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2016-01-04 12:07 | Report Abuse
Fund managers start buying now ! 9-month eps already 75 cents. Even assuming 0 profit in q4 ( which is highly unlikely in view of low and declining crude oil price ), at PE of 10 , Petronm should worth a minimum of RM 7.50 ! If can maintain previous earning of 25 cents per q, then full year earn RM 1.00 per share. At PE of 10, Petronm should worth RM 10.And mind you , this PE is not even 50 % of Petdag that PE = 24 at current price !
2016-01-02 12:40 | Report Abuse
Hi , I mentioned earlier at 4.40 that how long Petronm would remains low at this price. Now in less than 3 weeks Petronm at 5.00 now. I believe some smart investors / fund have start accumulating this stock . At a prospective full year EPS of RM 1.00 for FY 2015 , PE of Petronm at RM 5.00 is still only 5, compare to PETDAG 's PE of 25 !! This stock maybe a star in 2016. Happy New Year
2015-12-13 11:29 | Report Abuse
Now Petron at propective PE of 4.4 , will it stays low at this level for long before some funds start buying?
2015-12-12 20:09 | Report Abuse
On the macro side also in favour to Petron as crude oil price dropped 10 % last week alone to 9-year low . That favour further to Petron as their costs drop leading to better margin . For the past 3 q Petron net margin of mere 3% already net them RM 204 million profit !
2015-12-12 20:01 | Report Abuse
And actually in term of eps for the first 3q, Petron actually earned more than PETDAG. So what's the logic of PETDAG RM 24.50 and Petron only 4.43 now ?!
2015-12-12 19:56 | Report Abuse
Its funny why investors didn't discover this extremely undervalued stock. 9-month this year already made eps 75 cents . Even assume 0 profit in Q4 at PE =10, this stock already worth RM 7.50And mind you , their competitor PETDAG now is RM 24.50 and PE >20.
2015-11-16 19:05 | Report Abuse
Hi, last year Han Jiang, Hu Tu had written a few very good report on Weida. But probably the timing wasn't right then. Now may be the right time to relook at Weida now?
2015-10-29 18:41 | Report Abuse
From info that I gather, it's has potential to hit 4 in 1-2 years
2015-10-29 18:40 | Report Abuse
This counter is solely the hard work of Icon, not me. I have to thank Icon!
2015-10-29 13:24 | Report Abuse
May potentially hit 4 next year
2015-10-21 18:29 | Report Abuse
Hi Icon, tq for your excellent write up on Johotin. Since Johotin has moved, has to look for other quality laggards. How about your the other star, IQ ?
2015-10-18 13:57 | Report Abuse
I see, thank you for your advice very much. Then I should just stick to Johotin.
2015-10-18 11:49 | Report Abuse
Hi Icon, Johotin has moved, would you consider Canone?
2015-10-05 13:35 | Report Abuse
Hi Icon, do you know when the new factory can starts operation ?
2014-07-11 13:56 | Report Abuse
Major shareholders selling, what are they trying to tell investors :
1. I have no confidence in my own company.
2. We are over priced now.
3. Don't buy our shares.
I think we should avoid this counter !
2014-07-02 20:52 | Report Abuse
For FY14 : 9 months already made 47 cents. If Q4 make another 13 cents ( same as Q3, which is always the weakest Q, from Jan - Mac ), whole year could earns 60 cents. At PE = 10, Latitude is worth RM 6.00. Let's wait and see !
2014-06-25 20:18 | Report Abuse
Q3 has always been the slowest q due to festival holiday and after Christmas. Sales always pick up thereafter and get stronger in the 2nd half of the year. With the full inclusion of Vietnam profit from now onward, we shall patiently see how Latitude performs. Smart investors would quietly accumulate from here.
2014-06-25 20:11 | Report Abuse
Write a comment..where are all those sifu of Latitude earlier? When Latitude only stop work for 7 days and all ran for their life, so call long term investors, ummm. ..
Stock: [PETRONM]: PETRON MALAYSIA REFINING & MARKETING BERHAD
2016-01-04 12:53 | Report Abuse
For a well managed company in KLSE , a PE of 12-15 is fair. Hence Petronm may worth RM 12 - RM 15.