Profit for sealink will increase over time. Company viability is not longer an issue based on 3rd quarter result.

The correction is due to oil market and quarterly result lower than expectation. Can refer to
https://theedgemalaysia.com/node/683937

Good quarterly result. Somemore Tan Sri bought it at 0.52.

Q3 result still reflect high utilization rate but did not reflect high daily charter rate. Will Q4 result show any improvement due to higher daily charter rate?

Perdana Q3 profit RM 23 million.

EPF sell Sunway but indirectly buy Sime Darby Ramsay hospital.

November result reporting month. Hopefully Sealink will show us suprise result.

Company with higher number of vessels will benefit more from higher daily charter rate.

Sealink has 22 vessel for rent. I still haven't checked the vessel number in other company. Please share if anyone has done research on this.

Just expected the earning per share will go higher following the rise in daily charter rate of OSV. Last quarter is 1.34 cent. How high it will go depend on your predition of EPS.

@MarioBros , what is your expectations for Sealink quarterly result in November? I think this might help you to decide whether you should buy the share or not.

I think it will only go up next month. Anyway, M&G is a good reference for sealink. Just announced result last Friday. Guess sealink will also show higher profit.

Sunway has been selected for second round of bidding for Sime Darby-Ramsay hospital sales. The result will be announced in October 2023.

Profit of sealink depend on the daily charter rate of vessel and utilization rate.

MarioBros, daily charter rate for the vessel will tell you part of the answer. Utilization rate is not easy to access. Anyone know how to access daily charter rate for vessel?

The share has increased from 0.085 to 0.19 due to excellent quarter result. If you believe it will still out perform in quarter end on 30 September, now it is the time to accumulate the share till announcements of quarter result in November.

Actually EPF has started to buy Sunway recently. Compare to previous, EPF is only keep on selling Sunway. Last week onward, EPF has initiated to buy Sunway even though selling still happened.

Oil price go up higher, daily charter rate for vessel should be go up too. Any idea how to know daily charter rate for vessel?

OSK started the loan business in 2020. The division has grew rapidly. I bought OSK not only high dividend but also because of the loan providing business.

Need to think two side: why EPF dump the share? Who and why buy the share? Even EPF keep on dumping, who is the buyer behind and why the buyers willing to buy it at current price? Due to sunway medical or any hidden value in the group?

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.