Posted by hng33 > 2017-08-29 10:50 | Report Abuse

The main reason on why Petdag can trade at extraordinary high PE valuation if compared to Petron is due to its extreme low liquidity 'tightly control' by state fund, further supported by consistent dividend. But, the discount given by market on petron is too big to ignore.

I believe, with current relatively low entry cost, margin of safety is big enough to cushion any further downside risk. In addition, with recent consistent profit making, petro have markedly improving financially, reduce borrowing, improve cash flow, resulting increased dividend payout

Whatever Q2 result had deliver, it have pass. Look forward for CERTAIN soar in profit, strongest Q3 result ahead due historical gasoline crack spread.

Therefore, its right timing to re-build back petron stake in portfolio.

Posted by UncleMau > 2017-08-29 10:58 | Report Abuse

Mr Ooi TB,

Good Morning, mind sharing if you just entered Petronm this year or last year ?

Posted by hng33 > 2017-08-29 11:04 | Report Abuse

Please bear in mind, we are dealing in stock market and each stock share price almost can change daily. But, company only can release financial result 4 time a year + occasionally news corporate development. Therefore, majority of the time, share price is influence by supply and demand, its very dynamic.

Therefore, stock share price can be bashed down by market force significantly if there is disappointment result, BUT, similarly stock share price can mark up significantly if positive development start kick in.

Thus, there is NOT need to curse stock when it get hit at all, as recovery is always in place to deal to neutralize selloff market force, regain back later. Its dynamic stock market

Posted by hng33 > 2017-08-29 11:19 | Report Abuse

Value investors are not inclined to buy Petdag/petgas stocks at what they consider to be overpriced values (PE>20x), preferring instead to buy (Hengyuan/Petron) what they see as underappreciated and undervalued stocks (PE< 6x), at a bargain price, which, over time, next Q3 to perform well.

Posted by adamant > 2017-08-29 11:20 | Report Abuse

500k volume more to go.

Posted by paperplane > 2017-08-29 11:45 | Report Abuse

to be exact, HY PE is <3
PetronM PE<7

Depends whats your estimation on EPS lah

Posted by adamant > 2017-08-29 12:32 | Report Abuse

350k volume

Posted by WaAdaLui > 2017-08-29 13:52 | Report Abuse

$8.29 收了点票。 希望今天是好滴开始。。。GOGOGO

Posted by ilovehits > 2017-08-29 14:45 | Report Abuse

$7.70 wa beli.

Posted by bursaman > 2017-08-29 14:46 | Report Abuse

Bought some at 8.48, cheers !

Posted by LogicTrading > 2017-08-29 14:49 | Report Abuse

War comes, then will be good and cheap.............hehe.

Posted by adamant > 2017-08-29 15:30 | Report Abuse

250K volume more to go.... petron.... you can do it

Posted by kenz88 > 2017-08-29 15:49 | Report Abuse

will down again i think,,,

Posted by hng33 > 2017-08-29 16:00 | Report Abuse

Recovering on track :D)

Posted by ilovehits > 2017-08-29 16:04 | Report Abuse

Apa ni? Go down, NOT go up! You up again I will call Kim Jong-un declares war.

Posted by adamant > 2017-08-29 16:08 | Report Abuse

OBV - another 200k to go

Posted by Activeinvestor > 2017-08-29 16:16 | Report Abuse

Is your OBV estimate reliable ?

Posted by yesyesyes > 2017-08-29 16:18 | Report Abuse

still have how much to go ?

Posted by KimJongUn > 2017-08-29 16:19 | Report Abuse

Surely war is coming, will attack Japan and South Korea later

Posted by adamant > 2017-08-29 16:27 | Report Abuse

Activeinvestor.... that is for you to decide yourself. You can google for OBV and check the graph of it in RHBtradesmart. I wish i am correct cause i am adding in now. I hope the reversal in the OBV is correct. If not i only have my own hands to burn.

I dun set target price like all the sifu here at what price to buy. I see the OBV and decide to jump in or out.

Posted by adamant > 2017-08-29 16:28 | Report Abuse

190k to go by the way.

Posted by happy888 > 2017-08-29 16:33 | Report Abuse

By the way, remember for your future reference current operator buy with average of 8.4 to 8.8. If you are operator how much u want to earn before u start dumping. U have to observe and decide for yourself

Posted by hng33 > 2017-08-29 16:38 | Report Abuse

:DDD)

Posted by Bizfuneng > 2017-08-29 16:48 | Report Abuse

Where are all the soothsayers? Aiya....lucky din listen instead perlahan perlahan tambah......hehe

Posted by Awet91 > 2017-08-29 16:55 | Report Abuse

Where they say money become paper???? It just temporary to go down frst then we can collect as much we can now we earn more $$$

Posted by yesyesyes > 2017-08-29 16:57 | Report Abuse

i think should low profile a bit . i bought some too today .. but dont greed so early ..

Posted by adamant > 2017-08-29 17:03 | Report Abuse

130k more. Nothing much di. Hopefully this is the time to go in.

Posted by Awet91 > 2017-08-29 17:18 | Report Abuse

Collect slowly dont sailang all.

Posted by weavefinder > 2017-08-29 17:21 | Report Abuse

My hats off to you guys for persisting based on calculated risks. Just keep cool guys, do not let euphoria make you fodder for those pessimist to hammer. As for whoever is in Raider's army, ask him for a promotion!

Posted by Alex Foo > 2017-08-29 17:26 | Report Abuse

Alex happy today

Posted by ocpd > 2017-08-29 18:50 | Report Abuse

Prepare for crack spread to rise ... https://finance.yahoo.com/news/flooding-knocks-u-refineries-crude-011147208.html

Posted by UncleMau > 2017-08-29 19:54 | Report Abuse

Ooi Teik Bee Dear UncleMau,

I just bought Petronm on last Friday only after I digested the quarter result released.

Thank you.
Ooi
29/08/2017 19:14

Posted by Dandanjoe > 2017-08-29 20:56 |

Post removed.Why?

Posted by Firefox > 2017-08-30 08:11 | Report Abuse

Otb come kacau this counter liao, GG

Posted by Flintstones > 2017-08-30 09:43 | Report Abuse

Dumb dumb hold. Profit from petrol station alone is RM 100m per year. Applying 20x PE for the retail business is already RM 2b

Posted by 秦梦瑶 > 2017-08-30 09:57 | Report Abuse

来这里玩

Posted by 金正恩 > 2017-08-30 10:06 | Report Abuse

奏梦瑶美媚

Petronm (3042) 熱烈欢迎妳的驾临。

Posted by 9888 > 2017-08-30 10:08 | Report Abuse

秦梦瑶Petronm (3042) 欢迎妳

Posted by 秦梦瑶 > 2017-08-30 10:13 | Report Abuse

要去到九一还真有点难度

Posted by 金正恩 > 2017-08-30 10:19 | Report Abuse

那妳就大錯特錯了。它已在三年里把十億银行贷款额度还到六月底的三千多万了。妳可想像它的現金流多強大呀！

Posted by hng33 > 2017-08-30 10:23 | Report Abuse

sold back petron at 8.70-8.72, lock handsome contra profit first, free up capital

Posted by 金正恩 > 2017-08-30 10:25 | Report Abuse

奏梦瑶美媚, 最好自己可先查看賬目再说。Petronm 不是一般的好股而是非常罕有的优質股.

666666666666

Posted by 金正恩 > 2017-08-30 10:28 | Report Abuse

Aseng gor, hahahahahaha

Posted by adamant > 2017-08-30 10:29 | Report Abuse

hng33.... you just proved what i said earlier this week.
The one who promotes the loudest will be the first one to change tune and say they gain handsomely at the expense of asking people to go LONG when they decided to go SHORT.

Posted by stockbegin > 2017-08-30 10:30 | Report Abuse

just buy some at 8.72

Posted by adamant > 2017-08-30 10:39 | Report Abuse

hng33 is just another amateur. Most of the sifu who ask you to hold long term and shout and promote will diam2 gain and leave.

Posted by Newmaster > 2017-08-30 10:41 | Report Abuse

奏梦瑶美媚, 我们这里所有玩家都有500万的身家, 妳有再说.

Posted by 秦梦瑶 > 2017-08-30 10:48 | Report Abuse

听起来这里人比较有实力，不像4324一堆苍蝇只会骂人

Posted by 秦梦瑶 > 2017-08-30 10:50 | Report Abuse

看到很多人说中文和英文，应该比较多本地华裔

Posted by KYYMachai > 2017-08-30 10:55 | Report Abuse

漂亮的秦梦瑶, 习惯了没事