Posted by stockmanmy > 2016-05-25 10:05 | Report Abuse

yes, EPS should up from here.
yes quarter affected by higher cost of sales ...next Q will reverse. with rising product prices.

Posted by kinfatt999 > 2016-05-25 10:07 | Report Abuse

stock really shit game, got earn money also down, lost money also down ,

Posted by hng33 > 2016-05-25 10:10 | Report Abuse

Bought back again Petron at 4.47-4.49

Posted by kinfatt999 > 2016-05-25 10:11 | Report Abuse

if next quarter result again drop. dielah

Posted by stockmanmy > 2016-05-25 10:14 | Report Abuse

this company results always high fluctuations.

Posted by RainT > 2016-05-25 10:17 | Report Abuse

Dividend 20 cents

Posted by BeRealistic > 2016-05-25 10:18 | Report Abuse

i told last month...q results not good due to higher material cost as world oil price is increasing from 35 to 49 now. next q lagi teruk ...april may n coming june our petrol n diesel price should up at least 30 sen but now still 1.70 for petrol price. your cost of production already up a lot but government said u still have to sell at 1.70 price otherwise last month n upcoming month election i will kalah teruk....be realistic

Posted by kinfatt999 > 2016-05-25 10:19 | Report Abuse

just hold only, what to do? already stuck

Posted by kinfatt999 > 2016-05-25 10:25 | Report Abuse

now sell , lose alot, wait for 2-3 years

Posted by hng33 > 2016-05-25 10:31 | Report Abuse

More support kick in, bargaining

Posted by Mat Cendana > 2016-05-25 10:47 | Report Abuse

@RainT There's a dividend? This has been a total "tembak" for me, simply jumping in without doung enough research. I haven't even read the quarter report yet. But if this 20 sen is true, I think I'm going to keep this for a while.

Posted by projecti2016 > 2016-05-25 10:48 | Report Abuse

Faint

Posted by hng33 > 2016-05-25 10:50 | Report Abuse

YES, keep pare down loss....:D)

Posted by Mgician > 2016-05-25 10:55 | Report Abuse

Rebound

Posted by hng33 > 2016-05-25 11:00 | Report Abuse

hahahaha

Posted by kinfatt999 > 2016-05-25 11:01 | Report Abuse

no worry , petron boss said, he will push up the price

Posted by kinfatt999 > 2016-05-25 11:18 | Report Abuse

no worry up back d,

Posted by hng33 > 2016-05-25 11:19 | Report Abuse

YESS, above RM 4.70 now

Posted by Mgician > 2016-05-25 11:22 | Report Abuse

Bck to 5 soon

Posted by Mgician > 2016-05-25 11:26 | Report Abuse

Can hold till dividend..lol

Posted by possible88 > 2016-05-25 11:26 | Report Abuse

no eye see.............really no eye see............

Posted by hng33 > 2016-05-25 11:27 | Report Abuse

Sold back at 4.75, reap second round of handsome fast contra profit

Posted by AllWin > 2016-05-25 11:35 | Report Abuse

hng33, you are really contra king. Bravo.

Posted by Mat Cendana > 2016-05-25 11:43 | Report Abuse

Phew! This is going well right now. Thanks to @hng33 too, because seeing him entering gave me courage :-) But I'm not clear about the said dividend. Haven't checked yet. This might end up being a genuine investment for me, not trade.

Posted by Mohd Fahmi Bin Jaes > 2016-05-25 11:45 | Report Abuse

sell

Posted by hng33 > 2016-05-25 11:56 | Report Abuse

Wait for weakness back to re-enter again, keep rolling

Posted by shazali6609 > 2016-05-25 12:05 | Report Abuse

alredy ask you guys saw last quarter at around 6..
now hard already...i think alot of ppl stuck here, not easy to back to glory day...

Posted by RainT > 2016-05-25 13:19 | Report Abuse

Yes have dividend 20 cents
Ex date is 8 June
So dividend yield now is about 4%
Better than fixed deposit rate

Posted by kinfatt999 > 2016-05-25 13:23 | Report Abuse

happy about 20sen dividen??? we all terrible stuck at high price, today already drop 60 sen,

Posted by Mgician > 2016-05-25 13:26 | Report Abuse

kinfatt 999.. mind to know how much u bought last time ?

Posted by kinfatt999 > 2016-05-25 13:37 | Report Abuse

terrible lah, 7.00 greedy

Posted by kinfatt999 > 2016-05-25 13:38 | Report Abuse

but at phillipines petron earn big money

Posted by Mgician > 2016-05-25 13:40 | Report Abuse

kinfatt999.. u bought between Feb to Mar ? hold until now ?

Posted by cooling > 2016-05-25 13:40 | Report Abuse

oil price already up...next shell in the making..

Posted by kinfatt999 > 2016-05-25 13:41 | Report Abuse

now malaysian biz all down, digi,umw, genting, all down, all sector in malaysia down, economy cant move at all

Posted by kinfatt999 > 2016-05-25 13:42 | Report Abuse

i also forget when i bought, i only know i buy at 7.00

Posted by kinfatt999 > 2016-05-25 13:43 | Report Abuse

i follow people buy, many buy at RM6-7, now all die lo

Posted by kinfatt999 > 2016-05-25 13:44 | Report Abuse

people said low crude oil can boost petronm , tipu lah, at feb oil price low as 27 perbarrel , also can make big earning,

Posted by cooling > 2016-05-25 13:56 | Report Abuse

klse i3 is full of sinkalan...be very careful...like aax...they tell u today gap up...those who chase die hard

Posted by RainT > 2016-05-25 13:57 | Report Abuse

I don't own petrom yet Haha
So now lowest price is good entry point n can get dividend as well

Posted by cooling > 2016-05-25 14:01 | Report Abuse

with this kinda results and weak sentiment...more downside to come..won't risk just for that miserable 200 bucks..

Posted by Mat Cendana > 2016-05-25 14:05 | Report Abuse

I've just gone to check the announcements at Bursa Malaysia's website (normally I'd do research first, then buy. But today is an exception - extraordinary situation). YES, there is a 20 sen dividend. This is from the 2015 financial year. AGM to approve this is on 2 June. Ex. Date for the dividend is 8 June.

I think I'll stick around instead of taking a quick contra profit. Maybe wait for the next quarter results in three months. The recently reported results might be one-off. This is an attractive company. Unlike Shell, Petron Malaysia isn't just about the refinery business. It includes the retail side. Might not be as big as Petronas Dagang but it's good enough.

Posted by Mat Cendana > 2016-05-25 14:10 | Report Abuse

@kinfatt999 You shouldn't beat yourself up too much. Buying at RM7 isn't greedy. It was, after all, on an uptrend. It's just that you were a bit late. And didn't put a stop-loss in the event it slipped. But that's something in the past. Better to focus on the now and future...think of some way to mitigate the situation.

Posted by ch > 2016-05-25 15:31 | Report Abuse

hmmm..Today volume break 8 weeks record.

Posted by hng33 > 2016-05-25 15:35 | Report Abuse

Chart wise, Petron is in downtrend......but, opportunity always available for bargain trading....... Still waiting to grab back petron on weakness

Posted by kahhoeng > 2016-05-25 15:56 | Report Abuse

Despite the much lower profit, the operating cash flow is actually holding up... the sharp correction is really unwarranted

Posted by kinfatt999 > 2016-05-25 16:21 | Report Abuse

cut loss very sad

Posted by stockmanmy > 2016-05-25 16:33 | Report Abuse

Right....how come Petronad Dagangan so profitable and this so little profit?


Just a timing difference.

Posted by stockmanmy > 2016-05-25 16:33 | Report Abuse

Right....how come Petronad Dagangan so profitable and this so little profit?


Just a timing difference.

Posted by stockmanmy > 2016-05-25 16:34 | Report Abuse

The retail side is guaranteed money