Posted by skyea > 2017-05-28 12:40 | Report Abuse

petron's miles points win petronas. its market share will just keep increasing

Posted by godofgamble > 2017-05-28 12:42 | Report Abuse

good quarter result, but in short term seems will have profit taking, can wait it drop until rm8

Posted by ckyap17 > 2017-05-28 16:02 | Report Abuse

PE6.77 is really undervalue a lot..

Posted by mincai > 2017-05-28 17:09 | Report Abuse

cluster,agree with you.

Posted by pitbull > 2017-05-29 09:25 | Report Abuse

So weird

Posted by suregain > 2017-05-29 09:26 | Report Abuse

bought 7.99

Posted by sheldon > 2017-05-29 09:28 | Report Abuse

Picked up more Petron shares. Based on latest EPS extrapolated, the price I picked up is about 5.02 PE. I hope I'm not wrong.

Posted by Alex Lim Jun Xiong > 2017-05-29 09:31 | Report Abuse

Haha, me too.
I average down at RM8, now my cost only RM8.24.

Posted by LowProfile > 2017-05-29 09:38 | Report Abuse

now is the best chance ever to grab it!

Posted by sheldon > 2017-05-29 09:40 | Report Abuse

If Petron can sustain the future performances like this 1st quarter, then you can't go wrong at these prices.

Posted by paperplane2016 > 2017-05-29 09:42 | Report Abuse

Omg. rM 8, near my cost

Posted by sheldon > 2017-05-29 09:42 | Report Abuse

Just make sure you fill up your tanks at Petron la.

Posted by paperplane2016 > 2017-05-29 09:49 | Report Abuse

No need lah, I pump caltex. Haha. Petronm without my support also going strong. Their shops really improve a lot. But still I prefer caltex toilet.

Posted by paperplane2016 > 2017-05-29 09:50 | Report Abuse

Now is time to shake off all weak holders. Top30 still strong hands. Let shake out those short sight 20% earners. I am waiting double , rm16

Posted by George888 > 2017-05-29 09:51 | Report Abuse

https://www.ft.com/content/babd5544-4132-11e7-82b6-896b95f30f58

Opec / non-opec cut extension for 9 months, most likely to keep oil prices stable above $50, while some saying to hit $60. If oil price can stay above $50, rm100m quarterly profit is promising.

Posted by paperplane2016 > 2017-05-29 09:53 | Report Abuse

Just hope the stupid trump don't do Sorhai things

Posted by sheldon > 2017-05-29 10:12 | Report Abuse

Petron is a wild ride!

Posted by Apollo Ang > 2017-05-29 10:13 | Report Abuse

I tot people here said can come to TP 16.0? orang gila kah? hahaha

Posted by suregain > 2017-05-29 10:17 | Report Abuse

yes rebound rebound

Posted by suregain > 2017-05-29 10:21 | Report Abuse

sold 8.27. thx

Posted by Sonic128 > 2017-05-29 10:21 | Report Abuse

wah, very fast rebound...

Posted by Pol Boon Tat > 2017-05-29 10:29 | Report Abuse

oversold

Posted by ysy99999 > 2017-05-29 10:41 | Report Abuse

luckily rebound oledy ...up up

Posted by Solo > 2017-05-29 10:42 | Report Abuse

I think this share really got potential, i entered a lot at 8.20. It rebound so fast, definitely is shark.

I think someone want to collect cheap, so morning sell cheap 100 unit make price drop, a lot ppl will then just follow sell and end up price drop a lot.

Shark then start collect back more than 100 unit. Definitely RM10 within 3 mths, worth while investment.

Posted by ysy99999 > 2017-05-29 10:44 | Report Abuse

rebound very fast .. my 10 lot had opportunity to get profit liao

Posted by WBJS > 2017-05-29 10:53 | Report Abuse

This counter very volatile, like a roller coaster...Up down Up down....Plz Uppppppppppppppp

Posted by LowProfile > 2017-05-29 10:54 | Report Abuse

look at that annoying satu batang at sell queue...so many satu batang queuing... LOL

Posted by George888 > 2017-05-29 10:54 | Report Abuse

http://money.cnn.com/2016/02/17/investing/warren-buffett-energy-kinder-morgan/

Warren Buffett is in oil & gas last year, when oil price touches $28, and when OPEC / non-opec has no supply cuts. Just think about it. Now with oil cut extension, should be fine. Long-term wise, its really promising.

Crude oil will have to pass by pipelines and refinery plants to turn to petroleum products. And if u read AirAsia / MAS airlines news on increasing passenger volumes for the rest of the year, will commercial jet fuels increase? :)

Posted by shidayea > 2017-05-29 11:06 | Report Abuse

Today manage to buy @ 8.01 tis morning.. now up 8.26.. unbelievable. wow....

Posted by Kadir Almushayah > 2017-05-29 11:37 | Report Abuse

shidayea....beli ,tambah lgi ke

Posted by chewysoon82 > 2017-05-29 11:41 | Report Abuse

wah...rebounded strongly

Posted by WBJS > 2017-05-29 11:41 | Report Abuse

Oh yeah baby

Posted by Insider_News > 2017-05-29 11:43 | Report Abuse

Still go legs?

Posted by shidayea > 2017-05-29 12:03 | Report Abuse

@ iye en kadir.. another 5 lot.. managed to get tis morning at rm8.01..

Posted by shidayea > 2017-05-29 12:04 | Report Abuse

Bullet finished.. stop trading for a while...

Posted by George888 > 2017-05-29 12:15 | Report Abuse

Someone is having "fun" in Petron, putting 1 lot for next few entry price LOL

Posted by 逍遥子 > 2017-05-29 13:14 | Report Abuse

Other than COGS is up (suspected due hedging reason) compared to last Qtr (4th Qtr 2016), majority of the figures is quite encouraging.

1) Free Cash Flow = $91 mils
2) debts reduced to $251.5 mils (Revolving Credit is reduced to $110 mils as compared to $150 mils last Qtr)
3) Cash on hand = $204.8 mils
4) Inventory had reduced too, however if u added in the forward contract the reduction is not very substantial.
5) ROE is increased from 20+% to 25+%

Figures wise is quite encouraging, however share price as usual it has always been unpredictable.

Posted by thenewbee > 2017-05-29 15:39 | Report Abuse

逍遥子, thanks for the information. Petron is defnitely a great company with great potential. EPS of eps 40.2 is definitely great, petron will definitely cross 10 before september. Is just matter of time to do. Contra kaki no show for u la

Posted by ysy99999 > 2017-05-29 15:41 | Report Abuse

hope 2morrow will going up again...

Posted by Junhao > 2017-05-29 21:28 | Report Abuse

market sentiment bad and all panic selling
I'll ride with the wave...

Posted by sheldon > 2017-05-29 22:09 | Report Abuse

Yes Mr Chinese - I also noticed that all the key figures like cash balance & gearing have improved.

Posted by lewis27wong > 2017-05-29 23:20 | Report Abuse

Oil on massive bull run. Tomorrow rise and shine!

Posted by probability > 2017-05-29 23:26 | Report Abuse

Petron is now distilled...as good as vodka.
Even a small spark..should ignite...

Posted by paperplane2016 > 2017-05-30 00:02 | Report Abuse

If fundamental no change, but stock price goes down, how?
Use back aeoncr as my experience. Last time good result, but go all way from17 to 15 something. I was thinking wtf.....aeoncr so good wow, roe so damn good.

Less than one month rebound to now rm19 plus. I guess rm 20 aeoncr no problem
Same to petronm , rm10 no problem at all!

Posted by pitbull > 2017-05-30 00:54 | Report Abuse

If drop more...can accumulate

Posted by superstrong > 2017-05-30 09:13 | Report Abuse

i will buy below 7

Posted by suregain > 2017-05-30 09:20 | Report Abuse

bought 8.09

Posted by chandra54 > 2017-05-30 10:27 | Report Abuse

hopeless counter

Posted by chandra54 > 2017-05-30 10:30 | Report Abuse

hopeless counter, better run before it falls below 8

Posted by aseng > 2017-05-30 10:53 | Report Abuse

wao !!!!!
what's had happened ???
already hit my target buy more
OMG !!!!!!
DIE ! DIE! .....
sure die liao this time

But......

I like....
hahaha........

that is what i called
up happy and down also happy

hahaha......