Posted by Jerichomy > 2022-09-02 07:25 |

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Posted by Jerichomy > 2022-09-02 07:27 | Report Abuse

Like Ays and hiap teck in september 43 cents and 27.5 cents

Never reach rm1 for hiap teck by september

Now want to tipu in HY counter

Posted by Jerichomy > 2022-09-02 07:29 |

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Posted by $$ BUYSELL $$ > 2022-09-02 07:43 | Report Abuse

i ya wet wet pant again

Posted by UlarSawa > 2022-09-02 07:49 | Report Abuse

Yes. But at lower price lor. Judi mah. Haiyoh. Correct?


qqq3333

would u buy a share whose Q3 economic situation will be far worse than Q2 just announced? and with high likelihood of net losses? The answer is most surely Not................and when things turn south, it never rains, it pours.

6 hours ago

Posted by i3lurker > 2022-09-02 07:50 | Report Abuse

Look at the declared dividend and you will know the company has NO cash to pay you.

Posted by UlarSawa > 2022-09-02 07:50 | Report Abuse

No problem. TP is just a prediction mah. Not always right mah. If TP too low easily hit also no meaning mah. Haiyoh. Correct?



Jerichomy

Like Ays and hiap teck in september 43 cents and 27.5 cents

Never reach rm1 for hiap teck by september

Now want to tipu in HY counter

22 minutes ago

Posted by Mikecyc > 2022-09-02 07:59 |

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Posted by Mikecyc > 2022-09-02 08:02 |

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Posted by UlarSawa > 2022-09-02 08:04 | Report Abuse

Mana takda cash but kiamsiap lah. Earned so much 667mil leh. Pay 30mil so little only. Lagi from borrowing one leh. Many said future earning very good lagi leh. Haiyoh. Correct?


i3lurker

Look at the declared dividend and you will know the company has NO cash to pay you.

3 minutes ago

Posted by UlarSawa > 2022-09-02 08:05 |

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Posted by UlarSawa > 2022-09-02 08:07 | Report Abuse

Frankly speaking Petronm is better than HY lah. Why leh. Ular also dunno but Sifu said one. Haiyoh. Correct?

Posted by UlarSawa > 2022-09-02 08:08 |

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Posted by Mikecyc > 2022-09-02 08:12 |

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Posted by Mikecyc > 2022-09-02 08:14 |

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Posted by UlarSawa > 2022-09-02 08:18 |

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Posted by UlarSawa > 2022-09-02 08:21 |

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Posted by upshare > 2022-09-02 08:23 | Report Abuse

@ular sawa
Hope HY not same as top glove...ha..ha...

Posted by UlarSawa > 2022-09-02 08:23 |

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Posted by UlarSawa > 2022-09-02 08:24 | Report Abuse

No one say is same mah. One is Cinaman ctr, One is local Chinese company. Haiyoh. Correct?

upshare

@ular sawa
Hope HY not same as top glove...ha..ha...

15 seconds ago

Posted by Mikecyc > 2022-09-02 08:25 |

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Posted by UlarSawa > 2022-09-02 08:27 |

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Posted by Mikecyc > 2022-09-02 08:27 |

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Posted by UlarSawa > 2022-09-02 08:30 |

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Posted by UlarSawa > 2022-09-02 08:31 |

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Posted by Sslee > 2022-09-02 08:59 | Report Abuse

Dear probability,
The outstanding Refining margin swap contract as on 30/06/2022
Notional amount: USD 226,945,000
Assets: RM 261,065,000
Liabilities: RM 1,751,332,000
Hence unrealized loss RM (1,751,332,000-261,065,000) = RM 1,490,267,000

On 30/06/2022:
Mogas92 crack spread: USD 31.578
Diesel crack spread: USD 56.125
Average of the two USD (31.578+56.125)/2= USD43.85
USD to MYR: 4.397

V: Volume of outstanding refining margin swap contract (Barrels)
A: Average outstanding margin per barrel hedged (USD)

Equation:
from notional amount: V x A=226,945,000 or V=226,945,000/A
from unrealized loss: V x (43.85 – A) = 1,490,267,000/4.397

226,945,000 x (43.85 – A) = 338,928,133 x A
9,951,538,250= (338,928,113 + 226,945,000) x A
A= 9,951,538,250/565,873,133
A= 17.586
V=226,945,000/17.586
V=12,904,746

If you use only Mogas92 crack spread: USD 31.58
Equation:
V x A=226,945,000 or V=226,945,000/A
V x (31.58 – A) = 1,490,267,000/4.397

226,945,000 x (31.58 – A) = 338,928,133 x A
7,166,923,100= (338,928,113 + 226,945,000) x A
A= 7,166,923,100/565,873,133
A= 12.665
V=226,945,000/12.665
V= 17,918,718

Posted by joecool32 > 2022-09-02 09:00 | Report Abuse

goreng today, don't miss it

Posted by Sharewire > 2022-09-02 09:00 | Report Abuse

Hengyuan management had hedge at 30++ for 2 year.
Life time opportunity to hedge at 30 and may not come again unless another war coming up like Taiwan china
Posted by Picanto > Aug 31, 2022 11:31 PM | Report Abuse

Let me present these facts and you guy interpret by yourself.

1) In 2021 AR, Note 19 (a), the Refining Margin Swap Contract (RMSC) was USD265.4mil with Gross Margin per barrel hedged at range of USD8-USD12.30 and contracts maturity date from Jan 2022 to Sep 2024. No one will know the Russia vs Ukraine conflict then, so HY might think that USD8-12.3 is a good margin at that time.

Posted by UlarSawa > 2022-09-02 09:02 | Report Abuse

is the fact really that important when you talking about judi now. No lah. Focus on the judi is more important lah. Now all also know bursa is like a Casino lah. Haiyoh. Correct?

Sharewire

Hengyuan management had hedge at 30++ for 2 year.
Life time opportunity to hedge at 30 and may not come again unless another war coming up like Taiwan china
Posted by Picanto > Aug 31, 2022 11:31 PM | Report Abuse

Let me present these facts and you guy interpret by yourself.

1) In 2021 AR, Note 19 (a), the Refining Margin Swap Contract (RMSC) was USD265.4mil with Gross Margin per barrel hedged at range of USD8-USD12.30 and contracts maturity date from Jan 2022 to Sep 2024. No one will know the Russia vs Ukraine conflict then, so HY might think that USD8-12.3 is a good margin at that time.

32 seconds ago

Posted by Sharewire > 2022-09-02 09:05 | Report Abuse

Qtr3 people like qqq333 & mm and ular saw will see hedging Gain for THE FIRST TIME IN THEIR LIFE!

Posted by UlarSawa > 2022-09-02 09:10 | Report Abuse

frankly speaking Ular is OKU leh. Thats why dont bother the facts when want to judi leh. Correct?

qqq3333

Posted by UlarSawa > 2 minutes ago | Report Abuse

is the fact really that important when you talking about judi now. No lah. Focus on the judi is more important lah. Now all also know bursa is like a Casino lah. Haiyoh. Correct?

Sharewire

Hengyuan management had hedge at 30++ for 2 year.
========


u know nothing about futures market

15 seconds ago

Posted by Sharewire > 2022-09-02 09:12 | Report Abuse

Your mind is 100% sure bursa and genting is same JUDI.
Your thinking not wrong bcou you are a gambler your whole life.Even 1 baby step you take is a gambler!
You are born this way.Hello judimen

Posted by UlarSawa > 2022-09-02 09:12 | Report Abuse

Ular really dunno until Sifu told ular last Qtr HY will have a lot of hedging loss even b4 released the QR leh. Maybe ular punya sifu tossed coin very accurate most of the time leh. Haiyoh. Correct?


Sharewire

Qtr3 people like qqq333 & mm and ular saw will see hedging Gain for THE FIRST TIME IN THEIR LIFE!

4 minutes ago

Posted by UlarSawa > 2022-09-02 09:16 | Report Abuse

Dont act like an angel cakap you are investing leh. Ular always ask one question only. If you are investing are you really need to monitor the saham daily kah. Common lah. Dont lie to yourself cakap like you arae investing and yet you cant even sleep well every nite leh. Scare your share price will turn red leh. if you are investing and believe firmly you are investing one you wont behave like this lah. Why bother others comments apa in the forum lah. Think lah. Haiyoh. Correct?

Sharewire

Your mind is 100% sure bursa and genting is same JUDI.
Your thinking not wrong bcou you are a gambler your whole life.Even 1 baby step you take is a gambler!
You are born this way.Hello judimen


28 seconds ago

Posted by Sslee > 2022-09-02 09:16 | Report Abuse

Note:
My calculation is based on the outstanding Refining margin swap contract as on 30/06/2022
Notional amount: USD 226,945,000
Assets: RM 261,065,000
Liabilities: RM 1,751,332,000
Hence unrealized loss RM (1,751,332,000-261,065,000) = RM 1,490,267,000

As each quarter end some of these outstanding refining margin swap contracts will become mature and any gain/loss will be recorded into derivatives financial instruments gain/loss in the profit/loss before tax is arrived at after crediting/charging.

As at each quarter end some new refining margin swap contracts will be added with new margin per barrel hedged.

Posted by UlarSawa > 2022-09-02 09:19 | Report Abuse

look at the forum and those commenting day and nite cakap apa facts and figures and why you keep doing it leh. You not scare when the price turn red kah. Common lah. Dont lie to yourfelf ok. You also partlu punting and partly investing kah. Not purely investing lah. Your gene pun ada judi gene lah. Correct?

Posted by tehka > 2022-09-02 09:21 | Report Abuse

Haiyoh ular, you see profile pic is god of gambler. Kikiki. Correct?

Posted by qqq3333EmakGatai > 2022-09-02 09:23 | Report Abuse

Saya Ahmed Rarman supervisour di cafe sini.Boss cakap mama qqq3333 punya pu ki gatai. Saya mahu JILAT dan KONG KEK emak qqq3333.Boss cakap ini malam dia bagi 50 rm ? EMAK qqq3333 bolih hisap lan chio.

Posted by probability > 2022-09-02 09:24 | Report Abuse

@sslee, thanks for the derivation above.

Isn't Notional value is barrels x price/barrel on commodity futures / spot price that was hedged.

refer extract from here:

https://www.wallstreetmojo.com/notional-value/

Notional Value = Total Units in the Contract * Spot Price

I have never seen anywhere in google that its linked to the spread 'difference between two commodity'. It always appears at absolute value

Could you share any links where you had obtain the below statement linking to margin?

Posted by Sslee > Sep 2, 2022 8:59 AM | Report Abuse

V: Volume of outstanding refining margin swap contract (Barrels)
A: Average outstanding margin per barrel hedged (USD)

Posted by Pendekar_BujangLapok > 2022-09-02 09:25 | Report Abuse

Mana RM19.50 yg dijanjikan? Rugi RM1.95 ada la. Kuat kencing betul. Ini memang kaki tipu.

Posted by tehka > 2022-09-02 09:25 | Report Abuse

Tell me ular, should we listen to a snake or god of gambler? Kikiki

Posted by cedcan > 2022-09-02 09:32 | Report Abuse

Patut listen to the snake lah, even Adam/Eve also did the same, listen to the snake!