Posted by DrNeo > 2018-03-30 13:21 | Report Abuse

Agreed with all of the above.

Very often, when a share tends to go free fall without any significant change in Co's fundamentals while earnings have been improving, the only reason for such continuous and speedy downfall to current attractive PE of 5.5 to 6x is the result of manipulated panic sell down. If not manipulated, the price will not run down substantially amid thin volume in such a short time.

Very confident the share price will likewise recover all its previous losses very fast when things are all more certain given some time or maybe little time.

Posted by moneyJohn > 2018-03-30 22:28 | Report Abuse

All players now scare of iBs

Posted by elainesong > 2018-04-01 22:55 | Report Abuse

Too oversold

Posted by qqq3 > 2018-04-01 22:57 | Report Abuse

I prefer this to Hengyuan.....in fact just bought at $ 8.6

Posted by oldeagle > 2018-04-02 10:32 | Report Abuse

Wait for uptrend only sapu aggressively.

Be patient for now

Posted by sharegain > 2018-04-02 15:19 | Report Abuse

Any idea when is the next plant shutdown for petronm?

Posted by JoshuaMS7 > 2018-04-02 17:58 | Report Abuse

waa ti drop almost half of this year the highest!! crazy dropped

Posted by flysmart > 2018-04-03 09:14 | Report Abuse

it will drop more ......

Posted by LimKT > 2018-04-03 09:48 | Report Abuse

never touch RHB's

Posted by kevinobc > 2018-04-03 09:59 | Report Abuse

https://oilprice.com/Energy/Crude-Oil/An-Oil-Price-Rally-Is-Likely.html

Posted by jordanmaggie61 > 2018-04-03 10:06 | Report Abuse

RHB Investment Bank lousy !

Posted by oldeagle > 2018-04-03 10:30 | Report Abuse

Better focus on CIMB CWs instead.

All RHB Investment Bank hopeless and lousy !

Posted by mamatede > 2018-04-03 14:50 | Report Abuse

RM6.5-RM7 more like it.

Posted by oldeagle > 2018-04-03 15:15 | Report Abuse

Waiting for cheaper sales still !

Posted by MayBee > 2018-04-03 15:25 | Report Abuse

Day day monitor for super bargain and 25 sen dividend looks attractive from now

Posted by pang72 > 2018-04-03 15:38 | Report Abuse

Ah seng, I hope your wife is fine?

Posted by loaded > 2018-04-03 15:48 | Report Abuse

pang72 , dun wory, aseng wife is perfectly fine.

Posted by ChipSaham > 2018-04-03 20:24 | Report Abuse

Maybee...to be entitle for dividens.how long we should invest in this kaunter

Posted by trulyinvest > 2018-04-03 20:26 | Report Abuse

After may report drop to rm6

Posted by MayBee > 2018-04-04 09:28 | Report Abuse

@ChipSaham, at this level it would not take you long to exit at higher price after elections.

That mean maybee just need another 2 mths

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

Dear all, pls shy away from RHB's call warrants......................its a trap and veri lousy market makers !

Posted by Halite > 2018-04-04 09:59 | Report Abuse

Pang72, my good friend.

Sorry for the late reply

It is still too early to tell how is my wife, petronm, doing for my 2018 portfolio since it
is just Q1 for 2018. How was my wife doing 2017, I know very well

Do not forget share trading is a rich man game. Rich man has
an advantage. My strategy is buy more earn more. Now I had successfully brought down my 2018 entry price to a reasonably low level. Any change of tide is a change of story or outcome for my 2018 portfolio

My belief is still the same
THE SADDEST THING IN SHARES TRADING IS THAT YOU HAVE NO MONEY TO BUY MORE WHEN THE PRICE IS CHEAP.
Do not let it happens to you.

Good lucks



pang72:Ah seng, I hope your wife is fine?
03/04/2018 15:38

Posted by sheldon > 2018-04-04 10:42 | Report Abuse

I keep picking up and price keeps tumbling. At this rate I might become a major share holder with no cash and sitting on a pile of losses.

Posted by Halite > 2018-04-04 11:23 | Report Abuse

You won't become a major shareholder
You will become a major winner when the tide changes
No one can know when will the tide changes
Everyone know it will. There is a day.
That is what people said, wise man hope to do right thing. Layman hope to win tomorrow.
Do it right, then you will not lose

Posted by MayBee > 2018-04-04 11:33 | Report Abuse

Hold tight and be patient for the time being............will surely win for this profitable company with no borrowings.

Posted by Halite > 2018-04-04 11:52 | Report Abuse

lost ?????

no !!!!!

the major shareholders have more shares than us . do you see they sell their shares ?

they lose money ?

no !!!!

they did not lose. they are less richer in term of figures

Posted by Halite > 2018-04-04 12:08 | Report Abuse

why should I sell petronm, if i have no gain?

why should I sell petronm if I know petronm is paying me 25 cents dividend

why should I sell petronm if I know petronm has no borrowing

why should I sell petronm if I know petronm has hundred millions of cash

why should I sell petronm if I know petronm can generate more income

why should I sell petronm if I know the PE is just 5

why should I sell petronm if I know EV/FCF tell me it is a cash cow

why should I sell petronm if I know the earning is consistent

why should I sell petronm if I know very soon there is a good news to push the price higher

why should I sell petronm if I can get better dividend next year

why should i sell petronm if I know petdag is selling at 20

why should I sell petronm if I know 2018 earning must be better than 2017

why should I sell if others are fearful

why should I sell when others have no money to buy but want to

why should I sell ?

why should I sell ?

I can't find any reason why I should sell now ?

please tell....

1 simple reason will do

but

do not talk xxxx

Posted by KLCI King > 2018-04-04 12:09 | Report Abuse

Good Q & A, Halite

Posted by tradeup2020 > 2018-04-04 13:56 | Report Abuse

dow jones naik - petronm turun
dow jones turun- petronm turun

Posted by MayBee > 2018-04-04 14:05 | Report Abuse

Halite, I agreed with you.

Very straight to the point and easy understand.

Posted by 2018HengHeng > 2018-04-04 15:51 | Report Abuse

keep drop keep buy

Posted by pang72 > 2018-04-04 16:07 | Report Abuse

Ah seng, I hope you and your wife are ok?

Posted by Halite > 2018-04-04 16:32 | Report Abuse

pang72,

i am fine , don't worry
hope you are fine too.

now, nobody's wife or girlfriend is fine . right ?


pang72 Ah seng, I hope you and your wife are ok?
04/04/2018 16:07

Posted by Jon Choivo > 2018-04-04 16:38 | Report Abuse

Time to buy, my paper gain, turned to paper loss for petronm.

Posted by Notconfused > 2018-04-04 16:47 | Report Abuse

need to pwn kidneys or not?

Posted by Hohup > 2018-04-04 17:05 | Report Abuse

Anybody want to buy kidney, im selling mine :(

Posted by shidayea > 2018-04-04 17:08 | Report Abuse

Heart attacked beb! Goes to normal prices..from belasan ringgit drop till duduk..

Posted by Kesley Tan > 2018-04-04 17:19 | Report Abuse

this type of selloff very ganjeong. no buyer at market.

Posted by Lee Yih Yeong > 2018-04-04 17:20 | Report Abuse

petronm is mahathir son punya, that why it will hit lower low

Posted by shpg22 > 2018-04-04 17:28 | Report Abuse

I hope nobody heading to 13th floor

Posted by pang72 > 2018-04-04 17:28 | Report Abuse

Ah seng, it is glad that you are fine.
I am perfectly good!!!

Posted by Alan Wang > 2018-04-04 17:42 | Report Abuse

guys, what are your average price for shares in hand? mine is 7.995

Posted by trulyinvest > 2018-04-04 18:06 | Report Abuse

Kikikiki, halite how,many bilions,u need,to fork out to suport again. Kikiki

Posted by Jon Choivo > 2018-04-04 18:08 | Report Abuse

4.2 mil can buy today entire volume.

please, only ikan bilis selling.

The short to mid term market price is determine by the small, illogical and intolerant few.


Posted by trulyinvest > Apr 4, 2018 06:06 PM | Report Abuse

Kikikiki, halite how,many bilions,u need,to fork out to suport again. Kikiki

Posted by Hohup > 2018-04-04 20:39 | Report Abuse

Actually, what is the fair valueof petronm

Posted by Halite > 2018-04-04 20:41 | Report Abuse

You are happy or fearful?

Don't worry. Price can drop RM1 today, it can also go up RM2 tomorrow. No rule say it can not go up after it has dropped down
We can make money today and also can lose money tomorrow market is fair for everyone .do not make it difficult for yourself. It is something we have to go through before we grow stronger
No big issue. Take it easy.
It is just a trade war between US and China. A tussle between BN and PH. Whatever it is, there is time the rain will stop rainbow will be seen again in the sky .
Learn to trade. Learn to survive longer than the bad market. then everything is OK.

I always keep enough pocket money to spend for whatever I want to buy. So the price movement only tell me that I am temporarily a few figures richer or poorer at the moment.





trulyinvest: Kikikiki, halite how,many bilions,u need,to fork out to suport again. Kikiki
04/04/2018 18:06

Posted by Jon Choivo > 2018-04-04 20:42 | Report Abuse

18 or so is FV for me. Ill sell probably 20% below that.

Posted by Halite > 2018-04-04 21:22 | Report Abuse

there is no reason Petronm can not be traded at more than 18 in the long run
so if you buy now, it is safe , not easy to lose if you can wait.

Posted by Halite > 2018-04-04 21:25 | Report Abuse

if you think seriously, then you will agree, the price up and down everyday is not real
only thing real is that petronm is no doubt a great company worth more than 18 .

Posted by Ooi Teik Bee > 2018-04-04 21:33 |

Post removed.Why?