Haha oh also Kacukan Tipu on HRC loh : Probability n Sslleee : Crack Spread.. Crack here Crack there Crack every one pocket … what a pair of shameless Kon …
I already cut loss all my HY except 500 units to qualify myself as shareholder. So no harm done, just learn my lesson again never trust mainland china man.
From Annual report: The Company recorded a total revenue of RM21.1 billion in FY2022 compared to RM12.0 billion in FY2021. The increase in revenue of RM9.1 billion or 75.8% were attributed to a 58.9% increase in product prices that averaged at USD125/bbl, coupled with 9.4% increase in sales volume supported by better market demand.
In FY2022, the price of Brent crude oil averaged at USD101/bbl.
So I am right that the refining margin/crack spread was USD (125 -101)= USD 24/bbl for FYR 2022.
The queations then why HRC only make miserable: Current Cost of Stock margin (CCS) of USD0.47/bbl (FY2021: USD3.44/bbl) and gross profit margin of USD2.47/bbl (FY2021: USD 7.23/bbl) including the effects of crack swaps.
So what have you learn from CapitalA annual report and what questions you want to ask Stony at the AGM?
Going Concern Assessment As at 31 December 2022, the Group’s current liabilities exceeded its current assets by RM8,509 million. In addition, as at 31 December 2022, the Group reported a negative shareholders’ funds of RM5,725 million.
If I am not mistaken should Bursa reject capitaA application to extend the time for submitting the regularisation plan then the counter will be suspend and after a year delist from bursa.
At least Bob and me have a plan to make million from Hengyuan adventure/misadventure but attention seeker Mike totally has no idea how to make million so out of pity, I just allow this attention seeker Mike: ka ki kong ka ki song and enjoy his chui Kong lam pa song moment.
Good morning Sslee, thanks for including this question as it might impact the Company's Cash flow and for the causes (not siphoned back for unknown bettings/hedging)
By the way, why you still ask questions by writing to the management if you already have this assumption? Refer your past posting below:
Sslee
Posted by Sslee > Report Abuse
I already cut loss all my HY except 500 units to qualify myself as shareholder. So no harm done, just learn my lesson again never trust mainland china man.
HOUSTON, May 7 (Reuters) - A fire burned for a third day on Sunday at Shell Plc's (SHEL.L) chemical plant in the Houston suburb of Deer Park, Texas, a company spokesperson said.
I can already see MikeCheatYouCrazy 500 units of hyper extreme high risk shares going up in smoke.
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....
Mikecyc
47,016 posts
Posted by Mikecyc > 2023-05-03 15:22 |
Post removed.Why?