High oil price and high crask spread is stay for long term(Reuters) - Warren Buffett's Berkshire Hathaway (NYSE:BRKa) Inc bought another 9.6 million shares of Occidental Petroleum Corp (NYSE:OXY), boosting its stake to 16.3% as the oil company's shares come off the year's high.
“‘Facts’ are all the things that exist objectively,‘truth’ means their internal relations, that is, the laws governing them, and ‘to seek’ means to study.”
To seek truth from facts, we must acquire a deep understanding of a matter as it is, see through the surface into the heart of the matter, and discover the intricate link between matters amidst fragmented phenomena.
We should follow objective laws on the basis that we recognize the existence of a matter and its development laws. Upholding the principle of seeking truth from facts is not done once and for all. You may succeed by following the principle at a certain place and at a certain time, but that does not mean that you may succeed again by following the principle at another place and at another time. The conclusion or experience drawn at a certain place and at a certain time does not necessarily apply at another place and at another time. We should conscientiously strengthen our conviction in seeking truth from facts and enhance our ability to apply it. We should always bear it in mind and implement it in our work.
Consolidating sign as expected. Less than 1M volume new low and Bursa recorded the lowest by far 1.5B. Any big incremental out of no where warrants sell off. The 1RM trading range. Bearish market means dog eats human world.
By end May, HY secured RM 2 eps, by end of Aug at this rate it will secure another RM 3.60
With RM 5.60 additional cash to its balance sheet, HY will be making recurring earnings even without refining... by just putting it in FD with higher interest rate environment now.
Lets see how long market can ignore these cash accumulation at the rate of RM 1.20 per month now...
do not underestimated the volume of Hedging loss. who know their swap contract is in 6 months terms or what? EPS 2.00 for second quarter is mush realistic.
just want to know what do you mean 6 months terms?
Posted by abc333 > Jun 23, 2022 5:14 PM | Report Abuse
do not underestimated the volume of Hedging loss. who know their swap contract is in 6 months terms or what? EPS 2.00 for second quarter is mush realistic.
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....
probability
14,463 posts
Posted by probability > 2022-06-23 12:09 |
Post removed.Why?