Buffalo counters? Not interested....wall Street no direction....but HK is ready to pounce

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Forwards and hedging....forwards can be just one transaction being sell forward for physical deliveries.
Hedging involves two transactions one real and one virtual.
Accounting is different. Sslee, don't put so much faith in your bs calculations


There are too many variables to be exact

Sslee, why trading loss? Many things could happen. High crude prices bought forward could be charged to purchases account .....low selling prices sold forward could have been could have been credited to sales. U are not the accountant and I don't know. What I am saying is all your bs calculations are your own imaginations without any foundation any basis.

one day reaction up 50 points...........is that all? after that day all red again........................

and next question.......elections over already. Anwar is PM.........sslee cries.................why still no bull market?

take yesterday..............all signs are there the results no good........

petron results already give good guidance, HY at 4.50 not 6.50, oil has collapsed, crack has collapsed................. all the indicators are there already and my comments yesterday.

Sslee

Yalah,
MM and all the naysayers why didn't you all short sell (RSS) and make millions?
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if I could I would............ but my computer screen got no button call short.

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I think people like tan deserve to lose their funeral money.............stock market is set up to take money from tan and put into my pocket.

tan david.........did u read company explanation for the losses?


well, I have covered all the areas mentioned in the announcement, all the reasons for the bad performance....no surprises there.

tan david, u sailang all your funeral money into this stock? too bad, sorry for u but fools and their money are soon separated.

MoneyMakers

Explain many times dont even know hedged price/position/period - simply create own BS calculation
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its true.......sslee/ probabiliity has created their own BS calculations.....now want to sue HY..............where got fair like that? sslee, u will be thrown out of court

sslee........HY is still in a very weak position as at 30 / 9/ .............current liabilities more than current assets......................this company is operating under stress all the time without enough liquidity and that is why they have arranged a $ 5 billion loan facility to assists in cash flows....................each time there is large fluctuations in oil prices , this company is in cash flow difficulties.

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sslee................ u have been saying they will show hedging gains................well, they did show hedging gains and huge gross loss.

HY for the 9months $ 768 million debited to comprehensive income, for the latest 3 months $ 422 million credited to comprehensive income..............that is hedging.

we are assuming they did nothing...............................but that is patently not true.

So I do not understand
Other comprehensive (expense)/income: Q3 is RM 422,463,000 when the outstanding financial instruments are net liabilities of RM 1,113,870,000.
Qqq3 can you explain this?
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there is no link between the two numbers....Balance sheet is as at ................while P/l is the financial effects..............and the volume outstanding varies every day.

Sslee

Did all of you implied insider fraud? So are we going to stand still and let the China Scumbag get away with scamming?
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petron also gross loss. Why no one say filipino man one?

last price 3.57, not easy to break 3.50.....................................................

Singapore nice place.........if u are billionaire.

will it break below 3.50 today?

who is lucky singapore girl?

HSI up 400 points today , western media say bad thing about China but HSI go up........................

xinte up 1, geely up 1, byd up 9, sence time up 10 sen.......................all my china man shares do very well woh....................................................

petron also gross loss....why people don't say filipino man one?

ular, almost my entire portfolio is in HK why people so racists say China man one? Malaysians so racists meh?

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KingJOO

financial result is determined and presented by the insiders of the business .
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u are lucky kong ming did not curse u and challenge u to a draw.

for the 3 months, there is a $ 422 million credit below the line instead of a Billion $ loss in previous quarter.................. but nobody buys shares for hedging gains.....................

people sell shares when they see huge losses at gross level.............

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below the line hedging losses for the 9 months $ 768 million, for 3 months is $ 422 million gains. ............. this is what is hedging.

does the margin selling start today or only tomorrow onwards?

not to say cannot buy but wait for it to quiet down first.................why in such a hurry?

18million shares done today.............most of them will lose money too.

c24 in one morning almost 100% lost............................

hy for the quarter, lousy above the line but $ 400 million hedging gains below the line.....that is what hedging is about.

3.50 sudah reach..................now is 3.00 can reach?

ular............I chun chun.....reach 3.50.........................

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