Posted by Mikecyc > 2022-09-15 16:59 |

Post removed.Why?

Posted by UlarSawa > 2022-09-15 16:59 |

Post removed.Why?

Posted by Mikecyc > 2022-09-15 17:01 |

Post removed.Why?

Posted by UlarSawa > 2022-09-15 17:01 |

Post removed.Why?

Posted by UlarSawa > 2022-09-15 17:04 |

Post removed.Why?

Posted by Zhuge_Liang > 2022-09-15 17:07 |

Post removed.Why?

Posted by Mikecyc > 2022-09-15 17:07 |

Post removed.Why?

Posted by Mikecyc > 2022-09-15 17:10 |

Post removed.Why?

Posted by UlarSawa > 2022-09-15 17:11 |

Post removed.Why?

Posted by Zhuge_Liang > 2022-09-15 17:12 |

Post removed.Why?

Posted by UlarSawa > 2022-09-15 17:13 |

Post removed.Why?

Posted by Sslee > 2022-09-15 17:16 | Report Abuse

qqq3,
Dayang hari ini tak ada naik.
Armada hari ini naik 2 sen
go go go Armada.

Mike,
How is Armada TA?

Posted by UlarSawa > 2022-09-15 17:20 |

Post removed.Why?

Posted by Mikecyc > 2022-09-15 17:23 |

Post removed.Why?

Posted by Mikecyc > 2022-09-15 17:25 |

Post removed.Why?

Posted by Mikecyc > 2022-09-15 17:27 |

Post removed.Why?

Posted by UlarSawa > 2022-09-15 17:34 |

Post removed.Why?

Posted by UlarSawa > 2022-09-15 17:49 |

Post removed.Why?

Posted by UlarSawa > 2022-09-15 17:58 | Report Abuse

Enuf to ahmoing over the long weekend. Haiyoh. Correct?


deMusangking

betul dari Heng, beli 4.61, jual 4.69!

7 minutes ago

Posted by Jerichomy > 2022-09-15 18:08 |

Post removed.Why?

Posted by probability > 2022-09-15 18:50 | Report Abuse

Q3 - Rock bottom EPS analysis

(using lowest possible average crack spread during the period - as if it was this level every single day of 90 days in a quarter)
.........................

Using extreme conservative scenario where 50% of HY throughput is hedged where they will only reflect hedge margin at extra low 10 USD/brl, with the balance free to capture market margin

1. Diesel at 46% yield, cracks USD 39/brl

www.tradingview.com/symbols/NYMEX-GZ1!/

2. Jet fuel at 7% yield, cracks USD 29/brl

www.tradingview.com/symbols/NYMEX-ASD1!/

3. Gasoline at 35% yield, cracks USD 7/brl

www.tradingview.com/symbols/NYMEX-D1N1%21/
www.tradingview.com/symbols/NYMEX-SMU1!/

3. Rest of product yield at 12%, using Mogas 95 cracks USD 7/brl

Gross profit from (Hedged) portion:
..............................

= (10.7 million x 50%) x (10 USD/brl) x (MYR 4.5/USD)
= 240 million MYR .....(1)



Gross profit (UN-HEDGED) portion:
............................

Refining margin/brl:

= (0.46 x 39) + (0.07 x 29) + (0.35 x 7) + (0.12 x 7)
= (17.9 + 2.0 + 2.5 + 0.8)
= US $ 23.2 / brl

Gross profit:
= (10.7 million x 50%) x (23.2 USD/brl) x (MYR 4.5/USD)
= 558 million MYR ......(2)



Total gross profit (1) + (2)
= 240 + 558
= 798 million MYR

PBT = 718 million
PAT = 545 million
EPS = 1.81

Posted by probability > 2022-09-15 18:50 | Report Abuse

Cost of Hedging Reserve at above mark-to-market pricing was 100 million gain at end of Q1.

As such for Q3 results, NTA will increase RM 4 assuming closing of Q3 (30th Sep) is at above crack spread level...

Posted by Rabbit2 > 2022-09-15 18:52 | Report Abuse

@Probability. Welcome back!

Posted by Mikecyc > 2022-09-15 19:30 |

Post removed.Why?

Posted by Mikecyc > 2022-09-15 19:31 |

Post removed.Why?

Posted by Mikecyc > 2022-09-15 19:32 |

Post removed.Why?

Posted by Mikecyc > 2022-09-15 19:44 |

Post removed.Why?

Posted by Mikecyc > 2022-09-15 19:48 |

Post removed.Why?

Posted by Mikecyc > 2022-09-15 19:54 |

Post removed.Why?

Posted by AlsvinChangan > 2022-09-15 20:04 | Report Abuse

SOON people will post messages selling chicken or massage services in I3investor

WHY should advertiser spent money in I3investor

Posted by Mikecyc > 2022-09-15 20:38 |

Post removed.Why?

Posted by Mikecyc > 2022-09-15 20:57 |

Post removed.Why?

Posted by Mikecyc > 2022-09-15 21:06 |

Post removed.Why?

Posted by Mikecyc > 2022-09-15 21:15 |

Post removed.Why?

Posted by Mikecyc > 2022-09-15 21:21 |

Post removed.Why?

Posted by Mikecyc > 2022-09-15 21:27 |

Post removed.Why?

Posted by UlarSawa > 2022-09-15 21:49 | Report Abuse

Cham lah. Here refinery tak laku. All talk about other OnG ctrs. Ada Bungaraya ada Armada ada Velesto ada Dayang ada Bungaraya. No wonder HY no volume lah. Haiyoh. Correct?

Posted by Mikecyc > 2022-09-15 22:01 |

Post removed.Why?

Posted by Mikecyc > 2022-09-15 22:12 |

Post removed.Why?

Posted by Mikecyc > 2022-09-15 22:18 |

Post removed.Why?

Posted by Mikecyc > 2022-09-15 22:31 |

Post removed.Why?

Posted by Mikecyc > 2022-09-15 22:33 |

Post removed.Why?

Posted by Mikecyc > 2022-09-15 22:35 |

Post removed.Why?

Posted by Mikecyc > 2022-09-15 22:55 |

Post removed.Why?

Posted by UlarSawa > 2022-09-15 23:13 | Report Abuse

Look like few days at here pun sama juga. Buang masa tikam each other kah. Come come join ular tikam koboi sana. Boleh?

Posted by Jerichomy > 2022-09-15 23:22 |

Post removed.Why?

Posted by Jerichomy > 2022-09-15 23:24 |

Post removed.Why?

Posted by Mikecyc > 2022-09-15 23:32 |

Post removed.Why?

Posted by Mikecyc > 2022-09-15 23:32 |

Post removed.Why?

Posted by Jerichomy > 2022-09-15 23:33 |

Post removed.Why?