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2022-09-02 15:20 | Report Abuse
Aiyoyo probability some refineries can increase diesel output & lower gasoline output
For refineries that cannot, they currently still incentivised to increase both gasoline/diesel output b’coz ‘blended’ crack spread still profitable
Eventually diesel crack spread will also collapse @ oversupply (follow Mogas)
2022-09-02 15:07 | Report Abuse
Aiyoyo probability/sslee ofcos refineries can increase diesel output (subsequently crack spread collapse)
Think global refinery utilisation/run rate @ 100% meh aiyoyo
2022-09-02 14:20 | Report Abuse
Aiyaa BobAxel nonstop BS nonsense since last week
Just ignore
2022-09-02 13:17 | Report Abuse
Aiyoyo sslee u think refineries can survive with Mogas crack 70sen meh
U think diesel crack wont follow Mogas collapse meh
Refineries overproduce when Mogas spread high - now oversupply (Mogas crack collapse)
Now every refinery will overproduce diesel until diesel crack collapse - just like Mogas
2022-09-02 13:00 | Report Abuse
Walao what a morning bloodbath
Still need drop alot more..HY usually 50sen BELOW petron
2022-09-02 12:59 | Report Abuse
Aiyoyo another 1 complain Ular nonsense
This fella really thick face - never sense/feel when people hate him kikiki
2022-09-01 23:12 | Report Abuse
Mogas crack spread alrdy negative (-) @ refiner sell product at loss
WORST fundamental ever..refiners overproduce when crack spread high - now got too much inventory
2022-09-01 17:51 | Report Abuse
Inevitable HY collapse back to rm3 (historical fair value)
2022-09-01 17:49 | Report Abuse
Refiners dont have pricing power - their margins always squeezed by oil producers
Oil will remain high but all crack spread eventually collapse together (historically proven)
2022-09-01 17:47 | Report Abuse
Walao Mogas crack spread collapse until (-negative)
Alrdy warn last time - high oil price doesnt mean high crack spread
2022-09-01 16:34 | Report Abuse
BREAKING NEWS - China locks down Megacity Chengdu (21Mil resident - biggest covid lockdown since Shanghai)
Becareful oil collapse tonite
2022-09-01 14:42 | Report Abuse
Sslee Higher gross profit/physical gain alrdy realised in Q2
HY 1.07Bil hedging loss should’ve correspond with higher gross profit in Q2
But due to timing mismatch (swap expiry), will only realise hedging loss 1.07Bil in Q3 (without corresponding higher gross profit/physical gain)
2022-09-01 13:43 | Report Abuse
Sslee If HY hedge swaps expire/renewable monthly, will ur so-called ‘unrealised derivatives fair value loss’ become realised 1.07Bil hedging loss in Q3??
2022-09-01 13:20 | Report Abuse
If really caring/sharing - should share coming Q3 1.07Bil hedging loss + crack spread collapse
2022-08-31 23:23 | Report Abuse
Easier if limit down tomorrow
Then know collapse b’coz both (oil drop + bad QR)
2022-08-31 23:22 | Report Abuse
See oil price heavy drop (WTI left usd90) alrdy know HY collapse tomorrow
Just dunno whether collapse b’coz oil drop or bad QR (record comprehensive loss -400Mil @ after include hedging loss 1.07Bil)
2022-08-31 22:01 | Report Abuse
Q3 how to survive - need swallow 1.07Bil hedging loss (crack spread alrdy collapse somemore)
They alrdy highlight 1.07Bil hedging loss in ‘other comprehensive expense’ as WARNING of HY’s overall weakness
2022-08-31 21:30 | Report Abuse
No need panic yet..just wait&see where share price go tomorrow
P/s: better dont watch oil price tonite (collapsing)
2022-08-31 21:23 | Report Abuse
Aiyaa then why got 2 QR loss in 2021 leh
Dont BS soo much leh
2022-08-31 20:25 | Report Abuse
Aiyaa ownself queue buy rm6/6.95 better lo..such good deal
Sure got many willing seller kikiki
2022-08-31 16:59 | Report Abuse
Aiyoyo Probability longer maturity = higher risk
Thats why 6month bonds pay lower yield/interest than 10yr/30yr bonds
Longer maturity = higher risk = compensate with higher bond yield/interest
2022-08-31 16:33 | Report Abuse
Thats why commodity hedge usually short term aiyoyo
2022-08-31 15:46 | Report Abuse
Commodity daily/weekly price highly volatile - nobody gonna hedge longterm 1yr at same hedged price aiyoyo
2022-08-31 12:57 | Report Abuse
Anyway oil price dropping hard
HY sure collapse tomorrow..just dunno whether collapse b’coz oil drop or bad QR (record comprehensive loss -400Mil)
2022-08-30 20:55 | Report Abuse
Logically should dump (record ‘comprehensive loss’ -400Mil after include pending hedging loss 1.07Bil)
But mybe pump @ retail only see profit 600Mil+div
Just wait&see lo thursday kikiki
2022-08-30 20:55 | Report Abuse
Hanky panky windowdressing - just delay 1.07Bil hedging loss to Q3
Q3 crack spread alrdy collapse - how to swallow 1.07Bil hedging loss somemore
2022-08-30 20:26 | Report Abuse
Item A22: free cash/bank balance drop from (Q1) 775Mil to (Q2) 276Mil
Item A20: As of 30 June, company REFINANCING its 1.5Bil loan
P/s: HY got cashflow problem or what
2022-08-30 18:07 | Report Abuse
Q3 how to survive - pending 1.07Bil hedging loss
2022-08-30 16:24 | Report Abuse
Countdown final hour QR judgement day
Either singsong or bloodbath
2022-08-30 15:41 | Report Abuse
Tehka Nobody can give u Q2 estimate b’coz nobody know HY’s hedged price
2022-08-30 15:26 | Report Abuse
Syndicate alrdy dump high this morning
Nobody dare keep b’coz nobody can predict HY hedging loss
2022-08-30 15:15 | Report Abuse
Kahkahkah Boomberg create fake story yesterday - ‘insider info EPS rm1.36’
Not surprised at all..forever liar kikiki
2022-08-30 15:15 | Report Abuse
If another bad QR today, sure limit down below rm4 @ Thursday
2022-08-30 15:08 | Report Abuse
Looks like Boomberg stuck high in HY now
Wonder create what fake story this time
2022-08-30 15:01 | Report Abuse
Just ignore Boomberg - last time slaughtered in gloves
Everyday create fake story like bigboss privatisation / US co want takeover MY glove etc - try stop glove bloodbath but fail
2022-08-28 23:40 | Report Abuse
No use when refined oil price up but crude oil price bigger up
Thats why crack spread (refined oil - crude oil) collapse
2022-08-28 21:19 | Report Abuse
HY low-floating shares @ few big sell orders (syndicate run) easily collapse 15% instantly
Either retail dump 1st or syndicate dump 1st..choose wisely
Stock: [HENGYUAN]: HENGYUAN REFINING COMPANY BERHAD
2022-09-02 17:09 | Report Abuse
Ding3 what a massacre
Expecting worse bloodbath nxt week (margin call/panic sell/cutloss)