KLSE (MYR): PCHEM (5183)
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Last Price
5.12
Today's Change
+0.09 (1.79%)
Day's Change
5.06 - 5.12
Trading Volume
1,439,000
Company warrants are issued by the company and give the holders the right, but not an obligation, to subscribe for new ordinary shares at a specified price during a specified period of time.
Structured warrants are proprietary instruments issued by a third-party issuer, namely an eligible broker or financial institution that give holders the right, but not the obligation, to buy (call warrants) or sell (put warrant) the underlying instrument in the future for a fixed price.
A call warrant is in-the-money when the exercise price is lower than the price of the underlying share.
A put warrant is in-the-money when the underlying share price is lower than the exercise price.
In the money
In the money
In the money
Walaoeh, oil price spike up like mad !
Brent closed at=> $80.93 +2.88 +3.69 %
Heng ah, Ong ah, Huat ah !
4 weeks ago
https://says.com/my/lifestyle/forbes-best-companies-in-the-world?fbclid=IwY2xjawGMTABleHRuA2FlbQIxMAABHTXRUkzvRbXL96QWVAzNoZBdEmbRKPxtmO-yOZ-CWngNgoayTZTIyyrrAg_aem_PtFLB3QJY-HaJhTEf2leiw
World's Best Employers list 2024
Here are the Malaysian companies that made the list:
86. Petronas Chemicals
Industry: Drugs and biotechnology
Employees: 50,000
1 week ago
crude oil prices are expected to rise again after recent weakness, increasing the investor appetite for undervalued oil and gas (COASTAL, TP:RM1.89), (MHB, TP:RM0.61), (PANTECH, TP:RM1.17), (PCHEM, TP:RM6.93) and (VELESTO, TP:RM0.30) related stocks.
1 week ago
PETRONAS Chemicals Opens New 2-Ethylhexanoic Acid Plant in Kuantan, Malaysia
https://www.chemanalyst.com/NewsAndDeals/NewsDetails/basf-petronas-chemicals-opens-new-2-ethylhexanoic-acid-plant-in-kuantan-31105
6 days ago
Wait for next quarter result out. Should be not very good quarter due to depreciation of USD against RM. Will have foreign exchange losses because sell in USD cost in RM. And Pengerang complex, recognising finance and depreciation costs.
4 days ago
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
An oil refinery’s profitability depends on managing input costs (crude oil), maximizing the crack spread by producing high-demand refined products, controlling operating expenses, and responding to market conditions. Effective risk management and adapting to shifts toward renewables and emissions reduction are increasingly essential for long-term competitiveness.
Example of Revenue Flow:
Purchasing Crude: A refinery buys crude oil at $80 per barrel.
Refining: The refinery processes the crude and produces gasoline, diesel, and jet fuel, each with its own demand and pricing.
Selling Refined Products: If refined products sell for $100 per barrel on average, the crack spread is $20 per barrel.
Profit: After covering operating costs (e.g., $10 per barrel), the refinery makes a $10 per barrel profit.
22 hours ago
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
The most profitable conditions for a refinery involve a combination of low crude oil prices, high product demand (especially seasonally), wide crack spreads, efficient operations, and minimal disruptions from compliance costs.
The ability to adapt to market conditions and diversify products also plays a role in enhancing profitability during favorable market conditions.
22 hours ago
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
In general, it's a bad time to buy refinery stocks when crude prices are high, crack spreads are low, demand for refined products is weak, or the sector faces increased regulatory and competitive pressures. Overvaluation, seasonal lulls, and structural challenges from renewable competition also reduce refinery stocks' attractiveness.
For long-term success, it’s best to wait until conditions support stronger profitability, with favorable crack spreads, demand growth, and manageable compliance costs.
21 hours ago
@Diamond7. Buy when the price is pulling back and most importantly, when you have extra free cash 😁
21 hours ago
I think the market is pricing in Petros taking over Sarawak. The news already out a few days ago, Petronas will take a haircut in profits after losing out to Petros as the sole aggregator in Sarawak.
16 hours ago
Latest news from Abang Johari, Sarawak need RM 100 biliion, reject Mahathir calls on Sarawak to help poorer states.
I think in coming years, development will focus on east Malaysia. There's no way around it, unless Putrajaya strong arm Sarawak on resource distribution. As of now, the situation doesn't look good for Peninsular based companies.
16 hours ago
If the above is not the reasons, maybe speculator are betting on Trump to win election. Trump winning will means the end of Ukraine war, Russian oil will flood the market, oil prices will fall drastically given that fed rate cuts will take time to balance the oil price.
16 hours ago
i think malaysian speculator may not be as resourceful compared with international players as crude oil still up today
15 hours ago
the only time in past 14 years that pchem dropped below rm5 was during march 2020 when the whole world market crashed due to covid
15 hours ago
Hoho EPF yummy here also … has many fund managers..Up n Down also yummy ..just see their shares transactions … esp on Yinson SBB which bought over 5 % treasury shares , spent RM 470 million as on Latest QR .. ( EPF rotating with KWAP )
Announced Date Change Type Shares Name
04 Nov 2024 29 Oct 2024 Acquired 500,000 EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD")
29 Oct 2024 24 Oct 2024 Acquired 165,400 EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD")
28 Oct 2024 23 Oct 2024 Acquired 225,700 EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD")
25 Oct 2024 22 Oct 2024 Disposed 1,344,300 EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD")
24 Oct 2024 21 Oct 2024 Disposed 965,000 EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD")
23 Oct 2024 18 Oct 2024 Acquired 320,300 EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD")
23 Oct 2024 18 Oct 2024 Disposed 1,100 EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD")
22 Oct 2024 17 Oct 2024 Disposed 601,200 EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD")
14 hours ago
Year-to date, the stock, which has been sliding since mid-May, has fallen 29.7%.
One market watcher said anticipation is rising that PetChem might be issuing a negative profit guidance prior to the release of its results later this month.
This comes amid expected foreign exchange losses and a step up in depreciation charges at PetChem’s Pengerang facilities,
14 hours ago
Analysts covering PetChem are mostly neutral or negative on the stock. Based on Bloomberg’s compilation, seven have it on “sell” while another seven put it on “hold”; only three have it on “buy”.
13 hours ago
Spend a lot building new plant..but low demand, poor margin & high maintenance cost..wonder how they do profit forecast..Lol
11 hours ago
Johnchew, why u only showed negative IB, what about positive IB like..
TA Securities Holdings: TP 6.93
Nomura: TP 6.60
Citi: TP 6.20
CIMB Securities: TP 6.04
BIMB Securities: TP 6.00
and so on....
9 hours ago
If Pchem's Q3 results is making loss and the share price collapse prior to that,
shouldn't SC investigate on insider trading?
9 hours ago
Hoho no worries la , later Buy what u Not understand will provide these positive facts n figures la … rather telling Snake n Dragon story la !
9 hours ago
KUALA LUMPUR (Nov 5): Shares of Petronas Chemicals Group Bhd (KL:PCHEM) fell to their lowest in four and a half years after dropping 44 sen or 8.04% to close at RM5.03 on Tuesday, a level last seen in April 2020, as expectations mount that the group would be posting weaker results.
The counter, which dived from around 2.30pm on Tuesday, was the biggest loser of the day across Bursa. It saw 19.15 million shares change hands — nearly 4.5 times higher than its 200-day moving average. At RM5.03, the group has a market capitalisation of RM40.32 billion.
Year-to date, the stock, which has been sliding since mid-May, has fallen 29.7%.
One market watcher said anticipation is rising that PetChem might be issuing a negative profit guidance prior to the release of its results later this month.
This comes amid expected foreign exchange losses and a step up in depreciation charges at PetChem’s Pengerang facilities, he said.
Local institutions were the major sellers of the stock on Tuesday, another industry watcher observed.
At press time, the company has yet to respond to requests for comments from The Edge.
During the second quarter results reporting season in August, PetChem had already flagged that its plant turnarounds planned for the remaining months of 2024 might weigh on its output and volume.
These statutory turnaround activities in the oil and gas industry usually involve shutting down some refineries' operations for maintenance or upgrades. Such turnarounds are typically planned extensively, due to the cost involved and potential revenue loss.
Analysts had also projected that PetChem would see weaker earnings in the second half of FY2024, due to lower average selling prices (ASPs) in the olefins and derivatives segment, and larger-than-expected losses at the Pengerang Integrated Complex (PIC).
9 hours ago
5/1/2024 :
RSS : 1,984,000
IDSS : 25,000
Total Net Short Position:
27,562,298
-
4/11/2024 :
RSS : 270,500
Total Net Short Position:
28,193,198
58 minutes ago
Some ineficient Petrochemical plant will be force closed and need few more years for demand growth to absorb the surplus supply.
I am waiting patiently to collect low.
57 minutes ago
Hope to do better than Philip in collecting low.
02-Mar-2020 Buy +580,000 5.20 +3,025,097.20 3,993,200 - 28,514,851.84 7.140 27,752,889.84 6.950
10-Mar-2020 Buy +700,000 4.35 +3,054,182.75 4,693,200 - 31,569,034.59 6.726 30,807,072.59 6.564
20-Mar-2020 Buy +750,000 4.09 +3,076,749.13 5,443,200 - 34,645,783.72 6.364 33,883,821.72 6.224
12-May-2020 Buy +400,000 5.43 +2,178,607.40 5,843,200 - 36,824,391.12 6.302 36,062,429.12 6.171
52 minutes ago
Hoho half past 6 Konartist sslleee ran away from Jtiasa ke ….
Play double head 🐍 in Yinson… here used Negative head ke !🤣🤔
Oh used Positive head during defended Buy What u Not understand Serba subsidiaries screenshot….
41 minutes ago
Hoho let’s see his TA in Pchem is correct or not .., is correct in YTLpower.. although OTB promoted at RM 1.10 …
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南洋行家论股
下跌股:国油石化 RM4.80支撑
Tan KW
Publish date: Wed, 06 Nov 2024, 06:04 AM
国油石化(PCHEM,5183, 主板工业股)的日线交投走势,于11月5日闭市时报收5.03令吉,按日下跌44.0仙或8.04%。股价跌穿支撑位置后卖压加剧,进入盘整周期开始下滑。日线相对强度指数(RSI)处于28.79水平。支撑位置处4.80至4.93令吉,阻力水平处于5.32至5.45令吉。
33 minutes ago
Hoho don’t play play with Konartist sslleee le … directed the Crack Spread Wayang in Hengyuan n Petronm at RM 7.00 with the Kon gang with aka id !
27 minutes ago
Mabel
Key Insights
The projected fair value for PETRONAS Chemicals Group Berhad is RM8.10 based on 2 Stage Free Cash Flow to Equity
Current share price of RM5.80 suggests PETRONAS Chemicals Group Berhad is potentially 28% undervalued
Analyst price target for PCHEM is RM5.79 which is 29% below our fair value estimate..
https://finance.yahoo.com/news/opportunity-petronas-chemicals-group-berhads-033309626.html
4 weeks ago