Posted by ngjack1991 > 2022-06-03 08:21 | Report Abuse

Action speak louder than word. If you are so confident then just keep quiet and collecting. Not go other counter and promote......... Over doing it just show you are in fact not confident enough.....

Posted by ljmeng > 2022-06-03 08:26 | Report Abuse

Maikia la....hengyuan will hengheng la....Easy to cross rm10 above...Buy n diamdiam jiuho ma.....If front Kia wolf, back Kia tiger, middle Kia mouse....Then put ur money in milo tin lo......

Posted by subwayzzz > 2022-06-03 08:29 | Report Abuse

Petron got good governance is doubtful. The only sweet spot is the dividend.
HY got higher potential but chinaman doesn’t like its profit being shared.

Posted by nicholas99 > 2022-06-03 08:30 | Report Abuse

Jerichomy no need work? So free. Of you full time trader. Haha

Posted by nicholas99 > 2022-06-03 08:31 | Report Abuse

Don't like share profit then privatize please. Don't listed in bursa. Get outta malaysia.

Posted by nicholas99 > 2022-06-03 08:32 | Report Abuse

Let's boycott shell

Posted by investor2021trading > 2022-06-03 08:35 | Report Abuse

nope! shell n esso r bros like China n Russia!

Posted by Eden__lee > 2022-06-03 08:41 | 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?

Posted by stockraider > 2022-06-03 08:45 | Report Abuse

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

Posted by stockraider > 2022-06-03 08:47 | Report Abuse

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

Posted by brian3381 > 2022-06-03 08:48 | 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!!!!

Posted by investor2021trading > 2022-06-03 08:50 | Report Abuse

hope Petronm will adopt PetDag's policy of paying 4 to 5 times dividends!

Posted by hengpetron > 2022-06-03 08:53 | Report Abuse

Today hy will limit up
Bravo. Good job done

Posted by stockraider > 2022-06-03 08:55 | Report Abuse

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!!!!

Posted by CharlesT > 2022-06-03 08:55 | Report Abuse

Paying 4 to 5 cents may be more possible...despite making RM1 or RM2 or RM3 EPS

Posted by stockraider > 2022-06-03 09:00 | Report Abuse

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

Go for Petron the answer loh!

Posted by subwayzzz > 2022-06-03 09:03 | Report Abuse

u compensate the premium between HY-Petron spread then i switch to petron loh!

Posted by nicholas99 > 2022-06-03 09:05 | Report Abuse

Macam genting.terus bagi duit genting Las Vegas.

Posted by subwayzzz > 2022-06-03 09:06 | Report Abuse

ya loh!

lu tau boh!

Posted by brian3381 > 2022-06-03 09:08 | Report Abuse

c, hy red oredi.... just swich to petron ma~!!!!!!

Posted by subwayzzz > 2022-06-03 09:10 | Report Abuse

ya loh!

wa tak tau boh!

Posted by hng33 > 2022-06-03 09:12 | Report Abuse

Time to buyback as kyy and otb have granted no to post new articles to promote hengyuan.

Time to buy now

Posted by Sslee > 2022-06-03 09:12 | Report Abuse

Hengyuan and Petronm Q2 gross profit will be explosive and if management manage the derivatives well then Hengyuan' NPAT will be higher than Petronm due to Hengyuan bigger capacity refinery.

Posted by subwayzzz > 2022-06-03 09:14 | Report Abuse

looking at the way HY reporting its financial statements, this chinaman never liked profit being shared with local investors

Posted by hengpetron > 2022-06-03 09:18 | Report Abuse

Qtr2 hengyuan is go to be explosives
Hy price is lagging

Posted by gladiator > 2022-06-03 09:22 | Report Abuse

See after both otb & kyy promoting hy all rush to buy petron.

Posted by hengpetron > 2022-06-03 09:25 | Report Abuse

Hy price now 6.37 and petronm i over 7
A good buy at cheaper price. 7soon we reach

Posted by williamtkb > 2022-06-03 09:25 | Report Abuse

The day still long. Waiting above rm6.70

Posted by hengpetron > 2022-06-03 09:26 | Report Abuse

Good opportunity to accumulate

Posted by hengpetron > 2022-06-03 09:27 | Report Abuse

Now is golden opportunity

Posted by ngjack1991 > 2022-06-03 09:27 | Report Abuse

Lol who know they did it purposely to promote other counter. Shortly after article published then out of sudden so many promoter pop out promoting the other counter. Coincidentally or pre planned? Only those active promoter that pop out suddenly will know the truth

Posted by Sslee > 2022-06-03 09:28 | Report Abuse

HY's NPAT :
Q12022 - RM 47.5 mil,
2021 - RM83 mil ,
2020 - RM251 mil
Avg crack spread :
Q12022 - about USd14 ,
2021 -about USD8.3 ,
2020 -aboutUSD1.70

In 2020 when crack spread about USD 1.70 Hengyuan make RM 251 million due to derivatives gain but when Q1 2022 hengyuan only make RM 47.5 million due to derivatives loss and inventories written down you are quick to make unfair judgement.

Can't you withhold your judgement till q2 result when high Crack spread will surely result in an explosive gross profit. You can then judge them on how they manage their derivatives on result of NPAT.

Posted by subwayzzz > 2022-06-03 09:29 | Report Abuse

in malaysia, phd doesn't give you a good pay. being a liar does

Posted by aleroe > 2022-06-03 09:31 | Report Abuse

Gap between Petron and HY getting wider — almost RM 1.00

Posted by hengpetron > 2022-06-03 09:35 | Report Abuse

Good as only eagle eyes will spot a golden opportunity

Posted by hengpetron > 2022-06-03 09:37 | Report Abuse

Rising tides lift all boat

Posted by Rabbit2 > 2022-06-03 09:49 | Report Abuse

Do note that the duration for those derivatives that hrc entered since last year end are up to 3 years with crack spread of usd8-12 whereas Petron is less than 1 year. think that makes the difference between them due to different hedging strategy applied.

Posted by ljmeng > 2022-06-03 09:54 | Report Abuse

Soon will fly .... Hengyuan hengheng

Posted by DJThong > 2022-06-03 09:54 | Report Abuse

Most of you miss
The E4M quietly deferred again in addition to the hedging losses
Old Wang is losing it

Posted by Johnzhang > 2022-06-03 09:56 | Report Abuse

The main hedging loss in Q1 2022 is in Refining Margin Swap Contracts which is tied to rising crack spread from about USD11 early Jan 2022 to about USD15 as at 31/3/2022. (pls refer to note A18 in QR for the breakdown of the various types of hedges and their respective position)
As at today, crack spread has surged passed USd32 . If it continue to stay high or go higher , I suppose Refining Margion swap contracts will suffer huge hedging losses that will offset the operating margin like we see in Q1. Can any financial accountant comment ?

Posted by cactus81 > 2022-06-03 10:06 | Report Abuse

For Q1:
The 1Q 2022 performance was mainly contributed by improved crack for Mogas, Gasoil and Jet Oil fuel,
coupled with increase in sales volume as compared to the corresponding period in 1Q 2021.

Posted by brian3381 > 2022-06-03 10:06 | Report Abuse

. just swich to petron ma~!!!!!!

Posted by Rabbit2 > 2022-06-03 10:07 | Report Abuse

Yes. what we know is the duration of the derivatives. How much % of locked in/hedged over total output is not being disclosed. just hope it's not extensive, else hrc will not fully enjoy the crack spread spike.

Posted by brian3381 > 2022-06-03 10:07 | Report Abuse

c, i told u!!!! y so ignorant leh?

Posted by brian3381 > 2022-06-03 10:07 |

Post removed.Why?

Posted by subwayzzz > 2022-06-03 10:09 | Report Abuse

oii brian
u don't horse behind cannon. tell me which stock will rise next

Posted by hengpetron > 2022-06-03 10:10 | Report Abuse

BIG CANNON

Posted by brian3381 > 2022-06-03 10:10 | Report Abuse

coastal ma

Posted by brian3381 > 2022-06-03 10:10 | Report Abuse

i just sapu 1.83 just now!!!

Posted by value_seeker > 2022-06-03 10:11 | Report Abuse

Which one? Help us to be millionaires. Got counter can go up 1000X?