look at that annoying satu batang at sell queue...so many satu batang queuing... LOL

now is the best chance ever to grab it!

Well said, Jay and as usual, thanks for sharing!

Hi Jay, welcome back!
As per the data, 1Q2017 average brent crude oil price is higher than 4Q2016 if i'm not wrong.

@sumato88, thanks for your response, I appreciated that. Noted on your message above.

@逍遥子, thank you for your comment. Appreciated it.

or by any chance we can know those petrol stations are actually owned by which entity?

@逍遥子, you mentioned above that 200+ petrol station own by Petron Fuel International S/B (PFISB), that's quite a number there, would you mind to share where to get this information from?
If indeed 200+ of petrol stations own by PFISB, means these petrol stations wont be included in PETRONM profit, so it is like left 100+ of petrol stations (also, it would not be good if those good biz in city area (big one) are own by PFISB only) plus its refinery plant only, if based on this mentioned figures it seems to be refinery biz still the major contribution part on their earning.
Those petrol stations biz in klang valley seem to be good but it seems like no point if those petrol stations are belongs to PFISB and the remaining one (rural area or not big city) are left for PETRONM only (i just made assumption, i dont have the actual info yet about this area)
Please help to correct and advice me if my understanding is wrong.
Appreciated that.
Thank you.

go go go rm20

lol I totally forgot about tmr's announcement of petrol price

@ Jay yea so true :) ppl got excited especially those looking for short term gain, but those have already hold it for years one are happy too, but not that excited as some ppl

@Jay, as you mentioned, since the inventory holding is 1 month, can it still greatly benefited from current weekly petrol price announcement?

@Jay, thanks for your comment. Appreciated it.

@Jay, could you comment on inventory turnover part for petron? usually is how long? 1 month? weeks? if compared to petdag

big road block at 6.5... value myr900k

calm your tits down my dear

operators start throwing down again! Run!

sell before too late, especially those buying call warrant one!

sold!

runnnnn

excitement kicks in

@Lee Yih Yeong, yes you are right, better sell before too late...

@Alex Lim Jun Xiong, Petron no more hope, better sell now before it is too late.

@sumato88, thanks for your great sharing. Appreciated that.

@sumato88, human emotion is the most difficult (or near to impossible) to control, but also the most easiest thing to be manipulated with. Be wise.

pls dont be surprise if petron drop even more further that you actually think that is their most bottom point, just be prepared for it :)

buyyyyyy selllllllllll runnnnn jumppppp innnnnn

@Jay, Yes, Sir!

Just being sarcastic to some people only

@Goodstock just kidding :) i'm one of the shareholders holding this stock for around 2 years already i think...

excitement over... time to cut loss and move on....

wa lao why you all buy la.... should sell it now ler before it drops further!!!

sell arrrrrrrrrr

@jay same goes to crude oil brent as well

better sell now before it is too late!

very objective analysis you got there... well done!

maybe will drop below rm6... be prepared for it...

q to buy at 5.5

we will see... this is getting even more interesting now... it is a mixed feeling as it can be view either way be it good or bad...

@suregain, nice one on your purchase at 6.11... u r earning now...

i see chances...

thanks for sharing :)

thanks michael

if one seeking for excitement and fast money, please, this stock is not suitable you, i would suggest you to buy Call Warrant instead

how's the crack spread doing lately? anyone check?

i agree with you tkp2... just chill out guys.... go drink a coffee or tea and surf the net if free... or if discovered any news or research regards to petronm then share it here... cheers... happy investing...

price will not go up until they accumulated enough. Slow and steady. Also, bear in mind that petronm is a very very illiquid stock.

forget about your emotion and just keep holding it... put the focus on other things instead... if want instant and fast return pls go buy CB... ty...

if lets say bet on coming q also good result like previous q or better, so current share price will consider cheap or expensive still? think about it, your call. It seems like some "ppl" are accumulating the share between the price range of 6-6.3, they will "make sure" that the share price will maintain within this range until they accumulated enough to push the price further again... just speculate only...

@probability, i do not have the specific knowledge/information that could specifically tell the contribution between refinery and petrol station (retail & commercial products). Based on the limited information i have, it seems like petronm do not list it out that details about the contribution part. Due to this, personally i cant confirm and confidence with the sustainability of petron PBT. But few positive things for sure which are: 1) stable crude oil price as of now (usd54-56), with opec intention (actions taken gradually) to get the oil price stable which is good for petronm. 2) petronm debt reducing in a very promising way which is a very bright and positive side for the company itself in future. 3) confidence in petronm is growing healthy as we can seen from its sales volume, be it in retail and commercial area...
things like global crude oil and refinery margin it seems like petronm couldnt do much about it but if refer to internally the company itself personally i think they are doing great so far, well at least in a right and promising direction...