All I do not know is the refined derivative losses which I cannot get this information from any reliable source. Based on probability's calculation on hedging, a loss of 200 million is very good. Cannot say much until we read the Q2 2022 result. Thank you.
There is a difference between a well govern company and an owner who has more interest in their own country than Malaysia. If you understand what I mean. If not, nevermind.
Low crude oil is good news to Hengyuan because the raw material price is cheap. Crack spread will affect the profit margin of Hengyuan, not the low crude price.
low price good for HY, high price good for HY, no movement good for HY, everything turn electric good for HY. conman always come out with all kinds of excuses
ok fact is you shared your so called facts and figures when the share price above 6. you said this is not buy call but you are actually giving hint to buy. fact is you are the 9ne who caused your blind followers lose money.
you are more like a promoter from the operator syndicate. they collected quietly at 3 when price shoot up to 6 you appear and start promoting HY fairytale
now because of you many has stuck at high price yet you still dare to tell them hold it is too late to sell! now is the right price to sell before you see the price tumble below rm2!
With decreasing ASP = palm oil n crude oil stocks r dropping fast in prices as the next QR PAT is certain to decrease.
Commodity stocks r just for short term play when its respective commodity is on bull run in prices, purely due to speculative premium. Then commodity stocks become value.stocks as its QR PAT will increase in a big way but last short term, 1 to 2 QR max. They r so difference compare to growth.stocks that could grow 4 to 8 QR.
NB: when we play commodity stocks next time, need to remember this line: The commodity market can be quite unforgiving when you go into a recession and supplies outstrip demand.
Catsimatidis, New York billionaire and refiners aid in the interview on Fox that there’s only one fix for the current inflationary spike—a big part of which is due to soaring energy costs.
“We have 100 years’ worth of oil,” he said. “Open up the spigots.”
“If we open up the spigots and flooded the market with oil, with crude oil, American crude oil, we bring the price of oil back” and “inflation goes away,” Catsimatidis said.
Comrades, the brave should in by now. Let's weather the storm and see where is this sinking ship heading. Remember to let go when you see the land. Abandon the captain when it hit rock and second layer of the fortress. 3.93. 3-8% or 4.50. It worth the investment. Good luck !
Please take note hengyuan have 1-month feedstock crude oil storage tank capacity and 1 week end product refined oil storage tank capacity.
Based on first in first out policy, if crude oil and refined oil tumbling, the huge storage capacity on both feedstock and end product need to mark to market price.
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....
OTB
11,250 posts
Posted by OTB > 2022-07-06 21:26 |
Post removed.Why?