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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

kinfatt999

2,913 posts

Posted by kinfatt999 > 2016-02-26 16:59 | Report Abuse

just 1 day loss 14% dieeeeeeeeeeeeeeeeeeeeeeeeee

boon1515

422 posts

Posted by boon1515 > 2016-02-26 17:02 | Report Abuse

easy, confident, buy and keep and wait for fruit. No confident, sell and see and laugh on ppl that holding it =D. Don't so emo man~

Posted by possible88 > 2016-02-26 17:03 | Report Abuse

bought at high time.. now drop like tis. fainted

Posted by possible88 > 2016-02-26 17:04 | Report Abuse

continue to keep or sell off? seek some advise...thanks

MuttonCurry

1,192 posts

Posted by MuttonCurry > 2016-02-26 17:05 | Report Abuse

fainted ... still ok ... dun commit suicide ... that one more serious woh !

Desa20201956

2,286 posts

Posted by Desa20201956 > 2016-02-26 17:08 | Report Abuse

Hold or sell......

Just sell la.......

Shares is a liquid asset.

$ 4 to $5 range it is too late to sell.

Jeffbkt

132 posts

Posted by Jeffbkt > 2016-02-26 17:14 | Report Abuse

Hi Possible88,
If your entry price is high said now you are at lost more than 10%, I would advice you to cut-lost at least half of your portfolio because any further decline of the share price will cause you to be very worry . Hopefully tomorrow can rebound a bit and you can sell. The otehr half you can be leave there as I see the company prospect is very good. Petro consumption is recession prove and with current malaysia economy, there are not many biz that is as resilient as petro biz.
PetDag also reported poor result in Q4 only 9 sens but because the counter does not have many shorterm investor, the price not really affected. So why cant we give Petronm another Quarter to prove their performance.

Posted by possible88 > 2016-02-26 17:14 | Report Abuse

not till that level to commit suicide..hahaha
what you all think the opening will be on Monday? a bit worry of big drop like today :(

Posted by possible88 > 2016-02-26 17:16 | Report Abuse

jeffbkt many thanks for your kind advise
will seriously think on it during this weekend..no more party :(

Probability

14,490 posts

Posted by Probability > 2016-02-26 17:16 | Report Abuse

people will start digesting the hard facts of SHELL by then.
so then u can predict...

Target888

103 posts

Posted by Target888 > 2016-02-26 17:19 | Report Abuse

Please stop acting like an idiot, Q4 mandatory maintenance is expected, any positive EPS in this Quarter is consider a good result. Summore they declared 20 cents dividend. Today's drop is totally panic selling. Those panic sellers will regret soon. Thank you.

Desa20201956

2,286 posts

Posted by Desa20201956 > 2016-02-26 17:22 | Report Abuse

Shell at PE 2 will stop the rot for now.......


But its obvious Shell at 3 is over valued.

Perhaps the whole refinery is obsolete and to be sold as scrap metal.

And.....look at the accounts, there is a few hundred million $ of derivative assets carried in the balance sheet of the unaudited accounts....


Don't say I didn't warn you.

Desa20201956

2,286 posts

Posted by Desa20201956 > 2016-02-26 17:23 | Report Abuse

Target......go all in Petron, please.

Posted by possible88 > 2016-02-26 17:26 | Report Abuse

meaning to say there is still sunshine for petron, juz the matter of time, right?

Jeffbkt

132 posts

Posted by Jeffbkt > 2016-02-26 17:28 | Report Abuse

I always believe that a company wont simply declare big dividend if they are not confident of the future cash flow. Petron registered positive cash flow of 200K in 2015 and reduce the debt by 400K. It is amazing. I believe today selling is because of the retail investor who are caught buying at high after the stock break the 7.00 resistant as many punters like the breakout. so when price drop below 7.00 this group will start to sell. If fund manager is not accumulating, the price will continue to slide until they finish selling. Most of the retail investor will stay away from this counter for a while or just play rebound. No one want to catch and hold a falling knife.

Desa20201956

2,286 posts

Posted by Desa20201956 > 2016-02-26 17:28 | Report Abuse

There is always sunshine after night.

$4 $5 is fair for Petron.

Desa20201956

2,286 posts

Posted by Desa20201956 > 2016-02-26 17:30 | Report Abuse

Does not matter it is retail or not retail.....the money you receive don't smell different.

Lee Yih Yeong

1,771 posts

Posted by Lee Yih Yeong > 2016-02-26 17:32 | Report Abuse

base on the eps it should be at 9dollar by now. why the big shark keep throw the share down.

Desa20201956

2,286 posts

Posted by Desa20201956 > 2016-02-26 17:35 | Report Abuse

Lee....go all in please.......

$10,000,000 profit is good enough to push up to $9.

Posted by skylifttoptoptop > 2016-02-26 17:39 | Report Abuse

panic selling always give me big chance,
miss lowest but grab some at 5.8x, bang bang bang
will all in monday if doji in the making
happy weekends !

Lee Yih Yeong

1,771 posts

Posted by Lee Yih Yeong > 2016-02-26 17:41 | Report Abuse

something happen by some big shareholders on this ...as mahathir been capture by sprm checking his bank amount.

ruby828

1,000 posts

Posted by ruby828 > 2016-02-26 18:02 | Report Abuse

yah meh? i jus saw him this morning in klcc. so many japanese there too. an open ceremony for a japanese fair in isetan.

kinfatt999

2,913 posts

Posted by kinfatt999 > 2016-02-26 18:18 | Report Abuse

nowdays buy what stock also die

kinfatt999

2,913 posts

Posted by kinfatt999 > 2016-02-26 18:23 | Report Abuse

looks like many people suddenly die on shock

powerup

117 posts

Posted by powerup > 2016-02-26 18:24 | Report Abuse

Buy Bornoil, don't die.

kinfatt999

2,913 posts

Posted by kinfatt999 > 2016-02-26 18:48 | Report Abuse

nowday keep fd better,

powerup

117 posts

Posted by powerup > 2016-02-26 19:12 | Report Abuse

Fd will outperform Petron

YF24

1,224 posts

Posted by YF24 > 2016-02-26 20:15 | Report Abuse

Today is 1st Loser Monday is 1st Gainer : )
7.40 Soon

Junichiro

2,057 posts

Posted by Junichiro > 2016-02-26 20:22 | Report Abuse

The eps should be based on prospective eps & not historical eps. The question is what will be its eps going forward? Can Petron repeat its performance or is it just a one time event?

Probability

14,490 posts

Posted by Probability > 2016-02-26 20:31 | Report Abuse

If one sees and understands SHELL's financial statements, it should be quite apparent by now.... that there is simply no logical arguments available to justify current relative pricing of PetronM & Shell....purely based on Financial statements and their similar business nature.

As such, their pricing are currently contributed 90% by psychology and 10% by facts available.

Suggest people to rest all arguments...unless one can find new not readily available information to share.

Till then we can only wait for the Psychology to melt....and Hard facts to emerge.

greatful

1,644 posts

Posted by greatful > 2016-02-26 21:16 | Report Abuse

up too much! must drop back to 2.00 ++ soon.

powerup

117 posts

Posted by powerup > 2016-02-26 21:20 | Report Abuse

Say half way....$4-5

kinfatt999

2,913 posts

Posted by kinfatt999 > 2016-02-26 21:54 | Report Abuse

just result not so good,make the people panic sell,

Junichiro

2,057 posts

Posted by Junichiro > 2016-02-26 22:27 | Report Abuse

I would say it could correct to $5.00 but it will take time to reach its target. If u look at the charts, Petron formed a double top with candle wicks which means it does not have the momentum to go further up. This is already a warning sign.
To put a setup there is high risk. I may as well buy other counters which have the same upside potential n less risky.
Insiders have a lot of info which we do not have. 2 months have already passed when the results are being announced. What is their performance during these 2 months, we do not know. Those who bought at the early stages have all made money. But to assume investors would buy to the extreme based on EPS is lot logical.
GLS like Petronas D has the support of gomen funds & you can say its PE is expensive. Others may not have.

kinfatt999

2,913 posts

Posted by kinfatt999 > 2016-02-26 22:29 | Report Abuse

petronm under value or overvalue?

kinfatt999

2,913 posts

Posted by kinfatt999 > 2016-02-26 22:31 | Report Abuse

petronm look over value

Junichiro

2,057 posts

Posted by Junichiro > 2016-02-26 22:35 | Report Abuse

The question really is "is the correction over"?

Junichiro

2,057 posts

Posted by Junichiro > 2016-02-26 22:40 | Report Abuse

Put in another way, when the stock exhibits a double top formation, it has reach its full value.

homey

100 posts

Posted by homey > 2016-02-26 22:45 | Report Abuse

only if there is warrant for this counter for me to play with. sighhh

powerup

117 posts

Posted by powerup > 2016-02-26 23:28 | Report Abuse

It's a head and shoulder.

Finished. Kaput, no more.

paperplane2016

21,644 posts

Posted by paperplane2016 > 2016-02-27 02:59 | Report Abuse

14%???omg!

skyz

1,650 posts

Posted by skyz > 2016-02-27 09:21 | Report Abuse

so fast notice head and shoulder formation meh after just 1 day drop? =.=|||

skyz

1,650 posts

Posted by skyz > 2016-02-27 09:23 | Report Abuse

now only suddenly all the TAs come out. why I didnt see anybody mention about the double top formation few days ago before the quarter results was announced. just face the fact, the results is "below expectation" as everybody by default aim at a 20cents+ EPS again this quarter

traderman

7,854 posts

Posted by traderman > 2016-02-27 09:32 | Report Abuse

fart those self claimed TAs. they are shit

kinfatt999

2,913 posts

Posted by kinfatt999 > 2016-02-27 13:32 | Report Abuse

petronm will up soon

leegolasee

101 posts

Posted by leegolasee > 2016-02-27 20:35 | Report Abuse

Going to holland soon

Posted by shazali6609 > 2016-02-27 22:06 | Report Abuse

fair value is rm4 around...beware

Posted by projecti2016 > 2016-02-27 22:44 | Report Abuse

more upside I predict.

princehero

557 posts

Posted by princehero > 2016-02-27 23:22 | Report Abuse

would be similar to shell.. drop for another 1-2 days n then rebound n around the price...can't really trade ...dangerous..

Posted by Mohd Fahmi Bin Jaes > 2016-02-27 23:24 | Report Abuse

correct

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