Posted by mf > 2020-08-20 21:47 |

Post removed.Why?

Posted by SuperPanda > 2020-08-20 21:52 | Report Abuse

the secret of trading for this stock now = waiting

*dunno until when but definitely will not lose money

Posted by ankahill > 2020-08-24 15:19 | Report Abuse

Anyone know when Petron will present the QR report?

Posted by SuperPanda > 2020-08-25 13:28 | Report Abuse

this week, might be today

Posted by ankahill > 2020-08-25 15:36 | Report Abuse

Price starts to fall again. Very bad QR?

Posted by sheldon > 2020-08-25 17:03 | Report Abuse

This counter shows a lot potential but the price seem to tank all the time. Why are investors so spooked??

They however pick up other shitty counters with poorer fundamentals.

Posted by Choivo Capital > 2020-08-26 14:07 | Report Abuse

Lol, QR should be bad lah. Petdag revenue for Q2 drop 60%.

Should be a loss still. However, i think the worst is behind them, in terms of both retarded EURO 5 capex etc, and the virus.

Traffic numbers are back up to 95% of 2019, second hand car sales have shot up as people dont want to take public transport due to covid etc.

One thing that should be quite bad is that jet fuel sales and refining should have drop like a rock. This is one of the cherries in Petronm earnings before this.

Posted by sheldon > 2020-08-26 16:51 | Report Abuse

I believe that 2nd Qtr will show profits despite jet fuel sales all but disappeared - mainly from inventory gains.

Posted by 5354_ > 2020-08-26 17:08 | Report Abuse

PN very good govn? Take care rakyat more not Tun M son ctr?

Posted by oranger > 2020-08-26 17:41 | Report Abuse

@Choivo
Do you know what proportion of their profits were from jet fuel sales and refining? Can't seem to find this info anywhere, maybe i missed out somewhere.. Thanks.

Posted by SuperPanda > 2020-08-26 17:50 | Report Abuse

dont worry loss report also can go up, pn17 ktb also can rebound 250%

bursa now just like casino, you just need to place your bet and wait it strike

Posted by SuperPanda > 2020-08-26 20:34 | Report Abuse

this will be the worst phase ever, moving fwd will back to profit since jul-sep business back to normal

boring to wait but thats the cost to pay while looking other counter shoot up

btw we dont only have this counter only right, just park some capital and keep it for few mths for some profit wont harm

Posted by KassimBaba7 > 2020-08-26 22:00 | Report Abuse

Please sell.. I will buy after you're all done running

Posted by ivanlau > 2020-08-26 22:10 | Report Abuse

new TP for Petronm - rm 3.15 .......... as per my calculation

Posted by Choivo Capital > 2020-08-27 09:40 | Report Abuse

Dont have the data unfortunately.


oranger @Choivo
Do you know what proportion of their profits were from jet fuel sales and refining? Can't seem to find this info anywhere, maybe i missed out somewhere.. Thanks.
26/08/2020 5:41 PM

Posted by sheldon > 2020-08-27 09:54 | Report Abuse

Recently a PAS guy went to Turkey & came back.

I hope that plane fueled up from Petron hahaha!

Posted by ankahill > 2020-08-27 15:15 | Report Abuse

Price dropping, maybe QR is very BAD!!

Posted by sheldon > 2020-08-27 20:57 | Report Abuse

bloody shit!

Posted by Jeffreyteck > 2020-09-04 07:09 | Report Abuse

Quite unlikely to deliver positive results in Q3 & Q4. TP below $3.

Posted by ivanlau > 2020-09-05 20:10 | Report Abuse

--------- quote ------------

ivanlau new TP for Petronm - rm 3.15 .......... as per my calculation
26/08/2020 10:10 PM
------------ unquote ---------
I still stick to my previous calculation ..........

Posted by ankahill > 2020-09-07 08:29 | Report Abuse

This counter will FALL again today!!??

Posted by curiousman > 2020-09-11 15:45 | Report Abuse

Petron is refining company, If the crude oil price drop the company should benefit for it because the cost to buy the crude oil is low but in the AR why they keep mention the drop of crude oil affected the revenue drop?

Posted by sheldon > 2020-09-15 05:54 | Report Abuse

curiousman - because the inventory of crude bought at high prices earlier will affect crack spreads

Posted by maimunah > 2020-10-01 11:41 | Report Abuse

Petron Malaysia expects more customers to utilise the ATM MyDebit facility at its petrol stations, following the launch of the second series of the “Fuel Penuh Gaya MyDebit Je Dengan Kad ATM Anda” contest campaign.

Posted by maimunah > 2020-10-01 11:41 | Report Abuse

General manager Faridah Ali said this is based on the success of the contest’s first edition,”FUEL-YoooH MyDebit Je Dengan Kad ATM Anda”, which was launched in January this year.

Posted by maimunah > 2020-10-01 11:42 | Report Abuse

Faridah said Petron is the first petrol station network in the country to offer ATM MyDebit payment without the three-day RM200 pre-authorisation detention.

Posted by maimunah > 2020-10-01 11:42 | Report Abuse

the collaboration with Petron and PayNet (Payments Network Malaysia Sdn Bhd) through this contest because this simple method will further increase the mobility of the public which in turn contributes to cash flow and income generation in the country

Posted by maimunah > 2020-10-01 11:42 | Report Abuse

Conducted in collaboration with Petron, Tourism Malaysia and PayNet, the campaign runs from Oct 1 to Dec 31, 2020, and is open to all Malaysian bank-issued ATM MyDebit cardholders who purchase at least RM5 worth of fuel in a single receipt at any of Petron’s outside payment terminals nationwide.

Posted by sheldon > 2020-10-01 15:07 | Report Abuse

Let's play the guessing game - Profit or Loss for the 3rd quarter?

Posted by DickyMe > 2020-10-02 10:57 | Report Abuse

".., and I know that Norway and Malaysia started developing our oil and gas industry at about the same time. In fact, both Norway and Malaysia have about the same size of hydrocarbon reserves beneath our land and our seas. But while Norway managed their bounty carefully, and today they have one of the world’s largest sovereign funds from oil and gas resources, exceeding one trillion US dollars in value, Malaysia has a sovereign debt exceeding RM1.264 trillion, including government liability exposure and commitments"

Posted by sheldon > 2020-10-03 05:42 | Report Abuse

Malaysia also has a very large sovereign fund but it's in individual pockets

Posted by ivanlau > 2020-10-12 21:01 | Report Abuse

selangor cmco ; crack spread no good, if based on forward eps 30 , the fair value in year 2020 will be around 2.70 - 3 . Today closing 3.33

Posted by limkokthye > 2020-10-18 23:53 | Report Abuse

wait for 1.80

Posted by sheldon > 2020-10-23 06:38 | Report Abuse

This Co is almost dead

Posted by Azam Sahlan > 2020-10-23 19:41 | Report Abuse

1st time i bought was 3.14 on 1st april...Now buying again.

Posted by i4value > 2020-10-26 15:33 | Report Abuse

Petron is no longer a refining company. It is today a petroleum retailing company that happens to have an in-house refinery. Given its current price is Petron Malaysia a value trap? I don't think so as its performance has been "hidden" by the low oil price. In terms of physical volume of sales, it has managed to grow its sales by 24 % over the past 7 to 8 years probably at Petronas expense. There is value at the current price but this is a stock for those with holding-power as any re-rating will depend on the oil price. There are several fundamental analysis of this company online. Check them to verify my view.

Posted by sheldon > 2020-11-09 11:22 | Report Abuse

What's the difference between Petron & PetDag?

They both have a network of petrol stations and supply gas tanks. Petron has a refinery which PetDag doesn't.

Amazingly though Petron trades at a PE of 6 while PetDag at a PE of 53+!! Maybe because PetDag has EPF as it's main investor.

Anybody cares to debate?

Posted by Cakes Moon > 2020-11-11 12:50 | Report Abuse

Crude oil started to rebounce, better buy some lots to keep.

Posted by longtermvaluegain > 2020-11-14 08:59 | Report Abuse

Vaccine next year.
A lot of huge cash will withdraw from gloves and PPE related stocks.

Posted by leekh5555 > 2020-11-16 11:50 | Report Abuse

buy some before too late

Posted by Cakes Moon > 2020-11-16 12:19 | Report Abuse

Haha, still holding.
This cannot be wrong, solid rock bottom price.

Posted by ankahill > 2020-11-18 09:47 | Report Abuse

Going south again!! :C

Posted by limkokthye > 2020-11-18 18:54 | Report Abuse

malaysia cmco , car cannot move far,

Posted by KassimBaba7 > 2020-11-20 09:25 | Report Abuse

How come profits so high? Or reversal of impairments?

Posted by pang72 > 2020-11-20 10:19 |

Post removed.Why?

Posted by UnicornP > 2020-11-20 12:43 | Report Abuse

Gross profit

Posted by 東风 > 2020-11-21 09:01 | Report Abuse

Monday must collect some. Still ib early stage

Posted by leekh5555 > 2020-11-21 15:58 | Report Abuse

managed to ave. up some.

Posted by Chua Joe Beng > 2020-11-22 16:33 | Report Abuse

petronm is a gud buy!

Posted by ankahill > 2020-11-23 08:20 | Report Abuse

Rm6 coming!!