KLSE: PCHEM (5183)       PETRONAS CHEMICALS GROUP BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
8.03   -0.01 (0.12%)  7.99 - 8.09  1,387,400
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Market Cap: 64,240 Million
NOSH: 8,000 Million
Avg Volume (4 weeks):3,011,942
4 Weeks Range:7.90 - 8.23
4 Weeks Price Volatility (%):
52 Weeks Range:5.16 - 8.58
52 Weeks Price Volatility (%):
Average Price Target: 8.07
Price Target Upside/Downside: +0.04

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2021 [#1]  |  27-May-2021
Next QR | Est. Ann. Date: 30-Jun-2021  |  19-Aug-2021
T4Q P/E | EY: 24.86  |  4.02%
T4Q DY | Payout %: 1.49%  |  37.15%
T4Q NAPS | P/NAPS: 3.96  |  2.03
T4Q NP Margin | ROE: 16.90%  |  8.16%


Date Subject
21-Jul-2021 PETRONAS Chemicals – Underappreciated Opportunities
02-Jul-2021 Oil & Gas - Near-term Strength in Oil Prices
29-Jun-2021 Trading Stocks - Petronas Chemical Group
21-Jun-2021 [转贴] [Video:浅谈PETRONAS CHEMICALS GROUP BHD, PCHEM, 5183] - James的股票投资James Share Investing
01-Jun-2021 Strategy - Malaysia: Recovery delayed, not derailed
01-Jun-2021 Oil & Gas - Petronas Bounced Back to Profitability
31-May-2021 Malaysia Strategy - Locked Down But Vaccinations Support Recovery Focus
28-May-2021 Petronas Chemicals - Earnings to normalize in 2H21
28-May-2021 Petronas Chemicals - Fairly valued at this juncture
28-May-2021 Petronas Chemicals Group - Superbly Strong 1QFY21
27-May-2021 Petronas Chemicals Group - Higher post-1Q prices support earning momentum
30-Apr-2021 Trading Stocks - Petronas Chemicals
23-Apr-2021 Mplus Market Pulse - 23 Apr 2021
10-Mar-2021 Malaysia Strategy: 4Q20 Not Bad But 2021/22 Growth Pivot Likely
09-Mar-2021 油价涨带动马币马股 国油化学国油贸易最受惠
09-Mar-2021 上升股:国油石化 阻力RM8.88
24-Feb-2021 Petronas Chemicals - Limited upside to rising ASP
24-Feb-2021 Petronas Chemical - A Strong 1Q21 Likely to Ensue, Before Tapering Off
24-Feb-2021 Mplus Market Pulse - 24 Feb 2021
24-Feb-2021 A Stronger Recovery for Petronas Chemicals

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.
Mabel So nice and lovely

Meow Meow Meow
14/12/2020 4:02 PM
mamatede next year Pengerang will start most of its plant
14/12/2020 10:42 PM
Kyypundek Next year 0.02
17/12/2020 3:32 PM
coolvid Run everyone run.... pick up cheap sales glove better...
29/12/2020 4:26 PM
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
STEADYBOMBIBI85 Eurocham: No mention of lockdown after Feb 4 in meeting with Miti

24/01/2021 10:37 PM
dompeilee SOLD the last of my PChem shares bought for 5.15-5.16 back in 2015 this morning @ 7.27
25/01/2021 2:37 PM
MorningGlory123 Allaying lockdown fears, Noor Hisham says MCO will likely end on Feb 4 followed by three-month CMCO (theedgemarkets.com January 25, 2021 23:27 pm +08)

May I know is it considered positive new or negative new ?

26/01/2021 8:35 AM
Bgt 9963 Post removed. Why?
26/01/2021 8:55 AM
me073194 Kawan saya ..afiq ..dia beli pagi tadi
27/01/2021 2:05 PM
James Ng https://klse.i3investor.com/blogs/general/2021-01-31-story-h1540247202.jsp
[转贴] [Video:浅谈PETRONAS CHEMICALS GROUP BHD, PCHEM, 5183] - James的股票投资James Share Investing
31/01/2021 9:01 PM
Mabel https://www.bloomberg.com/news/articles/2021-02-07/stocks-set-for-muted-start-after-hitting-record-markets-wrap

Brent already breaches USD 60.. ALL Mabel Energy Battleships and Super Tankers are ready to launch its Missiles..

Meow Meow Meow
08/02/2021 6:35 PM
Kevin Tam Pchem still posting below average quarterly profit for last 2-3 quarters n wonder HL research keep giving higher target prices for many heavy weight counters in KLCI...The target price of RM7.40 or above 7.20 looks irrational at this point of time ....
17/02/2021 10:38 AM
stockinvestorbest Pchem video analysis

17/02/2021 5:13 PM
Philip ( buy what you understand) In the last year we had covid which hurt projections and sales and the low price of oil which hurt the ASP. As pchem earns a standard fixed margin on their products, as the oil price goes up, their volume also will go up as less dumping will occur.

Since I bought more stock at 4.19 and 5+, the oil price has gone from 20 to 63, the vaccine to covid is going to be implemented soon, pangerang is going to be running full production with new products, and more consumption will happen as people move out of 2 years of hunger.

Stop asking 2-3 quarters figures. The real money will be made when you start thinking about 3-5 years figures.



Kevin Tam Pchem still posting below average quarterly profit for last 2-3 quarters n wonder HL research keep giving higher target prices for many heavy weight counters in KLCI...The target price of RM7.40 or above 7.20 looks irrational at this point of time ....
17/02/2021 10:38 AM
24/02/2021 5:17 AM
mamatede Exxon and Shell in SG is wise to reduce stake. Because Pengerang will be the next big thing in that straits
03/03/2021 3:45 PM
mamatede congrats long term holder. why scare with pchem?
08/03/2021 10:51 AM
Philip ( buy what you understand) Learning how to hold and watch paint dry can be very profitable.

13/03/2021 7:32 AM
James Ng https://klse.i3investor.com/blogs/general/2021-03-13-story-h1542178780.jsp
[转贴] [Video:浅谈PETRONAS CHEMICALS GROUP BHD, PCHEM, 5183] - James的股票投资James Share Investing
13/03/2021 7:00 PM
Diamond7 Oops
Video clip out
Better run!!!
14/03/2021 4:25 PM
Keyman188 Dow futures rise as stocks point to strong open on Monday


U.S. stock futures moved higher in overnight trading and pointed to gains at the open on Monday, continuing last week’s rally that led the Dow and S&P 500 to record highs.

Dow futures rose 120 points. S&P 500 futures gained 0.25% and Nasdaq 100 futures rose 0.2%.

Stocks rose last week with the Dow Jones Industrial Average rising 4% and the S&P 500 gaining 2.6%. The S&P 500 and the Dow both closed at record highs Friday.

The Nasdaq Composite advanced 3% last week, despite a sell-off on Friday spurred by rising interest rates. The jump in bond yields has challenged growth stocks in recent weeks and sent investors into cyclical pockets of the market. The Nasdaq is up less than 1% this month, while the Dow and S&P are up 6% and 3.5%, respectively.

The U.S. 10-year Treasury hit its highest level in more than a year on Friday. The benchmark Treasury note reached 1.642%, its highest level since February 2020.

The small-cap benchmark Russell 2000 surged more than 7% last week as investors rotated into smaller stocks that benefit from a sharp economic comeback.

Last week, investors cheered the $1.9 trillion stimulus package that President Joe Biden signed into law. The IRS started processing $1,400 direct payments on Friday and checks started hitting bank accounts over the weekend. The bill will also put nearly $20 billion into Covid-19 vaccinations and $350 billion into state, local and tribal government relief.

Investors will be gearing up for Tuesday and Wednesday’s Federal Open Market Committee meeting where the Federal Reserve will deliver its decision on interest rates. The bond market in the coming week will likely take its cues from the Federal Reserve.

The central bank is expected to acknowledge much better growth in the economy. Bond pros are also watching to see whether Fed officials will tweak their interest rate outlook, which now does not include any rate hikes through 2023.

Goldman Sachs chief economist David Kostin told clients on Sunday that he expects interest rates to continue to rise in the coming months and investors will have to “continually grapple with the anxiety about economic overheating and Fed tightening.”

On the vaccine front, Biden announced last week that he would direct states to make all adults eligible for the vaccine by May 1. Biden also set a goal for Americans to be able to gather in person with their friends and loved ones in small groups to celebrate the Fourth of July.

## https://www.cnbc.com/2021/03/14/dow-futures-rise-as-stocks-point-to-strong-open-on-monday.html
15/03/2021 8:26 AM
Keyman188 Foresee market continue to surge further...

15/03/2021 8:27 AM
Philip ( buy what you understand) https://www.google.com/amp/s/www.malaymail.com/amp/news/money/2021/02/26/pengerang-integrated-complex-to-start-operations-in-h2-2021-says-petronas/1953201
16/03/2021 3:36 PM
mamatede Stanby for big surge in bottomline with RAPID.
18/03/2021 11:13 AM
mamatede If you ask any people from the downstream industries, ask them selling price. I believe all will tell u price recovered nearly 100% of Covid low.
30/03/2021 12:38 PM
Keyman188 Covid vaccinations hit another record, average now above 3 million daily


~ The U.S. is now administering more than 3 million new Covid vaccine shots daily, based on a seven-day average of CDC data.

~ On Saturday, the public-health agency reported a record 4.1 million new doses were given.

The U.S. reported on Saturday another daily record of new Covid vaccine doses administered, pushing the weekly average of new shots per day above 3 million, according to data compiled by the Centers for Disease Control and Prevention.

The public-health agency on Saturday reported 4.1 million new doses were given, the highest daily mark since the Food and Drug Administration cleared vaccines for emergency use late last year.

About 104.2 million U.S. residents, or 31% of the population, have received at least one vaccine dose, according to the CDC, while 59.9 million people, or 18% of the population, are fully vaccinated. Pfizer and Moderna’s vaccines require two doses for full immunity protection; Johnson & Johnson’s vaccine, which received limited clearance in late February, is a single-shot regime.

Three-quarters of U.S. residents who are age 65 and older have received at least one vaccine dose, CDC data shows, providing crucial protection against the disease to a vulnerable group of Americans. As of March 31, nearly 81% of the country’s Covid deaths have occurred in people age 65 and up.

The rise in daily vaccine doses administered comes as available supply increases and eligibility is expanded across the nation. In states such as Texas, Kansas and Ohio, all residents age 16 and older are now able to get the vaccine.

The vaccine milestone Saturday arrives against a somewhat mixed picture for coronavirus cases and deaths in the past week. The country’s seven-day average of new daily infections sits at 64,617, up 6% compared with a week ago, according to a CNBC analysis of Johns Hopkins University data. Cases are growing in 26 states, plus Washington D.C., CNBC’s analysis shows.

However, the U.S. weekly average of new deaths per day is down 12% to 847.

President Joe Biden has urged the country to continue remaining vigilant around coronavirus spread despite significant progress on the vaccine rollout. “Too many Americans are acting as if this fight is over,” Biden said Friday. “It is not.”

Also on Friday, the CDC said people who have been fully vaccinated against Covid can travel at “low risk to themselves,” while still stressing the need to wear a mask and maintain physical distance.

“We continue to encourage every American to get vaccinated as soon as it’s their turn, so we can begin to safely take steps back to our everyday lives,” CDC Director Dr. Rochelle Walensky said in a statement that accompanied the guidance change. “Vaccines can help us return to the things we love about life, so we encourage every American to get vaccinated as soon as they have the opportunity.”

## https://www.cnbc.com/2021/04/03/covid-vaccinations-hit-another-record-average-now-above-3-million-daily.html
04/04/2021 12:22 PM
Keyman188 New Life...New World...

04/04/2021 12:22 PM
Keyman188 Dow climbs 370 points to close at a record high amid optimism on the economic recovery


U.S. stocks climbed to record highs on Monday as a strong bounce in U.S. job growth and solid data in the services sector raised expectations for a swift economic recovery from the pandemic.

The Dow Jones Industrial Average rose 373.98 points to 33,527.19, a record closing high. The S&P 500 gained 1.4% to 4,077.91, also hitting a new record close. The tech-heavy Nasdaq Composite also climbed 1.7% to 13,705.59.

The Labor Department reported Friday that nonfarm payrolls increased by 916,000 in March, the highest since August 2020, while the unemployment rate fell to 6%. Economists surveyed by Dow Jones were expecting an increase of 675,000 and a jobless rate of 6%.

Meanwhile, a measure of U.S. services industry activity soared to a record high in March. The Institute for Supply Management’s non-manufacturing activity index jumped to a reading of 63.7 last month, the highest level in the survey’s history.

“A ‘Capital V’ recovery that is in the early innings,” said Tony Dwyer, Canaccord Genuity’s chief market strategist. “The only thing that could stand in the way would be another shutdown of the economy to contain new Covid-19 strains or a policy mistake by the Fed. Neither appear imminent.”

Tesla shares popped more than 4% as the electric vehicle company reported production and delivery figures that broadly beat expectations.

GameStop shares cut their double-digit losses and closed down about 2% after the video game retailer said it may sell up to $1 billion worth of stock.

Classic reopening plays like airlines and cruise operators outperformed. Delta Airlines and United jumped more than 2% each, while Carnival and Norwegian Cruise Line gained 4.7% and 7.2%, respectively.

Bond yields, whose sudden advance spooked some investors in recent weeks, continued to ease. The 10-year Treasury yield fell slightly to 1.71% on Monday.

“We expect equities and other risk assets to be supported by the new nominal — a more muted response of government yields to stronger growth and higher inflation than in the past as central banks lean against any sharp yield rises,” Wei Li, global chief investment strategist at BlackRock, said in a note.

The stock market is building on its recent strength after President Joe Biden introduced his multitrillion-dollar infrastructure proposal, which focuses on rebuilding roads, bridges and airports, expanding broadband access and boosting electric vehicle use and updating the country’s electric grid. The plan will be funded partly by a hike in the corporate tax rate to 28%.

Treasury Secretary Janet Yellen on Monday pushed for a global minimum corporate tax in an effort to keep companies from relocating to find lower rates.

However, Biden’s plan faces opposition among Republicans as the $2 trillion plan includes initiatives that they say extend beyond traditional infrastructure issues.

Republican Sen. Roy Blunt of Missouri on Sunday urged the Biden administration to pare back the package to roughly $615 billion and concentrate on physical infrastructure such as roads and airports.

Senate Minority Leader Mitch McConnell, R-Ky., said last week that Biden’s plan would not receive Republican support and vowed to oppose the broader Democratic agenda.

On the pandemic front, the U.S. reported another daily record of new Covid vaccinations Saturday, pushing the weekly average of new shots per day above 3 million.

## https://www.cnbc.com/2021/04/04/stock-market-futures-open-to-close-news.html
06/04/2021 7:32 AM
Keyman188 Really strong recovery road...
06/04/2021 7:32 AM
Keyman188 IMF increases global growth forecast and says a way out of the crisis is ‘increasingly visible’


~ The latest round of fiscal stimulus in the U.S. along with the vaccine rollouts across the world have made the Fund more confident about the global economy this year.

~ The latest forecasts suggest the United States is well placed to experience a solid economic recovery in 2021, in contrast to what’s expected for most of the world, where many economies are likely to take longer to return to their pre-crisis levels.

LONDON — The International Monetary Fund is now expecting a stronger economic recovery in 2021 as Covid-19 vaccine rollouts get underway, but it warns of “daunting challenges” given the different rates of administering shots across the globe.

On Tuesday the group said it expects the world economy to grow by 6% in 2021, up from its 5.5% forecast in January.

Looking further ahead, global GDP (gross domestic product) for 2022 is seen increasing by 4.4%, higher than an earlier estimate of 4.2%.

“Even with high uncertainty about the path of the pandemic, a way out of this health and economic crisis is increasingly visible,” Gita Gopinath, the IMF’s chief economist, said in the latest World Economic Outlook report.

The latest round of fiscal stimulus in the U.S., along with the vaccine rollouts across the world, have made the fund more confident about the global economy this year.

“Nonetheless, the outlook presents daunting challenges related to divergences in the speed of recovery both across and within countries and the potential for persistent economic damage from the crisis,” Gopinath also said.

The IMF estimated a 5.1% GDP rate for advanced economies this year, with the United States growing at a pace of 6.4% in 2021.

Meanwhile, the forecast for emerging and developing economies is 6.7% in 2021, with India expected to grow as much as 12.5%.

“Within-country income inequality will likely increase because young workers and those with relatively lower skills remain more heavily affected in not only advanced but also emerging markets and developing economies,” Gita warned, while also adding that lower levels of female employment is exacerbating disparities too.

As a result, the IMF said that governments should continue to focus on “escaping the crisis” by providing fiscal support, including to their healthcare systems. In a second phase, “policymakers will need to limit long-term economic scarring” from the crisis and boost public investment, for instance.

“Without additional efforts to give all people a fair shot, cross-country gaps in living standards could widen significantly, and decades-long trends of global poverty reduction could reverse,” Gopinath warned.

Recovery in the U.S.

The latest forecasts suggest the United States is well placed to experience a solid economic recovery in 2021, in contrast to what’s expected for most of the world, where many economies are likely to take longer to return to their pre-crisis levels.

The positive assessment for the U.S. is highly driven by President Joe Biden’s $1.9 trillion coronavirus rescue package, which entered into force last month.

As such, unemployment in the United States is expected to fall from 8.1% in 2020 to 5.8% this year and then again to 4.1% in 2022, according to the latest IMF projections.

Back in February, Treasury Secretary Janet Yellen said the U.S. could return to full employment in 2022. “There’s absolutely no reason why we should suffer through a long slow recovery,” she told CNN at the time.

The IMF’s latest forecasts confirm that the U.S. is on track to not only return but surpass its pre-Covid levels this year.

“Among advanced economies, the United States is expected to surpass its pre-Covid GDP level this year, while many others in the group will return to their pre-COVID levels only in 2022,” Gita said.

## https://www.cnbc.com/2021/04/06/imf-world-economic-outlook-april-2021-global-gdp-to-hit-6percent.html
06/04/2021 8:47 PM
Keyman188 Global economy driven by US & China upcoming...
06/04/2021 8:47 PM
ratz Lotte’s record qtrly profit today is driving PetChem share price
28/04/2021 3:17 PM
mamatede https://www.investing.com/news/commodities-news/exxon-posts-first-profit-in-five-quarters-on-higher-oil-prices-2491233

Big margin for petrochemicals...
01/05/2021 1:01 AM
Mabel New World

Same old Keyman..

27/05/2021 6:48 AM
wkc5657 Wah.....result terror!
27/05/2021 1:41 PM
deric5721 fly to the moon later
27/05/2021 1:42 PM
Jokers2020 wow excellent qtr result
27/05/2021 2:33 PM
Pang good result, bravo management
27/05/2021 3:42 PM
brian3381 buy in....
27/05/2021 3:46 PM
mamatede very good results. more big addition to bottom line when pengerang starts.
27/05/2021 4:29 PM
Fabien _the efficient capital allocator AmInvest so bullish tp10.60 on my long term holding!
27/05/2021 8:22 PM
unicornbird mmatede is Shell & exxon competing directly with Pchem? What advantage does Pchem has over them?
30/05/2021 2:09 PM
brian3381 Steady
31/05/2021 6:36 PM
Fabien _the efficient capital allocator Brent crude at $71/bbl

Hedge your bets against i) rising inflationary pressures, ii) US dollar weakness (due to widening deficits and non-stop money printing. just take a look at Biden's budget proposal. the excess money supply is mind-blowing!)
02/06/2021 7:41 PM
mamatede shell and exxon both have downstreams business. but nearest to pengerang is at bukom singapore. old plants
02/06/2021 11:30 PM
paperplane pchem result so superb, lctitan also not to miss.
10/06/2021 1:33 PM
mamatede Good pattern for Pchem, really to move higher. 2 catalyst. Recovered oil price, second Pengerang operating this 2Q2021... expect very significant boost in bottomline Q42021 onwards
16/06/2021 1:10 PM
James Ng https://klse.i3investor.com/blogs/general/2021-06-21-story-h1566966999.jsp
[转贴] [Video:浅谈PETRONAS CHEMICALS GROUP BHD, PCHEM, 5183] - James的股票投资James Share Investing
21/06/2021 8:13 PM
wallstreetrookie Monday's recovery trade ended Dow Jones's five consecutive days of losses
22/06/2021 5:02 AM
mamatede Their Pengerang RAPID is starting full production soon. And with higher USD forex trend due to coming hike in interest rate. We are going to see bountiful boost in bottomline for Pchem...
28/07/2021 2:44 PM

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