I hope the EPS will serve like booster rockets to drive the share price to the stratosphere.

I hope the share price tomorrow will do justice

john0909 what is that revolving credit - unsecured 240,000mil?

Just think of rev credit as a much bigger form of bank OD. Petron needs it as it's working capital has increased reducing "Cash flow from operations" by a whopping RM368m

Wow, wow, wow EPS > 30sen!!!

The price is holding up despite the market in the doldrums

xiong87 - This is my waterloo with my average cost @ 3.65, I'm sitting on massive losses. I'm personally worried that even at this level, the co has not stepped in to buyback shares.

However the quarterly dividends is like a balm that soothes the losses a little. If you want some excitement in life then go for more!

any new developments on the tax refund?

xiong87 How you all look at resolution 9 - to renew authority for the comp to purchase its own shares on 12 Oct?

Standard resolution. It's good to give the board the mandate because it enables the Co to buyback their own shares if in it's opinion it's undervalued

Looks like insider trading at play if results are bad. Have not announced yet there's a sell off

Looks like a bad quarterly awaits

Will it be a good day for capital gains? Waiting with bated breath

Yael Jasper Good news incoming, oh yeah ! -

I hope so but don't count the chickens before they hatch - you know how corporate maneuverings can sometimes surprise even the most astute players

This company is characterised by low dividends with low price. Now the results are pathetic. Myanmar expansion is further eroding cash flows.

for sure the results out just before/after close of trading today. The suspense is killing me!!

Past 3 quarters more impressive than petdag although on the decline

Waiting for the 2nd quarter results with much anticipation. I hope it does not fall way short of my rough expectation

should the advise be to buy, sell or do nothing before the results are released?

Stanley8 Guys, anyone know when is Q 3 result for petronm?

If the past is an indicator, then definitely next week.

KLK is trading at 24++.
Batu Kawan, trading at 17++, enjoyed current quarter profits, YTD profits, PE and dividend yield far better than KLK.

how's the outlook? break 1 or break 0.90?

I'm digging my heels in as I feel that this stock is worth a lot more

But on near term projection, will the profit margin higher than previous quarter when the crude oil price is lower? - Good question but I've proper answer except only to say that there are 2 opposing factors as mentioned earlier - increased spreads vs increased cost.

I'm actually more concerned about the transparency. I feel that Petron investors need proper disclosure as to which specific stations belong to this listed vehicle because theoretically, the management could perform backroom tricks to shuffle them around to our detriment.

BetorInvest - Although increase in crude prices will increase crack spreads which is positive for Petron's margins, I understand that it's a double-edged sword.

The cost of refining the crude goes up as well since the process entails consumption of part of the pricey crude that's being refined.

I'm just guessing at 27 sen.

The closest guess will win an all-expense paid trip around the world on board the Equanimity!

Last quarter EPS 26.7 sen. Anybody thinks that this quarter it will exceed 30 sen?

TQ Simon - how ignorant of me

I thought Euro 4 is a diesel requirement. RON 95 is petrol.

I attended the recent AGM & they showed a graph indicating that the crack spread increases with increase in crude prices. Hence a rise in oil price should be positive for petron.

At yesterday's closing, the PE was a mere 4.8!!! So rightfully there should be a lot of room for the price to increase.

The upstream production is NOT parked in Petdag so it's similar to Petron

The ship is slowly sinking

another poor performance

The absence of GST & the possibility of release from the najib tax charge may be driving up the price.

Maybe to settle the 0.5b najib tax, Magnum could contribute to Tabung Harapan a stipend.

Sardin - you're right on that point.

However there are structural issues of governance. The top management are naturally beholden to the Philippine parent co. In addition, (as per directors' report), they own large chunks of San Miguel Corp. Therefore they are incentivised to ensure that the sisters Petron Fuel Int & Petron Oil register more profits by a combination of picking up lesser that their share of expenses and more than their fair share of revenue.

Among others - Euro 5 upgrade & opening of new stations would consume about 600m & yada yada yada.

But here's the realisation.... Are you aware that about half the stations belong to the sister co PFI? Now here's the kicker ... PFI is wholly-owned by San Miguel

SimonLee76 Any highlights on yesterdays AGM?

Yes a disappointing realisation.

I think investors fear margin compression with price of oil on the rise & inability to raise the retail price of petrol

Vincent5525 Effective 601 without GST will be great news for Bjtoto - Never thought of that - TQ Vince .....YAHOO!

i did - why?

all the sites to share prices seem to be inaccessible but my remisier is singing some beautiful melodies

there may be (& I hope not) a black swan event after the election results are announced & the market becomes a total wreck.

The market as reported in the Star is jittery due to the impending elections. Lots of money to be made and lost. It's do or die.

It's May! - We look forward with great trepidation the 31 Mar quarterly performance.

with the price of oil rising & no corresponding increase in petrol prices, Petron will once again suffer from margin compression & it'll affect the bottomline.

Last year dividend was declared end of March. March 2018 has come and long gone. Looks like we have to kiss dividends goodbye.

KISSinvest - I did respond but this site but this site is such a prude & words are not taken in the context - so it was censored - unfortunately

Remember - If you buy at these low prices, you will be enjoying a further 25 sen discount

I bumped into an ex-lecturer of mine. Asked whether he invests in the stock market and he responded with an appropriate comment. Never invest in a company which requires a Recurring RPT approval - which is all listed companies.

It got me thinking. Even if there's a sweet-heart deal in there which milks the plc, nobody can really spot it.

Do you think that TVT is that immoral and cheapskate to milk BToto at the expense of minority shareholders like us?

Comments most welcome.

Dec 2017 quarter's EPS = 36.9 sen

Anybody wants to estimate what will be Petron's EPS for the 1st quarter of 2018?

Although markets are supposedly efficient, it's hard to subscribe to this when extrapolating the latest EPS, the share price at 8.37 is only trading at 5.6++ times.

There must be something that fund managers are seeing but we are not.