Posted by sharemarket21 > 2022-09-28 15:44 | Report Abuse

Bursa is the investment and trading avenues for all type of investors. For this stock, it's very obvious commodities play and heavily depending on the price fluctuation lead to better revenues and share price performance. This is straight forward speculation counter and the recent performance behavior says it all. One must not insist this is reliable fundamental stock or sector which lead to the wrong perception out there. There is no such term stating long term investment is noble than any forms of investment via speculation. That's why existing stock holders are suffering massive paper losses believing into the factual versus forward looking market perception and failed to cash out when the hype was over. Yes the cycle might come back but only the investors who owned the lowest price will see it through.

Posted by Sslee > 2022-09-28 15:48 | Report Abuse

Yesterday crack spread as below:
So is Crack spread collapsing??????

GOC1!
LOW SULPHUR GASOIL CRACK SPREAD (1000MT) FINANCIAL FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)NYMEX
45.985
D
USD
+0.412
(+0.90%)


ASD2!
SINGAPORE JET KEROSENE (PLATTS) DUBAI (PLATTS) CRACK SPREAD FUTURES (CONTINUOUS: NEXT CONTRACT IN FRONT)NYMEX
27.180
D
USD
+3.414
(+14.37%)

D1N1!
SINGAPORE MOGAS 92 UNLEADED (PLATTS) BRENT CRACK SPREAD FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)NYMEX
3.520
D
USD
−0.075
(−2.09%)

With diesel crack spread USD 45.985 per barrel and jet fuel crack spread of usd 27.180 HRC making ton of money in Q3.

With mogas92 crack spread of USD 3.414 per barrel, HRC making realized and unrealized mogas refining margin swap contracts derivatives gain in Q3 and beyond

Posted by UlarSawa > 2022-09-28 16:22 | Report Abuse

OLD NEWS ALREADY




MoneyMakers

BREAKING NEWS: Donbas referendum shows overwhelming majority to JOIN Rus

P/s: war almost over

3 minutes ago


MoneyMakers

Early WARNING - yesterday US market break new low + J.Powell give speech today

Ready US market crash tonite

3 minutes ago

Posted by UlarSawa > 2022-09-28 16:33 | Report Abuse

Volodymyr Zelenskiy vows to liberate the entire country as Russia presses on with its supposed referendum in occupied areas of Ukraine. The Ukrainian president said the country’s armed forces would throw out Russia’s forces and retaliate against “every strike of the aggressor”.

Posted by Sslee > 2022-09-28 16:34 | Report Abuse

qqq3,
HRC Q2 finamcial report
Revenue: RM 6,894 million
Inventories: RM 2,142 million
Mean HRC inventoriies turn over is about 1 month.

So may I ask where you get the information:
charge to cost of manufacturing is price of crude of 2 or 3 months ago????

Posted by UlarSawa > 2022-09-28 16:34 | Report Abuse

The Russian Orthodox Church head says Russian soldiers who die on the battlefield will have their sins absolved. Patriach Kirill – a close ally of President Vladimir Putin and a staunch supporter of the Ukraine invasion – said the “sacrifice washes away all sins”.

Posted by UlarSawa > 2022-09-28 16:36 |

Post removed.Why?

Posted by UlarSawa > 2022-09-28 16:37 | Report Abuse

Where got sign of war is ending soon. Haiyoh. Correct?


The US pledges to provide Ukraine with $457.5m in civilian security aid. The support is aimed at “saving lives” and “bolstering” Ukrainian law enforcement, secretary of state Antony Blinken said.

Posted by UlarSawa > 2022-09-28 16:38 | Report Abuse

OLD News lah


MoneyMakers

BREAKING NEWS: Donbas referendum shows overwhelming majority to JOIN Rus

P/s: war almost over

19 seconds ago

Posted by upshare > 2022-09-28 16:54 | Report Abuse

If war is over... car still moving..

Posted by i3lurker > 2022-09-28 17:17 | Report Abuse

no need to draw skeleton lah

Modus Operandi =>
buy later when RM3.00

when RM7.00 ....... FORCE sslee to buy

QED

Posted by Vicky > 2022-09-28 17:20 | Report Abuse

As mentioned by Dr. Doom everything dies when a nuclear bom is dropped. Regardless HY or how good is the company. Red alert reduce portfolio and safe your cash when market crash towards end of 2022. The worst is yet to come. 3 more months blood bath to the end. Who ever holds will loose. Survival of the fittest. See you soon in the next market bottom.

Posted by Sslee > 2022-09-28 17:33 | Report Abuse

qqq3,
Inventories mean stocks in site storage tanks plus sailing stocks for which titles have passed to HRC.

Posted by Sslee > 2022-09-28 17:44 | Report Abuse

i3lurker,
No worries, I will also buy later when RM 3.00.

Posted by Sslee > 2022-09-28 17:49 | Report Abuse

qqq3,
Why need insider information when mogas, gasoil and jet fuel crack spread are public information?

So do you need to teh tarik with CEO or CFO of Hibby to know what is crude oil selling price?

Posted by tehka > 2022-09-28 18:09 | Report Abuse

You buy dayang because of stock market tips from friend of a friend of a friend of a friend?? @@

Posted by Bruce_Wayne > 2022-09-28 18:10 | Report Abuse

Ding3.

Oil price collapsing.

Sabah state will suspend Hibiscus' permit this weekend. Drilling rigs off Sabah will shut down.

Inflated administrative and other taxes aimed towards tax evasion of fake revenue will be disallowed by LHDN.

Hibiscus Target Price:

Plunging oil prices + unpaid income taxes + unpaid sales taxes + work permits to be revoked + dodgy financials = 0.30 target price

Sekian

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Posted by $$ BUYSELL $$ > 2022-09-28 19:49 | Report Abuse

everyday down still no brake, tomorrow maybe up 10 cents next week down again because journey it is going down hill.

Posted by tehka > 2022-09-28 20:02 | Report Abuse

https://www.bloomberg.com/news/articles/2022-09-27/france-is-hit-by-strikes-over-pay-at-multiple-oil-refineries

Posted by yamitsu > 2022-09-28 20:34 | Report Abuse

https://www.reuters.com/article/global-oil-idAFL1N30Y2X6

Posted by yamitsu > 2022-09-28 20:39 | Report Abuse

https://www.google.com/amp/s/www.bnnbloomberg.ca/china-s-top-refiners-see-better-outlook-in-possible-boost-to-oil-1.1824728.amp.html

Posted by UlarSawa > 2022-09-28 20:54 | Report Abuse

Haiyoh why so many post removed why at here. Itu siapa punya kerja. Cafe Boss macai macai again kah. Haiyoh. Correct?

Posted by qqq3333Coward > 2022-09-28 22:47 | Report Abuse

I qqq3333 is a Coward or Pengecut. I dare not scold sifu Ooi anymore.I am really bo lam pa

Posted by UlarSawa > 2022-09-28 22:49 | Report Abuse

How Warren Buffett's Berkshire Hathaway Lost Nearly $44 Billion in Q2





Berkshire posted a massive net loss in Q2 -- but it was only on paper.
The company recorded an unrealized investment loss of $66.9 billion.
Three stocks were the biggest culprits behind the loss -- Apple, Bank of America, and American Express.

Posted by qqq3333 > 26 minutes ago | Report Abuse

the world has changed a lot.... Warren buffet cannot survive in this new world

Posted by UlarSawa > 2022-09-28 22:50 | Report Abuse

I think rm3.80 come first. Haiyoh. Correct?


Posted by qqq3333 > 2 minutes ago | Report Abuse

ular referee.........which come first...................3.50 or 4.50.....................place your bets.

I say 3.50.

Posted by sharemarket21 > 2022-09-28 22:53 | Report Abuse

Remember to cash out promptly if technical spike start earlier the next day due to oil sentiment. Only you have accumulated small position from 4 - 4.13. We shall see the strength whether it's tandem with oil technical recovery above 80. Some force selling as well.

Posted by UlarSawa > 2022-09-28 22:54 | Report Abuse

Option C is Sifu punya TP lah. Haiyoh. Correct?


Posted by qqq3333 > 35 seconds ago | Report Abuse

UlarSawa

I think rm3.80 come first. Haiyoh. Correct?
======

only A or B , no C option.

Posted by UlarSawa > 2022-09-28 22:57 | Report Abuse

Due to too many Cafe Boss Macai mari kacau kacau. Ular will revise the PE to 1.3 to 2.0. Boleh?