today is last day for IB issuer of C22 to sell balance of their shares bought for hedging and end of manipulation, with result announcement likely today. The worst should be over for now...

congrate to those bottom fish last week...

Could be also due to overhang of HY shares due to at least 2 cws expire this month.

Big boys are resting waiting for c22 to expire as they let IB or licensed mkt maker to perform their show. IB when they issued cw they would need to hedge by buying millions of hy shares. Upon expiry or prior to expiry, they will sell those shares. This is short term overhang.

Petron quarterly profit up 76% qoq, EPS 39sen

so good to chase low again today below RM 6.20

both petron and hy are a buy at good bargain today.

chase low... chase low

bottom fish HY at 6.20-6.25. Thank you....

uncle from his latest article has changed tone and looked like he is buying HY and sell his plantation stocks... Today is a good price.

wow, IB is good lah. almost back to my purchase price about 1 month ago, all profits evaporate ...
Anyway, I am happy to add n buy low....

Crack spread for Q4 2021 is averaging USD10.85.
The average Brent crude oil price is = USD77.90.

Crack spread for Q1 2022 is averaging USD13.86.
The average Brent crude oil price is = USD100.68.

Simple math, this quarter result should be much better than last quarter EPS of around 59.93sen. Inventory gain should be able to offset loss in derivative hedge.

both HY and Petron are correlated. When one sentiment is bad, the other will the same.

petronm to report results today?
They reported their results on 24th last 2 quarters. Today is 24th...

could be due to T+3, expiring of c22 next few days where IB maybe shorting.
I has warned the expected volatility of Hy earlier. If it is not due to big drop in spread, then fundamental still intact
...................................
Stock: [HENGYUAN]: HENGYUAN REFINING CO BHD

May 13, 2022 3:46 PM | Report Abuse

This month has 2 cws expiry, otherwise hengyuan will fly much faster?
Contra players be careful of volatility...

no power despite all good news...

Marathon Petroleum Corp current PE is 5...
Hengyuan PE 5 = ?

https://www.investing.com/analysis/how-high-can-grain-and-oilseed-prices-rise-200624507

Good investor must know when to buy and when to take profit...

Party over for plantation stocks?

Last time spread was around 15, price goreng to RM 15-19
This round spread is around 20-30+, price can shoot up to ???

start trending up, my short term bet on commodities namely MSC, Pmetal and Henguan made some good profit again....

“

Hopefully not big surprises in next few quarters....

However, we would like to highlight that refineries typically take on progressive hedging positions (forward sales) and due to the lack of access, we are unsure of the spot/hedge portion for both Hengyuan and Petron Malaysia,” it added.

This month has 2 cws expiry, otherwise hengyuan will fly much faster?
Contra players be careful of volatility...

Time to put cash into good use after this selldown...Bought MSC and Pmetal at good megasale price

oversold....i am the happy buyer to buy more below RM 3.50.
Price swing of tin is normal...as long as tin above 30k, msc is still making good profit.

Sifu OTB funds are in...
Uncle KYY also in so, thus creating volatility?

I think RM 10 is not a problem by end of this month.
Thank you guys for sharing information
Again this is commodity play, need to be extra careful on volatility...

It has dropped about 40% from my last sell, is it now to buy low again...

this commodity play has to buy low and sell high, or sell high and buy low again...
I am happy to buy low again...

bet some Hengyuan for short term play as portpolio cash position is still high...

Still want to support Karim ah?

No wander over 90% investors are losing money...

Should sue Karim for damages...

All investors lost their pants!!!

Serba shares become toilet paper.
Surprise not investors including institution fund sue Karim? Investors lost billion but directors kena fine few million only for this accounting scandal...

Another concern is a lot of family members are holding key position in the YTL group like that of Leong Hup. You see their share price performance over 10 years of the 2 groups you know there are some similarities...

dragon328, thank you for sharing for Ytlpower. YTLPower has been on my watchlist but it is still not convincing for me to invest until they really shows increase in profit qoq or yoy.

Plus, the mgt yet to give the market confidence they are able to deliver after the end of IPP project. (IPP project is like strike a lottery once in a lifetime). It has many failed project like Singapore operations( yet to give a good return), YES project etc

Not so simple...

Singapore business may likely give you negative surprises due to the fact that Singaporean govt is too smart to take advantage of businesses that provide utility services. This is not as simple as IPP project in Msia.

be careful of this little known CLSA report and its motive. CLSA is very small brokerage firm.

I would rather choose MPI over Genetec...

uncle just started to promote, means his ave cost is around current price.

Genetec good meh? What is the competitive advantage does it has? I thought it is a low tech metal stamp company that can be easily replaced by its clients?

US vs Malaysia


https://www.cnbc.com/2022/04/13/twitter-investors-sue-elon-musk-for-failing-to-promptly-disclose-stake.html

poor minority shareholders loss the most...

who will protect poor minority shareholders as a lot of investors lost heavily unlike big boys like CEO makes million in salary...they might loss in their investments but still have millions in their personal accounts...

investors who suffer hugh losses how? it would negatively impact the capital markets if settled by compound...

But commodity stocks cannot play too long...

Price too high will affect demand and increase supply after certain period of time.

thank you for those who sell to me at 92sen+...

those chased high loss money... those with patience n bought on weakness win...
History repeat again.

Msc is a good pick by sifu OTB. Those attacked him owned his an apology...

i am happy to bet some at 91.5sen today.

no good news of peace talk...

Plantation counters will move up again soon for short term play, my guess only

High palm oil price can be sustained for how long?

war may or may not be over soon, but sanction may not be over. They have missed the replanting season for sunflower and other crops. Edible oil supplies will remain tight at least this year...