How long is the freeze?

1.80 still a good price to exit.

Valuation still too rich!

It is not only FX, the end market for semicon is not good. Volumn down and cost pressure intensified.

Forget about the dividend ... folks

Will only take a look if it drops below 1.50 ..

Still too rich the valuation cannot sustain ..

Set to go down further ..

Wow proposed resolution 11 and 12!
http://hengyuanrefining.listedcompany.com/news.html/id/652910

Why the directors keep buying shares?

华大家具制造（昆山）有限公司，隶属于美景集团的成员（马来西亚主板上市公司）。公司坐落在繁华的工业城市昆山，距离上海30KM，拥有着中国最大港口和以高质产品生产、出口为中心闻名于世的上海作强有力的支撑，对未来华大充满信心。Vast Furniture Manufacturing (Kunshan) Co.Ltd. (VAST) is a member of MKH Berhad, a successful Malaysia public listed company on the main Board of Kuala Lumpur Stock Exchange. VAST is located in the thriving industrial city of Kunshan about 30km from the megacity Shanghai. Supported by the largest port facilities in China, Shanghai is reputably known as the centre of manufacturers and exporters of high quality products.

Yes this analyst has not guts .. cari makan saja!
Unlike theedge.

Will not be surprised with an exit from the plantation business!

onward .. MKH should unlock some of the assets' value!

how was the turn out during the agm?

onward .. this Tan Sri has been saying this for a while ...
Will see shareholders' patient esp public bank ... haha

RM164 mil or USD42 mil savings from new loan facility. This computation is too simple and may be lack of commercial justifications. I reckoned it was more for flexibility and any benefits come gradually from future.

Good! Lower oil price is friendly to HY business!

Just didn't meet expectation! I guess.

Posted by WiseEye > Feb 28, 2018 01:04 PM | Report Abuse

actually whats wrong with the QR result? the revenue and profit remains good, just that they were hit by deferred tax which is solely an accounting treatment. it will not affect the core business.

Shell sucks all the money out. They have presence in many countries surely many are more competitive than Malaysia.

Posted by yctee > Feb 28, 2018 08:32 AM | Report Abuse

Just wonder why when it was under Shell, its not doing well?

No wonder so many banks rush to lend money to HY! Sure they have got your report or a report similar to yours below.

Posted by probability > Feb 27, 2018 11:06 PM | Report Abuse

FOR COMPLETE Understanding of Complex Refinery's EDGE in the near future, refer this excellent report came out on 25Jan 2018:

https://www.jccp.or.jp/international/conference/docs/L1-5%20F%20Feshar...

Just too costly to ignore your post. Many thanks!

Posted by probability > Feb 27, 2018 11:06 PM | Report Abuse

FOR COMPLETE Understanding of Complex Refinery's EDGE in the near future, refer this excellent report came out on 25Jan 2018:

https://www.jccp.or.jp/international/conference/docs/L1-5%20F%20Feshar...

Reasonable analysis. Believe the management has incorporated extra staff benefits in view of the good results hence the higher operating cost this quarter.
60 sen a quarter is more sustainable. The dividend suggests HY's commitment to institutional funds in term of return.

Lower oil price is friendly to refinery like HY ..

Tomorrow

Posted by Dragonpick > Feb 26, 2018 05:15 PM | Report Abuse

Result out ??

aiyoyo that's the beauty of HY business because oil price up or down also good .. but not too high lah .. sya manyak kereta ni

aiyoyo lower oil price make refined products sales more sustainable ma .. inventory gain or loss one off event leh

ken still cheap sale ..

Lower crude oil price is friendly to HY.

Q4 will be announced on 27/2.

Falling crack spread started to bite Petron ..

If you check the refiners' latest results you will see that the drop of almost all product crack spreads if compared to preceding quarters. But then is this to be expected?

Not today.

Posted by PureBULL . > Feb 22, 2018 12:53 PM | Report Abuse

Can any super KIND people here confirm whether the QR announcement is at 5.30 pm today?

Please reply.
I thank you vm in anticipation

Crack spread has been trending down from Q3 2017 to Q4 2017 due to higher supply from China and refineries getting back online after Hurricane Harvey. This trend is set to continue.

But compared to Q4 2016, the gasoline and diesel crack spread is better in Q4 2017.

Why the seller not selling today?

property market not good Iqbal .. hard to value but ironically the property division contribute bulk of the group profit.

Spot on .. lcng123. A protection you can't ask for more! Or can you?

Buy one free one!
Buy now is paying for discounted Plantation and getting Property for free.

Will take a look if only below 0.85 sen. Currencies and global markets still volatile!!

Will take a look only if below 12. Global markets still volatile!!

Lower oil price friendly to crack spread?

Posted by probability > Feb 5, 2018 11:18 AM | Report Abuse

Crack spread hit above 10 USD/brl today

It is a good move but just that future dividend may be compromised for high working capital requirements.

So this IMO rules leave Petron with no choice but to spend the 14B. It makes sense as Petron is expanding its retail segment.

Major Turnaround 2018 (TA2018)
RISK: Planning and execution is crucial to a successful and timely Turnaround. Any unexpected incident or emergent scope arising during the event could result in an extended shutdown resulting in a financial impact.

Euro 4M Mogas Project
RISK: If the refinery is not able to produce Euro IV compliant products by the regulatory deadline, then our customer will import their product requirements, which are Euro 4M compliant. These imports cannot be co-mingled with the products that the refinery is able to produce now as they are Euro 2 compliant. Through the Product Offtake Agreement (POA), our customer can contractually use our facilities to throughput their products. This means that the operations and financial performance of HRC would be significantly impacted during the period in which we are unable to produce Euro 4M products post the compliance date.

HY always beats Petron!

Just one of the aspects .. business model depending on crack spread still intact.

Today HY beats Petron

HY is chasing Petron again !!

Now HY still chasing Petron but going downside ..