If crude price come down, it will be good for refinery. Their cost will be lower. Refinery spread or margin will be better as the demand for end product will increase with more countries opening up.
MoneyMakets... hedged? More like left pocket and right pocket. Depending which pocket they want to fill more. The pocket in Malaysia or the pocket in China. Hahaha.
If anyone followed through 4.90 and 5 above. Well you are paying the price now. We are cashing out and you become the brick layers. Still can recall who pumped the ridiculously unfounded factual during the peak of technical rebound ? Bunch of amateurs in this room. Your paper loss is my realized gain.
This is a cornered stock controlled by unscrupulous syndicates. Stay away from Hengyuan is the best solution. If you are not greedy to make obscene gains, there are alternative high quality stocks around this price elsewhere. Do not allow storytellers with fairy tales to fleece you out of your hard earned money here. I can admit I am not losing any hard earned money here because I bought during March till May 2020 period. Sold off most of it already, balance is pure profits. I can wait to see what market manipulators want to do. But I just want to caution innocent uncles and aunties who get slaughtered all the time by market manipulators.
You cannot say unscrupulous if you dont understand how the stock market and trading take place. It's all about demand and supply. That is simple investment fundamental. The same big boys have given you the same opportunity to earn the 8-15% return and even more and with all the strong indicators around.
Yup, it will drop to US70 if the green energy can be replaced traditional energy completely. But currently it's unlikely to drop to US 70 since Russian natural gas are still sanctioned by US & Europe
Walk away from people who put you down. Walk away from fight you will never able to resolve. Walk away from trying to please people who will never see you worth. The more you walk away from things that poison your soul, the happier you will be. No worth your time to entertain them.
low trading volumes! obviously, selling price is controlled by certain parties! has d current price bottomed or will go lower? profit margin for crack spread still high although has dropped slightly!
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....
StingRay
6,868 posts
Posted by StingRay > 2022-07-03 14:51 | Report Abuse
If crude price come down, it will be good for refinery. Their cost will be lower. Refinery spread or margin will be better as the demand for end product will increase with more countries opening up.