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.

123,784 comment(s). Last comment by yongyong88 17 hours ago

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-13 14:11 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-13 14:15 |

Post removed.Why?

Sslee

5,587 posts

Posted by Sslee > 2022-09-13 14:16 | Report Abuse

In 2020 HRC made derivatives gain of RM 1,124,316,000 and PAT of RM 250,983,000

Petrtonm Q2 2022.
Derivatives realised loss: RM 207,862,000 cumulative 6 months RM 437,873,000.
Unrealised loss: RM 166,799,000

Outstanding commodity swaps: contract nominal value: RM 223,845,000.

Perhaps our very panlai stockraider can explain why with only commodity swaps nominal value of RM 223,845,000 can result in unrealised derivatives loss of RM 166,799,000 (75%)?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-13 14:18 |

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BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-13 14:19 |

Post removed.Why?

MoneyMakers

7,496 posts

Posted by MoneyMakers > 2022-09-13 14:20 | Report Abuse

BobbiAxelBoi I dont think u fully understand what OD is

U dont even know HY 1.3Bil is REVOLVING credit @ means include OD+ Doc Credit

U think revolving credit = just documentary credit issit aiyoyo

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-13 14:22 | Report Abuse

Don't waste my time.....

sharemarket21

1,894 posts

Posted by sharemarket21 > 2022-09-13 14:33 | Report Abuse

Everyone can thrash talk and lay out everything here. This is to prove a point that the unverified factual, what nonsense cracking numbers and myth in street wet market room will lead the investors or traders perception fulfilling the supply and demand in the stock market. It's future and forward looking of the company and stock price movement. Just do not act sore when the current share price has landed and telling us our intelligent level. Also do not follow the few cult followers cracking what nonsense figures and roasted for long and still roasting until now in self denial mode. Your loss is my potential gain. Period.

sharemarket21

1,894 posts

Posted by sharemarket21 > 2022-09-13 14:41 | Report Abuse

Whatever dude. Just learn how and when to sell and don't be stubborn. That is how we squeeze and make from your paper loss.

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-13 14:55 |

Post removed.Why?

dompeilee

11,888 posts

Posted by dompeilee > 2022-09-13 14:57 | Report Abuse

A little regret that I didn't re-purchase more @ 4.48 the other day

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-13 15:05 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-13 15:08 | Report Abuse

Disregarded....baseless and uninformative....

probability

14,463 posts

Posted by probability > 2022-09-13 15:08 | Report Abuse

refer page 130 of 2021 annual report

Posted by qqq3333 > Sep 13, 2022 3:06 PM | Report Abuse

this possibility just a goreng kaki............lol.........

what is this USD 12.70 thing? and USD 9.10 thing?........ u got all their contracts meh?

Mikecyc

45,534 posts

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

Warren Buffett: Long-term Bonds Are Terrible InvestmentsYouTube ·

Zhuge_Liang

2,384 posts

Posted by Zhuge_Liang > 2022-09-13 15:12 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-13 15:23 | Report Abuse

Haiyoh semalam debate the loan until now and the end result is HY green a few sen only. No limit up at all. If so good why no limit up leh. Why only limited up leh. Haiyoh. Correct?

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-13 15:23 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-13 15:25 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-13 15:27 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-13 15:27 | Report Abuse

VWap turun from morning 4.68 to 4.65 leh. Why not up meh. TA cakap good good pecah 4.71 sure will fly one leh but why still cannot pecah rm4.80 lagi meh. TA failed kah. Haiyoh. Correct?

dompeilee

11,888 posts

Posted by dompeilee > 2022-09-13 15:27 | Report Abuse

KYY no better than Najib & Rosmah...organize a goreng syndicate from 7.60 to 19.20 in 2017...then DUMP onto naive newbies even as he promote kuat2 when he was already selling...

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-13 15:27 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-13 15:28 | Report Abuse

How ular can cutwin if takda judi at all leh. Use common sense leh. IQ low than Ular kah. You tak faham ingeris kah. Haiyoh. Correct?


BobAxelrod

Simple reason mah...building foundation, stronger footings....broad base.....

May I ask then why up 5c and not down 10c leh?...that way ular very hepi lor....nearer to 4.20 can cut win....hahaha....just joking.

1 second ago

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-13 15:29 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-13 15:29 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-13 15:31 | Report Abuse

Betul, betul ular tak judi naik, just reverse judi je.........judo.....

Posted by qqq3333Lovee > 2022-09-13 15:39 | Report Abuse

qqq3333=qqq3333Love=qqq3333Lovee
I am KYY macai . I ask my mother to FCUK kyy.I just spam

qqq3333Love

qqq3333令人印象深刻的国际故事库带来了恐怖的遭遇。qqq3333高概念故事的中心是Pro^bability,它通过UlarSawa将食物送到Sslee的每个楼层。
那些像诸葛亮一样在顶层的人抢到了最好和最丰富的食物,当Share^Wire往下走的时候,这些食物就被吞噬了。
qqq3333的评论声响彻这个乌托邦式的BobAxelrod故事,它一路走到底部,令人震惊,偶尔也会出现可怕的转折。

3 minutes ago

Posted by qqq3333Lovee > 2022-09-13 15:39 | Report Abuse

qqq3333Lovee

qqq3333=qqq3333Love=qqq3333Lovee
I am KYY macai . I ask my mother to FCUK kyy.I just spam

qqq3333Love

qqq3333令人印象深刻的国际故事库带来了恐怖的遭遇。qqq3333高概念故事的中心是Pro^bability,它通过UlarSawa将食物送到Sslee的每个楼层。
那些像诸葛亮一样在顶层的人抢到了最好和最丰富的食物,当Share^Wire往下走的时候,这些食物就被吞噬了。
qqq3333的评论声响彻这个乌托邦式的BobAxelrod故事,它一路走到底部,令人震惊,偶尔也会出现可怕的转折。

3 minutes ago

0 seconds ago


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MTRONIC

0.025

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CSH

0.04

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81,861,700

AIMFLEX

0.15

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57,637,600

MYEG

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IMPIANA

0.02

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48,826,200

CYPARK

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45,377,600

PASUKGB

0.015

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SNS

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HSI-CJN

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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....

Read More

Posted by qqq3333Lovee > 2022-09-13 15:39 | Report Abuse

qqq3333Lovee

qqq3333=qqq3333Love=qqq3333Lovee
I am KYY macai . I ask my mother to FCUK kyy.I just spam

qqq3333Love

qqq3333令人印象深刻的国际故事库带来了恐怖的遭遇。qqq3333高概念故事的中心是Pro^bability,它通过UlarSawa将食物送到Sslee的每个楼层。
那些像诸葛亮一样在顶层的人抢到了最好和最丰富的食物,当Share^Wire往下走的时候,这些食物就被吞噬了。
qqq3333的评论声响彻这个乌托邦式的BobAxelrod故事,它一路走到底部,令人震惊,偶尔也会出现可怕的转折。

3 minutes ago

0 seconds ago


Post a Comment
Featured Posts
1

MQ Trader

Explore Opportunities for 22/23, Enjoy RM100 Cashback and More!

2

I3investor

I3investor - Meet the new I3investor...

3

MQ Trader Announcement!

MQ Trader - Introduction to MQ Trader Affiliate Program

MQ Trading Signals
Time

Signal

Duration

Type

2022-09-13 15:01:03

EMA 5

Hourly

BUY

2022-09-13 09:30:10

EMA 5

30 Mins

BUY

More Trading Signals
Apps

MQ Chat
Send individual or group chats with anyone on i3investor


MQ Trader
Earn MQ Points while trading with MQ Trader


MQ Affiliate
Earn side income from Affiliate Program


MQ Academy
Online learning and teaching marketplace


Top Articles
1

Koon Yew Yin's Blog

Hengyuan's support is broken - Koon Yew Yin

2

Koon Yew Yin's Blog

Hibiscus will report reduced profit - Koon Yew Yin

3

Koon Yew Yin's Blog

Tax the rich to help the poor - Koon Yew Yin

4

Malaysia Election Year

Bursa and Malaysia Politics related counters before GE

5

Kenanga Research & Investment

Oil & Gas - 2QCY22 Results: Getting More Well-Oiled

6

AmInvest Research Reports

Gloves - Still impact by declining ASP and higher opex

7

Good Articles to Share

Global food supply faces fresh turmoil with rice prices set to climb

8

Good Articles to Share

Four go on trial for graft over Cyprus passports scheme

Hot Stocks Today

Active
Gainers
Losers
Stock Name

Last

Change

Volume

MTRONIC

0.025

-0.005

221,524,800

CSH

0.04

-0.005

81,861,700

AIMFLEX

0.15

+0.02

57,637,600

MYEG

0.88

+0.025

55,377,800

IMPIANA

0.02

-0.005

48,826,200

CYPARK

0.415

+0.065

45,377,600

PASUKGB

0.015

0.00

37,322,800

SNS

0.28

0.00

32,973,000

HSI-CJN

0.255

-0.045

30,952,300

EAH

0.01

0.00

29,818,300

More active Stocks
Featured Advertisers / Partners



Top Brokers >
1


Affin Hwang

2


AmEquities

3


Rakuten Trade

4


Hong Leong Bank

5


Kenanga

Books Review >

Ride The Bull Short The Bear
CS Tan

4.9 / 5.0


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....

Read More

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-09-13 15:40 |

Post removed.Why?

Posted by qqq3333Lovee > 2022-09-13 15:41 | Report Abuse

KYY says the only way to fight BANGKALA is to spam like them
KYY macai sharemarket21 MOTHER is FcuKING WITH kyy
sharemarket21 wife suk Jerichomy lan chio
MoneyMakers chow pu ki no body wants her
Ham ka cha rn to KYY qqq3333 and sharemarket 21

Posted by qqq3333Lovee > 2022-09-13 15:42 | Report Abuse

qqq3333Lovee

KYY says the only way to fight BANGKALA is to spam like them
KYY macai sharemarket21 MOTHER is FcuKING WITH kyy
sharemarket21 wife suk Jerichomy lan chio
MoneyMakers chow pu ki no body wants her
Ham ka cha rn to KYY qqq3333 and sharemarket 21

Posted by qqq3333Lovee > 2022-09-13 15:42 | Report Abuse

qqq3333Lovee

KYY says the only way to fight BANGKALA is to spam like them
KYY macai sharemarket21 MOTHER is FcuKING WITH kyy
sharemarket21 wife suk Jerichomy lan chio
MoneyMakers chow pu ki no body wants her
Ham ka cha rn to KYY qqq3333 and sharemarket 21

Posted by qqq3333Lovee > 2022-09-13 15:42 | Report Abuse

qqq3333Lovee

KYY says the only way to fight BANGKALA is to spam like them
KYY macai sharemarket21 MOTHER is FcuKING WITH kyy
sharemarket21 wife suk Jerichomy lan chio
MoneyMakers chow pu ki no body wants her
Ham ka cha rn to KYY qqq3333 and sharemarket 21

Posted by qqq3333Lovee > 2022-09-13 15:42 | Report Abuse

qqq3333Lovee

KYY says the only way to fight BANGKALA is to spam like them
KYY macai sharemarket21 MOTHER is FcuKING WITH kyy
sharemarket21 wife suk Jerichomy lan chio
MoneyMakers chow pu ki no body wants her
Ham ka cha rn to KYY qqq3333 and sharemarket 21

Posted by qqq3333Lovee > 2022-09-13 15:42 | Report Abuse

qqq3333Lovee

KYY says the only way to fight BANGKALA is to spam like them
KYY macai sharemarket21 MOTHER is FcuKING WITH kyy
sharemarket21 wife suk Jerichomy lan chio
MoneyMakers chow pu ki no body wants her
Ham ka cha rn to KYY qqq3333 and sharemarket 21

sharemarket21

1,894 posts

Posted by sharemarket21 > 2022-09-13 15:45 | Report Abuse

No point keep cussing and learn how and when to sell dude. It's the same group and your cult members lead you to this state.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-13 15:45 | Report Abuse

Dont blame Uncle Koon lah. He is StockGod mah. If dont have 2017 record high how to declared him as StockGod leh. Many also using Uncle Koon name belakang promote together lah. And everyone only blame Uncle Koon alone. Many at here jadi millionaire bcos of Uncle Koon leh. Those are so called gentleman lah. Get good karma one. Uncle Koon get bd karma kah. Very kesian Uncle Koon leh. Now pun ada Cafe Boss macai stalking Uncle Koon at here leh. Haiyoh. Correct?

dompeilee

KYY no better than Najib & Rosmah...organize a goreng syndicate from 7.60 to 19.20 in 2017...then DUMP onto naive newbies even as he promote kuat2 when he was already selling...

2 minutes ago

8 minutes ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-13 15:48 |

Post removed.Why?

probability

14,463 posts

Posted by probability > 2022-09-13 15:52 | Report Abuse

Q3 - Rock bottom EPS analysis (using lowest possible average crack spread during the period)
.........................

Using extreme conservative scenario where 50% of HY throughput is hedged where they will only reflect hedge margin at extra low 10 USD/brl, with the balance free to capture market margin

1. Diesel at 46% yield, cracks USD 42/brl

www.tradingview.com/symbols/NYMEX-GZ1!/

2. Jet fuel at 7% yield, cracks USD 30/brl

www.tradingview.com/symbols/NYMEX-ASD1!/

3. Gasoline at 35% yield, cracks USD 7/brl

www.tradingview.com/symbols/NYMEX-D1N1%21/
www.tradingview.com/symbols/NYMEX-SMU1!/

3. Rest of product yield at 12%, using Mogas 95 cracks USD 7/brl

Gross profit from (Hedged) portion:
..............................

= (10.7 million x 50%) x (10 USD/brl) x (MYR 4.5/USD)
= 240 million MYR .....(1)



Gross profit (UN-HEDGED) portion:
............................

Refining margin/brl:

= (0.46 x 42) + (0.07 x 30) + (0.35 x 7) + (0.12 x 7)
= (19.3 + 2.1 + 2.5 + 0.8)
= US $ 24.7 / brl

Gross profit:
= (10.7 million x 50%) x (24.7 USD/brl) x (MYR 4.5/USD)
= 594 million MYR ......(2)



Total gross profit (1) + (2)
= 240 + 594
= 834 million MYR

PBT = 734 million
PAT = 557 million
EPS = 1.85

probability

14,463 posts

Posted by probability > 2022-09-13 15:53 | Report Abuse

THE ABOVE IS THE SAFEST LOW END ESTIMATE FOR Q3 RESULTS

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-13 15:54 | Report Abuse

Haiyoh getting more are playing broken records leh. Forum cannot like this mah. Always occupy the last post with broken record one kah. Scare no one see your broken record kah. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-13 15:55 | Report Abuse

So what PE to use for QR leh. Haiyoh. Correct?


probability

THE ABOVE IS THE SAFEST LOW END ESTIMATE FOR Q3 RESULTS

1 minute ago

Zhuge_Liang

2,384 posts

Posted by Zhuge_Liang > 2022-09-13 16:00 | 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.
Good luck and may god bless you always.

Zhuge_Liang

2,384 posts

Posted by Zhuge_Liang > 2022-09-13 16:00 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-09-13 16:01 | Report Abuse

Haiyoh keep playing broken record lagi kah. Haiyoh. Correct?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-09-13 16:04 |

Post removed.Why?

probability

14,463 posts

Posted by probability > 2022-09-13 16:05 | Report Abuse

@MM.

your lay man theory is wrong, as they have hedged till 2024

9 million barrels of hedged instruments cannot expire within 3 months

if that happens, Q2 would have reported EPS as if its 100% hedged at 12 USD/brl margin but they reported above 25 USD/brl

1 QTR revenue is 10 million barrels

that should be simple common sense to layman...

VincentTang

1,203 posts

Posted by VincentTang > 2022-09-13 16:07 | Report Abuse

HengYuan kasi limit up today.

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