Better to sell serba & buy sapnrg loh!

B4 a good GE can go ahead loh!

Zahid....must be removed as President of UMNO loh!

Best is to kick out BN & UMNO loh!

Both sabri & tok mat unreliable loh!

Tok mat ,,,,try to kiss Najib back side...despite he knows najib crime loh!

Steady gain despite weak mkt loh!

Good result mah!
Decent div loh!

Good earning prospect coming loh!

Good entry price at 4.5 to 5 sen loh!

TSH only pays once a yr div loh!
Thus the coming single div payout when announce for the year should be good loh!

Good earnings loh!

Tp should be above Rm 2.50 mah!

Yes buy loh!

TSH only pays once a yr div loh!
Thus the coming single div payout when announce for the year should be good loh!

Just follow Philip buying Harta at Rm 1.70 & below loh!

Should beat Philip flat mah!

I already says div is between 2.5 sen to 3.5 sen mah!

Current propose div at 2.75 sen is reasonable mah!

Surely Petron refinery & retail petrol stations worth alot of monies loh!
Also Petron owner pays good dividend mah!

Surely Petron refinery & retail petrol stations worth alot of monies loh!
Also Petron owner pays good dividend mah!

Sell HRC & switch to Petron loh!
Do not get kon by HRC loh!

Make money 1st mah!

No need talk about past mah!

If u enter at Rm 1.70....Philip will never beat us mah!

Rm 7.00 coming mah!

Be practical & rational loh!
Rm 1.07 a nice entry price that can make monies mah!

Philip is averaging below Rm 2.00 loh!
He will make alot of monies when rebound mah!

Just follow buy at Rm 1.70 lah!

Rm 1.03 coming loh!

Do not make mistake loh!
Rm 1.07 is a very nice entry point to make money mah!

Tp Rm 3.20 coming loh!

Inflation coming good for banking loh!

BJLAND theme song

You can win if you want
If you want it you will win
On your way you will see
That life is more than fantasy
Take my hand follow me
And your feelings will be right
Hold me tight

BJCORP theme song

You can win if you want
If you want it you will win
On your way you will see
That life is more than fantasy
Take my hand follow me
And your feelings will be right
Hold me tight

Interest increase good for maybank mah!

Listen !
Just buy TSH at Rm 1.07 loh!
Very worth mah!

Better sell b4 too late....high risk & high gearing loh!

Listen !
Just buy Bplant at Rm 0.80 loh!
Very worth mah!

Listen !
Just buy TSH at Rm 1.07 loh!
Very worth mah!

Mana ada leh ??

U ask sifu sslee lah!

What raider says are true mah!

No tipu tipu loh!

I understand...but what i m emphasizing....is most of the time they over hedge....resulting in wild earning fluctuation mah!

Posted by Sslee > 29 seconds ago | Report Abuse

Stockraider,
The 1 million barrels purchased is just an example for one contract. (60% hedged)

Petronm PD refinery Q1 running at 47K barrel per day.

The retail sales include import of finished products as PD refinery not capable to met the full retail sales volume.

Yes mah!
Already confirm & proven mah!
Stop being jealous loh!

Posted by Mikecyc > 1 minute ago | Report Abuse

Posted by Mikecyc > 1 minute ago | Report Abuse

Haha Kon stockraider did you Gain 2 Myvi in Netx ??

Now can collect back jtiasa loh!
Profit improving strongly mah!

Lucky they bought Insas & not Gloves stock 1 yr ago loh!

If not cry also no tears mah!

Lucky they listen to raider loh!

Post removed.Why?

Sifu Dr Neoh recommend to buy & hold plantation for long term investment success loh!

Collect when cheap with big margin of safety mah!

Go for it loh!

Potential breakout on the upside mah!

To be fair the CPO production cost is actually higher at Rm 1800 to Rm 2200 per ton mah!

But still CPO at attractive price above Rm 4,000 give it a very decent profit loh!

To be fair the CPO production cost is actually higher at Rm 1800 to Rm 2200 per ton mah!

But still CPO at attractive price above Rm 4,000 give it a very decent profit loh!

Correctloh...Sapnrg disposing of non performing assets...is positive to the company mah!

This is true theoretically loh!
But in practise it is not mah!

The explanation is as follow....if Petron is so concern of its 1 million barrel of crude....it should be more concern about its existing inventory which is about say 6x bigger mah!

Thus instead of Petron hedge 1 million barrel.....it end up hedging 6 million barrel loh!

Thus should....the crude price move against it ....this will magnify the losses by 6x whereas....if they gain....it will magnify 6x loh!

This why the previous owner Esso & Shell do not use derivative to hedge....bcos they view a single order of 1 million barrel price movement.....can easily be absorbed by the normal business operations loh!

Thus they do not like to use the double edge swap....that may lead speculation & gambling loh!

Posted by Sslee > 25 minutes ago | Report Abuse

Now I understand how Petronm do a commodity swap as hedging.
Example: Today Petronm just buy physical oil 1 million barrel at USD 80 per barrel.

Since the 1 million barrel on oil will reach PD then into storange tank and process into finish products in 30 days time hence Petronm make a commodity swap with counterparty at USD 80 per barrel for 600K barrel maturity 30 days later.

At the end of 30 days the average 30 days oil market price is now USD90 per barrel hence Petronm need to pay counterrparty 600K x USD(90-80) = USD 6 million.

For this commodity swap Pertonm make a derivatives lose of USD 6 million but that lose will actually be recovered by stock gain because the USD 80 per barrel 30 day ago purchased is now worth more (USD 90) in inventories gain.

This is true theoretically loh!
But in practise it is not mah!

The explanation is as follow....if Petron is so concern of its 1 million barrel of crude....it should be more concern about its existing inventory which is about say 6x bigger mah!

Thus instead of Petron hedge 1 million barrel.....it end up hedging 6 million barrel loh!

Thus should....the crude price move against it ....this will magnify the losses by 6x whereas....if they gain....it will magnify 6x loh!

This why the previous owner Esso & Shell do not use derivative to hedge....bcos they view a single order of 1 million barrel price movement.....can easily be absorbed by the normal business operations loh!

Thus they do not like to use the double edge swap....that may lead speculation & gambling loh!

Posted by Sslee > 25 minutes ago | Report Abuse

Now I understand how Petronm do a commodity swap as hedging.
Example: Today Petronm just buy physical oil 1 million barrel at USD 80 per barrel.

Since the 1 million barrel on oil will reach PD then into storange tank and process into finish products in 30 days time hence Petronm make a commodity swap with counterparty at USD 80 per barrel for 600K barrel maturity 30 days later.

At the end of 30 days the average 30 days oil market price is now USD90 per barrel hence Petronm need to pay counterrparty 600K x USD(90-80) = USD 6 million.

For this commodity swap Pertonm make a derivatives lose of USD 6 million but that lose will actually be recovered by stock gain because the USD 80 per barrel 30 day ago purchased is now worth more (USD 90) in inventories gain.

Similarly if the average 30 days oil market price drop below USD 80 what gain from commodity swap will be losses in value of inventories.

You all still dreaming Rm 1.50 ah ?

Never mah!

Should go in now while still cheap loh!

Just follow Philip on this occasion mah!

You all still dreaming Rm 1.50 ah ?

Never mah!

Should go in now while still cheap loh!

Memang very steady mah!

Correction Rafizi had never being outcast by DAP loh!

He was being sanction by DR M in PH govt loh!

And within PKR party, rafizi & Nurul chose to go low profile....bcos they dislike konman Azmin mah!

Lu tau boh ?