Zhuge, SsLee, now that September is over, we can know the Ave Crack Spread of Diesel, Jet Fuel and Mogas 92, for the months of July, August and Sept. From there, based on Sales of 10.5 mil BOE, should be able to estimate the Gross Profit of Heng Yuan for Q3, not counting Derivative Gain or Loss, as MoGas is hedged at USD 12.70 whereas its Crack Spread is lower. Would it be conservative to estimate nett EPS of RM 2/ share for the Qtr ? Thank You for the effort, as Heng Yuan is very undervalued as people scared of the RM 1bil hedging loss and dont understand that it is just an accounting provision.
Zhuge, SsLee, now that September is over, we can know the Ave Crack Spread of Diesel, Jet Fuel and Mogas 92, for the months of July, August and Sept. From there, based on Sales of 10.5 mil BOE, should be able to estimate the Gross Profit of Heng Yuan for Q3, not counting Derivative Gain or Loss, as MoGas is hedged at USD 12.70 whereas its Crack Spread is lower. Would it be conservative to estimate nett EPS of RM 2/ share for the Qtr ? Thank You for the effort, as Heng Yuan is very undervalued as people scared of the RM 1bil hedging loss and dont understand that it is just an accounting provision.
i3lurker is a sharp shooter, caught qqq3333 on 3 occasions by his balls. Nothing to argue now. I feel very disappointed on this message. Quote !! qqq3333 has no code of ethics, he cons money from Mr Koon. Karma will hit hard on him. The worst part is he conned Mr Koon a lot of money, this money is supposed to be used for scholarship to help students to finish university course in TAR university Perak.
Mr Koon is very worried now on these scholarships promised to all the students. qqq3333 is the ham karn chan here. Unquote !!
These scholarships are very important to all poor students whose parents are earning < 3,000 per month. If these scholarships are withdrawn, many poor students cannot finish their university courses in TAR University Kampar Perak.
Who is the culprits ? It is qqq3333. All readers here must condemn him in this forum, do not let him escape from this responsibility.
Sifu OTB helped Mr Koon to make a few hundred million in 2015 on all furniture stocks and VSI. Likewise Comfort and Supermx in 2020. All records are still in I3, please read them if you are in doubt.
I talk with facts and figures, there are no lies here. ------------------- qqq3333, You have indirectly killed the future of these poor students. Without scholarship, they cannot continue their study in TAR University. You are the culprit in this episode, karma will hit hard on you.
Someone put up this in eagle vision first mover whatsApp group: I don’t even argue with people anymore because, I started to realize that everybody only understands from their level of perception. So now even if you tell me 2+2 equal 10, you’re right! Enjoy. - Elon Musk can’t stop laughing as background picture.
The other day I had opportunity to talk to Mr. Adrian Chai (Group head of DBS). I was complaining on China zero covid policy that causes business slow down and Mr. Chai replied, “If not for China zero covid induce economy slow down, you will be looking at a hyper inflation with crude oil at USD 150-200 by now”
So MM is right, I am still waiting to collect HRC at RM 3.00.
When Hengyuan was under Shell management, the share price always maintained around 10.00 despite the average crack spread was < USD10.00. The average crack spread now is around USD20.00, you tell me the share price will drop to 3.00. The EPS for Q2 2022 is 2.22, PER< 1.00. 2+2 = 10, you are right on the spot. Very sad.
Shell very generous gave high dividend that time leh. HY paid peanut leh. Perception HY only take care major shareholder not take care minority shareholders leh. So PE must be lower leh. Thats why 1.5 to 2.0 only leh. Haiyoh. Correct?
Zhuge_Liang
When Hengyuan was under Shell management, the share price always maintained around 10.00 despite the average crack spread was < USD10.00. The average crack spread now is around USD20.00, you tell me the share price will drop to 3.00. The EPS for Q2 2022 is 2.22, PER< 1.00. 2+2 = 10, you are right on the spot. Very sad.
Expected hibernating and going back to where it should belongs. When the process is complete, you might see a new level. Let's wait for the few indicators and CWs expired first.
By right is possible. By left it will never happen. Their knot tied together since the day they curse each other. No one can untied their knot. Haiyoh. Correct?
Ahahah
@i3lurker I am fully agreed with you. If all of them can stop cursing each other’s, then it is the right time for HRC to move north.
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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....
brightsmart
3,784 posts
Posted by brightsmart > 2022-10-18 17:08 | Report Abuse
by UlarSawa > 1 day ago | Report Abuse
Index dont up apa ctr can up. Haiyoh. Correct?
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don't know lo ................... traders normally buy small cap or mid stocks.