John_Lee

John_Lee | Joined since 2018-03-19

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Stock

2018-04-24 17:57 | Report Abuse

Solvency test can be manipulated via some creative accounting. Show some ratios, tweak cash flows a bit here a bit there etc.

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Posted by stockraider > Apr 24, 2018 05:55 PM | Report Abuse

Just an excuse mah.....!!

Ask the directors tell us where they are not solvent leh ??

Stock

2018-04-24 17:53 | Report Abuse

Section 131 and 132 of the Companies Act 2016 is new. The old Companies Act 1965 didnt have these solvency clauses. With this new sections, it doesnt mean if you want to pay dividends, you can pay. Nowadays got to meet solvency requirements.

For those not in the know, Companies Act 2016 was implemented and became effective on 31 January 2017.

Stock

2018-04-24 16:32 | Report Abuse

Ooooo... enemies turn lovers already. Wedding bells coming up?

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Posted by 3iii > Apr 24, 2018 04:26 PM | Report Abuse

John_Lee, I think you should just be fair to allow probability to post to support his views.

You can do so likewise too.

Stock

2018-04-24 16:31 | Report Abuse

Raider, need you be referee please. I want to wager another bet with Probability Prick.

If his claim that there was inventory gain of RM400m is correct (although technically it was posted by Icon8818 but Icon8818 is Probability Prick and Probability Price is FutureEyes), then i chop ku ku ciao.

If he is wrong, he chop his ku ku ciao.

If he dare not take this challenge, then dont ever post this wrong calculation again. I very sien already. It is very long, every time he post i must scroll a lot.

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Posted by Icon8818 > Apr 7, 2018 07:00 PM | Report Abuse

Gross Profit for 2017 was 1430M

Take out inventory Gain of 400M in 2017,
Gross Profit becomes:
= 1030M

Stock

2018-04-24 16:24 | Report Abuse

You 2 can be best buddies, shower together, share 1 underwear. Congratulations!

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Posted by 3iii > Apr 24, 2018 03:59 PM | Report Abuse

Interestingly, probability is now able to search out so many articles to support his PRESENT view on Hengyuan's profitability.

Stock

2018-04-24 16:22 | Report Abuse

Yes, it is quite annoying when you get donkeys from other fields pretending to be experts. Holding an apple and shouting 'this is orange, this is orange'.

Some people are intelligent; very good for them.

Some people are stupid; not their fault if born like that.

Some people are not smart but pretend to be smart and insists he is smart; ini lah dia jenis orang yang paling teruk.

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Posted by probability > Apr 24, 2018 03:59 PM | Report Abuse

nowdays even donkeys seem to be able to come out as accounting & economic graduates...

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2018-04-24 16:17 | Report Abuse

Damn sien.

Same SHIT repeat, repeat, repeat, repeat, repeat, repeat, repeat, repeat, repeat, repeat, repeat, repeat, repeat, repeat, repeat, repeat, repeat, repeat, repeat, repeat, repeat, repeat, repeat, repeat, repeat, repeat, repeat, repeat, repeat, repeat.

Zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

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Posted by probability > Apr 24, 2018 03:51 PM | Report Abuse

APRIL 24, 2018 / 9:52 AM / UPDATED 2 HOURS AGO

This fact should be conclusive:

COLUMN-Surge in China's gasoline exports crunch fuel profit margins: Russell

https://www.reuters.com/article/column-russell-china-gasoline/column-s...

Stock

2018-04-24 15:39 | Report Abuse

Can do us favour and everyday you want hengyuan go down. Please, please, please.

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Posted by Alex™ > Apr 24, 2018 03:31 PM | Report Abuse

why everytime i want hrc down, it go up?

Stock

2018-04-24 14:47 | Report Abuse

Gator,

Unfortunately, this chap thinks that he does have some power and capability to move hengyuan share price. See his line of thoughts in this posting:

Posted by probability > Apr 24, 2018 01:40 PM | Report Abuse

Koon and a few others will push up to prove that this information is nonsense.......

but facts cannot be suppressed too long.

Stock

2018-04-24 14:04 | Report Abuse

You believe hengyuan going higher? Then better buy ok. Else you miss the boat again. Previous up you didnt buy. Then drop you didnt short. Ini kali lah, Probability!

Stock

2018-04-24 14:02 | Report Abuse

Probability,

Same thing want to post how many times? So desperate need to hard sell?

‘or, perhaps, whether’ kind of things no need post lah. Yesterday kena whacked by members here still not enough?

Stock

2018-04-24 11:31 | Report Abuse

vivoviva,

Watch your words please.

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Posted by vivoviva > Apr 24, 2018 11:11 AM | Report Abuse

my sauce say your mother will kena rape by lunch time.

kenlee sauce said will break 8 again by lunch time
24/04/2018 10:49

Stock

2018-04-24 01:10 | Report Abuse

Probability, Probability, I told you already, get a 1st year econs uni student to explain to you. But ask nicely and politely. Open your mind and be ready to learn at all time and age. It does you no harm. In fact you will be rewarded.

Remember, the world has its own way to work things out and it is wonderful. Not everything behaves based on how Probability think it is, or how Probability think it should be.

Stock

2018-04-24 00:26 | Report Abuse

Sigh. Really have to hold your hand and walk you step by step. Probability, read properly ok.

You said in March, China flooded the market with petrol and diesel. When petrol and diesel flood the market creating a lot of supply, the prices of petrol and diesel will fall. Why? Because there are too much petrol and diesel in the market, hence producers are competing against each another to sell their own products even if they have to lower their prices and margin. And the price lag time is usually very short. Why? Because no buyer wants to pay more. All buyers want to pay less.

Are you following so far?

Now look at this chart below. I have screenshot for you the price of Mogas 95 for March and April from CME’s website. Make sure you look at the chart or else you cant follow.

https://ibb.co/eSJ4pH

What did you see? Instead of prices coming down when China flooded the market with petrol, price of Mogas 95 has shot up. Shouldnt the price fall instead? That means the actual demand for petrol is much much higher to the extent that whatever quantum China threw into the market in March, it is still not enough for buyers. Buyers are scrambling to buy more petrol against each another hence forcing the petrol price to go higher and higher. The act of flooding by china is all but meeting a portion of the increase in demand of petrol in the market.

So, it is not always that when there is an increase in supply, price will fall. In the event where demand for petrol is high, the price will continue to rise until supply and demand is in equilibrium.

I believe the above is very easily understood. If you still have problem comprehending, i do suggest that you seek assistance from a Year 1 university economics student. It is basic enough for them to explain to you.

Stock

2018-04-23 23:06 | Report Abuse

Sigh. Yesterday i already posted the price charts shooting up loh. China flood market with lots and lots of petrol and diesel but if demand is still higher than supply, price will still shoot up. Basic economics.

Here. Post again specifically for you.

This is the chart of Mogas 95 price. I have taken a screenshot from CME website. You will see that Mogas 95 price have shot up significantly.
https://ibb.co/nKRNOc

This is the price chart of gasoil (diesel). Also a screenshot from CME website. The price of gasoil have also shot up very high.
https://ibb.co/cOmQ9H

Another Probability ‘bad news’ shot down with facts. Next ‘bad news’ please.

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Posted by probability > Apr 23, 2018 10:49 PM | Report Abuse

China Mar gasoline, diesel exports at record highs -customs

APRIL 23, 2018 / 10:00 AM / UPDATED 9 HOURS AGO

https://af.reuters.com/article/commoditiesNews/idAFB9N1PC01N

* Diesel exports in March were 2.38 million tonnes, up 24.2 percent year-on-year

* Gasoline exports were 1.7 mln tonnes, up 103 percent

Stock

2018-04-23 20:26 | Report Abuse

There are so many elements of unknown is this question that whatever answer you get is going to carry very little weight. To compound it, these questions can only be answered by management themselves.

Every question posed means it could be 50% correct, 50% wrong. 50% yes, 50% no.

To arrive at an answer, you need to correctly answer each of the 4 questions which you or anyone here has NO answer to. The probability of getting a correct answer to all the questions is:

50% x 50% x 50% x 50% = 6.25%

What is the point of your question when any final answer only carries a 6.25% reliability. Guessing if tomorrow is green or red has a much higher reliability of 50%.

Next ‘bad news’ from you please. This is down the drain already.

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Posted by probability > Apr 23, 2018 07:22 PM | Report Abuse

Question:

(1) The capex for upgrade appears to be coming about 550Million only...wonder are they upgrading for only half the capacity of the PD refinery?

This is because its meaningless to straightaway go for a huge investment more than double the cost of the acquisition itself? Perhaps they plan to upgrade in stages? or perhaps they plan to outsource the remaining half by bringing it from China?

Stock

2018-04-23 16:48 | Report Abuse

Good advice. You can never time the market. Everyone is waiting to buy low, but if any one person at all even know where is the lowest, everyone in the world will be rich.

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Posted by vivoviva > Apr 23, 2018 04:44 PM | Report Abuse

The main problem is KYY sold 50% of his shareholdings already. He is not obligated to tell you either. People here trying to help u be caution. But u decided to be the ignorant one. Eh. Lose money dy make sure u got money see doctor u know. If not come i3 here and beg. Some members here are kind enough to donate some spare change to kiasu Singaporeans like u. Basic necessities also dont have. Have to drink own recycled shit and pee. Wakakaka.

Apple168. Success in stock market is buying from very pessimistic and sell to extremely optimistic investors. Donovan Ang and KYY hv done the homework for us that HengYuan worth more than $15. You may lose 20 to 30% in HengYuan now, but HengYuan will flip into 300% gain later.. Buy and Hold for 300% profit in your lifetime..

Stock

2018-04-23 16:44 | Report Abuse

Check with your remisier. Retailers can short hengyuan since last week.

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Posted by abdulrahim > Apr 23, 2018 04:36 PM | Report Abuse

John lee, how to short?? Very interesting..

Stock

2018-04-23 16:41 | Report Abuse

Odds are good but still dont go in to make money. Wait for Sunday? Sunday market not open lah.

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Posted by probability > Apr 23, 2018 04:29 PM | Report Abuse

John,

i know my 6 year old child can cross a highway by himself....
the odds are very good...

but would i take the risk of him doing it just to prove to someone?

these are simple common sense you should be able to understand

Stock

2018-04-23 16:26 | Report Abuse

Probability,

Last Friday noon asked you take up my duel and short hengyuan, you dont want. Was 8.40 then you know. Sigh. You dont know how to earn money la. Go up dont want to buy, go down dont want to short.

Stock

2018-04-23 16:24 | Report Abuse

Why you always come out when share price is falling but disappear when share price is going up?

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Posted by 3iii > Apr 23, 2018 04:16 PM | Report Abuse

Where are all the bloggers who posted on Hengyuan's valuations using so many assumptions?

The more assumptions they made, the more their value deviated from the fair value.

What has happened to all the predictions of $19, $42 or even $80?

Where is raider these few days? Has he gone back to work for ahmoi in the Pudu market again?

Stock

2018-04-23 15:54 | Report Abuse

RM4.20 right?

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Posted by 3iii > Apr 23, 2018 03:34 PM | Report Abuse

Can Hengyuan drops to below $6.00?

It may.

Stock

2018-04-23 14:25 | Report Abuse

Petron's results is only going to take place in a month's time in late May.

I think more crucially is to look out for any interesting AGM agenda. Hengyuan's Notice of AGM is due to be released this week.

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Posted by probability > Apr 23, 2018 02:03 PM | Report Abuse

Actually Koon has much lesser time to dispose all....as PetronM will release its Q1-18 results earlier. Once that is out and confirms a dip.....

...u would hardly see buyers queue for HY.

Stock

2018-04-23 00:40 | Report Abuse

I have to admit i am really quite free now. So i looked up FutureEyes and Icon8818 comments and compare against Probability’s writing style. This is so funny. All 3 are the same. The most glaring similarity is the way all 3 present their calculation. Exactly the same. Not only that, all 3 repeat the same ‘facts’.

Probability. Hahahaha. You created accounts to agree with your own comments. And you did it a few times. Hahahaha. And then there was one you called yourself bro. Hilarious. This is some seriously funny stuff.

Stock

2018-04-23 00:10 | Report Abuse

Raider,

Pple say the methodology is correct means correct lah. Same method got 2 quarters correct. 4Q use same method but actual results different means hengyuan accountants wrong lah.

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Posted by stockraider > Apr 23, 2018 12:00 AM | Report Abuse

but what about q4...your prediction is a disaster mah ??

Stock

2018-04-23 00:01 | Report Abuse

You continue believing your ‘engineers rule the world’ view ok.

I am sure if you want the sun to rise from the west tmrw, because you are probability-the-engineer, the sun will definitely rise from the west.

Stock

2018-04-22 23:44 | Report Abuse

My apologies to FutureEyes if this suspicion is not true.

qqq3 thinks that Icon8818 is probability pretending to be Icon8888. Many people suspect the same.

Is FutureEyes also probability pretending to be ColdEye?

Stock

2018-04-22 23:20 | Report Abuse

Probability,

For the 8 million th time, this inventory gain calculation is wrong! Hengyuan DID NOT earn inventory gain of RM400m. Told you many times already, accounting doesnt work that way. You want to continue claiming that you engineers know how the calculations are done, fine. I wont challenge that. But when it comes to accounting, you are technically wrong.

Bad news for you - accounts are prepared by accountants based on accounting standards, not based on engineering logic. You can argue until the cows come home, your logic will never be reflected in the accounts because accounting wise you are wrong.

Salah! Salah! Salah!

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Posted by Icon8818 > Apr 7, 2018 07:00 PM | Report Abuse

Gross Profit for 2017 was 1430M

Take out inventory Gain of 400M in 2017,
Gross Profit becomes:
= 1030M

Stock

2018-04-22 19:22 | Report Abuse

Which is why hengyuan has such a large storage capacity. Look at the value of their inventories. It is huge!

Refining business is not only oil in, oil out. There is a lot of business strategy play involved. This is a commodity business, not 7-11 or Starbucks.

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Posted by qqq3 > Apr 22, 2018 07:09 PM | Report Abuse

the cause of larger than expected fluctuations in refinery profits.......


“The price of petroleum products at the retail level is not directly related to the crude oil price. The retail price closely follows the price of refined products, which may vary for different product types,” said Tan Sri Dr Mohd Irwan Serigar Abdullah in an NST article in January 2016.

what it means is very clear and simple...its a road to investment success....buy when you believe it is low enough, keep and sell when you believe you have make enough money......

looks like a formula for printing money.............

Stock

2018-04-22 18:18 | Report Abuse

Since nobody wanted to entertain you, why not i do.

Per Q3 2016 announcement, management explained that lower profit was a result of lower product prices and lower sales volume. You may read it on your own to double confirm. It is public information on Bursa’s website.

From the charts i posted above, product prices have increased significantly. Hence, Q3 2016 is on totally different platform from now.

There. End of another spin story of yours. Please find a new bad thing to write about hengyuan.

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Posted by probability > Apr 22, 2018 05:21 PM | Report Abuse

many have not investigated the reason behind Q3 2016 EPS observance

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2018-04-22 17:17 | Report Abuse

davidtslim? Maybe he has erred somewhere in his modelling. If his average crack spread is accurate, he wouldnt have ran a significant deviation from the actual results. Meaning your claim that ‘everyone knows what was the average crack spread of Mogas95, Gasoil in Q3 2017..... it was well published by Dr. David’ is fundamentally wrong.

The concept of crack spread cannot be wrong because that is fundamentally the gross profit of a refinery. So lets not deviate from that. GP is GP.

If any analysts got their results wrong, it is because they have miscalculated the crack spread. And not that their use of crack spread approach is wrong.

Btw, i appreciate the effort and work of davidtslim.

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Posted by probability > Apr 22, 2018 05:04 PM | Report Abuse

Everyone knows whats was the average crack spread of Mogas95, Gasoil in Q4 2017.....

it was well published by Dr. David

...................................

but everyone also know the margins per barrel of HY in Q4 2017 no where matches these figures...

..................................

Instead of banging your head on "why the results did not match" you'd rather question the rigid theories-model you had made as per your beliefs earlier..............

question your model, not the results.

Stock

2018-04-22 17:04 | Report Abuse

Similarly, if price of crude oil falls, it doesnt mean hengyuan will make more money. There is no point having low cost of raw materials if demand for petrol and diesel is low (which in turn drives prices of petrol and diesel also low).

Stock

2018-04-22 16:59 | Report Abuse

Crude oil price goes up does not necessarily mean profit of refineries will go down. If the percentage prices of petrol and diesel go up higher than percentage increase in crude oil, refineries make more money. Both are not directly inversely correlated.

Stock

2018-04-22 16:55 | Report Abuse

What we are seeing is crude oil price going up. Who’s buying? You? Me? No, we cant do anything with raw crude oil.

Refineries are buying. Why are refineries buying? Because the demand for their products like petrol and diesel are strong. Bear in mind that prices of petrol and diesel are also going up. Last night i showed that current crack spread is good.

This is the chart of Mogas 95 price. I have taken a screenshot from CME website. You will see that Mogas 95 price have shot up significantly.
https://ibb.co/nKRNOc

This is the price chart of gasoil (diesel). Also a screenshot from CME website. The price of gasoil have also shot up very high.
https://ibb.co/cOmQ9H

Stock

2018-04-22 14:21 | Report Abuse

Correct.

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Posted by stockraider > Apr 22, 2018 12:55 PM | Report Abuse

Remember HY deal with Shell....!!

Shell deal with public on the petroleun sold loh...!!
Shell deal with govt on subsidy loh....!!

Shell pays to HY on time based on contracts....unless it is going to bankrupt loh....!!

Stock

2018-04-22 03:15 | Report Abuse

Like i said earlier, i cannot make members here not believe you. It simply cannot be forced upon them. Each members are able to form their personal opinion of you. If you find that there is now more people rebutting you as compared to last time, then you ought to know that the very same people find you less credible than before. Only you can influence how others think of you. You should then question yourself on what has changed. Why is it that members who believed you previously are now going against you? Reflect upon this.

There is no conspiracy by anyone to go against you. It is your actions that have cause members here to change their opinion of you. Think about it.

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Posted by probability > Apr 22, 2018 03:05 AM | Report Abuse

if you think i am deceitful it does not matter to me...

but you constantly accusing me so that other have wrong perception on me is uncalled for.

as long as the intelligent investors can understand me thats good enough.

I need fair assessment just like all the influential should receive independent on their wealth status or ones vested interests....

what matters most to me is my own conscience.

Stock

2018-04-22 03:05 | Report Abuse

No, I am not a paid commenter. But i am a shareholder of hengyuan.

I am a person who believes in truth, justice and community living. And when i see lies, spins, untruths being churned out to deceive less knowledgeable members, i will retaliate. Forums are for info sharing, not for manipulative people with ill intentions of self gain at the expense of others.

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Posted by probability > Apr 22, 2018 02:56 AM | Report Abuse

are u being paid by someone to constantly attack me and mislead others on their trustworthiness on me?

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2018-04-22 02:58 | Report Abuse

Unfortunately, credibility cannot be measured. It is formed based on consistency of a certain person, the behaviour of the person, the manner of which he conducts himself etc.

I cannot speak for everyone here. But to me, you fail in every respect of a person who holds any level of credibility.

Also, i find that you are very fond of spinning and skewing subject matters to achieve your intention. That also reflects poorly on your character. It is deceitful.

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Posted by probability > Apr 22, 2018 02:52 AM | Report Abuse

If a person is incorrect does not mean he is not credible.

If a person changes his opinion based on new findings it does not mean he is not credible.

Stock

2018-04-22 02:48 | Report Abuse

Do have some manners and class please. You are not showing a good example to the younger members here.

How long i have been here or how many comments i have posted is not a measure of a person’s credibility. It is rather foolish to say someone who is here longer or have posted a lot of comments is more credible or believable than another person who has lesser.

Credibility cannot be forced upon. It is earned. I am not here to force my work or opinion on any members here. I believe in sharing. At the very least on my part, when i post facts and numbers, i justify them. And i dont use vague references.

And when i dont know about any particular subject, i dont talk about it. Or when asked of something i do not know off, i always admit to not knowing. There is no shame in admitting ‘i dont know’.

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Posted by probability > Apr 22, 2018 02:30 AM | Report Abuse

That shows what kind of breed you are ...it takes one to assume another. Descendents of those who sell themself for money.

with an id just created on Mar 2018 with a mere 277 posts almost in HY forum.

what gravity should one give to you to believe u more than me?

Have ever managed to say any opinions of you own on stocks?

Stock

2018-04-22 02:24 | Report Abuse

Probability,

Thanks for acknowledging and admitting that you are a person who is not responsible for things you say.

I hope you now understand why i kept on saying you have credibility issues.

Stock

2018-04-22 01:16 | Report Abuse

1. That’s not what you replied to itch a few hours ago. I quote you: ‘‘Further investigation on WTI made me understand that its not that suitable for high middle distillate yield refineries like HY.’

The point i want to make is that you did not do a proper research on the suitability of hengyuan using WTI and yet you trumpet it as the gospel truth. But to you, you are not a paid service, you are not an IB. So you can say what you want because nobody should hold you responsible for what you say. FYI, that is exactly why the government came up with fake news law.

2. I quote you: ‘the rules are broken....and you can do whatever u want - there is no restriction/limits to it.’

It shows your class and maturity.

Let me advise you, you are only brave to do this because you are hiding behind an anonymous name. You think no one will find out who you really are. Dont be so sure about that.

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Posted by probability > Apr 22, 2018 01:00 AM | Report Abuse

answer: yes i did, and i still believe so. But its apparent now that there is practical issue to implement this combined with some process reasons (minor).

answer: for me if someone use that to hurt me, the rules are broken....and you can do whatever u want - there is no restriction/limits to it.

Stock

2018-04-22 00:53 | Report Abuse

1. Divert queries to what men? It was you who made the claim that hengyuan can use WTI. Are you now saying you never said hengyuan can use WTI and profit from the price difference?

2. When did i ever say you cannot use profanity? I only said keep it between you and me. Dont involve my mother when you use profanities.

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Posted by probability > Apr 22, 2018 12:13 AM | Report Abuse

you are first class hypocrite..if you are really a man (not a faggot) - divert you fxxking queries to these men not me:

Such queries/accusations of yours are actually more valid to those whom you pay for subscription - for investment service and to those well known public figures who gives recommendation publicly and has a higher responsibility to the society including IBs.

You can use prick on me...and i cant use foul language? There is level of foul language allowed?

First class faggot.

Stock

2018-04-21 23:57 | Report Abuse

Probability,

In the case of the WTI, you should not have derided and chided everyone who challenged your claim. You claimed of your intense industrial knowledge and argued as though your words were the gospel truth.

Unfortunately, your claim back then of hengyuan being able to use WTI is not a fact which you claimed was 100% truth. Fact means truth. As it turns out months later after you repeatedly claim is fact, today, you said that:

‘Further investigation on WTI made me understand that its not that suitable for high middle distillate yield refineries like HY.’

So it was not a fact at all all this while. It’s a figment of your imagination which you peddle to be ‘industrial knowledge’ and your ‘upperhand trade secrets’. And now you have revealed that it was actually an information which you actually did not really know and did not thoroughly research until now.

And what ‘news that surfaced’? Was there any news which supported your claim back then that hengyuan could use WTI? No, there wasnt. It is all based on your unscrupulous action of spreading half-baked fairy tales.

The question many members here is asking now is whether hengyuan can actually use WTI. I am not such ‘industry expert’ and i certainly do not know the answer. There is no shame in me saying this. But whatever yes or no answer that comes from you, let me tell you this, experienced members will not put an ounce of faith into what you say. You have admitted and have been caught peddling self-interest fairy tales here. To many of us here, you have lost your credibility.

There is nothing personal here between you and me until you repeatedly used profanities and vulgarities against my mother. That was low class and of bad taste. That, i will hold against you.

The real reason why you are viewed with much distrust here when you were respected here up to 3 weeks ago, or simply from hero to zero, is your own doing. You are Peddling fake news to suit your investment needs at the expense of members here. We come here to share, but you come here to take advantage of us. Reflect upon that.

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Posted by probability > Apr 21, 2018 11:17 PM | Report Abuse

All information presented here are based on my industrial knowledge and news that surfaced.

Stock

2018-04-21 22:23 | Report Abuse

I wish to highlight that you were very confident of that fact then and you scolded and chided commenters who did not agree with the use of WTI. Does this mean you were bullshitting through your nose back then without knowing the real facts? If that is not called fake news, i dont know what is.

And to think that so many of us believed you because you spoke with so much conviction, believe and expertise. I was also fooled by you. This is a lesson learnt by me.

And you should understand why so many of us cannot believe in anything you say nowadays because your ‘facts’ change 180 degrees the moment you sell off your hengyuan shares at a cutloss price. You have 0 credibility.

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Posted by probability > Apr 21, 2018 09:52 PM | Report Abuse

Further investigation on WTI made me understand that its not that suitable for high middle distillate yield refineries like HY.

Stock

2018-04-21 21:48 | Report Abuse

Why is yor margin so much lower than the 2 numbers i calculated and showed? Please show how your $5.69 was derived. There must be a means of arriving at a final figure.

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Posted by probability > Apr 21, 2018 09:45 PM | Report Abuse

5.69 USD/Brl......average "REFINING" MARGIN.

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2018-04-21 21:43 | Report Abuse

You have some serious delusional problem. I am merely doing what you do to me. Dont ever talk vulgar about other people’s mother or any family member. Dont worry, i will not go so low as you.

Dont do unto others what you dont want others do unto you.

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Posted by probability > Apr 21, 2018 09:36 PM | Report Abuse

John...just do one thing...you are not happy with the facts i am presenting...attack them...not me...

and i have all the rights to chose when to respond to your queries and when not.

Do not start personal attack.

A person with your knowledge should easily have the common sense to understand this logic.

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2018-04-21 21:31 | Report Abuse

Why bother to delete? The damage has already been done on the person your message targeted. Besides, your vulgar messages are copied and pasted on our replies. This is the digital world. Messages sent out stay forever.

Your act of deleting your own messages is just to erase your track. If you are man enough to do, be man enough to live and face what you have do. If not, in the future, think thoroughly before you commit.

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Posted by probability > Apr 21, 2018 09:24 PM | Report Abuse

Jenny...i will now delete my foul messages...but i think u need to be a little fair in telling others not to start the foul language war.

I can tell u never did i in i3 be the one who initiates such thing...

Stock

2018-04-21 21:22 | Report Abuse

1st, it is spelt ‘faggot’.

2nd, in the modern society we live in, there is no place for discrimination against the LGBTs. They do not choose how they are born into. They are only trying to live like the rest of us. So please, dont discriminate against them or use their predicament as your entertainment or vulgar retort.

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Posted by probability > Apr 21, 2018 09:14 PM | Report Abuse

confirmed fagot leh...he need to refer to internet before he start fxxking...lol!

Stock

2018-04-21 21:13 | Report Abuse

I’ve read that erectile dysfunction causes a lot of stress to the patient. And of course self doubt and lost of self confidence. I am not a doctor but progress has been made in this field where many men have been medically assisted.

In the case of men with smaller than average penis size, i believe it is society’s fault that places emphasis on big being better than small. Accept who you are and you will find the world a much better place.

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Posted by probability > Apr 21, 2018 09:05 PM | Report Abuse

eh fagot john...just shut up lah...dont bring rubbish here..