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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Posted by vcinvestor > 2022-06-02 11:22 | Report Abuse
don't worship false idols