Posted by Kyou > 2018-02-22 18:29 | Report Abuse

For the full FY17, Petron’s net profit surged by 70.6% to RM405.2 million, from RM237.6 million the previous year.

Posted by BZ > 2018-02-22 18:30 | Report Abuse

The guy talking nuts about company belonging to mahathir's son

Posted by stockraider > 2018-02-22 18:31 | Report Abuse

What u can ask further from petron leh ??

EPS Rm 1.50 PE 8x loh....!!

Consider Phillip 66 PE 22x, China Petroleum PE 11.7x and PETDAG PE 16x..thus Petron at PE 8x still consider undervalue loh...!!

Posted by apolloang > Feb 22, 2018 06:22 PM | Report Abuse

good? tomoro u see......hehe

Posted by GICSpore > Feb 22, 2018 06:22 PM | Report Abuse

Ha, only stockraider can see well with fair view
Posted by Tlyong0124 > Feb 22, 2018 06:14 PM | Report Abuse

Lol at these jokers trying to input false information and fear into the public. In what c*ck sense your brain works? How is the share price going down lollllll

RAIDER SAYS;
REMEMBER THIS PIECE OF POSITIVE NEWS LOH...!!

HIGHER VOLUME 10% MORE...!!

CULMULATIVE PROFIT OR EPS UP STAGGERING 70% INCREASING FROM EPS RM 0.88 IN 2016 TO RM 1.50 IN 2017 LOH...!!

STRONG BALANCE SHEET WITH NO DEBTS.

PAYS DIV RM 0.25 PER SHARE LOH...!!

KUALA LUMPUR (Feb 22): Petron Malaysia Refining & Marketing Bhd’s net profit fell 11.6% to RM99.6 million in the fourth quarter ended Dec 31, 2017 (4QFY17), from RM112.6 million a year ago.

As a result, earnings per share came in lower at 36.9 sen, compared with 41.7 sen a year earlier.

This was despite revenue rising 23.6% to RM2.83 billion, from RM2.29 billion in 4QFY16, largely due to higher oil prices and growth in sales volume.

It also declared a final dividend of 25 sen per share, amounting to RM67.5 million for the financial year ended Dec 31, 2017 (FY17), subject to shareholders’ approval at the forthcoming annual general meeting.

In a filing with Bursa Malaysia, Petron said total sales volume reached 9.1 million barrels in 4QFY17, a 10% increase from 8.3 million barrels a year earlier.

For the full FY17, Petron’s net profit surged by 70.6% to RM405.2 million, from RM237.6 million the previous year.

Posted by Jon Choivo > 2018-02-22 18:32 | Report Abuse

I don't see a problem with the result tbh. Quite happy with it.

Posted by Bluemoon888888 > 2018-02-22 18:37 | Report Abuse

Appolloang take note I challenge u here .if tomorrow petronm down more than 60cent ,I will disappear from here .If the closing price is more higher than $11.4 please go away from this here .Don't come here to talk duku rambutan but actually want to buy friend crab ok.

Posted by Bluemoon888888 > 2018-02-22 18:41 | Report Abuse

Maybe some sochai want sochai result like buy car but hope for the car fly to sky & also can dive to water also loh !

Posted by GICSpore > 2018-02-22 18:43 | Report Abuse

Hard for a share giving out 25 cent dividend to go down far, it just does not make sense. Will top up much more if really down. Those waiting very low will have to wait for us to wipe out all sellers first before you could get your buy orders done.

Posted by Bluemoon888888 > 2018-02-22 18:46 | Report Abuse

Also some guy don't know come from which planet say that Petronm is Mahathir son company. Sochai also come here to bla bla bla .

Posted by Bluemoon888888 > 2018-02-22 18:50 | Report Abuse

Price will stay at this level .Not much different untill Public bank give out target price again .

Posted by wklee9113 > 2018-02-22 19:02 | Report Abuse

You all need to think carefully if petron belong to Mahatir son why our Pm keep quiet.

Posted by wklee9113 > 2018-02-22 19:02 | Report Abuse

It just belonging to Filipino

Posted by valuecollect > 2018-02-22 19:13 | Report Abuse

The sohai or sochai are just here to show how stupid and shallow their thinking is......let them be, lol

Posted by naik23 > 2018-02-22 19:29 | Report Abuse

Long term very good, can top up again....up up up

Posted by FutureEyes > 2018-02-22 19:32 | Report Abuse

Please find my latest article on hengyuan:

http://klse.i3investor.com/servlets/forum/600148234.jsp

Posted by MrPandaMan > 2018-02-22 19:50 | Report Abuse

Thanks FutureEyes, appreciate of your hardwork.

Yes. Business model of Petron is much more simpler than HY.

A net cash company with no debt and giving 25 cents as dividend. This is consider very good.

In my opinion, the share price of Petronm right now is still undervalue.

Try to look on 2017 overall performance.

70% rose of Net income as compared to FY 2016.
36% rose of Revenue as compared to FY 2016.

Revenue breaks 3 year new high.
Dividend given also break new high.

Did the share price break new high yet?

My Target Price would be RM13.5 giving PE 9 for PetronM.

Posted by Mcilroy2 > 2018-02-22 19:59 | Report Abuse

Anybody knows when is the agm?

Posted by lincm86 > 2018-02-22 20:11 | Report Abuse

AGM usually Mid June, dividend after agm with approval. AGM gift (suction mug with lid) was provided last year held at Mandarin Oriental Kuala Lumpur.

Please attend agm to meet with the staff and management to know how your business is managed. You'll be please and feel at ease.

Posted by Tlyong0124 > 2018-02-22 20:22 | Report Abuse

In short, OnG sector is very bullish. Enough commenting I'm out from here, too many jokers around asking people to sell this sell that this drop that drop.

Hope life treats you well.

Posted by Nyama > 2018-02-22 21:11 |

Post removed.Why?

Posted by Mohd Fahmi Bin Jaes > 2018-02-22 21:18 | Report Abuse

Tp 13.50

Posted by zoizai > 2018-02-22 21:40 | Report Abuse

Disappointing dividend.

Posted by RedEagle > 2018-02-22 21:46 | Report Abuse

12.00----13.50----11.50----14.20

Posted by RedEagle > 2018-02-22 21:50 | Report Abuse

12.00----11.50----14.20----13.50

Posted by RedEagle > 2018-02-22 21:50 | Report Abuse

12.00----14.20---13.50----11.50

Posted by mamatede > 2018-02-22 21:51 | Report Abuse

dividend 0.25, current price thats 2%.. better keep in bank

Posted by RedEagle > 2018-02-22 21:51 | Report Abuse

12.00----11.50----11.00----10.50

Posted by Stockhunter85 > 2018-02-22 21:54 | Report Abuse

QoQ and YoY profit also drop ...how will mr market react tomorrow?

Posted by RedEagle > 2018-02-22 22:01 | Report Abuse

YoY drop?

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

Three cheers for blue moon!

Posted by stockraider > 2018-02-22 22:22 | Report Abuse

Posted by stockraider > Feb 22, 2018 10:21 PM | Report Abuse X

just mark GEneral Raider words....tomorrow Petron going up...not down loh.....!!

Posted by trulyinvest > Feb 22, 2018 10:20 PM | Report Abuse

Totaly agree,with halite.. speculator quickily come out to give this kind of comparison to minimise,the,sell down of hrc tomorow due,to the efect of petronm

Posted by lizi > 2018-02-22 22:36 | Report Abuse

FUYOH, HAVE TO SALUTE GENERAL RAIDER.....ALL UP UP UP...ALL HAPPY HAPPY....HUAT AH....

Posted by trulyinvest > 2018-02-22 22:54 | Report Abuse

Qoq drop, yoy oso drop..

Posted by imlearning > 2018-02-22 22:54 | Report Abuse

0.25 dividend consider good lor!

Posted by sheldon > 2018-02-22 23:42 | Report Abuse

If the PE is equivalent to Pet Dag i.e. about 26, then Petron should trade at RM39. That will make me a nice tidy sum!

Posted by sheldon > 2018-02-22 23:50 | Report Abuse

Wow, wow, wow!!!! - Petron has repaid ALL their borrowings - mmmm delicious!

Posted by sheldon > 2018-02-23 00:08 | Report Abuse

With Capital Redemption Reserve of RM8m becoming a part of share capital as required by Cos Act, a bonus issue of 1 for every 17 may be in the offing.

Posted by Halite > 2018-02-23 00:41 | Report Abuse

You look at the EPS but FM looks at the 25 cents dividend
Price is not dtermined by EPS but determined by FM
Ikan bilis can't bring any changes but the strong fund can

Posted by mamatede > 2018-02-23 00:51 | Report Abuse

how to compare petronm with petchem leh? they own so many downstream plants plus petdag is their brother which own so many retail stores.

Posted by Halite > 2018-02-23 00:51 | Report Abuse

Not many company in bursa can pay you 25 cents dividend and better and better dividend every year. If this 25 cents at the cost of RM12 can't make you slivating what else can be more appealing to you

Posted by mamatede > 2018-02-23 00:56 | Report Abuse

@halite open you eye bigger and find. I believe you can find.

Posted by mamatede > 2018-02-23 01:04 | Report Abuse

even liihen can easily give 6% and cash free, go and buy that ?

Posted by Halite > 2018-02-23 01:17 | Report Abuse

Result is within expectation
But the 25 cents is a big new year angpow
and we see 3 years continual improvement

Posted by trulyinvest > 2018-02-23 06:28 | Report Abuse

Edgenta beter div yield than petronm

Posted by SimonTeh > 2018-02-23 06:51 | Report Abuse

Boom boom today with good eps above rm1 for the first time plus higher dividend

Posted by Good_stock > 2018-02-23 06:55 | Report Abuse

Profit saw 70% jump to exceed 400 mil !

Good job Petronm

Posted by HIBISCUS SaiLang with TP RM4 > 2018-02-23 07:26 | Report Abuse

Cash increase, profit increase yoy, dividen increase, tp rm18

Posted by happy888 > 2018-02-23 07:54 | Report Abuse

Petronm ada curse lah. Everytime after good or bad qtr 100% will drop first for 1week to 2weeks. Dun put hope but dun be dampened by price movement. Tayor

Posted by Kawkaw > 2018-02-23 08:03 | Report Abuse

Happy88..look like you just involved in share....n new in this market...you dont know to analysis data..seat down quitely ma...you dont own..dont talk..you will happy44

Posted by happy888 > 2018-02-23 08:07 | Report Abuse

Kawkaw... look back at price history. Petronm result is good and i doubt u can analyse it any better than me. I dun own petron but ada HY. Not badmouthing petronm but just dropping by to see sibling share of HY. Dun be a sour grape lah.

Posted by RedEagle > 2018-02-23 08:30 | Report Abuse

Good result current year vs Bad result quarter