4 people like this.

19 comment(s). Last comment by investor77 1 month ago

gohkimhock

2,500 posts

Posted by gohkimhock > 2021-10-03 14:24 | Report Abuse

EV is overhyped and overrated. How many EV manufacturers actually making profit? Just a shift of business from conventional to electric vehicles..

Tobby

5,313 posts

Posted by Tobby > 2021-10-03 14:40 | Report Abuse

Huge shortage of chips! Just saying!

tah16600

2,655 posts

Posted by tah16600 > 2021-10-04 09:51 | Report Abuse

Yes over hype ,better buy Supermx loh! almost drop 80 % from peak

Sslee

9,919 posts

Posted by Sslee > 1 month ago | Report Abuse

PureBull,
Have a look into crack spread.
The crack spread is on superBull now.

https://www.tradingview.com/symbols/NYMEX-D1N1%21/

i3lurker

11,361 posts

Posted by i3lurker > 1 month ago | Report Abuse

Agree
all must borrow from Ah Loong and BUY all in before share prices drop 30%

Sharks need your help now

Sslee

9,919 posts

Posted by Sslee > 1 month ago | Report Abuse

Good morning i3lurker,
Just done some portfolio readjustment.
I sold my non performance Ranhill and bought plantation stocks and then WCEHB to Oil refining stock and call warrant.

Should I sell some of my Insas?

stockraider

29,819 posts

Posted by stockraider > 1 month ago | Report Abuse

Very positive news for sapnrg loh!

U see with or without govt help at current price of 6.5 sen sapnrg should do very well if they go thru the restructuring mah!

Of course with govt help, it will do very much better mah!

Very strong buy for sapnrg at 6.5% loh!

Surewin mah!

Posted by bullmarket1628 > 8 minutes ago | Report Abuse

Report: MoF Inc eyeing financial support for Sapura Energy
Saturday, 21 May 2022 7:20 PM MYT
By John Bunyan

https://www.malaymail.com/amp/news/malaysia/2022/05/21/report-mof-inc-...

KUALA LUMPUR, May 21 — The Minister of Finance (Incorporated) MoF Inc may provide financial assistance to ailing oil-and-gas giant Sapura Energy Bhd, according to sources.

Sources familiar with developments at the wholly-owned Finance Ministry unit told The Edge that the intervention would be made under MoF (Inc) Act, which empowered the finance minister to enter into business transactions for social and strategic purposes.

"From what I know it is MoF Inc that will step up (lend a helping hand to Sapura Energy. What is discussed at present is some sort of assistance package...it could be a grant of some sort and it could be announced soon," one source was quoted as saying in the latest edition of The Edge.

It also said Finance Minister Tengku Datuk Seri Zafrul Aziz has been working on the proposal for several weeks......

stockraider

29,819 posts

Posted by stockraider > 1 month ago | Report Abuse

Buylah! Do not waste time loh!

At 6.5 sen sure win mah!

Lu tau boh ?

PureBULL ...

2,163 posts

Posted by PureBULL ... > 1 month ago | Report Abuse

https://www.tradingview.com/x/Gqj4HFbh/

hy, program selling has begun, it looks like.

1st LH = 739 n 1st LL = 717
below 717 = 2nd LL = could kaput,,

stockraider

29,819 posts

Posted by stockraider > 1 month ago | Report Abuse

Your best hope is still sapnrg, a potential multi bagger mah!

Sslee

9,919 posts

Posted by Sslee > 1 month ago | Report Abuse

This week or next Petronm and Hengyuan Q1 result should be out. Petronm result should be better that last quarter.

fortune favors the brave

qqq3333

4,864 posts

Posted by qqq3333 > 1 month ago | Report Abuse

I am not opposed to people buying Hengyuan.............I am just opposed to OTB repeating his disgusting old tricks.

qqq3333

4,864 posts

Posted by qqq3333 > 1 month ago | Report Abuse

OTB........u no shame ah?

investor77

584 posts

Posted by investor77 > 1 month ago | Report Abuse

To be fair, OTB puts his reco based on facts and figures as can be seen by the results of other refiners like Reliance in India. Have been a long time subscriber and I find no wrong in him, no doubt lost a bit in HiapTek, MSC and PMBTech. Who can be 100% accurate all the time ? Crack spread is indeed high, and it can be true that HYuan and PetronM fall is due to some CWs maturing, force selling or Short Selling. Look at Hibiscus, eps of 15 cents for a Quarter Year, Net profit of 307 mil and PE of 6X !! His reco on AYS still hold as eps is 6 cents, and PE is only 2X!

qqq3333

4,864 posts

Posted by qqq3333 > 1 month ago | Report Abuse

u want to trade crack spread, go and trade la............OTB disgusting trick is make money his credit, lose money is your money....................and yes, if u keep long enough, sure to lose money because its about cyclical stocks, never ever about quality.

qqq3333

4,864 posts

Posted by qqq3333 > 1 month ago | Report Abuse

nobody even know what is the daily volume traded in those Mogas 92 crack spreads. and the P/L of the refiners is subject to very wild timing difference , accounting policies, hedging policies, ........ the quarterly results give u a heart attack then u know.

investor77

584 posts

Posted by investor77 > 1 month ago | Report Abuse

Petron eps of 40 cents, and 106 mil Later, HYuan will get higher Eps. Go to HYuan to see how OTB calculate the potential EPS for Q1, and how SSLee calculate the potential profit.

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