Posted by Halite > 2018-01-17 16:47 | Report Abuse

Petronm and Petdag are the same category of business

market PE is 16 currently

with expected earning of around 160 cents
that the expected market price can be RM 25

so there is still a potential of 100% gain with the current price

of course , i also hope Hengyuan will do equally well, because we want to win-win

Posted by cybergreen > 2018-01-17 21:01 | Report Abuse

Today is good time to buy!

Posted by ocpd > 2018-01-17 23:39 | Report Abuse

I love Petronm, but i'm a bit worry about its RM14 billion expansion plan, that is 4x its current market cap. I wonder where it will get the funding? If it is through rights issues, we're screwed!

Posted by kevinobc > 2018-01-17 23:57 | Report Abuse

http://www.foxbusiness.com/markets/2018/01/17/could-president-trump-cause-oil-prices-to-top-80-barrel.html

Posted by kevinobc > 2018-01-18 00:07 | Report Abuse

PETRON - easily up TP rm17

Posted by kevinobc > 2018-01-18 00:10 | Report Abuse

http://www.msn.com/en-my/news/national/petrol-prices-up-4-sen-diesel-unchanged/ar-AAuNMnT?li=AA570g&ocid=ientp

Posted by kevinobc > 2018-01-18 00:11 | Report Abuse

https://www.thestar.com.my/news/nation/2018/01/17/fuel-price-jan-18-to-jan-24/


PETALING JAYA: Petrol prices from Jan 18 to Jan 24 will go up by four sen per litre, but diesel prices remain the same.

RON95 will be priced at RM2.30 per litre while RON97 will retail at RM2.57 per litre.

Meanwhile, the price of diesel remains unchanged at RM2.32 per litre.

The new prices were announced on RTM1 on Wednesday evening and will take effect from 12.01am on Jan 18.

The weekly fuel pricing mechanism came into effect in April last year and the prices of petrol and diesel was been placed on a managed monthly float system from Dec 1, 2014 following the removal of fuel subsidies.

Posted by kevinobc > 2018-01-18 00:12 | Report Abuse

https://www.ndtv.com/business/diesel-prices-rise-to-record-high-petrol-at-over-three-year-peak-1800499

india too , price up

Posted by cybergreen > 2018-01-18 01:35 | Report Abuse

Tmr can gogogo !

Posted by Mohd Fahmi Bin Jaes > 2018-01-18 02:06 | Report Abuse

No

Posted by Halite > 2018-01-18 08:58 | Report Abuse

Do not worry about the the 14b expansion
Do not be misled by my good friends in hengyuan
The management had proven themselves can do a good job
They won't kill themselves to let you worry and and they are not worry
Do not forget they have more sharrs than us
Common sense tell us they should worry more than us if they do something we can worry

Posted by ocpd > 2018-01-18 09:15 | Report Abuse

How they get the rm14 bil funding? Thats a huge sum, better be careful.

Posted by ttluck > 2018-01-18 09:37 | Report Abuse

ohhh...kena trap dy.....haiz....suddenly down so much...

Posted by sheldon > 2018-01-18 09:40 | Report Abuse

14b expansion is indeed a risk of which 2 types come into mind - i.e. operational risk in the possibility that the project may be mired with problems and constrained liquidity and free cash flow.

Posted by sheldon > 2018-01-18 09:54 | Report Abuse

PetDag is up whilst Petron is down is odd.

I surmise that Petron's highly erratic price movements is linked to the pile of structured warrants issued by the investment banks. It raises the age-old question - does the cash market lead the warrants or vice versa.

With so much more "bang-for-the-money" in structured warrants, I can imagine big players swinging the mother shares to profit from the warrants.

Posted by mamatede > 2018-01-18 09:59 | Report Abuse

@pkseow, please buy more since it drop below your rm12 de, no need talked about warren buffet because you are not him.

Posted by mamatede > 2018-01-18 10:00 | Report Abuse

when oil price keep going up, the answer is the future of electrification

Posted by LeeFoundation > 2018-01-18 10:03 | Report Abuse

Happy to see this level again for a strong FCF company under competent management.

Collecting more since opportunity surfaced.

Posted by JokerT > 2018-01-18 10:06 | Report Abuse

Heng Yuan CJ will up 10-20% today.... already collect 10,000 unit hehe

Posted by Halite > 2018-01-18 10:26 | Report Abuse

Ocpd,

This sort of question you should ask in the agm , not here
Nobody can answer your question if you do not believe the management can do a good job

Posted by mamatede > 2018-01-18 10:26 | Report Abuse

please buy more and support our local refinary.

Posted by LeeFoundation > 2018-01-18 10:28 | Report Abuse

Not likely to be rights issue, just for your info

Posted by Halite > 2018-01-18 10:32 | Report Abuse

Noone will put your money with the management that he does not trust if he is not new here
why all the china man counter are selling so cheap here

Posted by Halite > 2018-01-18 10:36 | Report Abuse

You must learn to think less
Any worry leave it to the management
Because we trust them can do a good job
And practically we can't do anything because we are sleeping partners

Posted by ocpd > 2018-01-18 10:37 | Report Abuse

We're not sheep, so questioning in a forum is reasonable! Haha, why are you so jumpy? Alright you lost a lot of money i know!

Posted by ocpd > 2018-01-18 10:38 | Report Abuse

Why no rights issue? Ramon already said gonna be split between equity (rights issue) and loan to fund the new plan.

Posted by George Leong > 2018-01-18 10:43 | Report Abuse

I am topping up Petron, as its not a pure refinery play, plus this year it should have 600 petrol stations (from 580).

Posted by Mohd Fahmi Bin Jaes > 2018-01-18 10:50 |

Post removed.Why?

Posted by Bizfuneng > 2018-01-18 10:51 | Report Abuse

Go ahead to top up if you think you got the fundamentals right. Mr Market is unpredictable and hv no concern provided you sure your homework is accurate enuf. You are a few brave ones remain.

Posted by Halite > 2018-01-18 10:54 | Report Abuse

Ocpd,

Did i not say the right thing
Why personal attack?

Posted by MayBee > 2018-01-18 10:55 | Report Abuse

Buying more Petronm here now

Posted by Halite > 2018-01-18 10:55 | Report Abuse

If you have no money to buy then do stop stop others to buy a good stock cheap

Posted by Halite > 2018-01-18 11:09 | Report Abuse

Halite 12 ringgit a piece not many can afford
When you can not afford a banglow then you will said the compund is so big difficult to manage
You will say the loan is too huge, no way to repay
But people still live well in the banglow and not poorer later

Posted by Halite > 2018-01-18 11:11 | Report Abuse

If you can't make money here, then do not cheap sale yourself here

Posted by moneyJohn > 2018-01-18 11:15 | Report Abuse

Mari back here to play play for good reasons

Posted by ocpd > 2018-01-18 11:22 | Report Abuse

No money? Sold most at RM14 - RM15 ... now got plenty money sitting on sideline! Unlike you, kena trapped, muahahaha

Posted by UncleMau > 2018-01-18 11:23 | Report Abuse

Hehe, this operator real stupid too sometimes. For no reason push down Petron juz to match HY drop. Of course many value investors with strong cash like me will quietly enter to catch more Petronm since the price is over bashed down liao

Posted by ocpd > 2018-01-18 11:26 | Report Abuse

BTW, check my history, i bought most of my petronm around RM5.00 ... how much is yours?

Posted by Halite > 2018-01-18 11:30 | Report Abuse

So what?
Do you want me to praise you pandai?

Posted by UncleMau > 2018-01-18 11:38 | Report Abuse

yalor, so wht ?

Posted by ocpd > 2018-01-18 11:39 | Report Abuse

No need to praise me, just don't ridicule me for no money and can't afford petronm ... in fact i just topup a bit at RM11.30 ...

Posted by UncleMau > 2018-01-18 11:41 | Report Abuse

Good

Posted by ocpd > 2018-01-18 11:42 | Report Abuse

i think it is reasonable to question where petronm gets its RM14 billion funding! I can tell you if rights issue then you're all screwed ... so be realistic!

Posted by Davidl > 2018-01-18 11:48 | Report Abuse

Faster come down to 10 lah! I'm waiting to reenter.

Posted by UncleMau > 2018-01-18 11:50 | Report Abuse

Wait long long lor

Posted by Halite > 2018-01-18 12:03 | Report Abuse

Why not you sell all your shares bought at 5 since you feel so screwed everyday
Still good profit mah...
We don't mind the right issues with free warrants since it is earning accretive
Look at umwog, after right issue to repay the borrowing, the price move up 100%
So right is not necessary a bad thing, especially it is used to improve earning

Learnt?

Posted by UncleMau > 2018-01-18 12:05 | Report Abuse

Yes sir learnt

Posted by Halite > 2018-01-18 12:06 | Report Abuse

If a compamy can not do expansion to improve its earning
Then what the hell we still dumb dumb hold.
What are we waiting for since it is already so big so small

Posted by UncleMau > 2018-01-18 12:07 | Report Abuse

Good one again

Posted by Halite > 2018-01-18 12:10 | Report Abuse

You have misunderstood my good friends stockraider and probability, they are using this to prove the value of hengyuan. They did not say it is value destroying

Learnt?