Singapore airlines also make fuel hedging losses if fuel oil on the uptrend.
My mistake since Singapore airlines is end user of the jet fuel they will make a hedged buy forward month/months on the fuel and start selling the airticket forwad month/months.
Hence if forward month/months jet fuel price drop the hedge buy will make a loss but their pre sold air tickets will make extra gain due to cheaper fuel/cheaper cost.
Hence if you make a hedged buy when price drop the hedge will make a loss.
If you make a hedged sell refining margin at USD 15 per barrel then when refining margin go up above USD 15 you will make a hedging loss.
The malicious attackers just spamming and barking on the cashflow hedge fair value loss and cost of hedging reserve amounting to ($1,079,600k) for Q2. These items are in fact Balance sheet items , not loss per se . They are termed as comprehensive (expense )or income , not as loss. ( pls read the P&L carefully). The abovesaid amount exactly reflects the differences between 30.6.22 and 31.3.22 for Cashflow hedge reserves, cost of hedging reserve and exchange translation reserve appear in the balance sheet (BS)
Per BS. 30.6.22 ($1,459,160k ) ( ie 543,706k + 786,566k+ 128,888k) Per BS 31.3.22 ($379,560k) (ie $299,007 k -48,335k+128888k) The change between the qtrs is ($1,079,600k) The impact on P&L from eventual reclassification of this BS items is not direct . There are many other elements. Don’t be confused that these are sure losses in the future . Accounting for derivatives is not a layman like you and me can fully comprehend.
Dont trick ppl with such lousy way lah. Uncle Koon will buy HY lagi kah. Ada proof or not. You got check with Uncle Koon personally or not. Dont be like that desperate keep using Uncle Koon name leh. Haiyoh. Correct?
Dear ular, uncle flip flop methods are well known in i3 circle mah! So naturally I am curious loh! Is uncle buying Hengyuan since uncle is attacking Hengyuan?
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....
UlarSawa
35,552 posts
Posted by UlarSawa > 2022-09-04 17:35 |
Post removed.Why?