Posted by LA777 > 2017-08-14 09:44 | Report Abuse

360Capitalist, well done!

Posted by Alex Foo > 2017-08-14 09:50 | Report Abuse

always amazed by ppl who contribute i3 in a positive way, and 360capitalist deserves my respect =)

Posted by Alex Foo > 2017-08-14 09:51 | Report Abuse

can check the first picture? it's not working

Posted by 360Capitalist > 2017-08-14 09:53 | Report Abuse

The image link,.....
https://www.energystockchannel.com/3-2-1-crack-spread/

Posted by Bizfuneng > 2017-08-14 09:59 | Report Abuse

I believe FutureEyes going to public another negative article this evening. Will be interesting to see what is coming.

Posted by John Lu > 2017-08-14 10:00 | Report Abuse

Well done. Let those give false news regret when HYC shoot to rm18. Their agenda behind is to collect low by spread the false number. Low life like calvintaneng sochai

Posted by Alex Foo > 2017-08-14 10:02 | Report Abuse

it's ok, at least futureeyes is providing a perspective, though he must defend himself in his next post. Market only exists when there's a willing buyer and willing seller =)

Posted by paperplane > 2017-08-14 10:12 | Report Abuse

Haha

Posted by Alex Foo > 2017-08-14 10:13 | Report Abuse

actually i got one stupid question, can ask?

Posted by John Lu > 2017-08-14 10:13 | Report Abuse

Ah Foo, sure can ask but might not answer you. Haha

Posted by Alex Foo > 2017-08-14 10:19 | Report Abuse

ok i ask la...

it's strange that not all refinery company reported profit. I cite one

https://asia.nikkei.com/Business/Companies/Indian-Oil-profit-slumps-45-as-refining-margins-shrink

but they also say that because of europe fire, the margin spike.

Q1) is refinery margin the same across all countries?
Q2) If Q1 is yes, then how to explain the discrepancy of Indian Oil?

tq =)

Posted by John Lu > 2017-08-14 10:22 |

Post removed.Why?

Posted by Alex Foo > 2017-08-14 10:28 | Report Abuse

haha, dunno if 360capitalist will reply or not....

technical stuff i dunno. I'm not from O&G also, so can only rely on savvy ppl here.

Posted by shortinvestor77 > 2017-08-14 10:56 | Report Abuse

No body is God. But then don't gamble.

Posted by 360Capitalist > 2017-08-14 11:53 | Report Abuse

Hi Alex Foo

1) is refinery margin the same across all countries?
Petroleum products are international commodities so the price is almost the same across the worldwide markets. You can cross examine the crack spreads-3-2-1 against Q4'16 & Q1'17 results.

2) If Q1 is yes, then how to explain the discrepancy of Indian Oil?
Revenue rose by 19% and exceeded analysts' expectations...

Reference..
Standalone net income for the quarter ended in June was 45.49 billion rupees ($715 million), compared with 82.69 billion rupees in the year earlier period, the company said Thursday. That exceeded analysts' expectations for a profit of 30.63 billion rupees as the quarter included a write-back of 28.08 billion rupees previously provided for the settlement of a tax liability in the northern Indian state of Haryana. Revenue rose more than 19% to 1.29 trillion rupees.

Posted by Alex Foo > 2017-08-14 11:58 | Report Abuse

ic....then the indian oil article quite misleading right? it says down due to shrinking refinery margin, that makes me confused.

thx 360 =D

Posted by cheoky > 2017-08-14 11:58 | Report Abuse

if q2 no around rm1, you disappear from i3?

Posted by 360Capitalist > 2017-08-14 12:04 | Report Abuse

I am waiting for the judgement day...

Posted by pang72 > 2017-08-14 13:12 | Report Abuse

After I read futureeye report of 19sen q EPS with the panic sell this morning, I am full gears loaded up HRC from 7.50...
HRC next q result shall be approx...91sen...Not 19sen...

Posted by kimhaolian > 2017-08-14 14:26 | Report Abuse

I am more conservative, give 20% discount from RM1, coming quarter EPS 0.80 happy enough, then Q3 EPS 1.00, Q4 0.70, 4Q EPS 343 x PE4 = RM 13.70.... to me very good oredi....
but if can hit RM15++, RM18++, RM22++ like other sifu predict lagi lagi bagus la....hehe..

Posted by hng33 > 2017-08-14 15:17 | Report Abuse

Above RM 1 should be in next Q3. Coming Q2 at least 60sen

Posted by paperplane > 2017-08-14 22:11 | Report Abuse

Well. Buy and hold.....no need time the mkt

Posted by rojakmee > 2017-08-15 00:21 | Report Abuse

http://m.economictimes.com/wealth/invest/stock-pick-of-the-week-why-analysts-are-bullish-on-indian-oil-despite-fall-in-profit/articleshow/60030885.cms

Posted by rojakmee > 2017-08-15 00:27 | Report Abuse

John lu, the above article will answer your question, the results actualy comparing year on year instead of qtr on qtr , yoy there is s huge inventory write off difference while for qtr on qtr not much

Posted by rojakmee > 2017-08-15 00:34 | Report Abuse

Qtr on qtr profit actually increased by 20%

Posted by paperplane > 2017-08-15 00:43 | Report Abuse

Good sharing!

Posted by 3iii > 2017-08-15 07:01 | Report Abuse

Hengyuan (Review)

Historical Prices

Date ..........Close..... Vol('000)

14/8/2017.... 7.50.... 2,003
11/8/2017.... 7.71.... 3,441
10/8/2017.... 7.77.... 3,395
(10/8/2017 raider unilaterally stopped posting to this thread)

9/8/2017..... 8.08.... 1,714
8/8/2017...... 8.21..... 3,625

Poor market sentiment affecting share prices
---------------------------------------------
(7/8/2017 5.19pm KYY advised those who have sold to buy back. Those who have spare money, Hengyuan is the best buy and those owners of Hengyuan not to sell too early.)

7/8/2017...... 8.31.... 4,341 (Peaked)
4/8/2017..... 7.97.... 2,837
3/8/2017.... 7.78.... 1,549
2/8/2017.... 7.8..... 4,169
1/8/2017 ..... 7.4 .... 8,246
31/7/2017 .... 7.86 .... 8,241 (UMA issued)
28/7/2017.... 6.9..... 7,832

(Mr. Koon on 28/7/2017 posted he bought already sometimes back.)
http://klse.i3investor.com/blogs/koonyewyinblog/129678.jsp
Volume shot up 5x

----------------------------------------------

27/7/2017..... 6.36.... 1,479
26/7/2017..... 6.34.... 2,990
25/7/2017.... 6.14..... 3,508
(Mr. otb recommended a buy at 5.95 on 25/7/2017)
Volume transacted increased 2x again.

24/7/2017.... 5.9..... 1,742
On Monday, 24/7/2017, the volume transacted, increased 5x


-----------------------------------------------

Weekend 22/7/2017 to 23/7/2017
otb's visit to KYY in Ipoh (revealed by KYY on 28/7/2017)


21/7/2017..... 5.79..... 305
20/7/2017..... 5.68..... 564
19/7/2017..... 5.78.... 392
18/7/2017..... 5.86..... 401
17/7/2017...... 5.8..... 555
14/7/2017..... 5.74..... 393
13/7/2017..... 5.77..... 762
12/7/2017..... 5.84.... 1,504


24/5/2-17 Quarterly results announced.
(Next quarterly announcement August 2017)

Posted by Flintstones > 2017-08-15 07:35 | Report Abuse

Hahaha, futureeyes dumbfounded

Posted by 360Capitalist > 2017-08-15 11:17 | Report Abuse

http://www.cmegroup.com/apps/cmegroup/widgets/productLibs/esignal-charts.html?code=D1N&title=AUG_2017_Singapore_Mogas_92_Unleaded_%28Platts%29_Brent_Crack_Spread_&type=p&venue=0&monthYear=Q7&year=2017&exchangeCode=XNYM

Posted by tftey > 2017-08-15 15:25 | Report Abuse

Good Article. Conservatively Q2's EPS should be over 70 cents.

Posted by 360Capitalist > 2017-08-16 11:27 | Report Abuse

My next article on Heng Yuan
https://klse.i3investor.com/blogs/Bursa%20Darling/

Posted by KLCI King > 2017-08-26 10:54 | Report Abuse

Judge yourself: RM1 vs 19cents. The final answer is 28 cents. Who is the winner?

YES, THE WINNER IS 19 CENTS! BECAUSE IT IS 9 CENTS DIFF COMPARED TO 72CENTS OUT!

Posted by musangfoxking > 2017-08-26 10:56 | Report Abuse

no winner!!! all losers!!! a fail is a fail even u missed by 0.0001 point!!!

Posted by KLCI King > 2017-08-26 11:01 | Report Abuse

Good luck!

I am just a movie kaki, watching show only, I do not need to pay a single cent to see it up or down

Posted by eyewitness > 2017-09-03 14:52 | Report Abuse

This show was a flop, completely wrong.
360Capitalist should think 3x before writing another forecast for Hengyuan.