A loser will always wants to recoup his losses but never wins back instead loses more until borrows from sharks. A winner in life will recognise his losses n moves forward for other better opportunities.
Lower crude price (but steady with low fluctuation) is better for refinery.
Think of crude oil to refinery as wood to furniture makers. The cheaper the raw materials, the lower cost to your final product and in this case as a regulated product, lower price means potentially higher demand (airline becomes cheaper to operate and attracts more patrons) and lower inventory holding leading to better cash flow.
Dear all, From placing crude oil order then shipment then refine and finally despatch to buyer (Shell Malaysia) will take about 1.5 to 2 months. Thus when you look into HRC financial account you have this stock gain and loses( Crude price different between crude purchase date and products despatch date) then refine margin (spread). The products selling price different with crude price. All these price are public knowledge international publication. Thank you. Note: Previously shell suffer heavy losses due to stock losses and negative refining margin (spread)
coming next week ,investor may play oil and gas stock , contruction already rally up 2 week ,rotate play ,BUY in signal already appear , if Hengyuan sucessfully break out 7.30 , it will go further 9.50
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....
Notconfused
1,523 posts
Posted by Notconfused > 2018-07-18 11:17 | Report Abuse
KYY too busy studying tahi lah