HENGYUAN REFINING COMPANY BERHAD

KLSE (MYR): HENGYUAN (4324)

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Last Price

2.39

Today's Change

-0.01 (0.42%)

Day's Change

2.38 - 2.42

Trading Volume

737,900


33 people like this.

123,785 comment(s). Last comment by kebling98 34 minutes ago

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?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-12 17:34 | Report Abuse

Bukan ini macam lah. Haiyoh. Correct?


Posted by BobAxelrod > 31 seconds ago | Report Abuse

4.20 and 4.80......one is easy die, and one is easy fatt !!

stockraider

31,556 posts

Posted by stockraider > 2022-09-12 17:36 | Report Abuse

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!

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-12 17:49 | Report Abuse

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?

cK1973

1,837 posts

Posted by cK1973 > 2022-09-12 17:50 | Report Abuse

unker blog lagi ka.....
kakakaka.....
mau tanam terus HY ka ?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-12 17:54 | Report Abuse

Uncle sharing only you pun jumped into conclusion he want to tanam HY alive like the Cafe Boss macai tanam mayat mayat at here kah. Haiyoh. Correct?


cK1973

unker blog lagi ka.....
kakakaka.....
mau tanam terus HY ka ?

2 minutes ago

anthonytkh

1,802 posts

Posted by anthonytkh > 2022-09-12 17:57 | Report Abuse

Dunno why you guys are still comparing HY with Petron. Just look at the shareholdings for both

There is no comparison. That’s why the share prices for both are what you see. It’s this simple. Ignore the crack spread “info” provided by a few here

It’s not about these two companies’ probable profitabilities… c’mon… you don’t see it?! I’d mentioned this several times!

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-12 18:31 | Report Abuse

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?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-12 18:34 | Report Abuse

What did you share so far. Ular tak tau leh. Can repeat. Haiyoh. Correct?


anthonytkh

Dunno why you guys are still comparing HY with Petron. Just look at the shareholdings for both

There is no comparison. That’s why the share prices for both are what you see. It’s this simple. Ignore the crack spread “info” provided by a few here

It’s not about these two companies’ probable profitabilities… c’mon… you don’t see it?! I’d mentioned this several times!

29 minutes ago

anthonytkh

1,802 posts

Posted by anthonytkh > 2022-09-12 19:13 | Report Abuse

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

PS. So what’s happened to your sifu Sting?

BoomBerg

812 posts

Posted by BoomBerg > 2022-09-12 19:40 | Report Abuse

Ular dua kepala sibuk sibuk kak sini
Old chicken hen buttock simply hantam only

BoomBerg

812 posts

Posted by BoomBerg > 2022-09-12 19:41 | Report Abuse

Lau kwui boo

Sslee

5,588 posts

Posted by Sslee > 2022-09-12 19:47 | Report Abuse

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.

Edited by S Kanagaraju

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 19:55 | Report Abuse

This is indeed very good News Sslee...3 cheers!!!!

Bottoms up....kan pei......

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 20:13 |

Post removed.Why?

Sharewire

240 posts

Posted by Sharewire > 2022-09-12 20:16 | Report Abuse

All top dog,cow and lady puppy all here
Why hengyuan is magnet to all ?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 20:18 | Report Abuse

MM, your lies has just been debunked.......blown to pieces and you're still singing the same song??????

Sharewire

240 posts

Posted by Sharewire > 2022-09-12 20:19 | Report Abuse

Hengyuan is highly potential stock !!!
Moneymaker have spamming hengyuan nonstop.!!!! Amazing love for hengyuan

Sharewire

240 posts

Posted by Sharewire > 2022-09-12 20:22 | Report Abuse

I suggest grab a bite and hold for life
It would turn into gold!
Lady leg spred q33 syiok with hengyuan

Sharewire

240 posts

Posted by Sharewire > 2022-09-12 20:23 | Report Abuse

Qtr2 with record profit and eps
Record tax pay
Really cant blame sooo crazy with hengyuan

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 20:26 |

Post removed.Why?

Sharewire

240 posts

Posted by Sharewire > 2022-09-12 20:26 | Report Abuse

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.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 20:27 |

Post removed.Why?

Sharewire

240 posts

Posted by Sharewire > 2022-09-12 20:28 | Report Abuse

Many say bitcoin will go to 12k
But btc is reap to shoot to sky.
Hengyuan will soon shoot to sky

Sharewire

240 posts

Posted by Sharewire > 2022-09-12 20:29 | Report Abuse

Hengyuan forum is soooo hot !
Share price will be too hot to handle SOON!

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 20:29 |

Post removed.Why?

Posted by miracle_trader > 2022-09-12 20:30 | Report Abuse

hengyuan will indeed fly soon. experience trader can see that, seller have exhausted.

Sharewire

240 posts

Posted by Sharewire > 2022-09-12 20:30 | Report Abuse

Buy when is over sold
Sell when it too hot to handle

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 20:31 | Report Abuse

MM, may I ask....can SD apply for 5 billion Bonds?....can SAP apply for 5 billion bonds??????....hahahahaha

Sharewire

240 posts

Posted by Sharewire > 2022-09-12 20:32 | Report Abuse

Moneymaker try to eat up hengyuan nonstop .

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 20:35 | Report Abuse

MM, do you know what the additional 1.31 Billion Multi currency Revolving Credit facility is?????? No......please go read up.....

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 20:37 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 20:39 | Report Abuse

Sslee, my corgis want to lick your face for bring such good news....Smuuuck!

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-12 20:39 | Report Abuse

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?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 20:41 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 20:41 | Report Abuse

Ular not happy tomorrow HY might be green ke????

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 20:43 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-12 20:43 | Report Abuse

Ular predict tomolo red mah. You takda baca meh. Haiyoh. Correct?

Posted by BobAxelrod > 46 seconds ago | Report Abuse

Ular not happy tomorrow HY might be green ke???

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 20:44 |

Post removed.Why?

Ahahah

453 posts

Posted by Ahahah > 2022-09-12 20:44 | Report Abuse

Well done Hengyuan BOD to raise 5 b bond. Pmetal only manage to get 1b bond, that already consider very good company.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 20:44 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 20:46 |

Post removed.Why?

kebling98

314 posts

Posted by kebling98 > 2022-09-12 20:46 | Report Abuse

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

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 20:47 | Report Abuse

With 1.31 billions in Revolving Credits....you don't need Cold Hard Cash anymore.....all Documentary Credits....pushing papers lah......hahahaha

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 20:48 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-12 20:50 | Report Abuse

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

Zhuge_Liang

2,384 posts

Posted by Zhuge_Liang > 2022-09-12 20:51 | Report Abuse

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.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 20:51 | Report Abuse

Ular....ahem!....the stage and mic is yours.....hehehe

tehka

1,928 posts

Posted by tehka > 2022-09-12 20:52 | Report Abuse

kebling98 is panlai loh! bank so easy approve 5b MTN to china kon company??

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-12 20:54 |

Post removed.Why?

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