Highlights
KLSE: PCHEM (5183)       PETRONAS CHEMICALS GROUP BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
6.22   +0.03 (0.48%)  6.08 - 6.27  1,936,400
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Overview

Market Cap: 49,760 Million
NOSH: 8,000 Million
Avg Volume (4 weeks):3,710,600
4 Weeks Range:5.26 - 6.47
4 Weeks Price Volatility (%):
79.34%
52 Weeks Range:4.00 - 8.77
52 Weeks Price Volatility (%):
46.54%
Average Price Target: 5.58
Price Target Upside/Downside: -0.64

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2020 [#1]  |  20-May-2020
Next QR | Est. Ann. Date: 30-Jun-2020  |  13-Aug-2020
T4Q P/E | EY: 19.75  |  5.06%
T4Q DY | Payout %: 2.89%  |  57.17%
T4Q NAPS | P/NAPS: 3.8  |  1.64
T4Q NP Margin | ROE: 15.34%  |  8.29%

Headlines

Date Subject
22-May-2020 Petronas Chemicals - Remain Cautious
21-May-2020 Petronas Chemicals- Robust sales volume despite lockdown
21-May-2020 Petronas Chemicals Group Berhad - Battered But With Chance of Recovery
21-May-2020 Mplus Market Pulse - 21 May 2020
21-May-2020 PublicInvest Research Headlines - 21 May 2020
21-May-2020 Petronas Chemicals Group - 1QFY20 In Line; A Better 2H
21-May-2020 Petronas Chemicals Group - Rocky Start to 2020
21-May-2020 Petronas Chemicals Group - Close correlation to precarious oil price
20-May-2020 上升股:国油石化阻力RM6.12
18-May-2020 Malaysia Strategy – Change of Government Unlikely
15-May-2020 Trading Stocks - Petronas Chemicals Group
15-May-2020 Dialog Group Berhad - 3QFY20 Results Within Expectations
14-May-2020 Trading Stocks (mid-day) - Petronas Chemicals Group
12-May-2020 Mplus Market Pulse - 12 May 2020
06-May-2020 Oil & Gas - Is the worst over?
01-May-2020 上升股:国油石化阻力RM5.90
29-Apr-2020 下跌股:国油石化RM4.92支撑
22-Apr-2020 Oil & Gas - They Won’t be Paying You to Pump, for Now.
20-Apr-2020 Oil & Gas - A Cut Is Better Than Sitting Idle
15-Apr-2020 热门股:国油石化上挑RM5.52

Business Background

Petronas Chemicals Group Bhd manufactures and sells a variety of petrochemicals. The firm organizes itself into two segments based on product type: Olefins & Derivatives and Fertilizers & Methanol. The Olefins & Derivatives segment, which generates the majority of revenue, sells chemicals used in the production of acrylic acids, antifreeze, printing ink, dyes, gas treating solvents, personal care products, and plastics used in packaging films, wires, cables, and ducting. The Fertilizers & Methanol segment sells chemicals used in gasoline additives, plastic resins, ammonia, and fertilizers. The majority of revenue comes from Malaysia, China, and Indonesia.
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  8 people like this.
 
mamatede Lctitan Q1 TA, so big loss of revenue there. Pchem so many plants in Malaysia. Wont be as bad as Lctitan.
30/04/2020 2:50 PM
stockraider Just go for Lctitan much better value & higher appreciation opportunity compare to pchem which relatively much more overvalue loh....!!
30/04/2020 2:53 PM
mamatede Is ok I ride with Pchem, never trust Korean company
30/04/2020 4:06 PM
alphajack this rubbish stock deserve RM4.50. Tmr IDSS lifted make sure I short this trash
30/04/2020 6:54 PM
mamatede better go read some news alphajack, that IDSS is delayed till 30 June, and 1st of May is labor day.
30/04/2020 8:11 PM
Lucky81 betulkah? bolehkah?
30/04/2020 9:00 PM
Neut_ron1 highly diversified & multiproducts petrochemical industrial company...if i am correct, pchem mains shareholder is petronas & other substantial shareholders are renowned investment house in Malaysia...can it be compared with lctitan??
30/04/2020 9:47 PM
Lucky81 LCTITAN more powerful, who can beat Titans?
30/04/2020 10:08 PM
simonscs What is the potential for this stock? Anyone
01/05/2020 2:13 PM
mf Wall St slides as Trump warns of new China tariffs
02/05/2020 11:48 AM
EatCoconutCanWin petronas oil inventory no place to put now. over flow until no space to put. no body want to buy. game over.
03/05/2020 3:23 PM
Alibaba008 Can I sell now?
03/05/2020 11:03 PM
stevechua2002 Sold out all. Hopefully got chance to buy it back
04/05/2020 9:29 AM
mamatede Woah oil spike lately. Good. Lately demand for PP is very high due to PPE and stuff.
05/05/2020 10:42 PM
mamatede Collect collect. Lctitan no thank you. closing shop company.
05/05/2020 10:42 PM
dorcaslim87 can i buy now?
06/05/2020 12:24 PM
Erudite i bought tis one & Lctitan beneficiary low oil environment
06/05/2020 1:08 PM
Kopities low oil price is good for refineries business, lower cost for hydrocarbon, PCHEM is a refineries stock. products from the refineries are still needed despite demand of oil to maintain the existing daily user market.
07/05/2020 5:15 PM
tkl88 Wow, Awesome !
Dow Jones closed at = > 24,331.32 (+455.43) (+1.91 %)
09/05/2020 12:40 PM
tkl88 Wow, Fantastic !
Oil price continue to spike up to sky high!

Nymex closed at => $24.62 (+1.07) (+4.54 %)
Brent closed at => $30.88 (+1.42) (+4.82 %)

Huat ah ! Heng ah ! Ong ah !
09/05/2020 12:42 PM
Neut_ron1 in my opinion petronas-linked large cap counter like pchem has the potential to lead the market.. up up the counter go....
14/05/2020 10:19 PM
Philip ( buy what you understand) https://klse.i3investor.com/blogs/phillipinvesting/2020-05-17-story-h1507085013-Sharing_investment_journey_of_Ian_Yoong_HNW_private_equity_investor_and.jsp
17/05/2020 3:00 PM
stockraider I thought sohai Philip also hold more than 50% in oil & gas industry loh.....!!

Serba, Yinson and Pchem all in oil & gas industry loh...!!

Pls don bad mouth others when u r the same mah...!!

Posted by Philip ( buy what you understand) > May 17, 2020 2:57 PM | Report Abuse

Before I forget, or if you didn't listen to the interview, the stocks that Ian Yoong is currently holding right now are O&G stocks and small cap businesses in malaysia. KAB is also one of his holdings.
17/05/2020 3:05 PM
mamatede Woah, long time did not revisit this portfolio... when open back... $$$$
19/05/2020 3:32 PM
mamatede huat ah ... congrats
19/05/2020 3:32 PM
Registered_ID PET Chem is in very good shape. Will this benefit other players in same industry like CCM or LCTITAN? CCM has invested alot in caustic soda and major supplier to glove industry
19/05/2020 3:51 PM
mamatede CCM, some chemicals, LCtitan - PP. Pchem is much much more diverse from PP,PE, fertilizer, chemicals, methanol, speciality chemicals. U say leh.. CCM and lctitan can compare boh? nope.
19/05/2020 8:11 PM
Neut_ron1 Pchem can be placd at the top of all chemical co in Malaysia IMHO. the reasons being products are more diverse from PP, PPE, methanol, speciality products, fertilizer etc. Now the co has pengerang in opeartion JV with foreign country. I also read somewhere it is low gearing & cash flush.. it is top echeleon co in SEA/Asia... share price should move higher & higher.. it is a mtter of time.. read the Annual Report 2019 to see the diverse products Pchem manufacture..Moreover the big shareholders are petronas n GLC if i am not mistaken...
19/05/2020 9:15 PM
mamatede quarter results is out ! improvement in QOQ.. but -40% dropped if compared YOY
20/05/2020 2:52 PM
Chill88 Sold all. Quarterly results trend seems quite bad. Peak in 2018, drop in 2019, probably further drop in 2020.
20/05/2020 3:10 PM
mamatede To see such a resilient results at this trying time, really impressive. @chill88 ya sell, see you later at the top.
20/05/2020 3:18 PM
untong acceptable result, will continue to hold
Few things i noticed in the latest quarter results;
1) their specialty chemicals started to contribute (from Da Vinci) about 5-6% of revenue but contributes about 18% of last year corresponding quarter profit (30% for current quarter), which is very good if they expand more on this segment, much more resilient and high margin than their O&D segment

2) their fertilizer&methanol segment as resilient as usual, lower plant utilization due to higher turnaround, expect better performance next quarter as urea price is higher as of now.

3) their O&D segment barely breakeven this quarter, with 100% plant utilization! the report mentioned about some deferment of shipment due to COVID 19 port control, not sure to what extend it affects the sales volume.

Most petrochemical products price dropped in April but recovered in May, methanol price is bad, Urea price is higher, lets see how it goes next few quarters, but i am hopeful for longer term (3-5 years), if they expand more and more on specialty chemicals, also RAPID commencement.
21/05/2020 12:30 AM
David PetChem’s foray into speciality chemicals is the right move to escape the volatility of crude oil prices. The management guided that speciality chemicals would eventually contribute up to 25% of the group’s earnings in the future. PetChem became my largest holding this year and I will continue to accumulate.
21/05/2020 8:11 AM
Philip ( buy what you understand) I now have a telegram account! my daughter has just set it up for me and its proving to be very useful. Lets chat more there if you are interested, without the insults, backbiting, spam and random talk. Just rational investing.

Lets discuss more and chat more on PCHEM if interested.

>>>>>>>>>>
https://klse.i3investor.com/servlets/pfs/120720.jsp#tabs_group2
21/05/2020 9:53 AM
Neut_ron1 imho a renowned petro chem co with myriad of products... also produce speciality chemicals.. with RAPID what can stop this co... an excellent industrial co...
21/05/2020 12:12 PM
mamatede wah so many sell call, apala...
21/05/2020 2:49 PM
mamatede I donno how this Analyst do their job, with call price around 4.45, 4.42, 5.85, 5.75. All their explanation in on products mainly. Do they even priced in RAPID and also the fundamentally sound business at this trying time? Cash Rich position and also potential of growth.

probably they want to push down to collect before mco lifted and things rebounded, too late la. we buy and keep long term punya, you need to pay a premium to take away from me.
21/05/2020 3:29 PM
Simonalibaba They are called Anal-lyst, they always ask you to buy overvalued stocks like Gloves and underrated value companies like this and LCtitan
21/05/2020 5:10 PM
Neut_ron1 well said, this co is for true investors.... the share will surely rise in tandem with the relaxation of MCO... hold tight to the share ..RAPID project will make this co more valuable....

Posted by Simonalibaba > May 21, 2020 5:10 PM | Report Abuse

They are called Anal-lyst, they always ask you to buy overvalued stocks like Gloves and underrated value companies like this and LCtitan
21/05/2020 6:51 PM
Equityengineer The price goes up even with sell call, that shows investors and even traders are matured.
21/05/2020 6:53 PM
mamatede theres not much surprises already. Quarter is out. The bad part of it is Q1 and the results still pretty solid. For Q2 theres improvement in price thus more or less or better than Q1 results.
21/05/2020 8:27 PM
Neut_ron1 imho this is the kind of counter that foreign investors will consider into their portfolio when economy is opening after MCO. the co has high paid up capital, high cash, low gearing & diversified products. Further it is one of the main components of KLCI like its brothers PETGas & PETDagang..ride on......
21/05/2020 8:33 PM
BlessedInvestor Dear Philip,

Can you kindly post your article of Pchem which you wrote last year, if i can remember correctly. I saw it about a month ago and i bought some pchemical. I cannot find the article as i am still trying to learn more from good i3 smart investors. Usually i buy shares that i can sleep peacefully and i am grad that i managed to buy pchemcal from RM 5.20 till RM 5.5.
21/05/2020 10:37 PM
enigmatic ¯\_(ツ)_/¯ BlessedInvestor,
Were you referring to this?

https://klse.i3investor.com/blogs/philip6/2019-02-14-story-h1457040136-HOW_CALVIN_TAN_CHUN_CHUN_CALL_CONVINCED_ME_TO_SELL_PUBLIC_BANK_FOR_SECR.jsp
21/05/2020 10:44 PM
BlessedInvestor Thank you enigmatic ¯\_(ツ)_/¯ .
21/05/2020 10:54 PM
Stock Wizard ( no sell no loss ) philip your telegram channel is not a group chat one , we cant talk over there
22/05/2020 3:50 PM
hlniojs Q1 results look dire...to the Bulls here, yes PCHEM still managed to turn a profit but we all know the worst of the results is yet to come. I'm on sideline until Q2 results out at least or when price is nearer to NAPS...
22/05/2020 10:26 PM
Philip ( buy what you understand) Hi blessedinvestor, you are also welcome to join my telegram discussion chat on tme/philipcapitalmanagement, I'm moderating it directly to remove trolling, spam and more on sharing info and discussion.
23/05/2020 12:07 PM
Philip ( buy what you understand) Yes, it is the main channel, the is also a group chat function
23/05/2020 12:08 PM
Neut_ron1 fly pchem fly... show your true potential!!
28/05/2020 6:54 PM


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