Posted by anthonytkh > 2022-07-18 17:58 | Report Abuse

I don’t like “excitement”, Sting. Old jor. If you know more than me, all the very best lor

I just want everyone here to make money, s’all

Posted by StingRay > 2022-07-18 17:59 | Report Abuse

Hahaha... excitement make me feel young. Makes my brain tick. else would grow old even faster. Wakaka.

Posted by anthonytkh > 2022-07-18 18:06 | Report Abuse

Sting, excitement bcoz of stocks is not my recommendation. Can be dangerous unless, of coz, you spend a lot of time on it monitoring. Not my day job this stock investment/trading thing… really hope you’re doing really well at it!

Posted by tehka > 2022-07-18 18:28 | Report Abuse

Hi Anthony, pls can share your reasons why you will not buy HY? I think base on your experience you are more qualified than many here. Other than dividend which we know HY nvr give dividend

Posted by anthonytkh > 2022-07-18 19:08 | Report Abuse

Tehka, Hengyuan’s revenue keep growing every year. But look at their profits every year with the increasing revenue. See any profit increase in tandem with increased revenue? No. They have very bad leverage (liabilities absolutely trounce their equity), they got more than 800M in cash but check their bank borrowing changes. And then check their biggest challenge… they need better credit control… they owe creditors a lot

Be careful. Hengyuan isn’t healthy. Two of their shareholders that own 15-17M shares together (may have changed since) made their moves and will continue to do so. Refer to what I said above why these 2 shareholders trade their investments

Posted by tehka > 2022-07-18 19:12 | Report Abuse

Anthonytkh, thanks and very appreciated

Posted by anthonytkh > 2022-07-18 19:42 | Report Abuse

Always ALWAYS take note of substantial shareholders in any company and whether they are the “known funds” BUT yet they *choose to remain below 5%* holdings. That is a very clear signal about their intentions

Posted by StingRay > 2022-07-18 19:59 | Report Abuse

Anthony, good advise. As if you read my advise earlier to OTB's calculation. I have said it all too clear. If one truly love refining, Petron would be a better choice. Hahaha.

Posted by StingRay > 2022-07-18 19:59 | Report Abuse

As for the profit... all I can say is meh!. Wakaka.

Posted by supersinginvestor > 2022-07-18 20:00 | Report Abuse

Petronm the choice of true investors and leaders...
Petronm.
Say yes to petronm...

Posted by IshraaqNor > 2022-07-18 20:28 | Report Abuse

Seperti kenyataan saya sebelum ini, permintaan minyak masih tinggi. Terus memantau pergerakan harga saham ni

Posted by ty Y > 2022-07-18 20:30 | Report Abuse

Rm 19.2 coming! Huat ar Ooi sifu ~ we will follow u

Posted by VTrade > 2022-07-18 22:10 | Report Abuse

Trade and invest Caution. Itu saje.

https://www.thesun.co.uk/news/13163879/young-pictures-of-joe-biden-what-did-the-president-elect-look-like-growing-up/

Posted by StingRay > 2022-07-18 22:17 | Report Abuse

Trading window for this round sudah tutup Liao lah. tak dengar bunyi loceng meh? don't simply chase and later blame this blame that hir. Wakaka.

Posted by Zhuge_Liang > 2022-07-18 22:34 |

Post removed.Why?

Posted by Zhuge_Liang > 2022-07-18 22:35 | Report Abuse

Hope he will be punished for all his sins in I3.

Posted by StingRay > 2022-07-18 22:40 | Report Abuse

No refinery minyak mentah tak laku lah wei. lu punya bunga raya pun tak dapat jual itu minyak mentah. Wakaka.

Posted by Zhuge_Liang > 2022-07-18 22:40 |

Post removed.Why?

Posted by StingRay > 2022-07-18 22:45 | Report Abuse

Wakaka .. spoil your game plan kah? Tell me which statement is false. on one hand, you hope for oil to go up and on the other hand, you hope refinery all go bust. macam mana lah. Wakaka.

Posted by StingRay > 2022-07-18 22:46 | Report Abuse

Woi... I still have some leftover of bunga raya Hor. Wakaka.

Posted by Zhuge_Liang > 2022-07-18 22:51 |

Post removed.Why?

Posted by Zhuge_Liang > 2022-07-18 22:52 |

Post removed.Why?

Posted by Zhuge_Liang > 2022-07-18 22:57 |

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Posted by Zhuge_Liang > 2022-07-18 23:01 |

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Posted by Zhuge_Liang > 2022-07-18 23:02 |

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Posted by Zhuge_Liang > 2022-07-18 23:04 | Report Abuse

I will continue to repeat this news non-stop in Hengyuan forum.
A bad heart person will never win in the stock market.
A bad heart person will continue to lose in the stock market.

Posted by StingRay > 2022-07-18 23:10 | Report Abuse

No refinery you minyak mentah can laku or not? Wakaka.

Posted by StingRay > 2022-07-18 23:11 | Report Abuse

jangan ada oil spill. satu kali sudah cukup untuk chap lap Liao. Wakaka.

Posted by StingRay > 2022-07-18 23:14 | Report Abuse

Wakaka... talk as though know how oil business work. hahaha.

Posted by StingRay > 2022-07-18 23:14 | Report Abuse

Write and then delete. malu apa bosku. Wakaka.

Posted by MoneyMakers > 2022-07-18 23:16 | Report Abuse

Shut up StingRay..useless troll

Posted by MoneyMakers > 2022-07-18 23:16 | Report Abuse

Aiyoyo cannot compare Hibiscs & HY..both different biz model

Have 2 understand how oil market work:

Oil can stay usd100++ & same time crack spread can drop to usd10 (normal spread)

In such scenario, Hibiscs (profit based on oil price) fly & HY (profit based on crack spread) collapse lo

Posted by StingRay > 2022-07-18 23:16 | Report Abuse

No refinery your bunga raya crude oil can laku or not? Wakaka.

Posted by StingRay > 2022-07-18 23:18 | Report Abuse

one time oil spill can chap lap. refinery burnt down still can claim insurance. Wakaka.

Posted by StingRay > 2022-07-18 23:24 | Report Abuse

Choi Choi... I still got bunga raya lah. wait for me to sell first. Wakaka.

Posted by MoneyMakers > 2022-07-18 23:26 |

Post removed.Why?

Posted by MoneyMakers > 2022-07-18 23:28 | Report Abuse

Wide crack spread basically incentive 4 oil producers to increase oil price & squeeze refiner margins (oil producers hold pricing power)

Very possible oil can stay usd100++ & same time crack spread can drop to usd10 (normal spread)

Posted by StingRay > 2022-07-18 23:30 | Report Abuse

kah kah kah... normalise is good. when crack spread become thin, many of these refineries will do shutdown or turnaround. and processing power will go down. and your crude oil will suddenly face spillover. who want to buy crude and keep lah wei. Wakaka.

Posted by StingRay > 2022-07-18 23:32 | Report Abuse

when there are a lot of surplus crude supply and no refineries to process, what happen arrr? I thought you know oil business? Wakaka.

Posted by MoneyMakers > 2022-07-18 23:32 | Report Abuse

Even now crack spread alrdy drop from peak usd33 to usd16 (50% drop in 2weeks)

Refiners dont make money..oil producers always big winners

Thats why cannot compare Hibiscs & HY..2 different biz model

Posted by StingRay > 2022-07-18 23:33 | Report Abuse

Refineries are known to survive even when spread are less than USD10 lah wei. I thought you know oil business? Haiya.

Posted by StingRay > 2022-07-18 23:37 | Report Abuse

And you think those oil producers dig the oil free meh? Wakaka.

Posted by StingRay > 2022-07-18 23:39 | Report Abuse

if the crude like Venezuela which is sour and waxy crude, can sell high price meh? if can, Venezuela would not go bankrupt lah. Haiya.

Posted by StingRay > 2022-07-18 23:40 | Report Abuse

shale oil in koboi land, if crude price not above USD60, all tapau Liao loh. they not oil producer kah? I thought you are an expert in oil business? Haiya.

Posted by MoneyMakers > 2022-07-18 23:41 | Report Abuse

Walao StingRay u truly clueless hor

Oil producers cannot price crude oil higher than refined oil..or else everyone lose lo - refiner bankrupt producer bankrupt

To maximise profit, producers will set crude oil price just below refined oil price (thin crack spread)

Refiners happy got biz (even tho thin margin/spread)..producers big winners lo

Posted by MoneyMakers > 2022-07-18 23:41 |

Post removed.Why?

Posted by StingRay > 2022-07-18 23:42 | Report Abuse

As I said, thin spread does not make refinery bankrupt lah. they will still survive. dry well will make producer bankrupt lah. hahaha.

Posted by StingRay > 2022-07-18 23:43 | Report Abuse

oil producer don't determine the product price lah wei. demand does. Wakaka.

Posted by StingRay > 2022-07-18 23:46 | Report Abuse

It is not the producer that set the price also lah wei... you see those traders running around or not? it is them. and the price would depends on how much demand there is in the market. as if it was the producer that set the price. they can only influence the price by putting more or less oli in the market and let those traders run around trying to get the best deal. I thought you know oil business? no meh? Haiya.

Posted by StingRay > 2022-07-18 23:53 | Report Abuse

talk to you also sai hei. just because you read some book titled Oil Business for Dummies, you can claim yourself as expert. you ask any oilman that has 40 years experience also dare not claim themselves as expert lah wei. Haiya.