If a company's profit so easy for u to predict. Wat is the use of an acountant? Then all those call sifu oredi richer than waren. No need to write story here.
I conduct my training course. Many of my students are qualified accountants, doctors, lawyers and company directors. I told them I feel very shy to teach them. They still respect me as their teachers.
Thanks OTB for the clarification and totally appreciate it very much!
Well, Brian, it's not about you are holding CFA, FRM or an accountant. This is what we call doing research before buying something. I have no idea what up between both of you but i appreciate every details from this forum.
Well, as for this stock, crack spread is very important. As investor in refining stock, if you don't know crack spread means then you are out of game. It's no longer a crude oil game but knowing the margin of crack spread. Sometime, crude oil maybe pricy but if the demand in gasoline and fuel oil isn't there the margin will not good at all. That's why we need to know the collateral of 3:2:1 calculation.
On the other hand, now is the best time of all as we are shortage of refined gas so it's a good thing. Next, due to the Ukraine and Russian tension everything is favorable to this stock. Take a look on XLE etf soaring high as if no next day! Plus, soon there gonna be hurricane and another shortage coming by.
Ultimately, it is the most important yardsticks through which refinery companies are evaluated. Let's have more knowledge spread among our community. I'm sure you do a simple EPS calculation and check the fair value every quater to ensure you don't fall back or get losses from your investment.
Cheers guy! Really looking forward for another one more run at least!
Posted by blackgold77 > 44 minutes ago | Report Abuse
Monday the final day for vwap settlement C22, looking forward to add if red ----------------------------------------------- you sure Monday is final day for c22 ?
If q2 explosive result and propel Hengyuan to RM14.30 by Sept then each C25 should worth (14.30- 4.30)/4 = RM 2.50 And C24 should worth (14.30 -4.15)/10 =RM 1.015.
After glove saga n sad endings for many so called long term value investors during 2021/2022, i doubt Heng Yuan 2.0 will be that sexy like Heng Yuan 1.0
CharlesT, Not even china can build an oil refinery in 6 months time like how china build a glove factory in 6 months time that produce billions of glove.
precisely the two wrong judgement (prejudice) of market now where if you could somehow see through, you have an edge that will potentially give multi bagger return
we can see the difference between US investors market perception of refinery stocks (from valero share price) and local market who had unique experience of gloves euphoria
Posted by CharlesT > May 29, 2022 10:00 AM | Report Abuse
After glove saga n sad endings for many so called long term value investors during 2021/2022, i doubt Heng Yuan 2.0 will be that sexy like Heng Yuan 1.0
sslee has changed his profile to that of 'tou san',btw to your ques,my thinking is there is more upside potential to hrc in the next couple of months,esp now that usa refineries are breaking new highs,n usa inflation may have peaked n mkt have a pretty good reversal last couple of days
I dont know why people are comparing refineries and gloves manufacturing facilities…haha…lots of differences from the commisioning to processes involved..its fine, only time will tell i guess..
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Posted by brian3381 > 2022-05-28 22:01 | Report Abuse
If a company's profit so easy for u to predict. Wat is the use of an acountant? Then all those call sifu oredi richer than waren. No need to write story here.