higher crack is Q2 2015 is USD18, go read the chart, now the crack no way near there yet

higher crack is Q2 2015 is USD18, go read the chart, now the crack no way near there yet

higher crack is Q2 2015 is USD18, go read the chart, now the crack no way near there yet

hi sifus out there, why Q3 2016 suddenly lost, if you find something pls share

https://www.quandl.com/data/CHRIS/CME_1NB1-Singapore-Mogas-92-Unleaded-Platts-Brent-Crack-Spread-Futures-Continuous-Contract-1-1NB1-Front-Month

from above chart, year 2015 crack spread higher than year 2016, and is higher than 2017 first half, so the net profit for 2017 may not be so high as forcast

i still figure why Q3 2016 earning is negative, will post when have time and get it

https://www.quandl.com/data/CHRIS/CME_1NB1-Singapore-Mogas-92-Unleaded-Platts-Brent-Crack-Spread-Futures-Continuous-Contract-1-1NB1-Front-Month

from above chart, year 2015 crack spread higher than year 2016, and is higher than 2017 first half, so the net profit for 2017 may not be so high as forcast

i still figure why Q3 2016 earning is negative, will post when have time and get it

read thru Q3 2016 , no reason was given to suddenly quarter lost

https://www.quandl.com/data/CHRIS/CME_1NB1-Singapore-Mogas-92-Unleaded-Platts-Brent-Crack-Spread-Futures-Continuous-Contract-1-1NB1-Front-Month

from above chart, year 2015 crack spread higher than year 2016, and is higher than 2017 first half, so the net profit for 2017 may not be so high as forcast

i still figure why Q3 2016 earning is negative, will post when have time and get it

https://www.quandl.com/data/CHRIS/CME_1NB1-Singapore-Mogas-92-Unleaded-Platts-Brent-Crack-Spread-Futures-Continuous-Contract-1-1NB1-Front-Month

from above chart, year 2015 crack spread higher than year 2016, and is higher than 2017 first half, so the net profit for 2017 may not be so high as forcast

i still figure why Q3 2016 earning is negative, will post when have time and get it

Posted by 360Capitalist > Jul 30, 2017 09:53 PM | Report Abuse

http://www.rigzone.com/news/oil_gas/a/151092/Indias_Reliance_Industries_1Q_Standalone_Profit_Up_9_Tops_Estimates


Gross refining margin, or profit earned on each barrel of crude processed - a key profitability gauge for a refiner, was at a nine-year high of $11.9 per barrel for the quarter, outperforming the benchmark Singapore complex margins by $5.5 per barrel.

Gross refining margin, or profit earned on each barrel of crude processed - a key profitability gauge for a refiner, was at a nine-year high of $11.9 per barrel for the quarter, outperforming the benchmark Singapore complex margins by $5.5 per barrel.


Actually the crack spread is futures used by refiner to hedge their risk, so it could be outperforming, and it also can be underperforming,
correct me if i am wrong

the inventory avg 30 to 40days (page59 AR2016) say 36days, the stock lost will double to 82.5M.

on 21 june 2017, USD 10m or rm43M paid to the new term loan 200M taken dec16 (p13 Q1'17)



if draw a USD$8.25 line to the crack spread chart, it is appopriate, i would not said it is a conservative assumption




assume operating cost & financing cost (for old loan) same as Q1, add in the additional stock lost and finance cost mentioned above the eps for Q2 is 39sen

the inventory avg 30 to 40days (page59 AR2016) say 36days, the stock lost will double to 82.5M.

on 21 june 2017, USD 10m or rm43M paid to the new term loan 200M taken dec16 (p13 Q1'17)



if draw a USD$8.25 line to the crack spread chart, it is appopriate, i would not said it is a conservative assumption




assume operating cost & financing cost (for old loan) same as Q1, add in the additional stock lost and finance cost mentioned above the eps for Q2 is 39sen

the inventory avg 30 to 40days (page59 AR2016) say 36days, the stock lost will double to 82.5M.

on 21 june 2017, USD 10m or rm43M paid to the new term loan 200M taken dec16 (p13 Q1'17)



if draw a USD$8.25 line to the crack spread chart, it is appopriate, i would not said it is a conservative assumption




assume operating cost & financing cost (for old loan) same as Q1, add in the additional stock lost and finance cost mentioned above the eps for Q2 is 39sen

hi all sifus out there, i have commented on blog regard full potential of heng yuan, welcome your all advise so that i can improve my skill in stock analysis

hi all sifus out there, i have commented on blog regard full potential of heng yuan, welcome your all advise so that i can improve my skill in stock analysis

hi all sifus out there, i have commented on blog regard full potential of heng yuan, welcome your all advise so that i can improve my skill in stock analysis

assume operating cost & financing cost (for old loan) same as Q1, add in the additional stock lost and finance cost mentioned above the eps for Q2 is 39sen

if draw a USD$8.25 line to the crack spread chart, it is appopriate, i would nat said it is a conservative assumption

on 21 june 2017, USD 10m or rm43M paid to the new term loan 200M taken dec16 (p13 Q1'17)

the inventory avg 30 to 40days (page59 AR2016) say 36days, the stock lost will double to 82.5M.

ya master erkongseng recommend melati at 1 , tekseng also, look price now

Solar energy good prospects is for energy producing companies which using solar panels because its getting cheaper and cheaper, therefore its bad for solar cells panel manufacturers like TS actually, wanna invest in an industry, need to differentiate every segment of the industry, my 2c

seem like total cost per barrel worst than hibiscus

if so pls disclose in QR

what is the tax beside income tax, dont tell me you mine every barrel of oil you need to pay tax

the management just promote on chinese newspaper recenty say net profit per barrel how much hom much, daily profit how much, at the end loss, very dissapointed

Bad news shengyi from china hong kong is building factory to produce solar panel glass in melaka, add more n more capacity

Solar market won't be recover until china overcapacity in solar panels is resolved

if also like hibiscus $28.3, then total cost could be $53.60/barrel, higher than brent price now, any sifu have comments on this?

for hibiscus OPEX per barrel is $15.30 total cost per barrel could be $43.50, reach OPEX per barrel is $25, QR report did not provide admin & other cost, any sifu have info on this?

total cost usd$43.50 correct? sifus outthere pls comment

worse if purchase of sabah asset rejected by petronas carigali

if total cost $43.50 per barrel is correct, current brent $52 is profitable but not that attractive

my above analysis is it correct, can all sifu advise?

from latest QR, cummulative 9months avg OPEX per barrel is $15.30, 9 months admin other expenses finance cost is 116.6M, 9months production is 972.5k barrel, work out rm120/barrel or $28.2/barrel, so total All In cost per barrel is $15.30 $28.2=43.5

Like @betta68 comment, now Income tax department always differ classified of income as in Magnum MK

Where you get this confirmation? No announcement on BURSA website, be careful of became an insider, lol?

TDM kuantan hospital new bed expansion operate already? who have the info pls share, tq

本梦比

Gamer Dans critical opinion really good. ready mix business good, restautant bad, stock good, but is right price?

IF really turnaround...., a big IF, construction is tough industry as mentioned by d 'super' investor himself,most likely the history will repeat itself

very good article

big like to felicity, at least we have both side story to helh us make investment decision

Go burst happened to sun tech power, first solar, believe the history will repeat itself

When there is overcapacity in the industry especially involve China, it really not hope

If purchase off market, better don't believe as mentioned before

Major shareholder shall buy substantial in the open market, then that is genuine

If co share buyback still not convincing

should buy in d market to show confident in co