Posted by Alex™ > 2018-05-23 08:21 | Report Abuse

having dutch lady 250ml caramel milk + corn flake now...

ok sapu nestle PE 200~

Posted by titus > 2018-05-23 08:26 | Report Abuse

will break 7 today? but i think the quantum of the fall will be smaller each time because if 15% is the cct breaker for the stock, then it will take longer to reach the bottom. Let's see how our beloved HY do today....

Posted by mneo > 2018-05-23 08:32 | Report Abuse

In cash statement...The total inventory may include several balances, such as finished goods, raw materials or work in process. Hence, its main purpose is to act as current asset that can be converted to cash. It could be crude oil, or refined oil storage.... The option 1 and 2 are not correct.


Posted by Sslee > May 22, 2018 09:02 PM | Report Abuse

Dear all,
From Q1 financial report:
Revenue: RM 3,060,784 ,000
Purchases: RM 2,887,054,000
Gross profit: RM 172,727,000
Gross profit should be revenue- Cost of goods sold
Cost of goods sold = Opening inventory+ purchase –closing inventory.
Opening inventory =RM 1,109,945,000
Closing inventory= RM 1,715,710,000

Option1: Assume the so call purchases are the crude oil purchase then the true gross profit is
RM 3,060784,000 - (1,109,945,000 +2,887,054,000 – 1,715, 710,000) = 779,495,000.

Option 2: Assume the purchases of RM2, 887,054,000 is cost of goods sold
Then the actual Crude oil purchase
RM 2,887,054,000= 1,109,945,000+ purchase- 1,715,710,000.
Purchase= 2,887,054,000-1,109,945,000+1,715,710,000= 3,492,819,000.
It can only mean they are buying a lot of crude oil or buying at very expensive price?
Anyone can check what is the price of crude oil for Jan to March? If they are buying a lot of crude oil that mean next quarter will be super good profit?
Any comment from Accountant?

Thank you

Posted by hollandking > 2018-05-23 08:48 | Report Abuse

congrats tech spec, won the contest

Posted by Totalpackage > 2018-05-23 08:52 | Report Abuse

If proper EPS is small, it also meant that they are efficient in managing their cost. How sure if their coming 700mn upgrade can generate effective cost-income, on top of complying to the regulatory standards?

Posted by goldenluck16 > 2018-05-23 08:56 | Report Abuse

Hengyuan went to Holland long ago.

Posted by Sslee > 2018-05-23 08:58 | Report Abuse

Dear all,
Send this WhatsApp the Mr. Surya yesterday.
By the way I had received many financial analysts who keep a close watch on crack spread daily. The consensus is ‘Crack Spread” should be more than USD 8+ per barrels. Please prepare for a hotly debate on this crack spread.
I hope the board can be truthful to us as the crack spread is public information.
Note: Because of worrying Q1 result, today Hengyuan share drop more than RM 1.00

I hope to see many i3 Sifu at the AGM tomorrow.
Thank you

Posted by titus > 2018-05-23 09:01 | Report Abuse

Game time.....opening green oh.....looks like ada chance to rebound.....

Posted by Alex™ > 2018-05-23 09:03 | Report Abuse

HUAT ARRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR

Posted by WD40 > 2018-05-23 09:10 | Report Abuse

Beware of false hope!

Posted by Alex™ > 2018-05-23 09:11 | Report Abuse

OH NO WHY DROPPPPPPPPPPPPPPPPPP

Posted by Alex™ > 2018-05-23 09:11 | Report Abuse

TIPU

Posted by Henly > 2018-05-23 09:22 | Report Abuse

lau sai stop and going side way

Posted by Alex™ > 2018-05-23 09:30 | Report Abuse

sian...coma again...like that how to play?

Posted by Alex™ > 2018-05-23 09:30 | Report Abuse

volume very low today! fun manager forgot punch card today isit?

Posted by Henly > 2018-05-23 09:45 | Report Abuse

now not for daily trade la , for long term investors only

Posted by JokerT > 2018-05-23 09:47 | Report Abuse

today UP

Posted by JokerT > 2018-05-23 09:48 | Report Abuse

rebound time

Posted by Henly > 2018-05-23 09:50 | Report Abuse

It is obvious big legs are accumulating yesterday

Posted by Letgohrc > 2018-05-23 09:55 | Report Abuse

When others are fearful..be greedy

Posted by joekit > 2018-05-23 10:03 | Report Abuse

i think they wanna give bonus share lar...

Posted by joekit > 2018-05-23 10:03 | Report Abuse

or special dividend

Posted by GoodBoy > 2018-05-23 10:38 | Report Abuse

All hell breaks loose ... short term pain ... protect capital ...

Posted by Sinopsis > 2018-05-23 10:43 | Report Abuse

Aiyoyo.cm what happen?kikiki

Posted by TheLegend27 > 2018-05-23 10:54 | Report Abuse

hy 1 of the secure share today

Posted by moneypedia > 2018-05-23 11:03 | Report Abuse

6,5,4,3 coming kaaa aiyoo kikiki

Posted by joekit > 2018-05-23 11:06 | Report Abuse

aunty dragon calm down ok? hope is harapan..must have hope ma...haha

Posted by thiagarajan81 > 2018-05-23 11:35 | Report Abuse

what will be price target if HY declare 43 sen dividend? just curious...

Posted by Lukesharewalker > 2018-05-23 11:38 | Report Abuse

up 43 cent lah

Posted by Lukesharewalker > 2018-05-23 11:52 | Report Abuse

transparency comes with a cost. market factoring 1 trillion debt.malaysia could hit recession. gdp figures might also be fake

Posted by Goodgoing888 > 2018-05-23 11:55 | Report Abuse

Why CM so powerful?

Posted by TheLegend27 > 2018-05-23 11:56 | Report Abuse

make so little profit still wanna declare so much dividend meh? probably lot will dump this share if declare 43 cents

Posted by GoodBoy > 2018-05-23 12:03 | Report Abuse

Afternoon could drop below 7.0 ...

Posted by Lukesharewalker > 2018-05-23 12:11 | Report Abuse

only holding it up is the proposed dividends. strong support at 7.0

Posted by Goodgoing888 > 2018-05-23 12:17 | Report Abuse

Can someone answer me, why CM so powerful? I can't understand. But call warrant can't buy, always press down price near expired.toilet paper

Posted by Lala Chew > 2018-05-23 12:18 | Report Abuse

EPS 238 cents declare 43 cents, any problem?

Posted by jebat > 2018-05-23 13:05 | Report Abuse

cm so powerful.......hahaha......

Posted by mneo > 2018-05-23 13:17 | Report Abuse

yes. the gross profit margin is too low considering the crack spread for 1st quarter 2018 which is still good. It is also inconsistent if compared to Q1 and Q2 2017.

Sslee posted > 23/05/2018 08:58
Sslee Dear all,
Send this WhatsApp the Mr. Surya yesterday.
By the way I had received many financial analysts who keep a close watch on crack spread daily. The consensus is ‘Crack Spread” should be more than USD 8+ per barrels. Please prepare for a hotly debate on this crack spread.
I hope the board can be truthful to us as the crack spread is public information.
Note: Because of worrying Q1 result, today Hengyuan share drop more than RM 1.00

I hope to see many i3 Sifu at the AGM tomorrow.
Thank you

Posted by TheContrarian > 2018-05-23 13:40 | Report Abuse

Latest QR real EPS only 1 sen how to declare 43 sen dividend?

Posted by apple168 > 2018-05-23 13:42 | Report Abuse

I cut 90% HengYuan shares and keep 10% share to attend the AGM.. See you there SSLee and the rest of the shareholders tomorrow

Posted by titus > 2018-05-23 13:52 | Report Abuse

still can stay above rm7...consider very good a'dy

Posted by Lala Chew > 2018-05-23 13:53 | Report Abuse

@thecontrarian, how do you get 1 sen? why not 28.94 cents for latest QR

Posted by GoodBoy > 2018-05-23 15:04 | Report Abuse

Government will review/delay or cancel some infrastructure n construction project ... Oil n gas demand will drop ...

Posted by titus > 2018-05-23 15:08 | Report Abuse

is tomolo agm? Hmmm....mayb on friday there is another round of sell down if shareholder not happi with HY explanation. I wonder godfather will be there o not since his holding is in million.My friend say he will be attending the agm tomolo.....i told him better go coz mayb HY give u shell petrol card to pump for free. To recover ur loses in this share. He said that loses can pump for his entire life......will HY give??.....lol

Posted by joekit > 2018-05-23 15:24 | Report Abuse

shell petrol card! goodteneh.... where is aunty dragon? she wanna tapau agm food. aunty dragon remember to bring ur two big tupperware ah....kakakakaka

Posted by 3iii > 2018-05-23 15:27 | Report Abuse

Only a few in this forum are holding Hengyuan today.

Most have moved on.

As for dividends, looking at its balance sheet, it doesn't look promising.

Those demanding for dividend for this year, can only hope.

Are they realistic?

Posted by titus > 2018-05-23 15:28 | Report Abuse

tapau agm food ah?....wht they prepare? roast lamb? I think there is already many lamb got roasted le.

HY not bad ah.....the support at rm7 so strong. die die also dun 1 break 7......mayb is really lucky 7. can buy now at this support level. After tomolo agm.....it fly.....

Posted by titus > 2018-05-23 15:32 | Report Abuse

huh?....most have moved....no wonder so quiet.
Which thread is more happening now?
mana itu dragooon......

Posted by joekit > 2018-05-23 15:35 | Report Abuse

Auntey dragon washing her big tupperware...

Posted by joekit > 2018-05-23 15:36 | Report Abuse

eh...titus...i sending 2 proxy...can get 2 set petrol card mou?