Hahahaha, Petronm just need to earn 100+ million to get EPS of 40 cents. So if Q2 earn 300 million what will be the EPS Glove earn billion but what is the EPS?
Petron will earn net profit in the tune of $310 to $380 mil in Q2 2022. Should crack spread average usd20/bbl for full year , Petron will earn OVER $1 bil net profit. And no of share is only 270 mil . You don’t have to believe this .
Equating glove sector to oil refinery is real stupig . You must have experienced ghost in glove and now seeing ghost everywhere and all the time . No medicine can cure you.
—————————————— botakpang2 posted : This is call atogant stupaid. Kakakaka. Same old story for gloves last time. All said vacine not working la, high asp la. Plantation oso. High cpo px la due to war. Bla bla bla. How is the plantation counter now? Kakakaka
When I started accumulating Petron back in Jan/Feb at $4.40. -$4.70, you were still day dreaming and sucking the bottle. Go and check when I started talking about this share in this forum. Don’t have pretend you are smart when you actually have no substance at all . Btw , I am also very big in mid and small cap plantations like Bplant and MPHB capital too. Also ,go and check when I started posting in the respective forum and compare the prices between then and now. ———————————- botakpang2 posted: All holding at high px giving all sort of excuse to comfort themselves. In d end, left in a sinking boat into indian ocean. Kakakaka
@botakpang2 baby, Didn’t you see my below posting in HY forum as far back as Feb 2022? Am I chasing HY at $7 plus? Go on sucking the milk bottle lah . Hehehe… ———— Posted by Johnzhang > 2022-02-14 21:15 | Report Abuse
Crack spread is near record high , growing demand for refined products from reopening, oil price inching higher , etc , are good enough reasons for me to add position in PetronM and Hengyuan . I am convinced they will pay off very well eventually.
Petron is going to make eps Rm 1.20 to Rm 1.60 per share mah! Not so low eps as sifu mentioned loh! Posted by Sslee > 16 hours ago | Report Abuse
Hahahaha, Petronm just need to earn 100+ million to get EPS of 40 cents. So if Q2 earn 300 million what will be the EPS Glove earn billion but what is the EPS?
Not long ago some said CPO prices can stay at high level for a long long time due to supply shortage. To plant new palm trees now hv to wait 5 to 6 years then only can see the fruits...
Meanwhile, most plantation counters prices hv drops easily 20% to 30% fm their peaks few months ago
Always remember this & be realistic mah! Bplant can play attack & defense loh! Even if CPO fell to Rm 5000, this price still give plantation owner a very high margin & they still can laugh all the way to the bank loh!
Even if it drop to Rm 3,000 to Rm 4,000 there are still ample value of valuable land to support its share price above rm 1.10 loh!
Correct mah!
Bplant beside just good cashflow & profits has strong undervalue assets & land banking mah!
Most importantly it share good dividend with minority shareholders mah!
Bplant beside just good cashflow & profits has strong undervalue assets & land banking mah!
Most importantly it share good dividend with minority shareholders mah!
Plantation is the sector u can stay longterm as it accord food production & capital preservation from inflation thru its cheap landbank mah! Posted by CharlesT > 1 minute ago | Report Abuse
Sslee, how much is CPO price now? Rm6k+?
Not long ago some said CPO prices can stay at high level for a long long time due to supply shortage. To plant new palm trees now hv to wait 5 to 6 years then only can see the fruits...
Posted by CharlesT > 1 minute ago | Report Abuse
Sslee, how much is CPO price now? Rm6k+?
Not long ago some said CPO prices can stay at high level for a long long time due to supply shortage. To plant new palm trees now hv to wait 5 to 6 years then only can see the fruits...
Meanwhile, most plantation counters prices hv drops easily 20% to 30% fm their peaks few months ago
CharlesT
13,208 posts
Posted by CharlesT > 14 seconds ago | Report Abuse
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
The St. Goreng
1,314 posts
Posted by The St. Goreng > 2022-06-10 12:30 | Report Abuse
both also weak la both HY and Petron weak AF