Posted by brightsmart > 2022-11-01 09:46 | Report Abuse

sslee........malaysia is a subsidised regime...............if this HY makes super profits from the government formulas and tax payers money, PH will organise a big protest /demonstration and force the government to change the formula. ....................... aren't u a PH member? aiyoyo why buy HY? cw some more.......so capitalist.

Posted by brightsmart > 2022-11-01 09:48 | Report Abuse

I like China..........................corporations to serve the country not the other way round.

Posted by Sslee > 2022-11-01 09:54 | Report Abuse

LGE say abolished NS highway toll. You believe him?

Posted by Zhuge_Liang > 2022-11-01 09:55 | Report Abuse

The Super bull run on Hengyuan in 2017 was started on 2/11/2017 before Q3 2017 result released.
Will history repeats itself in 2022 ?
The earning in Q3 2022 will definitely better than the earning in Q3 2017.
Hope for the best.

Posted by brightsmart > 2022-11-01 09:56 | Report Abuse

Sslee

LGE say abolished NS highway toll. You believe him?
======

no la

Posted by kebling98 > 2022-11-01 09:58 | Report Abuse

Opposition got so much power ah?
Government will listen to opposition keh?

D1N1 lagi? Msia car still use ron 92?
46%+ of refined product is diesel
8%+ jet fuel
26%+ is mogas 95/97
0% is 92

Posted by brightsmart > 2022-11-01 09:58 | Report Abuse

Sorry but we don't have deep impressive thinkers in the political scene,..
We need one.
I believe everyone in the China politburo are impressive deep thinkers.
In the case of China, one of the biggest task of the party is to find a way to give meaning and form to what is meant by Chinese modernity

Antony loke is a very impressive guy. More so than Lim guan eng but whether Anthony Loke can make a difference it's still too early to tell.

Posted by Sslee > 2022-11-01 10:03 | Report Abuse

Malaysians will no longer have to travel to Singapore in search of work if Pakatan Harapan comes to power, according to DAP national vice-chairperson Nga Kor Ming.
Speaking at a fundraising dinner in Muar, Johor, last night, he claimed Harapan would boost the nation’s economy to the point that Singaporeans would flock to Malaysia for employment instead.

DAP is worst than NATO. Period.

Posted by UlarSawa > 2022-11-01 10:07 |

Post removed.Why?

Posted by UlarSawa > 2022-11-01 10:08 |

Post removed.Why?

Posted by VincentTang > 2022-11-01 10:15 | Report Abuse

Crack spread big drop today
https://www.tradingview.com/symbols/NYMEX-D1N1%21/
https://www.tradingview.com/symbols/NYMEX-GOC1%21/

Posted by Mikecyc > 2022-11-01 10:21 |

Post removed.Why?

Posted by UlarSawa > 2022-11-01 10:22 | Report Abuse

Haiyoh drop more leh. Correct?


VincentTang

Crack spread big drop today
https://www.tradingview.com/symbols/NYMEX-D1N1%21/
https://www.tradingview.com/symbols/NYMEX-GOC1%21/

4 minutes ago

Posted by i3lurker > 2022-11-01 10:24 |

Post removed.Why?

Posted by MoneyMakers > 2022-11-01 10:28 | Report Abuse

Mogas crack officially (-negative) for whole month Oct

P/s: everyday no volume - totally dependant syndicate pump&dump

Posted by Sslee > 2022-11-01 10:48 | Report Abuse

MM so whole month mogas crack negative will mean how much realised refining margin swap contracts gain to HRC?

Posted by Sslee > 2022-11-01 10:52 | Report Abuse

And by the way, your pending’ 1.07Bil hedging loss nxt QR' will become how many hundred millions hedging gain nxt QR.

Posted by Mikecyc > 2022-11-01 10:59 |

Post removed.Why?

Posted by i3lurker > 2022-11-01 11:00 |

Post removed.Why?

Posted by MoneyMakers > 2022-11-01 11:03 |

Post removed.Why?

Posted by Sslee > 2022-11-01 11:04 | Report Abuse

In 2020 HRC derivatives gain is RM 1,124,316,000.

Posted by Mikecyc > 2022-11-01 11:06 |

Post removed.Why?

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

MM are you saying HRC selliing diesel at loss?

Posted by Jerichomy > 2022-11-01 11:12 |

Post removed.Why?

Posted by Sslee > 2022-11-01 11:15 | Report Abuse

If HRC selling gasoil on 28/10/22 at USD 137.52 per barrel, what will be the operating profit?

NYMEX Singapore GASOIL PLATTS Futures - (SGBc1)
CME
Add to Watchlist

137.52
+0.13
(+0.10%)
28/10

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

Year, Average Closing Price , Year Open , Year High

2022 $97.35 $76.08 $123.70
2021 $68.17 $47.62 $84.65
2020 $39.68 $61.17 $63.27

Posted by i3lurker > 2022-11-01 11:30 | Report Abuse

Yes company got few billions. ... .
so what?
All know that even if the company has got 1,000 Trillions, no minority shareholder can even smell it.
Smells are not free, just like air is expensive.

Posted by Sslee > 2022-11-01 11:36 | Report Abuse

i3lurker,
Should I exercise my right to vote in GE15? And what to vote for?

Posted by UlarSawa > 2022-11-01 11:49 | Report Abuse

Haiyoh HY 4.27 C24 only 5.5sen leh. Haiyoh. Correct?

Posted by UlarSawa > 2022-11-01 11:51 |

Post removed.Why?

Posted by UlarSawa > 2022-11-01 11:53 | Report Abuse

You not follow your idol Buffolo 7 investing rules meh. Haiyoh. Correct?


i3lurker

1) sharing of wealth with minority shareholders.

&

2) Growth

are the ONLY criterias that investors look for

Posted by UlarSawa > 2022-11-01 11:54 |

Post removed.Why?

Posted by UlarSawa > 2022-11-01 11:55 |

Post removed.Why?

Posted by tehka > 2022-11-01 12:23 | Report Abuse

What a fantastic green day! Good, very good!

Posted by i3lurker > 2022-11-01 12:48 | Report Abuse

sslee

You must vote against corruption.
Corruption had cost Malaysia RM2 Trillion since independence.

Instead of RM1 Trillion borrowings, Malaysia will have RM1 Trillion in cash.

So Saudara Nga is correct.
Even Norwegians will come work in Malaysia...

Posted by Zhuge_Liang > 2022-11-01 13:00 |

Post removed.Why?

Posted by Zhuge_Liang > 2022-11-01 13:02 | Report Abuse

"The big money is not in the buying and the selling, but in the waiting." - Charlie Munger

Q2 2022 result.
Average crack spread of diesel = USD44.35
Average crack spread of gasoline = USD23.52
Average crack spread of Jet fuel = USD28.61
EPS = 2.22

Q3 2022 result (projection)
Average crack spread of diesel = USD48.17
Average crack spread of gasoline = USD21.41
Average crack spread of Jet fuel = USD39.28
EPS (projection) = 2.00

Note :
Hengyuan refined 46% of its refined product as diesel.
Hengyuan refined 35% of its refined product as gasoline.
Hengyuan refined 7% of its refined product as Jet fuel.
12% of its refined products are others.
Q3 gross profit
Gross profit of diesel =10.5*46%*48.17*4.5=RM1.047 billion
Gross profit of gasoline =10.5*35%*21.41*4.5= RM354 million
Gross profit of Jet Fuel =10.5*7%*39.28*4.5= RM130 million
Gross profit of others =10.5*12%*10*4.5= RM57 million
Total gross profit = RM1.588 billion
Assuming less hedging loss like Q2 2022 = RM 439 million.
Total gross profit = RM 1.149 billion
Less manufacturing, admin and others expenses = 113 million
PBT = RM 1.036 billion.
Less income tax = 249 million.
PAT = 787 million.
NOSI = 300 million.
EPS = 2.62.
--------------------
Q3 2022 result
I do not wish to take so high EPS, I assume EPS = 2.00 is good enough for Hengyuan.
Cumulative EPS for 3 quarters will be = 2.38+2.00 = 4.38.
No stock listed in KLSE has this type of EPS.
The share price of Hengyuan is very undervalued.

Can huat or not, I do not know.
I know the FA of Hengyuan is damn good.

Posted by UlarSawa > 2022-11-01 13:32 | Report Abuse

Bank Negara set to hike OPR for fourth time in a row on Nov 3


All but two of 27 economists in the Oct. 25-31 poll predicted BNM would hike its overnight policy rate by 25 basis points to 2.75% from 2.50% at its Nov. 3 meeting.

Posted by brightsmart > 2022-11-01 13:34 |

Post removed.Why?

Posted by brightsmart > 2022-11-01 13:36 | Report Abuse

Posted by i3lurker > 46 minutes ago | Report Abuse

sslee

You must vote against corruption.
====


go and vote la.............but I know the result already.................

Posted by brightsmart > 2022-11-01 13:36 | Report Abuse

I am God, remember?

Posted by brightsmart > 2022-11-01 13:37 | Report Abuse

zhu, when results out, where u going to hide? book your hole already?

Posted by UlarSawa > 2022-11-01 13:40 | Report Abuse

No choice lah. US rate hike 0.75% for 3rd time kah. Msia only 0.25 leh. A bit is better than dont have leh. Nanti outflow more leh. Rm5.00 in the making leh. Haiyoh. Correct?


brightsmart

aiyahh.....economists also just monkey see monkey do la.

5 minutes ago

Posted by brightsmart > 2022-11-01 13:40 | Report Abuse

the world floats on an ocean of lies..............not just communists.....................................

and Xi good man.

meaning meritocracy Xi better than democracy in west liberal tradition.

Posted by UlarSawa > 2022-11-01 13:41 | Report Abuse

Anyone praying you or not. Haiyoh. Correct?


brightsmart

I am God, remember?

3 minutes ago

Posted by brightsmart > 2022-11-01 13:41 |

Post removed.Why?

Posted by UlarSawa > 2022-11-01 13:42 | Report Abuse

DSAI yesterday youtube cakap he ada 100seats already leh. Need another 12 only. Haiyoh. Correct?

Posted by UlarSawa > 2022-11-01 13:43 | Report Abuse

Ini kali DSAI can be PM kah. Boleh?

Posted by UlarSawa > 2022-11-01 13:44 | Report Abuse

All talking same common sense only leh. SPM passed only also can talk the same mah. Haiyoh. Correct?

brightsmart

UlarSawa

No choice lah. US rate hike 0.75% for 3rd time kah. Msia only 0.25 leh. A bit is better than dont have leh. Nanti outflow more leh. Rm5.00 in the making leh. Haiyoh. Correct?
=======

economists may have PhDs..but same conclusion as no PhD ular.

1 minute ago

Posted by brightsmart > 2022-11-01 13:45 |

Post removed.Why?