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Last Price

4.25

Today's Change

+0.02 (0.47%)

Day's Change

4.21 - 4.29

Trading Volume

19,700


10 people like this.

19,332 comment(s). Last comment by Johnchew5 3 days ago

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-12-13 11:51 | Report Abuse

let it break rm6

Parttimer

115 posts

Posted by Parttimer > 2018-12-13 12:10 | Report Abuse

any sifu can advise please why this counter so negative?

I understand that the crack spread has recently turned negative, but this is probably temporary cos crack spreads don't stay negative forever..

Also, crude oil price have now dropped in recent months, crack spreads should pick up in the future?

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-12-13 12:15 | Report Abuse

crack spread negative means loss making... warning

yfchong

5,877 posts

Posted by yfchong > 2018-12-13 12:31 | Report Abuse

Ccc - 2

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-12-13 14:50 | Report Abuse

selling never ends... got many hidden sellers

yfchong

5,877 posts

Posted by yfchong > 2018-12-13 14:53 | Report Abuse

Mega sale...

Posted by Choivo Capital > 2018-12-13 15:19 | Report Abuse

haha bought a little more at 6.59. Alright. Will only buy more next month, or if it drops another 15%.

yfchong

5,877 posts

Posted by yfchong > 2018-12-13 15:37 | Report Abuse

Jan sale.. 2019

TakeProfits

1,229 posts

Posted by TakeProfits > 2018-12-13 17:34 | Report Abuse

Bought little at 6.50...chew a little at a time...hehe

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-12-13 19:54 | Report Abuse

I only buy when drop below,rm3

yfchong

5,877 posts

Posted by yfchong > 2018-12-13 20:40 | Report Abuse

May be 6.20 sideway

yfchong

5,877 posts

Posted by yfchong > 2018-12-14 08:44 | Report Abuse

6 should be a good entry price..

Parttimer

115 posts

Posted by Parttimer > 2018-12-14 09:48 | Report Abuse

everyday die...

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-12-14 10:31 | Report Abuse

below rm3 I only buy. expecting weak quarter ahead

yfchong

5,877 posts

Posted by yfchong > 2018-12-14 11:28 | Report Abuse

New low every day....

yfchong

5,877 posts

Posted by yfchong > 2018-12-14 14:07 | Report Abuse

Take 5 now

kong73

2,065 posts

Posted by kong73 > 2018-12-14 15:45 | Report Abuse

Aiyooo

1313

107 posts

Posted by 1313 > 2018-12-14 15:45 |

Post removed.Why?

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-12-14 16:06 | Report Abuse

petron was once rm2.80... kikikiki

Parttimer

115 posts

Posted by Parttimer > 2018-12-14 16:52 | Report Abuse

no sifu wanna teach ah why so bearish...

Pakkk

13 posts

Posted by Pakkk > 2018-12-14 16:52 |

Post removed.Why?

yfchong

5,877 posts

Posted by yfchong > 2018-12-14 18:31 | Report Abuse

Hit the home run

enigmatic

919 posts

Posted by enigmatic > 2018-12-15 00:59 | Report Abuse

bearish bcause oil price jatuh. weaker quarter report. dividend only given in apr, so ppl throw now

Jaya

1,463 posts

Posted by Jaya > 2018-12-15 05:05 | Report Abuse

DJ bloodbath 495 down

yfchong

5,877 posts

Posted by yfchong > 2018-12-15 08:16 | Report Abuse

Really red red

yfchong

5,877 posts

Posted by yfchong > 2018-12-15 11:42 | Report Abuse

Now half or full cup..?

enigmatic

919 posts

Posted by enigmatic > 2018-12-16 00:15 | Report Abuse

petronm's price is very tempting now

icecool

5,028 posts

Posted by icecool > 2018-12-16 13:33 | Report Abuse

wah jaya you buy this counter also ?

Parttimer

115 posts

Posted by Parttimer > 2018-12-17 10:06 | Report Abuse

avg down.. i think crack spread all these is temporary..

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-12-17 13:56 | Report Abuse

below rm3 I only consider

kong73

2,065 posts

Posted by kong73 > 2018-12-17 19:07 | Report Abuse

Rugi aaaa

TakeProfits

1,229 posts

Posted by TakeProfits > 2018-12-17 23:57 | Report Abuse

Whatttalar you all...stocks go up and down...and since petron is,a good well managed company, just hold the stock long term...Real farts you all. Go down you all shit in your pants. This is a INVESTMENT stock. Just hold it and don't let go. Way you all just want instant profits arh. Apa macam you all. Relax lar and let it bear fruit in due time. If you all cant go with the ups and downs, just cut loss and don't buy anymore stocks.

TakeProfits

1,229 posts

Posted by TakeProfits > 2018-12-18 00:00 | Report Abuse

Naik sikit, mahu jual..make living kurap. Go down, you all shiver and masuk jamban. Some tak bolih tidur pun. You all ada akal tak! Takut jangan beli saham!!

sheldon

1,422 posts

Posted by sheldon > 2018-12-18 10:34 | Report Abuse

This stock is an enigma as an "investment stock", trading at a PE of 4.04 !!

newbie009

11 posts

Posted by newbie009 > 2018-12-18 10:34 |

Post removed.Why?

Posted by Choivo Capital > 2018-12-18 10:41 | Report Abuse

Wow. This is amazing. Hahaha

What a day to be alive.

TakeProfits

1,229 posts

Posted by TakeProfits > 2018-12-18 11:21 | Report Abuse

Haha..walau, kukiki

Posted by Choivo Capital > 2018-12-18 11:23 | Report Abuse

Im thinking if i should sell some shares to buy more.

mamatede

3,950 posts

Posted by mamatede > 2018-12-18 12:13 | Report Abuse

oil price drop to $58.8, oil price predicted to remain low for quite a while. Should be positive to Petronm as people still going to pump petrol for their cars.

TakeProfits

1,229 posts

Posted by TakeProfits > 2018-12-18 12:54 | Report Abuse

Hi Jon, buy carefully. We don't know how far down. Looks like the play play stocks have gone down a lot. Selling exhausted? Don't know yet. Certainly in a bear markey prices can be lower.

Posted by Choivo Capital > 2018-12-18 13:01 | Report Abuse

Takeprofit.

Yeap. I'm alot more aggressive at buying when market is bearish than when it is bullish. I even took out a small margin loan (just 30% of fund only 13% used so far).

All i can do is hold and buy more each month. And as prices fall, feel greater joy at the increased amount of shares i can buy.

Haha. What if it goes lower? No idea. Not in the business of predicting prices. All i know is, so many things are damn cheap now.

The question we all need to ask now, if one is an investor, is this.

In 5 years, would you wish you were alot more aggresive or less aggressive during this period?

"In a stormy market, the value investing discipline becomes crucial, because it helps you find your bearings when reassuring landmarks are no longer visible. In a market downturn, momentum investors cannot find momentum, growth investors worry about a slowdown, and technical analysts don’t like their charts. But the value investing discipline tells you exactly what to analyze, price versus value, and then what to do, buy at a considerable discount and sell near full value. And, because you cannot tell what the market is going to do, a value investment discipline is important because it is the only approach that produces consistently good investment results over a complete market cycle. "

Seth Klarman.

Happy buying my fellow investors! If any.

Posted by chickenputih > 2018-12-18 14:33 | Report Abuse

worth a bet for the incoming dividend .. 22 to 25c per unit .. if more than that then it is a bonus ..

mamatede

3,950 posts

Posted by mamatede > 2018-12-18 16:04 | Report Abuse

yeah bought a bit of petronm, will top up if it fall futher.

TakeProfits

1,229 posts

Posted by TakeProfits > 2018-12-18 17:32 | Report Abuse

Hi Jon, concur with you. I will buy more at these and lower prices. Good thing I waited and not buy below 10....At these prices, we buy and wait. Yes, in a few years time we wished we would have bought mire. A good stock is worth the wait. Chen kai stocks only short play. Haha. Wish ourselves and everyone all the best..INVESTING ...HEHE

Posted by Choivo Capital > 2018-12-18 17:37 | Report Abuse

Haha you know i topped up at 8.7. Then 7.1. The 7. Then 6.9. Then 6.5. Niw, wahhh so tempted, but aiyo, i dont want spend all my money now haha. cost is 7.5 now. Haha

TakeProfits

1,229 posts

Posted by TakeProfits > 2018-12-18 18:11 | Report Abuse

Jon, i bought some at 7...bought more below 7. Tomorrow will add more. I bought Citibank..At lowest and after 4 years I can't wait though sold at a,good profit. If I waited a little longer, I would have made heaps! People buy house and wait donkey years. Buy good shares buy more and hang on, just a,few years, sure make if you buy good stocks. Heard countless stories of people bought lots good stocks and made lots after few years. OPPORTUNITY IS NOW.

cgc8835

14 posts

Posted by cgc8835 > 2018-12-18 18:11 |

Post removed.Why?

yfchong

5,877 posts

Posted by yfchong > 2018-12-18 19:14 | Report Abuse

OK abt time... To get some..

enigmatic

919 posts

Posted by enigmatic > 2018-12-18 21:29 | Report Abuse

technically isn't this a better buy than Genting Bhd?

shpg22

2,984 posts

Posted by shpg22 > 2018-12-18 22:37 | Report Abuse

This is cyclical stock same as HENGYUAN. Up the hill and down to the base. Based on historical adjusted price, base is around 2.40. Technical is useless.

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