More likely syndicate selling

Crack spread drop another 2%..2nd str8 red day

EPS/profit lower than prev qtr but alrdy goreng soo high..makes no sense at all

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Aiyaa dont fighting long2 annoy other members..focus fundamentals better

High crack spread unsustainable @ wont last beyond Q2

Good Q2 (1-off) but bad/normal Q3 onwards doesnt deserve extra valuation..easily collapse back to rm4

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S’raider gone silent must be alrdy dump high

As expected..that guy known to BS anything depend on his trading position

Should be more worried crack spread drop 15% yesterday

Good Q2 (1-off) but bad/normal Q3 onwards..doesnt deserve extra valuation @ easily back to rm4

Really BS calculation

Basically comparing ‘crack spread difference between 2 months’ & ‘change in price of oil/refined oil in 2 months’

Ofcos both value same lo..by definition, crack spread = price difference of oil/refined oil

Crack spread between 2months = price difference of oil/refined oil in 2months also sure same value lo aiyoyo

Dont use derogatory words in i3..else will get banned by childish people like s’raider kikiki

Aiyoyo looks like s’raider report/ban lai3bu..soo petty kikiki

Aiyaa s’raider same as rr88/pang72

All known to BS whatever fits their trading position

S’raider definitely BS alot

But HY will still fall b’coz high crack spread unsustainable

Floating shares soo low @ 300Mil (vs glove few Bil), easily collapse 20% opening price when got few big sell orders @ syndicate run

Kikiki soo big BS

Immediate collapse to rm4 lo when crack spread normalise

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Once crack spreads normalise, share price immediately collapse 50% within few days b’coz low outstanding shares (only 200Mil vs gloves few Bil floating shares take longer to collapse)

Few big sell orders @ syndicate run totally waterfall share price

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When crack spread widens, oil price will rise & narrow crack spread back to normal range

This is basic crack spread fundamental & historically proven..high crack spread definitely unsustainable

EPS barely higher than Q1’2021 alrdy goreng soo high

Gdluck lo chase high..syndicate gladly sell to u

Later dont cry motherfather when get slaughtered

Current crack spread unsustainable @ wont last beyond Q2

So huge collapse coming..will be fast&furious b’coz low floating shares

Syndicate run few big sell orders - easily 20% drop daily / 50% drop 1week

Current high crack spread unsustainable @ wont last beyond Q2

Inevitable share drop back to rm4

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Whatever lo klee..not interested 2 entertain ur petty childish comebacks

Either share info/opinion or shut up

Aiyaa klee dont believe & dont care at all how many % u earn

Klee Gdluck lo trading..just dont get slaughtered when syndicate run @ price drop 20% overnight

P/s: Go astro forum if want talk astro

Walao current EPS almost similar Q1/2021 but want goreng price 3/5x

Perfect definition of overvalue..go chase lo

P/s: July/Aug/Sept crack spread ‘futures’ dont reflect actual crack spread coming July/Aug/Sept aiyoyo

Aiyoyo if crack spread drop to average, then share price need drop to average fair value m4.5 also

Simple logic cannot understand aiyoyo

Fundamentals very weak + unsustainable

When collapse starts, easily 20%++ drop opening price

Floating shares soo low - easily collapse when 1 big sell order come in @ syndicate run..gdluck chase high

Relax klee no need panic yet..prob wont collapse this week

Just highlight weak mid/longterm fundamentals

Aiyoyo jeric dont believe/dont care at all ur daily life

U schoolboy or what believe everything online aiyoyo

Whatever lo jeric nobody cares

Aiyaa jeric share opinion or just shut up..useless troll

Kyy smart know end is near..latest hardsell is exit plan @ dump

High crack spreads cannot last..alrdy peak & coming down

Learn from glove epic collapse..current ASP/crack spread doesnt matter..market forward looking

Current crack spread doesnt matter..just like glove ASP didnt matter

Not long b4 crack spreads drop / share price collapse..even kyy hardsell looking 4 exit

Kyy once said - whoever lose money follow his stock pick, deserve it as lesson never blindly follow other people

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Petron shareholder want steal HY shareholder kikiki

Getting desperate..all want exit b4 both ship sink

Oil will go up (war) but crack spread will go down

People cannot afford high petrol/diesel price..when price too high, will see demand destruction

Stagnant petrol/diesel price + high oil price = low crack spread

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Anyway china (Top 2 largest oil refiner) alrdy start allow refineries operate again..can alrdy see crack spread start dropping

Q2 will prob give strong profit but wont sustain Q3 onwards

P/s: Becareful dont trap too long in HY..remember 2017 hype then crash from rm20 to rm4..now see same crack spread calculation BS nonsense

Have to understand HY dont care whatever oil price level

What HY dont like is volatility..more volatile means more hedging/loss

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