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17 comment(s). Last comment by Sslee 2023-06-07 09:29

i3lurker

13,606 posts

Posted by i3lurker > 2023-05-27 14:29 | Report Abuse

sslee
Please help to submit my Questions to BOD as well

List of my Questions to help shareholders

Question 1
Please pay dividend once every 5 years to increase savings from processing fees.
or better still no dividends and use cash to grow the company

Question 2
Company should keep all financial info as P&C

Question 3
Company should keep all financial info as P&C

Question 4
Company should keep all financial info as P&C

Question 5
Will the company consider no dividends to help company grow faster

Question 6
Company should keep all financial info as P&C

Question 7
Company should keep all financial info as P&C to prevent fraudulent transfer at land office.

Question 8
Company should keep all financial info as P&C

Question 9
Company should keep all financial info as P&C

Question 10
Will company consider a share consolidation of 3 to 1 to reduce expenses of share registration services. Any savings always benefits shareholders.
Will also help keep share price more stable for the benefit of existing shareholders

Sslee

4,690 posts

Posted by Sslee > 2023-05-27 17:45 | Report Abuse

I3lurker,
Are you sure these are the queations and not the answers to my 10 questions?

i3lurker

13,606 posts

Posted by i3lurker > 2023-05-29 12:43 | Report Abuse

This is the usual Malaysian way.
Its called KBK
The Questions are given
and then Answers are supplied.

You give your Questions to BOD
then give my Answers to BOD
BOD give you my Answers to you.

QED

This way the entire BOD graduated with First Class Honours.

Sslee

4,690 posts

Posted by Sslee > 2023-05-29 13:02 | Report Abuse

My questions are actually trying to avoid the P&C by engaging the BOD and Management team to talk a little bit more on Petronm prospects in optimising resources and pursuing better yielding investments in retail network expansion.

i3lurker

13,606 posts

Posted by i3lurker > 2023-05-29 13:06 | Report Abuse

petron is actually deretailing.

petron outlets that used to have atm got rid of their atm, unwilling to pay rental.
petron outlets that used to sell fresh food got rid of their fresh food unwilling to have more SKU.
petron outlets total sku had reduced drastically such that many things you want to buy you can ONLY get at Petronas petrol station
petron outlets are anti-Chinese by totally refusing to sell Chinese language newspapers.
Petronas outlets are pro-Chinese coz many selections of Chinese language newspapers.

In any emergency, please ONLY go to Petronas outlets coz they have complete selection of car repair items.

Sslee

4,690 posts

Posted by Sslee > 2023-05-29 13:25 | Report Abuse

I3lurker,
Petchem quarter ended 31 March result out
Save by Fertilisers and Methanol profit. Look like need to wait another very bad quarter to collect Petchem below Philip cost.

Segment profit for the period 1
Individual quarter ended 31 March
In RM Mil 2023: 2022
Restated
Olefins and Derivatives: 170: 733
Fertilisers and Methanol: 533: 1,172
Specialties: (29): 163
Others2: (138): 4
Total 536: 2,072

i3lurker

13,606 posts

Posted by i3lurker > 2023-05-29 13:35 | Report Abuse

Normal people are externally motivated.
The super rich are internally motivated.

so when Philip jumps from KLCC after losing all his money, you will also jump from KLCC?

Sslee

4,690 posts

Posted by Sslee > 2023-05-29 13:57 | Report Abuse

I3lurker,
KLCC already outdated, the newly one "The Merdeka 118" will be the new landmark.

Sslee

4,690 posts

Posted by Sslee > 2023-05-29 15:05 | Report Abuse

By the way I am very motivated to collect Pchem below Philip cost.

Methanol price
Jan: USD 389
FEB: USD 376
March: USD 361
April: USD 353
May: USD 341

Urea
Jan: USD 444
Feb: USD 358
March: USD 314
Apri: USD 314

qqq47660

8,707 posts

Posted by qqq47660 > 2023-05-29 16:40 | Report Abuse

bursa is waste of time and talent...................... wall Street and HK is where knowledge is rewarded.

Sslee

4,690 posts

Posted by Sslee > 2023-05-29 17:02 | Report Abuse

qqq3,
You are right. People like Philip, Icon888 and choivo capital already migrate to US market.

Sslee

4,690 posts

Posted by Sslee > 2023-05-29 17:09 | Report Abuse

If you have bought Tesla at beginning of year, you are already up 78.70 %

193.17 USD +85.07 (78.70%)year to date

qqq47660

8,707 posts

Posted by qqq47660 > 2023-05-29 19:01 | Report Abuse

at 190 tesla is still ok .........................

legacy autos having a very very hard time in catching up. I mean China will do well in EV but there will also be non China brands and it will be tesla.

i3lurker

13,606 posts

Posted by i3lurker > 2023-05-29 22:33 | Report Abuse

Tesla cannot compete with EVs from VW, Merc & Porsche

qqq47660

8,707 posts

Posted by qqq47660 > 2023-05-30 00:04 | Report Abuse

Posted by i3lurker > 1 hour ago | Report Abuse

Tesla cannot compete with EVs from VW, Merc & Porsche

============


and that is the point.........................I have changed my opinion in recent months. All legacy auto companies have big problems and cannot compete with ev companies.

TakeProfits

1,229 posts

Posted by TakeProfits > 2023-06-06 16:33 | Report Abuse

Thanks SSLee....in your efforts for minority shareholders..Great work. Maybe Kenaga is quietly getting their clients to buy Petron too...

Sslee

4,690 posts

Posted by Sslee > 2023-06-07 09:29 | Report Abuse

You are welcome

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