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Last Price

4.25

Today's Change

-0.02 (0.47%)

Day's Change

4.22 - 4.30

Trading Volume

26,400


10 people like this.

19,330 comment(s). Last comment by mf 4 weeks ago

mf

29,099 posts

Posted by mf > 2024-08-05 16:00 | Report Abuse


Time
US 30
39,128.5 39,587.0 39,025.5 -608.8 -1.53%
03:58:09
US 500
5,227.7 5,314.6 5,172.2 -118.9 -2.22%
03:58:05
US Tech 100
17,740.9 18,265.1 17,243.2 -697.2 -3.78%
03:58:18

subwayzzz

1,063 posts

Posted by subwayzzz > 2024-08-14 11:44 | Report Abuse

i buy the dip

Sslee

6,748 posts

Posted by Sslee > 2 months ago | Report Abuse

Expecting a poor result as refining crack spread is poor.

Posted by jomvalueinvest2 > 2 months ago | Report Abuse

Where can find data on refining crack spreads?

Posted by allaboutvalue > 2 months ago | Report Abuse

Sslee, would you share your knowledge about crack spread, or any website that i could refer to? I wish to learn more about this. TQ

Sslee

6,748 posts

Posted by Sslee > 2 months ago | Report Abuse

For your reference:
Gasoil/diesel crack spread chart (historical highest level range)
https://www.tradingview.com/symbols/NYMEX-GOC1%21/
https://www.investing.com/commodities/nymex-singapore-gasoil-platts-c1-futures-historical-data
Kerosene/ jet fuel crack spread (at historical highest range level)
https://www.tradingview.com/symbols/NYMEX-ASD2!/
Gasoline/petrol RON 92 crack spread spread chart (normalize level range)
https://www.tradingview.com/symbols/NYMEX-D1N1%21/
SINGAPORE MOGAS 95 UNLEADED (PLATTS) FUTURES
https://www.tradingview.com/symbols/NYMEX-AV02%21/
Brent crude oil
https://tradingeconomics.com/commodity/brent-crude-oil

Sslee

6,748 posts

Posted by Sslee > 2 months ago | Report Abuse

Petron Phillipine already announce Q2 end 31/6/2024 result.

Sslee

6,748 posts

Posted by Sslee > 2 months ago | Report Abuse

Petron corp q2 end 31/06/24 result out:
Peso million
Net income: 2,090
Attributable to:
Equity holders of parent company: 2,045
Non controlling interest: 45

Since Petron corp hold 73.4% Petronm hence
Petronm income = Peso 45/0.266 =169.17 million
AT 30/6/24 1 RM =12.4 Peso
Q2 net profit= RM169.17/12.4= RM 13.64 million

Posted by allaboutvalue > 2 months ago | Report Abuse

This is very helpful. TQ

Posted by allaboutvalue > 2 months ago | Report Abuse

Indeed crack spread has gone down.

Johnchew5

11,599 posts

Posted by Johnchew5 > 2 months ago |

Post removed.Why?

Johnchew5

11,599 posts

Posted by Johnchew5 > 2 months ago |

Post removed.Why?

Johnchew5

11,599 posts

Posted by Johnchew5 > 2 months ago | Report Abuse

Current Ratio 1.26
Debt-Equity (DE) Ratio 1.08
FCF Yield 34.41 %
Revenue QoQ 3.43 %
Revenue YoY 21.73%
Profit QoQ 68.28 %
Profit YoY -35.89 %

Sslee

6,748 posts

Posted by Sslee > 2 months ago | Report Abuse

Mike/John-tikus copy and paste without knowing what he paste hence still trapped inside HRC penthouse 44 floor.

Johnchew5

11,599 posts

Posted by Johnchew5 > 2 months ago | Report Abuse

I had predicted Petronm n HRC Point 3 n Point 4 correctly when sslleee asked me ..


Oh when ssleee promoted Petronm at RM 7.00 in Insas … I am posted is in Point 1 peak Range … ethical Sifu 3iii posted Market is on Sale …


Note : Point 1 - Peak Range … Point 2 - Slide down … Point 3 - rebound with Swing Swing Swing … Point 4 - Down trend …

Johnchew5

11,599 posts

Posted by Johnchew5 > 2 months ago |

Post removed.Why?

Sslee

6,748 posts

Posted by Sslee > 2 months ago | Report Abuse

Aiyoyo Mike-tikus punya TA told him HRC floor 44 is the bottom floor hence trapped himself inside HRC 44 floor untill now. Kasien!

Johnchew5

11,599 posts

Posted by Johnchew5 > 2 months ago | Report Abuse

Oh , need to repeat ke … I bought HRC at RM 4.40 , 200 share only …. Did not sell even Petronm latest QR is bad before HRC QR at 4.55 to 4.60 , as for case study : 



1) See Sslleee Crack here Crack there Crack his Head at both Petronm n HRC 



2) referred to sslleee idol Conartist Callvin in TSH .. what is the result of did not cutwin at range 1.80 but following his call keep averaging down every 10 sen down ..


P/s : I had predicted Petronm n HRC Point 3 n Point 4 correctly when sslleee asked me .

Sslee

6,748 posts

Posted by Sslee > 2 months ago | Report Abuse

Aiyoyo cheap people Mike-tikus only can afford to buy 200 share.
Mind also telling trapped inside jaks how many shares and at which floor?

Sslee

6,748 posts

Posted by Sslee > 2 months ago | Report Abuse

Aiyoyo cheap people Mike-tikus only can afford to buy 200 share.
Mind also telling trapped inside jaks how many shares and at which floor?

Johnchew5

11,599 posts

Posted by Johnchew5 > 2 months ago |

Post removed.Why?

Johnchew5

11,599 posts

Posted by Johnchew5 > 2 months ago |

Post removed.Why?

Sslee

6,748 posts

Posted by Sslee > 2 months ago | Report Abuse

Me in Petronm forum to give informations
Is cheap people Mike-tikus come to Petronm forum to seek attention?

Johnchew5

11,599 posts

Posted by Johnchew5 > 2 months ago |

Post removed.Why?

Johnchew5

11,599 posts

Posted by Johnchew5 > 2 months ago |

Post removed.Why?

Johnchew5

11,599 posts

Posted by Johnchew5 > 2 months ago |

Post removed.Why?

Posted by allaboutvalue > 2 months ago | Report Abuse

All i could say the info Sslee provided are helpful

Posted by jomvalueinvest2 > 2 months ago | Report Abuse

Crack spread for refinery is increasing ?

speakup

27,004 posts

Posted by speakup > 2 months ago | Report Abuse

How u know?

Posted by jomvalueinvest2 > 2 months ago | Report Abuse

I dnt know. That's y I asked

aklobi

312 posts

Posted by aklobi > 2 months ago | Report Abuse

Bought Petronim today @4.41

sheldon

1,421 posts

Posted by sheldon > 2 months ago | Report Abuse

Thursday is usually results day for Petron. Good, Expected or Bad?
Where's our genuis who can work out Malaysian's performance from Phillippine parent?

Sslee

6,748 posts

Posted by Sslee > 2 months ago | Report Abuse

Repost
Posted by Sslee > Aug 15, 2024 3:55 PM | Report Abuse X
Petron corp q2 end 31/06/24 result out:
Peso million
Net income: 2,090
Attributable to:
Equity holders of parent company: 2,045
Non controlling interest: 45

Since Petron corp hold 73.4% Petronm hence
Petronm income = Peso 45/0.266 =169.17 million
AT 30/6/24 1 RM =12.4 Peso
Q2 net profit= RM169.17/12.4= RM 13.64 million

speakup

27,004 posts

Posted by speakup > 2 months ago | Report Abuse

There's the Genius!

sheldon

1,421 posts

Posted by sheldon > 2 months ago | Report Abuse

TQ Sslee.
What rotten results!

Learner68

41 posts

Posted by Learner68 > 2 months ago | Report Abuse

Thanks to SsLee for the analysis.

Posted by jomvalueinvest2 > 2 months ago | Report Abuse

Just as I thought after HengYuan released its QR ...

sheldon

1,421 posts

Posted by sheldon > 2 months ago | Report Abuse

Although the Profit had dropped significantly i.e. half year from 149m to 83m and quarterly from 40m to 13m, I can't seem to clearly figure from their explanation as to why. Is it bad English or BS?

Posted by jomvalueinvest2 > 2 months ago | Report Abuse

They didn't explain in detail, apparently

aklobi

312 posts

Posted by aklobi > 2 months ago | Report Abuse

Bought more @4.30 today

Posted by AzlanIshtiqal > 2 months ago | Report Abuse

Sy tunggu RM4 baru hentam ...

mf

29,099 posts

Posted by mf > 2 months ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

40,345.41

-410.34

1.00%

Nasdaq

NASDAQ Composite

16,690.83

-436.82

2.55%

sheldon

1,421 posts

Posted by sheldon > 2 months ago | Report Abuse

AzlanIshtiqal - tak makan ka?

Posted by allaboutvalue > 1 month ago | Report Abuse

Two sinochem oil refineries declared bankrupt as margins plunge

https://theedgemalaysia.com/node/726927

StarOfTheBull

7,991 posts

Posted by StarOfTheBull > 1 month ago | Report Abuse

This one follows Hengyuan. Better take profit and run.

mf

29,099 posts

Posted by mf > 1 month ago | Report Abuse

U.S. crude oil jumps more than 3%, closes above $77 as market waits for Israel strike against Iran
Published Mon, Oct 7 20247:20 AM EDTUpdated 2 Hours Ago

Income

12,232 posts

Posted by Income > 1 month ago | Report Abuse

Makan

mf

29,099 posts

Posted by mf > 4 weeks ago | Report Abuse


Crude Oil WTI
Nov 24 71.22 72.12 70.75 -2.61 -3.54%
02:57:51
Copper
Dec 24 4.3505 4.4115 4.3432 -0.0532 -1.21%
02:57:49
Brent Oil
Dec 24 74.75 75.70 74.25 -2.71 -3.50%

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