Posted by Superbjet > 2017-07-01 21:07 | Report Abuse

I don't think one should fear because of an increased in Capex for the future expansion. Without addition Capex, PetronM today and 10 years later will remain the same. Refinery biz is like any other O&G, which requires substantial Capex

Posted by Flintstones > 2017-07-01 21:39 | Report Abuse

in b4 petron fansi come n shoot the author

Posted by gohkimhock > 2017-07-01 23:08 | Report Abuse

Private placement means a big shareholder is coming in. Actually not a bad sign.

Posted by lizi > 2017-07-01 23:22 | Report Abuse

kind of hard to imagine how to raise 6 billion, sure must be combination of debt and equity..too huge compare to its size now.

Posted by lizi > 2017-07-01 23:27 | Report Abuse

good for those dividend investors to take note.

Posted by leechen88 > 2017-07-02 06:01 | Report Abuse

Give 1-1 bonus issue first then its price will surpass rm 10 easily. Then bonus issue again 1-1 , at this time it should worth more than 5b market cap. Then finally right issue with warrant

Posted by leechen88 > 2017-07-02 06:30 | Report Abuse

Petdagang market cap now 23.8b vs Petronm market cap 2b. I can't imagine this price. If in us or hongkong , petronm should worth more than 10b due to its more than 20% market share in Malaysia n its very attractive export figures .....stated under its recent financial statements

Posted by leechen88 > 2017-07-02 07:09 | Report Abuse

With share capital 135m @ 0.50 par value n 1.13b retained earning . Bonus issue call should be made. 1-1/2-1/3-1 even5-1 ratio also can ...

Posted by leechen88 > 2017-07-02 07:11 | Report Abuse

If 5b market cap : the valuation will be 5b/270000 big lots = rm 18.50

Posted by superwoman > 2017-07-02 13:34 | Report Abuse

yeah better sell

Posted by paperplane2016 > 2017-07-02 17:11 | Report Abuse

I buy more

Posted by popo92 > 2017-07-03 00:01 | Report Abuse

its way easier to raise fund with higher share prices, it should be a buy call rather than sell call.

Posted by skyea > 2017-07-03 02:36 | Report Abuse

during the AGM, some investors asked about bonus, but ramon already shoot them back that they have no plans on bonus issue, nor make changes to shareholding structure.

Posted by Alex Foo > 2017-07-03 07:59 | Report Abuse

so no need expand. good. maintain at current level. share price rocket up tp20 buy and hold.

Posted by nekosan > 2017-07-03 09:15 | Report Abuse

is ok, Bullmarketz is not controlling stake holder of petronm. just a ikan bilis

Posted by talkyourkok > 2017-07-03 10:10 | Report Abuse

You sold, because you are stupid, you are stupid because you thought you are a genius.

Posted by younginvestor92 > 2017-07-03 15:28 | Report Abuse

you can only choose aggressive growth or dividend..... how to expect two edge sword?

Posted by yapts > 2017-07-03 17:49 | Report Abuse

Once you sold the price shoot up! Buy back ? Contrarian???

Posted by Flintstones > 2017-07-03 17:50 | Report Abuse

hahaha, contrarian in wrong direction?

Posted by yapts > 2017-07-03 17:55 | Report Abuse

Contrarian , don't act smart, you should have sold it when it touches > RM 8.50 {so many occasions} and buy back around RM 7.20. That is called Contrarian.

Posted by leelc99 > 2017-07-03 19:02 | Report Abuse

Hahaha when I read this I want to laugh! https://klse.i3investor.com/blogs/Bullmarketz/126535.jsp

Posted by yapts > 2017-07-03 19:30 | Report Abuse

I have a strong feeling someone want to collect Petron cheap by creating the fear but backfired!

Posted by nekosan > 2017-07-05 09:20 | Report Abuse

lol, another half pass 6 Bullmarketz ... petronm to break 8 soon ...
hahaha

Posted by nekosan > 2017-07-05 09:21 | Report Abuse

next time after sell, wait 1-3 months, when petronm confirm price down, then only post ... hahaha

market is not owned by you alone genius