Posted by apple168 > 2022-04-25 16:50 |

Post removed.Why?

Posted by probability > 2022-04-25 17:22 | Report Abuse

sifu Pang72...lets play Q&A game...

can you guess what will be the PAT of Hengyuan if the crack spread is maintained about 12 USD/brl? :)

Posted by probability > 2022-04-25 18:06 | Report Abuse

https://pulsenews.co.kr/view.php?sc=30800028&year=2022&no=347756

South Korea refiners will likely report strong results in the first quarter while display and battery makers could be disappointing due to slowed demand coupled with spike in raw materials prices.

According to the consensus of seven analysts compiled by Yonhap Infomax, SK Innovation is expected to have raked an operating profit of 1.3 trillion won ($1 billion) for the first quarter, reversing from previous quarter’s loss and doubled from a year earlier. S-Oil is expected to report record-high operating profit of 1.2 trillion won, up 94.9 percent from a year earlier. Its best record so far is 704.1 billion won earned in the second quarter 2008.

“Oil refiners’ profitability has improved sharply as inventory value rose on surging global oil prices while refining margin also jumped, said Cho Hyun-ryeol,” Samsung Securities analyst. “Strengthening in refining margin will likely continue as jet fuel demand is also projected to pick up from the second half,” Cho projected.

Refining margin, the difference between the price of raw materials (crude oil) and price of petroleum products, and which is considered refiner’s key indicator of profitability, has hit a 22-year high recently. Korean refiners see $4 to $5 per barrel a break-even point. The benchmark Singapore gross refining margin (GRM) reached $18.2 per barrel, the highest since recording tracking began in 2000, in the third week of April, after adding $0.8 in a week. Singapore GRM had $6 averaged early this year but rose rapidly to $13.9 per barrel in late March as Western countries sought cutting off Russian oil while global demand for petroleum products continued recovery.

The oil price spike has also helped refiners’ inventory value surge, which is translated as higher profits.

Posted by gemfinder > 2022-04-25 20:41 |

Post removed.Why?

Posted by probability > 2022-04-25 22:37 | Report Abuse

sifu pang72 so silent....

Tips: check page 37 of Hengyuan's annual report (refining margin FIFO)

It will also show what is was like in 2017 (the Hurricane Harvey year)

Posted by ryan7642 > 2022-04-26 08:39 | Report Abuse

any idea on petrochina hk baby in msia?can try?read the news is super profit for dec'21 report..so will it superp for this coming May'22 report?happy investing^^

Posted by cactus81 > 2022-04-26 13:31 | Report Abuse

Any free gift for attending HY AGM?

Posted by apple168 > 2022-04-26 13:34 | Report Abuse

Pang72, maybe hv sold HengYuan already…

Posted by apple168 > 2022-04-26 13:34 |

Post removed.Why?

Posted by cactus81 > 2022-04-26 14:15 | Report Abuse

傻不傻没人知道。crack spread 又创新高。或许傻人有傻福。一齐去AGM.

Posted by cactus81 > 2022-04-26 14:16 | Report Abuse

Crack spread USD 18.016

Posted by kl_guy > 2022-04-26 15:31 | Report Abuse

rm5.00 very soon .

Posted by probability > 2022-04-26 17:23 | Report Abuse

https://klse.i3investor.com/web/staticfile/view/457915

Posted by probability > 2022-04-26 17:24 | Report Abuse

Check Page 41 on the Annual Report just released

Posted by Johnzhang > 2022-04-26 17:32 | Report Abuse

Crack spread May has reached historic high !

Posted by probability > 2022-04-26 17:35 | Report Abuse

@Johnzhang, market have not realized crack spread for Diesel yet....wait till it realize

Posted by undercutter > 2022-04-26 17:46 | Report Abuse

Gg, hoot 9 e tmr morning

Posted by tehka > 2022-04-26 18:18 | Report Abuse

Probability very good sifu. Good info

Posted by gemfinder > 2022-04-26 22:26 | Report Abuse

Sold all. Thx

Posted by apple168 > 2022-04-27 05:53 | Report Abuse

We will start taking profits today. Selling 50% first at 4.70-4.80.

Posted by Cakes Moon > 2022-04-27 09:42 | Report Abuse

Relunctant to fall. Something good is happening.

Posted by Johnzhang > 2022-04-27 09:48 | Report Abuse

With crack spread at historic , I think you won’t go wrong to hold oil refiners like Hengyuan and petronM for the next 6 months. Crack spreads indicate the refinery’s profit margin.

Posted by jackfruit > 2022-04-27 09:49 | Report Abuse

5.00 coming.

Posted by kl_guy > 2022-04-27 10:01 | Report Abuse

wahooo...rm5.00

Posted by 888STOCK888 > 2022-04-27 10:03 | Report Abuse

20.00 coming

Posted by 888STOCK888 > 2022-04-27 10:05 | Report Abuse

Pretty..... Oil price above $100 over the month of April....

Hengyuan share price hits $18 back in 2017/2018 when oil price was $60++
Now oil price is constantly trading above $100.... =D

Posted by kl_guy > 2022-04-27 10:07 | Report Abuse

look at the chart https://www.klsescreener.com/v2/charting/chart/4324
very bullish , next level rm4.85 then rm5.00 .

Posted by apple168 > 2022-04-27 10:17 | Report Abuse

Sold 50%, queue sell remaining 50% at 4.80.

Posted by 888STOCK888 > 2022-04-27 10:20 | Report Abuse

Sell 4.80 n buy at 5.50?

Posted by Investing_Bursa > 2022-04-27 10:45 | Report Abuse

Hahaha apple full of shit . Let her be . Syok sendiri only

Posted by Datokim > 2022-04-27 10:57 | Report Abuse

Collecting 200k

Posted by Datokim > 2022-04-27 10:58 | Report Abuse

Today after 4pm rocketing to moon !

Posted by Datokim > 2022-04-27 11:04 | Report Abuse

Will collect more 472-473 !!
To invest 1 million AU's $

Posted by apple168 > 2022-04-27 11:30 | Report Abuse

Better lock profits as Raya coming! Haha…

Posted by Silemak > 2022-04-27 11:33 | Report Abuse

Only 400k shares done!! And yet everyone claim to sell and buy big volume.

Posted by Macrullen > 2022-04-27 11:59 | Report Abuse

Ini Apple sell then syok sendiri la, don’t shout here. Later drop said luckily I have sold mine earlier, later when spike again said luckily I have buy back.

Posted by apple168 > 2022-04-27 12:11 | Report Abuse

量缩！各路英雄跑路咯！

Posted by apple168 > 2022-04-27 12:11 |

Post removed.Why?

Posted by apple168 > 2022-04-27 12:17 | Report Abuse

非常时段，非常手法。快进快出，赚钱乐开怀！

Posted by gemfinder > 2022-04-27 12:18 |

Post removed.Why?

Posted by apple168 > 2022-04-27 12:20 | Report Abuse

笑您看不懂！

Posted by Cakes Moon > 2022-04-27 12:22 | Report Abuse

RM20 is coming.

Posted by Eric Lim > 2022-04-27 12:23 | Report Abuse

TP 50

Posted by param1 > 2022-04-27 12:24 | Report Abuse

3.80 tak ada olang beli sekarang hot semua rebut

Posted by apple168 > 2022-04-27 12:30 | Report Abuse

天天发梦想发财，不懂捞低，可悲可怜！

Posted by apple168 > 2022-04-27 12:55 | Report Abuse

As I said never buy any stock in anticipation of future profit.— KYY

Posted by profit profits > 2022-04-27 13:19 | Report Abuse

banana so hard working to save people money , croc tears ?

Posted by JayC88 > 2022-04-27 13:27 | Report Abuse

https://www.reuters.com/business/energy/valero-kicks-off-us-refiners-first-quarter-earnings-with-profit-2022-04-26/

Posted by Johnzhang > 2022-04-27 13:35 | Report Abuse

Refining margin for Asian refiners is also jump about 100% for 4 months average of 2022 compared to the average in 2021. Good chance that FY2022 earning for Hengyuan and PetronM may even surpass the record achieved in 2017 .

Posted by apple168 > 2022-04-27 13:40 | Report Abuse

Please buy from us, 4.80! We wan to run tickets… thanks…