Posted by EngineeringProfit > 2020-12-14 09:00 | Report Abuse

.....................and beyond 35.88

Posted by staedy > 2020-12-14 09:17 | Report Abuse

@pang72 thought you are a smart guy can't believe what you said about margin call , real disappointment.

Posted by Sslee > 2020-12-14 11:08 | Report Abuse

The POA with shell for a period of 10 years, commencing from 22 Dec 2016 will safeguard sell till 22 Dec 2026.
After this period can HRC survive when refining capacity excess demand?

Posted by Sslee > 2020-12-14 11:13 | Report Abuse

Spanning 6,239 acres, the PIC site lies approximately 400km south of Kuala Lumpur. The location enables the easy transport of finished products to the market. The complex covers an area of 2,000ha and includes a crude oil refinery and petrochemical complex capable of processing 300,000 barrels per day (bpd). The two projects will collectively produce 7.7 million tonnes per annum (Mtpa) of differentiated and speciality chemicals, such as synthetic rubbers and high-grade polymers.

The RAPID Pengerang project refinery is designed to produce gasoline and diesel that meet Euro 4 and Euro 5 fuel specifications. It also supplies feedstock for the petrochemical complex, which creates highly specialised chemicals. The refinery uses modern technologies to develop these products and follows stringent environmental regulations.

Posted by BursaTornado > 2020-12-14 11:29 | Report Abuse

What a reunion.
Where is uncle dragon?

Posted by probability > 2020-12-14 12:02 | Report Abuse

its coming...

Posted by LA777 > 2020-12-14 12:22 | Report Abuse

Buy buy buy, engine is going to start soon!!!

Posted by pang72 > 2020-12-14 12:50 | Report Abuse

... After reading Sslee negative articles and probability comments, I decided to Cut Win and leave Hengyuan...

100% gain is enough for me in this moment...

Uncle Lim kt asks me to gamble in Genting to gain more profit.....

So, thank you all Sifus support on hengyuan... Bye bye!

Posted by hsyanbird > 2020-12-14 13:51 | Report Abuse

Shark coming, will go RM7. Be ready your seat belt.

Posted by wenlijianqinyun79 > 2020-12-14 14:00 | Report Abuse

I also leaved Hengyuan on last week .

Posted by kakashi > 2020-12-14 14:01 | Report Abuse

What did I say.
STAY INVESTED N REMEMBER MY NAME
KAKASHI

Posted by kakashi > 2020-12-14 14:01 | Report Abuse

Small baby shark at rm7 la... if break through that ceiling.. it will propel to rm10 12

Posted by kakashi > 2020-12-14 14:03 | Report Abuse

Pang72 left?? Hahaha... he or she said rm19 wor....
Hehe.. bye bye pang

Posted by kakashi > 2020-12-14 14:04 | Report Abuse

Just ride with the momentum.. glove counters also very logical. Brent oil illogical. So what's logical now? Profit is the only logical theory. Future profit.

Posted by kakashi > 2020-12-14 14:04 | Report Abuse

U like it or not brent is already 50. Whether u want write essay why it cannot be 50... the fact is its at 50. N it will improve hengyuan earnings. That's the logic now

Posted by kakashi > 2020-12-14 14:05 | Report Abuse

N u like it or not... glove will continue to drop. U can write essay on vaccine need to use gloves. But it drops... so it's logical?

Posted by hsyanbird > 2020-12-14 14:09 | Report Abuse

yup.. oil is still uptrend. Watch the show will fly. Read pls...

https://www.worldoil.com/news/2020/12/11/oil-prices-find-new-strength-as-financial-markets-prep-for-a-2021-recovery

Posted by SuperPanda > 2020-12-14 14:22 | Report Abuse

haiyyaa.. ahpang left already.. have to make new friend now

wait until FDA approve on moderna vaccine on 17th dec, oil will break usd51

Posted by SuperPanda > 2020-12-14 14:23 | Report Abuse

i dont target high, rm8 for 3rd round good enough

Posted by investorbat > 2020-12-14 14:29 | Report Abuse

like it or not oil is uptrend,cracks going up,ringgit against dollar strengthen ,once break 7.33,second leg up to 9.60

Posted by weimun88 > 2020-12-14 14:33 | Report Abuse

Next catalyst E5 spec products to be supplied to Shell in Q121 which will maximise its profits.

Posted by hsyanbird > 2020-12-14 14:38 | Report Abuse

rm7 soon. seat belt. Shark pushing.

Posted by pang72 > 2020-12-14 14:54 | Report Abuse

Panda,
Need to take profit as learn from glove counter..

Earn less better than cut loss after margin call like in glove

Posted by Aiyodidi > 2020-12-14 14:55 | Report Abuse

roller coster stock cut win Rm6.90. Now can sleep tight

Posted by pang72 > 2020-12-14 14:56 | Report Abuse

All Sifus are kena margin call... In glove..

Selling like no tomorrow.....

Buy Genting which is not raising much to better protect my capital..

Anywhere Sslee put a good article for refinery recently.... Let me understand I am wrong wow!!

Posted by pang72 > 2020-12-14 14:57 | Report Abuse

Thank you Sslee Sifus to point out my error!!

I learn from mistake.. Cut Win liao!!

Posted by khatuilistiwa > 2020-12-14 14:58 | Report Abuse

pang is smart, khatu cut profit just now tonight eat kfc

Posted by Khairul1 > 2020-12-14 15:03 | Report Abuse

Thank pang72 u come back..

Posted by LA777 > 2020-12-14 15:29 | Report Abuse

Uptrend stock, more to come!

Posted by LA777 > 2020-12-14 15:29 | Report Abuse

Huat arrr!!!

Posted by LA777 > 2020-12-14 15:32 | Report Abuse

90% losers in the market and only 10% big winners, cheers!

Posted by weimun88 > 2020-12-14 15:50 | Report Abuse

Pang72 genting is dropping hope you didn't chase high.

Posted by investorbat > 2020-12-14 16:22 | Report Abuse

close above 6.73 is good,any closing above 6.70 is highest closing for the past 1 week.oil will retest 48,tomorrow gap up

Posted by pang72 > 2020-12-14 16:58 | Report Abuse

weimun88 Pang72 genting is dropping hope you didn't chase high.
14/12/2020 3:50 PM

Genting is going to glory day..

Must continue to chase high high high...

Posted by pang72 > 2020-12-14 17:00 | Report Abuse

After reading Sslee comments on refinery, I don't dare to chase hengyuan anymore... So I chase up Genting.. And chase down Genting!!

Posted by kakashi > 2020-12-14 17:32 | Report Abuse

Haha...pang72
Good luck

Posted by pang72 > 2020-12-14 17:34 | Report Abuse

Thanks Sslee articles for help else I will still blur blur at hengyuan...

Posted by pang72 > 2020-12-14 17:35 | Report Abuse

Luckily I run fast.. Really scare to see it later like top glove, supermx or harta...!!

Posted by SuperPanda > 2020-12-14 17:56 | Report Abuse

ok good for you, no wrong to cash out real money rather see it on screen

i have set stop limit to ensure my profit, but as long as the rally have momentum, i will hold

Posted by Abba84 > 2020-12-14 18:16 | Report Abuse

..brent,wti.up again ( 50++,47++)

Posted by weimun88 > 2020-12-14 18:33 | Report Abuse

Next week FDA approval on Moderna vaccines, Brent oil going to hit ATH

Posted by Sslee > 2020-12-14 18:42 | Report Abuse

PetronM is the better choice for the simple reason that petrol and diesel are control items and government fix the retail margin for every litre of petrol and diesel sold at the petrol stations.

Posted by maktw1964 > 2020-12-14 19:14 | Report Abuse

@ Super Panda, you have the foresight that's good to you. I saw a sudden volume surge in 1st half closing & high volume in early resuming 2nd half that change my mind not to dispose & keep holding, closing at 6.6 is a good sign, today is collection day after bull-run for consecutive 4 days but HY still staying green +0.04, HY is now in consolidated stage for the next sprinting, momentum is there as per your comment..

Posted by pang72 > 2020-12-14 19:25 | Report Abuse

Petronm and hengyuan are equally bad with reference to Sslee articles..

So both will drop together then!!

Profit is one off after realised from the article...

Posted by pang72 > 2020-12-14 19:26 | Report Abuse

Both companies have priced in!

Posted by pang72 > 2020-12-14 19:27 | Report Abuse

This is how investors should take profit and do t repeat the mistake in glove

Posted by khatuilistiwa > 2020-12-14 19:34 | Report Abuse

pang having what for dinner, winner winner chicken dinner

Posted by pang72 > 2020-12-14 19:48 | Report Abuse

I have finished my lobsters dinner... Can continue for two weeks till Christmas!!

Posted by pang72 > 2020-12-14 19:50 | Report Abuse

Sslee Haha Q4 profit cannot be better than Q3.
1. Average Brent crude per barrel: Q2 USD 29: Q3 USD 43 : Q4? The stock gain Q3 is USD 43-29= 14/b so what is Q4 stock gain?

2. Average Crack spread Q4 still below HRC breakeven of USD 3+/b
https://www.tradingview.com/symbols/NYMEX-D1N1%21/

3 As of hedge bet loss/gain who know?
09/12/2020 1:22 PM

SUDAH HABIS LIAO FOR PETRONM AND HENGYUAN!!

Posted by pang72 > 2020-12-14 19:51 | Report Abuse

Revisits all articles by Sslee....
You will sell both Petronm and hengyuan..
No more exciting...

Move to Genting!! Uncle Lim will make you huat there!