You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

4.50

Today's Change

0.00 (0.00%)

Day's Change

4.50 - 4.52

Trading Volume

16,000


10 people like this.

19,274 comment(s). Last comment by AzlanIshtiqal 2 days ago

James_Bond

3,252 posts

Posted by James_Bond > 2024-04-19 10:34 | Report Abuse

Breaking news: Israel attacking Iran!

James_Bond

3,252 posts

Posted by James_Bond > 2024-04-19 10:34 | Report Abuse

Go go go PetronM!

Posted by wallstreetrookieNEW > 2024-04-20 14:38 | Report Abuse

Buying Petron at open this Monday. I ain't letting this opportunity slip away this time.

Posted by wallstreetrookieNEW > 2024-04-20 14:38 | Report Abuse

2017 - 2018 oil bull run 2.0

Posted by EngineeringProfit > 2024-04-20 15:30 | Report Abuse

Yup, parking RM 1 mil here, no fears

Posted by kohcl130562 > 2024-04-20 20:07 | Report Abuse

Price will only go up if the crack spread escalate upwards

hhhiii123

791 posts

Posted by hhhiii123 > 2024-04-25 20:42 | Report Abuse

go go dividend

Posted by EngineeringProfit > 2024-04-25 21:15 | Report Abuse

Wow....hihi

speakup

26,146 posts

Posted by speakup > 2024-04-25 21:27 | Report Abuse

4.7% dividend. Nice but not as nice as some REITs giving 6%

dompeilee

11,887 posts

Posted by dompeilee > 2024-04-26 09:07 | Report Abuse

Shucks! Shld not hv waited till the last minute to re-purchase my SOLD shrs but I did...anyway, BOUGHT 6 lots back @ 4.90 this morning.

James_Bond

3,252 posts

Posted by James_Bond > 2 months ago | Report Abuse

Please be informed that I m going to dispose PetronM slowly…

James_Bond

3,252 posts

Posted by James_Bond > 2 months ago | Report Abuse

Found better shares to invest in… cheers…

dompeilee

11,887 posts

Posted by dompeilee > 2 months ago | Report Abuse

Fortunately, your (highly unnecessary) bulletin is unable to depress Petron's share price at all! It's likely up up UPPP all the way till the last day b4 ex-divvy!

1288Go

153 posts

Posted by 1288Go > 2 months ago | Report Abuse

Wah so CEPAT arh...you all make bikix want to jual, jual..
Can wait arh for it to get to 6 ringgit...
Fast premature players..
🤔...hmmmm

dompeilee

11,887 posts

Posted by dompeilee > 2 months ago | Report Abuse

Am RIGHT🎯🎯🎯 again! $5 & above meaning that my expensive $4.90 shrs are also in the 💰💰💰!

1288Go

153 posts

Posted by 1288Go > 2 months ago | Report Abuse

10c oony also CEPAT CEPAT mahu jual. Everybody want to makan bilis plofit ooony arh...
Let it run further lar. All rushing to the gates for 5c,,;10c...plofit.
No wonder Petron cannot naik...
Worse still tak de institutional support.
Hairan No institutional support !!

dompeilee

11,887 posts

Posted by dompeilee > 2 months ago | Report Abuse

Only the forumer who has a license to earn ikan bilis profit has sold. I have not sold a single unit! Experienced perennial stockmarket earners like me know it's best to hold until at least the last day before ex-dividend to get the best capital gain!

James_Bond

3,252 posts

Posted by James_Bond > 2 months ago | Report Abuse

Hot money in Tech sector! Remember to come and join us!

dompeilee

11,887 posts

Posted by dompeilee > 2 months ago | Report Abuse

HohoHOOOO...those who were still hoping to get below $5...you can fergghedaboutit!!!😆

Dehcomic01

318 posts

Posted by Dehcomic01 > 2 months ago | Report Abuse

Bursa Petron Malaysia is a refinery cum petrol station business. Many believes that electric vehicles would eventually disrupt the petrol station business. But I suspect that it is probable a decade away.
Does this mean that we should no consider investing in Petron Malaysia? Over the past 12 years, the company delivered an average return that was greater than its cost of funds. This is a financially sound company whose performance is affected by crude oil prices.
Taking the performance over the oil price cycle into account, I found that there is a sufficient margin of safety from both the Asset Value and Earnings Power Value.
Unless you have decades of investing horizon, I would think the is a counter worth a look
For more insights go to page 20 of Invest https://notice.shareinvestor.com/email/newsletter/invest/pdf/Vol207-Invest-17May.pdf

dompeilee

11,887 posts

Posted by dompeilee > 2 months ago | Report Abuse

🤗😘😊 The price action suggests that insiders(or not) are looking for better-than-expected results!

1288Go

153 posts

Posted by 1288Go > 2 months ago | Report Abuse

Very enticing Domp dump...getting us to buy.
You smart operator 😂

sheldon

1,405 posts

Posted by sheldon > 1 month ago | Report Abuse

Yes good earnings performance over the years and very good net asset backing but all this is NOT reflected in the share price. Only we see it but the investors with deep pockets are NOT interested.

The only medicine for such a situation is for the company to start paying out big chunks of the profits in the form of DIVIDENDS so that shareholders are rewarded and those that stood by the sidelines will feel regretful!

ivanlau

1,353 posts

Posted by ivanlau > 1 month ago | Report Abuse

If based on forward eps 90x 6.5 pe , the fair value will be rm 5.85 , today closing 5.17 , think about that........

James_Bond

3,252 posts

Posted by James_Bond > 1 month ago | Report Abuse


PetronM faces a threat from Saudi Aramco’s possible entry into Malaysia’s fuel retailing market, on top of the impending withdrawal of fuel subsidies, CGS International warned.

Aramco is reportedly negotiating to acquire Shell’s 950 retail fuel stations in Malaysia, which if a deal materialises, could heighten competition in the country, CGS said. Aramco will rebrand the stations and will offer promotions to retain existing customers and attract new ones, it said.

That “could be a potential de-rating catalyst” for PetronM. PetronM has 770 stations at present day where Shell’s 950 stations probably register higher sales due to first-mover advantage and multiple strategic locations in high-traffic areas.

Reuters reported on Monday (May 6) that Aramco has been in talks with Shell since late 2023 for the deal that could be worth up to US$1 billion (RM4.74 billion).

“We think that higher pump prices could encourage carpooling and disincentivise the unlawful moving of subsidised fuel to foreign countries,” which may ultimately reduce PetronM sales volume, the research house said.

James_Bond

3,252 posts

Posted by James_Bond > 1 month ago | Report Abuse

Hohoho… those stil holding this company would miss the golden opportunity to flip your fortune in tech stocks! Haha!

James_Bond

3,252 posts

Posted by James_Bond > 1 month ago | Report Abuse

Invited you all to join us, don’t listen, serve you right! Haha!

dompeilee

11,887 posts

Posted by dompeilee > 1 month ago | Report Abuse

dompeilee

Shucks! Shld not hv waited till the last minute to re-purchase my SOLD shrs but I did...anyway, BOUGHT 6 lots back @ 4.90 this morning.

1 month ago


Petron today closes at the HIGHEST in 22 months! James_Bodoh is the ultimate FOOL, selling @ $4.90...I took the opportunity to cash out HALF my stake @ $5.19, earning more nett of commission than the dividend quantum sacrificed! Cheers~ !😻 📈💲

sheldon

1,405 posts

Posted by sheldon > 1 month ago | Report Abuse

Dompeilee - You bought 4.90 ex or cum price?

sheldon

1,405 posts

Posted by sheldon > 1 month ago | Report Abuse

Dompeilee - You bought 4.90 ex or cum price?

dompeilee

11,887 posts

Posted by dompeilee > 1 month ago | Report Abuse

Cum in late Apr, but averaged with my 2022 shares comes to $4.85.

fusing79

108 posts

Posted by fusing79 > 1 month ago | Report Abuse

why drop so fast ?

speakup

26,146 posts

Posted by speakup > 1 month ago | Report Abuse

Drop for u buy cheap mah

James_Bond

3,252 posts

Posted by James_Bond > 3 weeks ago | Report Abuse

You should know what to do when uncivilized person texting in the forum… uncivilized people most likely lead others to holland… and copy smart investors buy call and stealing thunder away from them…

subwayzzz

1,061 posts

Posted by subwayzzz > 1 week ago | Report Abuse

panic panic

Posted by AzlanIshtiqal > 1 week ago | Report Abuse

tak perlu panic. Pteron akan terbang semasa harga RON 95 naik

speakup

26,146 posts

Posted by speakup > 4 days ago | Report Abuse

Bought some Petronm
Who want follow me?

subwayzzz

1,061 posts

Posted by subwayzzz > 4 days ago | Report Abuse

oil rise spells trouble for refineries

speakup

26,146 posts

Posted by speakup > 4 days ago | Report Abuse

Budak baru

Posted by xGeminix > 4 days ago | Report Abuse

Bought some today. Waiting rebound

speakup

26,146 posts

Posted by speakup > 3 days ago | Report Abuse

PE 5x
NTA 9.22
Super undervalued. Probably will Privatized in the future

Posted by AzlanIshtiqal > 3 days ago | Report Abuse

Operators akan goreng petronm lagi

speakup

26,146 posts

Posted by speakup > 3 days ago | Report Abuse

PE only 5x!
P/B only 0.48!
murah giler!

subwayzzz

1,061 posts

Posted by subwayzzz > 3 days ago | Report Abuse

many stocks in bursa malaysia are having these characteristics but they never get to go up

speakup

26,146 posts

Posted by speakup > 3 days ago | Report Abuse

Discounted Cash Flow give Petronm fair value 7.18

sheldon

1,405 posts

Posted by sheldon > 2 days ago | Report Abuse

I see the Petron Station in Damansara closed for more than a week. This is the 2nd time even though business is very good. That's a big loss of revenue. WHY????

Posted by AzlanIshtiqal > 2 days ago | Report Abuse

Perlu tanya management tentang hal tersebut ...

Post a Comment