Steady collection loh!

Small cikku like Bplant can propose div 7.3 sen...very impressive mah!

Put it this way loh!

Not all derivative employed by these companies are for hedging purpose loh!

Sometime use it for speculation mah!

For msia refinery.....u no need bcos govt already have a formula for your products price...u no need to really hedge mah!....Bcos govt formula is a natural hedge mah!

Remember during Shell & Esso time....none of them use derivative mah!

They do use derivative bcos....this may run the risk of gambling...if they over do it loh!

Put it this way loh!

Not all derivative employed by these companies are for hedging purpose loh!

Sometime use it for speculation mah!

For msia refinery.....u no need bcos govt already have a formula for your products price...u no need to really hedge mah!....Bcos govt formula is a natural hedge mah!


Remember during Shell & Esso time....none of them use derivative mah!

They do use derivative bcos....this may run the risk of gambling...if they over do it loh!

Remember during Shell & Esso time....none of them use derivative mah!

They do use derivative bcos....this may run the risk of gambling...if they over do it loh!

Put it this way loh!

Not all derivative employed by these companies are for hedging purpose loh!

Sometime use it for speculation mah!

For msia refinery.....u no need bcos govt already have a formula for your products price...u no need to really hedge mah!....Bcos govt formula is a natural hedge mah!

Common stop expecting chicken feed from hengyuan, even if there is any mah!

Go for Petron the answer loh!

Yes!
HY sell & trade in Msia & deal with RM mah!

Why borrowed & deal with so much USD leh ??

Posted by brian3381 > 2 minutes ago | Report Abuse

Posted by Eden__lee > 4 minutes ago | Report Abuse

Hengyuan payable and borrowing RM4.7b denominated in US Dollar.

This Quarter US dollar strenthen from 4.2 to 4.4, how much foreign exchange loss hengyuan going to loss?

corect, bad for hy cos a lot of loan in usd!!!!

Do u know hedging is one of the potential tools to siphon money leh ?

Do u know sharing their profits with minority shareholders thru paying div is part of good governance practise leh ??
Bravo to Petron loh!

Very cheap entry loh!

A free very valuable advice on essential corp Governance mah!

What is the key diff in ownership & management between Bplant V Subur leh ?
Bplant reward its shareholders by distributing reasonable dividend whereas Subur siphoned cash & profit for its own major shareholder profit mah!

In other words even if Subur going to make good profits, they are not going to share any with u loh!

On the other hand, u can rely on Bplant for its good corporate governance mah!
And right now Bplant is actually making more monies than Subur loh!

Remember u have much more dependable profit in Petron than hengyuan loh!

Crack Spread high at above 30 will benefit Petron & hengyuan loh!

But u can only trust and have confidence that Petron will reward u mah!
Posted by stockraider > 17 minutes ago | Report Abuse

What is the key diff in ownership & management between Petron V Hengyuan leh ?
Petron reward its shareholders by distributing reasonable dividend whereas Hengyuan siphoned cash & profit for its own profit mah!

In other words even if Hengyuan going to make good profits, they are not going to share any with u loh!

On the other hand, u can rely on Petron for its good corporate governance mah!
And right now Petron is actually making more monies than hengyuan loh!

Lu tau boh ?

Yes very fishy....smart intelligent savvy investors like Raider & Gangs easily spot....they do it to create a big collection opportunity to collect very cheap....to make very big profit mah!

What is the key diff in ownership & management between Petron V Hengyuan leh ?
Petron reward its shareholders by distributing reasonable dividend whereas Hengyuan siphoned cash & profit for its own profit mah!

In other words even if Hengyuan going to make good profits, they are not going to share any u loh!

On the other hand, u can rely on Petron for its good corporate governance mah!
And right now Petron is actually making more monies than hengyuan loh!

Lu tau boh ?

What is the key diff in ownership & management between Bplant V Jtiasa leh ?
Bplant reward its shareholders by distributing reasonable dividend whereas Jtiasa siphoned cash & profit for its own major shareholder profit mah!

In other words even if Jtiasa going to make good profits, they are not going to share any with u loh!

On the other hand, u can rely on Bplant for its good corporate governance mah!
And right now Bplant is actually making more monies than Jtiasa loh!

What is the key diff in ownership & management between Bplant V Jtiasa leh ?
Bplant reward its shareholders by distributing reasonable dividend whereas Jtiasa siphoned cash & profit for its own major shareholder profit mah!

In other words even if Jtiasa going to make good profits, they are not going to share any with u loh!

On the other hand, u can rely on Bplant for its good corporate governance mah!
And right now Bplant is actually making more monies than Jtiasa loh!

What is the key diff in ownership & management between Bplant V Jtiasa leh ?
Bplant reward its shareholders by distributing reasonable dividend whereas Jtiasa siphoned cash & profit for its own major shareholder profit mah!

In other words even if Jtiasa going to make good profits, they are not going to share any with u loh!

On the other hand, u can rely on Bplant for its good corporate governance mah!
And right now Bplant is actually making more monies than Jtiasa loh!

What is the key diff in ownership & management between Bplant V Jtiasa leh ?
Bplant reward its shareholders by distributing reasonable dividend whereas Jtiasa siphoned cash & profit for its own major shareholder profit mah!

In other words even if Jtiasa going to make good profits, they are not going to share any with u loh!

On the other hand, u can rely on Bplant for its good corporate governance mah!
And right now Bplant is actually making more monies than Jtiasa loh!

Bplant the best rewarding Plantation stock loh!

Run for what leh ?

Quickly collect mah!

U will be highly rewarded from Sapnrg restructuring deals mah!

Lu tau boh ?

What is the key diff in ownership & management between Petron V Hengyuan leh ?
Petron reward its shareholders by distributing reasonable dividend whereas Hengyuan siphoned cash & profit for its own profit mah!

In other words even if Hengyuan going to make good profits, they are not going to share any with u loh!

On the other hand, u can rely on Petron for its good corporate governance mah!
And right now Petron is actually making more monies than hengyuan loh!

Lu tau boh ?

What is the key diff in ownership & management between Petron V Hengyuan leh ?
Petron reward its shareholders by distributing reasonable dividend whereas Hengyuan siphoned cash & profit for its own profit mah!

In other words even if Hengyuan going to make good profits, they are not going to share any with u loh!

On the other hand, u can rely on Petron for its good corporate governance mah!
And right now Petron is actually making more monies than hengyuan loh!

Lu tau boh ?

What is the key diff in ownership & management between Petron V Hengyuan leh ?
Petron reward its shareholders by distributing reasonable dividend whereas Hengyuan siphoned cash & profit for its own profit mah!

In other words even if Hengyuan going to make good profits, they are not going to share any with u loh!

On the other hand, u can rely on Petron for its good corporate governance mah!
And right now Petron is actually making more monies than hengyuan loh!

Lu tau boh ?

What is the key diff in ownership & management between Petron V Hengyuan leh ?
Petron reward its shareholders by distributing reasonable dividend whereas Hengyuan siphoned cash & profit for its own profit mah!

In other words even if Hengyuan going to make good profits, they are not going to share any u loh!

On the other hand, u can rely on Petron for its good corporate governance mah!
And right now Petron is actually making more monies than hengyuan loh!

Lu tau boh ?

Just keep calm & quickly collect mah!

Why Petron profits beat the hell of Hengyuan leh ??
Ans : It is bcos of Russian Crude mah!

The fact is Philippine do not sanction Russian oil mah!

Thus Petron is able to import cheap cheap Gasoline from the Parent in Philippines as the input of russian crude is only USD 80 per barrel compare to the mkt price of USD 115....which is more than 40% cheaper mah!

This cost advantage augurs well with Petron bcos its refinery in msia which do not use russian crude only produce about 50% of its retail reqn mah!

Lu tau boh ?

Yes but Probability is promoting Hengyuan in Petron forum mah!

Lu tau boh ?

Better avoid crooked owner & management like Hengyuan...U cannot trust mah!

They can anytime kon u mah!

Go for Petron much better loh!

Memang betul ikut fakta mah!
Thats why cheap mah!

Bcos need restructuring mah!

After restructuring alot of value is created bcos the banks will forgive 35% to 70% of its debt mah!

That means good for sapnrg loh!

Having Russian Crude at USD 80 while the mkt price for crude is USD 113.....it is as good as high crack spread, if not better mah!

Yes but the bugger Owner siphoned money from Hengyuan mah!

Posted by Sslee > 56 seconds ago | Report Abuse

Is a fact high crack spread will benefit Hengyuan more because of their bigger capacity refinery with Long Residue Catalytic Cracker.

The only problem is whether management managed competantly on their derivatives hedging.

Yes lah! Now is big opportunity to collect while cheap loh!

Do not be silly lah!

No way mah!

Posted by Legend > 1 minute ago | Report Abuse

Next month down to 0.020 baru ada akal....

What is the problem to end war quickly leh ??

Bcos more than 30 Nato countries use Ukraine to fight Russia mah!

Thats why cheap mah!

Bcos need restructuring mah!

After restructuring alot of value is created bcos the banks will forgive 35% to 70% of its debt mah!

That means good for sapnrg loh!

Go & buy actual toilet papers or use water mah!

Sapnrg is too precious mah!

If drag too long...Russia may use nuclear on Ukraine to end the war mah!

Posted by chinaman > 7 minutes ago | Report Abuse

drag too long... all russia tanks habis....even if win, still lost actually. use hammer to hit a fly

Not true mah!

Petron got a 40% cost advantage due to use of russian crude mah!

Thus much better profit margin mah!

Posted by blackgold77 > 10 seconds ago | Report Abuse

wasting your time and effort, if HY down petron will up? likewise.

Sell b4 too late loh!

Just convert to Petron better profit & much safer mah!

Why Petron profits beat the hell of Hengyuan leh ??
Ans : It is bcos of Russian Crude mah!

The fact is Philippine do not sanction Russian oil mah!

Thus Petron is able to import cheap cheap Gasoline from the Parent in Philippines as the input of russian crude is only USD 80 per barrel compare to the mkt price of USD 115....which is more than 40% cheaper mah!

This cost advantage augurs well with Petron bcos its refinery in msia which do not use russian crude only produce about 50% of its retail reqn mah!

Lu tau boh ?

Opportunity to collect mah!

The debt restructuring is positive for sapnrg mah!

Why Petron profits beat the hell of Hengyuan leh ??
Ans : It is bcos of Russian Crude mah!

The fact is Philippine do not sanction Russian oil mah!

Thus Petron is able to import cheap cheap Gasoline from the Parent in Philippines as the input of russian crude is only USD 80 per barrel compare to the mkt price of USD 115....which is more than 40% cheaper mah!

This cost advantage augurs well with Petron bcos its refinery in msia which do not use russian crude only produce about 50% of its retail reqn mah!

Lu tau boh ?

Go for PH the best bet for non loh!

When the bank is owed more than Rm 10b and loan is unsecured....the bank is in trouble mah!

Ambank says they have provided 85% of the potential loan losses mah!

Thus haircut between 35% to 75% from the banks are highly possible in the propose coming restructuring mah!

U need to understand this mah!

If sapnrg refuse & cannot pay the whole unsecured loan which is suppose to be loan term is classified as short term mah!

Once the bank agree on the terms of restructuring....these loan will be reclassified to loan term mah!

Lu tau boh ??

How to compete with China on crack spread leh ??

China even use cheap quality Ural russian Crude of USD 80 which already have a cost advantage of at least usd 35 or 41% cheaper mah!

It is obvious opportunity mah!

It is not simply hoping mah!

$$$$$$$$$$$ coming loh!

EY expression non event mah!

Ahfah a lay vege seller from Pudu mkt already concluded this situation more than 3 mths ago mah!

Now is the time to capitalise on the restructuring mah!

Posted by billionman > 49 seconds ago | Report Abuse

KUALA LUMPUR (May 31): Sapura Energy Bhd said its external auditor has expressed its unqualified opinion with material uncertainty related to the group's ability to continue as a going concern.

Messrs Ernst & Young PLT (E&Y) expressed the opinion in the audited financial statements of the group for the financial year ended Jan 31 2022 (FY22), the group said in a bourse filing.

E&Y highlighted that the integrated upstream service provider’s reported a net loss of RM9.06 billion for FY22, and that its current liabilities exceeded its current assets by RM12.45 billion.

The auditor noted that Sapura Energy faces severe liquidity constraints, and together with its 22 units have obtained restraining orders under Section 368 of the Companies Act 2016, as well as separate contractual standstill arrangements with lenders — which will expire on June 10 and June 6 respectively.

When it is cheap ...U no fear PN 17....only with PN17 debt restructuring can be carried out effectively with big viability of profit for investors mah!