Posted by stocknanmy > 2017-08-14 16:28 | Report Abuse

Ini semua players macam aseng, raider dan paper adalah burung tua pengalaman yg paling dalam !

Posted by paperplane > 2017-08-14 16:30 | Report Abuse

Petronm has too little public float

look at its EV/FCF , you will agree

it is not easy to find another cheaper buy than this one

Aseng, Petronm your wife keh

Posted by Aseng > 2017-08-14 16:32 | Report Abuse

if you are buying a good stock cheap , then you never fail to get an angpao every year.......

you never lose your good sleep even the market crash...

no good , aseng no buy as a wife

walk through all thick and thin , hand hold hand , arrive at the destination finally



Posted by stockraider > Aug 14, 2017 01:35 PM | Report Abuse

IN THE END FUNDAMENTAL ALWAYS WIN LOH...!!

Posted by Aseng > 2017-08-14 16:39 | Report Abuse

honestly speaking I seldom come here to see what others say about petronm...

I don't need other to tell me how good or how bad is my wife

if i still need you to tell me , then she is not my wife , she is my girl friend

Posted by paperplane > 2017-08-14 16:56 | Report Abuse

haha. aseng. ok lah, both good mah.

Posted by Aseng > 2017-08-14 17:15 | Report Abuse

paperplane sifu,

both must be good ,

i believe.

time will confirm my believe is right

Posted by Aseng > 2017-08-14 17:16 | Report Abuse

why?

girl friend also can not cincai cincai cari mah........

Posted by paperplane > 2017-08-14 17:19 | Report Abuse

haha. gf. or one night stand. contra kaki all one night stand

Posted by pang72 > 2017-08-14 18:17 | Report Abuse

HRC CB and CC listed tomorrow..
Should have good show!!

Posted by LogicTrading > 2017-08-14 18:28 | Report Abuse

Oh, lets see first

Posted by FutureEyes > 2017-08-14 19:04 | Report Abuse

Another quick way of seeing the impact on Bataan Refinery Earnings is this way:

1 Billion peso loss = 85M for shut down of 30 days as per Ang.

https://www.pressreader.com/philippines/business-world/20170517/281569470656950

45 days shutdown impact via proportional estimate:
= (45/30) x (85 M)
= 127.5 M reduction in Bataan Refinery profit

Thus 90 days (1 QTR), is equivalent 255M Bataan refinery profit generation.

By putting the above figures on Q1 Earnings split , ROP is derived to be 93M.

For 2nd qtr Bataan refinery profit without inventory losses becomes = 127.5M

Taking the max possible inventory losses of 83M (after tax of 65M), the minimum possible Bataan refinery profit for Q2 becomes:

= 127.5 – 65
= 62.5M


Thus PetronM net Profit for Q2 max :

= Total Profit of Petron Corp – Bataan Refinery profit – ROP profit – PetronM sister co profit
= 221M – 62.5m – 93M – 14M
= 51.5M (EPS of 17 cents only)

The above derived EPS of 21 cents is higher because I had intentionally reduced the effective operation to 55 days instead of 59 days expected.

Posted by DrNeo > 2017-08-14 19:08 | Report Abuse

Drop a little with narrow fluctuations. If really fall further buying forces will emerge from value investors with good cash position.

Those who sold might not get it back at the entry cost. You are likely to buy higher later.

Posted by Imposterranger > 2017-08-14 19:12 | Report Abuse

This FutureAsx keep giving rubbish which no one actually read.

Inferior writeup only come up from this low standard author.

Nothing great about this fellow.

Garbage in garbage out.

Posted by Dragonpick > 2017-08-14 19:16 | Report Abuse

pang72 I am not reading the content but has know that all is bullshxt!!
14/08/2017 19:03

Posted by UncleMau > 2017-08-14 19:18 | Report Abuse

Hopeless FutureAsx is just trying to scare the value investors.

But, most of them know his inferior work la.........wakakaaa

Posted by oldkuku > 2017-08-14 19:24 | Report Abuse

FutureEyes's writing is damn boring and lack of good thnking skills.

Written by hopeless people.

Posted by Firefox > 2017-08-14 20:12 | Report Abuse

FutureEye: I dunno what 7 you say

Posted by RB Edfron Koh > 2017-08-14 21:12 | Report Abuse

can i know how to know that CB CC is going to listed? where can get the information

Posted by Gaybird Lim > 2017-08-14 21:42 | Report Abuse

Aseng sifu. Last time you mentioned your average is 8.30. How about now? Did you average up?

Me and a lot of newbies want to follow you play long term (get a good wife and sleep tight)...

Posted by XDL123 > 2017-08-14 22:00 | Report Abuse

Bought more CD today

Posted by Aseng > 2017-08-15 09:02 | Report Abuse

Gaybird,

Good morning

Sorry I can't decide for you who are good to be your wife because you are not me , moreover market is a not a static picture. But I am glad to share with you a great wisdom I learnt from many great sifu here.
INVEST WITH A RIGHT ATTITUDE NEVER FAIL.

Good lucks

Thanks
Xuewen

Posted by stocknanmy > 2017-08-15 09:46 | Report Abuse

Sesiape nak jual lagi, cepat la habiskannya.

Kutipan kita akan tamat tak lama lagi.

Posted by Good_stock > 2017-08-15 09:59 | Report Abuse

Noted 2Q results have always been better than 1Q traditionally if you refer to past quarterly profits you will discover that.

Posted by Good_stock > 2017-08-15 10:00 | Report Abuse

Will add more due to high probability of good earnings

Posted by UncleMau > 2017-08-15 10:06 | Report Abuse

Ya, most of the time higher leh.

To collect again

Posted by Newmaster > 2017-08-15 10:11 | Report Abuse

In that case, better hold really tight as some big gains may be in the pipeline, buy more if lower.

Posted by Activeinvestor > 2017-08-15 10:15 | Report Abuse

So far, david's worst case scenario has hinted that is achievable and could be much much surprising. But more as long as below 9.10

Posted by CharmingMalaysian > 2017-08-15 10:16 | Report Abuse

Kuda sudah mau lari

Posted by stocknanmy > 2017-08-15 10:23 | Report Abuse

Bagi panaskan badan dulu, masa akan datang.

Itu cawan dan tangan dah cantik la, ada pecahan kuau nanti

Posted by charles_cty > 2017-08-15 10:24 | Report Abuse

Petron Corporation quarter result is out......finding way to download the report....

Posted by Dragonpick > 2017-08-15 10:36 | Report Abuse

Petronm is richman game

Posted by LA777 > 2017-08-15 10:36 | Report Abuse

Where to download the report?

Posted by charles_cty > 2017-08-15 10:44 | Report Abuse

Current Year (3 Months)
Previous Year (3 Months)
Current Year-To-Date
Previous Year-To-Date

Gross Revenue
100,546
85,006
206,958
161,863
Gross Expense
94,849
79,291
192,403
150,384
Non-Operating Income
692
167
959
332
Non-Operating Expense
2,524
1,900
4,535
4,339
Income/(Loss) Before Tax
3,865
3,982
10,979
7,472
Income Tax Expense
1,206
1,461
2,765
2,193
Net Income/(Loss) After Tax
2,659
2,521
8,214
5,279
Net Income Attributable to
Parent Equity Holder
2,353
2,350
7,568
5,075
Earnings/(Loss) Per Share
(Basic)
0.13
0.13
0.56
0.3

Posted by charles_cty > 2017-08-15 10:45 | Report Abuse

http://edge.pse.com.ph/companyDisclosures/form.do?cmpy_id=136#viewer

but unable to download.....still trying to download the report...

Posted by jebat > 2017-08-15 10:52 | Report Abuse

boom up....

Posted by CharmingMalaysian > 2017-08-15 10:56 | Report Abuse

Kita jangan dengar "the noise", biar mereka mereka merepek sehari dua dengan cakap kosong mereka

Posted by Lily Tee > 2017-08-15 10:56 | Report Abuse

Charles, got profit, right, how much increase per share, thanks in advice.

Posted by SpiderLRT > 2017-08-15 10:57 | Report Abuse

use internet explorer to download, google chrome is unable to download

Posted by charles_cty > 2017-08-15 10:59 | Report Abuse

Got profit....but this result is only for Petron Corporation Philippine.....and still unable to download the detail report to check Malaysia result.......earning per share from previous year (trailing 12 months) 0.34 to 0.85....

Posted by Lily Tee > 2017-08-15 11:01 | Report Abuse

Thanks Charles.

Posted by Dragonpick > 2017-08-15 11:02 | Report Abuse

Breaking news, result is extremely good........................hooray

Posted by charles_cty > 2017-08-15 11:02 | Report Abuse

ya SpiderLRT....use explorer able to download the report.....good..

Posted by CharmingMalaysian > 2017-08-15 11:02 | Report Abuse

Use Internet Explorer to download report

Posted by RedGreen > 2017-08-15 11:04 | Report Abuse

Cut and paste as picture

Posted by LA777 > 2017-08-15 11:08 | Report Abuse

Thanks Charles.

Posted by Dragonpick > 2017-08-15 11:13 | Report Abuse

Interim Financial Report as of June 30, 2017
Management’s Discussion and Analysis of Financial Position and Performance
Financial Performance
2017 vs 2016
Petron Corporation posted a consolidated net income of P= 8.21 billion for the first half of 2017. The 56%
improvement from last year’s P= 5.28 billion profit can be traced to the Company’s deliberate focus on more
profitable segments, improved refinery production yields and impressive performance of Petron Malaysia (PM).

Posted by Khye Lock Tneoh > 2017-08-15 11:25 | Report Abuse

The main contributors to the first half 2017’s performance versus last year are the following:

♦ Consolidated Sales volume reached 52.9 million barrels (MMB), slightly higher than previous year’s 52.6 MMB due to the growth in Malaysian volume. In the Philippines, the focus to sell more profitable products was exhibited by higher gasoline, petrochemicals, kero/jet and lubes sales, tempered by the reduction in diesel and IFO. Meanwhile, for Malaysian operations, the incremental volume primarily came from gasoline, kero/jet and diesel sales contributed by Industrial and Retail trades.

♦ Net sales went up by 28% or P= 45.10 billion to P= 206.96 billion brought about by higher average selling prices as regional market prices of finished products escalated coupled with the P= 3.03 average depreciation of the Philippine peso versus the US dollar.

♦ Cost of Goods Sold (CGS) increased by 29% to P= 185.89 billion from last year’s =P 144.11 billion due to the hike in prices of crude and imported products. During 1H 2017, benchmark crude Dubai averaged US$51/bbl or 38% higher than last year’s average of US$37/bbl. Gross margin consequently improved on account of better sales mix, lower power cost at the Bataan Refinery despite inventory losses realized this year versus gains in 1H 2016.

As stated in the report, the growth in volume is mainly from Malaysia operation.

Posted by KYYMachai > 2017-08-15 11:28 | Report Abuse

Will whack the CD soon.......hohooho

Posted by stockraider > 2017-08-15 11:31 |

Post removed.Why?

Posted by Kyou > 2017-08-15 11:34 | Report Abuse

@machai ... im still holding cc at 0.26 , is tat worth to hold ? Or cut loss.?@@