KLSE: PCHEM (5183)       PETRONAS CHEMICALS GROUP BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
8.48   +0.03 (0.36%)  8.47 - 8.57  6,624,500
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Market Cap: 67,840 Million
NOSH: 8,000 Million
Avg Volume (4 weeks):5,920,780
4 Weeks Range:8.08 - 8.61
4 Weeks Price Volatility (%):
52 Weeks Range:6.80 - 8.61
52 Weeks Price Volatility (%):
Average Price Target: 8.34
Price Target Upside/Downside: -0.14

Financial Highlight

Latest Quarter | Ann. Date 31-Dec-2017 [#4]  |  20-Feb-2018
Next QR | Est. Ann. Date: 31-Mar-2018  |  15-May-2018
T4Q P/E | EY: 16.24  |  6.16%
T4Q DY | Payout %: 3.18%  |  51.81%
T4Q NAPS | P/NAPS: 3.48  |  2.44
T4Q NP Margin | ROE: 25.36%  |  15.00%


Date Subject
06-Apr-2018 国油石化 需求稳前景乐观
19-Mar-2018 国油化学业绩超预
21-Feb-2018 Petronas Chemicals - Satisfactory 4Q17 Results
21-Feb-2018 Mplus Market Pulse - 21 Feb 2018
21-Feb-2018 Petronas Chemicals Group - Record Earnings
09-Feb-2018 Mplus Market Pulse - 09 Feb 2018
01-Feb-2018 国油石化3年净利预测不变
30-Jan-2018 Petronas Chemicals Group - Trading above its upper valuation band
24-Jan-2018 PublicInvest Research Headlines - 24 Jan 2018
16-Jan-2018 油价上扬.国油化学交投炽热
28-Dec-2017 Daily Technical Highlights - (PETRONM, PCHEM)
10-Nov-2017 Petronas Chemicals Group - Higher crude prices support improved prospects
10-Nov-2017 Mplus Market Pulse - 10 Nov 2017
10-Nov-2017 PublicInvest Research Headlines - 10 Nov 2017
10-Nov-2017 Petronas Chemicals (BUY, Maintain) - Above Expectations
10-Nov-2017 Petronas Chemicals Group - 3Q17 Above; Stronger 4Q17 Ahead
10-Nov-2017 Petronas Chemicals - Earnings Undeterred By Lower PUR
09-Nov-2017 Petronas Chemicals Group - Firmer 4QFY17 prospects on crude oil upturn
09-Nov-2017 Petronas Chemicals 3Q net profit higher at RM913m

Business Background

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.
Analyze this stock with MQ Trader system

  6 people like this.
Tanleechoo Hope one like Pet Gas or Dagangan
21/12/2017 19:26
windcloud Pchem TP: 8.00

Next qtr result will be superior and this will like 1st qtr result estimate revenue 4,700,000,000 and NP about 1,400,000,000.

This is due to:
1. Plant utilisation from previous qtr at 86% may up to 95%.
2. Methanol price had been increased significantly, especially in recent month that hike about 15-30% (China methanol up about 30%).
3. Average selling price for petrochemical keep continue up (think Polymer price also average up some).
4. Year end window dressing may drive to 8.00 price.

So what you need to do is buy tomorrow, mother and son C13 ? Sad, if tomorrow my capital free, will average up since buy little for new year ang pao ..... haha .... just nonsense sharing .......
21/12/2017 20:53
Tanleechoo Windcloud !TQSM for sharing .. Hit RM8 .. Keep or sell ? Any advice
21/12/2017 22:17
windcloud dunno you buy mom or son ? for mon .... think may rise to 8.30-8.40 maybe around next qtr result or post election ........ at this moment ....... TP is about 8+-.

Think next week will have good closing for bursa index, might close around 1780-1790 area .... Pchem should have a good move .....
22/12/2017 17:07
Tanleechoo TQSM sir ! I buy mom at 7.20
22/12/2017 21:39
windcloud hope today can touch 8.00 ......
27/12/2017 12:31
windcloud closing at 7.80 not bad .... tomorrow TP 8.00
27/12/2017 17:10
Tanleechoo Hope break 52 weeks high 8.00
27/12/2017 20:37
windcloud cleared all C13 at 0.235 at 34%+ gain ......
28/12/2017 09:58
Proact286 should rise above 7.90 in second session...good coverage from bankers
28/12/2017 11:21
Orange88 Pchem going t o RM 9,9 for GE 14 rally
29/12/2017 21:57
Annetan Should move tomorrow.C13 is very attractive
02/01/2018 17:45
Annetan no stamp fees for all sales/purchases of call/put warrants
02/01/2018 22:00
Annetan effective today
02/01/2018 22:02
Tanleechoo At last show uptrend n break 8.00 !
04/01/2018 19:53
windcloud Pchem really geng .... i sold too early ....

Congrat to those holders here. You did great job.
04/01/2018 20:05
investor505 https://genevajournal.com/dividend-darling-quant-signal-update-on-petronas-chemicals-group-berhad-klsepchem/
04/01/2018 21:11
Annetan After consolidation,I think it will go higher in my opinion
11/01/2018 18:31
Tanleechoo http://www.theedgemarkets.com/article/petronas-chemicals-raised-buy-kaf-seagroatt-campbell
12/01/2018 18:17
investor505 http://quotes.wsj.com/MY/5183/research-ratings
13/01/2018 08:07
tomblack Kesm is a good buy. Semiconductor stock,very good outlook after the recent AGM
16/01/2018 07:04
dompeilee Maybank recommends PChem for 2018 : https://www.youtube.com/watch?v=Nvexxf25x8M
17/01/2018 19:52
Tanleechoo EPF keep dispose off .... Price cannot break 8.20 ..Let see the Qtr result
22/01/2018 21:45
winriver http://www.theedgemarkets.com/article/petchem-invest-rm6b-rm7b-new-plants-over-15-years
25/01/2018 23:00
yes start up
just in last month alreday untung
limit up
30/01/2018 13:09
ivan9511 Already said sure up
Easy money to earn
So easy
Just buy
Confirm up as I recommend petgas while 15 ringgit and topglove while 4 ringgit and pic while 8sen
Only confirm up counters I recommend
Sure up
20/02/2018 16:27
JEbat888 Mantop ...profit very high..bilion bilion ringgit ..fula weh...
21/02/2018 00:21
victory015 pchem run out of steam
23/02/2018 22:06
victory015 pchem confirm down
26/02/2018 11:33
victory015 >> Already said sure up
not true, it is going down
26/02/2018 14:57
victory015 go down
26/02/2018 21:59
GreatWarrants Pchem - C18 smart money collecting
20/03/2018 15:06
victory015 pchem will be going down
21/03/2018 20:29
victory015 oil price will go down
21/03/2018 20:35
RedEagle KUALA LUMPUR: The Malaysian oil, gas and energy sectors have exceeded its target, achieving 112 per cent of its 2017 key performance indicator (KPI).

The National Transformation Programme 2017 Annual Report said this was attributed to highest ever foreign direct investment (FDI) inflow to Malaysia of US$7 billion investment from Saudi Aramco in the Refinery & Petrochemical Integrated Development Project (RAPID) in Johor.

Meanwhile, the US$27 billion Pengerang Integrated Petroleum Complex's (PIPC) has reached 84 per cent completion, and set to be 100 per cent operational by the first quarter of 2019.

En route to materialise its target to make Malaysia an oil and gas downstream hub, the Pengerang Deepwater Terminal (PDT) received more than 1,458 vessels including seven very large crude carriers (VLCCs) and handled 1.5 million tonnes of petroleum products as of December 2017.

For the oil and gas services and equipment (OGSE) sector, Malaysia aims to reach RM10 billion in investments in two years compared to RM7.7 billion investments recorded last year.

The sector also eyes to achieve the target of 50 multinational companies (MNCs) to set up operation in Malaysia against 39 from 2012 to 2017.

18 OGSE MNCs have already based their headquarters in Malaysia.

The report said the oil, gas and energy sector had increased Malaysia's competitive advantage by intensifying exploration and enhancing production from domestic reserves while building a strong presence in the regional mid-stream logistics and downstream markets in addition to exploring alternative energy sources.

With the Gas Supply (Amendment) Act 2016 having been amended on January 16 last year, new gas market licencses were issued through Third Party Access, allowing the entrance of new players into the market.

Malaysia has also committed to the Paris Agreement with 500 energy-intensive companies' having reduced total energy consumption to 14,455 GWh and set aside RM200 million funds to spur the implementation of energy-efficient projects.

The number of photovoltaic service providers grew to 120 in 2017 from 30 companies in 2011 and 6,114kW of Net Energy Metering capacity approved in 2017.
23/03/2018 23:33
tutut1 if oil price goes up, cost of raw materials for petchem industries go up right and might squeeze their margin lorr? if oil price drops, this is a good buy haah .. wait and see lorr
23/03/2018 23:43
this one long time ago I alreday said must buy
too cheap
now still cheap
just buy
27/03/2018 17:13
gsi723 still better than LCTITAN even if oil up... coz got parents jaga a bit..
27/03/2018 22:33
victory015 pchem not cheap, so it goes down
29/03/2018 22:01
Lim Tek Wai Plant utilisation from previous qtr at 86% may up to 95%.
30/03/2018 12:04
johnyeoyeo pengerang brother both moving
30/03/2018 16:28
FlowerhornKing66 Post removed. Why?
01/04/2018 10:36
Lim Tek Wai rise more abit!!
02/04/2018 15:46
kelvin_ik4u Confirm, global petrochemical supply shortage, expected PCHEM earning will improve in coming Qtr result. The only issue is, PCHEM valuation is expensive, so better do your own justification.

04/04/2018 15:22
johnyeoyeo ye$$$$$$$$$$$$$$$$$$
09/04/2018 14:48
risenfall pchem price seems to be more defensive compare to lctitan...depends on which type of investor both can be good.
10/04/2018 13:50
i899 Long-term invest
11/04/2018 17:33
gooman Kesm is a good buy. 20% upside potential, its outlook is very good. Best semiconductor stock
17/04/2018 14:14
Frederick Foo David Ng, deputy managing director and chief investment officer at Affin Hwang Asset Management Bhd, says the firm is taking positions in cyclical sectors that are expected to benefit from global economic growth. “We like dividend growth stocks, not so much dividend income ones. We have reduced our exposure to pure dividend stocks such as REITs. These are companies that pay dividends, but their growth is not as strong [right now]. We like companies that pay good dividends and also have strong growth going forward.”

Like Duhra, Ng favours cyclical sectors such as energy and financial. He says the fund house has a big position in China and Hong Kong banking stocks. The stocks are undervalued as investors have been sceptical about the numbers provided by Chinese banks and the government. They have also been worried about China’s economy, which has a very high level of government and corporate debt.

“Everyone was sceptical. The price-to-book ratio was 0.6 to 0.7 times when we bought into these stocks. But things have turned more positive as the Chinese government’s supply-side reforms are working. The banks’ non-performing loans (NPLs) are reducing, albeit gradually, and asset quality has improved,” says Ng.

In Malaysia, he favours banking stocks and large-cap oil and gas counters. “This is on the back of the oil price recovery. We like big names such as Petronas Chemicals Group Bhd, Petronas Dagangan Bhd and Dialog Group Bhd.”
19/04/2018 16:57
Frederick Foo https://www.theedgemarkets.com/article/cover-story-what-synchronised-rate-hikes-mean-investors
19/04/2018 16:57


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