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Last Price Today's Change   Day's Range   Trading Volume
4.18   0.00 (0.00%)  4.18 - 4.22  26,900
15,965 comment(s). Last comment by limkokthye at Jul 9, 2021 8:30 PM
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apple168
4805 posts

Posted by apple168 > Dec 31, 2020 9:45 AM | Report Abuse

Huat ah! Huat ah! Huat ah.... happy new year 2021 everyone!


apple168
4805 posts

Posted by apple168 > Dec 31, 2020 10:09 AM | Report Abuse

PetronM H9e...


apple168
4805 posts

Posted by apple168 > Dec 31, 2020 10:10 AM | Report Abuse

PetronM, let’s break 6.0 today!


up2up
91 posts

Posted by up2up > Dec 31, 2020 10:21 AM | Report Abuse

don't up so fast, build the momentum first


apple168
4805 posts

Posted by apple168 > Dec 31, 2020 10:34 AM | Report Abuse

PetronM wil be another beast of year! Beast waits for no man.


up2up
91 posts

Posted by up2up > Dec 31, 2020 10:41 AM | Report Abuse

siapa cepat dia dapat


sheldon
1083 posts

Posted by sheldon > Dec 31, 2020 12:43 PM | Report Abuse

HengYuan seems to always trade at much higher PEs compared to our lack of libido Petron


Dartmaster
1029 posts

Posted by Dartmaster > Dec 31, 2020 2:28 PM | Report Abuse

most useless counter ever go up slower than heng yaun


sheldon
1083 posts

Posted by sheldon > Dec 31, 2020 2:49 PM | Report Abuse

I noticed that in early trade, the counter goes up, touches a high for a brief moment and then it's annoyingly downhill


apple168
4805 posts

Posted by apple168 > Dec 31, 2020 2:56 PM | Report Abuse

To swallow the tickets from small flies


sheldon
1083 posts

Posted by sheldon > Dec 31, 2020 3:23 PM | Report Abuse

Ah - to neutralise the potential bears on the way up perhaps?


Dartmaster
1029 posts

Posted by Dartmaster > Dec 31, 2020 4:07 PM | Report Abuse

hahahaha just go down la Petron mati pucuk.


up2up
91 posts

Posted by up2up > Dec 31, 2020 4:14 PM | Report Abuse

Patron sure will follow hengyuan uptrend prices, in fact patron are much safer then hengyuan in term of their fundamental of business


pang72
44087 posts

Posted by pang72 > Dec 31, 2020 5:00 PM | Report Abuse

Sifu Sslee did not putting articles out to warn us in hrc n petron. He must realise both stocks are in good profits in future!


Dartmaster
1029 posts

Posted by Dartmaster > Dec 31, 2020 5:00 PM | Report Abuse

pang72 now you are bullish ?


pang72
44087 posts

Posted by pang72 > Dec 31, 2020 5:15 PM | Report Abuse

Sifu Sslee bullish then I follow bullish..

Sifu Sslee bearish then I follow bearish..


pang72
44087 posts

Posted by pang72 > Dec 31, 2020 5:15 PM | Report Abuse

Sifu Sslee quiet, I quiet


apple168
4805 posts

Posted by apple168 > Jan 1, 2021 8:40 AM | Report Abuse

Pang72 is here.
Hold tight, PetronM will rocket up!


Sslee
6758 posts

Posted by Sslee > Jan 1, 2021 8:56 AM | Report Abuse

As long as no sudden drop in crude oil price and crack spread can stay above USD 3/Barrel. Petronm will be a very profitable company with dividend paying.

Wish all a bullish year 2021


Bgt 9963
4105 posts

Posted by Bgt 9963 > Jan 1, 2021 9:14 AM | Report Abuse

Welcome 2021...happy new year...ong ah..heng ah.. huat ah...


pang72
44087 posts

Posted by pang72 > Jan 1, 2021 10:38 AM | Report Abuse

Sslee As long as no sudden drop in crude oil price and crack spread can stay above USD 3/Barrel. Petronm will be a very profitable company with dividend paying.

Wish all a bullish year 2021
01/01/2021 8:56 AM

THANK YOU SIFU..
I HOLD MOSTLY HENGYUAN THEN PETRONM., HOWEVER BOTH WILL BE VERY PROFITABLE.
WISH EVERYONE EARN A LOT ON HRC N PETRONM YEAR 2021!


Dartmaster
1029 posts

Posted by Dartmaster > Jan 1, 2021 12:10 PM | Report Abuse

huat ah!!


up2up
91 posts

Posted by up2up > Jan 1, 2021 4:46 PM | Report Abuse

https://www.fuelsandlubes.com/petron-malaysia-announces-planned-expansion-at-port-dickson-refinery/


limkokthye
5656 posts

Posted by limkokthye > Jan 2, 2021 7:17 AM | Report Abuse

Petrol up 4 Sen again this week


apple168
4805 posts

Posted by apple168 > Jan 4, 2021 3:53 PM | Report Abuse

Huat ah... Oil price moving north! H9e...


apple168
4805 posts

Posted by apple168 > Jan 4, 2021 4:25 PM | Report Abuse

Oil price is USD 53 per barrel!


SuperPanda
11160 posts

Posted by SuperPanda > Jan 5, 2021 8:49 PM | Report Abuse

if you have time, pls check with expert in refinery or do more research on refinery operation and mgmt strategy

apart from crack spread (the different in input cost and output price at a specific given time), refinery are capped between 3 variables

1-crude oil (input)
2-crack spread (margin)
3-refined product sell price (output)

in msia the refined product selling price is define by the gov, so retailer cant do much abt it

but as long as the selling price is uptrend, means refinery can sell holding stock at higher price (the holding period differ from 2wks to many)

as for crude oil, if mgmt thinks that the price will be traded higher in the future, mgmt will usually buy the crude futures to lock in the low price, so by the time crude hit high price, the can use the low price crude to refine and keep profit margin afloat (when c.spread is -ve)

at the same time, mgmt will buy crack spread futures if the price is currently low (-ve side) with the thinking that when crude price go higher in coming months, crack spread futures will turn to +ve

at this point, when the time comes, where refiner to cash out the futures contract they already bought, they can utilise the low crude cost to refine and sell the crack spread futures when its +ve, both ways they make money

and while both way make money, the uptrend in retail price will still keep the current crude & crack spread margin +ve

conclusion, being in refinery business is not only abt the crack spread margin, its abt the mgmt approach to lock profit in the futures market world, between crude, crack and refined prices.

_____________
Sslee As long as no sudden drop in crude oil price and crack spread can stay above USD 3/Barrel. Petronm will be a very profitable company with dividend paying.

Wish all a bullish year 2021
01/01/2021 8:56 AM


apple168
4805 posts

Posted by apple168 > Jan 5, 2021 10:05 PM | Report Abuse

https://rojakdaily.com/lifestyle/article/11374/5-reasons-why-petron-s-ron100-fuel-should-be-your-go-to-petrol?


SuperPanda
11160 posts

Posted by SuperPanda > Jan 6, 2021 10:59 AM | Report Abuse

yday bought and today continue collect.. sell sell


limkokthye
5656 posts

Posted by limkokthye > Jan 6, 2021 11:05 AM | Report Abuse

https://www.hmetro.com.my/utama/2020/06/588070/tiada-lagi-harga-siling-petrol-diesel


limkokthye
5656 posts

Posted by limkokthye > Jan 6, 2021 11:06 AM | Report Abuse

imagine if petrol price up 100usd/barrel , how much we have to pay for 1 litter


SuperPanda
11160 posts

Posted by SuperPanda > Jan 6, 2021 11:11 AM | Report Abuse

thats why we should hedging oil gas counter related esp refinery when we expecting more profit from their business

we pay more at the pump, we earn at the counter


apple168
4805 posts

Posted by apple168 > Jan 6, 2021 12:26 PM | Report Abuse

Good thought, SuperPanda! Thumbs-up!


apple168
4805 posts

Posted by apple168 > Jan 6, 2021 12:27 PM | Report Abuse

Oil price up is extremely good news for Petronas, to pay more dividends to Malaysia government, hope can use the money to spend more on infrastructure development in Malaysia.


limkokthye
5656 posts

Posted by limkokthye > Jan 6, 2021 2:51 PM | Report Abuse

klci weak


apple168
4805 posts

Posted by apple168 > Jan 6, 2021 4:41 PM | Report Abuse

Not throwing cheap tickets anymore... we patiently waiting... haha...


Blackstorm
94 posts

Posted by Blackstorm > Jan 6, 2021 4:53 PM | Report Abuse

I bought some petron sold hrc


SuperPanda
11160 posts

Posted by SuperPanda > Jan 6, 2021 7:09 PM | Report Abuse

political issue, umno wants to pull out from gov, damn politician


apple168
4805 posts

Posted by apple168 > Jan 7, 2021 6:04 AM | Report Abuse

Oil is super Bullish as per expectations!
Brent oil USD 54.19 (+1.10%)
Huat ah!
PetronM, see you with opening price of above 5 and beyond!


williamtkb
2589 posts

Posted by williamtkb > Jan 7, 2021 6:31 AM | Report Abuse

Political unstable again. Be careful if you chasing high. I also hope can have Rm6 and above to cash out some.


apple168
4805 posts

Posted by apple168 > Jan 7, 2021 11:02 AM | Report Abuse

Oil price selling at USD 54.6... huat ah... more to come... soon will reach USD 60+...


Blackstorm
94 posts

Posted by Blackstorm > Jan 7, 2021 11:48 AM | Report Abuse

Go go go petron


SuperPanda
11160 posts

Posted by SuperPanda > Jan 7, 2021 11:49 AM | Report Abuse

next qtr another big profit, all variables very bullish

- crude bought at lower price
- crack spread margin +ve
- retail price high and higher

but now market bearish, price drop, its time to collect not to sell

when the sector is bullish, you should buy and hold and only sell at strenght


apple168
4805 posts

Posted by apple168 > Jan 7, 2021 12:04 PM | Report Abuse

Bingo! Bullish on oil sector... short term, mid term, long term!


apple168
4805 posts

Posted by apple168 > Jan 7, 2021 12:05 PM | Report Abuse

Those who sell low, will help us chase the price up later... cheers!


apple168
4805 posts

Posted by apple168 > Jan 7, 2021 12:35 PM | Report Abuse

Who know PetronM might be up 0.5 to 1.00 soon? Hot money hv no where to go, perhaps pile up in oil sectors, safest bet...


SuperPanda
11160 posts

Posted by SuperPanda > Jan 7, 2021 1:24 PM | Report Abuse

easily back to 5.40 next week


Blackstorm
94 posts

Posted by Blackstorm > Jan 7, 2021 3:06 PM | Report Abuse

Uppp


apple168
4805 posts

Posted by apple168 > Jan 7, 2021 3:15 PM | Report Abuse

Brent Oil breaking USD 55 per barrel soon... huat ah


limkokthye
5656 posts

Posted by limkokthye > Jan 7, 2021 3:35 PM | Report Abuse

now gow no ceiling price , free flow the oil price

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