Good new. RON97 increase by 37 cent. Should reflect refinery margin.

Let earn the money together. Please appreciate the current opportunity in HR and Petronm.

Petdag already hinted 1st quarter result is good

https://www.thesundaily.my/home/petronas-dagangan-supports-targeted-fuel-subsidy-plan-DD9126151

No need to wait long. Another two weeks petdag will release result followed by Petronm. All the refinery should show good results

https://www.tradingview.com/symbols/NYMEX-D1N1%21/

https://themalaysianreserve.com/2022/05/09/sorry-but-for-you-oil-trades-at-us250-a-barrel/amp/

Which call warrant 1.69

Petronm is on the way. Be ready

Finally correction has started. Think back why we invest on HR in the first place. The amazing profit due to superhigh crack spread. HR is also a major beneficial party in response to high demand of fuel due to boarder reopening and relaxation of MCO. Let buy and laugh together when the quarterly result announced by month end.

Let continue to accumulate HR share

@sparrow. No offense. Actually your post given me more confidence on HR since it is from HR management team.

@sparrow.
I remember your post (not sure quoted from annual or quarterly report) got mentioned that HR will be great if the crack spread increase significantly. Is USd 10 considered significant. If not how about now USd 27. Hopefully current price is considered significant increase.

Question now is how soon the sanction can be lifted. Even war ended doesn't mean the aanction will be lifted immediately. In addition, there are not many new investments into refinery due to ESG issues. All these are positive for HY.

Just crack spread alone will generate amazing profit. If HR able to get Russia cgeap cryde oil, Q2 profit will be even astonished especially domestic demand also peaked in conjunction with Raya holiday and boarder reopening. If HY has signed purchasing pact with Russia before invasion of Ukraine, they might allow to continue to buy Russia crude oil based on the what China companies response. Anyway, this is just guessing. Buy the crack spread which is profit propeller is not guessing. It is really super high and might last till Russia and Ukraine reach a peaceful pact.

Even USd 10 already considered high for crack spread. Now is USd 27. Tge sanction against Russia will even push it higher. That is why I buy HR and it cw.

Boomberg, annual report indicated that 16% crude oil is from Russia. But KYY report Ron97 is RM 2++ is really a misleading. Somemore, Malaysia Ron95 and Diesel oil reamain the same is due to subsidy by government

Please check the ron97 price in KYY blog. So misleading

Bursa only resume on Thursday. Not sure what will happen these few days. Enjoy the holiday!

Happy holiday. So excited these few days. Really have to take a rest

Noted. Thank you.

Valueguru, where can I get the information for Asia gasoline crack spread? Thanks

If HY is RM 6, CW22 will be 0.25.
CW25 will be 0.425 based on the conversion method

Sure can break RM 5. I am shocked when I checked the future for crack spread in May. Increased by USD 2.26

Earning for Q2 from April to Jun will be even greater

Crack spread for April USD 18.10
crack spread for May USD 22.87.

Crack spread USD 18.016

傻不傻没人知道。crack spread 又创新高。或许傻人有傻福。一齐去AGM.

Any free gift for attending HY AGM?

Oil price tumble. Hengyuan also tumble.

Crack spread increase again

https://www.tradingview.com/symbols/NYMEX-D1N1%21/

Heng Yuan is expected to benefit from the high margin refinery process.

https://www.google.com/amp/s/oilprice.com/Energy/Gas-Prices/Tight-Oil-Markets-Are-Sending-Fuel-Margins-Through-The-Roof.amp.html

Based on the crack spread and current price trend, i believes that Hengyuan will make huge profit. But how about dividen policy of hengyuan. Did Hengyuan publish the dividen policy?

Recent floid will push up demand for mdf

If China determine to cut down carbon emissions, the steel price will up over long term. Question now is how determine the China government to do so. Many scare the steel stock will repeat the performance of glove player. But if China goverment insist to cut carbon emissions over long term, then the price of steel will increase over long term, so does the share price of steel player

Will the flood push up the demand for mdf?

When will sky world open?

https://www.theedgemarkets.com/article/icon-offshore-3q-net-profit-spikes-contribution-drilling-segment?type=malaysia

Yes

Avarga still make profit.

November reflect MCO result. Should be worst than August reported result.

Good QR.

Petronas supported this company. I have bet on this stock since the company announced colaboration with Petronas dagangan.

Will EPF stop selling the share after PM congrat over the deal?

Singapore's sovereign wealth fund GIC Pte Ltd is acquiring a 16% stake in Sunway Healthcare Sdn Bhd, the healthcare arm of Sunway Group.

https://www.theedgemarkets.com/article/sunway-announces-stock-trading-suspension-pending-announcement-amid-talks-singapores-gic?type=malaysia

Sunway will be suspended for tomorrow. The selling price of sunway healthcare will decide the sunway share price on Thursday.

How to evaluate since the detail of the sellling still unknown.