Posted by Sslee > 2022-09-22 07:46 | Report Abuse

GOC1!
LOW SULPHUR GASOIL CRACK SPREAD (1000MT) FINANCIAL FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)NYMEX
44.909
D
USD
−0.161
(−0.36%)

D1N1!
SINGAPORE MOGAS 92 UNLEADED (PLATTS) BRENT CRACK SPREAD FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)NYMEX
3.790
D
USD
+0.816
(+27.44%)

ASD2!
SINGAPORE JET KEROSENE (PLATTS) DUBAI (PLATTS) CRACK SPREAD FUTURES (CONTINUOUS: NEXT CONTRACT IN FRONT)NYMEX
26.028
D
USD
−1.160
(−4.27%)

Posted by sharemarket21 > 2022-09-22 08:52 | Report Abuse

You wouldn't cover a stock performance and future relying heavily on commodities fluctuation but not fundamentally. It will appear only on technical short term write up. When there is no proper coverage, you wouldnt get fund managers to participate. That's why you lost the reinforcement when the share price plunge. That's why it is non rated bond issuance. Basically its only retail and big boys and little men partipation in this stock. That's why you see unqualified little fake researchers here in this room. That's why many got caught and roasting. Oil price back to where it belongs. We shall see the performance of the day.

Posted by Sslee > 2022-09-22 09:11 | Report Abuse

Why can't people understand that HRC is an oil refinery and their profit depend solely on refining margin unlike Hibiscs solely depend on crude oil price movement.

So what is your fundamental assesment on refining margin moving forward?

Posted by BobAxelrod > 2022-09-22 09:17 |

Post removed.Why?

Posted by BobAxelrod > 2022-09-22 09:20 |

Post removed.Why?

Posted by Sslee > 2022-09-22 09:20 | Report Abuse

Compare to last year at this time, what fundamental changes that causes:
Diesel crack spread at USD 44.91
Mogas92 crack spread at USD 3.79
Kero jet spread at USD 26.03


Ytd-September 2021 Gasoline and Kero-Jet cracks strengthened by 110.9% to $9.6/bbl and 52.7% to $3.9/bbl respectively while Diesel crack declined by 21.6% to $6.4/bbl.

Improvement in gasoline and kero-jet cracks is due to increased mobility with the wider vaccineroll-out. Diesel cracks remained weak due to relatively low demand and ample stocks.

Posted by Zhuge_Liang > 2022-09-22 09:26 | Report Abuse

The share price of Exxom = USD90.95
EPS for June 2022 = USD4.21

The share price of MPC = USD94.67
EPS for June 2022 = USD10.95

The share price of Hengyuan = RM4.44
EPS for June 2022 = RM2.22

Do you think the share price of Hengyuan is undervalued ?
If yes, just hold the share and ignore the share price for time being.

FY2022 is the record year for Hengyuan in term of earning or PAT.
Do not miss out this super earning cycle, at least hold Hengyuan for a year to grab this super profit.
It is a life time opportunity.
All share price will move up north as long as the earning is strong.
You need to be a bit patience to wait only.
Hengyuan will not disappoint you.
Investment banks had issued a lot of call warrants, hence there is no coverage on Hengyuan by Investment bank.
By looking at the exercise price of call warrant, you should know that the share price of Hengyuan will perform well in FY2022.

Posted by Jerichomy > 2022-09-22 09:29 |

Post removed.Why?

Posted by Jerichomy > 2022-09-22 09:30 |

Post removed.Why?

Posted by BobAxelrod > 2022-09-22 09:31 |

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Posted by BobAxelrod > 2022-09-22 09:34 |

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Posted by BobAxelrod > 2022-09-22 09:37 |

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Posted by Sslee > 2022-09-22 09:38 | Report Abuse

Just wonder why people like to cut and paste other people comment.
Do he has his own opinion?
Or do he has any question to ask on other people comment?

If you can only swallow other people comment hook, line, and sinker then my advise to you is better put your money in FD.

Posted by BobAxelrod > 2022-09-22 09:40 |

Post removed.Why?

Posted by Zhuge_Liang > 2022-09-22 09:43 |

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Posted by Zhuge_Liang > 2022-09-22 09:46 |

Post removed.Why?

Posted by vinc3362 > 2022-09-22 10:00 | Report Abuse

Sslee

Why can't people understand that HRC is an oil refinery and their profit depend solely on refining margin unlike Hibiscs solely depend on crude oil price movement.

So what is your fundamental assesment on refining margin moving forward?
-----------------------------------------------------------
Shortage of refining capacity is a structural problem and these type of problems are difficult to resolve within the next couple of years.
High refining margins will continue in the near future.

Posted by vinc3362 > 2022-09-22 10:01 | Report Abuse

Sslee

Why can't people understand that HRC is an oil refinery and their profit depend solely on refining margin unlike Hibiscs solely depend on crude oil price movement.

So what is your fundamental assesment on refining margin moving forward?
-----------------------------------------------------------
Shortage of refining capacity is a structural problem and these type of problems are difficult to resolve within the next couple of years.
High refining margins will continue in the near future.

Posted by vinc3362 > 2022-09-22 10:02 | Report Abuse

For those who can't see and want to sell, please do it ASAP.

Posted by BobAxelrod > 2022-09-22 10:05 | Report Abuse

Wow!.....grandfather telling us how to invest with our money.......

Posted by BobAxelrod > 2022-09-22 10:06 |

Post removed.Why?

Posted by sharemarket21 > 2022-09-22 10:09 |

Post removed.Why?

Posted by vinc3362 > 2022-09-22 10:11 | Report Abuse

BobAxelrod

THIS IS AN OPEN FORUM. YOU SHOULD STICK TO POSTING YOUR FACTS AND FIGURES.....POSITIVE OR NEGATIVE.....NEVER TELL OR ASK PEOPLE TO BUY OR SELL.......LEAST OF ALL TELLING PEOPLE TO GET OUT???? WTF!!!!
-------------------------------------
Didn't you say this is an open forum. So WTF you telling me what to post.

Posted by BobAxelrod > 2022-09-22 10:12 |

Post removed.Why?

Posted by vinc3362 > 2022-09-22 10:15 | Report Abuse

Can't you see it is a sarcastic post. Most eediotic comment and screwed up post by yourself

Posted by IshraaqNor > 2022-09-22 10:18 | Report Abuse

US inventori minyak jatuh kepada 1.142M barrels berbanding dengan 2.4M barrels minggu lepas

https://www.investing.com/economic-calendar/eia-crude-oil-inventories-75

Posted by Investing_Bursa > 2022-09-22 11:08 | Report Abuse

Hibiscus 92.5 ! Lol….. let’s break 90

Posted by hng33 > 2022-09-22 11:52 | Report Abuse

Refiner profitability dependent on triple parameters.

1. Average crack spread - Q3 crack spread is lower than Q2, but still much higher than breakeven cost
2. Stockholding gain/loss- Q3 crude oil is lower than Q2 by about USD 10/barrel, so, Q3 will incur 1 month stockholding volume loss -USD 10/barrel
3. Hedging/swap contract - Depending on contract expire date or timing of settlement

Remark: All in, EPS in Q3 result is expect to lower than than Q2, but will still higher than corresponding Q3 last year

Posted by hng33 > 2022-09-22 12:13 | Report Abuse

Also reminder to all hengyuan shareholder, that hengyuan refinary plant will under major 5 year plan shutdown for maintainance in early 2023. If you plan to hold for 1 year or more, please take note of it ya

Posted by Sslee > 2022-09-22 12:41 | Report Abuse

HRC MTA on year 2018.
The results of the current quarter and cumulative period ended 30 September 2018 reflect
the scheduled production downtime and operating expenditure to deliver the Major
Turnaround 2018 (MTA 2018), which commenced on 6 August and was completed on 21
October.

Posted by hng33 > 2022-09-22 12:44 | Report Abuse

After 2018, next 5 year major shutdown maintenance is next year 2023

Posted by hng33 > 2022-09-22 12:54 | Report Abuse

The schedule is early 2023 according to annual report

Posted by Sslee > 2022-09-22 13:13 | Report Abuse

qqq3,
How is your Hibby doing? Already cut win or cut loss?

Posted by hondacity > 2022-09-22 13:26 | Report Abuse

https://www.reuters.com/article/china-oil-imports-idAFL4N30R20F

Posted by Jerichomy > 2022-09-22 16:21 |

Post removed.Why?

Posted by Jerichomy > 2022-09-22 16:23 |

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Posted by Jerichomy > 2022-09-22 16:25 |

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Posted by param1 > 2022-09-22 18:03 | Report Abuse

MASUKKKK

Posted by soonning65 > 2022-09-22 18:08 | Report Abuse

Starting to move?

Posted by MoneyMakers > 2022-09-22 20:00 | Report Abuse

US fed rate hike bloodbath finish

Nxt bloodbath: div xdate nxt week (bad fundamental stock always collapse after xdate)

Posted by StartOfTheBull > 2022-09-22 21:02 | Report Abuse

I remember MM was promoting Hibiscus, right?

Posted by tehka > 2022-09-22 21:04 | Report Abuse

daily candle today look like a harami cross. is the downtrend about to reverse?

Posted by Zhuge_Liang > 2022-09-22 21:32 |

Post removed.Why?

Posted by probability > 2022-09-22 21:37 | Report Abuse

expect crack spread to strengthen further tomorrow

Posted by probability > 2022-09-22 21:43 | Report Abuse

Diesel at 46% yield, at today's crack USD 44.9/brl

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

Gross margin from Diesel alone

= (10.7 million barrels/qtr x 46% yield) x (44.9 USD/brl) x (MYR 4.55/USD)
= 1005 million MYR ....


PBT = 925 million
PAT = 703 million
EPS = 2.34

Posted by Investing_Bursa > 2022-09-22 21:57 | Report Abuse

https://www.usatoday.com/story/news/nation/2022/09/21/hurricane-gulf-mexico-next-week/8071958001/

Posted by Ahahah > 2022-09-22 22:25 | Report Abuse

I found this article for you: - https://www.investing.com/news/commodities-news/exxon-mobil-shuts-fossurmer-refinery-in-france-due-to-strike-2897206

Posted by sharemarket21 > 2022-09-22 23:33 | Report Abuse

78-80 per barrel. Forward looking 3.83 - 3.96 if the commodity play taken into account. Be very cautious with the entry investment unless Bursa value setting in and RM start strengthening. Be patient and let's wait for the lowest entry level if one strongly believe oil is softening. Vice versa.

Posted by Jerichomy > 2022-09-23 00:38 |

Post removed.Why?

Posted by sharemarket21 > 2022-09-23 01:37 | Report Abuse

Whatever and as long as you are happy dude. You have improved too, cuss less and less whinning. Should have sold earlier since so educated and good background but stubborn. It's open wet market forum, no one really cares and don't expect too much, end of the day is to protect our hard-earned income. We don't need good IQ to deal with the amateurs or scammers in this particular room. 10000 times better also still roasterateratinggg. The end result and current price have spoken. It's 4.39 and not 14.39. Just prove once that we are wrong. You can't ? 2 long months here dude. Stil the storm is coming.