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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

Halite

8,633 posts

Posted by Halite > 2018-03-08 10:50 | Report Abuse

hengyuan is also one of my favourite buy .

I went to the forum yesterday, more quarreling , personal attack than talking

Posted by investers > 2018-03-08 10:56 | Report Abuse

how about petronm i3 forumer update latest new build petron fuel station/convert from shell petro station to petronm.
i see shell convert to petron at kupang, pengkalan hulu.
new build at highway near tapah, and new build at tg gemok.
retail volume will very significant next year

Halite

8,633 posts

Posted by Halite > 2018-03-08 11:04 | Report Abuse

I am more confident in petronm than hengyuan because I strong believe the management is good. I like the well integrated business model. i still strongly believe market will not abandon a good stock. hoping the management can come out with a brilliant expansion plan that can bring changes to the whole scenario

Halite

8,633 posts

Posted by Halite > 2018-03-08 11:06 | Report Abuse

I also interested to know how strong is the retail business contribute to the group revenue, anyone here can tell me where can I get the figure

Posted by investers > 2018-03-08 11:09 | Report Abuse

halite, i see petronm going aggressive expansion on the retail follow by the refinery that support the retail segment.

Halite

8,633 posts

Posted by Halite > 2018-03-08 11:16 | Report Abuse

i like to hear this.

Kesley Tan

2,082 posts

Posted by Kesley Tan > 2018-03-08 11:35 | Report Abuse

any update on the expansion plan?

john0909

219 posts

Posted by john0909 > 2018-03-08 11:37 | Report Abuse

dear seng gor, regards to the expansion plan, in my humble opinion, I'm pretty sure that they can come out with a good plan to execute it... well... after all, they are holding 73% share in this company, bet they would cautiously evaluate all the possible plans before decide things... well if they made the wrong call... who would be suffer most u think? if it would to worry, they should be more worried and concerned than us... they said many times already that petron corp (mother company) see Malaysia market is a good growth prospect to boost their earning for their Philippines company... petron has a very good background experience especially in this industry... they know more about the details than anyone of us... they know what they are doing, it shown, no need to me explain more... petronm is part of the refinery biz, in this industry the volatility is high fluctuation, this is the major concern for all the shareholders whether is small or big shareholders, hence the management making (still on-going such effort) their effort to "stabilize" their earning to make it more in a consistent way yet improving if possible (or "allowed")... they are trying their best on this... some ppl need to understand this effort as it is not easy to do this to maintain the earning consistently... unavoidable, some ppl do not appreciate the effort of the management for doing this... personally I think this is something to be commendable for the management...

this is just my 2 cents opinion only... cheers everyone

Halite

8,633 posts

Posted by Halite > 2018-03-08 12:00 | Report Abuse

the performance of the company tells everything , do not be lazy, see the year to year results yourself for the previous few years . the management is indeed very efficient and doing a good job

they are holding more than 70% of the share , now the market capitalization of the company is less than 2.5B , who is so stupid to spend a 14B to kill himself. this amount is more than 6 times current worth, so it is reasonable to say the growth it will bring about if not proportionally 6 times then it also can be at least a 3 or 4 times .
no right thinking man will believe the management can not see the problem you have seen, the worry you worry. I strong believe this is a GOOD NEWS.

I want to share with a good saying of a successful man. whether he is good or bad there is something to learn.


KYY: When there is good news, investors rush in to buy the stock until it is overpriced. When there is bad news, shareholders rush to dump their holdings as if there is no more tomorrow.

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-03-08 12:13 | Report Abuse

sorhai halite, trap at high px... now sour grape ppl took profit... makan tahi la

Posted by alanthamkw > 2018-03-08 13:02 | Report Abuse

Stock: [HENGYUAN]: HENGYUAN REFINING CO BHD

Mar 8, 2018 11:32 AM | Report Abuse

Posted by Halite > Mar 8, 2018 11:28 AM | Report Abuse

OTB sifu,

any advice for me about Petronm

Ans :
I still prefer Hengyuan.
I do recommend Petronm to my clients.
Petronm is cheap < 10.00.

Thank you.
Ooi

Firsthand

115 posts

Posted by Firsthand > 2018-03-08 14:33 | Report Abuse

eventually Petronm will move higher than Hengyuan !!!

Halite

8,633 posts

Posted by Halite > 2018-03-08 15:00 | Report Abuse

You must be smart to read my good friend comment.
The trading of petronm is illiquid, may not be good for big group but good for you because any good news can move the price strongly.

Halite

8,633 posts

Posted by Halite > 2018-03-08 15:06 | Report Abuse

A successful chinese businessman always say, it is easy to build a career, it is more difficult to keep it well for life. Look at the performance of petronm, the management has proven that they can. Petronm boleh.
Good news to be announced soon
Ini kali lah we make millions

paperplane

21,644 posts

Posted by paperplane > 2018-03-08 15:10 | Report Abuse

wwo,petronm higher price than HY.

john0909

219 posts

Posted by john0909 > 2018-03-08 15:17 | Report Abuse

sentimental still quite bad now... what the price showing now doesn't reflect anything yet (of coz can close green at least something positive)... when price up, don't happy too early first... when price down, don't be too sad either... no matter how, stay positive and remember to back to basic always (company fundamental)... personally my journey on petronm is still a long way to go... don't overly focus on the share price fluctuation... life still have many other things to do beside stock market... chill out....

Firsthand

115 posts

Posted by Firsthand > 2018-03-08 15:17 | Report Abuse

was told a local unit trust fund engine start today to accumulate 2 million petronm.

angmo

126 posts

Posted by angmo > 2018-03-08 15:18 | Report Abuse

KYY will come in here BIG for long term as earnings growth is much steady and predictable.

chandra54

115 posts

Posted by chandra54 > 2018-03-08 15:49 | Report Abuse

Equanamity is the mantra!

Halite

8,633 posts

Posted by Halite > 2018-03-08 16:11 | Report Abuse

Wise man : Hope is being able to see that there is light despite all of the darkness.

秦梦瑶

188 posts

Posted by 秦梦瑶 > 2018-03-08 16:16 | Report Abuse

金三胖你还好吧? 有没想念姐?

金正恩

76 posts

Posted by 金正恩 > 2018-03-08 16:19 | Report Abuse

秦梦瑶美女, 真有想念妳 !
你还好吧 ??

金正恩

76 posts

Posted by 金正恩 > 2018-03-08 16:21 | Report Abuse

还没倒下 ?? 哈哈

GT

162 posts

Posted by GT > 2018-03-08 16:23 | Report Abuse

dai gor paperplane was once with this above average looking lady who less emo... tapi later then saw a very hot and sexy but quite a emo lady, then he followed this hot and sexy lady and dump this above average looking lady le

秦梦瑶

188 posts

Posted by 秦梦瑶 > 2018-03-08 16:24 | Report Abuse

姐春节长胖了 :-) 现在有空打算重新开车了

秦梦瑶

188 posts

Posted by 秦梦瑶 > 2018-03-08 16:25 | Report Abuse

但就是不买3042

金正恩

76 posts

Posted by 金正恩 > 2018-03-08 16:26 | Report Abuse

来吧 !

金正恩

76 posts

Posted by 金正恩 > 2018-03-08 16:29 | Report Abuse

:(

shidayea

841 posts

Posted by shidayea > 2018-03-08 16:29 | Report Abuse

Yabedubedu...soooo happy

金正恩

76 posts

Posted by 金正恩 > 2018-03-08 16:29 | Report Abuse

哈哈

Firsthand

115 posts

Posted by Firsthand > 2018-03-08 16:35 | Report Abuse

petrol taikor will be Petronm, no more hengyuan !!

AliCafe

81 posts

Posted by AliCafe > 2018-03-08 16:37 | Report Abuse

pump2

Firsthand

115 posts

Posted by Firsthand > 2018-03-08 16:45 | Report Abuse

tomorrow 2 more funds engine start buying also !!!

Wen Jun

542 posts

Posted by Wen Jun > 2018-03-08 17:00 | Report Abuse

Congraz guys, successfully intraday trade again hehe

mamafarah

97 posts

Posted by mamafarah > 2018-03-08 17:42 | Report Abuse

Beli merah..jual also merah

pjseow

2,264 posts

Posted by pjseow > 2018-03-08 19:29 | Report Abuse

Petronm prices are higher than HengYuan now . I am accumulating .
Buy on weakness .

apolloang

18,163 posts

Posted by apolloang > 2018-03-08 21:35 | Report Abuse

nowdays many retailers makan pun tak ada,proton is enuff cannot afford Mercedes....hahaha

Posted by JohnVinson > 2018-03-08 22:34 | Report Abuse

I would like to share my opinion for Petron Malaysia. The most valuable assets of Petron Malaysia is the Petrol Station. There are more than 580 stations nationwide. The petrol station is the Cash Cow for the Petron Malaysia. If we compare with Petronas Dagangan they have more than 1000 station. This mean that Petron Malaysia still have plenty of room to expand their petrol station.

The share price of Petronas Dagangan in year 2000. The highest was 4.70 and the lowest was 3.90 per share. Now the share price of Petronas Dagangan is 24.62 per share.

In term of the size Petronas Dagangan is obviously far bigger than Petron Malaysia. But in term of the latest Earning per share (EPS) Petronas Dagangan was 1.55 and Petron Malaysia EPS was 1.50; which is very close to each other.

We should give time for Petron Malaysia to grow to become Petronas Dagangan. With the new solid management team I think very soon Petron Malaysia could have achieved it.

Sardin

824 posts

Posted by Sardin > 2018-03-08 22:36 | Report Abuse

秦姐的名字很美

pjseow

2,264 posts

Posted by pjseow > 2018-03-08 22:42 | Report Abuse

JohnVision , agree with you .

Posted by Fabien Extraordinaire > 2018-03-08 22:43 | Report Abuse

No doubt there is room for Petron expanding its petrol station.

Do you know why? Try ask 10 of your friends, i bet 90% of them do not pump petrol at Petron. Lol


For myself, I only pumped once in Petron in my whole life. And that because my car is out of petrol and it is the nearest to my office.

Posted by Fabien Extraordinaire > 2018-03-08 22:47 | Report Abuse

The question every contributor in this thread should ask themselves. Do ur goodself is a Petron consumer? If not, then ask urself why. And for whatever reason there is, then why would u think Petron petrol station can grow further?

Posted by Fabien Extraordinaire > 2018-03-08 22:57 | Report Abuse

To most people, it is the habit or i would put it a devotion to the brand. It is the usual Shell or Petronas that u get to see full crowd at any single time of the day. Not Petron station.

Any coffee lover would tell u the worst coffee u can find is Starbucks. And yet Starbucks did extremely well. U can't exactly pinpoint the growth trajectory of, say Coffee Bean or San Fran, by simply referencing to the number of outlets Starbucks have and compared to CB or SF, and conclusion made basing on the wide gap and thus assuming CB or SF has of room to grow.

Posted by Fabien Extraordinaire > 2018-03-08 22:59 | Report Abuse

There is a reason why Petronas has 1000 stations and Petron is half of that. Let's be real, Petron would never catch up with Petronas in terms of numbers, the gap will remains there, in Malaysia for sure.

Kawkaw

858 posts

Posted by Kawkaw > 2018-03-08 23:22 | Report Abuse

Let it fly tomolo..

Posted by LeeFoundation > 2018-03-09 00:41 | Report Abuse

Good quality stock

mzm81

118 posts

Posted by mzm81 > 2018-03-09 07:04 | Report Abuse

Talking about Petronas, they just put a commitment to pay 19bln to Government. That does not include other obligations that they usually do in trainings, recruiting, CSR etc. Guess Petron does not have this type of obligation in their balance sheet ...

arankia

29 posts

Posted by arankia > 2018-03-09 07:38 | Report Abuse

As a Petron user myself, i disagree with Fabien that only 10% only pumps at Petron... there are several reasons why one choose to pump at Petron i.e. convenience, strategic location, petrol quality, cashback, customer loyalty and so forth..

Do u know that Petron, gives the most cash back points compared to others?
Also, how much more mileage u get from others compared to Petron's fuel?
What u see, doesnt represent 90% of the population...

Anyway, good to see petronm shares maintain above hengyuan... hope this lasts.. =)

Posted by investers > 2018-03-09 07:55 | Report Abuse

john, petdag eps 1.55 is due to one time gain for selling asset in philippines . their petro selling volume is dropping every quarter. thats why petdag sudden increase mesra point to triple. which brand is threatened petdag?
pay a visit on petron toilet, you will notice they have changing.

Kang Yoon

83 posts

Posted by Kang Yoon > 2018-03-09 08:46 | Report Abuse

I have been a loyal Petron user since the day of Mobil. Personally I felt my car accelerate most smoothly with Mobil/Petron while Shell give rough noise and Petronas feel underpower. And surely they have the most cash back rate since Smiles and then now Miles card.

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