Posted by Angielim9955 > 2016-06-27 15:46 | Report Abuse

ankahill are we bottom yet ?

Posted by ankahill > 2016-06-27 15:58 | Report Abuse

Cant see bottom leh

Posted by ankahill > 2016-06-27 16:17 | Report Abuse

Big guy slowly dumping :(

Posted by sheldon > 2016-06-27 16:40 | Report Abuse

The odd thing is that the management still has yet to come out with an official announcement on the extent of the damage.

In the name of good governance and to prevent insider trading, information should be quickly disseminated as they are discovered. Issues like whether insurance will cover, how long before restoration, what was the cause - human error etc.

Posted by probability > 2016-06-27 16:51 | Report Abuse

normally if there is fire damage involving critical control equipment, vessels, sensors....it will take weeks to get replacement items and months to restore the plant and place back in operation.

this of course will not affect the supply to the petrol kiosks...as they obviously have 3 months buffer storage..

but it only makes one worry more cause they (PETRON) were talking about if there is any impact to the petrol kiosks.

Looking at the minor price rise on Shell...looks like it will have effects extending to the petrol kiosks too.

Posted by kinfatt999 > 2016-06-27 18:42 | Report Abuse

wait for 1.00

Posted by ankahill > 2016-06-27 19:59 | Report Abuse

http://www.theedgemarkets.com/my/article/petron-ensures-no-supply-interruption-despite-port-dickson-refinery-fire

Posted by Angielim9955 > 2016-06-27 20:11 | Report Abuse

ankahill : kinfatt999 mention wait for 1.00
possible meh ?

Posted by ankahill > 2016-06-27 20:23 | Report Abuse

USD?

Posted by kinfatt999 > 2016-06-27 20:50 | Report Abuse

anything can happen, everybody said brexit wont happen , sure wont happen ,at the end, now what happen?

Posted by Junichiro > 2016-06-27 22:38 | Report Abuse

Ha Ha, Brexit may not be final...
See Next Trade about Brexit written by Alex Lu. A tactic by Cameron to appease Brexit supporters within his own party. The final decision may well be the General Elections in which this issue would be put before the voters again. This time the UK voters will vote Bremain.

Posted by kinfatt999 > 2016-06-27 22:40 | Report Abuse

again???

Posted by Junichiro > 2016-06-27 22:45 | Report Abuse

This time through the General Elections which the UK Gomen would be expected to call.;

Posted by ankahill > 2016-07-01 17:03 | Report Abuse

Sold at 3.72. No hope counter. Minyak naik 5 sen saja.

Posted by ankahill > 2016-07-01 17:06 | Report Abuse

Sold at 3.72. No hope counter. Minyak naik 5 sen saja.

Posted by Angielim9955 > 2016-07-04 02:03 | Report Abuse

ankahill why they saID if oil price keep up , petronm will down , I tghought oil up , petronm also up what ?
can explain ?
Oil up = petronm up

Posted by ankahill > 2016-07-04 12:56 | Report Abuse

Pump price up then petron can go up.

Posted by Angielim9955 > 2016-07-05 01:27 | Report Abuse

thanks a lot

Posted by Angielim9955 > 2016-07-05 12:09 | Report Abuse

Hello everybody. How low can this go

Posted by Joblessrich > 2016-07-05 18:07 | Report Abuse

PD refinery is operatinal again

Posted by sheldon > 2016-07-05 22:13 | Report Abuse

TQ Joblessrich

Posted by ankahill > 2016-07-07 18:55 | Report Abuse

Joblessrich. may I know where you got the news from. TQ

Posted by Joblessrich > 2016-07-07 21:48 | Report Abuse

Bursa announcement http://www.bursamalaysia.com/market/listed-companies/company-announcements/5142465

Posted by ankahill > 2016-07-07 22:49 | Report Abuse

Thanks.

Posted by Angielim9955 > 2016-07-15 17:38 | Report Abuse

Joblessrich do you still hold petron, good to top up ?

Posted by RedGreen > 2016-07-15 18:13 | Report Abuse

Yes, a lot of them

Posted by Joblessrich > 2016-07-15 19:27 | Report Abuse

Hi Angie, thanks for the advise. My av price was RM5.30 of 200+ lots, not so easy to cost average. Unless I sell my other stocks to buy this one...

Posted by Angielim9955 > 2016-07-17 02:04 | Report Abuse

Joblessrich , wa ya, too high, but why petron so down from 7 to now, qr actaully not that bad what ?

Posted by Joblessrich > 2016-07-17 23:35 | Report Abuse

Hi Angielim, maybe some i3 sifu can help us to understand better. I am a longer term investor. PE is low, I believe, the price will go up later. For now, I am just waiting for the dividends.

Posted by Angielim9955 > 2016-07-20 17:21 | Report Abuse

Joblessrich ok noted , all the best Joblessrich

Posted by sheldon > 2016-07-21 09:52 | Report Abuse

Perhaps the Co could step it up by selling some groceries

Posted by ankahill > 2016-07-22 15:46 | Report Abuse

3.71 already.... slow slow die :(

Posted by ankahill > 2016-07-22 15:47 | Report Abuse

Will buy some when reached 2.50

Posted by kinfatt999 > 2016-07-25 22:23 | Report Abuse

oil price low willbenefit to petronm

Posted by sheldon > 2016-07-30 15:51 | Report Abuse

The PE & Dividend yield make it look very attractive

Posted by leechen88 > 2016-07-30 20:30 | Report Abuse

due to higher cost of production ie world oil price increase fr 35 to 52 between april may n june. on the other hand its selling price unchanged during that periods due to sarawak n state elections. I strongly believe this coming quarterly financial result will turn RED. rm3 next.sell lah b4 announcement of financial result

Posted by Angielim9955 > 2016-08-01 16:55 | Report Abuse

hello what are you doing

Posted by sheldon > 2016-08-02 22:59 | Report Abuse

It's falling like a stone

Posted by ankahill > 2016-08-04 16:45 | Report Abuse

UpUp-up up

Posted by Angielim9955 > 2016-08-05 00:13 | Report Abuse

hi petronm team, can I ask is petron gas station under this company also, because I find out currenlty many user like to go petron gas station than others

Posted by ankahill > 2016-08-05 14:08 | Report Abuse

Some big fish are pressing the price down leh...:(

Posted by Mat Cendana > 2016-08-05 16:27 | Report Abuse

Angielim - I think some of these Petron stations, especially the bigger ones with all sorts of facilities, are under PETRONM. You can check in its last Annual report.

ankahill - Looks like it. But why? Are they slowly liquidating their holdings... or could there be something else?

Posted by Angielim9955 > 2016-08-05 18:12 | Report Abuse

Mat Cendana thanks ,, I start collect sinec 3.70 , when I enter 3.70 I thought was bottom but seem someone like press down ,
But if petron gas station is under petronm I will no worry, gas biz is good and petron more good , pd factory start working be frankly my tp for petronm is 5.00 and above , so I will sapu if at this price too cheap , even get dividend also good good ?

Posted by projecti2016 > 2016-08-05 18:17 | Report Abuse

yes, petron station is under petronm.

Posted by BeRealistic > 2016-08-06 09:54 | Report Abuse

now bo cao cccccc...after financial result gap down again

Posted by Angielim9955 > 2016-08-07 16:52 | Report Abuse

this result will be a excellent resullts, petron gas station and store got many customers and petrol biz here only got petronas and shell and only, seem monoply biz, my tp for petronm is 7.00 ,.
kenanga even higher than me :

23/02/2016 7.14 9.42 +2.28 (31.93%) TRADING BUY KENANGA

Posted by sheldon > 2016-08-08 15:50 | Report Abuse

Angie - could you please forward the Kenanga research report that you have mentioned

Posted by Mat Cendana > 2016-08-08 16:36 | Report Abuse

It's clearly out of favour right now. But I think the sellers are mostly gone already. The next quarter results will be important. The sharp decline had been due to the numbers not being excellent, which investors had expected to justify the share price several months ago. At the same time, the results weren't really 'bad'.

I believe investors, especially institutions, will return. The dividend yield is good, and what other petrol-station companies are there on Bursa? Petronas Dagangan - high price. BP - part of a conglomorate (Bstead). Shell - only the refinery business, not retail. The price of crude oil, though important, is secondary. There will always be demand on the retail side.

Posted by Mat Cendana > 2016-08-09 10:12 | Report Abuse

At the moment there's not much liquidity with Petron shares. See the wide gap between the Buy and Sell quoted. And low volume. There will be significant price changes both ways; see-sawing but not really going anywhere. Everyone interested in it are waiting for some impetus. Quarter results, for instance.

Posted by Angielim9955 > 2016-08-10 01:15 | Report Abuse

agreed
tomoroow gap up 30 sens