Posted by moneySIFU > 2017-02-22 17:57 | Report Abuse

Wow

Posted by skyea > 2017-02-22 18:09 | Report Abuse

holy mother of results, that bombshell of a result just blew petdag away. moveover petdag

Posted by probability > 2017-02-22 18:16 | Report Abuse

wanted buy earlier becoz of jay sifu...but missed:(

Posted by Jay > 2017-02-22 18:23 | Report Abuse

I didn't buy a lot because I'm fairly new to this company. there are others who are here longer and understand the company better that should take the credit

Posted by stockraider > 2017-02-22 18:25 | Report Abuse

Overvalue Pet Dag do not deserve valuation of PE 24x.....but Petron also do not deserve under valuation of PE 5x loh....!!

Posted by pitbull > 2017-02-22 18:30 | Report Abuse

Wow....
Results out ady.....
EPS 41......WOW.....

Posted by lloydlim > 2017-02-22 18:32 | Report Abuse

Wow! Fantastic Q result, welldone Petronm

Posted by skyea > 2017-02-22 18:33 | Report Abuse

last time when shareprice touch rm 7. the EPS was 27. today's EPS is 41 or >50% i.e. RM 10.50 easily

Posted by wltan22 > 2017-02-22 18:38 | Report Abuse

pitbull...now, you can smile...eh... moneySIFU u r here... everyone looks so cheerful... company already performed...yet to see the price performs...

Posted by Jay > 2017-02-22 18:50 | Report Abuse

strong brand, strong free cashflow, good dividend, what not to like about this company? now only if they can keep their profit more consistent then sky is the limit

Posted by skyea > 2017-02-22 18:50 | Report Abuse

but if the company pay rm 1.12 in dividends per year. go to rm 10.50 also i wont sell

Posted by 逍遥子 > 2017-02-22 19:20 | Report Abuse

Free Cash Flow for FY2016 is $302.6 millions, work out to be $1.12 per share, total debts as at 31/12/2016 around $308 millions, cash on hand $171 millions. There might be some surprise for future dividend.

Posted by pitbull > 2017-02-22 19:47 | Report Abuse

逍遥子。。
Now eps increase..thn share price will adjust again or still keep like 4.8 ?

Posted by pitbull > 2017-02-22 19:48 | Report Abuse

Below RM 5.5
Still can buy in ...?

Posted by 逍遥子 > 2017-02-22 19:52 | Report Abuse

Share price movement is very hard to predict. Let say if Petronm earning be stable downed with yearly EPS around $0.80, then re-rating to PE around 10 is likely. However short term share price movement is unpredictable.

Posted by stockraider > 2017-02-22 19:56 | Report Abuse

who cares...now below rm 5.00 mah...!!

Posted by pitbull > 2017-02-22 20:01 | Report Abuse

Waltan22....cheer...
Hahaha, now waiting the price performance....
But i abit worry, the price really can shoots up to RM 7 above ??

Posted by Equityengineer > 2017-02-22 20:02 | Report Abuse

PE Was 8 + before result out ...: now is 5 , if adjust back already 7.90 price ..watch for oil price next month ...

Posted by pitbull > 2017-02-22 20:06 | Report Abuse

Thanks 逍遥子

Posted by pitbull > 2017-02-22 20:10 | Report Abuse

Hope the coming dividend can be more generous....

Posted by 逍遥子 > 2017-02-22 20:25 | Report Abuse

$0.22 is reasonably good, the still have debts and once the level of debts drop further, most likely the dividend payout ratio will be increased

Posted by bluelight > 2017-02-22 21:37 | Report Abuse

If you put aside external uncontrollable factor like oil price, exchange rate and refinery margin, the company is continuing growth in sale volume, keep generating cash, and most important their willing to share the profit with small shareholders

Posted by Jay > 2017-02-22 23:51 | Report Abuse

next quarter likely to remain good since retail petrol price still on strong uptrend.

I think once petron's earnings can stay consistent and clear their borrowings, market could re-rate it to around 15 times PE, slight discount to Petdag considering the size and branding

Posted by Equityengineer > 2017-02-22 23:53 | Report Abuse

Then we would be seeing a multi bagger... the coming quarter should be important also to show consistency...

Posted by 1009 > 2017-02-23 01:22 | Report Abuse

Wooo.. this counter good, buy few keep first..

Posted by invest_101 > 2017-02-23 07:02 | Report Abuse

I read sumato88's comments on three major factors with interest and true enough, it translated to a great quarter for Petron so congrats to all the investors.

I wonder if we can apply the same crack spread analysis to Shell which is a strict refinery, and expect an equally explosive q4 too. And also potentially the next quarter as this spread is apparently holding and has widened since. Would appreciate if sumato88 can comment since Shell has yet to announce its results. Thanks in advance.

Posted by sumato88 > 2017-02-23 08:18 | Report Abuse

I think Shell will probably have good results too, but I prefer Petronm as Shell has much higher USD loan which will eat into its expanding margin when USD appreciate. Secondly, Shell only owns refinery which has a volatile earnings. What I like Petronm most is market value the co like an oil refinery even though it owns its petrol station network which is very profitable and stable biz where market gives a generous valuation, just like Petdag.

Posted by Jay > 2017-02-23 08:48 | Report Abuse

long queue, hard to top up (:

Posted by Jay > 2017-02-23 08:50 | Report Abuse

din notice it's the limit up price already

Posted by zoizai > 2017-02-23 08:54 | Report Abuse

today can fly to sky

Posted by Equityengineer > 2017-02-23 09:01 | Report Abuse

Gap up 5.80zzz

Posted by AllWin > 2017-02-23 09:08 | Report Abuse

Possible limit up

Posted by zoizai > 2017-02-23 09:13 | Report Abuse

back to RM7 very soon

Posted by invest_101 > 2017-02-23 09:15 | Report Abuse

Thanks again sumato88, appreciate your valued comments. I agree that Petronm has far greater potential vs Shell. Was looking at a quick trading opportunity on Shell.

Valuation gap between Petronm and Petronas Dagang is too wide to be logical. Either one is under valued or the other over valued. Conservative case scenario is mid way and it will still be very positive for Petronm. Just have to monitor that Petronm grows into its full potential over time with increasing dividend payouts. It wasnt that long ago that Petronas Dagang was trading below RM10. Good luck.

Posted by cheoky > 2017-02-23 09:20 | Report Abuse

good upward

Posted by pitbull > 2017-02-23 09:27 | Report Abuse

Cannot break over RM 6 ?

Posted by pitbull > 2017-02-23 09:28 | Report Abuse

Thanks sumato88

Posted by Jay > 2017-02-23 09:32 | Report Abuse

shell is just refining. closest to Petron is PetDag. I think the difference in PE is

1. PetDag has cleared all the borrowings
2. PetDag has more petrol stations and stronger branding in Malaysia
3. PetDag has more consistent earnings

Point 1 can be solved in no time. Point 2 Petron is still working hard on it and Point 3 I hope they can achieve it. then 15-20 times PE is not a dream

Posted by Davidl > 2017-02-23 09:39 | Report Abuse

I'm in guys, hopefully big player could make the price down again so I can buy more a bit.

Posted by LowProfile > 2017-02-23 09:40 | Report Abuse

petdag not involved in refinering... merely just petrol station only... petron is shell + petdag.... some1 correct me if im wrong

Posted by wltan22 > 2017-02-23 09:42 | Report Abuse

Jay, agreed, point 3 is crucial...if the coming few qtr company can maintain earning, the only worry is the volatility of crude oil...I strongly believe this is a gem, matter of time other investors unearth it

Posted by pitbull > 2017-02-23 09:43 | Report Abuse

Today limit up is 0.80 only?

Posted by wltan22 > 2017-02-23 09:47 | Report Abuse

as long as company can keep produce stellar earning, the price will follow

Posted by AllWin > 2017-02-23 09:48 | Report Abuse

limit up is 6.02

Posted by Jay > 2017-02-23 09:56 | Report Abuse

and may I say last few days was the battle of informed investors and sharks who tried to press the price down and informed investors won handsomely. kudos to those who stood firm and kept everyone informed

Posted by wltan22 > 2017-02-23 10:03 | Report Abuse

yup...sometime you need someone support your points, in the market not all people agree with you, I also why price sudden drop, but I believe more in the business than the market price..cheer for those who hold on

Posted by Equityengineer > 2017-02-23 10:05 | Report Abuse

Watching this sticks for a month and finally got it two days ago ..: marvelous profit by Petron ... Yee , the masses still have opinion that Petronas and shell is better fuel, branding ... so this factor can be won using the Petron loyalty cards ... but expansion still will be tough . First being a net cash company ...

Posted by 1009 > 2017-02-23 10:05 | Report Abuse

Why not limit up ler..?

Posted by Aizai > 2017-02-23 10:08 | Report Abuse

limit up soon...

Posted by 1009 > 2017-02-23 10:15 | Report Abuse

Ok.. buy more simpan