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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

stocknanmy

105 posts

Posted by stocknanmy > 2017-08-28 23:05 | Report Abuse

Tuan tuan dan puan puan sekalian, kita akan tetap kutipan seterusnya. Biarlah pemegang yg lemah tu cepat habis jualannya.

Jatuhan harga ni tak ada kena mengena dengan quality company langsung. Ya cuma kerja orang yg berniat lebih kutipan.

Tapi kita Akan buat rebutan kutipan bersama jua.

UncleMau

211 posts

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

Will monitor the price movement closely to prepare for scooping on lower entry point.

Posted by weavefinder > 2017-08-28 23:17 | Report Abuse

I am looking at Petronm hitting 12 before their Q4 being published in Feb 2018. However the expiry of Cd is also some time in the 3rd week of the same month. Actually within this 2 or 3 days is a good time to buy the Cd. It might seem far fetched but Petronm is such an enticing corporate animal. Hard to keep away from it.

Posted by weavefinder > 2017-08-28 23:18 | Report Abuse

I am buying the Cd within this period.

paperplane

21,644 posts

Posted by paperplane > 2017-08-28 23:48 | Report Abuse

Hehe, raider bro. Now is the time to teach ppl why only 1% ppl in stock mkt make money.

paperplane

21,644 posts

Posted by paperplane > 2017-08-28 23:49 | Report Abuse

Why we are making mOney most of the time in long-term while other suffers? Art of Sailang starting engine gear 1

stockraider

31,556 posts

Posted by stockraider > 2017-08-28 23:53 | Report Abuse

CORRECTLOH...PAPER...WHEN U FORSEE THE SELLING PRESSURE BUILDING UP...GENERAL RAIDER DON GO HEAD ON WITH THE ENEMY LOH...!1

GENERAL RAIDER....RETREAT TO THE HIGHLAND AND DIG IN AND WAIT FOR THE ENEMY TO ARRIVE...SLOWLY SHOOT THEM ONE BY ONE MONTH LOH...!!

2MORROW RAIDER WILL LAY THE THE DEFENSE LINE AT RM 7.00 IN THE MORNING...LET THE ENEMY ADVANCE 1ST LOH....!!

paperplane

21,644 posts

Posted by paperplane > 2017-08-29 00:03 | Report Abuse

Both petronm and hengyuan did the same thing and have similar characters. Earn huge cashflows, starting parred down borrowings, improve future cost of funds and use money to 8mprove and expand further incapacity.
Yet, ppl choose to focus forex loss lah, downtime in refinery lah, inventory fair value lah, this and that. Start losing focus! Focus is always cashflows in biz, not all these. Funny things is, their poor result More or less due to high amortization coupled with all these

stockraider

31,556 posts

Posted by stockraider > 2017-08-29 00:07 | Report Abuse

correctloh...talk about q2 eps pet dag only achieve rm 0.248 per share, still perform poorly when compare to HRC weak qtr 2 eps of rm 0.28 loh...!!

stockraider

31,556 posts

Posted by stockraider > 2017-08-29 00:09 | Report Abuse

posted by stockraider > Aug 28, 2017 10:58 PM | Report Abuse X

LATEST YEARS hrc earnings

2015....................EPS RM 1.17
2016....................EPS RM 1.12
ROLLING LATEST Q2 2017. EPS RM 1.63

stockraider

31,556 posts

Posted by stockraider > 2017-08-29 00:17 | Report Abuse

General Raider pledges;

General raider do not pledge immediate win for HRC bull armies over the lost territory loh...!!

General raider promise u that within, the next 3 mth...General raider will lead u and march to glory loh...!!

whatever...u have loss...u will win back loh...!!

GENERAL RAIDER IS A PROFESSIONAL ARMY...NO FEAR OF FALLING KNIFE..!
TRUST GENERAL RAIDER LOH...!!
REMEMBER TO SING THIS THEME SONG WITH GENERAL RAIDER WHEN FIGHT WAR LOH..!!

LETS SING AGAIN THIS BEAUTIFUL SONG;

"We Shall Overcome"

We shall overcome,
We shall overcome,
We shall overcome, some day.

Oh, deep in my heart,
I do believe
We shall overcome, some day.

We'll walk hand in hand,
We'll walk hand in hand,
We'll walk hand in hand, some day.

Oh, deep in my heart,

We shall live in peace,
We shall live in peace,
We shall live in peace, some day.

Oh, deep in my heart,

We shall all be free,
We shall all be free,
We shall all be free, some day.

Oh, deep in my heart,

We are not afraid,
We are not afraid,
We are not afraid, TODAY

Oh, deep in my heart,

We shall overcome,
We shall overcome,
We shall overcome, some day.

Oh, deep in my heart,
I do believe
We shall overcome, some day.

paperplane

21,644 posts

Posted by paperplane > 2017-08-29 00:22 | Report Abuse

What song is that raider bro? Tot u wanna sing Liverpool, you will never walk alone, kakaka.when sell down, all die sekali, hahahah

stockraider

31,556 posts

Posted by stockraider > 2017-08-29 00:31 | Report Abuse

AFTER V HAVE "OVERCOME"....THE ENEMY...THEN WE WILL SING..!!

"U WILL NEVER WALK ALONE"...!!

RIGHT NOW...WE WANT OUR ENEMY TO WALK ALONE LOH...!!

stockraider

31,556 posts

Posted by stockraider > 2017-08-29 00:38 | Report Abuse

GENERAL RAIDER( 5 STAR GENERAL}...NO CHICKEN FEED LOH...!!
ALOT OF BIGGER OPPOSITION ARMY, WHEN HEAR GENERAL RAIDER ATTACKING...THEY RUN AWAY LIKE CHICKEN MAH....!!

paperplane

21,644 posts

Posted by paperplane > 2017-08-29 01:18 | Report Abuse

Hehe!

newbie66

50 posts

Posted by newbie66 > 2017-08-29 04:58 | Report Abuse

sifus why no IB cover Petron? Who push up from RM 4?

ipodkaki

57 posts

Posted by ipodkaki > 2017-08-29 06:07 | Report Abuse

Crude oil drops 3% , Kim Jong Ung fires missiles to Japan. PetronM and stock market GG today

LA777

3,383 posts

Posted by LA777 > 2017-08-29 06:23 | Report Abuse

General raider, now focus on Petronm or HRC?

happy888

518 posts

Posted by happy888 > 2017-08-29 07:35 | Report Abuse

General raider.... u put ay rm7 for what? Why not lay your defence at rn8. Last i remember u say tp rm12 and u say good qr sure price rise. U setup yourself for rm5 win with rm8 investment leh. Why so paiseh put at rm7?

A general when he knows going for sure win already will put himself in front for the all the glory. Not as a back up player for others to take glory.

Even your compatriot dares to put rm8 and catch falling knife. How can u lose out to them? Today tuesday (holiday mood) and tomorrow is last day of this week mah.

Operator already cun cun count di. That drastic sharp knife fall is no coincident. This is the best cash free counter..... gogogogo. Catch the dropping knife.

happy888

518 posts

Posted by happy888 > 2017-08-29 07:38 | Report Abuse

Let me put up a song for u to naikkan your semangat general

He split the racket, to operate on his own
He set them up, stripped them and then he was gone
He's a Robin Hood of a new century
If you're rich and dumb, you bleed, boy

Con man's got a bloodhound nose for flaws
Profits from both sides of the law
I feel sympathy for his philosophy
If you're clever you can beat them all

Sister, tell your mister, to hold on to his change
Hustler, call him hustler, Con man rides again
Bandits, he's the bandits, settin' up a frame
Sister, tell your mister, to hold onto his brains

Con man's mastermindin' on a brand new heist
Blueprintin' through the secret files
Your tune ain't gonna be so nice
When he gets through with you

There's just one thing left to do
'Cause he'll take it away
One money hungry night
Your longs are gonna be his guidin' lights



Read more: Golden Earring - Con Man Lyrics | MetroLyrics

happy888

518 posts

Posted by happy888 > 2017-08-29 07:42 | Report Abuse

Newbie66... smart question. That is the question everyone should be asking. Who push up? What is in it for him? He wanna go long like cab or cck? Or he wanna go short like xox, mlab and anzo?
Or he wanna rinse and repeat like petron? Or he wanna sialang style like kyy (announce sialang after he sialang lah)

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

My 2 sens worth on Newbie and happy 888 issue: If you check the shareholding spread Petronm has only one single substantial block 73% held by Mayban nominees for Petron Intl ltd. There are no other substantial holders. 2nd biggest holder only holds about 1660 lots about 0.614%. That is why within the last few years or so you cannot find substantial shareholding transactions indicated for Petronm, becos there is none (If i am not mistaken min should be 6% to be substantial)
I cannot be sure who's the playmaker (buying and selling) but my guess is that it has to be associated to Mayban nominees. Put youself in Petron ltd shoes. Will you allow other unknown parties to manipulate your pledged shares, and place yourself at their mercy, whereas you are the 73% owner? The shares are at Mayban nominees. They are allowed to use, except not abuse.
That is why Petronm is thinly traded. No other strong holders.

stockraider

31,556 posts

Posted by stockraider > 2017-08-29 08:23 | Report Abuse

Posted by stockraider > Aug 28, 2017 11:53 PM | Report Abuse X

CORRECTLOH...PAPER...WHEN U FORSEE THE SELLING PRESSURE BUILDING UP...GENERAL RAIDER DON GO HEAD ON WITH THE ENEMY LOH...!1

GENERAL RAIDER....RETREAT TO THE HIGHLAND AND DIG IN AND WAIT FOR THE ENEMY TO ARRIVE...SLOWLY SHOOT THEM ONE BY ONE MONTH LOH...!!

2MORROW RAIDER WILL LAY THE THE DEFENSE LINE AT RM 7.00 IN THE MORNING...LET THE ENEMY ADVANCE 1ST LOH....!!

paperplane
12915 posts

Posted by paperplane > Aug 29, 2017 12:03 AM | Report Abuse

Both petronm and hengyuan did the same thing and have similar characters. Earn huge cashflows, starting parred down borrowings, improve future cost of funds and use money to 8mprove and expand further incapacity.
Yet, ppl choose to focus forex loss lah, downtime in refinery lah, inventory fair value lah, this and that. Start losing focus! Focus is always cashflows in biz, not all these. Funny things is, their poor result More or less due to high amortization coupled with all these

stockraider
4509 posts

Posted by stockraider > Aug 29, 2017 12:07 AM | Report Abuse X

correctloh...talk about q2 eps pet dag only achieve rm 0.248 per share, still perform poorly when compare to HRC weak qtr 2 eps of rm 0.28 loh...!!

stockraider
4509 posts

Posted by stockraider > Aug 29, 2017 12:09 AM | Report Abuse X

posted by stockraider > Aug 28, 2017 10:58 PM | Report Abuse X

LATEST YEARS hrc earnings

2015....................EPS RM 1.17
2016....................EPS RM 1.12
ROLLING LATEST Q2 2017. EPS RM 1.63

HAPPY 888...SORRY RAIDER DEFENSE AT RM 7.00 IS DIRECTED AT HRC NOT PETRON LOH.....!!

FOR PETRON THERE ARE OTHER CAPABLE GENERAL LIKE PAPERLANE WILL COME IN DEFENSE LOH....!!

IF U ASK RAIDER WHAT DEFENSE FOR PETRON, RAIDER WILL SAY RM 7.60 LOH....!!
PETRON IS EASIER TO DEFEND BCOS 70% OWN BY MAJOR SHAREHOLDER AND ASB IS NOT A SHAREHOLDER LOH...!!

ANYHOW THE ACTUAL DEFENSE U TALK TO GENERAL PAPERLANE A VERY CAPABLE GENERAL ESPECIALLY WHEN HE RUN THE OFFENSIVE TANK DIVISION LOH..!!

Posted by weavefinder > 2017-08-29 08:29 | Report Abuse

Fund managers for institutional stocks are different from playmakers of penny stocks. Fund managers are flushed with bullets and time is definitely on their side. That is why not to T4 with institutional stocks, Your probability of success is much lower than if you are in penny stocks.

happy888

518 posts

Posted by happy888 > 2017-08-29 08:36 | Report Abuse

Weave... the hand that throw yday definitely nothing short of concerted effort. This is fundamentally good stock. Wait for it to bottom out and then move in would be far better than to ask others to jump in at rm9 right?
Fair or unfair view?
Stock = fundamental + technical + timing
Asking ppl to jump in rm9.4... good timing or not? Be honest

paperplane

21,644 posts

Posted by paperplane > 2017-08-29 08:44 | Report Abuse

missle fire, lets see if mkt will over react? perfect storm coming, as predicted, the minor correction might be coming

George888

425 posts

Posted by George888 > 2017-08-29 08:45 | Report Abuse

See what happens later. Stock went from rm9 to rm7, and rebounded strongly to rm9. History repeating itself? Petron is cheap.

Posted by invest turtle > 2017-08-29 08:49 | Report Abuse

Waiting at rm7

Posted by Imposterranger > 2017-08-29 08:52 | Report Abuse

Whatever it is, buy more and keep if below 8. Played updown several times so far so good. Of course no contra

Posted by invest turtle > 2017-08-29 08:53 | Report Abuse

Homily red bar is reducing. Price will go down further

paperplane

21,644 posts

Posted by paperplane > 2017-08-29 08:56 | Report Abuse

yeah. real cheap now. hehe

Posted by weavefinder > 2017-08-29 09:01 | Report Abuse

Happy 888, i am only human. I cannot totally separate my emotion and rational mind. I am buying the Cd this few days ( Dont ever think I am a big player). I envisage (I say envisage becos you cannot get 100% info, nobody does) before Cd expires in 3rd week Feb 2018, that Petronm will be RM 12. But one snag that worries me is that Petron Malaysia carries out maintenance in October. Turnaround time, I cannot be sure.
On whether 9.4 is high, If it was my situation, I will be buying today and tomorrow (albeit slowly) so that you could achieve lower averages in your petronm portfolio. You bought earlier due to the confidence and investigative process, i assume. If you are a holder, just exercise patience. You are not holding stocks on an unfounded basis. You are holding Petronm.

hng33

20,338 posts

Posted by hng33 > 2017-08-29 09:05 | Report Abuse

bought petron at 8.29-8.30

adamant

387 posts

Posted by adamant > 2017-08-29 09:07 | Report Abuse

hmmmm...... something is different today.

hng33

20,338 posts

Posted by hng33 > 2017-08-29 09:10 | Report Abuse

The profit that refiners make per barrel of gasoline jumped as high as 21 percent <RBc1-CLc1> in the first trading day following Harvey's landfall near Corpus Christi, Texas, late on Friday, as fears of short supplies gripped the market.

Gasoline for immediate delivery in the Gulf Coast hit five-year highs, traders said, while U.S. gasoline futures <RBc1> jumped as much as 7 percent to $1.78 per gallon, the highest since late July 2015.

In total, 2.45 million bpd of U.S. refining capacity was shut due to Harvey, which knocked out four refineries in South Texas before bringing flooding rains to plants near Houston.

Nearly 19 percent of oil production in the Gulf of Mexico has been shut, the U.S. Department of the Interior said on Monday.

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

Will only sell if rebounds buy when falls

hng33

20,338 posts

Posted by hng33 > 2017-08-29 09:15 | Report Abuse

Crude oil prices are sinking BUT gasoline soars after Harvey ----> exacerbate further refinery profit margin expansion

Awet91

1,934 posts

Posted by Awet91 > 2017-08-29 09:17 | Report Abuse

Hope it can up more

adamant

387 posts

Posted by adamant > 2017-08-29 09:23 | Report Abuse

weave..... careful of the CD. Currently CD is overvalued. To get current price worth of 20 cents Petron must be at least RM11. Oil is kinda volatile now.

Posted by Activeinvestor > 2017-08-29 09:24 | Report Abuse

Still too early to buy, will only monitor for the time being

hng33

20,338 posts

Posted by hng33 > 2017-08-29 09:26 | Report Abuse

Whatever Q2 result had deliver, it have pass. Look forward for CERTAIN soar in profit, strongest Q3 result ahead due historical gasoline crack spread.

Right timing to re-build back stake in portfolio at much cheaper entry cost.

Posted by Activeinvestor > 2017-08-29 09:31 | Report Abuse

Agreed hng33 sifu

adamant

387 posts

Posted by adamant > 2017-08-29 09:36 | Report Abuse

i estimate operator still has another 400k unit to throw. Once the volume hit around 800k then i hope it bottomed out and time to enter.

Posted by weavefinder > 2017-08-29 09:43 | Report Abuse

Adamant, correct cd is not in the money, except after petronm hits 8.50. I dont love Petronm, although it could be somebody's wife, but when seeing the forest from the trees, I dont mind carrying some amount of calculated risk Like I say My personal view for petronm is 12 before 4th quarter report in feb 2018. Cd expires at that time too. There is no inkling of any influence that i wanna extend to anyone here, please.

Posted by lowprofileone > 2017-08-29 10:14 | Report Abuse

If higher sell..................bot yesterday

hng33

20,338 posts

Posted by hng33 > 2017-08-29 10:39 | Report Abuse

Fuel prices tend to rise immediately upon news of higher oil prices, but refineries have often hedged against oil price rises and carry significant inventory. During periods of rising prices, you can see modest increases in refinery profitability due to more valuable inventory and the positive effects of hedges made during low price periods.

The truly good times for refineries come when prices fall. Margins explode because fuel prices will fall much more slowly than crude prices, and refineries delay their product price falls as much as possible in order to maximize profits. This is common on the retail side of fuels as well, where a period of falling prices is often the only time retail fuel stations make better than break even on fuel.

paperplane

21,644 posts

Posted by paperplane > 2017-08-29 10:42 | Report Abuse

HNG, this time we can make friends. since you on board to PEtronM, we welcome u

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