Khye Lock Tneoh RHB will do the necessary to recover the loss incurred in CB !! FYI - RHB nor any other bank issuing SW does not bet against their customers. Customers bet on price whilst the banks bet on volatility.
Petron Corporation (the parent company) will release quarterly result tmr, but it wont have financial detail of Malaysian unit (referring to Q1 annoucement).
Petronm usually release at the final week of the month.
Refinery shut down for Petronm in Q4 2015 caused almost 70% less income. Let's say this quarter for petron Philippine is 70% less. that is 4.1bx30% = 1.23b from phillipine. So petronm is 2.6b-1.23b= 1.37b peso. That is equal to RM116million. EPS- RM0.42. Just my estimation. Any sifu can commend ?
Sifu probability, what is your calculation on 2q earnings ? Any clue to it based on the parent's result. Hope you can share your comments here. Thank you in advance.
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Posted by sheldon > 2017-08-09 10:40 | Report Abuse
Khye Lock Tneoh RHB will do the necessary to recover the loss incurred in CB !! FYI - RHB nor any other bank issuing SW does not bet against their customers. Customers bet on price whilst the banks bet on volatility.