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 2 days ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-21 12:07 | Report Abuse

Talking to the tree could be he wanted to ask the tree to give him 4D number lah. Haiyoh. Correct?


BobAxelrod

One afternoon, a large crowd was standing by the roadside. I went to take a closer look and was shocked to find a man, in tattered shirt looking at the tree and talking to it. Someone called 911 and they were waiting for the white van to arrive.

1 second ago

i3lurker

13,737 posts

Posted by i3lurker > 2022-12-21 12:07 | Report Abuse

spiking high and dropping low mere seconds later is normal for oil.

sign PO and email to Aramco, USD136
click
click
and
click sell to hedge is already a difference of USD40 during first few hours of Ukraine war

so no choice click hedge SELL at USD90

after that oil spikes high back to USD100,
=> you have a hedge lost of USD10 in mere seconds

you realise you made a boo boo, some FOOLS will double hedge
so execute double hedge at sell USD100 to make some money

oil rises to USD110, so you double loss at double barrels another double USD10...
some Bigger fools might triple hedge coz .. why??? coz you bought at USD136 mah....

=> thats the most efficient way to bankrupt a refinery

Junior accounts clerk just enter easy Debit Credit, no feelings at all.

MORALS => Do NOT Hedge

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-21 12:08 | Report Abuse

We promote EV to let HY investor know EV battery is replacing petrol and diesel soon mah. Haiyoh. Correct?


BobAxelrod

Good to know Hengyuan is in EV and EV batteries too....

1 second ago

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-12-21 12:09 | Report Abuse

Which is to say to the HY investors to prepare their eternal resting plot....RIP

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-21 12:12 | Report Abuse

Now Spore oil refinery is scaling down leh. Even Spore also know oil refinery business is sunset already moving ahead to hydrogen fuel leh. HY ada future kah. Think lah. Haiyoh. Correct?



Singapore scales up hydrogen fuel plans, pledges 2030 emissions cuts
The city-state is pumping millions of dollars into hydrogen research, and looking to build a small power plant fuelled by hydrogen derivatives. Its 2030 climate target falls short of what scientists say is needed to keep the world liveable.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-21 12:15 | Report Abuse

The global market size of hydrogen fuel is expected to grow 65 per cent to over US$225 billion by 2030. Within the Asia Pacific, Australia and Japan are generally seen as front-runners, while India has also said it wants to export renewable hydrogen.

Sslee

5,610 posts

Posted by Sslee > 2022-12-21 12:18 | Report Abuse

i3lurker,
Jaks PP again.

JAKS: Seeks to raise up to RM74.4m from private placement for loan repayment, working capital. JAKS Resources has proposed to undertake a private placement of up to 292.2m new shares in the group, which represents 10% of its existing shares, at an issue price to be determined and announced later pending approvals. The group aims to raise up to RM74.4m based on an illustrated issue price of 25.4 sen per placement share. (The Edge)

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-12-21 12:19 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-21 12:20 |

Post removed.Why?

i3lurker

13,737 posts

Posted by i3lurker > 2022-12-21 12:20 | Report Abuse

sslee
Thanks
I find that very interesting !!!

Posted by Sslee > 1 minute ago | Report Abuse

i3lurker,
Jaks PP again.

JAKS: Seeks to raise up to RM74.4m from private placement for loan repayment, working capital. JAKS Resources has proposed to undertake a private placement of up to 292.2m new shares in the group, which represents 10% of its existing shares, at an issue price to be determined and announced later pending approvals. The group aims to raise up to RM74.4m based on an illustrated issue price of 25.4 sen per placement share. (The Edge)

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-21 12:24 | Report Abuse

TOKYO -- The race to establish green hydrogen production bases in the Asia-Pacific region is heating up, with Western and regional companies cooperating on massive projects to produce what many see as a next-generation power source.

Danish multinational Orsted, the world's largest offshore wind power company, is considering entering the market, as are major Western oil companies.

Green hydrogen, which does not emit carbon dioxide in its production process, is seeing demand rise globally for use as a power-generating fuel. Europe, where renewable energy is widespread, has taken the lead in the field, but Asia is now starting to move toward production.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-12-21 12:25 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-21 12:25 | Report Abuse

We have had an initial focus on Europe. But for certainly in the foreseeable future, we want to step into that area in Asia," Per Kristensen, who oversees the Asia-Pacific division at Orsted, told Nikkei.

Orsted agreed to cooperate with South Korean steelmaker POSCO last year on an offshore wind power project. The companies have also started a feasibility study for the production of green hydrogen, and could be preparing a supply for "hydrogen steel," which uses hydrogen instead of coal for production.

Orsted operates a business in Denmark that uses offshore wind power to split water molecules to produce green hydrogen. Having launched multiple projects mainly in the North Sea, it now looks to utilize its know-how in Asia.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-21 12:27 | Report Abuse


UlarSawa

You sure or not Spore 2025 fully EV. Talk kok lah you ni. Can meh. Haiyoh. Correct?


BobAxelrod

Don't be silly....few years back, Spore Transportation Ministry already mentioned they would ban Petrol fueled vehicles for Public transport operators like buses and taxis.......all would be EV......by 2025, same as in UK.

Only those from Tree talking cult don't know about this.

2 minutes ago

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-12-21 12:29 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-21 12:29 | Report Abuse

Singapore plans to reach net zero emissions by 2050
Carbon dioxide equivalent emissions in Singapore will also peak earlier, such that the country's emissions will be around 60 million tonnes come 2030
This was announced by Deputy Prime Minister Lawrence Wong during the Singapore International Energy Week on Tuesday (Oct 25)
He also announced goals to improve green financing in Singapore
New developments in Jurong Lake District and the public sector will also target to achieve net zero emissions by around 2045
Loraine Lee
BY LORAINE LEE
Published October 25, 2022
Updated October 25, 2022
SINGAPORE — Singapore on Tuesday (Oct 25) unveiled its plan to reach net zero emissions by 2050, with a stronger target of 60 million tonnes — down from 65 million tonnes — of carbon dioxide equivalent emissions by 2030.

To achieve its 2050 goal, the country will peak its carbon dioxide equivalent emissions earlier, said Deputy Prime Minister Lawrence Wong, who was speaking at the opening of the annual Singapore International Energy Week conference.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-21 12:30 | Report Abuse

Are you sure they said that. mana satu reporter tulis punya news. Haiyoh. Correct?


BobAxelrod

If Spore cannot achieve their target, I am to be blamed???? Mana sekolah lu??

14 seconds ago

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-12-21 12:30 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-21 12:32 | Report Abuse

Ular never cakap zero emission related to EV 2025 plan mah. Haiyoh. Correct?

brightsmart

3,784 posts

Posted by brightsmart > 2022-12-21 12:34 | Report Abuse

Did management promise u sky high Q3 profits or not? Did management ask u to buy or not?

ss, u no shame ah?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-12-21 12:34 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-21 12:35 | Report Abuse

Now ular want to know 2025 Spore plan itu ada betul or not. So fast meh. Their EV charging infrastructure plan ready by 2030 leh. Haiyoh. Correct?



Singapore aims to develop a greener and more sustainable land transport sector, reducing peak land transport emissions by 80%, by or around mid-century. The Singapore Green Plan 2030 includes a strong push to electrify our vehicle population, which would help Singapore achieve our vision of 100% cleaner energy vehicles by 2040.

To support this, we have launched a new campaign to raise awareness of Electric Vehicles (EVs), their benefits to owners and the environment, as well as how we can all contribute towards the responsible and gracious sharing of charging infrastructure.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-12-21 12:35 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-21 12:38 | Report Abuse

You know or dunno. Dunno dont blow water 2025 leh. Their petrol car COE valid for 10yrs leh. 2025 scrap their petrol car kah. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-21 12:39 | Report Abuse

Bila ada such news 2025 leh. Too early lah. They planning 60000 charging point by 2030 lah. Haiyoh. Correct?

MoneyMakers

7,496 posts

Posted by MoneyMakers > 2022-12-21 12:39 | Report Abuse

Understandable sslee angry - send hellfire email to HY/Petron/IB/Bursa

HY disaster QR unfortunately pulldown beloved Petron

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-12-21 12:41 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-21 12:44 | Report Abuse

Taxi n bus also 10yrs coe leh. Scrap by 2025 kah. Fully EV kah. Really. No hybrid one kah. Possible or not. Haiyoh. Correct?

brightsmart

3,784 posts

Posted by brightsmart > 2022-12-21 12:45 | Report Abuse

Q3 cost of manufacturing is higher than q2 cost of manufacturing is not beyond my expectations due to delays and timing differences between oil prices and how they get reflected in cost of manufacturing

u see huge unrealised loss below the line in q2 results....... u don't see huge derivative losses in q3.....a possible explanation is that these are forward transactions and accounted for in purchases during q3.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-12-21 12:45 | Report Abuse

ZZzzzzzzz........

brightsmart

3,784 posts

Posted by brightsmart > 2022-12-21 12:45 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-21 12:45 | Report Abuse

1 in 2 public buses to be electric by 2030
9 March 2022 7 Comments
Half of Singapore’s public bus fleet will be powered by electric buses by 2030, as announced in the Committee of Supply Joint Segment on Singapore Green Plan 2030 on 8 March 2022.

The Land Transport Authority (LTA) aims to have half of its public bus fleet be electric by 2030. This is about 3,000 buses, as mentioned in a speech by Minister for Transport, Mr S Iswaran.

This is also in line with the Land Transport Master Plan 2040, where LTA has committed to a 100% cleaner energy public bus fleet by 2040.

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-21 12:46 | Report Abuse

Wei read lah. You mana read the news one. Dont blow water lah. Haiyoh. Correct?

brightsmart

3,784 posts

Posted by brightsmart > 2022-12-21 12:47 |

Post removed.Why?

brightsmart

3,784 posts

Posted by brightsmart > 2022-12-21 12:48 | Report Abuse

without doubt, singapore will solve all the problems..........malaysia can meh?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-12-21 12:48 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-12-21 12:49 |

Post removed.Why?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-21 12:52 | Report Abuse

I never say hydrogen fuel for vehicle leh. Ular only cakap Spore is going big in Hydrogen fuel to replace sunset oil refinery lah. Oil Giant is pulling out from Spore oil refinery lah. Spore also know very well need to transform from Oil refinery hub to new hydrogen fuel hub lah. Haiyoh. Correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-21 13:01 | Report Abuse

Argue for what. Not correct data dont argue lah. Then Ular no need to goggles so much leh. Haiyoh. Correct?

brightsmart

3,784 posts

Posted by brightsmart > 2022-12-21 13:08 | Report Abuse

don't say Chinaman cannot buy...................most of my shares are HK shares.............BYD, Geely, JD, xinte, sencetime.

one bamboo stick want to kill whole village without evidence meh? so racists.

brightsmart

3,784 posts

Posted by brightsmart > 2022-12-21 13:09 | Report Abuse

UlarSawa

Argue for what. Not correct data dont argue lah. Then Ular no need to goggles so much leh. Haiyoh. Correct?
=========


agree

brightsmart

3,784 posts

Posted by brightsmart > 2022-12-21 13:11 | Report Abuse

hydrogen has a future....... but not so soon.

there is no infrastructure at the moment.

brightsmart

3,784 posts

Posted by brightsmart > 2022-12-21 13:12 | Report Abuse

for next 20 years its still bev and ice.

Income

10,620 posts

Posted by Income > 2022-12-21 13:30 | Report Abuse

Next time who burn woods or newspaper or plastics has to pay a hefty fine… Environmental protection Act.

Income

10,620 posts

Posted by Income > 2022-12-21 13:32 | Report Abuse

Paperless economy?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-12-21 14:59 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2022-12-21 15:00 | Report Abuse

People with reasons to pump and want to get out........all over the Coasts.......

UlarSawa

35,552 posts

Posted by UlarSawa > 2022-12-21 15:32 | Report Abuse

Ular and mana others cakap Bursa listed Cinaman ctr dont too serious about it lah. If they are good one mostly pun listed in HK Shanghai or Shenzhen lah. Why come here lah. Not qualified to list in Mainland or HK baru come here lah. Haiyoh. Correct?


brightsmart

don't say Chinaman cannot buy...................most of my shares are HK shares.............BYD, Geely, JD, xinte, sencetime.

one bamboo stick want to kill whole village without evidence meh? so racists.

2 hours ago

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