Posted by Truetalk > 2017-07-12 14:31 | Report Abuse

I'm sure Dr Neoh has more than that

Posted by paperplane2016 > 2017-07-12 14:31 | Report Abuse

yeah, probably

Posted by DrNeoh > 2017-07-12 15:18 | Report Abuse

Undervalued co. for the time being based on FCF and quality management team

Posted by LaLaLa > 2017-07-12 15:19 | Report Abuse

real DrNeoh?

Posted by paperplane2016 > 2017-07-12 15:20 | Report Abuse

no idea

Posted by Petronm > 2017-07-12 15:25 | Report Abuse

Tq DrNeoh for the support. I'm real !

Posted by suregain > 2017-07-12 16:14 | Report Abuse

no power at all

Posted by pitbull > 2017-07-12 17:30 | Report Abuse

Dr.Neoh..
Like to see you here

Posted by Wei Hong > 2017-07-13 00:59 | Report Abuse

Who is dr neoh

Posted by LaLaLa > 2017-07-13 09:14 | Report Abuse

Top 9 shareholder of petronm, holding 1mil share as per 2016 AR

Posted by Truetalk > 2017-07-13 09:28 | Report Abuse

Dr Neoh is a well reputable equity investor cum fund manager for high networth clients

Posted by shidayea > 2017-07-13 10:05 | Report Abuse

Wow..

Posted by 逍遥子 > 2017-07-13 11:32 | Report Abuse

The boss said it going to get better....... ha ha

http://www.theedgemarkets.com/article/petrons-ang-sees-malaysia-gold-profit-jumps-expansion

Posted by Truetalk > 2017-07-13 11:37 | Report Abuse

逍遥子, tq again and again, good info !

Posted by 逍遥子 > 2017-07-13 11:38 | Report Abuse

U are welcome, just sharing relevant info only.

Cheers

Posted by paperplane2016 > 2017-07-13 11:43 | Report Abuse

(July 13): Amid a slump in the price of oil, Petron Malaysia Refining & Marketing Bhd has recorded a surge in profit that will get even better as the company initiates expansion plans, according to Chairman Ramon Ang.

Ang, 63, who is also the president of Petron Corp, the Philippines’ largest oil company, said the profit trend at its Malaysian unit will continue after it completed plant repairs and rebranding of its gas stations last year. In May, Petron Malaysia reported first-quarter profit jumped to 108.5 million ringgit (US$25.3 million), from 16.6 million ringgit a year earlier. Shares of the company gained as much as 2.3% in Kuala Lumpur, after the market opened.

“Moving forward, we believe the profit will be better,” Manila-based Ang said in an interview on Monday. Petron is part of the larger San Miguel Corp, one of the Philippines’ biggest companies, with interests ranging from energy and infrastructure to beer.

The jump in profit underscores wider margins and improved operating efficiency in the Malaysian downstream business bought from Exxon Mobil Corp for US$610 million in 2011. The company is also in the midst of finalising plans to upgrade the Malaysian refinery to meet Euro-5 and, later, Euro-6 standards for cleaner fuel, Ang said.

Operating income at parent Petron in the Philippines may reach between 2 billion pesos (US$39.5 million) to 2.5 billion pesos a month in the third quarter, signaling a turnaround for the company, according to Ang.

Petron Malaysia has surged 86% so far this year, making it the best performer on a gauge of Malaysia’s top 100 companies, while Petron has slid 3.6% during the same
period in Manila.

Posted by Newmaster > 2017-07-13 11:48 | Report Abuse

So, now that the Boss is also confident in the future profits, things are getting clearer and eps can be promising.

Posted by davidtslim > 2017-07-13 12:07 | Report Abuse

I am considering to write another article on how to judge a Management team.

Posted by 逍遥子 > 2017-07-13 12:10 | Report Abuse

David, go for it & thanks in advance

Posted by DrNeoh > 2017-07-13 16:40 | Report Abuse

Selling pressure getting thin, no longer easy to get in at lower level.

Posted by LaLaLa > 2017-07-13 17:02 | Report Abuse

got DrNeoh here no scare

Posted by 逍遥子 > 2017-07-13 22:01 | Report Abuse

2 chinese newspaper covered Petronm tonight :

http://www.klsescreener.com/v2/news/view/255443/扩建炼油厂完成-petron大马-钱景-看俏

http://www.klsescreener.com/v2/news/view/255459/擴張計劃帶動-佩特侖看好盈利前景

Posted by LaLaLa > 2017-07-13 22:17 | Report Abuse

thx 4 sharing... appreciated it!

Posted by sheldon > 2017-07-13 23:05 | Report Abuse

If someone can interpret the gist of what was reported in the chinese daily or else i shall assume that it's something bullish

Posted by swiftwind > 2017-07-13 23:09 | Report Abuse

Just use google translate...

First article excerpt:

Petron Malaysia (PETRONM, 3042, Main Board Industrial Products Unit) believes that the company's "money plan" will be even more overwhelming after the local refinery expansion program is completed, Kuala Lumpur said.

Peterson, president of Petron Corp., the parent company of Petron, a Malaysian parent company, said in an interview with Bloomberg that the profitability of Malaysian companies would continue after the plant repair and plant brand remodeling.

"In the future, we think the performance of the Malaysian subsidiary will be better."

Petron Malaysia recorded its first quarter results in May, recording a net profit of RM155 million in the quarter ended March, up 554 percent from 16.6 million ringgit last year.

Net profit soaring can be attributed to the expansion, as well as operational efficiency.

Jacquard, who is also chairman of Petron Malaysia, also revealed that Malaysia is now completing the refinery upgrade program in order to reach the Euro-5 soaring, followed by the higher Euro-6 standard.

Petron Corp., the largest oil producer in the Philippines, bought the oil and gas downstream business assets to Exxon Mobil International for RM610 million in 2011 -

So far this year soared 86%

Petron Corp. is part of San Miguel, one of the largest companies in the Philippines, with a wide range of businesses, including energy and infrastructure.

So far this year, Petron Malaysia's stock has surged 86%, one of the top 100 listed companies in Malaysia. But the same period, listed in the Philippines, the parent company Petron Corp., the stock was poor performance, down 3.6%.

Tsai pointed out that in the third quarter of this year, Petron Corp.'s operating profit would be between 2 billion and 2.5 billion pesos per month (169 million to RM212 million), which means that the company will begin to reverse its weaknesses.

Petron Malaysia closed at MYR7.88, up 16 cents, or 2.07%, trading at 1,530,700 shares.

Posted by ivan9511 > 2017-07-14 01:42 | Report Abuse

yescontinue up,
petronm faster break 10.00 ringgit , hope my dream come true in one day
all the best

Posted by DrNeoh > 2017-07-14 09:18 | Report Abuse

Near term target price could exceed 10.20, longer term should stay above 12

Posted by Petronm > 2017-07-14 09:29 | Report Abuse

Hope so but patience is required.

Posted by Newmaster > 2017-07-14 10:37 | Report Abuse

Strong buying interest...........otw?

Posted by superstrong > 2017-07-14 10:43 | Report Abuse

bkful look at the chart then u know, as for me the price is still high hehe goodluck for ppl still hold

Posted by invest turtle > 2017-07-14 10:52 | Report Abuse

Hold this share for many years d.

Posted by charles_cty > 2017-07-14 11:29 | Report Abuse

Petron’s Ang sees Malaysia gold as profit jumps on expansion

(July 13): Amid a slump in the price of oil, Petron Malaysia Refining & Marketing Bhd has recorded a surge in profit that will get even better as the company initiates expansion plans, according to Chairman Ramon Ang.

Ang, 63, who is also the president of Petron Corp, the Philippines’ largest oil company, said the profit trend at its Malaysian unit will continue after it completed plant repairs and rebranding of its gas stations last year. In May, Petron Malaysia reported first-quarter profit jumped to 108.5 million ringgit (US$25.3 million), from 16.6 million ringgit a year earlier. Shares of the company gained as much as 2.3% in Kuala Lumpur, after the market opened.

“Moving forward, we believe the profit will be better,” Manila-based Ang said in an interview on Monday. Petron is part of the larger San Miguel Corp, one of the Philippines’ biggest companies, with interests ranging from energy and infrastructure to beer.

The jump in profit underscores wider margins and improved operating efficiency in the Malaysian downstream business bought from Exxon Mobil Corp for US$610 million in 2011. The company is also in the midst of finalising plans to upgrade the Malaysian refinery to meet Euro-5 and, later, Euro-6 standards for cleaner fuel, Ang said.

Operating income at parent Petron in the Philippines may reach between 2 billion pesos (US$39.5 million) to 2.5 billion pesos a month in the third quarter, signaling a turnaround for the company, according to Ang.

Petron Malaysia has surged 86% so far this year, making it the best performer on a gauge of Malaysia’s top 100 companies, while Petron has slid 3.6% during the same
period in Manila.

Posted by Bizfuneng > 2017-07-14 11:30 | Report Abuse

He ady MADE a cool RM2KK profit on today's share price. Entry price was low. That is the diff.

--------------------------------------
Posted by LaLaLa > Jul 13, 2017 05:02 PM | Report Abuse

got DrNeoh here no scare

Posted by sheldon > 2017-07-14 11:49 | Report Abuse

TQVM Swiftwind & Charles_cty

Posted by ivan9511 > 2017-07-14 12:40 | Report Abuse

yes. continue up. keep.flying and break 10000
huart all the best

Posted by Lem Calzado > 2017-07-14 14:27 | Report Abuse

I live here in KL for almost 5 years and I left my hometown in Spain for good here. Nice people and fair competition is what I love here to stay. I am a customer of this PEtron station here in Jalan Setung for 2 years already and I am very satisfied of this petrol station. This fuel was love by my Audi Quattro and I really like also the services they have giving to me.Their staff are so kind and cool. Keep it Up PETRON.

Posted by Petronm > 2017-07-14 14:39 | Report Abuse

Tq for your support. BTW, are you a shareholder too ?

Posted by kai8994 > 2017-07-14 15:54 | Report Abuse

http://www.malaysiastock.biz/Stock-Chart.aspx?securitycode=3042

Chart looks good. End of corrective 4th wave and all set for 5th wave :)

Posted by shidayea > 2017-07-14 16:32 | Report Abuse

Still holding.. will let go after prices up to rm9..

Posted by probability > 2017-07-14 16:37 | Report Abuse

ini kalilah....8...

Posted by probability > 2017-07-14 16:37 | Report Abuse

pecah!

Posted by AliCafe > 2017-07-14 16:39 | Report Abuse

Go go Petron!

Posted by George888 > 2017-07-14 18:29 | Report Abuse

Where are all the critics...lol

Posted by zoizai > 2017-07-14 18:31 | Report Abuse

Petronm hit the golden cross. All in now. wuhahaha

Posted by 逍遥子 > 2017-07-14 20:26 | Report Abuse

All the so call "experts" no sound already ??

Ha ha ha........

Posted by Wei Hong > 2017-07-14 20:34 | Report Abuse

I hari hari pump petron, gogo petron. haha

Posted by LaLaLa > 2017-07-14 22:33 | Report Abuse

now they are hiding, when the told-you-so moment arrives you will see all of them come out and suddenly become active in the forum again...

Posted by invest turtle > 2017-07-15 07:54 | Report Abuse

Petronm broke golden cross last week. Technical Bullish pattern. Investors will come in soon.

Posted by paperplane2016 > 2017-07-15 19:56 | Report Abuse

Haha. Petronm cantekkkkkk

Posted by pitbull > 2017-07-16 09:24 | Report Abuse

Heng yuan and petronm. Abang adik