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Steady performance..excellent div..no complaints at all

Discount super value

Their reserves/accumulated profit will finally turn (+) after soo many yrs

Hopefully mgmt can start give div by yr-end/nxt yr

Lets see some green arrows nxt week

Late fade but still hold up quite well

Another day closer to explosive QR..lets see what oil brings tonite

Just ignore johnzhang..everyday trolling after total loss in hengyuan

Brent usd95 still extremely strong

Hib was rm1 in Dec 2019 (prepandemic price) when oil price only usd55

Since then production alrdy 3x (Repsol)..Coming QR profit/EPS also 2x-3x prepandemic level (2019)

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Friday usually bullish oil

Expecting oil ‘futures’ rebound tonite (shorts close weekend position) but who knows..just wait&see

Mgmt alrdy clearly specify Repsol increase Hib production 3x..so profit also should 3x normal level (also need adjust higher oil price + stronger USD)

Oil price trend will remain high..Saudi last nite just increase their ‘spot’ oil price

“SINGAPORE, Aug 4 (Reuters) - Saudi Arabia raised September crude oil prices for Asian buyers to record high levels despite falling refining margins.”

Only oil ‘futures’ getting shorted right now (temporary)..spot market show extremely tight supply

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Heyy StartOfTheBull longtime no see

Lucky u follow my warning supermx 65sen last time..havent reach yet but really no difference 65sen or 80sen hor

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I was in supermx from rm10 to rm1 (warned TP 65sen)..hiaptek from 55sen to 35sen (warned TP 30sen)..hengyuan from rm6.5 to rm4 (warned TP rm3 - so far only halfway collapse pending coming QR)

Those people stuck high always say bad things - doesnt bother me at all

I only give genuine honest analysis to warn about those inevitable devastating collapse

@Anthony i3 slightly addicting when scammers start BS - sometimes take time to prove them wrong..otherwise usually slow day see whatever info provided here

I got no prob with Stingray..just he keep attack me ever since i prove him wrong in hengyuan (bruised ego)

Online also can have ego problem aiyoyo..soo weird

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Correct lo what i said

Even now crack alrdy drop, refiners will still max production b’coz still at historically normalised level/ profitable aiyoyo

Aiyoyo Stingray u misunderstand

My point is refiners will maximise production at the normalised crack spread level

If crack spread collapse below normalised level, they will slow down production to reduce supply/normalise crack spread lo

P/s: there another lesson for u

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Aiyoyo stingray where got i say such thing..u want me give u another lesson issit

Stingray Big ego problem..thought know everything but got sent back to school (now bruised ego)

Cant admit wrong even after proven wrong by time (crack spread collapse)

Stingray When proven wrong can only talk nonsense lo

Then bitter forever angry with me for whatever nonsense reason - mybe for insulting/embarrassing ur intelligence dunno lo aiyoyo

Aiyaa stingray i never say i super oil expert..but i know enough to know u know nothing about how global oil markets work

Even basic oil fundamental also dunno (crack spread collapse alrdy prove me right & prove u/hengyuan wrong)

Stingray never believe when i say oil producers always squeeze refiner margins (oil producers have pricing power)..think high crack spread can last forever

Now crack spread collapse while brent still high usd97 prove him wrong

Stingray knows about oil operation but thats his limit

Simply put, stingray is like mechanic..know pump tyre/change oil filter but no idea at all about auto sector/supply demand dynamics/refined oil drivers etc

Thats why he keep support refiner even tho i alrdy explain refiners dont have pricing power

Until now stingray blur why crack spread collapse but brent still high usd97

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Hib hold up quite well today..oil/Hib both bottoming out alrdy..another day closer to explosive QR

Hopefully both can recover tonite/tomorrow

Aiyaa stingray i alrdy tell the true story in hengyuan

U want add flavor (chased away by u/supporters blablabla) whatever lo

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Whatever lo stingray..simply create own story in hengyuan kikiki

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Aiyaa stingray hengyuan supporters like u sure got talk bad about me b’coz my hengyuan analysis/warning

Does that mean u chased me away from hengyuan?? No

I left after proven correct @ hengyuan crash to rm4..no use give warning anymore at rm4 - alrdy too late 4 regrets in hengyuan

P/s: never say stingray/johnzhang same person aiyoyo

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Aiyoo stingray where got i get chased away in hengyuan..no use be there alrdy after price collapse so leave lo

I stayed/warned about hengyuan from rm6.5 to rm4

People like u Stingray/JohnZhang etc never believe my analysis sure regret..now wrongly angry with me (should be angry at ownself never listen)

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These 3stooges attack 1st now want cry when get hit back kikiki

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Aiyaa Ular dont want explain too much about vacc here

Alrdy too late for those in TG that follow ur everyday BS last time