Nato and Ukraine already said War wont end soon !! Today s Star article bullish on Refineries due to China shutdown. KYY quietly bought HYuan without writing at i3, and then wrote that should have sold. Now asking people to cut loss, possibly for him to average down. Why should investors sell when price is already so low ? Fundamentals will prevail at the end. SsLee wrote that HY do hedging on Crude and Refined Oil to minimize fluctuations in prices and thus, the Derivative loss in Q1 will be lesser in Q2. Hope is impt as it is what kept prisoners alive during WW2 amid hardships in POW camps!! Still believe HY is undervalued as Crack Spread is still above USD 20.!! Cost of production is only USD 2/!!
The stock started with low liquidity months ago and being identified much earlier before sentiment set the rally. The marking of low liquidity stocks with some good fundamental in line with the still low share pricing tactic. The accumulating and harvesting process and pump and dump simple strategy. Once sufficient accumulation is completed being the early birds, the pumping of one sided positive news like never before will take place to encourage more supporters laying the foundation and disregard any potential setback. Small accumulation continues when the price begin to attract attention and volume surging. That's how it works in normal circumstances. The few are doing this or else why bother to come public room for attention. Your loss is their gain and no noble award here. Now let's focus on the return 8-15%. Cash out if the technical rebound is happening.
I think, I said for HY gross profit is sell volume X realised crack spread.
As of the NPAT your guess is as good as mine but my bet is on the record never see before high crack spread/refining margin and I speculate the high crack spread should last very long unlike the 2017/2018 when the fuel shortage is because of plants shutdown for maintenance in Asean and Hurricane Harvey forced refinery shut down in Amerika.
So remember to come back end Aug to see the crack spread 3.0 fireworks show
By end Aug everyone will know the crack spread record for month April, May, June, July and Auguest and with HY q2 result out everyone can then calculate what will be HY q3 result.
Sslee By end Aug everyone will know the crack spread record for month April, May, June, July and Auguest and with HY q2 result out everyone can then calculate what will be HY q3 result. 1 minute ago
betting commodities related counters like Hy and Petron one must note that it will be very volatile. If crack spread in Aug 2022 remains around USD 20, you wound not get them at current price in Aug. If crack spread in Aug 2022 is below USD 5, then you may get HY below current price.
Thats right and thats how you do it. Nearing 5 and cash out all. Don't look back for now until the consolidation take place. Nothing is matter than make profits and your gain is someone loss. Especially some crooks here and big boys. The plunge caught everyone off guard.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
klee
3,174 posts
Posted by klee > 2022-06-21 11:56 | Report Abuse
well done jerichomy