HENGYUAN REFINING COMPANY BERHAD

KLSE (MYR): HENGYUAN (4324)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

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 19 hours ago

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-06 21:17 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-06 21:17 |

Post removed.Why?

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-06 21:20 |

Post removed.Why?

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-06 21:30 |

Post removed.Why?

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-06 21:31 |

Post removed.Why?

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-06 21:37 |

Post removed.Why?

i3lurker

13,737 posts

Posted by i3lurker > 2022-09-06 21:37 | Report Abuse

serial pill popping is a big problem in todays youth.

Serial Pill Popping dissolves brain
and does a hedge swap between brain neurons with testicular tissues straddled by prostate waste matter
and you get sperm ramblings as can be clearly discerned above

Zhuge_Liang

2,384 posts

Posted by Zhuge_Liang > 2022-09-06 21:38 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-06 21:40 |

Post removed.Why?

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-06 21:41 |

Post removed.Why?

probability

14,463 posts

Posted by probability > 2022-09-06 21:44 | Report Abuse

what a perfect description by i3lurker of himself

Posted by i3lurker > Sep 6, 2022 9:37 PM | Report Abuse

serial pill popping is a big problem in todays youth.

Serial Pill Popping dissolves brain
and does a hedge swap between brain neurons with testicular tissues straddled by prostate waste matter
and you get sperm ramblings as can be clearly discerned above

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-06 21:48 |

Post removed.Why?

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-06 21:53 |

Post removed.Why?

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-06 21:55 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-06 21:56 | Report Abuse

Come on, M&M.....take my challenge......create a Swap lor....

Or are you the same as Natsuko the Japanese whore, just going around and spewing ridiculous TP?

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-06 21:56 |

Post removed.Why?

i3lurker

13,737 posts

Posted by i3lurker > 2022-09-06 21:57 | Report Abuse

Wow!!!

Finally I got a self confession that all these calculations are fake !!!

ah ha!!

thats how fraudsters usually behave

:)

SELL HRC !!!

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-06 22:02 |

Post removed.Why?

i3lurker

13,737 posts

Posted by i3lurker > 2022-09-06 22:04 | Report Abuse

Good nite

Finally I got my answer !!!

its a fraud case

adios !!!

i3lurker

13,737 posts

Posted by i3lurker > 2022-09-06 22:05 | Report Abuse

for records only

probability

what a perfect description by i3lurker of himself

Posted by i3lurker > Sep 6, 2022 9:37 PM | Report Abuse

serial pill popping is a big problem in todays youth.

Serial Pill Popping dissolves brain
and does a hedge swap between brain neurons with testicular tissues straddled by prostate waste matter
and you get sperm ramblings as can be clearly discerned above

20 minutes ago

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-06 22:07 | Report Abuse

So have I....
Posted by i3lurker > 1 minute ago | Report Abuse

Good nite

Finally I got my answer !!!

Rabbit2

77 posts

Posted by Rabbit2 > 2022-09-06 22:18 | Report Abuse

@sslee,
As I know, for interest rate swaps, there will be periodical settlement on fixed rate vs variable rate with reference to the notional amount, be it monthly or quarterly until it’s maturity.

For refining margin swaps, would it be the same? Or there will be 1 contract 1 settlement on the maturity?

In my mind, all swaps contract shall have this similarity but apparent I couldn’t get any write up here to confirm on this. If it is, the % hedged by HRC shall vary significantly. Appreciate your thought.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-06 22:19 | Report Abuse

MM can make it happen at rm3 ex divvy date. What is rm4. Sap sap water this friday will hit lah. MM promised sure will deliver it. You not caya kah. Haiyoh. Correct?


BobAxelrod

Price won't be seduced to RM4.00 by sweet M&M chocolates, neither would it fly off to space.....

Time is something that is entwined with this tango which you can ill afford.

1 hour ago

BoomBerg

812 posts

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

mm must be posting comments from tg rambut Tan menntall hooospita

BoomBerg

812 posts

Posted by BoomBerg > 2022-09-06 22:25 | Report Abuse

War in Middle East coming??

Rabbit2

77 posts

Posted by Rabbit2 > 2022-09-06 22:26 | Report Abuse

@sslee Anyway, for plain vanilla forex swaps, only 1 settlement per contract

BoomBerg

812 posts

Posted by BoomBerg > 2022-09-06 22:52 | Report Abuse

19 PM
X
BoomBerg mm must be posting comments from tg rambut Tan menntall hooospita

BoomBerg

812 posts

Posted by BoomBerg > 2022-09-06 23:11 |

Post removed.Why?

BoomBerg

812 posts

Posted by BoomBerg > 2022-09-06 23:13 | Report Abuse

1 m loss to us is chicken feed

BoomBerg

812 posts

Posted by BoomBerg > 2022-09-06 23:21 |

Post removed.Why?

BoomBerg

812 posts

Posted by BoomBerg > 2022-09-06 23:22 | Report Abuse

mm must be posting comments from tg rambut Tan menntall hooospita

BoomBerg

812 posts

Posted by BoomBerg > 2022-09-07 00:01 |

Post removed.Why?

BoomBerg

812 posts

Posted by BoomBerg > 2022-09-07 00:03 |

Post removed.Why?

BoomBerg

812 posts

Posted by BoomBerg > 2022-09-07 00:05 |

Post removed.Why?

BoomBerg

812 posts

Posted by BoomBerg > 2022-09-07 00:11 |

Post removed.Why?

Posted by niktraderinvestor > 2022-09-07 06:09 |

Post removed.Why?

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-07 06:51 |

Post removed.Why?

Ali123456

17 posts

Posted by Ali123456 > 2022-09-07 07:17 | Report Abuse

All below and more malicious postings by MoneyMakers have been reported to the Board of Directors of Hengyuan. I am sure the BOD will not take the insult lightly.
Deleted posts of MoneyMakers can be easily restored from the I3 computer server and he/she will be traced through the registered devices used in making the spams.
All Investors are encourage to report malicious cases to HY BOD.
------------------

Posted by MoneyMakers > 1 day ago | Report Abuse
If HY hedging expired in Q2, would’ve reported (-400Mil) loss
The ‘comprehensive loss’ (-400Mil) basically WARNING of HY hedging failure

Posted by MoneyMakers > 1 day ago | Report Abuse
Aiyaa no use Q2 PE (+rm2) but Q3 PE (-rm2)
Hedging loss 1.07Bil cannot hide Q3

 Posted by MoneyMakers > 5 days ago | Report Abuse
Sslee Higher gross profit/physical gain alrdy realised in Q2
HY 1.07Bil hedging loss should’ve correspond with higher gross profit in Q2
But due to timing mismatch (swap expiry), will only realise hedging loss 1.07Bil in Q3 (without corresponding higher gross profit/physical gain)

Posted by MoneyMakers > 5 days ago | Report Abuse
Pending’ 1.07Bil hedging loss is just for hedging contracts entered in late Q2 (expires/realised loss in Q3)
Havent include additional hedging loss/gain for contracts ‘entered & expire’ in same Q3

 Posted by MoneyMakers > 5 days ago | Report Abuse
Q3 how to survive - need swallow 1.07Bil hedging loss (crack spread alrdy collapse somemore)
They alrdy highlight 1.07Bil hedging loss in ‘other comprehensive expense’ as WARNING of HY’s overall weakness

Posted by MoneyMakers > 5 days ago | Report Abuse
Aiyoyo where got HY hedge longterm 1yr at same hedged price
Q2 is 1st time show huge ‘pending’ 1.07Bil hedging loss (new hedge position entered @ not reflected in any prev QR) - means their hedging contract shortterm basis
Hedged price also change with new contract entered lo

Posted by MoneyMakers > 1 week ago | Report Abuse
P&L - Other comprehensive (expense)/income: items that will be reclassified to profit or loss @ hedging loss (-1,079,600,000)
Thats hedging loss alrdy locked-in for Q3 (hedging contract alrdy expire after Q2 June)

Posted by MoneyMakers > 1 week ago | Report Abuse
Item A22: free cash/bank balance drop from (Q1) 775Mil to (Q2) 276Mil
Item A20: As of 30 June, company REFINANCING its 1.5Bil loan
P/s: HY got cashflow problem or wha

Posted by MoneyMakers > 1 week ago | Report Abuse
Hanky panky windowdressing - just delay 1.07Bil hedging loss to Q3
Q3 crack spread alrdy collapse - how to swallow 1.07Bil hedging loss somemore

Ali123456

17 posts

Posted by Ali123456 > 2022-09-07 07:21 | Report Abuse

You think Board of Director of Hengyuan like the insult hauled by Stockraiders ?
Good luck to Stockraiders. You will be traced thru the devices you used. No point to start deleting your posts as they all can be restored .
---------------

Posted by stockraider > 6 days ago | Report Abuse 
Why Raider are so against Hengyuan leh ??
The key point is its consistent enormous derivative losses mah !!
The key question to ask is, why Hengyuan have such a huge derivative losses of more than Rm 1 billion compare a small manageable loss at Petron leh ??
The risk at hengyuan has the following possibility loh!
1. The enormous derivative losses of hengyuan are due management/owner deliberate disguise attempt to siphon cash out of hengyuan thru hedging disguise losses loh!
2. It could be genuine loss, but due to poor & risk management of hengyuan that resulted this uncontrol huge losses mah!
Both scenario are equally very bad for hengyuan loh!
This type of situation should not happen loh....it is a bad gambling mentality shown in hengyuan mah!

 Posted by stockraider > 6 days ago | Report Abuse 
U see hengyuan reported EPS exceeding Rm 2.00.....but actually the actual net losses at hengyuan net of derivative losses is exceeding rm 1.00 per share mah!
To catch naive investors to chase.....who do not look in detail....Hengyuan try to catch these people...by declaring dividend of 10 sen.....in and attempt to entice the ignorance loh!
Hengyuan balance sheet is in trouble with borrowing exceeding Rm 2.8 billion or Rm 9.80 borrowing per hengyuan share loh!
This high leverage is risky loh.....the actual losses exceeded Rm 400m for q2 mah!


 Posted by stockraider > 1 week ago | Report Abuse 
Correct loh!
They are already displaying heavy losses mah!
If Hengyuan use the same way of recognising profit like Petron, it would have reported a loss of Rm 412m instead of rm 667m profit mah! That means q2 HRC should report an EPS loss of Rm 1.37 instead of positive eps of Rm 2.22 loh!
The hedging losses of Rm 1,078M should not classified as a comprehensive income & expenses, it should flow to Profit & Loss Account mah!
Why leh ?? Hedging is mean to smooth out the earning volatility of business, thus the hedging derivative impact should be matched against the Profit & Loss account....thus the computation of EPS should be amended loh!
The dividend 10 sen...is use to entice naive investor....to get them to think...Hengyuan is highly profitable in this QTR with EPS of Rm 2.22 per share profit mah!
They want to have benefit of both world which is siphon plus killing off naive investors by getting them to buy hengyuan mah!


Posted by stockraider > 1 week ago | Report Abuse 
Please do not get kon by Hengyuan manipulative Accounts loh!
Actually Hengyuan is in deep trouble loh!

Posted by stockraider > 1 week ago | Report Abuse
Lu tau boh ??
Capitalise on Petron....do not go for konman hengyuan stock loh!
Bcos they will kon u mah!

Posted by stockraider > 1 week ago | Report Abuse
Hengyuan is a kon stock loh!
Even if u see very big profit....Hengyuan owner will not share the good bounty with us loh!
They will think of various ways to siphon the cash & its profit away mah!
The best strategy is to selldown HY and switch to Petron for better protection b4 too late mah!

Ali123456

17 posts

Posted by Ali123456 > 2022-09-07 07:26 | Report Abuse

people have to take reponsibilty of what they posts!
All serious I3 member are encourage to report all lies and malicious allegations to the BOD of the public listed company for their action.

klee

3,174 posts

Posted by klee > 2022-09-07 07:51 | Report Abuse

Wow bod pun datang.Told you all ady.Hrc no more action.Just leave this co alone.

Ali123456

17 posts

Posted by Ali123456 > 2022-09-07 08:02 | Report Abuse

Your think the Board and top Management like all those comments accusing them manipulating accounts, siphoning money, cheating shareholders, mislead investors etc etc ? Just wait!
MoneyMakers , Stockraider and a few others are scrambling to delete malicous postings. No use lah. All deleted posts can be restored one!

Ali123456

17 posts

Posted by Ali123456 > 2022-09-07 08:09 | Report Abuse


Anyone who wish to further report all the malicious comments on Hengyuan and its Management can do so via email and address to Chairman, Board of Directors.
HRCPD-Corporate-Affairs@hrc.com.my

kebling98

314 posts

Posted by kebling98 > 2022-09-07 08:10 | Report Abuse

Well done Ali,if Heng Heng management clarifying the hedging loss , hengheng wil limit up immediately.

tehka

1,928 posts

Posted by tehka > 2022-09-07 08:10 | Report Abuse

Dear qqq3333, you have a serious obsession problem with otb. Might want to get that checked out. Seriously.

OTB

11,250 posts

Posted by OTB > 2022-09-07 08:22 |

Post removed.Why?

OTB

11,250 posts

Posted by OTB > 2022-09-07 08:23 |

Post removed.Why?

OTB

11,250 posts

Posted by OTB > 2022-09-07 08:23 | Report Abuse

Enough curse for today.
Thank you.

BoomBerg

812 posts

Posted by BoomBerg > 2022-09-07 08:24 | Report Abuse

Rumor going around HY management will take seriously i3 comments and further action to follow
Good luck naysayers

BoomBerg

812 posts

Posted by BoomBerg > 2022-09-07 08:28 | Report Abuse

Those naysayers fraud accusations will be in big trouble
Will know their consequences soon
May god bless you
Karma retribution will same time
Hohoho

Post a Comment