1. No such thing as HY hedge contracts all expired in June
2. If HY hedge contracts expire monthly/bi-monthly, will see 1.07Bil hedging loss realised Q3. The RM 1.O7 Bil is marked to market unrealised derivatives loss, mean HRC will make a total realised loss on outstanding refining margin swap contracts expired monthly/bi-monthly if you had frozen all the spot and future refining margin at 30/06/2022 price.
BobAxelrod, No worries, if by Q4 end HRC able to generate enough cash flow to pay off the RM 1.5 billion borrowings and become debt free then most likely many people and fund managers will be very interest on HRC
Would you as a retail investor will catch HY at 4.60 next and when breaking 5.00 not want to take profits????? or wait till 15.00????? Maybe the next most probable inmate to Tj Rambutun would hold.
We are not living in a visual or digital world as claimed.
My sole purpose for writing this piece is to prevent my readers from losing their hard earned money or life time savings. Currently there are a few irresponsible promoters to encourage readers to buy Hengyuan.
A few days ago, I posted my article namely “Investors ignored Hengyuan’s fantastic profit” which you can read on the Hengyuan’s forum.
The blue line is the 50 day moving average price and the red line is the 20 day moving average price. When the red line crosses over the blue line and the share price is below the 2 lines, it is a strong signal of down trend as shown on the chart below. Kyy wrote this .
Don't be so naive to believe holland king.. From July to August, the international oil price is between 93-100 US dollars, Hengyuan is buying expensive oil and then the current oil price is falling around 80 US dollars, what does the company earn? There is still 4.6 share price for you to sell, if you lose less, treat it as a win la . U didn’t see what Holland king said ? I really don’t want to see someone get hurt anymore here . I lost few hundred only . No more heng yuan .. n I will not buying back anymore
qqq3, The diesel, mogas, jetfuel crack spread are public avalaible information just monitor and your will be sure whether Q3 and Q4 making money or not. Not if or if not.
You invest or you tikam. 95% surewin kah. Very excellent result leh. Many cakap judi 10 times lose 9 times only 10% winner leh. You even higher leh. Top 5% of the best kakijudi leh. Clap Clap Clap. Haiyoh. Correct?
BobAxelrod
We don't have liberty to inspect HY account for sure. Even as we deduced and assumed there would be Profits in Q4, which investors would want to hold at present 4.60 till Dec? When we invest, we are for cock sure....we don't gamble for an outcome. That's why I win 95% of the time.
Everyone have their own trading/investment strategy and I respect all of them.
I am here defending HRC which I hold a small position is because I despise people keep repeating their misinformation (Example: KYY Mogas92 crack spread as Brent crack spread) and fearmongering like MM with his/her broken record.
Posted by i3lurker > Sep 12, 2022 2:44 PM | Report Abuse God of Gamblers Chow Yun Fatt aka sslee says so mah => judi 10 times lose 9 times only
That is right my friend, so I stopped judi and start to invest (learning how to read financial report, supply and demand equilibrium shifting, crack spread and etc but need to admit had not yet learn TA)and hopefully my investment can give me dividend more than FD rate and some capital appreciation.
Since I start to learn supply and demand equilibrium shifting that will cause price increase or decrease and it happen that due to Ukraine war, gas cut from Russia, impending boycott of Russia crude and refined products, many years of under investment in refinery, post covid fuel demand surge that propel refining margin from poor single digit to peak of USD40+ per barrel that draw me into Petronm and HRC.
You said HengYuanese all are clever mah. Must be wet wet and song song mah. Now HengYuanese so sad pasal too dry izzit. Apply lubricant oil lah. HY takda produce lubricant oil kah. Haiyoh. Correct?
Uncle Koon ada cutloss meh. Tot he started promoting time only 80+ sen leh. Dunno also lah. He flip flop one time. Promote then demote then promote again Bungaraya leh. At current price ingat he takda loss lah. Correct?
You see Uncle Koon is a responsible person leh. He even tulis to his readers cakap Bungaraya explosive QR macam pun no more lah. At least he is genuinely telling his readers leh. Apa lagi mau kutuk Uncle Koon leh. My give Uncle Koon a clap clap clap leh. He honest enuf to cakap leh. Haiyoh. Correct?
I have posted 2 articles to promote Hibiscus recently when the crude oil price was shooting to record high as shown on the chart below. That is why it reported record profit of EPS 11.6 sen per share for the quarter ending June.
I am obliged to write this article to prevent my readers from losing money because the crude oil price is dropping very rapidly from July to the current price level. As a result, it will report reduced profit for the quarter ending September.
Putin offer discounted price mah. Siapa tak mau buy with discount lah. Pay lesser mah. Common sense leh. Haiyoh. Correct?
BobAxelrod
So many countries want to buy Russian oil ah? But these are not new ones... they are already buying. They want to buy Russian want to sell or not? Sometimes, the husbands want but wives always said got headache....
qqq3, Commodities price drop because US rate hike and fear of reccession that will cause demand destruction. wti oil can drop from 120 to 82.
Mogas or petrol is mostly use by personal vehicles in US since petrol price high people choose to travel less.
Diesel is mostly use by commercial vehicles for transportation, in industries and also replacement for gas
Since refinery will make good profit in selling diesel hence they don't mind in lossing some money in selling petrol. Mogas92 crack spread can go to negative.
Russia courting Asian buyers to replace Europe buyers leh. Thats why courting big nation like Indonesia to buy from russia with special discounted offer price up to 30% leh. Jokowi pun ada met Putin b4 and Putin garanti Indonesia fertilisers supply leh. Haiyoh. Correct?
At least you also see Uncle Koon as an idol leh. Not bad lah. Uncle Koon punya fansi pun ada make declaration leh. Hope you can form Uncle Koon fan club leh. Carry banners and sorak sorak. We love and support Uncle forever. Whenever Uncle Koon tulis new blog leh. You carry the his banner at the ctr leh. Haiyoh. Correct?
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....
BobAxelrod
8,255 posts
Posted by BobAxelrod > 2022-09-12 13:36 |
Post removed.Why?