20 cents dividend is a good reason for me not to sell you at 7.00
moreover I still believe and very confident Petronm going to make another 30 cents next quarter . what is the 9 cents loss this quarter ? sap-sap-sui lah.....
don't buy now , buy later since the NTA is 6.15 and earning is steady and consistent , first time quarter loss 9 cents since 2014, but every quarter made 30 cents
Posted by apolloang > Feb 21, 2019 09:27 PM | Report Abuse
your uncle own words,don't buy if the company posted losses
what unrealistic you are talking about choivo wants to buy at 6.5 and you said 7.50 is unachievable are trying to say choivo calculation is stupid or unrealistic can't even achieve 15% gain ?
Posted by apolloang > Feb 21, 2019 09:35 PM | Report Abuse
7.49 is unrealistic price based on the results.better be safe than sorry
===== Posted by Aseng > Feb 21, 2019 09:16 PM | Report Abuse
choivo,
I agree with your common sense provided you common makes sense tell me which primary school teacher taught you to calculate how much your mother love you
I don't really care if this year 15% (my current) or negative 15%.
I only care about improving my thought process, making as decisions as rationally as i can, and have an extremely long term perspective. Let time take care of the rest.
I'll end up very rich in the future anyway, why stress. If i got very rich today, no idea what to do with the money also. Still eat chicken rice at the same place.
===== Posted by Aseng > Feb 21, 2019 09:42 PM | Report Abuse
what unrealistic you are talking about choivo wants to buy at 6.5 and you said 7.50 is unachievable are trying to say choivo calculation is stupid or unrealistic can't even achieve 15% gain ?
Posted by Choivo Capital > Feb 21, 2019 09:51 PM | Report Abuse
I only care about improving my thought process, making as decisions as rationally as i can, and have an extremely long term perspective. Let time take care of the rest.
all comments also got point la... but ima long term old fag, i see tmr as a opportunity for me to accumulate more again... been holding this stock for years ady... as long as this company business fundamental still remain intact, i will be still around here... cheers guys~
Stock: [PETRONM]: PETRON MALAYSIA REFINING & MARKETING BHD
Feb 21, 2019 09:33 PM | Report Abuse
don't buy now , buy later since the NTA is 6.15 and earning is steady and consistent , first time quarter loss 9 cents since 2014, but every quarter made 30 cents
Posted by apolloang > Feb 21, 2019 09:27 PM | Report Abuse
your uncle own words,don't buy if the company posted losses
just dont understand whats all the fuss about... how many ppl do u think will wana sell cheaply to the market and forgo that 20 cents dividend after holding for at least 1 year, i mean 'big players', not ikan bilis.
this qr really quite bitter for me...but the moving of oil price from oct to dec last year was really drastic...considering petronm track records for past few years, my fair value for petronm is still above rm7 :)
25M over NOSH translate to about 9.25 cents lost per share. Hardly cause a dent. But to the traders, you can see the "scream mask" on each of their their face now...lol. Waiting to collect more.
Haiyah, short term traders looking due a hundred dollar profit...u shitting in your pants. If I were,you, just hang on and price went up today. Maybe we don't know what they know cos what they know could be very good. Lolol I. Hahaha..kikikoki
Haha I'm wondering if I should share my research since some of you are asking.
You know what, I'll share it when
1) End of the year, when I collect enough. 2) if the price is rm14 or so and I don't really want to hold that much anymore. 3) I'm completely wrong and I sold it all. Feel free to humiliate me then.
Since i3 members are mostly into small caps, when the index went from 11,000 to 13,000 everyone is a genius in making money...including one Jon Choivo who, after the results have been announced, says he expected Petron to make a small loss ......but why would he have bought Petron if he actually know it will be reporting disappointing results?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Aseng
8,633 posts
Posted by Aseng > 2019-02-21 21:17 | Report Abuse
what I am trying to tell you is that it is no difficult to talk nonsense