Highlights
KLSE: PETRONM (3042)       PETRON MALAYSIA REFINING & MARKETING BHD MAIN : Energy
Last Price Today's Change   Day's Range   Trading Volume
3.11   -0.01 (0.32%)  3.09 - 3.12  15,600
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Overview

Market Cap: 840 Million
NOSH: 270 Million
Avg Volume (4 weeks):46,135
4 Weeks Range:3.08 - 3.37
4 Weeks Price Volatility (%):
10.34%
52 Weeks Range:2.49 - 5.30
52 Weeks Price Volatility (%):
22.06%
Average Price Target: 3.02
Price Target Upside/Downside: -0.09

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2020 [#2]  |  26-Aug-2020
Next QR | Est. Ann. Date: 30-Sep-2020  |  21-Nov-2020
T4Q P/E | EY: -9.37  |  -10.67%
T4Q DY | Payout %: 3.86%  |  - %
T4Q NAPS | P/NAPS: 5.9281  |  0.52
T4Q NP Margin | ROE: -1.00%  |  -5.60%

Headlines

Date Subject
22-May-2020 Mplus Market Pulse - 27 May 2020
14-May-2020 下跌股:Petron大马RM4.33支撑
09-May-2020 上升股:Petron大马阻力RM4.99
09-May-2020 上升股:Petron大马阻力RM4.99
28-Apr-2020 下跌股:Petron大马RM3.47支撑
26-Mar-2020 Petron Malaysia Refining & Marketing - Tougher Outlook; D/G to NEUTRAL
23-Mar-2020 [转贴] [PETRON MALAYSIA REFINING & MARKETING BHD:原油和制成品之间的价差缩小] - James的股票投资James Share Investing
07-Mar-2020 下跌股:Petron大马RM3.96支撑
28-Feb-2020 Petron Malaysia - Within Expectations; Keep BUY
18-Feb-2020 热门股:Petron大马上挑RM5.36
10-Feb-2020 (CHOIVO CAPITAL) Petron Malaysia Refining & Marketing Berhad (PETRONM: 3042): A Love Letter to Ramon Ang
22-Nov-2019 【视频】Petron大马 末季净赚会更高
22-Nov-2019 PublicInvest Research Headlines - 22 Nov 2019
12-Nov-2019 PETRON大马能否趁低吸购?
04-Nov-2019 PublicInvest Research Headlines - 4 Nov 2019

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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  9 people like this.
 
QuestKing Buy when price drops! And run when panties burn
04/08/2020 9:39 AM
Choivo Capital Or close to that

There are alot of factors to help, higher inventory value, forex savings, recovery of fuel consumption to a large extent. Most people are driving now vs taking public transport.

But i dunno, all i know long term wise, people will be driving more, and that Petronm is the player with the lowest cost in this regulated industry.

====
sheldon Breakeven? Meaning profit = 0?
04/08/2020 9:37 AM
04/08/2020 10:17 AM
Sslee Dear all,
For refining margin you need to look into below chart. You need crack spread of minimum USD 2.00 to make profit in refining.
https://www.tradingview.com/symbols/NYMEX-D1N1%21/

For stock/inventories gain or loss you can look into below chart:
https://markets.businessinsider.com/commodities/oil-price

As for retail sales the margin is fixed but need volume to generate good profit
04/08/2020 10:42 AM
Choivo Capital thanks sslee.

Do note, their refinery supply mainly to themselves. They don't sell the fuel to third party, so the impact from low refining margins is relatively contained.

In addition, when it is not economical to refine, they usually ramp up the imports. So there is this.
04/08/2020 12:06 PM
Nepo I wait below RM 3, don't know possible or not..
04/08/2020 6:54 PM
Jeffreyteck Looks attractive.
04/08/2020 7:05 PM
ankahill Woh!!! What's happening?!! Syndicate ' goreng ' or trapping!!?? :D
06/08/2020 3:50 PM
ivanlau crack spread still in deficit...... be cautious.........
06/08/2020 8:17 PM
hng33 bought petron at 3.60
11/08/2020 11:56 AM
hng33 sold back at 3.70-3.75
11/08/2020 2:52 PM
ankahill Collect little by little.
12/08/2020 10:30 AM
ankahill Will collect again when below Rm3.
12/08/2020 10:40 AM
lmy059c Hengyuan has posted a net profit of over RM48 million for 2Q 2020 !!! Will PetronM and Hibiscus follow suit ??
18/08/2020 6:47 PM
SuperPanda bought 3.60 last wed, will accumulate all the way down bcoz what goes down will come up eventually

end year tp rm5 : )
20/08/2020 9:45 PM
mf Dow Jones 27,577.08 -115.80 0.42%
Nasdaq 11,138.22 -8.243 0.07%
20/08/2020 9:47 PM
SuperPanda the secret of trading for this stock now = waiting

*dunno until when but definitely will not lose money
20/08/2020 9:52 PM
ankahill Anyone know when Petron will present the QR report?
24/08/2020 3:19 PM
SuperPanda this week, might be today
25/08/2020 1:28 PM
ankahill Price starts to fall again. Very bad QR?
25/08/2020 3:36 PM
sheldon This counter shows a lot potential but the price seem to tank all the time. Why are investors so spooked??

They however pick up other shitty counters with poorer fundamentals.
25/08/2020 5:03 PM
Choivo Capital Lol, QR should be bad lah. Petdag revenue for Q2 drop 60%.

Should be a loss still. However, i think the worst is behind them, in terms of both retarded EURO 5 capex etc, and the virus.

Traffic numbers are back up to 95% of 2019, second hand car sales have shot up as people dont want to take public transport due to covid etc.

One thing that should be quite bad is that jet fuel sales and refining should have drop like a rock. This is one of the cherries in Petronm earnings before this.
26/08/2020 2:07 PM
sheldon I believe that 2nd Qtr will show profits despite jet fuel sales all but disappeared - mainly from inventory gains.
26/08/2020 4:51 PM
5354_ PN very good govn? Take care rakyat more not Tun M son ctr?
26/08/2020 5:08 PM
oranger @Choivo
Do you know what proportion of their profits were from jet fuel sales and refining? Can't seem to find this info anywhere, maybe i missed out somewhere.. Thanks.
26/08/2020 5:41 PM
SuperPanda dont worry loss report also can go up, pn17 ktb also can rebound 250%

bursa now just like casino, you just need to place your bet and wait it strike
26/08/2020 5:50 PM
SuperPanda this will be the worst phase ever, moving fwd will back to profit since jul-sep business back to normal

boring to wait but thats the cost to pay while looking other counter shoot up

btw we dont only have this counter only right, just park some capital and keep it for few mths for some profit wont harm
26/08/2020 8:34 PM
KassimBaba7 Please sell.. I will buy after you're all done running
26/08/2020 10:00 PM
ivanlau new TP for Petronm - rm 3.15 .......... as per my calculation
26/08/2020 10:10 PM
Choivo Capital Dont have the data unfortunately.


oranger @Choivo
Do you know what proportion of their profits were from jet fuel sales and refining? Can't seem to find this info anywhere, maybe i missed out somewhere.. Thanks.
26/08/2020 5:41 PM
27/08/2020 9:40 AM
sheldon Recently a PAS guy went to Turkey & came back.

I hope that plane fueled up from Petron hahaha!
27/08/2020 9:54 AM
ankahill Price dropping, maybe QR is very BAD!!
27/08/2020 3:15 PM
sheldon bloody shit!
27/08/2020 8:57 PM
Jeffreyteck Quite unlikely to deliver positive results in Q3 & Q4. TP below $3.
04/09/2020 7:09 AM
ivanlau --------- quote ------------

ivanlau new TP for Petronm - rm 3.15 .......... as per my calculation
26/08/2020 10:10 PM
------------ unquote ---------
I still stick to my previous calculation ..........
05/09/2020 8:10 PM
ankahill This counter will FALL again today!!??
07/09/2020 8:29 AM
curiousman Petron is refining company, If the crude oil price drop the company should benefit for it because the cost to buy the crude oil is low but in the AR why they keep mention the drop of crude oil affected the revenue drop?
11/09/2020 3:45 PM
sheldon curiousman - because the inventory of crude bought at high prices earlier will affect crack spreads
15/09/2020 5:54 AM
maimunah Petron Malaysia expects more customers to utilise the ATM MyDebit facility at its petrol stations, following the launch of the second series of the “Fuel Penuh Gaya MyDebit Je Dengan Kad ATM Anda” contest campaign.
01/10/2020 11:41 AM
maimunah General manager Faridah Ali said this is based on the success of the contest’s first edition,”FUEL-YoooH MyDebit Je Dengan Kad ATM Anda”, which was launched in January this year.
01/10/2020 11:41 AM
maimunah Faridah said Petron is the first petrol station network in the country to offer ATM MyDebit payment without the three-day RM200 pre-authorisation detention.
01/10/2020 11:42 AM
maimunah the collaboration with Petron and PayNet (Payments Network Malaysia Sdn Bhd) through this contest because this simple method will further increase the mobility of the public which in turn contributes to cash flow and income generation in the country
01/10/2020 11:42 AM
maimunah Conducted in collaboration with Petron, Tourism Malaysia and PayNet, the campaign runs from Oct 1 to Dec 31, 2020, and is open to all Malaysian bank-issued ATM MyDebit cardholders who purchase at least RM5 worth of fuel in a single receipt at any of Petron’s outside payment terminals nationwide.
01/10/2020 11:42 AM
sheldon Let's play the guessing game - Profit or Loss for the 3rd quarter?
01/10/2020 3:07 PM
DickyMe ".., and I know that Norway and Malaysia started developing our oil and gas industry at about the same time. In fact, both Norway and Malaysia have about the same size of hydrocarbon reserves beneath our land and our seas. But while Norway managed their bounty carefully, and today they have one of the world’s largest sovereign funds from oil and gas resources, exceeding one trillion US dollars in value, Malaysia has a sovereign debt exceeding RM1.264 trillion, including government liability exposure and commitments"
02/10/2020 10:57 AM
sheldon Malaysia also has a very large sovereign fund but it's in individual pockets
03/10/2020 5:42 AM
ivanlau selangor cmco ; crack spread no good, if based on forward eps 30 , the fair value in year 2020 will be around 2.70 - 3 . Today closing 3.33
12/10/2020 9:01 PM
limkokthye wait for 1.80
18/10/2020 11:53 PM
sheldon This Co is almost dead
23/10/2020 6:38 AM
Azam Sahlan 1st time i bought was 3.14 on 1st april...Now buying again.
23/10/2020 7:41 PM
i4value Petron is no longer a refining company. It is today a petroleum retailing company that happens to have an in-house refinery. Given its current price is Petron Malaysia a value trap? I don't think so as its performance has been "hidden" by the low oil price. In terms of physical volume of sales, it has managed to grow its sales by 24 % over the past 7 to 8 years probably at Petronas expense. There is value at the current price but this is a stock for those with holding-power as any re-rating will depend on the oil price. There are several fundamental analysis of this company online. Check them to verify my view.
26/10/2020 3:33 PM


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