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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

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-07-24 07:10 | Report Abuse

Wil up above rm8

wotvr

841 posts

Posted by wotvr > 2018-07-24 08:06 | Report Abuse

Lower crude oil price is good for refinery. If crude increase price, refinery temporary have higher profit since they bought crude at cheaper price. Therefore, higher crack spread.

shen_en86

58 posts

Posted by shen_en86 > 2018-07-24 09:18 | Report Abuse

Fuel happy with petron, come on rm8

shen_en86

58 posts

Posted by shen_en86 > 2018-07-24 11:44 | Report Abuse

Come on... Legend is coming back

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-07-24 17:01 | Report Abuse

hopefuly back to rm9

kong73

2,065 posts

Posted by kong73 > 2018-07-24 20:07 | Report Abuse

Petron shares are cheap for a company that has no debt

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-07-25 10:48 | Report Abuse

rising rising and rising

Posted by SimonLee76 > 2018-07-25 18:49 | Report Abuse

Guys can anyone here help answer a few of my questions? Is it mandatory for RON 95 to have Euro 4 certified by the end of this year? If so then what happens to refinery that are unable to comply to that standard?

sheldon

1,413 posts

Posted by sheldon > 2018-07-26 11:15 | Report Abuse

I thought Euro 4 is a diesel requirement. RON 95 is petrol.

Posted by SimonLee76 > 2018-07-26 11:41 | Report Abuse

Euro 4 is the regulation standard that is set by european on the sulphur produced by the vechicle. If you went to petron and other petrol stations theres a Euro 4 logo located next to the Ron 97 and Ron 100 also.

Posted by SimonLee76 > 2018-07-26 11:42 | Report Abuse

https://paultan.org/2018/02/02/petron-malaysia-ready-for-ron-95-euro-4m-roll-out/
You can get some info about it here.

sheldon

1,413 posts

Posted by sheldon > 2018-07-27 01:17 | Report Abuse

TQ Simon - how ignorant of me

Posted by SimonLee76 > 2018-07-27 10:14 | Report Abuse

It's alright. I am glad to be of help and share knowledge that i know. You helped me back there when you share those knowledge that you got from the last AGM.

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-07-28 18:27 | Report Abuse

Pls up to rm9

weiwei88

68 posts

Posted by weiwei88 > 2018-08-01 09:36 | Report Abuse

Just stay and watch the show...hehe

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-08-01 10:07 | Report Abuse

Buy it when the price is low and gain profit

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-08-01 11:04 | Report Abuse

Good stock, worth to buy

weiwei88

68 posts

Posted by weiwei88 > 2018-08-01 14:50 | Report Abuse

Go...go...go...up

sheldon

1,413 posts

Posted by sheldon > 2018-08-07 12:38 | Report Abuse

Last quarter EPS 26.7 sen. Anybody thinks that this quarter it will exceed 30 sen?

mamatede

3,950 posts

Posted by mamatede > 2018-08-07 13:35 | Report Abuse

nope

sheldon

1,413 posts

Posted by sheldon > 2018-08-07 15:33 | Report Abuse

I'm just guessing at 27 sen.

The closest guess will win an all-expense paid trip around the world on board the Equanimity!

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-08-07 16:58 | Report Abuse

anyting above 30sen eps is considered good result

shen_en86

58 posts

Posted by shen_en86 > 2018-08-07 17:07 | Report Abuse

HY like ate steroids today. Petronm counter a bit quiet. :D

Halite

8,633 posts

Posted by Halite > 2018-08-08 10:35 | Report Abuse

truinvest

Good to see you are a strong supporter of petronm now

Posted by BetorInvest > 2018-08-08 14:21 | Report Abuse

Can experts from this counter elaborate more about the crack spread and how higher crude price affecting the profit for refinery? according to analyst, crude oil price will rise to 90 dollar at the end of the year.

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-08-08 15:57 | Report Abuse

useless

sheldon

1,413 posts

Posted by sheldon > 2018-08-08 16:25 | Report Abuse

BetorInvest - Although increase in crude prices will increase crack spreads which is positive for Petron's margins, I understand that it's a double-edged sword.

The cost of refining the crude goes up as well since the process entails consumption of part of the pricey crude that's being refined.

Posted by BetorInvest > 2018-08-09 00:40 | Report Abuse

I see. When crack spread increase, the cost of refining will also increase due to consumption of the material. But on near term projection, will the profit margin higher than previous quarter when the crude oil price is lower?

sheldon

1,413 posts

Posted by sheldon > 2018-08-09 03:47 | Report Abuse

But on near term projection, will the profit margin higher than previous quarter when the crude oil price is lower? - Good question but I've proper answer except only to say that there are 2 opposing factors as mentioned earlier - increased spreads vs increased cost.

I'm actually more concerned about the transparency. I feel that Petron investors need proper disclosure as to which specific stations belong to this listed vehicle because theoretically, the management could perform backroom tricks to shuffle them around to our detriment.

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-08-09 07:10 | Report Abuse

Time to wakeup. Dun sleep to long, else hrc wil overtake u

Posted by jordanmaggie61 > 2018-08-09 10:00 | Report Abuse

Start taking profit

sheldon

1,413 posts

Posted by sheldon > 2018-08-09 10:51 | Report Abuse

I'm digging my heels in as I feel that this stock is worth a lot more

Posted by SimonLee76 > 2018-08-09 11:19 | Report Abuse

Iran sanctions kick in this month. Guess we are in for a ride ???

shen_en86

58 posts

Posted by shen_en86 > 2018-08-11 10:31 | Report Abuse

This is a good company, hold for long term.

Posted by john1973_lew > 2018-08-11 12:43 | Report Abuse

Reasonable rate to invest, hope it will generate good ROI by end of Dec18.

mamatede

3,950 posts

Posted by mamatede > 2018-08-14 00:02 | Report Abuse

gg oil price drop. how the inventory?? lose money lor

Jon Choivo

3,668 posts

Posted by Jon Choivo > 2018-08-14 12:10 | Report Abuse

bought abit more. I like it.

Posted by Kuai Hua > 2018-08-14 15:42 |

Post removed.Why?

Jaya

1,585 posts

Posted by Jaya > 2018-08-14 16:20 | Report Abuse

Halite building up slowly will stop at 300k shares

Stanley8

203 posts

Posted by Stanley8 > 2018-08-16 01:55 | Report Abuse

Guys, anyone know when is Q 3 result for petronm?

Diamond7

2,333 posts

Posted by Diamond7 > 2018-08-16 11:05 | Report Abuse

buy only when it goes down to 7.14

BlackWhite

1,053 posts

Posted by BlackWhite > 2018-08-16 20:18 | Report Abuse

Have to wait next cycle oil price to go up

sheldon

1,413 posts

Posted by sheldon > 2018-08-17 06:06 | Report Abuse

Stanley8 Guys, anyone know when is Q 3 result for petronm?

If the past is an indicator, then definitely next week.

sheldon

1,413 posts

Posted by sheldon > 2018-08-20 09:43 | Report Abuse

should the advise be to buy, sell or do nothing before the results are released?

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-08-20 20:11 | Report Abuse

Petdag anounced very good result. Petronm folow suit?

Posted by godofgamble > 2018-08-22 22:49 | Report Abuse

Yeah. I already buy in after petdag result. Petronm result announced next week easily will up 5%

Jhau65

66 posts

Posted by Jhau65 > 2018-08-22 22:53 | Report Abuse

Yes....please load Petron !!!

sheldon

1,413 posts

Posted by sheldon > 2018-08-23 15:47 | Report Abuse

Waiting for the 2nd quarter results with much anticipation. I hope it does not fall way short of my rough expectation

mamatede

3,950 posts

Posted by mamatede > 2018-08-23 16:00 | Report Abuse

The past 3 quarters for petdag is impressive, the past 3 quarters for Petronms?

sheldon

1,413 posts

Posted by sheldon > 2018-08-23 16:48 | Report Abuse

Past 3 quarters more impressive than petdag although on the decline

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