Posted by Halite > 2018-01-18 12:14 | Report Abuse

If your logic is right
Then all the construction companies need not have to get more contracts
All manufacturing do not have to build more factories
Since all need more money for expansion

Posted by shidayea > 2018-01-18 12:33 | Report Abuse

Wohoaaa tremendously dropppp...

Posted by Petronm RM18.50 > 2018-01-18 13:41 | Report Abuse

Got drop so much until 10 ??

Time to sapu some for next result in feb guess wont go wrong very far

Posted by kkteng70 > 2018-01-18 14:44 | Report Abuse

Sometime, there is not login for equity, If banker cabut , you better cabut ! Look at furniture, how are they perform.

Posted by GICSpore > 2018-01-18 14:48 | Report Abuse

It is normal to feel frustrated under this situation. But still Petronm has its own intrinsic value which is still hidden and yet to be uncovered.

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

Surprise buying power ahead in end of the month ??

Posted by hoh13 > 2018-01-18 15:29 | Report Abuse

knife falling,what happen to refinery?

Posted by sheldon > 2018-01-18 16:24 | Report Abuse

There's a saying that "markets can stay wrong longer than you can remain liquid" so hang in

Posted by tradeup2020 > 2018-01-18 16:25 | Report Abuse

Petdag so steady, whatsup w Petron and HY?

Posted by George Leong > 2018-01-18 16:52 | Report Abuse

With such volatility, only 1 million shares transacted. Most are holding on to their shares for Q4FY17 result in February.

Posted by UncleMau > 2018-01-18 16:58 | Report Abuse

Yes, volume is not heavy

Posted by pjseow > 2018-01-18 16:59 | Report Abuse

mamatede , I bought another 20 lots just 20 minutes ago at 11.11 . I have
60 lots now .

Posted by UncleMau > 2018-01-18 17:05 | Report Abuse

Wow, another rich one !!

Posted by pjseow > 2018-01-18 17:13 | Report Abuse

Uncle Mau , I sold my HY early early at 17.00 and switched to Petronm
because I cannot sleep when HY drop from 19,20 to 16.10 within one day .
Mana tau , Petron also roller coaster but not like HY swing everyone upside down . If I still hold HY , I kena heart attack liao .

Posted by UncleMau > 2018-01-18 17:16 | Report Abuse

Now I recalled yoiu mentioned that you came to Petronm from HY..............haha right move

Posted by joeshare > 2018-01-18 17:24 | Report Abuse

i think will drop more. my personal opinion both petroj and hy oversold due to good promoters. now with petron upgrade, china oil dump the potemtial of growth is losing its appeal. for me the risk and reward dont justify the price. a single digit price is my tp.

Posted by Bluemoon888888 > 2018-01-18 17:25 | Report Abuse

I travel around whole malaysia .I m doing sales , what I see is every where got new Petron stations so ...if u r real invester now start to collect step by step .u will get large reward finally.

Posted by pjseow > 2018-01-18 17:26 | Report Abuse

Ya , I did mentioned I switched to Petronm a week ago when HY price was still around RM 17 . I am glad I sold all HY shares 2 weeks ago . I did explain why I liked Petronm . We just had to be patient .

Posted by Bluemoon888888 > 2018-01-18 17:28 | Report Abuse

Petron considered over throw but hy not yet .

Posted by Bluemoon888888 > 2018-01-18 17:49 | Report Abuse

Cash cow company .Sure can sleep top up to wait for next qrt & div also.

Posted by Kesley Tan > 2018-01-18 17:54 | Report Abuse

my concern is they might perform right issue to raise fund for the upgrade

Posted by UncleMau > 2018-01-18 17:56 | Report Abuse

No rights issue, management knows what to do to take care of shreholders.

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

Nothing wrong with petronm
Just a normal market reaction
It is hengyuan house on fire
Petronm house also feeling hot.. ..
Forget it lah....
Very soon
You will sing
Petronm petronm I love you

Posted by Halite > 2018-01-18 19:03 | Report Abuse

Petronm already very kind to us
We want tp 12 last yesr
She gave you 14
This year you want 18
Now just beginning of the year
Why do anxious to claim your angpow

Posted by Halite > 2018-01-18 19:08 | Report Abuse

It want to fall let it fall lah...
You are not going to sell
Still live the same life
Why make you life do difficult
18 is achievable but not now
Why dance with the price up and down

Posted by pjseow > 2018-01-18 19:13 | Report Abuse

The difference between HY and Petronm share price is less than RM 1 now .
At one point HY lead Petronm by as much as RM 4 .I think Petronm share price will be higher than HY very soon when more and more peoples realised that Petronm had a " sure make money " retailed business like PetDag. The APM pricing determined by the government is a sure win business irrespevtive of crude oil price and crack spreads .

Posted by Halite > 2018-01-18 19:15 | Report Abuse

My advice

Always put aside a good enough amount as your pocket money for 2018
Then you are less stressful to see the struggling hird to you preset target. It may take 1 month 2 months 3 months...
No money in the pocket how to be not stressful when the ptice drops 80 cents today

Posted by cashcow35 > 2018-01-18 19:20 | Report Abuse

price now drop lower than price when Q3 result announced. good opportunity perhaps.

Posted by Halite > 2018-01-18 19:22 | Report Abuse

Pjseow,

You are right

We want safe earning not magical earning

Petronm earning is safe because the retailing business is sure income

If you don't believe, ask your friend who is the petrol station operator in klang Valley not some area the vehicle cannot access

Posted by Halite > 2018-01-18 19:28 | Report Abuse

Now our friends over there are singing why? Why? Why?
We are here singing lai, lai, lai...

Posted by cybergreen > 2018-01-18 19:40 | Report Abuse

Today drop more haha. Tmr sell more

Posted by Newmaster > 2018-01-18 19:47 | Report Abuse

Aseng gor is always the best

Posted by Newmaster > 2018-01-18 19:50 | Report Abuse

I'm ready to enter again if come down again, overdone already for this good company

Posted by Halite > 2018-01-18 20:18 | Report Abuse

Neemaster,

We survived unscathed because we share the same belief safe earning is better than magical earning.

Posted by George Leong > 2018-01-18 20:41 | Report Abuse

Petron is a net cash company of rm113m, clearing off most debts in Q3FY17. I expect Petron cash level to rise to rm250-300m, and increase its net cash position to rm200m.

Posted by pjseow > 2018-01-18 21:03 | Report Abuse

APM pricing consists of

Cost of Refined PRoducts ( MOPS)
Alpha
Retailer Margin ( 5 sen for gasoline and 2.25 sen for Diesel)
Dealer margin
Operational Cost
Sales tax

Petronm Stations will make about 2 to 3 % margin from the sales . Assuming 10 billion sales per year . A margin of 2 to 3 % is already RM 200m to 300 m . The operational costs are fixed by the goverment ,If PEtronm can do some cost savings , they can also make some money from there . With 270 million shares . THis earning is about 80 s to RM 1 per share per year . Half of the stations also has convenience stores " Treats ". This part of the business is the same as PetDag. Assuming an eps of 80s for this business . If a PE of 16 is given to this business alone , it is already RM 12.80 . This exclude the refinery business . This year eps is expected to be RM 1.60 due to record earning from Refinery business . The analysts gave target prices between 14.60 to 16.50 by using both PER ( 12.5 ) method and DCF method .

Posted by ocpd > 2018-01-18 21:47 | Report Abuse

>> Why not you sell all your shares bought at 5 since you feel so screwed everyday

Sorry only you feel screwed becoz i already sold 80% between RM13-RM15, hahaha

Posted by ocpd > 2018-01-18 21:48 | Report Abuse

All the sheep please follow Halite your shepherd and buy more petronm and buy even more rights issue, don't not question your Lord!

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

a pitiful young man....
If you are pandai, why explain

Petronm is definitely a good buy
If people want to sell us cheap what wrong to buy more

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

average more Tmr, pls sell more

Posted by ocpd > 2018-01-18 22:13 | Report Abuse

I think even my remaining 20% is worth more than your 100% hahaha ... i made over RM1 mil profit last year from the stock markets alone! All because i don't stop questioning, haha!!

Posted by mamatede > 2018-01-18 22:42 | Report Abuse

https://www.reuters.com/article/us-opec-oil/opec-sees-more-oil-supply-from-rivals-countering-its-cuts-and-venezuelan-woes-idUSKBN1F71HL

Posted by mamatede > 2018-01-18 22:54 | Report Abuse

So everyone rejoice when oil price up... what happen if oil price going down soon????? You see opec is loosing market share with tight oil... think they will sit and wait meh... gonna start waiver liao their commitment... Saudi gonna try to hold on until Aramco finished ipo... then kaboom

Posted by Halite > 2018-01-18 23:15 | Report Abuse

You are very pandai
Congratulations that you had made million profit last year.
I believe.

Posted by Bluemoon888888 > 2018-01-18 23:25 | Report Abuse

People make billion no sound . Someone see people die he laugh . So what he want from here ?To show to people he is smarter than others.That type we call what ? Alien ? ET ?

Posted by Bluemoon888888 > 2018-01-18 23:54 | Report Abuse

Up 300++ what use ??? U think it going to up ,it's going to down .May be us down 200 ,our market up up to the sky .who know ??

Posted by Newmaster > 2018-01-19 00:10 | Report Abuse

Just know needed to buy more if drop more to wait for dividend

Posted by Bluemoon888888 > 2018-01-19 00:17 | Report Abuse

Petron cannot be bellow 10 even hy drop bellow 10 ! So 10.0 to 11 is very good price to enter if u r investor but not gambler .

Posted by brightsmart > 2018-01-19 00:20 | Report Abuse

Petron people more down to earth compared to Hengyuan people.

Posted by Bluemoon888888 > 2018-01-19 00:40 | Report Abuse

Hy gambler now may be on top kl tower .Petron people just bising around .No drop where got chance?