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Last Price

4.23

Today's Change

+0.03 (0.71%)

Day's Change

4.20 - 4.27

Trading Volume

18,800


10 people like this.

19,333 comment(s). Last comment by princehero 7 hours ago

Posted by AzlanIshtiqal > 2023-03-07 16:56 | Report Abuse

Masih blh melabur dlm syarikat O&G di Malaysia

RWG

1,051 posts

Posted by RWG > 2023-03-08 15:26 | Report Abuse

tunggu tunggu sampai skrang tak naik lagi

Posted by AzlanIshtiqal > 2023-03-10 17:37 | Report Abuse

Perlu sabar sikit...suasana goreng tak panas sgt skrg

RWG

1,051 posts

Posted by RWG > 2023-03-15 19:24 | Report Abuse

stay away from market until next year

Posted by AzlanIshtiqal > 2023-03-16 12:57 | Report Abuse

lebih patutnya adalah elakkan aktiviti goreng saham...

Posted by AzlanIshtiqal > 2023-03-17 14:41 | Report Abuse

Boleh kata Petronm lebih mantap daripda HY. Terus pegang dan tunggu ia naik sampai RM5

subwayzzz

1,063 posts

Posted by subwayzzz > 2023-03-21 16:14 | Report Abuse

lepas 31hb bulan ni, kemungkinan harga saham akan naik

Posted by AzlanIshtiqal > 2023-03-24 15:12 | Report Abuse

@subwayzzz. Oleh sebab Ramadan?

Posted by searchingmoney > 2023-03-24 17:02 | Report Abuse

minta petronm buat petrol promotion... see harga saham naik tak

subwayzzz

1,063 posts

Posted by subwayzzz > 2023-03-28 10:17 | Report Abuse

sebab 31hb adalah hari terakhir Q1, jadi kemungkinan laporan Q1 akan dikeluarkan pada bulan Mei akan mencatatkan keuntungan. Jangan lupa juga, Petron pun akan mengisytiharkan dividen 25sen lepas mesyuarat am tahunan

subwayzzz

1,063 posts

Posted by subwayzzz > 2023-03-29 10:34 | Report Abuse

bang non kurang steady la cam ni....

subwayzzz

1,063 posts

Posted by subwayzzz > 2023-03-29 13:40 | Report Abuse

eh? harga RON95 kekal tapi diesel naik

Posted by AzlanIshtiqal > 2023-04-03 17:23 | Report Abuse

Bagus, Petronm dah memecah RM4.50. Tunjuk uptrend

Diamond7

2,374 posts

Posted by Diamond7 > 2023-04-04 14:22 | Report Abuse

KUALA LUMPUR (April 4): The 1.66 million barrels per day (bpd) "voluntary" output cut by the Organization of the Petroleum Exporting Countries and its allies (Opec+) was a positive surprise, as the market was expecting the status quo to remain, said Maybank Investment Bank Bhd (Maybank IB).

In a note on Tuesday (April 4), Maybank IB said that Opec+ had continued to play its role as a formidable swing producer, and remained a very much disciplined pact collectively.

“We are keeping our oil price forecast unchanged at US$100 a barrel (bbl) (dated Brent crude) for 2023, with an upside bias.

“Oil prices could sustain above US$100 per bbl should Opec+ take a stand to see an elevated oil price policy over higher output.

Diamond7

2,374 posts

Posted by Diamond7 > 2023-04-04 14:23 | Report Abuse

Petronm

Hopefully another record profit for year 2023

Posted by AzlanIshtiqal > 2023-04-06 15:20 | Report Abuse

Petronm telah mencapai RM18 billion dlm revenue utk tahun 2022. Tahun 2023 pula, mungkin RM16 - 17 billion saya rasa

Posted by AzlanIshtiqal > 2023-04-17 17:29 | Report Abuse

tunggu Petronm naik tinggi semasa menyampaikan keputusan Q1

Posted by AzlanIshtiqal > 2023-04-18 15:20 | Report Abuse

Harga crack spread mula turun secara beransur-ansur sejak bulan ni ...

Diamond7

2,374 posts

Posted by Diamond7 > 2023-04-24 18:06 | Report Abuse

Will Petronm announced the ex dividend date end of April?

Can Petronm suddenly announced bonus issues in view of it's good profits n high NTA value?

sheldon

1,423 posts

Posted by sheldon > 2023-04-27 04:14 | Report Abuse

Strange - Despite high NTA, low PE & high Dividend yield, the price is low. Some kind of twilight zone happening here!

Any views as to how we will perform in Q1?
A. Loss
B. < 50m profit
C. 50-100m profit
D. > 100m profit

Come on let's have some fun counting the chickens before they hatch!

Jerichomy

4,346 posts

Posted by Jerichomy > 2023-05-14 22:25 |

Post removed.Why?

kebling98

317 posts

Posted by kebling98 > 2023-05-15 08:02 | Report Abuse

Petron likely gains about 90m +++
Share price should climb to above 5
guessing petron no siok lah
Everyone can find out via petron phi mah
Hengyuan much hard to guess
Always big surprise

kebling98

317 posts

Posted by kebling98 > 2023-05-15 08:28 | Report Abuse

Net income attributable to parents is 3038million in peso
Petron will report juicy result this week
Hengyuan next week

Refinery company need low crude price , high crack to make money one
Low crude means low insurance charge , low handling fees , low financial cost loh


sheldon

1,423 posts

Posted by sheldon > 2023-05-16 11:00 | Report Abuse

I hope you're right kebling98 but the market seem to suggest otherwise. Maybe the market is not efficient enough

kebling98

317 posts

Posted by kebling98 > 2023-05-19 23:52 | Report Abuse

Habis reading quarter report of Petron Corporation
Petron first Q profits minimum 100m for sure
Share price nii big promotion loh

Bursa
Msc
Petron
Solarvest
Ytl
TENAGA

Go go go

kebling98

317 posts

Posted by kebling98 > 2023-05-19 23:58 | Report Abuse

Highlights of the first quarter performance were as follows:
Consolidated Sales Volume was up by 11% to 28.59 million barrels (MMB) versus 25.67 MMB in the same period last year. Except for exports, all Sales Trade posted improvements from the growing fuel demand. Commercial sales grew owing to the rebound in the aviation sector as more countries lifted their COVID-19 quarantine protocols. Retail sales also continued its recovery resulting from the increased mobility in both Philippines and Malaysia
Net Sales rose by 10% to P= 188.75 billion primarily from the growth in sales volume. Meanwhile, the effect of lower benchmark Dubai average from USD95.56/bbl in 1Q 2022 to USD80.32/bbl this year was partially offset by the depreciation of the peso against US dollar from P= 51.54/USD to P= 54.84/USD.
Similarly, Cost of Goods Sold increased by 10% to P= 176.72 billion from higher sales volume. While commodity prices softened this year, the strong regional refining cracks were sustained improving gross profit by P316 million to P= 12.04 billion from =P 11.72 billion last year
Selling and Administrative Expenses was 10% higher at P= 4.01 billion as against P3.64 billion in the 1Q last year due to the increase in maintenance and repairs at the service stations, terminals, and IT-related assets and LPG cylinder purchases.
Other Operating Income increased to P= 394 million from P= 351 million attributed to higher rental income.

abc333

1,534 posts

Posted by abc333 > 2023-05-22 09:29 | Report Abuse

Dividend 0.25 in June , fantastic results just around the corner, why sell?

abc333

1,534 posts

Posted by abc333 > 2023-05-22 09:32 | Report Abuse

No reason to sell at this point. Petron Corp share price is now in 52 weeks high. surging from 2.5 to 3.5 . Petron M is lag behind

subwayzzz

1,063 posts

Posted by subwayzzz > 2023-05-22 13:35 | Report Abuse

i think it's geopolitical factor. Ph is inclined towards US, hence upward price move.

Eden__lee

12 posts

Posted by Eden__lee > 2023-05-22 22:15 | Report Abuse

hi kebling98, really appreciate your sharing.

Eden__lee

12 posts

Posted by Eden__lee > 2023-05-22 22:22 | Report Abuse

I notice that the interest expense of petron corporation is increased but I think interest expenses will less effect to petron malaysia because petron malaysia debts is denominated at RM and interest rate is lower.

Eden__lee

12 posts

Posted by Eden__lee > 2023-05-22 22:24 | Report Abuse

maybe petron malaysia will perform better than expect due to lower interest expense compare with petron coporation.

Diamond7

2,374 posts

Posted by Diamond7 > 2023-05-23 12:44 | Report Abuse

Petronas Dagangan up up...
Petronm will follow soon...
Both petrol stations will have good profits....no more COVID

sheldon

1,423 posts

Posted by sheldon > 2023-05-23 21:13 | Report Abuse

Reading the recent comments, there are great expectations. I hope will not be met by great disappointment. Oddly though, it does not reflect in the share price which is trading in one of the lowest PE in the market.

abc333

1,534 posts

Posted by abc333 > 2023-05-24 10:43 | Report Abuse

Investor cant forget horrible result last year. who dare to buy before the QR? Many still expecting very poor result

sheldon

1,423 posts

Posted by sheldon > 2023-05-25 10:17 | Report Abuse

Despite Kebling98's conviction that profits will > 100m for the quarter, I've my doubts.
If that is so then why is the PE only a shade above 4 & NTA almost double?

Are the markets not efficient? Are there many ill-informed investors who have yet to spot this gem? ---- Unlikely!

subwayzzz

1,063 posts

Posted by subwayzzz > 2023-05-25 10:22 | Report Abuse

bursa malaysia market is not efficient at all. when global market is up, BM is up a little, when global market is down, the down becomes amplified.

hng33

20,502 posts

Posted by hng33 > 2023-05-25 12:00 | Report Abuse

bought petron at 4.50

abc333

1,534 posts

Posted by abc333 > 2023-05-25 12:20 | Report Abuse

If the profit s is 100m+, share price should be above 5 . hope the good result is company with debt ceiling issue solve

hng33

20,502 posts

Posted by hng33 > 2023-05-25 12:33 | Report Abuse

Estimate petronM Q1 Eps around 40sen

hng33

20,502 posts

Posted by hng33 > 2023-05-25 14:27 | Report Abuse

Petron Corp Q1 result, the non-control interest profit is Peso 361m. The non-control interest profit refer to 26.6% non-control interest in Petron Malaysia. Therefore in total full Petron Malaysia profit should be
100% /26.6% = 3.76
3.76 x Peso 361m = Peso 1357m
Peso 1357m x conversion rate 0.08 = RM 108.6m (Q1 EPS = 40.2sen)

sheldon

1,423 posts

Posted by sheldon > 2023-05-25 15:01 | Report Abuse

hng33 - that's very clever of you! I'm an accountant myself albeit a half-baked but a skeptical one.

Based on your calculation, I checked against the corresponding figure of 350 Peso for 31 Mar 2022 results & it corresponded with the published results of Mar 2022. Kudos! Now waiting with much anxiety our actual quarterly results.

Posted by FinanceInRealLife > 2023-05-25 17:53 |

Post removed.Why?

VincentTang

1,228 posts

Posted by VincentTang > 2023-05-25 18:16 | Report Abuse

Just announce latest quarter result with net profit 108.727 Mils and EPS 40.30. Forward PE just 2.79. Outstanding result. Gap up tomorrow.

sheldon

1,423 posts

Posted by sheldon > 2023-05-25 20:37 | Report Abuse

hng33 - you were spot on!!!!!

How do you think market will react tomorrow? I personally think although great results, it'll be fairly muted given the political uncertainties.

RWG

1,051 posts

Posted by RWG > 2023-05-25 22:22 | Report Abuse

klci cannot play, some ppl push up, many take profit like mad

kebling98

317 posts

Posted by kebling98 > 2023-05-25 22:23 | Report Abuse

Dividend 0.25 plus eps 0.4
Share price go to the moon ok boh?

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