If the sales is low, HY will suffer hedging loss. See the demand.

3 legs , next week MACD gold cross , can up 60 cent from here?

when oil price down, worry about inventory loss. when oil price up, worry about high operation cost.
crack spread up, hedging loss, crack spread down, business loss
No matter how you think. HY made huge profit in this quarter as they earn big in inventory gains and advantage of crack spread.

With such high crack spread , HY make a lot of money at physical market but may loss in hedging
Assume crack spread profit 513 m
hedging loss 250m
inventory gains for Jan -Feb= 256m
lets see is this Q can challenge HY highest EPS Record of 120.59 in 2017?

https://timesofindia.indiatimes.com/business/india-business/jet-fuel-price-sees-18-jump-air-fares-to-rise/articleshow/90280612.cms

Just as oil producers and consumers have the ability to hedge their exposure to volatile petroleum prices, refiners have the ability to hedge their exposure as well. In fact, one could argue that refiners face an even greater need to hedge than producers and consumers as their profit margins are based on the price of not one commodity, but at least two and often several: the price of their input (crude oil) as well as their outputs (bunker fuel, heating oil, gasoline, diesel fuel, gasoil, jet fuel, etc.). In order to mitigate their exposure to crack spread price volatility, many refiners hedge the crack spread by purchasing crude oil futures or swaps and simultaneously selling refined products futures or swaps as the results allows the refiner to lock-in or fix the refining margin.
https://www.mercatusenergy.com/blog/bid/72741/an-introduction-to-crack-spread-hedging#:~:text=In%20order%20to%20mitigate%20their,or%20fix%20the%20refining%20margin.

worldwide market crash 2.5 is not dream

if 3.6 break, see u at 3.3. C22 gg

Q at 3.8, will it go to 3.6?

who chase high c22 that day have to wait for miracle

sorry for those cut loss this morning, rebound, uptrend intact

https://my.tradingview.com/symbols/NYMEX-D1N1%21/
Mogas 92 crack spread 17.9. History High.

hold and buy more when come to 3.8

so slow...

need holding power for this stock. worth to hold and c

china buy discount crude oil from russia
this stock Big boss is China

accumulation is so obvious. rebound soon??

Dear klguy
1.20
If they annou the result before 24/5, your C22 will become gold. Just my 2cent , kopitiam standard, dont be serious yah.

Drop fast

crack spread profit
10.7m x usd 12 x 4 =

Assume they have 18days stock in Dec , sales maintains 10.7 m , crude price spike USD 9 in 18 days

10.7m x 18/90 x (9)x 4.0 =77m

If the crude oil maintain the uptrend from Jan to end of March
inventory make profit every day
77m x 90/18 = 385m

talking about Inventory gain from oil spike only.
Kopitiam estimation . Hope a pro can help to give a pro estimation about it. Thank you.

We have 3 Aces , Syndicate pretend they have royal flush, 2 more rounds to go. All in or fold?

C22 worth 0 better avoid it.

No Media report about the profit QR, obviously syndicate instruct some party to keep silent. not collect enough, told u 3.8 is coming.

3.80...

wait for 0.10

Many start worry about oil price to drop back to 90 , but eventually the Quarter result is mostly affected by crack spread. Syndicate use retailers fear to collect cheap ticket. it will only rocket up after retailers cut meat. Syndicate dont like us to collect cheap, they want us to chase high

this quarter may reach 350M profit and if the crack spread stay above 12, yearly EPS should be 4.80
https://www.indexmundi.com/commodities/?commodity=jet-fuel&months=60

https://www.tradingview.com/symbols/NYMEX-D1N1%21/

still 1.3? is this some kind of joke?

retailer buy too much CW, MM not charity fund , they wont let it fly until the hot CW 432422 is expired

3.80 is coming....

if up 3 cent is limit up , yes , sure it can.

bad QR, run

not bad

hold for another 3months next quarter profit might be 300m ++ as the mogas 92 crack spread is 5 years high.

0.22 coming

fantastic result？？

uncle
选好了一只有潜能的IPO “ 发育股 ” 後，事先拟出一个完整的12到18个月的战略，然后从股票挂牌第一天开始收集一切市场的交易数据，以立下不败之地。在执行整个战略期间，应用 “ 阴阳八卦阵 ” 高度进行交易，把每股的成本降到最低。最重要的是在进行的整个过程中，不必也不要被市场里和周围的杂声影响而自乱阵脚 。

你要不是分析技术太烂就是刻意一边唱好一边出票。不管是哪一个，请不要滥用中华文化来满足你的个人欲望。谢谢。

fly

https://careta.my/article/proton-bakal-hadir-dengan-dua-suv-baharu-x80-x90

https://www.freemalaysiatoday.com/category/nation/2019/01/10/najib-are-you-saying-they-can-only-smoke-in-middle-of-road-and-wait-for-bus-to-ram-into-them/

just to remind , he is back.

discount price as MM press to kill call warrant. grab this bargain before MM buy back

Post removed.Why?

people used to MRCB below 0.4 but will realize 0.6++ is the true color of it.

To prove DingDing is wrong , jibjib must resume what Ding had scrap？？

Jib Jib favorite : 1mdb, Bandar Malaysia , HSR, GST & RoseMa

https://mothership.sg/2021/09/najib-rumour-economic-adviser/

No surprise if we heard HSR come on table again ,right? good luck!

big wall at 2.70 telling Dialog not welcome contra player

PE 5.7 , crazy

wow so cheap

this is charity org ,the only function is to feed useless parasite