HENGYUAN REFINING COMPANY BERHAD

KLSE (MYR): HENGYUAN (4324)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

2.72

Today's Change

+0.01 (0.37%)

Day's Change

2.71 - 2.74

Trading Volume

173,200


33 people like this.

123,769 comment(s). Last comment by jomvalueinvest2 20 hours ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-22 08:12 | Report Abuse

Bnm need to raise rate leh. Else money flow out. Rm5 in the making leh. Haiyoh. Correct?



BobAxelrod

Malaysian BNM might stay OPR......only koboi needs strong Dollar to fight Oil price. If recession is brought in by high inflation, DJi climb like no tomorrow meh???

9 minutes ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-22 08:14 | Report Abuse

Depend on bila it can spike leh. Ular dunno lah. Asking forum no one can reply ular question pun. Haiyoh. Correct?


BobAxelrod

I only have eyes on C24.......HY mother should at least break 5.00 and above.......and C24??? Still stay at 6c??........Oopss....no more 6c, it's 7c and moving up....

31 seconds ago

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-10-22 08:16 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-10-22 08:18 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-10-22 08:19 | Report Abuse

That's why the foundation is now being build by moving up slowly........this time it should move higher but not drop so drastically back to 4.03 (maybe can say 4.00??)

But another LU would be a Bonus......(doubtful)

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-22 08:21 | Report Abuse

Burden even more if rm 5.00 leh. Buying power is lesser leh. Later minum teh tarik roti canai naik harga lagi leh. Haiyoh. Boleh like this meh. Haiyoh. Correct?


BobAxelrod

BNM cannot afford to burden public and borrowers with higher rates. Malaysia is small country and with plentiful resources. Higher rates might not mean stronger Ringgit too since we do not Trade internationally with Ringgit. FDI into USD is higher with conversion rate and not directly into pumping of Ringgit. Only local Banks has benefits with higher OPR.

2 minutes ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-22 08:25 | Report Abuse

Ideally is like this. But how many really think like you is important leh. Got suiyee so naive again or not. Haiyoh. Correct?


BobAxelrod

HY should start the climb in 2-3 weeks and before QR......otherwise, bad results. The News always attract the price earlier than the actual News.

5 minutes ago

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-10-22 08:25 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-10-22 08:28 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-10-22 08:31 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-10-22 08:32 | Report Abuse

Gogogo Hibby!!!!

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-10-22 10:06 |

Post removed.Why?

i3lurker

13,607 posts

Posted by i3lurker > 2022-10-22 11:54 | Report Abuse

is that how you calculate European warrants ?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-10-22 11:59 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-22 12:32 |

Post removed.Why?

i3lurker

13,607 posts

Posted by i3lurker > 2022-10-22 12:39 | Report Abuse

Bob

what does the Deed say?
is it last 2 weeks or last 1 week?

btw sex firm never gamble, gamble is you.
the proceeds from the sale of European warrants plus gain on mother shares will more than cover payments post expiry, if any

usually sex firms do it as part of Guaranteed return scheme on timed investments
That means sex firm will dump HRC last 2 weeks before expiry to return Principal Sum to investor.

European warrants is supposed to be hedging for sex firm to return Principal Sum to investor.
its gambling for market players

Heads => sex firms win from Gain on Disposal of HRC shares to return investment
Tails => sex firms win coz already collected issue money and sale money of European Warrants

Sex firms can take 70-80% of profits and Investor take balance

its always easier to take RM10 million and plunk to sex firm and they will run European warrants to give you the 20-30% resulting profits

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-10-22 12:40 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-10-22 12:43 |

Post removed.Why?

i3lurker

13,607 posts

Posted by i3lurker > 2022-10-22 12:46 | Report Abuse

many without knowledge always claim sex firm cheat by dumping mother last 2 weeks.

=> I see this ignorant newbie statement all the time here.
actually SC already approved dumping of Mother to return Principal Sum to Investor

Question is actually => Will the dumping of Mother result in drop price below 4.15?

actually sex firm dun care about price, sex firm made Guaranteed Profits, its just to return Principal.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-10-22 12:50 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-10-22 12:53 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-22 12:54 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-10-22 12:55 |

Post removed.Why?

i3lurker

13,607 posts

Posted by i3lurker > 2022-10-22 12:56 | Report Abuse

European warrants are just Fixed Deposits where general public pay the interest to rich Investor

example Dragon being a conman takes FD money from rich gf but has no money to pay interest but his father left him some Genting shares.

so Dragon can set up a Genting European Warrant to fund his interest payments to gf.
upfront Dragon already can guarantee his interest payments to rich gf from selling IPO

on expiry got money no money only Mr Nobody cares coz Dragon dun care since took interest money to pay gf.

and that Mr Nobody are all those who bought the European warrants from Dragon.

hope this is useful to you.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-22 12:56 | Report Abuse

Dont speculate other ppl holding leh. If you really want to share pls share your holding lagi practical lah. You know your C24 qty mah. Why so susah kira orang punya duit lah. Kira your own one kan senang lah. Haiyoh. Correct?



BobAxelrod

The EXAMPLE for SecretService is 4.15 as buffer safe zones since his CW are all FREE.

But for those who didn't execute the earlier gains, it's 4.75

And IB need to press down below this price.

On the other hand, HY with extraordinary profits is worth less than 5.00???

1 minute ago

i3lurker

13,607 posts

Posted by i3lurker > 2022-10-22 12:58 | Report Abuse

Bob

did LOOngKang Kat buy Company Warrants or European Warrants?

there is no maybe or I think so in this sex firm business
its either yes or no

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-10-22 13:02 | Report Abuse

No, Serba Warrants were free and attached to RI, she said. Expiry in 2024........SD most likely delisted in Jan 2023. Liquidation process in progress.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-22 13:03 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-10-22 13:05 | Report Abuse

Ular, he's clarifying the Company Warrants and European Warrants....hehehe

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-22 13:06 | Report Abuse

Give goodies is to make sure shareholders subscribe the RI only leh. Msia standard leh. No goodies no one want to pay for the RI leh. Thats the Msian thinking leh. Haiyoh. Correct?


BobAxelrod

No, Serba Warrants were free and attached to RI, she said. Expiry in 2024........SD most likely delisted in Jan 2023. Liquidation process in progress.

2 minutes ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-22 13:09 | Report Abuse

Got meh. Langsung tak faham at all leh. Worst than Cafe Boss c macai punya bangla ingeris leh. Haiyoh. Correct?


BobAxelrod

Ular, he's clarifying the Company Warrants and European Warrants....hehehe

1 minute ago

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-10-22 13:10 |

Post removed.Why?

i3lurker

13,607 posts

Posted by i3lurker > 2022-10-22 13:10 | Report Abuse

Bob

sex firm usually throw down Mother shares at expiry, like hot cakes burning fingers, its properly hedged this way.
Risk Management Officers will NOT allow it otherwise.
BNM will classify as risk assets if sex firm has insufficient mother shares to balance out those European warrants.

=> becoz of this, no sex firm will run European Warrants without Mother shares

always remember that General Public pays interest to Fat Cat Investor in the mechanics of European Warrants

its always easier to be the Fat Cat Investor than Mr Nobody

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-10-22 13:14 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-10-22 13:17 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-10-22 13:19 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-22 13:21 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-22 13:22 | Report Abuse

Referee not at here that time leh. Dunno leh. Haiyoh. Correct?


BobAxelrod

At last LU, mother at 6.05, SecretService was able to sell off C24 at 20c, althought it went to 25c......Haiyoh...correct??

2 minutes ago

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-10-22 13:23 | Report Abuse

I dare not imagine what this TP would do to C24.....laughing all the way to the Bank....

Posted by UlarSawa > 1 minute ago | Report Abuse

Who say SSLee takda TP leh. After listened to Suiyee Auditor PE on global refinery he requested referee to chg his PE to 5.5 leh. Referee accepted his request leh. Work out the PE 5.5 you will know very much higher than rm5.00 leh. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-22 13:24 | Report Abuse

If really can make money why warrant holders tak mau convert leh. Convert lah. Haiyoh. Correct?


BobAxelrod

Not exactly, some are really profitable......TRUE fact......--->>>

Year 2020-2021, all 695,396,809 New & Free Detachable Warrants of DNEX in relations to RI, Special Issue & Acquisitions were fully CONVERTED at 50c each.....

Mother Dx shares were trading at 83c..............

12 minutes ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-22 13:27 |

Post removed.Why?

i3lurker

13,607 posts

Posted by i3lurker > 2022-10-22 13:30 | Report Abuse

Bob
European Warrants always like this ... --- ...
Fat Cat Investor got Guaranteed Interest
Fat Cat Sex Firm got Guaranteed Profits, maybe even more at expiry

=> Mr Nobody hauls live chicken to cemetery at full moon to perform his usual thingy

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-10-22 13:31 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-10-22 13:32 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-22 13:35 | Report Abuse

Wei how can you say bad QR openly leh. Harga macam mana mau naik ini macam leh. Haiyoh. Correct?


BobAxelrod

Lurker, HY Q3 profits if bad.....Mr Nobody can help us....hahaha

No need to wait for Q4......

2 minutes ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-10-22 13:37 | Report Abuse

Last QR eps 222 so excellent also harga turun. You cakap bad QR then mampus lah. Die Die also cannot say bad QR leh. Haiyoh.. Correct?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-10-22 13:37 | Report Abuse

It's worst case scenario mah.....also not worried since C24 now FREE......

i3lurker

13,607 posts

Posted by i3lurker > 2022-10-22 13:37 | Report Abuse

Bob
lets calculate sslee cheque amount from sex firm

say 1,000,000 European warrants, 10 to 1 @ 4.15

so if 5.15 (unlikely)

1,000,000 X 1/10 => 100,000 mother at 5.15

profits = 100,000 X [5.15-4.15=1.00] => RM100,000.00

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-10-22 13:38 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-10-22 13:39 |

Post removed.Why?

Post a Comment