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Last Price

4.48

Today's Change

+0.16 (3.70%)

Day's Change

4.33 - 4.52

Trading Volume

307,000


10 people like this.

19,326 comment(s). Last comment by allaboutvalue 2 weeks ago

891891

16 posts

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

Repost :

the real operation performance could see from below:

Noted as well the gross profit margin drop


Gross profit Margin
Q2 2017 123,979k 5.13%

Q2 2016 135,600k 7.4%
Q1 2017 183,135 7.2%

DrNeo

13 posts

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

Good timing to collect below 9 as the q3 can be astonishing. It has the superb ability to pare down large borrowings and its proven.

891891

16 posts

Posted by 891891 > 2017-08-25 10:16 | Report Abuse

Based on the real profit for Q2 2017 of 38,681 , at P/E 6 the share price should quoted at RM3.43 if P/E 4.58

adamant

387 posts

Posted by adamant > 2017-08-25 10:17 | Report Abuse

anyhow it is all part of the fair game lah. In the first place who do you think push the price of petron from RM7 to Rm9.9? U really think petron got something to make it up 30% in a short span of 2 months? Now this same person want to ask back for money. If u believe got potential, do your own valuation and buy at own risk. U lose money nobody can pay u.

windcloud

1,393 posts

Posted by windcloud > 2017-08-25 10:17 | Report Abuse

Noted, shocked is because no locked in profit 40% and profit gone case and miss chance to double up to 80%. Now have to climb up from the start point.

But hope this should be temporary shock, afternoon is lovely surprise.

Cheers.

adamant

387 posts

Posted by adamant > 2017-08-25 10:20 | Report Abuse

windcloud.... then u are in for the next shock. The same person collected roughly 15 million to 25million at average of around 7.8. This selling wont stop until he has unload at least 3/4 of his holding. I think he roughly sold 20% of what he intended.

windcloud

1,393 posts

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

Go to makan makan first ..... ignore first maybe better. Nice chat with all. Thks.

Posted by weavefinder > 2017-08-25 10:28 | Report Abuse

My suggestion is not to buy yet, let HRC come out with their report and see the effect on both. This clustering effect is a plague. This evening and monday could be very noisy. I think the battleground will subside and calm sets in perhaps on tuesday. JUst my take.

kenz88

616 posts

Posted by kenz88 > 2017-08-25 10:29 | Report Abuse

told you already,,, will down first

Newmaster

485 posts

Posted by Newmaster > 2017-08-25 10:37 | Report Abuse

Noted selling continue to be very thin again. Meaning mostly hold tight tight and only small number are getting out. This is a good sign for next wave towards 3Q.

adamant

387 posts

Posted by adamant > 2017-08-25 10:39 | Report Abuse

newmaster.... selling not see like this lah. The operator decided to sell at rm9. If u look at the q u will know. he gap rm9 with rm9.07. look so attractive for people to makan. But truth is it will never be finish makan until at least more than 1.5million volume done.

Posted by Petronm RM12.5 > 2017-08-25 10:42 | Report Abuse

Yes, volume is getting thin. Buy more to mob up the floats in the mkt.

stocknanmy

105 posts

Posted by stocknanmy > 2017-08-25 10:48 | Report Abuse

Kawan kawan, jangan la risau. Jual habis la semua yg ada lagi jika tak suka Petronm.

Kita tepat ada di situ buat kutipan.

Posted by weavefinder > 2017-08-25 11:12 | Report Abuse

Assuming that petron playmaker wants to sell his holding, so does that make HRC playmaker also doing likewise? And when the results from HRC is out, without a playmaker for both what turmoil will occur with shares raining down. But wait a minute. Shares like petronm and HRC are not toilet papers that institutions and the corporations keep in their vault. They are not penny stocks, they are sometimes pledge to the bank. Would these big guns allow margin calls, despite profits reported. Do you think the big guns do not know the plaumaker? If that happens the playmaker's backside will be blasted with a C4. I wouldnt call this outright sellling, but more of a controlled play. Its like the foreplay b4 you make love. And a foreplay is only temporary b4 you go for the real thing.

perterpan

68 posts

Posted by perterpan > 2017-08-25 11:15 | Report Abuse

Just bought some as FD for 3 months................good luck.

Aseng

8,633 posts

Posted by Aseng > 2017-08-25 11:17 | Report Abuse

shelon,

this is good if you view it with a business sense

with the compensation Petronm can build more stations and generate more income in the long run




Posted by sheldon > Aug 25, 2017 10:11 AM | 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?

Kyou

1,225 posts

Posted by Kyou > 2017-08-25 11:21 | Report Abuse

Shld i cut loss of Cw-cc ? Cost 0.25..

loaded

64 posts

Posted by loaded > 2017-08-25 11:22 | Report Abuse

Still eagerly waiting for the durian to drop below 8.90. Wanted to get in some good lots for a try lor. Such good cashflow wor

Aseng

8,633 posts

Posted by Aseng > 2017-08-25 11:23 | Report Abuse

government is fair , they take your land at market value

my land was acquired by the gov also, with this money I bought a 100x bigger piece of land , income follow increses 100x

to petronm it is just a petrol station , to the gov it is a high rise commercial building or high way , petronm want more stations to sell more oil to earn more , the gov has help Petron to unlock the value of the land , isn't it good for petronm

adamant

387 posts

Posted by adamant > 2017-08-25 11:24 | Report Abuse

Weavefinder... why make so complicated? The operator wants to sell all at rm9. Whoever believe petron got upside rm12 buy from him lor. He wont budge till u habis makan what he wants u to makan. Dun worry. He wont press down the price...... yet.
When u done buying 3/4 of what he has... he will press the panic sell button. Why? Everybody got a cut loss level. He just need to make enough people sell then he can buy again at say RM8 or RM7.5.
Then the whole cycle repeats itself again. Rinse and repeat until next QR. Why? By next QR there will be a lot of sifu coming in with complicated mathematical calculation.
Paperplane is in the stock for so long di. Ask him lah. He knows how they operate.

Aseng

8,633 posts

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

don't believe the so called 891891, his figures may be right but NO business sense.

CKCS

1,439 posts

Posted by CKCS > 2017-08-25 11:29 | Report Abuse

Bahahahaha..........stockraider still got money after bankrupt in Evergreen ah?! LMAO

Aseng

8,633 posts

Posted by Aseng > 2017-08-25 11:30 | Report Abuse

no hurry....
they want to sell let them sell loh....
we are going to sell because we want to sell at 12 even though we know very well the intrinsic value of petronm is around 19
net cash some, with expected more dividend, so no fear....

what to do now ?

sikit sikit collect
because we already holding plenty
we just enjoy buying cheap even though sikit sikit

Posted by weavefinder > 2017-08-25 11:32 | Report Abuse

KYOU, i am not a sifu. but what i can say is not everyday is a stormy typhoon. The pessimism starts creeping in becos you are watching. There is a month left b4 it expires if that is your holding. But if it is not yet paid for, i cannot and wont comment. The limited float and small volume makes recovery quite rapid. I think this evening will provide the direction. This is not ABC penny stock, this is PETRONM. Again just my take.

Posted by weavefinder > 2017-08-25 11:38 | Report Abuse

If petronm is buried, the next grave beside it is HRC. The stock obituary will read 2 sterling performances died in action. If that is the case lets be full time gamblers. Genting and Turf clubs, here i come, becos Bursa has become a gambling den. I might as well gamble on horses and gaming matters rather than stocks, if that happens.
Long term buy penny stocks with absurd valuations. Short term buy and dabble with strong fundamental stocks!

Kyou

1,225 posts

Posted by Kyou > 2017-08-25 11:45 | Report Abuse

@weavefinder ... thx for ur explanation here... i juz think tat mayb the bad sentiment today.. even Hengyuan oso down alot ...

adamant

387 posts

Posted by adamant > 2017-08-25 11:45 | Report Abuse

weavefinder... you are a good man. But truth be told, bursa is worse than gambling den. In gambling den, the rules are set. you know your odds. In bursa, u thought the rules are set and your rights are protected. But the truth is any stock can be easily manipulated.

U want to long term invest, go buy djia stock lah. Much bigger return and betul2 stable and follow fundamental. Malaysia stock is illiquid. Those with 15million can control the counter. If not explain why Mlab, mtouche, xox, anzo all can up double or triple in less than 1 month and gth after that?

Posted by Intergritytrader > 2017-08-25 12:00 | Report Abuse

Uncle Mau got buy more CD?...thought u will defend 0.24.. remember to buy ya.. buy more to push it up ya... then ur" money" wil be lock up..haha...

Mana itu Good stock yg kaya kaya got invest alot de.. come lah buy some lah , participant abit loh in CD.. else later other ppl say u tokok talk east kosong tin only..

Aseng got buy boh. Since u r also rich and like to talk other ppl comment as tin kosong..dunt know how many ppl kena u all this king so call expert kon to buy stock.. keep on posting positive thing regarding a stock without say out the truth of current trend.. when got ppl mention the different side of opinion than u all u keeep say ppl talk tin kosong but in the end really dunt know how much u all have participant really inside this stock market.. more worst is those newbie like to refer here as their direction guideline.. those loss money kao kao and always kena kon r ur loyalt supporter...

Lastly.. i still want mentioned . Cut all ur PetronCD b4 it goes bcome A4 paper.

loaded

64 posts

Posted by loaded > 2017-08-25 12:03 | Report Abuse

Intergritytrader, so you dun buy ? Buat kacau saje ?

adamant

387 posts

Posted by adamant > 2017-08-25 12:21 | Report Abuse

Done 9.0. Next pit stop 9.05. If petron can settle 9.1 today then only got hope.
But to be fair.... hengyuan trend is a darling. When hengyuan QR is out.... i still remember twice it gap up and continue up. Maybe that time valuation extremely low at RM3 and 4.5 respectively.\

I dun follow FA that much because that is a bullshit in BURSA. Trend is the friend. And all operator somehow ends up with certain MO. Seen them operate and jot them into the book. That book will be your friend.

ocpd

762 posts

Posted by ocpd > 2017-08-25 13:14 | Report Abuse

Aiyah, why drop so little ... drop more lah, im waiting leh!

Posted by seriousman > 2017-08-25 13:35 | Report Abuse

Come on la, drop more as I am also waiting. Must own this stock one day as my long term investment plan

investor77

805 posts

Posted by investor77 > 2017-08-25 13:44 | Report Abuse

CC still has 1 month to go , and now at Zero premium!! Worse to worse at maturity, you will get your money back if price is at this level. No doubt lose a bit if cost is 25 cents.

When Heng Yuan result out,very soon, possible for PetronM to go up. Should CC player still want to play, maybe switch to Heng Yuan CE, longer maturity and premium less than PetronM CD.!!

Posted by seriousman > 2017-08-25 13:47 | Report Abuse

sumato88 come out with a very good write up again, here you go :

https://klse.i3investor.com/blogs/sumato88/130783.jsp

UncleMau

211 posts

Posted by UncleMau > 2017-08-25 14:51 | Report Abuse

Still havent collected enough, nevermind wait for it to go lower somemore than sapu more !

Posted by weavefinder > 2017-08-25 14:52 | Report Abuse

Shutdown maintenance: Petron corp ph yes but petron malaysia if i am not mistaken is in October. Simple, just ask ask friends of yours who works in petron. No big secret. Forgive me on this take. Must ask for forgiveness first becos this forum is so explosive in nature, if facts are found to be not right then fangs and parangs will be drawn out.

paperplane

21,644 posts

Posted by paperplane > 2017-08-25 14:52 | Report Abuse

selling volume rather small. only small fish selling

UncleMau

211 posts

Posted by UncleMau > 2017-08-25 14:53 | Report Abuse

We are big and strong fish, small fish can't survive long here.

Posted by Activeinvestor > 2017-08-25 14:56 | Report Abuse

Now my turn to sweep sweep the floor if any wants to sell........no bullets ke ?I have a lot to shoot.........hehehe

Posted by weavefinder > 2017-08-25 15:00 | Report Abuse

now at this moment, petronm look at HRC, HRC look at Petronm. Both thinking what to do next. both are down mere 2%.

Posted by weavefinder > 2017-08-25 15:04 | Report Abuse

Hello, would somebody indicate which CI counter is dragging down the CI, although it might not be relevant to this forum.?

Posted by weavefinder > 2017-08-25 15:17 | Report Abuse

Come on HRC reduce the deficit gap. Your results and your behaviour could be the determinant during this 2 day blood feud!

Posted by LogicTrading > 2017-08-25 15:22 | Report Abuse

Preparing myself for another round of collection, wish me good luck......lol

adamant

387 posts

Posted by adamant > 2017-08-25 15:23 | Report Abuse

good luck

Posted by lowprofileone > 2017-08-25 15:33 | Report Abuse

Still can buy ar ?? Anyone ??

adamant

387 posts

Posted by adamant > 2017-08-25 15:45 | Report Abuse

Can. But dun sialang lor. The lowest low has not been established yet.

Posted by lowprofileone > 2017-08-25 15:48 | Report Abuse

Tqvm bro

Posted by weavefinder > 2017-08-25 15:50 | Report Abuse

Dont you all hear the drumbeat of an impending election? banks got whacked today. Or is it the beat of an erection? I cant say much for you lowprofileone, becos a lot has been said in this forum, which can guide your decisions. I have a friend who visits petron corp philippines regularly: He says except that Petron phili do not have exploration, but refinery and retail wise they are even bigger and more experienced than Petronas. Just my take!

adamant

387 posts

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

Where you get that info weave?
Anyhow, today is consider good compare to previous QR. Previous QR is a total slaughter for petron. Today it is trying to maintain the loss to less than 3%. This hopefully is a good sign.

Posted by weavefinder > 2017-08-25 16:22 | Report Abuse

I dont have interest in HRC. But i wanna see HRC get out of this rut. My take is that if HRC can endure this onslaught, then Petronm can move on.

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