Posted by ordinaryjoe > 2017-08-25 09:14 | Report Abuse

something to ponder..

gain on disposal of rm39,902k... compulsory acquisition of svc stations... why? i have 2 questions
1) why compulsory govt acquisition?? Petron retail revenue model is to open more svc stations and gain market share. Retail profits is less volatile and deserve higher valuation (as per Pet Dag)
2) The gain on disposal is almost RM40m!! This is a staggering amount.. it is not proceed but gain! How many svc stations was acquired??

Having said that, I still believe PetronM business model is robust... it is has turned net cash.. next question is capex for the next 2 or 3 years and funding requirements...

Posted by Flintstones > 2017-08-25 09:15 | Report Abuse

Who is this unknown user adamant? Tak kenal pun. LOL

Posted by Flintstones > 2017-08-25 09:15 | Report Abuse

Compulsory acquisition is normal. Most kiosks located in prime land. Of course gomen wanna buy back the land for road widening purpose

Posted by katappa > 2017-08-25 09:16 | Report Abuse

almost time

Posted by ipodkaki > 2017-08-25 09:18 | Report Abuse

all of your sifu who are working for the institutions after writting you all BS articles to lure you in, they are now collecting pocket money from the institutions

Posted by weavefinder > 2017-08-25 09:19 | Report Abuse

brother, the dynamics is the pattern of movement, not the ballpark valuations. Ballpark valuations only god knows.

Posted by weavefinder > 2017-08-25 09:21 | Report Abuse

So whats the price of HRC now, down by how much? I think later in the day both will retrace to minimize the loss in price.

Posted by adamant > 2017-08-25 09:22 | Report Abuse

u want ballpark valuation? Yesterday the one who park 30K unit at 9.4 is now parking at 9.2. How about we call it observation?

Posted by Flintstones > 2017-08-25 09:24 | Report Abuse

So much market noise. I think must follow sumato. Ignore the crowd. Hahaha!

Posted by invest turtle > 2017-08-25 09:26 | Report Abuse

after weekly fuel pricing, PetronM only made EPS 18sen for Q2. But its almost debt free. good to buy if price drop

Posted by tingangap1 > 2017-08-25 09:30 | Report Abuse

Slowly recover now. Good sign

Posted by oldkuku > 2017-08-25 09:31 | Report Abuse

Rich man game........look at the volume, you will notice only weak holders selling. But they are small number only.................hahaha

Posted by Awet91 > 2017-08-25 09:33 | Report Abuse

Collect while on red

Posted by oldkuku > 2017-08-25 09:34 | Report Abuse

Collecting now...............cheap ma to rich investors

Posted by Zac00 > 2017-08-25 09:36 | Report Abuse

petron GG, heading south

Posted by Aseng > 2017-08-25 09:36 | Report Abuse

It is still not near your TP 12
why bother daily up and down
To day up 10 sen , tomorrow may drop 20 sen
Similarly , to day drop 10sen , tomorrow may go up 20 sen.
Why make yourself so busy with a stock that you have no fear

I have both petronm and hengyuan , if petron can't perform then Hengyuan has to ta-pao go back China.
Why?
What Petron has , hengyuan doesn't have
What hengyuan has, petron also has
If you do not have business sense then use your common sense to tell you what is best to do .

Posted by UncleMau > 2017-08-25 09:37 | Report Abuse

Moving in more lor..............accumulating each time go lower like this.

Posted by weavefinder > 2017-08-25 09:38 | Report Abuse

If i am not mistaken, the average price of the playmaker stockholding. is now 919, from yesterdays volume and average final price 930 and the current price of 909. Beyond that, no deductive info.

Posted by paperplane > 2017-08-25 09:40 | Report Abuse

as usual, goes down first, then quickly rebound

Posted by Aseng > 2017-08-25 09:40 | Report Abuse

Wait for the contra kaki and tumpang kaki to settle their position first , then the real show will begin , then you will see your calm and strong spirit reward you with a big capital gain

Posted by invest turtle > 2017-08-25 09:40 | Report Abuse

minus the disposal of property plant, actual earning from weekly pricing is 51m last quarter. this will be stable for next quarter. fundamental had changed.

Posted by weavefinder > 2017-08-25 09:42 | Report Abuse

Hello, whats the price differential with HRC now?

Posted by adamant > 2017-08-25 09:45 | Report Abuse

petron vs hy - 31 vs 26 loss

Posted by weavefinder > 2017-08-25 09:46 | Report Abuse

Now its the HRC fever catching Petronm

Posted by ipodkaki > 2017-08-25 09:46 | Report Abuse

Thats all, it won't go back to 9 in short term.

Posted by adamant > 2017-08-25 09:47 | Report Abuse

told the investors all to stay back. Today is punters day.

Posted by invest turtle > 2017-08-25 09:48 | Report Abuse

buy at lower

Posted by jebat > 2017-08-25 09:49 | Report Abuse

what happend....?

Posted by Aseng > 2017-08-25 09:50 | Report Abuse

Let me share with you our experience , paperplane sifu, probability , stockraider and many other can be the witnesses of what I say


after Petronm announce its 5 folds jump in profit with no one off item,in its Q1 result, the price come down instead of going up , later shoot to all time high ....

so, you see, no sifu can predict the market , they can't even survive with their own fortune telling strategy

what is best ?

1. invest with a right attitude never fail

2. believe that fundamental will win the game at the end

3. do nothing is better than follow blindly what sifu said

Posted by weavefinder > 2017-08-25 09:51 | Report Abuse

So if HRC reports this evening, will monday be another trashing for both despite both registering good results? So when will all this rubbish and noise come to a stop?

Posted by stockranger > 2017-08-25 09:53 | Report Abuse

Just wait for lower to buy 30 lots again, why not for this stock ? Cheers !

Posted by weavefinder > 2017-08-25 09:53 | Report Abuse

I suggest we tell both bosses of Petronm and HRC might as well report losses next quarter to satisfy the naysayers.

Posted by adamant > 2017-08-25 09:54 | Report Abuse

Learn from the old one who kena also the best. Bought last round at 8.91. Yup it went to all time high 9.9. So what? Earn a single penny after fundamental investing after 1 full good QR?
If last round u kutip at lowest 7.5 then now you would be ok lah.
Those who enter early or even plan to enter at gap up.... u scare now lor.

Posted by weavefinder > 2017-08-25 09:55 | Report Abuse

Aseng, I am with you!

Posted by adamant > 2017-08-25 09:57 | Report Abuse

my experience, the more the sifu say it is nice like heaven made, the more you should avoid the heat first. One bad qr is enough to put investor off for this kind of stock. Look at perstim lah.

Posted by KimJongUn > 2017-08-25 09:57 | Report Abuse

Go down more will be good for me to sapu more and more...........already in the buying que. Come down la.

Posted by Aseng > 2017-08-25 09:58 | Report Abuse

891891,

let me tell you ,

1. you are one of the sifu from Hengyuan, you want Hengyuan overtakes petronm.

2. you have only 6 posts , a new ID created to mislead the reader here to panic sell petronm

don't do such a silly thing lah.....
nothing can hide under the broad day sun




891891
6 posts
Posted by 891891 > Aug 25, 2017 08:51 AM | Report Abuse

All my post yesterday has been deleted, I do not know why as I display all figures based on facts:

Posted by windcloud > 2017-08-25 09:59 | Report Abuse

just wake up and saw down terrible, but considered a handle, just brought mum for support at 8.9x.

Posted by invest turtle > 2017-08-25 09:59 | Report Abuse

homily red bar is reducing now. careful

Posted by Aseng > 2017-08-25 10:01 | Report Abuse

not easy to buy Petronm cheap

don't believe you can try

the free float is too small just about 50M , 220M big kaki hold tight tight ....

Posted by valuecollect > 2017-08-25 10:04 | Report Abuse

Still not falling sharp leh, want buy after sold this morning..........nevermind will reenter a while later.

Posted by windcloud > 2017-08-25 10:06 | Report Abuse

8.90 is the lowest, wait it rebound ..... might close green back .... just guess .... fundamental no changes, but QR shock .... but actually I shocked also ....

Posted by Aseng > 2017-08-25 10:07 | Report Abuse

small free float is an advantage and also a disadvantage

just a small push or press , the price will fluctuate a lot up and down
that is why OTB & KYY choose Hengyuan not petronm , difficult to buy cheap , difficult to exit safely

Petronm now is net cash

a must buy for your long term portfolio ,

the best thing to do is "do nothing "

Posted by weavefinder > 2017-08-25 10:10 | Report Abuse

Never mind la windcloud, I pun shocked juga, but all part and parcel of the game. In fact that is why the person behind it is call the playmaker. If any holder says tak shocked, i think perhaps he has enlarged testicles!

Posted by 891891 > 2017-08-25 10:11 | Report Abuse

All my post yesterday (7pm to 9pm under 1681 name) and this morning post has been deleted, I do not know why as I display all figures based on facts:

Posted by sheldon > 2017-08-25 10:11 | Report Abuse

Why should the govt compulsorily acquire service stations which Petron has painstakingly put up? Which stations did they acquire? Don't Petronas have enough stations?

Is it a case of someone takes all the risk and does all the hard work and someone else reap the benefits?

Posted by adamant > 2017-08-25 10:12 | Report Abuse

i tak shocked. I predicted it will fall despite all the bubble of joy. And by the way, my ball is not very big only. experience lah bro...

Posted by 891891 > 2017-08-25 10:12 | Report Abuse

I speak on fact and figure, Dear admin, please do not delete my post. Let all investors get the info and filter themselves.

Repost:


After reading all comment really tempted to invest in this counter..yet looking at the quarterly announment and noted the following:






Non- operational effect:
Gain from disposal of fixed asset 39,902
Increase in realised forex gain 7,212 (11,996-4,784)
Reduce in unrealised forex loss 5,204 (7,155-1,951)

Total non-operational effect = 39902+7212+5204=52,318

Q2 2017 Profit vs Q2 2016 should compared apple to apple as follows:
90,999-52,318 vs 61, 531 = 38,681 vs 61,531
Actual profit after tax reduce by 37.1%

Q2 2017 Profit vs Q1 2017 profit:
90,999-39,902-2,121(realised and unrealised forex effect) vs 108,537
=48,976 vs 108,537 = drop 54.9%


Noted "review in performance" of quaterly annoucement the Management do not comment on why how profit increase. Perhaps above non-operation effect will answer this.

Posted by 891891 > 2017-08-25 10:13 | Report Abuse

Admin , please be fair and let me post my view. Thanks

Repost:

davidtslim

Petronm part 7 (New valuation)

https://klse.i3investor.com/blogs/david_petronm/130782.jsp

Reply:::::
PE is a common tools to evaluate a share price. Excellent cash management will hardly a driver for share price to fly unless lucrative dividend is paying out soon.

So far Petronm price has move from RM4.14 to RM9.xx in short period due to good prospect in PE and not on cash. With current good cash management and shrinking profit , it would unable to elevate the price futher from RM9.xx.

It required new prospect and development to expand the price

Posted by 891891 > 2017-08-25 10:15 | Report Abuse

All my post yesterday 7pm till 9pm (under 1681 name) and this morning 850am post has been deleted, I do not know why as I display all figures based on facts: