Posted by Intergritytrader > 2017-08-22 11:32 | Report Abuse

God bless those CD holders.. even price of underlying being push up but market maker of CD dunt want to push it. All CD holder wait ur money become a paperless when come to maturity...haha....
Thanks for choosing Ong Saja Kaya 's product.. all wait kena he sell until lu beh tahan...

Posted by UncleMau > 2017-08-22 11:39 | Report Abuse

Intergritytrader, thought you are GOD again ? Its too early to make conclusion at this point.

Posted by Intergritytrader > 2017-08-22 11:48 | Report Abuse

Petron hasnt break the high of the day yet.. maybe i m not wrong at all for my rm7 tp.

But for CD... haha... uncle want throw ur money into sea u r welcome to buy..ong trader most welcome to sell it to u...and uncle want throw money into sea u also welcome to buy ong ystd new issue hengyuan cf..

Act market got many issuer and market maker.. investor can choose other issuer rather than ong punya.. some good issuer is still there which u can make money through leveraging..

Posted by UncleMau > 2017-08-22 11:54 | Report Abuse

FYI, my CDs of 200,000 units cost at only 23 cents..............kikiki

Posted by Activeinvestor > 2017-08-22 13:45 | Report Abuse

Fully prepared to buy more if price purposely smashed down, come on if you dare.

Posted by lincm86 > 2017-08-22 14:26 | Report Abuse

Just voicing my opinion.
CD warrant would only expire next year, by that time PETRON would have announce the Q3 result which could be another good quarter. CD might go through another roller coaster.

Posted by Activeinvestor > 2017-08-22 14:32 | Report Abuse

You are right bro.

Posted by Imposterranger > 2017-08-22 15:02 | Report Abuse

Result could be out this evening, decided to add first before actual release...........good luck all !!

Posted by stockranger > 2017-08-22 15:11 | Report Abuse

You all so rich meh, keep collecting !
Maybe Im not there yet. Anyway, my cost around 8.40 holding 15 lots only.

Posted by Good_stock > 2017-08-22 15:37 | Report Abuse

Walau eh, still dun want to drop. Wanted to buy cheap.

Sigh not easy to go lower since so many cash rich taikors around to corner this stock. Rich players always not expensive no play.

Posted by stocknanmy > 2017-08-22 15:58 | Report Abuse

Earlier comments by Sumato88 :

" I understand that the crack spread is still relatively stronger qoq in April and May to date. If this sustain throughout the 2Q17, we will probably see another RM100m profit in 2Q17, paving way for Petronm to achieve net cash position and record profit in 2017. Initially I was looking at RM300m profit in 2017, but now it seems to be easily beaten if Petronm can achieve RM200-230m profit in 1H17.

In conclusion, I think there is still plenty of upside from current share price, even though the stock had a good rally YTD (almost 100%). At 5x PE (assuming RM400m profit, +63% yoy), I personally think this stock is too cheap to sell. "

Posted by Ricky123 > 2017-08-22 21:09 | Report Abuse

Party starts tmr book your seat early

Posted by XDL123 > 2017-08-22 22:07 | Report Abuse

PETRONM is kicking out weak players......don't worry.....should be otw to hit RM10 very soon....collecting more CC and CD today.....they will be meletup big big soooooooon

Posted by Newmaster > 2017-08-22 22:44 | Report Abuse

Yes, powerful surge to take place with tighter liquidity when good result is released.

Posted by sheldon > 2017-08-23 06:52 | Report Abuse

Wow what confidence "when" & not "if" good result is released

Posted by stocknanmy > 2017-08-23 09:45 | Report Abuse

Comments by Sumato88 :
May 15, 2017 09:31 AM | Report Abuse

Pls refer to my previous analysis for Petronm, http://klse.i3investor.com/m/blog/sumato88/118086.jsp

The 2 non listed co named, Petron Fuel International (formerly ExxonMobil Malaysia) & Petron Oil (M) (formerly ExxonMobil Borneo). If you read its annual report, you will realize that 6 out of 11 terminals (for crude oil and refinery product storage before distribute to petrol stations) that Petron Malaysia owns and operates are owned by the sister co, which I believe it is parked under Petron Fuel International. Out of the 6, 3 terminals are Sabah based.

Given that Petrol Oil was formerly known as ExxonMobil Borneo, we can draw to a conclusion that petrol stations in Sabah is owned by sister co.

Terminals in Penang, Port Dickson, KLIA, and Klang Valley Distribution Terminal are owned by listed co. This implies that the high volume stations in Klang Valley are mainly owned by listed co. So you tell me, how many % of its petrol station sales derived from Klang Valley and Penang? I would think the sales proportion is higher than the proportion of the numbers of petrol stations the listed co own.

Posted by stocknanmy > 2017-08-23 09:48 | Report Abuse

Comments by Sumato88 :
Blog: Petronm: A Snapshot Speaks for Thousands Words
Mar 13, 2017 12:36 AM | Report Abuse

Hi, Probability

1) I got the refinery daily throughput from both of the annual report 2015, the throughput shall be higher in 2016 (haven't reveal yet) but I don't think the throughput will spike by 30% yoy.

2) the valuation for Shell's refinery should be higher due to its complexity. And that's also one of the reason why some refineries (including Petron) cannot run at maximum capacity as the low complexity will have high output of low margin products, so to avoid flooding the market with low margin products that will result in losses, some refineries just can't run at max. You can read more about refineries here http://www.galpenergia.com/EN/agalpenergia/Os-nossos-negocios/Refinacao-Distribuicao/ARL/Refinacao/Paginas/Didatico-

3) I beg to differ on same EBITDA profit per litre due to different volume/economic or scales, although I agree there is room for improvement for Petronm when it's volume catch up with the peers.

4) upside can be 140% or more if more investors understand the biz and Petronm deliver higher profit which I think it will although I do think the quarterly profit might be volatile due to the refinery margin. But if we look at the big picture, as long as it reports higher profit yoy and full year or cumulative profit is higher yoy, we shouldn't be too concern on lower profit qoq due to changes in refinery margin, refinery shut down for maintenance and others. The key jewel is its marketing biz which is very valuable in my view. This biz is growing in a saturated market, hence it is gaining market share and better economic of scales.

Hope that helps. Pls forgive me if I don't answer all the questions, will probably answer what I think is more important.

Cheers!

Posted by Khye Lock Tneoh > 2017-08-23 10:15 | Report Abuse

The management is pushing very hard for the growth !

Give them some time, I believe so encouraging results can be achieved.

https://www.hmetro.com.my/bisnes/2017/08/256715/dekati-pelanggan?from=groupmessage&isappinstalled=0

Posted by KYYMachai > 2017-08-31 09:27 | Report Abuse

Guys, standby for good result this week.

Posted by BULL10BEAR10 > 2017-08-23 11:10 | Report Abuse

let's ride the roller coaster

Posted by lowprofileone > 2017-08-23 11:12 | Report Abuse

Not many willing to let go, all dumb dumb hold

Posted by Khye Lock Tneoh > 2017-08-23 11:26 | Report Abuse

personally I do not expect an excellent results for this coming 2nd Qtr, due to stock loss + average refinery margin, but a reasonable good results should be achievable. I m looking forward for the coming 3rd Qtr results, if the oil price, Forex rate & refinery margin can sustain at the current level until end of September, then a record earning is possible.

Posted by lowprofileone > 2017-08-23 11:45 | Report Abuse

Consolidated Sales volume reached 52.9 million barrels (MMB), slightly higher than previous year’s
52.6 MMB due to the growth in Malaysian volume. In the Philippines, the focus to sell more profitable
products was exhibited by higher gasoline, petrochemicals, kero/jet and lubes sales, tempered by the
reduction in diesel and IFO. Meanwhile, for Malaysian operations, the incremental volume primarily
came from gasoline, kero/jet and diesel sales contributed by Industrial and Retail trades.

Posted by jebat > 2017-08-23 12:11 | Report Abuse

Yeah.....hold

Posted by GICSpore > 2017-08-23 14:51 | Report Abuse

Price holding quite well and open up the opportunity for us to collect some today as the valuation at this point remains attractive.

A good undervalued stock with strong net cashflow and quality management team. Stock like this is hard to come by nowaday.

Posted by jebat > 2017-08-23 15:02 | Report Abuse

cd drop...buyy more...

Posted by Activeinvestor > 2017-08-23 15:09 | Report Abuse

Huhu, time to buy more mother too...........like the share so much

Posted by valuecollect > 2017-08-23 15:13 | Report Abuse

Just added too

Posted by Awet91 > 2017-08-23 15:20 | Report Abuse

No more bullet to collect.mega sale now.

Posted by Intergritytrader > 2017-08-23 15:32 | Report Abuse

Uncle mau ..CD very soon will reach ur entry price loh... haha

Posted by UncleMau > 2017-08-23 15:40 | Report Abuse

Why so scared ? Not sold yet too.

Posted by adamant > 2017-08-23 16:00 | Report Abuse

no eye see liao......

Posted by LuckyMonkey > 2017-08-23 16:26 | Report Abuse

When the Announcement Result out?

Posted by LuckyMonkey > 2017-08-23 16:27 | Report Abuse

CD still can enter?

Posted by Dragonpick > 2017-08-23 16:32 | Report Abuse

Top up d

Posted by Ricky123 > 2017-08-23 17:06 | Report Abuse

Result should be out tmr After 5 pm

Posted by Ricky123 > 2017-08-23 17:06 | Report Abuse

Dragon pick u top up mother kah?

Posted by Ricky123 > 2017-08-23 17:08 | Report Abuse

Last minute force sell a lot... so it was collection time

Posted by windcloud > 2017-08-23 21:41 | Report Abuse

Why today heng yuan and petron dropped a lot ? The result announcement also delayed.

Just estimate simple calculation of this qtr result
4.1 billion x 1/3 (60 days shut down and initial set up) = 1.35 billion +- excluding factor of purchase refined oil from others.

Petronm = 2.6 b - 1.35 b = 1.25 b x 0.086 = 107.5 m x 0.85 = 91.38 b

EPS = 34 cents for this qtr ....

Using 34 x 4 x PE 8 = 10.9 or using PE 9 = 12.25.

Hope Petron can climb back as brought the boat ticket liao.

If looked at Petronm 2015 shut down net income is down about 65 to 70 percent. So estimate 2/3 income affected.

Just nonsense sharing since lot of expert here, just joined the boat recently. Hope i not commit suicide.

Posted by Good_stock > 2017-08-23 22:00 | Report Abuse

Hahaha, veri naive calculation. All wrong la bro ! But good try lor

Posted by windcloud > 2017-08-23 22:05 | Report Abuse

4.1 billion peso is petron corp 1st qtr result assume 2 months affected so i used 1/3. This qtr 2.6 billion peso so less out petron philipine 1.35 billion will get 1.25 billion peso for petron malaysia.

0.086 is peso convert to MYR. Then less out 15 percent sister co. portion.

I did not write peso as i thought u know my computation.

Posted by windcloud > 2017-08-23 22:10 | Report Abuse

45 days is petron philippine shut down plus 15 days for initial set up machinery and initial run thru of machinery flow.

All just simple gauge the EPS maybe wrong. Since if detail will go thru lot of factors.

If there is any error just hightlight me and provide me revised one. Hope to learn from u Good stock bro.

Posted by windcloud > 2017-08-23 22:18 | Report Abuse

I did not go detail for retail and refinery portion but using other shut down qtr to estimate 2/3 income affected for philippine result. Maybe wrong.

Anyway hope petron price will break 10.00 soon and all can earn good money.

Posted by XDL123 > 2017-08-23 22:38 | Report Abuse

Buy buy buy

Posted by XDL123 > 2017-08-23 22:38 | Report Abuse

Huat huat huat

Posted by XDL123 > 2017-08-23 22:39 | Report Abuse

CC CC CC

Posted by XDL123 > 2017-08-23 22:39 | Report Abuse

CD CD CD

Posted by XDL123 > 2017-08-23 22:40 | Report Abuse

Showtime start @T4 tomorrow

Posted by XDL123 > 2017-08-23 22:41 | Report Abuse

Buy if you want to win big

Posted by Ricky123 > 2017-08-24 08:54 | Report Abuse

Very likely result announce today after 5pm