Posted by Johnzhang > 2022-04-29 10:39 | Report Abuse

Refinery’s profit is very sensitive to Crack spread and sales volume. For this year, refinery will enjoy historical high crack spread and high sales volume due to economy reopening. Tight supply of oil and the sanction on Russia will most likely keep crack spread high for the rest of this year .

Posted by Johnzhang > 2022-04-29 10:40 | Report Abuse

In 2017, average crack spread was usd11 per barrel. Average crack spread ytd April 2022 is usd15 per barrel.
Both hengyuan and petronM made crazy profit in 2017 ( Hengyuan’s EPS $3.0, PetronM’s EPS $1.50). Correspondingly share price reach as high as $18 for hengyuan and $15 for petronM

Posted by gohku > 2022-04-29 10:42 | Report Abuse

Investing in integrated refinery & retail petrol stations outlets is a safer preposition compare to investing in pure refinery business which is very volatile.

Posted by supersinginvestor > 2022-04-29 10:57 | Report Abuse

Slowly but surely

Posted by gohku > 2022-04-29 11:07 | Report Abuse

Slow & steady trending gain.
Good investment.

Posted by dompeilee > 2022-04-29 11:10 | Report Abuse

Kaya KAYA SAYA =)

Posted by meistsk3134 > 2022-04-29 12:57 | Report Abuse

after tech now investor wanna goreng oil counter

Posted by Johnzhang > 2022-04-29 14:13 | Report Abuse

Palm oil producers and now refinery are going to make record profits this year Next shall be steel .

Posted by gemfinder > 2022-04-29 14:21 |

Post removed.Why?

Posted by Liposenze > 2022-04-29 16:04 | Report Abuse

Buat malu je petronm……5.50 susah mau picah

Posted by DINGYEH > 2022-04-29 16:55 | Report Abuse

last month hengyuan is behind petronm, now hengyuan alraedy potong petronm

Posted by stockraider > 2022-04-29 19:16 | Report Abuse

Never mind lah!

Just hold steady with Petron....it will perform mah!

Posted by DINGYEH > 2022-04-29 19:50 | Report Abuse

shell v-power vs petron blaze

Posted by aleroe > 2022-04-30 05:52 | Report Abuse

https://www.tradingview.com/symbols/NYMEX-D1N1%21/

Posted by aleroe > 2022-04-30 05:52 | Report Abuse

Highest crack spread of all time

Posted by Diamond7 > 2022-04-30 19:33 | Report Abuse

The engine just started...
Theme play.


Energy n plantation stocks...

Go....go...go.

Posted by Karma4444 > 2022-05-02 23:46 | Report Abuse

Many car move around

Posted by stockraider > 2022-05-03 12:00 | Report Abuse

Good loh!
High profit & div coming mah!

Posted by Karma4444 > 2022-05-03 20:34 | Report Abuse

Many petrol station run out of petrol

Posted by Cakes Moon > 2022-05-04 12:38 | Report Abuse

Hengyuan is a better bet than Petron.

Posted by Karma4444 > 2022-05-04 19:04 | Report Abuse

Petrol station all full

Posted by Johnzhang > 2022-05-05 06:52 | Report Abuse

Crack spread has gone crazy high. PetronM and Hengyuan should go crazy high soon .

Posted by sheldon > 2022-05-05 09:16 | Report Abuse

Whewiiiiitt!!!

Posted by LossAversion > 2022-05-05 09:26 | Report Abuse

Finally, happy!

Posted by dompeilee > 2022-05-05 09:47 | Report Abuse

dompeilee

Bought PetronM @ 4.62 last month. Recommended 2 premium clients since Nov '21.

1 week ago

Pretty amazing!!! Hanging on to each share!

Posted by sheldon > 2022-05-05 10:23 | Report Abuse

Based on past trends, I've noticed that Petron is quick to rise & remains lofty for brief moments & then falls steeply. Let's hope that this time it's different.

Ini kali lah !!

Posted by gemfinder > 2022-05-05 12:44 |

Post removed.Why?

Posted by supersinginvestor > 2022-05-05 14:44 | Report Abuse

Huat ah

Posted by supersinginvestor > 2022-05-05 14:46 | Report Abuse

Limit up lai lai
Lai lai.$$$$

Posted by supersinginvestor > 2022-05-05 14:46 | Report Abuse

Hyperinflation confirmed coming now

Posted by supersinginvestor > 2022-05-05 14:52 | Report Abuse

Lai lai limit up
All clear to go
Huat ah

All in

Posted by supersinginvestor > 2022-05-05 14:53 | Report Abuse

This time all the way...huat ah

Posted by supersinginvestor > 2022-05-05 15:03 | Report Abuse

Energy n plantation rally solid.. i buy
Petronm
Sop
All in huat ah...lai lai

Posted by supersinginvestor > 2022-05-05 15:18 | Report Abuse

This share must limit up at least 2 times

Posted by gemfinder > 2022-05-05 16:04 | Report Abuse

huat ahhh

Posted by upshare > 2022-05-05 16:57 | Report Abuse

petro no have power
behind hengyuan...

Posted by Liposenze > 2022-05-05 17:22 | Report Abuse

Petronm dont hav power maaa……

Posted by supersinginvestor > 2022-05-05 18:09 | Report Abuse

:-0
How much power u want lerr..lol

Posted by Andy Sew > 2022-05-05 19:14 | Report Abuse

Buy in more call warrant before late

Posted by gemfinder > 2022-05-05 21:57 |

Post removed.Why?

Posted by gemfinder > 2022-05-06 09:48 | Report Abuse

sold 6.04. thx. wil buy back

Posted by DINGYEH > 2022-05-06 10:28 | Report Abuse

faster run liao, start drop liao

Posted by DINGYEH > 2022-05-06 10:28 | Report Abuse

faster run liao, start drop liao

Posted by stockraider > 2022-05-06 10:38 | Report Abuse

U get 20 sen div payout at Petron loh!

Posted by supersinginvestor > 2022-05-06 12:11 | Report Abuse

Huat ah petronm

Posted by DINGYEH > 2022-05-06 23:22 | Report Abuse

y sinopec cannot up? the biggest refinery in asia

Posted by virust > 2022-05-07 07:22 | Report Abuse

What happened when crude oil price keep going up?

Upstream O&G – pure upstream player Hibiscs is the first beneficiary in near term and share price already up more than 100%.

Downstream O&G – Hengyuan, PetronM and Petdag started to augur some profit as the rise of oil product spread price. Those share prices up 20 to 50% and need to take note that both Hengyuan and PetronM is pure downstream player.

O&G service provider – Dayang, Waseong, Penergy, Deleum, Uzma, Carimin and RL will be the last beneficiary with promising contract awarded from PETRONAS. Those share prices is on the move.

We are on the USD100++ Crude oil era which happened 10yrs ago couple with high inflation

Posted by DINGYEH > 2022-05-09 00:01 | Report Abuse

support petronm all the way

Posted by hassansulieman > 2022-05-09 00:53 | Report Abuse

Huah ahh!

Posted by subwayzzz > 2022-05-09 12:36 | Report Abuse

why this place still quiet?
Petronm ada RM0.20 dividend gehhhhh