so.. for every 1 sen higher on the RM/USD exchange rate .. means they MAY have unrealized forex loss of RM 120 million.. 

But the REAL amount is going to be smaller as they SHOULD hedge USD too.. but overall not good..

Big elephant indeed.. 

woah, AA tis time really bad.. Tony the so-called legend gone 

My bad 

so.. for every 1 sen higher on the RM/USD exchange rate .. means they MAY have unrealized forex loss of RM 120 million.. 

But the REAL amount is going to be smaller as they SHOULD hedge USD too.. but overall not good..

Big elephant indeed.. 

Boon gor, what do you mean when you said singapore jet fuel? singapore jet fuel that they hedge at 80+? What about MAS? what country jet fuel?

I have never read reports on airline industry.

But by right all forex and impairment should not be taken into account as it is not consider a core business earnings.

AA Hedge @ 80, but current pricing all below 80

btw which one is the petrol one.. the one our gomen use to set retail price

Gasoline RBOB? 

Thanks Boon gor.

May I ask when correction come, how much do you all top up to leverage down if your current portfolio is red?

like counter a you buy with rm x.xx, it downs to 15% than you top up little?

First, I appreciate you all share your thought on my question and Thank you.
Here,
company is on track and facing profit loses due to world market price volatile? And people are panic selling?

Is not saying company having loses, it might just earn lesser.

Company short term debt repay ability will not be a concern because company having enough cash on hand to turn over.

I am new and there is a lot I need to learn in market.

I am alway think on, if i sell now, Yes i can cut loses and buy back later when the price is going uptrend?

Or I leverage down my unit per cost and hold it?

If the company is having serious issue like having serious losses and the management team cannot keep their promise, I will not hesitate to cut off.

Yes, I will buy this counter from the homework I done previously. Now I am waiting for company quarterly report and annual report and I will done my decision whether I will stay or leave. 

Example like Cybert? 
Limit Up on Friday(+33.33%) 

There is one tactic like this, and it's simple for noob:
take profit if the price rises 20%; cut loss if it drops 10%

Let's say you have 10 stocks. You take profit in 5 of them, and cut loss in the remaining 5, you still make money overall.

This is not my tactic though. I will look at the fundamentals before making decision.

That happens to me most of the time
Im ready to buy Petdagang once it touches 16.

If I say I wanna buy petgas leh? 

What will be the analysis? 

Main revenue stream for petgas is not petrol station.. it is the pipeline (2500 km of it)... ie gas transportation, so it is like toll road.    They do not have risk of inventory as all gas belongs to petronas. 

Catalyst will be the new re-gassification station at Johor to increase output through thier pipeline.. 

Risk will be lower uptake of gas usage hence lower 'toll' fee for their pipeline.. but at lower gas prices to come, consumers might use even more gas.

But the current stock price is too high.. 

Not test you lar... see what is your opinion only... 

You the sifu mah.. 

I agree with your statement as to why did Petdag's shares sore extremely high initially due to new petrol stations that are being opened.

Here is just my point of view?

(a) Why invest in petronas particularly ?
1.
Most people use Petronas as their preferred choice of petrol. Im not saying everyone but most as being observed by the past. Friends, families, guys from car clubs such as Porsche Club Malaysia & Malaysian Super Cars club have a huge percentage of members that usually incline towards using Petronas rather than its competitors such as Shell, Caltex.... Now you might say that the sample size of the population that i choose isn't large enough to come up to a conclusion but i guess its pretty decent to be used as a gauge to estimate the number of Petronas "fans" aka users.Have done some travelling and realised that the Petronas stations are the ones that are usually full especially in rest house areas.

2.
Looking at past charts and graphs has given me confidence that its pretty easy for Petronas to maintain a minimum share price of around RM23- RM25 in the long run.

Why so ?

a. Peoples preferred petrol brand
b. Oil prices could probably reach an all time low of maybe 10-15 dollars a barrel as what some economist/traders 
            have predicted but it would eventually have to return back.
c. There has been thousands of research that has claimed that we are reaching an era in which oil shortage may be 
            an issue. (When supply goes down and demand remains the same, keeping the other factors as ceteris paribus,   
            prices would eventually raise to meet the new equilibrium point.

* So i guess the key strategy here would be to start buying every time it drops significantly when ever its below RM16.

So what happens when oil prices rebound ?
  a. People would still use Petronas as their preferred choice
  b. Petronas constantly comes up with new methods to drill oil with an aim of lowering the cost
  c. Profits start increasing as demand increases
  d. More people would start investing in the O&G sector which would eventually drive share prices up
  e. Finally, investors like us that entered and managed to average our share prices out could be sitting relaxedly
      while receiving a handsome return
If my memory serves me right, Petdagang did reach an all time low of about RM14.60 (something) and i really wanted to get into the market but gesh was busy with my final exams   If i did buy it at 14.60 and sold it at todays price, i would have easily made about RM300+++ per lot in which i really regret for not doing lol  
Does my analysis sound right huh Boon3 ? Looking forward for your guidance.
Cheers!
*Please don't forget to recommend us as to any "potential shares" that you foresee would be doing well
-edited: spelling

Not test you lar... see what is your opinion only... 

Cheh.. 

But petgas also a boring company.. no action one.

But at least earning steady, less capex, less maintenance.. much higher margin than petdag.