Posted by newbie92 > 2017-11-24 00:35 | Report Abuse

FM can give PE 12 to petron?
So consistent in term of net profit.

Posted by NapNipupu > 2017-11-24 01:23 | Report Abuse

wondering how come the company suffers 70 millions losses on derivative when oil price up, any expert can explain...

Posted by Jay > 2017-11-24 02:41 | Report Abuse

derivatives are used to hedge exposures such as currencies, commodity prices etc. When you hedge, you are locking in positions for certain time at certain level, i.e. you may avoid some potential losses but also may have to give away some potential returns. this has the effect of smoothing your profit so it won't show too much volatility and over time, such gains and losses tend to even out. that's why petronm profit is now more stable, hopefully investors finally appreciate that

Posted by Jay > 2017-11-24 02:45 | Report Abuse

total sales volume also touch the 9m barrels/quarter level for the first time!

last year was 7.8m, last quarter was 8.5m. I don't think malaysia vehicle volume has increased a lot during the same period, which means petronm is fast gaining market share on petronas and shell. this is a sign of healthy and sustainable growth on its retail side

Posted by Mohd Fahmi Bin Jaes > 2017-11-24 06:20 | Report Abuse

Sell

Posted by NapNipupu > 2017-11-24 07:24 | Report Abuse

Nice one Jay thanks for your explanation

Posted by Jack888 > 2017-11-24 08:08 | Report Abuse

should be gap up this morning... heading to RM13.00 and more.

Posted by alibabaJack > 2017-11-24 08:56 | Report Abuse

Jack and Jack, surely up and up

Posted by pputeh > 2017-11-24 08:57 | Report Abuse

Thanks Jay for yr painstaking and patience in explaining to us

Posted by Totalpackage > 2017-11-24 09:00 | Report Abuse

Lai liaoooooo.....

Posted by JPMorgan > 2017-11-24 09:06 | Report Abuse

Financial results in the last 4 quarters have reaffirmed the stability of Petronm's management quality and excellent biz model.

Hence, giving loyal value investors the added confidence to accumulate and hold on for long terrm investment now.

Posted by thenewbee > 2017-11-24 09:09 | Report Abuse

just up and slow and steady will do. will 0 debt in petronm. rm16 after the next quarter is possible

Posted by Alex Foo > 2017-11-24 09:10 | Report Abuse

with zero debt now, when will petronm sign up for another loan to fund their refinery purchase?

Posted by JPMorgan > 2017-11-24 09:15 | Report Abuse

Soon will be going for next phase of extension

Posted by Good_stock > 2017-11-24 09:20 | Report Abuse

@ Sumato, are you still with us in this forum ?? Need your valuable input if you dont mind.....thank you.

Posted by thenewbee > 2017-11-24 09:23 | Report Abuse

haha post QR syndrome again. hold tight ya guys

Posted by UncleMau > 2017-11-24 09:28 | Report Abuse

My hands are tight la..................how ?? Hahahahah

Posted by limcs > 2017-11-24 09:31 | Report Abuse

Trap ?

Posted by angmo > 2017-11-24 09:36 | Report Abuse

Shaking all weak holders out for the time being

Posted by Mohd Fahmi Bin Jaes > 2017-11-24 09:42 | Report Abuse

Take profit warning

Posted by Mohd Fahmi Bin Jaes > 2017-11-24 09:43 | Report Abuse

12.24

Posted by limcs > 2017-11-24 09:48 | Report Abuse

possible explanations for a news report creating a sell-off of a stock could relate to noise traders. A noise trader does not analyze the fundamentals of a prospective investment. Instead, noise traders make trades based on news or technical analysis indicators. For example, suppose that XYZ has the same forecasts and results as above, and there is a sell-off of the stock. A noise trader who is watching the sell-off occur will follow the trend and sell his or her shares too. This will cause an even steeper decline in XYZ's stock price.

Read more: Why would my stock's value decline despite good news being released? https://www.investopedia.com/ask/answers/06/stockdeclinegoodnews.asp#ixzz4zJFgz6AV
Follow us: Investopedia on Facebook

Posted by Davidl > 2017-11-24 09:54 | Report Abuse

Waiting to buy more at 10.50

Posted by thenewbee > 2017-11-24 09:58 | Report Abuse

@davidl u dream la plz hahaha

Posted by SimonTeh > 2017-11-24 10:00 | Report Abuse

David, see who got plenty of bullets to buy, cos I will be supporting at 12

Posted by limcs > 2017-11-24 10:29 | Report Abuse

pertronm , please tahan abit , dont keep dropping!

Posted by Temasek > 2017-11-24 10:33 | Report Abuse

Don't worry, more to be collected if lower.

Posted by Mohd Fahmi Bin Jaes > 2017-11-24 14:34 | Report Abuse

Sell on news

Posted by thenewbee > 2017-11-24 14:45 | Report Abuse

no way a little drop like this can flush me out. i stil lgot bullets to hantam

Posted by Temasek > 2017-11-24 14:48 | Report Abuse

Collection mode on and more aggressive this round

Posted by 富二代 > 2017-11-24 14:53 | Report Abuse

Guys, one must understand this is a rich man counter. Only buyers with certain standard can afford to buy and keep.

If drop, will still collect from bottom.

Posted by Awet91 > 2017-11-24 15:15 | Report Abuse

Drop more will collect more soon it will fly again.

Posted by Petronm RM18.50 > 2017-11-24 15:20 | Report Abuse

Tq all the cash rich supporters here !

Posted by HENGYUAN sexy babe @ RM21 > 2017-11-24 15:31 | Report Abuse

cashflow much better than I expect, alredi over 400mil in month, 12 months might give us 600mil??

Posted by HENGYUAN sexy babe @ RM21 > 2017-11-24 15:35 | Report Abuse

PEtronM can potentially go to RM20 next yr end I guess only lah.............if continue generating COF near 600mil

Posted by Petronm RM18.50 > 2017-11-24 15:42 | Report Abuse

18.5 good enough d

Posted by Kyou > 2017-11-24 15:46 | Report Abuse

QR consider bad? wondering drop too much today

Posted by thenewbee > 2017-11-24 15:57 | Report Abuse

good la 0 debt now. cash rich company. generated more profit but use to settle debt. petromn will become better and better. hold now still got potential for 100% return for mother in 1-2 years

Posted by WaAdaLui > 2017-11-24 16:01 | Report Abuse

Consistence revenue n profit.
Apa mau takut. Kereta hari hari mau makan minyak ma. Oil price stand solid above $50 lo.

Posted by lowprofileone > 2017-11-24 16:05 | Report Abuse

Totally agreed with the above richmen comments

Posted by Kyou > 2017-11-24 16:05 | Report Abuse

thx for explaination....will hold tight ..

Posted by thenewbee > 2017-11-24 16:53 | Report Abuse

tomorrow might haev another drop, the closing price is almost the lowest of the day. THis QR release syndrome always happen .

Posted by Petronm RM18.50 > 2017-11-24 16:55 | Report Abuse

2morrow Im off, you trade yourself la

Posted by thenewbee > 2017-11-24 17:01 | Report Abuse

oh ya next week haha. forgot today is friday

Posted by Mohd Fahmi Bin Jaes > 2017-11-24 17:11 | Report Abuse

Sell

Posted by SALAM > 2017-11-24 17:30 | Report Abuse

Too Late to sell....now BUY !!!

Posted by Kawkaw > 2017-11-24 18:03 | Report Abuse

Mohd. Fahmi any significant justification for you to recommend sell...
Share ma...dont keep for yourself..

Posted by George Leong > 2017-11-24 18:05 | Report Abuse

Congratulations to all Petron holders. The company is very stong fundamentally.

Posted by kmwong8711 > 2017-11-24 19:17 | Report Abuse

Yes ,George Leong can Petronm go further after 30th November??

Posted by stupid > 2017-11-24 23:49 | Report Abuse

This fahmi is shouting sell at all place. Also in annjoo. Typical stupid loser in this world. Haha. Anyway he is just a tin kosong you wont get any justification from him. Hehe.