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Thats why commodity hedge usually short term aiyoyo

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Commodity daily/weekly price highly volatile - nobody gonna hedge longterm 1yr at same hedged price aiyoyo

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Anyway oil price dropping hard

HY sure collapse tomorrow..just dunno whether collapse b’coz oil drop or bad QR (record comprehensive loss -400Mil)

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

Hanky panky windowdressing - just delay 1.07Bil hedging loss to Q3

Q3 crack spread alrdy collapse - how to swallow 1.07Bil hedging loss somemore

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

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Q3 how to survive - pending 1.07Bil hedging loss

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Countdown final hour QR judgement day

Either singsong or bloodbath

Tehka Nobody can give u Q2 estimate b’coz nobody know HY’s hedged price

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Syndicate alrdy dump high this morning

Nobody dare keep b’coz nobody can predict HY hedging loss

Kahkahkah Boomberg create fake story yesterday - ‘insider info EPS rm1.36’

Not surprised at all..forever liar kikiki

If another bad QR today, sure limit down below rm4 @ Thursday

Looks like Boomberg stuck high in HY now

Wonder create what fake story this time

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

No use when refined oil price up but crude oil price bigger up

Thats why crack spread (refined oil - crude oil) collapse

HY low-floating shares @ few big sell orders (syndicate run) easily collapse 15% instantly

Either retail dump 1st or syndicate dump 1st..choose wisely

US market crash 1000 pts friday - tomorrow should be very interesting

Lets see if can get epic Monday Massacre

Bad fundamentals very clear:

Crack spread alrdy collapse means Q3 onwards cannot perform

Inevitable collapse back to rm3 (historical price) - same like ASP/glove collapse

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Scammers love private group..means they wont be last baghodler

Can always dump on sheeps inside private group..blur2 hodl kikiki

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Turns out BobAxel under Mike’s Kon list kahkahkah

Thats why never believe anything posted online..say make millions whatever lo kikiki

Kahkahkahkahkah thx Mike - best i3 historykeeper

Excellent record on BobAxel kikiki

Mike Ur the history-keeper of i3

Is BobAxel in ur record??

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I warned HY collapse in June from rm6.5 to rm4..then left (no need warn if investor want buy rm4 @ neutral price)

When HY rm6 again ofcos i come back warn overvalue again lo

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Whatever news posted irrelevant @ alrdy priced into crack spread

Crack spread alrdy collapss

Aiyoyo sslee why still post June news

Mogas/diesel spread both peaked in June..since then, Mogas alrdy collapse 80% (back to 2019 level)

Diesel spread will be nxt to collapse (alrdy drop 45%)

Unfortunately no late dump

Ohwell hopefully can get QR today

Another excellent QR..nice & steady

Coming QR doesnt matter b’coz crack spread alrdy collapse (terrible Q3 onwards)

Same like glove QR didnt matter b’coz ASP collapse

Glove few Bil profit also no use - ASP collapse

Same story here..today QR wont matter b’coz crack spread alrdy collapse

All crack spread follow collapse together

Like glove - no need separate latex/synthetic blablabla all collapse together

Aiyaa no need separate Mogas/diesel/jet fuel crack

Mogas alrdy collapse 80% back to 2019 level

Diesel also follow collapsing from peak..jet fuel no need mention (less than 10% HY product)

Walao still no QR..really lousy mgmt leh

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Aiyoo BobAxel share ur HY idea/info/analysis or just shut up lo

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