Followers
3
Following
0
Blog Posts
0
Threads
7,484
Blogs
Threads
Portfolio
Follower
Following
2022-09-01 13:43 | Report Abuse
Sslee If HY hedge swaps expire/renewable monthly, will ur so-called ‘unrealised derivatives fair value loss’ become realised 1.07Bil hedging loss in Q3??
2022-09-01 13:20 | Report Abuse
If really caring/sharing - should share coming Q3 1.07Bil hedging loss + crack spread collapse
2022-08-31 23:23 | Report Abuse
Easier if limit down tomorrow
Then know collapse b’coz both (oil drop + bad QR)
2022-08-31 23:22 | Report Abuse
See oil price heavy drop (WTI left usd90) alrdy know HY collapse tomorrow
Just dunno whether collapse b’coz oil drop or bad QR (record comprehensive loss -400Mil @ after include hedging loss 1.07Bil)
2022-08-31 22:01 | Report Abuse
Q3 how to survive - need swallow 1.07Bil hedging loss (crack spread alrdy collapse somemore)
They alrdy highlight 1.07Bil hedging loss in ‘other comprehensive expense’ as WARNING of HY’s overall weakness
2022-08-31 21:30 | Report Abuse
No need panic yet..just wait&see where share price go tomorrow
P/s: better dont watch oil price tonite (collapsing)
2022-08-31 21:23 | Report Abuse
Aiyaa then why got 2 QR loss in 2021 leh
Dont BS soo much leh
2022-08-31 20:25 | Report Abuse
Aiyaa ownself queue buy rm6/6.95 better lo..such good deal
Sure got many willing seller kikiki
2022-08-31 16:59 | Report Abuse
Aiyoyo Probability longer maturity = higher risk
Thats why 6month bonds pay lower yield/interest than 10yr/30yr bonds
Longer maturity = higher risk = compensate with higher bond yield/interest
2022-08-31 16:33 | Report Abuse
Thats why commodity hedge usually short term aiyoyo
2022-08-31 15:46 | Report Abuse
Commodity daily/weekly price highly volatile - nobody gonna hedge longterm 1yr at same hedged price aiyoyo
2022-08-31 12:57 | Report Abuse
Anyway oil price dropping hard
HY sure collapse tomorrow..just dunno whether collapse b’coz oil drop or bad QR (record comprehensive loss -400Mil)
2022-08-30 20:55 | Report Abuse
Logically should dump (record ‘comprehensive loss’ -400Mil after include pending hedging loss 1.07Bil)
But mybe pump @ retail only see profit 600Mil+div
Just wait&see lo thursday kikiki
2022-08-30 20:55 | Report Abuse
Hanky panky windowdressing - just delay 1.07Bil hedging loss to Q3
Q3 crack spread alrdy collapse - how to swallow 1.07Bil hedging loss somemore
2022-08-30 20:26 | Report Abuse
Item A22: free cash/bank balance drop from (Q1) 775Mil to (Q2) 276Mil
Item A20: As of 30 June, company REFINANCING its 1.5Bil loan
P/s: HY got cashflow problem or what
2022-08-30 18:07 | Report Abuse
Q3 how to survive - pending 1.07Bil hedging loss
2022-08-30 16:24 | Report Abuse
Countdown final hour QR judgement day
Either singsong or bloodbath
2022-08-30 15:41 | Report Abuse
Tehka Nobody can give u Q2 estimate b’coz nobody know HY’s hedged price
2022-08-30 15:26 | Report Abuse
Syndicate alrdy dump high this morning
Nobody dare keep b’coz nobody can predict HY hedging loss
2022-08-30 15:15 | Report Abuse
Kahkahkah Boomberg create fake story yesterday - ‘insider info EPS rm1.36’
Not surprised at all..forever liar kikiki
2022-08-30 15:15 | Report Abuse
If another bad QR today, sure limit down below rm4 @ Thursday
2022-08-30 15:08 | Report Abuse
Looks like Boomberg stuck high in HY now
Wonder create what fake story this time
2022-08-30 15:01 | Report Abuse
Just ignore Boomberg - last time slaughtered in gloves
Everyday create fake story like bigboss privatisation / US co want takeover MY glove etc - try stop glove bloodbath but fail
2022-08-28 23:40 | Report Abuse
No use when refined oil price up but crude oil price bigger up
Thats why crack spread (refined oil - crude oil) collapse
2022-08-28 21:19 | Report Abuse
HY low-floating shares @ few big sell orders (syndicate run) easily collapse 15% instantly
Either retail dump 1st or syndicate dump 1st..choose wisely
2022-08-28 21:18 | Report Abuse
US market crash 1000 pts friday - tomorrow should be very interesting
Lets see if can get epic Monday Massacre
2022-08-28 21:18 | Report Abuse
Bad fundamentals very clear:
Crack spread alrdy collapse means Q3 onwards cannot perform
Inevitable collapse back to rm3 (historical price) - same like ASP/glove collapse
2022-08-28 17:23 | Report Abuse
Scammers love private group..means they wont be last baghodler
Can always dump on sheeps inside private group..blur2 hodl kikiki
2022-08-28 15:23 | Report Abuse
Turns out BobAxel under Mike’s Kon list kahkahkah
Thats why never believe anything posted online..say make millions whatever lo kikiki
2022-08-28 15:10 | Report Abuse
Kahkahkahkahkah thx Mike - best i3 historykeeper
Excellent record on BobAxel kikiki
2022-08-28 15:03 | Report Abuse
Mike Ur the history-keeper of i3
Is BobAxel in ur record??
2022-08-28 14:23 | Report Abuse
I warned HY collapse in June from rm6.5 to rm4..then left (no need warn if investor want buy rm4 @ neutral price)
When HY rm6 again ofcos i come back warn overvalue again lo
2022-08-28 13:28 | Report Abuse
Whatever news posted irrelevant @ alrdy priced into crack spread
Crack spread alrdy collapss
Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD
2022-09-01 14:42 | Report Abuse
Sslee Higher gross profit/physical gain alrdy realised in Q2
HY 1.07Bil hedging loss should’ve correspond with higher gross profit in Q2
But due to timing mismatch (swap expiry), will only realise hedging loss 1.07Bil in Q3 (without corresponding higher gross profit/physical gain)