Posted by LA777 > 2017-09-02 17:32 | Report Abuse

crackspred collapsed to 16.4, sudah gila?

Posted by crackspread collapsed to 16.4 > 2017-09-02 17:33 | Report Abuse

infected by raider syndrome

Posted by LA777 > 2017-09-02 17:34 | Report Abuse

kikikiki.....

Posted by stockraider > 2017-09-02 17:59 | Report Abuse

by crackspread collapsed to 16.4 > Sep 2, 2017 05:18 PM | Report Abuse

impact: crackspread will collapse to 4.16...and price will follow to 4.16 also

LA777
1101 posts

Posted by LA777 > Sep 2, 2017 05:32 PM | Report Abuse

crackspred collapsed to 16.4, sudah gila?

crackspread collapsed to 16.4
5315 posts

Posted by crackspread collapsed to 16.4 > Sep 2, 2017 05:33 PM | Report Abuse

infected by raider syndrome

GENERAL RAIDER SPECIAL ADVICE;

U NEED TO HAVE PROPER PERSPECTIVE ON CRACK SPREAD LOH....!!

WHEN CRACK SPREAD WAS ONLY USD 5.00 TO 6.00 IN 2015 TO 2016 HRC MAKE EPS RM 1.10 TO RM 1.20 LOH...!!

IF U LOOK INTO TP 1ST HALF OF 2017 THE CRACK SPREAD WAS USD 8.00 TO 9.50 HRC MAKE EPS RM 1.21 PER SHARE LOH...!!

THEN THE CRACK SPREAD SUDDENLY, SHOOT UP ABOVE USD 10.00, 11.00, 13.00 AND 17.00....NOW STILL USD 16.00 PER BARREL WITHIN 2 MTHS PERIOD LOH...!!

ASK YOURSELF WHAT SUSTAINABLE CRACK SPREAD U REALLY NEED IN ORDER TO GIVE REALLY VERY GOOD EARNINGS TO HRC LEH ??

THE ANSWER IS ANYTHING BETWEEN USD 9.00 TO 11.00 CRACK SPREAD HRC WILL MAKE EPS OF RM 3.00 AND ABOVE LOH...!!
NO NEED TO BE VERY GREEDY MAH....!!

ANY CRACK SPREAD ABOVE USD 12.00 IS NOT SUSTAINABLE MAH...!!
SO JUST DON BE GREEDY, WORK YOUR FIGURE AT A SUSTAINABLE USD 10.00 CRACK SPREAD IS GOOD ENOUGH LOH...!!

THE CURRENT CRACK SPREAD USD 16.00 IS TOO HIGH LOH....!!

Posted by crackspread collapsed to 16.4 > 2017-09-02 18:10 | Report Abuse

General Raider,

HRC wants to be greedy...so that it can wipe out its debt and internally finance its coming capex without debts..

i see many people greedy and impatient for dividends ma..

Posted by stockraider > 2017-09-02 19:07 | Report Abuse

Posted by stockraider > Sep 2, 2017 06:22 PM | Report Abuse X

Posted by crackspread collapsed to 16.4 > Sep 2, 2017 06:09 PM | Report Abuse

General Raider,

HRC wants to be greedy...so that it can wipe out its debt and internally finance its coming capex from internally generated cash.

i see many people greedy and impatient for dividends ma..

JUST LOOK AT DAVID CASHFLOW ANALYSIS JUST IN 3 MTHS....APR TO JUNE RM 500 MILLION NETT OF BORROWING IS WIPE OFF FROM HRC BALANCE SHEET MAH..!!

HRC NOW NET BORROWING REDUCE FROM RM 1.074 BILLION TO RM 572 MILLION WITHIN 3 MONTHS IN 30TH JUNE, AT THAT TIME THE CRACK SPREAD WAS ONLY AVERAGE ABOUT USD 7 TO 8 PER BARREL MAH...!!

THERE WILL BE RM 700 MILLION CAPEX PLUS EXISTING BORROWING OF RM 572 MILLION WILL AMOUNT TO RM 1.272 BILLION BUT GIVEN THE CASH GENERATION CAPACITY OF THE REFINERY, OF RM 700 TO 800 MILLION SUSTAINABLE PA, IT IS EXPECTED HRC WILL BE NET CASH IN 2019 ONWARDS.

THIS IS ACHIEVEABLE BCOS PETRON HAD SHOWN THIS ABILITY TO BE ABLE TO FULLY REPAID ITS DEBT WITHIN 3 YRS, DESPITE MORE DIFFICULT MKT ENVIRONMENT THAN NOW...WHEN THE CRACK SPREAD WAS BELOW USD 5 PER BARREL LOH....!!

TODAY CRACK SPREAD EASILY SUSTAINED AT ABOVE USD 7.00 BPD LOH...!!

Posted by crackspread collapsed to 16.4 > Sep 2, 2017 06:29 PM | Report Abuse

they doubt China man company will pay dividend.

GENERAL RAIDER;
WHY CHINAMAN NEED TO AND WANT TO PAY DIV ?
ALTHOUGH HRC IS BOUGHT FOR A SONG AT RM 1.93 PER SHARE, BUT SHPC THE PARENT IS NOT BIG, IN FACT SMALLER THAN HRC LOH...!!

THE PARENT WILL NEED DIV, BCOS THEY NEED TO SERVICE THEIR TAKEOVER LOAN MAH....!!

THUS DIV IS ESSENTIAL FOR SHPC LOH...!!
THIS IS BCOS THERE ARE NOT MUCH TRANSFER PRICING BETWEEN SHPC & HRC BCOS HRC PURCHASE ALL ITS CRUDE FROM SHELL THRU A 6 YRS PROCUREMENT AGREEMENT MAH...!!

Posted by stockraider > 2017-09-02 19:08 | Report Abuse

Posted by crackspread collapsed to 16.4 > Sep 2, 2017 06:27 PM | Report Abuse

some greedy investors cant wait for 2019 raider...they say (not me) will only invest when HRC declare they are paying dividend...

just wish their wishes come true earlier..

THOSE CANNOT WAIT FOR 2019, CAN FUCK OFF LOH....HRC IS NOT FOR THEM LOH...!!

HRC SHAREHOLDER ARE PEOPLE WHO ARE WILLING TO INVEST FOR AT LEAST 2 YRS MAH...!!

THE EPS OF EXCEEDING RM 2.00 TO 3.00 GIVE PE OF 4X TO 2.5X IF BASED ON RM 7.50 SHARE PRICE LOH...!!

U R GETTING RETURN ON INVESTMENT EXCEEDING 25% TO SOMETHING LIKE 40% PA LOH....!! VERY ATTRACTIVE FOR LONG TERM STEADY GROWTH RETURN MAH...!!

THIS TYPE OF EARNINGS ARE MUCH SUPERIOR THAN MOST COMPANY IN KLSE LOH..!
IN FACT IT IS UNHEARD OF LOH...!!

BTW WE ARE TALKING OF EARNINGS ON YOUR SHARE...NOT CAPITAL GAIN LOH..!!

ONCE EARNINGS SUSTAINED KICK IN.. U SEE STRONG RERATING AND CAPITAL GAIN ON SHARE PRICE LOH....!!

stockraider
4649 posts

Posted by stockraider > Sep 2, 2017 07:03 PM | Report Abuse X

REVISIT OLD SHELL DIV PAYMENT;

YEAR DIV PER SHARE
2005 .. RM O.55
2006.. RM 0.79
2007.. RM 0.42
2008.. RM 0.51
2009.. RM 0.37
2010.. RM 0.37
2011.. RM 0.37
2012.., RM 0.19
2013... RM 0.11

THE DIV RANGE FROM SHELL IS AT SUSTAINED AT RM O.11 TO RM 0.79 PER SHARE FOR MANY MANY YEARS UNTIL IT WAS STOPPED IN 2014.

RAIDER SEE 1ST DIV COME IN 2019, STRONG DIV CAN BE SUSTAINED DUE TO STRONG CASH GENERATION ABILITY OF HRC LOH...!!

SUSTAINED DIV OF RM 0.50 PER SHARE WOULD NOT BE FAR WRONG LOH...!!

Posted by 稻田·* 粒粒芳香 > 2017-09-02 19:34 | Report Abuse

Enjoying my bak Ku Teh in klang. Happy Holiday.

Posted by stockraider > 2017-09-02 23:19 |

Post removed.Why?

Posted by stockraider > 2017-09-03 01:21 |

Post removed.Why?

Posted by crackbomb explode to 16.4 richter scale > 2017-09-04 22:39 | Report Abuse

lets not belief this joke...it cant be true:

"Time needed to buy out the whole company using Cash Flow from Operation
= 2200 mil / 1048 mil = 2.1 years"

Posted by stockraider > 2017-09-06 22:31 | Report Abuse

General Raider says;

Q3 is surewin big gain for HRC loh....!!

1. Strong Crack Spread for q3, in fact record crack spread loh..!!
2. Big inventory gain for HRC both refine petroleum plus crude oil raw material stock gain...raider think exceeding rm 100 million compare to inventory losses of rm 19 million in q2 loh...!!
3. Strong improvement in free cashflow in q3, in fact raider think, it is the historical best for hrc loh...!!
4. Less operating expenses compare to q2, in fact no more exceptional maintenance cost and forex losses. Raider see positive forex gain possibility about rm 15 million reversal in q3 loh...!!

Basing on the above scenario, and with q3 losses of eps rm 0.27 in 2016, the comparative strong q3 eps in 2017, it is the expected the rolling eps of hrc to shoot up alot beyond imagination loh..!!

So hang tighth your valuable and rare HRC loh...!!

Posted by Alex Foo > 2017-09-06 22:33 | Report Abuse

alex q3 tp RM1.10 eps single quarter

Posted by crackbomb explode to 16.4 richter scale > 2017-09-06 22:39 | Report Abuse

you know another thing i am hoping may come true....
last 5 years or more...its inventory in barrels were only equivalent to 800M with current oil price.

Imagine if it reduces back the inventory from from current 1.2B back to 800M...

almost 400M free cash flow on top of those generated in Q3!!...

Posted by crackbomb explode to 16.4 richter scale > 2017-09-06 22:41 | Report Abuse

that will be basically a 'shell shock' to those who questions its cash level in its balance sheet!

Posted by John Lu > 2017-10-14 09:54 | Report Abuse

1 more month to go...TP minimal RM10