HENGYUAN REFINING COMPANY BERHAD

KLSE (MYR): HENGYUAN (4324)

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Last Price

2.42

Today's Change

+0.03 (1.26%)

Day's Change

2.39 - 2.46

Trading Volume

638,700


33 people like this.

123,785 comment(s). Last comment by kebling98 19 hours ago

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-12-01 13:31 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-01 13:35 | Report Abuse

TikTok ada watch Ex FM cakap mostly in RM. Correct?


Posted by rchi > 12 minutes ago | Report Abuse

You have any idea what proportion of govt debt is foreign or not?As i see ,you are just one blow water fella here in hrc forum without a clue what you utter.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-01 13:38 | Report Abuse

Debt increased GDP pun ada increased leh. Not that cannot pay the debt leh. Ex FM tiktok ada cakap leh. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-01 13:39 | Report Abuse

Watch more TikTok leh. Haiyoh. Correct?

MoneyMakers

7,496 posts

Posted by MoneyMakers > 2022-12-01 13:41 | Report Abuse

Aiyaa just ride this bursa santa+windowdressing rally until yr-end

Wait&see lo Q1 nxt yr whether AI really pull-in foreign funds (my guess klci drop again - AI didnt affect anything)

calvintaneng

55,611 posts

Posted by calvintaneng > 2022-12-01 14:30 |

Post removed.Why?

harold8990

349 posts

Posted by harold8990 > 2022-12-01 14:34 | Report Abuse

Wah…what happened..the last time i visit this counter was when it was rm5 above and left to hibiscus..now this counter below rm4….i hope u guys here are okay..money can come and go but remember life is precious.

brightsmart

3,784 posts

Posted by brightsmart > 2022-12-01 14:39 | Report Abuse

Rafizi as Finance Minister bolih?

brightsmart

3,784 posts

Posted by brightsmart > 2022-12-01 14:41 | Report Abuse

let rafizi handle all the requests for money.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-01 14:44 | Report Abuse

Cannot. Haiyoh. Correct?


brightsmart

Rafizi as Finance Minister bolih?

3 minutes ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-01 14:45 | Report Abuse

Haiyoh all are ok leh. Here many pun takda beli saham HY also leh. Lepaking alot only. Condemn HY one more leh. Haiyoh. Correct?


harold8990

Wah…what happened..the last time i visit this counter was when it was rm5 above and left to hibiscus..now this counter below rm4….i hope u guys here are okay..money can come and go but remember life is precious.

9 minutes ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-01 14:52 | Report Abuse

97.5 per cent of country's debt in ringgit, says Tengku Zafrul
By Arfa Yunus, Teh Athira Yusof
August 2, 2022 @ 12:50pm

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-01 14:52 | Report Abuse

KUALA LUMPUR: Almost the entire outstanding federal government debt is in ringgit and not foreign currencies, Finance Minister Tengku Datuk Seri Zafrul Aziz said.

He said based on the data for the first quarter of 2022, 97.5 per cent of the country's debt was in ringgit and only 2.5 per cent in foreign currencies.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-01 14:53 | Report Abuse

As such, he said this would reduce risks to the government's financial position due to the decline in the ringgit exchange rate.

He said the figure was due to Putrajaya's prudent policies in maintaining domestic financial stability while ensuring that risks to external debt were properly managed.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-01 14:54 | Report Abuse

"Based on current global developments, most central banks have now shifted from the ultra-accommodative monetary policy support implemented during the Covid-19 pandemic to a tighter monetary policy.

"This action was driven by strong domestic demand and rising inflationary pressures," he said in a parliamentary written reply yesterday.

rchi

20,924 posts

Posted by rchi > 2022-12-01 14:57 | Report Abuse

Tudia.Now pon dan pusing change topic to npv,anyway thats the nature of pon dan.

UlarSawa

97.5 per cent of country's debt in ringgit, says Tengku Zafrul
By Arfa Yunus, Teh Athira Yusof
August 2, 2022 @ 12:50pm

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-01 15:02 |

Post removed.Why?

Sslee

5,591 posts

Posted by Sslee > 2022-12-01 15:27 | Report Abuse

Just send out below email to Petron malaysia.

Dear MR. MANOJ DEVADASAN
General Counsel / Company Secretary / Manager-Human Resources/Compliance Office
Shahidah Aris
Senior Legal Advisor/Assistant Company Secretary

Follow up with my email: A crack Spread Refinery Play dated 31 Oct 2022 which yourself and IB Kenangan yet to respond. I would like to get some answers from Petron Malaysia Management on the Petron Malaysia Q3 financial result:

OSP of Malaysia Tapis blend per barrel
July: USD 119.59
Aug: USD 111.75
Sept: USD 102.58
Average July to Sept: USD (119.59 + 111.75 +102.58)/3 = USD 111.307

Q2 Financial result:
Revenue: RM 5,596,062,000
Cost of sales: RM 5,180,442,000
Sales volume: 8.7 million barrels
Average USD to MYR April to June: 4.35
Revenue per barrel: USD 5,596,062,000/(8,700,000 x4.35) = USD 147.868
Cost of sales per barrel: USD 5,180,442,000/(8,700,000x4.35) = USD 136.886

Q3 Dated Brent dropped by 11% to USD 101/barrel in Q3 from the USD 114/barrel in Q2
Q3 Financial result:
Revenue: RM 4,684,552,000
Cost of sales: RM 4,821,552,000
Sales volume: 8.6 million barrels
Average USD to MYR July to Sept: 4.50
Revenue per barrel: USD 4,684,552,000/(8,600,000 x4.50) = USD 121.048
Cost of sales per barrel: USD 4,821,552,000/(8,600,000x4.50) = USD 124.587

My questions
Question 1: Please explain why Q3 revenue per barrel is USD 121.048 a sharp drop of USD 26.820 from Q2 USD 147.868 when International price of fuels as reported by Petron Corp for Q2 and D3 as below excluded the retail petrol stations fixed margin per barrel?
Q2 2022
Prices of Dubai crude USD (101.8X2- 95.6) = 108/barrel
Gasoline cracks USD (26.4X2-17.8) = 35. Price USD (108 + 35) = USD 143/barrel
Diesel cracks USD (36.6X2-21.6) = 51.6. Price USD (108 + 51.6) = USD 159.6/barrel
Kero-jet cracks USD (27.7X2-16.2) = 39.2. Price USD (108 + 39.2)=USD 147.2/barrel
Q3 2022
Prices of Dubai crude USD (101.2X3- 95.6-108) = USD 100.3/barrel
Gasoline cracks $ (22X3-17.8-35) = 13.2. Price USD (100.3 + 13.2) = USD 113.5/barrel
Diesel cracks $ (38.1X3-21.6-51.6) = 41.1. Price USD (100.3 + 41.1) = USD 141.4/barrel
Kero-jet cracks $(29.3X3-16.2-39.2) = 32.5. Price USD (100.3 + 32.5) = USD 132.8/barrel

Note: From CapitalA Q3 report: Jet fuel cost RM 943,803,000. Jet Fuel consumed 1,437,102 barrel.
Per barrel = RM (943,803,000/1,437,102) = RM 656.740 or USD (656.74/4.50) =USD 145.94/barrel
From HRC Q3 report: The rise in revenue for the current quarter (“3Q 2022”) was supported by a 51% surge in the market product prices at an average price of USD124 per barrel as compared to USD82 per barrel in the corresponding period in 2021.

Question 2: Please explain the cost of sales in Q3 USD 124.587/barrel when Dated Brent is USD 101/barrel in Q3 and OSP of Malaysia Tapis blend per barrel average Q3 is USD 111.307?

Question 3: How many barrels did Petron Malaysia PD refinery process in Q3?

Question 4: what is the PD refinery overall yield and yield of gasoline, diesel and kero-jet?

Question 5: Retail Petrol Stations sales volume, revenue and the PBT?

Question 6: Commercial sales volume, revenue and the PBT?
Note from Petronas Dagangan Berhad Q3 report Business Segment:
Retail current quarter
Revenue: RM 4,536,800,000
PBT: RM 119.900,000
Commercial current quarter
Revenue: RM 5,528,900,000
PBT: RM 268,000,000
 
Question 7: Any decision by Petron Malaysia Management to engage with IB Kenanga Analyst on quarterly financial and business briefing?

Thank you

Have a good day

Best Regards
Lee Soon Sheng

Sslee

5,591 posts

Posted by Sslee > 2022-12-01 15:37 | Report Abuse

I3lurker
No harm trying.

I am thinking of writting a nasty email to HRC with CC to Bursa, SC, MSWG, anticorruption, DSAI, President Xi, Biden and Jokowi

Mikecyc

45,534 posts

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-12-01 15:51 | Report Abuse

政治
消息:克服组阁主要障碍 委内长通讯部长财长达共识
2022年12月01日

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-01 16:02 | Report Abuse

Post
Nu Holdings (NU) stock gained 4.3% in Wednesday trading after its billionaire founder and CEO, David Vélez Osorno decided to give up his stock compensation in the wake the stock's 59% decline in the past year.

In a recent filing, the digital bank, which operates under the name NuBank, said Vélez made the unilateral decision to terminate the 2021 contingent share award, the main compensation agreement between him and the company. Nu (NU) agreed to the request.

Vélez said the move would make the company more efficient, as it would no longer need to recognize the share-based expenses related to the award and will result in total savings of $356M in the seven years following the termination date. It will also avoid potential dilution of existing shareholders in an amount equivalent to up to 2% of the total number of ordinary shares.

In addition, he said his more than 20% stake in the company already "serves to align his interest with those of shareholders in the current environment."

He also told the company's board that he'll decline any new compensation in 2022 or in 2023 in the form of performance-based, long-term equity incentive awards or otherwise.

Nu (NU) went public in December 2021 through an IPO, that priced its shares at $9 each, the stock has dropped 51% since then.

Earlier this month, Nu Holdings (NU) stock jumped 13% as Q3 revenue beat consensus and earnings improved

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-01 16:03 | Report Abuse

Today serving abalone or not. Ular pray TiGong popi popi ular kasi makan abalone leh. Not everytime also kfc leh. Boleh?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-01 16:05 | Report Abuse

CEO like this good leh. Company takda perform takda angkat saham leh. Many angmoh CEO only take usd1 salary but hundred of million saham leh. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-01 16:06 | Report Abuse

Suiyee Auditor lagi mau kutuk Buffolo ctr or not. Black heart one even kutuk your Idol Buffolo company leh. Haiyoh. Correct?

Sslee

5,591 posts

Posted by Sslee > 2022-12-01 16:06 | Report Abuse

Ular,
I3lurker punya armada already book gain for many days/weeks of free bintang beer and lobsters.

troy88

2,922 posts

Posted by troy88 > 2022-12-01 16:08 | Report Abuse

There are other stocks in bursa to make money from than to dwell on a high risk speculative counter like HRC

UlarSawa

35,552 posts

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

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-01 16:11 | Report Abuse

This is their money their right leh. They suka you cannot cakap until like your money leh. Haiyoh. Correct?


troy88

There are other stocks in bursa to make money from than to dwell on a high risk speculative counter like HRC

1 minute ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-01 16:14 |

Post removed.Why?

Sslee

5,591 posts

Posted by Sslee > 2022-12-01 16:17 | Report Abuse

Ular,
No worries itu Mike lebih suka dapat tips dari China girl at massage parlour.

IshraaqNor

655 posts

Posted by IshraaqNor > 2022-12-01 16:18 | Report Abuse

Rasa boleh goreng sikit pada harga ni...

Noni

687 posts

Posted by Noni > 2022-12-01 16:20 | Report Abuse

Thank you KYY for warning us

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-12-01 16:20 |

Post removed.Why?

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-12-01 16:21 |

Post removed.Why?

Mikecyc

45,534 posts

Posted by Mikecyc > 2022-12-01 16:23 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-01 16:49 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-01 16:52 | Report Abuse



Tan SrI Tan pun ada heart one leh. After goreng bursa ctrs pun ada donate to covid fund leh. Haiyoh. Correct?



https://malaysia.news.yahoo.com/pm-receives-rm5m-donations-520-100056838.html

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-01 16:54 | Report Abuse

Wow not bad ada up 12% leh. Ini macam ada goreng liao leh. Mau pecah 50 sen kah. Pray TiGong popi popi tampok. Boleh?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-01 16:57 | Report Abuse

5pm mari. Bursa tutup shop. Now switch to pre market sana see buffolo ctr mau berapa naik again. Hope can pecah usd5 this round. Boleh?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-01 17:02 | Report Abuse

Ular sini hujan lagi leh. Takda pergi gardening today. Hope Msia lain tempat takda fresh flood again leh. Semalam many places pun banjir leh. Haiyoh. Correct?

amateurJR

2,366 posts

Posted by amateurJR > 2022-12-01 17:06 | Report Abuse

Haha ularsawa bullshit only la. None of his remarks can be trusted

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-01 17:08 | Report Abuse

Wei. You takda see live telecast one kah. Cheh. Wasting ular time sharing leh. Sharing is Caring leh. Haiyoh. Correct?


Posted by amateurJR > 1 minute ago | Report Abuse

Haha ularsawa bullshit only la. None of his remarks can be trusted

Jerichomy

4,346 posts

Posted by Jerichomy > 2022-12-01 17:10 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-01 17:12 | Report Abuse

Apa hal ni. Old man above 60 so suka gossiping one kah. You very hamsap one leh. Haiyoh. Correct?


Posted by i3lurker > 27 seconds ago | Report Abuse

only that part about his rod broken by China massage girl coz MikeCheatYouCrazy refused to pay is true

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-01 17:15 | Report Abuse

Buffolo ctr pre market macam very cold leh. No movement at all leh. Tunggu abalone is very painful one leh. Kfc is better leh. Easy come easy makan leh. Ular want to taste abalone leh. Dunno how abalone taste already leh. Haiyoh. Boleh?

brightsmart

3,784 posts

Posted by brightsmart > 2022-12-01 19:54 | Report Abuse

Koon bee work for a while
But koonbee minus Koon is emperor with no clothes

brightsmart

3,784 posts

Posted by brightsmart > 2022-12-01 19:55 | Report Abuse

Where is Kong ming?

Jerichomy

4,346 posts

Posted by Jerichomy > 2022-12-01 21:32 |

Post removed.Why?

Jerichomy

4,346 posts

Posted by Jerichomy > 2022-12-01 21:33 |

Post removed.Why?

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