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Last Price

4.23

Today's Change

-0.02 (0.47%)

Day's Change

4.23 - 4.30

Trading Volume

5,000


10 people like this.

19,332 comment(s). Last comment by Johnchew5 4 days ago

oldeagle

39 posts

Posted by oldeagle > 2018-01-29 22:25 | Report Abuse

Sold most of my Public Bank and Maybank, switching to Petronm with right timing

Posted by phankheefei > 2018-01-30 02:34 | Report Abuse

Before closing,hy dropped, worry that today petronm and hy continue drop, my profit for this month left a few hundred only

Posted by Mohd Fahmi Bin Jaes > 2018-01-30 07:00 |

Post removed.Why?

lekchai

16 posts

Posted by lekchai > 2018-01-30 10:33 | Report Abuse

Luckily catch some at low morning

angmo

126 posts

Posted by angmo > 2018-01-30 10:41 | Report Abuse

Chance to add with some huge profits from sumatec and UMWOG earlier

Posted by chickenputih > 2018-01-30 11:17 | Report Abuse

lagging ..

Posted by phankheefei > 2018-01-30 12:36 | Report Abuse

drop agn before break

wongck

134 posts

Posted by wongck > 2018-01-30 14:53 | Report Abuse

Bursa closed for 2 days

perterpan

68 posts

Posted by perterpan > 2018-01-30 15:10 | Report Abuse

Excellent q4 result out in Feb

Posted by Activeinvestor > 2018-01-30 22:08 | Report Abuse

Sellers and buyers gap often very wide..................must be the IBs trying to trick the weak holders to flush them out

perterpan

68 posts

Posted by perterpan > 2018-01-31 10:20 | Report Abuse

yewyin33 All investors should go to my blog to read my latest article " Useful knowledge for investors"

Perhaps you click this link below to read

http://klse.i3investor.com/blogs/koonyewyinblog/

Koon Yew Yin
31/01/2018 08:27

Posted by bobthevalueman > 2018-01-31 13:53 | Report Abuse

what happened to the strong petron supporters? regardless of thin volume or not, if there are strong support there will always be buyers.

Posted by phankheefei > 2018-01-31 16:16 | Report Abuse

This few week ,most of the ow counter dropped.most of the ppl invest in other counter
Hope that February,petronm will fly

Posted by phankheefei > 2018-01-31 16:19 | Report Abuse

Anyone knows about the exactly quarter report out date?

Ricky123

64 posts

Posted by Ricky123 > 2018-01-31 22:39 | Report Abuse

Enjoy your cny day 1 and 2 and 3 first than u will be greeted by good result

Posted by phankheefei > 2018-02-01 03:27 | Report Abuse

Day 4 out?

Posted by Mohd Fahmi Bin Jaes > 2018-02-01 06:21 | Report Abuse

No

mamatede

3,950 posts

Posted by mamatede > 2018-02-01 10:57 | Report Abuse

Hopefully HY issue dont affect Petronm

feimah

908 posts

Posted by feimah > 2018-02-01 11:19 | Report Abuse

@mama what issue wor?

pitbull

1,438 posts

Posted by pitbull > 2018-02-01 14:53 | Report Abuse

DIVIDEND issue??

perterpan

68 posts

Posted by perterpan > 2018-02-01 16:40 | Report Abuse

Tissue ada

Aboveall

119 posts

Posted by Aboveall > 2018-02-02 01:18 | Report Abuse

Hengyuan is not issue only, its tai zi tuah tiaw oh !!!! No hurry to buy petron now, its going to be dragged down again by HY !! If jaks also sell down, dont buy hy n petron first..wait after cny .....

Posted by chickenputih > 2018-02-02 09:11 | Report Abuse

i am still seeing some buyers shaking after bought the counter .. hahahaha ...

mzm81

118 posts

Posted by mzm81 > 2018-02-02 12:49 | Report Abuse

just bought for long term ...

Posted by phankheefei > 2018-02-02 13:09 | Report Abuse

Why relate petronm and hy withjaks?

Posted by Shahrizal Sukri > 2018-02-02 15:14 | Report Abuse

Petron will do better on next week. See better movement today. This should continue after strong resistance. I keep collecting...

Posted by chickenputih > 2018-02-02 16:39 | Report Abuse

lets close above 1190 .. go go go ..

shen_en86

58 posts

Posted by shen_en86 > 2018-02-02 19:47 | Report Abuse

Next week 13... Come on petronm

perterpan

68 posts

Posted by perterpan > 2018-02-02 21:05 | Report Abuse

Here I come

Posted by phankheefei > 2018-02-02 23:22 | Report Abuse

Hopefully can bck to 13 next week

Posted by phankheefei > 2018-02-02 23:52 | Report Abuse

I think oil price stable at68

Halite

8,633 posts

Posted by Halite > 2018-02-04 19:07 | Report Abuse

I find this piece of homework a bit careless and inaccurate

http://klse.i3investor.com/servlets/cube/iamxuewen.jsp


Why?

1. How is the 14B fund is used, any detail announcement from the company yet ?
what happen if only part of it is used for refinery , the rest is used for retailing ,petrochemical and other, then your calculation and comparison are wrong.


2. This sentence is very misleading.
Futureeye: "....Perhaps, the above may also answer what could be the fair valuation of Hengyuan, RM 14 Billion?"

why ?

if all the 14B is dump into refinery, then how do you know Petronm 14B new plant has the same efficiency as Hengyuan which costs less than 2B, any data to support you claim . do not tell me the chinaman can do magic


3. The article indirectly implies that Hengyuan is a better buy than Petronm .

This is not right .

Hengyuan has only refinery , no land , no petrol stattion , no petrochemical
Petronm has refinery, 560 petrol stations, petrol chemical and land asset

no value investor will think a high risk business like hengyuan where its earning rely heavily on crack spread and God so that there is less maintenance plant shut down and mishap ,is better than a well integrated business like Petronm

4. management efficiency
Petronm management has already proven its ability to reward the shareholders with handsome dividend , to bring
the company to net cash status with zero borrowing from the billion borrowing at the time of acquisition and now
a mega expansion plan to upgrade the company to the next level growth

what about hengyuan?
nothing, current huge borrowing of 1.3B + a new borrowing of 1.7B for upgrading
any dividend ? nothing ! but EPS RM3.6
what about Petronm? paid 22 cents dividend with the EPS less than 1.60

perterpan

68 posts

Posted by perterpan > 2018-02-04 21:57 | Report Abuse

Halite is a good debater.........with deep insight too

Aboveall

119 posts

Posted by Aboveall > 2018-02-04 22:45 | Report Abuse

Hy basically got NO foreign funds other than china owner. Its a very speculative counter which control by few big speculative individuals, most of them using margin, very lightly few of them might run on monday......if old fox also run then hy might free fall again on monday !!! Its all depend on jaks, if jak falls, he got to dump hy again to rescue jaks !!!!

Aboveall

119 posts

Posted by Aboveall > 2018-02-05 09:06 | Report Abuse

As I say dont go in first bcos petron got very high foreign funds holding, they might clear the shares .....moreover hy likely crashing anytime..!

UncleMau

211 posts

Posted by UncleMau > 2018-02-05 09:33 | Report Abuse

Waiting to catch at lower

Halite

8,633 posts

Posted by Halite > 2018-02-05 09:51 | Report Abuse

Petronm is a good stock to invest, chosen based on you own stock pick criteria
no such thing as cut loss
Do nothing to your portfolio while others are running on hot plate is always a right move. Your portfolio are your best picks that satisfy your stocks pick criteria, so there is no reason to panic while others panic
Why they are panic?
1. They are using margin to trade, they got no choice but to cut loss
2. Sell and buy back later. This is TA not FA play, ask yourself honestly, how many of you buy back later. Many a time end up into an even worse stock or come back with an even higher price. This is a poor man mentally. Behave like a poor man you can't get rich.
What is best to do then?
Just watch do nothing now, buy more at a cheaper price, then you have a lower tp to realise your gain. I gained more than 50% last year with a tp of 30%. I also made more than 90% gain in hengyuan last year with a tp of 20%.. I am not telling you I am pandai, I am just sharing with you a strategy that had helped me earned more than I want to.

Halite

8,633 posts

Posted by Halite > 2018-02-05 10:26 | Report Abuse

Now still early of the year 2018
Why worry you can't make more than you want for 2018
Aim to gain your pocket money for 2019 before you aim high for 2018, when there is money in your pocket to live the way you want to live for 2018, then running on hot plate is other people game not your game. So, the key word is DO NOT BE Greedy, you can never make enough but you should know enough

Halite

8,633 posts

Posted by Halite > 2018-02-05 10:38 | Report Abuse

I have just bought a small piece of land to plant some fruits, there are mustang King, red prawn and black thorn. Can't make big money with this project. So just hope to share my success and joys with my friends who come to visit me

oldeagle

39 posts

Posted by oldeagle > 2018-02-05 10:52 | Report Abuse

Halite, how can I visit you ??

Halite

8,633 posts

Posted by Halite > 2018-02-05 10:54 | Report Abuse

Just 185k shares traded
No panic sell
Margin traders cut loss

Halite

8,633 posts

Posted by Halite > 2018-02-05 10:55 | Report Abuse

Waiting is not an easy job

Halite

8,633 posts

Posted by Halite > 2018-02-05 11:15 | Report Abuse

I am waiting to collect at 11 to bring down my cost to 12. Next entry is 10 to make it 11. That is good enough. No more buy because the quota for 2018 is full.
Plan well and follow your plan strictly. If win then eat 2 bowls of rice, if lose, then eat 1 bowl.
Do not feel frustrated when you lose. You have already won so many times, lose a few time is fair enough and reasonable. A person can't grow smarter and more successful if he has not fail before

Halite

8,633 posts

Posted by Halite > 2018-02-05 11:19 | Report Abuse

No hope to buy cheap today
Better go to my plantation to walk walk see see
Bye-bye

Halite

8,633 posts

Posted by Halite > 2018-02-05 11:19 | Report Abuse

No hope to buy cheap today
Better go to my plantation to walk walk see see
Bye-bye

pitbull

1,438 posts

Posted by pitbull > 2018-02-05 12:44 | Report Abuse

Halite where your farm? I want eat DURIAN

Halite

8,633 posts

Posted by Halite > 2018-02-05 13:58 | Report Abuse

oldeagle and pitbull,
You are most welcome to my farm
I can't serve you durian from my farm.
Durian not planted yet
But I can buy durian from other people farm to serve you

Halite

8,633 posts

Posted by Halite > 2018-02-05 14:09 | Report Abuse

If you are not going to sell or buy, then it is better to talk about durian. It makes everybody so happy.

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