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Overview
Financial Highlight
HeadlinesBusiness 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.
  Notconfused i have petron cm... it's not moving!!! stuck at 0.07c, cry until no tears. 20/07/2018 14:18 lincm86 Petronm-Cm won't have any value unless Petronm is worth 14.56 or more. Then it would worth 0.005 sens. Learn your lesson and move on. 20/07/2018 23:11 RainT I have 1 thing not understand Crude oil price up and down will have direct impact of Petronm profit ??? Example ....crude oil price up, profit up and Crude oil price fall , profit down ? Or the reverse ? 22/07/2018 19:33 RainT Inversely Crude oil price up, Petronm profit tend to up Crude oil price down, Petronm profit tend to down But why now, crude oil price up, Petronm profit should tend to up, but share price drop until now 22/07/2018 23:51 EngineeringProfit a very important part is refinery cost. Refining is all about heat, pressure, steam…all that i s very energy intensive, it means a refinery consume lot of energy to operate. Grnerally the higher the oil price the more the refinery spend in energy to operate, although some cheaper ways may be used to get way with escal!ting energy cost 23/07/2018 07:14 sheldon I attended the recent AGM & they showed a graph indicating that the crack spread increases with increase in crude prices. Hence a rise in oil price should be positive for petron. 23/07/2018 16:08 wotvr Lower crude oil price is good for refinery. If crude increase price, refinery temporary have higher profit since they bought crude at cheaper price. Therefore, higher crack spread. 24/07/2018 08:06 SimonLee76 Guys can anyone here help answer a few of my questions? Is it mandatory for RON 95 to have Euro 4 certified by the end of this year? If so then what happens to refinery that are unable to comply to that standard? 25/07/2018 18:49 SimonLee76 Euro 4 is the regulation standard that is set by european on the sulphur produced by the vechicle. If you went to petron and other petrol stations theres a Euro 4 logo located next to the Ron 97 and Ron 100 also. 26/07/2018 11:41 SimonLee76 https://paultan.org/2018/02/02/petron-malaysia-ready-for-ron-95-euro-4m-roll-out/ You can get some info about it here. 26/07/2018 11:42 SimonLee76 It's alright. I am glad to be of help and share knowledge that i know. You helped me back there when you share those knowledge that you got from the last AGM. 27/07/2018 10:14 sheldon Last quarter EPS 26.7 sen. Anybody thinks that this quarter it will exceed 30 sen? 07/08/2018 12:38 sheldon I'm just guessing at 27 sen. The closest guess will win an all-expense paid trip around the world on board the Equanimity! 07/08/2018 15:33 BetorInvest Can experts from this counter elaborate more about the crack spread and how higher crude price affecting the profit for refinery? according to analyst, crude oil price will rise to 90 dollar at the end of the year. 08/08/2018 14:21 sheldon BetorInvest - Although increase in crude prices will increase crack spreads which is positive for Petron's margins, I understand that it's a double-edged sword. The cost of refining the crude goes up as well since the process entails consumption of part of the pricey crude that's being refined. 08/08/2018 16:25 BetorInvest I see. When crack spread increase, the cost of refining will also increase due to consumption of the material. But on near term projection, will the profit margin higher than previous quarter when the crude oil price is lower? 09/08/2018 00:40 sheldon But on near term projection, will the profit margin higher than previous quarter when the crude oil price is lower? - Good question but I've proper answer except only to say that there are 2 opposing factors as mentioned earlier - increased spreads vs increased cost. I'm actually more concerned about the transparency. I feel that Petron investors need proper disclosure as to which specific stations belong to this listed vehicle because theoretically, the management could perform backroom tricks to shuffle them around to our detriment. 09/08/2018 03:47 john1973_lew Reasonable rate to invest, hope it will generate good ROI by end of Dec18. 11/08/2018 12:43 Kuai Hua For live update , advice and assistance, daily stocks picks JOIN US https://chat.whatsapp.com/A7jToJqfbdL8NMrW9YT89r 14/08/2018 15:42  |
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