Philip the only great inv u made so far is on yr rich wife. Fullstop

Philip u know what cock u talk ah?

Showing portfolio with lousy result is good ah?

Not everyone here wanna show their portfolio like u n SSlee....U two r are the rare species in I3 (trust me this is certainly not a compliment fm me....lol)

Whats next for SSLee to do now?

Sending a very long questionaires to HY Board to query on their Q3 results?

Rules no 1 to no 999 in Bursa

Dont buy Red Chips Stocks

Or else u hv to ask why why why for many times

Why Xinquan has cash ard RM1.50+ in their banks in China but the Co still get suspended n delisted few years ago...

Why? Why????

Bsides his chun chun Bloodbath curse, MM also bring ong to SP Setia.....he aint with smelly mouth only

Posted by sharemarket21 > 7 minutes ago | Report Abuse

MM is the champ..Those who got influenced and cashed out earlier. 7,6, 5 and 4.5. Well done. The trap has been set up for quite sometime. CW total loss.

Yeap. MM's Bloodbath Curse is the most powerful curse in Bursa.....so far very chun (almost 100% chun except in my SFP lah)

Who or which Sifu of stock mkt can i still trust in future???

Hall Of Shame in HY
1) Probability
2) My Sifu OTB
3) My Senior SSLee

Why??

Lastly, where is the so called fat margin fm the high crack spread of Diesel?

I will not surprise at all if Sifu Probability is taking hours tonight to prepare his Q4 profit projection....

Could be as high as EPS RM4.00.....

All HY shareholders pls dont give up yet.......

This is classic

Posted by probability > 37 minutes ago | Report Abuse

you take out dividend, this stock is trading at 4.50 now

It has delivered EPS even better than what was estimated and yet, purely because of wrong perception on the meaning of the two clauses below, market is thinking it will revert back to its earlier earnings.

Cash flow hedge & Cost of hedging reserve

From what i have extracted and studied, these are nothing but the effects of the Refining margin swap contract.

Cash flow hedge (CFH) are basically hedge portions of the RMSC which has been liquidated as of 30th June and awaiting respective physical market transaction to take place to offset these hedging losses.

Whereas, Cost of hedging reserve (COHR) is simply the following:

Forward looking Mark-to-market estimate of the difference between the fixed price and the future spot price multiplied by the notional quantity and discounted back to a present value based on a reasonable discount rate determined by the producer.

Even if we assume the RMSC covers complete Gasoline production capacity of 35% yield x 10.6 million, 3.7 million barrels, you are securing the below gross profit after hedging losses or gain.

= 3.7 million x 12.7 USD/brl x 4.45 ex
= 209 million MYR.....(1)

No matter what the figures are reported on CFH & COHR, they are purely trying to show the ineffectiveness / effectiveness of the hedging but the profit contribution remains the same. (SERIOUSLY, THINK ABOUT THIS)

The CFH shows how much 'opportunity for greater profit than 209 million / per qtr' is confirmed loss while COHR shows potential loss if the scenario prolongs indefinitely for the balance notional value.

For every negative value on CFH & COHR that will take place, there will be equally higher gross profit in future physical market transaction where after deducting the hedging loss anticipated, you will report the same 209 million for gasoline per qtr.


For the balance refined products diesel, jet fuel and others (10.7 - 3.7 = 7 million barrels per qtr) , you have the following:

1. Diesel at 46% yield, cracks USD 50.36/bbl
2. Jet fuel at 7% yield, cracks USD 38.40/bb
3. Rest of product yield at 12%, using Mogas 95 cracks USD 7.77/bbl

Gross refining margin/brl:

= (0.46 x 50.4 ) + (0.07 x 38.40) + (0.12 x 7.77)
= (23.18 + 2.70 + 0.93)/ (0.65)
= US $ 41.2 / brl

Gross Profit :

= (7 million barrel sales per qtr) x ( US $41.2/brl) x (MYR 4.45/USD)
= 1.283 Billion MYR........(2)


Total gross profit after hedging gain / loss: (1) + (2)
= 1.483 Billion MYR

EPS will be exceeding RM 3 per QTR

Sifu Probabillity's prediction very chun chun....EPS 2.10+...just that he forgot to put a negative sign infront of it

0.38 is the PC's price, 2 PC= 1 Share

Upside has to wait for GE16, provided Moo is still around by then

Moneymakers got bring ong mari...lol

GENG

Dont sink the boat will do.....pls bring more ong....lol

MoneyMakers

CharlesT Plan enter longtime alrdy after RI/GE

Yesterday GE selloff perfect time enter

17 minutes ago


0.40+ mega discount time u dont enter......

0.50+ still ok lah

Moneymakers changed side oredi ah? Welcome to join the right force

TQ Dnex for 1000 plates+of chicken rice supply

I love Dnex n chicken rice

The biggest Developer in Msia, and also the worst performer among property Co year to date......drops ard 60%

If they are still holding lah

Btw, current ESOS price is RM0.6725. Previous ESOS price was 0.77.

In short, all lose money at current share price.........

Take a look at the latest Annual Report u will see who are the holders of PA n PB.

Over the years, there hardly be any conversion of PA n PB into shares, mainly due to the high premium of the conversion of PA n PB.

Just like PA & PB, most PC will be subscribed by PNB n EPF.

It's more on a financing scheme to SP Setia by the major shareholders.

Yeap.

Actually the sharp drop fm 0.80+due to this right issues is really ridiculous....there could hardly be any shares dilution as long as mother share is below 0.80

This PC is to redeem PB, at lower interest which should be beneficial to the Co.

Anyway, could be a blessings to those who bought below RM0.50....

Windy1974 u like rich old guy ah?

I think Philip's wife is still around

BTW, PA is clearly a much better option than PC...higher coupon rate (6.49 cents a year over 87.5 = 7.4%+ a year)

Nobody will subscribe the rights....mostly by the big guys themselves....like PA N PB

Hold tight tight for Christmas/ New Year presents

Fm the bottom of 0.41 last week to 0.57 today, a whopping 40% rebound.

Lets c what comes next

Wah unexpected twist.

Hope lah...70+ also good for me

Dops abt 50% fm 0.80+ to RM0.40+

I hope can go back 100% to 0.80+ by year end

The recent sharp drop due to the rights issues is ridiculous

PNB so kind to give Christmas presents u guys dont want to take

Posted by rr88 > 9 hours ago | Report Abuse

If you want to be in the 10% like me, there is only one rule to follow: ALWAYS, NEVER FAIL, CUT LOSS AT 7% BELOW YOUR COST.

Either you hv been holding it a few months or a few seconds, once it hits that 7%, let go.

Adios.

Do u know why u are still poor at this age?

Scare ah rr88?

If u ever bought in Beta again yr soft cock will be rotten.....

No one will read yr rubbish....so dont hv to write so long....lol

rr88 u impotent retaxd is good for nothing

Posted by rr88 > 9 minutes ago | Report Abuse

Bukan ribu2. Puluh2 ribu tunggu 0.60 - 0.63 nak campak ke operator. Engkau ingat operator bodo ke nak pergi redah mcm tu je.

Posted by rr88 > 6 minutes ago | Report Abuse

Lari la. Ini mahathir kalah, boleh turun below ipo.

Posted by rr88 > 4 minutes ago | Report Abuse

Aku lari 0.59824. Rugi sikit on brokerage.

Looks like rr88 wanna buy back at lower price

KYY oredi used this kind of monkey tricks more than 1000 times....lol

3 times x 2 cents each ah?

Brain or cock working or not doesnt matter

C whether it will break new low or not

rr88 has abandon his TA n FA ah?

Not bad lah, at least it doesnt break new low by now (below 0.57).

Gives him a chance lah

Sifu rr88's TA skills is as good as his soft cock....tak boleh pakai...

So now he try to learn some FA