Highlights
KLSE: PETRONM (3042)       PETRON MALAYSIA REFINING & MARKETING BHD MAIN : Energy
Last Price Today's Change   Day's Range   Trading Volume
4.38   -0.06 (1.35%)  4.36 - 4.43  34,600
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Overview

Market Cap: 1,183 Million
NOSH: 270 Million
Avg Volume (4 weeks):56,757
4 Weeks Range:4.10 - 4.47
4 Weeks Price Volatility (%):
75.68%
52 Weeks Range:3.00 - 6.75
52 Weeks Price Volatility (%):
36.80%
Average Price Target: 3.02
Price Target Upside/Downside: -1.36

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2021 [#2]  |  26-Aug-2021
Next QR | Est. Ann. Date: 30-Sep-2021  |  19-Nov-2021
T4Q P/E | EY: 4.15  |  24.07%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 6.9374  |  0.63
T4Q NP Margin | ROE: 3.94%  |  15.20%

Headlines

Date Subject
27-Aug-2021 Mplus Market Pulse - 27 Aug 2021
24-Mar-2021 油气业虽现复苏 供应过剩隐忧未除
24-Feb-2021 Mplus Market Pulse - 24 Feb 2021
19-Feb-2021 Trading Stocks - Petron Malaysia Refining & Marketing
19-Dec-2020 Should we invest in HRC and PetronM?
05-Dec-2020 上升股:Petron大马 阻力RM6.24
20-Nov-2020 Mplus Market Pulse - 20 Nov 2020

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.
 
Azam Sahlan no research house is covering this counter is it? cant find any except for RHB in mar 2020
13/05/2021 11:43 AM
sheldon Isn't Petron & Petdag business very similar?

Puzzling that their share price seem to be oppositely corelated?
17/05/2021 11:07 AM
subwayzzz still no power???
18/05/2021 1:46 PM
pang72 ............ Interesting.......
18/05/2021 6:37 PM
Trumpet Up so much
18/05/2021 6:47 PM
Trumpet This is small brother of Petronas
18/05/2021 7:01 PM
Diamond7 Must call KYY here..
Put up a blog...
Then everyone will know petron is good...undervalue counter
Cash rich too!!!
18/05/2021 8:45 PM
Cakes Moon All in PetronM, good bet for long term gain.
25/05/2021 5:21 PM
pang72 Wah...
What happen
27/05/2021 5:36 PM
limkokthye wah good earning superb results
27/05/2021 5:58 PM
pang72 LU...
27/05/2021 6:01 PM
sheldon Yeah yeah. This co trades at very low PE so don't expect much in terms of share price gain. If investors don't find Petron attractive then management should start flexing its muscles in the form of dividends.

Consider this - a 1 sen dividend translates into a mere RM2.7m. Co is paying only a total of RM13.5m with 5 sen. Compared to cash balance of RM171m and massive reserves of RM1.7b, the dividend is so very minute.

It's such an anticlimax after waiting for 1 year. Surely it can do better than that!
28/05/2021 3:21 AM
limkokthye cb stock earning so good, ppl also sell like mad
28/05/2021 9:16 AM
limkokthye total lockdown again , keong gan liao
28/05/2021 9:21 PM
Cakes Moon The result is superb, oil price break $70.
PetronM should be shooting up very soon.
01/06/2021 11:10 AM
DickyMe https://www.msn.com/en-my/money/markets/hydrogen-planes-electric-propulsion-and-new-regulations-aviation-is-changing/ar-AAL3Ar8?ocid=mailsignout&li=BBr8Hnu

The end of fossil fuel is rapidly approaching.
15/06/2021 8:43 PM
lotuseater U seem to be posting the same stuff at other forums as well.
15/06/2021 10:09 PM
Cakes Moon Brent $76
23/06/2021 10:13 PM
limkokthye time to buy , monday buy 20lot
27/06/2021 12:16 AM
Diamond7 Down again...
Why?
Oil up up wor!
28/06/2021 9:13 PM
Diamond7 Think it's political instability
Plus Covid kacau!!!
28/06/2021 9:13 PM
Bgt 9963 Post removed. Why?
28/06/2021 9:28 PM
limkokthye wasted , oil price up so much, but petrol sales very low because lockdown
30/06/2021 10:33 PM
IronShirt PetR hard hit by 1 month lockdown and now KL/Sel lockdown....bad Qr results for sure, just
buy and throw inside freezer
04/07/2021 6:30 PM
Diamond7 Oops
Break support level Liao!!
05/07/2021 9:02 PM
limkokthye Petronm very cheap
09/07/2021 8:30 PM
sheldon I'll buy when it hits zero
04/08/2021 3:16 PM
DickyMe Post removed. Why?
17/08/2021 12:20 PM
aleroe Earnings out — good profit despite the lock-downs

Revenue actually up on Q-on-Q basis
26/08/2021 5:07 PM
Karma4444 Heng yuan monday will drag down petronm
28/08/2021 11:35 AM
firehawk is this a better choice than Heng Yuan?
03/09/2021 8:13 AM
Sslee Yes Petronm is better than Hengyuan as Petronm is running a business whereas Hengyuan is running a Casino betting/hedging heavily on:
Forward foreign currency contracts
Forward priced commodity contracts
Commodity swap contracts
Refining margin swap contracts
Commodity options
Interest rate swap contracts
03/09/2021 8:33 AM
firehawk Hahaha ...I think they hedge their raw material cost and causes the loss .... seemed is more than that!

really they bet on so many items?
03/09/2021 8:42 AM
Sslee Hengyuan latest quarter end 30.06.2021 page:14
(b) Financial instruments carried at fair value (continued):
Fair value of financial instruments that were outstanding as at the reporting date are
detailed below:
Level 2
30.06.2021
Contract/Notional amount USD'000
Forward priced commodity contracts 14,778
Commodity swap contracts 140,295
Refining margin swap contracts 250,714
Interest rate swap contracts 77,500

31.12.2020
Contract/Notional amount USD'000
Forward foreign currency contracts 18,000
Forward priced commodity contracts 47,414
Commodity swap contracts 96,496
Refining margin swap contracts 59,436
Interest rate swap contracts 88,750
03/09/2021 8:56 AM
firehawk Found that Petron also has derivatives, in 2 items,
1) Forward exchange contracts 92,165
2) Commodity swap 158,905

and incurred loss of (11,046) for 3 months ended 30/06/21.
05/09/2021 10:02 PM
firehawk I only dare to put little portion in these type of counters. Long time ago, I already found that their earnings are highly unpredictable. Basically the raw material itself is already a subject of wildly fluctuation, moreover, they themselves buy all these derivatives, these make the earnings more unpredictable.

For example, if crude oil price grows higher, by straight forward, their inventory (which bought earlier at lower price) would be a gain, but they can report inverse result because they hedge the price in wrong direction :D. This happen to other counters like Airasia etc .......
05/09/2021 10:31 PM
firehawk Take a glance at Heng Yuan, this is a good demonstration on how the derivatives affected the final result. The pretax loss of 80,463 was caused by the the fair value loss on derivative instruments of 209,219.

But in same period last year, the derivatives reported a gain of 286,017, so ...... :D :D

Their result is actually their derivatives trading result? :D :D
05/09/2021 10:52 PM
Sslee If you look into the amount of hedge Hengyuan done in USD, its amount to billion in MYR. That is why I say Hengyuan is running a casino and not running a business.
06/09/2021 7:46 AM
EatCoconutCanWin Software stock in focus, myeg, ctos,ramssol, mpay, revenue, buy in before shooting up
06/09/2021 8:06 AM
kevinobc https://www.reuters.com/business/energy/oil-prices-climb-after-drawdown-stocks-positive-demand-outlook-2021-09-15/
16/09/2021 11:02 PM
kevinobc https://www.dailyfx.com/crude-oil
17/09/2021 8:13 AM
Karma4444 looks like petrol stock going to hooland
21/09/2021 8:33 PM
Bgt 9963 Down trend....
21/09/2021 8:39 PM
Karma4444 Petronm make me 9696
22/09/2021 7:51 AM
Karma4444 cb petronm zzzzzzzzzzzzz
23/09/2021 11:07 AM
gemfinder Interstate travel soon.... buy now
24/09/2021 8:58 PM
sheldon PE only 4.07
27/09/2021 2:50 PM
BursaRangers https://klse.i3investor.com/blogs/BursaRangersTechnicalPicks/2021-09-27-story-h1591781757-BursaRangers_Daily_Technical_Picks_28_September_2021.jsp
27/09/2021 7:53 PM
Diamond7 When economy reopens
People will start driving n use petrol..

Aeroplanes will fly.
28/09/2021 6:12 AM
AlexZai No steam
29/09/2021 9:24 AM


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