boom pipi!

aiseh, no reasons why Petron is pressed down as Hengyuan!

Hengyuan is currently trading at a trailing 12-month price-to-earnings ratio of 26 times versus Petron’s 8.1 times

Q1 March '22 - Hengyuan eps is 15.82 c whereas Q1 March '22 - Petron eps is 39.40 c

Singapore Mogas 92 Brent Crack Spread hit another record high of close to US$30 a barrel on Monday (May 23), which is way higher than its 2017’s peak of US$18 a barrel. Compared to a year ago, it was up more than four times.

“When refineries are at full capacity and yet can’t meet all the demand, that’s when the crack spreads tends to spike,” he said, noting that the upcoming financial results of downstream players should be commendable.

An O&G analyst who declined to be named said it was mainly driven by Russia’s oil export ban and the recovery in the aviation sector.

Your Stock Choice : Hengyuan or Petron

Hengyuan is currently trading at a trailing 12-month price-to-earnings ratio of 26 times versus Petron’s 8.1 times, according to Bloomberg.

looking forward to d 20 cent dividend n strong recovery after ex-date (price adjustment)!

Retailers have vy little say on PetronM stock price as its nosh is only 270m n 73.40% is owned by Petron Oil & Gas Int. Sdn. Bhd.

vy undervalue! NOSH (270m); EPS (88.32cent); PE (7.65); NTA (7.29)

Posted by EVO118 > 15 minutes ago | Report Abuse

Still think there won't be MOF assistance, far too complicated. It just gives us some time to do a bit quick trading profit. Don't stay too long.
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chinese saying "give me also i don't want"!

SD is for those that still hold d shares to sell n not for investors to buy!

FOOD FOR THOUGHT
Traders are lining up to short the British pound with a possible recession on the horizon
PUBLISHED FRI, MAY 20 20221:15 AM EDTUPDATED FRI, MAY 20 20221:27 AM EDT

KEY POINTS
Inflation came in at an annual 9% in April, a 40-year high, as food and energy prices continued to spiral. Bank of England Governor Andrew Bailey has warned of an “apocalyptic” outlook for consumers as a recent survey also showed that a quarter of Britons have resorted to skipping meals.

“Are we going to have a recession? It’s pretty likely,” said Larry Harris, the Fred V. Keenan Chair in Finance at the University of Southern California Marshall School of Business and former chief economist of the SEC.

“It’s very hard to stop inflation without a recession.”
There will be a day of reckoning, the question is how soon.

so said d coming QR will b fantastic cos of d sweet spot in crack spread n there will b 4 more interim dividend!

Palm oil’s slump set to deepen after Indonesia lifts export ban
May 20, 2022 9:37 AM.

Data from cargo surveyors showed Malaysia’s palm oil exports shrinking to India and China, the two biggest importing nations, in the first half of May even as overall shipments climbed. High prices have stifled demand from both countries, with China’s situation exacerbated by strict Covid-19 lockdowns.

Palm oil’s slump set to deepen after Indonesia lifts export ban
May 20, 2022 9:37 AM.

Benchmark futures in Kuala Lumpur last traded at RM6,007 a tonne late yesterday. Veteran trader Dorab Mistry forecast earlier this month that palm oil may sink to RM5,000 by June and to RM4,000 by September once Indonesia relaxes its export ban and the war in Ukraine is resolved.

Palm oil’s slump set to deepen after Indonesia lifts export ban
May 20, 2022 9:37 AM.

KUALA LUMPUR: Palm oil has lost a major pillar of support after top producer Indonesia lifted a ban on exports, paving the way for prices to slump further as supply builds and demand languishes.

The tropical oil may tumble to RM5,000 a tonne by July or August because of ample supply in the market, said Tajgir Rahman, general manager of oils and wheat trading at Savola Foods. “A lot of demand destruction has happened in the last few months as palm has become expensive.”

Future earnings for PetDag on EV battery charging.

DC fast chargers installed had begun operating on a pay-per-use basis.

It was also revealed that while not all its dealers have begun implementing such a policy, the entire network would eventually move towards making payment compulsory, with a standardized rate applied.

There are six price segments, listing DC outputs from 30 kW to 180 kW, and rates for public usage.

The rates are:
DC 30 kW charger – RM0.60 sen per minute of use
DC 50 kW charger – RM1.00/min
DC 60 kW charger – RM1.40/min
DC 90 kW charger – RM1.80/min
DC 120 kW charger – RM2.40/min
DC 180 kW charger – RM3.60/min

The economics of the refining business are complex.

Refiners must strive to maximize their margins by optimizing a number of variables including:
1. the type of crude feedstocks and products.
2. energy requirements.
3. plant complexity and efficiency.
4. logistics and transportation.

They operate in a business environment that is dynamic and that comes with varying levels of commercial, technical, regulatory and economic risks.

To do well, refineries must constantly find the sweet spots to operate. Crack spread is the difference between crude oil prices and wholesale petroleum product prices (mostly distillate fuels (diesel and fuel oil and gasoline).

Crack spread is positive right now!

hahaha, PetDag is higher!

today is pumped n dumped! lucky to hv escaped in d morning session!

im looking at PetDag as a better buy than Hengyuan or Petron!

KUALA LUMPUR (April 25): Petronas Dagangan Bhd (PetDag) is working closely with the Ministry of Finance (MoF) on the increase of fuel subsidy bill amid near-record high crude oil prices, according to PetDag’s managing director (MD) and chief executive officer (CEO) Azrul Osman Rani.

Other reasons are:
1. Jet fuel demand yet to reach pre-Covid levels despite improvements in 2021.
Asked if PetDag’s commercial division, which sells aviation fuels, has benefited from the recent border reopening, Azrul said the division has seen a significant improvement in its financial year ended Dec 31, 2021 (FY21) but noted that there are many factors that could impact the business such as volume and price movements which the group is monitoring closely.

2. People also ask what is the new partnership between PDB and GreenTech Malaysia?
The partnership is an extension from that signed between PDB and GreenTech Malaysia last year to install 66 ChargEV stations. To date, 55 stations have been installed at Petronas stations nationwide. It targets to have 25,000 charging stations nationwide by 2020 to further support the push for EVs. Not only that, GreenTech Malaysia will bring in 100 units of the Tesla Model S by the end of next year, all of which are duty-exempted. In a report by The Sun, Malaysia looks set to achieve the target of 100,000 electric vehicles (EVs) on its roads.

Trim Sapura’s losses, no need for bailout, says Dr M
FMT Reporters -May 16, 2022 7:02 PM

PETALING JAYA: Steps should be taken to trim losses incurred by Sapura Energy Bhd (SEB), Dr Mahathir Mohamad said today, disagreeing with calls for Putrajaya to bail out the oil and gas services company.

PhD Economist Warns: "New Normal will be Stranger, More Extreme."

Nomi Prins is an American author, journalist, and public speaker who writes about Wall Street and the US economy. Prins worked as a managing director at Goldman Sachs for 2 years and as a senior managing director at Bear Stearns for seven years, and was a senior strategist at Lehman Brothers.

Something strange is happening behind the scenes in US financial system.

From d stage, Yellen called for world leaders to commit to a US150 trillion "global transition" of US economy. Bank of America has committed, along with 131 countries, 234 cities, and 695 of the world’s biggest companies. Several billionaires, led by Jeff Bezos and Elon Musk, have invested in this ‘transformation’ as well.

And what does it mean for your money? What Nomi Prins discovered is startling!
It has nothing to do with a market crash... a new reserve currency... or the end of fiat.

Prins says:
While most Americans are distracted by mainstream media headlines, I’ve found evidence the elites are spending $150 trillion to ‘transform’ our economy into something we didn’t vote on... didn’t ask for... and very few are prepared for. In essence, we’re about to see a stranger, more extreme ‘new normal’ in America. Most people will be shocked when they see what happens in the months ahead”

Posted by Nikmon > 2 minutes ago | Report Abuse
Just a question, if petronas confirm take over Sapura, what would be the price ?
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my guessed is, d price should b better than Reach Energy!

Posted by izoklse > 4 days ago | Report Abuse
IIn TV 1 RTM now, PM invite US businesses to invest in EV i.e Tesla to do business and start EV car production in Malaysia.
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Now, when it comes to Elon Musk, the big drama is all about Tesla electric vehicles and the opening of a car manufacturing plant, battery manufacturing plant and also the EV charging infrastructure which brings not only plenty of jobs, but also the rest of the electric vehicle business links.

Why Is Elon Musk Doing Business In Indonesia And Not Malaysia?

The big question should be why is Elon Musk so happy to chat with Jokowi? So, why is Elon Musk ready to work with Indonesia and not Malaysia right now? Well, it is clear and precise Indonesia's government policy gives confidence to Elon Musk to start operations. Indonesia has a clear and defined automotive and EV policy.

SC should get their acts right n imposed strict punishment instead of complying with d verdicts of AGC!

Inari share price was on a declined lately! d fundamental is still intact!

double joy! got dividend n price increased!

strong closing but not d price!

b prepared for a yoyo ride next week!

this new ipo price is a laggard n will b on a reversing price trend next week!

Normally d palm oil mill buying outside ffb will informed d sellers on a monthly basis d contracted price of their ffb.
If d locally delivered price of CPO is RM7,500/ton, than d ffb offered price will b based on 19% to 20% of d mill oil extraction rate (oer) i.e. :-
i.e. 7500 X 19% oer = 1425/ton ffb or 7500 X 20% oer = 1500/ton ffb
d % oer awarded is based on criteria pre-determined n done after a quality control (QC) checks. Normally, smallholders r offered 19% oer n bigger estates r offered 20%-21% oer!

The mill will get a 1% to 3% margin of d CPO processed which is a vy hefty profit!

hope d ban is lifted after hari raya idul fitri! i don't foresee a crisis in d near term but it can turned into a nightmare for these Indonesian's plantations if d ban dragged another month!

KUALA LUMPUR (April 28): Datuk Syed Zaid Albar has tendered his resignation as the executive chairman of the Securities Commission Malaysia (SC), just six months after his term was extended for a three-year period.

His early exit from the country’s top financial market regulator comes on the heels of a controversial decision by the Attorney-General’s Chambers (AGC) to withdraw criminal charges against troubled oil and gas services company Serba Dinamik Holdings Bhd and four senior executives, who were alleged to have filed false financial statements with the stock exchange.

both SIMEPLT n KLK hv vy high exposures in Indonesia! hope d ban on CPO export don't dragged into d coming quarter(s) earnings!

@Abrahmi, thx...insightful!

do choose d right company as not all plantation stocks r safe even when CPO price is trading above RM7000 per ton! years prior to d current CPO bull-run, a lot of plantation companies r not doing well with high debts, shortages of harvesters n poor ffb production due to low CPO price around RM2,800 to RM3,400 per ton giving rise to management decisions of abandoning fields upkeep/management, low ffb harvesting round per month/year n foregoing manuring! don't b surprised these affected companies r just recovering financially as u can study from their quarterly financial report!

Posted by stockraider > 2 hours ago | Report Abuse
I say many times!
Plantation is a big inflation hedge

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Ironically, strong companies are much easier to spot during an oncoming recession or during d recession!

Posted by markgold > 1 minute ago | Report Abuse

All those IB analyst are just kindergarden kids. They should learn from our Sifu Calvintenang, Johnzhang .....

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not to mentioned Sardin n CKLow!!!

JF Apex Securities Bhd put d fair value of MN Holdings Bhd at 31 cent per share based on its valuation of eight times earnings per share of 3.84 cent for financial year 2023 (FY23).

MN Holdings Bhd is mainly serving customers in the power, gas, sewerage and telecommunications industries in Malaysia.

"As at March 9, 2022, MNHB’s order book stood at RM172.2 million. This order book will be recognized in FY22-FY25. The group’s top line and bottom line are also underpinned by its unbilled contract value of RM126 million,” the research house said.

very exciting if fly above 30 cent!

alright, will buy more n keep for dividends!

Sardin, why this guy DickyMe posted twice "RM8.30 coming soon" ?

Posted by Sardin > 1 hour ago | Report Abuse
Sorry... found a mistake just now. Most of the operating payment (656 m) should be operating expenses that appear in the income statement (586 m). But just under this line in cash flow statement there is 167 m for "(Placement)/recovery of deposits in derivative operations". I think this 167 m is the major part of the cash outflow compared to balance sheet as at 31st Dec. This 167m adds to the receivable (because it is recoverable).

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So a truth was revealed!

UP is among d oldest plantation in Malaysia n has pioneered a lot of changes n improvements to d oil palm industry in South East Asia such as best plantation's management n practices, ffb handling, mechanization works n "state of the art" palm oil milling!

So, just buy n hold long term! At this discounted share price i.e. after ex-dividend adjustment, price fall before n after ex-dividend, investors shouldn't b too concerned about this QR as coming QR will b very much better!





finally a truth was revealed! just buy

Posted by Johnzhang > 49 minutes ago | Report Abuse

The reason why capital gain over 2 years and 1 year period from investing in UP, IOI, Simeplant and even KLK is so much lower than the small and midsize plantations is now very obvious!

I shall remain focus on the small and midsize plantations like SOP, Taann, Bplant, HSplant, cepat, MHC, swkplant, Thplant. These plantations will reap the highest return from the high and increasing CPO trend.

locally delivered CPO price "lonjak" to RM7308/ton on 25/04/22. Who still say Indonesia's export ban on CPO is bad for plantation stocks?

it's impossible to force all CPO produced from oil palm plantations to be processed into cooking oil for Indonesians consumption! d palm oil refineries in Indonesia will never b able to absorb all d CPO!

That's why they initially planned 20% to b for d refineries n 80% for exports!

CPO or crude palm oil r from ffb cooked n crushed during mill processing, very different from refined palm oil which r CPO sent to palm oil refineries to b process for cooking oil!

yesterday is pump n dump!

tomorrow another 12.38 cents adjustment on ex-dividend!

KUALA LUMPUR (April 25): Plantation stocks on the local bourse dominated the top gainer list on Monday morning (April 25) as Indonesia’s move to ban palm oil exports is seen to benefit Malaysian planters.

Analysts said on Monday that Malaysian crude palm oil (CPO) producers are potential winners amid Indonesia's palm oil export ban.

CGS-CIMB analyst Ng Lee Fang expects CPO prices in Malaysia to rise significantly and potentially surge to new record highs due to panic buying by consumers if the temporary ban lasts more than four weeks.