sheldon

sheldon | Joined since 2013-10-31

Investing Experience -
Risk Profile Moderate

Always looking for the best yields

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2022-04-22 16:06 | Report Abuse

Putting it mildly, it's going to be a pleasant weekend!

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2022-04-20 14:58 | Report Abuse

How's our sick underperforming patient doing?

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2022-04-13 10:19 | Report Abuse

Don't forget that there's a 20 sen dividend within the share price.

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2022-04-13 09:42 | Report Abuse

You probably do - I'm an ex-KJ & existing Canone shh.

Despite my comments, I think no one can arrogantly fire & forget or rest on one's laurels. Think Kodak & Nokia. How long can the Batu Kawan party last?

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2022-04-12 21:19 | Report Abuse

I've been buying & selling this counter for sometime. More buying so a net gradual accumulation. My earliest recorded trade was a buy @ 8.2 & a sell @ 9.52 - gives you a rough idea as to the timeframe (all after Christ btw).

This Co was making quite a profit every quarter but paying modest dividends. Imagine someone with a healthy appetite, eating away but hardly going to toilet ie constipated. Eventually he's going to grow big albeit sideways! haha.
There was a time it hovered between 17-20 & I was puzzled as to why no one was paying any attention despite a suppressed price.

Then with covid, the price went further south. I used up my ammo to pick up some more bargains.

It still looks somewhat undervalued in my opinion - thanks to lack of trading liquidity. I'm no guru btw.

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2022-04-07 15:13 | Report Abuse

Phewitt!! If ever there's an example of the term "my ship has arrived" - this is it!!!

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2022-04-05 11:33 | Report Abuse

I've no idea what James Bond message is all about. Can anyone enlighten?

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2022-03-30 21:03 | Report Abuse

I just passed by the outlet at hartamas.

Packed with people. Never seen such a crowd in the shop before. Maybe the pent up demand?

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2022-03-29 17:10 | Report Abuse

No liquidity but pays good dividends. I like the regular share buybacks. Recently did 2 major takeovers at excessively generous (high) prices - maybe because flushed with cash or perhaps for some other reasons that cannot be mentioned here.

I worry about China muscling in. Could this meteoric rise be akin to a supernova which explodes and then collapse? The jury is still out at this juncture.

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2022-03-18 17:00 | Report Abuse

It's like a quicksand - once in, hard to get out and you keep sinking more & more money thinking that the share price is undervalued but hehe it remains undervalued

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2022-03-17 10:40 | Report Abuse

Less equity means less mouths to feed. Imagine siblings dropping dead. The survivors will have a bigger slice of the inherited property pie haha

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2022-03-15 21:50 | Report Abuse

Nice move with the large share buyback !

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2022-03-11 16:53 | Report Abuse

What I love about this stock is the volatility or yoyo of it's prices !!!
Money, money, money

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2022-03-10 23:20 | Report Abuse

One of the biggest mysteries in life is what does it take to drive Petron share price up - increase in crude, good profits, great brand, topline growth, a burgeoning balance sheet chocking on its own excessive reserve retention, supposedly great management with seemingly great plans? Nothing seems to work

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2022-03-08 12:09 | Report Abuse

Just got slashed by a falling knife.

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2022-03-04 15:08 | Report Abuse

Repeat one more time, then I'll be truly convinced haha

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2022-03-03 20:45 | Report Abuse

TQ Mark Goh - I see BK on the top right hand corner of the graph - indicating somewhat overvalued in comparison with others lower down the line?

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2022-03-02 11:28 | Report Abuse

OMG!! This is unheard of.

March futures CPO trading at 8,754. I hope KLK will be able to harvest & process most of the fresh fruit bunches. Big fat margins await.

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2022-03-02 10:30 | Report Abuse

I've studied Petron's share price movements. Here's a summary ...

When oil price leaps, the share price moves up a little.
When oil price drops, the share price plunges. Haha

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2022-03-01 15:08 | Report Abuse

Celebrate good times come on!

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2022-03-01 13:15 | Report Abuse

Not much explanation given on the massive inventory & property, plant & equipment write down.

I personally have written-off this counter. I made >25k the first round. My 2nd strike doesn't look good in the near term. So I'll leave it aside & just collect whatever microscopic dividends they declare.

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2022-03-01 10:04 | Report Abuse

Don't hold your breath Invest_888.

Crude price has jumped over the last 2 weeks, yet share price has not moved much

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2022-02-28 21:18 | Report Abuse

CPO prices are though the roof!!

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2022-02-25 12:07 | Report Abuse

So the much anticipated rally given the meteoric rise in crude, fatter crack spreads & good results simply fizzled out.

No more excitement here except for the puny dividends. This chat will also fizzle out until the next quarterly approaches

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2022-02-24 22:29 | Report Abuse

That's why I belief that if the share price is not performing then pay good dividends. That'll definitely draw the attention of investors.

A highly profitable company that pays a tiny dividend = a dog that barks fiercely & loudly but doesn't bite.

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2022-02-24 21:46 | Report Abuse

Fairly ok results.

As always, made a ton of profit but only pay a tiny dividends. Annual profit = 240m but only pay 54m. This small dividend pay out had been a sort of a tradition with the management for years. If the share price is trading at say 12X PE then I can accept it but it trades at very low PE.

Poor long suffering shareholders.

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2022-02-24 15:18 | Report Abuse

I'm absolutely convinced that Petron will release the results today.

In the past, it's almost always on Thursdays.

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2022-02-24 14:58 | Report Abuse

pang72 How to greed as compare to rm15 in the past?

Ah yes - I've the distinction of selling 1 lot at 15 and another at 14.40 but got greedy & bought many above 10. Now I reflect my past, I realise that it reached 15 probably because the investment bankers "goreng" to launch the warrants successfully.

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2022-02-24 14:43 | Report Abuse

Don't get greedy guys - Good luck!

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2022-02-24 09:53 | Report Abuse

"I repeat" ... Haha funny guy

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2022-02-23 11:09 | Report Abuse

CPO March at 6440!

Certainly this stock price has more legs in it.

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2022-02-23 09:20 | Report Abuse

New co name maybe spells better fortunes

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2022-02-22 21:10 | Report Abuse

Pathetic but I've written off this counter.

Whatever dividends it gives, I'm grateful but not expecting anything more than a few sens a year. I understand though that we're operating under the threat of religious zealots or else, they would've operated with a lot of poise.

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2022-02-22 16:27 | Report Abuse

The great Malaysian sale & short sale!

Hahaha

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2022-02-22 08:52 | Report Abuse

Oil price jumped up this morning

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2022-02-21 13:32 | Report Abuse

The highest price paid in the share buyback = 25.30 but that is cum-div.

To make it comparable today, the ex-price = 24.40.

This could be a benchmark price to buy ex.

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2022-02-21 09:51 | Report Abuse

The silver lining is that if it drops quite a bit then either I will use my dividend money to buy more shares or BK itself may do a buyback.

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2022-02-18 15:27 | Report Abuse

OMG!!

March CPO > 6000

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2022-02-18 15:27 | Report Abuse

WilburR2 Share split is already in place in bursa as you can sell 100 shares right? Any advantage in share split?

A 1:1 share split simply cuts each share into 2. A similar bonus issue doubles the no of shares by debiting the reserves and crediting the share capital - in layman's terms taking the money from reserves & placing it into share capital.

Both however will have same impact on EPS hence share price.

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2022-02-18 09:16 | Report Abuse

Actually I prefer a simple share split as bonus would mean draining our reserves.

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2022-02-17 15:33 | Report Abuse

Just finished attending the AGM.

Among others, the Board will consider bonus or share-split.

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2022-02-17 08:56 | Report Abuse

5 sen?

Wake up - you're dreaming!

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2022-02-17 05:06 | Report Abuse

Performance is superb due to mainly high CPO & PK prices and consolidation of CCM & IJM results. Cash generated from operations, up from 439m to 949m. Need to find out though the details of the massive 851m paid labelled "Purchase of shares from non-controlling interest".

Going by it's last 2 quarters EPS of 77.78 & 83.85 - if we extrapolate to annual = 323.26 sens. At a conservative PE of 9 times, then BK share price should amount to RM29.

Money, money, money!!!

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2022-02-16 09:54 | Report Abuse

On the contrary, BK is a cheaper route to acquiring interest in KLK.

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2022-02-16 09:26 | Report Abuse

EV car is not really environmentally friendly.

Have they figured out how to dispose off the massive spent car batteries? That's a disaster waiting to happen.

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2022-02-15 21:42 | Report Abuse

Petron can't directly control investors' decisions but it can control dividends.

To make up for the very poor share price performance, massive dividend payouts will rile up investors who have ignored this counter. It'll be the right tonic to drive up the share price.

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2022-02-15 16:29 | Report Abuse

Ok show's over. The fireworks are through. Now back to work! Haha

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2022-02-09 12:38 | Report Abuse

Be warned - I'm getting rich!!

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2022-02-06 14:44 | Report Abuse

Price should rise significantly. Why?

- NTA > RM7 and PE is only 5.5.
- Though some may argue not in the same industry but I consider an investment is just an investment - Carlsberg is trading at PE of 36.6 & Nestle at a mindboggling 53!!

- Petron had made over the years hundreds of millions of RM but declaring only puny dividends. What happens when you put millions into a bank account but withdraw only pennies? Logically overtime, it should grow in a compounding fashion.

The share price is way behind the curve. It's puzzling what's holding this counter back?
The only way for management to get even with investors who're not paying any attention to this counter is to pay a lot more dividends (Unless of course if the accounts are all made up and the profits are fake).