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Last Price

4.34

Today's Change

+0.03 (0.70%)

Day's Change

4.34 - 4.35

Trading Volume

3,300


10 people like this.

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

newtrend

134 posts

Posted by newtrend > 2018-02-06 16:42 | Report Abuse

kikiki

oldkuku

32 posts

Posted by oldkuku > 2018-02-06 16:43 | Report Abuse

Can someone tell me how to squeeze investment banks balls ??

oldkuku

32 posts

Posted by oldkuku > 2018-02-06 17:01 | Report Abuse

halite, pls tell me

pitbull

1,438 posts

Posted by pitbull > 2018-02-06 17:25 | Report Abuse

CHEER Everyone...hope tonight Dow Jones can fly up

Posted by George Leong > 2018-02-06 19:47 | Report Abuse

Hey guys, mogus 92 is back at high levels at $9, and mogus 95 is trading at high levels too, at $80. It's coming!

pjseow

2,264 posts

Posted by pjseow > 2018-02-06 20:45 | Report Abuse

Many Petronm investors seems to be worried about the RM 14 billion investments which tends to make Petronm in serious debts . Oil Refinery is a capital intensive business just like Airlines which needs to invest heavily in new planes when it expands . In 2016, Airasia had RM 11 billion debts and churning out eps of about 60 sen to 70 sen per year for 2016 and 2017 respectively. THe current PE of Airasia is about 8 ( very similar to Petronm ) . There are at least 10 analysts who recommended a buy for Airasia with the latest from Public research at RM 5.40 , DBS at RM 4.80 and Macqureine at RM 6.30 . THere gave a target PE of about 10 . If Petronm invest 14 billion and has an estimated earning before tax of RM 2.4 billion ( US 600 million) , the eps after tax is at least RM 6 per year . A PE of 5 will give Petronm share price at RM 30 .

angmo

126 posts

Posted by angmo > 2018-02-06 21:16 | Report Abuse

pjseow, wow another good sharing

Tq

Awet91

1,934 posts

Posted by Awet91 > 2018-02-07 07:39 | Report Abuse

Rebound

oldkuku

32 posts

Posted by oldkuku > 2018-02-07 09:13 | Report Abuse

99.5% of holders are strong ones from now onwards

newtrend

134 posts

Posted by newtrend > 2018-02-07 09:20 | Report Abuse

kikiki strong rebound hold hold hold

Halite

8,633 posts

Posted by Halite > 2018-02-07 09:23 | Report Abuse

A right attitude is more important than anything

Halite

8,633 posts

Posted by Halite > 2018-02-07 09:24 | Report Abuse

Success = great company + patience

Halite

8,633 posts

Posted by Halite > 2018-02-07 09:30 | Report Abuse

You have chosen a right company to park your money. But you believe what other said than what you yourself believe. Then your success or failure is determined by others not you yourself

Halite

8,633 posts

Posted by Halite > 2018-02-07 09:32 | Report Abuse

It better to lose money by your own wrong decision than to lose money because you follow blindly what others said

Halite

8,633 posts

Posted by Halite > 2018-02-07 09:35 | Report Abuse

Do not be greedy, always keep some pocket money in your pocket , then you are not panic when others are panicking

Halite

8,633 posts

Posted by Halite > 2018-02-07 09:38 | Report Abuse

Better to earn slowly and surely than to panic now and then. You may make big money sometime but you will lose money most of the times.

Halite

8,633 posts

Posted by Halite > 2018-02-07 09:51 | Report Abuse

Do not believe those sifu who said expansion is no good. Including David and future eye because because they are not business man. Quarter results will prove them wrong 9 times and right 1 times, slightly better than belief 4 ekor.

BORROW MONEY TO BUY SHARES IS DEFINITELY NO GOOD FOR YOU AND ME
BORROW MONEY TO EXPAND THE BUSINESS TO BRING IN MORE EARNING THAN THE COST OF OPERATION IS GOOD.

I am very disappointed with them. They are too careless, did not do their homework well.

Halite

8,633 posts

Posted by Halite > 2018-02-07 09:55 | Report Abuse

Ask yourself a simple question
Which business manage will do an expansion to kill the good ongoing business?

oldkuku

32 posts

Posted by oldkuku > 2018-02-07 09:57 | Report Abuse

halite, may I ask where is your farm ??

Halite

8,633 posts

Posted by Halite > 2018-02-07 09:59 | Report Abuse

Only stockraider, probability, David and future eye said it is good for Hengyuan bad for Petronm.
They are not wrong, they are telling you to sell petronm and buy hengyuan where they had already sailang all their money

Halite

8,633 posts

Posted by Halite > 2018-02-07 10:10 | Report Abuse

Why the IB do not cover Hengyuan. Write nothing about Hengyuan?
Hengyuan never supply them enough information they want.
Why IB only cover petronm, petronm is a gentleman, whatever you want to know he tell you

Halite

8,633 posts

Posted by Halite > 2018-02-07 10:14 | Report Abuse

Ask yourself a simple question
Where do you get all the information about Hengyuan?
Stockraider and probability!
the rest are just copy cats including kyy

angmo

126 posts

Posted by angmo > 2018-02-07 10:16 | Report Abuse

KYY chicken out

Posted by alanthamkw > 2018-02-07 10:45 | Report Abuse

Most cash strong investors are here to monitor and accumulate this gem !

UncleMau

211 posts

Posted by UncleMau > 2018-02-07 11:26 | Report Abuse

Wanted it to fall, so can consider buy again

Halite

8,633 posts

Posted by Halite > 2018-02-07 11:35 | Report Abuse

never forget the golden rule of cold-eye sifu

"never buy a stock that you do not dare to buy more when the price drops but fundamental is strong"

The fundamental of Petronm is not only strong ,but it is stronger and stronger as it grows. the management has proven this.

1. zero borrowing
2. net cash
3. few hundred millions FCF every year
4. consistent earning every year
5. well integrated business model
6. big expansion plan to bring the company to next high level of growth
7. Excellent corporate governance

where can you find a better company that meet the above criteria in bursa ?

Hengyuan?

the analyst of IB not even dare to mention !!!

Halite

8,633 posts

Posted by Halite > 2018-02-07 11:39 | Report Abuse

panic sell ?

I believe many sifu here are so disappointed could't get it @ RM10 yesterday because you did not sell cheap to them.

Posted by Petronm RM18.50 > 2018-02-07 14:11 | Report Abuse

@ UncleMau, still can drop more ?? Dream long long......................lol

Why ?? EPS for entire 2017 breaking record to above 1.60, wait and see the result just another few more days

my3333

193 posts

Posted by my3333 > 2018-02-07 14:39 | Report Abuse

busy busy hahaha

JPMorgan

33 posts

Posted by JPMorgan > 2018-02-07 15:16 | Report Abuse

We are back here to check for the time being

Posted by chickenputih > 2018-02-07 16:24 | Report Abuse

ppls dont want petron close red .. sui sui sui

Posted by chickenputih > 2018-02-07 16:39 | Report Abuse

wth .. just said it and it direct turn red .. sweat !

sheldon

1,414 posts

Posted by sheldon > 2018-02-07 17:13 | Report Abuse

A lackluster performance but hang in there folks. To quote Herbert Hoover - "prosperity is around the corner". Unfortunately when he said it, it never happened.

Just a little history lesson to divert away from the misery.

Halite

8,633 posts

Posted by Halite > 2018-02-07 18:22 | Report Abuse

Sheldon,

Market is always ahead of time
When one sees it is around the corner
The game is over.
The loser always blames it never happened.

Halite

8,633 posts

Posted by Halite > 2018-02-07 18:32 | Report Abuse

Now we do not see our gain is around the corner
But we see the corner is not far or unreachable
If you play it right, then you win more when you have arrived at your corner

Annetan

852 posts

Posted by Annetan > 2018-02-07 18:35 | Report Abuse

Just be careful as it's moving very far away from it's weekly moving average.It's just observation on my part and I have no interest in this counter

Posted by phankheefei > 2018-02-07 19:20 | Report Abuse

haiz, all my money bought in last two week,now lose a lot+no more money to average down my price.everyday just watch the price keep dropping + don't know need to cut lose o not but now cut lose too late ady

angmo

126 posts

Posted by angmo > 2018-02-07 21:03 | Report Abuse

Not giving up so fast, you will regret end of this mth

Halite

8,633 posts

Posted by Halite > 2018-02-07 21:20 | Report Abuse

Annetan,
Thanks. You are a smart investor.
I strongly believe you will join us some day.

Halite

8,633 posts

Posted by Halite > 2018-02-07 21:22 | Report Abuse

Chart patterns change very fast but fundamental won't change so fast

Posted by phankheefei > 2018-02-08 02:15 | Report Abuse

Tmr will drop a lot,oil price drop deeply

angmo

126 posts

Posted by angmo > 2018-02-08 08:41 | Report Abuse

Buy time

lloydlim

3,967 posts

Posted by lloydlim > 2018-02-08 09:04 | Report Abuse

Hopefully can get at 10.00

JPMorgan

33 posts

Posted by JPMorgan > 2018-02-08 09:29 | Report Abuse

Value investors sideline still and will continue to pay close watch on it

富二代

32 posts

Posted by 富二代 > 2018-02-08 09:49 | Report Abuse

no more real sellers, its up time

sheldon

1,414 posts

Posted by sheldon > 2018-02-08 10:43 | Report Abuse

Who's selling? Is it the margin traders?

富二代

32 posts

Posted by 富二代 > 2018-02-08 10:45 | Report Abuse

Only the IBs

sheldon

1,414 posts

Posted by sheldon > 2018-02-08 11:37 | Report Abuse

If it's IBs, then it's likely that those who play on margin borrowing & contra traders could not meet their financial commitments. Such selling often leads to the price dipping below the fundamental value.

富二代

32 posts

Posted by 富二代 > 2018-02-08 12:05 | Report Abuse

sheldon what meant IBs here are those cws issuers

abn10

358 posts

Posted by abn10 > 2018-02-08 12:42 | Report Abuse

What is IBs and cws stands for?

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