.
The worst is over, the share price will perform well after this announcement.
Will it be a limit up tomorrow after this good announcement ?
Mr Market will tell you tomorrow after 9.00 am.
Good luck and may god bless you always.
Stock
2022-09-12 23:10 | Report Abuse
Posted by Sslee > 3 hours ago | Report Abuse
Hengyuan establishes RM5 bil MTN programme, accepts RM1.3 bil in revolving credit facilities
By Izzul Ikram | theedgemarkets.com | 2022-09-12 19:00:00
KUALA LUMPUR (Sept 12): Hengyuan Refining Co Bhd has established an unrated medium-term notes (MTN) programme of up to RM5 billion in nominal value, and accepted RM1.31 billion in multi-currency revolving credit (RC) facilities.
In a Bursa Malaysia filing, the crude oil refiner said the purpose of the MTN programme and RC facilities is to refinance its existing loans, fund the medium-term growth and working capital of the company, as well as allow Hengyuan to proceed with its planned upgrade and maintenance projects for its refinery.
Hengyuan said tranches of the RM5 bil MTN programme will be issued over a tenure of 30 years via bought deal or private placement.
The company said it made an initial lodgement for the establishment of the MTN programme to the Securities Commission Malaysia on June 30, and subsequently relodged last Thursday (Sept 8) following certain revisions to the principal terms and conditions of the programme.
AmInvestment Bank Bhd and Maybank Investment Bhd are the joint principal advisers, joint lead arrangers, and joint lead managers of the MTN programme, while Malaysian Trustees Bhd is the trustee.
Meanwhile, on the RC facilities, Hengyuan said they comprise a US dollar facility of up to US$235 million (RM1.06 billion) and a ringgit facility of up to RM250 million offered by AmBank (M) Bhd, China Construction Bank Corp, Labuan Branch and Malayan Banking Bhd.
"The RC facilities are subject to the approval of Bank Negara Malaysia and this was received by Hengyuan on Aug 3," it added.
Shares in Hengyuan finished three sen or 0.65% lower at RM4.57 on Monday (Sept 12), giving the company a market capitalisation of RM1.37 billion.
Edited by S Kanagaraju
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If Hengyuan will suffer billions of unrealised losses on refined derivatives, which bank will lend money to Hengyuan ?
If Hengyuan is over hedging and suffers heavy hedging losses on refined derivatives, banks will not approve this medium-term notes (MTN) programme of up to RM5 billion in nominal value, and accept RM1.31 billion in multi-currency revolving credit (RC) facilities.
Banks will lend money to a solid stock like Hengyuan means bankers have already scrutinised their Accounts under the microscope. All rumours about unrealised refined derivative losses are not a concern to the banks now.
The worst is over, the share price will perform well after this announcement.
Will it be a limit up tomorrow after this good announcement ?
Mr Market will tell you tomorrow after 9.00 am.
Good luck and may god bless you always.
News & Blogs
2022-09-12 21:15 | Report Abuse
y miracle_trader > 16 minutes ago | Report Abuse
hengyuan will indeed fly soon. experience trader can see that, seller have exhausted.
News & Blogs
2022-09-12 21:12 | Report Abuse
kebling98
Haiyohe if hengheng is over hedging, bank will not give her 5blah.
If hengheng loss 1000m in hedging, bank nampak hengheng pun run loh.
Bank wont lend money to gamblers lah
This MTN proved hengheng business very healthy.
O&G company is very difficult to get MTN.
Only very good company can get MTN.
Sunway has established 3b MTN in March. Sunway good or bad company?
If the statements about unrealize derivatives loss is true ,means bank is doing charityloh
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Do not know whether it is a coincident or not, every time KYY talks bad about Hengyuan, a good news will appear to help the share price of Hengyuan to move up north.
When KYY said Hengyuan is a sell, it means you must buy.
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2022-09-12 21:05 | Report Abuse
Do not know whether it is a coincident or not, every time KYY talks bad about Hengyuan, a good news will appear to help the share price of Hengyuan to move up north.
When KYY said Hengyuan is a sell, it means you must buy.
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2022-09-12 21:01 | Report Abuse
Is Hengyuan a holland stock ?
Let a few naysayers clarified themselves.
90% of traders lost money in KLSE, they do not have the patience to wait.
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2022-09-12 20:51 | Report Abuse
Assuming the EPS = 6.00, the present price at 4.57, PER = 0.76.
ROI is less than a year.
Where on earth has this type of profitable stock ?
It is only in KLSE.
If Hengyuan will suffer billion of unrealised loss on refined derivative, which bank will lend money to Hengyuan.
Bank will lend money to a solid stock like Hengyuan.
To me all unrealised derivative loss is not a concern to me.
Strong growth in earning is what I look forward to.
Wait to see the high EPS in FY2022 result.
News & Blogs
2022-09-12 16:59 | Report Abuse
Posted by tehka > 14 minutes ago | Report Abuse
Hengyuan with 2 consecutive quarter of earnings growth should comply with Koon Golden Rule. But seems uncle no longer follow his Koon golden rule.
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He did not follow rules now.
He becomes a speculator instead of an investor.
There is the real reason he lost > 500 million in the last few years.
His 2 important generals left him, hence his empire collapsed.
No material in him.
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News & Blogs
2022-09-12 13:17 | Report Abuse
I do not need the advice from stockraider after a long bad mouth from him on Hengyuan.
What do you expect from an office boy standard in investing ?
He said, Hengyuan is a con stock, Chinaman siphoned money from Malaysia to China.
I had made a report on him to Hengyuan management, I hope a legal action is taken against him.
FYI, stockraider is the one losing his money in 2017.
I made million from Hengyuan in 2017.
No reason that I take his advice.
If he is so good, he should make more money than me in 2017.
I am very disappointed with him.
Hence I report his name to the management of Hengyuan and suggest to the management to take a legal action against him.
I mean business.
News & Blogs
Stock
2022-09-12 12:21 | Report Abuse
I do not need the advice from stockraider after a long bad mouth from him on Hengyuan.
What do you expect from an office boy standard in investing ?
He said, Hengyuan is a con stock, Chinaman siphoned money from Malaysia to China.
I had made a report on him to Hengyuan management, I hope a legal action is taken against him.
FYI, stockraider is the one losing his money in 2017.
I made million from Hengyuan in 2017.
No reason that I take his advice.
If he is so good, he should make more money than me in 2017.
I am very disappointed with him.
Hence I report his name to the management of Hengyuan and suggest to the management to take a legal action against him.
I mean business.
News & Blogs
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2022-09-12 11:29 | Report Abuse
Posted by UlarSawa > 14 seconds ago | Report Abuse
Uncle Koon is powerful lah. If he join HengYuanese jadi super promoter baru ada hope lah. If he is super penkritik then habis lah. Haiyoh. Correct?
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This old man has no money to push any share now.
This old man already lost > 500 million in last few years.
Basically, this old man also lost until not much money left behind.
He sold his bungalow lot and land in last few year.
Very sad to hear that.
News & Blogs
2022-09-12 11:26 | Report Abuse
No worry.
A good investor will make money quietly.
This old man already lost > 500 million in last few years.
Basically, this old man also lost until not much money left behind.
He sold his bungalow lot and land in last few years.
Very sad to hear that.
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2022-09-12 09:57 | Report Abuse
I do not need the advice from stockraider after a long bad mouth from him on Hengyuan.
He said, Hengyuan is a con stock, Chinaman siphoned money from Malaysia to China.
I had made a report on him to Hengyuan management, I hope a legal action is taken against him.
FYI, stockraider is the one losing his money in 2017.
I made million from Hengyuan in 2017.
No reason that I take his advice.
If he is so good, he should make more money than me in 2017.
I am very disappointed with him.
Hence I report his name to the management of Hengyuan and suggest to the management to take a legal action against him.
I mean business.
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2022-09-10 12:41 | Report Abuse
I have written to the BOD of Hengyuan to request them to allow Investment Banks to visit the refinery plant in PD so that there is a coverage on Hengyuan by Investment Banks.
Hope the BOD will agree to my suggestion.
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2022-09-10 12:23 | Report Abuse
I do not need the advice from stockraider after a long bad mouth from him on Hengyuan.
He said, Hengyuan is a con stock, Chinaman siphoned money from Malaysia to China.
I had made a report on him to Hengyuan management, I hope a legal action is taken against him.
FYI, stockraider is the one losing his money in 2017.
I made million from Hengyuan in 2017.
No reason that I take his advice.
If he is so good, he should make more money than me in 2017.
I am very disappointed with him.
Hence I report his name to the management of Hengyuan and suggest to the management to take a legal action against him.
I mean business.
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2022-09-09 20:48 | Report Abuse
Posted by probability > 19 seconds ago | Report Abuse
@ular..ask him to repost..we are here to listen all naysayers...loud and clear
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No point, he talks nonsense here.
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2022-09-09 20:47 | Report Abuse
Posted by tehka > 50 seconds ago | Report Abuse
Dear zhuge if you are right we will see ATH again
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I hope so.
If ATH, my sifu will not be attacked by naysayers again.
I cannot tell you what is our expected target price.
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Watchlist
2022-09-09 19:43 |
Post removed.Why?
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2022-09-09 19:39 | Report Abuse
Posted by Sslee > 57 seconds ago | Report Abuse
How you going to capture this unrealised loss in your Q2 account?
Is this unrealised loss a great concerned?
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To me this unrealised loss is none of my concerned.
When mature, the loss is deducted from the gross profit.
The gross profit earns less profit only after deducting the realised refined losses.
The big profit is already captured in the spot price as long as the current crack spread is higher than the hedged crack spread.
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2022-09-09 18:46 | Report Abuse
Posted by Sharewire > 2 minutes ago | Report Abuse
Crack spreads at 30++ is out of this world !!!!. Nobody expect that.
Hedge losses for petronm and hengyuan was huge!!!
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Good news.
The crack spread of gasoline is less than USD10 for the last 10 years.
Hedging at USD12.70 is already a fortune.
Hedging at USD 30.00 for the next 2 years, at the present price, the PER of Hengyuan is always < 1.0 for the next 2 years. The future EPS is always > 7.00.
Not huat is very difficult to imagine.
Thank you for your good news @Sharewire.
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2022-09-09 13:41 | Report Abuse
I really learn a lot from probability, Sslee and Johnzhang.
Keep up the good work.
Ignore all remarks from naysayers.
Always attack writers who provide information, all will disappear permanently from I3.
I wish it will not happen, I want to learn from these sifu.
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2022-09-09 12:30 | Report Abuse
Posted by probability > 5 minutes ago | Report Abuse
exactly...money is right in front of their eyes....but they chose to see OCI instead of P&L...
Posted by Zhuge_Liang > Sep 9, 2022 12:19 PM | Report Abuse
The earning is so strong and PER is so low.
This is a life time opportunity to win in a big way.
I think should not aim for peanut profit like many day traders.
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It is true, I never see so strong and high EPS of a stock in my life time.
I hope it is life time opportunity for me.
Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD
2022-09-13 08:58 |
Post removed.Why?