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Last Price

4.30

Today's Change

-0.01 (0.23%)

Day's Change

4.30 - 4.32

Trading Volume

17,300


10 people like this.

19,330 comment(s). Last comment by mf 2 weeks ago

Posted by Dragonpick > 2017-08-04 09:03 | Report Abuse

Mother seems sellers dried up, volume so thin nowadays. All holding tight ??

Posted by Dragonpick > 2017-08-04 09:05 | Report Abuse

UMA ??

Awet91

1,934 posts

Posted by Awet91 > 2017-08-04 09:15 | Report Abuse

KUALA LUMPUR (Aug 4): RHB Retail Research said Petron Malaysia Refining & Marketing Bhd may rise higher after it formed a second consecutive white candle.

In a trading stocks note today, the research house said yesterday’s close has sent the stock to its new 52-week high, thereby enhancing the bullish sentiment.

“A bullish bias may appear above the RM9.00 level, with an exit set below the RM8.20 threshold.

“Towards the upside, the immediate resistance point is anticipated at the RM10.00 level. This is followed by the RM12.00 threshold,” it said.

Posted by Khye Lock Tneoh > 2017-08-04 09:18 | Report Abuse

Surprisingly the article is from RHB !

Explode

1,171 posts

Posted by Explode > 2017-08-04 09:18 | Report Abuse

Nice playing swing, afternoon CD will trade above .45

DrNeo

13 posts

Posted by DrNeo > 2017-08-04 09:20 | Report Abuse

Hahah, the target was set by me long ago, copy cat RHB !

Explode

1,171 posts

Posted by Explode > 2017-08-04 09:28 | Report Abuse

my average 0.322

AliCafe

81 posts

Posted by AliCafe > 2017-08-04 09:29 | Report Abuse

sold all..reach my own tp. good luck guys, will come back again when the price is within my MOS

Posted by Aiden Kai Wen > 2017-08-04 09:31 | Report Abuse

since its friday, the momentum will less likely to continue on next monday right?

DrNeo

13 posts

Posted by DrNeo > 2017-08-04 09:33 | Report Abuse

Noted mother's volume extremely thin, meaning can go forcefully all up to revised TP of 13, just be patient.

Explode

1,171 posts

Posted by Explode > 2017-08-04 09:44 | Report Abuse

haha this superstrong so funny, keep attacking Petronm since May

Posted by Imposterranger > 2017-08-04 09:48 | Report Abuse

This guy not strong one la, still call himself superstrong.............get lost fast fast

Explode

1,171 posts

Posted by Explode > 2017-08-04 09:56 | Report Abuse

When you writing this rubbish comments, I am already made money that enough for my living expenses for few years. This is call reality

Awet91

1,934 posts

Posted by Awet91 > 2017-08-04 09:57 | Report Abuse

While superstrong super lost i think huhu

Explode

1,171 posts

Posted by Explode > 2017-08-04 10:02 | Report Abuse

Laugh die me....

jebat

559 posts

Posted by jebat > 2017-08-04 10:07 | Report Abuse

next 10

Explode

1,171 posts

Posted by Explode > 2017-08-04 10:29 | Report Abuse

Don't so childish lah, ppl wrote with full analysis. You just a dog keep barking here and there.

Awet91

1,934 posts

Posted by Awet91 > 2017-08-04 10:32 | Report Abuse

Superstrong comment here and delete it.

Explode

1,171 posts

Posted by Explode > 2017-08-04 10:38 | Report Abuse

what a shame...

Explode

1,171 posts

Posted by Explode > 2017-08-04 10:39 | Report Abuse

petronm soon to reach first tp 10.00

Newmaster

485 posts

Posted by Newmaster > 2017-08-04 10:41 | Report Abuse

KYYMachai, pls advise if golden opportunity arises. Will follow you double this time

Posted by callmemaybe > 2017-08-04 10:46 | Report Abuse

http://www.theedgemarkets.com/article/petrons-ang-sees-malaysia-gold-profit-jumps-expansion

(July 13): Amid a slump in the price of oil, Petron Malaysia Refining & Marketing Bhd has recorded a surge in profit that will get even better as the company initiates expansion plans, according to Chairman Ramon Ang.

Ang, 63, who is also the president of Petron Corp, the Philippines’ largest oil company, said the profit trend at its Malaysian unit will continue after it completed plant repairs and rebranding of its gas stations last year. In May, Petron Malaysia reported first-quarter profit jumped to 108.5 million ringgit (US$25.3 million), from 16.6 million ringgit a year earlier. Shares of the company gained as much as 2.3% in Kuala Lumpur, after the market opened.

“Moving forward, we believe the profit will be better,” Manila-based Ang said in an interview on Monday. Petron is part of the larger San Miguel Corp, one of the Philippines’ biggest companies, with interests ranging from energy and infrastructure to beer.

The jump in profit underscores wider margins and improved operating efficiency in the Malaysian downstream business bought from Exxon Mobil Corp for US$610 million in 2011. The company is also in the midst of finalising plans to upgrade the Malaysian refinery to meet Euro-5 and, later, Euro-6 standards for cleaner fuel, Ang said.

Operating income at parent Petron in the Philippines may reach between 2 billion pesos (US$39.5 million) to 2.5 billion pesos a month in the third quarter, signaling a turnaround for the company, according to Ang.

Petron Malaysia has surged 86% so far this year, making it the best performer on a gauge of Malaysia’s top 100 companies, while Petron has slid 3.6% during the same
period in Manila.

paperplane

21,650 posts

Posted by paperplane > 2017-08-04 10:46 | Report Abuse

by this month sure RM10, now swingly slowly upwards

kai8994

404 posts

Posted by kai8994 > 2017-08-04 10:48 | Report Abuse

The industry is having a good time now (increasing operating margin). Don't get too worried because of the seemingly high price (in absolute value).

Remember even F&N could rise from RM17+ to RM25+ within 6 mnths last year, when the industry they operate in was having great time (low commodity price boosted their margin).

And this is exactly the perfect time for refiners :)

jebat

559 posts

Posted by jebat > 2017-08-04 11:01 | Report Abuse

agree...

Newmaster

485 posts

Posted by Newmaster > 2017-08-04 11:02 | Report Abuse

Yes, hold tight tight

Awet91

1,934 posts

Posted by Awet91 > 2017-08-04 11:26 | Report Abuse

Not mention aji

UncleMau

211 posts

Posted by UncleMau > 2017-08-04 11:40 | Report Abuse

Posted by KYYMachai > Aug 4, 2017 11:36 AM | Report Abuse

Saya ikut stocknanmy dan activeinvestor, they appear to have powerful investor and punter network

Posted by Aiden Kai Wen > 2017-08-04 11:42 | Report Abuse

any advise on cd?

UncleMau

211 posts

Posted by UncleMau > 2017-08-04 11:48 | Report Abuse

Posted by KYYMachai > Aug 4, 2017 11:28 AM | Report Abuse

Golden opportunities are always around, just stay tuned, will advise later

Awet91

1,934 posts

Posted by Awet91 > 2017-08-04 11:54 | Report Abuse

Dont sell first,wait after smbhyg jumaat then u will see cd price up like yesterday at 4pm.

KYYMachai

140 posts

Posted by KYYMachai > 2017-08-04 11:56 | Report Abuse

CC whacking will start soon, juz note

zoizai

1,477 posts

Posted by zoizai > 2017-08-04 12:50 | Report Abuse

http://www.petron.com/web/Media/uploads/_Briefing_for_2017_First_Semester_Results_(Notice)._._.pdf

by next Thursday we can know the result. good luck

paperplane

21,650 posts

Posted by paperplane > 2017-08-04 13:17 | Report Abuse

Yeah. It is a good indicator I remember last time Philippines announced first. So you can front run knowing the results.

paperplane

21,650 posts

Posted by paperplane > 2017-08-04 13:18 | Report Abuse

That's why it is best stock to play. Also hengyuan and petronm running hand in hand besides. Good

LaLaLa

162 posts

Posted by LaLaLa > 2017-08-04 13:48 | Report Abuse

same paperplane or just another dupe? Lol.

investor77

809 posts

Posted by investor77 > 2017-08-04 13:50 | Report Abuse

CC has better value than CD. why CD rose more ?

Explode

1,171 posts

Posted by Explode > 2017-08-04 13:53 | Report Abuse

CC gonna expired soon 29/09/2017

paperplane

21,650 posts

Posted by paperplane > 2017-08-04 13:54 | Report Abuse

IT is me lah........hehe. Change my pic only. and name

KYYMachai

140 posts

Posted by KYYMachai > 2017-08-04 13:56 | Report Abuse

Yes investor77, u r right ! Explode, later no one will bother jus watch !

paperplane

21,650 posts

Posted by paperplane > 2017-08-04 13:58 | Report Abuse

Raider too conservative loh

EPS hengyuan estimated RM3 mah. so RM3xP.E-7=RM21 loh. Very near my estimation of RM18 loh. RM10 margin stock LOH!

EPS PEtronm estimated RM1.60 loh. P/E=7=RM11.20 loh. But PetronM got petrol station business, deserve higher P/E loh. If P/E is 10=RM16 loh.

Explode

1,171 posts

Posted by Explode > 2017-08-04 14:29 | Report Abuse

i think later CD will trade above .500

stocknanmy

105 posts

Posted by stocknanmy > 2017-08-04 14:43 | Report Abuse

Kawan kawan, nanti cuba lagi belakang mari oh, nak ke ??

Jualan la yg belum lagi tu. Kita tetap akan ambil alih.

Posted by RB Edfron Koh > 2017-08-04 14:45 | Report Abuse

gogogofo

Posted by Gaybird Lim > 2017-08-04 14:45 | Report Abuse

Fund managers start working?

stocknanmy

105 posts

Posted by stocknanmy > 2017-08-04 14:47 | Report Abuse

Habiskan cc, ok ?

Explode

1,171 posts

Posted by Explode > 2017-08-04 14:48 | Report Abuse

engine start

KYYMachai

140 posts

Posted by KYYMachai > 2017-08-04 14:49 | Report Abuse

Jump jump rushing

Explode

1,171 posts

Posted by Explode > 2017-08-04 14:51 | Report Abuse

today mother above 10.0 can ar....

KYYMachai

140 posts

Posted by KYYMachai > 2017-08-04 14:52 | Report Abuse

Dun play play ah

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