Why today Petron goes up but hengyuan do not leh ??
1. Petron with its refinery & petrol stations has better value than hengyuan loh! Just Petron Petrol station alone already worth Rm 6.50 per share & its refinery worth Rm 4.50 mah!. 2. Petron had paid higher & consistent dividend than hengyuan at 20 sen per share mah!. 3. Petron Qtr2 31-6-2022 result still reported a commendable net profit of 68 sen per share despite netting of hedging losses whrereas HRC reported a loss of eps Rm 1.37 per share after netting off hedging losses loh! 4. Petron are more well manage & less complicated compare to hengyuan, thus easy to understand & investor is more confident on Petron loh! 5. On hedging Petron adopt a more acceptable universal standard of forward exchange contract & commodity swaps route thru the banks base on over the counter arrangement (OTC} whereas Hengyuan has also Forward exchange contract & commodity swap route thru OTC with banks but it has this dubious Refinery Profit Margin swap done as private arrangement individual counter party loh! This Refinery Profit Margin Swap has generated a staggering more than Rm 1 billion losses at hengyuan loh!
Tomolo anyone want to guess open big or small. Close time then check again. Today 4.57 is 23sen from 4.80 and 37sen from 4.20. ular bet red chance is higher lah. Semalam lupa kira chances leh. Thats why today wrong lah. Haiyoh. Correct?
Cafe Boss superbisor still working OT mon to sun mon stop 4 shifts lagi kerja macam kerbau lagi kah. Better resign lah. You are underpaid working like kerbau lah. Haiyoh. Correct?
Ular, personally I find your style of posting annoying (“Haiyoh” “Correct”). I honestly think you seem have gotten into a certain mindset or habit
But don’t mind me, as long as you are doing well
As for your question, since your only career is trading and you spend a huge amount of time in this i3 forum, perhaps you can search all of my comments here in this HY thread
Hengyuan establishes RM5 bil MTN programme, accepts RM1.3 bil in revolving credit facilities
By Izzul Ikram | theedgemarkets.com | 2022-09-12 19:00:00 KUALA LUMPUR (Sept 12): Hengyuan Refining Co Bhd has established an unrated medium-term notes (MTN) programme of up to RM5 billion in nominal value, and accepted RM1.31 billion in multi-currency revolving credit (RC) facilities.
In a Bursa Malaysia filing, the crude oil refiner said the purpose of the MTN programme and RC facilities is to refinance its existing loans, fund the medium-term growth and working capital of the company, as well as allow Hengyuan to proceed with its planned upgrade and maintenance projects for its refinery.
Hengyuan said tranches of the RM5 bil MTN programme will be issued over a tenure of 30 years via bought deal or private placement.
The company said it made an initial lodgement for the establishment of the MTN programme to the Securities Commission Malaysia on June 30, and subsequently relodged last Thursday (Sept 8) following certain revisions to the principal terms and conditions of the programme.
AmInvestment Bank Bhd and Maybank Investment Bhd are the joint principal advisers, joint lead arrangers, and joint lead managers of the MTN programme, while Malaysian Trustees Bhd is the trustee.
Meanwhile, on the RC facilities, Hengyuan said they comprise a US dollar facility of up to US$235 million (RM1.06 billion) and a ringgit facility of up to RM250 million offered by AmBank (M) Bhd, China Construction Bank Corp, Labuan Branch and Malayan Banking Bhd.
"The RC facilities are subject to the approval of Bank Negara Malaysia and this was received by Hengyuan on Aug 3," it added.
Shares in Hengyuan finished three sen or 0.65% lower at RM4.57 on Monday (Sept 12), giving the company a market capitalisation of RM1.37 billion.
Bitcoin is shooting up as loading up riot mara croz hut8 when bitcoin at 19k.Now everyday 10-15% increase my capital.Just like hengyuan ,when it shoot up it will be sky high.
Haiyoh what happen 5 bil loan in 30 years kah. What the heck HY still need to borrow money until 30years kah. Very long leh. 30 years still need to borrrow money kah. That mean HY cannot survive if dont borrow monet izzit. Haiyoh. Correct?
Haiyohe if hengheng is over hedging, bank will not give her 5blah. If hengheng loss 1000m in hedging, bank nampak hengheng pun run loh. Bank wont lend money to gamblers lah This MTN proved hengheng business very healthy. O&G company is very difficult to get MTN. Only very good company can get MTN. Sunway has established 3b MTN in March. Sunway good or bad company? If the statements about unrealize derivatives loss is true ,means bank is doing charityloh
Need bank negara approval leh. Not sure how they issue and with what coupon rate lagi leh. Unrated meana what. No rating agency rating Hy kah. Then how to decide the coupon rate leh. Haiyoh. Correct?
kebling98
Haiyohe if hengheng is over hedging, bank will not give her 5blah. If hengheng loss 1000m in hedging, bank nampak hengheng pun run loh. Bank wont lend money to gamblers lah This MTN proved hengheng business very healthy. O&G company is very difficult to get MTN. Only very good company can get MTN. Sunway has established 3b MTN in March. Sunway good or bad company? If the statements about unrealize derivatives loss is true ,means bank is doing charityloh 59 seconds ago
Assuming the EPS = 6.00, the present price at 4.57, PER = 0.76. ROI is less than a year. Where on earth has this type of profitable stock ? It is only in KLSE. If Hengyuan will suffer billion of unrealised loss on refined derivative, which bank will lend money to Hengyuan. Bank will lend money to a solid stock like Hengyuan. To me all unrealised derivative loss is not a concern to me. Strong growth in earning is what I look forward to. Wait to see the high EPS in FY2022 result.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
UlarSawa
35,552 posts
Posted by UlarSawa > 2022-09-12 17:34 | Report Abuse
Why today story all about Uncle Koon leh. No more carry mayat mayat pergi tanam kah. Haiyoh. Correct?