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2017-05-13 11:45 | Report Abuse
Petronm was one of my pick for 2017 stock
https://klse.i3investor.com/servlets/pfs/70742.jsp
2017-05-12 16:01 | Report Abuse
result out today ?
2017-05-12 15:18 | Report Abuse
Similarly, Earnings before interest, taxes, depreciation and amortization grew by 48% to P= 11.73 billion owing to better operating income.
Earnings per share stood higher at P= 0.43 vis-à-vis P= 0.17 in previous year, while return on sales increased from 3.6% to 5.2%.
The exceptional performance during the first quarter of 2017 versus 2016 is driven by the following:
Consolidated Sales volume reached 26.2 million barrels (MMB) from previous year’s 25.3 MMB. In the Philippines, growth was exhibited in the following trades: Export sales by 18%, Retail by 6%, LPG business by 5%, and Lubes by 16% though partly tempered by the decreases in Supply and Industrial sales. On a per product basis, higher gasoline, petrochemicals and kero/jet sales were partly offset by lower diesel. Meanwhile, for its Malaysian operations, the incremental volume emanated from Industrial and Retail sales by 14% and 3%, respectively, mainly driven by gasoline and kero/jet sales.
Net sales surged by 38% or P= 29.56 billion to P= 106.41 billion due to the increase in average selling prices as regional market prices of finished products rose along with the upward movement in global crude oil prices. During the period, benchmark crude Dubai averaged US$53/bbl, 75% higher than the US$30/bbl in 1Q 2016. This was further boosted by the P= 2.73 average depreciation of Philippine peso versus the US dollar. Higher volume sold also contributed to the increase in revenues.
Likewise, Cost of Goods Sold (CGS) went up by 39% to P= 94.49 billion from last year’s P= 67.92 billion due to the more expensive crude and imported products coupled by the cost of incremental volume sold. Gross margin improved on account of the reversal of the net inventory losses last year to net gains in 1Q 2017, improved refining cost efficiencies as well as higher margins from export sales of petrochemicals.
Selling and Administrative Expenses (OPEX) decreased slightly from P= 3.18 billion in 1Q 2016 to P= 3.07 billion due to lower advertising expenses partly offset by higher LPG cylinder purchases and rental expenses.
Net Financing Costs and Other Charges dropped by P= 0.53 billion to P= 1.74 billion from P= 2.27 billion last year as the Company reported a marked-to-market gain on its outstanding commodity hedge positions and a net forex/hedging gains during the 1Q 2017, compared to losses in 1Q 2016, tempered by higher financing cost from increased borrowing level and rate.
Income tax expense amounted to P= 1.56 billion from P= 0.73 billion in the same period last year due to higher pre-tax income.
2017-05-12 15:14 | Report Abuse
Petron q1 report is good.
http://www.petron.com/web/Media/uploads/05_11_17_-_SEC_Form_17-Q_(1st_Quarter_2017)_(as_filed_with_SEC_on_May_11,_2017)._.pdf
today last chance to buy ?
2017-05-12 12:44 | Report Abuse
335% compare to 2016 q1?
2016 q1 net profit is 16millions. how they get 1.5b peso ?
2017-05-12 11:32 | Report Abuse
can I ask all the sifus here. The petron report said the net income increase 335% to 1.5b peso. The 335% is compare to which quarter ?
2017-05-11 15:57 | Report Abuse
JjPetronm go go go.
2017-05-11 14:42 | Report Abuse
buy buy buy. buy until limit up today
2017-05-11 09:59 | Report Abuse
JjPetronm is coming. Buy now 50% return in 1 month.
2017-05-05 22:50 | Report Abuse
Believe in jjJCY. Buy now 50% return in 1 month
2017-05-05 22:24 | Report Abuse
jjJCY buy now. 50% return in 1 month.
2017-05-05 13:31 | Report Abuse
https://finance.yahoo.com/news/western-digital-announces-financial-results-201000958.html
WD is one of the main customer.
2017-05-03 21:10 | Report Abuse
why KYY keep throwing this counter? any bad news ?
2017-05-02 16:58 | Report Abuse
chose this counter for my 2017 pick.
https://klse.i3investor.com/servlets/pfs/70742.jsp
2017-05-02 09:06 | Report Abuse
Today rm7. Go go go next target rm9
2017-04-28 19:10 | Report Abuse
@shidayae why want to sell now. enjoy the dividend and free meal from agm first. Quater report will out in may. I'm sure is a good result.
2017-04-28 16:58 | Report Abuse
I bought at rm5. Betul la if u all support. Lol
2017-04-28 15:44 | Report Abuse
Today close rm7
2017-04-28 15:01 | Report Abuse
Go go go rm7. Where is venue for the agm this year ?
2017-04-21 15:39 | Report Abuse
Go go go. Rm8
2017-04-21 14:47 | Report Abuse
https://www.quandl.com/collections/markets/aluminium
Aluminum price is increasing. This is an undervalued stock with PE of 7.8.
2017-04-20 00:29 | Report Abuse
Go go go. Petronm all the way up.
2017-04-12 17:48 | Report Abuse
Weekly pricing is good for Petronm . Petronm sure will fly this year. Buy before too late.
2017-03-17 07:31 | Report Abuse
saw some volume yesterday. good new coming soon ?
2017-03-16 10:59 | Report Abuse
go go go
2017-03-15 09:42 | Report Abuse
So many weak holder
2017-03-12 19:15 | Report Abuse
All in tmr
Stock: [LIIHEN]: LII HEN INDUSTRIES BHD
2017-05-17 09:27 | Report Abuse
myb quarter result very good. insider buying