Fat management fees :
Year 2022
Fund management fee RM 3,562,242
Investment advisory fee RM 3,562,242

Who are the winners?

On behalf of the Board of Directors of icapital.biz Berhad, we wish to announce that the Net Asset Value per share of icapital.biz Berhad as at 28 December 2022 is 3.27

current share price 2.00 is 60% below the Net Asset as at 28 Dec 2022 of RM 3.27 . SSlee should buy and prod the BOD to dissolve the fund and pay back to shareholders...

many funds which are run by old and outdated fund managers with fat salaries underperformed EPF over last 10 years

My pick for year 2023
Pmetal 15%
Kawan 15%
Mynews 10%
Myeg 10%
Airport 10%
Jaks 10%
Toyo 10%
Unisem 10%
Harta 10%

take some profit from Toyo, the rest of the shares are free shares after up 100%.

Dr M has destroyed the country jurisdiction system during his premiership in the past 20 years. He has stirred up racial issue for the past 70 years...enough is enough.

so far so good. Look like the power plant project will be on (the Company is currently finalising a contract in relation to its power plant project in Vietnam.), otherwise investors of RM 354 million will not want to settle for ICULS...

wow, up 100% in just a week..
Likely a good news coming as share price moving ahead of news

today up 18%, can get abalone not just Starbucks

congrat to those bought at 70 sen and below...

don't panic sale... companies in commodity businesses used to be very volatile in profit or loss. Ann Joo also reported huge losses, wiped out all profits this year but no panic sale.

oversold....

mkt cheers Anwar become PM 10. Luckily not PAS in power...

hy price slowly trending up ahead of results

i agreed with Ular PE 1.5 target price of RM 6.33, like can hit before or after results out, depending on mkt sentiment

after taking profit 50% of hy shares in my portpolio from 4.70-4.90 lately, i bet again Hy today...

Diesel shortage not over yet...

https://www.washingtonpost.com/business/2022/11/10/diesel-energy-biden-economy/

https://www.nytimes.com/2022/11/10/business/energy-environment/diesel-prices-inflation.html

game not over so soon....

https://globalnews.ca/news/9244361/us-diesel-shortage-canada/

https://www.cnbc.com/2022/10/30/diesel-market-in-perfect-storm-as-prices-surge-and-supplies-dwindle.html

https://oilprice.com/Energy/Energy-General/The-US-Diesel-Shortage-Is-Worsening.html

almost same pattern as last time limit up....

limit up again?

price goes up again, very happy

https://oilprice.com/Latest-Energy-News/World-News/Russia-Mobilizes-Troops-And-Prepares-Sham-Referendums-In-Occupied-Ukraine.html

agreed. Keep investment simple.

Posted by probability > 1 hour ago | Report Abuse
Diesel at 46% yield, cracks USD 45/brl
www.tradingview.com/symbols/NYMEX-GZ1!/

Gross margin from Diesel alone
= (10.7 million x 46%) x (45 USD/brl) x (MYR 4.5/USD)
= 996 million MYR .....

PBT = 916 million
PAT = 696 million
EPS = 2.32
----------------

even with EPS of RM 4 this FY, current price of RM 4+, the margin of safety is very high. I am happy to bet some at RM 4.30 yesterday and today. Will continnue to buy at 4.20, 4.10 and RM 4(MM target price)..... :)

today can fish again @ 4.30. Margin of safety is very high at current fire sale price

Per SSLee final warning yesterday, MM should be fired for failing to bring HY price down to RM 4.00

MM target price cannot achieve.

hy looks good today.

a good closing today...

after 1 year ago, when i bought PMB, mkt cap was less than RM 2b, now its mkt cap is more than RM 5b. If compared with Pmetal mkt cap, still has a lot of room to grow...

crude oil price is too high. When it is over USD 80 it will surely reduce consumption...

i think uncle is having a right call this round.
But most of the time, when uncle call sell, it is time to buy. This uncle golden rule 90% correct.

uncle KYY golden rule proven again : When uncle called sell, price will go up. You bought yesterday when uncle call sell, you make money today...

uncle KYY golden rule proven again : When uncle called sell, price will go up. You bought yesterday when uncle call sell, you make money today...

as usual, follow the proven rule : when uncle Kyy said sell, then is the time to buy.

Any reason it is negative USD 30?

Thank you probability. But it does not make sense to be negative USD 30?

@ Probability
Why fuel oil crack spread is (negative) 25 USD?
What is your estimated ave crack spread for petronm?





*************
EU refinery are 90% simple type, asians like HY are mainly complex type

for simplicity they product yields are as per below:

keyword note - this output ratio cannot be altered

Simple refinery:
...............

40% Gasoline (crack spread : 7 USD/brl)
20% Diesel (crack spread: 50 USD/brl
10% Jet Fuel and other (crack spread at: 20 USD/brl)
30% Fuel Oil ( crack spread : - 25 USD.brl)

avg margin: 7.3 USD/brl

Complex refinery:
.................

30% Gasoline (crack spread : 7 USD/brl)
50% Diesel (crack spread: 50 USD/brl
18% Jet Fuel and other (crack spread at: 20 USD/brl)
2% Fuel Oil ( crack spread : - 25 USD.brl)

avg margin: 30 USD/brl

any other superstock?

So far this year PMB Tech is a stock where almost everyone make money, now all time high again...

Correct lah. Ular bought yesterday? Yesterday panic sale dapat bayak RM 4.40

not bad today price. Yesterday bottom fish at RM 4.40
Waiting for MM target price RM 4 so that i can fish more...

Very correct...

***************
Sslee
“In the short run, the market is a voting machine but in the long run, it is a weighing machine.”
The market has spoken:

You have my respect if you advice based on TA you should sell your HRC and wait for break through signal to buy back again.

But if you are using fear, misinformation, deceived and unethical means to induce people to vote for you in selling their HRC just because you hate someone or for you/your syndicate to buy low then sell high again. I can only hope your conscious is clear and sleep well.

could start bottom fishing again.
don't know this round can go how low due to fear...

MM very hard working spamming.
When reach RM 4, i will buy big again as margin of safety is very high...

hope price can come down to RM 4 again so that i can buy big again...

why some have so much time to spam in this forum. There are other stocks to make money like Myeg, Pmbtech, etc... Today Pmetal also started to move due to energy crisis. HY is just one of the few thousand stocks in KLSE.

take some profit from PMBTech, big winning stock this year...

stop fighting, let's make some money...