Good morning, At least I am trying to seek truth from facts not like others repeating the same dumbass
"Russia alrdy control 85% Donbas region @ wont take long b4 total victory (war end) + oil collapse By time nxt QR out (wont matter good/bad QR), oil alrdy collapse + HY alrdy rm3"
Scenario 1--- "Russia alrdy control 85% Donbas region @ wont take long b4 total victory (war end) + oil collapse By time nxt QR out (wont matter good/bad QR), oil alrdy collapse + HY alrdy rm3"
Scenario 2 " Russia is still struggling in Donbas region@ victory is no where insight + crude oil price is still at US$ 115 level. Q2 2022 HY PAT is at a record of RM600 Million, oil is no where near collapsing + HY is already over RM9.99"
Oil refiners are expected to enjoy good profit margins for many years to come.
The one fundamental factor that has shaped the existing industry landscape is the tight refining capacity worldwide due to the sanctions against Russia's oil production, which is likely to persist for many years.
The sanctions and supply challenges around Russia's refined products will persist even if the war is over tomorrow- most experts in the industry believe.
This scenario is a big boost to refiners as margins/crack spread rise.
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....
Sslee
5,604 posts
Posted by Sslee > 2022-06-25 09:35 | Report Abuse
Petronm Q2 2022 NPAT should be more than RM300+ million