Posted by Flintstones > 2017-08-24 20:55 | Report Abuse

Hehehe. Now waiting for Jay sifu to come out and enlighten us.

Posted by Flintstones > 2017-08-24 20:55 | Report Abuse

Good article sumato

Posted by 3iii > 2017-08-24 21:03 | Report Abuse

>>>So to me, 2Q17 wasn't great but a decent quarter, especially the company's operating cash flow remain strong and has turned net cash in this quarter (RM90m). This is a different animal as compared to Hengyuan, which has huge debt and has no stable and profitable retail biz. So pls don't make stupid comparison without differentiating the 2, just like I never expect Petronm to trade up to PetDag's 25x PE. <<<


Fair write up with your assumptions well argued.

Posted by probability > 2017-08-24 21:03 | Report Abuse

agree with sumato88..its inline with my deductions too

Posted by stockraider > 2017-08-24 21:08 | Report Abuse

PRECISELY THE ABOVER ARTICLE IS CORRECT LOH RAIDER'S SIFU SENIOR ANALYST ADVICE, JUST IGNORE THE NOISES AND FOCUS ON THE FACTUAL GOOD RESULT LOH...!!

Raider after discussing with sifu senior analyst enclosed herewith my sifu recommendations on HRC;

1. My Sifu says no need to panic after all HRC is undervalue stock with PE 4x or less basing on EPS of Rm 2.00. Should hold out well, even if PNB aggressively dispose loh....!! But if u cannot afford to hold, set defense by selling only, once Rm 8.00 is breached.

2. PNB only sold abit around Rm 8.30 level less than 100k share, look like, they also know good the value of HRC loh...!! They will only dispose slowly on way up to maximise return loh...!! So do not expect it to aggressively sale loh..!!

3.Some of call warrant investment bankers, may decide to buy more HRC to hedge ,thus this will give good buy support for HRC loh.!!

4. HRC is expected super record earnings in 2017 with eps exceeding rm 2.00 compare to the previous eps historical record of rm 1.74 in 2005. In 2005 the price range of HRC is Rm 8.50 to Rm 12.30 mah..!!
Today HRC price is only Rm 8.50, and with EPS exceeding Rm 2.00, thus should be able to support current share price & even got chance to appreciate over & above rm 12.30 in short term loh...!!

5. The crack margin now is usd 12.80 per barrel compare to 2005 crack margin historical record of USD 7.50 per barrel, this will ensure sustainable growth is eps of HRC loh....!!

6. Before PNB soldown, there is a substantial increase in volume, indicating alot of interest in HRC, thus should be able to absord good amount of selling pressure.

Conclusion

Raider senior analyst say best strategy is to hold tight and monitor the Q2 result, which expected to be good in a few days loh, do not be afraid of PNB selling bcos it is just a temporary noises loh...!!

Go for longer term investment raider's sifu senior analyst advice, bcos u cannot find such a good performance company, like hrc trading at undemanding low prices currently loh...!!

Good Luck !! Cheers !

BTW THE Q2 RESULT OF PETRON REALLY GOOD SHOULD BENEGIT HRC TOO LOH..!!

Posted by stockraider > 2017-08-24 21:15 | Report Abuse

Posted by 3iii > Aug 24, 2017 09:03 PM | Report Abuse

>>>So to me, 2Q17 wasn't great but a decent quarter, especially the company's operating cash flow remain strong and has turned net cash in this quarter (RM90m). This is a different animal as compared to Hengyuan, which has huge debt and has no stable and profitable retail biz. So pls don't make stupid comparison without differentiating the 2, just like I never expect Petronm to trade up to PetDag's 25x PE. <<<

Fair write up with your assumptions well argued.

RAIDER COMMENT;

NOT TRUELOH...!!
IN 2010, HRC TRADE AT RM 10.40 TO RM 11.00 WITH EPS OF RM 0.375 PE 30X EXCEEDING PET DAG CURRENT OVERVALUE PE 24X TODAY LOH...!!

WHY HRC, GOT SUCH SUCH A GOOD RATING AND HIGH VALUATIONLE LEH ??
IT IS DUE ANALYST VALUATION CONFIDENCE AFTER FEW YRS OF STEADY EARNINGS LOH....!!

THE SAME CAN HAPPEN TO HRC AND PETRON, WITH GOOD EARNINGS AND DUE FOR STRONG RERATING LOH....!!

Posted by eyewitness > 2017-08-24 21:46 | Report Abuse

Petron group had a 45-day maintenance shutdown. That could have occurred at its Bataan refinery.
If shutdown were at Petron Malaysia's refinery, would revenue have gone up?

Posted by supersaiyan3 > 2017-08-24 21:59 | Report Abuse

Well written! Totally agree!

Posted by soojinhou > 2017-08-24 22:05 | Report Abuse

Uncle, don't spoil market leh

Posted by Bizfuneng > 2017-08-24 22:45 | Report Abuse

Haha......predicting the price will go up tmr!!!!!. I hope it can drop for a while for me to pick some more.

Posted by stockraider > 2017-08-24 23:32 | Report Abuse

Posted by happy888 > Aug 24, 2017 11:17 PM | Report Abuse

And i remember exactly 1 sifu who promote like no tomorrow that petron is heaven made. The next day when it drop... that similar sifu come out and say this... this incident should serve as a lesson to investor to never chase high and hype. Somemore add salt to injury bcos i buy at the opening of 8.91.
Tiu lar. I kena before. If u r true investor... wait. Dun kena like me. If drop kaw2 tomorrow dun say u r not warned.

If u untung then good lar. I am happy for u. Invest stock is to earn. Not get trap at highest peak then kena ejek by the same person who put u up there.

LIKE THAT ALSO SCARE....BETTER STAY & REMAIN IN THE HOSPITAL LOH...!!

PETRON 6 MTHS AGO SHARE PRICE WAS RM 6.25....!!

3 MONTHS AGO WAS RM 8.20 MAH.....!!

TODAY RM 9.29 LOH.....!!

YA...TOMORROW SHOULD GO UP LOH....!!
BCOS GOOD RESULT MAH....!!
MOST SELLER WANT TO SELL ALREADY SOLD LOH...!!

Posted by paperplane > 2017-08-25 00:43 | Report Abuse

Wow! Plant maintenance 25days! No wonder lah!!!! Did not saw that in Philippines r

Posted by Wei Hong > 2017-08-25 08:18 | Report Abuse

not 45 days?

Posted by abang_misai > 2017-08-25 12:52 | Report Abuse

luckily bought some this morning

Posted by seriousman > 2017-08-25 13:46 | Report Abuse

Thank you sumato88 for the article, I am grateful that you are still with us here. Cheers !

Posted by njue76 > 2017-08-25 14:50 | Report Abuse

load again at 8.95..tq panic seller

Posted by invest turtle > 2017-08-26 10:32 | Report Abuse

hi sumato, where do u find the info abt 25 days shut down for plant maintenance?

http://www.petron.com/web/Media/uploads/08_14_17_-_SEC_Form_17-Q_(2nd_Quarter_2017)_(as_filed_with_SEC_on_August_14,_2017)._._.pdf

Posted by neftegazconsultant > 2018-03-29 07:05 | Report Abuse

RUSSIAN PETROLEUM PRODUCT AVAILABLE ON FOB AND CIF BASIS.

We are an official Oil & Gas Trading Company / Mandate working with Russian Petroleum Refinery which deals on Russian Petroleum Product Service such as JP54, D2, D6, JA-1 with good and workable procedure.. We are expert in exportation of Russian Petroleum Product around the globe. Are you tired of time waste and fake seller or brokers? look no further contact us today for best and quality product available in seller's tank in Rotterdam.

Maksim Yaroslav (Mr.)
EMAIL: neftegazconsultant@yandex.ru
EMAIL: neftegazconsultant@mail.ru
Skype: neftegazconsultant
TEL: +7 9265036551

Posted by neftegazconsultant > 2018-05-07 23:03 | Report Abuse

JP54 - D6 - JET A1 - D2 AVAILABLE ON CI DIP AND PAY FOB ROTTERDAM

WE HAVE AVAILABLE PETROLEUM PRODUCTS FROM RELIABLE REFINERY IN RUSSIAN FEDERATION WITH BEST AND QUALITY PRICE.
BELOW PRODUCT ARE AVAILABLE WITH BEST OFFERS - FOB CI DIP AND PAY ROTTERDAM

JP54: Quantity: 500,000-2,000,000 Barrels
JetA1: Quantity: 500,000-2,000,000 Barrels
D2: Quantity: 50,000-150,000 Metric Tons
D6 Virgin: Quantity: 400,000,000-800,000,000 Gallon

SERIOUS BUYERS PLEASE CONTACT US FOR MORE DETAILS WITH YOUR REQUIRED

Maksim Yaroslav (Mr.)
EMAIL: neftegazconsultant@yandex.ru
EMAIL: neftegazconsultant@mail.ru
Skype: neftegazconsultant
TEL: +7 9265036551

Posted by Alesya Balashova > 2018-08-03 05:24 | Report Abuse

Dear Buyer / Buyer mandate
We currently have JETFUEL, A1, JP54, D2, D6, Available On FOB Rotterdam / Hosuton with good and workable procedure, whereby the buyer will dip in seller's tank for proof of product.
Kindly Contact us via ( russianoilandgastradingllc@bk.ru ) for SCO.

BELOW PRODUCT ARE AVAILABLE WITH BEST OFFERS - FOB CI DIP AND PAY FOB PRODUCTS AVAILABLE

JP54: Quantity: 500,000-2,000,000 Barrels
JetA1: Quantity: 500,000-2,000,000 Barrels
D2: Quantity: 50,000-150,000 Metric Tons
D6 Virgin: Quantity: 400,000,000-800,000,000 Gallon

Sincerely,
Mrs Alesya Balashova
Email: russianoilandgastradingllc@yandex.ru
Email: russianoilandgastradingllc@bk.ru
Skype: russianoilandgastradingllc

Posted by neftegazconsultant > 2018-09-12 06:25 | Report Abuse

JP54 - D6 - JET A1 - D2 AVAILABLE ON CI DIP AND PAY FOB ROTTERDAM & HOUSTON

We are an official Oil & Gas Trading Company/Mandate working direct with Russian Petroleum Refinery which deals on Russian Petroleum Product such as JP54, D2, D6, JA-1 with good and workable procedure whereby buyer will dip test in seller tank with proof of product. Kindly Contact us via E-mail: { neftegazconsultant@yandex.ru } for SCO - Soft Offer.

Below are products and quantities available for urgent lift

JP54: Quantity: 500,000-2,000,000 Barrels
JetA1: Quantity: 500,000-2,000,000 Barrels
D2: Quantity: 50,000-150,000 Metric Tons
D6 Virgin: Quantity: 400,000,000-800,000,000 Gallon

Maksim Yaroslav
EMAIL: neftegazconsultant@yandex.ru,
EMAIL: neftegazconsultant@mail.ru
Skype: neftegazconsultant
https://neftegaz-energy-consultant.business.site/

Posted by neftegazconsultant > 2018-09-24 06:25 | Report Abuse

JP54 - D6 - JET A1 - D2 AVAILABLE ON CI DIP AND PAY FOB ROTTERDAM WITH UNCONDITIONAL DTA

We are an official Oil & Gas Trading Company/Mandate working direct with Russian Petroleum Refinery which deals on Russian Petroleum Product such as JP54, D2, D6, JA-1 with good and workable procedure whereby buyer will dip test in seller tank with proof of product. Kindly Contact us via E-mail: { neftegazconsultant@yandex.ru } for SCO - Soft Offer.

Below are products and quantities available for urgent lift

JP54: Quantity: 500,000-2,000,000 Barrels
JetA1: Quantity: 500,000-2,000,000 Barrels
D2: Quantity: 50,000-150,000 Metric Tons
D6 Virgin: Quantity: 400,000,000-800,000,000 Gallon

Maksim Yaroslav
EMAIL: neftegazconsultant@yandex.ru,
EMAIL: neftegazconsultant@mail.ru
Skype: neftegazconsultant
https://neftegaz-energy-consultant.business.site/

Posted by Vlahd Anichka Misha > 2019-01-11 16:45 | Report Abuse

I am a Broker to a Direct Mandate working with a reputable refinery, and we are to you, esteem buyers that the petroleum products you are looking for is available in our Tanks and Reservoir for immedaite lift and supply.

SUCH AS
1) JP54
2) JPA1
3) MAZUT
4) AGO
5) LNG
6) LPG
7) D2
8) D6
9) REBCO
10) EN590

Please contact us via our official email address.

E-mail: vlahdanichka_misha@mail.ru
phone :+79067109704
skype id:phoenix.tearsoil@bk.ru

Best Regards
Thank You

VLAHD ANICHKA MISHA

Posted by Heavenly PUNTER > 2019-03-29 19:06 | Report Abuse

i want to buy jetfuel for my Boeing 737 Max 8