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2022-07-19 22:42 | Report Abuse
Petroleum Act clearly defines ‘taxable goods’ as oil sold within Malaysia
Mgmt argue they sold oil in Labuan, hence not liable 4 tax
2022-07-19 22:26 | Report Abuse
Aiyaa no need talk here soo much anymore
Time to give warning collapse when price still high rm7/6/5++
Now alrdy too late 4 anything..left just wait QR nxt month
2022-07-19 22:12 | Report Abuse
Aiyaa Natsuko just bitter b’coz ride glove wave all the way down
Now everyday go to every red ctr just to troll
2022-07-19 19:50 | Report Abuse
Mgmt alrdy clarify Sabah tax dispute..nicely done
Tax advisor say no need pay tax means no need lo..’taxable goods’ definition very clear ma
2022-07-19 16:57 | Report Abuse
Walao got punched in the gut by Sabah
Lets see coming days if can bounce back stronger
2022-07-19 16:06 | Report Abuse
Gazprom Rus alrdy send ‘force majeure’ notice to EU customers
Likely nord stream 1 remain shutdown on Thursday
2022-07-19 15:47 | Report Abuse
Whole oil sector down b’coz Hib news
Hib soo powerful alrdy..become market leade
2022-07-19 15:22 | Report Abuse
Oil soo strong today - prob can see 95sen without this news..wasted opportunity
See what happens day-end lo..Idss need buy back later
2022-07-19 14:32 | Report Abuse
HY riding oil price rally but fundamentals (crack spread) actually getting WORSE
Historically fair value should only be rm3
P/s: HY buy raw material in USD..so actually suffer forex loss (weak RM)
2022-07-19 14:28 | Report Abuse
Last time all quote SG Mogas record high usd33
Now Mogas collapse to usd12 - want use diff benchmark (diesel/kerosene) aiyoyo
2022-07-19 12:50 | Report Abuse
Dont be soo naive believe rr88 trading BS..no proof whatsoever
Should just say bought 80sen..no difference..totally irrelevant
P/s: according to rr88 last week, oil going to usd60 - Hib going to 55sen kikiki
2022-07-19 12:41 | Report Abuse
Walao crack spread collapse to usd12 (64% drop from peak usd33 - less than 3weeks)
Just yesterday explain oil can stay high usd100 but crack spread possible collapse to usd10
2022-07-19 11:55 | Report Abuse
Normal lo rr88 BS..still waiting his 55sen TP kikiki
2022-07-19 00:47 | Report Abuse
Working in oil sector doesnt mean u understand how oil market works
Just like bankers dont understand whole financial system
Doing ur job & understanding how global markets work totally 2 different things
2022-07-19 00:39 | Report Abuse
This is how oil market work lo..just u never understand
2022-07-19 00:21 | Report Abuse
If refineries try process less to increase price of refined oil/widen crack spread, producers will just increase oil price (reduce supply) to maximise profit
Producers have ultimate pricing power..refiners always lose
Refinery best biz strategy is to maximise production/output even with thin crack spread
2022-07-19 00:05 | Report Abuse
Correct lo oil went neg (-) @ basically producers paid customers to take oil b’coz producers didnt want handle storage costs etc
2022-07-18 23:55 | Report Abuse
Main point very simple
Oil producers have pricing power..refiners dont make money
Thats why cannot compare Hibiscs & HY lo..2 diff biz model
2022-07-18 23:41 | Report Abuse
Walao StingRay u truly clueless hor
Oil producers cannot price crude oil higher than refined oil..or else everyone lose lo - refiner bankrupt producer bankrupt
To maximise profit, producers will set crude oil price just below refined oil price (thin crack spread)
Refiners happy got biz (even tho thin margin/spread)..producers big winners lo
2022-07-18 23:32 | Report Abuse
Even now crack spread alrdy drop from peak usd33 to usd16 (50% drop in 2weeks)
Refiners dont make money..oil producers always big winners
Thats why cannot compare Hibiscs & HY..2 different biz model
2022-07-18 23:28 | Report Abuse
Wide crack spread basically incentive 4 oil producers to increase oil price & squeeze refiner margins (oil producers hold pricing power)
Very possible oil can stay usd100++ & same time crack spread can drop to usd10 (normal spread)
2022-07-18 23:16 | Report Abuse
Aiyoyo cannot compare Hibiscs & HY..both different biz model
Have 2 understand how oil market work:
Oil can stay usd100++ & same time crack spread can drop to usd10 (normal spread)
In such scenario, Hibiscs (profit based on oil price) fly & HY (profit based on crack spread) collapse lo
2022-07-18 23:16 | Report Abuse
Shut up StingRay..useless troll
2022-07-18 22:24 | Report Abuse
1sen div only costs 20Mil
Nxt month QR expected profit few hundred Mil..hopefully mgmt xtra generous Q4/Final div
2022-07-18 17:16 | Report Abuse
Aiyoo dont blame me 4 price collapse past few weeks
Whatever posted here wont affect share price..just 4 i3 member decision-making
2022-07-18 14:32 | Report Abuse
Whatever lo StingRay..useless troll
2022-07-18 14:23 | Report Abuse
Aiyoo StingRay keep whatever paranoid superstition 2 urself
Here either share idea/opinion on HY or shut up aiyoyo
2022-07-18 14:12 | Report Abuse
StingRay Aiyoyo stock valuation nothing to do with starvation
Better keep ur day job lo if think like this kikiki
2022-07-18 13:44 | Report Abuse
StingRay Where got i got Petron
Should stay away from ALL refiners..their biz model cannot generate/sustain big profit
2022-07-18 11:53 | Report Abuse
Aiyaa InvBursa better just pity urself stuck super high
Dont say nobody never warn..repeatedly
2022-07-06 13:04 | Report Abuse
“KL (July 6): Hengyuan has planned to issue a RM5 billion unrated medium-term notes programme”
Walao this chinaman company really want squeeze shareholders dry
2022-07-06 13:03 | Report Abuse
Aiyoyo cannot compare Fortune500 company (OXY) & chinaman company (HY)
Stock: [HIBISCS]: HIBISCUS PETROLEUM BHD
2022-07-19 22:49 | Report Abuse
Let mgmt settle Sabah tax issue
Not 1st time do tax..somemore supported by tax legal advisor