You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

4.62

Today's Change

+0.14 (3.12%)

Day's Change

4.50 - 4.70

Trading Volume

1,325,300


10 people like this.

19,327 comment(s). Last comment by StarOfTheBull 8 hours ago

Posted by Daniel Yap > 2017-05-15 11:08 | Report Abuse

@win_win hengyuan is trading at PE4++ only now. Klscreener is not accurate.

probability

14,490 posts

Posted by probability > 2017-05-15 11:08 | Report Abuse

逍遥子..didnt get you?

Posted by 逍遥子 > May 15, 2017 11:06 AM | Report Abuse

personally I guess RXX Investment Bank is doing damage control now.

probability

14,490 posts

Posted by probability > 2017-05-15 11:10 | Report Abuse

ok u meant the CC issued by RXX

paperplane2016

21,644 posts

Posted by paperplane2016 > 2017-05-15 11:10 | Report Abuse

their CB bleeding, CC turning CC for them. hehehe

pitbull

1,438 posts

Posted by pitbull > 2017-05-15 11:11 | Report Abuse

逍遥子,你的意思是什么?
想了解下

逍遥子

805 posts

Posted by 逍遥子 > 2017-05-15 11:13 | Report Abuse

The 2 call warrants seems like going to be a losses for the issued bank, so what they can do now is try to do some damages limitation

Posted by Kadir Almushayah > 2017-05-15 11:15 | Report Abuse

shidayea..wah main amek dividen ye

pitbull

1,438 posts

Posted by pitbull > 2017-05-15 11:18 | Report Abuse

Okok thanks 逍遥子。。

pitbull

1,438 posts

Posted by pitbull > 2017-05-15 11:18 | Report Abuse

沙特、俄罗斯能源部长发表联合声明,俄罗斯、沙特认为减产协议奏效,库存下降;沙特能源部长法力赫称,减产协议需要延长,协议到期日应在2018年第一季度,决定将在5月25日会议上做出.

*石油期货大起现在48.57*

kee262

27 posts

Posted by kee262 > 2017-05-15 11:20 | Report Abuse

Richdad
What stocks are you currently holding . Are you still holding liihen?

Million78

292 posts

Posted by Million78 > 2017-05-15 11:22 | Report Abuse

ya operator is pressing the price, but who is still buying why haha

Million78

292 posts

Posted by Million78 > 2017-05-15 11:23 | Report Abuse

more to go hold tight tight^^

逍遥子

805 posts

Posted by 逍遥子 > 2017-05-15 11:43 | Report Abuse

Personally I think it is good to have some consolidation, as last week itself already up 21+%, let it settle down first, next spike can be very explosive as there will be minimum resistance

davidtslim

132 posts

Posted by davidtslim > 2017-05-15 11:48 | Report Abuse

I think RXX investment bank may not able to do much to press down the price of mother. Unless they got a lot of mother shares or can borrow from someone. Even they do so, once good result released, they still suffer loss in mother if they borrow someone share to dump now.

davidtslim

132 posts

Posted by davidtslim > 2017-05-15 11:48 | Report Abuse

This bull time many call warrant issuers suffer loss. I think they cannot do much unless they got mother shares in hand.

suregain

1,611 posts

Posted by suregain > 2017-05-15 11:58 | Report Abuse

today anyone top up mother??

davidtslim

132 posts

Posted by davidtslim > 2017-05-15 12:09 | Report Abuse

They can accumulated some shares, but Petronm free flow shares not much and I doubt how much they can accumulate, once got strong buying interests, price will go up as in past 1 week. All Investment banks got many Call warrants from many counters. I doubt they can buy all their issued call warrant Mother to control the price. I guess they never think mother can go up so much as their ratio of conversion is very very high for CC and not low for CB also

逍遥子

805 posts

Posted by 逍遥子 > 2017-05-15 12:28 | Report Abuse

Petronm to increase it refinery capacity to 150K B/D !

For Long term is good, however short term the cash flow might be affected hence dividend payout ratio will be affected

https://business.inquirer.net/229522/petron-expanding-refinery-capacity?from=groupmessage&isappinstalled=0

shidayea

841 posts

Posted by shidayea > 2017-05-15 12:29 | Report Abuse

@en kadir.. he3.. tis counter is good paymaster..#ilikeit..

ckyap17

54 posts

Posted by ckyap17 > 2017-05-15 12:37 | Report Abuse

5 X buying volume compared to selling volume. Lucky just top up more. Just wondering why only RHB offered bank warrants?

Posted by Kadir Almushayah > 2017-05-15 12:38 | Report Abuse

@ shidayea..muka ada bnyk senyum haha

paperplane2016

21,644 posts

Posted by paperplane2016 > 2017-05-15 12:56 | Report Abuse

The country’s leading oil distributor and refiner, Petron Corp., is preparing to invest more to nearly double its refining capacity in Malaysia to produce petrochemicals and aromatics

Read more: https://business.inquirer.net/229522/petron-expanding-refinery-capacity#ixzz4h7W9Nvj8
Follow us: @inquirerdotnet on Twitter | inquirerdotnet on Facebook

paperplane2016

21,644 posts

Posted by paperplane2016 > 2017-05-15 12:56 | Report Abuse

The capacity of the refinery there is 80,000 [barrels per day]. We’ll make it about 150,000 barrels per day,” Ang said.

Read more: https://business.inquirer.net/229522/petron-expanding-refinery-capacity#ixzz4h7WFLvj8
Follow us: @inquirerdotnet on Twitter | inquirerdotnet on Facebook

paperplane2016

21,644 posts

Posted by paperplane2016 > 2017-05-15 12:56 | Report Abuse

SUPERPOSITIVE news

Firefox

85 posts

Posted by Firefox > 2017-05-15 13:09 | Report Abuse

Pchem just announce a good result!
So as petronm?? Haha just guessing

pitbull

1,438 posts

Posted by pitbull > 2017-05-15 13:24 | Report Abuse

If crude oil stand stable above the 50..
Then continue expanding their capacity. Coming future is very bright..
For long term investor ..nice

paperplane2016

21,644 posts

Posted by paperplane2016 > 2017-05-15 13:25 | Report Abuse

expanding capacity like 100% is MASSIVE!

paperplane2016

21,644 posts

Posted by paperplane2016 > 2017-05-15 13:26 | Report Abuse

Now not even double, already improve efficiency etc sudah move to RM10. LATER expand capacity, RM20 really!
omg

pitbull

1,438 posts

Posted by pitbull > 2017-05-15 13:27 | Report Abuse

Petronm = 5681

pitbull

1,438 posts

Posted by pitbull > 2017-05-15 13:28 | Report Abuse

But....3042 cash flow how?
The debt how ,still healthy?

paperplane2016

21,644 posts

Posted by paperplane2016 > 2017-05-15 13:29 | Report Abuse

this is CASH COW ok. Look at the COF. you will be surprise!

pitbull

1,438 posts

Posted by pitbull > 2017-05-15 13:31 | Report Abuse

Hope the cash cow can give warrant...WA

4444

1,800 posts

Posted by 4444 > 2017-05-15 13:31 | Report Abuse

Too high to chase now. 22 sen dividend below RM 7 safer.

pitbull

1,438 posts

Posted by pitbull > 2017-05-15 13:31 | Report Abuse

I buy in RM 4.5 Until now

4444

1,800 posts

Posted by 4444 > 2017-05-15 13:31 | Report Abuse

Too high to chase now. 22 sen dividend below RM 7 safer.

pitbull

1,438 posts

Posted by pitbull > 2017-05-15 13:32 | Report Abuse

I observed is RM3.5
But nvr take action to buy until 4.5 just go in..

paperplane2016

21,644 posts

Posted by paperplane2016 > 2017-05-15 13:34 | Report Abuse

what if Div increasing as well?

pitbull

1,438 posts

Posted by pitbull > 2017-05-15 13:35 | Report Abuse

If qtr results come out ..the price will be look like cheaper ady...
CNY period..
Christmas period..
All results show on tis qtr..
Gov increase oil prices...also

pitbull

1,438 posts

Posted by pitbull > 2017-05-15 13:36 | Report Abuse

Hope going smoothly....hope la

zexon

330 posts

Posted by zexon > 2017-05-15 13:56 | Report Abuse

Wise move Petron! Petrochem and aromatic business is another big scale money printing machine!

Sean888

85 posts

Posted by Sean888 > 2017-05-15 14:02 | Report Abuse

Zexon..agreed with you..

zexon

330 posts

Posted by zexon > 2017-05-15 14:26 | Report Abuse

http://www.businesstimes.com.sg/energy-commodities/exxonmobil-confirms-acquisition-of-jurong-aromatics-corp

ExxonMobil just bought over Singapore PetroChem Plant last week, PetronM join the force now!

Million78

292 posts

Posted by Million78 > 2017-05-15 14:45 | Report Abuse

good^^

逍遥子

805 posts

Posted by 逍遥子 > 2017-05-15 14:45 | Report Abuse

in the report indirectly indicated that Chairman of Petron Malaysia Ramon Ang is in KL at the moment, hence likely the Qtr results might be announce within this few days + the "Big Investment" announcement.

Keep the figures cross

Million78

292 posts

Posted by Million78 > 2017-05-15 15:22 | Report Abuse

ya good results good announcement on the way^^

Million78

292 posts

Posted by Million78 > 2017-05-15 15:26 | Report Abuse

no more bullet , someone pls help clear the roadblock ^^

skyea

285 posts

Posted by skyea > 2017-05-15 15:28 | Report Abuse

i like the big investment news. who care about dividends when u can get rerating to growth type PE!

Million78

292 posts

Posted by Million78 > 2017-05-15 15:40 | Report Abuse

walao busy bursa is on sales haha 8.5?

Million78

292 posts

Posted by Million78 > 2017-05-15 15:41 | Report Abuse

last week go holiday coming back first day then all doing offer haha

HaoRan

275 posts

Posted by HaoRan > 2017-05-15 15:44 | Report Abuse

hold the fort lolzz haha

Post a Comment
Market Buzz