Im not worried

Noticed the buying and selling q are so active in this quiet mkt which is usually not the case. Moreover, volume done is also low.

The activities are so fake to me. So hold on tight to your shares tight, cheers !

Jon Choivo, pls share your experience and insight in this forum with us. Appreciate it.

My hands are tight la..................how ?? Hahahahah

Dont let the cooked duck fly away, hold tight all.

Remember MSCI starts covering Petronm wef 30 Nov 2017

And basically, another KESM and Ajinomoto in the making !!!!!!!!!!!!!!!!!

So easily to climb up above 12. Reason being tightly held like Ajinomoto and KESM which have same traits

Dont worry, Petronm is the next KESM and Ajinomoto !

Another KESM in the making, just need patience and good holding power

We have seen these kinds of sell down so many rounds before super good results, stand firm with your tickets and dont panic. Or else you will be eaten up so easily for a stock now tightly held by many.

thenewbee, agreed with your input and sharing

Yes, hold tight until super result in 1Q 2018

The result infers that Petronm which has no scheduled maintenance should contribute most of the sales given the scenario.

Will add more as very confident in the company extraordinary performance

Bro, Petron went up faster la. Look at the gap, almost RM3/= as compared to about RM1/= months ago

Wow Petronm, those sold earlier all bang the walls or balls..............lol

Hello, it's my horse too................lol

Preparing to enter more here

He can wait long long..............................hehehe

No worries, Petronm already up so many rounds till this level as compared to others. Let it take a short rest before sky rocketing again

sifu aseng must have been conned kaw kaw by China women when he dint know what do to with a lot of cash

Ya halite, pls quickly share

Standingby to catch low

See how the big guys sapu the q just now at 10.07 am. Funds buying more or less in and confirmed.

But, pls be reminded this is just the beginning of a great show

Switching my holdings to Petronm
-------------------------------------------------------------------------------------------------------------------------------
Extract of Analyst Report from RHB

Petron Malaysia

Fuel Happy

We initiate coverage on Petron with a BUY recommendation. Our TP of MYR16.20 (60% upside) is based on a 12.5x FY18 P/E. The company owns over 580 service stations nationwide, distributing gasoline, diesel and LPG products. Petron also owns an 88,000bpd refinery in Port Dickson, Malaysia with a Nelson Complexity Index of 3. We believe the refinery would provide the company with a competitive advantage, thereby enabling it to take advantage of refined product spreads.

Third largest retail station operator in Malaysia. Petron Malaysia (Petron), a major fuel retail distributor in Malaysia, has the third largest market share in the country behind Shell and Petronas Dagangan (PETD MK, NR). It owns over 580 service stations nationwide, distributing gasoline, diesel and LPG products.

Besides retail marketing, the company also owns an 88,000bpd refinery located in Port Dickson, Malaysia with a Nelson Complexity Index of 3. The refinery is capable of producing gasoline, diesel, liquefied petroleum gas (LPG), kerosene and low sulphur waxy residue (LWSR). The refinery has an average utilisation rate of c.50% due to the unfavourable economics of LSWR which, in turn is due to its low complexity rate. The company is 73.4%-owned by Petron Corp, the largest oil refining and marketing company in the Philippines.

The refinery could provide alpha. Its retail fuel segment plays a volume game, ie the more retail stations imply a higher volume. As such, we expect its retail volume to grow by c.4% each year, driven by the opening of new stations. Our base case scenario assumes Petron would open 15 new stations every year. Its commercial fuel segment earnings are driven by spreads for naphtha, kerosene and LSWR. We expect spreads for naphtha and kerosene to range between USD2-7/bbl for the long term. As such, we believe the commercial fuel would provide the company with a higher earnings growth potential, compared to that of its peers.

Healthy balance sheet. As of 1H17, it is a net cash company; we expect Petron to end FY17F in a net cash position. Total borrowings are at MYR66.4m, while its cash position is at MYR156m. This is comparable to the situation at the end-FY16, when it was in a net debt position of MYR136m. Net cash from operations and free cash flow has been on an increasing trend, attributed to better cost management as well as the asset performance mechanism (APM), which transmits changes in oil prices to retail fuel prices.

BUY. We initiate coverage on Petron with a BUY recommendation, supported by a TP of MYR16.20. We arrive at our TP by pegging a 12.5x P/E to FY18F EPS of MYR1.30. As a comparison, Petronas Dagangan is trading at 24.6x P/E for FY18, at a 70% premium to Petron. We like Petron as we believe its retail fuel segment would provide a stable base of earnings due to the APM mechanism, while its commercial fuel segment would provide an earnings boost, an advantage the company holds over its peers due to its refinery.

No wonder buying volume in the q getting more brave last few days, that may mean institute funds are watching or collecting

Mr Ooi, tqvm for this sharing.

Catch CE and CF lah, issued today lor

Aseng is also very good

Sudah mari lor

RM12 is the price within easy reach.

Mr Ooi, thank you again for your support and sharing.

Mr Ooi, did you also recommend Petronm during your 3 previews ??

So, must hold real tight until November.

Tommorrow 10.50 ??

Hold tight tight, otherwise regret deep deep

OMG, anyway all are welcome.........go go go !

Blue, u r right !

pang72, I only have multimillion 'hair'......lol

秦梦瑶大娘、让我坦白告訴妳吧我們这年紀現在也算已赚二亿的富翁了：“一個失忆，一個回忆”。

Posted by 秦梦瑶 > Sep 7, 2017 10:35 PM | Report Abuse

阴魂不散，真去到十五块你能赚多少个亿?

Bye bye WaAdaLui

别让手上煮熟的鸭飞远了

Petronm 几乎成为非卖品了...........加油!!!!

KYY is coming or not ?

Saw the sellers queing at 9.35 running away...............no balls !

Look at Petronm la

Wow, why why flying so fast ?? Need to buy ma, so high how to chase leh.

But, I feel it will go above 11 soon

Whatever OBV it is, Im holding tight to the stock since more are jumping or waiting to enter.

Thank you Mr Ooi for your prompt response. Love ya

Posted by Ooi Teik Bee > Aug 29, 2017 07:14 PM | Report Abuse

Dear UncleMau,

I just bought Petronm on last Friday only after I digested the quarter result released.

Thank you.
Ooi

Ooi Teik Bee Dear UncleMau,

I just bought Petronm on last Friday only after I digested the quarter result released.

Thank you.
Ooi
29/08/2017 19:14

Mr Ooi, hope you could respond to my message to you this morning. Many thanks in advance for being kind and honest.

Posted by UncleMau > Aug 29, 2017 10:58 AM | Report Abuse

Mr Ooi TB,

Good Morning, mind sharing if you just entered Petronm this year or last year ?

Mr Ooi TB,

Good Morning, mind sharing if you just entered Petronm this year or last year ?

Will monitor the price movement closely to prepare for scooping on lower entry point.

Mr Ooi, thank you for sharing the information.

Glad that you could finally join us here. Wishing you make big gains here as general TP is between 12.50 and 15.

The TP is not difficult to achieve at all. We just need strong holding power and a little patience.

Money wise, most of us here are cash flush with high spirit to continue accumulating should price make some necessary corrections as always the case.

Why ? Because the company is very good at consistently churning powerful FCF and dividends in near future can be extremely attractive !

Posted by Ooi Teik Bee > Aug 25, 2017 09:48 PM | Report Abuse

Posted by UncleMau > Aug 25, 2017 06:30 PM | Report Abuse

Mr Ooi Teik Bee,

Tq for supporting us here.
Mind telling us the reasons for coming into Petronm ?
Surely a lot of us would like to find out your reasons for it.
Hope you really could share with us.

Ans : I buy a stock, it must fulfill my stock selection criteria.
They are as follows :-

TA comes first
U - Uptrending stock = Above all MA - Passed
B - Breakout chart = 8.71 - Passed
S - Sector to focus (cross 200 days SMA) = Above all MA - Passed (Ind/Prod)

FA comes second
G - Growth > 10% per year = 51% - Passed
M - Margin of safety > 30% = 36% - Passed
F - Forecast current year EPS must be better than previous year EPS = 1.55 - Passed

Note :
It is not easy for me to buy any stock because my stock selection criteria is set to be very tight so that the probability to win is always on the high side (about 70% chance).

Thank you.
Ooi