Check my records, did I ever attack anyone in I3 ? The clear answer is no. I just defend myself in I3. I did not attack anyone here, hence the god is great to bless me with million of profit. Thank you.
KLSE is bearish, avoid to "simply invest" in any stock. Wait for a right timing to sailang when KLSE is bullish again. Invest in good fundamental stocks, you will win big. Never buy any losing money stocks, you will lose a lot of money. Please note that money is difficult to earn, treasure it. Thank you.
If HRC hedged the refining margin at USD 10 per barrel then at current RON92 crack spread against Brent crude at USD 15 then hedging loss will be USD 5 per barrel.
If HRC bought crude at premium of USD 15 against Brent then the physical gross profit of refining is USD Zzzeroo per barrel.
By the way qqq3 last quarter Brent average and closed at USD85. And it look like this quarter average and will end at USD 80. So another USD 5 inventories loss. So how to make profit?
Pang or OTB or others, either who is right or wrong, most importantly, acknowledge your mistakes and don’t repeat again… life is better with one more friend than one more enemy… cheers!
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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....
OTB
11,356 posts
Posted by OTB > 2023-03-27 11:01 |
Post removed.Why?