Yalor nice sparring with JohnZhang today..answer some of his BS

See tonite what other BS he come up with

BobAxel According to data, EU import of Rus oil now record high..all stock-up b4 Dec panic oil embargo full force

Basically Rus sanction havent even full force yet

Oil/gas will get much more expensive heading into winter

“On June 3, the EU adopted a partial embargo on Russian oil which will ban seaborne imports of Russian crude oil as of December 5, 2022”

BobAxel Rus oil embargo starts Dec 5..now like ‘grace period’ 4 EU states to make necessary preparation (stock up now/find other supply etc)

Fyi Rus sanction havent even come into force yet..only start in Dec if not mistaken

Oil/gas will get much more expensive heading into winter

“Wednesday: Rus Foreign Minister Sergei Lavrov says Russia's objectives in Ukraine now extend beyond eastern Donbas region” (CNN)

Aiyoo JohnZhang if market forward looking to global recession, then all will collapse lo

No need write soo long check oil what price blablabla during recession kikiki

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Walao JohnZhang these numbers in QR..got auditor leh

U think can just bluff meh aiyoyo..really useless troll

Ular Revenue u can use mgmt projection number @ 1.3Bil (minimum)

But profit cannot follow mgmt projection @ 541Mil..need to exclude ‘negative goodwill’ 300Mil++ (no more nxt QR)..but also need adjust higher profit b’coz higher oil price + stronger USD

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Aiyoo Ular u forgot wear glasses after lunch issit..where got i give revenue projection

I only quote mgmt give this projection in QR - “Had the FIPC Group been acquired on 1 July 2021, the Group’s revenue and PAT for the Current Period would have been RM1,321.1 million and RM541.4 million respectively.”

This sleeping giant just waiting explosive QR nxt month..then can limit up/re-rating

Now just need patience..let it play at this range 4 now

Aiyaa oil/gas interchangeable..just online forum chitchat, not AGM no need soo specific

Aiyoo JohnZhang mgmt basically use Repsol production capacity (known info) & Q1 oil price to estimate Q1 profit (if Repsol acquisition was finalised earlier)

If mgmt calculation also dont believe then hard lo aiyoyo

Aiyoo JohnZhang u never read QR properly meh

Q1 didnt capture Repsol production yet..somemore less oil order/delivery pending Repsol deal completion

See QR pg13 alrdy clarify:

“Had the FIPC Group been acquired on 1 July 2021, the Group’s revenue and PAT for the Current Period would have been RM1,321.1 million and RM541.4 million respectively.”

Aiyaa JohnZhang if didnt lose much in hengyuan then why soo angry at me?? Nonstop spamming here somemore

Ur actions speak louder than words

HY collapse b’coz bad fundamentals (crack spread normalise) but apparently these spammers blame me

What 2 do..public forum just have to tolerate their spam lo

Aiyaa these hengyuan spammers twisting my words

I always said hengyuan inevitable collapse either (1) crack spread normalise @ wide spread fundamentally unsustainable or (2) oil price drop

Sure enough crack spread now normalise to usd10 even tho oil price still high

Walao whole page just full JohnZhang BS kikiki

“Thursday: Petronas sold a cargo of Labuan crude at a record premium of more than $20 a barrel to dated Brent amid tight supplies for sweet crude in the region.”

Hib valuation very simple

Hib was rm1 in Dec 2019 (prepandemic price)

In fact, Hib lowest share price throughout 2019 was 86sen (now super undervalue)

Now biz (oil price/production capacity) much2 better vs 2019 - mid/longterm price going much2 higher

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Brent ‘spot price’ usd104 - WTI ‘spot price’ usd97

Brent ‘futures‘ usd103 - WTI ‘futures’ usd95

Brent ‘spot price’ green week-over-week (from usd102 up to usd104)

WTI ‘spot price’ flat week-over-week @ usd97

Brent ‘futures’ green week-over-week (from usd100 up to usd103)

WTI ‘futures’ red week-over-week (from usd97 down to usd95)

Our MY Tapis oil strong @ usd125 (yearly peak usd133)

How will Hib perform Monday/nxt week based on above data - no idea kikiki..just wait&see

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Kikiki tq Ular funny rr88 story

Ular How long alrdy rr88 stuck/promoter in TG??

U TG guardian sure know

Crack spread break new low @ usd11 (65% drop from peak usd33)

Another low volume day..all just waiting to dump b4 collapse to rm3 (historical fair value)

Coming QR will be 1st time include Repsol oil/gas production

See bigboss nonstop topup can alrdy expect explosive QR+div

Let it play 80sen++ range 4 now..ready limit up nxt month

Hib the only upstream oil/gas producer in town..revenue in USD but operating expense (salary etc) in RM

Xtra forex advantage 4 Hib with strong USD + high oil price

Normal lo rr88 BS everywhere

Still remember rr88 BS supermx collapse from rm4/6/8/10

When finally collapse rm12, take credit kikiki

P/s: never knew rr88 stuck in TG now

Aiyaa DKyle better switch to Hib

Armada income based on stable charter rates (QR stagnant)..Hib income based on high oil price sold in USD (explosive QR)

Hib clear winner

Aiyaa natsuko just bitter @ too much loss in glove/dnex

Now call everything collapse kikiki

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Lets see if oil can recover during US session tonite..still very2 tight supply

Asia oil trading session usually low volume (abit misleading)

Manage close 0.85..never doubt kyy leh

Fundamentally still making very2 strong profits at current oil price range

Now just wait Sabah settlement..wait explosive QR..wait limit up

P/s: nice to have kyy on board also..mybe can limit up faster kikiki

Sabah dispute not only affect Hib..will affect all future tax practice

Both side need sit 1 table resolve..delay longtime alrdy

Once settle can have another big rally

Today just 1st day run-up heading into explosive QR

Still extremely undervalue - expected profit few hundred Mil

Aiyaa when kyy promote at bottom price just join lo

If kyy still promote when rm1.5 then different story

Use own judgement lo

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Relax should recover by friday..temporary red wave

Vtrade start competition but never set own price

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Walao rr88 shout supermx collapse from rm4/6/8/10

When finally collapse @ rm12 want take credit kikiki..really nonsense

This chinaman company QR didint perform, no div, no buyback

Now want issue 5Bil bond squeeze shareholders somemore

Oil still going strong @ Brent usd106

Global supply soo extremely tight

Hib the only upstream oil/gas producer in town..revenue in USD but operating expense (salary etc) in RM

Xtra forex advantage 4 Hib with strong USD + high oil price

Normal lo rr88 everywhere BS kikiki..just ignore

P/s: never know rr88 stuck in TG..still remember he call supermx collapse at rm4..instead price rocket to rm12 kikiki