Dragon mouth full of blood from HRC forum

Global Excess Refinery Capacity
Global Excess Gloves Supply

Post removed.Why?

If you love PetronM and HRC
you should also buy up all Malaysian Gloves
Die Faster Mah

Global Excess Refinery Capacity
Global Excess Gloves Supply

Global Excess Refinery Capacity
Global Excess Gloves Supply

no wonder Dragon is very busy

Post removed.Why?

Post removed.Why?

thats what PSAi3alert said
after HRC bought Shell Refinery at RM1.80 per share, magically profits went up. "cough cough"
and Syndicates cooked the share price to get magical profits



Posted by ks55 > 39 seconds ago | Report Abuse

Recall how much PPB making every year from wheat and sugar futures. Why PPB could make so much from these commodities? Simply because it was the largest downstream end user in Malaysia, and one of the major commodity trader in wheat and wheat just like Glencore.

HYR is just a small fry in oil industry. If HYR is a big player in upstream like Shell, Exxon or BP, it will make sense to hedge or lock in profit as and when appropriate. Profit recognition must take into consideration market value of crude oil inventory. Many big oil companies will factor in Replacement Cost Profit in their financial reporting. How about HYR?

IMPORTANT Conclusion

Dragon went to TG coz smelt blood => Global Excess Gloves Supply

Dragon came to HRC coz smelt blood => Global Excess Refinery Capacity

IMPORTANT Conclusion

next week will drop more

Pengerang is on stream
Global excess refinery capacity.

=>some say crack spread has dropped, thats true coz more supply than demand mah.

=> sslee says crack spread is still good,
sslee forgot that these are Tulip prices due to HongKong uncle aunties prostitutes Ah Qua Taxi drivers buying Tulip Crack Spread mah

HRC is paying triple costs

I I were management of HRC,
I will just sign up long term crude supply contracts, very easy to do.
and sell products futures.
means only 1 Hedge is done.

Instead you have
Hedge crude
Hedge crack
Hedge products

looks like HRC is a gambling lottery company.

I believe Syndicates purposely make this HRC thingy more complicated when its actually very very simple to obscure the real reason for the HRC share dumping.

3 basic rules

Do Not Hedge [hedging is very very expensive]
Global refinery capacity is increasing, even Pengerang restarted => Heng Yuan profits under threat
Global products demand will not keep pace with refinery expansion => Heng Yuan profits under threat

Totally no reason to buy HRC shares unless you pray to Satan for some refineries to go Kaboom like Pengerang did....

:)

As a Chemist I would say its diesel.

Chemical Engineers are never sure ...

//////Note: I am not sure whether the long residue catalytic cracker can selectively crack the Long residue into Diesel or Petrol/////

sslee

i3lurker becomes market maker
and
DEALS many lots of Crack Profits to sslee who SOLD all up at USD20.00
sslee all in
coz sslee thinks its a good deal
because sslee SOLD
it means any price rises is a LOSS case.

i3lurker then arranges for sslee clone in alternate parallel universe to buy
sslee clone pumps all Tulip Cracks Contracts to USD50.00 each
real sslee cannot pay the margin call in those Tulip Contracts.
real sslee account collapses

when contract matures sslee clone in alternate parallel universe arranges for price to close at USD20.00 again

QED

ps
whether sell or buy syndicates can pump or dump Tulips at their whims and fancies

its love and sunshine will be ok

Post removed.Why?

sslee

of course there is an ending
when Market Maker compares Tulip Market price with actual Crack reports filed by refineries to example say EIA.
This is all defined inside contract.

the price difference between Tulip and Real Case as reported to EIA is paid out in cash whether profits or losses

sslee

these are Tulips Crack Profits

there is the real Tulip price ie actual physical crack profits

and

tulip Tulip Crack Profits which are invisible

If I become market maker I can sell you Tulip Crack Profits at USD20.00 when actual refineries are making losses
you can buy these if you want to.
these Tulip Crack Profits which you bought at USD20.00 from me can go up in value to USD2,000.00 per contract just like BitCoin
Tulip CRACK Profits figures has no connection to actual refineries happenings due to HUGE number of gamblers buying it,
Ah Soh, Ah Qua, Prostitutes, Massage Girls and Taxi Drivers in Hong Kong also can buy Tulip Crack Profits.

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dun confuse yourself

the contracted amount and total no. of contracts for Crude, Crack Rate and Products are the total HRC exposure assuming all becomes zero

theoretically all prices can become zero since its market forces
and people may need cash immediately so dump all 100% irrespective of price (example Forced Sale)

as I said before

Crack rate gamblings are all cash
say you buy USD20.00 crack rate at 1,000 barrels per contract size lot

If I am the Market Maker at Morgan Stanley <=> I take your bet and pocket USD20.,000.00 X 0.2 margin = USD4,000.00
If you have an account at Morgan Stanley you can apply to be Market Maker and receive money from HRC
so HRC monies enters your pocket.
wink wink

at end of contract period ..........either you pay me or I pay you.

its a Gambling bet between Market Maker (You lah) and the Hedger (HRC)
so better pray HRC makes silly bets

only 2 types in NYMEX
physical settlement or cash settlement

the Crack Rate gamblings are all cash settlement,
its a gambling tool, the Market Makers are usually Silverman Suck and Diu Bank

Finished Products hedging are also physical or cash settlement.

no way HRC can do physical settlement at Cushings Oklahoma USA => its all cash settlement

Corollary

you borrowed USD90,000 - USD18,000 = USD72,000 borrowings

the swap rate = 72,000 X 2.5/100 /365 = USD4.95 per day charged to your account

after the Volcker FCUK , new swap rate 72,000 X 20/100 /365 = USD39.45 per day charged to your account

comprende?

Post removed.Why?

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Dragon you lazy bum

you pretend to be lazy thats becoz you know you are wrong

Dragon you lazy bum
memory also lazy OKU dah
check back also damn lazy

banklap 2022 and 4 months time Dragon say one

banklap 2022 and 4 months time Dragon say one
you check back and see?

Dragon everyday pray to Satan for TG banklap 2022 and 4 months time

kakakakaka

banklap lah
thats why no money pay dividend

people want escape
thats why Shell sold at 1.80
you want buy 5 plus?




//////Hengyuan Refining Company Bhd is planning to establish a RM5 billion unrated medium-term notes programme, according to the Securities Commission Malaysia’s list of corporate bonds and sukuk under the lodge and launch framework.////

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Look at the declared dividend and you will know the company has NO cash to pay you.

Mike Cheat You Crazy had gone frenitically frantic
The Truth hurts right?

:)

got nothing to do with superstition
or
bad luck
just that Syndicate Gangs who are dumping shares massively just loves to hire these 3 Share Killers ... => khatu, dragon and Mike Cheat You Crazy

counters where you see these suay people
like khatu, dragon and Mike Cheat You Crazy always drops like a dead body from Penang Bridge,
its an F1 race to the bottom.

September is a confirmed bad month for stock in US Markets where BURSA takes its cue from.

BURSA generally negative post September moving to October.

Post removed.Why?

I am a Hedge expert also.
I used to go jogging near Hedges around the Taman

Major consumers of Crude Oil and its derivatives are construction, transport, fertilizers and electronics industry

no worries
put Kak Ros under carbon freeze just like Hans Solo ok already

I believe certain syndicates are abandoning Hibby due to possible twin pincer losses Iran oil and Chip Glut.

someone already commented if like that can make money
everyone will own a Virtual Refinery
just 'long" crude
and short "products"
instead of buying shares in a Virtual Company like HRC

NYMEX regulations allow you to pay a fee and rollover your RM1 Billion losses to next month in a Satanic Forsaken Hope that "I will think about it tomorrow, Scarlett O Hara in Gone With The Wind"

as usual, "tomorrow is the same as today"

.... like Hin Leong ...
you might run out of money to pay the rollover fee,
and NYMEX issues a Letter of Demand to you..
coz why?
remember I already told you under NYMEX regulations your Vagina is bracketed open to expose to interest rate increases.
under certain conditions your swap rates ie interest rate charges may exceed your unrealized losses.

so you end up owing money to NYMEX for losses, rollover fees and swap rates totalling in USD Billions just like Hin Leong case.

////u lose money on your bet if raw crude drops after your bet and u lose money if refined oil shoots up after your bet.////

yes thats how it works.
usually done at NYMEX due to financial stability and ability to take your huge bets.

///


from NYMEX website
Futures margin is the amount of money that you must deposit and keep on hand with your broker when you open a futures position. It is not a down payment and you do not own the underlying commodity.

Futures margin generally represents a smaller percentage of the notional value of the contract, typically 3-12% per futures contract as opposed to up to 50% of the face value of securities purchased on margin.

The term margin is used across multiple financial markets. However, there is difference between securities margins and futures margins. Understanding these differences is essential, prior to trading futures contracts.

////

Under NYMEX Regulations a HUGE proportion of your Hedges are PORN naked
with vagina bracketed open just like open heart surgery for huge interest rate increases.

currently Global Inflation is due to supply side disruption which nothing can be done.

Due to political pressures, Powell is expected to FCUK just like Volcker and some say even worse.

Paper Tabled at Jackson Hole Economic Symposium to begin QT which sucks liquidity from Global Financial System.
Together with US interest rate increase will simulate a worst than Volcker FCUK

Volcker FCUKS generally results in USD interest rate at or exceeding 20% per annum

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Sell On News

/////Petronm petrol stations will earned the goverment retail fixed margin per liter and the more you pump petrol/diesel at Petronm petrol stations the more will be retail earning of petronm.////

so the solution to this problem is to refuse to pump petrol at PetronM

Post removed.Why?

Its a Cracking Joke when the Crack Rate Cracks into a million Cracks