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Overview
Financial Highlight
HeadlinesBusiness 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.
  hng33 Pchemcial is good proxy for Petronas, benefited from recovery in crude oil. Strong balance sheet with net cash position + dividend policy 55% offer limited downside risk. 02/09/2020 10:19 AM financesharinghomie bought some at 5.50, but i think it will still fall until year end. maybe can average down if it reaches below 5 02/09/2020 4:38 PM Black Swan Antifragile PCHEM is my largest holding. One for the long term, easily looking at 10 years down the road. If it drops more, won't hesitate to add further. Buy when no one wants it. 03/09/2020 9:03 PM Jeffreyteck Mof... petronas profit is dependent on oil price.... like that everyone can be the ceo and bod? Lol 07/09/2020 8:48 AM  Mabel Today all sectors are down... All having a period like me :( Soon when my period subside all of them will turn GREEN..all of them Meow Meow Meow 10/09/2020 12:04 AM aezrin aduuh... i thought just a short stint yesterday so i sold this morning. Oh well at least i dint sell at lost 06/10/2020 10:07 AM Mabel Oil and Gas Prices The U.S. Energy Information Administration (EIA) provides an outlook on oil and gas prices from 2020 to 2050. It predicts crude oil prices will average $44 a barrel in the fourth quarter of 2020 and $49/b in 2021 for Brent Meow 06/10/2020 7:03 PM Mabel Oil prices are on course to climb 10 percent this week as Hurricane Delta shuts in over 90 percent of production in the Gulf of Mexico, leading some analysts to claim prices are set for a breakout. Brent is now on target -USD 43.33 Meow 10/10/2020 11:31 AM  Choivo Capital I do wonder why pchem is not increasing as well, give that is a great business, and should post much better numbers this Q due to higher plastic prices. 19/10/2020 10:07 AM Devilsadvocatee @Choivo It has gone up a little recently but unfortunately, Pengerang IC which will utilize Naphtha feedstock is not ready atm.. Natural Gas might not have the wide price spread as Naphtha -> PE/PP? 19/10/2020 12:52 PM Choivo Capital they signed the natural gas contract a long time ago, and its fixed at a low price. So it should be pretty good also. 20/10/2020 5:40 PM  James Ng https://klse.i3investor.com/blogs/general/2020-11-10-story-h1535722101.jsp [转贴] [Video:浅谈PETRONAS CHEMICALS GROUP BHD, PCHEM, 5183] - James的股票投资James Share Investing 10/11/2020 7:58 PM tkl88 Wow, oil price continue to spike up ! As at 1.20am, Nymex=> $41.29 (+1.00) (+2.48 %) Brent => $43.44 (+1.04) (+2.45 %) Huat ah ! Heng ah ! Ong ah ! 11/11/2020 1:37 AM tkl88 Walaoeh, Dow Jones continue it’s bull run ! Dow Jones closed at=> 29,420.92 (+262.95) (+0.90 %) ! Huat ah ! Heng ah ! Ong ah ! 11/11/2020 8:11 AM tkl88 Oil price continue to spike up like mad ! As at 7.02pm, Nymex=> $42.89 (+1.53) (+3.70 %) Brent => $45.16 (+1.55) (+3.55 %) Huat ah ! Heng ah ! Ong ah ! 11/11/2020 7:23 PM furball Wonder about the investors here... how big is your portfolio? I am just a newbie.... starting small. Happy to learn from the seasoned investors. Tq in advance for your kind help. 11/11/2020 10:44 PM  Petronas Resources, however hard they try, Will always be big. Are you upset by how gargantuan they are? Does it tear you apart to see the resources so giant? 16/11/2020 10:10 AM tkl88 Dow Jones continue to spike up like mad ! Dow Jones closed at=>29,950.44 (+470.63) (+1.60 %) Huat ah ! Heng ah ! Ong ah ! 17/11/2020 7:55 AM tkl88 Malaysia in deal with China for Covid-19 vaccine development PUBLISHED : 18 NOV 2020 AT 19:40 WRITER: REUTERS https://www.bangkokpost.com/world/2021843/malaysia-in-deal-with-china-for-covid-19-vaccine-development KUALA LUMPUR: Malaysia said on Wednesday it has signed an agreement with China to cooperate on the development of a safe and efficacious vaccine, as part of efforts to combat the Covid-19 pandemic. Under the agreement, in force for an initial period of five years, the Southeast Asian nation will be given priority access to Covid-19 vaccines developed by China. Both will share knowledge and expertise and facilitate scientific and technological capabilities to advance vaccine development in their countries, Malaysia said in a joint ministerial statement. Science, Technology and Innovation Minister Khairy Jamaluddin signed the agreement with his Chinese counterpart Wang Zhigang in a virtual ceremony. Cooperation between Malaysia and China under the agreement would be supervised by a committee chaired by the foreign affairs ministers of both countries that was formed in October to address post-pandemic challenges. "Both countries will also support the participation of their public and private sectors including universities, institutions, societies and organisations in joint collaborative projects," the Malaysian ministries said. 20/11/2020 8:09 AM tkl88 Khairy: Malaysia to pay RM94mil upfront for vaccine under Covax plan * NATION * Thursday, 19 Nov 2020 10:53 AM MYT By MARTIN CARVALHO, RAHIMY RAHIM and TARRENCE TAN https://www.thestar.com.my/news/nation/2020/11/19/khairy-malaysia-to-pay-upfront-rm94mil-for-vaccine-under-covax-plan 20/11/2020 8:41 AM Yogibear126 Report down this whole year but stock price up ?? I dont understand .. what is the reason ?? 20/11/2020 5:48 PM OldWiseMan100 Will the market crash if budget 2021 cannot be passed this coming Thursday (26/10/2020)? These are the 4 possible scenarios: 1. Parliament will be dissolved and a snap election will be called 2. A state of Emergency in the whole country will be declared by YDPA 3. Muhyiddin will resign and YDPA will appoint an interim PM 4. YDPA will appoint a new PM who has majority MPs support. A new budget 2021 also will be tabled by the new appointed PM. Will the market go down? Will it crash? Take profit now or wait? 21/11/2020 1:39 PM tkl88 Wow, oil price continue it’s bull run ! As at 12.30am, Nymex=> $42.85 (+0.43) (+1.01 %) Brent => $45.80 (+0.73) (+1.62 %) Huat ah ! Heng ah ! Ong ah ! 24/11/2020 2:33 AM tkl88 Wow, oil price continue to spike up like mad ! As at 1.25am, Nymex=> $44.95 (+1.89) (+4.39 percent) Brent=> $47.77 (+1.73) (+3.76 percent) 25/11/2020 7:00 AM tkl88 Walaoeh, Dow Jones continue it’s bull run ! Dow Jones closed at=> 30,046.24 (+454.97) (+1.54 %) ! Huat ah ! Heng ah ! Ong ah ! 25/11/2020 7:25 AM BATFLY Why pchem drop 44 cents? Any reason? Strong counter.. Waiting to buy back below rm6.. Ha Ha.. Third round.. 30/11/2020 7:49 PM terence775 You can hope but unlikely to get. Drop simply because of rebalancing of portfolio by the passive index funds. 01/12/2020 11:18 AM Mabel Brent will breaches USD 50 soon. Looks like there going to be a lot of Fires in the Skies coming from 11 Mabel Energy Battleships and Super Tankers .. Meow Meow Meow 04/12/2020 10:08 AM coolvid https://www.freemalaysiatoday.com/category/world/2020/12/29/beijing-locks-down-for-first-time-since-june-in-covid-fight/?fbclid=IwAR2PLbYFaA8HqyJPToH8f7bp4wGiDwoO45a-GFbRICg1CW5_0kE_B_u_9ao 29/12/2020 10:23 PM  | |
