Waiting for cheaper sales still !

Better focus on CIMB CWs instead.

All RHB Investment Bank hopeless and lousy !

Wait for uptrend only sapu aggressively.

Be patient for now

Buy only when IB purposely press down the price. But little batch by batch.

This way sure win big when overall mkt sentiment return.

Juz my 2 cents advice for sharing.

But the price may not come near 11, or else IBs will lose a lot of inventories that they have collected earlier

Wow, q4 today wor

Luckily bough earlier below 11

6 s can start buy

Still not bought yet..................I want cheap cheap ones

Halite, how can I visit you ??

Walao yea, so low is the chance to reenter from bottom given tightly held by someone

Sold most of my Public Bank and Maybank, switching to Petronm with right timing

feimah, tq for your kind explanation.

feimah, ok 99

Still catch no ball, can give 1 or 2 examples ?? Then may be easier to understand and see clearer the situation.

OIC feimah.........Burt then what you meant by "It will be short gain and long pain till end of February." ??

feimah, could elaborate more on the statement abt sell down by CIMB made by you earlier ?
Not really able to catch the underlying reasons and its impications.

Thanking you in advance.
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I only can say CiMB break the sell down cycle with new CW-CO. They hedge their fund collected from CW-CO. The uptrend only can continue if retailer are united n continue to buy but capital must be more than IB hedging fund. It will be short gain and long pain till end of February.

We are brothers in the end

I share bro john0909 worries.....................so how abt Petronm not scared ??

Aseng gor may be aledy hiding in HY car boot..........hehe

Something indirectly good for Petronm too


probability There are no operators involved. Either China or Local IB funds negative bias had been overturned and forced to buyback by the Korean refiners news...and Indian refiners news. Thus, speculative news would no longer be effective for their advantage. They were forces to admit the reality.

They will not let go since results are confirmed spectacular.

May retest 19 again..
20/01/2018 12:19

if you are still worry about Petron expansion, read this news .


A 3 folds increase in EBITA !!!!

You must be thinking too much if you feel PE 16 is not possible in the near future with the current sentiment


Petron refinery expansion seen completed by 2020
By Lenie Lectura - January 1, 2018

THE refinery expansion of Petron Malaysia Refining & Marketing Bhd. could be finished in two years, its top official said.

“If it is a go, it will be finished in year 2020,” Petron President Ramon Ang said. “The Malaysian expansion, if we will add 90,000 barrels per day [bpd], then it would cost $3.5 billion.

Petron Malaysia operates Petron Port Dickson refinery, which has a capacity of approximately 88,000 bpd, producing a range of petroleum products, which include gasoline, diesel, liquefied petroleum gas (LPG), industrial and commercial fuels and aviation fuels. Its fuels are distributed from approximately eight depots and terminals.

The company also operates over 560 retail-service stations across the nation.

It offers Blaze 95RON, Blaze 97RON Euro 4M and Diesel Max. Its LPG brand, Petron Gasul, provides energy in over 12 kilograms (kg) and 14 kg for households. It also offers a range of industrial fuel products, including Automotive Diesel Oil, Mogas, Kerosene and Jet A1. Its service stations also provide convenience stores with amenities, such as shopping marts and fast-food restaurants.

Ang said Petron Malaysia is “No. 3” in terms of market share.

In 2012 Petron announced its acquisition of a 65-percent stake in Esso Malaysia Berhad. It also signed a deal to buy subsidiaries ExxonMobil Borneo Sdn Bhd and ExxonMobil Malaysia for $404 million, bringing the total transaction to $610 million. Rebranding and upgrading programs commenced in the same year.

“The business in Malaysia is going well. We bought it when its Ebita [Earnings before interest, taxes, depreciation and amortization] is $20 million. This year [2017], we will end at $270 million in Ebita,” Ang said. “With the expansion, it should give us $600 million a year, from $20 million.”

BREAKING NEWS :

KYY sells his block off market to CHINA and Russian for at least RM22, gap up coming on Monday lor...................................really huat huat huat this time

BREAKING NEWS :

KYY sells his block off market to CHINA and Russian for at least RM22, gap up coming on Monday lor...................................really huat huat huat this time

Petronm met most of KYY investment criteria too with quarterly result stable and improving too, Mr KYY knows what I mean........hehe.

probability is still the best sifu in technical aspect.............thank you for sharing your view.

But heard from IB that Petronm not willing to do rights issues since its cashflow is super strong.

OTB is really a short sighted guy and will bang his BALLS real hard this time !

And he dares not comment anything this round after selling too early as KYY said HY is still the best stock of Bursa history.

Most of his followers also will curse him.

Yes, tight like pussxxx

Sold all KESM and some PressMetal to ride on more Petronm since the pointers from parent are all giving positive hints that 3Q EPS would be strongest.

All in to bet hard this time.

Sold all KESM and some PressMetal to ride on more Petronm since the pointers from parent are all giving positive hints that 3Q EPS would be strongest.

All in to bet this time.

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Jay>>>>> how many companies make >RM100m profit a quarter in similar commodity industry? I can only think of Press Metal which is making around RM150m a quarter. Profit 50% higher than Petron, lower than Hengyuan yet market cap is RM17bn vs Petron, Hengyuan RM3bn each
17/11/2017 15:45

Crack Spread 10.643!

http://www.cmegroup.com/apps/cmegroup/widgets/productLibs/esignal-char...

Winter effect really coming...

https://www.msci.com/eqb/gimi/smallcap/MSCI_Nov17_SCPublicList.pdf

https://www.msci.com/eqb/gimi/smallcap/MSCI_Nov17_SCPublicList.pdf

MSCI Semi-Annual Index Review as below

MSCI Global Standard Indexes
Addition:
NESTLE
PRESS METAL ALUMINIUM
SP SETIA

MSCI Small Cap Indexes
Addition:
ECO WORLD INTERNATIONAL
GEORGE KENT
HENGYUAN REFINING CO
PETRON MALAYSIA REF&MKT

Deletion:
CB INDUSTRIAL PRODUCT
JAYA TIASA HOLDINGS
JCY INTERNATIONAL
MEDIA PRIMA
PRESTARIANG
TROPICANA CORPORATION
TUNE PROTECT GROUP

Petronm's turn to shoot to sky will come very soon as designated buyers keep collecting at 12.70 level.

Orange88 is a BIG liar

Most of them are only ikan bilis players, no point spreading news as they dun have the financial resources to move the price at all.

Surely will rocket high in due course

Better sapu all 16 before next week

Worth to buy ?? Pls give some insight, anyone here........need to understand more of the story