https://finance.yahoo.com/news/u-energy-secretary-urges-refiners-180001860.html

PAT 168++m , highest profit ever , uptrend till year end, at least.

buying cw will make me insomnia. I want sleep well. reload this morning 4.08. will add if touch 4

cw21 gg. good luck to Cw25

short seller control the game. they want you to buy. they have millions share to dump. they will close position if and only if retailers surrender. dont fight the wave. faster surrender. rss 13.5 % , next week 1.5

any buy q at 2.08 vanish by syndicate, and throw RSS ticket to retailers.

RSS IDSS set the perimeter at 2.08.

rss 2811200

recent drop is manipulated by syndicate, press for retailers to average down and finally cut loss. this stock worth 4. but can a person sleep well with huge paper loss?

today close at 1.95?

Harta RSS 13.7% Tg RSS 9%

RSS at 2.06 2601100

buying from RSS will help them rich only. The more u buy, the more they unload and short.

why give your hard earn money to the short seller? at 2.08 they keep short

afternoon another 0.2 to lose. RSS 2404200/ today may see 1.9X

RSS active at 2.08. more downside

retailer buy more drop more. average down for cut lose?

perfect dive , no splash

will only rebound when retailers is out. retailer bought more, it drop more

2.15 to let you buy and dip to 1.89 for you to cut loss, never catch the falling knife

货源归边。货到散户还是庄?

Iran nuclear deal is not good to aheng.

good result.

3.9 coming soon

Q3 make millions profit through hedging.

yes next tp 2.4

u turn and go north

crack spread up, worry about hedging loss. crack spread down, all forgot the function of hedge. Third quarter Hedging Gains. Huge profit for second and third quarter.

https://www.npr.org/2022/06/27/1107748722/tokyo-warned-of-power-crunch-as-japan-endures-heat-wave

Japan also faces a potential shortage of fossil fuel imports amid sanctions against Russia over its invasion of Ukraine.

7.00 soon

do not underestimated the volume of Hedging loss. who know their swap contract is in 6 months terms or what? EPS 2.00 for second quarter is mush realistic.

EPS 3 is something over optimistic.
EPS 1.5 enough to push Hengyuan beyond 10.

call warrant very high premium. Banker is support the share price to sell high cw

No matter how good the Q2 is, do not against the trend.

stop?

hengyuan hedge USD 26 , one month later , if crack spread hit USD 33.

Hengyuan loss USD 7. But hengyuan make profit USD 33 from physical market
33- 7 =26 = Hengyuan profit.

If crack spread down to USD 20
Hengyuan gains 26-20 = USD 6 from hedging
and still make USD 20 from physical market. total profit is 26

hedging is a tools to reduce risk and lock in profit. hengyuan already lock in millions profit since April. EPS 1.2 just a piece of cake. do not trust anybody here, do your own research.

https://klse.i3investor.com/web/blog/detail/nanyang_stock_expert/2022-06-09-story-h1624285721
this uncle is the best indicator , his record almost 100% accurate. but in opposite way. 1.99

probability

what do you need worry on Hengyuan Q1? - only hedging / derivatives loss

but why so concern about derivatives loss now? Hedging is only done when margin is thin, Q2 onwards expect no more hedging loss...
-----------------------------------------------
Dear Sir
is this an assumption or statement?
If above is written by Hengyuan Managment. it weill reach RM20 in 3 months for sure.

Thankyou for always sharing good info.

probability

Updated with 3 more Russian vessels. April itself 4 vessels now!

https://klse1.i3investor.com/blogs/2017/2022-05-15-story-h1623242016-T...

Since Urals dipped, they have actively increase the intake beginning April. At least 4 vessel per month now
Thanks for your sharing

16% of 10m barrel X usd 50 X 4.3 = 344m from Russia
10m X usd 21 X 4.3 = 903m from crack spread
EPS 3.50 in 2nd Quarter?

Petronas being one of the largest petroleum producers in the world, will also increase its selling price. >>>If Hengyuan bought 109.7/barrel from petronas, she will sell 135/barrel. KYY know nothing about crack spread? I dont think so, He purposely ignore the crack spread and inventory gain.
https://www.tradingview.com/chart/mgDGRZGu/?symbol=NYMEX%3ACL1%21
Oil enjoy a marvelous uptrend , from the chart , obviously Hengyuan will made huge profit from the inventory gain.

https://www.tradingview.com/chart/mgDGRZGu/?symbol=NYMEX%3ACL1%21

and please check the crack spread , is record high.

PAT 900 M is doubtful , but 300 m to 800 m is certain.

If they made 250 M loss in hedging , they still make 510 M profit in sales> Inventory gains alone can cover all the losses in hedging. PBT about 500 M , sound good?

Profit from sales is much greater than hedging loss. Inventory made huge gains.

If the sales is low, HY will suffer hedging loss. See the demand.

3 legs , next week MACD gold cross , can up 60 cent from here?

when oil price down, worry about inventory loss. when oil price up, worry about high operation cost.
crack spread up, hedging loss, crack spread down, business loss
No matter how you think. HY made huge profit in this quarter as they earn big in inventory gains and advantage of crack spread.

With such high crack spread , HY make a lot of money at physical market but may loss in hedging
Assume crack spread profit 513 m
hedging loss 250m
inventory gains for Jan -Feb= 256m
lets see is this Q can challenge HY highest EPS Record of 120.59 in 2017?

https://timesofindia.indiatimes.com/business/india-business/jet-fuel-price-sees-18-jump-air-fares-to-rise/articleshow/90280612.cms

Just as oil producers and consumers have the ability to hedge their exposure to volatile petroleum prices, refiners have the ability to hedge their exposure as well. In fact, one could argue that refiners face an even greater need to hedge than producers and consumers as their profit margins are based on the price of not one commodity, but at least two and often several: the price of their input (crude oil) as well as their outputs (bunker fuel, heating oil, gasoline, diesel fuel, gasoil, jet fuel, etc.). In order to mitigate their exposure to crack spread price volatility, many refiners hedge the crack spread by purchasing crude oil futures or swaps and simultaneously selling refined products futures or swaps as the results allows the refiner to lock-in or fix the refining margin.
https://www.mercatusenergy.com/blog/bid/72741/an-introduction-to-crack-spread-hedging#:~:text=In%20order%20to%20mitigate%20their,or%20fix%20the%20refining%20margin.

worldwide market crash 2.5 is not dream

if 3.6 break, see u at 3.3. C22 gg