Mr. President with respect please allow me to correct your misunderstanding.
You had misquoted me on MrDIY forum what I actually mean is Mr Brahmal of Creadol Fund already cash out some of the MrDIY shares during IPO and will surely cash out more when the moratorium expired. Mr. Brahmal already a billionaire.
For HRC previously the CEO and CFO resigned. And many of the HRC managers managed to make million during HRC previously run up.
Wow, all so busy in Hengyuan forum even though it's weekend, please write some comments in Petronm forum to make it happening, hope everyone will be patient during the correction period for both counters, hot market coming soon, don't miss the boat to become millionaires/ billionaire soon!
Upon listing and the exercise of ESOS options, Creador’s equity interest will be reduced to 15.2%.
The majority shareholder of Mr DIY is Bee Family Ltd, which is co-owned by Mr DIY founder Tan Yu Yeh. Bee Family owns 54.3% in the company currently, which will be reduced to 50.8% after listing and the exercise of ESOS options.
market is ahead of fundamental, some gloves rallied 1000% even before the real profit reported, so it will drop before the real decline is happen
once vaccination reach 60% of population, covid case will reduce >50% and gloves demand will reduce, supply bcome excess, asp lower, higher raw mat and less margin
refinery profit will be at peak at the middle uptrend price and when US the most weaker than RM
The demand recovery in 2021 is based on a global GDP growth of 5%, with oil prices expected to range between $41-51/b, according to Platts Analytics.
But vaccine deployment will be a critical variable, affecting oil demand positively if developed and applied quicker than expected, the note said.
The vaccination campaign will begin in H1 2020, with a widespread rollout only expected in the second half of 2021.
Chinese oil demand will only grow 500,000 b/d or 3% next year, as the world's largest oil importer reported a steady demand increase in the second half of the year.
US oil demand is forecast to grow by 1.7 million b/d next year, with Europe expected to rise by 1.1 million b/d, Platts Analytics added.
Gasoline demand will rebound the strongest next year followed by jet fuel and then by gasoil/diesel.
"Global gasoline demand will recover by 2.4 million b/d or 10% and gasoil/diesel demand to rise by 1.3 million b/d or 5%," the note added.
Jet fuel has been the biggest casualty of the coronavirus pandemic as aircraft fleets have been grounded and borders closed.
Jet fuel normally accounts for 8% of total oil demand, but in 2020, this has more than halved.
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OIL 24 Nov 2020 Uneven recovery will see oil demand grow by 6.3 mil b/d in 2021: Platts Analytics
There is no doubt current price is lowest. Rm12 above is not dream. This counter for those holding power allow. Lucky I bought a lot @ Rm2.8 & Rm3. Wait for more profit guys...
The photos of congested traffic all the way to genting has been spreading. If you missed Genting, don't miss Hengyuan. Oil demand is going to recover to precovid time.
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....
Bullrunrun
971 posts
Posted by Bullrunrun > 2020-12-12 16:39 | Report Abuse
Petrol at retail up 3 cents
Q4 results EPS 50 cents
Target Price RM 12