hopefully the 30% increase will bankrupt hundreds of thousands of SME companies pushing Malaysia into a deep recession...
that will be interesting !!!

the left hand will get blisters from too much rubbing...

haha after reopen China gonna sell laundered Crude Oil to the world and easily make money from Russian cost $60.00

its crude oil refinery and no reason to buy one other than gambling

Law of Stocks => any stock will die once MikeCheatYouCrazy comes out

sslee
take a break
all play and no work makes you dull

China government is encouraging mainland China refineries to buy Russian oil and exporting FG like diesel or fuel oil overseas.
Number of export licenses issued by China Govt are increasing.
and why not? This Russian thingy is a gift horse from heaven for China. Must exploit fully in short term.
if China overseas refineries goes banklap is mere collateral damage and not important.
Maybe HRC can buy Russian oil ...wink wink....

Q4 results will be profit
who want bet red or black ? banker or player?

TP of course is negative. HRC goes banklap

Post removed.Why?

Good luck !!!

when Silverman Suck was forecasting USD300/- per barrel Armada share price dived coz manipulators ALL wanted to buy Armada cheap.

When ALL agrees oil is plentiful and will never cross USD100 for 2023 Armada share price was pumped up for manipulators to dump sell at high price.

Life is wonderful !!!

This is a good pump !!!

This is a good pump.
The world is flooded with oil now.
More rigs are operational.
Oil reserves went up.
Better quality oil reserves.
Less demand for oil.
Biggest user of oil is always construction, chemicals and transport.
Chemicals is dead see LCTitan share price
Transport is moving towards EV. EV for semis and small planes are operational
Construction for China and global is way down and expected to stay pressed down.
The most bullish bull agrees oil will never exceed USD100/- for 2023
This is a good pump.

otb make money wun give you any money
otb dun make money he dun ask you donate.

You better start make money yourself

so silly
what other people make or dun make is not relevant to how much you make
dun waste time on other people better look into yourself first.

looks like it will lose more than a Billion or maybe 2 B before it gets better

unusually warm weather in Europe is dropping all oil prices despite heavy pump buy of oil by syndicates brainwashing China opening...

thanks for telling us Karim bought boatloads of Serba shares

Post removed.Why?

The data is openly available
Big boys started dumping in Sept 2022.
even a dumb and dumber guy who started dumping Tesla in October 2022, would have had been laughing to the bank.
Many treated Tesla as a religion and so failed to see anything in their God when facts started in Sept 2022....
and are still hugging Tesla as First Love as Tesla goes out of business in 2024


Posted by Sslee > 18 minutes ago | Report Abuse

If someone sold his Tesla at the beginning of the year then he can now use that money to buy 3.24X Tesla.

changes only happens outside the company ie DLady
where the oatmilk trend was many years in the making openly before milk companies started going bankrupt in US and UK.
Zooming microscopically into investees in those milk business did not tell people to dump milk shares.
Many still insisted on holding Dlady even when the facts blew up in their faces
and price of DLady started dropping beyond mathematically and statistically attributed to random events.

so how does knowing the company you invest help you in DLady collapse?

sslee
Laws of Probability never explains why.
some times ten flips of coin gets 10 Tails, its a small sample size
some companies are just born unlucky with 10 years of losses, small sample size.

sslee

I had been repeating umpteen times that crack rates are theoretical maximum profits enjoyed by refineries.
NOT all are expected to get the theoretical maximum.
You are unable to understand or totally refuse to understand crack rates are just theory

NOT all refineries will always have theoretical profits.

standard deviation curve mean = crack rates = theoretical maximum profits <= This is the answer you will get at AGM

in life there are multiple standard deviations from the theoretical mean.

Just like the standard dick is 6 inches, does not mean everybody has got the same crack rate of 6 inches.
Better measure yours.
some may not have any dick at all => like HRC QR results = Zero inches <= aka MIkeCheatYouCrazy dick length

Some have imaginary virtual non-existent dick of 12 inches like Bob, does your crack rate theory explain this?

I think you just REFUSE to understand that not everybody gets the average otherwise everybody will be lonely in Indonesia running a palm oil company.......

any abandoned refinery is a good money losing business for many people who enjoy losing money to invest.

sslee
Thanks
I find that very interesting !!!

Posted by Sslee > 1 minute ago | Report Abuse

i3lurker,
Jaks PP again.

JAKS: Seeks to raise up to RM74.4m from private placement for loan repayment, working capital. JAKS Resources has proposed to undertake a private placement of up to 292.2m new shares in the group, which represents 10% of its existing shares, at an issue price to be determined and announced later pending approvals. The group aims to raise up to RM74.4m based on an illustrated issue price of 25.4 sen per placement share. (The Edge)

spiking high and dropping low mere seconds later is normal for oil.

sign PO and email to Aramco, USD136
click
click
and
click sell to hedge is already a difference of USD40 during first few hours of Ukraine war

so no choice click hedge SELL at USD90

after that oil spikes high back to USD100,
=> you have a hedge lost of USD10 in mere seconds

you realise you made a boo boo, some FOOLS will double hedge
so execute double hedge at sell USD100 to make some money

oil rises to USD110, so you double loss at double barrels another double USD10...
some Bigger fools might triple hedge coz .. why??? coz you bought at USD136 mah....

=> thats the most efficient way to bankrupt a refinery

Junior accounts clerk just enter easy Debit Credit, no feelings at all.

MORALS => Do NOT Hedge

as usual fake Dragon aka Ular is spamming HRC forum to protect banned qqq3 now using brightsmart

banned qqq3 now using brightsmart" for 100% FAKE NEWS 100% of time

as usual banned qqq3 now using brightsmart always gives fake news
experts say hedging gaps cannot be predicted so => QRs cannot be predicted

whereas qqq3 aka brightsmart now claims QR can be predicted

banned qqq3 now using brightsmart now claims QRs can be predicted.
banned qqq3 now using brightsmart always takes the most FAKE position.

thats the reason why admin banned "banned qqq3 now using brightsmart" for 100% FAKE NEWS 100% of time

Hedging gap can be tremendous,
most times hedging does not work in times of extreme volatility during wars or rumours of wars.

execute PO at USD136. [feb 2022]
by the time the hedging was done at USD92 you already lost USD44 per barrel

=> so what did you actually hedge?

Post removed.Why?

Ukraine war started Feb 24, 2022
many "panic bought" 1 year or more years of crude at above USD136

many felt that crashing car from bridge 100m down to river is way better than head on collision with train.
btw both also die.

accounting entries are always Debit Credit.
Basic things done by junior clerks since they studied in lower secondary school Form 3
Only fake accountants find such easy things complicated.
I recommend Frank Wood for fake accountants.

if you run a twit poll whether he should off himself, the answer will be YES also

Post removed.Why?

I suspect Buffalo got some "info"
China market controlled by BYD selling 400% more units 40,000 plus than Tesla 11,000 units every month
if land in North American market Tesla is finished

US might restrict BYD from entering American market for any number of reasonable reasons like national security

Greed never apologises
Greed purifies
Greed is good

Post removed.Why?

thats PrisonerKu mentality.
Its not ok to cheat anybody whether rich like Govt or Bank or sslee or poor like MikeCheatYouCrazy de JalanAlor buy 5 lots of HRC at 4.40 [below EOQ].

cheating is cheating no matter who you cheat.

thats exactly how KYY got cheated to buy Jaks, same method.
KYY was promised retirement funds will buy.
Reality Forum Show Live demo coz you asked for it.

keep up the good work
keep fit by exercising more

Germany Nov car registrations
Volkswagen: 12542 - 8648 BEVs and 3894 PHEVs
Tesla: 10819 - 10819 BEVs
Mercedes-Benz: 10499 - 3350 BEVs and 7149 PHEVs
Audi: 7052 - 3241 BEVs and 3811 PHEVs
BMW: 5891 - 1262 BEVs and 4629 PHEVs
Ford: 5086 - 387 BEVs and 4699 PHEVs
SEAT: 4902 - 2089 BEVs and 2813 PHEVs
Opel: 4815 - 3072 BEVs and 1743 PHEVs
Hyundai: 4810 - 3275 BEVs and 1535 PHEVs
Fiat: 3989 - 3989 BEVs and PHEVs
Kia: 3086 - 867 BEVs and 2219 PHEVs
Volvo: 3040 - 1158 BEVs and 1882 PHEVs
Renault: 3019 - 2861 BEVs and 158 PHEVs
Skoda: 2366 - 1121 BEVs and 1245 PHEVs
Peugeot: 2339 - 1551 BEVs and 788 PHEVs
Dacia: 2035 - 2035 BEVs

=> Those days when its 100% Tesla and 0% others are gone

By early 2023, Volkswagen will overtake Tesla as top selling brand and model also.
by EV totals Volkswagen already beat Tesla and Benz yapping at heels

overpriced Yinsoon too?
thats interesting !!!

JJPTR

counters which AMINVEST trying to unload.

GAMUDA
TEN
BAUTO
PTRANS
YINSOON
CTOS
YTLREIT
MFLOUR
HEKTAR


1 hour ago

good list

to weed smoker or ketum drinker, everything is real

ks55

If company claimed to make rm 10 per share, can only afford to pay you 10 sen dividend. Do you still think the profit is real?

1 minute ago

/////Blog: Collapse of govts, industries, companies does not happen overnight By Tan Sri Dr Lim Wee Chai////

is he saying that TG collapsed due to years and years of bad or no management by BOD?
so the BOD of TG should jointly and severally sue him for %%$$#@!@@ ??????? start with RM3 Billion damages ??????

In Business Schools, students are always drilled to understand "Unwanted Product Differentiation"
Compulsory concept tested umpteen times hidden inside hundreds of case studies that students must dissect during coursework.
"Unwanted Product Differentiation" always a matter of Life or Death for Companies.

it just means giving the consumer something they do not want.

Its very simple.
Those who are rich can hire their own chauffeur whether 9 to 5 or 24/7 with maids and gardeners
These are the people who can afford to pay extra for driverless vehicles.
But "Feature" its not necessary coz the allure of chauffeur always outweighs driverless vehicles

=> Those who cannot afford personal chauffeur cannot afford any "driverless vehicles" feature.

This key fact is borne out by numerous brands like Mercedes, Polestar, Nio, Lucid, Rivian, Volkswagen, Volvo, and Ford who laughed secretly and totally made zero attempts to do this silly thing.

from Bloomberg Asia Edition 14 Dec 2022

Inflation Relief
The latest evidence of cooling inflation not only reinforced the Federal Reserve’s likely decision for a smaller interest-rate hike later today, it also bolsters the hand of dovish officials to push for a further downshift and then go on hold. Core inflation, which excludes food and energy, posted its smallest monthly advance in more than a year last month. US stocks surged on the data but later pared some of the gains as attention turns to the Fed decision. Asia stocks are expected to open higher.

Polestar is already the Top Selling EV car in Norway and Sweden after kicking out Tesla in Sept/Oct 2022.

With Volkswagen the Top Selling EV car in some other European country in 2022, many predict that the gigantic Tesla factory currently being constructed in Germany will only achieve 40% utilisation or even less.
Thats money down the drain. Under recovery of investment costs means lowering ROE drastically.
Tomorrow is NOT the same as today becoz past EV car buyers had NO other option to choose from.

First to mass marketing always confurs only temporary superiority.

Tesla was still Top Selling EV in Europe from Jan to Sep 2022.
The tide turned only in Oct 2022 when Tesla sales started dropping drastically.

Those investors who were lazy, [You know who....] were caught napping as Tesla shares dived upon release of disappointing sales data in Europe.