laosai on moday

it is unacceptable to still making loss. life have move on pass covid era and yet genm still making loss.

no hope. Haji Hadi will be next PM for sure.

like that also can?

so? what is the reason for this quarter massive loss? any new theory?

PAS win, KLSE straight GG. Triple limit down. no joke

You guys not afraid PAS will win the election? PN is dominated by PAS. PN macam mau curi ayam and win the federal.

Then how about the rest of the 5 year. rakyat back to kuli and politician as boss. beauty of democracy, nah..

Posted by Sslee > 2 hours ago | Report Abuse

The beauty of democracy is one in every 5 years, you feel like a boss when all politicians of all shapes and sizes come knocking at you door to beg for your vote. So vote wisely with care for Malaysia and Malaysian.

Nah, not sustainable.

Sslee

The only different between Serba, Sumatec and HRC is HRC is oil refining company with:
Rated Capacity: 120,000 barrels per day
Licensed Capacity: 156,000 barrels per day

HRC earned a gross profit of selling their three main refine products RON 95 petrol, Diesel and Jet fuel against their crude oil purchases.

From Q2 financial report: RM'000
Manufacturing expenses (43,293)
Administrative expenses (31,993)
Depreciation and amortisation (26,555)
Finance cost (10,506)

Total: RM 112,347,000
Refining run about 10.5 million barrel.
Operating cost per barrel RM 10.70 equal USD 2.31.
Thus breakeven cost is USD 2.31 per barrel if refining able to run at 10.5 million barrel per quarter.

The daily mogas, diesel and jet fuel crack spread are public available information.

i3lurker with so many people cursing HRC company 24/7/365 thats why HRC share price continues to drop daily
01/10/2022 12:06 AM

i3lurker is right and I do understand many are here either to curse HRC supporters or naysayers without even care to know what HRC is doing just because of personal hatred. I am saddened that an investment forum is now a place for cursing each other.

coming monday sure lao sai already

coming monday sure lao sai

what i predicted all came true. when i talked about price war, nobody take it seriously.

ok, still on high side in Q2. anyway. i am out of this complicated stuffs. with crack spread normalising, dun think the trend is there. good luck

Posted by Sslee > 14 minutes ago | Report Abuse

Just go and look up Q2 is for quarter end 30/06/2022.
What is crack spread at that time?

why crack spread suddenly 0.7 only?

The return of the KING.

Hengyuan blown petronm earning loh. the return of the king.

FUUYOH HENGYUAN IS THE KING

limit up

Yes, wait until RM14.10 only sell. haha

Eldon

Total EPS for latest 4 QR is 141 cents..if PE 10, this stock should trade at RM 14.10…not meh?

8 minutes ago

buyback is stupxd act, don't buy back

Mini2021

Halo Harta boss very smart if epf dare to play till below rm 1 ....they will use the company money to sapu.... last bought back is at RM 9..... I remember that time boss buy then AGM boss found something wrong and they stop buying .... this is why they told market bad during AGM .....actually not market bad is that they know who is the hidden hand behind.....

Many dun believe when I talk about price war.

Ular u OK bor?

US kaki kacau dunia.

they want quick money, just like selling contract

officially game over i think.

officially game over i think.

plz do not misled other saying HY fundamental is good. good one is petronm. if not because of crack spread huha, no one bother on HY

biden is pressuring refiner now. he said high margin is not acceptable, but what can he do?

biden is pressuring refiner now. he said high margin is not acceptable. but what can biden do?

big kaki run

ikan bilis kena slaughtered. big kaki lari

i thought last time US shale oil is profitable at USD60 or something? why US shale oil now like no sound one?

Base on your explanation, rising crack is not good to hedge, but unfortunately hy got no choice.

better buy petronm as hengyuan is chasing the tail due to obligation to hedge 100%.

all hiding liao, not opportunity meh? haha

all of them very nice. are we all wasting time in bursa? haha

Sslee You can check the US listed refining and marketing stock performance
MPC: Marathon Petroleum Corporation
VLO : Valero Energy Corporation
PSX: Phillips 66
DINO: HF Sinclair Corporation
09/06/2022 8:14 PM

may i know what is overseas refineries? i don't mind to buy US stock as well.

qqq3333 Overseas refineries up, our refineries down
09/06/2022 6:18 PM

well, enough been said, tapi degil tak mau dengar.

Sslee, u have both? Or only one?

everyone will remember tun M as loser in his final battle. lose to mohedin.

gov don't dare to remove subside, at least not before GE

mid/longterm fundamentals are good.

Go petronm go. Good fundamental stock.

why tomorrow bursa holiday? wasting time, should open for us to make money

petronm will make more money next quarter, hoot9e

ALL IN !!!!

u brought a lot top glove ka? share buy back at high price? haha

GrowthCapitalist Another thing i'm surprise this company doesn't do any share buy back since the price is quite reasonable and more to go up in the future. Unless, it's the other way round. Hopefully, next week could see at least close to the near high.
05/06/2022 3:56 AM

petronm is the king !!!

so predictable this kyy. his cost is high. heheh

who panic just now? haha.