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Last Price

4.32

Today's Change

+0.01 (0.23%)

Day's Change

4.31 - 4.35

Trading Volume

35,700


10 people like this.

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

sheldon

1,414 posts

Posted by sheldon > 2018-01-19 06:37 | Report Abuse

Wishing all the best for today's trading!

JPMorgan

33 posts

Posted by JPMorgan > 2018-01-19 07:22 | Report Abuse

Good collection level as a result of panic sell. Fundamentals continue to be stronger and net cash position with low pe.

Volume not extraordinary large despite sell down. That means most are holding or wanted to get in instead.

Lee Yih Yeong

1,771 posts

Posted by Lee Yih Yeong > 2018-01-19 08:21 | Report Abuse

the next point is 9.88

Halite

8,633 posts

Posted by Halite > 2018-01-19 09:29 | Report Abuse

Petronm is one of the stocks in my 2018 portfolio. So i have 11 months and 11days to wait for my 18 target.
Wait with plenty of pocket money in the pocket will definitely sleep well every night
I will definitely buy more if my lower bound buy signal is triggered.

Halite

8,633 posts

Posted by Halite > 2018-01-19 09:32 | Report Abuse

I am not greedy when everybody is featful
I am definitely very greedy when my lower bound buy in signal is triggered

mamatede

3,950 posts

Posted by mamatede > 2018-01-19 09:34 | Report Abuse

expected rebound from sharp sell. but is in sustainable. just asking haha

Halite

8,633 posts

Posted by Halite > 2018-01-19 09:36 | Report Abuse

You can not know how the price going to move tomorrow
But you can always have a good plan to execute

Halite

8,633 posts

Posted by Halite > 2018-01-19 09:40 | Report Abuse

Have a good plan to execute, you will not go wrong and know what is right to do when others are running on hot plate do not know what to do

Halite

8,633 posts

Posted by Halite > 2018-01-19 09:43 | Report Abuse

Up you are happy, see more money
Down you no worry making more money later

Halite

8,633 posts

Posted by Halite > 2018-01-19 09:45 | Report Abuse

This is what cold-eye sifu said
"do not buy a stock that you dare not buy more when others want to sell you cheap"

Halite

8,633 posts

Posted by Halite > 2018-01-19 09:56 | Report Abuse

If you do not want to lose money
Never sing the song
Tomorrow could be better
But
Always sing the song
Next year could be better
Then the magic door is opened
You got a bonus
Tomorrow become better as well

pitbull

1,438 posts

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

Halite u very positive..
Good

Awet91

1,934 posts

Posted by Awet91 > 2018-01-19 10:07 | Report Abuse

Kyou did you grab some cw?petronm-cm wont move even mothershare up huuu

hoh13

468 posts

Posted by hoh13 > 2018-01-19 11:00 | Report Abuse

buy Penta,rocket start today !

Kyou

1,225 posts

Posted by Kyou > 2018-01-19 11:31 | Report Abuse

@Awet91..i didnt catch CM , i juz keep add more CJ

WiseEye

1,199 posts

Posted by WiseEye > 2018-01-19 11:39 | Report Abuse

i think petron-cm has been heavily oversold. it's a pretty good buy now with expiry in oct

Posted by George Leong > 2018-01-19 11:40 | Report Abuse

My latest analysis, with some data, hope it helps!

https://klse.i3investor.com/blogs/investmentopportunity/144745.jsp

Datokim

600 posts

Posted by Datokim > 2018-01-19 12:19 | Report Abuse

dont need to read data lah, common sense tell its oversold by panic sellers last few days lah..i dah attack 38 lots from 11.1 to 11.3 going to keep or already park @12.80 kikiki henghuan made 165k in 18 hrs, this one hope to make 60k in t3 kikikik

Kyou

1,225 posts

Posted by Kyou > 2018-01-19 13:03 | Report Abuse

@Awet91 .. which CW u bought ??

pjseow

2,264 posts

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

George Leong , your analysis really helps shareholders of Petron to understand the potential eps better . Your estimation of 161 s for 2017 is realistic . Q4 17 is typically a better quarter . My estimation is slightly higher than 161 s . Let's hope Petronm deliver such result .

Posted by George Leong > 2018-01-19 13:54 | Report Abuse

There are many spread margins to refer, one of them is the one below:

http://www.cmegroup.com/trading/energy/refined-products/singapore-mogas-95-unleaded-platts-swap-futures.html

However, according to the quarterly report, Petron's management used Brent Crude as a base line for comparison, so am merely following their analysis. Feel free to share some of your findings, so we could all learn from each other.

To pjseow: Ya, hope Petron delivers a better result + dividends, to reward us shareholders.

Posted by chickenputih > 2018-01-19 14:01 | Report Abuse

@George Leong , nice ! sincerely need to say thank you ..

Halite

8,633 posts

Posted by Halite > 2018-01-19 14:10 | Report Abuse

George Leong,

Can you kindly explain why nestle and dutchlady with the earning around RM2 but trade at rm100 and rm60

Petronm deserved the PE 16 comparable to Petdag not hengyuan which belong to high risk businesses model

Halite

8,633 posts

Posted by Halite > 2018-01-19 14:13 | Report Abuse

Please kindly enlighten me if i am wrong
I also do not want to miss a high TP good buy

LaiHuatAhh

162 posts

Posted by LaiHuatAhh > 2018-01-19 14:32 | Report Abuse

I guess due to consistency earning (long term), predictable earning, strong consumer brand, consistent div payout... big fund big kaki love this.... if u have millions of money would you park your money at nestle or hengyuan?

pjseow

2,264 posts

Posted by pjseow > 2018-01-19 14:35 | Report Abuse

Nestle and PetDag has never lose money in the past 20 years . Although more than half of Petron earnings comes from Retail which is similar to PetDag , Petron do have the refinery business which have more volatile earnings . In fact Petron lose money in both 2013 and 2014 contributed mainly by the refinery . In view of the high capital expenditure ( 14 billion ) announced by Petron to upgrade and expand its capacity to 178kbpd , in my opinion it is better for Petronm Malaysia to sell off its refinery to a new company which focus 100 % in Refinery . Petronm can focus 100 % on its retail and distribution business exactly like PEtDag while owning a certain percentage of the new refinery business from the fair valuation of its refinery assets " sold " to the new refinery company . The new company can be owned and funded mainly by the parent company with some other partnership from China or with new public issues . WIth such restructuring ,then Petronm can be valued with a higher PE ( 20 to 25 ?) similar to PEtDag .

mamatede

3,950 posts

Posted by mamatede > 2018-01-19 14:38 | Report Abuse

Petronm rivaling those of PetDag which is monopoly whole of Malaysia's O&G.. im dreaming..ya right

Posted by GreatWarrants > 2018-01-19 14:38 | Report Abuse

PETRONM CM THE NEXT HENGYUAN CO

Kesley Tan

2,082 posts

Posted by Kesley Tan > 2018-01-19 14:45 | Report Abuse

manage to grab some petron at 11.3 today.

LaiHuatAhh

162 posts

Posted by LaiHuatAhh > 2018-01-19 14:53 | Report Abuse

@pjseow, from what I understand from the management, they want to go "both" way 100%, hence upgrading the refinery (178kbpd capacity) + expanding/build more petrol station (volume game)... imagine that....

Posted by Activeinvestor > 2018-01-19 15:00 | Report Abuse

Whack Petronm-CM fresh from oven today....................only 9s !!!!!!!!

Halite

8,633 posts

Posted by Halite > 2018-01-19 15:02 | Report Abuse

Talk about business risk, a good combination of both refinery and retailing is better than a sigle business activity may it be reatiling or refinery alone.
Talk about profit optimization, it is still a good combibation of both retailing and refinery is better than a single activity alone in a normal business conditions. Not the boom or the doom period. In view of this i feel petronm deserves a higher pe valuation of at least 16

Halite

8,633 posts

Posted by Halite > 2018-01-19 15:09 | Report Abuse

Put it in a more comprehensive language
In shares trading we can sailang to make more or diversified to gain less. Which one do you choose. Of the one which more people prefer will have more demand

LaiHuatAhh

162 posts

Posted by LaiHuatAhh > 2018-01-19 15:10 | Report Abuse

I have a lot to learn from your wisdom aseng gor....

Datokim

600 posts

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

this market dah a bit out of control, i changed plan all 38 lots throw to 12.1 make 34 k in 5hr !!!kikiki

Kyou

1,225 posts

Posted by Kyou > 2018-01-19 15:41 | Report Abuse

luckily load more CJ when drop..XD ...

Awet91

1,934 posts

Posted by Awet91 > 2018-01-19 15:49 | Report Abuse

Lucky you kyou,i load cm today hehe average 0.065 hahaha wait 0.2

Awet91

1,934 posts

Posted by Awet91 > 2018-01-19 15:50 | Report Abuse

Huaan collect and hengyuan-co 0.05 huuu

Davidl

1,816 posts

Posted by Davidl > 2018-01-19 15:55 | Report Abuse

Time to accumulate again!

mamatede

3,950 posts

Posted by mamatede > 2018-01-19 15:56 | Report Abuse

What a nice rally ... lolz...

Awet91

1,934 posts

Posted by Awet91 > 2018-01-19 16:07 | Report Abuse

Reallly make us millionre haahha how many round like this.i think this is 4 time.down2 and up again then down again huhu

Datokim

600 posts

Posted by Datokim > 2018-01-19 16:07 | Report Abuse

alamak !!! betul betul makan sampai 13 !!! pui no more share pui pui pui !!!

Kyou

1,225 posts

Posted by Kyou > 2018-01-19 16:08 | Report Abuse

wow.. great Awet91 , if u collect early morning HY-CO when it drop ..now more huat @@
huat like pig head liao

ocpd

762 posts

Posted by ocpd > 2018-01-19 16:14 | Report Abuse

@Datokim ... why cabut so fast? There goes your RM30k ... faster enter again, tomorrow confirm will close at RM15 then you will make RM100k in 2 days!

mamatede

3,950 posts

Posted by mamatede > 2018-01-19 16:15 | Report Abuse

Nice intraday haha, a kaki of mine use margin, already earn 500k in one day .. very nice.. very nice

apolloang

18,163 posts

Posted by apolloang > 2018-01-19 16:17 | Report Abuse

can u tell me how he earn 500k in 1 day?

Awet91

1,934 posts

Posted by Awet91 > 2018-01-19 16:19 | Report Abuse

I buy few lots only this time.hope next week continue uptrend.you also fat2 now collect cj at lower really huat if touch 0.3 again hehe

ocpd

762 posts

Posted by ocpd > 2018-01-19 16:21 | Report Abuse

Not bad, it took me whole last year to make RM1 mil, and your friend make RM500k in 1 day ... hmmm, RM500,000 x 365 days = RM182 mil!! He will be Malaysia's richest man soon!

apolloang

18,163 posts

Posted by apolloang > 2018-01-19 16:25 | Report Abuse

grand mother story ar? u better say u are the one kena 69 mil toto....hahaha

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