KLSE (MYR): PCHEM (5183)
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Last Price
4.99
Today's Change
+0.13 (2.67%)
Day's Change
4.82 - 5.02
Trading Volume
4,457,500
Market Cap
39,920 Million
NOSH
8,000 Million
Avg Volume (4 weeks)
3,882,161
4 Weeks Range
4.65 - 5.18
4 Weeks Price Volatility (%)
52 Weeks Range
4.50 - 7.31
52 Weeks Price Volatility (%)
Previous Close
4.86
Open
4.85
Bid
4.99 x 40,500
Ask
5.00 x 42,200
Day's Range
4.82 - 5.02
Trading Volume
4,457,500
Latest Quarter | Ann. Date
30-Sep-2024 [#3] | 20-Nov-2024
Next QR | Est. Ann. Date
31-Dec-2024 | 26-Feb-2025
T4Q P/E | EY
51.88 | 1.93%
T4Q DY | Payout %
3.01% | 156.25%
T4Q NAPS | P/NAPS
4.67 | 1.07
T4Q NP Margin | ROE
2.93% | 2.06%
2025-01-03
2025-01-03
2025-01-03
2025-01-03
2025-01-02
2025-01-02
2025-01-02
2024-12-31
2024-12-31
2024-12-30
2024-12-30
2024-12-30
2024-12-30
2024-12-27
2024-12-27
2024-12-27
2024-12-27
2024-12-27
Sector: INDUSTRIAL PRODUCTS & SERVICES
Sector: INDUSTRIAL PRODUCTS & SERVICES
Subsector: CHEMICALS
Subsector: CHEMICALS
Description:
Petronas Chemicals Group Bhd manufactures and sells a variety of petrochemicals. The firm organizes itself into two segments based on product type: Olefins & Derivatives and Fertilizers & Methanol. The Olefins & Derivatives segment, which generates the majority of revenue, sells chemicals used in the production of acrylic acids, antifreeze, printing ink, dyes, gas treating solvents, personal care products, and plastics used in packaging films, wires, cables, and ducting. The Fertilizers & Methanol segment sells chemicals used in gasoline additives, plastic resins, ammonia, and fertilizers. The majority of revenue comes from Malaysia, China, and Indonesia.
Technical chart looks promising and positive. Based on my last post I still keep my long term positive outlook. Partly reduced sell off on PetChem shares and compared to last week overall bursa fund exit out are also reduced. This could be of support for another couple of week till we know extent in Jan 2025.
Storm has not fully cleared yet as there could be partial volatility ( global outlook ) but I’m optimistic in long run. For short term , we have all gained since last 2 weeks movement.
3 weeks ago
PM akan umum formula agihan gas Petros-Petronas, kata Abang Jo
https://www.freemalaysiatoday.com/category/bahasa/tempatan/2024/12/10/pm-akan-umum-formula-agihan-gas-petros-petronas-kata-abang-jo/
Petronas - Petros dispute finally reach win-win solution, no wonder Petronas related stocks all shot up quickly yesterday. Today, oil related stocks is likely to continue up trends.
3 weeks ago
KUCHING (Dec 6): Inner Mongolia Yuantong Coal Chemical Group Co Ltd, a leading China company, has proposed the establishment of a state-of-the-art petrochemical plant in Sarawak, in line with the state’s vision for industrial and economic development goals.
2 weeks ago
KUCHING (Dec 6): Inner Mongolia Yuantong Coal Chemical Group Co Ltd, a leading China company, has proposed the establishment of a state-of-the-art petrochemical plant in Sarawak, in line with the state’s vision for industrial and economic development goals.
Sad country, no unity!
2 weeks ago
This stock seems like losing momentum dy,those who get trap, maybe can sell at next rebound price around 4.9-4.92 , most likely continue downtrend after that.
2 weeks ago
Petronas Chemicals (PCHEM) is expected to recover in 2025 as reported by a local research house.
With cyclical trends influencing the industry, polyolefin prices are projected by the local research house to rise in 2025, averaging USD1,150 per tonne.
PCHEM is also planning a major turnaround for one of its crackers, aligning with global maintenance cycles for plants commissioned between 2018–2022. These turnarounds are expected to tighten polyolefin supply, driving higher selling prices.
1 week ago
Nice...closed at RM 5.01...
Mabel still holding...
Mabel starts to re-enter PCHEM after it breaches both support level at RM 4.53 conservatively as the QR is expected to be announced on the 28th November.
With PCHEM EPS of MYR 0.25 (as per the latest data) and the PE ratio of 19.02:
PCHEM Fair Value Price = 0.25 ×19.02 = RM 4.76
This means that Mabel has collected at a good price given today’s closing prices is MYR 4.55 which is slightly under the above fair value...
6 days ago
https://www.scoop.my/news/241574/petronas-staff-to-be-shown-the-door-to-make-up-losses-from-petros-deal/
Petronas cutting back
4 days ago
For retired uncles who missed the bus to Genting Highland, please think twice before you jump into this shark's pond to join the crab party as the top 20% of the biggest shareholders own 80% of the shares, making this company top-heavy with many fund managers trapped at high prices with more crab sellers than buyers.
The global market for polythene is similar to the steel industry, which collapsed in the blink of an eye. Local weak steel players like Perwaja or Lion could not compete with Chinese conglomerates and South Korean chaebols as they flooded the market and crashed the price.
PCHEM is the same as Taiwan's Formosa Chemical (台塑), founded by Taiwan's richest man, Wang Yung-ching (台湾经营之神王永庆), whose share price also crashed due to global competition and environmental issues:
https://www.youtube.com/watch?v=qoxnmfg_e8s
Is plastic falling out of favour? Polythene demand in decline:
https://actionpoint.co.uk/is-plastic-falling-out-of-favour-polythene-demand-in-decline/
比特币十万不是梦:
https://klse.i3investor.com/web/blog/detail/mindfullness/2024-11-25-story-h474815098
4 days ago
Dakewlest Mabel, do u still think it is worth buying at this price?
27/12/2024 11:32 PM
It's actually your call. If you need to buy, buy at support level 5.07/4.96
As always trade at your own risk..
Meow
3 days ago
awww, this metaverse guy need to cook a lil longer, he didnt read the actual reports...
2 days ago
nickick Very nice profit so far haha
31/12/2024 11:41 AM
Indeed, PCHEM has always been a great company for Investment & trading...
Always full of actions..
To Our Success !
1 day ago
Not sure about today, but on 31st Dec 2024, Foreign funds bought 8m net
and Local retailer sold 6m net
20 hours ago
AI's Growing Energy Demands Drive Infrastructure Needs The increasing power requirements of artificial intelligence are creating significant demands on energy infrastructure.
A single NVIDIA AI chip reportedly uses as much electricity as a Tesla vehicle, with NVIDIA selling approximately 8 million chips annually.
This massive energy demand is driving interest in various power generation methods, from nuclear to natural gas.
For those who does not believe in PCHEM, cum and join us at YTL Power..
Beyond the construction sector, four other industries outpaced the FBMKLCI’s 12.90% gain, showcasing robust growth and investor interest. Here’s a closer look at one of the top-performing sectors:
Utilities: A Surge of 34.48%
The Bursa Utilities Index posted an impressive return of 34.48% in 2024, driven by rising demand for renewable energy and power generation projects. The government’s push for clean energy initiatives and the transition towards a greener economy played a crucial role in boosting this sector. Companies involved in solar, wind, and hydropower projects saw significant capital inflows as investors aligned their portfolios with Environmental, Social, and Governance (ESG) principles.
YTLPOWER's stock price increased by 73.33% in 2024.
TENAGA's stock price increased by 49.40% in 2024.
YTL's stock price increased by 42.02% in 2024.
Meow Meow Meow
4 hours ago
Mabel
Yes Lah..
Date Open Price Target Price Upside/Downside Price Call Source News
21/11/2024 4.55 5.53 +0.98 (21.54%) BUY TA (Cumming)
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21/11/2024 4.55 5.00 +0.45 (9.89%) HOLD KENANGA (Smashed)
21/11/2024 4.55 6.00 +1.45 (31.87%) BUY BIMB (Cumming)
3 weeks ago