2 people like this.

24 comment(s). Last comment by nekosan 2017-07-05 09:21

Superbjet

52 posts

Posted by Superbjet > 2017-07-01 21:07 | Report Abuse

I don't think one should fear because of an increased in Capex for the future expansion. Without addition Capex, PetronM today and 10 years later will remain the same. Refinery biz is like any other O&G, which requires substantial Capex

Flintstones

1,762 posts

Posted by Flintstones > 2017-07-01 21:39 | Report Abuse

in b4 petron fansi come n shoot the author

gohkimhock

2,938 posts

Posted by gohkimhock > 2017-07-01 23:08 | Report Abuse

Private placement means a big shareholder is coming in. Actually not a bad sign.

lizi

1,968 posts

Posted by lizi > 2017-07-01 23:22 | Report Abuse

kind of hard to imagine how to raise 6 billion, sure must be combination of debt and equity..too huge compare to its size now.

lizi

1,968 posts

Posted by lizi > 2017-07-01 23:27 | Report Abuse

good for those dividend investors to take note.

leechen88

292 posts

Posted by leechen88 > 2017-07-02 06:01 | Report Abuse

Give 1-1 bonus issue first then its price will surpass rm 10 easily. Then bonus issue again 1-1 , at this time it should worth more than 5b market cap. Then finally right issue with warrant

leechen88

292 posts

Posted by leechen88 > 2017-07-02 06:30 | Report Abuse

Petdagang market cap now 23.8b vs Petronm market cap 2b. I can't imagine this price. If in us or hongkong , petronm should worth more than 10b due to its more than 20% market share in Malaysia n its very attractive export figures .....stated under its recent financial statements

leechen88

292 posts

Posted by leechen88 > 2017-07-02 07:09 | Report Abuse

With share capital 135m @ 0.50 par value n 1.13b retained earning . Bonus issue call should be made. 1-1/2-1/3-1 even5-1 ratio also can ...

leechen88

292 posts

Posted by leechen88 > 2017-07-02 07:11 | Report Abuse

If 5b market cap : the valuation will be 5b/270000 big lots = rm 18.50

superwoman

271 posts

Posted by superwoman > 2017-07-02 13:34 | Report Abuse

yeah better sell

paperplane2016

21,540 posts

Posted by paperplane2016 > 2017-07-02 17:11 | Report Abuse

I buy more

popo92

578 posts

Posted by popo92 > 2017-07-03 00:01 | Report Abuse

its way easier to raise fund with higher share prices, it should be a buy call rather than sell call.

skyea

285 posts

Posted by skyea > 2017-07-03 02:36 | Report Abuse

during the AGM, some investors asked about bonus, but ramon already shoot them back that they have no plans on bonus issue, nor make changes to shareholding structure.

Alex Foo

12,581 posts

Posted by Alex Foo > 2017-07-03 07:59 | Report Abuse

so no need expand. good. maintain at current level. share price rocket up tp20 buy and hold.

nekosan

3,637 posts

Posted by nekosan > 2017-07-03 09:15 | Report Abuse

is ok, Bullmarketz is not controlling stake holder of petronm. just a ikan bilis

Posted by talkyourkok > 2017-07-03 10:10 | Report Abuse

You sold, because you are stupid, you are stupid because you thought you are a genius.

Posted by younginvestor92 > 2017-07-03 15:28 | Report Abuse

you can only choose aggressive growth or dividend..... how to expect two edge sword?

yapts

555 posts

Posted by yapts > 2017-07-03 17:49 | Report Abuse

Once you sold the price shoot up! Buy back ? Contrarian???

Flintstones

1,762 posts

Posted by Flintstones > 2017-07-03 17:50 | Report Abuse

hahaha, contrarian in wrong direction?

yapts

555 posts

Posted by yapts > 2017-07-03 17:55 | Report Abuse

Contrarian , don't act smart, you should have sold it when it touches > RM 8.50 {so many occasions} and buy back around RM 7.20. That is called Contrarian.

leelc99

871 posts

Posted by leelc99 > 2017-07-03 19:02 | Report Abuse

Hahaha when I read this I want to laugh! https://klse.i3investor.com/blogs/Bullmarketz/126535.jsp

yapts

555 posts

Posted by yapts > 2017-07-03 19:30 | Report Abuse

I have a strong feeling someone want to collect Petron cheap by creating the fear but backfired!

nekosan

3,637 posts

Posted by nekosan > 2017-07-05 09:20 | Report Abuse

lol, another half pass 6 Bullmarketz ... petronm to break 8 soon ...
hahaha

nekosan

3,637 posts

Posted by nekosan > 2017-07-05 09:21 | Report Abuse

next time after sell, wait 1-3 months, when petronm confirm price down, then only post ... hahaha

market is not owned by you alone genius

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