If KYY cannot differential mogas, gasoil and jet fuel crack spread and just simply label mogas92 crack spread as Brent Crack Spread then I have nothing more to say.
But for an engineering graduate from MU to agree with KYY writting that mogas92 creack spread is Brent crack spread then I can only say god bless Malaysia.
Uncle pun know crack spread mogas 92 is for hedging purpose only mah. Q3 average selling price is 130. Brent average is 100. Do your maths lah uncle. Low mogas 92 crack and high selling price is double engine mah. One month later uncle please look into the quarter report. Diesel , jet fuel banyak untung. Mogas 97&95 untung sikit. Only weak currency not favour hengheng. Tapi Hedge untung very very fat. All pending hedge loss will become untung. q3 result will shock many people.
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....
ks55
4,231 posts
Posted by ks55 > 2022-07-08 13:11 | Report Abuse
To cut story short, HYR is declared dead.