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4 comment(s). Last comment by Jon Choivo 2018-11-27 23:48

JayC

1,302 posts

Posted by JayC > 2017-09-21 14:40 | Report Abuse

wow, your analysis is very very detailed. very good analyst

probability

14,460 posts

Posted by probability > 2017-09-21 14:43 | Report Abuse

"The math get more interesting if you consider than for every RM1 increment in Hengyuan's price is equal to 2.9% of a brand new refinery. What does that mean? Well, if you value the refinery at 33% of a brand new refinery that is more than 100% gain from Shell selling price of RM1.80. At 40%, that's more than triple the Shell selling price."

LOL!

tftey

326 posts

Posted by tftey > 2017-09-21 16:23 | Report Abuse

Interesting Report. Thumbs up

Jon Choivo

3,668 posts

Posted by Jon Choivo > 2018-11-27 23:48 | Report Abuse

I feel like an idiot. I have no idea how i failed to study hibiscus properly. Especially with research as good as yours around.

This is definitely one of my bigger failures. And i saw it in sept 2016 and just didnt study it properly. I must be stupid really.

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