林俊松 too bad bro. IF u know this company is doing well. why cut loss, u are not buying warrants also which doesn't have expiry date. i guess is impossible to buy below 12 anymore. most likely lowest around 12.2-12.3. i'm having cj and mother. targetting rm14 for mom
U buy back..of course a bit higher price..petronm is not good but very good for me. I did earn alot n enter..renter 4 round. Also bought n hold when it was 12..
Dear all, here we come to sweep it up for you guys ! Stay calm and sit tight unless you are not interested in the super run of this good cash cow.............see for yourself if you are still not convinced.
NavinShah Div 60sens? Bonus 1:1?? Please inform. 23/11/2017 08:44
Usually Petronm will only announce their div payout during their 4Q report. Based on past record (2015/2016), Petronm have been consistently payout 25% of their annual EPS as the dividend. Currently for FY2017, as of now the EPS is already 73.9cents, so you might be somehow able to calculate roughly the dividend payout for FY2017.
As now Petronm have turn net cash with good FCF also, the question is how they want to use all this cash? To expand the business? To return it back to shareholders (also their parent own 73.4% share) by declaring special div? Or Bonus issue? Well, I do not know about this. You think.
Each correction of this stock will create a good buying interest to many who have been studying the strength and potential valuations of the company..
What really impressed us here is not so much about the eps, but the strong FCF generated to repay substantial borrowings in such a short span of time.
It means the business is doing extremely well or else where to find so much hard cash to repay borrowings ? Ask yourself this question many times, then you will really understand the quality of the profitability and management team with top brains.
Yes, I know this Petron(Esso) their dividend payout is only once in a year. But since the company is doing very, I thought there maybe a suprise for the minority shareholders. Just like Boustead Plantations Bhd. Thanks anyhow for the clarification.
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....
Awet91
1,934 posts
Posted by Awet91 > 2017-11-22 16:44 | Report Abuse
Hengyuan come after for petron now,petronm@cj at cheap price collect while cheap.i done 0.165 0.17 hope feb petron rich 16