Posted by sigmax > 2017-08-11 15:41 | Report Abuse

cd still have 6 months to go .. will rebound more than 0.25 not worth to sell now ..

Posted by UncleMau > 2017-08-11 15:41 | Report Abuse

Pls refer to above "...........................................easily fall unless KYY and OTB sell their

Posted by wltan22 > 2017-08-11 15:43 | Report Abuse

when I bought this stock around RM4, someone told me this stock will drop to RM2, then when I bought it around RM7, someone told me it will drop to RM4, then again when I bought it around RM9, someone told me it will drop to RM7, maybe I am one of many so called "idiot" that who believe in this company, wish me luck

Posted by UncleMau > 2017-08-11 15:48 | Report Abuse

Me too. Bought RM3, then 4 plus then 5.98 all the way to 6.70, then 7.70 and then 8.90 and 9.05,
How ? Never drop back leh.............hohohoho.

And know what, still buying la nonstop adding.

Posted by Intergritytrader > 2017-08-11 15:50 | Report Abuse

Mother no worry ... CD got time value...

Posted by JPMorgan > 2017-08-11 15:51 | Report Abuse

Don't underestimate this stock. So many strong and cashrich value investors gathering here quietly.

Posted by wltan22 > 2017-08-11 16:04 | Report Abuse

even though the war coming, will it affect me to go to Petron station fill up my gas tank, or due to war, we will not use our car to work, planes will stop flying (jet fuel), no gas to do cooking (gasul)...power generation, transportation, agriculture, construction, mining, and manufacturing, directly or indirectly need fuel...because of war all the industries have to stop...or...life goes on...think about it

Posted by hng33 > 2017-08-11 16:08 | Report Abuse

sold back all petron at 8.77, lock all handsome contra profit first, free up capital.

Posted by wltan22 > 2017-08-11 16:25 | Report Abuse

congrats to those already lock in profits, please wish us luck to those so called 'fool' like me that believe in good qr...haha

Posted by jebat > 2017-08-11 16:35 | Report Abuse

Really follow hengyuan la this stock now boom up again....next week more interesting.....

Posted by dnn78 > 2017-08-11 16:41 | Report Abuse

Pity those sold on panic lolz... Hahahahaha lesson learn yeah

Posted by stocknanmy > 2017-08-11 16:45 | Report Abuse

Dah kutip cukup tak ?

Tradeview pun masuk ke hari ni ?

Tengok ape dah jadi sekarang

Posted by LogicTrading > 2017-08-11 16:48 | Report Abuse

V r here !! Meletup meletup..............kuat !

Posted by RedGreen > 2017-08-11 16:55 | Report Abuse

Dumb dumb people like us, dumb dumb buy... already untung.
Just keep until QR comes out

Posted by Kyou > 2017-08-11 16:57 | Report Abuse

CC got -ve premium ..worth to buy some ?

Posted by paperplane > 2017-08-11 19:10 | Report Abuse

Wish me luck

Posted by XDL123 > 2017-08-11 21:29 | Report Abuse

I sailang cc and cd today

Posted by Imposterranger > 2017-08-11 22:28 | Report Abuse

Wow, so garang ah.

Anyway，wish you good luck.

Me whack the mother for you guys !

Posted by Toto2009 > 2017-08-12 00:09 | Report Abuse

Hahaha, who eat chili will feel the hotness

Posted by Intergritytrader > 2017-08-12 07:55 | Report Abuse

Next week CD will start trading on 0.255. And end the week by 0.18.

Mother price will keep drop next week until qr report come out.. found bottom rm7 or maybe lower..

Brace fo4 impact for CD and CC holder..
Monday will be good chance to run on technical rebound.

Posted by KimJongUn > 2017-08-12 08:11 | Report Abuse

If go lower, will keep buying much much more.

Not going to let go any chance to collect low.

This is the counter that a lot of smart and long term players like the most.

Why ? Wild upwards volatility with down swing getting narrow but exciting towards many new record earnings till the end of the year.

Posted by stockranger > 2017-08-12 08:25 | Report Abuse

This is a game for the rich and famous

After all, no point leave millions in the bank account doing juz nothing. Only those not so rich will come and sour grape lor

Here we have so many higher level cum experienced and well educated investors monitoring it, why worry ? Needless to say, they have money to hold too !! Hehehe

Posted by meistsk3134 > 2017-08-12 12:25 | Report Abuse

monday early tp 9. cannot catch anymore

Posted by Newmaster > 2017-08-12 13:07 | Report Abuse

No wonder selling pressure getting light.............hope to see it much lighter.

And thank you for locking up the shares and dumb dumb hold, including me.

Cheers !

Posted by davidtslim > 2017-08-12 18:17 | Report Abuse

https://klse.i3investor.com/blogs/david_petronm/129801.jsp

New latest Petronm Part 6 article.

Posted by XDL123 > 2017-08-13 09:11 | Report Abuse

If CD closed .18 tomorrow I sailang more

Posted by suregain > 2017-08-13 14:13 | Report Abuse

Definitely qoq drop.. most probably yoy oso drop.. if that is,d case rm7 to rm7.50 on d,way

Posted by Imposterranger > 2017-08-13 14:45 | Report Abuse

suregain is definitely a 2 faced player and not solid one with weak holing power

Posted by suregain > 2017-08-13 16:11 |

Post removed.Why?

Posted by Imposterranger > 2017-08-13 16:50 | Report Abuse

How u know performance no good ?

Surely can buy back at earlier entry cost ?

Posted by suregain > 2017-08-13 18:53 | Report Abuse

Crude,oil px down ma tat period. Got stock loss. N refinery margin oso not that sky high during tat period...

Posted by LogicTrading > 2017-08-13 19:31 | Report Abuse

Imposter your are right, this suregain is only a small potato with only contra view.

Not a steady investor at all.

Posted by suregain > 2017-08-13 19:46 |

Post removed.Why?

Posted by LogicTrading > 2017-08-13 20:30 | Report Abuse

U idiot, not a rich players

Posted by suregain > 2017-08-13 20:44 |

Post removed.Why?

Posted by FutureEyes > 2017-08-13 20:47 | Report Abuse

To PETRONM shareholders, especially call warrants holders, suggest to exit by tomorrow as I will be publishing an article probably Monday evening on its possible unsatisfactory earnings based on Petron Corp earnings reported on 8th August 2017.

Posted by Firefox > 2017-08-13 20:57 | Report Abuse

I believe petronm is still growing.

Posted by grateful_ > 2017-08-13 21:36 | Report Abuse

RM 3 coming?

Posted by surewine > 2017-08-13 22:25 |

Post removed.Why?

Posted by suregain > 2017-08-13 22:31 |

Post removed.Why?

Posted by surewine > 2017-08-13 22:36 |

Post removed.Why?

Posted by stockraider > 2017-08-13 23:42 | Report Abuse

Posted by stockraider > Aug 13, 2017 11:13 PM | Report Abuse X

U must understand the power of bear is 2x more power than the bull mkt power loh....!!

If stockmarket or a stock can takes 6 mths to rise 20%, it may only take 3 mths to fall 20% back mah....!!

The above is applicable to systematic risk of investment loh...!!

But if u invest in a stock based on valuation....if u buy the stock rm 3.00 when it is actual worth rm 7.00...u r protected by margin of safety over long run loh...!!

this is provided ur computation of valuation is correctly done loh...!!

So u do not worry about short term fluctuation, if u done proper valuation & determine margin of safety loh...!!

U MUST UNDERSTAND WHAT IS OVERVALUE LOH...!! GOOD EXAMPLE PET DAG

In this type of mkt condition. u must understand what is overvalue loh...!1

If u have pet dag PE 24 Share price Rm 24.00...earnings stagnant for last 5 yrs, it very difficult to justify undervalue loh...!!

Pe is one of the method of valuation...just like a good basket ball player usually they are tall. A tall basket player give him the inherent advantage mah...!!

Of course, this does not mean short players cannot be good players, but they need to overcome the additional disadvantage being short loh..!!

Raider do not do not recommend u use Pe as only criteria to value stock loh....!! But it is an obvious important criteria loh...!!

Come back to 3iii, he cannot be honest to say Pet Dag is undervalue whereas others similiar stock trading a much much lower PE is overvalue loh...!!

It cannot be for example like Petchem and Petron should be more overvalue than Pet dag unless 3iii is dishonest in his assessment loh..!!

The reason why 3iii attack raider integrity, bcos he know cannot win the arguement of Pet Dag Pe 24x is overvalue loh...!!


HOW PEOPLE SELF DENIAL WHEN STOCK OVERVALUE LOH..!!
A GOOD EXAMPLE HOW A CONMAN WILL MANIPULATE HIS PETDAG

HE WILL START WITH BAD MOUTHED THE COMPETITOR COMPANY like Petron LOH..!!
Certain companies are easy to value.

HE WILL QUOTE HIS FAVORITE CO;
These companies have consistent and growing high quality earnings and free cash flows.

HE WILL QUOTE SOME TECHNICAL MUMBO JUMBO LIKE DISCOUNTED CASHFLOW & MENTIONED SOME LEARNED SIFU TO JUSTIFY HIS OVERVALUATION WHICH U DON UNDERSTANDLIKE ,
Intrinsic value of an asset is the discounted present value of all its future cash flows (Warren Buffett).

RAIDER COMMENT BTW PETDAG IRR IS ONLY 5.5% OVERVALUE IN W,BUFFET STANDARD.


THEN HE WILL END WITH SAYING HIS OVERVALUE STOCK GOOD LOH..!!
e.g. Petdag is an easier company to value.


WHY PET DAG IS OVERVALUE ??
IN 2014 PET DAG CRASH FROM RM 30.00 ALL THE WAY DOWN TO AS LOW AS RM 15.OO LOH....!!
WHY LEH ?? BCOS MKT SEE PET DAG NEVER EPS NEVER ABOVE RM 1.OO HISTORICALLY, SO IF IT SHARE IS ABOVE RM 30.00 ,ITS PE IS ABOVE STAGGERING 30X HIGH LOW, THUS MKT SELLOFF ALL THE WAY DOWN TO RM 15.00 PER SHARE IN 2015 LOH...!!
A DRASTIC FALL OF 100%, WITHIN A PERIOD OF 1 YEAR LOH...!!

WHY A FINE STOCK LIKE PET DAG CAN CRASH 100% IN A PERIOD WITHIN A PERIOD OF 1 YR LEH ??
IT IS ALL BCOS OF UNSUSTAINABLE PE 30X LOH....!!

PET DAG HAS NO GROWTH IN EPS FOR MANY YEARS...ON TOP OF THAT, WITH PE 30X SURE A RECIPE FOR SELLOFF DISASTER LOH...!!

EVEN TODAY PET DAG AT PE 24X ALSO APPEAR OVERVALUE WHEN COMPARE WITH PETRON PE 8X LOH...!

BUT UNLIKE PETDAG, THIS PETRON HAS SHOWN ABILITY TO GROW EARNINGS WITH Q1 RESULT, WHILE PET DAG EARNINGS WITH NO GROWTH AND FLAT FOR A FEW YEAR LOH..

Posted by stockraider > 2017-08-14 00:03 | Report Abuse

Petron is expected to make at least eps Rm 1.20 this yr bcos there are growth in earnings, thus potential upgrade pe of petron from 8x to 11.7x.

That means Petron TP rm 14.00 loh...!!

Now assuming there is upgrade Pe 8x to PE 11.7x for Petron is it fair, is it justifiable leh ?

To see whether fair or not we need to compare with Pet dag loh...!!

1. Petron Eps above Rm 1.20 v Pet Dag eps Rm 1.00
2. Petron got Eps growth v Pet dag none
3.Petron nta rm 4.70 or price to book 1.9x v pet dag nta rm 5.30 or price to book of 4.5x loh...!!

Based on above conclusion Petron TP Rm 14.00 with Pe 11.7x very reasonable when compare to pet dag PE valuation 24x loh...!!

There is alot more than 100% margin of safety for Petron relative to Pet dag loh....!!

Posted by stockraider > 2017-08-14 00:25 | Report Abuse

Posted by 3iii > Aug 13, 2017 02:11 PM | Report Abuse

I particularly like the way our raider values Hengyuan in this forum.

Last quarter EPS 93 sen.

Annualised this gives projected FY EPS of 93 sen x 4 = 374 sen.

Petdag's PE is 24x. raider thinks Hengyuan should enjoy a PE of no less than Petdag.

Therefore, raider's price for Hengyuan, using his clever assumptions, should be:

374 sen x 24 = RM 89.76 ( or RM 90).

Valuation is so easy. If you do not know how to do valuation, please ask raider to show you.:-)

P/S: Be careful also, as I have repeatedly warned that not everyone in this forum has integrity.

THE ABOVE IS EXAMPLE IS HOW 3iii BAD MOUTHED RAIDER LOH....!!

RAIDER VALUATION OF HRC RM 22.00 TO RM 42.00 IS NOT BASED ON PE VALUATION MAH...!!
THE VALUATION RAIDER DERIVE FOR HRC IS FROM REPLACEMENT VALUE OF HRC REFINERY LOH....!!
THAT MEANS NEW 120K BPD REFINERY NEW COST RM 12.8 BILLION THUS HRC SHARE VALUE RM 42.00 PER SHARE WHEN NEW AND WHEN OLD DISCOUNT ROUGHLY 50% VALUE ROUGHLY RM 22.00 PER SHARE LOH...!!

BUT ONE INTERESTING THING U NEED TO TAKE NOTE IS PET DAG VALUATION IS DERIVE BY EPS RM 1.00 X PE 24X = RM 24.00 PER SHARE LOH...!!

HOLDING THE ABOVE VIEW, DO U NOT THINK PETRON WITH EPS OF RM 1.20 AND IF PE CAN PUSH & UPGRADE TO 24X LIKE PET DAG, THERE MAY BE A POSSIBILITY THAT PETRON SHARE PRICE CAN GO UP TO EPS 1.20 X PE 24X = RM 28.80 PER SHARE ?

WHY RAIDER DARE TO SAY LIKE THAT ?
BCOS EPS OF PETRON OF RM 1.20 ALREADY EXCEED PET DAG EPS OF RM 1.00.
ON TOP OF THAT PETRON HAVE EPS GROWTH WHEREAS PET DAG HAD NONE LOH...!!

THE ARGUEMENT AGAINST PETRON NOT GETTING PE 24X IS THAT PET DAG PE 24X ITSELF IS VERY OVERVALUE HENCE DO NOT DESERVE PE 24X LOH...!!

THUS THAT CASE PET DAG SHARE PRICE SHOULD FALL TO RM 12.00 TRADE NEAR PETRON UPGRADED PE 11.7X LOH...!!

Posted by meistsk3134 > 2017-08-14 07:51 | Report Abuse

today green

Posted by Intergritytrader > 2017-08-14 09:26 | Report Abuse

Good chance today runaway for CD

Posted by LogicTrading > 2017-08-14 09:29 | Report Abuse

Still adding more mother today

Posted by UncleMau > 2017-08-14 09:33 | Report Abuse

Keeing buying too as long as long below 9........switching all other counters to bet here

Posted by Good_stock > 2017-08-14 10:00 | Report Abuse

Holding fairly well due to release of earnings

Posted by Intergritytrader > 2017-08-14 10:33 | Report Abuse

Technical rebound ended here and mother will head south to rm7 and cd will be 15sen...