Highlights
KLSE: PETRONM (3042)       PETRON MALAYSIA REFINING & MARKETING BHD MAIN : Energy
Last Price Today's Change   Day's Range   Trading Volume
7.17   -0.01 (0.14%)  7.16 - 7.33  194,900
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Overview

Market Cap: 1,936 Million
NOSH: 270 Million
Avg Volume (4 weeks):122,637
4 Weeks Range:6.42 - 7.33
4 Weeks Price Volatility (%):
82.42%
52 Weeks Range:6.01 - 12.20
52 Weeks Price Volatility (%):
18.74%
Average Price Target: 10.10
Price Target Upside/Downside: +2.93

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2018 [#3]  |  15-Nov-2018
Next QR | Est. Ann. Date: 31-Dec-2018  |  22-Feb-2019
T4Q P/E | EY: 5.54  |  18.06%
T4Q DY | Payout %: 3.49%  |  19.30%
T4Q NAPS | P/NAPS: 6.2739  |  1.14
T4Q NP Margin | ROE: 2.92%  |  20.64%

Headlines

Date Subject
15-Feb-2019 上升股:Petron大马阻力RM7.40
12-Feb-2019 估值低廉‧中小股招财进宝
12-Feb-2019 Stocks On Radar - Petron Malaysia Refining & Marketing (3042)
22-Jan-2019 (Icon) Why I Bought Hengyuan and Petronm Recently
08-Jan-2019 Trading Stocks - Petron Malaysia Refining & Marketing
16-Nov-2018 Petron Malaysia - Weak Margins Already Priced-In; Keep BUY
26-Sep-2018 上升股:PETRON大马阻力RM8.80
13-Sep-2018 下跌股:Petron大马RM8.22支撑
07-Sep-2018 下跌股:Petron大马RM8.22支撑
03-Sep-2018 Technical Analysis - Petron Malaysia
03-Sep-2018 Mplus Market Pulse - 3 Sept 2018
02-Sep-2018 上升股:Petron大马阻力RM8.98
30-Aug-2018 Petron not sole fuel supplier, Putrajaya clarifies after cronyism allegation
30-Aug-2018 Petron gets green light to supply fuel to government vehicles
30-Aug-2018 Petron Malaysia - Driven by Organic Growth
27-Jun-2018 下跌股:Petron大马RM7.14支撑
25-Jun-2018 [TRV] Petron Malaysia 59th AGM Notes
25-May-2018 Petron Msia Refining and Marketing - Unfavorable Dynamics A Bane
15-May-2018 上升股:Petron大马阻力RM11.00
19-Apr-2018 下跌股:Petron大马RM7.82支撑

Business Background

Petron Malaysia Refining & Marketing Bhd is a Malaysian oil company engaged in producing a wide range of petroleum products which include gasoline, diesel, liquefied petroleum gas (LPG) and aviation fuel.
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  8 people like this.
 
Jaya Buy and keep brothers
21/01/2019 10:53
MCA_ “They promised to set the price of petrol at RM1.50 per litre. Now, it’s more like RM1 for half a litre. The price has just gone up by six sen.
Read more at https://www.thestar.com.my/news/nation/2019/01/21/fulfil-promises-pakatan-told/#AsI9GH2JrLFqrXr3.99
21/01/2019 13:53
Icon8888 https://klse.i3investor.com/blogs/icon8888/190935.jsp
22/01/2019 10:36
LouiseS The EPS increased significantly by 118% in last five years, the PE ratio at quite low level of 5, the ROE at 20% and dividend yield at 3.82, worth to investigate further.

https://louisesinvesting.blogspot.com/2019/01/preliminary-screening-of-counters-with_25.html
26/01/2019 12:55
sheldon I feel a minor erection
28/01/2019 11:43
chshzhd moving..
30/01/2019 10:57
Foxxxxxx As readers would know that ever since I posted my buy recommendation on Carimin, it has shot through the sky like an unstoppable rocket.
Many of my followers have asked me what is my target price.
Yesterday Carimin shot up 11.5 sen from 60 sen, 19 percent in 1day with 22.3 million shares changed hands. This huge volume shows that many well-informed institutional investors are buying so aggressively.
Many of my followers asked me what is my target price. Just based on its 1 quarter eps 5 sen X 4 q equal 20 sen.
Conservatively my target price is Rm 2, selling at PE 10.
I can imagine those smart investors can easily foresee that it can easily earn 20 sen per year. By the end of February when it's 2nd quarter profit is announced, investors can easily foresee its future and chase to buy up to 1.95 which is my immediate target price.
I am obliged to inform you that Carimin is my major investment and I do not need you to buy to support the price because there are many institutional buyers. That is why the daily volume exceed 20 million shares and the price continues to move higher and higher.
30/01/2019 14:16
東风 Need money to spend for CNY
01/02/2019 10:32
Parttimer why drop again ?
04/02/2019 09:35
chshzhd for u to collect..
05/02/2019 16:10
sheldon There's a rumble in the jungle
11/02/2019 15:48
chshzhd rumble...
12/02/2019 10:36
PotentialGhost Ya gogogo petronm
12/02/2019 11:12
Choivo Capital .... Wanted to buy my last batch, but was still thinking, at 6.5. Aih . A little bit irritated.
12/02/2019 11:38
TakeProfits Nah, we all don't know...lar. If it goes to 7 next week, we wished we bought some at 7. Petron is good stock. Let it cross 10 first. Haha. Kikikki
12/02/2019 14:16
Choivo Capital I know what its worth. Haha
12/02/2019 14:34
Parttimer why up?
12/02/2019 16:37
sheldon Parttimer - results about to be released. I'm hoping & I think that there's a general consensus that there'll be no earnings surprises a dividend of about 25 sen
12/02/2019 20:09
TakeProfits Sure Jon, we all have placed values on this one. Let's hope all of us win by selling close to our values. Well main thing is we make decent out of this one. Haha. Someone is playing with our emotions, up they sell, down they buy. These raokors, taikors..haha
12/02/2019 22:00
430204813832245 7.35 no problem
13/02/2019 10:06
chshzhd keeep..
13/02/2019 10:34
sheldon If the price hits 20, you might see me in the Forbes List - somewhere between Teh Hong Piau & Vincent Tan
13/02/2019 11:30
RainT can reach RM20? dont dream

with the unstable oil price dont think can reach RM10 also
13/02/2019 12:41
Choivo Capital Oil price does not really matter for PetronM. Its not the main money maker.
13/02/2019 15:05
chshzhd agree..
13/02/2019 15:24
yesyesyes sui sui liao .. get set , GO !!!
13/02/2019 15:57
RainT so what is the main money maker for PETRONM?

can share ? hehe
13/02/2019 16:36
chshzhd ofcourse refining n marketing..
13/02/2019 17:53
TakeProfits If you buy petron and think can make lots of quick profits overnight, then this counter is not for you. This is a good stock for long term investment. Rm20 is possible in a superbull market and when there are institutions buying it up. It's a stock worth "investing" in. If you want traders overnight profits then go play those cheh kgai stocks like Jags, dayang, talam etc...haha. Kikiki
13/02/2019 23:00
RainT thanks for share idea & opinion !
14/02/2019 00:13
imlearning My cost is RM 12...
14/02/2019 08:11
Icon8888 Indeed you are learning....

X P
14/02/2019 08:45
sheldon 20 is possible. As more & more profits are retained, the company becomes increasingly valuable. Think Berkshire Hathaway
14/02/2019 09:28
RainT @imlearning

cost RM12 is like paper loss around 50%

still no cut loss???
14/02/2019 09:39
430204813832245 Up up.up
14/02/2019 10:25
Kawkaw Paper loss.. Pen loss... Pencil loss... Pant down n loss..
Still loss...
14/02/2019 15:08
Choivo Capital Here's an additional hint.

There are two kinds of government price controlled industries in Malaysia.

One, is like chicken, egg, sugar, mutton, beef, pork, small red onions, flour etc

Second is like retail petrol price, power plants (especially solar), water concession, highway concession etc

What is the difference in economic reality between these industries?

I really said too much d. This is more than enough if you're very curious.

========
I can't answer your question properly, as i like this company at this price very much for myself and my investors.

Its not in my interest to potentially increase my purchase cost by explaining to others on a public forum. Its already up 5% this year, and it had just cost me an additional few thousand this year when i buy more.

However, i wrote something on the economics of refinery business.

https://choivocapital.com/2018/11/28/an-estimate-on-the-real-refinery-...
https://choivocapital.com/2018/11/28/lessons-from-hengyuan-petronm-and...

I believe the above two articles, as well as a brief study on husky energy and other petrol retailing or refinery companies around the world, will provide you an answer.

Email me once you've finished your research. We can talk further then.

=====
johnbrooks Choivo, why do you say the refinery margin is not important? Shouldn't it be the most important thing for the company's profit? I mean the refinery margin is what determine the gross profit margin right?

The way u say it, u think that the profit won't be affected even if the refinery margins go down. I'm not saying the retail business is not important but the biggest weight to the company profit should still be the refinery profit.
13/01/2019 15:11
14/01/2019 11:19

=======

RainT so what is the main money maker for PETRONM?

can share ? hehe
13/02/2019 16:36
14/02/2019 15:35
yesyesyes sui sui .. get set , GO again !!!
14/02/2019 16:15
yesyesyes the bus will not stop now .. only will stop around 7.5x-7.60 ..
14/02/2019 16:18
imlearning @RainT ,I no cut cost....And also no money to average down
15/02/2019 10:43
RainT @imlearning

it must be painful and stressful to see your investment in PETRONM making loss at 50%

you must have very strong wisdom to continue hold
you must be able to trust and believe on PETRONM future given the current 50% paper loss

a bit more time needed & challenging for it to move up 50% for you to breakeven
but preseverance will hold
15/02/2019 12:10
chshzhd some very good counters in my portfolio also loss 20-40% since last year...i accumulate petronM last few weeks to add in my portfolio...n now feels good:)
15/02/2019 12:46
chshzhd many counters in my portfolio also recover in this two months...my loss in 2018 almost fully recovered now.
15/02/2019 12:50
RainT @chshzhd

that is called investing!
15/02/2019 14:46
RainT @chshzhd

other than PETRONM, what else counter you invest now?
15/02/2019 14:51
yesyesyes nice .. QR is next week .. 100m earning ..
15/02/2019 15:03
chshzhd @RainT petronm hibiscus takaful rhb inno tasco rce sign ccmdbio sapnrg armada awc cck osk hlfg :)
15/02/2019 15:09
RainT @chshzhd

thanks for being open minded & share your current holding

total 15 companies ..wow thats quite a lot
for me, want to monitor also will feel tired ....zzz....lol
15/02/2019 19:10
Dylan Yong Hua Tai TA showed Petronm in uptrend form, just wait and see.
17/02/2019 18:05
Kawkaw Up trending... U right
17/02/2019 19:14


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