I love aeon credit but it is very expensive. OSK also got a a expanding loan providing division in Malaysia and Australia. Very interesting business.

Haha. The price will skyrocket if EPF also buy. By why EPF have to sell since property and healthcare stock already back to focus.

Price for private placement has been fixed. Anytime can go up.

https://oilprice.com/Energy/Energy-General/Diesel-Markets-Brace-For-A-Chaotic-February.html

Many of us have gone through roller-coaster Hengyuan price trend. Hopefully the rabbit will bring us great wealth of refinery fortune. Happy New Year.

New Year bet:
Q4 result i guess is slightly profit.
Q1 2023 result is excellent.

Two criteria to maximize HY profit
1. Oil price on rise trend
2. Crack spread also on rise trend.
I think these two criteria are found in current condition

https://www.google.com/amp/s/euroweeklynews.com/2022/11/27/watch-major-fire-beaks-out-at-an-oil-refinery-in-angarsk-russia/amp/

Petronm result come out today

@hng33, any idea contribution of Malaysia Petronm to Petron Philippines? Petron Malaysia might increase or reduce profit of Petron Philippines. Mind to share your finding?

For diesel, which one is using:

https://www.tradingview.com/symbols/NYMEX-GZ1!/

https://www.investing.com/commodities/nymex-singapore-gasoil-platts-c1-futures-historical-data

https://oilprice.com/Energy/Crude-Oil/Why-Overly-Confident-US-Drillers-Ditched-Their-Hedges.html

https://oilprice.com/Energy/Oil-Prices/US-Refineries-Profit-From-Cheap-Sour-Crude.html

I think eps q2 will be better than q3. However, NTA q3 will be much higher than q2.

I don't know how Kenanga give the target price. Based on earning per share or crack spread of 92? Kenanga totally ignore the crack spread for diesel. Just hope that HY and Petronm will increase dividen pay.

https://oilprice.com/Energy/Energy-General/Russian-Oil-Is-Amassing-In-Asian-Ports.html

https://oilprice.com/Latest-Energy-News/World-News/Valero-Posts-Bumper-Q3-Profit-As-Demand-For-Its-Fuels-Exceeds-2019-Levels.html

Hopefully HY and Petronm will show same trend

https://oilprice.com/Energy/Crude-Oil/Diesel-Crisis-Deepens-As-Inventories-Fall-To-Dangerous-Levels.html

@Probability
Malaysia petrol is ron95 but the d1n1 is refer to ron92. Any relation?

@Probability, any opinion on 3rd quarter result? Is it possible 3rd result will be even higher than 2nd quarter due to hedging?

https://oilprice.com/Latest-Energy-News/World-News/Major-Fire-Breaks-Out-At-BP-Refinery-In-Ohio.html

https://oilprice.com/Energy/Energy-General/The-Perfect-Storm-Is-Brewing-In-US-Diesel-Markets.html

Can HY and Petronm be taken privately?

Cool down during the weekend and read back the comments. Too many emotional comments here.

Crack spread 30 suffer hedging loss. Now crack spread 1++ still suffer hedging loss? Seem like hedging only can make company loss.

Note: SINGAPORE MOGAS 92 UNLEADED (PLATTS) BRENT CRACK SPREAD FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)NYMEX
−0.637

Should be very good for HY to realize hedging gain?

Hopefully HY will pay more. dividen.

Congrat. Any mistake in nta,?

https://oilprice.com/Latest-Energy-News/World-News/Oil-Refinery-Fire-Sparks-Fears-Of-A-Fuel-Shortage-In-Four-States.html

Petdag and Hibiscus have reported very good result. Hope the same for HY.

Petdag just reported very good profit. About 300 percent increase in term of profit compared to corresponding period. Hope the same for pretronm.

Result out already?

@Probability
The EIA data seem like contrasting with the report. Anyway the oil price drop should encourage petrol consumption.

https://gu.qq.com/resources/shy/news/detail-v2/index.html?t=1#/index?id=nesSN20220805135748805461ff&s=b&zxtype=1&wxurl=qqstock://newsV2/19//nesSN20220805135748805461ff///&pagetype=share&fchannel_id_fm=4003000016

Hengyuan China company might export diesel through Malaysia Heng Yuan since China has imposed export quota

If remove sanction mean all the effort down the drain.

Current price reflects scare and panic conditions among investors. Not related to basic of Heng Yuan

@OTB, would like to know how to subscribe your stock selection. Thank you.

No market will up or down forever. Today sunset tomorrow sunrise.

Next Monday is the entitlement for dividen. Cw holder becareful

I think it will be more meaningful try to understand current condition before next move

Current condition is will the world shift into recession based on what has happened now.

https://www.tradingview.com/chart/?symbol=NYMEX%3AGZ1!


Would like to confirm the above is the amount paid by goverment to HY?

Did HY mention who is the buyer for write down stock?

Nobody know which company will earn more in the 2nd quarter. Now both companies are on the 风口 since crack spread is keep on increasing. Just sell high and buy low between petronm and HY.

Both share price tend to follow each other.

HY and Petronm both are involves in refinery. The best strategy to deal with HY and Petronm is buy both and then sell the one who go up first. After selling, buy the remained one which is still stagnant or lagging behind. Please check both historical share prices. Nobody know which company will show excellent result in the coming quarter.

Diesel price even higher 52.395, up 10%. This will even bring more profit to HY since it can produce more diesel

https://www.tradingview.com/chart/?symbol=NYMEX%3AGZ1!

HY need time to show us what they have achieved in 2017. Be patient.