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Last Price Today's Change   Day's Range   Trading Volume
4.63   -0.03 (0.64%)  4.62 - 4.68  44,100
15,954 comment(s). Last comment by Cakes Moon at Jun 1, 2021 11:10 AM
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pang72
43887 posts

Posted by pang72 > Dec 19, 2020 10:54 PM | Report Abuse

Sslee.. My Sifus said....


gemfinder
5345 posts

Posted by gemfinder > Dec 19, 2020 10:55 PM | Report Abuse

Oil px going up bro.... stock holding gain... there is no evidence said breakeven is usd3


gemfinder
5345 posts

Posted by gemfinder > Dec 19, 2020 10:55 PM | Report Abuse

Sslee is who? God ka


pang72
43887 posts

Posted by pang72 > Dec 19, 2020 10:56 PM | Report Abuse

I play safe la....
Earning from hedging is by luck la...


gemfinder
5345 posts

Posted by gemfinder > Dec 19, 2020 10:57 PM | Report Abuse

Pls read the quarterly report wat hrc said. N dun simply simply said isd3 brrakeven


pang72
43887 posts

Posted by pang72 > Dec 19, 2020 10:57 PM | Report Abuse

Sslee... Are you God?

I m not sure but he is right leh..

His article out then both hengyuan and Petronm drop like shitLl


gemfinder
5345 posts

Posted by gemfinder > Dec 19, 2020 10:57 PM | Report Abuse

Bro, if u wan play safe use karex


pang72
43887 posts

Posted by pang72 > Dec 19, 2020 10:57 PM | Report Abuse

Investors are takut for gambling now...
All cut win and run..


gemfinder
5345 posts

Posted by gemfinder > Dec 19, 2020 10:59 PM | Report Abuse

Any his article out, stock px up? Pls share


gemfinder
5345 posts

Posted by gemfinder > Dec 19, 2020 10:59 PM | Report Abuse

Any his article out, stock px up? Pls share


pang72
43887 posts

Posted by pang72 > Dec 19, 2020 11:00 PM | Report Abuse

No leh...
But his article out, stock price only drop....
That why I takut...


pang72
43887 posts

Posted by pang72 > Dec 19, 2020 11:01 PM | Report Abuse

I takut drop more next Monday...


gemfinder
5345 posts

Posted by gemfinder > Dec 19, 2020 11:04 PM | Report Abuse

Tats y u chicken


gemfinder
5345 posts

Posted by gemfinder > Dec 19, 2020 11:07 PM | Report Abuse

https://klse.i3investor.com/blogs/artworthshare/2020-12-19-story-h1538306942-Oil_prices_rise_touch_9_month_high_on_U_S_stimulus_progress.jsp


limkokthye
5415 posts

Posted by limkokthye > Dec 19, 2020 11:34 PM | Report Abuse

Nowadays petron brand is famous everywhere


Start_0f_the_bull
1233 posts

Posted by Start_0f_the_bull > Dec 20, 2020 7:59 AM | Report Abuse

Petronm owns petrol stations but Hengyuan does not. Check properly, there is the different. Here is Petronm forum not Hengyuan forum.


Sslee
6335 posts

Posted by Sslee > Dec 20, 2020 8:28 AM | Report Abuse

Dear all,
From HRC Q3 report: Cumulative 9 month 30th Sept 2020
Manufacturing expenses: RM 166,920,000
Administrative expenses: RM 63,489,000
Depreciation and amortisation: RM 89,023,000
Finance cost: RM 18,864,000
Total: RM 338,296,000
Sales volumes Barrel: 25,400,000
Cost per barrel: RM 13.32
USD to MYR: 4.15:Cost per barrel: USD 3.22

HRC Q3 result: Page 21
The average market prices of oil products for the current quarter saw some improvement against the margins recorded in the immediately preceding quarter, although they continued to be in the negative region. The positive combination of stock holding gains and support from oil margin swaps for the current period resulted in a comparatively higher gross margin and net profit against the previous quarter.

Some improvement against the margins recorded in the immediately preceding quarter, although they continued to be in the negative region.
Mean refining margin still negative for the quarter. And quarter profit is from stock holding gains and support from oil margin swaps.

Q3 inventories gain base on Average Brent Crude per barrel Q2: USD 29 to Q3: USD 43 is USD 14.
Q4 result will again depend on this inventories gain again. If average brent crude Q4 (Oct, Nov and Dec) is USD 49 then the inventories gain is USD 6 compare to Q3 of USD 14.

HRC Q2 result page: 20
Refining margins were also adversely affected by poor product cracks and stock holding losses, as crude prices fell from USD67 to USD19 per barrel, before settling at USD40 per barrel in June 2020. These were cushioned by the effects of margin and commodity hedges, which the Company has put in place as part of its risk management measures.
Net forex gain of RM16.3 million (inclusive of fair value gains on the outstanding foreign currency swaps) was recognised in the current quarter as Ringgit Malaysia marginally strengthened from RM4.31 to RM4.28 against the US Dollar.
Tax effects for the current quarter and cumulative period includes the recognition of deferred tax asset on tax losses previously not recognised, taking into account the availability of future taxable profits against which it can be utilised. (A11: RM 48,421,000)

Mean without
1. Net forex gain of RM16.3 million
2. Deferred tax: RM 48,421,000
3. Margin and commodity hedges
Q2 will be a loss making quarter.


pang72
43887 posts

Posted by pang72 > Dec 20, 2020 8:37 AM | Report Abuse

Thank you sifu Sslee..
You save my capital in petron n hengyuan...
Both stock habis liao...

Can throw to dust bin now..!


Sslee
6335 posts

Posted by Sslee > Dec 20, 2020 9:36 AM | Report Abuse

PetronM and HRC quarter end 31th Dec 2020 should be positive earning due to stock gain, improve crack spread and especially PetronM improve retail sale from PertronM petrol stations.

PetronM is in my watch list waiting to enter again as I had sold all to take profit.


gemfinder
5345 posts

Posted by gemfinder > Dec 20, 2020 9:58 AM |

Post removed. Why?


gemfinder
5345 posts

Posted by gemfinder > Dec 20, 2020 10:09 AM | Report Abuse

Ur sifu said 4th quarter positive wor. Buy back ka


gemfinder
5345 posts

Posted by gemfinder > Dec 20, 2020 10:10 AM | Report Abuse

Got stock holding gain, strengthening rm vs usd cos loan in usd, improving crack spread.


pang72
43887 posts

Posted by pang72 > Dec 20, 2020 10:14 AM | Report Abuse

No reenter..
Even positive eps 1c is positive with gambling commodity hedging..

The next next quarter will confirm in Red..

Avoid in all cost.


pang72
43887 posts

Posted by pang72 > Dec 20, 2020 10:14 AM | Report Abuse

1 QR green, 1 QR red...

Fly kate stock..


gemfinder
5345 posts

Posted by gemfinder > Dec 20, 2020 10:16 AM | Report Abuse

Use ir brain la. Hos cum 1sen?


pang72
43887 posts

Posted by pang72 > Dec 20, 2020 10:17 AM | Report Abuse

Sslee.. Back side kena Tiu..just now..

He turns to say positive result for next quarter...

If he backside not kena Tiu... He will say next quarter in loss..


pang72
43887 posts

Posted by pang72 > Dec 20, 2020 10:18 AM | Report Abuse

I say in red.. Not even 1c


gemfinder
5345 posts

Posted by gemfinder > Dec 20, 2020 10:18 AM |

Post removed. Why?


Start_0f_the_bull
1233 posts

Posted by Start_0f_the_bull > Dec 20, 2020 11:30 AM | Report Abuse

I sold at 6.15. Collected some last Friday. Will collect more if drop some more.


Start_0f_the_bull
1233 posts

Posted by Start_0f_the_bull > Dec 20, 2020 11:37 AM | Report Abuse

Pang72

Can throw to dust bin now..!
20/12/2020 8:37 AM
--------------------------------------------------------------

How to throw it to dusbin while it is expected to make more profits and give out dividend in coming quarters?


limkokthye
5415 posts

Posted by limkokthye > Dec 20, 2020 2:34 PM | Report Abuse

So many car moving around the town,highways,and kampung, need more petrol


LA777
3373 posts

Posted by LA777 > Dec 20, 2020 3:47 PM | Report Abuse

Hahaha, drop more better, can collect at cheaper price.


limkokthye
5415 posts

Posted by limkokthye > Dec 20, 2020 4:49 PM | Report Abuse

Bus also start moving


Apa_Macam
208 posts

Posted by Apa_Macam > Dec 20, 2020 4:55 PM | Report Abuse

allllll right


limkokthye
5415 posts

Posted by limkokthye > Dec 21, 2020 9:04 AM | Report Abuse

today drop again


pang72
43887 posts

Posted by pang72 > Dec 21, 2020 10:53 AM | Report Abuse

Sifu Sslee very good... Both hengyuan n Petronm big drop.


pang72
43887 posts

Posted by pang72 > Dec 21, 2020 10:56 AM | Report Abuse

My karma Sifus tiggers cut loss button...

Knn..


limkokthye
5415 posts

Posted by limkokthye > Dec 21, 2020 11:11 AM | Report Abuse

Oil price are hard to predict


limkokthye
5415 posts

Posted by limkokthye > Dec 21, 2020 11:42 AM | Report Abuse

Drop to 4.50 then only shot up 8.00


pang72
43887 posts

Posted by pang72 > Dec 21, 2020 5:26 PM | Report Abuse

Sifu Sslee, can you continues to post more article for hengyuan and Petronm to alert newbies like the past to avoid them into the trap?

Try to educate them in good way!!


newbie9893
918 posts

Posted by newbie9893 > Dec 21, 2020 6:06 PM | Report Abuse

Another 10% stock market correction is likely in the next two weeks. World market will drop 10-20% too...better sell now & run...


Start_0f_the_bull
1233 posts

Posted by Start_0f_the_bull > Dec 21, 2020 9:01 PM | Report Abuse

Pang72's Techna is worse. It dropped 13% today. Perhaps need some newbies to educate him instead. LOL


ZStrader
767 posts

Posted by ZStrader > Dec 22, 2020 9:14 AM | Report Abuse

OK chipin last


gemfinder
5345 posts

Posted by gemfinder > Dec 22, 2020 9:54 AM | Report Abuse

buy la


Start_0f_the_bull
1233 posts

Posted by Start_0f_the_bull > Dec 22, 2020 10:36 AM | Report Abuse

Gloves half day goreng only. Now back to recovery stocks.


gemfinder
5345 posts

Posted by gemfinder > Dec 22, 2020 10:40 AM | Report Abuse

TQVM for the contra gain


ZStrader
767 posts

Posted by ZStrader > Dec 22, 2020 10:41 AM | Report Abuse

hurrayyyyh


LA777
3373 posts

Posted by LA777 > Dec 22, 2020 10:56 AM | Report Abuse

Go go go!!!


pang72
43887 posts

Posted by pang72 > Dec 22, 2020 11:19 AM | Report Abuse

Thank you sifu Sslee..

Wish everyone merry Christmas!


ZStrader
767 posts

Posted by ZStrader > Dec 22, 2020 4:54 PM | Report Abuse

still closed red... lousy...

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