Refer Page 22 of the annual report. HY produces 46% Diesel

https://klse1.i3investor.com/servlets/staticfile/422363.jsp

Post removed.Why?

Dear all, kindly copy paste the below link:

SINGAPORE GASOIL

https://www.tradingview.com/symbols/NYMEX-SGB1!/

The difference between above and Brent Crude would give the Crack Spread of Diesel HY will make.

This is inline with the below Crack Spread Chart for Diesel shared earlier:


Diesel (or Gasoil) crack spread: HY yield is 46%

https://www.tradingview.com/symbols/NYMEX-GZ1!/


Kerosene (or Jet Fuel) crack spread: HY yield is 7.1 %

https://www.tradingview.com/symbols/NYMEX-ASD1!/

In June the crack of Gasoil had hit 70 USD/brl

This is absolutely real margin of Gasoil in Singapore representing south east asia region. I had verified the above with multiple resources / news.

THE ABOVE IS 100% TRUE
......................

Due to hedging mechanism of HY, its possible that Q3 will be even more explosive that Q2.


Truly mind boggling. We had been so obsessed with Mogas 92 that we had overlooked on Diesel crack.

MM, suggest you really read what is being shared. Its life time opportunity for you to make money.

You dont get anything by winning your argument...

Check and verify what i have shared and act for your own benefit.

Post removed.Why?

Refer Page 22 of the annual report. HY produces 46% Diesel

https://klse1.i3investor.com/servlets/staticfile/422363.jsp

Whatever the price movement currently, the earnings cannot lie in the long run..


HY price will eventually reflect this.


Diesel Crack is not expected to come down anytime now:


Diesel Crisis Likely to Stay Unfixed by Oil Refining Revival

15 June 22'

https://www.bloomberg.com/news/articles/2022-06-15/diesel-crisis-likely-to-stay-unfixed-by-oil-refining-revival

“There is little hope that the undersupply will ease in the near future given strong demand growth and constrained refinery output,” the IEA said. The agency’s forecast for future refining processing is “not sufficient to fully meet middle distillates demand in 2022 or in 2023.”

Dear all, kindly copy paste the below link:

SINGAPORE GASOIL

https://www.tradingview.com/symbols/NYMEX-SGB1!/

The difference between above and Brent Crude would give the Crack Spread of Diesel HY will make.

This is inline with the below Crack Spread Chart for Diesel shared earlier:

https://www.tradingview.com/symbols/NYMEX-GZ1!/

Hope this proves MM is not that smart :)


Posted by MoneyMakers > Aug 1, 2022 2:25 PM | Report Abuse

Aiyoyo Probability European diesel crack got nothing to do with Asia diesel crack

EU known paying super expensive diesel b’coz of import restrictions from Rus

MY/Asia where got diesel problem aiyoyo

Wow MM got a little brain also..not bad. But unfortunately he is wrong.

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

Guys, do your homework, the Gasoil crack spread is applicable for Asia.

The gasoil singapore and gasoil europe has price difference of 1 or 2 $/brl.

Against Brent, The Gasoil crack spread for Asia is about the same.

anyone have any clarification feel free to ask

Many bitten by Q1 results due to hedging are shy to go in further, wait till Q2 results are out

Copy these on your browser:
..........................

Diesel (or Gasoil) crack spread: HY yield is 46%

https://www.tradingview.com/symbols/NYMEX-GZ1!/


Kerosene (or Jet Fuel) crack spread: HY yield is 7.1 %

https://www.tradingview.com/symbols/NYMEX-ASD1!/

Every annual report you all can see that HY produces more than 44% Diesel yield. In 2020 its was 46%. They have the option to convert to gasoline based in demand using Catalyt8uc Cracking.

At crack of 43 USD/brl for Diesel (yield 46%) and Gasoline of say even at 7 USD/brl (25%), your avg crack is already at 30 USD/brl

Kerosene & all other products like LPG are having very high crack exceeding 30 USD/brl

Even Q3 will be extraordinary

Remember you only need average 13 USD/brl to achieve EPS above RM 1 per qtr

Results out, people will miss big on HY

this is the kind of person who are so conditioned by the surroundings...like a herd of buffaloes...just work, procreate & dies...repeating the same shits his surrounding people teach him

these are the ones that will shoot people like John Lennon & Mahatma Ghandi lor

Posted by The_JQuestion > Jul 31, 2022 9:11 PM | Report Abuse

tobby how much ur paymaster pay u for spreading nonsense... other than this forum where else u very active u really TOO "FREE"

at least there wont be nuclear war lor... you have family & friends fight is no big deal....anytime can kow tim

all these interest rate concept and growth only came out because of savings one can make for investment on future growth

if we can stop population growth, demand growth will cease. Interest rate will eventually approach zero, and the rich will be forced to share their wealth to the majority poor.

its like capitalism forced to become communism indirectly

wow..thats a very deep insight from sslee. sounds true. something really to ponder

Posted by Sslee > Jul 31, 2022 7:16 PM | Report Abuse

We are once hunter-gatherer living a lifestyle in which most or all food is obtained by foraging (gathering edible wild plants) and hunting (pursuing and killing of wild animals, including catching fish), in the same way that most natural omnivores do. An equal society where food are share among eberyone because food cannot be stored.

But after we learn cultivating crops and raising domesticated animals for food production hence food can be stored or wealth can be accumulated thus greed, desire, jelousy, evil, war etc take over humankind.

FYI, Valero's Q1 2022 operating income was 1.45 Billion only

https://www.businesswire.com/news/home/20220425005988/en/Valero-Energy-Reports-First-Quarter-2022-Results

Refining

The Refining segment reported $1.45 billion of operating income for the first quarter of 2022, compared to a $592 million operating loss for the first quarter of 2021. First quarter 2022 adjusted operating income was $1.47 billion, compared to an adjusted operating loss of $506 million for the first quarter of 2021. Refinery throughput volumes averaged 2.8 million barrels per day in the first quarter of 2022, which was 390 thousand barrels per day higher than the first quarter of 2021.

Valero nearly quadruples Q2 refining margin to over $8 billion

July 29, 2022

The refiner’s executives say demand is holding up and that recent sales are near records set in June.

https://www.ogj.com/refining-processing/article/14280486/valero-nearly-quadruples-q2-refining-margin-to-over-8-billion

“We read a lot about demand destruction,” Simmons said. “We're not seeing in our system.. Our 7-day averages now are back to kind of that June level, with gasoline at pre-pandemic levels and diesel continuing to trend above pre-pandemic levels.”

For HY, they have the option of producing the CCG (Gasoline) by converting Gasoil by Catalytic cracking . Since the Gasoil margins are way higher than gasoline, they will refrain from converting the gasoil to gasoline and obtain yield exceeding 44 % for Diesel.

PetronM being a simple refiner do not have these options, and for certain their Fuel Oil will not have very low sulfur as the distillation process will enrich non-hydrocarbon components at the bottom.

yes....all the holymen at the top knows that the religion is bullshit made to have some order in community but it no longer serve any purpose in the modern world

only with religion u can play politics...by dividing people

Diesel Crisis Likely to Stay Unfixed by Oil Refining Revival

15 June 22'

https://www.bloomberg.com/news/articles/2022-06-15/diesel-crisis-likely-to-stay-unfixed-by-oil-refining-revival

“There is little hope that the undersupply will ease in the near future given strong demand growth and constrained refinery output,” the IEA said. The agency’s forecast for future refining processing is “not sufficient to fully meet middle distillates demand in 2022 or in 2023.”

Imagine there's no heaven
It's easy if you try
No hell below us
Above us, only sky
Imagine all the people
Livin' for today
Ah
Imagine there's no countries
It isn't hard to do
Nothing to kill or die for
And no religion, too
Imagine all the people
Livin' life in peace
You
You may say I'm a dreamer
But I'm not the only one
I hope someday you'll join us
And the world will be as one
Imagine no possessions
I wonder if you can
No need for greed or hunger
A brotherhood of man
Imagine all the people
Sharing all the world
You
You may say I'm a dreamer
But I'm not the only one
I hope someday you'll join us
And the world will live as one

listen to the song 'Imagine' by John Lennon

go through the lyrics - he said all need to be said

unfortunately not many could appreciate its true meanings or have the ability to imagine that deeply

he even got shot by a religious catholic

no wonder Binh Son delivered USD 420 million in a single quarter (without hedging)

crack spread for Diesel in June was 55USD/brl

no wonder Binh Son delivered USD 420 million in a single quarter (without hedging)

crack spread for Diesel in June was 55USD/brl

You need to copy paste the complete address below on your browser to see:

DIESEL crack spread:

https://www.tradingview.com/symbols/NYMEX-GZ1!/

you average up with Gasoline, you still get USD/25/brl!

You need to copy paste the complete address below on your browser to see:

DIESEL crack spread:

https://www.tradingview.com/symbols/NYMEX-GZ1!/

you average up with Gasoline, you still get USD/25/brl!

See the changes in GASOIL (DIESEL) crack spread after Mar 22'

Q2 will be explosive due to Diesel

https://www.tradingview.com/symbols/NYMEX-GZ1!/


Only complex refinery like HENGYUAN can selectively produce GASOIL (i.e DIESEL) at 44% of its output

See below pie chart:

https://klse.i3investor.com/web/blog/detail/davidtslim/136032

See the changes in GASOIL (DIESEL) crack spread after Mar 22'

Q2 will be explosive due to Diesel

https://www.tradingview.com/symbols/NYMEX-GZ1!/


Only complex refinery like HENGYUAN can selectively produce GASOIL (i.e DIESEL) at 44% of its output

See below pie chart:

https://klse.i3investor.com/web/blog/detail/davidtslim/136032

guess it has other contributor than its refinery..perhaps retail side too as they said benefited from local fuel price

USD 424 Million is too high for 130k bpd refinery in a single qtr

OMG! USD 424 million for a 130,00 bpd refinery??

HY is 156,000 bpd

..........

(US$424 million) in the second quarter, up by nearly six times from a year earlier, the company said on Tuesday.

Binh Son, which owns a 130,000-barrel-per-day refinery in central Vietnam


Posted by AC Lee > Jul 29, 2022 9:23 PM | Report Abuse

https://www.thestar.com.my/aseanplus/aseanplus-news/2022/07/26/vietnam039s-petroleum-flagship-binh-son-refinery-q2-net-profit-soars-yy-to-us424mil

HY refining margin currently is above 18 USD/brl.

Average refining margin in June is 28 USD/brl.

If in Aug its maintained at 18 USD/brl, Q3 profit which lags by 1 month (due to hedging principle it is based on June, July & Aug ) is secured at average 22 USD/brl.

PAT shall be calculated with 10.5 million barrel sales and current USD-MYR exchange rate.

...

Do not be misled by purely looking at gasoline crack spread

to all investors here including Zhuge_Liang, suggest to stay silent till the Q2 results are out...

Those giving misleading speculation by selectively showing crack spread drop of gasoline, harping on hedging uncertainty etc will continue to do so as long as you comment here

The refining margin is a composite - collective crack of Diesel, Gasoline, Kerosene, LNG etc which is currently having spot value exceeding 20 USD/brl at south east asian market.

Complex refiner like HY has the ability to selectively increase output of diesel in favor of gasoline

I bet naysayers here do not know the crack spread of Diesel and Kerosene

Take note even if the composite value drops to 13 USD/brl, HY will earn EPS exceeding RM 1 per QTR! Exchange rate from USD to RM is increasingly in favor.

The actual refining margin data will be disclosed when the results are out at end of Aug'.

Till then appreciate your silence and you will be immensely rewarded. Thanks

aiyo, you have upper hand now..as you came after price depress..you can boast around...i surrender boss

bongok...coz u quickly start attacking ma...before even seeing what i am trying to tell

you hands always on your pocket to take out your guns looks like

we can play shooting when price is much nicer than this

ha ha...no emotion now....thats more like the state i am in...more like impatience is there

market policy too unpredictable, anything can happen

just need another 2 months without any EU policy changes on russian oil or russian surrendering of course

passed the stage already.... can only hope EU dont change their mind

unlike during gloves time in 2020

does inv banlk ever give TP to HY before? so far i have not seen

sad thing about bursa is it looks as if liquidity has dried up...

no keen big investors other than Koon around to push up prices

retailers strength too low

will have fun some other time

ok -your objective here is really more on attacking commentators but not to seeking the truth

never tried to get into argument with u..so didnt realize the truth in what others had said about u

i wont get involved on such arguments

yup, even at RM 2 is even cheaper...

anyway, stock to the original point here

refinery is not comparable to gloves or palm oil and may visible factors are there

like i said earlier there is only factor for refinery which would adversely effect it - if EU & US decides retract russian oil embargo


till then you can relax on refinery stocks

no effects at all...more interested on logical arguments here


Posted by CharlesT > Jun 25, 2022 11:28 AM | Report Abuse

Btw, my average cost of HY CW n Petronm CW r very much lower than most of u here lah

Dont worry if die all go Holland together....

walao..got true face ka? Si long in i3 with me still cant figure out me ah...aiyoyo...wonder what u actually trust..surely not your kids too

you make money or dont i dont give a damn...in fact i am happy if you are richer so that at least can effect the market...

for sure, if i start arguing with you..i will win but no interest actually..seriously its not motivating at this price...

simple logic la bongok...if crack spread now at 1 USD/brl you give HY at RM also i wont buy...


when u say cheap or expensive must got basis la...plug from sky argument me?

anyway...may as you are always interested to talk about the people than the share, you sold HY last week is it? LOL!

charlest sifu not comparing apple to apple liao...sslee briefing is spot on

crack spread had been going up till to date

what basis is now at RM 4 plus cheap and not cheap at RM 7?

while share price was dropping crack spread rose by another 10 USD/brl already

market got disconnected with crack spread coz spooked by derivatives loss

basically it does not believe there is a connection till its proven

(Malaysian investors are mainly 'chicken' investors now looks like where cheap is measured by their price compared to recent high...LOL!)