KYY said the company sold forward its refined products and then the crude oil shot up. Wondering why can't the company buy crude oil at the same time they sell forward its refined products?
What is the key diff in ownership & management between Petron V Hengyuan leh ? Petron reward its shareholders by distributing reasonable dividend whereas Hengyuan siphoned cash & profit for its own profit mah!
In other words even if Hengyuan going to make good profits, they are not going to share any u loh!
On the other hand, u can rely on Petron for its good corporate governance mah! And right now Petron is actually making more monies than hengyuan loh!
Lu tau boh ?
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
vcinvestor
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Posted by vcinvestor > 2022-06-02 11:22 | Report Abuse
don't worship false idols