Posted by Equityengineer > 2017-05-13 13:01 | Report Abuse

I choose to believe the 40Cents eps calculations... And why not..

Posted by possible88 > 2017-05-13 13:19 | Report Abuse

thanks for the explanation Sumato88!! your explanation is good and cut down my worries

Posted by pang72 > 2017-05-13 13:37 | Report Abuse

So, I think to close above rm10 is very easy now.

Posted by paperplane2016 > 2017-05-13 13:50 | Report Abuse

Yes pang. Monday I will panic buy

Posted by stockmanmy > 2017-05-13 13:54 | Report Abuse

plane

Petron and Pos.....both have gone up a lot. Frighteningly high.

I will sailang Pos while you sailang Petron....ok? deal?

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

plane

let me tell you some thing

A lot of the quarterly profits of Petron is actually stock valuation profits....stock valuations have huge huge impact on quarterly results.....meaning.....a good quarter will be followed by a bad quarter...and vice versa.

Posted by possible88 > 2017-05-13 14:26 | Report Abuse

Paperplane, please proceed with panic buy.i will follow u... hahaha

Posted by probability > 2017-05-13 14:27 | Report Abuse

paper is speculating...you all dont buy...he will dump all to you

Posted by suregain > 2017-05-13 14:50 | Report Abuse

Yup corect manmy, stock valuation.. Dun teach paper la.. Let him pokai when he sailang... Hahahah

Posted by superstrong > 2017-05-13 15:06 | Report Abuse

Petronm share holder so week one ?? never had faith in what their buying I just come and double confirm the eps, no worry now everything is right.

Posted by superstrong > 2017-05-13 15:08 | Report Abuse

He he he really superstrong

Posted by zexon > 2017-05-13 15:22 | Report Abuse

Stock valuation contributes to partial earning and will be offset by floating price mechanism ultimately. We should focus on their growth of sales and their refinery efficiency. Shell refinery need to pour alot more of capital to upgrade their facilities to compete with other refiners. While PetronM had upgraded in earlier years, is time to reap the fruits now.

''As one of the country’s major suppliers of petroleum
products, PDR had undergone several facility upgrades and
optimisation programmes resulting in increased efficiency
and long-term viability.
PDR proved its capability in product innovation, marking
a major milestone, when it produced the country’s first
and highest grade gasoline, the Blaze 100RON Euro 4M. It
is produced under stringent conditions to meet local and
international clean air standards.'' from AR2016

Posted by ckyap17 > 2017-05-13 16:11 | Report Abuse

let me top up more on monday.. i have faith on what i buy :)

Posted by sell > 2017-05-13 16:33 | Report Abuse

Agree. So sell into strength safer.

Posted by stockmanmy > May 13, 2017 02:04 PM | Report Abuse
plane

let me tell you some thing

A lot of the quarterly profits of Petron is actually stock valuation profits....stock valuations have huge huge impact on quarterly results.....meaning.....a good quarter will be followed by a bad quarter...and vice versa.

Posted by stockmanmy > 2017-05-13 17:10 | Report Abuse

CFAs call it regression analysis.
Amateurs take last quarter result and multiply by 4.





zexon > May 13, 2017 03:22 PM | Report Abuse

Stock valuation contributes to partial earning and will be offset by floating price mechanism ultimately. We should focus on their growth of sales and their refinery efficiency

Posted by paperplane2016 > 2017-05-13 18:51 | Report Abuse

Bullz. It's a good things for now. As profit keep increasing, price keep increasing. Why you have to worry.
The time to worry is when it reach stagnant growth.

Posted by probability > 2017-05-13 19:35 | Report Abuse

http://www.thestar.com.my/business/business-news/2017/05/13/oils-downstream-boon/

Posted by probability > 2017-05-13 19:45 | Report Abuse

take the article with a pinch of salt - no solid information there except the following:

(1) year 2016 was badly affected by the refinery margins, going forward would be better

(2) Hengyuan forced for Euro 4 implementation (plant has to be upgraded) will cause PetronM to have an edge on its refinery margin and mainly througput (currently its operating at 50% of its capacity).




Petron in its latest published annual report 2016 showed that it had reported a second consecutive year (financial year ended Dec 31) of profit after two consecutive years of losses in FY13 and FY14.

Its latest fourth quarter results saw its revenues rising by some 21% to RM2.29bil from RM1.88bil in the same quarter a year ago while net profit surged almost seven times to RM112.62mil.

Petron attributed the improved revenue to the increase in oil prices and sales volume while net profits were buoyed by the growth in sales volumes and better operating efficiencies.

The company however highlights in its annual report that in the bigger picture, product cracks which are the price differential between crude oil and finished products continued to narrow last year and that these have had an impact on its business.

Petron says that despite these headwinds; it reported an overall stronger year in 2016 due to an expansion in its presence, introducing innovative products and services and strengthened its logistics capabilities.

For Hengyuan, the company is moving forward after the switch in majority shareholder ownership from Shell Overseas Holdings Ltd to Malaysia Hengyuan International Limited (MHIL) in early 2016.

MHIL is an indirect unit of China’s state owned Shandong Hengyuan Petrochemical Group Company Ltd (SHPC) based in Shandong Province.

Hengyuan also recorded a second consecutive year of net profit in FY16 away from three prior years of losses in FY12 to FY14.

Similar to Petron, Hengyuan also notes that product cracks have weakened in 2016 and that had impacted its profit and revenue performance in FY16.

“Gross profit margin was at 10%, comparable to that of 2015, amidst lower revenue, primarily due to stockholding gains of US$1.40 per barrel equivalent to RM188mil, as the average crude and product prices saw a gradual recovery from US$47 per barrel (at the end of 2015) to US$61 per barrel (at the end of 2016),” the company says.

Hengyuan also notes that it is exploring the use of hedging to protect its refining margins.

Meanwhile, Hengyuan’s main focus moving forward however will be the planned implementation of the Euro 4M compliance in October 2018 which will require plant upgrades.

It notes that this is a crucial project to ensure the sustainability of the business and to meet the industry’s future requirements.

The company says that the final investment decision for the project will be presented to the board in the second quarter of the year, with the aim of completing construction in the second half of 2018.

Posted by HaoRan > 2017-05-13 21:34 | Report Abuse

Good company to hold :)

Posted by superstrong > 2017-05-13 22:17 | Report Abuse

All question now have clarified

Posted by superstrong > 2017-05-13 22:21 | Report Abuse

More save for ppl who want invest

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

He he he
All look annoyingly cheerful

Posted by newbie4444 > 2017-05-14 04:49 | Report Abuse

Hamzah to meet PDA members over drop in petrol, diesel prices
Read more at http://www.thestar.com.my/news/nation/2017/05/13/hamzah-to-meet-pda-members/#DbCQZrD9oq2TxQsz.99

Posted by newbie4444 > 2017-05-14 04:50 | Report Abuse

So Petron-manipulated stock? Who does it?

Posted by suregain > 2017-05-14 08:02 | Report Abuse

Weekly pricing is not as good to petronm as u thought... Beware next q result

Posted by 逍遥子 > 2017-05-14 08:29 | Report Abuse

Those suffer the stock loss are the small franchise operators that operate at the rural area. their sales volume are rather low so the inventory turnaround time is not fast enough to caught up with the petrol price changes.

Whereas for Big operators like Petdag, Shell & Petronm, weekly pricing mechanism is good as their inventory turnaround is huge & inventory turnaround time are fast. This will help to minimizes the quantum fluctuations of the income.

Posted by lordng94 > 2017-05-14 10:38 | Report Abuse

suregain, looks like you are not fully understand PetronM businesses. Because of this ignorance, fear has conquered you. You can't be successful if you're ruled by fear. Back to basic, you need to do own study and fully understand their businesses, how they make money and etc. Not asking questions on the forum and looking for answers btw posted negative comments and hope to drag the price down.

You jump too fast to conclude next quarter result. You cant even to predict 1st quarter result and now you talk about 2nd quarter report?

Posted by suregain > 2017-05-14 10:46 | Report Abuse

1st q confirm good.. We hv to look far beyond... We hv to act fast b4 bad things hapen...

Posted by lordng94 > 2017-05-14 10:59 | Report Abuse

suregain, are you sure? 2nd quarter still has one and half month to go. Anyway, hope Petron will bring prosperous to all of us here.

Posted by suregain > 2017-05-14 11:02 | Report Abuse

Stock market has to look further... Not looking one two weeks ahead... U r slow

Posted by lordng94 > 2017-05-14 11:11 | Report Abuse

All right suregain, sounds professional, should look for further until next quarter.. Ok got it!

Posted by HaoRan > 2017-05-14 14:47 | Report Abuse

Monday is coming, let`s continue blazing forward :)

Posted by possible88 > 2017-05-14 15:41 | Report Abuse

tomorrow will be another good day..huat huat huat

Posted by pang72 > 2017-05-14 22:26 | Report Abuse

Momentum will continue to hit rm10.00 with all mathematical doubtful being clear

Posted by tong01 > 2017-05-14 23:47 | Report Abuse

OPEC 26th May meeting expect to extend oil cut, this probably going to support oil price. Isn't higher oil price will affect PetronM crack spread negatively?

Posted by Kadir Almushayah > 2017-05-15 07:03 | Report Abuse

tong01...that may happen n price will b affected

Posted by HaoRan > 2017-05-15 08:53 | Report Abuse

Let the engine start

Posted by Million78 > 2017-05-15 09:02 | Report Abuse

good^^

Posted by Sonic128 > 2017-05-15 09:13 | Report Abuse

no power ?

Posted by Million78 > 2017-05-15 09:31 | Report Abuse

go 9? good^^

Posted by HaoRan > 2017-05-15 09:32 | Report Abuse

:D

Posted by HaoRan > 2017-05-15 10:16 | Report Abuse

top up :)

Posted by Million78 > 2017-05-15 10:18 | Report Abuse

shopping time^^

Posted by HaoRan > 2017-05-15 10:28 | Report Abuse

lol, who`s playing with petron haha

Posted by win_win > 2017-05-15 10:41 | Report Abuse

Hengyuan is trading at PE13 now, think yourself...

Posted by suregain > 2017-05-15 10:44 | Report Abuse

hengyuan pe13?? sure or not?

Posted by ken > 2017-05-15 10:49 | Report Abuse

I think you are based on KLSE Screener.. that is not accurate.

Posted by HaoRan > 2017-05-15 10:57 | Report Abuse

coming back :)

Posted by shidayea > 2017-05-15 10:59 | Report Abuse

Collect done for tdy.. waiting for dividend...

Posted by 逍遥子 > 2017-05-15 11:06 | Report Abuse

personally I guess RXX Investment Bank is doing damage control now.