3 people like this.

15 comment(s). Last comment by paperplane2016 2017-07-04 22:12

Alex Foo

12,591 posts

Posted by Alex Foo > 2017-07-03 16:06 | Report Abuse

eeee feli no support hengyuan. i sad. i summon probability sifu here

Flintstones

1,762 posts

Posted by Flintstones > 2017-07-03 17:49 | Report Abuse

The Felicity effect is in play. Petron exploded after his article was published.

cheoky

2,820 posts

Posted by cheoky > 2017-07-03 20:39 | Report Abuse

Thx for sharing.

Posted by wonderlust33e > 2017-07-03 23:13 | Report Abuse

I do not think this is a buy call. too much uncertainty.

probability

14,419 posts

Posted by probability > 2017-07-03 23:16 | Report Abuse

Alex Foo, smart management promotes their subordinates to better managerial titles..this indirectly promotes them to higher status without having to request a change in their own title.

PetronM refinery:
limited to 48k bpd and produces 30% Fuel Oil
The rest up to u to crack and figure out the spread..

Posted by Alex Foo > Jul 3, 2017 04:06 PM | Report Abuse

eeee feli no support hengyuan. i sad. i summon probability sifu here

pputeh

698 posts

Posted by pputeh > 2017-07-04 09:34 | Report Abuse

Thank you felicity on yr thoughts re Hengyuan. GUess, A bit of luck and patience for Hengyuan

paperplane2016

21,609 posts

Posted by paperplane2016 > 2017-07-04 12:43 | Report Abuse

with felicity, everyone buying back again PETRONM

1901

532 posts

Posted by 1901 > 2017-07-04 12:52 | Report Abuse

dig deeper. oil companies mostly lease petrol station land for 30 yrs from landowner, the land can be F or L hold status. Upgrading refinery is very costly - shell transfer that cost to hengyuan

wltan22

208 posts

Posted by wltan22 > 2017-07-04 12:58 | Report Abuse

LIKE...Petronm refinery already upgraded, "Petron Malaysia has done so after taking over the business since 2012. It has managed to be Euro4 compliant "

Alex Foo

12,591 posts

Posted by Alex Foo > 2017-07-04 15:56 | Report Abuse

hrc belum euro4 oh, how ah?

Alex Foo

12,591 posts

Posted by Alex Foo > 2017-07-04 15:57 | Report Abuse

惨料,我买错料~

stockraider

31,556 posts

Posted by stockraider > 2017-07-04 16:00 | Report Abuse

Hrc going to spend Rm 700m for euro 4 complaint & further upgrade of plant mah, quite cheap compare with Petron new plant of USD 1.5 billion or Rm 6.4 billion new capacity refinery loh...!!

With this new plant, hopefully Petron margin can go USD 7 to 9 per barrel from current USD 3 to 5 per barrel now loh..!!

Alex Foo

12,591 posts

Posted by Alex Foo > 2017-07-04 22:03 | Report Abuse

okok.....fan xim liao =D

Alex Foo

12,591 posts

Posted by Alex Foo > 2017-07-04 22:03 | Report Abuse

huat ar hrc~

paperplane2016

21,609 posts

Posted by paperplane2016 > 2017-07-04 22:12 | Report Abuse

Hrc going to spend Rm 700m for euro 4 complaint & further upgrade of plant mah, quite cheap compare with Petron new plant of USD 1.5 billion or Rm 6.4 billion new capacity refinery loh...!!

With this new plant, hopefully Petron margin can go USD 7 to 9 per barrel from current USD 3 to 5 per barrel now loh..!!
04/07/2017 16:00

Raider, HRC or petronm you talking? To me, work done for Petronm and turning super net cash. HRC still long way to go.......

Post a Comment
Market Buzz