You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

4.31

Today's Change

-0.01 (0.23%)

Day's Change

4.27 - 4.35

Trading Volume

49,500


10 people like this.

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

amet2017

3,150 posts

Posted by amet2017 > 2018-02-23 16:29 | Report Abuse

tekanan menjual..harga dilonjak naik secara artificial

Posted by elainesong > 2018-02-23 16:32 | Report Abuse

Sold all

UncleMau

211 posts

Posted by UncleMau > 2018-02-23 16:35 | Report Abuse

Wow, rebound !!

Lee Yih Yeong

1,771 posts

Posted by Lee Yih Yeong > 2018-02-23 16:35 | Report Abuse

hold and accumulate.

amet2017

3,150 posts

Posted by amet2017 > 2018-02-23 16:37 | Report Abuse

ditekan menjual pada hari isnin, yang membeli harga 12 dan keatas

happy888

518 posts

Posted by happy888 > 2018-02-23 16:48 | Report Abuse

Told u all petronm ada curse.
Tutup screen come back 2 months later you will be surprised with the price.
Itu saja cerita dia. Jangan fikir banyak.

UncleMau

211 posts

Posted by UncleMau > 2018-02-23 16:52 | Report Abuse

Haha

perterpan

68 posts

Posted by perterpan > 2018-02-23 18:22 | Report Abuse

Not easy to play this counter. I only wanted to buy low now

mamatede

3,950 posts

Posted by mamatede > 2018-02-23 19:29 | Report Abuse

dropping crude price is not healthy for petronm, because their stock is bought at a higher price and again are we late in the bull cycle already?

Stockhunter85

1,006 posts

Posted by Stockhunter85 > 2018-02-23 20:25 | Report Abuse

The trend has changed for petronm. US and OPEC will try to maintain old price btw 65 -70usd. I think petron go downhill in 2018 untill the planned upgraded completed. The prospect has changed after oil price surged up. The best strategy is sell now and collect back cheap after the planned ungrade completed

ingram

11 posts

Posted by ingram > 2018-02-23 20:36 | Report Abuse

petronm peak is over.

pjflower

319 posts

Posted by pjflower > 2018-02-23 20:48 | Report Abuse

next round is HengYuan show.

perterpan

68 posts

Posted by perterpan > 2018-02-23 20:57 | Report Abuse

Petronm will be up and surge again but just have to be patient

ingram

11 posts

Posted by ingram > 2018-02-23 21:06 | Report Abuse

use what to go up? next quarter even more challenging for petronm.

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-02-23 21:48 | Report Abuse

No catalyst to go up.. beter sell now

amet2017

3,150 posts

Posted by amet2017 > 2018-02-23 21:49 | Report Abuse

Bursa sudah tutup lah. Bagaimana mahu jual sekarang

Kawkaw

858 posts

Posted by Kawkaw > 2018-02-23 22:04 | Report Abuse

Dont sell..petron needs fresh air n take time to digest such report.
Nothing can be done over night...even embryo devolopment needs time..
Invest in petronm will not let you down..trust mee mamak...

Halite

8,633 posts

Posted by Halite > 2018-02-23 22:46 | Report Abuse

31-Dec-2017 NP=405,173 ROE=26.80% EPS=150.10 DPS=25.00 YoY= 70.56%
31-Dec-2016 NP=237,551 ROE=20.41% EPS= 87.98 DPS=22.00 YoY=7.25%
31-Dec-2015 NP=221,483 ROE=22.47% EPS= 81.70 DPS=20.00 YoY= 446.24%

What is so bad?

stockraider

31,556 posts

Posted by stockraider > 2018-02-23 22:47 | Report Abuse

Yes hang on loh...Petron is much better than Petdag loh..!!

Halite

8,633 posts

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

Those who are new in the forum
You must stand firm with your believe
Do not be misled or confused by some good intention people
Petronm is high price stock, not many are willing to pay a big amount of money but get just a few lots of shares only
Take for example, the amount you pay for 10 lots of petronm is enough for you to buy 400 lots of PTRANS
If you are not prepared to hold for sometime , it is better for you not to touch

Halite

8,633 posts

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

I do not know what catalyst you are talking about


trulyinvest: No catalyst to go up.. beter sell now
23/02/2018 21:48

Halite

8,633 posts

Posted by Halite > 2018-02-23 23:15 | Report Abuse

How do you know?

But the result has shown continuous 5 quarters consistent earning around 40 cents



ingram : use what to go up? next quarter even more challenging for petronm.
23/02/2018 21:06

Halite

8,633 posts

Posted by Halite > 2018-02-23 23:18 | Report Abuse

If you still have petronm shares going to sell, please go ahead, nobody stop you
But i believe many sifu here are willing to pay a good price to buy from you

UncleMau

211 posts

Posted by UncleMau > 2018-02-24 06:55 | Report Abuse

Still not able to collect more below 11

Alright raise it higher to above 11 to see can get some first

KESMMD

4 posts

Posted by KESMMD > 2018-02-24 09:30 | Report Abuse

Continue adding is the best strategy to average down. Will add more as the pe has turned attractive due to price weakness for this strong net cash company with dividend.

Halite

8,633 posts

Posted by Halite > 2018-02-24 09:52 | Report Abuse

Now my cost is 12. Will not hesitate to bring it down to 11 when it hit my next buy signal
Execute your plan well, then you will gain more than you want. Shares trading is a game that needs a lot of patience to succeed. The success formula is simple
SUCCESS = GREAT COMPANY + PATIENCE
Petronm is undeniably a great company to invest for investment success

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-02-24 10:01 | Report Abuse

Ppl dun wan consistent earnings.. consistent esrning means no growth.. then share px wil stagnant

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-02-24 10:01 | Report Abuse

Ppl wan exponential earnings

Halite

8,633 posts

Posted by Halite > 2018-02-24 10:10 | Report Abuse

Look at the recent QR, even with a big margin squeeze, EPS still able to maintain well around 40 cents, comparable to Petdag which is currently trading at 25. I believe very soon it will become a next target of sailang of my good friends OTB and Stockraider.
Some people may argue that this quarter earning is maintained by land divestment. It is non operational profit, but do not forget 560 lots of land is definitely no more to be considered a traditional non operational profit but a big value creation

Halite

8,633 posts

Posted by Halite > 2018-02-24 10:18 | Report Abuse

Only shortsighted investors don't want consistent earning with a forward PE of 4 or less.
Why i said forward PE 4 or less?
I don't think you can understand if I am willing to explain

Halite

8,633 posts

Posted by Halite > 2018-02-24 10:26 | Report Abuse

A short sighted people talking about exponential earning. Do you not see it queer.

Halite

8,633 posts

Posted by Halite > 2018-02-24 10:30 | Report Abuse

Thank you for your well wishing demusang,
With this well wishing during chinese new year I believe can donate more for charity next year.

ingram

11 posts

Posted by ingram > 2018-02-24 10:46 | Report Abuse

Halite,

- based on current trend margin compression is here to stay.
- next quarter petronm need to get at least 108 mil net profit for YoY improvement.
- current year earning is boasted with one-off gain.
- uncertainty with its capital funding for massive expansion. right issue? stop dividend?
- mandatory plant shutdown

Above are the factors which make me feel uncomfortable to put money in petronm at current price. Maybe it is just me.

Halite

8,633 posts

Posted by Halite > 2018-02-24 11:07 | Report Abuse

ingram Halite,

- based on current trend margin compression is here to stay.

THEN HENGYUAN WILL SUFFER MOST

- next quarter petronm need to get at least 108 mil net profit for YoY improvement.

THE COMPANY PERFORMANCE HAS PROVEN THAT. YoY earning has improved consistently

- current year earning is boasted with one-off gain.
BUT AN UNDENIABLE BIG VALUE CREATION

- uncertainty with its capital funding for massive expansion. right issue? stop dividend?
EXPANSION FOR GROWTH NOT FOR KILLING YOURSELF

- mandatory plant shutdown
THEN HENGYUAN INVESTORS WILL FUCK YOU



Above are the factors which make me feel uncomfortable to put money in petronm at current price. Maybe it is just me.

THAT IS WHY YOU CAN NOT AFFORD TO DONATE TO CHARITY WITH YOUR SMALL GAIN

pjseow

2,264 posts

Posted by pjseow > 2018-02-24 11:24 | Report Abuse

Petron eps for 2015 , 2016.amd 2017 were
82 sen , 90 sen and 150.sen
Arent such eps growth rate considered exponential?
Petron has also achieved net cash status in 2017.
It also rewarded shareholders with 2.2 % dividend yield.
With yesterday price , the PE is less than 8 .

Halite

8,633 posts

Posted by Halite > 2018-02-24 11:28 | Report Abuse

That is right.
What is so uncomfortable to park your money here
No borrowing, hundred million of free cash plus dividend better than the bank saving account

stockraider

31,556 posts

Posted by stockraider > 2018-02-24 11:30 |

Post removed.Why?

Halite

8,633 posts

Posted by Halite > 2018-02-24 11:30 | Report Abuse

If your exponential growth is buy today @12 and able to sell tomorrow @ 20
Then it is totally a different story

Halite

8,633 posts

Posted by Halite > 2018-02-24 11:53 | Report Abuse

Posted by stockraider > Feb 24, 2018 11:30 AM | Report Abuse

raider hate to attack brother Petron,

Halite also hate to attack brother Hengyuan but to clear the misconception about margin compresdion of refinery raised by our friend

pjseow

2,264 posts

Posted by pjseow > 2018-02-24 11:53 | Report Abuse

If you compare petron eps growth with cyclical semincon stock Kesmi which had eps of 36 s , 71 s and 102 s for 2015, 2016 and 2017 , petron earnings were relatively higher . Besides Kesmi DY is less than 1 %. Petron retailed earnings are much more stBle tham Kesmi

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-02-24 11:59 | Report Abuse

2018 petron eps can achieve rm2?. Beter think properly

pjseow

2,264 posts

Posted by pjseow > 2018-02-24 12:01 | Report Abuse

The propoaed rm 14 billion investment will enabled petron to have SUPER EXPONENTIAL EPS GROWTH to RM 2.4 billion.per year. This is 6x the current yearly earning. On one hand some investors worry about huge capital spending , on other hand some investors worry about no earning growth.
There is no free lunch. Can someone ask Tomy Fernandes not to spend billions buying new planes and expect him to deliver exponential growth.

Halite

8,633 posts

Posted by Halite > 2018-02-24 12:01 | Report Abuse

Halite also hate to disagree with brother stockraider but to clear the misconception about the expansion to bring the company to the next higher level of growth

Aseng sifu : Before the food is cooked , it is always too early to tell how it taste.

My good brother stockraider, sincerely hope that you stop the habit making conclusion too early

ingram

11 posts

Posted by ingram > 2018-02-24 12:06 | Report Abuse

The problem here is petronm need to spend 14 billion into refinery for growth? I thought petronm investor like retailing business? You have no objection company is spending 3x of market cap into refinery?

ingram

11 posts

Posted by ingram > 2018-02-24 12:13 | Report Abuse

it is like nestle's investors feeling happy if nestle suddenly announce it will allocate multi billion dollar into property business..

stockraider

31,556 posts

Posted by stockraider > 2018-02-24 12:13 | Report Abuse

INVESTMENT IS ALWAYS FWD LOOKING LOH....!!

RAIDER HOPE PETRON MAKE THE RIGHT DECISION TO EXPAND BIG MAH...!!

RIGHT NOW PETRON INVESTORS ARE NERVOUS LOH...!!

IF WITHOUT THIS BIG EXPANSION IN REFINERY, THE FAIR VALUE OF PETRON IS RM 15.00 LOH....!!

Posted by Halite > Feb 24, 2018 12:01 PM | Report Abuse

Halite also hate to disagree with brother stockraider but to clear the misconception about the expansion to bring the company to the next higher level of growth

Aseng sifu : Before the food is cooked , it is always too early to tell how it taste.

My good brother stockraider, sincerely hope that you stop the habit making conclusion too early

Halite

8,633 posts

Posted by Halite > 2018-02-24 12:16 | Report Abuse

Ingram,

It is difficult to to make the Malaysian to believe that winter is freezing cold

Halite

8,633 posts

Posted by Halite > 2018-02-24 12:18 | Report Abuse

Trueinvest,

How to play the game if you like to fix the rule first

Halite

8,633 posts

Posted by Halite > 2018-02-24 12:23 | Report Abuse

Ingram,
I do not think there is any right thinking person willing to spend 14B to kill himself.
Do you think so?

Halite

8,633 posts

Posted by Halite > 2018-02-24 12:29 | Report Abuse

So far the details 14B expansion plan is not published yet.
How do you know they can't spend the money smarter than you have thought
Do not make conclusion too early. You are misleading others and proving yourself wrong later

Post a Comment
Market Buzz