Posted by brightsmart > 2022-11-24 16:20 | Report Abuse

I have my doubts about Anwar............not about religion but about ability to make proper judgements.

Posted by BobAxelrod > 2022-11-24 16:20 |

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Posted by brightsmart > 2022-11-24 16:22 | Report Abuse

so Anwar is finally PM, what next?

Posted by BobAxelrod > 2022-11-24 16:24 |

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Posted by UlarSawa > 2022-11-24 16:27 |

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Posted by brightsmart > 2022-11-24 16:29 | Report Abuse

BobAxelrod

It is no longer what his personal capabilities or reasoning anymore. It's the POWERS he wields from his position and the group of people whom he takes counsel from. This group would help the Rakyat keep a close watch over his decision making and help him to keep this path. So long as he doesn't behaves or act with a dictator iron clad hand, we are all good.
========

there are good brains he can seek advise from,............rafizi, Anthony but will his character allow that to happen?

Posted by UlarSawa > 2022-11-24 16:29 | Report Abuse

Ok. Election over already. Now looking for new topic to lepak lah. Nothing much to talk already. You all can stop kutuk the loser side lah. Mau perpaduan lagi mau kutuk others kah. Haiyoh. Correct?

Posted by UlarSawa > 2022-11-24 16:31 | Report Abuse

Now come back to HY lah. Month end QR is coming. Put aside election fever and return back to HY leh. Unfair we keep occupy the forum here with election topic leh. Boleh?

Posted by brightsmart > 2022-11-24 16:32 | Report Abuse

ASB 32 to 27............................................who hantam hantam saja?

Posted by UlarSawa > 2022-11-24 16:33 | Report Abuse

Mana all the promoters sekalian. TP sampai 1 bil net profit one ada lagi kah. Rm2
Eps per earning one pun need to come out to promote leh. HY not yet goreng as expected leh. Bila mau break out from here leh. Haiyoh. Correct?

Posted by BobAxelrod > 2022-11-24 16:35 |

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Posted by UlarSawa > 2022-11-24 16:39 | Report Abuse

Wei still belum habis cerita PM10 kah. HY need to help to push up leh. Haiyoh. Boleh?

Posted by BobAxelrod > 2022-11-24 16:45 |

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Posted by UlarSawa > 2022-11-24 16:52 |

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Posted by UlarSawa > 2022-11-24 16:52 | Report Abuse

Left few days only. Those TP very high one need to promote leh. Takda kerja kah. Haiyoh. Correct?

Posted by tehka > 2022-11-24 16:55 | Report Abuse

Tomorrow engine started! Will be unstoppable!

Posted by BobAxelrod > 2022-11-24 16:57 |

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Posted by BobAxelrod > 2022-11-24 17:02 | Report Abuse

This Moo Cow's hide is thicker than Rhino skin............

https://www.malaysiakini.com/news/645596

Posted by UlarSawa > 2022-11-24 17:02 | Report Abuse

Wei you jadi PH supporter also barbarian. Jaga HY ctr pun behave like barbarian. You no hope already lah. No way you can change one leh. Haiyoh. Correct?

BobAxelrod

We are not fools or donkeys.... please treat us with more dignity. Don't just shout "unstoppable" for nothing.

Please show us your Facts to back your calls.....or be branded the biggest clown on this forum.

1 minute ago

Posted by BobAxelrod > 2022-11-24 17:06 |

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Posted by BobAxelrod > 2022-11-24 17:06 | Report Abuse

Many to shave their heads (not the little brother's one) to fulfill their sacred vows made for Anwar's PM wish.

https://www.malaysiakini.com/news/645569

Posted by Mikecyc > 2022-11-24 17:06 |

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Posted by UlarSawa > 2022-11-24 17:11 |

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Posted by UlarSawa > 2022-11-24 17:12 | Report Abuse

Better bet US ctr leh. Easy sikit leh. Haiyoh. Correct?

Posted by UlarSawa > 2022-11-24 17:13 | Report Abuse

Klci finally pecah 1500. Can go 1600 or not. Bette make sure it can leh. Unity Gorment meaning United we goreng bursa lah. Boleh?

Posted by BobAxelrod > 2022-11-24 17:15 |

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Posted by UlarSawa > 2022-11-24 17:22 | Report Abuse

Ok pangkang liao. DSAI angkat sumpah jadi PM10. Ular no need to follow up election liao. At last we have a unity gorment at least no one will rally on the street lah. Ular mau o gardening to sweat abit lah. Haiyoh. Correct?

Posted by BobAxelrod > 2022-11-24 17:23 |

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Posted by BobAxelrod > 2022-11-24 17:25 | Report Abuse

Gardening, good idea...make sure no talking to trees...ssshhhhhh!

Posted by cactus81 > 2022-11-24 17:53 | Report Abuse

Petronm result come out today

Posted by brightsmart > 2022-11-24 18:02 | Report Abuse

His name is moo....still moo moo

Posted by brightsmart > 2022-11-24 18:48 |

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Posted by rchi > 2022-11-24 18:55 | Report Abuse

Ular,now you can believe grass is moo moo food.

Posted by probability > 2022-11-24 18:57 | Report Abuse

simple rock bottom EPS derivation for HY going forward:
........................................

Diesel & Jet Fuel combined yield (46% Diesel + 7% Jet Fuel) of 53 %,
lets conservatively use: 50%

Diesel & Jet Fuel crack assumed averages going forward 30 USD/brl (not difficult considering it had averaged 43 USD/brl last 6 months)

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

Gross margin from Diesel & Jet Fuel alone:

= (10.5 million barrels/qtr x 50% yield) x (30 USD/brl) x (MYR 4.50/USD)
= 708 million MYR ....

PBT = 628 million
PAT = 477 million
EPS = 1.59
..........

The above is assuming zero contribution from Gasoline which they had hedged at least 18 million barrels at about 10 USD/brl (good for 4 quarters output, i.e at 3.6 million barrels gasoline per qtr at 35% yield).

HY also hedges their inventory to protect themself from any changes to oil price. This can be seen by their Q1 results which was not helped by the rise in Crude oil price.

This is the advantage HY has over other refineries like Petron while having almost zero output of Fuel Oil as a complex refinery (Fuel oil is at negative 31 USD/brl crack spread)

Posted by Sslee > 2022-11-24 18:58 | Report Abuse

I do not understand why cost of sales RM 4,821,552,000 and revenue only RM 4,684,996,000.
Sale Volume 8.6 million barrel

Q3 2022
Prices of Dubai crude $ (101.2X3- 95.6-108) = 100.3
Gasoline cracks $ (22X3-17.8-35) = 13.2
Diesel cracks $ (38.1X3-21.6-51.6) = 41.1
Kero-jet cracks $(29.3X3-16.2-39.2) = 32.5

My sincere apology for comparing Petronm with Petdag. Please accept my apology.

Posted by brightsmart > 2022-11-24 18:59 |

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Posted by probability > 2022-11-24 19:00 | Report Abuse

Mogas95 crack spread had also risen more than 10 USD/brl against Brent:

https://www.tradingview.com/symbols/NYMEX-AV01!/

https://www.investing.com/commodities/brent-oil

Posted by brightsmart > 2022-11-24 19:00 |

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Posted by brightsmart > 2022-11-24 19:02 | Report Abuse

the point like I have said many times , u do not understand............neither do I ,neither do analysts but it is certainly not like sslee and possibility treats it......................

but over many quarters things do average out.......................................real investors look for long term trends................not possibility/ sslee kind of self delusion calculations.

Posted by probability > 2022-11-24 19:04 | Report Abuse

@sslee,

PetronM did not hedge their inventory (probably insufficiently hedged), they had to sell at their retail gas stations as per the latest market price for the refined oil they bought from their refinery at high price earlier..

thats the only simple explanation i can think of

Posted by Permutation > 2022-11-24 19:08 | Report Abuse

@ probability.
Looking at petron result, what is your take on HYC coming result ? What possible shock can one expect? TQ

Posted by brightsmart > 2022-11-24 19:14 | Report Abuse

this probability is just trolling people like moo moo trolling the king with his SD.

Posted by brightsmart > 2022-11-24 19:24 |

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Posted by probability > 2022-11-24 19:33 | Report Abuse

its very straight forward

the only risk i see possible is if HY had not hedged their inventory sufficiently causing a dip in margin along with the drop in oil price

in whichever case, i see the effects in HY will be way more cushioned or dampened by their active refining margin hedging

Q4 will be good too considering that now even gasoline margin had risen up


Posted by Permutation > Nov 24, 2022 7:08 PM | Report Abuse

@ probability.
Looking at petron result, what is your take on HYC coming result ? What possible shock can one expect? TQ

Posted by UlarSawa > 2022-11-24 19:57 | Report Abuse

Walao PetronM QR why like that one. Revenue so high profit sikit sikit compare to 2021 leh. Revenue more than double yoy but profit same same wo. Apa lah. Margin no good lah. Ini macam HY also look like more or less lebih kurang sama kah. Like this kah. Ada betul kah. Pray hard lor. Mau eps rm2.00 look like not very easy if look at PetronM result leh. Better take cover first lah. After QR out baru cc66 also not late leh. So scary. Must be many cannot sleep well liao lor. Haiyoh. Correct?

Posted by brightsmart > 2022-11-24 20:02 | Report Abuse

UlarSawa

Walao PetronM QR why like that one. Revenue so high profit sikit sikit compare to 2021 leh. Revenue more than double yoy but profit same same wo. Apa lah. Margin no good lah. Ini macam HY also look like more or less lebih kurang sama kah. Like this kah. Ada betul kah. Pray hard lor. Mau eps rm2.00 look like not very easy if look at PetronM result leh. Better take cover first lah. After QR out baru cc66 also not late leh. So scary. Must be many cannot sleep well liao lor. Haiyoh. Correct?
=======

the same trend probably happen in HY............... look at the share u know already.

Posted by BobAxelrod > 2022-11-24 20:03 |

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Posted by BobAxelrod > 2022-11-24 20:13 |

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Posted by BobAxelrod > 2022-11-24 20:17 |

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Posted by brightsmart > 2022-11-24 20:25 |

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