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Last Price

4.62

Today's Change

+0.14 (3.12%)

Day's Change

4.50 - 4.70

Trading Volume

1,325,300


10 people like this.

19,327 comment(s). Last comment by StarOfTheBull 1 day ago

skyz

1,650 posts

Posted by skyz > 2016-02-26 11:43 | Report Abuse

tmrw wont drop la 晓雨霖, tmrw Saturday. lol

skyz

1,650 posts

Posted by skyz > 2016-02-26 11:44 | Report Abuse

hng, should have waited a bit longer like u. hehehe, i sold off at 6.03 de just now T.T

Posted by moneymoneycome > 2016-02-26 11:45 | Report Abuse

the price range is very huge today... hmm... can't see its direction...

晓雨霖

1,680 posts

Posted by 晓雨霖 > 2016-02-26 11:47 | Report Abuse

@skyz soory forget 2morow sat

smoking

90 posts

Posted by smoking > 2016-02-26 12:20 | Report Abuse

Condolences to fallen comrades...

kahhoeng

3,946 posts

Posted by kahhoeng > 2016-02-26 12:26 | Report Abuse

hng33, you are very GENG!!! Respect

paperplane2016

21,644 posts

Posted by paperplane2016 > 2016-02-26 12:27 | Report Abuse

12%

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2016-02-26 13:06 | Report Abuse

Sell before too late.......oil crude will drip back to 25 per barrel......

Posted by Ktesen Kean Teong Ng > 2016-02-26 13:14 | Report Abuse

Guys, you all took profit for contra gain d?

kinfatt999

2,913 posts

Posted by kinfatt999 > 2016-02-26 13:14 | Report Abuse

petronm long term will be petronas

The One

2,949 posts

Posted by The One > 2016-02-26 13:16 | Report Abuse

The counter is being supported now from falling knife.. but it may not be long. Revenue is lower and profit is only 10% of the previous QR. Way below expectations. Monitor closely and buy on weakness. Gudluck everyone.

powerup

117 posts

Posted by powerup > 2016-02-26 13:44 | Report Abuse

Why are all the sifus who promote the stock at $7?

$10 target? 20?

Next time, don't promote stocks you know nothing about.

Refineries to make a lot of money on low oil price.......two good quarters already.....


But shallow as hell.

kahhoeng

3,946 posts

Posted by kahhoeng > 2016-02-26 13:45 | Report Abuse

Please lah, even though I no longer hold Petron, I also realize that Petron's drop in sales are due to (1) lower crude oil price and (2) mandatory shut down! Otherwise, the result is commendable. In addition, Petron result also shows that refinery + gas stations offer a more stable operation by comparing Shell Refinery's 3rd quarter 2015 report with Petron's 4th quarter 2015 report.

We as investors should really do some basic studies before commenting and not spread nonsense news!

nekosan

3,637 posts

Posted by nekosan > 2016-02-26 14:08 | Report Abuse

yeah. some smart ass simply compare petronm with petdag and said petronm under value. they forgot petdag is a index stock and big funds will buy it

hng33

20,342 posts

Posted by hng33 > 2016-02-26 14:47 | Report Abuse

Bought back petron at 6.08-6.10

stockraider

31,556 posts

Posted by stockraider > 2016-02-26 14:48 | Report Abuse

The drop Petron is partly due to switch from Petron to Shell, after result announce, it appear that shell is even more undervalue at PE 1X mah!!.

Of course...Pet Dag....is the most overvalue stock when compare to Petron and Shell mah....!!

Even Pet Dag is an index stock....does not justify the higher valuation and Pe of staggering 31x loh....!!

lowprofile

219 posts

Posted by lowprofile > 2016-02-26 14:54 | Report Abuse

i dont understand why ppl expect a EPS above 20cents when there is a schedule maintenance in 4th Q, it is just like PETDAG... anyway i have collected more...

zamsaham

778 posts

Posted by zamsaham > 2016-02-26 14:56 | Report Abuse

kinfatt999 petronm long term will be petronas
26/02/2016 13:14

----- this guy is retard -----

Lee Yih Yeong

1,771 posts

Posted by Lee Yih Yeong > 2016-02-26 14:58 | Report Abuse

why it drop so much, what i see is this company profit from last year quaters.

Posted by longkanginvestor > 2016-02-26 14:58 | Report Abuse

Many ppl forgot it was closed for 40days...so it was operating only about half the duration for the last q..that alone they are still able to generate
Eps 6c..go figure

晓雨霖

1,680 posts

Posted by 晓雨霖 > 2016-02-26 15:17 | Report Abuse

laosai

lowprofile

219 posts

Posted by lowprofile > 2016-02-26 15:23 | Report Abuse

I have already reminded fayeTan about the maintenance issue when the time he/she sharing his/her blog "How much will PETRONM make in 4QFY15? Fair Value is RM10" which expecting a EPS that above 20cents in this 4Q. Nonetheless, i personally think this is still a good counter to hold with coming 20cent div. Happy investing all.


lowprofile fayeTan, there's expected to be a Maintenance Cost (supposedly) which might impact coming quarter report... any comment on this part?
16/02/2016 16:45

jonbravo

428 posts

Posted by jonbravo > 2016-02-26 15:25 | Report Abuse

JONBRAVO SUGGEST HOLD

晓雨霖

1,680 posts

Posted by 晓雨霖 > 2016-02-26 15:29 | Report Abuse

petronm go holland otw

hng33

20,342 posts

Posted by hng33 > 2016-02-26 15:31 | Report Abuse

Bought back more 6.02-6.03

Junichiro

2,057 posts

Posted by Junichiro > 2016-02-26 15:35 | Report Abuse

Petron has probably completed its impulse waves n is embarking on its first corrective wave down. Traders make $$ when they play the impulsive waves but lost back their $$$ when they play the corrective waves. Beware.

kinfatt999

2,913 posts

Posted by kinfatt999 > 2016-02-26 15:57 | Report Abuse

what happen on petronm, 1day loss 14%

Probability

14,490 posts

Posted by Probability > 2016-02-26 16:03 | Report Abuse

follow the facts (SHELL)
leave behind the psychology (PETRONM).

kinfatt999

2,913 posts

Posted by kinfatt999 > 2016-02-26 16:04 | Report Abuse

cannot be, shell alots bad debts, petronm few debts

Probability

14,490 posts

Posted by Probability > 2016-02-26 16:05 | Report Abuse

DEBT is a DOUBLE EDGED SWORD.

kinfatt999

2,913 posts

Posted by kinfatt999 > 2016-02-26 16:08 | Report Abuse

today petronm is top 1 loser

Probability

14,490 posts

Posted by Probability > 2016-02-26 16:08 | Report Abuse

most important is the direction..note SHELL had renewed its loan.
its cash flow is fantastic due unreasonably high depreciation.

Petronm is at 'bloomed' stage.
SHELL...u r only seeing the 'bud' now.

Junichiro

2,057 posts

Posted by Junichiro > 2016-02-26 16:08 | Report Abuse

If u want to search for a reason, u can never find one. Some big funds which have bought earlier is cashing out. They are converting their paper profits into cold cash. For the joys of investment is in the selling.

nekosan

3,637 posts

Posted by nekosan > 2016-02-26 16:08 | Report Abuse

kinfatt999, nothing happen ... is ok ... is ok ... continue buy

kinfatt999

2,913 posts

Posted by kinfatt999 > 2016-02-26 16:10 | Report Abuse

now my heart is feel like heart attack

kinfatt999

2,913 posts

Posted by kinfatt999 > 2016-02-26 16:10 | Report Abuse

no eyes see d

hng33

20,342 posts

Posted by hng33 > 2016-02-26 16:11 | Report Abuse

Bought back last batch petro at 5.94-5.95

kinfatt999

2,913 posts

Posted by kinfatt999 > 2016-02-26 16:11 | Report Abuse

yesterday many people buy at 7.00, suddenly boooooommmm all die

nekosan

3,637 posts

Posted by nekosan > 2016-02-26 16:13 | Report Abuse

because they thought when petronm drop from 7.2 to 7.0, it is a huge discount

Probability

14,490 posts

Posted by Probability > 2016-02-26 16:13 | Report Abuse

that's when u have to start seeing clearly
remove ur ego..

raptor

23 posts

Posted by raptor > 2016-02-26 16:16 | Report Abuse

very common human view, if compared current was not as good as previous it will lose confident....

Probability

14,490 posts

Posted by Probability > 2016-02-26 16:19 | Report Abuse

its not about comparing the previous...
its about comparing to another CLEARLY BETTER investment.

this is called 'relativity' theory.

leegolasee

101 posts

Posted by leegolasee > 2016-02-26 16:20 | Report Abuse

Ya. Should see the performance for whole year.

Probability

14,490 posts

Posted by Probability > 2016-02-26 16:24 | Report Abuse

shd see where is the difference between this two business.

ruby828

1,000 posts

Posted by ruby828 > 2016-02-26 16:26 | Report Abuse

now can buy??

ruby828

1,000 posts

Posted by ruby828 > 2016-02-26 16:26 | Report Abuse

why today drop so much?

MuttonCurry

1,192 posts

Posted by MuttonCurry > 2016-02-26 16:27 | Report Abuse

Bocoz a lot of stupid ppl shiok sendiri.

Lee Yih Yeong

1,771 posts

Posted by Lee Yih Yeong > 2016-02-26 16:27 | Report Abuse

they said oil drop means good for petron? but now petron became dropton ...

powerup

117 posts

Posted by powerup > 2016-02-26 16:31 | Report Abuse

Don't know don't simply buy.

People don't know what they don't know.

Two quarters of profits.....they think they know Petron

ruby828

1,000 posts

Posted by ruby828 > 2016-02-26 16:50 | Report Abuse

today buying nothing, sell nothing.....headache le.....

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