Posted by Million78 > 2017-05-18 11:36 | Report Abuse

well say giv u a like

Posted by CharlesT > 2017-05-18 11:37 | Report Abuse

This stock reminded me of KESM's pattern

Posted by ckyap17 > 2017-05-18 11:52 | Report Abuse

is only high risk when we do not understand the business and what we are doing

Posted by suregain > 2017-05-18 12:11 | Report Abuse

bought 8.64

Posted by Kadir Almushayah > 2017-05-18 12:37 | Report Abuse

suregain...whats tp fr this stock?

Posted by bluelight > 2017-05-18 13:30 | Report Abuse

After petronm turnaround into successful business, now planning for huge expansion

Posted by suregain > 2017-05-18 13:42 | Report Abuse

Rm12

Posted by shidayea > 2017-05-18 13:43 | Report Abuse

@suregain.. really? #ilikeit

Posted by suregain > 2017-05-18 13:44 | Report Abuse

If can deliver good resut stil consider Cheap counter

Posted by lordng94 > 2017-05-18 13:50 | Report Abuse

suregain, not a bad qr ahead? must look for future.

Posted by confuse > 2017-05-18 13:52 | Report Abuse

Yesterday I saw very long q at Petron petrol stations. How Petron can make more money when less people pump oil when petrol hike?

Posted by probability > 2017-05-18 13:54 | Report Abuse

because when its very long queue...you waste petrol by keeping the engine on ma

Posted by confuse > 2017-05-18 13:58 | Report Abuse

Wrong bro. RM 2.08 actually.

Posted by probability > May 17, 2017 02:55 PM | Report Abuse
predict RON 95 would be at ~ 2.05 only...coz the Ringgit strengthened.

Posted by confuse > 2017-05-18 13:59 | Report Abuse

Engine on dangerous bro. Can get explosion also be careful.

Posted by probability > May 18, 2017 01:54 PM | Report Abuse
because when its very long queue...you waste petrol by keeping the engine on ma

Posted by probability > 2017-05-18 14:00 | Report Abuse

you did not see the text ~..need to improve your eyesight..on top of the 'confusion'..

Posted by probability > 2017-05-18 14:02 | Report Abuse

when you fill petrol ...you stop the engine...not when you queue la...
then you spoil your engine then..start stop..start stop..

Posted by probability > 2017-05-18 14:03 | Report Abuse

cost impact of 1 engine equals 20 years of saving fuel by 5 sens per week..

Posted by confuse > 2017-05-18 14:09 | Report Abuse

Why buy stock and buy petrol different method? If you buy petrol not buy more when cheap? Why buy stock the higher it become the better it is? Why I don't see long q at Petron petrol stations today unlike yesterday?

Posted by lordng94 > May 18, 2017 11:31 AM | Report Abuse
Bro, many people keep saying stock is a high risk high return and low risk low return game. For me, it is low risk high return and high risk and no return type og investment. PetronM is the very few transparent companies which allows you to see, to feel how good they run their retail business, able to monitor the crack spread, watch the oil price and etc... All these "Known" factors have already minimized your risks, but many people cant see it and trade the stocks based on their baseless feeling.

Posted by probability > 2017-05-18 14:21 | Report Abuse

actually...

say you save 5 cents per liter...and say your consumption is RM100 per week.

Savings = (0.05/RM 2 current approximate fuel price) * RM 100 = RM2.50 per week.

Meaning in 20 years you would have saved = 52 weeks/year * 20 years x RM2.50 /week = RM 2600


what have you lost in the process?

1 engine = RM 5000

que time = 15 min per week = 260 hrs in 20 years = 32 days of your lifetime.

does this means your life is so cheap = RM 2600/ 32 days = this must be your earnings power


Yes...if you earn an income of RM2600 per month..and you are sure it wont make u replace an engine of RM 5000 and you are not going to pay any extra cost like toll to access the petrol station or smoking a pack of cigarettes while waiting.....

queing 15 min for saving RM 2.50 per week is justified.

Go ahead..trust i have cleared your confusion

Posted by Alex Lim Jun Xiong > 2017-05-18 14:26 | Report Abuse

Many Petron stations in Penang earn extra income by letting customer to park at their petrol station.
People pay RM2 to park there in order to eat at hawker stalls beside, the cost is RM0 & lots is so full~

Posted by probability > 2017-05-18 14:30 | Report Abuse

actually your savings is only half of it...coz not you save 5 cents intermittently - not every week... and also you may end up with a loss...you can only do it if your fuel tank is kept empty and you know its wednesday and they will will hike up the price.

how if the price had went up while you were keeping your fuel tank empty in anticipation of a fuel price reduction on Sat, Sun...and damn suddenly on Monday and Tuesday the crude price went up?

Posted by probability > 2017-05-18 14:31 | Report Abuse

lol!...cant believe how weak is human mathematical judgement...

Posted by Alex Lim Jun Xiong > May 18, 2017 02:26 PM | Report Abuse

Many Petron stations in Penang earn extra income by letting customer to park at their petrol station.
People pay RM2 to park there in order to eat at hawker stalls beside, the cost is RM0 & lots is so full~

Posted by Alex > 2017-05-18 14:31 | Report Abuse

anyone lagging assessing bursa?

Posted by lordng94 > 2017-05-18 14:56 | Report Abuse

No need to explain too much to confuse..By the time Confuse think how Petron will make money, I have earn yearssss of free Petrol money from PetronM. This is the difference between some people can "see" and some people dont.

Posted by shidayea > 2017-05-18 15:06 | Report Abuse

X paham.. here we talk about share market but why suddenly people talk about fuel at petron pump station?? Aduhhh
..

Posted by Million78 > 2017-05-18 15:10 | Report Abuse

someone pls clear the roadblock 8.70 and let it go to good good 9 haha^^

Posted by Million78 > 2017-05-18 15:34 | Report Abuse

time to free up

Posted by Million78 > 2017-05-18 15:58 | Report Abuse

gogogo oleh oleh oleh = boleh^^

Posted by Kadir Almushayah > 2017-05-18 17:06 | Report Abuse

kena block liao

Posted by CharlesT > 2017-05-18 17:07 | Report Abuse

Pulling handbrake while waiting for Q result next week

Posted by paperplane2016 > 2017-05-18 20:16 | Report Abuse

I guess is good time to add some petronm

Posted by davidtslim > 2017-05-18 23:25 | Report Abuse

http://www.enanyang.my/news/20170518/petron%E6%8B%9F%E6%8A%95%E8%B5%8465%E4%BA%BFbr-%E5%8D%87%E7%BA%A7%E5%A4%A7%E9%A9%AC%E7%82%BC%E6%B2%B9%E5%8E%82/

Posted by probability > 2017-05-19 00:57 | Report Abuse

http://www.thestar.com.my/news/nation/2017/05/18/shell-apologises-for-computer-glitch-set-fuel-prices-double/

Posted by ckyap17 > 2017-05-19 06:26 | Report Abuse

Based on this article. After expansion,
petron corp expected quarter revenue
will be around P20 billion X 3 = P60 billion

Normally petronm will contribute 25% of its total revenue, so the estimated quarter revenue = P60 billion x 25% x 0.23 = RM345 million

Assumed conversion rate is 1 peso = rm 0.23

http://www.enanyang.my/news/20170518/petron%E6%8B%9F%E6%8A%95%E8%B5%8465%E4%BA%BFbr-%E5%8D%87%E7%BA%A7%E5%A4%A7%E9%A9%AC%E7%82%BC%E6%B2%B9%E5%8E%82/

Posted by huisoh > 2017-05-19 07:11 | Report Abuse

Will cc up ?

Posted by ckyap17 > 2017-05-19 09:20 | Report Abuse

engine just started. 0.22 dividen coming, very solid quarterly report coming, good expension news

Posted by CharlesT > 2017-05-19 09:37 | Report Abuse

Looks good...hopefully RM10 mari next week

Posted by shidayea > 2017-05-19 09:39 | Report Abuse

Yesss.. tdy pickup time.. T3.. x rugi bought at 8.63 on tuesday..

Posted by Alex > 2017-05-19 09:42 | Report Abuse

lai liao

Posted by shidayea > 2017-05-19 09:43 | Report Abuse

Smile......

Posted by Kadir Almushayah > 2017-05-19 09:49 | Report Abuse

be aware...capex announced may stall upside. money to spend on xpansion plans is quite alot.

Posted by Kadir Almushayah > 2017-05-19 09:50 | Report Abuse

so wait fr the official report

Posted by Alex > 2017-05-19 09:59 | Report Abuse

so, more investment = price drop?

Posted by HaoRan > 2017-05-19 10:02 | Report Abuse

haha, petron loves rollercoaster

Posted by Alex > 2017-05-19 10:05 | Report Abuse

gg i sissy lo, trapped 285

Posted by thenewbee > 2017-05-19 10:09 | Report Abuse

already say can collect lower d haha, buy mother safest now.

Posted by Alex > 2017-05-19 10:11 | Report Abuse

ok :')

Posted by 十强 > 2017-05-19 10:11 | Report Abuse

petronm hoseh, congrat u all

Posted by Alex > 2017-05-19 10:14 | Report Abuse

27 volume only....ahaha

Posted by tong01 > 2017-05-19 10:17 | Report Abuse

expansion always a good thing, if not how to growth? It is how market perceived the funding needed by the expansion. I saw one sifu do put down the scenarios on the expansion funding, but ultimately, it is up to the management to decide how to proceed, we can just wait for the news to come out.