Posted by UlarSawa > 2022-09-08 11:28 | Report Abuse

Then trade payable almost 4bil how. Haiyoh. Correct?


probability

the inventory value which is proportional to the debt value is hedged..

as such, each take care of the other

38 seconds ago

Posted by UlarSawa > 2022-09-08 11:29 | Report Abuse

If everything is ok why need to raise 5bil notes leh. Haiyoh. Correct?

Posted by UlarSawa > 2022-09-08 11:29 | Report Abuse

Borrow money no need to pay interest kah. Haiyoh. Correct?

Posted by UlarSawa > 2022-09-08 11:31 | Report Abuse

If can pay debt why keep increase debt value leh. Why. Want to pay interest to the bank kah. Pay dividend lah. Why pay interest to the bank leh. Haiyoh. Correct?

Posted by BobAxelrod > 2022-09-08 11:31 |

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Posted by probability > 2022-09-08 11:33 | Report Abuse

payable is taken care of receivables ma..

Posted by UlarSawa > Sep 8, 2022 11:28 AM | Report Abuse

Then trade payable almost 4bil how. Haiyoh. Correct?

Posted by BobAxelrod > 2022-09-08 11:34 |

Post removed.Why?

Posted by probability > 2022-09-08 11:34 | Report Abuse

cash flow hedges needs to paid BEFORE money is collected from physical sales transactions...and cost of hedging reserve is high

who knows it can persist if gasoline crack spread shoot up above 31 USD/brl again

to protect themself from potential cash flow issues its good to keep more cash

Posted by UlarSawa > Sep 8, 2022 11:29 AM | Report Abuse

If everything is ok why need to raise 5bil notes leh. Haiyoh. Correct?

Posted by UlarSawa > 2022-09-08 11:34 | Report Abuse

Enuf kah. Sure can get kah. Then why need to borrow lagi leh. Haiyoh. Correct?

probability

payable is taken care of receivables ma..

Posted by Sslee > 2022-09-08 11:35 | Report Abuse

Trade receivables RM 2,163,459,000
Other receivables and prepayments RM 1,675,720,000
Bank balances RM 464,461,000

Posted by BobAxelrod > 2022-09-08 11:35 |

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Posted by probability > 2022-09-08 11:36 | Report Abuse

@ular, check on cash flow hedging reserve....as potential risk mitigation plan, they need to take necessary measures

Posted by UlarSawa > 2022-09-08 11:36 | Report Abuse

Why need to borrow more money leh. One simple question. Why need to issue 5bil notes if all arectaken care off. Why. Why. Why. Haiyoh. Correct?

Posted by BobAxelrod > 2022-09-08 11:37 |

Post removed.Why?

Posted by UlarSawa > 2022-09-08 11:38 | Report Abuse

Hearsay kah. Then why ppl not happy about it leh. Haiyoh. Correct?


BobAxelrod

5 Billion Notes is just heresay....until materialised. All Oil companies would just try....maybe for fun.

21 seconds ago

Posted by BobAxelrod > 2022-09-08 11:38 |

Post removed.Why?

Posted by BobAxelrod > 2022-09-08 11:39 |

Post removed.Why?

Posted by UlarSawa > 2022-09-08 11:40 |

Post removed.Why?

Posted by probability > 2022-09-08 11:40 | Report Abuse

simple answer, cash flow'

it takes longer time for profit to be realized into cash due to hedging

Posted by UlarSawa > Sep 8, 2022 11:36 AM | Report Abuse

Why need to borrow more money leh. One simple question. Why need to issue 5bil notes if all arectaken care off. Why. Why. Why. Haiyoh. Correct?

Posted by BobAxelrod > 2022-09-08 11:41 | Report Abuse

In fact....I truly believe and hope their 5 Billion Note borrowings comes true...which tells us that HY is very Profitable and a super paymaster and well managed Company....Bankers have no worries to lend to them....

Posted by BobAxelrod > 2022-09-08 11:42 |

Post removed.Why?

Posted by UlarSawa > 2022-09-08 11:42 | Report Abuse

Not only one person say leh. Many said it leh. Become a very concern matter already leh. Haiyoh. Company got money still still need to raise fund leh. Some more need so big figures leh. 5 bil leh. 9 zero leh. Not 6 zero only leh. Kira kira pun very scary leh. Haiyoh. Correct?


BobAxelrod

Coz it's their mouth...they can say things they don't like or just to pull down others...

Posted by UlarSawa > 1 second ago | Report Abuse
Hearsay kah. Then why ppl not happy about it leh. Haiyoh. Correct?

30 seconds ago

Posted by BobAxelrod > 2022-09-08 11:43 | Report Abuse

Then, saya mau, dia mau, lu mau...siapa siap pun mau HY

Posted by UlarSawa > 2022-09-08 11:44 | Report Abuse

You mean HY cash flow got problem. Haiyoh. Correct?


probability

simple answer, cash flow'

it takes longer time for profit to be realized into cash due to hedging

Posted by BobAxelrod > 2022-09-08 11:44 |

Post removed.Why?

Posted by MoneyMakers > 2022-09-08 11:45 | Report Abuse

Kikiki enough making fun of BobbiAxelboi today

Nxt time dont be such rude naysayer/fighter when ownself hardsell @ rm5.5 just last week kikiki

Really thick face fella

Posted by ty Y > 2022-09-08 11:46 | Report Abuse

What moral concept? If you rob, rape, embezzle and cheat back the money you get, give your brother and sister deserve praise for you? You r really soh hai , talk nonsense..

Posted by UlarSawa > 2022-09-08 11:48 | Report Abuse

Really. Then if cannot pay back how. Insolvent kah. Thats what happen to Janda sapura kah. Debt increased sikit sikit lama lama jadi bukit kah. Haiyoh. Correct?


BobAxelrod

FYI....no Oil companies knock on Bankers' door to beg for a couple of hundred million.....pai seh.

Posted by BobAxelrod > 2022-09-08 11:48 |

Post removed.Why?

Posted by UlarSawa > 2022-09-08 11:50 | Report Abuse

Depend on you lor. Not everyone think like you also mah. They can rob the rich then is ok lah. Dont rob the poor lah. They cannot afford to lose their hard earn money leh. Rich one ok lah. Lose million still ada millions lagi mah. Haiyoh. Correct?


ty Y

What moral concept? If you rob, rape, embezzle and cheat back the money you get, give your brother and sister deserve praise for you? You r really soh hai , talk nonsense..

1 minute ago

Posted by BobAxelrod > 2022-09-08 11:51 |

Post removed.Why?

Posted by UlarSawa > 2022-09-08 11:52 |

Post removed.Why?

Posted by UlarSawa > 2022-09-08 11:53 | Report Abuse

Then how you know HY also not like SD cooked the book leh. Did you do forensic audit on HY already kah. Like SD kah. Haiyoh. Correct?

BobAxelrod

To borrow and lose in business is ok, a fine gentleman.....to scam with cooked books as in SD.....is despicable and a pirate.

Posted by BobAxelrod > 2022-09-08 11:54 |

Post removed.Why?

Posted by BobAxelrod > 2022-09-08 11:55 |

Post removed.Why?

Posted by UlarSawa > 2022-09-08 11:56 | Report Abuse

Then why HY receiveable also balloned leh. Why not pay cash meh. Haiyoh. Correct?


BobAxelrod

From the Petrol Dealers' perspective....do you know the Capital and cost of a Tanker load of 3,600 litres back in 2000 and the cost of same load today.

FYI
BTW
PS
PS2
Dealers pay in cash to Refineries for their purchases/stocks.

25 seconds ago

Posted by UlarSawa > 2022-09-08 11:57 | Report Abuse

If banker not approve then how leh. HY need to pay back short term debt alot by Jan leh. Haiyoh. Correct?


BobAxelrod

That's why the 5 billion Note need due diligence to be done by Bankers and for Investors advantage too.

Posted by UlarSawa > 50 seconds ago | Report Abuse
Then how you know HY also not like SD cooked the book leh. Did you do forensic audit on HY already kah. Like SD kah. Haiyoh. Correct?

31 seconds ago

Posted by OTB > 2022-09-08 11:58 |

Post removed.Why?

Posted by OTB > 2022-09-08 11:58 | Report Abuse

Every time let me curse, how to make money in the stock market.
The share price of Hengyuan moves up to 19.50, you also no chance to smell.
90% of short term traders are losers in the stock market.
Tell me how much you lose in the next few years.
Do not learn the skill, still want to fight with me.
Show me your record first before you talk further.
Make enough money, then you can challenge me.
Not yet can walk, want to run.
Want to challenge me, wait lah next life.
In this life, you will not win loh.

Posted by BobAxelrod > 2022-09-08 11:59 |

Post removed.Why?

Posted by OTB > 2022-09-08 12:01 |

Post removed.Why?

Posted by UlarSawa > 2022-09-08 12:01 | Report Abuse

You mean all payment by LC only. No LC no delivery. Like this. Correct?

BobAxelrod

HY's deals are more complex and complicated, not like your regular Petrol station buyers....they have more complex Bank instruments and clearance time.......Hope you are aware LCs don't clear in half a day???

Posted by UlarSawa > 51 seconds ago | Report Abuse
Then why HY receiveable also balloned leh. Why not pay cash meh. Haiyoh. Correct?

1 minute ago

Posted by UlarSawa > 2022-09-08 12:03 | Report Abuse

Talk until 12pm pun belum see green lagi. Kesian. Haiyoh. Correct?

Posted by BobAxelrod > 2022-09-08 12:03 |

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Posted by UlarSawa > 2022-09-08 12:06 | Report Abuse

Cafe Boss sending his workers to work OT again. Lunch time coming pun need to spam again. The more you spam the more the saham price will drop leh. Use common sense leh. From past record pun can see mah. Mana ada Cafe boss sending the workers to spam the ctr not going up leh. Haiyoh. Correct?

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

As at 30 June 2022, the Company had current borrowings of RM1,500 million. The Company is
undergoing refinancing of its term loans and revolving credits. The Board is confident that the
refinancing program will be completed prior to the required repayment of the borrowings in
January 2023. The proceeds from the refinancing will enable the Company to meet its working
capital requirements in addition to repayment of the borrowings.

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

So not also LC. The COD ada lagi kah. Why receivable balloon meaning COD kah. Ada give payment term kah. Why ada write off ten of millions every qtr leh. Haiyoh. Correct?


BobAxelrod

There are many forms of Payments via Banks...LC is just a common one.

Posted by UlarSawa > 49 seconds ago | Report Abuse
You mean all payment by LC only. No LC no delivery. Like this. Correct?

2 minutes ago

Posted by UlarSawa > 2022-09-08 12:10 |

Post removed.Why?

Posted by UlarSawa > 2022-09-08 12:13 | Report Abuse

Everybody also talking rate hike not good for those with high debt company leh. Need to fork out more to pay interest leh. Not like that meh. Haiyoh. Correct?

Posted by Sslee > 2022-09-08 12:13 | Report Abuse

A commeny at Philip portfolio forum:

While everyone's trying to ridicule Philip (I am not saying he is 100% correct), why noone here dare to go challenge this OTB? If you think Philip is cocky, then OTB is what? Not to mention his vulgarity?
If you are in your 20s or 30s i could understand you being naive. Many here are in their 60s. If you can't differentiate who are worst then obviously you aren't very smart