1 person likes this.

10 comment(s). Last comment by peterparker69 2022-08-18 12:53

tehka

1,906 posts

Posted by tehka > 2022-08-16 12:21 | Report Abuse

Dear uncle, you condemn Hengyuan and promote Hibiscus. Yet you forgot to mention ExxonMobil Mobil, Shell and Chevron all recorded great refinery results.

investor77

649 posts

Posted by investor77 > 2022-08-16 12:57 | Report Abuse

Refineries are a good bet this round as shortage of refiners cos of MCO. PetronM usually release results earlier after parent Co in Phillipines announce group result. HengYuan is complex refiners able to produce Diesel which has higher crack spread, at around 46% of its 10.5 mil barrel / Qtr, but it has to hedge Crude Oil Price and also Prices of Refined Oil where cost of production is USD 2/ barrel. PetronM is simple Refiner where hedging is minimal as it has 750 stations but Mogas 92 crack spread is low for this product. It is expected that HYuan will announce an estimated net profit of RM1/ share, or 300 mil, barring huge derivative losses, like last quarter.

Zhuge_Liang

1,495 posts

Posted by Zhuge_Liang > 2022-08-16 13:03 | Report Abuse

Posted by tehka > 39 minutes ago | Report Abuse

Dear uncle, you condemn Hengyuan and promote Hibiscus. Yet you forgot to mention ExxonMobil Mobil, Shell and Chevron all recorded great refinery results.
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I believe Warren Buffets is smarter than KYY, 85% of refined products of Hengyuan is sold to Shell Malaysia.
Since Shell reported good profit, I believe Hengyuan will perform well too.

stockwin

285 posts

Posted by stockwin > 2022-08-16 17:04 | Report Abuse

KYY curi curi buy HY ke??

Income

2,870 posts

Posted by Income > 2022-08-16 21:30 | Report Abuse

Sidewalk articles. Good for entertainment purposes only.

Tiger62

1,902 posts

Posted by Tiger62 > 2022-08-17 08:55 | Report Abuse

oil price drop below 90 future profit of hibi will be reduced. fxxxk

kangedd

437 posts

Posted by kangedd > 2022-08-17 14:20 | Report Abuse

Thank you for free entertainment today uncle kyy

Income

2,870 posts

Posted by Income > 2022-08-17 16:09 | Report Abuse

Scammer ^ don’t click

Posted by peterparker69 > 2022-08-18 12:53 | Report Abuse

Oil price up, all the refinery and oil company making good profit. But I think we know redy. No tq uncle Cock

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