Highlights
KLSE: PETRONM (3042)       PETRON MSIA REFINING& MKTG BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
11.48   -0.52 (4.33%)  11.32 - 11.88  1,118,400
Trade this stock with T+7 trading account. Find out more.

Overview

Market Cap: 3,098 Million
NOSH: 270 Million
Avg Volume (4 weeks):461,429
4 Weeks Range:10.60 - 12.20
4 Weeks Price Volatility (%):
55.00%
52 Weeks Range:5.72 - 15.06
52 Weeks Price Volatility (%):
61.67%
Average Price Target: 14.04
Price Target Upside/Downside: +2.56

Financial Highlight

Latest Quarter | Ann. Date 31-Dec-2017[#4]  |  22-Feb-2018
Next QR | Est. Ann. Date: 31-Mar-2018  |  25-May-2018
T4Q P/E | EY: 7.65  |  13.08%
T4Q DY | Payout %: 2.18%  |  16.65%
T4Q NAPS | P/NAPS: 5.5999  |  2.05
T4Q NP Margin | ROE: 3.91%  |  26.81%

Headlines

Date Subject
23-Feb-2018 Petron Malaysia Refining and Marketing Berhad - Hit by Margin Compression
22-Feb-2018 DIFFERENCE between PETRONM and HENGYUAN
13-Feb-2018 下跌股:Petron大马RM10.54支撑
03-Feb-2018 DIFFERENCE between PETRONM and HENGYUAN
03-Feb-2018 Q4 EPS: HENGYUAN 138 cents, PETRONM 28 cents
24-Jan-2018 下跌股:PETRON大马 RM11.90支撑
19-Jan-2018 BACK TO BASICS: PETRON (TP: RM13.71) - BULLISH Q4FY17 OUTLOOK!
17-Jan-2018 Call Warrant: TALES OF PETRON AND HENGYUAN - Afiq Isa
17-Jan-2018 下跌股:Petron大马RM11.78支撑
07-Jan-2018 恒源、PETRON大马疯涨……
29-Dec-2017 Profit taking on Hengyuan, Petron
28-Dec-2017 Daily Technical Highlights - (PETRONM, PCHEM)
23-Dec-2017 Hengyuan vs Petronm
06-Dec-2017 Petron (RM9.60, TP: RM13.71) - BULLISH Q4FY17 OUTLOOK!
03-Dec-2017 (richDad): PETRONM - 3 reasons why it is a SELL now
24-Nov-2017 Mplus Market Pulse - 24 Nov 2017
24-Nov-2017 Petron Msia Refining And Marketing - Significantly Better
20-Nov-2017 Petron Msia Refining and Marketing - Powering Malaysia for Over 80 Years
16-Nov-2017 Daily Technical Highlights - (PETRONM, PTRANS)
09-Nov-2017 What determines the earning for PETRONM?

Business Background

Esso Malaysia Berhad is engaged in the manufacturing and marketing of petroleum products in Peninsular Malaysia. The Company is a subsidiary of ExxonMobil International Holdings Incorporated, whose ultimate holding company is Exxon Mobil Corporation.
Analyze this stock with MQ Trader system

  7 people like this.
 
UncleMau Still not able to collect more below 11

Alright raise it higher to above 11 to see can get some first
24/02/2018 06:55
KESMMD Continue adding is the best strategy to average down. Will add more as the pe has turned attractive due to price weakness for this strong net cash company with dividend.
24/02/2018 09:30
Halite Now my cost is 12. Will not hesitate to bring it down to 11 when it hit my next buy signal
Execute your plan well, then you will gain more than you want. Shares trading is a game that needs a lot of patience to succeed. The success formula is simple
SUCCESS = GREAT COMPANY + PATIENCE
Petronm is undeniably a great company to invest for investment success
24/02/2018 09:52
deMusangking May God bless you!
24/02/2018 09:54
trulyinvest Ppl dun wan consistent earnings.. consistent esrning means no growth.. then share px wil stagnant
24/02/2018 10:01
trulyinvest Ppl wan exponential earnings
24/02/2018 10:01
Halite Look at the recent QR, even with a big margin squeeze, EPS still able to maintain well around 40 cents, comparable to Petdag which is currently trading at 25. I believe very soon it will become a next target of sailang of my good friends OTB and Stockraider.
Some people may argue that this quarter earning is maintained by land divestment. It is non operational profit, but do not forget 560 lots of land is definitely no more to be considered a traditional non operational profit but a big value creation
24/02/2018 10:10
Halite Only shortsighted investors don't want consistent earning with a forward PE of 4 or less.
Why i said forward PE 4 or less?
I don't think you can understand if I am willing to explain
24/02/2018 10:18
Halite A short sighted people talking about exponential earning. Do you not see it queer.
24/02/2018 10:26
Halite Thank you for your well wishing demusang,
With this well wishing during chinese new year I believe can donate more for charity next year.
24/02/2018 10:30
ingram Halite,

- based on current trend margin compression is here to stay.
- next quarter petronm need to get at least 108 mil net profit for YoY improvement.
- current year earning is boasted with one-off gain.
- uncertainty with its capital funding for massive expansion. right issue? stop dividend?
- mandatory plant shutdown

Above are the factors which make me feel uncomfortable to put money in petronm at current price. Maybe it is just me.
24/02/2018 10:46
Halite ingram Halite,

- based on current trend margin compression is here to stay.

THEN HENGYUAN WILL SUFFER MOST

- next quarter petronm need to get at least 108 mil net profit for YoY improvement.

THE COMPANY PERFORMANCE HAS PROVEN THAT. YoY earning has improved consistently

- current year earning is boasted with one-off gain.
BUT AN UNDENIABLE BIG VALUE CREATION

- uncertainty with its capital funding for massive expansion. right issue? stop dividend?
EXPANSION FOR GROWTH NOT FOR KILLING YOURSELF

- mandatory plant shutdown
THEN HENGYUAN INVESTORS WILL FUCK YOU



Above are the factors which make me feel uncomfortable to put money in petronm at current price. Maybe it is just me.

THAT IS WHY YOU CAN NOT AFFORD TO DONATE TO CHARITY WITH YOUR SMALL GAIN
24/02/2018 11:07
pjseow Petron eps for 2015 , 2016.amd 2017 were
82 sen , 90 sen and 150.sen
Arent such eps growth rate considered exponential?
Petron has also achieved net cash status in 2017.
It also rewarded shareholders with 2.2 % dividend yield.
With yesterday price , the PE is less than 8 .
24/02/2018 11:24
Halite That is right.
What is so uncomfortable to park your money here
No borrowing, hundred million of free cash plus dividend better than the bank saving account
24/02/2018 11:28
stockraider raider hate to attack brother Petron, but clarify misconception on hengyuan, General raider like to explain why Petron is down despite consider good earnings, strong balance sheet with no borrowing & good div rm 0.25 per share loh!!

This bcos mkt is looking forward on Petron Soochai Policy of spending Rm 14 billion on new refinery capacity loh...!!
Does it meet good financial sense spending this monies ?
If yes Petron is going to make average return on its risky refinery investment loh, compare to hengyuan with its 120k bpd refinery only cost rm 4.52 billion mah....!!
So if Petron going to make monies & put Rm 14 billion on new refinery then hengyuan is going to make big big profit on this business bcos it cost less and compete effectively bcos of lower cost loh...!!

Also remember mkt rating on the stocks loh...!!

1. Petdagang pure retail marketing with no refinery PE 16x.
2. Petron refinery & retail marketing.............. PE 8x
3. Hengyuan Pure Refinery Only......................PE 4x

U will notice mkt currently give better preference or rating for marketing instead of refinery loh, why soochai Petron spend so much on refinery exceeding 3x its mkt cap leh ??

Thus market selldown Petron loh....!!

Posted by Halite > Feb 24, 2018 11:07 AM | Report Abuse

ingram Halite,

- based on current trend margin compression is here to stay.

THEN HENGYUAN WILL SUFFER MOST

- next quarter petronm need to get at least 108 mil net profit for YoY improvement.

THE COMPANY PERFORMANCE HAS PROVEN THAT. YoY earning has improved consistently

- current year earning is boasted with one-off gain.
BUT AN UNDENIABLE BIG VALUE CREATION

- uncertainty with its capital funding for massive expansion. right issue? stop dividend?
EXPANSION FOR GROWTH NOT FOR KILLING YOURSELF

- mandatory plant shutdown
THEN HENGYUAN INVESTORS WILL FUCK YOU



Above are the factors which make me feel uncomfortable to put money in petronm at current price. Maybe it is just me.

THAT IS WHY YOU CAN NOT AFFORD TO DONATE TO CHARITY WITH YOUR SMALL GAIN
24/02/2018 11:30
Halite If your exponential growth is buy today @12 and able to sell tomorrow @ 20
Then it is totally a different story
24/02/2018 11:30
Halite Posted by stockraider > Feb 24, 2018 11:30 AM | Report Abuse

raider hate to attack brother Petron,

Halite also hate to attack brother Hengyuan but to clear the misconception about margin compresdion of refinery raised by our friend
24/02/2018 11:53
pjseow If you compare petron eps growth with cyclical semincon stock Kesmi which had eps of 36 s , 71 s and 102 s for 2015, 2016 and 2017 , petron earnings were relatively higher . Besides Kesmi DY is less than 1 %. Petron retailed earnings are much more stBle tham Kesmi
24/02/2018 11:53
trulyinvest 2018 petron eps can achieve rm2?. Beter think properly
24/02/2018 11:59
pjseow The propoaed rm 14 billion investment will enabled petron to have SUPER EXPONENTIAL EPS GROWTH to RM 2.4 billion.per year. This is 6x the current yearly earning. On one hand some investors worry about huge capital spending , on other hand some investors worry about no earning growth.
There is no free lunch. Can someone ask Tomy Fernandes not to spend billions buying new planes and expect him to deliver exponential growth.
24/02/2018 12:01
Halite Halite also hate to disagree with brother stockraider but to clear the misconception about the expansion to bring the company to the next higher level of growth

Aseng sifu : Before the food is cooked , it is always too early to tell how it taste.

My good brother stockraider, sincerely hope that you stop the habit making conclusion too early
24/02/2018 12:01
ingram The problem here is petronm need to spend 14 billion into refinery for growth? I thought petronm investor like retailing business? You have no objection company is spending 3x of market cap into refinery?
24/02/2018 12:06
ingram it is like nestle's investors feeling happy if nestle suddenly announce it will allocate multi billion dollar into property business..
24/02/2018 12:13
stockraider INVESTMENT IS ALWAYS FWD LOOKING LOH....!!

RAIDER HOPE PETRON MAKE THE RIGHT DECISION TO EXPAND BIG MAH...!!

RIGHT NOW PETRON INVESTORS ARE NERVOUS LOH...!!

IF WITHOUT THIS BIG EXPANSION IN REFINERY, THE FAIR VALUE OF PETRON IS RM 15.00 LOH....!!

Posted by Halite > Feb 24, 2018 12:01 PM | Report Abuse

Halite also hate to disagree with brother stockraider but to clear the misconception about the expansion to bring the company to the next higher level of growth

Aseng sifu : Before the food is cooked , it is always too early to tell how it taste.

My good brother stockraider, sincerely hope that you stop the habit making conclusion too early
24/02/2018 12:13
Halite Ingram,

It is difficult to to make the Malaysian to believe that winter is freezing cold
24/02/2018 12:16
Halite Trueinvest,

How to play the game if you like to fix the rule first
24/02/2018 12:18
Halite Ingram,
I do not think there is any right thinking person willing to spend 14B to kill himself.
Do you think so?
24/02/2018 12:23
Halite So far the details 14B expansion plan is not published yet.
How do you know they can't spend the money smarter than you have thought
Do not make conclusion too early. You are misleading others and proving yourself wrong later
24/02/2018 12:29
ingram Halite, the key question to ask is why they need to do the expansion? Purely for growth or force to do it? If force to do it in order to comply with certain requirement, then you better pray refinery industry is good. If refinery industry going downhill and yet petronm need to dump in so much money to keep going, things will be disasterous. That's all from me. Good luck.
24/02/2018 12:47
Championmbsbnsimecw Demusang tak cock again
24/02/2018 13:00
Halite If you are scare of ghost, you never expect liew kee sin (ecoworld) willing to borrow big money to develop pudu jail.
24/02/2018 13:08
Halite THINK SMART, NOT THINK TOO MUCH
24/02/2018 13:10
Halite If you think too much, then you become very nervous like my good brother stockraider
24/02/2018 13:12
Halite Ingram,
May be you will find it hard to understand what I actually want to convey to you.
No one can force you to kill yourself when you still have a chance to live well. 14B is not play play...


Ingram: Halite, the key question to ask is why they need to do the expansion? Purely for growth or force to do it? If force to do it in order to comply with certain requirement, then you better pray refinery industry is good. If refinery industry going downhill and yet petronm need to dump in so much money to keep going, things will be disasterous. That's all from me. Good luck.
24/02/2018 13:37
Halite Why there are so many sifu, whether in hengyuan or petronm forum, who are scare to park their money here, but showing so much interest here.
Very funny mentality.
24/02/2018 13:45
trulyinvest Pengerang is going to start operation soon.. big refinery there.. petrol flooding the market
24/02/2018 14:43
KESMMD Mostly cash rich and strong investors will like the company very much. Those poor and weak ones already wiped out.

That's good for real investors who wanted to hold longer term.
24/02/2018 18:15
Halite Price is determined by supply demand. Not magical earning without any clue whether it is sustainable or not for a long term. Nestle selling at RM100 and Hengyuan Selling at 15 is a good proof.
Price can be manipulated. A strong promotions to arouse the sentiment will see the herd mentalty to come into effect .
You don't find it here but quite obvious in hengyuan forum now.
But I still believe, in the long run, market is a weighing machine. So I only wish I had made a right decision chosen petronm as my long term investment
24/02/2018 18:29
Kawkaw Dear ahseng n fren..
You wont regreted whenever you decided to park your hatd earning monies in petronm or heng..
You..other..n..i. have experiences through this 2 counters..i had made monies since last year. Only patience people will reward alot like you n other.
24/02/2018 18:47
jonbravo Post removed. Why?
24/02/2018 22:22
Halite If you are interested to know more about me you will find last year I was a strong supporter of both hengyuan and peyronm. I feel no shame to tell you i had made quite a lot of money from both of these 2 investments, enough to allow me to live well for many years if the market crashes tomorrow
I like to keep a stock i have invested forever if I don't see the reason that I should sell. Then why I let go hengyuan but still keeping petronm. starting afresh this year with a new entry price to gauge the next performance of this counter for 2018.
The reasons are straightforward and simple
1.i believe explosive earning can move the price sky high but never it is sustainable. So it is not something look real to me.
2. Kyy and OTB involvement but when they start selling game is half over
3. Excessive promotion with sky high TP
4. No IB coverage
5. The old saying :when auntie in the market are saying it is good then the stock must has gone crazy
6. When the mother share price is too high IB going to lose money in the CW there issued

I may be wrong but I choose to play safe to protect my limited fund that makes me live well

So I adopted a strategy as described below

HENGYUAN IS MY GIRL FRIEND, KEEP IN THE CAR.
PETRONM IS MY WIFE, KEEP AT HOME
25/02/2018 10:29
Halite i am just expressing what i am thinking
no intention to persuade you to sell hengyuan buy petronm
I may be wrong because market price is not determined by good or bad, it is determined by supply and demand. if not you can't find counters selling at 100x PE still price rocketing everyday.
anything can happen in the share market if the operator want it happens
it is not strange or impossible petronm drops to 10 but hengyuan shoots to 100 or petronm shoot to 100 and hengyuan goes back to 10.
we can't fight with the operators, they are 100 time more powerful than us ,
but what we can do is to do a right thing with our limited knowledge telling us it is right and wait for the market to prove us right
25/02/2018 11:10
富二代 富二代 What myself and gangs know is to buy when price come down, especially below 11.

That's all we are now aiming.
25/02/2018 11:48
Halite 富二代,

good.
you have a good plan,
follow it strictly with a strong heart
you will not be defeated by your own distress or fall prey to the market herb mentality effect
25/02/2018 12:50
RedEagle Monday bounce to £12.50?
25/02/2018 12:58
Halite jay,

mind to share your view ,
I believe many here are hoping to read your comments and how you look at petronm now.
I also hope to learn more from you.
thanks
25/02/2018 13:00
lowprofileone Eps is all time high and some still doubt the earnings record of the company and management, wonder what more they want from this dividend paying and debt free company ??

PE is reasonable and past 5 quarters were registering eps about 40 cts each, isn't this show company is ready to look at the investment of the expansion plan ?

Any further drop in price will make the pe getting so cheap to buy more by value investors and those cash strong players.
25/02/2018 13:19
hoh13 aiming the price below 11.00
25/02/2018 18:29
Halite good !
many have voiced their intention to enter when the price drops below 11
this is a good indication that many have agreed that Petronm is a great company to keep for long term.

let's pray tomorrow it will drop more , so that we can collect more for bigger gain later .

This is called Honda challenging spirit, dare to accept some paper loss first before you are rewarded with a bigger return later.

this is also called the cold-eye sifu spirit , never buy a stock that you dare not buy more when other want to sell a good stock cheap to you.

let's us do a very simple mathematics.
you have 10k shares bought at RM13, you wish to make a 20% gain , then you sell at 15.6, so you gain is RM26,000.00 ( RHB TP is 16.2)

now Q4 is not up to expectation , and you top up another 10K at RM 11.
now you have 20k at the cost of RM12. you wish to make 20%, then you sell at 14.4, what is your gain now ? it is RM48000.00

what happen if you dare to top up another 10k at RM10 or may be 9.00,
I leave the mathematics to you
I believe surely you can calculate better than me .

Aseng sifu : you need more money to make bigger return

my advice: never sailang , do it slowly , the return is more than you want
25/02/2018 19:28
Halite if you think 10k is too big for you , then you may start with 1 k or 0.5k
the principle: never sailang , do it slowly , the return is more than you want
25/02/2018 19:31


 

541  330  551  472 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 MAHSING-WB 0.015+0.01 
 TOYOINK-WA 0.155+0.055 
 MRCB-WA 0.035+0.01 
 AAX 0.44+0.025 
 HUAAN 0.60+0.03 
 DGSB 0.12+0.015 
 SCOMI-WB 0.095+0.02 
 DGB 0.18+0.015 
 HWGB 0.0650.00 
 DGB-WA 0.025+0.005 
Partners & Brokers