Posted by mamatede > 2020-05-04 15:44 | Report Abuse

Shell is not petronm. Shell upstream business is killing them. Petronm only downstream refinery

Posted by Equityengineer > 2020-05-05 20:07 | Report Abuse

Inching up

Posted by Live4Tea > 2020-05-06 16:03 | Report Abuse

If Shell is dying then these smaller boys are dead. Earnings will be slow while debts increasing. Market cap only 1 B at 4.00 so credit lines may be cut if oil rout continues.

Posted by chtan33 > 2020-05-08 19:49 | Report Abuse

petron is heading to 5.00.... regardless what's the comment here

Posted by mf > 2020-05-08 21:36 |

Post removed.Why?

Posted by Panorama1 > 2020-05-09 18:39 | Report Abuse

MCO. : 2.50-4.50
CMCO4 : 4.50-5.00
CMCO5 : 5.00-5.50
No more CMCO : > 6.00

Posted by mf > 2020-05-10 12:16 |

Post removed.Why?

Posted by Kelsey517 > 2020-05-12 09:53 | Report Abuse

say bye to 4.xx.....

Posted by mamatede > 2020-05-12 10:16 | Report Abuse

been advocating petronm during the low RM3.5. ... at this price too risky for me. First, quarter is coming up, second oil price going to stagnant at this price range, so any rewards seems priced in. Will i revisit this counter ? yes, but at least there is higher momentum of oil price upwards and MCO release more.

Posted by Equityengineer > 2020-05-12 21:39 | Report Abuse

Recovery in oil price will bring the price double digit by end of year . Just hope no more MCO again

Posted by Panorama1 > 2020-05-13 09:28 | Report Abuse

> 5 for CMCO5 (1st. Day). As economies opening up & high crude oil level under storage, there will be huge demand that will benefit refiners like Petron & Hengyuan. Also, pump prices will be heading upwards.

Posted by sheldon > 2020-05-13 10:12 | Report Abuse

But Petron has lost a significant demand from jet fuel.

Posted by sheldon > 2020-05-13 10:13 | Report Abuse

Price dropping like a stone

Posted by jogesh2020 > 2020-05-13 10:13 | Report Abuse

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Posted by mamatede > 2020-05-13 10:15 | Report Abuse

Along detected.

Posted by sheldon > 2020-05-13 11:12 | Report Abuse

haha

Posted by Equityengineer > 2020-05-13 14:27 | Report Abuse

Will get pressed this week. So that big boys can accumulate .

Posted by Simonalibaba > 2020-05-13 14:35 | Report Abuse

https://app2.msci.com/eqb/gimi/smallcap/MSCI_May20_SCPublicList.pdf

out of the index

Posted by firehawk > 2020-05-13 16:18 | Report Abuse

pump and dump？

Posted by mf > 2020-05-13 23:36 |

Post removed.Why?

Posted by mf > 2020-05-14 11:42 | Report Abuse

Astro AwaniToggle navigation

announcementNOTIS
Beralih ke pengalaman baharu laman web Astro AWANI. Klik di sini!

BERITA | MALAYSIA
PKD Muallim kesan ada pelajar IPT positif COVID-19
Bernama | Diterbitkan pada Mei 14, 2020 00:48 MYT | Durasi: 45 saat
PKD Muallim kesan ada pelajar IPT positif COVID-19
PKD Muallim mengesahkan ada pelajar IPT di daerah itu positif COVID-19 selepas menjalani saringan menerusi Ops Hantar Pelajar. - Gambar fail
IPOH: Pejabat Kesihatan Daerah (PKD) Muallim mengesahkan ada pelajar institusi pengajian tinggi (IPT) di daerah itu positif COVID-19 selepas menjalani saringan menerusi Ops Hantar Pelajar.

Posted by sheldon > 2020-05-15 00:24 | Report Abuse

If kicked out of MSCI index then there'll be a loss of trading liquidity.

I can't imagine that AirAsia can be included given that its business fundamentals today is very bad.

Posted by RedEagle > 2020-05-17 10:02 | Report Abuse

Mukhriz effected this counter?

Posted by mamatede > 2020-05-18 20:57 | Report Abuse

Petronas dagangan results is out. Never negative profit, but this time..woah... not sure how bad petronm will be affected.

Posted by mamatede > 2020-05-18 23:16 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/05/18/petronas-dagangan-made-a-loss-in-q1-warns-mco-severe-impact-on-q2-results#cxrecs_s

Posted by Philip ( buy what you understand) > 2020-05-18 23:21 | Report Abuse

I didn't fill up for gas in almost 2 months. Anyone who is buying petrol station business at this juncture is asking for it. It doesn't matter what the price of oil is if no one is buying.

Posted by stockraider > 2020-05-19 08:26 | Report Abuse

Petrol station not under lockdown could be better than alot of business during lockdown, some no income at all mah...!!

Look at the bright side mah...!!

Thats why Petron up more than 40% loh...!!

Use your cow sense loh...!!

Posted by Philip ( buy what you understand) > May 18, 2020 11:21 PM | Report Abuse

I didn't fill up for gas in almost 2 months. Anyone who is buying petrol station business at this juncture is asking for it. It doesn't matter what the price of oil is if no one is buying.

Posted by mf > 2020-05-19 08:28 | Report Abuse

Asia shares set to follow Wall Street rally on vaccine hopes

Posted by untong > 2020-05-19 13:18 | Report Abuse

sold all petronm at 4.70 (at 20% loss). I am thinking petronm with refinery business on top of petrol station will be affected more compared to petdag. The dividend pre covid already reduced to 12sen, which is disappointing..

Posted by mamatede > 2020-05-19 14:40 | Report Abuse

hmm.. based on petdag comments, Q2 is even worst because mco period is from March to June. thats basically the whole of Q2

Posted by mamatede > 2020-05-21 12:17 | Report Abuse

oh boy, during this type of time, people will travel back to celebrate Raya. Seems like this time not many people can travel back ...

Posted by EatCoconutCanWin > 2020-05-21 17:22 | Report Abuse

oh..shit...

Posted by davidkkw79 > 2020-05-21 17:24 | Report Abuse

Excuse me ?? https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3051968

Posted by mf > 2020-05-21 17:33 |

Post removed.Why?

Posted by mamatede > 2020-05-21 17:35 | Report Abuse

First Q1, already this huge loss, what else Q2, where full mco is in effect. But probably oil priced steadied and not many restocking of inventory might save them a bit of $$ during Q2

Posted by Talib > 2020-05-21 17:41 | Report Abuse

plunge 30 cent. tomorrow

Posted by mf > 2020-05-21 17:42 |

Post removed.Why?

Posted by Talib > 2020-05-21 18:11 | Report Abuse

can't run d. will open 30 cent down at 9am. buy volume will be less.

Posted by Newbieinshare > 2020-05-21 18:31 | Report Abuse

why cash reduce and loan increase?

Posted by ivanlau > 2020-05-21 18:49 | Report Abuse

PETRONM goreng from 2.80 to 4.62 within 2 months, finally all the chase high investors will kena trap again and again........ foresee price will go down below 4 soon........

Posted by mf > 2020-05-21 18:50 |

Post removed.Why?

Posted by Alex™ > 2020-05-21 18:53 | Report Abuse

aiya scare waht...lowest rm3 still got lots of space...one qr only

Posted by SuperPanda > 2020-05-21 19:01 | Report Abuse

lucky not yet buying

Posted by mf > 2020-05-21 19:02 |

Post removed.Why?

Posted by SuperPanda > 2020-05-21 19:02 | Report Abuse

tomorrow can bottom fish or not? or should wait next qtr at rm3?

Posted by Fabien "The Efficient Capital Allocater" > 2020-05-21 19:17 | Report Abuse

erm, can write off quarter 2

Posted by Stevecheahsw > 2020-05-21 19:40 | Report Abuse

Q3 maybe more worst

Posted by SuperPanda > 2020-05-21 19:57 | Report Abuse

any counter affected by MCO will suffer a compulsory 2 straight qtrs for sure

so if buy tomorrow, dont expect profit in the near term

Posted by investpeople > 2020-05-21 22:37 | Report Abuse

see how bad it get tomoro morning. 1Q is like this already. 2Q could be more worst

Posted by limkokthye > 2020-05-21 22:52 | Report Abuse

tp 80sen