Highlights

Stock Price Target

 
Search
Recent Price Targets: [Sign In or Register (FREE) to view]
 
KLSE: PCHEM       PETRONAS CHEMICALS GROUP BHD
Last Price Avg Target Price   Upside/Downside Price Call
8.86 9.90     +1.04 (11.74%)
* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.
** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).
Date Open Price Target Price Upside/Downside Price Call Source News
22/04/2019 8.96 9.30 +0.34 (3.79%) HOLD HLG Price Target News
15/04/2019 8.90 9.30 +0.40 (4.49%) HOLD HLG Price Target News
12/04/2019 8.90 10.40 +1.50 (16.85%) BUY AmInvest Price Target News
26/02/2019 9.24 10.23 +0.99 (10.71%) BUY MIDF Price Target News
26/02/2019 9.24 9.30 +0.06 (0.65%) HOLD KENANGA Price Target News
26/02/2019 9.24 9.76 +0.52 (5.63%) HOLD HLG Price Target News
26/02/2019 9.24 10.00 +0.76 (8.23%) HOLD BIMB Price Target News
26/02/2019 9.24 10.40 +1.16 (12.55%) BUY AmInvest Price Target News
26/02/2019 9.24 9.20 -0.04 (0.43%) BUY Affin Hwang Capital Price Target News
25/02/2019 9.10 10.40 +1.30 (14.29%) HOLD AmInvest Price Target News
14/12/2018 9.13 9.74 +0.61 (6.68%) HOLD HLG Price Target News
13/12/2018 9.20 10.30 +1.10 (11.96%) BUY Affin Hwang Capital Price Target News
20/11/2018 9.31 10.50 +1.19 (12.78%) BUY MACQUARIE GROUP Price Target News
19/11/2018 9.50 10.23 +0.73 (7.68%) BUY MIDF Price Target News
19/11/2018 9.50 9.35 -0.15 (1.58%) HOLD KENANGA Price Target News
19/11/2018 9.50 10.50 +1.00 (10.53%) BUY BIMB Price Target News
19/11/2018 9.50 9.60 +0.10 (1.05%) HOLD AmInvest Price Target News
19/11/2018 9.50 10.30 +0.80 (8.42%) BUY Affin Hwang Capital Price Target News
16/11/2018 9.42 9.60 +0.18 (1.91%) HOLD AmInvest Price Target News
30/10/2018 9.34 10.23 +0.89 (9.53%) BUY MIDF Price Target News
30/10/2018 9.34 9.60 +0.26 (2.78%) HOLD AmInvest Price Target News


Price Target Research Article/News (past 6 months)
22/04/2019  HLG Petronas Chemicals Group - Accident Gives Rise to Delay Risks
15/04/2019  HLG Petronas Chemicals Group - Accident Gives Rise to Delay Risks
12/04/2019  AmInvest Petronas Chemicals Group - RAPID explosion could slightly dampen earnings
26/02/2019  MIDF Petronas Chemicals Group Berhad - Strong End to FY18
26/02/2019  KENANGA Petronas Chemicals Group - Solid Ending; But Soft Price Outlook
26/02/2019  HLG Petronas Chemicals Group - Above Expectations
26/02/2019  BIMB PChem - Moderating outlook
26/02/2019  AmInvest Petronas Chemicals Group - Plant utilisation supports improved earnings delivery
26/02/2019  Affin Hwang Capital Petronas Chemicals - Record Profit in 2018
25/02/2019  AmInvest Petronas Chemicals Group - Improving prospects on higher oil prices
14/12/2018  HLG Petronas Chemicals Group - Solid Volume Growth Play in FY20
13/12/2018  Affin Hwang Capital Oil & Gas - Calmer Environment Should Drive Up Oil Prices
20/11/2018  MACQUARIE GROUP Petronas Chemicals – Outshining Its Peers
19/11/2018  MIDF Petronas Chemicals - Resilient Earnings Despite Heavy Turnaround
19/11/2018  KENANGA Petronas Chemicals Group - 3Q18 Beat Expectations On Strong ASP
19/11/2018  BIMB Petronas Chemicals - Moderating O&D ahead
19/11/2018  AmInvest Petronas Chemicals - RAPID on track to deliver substantive 2H19 output
19/11/2018  Affin Hwang Capital Petronas Chemical - 3Q18: Strong ASP Rebound Lifted Earnings
16/11/2018  AmInvest Petronas Chemicals Group - Caution on volatile commodity prices
30/10/2018  MIDF Petronas Chemicals Group Berhad - Firm Demand to Support Earnings
30/10/2018  AmInvest Petronas Chemicals Group - Slight positive on China anti-dumping duties



  7 people like this.
 
probability i have some other reason (so far not disclosed) which i think pchem next earnings will be bad...i would like to verify this by seeing the earnings next qtr before concluding on pchem...
12/04/2019 11:01 AM
(2.6m shares buyback April ) Philip I have never bought lousy counters thrown away by shell to China companies before, or near bankrupt heavily in debt mergers like sapura. But I often read on the company in i3, and especially certain select individuals who say it is worth rm35 - rm45. Then quickly change their tune when it turns out their prognosis was incorrect to begin with.

Despatch boys and accountants are always like that, they can always give you whatever delivery time you want ( or intrinsic value you can dream of) without putting in the reality of the acting on that promise.

I bought PCHEM for the value of it's existing business at rm8.15, not only for it's future valuations, which if comes is wonderful, but if it doesn't come, I can still enjoy 3.9% dividends@50% earnings.

You on the other hand, buy loss making companies like sapnrg and talamt hoping that the future will come save you.

It won't.
>>>>>>>

...u soh soh like Philip advice u to buy Hengyuan when it fall at Rm 11.00 to Rm 12.00....u will end up bankrupt loh...!! This is bcos the fall is not so little loh....!!
12/04/2019 11:03 AM
stockraider OK LAH...U WAIT 1 OR 2 MTH MAH....!!

I REMEMBER, RAIDER SAY LARI KUAT KUAT WHEN HENGYUAN HIT RM 13.00...BUT THEN WITHIN PERIOD OF TIME ABOUT 2WKS, HENGYUAN DID REBOUND TO RM 14.00 TO RM 16.00....AFTER THAT IS HISTORY LOH....!!

TODAY U CAN CHECK HENGYUAN PRICE MAH....!!
RAIDER NEVER BLUFF U LOH....!!

Posted by titus > Apr 12, 2019 10:57 AM | Report Abuse

Stockraider, u r not doing a very good job leh. After bad mouthing so much, price drop not even 2%. Please step up your effort la.
12/04/2019 11:04 AM
probability this gas explosion news is actually a short term opportunity to buy..but i dont think one will make a good % profit trading in short term
12/04/2019 11:04 AM
stockraider THE OPPORTUNITY TO BUY IS WHEN THE RM 1 BILLION FIRE & EXPLOSION LOSSES IS OUT HITTING THE P&L OF PCHEM MAH....!!

PEOPLE WILL PANIC UNTIL THEIR FATHER & MOTHER DON RECOGNISE LOH..!!

Posted by probability > Apr 12, 2019 11:04 AM | Report Abuse

this gas explosion news is actually a short term opportunity to buy..but i dont think one will make a good % profit trading in short term
12/04/2019 11:07 AM
Heavenly PUNTER probability you are right... I am sure in the long run say 10 years, this will be a great chance to buy more.. But if you want short term gains definitely not possible... When I buy into this counter I know liao... It's like my better version of Maybank FD wakakkakaa
12/04/2019 11:07 AM
(2.6m shares buyback April ) Philip Totally agree! I usually wait until Westerly earnings come out before making my choice.

>>>>>>
probability i have some other reason (so far not disclosed) which i think pchem next earnings will be bad...i would like to verify this by seeing the earnings next qtr before concluding on pchem...
12/04/2019 11:08 AM
stockraider NOT TRUE LOH....JUST SMALLISH HYFLUX COLLAPSE BRING DOWN MAYBANK TO ITS KNEES THE SHARE PRICE CRASH FROM ABOVE RM 11.00 TO RM 9.00 LOH...!!

MAYBANK EXPOSURE TO HYFLUX ONLY ABOUT RM 400 MILLION ONLY MAH....!!
BTW MAYBANK PROFIT IS ABOVE RM 7 BILLION A YR LOH...!!

Posted by Heavenly PUNTER > Apr 12, 2019 11:07 AM | Report Abuse

probability you are right... I am sure in the long run say 10 years, this will be a great chance to buy more.. But if you want short term gains definitely not possible... When I buy into this counter I know liao... It's like my better version of Maybank FD wakakkakaa
12/04/2019 11:12 AM
titus raider...u say lari kuat kuat at 13 meh? I remember at 18 or 19 your still promoting buy oh....and say will reach 42 leh......am i smoking o u r the 1 smoking????
12/04/2019 11:14 AM
titus if u can curse Pchem to drop till Rm6 ah......i tomorrow slaughter chicken for u.....hehe.....
12/04/2019 11:16 AM
stockraider NOT TOMORROW LAH....U MUST GIVE TIME LOH....SAY 2 TO 3 MTHS FALL OF RM 2.00 NOT UNREASONABLE LOH...!!

ESPECIALLY WITH BAD NEWS COMING MAH...!! LIKE;


Posted by stockraider > Apr 12, 2019 10:54 AM | Report Abuse X

Remember even b4 the explosion occur the management guidance is negative & pessimistic loh....!!

"Even though management’s market guidance for 1QFY19 was bearish, we remain sanguine given that the group’s product prices have a strong correlation to Brent crude oil prices which have risen by 37% since 31 Dec 2018 to US$71/barrel currently."

"This will be a greater impact to the group than temporary delays in RAPID commencement as a 1% increase in average product prices will translate to a higher 3% rise in net profit."

THAT MEANS WITH THE FIRE & EXPLOSION JUST NOW, THE MANAGEMENT PESSIMISTIC GUIDANCE IS A FOREGONE CONCLUSION LOH....!!

Posted by stockraider > Apr 12, 2019 11:07 AM | Report Abuse X

THE OPPORTUNITY TO BUY IS WHEN THE RM 1 BILLION FIRE & EXPLOSION LOSSES IS OUT HITTING THE P&L OF PCHEM MAH....!!

PEOPLE WILL PANIC UNTIL THEIR FATHER & MOTHER DON RECOGNISE LOH..!!

Posted by titus > Apr 12, 2019 11:14 AM | Report Abuse

raider...u say lari kuat kuat at 13 meh? I remember at 18 or 19 your still promoting buy oh....and say will reach 42 leh......am i smoking o u r the 1 smoking????

titus
Posted by titus > Apr 12, 2019 11:16 AM | Report Abuse

if u can curse Pchem to drop till Rm6 ah......i tomorrow slaughter chicken for u.....hehe.....
12/04/2019 11:21 AM
titus meaning by end June will be RM6?.....ok, just in time for me to go mortgage my home, my shop, my car, my underwear. Then put into margin account and leverage 2.5x and buy into this counter...
12/04/2019 11:30 AM
Heavenly PUNTER raider Hyflux debt level is exceedingly high if I am not wrong, something similar with your sapnrg pick leh.... but look at Debt level of Pchem.. so minimal only borrowings is for the PIC project only... even then the debt to equity super low... One thing I learnt from 5 years ago is to avoid heavily indebted companies...
12/04/2019 11:33 AM
stockraider NOT CHEAP MAH....WHY U WANT TO DO THAT LEH ??
DON FOLLOW BAD FOOTSTEP OF PHILIP, GO & BUY INTO AOKAM & RENONG ,WHEN HE THOUGHT VERY CHEAP WITH LEVERAGING LOH....!!

IT IS VERY DANGEROUS MAH....!!
Posted by titus > Apr 12, 2019 11:30 AM | Report Abuse

meaning by end June will be RM6?.....ok, just in time for me to go mortgage my home, my shop, my car, my underwear. Then put into margin account and leverage 2.5x and buy into this counter...
12/04/2019 11:34 AM
mamatede Please drop more la pchem like what stockraider prophesize. I will gladly buy more.
12/04/2019 11:36 AM
stockraider IT IS NOT HYFLUX....IT IS THE IMPACT OF SMALL LOSSES ON HYFLUX....THAT THE BUSINESS AFFECTING GIANT MAYBANK MAYBANK SHARE PRICE MAH....!!

SAME LAH....THE LOSSES OF RM 1 BILLION FROM FIRE & EXPLOSION IS TO PCHEM IS ACTUALLY IS SMALL....BUT IT WILL IMPACT THE SHARE PRICE ALOT LOH....!!

Posted by Heavenly PUNTER > Apr 12, 2019 11:33 AM | Report Abuse

raider Hyflux debt level is exceedingly high if I am not wrong, something similar with your sapnrg pick leh.... but look at Debt level of Pchem.. so minimal only borrowings is for the PIC project only... even then the debt to equity super low... One thing I learnt from 5 years ago is to avoid heavily indebted companies...
12/04/2019 11:40 AM
Heavenly PUNTER raider I'll tell you Hyflux and Maybank...
I can equate it to PNB and Sapura Energy...

aiyar good luck with your SAPNRG lah... if you don't like PChem no need come here attack it !
12/04/2019 11:42 AM
titus Wow....philips bought renong ah?...hehe....
but if Pchem can end up like renong ah......i think quite disastrous for malaysia as well. Your money earns from Sape also like banana money a'dy....
12/04/2019 11:43 AM
stockraider We are talking of science & u refering geography....u r a bad student loh.....!!

Why raider kepoh in pchem leh ??
To save naive soul, that thought pchem can buy & thought very cheap bcos of the fire incidence loh....!!

Posted by Heavenly PUNTER > Apr 12, 2019 11:42 AM | Report Abuse

raider I'll tell you Hyflux and Maybank...
I can equate it to PNB and Sapura Energy...

aiyar good luck with your SAPNRG lah... if you don't like PChem no need come here attack it !
12/04/2019 11:46 AM
Heavenly PUNTER HAHAHAHAHHA Yealah Malaysia is rich because of Petronas After All!
12/04/2019 11:46 AM
titus actually if Sape fail ah...maybank also very jiak lat. That is why pnb step in......in my opinion la...
12/04/2019 11:52 AM
stockraider This fellow Mentally retarded loh...!!

Posted by Stockraider > Apr 12, 2019 11:50 AM | Report Abuse

Better buy Saprng mah! Now only 33 cents! Later go down to 20 cents can buy more mah!


Posted by Stockraider > Apr 12, 2019 11:54 AM | Report Abuse

If Saprng drop to 11 cents then average down loh!
12/04/2019 11:56 AM
titus Anyway.....i come back end of june to check the result. Even if it drops to 6.99, consider you win la....if not, i think day and night i will be cursing someone. Even in my dream........ lol
12/04/2019 11:57 AM
Shinnzaii >Posted by stockraider > Apr 12, 2019 11:56 AM | Report Abuse

This fellow Mentally retarded loh...!!

Posted by Stockraider > Apr 12, 2019 11:50 AM | Report Abuse

Better buy Saprng mah! Now only 33 cents! Later go down to 20 cents can buy more mah!


Posted by Stockraider > Apr 12, 2019 11:54 AM | Report Abuse

If Saprng drop to 11 cents then average down loh!

Hahaha!We know that
12/04/2019 11:59 AM
stockraider Why u need to curse leh ??

Now Pchem Rm 8.84 mah....if u don go n buy now or u have sold now...even if u buy back at Rm 8.20 later...u still saving yourself from losses loh...!!

Use your logic & think mah...!!

Posted by titus > Apr 12, 2019 11:57 AM | Report Abuse

Anyway.....i come back end of june to check the result. Even if it drops to 6.99, consider you win la....if not, i think day and night i will be cursing someone. Even in my dream........ lol
12/04/2019 12:01 PM
(2.6m shares buyback April ) Philip Yes... Everybody was a stockraider once. Luckily once is enough. Over and done with.
Whole stockraider continue to put money into counters like talamt and sapuranrg and make fun of me investing in gkent and pchem and STNE.

I keep making money, and I try to look forward.

>>>>>>>
titus Wow....philips bought renong ah?...hehe....
12/04/2019 12:17 PM
stockraider gkent i bought even earlier & lower than u mah...!!

Raider never laugh at ur gkent loh....!!

Posted by ( BNF trader losses ) Philip > Apr 12, 2019 12:17 PM | Report Abuse

Yes... Everybody was a stockraider once. Luckily once is enough. Over and done with.
Whole stockraider continue to put money into counters like talamt and sapuranrg and make fun of me investing in gkent and pchem and STNE.

I keep making money, and I try to look forward.

>>>>>>>
titus Wow....philips bought renong ah?...hehe....
12/04/2019 12:20 PM
Shinnzaii Hahaha!
12/04/2019 12:42 PM
(2.6m shares buyback April ) Philip Despatch accountants are very funny these days.
12/04/2019 1:10 PM
Choivo Capital Ah boy,

My top 3 is already 60% of portfolio.

Top 5 is around 80%.

I'm very concentrated, remaining 20% is split over my other small small picks. PCHEM is not a big one for me.

Its not a matter if you are concentrated or not, its what style suits you, i wrote something on diversification.

https://klse.i3investor.com/blogs/PilosopoCapital/163383.jsp
===

Posted by Heavenly PUNTER > Apr 12, 2019 11:00 AM | Report Abuse

Choivo boy, although I might be younger than you... Concentration is key here! Don't spread and go all over the places... You might want to wait for the official announcement made by Petronas first.. Because then it might drop lower... No point having 50 stocks in your portfolio... You are just going to dilute away all your returns and good ideas! If you can find a good company, you sure can identify the better ones or even the best!
12/04/2019 1:17 PM
(2.6m shares buyback April ) Philip Truth. Reeeeeeaaaaaaaallllyyyyy long article little boy.
>>>>>
Patron i realize many of these fundamentalists like to write long essays quote this quote that but their results ain't that impressive. IMO
01/07/2018 1:51 PM
12/04/2019 2:32 PM
(2.6m shares buyback April ) Philip this on the other hand is a very very old hand. I also have the same reasoning in why I dont invest much in smallcaps like rce and opensys etc.

>>>>>>
Junichiro Hi Jon, I notice that u have Petron in yr portfolio. What puzzle me is why do u invest big time in a company with little liquidity? Most of the time, the seller is at the mercy at the buyer.

When I was very young, I bought shares in a company which has little trading. When I wanted to sell, I found a big gap between the buyer price n seller price. My senior advised me not to trade in illiquid shares. That was my first lesson.
12/04/2019 2:41 PM
Heavenly PUNTER luckily no one injured... just one personnel sustained some minor scratches... Human Capital very expensive phew luckily!
12/04/2019 4:49 PM
Heavenly PUNTER AIyah yes ahhh sorry ah choivo boy.. okay thanks for your article! Time to improve my PUNTING skills hahahha
12/04/2019 4:50 PM
stockraider If u want to get rich...u must not mess yourself with big cap loh...!!

Good smaller cap like opensys, sapnrg and insas much more safer loh..!!

A good example...is Pchem...not doing well at all loh...even insas which people depise also beat it flat loh...!!

With bad news still not at full blast yet...u cannot imagine what the share price will be in 2 to 3 mths time loh...!!
12/04/2019 5:03 PM
Heavenly PUNTER okay raider don't forget what you say ah... oh nvm you are in the engine piston competition so I not worried... I will put another fake participant with Pchem lah okay see how it fares against your saprng
12/04/2019 5:05 PM
enigmatic bad news is the friend of buying opportunity
13/04/2019 2:52 PM
mamatede Hahaha... relax lar... EPF also smell money and come buying de
14/04/2019 11:28 PM
Shinnzaii http://www.bursamalaysia.com/market/listed-companies/company-announcements/6125465
15/04/2019 9:16 AM
(2.6m shares buyback April ) Philip Like I said, still under construction, the risk is borne by contractors and installers.

>>>>>>>
We refer to the fire incident that occurred on 12 April 2019, at approximately 1:25 a.m. at Pengerang Integrated Complex (PIC), Johor.

The said incident has no financial or operational impact to our current business.



This announcement is dated 15 April 2019.
15/04/2019 9:46 AM
mamatede really lucky picked so much up when 8.8... stockraider please do your job more.
15/04/2019 3:42 PM
titus Where is raider? putting out fire in Sape????
18/04/2019 3:39 PM
Veron_teo Stockraiders has rest in piece after sailang in talamt
18/04/2019 5:44 PM
titus Huh? Talam delisted meh? Last i check still trading leh. I no buy talam la but i dun think he sink in talam la.
18/04/2019 7:23 PM
MrPotato88 Will they be having another plant turnaround this year ?
21/04/2019 11:45 AM
calvintaneng Better sell all PetChem shares as it will be affectedby Huge Blast in Pengerang RAPID

https://www.youtube.com/watch?v=xTdwX8PwF38
21/04/2019 4:15 PM
calvintaneng My friend in RAPID said quite bad

https://www.youtube.com/watch?v=aFhy8FeU7I8
21/04/2019 4:19 PM
signalmw Buylctitan...
21/04/2019 5:39 PM
calvintaneng Cannot buy Pchem and also cannot buy Ltan

Market might

SINK
SINK
SINK!
22/04/2019 1:24 AM
mamatede My friend in Rapid say the damage is contained for that package only which is package 2 by Sinopec, is not the whole RAPID exploding. They have currently place order for the long lead items that are damaged. Which may takes 6-12 months additional. Mechanical works such as piping and structures are easy to replace, but machines, valves ,etc. may be longer. Looking beyond that, you have other packages which is still progressing as we speak. So far no financial impact on Pchem as the whole construction works are insured and the whole O&G industries are insured thats why they have all sort of procedures in place to ensure insurance continuing covering them. Example they have safety audits, procedures, etc. Remember 50% Aramco, 50% Pchem the risk is even lower.

Just to share to those shallow speculators that do not understand the industries and merely reacted on news. But buy on dip. That's your entry opportunities.

Another thing to remember is upstream O&G bodes well for increasing oil price (Example of upstream hibiscus, carigali, just to name a few players) and downstream when lower oil price translate to lower feed stock price. Thats why big O&G players have a balance portfolio of upstream and downstream to balance out their weaknesses.
22/04/2019 12:03 PM


527  224  507  949 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 EKOVEST 0.965+0.295 
 WCT-WE 0.16+0.085 
 EKOVEST-WB 0.475+0.295 
 ARMADA 0.205+0.015 
 ECONBHD 0.715+0.13 
 SAPNRG 0.325+0.015 
 GADANG 0.90+0.185 
 ECONBHD-WA 0.28+0.09 
 GADANG-WB 0.395+0.15 
 IRIS 0.17+0.005 
Partners & Brokers