I am looking at Petronm hitting 12 before their Q4 being published in Feb 2018. However the expiry of Cd is also some time in the 3rd week of the same month. Actually within this 2 or 3 days is a good time to buy the Cd. It might seem far fetched but Petronm is such an enticing corporate animal. Hard to keep away from it.
Both petronm and hengyuan did the same thing and have similar characters. Earn huge cashflows, starting parred down borrowings, improve future cost of funds and use money to 8mprove and expand further incapacity. Yet, ppl choose to focus forex loss lah, downtime in refinery lah, inventory fair value lah, this and that. Start losing focus! Focus is always cashflows in biz, not all these. Funny things is, their poor result More or less due to high amortization coupled with all these
General raider do not pledge immediate win for HRC bull armies over the lost territory loh...!!
General raider promise u that within, the next 3 mth...General raider will lead u and march to glory loh...!!
whatever...u have loss...u will win back loh...!!
GENERAL RAIDER IS A PROFESSIONAL ARMY...NO FEAR OF FALLING KNIFE..! TRUST GENERAL RAIDER LOH...!! REMEMBER TO SING THIS THEME SONG WITH GENERAL RAIDER WHEN FIGHT WAR LOH..!!
LETS SING AGAIN THIS BEAUTIFUL SONG;
"We Shall Overcome"
We shall overcome, We shall overcome, We shall overcome, some day.
Oh, deep in my heart, I do believe We shall overcome, some day.
We'll walk hand in hand, We'll walk hand in hand, We'll walk hand in hand, some day.
Oh, deep in my heart,
We shall live in peace, We shall live in peace, We shall live in peace, some day.
Oh, deep in my heart,
We shall all be free, We shall all be free, We shall all be free, some day.
Oh, deep in my heart,
We are not afraid, We are not afraid, We are not afraid, TODAY
Oh, deep in my heart,
We shall overcome, We shall overcome, We shall overcome, some day.
Oh, deep in my heart, I do believe We shall overcome, some day.
GENERAL RAIDER( 5 STAR GENERAL}...NO CHICKEN FEED LOH...!! ALOT OF BIGGER OPPOSITION ARMY, WHEN HEAR GENERAL RAIDER ATTACKING...THEY RUN AWAY LIKE CHICKEN MAH....!!
General raider.... u put ay rm7 for what? Why not lay your defence at rn8. Last i remember u say tp rm12 and u say good qr sure price rise. U setup yourself for rm5 win with rm8 investment leh. Why so paiseh put at rm7?
A general when he knows going for sure win already will put himself in front for the all the glory. Not as a back up player for others to take glory.
Even your compatriot dares to put rm8 and catch falling knife. How can u lose out to them? Today tuesday (holiday mood) and tomorrow is last day of this week mah.
Operator already cun cun count di. That drastic sharp knife fall is no coincident. This is the best cash free counter..... gogogogo. Catch the dropping knife.
Let me put up a song for u to naikkan your semangat general
He split the racket, to operate on his own He set them up, stripped them and then he was gone He's a Robin Hood of a new century If you're rich and dumb, you bleed, boy
Con man's got a bloodhound nose for flaws Profits from both sides of the law I feel sympathy for his philosophy If you're clever you can beat them all
Sister, tell your mister, to hold on to his change Hustler, call him hustler, Con man rides again Bandits, he's the bandits, settin' up a frame Sister, tell your mister, to hold onto his brains
Con man's mastermindin' on a brand new heist Blueprintin' through the secret files Your tune ain't gonna be so nice When he gets through with you
There's just one thing left to do 'Cause he'll take it away One money hungry night Your longs are gonna be his guidin' lights
Read more: Golden Earring - Con Man Lyrics | MetroLyrics
Newbie66... smart question. That is the question everyone should be asking. Who push up? What is in it for him? He wanna go long like cab or cck? Or he wanna go short like xox, mlab and anzo? Or he wanna rinse and repeat like petron? Or he wanna sialang style like kyy (announce sialang after he sialang lah)
My 2 sens worth on Newbie and happy 888 issue: If you check the shareholding spread Petronm has only one single substantial block 73% held by Mayban nominees for Petron Intl ltd. There are no other substantial holders. 2nd biggest holder only holds about 1660 lots about 0.614%. That is why within the last few years or so you cannot find substantial shareholding transactions indicated for Petronm, becos there is none (If i am not mistaken min should be 6% to be substantial) I cannot be sure who's the playmaker (buying and selling) but my guess is that it has to be associated to Mayban nominees. Put youself in Petron ltd shoes. Will you allow other unknown parties to manipulate your pledged shares, and place yourself at their mercy, whereas you are the 73% owner? The shares are at Mayban nominees. They are allowed to use, except not abuse. That is why Petronm is thinly traded. No other strong holders.
Posted by stockraider > Aug 28, 2017 11:53 PM | Report Abuse X
CORRECTLOH...PAPER...WHEN U FORSEE THE SELLING PRESSURE BUILDING UP...GENERAL RAIDER DON GO HEAD ON WITH THE ENEMY LOH...!1
GENERAL RAIDER....RETREAT TO THE HIGHLAND AND DIG IN AND WAIT FOR THE ENEMY TO ARRIVE...SLOWLY SHOOT THEM ONE BY ONE MONTH LOH...!!
2MORROW RAIDER WILL LAY THE THE DEFENSE LINE AT RM 7.00 IN THE MORNING...LET THE ENEMY ADVANCE 1ST LOH....!!
paperplane 12915 posts
Posted by paperplane > Aug 29, 2017 12:03 AM | Report Abuse
Both petronm and hengyuan did the same thing and have similar characters. Earn huge cashflows, starting parred down borrowings, improve future cost of funds and use money to 8mprove and expand further incapacity. Yet, ppl choose to focus forex loss lah, downtime in refinery lah, inventory fair value lah, this and that. Start losing focus! Focus is always cashflows in biz, not all these. Funny things is, their poor result More or less due to high amortization coupled with all these
stockraider 4509 posts
Posted by stockraider > Aug 29, 2017 12:07 AM | Report Abuse X
correctloh...talk about q2 eps pet dag only achieve rm 0.248 per share, still perform poorly when compare to HRC weak qtr 2 eps of rm 0.28 loh...!!
stockraider 4509 posts
Posted by stockraider > Aug 29, 2017 12:09 AM | Report Abuse X
posted by stockraider > Aug 28, 2017 10:58 PM | Report Abuse X
HAPPY 888...SORRY RAIDER DEFENSE AT RM 7.00 IS DIRECTED AT HRC NOT PETRON LOH.....!!
FOR PETRON THERE ARE OTHER CAPABLE GENERAL LIKE PAPERLANE WILL COME IN DEFENSE LOH....!!
IF U ASK RAIDER WHAT DEFENSE FOR PETRON, RAIDER WILL SAY RM 7.60 LOH....!! PETRON IS EASIER TO DEFEND BCOS 70% OWN BY MAJOR SHAREHOLDER AND ASB IS NOT A SHAREHOLDER LOH...!!
ANYHOW THE ACTUAL DEFENSE U TALK TO GENERAL PAPERLANE A VERY CAPABLE GENERAL ESPECIALLY WHEN HE RUN THE OFFENSIVE TANK DIVISION LOH..!!
Fund managers for institutional stocks are different from playmakers of penny stocks. Fund managers are flushed with bullets and time is definitely on their side. That is why not to T4 with institutional stocks, Your probability of success is much lower than if you are in penny stocks.
Weave... the hand that throw yday definitely nothing short of concerted effort. This is fundamentally good stock. Wait for it to bottom out and then move in would be far better than to ask others to jump in at rm9 right? Fair or unfair view? Stock = fundamental + technical + timing Asking ppl to jump in rm9.4... good timing or not? Be honest
Happy 888, i am only human. I cannot totally separate my emotion and rational mind. I am buying the Cd this few days ( Dont ever think I am a big player). I envisage (I say envisage becos you cannot get 100% info, nobody does) before Cd expires in 3rd week Feb 2018, that Petronm will be RM 12. But one snag that worries me is that Petron Malaysia carries out maintenance in October. Turnaround time, I cannot be sure. On whether 9.4 is high, If it was my situation, I will be buying today and tomorrow (albeit slowly) so that you could achieve lower averages in your petronm portfolio. You bought earlier due to the confidence and investigative process, i assume. If you are a holder, just exercise patience. You are not holding stocks on an unfounded basis. You are holding Petronm.
The profit that refiners make per barrel of gasoline jumped as high as 21 percent <RBc1-CLc1> in the first trading day following Harvey's landfall near Corpus Christi, Texas, late on Friday, as fears of short supplies gripped the market.
Gasoline for immediate delivery in the Gulf Coast hit five-year highs, traders said, while U.S. gasoline futures <RBc1> jumped as much as 7 percent to $1.78 per gallon, the highest since late July 2015.
In total, 2.45 million bpd of U.S. refining capacity was shut due to Harvey, which knocked out four refineries in South Texas before bringing flooding rains to plants near Houston.
Nearly 19 percent of oil production in the Gulf of Mexico has been shut, the U.S. Department of the Interior said on Monday.
weave..... careful of the CD. Currently CD is overvalued. To get current price worth of 20 cents Petron must be at least RM11. Oil is kinda volatile now.
Adamant, correct cd is not in the money, except after petronm hits 8.50. I dont love Petronm, although it could be somebody's wife, but when seeing the forest from the trees, I dont mind carrying some amount of calculated risk Like I say My personal view for petronm is 12 before 4th quarter report in feb 2018. Cd expires at that time too. There is no inkling of any influence that i wanna extend to anyone here, please.
Fuel prices tend to rise immediately upon news of higher oil prices, but refineries have often hedged against oil price rises and carry significant inventory. During periods of rising prices, you can see modest increases in refinery profitability due to more valuable inventory and the positive effects of hedges made during low price periods.
The truly good times for refineries come when prices fall. Margins explode because fuel prices will fall much more slowly than crude prices, and refineries delay their product price falls as much as possible in order to maximize profits. This is common on the retail side of fuels as well, where a period of falling prices is often the only time retail fuel stations make better than break even on fuel.
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....
stocknanmy
105 posts
Posted by stocknanmy > 2017-08-28 23:05 | Report Abuse
Tuan tuan dan puan puan sekalian, kita akan tetap kutipan seterusnya. Biarlah pemegang yg lemah tu cepat habis jualannya.
Jatuhan harga ni tak ada kena mengena dengan quality company langsung. Ya cuma kerja orang yg berniat lebih kutipan.
Tapi kita Akan buat rebutan kutipan bersama jua.