Posted by Johnzhang > 2022-09-04 15:20 | Report Abuse

Let me ask the malicious attackers. what’s the point of crying over split milk ?
Move on with your life and stop crying!
———————————


All the malicious attackers on HY must have bought HY at $17 in Jan 2018 and cut massive losses at $4-5. It’s been so painful for so long that it can not be forgotten and forgiven. But that’s not HY’s fault ,but their own fault. Why attack HY as a company?
So buying at $4-5 now is very safe , especially HY makes historical level of earnings for FY2022 that no other listed companies has ever achieved on PEx basis.

Posted by Mikecyc > 2022-09-04 15:21 |

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Posted by UlarSawa > 2022-09-04 15:22 |

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Posted by UlarSawa > 2022-09-04 15:23 |

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Posted by Mikecyc > 2022-09-04 15:24 |

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Posted by UlarSawa > 2022-09-04 15:26 |

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Posted by Mikecyc > 2022-09-04 15:27 |

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Posted by UlarSawa > 2022-09-04 15:27 |

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Posted by UlarSawa > 2022-09-04 15:29 |

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Posted by Johnzhang > 2022-09-04 15:29 | Report Abuse

Don’t interpret the account of HY to the way it suits you lah！ Your knowledge on hedging is very shallow and layman type .
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Posted by stockraider > 10 minutes ago | Report Abuse

Look at the fact & figures mah!

All back up mah!
Nothing malicious mah!
Why General Raider says Sifu Sslee analysis on Hengyuan is dangerous flawed ?

1. Looking at the balance sheet HRC hedging losses as at 30-6-2022 amounted to rm Rm 1,329M of this sum of losses Rm 1189m or 90% are contributed by just 6 mths of operation result for the latest 30-6-2022 Financial result loh!

2. HRC derivative outstanding liabilities todate is Rm 1,781M whereas is derivative assets is Rm 261m, meaning net derivative negative exposure is Rm 1,520M.....meaning the counter party should be able received payment of Rm 1,520M from Hengyuan, it is just like your share margin losses loh!

Posted by Mikecyc > 2022-09-04 15:30 |

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Posted by UlarSawa > 2022-09-04 15:31 |

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Posted by UlarSawa > 2022-09-04 15:32 | Report Abuse

Later Ular ask sifu what TP dulu then post lah. Ular OKU lah. Mana tau TP leh. Haiyoh. Correct?

Income

Ular, why Sifu Sifu here DONT DARE TO WRITE HY TP?


Talk so much. At last people only waiting for TP see whose TP is correct or not.

3 seconds ago

Posted by Mikecyc > 2022-09-04 15:32 |

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Posted by tehka > 2022-09-04 15:33 | Report Abuse

No way anyone will tell you their TP ular, IBs and sindikets very interested in all our TPs.

Posted by eagerinvestor > 2022-09-04 15:34 | Report Abuse

how is this true leh? how did the war save the tycoon?

True loh!
Chinese Nickel billionaire nearly bankrupt betting on nickel future loh!

Lucky russian -ukraine war save him from the brink

Posted by UlarSawa > 17 seconds ago | Report Abuse

Takda baca news article many China companies also hedging on commodity lah. Not only HY leh. Where got hedging surewin one leh. If thats the case no need so hard run the refinery terus hedge enuf lah. Haiyoh.
Correct?

eagerinvestor

hy profit or loss is based on margin not derivatives. so yes it can make money when head win tail also win when got margin.

Posted by Johnzhang > 2022-09-04 15:35 | Report Abuse

Pasal dia orang rasa dendam simpan hati bertahun tahun , sekarang baru lepas mah…..
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Posted by UlarSawa > 12 minutes ago | Report Abuse

No point talked past tense when you judi at present lah. Haiyoh. Correct?

Posted by MoneyMakers > 2022-09-04 15:35 |

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Posted by MoneyMakers > 2022-09-04 15:35 | Report Abuse

Only probability/sslee think HY hedging always perfect/profitable

Dunno they blind or what - never see HY soo many prev QR got losses

Posted by UlarSawa > 2022-09-04 15:36 |

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Posted by UlarSawa > 2022-09-04 15:37 | Report Abuse

Not true lah. Raider takda loss in 2018 lah. He repented jadi super promoter promote blindly mah. Haiyoh. Correct?

Johnzhang


Pasal dia orang rasa dendam simpan hati bertahun tahun , sekarang baru lepas mah…..
——-
Posted by UlarSawa > 12 minutes ago | Report Abuse

No point talked past tense when you judi at present lah. Haiyoh. Correct?

51 seconds ago

Posted by tehka > 2022-09-04 15:40 | Report Abuse

Haiyah Income, it is true fact mah! You see Uncle Koon always buka his poker cards, everyone see and take the opposite trade. Better is keep your own judi card to yourself loh. Kikiko. Correct?

Posted by UlarSawa > 2022-09-04 15:41 | Report Abuse

Uncle Koon is StockGod leh. All at here one pun not that level mah. How to compare with UncleKoon lah. Haiyoh. Correct?


tehka

Haiyah Income, it is true fact mah! You see Uncle Koon always buka his poker cards, everyone see and take the opposite trade. Better is keep your own judi card to yourself loh. Kikiko. Correct?

11 seconds ago

Posted by information > 2022-09-04 15:44 | Report Abuse

thank you

Posted by probability > Sep 4, 2022 2:51 PM | Report Abuse

prove on the effects of hedging when crack spread drop below hedging level for balance hedged contract is here

Posted by Sslee > Sep 3, 2022 6:17 PM | Report Abuse

If you look into HRC quarterly report.
On 31/12/19. NAPS is RM 6.7045.
Q1 end 31/03/20 EPS negative 41.37 cents but NAPS is now RM 7.4418

Posted by Sslee > Sep 3, 2022 6:32 PM | Report Abuse

You can check what is the mogas92 crack spread on 31/03/2020.
www.tradingview.com/symbols/NYMEX-D1N1%21/

Posted by UlarSawa > 2022-09-04 15:45 | Report Abuse

You googles case study pun googles half only. Succesful hedged one. The other half you takda goggle kah. Failed one leh. Hedging is like Double edged sword leh. Haiyoh. Correct?

eagerinvestor

how is this true leh? how did the war save the tycoon?

Posted by i3lurker > 2022-09-04 15:46 |

Post removed.Why?

Posted by eagerinvestor > 2022-09-04 15:46 | Report Abuse

i didnt goggle ular i just ask u to give example till now elek

Posted by UlarSawa > 2022-09-04 15:47 | Report Abuse

Got hadiah. Ular will issue a certificate of Achievement to all the participants plus a Throphy to the winner with best tukang tilik on Hedging HY. Haiyoh. Correct?


Income

Ular, ada HADIAH FOR HY TP MOST ACCURATE WINNER KAH?

Can WE ALL SALUTE THE WINNER OF HY MOST ACCURATE TP AS THE I3 Hero or Master of 2022 Bursa HY TP???

2 minutes ago

Posted by UlarSawa > 2022-09-04 15:49 | Report Abuse

Continue goggles lah. Sure can find lah. Nowadays goggles anything also can find mah. Lagi mau Ular help you kah. Haiyoh. Correct?

eagerinvestor

i didnt goggle ular i just ask u to give example till now elek

1 minute ago

Posted by UlarSawa > 2022-09-04 15:50 | Report Abuse

So you TP rm6.00 until next QR kah. Ular update the judi table. Boleh?

i3lurker

just too many unknowns

at next QR will be above RM6.00 per share

[with qqq3333 screaming at it all the way up]

3 minutes ago

Posted by eagerinvestor > 2022-09-04 15:50 | Report Abuse

i think u are just like ur name ular pusing pusing empty talk betul ka hedging lead to bankrupt hor

Posted by UlarSawa > 2022-09-04 15:51 | Report Abuse

Ya lor. Correct?

Income

Yes. Betul MM.

If hedging doesn’t bring losses, then every company in Bursa please make hedging lah.

This simple common sense pun tak tahu kah?

Lu Tauhu Bo?

Posted by probability > 2022-09-04 15:52 | Report Abuse

yes, as long as there is a counter party to provide the hedging contract like found on futures for commodity
Posted by Income > 1 minute ago | Report Abuse

Yes. Betul MM.

If hedging doesn’t bring losses, then every company in Bursa please make hedging lah.

This simple common sense pun tak tahu kah?

Posted by UlarSawa > 2022-09-04 15:52 | Report Abuse

You ever see hedge fund banklap. You googles lah. Haiyoh. Correct?

eagerinvestor

i think u are just like ur name ular pusing pusing empty talk betul ka hedging lead to bankrupt hor

51 seconds ago

Posted by eagerinvestor > 2022-09-04 15:54 | Report Abuse

hedge fund got factory got goods? thats hedging ?u didn;'t baca meh go google la

Posted by i3lurker > 2022-09-04 15:54 | Report Abuse

sure please update

if strike cut off Dragon kukujiao
if dun strike cut off sslee kukujiao

this is called "hedging" lu tau boh?
buy nothing
sell nothing

both kukujiao is not mine

:)

Posted by UlarSawa > 2022-09-04 15:56 | Report Abuse

Hedging need factory kah. Haiyoh. Correct?

eagerinvestor

hedge fund got factory got goods? thats hedging ?u didn;'t baca meh go google la

9 seconds ago

Posted by UlarSawa > 2022-09-04 15:58 |

Post removed.Why?

Posted by UlarSawa > 2022-09-04 16:00 | Report Abuse

Pls remind ular when QR is out. Ular as a referee will honour it. Haiyoh. Correct?

Income

Ular, I record your promise here.
Takut nanti you delete and say never said that. Haha

Posted by probability > 2022-09-04 16:02 | Report Abuse

Just want to inform all readers,

For HY refinery its actually good if the gasoline margin stays low, as the lower it is the higher the Diesel & Jet fuel crack will go since refinery try to compensate their loss in gasoline with higher margins on other refined products.

Further, this will discourage simple refiners who produce mainly gasoline and fuel oil from increasing output and even shutting down their operation - reducing further diesel availability on the market.

HY which had hedged significant amount of gasoline (at about 20% of their sales volume - basically all their gasoline yield ) will be the greatest beneficiary among all regional refineries.

All the information are there, research carefully to gain an edge to make fantastic investment decision of a lifetime.
Good luck..

Posted by UlarSawa > 2022-09-04 16:11 | Report Abuse

Opinion is nothing leh. Share price more important lah. At the end menang judi is the most important thing of all lah. Haiyoh. Correct?


eagerinvestor

to any readers that wanna get stock info on hy from fellow members here. just ask them to explain hedging. If they can't even explain properly dun bother listen. their opinion isn't worth a penny. ok adios

2 minutes ago

Posted by eagerinvestor > 2022-09-04 16:11 | Report Abuse

okok u panlai

Posted by i3lurker > 2022-09-04 16:12 | Report Abuse

Hedging?
hedging is simple,
you just buy a plane ticket with AAX and you get nothing in return
then
you need to buy another plane ticket from MAS and you also get nothing in return

conclusion is => its better not to hedge

Posted by UlarSawa > 2022-09-04 16:13 | Report Abuse

Why ppl tulis apa tu hedging is double edged sword. Common sense mah. Lagi mau cerita panjang lebar for what lah. Haiyoh. Correct?

Posted by information > 2022-09-04 16:15 | Report Abuse

this is one sided hedging, where Capital A cannot hedge their ticket pricing along with fuel pricing

refinery hedge both refined products along with feed crude

thats how they can secure margin when its very thin

refinery has no business of one sided commodity hedging except for inventory to avoid volatility on earnings due to mark to market changes

Posted by Income > Sep 4, 2022 4:10 PM | Report Abuse

You cakap banyak and acting like sangat panlai.

I tell you lah. AirAsia or now is Capital A, almost always make aviation oil hedging and also lose millions lah. True case studies. Proven to you why hedging also can cause huge losses lah. Open your mind lah.

Posted by UlarSawa > 2022-09-04 16:15 |

Post removed.Why?

Posted by UlarSawa > 2022-09-04 16:17 | Report Abuse

Hedging apa sai pun ada risk lah. Just like tikam big or small lah. Haiyoh. Correct?


information

this is one sided hedging, where Capital A cannot hedge their ticket pricing along with fuel pricing

refinery hedge both refined products along with feed crude

thats how they can secure margin when its very thin

refinery has no business of one sided commodity hedging except for inventory to avoid volatility on earnings due to mark to market changes

Posted by information > 2022-09-04 16:17 | Report Abuse

open your mind and understand HY business lah!

Posted by Income > Sep 4, 2022 4:16 PM | Report Abuse

You cakap banyak and acting like sangat panlai.

I tell you lah. AirAsia or now is Capital A, almost always make aviation oil hedging and also lose millions because of huge losses in aviation oil hedging (is one of AIrAsia contributing factors for its huge losses) . True case studies. Proven to you why hedging also can cause huge losses lah. Open your mind lah.

Posted by UlarSawa > 2022-09-04 16:19 | Report Abuse

HY tikam big it open small. Then tikam small it open big. Lose more. It show HY really lousy main tikam tikam lah. Thats why loss over 1 bil lah. Haiyoh. Correct?

Posted by UlarSawa > 2022-09-04 16:24 | Report Abuse

Whatever lah. Hedging also lah. If good why loss so much lah. Why wait dont close position leh. Scare later closed even worst. Lost more lagi teruk. Just like you are holding paperloss scare to cutloss and holding it until the end cutloss at bigger loss also possible leh. Not prudent betting like this leh. Haiyoh. Correct?