Posted by rchi > 4 minutes ago | Report Abuse

sslee ,what charlest is trying to tell you is just follow him (smart guy) ya...hahaha....

I am one of the very few lah....Sifu rchi is another one but he is very shy seldom come here to share his good tips...quietly eating abalone alone

Snake oil trading even better profit

The longer i stay in stock mkt, the more I trusted Ah Wong than human being

It's just a money game...

They are mostly conman n waterfish, and a few smart guy

I have spent years here trying to educate the waterfish in I3

However, old waterfish die new waterfish comes

Endless

Posted by Sslee > 0 seconds ago | Report Abuse

I am very sad that some of the CEO of public companies are self serving in dipping their hand into the cookies jar, treating the company as their own private piggy bank and their priority is Me first, Me second and Me third.

My Senior, the sooner u gets to know the stock mkt (and humanity) the sooner u can make money

Sifu moves on for his next Ms.Universe.....

Gameover for HY by now. Wait patiently for HY 3.0

HY 1.0 Year 2018 highest ard Rm19+
HY 2.0 Year 2022 highest ard RM7+

HY 3.0 ????????????????????????????

Ya ya....our objective is to make money

Posted by rchi > 2 minutes ago | Report Abuse

What other choice do msians have?

Certainly a much better option than no BKT to eat

This round too early to tell.

Hope he can last longer than Turtle Egg

God helps who helps themselves.

MM is a happy man now. Shall not spell Bloodbath curses for a while i think

If u r not smart enough to make money fm stock mkt, follow the smart ones.

Now MM is sitting on 30%+ paper gain in SPSetia within 2 weeks time.

No need to say TQ to me.thank yrself

TQ MM for yr smart advice.

In return I will give u more good tips in future

10% to 200%...if SPSetia closes higher then maybe higher

there are only 2 guys who are likely to show their portfolio or cocks to u here....namely Philip n SSlee

But if u insisted so u may plug the figure fm 10% to 200%

Posted by MoneyMakers > 3 seconds ago | Report Abuse

Aiyoyo CharlesT why u bigmouth share spsetia/sfp but become mute about portfolio growth

Either share all or just shut up lo aiyoyo

So i ask u to show yr tiny cock here u have to show...or else u have no cock??? aiyoyo

I have been very active in SFP when it was ard Rm0.60+

Now i seldom go there. No point to promote at this level U think I am the same species like those Sifu ah

Posted by MoneyMakers > 1 minute ago | Report Abuse

CharlesT Longterm money management needs discipline - wont survive long if keep dump money in trash stocks like sfp

P/s: i only comment in sfp once

I m never a so called long term value investor....

BTW, I have been in stock mkt for a long long time....I think much longer than u also

Posted by MoneyMakers > 51 seconds ago | Report Abuse

CharlesT talk big about spsetia/sfp but suddenly silent on portfolio growth

Doubt gamblers like u make any real money kikiki


Ya lah ya lah u made the most u r most panlai

Happy?

P/S: U wanna know the color of my underwear today or not?

But can frankly tell u that it's not as good as 2020 lah

At first u said SPSetia at 0.40+ no good 3 B shares dillution fm the rights issue sure die...

But then u bought at 0.50+ later following my ship woh...how to explain so leh?

BTW SFP is RM1.90+ now....lol

Posted by i3lurker > 8 minutes ago | Report Abuse

CharlesT claims probability never rite before in his life

Nope. Not in his life lah but in I3 only.

Maybe he made a right decision n married a good and rich wife leh, just like Philip

Posted by CharlesT > 8 minutes ago | Report Abuse

Abt 50% rebound in 1 month's time ....mana mau cari....the biggest developer in Msia woh

Typo...it's almost 70% rebound....y y y y ????

https://www.youtube.com/watch?v=e2SZpBO2-H0

U r not Anita Mui

C money take money then buy chicken rice can add drumstick

Dont ask y y y y

Abt 50% rebound in 1 month's time ....mana mau cari....the biggest developer in Msia woh

PNB gives early angpao u dont want to take? Or u wanna send long email to them asking y y y y they gives big early angpao like that???

Posted by i3lurker > 1 minute ago | Report Abuse

CharlesT is correct

SPSetia is way more volatile than HRC => make more money Gambling
SPSetia is more financially stable compared to HRC

=> SPSetia => safer Gamble though of course all Gamble is bad wink wink

Buy at mega discount prices n sell for chicken rice

If u want some good tips for 10 years long term value investment can ask Philip lah

IO wasting yr time n effort in writing long emails to the management asking y y y y

But if yr main objective in stock mkt is not making money but asking y y y y then that will be a diff story lah

Posted by Sslee > 38 minutes ago | Report Abuse

Should have bought MM punya Hibby. What a miss opportunity.

MM followed me to buy SP Setia at 0.50+ (though i asked him to buy at 0.40+). At least MM wakes up now and knows how to make money fm stock mkt (btw he missed my early buy call on SFP at 0.60+ and his bloodbath curse failed badly in SFP).

If u are not that smart n cant make money fm stock mkt at least u must know how to follow a smart one who can make money fm stock mkt consistently.

Can tumpang to ask X File Dept why Mamakthir never die one could he be an Alien?

Posted by i3lurker > 1 hour ago | Report Abuse

Bob

no point arguing with me
Best you just make a police report that HRC Q3 QR report is fake and as such commercial crime
You got cheated and incurred a loss
You need to state the amount of loss inside police report otherwise it will be NFA by IO immediately and thrown away

Mayb can lodge a report with FBI but personally I think X File Dept could be more effective

PP 242.5M at 0.08

Better than robbing the bank

Backdoor listing

LU at 0.39....powerful shark

Philip's theory is simple here.

Whoever shows their so called portfolio here is very panlai......though it's lousy in terms of performance n return

Seriously I dont see why one has to show his portfolio in a cyber world....

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