Posted by aseng > 2017-05-26 11:30 | Report Abuse

this time must follow closely,
if not , can not watch movie already

Posted by suregain > 2017-05-26 11:30 | Report Abuse

i oredi warned not to buy call warant.. those who stil chase call warant, padan muka

Posted by stockraider > 2017-05-26 11:34 | Report Abuse

Posted by suregain > May 26, 2017 11:24 AM | Report Abuse

always said hengyuan no good... hengyuan profit excedd expectation, petron only meet expectation.


PETRON AND HENGYUAN ARE TWIN BROTHERS....BOTH NEED TO GO UP TOGETHER...TO ENSURE VERY STRONG EXPLOSIVE & SUSTAINABLE UP THRUST FOR ITS SHARE LOH...!!

COME ON, CHEER PETRON FOR A VERY FAST RECOVERY LOH.....!

Posted by probability > 2017-05-26 11:34 | Report Abuse

true..what raider said

Posted by aseng > 2017-05-26 11:36 | Report Abuse

Little_snake,

1. did you see the words " HARD CASH" in my comment

2. is it possible to lose 50% with the current financial position of petronm

3 if something you believe impossible to happen and it has happened,
then, accept the fact with a smile , but hold tight and keep waiting. but do not allow it to become a real loss



Posted by little_snake > May 26, 2017 11:27 AM | Report Abuse

what about paper loss 50%? kikiki....

Posted by paperplane2016 > 2017-05-26 11:37 | Report Abuse

raider bro, nice to see you here. YES! let those shortterm loser sell! we buying

Posted by aseng > 2017-05-26 11:40 | Report Abuse

why talking so much about CW ???

that is for gamblers !!!!
that is for who has 1M want to play 5 M !!!
but, you can't decide "WIN" or "LOSE"

Posted by aseng > 2017-05-26 11:41 | Report Abuse

paperplane,

why never say "hi" to me

what I say not exciting ?

Posted by aseng > 2017-05-26 11:43 | Report Abuse

probability,

why never say "hi" to me
have you forgotten we are good friend now ?

Posted by skyea > 2017-05-26 11:43 | Report Abuse

bought 100 shares at 8.30 using my CDS account. so i can go goreng the director at mandarin oriental and eat free buffett

Posted by skyea > 2017-05-26 11:44 | Report Abuse

thats rm 830 XD

Posted by paperplane2016 > 2017-05-26 11:45 | Report Abuse

this stock super marvellous

Borrowing reduced from 307,960 to 291,448 in 1 quarter, 16.5mil reduced, cash increased from 171,640 to 204,839, increase 33,199.


in total cash increase actually 49.699 mil.

Posted by aseng > 2017-05-26 11:46 | Report Abuse

can not understand,
you mean cash ?

Posted by skyea > May 26, 2017 11:43 AM | Report Abuse

bought 100 shares at 8.30 using my CDS account. so i can go goreng the director at mandarin oriental and eat free buffett

Posted by George888 > 2017-05-26 11:46 | Report Abuse

I add in more, at PE 6.86, dirt cheap for a company that has good profit growth.

Posted by aseng > 2017-05-26 11:47 | Report Abuse

paperplane ,

I am waiting for you to say hi to me

Posted by aseng > 2017-05-26 11:47 | Report Abuse

good boy,
that is right !!!!

Posted by George888 > May 26, 2017 11:46 AM | Report Abuse

I add in more, at PE 6.86, dirt cheap for a company that has good profit growth.

Posted by skyea > 2017-05-26 11:47 | Report Abuse

ya otherwise how to attend lol

Posted by paperplane2016 > 2017-05-26 11:50 | Report Abuse

aseng gor, HI then, hgag

Posted by paperplane2016 > 2017-05-26 11:51 | Report Abuse

actually, based on latest result, PETRONM yielding is even much better although price gone up.

The result improve more than the price improve, continue BUY!

Posted by aseng > 2017-05-26 11:52 | Report Abuse

paperplane ,

now people are so scare , they do not look at this anymore

they only happy to see the price , UP,....UP





Posted by paperplane2016 > May 26, 2017 11:45 AM | Report Abuse

this stock super marvellous

Borrowing reduced from 307,960 to 291,448 in 1 quarter, 16.5mil reduced, cash increased from 171,640 to 204,839, increase 33,199.

Posted by aseng > 2017-05-26 11:54 | Report Abuse

don't have to attend AGM one lah...
result already so good

just get prepare to collect you fast gain and go HOLIDAY

where got time to go AGM , stupid !

Posted by aseng > 2017-05-26 11:57 | Report Abuse

next week price goes back 9.00

there are people happy and there are people banging their head on the wall

which one is YOU ?

you are heading for "HOLIDAY" or heading for the "WALL"

Posted by paperplane2016 > 2017-05-26 11:57 | Report Abuse

GRAHAM number tell me RM13.

Posted by paperplane2016 > 2017-05-26 11:58 | Report Abuse

above RM13 only sell! hhe

Posted by aseng > 2017-05-26 12:00 | Report Abuse

paperplane sifu ,

HI, we are firm with what we believe
our reward :HOLIDAY






osted by paperplane2016 > May 26, 2017 11:50 AM | Report Abuse

aseng gor, HI then, hgag

Posted by probability > 2017-05-26 12:00 | Report Abuse

hi aseng...wish u make fantastic profit...and donate like pplane!

u had always been my friend ma..

Posted by aseng > May 26, 2017 11:43 AM | Report Abuse

probability,

why never say "hi" to me
have you forgotten we are good friend now ?

Posted by stockraider > 2017-05-26 12:01 | Report Abuse

Raider see eventually HRC share price will catch up with Petron at +- Rm 0.50 loh....!!

Right now
Petron is Rm 8.34
HRC is Rm 5.74

Plenty of room and opportunity for Hengyuan loh....!!

But hopefully Petron move up further instead of come down loh...!

Posted by paperplane2016 > 2017-05-26 12:02 | Report Abuse

yes, seng gor. Sure can enjoy holidsy. look at how they parred down borrowing, same like RGB. Sooner later it will reach RM10 above.

if you ask me, now only 0.20 per year, can easily double dividend to 0.40, cost only 54mil, sap sap sui

Posted by sheldon > 2017-05-26 12:02 | Report Abuse

very good results announced for the first quarter!

Posted by aseng > 2017-05-26 12:02 | Report Abuse

probability sifu,

why you so slow one !
I thought you do not want to friend with me

Posted by probability > 2017-05-26 12:03 | Report Abuse

watching other forums also ma..

Posted by paperplane2016 > 2017-05-26 12:03 | Report Abuse

I mean 54mil sap sap sui, 108mil also no problems. after parred down loan in next two quarter, can start giving higher dividend while allocate some to expand CAPEX.

Posted by Jay > 2017-05-26 12:04 | Report Abuse

like I said before, if people have unrealistic expectations then no one can help it
I'll get my usual break as this page turns rowdy

just some crack spread data update for those interested
4Q16 vs 1Q17 vs 2Q17 so far
Tapis Asia: 6.78/8.47/8.50
Minas Asia: 11.03/11.95/11.93
US Gulf: 10.61/11.96/13.38
Northwest Europe: 9.42/9.50/11.61

Posted by paperplane2016 > 2017-05-26 12:05 | Report Abuse

raider bro, but shell borrowing much higher, petronm much better position. they should be given better PE in a sense lah.

PE 15 also not so high right

PE 10 for PetronM=16
PE 15 for PteronM=24.

Posted by aseng > 2017-05-26 12:05 | Report Abuse

good suggestion !
i will donate 10k to my fo-tang construction

Posted by probability > May 26, 2017 12:00 PM | Report Abuse

hi aseng...wish u make fantastic profit...and donate like pplane!

Posted by aseng > 2017-05-26 12:06 | Report Abuse

will still donate even without fast gain petronM next week

sap-sap sui


Posted by aseng > May 26, 2017 12:05 PM | Report Abuse X

good suggestion !
i will donate 10k to my fo-tang construction

Posted by probability > May 26, 2017 12:00 PM | Report Abuse

hi aseng...wish u make fantastic profit...and donate like pplane!

Posted by Jay > 2017-05-26 12:07 | Report Abuse

like I said before, if people have unrealistic expectations then no one can help it
I'll get my usual break as this page turns rowdy

just some crack spread data update for those interested
4Q16 vs 1Q17 vs 2Q17 so far
Tapis Asia: 6.78/8.47/8.50
Minas Asia: 11.03/11.95/11.93
US Gulf: 10.61/11.96/13.38
Northwest Europe: 9.42/9.50/11.61

Posted by paperplane2016 > 2017-05-26 12:09 | Report Abuse

Stock: [PETRONM]: PETRON MSIA REFINING& MKTG BHD

May 26, 2017 10:34 AM | Report Abuse

forget about profit, free cashflow RM300-400m a year, love it


Agree with Jay. 300mil is good enough, 400mil++ is achievable. of course future when capacity expand will be more.

300mil FCF shall give us around RM11 range.

Posted by probability > 2017-05-26 12:09 | Report Abuse

thanks for sharing Jay...
once in a while some silly comments in forum is nice
all timid...no rowdies here

Posted by stockraider > 2017-05-26 12:09 | Report Abuse

Posted by paperplane2016 > May 26, 2017 12:05 PM | Report Abuse

raider bro, but shell borrowing much higher, petronm much better position. they should be given better PE in a sense lah.

PE 15 also not so high right

PE 10 for PetronM=16
PE 15 for PteronM=24.

What is the issue of borrowing when make so much monies leh ??

Lets say PE 12x bcos of higher borrowing loh....!!
Shell EPS at Rm 2.00 at Pe 12x will give Rm 24.00 loh...!!

Posted by paperplane2016 > 2017-05-26 12:19 | Report Abuse

agree with you raider bro. CFO so strong. borrowing as long as int don't hike too much shall not be worried.

Posted by aseng > 2017-05-26 12:35 | Report Abuse

Jay,

Good or no good profit margin compare with latest market norm ?





Posted by Jay > May 26, 2017 12:04 PM | Report Abuse

4Q16 vs 1Q17 vs 2Q17 so far
Tapis Asia: 6.78/8.47/8.50
Minas Asia: 11.03/11.95/11.93
US Gulf: 10.61/11.96/13.38
Northwest Europe: 9.42/9.50/11.61

Posted by paperplane2016 > 2017-05-26 12:36 | Report Abuse

ok.

PETRONM cash 204mil borrowing 291mil.
SHELL cash 338mil, borrowing 1414mil.

but PetronM expect generate cashflow around 300mil-400mil
Shell expect generate cashflows ard 900mil.

which is better hard to estimate until we have more data on results coming.

Posted by paperplane2016 > 2017-05-26 12:37 | Report Abuse

dividend Petronm giving 0.20 per share, Shell non since 2012?

Posted by pitbull > 2017-05-26 12:38 | Report Abuse

Profit up 5X
But share price no ☝ 5X ...
Haiz

Posted by aseng > 2017-05-26 12:39 | Report Abuse

Posted by Jay > May 26, 2017 12:04 PM | Report Abuse

like I said before, if people have unrealistic expectations then no one can help it

Aseng: it is not unrealistic , it is based on sumato88 logical deduction


I'll get my usual break as this page turns rowdy

Aseng: how can a right thinking sifu like you siad the interaction here has turned rowdy , may be you do not enjoy the humour we displayed but you can't deny the fact that other than the hard solid fact and figures , we still need fun and laughter to make life more beautiful.

Posted by aseng > 2017-05-26 12:57 | Report Abuse

paperplane sifu ,

beauty lies in the eyes of beholders.
there are a lot uncertainties before the harvest is done
but it is safer to hold on one with less debt and more free cash flow

based on the datas in front of us,
petronm is much better than hengyuan




Posted by paperplane2016 > May 26, 2017 12:36 PM | Report Abuse

PETRONM cash 204mil borrowing 291mil.
SHELL cash 338mil, borrowing 1414mil.

but PetronM expect generate cashflow around 300mil-400mil
Shell expect generate cashflows ard 900mil.

which is better hard to estimate until we have more data on results coming.

Posted by paperplane2016 > 2017-05-26 13:53 | Report Abuse

yeah. I was thinking such also. Can shell continue to deliver the good result like last quarter? I am worry. if cant deliver, share price might readjust........

Posted by aseng > 2017-05-26 14:38 | Report Abuse

papaerplane sifu,

crude oil price is unpredictable, it is better to choose the one safer with handsome dividend. safer means more diverse operation and good cash position

Posted by suregain > 2017-05-26 14:51 | Report Abuse

free fall like niagara falls