PETRONAS CHEMICALS GROUP BHD

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

Overview

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 (%)

62.26%

52 Weeks Range

4.50 - 7.31

52 Weeks Price Volatility (%)

17.08%

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

Financial Highlight

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%

Market Buzz
Company Profile

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.

Discussions
12 people like this. Showing 50 of 4,763 comments

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)
21/11/2024 4.57 4.89 +0.32 (7.00%) HOLD MIDF (Smashed)
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

abcb

Keep moving up for window dressing tomorrow

3 weeks ago

abcb

Closing price 5.10 ,up 0.29

3 weeks ago

Whythefuss

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

Daim88

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

nisah395

Close below 5.00 ?

3 weeks ago

Mohd ImranRafifi

Give you the opportunity to pick up below RM5 😁

3 weeks ago

nisah395

Tomorrow another 0.10 lower?

3 weeks ago

nisah395

4.87

3 weeks ago

nisah395

Closed 4.98 bravo

3 weeks ago

BursaVulture

China going big on petrol chemicals…. Can beat china?

2 weeks ago

nisah395

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

Dello99

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

AhHuat168

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

Mohd ImranRafifi

At what price you think they were trapped ? 😅

2 weeks ago

nisah395

Heading 4.50 ?

1 week ago

albert787378

runnnnnnnnnn

1 week ago

williamh

Close above 5 at the end Of the year

1 week ago

Mabel

Haha oledi touches RM 5 today...

Meow Meow Meow

1 week ago

Mabel

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

nisah395

It does not want to stay above 5.00 :(

6 days ago

Dakewlest

Sifu, anyone buying and still keeping this stock?

6 days ago

Mabel

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

Dakewlest

Anyone still buying?

6 days ago

Dakewlest

Mabel, do u still think it is worth buying at this price?

6 days ago

metaverse

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

nisah395

Can stay above 5.13?

3 days ago

Mabel

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

enning22

台塑、南亞、台塑化、台化四家重摔!中國石化業,有多高大?
https://www.youtube.com/watch?v=J8dhG7qzbqs

3 days ago

enning22

本業虧損、股價破底,台塑到底發生什麼事?曾經的夢幻定存股還能上車嗎?
https://www.youtube.com/watch?v=4JaswKULBk4

3 days ago

enning22

台塑四寶還有救?3訊號出現快逃
https://www.youtube.com/watch?v=NJIkJHa2Zjk

3 days ago

Mohd ImranRafifi

Very powerful momentum today. Good job, Pchem

3 days ago

nisah395

@Dakewlest, did you pickup @5.05 just now?

3 days ago

nickick

Very nice profit so far haha

3 days ago

Diego2020

awww, this metaverse guy need to cook a lil longer, he didnt read the actual reports...

2 days ago

Mabel

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

8u29song

yes..496 again

1 day ago

8u29song

wait also at 492 if down again

1 day ago

albert787378

runnnnnnnnnnnnnn

22 hours ago

nisah395

4.89

20 hours ago

cktay

Not sure about today, but on 31st Dec 2024, Foreign funds bought 8m net
and Local retailer sold 6m net

20 hours ago

enning22

ICU Stock、

19 hours ago

Mabel

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

nisah395

PCHEM is safe. Every day can make profit. The play range is there.

2 hours ago

8u29song

YESSS

26 minutes ago

8u29song

NO JOKE....KLCI to hit 1800 in 2025.....

24 minutes ago

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