GICSpore - it's on the Petron website. I would not want to blatantly display the number.

The Co Sect, let me pre-warn you will say - "I would not want to reveal to you more than what has been released to the public..." - as if giving me an unfair advantage. This is despite the fact that I'm only seeking clarification on historical info not insider info. I ask him whether he would treat analysts and reporters that same - he said he would.

He should know that the best approach is to answer queries in a forthright transparent manner.
Some of these guys are just plain arrogant.

I just got off the line with the Co Sect. Wanted to find out more about the RM39.9m gain on service station divestment. He was very guarded with the information.

All he said was that it was in line with the MRT project. I think he mentioned 4 stations. Basically the govt wants to takeover the land, Petron has to agree.

Why should the govt compulsorily acquire service stations which Petron has painstakingly put up? Which stations did they acquire? Don't Petronas have enough stations?

Is it a case of someone takes all the risk and does all the hard work and someone else reap the benefits?

Wow what confidence "when" & not "if" good result is released

I hope it's the calm before the storm

Good la - it means that he's confident of the counter at these prices

i hope no bad surprises on the impending results

Yes dividends received

Anybody's got the balls for the warrant? Now with shares traded at 8.55, it's trading at 25.5 sen with a strike at 8.50 & expiry at 22 Feb 2018.

Markets are indeed truly unpredictable!

I was expecting a super-bull with 5 sen per litre increase in retail pump prices but it's going south. It probably overreacted a few days back.

Earnings should in all likelihood be in the neighborhood of the last quarter unless some big oversight in keeping records or deliberate cooking of the books.

Good thing is that TVT is buying

sigmax no eyes see.. should have sell earlier ..

I should have bought back later

The floor has fallen off

Khye Lock Tneoh RHB will do the necessary to recover the loss incurred in CB !! FYI - RHB nor any other bank issuing SW does not bet against their customers. Customers bet on price whilst the banks bet on volatility.

Oh yes - I stand corrected

I thought dividend payment is supposed to be today but no sign of it

Looks more like upside down V - haha

I saw the lackluster price movement in the morning despite the recent crude oil price trend & I sort suspected that there was more in store. Took a short afternoon siesta and when I woke up ... took some profit.

price movement seem to suggest an imminent good quarterly result in the offing... or pure trickery & manipulation to get others to buy this forsaken counter.

Looks like a gradual takeoff - i was thinking it would be vertical given its observed volatility

Houston! - we seem to have a problem lol

This is your captain speaking - Fasten your seat belts as the plane is about to take off

If they can maintain the quarterly EPS, then agreed with 10 as TP

Babu - TQ for your soothing insight. Agreed that Toto management is probably doing the best they can.

BTW I just learnt from Star report that Da Ma Cai (regulated by the Toto board) is allowed to accept online bets whilst Magnum & BToto regulated by Finance Ministry is not allowed - customers have to walk to the outlets. This is one big disadvantage.

I've got too many eggs in this bad basket.

share buy-back at 2.32 indicates management's confidence that the price is worth more. It's a good confidence booster to investors.

"It's ok to come down Petron - daddy is waiting to catch you!"

Unlikely pypw since that call warrant is way out-of-the-money with an exercise price of 3.10.

So maybe the source of this downward spiral is due to this related-party deal ...

http://www.theedgemarkets.com/article/berjaya-sports-toto-ups-stake-7eleven

Dividend = 3 sens but on ex-day, down 6 sens.

None of the board members & other key shareholders are selling. So who's selling?

aiyo x 3

Feel the awesome power of trade blocks - http://www.thestar.com.my/business/business-news/2017/07/17/malaysia-and-indonesia-may-take-eu-plan-to-curb-palm-oil-imports-to-wto/

I hope Cup & Handle = up haha

Agreed - That's the right benchmark

The main issue plaguing Batu Kawan and the like is the spinners giving a bad name to CPO from the health angle even though it's proven that it's neutral at worst. I consume the cooking oil at home. Obviously the Malaysian eateries use palm oil in their cooking as well. I eat out most of the time and at mid-50s I'm still alive.

Then they pick from the environmental angle. The lobbyists are going all out to paint a negative picture on CPO to probably help the soy industry. It appears that all these so-called good intentions has the same underlying motive - MONEY!

Amanah Saham Bumi has been disposing off chunks. Do they need the cash or have they lost faith in Apollo?

TQVM Swiftwind & Charles_cty

If someone can interpret the gist of what was reported in the chinese daily or else i shall assume that it's something bullish

Despite this poor performance, the Management Discussion & Analysis keeps painting a rosy picture - telling all and sundry about robust postpaid growth & solid EBITDA margins etc.

It's like somebody smelling shit & telling all - "mmmm ... smells really delicious. Can't wait to sink my teeth into it".

Am I alone on this view or are there others who agree?

I don't have the balls. Right now only motivated by fear.

We can agree to disagree but my finance background tells me that money has a time value and yields are by convention expressed on a per year basis.

F, F, F - WTF is happening to toto???

Generally the impact of lower pump prices is mitigated or compensated by lower crude prices.

Of course in a downward spiral the stock of crude acquired at a higher price have to be processed and sold based on lower crude prices. Maybe there's enough thickness in the margins; maybe they have been hedged away. There's just too many variables for any outsider to analyse the impact.

So the best thing to do is to pray that the management is doing the right thing and enjoy the ride.

A weak MYR is supposed to be good for Apollo. Extract of 31 Oct 2015 quarterly ....

"The Group’s pre-tax profit for the current quarter ended 31 October 2015 has increased by
RM7.468 million to RM14.491 million from RM7.023 million in the quarter ended 31 October 2014.
The increase in net profit was due to foreign exchange gain on the depreciation of Ringgit
Malaysia against USD dollar."

But now it's singing a different tune. Extract of the latest quarterly ....

The Group’s pre-tax profit had decreased by RM1.499 million from RM5.756 million in the
preceding quarter to RM4.257 million in this quarter. This was mainly due to higher operating costs
and lower foreign exchange gain incurred in this quarter.

Posted by ckkhen - At 5.10 with dividend of 25sen, dividend yield is 0.25/5.10% = 4.90%

Don't forget that since dividend is paid in 6 months and yield is expressed on a per annum basis, hence 4.9 x 2 = 9.8%

Buy at today's price of 5.10 & stand to make an annual dividend yield of 9.8% - Is this not good enough??

Pump price up 4 sen - $$$!.

Another tax event?