One reason to own Petron Malaysia Author: wltan22 | Publish date: Thu, 5 Jan 2017, 04:17 PM
You can see above since 2012 took over by Petron Philippines, the company generate positive free cash flow every year. 1 The borrowings at 2012 and 2014: 1,100,000,000.00 2. The borrowings at 30th September 2016 : 379,415,000.00 3. Repayment of borrowing in 4 years : RM720,585 (65.5%) 4. Author’s view : if we turn the repayment of borrowing to dividend is about 0.66 cents per share. DY : 8% ( current price :8.35)
yup...and oil price only matters between the reporting period as the stock value gets reported as a gain or loss depending on the price change...which any case reverses when the prices to returns to initial, meaning for long term valuation it has no impact at all.
Posted by skyea > May 27, 2017 12:51 AM | Report Abuse
dun need to worry about oil price. refiners earn on crack spread, they will earn regardless of oil being 100 or 27.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
aseng
8,633 posts
Posted by aseng > 2017-05-26 14:51 | Report Abuse
paperplane,
93 sen is not simple figure for hengyuan
40 sen is more reasonable
if both achieve 40 sen , then petronM will cheer but hengyuan will suffer