Posted by Johnchew5 > 2024-08-16 10:30 |

Post removed.Why?

Posted by Johnchew5 > 2024-08-16 10:33 |

Post removed.Why?

Posted by Sslee > 2024-08-16 10:33 | Report Abuse

Me in Petronm forum to give informations
Is cheap people Mike-tikus come to Petronm forum to seek attention?

Posted by Johnchew5 > 2024-08-16 11:04 |

Post removed.Why?

Posted by Johnchew5 > 2024-08-16 11:07 |

Post removed.Why?

Posted by Johnchew5 > 2024-08-16 18:15 |

Post removed.Why?

Posted by allaboutvalue > 2024-08-17 11:50 | Report Abuse

All i could say the info Sslee provided are helpful

Posted by jomvalueinvest2 > 2024-08-19 16:05 | Report Abuse

Crack spread for refinery is increasing ?

Posted by speakup > 2024-08-19 18:37 | Report Abuse

How u know?

Posted by jomvalueinvest2 > 2024-08-22 19:37 | Report Abuse

I dnt know. That's y I asked

Posted by aklobi > 2 months ago | Report Abuse

Bought Petronim today @4.41

Posted by jomvalueinvest2 > 2 months ago | Report Abuse

Buy during weakness 😁
https://www.eia.gov/finance/markets/products/prices.php

Posted by sheldon > 2 months ago | Report Abuse

Thursday is usually results day for Petron. Good, Expected or Bad?
Where's our genuis who can work out Malaysian's performance from Phillippine parent?

Posted by Sslee > 2 months ago | Report Abuse

Repost
Posted by Sslee > Aug 15, 2024 3:55 PM | Report Abuse X
Petron corp q2 end 31/06/24 result out:
Peso million
Net income: 2,090
Attributable to:
Equity holders of parent company: 2,045
Non controlling interest: 45

Since Petron corp hold 73.4% Petronm hence
Petronm income = Peso 45/0.266 =169.17 million
AT 30/6/24 1 RM =12.4 Peso
Q2 net profit= RM169.17/12.4= RM 13.64 million

Posted by speakup > 2 months ago | Report Abuse

There's the Genius!

Posted by sheldon > 2 months ago | Report Abuse

TQ Sslee.
What rotten results!

Posted by Learner68 > 2 months ago | Report Abuse

Thanks to SsLee for the analysis.

Posted by jomvalueinvest2 > 2 months ago | Report Abuse

Just as I thought after HengYuan released its QR ...

Posted by sheldon > 2 months ago | Report Abuse

Although the Profit had dropped significantly i.e. half year from 149m to 83m and quarterly from 40m to 13m, I can't seem to clearly figure from their explanation as to why. Is it bad English or BS?

Posted by jomvalueinvest2 > 2 months ago | Report Abuse

They didn't explain in detail, apparently

Posted by aklobi > 2 months ago | Report Abuse

Bought more @4.30 today

Posted by AzlanIshtiqal > 2 months ago | Report Abuse

Sy tunggu RM4 baru hentam ...

Posted by mf > 2 months ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

40,345.41

-410.34

1.00%

Nasdaq

NASDAQ Composite

16,690.83

-436.82

2.55%

Posted by sheldon > 2 months ago | Report Abuse

AzlanIshtiqal - tak makan ka?

Posted by allaboutvalue > 2 months ago | Report Abuse

Two sinochem oil refineries declared bankrupt as margins plunge

https://theedgemalaysia.com/node/726927

Posted by StarOfTheBull > 1 month ago | Report Abuse

This one follows Hengyuan. Better take profit and run.

Posted by mf > 1 month ago | Report Abuse

U.S. crude oil jumps more than 3%, closes above $77 as market waits for Israel strike against Iran
Published Mon, Oct 7 20247:20 AM EDTUpdated 2 Hours Ago

Posted by Income > 1 month ago | Report Abuse

Makan

Posted by allaboutvalue > 1 month ago | Report Abuse

BP says weak refining margins to hit Q3 profit

https://www.thestar.com.my/business/business-news/2024/10/11/bp-says-weak-refining-margins-to-hit-q3-profit

Posted by mf > 1 month ago | Report Abuse

Crude Oil WTI
Nov 24 71.22 72.12 70.75 -2.61 -3.54%
02:57:51
Copper
Dec 24 4.3505 4.4115 4.3432 -0.0532 -1.21%
02:57:49
Brent Oil
Dec 24 74.75 75.70 74.25 -2.71 -3.50%

Posted by Sslee > 1 week ago | Report Abuse

Sslee Petron corp q3 end 30/09/24 result out:
Peso million
Net income: 1,086
Attributable to:
Equity holders of parent company: 1,071
Non controlling interest: 15

Since Petron corp hold 73.4% Petronm hence
Petronm income = Peso 15/0.266 =56.39 million
AT 30/9/24 1 RM =13.57 Peso
Q3 net profit= RM56.39/13.57= RM 4.16 million

Posted by Johnchew5 > 1 week ago | Report Abuse

Hoho Kon Lee still promoting ke … recalled promoted Hengyuan n Petronm at RM 7.0 with Crack Spread Wayang .. actor : Kon gang from Tunepro n Netx with aka id …. Average down Petronm at RM 4.60 ke …

Btw how is yr Jtiasa ???

Posted by princehero > 2 days ago | Report Abuse

Sslee.. thanks ya.. ur calculation is accurate 👍

Posted by sheldon > 1 day ago | Report Abuse

Thanks Sslee.
Now we've to put up with all the BS from management as to why they churn out (consistently if I may add) such rotten results. To make up for the shortfall of profits, perhaps the management should consider selling and realising gains from some of its assets so that we can be paid decent dividends.

I'd like to see some heads roll. We're not running a social club here.