Posted by YLR33 > 2017-07-31 06:24 | Report Abuse

https://www.quandl.com/data/CHRIS/CME_1NB1-Singapore-Mogas-92-Unleaded-Platts-Brent-Crack-Spread-Futures-Continuous-Contract-1-1NB1-Front-Month

from above chart, year 2015 crack spread higher than year 2016, and is higher than 2017 first half, so the net profit for 2017 may not be so high as forcast

i still figure why Q3 2016 earning is negative, will post when have time and get it

Posted by aaa888 > 2017-07-31 06:27 | Report Abuse

Break rm 7.6 today!

Posted by aaa888 > 2017-07-31 06:28 | Report Abuse

Hengyuan had excellent last two QRs, now the crack spread breaks new high, will have high profit soon! Good to buy!

Posted by YLR33 > 2017-07-31 06:38 | Report Abuse

higher crack is Q2 2015 is USD18, go read the chart, now the crack no way near there yet

Posted by int123 > 2017-07-31 06:43 | Report Abuse

YLR is typical over-think investor type, keep research research and study and ended up find all the weaknesses of the company (no company is perfect). Most importantly they NEVER invest in company due to overthink. So that they can't make money too. Hengyuan PE @ 4x. Pls go study Asian refiners, who have this kind of low PE.

YLR do ur homework la don keep waiting to spoon feed, Q3 2016, the crack spread was keep slumping down that period, after that recovered so that profits were excellent, and now the crack spread breaks new high.

Break RM7.6 today, without YLR! ON YEAH.