Posted by smoking > 2017-11-25 08:34 | Report Abuse

Maybe the sharks are waiting for this 30 nov OPEC meeting.. see decision whether they want to extend on cut beyond march 2018 or not.. but rumours said Saudi and Russia keen to extend despite details havent been finalized. Hold tight!!

Posted by kundasang > 2017-11-25 09:41 | Report Abuse

Hengyuan still steady dia punya price..

Posted by alanthamkw > 2017-11-25 09:48 | Report Abuse

Hold super tight ! Don't regret and bang balls later on, just 2 sen advice.......hehe

Posted by Equityengineer > 2017-11-25 11:23 | Report Abuse

The best thing about petron is they have parred down all debt as per expected. The PE should be re-rated to above 12-15, and that will make PETRON to above rm20. Market was bad, and many shared beaten down regardless of good QR or not. Its just profit taking. I am looking forward to acquire PETRON. Wishing Dividend may be raised too with such a great profit.

Posted by Mohd Fahmi Bin Jaes > 2017-11-25 11:40 | Report Abuse

Petronas give 3point 1ltr. Bye2

Posted by Davidl > 2017-11-25 12:38 | Report Abuse

This babe worth at least 15lah!

Posted by LogicTrading > 2017-11-25 19:18 | Report Abuse

Can still move up a lot a lot ! A rare gem in the radar by smart investors

Posted by eng123 > 2017-11-26 15:57 | Report Abuse

anyone here is petron customer? Seen quite negative feedback on their new loyalty program. its old loyalty program had beem crowd pulling factor in the past from other players. m has

Posted by Mohd Fahmi Bin Jaes > 2017-11-26 16:03 | Report Abuse

Not loyal yet. Only 1point 1litre

Posted by LaiHuatAhh > 2017-11-26 17:11 | Report Abuse

Mohd Fahmi Bin Jaes Not loyal yet. Only 1point 1litre
26/11/2017 16:03

What's your intention of keep giving false information here?

Posted by stupid > 2017-11-26 17:23 | Report Abuse

1L=2 points for 95. These stupid idiot fahmi...

Posted by Activeinvestor > 2017-11-26 19:13 | Report Abuse

Why wasting time with this low class Mohd Fahmi Bin Jaes !

He is a person with no substance.

Posted by Kawkaw > 2017-11-26 22:20 | Report Abuse

Just him fahmi aside. He doesnt contribute anything for petronm..
Let him play with his ball...

Posted by SimonTeh > 2017-11-27 09:44 | Report Abuse

Volumes are fast shrinking these 2-3 months, an encouraging indication that most of the shares are now very tightly held and for long term.

Posted by perterpan > 2017-11-27 10:16 | Report Abuse

Waiting to collect some more

Posted by stocknanmy > 2017-11-27 10:41 | Report Abuse

Apa takut kawan ? Yang lemah tu dah habis jual setakat ni.

PetronM di jangka akan gerak ke atas target kita bernilai 18.

Tak percaya ke ? Sabar lah nanti !

Posted by sheldon > 2017-11-27 12:55 | Report Abuse

If Petron can sustain the same performance quarter after quarter, then the share price should make that great leap forward!

Posted by Mohd Fahmi Bin Jaes > 2017-11-27 12:57 |

Post removed.Why?

Posted by Mohd Fahmi Bin Jaes > 2017-11-27 12:58 | Report Abuse

1ltre 2point

Posted by hirocorn > 2017-11-27 14:53 | Report Abuse

drop again

Posted by WaAdaLui > 2017-11-27 15:04 | Report Abuse

If Heng Yuan QR good, sure will overtake PetronM

Posted by honestplayer > 2017-11-27 15:16 | Report Abuse

Yet to know

Posted by 秦梦瑶 > 2017-11-27 15:37 | Report Abuse

这股还有人玩啊，姐还没卖完

Posted by kkteng70 > 2017-11-27 23:23 | Report Abuse

why result good price drop ??

Posted by Mustovoi > 2017-11-28 01:15 | Report Abuse

Before qr result, closed at 11.74, now 12.14, where got drop one...later rm20 all say why up so fast...I wish it drop back at 12..hish!!

Posted by honestplayer > 2017-11-28 09:14 | Report Abuse

Mustovoi, good update and reminder to all. Tq

Posted by hirocorn > 2017-11-28 09:31 | Report Abuse

now drop to 11.x already..

Posted by davidqsk > 2017-11-28 09:40 | Report Abuse

Buy Petronm now when it is down, when people are selling. It is going to rebound soon.

Posted by Awet91 > 2017-11-28 09:40 | Report Abuse

Market too weak,but it will rebound back tmr.now is the time to collect

Posted by moneyJohn > 2017-11-28 09:56 | Report Abuse

Collecting more again

Posted by Petronm RM18.50 > 2017-11-28 12:16 | Report Abuse

Come come lelong down then some rich investors will surely buy and catch it

Posted by oldkuku > 2017-11-28 14:48 | Report Abuse

Dare not drop far..............why ?? Anyone has the answer

Posted by tokohM > 2017-11-28 14:48 | Report Abuse

market weak until petronm stock also beaten down so heavily

Posted by Jon Choivo > 2017-11-28 15:20 | Report Abuse

Well, its no longer that cheap anymore. Not expensive, but not that cheap either.

Posted by Dragonpick > 2017-11-28 15:35 | Report Abuse

A stock which has potential to go above 20 is not expensive for those who have money and eagle eyes. Expensive or cheap is sometimes subjective and depending on your appetite

Posted by thenewbee > 2017-11-28 15:35 | Report Abuse

Tell me how u value this company ? Jon choivo, tell me what is not cheap nor expensive ? How do you understand the prospect of petronm and their future development?

Posted by Jon Choivo > 2017-11-28 15:37 | Report Abuse

Every stock also got potential. What is a share price other than future earning potential paid today.

Petronm have not arrived at my calculation of intrinsic value, but the margin of safety is too low for me to buy, nor is it so overvalued i have to sell. Since it does have a lot of stuff going for it, and i like how they do business and how the management run the company.

But ask me to buy more ah... so many cheaper ones in bursa and some of those also equally good.

Posted by thenewbee > 2017-11-28 15:39 | Report Abuse

Kesm was at 4 den it move up to 8.12,16,20. So at 12 do you feel expensive or cheap ? If that’s the way u value a company . U better stay away from the market, u wouldn’t be able big in the market. Invest in mutual bond, fd, properties

Posted by Misbehavior > 2017-11-28 15:41 | Report Abuse

well say John Choivo

Posted by Jon Choivo > 2017-11-28 15:41 | Report Abuse

Its not so much the value of this company. But the value of this opportunity compared to other companies in the bursa.

I don't doubt that this company will turn into a proper blue chip in the coming years and continue to grow well. That's why i still hold.

But so many other things to buy now. My FV for petronm is about 15-16 or so when i calculated it last time. At RM12, margin of safety not as big anymore, opportunity not that attractive anymore.


Posted by thenewbee > Nov 28, 2017 03:35 PM | Report Abuse

Tell me how u value this company ? Jon choivo, tell me what is not cheap nor expensive ? How do you understand the prospect of petronm and their future development?

Posted by thenewbee > 2017-11-28 15:42 | Report Abuse

If u don’t know what’s the intrinsic value of petronm, how do u know the margin of safety? Come on la. A company which suffered huge debt previously is now having o debt with incredible amount of cash flow. The qr has factored in the debt they need to clear as well. Was thinking that they might have to propose right issue to clear the debt, but prove me wrong. Petronm is another kesm with an awesome management team

Posted by Dragonpick > 2017-11-28 15:45 | Report Abuse

Jon Choivo is right to certain extent. His margin of safety is near zero in this case.

For others, focus on just one or few counters are already giving the good returns many envy for......hahaha

Posted by thenewbee > 2017-11-28 15:45 | Report Abuse

Ok true u will be right about the return. Not so impressive anymore. 2-3 year time 100% is possible . At least I feel safe to hold petronm, depends on appetite

Posted by Jon Choivo > 2017-11-28 15:46 | Report Abuse

I had KESM at RM7.8, held to 14, then i sold most of it.

Things that are overpriced can go even higher, and things that are under priced can go even lower.

I don't dare to say i can predict where the price can go. I can only make a rough estimate of what i consider the intrinsic value of the company to be.

But KESM now, is definitely overvalued in my opinion. Yes cars going more electronic, will increase demand, therefore increasing price and therefore increase profit.

But an increase in price and profit will result in more competitors and capacity expansion, which will increase supply, and therefore lower price and profit.

Not much moat there. Unless the management is so fantastic can constantly develop new and better product and stay ahead. They may well be able to, but that's a very small margin of safety.

Of course if you know something about the management and the market, and therefore you think its worth the valuation go on ahead and buy.

I don't know anything that will tell me its cheap, or that it has a moat worth paying for.

Posted by thenewbee > Nov 28, 2017 03:39 PM | Report Abuse

Kesm was at 4 den it move up to 8.12,16,20. So at 12 do you feel expensive or cheap ? If that’s the way u value a company . U better stay away from the market, u wouldn’t be able big in the market. Invest in mutual bond, fd, properties

Posted by Jon Choivo > 2017-11-28 15:52 | Report Abuse

You think msia only got petronm ah? No shell, petronas, caltex, bhp etc?

The other day i pumped at petron, and the seller automatic give me a membership card, i remember thinking "wow, that's interesting, other place never give automatically one or even ask, better keep the share."

Ask me to buy. Waseh, i have at least 2 companies that i think are trading at less than 30% of fair value, one of the management is fantastic.

3-4 at 50% of intrinsic value, 2 of the have very very good management.

3-4 that are fantastic net asset plays, with stocks only at 10-20% of RNAV fair value. Management is pretty ok also.

1 company that incredibly undervalued, great management, big room to grow. About 50% of intrinsic value. And this intrinsic value does not even take into account future growth and potential. Just the current value of earnings and asset.

And 1 company that is at fair value or slightly above, but the sheer moat i think is worth paying for.

You tell me, why i should buy more petronm instead of these others.

Posted by thenewbee > Nov 28, 2017 03:42 PM | Report Abuse

If u don’t know what’s the intrinsic value of petronm, how do u know the margin of safety? Come on la. A company which suffered huge debt previously is now having o debt with incredible amount of cash flow. The qr has factored in the debt they need to clear as well. Was thinking that they might have to propose right issue to clear the debt, but prove me wrong. Petronm is another kesm with an awesome management team

Posted by UncleMau > 2017-11-28 15:59 | Report Abuse

Jon Choivo, pls share your experience and insight in this forum with us. Appreciate it.

Posted by Misbehavior > 2017-11-28 16:01 | Report Abuse

Jon Choivo, pls share your undervalued stocks. Appreciate it.

Posted by Newmaster > 2017-11-28 16:02 | Report Abuse

Undervalued stocks again ?? Pls Jon Choivo come and share

Posted by Kawkaw > 2017-11-28 16:08 | Report Abuse

Jon...share what u mention above...talking big n loud no used...

Posted by Jon Choivo > 2017-11-28 16:08 | Report Abuse

Ikan bilis only here.

I'm not so keen on sharing my picks, because well, there is very little benefit, and if they don't perform in price, suddenly everything is my fault, despite me stating very very clearly that i can only estimate intrinsic value.

And i dont think its ethical to have a bunch of followers, and buy before my followers. Look at gadang and ays ( i dont have any), if you know the fundamental price fully, never mind, can top up. But if you follow others buy, when drop you really heart attack, cause all you see and know is the price, not the value.

Where the price go, i really don't know. I only know if it drops with no change in fundamentals, i will buy a bit more, if it goes up with no change in fundamentals, i will sell some or stop buying.

If i share my research, is only because i am truly not sure of my own research and need some comments. Ie, the stock is very clearly not cheap, i am clearly paying for potential, and potential is the easiest thing to overpay.

https://klse.i3investor.com/blogs/PilosopoCapital/133077.jsp

Timecom is the only company where i'm willing to pay for the potential and at close to fairvalue. It also happens to be the biggest position at 30%.

Due to how close it is to fair value, i'm willing to share, because i also not that sure if i'm overpaying for the potential.

Posted by UncleMau > Nov 28, 2017 03:59 PM | Report Abuse

Jon Choivo, pls share your experience and insight in this forum with us. Appreciate it.