selling area should be rm14-16 for 3 month forward. hihihi

petdag still provide div consistently and price is stable.
lose price still have div to offset loss

nice mah!
hy-petronm spread is once in a lifetime
historic moment

Luckily didn’t let go of this baobei

Petron still declare dividend, terbaik laaaa

Probability, your analysis is good and I got a lot of new information from you. Thanks.

Should we see a change in ownership, we could really see this refinery providing quality profit. Otherwise, I could hardly believe the way how chinamen run companies listed on bursa. We have seen quite a number of companies listed here sharing the same fate.

Hahaha. HY’s chinaman management business logic. Their account books are cooked obviously

probability
HY basically buys refined oil and converts to crude oil
51 minutes ago

Transfer pricing in the name of hedging

I think it’s more on how Chinaman runs offshore companies. Utilise every single transfer pricing opportunity to avoid profit sharing

it's a vote of no confidence to chinaman's company.
really can go suck a dik

congratulations

what happened to hy! alahai. lmao lose to a smaller refinery

+0.6 sorry

omg. petron +0.4 , hy -0.01 day
alahai

rm1

5 more sens to rm1 diff

hope remains at this level ok already then i can play rangebound

post QR will definitely drop

nice. hy petron gap widening

china grab malaysia by our balls
this one has to thank ajib for his ball stroking skills

you lah anchovies
every one ikan bilis
only slightly bigger than ikan bilis

wish all towgays heng heng loh like that

petron rm0.20 dividend.
2.7% , better than fd + cap appreciation
at least a few thousands there

luckily didn't put all eggs in one basket. if not really hailat

why ajib's admin approved the sale of shell refinery to china was really dumb. thought can stroke chinaman ccp's balls

i thought will *at least* turn around Q1 cuz Russia-Ukraine started fighting each other end of february so march's crack spread should do well. but Q1 was terrible sh it. worse than petron

sigh
hy hibernate first
look elsewhere for food

sianzzz loh!

at least petron is reporting more reasonable values than hy. hy's chinaman better don't play tongsan rules here

it is in no way this refinery could be in the red when refineries of other part of the world with much higher operating costs are reporting profits.

hopefully they dont get creative with their financial reporting

lunch time. later come back again

play range also ok wat

tell kyy to leave petron alone even if he owns some

oii
at least still in profit ok

ok go petron

hibiscus is still sleeping. come back in mid july

rm7< in july ok.

but really sad case. it's always derivative hedging part that's not profitable.
maybe a west-friendly regime would have to make this refinery to change hand. only then can receive dividends again.

Need to prove the hypothesis mah. Nothing wrong to study. It takes time and effort to do that.

lesson is :
company directors with chinaman or M as majority, just avoid

*back to HY tongsan

under chinaman, it seems they could just transfer the profit back to tongsan through creative acc.
previously under shell, they never stop giving dividends.

thanks, sslee

those who caught top at 8 cham la.
level 4 go in still in profit anyway. just less

subur memang boleh short99e

kyy realised subur is kubur... same like mini 1mbd. so have to do risk transfer

im waiting for coastal to come down then i buy

probability, i thought about it too
by just buying brent / dubai contracts and sell mogas spread, easily can earn more.
but can't understand why HY can't be profitable

eh brian u don't like that eh.
people all here to make money.