Upgrading means to complies with Euro 4M from Euro 2 M and the sulphur content would be reduced by 100 times if I remember correctly.

How would it affect capacity?
I also thought it should remain the same initially.

What I read is 1 barrel is 42 US gallons. After processing, the total output would be 45 gallons as additives are needed.

Now, how many gallons would be Gasoline and how many would be diesel, etc... It also depends on the types of refinery..

Would the total input be reduced after the upgrade?

The key issue is 1.15 millions tonnes per annum of Gasoline, which is about 9 million barrels per annum of Gasoline, represents how many percent of the total output of the plant for all the mix of products?

What are the yields for each category of the product mix?

1 barrel of crude oil will yield how much of gasoline?

The data I got is for US refinery in 2016.

I am not 100% sure if it applies to Hengyuan refinery, though I believe so.

John_Lee,

I google search something (some figures) to verify PROBABILITY's claim of the 50% capacity reduction after the upgrade based on the released news of Gasoline production of 1.15 millions tonnes per annum after the upgrade.

I was really surprised that from the additional information (which was in the year 2016) I got, it worked out that Probability's claim that the production capacity would be reduced by 50% after the upgrade is true.

I stop here. It is for Probability to reveal. I now trust his sincerity.

Run B4 too late

Long term 10 years chart is generally in uptrend..
Haha..

Might have surprise MRT3 award.. who knows?

Probability,

I found the answer in Google search..

Buyers in defeat..

Ascending flag spotted earlier..

Probability,

Noted..

Sorry, 1.15 millions tonnes

Probability,

I have no clues at all how to get the total daily production volume and the product mix after the Euro 4M upgrade..

It will be approximately 23,000 barrels per day of gasoline after the upgrade. How much each for other mix of products? How do we get the figures of the daily production of other product mix? From the news feed, only the production capacity of gasoline was reported as 1.15 tonnes per annum.

The current rated capability of 120,000 barrels per day, with a license capacity of 156,000 barrels per day, what does it mean? Does it mean the input of the crude to be refined?

Can you please enlighten us.

Thanks.

Rm 46 billion, Gamuda 60% is Rm 27 billion

Here you go https://themalaysianreserve.com/2017/09/06/gamudas-penang-project-extended-2018/

Gamuda 60% leh

I meant approval of the EIA

Awarded actually pending EIA reports from the Federal Govt.. surely cannot get through loh... Has been postponed and postponed..

Must redraw the chart to descending flag liao..

Uncle will buy when red...

Green Green Grass of Home...

Hohoho

I think..
People like to buy green not red

Walaoyeh...

Turned RED

Then no body want loh..

Vivoviva

You should ask uncle to push mah..

Wakakaka

Vivoviva
Paid to come to this forum?

Hahaha

If PH win, the Penang Transport Master Plan RM27.00 BILLION will off the ground.

Whichever way, it is a WIN

Chart Theory :

A rising " flag" is distribution.

Look at Hengyuan chart , when it rebounded from 13 to 15+ in February, it was a rising flag..

What happened is already history..

Make you own judgement..

Hehe..

A rising "flag" is sign of distribution.

Check if it is.

I never believe that in the stock market, there are people so kind that they would put money in your pockets. Tips, sometimes are like honey and some other times they are virtually poisons.

Investing or trading in the stock market is a business. It is not a charity. No one will do charity via the stock market.

Always remember the stories of the Tulips and the Monkeys.

hehe

Syndicates always have a battalion of soldiers. I think now is distribution...

Short Selling is nothing new for this counter.. It is now only extended to ikan bilis to short sell intra day from tomorrow onwards .. Those sharks or IBs had shorted this counter before, I believe, accounted for its steep fall...

John,

Thanks

About 23,000 barrels of gasoline per day, that's its rated capacity?

What sort of product mix in percentages for each?

Oh... 1.15 millions tonnes of gasoline? Hopefully.. No wonder?

Was it reported correctly the capacity will be 1.15 millions tonnes per annum?

Rule of thumb
1 barrel a day is approximately 50 tonnes per year?

Look at this

http://www.cheapower.com/newsandco/oil_industry_conversions.htm

https://www.thestar.com.my/business/business-news/2017/06/17/hengyuan-okays-two-projects-costing-rm685mil/

How much is 1.15 millions tonnes?
Does it include all the refined products or just gasoline?

1 ton is how many barrels?

Until burnt to charcoal if not ashes then the chase will end there. What a misleading write up, investment decisions are based on price actions???? .. What rubbish is this.. This is kakijudi mentality..

Similar ones were written when it was @rm17..
Those bought then already burnt to charcoal if not ashes if they didn't sell b4 the price collapsed.

Typica article of enticement after a rise.

EPF seems want to get out from this stock.
Latest announcement for 6 sen dividend.
The share was splited, 1 to 5, in 2016

Public Bank Research dated 6th April
TP RM 6.20 https://klse.i3investor.com/m/priceTarget/44445.jsp

This stock actually worth rm6.

Just cannot understand our biggest fund in Bursa. They are the biggest traders. Trading all the contributors hard earned money for the broker house /remisiers to earn big commission.

What are their investment objectives. Don't they have target prices or can't they invest like Warren Buffett?

Just Weird

https://youtu.be/JrISIizR0ls

Cyclical Adjusted PE

https://en.m.wikipedia.org/wiki/Cyclically_adjusted_price-to-earnings_ratio

2012, 2013 and 2014 lost money loh
That were not too far away loh
THE CYCLICAL ADJUSTED PE would not look good if use 4 years and above loh..

Hehehe

The number would be ugly if use 5 years loh