Yesterday last hr trading, price drop from rm5.65 to rm5.3 (6% drop!!)

Very obvious syndicate dumping high on ur head

Walao early morning alrdy soo many attacks (create fake story somemore kikiki) by crybabies stuck high kikiki

Relax no need panic..nothing posted here can affect share price - share info/idea just for i3 member decisionmaking

Aiyoyo cannot compare US Fortune100 company (fat div/share buyback) & chinaman company (no div/buyback) leh

Those syndicate finally free - definitely wont be coming back soon @ wont take risk get trap again if another bad QR

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Does share price deserve xtra valuation if Q2 good but Q3 onwards terrible/normalise??

Definitely no (see glove example)

Only deserve higher valuation if have sustainable higher profits

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Oil refinery/glove story similar b’coz main factor that drives their QR (crack spread/ASP) both collapsing

Thats why share price inevitable collapse to rm3 (historical price - like glove)

Dunno why Ular still here anyway

Alrdy bbq inside-out upside-down to crisp since last yr

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Same story like June collapse

Close eyes alrdy down to rm5.5 - then rm4.5 - then rm4

Fast & furious bloodbath..this time if bad QR - ready rm3

Here come the crybabies

Soo long still angry blame me 4 own hengyuan loss..grow up & move on boys aiyoyo

Whole chip sector starting to collapse globally

Looking delicious below rm6..lets see how low can go

Looks soo yummy..mybe can get more discount if bad QR (sri lanka issue)

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JohnZhang Should’ve taken exit at rm6

Never learn from June bloodbath meh..2nd time syndicate slaughter u alrdy aiyoyo

Where got nonsense..ownself check lo current crack spread - lower than last yr level alrdy

Fundamentals getting worse

Crack spread alrdy collapse..share price also inevitable collapse back to rm3 (historical price)

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Ravi U should’ve taken exit at rm6

Now gonna get slaughtered 2nd time

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WillSmith This week also can see collapse alrdy

Havent notice meh today dropping since rm6

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Up nicely..ready to feast

Satisfied with current/future explosive QR

Gdluck all hodlers/traders..see everyone nxt QR

Becareful dump back to rm4

Mogas crack spread alrdy drop 80% from usd33 to usd7 (even tho oil price still high)

If QR terrible like Q1, ready rm3

Aiyoyo where got anybody do share valuation based on ‘gross’ profit (useless number)

Nobody can estimate HY net profit b’coz nobody knows HY hedged price

Thats why everyone completely wrong on Q1

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Wanted price appreciation + div kikiki

Anyway can expect few hundred Mil profit every QR now

Correct up to ownself want buy/sell

I only warning about coming massacre - syndicate dumping at this range

Explosive QR

‘Unrestricted’ cash almost double to 550Mil (overall 710Mil) but wheres our DIV leh aiyoyo

Crack spreads always collapse/normalise (historically proven - doesnt matter gas/diesel)

Refiners dont have pricing power - thats why Mogas collapse 80% while oil price still high

Diesel spread alrdy start collapsing @ peaked at usd60

Diesel spread dropped to low of usd32 last week (currently usd43)..thats how fast crack spreads drop

Probability Correct answer is u cannot explain..there’s no fundamental difference between gas/diesel

Both driven by same fundamentals..when 1 collapse, ofcos possible the other collapse also

Probability Rus petrol/diesel both gonna get banned by EU Feb nxt yr

Mogas alrdy proven collapse (80% drop from usd33 to usd7)..why u think diesel wont follow same fate?

Probability Why do u think diesel wont follow same collapse as Mogas?? Any fundamental difference between both?

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HY is refiner @ profits based on crack spread (not oil price)

Oil price will stay high while crack spread collapse/normalise (refiners dont have pricing power @ margin always squeezed by oil producer)

Recent Mogas spread collapse 80% (usd33 to usd7) proof that high spread unsustainable (historically proven - even diesel spread)

Plan exit while still high

Once drop below rm5, alrdy too late for regrets (historical price rm3)

Ravi Correct..dont know & dont care ur entry price

JohnZhang Good lo finally free..dont care at all

Learn lesson from 1st pump&dump (rm7 to rm4 in June)

Dont be blur sheep 2x slaughtered

Ravi U also havent exit meh..remember u trapped during 1st round bloodbath

Plan exit while still high..alrdy too late once drop below rm5 again

JohnZhang Dont care at all if u/others win/lose..only care own portfolio

Here only share idea/analysis for i3 member decision-making

JohnZhang I warned u last time about buying @ rm7

Ur credibility worse than mine kikiki

Ahahah Good2 dont keep too long..run if got profit

Macrullen Good lo if got own plan

I only warning those blur2 people

Feel free to hodl while syndicate dumping..thats what sharks want

Wait syndicate dump everything - left retail stuck high forever like glove

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