Posted by Jay > 2017-03-03 10:51 | Report Abuse

be patient, some have waited over a year here. some just waited for a few days already getting itchy

Posted by 逍遥子 > 2017-03-03 11:02 | Report Abuse

I mentioned before, Petronm is not suitable for short term play, due to share liquidity is very low then the prices movement can be quite a bit of range and it also open up to easy price manipulation.

If u cannot stand this kind of boring ride, then I can tell u the boring journey just started, it might take a while.

Good luck & happy investing

Posted by 逍遥子 > 2017-03-03 11:08 | Report Abuse

thanks myongcc5

Posted by 逍遥子 > 2017-03-03 11:18 | Report Abuse

Cheers

Posted by LowProfile > 2017-03-03 11:23 | Report Abuse

if one seeking for excitement and fast money, please, this stock is not suitable you, i would suggest you to buy Call Warrant instead

Posted by LowProfile > 2017-03-03 11:44 | Report Abuse

thanks michael

Posted by zoizai > 2017-03-03 12:09 | Report Abuse

Today drop.

Posted by suregain > 2017-03-03 12:28 | Report Abuse

q to buy at 6

Posted by 逍遥子 > 2017-03-03 12:53 | Report Abuse

Just found out this Petronm miles website, quite interesting ! The management is really working hard to push for market growth.

https://www.petronmiles.com.my

Posted by LowProfile > 2017-03-03 13:01 | Report Abuse

thanks for sharing :)

Posted by zoizai > 2017-03-03 13:37 | Report Abuse

Q more at rm6

Posted by zoizai > 2017-03-03 14:50 | Report Abuse

Washing out weak holder.

Posted by Jay > 2017-03-03 14:53 | Report Abuse

good consolidation. as I believe short to medium term is up, so now the longer the consolidation, the more serious the players behind are

Posted by LowProfile > 2017-03-03 14:54 | Report Abuse

i see chances...

Posted by zoizai > 2017-03-03 15:03 | Report Abuse

Price was pressed down. Just like what happened on the day before qr release.

Posted by suregain > 2017-03-03 15:19 | Report Abuse

bought 6.11.. 6 stil q

Posted by 逍遥子 > 2017-03-03 15:19 | Report Abuse

If u look back on trading day 23/2, 24/2 & 27/4 there are around 7+ millions change hand, after taking out there short term trading volume, conservatively there are still around 3 millions shares been bought up. So where is those shares now, for the last 4-5 trading days the trading volumes are rather thin. What are they up too ??? Your guess are good as mine !

Posted by zoizai > 2017-03-03 16:17 | Report Abuse

Bought few at 6.2

Posted by LowProfile > 2017-03-03 16:29 | Report Abuse

@suregain, nice one on your purchase at 6.11... u r earning now...

Posted by suregain > 2017-03-03 16:57 | Report Abuse

hopefully....

Posted by Equityengineer > 2017-03-03 18:05 | Report Abuse

Despite busy day , still add a bit at 6.10

Posted by 逍遥子 > 2017-03-03 18:27 | Report Abuse

Inside our investment group there is a member bought Petronm few months back @ $4+ ! after go through few months boring ride, he can't wait to cash out last week on the limit up day. He is very happy with his profit & ask what other counters he can invest ?

Our reply is ........ Petronm !!! Ha ha ha......

Joke aside, this is a company with good asset, good brand, good business model, good management & healthy financial status ! Apa lu mau lagi ??

Posted by zoizai > 2017-03-03 22:30 | Report Abuse

buy now. after next quarter will not get this price.

Posted by 逍遥子 > 2017-03-04 08:49 | Report Abuse

Grandpine Investment yesterday recommended Petronm to their VIP members with a short term TP of $7.

Posted by suregain > 2017-03-04 10:45 | Report Abuse

There is an article about petron in nanyang today. Any concern?

Posted by 逍遥子 > 2017-03-04 11:47 | Report Abuse

@ Goodstock，I have the video, but not the link or the report. If u want I can email it to u

Posted by zoizai > 2017-03-04 11:55 | Report Abuse

Can share the video?

Posted by 逍遥子 > 2017-03-04 11:57 | Report Abuse

Here cannot post video file, how to share ?

Posted by probability > 2017-03-04 12:43 | Report Abuse

逍遥子, pls send to me too at i3investor1@gmail.com
thanks

Posted by 逍遥子 > 2017-03-04 12:43 | Report Abuse

@Goodstock, Shared a Dropbox video file to your email address, can view ?

Posted by 逍遥子 > 2017-03-04 12:48 | Report Abuse

@probability, shared

Posted by 逍遥子 > 2017-03-04 12:51 | Report Abuse

Through a friend

Posted by sam88 > 2017-03-04 13:36 | Report Abuse

@逍遥子 pls send that video to my email samyap999@gmail.com tqvm

Posted by AllWin > 2017-03-04 14:09 | Report Abuse

逍遥子, please send to me at allwin1616@gmail.com
Thank you.

Posted by suregain > 2017-03-04 14:16 | Report Abuse

逍遥子, please send to me at ckinsg@ogm.org.my
Thank you.

Posted by wltan22 > 2017-03-04 15:44 | Report Abuse

逍遥子, please send to wltan22@gmail.com, thanks

Posted by 逍遥子 > 2017-03-04 15:50 | Report Abuse

Start from April 2017, petrol retail prices will be revised weekly. This is good for Petronm as the earning will be more stable as compare to monthly revised.

Posted by 逍遥子 > 2017-03-04 15:51 | Report Abuse

http://www.enanyang.my/news/20170304/%E8%B4%B8%E6%B6%88%E9%83%A84%E6%9C%88%E8%B5%B7-%E6%AF%8F%E5%91%A8%E5%85%AC%E5%B8%83%E7%87%83%E6%B2%B9%E5%94%AE%E4%BB%B7/?from=groupmessage&isappinstalled=0

Posted by zoizai > 2017-03-04 16:03 | Report Abuse

https://youtu.be/OpOEYuUbAVA

Posted by probability > 2017-03-04 16:04 | Report Abuse

ha ha..smart zoi zai... thanks.

Posted by zoizai > 2017-03-04 16:10 | Report Abuse

Good info must share. Thanks to 逍遥子

Posted by 逍遥子 > 2017-03-04 16:35 | Report Abuse

The news is a bit confused, now it seems that government will set the ceiling price weekly and let the operators decide the selling price. It seems like short term might have a price war ?

http://english.astroawani.com/malaysia-news/ceiling-price-fuel-be-announced-weekly-april-134406

Posted by cheoky > 2017-03-04 16:59 | Report Abuse

Government dont subsidy petrol anymore. that is the good thing happen to oil refiner. Above measure should be a measure to safeguard downstream industry profit after refiner. If petronm got these stations, should be a positive move right?

Posted by zoizai > 2017-03-04 18:35 | Report Abuse

What will be the market reaction on the new policy ? Up or down?

Posted by Jay > 2017-03-04 18:36 | Report Abuse

yes the news is confusing. it says ceiling price but didn't say let petrol stations to determine their own selling price. and in last few para it mentioned that the petrol dealers asked that ceiling price mechanism not to be introduced and other requests and minister said government will consider these.

so ceiling price or not? so far all the news are quoting bernama so really can't tell what the minister actually meant

Posted by Jay > 2017-03-04 18:43 | Report Abuse

but pricing weekly is indeed better for retailers than monthly. changes in fuel price will also be less volatile. hiking 10c for 4 consecutive weeks sounds better than hiking 40c at month-end. government is hoping that consumers will get numb with the announcements after a while

Posted by wltan22 > 2017-03-04 18:52 | Report Abuse

My thought is whether Petron as retailer and refiner has any advantage over others on this weekly price floating adjustment, in term of price war I think Petron can control cost more efficient than others, in return gain the market share

Posted by bluelight > 2017-03-04 18:55 | Report Abuse

Looking recent petdag share performance, this is good news

Posted by wltan22 > 2017-03-04 18:59 | Report Abuse

but I am as others here, still in the dark about ceiling price and selling price, let hope the best turnout for the company interest

Posted by zoizai > 2017-03-04 19:03 | Report Abuse

Will price drop on Monday? Chance to grab on Monday.