Posted by Sslee > 2022-09-20 09:00 | Report Abuse

By end of Sept 2022, you are free to fill in Gasoil, Mogas92, Jet-fuel crack spread and make your guesstimate what will be Refining margin assets and liabilities for Q3 end 30/09/22.

31/12/2021
Gasoil crack spread: USD 11.703
Mogas92 crack spread: USD 11.210
Jet-fuel crack spread: USD 10.456
Refining margin swap contracts Notional value: USD 280,487,000
Assets: RM 19,663,000
Liabilities: RM (187,074,000)

31/03/2022
Gasoil crack spread: USD 33.169
Mogas92 crack spread: USD 14.845
Jet-fuel crack spread: USD 22.131
Refining margin swap contracts Notional value: USD 291,009,000
Assets: RM 45,186,000
Liabilities: RM (339,510,000)

30/0620/22
Gasoil crack spread: USD 56.125
Mogas92 crack spread: USD 31.578
Jet-fuel crack spread: USD 41.964
Refining margin swap contracts Notional value: USD 226,945,000
Assets: RM 261,065,000
Liabilities: RM (1,751,332,000)

30/09/2022
Gasoil crack spread: USD___
Mogas92 crack spread: USD___
Jet-fuel crack spread: USD___
Refining margin swap contracts Notional value: USD___
Assets: RM___
Liabilities: RM_____

Posted by BobAxelrod > 2022-09-20 09:09 |

Post removed.Why?

Posted by BobAxelrod > 2022-09-20 09:15 |

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Posted by BobAxelrod > 2022-09-20 09:19 | Report Abuse

Didn't we see your balls shrank and you cried in a corner when it fell to 4.39 yesterday?

Posted by BobAxelrod > 2022-09-20 09:30 |

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Posted by BobAxelrod > 2022-09-20 09:37 | Report Abuse

Unbelievable! after 35 minutes, PetronM still ZERO units done........let's look at Insas...wow! Zero too....these are the high and mighty?...Untouchables???

Posted by Mikecyc > 2022-09-20 09:52 |

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Posted by BobAxelrod > 2022-09-20 10:07 | Report Abuse

4.41....his balls shrinking again.....hehehe

Posted by BobAxelrod > 2022-09-20 10:20 |

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Posted by Zhuge_Liang > 2022-09-20 10:20 | Report Abuse

The share price was maintained around 10.00 between 2005 to 2012 under Shell management.
During that time, the profit is not so big like FY2022.
Under Shangdong Hengyuan, this company made more money than shell, but the share price is 50% off.

A stock making annual EPS of 6.00 to 7.00, a PER < 2, the share price is at 4.41.
Real sad.

Posted by UlarSawa > 2022-09-20 10:21 | Report Abuse

Wei what wrong ular TP 4.20 to 5.96 still not wrong leh. Haiyoh. Correct?

qqq3333

ular 4.50 broke already..............so u are wrong...........qqq still can be right, 4 is coming.

24 minutes ago

Posted by IshraaqNor > 2022-09-20 10:21 | Report Abuse

Kaunter ni perlu ada pemangkin yang kuat...

Posted by UlarSawa > 2022-09-20 10:24 | Report Abuse

Belum pecah 4.20 why said wrong. Takda wrong leh. Swing lah. Pecah 4 baru cakap. Itu MM cakap pecah 4.00 pun sudah 2 weeks liao kah. Mana ada hit lah. Mau caya PE 1.5 to 2.0 is the safest bet until next QR leh. You believe or not up to you lah. No obligation one lah. Haiyoh. Correct?

Posted by UlarSawa > 2022-09-20 10:27 |

Post removed.Why?

Posted by BobAxelrod > 2022-09-20 10:30 | Report Abuse

Ooppssss!..........did you blink?...4.38 now...balls shrunk smaller yet...

Posted by BobAxelrod > 2022-09-20 10:31 |

Post removed.Why?

Posted by BobAxelrod > 2022-09-20 10:33 |

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Posted by UlarSawa > 2022-09-20 10:40 | Report Abuse

Walao you Cw hangus kah. Haiyoh. Correct?

BobAxelrod

Wow!...4.34.......this mf is dragging my Warrants down too..

6 minutes ago

Posted by UlarSawa > 2022-09-20 10:41 | Report Abuse

Sudah cakap mah. Dont play cw lah. Banker is not santa claus leh. Haiyoh. Correct?

Posted by BobAxelrod > 2022-09-20 10:42 | Report Abuse

Bursa Red...this fella is Red
Bursa Green, he is Red
Bursa Yellow, he's also Red
Bursa Purple, he wants Red
Bursa White, he keeps going Red....

Posted by UlarSawa > 2022-09-20 10:43 | Report Abuse

Will pecah 4.30 hope not 4.20 lah. Sudah kasi 10sen discounted to 4.30 leh. Haiyoh. Correct?

Posted by BobAxelrod > 2022-09-20 10:43 | Report Abuse

My CW all Free one, sold earlier to collect back Capital + some loose change....

Posted by UlarSawa > 1 minute ago | Report Abuse

Walao you Cw hangus kah. Haiyoh. Correct?

Posted by UlarSawa > 2022-09-20 10:44 | Report Abuse

Ok. Foc then is ok. Haiyoh. Correct?

BobAxelrod

My CW all Free one, sold earlier to collect back Capital + some loose change....

Posted by UlarSawa > 1 minute ago | Report Abuse

Walao you Cw hangus kah. Haiyoh. Correct?

19 seconds ago

Posted by BobAxelrod > 2022-09-20 10:44 | Report Abuse

Sslee did the same, he also sold and now holding Free CW

But his HY mother cost is unknown......

Posted by hng33 > 2022-09-20 10:44 | Report Abuse

Hengyuan share price finally normalize back to pre-limit up level at RM 4.30. But, no hurry, still have 2 month time grace period to re enter back if cycle repeat that share price move up a week ahead before Q result release end of Nov.

In the meantime, just monitor closely crack spread for gasoline, gasoil and kerosene in next 2 month. The most important guide is whether gasoil and kerosene crack can sustain, or follow gasoline crack normalize back in next 2 month. Opt right timing to re-enter to avoid sudden reversal crack spread risk.

Posted by UlarSawa > 2022-09-20 10:46 | Report Abuse

For goodness sake you dont be a promoter cerita facts n figures as you are kakijudi leh. Will mislead other leh. As you cutwin or cutloss follow you gut feeling leh. Haiyoh. Correct?


hng33

Hengyuan share price finally normalize back to pre-limit up level at RM 4.30. But, no hurry, still have 2 month time grace period to re enter back if cycle repeat that share price move up a week ahead before Q result release end of Nov.

In the meantime, just monitor closely crack spread for gasoline, gasoil and kerosene in next 2 month. The most important guide is whether gasoil and kerosene crack can sustain, or follow gasoline crack normalize back in next 2 month. Opt right timing to re-enter to avoid sudden reversal crack spread risk.

5 seconds ago

Posted by BobAxelrod > 2022-09-20 10:47 |

Post removed.Why?

Posted by hng33 > 2022-09-20 10:49 | Report Abuse

Coming Nov is critical time as winter season reach coldest. Monitor whether EU situation, whether or not will reach deal with Russian to resume gas supply as Ukranie war may temporary easefire. Iran nuclear deal and easefire could press down gasoil crack spread

Posted by BobAxelrod > 2022-09-20 10:52 |

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Posted by BobAxelrod > 2022-09-20 10:52 | Report Abuse

4.44...now 4.31...cut kuku already?...hehehe
Just joking, he only buys 500-1000 units.

Posted by UlarSawa > 2022-09-20 10:52 |

Post removed.Why?

Posted by Sslee > 2022-09-20 10:54 | Report Abuse

Hng33 is now advance to a new level of timing his betting with both eye closely monitor crack spread for gasoline, gasoil and kerosene in next 2 month. The most important guide is whether gasoil and kerosene crack can sustain.

Posted by hng33 > 2022-09-20 10:56 | Report Abuse

Sslee

This is strategy when deal with cyclical stock

Posted by UlarSawa > 2022-09-20 10:56 |

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Posted by hng33 > 2022-09-20 10:57 | Report Abuse

Buy and hold is not applicable on cyclical stock

Posted by UlarSawa > 2022-09-20 11:01 | Report Abuse

Sometime you are contradicting yourself. You said so n so is good but your heart just say no. He is wrong and you dont follow his action. Then you said he is good for what leh. Good then must follow his action mah. He cutwin why you still holding leh. Really tak faham leh. You said he is good again bcos he now said something you like to hear izzit. Haiyoh. Correct?

Posted by BobAxelrod > 2022-09-20 11:07 |

Post removed.Why?

Posted by BobAxelrod > 2022-09-20 11:09 |

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Posted by sharemarket21 > 2022-09-20 11:09 | Report Abuse

Expected and let's wait for more reliable signs while it is still drifting directionless. Be resilient and just get mentally prepared when there comes the quick opportunity.

Posted by Sslee > 2022-09-20 11:09 | Report Abuse

Ular,
At lease Hng33 know what he is doing unlike MM only repeating his broken record.

Posted by BobAxelrod > 2022-09-20 11:11 | Report Abuse

The word should be "Attempt to know" what he's doing....hehehe

Posted by Zhuge_Liang > 2022-09-20 11:13 |

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Posted by UlarSawa > 2022-09-20 11:14 | Report Abuse

Company borrow money is good kah. If good then price should be green not red already leh. Haiyoh. Correct?


BobAxelrod

LOL.....you mean the bankers are going to pull back their Letter of Approval after Loan Agreements are signed????

Kids....heavy sigh!

34 seconds ago

Posted by BobAxelrod > 2022-09-20 11:15 |

Post removed.Why?

Posted by UlarSawa > 2022-09-20 11:16 | Report Abuse

Facts n Figures not tally with share price movement then something wrong with the figures kah. Haiyoh. Correct?


qqq3333

no use if facts and figures too convoluted

19 seconds ago

Posted by BobAxelrod > 2022-09-20 11:16 | Report Abuse

Oh Ular, how I wish my Banker would approve my $50 million loans.........don't you?

Posted by UlarSawa > 2022-09-20 11:17 | Report Abuse

HQ wont be so generous lah. Garanti the loan kah. Later anything wrong have to pay one leh. Haiyoh. Correct?


qqq3333

5 billion come with HQ support....then bankers agree

29 seconds ago

Posted by BobAxelrod > 2022-09-20 11:17 | Report Abuse

You belum tau "Money makes money" meh????

Posted by BobAxelrod > 2022-09-20 11:18 |

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Posted by UlarSawa > 2022-09-20 11:20 | Report Abuse

Personal loan kah. You got asset to back or not. Banker scare you win at the end and no need to pay back leh. Thats when you surrendered you IC you win leh. Haiyoh. Correct?

BobAxelrod

Oh Ular, how I wish my Banker would approve my $50 million loans.........don't you?

3 minutes ago