Posted by Equityengineer > 2017-07-25 15:59 | Report Abuse

Buy hengyuan , Petron and Petron cc.. crack spread almost double than quarter ago

Posted by stockraider > 2017-07-25 16:00 | Report Abuse

HRC, Petron and Pet dag are under a brotherly sectorial run...veli powerful move....each up in price reinforce the strength of each others loh..!!

Posted by AliCafe > 2017-07-25 16:03 | Report Abuse

aiyoo...tak sempat collect...sad.

Posted by JPMorgan > 2017-07-25 16:06 | Report Abuse

Still hovering at very cheap valuations

Posted by Newmaster > 2017-07-25 16:39 | Report Abuse

Looks like above RM9/= can be easily achieved this round

Posted by Sonic128 > 2017-07-25 16:45 | Report Abuse

salute to Ah Seng , Paperlane & probability...

Posted by sheldon > 2017-07-26 06:28 | Report Abuse

If they can maintain the quarterly EPS, then agreed with 10 as TP

Posted by Equityengineer > 2017-07-26 09:17 | Report Abuse

Should reach 10 after qr released ... buy now

Posted by GICSpore > 2017-07-26 09:22 | Report Abuse

2Q EPS can be shockingly surpassing all forecasts.

Posted by paperplane2016 > 2017-07-26 09:33 | Report Abuse

all stock moving up and up , sector rerating very SOON!

Posted by Dragonpick > 2017-07-26 09:37 | Report Abuse

Adding more before above 9, no regret

Posted by Newmaster > 2017-07-26 09:50 | Report Abuse

Getting difficult to enter at lower price as not many willing to let go, that's my observations.

No choice for me, still added some this morning.

Posted by Imposterranger > 2017-07-26 10:17 | Report Abuse

Those who sold do not know the true value leh, a good company of quality management and free CF lor.

Switching from MayBank, still have net cash balances. A good deal

Posted by UncleMau > 2017-07-26 11:15 | Report Abuse

Still dont go down and holding well, how can buy ?

Posted by Good_stock > 2017-07-26 15:18 | Report Abuse

Yes, keep accumulating ahead of good result........................no wonder price would not fall

Posted by kai8994 > 2017-07-26 16:06 | Report Abuse

On course for cup with handle breakout :)

Posted by invest turtle > 2017-07-26 18:01 | Report Abuse

Patrol price increase 6sen. Good for Petronm

Posted by paperplane2016 > 2017-07-26 18:02 | Report Abuse

good for petron station owner

Posted by sheldon > 2017-07-27 04:28 | Report Abuse

This is your captain speaking - Fasten your seat belts as the plane is about to take off

Posted by sheldon > 2017-07-27 09:33 | Report Abuse

Houston! - we seem to have a problem lol

Posted by John58 > 2017-07-27 09:39 | Report Abuse

sheldon, what problem ?

Posted by sheldon > 2017-07-27 09:49 | Report Abuse

Looks like a gradual takeoff - i was thinking it would be vertical given its observed volatility

Posted by John58 > 2017-07-27 09:53 | Report Abuse

Im buying more based on tight liquidity with strong uptrend volatility.

Posted by UncleMau > 2017-07-27 09:55 | Report Abuse

Preparing to enter today

Posted by zoizai > 2017-07-27 10:12 | Report Abuse

price goes down

Posted by davidtslim > 2017-07-27 15:04 | Report Abuse

https://klse.i3investor.com/blogs/david_petronm/128667.jsp

Chinese version

Posted by pitbull > 2017-07-27 15:56 | Report Abuse

Thanks ur mandarin version

Posted by paperplane2016 > 2017-07-27 18:12 | Report Abuse

bila mahu article 2 david ?

Posted by John58 > 2017-07-28 09:25 | Report Abuse

Adding..............lol

Posted by Newmaster > 2017-07-28 09:37 | Report Abuse

Good since the price not really moving down vs its potential strong uptrend.

Posted by Good_stock > 2017-07-28 09:59 | Report Abuse

Walau eh, so strong buying force. Cant wait to buy more lor

Posted by GICSpore > 2017-07-28 10:13 | Report Abuse

Right move guys, still very much underpriced even if based on past q results.

Posted by talkyourkok > 2017-07-28 10:25 | Report Abuse

davidtslim what is your tp for petronm?

Posted by kai8994 > 2017-07-28 10:52 | Report Abuse

With estimated FY17 EPS of RM1.41, simple PE valuation @ 8x - 12x will give rise to TP of RM11.28 - RM16.92 :)

Posted by Dragonpick > 2017-07-28 11:08 | Report Abuse

The price juz refuse to fall much, missing the golden boat, sigh !

Posted by stocknanmy > 2017-07-28 11:15 | Report Abuse

Harga dah naik kuat, habis jual la yg belum tu

Kita tetap sabar tunggu di situ

Posted by suregain > 2017-07-28 11:21 | Report Abuse

petron wil anounce not soo good result due to stock loss oso in its petrol station.

Posted by zoizai > 2017-07-28 12:12 | Report Abuse

KYY had bought HY. hope ppl also will buy this petronm.

Posted by kai8994 > 2017-07-28 12:42 | Report Abuse

I think many people have misunderstood Petronm: -

1. Petronm dont own all the petrol stations. I couldnt get the official figures, but davidtslim's first article says it's 55 - 60%.

2. Petronm have two biz segments (again I couldn't find the official figures, will calculate based on assumption) - Retail (petrol station) and Commercial (product for industry players in aviation, manufacturing, construction, etc). According to AR2016, the commercial segment biz also grew a lot after securing new major accounts.

3. Based on AR2016 notes to account, RM1.6b sales are to the related party, while RM5.9b sales are to third parties. Related party sales is mainly related to sales of fuel to petrol station owned by its sister company.

Let's say Petronm owns 55% of the total petrol station, we can assume that total sales from retail segment could be around RM3.6b (100/45xRM1.6b), which is about half of the total sales. In other words, both Retail and Commercial each contributes about half of Petronm biz.

Outlook
Retail segment - remain positive as more Petron petrol sations are being set up, and increasing market share due to stronger branding.

Commercial segment - even more positive due to high growth rates reported in sectors like aviation, manufacturing, and construction.

So I think outlook remains very bullish for Petronm :)

Posted by paperplane2016 > 2017-07-28 12:45 | Report Abuse

but not to forget, it is growing its station.
Once station grow, refinery capacity also grow. double bonus!
sales retail as well grow.

Posted by stocknanmy > 2017-07-28 15:06 | Report Abuse

Sudah banyak simpan oh, tunggu KYY datang saje...... mari mari lah.

Kita tetap sabar tunggu sini,

Posted by talkyourkok > 2017-07-28 15:34 | Report Abuse

Stocknanmy jangan takut. Aku dah memberi arahan kepada KYY untuk menolak harga petronm ke atas RM10 secepat mungkin.

Posted by zoizai > 2017-07-28 15:39 | Report Abuse

go go go petronm. break rm9 today !!!

Posted by Newbie7229 > 2017-07-28 15:43 | Report Abuse

KYY wont come because floating share is too little here.

Posted by AliCafe > 2017-07-28 15:46 | Report Abuse

pump2

Posted by JPMorgan > 2017-07-28 15:47 | Report Abuse

KKY not coming, we are rushing in

Posted by talkyourkok > 2017-07-28 15:48 | Report Abuse

Don't worry i have been instructing KYY to accumulate the share since January this year. Now I have already ON the button for him to push the price up to at least 10.00 by next week.

Posted by kai8994 > 2017-07-28 15:51 | Report Abuse

Well KYY come or not doesn't really matter. Many companies perform without his money ;)

Both HY and Petronm have their own merits, just pick the one that suits our criteria. We should invest with our own judgement, not blindly follow "superstar" ;)

Posted by talkyourkok > 2017-07-28 15:53 | Report Abuse

Next week KYY will tell you all in his blog "why i bought into petronm".

Posted by Newmaster > 2017-07-28 15:59 | Report Abuse

Wow, strong move......turn out to big gains. Thank you Petronm