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 23 hours ago

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-04 22:55 |

Post removed.Why?

Posted by FreshMango > 2022-09-04 23:02 | Report Abuse

Pro:
> Russia oil sanction this next next month
> Iran deal will not get pass the Israel master in US

Con:
> Global recession lead by EU and US
> You die i die everybody die. collapse everywhere.

investor77

794 posts

Posted by investor77 > 2022-09-04 23:58 | Report Abuse

Still believe HYuan has great potential after explanation by SsLee and Probability of Derivative or Hedging losses. Coming Q3/22 results will be also good as 18 mil barrels hedged at USD 12. Despite the very excellent results, there are people trying to push prices down so as to collect it cheap and instill fear to retailers who dont understand how Hedging works. After accumulating enough shares, these syndicates will push prices up to gain profit.

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-05 06:16 |

Post removed.Why?

Sslee

5,591 posts

Posted by Sslee > 2022-09-05 06:28 | Report Abuse

My TP is always a fair value of PE 10X.

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-05 06:57 |

Post removed.Why?

Sslee

5,591 posts

Posted by Sslee > 2022-09-05 07:09 | Report Abuse

A CYC is always a CYC.
A PE 10 mean my TP is full year EPS x 10.

Now go and do your math.

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-05 07:11 |

Post removed.Why?

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-05 07:13 |

Post removed.Why?

Johnzhang

3,068 posts

Posted by Johnzhang > 2022-09-05 07:14 | Report Abuse

The malicious attackers just spamming and barking on the cashflow hedge fair value loss and cost of hedging reserve amounting to ($1,079,600k) for Q2. These items are in fact Balance sheet items , not loss per se . They are termed as comprehensive (expense )or income , not as loss. ( pls read the P&L carefully).
The abovesaid amount exactly reflects the differences between 30.6.22 and 31.3.22 for Cashflow hedge reserves, cost of hedging reserve and exchange translation reserve appear in the balance sheet (BS)

Per BS. 30.6.22 ($1,459,160k ) ( ie 543,706k + 786,566k+ 128,888k)
Per BS 31.3.22 ($379,560k) (ie $299,007 k -48,335k+128888k)
The change between the qtrs is ($1,079,600k)
The impact on P&L from eventual reclassification of this BS items is not direct . There are many other elements. Don’t be confused that these are sure losses in the future . Accounting for derivatives is not a layman like you and me can fully comprehend.

Johnzhang

3,068 posts

Posted by Johnzhang > 2022-09-05 07:20 | Report Abuse

Since June 2022, a group of Agents coordinated malicious attacks on HY with ulterior motives . The Agents have been spamming days and nights with all sorts of disinformation, half baked stories and baseless assumptions , effectively driving good stock to far lower that its fair value.

The Agents are capitalizing on the fragile market sentiment and serious lack of market liquidity to drive away whatever little buying interest and at tge same time caused fearful and weaker retailers to dump their shares at huge discounts. The modus operandi of the agents is very obvious. If you careful study the trade pattern and observe the activity within the day you shall see the trade manipulation

Are these Agents angels to safeguard you interest ? Think carefully, They are instead preying on unsuspecting retailers.

The Agents and the people behind them are now collecting cheap shares from unwary retailers .

Posted by profit profits > 2022-09-05 07:26 | Report Abuse

@johnzhang, the agents you mean are recruited by investment banks and they are in charge on the p&l of warrants issued by ib.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-05 08:01 | Report Abuse

Haiyoh 7zha 8zha can smell ada fire powder smell at here leh. Mau judi saham must accept harga naik or turun. Dont need to bother siapa jerit lebih kuat. At the end juga mau menang judi more than lose judi juga. Orang kata judi dont against the trend. All the best to all the hardcore shareholders. No need to bother other cakap apa if you are hardcore shareholders unless you also goyang goyang as a hardcore shareholders juga. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-05 08:03 | Report Abuse

Ular not sifu leh. Dont keep calling macam ular is a sifu leh. Ular very suey one leh. Many cakap leh. Pasti red cannot green one leh. Ular pun takda mau judi cinaman ctr in bursa one leh. Sudah cakap leh. Siapa mau judi sendiri answer sendiri punya judi leh. Haiyoh. Correct?

Income

I hope this year I can upgrade my class to golongan M40. Of course with my Sifu Ular guidance, I can do it. To upgrade myself to M40 class is my Goal for 2022.

5 minutes ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-05 08:06 | Report Abuse

Sifu sifu at here very scare TP bocor to the shark leh. Thats why keep the TP dalam hati leh. Judi sampai so secretive pun takda orang tau sifu sifu mau beli saham or jual saham at the end leh. Haiyoh. Correct?


Income

Good morning Sifu dan Cikgu semua. Arini cuaca mendung. Mungkin hujan sebelah petang nanti. Harap kita semua dapat menang di HY. Why Sifu Sifu ada yang tak berani taruh TP HY meja judi yang Ular buka semalam??? Don’t be like that Sifu. Type your TP for HY.

15 minutes ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-05 08:08 | Report Abuse

Real sifu dare to put TP bila beli bila mau jual leh. You look at YAB pun very steady pun pi pi. Mana ada so secretive like many sifu sifu leh. Sorak sorak jerit jerit at the end pun never follow TP one leh. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-05 08:12 | Report Abuse

Be careful banker is a must leh. Those selalu judi cw one dont think banker is santa claus leh. Judi cw also need to see saham hot hot baru tikam and run leh. Not for you to tikam n hold one leh. All the best siapa yang suka judi cw leh. No need IB macai pun they also surewin leh. Haiyoh. Correct?


profit profits

@johnzhang, the agents you mean are recruited by investment banks and they are in charge on the p&l of warrants issued by ib.

42 minutes ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-05 08:13 | Report Abuse

Ya lor. Correct?

ncome

Never, ever argue with your trading system.

32 minutes ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-05 08:15 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-05 08:20 | Report Abuse

PE is very very subjective one leh. Some use forward PE by agak agak the coming earning and you add the eps you preferred. Some use prevailing 4qtrs to see current PE. You dunno market agree with your PE or not leh. Then you wait dont sell if cannot hit the PE kah. If you really dont sell then you are hardcore shareholder liao leh. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-05 08:22 | Report Abuse

Ular pun takda TP mah. Ular OKU lah. Only know pluck from the sky when forced to TP leh. Sifu sifu all very panlai kira sure ada TP lah. Only scare takda hit TP they also paiseh lah. Haiyoh. Correct?


Sifu Sifu here ada banyak kira sini kira sana tapi tak berani type your HY TP. I doubt their calculations lah. Why pandai calculate hedging tapi takut letak TP. Takut nanti people see your wrong TP calculations.
Don’t be like that Sifu.
Lesen punya IB analysts pun tak malu walaupun Tp dia salah.

Johnzhang

3,068 posts

Posted by Johnzhang > 2022-09-05 08:25 | Report Abuse

Ya lor. The trading system is cornered by people behind the malicious attackers mah !
Securities Commission will soon step in to check the suspicious trades and the group of people behind the trades.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-05 08:27 | Report Abuse

Really like that kah. Trading system using AI leh. You outdated liao leh. Still use forum lagi so outdated kah. Haiyoh. Correct?

Johnzhang

Ya lor. The trading system is cornered by people behind the malicious attackers mah !
Securities Commission will soon step in to check the suspicious trades and the group of people behind the trades.

20 seconds ago

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-05 08:29 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-05 08:29 | Report Abuse

Got lah. Sifu holding tiger bank n ah piao bank forever lah. Maybe will pass down to his next generation lah. Haiyoh. Correct?

Income

hardcore shareholder like Buffalo also from time to time also selling his stock… like just recently Buffalo sold his BYD shares and cause BYD shares to sink into deeper Red.
Hardcore shareholder also need to sell at last.
Don’t tell me you want to hold stock until you want to surrender your IC?

1 minute ago

Apple2353

1,813 posts

Posted by Apple2353 > 2022-09-05 08:29 | Report Abuse

Income - for that matter, all so called 'SIFUs' recommended Tp for any counters are plucked from the sky lah. nobody knows how high or how low a counter can go. semua SIN KA

tehka

1,928 posts

Posted by tehka > 2022-09-05 08:31 | Report Abuse

Ini hari ada Ong kah?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-05 08:34 | Report Abuse

Ong or not pun need sengsim pai TiGong popi popi after you tikam leh. At least not that scare ada TiGong popi popi leh. Haiyoh. Correct?


tehka

Ini hari ada Ong kah?

1 minute ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-05 08:36 | Report Abuse

Sifu sifu can TP not wrong but sifu sifu has the right to change TP when see something not right. So you must keep asking sifu sifu regularly else you missed the sifu new TP. Haiyoh. Correct?

Apple2353

Income - for that matter, all so called 'SIFUs' recommended Tp for any counters are plucked from the sky lah. nobody knows how high or how low a counter can go. semua SIN KA

4 minutes ago

Jerichomy

4,346 posts

Posted by Jerichomy > 2022-09-05 08:40 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-05 08:42 | Report Abuse

For sure no sifu want to TP that will cause their student to lose money. No sifu also dare to garanti sure will hit the TP juga. So sifu sifu will always put a very fine print at the end. Mau beli mau jual sendiri make own decision. Sifu pun takda paksa paksa students to follow. So cannot kutuk sifu sifu also leh. Haiyoh. Correct?

Jerichomy

4,346 posts

Posted by Jerichomy > 2022-09-05 08:49 |

Post removed.Why?

Sslee

5,591 posts

Posted by Sslee > 2022-09-05 09:18 | Report Abuse

H1 2022, RM 982,535,000 profit before tax
H2 2022, another RM 982,535,000 profit before tax.

Now work out the full year profit after tax and full year EPS.

My TP is 10 X full year EPS

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-09-05 09:19 | Report Abuse




Sia Lang


tehka

1,928 posts

Posted by tehka > 2022-09-05 09:22 | Report Abuse

Careful ah. This ular ask for TP must be got agenda one. Correct?

tehka

1,928 posts

Posted by tehka > 2022-09-05 09:24 | Report Abuse

Wow wowow sslee.. omgomg.. means EPS H2 almost equal as H1 loh.. PE 10..wow brain is blown..dare not imagine.

tehka

1,928 posts

Posted by tehka > 2022-09-05 09:36 | Report Abuse

Haiyoh Income, nama also is Ular, so how heart like baby. Kikiki. Correct?

Sslee

5,591 posts

Posted by Sslee > 2022-09-05 09:38 | Report Abuse

If you don't like my PE 10 your are free to choose PE of 0 to 10 and to infinity.

Apple2353

1,813 posts

Posted by Apple2353 > 2022-09-05 09:44 | Report Abuse

Hello SIFU.. Don't misled newbies with 'plucked from the SKY' Tp lah..

tehka

1,928 posts

Posted by tehka > 2022-09-05 09:46 | Report Abuse

Dear Income, sindiket everyday also ganas mah! Correct?

Ahahah

453 posts

Posted by Ahahah > 2022-09-05 09:51 | Report Abuse

We can’t do anything but waiting for syndicate to decide to move north or south.

Posted by ValueInvestor888 > 2022-09-05 09:53 | Report Abuse

some are waiting to buy at RM 4, and hoping to goreng to RM 6... Will history repeat?

Sslee

5,591 posts

Posted by Sslee > 2022-09-05 09:57 | Report Abuse

qqq3,
Read my previous post:
Posted by Sslee > Sep 5, 2022 9:18 AM | Report Abuse X

H1 2022, RM 982,535,000 profit before tax
H2 2022, another RM 982,535,000 profit before tax.

Now work out the full year profit after tax and full year EPS.

My TP is 10 X full year EPS

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-05 10:01 |

Post removed.Why?

vinc3362

244 posts

Posted by vinc3362 > 2022-09-05 10:02 | Report Abuse

Ahahah

We can’t do anything but waiting for syndicate to decide to move north or south.
___________________________________________________________________________
Just be patient.
Southern direction is just to clear pure chartist positions and scare retailers into selling.
North is the true direction.

That's why most retailers loose money, even when they have a good set of cards on hands.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-05 10:03 | Report Abuse

Look at Shell last time gave high divvy can up to 90sen and HY only can afford the max 10sen so far. Lagi from borrowing one somemore. If got 100mil profit kira very good already. Haiyoh. Correct?


qqq3333

I think this company happy they can make $ 100million a year.

4 minutes ago

vinc3362

244 posts

Posted by vinc3362 > 2022-09-05 10:05 | Report Abuse

Ever heard of the common phrase among stock investors ........." The price went up after I sold" .................................................

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-05 10:05 | Report Abuse

Sound very confident. Good. Haiyoh. Correct?

vinc3362

Ahahah

We can’t do anything but waiting for syndicate to decide to move north or south.
___________________________________________________________________________
Just be patient.
Southern direction is just to clear pure chartist positions and scare retailers into selling.
North is the true direction.

That's why most retailers loose money, even when they have a good set of cards on hands.

1 minute ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-05 10:06 | Report Abuse

Yes. True also. If you dont sell how can the price go up Haiyoh. Correct?


vinc3362

Ever heard of the common phrase among stock investors ........." The price went up after I sold" .................................................

10 seconds ago

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