Posted by papazola1920 > 2022-05-13 15:12 | Report Abuse

Jam 4 kasi enjin panas

Posted by apple168 > 2022-05-13 15:28 | Report Abuse

Short9e! Set perimeter and bring HY down! Down! Down! Teach those greedy one a lesson to learn!

Posted by apple168 > 2022-05-13 15:29 | Report Abuse

Ringgit is dirt cheap! We can lose money to teach the greedy one lesson in life!

Posted by hengpetron > 2022-05-13 15:33 | Report Abuse

apple168 you should buy luna.
its dirt cheap. Just grab a bag of luna at 0.00000112
Dont waste your time

Posted by hengpetron > 2022-05-13 15:35 | Report Abuse

As soon luna up to 0.10 i already multimillionaire

Posted by hengpetron > 2022-05-13 15:37 | Report Abuse

Why earn little money short hy?
I can guide you.Apple

Posted by papazola1920 > 2022-05-13 15:44 | Report Abuse

Faster2...tight your seltbelt!

Posted by ValueInvestor888 > 2022-05-13 15:46 | Report Abuse

This month has 2 cws expiry, otherwise hengyuan will fly much faster?
Contra players be careful of volatility...

Posted by duitkopi > 2022-05-13 15:52 | Report Abuse

aiyo pls dont taunt her anymore leh, we diam diam earn money ok ma

Posted by apple168 > 2022-05-13 16:12 | Report Abuse

逃命波！

Posted by 888STOCK888 > 2022-05-13 16:25 | Report Abuse

Lai lai lai~~~ let's hoot to 7.88 then 8.88 and 9.88!!! =D

Posted by nono_hardi > 2022-05-13 16:26 | Report Abuse

sneaky

Posted by subwayzzz > 2022-05-13 16:44 | Report Abuse

last minute fireworks?

Posted by Investing_Bursa > 2022-05-13 16:48 | Report Abuse

Apple ! My beloved apple ! We love u

Posted by subwayzzz > 2022-05-13 16:50 | Report Abuse

mai gaw wuey la

Posted by param1 > 2022-05-13 16:51 | Report Abuse

apple turned out to be a chiku ---just out to con newbies when market down chiku starts shouting short .
small at heart big with ego pffttt

Posted by papazola1920 > 2022-05-13 16:51 | Report Abuse

Nice sipi2 rm7...good job team!

Posted by subwayzzz > 2022-05-13 16:53 | Report Abuse

no big kaki will be here showing what they are going to do. only we retail traders want to express our excitement and disappointment. it's a good forum hihihi

Posted by blackgold77 > 2022-05-13 16:59 | Report Abuse

don't kacau apple... let apple transform from red apple to green apple

Posted by blackgold77 > 2022-05-13 17:04 | Report Abuse

one CW expires today, another expires end of this month... in June the price will cucuk atap!

Posted by param1 > 2022-05-13 18:11 | Report Abuse

Probs WAR is the biggest consumer of oil among other things

Posted by valueguru > 2022-05-13 19:00 | Report Abuse

Hi all, today asia gasoline crack crossed the USD30 mark @USD30.96. The futures price should come close.

Posted by papazola1920 > 2022-05-13 19:41 | Report Abuse

Next week gap up!

Posted by Ravi1969 > 2022-05-13 19:53 | Report Abuse

Apple you know how to short stock or not?????

Posted by Silemak > 2022-05-13 20:20 | Report Abuse

He knows how to syiok .

Posted by probability > 2022-05-13 20:56 | Report Abuse

No matter what Saudi Arabia do to increase oil output...they can only make crude oil price come down, but refining margin will keep going higher......
people will be desperately buying as long as there are refiners willing to sell their refined products.....crude oil not refined is useless

Posted by probability > 2022-05-13 21:11 | Report Abuse

6 months payback period, any regional refiners (asean) will be willing to take over just to satisfy local demand..

Even our old friend SHELL retail in Malaysia will be willing to buy back the refinery at triple the market cap now..easily

These western companies (shell) better give up their ESG stand.


Posted by probability > May 13, 2022 8:49 PM | Report Abuse X

US refiners will take over HRC company lor...LOL! HRC limit up lor...

Posted by blackgold77 > 2022-05-13 21:17 | Report Abuse

apple read this news apple so happy... apple say luckily not yet short... the 19 x 8000 lots still hold until RM18 only short, apple say

Posted by onlyinvestment > 2022-05-13 22:38 | Report Abuse

Wow a lot people hear like make big money, I just make some money because I buy higher price at last year at RM 5.90.Lucky that time I put in freezer, now can take out defrost and BBQ....

Posted by Sslee > 2022-05-13 23:15 | Report Abuse

SINGAPORE (May 11): A 300,000 barrel-per-day refinery-petrochemical complex in Malaysia run as a joint venture between Petronas and Saudi Aramco has restarted after a more than two-year closure, a source with knowledge of the matter said.

The complex in Pengerang, Johor, is resuming operations at a time when refining margins in Asia are at record levels, buoyed by a fuel demand recovery as more economies across Asia, except for China, ease Covid-19 restrictions.

Low inventories of oil products globally and a drop in fuel exports from Russia following the Ukraine crisis are also underpinning prices.

The joint venture, Pengerang Refining and Petrochemical (PRefChem), did not respond to a request for comment.

PRefChem was shut in March 2020 following a deadly fire. Its resumption has been delayed from last year for the entire plant to undergo detailed checks, at a time when fuel demand and refining margins were still being hit by Covid-19 lockdowns.

The refinery, which restarted last week, is processing existing crude from storage tanks, which will then be followed by supplies from Saudi Aramco, two more sources said.

It is expected to take some time before operations can return to full rates, the sources said.

Posted by subwayzzz > 2022-05-13 23:23 | Report Abuse

Ini kalila!

Posted by VTrade > 2022-05-14 01:28 | Report Abuse

Rm7 seem stable

Posted by papazola1920 > 2022-05-14 01:41 | Report Abuse

Oil naik lagi wehh

Posted by apple168 > 2022-05-14 06:25 | Report Abuse

Continue to short HY next week! Watch out!

Posted by David Gunter > 2022-05-14 07:37 | Report Abuse

Short but it goes up eh. Guess no brainer

Posted by okdoke > 2022-05-14 08:03 | Report Abuse

those shorts would incur loss if the share price keep increasing. You don't have to have an university degree to understand profitable shorting only when share price dives

Posted by blackgold77 > 2022-05-14 09:01 | Report Abuse

apple buy 1000 lots, short 1 lot. u all dunno?

Posted by blackgold77 > 2022-05-14 09:01 | Report Abuse

crack spread 29.5, new high again

Posted by Peteryy > 2022-05-14 09:15 | Report Abuse

using RM950 to buy HY, now on paper have RM220 profit.. can hold more i think

Posted by Ravi Kumar > 2022-05-14 09:17 | Report Abuse

Syiok sendiri or short? Or he is short under 4 feet?
blackgold77

apple buy 1000 lots, short 1 lot. u all dunno?

14 minutes ago

Posted by blackgold77 > 2022-05-14 10:34 | Report Abuse

NYSE:MRO has gone up from USD4 in 2020 to now USD27!
Can follow same? haha

Posted by probability > 2022-05-14 10:44 | Report Abuse

It should gap up above RM7.33..with this kinda crack, if market really realize it should rise more than RM 1 the first trading day

the rise in crack spread we are seeing daily itself - used to be the average net refining margin per barrel in a year

Just 1 USD/brl refining margin translates to EPS of 11.5 per qtr. Thats 46 cents per annum. At PE 10 already RM 4.60

HRC price only rose from RM 5 to RM 7 now, merely RM 2 while crack spread rose from 15 to 29 now (about 14 USD/brl)...


again,

we only need $ 13/brl margin near term for TP RM 24 with PE 5 or $ 11/brl super long term margin with TP RM 40 at PE 10


Posted by pang72 > May 14, 2022 10:08 AM | Report Abuse

RECORD DAY FOR CRACK..
HRC WILL OVER 7.33 NEXT WEEK LIAO

Posted by blackgold77 > 2022-05-14 11:01 | Report Abuse

next week we hope apple will finally short...

Posted by probability > 2022-05-14 11:05 | Report Abuse

havent bring russian oil into the equation yet

just 16% of russian feed (as per annual report) at 30 USD/brl discount against brent

will be saving HRC 67m or net additional PAT of MYR 52m per qtr. That itself is like additional 17.4 cents pert qtr or 69 per annum, PE5 already RM 3.50

forget about all this refining margin rise, HRC share price rise havent even justify Russian crude oil savings which they had already been consuming....

who knows may be they can raise it more to 50% of their feed

Posted by probability > 2022-05-14 11:20 | Report Abuse

Difference between Urals and and Brent oil price from December 31, 2021 to May 5, 2022

https://www.statista.com/statistics/1298092/urals-brent-price-difference-daily/

Posted by probability > 2022-05-14 11:25 | Report Abuse

sorry, wrong calculation on russian oil savings above, the savings calculated was per month, for a quarter you need to multiply above savings by 3

Posted by probability > 2022-05-14 11:45 | Report Abuse

the above will have profound implication to Hengyuan's earnings, if only they manage to continue sourcing russian crude after the war..

i see its not that difficult considering its just a continuation of what they had already been doing in 2021

Posted by blackgold77 > 2022-05-14 11:55 | Report Abuse

apple read already tonight cannot sleep

Posted by aleroe > 2022-05-14 12:21 | Report Abuse

Crack spread looks to breach USD 30.0 — wow

Nice trending towards the QR earnings disclosed in 2 wees

Posted by Kukubai > 2022-05-14 15:31 | Report Abuse

Good news! Very good news! China boss told me that next Tuesday Hengyuan will close above 7.50 and will challenge 8.00 the next day!!!