Eh, isn't that is a good profit for Petron and i don't see any plunge in the profit though! What do you mean by worse>

Hopefully, their earning meletup in coming quarter. If their book order is full and i'm sure it would go beyond RM0.7 soon. That's their fair value i estimated.

Honestly, i just wanted to get rid of this stock, looking forward for slightest jump and exit upon it!

I think we should trust the company earning rather than all this news. I hate news kind of stock, totally a manipulation.

I3 should have poll option like if Henguan would break high to RM8 or not ?

I would be speechless, if this counter still below RM5 by end of the week.

However, i still doubt this counter would go above RM8 because the Banks has to pay huge amount of money for the warrant. I guess the upside would be close to impossible. Supposedly, we should be seeing good volume inflow after seeing all the good earning from US refinery.

Malaysia stock seriously has alot of issue though!

0.655 good buy!

Dont catch the falling knife please! N formed bearish pennant!

sslee when is the next quarter report? any estimation for this?

What's the catalyst that it will go to RM1? Indeed, it's already plunge bottom but i don't think it would soar higher in 2023 but just hoping good time to cutloss though

Quite a bad time, investing in a big cap company. made a huge mistakes investing in a influence party stock.

Invest in a company where you don't see any influence from people. Made a huge huge loss from here.

any sifu here still investing in dsonic?

Why dayang is better than Hib? I really wonder how

any chance to get RM0.01

Just spike as high possible then exit from this stock!

I know there are 2 factions within this group and i would like to have a proper judgement to my exit(cutloss) and surely will do my dyodd after knowing all the facts.

Please dont be harsh or curse to any of my question and i'm just looking for an advice or insights to my cut loss here.

Honestly speaking, my warrant is expiring soon and I have a feeling it will be defaulted soon and don't want it to happened again and my losses almost 50%. Feeling a nightmare and feeling like aint gonna touch KLSE anymore!

Definitely, none of us is holding crystal ball to know what is future holding. Last Friday, all the OnG stock plunge all the way down in US stock market. I'm sure we are going to feel the pinch.

Probability and SSlee,

Do you think that these refinery still have the future, i am still holding it tightly because of the winter season is coming around and surely this round we would be rewarded if there is alot restriction and less supply in delivering.

Besides, Buffet is buying OXY shares like no tomorrow. Well, I feel tired to analyze all the time and I should have exited whenever I got the chance though but I failed to. Even the recent spike I should have cutloss with minimal loss. Now the losses heighten to god knows how much on Monday!

So the question is, do you think it’s good to hold this till end of this year or at least end of nov? Really looking forward to winter season soon.

Please don’t bash me guys and I’m super broke down here

Not bad this guy still standing still even the market is collapsing

I really need to get Break Even and i'm out from the scandalous stock. Honestly, all the Giant companies in KLSE is failing up to all time. I rather preserve my capital at this point of time though! Looking forward to move forward like any other newly ipo stock.

This company should be consistenly earn well due to gov project company and wonder why it is plunging so much!

Bloody hell, how could William sell his shares at 0.2. They should probe this company for manifesting the stock price. Another 18% plunge from my previous post. This stock would definitely go till RM 0.05, if top glove can go lowest low. Just looking forward to the RM 0.01 soon.

Sometime, in stock market fundamental will not be everything. In those days, whenever we see demand stock would soar higher and when see good news volume pumped in. Besides, when it comes to worldwide needs it becomes more stronger. Comparatively, our refiners and US ones, i feel KLSE purely held my market marker.

Sometime, it's hard to question, why this is like this? As a retail traders we could cutwin or cutloss! I just feel KLSE is not a retail trading market anymore. Just follow the volume will do and don't get what company it is.

It's becoming like throwing bites to dogs! All the best guys and just felt tired sometime doing research and research after knowing the stock price keep plunging. Plus, it's a warrant play then you kena liao.

UK PM Truss says she is against energy windfall tax to help with bills.

Does Malaysia Implement windfall tax to refinery, i couldn't find this tax on the QR? anyone can enlighten me this.

Calvin do you own the Eagle company as CEO or fund manager? I really wonder how much is the capital does your company or you invested in Palm Oil. It seems your name is everywhere in Palm Oil theme.

Nice, this guy gonna fly and fly, remain seated!

This guy need to break above RM4.95 and it will fly. I foresee during the winter season this stock would definitely fly! PMETAL would be back in action soon and looking forward to it!

waa this guy really fly after dumping -- Eonmetall Group Bhd plans to dispose of its 51% stake in glove company Lienteh Technology Bhd for RM35.7 million.

For me its a hold though, minor rebounding if up tomorrow good else cutloss/cutwin

Visiting my alma! =-="

RIP guys!

Where are those sifu? =-=" It's okay to accept the defeat and looking forward to know why it plunge so much. Anyone knows the reason?

Very sad to see our market always follow US stock market. Generally, the news should had drive this stock but remain stagnant till US market buka!

The most expensive lesson after 7 years. Normally, i don't follow much but after seeing the market closed at US side, most of the exchange would trade at the sideway or low volume.!

I'm just surprise this shipping company soaring really high compare to other. The Freight cost has plunge globally yet this guy still standing

I'm just surprise this shipping company soaring really high compare to other. The Freight cost has plunge globally yet this guy still standing

Sslee, one word for your character, you are indeed an meticulous person. Appreciate your explanation. I love the way you corrected my words and add value to the discussion.

Probability, thanks to you as well,. :)

Furthermore PBT amount should be summarize well but it left hanging without final calculation!

The one at page 8 referring to A10(PBT) --> The derivative losses written here is 438.8mil where as the 2nd page derivative loss is 1.07bil.

I think they didn't accumulate the Q1 hedges yet. Besides that, they didn't have a comprehensive calculation from the box of page 2 to the acuumulation to the Fair value loss on derivative financial insturments.

One more question, why i can't find the hedging losses done in Q1 not bring forward to Q2? or it is already accumulated as in the box (i hope you get what i'm trying to say) in the page 2 of 17.

One more question, why i can't find the hedging losses done in Q1 not bring forward to Q2? or it is already accumulated as in the box (i hope you get what i'm trying to say)

Beautifully explained, now it make sense. I miss out the point on the European refiners yield is more on fuel rather than diesel and HY will benefits from this.

Appreciate your explanation at this late night!

The jet fuel refers to paraffin or kerosone in other word!~

Honestly speaking, i am clueless. How could the Gasoline margin be low and the rest of Diesel and Jet fuel spike up where as they are distilling heated crude oil in the refinery and produces equally the diesel oil--> Jet oil --> lastly the gasoline oil.

Basically, it is just a process going through the funnel and output it accordingly. How could the margin gasoline or the crack spread gasoline go lower?

Thanks to all the link on the crack spread prices on the Gasoline, Diesel and Jet fuel(naptha or kerosone).

Hi probability, i have been tracing alot on the links attached by you and sslee. I just wonder here.

When you said this "For HY refinery its actually good if the gasoline margin stays low, as the lower it is the higher the Diesel & Jet fuel crack will go since refinery try to compensate their loss in gasoline with higher margins on other refined products."

When you mentioned gasoline margin stays low means the price they purchased the crude oil or the price of the crack spread that they are selling?

I do know that every 3 crude oil produces 2 gasoline and 1 diesel. So are you referring to this on the gasoline margin.

Or the price difference between the past and present crack spread.

Probability where do you check the gasoline margin and any links or charts to it?

Indeed, it is impossible to recover from the price fall! If it does then maybe 2 years from now! If this stock been performing then it should be performing long time ago and during crunching period this stock would keep falling!

Just reminder from last time, 45% plunge from previous cutloss and not cutwin. +_+"

My money hard earned money. Hmm!

Sslee

MoneyMakers
Walao Mogas crack spread collapse until (-negative)

Hope by now you can understand why HRC doing the hedging?

In high refining margin period your realised physical refining margin is high but your profit before tax will be lower because of hedging derivative loss.

But when refining margin U turn (lower) your realised physical refining margin is low but your profit before tax will be higher because of hedging derivative gain.

I'm sorry Sslee, i don't really get your point.

How does lower crack spread of D1N1 from 9.67 to -0.637 would be a gain in reduce the losses in hedging.

if we sell the gasoline 92 now we would be in loss and how does negative crack spread would be a gain here. Unless, if they purchased a lower crude oil and crack spread is higher then would increase the revenue.

I'm sorry but trying to resonate your explanation.

Hi Sslee,

Thanks for the reply on the hedgin Sslee. Hopefully, the losses on hedging can be break even by end of the year. Otherwise, they wouldn't pay that much of tax.

Well, i'm pretty confusing one thing. How do we check which are the jet fuel, diesel and gasoline used by HY.

I found there are alot of type.

Jetfuel --> AKS / ASD
Diesel --> AGX/ GOC / GZ
Gasoline --> D1N / SMU

Does HY only process 92 or both 92 and 95 gasoline? Appreciate your kind reply on this.

I couldn't find on the QR,.

sslee,

I wanna ask something here, the cash and cost hedging in Q1 already settle or it was snowball to this quarterQ2? Could you confirm on this?

Market isn't give any mercy !

How could you recover from -0.55 eps. +_+"

Remember one thing in investing KLSE, invest only the amount you can lose because 70% you have the chances to lose your money. The Big cap company in KLSE isn't lucrative anymore as those days.

Penny stocks are truly manipulating and the best way for you to stay invested is risk management, Do not ever thinking to keep for long run. This company will not survive even after 2 years. Mark my words.

This company has pharmacy, medicine and clinical experiment JV. None of these are profiting compare to others and they will remain stagnant if they don't recover by end of this year.

Just sell it to back to the insider. Biohld been coning people since 2 years back. Just cut loss trust me. Do track my comments on this company when i asked to cut loss and since then those listened save about 25%. It will plunge more.