Posted by bursaman > 2017-08-27 22:26 | Report Abuse

Thinking to buy some after reading sumato88's comments. Good and informative article.

Posted by WiseMaster > 2017-08-27 22:34 | Report Abuse

Uncle OTB, here I come join you lo................wakakaka. You must have seen something very good about this company lei !

Posted by paperplane > 2017-08-28 01:19 | Report Abuse

Well, Philippines expansion, sure need funding from Malaysia. So div will only be higher loh. Why? Philippines market demand getting higher and higher! From a research I read recently. So hold it for future high dividend, also with good book!

Posted by LogicTrading > 2017-08-28 09:10 | Report Abuse

Mr Ooi, I am waiting for you here. Pls keep us updated. Thank you for your interest in Petronm

Posted by andr > 2017-08-28 09:13 | Report Abuse

Dragonpick do you really think my comments so powerful to move price? if not why are you so afraid?

Posted by andr > 2017-08-28 09:16 | Report Abuse

There are heroes in all of us, including the ones that tries to catch falling knife.

But there are also those who rather to be wrong but still make money.

Posted by adamant > 2017-08-28 09:19 | Report Abuse

andr.... people want to listen to what they want to listen.
Try telling a 100kg woman that she is fat and see what will happen to you?
Do you know how many people in this forum want to see the price rise to RM9.5 and sell it for a handsome gain? Especially those that keep on promoting this counter.....
After they sell, you will hear a very different tune being sung.

Posted by adamant > 2017-08-28 09:23 | Report Abuse

Dun worry lar..... This is just like LCTitan. Once the operator realize it is getting more and more difficult for him to sell out.... he will ask a researcher to raise the TP to RM13 then you will see frenzy buying and the operator will quietly out.
Currently the operator is lowering his demand from RM9 to RM8.8.

Posted by LaLaLa > 2017-08-28 09:24 | Report Abuse

pls keep this forum quiet and only provide valuable comments, shall we? pls don't turn this forum to like hengyuan. thanks.

Posted by paperplane > 2017-08-28 09:36 | Report Abuse

damn, sell it below 8!~!!!, I waiting.

Posted by CharmingMalaysian > 2017-08-28 09:38 | Report Abuse

Haha HRC operator still trying hard to convince people than Petronm share is expensive and HRC share is cheap.

Posted by Newmaster > 2017-08-28 09:39 | Report Abuse

Why should we dumb dumb hold ? Are we stupid ? Haha, you know I know.

Posted by andr > 2017-08-28 09:46 | Report Abuse

adamant, those who panic are the contra players, like you said once the operator/analyst reach their exit point, price will be press down so low again for them to collect back, caught anything in between will be bloody.

BTW this forum is so old without RSS feed, without any notifications, without ajax, how do you guys get notified of new replies?

Posted by valuecollect > 2017-08-28 09:47 | Report Abuse

Cup and handle formation is still intact la.............price dares not fall very far

Posted by adamant > 2017-08-28 09:55 | Report Abuse

andr... that is what i have been telling the others. There are those who think that we are opposed to petronm. This is crazy. I too have petronm. I also want to see it rise.
The fact remain is that there is a very big hantu who sapu a lot at RM7.5.
He is awaiting to cash in his fruit. So wait lor if wanna buy more.
Somemore got people last friday challenge say will go lower meh?
Of course can lah.
Unless somebody can buy that hantu punya ticket. He got 500K more.
This hantu wants to cash out early one coz he will go punt other counters. U think he want to dumb dumb hold ah?

Posted by adamant > 2017-08-28 09:59 | Report Abuse

Already tell people if wanna buy, buy slowly 100 unit by 100unit. Once confirmed reversal sign (aka hantu finish ticket), then only sialang also got time lah. Strategy very simple nia.
Without that hantu u think petronm can fly so easily meh?

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

From observations, if the same amount of funds used in HY were to be pumped into Petronm, the price will rise much much more and faster than what HY is struggling for higher level as it is now.

Yes, Petronm has much smaller float and it's not easy to get out. But there are still smart ways to gain big here through call warrants. Just think about it as the answers are open to those who are experienced enough.

Posted by adamant > 2017-08-28 10:30 | Report Abuse

those so call sifu who say they will buy more.... they will surely pick up.... all are waiting for the hantu to finish the ticket and compress price. GISpore, they all saving bullet for warrants now. Asking people to buy so that the hantu ticket will finish faster. Those who shout buy now also never dare to buy at price lower than MR.OTB. All also want to maximise profit.

Posted by Flintstones > 2017-08-28 10:30 | Report Abuse

Dividend from this counter is a long shot. Phillipines management had indicated they like to spend RM 6.5 billion for capacity upgrade. I will be more than happy if they do not call for rights issue

Posted by adamant > 2017-08-28 10:44 | Report Abuse

flintstones.... Although i am quite negative of it for short term, i would be quite positive of it in the coming 3 months. Rights issue is a big no no.... If they want money, borrow from the bank. It they dare to ask from investor despite being cash rish with no borrowings.... they are asking for big trouble. The reactions would not be too kind

Posted by sheldon > 2017-08-28 10:45 | Report Abuse

I just got off the line with the Co Sect. Wanted to find out more about the RM39.9m gain on service station divestment. He was very guarded with the information.

All he said was that it was in line with the MRT project. I think he mentioned 4 stations. Basically the govt wants to takeover the land, Petron has to agree.

Posted by GICSpore > 2017-08-28 11:01 | Report Abuse

sheldon, what is the telephone ? would you mind sharing ?

Posted by sheldon > 2017-08-28 11:30 | Report Abuse

GICSpore - it's on the Petron website. I would not want to blatantly display the number.

The Co Sect, let me pre-warn you will say - "I would not want to reveal to you more than what has been released to the public..." - as if giving me an unfair advantage. This is despite the fact that I'm only seeking clarification on historical info not insider info. I ask him whether he would treat analysts and reporters that same - he said he would.

He should know that the best approach is to answer queries in a forthright transparent manner.
Some of these guys are just plain arrogant.

Posted by Kyou > 2017-08-28 11:31 | Report Abuse

Omg...my cc going more lower ..@@.. hope can reach 0.25 and above b4 expire

Posted by LaLaLa > 2017-08-28 11:48 | Report Abuse

stop dragging along petromn together with you man... petronm has nth to do with u!
u r u, petromn is petromn!

Posted by dnn78 > 2017-08-28 13:34 | Report Abuse

As said cup and handle is with monthly chart, please hold ur holding another month laaa.... Hahaha....

Posted by adamant > 2017-08-28 14:45 | Report Abuse

unbelievably fast down ride. Every 10 cents is broken like nothing.

Posted by LowProfile > 2017-08-28 14:53 | Report Abuse

200k+ volume drop only, really really thin volume traded as of now...

Posted by George888 > 2017-08-28 15:05 | Report Abuse

Mega sales! :)

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

the only thing to do as of now is close the monitor and live thru. GG petron. See you guys after 3 weeks.

Posted by GICSpore > 2017-08-28 15:19 | Report Abuse

Time to absorb some first now...........as the price is falling. But will then come in 2nd wave of collection only next few days.

Posted by lowprofileone > 2017-08-28 15:34 | Report Abuse

Little little collect so that you wont be caught too high price, cos operator may not push strongly this round.

Posted by Parttimer > 2017-08-28 15:40 | Report Abuse

now is at the support of the uptrend line that began since starting this year...

Posted by brightsmart > 2017-08-28 15:42 | Report Abuse

Hengyuan push down Petron...then Petron push down Hengyuan.....

call a self reinforcing cycle....how will it end?

Posted by kenz88 > 2017-08-28 15:45 | Report Abuse

i told you already,,,,sell first,,,

Posted by adamant > 2017-08-28 15:45 | Report Abuse

nah.... operator achieve his purpose.
Reason.... everybody has his own cut loss point.
Once it hit, people will stop loss.
But the action shows that this is quite a desperate price push down.
Operator is going to go to final phase soon. Aggresive price push down. With the support of other people. When hit low maybe i guess RM8.3, might have a chance to rebound

Posted by charles_cty > 2017-08-28 15:49 | Report Abuse

when the price up....there are a bunches of sifu jump out talking....when price drop...there are another bunches of expert coming out to talk....everyone also stock expert nowaday....

Posted by invest turtle > 2017-08-28 15:49 | Report Abuse

See below rm7. Real EPS 18.8 sen for q2. Annualized EPs 18.8 x4 =75.2 sen.
Target price rm7.5

Posted by invest turtle > 2017-08-28 15:50 | Report Abuse

Next week can buy at 7.5. For those still hope can back to rm9 good luck.

Posted by LowProfile > 2017-08-28 15:58 | Report Abuse

@invest turtle, in my view I only looking at a net cash and strong cash flow company, and a dividend counter...

Posted by sheldon > 2017-08-28 16:20 | Report Abuse

Is this steep drop a result of forced selling of speculative positions?

Posted by kenz88 > 2017-08-28 16:22 | Report Abuse

Sell

Posted by Intergritytrader > 2017-08-28 16:23 | Report Abuse

Now.. Uncle mau ur "money" enough to buy more CD or not.. if not can ask from "good brother" since now is near mid of July..

Mana itu Aseng... ur wife kena kao kao oh.. any common sense to advise me arh? Idiot.

Again remind to all CD holder cut loss when needed else it will bcome A4 paper when come to maturity..

Invest turtle dunt say 7.5 like that .. later here got many ppl will tembak u said u didnt buy but talk so much punya tin kosong..

Posted by kenz88 > 2017-08-28 16:23 | Report Abuse

last week i told you already,,,sell first now stuck...

Posted by Petronm RM12.5 > 2017-08-28 16:25 | Report Abuse

Slow slow collect will help you win later

Posted by 林俊松 > 2017-08-28 16:26 | Report Abuse

Habis cerita~

Posted by LaLaLa > 2017-08-28 16:33 | Report Abuse

well... personally I see this as a very good opportunity to collect some.... fundamental is strong and good... company paying dividend somemore... of course I'm talking about investing here not about short term trading...

Posted by George888 > 2017-08-28 16:39 | Report Abuse

Bought some today :)

Posted by Parttimer > 2017-08-28 16:54 | Report Abuse

buy la... good fundamentals, dividend paying stock. bro invest turtle, where got people take quarterly eps annualised like that one... got seasonal effect one ma... lol...

Posted by adamant > 2017-08-28 17:01 | Report Abuse

my worse fear has come true. The pattern is similar as previous QR. From here on the operator will try to push it down to RM7.5. Only then he will start kutip balik. He has achieved the profit that he wants already. Now it is a battle of who can buy or sell more.