Posted by UlarSawa > 2022-09-12 22:50 | Report Abuse

Haiyoh Ular lepaking leh. Anyone pun can lepak lah. Even the Cafe Boss punya macai Ular pun lepak with you mah. Apa salah nya just to lepak right. You pun lepaking also right. Sama sama lepak talk 3 talk 4 lah. Complained apa lah. Haiyoh. Correct?

Posted by UlarSawa > 2022-09-12 22:52 | Report Abuse

Complained more saham turun more then whats the point complain so many lah. Jaga your judi lagi bagus mah. You judi you jaga lah. Mau orang lain jaga your judi meh. Never heard about kakijudi apa meaning kah. Kaki want to judi kaki answer your own judi lah. You win or lose you sendiri answer lah. Haiyoh. Correct?

Posted by UlarSawa > 2022-09-12 23:01 | Report Abuse

Ya lah. Rm3 in the making lah. Ex divvy date mah. Can make it or not if tomolo no limit down. Left how many days b4 ex date leh. Only 14 trading days leh. Ular wtg you so chun can make it or not leh. Haiyoh. Correct?


MoneyMakers

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

Now can only pray rally back to rm5 (exit opportunity) b4 totally collapse @ div xdate (month-end)

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

9 seconds ago

Posted by UlarSawa > 2022-09-12 23:02 | Report Abuse

Why Cafe Boss macai no more posting kah. Why stop to hisap rokok kah. Your boss ada kasi tea break one kah. Haiyoh. Correct?

Posted by Zhuge_Liang > 2022-09-12 23:10 | Report Abuse

Posted by Sslee > 3 hours ago | 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
----------------------
If Hengyuan will suffer billions of unrealised losses on refined derivatives, which bank will lend money to Hengyuan ?

If Hengyuan is over hedging and suffers heavy hedging losses on refined derivatives, banks will not approve this medium-term notes (MTN) programme of up to RM5 billion in nominal value, and accept RM1.31 billion in multi-currency revolving credit (RC) facilities.

Banks will lend money to a solid stock like Hengyuan means bankers have already scrutinised their Accounts under the microscope. All rumours about unrealised refined derivative losses are not a concern to the banks now.

The worst is over, the share price will perform well after this announcement.

Will it be a limit up tomorrow after this good announcement ?
Mr Market will tell you tomorrow after 9.00 am.
Good luck and may god bless you always.

Posted by Mikecyc > 2022-09-12 23:27 |

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Posted by UlarSawa > 2022-09-12 23:28 | Report Abuse

Tomolo red lah. Talk until can get loan very good sampai bank give special rate loan ini macam lah. But never check at what rate lagi leh. Revolving credit facility is cheap loan kah. Gorment sponsor one kah. Berapa percent above prime rate kah. Ular OKU dunno lah. Really dunno lah. Anyone know kah. Haiyoh. Correct?

Posted by UlarSawa > 2022-09-12 23:30 |

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Posted by UlarSawa > 2022-09-12 23:32 | Report Abuse

HY ada cash in the bank lagi mah. Can reduce sikit cash on hand lah. Maybe too high interest rate lah. Dont want to pay maximum loan amount of 1.5 bil lah. Haiyoh. Correct?


MoneyMakers

Aiyoyo bank give 1.3Bil new loan to refinance (settle) 1.5Bil existing borrowing

Bank save 200Mil leh..not give more to HY kikiki

1 minute ago

Posted by UlarSawa > 2022-09-12 23:35 | Report Abuse

HY cash rich mah. No need to borrow so much lah. Later ada explosive earning like the promoters cakap mah. Ada over a billion in 2 Qtr leh. Can settle all the loan at one time lah. Haiyoh. Correct?


MoneyMakers

Aiyoyo bank give 1.3Bil new loan to refinance (settle) 1.5Bil existing borrowing

Bank save 200Mil (less loan) - not give more to HY leh kikiki

16 seconds ago

Posted by probability > 2022-09-12 23:35 | Report Abuse

but this is after low IQ traders who thought Cost of hedging Reserve is a hedging loss... it shows the level of education of most malaysian retail investors

the news could be an important factor for market (at least for IB) to rethink its wrong assumption

Posted by Mikecyc > Sep 12, 2022 11:27 PM | Report Abuse

Haha no worries… as it is approved before the 2nd QR is released… let’s see tomorrow market reaction:

Posted by Mikecyc > 2022-09-12 23:37 |

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Posted by investor77 > 2022-09-12 23:37 | Report Abuse

Hope HY will go up on this good news as Banks wont lend if they suspect Company always suffer from losses. Actually not to worry about hedging losses as it is not realized yet !! Only when realized will it be put into Profit n Loss Account. Actual story is HY hedged at USD 12.70, but crack spread higher. Just a loss of Opportunity, that is all. Q3/22 result of Expected more than Q2/22, will reveal truth.

Posted by UlarSawa > 2022-09-12 23:38 | Report Abuse

IB ada TP HY kah. That ada orang cakap takda leh. Maybe they also dunno how to calculate the hedging lah. Haiyoh. Correct?


the news could be an important factor market (at least for IB) to rethink its wrong assumption

Posted by Mikecyc > 2022-09-12 23:39 |

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Posted by probability > 2022-09-12 23:40 | Report Abuse

how to see when its a sea of low IQ...

Posted by Mikecyc > Sep 12, 2022 11:39 PM | Report Abuse

Haha see how IQ ke … hahaha

Posted by Mikecyc > 2022-09-12 23:40 |

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Posted by UlarSawa > 2022-09-12 23:43 |

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Posted by UlarSawa > 2022-09-12 23:45 |

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Posted by probability > 2022-09-12 23:45 | Report Abuse

time will allow low IQ to improve their IQ level..
you dont need to bring down yours

Posted by UlarSawa > Sep 12, 2022 11:43 PM | Report Abuse

Then you must lower down your IQ and miggle with low IQ one lah. Baru they faham what you are talking leh. Haiyoh. Correct?

Posted by Mikecyc > 2022-09-12 23:48 |

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Posted by UlarSawa > 2022-09-12 23:51 |

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Posted by UlarSawa > 2022-09-12 23:53 | Report Abuse

Sometimes low IQ no matter how to improve just cannot improve leh. Haiyoh. Correct?

probability

time will allow low IQ to improve their IQ level..
you dont need to bring down yours

Posted by UlarSawa > Sep 12, 2022 11:43 PM | Report Abuse

Then you must lower down your IQ and miggle with low IQ one lah. Baru they faham what you are talking leh. Haiyoh. Correct?

5 minutes ago

Posted by emsvsi > 2022-09-12 23:55 | Report Abuse

THIS FAT PYTHON FROM TOPGLOVE HOLLAND NOW HENGYUAN ALSO HOLLAND REALLY KING OF HOLLANG

Posted by probability > 2022-09-12 23:55 | Report Abuse

yup, if cannot improve by learning...low IQ can also help to lift up like what happen in 2017 for wrong reasons...

e,g, next qtr shows cost of hedging reserve swinging to positive 0.5 billion..or oil price shooting up...many low IQ reason can pop up..

Posted by UlarSawa > Sep 12, 2022 11:53 PM | Report Abuse

Sometimes low IQ no matter how to improve just cannot improve leh. Haiyoh. Correct?

Posted by UlarSawa > 2022-09-12 23:56 |

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Posted by Mikecyc > 2022-09-12 23:57 |

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Posted by wailaidis > 2022-09-13 00:38 | Report Abuse

hmm...seems like my dream to catch at rm4 will not be achieved already...tomorrow needs to buy at higher price.

Posted by bullmarket1628 > 2022-09-13 06:18 |

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Posted by Sslee > 2022-09-13 07:19 | Report Abuse

The Board of Directors of Hengyuan Refining Company Berhad (“HRC” or the “Company”) is pleased to announce the Company’s financing plans based on formal agreements executed between the parties:

Establishment of an unrated medium term notes programme of up to RM5.0 billion in nominal value, which will be issued in tranches over a tenure of 30 years via bought deal or private placement, with AmInvestment Bank Berhad and Maybank Investment Berhad as the Joint Principal Advisers/Joint Lead Arrangers/Joint Lead Managers and Malaysian Trustees Berhad as the Trustee; and
Acceptance of multi-currency revolving credit (“RC”) facilities comprising of (i) USD RC facility of up to USD235.0 million and (ii) MYR RC facility of up to RM250.0 million offered by AmBank (M) Berhad, China Construction Bank Corporation, Labuan Branch and Malayan Banking Berhad.
Please refer to the attachment for the details of the announcement.

This announcement is dated 12 September 2022.

Very surprising some people did not know what is 30 year MTN/Bond, revolving credit and most likely they also do not know what is term loan, current account, saving account, fixed deposit and PP share subscription discount rate to 5 days weightage average market price.

I can walk in HSBC bank and the manager will ask me whether I would like to buy Bond issue by government or listed companies that give return better than FD rate. The bond nominal value USD 1.0 buy price is now USD 1.01 maturity 5 years and coupon rate 3.5% PA paid half yearly.

Posted by Mikecyc > 2022-09-13 07:36 |

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Posted by Mikecyc > 2022-09-13 07:37 |

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Posted by Mikecyc > 2022-09-13 07:38 |

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Posted by Mikecyc > 2022-09-13 07:51 |

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Posted by tehka > 2022-09-13 07:55 | Report Abuse

Diesel and jet fuel crack up again

Posted by Mikecyc > 2022-09-13 07:56 |

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Posted by steven223838 > 2022-09-13 08:16 | Report Abuse

good stock . price below RM 4.5 is a good bargain.

Posted by BobAxelrod > 2022-09-13 08:28 |

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Posted by Mikecyc > 2022-09-13 08:36 |

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Posted by Zhuge_Liang > 2022-09-13 08:57 | 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.

Posted by Zhuge_Liang > 2022-09-13 08:58 |

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Posted by Zhuge_Liang > 2022-09-13 08:59 |

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Posted by Sharewire > 2022-09-13 09:00 | Report Abuse

Hengyuan is hottest stock in bursa
All dog are here and puppy too q3
Hengyuan is ripe for success

Posted by Sharewire > 2022-09-13 09:03 | Report Abuse

Sayonara moneymaker,kyy
Eat your heart out

Posted by Sharewire > 2022-09-13 09:10 | Report Abuse

Moneymaker may lose your job !
He will not pay for rubbish.

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

You didn't know? MM was fired and now unemployed.
They have replaced her with a photocopy machine....just copy and paste! Much cheaper too.

Posted by UlarSawa > 2022-09-13 09:14 |

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Posted by UlarSawa > 2022-09-13 09:15 | Report Abuse

Really. Ada termination letter or not. Can post here. Haiyoh. Correct?

BobAxelrod

You didn't know? MM was fired and now unemployed.
They have replaced her with a photocopy machine....just copy and paste! Much cheaper too.

1 minute ago

Posted by Zhuge_Liang > 2022-09-13 09:15 |

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Posted by UlarSawa > 2022-09-13 09:15 | Report Abuse

Yesterday dry today wet. True also leh. My side raining very wet now. Haiyoh. Correct?


deMusangking

Yesterday: dry dry sad sad
Today: wet wet song song

What a feeling!

haha

7 minutes ago