Posted by SimonLee76 > 2018-05-17 19:56 | Report Abuse

Thank you swiftwind. Hopefully Petronm will increase in volume after subsidies kicked in

Posted by Halite > 2018-05-17 23:29 | Report Abuse

30 cents is a good performance. Yearly it will be 120. Not many can achieve such result.

Moreover I do not have the intention to sell or buy in the short term, so I do not want to expect too much to avoid disappointment.
Put it in a very simple words,

If you are prepared for the worst, then practically there is nothing to make you feel bad. But if thing does not turn out too bad then it is a bonus and you will feel very happy.
That is how I make my day good.

Posted by Davidleoz > 2018-05-18 09:00 | Report Abuse

A good way to be positive Halite. :) Thanks for sharing.

Posted by john0909 > 2018-05-18 09:09 | Report Abuse

@Halite, eps 120 might not be realistic due to the scheduled plant major maintenance... one can refer to fy2015 (4qtr) as the reference

Posted by john0909 > 2018-05-18 09:13 | Report Abuse

regards to the petrol subsidize, wonder if this would somehow affect the company in terms of cashflow or others due to the lead time (if any) of the reimbursement from the gov...

Posted by newbie8080 > 2018-05-18 11:33 | Report Abuse

This company may experience and lower profit and expect some losses in the next quarter due to refining raw material price(crude oil) is higher but the end selling price(customer) is capped by government.
Stock price is expected to consolidate below rm5 in the near term.

Posted by trulyinvest > 2018-05-18 13:42 | Report Abuse

petdag anounce down in yoy result. petron wil folow suit

Posted by FullTime > 2018-05-20 13:29 | Report Abuse

The government oredi said they will subsides the different . But again 1st quarter result sld b excellent .

Posted by trulyinvest > 2018-05-20 13:50 | Report Abuse

Excelent? Sure or not. I think result is ok only

Posted by SimonLee76 > 2018-05-20 15:13 | Report Abuse

Probably next quarter when subsidies kick in then it should be excellent. Can expect the consumption of petrol to increase.

Posted by trulyinvest > 2018-05-21 12:35 | Report Abuse

analyst said petdag result below expectation. should beware of petronm

Posted by Henly > 2018-05-21 13:54 | Report Abuse

Result tomolo?

Posted by mamatede > 2018-05-21 16:29 | Report Abuse

Petdag and petchem all report lower profit... Plz keep goreng petronm... Wanna see the roller coaster

Posted by Fabien Extraordinaire > 2018-05-21 19:35 | Report Abuse

Hengyuan results out.

EPS 28.94 sen.
QoQ -52.71% YoY -68.94%

Posted by newbie8080 > 2018-05-21 19:38 | Report Abuse

Next quarter confirm losses then.

Posted by st0ckraider > 2018-05-21 19:43 | Report Abuse

Hengyuan just posted a good result

Posted by trulyinvest > 2018-05-21 20:35 | Report Abuse

Tomorow,gap down

Posted by apolloang > 2018-05-21 20:52 | Report Abuse

hengyuan will drag petron down

Posted by mamatede > 2018-05-21 22:56 | Report Abuse

Goodbye Petronm.

Posted by sheldon > 2018-05-22 10:03 | Report Abuse

I think investors fear margin compression with price of oil on the rise & inability to raise the retail price of petrol

Posted by newbie8080 > 2018-05-22 10:15 | Report Abuse

@ SimonLee76

Subsidies for pumps , does not include reserves which the company will incur losses when the price was capped back in April.

Posted by SimonLee76 > 2018-05-22 10:24 | Report Abuse

@newbie8080 well at least its already a better deal than last year in which they experience growth. I hope that subsidies for pumps would increase volume therefore decreasing any losses at the reserve.

Posted by SmallFish8 > 2018-05-22 10:44 | Report Abuse

I think the huge drop is HY profit also due to unplan shut down.

Posted by lincm86 > 2018-05-23 17:28 | Report Abuse

According to historical record, result should release on End of 24th May 2018.

Posted by Maurice1688 > 2018-05-24 17:05 | Report Abuse

qr out, down 34% qoq, sad case

Posted by john0909 > 2018-05-24 17:09 | Report Abuse

Maurice1688 qr out, down 34% qoq, sad case
24/05/2018 17:05

---------

why sad case lol... this result not too bad for me personally.. not outstanding but acceptable result... good one

Posted by st0ckraider > 2018-05-24 17:09 | Report Abuse

lol ... hengyuan already hint you all some idea for the result

Posted by Kyou > 2018-05-24 17:09 | Report Abuse

http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=3042

Posted by Lee Yih Yeong > 2018-05-24 17:18 | Report Abuse

omg...gg

Posted by SimonLee76 > 2018-05-24 17:26 | Report Abuse

@john0909 do you think that because government cap the oil price at RM2.20 while global oil price increase is a huge contributing factor to this result?

Posted by apolloang > 2018-05-24 17:31 | Report Abuse

tomoro break 8.00,now is your turn after hengyuan

Posted by john0909 > 2018-05-24 17:32 | Report Abuse

Hi Simon, what you mentioned will only reflect on coming 2nd quarter. If you are the shareholder of petronm, I suggest you to enquire them at the coming AGM regarding the effect of oil price cap at RM2.20 and also the impact of fuel subsidize to the company cashflow. Instead of speculate and listen to ppl here who do not have the real and first hand information.

Posted by trulyinvest > 2018-05-24 20:56 | Report Abuse

Tomorow open below rm8

Posted by sharegain > 2018-05-24 22:51 | Report Abuse

Petronm has carried out plant maintenance recently and result for next quarter will not be good either.

Posted by smoking > 2018-05-25 09:45 | Report Abuse

Seems petronm no selling pressure today.... Compared to hengyuan. Petron 1. EPS down but not as volatile as hengyuan. 2. RM0 loan. 3. Giving dividend. At RM8.00, giving around 3% dividend. -> I mean where can you find multi million dollar company that is cash cow and giving 3% dividend

Posted by st0ckraider > 2018-05-25 11:00 | Report Abuse

luckily klci up today ... save petronm a bit

Posted by trulyinvest > 2018-05-25 13:48 | Report Abuse

Wow tp slashed,from 1362 to 861. Rm5 cut. Pity those who bought above rm10

Posted by ohbeeyee > 2018-05-25 13:53 | Report Abuse

writing on the wall for all who choose to see, more shocks on the way,..

Posted by Jaya > 2018-05-25 19:32 | Report Abuse

Petron is a buy, market is very volatile
Give it time to settle
Patience is a virtue

Posted by Fabien Extraordinaire > 2018-05-26 19:23 | Report Abuse

Outlook. The Group is likely to see margin pressures ahead, brought about by higher capital expenditures in preparation for adoption of the new Euro5 diesel requirements, while also managing the volatility of oil prices. Euro5 is due to reach the Malaysian market in 2020, but with investments having to be undertaken now including the changing of refinery specifications and all related pump station fittings (e.g. new tanks). In light of these challenges, our call on the stock is lowered to Neutral. Re-rating catalyst may come from lower volatility of oil prices however, especially towards the end of rate tightening in the US and the easing of geopolitical tension involving major global oil producers.

Posted by SimonLee76 > 2018-06-01 21:11 | Report Abuse

The forum here a bit dead if compared to Heng Yuan

Posted by abn10 > 2018-06-06 03:49 | Report Abuse

Tomorrow could trade between 7.5-8.0

Posted by shen_en86 > 2018-06-06 15:17 | Report Abuse

Anyone is attending tmr agm?

Posted by mamatede > 2018-06-07 00:37 | Report Abuse

Good good, boikot petronas plz expand more to East Malaysia and Sabah.. they need more petronm.

Posted by Junichiro > 2018-06-07 09:21 | Report Abuse

Bollinger band squeeze in Petron. Fireworks time for Petron.

Posted by PN17player > 2018-06-08 10:09 | Report Abuse

yesterday closing was 8.57 , why the price suddenly adjust?

Posted by john0909 > 2018-06-08 10:15 | Report Abuse

today is the div ex-date for petronm

Posted by SimonLee76 > 2018-06-08 10:27 | Report Abuse

Any highlights on yesterdays AGM?

Posted by trulyinvest > 2018-06-08 12:10 | Report Abuse

Bought back 824

Posted by ChipSaham > 2018-06-08 21:10 | Report Abuse

Bought 8.12 n still kept 8.06