Posted by probability > 2017-05-30 16:07 | Report Abuse

may be close green today

Posted by skyea > 2017-05-30 16:07 | Report Abuse

Removed petron from my watchlist Dy. Tired of looking at red.

Posted by yesyesyes > 2017-05-30 16:11 | Report Abuse

18cents more to close green .. boleh kah ???

Posted by 逍遥子 > 2017-05-30 16:34 | Report Abuse

For long term investment, heart must be steady.

Just take it easy.

Posted by Tong Mun Hoe > 2017-05-30 16:39 | Report Abuse

drop more , so i can buy its son

Posted by aseng > 2017-05-30 16:54 | Report Abuse

逍遥子,

many are forced into long term with unsteady heart

Posted by goody99 > 2017-05-30 16:55 | Report Abuse

their retail segment may be not good for April and May because of volatile oil price. Next QR may be not as pretty. However, long term this is a fine stock!

Posted by aseng > 2017-05-30 17:00 | Report Abuse

paperplane sifu,

luckily you did not buy hengyuan
93 sen !!!!
what sort of earning is this ?
china man account

Posted by paperplane2016 > 2017-05-30 18:07 | Report Abuse

i have more comfort with PetronM.

Posted by paperplane2016 > 2017-05-30 19:01 | Report Abuse

But. Both should be OK. Ppl worry now as oil drop a bit, margin may drop a bit? Still it is a good margin

Posted by paperplane2016 > 2017-05-30 23:12 | Report Abuse

yes. I agree.

Posted by suregain > 2017-05-30 23:40 | Report Abuse

Stable is more easier to do biness.. up down volatility lagi susah

Posted by paperplane2016 > 2017-05-31 00:46 | Report Abuse

If you are disappointed with recent price movement, read this
http://klse.i3investor.com/blogs/kianweiaritcles/124105.jsp
My sifu 心法！心法战胜一切内心恶魔！
May we have peace in mind and let the good results reflect themselves in share price for future!

Posted by shidayea > 2017-05-31 09:53 | Report Abuse

Oh no... i'm not going to sell yet... lets price up to 9 ...

Posted by zoomsbooms > 2017-05-31 10:00 | Report Abuse

price is what you pay, value is what you get..
have faith that petronm value is way higher

Posted by Kadir Almushayah > 2017-05-31 10:50 | Report Abuse

@shidayea ...sabo ye

Posted by suregain > 2017-05-31 11:16 | Report Abuse

no power... ppl scare oredi

Posted by shidayea > 2017-05-31 11:17 | Report Abuse

Iye en kadir

Posted by Kadir Almushayah > 2017-05-31 11:42 | Report Abuse

i mean cn below 8 anytime

Posted by suregain > 2017-05-31 12:22 | Report Abuse

press gao gao

Posted by Jay > 2017-05-31 12:37 | Report Abuse

if u look at EV/FCF, you will realise how cheap Petron is, even when compared to other so called cashcows like highway operators. commodity biz is more volatile but still the valuations are too cheap to ignore

Posted by paperplane2016 > 2017-05-31 12:47 | Report Abuse

Jay, you are great. At the same time, will you consider also Hengyuan. I have many PetronM, was thinking should I also add Hengyuan.

Posted by paperplane2016 > 2017-05-31 12:49 | Report Abuse

PetronM is now RM2.17bil , generating expected cashflows 300mil-400mil
Hengyuan now RM1.65bil, generating expected cashflows 680mil-1bil??

Hengyuan I cant seems to estimate, too volatile in derivatives......

Posted by suregain > 2017-05-31 12:59 | Report Abuse

Hopefuly stay above rm8

Posted by suregain > 2017-05-31 13:00 | Report Abuse

Q at 7.80. X dpt

Posted by paperplane2016 > 2017-05-31 13:00 | Report Abuse

if PetronM pay 0.40 div now, 5% yield, sure rerating

Posted by yesyesyes > 2017-05-31 13:54 | Report Abuse

dividend just around the corner .. i just want to simulate a case .. if one buy at rm8 and receive rm0.22 div , the price will be rm7.78 .. suregain , ngam ngam your entry price .. :)

Posted by aseng > 2017-05-31 14:09 | Report Abuse

paperplane siifu,

do you not fee thatl henyuan reported eps too dramatic , a chinese company, need a strong heart to hold for long term

Posted by suregain > 2017-05-31 14:22 | Report Abuse

i oredi q.. waiting someone to throw to me

Posted by Alex Lim Jun Xiong > 2017-05-31 17:23 | Report Abuse

逍遥子, how much you think Petron worth based on latest quarterly result?
Are you going to attend the AGM next month?

Posted by 逍遥子 > 2017-05-31 19:20 | Report Abuse

Yes, I will attend the coming AGM,

whereas how much will it be value, I guess it is very subjective, and it depend on how optimistic about the future earning. Let say if Petronm FY2017 EPS around to$1.10 to $1.20 (which they have to earn another $0.70 ~ $0.80 for the next 3 quarters) I guess conservatively u can apply PE of 8 for it.

Whereas the Free Cash Flow, I hope this FY can get $320-$340 mils.

Posted by LowProfile > 2017-05-31 21:29 | Report Abuse

just be noted that q1 2017 crude oil price is relatively high (ard usd54) and now on-going q2 2017 crude oil price not doing good, as of now avg price ard usd51-52 if i no wrong, might be lower if current trend persist

Posted by LowProfile > 2017-05-31 21:33 | Report Abuse

in their report did mention that if too drastic/volatile changes of crude oil price is no good for them, affected them quite, just sharing and something to take note on

Posted by probability > 2017-05-31 21:38 | Report Abuse

last time crude price above 100USD but profit very low....ESSO people very corrupt ho!

Posted by probability > 2017-05-31 21:43 | Report Abuse

why volatile is bad...

for example...in the month of March17...the average inventory value already dipped to 46USD/barrel ma...

and say....at the end June reporting period price went up very high say to USD60...that means they paid so much extra money to buy this oil...but selling price is still very low - not yet adjusted, so they have sell at a loss mah...

Posted by Alex Lim Jun Xiong > 2017-06-01 09:24 | Report Abuse

逍遥子, I also bought my flight ticket to attend the AGM.
Do you know whether they provide buffet before or after the AGM (lunch or tea set)?

Posted by 逍遥子 > 2017-06-01 09:53 | Report Abuse

Last year they gave lunch box + door gilf !

This year I m not too sure, since it is the 5th Anniversary & the meeting will be held at Mandrin Oriental

Posted by Alex Lim Jun Xiong > 2017-06-01 10:10 | Report Abuse

逍遥子, I'm confused whether to have my lunch before attending the AGM, what you think?
Yeah, Mandarin Oriental, very high class.
No buffet lunch? =(

Posted by 逍遥子 > 2017-06-01 10:16 | Report Abuse

Ha ha.... I guess u should take some light lunch.

Posted by probability > 2017-06-01 10:26 | Report Abuse

wow..enjoy the meeting guys... ask as much questions possible at the AGM

Posted by probability > 2017-06-01 10:34 | Report Abuse

i am interested to know the batch size of crude they buy at the market (is it periodic at fixed interval or based on procurement department's judgement) and how they mitigate stock losses/gains....

how do they see the demand for the new refinery products...what made them go for this - fundamental reason

what is the sustainable margins of refinery (impact of low price of crude versus high price)...

there may be some experts attending whom u may be able to dig some info...

any infos you can get is highly valuable..

Posted by Alex Lim Jun Xiong > 2017-06-01 10:48 | Report Abuse

Goodstock, yea I will have my lunch at KLCC before attending the AGM.
Is it walking distance from KLCC to Mandarin Oriental?

Posted by 逍遥子 > 2017-06-01 10:54 | Report Abuse

Yes, The hotel is next to KLCC and come early & we can have a coffee or something. I think a lot of shareholders will be attending This AGM

Posted by paperplane2016 > 2017-06-01 10:55 | Report Abuse

I only wanna know if their current result can be repeated in future inview of current crude oilprice

Posted by probability > 2017-06-01 11:04 | Report Abuse

spark now....ignition...soon fire coming!

Posted by Alex Lim Jun Xiong > 2017-06-01 11:07 | Report Abuse

paperplane2016, I think the result should be fine as long as crude oil above $50.
February 41 cents eps is based on crude oil price at $50.
逍遥子, remember to call me when you see me, I have to treat you a coffee.

Posted by 逍遥子 > 2017-06-01 11:10 | Report Abuse

Ha ha ..... sure ! Petronm will treat us coffee

Posted by JCWIN > 2017-06-01 11:20 | Report Abuse

up up up....

Posted by suregain > 2017-06-01 11:29 | Report Abuse

rebound yes yes yes

Posted by 逍遥子 > 2017-06-01 11:44 | Report Abuse

@ Alex, what is your email address ?