Yes Definitely Petron better than Petdag loh!

Petron u have the benefit of both world mah!

Good Corp governance!
Strong Crack spread how to drop leh ??



Posted by VincentTang > 19 minutes ago | Report Abuse

I expect PetronM will big drop after announce Q222 result because profit < 30 cents EPS.

Coming mah!

Do not simply sell lah!

Below 8 sen strong buy mah!

Not that late lah!

I was at Petron at Rm Rm 4.00 to 4.20 mah!

But i think can go above Rm 10.00 loh!

General Raider join & lead the new Stronger army Petron loh!

Luckily u r not petron investor loh!

Bcos u will do alot of disservice to your family wealth mah!

Posted by VincentTang > 5 seconds ago | Report Abuse

If I am Petronm investor, I will sell all Petronm and move to Hengyuan lah.

probability: For PetronM next qtr results do not expect more than 30 cents EPS - if you are happy with it - go for it - thats all i can say

The only direction of sapnrg is up loh!

Very positive restructuring coming mah!

Buy anything below 8 sen loh!

U look at Petron , why is it superior than Hengyuan ??

1. Petron is integrated...it sell its petrol directly to consumers no need shell to retail its petrol mah!
2. Hengyuan...depend on Shell....come expiry of the distribution agreement....HY is dead duck loh!
3. Hengyuan cannot afford to pay div but Petron can afford to pays decent div mah!
4. Petron actually make more money than Hengyuan mah!

Posted by stockraider > 23 hours ago | Report Abuse

Already proven Hengyuan is taken position in derivative & lose monies mah!

Thus this scenario will not happen mah!
No need to take unnecessary risk loh!

Petron is your answer mah!


Petron annualzed EPS Rm 1.56 mah!

Hengyuan annualized EPS Rm 0.64 loh!

Surely Petron should rate higher mah!

Also got div 20 sen propose for Petron mah!

We look for sustain eps mah!

Imaging Petron can make 30 sen every qtr......that will be Rm 1.20 mah!

That will sustained Petron share price steadily mah!

If u go for hengyuan....today make money....tomorrow may also lose big mah!

Most importantly hengyuan never pays u any div loh!

Imagine....Hengyuan Contract of supplies run out....what will happen to hengyuan refinery leh ?

Rubbish lah!

Why u want to stucked with a konman like Hengyuan leh ??

Go for Petron lah! At least got good corp governance & it pays at least 20 sen div mah!

Btw...Petron also makes more money than hengyuan...what talking u leh ?
Posted by probability > 8 minutes ago | Report Abuse

@stockraider, quite disappointing to see your worthless comments (likely confusing newbies) despite being an old experienced investor in HY in 2017.

As i had detailed many times you must see HY as a refinery processing 10.7 million barrels per quarter whereas PetronM refinery at less than 1/4 of HY capacity, i.e about 2.5 m barrels. Reason being PetronM is a simple refinery which produces more than 30% Fuel Oil with crack spread hitting negative - 15 USD/brl .

Without Hengyuan (the HEAD) share price rising, do not expect PetronM ( the TAIL) to perform, unless if PetronM had raised it retails sales volume significantly.

As a matured investor you should know this better

Posted by probability > 1 minute ago | Report Abuse

it appears as a conman - coz you dont understand its business model and financial tools

Posted by stockraider > 1 minute ago | Report Abuse

Btw Petron business have both head & tail unlike Hengyuan only head mah!

Lu tau boh ?

Btw Petron business have both head & tail unlike Hengyuan only head mah!

Lu tau boh ?

Rubbish lah!

Why u want to stucked with a konman like Hengyuan leh ??

Go for Petron lah! At least got good corp governance & it pays at least 20 sen div mah!

Btw...Petron also makes more money than hengyuan...what talking u leh ?
Posted by probability > 8 minutes ago | Report Abuse

@stockraider, quite disappointing to see your worthless comments (likely confusing newbies) despite being an old experienced investor in HY in 2017.

As i had detailed many times you must see HY as a refinery processing 10.7 million barrels per quarter whereas PetronM refinery at less than 1/4 of HY capacity, i.e about 2.5 m barrels. Reason being PetronM is a simple refinery which produces more than 30% Fuel Oil with crack spread hitting negative - 15 USD/brl .

Without Hengyuan (the HEAD) share price rising, do not expect PetronM ( the TAIL) to perform, unless if PetronM had raised it retails sales volume significantly.

As a matured investor you should know this better

Opportunity mah!

Go for it lah!

The latest insas result consider good & undervalue n worthwhile buy at below 80 sen mah!

Petron Refinery is as good as Hengyuan Refinery...if not better loh!

Petron has its advantage....bcos it is not dependant to external party to retail its products unlike Hengyuan which subject to the mercy of shell mah!

Petron is a right combinations of Pet Dag and Hengyuan to make up Petron loh@

Just avoid call warrants mah!

It is a kon job loh!

Bravo to Bjcorp for their good investment in bjfood loh!

Slowly accumulate loh!

GO coming mah!

Bravo to Bjcorp for their good investment in bjfood loh!

GO coming mah!

Go Go Go loh!

Anything below 8 sen ...just buy mah!

Putin got to invade loh!

If he do not halt Nato expansion....Russia will be over throw without firing a bullet mah!

Lu tau boh ??

All the oil, gas, minerals and food from getting Ukraine are just residual benefit loh!

The key...is Russia need to prevent Nato expansion in Russia door steps loh!

Run b4 too late loh!

If want to still have exposure to Crack Spread, switch to Petron for safer & better exposure mah!

Another incident of Hengyuan mother gasak money loh!

60000 tonnes at usd 80 = Rm 141M
Inventory writedown to = Rm 131M

Inventory sold to parent for Rm 10m or USD 5.7 per barrel compare to USD 80 per barrel a discount of 93% from original price
No need to take unnecessary risk loh!

Petron is your answer mah!


Petron annualzed EPS Rm 1.56 mah!

Hengyuan annualized EPS Rm 0.64 loh!

Surely Petron should rate higher mah!

The good profit of HRC could be some russian crude....already being use b4....msia govt & shell refuse the latest Russian Crude mah!

Posted by ngjack1991 > 1 minute ago | Report Abuse

The lost might be from there. Written down simply mean they sell something lower than the book value they buy. It might be because they buy Russian oil but have to sell it cheaper on that incident due to rejection by Malaysia government to dock. If that's the case then they perform quite good, as that particular stock yet to material to profit of end product. If the stock can then is not just recorded profit of the written down amount plus current net profit. Prospect is intact but too bad that they make a mistake.

Must pay good div like Bplant b4 consider good mah!

Good to invest in MYEG loh!

Election coming BN will win & MYEG will benefit mah!

Likely Hengyuan would have fully paid for the crude loh!

Commodities u pay cash 1st mah!

Posted by probability > 1 minute ago | Report Abuse

@Investing-bursa, i agree.
@sslee, the orders HY already placed to russian oil supplier, probably with some advance payment would have been treated as inventory as they had a portion of its value

Likely writedown in value loh!

Not totally write off & disappear mah!

Posted by Sslee > 12 minutes ago | Report Abuse

Written down inventories to me mean written down the value of obsolete inventories or like Serbadk case inventories missing in action.

Vroom...vroom...vroom!

It will not be a loss bcos they have writedown that inventory loh!

Posted by qqq3333 > 48 seconds ago | Report Abuse


stockraider

Likely they will sell to hengyuan china parent at a loss..
=========

Do not get kon by AAX figure loh!

Despite writeback of Rm 33.6B....AAX still have negative shareholders fund of Rm 125m mah!

The Rm 33.6B was n overkilled for AAX loh!

U just need Rm 100m Debts & negative fund to bankrupt AAX mah...no need Rm 33.6B loh!

But for Sapnrg....i believe it will have positive shareholders fund after write back loh!

SAPNRG restructuring will be very successful mah!

Do not get kon by AAX figure loh!

Despite writeback of Rm 33.6B....AAX still have negative shareholders fund of Rm 125m mah!

The Rm 33.6B was n overkilled for AAX loh!

U just need Rm 100m Debts & negative fund to bankrupt AAX mah...no need Rm 33.6B loh!

But for Sapnrg....i believe it will have positive shareholders fund after write back loh!

SAPNRG restructuring will be very successful mah!

Already proven Hengyuan is taken position in derivative & lose monies mah!

Thus this scenario will not happen mah!
No need to take unnecessary risk loh!

Petron is your answer mah!


Petron annualzed EPS Rm 1.56 mah!

Hengyuan annualized EPS Rm 0.64 loh!

Surely Petron should rate higher mah!

Also got div 20 sen propose for Petron mah!

Yes coming mah!

Already proven Hengyuan is taken position in derivative & lose monies mah!

Thus this scenario will not happen mah!
No need to take unnecessary risk loh!

Petron is your answer mah!


Petron annualzed EPS Rm 1.56 mah!

Hengyuan annualized EPS Rm 0.64 loh!

Surely Petron should rate higher mah!

Likely they will sell to hengyuan china parent at a loss....bcos shell not willing to accept petroleum products make from russian crude mah!

Thus write down for re export loh!

Posted by probability > 1 minute ago | Report Abuse

may be HY HAD written down the crude contract paid for crude sourced from Russia as Shell had pledged not to buy even refined oil made from crude blended with russian oil

malaysian shell retail likely aligned them self with parent company

https://www.cnbc.com/2022/03/08/shell-apologizes-for-buying-russian-oi...

No need to take unnecessary risk loh!

Petron is your answer mah!

Just switch to Petron...safer & better corp governance mah!

Correctloh...!

Petron annualzed EPS Rm 1.56 mah!

Hengyuan annualized EPS Rm 0.64 loh!

Surely Petron should rate higher mah!

Posted by investor2021trading > 3 minutes ago | Report Abuse

aiseh, no reasons why Petron is pressed down as Hengyuan!

Hengyuan is currently trading at a trailing 12-month price-to-earnings ratio of 26 times versus Petron’s 8.1 times

Q1 March '22 - Hengyuan eps is 15.82 c whereas Q1 March '22 - Petron eps is 39.40 c

Correctloh...!

Petron annualzed EPS Rm 1.56 mah!

Hengyuan annualized EPS Rm 0.64 loh!

Surely Petron should rate higher mah!

Posted by investor2021trading > 3 minutes ago | Report Abuse

aiseh, no reasons why Petron is pressed down as Hengyuan!

Hengyuan is currently trading at a trailing 12-month price-to-earnings ratio of 26 times versus Petron’s 8.1 times

Q1 March '22 - Hengyuan eps is 15.82 c whereas Q1 March '22 - Petron eps is 39.40 c

Swk is good but tsh is so so loh!

One of the best div paying counter mah!

Slowly collect from tabung haji loh!

Steady loh!

Anything below 8 sen strong buy loh!

Profit taking mah!

Definitely Petron is better than hengyuan as it pays 20 sen div loh!

Bplant is one of the best plantation stock selection for investment mah!

Actually mkt is bearish & mkt is also skeptical of the commodity bulll run of;

1.CPO
2. Steel
3. Crude Oil
4. Crack spread
5. Aluminum, Tin and Copper

Thus mkt is taking a cautious approach to its sustainability mah!

If say CPO continue to perform at above Rm 5000 going fwd and the management has good corp governance & pays good div to reward shareholders, I m sure the Plantation share price will continue to go up mah!

Even if the CPO price come down to Rm 4000, I m sure the impact on plantation share price is minimal as currently it is not overvalue mah!

Currently with all food inflation in the world plus limited land available for future cultivation due to the environment concern, plantation valuation & its land will be valuable loh!

Taann is one of the best plantation stock selection for investment mah!

Actually mkt is bearish & mkt is also skeptical of the commodity bulll run of;

1.CPO
2. Steel
3. Crude Oil
4. Crack spread
5. Aluminum, Tin and Copper

Thus mkt is taking a cautious approach to its sustainability mah!

If say CPO continue to perform at above Rm 5000 going fwd and the management has good corp governance & pays good div to reward shareholders, I m sure the Plantation share price will continue to go up mah!

Even if the CPO price come down to Rm 4000, I m sure the impact on plantation share price is minimal as currently it is not overvalue mah!

Currently with all food inflation in the world plus limited land available for future cultivation due to the environment concern, plantation valuation & its land will be valuable loh!