future value worth more than 5.80, you need to trust yourself to hold or ave down

but dont rush to buy on Mon, TA wise support broken, might touch next support 2.23

below 2.23 will be next collection

im buying all the way down and happy for the discount, collect HY too

compare to HY, Petronm can give >20c div this year ! hooray

if have 200 lots x .20 = 4k div this year

if ave 5.0 and by end year rm8 (history may repeat itself), 200 lots x rm3 capital earnings = 60k profits !

why? bcoz gloves is a short term rebound, ride while it hot... when vaccine arrives in msia in Feb, market will dump gloves again

super sale, those dont buy and keep at least until early mar will be very regret !

the sell was 1st on bursa correction, then politics, then panic on covid19 high case sentiment (thats why gloves is trending), market worry if gov apply lockdown

there will be no nation lockdown again for sure, only high case area will put under cmco and senai area where VS operates life still goes as normal

as business runs as usual, nothing affect the fundamental

keep collect in trances all the way down, 2021 will be best ever annual profit

jackpot buy below 6.0
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Stock: [SUPERMX]: SUPERMAX CORP BHD
Jan 6, 2021 2:00 PM | Report Abuse

last ime rm9 also buy then cut loss, now at bottom rm5.8 also dont wanna buy

selling done, now will move up until trend break

at the same time, while people sell refinery, i am happy to collect

in 2 mths time, when msia receive vaccine, gloves will downtrend back, recovery sector and refinery comes into play

i bought gloves yday
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SuperPanda so time like this, faster buy gloves back while it hot before another downtrend
07/01/2021 8:03 PM

its an ignorance thinking that refinery only depending on crack spread margin

you must be beginner in refinery

so time like this, faster buy gloves back while it hot before another downtrend

if lock down, as long as people can move around with vehicle still ok

gov cant survice total lockdown, no money left, has to live with it, take care of ourself

easily back to 5.40 next week

bursa has drop for almost 4 wks, time to rebound soon, just need a little bit more patience

volatility is the nature of stock market, dont let it drown you

its not easy to control feeling and emotion when it comes to money, thats why experience, technique and capital control is important

goreng on profit growth stock is much easier to win than those goreng with -ve earnings

collect at low and sell higher

next qtr another big profit, all variables very bullish

- crude bought at lower price
- crack spread margin +ve
- retail price high and higher

but now market bearish, price drop, its time to collect not to sell

when the sector is bullish, you should buy and hold and only sell at strenght

if you are bullish on a sector, you should keep it long and buy more when market panic

bought all the way down till 5.48, pity those sellers if cut loss a profit growth stock

below 2.4 good discount price, grab while it last

collect today 5.60, tomorrow queue buy again 5.50 all the way down

oil up, retail price up, crack spread >3usd, next qtr will be very good and so the other coming qtr

political issue, umno wants to pull out from gov, damn politician

should voted out those politician,crazy for power instead of people being during covid

last ime rm9 also buy then cut loss, now at bottom rm5.8 also dont wanna buy

selling done, now will move up until trend break

sold take profit, thanks eg

thats why we should hedging oil gas counter related esp refinery when we expecting more profit from their business

we pay more at the pump, we earn at the counter

expecting dead cat bounce but has creating new support, will hold for next couple weeks

yday bought and today continue collect.. sell sell

cool and chill, the previous refinery rally take a year time, now less than 3 mths, some already earn 100%, if want get another 50%, pls wait for another 3 mths

must be patience like operator

expensive we sell, cheap we buy, now been the cheapest since few mths back

if drop and hit our stop loss, move on

got come .505 but still waiting for .50 to collect more

if you have time, pls check with expert in refinery or do more research on refinery operation and mgmt strategy

apart from crack spread (the different in input cost and output price at a specific given time), refinery are capped between 3 variables

1-crude oil (input)
2-crack spread (margin)
3-refined product sell price (output)

in msia the refined product selling price is define by the gov, so retailer cant do much abt it

but as long as the selling price is uptrend, means refinery can sell holding stock at higher price (the holding period differ from 2wks to many)

as for crude oil, if mgmt thinks that the price will be traded higher in the future, mgmt will usually buy the crude futures to lock in the low price, so by the time crude hit high price, the can use the low price crude to refine and keep profit margin afloat (when c.spread is -ve)

at the same time, mgmt will buy crack spread futures if the price is currently low (-ve side) with the thinking that when crude price go higher in coming months, crack spread futures will turn to +ve

at this point, when the time comes, where refiner to cash out the futures contract they already bought, they can utilise the low crude cost to refine and sell the crack spread futures when its +ve, both ways they make money

and while both way make money, the uptrend in retail price will still keep the current crude & crack spread margin +ve

conclusion, being in refinery business is not only abt the crack spread margin, its abt the mgmt approach to lock profit in the futures market world, between crude, crack and refined prices.

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Sslee As long as no sudden drop in crude oil price and crack spread can stay above USD 3/Barrel. Petronm will be a very profitable company with dividend paying.

Wish all a bullish year 2021
01/01/2021 8:56 AM

sell sell sell, i wanna buy cheaper

im in, manage to grab 5.7, see if can earn some profit in few wks time

buy and cut loss is what operator wants, tomorrow drop to 5.50 another retailer cl, next 5.40

then once cut lossing done, it push back to 6.0 and do another round of diving

again and again until next fundamental is seen

the outlook for next qtr profit is very promising, retail price of petrol/diesel been continue up, a very inportant indicator

as for share price ups and downs are normal when whole market is red and other indicator drop

aiyoo ah pang, now become promoter again. once left change to naysayer

this time if you decide to leave, pls dont throw shit in other people rice bowl

price very attractive now, buy and hold until it bounce back to new high

the key here is patience, been collecting son .22~.20

the game just started, still a long way to go, ups and downs, not too late to join

dsonic will have 1 jump every 3 mths, so the next jump will be in Jan, we’ll see

but even if HSR continues in Msia, construction and steel will not have big upside on its earnings in the near term compare to refinery

HSR cancel at spore side only, Msia still proceed.

next qtr is a sure another massive profits, 3 yrs ago it was 6.5 and i said expensive, end of the year it went to 18

im not greedy, tp rm8 is good enough, 9 is bonus, 10 is a gift from God Amighty, ameen

historically its a goreng, but goreng also good if can make money, if wrong, cl and move on

not too late to join the party, collect .195, small operator early cut win, big operator will take charge later

the worst it will drop will be .16, i can afford to lose few cents but i think the game still early, more to come

sell to me .50 tomorrow

sell sell, i want to buy cheaper

tomorrow reach .62 pls, i wanna sell

collecting son, have 3k lot now ave .19, hold 3 mths for 5 figure profit

now back to hengyuan and petron, another 5 figure profit soon