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Last Price

4.62

Today's Change

+0.14 (3.12%)

Day's Change

4.50 - 4.70

Trading Volume

1,325,300


10 people like this.

19,327 comment(s). Last comment by StarOfTheBull 1 day ago

kinfatt999

2,913 posts

Posted by kinfatt999 > 2016-01-19 10:57 | Report Abuse

stock collapse very fast, up very slow

Posted by bangkukayu > 2016-01-19 10:57 | Report Abuse

QR to be released at end of Feb ?

kinfatt999

2,913 posts

Posted by kinfatt999 > 2016-01-19 10:58 | Report Abuse

tension look at my portfolio, all red

Posted by Lew Peik Yin > 2016-01-19 11:04 | Report Abuse

Kinfatt999 same with u ..but Petronm is profit making company! Will fly high once result announce in Feb

kinfatt999

2,913 posts

Posted by kinfatt999 > 2016-01-19 11:12 | Report Abuse

i buy 13stock, now all red lose 50k d

Posted by Lew Peik Yin > 2016-01-19 11:30 | Report Abuse

Wah.....last yr april I was like that too buy more than 10 counters ....n lost more than u in 1week...learn that as experience..now I buy 2-3counter only..must b careful

kinfatt999

2,913 posts

Posted by kinfatt999 > 2016-01-19 11:32 | Report Abuse

nowdays all people also lose,

kinfatt999

2,913 posts

Posted by kinfatt999 > 2016-01-19 11:32 | Report Abuse

keep and wait until rebounce

Posted by Lew Peik Yin > 2016-01-19 11:56 | Report Abuse

Good stock u r right! Now I only will enter will RED RED TIME BUY RED SELL HIGH

kinfatt999

2,913 posts

Posted by kinfatt999 > 2016-01-19 12:08 | Report Abuse

now u buy red, red become deep red

CRFOREVER

12 posts

Posted by CRFOREVER > 2016-01-19 12:47 | Report Abuse

Now the market crazy. Suddenly good, suddenly bad. Difficult to estimate, that y we need b careful

Posted by Lew Peik Yin > 2016-01-19 13:10 | Report Abuse

Yaya MUST B VERY CAREFUL

kahhoeng

3,946 posts

Posted by kahhoeng > 2016-01-19 14:07 | Report Abuse

can't describe how happy I am seeing Petron rising back today :))

vape

46 posts

Posted by vape > 2016-01-19 14:27 | Report Abuse

Asia gains as China shares surge on stimulus hopes. Asian shares were mostly higher on Tuesday as Shanghai stocks surged after data pointing to slower Chinese economic growth fanned stimulus hopes. http://www.reuters.com/article/us-global-markets-idUSKCN0UX00N


China Shares Rally as Beijing Reports GDP Growth at 6.9% for 2015. China shares turned higher Tuesday, as investors weighed the likelihood of further stimulus from Beijing following data that the economy grew at its slowest pace in a quarter of a century. The Shanghai Composite Index traded up 1.6%, after flitting near the flat line.
http://www.wsj.com/articles/asia-stocks-may-take-a-pause-from-recent-turbulence-1453158586



Hong Kong and mainland China stock markets ended higher after a choppy morning session on Tuesday, with stocks reacting positively to mainland economic growth data that fell in line with investors’ expectations and Beijing’s targets. http://www.scmp.com/business/markets/article/1902743/hong-kong-and-mainland-china-stocks-finish-morning-higher-after

Alex Chan

3,915 posts

Posted by Alex Chan > 2016-01-19 14:45 | Report Abuse

Uptrend already...

晓雨霖

1,680 posts

Posted by 晓雨霖 > 2016-01-19 15:07 | Report Abuse

petronm gogogo

Posted by bangkukayu > 2016-01-19 15:09 | Report Abuse

happy for now..

Posted by bangkukayu > 2016-01-19 15:10 | Report Abuse

not sure my happiness last how long

晓雨霖

1,680 posts

Posted by 晓雨霖 > 2016-01-19 15:11 | Report Abuse

let dancing in the sky....kikiki

晓雨霖

1,680 posts

Posted by 晓雨霖 > 2016-01-19 15:11 | Report Abuse

all push

晓雨霖

1,680 posts

Posted by 晓雨霖 > 2016-01-19 15:14 | Report Abuse

up 400++ pls

Posted by bangkukayu > 2016-01-19 15:15 | Report Abuse

now up how much already ?

Posted by bangkukayu > 2016-01-19 15:16 | Report Abuse

me no account. only tumpang sister buy

Posted by bangkukayu > 2016-01-19 15:18 | Report Abuse

very good sign ... hope will soar higher

晓雨霖

1,680 posts

Posted by 晓雨霖 > 2016-01-19 15:19 | Report Abuse

Petronm siao liao...we aboard engine non stop boat

晓雨霖

1,680 posts

Posted by 晓雨霖 > 2016-01-19 15:19 | Report Abuse

kick lai lai

晓雨霖

1,680 posts

Posted by 晓雨霖 > 2016-01-19 15:20 | Report Abuse

petronm vs shell onfire battle

晓雨霖

1,680 posts

Posted by 晓雨霖 > 2016-01-19 15:24 | Report Abuse

uptrend come on...dont miss the boat

Posted by bangkukayu > 2016-01-19 15:31 | Report Abuse

tks for updating me on price

anaktimur

31 posts

Posted by anaktimur > 2016-01-19 15:39 | Report Abuse

I think petronm will fly at 4:12min:32sec , sharp..

晓雨霖

1,680 posts

Posted by 晓雨霖 > 2016-01-19 15:42 | Report Abuse

Petron expects better FY2015 earnings, launches RON100 fuel
By Sulhi Azman / theedgemarkets.com | January 15, 2016 : 3:46 PM MYT
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Translated by Google Translator:
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SHAH ALAM (Jan 15): Petron Malaysia Refining and Marketing Bhd ( Valuation: 0.30, Fundamental: 1.20) — which operates 560 petroleum retail station nationwide — expects to chalk "positive numbers" for the financial year ended Dec 31, 2015 (FY2015), while hoping for future sales to grow by 5% annually, said its operations manager Jimmy Lu.

"We don't give hard numbers when it comes to profit forecast. But as you can see from our latest numbers, we are moving into the positive territory. And going by the trend, we will be expecting some good numbers ahead," he told reporters after witnessing the launch of RON100 fuel by Dommestic Trade, Consumerism and Co-operative (KPDNKK) Minister Datuk Seri Hamzah Zainudin here today.

For the nine months ended Sept 30, 2015 (9MFY2015), Petron recorded a net profit of RM204.36 million as compared to net loss of RM16.89 million, on better operating efficiency, stable margin and growth in sales volume.

"We have yet to report our fourth quarter numbers, and you will be able to better gauge our performance, once it is filed with the stock exchange later," Lu added.

While declining to provide short-term crude oil forecast, Lu said, "the global prices has stabilised with more favourable margin".

"Everyone is affected by the low oil price environment. We are managing our business risk to make sure that we are able to at least cushion the impact of this volatility, in terms of crude prices and foreign exchange," he reasoned.

Meanwhile, Petron is the first retail oil company in the country to offer RON100 fuel — the latest automobile fuel with the highest research octane number — at eight stations in Klang Valley.

The fuel is currently produced at its refinery plant in Port Dickson, which has the crude distillation capacity of 88,000 barrels per day.

"The plant is running at around 50% to 60% capacity. And our job is to increase and maximise the remaining capacity that we have," Lu added.

According to Petron's head of retail, Faridah Ali, the group is selling the RON100 fuel at RM2.80 per litre, the price of which is not currently regulated by the government.

For comparison, data from Phillipines' Department of Energy showed as of Jan 7, 2016, Petron's selling price per litre for the RON100 fuel ranges from 38.10 peso (RM3.49) to 43.20 peso (RM3.96).

"At the moment, the government controls the price for diesel, RON95 and RON97. Since we are the first to introduce RON100, the price is not regulated, but we will adhere to the pricing mechanism guideline as set by KPDNKK," she added.

Faridah declined to reveal the base-price for the RON100 fuel, but said the price is based on many factors that include economic production and feedstock cost.

"We could change the selling price of RON100 everyday, but we have no intention to do that at the moment. For now, we will adhere to the managed-float mechanism, where the petrol price will change by the first day of every month," she said.

Faridah also declined to provide sales volume forecast for RON100 fuel, but she expects "strong demand", as consumers switch to better quality fuel in the long run.

From January to September last year, Petron sold a total of 23.1 million barrels of fuels.

At noon-break today, Petron closed 3.59% higher at RM6.63, with a market capitalisation of RM1.79 billion.

(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)

anaktimur

31 posts

Posted by anaktimur > 2016-01-19 16:20 | Report Abuse

all fake wan, oil down so much, who cares about what downstream upstream, midstream...whole sector should collapse...this is definitely goreng counter

Posted by bangkukayu > 2016-01-19 16:20 | Report Abuse

stop flying ?

anaktimur

31 posts

Posted by anaktimur > 2016-01-19 16:22 | Report Abuse

stop flying, start drilling!!!

晓雨霖

1,680 posts

Posted by 晓雨霖 > 2016-01-19 16:23 | Report Abuse

ikan besar trap u only...goreng tetap goreng

kinfatt999

2,913 posts

Posted by kinfatt999 > 2016-01-19 16:26 | Report Abuse

suddenly all asian stock up

anaktimur

31 posts

Posted by anaktimur > 2016-01-19 16:26 | Report Abuse

yea i agree, is a value trap, if its so obvious how can the others be blind...

anaktimur

31 posts

Posted by anaktimur > 2016-01-19 16:28 | Report Abuse

Asian stocks up becoz of chinese new year, coz ongness is strong

晓雨霖

1,680 posts

Posted by 晓雨霖 > 2016-01-19 16:46 | Report Abuse

walau up 400++ i said

晓雨霖

1,680 posts

Posted by 晓雨霖 > 2016-01-19 16:47 | Report Abuse

dont know 2morrow will up or down?

Posted by bangkukayu > 2016-01-19 16:48 | Report Abuse

how much ?

Posted by hosehong99 > 2016-01-19 16:48 | Report Abuse

tmr sure shoot again cuz oil alrdy rebound

Posted by hosehong99 > 2016-01-19 16:52 | Report Abuse

ongness strong u thought the force is strong within you? pertron Ron100 power ok, launch already boost market shoot up make you anakbarat

anaktimur

31 posts

Posted by anaktimur > 2016-01-19 16:53 | Report Abuse

tmr will up and then down and then up again then down then up again then stagnant then down, then 3:51min:23 sec will fly like hancock

Posted by hosehong99 > 2016-01-19 16:53 | Report Abuse

anaktimur dont con ppl follow you buy and then you throw

anaktimur

31 posts

Posted by anaktimur > 2016-01-19 16:57 | Report Abuse

THe force is strong with me, and obi wan kenobi and yoda bless me with their force, i forsee the force of the CNY will push the stocks up....Bear run my ass, super bull-run coming

anaktimur

31 posts

Posted by anaktimur > 2016-01-19 16:58 | Report Abuse

petron 100 is a flop la, sohai..... who is gonna pay premium for something they dunno about, they are selling u 95 you oso dont know plz..only morons like you pump petron 100..

Posted by hosehong99 > 2016-01-19 16:59 | Report Abuse

its time to change side already, petron will like have diarrhea , time to go shell and support the right oil refinery cuz the CNY petron going to give us a big red packet

Posted by hosehong99 > 2016-01-19 17:00 | Report Abuse

bear going to run up your ass already anak timur, the bull cant pull ur RON 100 ass

lmao

87 posts

Posted by lmao > 2016-01-19 17:01 | Report Abuse

Shell is medium stream only,not that benefits from low price of crude oil.

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