Posted by UlarSawa > 2022-09-14 09:23 | Report Abuse

Ada orang kpkb leh. Only passing storm kah. Not typhoon kah. Haiyoh. Correct?

deMusangking

aiyoh! just a passing storm... so many already cry papa mama!!!

haha

5 minutes ago

Posted by UlarSawa > 2022-09-14 09:25 | Report Abuse

Typhoon mari refinery baru ada harga tinggi leh. Many at here pun ada cakap leh. Sekarang mana ada Typhoon. Boleh goggle kah. Haiyoh. Correct?

Posted by UlarSawa > 2022-09-14 09:28 | Report Abuse

No idea lah. Ular ingat sales revenue increased pasal selling price increased and volume increased coupled with better crackspread that contributed to HY last Explosive Result lah. Itu pun report tulis punya lah. Hedging loss is another issue lah. Purely look at the real numbers lah. Can HY repeat the high selling price and volume is the most important matter lah. Haiyoh. Correct?


qqq3333

so Hy export how much?

18 seconds ago

Posted by UlarSawa > 2022-09-14 09:29 | Report Abuse

Haiyoh correct lah. Ppl say typhoon over rainbow pun keluar lah. Haiyoh. Correct?


deMusangking

oppurtunities plentiful when got storm!
got some cheap here and there!!!
sure will get free ahmoing!!!
haha

2 minutes ago

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

Really. So bad taste use so low grade kah. No wonder pollute the world lah. Biden punya new energies policy pun baru mau start leh. Will the Angmoh change kah. Ular betting on US clean energy ctrs pun many at loss making leh. Haiyoh. Correct?

qqq3333

America use Ron 92.... this America is a developing country

6 minutes ago

Posted by UlarSawa > 2022-09-14 09:45 | Report Abuse

Retail gasoline stations in the United States sell three main grades of gasoline based on the octane level:

Regular (the lowest octane fuel–generally 87)
Midgrade (the middle range octane fuel–generally 89–90)
Premium (the highest octane fuel–generally 91–94)

Posted by UlarSawa > 2022-09-14 09:46 | Report Abuse

Their Premium only up to Ron 94. Walao Msia korang korang pun ada ron 95 leh. Haiyoh. Correct?

Posted by UlarSawa > 2022-09-14 09:52 | Report Abuse

Today VWap 4.60 only. Lower than yesterday leh. Ini macam still 4.20 to 4.80 leh. Someone must be very sad leh. Haiyoh. Correct?

Posted by UlarSawa > 2022-09-14 09:58 | Report Abuse

They mulut cakap other are polluters they are not leh. Double standard leh. Normal lah. Haiyoh. Correct?


qqq3333

they not scare of pollution meh?

4 minutes ago

Posted by UlarSawa > 2022-09-14 09:59 | Report Abuse

Of course they are poor leh. Debt berapa trillions you can read mah. Haiyoh. Correct?


qqq3333

America why so poor one?

6 minutes ago

Posted by UlarSawa > 2022-09-14 10:06 | Report Abuse

Cannot laugh at low IQ one leh. Mana tau you next time loss memory lagi worst than low IQ one leh. Siapa anak musang pun cannot remember leh. Haiyoh. Correct?

deMusangking

aiyoh! low IQ read pun tak guna! Tak bolih faham!!!

haha

2 minutes ago

Posted by UlarSawa > 2022-09-14 10:08 | Report Abuse

The proudest first world USA is top of the debt chart. Cannot afford to pay and increase in every second leh. Poor country only ada so high debt mah. Worst than Sri Lanka leh. Haiyoh. Correct?

https://www.usdebtclock.org/

Posted by dompeilee > 2022-09-14 10:10 | Report Abuse

Short-covering

Posted by miracle_trader > 2022-09-14 10:14 | Report Abuse

like i said,the bottom is in already, its gonna go up from here. US market big drop nothing to do with heng yuan, PE already so low, how low can it go.

Posted by BobAxelrod > 2022-09-14 10:16 | Report Abuse

MM said can drop to 3.00 or 4.00, so I queued at 4.00.....didn't bite....Maybe MM bought at 4.60 already.......

Posted by UlarSawa > 2022-09-14 10:17 | Report Abuse

Walao you traffic controller kah. Can suka suka change the light from amber to green kah. Haiyoh. Correct?

deMusangking

the traffic light is yellow now!!!!

4 minutes ago


deMusangking

so quick green!
wow!

4 minutes ago

Posted by UlarSawa > 2022-09-14 10:19 | Report Abuse

PE 1.50 to 2.0 mah. Mana ada low. Haiyoh. Correct?


miracle_trader

like i said,the bottom is in already, its gonna go up from here. US market big drop nothing to do with heng yuan, PE already so low, how low can it go.

4 minutes ago

Posted by UlarSawa > 2022-09-14 10:20 | Report Abuse

Haiyoh now green all keluar MHP. Tadi pagi red semua pun hiding in the cave. Haiyoh. Correct?

Posted by UlarSawa > 2022-09-14 10:20 | Report Abuse

Your bottom ada wet wet kah. Haiyoh. Correct?

deMusangking


miracle_trader@@
you saw the bottom? did you touch it?
sure sui sui?

haha

16 seconds ago

Posted by BobAxelrod > 2022-09-14 10:21 |

Post removed.Why?

Posted by UlarSawa > 2022-09-14 10:22 | Report Abuse

US strong not money flow to US meh. Haiyoh. Correct?

BobAxelrod

US currency is too strong. Higher Interest rate will make it stronger yet. Hot funds flowing into Asia...Putin said Westerner dead market. Time for Asia.

Tech stock already goreng hitam kacang ....

Oil stock still bolih tahan lama...energizer.....

Hibby Green....

HY green....

36 seconds ago

Posted by BobAxelrod > 2022-09-14 10:25 | Report Abuse

US high Inflation. Raising Interest rates kills investments....USD fund out flowing....into Asian cheaper currencies, double gain....cheap entry now and price profits later...Soros...

Posted by Zhuge_Liang > 2022-09-14 10:25 | 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.

Posted by UlarSawa > 2022-09-14 10:27 | Report Abuse

Like that kah. Really. Ular OKU dunno leh. Ada fund flow to Msia kah. Or money flow out cause poor MYR. Haiyoh. Correct?


BobAxelrod

US high Inflation. Raising Interest rates kills investments....USD fund out flowing....into Asian cheaper currencies, double gain....cheap entry now and price profits later...Soros...

9 seconds ago

Posted by UlarSawa > 2022-09-14 10:28 | Report Abuse

No new banner to hang kah. Selalu copy other ppl banner and make it your banner kah. Haiyoh. Correct?

Posted by Zhuge_Liang > 2022-09-14 10:31 |

Post removed.Why?

Posted by Sslee > 2022-09-14 10:31 | Report Abuse

US national debt nears $31 TRILLION for the first time ever and is still rising due to Joe Biden's semiconductor vow, student loan forgiveness and green plans... despite Covid spending halt
By Katelyn Caralle, U.S. Political Reporter For Dailymail.com
23:52 BST 12 Sep 2022 , updated 05:57 BST 13 Sep 2022

Posted by UlarSawa > 2022-09-14 10:31 | Report Abuse

HOPE analysis like Uncle Koon cakap one kah. Haiyoh. Correct?

Posted by BobAxelrod > 2022-09-14 10:32 |

Post removed.Why?

Posted by Zhuge_Liang > 2022-09-14 10:32 |

Post removed.Why?

Posted by UlarSawa > 2022-09-14 10:33 |

Post removed.Why?

Posted by BobAxelrod > 2022-09-14 10:34 |

Post removed.Why?

Posted by probability > 2022-09-14 10:36 | Report Abuse

ular, isnt borrowing is actually investment...investment with a stable return unlike volatile crack spread? haiyo, correct?


Posted by UlarSawa > Sep 14, 2022 10:33 AM | Report Abuse

Budget tak cukup pakai so borrow more and more. Mana can afford to pay leh. Poor country lah. Haiyoh. Correct?

Posted by Zhuge_Liang > 2022-09-14 10:37 |

Post removed.Why?

Posted by BobAxelrod > 2022-09-14 10:38 | Report Abuse

US needs a War somewhere in the world to sell more weapons........or sell more International Award Films......hahaha

Posted by UlarSawa > 2022-09-14 10:38 | Report Abuse

US can print money China pun follow also kah. Later Msia pun can print more money. lol. Correct?


BobAxelrod

USD no longer backed by Gold Standard....can print more....when both Houses approve Bills...spending like no tomorrow......

That's why Putin doesn't trust the bill saying "In God we Trust"

13 seconds ago

Posted by UlarSawa > 2022-09-14 10:39 | Report Abuse

How much they can sell weapon. In trillion kah. Haiyoh. Correct?


BobAxelrod

US needs a War somewhere in the world to sell more weapons........or sell more International Award Films......hahaha

20 seconds ago

Posted by probability > 2022-09-14 10:39 | Report Abuse

aiyo ular, only now you are asking such a critical question, this is what all my effort to enlighten everyone, haiyo correct?

Posted by UlarSawa > Sep 14, 2022 8:35 AM | Report Abuse

Is crackspread is the only variable that important until all also use it as the main variable to calculate refinery profit. Must be something else also right. Haiyoh. Correct?

Posted by UlarSawa > 2022-09-14 10:41 | Report Abuse

Bcos Ular OKU mah. You IQ so high leh. Tulis long thesis Ular pun take very long time to digest it leh. Haiyoh. Correct?

probability

aiyo ular, only now you are asking such a critical question, this is what all my effort to enlighten everyone, haiyo correct?

Posted by UlarSawa > Sep 14, 2022 8:35 AM | Report Abuse

Is crackspread is the only variable that important until all also use it as the main variable to calculate refinery profit. Must be something else also right. Haiyoh. Correct?

13 seconds ago

Posted by BobAxelrod > 2022-09-14 10:42 |

Post removed.Why?

Posted by probability > 2022-09-14 10:43 | Report Abuse

agree ular sawa of course digest slowly...but once its able to see the opportunity...he wont let go...

i must admit this ular IQ higher than everyone here

Posted by UlarSawa > Sep 14, 2022 10:41 AM | Report Abuse

Bcos Ular OKU mah. You IQ so high leh. Tulis long thesis Ular pun take very long time to digest it leh. Haiyoh. Correct?

Posted by BobAxelrod > 2022-09-14 10:44 | Report Abuse

Under the veiled "Borrowings" by Sri Lanka.....as investments?.......where are they now???

Posted by BobAxelrod > 2022-09-14 10:46 | Report Abuse

HY broke above 4.70....hope can stay...Gap between HY and PetronM has narrowed....good!

Posted by UlarSawa > 2022-09-14 10:46 | Report Abuse

Then why want war to continue leh. Cannot earn in trillion apa guna lah. Destroy the whole world kah. Spore high debt also have high reserve leh. Msia high debt but low reserve leh. uS lagi cham lor. Highest debt in 31 trillion but reserve only in 262 billion only leh. Poor country lah. Haiyoh. Correct?


BobAxelrod

Billions worth of weapons...to stay hand to mouth lor...... Their trillions of debts cannot be settle overnight mah.

Borrowings is not an investment.....

Countries may borrow to balance their National Budget....like Singapore with very high National Debt Ceilings....but for short term turnaround.

2 seconds ago

Posted by Goldberg > 2022-09-14 10:47 | Report Abuse

I fully agree. The bank's must have done their due diligence before approving the Massive MTN facility of RM5 billion. The Banks must have one thru ever nook, cranny, crevice, spread, hedge and even spread before giving their approval.

However I suspect Hengyuan has Overtraded.

The MTN approval must have saved Hengyuan's bacon.
------------------------------------------------------
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.

Posted by ValueInvestor888 > 2022-09-14 10:48 | Report Abuse

hy looks good today.

Posted by ValueInvestor888 > 2022-09-14 10:49 | Report Abuse

MM target price cannot achieve.

Posted by UlarSawa > 2022-09-14 10:49 | Report Abuse

Wake up lah. Bank only give temp revolving credit facilities 1.3bil to pay outstanding 1.5bil lah. The 5 bil notes itu bank only arrange investors to buy lah. At what coupon rate pun belum tau lah. Unrated one leh. Dont mislead ppl lah. Haiyoh. Correct?


Goldberg

I fully agree. The bank's must have done their due diligence before approving the Massive MTN facility of RM5 billion. The Banks must have one thru ever nook, cranny, crevice, spread, hedge and even spread before giving their approval.

However I suspect Hengyuan has Overtraded.

The MTN approval must have saved Hengyuan's bacon.

Posted by BobAxelrod > 2022-09-14 10:52 |

Post removed.Why?

Posted by BobAxelrod > 2022-09-14 10:53 | Report Abuse

White man cleaning our toilets?????