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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.
  Outliar On the group’s prospects, Sazali says the performance for 2020 will be about the same was 2019. If luck is on their side, it will be better. Read more at https://www.thestar.com.my/business/business-news/2019/12/07/petchem-ready-to-get-back-into-the-game#Ifz1ddgiKR40yM12.99 10/12/2019 10:07 AM RainT calvin teng can u please go away dont pollute this PCHEM forum with rubbish 10/12/2019 2:58 PM  AlgoQuant Perhaps the growth investors in this forum would like to look at a takaful insurance co that is experiencing an inflection point and a structural shift to islamic insurance.. Net profit grew by CAGR 25% over the last 10 years from 38mil (2009) to 380m (T4Q), increasing even through the global financial crisis and recession, with a still low takaful penetration of 16% (overall insurance penetration rate of only 50% with takaful growing much faster than conventional) that is currently trading at a PE 12.7x / P/BV 3.6x (historical P/BV 6.x) (AlgoQuant) A Takaful Titan & Analysis of Listed Insurance Companies (TAKAFUL) https://klse.i3investor.com/blogs/AlgoQuant/243164.jsp 10/12/2019 3:04 PM  calvintaneng From Padini (reposting) ALREADY WARNED YOU GUYS THAT THE FIRST CASUALTY OF THE GREAT DEPRESSION (1929 -1939) WAS MEN'S CLOTHES AFTER PH GOVT CAME INTO POWER MANY BUSINESSES HAVE DROPPED BY 20% TO 30% (EXACERBATED BY USA CHINA TRADE WAR) PADINI ALSO FACE HIGH COST OF MORE EXPENSIVE POLYMER (FOR MAKING CLOTHES) AS BRENT CRUDE HAS SURGED TO USD65 PER BARREL AND RINGGIT ALSO CRASHED AGAINST USD COMPOUNDED THE HIGHER COST PADINI GOING TO BREAK RM3.00 DLADY WILL BREAK RM50 SUPPORT PET CHEMICAL WILL BREAK THE RM7 SUPPORT ALL FALL DOWN! THEN WHAT TO BUY? OGSE BULL RUN AT TAIL END DAYANG, PENERGY, CARIMIN & OTHERS UP TOO HIGH TO CHASE NOW CAN STILL BUY THESE LAGGARDS OGSE T7 GLOBAL, DESTINI, SCOMIES & AZRB OR BUY THESE ONES WITH POWERFUL KEYNESIAN GOVT SPENDING FOR NFCP INFRAR OPCOM REDTONE NETX CMSB BINACOM FINAL DECISION IS YOURS REGARDS CALVIN CALVIN BOUGHT PADINI TWICE LAST WAS RM1.60 & SOLD ALREADY 13/12/2019 12:14 AM  Philip (Can I advise you?) I bought tons at 6.60 and averaged down, now price of pchem is RM6.83, I didnt sell a single share, did you? So if didnt sell a single share the share price now go up to RM7.24, your point is? >>>>> calvintaneng Posted by (HK1997 again) Philip > Sep 5, 2019 12:06 AM | Report Abuse Pchem collapsing? Don't make me laugh. 50 billion dollar company with 4.3 billion in revenue and 1.1 billion in profit AFTER TAX and a horde of cash behind it. I am just enjoying collecting my 11 +18 cents dividend since February when I started buying at 8.15 collecting my 11 +18 cents dividend SO? COST OF PURCHASE Rm8.15 Less 29 sen dividend = Rm7.86 Price now Rm6.83 SO REAL LOST OF Rm1.03 PER SHARE IS THIS PHILIP IN HIS RIGHT MIND? YOU BETTER DON'T LEAD SORCHAI TO HOLLAND HOR! 05/09/2019 12:14 AM 09/12/2019 11:14 PM 16/12/2019 5:20 PM PotentialGhost Philip how can you bought at 6.60? Price never reach 6.60 , 3year bottom is 6.75. 20/12/2019 9:49 AM Philip (Can I advise you?) It actually trade at 6.53 at the lowest end, please check the daily data from your IB. Not from i3 please. 20/12/2019 5:24 PM Philip (Can I advise you?) I think i3 records the average point or the highest point sold daily. 20/12/2019 5:29 PM Philip (Can I advise you?) You can check online portfolio at any point of time to see if I do window dressing. So far I think I'm one of the few ones who keep an active online portfolio that shows all my purchases. 20/12/2019 5:31 PM Philip (Can I advise you?) https://klse.i3investor.com/servlets/pfs/120720.jsp#tabs_group2 You can check all my total transactions for Pchem here. 20/12/2019 6:03 PM Philip (Can I advise you?) Why U-turn? It s already on a multi year low before. Next year IPIC completion, tenfold production. Oil prices can only go up as artificial shortage is orchestrated by OPEC. As prices to up, selling costs for Pchem will increase, while they maintained their standard 25% net margins. It's one of the few companies in Bursa where I can predict long term growth in revenues and earnings, while I enjoy big fat dividends that will keep increasing as time passes. 21/12/2019 7:51 AM calvintaneng THE BIGGEST LIARS & ACCUSERS IN I3 FORUM ARE PHILIP GRETA & 3III (PLEASE BE WARNED!!) Author: calvintaneng | Publish date: Tue, 31 Dec 2019, 12:09 AM https://klse.i3investor.com/servlets/forum/600253471.jsp 31/12/2019 12:23 AM jjohnchew Ho ho cal... vin.. u said on cruise ship to Thailand n Cambodia.. tv8 news that a cruise ship is collided near koh sumai.. U wrote u r near koh sumai.. when asked u..u said no collision.then said is at the Phuket one.. who lie... 31/12/2019 9:27 AM  YAPSS YAPSS Quick Summary and Free 10 Years Financial Data of Petronas Chemicals Group Berhad: https://www.yapss.com/forum/klse-forum/petronas-chemicals-group-berhad-pchem-5183 02/01/2020 1:38 AM  Choivo Capital I thought RAPID Pengerang is supposed to start by Q4? Seems quiet, any news? 03/01/2020 12:50 AM  Joon Chan I hear by hook or by cook, aramco will start sending in tankers in qtr1 - must be processed. 03/01/2020 1:22 AM Philip (Can I advise you?) Why be worried? When it happens it happens. If not q4 the 2020. The structure is already complete, Aramco has already started the charters to deliver oil to PIC. When the revenue starts coming in, the discount year will be ongoing. One thing it will never be is another lctitan. The production costs are too lucrative with such a large centralised production and refining center, the cash hoard too big for them to cut corners and be cheap, and the addressable market is too large to be ignored. In investing patience is all that is needed. 04/01/2020 7:03 PM calvintaneng So stupid Brent crude over Usd71 will cause feedstock to go up in prices. Us manufacturing is contracting as well as Spore in 8 months contractions. Who will buy surplus pchemical products as sales down and costs up? Padini also suffering as polymer prices spiked up. Better sell and buy Nfcp fiberisation stocks to recoup losses 06/01/2020 6:04 PM Philip (Can I advise you?) Netx not in ncfp1 fiberisation application licensee list sorry. So you are wasting my time with your incessant promotion. On theb other hand higher feedstock prices leads to higher product seeking prices meaning increased revenue and earnings. Go see past results and tell me I am wrong. More importantly PIC softstart starting this year q1. If all goes well and no production issues, full ramp up by end of the year. Increase 3.3 mpta, and new products from da Vinci acquisition will show multi year increase in profits and revenue in the years to come. Too bad Calvin always stays too long and leaves just when stocks are reaping the rewards from their investments. He left carimin long before it went limit up. He says so himself. He was embarrassed by investors in jayatiasa for claiming results which he did not even take advantage of: /12/2019 9:04 AM Tom I remember few weeks ago calvintanend said sell into strength, now he says 1.00 Chun Chun....lol what a nasty liar If he knows 1.00 Chun Chun, then why he ask ppl "sell into strength"(his so called sell into strength) See the logic? Lol === Posted by calvintaneng > Dec 11, 2019 1:42 PM | Report Abuse Excellent rise Jaya tiasa or Giant Treasure Clap Clap Clap Time to sell into strength and switch to Nfcp bull run stocks like Netx, Opcom, Redtone and sacofa(cmsb) 27/12/2019 10:25 AM calvintaneng Oh yes I made a wrong sell call on jtiasa Good for you guys still holding So embarrassing always change story especially when his lies get caught. If he stays put longer instead of promoting this and that every day he might actually make more money. As to his real returns? You know I know la. 06/01/2020 7:26 PM calvintaneng Nothing wrong as Calvin bought Netx at 1 sen Now Netx at 2 sen already up 100% and still moving up 06/01/2020 7:35 PM jjohnchew Calv.. why tell lie abt yr cruise ship tour n use it to promote netx..saying malaysia 2G ...Singapore 7G lah... U posted cruise ship is near koh samui...tv8 news said a cruise ship is collided near koh samui..a US tourist is interviewed..no casualties... When ask calv...is it collided..he said no collision...then he said is the one in phuket...just tell lie to blow to promote ... 06/01/2020 8:15 PM calvintaneng Jjohnchew is another frivolous liar and time waster. Got caught in stupid Zelan the insolvent stock 06/01/2020 9:58 PM jjohnchew Ho ho calv.... as said u r welcome to post opposite views in Zelan...it is so easy to defend if it is true facts comments... not like u so scare of opposite facts views.. 07/01/2020 12:29 AM Cindy87 To sifu here, property bought at desaru due to rapid development still can keep? 11/01/2020 6:53 PM Joon Chan hor hor.. who is buying everyone out at 7.06 ahhh why yall keep selling so cheap! 15/01/2020 3:07 PM Joon Chan wish got like a chat function on market depth. can say, oi! dumbo, got more than 40k lots in Q, now alone u can see 5k to 1k lots! why u trigger happy sell so cheap for what 15/01/2020 3:10 PM pohmun pls give constructive view and dont argue here. dont waste everyone time. we are more interested in share price. not your great grand story. 16/01/2020 2:48 PM RainT will PCHEM incur high depreciation in start of RAPID? Will there be high one off expenses due to RAPID? In the 1st few quarters of RAPID come to full operations 20/01/2020 10:24 AM Titan China banning single-use plastic......guess this will somehow affect a part of PCHEM revenue. 22/01/2020 11:11 AM  enigmatic ¯\_(ツ)_/¯ Isn't it a good thing to be able to acquire extra PCHEM at low prices for the long term? But I do think in near term, things aren't looking that good until & unless next QR posts a better performance, indicating Pengerang's positive effect taking place. I suppose traders could take this opportunity as well to hit and run, assuming PCHEM returns to RM7.00+ soon. 22/01/2020 5:27 PM Choivo Capital Until today, i still don't know why i bought a small position in PCHEM. Its not horrible, but there is so many better ones. 23/01/2020 1:20 AM  |
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