From 1.5 sen to high 50 sen + If price never go down CIMB will lost their pants down So they have to press down as low as possible to reduce loses until 30.5.22
Medium term? Dont be naive. Medium term it will go back to hibernate sideways 3.70 - 4.00 for 1 - 2 yrs up 10 cents, down 10 cents, until you get bored with it and dump it with 40% loss.
Medium term? Dont be naive. Medium term it will go back to hibernate sideways 3.70 - 4.00 for 1 - 2 yrs up 10 cents, down 10 cents, until you get bored with it and dump it with 40% loss.
26 May 22 31 Dec 22 Q1 Mar 22 3,800,335 143,753 106,377 39.40 0.00 7.685 Malaysia Stock - KLSE Quarter Report History 76% Malaysia Stock - KLSE Quarter Report History 3%
One should realize all his comments since 2020 when he missed out on Supermax, TG, harta etc he could only buy HLT. From this you know he doesn't have $$$. He has to rain on other people's parade. he is nothing but a low life Dimitri_Ivanov
Check his comments these few days and you will know how manipulative he is. Instead of thanking him, you should be careful of this person.
Mind you most of the Q1 crack spread was about between USD 13 to USD 15 average. The average for April to May YTD is hovering currently 23 to 25 USD ValueInvestor888
Tomorrow HYuan results probably out. With Inventory gain, high Gross Refinery Margin, hope net profit can touch 300 mil, if not more or Eps of RM1. For Q2, crack spread is higher at USD 30, thus profit will be much higher !!
Even if Q1 2022 isn't as high looking at how the crack spread for April and May Q2 2022 confirm explosive.
investor77
Tomorrow HYuan results probably out. With Inventory gain, high Gross Refinery Margin, hope net profit can touch 300 mil, if not more or Eps of RM1. For Q2, crack spread is higher at USD 30, thus profit will be much higher !!
I'm looking forward for the earning tomorrow. Indeed abit weird with the price valuation between PetronM and Hengyuan regardless their market cap is similar. Indeed, the PAT would be at least 300MIl and expecting the price around RM27 at least. In fact, for the PetronM the fair price is the same as the market value!
Anyway, as long the crack spread is remain high and just keep it! Bursa is abit funny, earning high yet the price doesnt move but rise with speculation and rumuors. Sometime, investing isn't comprehend with hard knowledge rule but more to Take Profit as long hit your target!
Cheers guys! Try not to open the trading today yet the price is remain stagnant!
With Petron reported a decent PAT for Q1 2022, we can expect a very good set of numbers from Hengyuan tomorrow. Hopefully we will see green , very green for hengyuan tomorrow.
Hengyuan is a complex refiner which produces 35% diesel + 40% gasoline with almost 0% fuel oil (with the rest Jet Fuel & LPG)
PetronM is a simple refiner which produces almost 10% Fuel Oil..
Crack Spread of Fuel Oil is NEGATIVE.
This is a critical difference between Hengyuan & PetronM majority do not know and will always fail to know (on top of the real refining throughput of these refiners).
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....
BoomBerg
812 posts
Posted by BoomBerg > 2022-05-26 16:35 | Report Abuse
Tomorrow c22 suspend issue by CIMB 150 M shares