Posted by paperplane2016 > 2017-03-28 21:17 | Report Abuse

This guy stay near the bus main station. Everyday he saw those hardworking drivers. So he decided to accumulate. Through years, he slowly accumulate till jade billionaire. Now he retire happily. As he collect big fat dividend yearly. So more conviction to hold continuously. Also reason is low interest environment. His logic simple. He said he put fixed deposit also so little, hard to fight inflation. So he decided buy stocks that give higher dividend

Posted by abangadik > 2017-03-28 21:28 | Report Abuse

The China Oil guy is a oil rig workers, he is a trained engineers and he work offshore and invested since the 70s. Both of them have similiar story and logic..hahaha..

In Malaysia, you can buy plantation and do this..I hold KMLoong for almost 10 years liao. my average cost is 2.20. One of the most wise investment I did when I first started investing. lolz..

Anyway Good night!

Posted by paperplane2016 > 2017-03-28 21:29 | Report Abuse

Wow. Congrats. It really need lots of patient to hold a stock like 10years. My longest now is genting Malaysia. Since rm2.50 cost

Posted by stockraider > 2017-03-28 21:32 | Report Abuse

Yes....Hengyuan & Petron are 2 most undervalue stock around loh....!!
With the implementation of weekly petrol price pricing instead of monthly pricing, the risk of inventory losses & gain volatility reduced by 75%.....thus operations earnings more stable loh....!!

Valuation of Hengyuan and Petron will close up....with Pet Dag soon loh.....!!
That means they will command a higher PE rating loh....!!

Posted by paperplane2016 > 2017-03-28 21:44 | Report Abuse

Not sure anyone study petronM, she'll, Petdag not. See what is the value based on mkt value, what cof generated.

Posted by lordng94 > 2017-03-28 21:45 | Report Abuse

stockraider ,please go to hevea and evergreen forum

Posted by paperplane2016 > 2017-03-28 22:19 | Report Abuse

It has been a terrible 2 years plus for the oil and gas sector. I called a rebound in oil and gas in March 2016, the rebound was from 35 USD per barrel crude oil to 54 USD per barrel today. Following OPEC cut, many counters have jump. PetronM clearly is beneficiary as well. Recent results is outstanding. A simplistic valuation at a conservative multiple of 10x would value PetronM close to RM8.80 despite the lumpy earnings. Some are even calling it at 15x multiple attaching a premium by comparing to PetDag valuing it at Rm11+. As a result, PetronM limit up the day before from RM4.63 to RM 6.01. It continued on the next day all the way to RM6.66 but faced profit taking and closed at RM6.09. In this case, the market was mixed.

My view : Reading the QR on PetronM, it was clear their refining margin improve substantially following the rebound in oil price especially in the last Q. Furthermore, due to the outstanding results, PetronM declared 22 sens dividend to reward shareholders which is a positive move. At current price of RM 6.09, the DY is 3.6%. The valuation wise, it is trading at only around 7x PER excluding all dividends. Based on such metrics, many jump on the bandwagon and pushed up the price significantly. Some chase high at RM6+ as they believe PetronM is still cheap. Of course, those who sold off / profit take believe it has went up too fast. I neither consider PetronM overbought or oversold but an in between where the market forces will determine its value based on the majority expectation. Those who dislike lumpy earnings and believe the coming Q might be subdued will not invest further in this counter. Those bullish will aim for at least RM8+ going into the next Q or at least to ex-dividend date.

Posted by paperplane2016 > 2017-03-28 22:21 | Report Abuse

From earlier blogs

Posted by stockraider > 2017-03-28 22:23 | Report Abuse

Paperlane,

Petron have how many Petrol Stations leh ??

Posted by moneySIFU > 2017-03-28 22:24 | Report Abuse

long time didn't see paperplane so excited & talk so much

Posted by paperplane2016 > 2017-03-28 22:28 | Report Abuse

http://klse.i3investor.com/blogs/sumato88/118086.jsp

Posted by paperplane2016 > 2017-03-28 22:33 | Report Abuse

If apply pe 10, you get tp rm8.80. If pe 15, tp is rm12

Posted by paperplane2016 > 2017-03-28 22:54 | Report Abuse

Raider bro, click the link and see the picture. Petronm got 570. Compared Petdag 1000

Posted by paperplane2016 > 2017-03-28 22:55 | Report Abuse

After Kesm, ekovest. This shares arouse my sense. I guess this stock can be another doubling stock, wonder if profit can be stable or not. My biggest concerns is the price war.

Posted by paperplane2016 > 2017-03-28 22:58 | Report Abuse

Anyway. My take is if shares circulating outside is little. Once good results continue to kick in, mkt will re rate it, giving higher pe, higher earning expectation etc.

Posted by moneySIFU > 2017-03-28 22:59 | Report Abuse

got it, paperplane, will monitor this counter, thank you.

Posted by YC_Ma > 2017-03-29 07:56 | Report Abuse

powerful

Posted by paperplane2016 > 2017-03-29 08:07 | Report Abuse

Moneysifu,this is fundamental good stock iguess. Hope profit can be stable

Posted by Jay > 2017-03-29 08:19 | Report Abuse

if you think you have bought a good company, don't get worried just because the price goes down, similarly don't get overexcited when price goes up. with good companies, time is your best friend as it will reveal more and more good stuffs over time

Posted by stockraider > 2017-03-29 08:34 | Report Abuse

Very good info paperlane,

confirmed Petron is undervalue.
Raider collected some Prtron loh.....!!
Also don miss out on Hengyuan....the PE of 3.5x too tempting mah...!!
Btw Hengyuam sell to Shell marketing who own 900 petrol stations loh..!! Remember KESM previously same situation loh...!!

Both Petron And Hengyuan raider value above Rm 9.00 loh...!!
The improvement in RM recently good for Petrol business of Petron and Hengyuan loh.!!

The wkly pricing compare with monthly pricing....reduce volatility by 75%...thus make earnings more manageable & predictable...potential rerating so must buy mah...!!

Raider's sifu accumulating alot loh....!!

Posted by paperplane2016 > 2017-03-29 08:37 | Report Abuse

Jay. Appreciate your comments. You are one of the best here.

Posted by paperplane2016 > 2017-03-29 08:38 | Report Abuse

Haha, raider bro buymore today?

Posted by paperplane2016 > 2017-03-29 08:44 | Report Abuse

Hengyuan is chinaman. Will they do a good job like Dutch?

Posted by stockraider > 2017-03-29 08:47 | Report Abuse

Paperlane,This chinaman very efficient....and politically connected with Xin Jin Ping...please goggle to learn more loh...!!

Posted by paperplane2016 > 2017-03-29 08:59 | Report Abuse

Okie. Will learn more about 恒源

Posted by paperplane2016 > 2017-03-29 09:00 | Report Abuse

Thanks raider bro. Let me study more

Posted by paperplane2016 > 2017-03-29 09:11 | Report Abuse

Congrats those who bought yesterday

Posted by thenewbee > 2017-03-29 09:19 | Report Abuse

hold until 0.5 and above hoho

Posted by tkp2 > 2017-03-29 09:22 | Report Abuse

very strong, will up 3 days 3 nights, no need to rest

Posted by paperplane2016 > 2017-03-29 09:27 | Report Abuse

Three day three night? You think sex meh....

Posted by paperplane2016 > 2017-03-29 09:32 | Report Abuse

Don't waste time. Tkp2 knows nothing. He only know vulgar. Can ask Jay or raider if want to learn things.

Posted by tkp2 > 2017-03-29 09:39 | Report Abuse

paperbrain, i tend to leave you alone, but you always want to find trouble, still so childish ah, kikiki

Posted by tkp2 > 2017-03-29 09:40 | Report Abuse

this counter i already make round 1 on CB from 0.26 to 0.7, you now only promote, why so slow one?

Posted by tkp2 > 2017-03-29 09:41 | Report Abuse

anyway, i don't want to waste my time in i3 to quarrel anymore, busy counting money every month, so say whatever you want

Posted by tkp2 > 2017-03-29 09:43 | Report Abuse

@Goodstock, all the info i have is from QR and chart, nothing special, perhaps you can refer to the sharing from paperplane sifu

Posted by tkp2 > 2017-03-29 09:43 | Report Abuse

paperplane is unbeatable i3 sifu here, don't play play, i am just a stupid man like he said

Posted by zhangliang > 2017-03-29 09:44 | Report Abuse

what an awesome counter!

Posted by paperplane2016 > 2017-03-29 09:49 | Report Abuse

Tkp2. You kena trapped at 0.70 is it. Now keep promoting to push back so you don't lose so much.

Posted by tkp2 > 2017-03-29 09:52 | Report Abuse

aiyo, don't quarrel lah, see, CB drop already, shhhhhhhhy

Posted by probability > 2017-03-29 09:57 | Report Abuse

today they will announce the weekly fuel price right?

Posted by paperplane2016 > 2017-03-29 10:01 | Report Abuse

Heavy profit taking. Some kena trapped earlier sell. What a stupid. This stock will be rm12

Posted by Pusher_Punisher > 2017-03-29 10:02 | Report Abuse

paperplane sifu.. will the last quater be one off show or can they repeat same performance or better? tq for sharing.

Posted by suregain > 2017-03-29 10:03 | Report Abuse

jgn marah marah... nanti petronm x naik...

Posted by paperplane2016 > 2017-03-29 10:03 | Report Abuse

That's what I want to know also. Their quarter to quarter profit from years to years so volatile.

Posted by paperplane2016 > 2017-03-29 10:04 | Report Abuse

If 0.40 is new EPs. 1.60 is full yr profit we looking. Rm16 is tp then. But cash flow wise actually not much change

Posted by 逍遥子 > 2017-03-29 10:45 | Report Abuse

It is better to look at Petronm earning on yearly basis due to fluaction of oil price, refinery margin & USD exchange rate. It is more stable in a way, if u look at FY 2015 & FY 2016 on the yearly basis, it is quite stable in term of earning, gross margin & cash flow.

Posted by 明天会更好 > 2017-03-29 11:31 | Report Abuse

明天会更好?

Posted by paperplane2016 > 2017-03-29 12:51 | Report Abuse

已经很好。更好？直接huat

Posted by LowProfile > 2017-03-29 15:10 | Report Abuse

runnnnn

Posted by Alex Lim Jun Xiong > 2017-03-29 15:33 | Report Abuse

Suddenly free fall to RM6.20, I panic sell.
=(