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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 14 hours ago

LowProfile

219 posts

Posted by LowProfile > 2017-04-12 14:59 | Report Abuse

@ Jay yea so true :) ppl got excited especially those looking for short term gain, but those have already hold it for years one are happy too, but not that excited as some ppl

7skies

375 posts

Posted by 7skies > 2017-04-12 15:04 | Report Abuse

sold .39 tq

Posted by Alex Lim Jun Xiong > 2017-04-12 15:06 | Report Abuse

Walao, yesterday cut loss today up, really so cb !!!
suregain & dnn78 big sharks? Buy then straight up?

paperplane2016

21,644 posts

Posted by paperplane2016 > 2017-04-12 15:10 | Report Abuse

wow!

paperplane2016

21,644 posts

Posted by paperplane2016 > 2017-04-12 15:16 | Report Abuse

drill and goring up CB

suregain

1,611 posts

Posted by suregain > 2017-04-12 15:22 | Report Abuse

haha, i just managed to top up 800 ahres at 628 only... mana ada big shark... the one tat keep asking u buy cb is big shark coas he want to cabut

Million78

292 posts

Posted by Million78 > 2017-04-12 16:26 | Report Abuse

good^^ strong uptrend

zoizai

1,476 posts

Posted by zoizai > 2017-04-12 17:48 | Report Abuse

Weekly pricing is good for Petronm . Petronm sure will fly this year. Buy before too late.

probability

14,490 posts

Posted by probability > 2017-04-12 18:08 | Report Abuse

http://www.thestar.com.my/news/nation/2017/04/12/fuel-prices-this-week/

Ron 95, 2.24 up 8 cents!
Ron 97, 2.52 up 9 cents!
Disel, 2.16 up 8 cents!

probability

14,490 posts

Posted by probability > 2017-04-12 18:22 | Report Abuse

I had mentioned wrongly 2.22 for Ron95 with a rise of 9 cents earlier using 2.13. I should have mentioned 2.25 with a rise of 9 cents on 2.16.

I think the basis i had used is correct...it should be pretty easy to predict the fuel price now going forward..

All Petron has to do now is purchase their feed stock (both crude and externally sourced refined oil) in weekly batches as per the weekly pricing of MOPS....

This way their gross profit margin will approach the theoretical steady state gross profit margin.

I cant see a company with such a 'certainty on the gross profit margin' going forward and selling this cheap.

逍遥子

805 posts

Posted by 逍遥子 > 2017-04-12 18:50 | Report Abuse

Patron Corp is trading with PE 15 currently , where the company pay less dividend & having higher debts compare to Petron Malaysia. Both organisations are running exactly the same form of business, except Petron Corp in bigger scale & with more advance refinery facility. It is matter of time Petron Malaysia get the re-rating once the income is stable down.

cheoky

2,823 posts

Posted by cheoky > 2017-04-12 19:29 | Report Abuse

I m married to petronm.

suregain

1,611 posts

Posted by suregain > 2017-04-12 19:50 | Report Abuse

Tomorow 7

paperplane2016

21,644 posts

Posted by paperplane2016 > 2017-04-12 20:34 | Report Abuse

7.50 for sure Liao before may. I drill that cb all way till ejaculated

Jay

1,126 posts

Posted by Jay > 2017-04-12 22:54 | Report Abuse

lol I'm gonna do a captain america and say "language"

Jay

1,126 posts

Posted by Jay > 2017-04-12 22:55 | Report Abuse

for those who don't get the reference it's ok, nothing important

Million78

292 posts

Posted by Million78 > 2017-04-13 10:17 | Report Abuse

good^^ super strong uptrend

Million78

292 posts

Posted by Million78 > 2017-04-13 10:28 | Report Abuse

55.7+++ good^^

Jay

1,126 posts

Posted by Jay > 2017-04-13 12:21 | Report Abuse

the operator everytime up then pause, traders must be very frustrated each time

paperplane2016

21,644 posts

Posted by paperplane2016 > 2017-04-13 14:05 | Report Abuse

lol I'm gonna do a captain america and say "language"

I understand, Captain America is so 40s

Million78

292 posts

Posted by Million78 > 2017-04-13 14:22 | Report Abuse

faster move to 7 gogogo

suregain

1,611 posts

Posted by suregain > 2017-04-13 16:42 | Report Abuse

sold the 800 shares 6.48 for contra gain

probability

14,490 posts

Posted by probability > 2017-04-14 11:10 | Report Abuse

CB is too sexy...despite the 'period'.

Posted by possible88 > 2017-04-14 11:36 | Report Abuse

sudd stop at 6.34... no movement...

tkp2

3,027 posts

Posted by tkp2 > 2017-04-14 11:38 | Report Abuse

paperplane should be panicking now, his CBs all bleeding

Cindy Ling

349 posts

Posted by Cindy Ling > 2017-04-14 15:00 | Report Abuse

y some comment so hamsap d??>.<

probability

14,490 posts

Posted by probability > 2017-04-14 15:27 | Report Abuse

coz CB is the channel to release frustration..

Million78

292 posts

Posted by Million78 > 2017-04-14 16:00 | Report Abuse

good close green?

Jay

1,126 posts

Posted by Jay > 2017-04-14 17:32 | Report Abuse

good day to bargain hunt thanks to a few bombs

逍遥子

805 posts

Posted by 逍遥子 > 2017-04-18 10:05 | Report Abuse

Correction: summer

probability

14,490 posts

Posted by probability > 2017-04-18 15:46 | Report Abuse

Petron..lai lai!

This time paperplane successfullyy pregnated the CB...sure big baby formation! Cute babyplane delivery next month.

paperplane2016

21,644 posts

Posted by paperplane2016 > 2017-04-18 15:51 | Report Abuse

Haha. I love cb. They never failed me. Drill and drill, only can get.richer and happier

probability

14,490 posts

Posted by probability > 2017-04-18 16:37 | Report Abuse

Predict Ron95 should be announced RM2.24 tomorrow

LowProfile

219 posts

Posted by LowProfile > 2017-04-18 17:19 | Report Abuse

lol I totally forgot about tmr's announcement of petrol price

probability

14,490 posts

Posted by probability > 2017-04-18 18:14 | Report Abuse

infact i also forgot...this means consumers will get numbed by the price fluctuation...and they cant be bothered to consider these info for selecting the petrol station to fill up.

looks like a very successful strategy by the government.

逍遥子

805 posts

Posted by 逍遥子 > 2017-04-18 20:36 | Report Abuse

Personally I think the prices will remain the same for Ron 95 & Ron 97, whereas Diesel might drop couple of cents (lower refinery margin for Diesel lately).

逍遥子

805 posts

Posted by 逍遥子 > 2017-04-18 23:36 | Report Abuse

South Korea refinery reported 1st Qtr earning with healthy refinery margin, and expected the margin can be sustained on 2nd Qtr

http://af.reuters.com/article/commoditiesNews/idAFS6N1BB00W?pageNumber=1&virtualBrandChannel=0

逍遥子

805 posts

Posted by 逍遥子 > 2017-04-19 15:02 | Report Abuse

This place will be crowded soon..... ha ha ha

suregain

1,611 posts

Posted by suregain > 2017-04-19 15:05 | Report Abuse

luckily top up yesterday at 6.44

suregain

1,611 posts

Posted by suregain > 2017-04-19 15:06 | Report Abuse

go go go

Jay

1,126 posts

Posted by Jay > 2017-04-19 15:11 | Report Abuse

let's break the 52-week high and don't look back

suregain

1,611 posts

Posted by suregain > 2017-04-19 15:17 | Report Abuse

yup... pls shoot above rm6.66

8085208

241 posts

Posted by 8085208 > 2017-04-19 15:28 | Report Abuse

opps, tyre banjet

probability

14,490 posts

Posted by probability > 2017-04-19 15:30 | Report Abuse

should be 2.24 (ron95)....

probability

14,490 posts

Posted by probability > 2017-04-19 15:31 | Report Abuse

people not realising the CB premium is already very low

suregain

1,611 posts

Posted by suregain > 2017-04-19 15:36 | Report Abuse

haizzzz.... y ppl keep selling?

Million78

292 posts

Posted by Million78 > 2017-04-19 16:12 | Report Abuse

now is the right show time

Million78

292 posts

Posted by Million78 > 2017-04-19 16:13 | Report Abuse

good 2.24 ron95

Million78

292 posts

Posted by Million78 > 2017-04-19 16:20 | Report Abuse

ya CB premium is very low

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