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OverviewFinancial Highlight
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Business Background Petronas Gas Bhd is a Malaysian gas infrastructure and utilities company of which Malaysia’s nationalized oil corporation, PETRONAS, holds a majority interest. Petronas Gas segments its primary operations into Gas Processing, Gas Transportation, Utilities, and Regasification businesses. While each of these contributes significantly to the company’s total revenue, its Gas Processing and Gas Transportation units combine to generate the majority. In Gas Processing, Petronas Gas receives processing fees under multi-year contracts by processing natural gas piped offshore for its parent company, PETRONAS. The Gas Transportation business encompasses the transmission of offshore natural gas through pipelines to customers in Malaysia and Singapore under multi-year agreements with PETRONAS.
![]() tkl88 Wow, Amazing ! Oil price continue to spike up ! Brent=> $45.87 (+0.27) (+0.59 %) ! 29/08/2020 8:01 AM Sami_Value Petgas also defensive & dividend yield play but the setback was there is no strong growth catalyst foreseable 10/09/2020 3:23 PM Keyman188 What happening today !!!...... Why Bluechip become RedChip....kekeke...... Why Bluechip become Blue-Shit......kekeke...... Time to wake up lorr.... No more traditional bluechip liao...... No matter local or foreign institutions....all swift their funds to more defensive stocks not affected by pandemic & political uncertainty... Wake up lorrr............ 22/10/2020 10:55 AM Keyman188 别人笑我太疯癫 我笑他人看不出穿 People laugh at me too crazy I laugh at others can’t see thoroughly kekeke...kekeke...kekeke... 22/10/2020 11:31 AM Keyman188 Keyman188 doesn't care other previews....... Tomorrow onward all in valuable & fundamentals stocks..... CHEERS......... 09/11/2020 9:39 PM tkl88 Wow, oil price continue to spike up ! As at 1.20am, Nymex=> $41.29 (+1.00) (+2.48 percent) Brent => $43.44 (+1.04) (+2.45 perceng Huat ah ! Heng ah ! Ong ah ! 11/11/2020 1:41 AM tkl88 Walaoeh, Dow Jones continue it’s bull run ! Dow Jones closed at=> 29,420.92 (+262.95) (+0.90 percent) ! Huat ah ! Heng ah ! Ong ah ! 11/11/2020 8:12 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 7:25 PM 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 7:56 AM ABSBOSS https://www.theedgemarkets.com/article/petronas-gas-3q-net-profit-rm591m-rm432m-year-earlier?type=malaysia 19/11/2020 1:51 PM blistering no people chase higher prices lei...you guys always shout Petgas down...why leii?? you need to buy at higher prices to goreng it higher laa aduhhh 19/11/2020 11:56 PM 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 20/11/2020 8:11 AM tkl88 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 8:11 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 8:42 AM 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 BatteriesNotIncluded Price correction coming as shown in TA chart. RSI at 80% all time high. MACD all time high and about to cross like previous crossing. Volume down 22/11/2020 2:02 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 %) Brent=> $47.77 (+1.73) (+3.76 %) 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 percent) ! Huat ah ! Heng ah ! Ong ah ! 25/11/2020 7:25 AM Zuliana Fitch downgrades Malaysia’s sovereign rating to BBB+, the first downgrade since Asian Financial Crisis Wong Ee Lin/ theedgemarkets.com December 04, 2020 KUALA LUMPUR (Dec 4): Fitch Ratings has downgraded Malaysia's long-term foreign-currency issuer default rating (IDR) to 'BBB+' from 'A-', with a stable outlook. The downgrade marks the ratings agency's first for the country since the 1997/98 Asian Financial Crisis. The depth and duration of the Covid-19 crisis have weakened several of Malaysia's key credit metrics, said Fitch Ratings in a statement today. The pandemic's impact on the Malaysian economy has been substantial and has added to the country's fiscal burden, which was already high, relative to peers going into the health crisis, Fitch said. 06/12/2020 12:44 PM irwan Blast-rocked Petronas' South African oil refinery shut down for investigations 06/12/2020 4:41 PM irwan South Africa's second-largest crude oil refinery, the Engen plant in Durban, has been shut down to allow investigators a chance to find out the cause of a "fire incident" earlier on Friday, Engen said.Engen, which operates the 120,000 barrel per day plant and is majority owned by Malaysia's Petronas, said a fire broke out at around 0510 GMT and was extinguished by 0645 GMT.Engen is currently assessing its overall bulk fuels supply and demand position and implementing immediate mitigations to manage inventory and product supply requirements," Engen said in an update. 06/12/2020 4:41 PM irwan Local emergency services said seven people were injured, although Engen said no injuries were recorded and all refinery personnel were accounted for."I saw a massive fireball at the centre of the refinery with thick black smoke billowing from it," Durban resident Shane Lloyd Pretorius told Reuters.Engen said in a statement that the cause of the fire was under investigation.A Reuters witness at the scene saw several fire engines spraying foam onto the affected part of the refinery, as well as ambulances, metropolitan police and national police standing by.Africa's most industrialised economy has six refineries, four using crude oil and two synthetic fuel as feedstock. It is a net importer of petroleum products. 06/12/2020 4:42 PM irwan The country's third-biggest crude oil refinery, a 100,000 bpd facility operated by Astron Energy in Cape Town, also suffered an explosion earlier this year.Top refinery SAPREF, which is also located in Durban and is a joint venture between BP and Shell, said the incident at Engen's facility had no impact on its operations.The Engen Refinery and SAPREF form part of a major petrochemical hub on the east coast close to Durban's port. 06/12/2020 4:42 PM ethan added PetGas with average price of RM16.98 for my portfolio. Right now, it is about 50% of the portfolio 05/01/2021 5:27 PM ![]() ![]() | |