not an easy stock to invest due to the nature of its business; multiple factors influencing its balance sheet. At least 3 factors to watch for - payables cannot be impaired and remeasurement gain/loss due to the change of timing in payment is becoming a norm, cyclical and volatile profitability (notes A9.2) due to high fixed cost internally and low olefins spread externally (2019 spread was the lowest and 2021 was the highest), and forex causing chaos (notes B4).

Not really familiar with the reports. Need to the treat the MA200 as The Great Wall. Usually, good counter the operator will give you 3 trading days to decide. 2days rejected MA200 last week and confirmation yesterday. A sweet spot of 410 last week was a good TP area and wait for next spot of collection.