Recall how much PPB making every year from wheat and sugar futures. Why PPB could make so much from these commodities? Simply because it was the largest downstream end user in Malaysia, and one of the major commodity trader in wheat and wheat just like Glencore.
HYR is just a small fry in oil industry. If HYR is a big player in upstream like Shell, Exxon or BP, it will make sense to hedge or lock in profit as and when appropriate. Profit recognition must take into consideration market value of crude oil inventory. Many big oil companies will factor in Replacement Cost Profit in their financial reporting. How about HYR?
thats what PSAi3alert said after HRC bought Shell Refinery at RM1.80 per share, magically profits went up. "cough cough" and Syndicates cooked the share price to get magical profits
Posted by ks55 > 39 seconds ago | Report Abuse
Recall how much PPB making every year from wheat and sugar futures. Why PPB could make so much from these commodities? Simply because it was the largest downstream end user in Malaysia, and one of the major commodity trader in wheat and wheat just like Glencore.
HYR is just a small fry in oil industry. If HYR is a big player in upstream like Shell, Exxon or BP, it will make sense to hedge or lock in profit as and when appropriate. Profit recognition must take into consideration market value of crude oil inventory. Many big oil companies will factor in Replacement Cost Profit in their financial reporting. How about HYR?
money maker has nothing to do but spam the forum everyday and night, just like last time in supermax lol, why people can be so free, nothing to do, unless they are bloody rich or bloody poor lol
Taikor sudah destroyed kah. Mana ada lah. Taikor still dragonhead lagi mah. Small kucing kurup glove maker baru mau start tutup show mah. Taikor still stand tall as dragonhead lagi without loss QR leh. Correct?
Posted by SinGor > 6 minutes ago | Report Abuse
snake has destroyed TG and many others, now HengY is destiny for destruction
This is how hardcore penkritik so powerful lah. Kutuk no satu but promote pun kanasai juga. So chose the easy role to do lah. Kutuk. Haiyoh. Correct?
Posted by Primeinvestor > 5 minutes ago | Report Abuse
money maker has nothing to do but spam the forum everyday and night, just like last time in supermax lol, why people can be so free, nothing to do, unless they are bloody rich or bloody poor lol
Haiyoh ular, leave mm alone lah! MM got agenda want to push price down to untung mah! Same like sifus got agenda want to push price up to untung mah! Actually both also same same what. Correct?
No lah. MM is too much lah. Pasal he kutuk ular punya sifu lah. Haiyoh. Correct?
Posted by tehka > 39 seconds ago | Report Abuse
Haiyoh ular, leave mm alone lah! MM got agenda want to push price down to untung mah! Same like sifus got agenda want to push price up to untung mah! Actually both also same same what. Correct?
Oh ular punya Sifu is Stingray lah. Last time pun ada mari sharing at here b4 lah. Lagi ada sharing di Bungaraya juga. Tapi itu MM very panlai lah kutuk Ular punya sifu lah. Ular pun very angry lor. Sifu ada cakap HY derivative loss alot lah. Sudah advice tak mau judi lah. Haiyoh. Correct?
Ya lah. Ular OKU lah.. At least judi your stockgod Buffolo ctr pun ada earn lah. Buffolo lost 43 bil last Qtr leh. You so proud of your idol lost so much kah. Haiyoh. Correct?
anymore
i3lurker
11,714 posts
Posted by i3lurker > 3 minutes ago | Report Abuse
Buying HRC = Buying Gloves
both have Global Excess Supply
why are there so many Suiyee Sucker Bilis around who buys up downhill shares with no immediate future? Answer => Dragon cracked their skull open, poured in Vodka and ate up their brains at roadside restaurant
Haiyoh uncle delete his post ah? I want to see uncle kutuk or praise hengyuan. Because some are saying uncle kutuk = buy signal. Uncle praise = sell signal. Some claim the win rate very high follow this. Don't know true or not lah. Use own judi judgement. Correct?
UlarSawa
Wow Uncle Koon continue his blog again on HY kah. Short statement only leh. Haiyoh. Correct?
I had posted here several times HRC has bad fundamentals (just check and compare the numbers for the past 3 quarterly reports, check the cash in hand, the debtors, the creditors, the equity vs liabilities… it’s bad) and that both EPF and PNB had sold down their holdings substantially from circa 2015-2017 (from more than 10% to 2% for the former and from 6% to 3% for the latter). Both became non substantial shareholders and because of this they can trade without any need for company announcements
If you are interested in OnG counters, go check which one specific counter EPF have been buying and buying (EPF held 11% based on that company’s 2021 AR). Super good fundamentals. RM8 Billion equity vs RM3 Billion liabilities
Uncle Koon very frank person mah. No good he say no good lah. Good he say good lah. We all eat garam less than uncle koon mah. Must respect Uncle Koon sikit leh. At least he was the co founder of few listed company in Bursa leh. The rest of those kutuk uncle koon one not even ada such experience leh.Uncle Koon pun so old already mah. Kutuk Uncle Koon is like their own parent ini macam leh. No respect orang tua kah. Very bad manner leh Uncle koon so nice person always give angpow one leh. You takda get angpow from him kah. Haiyoh. Correct?
tehka
Haiyoh uncle delete his post ah? I want to see uncle kutuk or praise hengyuan. Because some are saying uncle kutuk = buy signal. Uncle praise = sell signal. Some claim the win rate very high follow this. Don't know true or not lah. Use own judi judgement. Correct?
UlarSawa
Wow Uncle Koon continue his blog again on HY kah. Short statement only leh. Haiyoh. Correct?
Haiyoh ular, cannot say like that. Of course I respect uncle as elder person to me. I say he is very panlai. But you must remember uncle write article also got agenda one. Thats why always pusing pusing. Correct or not? When see uncle article must think why he write the article, not the content of the article. End of day uncle also want to make money from others not do charity in share market. Correct?
Uncle koon write blog is when he want to give angpow time mah. You takda dapat angpow meh. After dapat angpow must remember to kiss uncle koon hand and ucap terima kasih uncle koon leh. Next time uncle koon will remember you and continue to give angpow mah. Those many kutuk uncle koon one must be giving angpow one takda take angpow from Uncle koon lah. Ular ada dapat angpow from uncle koon one leh. Kenot bite the hand that gave you angpow leh. Haiyoh. Correct?
tehka
Haiyoh ular, cannot say like that. Of course I respect uncle as elder person to me. I say he is very panlai. But you must remember uncle write article also got agenda one. Thats why always pusing pusing. Correct or not? When see uncle article must think why he write the article, not the content of the article. End of day uncle also want to make money from others not do charity in share market. Correct?
Bad fundamentals qoqoqoq. Big local funds kept selling. Inconsistent dividends.
Go have a dialogue with EPF and ask them what’s their rationale and criterias for investing (as in buying and buying one company’s shares instead of selling and selling another company’s shares). They will answer with only one worD (with two reasons).
Just a thought, HRC make a derivative gain of RM 1,234,316,000 in year 2020.
So in case refining margin is negative then HRC might as well shut the plant to prevent physical loss in buying crude, refining the crude and selling refine products and at the same time pocket all the cash settlement refining margin swap contracts gain on contract maturity date. Remember the outstanding refining margin swap notional value as on 30/6/3022 Is USD 226,945,000.
Global Excess Refinery Capacity Global Excess Gloves Supply Global Excess Prostitute Supply Global Excess Vaccine Supply Global Excess Chips Capacity Global Excess Dragons Global Excess Office Space Global Excess Coffee Shops Global Excess Air Planes Global Excess Smart Phone Capacity Global Excess Streaming Services Global Excess Mobile Capacity
and lastly Global Excess Politicians, need to send some to jail
the notional value is what you pay at start of Gamble [in example above given by me its the USD18,000.00 initial payment to start Gamble] 1=> the market value had already been given and its Unrealized loss RM Billions the unrealized loss likely to double or triple to more RM Billions
2=> dun forget its all USD USD => 4.5 to 5.5 another 25% more RM billions mari mari
////Remember the outstanding refining margin swap notional value as on 30/6/3022 Is USD 226,945,000.////
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....
ks55
3,802 posts
Posted by ks55 > 2022-09-02 16:32 | Report Abuse
Recall how much PPB making every year from wheat and sugar futures. Why PPB could make so much from these commodities? Simply because it was the largest downstream end user in Malaysia, and one of the major commodity trader in wheat and wheat just like Glencore.
HYR is just a small fry in oil industry. If HYR is a big player in upstream like Shell, Exxon or BP, it will make sense to hedge or lock in profit as and when appropriate. Profit recognition must take into consideration market value of crude oil inventory. Many big oil companies will factor in Replacement Cost Profit in their financial reporting. How about HYR?