Posted by hng33 > 2022-09-01 09:05 | Report Abuse

Hengyuan, see you next Q3 to re-enter back

Posted by UlarSawa > 2022-09-01 09:06 | Report Abuse

Wow. Limited up leh. Not bad also lah. Haiyoh. Correct?

Posted by UlarSawa > 2022-09-01 09:08 | Report Abuse

Congratulation. You are the winner got cutwin one. Haiyoh. Correct?

Posted by BlessedInvestor > 2022-09-01 09:12 | Report Abuse

look like operator is collecting, not distributing....

Posted by donnybelowski > 2022-09-01 09:14 | Report Abuse

I told u. This is otbkyy main stock. They bought a lot recently. Waiting for price to go higher and higher. Buy.

Posted by information > 2022-09-01 09:18 | Report Abuse

China fund buying, because malaysian investors dont understand hedging!

Posted by UlarSawa > 2022-09-01 09:19 |

Post removed.Why?

Posted by UlarSawa > 2022-09-01 09:21 | Report Abuse

Really. Which china fund buying. Can tell kah. Haiyoh. Correct?

information

China fund buying, because malaysian investors dont understand hedging!

1 minute ago

Posted by tehka > 2022-09-01 09:23 | Report Abuse

Got more than 1000 lots IDSS

Posted by UlarSawa > 2022-09-01 09:29 | Report Abuse

Now 5.43 only. so far vwap 5.50. Look at it what the direction of the price now. Haiyoh. Correct?

Posted by King_trader_shadow > 2022-09-01 09:29 | Report Abuse

Market isn't give any mercy !

Posted by klee > 2022-09-01 09:32 | Report Abuse

macau scam again adoi

Posted by UlarSawa > 2022-09-01 09:32 | Report Abuse

Shortists really daring. Still shorting kah. Haiyoh. Correct?

Posted by Jerichomy > 2022-09-01 09:33 |

Post removed.Why?

Posted by UlarSawa > 2022-09-01 09:34 | Report Abuse

Judi lah. Every ctr pun judi mah. Promoter kuat promote also judi mah. Last last pun cutwin is the main aim lah. Haiyoh. Correct?

Posted by Sslee > 2022-09-01 09:35 | Report Abuse

D1N1!
SINGAPORE MOGAS 92 UNLEADED (PLATTS) BRENT CRACK SPREAD FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)NYMEX
−0.637
D
USD
−10.255
(−106.62%)

Aiyoyo chiamlah overnight mogas92 crack spread sudah negative.

Itu HRC kalau buat mogas92 crack spread hedge at USD 20 sudah dapat banyak derivatives gain.

Posted by Jerichomy > 2022-09-01 09:36 |

Post removed.Why?

Posted by UlarSawa > 2022-09-01 09:36 |

Post removed.Why?

Posted by tehka > 2022-09-01 09:36 | Report Abuse

Haiyoh ular, shortist have to buy back end of the day, look like now trying so hard to make it red

Posted by UlarSawa > 2022-09-01 09:38 | Report Abuse

Uncle Hng33 is kakijudi lah. Locked in profit is his priority even the company he can praised until like warren buffet punya ctr lah. Haiyoh. Correct?

Jerichomy

Hng333 bukan macai syndicate…they takut selepas tengok ays dan hiap teck

hng33
Locked profit, sold at 5.52-5.60
30 minutes ago

hng33
Hengyuan, see you next Q3 to re-enter back
28 minutes ago

10 seconds ago

Posted by UlarSawa > 2022-09-01 09:39 | Report Abuse

According to YAB paktua. Ada leeway no need to buy back today leh. Haiyoh. Correct?

tehka

Haiyoh ular, shortist have to buy back end of the day, look like now trying so hard to make it red

1 minute ago

Posted by probability > 2022-09-01 09:40 | Report Abuse

exactly sslee, their hedging position is in gasoline where the margin is thin for protection

thats why they made huge money in Q2 with the gain in Diesel and Jet Fuel crack


Posted by probability > Aug 31, 2022 9:16 AM | Report Abuse X

The most likely commodity hedging that caused the unrealized derivative loss is the Gasoline.

Note that the crack spread of gasoline jumped from 10 USD/brl to 32 USD/brl from Q4 21 by end of Q2 22

Say they hedged 10 million barrels 'gasoline - brent' crack by end of 2021 (considering the intent to secure relatively good margin in Q4 21' compared to avg of only 7 USD/brl last few years).

They would have bought brent crude at 100 USD and sold gasoline at 110 USD/brl in futures market with maturity of 2 years (end of 2023).

The above means they have a margin swap hedging contract valued at 10 million barrels x 10 USD/brl = USD 100 million expiring by Dec 2023.

Now by end of Q2 , the gasoline margin had expanded to 32 USD/brl.

They would need to mark to market the hedging contract status by end of Q2

This means they will report an unrealized hedging loss of 10 million x 22 USD/brl (crack expansion from their hedging to 32 from 10), which equal 220 million USD.

Now by end of Q3, if the present crack maintains for gasoline, the crack would drop back to 10 USD/brl resulting with zero hedging loss.

They can choose to realize the hedging by this qtr without affecting the P&L at all or they can do it when another opportunity arise before end of 2023 (but they must realize before the maturity).

Posted by BobAxelrod > 2022-09-01 09:41 | Report Abuse

RSS not same day buy back...but IDSS no need same day cover????.....Burse punya Law siapa?

Posted by UlarSawa > 2022-09-01 09:42 |

Post removed.Why?

Posted by BobAxelrod > 2022-09-01 09:42 |

Post removed.Why?

Posted by UlarSawa > 2022-09-01 09:43 | Report Abuse

By right is like this by left not like that. Haiyoh. Correct?

BobAxelrod

RSS not same day buy back...but IDSS no need same day cover????.....Burse punya Law siapa?

1 minute ago

Posted by UlarSawa > 2022-09-01 09:45 | Report Abuse

Focus on your judi is more important leh. Cerita panjang lebar on those crackspread is no use leh. Ctr depend on want to goreng or not only leh. Haiyoh. Correct?

Posted by Amoneymous > 2022-09-01 09:46 | Report Abuse

How come the crack spread negative today?

Posted by Jerichomy > 2022-09-01 09:46 |

Post removed.Why?

Posted by Sslee > 2022-09-01 09:47 | Report Abuse

IDDS mean interday short selling. Same day sell short and buy back before bursa close for the day

RSS mean regulated short selling. Borrow share from lender at certain fee per certain period to sell the share.

Posted by Jerichomy > 2022-09-01 09:48 |

Post removed.Why?

Posted by Amoneymous > 2022-09-01 09:48 | Report Abuse

Crack spread is USD - 0.637 now?

Posted by Jerichomy > 2022-09-01 09:50 |

Post removed.Why?

Posted by Sslee > 2022-09-01 09:51 | Report Abuse

How come the crack spread negative today?

Itu erti overnight physical spot selling price of mogas92 is cheaper than Brent crude by USD 0.637 per barrel

Posted by UlarSawa > 2022-09-01 09:51 |

Post removed.Why?

Posted by KooSan > 2022-09-01 09:52 | Report Abuse

Red storm has begun...........

Posted by Jerichomy > 2022-09-01 09:53 |

Post removed.Why?

Posted by tehka > 2022-09-01 09:53 | Report Abuse

Haiyoh.. IDSS keep double down. Better to cover loh... if become red good lah, but later if not become red, susah loh, where to find the volume to buy back low?

Posted by Sslee > 2022-09-01 09:53 | Report Abuse

LOW SULPHUR GASOIL CRACK SPREAD (1000MT) FINANCIAL FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)NYMEX
49.747
D
USD
+4.505
(+9.96%)

Itu gasoil/diesel crack spread naik lagi ke USD 49.747

Posted by UlarSawa > 2022-09-01 09:54 |

Post removed.Why?

Posted by Jerichomy > 2022-09-01 09:54 |

Post removed.Why?

Posted by UlarSawa > 2022-09-01 09:55 | Report Abuse

This is their choice mah. Last last shortists win juga lah. Haiyoh. Correct?


tehka

Haiyoh.. IDSS keep double down. Better to cover loh... if become red good lah, but later if not become red, susah loh, where to find the volume to buy back low?

1 minute ago

Posted by Jerichomy > 2022-09-01 09:56 |

Post removed.Why?

Posted by Sslee > 2022-09-01 09:56 | Report Abuse

Sorry salah typo
IDSS interday short-selling bukan IDDS

Posted by UlarSawa > 2022-09-01 09:56 | Report Abuse

Who invite. YAB paktua kah . Haiyoh. Correct?


Jerichomy

You can join his if he invite you ya

Posted by Jerichomy > 2022-09-01 09:57 |

Post removed.Why?

Posted by Jerichomy > 2022-09-01 09:59 |

Post removed.Why?

Posted by UlarSawa > 2022-09-01 10:00 | Report Abuse

Haiyoh Ular already in YAB new taligam group leh. But Ular inactive there lah. Sifu also in his taligam group also ada contribute input lah. Haiyoh. Correct?


Jerichomy

You can join his if he invite you ya

Posted by donnybelowski > 2022-09-01 10:00 | Report Abuse

Just Buy. This is main otbkyy stock. Sslee probability and others also follow them. Buy.

Posted by Jerichomy > 2022-09-01 10:00 |

Post removed.Why?