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Last Price

4.11

Today's Change

+0.01 (0.24%)

Day's Change

4.10 - 4.13

Trading Volume

20,000


10 people like this.

19,334 comment(s). Last comment by sheldon 1 week ago

limkokthye

6,039 posts

Posted by limkokthye > 2021-02-26 13:10 | Report Abuse

Earn so much money, dividen pun tarak,cb management

LossAversion

1,728 posts

Posted by LossAversion > 2021-02-26 14:59 | Report Abuse

Hengyuan pays a dividend after long absence since 2018

soon9913

2,820 posts

Posted by soon9913 > 2021-02-26 16:54 | Report Abuse

petronm declared div every year other than this year

Diamond7

2,379 posts

Posted by Diamond7 > 2021-02-26 21:07 | Report Abuse

Probably they will announced later

limkokthye

6,039 posts

Posted by limkokthye > 2021-02-27 00:13 | Report Abuse

hengyuan got 4 sen, petronm habuk pun tak ada

limkokthye

6,039 posts

Posted by limkokthye > 2021-02-27 12:08 | Report Abuse

Hengyuan can up 41sen

limkokthye

6,039 posts

Posted by limkokthye > 2021-02-27 12:08 | Report Abuse

Petronm can't up, wtf

sheldon

1,425 posts

Posted by sheldon > 2021-02-27 22:42 | Report Abuse

If you are dissatisfied with the Co's absence of dividends, then I suggest that we bombard the Co Secretary which the official website holds out as follows ....

"Petron welcomes enquiries from analysts and institutional investors. Please call .... 03-20828459 manoj.devadasan@petron.com.my"

No use complaining here. We must be heard!

Diamond7

2,379 posts

Posted by Diamond7 > 2021-03-01 06:50 | Report Abuse

Buy oil n gas counters n keep 6 months...
Oil will move up from 60 to 70....
Prob to 75 n 100...
Recovery stock!!

soon9913

2,820 posts

Posted by soon9913 > 2021-03-01 16:39 | Report Abuse

actually oil price up is good for this counter? the petrol selling price is fixed right?

Diamond7

2,379 posts

Posted by Diamond7 > 2021-03-01 20:17 | Report Abuse

When oil goes beyond 50
Petron n hengyuan start to make profit
Now it's 65

Coming quarterly report will be excellent

When below 4.80
Buy n keep

If 4.60 better still

If can get at 4.20 it's a bonus!

sheldon

1,425 posts

Posted by sheldon > 2021-03-02 09:36 | Report Abuse

I 'assure' you Diamond7 that there's no dividend this year.

This management is not so shareholder-friendly.

If there is, then I'll eat my own shoes!

Johnzhang

3,098 posts

Posted by Johnzhang > 2021-03-02 11:21 | Report Abuse

They usually declare on final dividend in April, No interim dividend. It has been like this since 2013.
Once the management has a view of how business going to be in 2021 by April, I suspect they will still pay dividend for FY2020 though will be lower than 12sen last year .

Johnzhang

3,098 posts

Posted by Johnzhang > 2021-03-02 11:29 | Report Abuse

Uptrend oil price is good for PetronM as the company is likely to make higher profit for the inventory bought earlier. Cracking margin is improving. Sales is improving with opening of economic sector and increasing economic activities and traveling will spur demand for its products . Pent up demand after covid can be a boom for petronm. Just my view .

limkokthye

6,039 posts

Posted by limkokthye > 2021-03-02 18:56 | Report Abuse

More car moving liao

limkokthye

6,039 posts

Posted by limkokthye > 2021-03-03 14:56 | Report Abuse

cb petronm zzzzzzzzzzzzzzzzzzz

limkokthye

6,039 posts

Posted by limkokthye > 2021-03-03 22:10 | Report Abuse

tomorow car can move far abit,

limkokthye

6,039 posts

Posted by limkokthye > 2021-03-04 02:22 | Report Abuse

Ho seh liao, oil continue to rise

Posted by Blackstorm > 2021-03-05 07:54 | Report Abuse

Going up again today

limkokthye

6,039 posts

Posted by limkokthye > 2021-03-05 16:49 | Report Abuse

tomorow petrol unchanged

meistsk3134

2,368 posts

Posted by meistsk3134 > 2021-03-05 23:19 | Report Abuse

this petron still sleeping

limkokthye

6,039 posts

Posted by limkokthye > 2021-03-06 23:02 | Report Abuse

more and more ppl come out, more and more oil usage

CHLEONG888

924 posts

Posted by CHLEONG888 > 2021-03-07 04:55 | Report Abuse

will wake up on Monday onwards

limkokthye

6,039 posts

Posted by limkokthye > 2021-03-07 19:22 | Report Abuse

Many car moving around, petrol station biz keep on growing

Posted by Blackstorm > 2021-03-08 08:09 | Report Abuse

Petron sure up today

meistsk3134

2,368 posts

Posted by meistsk3134 > 2021-03-08 11:15 | Report Abuse

still sleeping

limkokthye

6,039 posts

Posted by limkokthye > 2021-03-09 12:48 | Report Abuse

Today got announced 5.00pm can cross state

limkokthye

6,039 posts

Posted by limkokthye > 2021-03-12 16:41 | Report Abuse

petronm no pwer at all,

limkokthye

6,039 posts

Posted by limkokthye > 2021-03-18 23:25 | Report Abuse

Oil down 9696

Keyman188

5,968 posts

Posted by Keyman188 > 2021-03-19 08:04 | Report Abuse

Oil drops more than 7% in worst day since September

(PUBLISHED THU, MAR 18 20211:37 AM EDTUPDATED THU, MAR 18 20212:40 PM EDT)

Oil prices sunk for a fifth day running on Thursday on a stronger dollar, a further increase in U.S. crude and fuel inventories and the weight of the ever-present COVID-19 pandemic.

Brent crude slid 6.94% to settle at $63.28 per barrel. U.S. oil settled 7.12%, or $4.60, lower at $60 per barrel, after shedding 0.3% in the previous session. Both contracts are down 6% over the past five days.

“Short-term developments - stuttering vaccine rollouts and the build in U.S. oil inventories - are driving sentiment, but the longer-term oil outlook is still encouraging,” said PVM Oil Associates analyst Tamas Varga.

“Yesterday’s U.S. Federal Reserve meeting provided a boost to equities ... U.S. economic growth has been revised upwards while unemployment is expected to decline.”

A sharp rise in the value of the dollar after the Fed meeting has also driven the oil sell-off.

Government data on Wednesday showed U.S. crude inventories have risen for four straight weeks after severe cold weather forced shutdowns at refineries in the south. An industry report estimating a decline had raised hopes of a halt to the gains.

U.S. crude inventories rose by 2.4 million barrels last week, the U.S. Energy Information Administration (EIA) said on Wednesday, a day after the American Petroleum Institute (API) estimated there had been a 1 million barrel decline.

Varga added the market would be waiting for U.S. manufacturing data next week for further indications on the health of the world’s largest economy.

“Lower crude demand from Asian buyers as a result of upcoming refinery maintenance and probably higher prices is also something not helping crude at the moment,” said UBS commodity analyst Giovanni Staunovo.

A slowdown in some vaccination programmes and the prospect of more restrictions to control the coronavirus have tempered expectations for a recovery in fuel use.

Britain said on Thursday that global supply bumps meant its vaccine rollout would be slower than hoped in the coming weeks but it expects deliveries to increase from May.

A number of European countries have halted use of the AstraZeneca shot because of concerns about possible side effects, though the World Health Organization said Europe should continue to use the vaccine.


## https://www.cnbc.com/2021/03/18/oil-markets-us-stockpile-build-demand-worries.html

Keyman188

5,968 posts

Posted by Keyman188 > 2021-03-19 08:04 | Report Abuse

Oil prices plunged due to :-

1) Higher US inventories

2) 2.4 mil barrels last week

3) Rising covid-19 cases in Europ

4) Slowdown in vaccination

limkokthye

6,039 posts

Posted by limkokthye > 2021-03-22 22:14 | Report Abuse

petron oil no power

limkokthye

6,039 posts

Posted by limkokthye > 2021-03-23 22:41 | Report Abuse

petronm r u ready? car is start to go around interstate

Willtolive

609 posts

Posted by Willtolive > 2021-04-14 18:34 | Report Abuse

checking in with some lots

vanbasten9

1,143 posts

Posted by vanbasten9 > 2021-04-14 19:59 | Report Abuse

fancy meeting you here willtolive
How is MMc Corp

I bought cw at 16 sen 5 days back the other at 9 sen
kekekekekek

Willtolive

609 posts

Posted by Willtolive > 2021-04-14 20:45 | Report Abuse

vanbasten9

MMC is slow and steady

cw play is exciting


Brent is above usd 64 now
https://www.investing.com/commodities/brent-oil

sheldon

1,425 posts

Posted by sheldon > 2021-04-19 15:35 | Report Abuse

If no dividend announcement by end of April, then no dividends.
However the management still continue to get their fat paychecks.
Instead of working for us shareholders, we are funding their lifestyle.
Hook or crook, they should pay dividends just like hook or crook, they get their salaries.

limkokthye

6,039 posts

Posted by limkokthye > 2021-04-21 10:10 | Report Abuse

we all should protest at every petron station

Diamond7

2,379 posts

Posted by Diamond7 > 2021-04-27 19:26 | Report Abuse

@limkokthye
Petron decided to give you 5 cents dividend!
No need protest Liao!
....better than none!

limkokthye

6,039 posts

Posted by limkokthye > 2021-04-27 20:00 | Report Abuse

earn so much just give 5 sen? knn

limkokthye

6,039 posts

Posted by limkokthye > 2021-04-27 20:00 | Report Abuse

cb stock

excelyou

1,255 posts

Posted by excelyou > 2021-04-27 20:13 | Report Abuse

Buying ....

sheldon

1,425 posts

Posted by sheldon > 2021-04-28 13:34 | Report Abuse

Dividend = 270m x 0.05 = 13 5m = really peanuts!!

Taking the minority shareholders for granted and a ride.

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