HENGYUAN REFINING COMPANY BERHAD

KLSE (MYR): HENGYUAN (4324)

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Last Price

2.44

Today's Change

-0.01 (0.41%)

Day's Change

2.44 - 2.48

Trading Volume

181,200


33 people like this.

123,787 comment(s). Last comment by Vdhawan 23 hours ago

Newplayer286

2,654 posts

Posted by Newplayer286 > 2018-04-20 19:57 | Report Abuse

Anyone can give sincere advice? Is good or no good with their proposal?

gsi723

903 posts

Posted by gsi723 > 2018-04-20 19:58 | Report Abuse

Who is Dr BUckley??

Investor48

1,330 posts

Posted by Investor48 > 2018-04-20 19:58 | Report Abuse

Say whatever..or creating more fear won't stop price to shoot up on Monday.
Shares buyback announcement is a confident booster..

Hehe...

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2018-04-20 20:03 | Report Abuse

Demusangking,are you from Tanjung Rambutan,don't know how to distinguish what is right n wrong.

Karex

29 posts

Posted by Karex > 2018-04-20 20:04 | Report Abuse

gsi723 Who is Dr BUckley??

======================

http://ww1.utusan.com.my/utusan/info.asp?y=1999&dt=1102&pub=Utusan_Express&sec=Business&pg=bs_05.htm

Tongkarat

7,587 posts

Posted by Tongkarat > 2018-04-20 20:06 | Report Abuse

Aiyooo....lets fly light blue eye flags and hang banners....aiyoyo...Ampang we come tonite

Tongkarat

7,587 posts

Posted by Tongkarat > 2018-04-20 20:08 | Report Abuse

Light blue eye flags ready....banners ready.... come come we together gather....

upshare

3,239 posts

Posted by upshare > 2018-04-20 20:10 | Report Abuse

Share buy back???? Mana ada???
Can share the news?

Tongkarat

7,587 posts

Posted by Tongkarat > 2018-04-20 20:11 | Report Abuse

@upshare....come come join the light blue eye....

Depeche

4,451 posts

Posted by Depeche > 2018-04-20 20:22 | Report Abuse

Read and conclude if share buyback is good or not.

MC33

182 posts

Posted by MC33 > 2018-04-20 20:24 | Report Abuse

You have to admire admire Tongkarats focus , the only constant in a conflicted world.

Tongkarat

7,587 posts

Posted by Tongkarat > 2018-04-20 20:26 | Report Abuse

Ya ya ya MC33.... come come support light blue eye...together we save our country...

Depeche

4,451 posts

Posted by Depeche > 2018-04-20 20:27 | Report Abuse

Interesting to see what price the mgt deems fair.

Tongkarat

7,587 posts

Posted by Tongkarat > 2018-04-20 20:28 | Report Abuse

Come tomorrow.... Only 17 days left....need to go all out...

joekit

833 posts

Posted by joekit > 2018-04-20 20:29 | Report Abuse

share buyback very good ah....means the company can buyback share from market if think too cheap...maybe the co see hy share very undervalued now...hehehehe

MC33

182 posts

Posted by MC33 > 2018-04-20 20:31 | Report Abuse

What survey form ?

Depeche

4,451 posts

Posted by Depeche > 2018-04-20 20:38 | Report Abuse

When Hubline mgt bought back their shares...it went up....that's one example I think of.

probability

14,463 posts

Posted by probability > 2018-04-20 20:39 | Report Abuse

THE CLIFF OF DEATH:
...................

The problem with crack spread drop,

it results with Extra - Double X Exponential effects on EPS.
..............................................................

(1) firstly the Gross profit itself does not drop proportionally...as there is breakeven crack spread threshold which it needs to surpass to realize a Gross Profit. Gross profit drops exponentially against crack spread drop instead of proportionally.

(2) secondly, there are Fixed Cost of 150 Million per qtr where the Gross Profit has to surpass (exceed) before realizing as Net Profit.
This has even more exaggerating effects on EPS.

(3) lastly, the new tax realization will make EPS number reduced by 25%


If you plot a graph of crack spread versus eps on and x-y chart...it will look like you are about to jump of a cliff....to death.

Tongkarat

7,587 posts

Posted by Tongkarat > 2018-04-20 20:42 | Report Abuse

Come come @Depeche....support light blue eye...

probability

14,463 posts

Posted by probability > 2018-04-20 20:42 | Report Abuse

the rise in oil price squeezing its margin (1) and the imminent high risk upgrade work (2), with a steep reduction in throughput (3) and a higher cost of producing a barrel refined product due to extra processing cost of Euro 4 technology (4)......


...its all pointing at the same direction....the CLIFF OF DEATH.

GoodBoy

6,594 posts

Posted by GoodBoy > 2018-04-20 20:42 | Report Abuse

Thanks Probability n Uptrending ... Both of u are telling the truth ... Your comments about the company announcement are just n fair ... cheers ...

MC33

182 posts

Posted by MC33 > 2018-04-20 20:43 | Report Abuse

Go go go Blue eye

Tongkarat

7,587 posts

Posted by Tongkarat > 2018-04-20 20:45 | Report Abuse

Thank you Mr MC33... You have made a right choice to save our country...thumbs up

Tongkarat

7,587 posts

Posted by Tongkarat > 2018-04-20 20:46 | Report Abuse

@Goodboy....be a good boy and support light blue eye....come come...

GoodBoy

6,594 posts

Posted by GoodBoy > 2018-04-20 20:57 | Report Abuse

@Tongkarat ... I m a strong supporter of light blue eye ... cheers ...

Tongkarat

7,587 posts

Posted by Tongkarat > 2018-04-20 21:12 | Report Abuse

Thank you Good boy....really a good boy indeed....

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-04-20 21:25 | Report Abuse

last time argue crack spread now share buy back and as usual our hero probability will try to show he is smarter but he didnt sell at 19.

from 19 to 11 them to 15 he is still HY supporter but when hits 6 he become pengkritik already

why a supporter turn to pengkritik??

loser

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-04-20 21:26 | Report Abuse

just buy and dumb dumb hold lah but ensure to sell before KYY sells

so easy invest in here mah

Tongkarat

7,587 posts

Posted by Tongkarat > 2018-04-20 21:27 | Report Abuse

Come come SuperPanda....support light blue eye....

qqq3

13,202 posts

Posted by qqq3 > 2018-04-20 21:27 | Report Abuse

why a supporter turn to pengkritik??

loser
==========================================

he says he is a born again woh?

moneypedia

5,987 posts

Posted by moneypedia > 2018-04-20 21:29 | Report Abuse

its kambing loh kambing (ajuk2 kidding manja2)

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-04-20 21:32 | Report Abuse

btw no need to paste all foreign news for refine margin or profit, their buy and sell gas regulation not similar mah

every country different style. thailand, spore and indon all diff style with msia

Depeche

4,451 posts

Posted by Depeche > 2018-04-20 21:32 | Report Abuse

At least in HY..we don't have to wait a few years for 20 sens profit
.. that's the best part.

Depeche

4,451 posts

Posted by Depeche > 2018-04-20 21:35 | Report Abuse

All the best Tongkarat....I can only give u my blessings...I have my own political woes in my home country.

moneypedia

5,987 posts

Posted by moneypedia > 2018-04-20 21:38 | Report Abuse

volitile tinggi loh kambing loh kambing loh kok kayak gitu sih..masakan gak boleh trading....tikam saja dong, tak perlu butuh apaan mau pikirin yang lain sih (tuka indon sekejap)...

Investor48

1,330 posts

Posted by Investor48 > 2018-04-20 21:40 | Report Abuse

Can PH win 100 parliamentary seats in West Malaysia?
If the answer is no, don't ever hope for change of government.
The most PH can win in East Malaysia is between 12 to 15 out of 57 seats.
This is the fact.

moneypedia

5,987 posts

Posted by moneypedia > 2018-04-20 21:40 | Report Abuse

*kidding for da day pal

qqq3

13,202 posts

Posted by qqq3 > 2018-04-20 21:43 | Report Abuse

by Investor48 > Apr 20, 2018 09:40 PM | Report Abuse

Can PH win 100 parliamentary seats in West Malaysia?
If the answer is no, don't ever hope for change of government.
The most PH can win in East Malaysia is between 12 to 15 out of 57 seats.
This is the fact.
============

should people stop work if they cannot know the future?

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-04-20 21:46 | Report Abuse

Haiyya tongkarat, i dark blue 20 yrs already, johorean mah and my bro is bn candidate, how to support light blue

but dun worry bcoz i hate uncle jib so much (so many lies but still wants to cover, he think we stupid ka), ths year i give light blue.. he he

Newplayer286

2,654 posts

Posted by Newplayer286 > 2018-04-20 21:48 | Report Abuse

Each share of common stock represents a small stake in the ownership of the issuing company, including the right to vote on company policy and financial decisions. If a business has a managing owner and one million shareholders, it actually has 1,000,001 owners. Companies issue shares to raise equity capital to fund expansion, but if there are no potential growth opportunities in sight, holding on to all that unused equity funding means sharing ownership for no good reason.

Shareholders demand returns on their investments in the form of dividends which is a cost of equity – so the business is essentially paying for the privilege of accessing funds it isn't using. Buying back some or all of the outstanding shares can be a simple way to pay off investors and reduce the overall cost of capital. For this reason, Walt Disney (DIS) reduced its number of outstanding shares in the market by buying back 73.8 million shares valued at $7.5 billion back in 2016.

Newplayer286

2,654 posts

Posted by Newplayer286 > 2018-04-20 21:48 | Report Abuse

Share Repurchase Plans Can Be Easily Changed
Ideally, shareholders want a steady stream of increasing dividends from the company. And one of the goals of company executives is to maximize shareholder wealth. However, company executives must balance appeasing shareholders with staying nimble if the economy dips into a recession.

One of the hardest hit banks during the Great Recession was Bank of America Corporation (BAC). The bank has recovered nicely since then, but still has some work to do in getting back to its former glory. However, as of the end of 2017 Bank of America had bought back 509 million shares over the prior 12-month period and the bank plans to return over $17 billion to shareholders through share repurchases in 2018. Although the dividend has increased over the same period, the bank's executive management has consistently allocated more cash to share repurchases rather than dividends.

Why are buybacks favored over dividends? If the economy slows or dips into recession, the bank might be forced to cut its dividend to preserve cash. The result would undoubtedly lead to a sell-off in the stock. However, if the bank decided to buy back fewer shares, achieving the same preservation of capital as a dividend cut, the stock price would likely take less of a hit. Committing to dividend payouts with steady increases will certainly drive a company's stock higher, but the dividend strategy can be a double-edged sword for a company. In the event of a recession, share buybacks can be decreased more easily than dividends with a far less negative impact on the stock price. This is why companies like Bank of America favor buybacks versus dividends when it comes to boosting shareholder wealth.

Newplayer286

2,654 posts

Posted by Newplayer286 > 2018-04-20 21:49 | Report Abuse

Improve Financial Ratios & Boost Confidence
Buying back stock can also be an easy way to make a business look more attractive to investors. By reducing the number of outstanding shares, a company's earnings per share (EPS) ratio is automatically increased. Also, short-term investors often look to make quick money by investing in a company leading up to a scheduled buyback. The rapid influx of investors artificially inflates the stock's valuation and boosts the company's price to earnings ratio (P/E).

If a company is buying back shares, it can also be viewed by the market that management has enough confidence in the company to reinvest in itself. Investors typically see share buybacks as a positive sign that growth is likely to increase in the future. As a result, share buybacks can lead to a rush of investors buying the stock.

Newplayer286

2,654 posts

Posted by Newplayer286 > 2018-04-20 21:51 | Report Abuse

The Stock Is Undervalued
Another major reason why businesses repurchase their own shares is to take advantage of undervaluation. Stock can be undervalued for a number of reasons, often due to investors' inability to see past a business' short-term performance or sensationalist news items. If a stock is dramatically undervalued, the issuing company can repurchase some of its shares at this reduced price and then re-issue them once the market has corrected, thereby increasing its equity capital without issuing any additional shares.

Investor48

1,330 posts

Posted by Investor48 > 2018-04-20 21:53 | Report Abuse

@qqq3

I'm not saying it's not possible
Just telling the truth
You didn't answer ' Can PH win 100 seats in West Malaysia? '

qqq3

13,202 posts

Posted by qqq3 > 2018-04-20 21:54 | Report Abuse

y Investor48 > Apr 20, 2018 09:53 PM | Report Abuse

@qqq3

I'm not saying it's not possible
Just telling the truth
You didn't answer ' Can PH win 100 seats in West Malaysia? '
===========================

its all right, every team needs a sceptic.

qqq3

13,202 posts

Posted by qqq3 > 2018-04-20 21:57 | Report Abuse

I think the question is not whether can win 100 seats in Peninsula, rather what options are available?

qqq3

13,202 posts

Posted by qqq3 > 2018-04-20 22:00 | Report Abuse

share market can decide not to buy.....can Pakatan decide not to fight?

Tongkarat

7,587 posts

Posted by Tongkarat > 2018-04-20 22:01 | Report Abuse

@Investor48... Why not???... If everyone of us give our full support to light blue eye... If we can govern Selangor and Penang why not the Federal government??....

Tongkarat

7,587 posts

Posted by Tongkarat > 2018-04-20 22:03 | Report Abuse

Okay....time for me to hit the ground work....fly the light blue eye flags and hang banners.... Ampang area first.....

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