Aero1

Aero1 | Joined since 2013-08-16

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Stock

2018-04-26 16:34 | Report Abuse

Will only take a look if it drops below 1.50 ..

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2018-04-26 16:33 | Report Abuse

Still too rich the valuation cannot sustain ..

Stock

2018-04-26 16:32 | Report Abuse

Set to go down further ..

Stock

2018-03-19 09:08 | Report Abuse

Why the directors keep buying shares?

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2018-03-15 14:17 | Report Abuse

华大家具制造(昆山)有限公司,隶属于美景集团的成员(马来西亚主板上市公司)。公司坐落在繁华的工业城市昆山,距离上海30KM,拥有着中国最大港口和以高质产品生产、出口为中心闻名于世的上海作强有力的支撑,对未来华大充满信心。Vast Furniture Manufacturing (Kunshan) Co.Ltd. (VAST) is a member of MKH Berhad, a successful Malaysia public listed company on the main Board of Kuala Lumpur Stock Exchange. VAST is located in the thriving industrial city of Kunshan about 30km from the megacity Shanghai. Supported by the largest port facilities in China, Shanghai is reputably known as the centre of manufacturers and exporters of high quality products.

Stock

2018-03-15 08:59 | Report Abuse

Yes this analyst has not guts .. cari makan saja!
Unlike theedge.

Stock

2018-03-14 08:44 | Report Abuse

Will not be surprised with an exit from the plantation business!

Stock

2018-03-13 09:13 | Report Abuse

onward .. MKH should unlock some of the assets' value!

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2018-03-12 10:09 | Report Abuse

how was the turn out during the agm?

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2018-03-12 10:07 | Report Abuse

onward .. this Tan Sri has been saying this for a while ...
Will see shareholders' patient esp public bank ... haha

News & Blogs

2018-03-09 09:36 | Report Abuse

RM164 mil or USD42 mil savings from new loan facility. This computation is too simple and may be lack of commercial justifications. I reckoned it was more for flexibility and any benefits come gradually from future.

Stock

2018-03-01 08:59 | Report Abuse

Good! Lower oil price is friendly to HY business!

Stock

2018-02-28 13:24 | Report Abuse

Just didn't meet expectation! I guess.

Posted by WiseEye > Feb 28, 2018 01:04 PM | Report Abuse

actually whats wrong with the QR result? the revenue and profit remains good, just that they were hit by deferred tax which is solely an accounting treatment. it will not affect the core business.

Stock

2018-02-28 08:37 | Report Abuse

Shell sucks all the money out. They have presence in many countries surely many are more competitive than Malaysia.

Posted by yctee > Feb 28, 2018 08:32 AM | Report Abuse

Just wonder why when it was under Shell, its not doing well?

Stock

2018-02-28 08:32 | Report Abuse

No wonder so many banks rush to lend money to HY! Sure they have got your report or a report similar to yours below.

Posted by probability > Feb 27, 2018 11:06 PM | Report Abuse

FOR COMPLETE Understanding of Complex Refinery's EDGE in the near future, refer this excellent report came out on 25Jan 2018:

https://www.jccp.or.jp/international/conference/docs/L1-5%20F%20Feshar...

Stock

2018-02-28 08:30 | Report Abuse

Just too costly to ignore your post. Many thanks!

Posted by probability > Feb 27, 2018 11:06 PM | Report Abuse

FOR COMPLETE Understanding of Complex Refinery's EDGE in the near future, refer this excellent report came out on 25Jan 2018:

https://www.jccp.or.jp/international/conference/docs/L1-5%20F%20Feshar...

News & Blogs

2018-02-28 08:12 | Report Abuse

Reasonable analysis. Believe the management has incorporated extra staff benefits in view of the good results hence the higher operating cost this quarter.
60 sen a quarter is more sustainable. The dividend suggests HY's commitment to institutional funds in term of return.

Stock

2018-02-27 23:15 | Report Abuse

Lower oil price is friendly to refinery like HY ..

Stock

2018-02-26 17:58 | Report Abuse

Tomorrow

Posted by Dragonpick > Feb 26, 2018 05:15 PM | Report Abuse

Result out ??

Stock

2018-02-23 16:59 | Report Abuse

aiyoyo that's the beauty of HY business because oil price up or down also good .. but not too high lah .. sya manyak kereta ni

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2018-02-23 16:52 | Report Abuse

aiyoyo lower oil price make refined products sales more sustainable ma .. inventory gain or loss one off event leh

Stock

2018-02-23 16:44 | Report Abuse

ken still cheap sale ..

Stock

2018-02-23 16:42 | Report Abuse

Lower crude oil price is friendly to HY.

Stock

2018-02-23 16:36 | Report Abuse

Q4 will be announced on 27/2.

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2018-02-22 17:25 | Report Abuse

Falling crack spread started to bite Petron ..

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2018-02-22 14:37 | Report Abuse

If you check the refiners' latest results you will see that the drop of almost all product crack spreads if compared to preceding quarters. But then is this to be expected?

Stock

2018-02-22 14:02 | Report Abuse

Not today.

Posted by PureBULL . > Feb 22, 2018 12:53 PM | Report Abuse

Can any super KIND people here confirm whether the QR announcement is at 5.30 pm today?

Please reply.
I thank you vm in anticipation

Stock

2018-02-22 12:43 | Report Abuse

Crack spread has been trending down from Q3 2017 to Q4 2017 due to higher supply from China and refineries getting back online after Hurricane Harvey. This trend is set to continue.

But compared to Q4 2016, the gasoline and diesel crack spread is better in Q4 2017.

Stock

2018-02-21 15:25 | Report Abuse

Why the seller not selling today?

Stock

2018-02-21 15:24 | Report Abuse

property market not good Iqbal .. hard to value but ironically the property division contribute bulk of the group profit.

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2018-02-21 12:10 | Report Abuse

Spot on .. lcng123. A protection you can't ask for more! Or can you?

Stock

2018-02-21 08:45 | Report Abuse

Buy one free one!
Buy now is paying for discounted Plantation and getting Property for free.

Stock

2018-02-08 07:41 | Report Abuse

Will take a look if only below 0.85 sen. Currencies and global markets still volatile!!

Stock

2018-02-08 07:39 | Report Abuse

Will take a look only if below 12. Global markets still volatile!!

Stock

2018-02-05 11:28 | Report Abuse

Lower oil price friendly to crack spread?

Posted by probability > Feb 5, 2018 11:18 AM | Report Abuse

Crack spread hit above 10 USD/brl today

News & Blogs

2018-02-05 08:53 | Report Abuse

It is a good move but just that future dividend may be compromised for high working capital requirements.

News & Blogs

2018-02-05 08:51 | Report Abuse

So this IMO rules leave Petron with no choice but to spend the 14B. It makes sense as Petron is expanding its retail segment.

Stock

2018-01-31 15:25 | Report Abuse

Major Turnaround 2018 (TA2018)
RISK: Planning and execution is crucial to a successful and timely Turnaround. Any unexpected incident or emergent scope arising during the event could result in an extended shutdown resulting in a financial impact.

Stock

2018-01-31 15:24 | Report Abuse

Euro 4M Mogas Project
RISK: If the refinery is not able to produce Euro IV compliant products by the regulatory deadline, then our customer will import their product requirements, which are Euro 4M compliant. These imports cannot be co-mingled with the products that the refinery is able to produce now as they are Euro 2 compliant. Through the Product Offtake Agreement (POA), our customer can contractually use our facilities to throughput their products. This means that the operations and financial performance of HRC would be significantly impacted during the period in which we are unable to produce Euro 4M products post the compliance date.

Stock

2018-01-30 10:00 | Report Abuse

HY always beats Petron!

News & Blogs

2018-01-30 08:36 | Report Abuse

Just one of the aspects .. business model depending on crack spread still intact.

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2018-01-29 14:42 | Report Abuse

HY is chasing Petron again !!

Stock

2018-01-19 09:07 | Report Abuse

Now HY still chasing Petron but going downside ..

Stock

2018-01-16 11:27 | Report Abuse

https://www.reuters.com/article/column-russell-crude-china/rpt-column-chinas-oil-product-export-surge-shows-risks-to-opecs-gains-russell-idUSL3N1PA1HL

LAUNCESTON, Australia, Jan 15 (Reuters) - The standout feature of China’s crude oil and product trade data for December was the surge in exports of refined fuels to a record, but it already appears that this dynamic may not be sustainable.

China shipped out 6.17 million tonnes of refined products in December, equivalent to about 1.6 million barrels per day (bpd), using the BP conversion factor of 8 barrels of product per tonne.

This was up 6.6 percent from November’s 5.79 million tonnes, and took the total for the year to 52.16 million tonnes, equivalent to about 1.14 million bpd.

The strength in December’s exports of products, which include gasoline, diesel and jet fuel, was most likely a reflection of strong crude imports in November, when 9.01 million bpd were brought in, the second highest on record.

The glut of crude available to Chinese refiners in November and December was also coupled with still strong margins for products across Asia.

The profit for processing a barrel of Dubai crude at a refinery in Singapore averaged $7.17 in December, according to Reuters data.

This was above the current moving 365-day average of $7.05 a barrel, although it was down from a 2017 peak of $9.07 for the month of September.

This meant that Chinese refiners were able to take advantage of strong prices for products in December, while processing crude oil that was most likely bought in October, when the price of Middle East benchmark Oman crude was still around $55 a barrel.

But this dynamic has shifted fairly dramatically in recent weeks, with crude prices surging and refining margins dropping.

Oman crude futures ended at $67.10 a barrel on Jan. 12, the highest in just over three years, while the refinery margin DUB-SIN-REF dropped to $5.85 a barrel, close to the lowest since May last year.

Crude prices and refinery margins have an inverse relationship, with the profit from producing fuels tending to peak in the weeks after crude prices reach lows.

For example, when the refinery profits reached their 2017 peak of $11.01 a barrel on Sept. 1, it was about six weeks after Oman futures recorded their closing low for the year of $43.47 on June 21.

CHINA‘S INDEPENDENT REFINERS ARE KEY

The sharp jump in crude benchmarks in recent weeks may well be a reflection of the market view that the Organization of the Petroleum Exporting Countries (OPEC) and its allies in the deal to cut output are successfully tightening the market.

But higher crude prices undermine the profitability of their refinery customers, thus making it more likely that output will decline, at least to the point where inventories of refined fuels are low enough to cause their prices to rise, thus restoring margins.

For Chinese refiners, the trick is to work out whether it’s still worth importing crude for processing into fuels for exports.

In some ways the current market dynamic in Asia is an exercise in working out which of the refiners who export product have the most efficient plants, and can therefore withstand lower product margins.

While the major, state-owned refiners in China operate new generation units, it’s likely that the smaller, independent refiners may struggle to compete on level terms with their larger domestic counterparts, and also efficient large-scale export refineries in other parts of Asia, such as those in Singapore or India’s west coast.

Given that smaller refiners were behind much of the gain in China’s crude imports in 2017, any sign that they may pull back on purchases would be bearish for crude imports.

Independent refiners, sometimes referred to as teapots, imported about 70.5 million tonnes of crude in 2017, up from 42.1 million in 2016, according to data compiled by Thomson Reuters Oil Research and Forecasts.

This means that the independent refiners imported about 568,000 bpd more last year than they did in 2016, accounting for much of China’s overall increase in crude imports of about 800,000 bpd.

In some ways China’s independent refiners have become the single most important driver of overall global crude demand growth, meaning their health becomes of increasing importance.

The current expectation is that these refiners will continue to import more crude, given the authorities in Beijing appear to be enabling this by granting them quotas to buy foreign oil directly.

But ultimately, what will determine if this turns out to be the case is whether China’s independent refiners can compete domestically and regionally with the bigger players. (Editing by Richard Pullin)

Stock

2018-01-09 11:58 | Report Abuse

Didn't know theft is also a risk to refinery!
What else you see in this article?

https://www.reuters.com/article/us-singapore-refinery/singapore-arrests-17-seizes-millions-in-suspected-shell-oil-heist-idUSKBN1EY06D

SINGAPORE (Reuters) - Seventeen men have been arrested and millions of dollars in cash seized as part of an investigation into a suspected oil theft at Shell’s biggest refinery, Singapore police said on Tuesday. The arrests, made during raids on Sunday, come after Royal Dutch Shell Plc reported the theft to Singapore authorities at its Pulau Bukom industrial site in August last year.

The company said in a news release that the arrests included “a limited number of Shell employees” and that it anticipated “a short delay in the supply operations at Bukom.” Those arrested, all men, ranged in age from 30 to 63.

Police said they also seized S$3.05 million ($2.29 million) in cash and a small, 12,000-deadweight-tonne tanker. They have also frozen the suspects’ bank accounts, the police said.

Bukom is the largest wholly owned Shell refinery in the world in terms of crude distillation capacity, according to the company’s website. Shell declined to say how much oil had been stolen.

Shipping and oil refining have contributed significantly to Singapore’s rising wealth during the past decades.

The Southeast Asian city-state is one of the world’s most important oil trading hubs, with most of the Middle East’s crude oil passing through Singapore before being delivered to the huge consumers in China, Japan and South Korea.

Singapore is also Southeast Asia’s main refinery hub and the world’s biggest marine refueling station.

Shell is one of the biggest and longest established foreign investors in Singapore. Its oil refinery on Bukom island, situated 5.5 km to the southwest of Singapore, is the company’s biggest such facility in the world, with a processing capacity of 500,000 barrels per day.

Southeast Asia is a hotspot of illegal oil trading. In some cases, oil has been illegally siphoned from storage tanks, but there have also been thefts at sea.

The Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP) says that siphoning of fuel and oil at sea in Asia, including through armed robbery and piracy, saw sharp increases between 2011 and 2015.

There has been a modest decline since then, although the organisation said in a quarterly report that oil theft was still “of concern,” especially in the South China Sea, off the east coast of Malaysia.

The stolen fuel is generally sold across Southeast Asia, offloaded directly into trucks or tanks at small harbors away from oil terminals.

Stock

2018-01-08 08:52 | Report Abuse

If you see the q4 results their operations have been generating healthy cashflow ... its liabilities should deplete at faster pace.

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2018-01-08 08:50 | Report Abuse

If follow theedge historical PE 9.5, EPS 25 sen for FY2018 the price should be 2.40.
If FFB recovers plantation may bring 10 to 15 sen.

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2018-01-08 08:44 | Report Abuse

I think Q1 results to be announced in Feb will be a good one. Many directors have recently bought shares.