HENGYUAN REFINING COMPANY BERHAD

KLSE (MYR): HENGYUAN (4324)

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Last Price

2.42

Today's Change

+0.03 (1.26%)

Day's Change

2.39 - 2.46

Trading Volume

638,700


33 people like this.

123,785 comment(s). Last comment by kebling98 1 day ago

MoneyMakers

7,496 posts

Posted by MoneyMakers > 2022-09-01 17:51 | Report Abuse

Inevitable HY collapse back to rm3 (historical fair value)

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-01 17:53 |

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heng420

12 posts

Posted by heng420 > 2022-09-01 17:53 | Report Abuse

Walao MM jibet gatai until cannot stop barking

Alrdy warn last time - do not mess with old virgin

anthonytkh

1,802 posts

Posted by anthonytkh > 2022-09-01 17:55 | Report Abuse

Imagine if there’s a “HuatYuan” petrol pump retail spinoff, hahaha

Can’t fight the market. Record profits. 300M shares. 10ct dividend. Fundamentals got worse qoqoqoq

Sigh…

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-01 17:57 |

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Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-01 18:08 |

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BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-01 18:09 |

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cK1973

1,837 posts

Posted by cK1973 > 2022-09-01 18:10 | Report Abuse

Good profits (QR2) + Dividend...
but price couldn't sustain.....
operators ohhh operators....
tak apa la...
turun boleh beli.... naik boleh jual ma...

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-01 18:11 |

Post removed.Why?

cK1973

1,837 posts

Posted by cK1973 > 2022-09-01 18:12 | Report Abuse

taufan belum mari lagi ma.....
esok boleh tau ma....
kikikiki.....

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-01 18:13 |

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Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-01 18:15 |

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Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-01 18:15 |

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cK1973

1,837 posts

Posted by cK1973 > 2022-09-01 18:21 | Report Abuse

u tulis english & bahasa aje....
halo, tu chinaman mana tau baca....
tulis cina ma...
nanti dia suda baca....dia kasi goreng mana...

Jerichomy

4,346 posts

Posted by Jerichomy > 2022-09-01 18:26 |

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cK1973

1,837 posts

Posted by cK1973 > 2022-09-01 18:27 | Report Abuse

5.24 / 2.38 = 2.2 ka...
apa macam punya pe ni.....
boleh ka???
saya layman ma...
tak tau accounting ma....

Jerichomy

4,346 posts

Posted by Jerichomy > 2022-09-01 18:37 | Report Abuse

Ya ka

cK1973
5.24 / 2.38 = 2.2 ka...
apa macam punya pe ni.....
boleh ka???
saya layman ma...
tak tau accounting ma....
9 minutes ago

Posted by Investing_Bursa > 2022-09-01 18:48 | Report Abuse

Bobby… Bobby . Jgn pusing pusing la. A kon is a kon….lol

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-01 18:53 |

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Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-01 18:57 |

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i3lurker

13,737 posts

Posted by i3lurker > 2022-09-01 19:00 | Report Abuse

I am a Hedge expert also.
I used to go jogging near Hedges around the Taman

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-01 19:01 |

Post removed.Why?

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-01 19:04 |

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BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-01 19:11 |

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i3lurker

13,737 posts

Posted by i3lurker > 2022-09-01 19:14 |

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BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-01 19:16 | Report Abuse

Michael-cut-yr-cok, should have called out last 2 weeks during the Ghost Festivals. I'm sure many Moms would love to haunt you wherever you go. Maybe that's why your feng shui is so low ya.......

Posted by Investing_Bursa > 2022-09-01 19:17 | Report Abuse

Hahaja kon bob getting pissed ar….lol. Wah dun la, we need a joker like you around

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-01 19:19 | Report Abuse

Another low bjob worker.....ignored.

Posted by Investing_Bursa > 2022-09-01 19:43 | Report Abuse

Lol, bob and his rod …. Got axed .kakakaka

Posted by King_trader_shadow > 2022-09-01 20:03 | Report Abuse

Hi Sslee,

Thanks for the reply on the hedgin Sslee. Hopefully, the losses on hedging can be break even by end of the year. Otherwise, they wouldn't pay that much of tax.

Well, i'm pretty confusing one thing. How do we check which are the jet fuel, diesel and gasoline used by HY.

I found there are alot of type.

Jetfuel --> AKS / ASD
Diesel --> AGX/ GOC / GZ
Gasoline --> D1N / SMU

Does HY only process 92 or both 92 and 95 gasoline? Appreciate your kind reply on this.

I couldn't find on the QR,.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-01 20:03 |

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BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-01 20:07 |

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BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-01 20:12 |

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BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-01 20:14 |

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BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-01 20:17 |

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BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-01 20:19 | Report Abuse

And now after the campfire kumbaya and the partying, all so quiet..........licking wounds?

Not until the fat lady sings.

Sslee

5,608 posts

Posted by Sslee > 2022-09-01 20:24 | Report Abuse

HRC will produce and sell their refined products according to each country buyers spec.
For Malaysia market:
The spec are:
RON100 EURO 4M
RON97 EURO 4M
RON 95 EURO 4M
DIESEL EURO 5

As of jetfuel: Jet A-1, kerosene or JP-1A), Jet fuel is used globally in the turbine engines commercial planes.

Sslee

5,608 posts

Posted by Sslee > 2022-09-01 20:26 | Report Abuse

AVGAS (Aviation gasoline ):
This aviation fuel is usually only used in the older piston engines of sports aircraft and small private aircraft that require leaded fuel with a high octane number , AVGAS is very volatile and extremely flammable, with a low flash point. Turbine fuel is a kerosene-type fuel with a much higher flash point so it is less flammable.

Sslee

5,608 posts

Posted by Sslee > 2022-09-01 20:36 | Report Abuse

MoneyMakers
Walao Mogas crack spread collapse until (-negative)

Hope by now you can understand why HRC doing the hedging?

In high refining margin period your realised physical refining margin is high but your profit before tax will be lower because of hedging derivative loss.

But when refining margin U turn (lower) your realised physical refining margin is low but your profit before tax will be higher because of hedging derivative gain.

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-01 20:42 |

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Sharewire

240 posts

Posted by Sharewire > 2022-09-01 20:43 | Report Abuse

Qtr3 people like qqq333 & mm will see hedging Gain for THE FIRST TIME IN THEIR LIFE!

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-01 20:45 |

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Sharewire

240 posts

Posted by Sharewire > 2022-09-01 20:45 | Report Abuse

Even go -30 ,heng and pat will enjoy bounty fruits

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-01 20:49 |

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Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-01 20:50 |

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Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-01 20:55 |

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Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-01 20:56 |

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Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-01 21:01 |

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Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-01 21:02 |

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Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-01 21:04 |

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