Posted by Jururawat > 2018-04-20 16:06 | Report Abuse

130lots for support 836?
Kena tongkatlah...

Posted by Jururawat > 2018-04-20 16:07 | Report Abuse

835 @288lots, laugh me die...

Posted by probability > 2018-04-20 16:07 | Report Abuse

aiyo fake news only ma....why so scared qq3...its good opportunity to collect for you...it will enhance the pivotal moment...kiki

Posted by Jun Lim Ng > 2018-04-20 16:09 | Report Abuse

closed price 8.45....next week fly after correction...

Posted by John_Lee > 2018-04-20 16:09 | Report Abuse

I am not trying to chase him away. He can stay here all he wants and I have been continuously exposing his deceits.

I have warned him against mocking other religions. This is a sensitive matter that has no place in this forum.

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Posted by Fam Jenny > Apr 20, 2018 04:00 PM | Report Abuse

John_Lee,what is your motive of getting rid of Probability so urgently,you have no rights to chase him out.What we can do is expose falsehoods if there is any.
Lee

Posted by Lee Yih Yeong > 2018-04-20 16:10 | Report Abuse

omg..why drop so much

Posted by Jururawat > 2018-04-20 16:11 | Report Abuse

Shark wooing you ppl buy and trap, release slowly
And h my...
I buy only the lowest!

Posted by Fam Jenny > 2018-04-20 16:11 | Report Abuse

3iii,yes revenue minus cost if production=gross profit.
Cost of production= fixed cost + variable cost
Hence when I wrote revenue minus fixed cost minus variable cost = gross profit.So you cannot minus fixed cost from gross profit again,because you have minus it already.

Posted by Jururawat > 2018-04-20 16:13 | Report Abuse

Start to cut finger, cut toe, hahahha

Posted by probability > 2018-04-20 16:13 | Report Abuse

mocking is not allowed meh? why mocking affects little johny so much....there is an element of truth on the mock?

Definition:

A mocking expression or mocking behaviour indicates that you think someone or something is stupid or inferior.

whats wrong with expressing your opinion?

Posted by John_Lee > 2018-04-20 16:20 | Report Abuse

Go anywhere in the world and everyone will tell you that religion mocking is a no no.

You are incorrigible.

Btw, please stick to hengyuan matters and leave out religion from this point after. Sincere advise.

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Posted by probability > Apr 20, 2018 04:13 PM | Report Abuse

mocking is not allowed meh? why mocking affects little johny so much....there is an element of truth on the mock?

Definition:

A mocking expression or mocking behaviour indicates that you think someone or something is stupid or inferior.

whats wrong with expressing your opinion?

Posted by titus > 2018-04-20 16:20 | Report Abuse

if godfather selling to raise fund for blue eye boy.....i fully support......
pls sell all and give to blue eye boy...

Posted by Jururawat > 2018-04-20 16:24 | Report Abuse

Betul lai liao,

Posted by Fam Jenny > 2018-04-20 16:24 | Report Abuse

3iii,just to correct you,for productions a/c,you don't say cost of sale but cost of production,
Revenue minus cost of production(fixed cost +variable cost)=gross profit.
Then gross profit minus administrative,depreciation,others=net profit.
Then net profit + inventory gain=total net profits.

Posted by apple168 > 2018-04-20 16:24 | Report Abuse

Operators trying to buy cheap for Q1 rally.. hold tight

Posted by Jururawat > 2018-04-20 16:24 | Report Abuse

Give me good price, tq

Posted by Lee Yih Yeong > 2018-04-20 16:24 | Report Abuse

so many refinery going for shutdown during may/june. Is this going to be same as hengyuan?

https://www.platts.com/latest-news/oil/singapore/asian-naphtha-physical-cracks-near-three-month-27962296

Posted by Jururawat > 2018-04-20 16:25 | Report Abuse

Apple juice, god bless you...

Posted by GoodBoy > 2018-04-20 16:28 | Report Abuse

No sign of recovery for today ... Next week same pattern again ? ...

Posted by mancingbursa > 2018-04-20 16:28 | Report Abuse

820 waiting you..

Posted by mancingbursa > 2018-04-20 16:30 | Report Abuse

Aiyo where all kokker?

Posted by mancingbursa > 2018-04-20 16:31 | Report Abuse

So fast....

Posted by mancingbursa > 2018-04-20 16:37 | Report Abuse

Hehe, 8.28 lower

Posted by Jururawat > 2018-04-20 16:38 | Report Abuse

Come on 820

Posted by John_Lee > 2018-04-20 16:39 | Report Abuse

This is the industry norm. All refineries are subject to turnaround. Management will always plan and try to coincide the maintenance during time when they see their internal spread as thinning. Refining business requires a lot of strategic planning. When to buy raw materials, when to release your products, when to close for maintenance, when to hedge etc.

All refineries have different strategies and timing. If not, then everyone just follow Probability Prick's Mogas 92 Crack Spread and shut down at the same time when crack spread is thinnest, correct?

This industry is much more complex than it seems on the surface. It is a strategy game.

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Posted by Lee Yih Yeong > Apr 20, 2018 04:24 PM | Report Abuse

so many refinery going for shutdown during may/june. Is this going to be same as hengyuan?

https://www.platts.com/latest-news/oil/singapore/asian-naphtha-physica...

Posted by probability > 2018-04-20 16:39 | Report Abuse

THE BIG BIG PROBLEM with CRACK SPREAD DROP is this:


it results with Extra - Double X Exponentially effects on EPS.
..............................................................

(1) firstly the Gross profit itself does not drop proportionally...as there is breakeven crack spread threshold which it needs to surpass to realize a Gross Profit. Gross profit drops exponentially against crack spread drop instead of proportionally.

(2) secondly, there are Fixed Cost of 150 Million per qtr where the Gross Profit has to surpass (exceed) before realizing as Net Profit.
This has even more exaggerating effects on EPS.

(3) lastly, the new tax realization will make EPS number reduced by 25%


If you plot a graph of crack spread versus eps on and x-y chart...it will look like you are about to jump of a cliff....to death.

Posted by Alex™ > 2018-04-20 16:40 | Report Abuse

ikan bilis stop pole 827... no worry... be hapi

Posted by Fam Jenny > 2018-04-20 16:40 | Report Abuse

It is not stable yet just stay away temporily.

Posted by mancingbursa > 2018-04-20 16:41 | Report Abuse

Dun too earl, mr alex. Got another 19min..

Posted by Fam Jenny > 2018-04-20 16:42 | Report Abuse

At this stage,fa is not important but ta is our guide for direction.

Posted by mancingbursa > 2018-04-20 16:42 | Report Abuse

833

Posted by John_Lee > 2018-04-20 16:43 | Report Abuse

You need to absolutely short the hengyuan then. Money waiting to be made. So, why arent you shorting? Had you shortsold this morning, you would have made big bucks today. But you did not. Dont trust yourself? Too much self doubt?

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Posted by probability > Apr 20, 2018 04:39 PM | Report Abuse

THE BIG BIG PROBLEM with CRACK SPREAD DROP is this:


it results with Extra - Double X Exponentially effects on EPS.
..............................................................

(1) firstly the Gross profit itself does not drop proportionally...as there is breakeven crack spread threshold which it needs to surpass to realize a Gross Profit. Gross profit drops exponentially against crack spread drop instead of proportionally.

(2) secondly, there are Fixed Cost of 150 Million per qtr where the Gross Profit has to surpass (exceed) before realizing as Net Profit.
This has even more exaggerating effects on EPS.

(3) lastly, the new tax realization will make EPS number reduced by 25%


If you plot a graph of crack spread versus eps on and x-y chart...it will look like you are about to jump of a cliff....to death.

Posted by Lee Yih Yeong > 2018-04-20 16:45 | Report Abuse

@John Lee are you working inside hengyuan?

Posted by mancingbursa > 2018-04-20 16:45 | Report Abuse

Surely down hill closing hahaha

Posted by titus > 2018-04-20 16:48 | Report Abuse

mancingbursa, i park 100 unit @ 8.20. See kena or not.

Posted by Alex™ > 2018-04-20 16:48 | Report Abuse

i want to shork, but my remisier say form belum dapat!

Posted by mancingbursa > 2018-04-20 16:49 | Report Abuse

@titus good luck

Posted by Alex™ > 2018-04-20 16:50 | Report Abuse

buy today, monday huat

Posted by mancingbursa > 2018-04-20 16:54 | Report Abuse

Mr. Not yet but if Syria war again

Posted by Powerstock > 2018-04-20 16:54 | Report Abuse

power down next week

Posted by Jururawat > 2018-04-20 16:54 | Report Abuse

Tiu... Fai tit leh!

Posted by Powerstock > 2018-04-20 16:55 | Report Abuse

no power up aredi
sure power down

Posted by Powerstock > 2018-04-20 16:55 | Report Abuse

7.0 coming

Posted by titus > 2018-04-20 16:55 | Report Abuse

mancingbursa...man ada 8.20....u tipu me ah?.....8.30 also no kiss yet leh.....

Posted by Powerstock > 2018-04-20 16:56 | Report Abuse

after 7.0
next 6.0

Posted by Powerstock > 2018-04-20 16:57 | Report Abuse

cepat lari laju
tak lari, mati loh

Posted by Alex™ > 2018-04-20 16:57 | Report Abuse

see? i told u d, 827 sure hold one

Posted by Powerstock > 2018-04-20 16:59 | Report Abuse

harga menjunam
siapa boleh tahan???
uncle kyy boleh ke???
I tak sempat
cepat lari keluar dahulu

Posted by mancingbursa > 2018-04-20 17:00 | Report Abuse

@titus sory my broken abacus didn't working good...
Wa also place 820 to 825...
Sayang

Posted by Jun Lim Ng > 2018-04-20 17:00 | Report Abuse

This counter look like no more hope...the best way is hold and the QR report....
If the QR report aslo bad...then GG...
will be drop back to RM 7 or below !