HENGYUAN REFINING COMPANY BERHAD

KLSE (MYR): HENGYUAN (4324)

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Last Price

2.44

Today's Change

+0.05 (2.09%)

Day's Change

2.39 - 2.45

Trading Volume

31,700


33 people like this.

123,785 comment(s). Last comment by kebling98 2 hours ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-11 22:59 | Report Abuse

Wei you moved the lamp post kah. Ex divvy date not rm3.00 meh. You dont act blurr nanti cakap you typed wrongly leh. Ular ada screenshot you rm3.00 after ex date leh. Last friday should be rm4.00 leh. Dont suka suka blow water leh. Haiyoh. Correct?



MoneyMakers

Aiyaa no worries will get rm4 after xdate

Bad fundamental stocks (refinery/glove) always collapse after xdate

1 hour ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-11 23:02 | Report Abuse

Cafe Boss punya macai malam pun kena kerja kah. Mon to Sun. Every shift pun kerja. Macam kerbau pun need to rest lah. You better resign from the bad Cafe Boss lah. Mistreating the macai sampai no rest day nvm but need to work 4 shifts lagi just to pay 7 ribu. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-11 23:04 |

Post removed.Why?

Posted by qqq3333MaMaMati > 2022-09-11 23:15 | Report Abuse

MaMa atau EMAK kepada qqq3333 telah mati. Mati sebab di RO gol dan Kong KEK olih orang gila dari rumah sebelah.
Ada dengar berita itu qqq3333 pun FCUK DIA punya EMAK.
Olih sebab jiran sebelah pun mahu IKUT kong kek qqq3333 punya emak.
boss ini bahadul kerja

Posted by qqq3333MaMaMati > 2022-09-11 23:16 | Report Abuse

qqq3333MaMaMati

MaMa atau EMAK kepada qqq3333 telah mati. Mati sebab di RO gol dan Kong KEK olih orang gila dari rumah sebelah.
Ada dengar berita itu qqq3333 pun FCUK DIA punya EMAK.
Olih sebab jiran sebelah pun mahu IKUT kong kek qqq3333 punya emak.
boss ini bahadul kerja

0 seconds ago

Posted by qqq3333MaMaMati > 2022-09-11 23:16 | Report Abuse

qqq3333MaMaMati

MaMa atau EMAK kepada qqq3333 telah mati. Mati sebab di RO gol dan Kong KEK olih orang gila dari rumah sebelah.
Ada dengar berita itu qqq3333 pun FCUK DIA punya EMAK.
Olih sebab jiran sebelah pun mahu IKUT kong kek qqq3333 punya emak.
boss ini bahadul kerja

0 seconds ago

Posted by qqq3333MaMaMati > 2022-09-11 23:16 | Report Abuse

qqq3333MaMaMati

MaMa atau EMAK kepada qqq3333 telah mati. Mati sebab di RO gol dan Kong KEK olih orang gila dari rumah sebelah.
Ada dengar berita itu qqq3333 pun FCUK DIA punya EMAK.
Olih sebab jiran sebelah pun mahu IKUT kong kek qqq3333 punya emak.
boss ini bahadul kerja

0 seconds ago

Posted by qqq3333MaMaMati > 2022-09-11 23:16 | Report Abuse

qqq3333MaMaMati

MaMa atau EMAK kepada qqq3333 telah mati. Mati sebab di RO gol dan Kong KEK olih orang gila dari rumah sebelah.
Ada dengar berita itu qqq3333 pun FCUK DIA punya EMAK.
Olih sebab jiran sebelah pun mahu IKUT kong kek qqq3333 punya emak.
boss ini bahadul kerja

0 seconds ago

Posted by qqq3333MaMaMati > 2022-09-11 23:16 | Report Abuse

qqq3333MaMaMati

MaMa atau EMAK kepada qqq3333 telah mati. Mati sebab di RO gol dan Kong KEK olih orang gila dari rumah sebelah.
Ada dengar berita itu qqq3333 pun FCUK DIA punya EMAK.
Olih sebab jiran sebelah pun mahu IKUT kong kek qqq3333 punya emak.
boss ini bahadul kerja

0 seconds ago

Posted by qqq3333MaMaMati > 2022-09-11 23:16 | Report Abuse

qqq3333MaMaMati

MaMa atau EMAK kepada qqq3333 telah mati. Mati sebab di RO gol dan Kong KEK olih orang gila dari rumah sebelah.
Ada dengar berita itu qqq3333 pun FCUK DIA punya EMAK.
Olih sebab jiran sebelah pun mahu IKUT kong kek qqq3333 punya emak.
boss ini bahadul kerja

0 seconds ago

Posted by qqq3333MaMaMati > 2022-09-11 23:16 | Report Abuse

qqq3333MaMaMati

MaMa atau EMAK kepada qqq3333 telah mati. Mati sebab di RO gol dan Kong KEK olih orang gila dari rumah sebelah.
Ada dengar berita itu qqq3333 pun FCUK DIA punya EMAK.
Olih sebab jiran sebelah pun mahu IKUT kong kek qqq3333 punya emak.
boss ini bahadul kerja

0 seconds ago

Posted by stockraiderFamilyHKC > 2022-09-11 23:46 | Report Abuse

HK C is the abbreviation for Ha m Ka Cha rn or in Englsih , whole fa mily members have a ho rrible de ath.
stockraider @ stockraider @ stockraider Father and Mother were kil
led in a FIRE that broke out at their old family house .
A statement from the PJ fire department spokeswoman , said that fire started in a row of wooden houses along PJ old town this afternoon due to a short circuit.
stockraider Father and Mother de ath brings to 4 after stockraider wife and son di ed in an ac cident last week.
According to reliable sources DevilKing TaiSuYah has been instructed by interested parties to bring about the de ath and H KC of certain personalities.
Next on the list is Income @ Income and family.
Boss in kerja Mabob Rehman

Posted by stockraiderFamilyHKC > 2022-09-11 23:46 | Report Abuse

HK C is the abbreviation for Ha m Ka Cha rn or in Englsih , whole fa mily members have a ho rrible de ath.
stockraider @ stockraider @ stockraider Father and Mother were kil
led in a FIRE that broke out at their old family house .
A statement from the PJ fire department spokeswoman , said that fire started in a row of wooden houses along PJ old town this afternoon due to a short circuit.
stockraider Father and Mother de ath brings to 4 after stockraider wife and son di ed in an ac cident last week.
According to reliable sources DevilKing TaiSuYah has been instructed by interested parties to bring about the de ath and H KC of certain personalities.
Next on the list is Income @ Income and family.

Posted by stockraiderFamilyHKC > 2022-09-11 23:47 | Report Abuse

HK C is the abbreviation for Ha m Ka Cha rn or in Englsih , whole fa mily members have a ho rrible de ath.
stockraider @ stockraider @ stockraider Father and Mother were kil
led in a FIRE that broke out at their old family house .
A statement from the PJ fire department spokeswoman , said that fire started in a row of wooden houses along PJ old town this afternoon due to a short circuit.
stockraider Father and Mother de ath brings to 4 after stockraider wife and son di ed in an ac cident last week.
According to reliable sources DevilKing TaiSuYah has been instructed by interested parties to bring about the de ath and H KC of certain personalities.
Next on the list is Income @ Income and family.

Posted by stockraiderFamilyHKC > 2022-09-11 23:47 | Report Abuse

HK C is the abbreviation for Ha m Ka Cha rn or in Englsih , whole fa mily members have a ho rrible de ath.
stockraider @ stockraider @ stockraider Father and Mother were kil
led in a FIRE that broke out at their old family house .
A statement from the PJ fire department spokeswoman , said that fire started in a row of wooden houses along PJ old town this afternoon due to a short circuit.
stockraider Father and Mother de ath brings to 4 after stockraider wife and son di ed in an ac cident last week.
According to reliable sources DevilKing TaiSuYah has been instructed by interested parties to bring about the de ath and H KC of certain personalities.
Next on the list is Income @ Income and family.

Posted by stockraiderFamilyHKC > 2022-09-11 23:47 | Report Abuse

HK C is the abbreviation for Ha m Ka Cha rn or in Englsih , whole fa mily members have a ho rrible de ath.
stockraider @ stockraider @ stockraider Father and Mother were kil
led in a FIRE that broke out at their old family house .
A statement from the PJ fire department spokeswoman , said that fire started in a row of wooden houses along PJ old town this afternoon due to a short circuit.
stockraider Father and Mother de ath brings to 4 after stockraider wife and son di ed in an ac cident last week.
According to reliable sources DevilKing TaiSuYah has been instructed by interested parties to bring about the de ath and H KC of certain personalities.
Next on the list is Income @ Income and family.

Posted by stockraiderFamilyHKC > 2022-09-11 23:48 | Report Abuse

HK C is the abbreviation for Ha m Ka Cha rn or in Englsih , whole fa mily members have a ho rrible de ath.
stockraider @ stockraider @ stockraider Father and Mother were kil
led in a FIRE that broke out at their old family house .
A statement from the PJ fire department spokeswoman , said that fire started in a row of wooden houses along PJ old town this afternoon due to a short circuit.
stockraider Father and Mother de ath brings to 4 after stockraider wife and son di ed in an ac cident last week.
According to reliable sources DevilKing TaiSuYah has been instructed by interested parties to bring about the de ath and H KC of certain personalities.
Next on the list is Income @ Income and family.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-11 23:48 | Report Abuse

So tomolo red or green. Still no one reply kah. Debate until 3days 2nites but at the end no more dare to say tomolo green or red kah. You all debate for fun kah. Even undertaker pun so busy day and nite to take care mayat mayat kah. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-12 00:05 | Report Abuse

No need so hard working lah. Last friday pun takda rm4.00 leh. Ex divvy date can get rm3.00 kah. Left how many days b4 30/9/2022 leh. Haiyoh. Correct?




MoneyMakers

Simple layman

If HY hedge contracts all expired in June, Q2 would’ve reported (-400Mil) loss

If HY hedge contracts expire monthly/bi-monthly, will see 1.07Bil hedging loss realised Q3

4 minutes ago


MoneyMakers

Those choose ignore ‘pending’ 1.07Bil hedging loss alrdy slaughtered 20% since QR release

Now just pray can rally back to rm5..plan exit ASAP b4 div xdate (1week+)

Bad fundamental stocks (refinery/glove) always collapse after xdate

4 minutes ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-12 00:08 | Report Abuse

Haiyoh why HY ada so many orang judi sampai jump klcc kah. Kenapa ada undertaker business so good one leh. Everyday pun ada business leh. Haiyoh. Correct?

stockwin

285 posts

Posted by stockwin > 2022-09-12 07:26 | Report Abuse

Its kind of sad we have many mentally sick clowns posting sick comments in this forum. I am sure we can do better than this !

stockraider

31,556 posts

Posted by stockraider > 2022-09-12 08:16 | Report Abuse

Correctloh!

"one more thing.............u don't know what prices those contracts and whether long or short were struck, the weightage and volumes for each month also not known. .........how can u calculate here and there....they say rubbish in rubbish out applies here."!

QQQ talk alot of sense below loh:

Posted by qqq3333 > 11 hours ago | Report Abuse

So my layman question.
If you hedge the refining margin at USD 12 - 20 per barrel from month july onward till maybe beyond 2022 up to 2023.

And current crack spread is only from usd 2 to 5 leh then how much money your refining magin swap contracts maturity on Sept will earned?
_≠==============

Sslee.....that is a silly question...u can as easily and as correctly stated your question as how much money u would have lost...

....no kidding....don't use the word hedging without any understanding what happened

one more thing.............u don't know what prices those contracts and whether long or short were struck, the weightage and volumes for each month also not known. .........how can u calculate here and there....they say rubbish in rubbish out applies here.

Posted by steven223838 > 2022-09-12 08:19 | Report Abuse

Huat . another chance to buy cheap at RM3.5-RM4.5 again.

wailaidis

14 posts

Posted by wailaidis > 2022-09-12 08:42 | Report Abuse

will start buying close to 4

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 08:48 | Report Abuse

Dream on....and on....and on....and on......

Sslee

5,588 posts

Posted by Sslee > 2022-09-12 08:48 | Report Abuse

Stockraider,
You can't even understand my questions hence safely to say you don't even know how to read HRC financial report.

But sadly to say that didn't stop you from coming out with virtual refinery, Private Refining Margin Swap and many ridiculous assumption. You had made yourself a laughing stock in i3 and people are rolling on floor laughing their heart out.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 08:51 |

Post removed.Why?

stockraider

31,556 posts

Posted by stockraider > 2022-09-12 09:00 | Report Abuse

Sslee,

Correctloh!

"one more thing.............u don't know what prices those contracts and whether long or short were struck, the weightage and volumes for each month also not known. .........how can u calculate here and there....they say rubbish in rubbish out applies here."!

QQQ talk alot of sense

I thought QQQ already answer u mah!

Btw u better check out the Refining Margin Swap b4 u have so much conviction loh!

Posted by Sslee > 8 minutes ago | Report Abuse

Stockraider,
You can't even understand my questions hence safely to say you don't even know how to read HRC financial report.

But sadly to say that didn't stop you from coming out with virtual refinery, Private Refining Margin Swap and many ridiculous assumption. You had made yourself a laughing stock in i3 and people are rolling on floor laughing their heart out.

stockraider

31,556 posts

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

Ya how do u handle the high risk highlighted below leh ?

Why need to be very careful with "Private Refining Margin Swap" ?

Even in the event, we are highly successful with the trade and make billions- The Private Counter Party....can simply just default and nothing we can do loh!

The huge sum of money, that Hengyuan is betting...to tune of Rm 1.3 billion losses, is just ridiculous mah!

Posted by stockraider > 2 minutes ago | Report Abuse

Just becareful loh!

The Hedging is done thru a Private Refining Margin Swap....thru a chinese counter party in SPORE loh!

It is one to one bets loh!

Be very careful mah!

Very Good Points loh!

Btw...it is not an exchange....it is an individual counter party....having a private deal with Hengyuan mah!

Who is the sooohaaiiii counter party dare to bet one to one... with a refinery like HRC, on Refining margin on one to one bet leh ??

What is there for them, what is counter party their competitive edge over hengyuan leh ?

Posted by qqq3333 > 7 minutes ago | Report Abuse

if every refinery go short on the crack spread contracts, who is on the other side? is there enough volume to make the exchange viable?

Posted by qqq3333 > 7 minutes ago | Report Abuse

if every refinery go short on the crack spread contracts, who is on the other side? is there enough volume to make the exchange viable?

Posted by qqq3333 > 7 minutes ago | Report Abuse

if every refinery go short on the crack spread contracts, who is on the other side? is there enough volume to make the exchange viable?

Zhuge_Liang

2,384 posts

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

Post removed.Why?

UlarSawa

35,552 posts

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

Haiyoh still debate the same thing lagi kah. Ada yang bet today green or red kah. Bet next QR need another 2 and a half moons leh. Long to go leh. Haiyoh. Correct?

UlarSawa

35,552 posts

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

Post removed.Why?

Zhuge_Liang

2,384 posts

Posted by Zhuge_Liang > 2022-09-12 09:10 |

Post removed.Why?

stockraider

31,556 posts

Posted by stockraider > 2022-09-12 09:18 | Report Abuse

Remember QQQ words of wisdom below loh!
"one more thing.............u don't know what prices those contracts and whether long or short were struck, the weightage and volumes for each month also not known. .........how can u calculate here and there....they say rubbish in rubbish out applies here."!

The huge sum of money, that Hengyuan is betting...to tune of Rm 1.3 billion losses, is just ridiculous mah!
Also ask yourself this very important question below loh!

1.Btw...it is not an exchange....it is an individual counter party....having a private deal with Hengyuan mah!

2.Who is the sooohaaiiii counter party dare to bet one to one... with a refinery like HRC, on Refining margin on one to one bet leh ??

3.What is there for them, what is counter party their competitive edge over hengyuan leh ?

Think Rational without emotion & U will get the important answers mah!

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-12 09:20 | Report Abuse

Wei Lu Tao Boh. Ular is part time promoter leh. Haiyoh. Correct?

deMusangking

ular@@@@@@

when it is green
your face also dark green?

correct?

haha

5 minutes ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-12 09:22 | Report Abuse

Haiyoh no one can calculate the HY hedging lah. Semua pun takda actual data pakai agak agak tikam tikam only lah. Better bet HY price up or down until the QR is out lah. Haiyoh. Correct?


qqq3333

some likes to calculate here and there....................but look at the top volume page, these are all judi stocks, purple color chips, small cap technology new IPos.

3 minutes ago

Sslee

5,588 posts

Posted by Sslee > 2022-09-12 09:23 | Report Abuse

qqq3,
That one is for trading in EU gas and electricity derivatives nothing to do with refinery.

Remember Enron scandal on electricity and gas trading.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 09:24 | Report Abuse

Sudah tight range trading lor....as MM said can get at 4.00 last Friday pun eleeeek...now she's saying pecah 5.00....all lies lah.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 09:26 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-12 09:34 | Report Abuse

MM talked kok lah. Sam juga tikam tikam rm4.00 ingat everyone also will cutloss until that level lah. Mana tau HY saham many hold tight tight one alot lah. Paperloss macam HY hedging pun keep for next Qtr mah. Pasal mereka caya next Qtr will be explosive QR again macam Bungaraya lah. Haiyoh. Correct?


BobAxelrod

Sudah tight range trading lor....as MM said can get at 4.00 last Friday pun eleeeek...now she's saying pecah 5.00....all lies lah.

7 minutes ago
BobAxelrod

Sudah tight range trading lor....as MM said can get at 4.00 last Friday pun eleeeek...now she's saying pecah 5.00....all lies lah.

7 minutes ago

Zhuge_Liang

2,384 posts

Posted by Zhuge_Liang > 2022-09-12 09:35 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-12 09:36 | Report Abuse

Ya lah. Some are kakijudi some and they are investor lah. So different ppl different need lah. Just happen all also aiming to earn from Hengyuan lah. Pasal mereka kata HengYuanese are clever ones lah. Haiyoh. Correct?

qqq3333

by UlarSawa > 4 minutes ago | Report Abuse

Haiyoh no one can calculate the HY hedging lah. Semua pun takda actual data pakai agak agak tikam tikam only lah. Better bet HY price up or down until the QR is out lah. Haiyoh. Correct?
======================

everybody is gambling here. some likes to deceive themselves and others calculate here and there and call it hedging. ....figures but not facts.

3 minutes ago

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 09:38 | Report Abuse

Tengok volume HY dah nangis.....mcm Rockaby baby on the tree top........terduduk....ZZzzz...

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 09:39 |

Post removed.Why?

Sslee

5,588 posts

Posted by Sslee > 2022-09-12 09:42 | Report Abuse

Mike is right,
If you look at HRC balance sheet
Derivatives liabilities under:
Current liabilities is RM 1,305,569,000
Non-current liabilities: RM 480,908,000

Thus you can safely say majority (70+ %) derivatives will mature within 12 months and the balance maturity date above 12 months

I think not many counter-parties will be able to quote you refining margin swap contracts more than 12 months ahead

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-12 09:48 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-12 09:52 | Report Abuse

Crackspread and crackhead ini macam debate lah. Who care lah. Judi only lah. Need to know so details kah. Haiyoh. Correct?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 09:53 | Report Abuse

Think the lowest was 4.35, and MM was so seductive and on heat, she moaned and whispered in my ear....4.00...4.00....

Now swing is limited to 5c-7c......not worth the time. I like fireworks......

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 09:55 | Report Abuse

Ohhhh MM when can get 4.00 as you promised? Last Friday waited in vain......but luckily you filled my time just as I filled you.

Now can pecah 5.00 meh?

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