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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

neutrofil

90 posts

Posted by neutrofil > 2018-03-02 15:15 | Report Abuse

Babi lah petron..

Halite

8,633 posts

Posted by Halite > 2018-03-02 15:49 | Report Abuse

if you know me long enough, you will find I was once a strong supporter of both hengyuan and petronm

why I am so confident in petronm though hengyuan show very much higher earning and very much better pe ?

one simple reason :

Excellent corporate governance compliance

Awet91

1,934 posts

Posted by Awet91 > 2018-03-02 16:00 | Report Abuse

Hengyuan drag petron together gg petron

Kang Yoon

83 posts

Posted by Kang Yoon > 2018-03-02 16:13 | Report Abuse

wow who sapu at 10.50

UncleMau

211 posts

Posted by UncleMau > 2018-03-02 16:17 | Report Abuse

Of course

UncleMau

211 posts

Posted by UncleMau > 2018-03-02 16:17 | Report Abuse

Not Me !!!!!

Posted by chickenputih > 2018-03-02 16:21 | Report Abuse

PE 6.97 now .
just wonder how low the PE it can go down ..
wait and see ..

UncleMau

211 posts

Posted by UncleMau > 2018-03-02 16:22 | Report Abuse

IB palying tricks

Halite

8,633 posts

Posted by Halite > 2018-03-02 16:23 | Report Abuse

don't worry, my friend annetan had told you no chart moves in one direction

today come down 20 cents, tomorrow can go up 30 cents

just focus on Petronm,nothing else

i don't believe with all the net cash and steady income we can't win the game at the end

moreover, there is a 25 cents dividend

use this money well, don't just keep in the bank or buy more shares

take you family out for a big makan in one of the biggest restaurant in your town, and tell them loudly, this makan is sponsored by petronm.

thrust me , by the end of the year , you certainly see a good return of your strong faith

current scenario is common to many long time investors , if you ask anyone of them , you will get the same reply as I said earlier

CHEER........

Halite

8,633 posts

Posted by Halite > 2018-03-02 16:30 | Report Abuse

but.... but.....
if you are trading with OPM and your margin is almost full, then very bad .....
you better seriously think about it whether to cut loss or reduce your holding

Kang Yoon

83 posts

Posted by Kang Yoon > 2018-03-02 16:36 | Report Abuse

waiting break out of this descending triangle within next few days

Halite

8,633 posts

Posted by Halite > 2018-03-02 16:37 | Report Abuse

by now you should see something valuable, why some people make money every year, some people don't. you need a strong heart and discipline to make money and you will always make more than you want .

UncleMau

211 posts

Posted by UncleMau > 2018-03-02 16:39 | Report Abuse

Dont play play with IBs too, but SAPU kaw kaw when they press down low low...........lol

UncleMau

211 posts

Posted by UncleMau > 2018-03-02 16:40 | Report Abuse

SM Loke said how can a good company's share price going down few % every day for so many weeks !!

Just simply iilogical but providing a good opportunity to allow a low entry level in BIG way !!

Halite

8,633 posts

Posted by Halite > 2018-03-02 16:40 | Report Abuse

Act like a successful investor,

Aim to WIN

NOT

aim to win the FASTEST or BIGGEST

leave the the biggest and the fastest to others who are more pandai than us

Halite

8,633 posts

Posted by Halite > 2018-03-02 16:43 | Report Abuse

uncle,

who is SM Loke?

UncleMau

211 posts

Posted by UncleMau > 2018-03-02 16:45 | Report Abuse

SN Loke is a chartist and long time stock expert formerly from Nanyang Siang Pau

Halite

8,633 posts

Posted by Halite > 2018-03-02 16:47 | Report Abuse

thanks

Halite

8,633 posts

Posted by Halite > 2018-03-02 16:50 | Report Abuse

now market sentiment not so good
control sikit sikit your buy


the first principle of happy trading
always has money to buy more

RedEagle

3,194 posts

Posted by RedEagle > 2018-03-02 20:21 | Report Abuse

Gain from Petronas will be back to here

traderman

7,854 posts

Posted by traderman > 2018-03-03 09:44 | Report Abuse

sad to say petronm is sibling to hengyuan ... as long as hengyuan continue sink petronm will not up for sure.

RedEagle

3,194 posts

Posted by RedEagle > 2018-03-03 09:59 | Report Abuse

Ok buy after GE

Halite

8,633 posts

Posted by Halite > 2018-03-03 10:04 | Report Abuse

Very soon the market will prove you talking nonsense.
This sort of rubbish comments only the losers are enjoy sharing.
I am wondering why early in the morning you are looking for someone to curse you
Do you think this behaviors can bring you good lucks.
Papa tell you , stop doing foolish thing, this is not correct.
People lose money but you did not gain
It should be
You cannot gain then let others gain

Halite

8,633 posts

Posted by Halite > 2018-03-03 10:14 | Report Abuse

Loser mentalities
1. Greedy
2. Selfish
3. Black hearted

Outcome

Since he satisfied all the criteria to be a begger
Then the saying goes
A true begged can not be rich or live well forever

Halite

8,633 posts

Posted by Halite > 2018-03-03 10:17 | Report Abuse

I am not against opposite view
In fact I most welcome that
But I hate general sweeping statements without logical reasoning to suppory

Halite

8,633 posts

Posted by Halite > 2018-03-03 10:19 | Report Abuse

I like future eye, David and annetan
They talk with reasons

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-03-03 10:20 | Report Abuse

Futureeye kena pancung la... way miss expectation

Halite

8,633 posts

Posted by Halite > 2018-03-03 10:24 | Report Abuse

Kalau tak boleh buat baik
Jangan buat jahat
Sebab
Tak buat jahat it sudah cukup baik

Halite

8,633 posts

Posted by Halite > 2018-03-03 10:43 | Report Abuse

Everybody makes mistakes including you and me.
What a big issue?
Mistakes also a knowledge
We learnt from mistake
We should be thankful to futureeye, for his kindness to share with us and for his hard work.
He is a good man. He can be very successful in his life if he continues to do good to others.

KYY: I help you because I know you will help others

Lee Kar Seng's sifu : I help you because you can help others

Lee Yih Yeong

1,771 posts

Posted by Lee Yih Yeong > 2018-03-03 10:54 | Report Abuse

who can calculate next quarter net profit margin

Halite

8,633 posts

Posted by Halite > 2018-03-03 11:08 | Report Abuse

You can't win big by bad mouthing
You can be very successful if you share with a good intention
Never scare to make mistake. The losers laugh at you, the winner learnt from mistake. Moreover you did not collect any single cent from anybody. What wrong is that? In fact, you are doing a good thing, that will accumulate with time and later turned into an energy to drive you all the way to a more successful life.

Halite

8,633 posts

Posted by Halite > 2018-03-03 11:09 | Report Abuse

Kalau tak boleh buat baik
Jangan buat jahat
Sebab
Tak buat jahat it sudah cukup baik

Halite

8,633 posts

Posted by Halite > 2018-03-03 11:16 | Report Abuse

Winners hear the gospel leap with joys

Losers hear the gospel hide nowhere

Halite

8,633 posts

Posted by Halite > 2018-03-03 11:17 | Report Abuse

We are trading with our mind

If our mind is not right, then our trading can not be right

Halite

8,633 posts

Posted by Halite > 2018-03-03 11:31 | Report Abuse

Petronm has very limited free float.
When all those who want to sell already sold
That is the time, you see a strong rebound.

KYY : movement of a share is determined by supply and demand. When the number of buyers is bigger than the number of seller the price will go up or the other way round

Believe the fundamental of petronm
Believe the market is not stupid though looks stutip.
Believe a true investor will choose Petronm

Very soon a strong rebound will come

newbie911

1,111 posts

Posted by newbie911 > 2018-03-03 11:45 | Report Abuse

Waiting at Rm8 !!!

ivankvs

517 posts

Posted by ivankvs > 2018-03-03 16:12 | Report Abuse

.






Buy . Rebound intake next week






.

Halite

8,633 posts

Posted by Halite > 2018-03-04 08:46 | Report Abuse

I am wondering a simple question. The present market capitalization of petronm is around 2.8B and that of hengyuan is 3.6B
If the proposed 14B expansion is sole for refinery, then why not spend 5B to buy the whole hengyuan. The job is so much easier and cost effective.

Halite

8,633 posts

Posted by Halite > 2018-03-04 08:51 | Report Abuse

Why spend more where you can do it better with a very much cheaper price.
Common sense tell us the 14B expansion must be better than spending less money to buy the entire hengyuan.

Halite

8,633 posts

Posted by Halite > 2018-03-04 09:34 | Report Abuse

Current market capitalization is just 3B, the proposed 14B expansion should create at least 6 times growth.
If not why spend so much. Just spend a few billions and buy all the hengyuan shares from the chinaman, their cost is around 1B. Pay them 2B or 3B, I believe they are happy to bring home this money to build a new refinery with their made in China technology as what David said cheap price but decent quality

Halite

8,633 posts

Posted by Halite > 2018-03-04 09:40 | Report Abuse

This is David reply to Pjseow query



Blog: HENGYUAN Part 8: Valuation, Q4 profit and Q12018 Spread (Davidtslim)

Jan 21, 2018 12:20 PM | Report Abuse

Pjseow: If u compare China Yunnan refinery setup cost and Petronas RAPID cost, their difference also big where China refinery system can be built at much lower cost and still running well. I think there are a lot of made-in-china products which they have decent quality but with much lower price as compared to many other countries. With technology breakthrough, it is possible to produce things that are cheaper and with decent quality.

Halite

8,633 posts

Posted by Halite > 2018-03-04 09:44 | Report Abuse

Yesterday very free nothing to do, flipped through all the old article to refresh myself
Just to avoid unknowingly spreading wrong information all the way.

Zhuge_Liang

2,416 posts

Posted by Zhuge_Liang > 2018-03-04 09:47 | Report Abuse

Posted by Halite > Mar 4, 2018 08:46 AM | Report Abuse

I am wondering a simple question. The present market capitalization of petronm is around 2.8B and that of hengyuan is 3.6B
If the proposed 14B expansion is sole for refinery, then why not spend 5B to buy the whole hengyuan. The job is so much easier and cost effective.

Ans :
Good work.
I agreed with your suggestion.
It is a matter whether Hengyuan is willing to sell at 3.6B.

Halite

8,633 posts

Posted by Halite > 2018-03-04 09:57 | Report Abuse

Why not willing to sell?
You bought 1.90 and now people offer you 24
Do not forget, with your expertise, you can build a new one with a very much lower cost. Isn't it win win.

lizi

1,968 posts

Posted by lizi > 2018-03-04 10:04 | Report Abuse

wow, halite you are so clever....yesterday sleeping suddenly think of it ah?

Halite

8,633 posts

Posted by Halite > 2018-03-04 10:56 | Report Abuse

Hengyuan chinaman spend less than 2B and get 10 times growth. petronm spend 14B, no reason can not get 10 times. Apply david and future eye model of calculation.
14B x 10 = 140B
Number of shares 270m
Then the potential market price of petronm can be 52. But now selling at 10.50,
expensive?
No hope?
Do not think it is absurd.
I just follow our good friends David, future eye, stockraider and probability model of calculation to derive this figure.

Halite

8,633 posts

Posted by Halite > 2018-03-04 11:30 | Report Abuse

My intention of writing this morning is not to prove anybody wrong.

What I actually want to share with you is just an old saying :

DO NOT JUDGE A BOOK BY ITS COVER.

Halite

8,633 posts

Posted by Halite > 2018-03-04 12:07 | Report Abuse

Do not think the management does not see your worries. Can not see the problem David, future eye, stockraider and probability had seen. They love the company more than anyone of us . If there is problem, they should have worried more than anyone of us. If no good, why come out with such stupid proposal.

ocpd

762 posts

Posted by ocpd > 2018-03-04 12:33 | Report Abuse

Simple, no money going into petronm management side pockets if outright buy HY. On the other hands, plenty of hanky panky with rm14 bil construction project!

Halite

8,633 posts

Posted by Halite > 2018-03-04 12:37 | Report Abuse

some of you may say, the expansion is good but i do not like the right issue .

this is not correct.

if the expansion is a great value creation , why not like

if a one off capex can bring life long big return , why not

no pain, no gain

no risk, no hope

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