At this moment, everything looks genuine: the partners, the oil, the gas, the oil price, so hang on!!

CharlesT, 挖礦的人蠢不蠢我不知道，阿弟就很明顯提了一個很愚蠢的問題。

In fact it is a bad time to sell AAC. Now airplanes are in high demand. I won't mind if AAC wasn't sell, since we had AACE, GTR, MAA deals to replace it.

1b profit announcement coming soon!!!

Tomorrow should be the last day.

The CIMB press appears, SOB SOB SOB.

Finally!! Public bank increases target price to rm5.40. Cimb probably gives rm7??

Average cost for building new refinery (Petron Corp Philippines)

= (8+14 billion / (90) kbpd

= RM0.16 billion or RM160 mil per 1kbpd

Average cost for upgrade existing refinery (Petronm)

= 14 billion / 90 kbpd

= RM0.16 billion or RM160 mil per 1kbpd

Can't be the same lah.

Sorry, 原來你是半唐番，可能誤解你了，翻譯上出了問題？

沒看仔細，不過你的數據有很大的問題。比如說Petron升級是九萬桶的日提煉量，不是九十萬桶。升級需要的資金如果是三點五億美金的話，那馬幣只是十四億令吉而已，不是一百四十億。

Shell的油罐是Shell的，恆源的油罐是恆源的。

不過你們這些亂炒的人，也不會需要看、寫明白，只要一窩蜂去沖而已，有幾個真的明辯是非啊！

很簡單的，恆源的盈利暴增，一為油價暴漲庫存增值，二為裂解利潤高。這兩個因素在未來幾季將會逐步消失，再加上要花大錢升級、休整，前景如何，好自為之！

If you look at Reach's revenue for the past three quarters, while oil price is increasing, revenue actually drops. There is only one explanation.

I also hope Reach is rich with oil, next quarterly result is the critical point. If really revenue double, then it will go to RM1. Otherwise it will drop like hell. I will buy if revenue really goes up.

I revisited MIE's website, not much on EMIR oil field.

MIE purchased EMIR in 2011, in 2014 max output was 6,000 barrels a day, production then gradually decreasing. The projection at that time was 12,000 barrels a day but obviously it didn't happened. At that time price was USD100 +-. That's probably the truth about Kazathstan oil field.

I was hoping to find some clues from MIE because Reach doesn't give information on oil production any more.

Calvin have different strategy, he may be wrong sometimes but don't treat him so harsh!

Oil surge again, another bonus.

The journey will happen, on one condition: the company is genuine. Everything else is perfect.

Can buy some more Petronm. Hengyuan is different from Petronm.

Hengyuan is an one off event. Petronm is consistent and sustainable improvements.

Hengyuan got one off gain of say rm500m last year. But need 1500m for the upgrade. You add that substrate that, Hengyuan is worth RM5 a share at best, haha! But those so-called sifu tried to tell you it will make 500m every year. But who cares, everybody likes to cheat others at the same time cheat themselves.

Petronm will make record profit coming result release. Its a good investment.

BigPay rolls out. Assuming RM5 for the courier, net cash coming in is RM45 per member.

10 million members will give BigPay 450 million cash holding.

This is just the beginning. When you travel, easily one put in 100 times more than RM50.

Gogogo!

Cashflow, you are right!

Must be before CNY. Gogogo!!!

Oil breaks high. Now looking at USD80 / barrel.

Now share price is showing healthy retreat, T3 T4 sort of thing. Feb results should see some improvement, although don't expect a lot.

Hold.

The filing happens all the time. They file it just in case they need to buy shares of AAX.

AAX is on the recovery mode. This time for sure it will work given there are gifts from Airasia.

Guess it will take three years or so to see a great company.

這幾天漲得厲害，我又買回了一點，等不到二月二日了！我覺得BigPay這個點很受歡迎吧，油價亂飆都沒有rasa!

東方兄，應該不包括二月二日

有戲，有戲！

Wave 2 as predicted by the Great Merlin.

Gogogo!

Huat LAH!

Got my BigPay card, satisfy with the APP and service, wonder how to save 4% though!

Happy time is over!

1. When HY took over Shell, its describe by Chinese media as "snake eat elephant"蛇吞象. Logically thinking, if HY really making so much money, why don't they pay some dividend to the parent company.

1+2=0. It just doesn't add up.

2. HY still different Xingquan. The owner of Xingquan is political linked, and their political allies has been arrested, which somehow lead to the fall of the company. Wang YouDe on the other hand is a business man, with a 人大代表 pangkat。

3. Crack spread has fallen, plus the cost of the upgrades, coming years' result will be mediocre at best.

4. This is a cyclical.

C53 is expiring. That's good! Graduation!

C58 is risky, after i check again. Can't find any example of exercise price being adjusted when a special dividend is announced.

I read the term sheet, etc, none talk about they have to adjust for the special dividend. So, AAC deal is highly risky to C58. Of course, there is still a possibility of Ambank adjust the exercise price, but its on its discretion.

Just be careful.

It's a long shot, but TF should bring more good news.

Getting routes from Airasia should make AAX stable and will better in no time.

我安裝了，是有一些蟲，但還算順利吧！

可能製作時間比較緊張，首次出場算情有可原吧！

Post removed.Why?

BWC aka Richardlee aka Investo,

This is a serious forum for investors to communicate, learn, and exchange idea. You have been spamming for an amazing 2 or 3 years? Please stop it!

Now, it is time for your corrupted "minds" to have a deep, and serious discussion between different identities. Please have an "election" in your mind and select ONE genuine soul whom is willing to recognise facts and talk about truth, and be friendly to others.

Your self-talking is naive and nobody believes that. But you still continue to do so. I wonder why?

Don't you have anything else to do? Play online game, meet a few girls, get to the mall or play badminton?

Or you simply can't win any "game" so i don't want to lose this one?

Came across an older passage from Felicity, saying Airasia could worth 40b. Couldn't agree more.

I said before, in 2-3 years, Airasia should worth RM12.

The challenge is, do we have the ability to buy more and keep for few years?

In about a month, Q4 result will be released.

The sale of AACE is completed on 29 Dec. So gain of disposal will be included. Probably really made 1b.

Beware of C53 pressing, coming soon.

ChampionCw, if you hold long term, Mac or any IB don't affect you.

Massive buying interest on OnG around 4pm Friday. Should it continue on monday? I guess so.

It is important to read and understand what is going on with the underlying facts with Sumatec.

If you don't read and think, blindly follow others, the real smart people not only make money from Sumatec, also make money from you.

Wrong title?

The author is only a reporter who writes financial news.

Stop blaming him.

zzz

bloody noob shit

The card is ugly though. Should be in RED!

Cool!

coecoe, according to news release, first 2 million barrels belongs to Sumatec. Correct me if i am wrong.

The greatest fund manager Peter Lynch has found two great stocks Fannie Mae and Freddie Mac. At that year the companies made so much money and one of them PE was one.

It's like Sumatec today.

(Of course later on things get out of hand and it is the innovation back then created the Subprime crisis. )

The great Merlin has provided a wonderful yet conservative valuation of Sumatec at 56c.

Let's do a not conservative valuation.

By the end of the year (actually by oct 2018), production will be 7500 barrels per day. Assuming price is usd70, net will be Usd50. Assuming exchange rate is 3.9.

Net income will be
7500x3.9x50x365=533m per annum.

Wow!

Of course there are expenses etc lower down the actual profit figure. However, from public available information, that is what we can get at the moment.

Correct me if I am wrong.

有點道理。

但是一些好的公司還是值得持有的，這些公司還是賺大錢啊！

所謂逆風行駛，買入長期持有就在這個時候，可現實中又有幾個做得到？

I am happy diehardunited blogged a passage saying avoid Sumatec until next week.

He has never been right before.

Buy before KYY does, and sell before him.

I bought more.

Sumatec is expected to be very profitable at usd50 crude price. Now it's usd70.

I don't know, if you punch the calculator, this company is so profitable. Merlin has been very conservative.

This round to rm2.00

Thx, r1ch.

I checked a bit on annual report and the field report, i am very satisfied. This is a long term hold for me.

I changed my strategy a bit. Buy whenever it drops, and load up before 20c.

The great Merlin has spoken!! Sumatec will resume charging tomorrow.

Most sumatec investor believes its worth 56c. No worries, for the moment!