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 - 2.40

Trading Volume

91,300


33 people like this.

123,783 comment(s). Last comment by Vdhawan 1 day ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-01 11:05 | Report Abuse

Facts and figures so what. If cannot make money also useless lah. Haiyoh. Correct?

sharemarket21

1,894 posts

Posted by sharemarket21 > 2022-10-01 11:06 | Report Abuse

Obviously swearing is not allowed and restricted in I3 room policy. The I3 employees have been doing the best they could. It's the commenters aka cussers crossed the line. Again, why bother. Unknown ghost spammers.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-01 11:09 | Report Abuse

No experience can learn now lor. Next time then got experience lah. Not everyone also born at the same period mah. Part of learning process lah. Thats why Uncle Koon learnt alot already mah. Did you all learnt more than Uncle Koon or not. Not even a founder of amy listed company but many kutuk him everyday lagi tak malu leh. Haiyoh. Correct?


qqq3333

whole world in chaos, u got no experience, it's new experience

42 minutes ago

sharemarket21

1,894 posts

Posted by sharemarket21 > 2022-10-01 11:10 | Report Abuse

Must read all and do a goob job. Spot on everything.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-01 11:11 |

Post removed.Why?

sharemarket21

1,894 posts

Posted by sharemarket21 > 2022-10-01 11:18 | Report Abuse

So what can you do ? Dont come here if can't take the heat. Still everybody loves I3 public forum. Passing time, fishing, scamming and cussing. It's nothing but everything.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-01 11:29 | Report Abuse

No choice lah. Public forum lah. If you like lepaking can continue lah. If you like talk facts and figures can continue lah. If you like to curse and swear dont do it too often lah. Haiyoh. Correct?


sharemarket21

So what can you do ? Dont come here if can't take the heat. Still everybody loves I3 public forum. Passing time, fishing, scamming and cussing. It's nothing but everything.

8 minutes ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-01 11:30 | Report Abuse

Ada another one if you like to talk karma one dont do it at here lah. Why leh. You cannot decide other ppl karma one lah. Bcos you dont have the power to decide for them lah. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-01 11:32 | Report Abuse

One more. If you want to share life experience one you can do it lah. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-01 11:33 | Report Abuse

Another one. If you have good hobby can share one also can share lah. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-01 11:34 | Report Abuse

Most important one if you want to share your judi skill then you are most welcome lah. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-01 12:12 | Report Abuse

Woi. Baru cakap only dont too harsh lah. You kenapa tak faham lagi meh. Haiyoh. Correct?


kingoftradings

Otb, study tahi pampers john, probability zero gang all holland

25 minutes ago

Vicky

1,454 posts

Posted by Vicky > 2022-10-01 12:15 | Report Abuse

Be warned again and again. Fed aggresive rate hikes to fight inflation send a shockwave to equities trending down everyday. Those who stay and hold will definitely lost. Reduce portfolio or stay sideline till the dust settle down before re-entering any stocks. The dangers are very real and not bluff. Gurus who encourage to buy will soon cause massive lost to investors !

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-01 12:24 | Report Abuse

Buy or not is not guru decide one lah. You decide yourself one lah. No guru ada right to force other to buy leh. Not their money also leh. Haiyoh. Correct?


Vicky

Be warned again and again. Fed aggresive rate hikes to fight inflation send a shockwave to equities trending down everyday. Those who stay and hold will definitely lost. Reduce portfolio or stay sideline till the dust settle down before re-entering any stocks. The dangers are very real and not bluff. Gurus who encourage to buy will soon cause massive lost to investors !

7 minutes ago

sharemarket21

1,894 posts

Posted by sharemarket21 > 2022-10-01 12:55 | Report Abuse

Reveal your ID and start talking cusser. Coward because shameful of previous comments? Lots of learning here. Coward ? You can't even use certain words properly
here. Mirroring what you said. Don't be stubborn and must sell high next time or at least shouldn't buy during the few peaks. Not my fault.

Posted by StartOfTheBull > 2022-10-01 14:10 | Report Abuse

War maybe over but would sanctions against Russia be lifted?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-01 15:23 | Report Abuse

War not over even Putin looking so happy with the other 4 states of head shaking hand in the ceremony officially under Putin control. Biden increase futher sanction really dunno what else can Biden increase pun tak tau lah. Still have so many new sanction meh. For sure Biden will increase more weapons to Ukraine to capture back the lost land leh. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-01 15:26 | Report Abuse

The war just begin with Putin declaring he is defender not attacker now. He has the every right to defend Russia soil from Ukraine attack lah. He even will not hesitate to use Nuke or Chemical Weapon to defend the newly acquired land via referendum leh. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-01 15:28 | Report Abuse

Putin win mana ada lose now. Got newly acquired land by annexation leh. Total 5 already leh. Biden lost the war leh. Haiyoh. Correct?


qqq3333

Putin not going to lose.....biden not going to win

14 minutes ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-01 15:31 | Report Abuse

Trump so proud he said only he jadi president Russia dare not attack other country leh. True also leh. Bush time ada. Obama time ada. Biden time ada. Trump time takda. It show putin also scare of Trump leh. The best US president in the last 20yrs still Trump leh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-01 15:33 | Report Abuse

Ok ok. We wait 2 more Qtr ok lah. Q3 july to Sept already over leh. Left Q4 baru can see the sanction begin leh. Haiyoh. Correct?



probability

let us wait for the crack spread to collapse and russian sanction to begin in 2 months..

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-01 15:36 | Report Abuse

What is HY ratio for the 3 refined oil. Ular tak tau leh. Haiyoh. Boleh?


As of yesterday's closing:

30/09/2022
Gasoil crack spread: USD 43.661
Mogas92 crack spread: USD 1.652
Jet-fuel crack spread: USD 26.560

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-01 16:12 | Report Abuse

Gasoil crack spread: USD 43.661. 46%
Mogas92 crack spread: USD 1.652. 35%
Jet-fuel crack spread: USD 26.560. 7%

Refinery can earn money but earn so much like last Qtr still can or not. Like this you know what is HY percentage of hedging for the 3 refined oil and at what price. Hard to know the exact figure right. Correct?

Haiyoh. Correct?

stockwin

285 posts

Posted by stockwin > 2022-10-01 16:19 | Report Abuse

@ probability
"Expect the net change in Asset (asset - liabilities) to balloon to: RM 2,300,000,000

OCI net asset will be: (1.5 Billion) + 2.3 Billion
= 800 million
NTA will rise by RM 7 as a minimum :

can you elightened this part of your posting? TQVM

probability

14,463 posts

Posted by probability > 2022-10-01 16:51 | Report Abuse

i meant: as it was reported in Q1

Posted by probability > Oct 1, 2022 4:18 PM | Report Abuse X

at least 90% of the hedging instruments has to be gasoline, else OCI figures cannot be as it was reported in Q2 as the diesel and jet fuel crack had exploded by then...

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-01 17:09 | Report Abuse

Rm 6 plus referee not at here how to ask. You pun never ask mah. Siapa ada asked. Ingat pun dunno what to ask lah. You only know rm3.00 in the making after QR keluar also lah. Haiyoh. Correct?


MoneyMakers

Aiyoo only now supporter want question probability BS calculation

Should’ve question when price still high rm6++..now too late alrdy leh

1 minute ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-01 17:17 | Report Abuse

Sifu ada cakap Q2 ada alot of hedging loss pun kena kutuk and many sinkalan cakap sifu dunno anything about HY at all. After QR out semua pun sinkalan at here lah. Sifu pun malas mau come here pasal Sifu pun know you all sure cakap Sifu sinkakan lah. Now proven you all sinkalan more than Sifu lah. Siapa dulu cakap Sifu sinkalan one you know who you are lah. Siapa ada kutuk Sifu one boleh raise your hand kah. Ular want to know lah. Siapa kutuk sifu before one. Haiyoh. Correct?

probability

14,463 posts

Posted by probability > 2022-10-01 17:28 | Report Abuse

Other comprehensive income (OCI) for Q3 results:
.........................................

31/12/2021
Gasoil crack spread: USD 11.703
Mogas92 crack spread: USD 11.210
Jet-fuel crack spread: USD 10.456
Refining margin swap contracts Notional value: USD 280,487,000
Assets: RM 19,663,000
Liabilities: RM (187,074,000)

31/03/2022
Gasoil crack spread: USD 33.169
Mogas92 crack spread: USD 14.845
Jet-fuel crack spread: USD 22.131
Refining margin swap contracts Notional value: USD 291,009,000
Assets: RM 45,186,000
Liabilities: RM (339,510,000)

30/06/2022
Gasoil crack spread: USD 56.125
Mogas92 crack spread: USD 31.578
Jet-fuel crack spread: USD 41.964
Refining margin swap contracts Notional value: USD 226,945,000
Assets: RM 261,065,000
Liabilities: RM (1,751,332,000)

.....................

As of yesterday's closing:

30/09/2022
Gasoil crack spread: USD 43.661
Mogas92 crack spread: USD 1.652
Jet-fuel crack spread: USD 26.560

Expect the net change in Asset (asset - liabilities) to balloon to: RM 2,300,000,000

OCI net asset will be: (1.5 Billion) + 2.3 Billion
= 800 million

NTA will rise by RM 7 as a minimum
(before even considering earnings for Q3)

OTB

11,241 posts

Posted by OTB > 2022-10-01 17:52 | Report Abuse

Posted by kingoftradings > 6 hours ago | Report Abuse
Otb, study tahi pampers john, probability zero gang all holland
-----------
gemfinder, why someone attacks you and calls you whole family harm Kar charn in every posting you posted ?
Because of your bad mouth.
Continue to attack everyone here until your account is suspended.
This person will continue to attack you and you feel very proud.
That is the reason you are a failure in share investment.

I can afford to lose all money in Hengyuan, continue to attack me, I will never reply you because the worst I treat it as a write off only.

Did I attack you ?
Please be more gentleman, you will feel better.
You will continue to get curse if you do not stop your attack on everyone in I3.

OTB

11,241 posts

Posted by OTB > 2022-10-01 17:57 |

Post removed.Why?

MoneyMakers

7,496 posts

Posted by MoneyMakers > 2022-10-01 17:59 |

Post removed.Why?

MoneyMakers

7,496 posts

Posted by MoneyMakers > 2022-10-01 17:59 |

Post removed.Why?

MoneyMakers

7,496 posts

Posted by MoneyMakers > 2022-10-01 18:00 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-01 18:06 | Report Abuse

Stock: [HENGYUAN]: HENGYUAN REFINING CO BHD

2 months ago | Report Abuse

MM... and you shouting is actually sharing idea or opinion. you have never set foot in a refinery and want to project as if you are pro in refinery business? Haiya.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-01 18:10 | Report Abuse

Ular was wondering why sifu said MM is not a refinery man. Only baca buku oil man kah. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-01 18:12 | Report Abuse

Stock: [HENGYUAN]: HENGYUAN REFINING CO BHD

2 months ago | Report Abuse

probability, may I add one more thing for your info. HY don't use Brent crude which are selling at a premium. Hope that would give you some idea of whatever spread some people are calculating. That's it and will no longer comment on this. Best of luck. cheers.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-01 18:13 | Report Abuse

Stock: [HENGYUAN]: HENGYUAN REFINING CO BHD

2 months ago | Report Abuse

Hahaha... whatever lah MM. let the reader gauge. not for me to judge who has better understanding of oil business. I not sonego want to judge myself. anyway, I am no expert even having involve in oil business for 3 decades Nia. Wakaka.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-01 18:14 | Report Abuse

Stock: [HENGYUAN]: HENGYUAN REFINING CO BHD

2 months ago | Report Abuse

One last statement... refiner process more, what happen? surplus in product which will make the product cheaper and thus contribute to even less spread. lagi cepat chap lap. Wakaka.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-01 18:14 | Report Abuse

Stock: [HENGYUAN]: HENGYUAN REFINING CO BHD

2 months ago | Report Abuse

you can go and ask any friend in refinery lah. if the spread become too thin, will the refinery still be processing at maximum capacity or not. that... my friend... is the real scenario.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-01 18:15 | Report Abuse

Stock: [HENGYUAN]: HENGYUAN REFINING CO BHD

2 months ago | Report Abuse

now, we come back to the original topic. hengyuan... I would say they are not the best but there is an opportunity for trading. see... I say trading and not investing Hor. so be careful with that. if one want to invest, I would believe Petron would be a better choice. at least they don't need to send money back to their motherland. ada faham BOH? Haiya.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-01 18:16 | Report Abuse

Stock: [HENGYUAN]: HENGYUAN REFINING CO BHD

2 months ago | Report Abuse

Precisely. and what is the cost of producing the oil? free meh? you think producer can survive if the oil is selling around USD13/bbls? they will close their tap. same as refineries. low spread, they do maintenance, shutdown or better known as turnaround. Haiya.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-01 18:16 | Report Abuse

Stock: [HENGYUAN]: HENGYUAN REFINING CO BHD

2 months ago | Report Abuse

I have mentioned before... on this planet earth, the processing capacity or license to refine oil is around 88m barrels per day. you think this planet earth need 88m bbls per day or not? the refineries also can influence the oil price by processing more or less lah wei. not just the producer. sigh.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-01 18:18 | Report Abuse

Stock: [HENGYUAN]: HENGYUAN REFINING CO BHD

2 months ago | Report Abuse

That is why I said, you don't have any real idea of oil business lah. just because you read the book titled Oil business for dummies, does not make you an expert loh. Haiya.

Stock: [HENGYUAN]: HENGYUAN REFINING CO BHD

2 months ago | Report Abuse

talk to you also sai hei. just because you read some book titled Oil Business for Dummies, you can claim yourself as expert. you ask any oilman that has 40 years experience also dare not claim themselves as expert lah wei. Haiya.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-01 18:20 | Report Abuse

Ular wondering siapa kutuk Sifu until he gave up want to come here again leh. Must be someone selalu claimed he is an eggspurt in oil lah. Siapa tu. Haiyoh. Correct?

stockwin

285 posts

Posted by stockwin > 2022-10-01 18:24 | Report Abuse

@ probability

TQ for the explaination.

Zhuge_Liang

2,384 posts

Posted by Zhuge_Liang > 2022-10-01 18:26 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-01 18:27 | Report Abuse

Ppl nowadays dont hold stock long term leh. All want fast money leh. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-01 18:28 | Report Abuse



Ular dunno sifu talking to who leh. Thats why repost sifu post at here lah. Siapa sifu talking to. Ular want to know only. Haiyoh. Boleh?

probability

@ular, what happened to you? all this postings like no meaning...

what u are trying to convey...?

6 minutes ago

sharemarket21

1,894 posts

Posted by sharemarket21 > 2022-10-01 18:35 | Report Abuse

It's 4.21 and factual. Bash all you want especially those who made strong comments repeatedly about the share price performance from 7 to 4. If you cannot accept the backfire then dont comment garbage in public. Do private room or PM and keep all your nonsense there. The same to the other side, get lost if this thing back to 6 or 7 above one day. That's how it works here. Play by the rules. It doesn't matter whether it's through yelling, nice and gentle scamming, nonsense figures or spitting out the next day. The current share price determine who is the biggest fool in stock investment and this room. It's rather too late now. Chances are quite slim. Must cash out every quick spike. Gloves and steel sector are not a good lesson for all ? Massive paper losses and no signs of making back.

sharemarket21

1,894 posts

Posted by sharemarket21 > 2022-10-01 18:56 | Report Abuse

Reveal your ID and only we can communicate properly. You are one of the highly educated commenter here but flopped big time. That's all you can do for now. Ghost spamming.

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