PETRONAS CHEMICALS GROUP BHD

KLSE (MYR): PCHEM (5183)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

6.31

Today's Change

-0.02 (0.32%)

Day's Change

6.30 - 6.39

Trading Volume

3,205,900

Details of Changes
Securities After Change
Transactions
Ann. Date Name Details of Changes Securities After Changes
Date Type No. of Shares Price Direct (%) Indirect (%) Total (%)
Discussions
10 people like this. Showing 50 of 4,088 comments

Mohd ImranRafifi

Is pchem into plastics industry?

2 months ago

Mabel

What Matters is PCHEM is listed in Bursa Hall of Fames...

Pos Code Stock M-Cap L4Q P/E
1 1155 *MAYBANK* 118135461959.68 12.29
2 1295 PBBANK 81719012204.35 12.28
3 1023 *CIMB* 70593871096.70 9.86
4 5347 TENAGA 68984995902.32 26.50
5 5225 IHH 55219842743.01 16.28
6 5183 *PCHEM* 54960000000.00 31.41
7 6947 CDB 49037703389.84 31.30
8 8869 PMETAL 44081955112.30 29.05
9 5819 HLBANK 41750254149.84 10.67
10 6742 *YTLPOWR* 36125825721.96 10.69
11 6033 PETGAS 35656749108.30 18.76
12 3816 MISC 35219327582.67 17.98
13 4677 YTL 33427033750.20 9.03
14 5285 *SIMEPLT* 30636615682.43 15.07
15 4707 NESTLE 29828400000.00 45.20
16 6012 MAXIS 28038836053.80 28.26
17 1961 *IOICORP* 25455055929.75 28.70
18 2445 *KLK* 25276697918.00 32.71
19 6888 AXIATA 25250274175.50
20 1066 RHBBANK 23574914555.50 8.39
21 4863 TM 23447908790.80 12.44
22 4065 PPB 22619323130.10 15.92
23 5681 PETDAG 21697035360.00 22.44
24 5211 *SUNWAY* 19644237976.54 22.96
25 1082 HLFG 19324184427.60 4.42
26 4197 *SIME* 19151829191.37 5.00
27 3182 GENTING 17407263484.51 7.68
28 5014 AIRPORT 17019255206.40 31.33
29 7084 QL 15672751975.16 35.20
30 4715 GENM 15438916084.80 42.78
31 5296 MRDIY 14550607366.68 25.95
32 5398 *GAMUDA* 14540621082.75 16.17
33 1015 AMBANK 14052143738.56 7.62

To Our Success!

Meow

2 months ago

Mohd ImranRafifi

Follow EPF chipping in 😁

2 months ago

yeinemesis

Then drop 0.11

2 months ago

Sslee

PCG’s dividend is based on Dividend Policy where the payout ratio is around 50% of Group PATANCI (Profit After Tax and Non-Controlling Interests).
In deciding the dividend payment, the Board and Management takes into account the Company’s earnings, working capital and capital growth requirements as well as other factors to ensure prudent cash management.

Overcapacity, increasing competition forcing reducing margin, slow growth of market demand and etc is expected for the next few years

What do you expect Group PATANCI and dividend will be for the next few years?

1 month ago

Mohd ImranRafifi

Get ready to receive an impressive result at this month end 😊

1 month ago

kong73

Ok we wait

1 month ago

Mohd ImranRafifi

don't know if it will break rm7 before the qr is out ..

1 month ago

Junichiro

Looking at it, the coming results does not look impressive.

1 month ago

Sslee

Urea futures fell to around $290 per tonne, reaching an over 3-year low, as lower natural gas and ammonia prices continued to offer fertilizer producers cost-effective feedstock. Abundant global natural gas supply, spurred by a mild winter, enabled manufacturers to ramp up production, aiding farmers in replenishing their reserves. Additionally, subdued demand for ammonia lowered expenses for fertilizer producers. At the same time, India, one of the world's largest consumers, plans to stop importing urea by the end of 2025, citing concerns about soil fertility and human health. The country's imports already decreased by 21% in 2023.

https://tradingeconomics.com/commodity/urea

1 month ago

kong73

Oh no urea price dropping

1 month ago

Mohd ImranRafifi

EPF started disposing PCHEM and PETGAS ... Wonder why

1 month ago

kong73

Normal for them to create liquidity

1 month ago

Sslee

Indonesia is likely to start operations of 22 petrochemicals projects from 2021 to 2025, mainly driven by strong demand for plastics and fertilizers, according to GlobalData, a leading data and analytics company.

GlobalData’s latest report, ‘Petrochemicals New Build and Expansion Projects Market Size, Share & Trends Analysis report by type, region, key commodities, and key countries forecasts and analysis 2021–2025’ reveals that out of the 22 projects expected to commence operations in Indonesia, four will be methanol projects, followed by three polypropylene projects.

Bhargavi Gandham, Oil & Gas Analyst at GlobalData, comments: “Indonesia, one of the largest economies in Southeast Asia, is witnessing strong demand for petrochemicals, especially for plastics and fertilizers. Indonesian government plans to minimize dependence on petrochemicals imports by promoting the domestic petrochemical sector to meet the soaring demand.”

Among the upcoming methanol projects in Indonesia, the Air products Bengalon Methanol Plant project leads with a production capacity of 2 MMtpy. The project is expected to start operations in 2025.

GlobalData notes that among the upcoming polypropylene projects, the PT Trans Pacific Petrochemical Indotama Tuban Polypropylene Plant project and Lotte Chemical Corporation Cilegon Polypropylene Plant project lead with a production capacity of 600,000 tpy each. The PT Trans Pacific Petrochemical Indotama Tuban Polypropylene Plant is expected to start operations in 2024 while Lotte Chemical Corporation Cilegon Polypropylene Plant will commence operations in 2025.

1 month ago

rickygiam

Pchem is FBMKLCI component stock. KWSP keep buying, its supporting at 6.85, its going to break 7.04, next target 7.40. QR results should improve, dont miss the boat.. Recommended BUY

1 month ago

Mabel

Broken oledi..now trading RM 7.09..

So Power...

Meow

1 month ago

Mohd ImranRafifi

Ya, it broke RM7 despite EPF disposed it 😃

1 month ago

rickygiam

Epf dispose cause need to adjust portfolio for kswp account3, incase some members need immediate CASH...

1 month ago

Mohd ImranRafifi

EPF adjust its portfolio here and buy CTOS instead. ha

1 month ago

Sslee

The results of the Group’s operations are primarily influenced by global economic conditions, petrochemical
products prices which have a high correlation to crude oil price, particularly for the Olefins and Derivatives segment,
utilisation rate of our production facilities and foreign exchange rate movements.

The utilisation of our production facilities is dependent on plant maintenance activities and sufficient availability of
feedstock as well as utilities supply. The Group will continue with its operational excellence programme and supplier
relationship management to sustain plant utilisation level at above industry benchmark.

The Group anticipates product prices for olefins & derivatives to stabilise on steady demand amidst sufficient supply
post regional plant turnaround activities. Fertiliser and methanol product prices will be subdued following lower
fertiliser demand amidst delayed planting season, and ample methanol supply into the region. For specialties, the
Group expects modest recovery in certain end markets, dependent on the overall macroeconomic and supply
demand dynamics.

1 month ago

James_Bond

I m disposing pchem, fyi!

1 month ago

James_Bond

Lucky could run first for this cyclical business! Tech has better upside than this!

1 month ago

James_Bond

Ringgit is strengthening… forex gain will be lesser, watch out!

1 month ago

Sslee

CAPITAL COMMITMENTS
Capital expenditures which have not been provided for at the end of each reporting period are as follows:
In RM Mil
As at 31 March 2024
As at 31 December 2023
Property, plant and equipment:
Approved and contracted for 1,554: 80
Approved but not contracted for 1,988: 3,329
3,542: 3,409

Very soon the cash will be gone too. Then how to pay good dividend?

1 month ago

Mabel

Petronas Chemicals
PCHEM said profit attributable to shareholders jumped to 668 million ringgit in the first quarter, from 532 million ringgit a year earlier.

Basic earnings per share rose to 0.08 ringgit, versus 0.07 ringgit a year ago, according to a Wednesday Malaysian bourse filing.

Revenue, however, slid year over year to 7.50 billion ringgit from 7.56 billion ringgit, the petrochemicals company said.

The board did not recommend a dividend for the period.

1 month ago

Oldboynewnoob

Mabel, still good to pick up? At what price?

1 month ago

Mabel

Oldboynewnoob Mabel, still good to pick up? At what price?
30/05/2024 5:02 PM

Mabel is waiting to pick up at RM 6.3...

Kenanga price target is also good at RM 6.28..

The Real Trick To Investing Is — Patience.

To Our Success !

Meow

1 month ago

Mohd ImranRafifi

Is buying at cheap price a dream? It goes up instead 😅

3 weeks ago

Mabel

Haha very true...

3 weeks ago

Mabel

This 56% increase in diesel prices in Malaysia, resulting from the government’s revamp of fuel subsidies, has implications for various sectors, including companies like Petrochemical Corporation of Malaysia (PCHEM). Here are some key points:

Costs and Margins: PCHEM, being a major player in the petrochemical industry, relies on diesel for transportation, logistics, and energy generation. The price hike may lead to increased operating costs for PCHEM, affecting profit margins.

Revenue Impact: If PCHEM sells products domestically, higher diesel costs could impact its customers’ purchasing power, potentially affecting demand. However, if PCHEM exports products, the impact may be less direct, as international markets have varying diesel prices.

Meow

2 weeks ago

Mohd ImranRafifi

Thanks, Mabel. Then it is not a benefit but an impact

2 weeks ago

spammerx

I'm still using plastic and with data centre coming up. TNB need all the insulation for the cable.

2 weeks ago

andytfyap

It seems like the share is consistently going down for weeks. Presume it might fall to the expected prices. Shall we wait and buy at that level?

1 week ago

Mohd ImranRafifi

What price do you wish to buy at, andytfyap ?

1 week ago

andytfyap

Any suggestion ?

1 week ago

kong73

Aiyaa find out what the intrinsic value and buy below that price laa

1 week ago

furball

70 to 75 pct of the company’s revenue is generated outside malaysia. So impact of diesel rationalisation will have some impact but not too much i suppose

1 week ago

kong73

Their Feedstock price link with the crude oil price

6 days ago

Mohd ImranRafifi

Yup, when crude oil price goes up, their feedstock price will go up also

5 days ago

bullrun168

Walaoeh, oil price spike up like mad !
Brent closed at=> $86.01 +0.77 +0.90 %
Heng ah, Ong ah, Huat ah !

5 days ago

Mabel

Mabel reenter today at RM 6.41..

Now waiting at RM 6.40..

Meow

5 days ago

James_Bond

Mabel, your serbak dinamik battle ship submerged and brought many people died in the ocean. Now you still dare to bring the rest of newbies to sink with you?! Goodness!

4 days ago

kong73

Petchem to fall like Serba Dinamik probability is zero

4 days ago

Mabel

SD went downhill due to False accounting . Nothing much we can do when honesty is compromised..

Here we have an honest index company..

kong73 is spot on..

PCHEM is a strong company..

Want to play safe wait until it touches RM 6.3..

Now PCHEM climb up oledi..

Loves this counter..

Trade at your own risk Ya..

Your money your call..

Meow

4 days ago

Mabel

PCHEM is listed in Bursa Hall of Fames...

Those with * are the counters Mabel is holding...

Pos Code Stock M-Cap L4Q P/E
1 1155 *MAYBANK* 118135461959.68 12.29
2 1295 PBBANK 81719012204.35 12.28
3 1023 *CIMB* 70593871096.70 9.86
4 5347 TENAGA 68984995902.32 26.50
5 5225 IHH 55219842743.01 16.28
6 5183 *PCHEM* 54960000000.00 31.41
7 6947 CDB 49037703389.84 31.30
8 8869 PMETAL 44081955112.30 29.05
9 5819 HLBANK 41750254149.84 10.67
10 6742 *YTLPOWR* 36125825721.96 10.69
11 6033 PETGAS 35656749108.30 18.76
12 3816 MISC 35219327582.67 17.98
13 4677 YTL 33427033750.20 9.03
14 5285 *SIMEPLT* 30636615682.43 15.07
15 4707 NESTLE 29828400000.00 45.20
16 6012 MAXIS 28038836053.80 28.26
17 1961 *IOICORP* 25455055929.75 28.70
18 2445 *KLK* 25276697918.00 32.71
19 6888 AXIATA 25250274175.50
20 1066 RHBBANK 23574914555.50 8.39
21 4863 TM 23447908790.80 12.44
22 4065 PPB 22619323130.10 15.92
23 5681 PETDAG 21697035360.00 22.44
24 5211 *SUNWAY* 19644237976.54 22.96
25 1082 HLFG 19324184427.60 4.42
26 4197 *SIME* 19151829191.37 5.00
27 3182 GENTING 17407263484.51 7.68
28 5014 AIRPORT 17019255206.40 31.33
29 7084 QL 15672751975.16 35.20
30 4715 GENM 15438916084.80 42.78
31 5296 MRDIY 14550607366.68 25.95
32 5398 *GAMUDA* 14540621082.75 16.17
33 1015 AMBANK 14052143738.56 7.62

To Our Success!

Meow

4 days ago

Leesa688

PetChem most disappointing company. After averaging still go down! When go up only a few cents. What is happening to the Petronas companies - Petronas Dagangan shares also plunging!

2 days ago

Mohd ImranRafifi

Foreign funds were selling Petronas ... I think

1 day ago

Post a Comment