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 17 hours ago

Zhuge_Liang

2,384 posts

Posted by Zhuge_Liang > 2022-09-08 10:47 |

Post removed.Why?

probability

14,463 posts

Posted by probability > 2022-09-08 10:48 | Report Abuse

@ular, have you gone through this?

Reference:

worth spending 5 min to understand though the english is quite difficult to grasp. After 3 minutes into the overview, the main part comes and its easy to understand.

'When does Cash Flows Hedge Reserves (under OCI) gets transferred to P&L?'

https://www.youtube.com/watch?v=arCSncmfB8k

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-08 10:48 | Report Abuse

No one talk they tak suka minum kedondong juice with sembui lah. Sour taste good lah. Haiyoh. Correct?


probability

pot calling the kettle black

Posted by Income > Sep 8, 2022 10:42 AM | Report Abuse

I hold my head high even if I am B40.
Useless to be Millionaires but keep your useless facts and figures and very cocky and kurang Asam attitude.

2 minutes ago

MoneyMakers

7,496 posts

Posted by MoneyMakers > 2022-09-08 10:48 | Report Abuse

Aiyoyo BobbyAxelboi why suddenly become naysayer??

Last week nonstop support talk nonsense @ rm5.5

Alrdy panic sell issit kikiki

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-08 10:49 | Report Abuse

I'm a naysayer.....you must be kidding. Hey kid, grow up and see the "Open and Frank" message I'm saying.

I still hold CW

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-08 10:49 |

Post removed.Why?

Yu_and_Mee

3,451 posts

Posted by Yu_and_Mee > 2022-09-08 10:50 | Report Abuse

CW is higher risk. Risk takers can play

Zhuge_Liang

2,384 posts

Posted by Zhuge_Liang > 2022-09-08 10:50 |

Post removed.Why?

vinc3362

244 posts

Posted by vinc3362 > 2022-09-08 10:51 | Report Abuse

probability > 34 minutes ago | Report Abuse

Reference:

worth spending 5 min to understand though the english is quite difficult to grasp. After 3 minutes into the overview, the main part comes and its easy to understand.

'When does Cash Flows Hedge Reserves (under OCI) gets transferred to P&L?'

https://www.youtube.com/watch?v=arCSncmfB8k
_______________________________________________________

Good sharing.
But most investors doesn't even know accounting terms like dr and cr. To ask them to view and understand the accounting entries is 99% futile effort.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-08 10:51 | Report Abuse

Where got ppl hold CW when know the price is downtrend leh. You must be kidding. Pls quit gambling CW leh. Not suitable for you leh. Haiyoh. Correct?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-08 10:51 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-08 10:52 | Report Abuse

Judi no need to know so much accounting leh. Just simple hisab will do leh. Haiyoh. Correct?





Good sharing.
But most investors doesn't even know accounting terms like dr and cr. To ask them to view and understand the accounting entries is 99% futile effort.

5 seconds ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-08 10:53 | Report Abuse

Really. Ular nampak both also appear at Taikor forum leh. But they macam talk differently leh. Haiyoh. Correct?

BobAxelrod

If you're reading i3 long enough, you'll soon know U & Me is another Natsuko aka Japanese Whore.

37 seconds ago

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-08 10:54 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-08 10:55 | Report Abuse

Kaki pendek very secretive his TP one leh. He scare shark know his TP leh. Ular really tak faham lah. Shark need to know kaki pendek TP for what lah. Haiyoh. Correct?


Income

Pengkritik Vs HoLanPa,
Just wait until 25Nov2022 to know who win lah.
This is the date Kaki Pendek choose lah.
Ok. I have KitKat now, Taking a break.
Sayo Nara.
P.s. HoLanPa Geng… Keep on making a wet string upright.

1 minute ago

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-08 10:57 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-08 10:59 |

Post removed.Why?

Sslee

5,591 posts

Posted by Sslee > 2022-09-08 10:59 | Report Abuse

The are two side of demand and supply.
Crude producers need to sell crude to refineries and then refineries sell refine finished products to end users.

If end user demand higher than refineries can produces then refine finished products will go up (diesel is now replacing gas in heating, energy and power generation in EU)

If crude producers produce more than refineries capacity then crude price will drop. ( more Iran oil come to market and etc) or refineries start to cut back on crude buying/reduce capacity run because of recession demand destruction or excess mogas stock built up but low in diesel stock. In that case mogas crack spread drop but diesel crack spread stay high.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-08 11:00 | Report Abuse

Why high oil price no need kah. Really. demand high mah baru oil price high mah. Then refined products also high mah. Then hedging leh. No need to kira kah. Loss also need to count leh. Not surewin in hedging one leh. Haiyoh. Correct?


U only need High vol and high margin lah !!!!
After so much sharing and info presented u still don't get it kah ? Haiyoh !!!!!

11 minutes ago

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-08 11:02 | Report Abuse

MM, you must be green with envy that I collected HY at below 4.40 and my Elvis left the building at slightly above 5.00.....is that a lost?

My C24 were bought at 6c and sold to recollect back capital + change....now all FREE....eat your heart out.

tehka

1,928 posts

Posted by tehka > 2022-09-08 11:03 | Report Abuse

Dear Income, yes, 25 Nov is minimum holding period for me. Your prayer is appreciated. Thank you

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-08 11:04 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-08 11:04 | Report Abuse

Judi win sure happy lah. Lost in the argument only wont lose anything lah. Important your pocket ada spare money to spend lah. Can go happy hour lah. Correct?


BobAxelrod

MM, you must be green with envy that I collected HY at below 4.40 and my Elvis left the building at slightly above 5.00.....is that a lost?

My C24 were bought at 6c and sold to recollect back capital + change....now all FREE....eat your heart out.

50 seconds ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-08 11:05 |

Post removed.Why?

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-08 11:05 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-08 11:06 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-08 11:07 | Report Abuse

Thats why Debt increased to rm1.5bil lah. Lagi mau issue notes worth rm5 bil lah. In order to get better rate so need to show better QR lah. Common sense lah. Haiyoh. Correct?


qqq3333

The problem with HY is they just don't have enough capital to operate a proper refinery.....they constantly have to minimise working capital fluctuations.

4 seconds ago

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-08 11:08 |

Post removed.Why?

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-08 11:09 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-08 11:10 | Report Abuse

Euro standard need to upgrade lah. Itu angmoh selalu set higher emmission standard so refiner need to upgrade facilities lah. Simple job pun need to pay so much leh. Dunno siapa quote one leh. Need so much money to upgrade kah. Made in China should be cheaper mah. Haiyoh. Correct?


qqq3333

The problem with HY is they just don't have enough capital to operate a proper refinery.....they constantly have to minimise working capital fluctuations.

4 seconds ago

probability

14,463 posts

Posted by probability > 2022-09-08 11:11 | Report Abuse

I finalized realized MM is the man... just so in tune with Bursa investors

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-08 11:12 |

Post removed.Why?

Zhuge_Liang

2,384 posts

Posted by Zhuge_Liang > 2022-09-08 11:12 |

Post removed.Why?

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-08 11:13 |

Post removed.Why?

Posted by Investing_Bursa > 2022-09-08 11:13 | Report Abuse

BobAxerod is a flip flopper . His rod has been axed and that’s why can only flip flop. Kakakaka what a con

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-08 11:13 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-08 11:15 | Report Abuse

Anyone blind one also can read the debt increased to 1.5bil mah. Not true meh. Haiyoh. Correct?


Zhuge_Liang

The shameless liar appears again to tell bigger lie here.
PAT for first half is already 841 million.
The interest cost is 20.7 million only.
Interest coverage is 56 times against the intl standard of 9 times.
Do not tell me the borrowing is big again.
Do not do his homework, continue to bullshit and tell bigger lies here.
Really a shameless liar here.
No wonder someone continue to attack him non-stop.

1 minute ago

Zhuge_Liang

2,384 posts

Posted by Zhuge_Liang > 2022-09-08 11:15 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-08 11:16 |

Post removed.Why?

Sslee

5,591 posts

Posted by Sslee > 2022-09-08 11:17 | Report Abuse

HRC
Inventories RM 2,142,971,000

Yu_and_Mee

3,451 posts

Posted by Yu_and_Mee > 2022-09-08 11:18 | Report Abuse

25.00 by next year

MoneyMakers

7,496 posts

Posted by MoneyMakers > 2022-09-08 11:18 | Report Abuse

BobbiAxelboi really thick face fella

Today pretend naysayer fight HY supporters @ want get credit when HY drop

But ownself hardsell @ rm5.5 last week kikiki

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-08 11:20 | Report Abuse

Scroll back and read my posts...I said, "Elvis has left the building" just as I was elling and at slightly above 5.00....not at 5.50....

Don't tell lies...spoil your sweetness in M&M chocolates.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-08 11:20 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-08 11:21 | Report Abuse

No one bother to scroll back lah. You cakap apa also right lah. Haiyoh. Correct?


BobAxelrod

Scroll back and read my posts...I said, "Elvis has left the building" just as I was elling and at slightly above 5.00....not at 5.50....

Don't tell lies...spoil your sweetness in M&M chocolates.

14 seconds ago

Yu_and_Mee

3,451 posts

Posted by Yu_and_Mee > 2022-09-08 11:21 | Report Abuse

FA no longer important or key driver.
"Market" wants to buy then up, not to buy then drop

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-08 11:23 | Report Abuse

Ya kah. Then you wait lah. dont need tell also lah. Who care lah. Many pun dont care also lah. They care today or tomolo ada earn or loss only lah. Haiyoh. Correct?

Yu_and_Mee

25.00 by next year

3 minutes ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-08 11:25 | Report Abuse

Ya kah. You so nice telling all in the forum kah. Not that you tersangkut atas pokok durian screaming so loud help me help me kah. From far away ppl can see you di atas pokok durian screaming leh. Haiyoh. Correct?


Yu_and_Mee

FA no longer important or key driver.
"Market" wants to buy then up, not to buy then drop

1 minute ago

Zhuge_Liang

2,384 posts

Posted by Zhuge_Liang > 2022-09-08 11:26 | Report Abuse

Posted by Sslee > 1 minute ago | Report Abuse
HRC
Inventories RM 2,142,971,000
--------------
Petronm also having the same problem.
All refinery stocks in the US also having high borrowings.
It is very costly to operate a refinery plant.
Hence there are not many new complex refinery plants build in the last 10 years.
Most investors in the US refused to invest cash into this industry.
Hence refinery stocks will perform well in next 2 years to come.

Sslee

5,591 posts

Posted by Sslee > 2022-09-08 11:26 | Report Abuse

HRC keep about 1 month inventories in their storage tanks.
To protect the value of inventories they can use short term 1 month commodity swap contract.

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