Sure, I'll remind them to answer your questions if they haven't by the time of the tabling of the resolutions.

On Thursday I will be attending Petron's physical shareholder meeting for the first time since 2019, revelling in the $1,351.92 profit earned from trading the stock in '22, the small trading profit this year & the large dividend to be earned in '23 =)

Exploring FRESH ALL-TIME LOW back in 2008 soon!

EPF really BO LUI...even dumping their pet banking stock RHB lol

End UNCHANGED despite dramatic hoopla regarding contract win announcements...such a joke junk company lol

1/3 of today's total volume done @ 5.00...A satisfying end to my trading week =)

Substantial SHORT interest being covered back @ the last minute lol

It's clear some ppl SHORTed this morning betting on the ex-dividend price being much lower lol

16 BILLION tickets cannot be pushed...whether 1 billion or 10 billion contract makes no difference lol

Luckily I didn't sell all my shares...all my sales so far above 90c.

A friend bet with me that the price will be lower than 4.90 by Jun 18. So if the price closes @ 4.90 or higher on that date, he will buy me a lunch/dinner & vice versa...Have a feeling that even if the cutoff was set @ 5.00, I will still win the bet!

Ultimately, it's a Filipino co. not a Malay co.

As a testament to my long-term confidence in Petron, I bought back what I SOLD @ 5...for 4.84-4.86 this morning.

But the volumes are humongous...need huge foreign firepower to move the stock price by even 1c now the hopeless local funds are in full retreat & retailers are impotent.

A lot of short-covering @ 92c noted heading into the close...

L@@ks like it can make another assault at the $1 mark today...

Not out of the woods...local funds too poor to buy the hundreds of millions dumped by exiting foreign funds...eg Aberdeen in Shangri-la, others from Hap Seng, many others from PBBank etc etc etc

It was pretty entertaining how some who must have taken huge speculative positions yesterday tried to engineer a rally with some fictitious rumours in the wee hours of the morning about how the outage wasn't really anything serious & maybe even made up by shortists to try to save their OWN aSSes lol

Even the solid net cash OKA can drop from 78 to 64 after the bad result(-18%), what more an indebted overcapitalised cyclical co. like this?

KLCI is just a couple of points away from its Oct 13 low of 1372.57, when the Dow & Hang Seng were at their most bearish, several thousand points lower than where they are trading now. A little comforted that my partial exit was higher than the average transacted price 2day.

Have confidence in Petron...no confidence in the reliability of M'sai-n cowboy mkt. Even the most solid, well-managed stocks can drop 6-10% per day...that's foreign voting with their feet for you!

Diamond7

Congrats dompeilee
Wise decision

Sell half
Keep half
If down again
Can buy back!!!

5 hours ago

@ Diamond7 : Just part of my daily risk-management =)

Got ONE ray of hope for this stock: short-sellers covering back massively

Nothing wrong with buying @ this level...just be willing to HOLD for 3 yrs or else the broker earns the most .

Some more tomorrow T + 2 for 267 million tickets & Friday(which has consistently been bearish in '22 till now) is T +3 for that huge volume & T + 2 for today's volume of over 100 million for sure...

4.7 BILLION...BILLION...that's 4700+ MILLION tickets free-float...those of you who buy not scared meh?

Warned ppl not to play with multi-billion shr co. with bad news, but still a lot of itchy fingers got burnt kekeke

I took partial profits @ 5.00....holding for dear life to get as much dividend as possible.

5.9 BILLION tickets in the market...even discounting the old man's holdings, it's still well over 3 billion. Easy to plunge not easy to rise with this kind of event, in this kinda half dead market.

US$480,000 PER DAY is a HUGE deal! Wait for below 30c.

Aiyo purposely PUSH up into the ToP Vol list to lure gambling ghost aunties/uncles to buy then TRAPPP them to try to pick their pockets for RI LOL

Dividend announcement end of August. Many ppl have no patience to wait so long. End of Aug result also may be nowhere near as stellar as May's results.

Even the most stable OKA finally lose $ & tumbles. Luckily I SOLD all above 75c months ago.

Posted by dompeilee > 1 week ago

Bought more Petron @ 4.52-4.53, reaccumulating the shares I SOLD for $6.3725 avg last yr. This time I have 12 lots instead of 8 last yr.

=) 2nd round coming...2nd year in a row of Petron profits cooking =)

Fortunately, I shifted some of the funds from my partial YTL sales into Petron @ 4.53, which is performing beautifully... =) Those who have less than a 3-year holding timeframe for this stock, better not touch...

The crazy ppl who bought @ 21.60-21.72 with CPO heading down so rapidly lol

M'sian & S'pore markets are half dead & zombie like coz funds & syndicates already sustained heavy injuries when the speculatives dropped 80-99% from their '20-'21 goreng highs. That's why I'm steering my premium clients to Japan where the major billionaires & fund managers are playing & we've a fairly good shot at milking their money...

His hero & distant relative kelvin tan already stopped buying because he saw the writing on the wall i.e CPO dropping back to the $2-3.3k level.

I would love YTL more if the co. didn't have so MANY d@rned tickets outstanding! Reversals can also be huge, as can be seen from its decline after peaking in 2012 & in 2019-2020.

It was only one of a small minority of 723 LOSERs on the Tokyo market today( vs 3,285 GAINERs), down 2 yen or 7.4% on 100,000 volume. The highlight of my Japanese portfolio is speculative Katsuragawa Electric which soared 52 yen(8.3%) & a record 4 paper profits available to be taken if I so choose...So my prediction of a re-test of the Nikkei's 38,957.44 record within the year on my blog made in May seems to have a good possibility of coming true!=)

Agreed, but there is a very specific reason why I bought this stock... :)

YTL is also listed in Tokyo btw...but my most recent purchase is landlord Mitsubishi Estate for ¥1,638, with 7 🎌 winners already in the bag so far in '23.

Foreign money is not coming into this corrupted, economic malaise-ridden country. The money is in safer more dependable markets like Japan...thank goodness I have more than six figures in the land of the rising Sun now, ever since my first stock purchase there in 2017 =)

Back to the DUMPS despite incessant promotion by clown calvin lol

Should change the name to HAPLESS lol

SOLD more @ 1.02

dompeilee

Speculatively bought EPMB @ the 50.5c open.

1 day ago

SOLD half my EPMB fr 94-96.5c

In THIS KIND of half dead mkt...can limit up means it's the creme de la creme!

Hongkie fund Lei shing hong must be margin calling like mad lol

YTL Yeoh family & HSeng Lau family...really contrasting fortunes in the past few wks...today, both went in the same direction finally lol

Lau family 2/3 of family fortune on paper evaporated....Kesian