Until unless the Auditor decided to resign...is safe to accept the accounts.

Compare to 6 months ago -

This QR

Total assets increased, needless to say that total liabilities also being equal.
Receiveables/Debtors, inventories & other receiveables increased.

Money in the bank & financial asset are about the same.
To take a decision to cast out RM30 Mil for those 300M units of issued shares
is already an achievement for the rate of 10 sen isn't easy for many companies in KLSE.

How any companies to classify/recognizing their sale/profit is forever arguable because there are inventories parked under the rain/sun, classified sale even when only down payment being made, retained profits not reflected as cash in the bank, hedge against the purchasing price/raw material....long list.

That 300M units of issued shares were paid with RM1 as par value instead of RM0.10 a share issued by others nowadays for billions of shares

Got dividend also

"Behold, I now go to work at my business and I trust in G-d that He will give me the strength to be successful, to provide for myself and my household in an honourable way, to perform righteous acts and acts of kindness and so I should be able to fulfil all the mitzvos of my Creator in their proper way. Help us, my G-d, rescue us for the honour of Your Name, do not turn Your attention to our evil acts (but) do with us tzedakka and kindness for your great Name. May the words of my mouth and the efforts of my heart (rest) favourably before You, O G-d, my rock and my redeemer."

Doesn't matter, the cinema light will be switched off just before the show starting but the ticketing person will guide you to the seats by torchlight

Meanwhile, in the coming days, only the Oil&Gas/Refinery companies got the big profit to report...buy on good news.

Yes, can take advantage for the Leverage, the loan stock can be very profitable when the Normal share is moving up

If the car park lots at the cinemas are fully used, got to park at the Eastern hotel there...nearby the cinema

Waiting for this coming QR is like holding the LIDO/Cathay cinema tickets in your 120Y Datsun...parking just outside your girlfriend's house and she is still doing the touchup from her lipstick.

Psalm 133
A song of ascents. Of David.
1 How good and pleasant it is
when God’s people live together in unity!

2 It is like precious oil poured on the head,
running down on the beard,
running down on Aaron’s beard,
down on the collar of his robe.

Psalm 131
A song of ascents. Of David.
1 My heart is not proud, Lord,
my eyes are not haughty;
I do not concern myself with great matters
or things too wonderful for me.
2 But I have calmed and quieted myself,
I am like a weaned child with its mother;
like a weaned child I am content.

Hopefully going back to RM5.80....then QR coming latest 30 AUG/

I can't get lower than RM5.56 just now , cheaper by RM0.25, ok. If go back to RM5.80 still making

PetronM - with the latest QR, running with 4 QRs together so the EPS 141.97 sen, NTA RM8.16 , P/E is 4

Ever since 30th of May, there was no any other update for the consumption of the public in respect of the company's performance such as the profit margin, target for the future of the oil & gas industry, social concern against the war that erupted in the Ukraine...tight mouthed.

But the minimum requirement is that the public listed companies are obligated to disclose and publish the financial performance of the company at least once in the quarter of the year.

Just awaiting...

Thanks to you.

I managed to buy some at RM5.18 yesterday. Even you have bought yesterday at RM5.33 during the last minute will be good.

Last QR released on 30 May, almost 2 months time after 31 Mar, the expiry of the 2 months grace period.

The Latest day to release the QR ended on 30 June is 30 Aug 2022 instead of 31 Aug 2022.

OK, now better

Buyers are willing to pay RM7.26 for a share in the early morning.

Quarterly report ending 30 June is due to be released latest at the end of this month when the grace period of reporting is 2 months. During this 2nd quarter, the oil price was very high and there must be very big profit as expected. Whenever the huge profit report can not be contained anymore but being prepared to be disclosed to the SC, the "limit up" is understandable. Btw, the NTA is RM6.62 since the last QR.

1. I believe each bizman can have a way to continue to thrive within their respective boundary to avoid any head on competition with another producer. The ways are - the product quality, pricing, assortment of products within the product, satisfactory customer service, delivery, consumer support policy,

After removing/settling all the liabilities, one can see even clearer than a share can fetch RM1.40 (NAT) without a doubt. Each biz got its goodwill (the value) to be added on.

I only noticed the latest heavy sell down and did not suffer losses from the higher price. We all know how hurtful the losses to the owners and the public investors following the decline of the pricing until below RM2.

Yes. Cost of production is getting higher.

Like many other producers of goods, the cost of production is highly sensitive in determining their profitability.

With the participating by the few players, their are in the market referred as oligopoly.

Oligopoly is not as having the advantages like a monopoly market.

Debt-free company

Looking at the latest QR 30 June - cash in bank RM2BiL, it has Property/plant value RM2.3BiL.

Should use the cash to full settle all the current & non current liabilities/TOTAL Liabilities, about 900Mil. Still have RM1.1 Bil to earn interest and the business can operate even under less margin of profits.

On a humorous note, they sometimes referred it a "booby trap"

What a kindergarten, this SC

SC give, i think, a week to lodge the Notice. Now so online, can just upload today for yesterday's selling by EPF. If due to pay the trades, the next day force sell, if no payment from buyers.

12AUG - sold 23.6M units
13AUG - Saturday/
15 - sell
16 - sell
17 - sell
18 - today,

EPF unit bal? Notice pasted at BURSA on 17AUG, traded as at 12AUG, say 196M units.

5168 - RM1.80 already. That AGMO time RM0.63 reluctant to buy

PSALM 115 - 13 he will bless those who fear the Lord—
small and great alike.

14 May the Lord cause you to flourish,
both you and your children.
15 May you be blessed by the Lord,
the Maker of heaven and earth.

16 The highest heavens belong to the Lord,
but the earth he has given to mankind.
17 It is not the dead who praise the Lord,
those who go down to the place of silence;
18 it is we who extol the Lord,
both now and forevermore.

Praise the Lord. >>> It is those who fear the Lord will receive blessings from the LORD, for themselves and for their children also.

The LORD is the Maker of heaven and earth. He owns the heaven, He gave the earth to us out of His kindness so we will manage the world properly

The death can not praise the LORD since they have passed on. It is us, who are still alive that praising the LORD every now and every moment.

PTL/Hallelujah.

True lah. Reduced 8M, but volume say 40M, means EPF sold/bought, bought/sold, contra gains if by all means, you EPF contributors' money being used to contra gains from you cut losses losers. It holding your hand and smack your face

Filing yesterday date, got bal 200M.

OK. RM1.75

KLSE/SC need a lot of refomasi, actually

There were time, people felt better because EPF is investing in their companies, until when EPF do a trick...

Why need millions of shares?

You just think of already having a few of Warren Buffet's co shares, Berkshire Hathaway Inc. (BRK-A), about USD463,000 a share,

I always deplore that many companies -

1. RI , with free warrants
2. Seeing profits, BI the next day

Ballooned the issued shares into billions in the circulation.

One day, should do the consolidation, 100 share into 1, selling RM170 a share. Most expensive in BURSA, a share.

If you are the owner, it is an 1 time of "shocked and disappointed" experience, with the attackers, seeing that your co's shares being unfairly treated.

RM1.70 almost sold out. People bought atRM1.65 a minute ago, also wanted to sell at RM1.70 now. Profit RM5K only, he said.

Parked to buy at RM1.71

https://www.bbc.com/news/business-62539480

can sell at RM1.80 now

panic attack is going away soon, if returning to RM1.86 , the opening price.

Excellent

Big funds say the value buy

coming to RM1.80, so fast

RM1.75 sold out