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Last Price

4.62

Today's Change

+0.14 (3.12%)

Day's Change

4.50 - 4.70

Trading Volume

1,325,300


10 people like this.

19,327 comment(s). Last comment by StarOfTheBull 20 hours ago

LowProfile

219 posts

Posted by LowProfile > 2017-03-09 13:12 | Report Abuse

wa lao why you all buy la.... should sell it now ler before it drops further!!!

Kang Yoon

83 posts

Posted by Kang Yoon > 2017-03-09 13:31 | Report Abuse

sell and run

suregain

1,611 posts

Posted by suregain > 2017-03-09 14:36 | Report Abuse

wa paperplane bought in petron

LowProfile

219 posts

Posted by LowProfile > 2017-03-09 14:42 | Report Abuse

excitement over... time to cut loss and move on....

LowProfile

219 posts

Posted by LowProfile > 2017-03-09 14:54 | Report Abuse

@Goodstock just kidding :) i'm one of the shareholders holding this stock for around 2 years already i think...

LowProfile

219 posts

Posted by LowProfile > 2017-03-09 14:54 | Report Abuse

Just being sarcastic to some people only

zhangliang

728 posts

Posted by zhangliang > 2017-03-09 15:36 | Report Abuse

time to fly soon!

Posted by Alex Lim Jun Xiong > 2017-03-09 15:51 | Report Abuse

Shell & Skpetrol jatuh teruk~

Jay

1,126 posts

Posted by Jay > 2017-03-09 17:17 | Report Abuse

short term no excitement if no good news or operator not interested to push. just relax and wait for dividend and next qr then

LowProfile

219 posts

Posted by LowProfile > 2017-03-09 17:26 | Report Abuse

@Jay, Yes, Sir!

zoizai

1,476 posts

Posted by zoizai > 2017-03-09 18:03 | Report Abuse

Time to collect more

suregain

1,611 posts

Posted by suregain > 2017-03-09 20:21 | Report Abuse

Oil px down again.. Another round of selling tomorow

suregain

1,611 posts

Posted by suregain > 2017-03-09 21:17 | Report Abuse

Crude down, petrol oso down.. Petron sell petrol ma

isano

260 posts

Posted by isano > 2017-03-09 21:30 | Report Abuse

Petrom是一间提炼油与銷售油的公司,不是産油公司.原油下跌,表示原料價更便宜,是不是对Petrom更有利?如有不对,請纠正.謝謝.

isano

260 posts

Posted by isano > 2017-03-09 22:06 | Report Abuse

Myong,謝謝.我認為原油價格下跌,應該對Petron有利,至少買原料的成本少了,付的錢也少了.請問對不對?

isano

260 posts

Posted by isano > 2017-03-09 22:10 | Report Abuse

如果你是做面包的,面粉跌價,是不是对做面包的有利?

isano

260 posts

Posted by isano > 2017-03-09 22:24 | Report Abuse

Myong,TQ.

suregain

1,611 posts

Posted by suregain > 2017-03-09 22:35 | Report Abuse

@myong oredi explained.. Refineries carries huge inventories of crude that was bought during high px.. But the gasoline obtained from the refineries are sold at curent low petrol px

Posted by invest_101 > 2017-03-10 00:15 | Report Abuse

Petron or as a matter of fact any other stocks, one has to identify their key attributes and investment merits that one believes will transform it into a great investment over time. Daily or regular analysis, while constructive may be cause 'paralysis' of thoughts. Every business is dynamic in nature and hence its important to have a combination of competent management together with relevant business model to forge ahead. I am not suggesting that Petron fits all the above and its up to each individual to decide. The performance of PetDagang is a good precedent (although their business model is not entirely similar) and if Petron can merely match their execution going forward, it should be promising. Over analysing is a bit like growing a 100 feet tree and watching its progress on a daily basis. The more relevant consideration would be selecting the correct seedling coupled with periodic observation. Good luck.

bluelight

147 posts

Posted by bluelight > 2017-03-10 06:39 | Report Abuse

Refer back to 2015 result, the crude oil price keep dropping but petron able to generate more eps 20 sen each quarter except 2015 Q4 low EPS due long period of maintenance

zoizai

1,476 posts

Posted by zoizai > 2017-03-10 08:43 | Report Abuse

Yes. Crude oil price drop will benefit Petronm.

逍遥子

805 posts

Posted by 逍遥子 > 2017-03-10 08:46 | Report Abuse

The operator behind it is in action again. If u want to buy, do it slowly.

Fundamentally Petronm has not change, instead it has improved if compare to last FY.

Happy trading

isano

260 posts

Posted by isano > 2017-03-10 08:54 | Report Abuse

Buy if drop

isano

260 posts

Posted by isano > 2017-03-10 08:54 | Report Abuse

Not sell

Jay

1,126 posts

Posted by Jay > 2017-03-10 09:10 | Report Abuse

from what I discovered so far, crack spread is the best indicator since it measured the spread between your input cost (crude oil) and output price (diesel, gasoline etc.). although shown as one data, it has more than 2 variables as each commodity has its own supply and demand dynamics

this 2 day's sharp drop in crude oil is mainly because of EIA weekly data showed huge increase in crude supply relative to analyst expectations. but if you look at gasoline (petrol) inventories, the drawdown (not oversupply) is bigger than analyst expectations. that's why gasoline futures actually didn't drop as much as crude oil futures and thus the crack spread is widening these two days.

it's worthwhile monitoring different data instead of just crude oil

zoizai

1,476 posts

Posted by zoizai > 2017-03-10 09:15 | Report Abuse

So much cheaper now

Jay

1,126 posts

Posted by Jay > 2017-03-10 09:25 | Report Abuse

let them flush, last time ekovest-wb I also kena flushed from 1.30 down to 1, now it's more than 2.50 adjusted. patience do rewards when it's a good counter

zoizai

1,476 posts

Posted by zoizai > 2017-03-10 09:43 | Report Abuse

Flushing out all the weak holder. Time to collect more

suregain

1,611 posts

Posted by suregain > 2017-03-10 09:45 | Report Abuse

bought 5.80

Posted by Equityengineer > 2017-03-10 09:47 | Report Abuse

Jom buy ,

Posted by Equityengineer > 2017-03-10 09:48 | Report Abuse

Whatever I buy will be averaging up only

逍遥子

805 posts

Posted by 逍遥子 > 2017-03-10 09:53 | Report Abuse

If u buy now @ this price, in 3 months time u going to receive $0.22, work out to be 3.76% ! Plus the coming Qtr results as a surprise package.

I m not asking u to buy but I m just telling u what I think. Cheers

LowProfile

219 posts

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

buyyyyyy selllllllllll runnnnn jumppppp innnnnn

suregain

1,611 posts

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

pls rebound... oversold

sumato88

42 posts

Posted by sumato88 > 2017-03-10 10:13 | Report Abuse

Don't panic guys, one day crude price down wouldn't affect Petronm. Ytd avg still at usd55 vs usd51 in 4q16. Avg crack spread still higher qoq, I still believe coming quarter results will be making rm100m profit.

Separately, I found one of the crack spread for Ron95 gasoline which is relevant to Petronm (Asia, or the best is SG crack spread is more relevant) in this link. While it came off from the peak but still higher compared to 4q16.

http://www.cmegroup.com/apps/cmegroup/widgets/productLibs/esignal-charts.html?code=AV0&title=MAR_2017_Singapore_Mogas_95_Unleaded_%2528Platts%2529_&type=p&venue=0&monthYear=H7&year=2017&exchangeCode=XNYM

LowProfile

219 posts

Posted by LowProfile > 2017-03-10 10:14 | Report Abuse

pls dont be surprise if petron drop even more further that you actually think that is their most bottom point, just be prepared for it :)

LowProfile

219 posts

Posted by LowProfile > 2017-03-10 10:18 | Report Abuse

@sumato88, human emotion is the most difficult (or near to impossible) to control, but also the most easiest thing to be manipulated with. Be wise.

LowProfile

219 posts

Posted by LowProfile > 2017-03-10 10:19 | Report Abuse

@sumato88, thanks for your great sharing. Appreciated that.

suregain

1,611 posts

Posted by suregain > 2017-03-10 10:22 | Report Abuse

gila punya org.... cheap cheap oso sell

suregain

1,611 posts

Posted by suregain > 2017-03-10 10:24 | Report Abuse

i believe when selling itensify is the buying time if the company is good

wltan22

208 posts

Posted by wltan22 > 2017-03-10 10:27 | Report Abuse

q now...for my investment

wltan22

208 posts

Posted by wltan22 > 2017-03-10 10:32 | Report Abuse

might like to emulate moneySIFU on Eko...found a good company tight it up, don't let it go...

zoizai

1,476 posts

Posted by zoizai > 2017-03-10 10:36 | Report Abuse

Missed rm5.75.

Posted by Equityengineer > 2017-03-10 10:47 | Report Abuse

Just hope oil rebound back to above 50.00

Posted by Equityengineer > 2017-03-10 10:47 | Report Abuse

I accumulated more

Posted by Alex Lim Jun Xiong > 2017-03-10 10:48 | Report Abuse

Petron still got hope?
Oil company really very volatile.

suregain

1,611 posts

Posted by suregain > 2017-03-10 10:48 | Report Abuse

yup... if oil px cannot rebound above 50, petron stil under pressure

Posted by Equityengineer > 2017-03-10 10:49 | Report Abuse

Ekovest indeed good share as well as Petron ... I have this both ..

LowProfile

219 posts

Posted by LowProfile > 2017-03-10 10:52 | Report Abuse

@Alex Lim Jun Xiong, Petron no more hope, better sell now before it is too late.

Posted by Equityengineer > 2017-03-10 10:53 | Report Abuse

Actuall all the crude oil over supply is a week old date , and Saudi already cut production more than they promised ... next week hope to see the decline in supply

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