Q1) is refinery margin the same across all countries? Q2) If Q1 is yes, then how to explain the discrepancy of Indian Oil? tq =)
RAIDER COMMENT;
YES NOT ALL REFINERY WILL BENEFIT SAME BASED ON STD CRACK MARGIN LIKE THE SPORE POSTING;
PROFITABILITY AFTER INDICATION OF STD MOGAS CRACK MARGIN DEPEND ON OTHER FACTORS LOH...!!
1. DISTANCE AND TRANSPORT COST LIKE HRC AND PETRON WILL HAVE ABOUT USD 1.00 BPD ADVANTAGE COMPARE WITH IMPORT FROM SPORE. CERTAIN PLACES IF U EXPORT TO EUROPE IT MAYBE ADDITIONAL USD 3.00 AND CHINA USD 1.80.
2. THE TYPE OF CRUDE LOH...!! IF U USE LIKE CRUDE LIKE TAPIS USE BY PETRON WILL SLIGHTLY HIGHER COST COMPARE WITH HRC AND SPORE REFINERY ,WHO USES HEAVY DUBAI CRUDE MAH..THEY WILL HAVE USD 0.50 BPD COST ADVANTAGE LOH...!!
3. THE TYPE OF REFINERY...SPORE PETROLEUM WILL HAVE USD 1.00 COST ADVANTAGE OVER PETRONAS AND USD I.50 OVER PETRON.
4. THE COST OF OPERATIONS AND EFFICIENCY AND FIXED COST OF MSIA REFINERY HAVE A USD 1.00 ADVANTAGE OVER SPORE REFINERY DUE TO LOWER OVERHEAD AND FIXED COST.
5. SPECIAL SITUATION LIKE EVERY 3 OR 5 YEARS THE REFINERY MUST COMPULSORY SHUTDOWN FOR SCHEDULE MAINTENANCE 15 TO 60 DAYS BASED ON COUNTRY REGULATION. DURING THIS PERIOD SOME PROFIT WILL BE AFFECTED LOH.
6. THE INTERNAL MANAGEMENT ITSELF, HOW THEY RUN THE REFINERY, MAT SALLEH AND MELAYU STYLE USUALLY COST MORE ABOUT USD 1.00 COMPARE WITH CHINA APEK AND INDIAN NEH OF RUNNING REFINERY LOH...!!
THUS U ADD UP ALL OTHER FACTORS U CAN SEE PLUS MINUS USD 1.00 TO 6.00 MARGIN PER BARREL COMPARE WITH DIFFERENT REFINERY IN THE REGION LOH..!!
Pet Dag 2nd qtr result expected to come out today or tomorrow but do not expect strong earnings loh....bcos the beneficiary of refinery crack margin increase is refinery mah...not retail & mkt who earn normal margin loh...!!
yalol .. integrity u self can estimate the price "mother will head south to rm7 and cd will be 15sen" .. why need check with raider lol .. believe urself, u believe it will ahead rm7 and 15sen then just believe ..
Hahaha.... Ppl can simply plug the profit margin figure here which is insider coporate information but no ppl question..where i just posting to aware too confident speculator on CallWarrant but ppl said i m tin and kosong.. Stockranger r u the one got the inform about profit margin for petron? Else pls share something usefull inform rather than keep posting kosong tin thing.haha
Aseng gor gor... Common sense doesnt tell u im not a short seller trader... and ya... common sense forgot to inform u no trader shall consistent stay on long or short direction ya.. And Aseng gor gor thanks for ur common sense that remind me not to say too much not common thing at here..
Pls allow me final recomment my common sense that: CD holder pls beware and cut when it is neccassarily...coz it will keep in droping until u beh tahan.. downsiderisk still large room there... Mother holder if ur holding power is there then no worry when it correctiom until RM7.. and u can continue keep mother if u confident it will rocket high in future but CD got time value u beh tahan keep it de...
common sense tell me you are a fast moving person , not a very careful person, tak pandai cakap bahong ....
you have forgotten petronm is aseng wife , I am very careful here how to ask aseng gor gor to believe your integrity if you can't even spell the word correctly...
this one no need common sense , this one too obvious already....
Aseng gor gor i also happy to talk to u coz u r so clever teaching me that ur common sense is too brialliant that until now u still cant digest what my commonsense...hahaha.. maybe i need to improve my common sense.. and btw ur common sense can identify ppl bahong or not...can teach me arh?
posted by 3iii > Aug 14, 2017 12:58 PM | Report Abuse
Too much manipulation in the local stock market. Be careful. Do your own analysis.
Distribution of shares by market manipulators occurs during the rising prices phase.
The market operators soon disappear once they have reached their objectives and then the share prices dropped precipitously.
Always do your own stock analysis and make your own decisions.
NEED TO REALIZE THIS LOH....THIS CO HAS MORE THAN RM 2 BILLION COMPANY...U THINK RAIDER & GANG DARE TO OPERATE AND MANIPULATE THESE TYPE OF STOCKS LEH ??
THUS IF THESE TYPE OF STOCK GOT BIG MKT CAP...CANNOT DO ANYTHING FOOLISH AGAINST THE NORM. GO FOR THE TRUTH & INVEST BASED ON TRUTH LOH....GO FOR LINE OF LEAST RESISTANCE, THAT IS MARGIN OF SAFETY, UNDERVALUE, GROWTH AND GOOD PROSPECT LOH..!!
So many people with" purpose" is spreading the negative news to HRC. and wish it go down for cheap buy... So, once result out , you wait for buy st limit up price
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....
stockraider
31,556 posts
Posted by stockraider > 2017-08-14 11:00 | Report Abuse
Posted by Alex Foo > Aug 14, 2017 10:19 AM | Report Abuse
ok i ask la...
it's strange that not all refinery company reported profit. I cite one
https://asia.nikkei.com/Business/Companies/Indian-Oil-profit-slumps-45-as-refining-margins-shrink
but they also say that because of europe fire, the margin spike.
Q1) is refinery margin the same across all countries?
Q2) If Q1 is yes, then how to explain the discrepancy of Indian Oil?
tq =)
RAIDER COMMENT;
YES NOT ALL REFINERY WILL BENEFIT SAME BASED ON STD CRACK MARGIN LIKE THE SPORE POSTING;
PROFITABILITY AFTER INDICATION OF STD MOGAS CRACK MARGIN DEPEND ON OTHER FACTORS LOH...!!
1. DISTANCE AND TRANSPORT COST LIKE HRC AND PETRON WILL HAVE ABOUT USD 1.00 BPD ADVANTAGE COMPARE WITH IMPORT FROM SPORE. CERTAIN PLACES IF U EXPORT TO EUROPE IT MAYBE ADDITIONAL USD 3.00 AND CHINA USD 1.80.
2. THE TYPE OF CRUDE LOH...!! IF U USE LIKE CRUDE LIKE TAPIS USE BY PETRON WILL SLIGHTLY HIGHER COST COMPARE WITH HRC AND SPORE REFINERY ,WHO USES HEAVY DUBAI CRUDE MAH..THEY WILL HAVE USD 0.50 BPD COST ADVANTAGE LOH...!!
3. THE TYPE OF REFINERY...SPORE PETROLEUM WILL HAVE USD 1.00 COST ADVANTAGE OVER PETRONAS AND USD I.50 OVER PETRON.
4. THE COST OF OPERATIONS AND EFFICIENCY AND FIXED COST OF MSIA REFINERY HAVE A USD 1.00 ADVANTAGE OVER SPORE REFINERY DUE TO LOWER OVERHEAD AND FIXED COST.
5. SPECIAL SITUATION LIKE EVERY 3 OR 5 YEARS THE REFINERY MUST COMPULSORY SHUTDOWN FOR SCHEDULE MAINTENANCE 15 TO 60 DAYS BASED ON COUNTRY REGULATION. DURING THIS PERIOD SOME PROFIT WILL BE AFFECTED LOH.
6. THE INTERNAL MANAGEMENT ITSELF, HOW THEY RUN THE REFINERY, MAT SALLEH AND MELAYU STYLE USUALLY COST MORE ABOUT USD 1.00 COMPARE WITH CHINA APEK AND INDIAN NEH OF RUNNING REFINERY LOH...!!
THUS U ADD UP ALL OTHER FACTORS U CAN SEE PLUS MINUS USD 1.00 TO 6.00 MARGIN PER BARREL COMPARE WITH DIFFERENT REFINERY IN THE REGION LOH..!!