Although Hengyuan seem to be surging way ahead of Petron, my preference is for Petron. Why?

Firstly, it's has a wider diversity of products.

Secondly, I don't trust China-based companies. They're famous for dubious accounting practices.

Petronm RM65 if HRC is valued between PE 10 to PE15, then Petronm should be valued at PE 25 to 30. At EPS of 18 X PE 35 = RM63

What are you guys thought and opinions?

Agreed due to the diversity of Petron's products but maybe your PE opinion on Petron is too lofty

31-Oct-17 - 4.77 31-Jul-17 - 4.70 30-Apr-17 - 3.38 31-Jan-17 - 6.43 31-Oct-16 - 5.37 31-Jul-16 7.12 30-Apr-16 - 2.14 31-Jan-16 - 9.01

The compilation of quarterly EPS above indicates gradual improvement over the last 3 quarters. At least it's still in positive territory.

fellow investors enjoy the pleasant feeling of witnessing your net worth grow!!

that's not a good sign

management is waiting until the last minute to announce the results

if you fall, I'll be here to catch you baby!

waiting with trepidation the 31st Oct results

Maybe ASB needs the money. If that's the case then it's a good buy as down trend of price is not due to concerns about performance. The next quarterly should shed more light into this matter.

Next dividend should be good

If petron hit 15, I'll make it to the Forbes list - somewhere between Robert & Ananda

Good that the price is holding up.

I'll be getting down from the bus at 13

Imagine the volatility - after midday, Petron was the top loser and now after close it's in the top gainer!!

A roller coaster - what a ride!

Gosh - I'm no longer rich

I'm out of bullets

AnnJj Oversold for a zero debt, net cash company with 126.7% qoq incr? .... something fishy going on.

A Mercedes is going for the price of a Toyota

I'm catching a falling knife!

I have slight about Heng Yuan since Chinese companies have a reputation of publishing dubious figures. I may be wrong about Heng Yuan though.

My take is that the entire market including Petron is down due to the strong MYR of late. Foreign investors either cashing in or staying on the sidelines

I'm digging my heels with Petron. Remember folks that there are 2 values to a share - 1) Based on the fundamentals and 2) Based on Demand & Supply

Petron is doing excellent in 1 but not in 2. So I'm just twiddling my thumbs & swatting flies while waiting for its true potential to be realised.

If you are willing to hold till 2095 then there's money to be made

Despite the recent good performance, the questions that require answers are:

1. Is the performance sustainable or is it this quarter up and next quarter down

2. The progress on the big back taxes charge.

But the good indicator is that the insiders ie the major shareholders have raised their respective stakes.

The back taxes dealt a heavy blow

Magnum running out of steam

If Petron can sustain the same performance quarter after quarter, then the share price should make that great leap forward!

TQ Victor & Linges for the insight on why Digi took the plunge. I wouldn't have had a clue from their Shariah announcement per se.

Loans & borrowings have all disappeared. Cash flow from operations are strong. TQ management. If only our local GLCs like Sime, Maybank etc can have a similar professionalism so that the full potential can be realised.

A handsome dividend!

Don't expect dividends - based on past track record, it's once a year declared in April. However less dividends = more capital gains

Totalpackage Petronm quarterly result annoucement for last 2 quarters on 25th May & 24th Aug falls on Thurs!! and it's 2nd last week of the month....

Reply : I'm all dressed-up for the party!

I'm overcome by 2 conflicting emotions on the eve of the results - Greed & Fear!

I see the textbook "driven by greed & fear" playing out.

About a year ago, I had a similar situation with Ajinomoto. It was bitter-sweet because I came out a little too early. Overall though it sweet - made my biggest kill !

Hopefully the impending results will provide a much needed boost

The soon-to-be-released results will shed some light on the fate of this Co

share price so low yet there's no buyback

RON 95 up 10 sen & RON 97 up 12 sen. Should augur well for Petron

Time to get on the last bus

You're making too much money thenewbee!!

The horse is wild!

Very hard to hold on to the saddle. I think I'm gonna fall off.

tradeup2020 Gotta grab a lot of popcorn this next few days, showtime! .... Haha you're spot on

Today the oil prices again spiking up

so far no news of the promised share buyback

The Black Stallion - Yeee Haaaa

My horse is galloping

something's rumbling

Our investor guru Fahmi the sage of Bursa, please let's know when to bail out

Patience, patience - wait for the report card