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Last Price

4.32

Today's Change

+0.12 (2.86%)

Day's Change

4.21 - 4.32

Trading Volume

28,600


10 people like this.

19,326 comment(s). Last comment by allaboutvalue 1 week ago

gemfinder

6,880 posts

Posted by gemfinder > 2021-11-27 10:06 | Report Abuse

Luckily cut 448

Karma4444

743 posts

Posted by Karma4444 > 2021-11-28 10:13 | Report Abuse

Oil price high is no good for petronm,now oil price down petronm happy happy like us can buy cheap oil

Karma4444

743 posts

Posted by Karma4444 > 2021-11-29 12:36 | Report Abuse

Over panic

Karma4444

743 posts

Posted by Karma4444 > 2021-12-02 22:38 | Report Abuse

Petronm can collect cheap oil again

Karma4444

743 posts

Posted by Karma4444 > 2021-12-15 12:43 | Report Abuse

Sgporean can enter msia 20.12
2021,use more petrol

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-01-04 19:07 | Report Abuse

Jan 4): China slashed its fuel export quota by more than half in the first batch of allocations for 2022, highlighting the nation’s strategy of progressively limiting overseas sales.

A total of 13 million tons were issued, including both general trade and tolling issuances, according to refinery officials who have direct knowledge of the matter. That’s 56% less than 29.5 million tons in the same batch for 2021.

“Looks like this year’s total fuel export quota will keep declining,” said Yuntao Liu, analyst with Energy Aspects Ltd., adding that a smaller issuance may boost competition between state refiners and independents.

There’s speculation that China may eliminate product exports by 2025. Should that happen, Asian fuel exporters — in Northeast Asia, Singapore, Malaysia and Brunei — stand to benefit as regional margins will have to rise to make up for lost Chinese barrels, according to a previous estimate by Energy Aspect

Diamond7

2,333 posts

Posted by Diamond7 > 2022-01-12 19:58 | Report Abuse

Oil new high...
Petronm coming quarterly report will be excellent!

Soon will limit up!!

Cakes Moon

6,929 posts

Posted by Cakes Moon > 2022-01-19 12:00 | Report Abuse

When PetronM back RM15.06?
I already stuck there for over 5 years.

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-01-19 13:12 | Report Abuse

I think there is good future for petronM.

i3lurker

13,956 posts

Posted by i3lurker > 2022-01-19 13:29 | Report Abuse

Tesla sold more than 900,000 EVs last year and still back ordered 4.5 months (today), backordered 6 months inside China.

Major Germans total EV sales were 300,000 plus with backorders

Ford has huge backorders more than 150,000 on the F-150 that it stopped taking anymore orders and people paying blackmarket premiums to get it immediately

China EVs are selling like hotcakes too and you guessed it, backordered as well.

Karma4444

743 posts

Posted by Karma4444 > 2022-01-19 18:06 | Report Abuse

U buy at rm 15.60? Wtf

Karma4444

743 posts

Posted by Karma4444 > 2022-01-26 13:42 | Report Abuse

Jibye Petron when u wake up?

cckiong

242 posts

Posted by cckiong > 2022-01-27 14:19 | Report Abuse

oil price already break 90USD. Petron should be able to perform

Cakes Moon

6,929 posts

Posted by Cakes Moon > 2022-01-27 20:50 | Report Abuse

Brent oil so high, but, Petronm sleeping.
Wait until my neck long.

mf

28,677 posts

Posted by mf > 2022-01-27 20:52 | Report Abuse

Palm Oil Futures - (FCPOc1)

Kuala Lumpur
Add to Watchlist

5,506.00
+52.00
(+0.95%)

Karma4444

743 posts

Posted by Karma4444 > 2022-01-27 23:42 | Report Abuse

Petronm biz very bad,

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-01-28 08:03 | Report Abuse

Nothing wrong with PetronM. It’s going to perform very well . It’s just the Malaysian stock market is very sick .

Diamond7

2,333 posts

Posted by Diamond7 > 2022-01-28 20:56 | Report Abuse

Coming quarterly report should be excellent!

Diamond7

2,333 posts

Posted by Diamond7 > 2022-01-28 20:57 | Report Abuse

Yes
Malaysian market very very sick....
Prob will be pushed down day by day...cos of US interest hike!

sheldon

1,413 posts

Posted by sheldon > 2022-01-31 10:01 | Report Abuse

What kind of counter!!

Erection for a few seconds & then flaccid

TakeProfits

1,229 posts

Posted by TakeProfits > 2022-01-31 12:23 | Report Abuse

Yes Sheldon...
Thus counter must take double dose Ginseng and Tongkat Ali to double perform ..haha

Diamond7

2,333 posts

Posted by Diamond7 > 2022-02-01 06:26 | Report Abuse

Happy New Year!
Be blessed with abundance and good health!
Brent already touch 90...

Just wait for coming quarterly report. Will be excellent!
Good dividend coming too...

Cakes Moon

6,929 posts

Posted by Cakes Moon > 2022-02-03 09:42 | Report Abuse

Crack spread already at multiple years high at $13.589!!!
PetronM already sleeping at this solid rock bottom price for years, it is time to rise until RM15.06 again!!!

Diamond7

2,333 posts

Posted by Diamond7 > 2022-02-03 14:33 | Report Abuse

Carimin up up up..

Later petronm will follow...

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-02-03 17:51 | Report Abuse

Have been slowly accumulating this stock .

sheldon

1,413 posts

Posted by sheldon > 2022-02-04 03:43 | Report Abuse

What's the prediction for the Dec 21 quarter?

A. Excellent - >100m
B. Great - 50-100m
C. Average - 30-50m
D. Poor - 0-30m
E. Bad - Loss

Diamond7

2,333 posts

Posted by Diamond7 > 2022-02-05 01:30 | Report Abuse

https://www.klsescreener.com/v2/news/view/946047...

Brent above 90
Excellent for energy stocks!

Cakes Moon

6,929 posts

Posted by Cakes Moon > 2022-02-05 11:03 | Report Abuse

Brent oil $92.90.
Petron going to rise RM17 again!!!

sheldon

1,413 posts

Posted by sheldon > 2022-02-06 14:44 | Report Abuse

Price should rise significantly. Why?

- NTA > RM7 and PE is only 5.5.
- Though some may argue not in the same industry but I consider an investment is just an investment - Carlsberg is trading at PE of 36.6 & Nestle at a mindboggling 53!!

- Petron had made over the years hundreds of millions of RM but declaring only puny dividends. What happens when you put millions into a bank account but withdraw only pennies? Logically overtime, it should grow in a compounding fashion.

The share price is way behind the curve. It's puzzling what's holding this counter back?
The only way for management to get even with investors who're not paying any attention to this counter is to pay a lot more dividends (Unless of course if the accounts are all made up and the profits are fake).

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-02-09 14:39 | Report Abuse

SINGAPORE : PetroChina has started a 33.9 billion yuan ($5.33 billion) programme to expand the petrochemical capacity at a subsidiary plant in northeast China and cut refined fuel production, according to a company post and state media report.

The state oil and gas major's move is in line with a trend within the Chinese industry to reduce fossil fuel output as demand is set to peak, while raising production of higher-value petrochemicals that are imported by the Asian country.
Under the revamp, PetroChina's Jilin Petrochemical Corp plans to add 21 more facilities - including a 1.2-million-tonnes-per-year (tpy) ethylene unit - and mothball seven units, parent company CNPC said on Wednesday, without providing further details.

The new facilities will also include a 600,000-tpy unit to manufacture acrylonitrile butadiene styrene (ABS), an impact-resistant plastic, local state newspaper Jilin Daily reported, without citing details on project completion.

After the revamp, the Jilin province-based subsidiary will produce 2.63 million tonnes less of refined fuel a year but 2.8 million tonnes more petrochemical

Bad for Pchem. Good for petronM and hengyuan

limkokthye

6,039 posts

Posted by limkokthye > 2022-02-10 19:16 | Report Abuse

my average petronm is 5.53

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-02-10 21:23 | Report Abuse

No worries. With very high cracking spread the company is going to make good money. Share price will recover above $6/- before mid year. Just my take. I am taking increasing position in this counter .

Posted by risktoreward > 2022-02-11 01:41 | Report Abuse

Still holding, a lot of Petron. Petron is a counter that can have wild wild swings

Diamond7

2,333 posts

Posted by Diamond7 > 2022-02-11 06:19 | Report Abuse

EPS 81.47
PE...5.65 very low PE ratio
Only 270.million shares
Highly undervalue
Soon will go up up up...
Crude oil n Brent around 90
Petronm will have an excellent coming quarterly report!

Diamond7

2,333 posts

Posted by Diamond7 > 2022-02-11 06:20 | Report Abuse

Borders reopen
Aeroplanes flying...
Cars n lorries moving..
Soon will be running above 6 ringgit

Diamond7

2,333 posts

Posted by Diamond7 > 2022-02-12 05:58 | Report Abuse

Stronger crude oil prices will lift up the sentiment on Monday!

Brent up up 95.06

Buy while it's low...

Later petronm price will go up like plantation...
Dun buy above 5 ringgit n dun chase carazily then!

Diamond7

2,333 posts

Posted by Diamond7 > 2022-02-12 06:12 | Report Abuse

Buy on dip!!
Dun chase chase to new high

Diamond7

2,333 posts

Posted by Diamond7 > 2022-02-14 09:19 | Report Abuse

Petronm!
Beautiful....

limkokthye

6,039 posts

Posted by limkokthye > 2022-02-14 10:24 | Report Abuse

limit up limit up to rm17.00

gemfinder

6,880 posts

Posted by gemfinder > 2022-02-14 13:53 | Report Abuse

go go go

sheldon

1,413 posts

Posted by sheldon > 2022-02-15 16:29 | Report Abuse

Ok show's over. The fireworks are through. Now back to work! Haha

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-02-15 16:38 | Report Abuse

Game not started yet . Be a bit patient. Hahaha..

Diamond7

2,333 posts

Posted by Diamond7 > 2022-02-15 20:22 | Report Abuse

Brent above 90
Petronm will show very excellent quarterly reports

Diamond7

2,333 posts

Posted by Diamond7 > 2022-02-15 20:23 | Report Abuse

Hopefully this year gives very good dividend

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-02-15 20:55 | Report Abuse

no more war. yet crude brent oil drop. tmrw sell

gemfinder

6,880 posts

Posted by gemfinder > 2022-02-15 21:39 | Report Abuse

U buy petronm for war coming? Hahahaha

sheldon

1,413 posts

Posted by sheldon > 2022-02-15 21:42 | Report Abuse

Petron can't directly control investors' decisions but it can control dividends.

To make up for the very poor share price performance, massive dividend payouts will rile up investors who have ignored this counter. It'll be the right tonic to drive up the share price.

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-02-15 22:28 | Report Abuse

u buy petronm for long term? hahaha what noob

limkokthye

6,039 posts

Posted by limkokthye > 2022-02-15 23:28 | Report Abuse

malaysia ppl cannot afford ev car, still need petrol car

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