HENGYUAN REFINING COMPANY BERHAD

KLSE (MYR): HENGYUAN (4324)

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Last Price

2.65

Today's Change

-0.07 (2.57%)

Day's Change

2.65 - 2.71

Trading Volume

804,600


33 people like this.

123,778 comment(s). Last comment by VeneerWood 8 hours ago

Mikecyc

45,285 posts

Posted by Mikecyc > 2023-05-03 15:11 |

Post removed.Why?

Mikecyc

45,285 posts

Posted by Mikecyc > 2023-05-03 15:14 |

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Mikecyc

45,285 posts

Posted by Mikecyc > 2023-05-03 15:16 |

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Mikecyc

45,285 posts

Posted by Mikecyc > 2023-05-03 15:22 |

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Posted by StartOfTheBull > 2023-05-03 15:31 | Report Abuse

Where are all the old records? Must be bad records that is why own deleted. Hahaha

Mikecyc

45,285 posts

Posted by Mikecyc > 2023-05-03 16:39 |

Post removed.Why?

Mikecyc

45,285 posts

Posted by Mikecyc > 2023-05-03 16:39 |

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stockraider

31,556 posts

Posted by stockraider > 2023-05-03 16:42 | Report Abuse

Tapi ini genuine mistake mah!

No tipu ....tipu loh!

Posted by Mikecyc > 47 seconds ago | Report Abuse

Posted by Mikecyc > 1 minute ago | Report Abuse

Haha oh also Kacukan Tipu on HRC loh : Probability n Sslleee : Crack Spread.. Crack here Crack there Crack every one pocket … what a pair of shameless Kon …

Lu tau boh ?

Mikecyc

45,285 posts

Posted by Mikecyc > 2023-05-03 16:56 | Report Abuse

Haha Probability is Victor Yong ke … Good124 n Victor also Promoted Pasukhas loh …

Mikecyc

45,285 posts

Posted by Mikecyc > 2023-05-03 17:13 |

Post removed.Why?

Mikecyc

45,285 posts

Posted by Mikecyc > 2023-05-03 20:38 |

Post removed.Why?

Mikecyc

45,285 posts

Posted by Mikecyc > 2023-05-03 20:41 |

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Posted by StartOfTheBull > 2023-05-03 21:06 | Report Abuse

Hahaha. Archived already.
-------
Sslee


Posted by Sslee >
Report Abuse

I already cut loss all my HY except 500 units to qualify myself as shareholder. So no harm done, just learn my lesson again never trust mainland china man.

Posted by StartOfTheBull > 2023-05-03 21:11 | Report Abuse

If like that why keep 500 units? 500 units can buy how many topi and fishing rods? Hahaha

Sslee

5,503 posts

Posted by Sslee > 2023-05-04 07:17 | Report Abuse

From Annual report:
The Company recorded a total revenue of RM21.1 billion in FY2022 compared to RM12.0 billion in FY2021. The increase in revenue of RM9.1 billion or 75.8% were attributed to a 58.9% increase in product prices that averaged at USD125/bbl, coupled with 9.4% increase in sales volume supported by better market demand.

In FY2022, the price of Brent crude oil averaged at USD101/bbl.

So I am right that the refining margin/crack spread was USD (125 -101)= USD 24/bbl for FYR 2022.

The queations then why HRC only make miserable:
Current Cost of Stock margin (CCS) of USD0.47/bbl (FY2021: USD3.44/bbl) and gross profit margin of USD2.47/bbl (FY2021: USD 7.23/bbl) including the effects of crack swaps.

Mikecyc

45,285 posts

Posted by Mikecyc > 2023-05-04 07:23 |

Post removed.Why?

Mikecyc

45,285 posts

Posted by Mikecyc > 2023-05-04 07:27 | Report Abuse

Haha Good124 n Victor had been Promoted Netx … will Own Deleted Posts after a while …

Mikecyc

45,285 posts

Posted by Mikecyc > 2023-05-04 07:30 |

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Mikecyc

45,285 posts

Posted by Mikecyc > 2023-05-04 07:33 |

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Sslee

5,503 posts

Posted by Sslee > 2023-05-04 07:42 | Report Abuse

So what have you learn from CapitalA annual report and what questions you want to ask Stony at the AGM?

Going Concern Assessment
As at 31 December 2022, the Group’s current liabilities exceeded its current assets by RM8,509 million. In addition, as at 31 December 2022, the Group reported a negative shareholders’ funds of RM5,725 million.

Mikecyc

45,285 posts

Posted by Mikecyc > 2023-05-04 07:47 |

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Mikecyc

45,285 posts

Posted by Mikecyc > 2023-05-04 07:54 |

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Mikecyc

45,285 posts

Posted by Mikecyc > 2023-05-04 07:56 |

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Mikecyc

45,285 posts

Posted by Mikecyc > 2023-05-04 07:59 |

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Sslee

5,503 posts

Posted by Sslee > 2023-05-04 08:24 | Report Abuse

If I am not mistaken should Bursa reject capitaA application to extend the time for submitting the regularisation plan then the counter will be suspend and after a year delist from bursa.

Mikecyc

45,285 posts

Posted by Mikecyc > 2023-05-04 09:02 |

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Mikecyc

45,285 posts

Posted by Mikecyc > 2023-05-04 09:03 |

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stockraider

31,556 posts

Posted by stockraider > 2023-05-04 09:20 | Report Abuse

Correctloh...kon mike analysis memang boloh mah!

Posted by Sslee > 5 minutes ago | Report Abuse

At least Bob and me have a plan to make million from Hengyuan adventure/misadventure but attention seeker Mike totally has no idea how to make million so out of pity, I just allow this attention seeker Mike: ka ki kong ka ki song and enjoy his chui Kong lam pa song moment.

Mikecyc

45,285 posts

Posted by Mikecyc > 2023-05-04 11:59 |

Post removed.Why?

Mikecyc

45,285 posts

Posted by Mikecyc > 2023-05-04 14:53 |

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Mikecyc

45,285 posts

Posted by Mikecyc > 2023-05-04 15:20 |

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Mikecyc

45,285 posts

Posted by Mikecyc > 2023-05-05 08:31 |

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Mikecyc

45,285 posts

Posted by Mikecyc > 2023-05-05 08:31 |

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Mikecyc

45,285 posts

Posted by Mikecyc > 2023-05-05 08:37 |

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IshraaqNor

655 posts

Posted by IshraaqNor > 2023-05-05 17:49 | Report Abuse

Rasa HY akan digoreng naik sebelum menyampaikan Q1nya bulan ni

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2023-05-06 17:02 | Report Abuse

Sslee, you might like to add and inquire on the 5 Billions Bonds drawdown and where they are used.......

Good job!

Mikecyc

45,285 posts

Posted by Mikecyc > 2023-05-06 18:00 |

Post removed.Why?

Posted by StartOfTheBull > 2023-05-06 19:13 | Report Abuse

What is the effect of writing 26 questions to the management? Will it just ended up in their junk mail folder?

Sslee

5,503 posts

Posted by Sslee > 2023-05-07 08:24 | Report Abuse

Good morning Bob,
Will do to include question on 5 Billions Bonds drawdown and where they are used.......

StartOf The Bull,
https://klse.i3investor.com/blogs/Sslee_blog/2020-02-18-story-h1483850146-SC_wants_you_to_participate_effectively_at_an_Annual_General_Meeting.jsp

SC wants you to participate effectively at an Annual General Meeting
Author: Sslee | Publish date: Tue, 18 Feb 2020, 12:42 PM

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2023-05-07 08:35 | Report Abuse

Good morning Sslee, thanks for including this question as it might impact the Company's Cash flow and for the causes (not siphoned back for unknown bettings/hedging)

Have a nice day!

Mikecyc

45,285 posts

Posted by Mikecyc > 2023-05-07 08:41 |

Post removed.Why?

Mikecyc

45,285 posts

Posted by Mikecyc > 2023-05-07 08:42 |

Post removed.Why?

Mikecyc

45,285 posts

Posted by Mikecyc > 2023-05-07 08:42 |

Post removed.Why?

Mikecyc

45,285 posts

Posted by Mikecyc > 2023-05-07 08:58 |

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Mikecyc

45,285 posts

Posted by Mikecyc > 2023-05-07 12:11 |

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Posted by StartOfTheBull > 2023-05-07 13:42 | Report Abuse

SSslee, thank you for this sharing.


1,449 posts

Posted by Sslee > 5 hours ago | Report Abuse

Good morning Bob,
Will do to include question on 5 Billions Bonds drawdown and where they are used.......

StartOf The Bull,
https://klse.i3investor.com/blogs/Sslee_blog/2020-02-18-story-h1483850146-SC_wants_you_to_participate_effectively_at_an_Annual_General_Meeting.jsp

SC wants you to participate effectively at an Annual General Meeting
Author: Sslee | Publish date: Tue, 18 Feb 2020, 12:42 PM

Posted by StartOfTheBull > 2023-05-07 13:48 | Report Abuse

By the way, why you still ask questions by writing to the management if you already have this assumption? Refer your past posting below:

Sslee


Posted by Sslee >
Report Abuse

I already cut loss all my HY except 500 units to qualify myself as shareholder. So no harm done, just learn my lesson again never trust mainland china man.

Posted by StartOfTheBull > 2023-05-07 13:54 | Report Abuse

Are all those "China man" removed from the board as at today? Or is it just a mistake? Or you have forgotten what you wrote in HY in the past?

Mikecyc

45,285 posts

Posted by Mikecyc > 2023-05-07 15:32 |

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