qqq3, You can only fraction out what is inside the crude oil then you have:
Catalytic reforming a chemical process used to convert petroleum refinery naphthas distilled from crude oil (typically having low octane ratings) into high-octane liquid products called reformates, which are premium blending stocks for high-octane gasoline.
Fluid Catalytic Cracker that crack Heavy gasoil into majority gasoline, diesel and heavy fuel oil.
WTI crude will give you so called 3-2-1 crack spread the difference between the cost of three barrels of crude and the sum of two barrels of gasoline plus one barrel of diesel
Recent good news already unable to elevate the share price and demand, what if potential little setback set in along the way. The trend is more or less perceived by the public. Good fundamental stock does not behave such a manner and there will be confidence issue and high alert each spike. The few head crackers who have speculated gloves forecast and led many to disaster still talking thrash here. Let the newbies share more of instead. It's 4. 55 and not 6.55.
sslee Breakeven is a fluid movable point Heavy crude has more energy coz triple and double C=C bonds store more energy Heavy crude can be cheaper than light crude coz more demand by simple refineries without cracker units for light crude Cracker units cost is usally energy [gas] and platinum costs
the maths solution is linear programming to buy different crudes plus breakeven analysis on power and platinum catalyst costs
As I had said before and please allow me to repeat again: I do not have information on HRC hedge position nor the duration of hedged nor whether HRC overhedged or underhedged.
If you wanted to know HRC refined products in year 2021 and 2020 below from annual report:
Wow! Tak habis habis lagi? At least now HYR thread is more balanced with pro and anti supporters, not like in 2018 when everyone promoted the share with no check and balance. Ultimately winner take all, and hopefully loser not losing his under wear........
What should you do? If you read this article carefully, you should know what to do.
Mr Ooi Teik Bee has warned me that he would break his friendship with me if I posted any article to depress the share price of Hengyuan further. That was why I wrote to the Admin of i3investors to withdraw all my previous postings on Hengyuan. Introspect I should not have withdrawn all my postings to encourage readers to sell as soon as possible to save their hard-earned money.
In fact, just a few days ago, on 11th June Mr Ooi sent out his circular letter to encourage all his subscribers to hold on to their Hengyuan shares to win big or to make more money. All his subscribers have been misled. I am one of the victims. That was why I delayed selling all my holdings. Now I regret that I did not sell all my Hengyuan shares earlier. If I sold earlier, I would save some money.
The above is Hengyuan price chart which is showing down trend. Mr Ooi teaches chartings as he is an expert. He should have advised all his subscribers to follow the chart to sell instead of telling them not to sell to win big. The price chart cannot lie. It is a record of the daily trading. Down trend can only mean there are more sellers than buyers every day. I should have followed the price chart which is showing down trend instead of following the advice given by Mr Ooi.
Hengyuan reported reduced EPS of 15.82 sen for the quarter ending March and EPS of 59.9 sen for quarter ending December 2021. As a result, many investors are rushing to sell their holdings.
The daily traded volume is several millions of shares. Even financial institutions or syndicate cannot stop Hengyuan from dropping.
As shown on Hengyuan share price chart above, it started to drop from Rm 7.39 on 19th May to close at Rm 5.05 yesterday. It dropped Rm 2.34 or 32% within 4 weeks. It plunged so rapidly because it reported reduced profit for its quarter ending March 2022.
Its next quarter result ending June might be fantastic. But the result will only be announced before the end of August which is about 2.5 months’ time. At the meantime, every day there are more sellers than buyers to support the share price.
That is why it is dropping continuously. You should know what to do.
Is my friendship with Mr Ooi more important than saving hundreds of investors’ hard warned money?
Bcos 2017 many are superpromoters mah. Today many ex super promoters pun tukar jadi super penkritik mah. Of course will be more balance lah. Haiyoh. Correct?
ks55
Wow! Tak habis habis lagi? At least now HYR thread is more balanced with pro and anti supporters, not like in 2018 when everyone promoted the share with no check and balance. Ultimately winner take all, and hopefully loser not losing his under wear........
uncle blog only tell half true... why on include the calculation for diesel with have high crack spread... Only use the lowest crack spread to determine the HY situation. Not fair..... May be uncle want collect cheap ticket.. ha..ha.. Always like this... uncle style....
Half true also reflected on the share price also leh. Luckily is only half true leh. If fully true then not current price liao lor. Haiyoh. Correct?
lee77
uncle blog only tell half true... why on include the calculation for diesel with have high crack spread... Only use the lowest crack spread to determine the HY situation. Not fair..... May be uncle want collect cheap ticket.. ha..ha.. Always like this... uncle style....
Uncle Koon havent talk about Hedging leh. If he know more about it. Then lagi cham lah. Luckily uncle Koon tak tau cerita hedging leh. Haiyoh. Correct?
You wanted green, you were always happy with red mah........ I was hopping for more, more red....better one time deep cut than wallow away and drying up slowly......but that won't happen since it's moving in 200-300 units only.......
Posted by UlarSawa > 4 minutes ago | Report Abuse Ular so sad today HY takda green lah. Why leh. Bcos Ular tot it will green leh. Haiyoh. Correct?
Uncle takda cerita hedging maybe he not sure about hedging leh. Later he go and learn more hedging then can write more lah. Haiyoh. Correct?
qqq3333
UlarSawa > 55 seconds ago | Report Abuse
Uncle Koon havent talk about Hedging leh. If he know more about it. Then lagi cham lah. Luckily uncle Koon tak tau cerita hedging leh. Haiyoh. Correct? =====
professionals not interested in hedging gains..........unless hedging losses affect the viability and going concern of the company.
As long within 4.20 to 4.80 within this week then it is ok lah. If too near 4.80 then Ular will become penkritik lah. And if too near 4.20 Ular jadi part time promoter lah. Then you all can judi within this range lah. Ular takda judi at here lah. Happy or not pun not really lah. Haiyoh. Correct?
BobAxelrod
You wanted green, you were always happy with red mah........ I was hopping for more, more red....better one time deep cut than wallow away and drying up slowly......but that won't happen since it's moving in 200-300 units only.......
Posted by UlarSawa > 4 minutes ago | Report Abuse Ular so sad today HY takda green lah. Why leh. Bcos Ular tot it will green leh. Haiyoh. Correct?
All happy happy swing swing lah. Apa lagi mau lah. Haiyoh. Correct?
BobAxelrod
You wanted green, you were always happy with red mah........ I was hopping for more, more red....better one time deep cut than wallow away and drying up slowly......but that won't happen since it's moving in 200-300 units only.......
Posted by UlarSawa > 4 minutes ago | Report Abuse Ular so sad today HY takda green lah. Why leh. Bcos Ular tot it will green leh. Haiyoh. Correct?
You takda baca meh. Within this week 4.20 to 4.80 leh. Itu 4.20 to 5.96 is until next QR in the case study lah. Mau tau the different leh. Haiyoh. Correct?
BobAxelrod
Waaa...now ular also know how to change TP and move goal posts...earlier your TP 4.20 to 5.95 kan?...now is 4.20 to 4.80....very tight.....much better feel....
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....
Mikecyc
47,016 posts
Posted by Mikecyc > 2022-09-12 15:44 |
Post removed.Why?