I agree that anytime, anywhere, anyhow when its impossible to deliver physical and its ONLY cash settlement => its Gambling.

=> coz your safety net of physical delivery does NOT exist.

be a Man/Woman/Shemale/AhKua/It/LoongKang_Kat and admit it

thats why we should start a system where physical deliveries are sent to Pekan, Pahang just next door to Boo_Ku punya house instead of Cushing, Oklahoma.

and we call the crude oil as ChowKit Light, a mixture of Tapis and Klang Toddy

btw
fyi
ps
pss
buy more is called the Martingale Gambling System

no way you can deliver the solid goods to Cushing Oklahoma from Port Dickson
sslee's punya Dick says no way.

if can deliver then chop off sslee punya kukujiao

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easy come easy go mah

=> even the Jackson Hole Economic Symposium erased off USD 1.5 Trillion just like magic, as if the money never existed.

Continuation

01/01/2023 EU Sanctions on Russia, Comprehensive Final Package

China Cost of Production will drop across the board.
Cheap Russian oil dumped to China means all raw materials in China will be cheaper.
Example, plastics, fertilizers, electronic devices, EV cars etc etc
A global reduction in prices due to lower China manufacturing costs will spark a Global Non-Russian economic boom

The same cycle will happen to food as Russian wheat dumped to China will reduce China purchases from US.
Just switching musical chairs.

01/01/2023 EU Sanctions on Russia, Comprehensive Final Package

Global Supply & Demand is just irritated and not affected.
what will happen is all Russian oil will be dumped to China.
China purchases of WTI & Brent will be reduced proportionally by the amount of cheap Russian Oil bought.
Europe rather than sourcing from cheap Russian Oil now has to buy from their "other enemy", those guys across the Channel.

Global Oil will spike momentarily purely due to "feelings""
No "real" effects on oil industry.
All Malaysian Gloves will go bankrupt though as butadiene prices will drop for China Gloves due to cheap Russian oil.
Butadiene prices for Malaysian Gloves will remain high as it will be produced from high oil price.


0X/0X/202X Comprehensive Nuclear Agreement with Iran.

This will be signed despite Israel objections as it was previously signed by Democrats and another Democrat will sign it.
Unless they pow wow until Democrats lose both Houses in the Mid Terms.

Since you are the ONLY Expert here
You are saying that OTB already sold all HRC
and OTB want to buy back in HRC again at cheap price?


MoneyMakers

Plan exit ASAP..possible huge dump down to orig price rm3 by month-end (div xdate)

Either ownself dump 1st or syndicate dump 1st..choose wisely or 4ever regret

16 minutes ago

////They prefer to spend their money on their refinery complex in Singapore.///

kwailoh always believe Malaysia will end up just like Pakistan or maybe Afghanistan => Malaysistan
look at the number of Regional HQ in Singapore and you have the answer..

You cannot blame these Kwailoh, look at PAS press announcements.

PSAi3alert

I am shocked !!!
Mabel is NOT a buxom blond?

I was misinformed ... just like Rick who went to Casablanca for the "waters"

Dragon
////sometime correct sometime not correct////

you are telling us something we do not know?

if people correct all the time no need everyday more tha 30 people die from traffic accidents

sslee

your KBK tuition is here
liabilities is profit

I am sure you are the expert !!!
:)


MoneyMakers

Aiyoyo i3lurker oil trading US/NY session start @ 9pm leh

Simple trading hour also dunno..dont even talk derivatives kikiki

This fella really full BS kikiki

6 seconds ago

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sslee

more KBK classes
liabilities are profits
you have not completed your Paris Hilton lesson yet

sslee
Liabilities are profits [refer to your Paris Hilton donation]

Yawn!!
did you read about your donation to Paris Hilton wedding?

Posted by Sslee > 3 minutes ago | Report Abuse

Someone did not read my explanation that the unrealised derivative gain/loss is not taken into P&L but taken into balance sheet as:
Derivatives assets
Derivaties liabilities
Hence the NTA will adjust every quarter based on marked to market:
Derivatives assets
Derivaties liabilities

Jerichomy

thats a compliment coz Syndicates believe that you are important, actually VIP grade.

Do you see Syndicates do that to Tanjung Rambutan aka Taman Bahagia Inmates like Mike Cheat You Crazy and Dragon?
why?
coz everyone knows people like Tanjung Rambutan aka Taman Bahagia Inmates like Mike Cheat You Crazy and Dragon are nothing, not important at all.

CharlesT > 5 hours ago | Report Abuse

As a general rule, apply a 90% discount on all the China Boss's Cos.

Second, spend yr time to study the contents of the Author n try to understand n verify so.

Third, check the Author's track records.....I have seen Sifu Probability's earlier analysis in Heng Yuan 1 (2017), Lionind (Steel Party in 2018) ,I think Dayang as well (2019).....

While I cant deny his facts n figures fm his previous posts sometimes do look convincing, but the ending is all the same.

See if we shall see a different ending this round.

Last but not least, back to my first sentence (As a general rule, apply a 90% discount on all the China Boss's Cos), it's oredi being proven 100% correct in Bursa for the past 10 years.

Good luck in HY.

CharlesT > 5 hours ago | Report Abuse

As a general rule, apply a 90% discount on all the China Boss's Cos.

Second, spend yr time to study the contents of the Author n try to understand n verify so.

Third, check the Author's track records.....I have seen Sifu Probability's earlier analysis in Heng Yuan 1 (2017), Lionind (Steel Party in 2018) ,I think Dayang as well (2019).....

While I cant deny his facts n figures fm his previous posts sometimes do look convincing, but the ending is all the same.

See if we shall see a different ending this round.

Last but not least, back to my first sentence (As a general rule, apply a 90% discount on all the China Boss's Cos), it's oredi being proven 100% correct in Bursa for the past 10 years.

Good luck in HY.

PSAi3alert
You are correct !!
see this

CharlesT > 5 hours ago | Report Abuse

As a general rule, apply a 90% discount on all the China Boss's Cos.

Second, spend yr time to study the contents of the Author n try to understand n verify so.

Third, check the Author's track records.....I have seen Sifu Probability's earlier analysis in Heng Yuan 1 (2017), Lionind (Steel Party in 2018) ,I think Dayang as well (2019).....

While I cant deny his facts n figures fm his previous posts sometimes do look convincing, but the ending is all the same.

See if we shall see a different ending this round.

Last but not least, back to my first sentence (As a general rule, apply a 90% discount on all the China Boss's Cos), it's oredi being proven 100% correct in Bursa for the past 10 years.

Good luck in HY.

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move along
from now on
This is the NEW STORY

old story of 100% Hedge Sales and Purchases is no longer applicable

=> means HRC fully exposed,
=> Die More, Die Faster


Posted by probability > 22 minutes ago | Report Abuse

The reason why i am certain the hedging is done on mainly on gasoline is due to the following:

move along
from now on
This is the NEW STORY

old story of 100% Hedge Sales and Purchases is no longer applicable

=> means HRC fully exposed,
=> Die More, Die Faster


Posted by probability > 22 minutes ago | Report Abuse

The reason why i am certain the hedging is done on mainly on gasoline is due to the following:

move on
nothing to see here, just another accident
dun talk old topic

Gang Members say HRC fully exposed since its NOT Hedged

dun argue interest rates

its old story, not applicable anymore

now gang member says its NOT hedged at all => FULLY exposed to extreme losses

DIE MORE and DIE FASTER

thats the problem with lies, you change it those losses become more and more

so story changed?

If you change story you will die more and die faster coz losses will be even more

thats the problem with lies, you NEED to keep changing them and the losses become more and more everytime story changed

I calculated those interest charges
coz Gang Member claimed all Sales & Purchases are hedged so Guaranteed Heaven Profits

you too young

Tun sacked Anwar coz Malaysian Interest rates shot up to 30% per annum

as Finance Minister
Tun immediately ordered the 3.8 peg
and ORDERED BNM Governor to reduce interest rates

=> kampung feller like you sure dunno loh !!!


MoneyMakers

Aiyoyo no need BS 20% interest rate

In such scenario, whole world bankrupt lo

Housing market totally collapse @ everyone default cannot pay house loan 20% interest

5 minutes ago

I deleted my posts to make it easier to read since the Dragon copied it already

Raider dun mind coz Raider is at home wearing his expensive Armani "Birthday Suit"
when he goes out of his house, he robs a sarong from next door punya baby girl.
and goes out with just sarong and his between legs spaghetti stick just swinging free.

poor baby girl then instead of bouncing up and down happily just sleeps on floor crying.


Posted by BobAxelrod > 1 minute ago | Report Abuse

It's slanderous to accuse a company of not reporting/hiding Losses.

Bob

if you want you can be Market Maker for Hedges also, then you can sell hedging to HRC
just apply to Morgan Stanley.

However its impossible to know from market listings who is offering what as the Market Maker info is not shown on screen.

Just like when you sell shares ... BURSA does not display this share is sold by Bob
same there.
those hedge offers do not show Name of Market Maker.

so Raider's Theory is very difficult in real life practice.

PetronM should be ok for next few handful years
unless Mike Cheat You Crazy or Dragon are appointed as CFO [Chief Fcuk Officer]

Shell stations are progressing rapidly to EV charging and other costume jewellery like RFID payments
if you are in a rush Shell RFID payment is very convenient

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its interesting!!!!

but but but

=> Tomorrow is always the same as Yesterday

and you have your answer

////
Third, check the Author's track records.....I have seen Sifu Probability's earlier analysis in Heng Yuan 1 (2017), Lionind (Steel Party in 2018) ,I think Dayang as well (2019).....

While I cant deny his facts n figures fm his previous posts sometimes do look convincing, but the ending is all the same.

See if we shall see a different ending this round.
////

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Leno is here already coz Mike Cheat You Crazy is here

otb
I also said you can quite likely can triple your capital ...

otb
I did not attack you
I just said I hoped you did not all in

since you confirmed you did not all in, then ALL IS GOOD!

Cheers !!!

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