Phillips 66, a giant global oil refinery, is ranked No. 7 on the Fortune 500 list and
No. 19 on the Fortune Global 500 list as of 2015.
WB is setting up OIL refinery for the theme play !
http://247wallst.com/energy-business/2016/01/14/as-warren-buffett-buys-more-phillips-66-is-he-calling-a-bottom/
https://www.google.com/finance?q=NYSE%3APSX&ei=ZBiYVqG2IsaPjAHa3YPIAw
Can some1 please teach us about SHELL?
We as consumers are pumping at easily usd60/barrel refinery level, I guess.
Unlike in N America where petrol prices change everyday, our gov is slow to action to lower
price adjustment at pump level, maybe max 5 times a yr. That's good for refinery profit.
The spot prices r edi staying low n will be for an extended time. At anytime the daily spot
price fluctuation of usd30 to even 45/barrel, SHELL should stand to gain really BIG at any
buying prices of their feed-stock.
(usd60 - 30 or 45= ???/barrel )
Where can u find a biz that gives u huge profit everyday buying blindly at any prices n
selling at a confirmed much higher price ?
How do u like this ?
yuefei01 > Jan 13, 2016 10:50 AM | Report Abuse
" 125000 barrels per day x 92 days = 11.5 million barrels per quarter X 12 USD per barrels X RM 4.2 per USD = RM 579.6 million gross profit. - RM 120 million expenses = RM 459.6 million
Divide by 300 million outstanding share = RM 1.532 per share ".
WOW, X PER 12 = a whopping rm18 per SHELL stock ".
Can some1 in the know tell us the working model with gov taxes n subsidies if any at these
prices ?
PETRON at abt half the installed refinery capacity is edi showing us the highway n running up
like crazzy.
A good Feeling, SHELL is a 50% profit potential candidate or much more in the next
1-3 mths time.
SHELL, 567 a distressed asset till 3 days ago, could very well be the fastest recovery stock.
Let's hope SHELL's in a derisk status n shall be my/our next TOPGLOV.
SHELL (4324) - Is SHELL a 50% profit potential candidate or much more in next 1-3 mths time?
http://klse.i3investor.com/blogs/purebull/89822.jsp
