Posted by GICSpore > 2017-10-03 20:53 | Report Abuse

There will also be more research reports recommending this company as part of anyone's portfolio to ride on the strength of excellent FCF and steady profitability.

Posted by sheldon > 2017-10-03 22:01 | Report Abuse

I think what the fund managers who are trying to pick up large stakes in this Co for cheap is to lull the shareholders into believing that the actual share value & interest in it is low.

Just when you think the price will not appreciate & are willing to throw at small price increments, it springs a surprise resulting in the opportunity loss for those who have discarded the shares.

Posted by Winmore88 > 2017-10-03 23:43 | Report Abuse

tmr going to continue the uptrend.

Posted by newbtrader > 2017-10-03 23:53 | Report Abuse

im new to trading, can anyone kindly enlighten me on how these warrants work? exercise price, ratio..etc and whats the effect of maturity date

Posted by ivan9511 > 2017-10-03 23:59 | Report Abuse

just buy will continue limit up.
petrol biz sure untung banyak banyak in M'sia
petro keep rising price in our cuntry

Posted by Jay > 2017-10-04 00:40 | Report Abuse

Congrats to all shareholders. Seems like my previous RM13 target price wasn't that aggressive after all. those naysayers just missed easy 50% return in a few months, all because of bad attitude and unwillingness to learn. in life, these will cost you dearly.

now that petron has again broken out, wouldn't be surprising if Hengyuan will be following soon

Posted by cheoky > 2017-10-04 00:57 | Report Abuse

wah jay is positive petronm. yes but on hrc ar...
no worry on the hedge policy adopted by hrc? wat is hedge cause the miss out of hurriance windfall leading to overestimation again in hrc... kind to respond?

Posted by weng > 2017-10-04 06:55 | Report Abuse

http://www.theedgemarkets.com/article/petron-malaysia-rises-record-rhb-rates-new-buy-earnings

TP16.20!!

Anyone able to get the full report?

Posted by weng > 2017-10-04 07:17 | Report Abuse

http://www.klsescreener.com/v2/news/view/288385

Posted by pang72 > 2017-10-04 09:16 | Report Abuse

火力全开!!!

Posted by NavinShah > 2017-10-04 09:20 | Report Abuse

Whats happening at Petron. RHB tp RM16-20.
CAN BUY?

Posted by angmo > 2017-10-04 09:32 | Report Abuse

Going in to Petronm CF.........................looks like want to move soon

Posted by KYYMachai > 2017-10-04 09:34 | Report Abuse

Ya CF is still quietly steady, will whack with CIMB gangs

Posted by KCLiew > 2017-10-04 09:40 | Report Abuse

我漂向北方

Posted by CharmingMalaysian > 2017-10-04 09:53 | Report Abuse

Underlying Share Price (a)
Exercise Price (b)
Ratio (c)
Time Value of Money (D)

Intrinsic Value of warrant = ((a-b)/(c))

Current Warrant Price = Intrinsic Value of Warrant + Time Value of Money

On expiry date, the warrant issuer will pay you based on the intrinsic value of warrant.

This is a simplified idea on how warrant work.

Posted by CharmingMalaysian > 2017-10-04 09:58 | Report Abuse

The longer the maturity date, the higher will be the Time Value of Money. As the warrant approaches maturity, the time value money approaches to zero.

Need to also keep in mind, that the nearer the maturity date, the more prone you are to a fall in share price.

For example, a warrant with 4:1 ratio: when the share falls 20%, the warrant should fall 80%. Keep this in mind when trading warrants

Posted by I LOVE HENGYUAN, sexy babe RM21 > 2017-10-04 10:46 | Report Abuse

https://youtu.be/Z9qGmA5rHmc
Dedicate this song to naysayers

Posted by Awet91 > 2017-10-04 10:48 | Report Abuse

Why cd no power lio

Posted by I LOVE HENGYUAN, sexy babe RM21 > 2017-10-04 10:48 | Report Abuse

CG ok, CGGGGGG, G cup !

Posted by Winmore88 > 2017-10-04 11:01 | Report Abuse

ini kali la..CGGGGGGGGG

Posted by George Leong > 2017-10-04 11:01 | Report Abuse

Petron CD has the lowest risk of all, with the lowest premium. Look at HengYuan-CA, expiry on 22/2/18 too, most are buying into it compared to others. Sooner or later, people will discover Petron CD's values.

Posted by lincm86 > 2017-10-04 11:12 | Report Abuse

Do you think CD is dropping because people are selling it and move on to another counter?

Posted by thenewbee > 2017-10-04 11:14 | Report Abuse

lowest premium doesnt mean anything. is still about 10% premium from now. If petron gonna move slow and steady later onwards, this cd not going to move much for sure

Posted by 8085208 > 2017-10-04 11:21 | Report Abuse

cd cuci pinggan?

Posted by George Leong > 2017-10-04 11:22 | Report Abuse

Lincm86: Most probably. But for me, I am adding CD, have done my calculation and could take calculated risk. Trade at your own risk ya~

Posted by Kyou > 2017-10-04 11:28 | Report Abuse

Cd con ppl liao?

Posted by stocknanmy > 2017-10-04 11:36 | Report Abuse

Dah jual habis belum ? Cepatlah habiskan jualan yg ada lagi tu.

Manakala, kita tetap sabar tunggu dekat di situ untuk kutipan yg lebih

Posted by newbtrader > 2017-10-04 11:54 | Report Abuse

Charmingmalaysian

Thanks for replying to my question. Appreciate it. Does it mean that if i hold onto the warrant until the end of the expiry, i will be able to buy the share (say its at rm15 then) at the exercise price of rm9.88?

Posted by free2invest > 2017-10-04 12:14 | Report Abuse

Wah! up 50sen....good

Posted by free2invest > 2017-10-04 12:15 | Report Abuse

Standby bullets....loaded

Posted by free2invest > 2017-10-04 12:15 | Report Abuse

Never scare at this high price...

Posted by George Leong > 2017-10-04 12:16 | Report Abuse

Newbtrader: If your warrant is rm0.20 per warrant, and your conversion ratio is 20:1. Meaning you need to take 20 of your warrants to convert to 1 share, (rm0.20 x 20) = rm4, you can then add rm9.88 exercise price, in total it is rm13.88. When it is reaching expiry, your warrant price should increase to rm0.25, to make total to match rm15. And that is IF Petron share is trading at rm15 then.

Posted by supersaiyan3 > 2017-10-04 12:16 | Report Abuse

Gogogo!!

Posted by free2invest > 2017-10-04 12:20 | Report Abuse

Yes...go go go!

Posted by supersaiyan3 > 2017-10-04 12:25 | Report Abuse

More to come!!!

Posted by CharmingMalaysian > 2017-10-04 12:40 | Report Abuse

newbtrader, there is 2 categories of warrants. The first category is issued by the Investment Bank and the warrrant is called Cash Warrant. On maturity you will get paid in cash.

The other category of warrant is issued by the company itself. That warrant might be a convertible warrant or some other type of warrant. If it is convertible warrant, then you will be entitled to shares of the company.

Most importantly, before buying the warrant, kindly check the details of the warrant and who it is issued from.

Posted by roytheinvestor > 2017-10-04 12:40 | Report Abuse

Why not investor move to CF which is now traded at lowest at 0.22?

Posted by Winmore88 > 2017-10-04 12:58 | Report Abuse

i thk currently is cuci pinggan , will move up once it clear all the contra player. especially for CD, CF and CG.

Posted by I LOVE HENGYUAN, sexy babe RM21 > 2017-10-04 13:03 | Report Abuse

Remember always ,low volume ,up fast, down fast. But no worry. Enjoy the ride

Posted by George Leong > 2017-10-04 13:05 | Report Abuse

roytheinvestor: shouldnt look at value that way, need to look at the conversion ratio 12:1, and exercise price of rm11.

Posted by Jelas Ulung > 2017-10-04 13:16 | Report Abuse

call warrant is like gambling, dun play if u dunno the game well :) CD "might" drop even Petronm goes to 12.5 today

Posted by oldkuku > 2017-10-04 13:21 | Report Abuse

hehe, quietly bought some CD and CF

Posted by oldkuku > 2017-10-04 13:26 | Report Abuse

http://www.thestar.com.my/business/business-news/2017/09/25/margins-of-refiners-petrochemical-companies-seen-improving/

Posted by roytheinvestor > 2017-10-04 13:30 | Report Abuse

@George Leong: Noted. Both CD and CF possess the same conversion ratio, but yet the exer value for CD is lower. If base on the current price, the premium for CD @ 1.06, whereas CF premium is higher @ 2.12. Therefore am I right to say that selection over CD is wiser?

Posted by Jelas Ulung > 2017-10-04 13:39 | Report Abuse

Check the IB before buying call warrant. My previous experience : holding 1 Cx with 70% profit margin but UNABLE TO SELL AT ALL coz the mch IB didn't support/buy anymore as they knew >50% of the issued Cx bought by me. Only few small potato offering at very low price and ended up I have to hold for few months till expiry date and unlocked the profit where after conversion only <10% (consider lucky)

Posted by Jelas Ulung > 2017-10-04 13:40 | Report Abuse

got few IB very mch , once they know ppl collecting their Cx they will stop supporting

Posted by Jelas Ulung > 2017-10-04 13:43 | Report Abuse

I m not asking you not to buy Cx , but make sure u know the risk before buying. In fact I also buy a lot Cx , I see it as gambling, not investing.

Posted by proxy888 > 2017-10-04 13:47 | Report Abuse

Mind to share which IB

Posted by LeeFoundation > 2017-10-04 13:48 | Report Abuse

We are still and will be collecting PetronM more aggressively as long as the price is below 12.20/=

Posted by honestplayer > 2017-10-04 14:07 | Report Abuse

Try to get in and buy some again............. really love its cashflow and management