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

This is Facts n figures leh. QR ada tulis currency profile of borrowing - USD leh. Haiyoh. Correct?

BobAxelrod

The current HY loans of 1.5 B should be in RM and is local. The Bonds should be able to settle that should other local Banks refrain.
EPS is very important to show the health and growth of the company. Anticipating Q3 should do the trick for c24.

46 minutes ago

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

In 2021 Petron Corp annual report under other expenses in P&L:

Note 2021 2020 2019
Other expenses
- net:
Marked
-to
-market gains
(losses)
- net 36 P344(P2,428) (P1,926)
Hedging gains (losses)
- net 104 (1,121) (1,783)
Changes in fair value of
financial assets at FVPL
6 23(9) 30
Foreign currency gains
(losses)
- net 35 (1,242) 2,363 2,609


USD to Philipine Peso
June 30 2022: 54.975
Sept 31 2022: 58.91

So a USD 1billion borrowing on june30 2022 equivalent of 54.975 billion Peso but on sept 31 2022 equivalent 58.91 billion peso.
So Q3 under P&L on other expenses Foreign currency losses is (58.91-54.975)= 3.935 billion peso.

USD(million) equilvalent Philipine Peso
Short-term loans 308: 16,958
Long-term debt (including current maturities) 702: 38,577

Posted by Rabbit2 > 2022-11-09 21:43 | Report Abuse

Better to ask questions during tomorrow briefing then you will have clearer picture. As usual, the briefing slides will only show 1 pg Petron Corp with net income only

Posted by Rabbit2 > 2022-11-09 21:45 | Report Abuse

To certain extent they did hedge a portion of forex exposure

Posted by upshare > 2022-11-09 21:48 | Report Abuse

habis.... HY..
huge hedge loss.
.

Posted by Rabbit2 > 2022-11-09 22:12 | Report Abuse

The limelight is still with San Miguel.
Just 1 straight to the point Question will do: Under Petron Corp, What’s the profit attributable to NCI?

Posted by UlarSawa > 2022-11-09 22:45 | Report Abuse

PETALING JAYA: Former Rembau MP Khairy Jamaluddin said he is ready to lead the country and become prime minister.

At a ceramah, the health minister said the time was right to declare his intention of becoming leader of the government.

Posted by UlarSawa > 2022-11-09 22:48 | Report Abuse

He added that this was the first time he had declared out loud his intention, claiming that his party’s leadership would “cut him off” for it.

“I think it’s time, I want to say it but perhaps not now. Now, if we win, Ismail Sabri Yaakob will be Malaysia’s prime minister,” he said.

During the general election ceramah, Khairy also revealed how he convinced the Singapore government to reopen its borders with Malaysia.


He said Singapore’s health minister was convinced and relayed his views to Prime Minister Lee Hsien Loong.“That evening, Singapore announced it would open the borders. I’m telling you this to show you I can do things.

Posted by UlarSawa > 2022-11-09 22:49 | Report Abuse

Wow like this Sg Buloh pasti BN menang kah. Haiyoh. Boleh?

Posted by UlarSawa > 2022-11-09 22:51 | Report Abuse

Haiyoh Dji red leh. Macam Biden party will win the senate kah. Haiyoh. Correct?

Posted by Jerichomy > 2022-11-09 22:51 |

Post removed.Why?

Posted by UlarSawa > 2022-11-09 22:56 | Report Abuse

Ular tikam koboi Buffolo ctr again. Ada discounted price again. Down usd0.40 leh. Haiyoh. Correct?

Posted by UlarSawa > 2022-11-09 23:24 | Report Abuse

Haiyah so nice just shory while only ada papergain 2.66% liao leh. Hidup Trump. Long Live Trump. Haiyoh. Correct?

Posted by UlarSawa > 2022-11-09 23:28 | Report Abuse

PETALING JAYA: An Umno Youth leader has suggested that Barisan Nasional (BN) make Khairy Jamaluddin the poster boy for the deputy prime minister’s post allocated for West Malaysia.

Umno Youth exco member Muqharabbin Mokhtarrudin said this could help BN cruise to a big win at the Nov 19 polls, adding that Khairy was well-received by Malaysians as a whole.According to Berita Harian, Muqharabbin said the reception given to Khairy in Sungai Buloh so far made it look like “only Sungai Buluh is having an election”.

“It is clear why Khairy is acceptable to Malaysians. It’s because of his success at every ministry that he had led,” Muqharabbin reportedly said.

Posted by UlarSawa > 2022-11-09 23:44 | Report Abuse

Tuesday's election saw a clearer verdict in races for states' governors with rising Republican star Ron DeSantis winning by a crushing margin in Florida, cementing his status as a top potential White House candidate in 2024.

But if the 44-year-old views his victory as a mandate for the White House in 2024, he will likely face a stiff challenge from another Florida resident - Donald Trump.

The former president went to the polls teasing an announcement next week of a potential new White House run, telling reporters that Nov 15 "will be a very exciting day for a lot of people".

"I think if he runs, he could hurt himself very badly," Trump separately told Fox News of DeSantis.

Posted by BobAxelrod > 2022-11-10 08:15 |

Post removed.Why?

Posted by Sslee > 2022-11-10 08:40 | Report Abuse

HRC able to refine close to 11 million barrel per quarter and with cheaper crude oil. Their earning is from the refining margin (mogas, gasoil and jetfuel crack spread) with hedging that should protect the refining margin.


Petron Malaysia can choice to run or not to run their refinery (about 5 million barrel per quarter) as their refinery run on more expansive crude and they do not have cracker to crack the long chain residue.

I believe Petron Malaysia petrol stations should bring in a consistant retail profit to Petron Malaysia.

Posted by kebling98 > 2022-11-10 08:47 | Report Abuse

From petron reports roughly estimates their finished product average prices at 127lah
Crude oil average at 99 lah
Revenue of hy macam ni kira boleh?
Revenue = 11m x 4.35 x 127

Purchased cost mcm ni boleh?
Purchased = 11m x 4.35 x 99 x 1.1

Gross profit = revenue - purchased

Posted by kebling98 > 2022-11-10 08:48 | Report Abuse

Alamak Q3 usd macam average 4.5 lei

Posted by Sslee > 2022-11-10 08:53 | Report Abuse

The July to Sept USD to MYR average about 4.435
So HY gross profit = 11m X 4.435 x (127-99) =1,366 million

Posted by BobAxelrod > 2022-11-10 09:02 |

Post removed.Why?

Posted by UlarSawa > 2022-11-10 09:08 | Report Abuse

Omg. Pecah 4.50 already. Ular panic leh . Correct?



i3lurker

Dragon already hyper-ventilating from panic !!!!

1 hour ago

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

Shit. C24 6.5 panic selling. Haiyoh. Correct?


BobAxelrod

Seriously?? Opening gap down again????..... Shit!!

5 minutes ago

Posted by UlarSawa > 2022-11-10 09:12 | Report Abuse

Oh shit. US election no outcome who win lagi. Counting very slow leh. Haiyoh. Correct?

Posted by kebling98 > 2022-11-10 09:13 | Report Abuse

But lei if you look to past QR, there is an 1-6% increments in purchase cost lah
So 11 m x 4.435 x ( 127 - 99x 1.05) = 1124 m

Hedging part lose 400 m lagi? Eps pun 2.00 loh
Siapa jump ship nanti pasti regret

Posted by UlarSawa > 2022-11-10 09:13 | Report Abuse

Why HY panic selling not panic buying with facts n figures meh. TA not golden crossed meh. Why lembik one leh. TA reading failed again leh. Haiyoh. Correct?

Posted by BobAxelrod > 2022-11-10 09:14 | Report Abuse

Democrats most likely holds Senate, House is not sure.

Posted by BobAxelrod > 2022-11-10 09:14 |

Post removed.Why?

Posted by UlarSawa > 2022-11-10 09:15 | Report Abuse

Do you really think so. Then why panic selling leh. Haiyoh. Correct?

Posted by UlarSawa > 2022-11-10 09:18 | Report Abuse

Really then why you TP rm3.00 only leh. Haiyoh. Correct?


i3lurker

the shares price is the fair market price

2 minutes ago

Posted by BobAxelrod > 2022-11-10 09:18 | Report Abuse

Biden runs again in 2024 will lose until underwear also gone.

Posted by UlarSawa > 2022-11-10 09:19 | Report Abuse

Trump says GOP midterm disappointment doesn't change his teased 2024 campaign launch

Posted by UlarSawa > 2022-11-10 09:19 | Report Abuse

Biden says he plans to run in 2024, expects to make decision early next year

Posted by BobAxelrod > 2022-11-10 09:19 | Report Abuse

Gimme, gimme c24 at 0.055c, I want.

Posted by kebling98 > 2022-11-10 09:20 | Report Abuse

More panic sell please lah
Q at 434435lei

Posted by UlarSawa > 2022-11-10 09:20 | Report Abuse

Both will meet again in 2024. US will be Great again with Trump win kah. Haiyoh. Correct?

Posted by BobAxelrod > 2022-11-10 09:21 | Report Abuse

Trump may want to run 2024, his decision, but Republicans would not support him as their Presidential candidate.

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

I said stay at 4.70...lu tau boh.

Go up at Q3, month end Nov.......lu tau boh?

Posted by UlarSawa > 2022-11-10 09:24 | Report Abuse

His supporter is rakyat leh. Not party leaders leh. Rakyat will vote for him to represent his party mah. Not the party leader vote count leh. Haiyoh. Correct?


BobAxelrod

Trump may want to run 2024, his decision, but Republicans would not support him as their Presidential candidate.

1 minute ago

Posted by BobAxelrod > 2022-11-10 09:24 |

Post removed.Why?

Posted by BobAxelrod > 2022-11-10 09:26 |

Post removed.Why?

Posted by UlarSawa > 2022-11-10 09:27 | Report Abuse

Trump better lah. Haiyoh. Correct?


BobAxelrod

Republicans party can push up another guy in other states. Republican vs Republican for President.....

16 seconds ago

Posted by BobAxelrod > 2022-11-10 09:28 |

Post removed.Why?

Posted by BobAxelrod > 2022-11-10 09:28 | Report Abuse

c24, come come 5c....it's now or never...come, come.

Posted by OTB > 2022-11-10 09:28 |

Post removed.Why?

Posted by UlarSawa > 2022-11-10 09:29 | Report Abuse

HY is 4.38 PetronM 4.55 leh. Should be 20 to 40sen gap diff leh. Haiyoh. Correct?

Posted by BobAxelrod > 2022-11-10 09:30 | Report Abuse

FYI, must it be lower????....and 4.38 to 4.55 is nearly 20c.....No?

Posted by UlarSawa > 2022-11-10 09:34 | Report Abuse

By right is like this. By left HY can be higher than PetronM too. Haiyoh. Correct?


BobAxelrod

FYI, must it be lower????....and 4.38 to 4.55 is nearly 20c.....No?

1 minute ago

Posted by BobAxelrod > 2022-11-10 09:35 | Report Abuse

Petron Phili released their Q3, which means PetronM would be releasing soon, probably in next 1-2 weeks. As usual, earlier than HY by a week........

Posted by Zhuge_Liang > 2022-11-10 09:41 |

Post removed.Why?