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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 12 hours ago

paperplane2016

21,644 posts

Posted by paperplane2016 > 2017-05-09 20:41 | Report Abuse

Which cb you talking probability

probability

14,490 posts

Posted by probability > 2017-05-09 20:43 | Report Abuse

petron CB...
yup..those who want to mimimize risk - good decision converting to mother.

thenewbee

3,605 posts

Posted by thenewbee > 2017-05-09 22:24 | Report Abuse

cc still got 4 months to go, use cc convert to mother later on better

Posted by little_snake > 2017-05-10 00:29 | Report Abuse

how to convert to mother by using cw? can u teach me? kikiki

probability

14,490 posts

Posted by probability > 2017-05-10 00:30 | Report Abuse

convert means just sell and buy mother la...especially those without premium

Posted by richie5402 > 2017-05-10 08:30 | Report Abuse

Recent share price surge is mainly driven by strong earning recovery (for at least another 3Q).
The management is very capable and competent in growing key business segment and once the loans are also fully settled in next 1.5 year's. With solid financial position, good free cash flow and higher market shares, it's PE valuation will definately expand to a reasonable level. This company will reward us handsomely if we believe his future.

Thanks to every good forum members sharing factual info and in-depth analysis.

ckyap17

54 posts

Posted by ckyap17 > 2017-05-10 11:45 | Report Abuse

Hot stock should not have any issues. Last time i grab padini cf when the price was 0.03 and now the price is 0.27 but still have buyers. I would prefer petronm cb because is undervalue compared to cc and price can go higher compared to mother. If price up too fast then we can expect more risk for correction.

paperplane2016

21,644 posts

Posted by paperplane2016 > 2017-05-10 15:05 | Report Abuse

I follow Jay. Must say thanks to Jay

sell

2,456 posts

Posted by sell > 2017-05-10 17:22 | Report Abuse

If petrol price keep dropping how Petron make more money?

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-05-10 17:32 | Report Abuse

the accounts are in their hand, if many retails buy they will post a sudden loss, just like some years ago and the stock from almost RM 7 fell to below RM 3. if nobody buy they will post very good results. it's like the account of many oil companies which stock price keep droping but they haven't posted heavy losses yet, maybe they can delay their losses?

逍遥子

805 posts

Posted by 逍遥子 > 2017-05-10 17:52 | Report Abuse

Petrol price won't affect their profit other than small amount of stock losses.

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-05-10 17:58 | Report Abuse

then how come petron can posted losses of a few hundred million a couple of years ago???

ckyap17

54 posts

Posted by ckyap17 > 2017-05-10 18:07 | Report Abuse

As global crude oil was > usd 50 for the past quarter and would foresee the results is going to be fantastic when quarterly report is going to be released this month.

zexon

330 posts

Posted by zexon > 2017-05-10 18:21 | Report Abuse

Retail price drops meanwhile PetronM is benefiting from lower crude oil price too. Since the implementation of free floating mechanism, refinery and retailer like PetronM has better position than ever before.

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-05-10 18:23 | Report Abuse

they already pump and hold this stock haven't dump yet.

逍遥子

805 posts

Posted by 逍遥子 > 2017-05-10 18:23 | Report Abuse

Refinery margin, hedging oil price & forex rate are the 3 main factors that affect their profit margin

zexon

330 posts

Posted by zexon > 2017-05-10 18:26 | Report Abuse

We should not worry about will PetronM make money, instead what we should worry is will PetronM management privatize and delist the company.

zexon

330 posts

Posted by zexon > 2017-05-10 18:28 | Report Abuse

逍遥子,I can smell someone havnt on board and start mata merah. Haha

逍遥子

805 posts

Posted by 逍遥子 > 2017-05-10 18:43 | Report Abuse

This privatisation issue, personally I don't think they will do it cause Petron Corp/SM group is not only eyeing for Malaysia petrol retail market, in fact they have a lot of other business plan once Petronm set a good foothold.

Recently SM group just stated they intend to start a food business division at Malaysia & Petron 580 petrol stations will be a very good network for their business.

So it to keep Petronm as listed company will be good for their strategy plan in term of branding & exposure

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-05-10 18:50 | Report Abuse

this stock can privatize??? nah....don't dream

suregain

1,611 posts

Posted by suregain > 2017-05-10 19:26 | Report Abuse

Watever d case, petron corp oredi released result stating malaysian operation increased 355%. So result will be good.... Stil can buy cb or cc? Wana try luck on call warant. Any advice?

Posted by Kadir Almushayah > 2017-05-10 19:29 | Report Abuse

To all petronm shareholders..congrats fr yr good buy

J Trader

112 posts

Posted by J Trader > 2017-05-10 19:32 | Report Abuse

wao impressive, 130 mil bottom line, add bullet tmr^^
angpao huat huat ya to all steady shareholder out there.

probability

14,490 posts

Posted by probability > 2017-05-10 19:33 | Report Abuse

dont miss the gap up like last qtr results..

AllWin

782 posts

Posted by AllWin > 2017-05-10 19:37 | Report Abuse

Apollo, here you are. Create negative comments everywhere. I don't see a single positive history comment from you.

newbie4444

1,264 posts

Posted by newbie4444 > 2017-05-10 19:37 | Report Abuse

Petron not petrol company? Petrol drop 10 sen tomorrow meaning less income? Already 3 weeks petrol drop.

zexon

330 posts

Posted by zexon > 2017-05-10 19:41 | Report Abuse

Newbie4444, crude oil price drops at the same time right?

stockraider

31,556 posts

Posted by stockraider > 2017-05-10 19:42 | Report Abuse

IF PETRON NOT PETROL COMPANY...U THINK 7 ELEVEN MEH ?

BUT IF 7 ELEVEN TYPE OF BUSINESS LAGI WORSE....NOT DOING THAT WELL LOH...!!

U JUST LOOK AT BERJAYA RETAIL HOW THEY PERFORM LEH ?

PETRON PETROL BUSINESS IS DOING VERY WELL MAH...!!

probability

14,490 posts

Posted by probability > 2017-05-10 19:43 | Report Abuse

newbie...i suggest u wait for the petrol price to rise 20 sen and then wait for 3 weeks and then buy.

posted by newbie4444 > May 10, 2017 07:37 PM | Report Abuse

Petron not petrol company? Petrol drop 10 sen tomorrow meaning less income? Already 3 weeks petrol drop.

newbie4444

1,264 posts

Posted by newbie4444 > 2017-05-10 19:44 | Report Abuse

I will pump more oil when petrol drop but less when oil high. So how can Petron earn more when oil drop? This or next week I will fill petrol my car full tank after stop filling last few weeks.

Posted by zexon > May 10, 2017 07:41 PM | Report Abuse
Newbie4444, crude oil price drops at the same time right?

suregain

1,611 posts

Posted by suregain > 2017-05-10 19:44 | Report Abuse

Tomorow i wil add if any px corection

probability

14,490 posts

Posted by probability > 2017-05-10 19:47 | Report Abuse

newbie...you car is a big as your mama's CB...surely the petrol station become empty when u fill up - as such PetronM will earn good income from you - but not you from Petron.

Posted by newbie4444 > May 10, 2017 07:44 PM | Report Abuse

I will pump more oil when petrol drop but less when oil high. So how can Petron earn more when oil drop? This or next week I will fill petrol my car full tank after stop filling last few weeks.

Posted by zexon > May 10, 2017 07:41 PM | Report Abuse
Newbie4444, crude oil price drops at the same time right?

pang72

51,010 posts

Posted by pang72 > 2017-05-10 20:14 | Report Abuse

very good article on estimation of PetronM quarterly result.

pang72

51,010 posts

Posted by pang72 > 2017-05-10 20:15 | Report Abuse

I am actually feel weird that Petornm only up 47sen last tuesday!!
It should limit up instead....

Posted by Bluemoon888888 > 2017-05-10 20:44 | Report Abuse

12.5 on the way .

yuanlong57

1,528 posts

Posted by yuanlong57 > 2017-05-10 21:11 | Report Abuse

Bluemoon888888, so sure?

Posted by Bluemoon888888 > 2017-05-10 22:13 | Report Abuse

Sure or not let's see after 3months time .

Posted by Bluemoon888888 > 2017-05-10 22:16 | Report Abuse

Bet on petronm better than bet on jj investment game lah .

Posted by Equityengineer > 2017-05-10 22:49 | Report Abuse

Buy both CB and CC lar...

probability

14,490 posts

Posted by probability > 2017-05-10 23:44 | Report Abuse

wtf happen to wti?

https://www.investing.com/commodities/crude-oil-news

tong01

20 posts

Posted by tong01 > 2017-05-10 23:52 | Report Abuse

EIA report showed big draw on crude and gasoline.
http://oilprice.com/Energy/Energy-General/Bullish-EIA-Inventory-Data-Boosts-Crude-Prices.html

逍遥子

805 posts

Posted by 逍遥子 > 2017-05-10 23:54 | Report Abuse

EIA report show that oil inventory drop 5.2 mils barrels last week

Posted by Kadir Almushayah > 2017-05-11 00:11 | Report Abuse

Oil price up up

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-05-11 00:17 | Report Abuse

limit sky price are 8 last time.

zoomsbooms

783 posts

Posted by zoomsbooms > 2017-05-11 01:10 | Report Abuse

apollo surrounding orbit everywhere..making scare..u want other people to swear u jadi apollo 13 ka?

paperplane2016

21,644 posts

Posted by paperplane2016 > 2017-05-11 08:19 | Report Abuse

EPS 0.40 per quarter. If x 4. 1.60. pe 10, 16

paperplane2016

21,644 posts

Posted by paperplane2016 > 2017-05-11 08:19 | Report Abuse

Even pe 8. RM 12.80.

thenewbee

3,605 posts

Posted by thenewbee > 2017-05-11 09:04 | Report Abuse

up to the sky gogo 8.50 today

Sonic128

161 posts

Posted by Sonic128 > 2017-05-11 09:06 | Report Abuse

hopefully, just enter.. pray..

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