Posted by Sharewire > 2022-10-25 13:50 | Report Abuse

At the rate geely dropping and you can buy cheaper at 2.30hkd.Another 70% drop.
Khazanah will lounch take over proton by buying mother geely cheaply at 10billion marketcap

Posted by UlarSawa > 2022-10-25 14:03 | Report Abuse

Khazanah buy proton also useless. They mana tau make car leh. Within few years proton pun mau banklap lah. Haiyoh. Correct?

Sharewire

At the rate geely dropping and you can buy cheaper at 2.30hkd.Another 70% drop.
Khazanah will lounch take over proton by buying mother geely cheaply at 10billion marketcap

11 minutes ago

Posted by BobAxelrod > 2022-10-25 14:13 |

Post removed.Why?

Posted by sharemarket21 > 2022-10-25 15:21 | Report Abuse

Expected. There must be a reason they visited the range. Stop listening to those already roasted and still roasting post price action comment. Focus and do what you want when the time comes.

Posted by thesteward > 2022-10-25 15:38 | Report Abuse

What happened

Posted by brightsmart > 2022-10-25 15:54 |

Post removed.Why?

Posted by Zhuge_Liang > 2022-10-25 15:56 |

Post removed.Why?

Posted by hng33 > 2022-10-25 16:19 | Report Abuse

Use margin line, added all to hengyuan at 4.13-4.15

Posted by niktraderinvestor > 2022-10-25 16:29 | Report Abuse

Hahahahahahahaha

Posted by hng33 > 2022-10-25 16:29 | Report Abuse

Accumulation completed today with fullly invested capital + all margin line.

Top 3 holding are 1. Hengyuan, 2. Bumi Armanda, 3. PetronM

Posted by brightsmart > 2022-10-25 17:00 | Report Abuse

aa

Posted by i3lurker > 2022-10-25 17:00 | Report Abuse

HRC at 4.00 ... Small Dicks already 40% profits

laughing all the way to bank and you asked what happened ?
means you bought at 4 plus when Small Dicks selling?

Posted by i3lurker > 2022-10-25 17:18 | Report Abuse

oil is forecast to drop fantastically in 2023 to low 80s

for WTI oil forecast for 2023 is fantastically low at low 70s

main reason is the HUGE number of oil fields and shale forecast to come online in 2023.

well its a Boom Bust Business, you already know that ...

after the lovin ... ... is the cryin

Posted by i3lurker > 2022-10-25 17:20 | Report Abuse

whatever magic that the Small Dicks wanna do ... ... they are running out of time

Posted by BobAxelrod > 2022-10-25 17:55 |

Post removed.Why?

Posted by i3lurker > 2022-10-25 18:26 | Report Abuse

Gas prices in Europe are down by more than 70%

Hang Seng is down by more than 50%

Posted by BobAxelrod > 2022-10-25 18:34 |

Post removed.Why?

Posted by i3lurker > 2022-10-25 18:35 | Report Abuse

Crude is dropping just as fast as Tesla, now at 83.33, this price action synchronizes with forecast 2023 prices.

of course there is totally no reason why diesel crack should not be 83.33 when crude is 83.33

Posted by BobAxelrod > 2022-10-25 18:46 |

Post removed.Why?

Posted by BobAxelrod > 2022-10-25 18:49 |

Post removed.Why?

Posted by BobAxelrod > 2022-10-25 18:52 |

Post removed.Why?

Posted by BobAxelrod > 2022-10-25 18:53 |

Post removed.Why?

Posted by i3lurker > 2022-10-25 19:25 | Report Abuse

your BFF Jamie says "The American consumer will run out of money in mid 2023"
when that happens
Apple drops
Oil drops
Tesla drops
balls drops

Expert Investment Head says DJ S&P500 will go up until earnings drop early 2023
when that happens
Apple drops
Oil drops
Tesla drops
balls drops

Posted by BobAxelrod > 2022-10-25 19:35 |

Post removed.Why?

Posted by Ahahah > 2022-10-25 19:36 | Report Abuse

When will Q3 result out? Anyone know?

Posted by BobAxelrod > 2022-10-25 19:39 | Report Abuse

Guessing 25th or 29th November for Q3 release.

Posted by BobAxelrod > 2022-10-25 19:52 |

Post removed.Why?

Posted by i3lurker > 2022-10-25 21:03 | Report Abuse

Bob

thats like you telling me you have a Sdn Bhd worth RM1 Trillion
you are selling 100 shares in the RM1 Trilllion ASSet Sdn Bhd and will charge me RM0.01 per share

so do you think I will pay 1 sen to Bob and I keep this Trillion NTA ASSets Sdn Bhd for next 1,000 years ?
and for next 1,000 years my descendants never ever get a single sen of dividend from this RM Trillion company?

=> 1 sen wasted on RM Trillion NTA company.

so do you think I will be so silly to pay 1 sen to Bob?
I wun even bother to waste my saliva by spitting on Bob

This is the basis of many Macau Scams

Posted by i3lurker > 2022-10-25 21:13 | Report Abuse

5,000,000,000 X say 5% = RM250 Million per year

aka RM21 Million per month on an ancient creaking refinery abandoned by Shell

Posted by UlarSawa > 2022-10-25 21:48 | Report Abuse

Haiyoh all so bearish talking at here kah. Ular tikam koboi ctr again. See can get kfc lagi kah. Haiyoh. Boleh?

Posted by brightsmart > 2022-10-25 21:51 | Report Abuse

bearish? not bearish................................ I will make money from now to end of year...................

Posted by cactus81 > 2022-10-25 21:51 | Report Abuse

https://oilprice.com/Latest-Energy-News/World-News/Valero-Posts-Bumper-Q3-Profit-As-Demand-For-Its-Fuels-Exceeds-2019-Levels.html

Hopefully HY and Petronm will show same trend

Posted by kebling98 > 2022-10-26 08:32 | Report Abuse

Q3 eps 1 enough loh. Rolling eps become 4 loh
PE 1.5 pun fly to 6 loh
Valero earn so much , hengyuan same same lah
Q3&Q4 Hedging part sure turn positive
Wait retailer realised Hengyuan bumped profit continues for years
below 6 no more loh

Posted by John Lu > 2022-10-26 09:53 | Report Abuse

You go check Valero price last night. Valero stock price drop after announced quarter result.

Posted by BobAxelrod > 2022-10-26 10:01 |

Post removed.Why?

Posted by BobAxelrod > 2022-10-26 10:07 |

Post removed.Why?

Posted by hng33 > 2022-10-26 10:31 | Report Abuse

Pure refiner, Valero Q3 EPS USD 7.14, share price USD 126.8

Pure refiner, Hengyuan Q3 EPS Est. RM 2.0, share price RM 4.18 !?

Posted by UlarSawa > 2022-10-26 11:08 | Report Abuse

US refiner and HY same kah. They ada judi on hedging CrackSpread kah. Ada borrow money to pay divvy kah. Planning 5bil note kah. Ada China parent kah. Must compare everything apple to apple leh. Haiyoh. Correct?

Posted by UlarSawa > 2022-10-26 11:10 | Report Abuse

California’s Newsom Slams Valero’s Profits From Record Fuel Prices
Newsom accuses refiner of ‘ripping off’ gasoline consumers
Valero Reported a 500% Increase in Third-Quarter Profit

Posted by UlarSawa > 2022-10-26 11:12 | Report Abuse

HOUSTON, Oct 25 (Reuters) - Oil refiner Valero Energy

said it expects the Biden administration to continue releasing oil from the U.S. emergency reserve through year-end and will continue buying barrels.

President Joe Biden last week announced a plan to release 15 million barrels from the Strategic Petroleum Reserve $(SPR)$ - part of a record 180 million-barrel release that began in May. The United States is ready to tap reserves again next year if needed, he said.

Reserves released in the early days of the program were primarily sour crude, or crude with higher sulfur content, but more recent sales included more low-sulfur, sweet oil.

Valero sees value in buying sweet crude for its refining system, President Lane Riggs said on Tuesday. The refiner currently tops the list of companies that have received barrels from the U.S. reserve.

Posted by UlarSawa > 2022-10-26 11:12 | Report Abuse

Riggs added that he expects some restocking of the SPR next year.

Biden announced a plan to replenish stocks when U.S. crude is around $70 a barrel, a level he said would still allow companies to profit while being a good deal for taxpayers. The U.S. benchmark was around $85 on Tuesday.

Valero on Tuesday reported bumper profits that zoomed past Wall Street estimates, helped by discounts on high-sulfur, sour crude that boosted margins.

Posted by UlarSawa > 2022-10-26 11:14 | Report Abuse

Valero Energy Corporation VLO has reported third-quarter 2022 adjusted earnings of $7.14 per share, significantly improving from $1.22 per share in the year-ago quarter. The bottom line beat the Zacks Consensus Estimate of $7 per share.

Total quarterly revenues increased from $29,520 million in the prior-year quarter to $44,454 million. The top line also surpassed the Zacks Consensus Estimate of $39,015 million.

The strong quarterly results have been driven by increased refinery throughput volumes and a higher refining margin.

Posted by UlarSawa > 2022-10-26 11:15 | Report Abuse

Segmental Performance
Adjusted operating income in the Refining segment amounted to $3,816 million, improving from $911 million in the year-ago quarter. Higher refinery throughput volumes aided the segment.

In the Ethanol segment, Valero reported an adjusted operating profit of $1 million, down from $4 million in the year-ago quarter. Lower ethanol production volumes hurt the segment. Production declined to 3,498 thousand gallons per day from 3,625 thousand gallons a year ago.

Operating income in the Renewable Diesel segment increased to $212 million from $109 million in the year-ago quarter. Renewable diesel sales volumes increased to 2,231 thousand gallons per day from 671 thousand gallons a year ago.

Throughput Volumes
For the quarter, Valero’s refining throughput volumes were 3,005 thousand barrels per day (MBbls/d), up from 2,864 MBbls/d reported in the third quarter of 2021.

In terms of feedstock composition, sweet crude, medium/light sour crude and heavy sour crude accounted for 49.2%, 16.5% and 10.8%, respectively, of the total volume. The remaining volume came from residuals, other feedstock, and blendstocks and others.

The Gulf Coast contributed 60.3% to the total throughput volume. Mid-Continent, North Atlantic, and West Coast regions accounted for 14.7%, 15.9% and 9.1%, respectively, of the total throughput volume.

Throughput Margins
The refining margin per barrel of throughput significantly increased to $21.34 from the year-ago level of $10.07. Refining operating expenses per barrel of throughput was $5.48 compared with $4.53 in the year-ago quarter.

Posted by UlarSawa > 2022-10-26 11:26 | Report Abuse

Valero Profits More Than 500% Higher Than a Year Ago Amid Gas Price Hikes
Published: Oct 25, 2022

Big oil hiked gas prices during Q3 to record highs despite crude costs going down, which resulted in record high costs for consumers and record profits for oil companies

Gov. Newsom’s price gouging penalty on oil companies would put these record profits in the pockets of Californians

Posted by John Lu > 2022-10-26 11:28 | Report Abuse

You go check Valero price last night. Valero stock price drop after announced quarter result.

Posted by UlarSawa > 2022-10-26 11:31 | Report Abuse

Bad news mah. California Governor want to company to vomit out some of the profit earned leh. Haiyoh. Correct?

John Lu

You go check Valero price last night. Valero stock price drop after announced quarter result.

1 minute ago

Posted by UlarSawa > 2022-10-26 11:33 | Report Abuse

HY record profit later then the gorment ask to pay makmur tax again kah. Possible. Haiyoh. Boleh?

Posted by UlarSawa > 2022-10-26 11:35 | Report Abuse

Pakistan convinces Saudi Arabia to revive $12 billion oil refinery: Report
Pakistan has persuaded Saudi Arabia to revive a $12 billion state-of-the-art deep conversion refinery and a petrochemical complex in the country, a project that was shelved by the Gulf Kingdom

Posted by UlarSawa > 2022-10-26 11:40 | Report Abuse

SINGAPORE -China's oil refinery output in September posted its first year-on-year increase since November, with daily processing rising to its highest in nine months, data showed, as several large state-run plants returned from maintenance.

September refinery output rose by 1.9 per cent from a year earlier to 56.81 million tonnes, or about 13.82 million barrels per day (bpd), according to the National Bureau of Statistics, versus 12.64 million bpd in August.

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China's Sept refinery output posts first year-on-year rise since Nov
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China's Sept refinery output posts first year-on-year rise since Nov
China's Sept refinery output posts first year-on-year rise since Nov
FILE PHOTO: Oil and gas tanks are seen at an oil warehouse at a port in Zhuhai, China October 22, 2018. REUTERS/Aly Song

24 Oct 2022 10:31AM (Updated: 24 Oct 2022 11:47AM)
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SINGAPORE -China's oil refinery output in September posted its first year-on-year increase since November, with daily processing rising to its highest in nine months, data showed, as several large state-run plants returned from maintenance.

September refinery output rose by 1.9 per cent from a year earlier to 56.81 million tonnes, or about 13.82 million barrels per day (bpd), according to the National Bureau of Statistics, versus 12.64 million bpd in August.

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Throughput in the first nine months of 2022 was 497.26 million tonnes, equal to about 13.3 million bpd and down 5.1 per cent from a year earlier.

Production recovered as state-run plants such as Sinopec Shanghai Petrochemical and PetroChina's Wepec refinery resumed operations after lengthy unplanned shutdowns.

However, operations at independent refiners in the eastern refining hub of Shandong remained subdued at around 63 per cent of capacity in September, slipping from around 65 per cent in August and versus about 70 per cent in July, according to Chinese commodities consultancy JLC.

NBS data also showed China's crude oil production last month rose 1.4 per cent from a year earlier to 16.81 million tonnes, or 4.09 million bpd. Year-to-date production gained 3 per cent from a year earlier to 153.75 million tonnes, or 4.11 million bpd.

Such growth is considered an achievement for the industry as national companies accelerated developing geologically more challenging terrains to offset rapid declines in mature reservoirs

Posted by UlarSawa > 2022-10-26 11:41 | Report Abuse

China refiner ada maintenance in Q3. HY takda maintenance kah. Anyone know. Haiyoh. Correct?