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Last Price

4.21

Today's Change

-0.03 (0.71%)

Day's Change

4.20 - 4.22

Trading Volume

58,400


10 people like this.

19,330 comment(s). Last comment by mf 2 weeks ago

Jon Choivo

3,668 posts

Posted by Jon Choivo > 2017-11-28 16:10 | Report Abuse

Anyway, good luck with petronm everyone. Go up also not bad, i still got some shares, can make some money.

If drop also never mind, drop low enough, i can buy more.

MayBee

49 posts

Posted by MayBee > 2017-11-28 16:13 | Report Abuse

Mr Jon, really hope you could share more good counters with us here.

We are mostly cash rich investors here to wait for next Petronm to emerge.

kundasang

33 posts

Posted by kundasang > 2017-11-28 20:20 | Report Abuse

Petronm share will go higher, don't worry...!

Jon Choivo

3,668 posts

Posted by Jon Choivo > 2017-11-28 21:34 | Report Abuse

Look at RCECAP and do your own research. That's all ill say.

Posted by MayBee > Nov 28, 2017 04:13 PM | Report Abuse

Mr Jon, really hope you could share more good counters with us here.

We are mostly cash rich investors here to wait for next Petronm to emerge.

Jon Choivo

3,668 posts

Posted by Jon Choivo > 2017-11-28 21:40 | Report Abuse

I dont want anybody to buy my stocks because i say so, but only because they themselves got research properly and like it at that valuations themselves.

My comments there should give you a fairly decent path at doing your own valuation.

Posted by LogicTrading > 2017-11-28 22:30 | Report Abuse

To be frank, I ve been watching RCE for sometime. CEO is someone I knew for many years. Capable individual

RocketCop

22 posts

Posted by RocketCop > 2017-11-29 09:45 | Report Abuse

30 Nov is the MSCI coverage for PetronM

Posted by chickenputih > 2017-11-29 11:13 | Report Abuse

sudah xcantikkkkkk .... cautions !

loaded

64 posts

Posted by loaded > 2017-11-29 12:53 | Report Abuse

Quite boring towards year end

Awet91

1,934 posts

Posted by Awet91 > 2017-11-29 15:24 | Report Abuse

Petron still at sleep mode while hengyuan chasing now

thenewbee

3,605 posts

Posted by thenewbee > 2017-11-29 15:46 | Report Abuse

petronm still super healthy. it will go up by itself

Posted by lowprofileone > 2017-11-29 16:00 | Report Abuse

Looks like by Feb 2018 will touch 18

thenewbee

3,605 posts

Posted by thenewbee > 2017-11-29 16:12 | Report Abuse

haha if february touch 18? the warrant become how much? tink too much la. 15 by february i also happy d

thenewbee

3,605 posts

Posted by thenewbee > 2017-11-29 16:17 | Report Abuse

funds are collecitng, tomorrow will have a push

Jay

1,126 posts

Posted by Jay > 2017-11-29 16:19 | Report Abuse

if petron 25-30% upside is insufficient for some investors then good luck. some stocks may seem to offer much higher upside but sometimes it may be wise to ask yourself why they are so undervalued, chances are most of them are value trap. if you have invested long enough you will know that net asset play is one of the worst methods of investment, especially when shareholder activism is so low in Malaysia

thenewbee

3,605 posts

Posted by thenewbee > 2017-11-29 16:22 | Report Abuse

petronm and hengyuan going different direction. will hengyuan be able to catch up petronm tomorrow?

Newmaster

485 posts

Posted by Newmaster > 2017-11-29 16:25 | Report Abuse

15% or more already hard to come by nowadays in Bursa, still greedy for more ? Yet, Petronm has so far been able to perform so well and just give it a little time you will see an explosive surge to prove you are wrong to let go this counter !

thenewbee

3,605 posts

Posted by thenewbee > 2017-11-29 16:29 | Report Abuse

tomorrow msci start covering, today activities look like last week trend before surging. If tomorrow breakout will be a huge one. Buy before its too late.

Posted by bobthevalueman > 2017-11-29 21:13 | Report Abuse

Look at the liquidity. All you need is one big fund to buy in... rocket

Ricky Yeo

1,637 posts

Posted by Ricky Yeo > 2017-11-30 08:23 | Report Abuse

It is not the upside that matter. It is the expected value that takes into account the magnitude of both upside and downside that counts. Looking at upside is exciting, while the focus on not losing money is boring and dull. But it is the dull, of not losing money, that enable compounding. Talking about sensationalism.

Newmaster

485 posts

Posted by Newmaster > 2017-11-30 09:15 | Report Abuse

Ricky Yeo, give you like.

Posted by Imposterranger > 2017-11-30 10:13 | Report Abuse

Those following idiot Tradeview sold too early below 10......now watching eagerly to buy back.

But have no idea how low they could get it back into their bags.

Posted by alanthamkw > 2017-11-30 10:45 | Report Abuse

Petronm has the best cash churning biz model in Bursa

Kyou

1,225 posts

Posted by Kyou > 2017-11-30 10:46 | Report Abuse

omg... CJ huge lost now...

thenewbee

3,605 posts

Posted by thenewbee > 2017-11-30 12:45 | Report Abuse

Hang in there boys

Halite

8,633 posts

Posted by Halite > 2017-11-30 12:57 | Report Abuse

Jay ; if petron 25-30% upside is insufficient for some investors then good luck. some stocks may seem to offer much higher upside but sometimes it may be wise to ask yourself why they are so undervalued, chances are most of them are value trap. if you have invested long enough you will know that net asset play is one of the worst methods of investment, especially when shareholder activism is so low in Malaysia


well said Jay, petronm still has at least 20-30% upside, many a time we get more than we have expected. Jon Choivo is another name of Calvin, only look at book value , nothing else .

Halite

8,633 posts

Posted by Halite > 2017-11-30 13:04 | Report Abuse

newmaster,

Stock: [PETRONM]: PETRON MSIA REFINING& MKTG BHD
Nov 28, 2017 04:02 PM | Report Abuse

Undervalued stocks again ?? Pls Jon Choivo come and share


he got nothing to share lah......

he is worse than calvin,

at least calvin will explain what and why

this guy simply hentam only

try to be different to attract attention

good enough you have not give him a "pukimah"

Awet91

1,934 posts

Posted by Awet91 > 2017-11-30 13:08 | Report Abuse

Lol hahahah

Halite

8,633 posts

Posted by Halite > 2017-11-30 13:18 | Report Abuse

ricky yeo,

i am one of your follower .

"......It is the expected value that takes into account the magnitude of both upside and downside that counts.........."

this is not an easy job .... too many assumptions, not a fair and unbiased calculation

Jon Choivo had done it for hengyuan but fail , if not now , sure to be later

thenewbee

3,605 posts

Posted by thenewbee > 2017-11-30 14:52 | Report Abuse

relax, someone press it down intentionally. is pretty obvious, not much volume

tokohM

432 posts

Posted by tokohM > 2017-11-30 15:44 | Report Abuse

what happened to petronm? reflected good news and retrace back?

Newplayer286

2,654 posts

Posted by Newplayer286 > 2017-11-30 15:51 | Report Abuse

It's ok let it drop, smile later that's why fuel happy

tokohM

432 posts

Posted by tokohM > 2017-11-30 15:58 | Report Abuse

fuel happy with petronm,:-)

Posted by CapitalVenture > 2017-11-30 15:58 | Report Abuse

Loading.......quietly here.

Arlong

45 posts

Posted by Arlong > 2017-11-30 16:04 | Report Abuse

best time to accumulate petronm.

富二代

32 posts

Posted by 富二代 > 2017-11-30 16:05 | Report Abuse

I'm here again to catch some !

stocknanmy

105 posts

Posted by stocknanmy > 2017-11-30 16:08 | Report Abuse

Mari jual la kua kuat, sempat utk kita buat kutipan lagi.......wakakaka

Awet91

1,934 posts

Posted by Awet91 > 2017-11-30 16:15 | Report Abuse

So much drop grrr i hate when this happen but need to collect more to average lost on cj grrr.

stocknanmy

105 posts

Posted by stocknanmy > 2017-11-30 16:16 | Report Abuse

I suka

sheldon

1,419 posts

Posted by sheldon > 2017-11-30 16:18 | Report Abuse

If you are willing to hold till 2095 then there's money to be made

tokohM

432 posts

Posted by tokohM > 2017-11-30 16:19 | Report Abuse

i also lose on quite some other counters. Pray hard petronm can let me breakeven.

kkteng70

432 posts

Posted by kkteng70 > 2017-11-30 16:28 | Report Abuse

Q report cantik drop also.

UncleMau

211 posts

Posted by UncleMau > 2017-11-30 16:31 | Report Abuse

Noticed the buying and selling q are so active in this quiet mkt which is usually not the case. Moreover, volume done is also low.

The activities are so fake to me. So hold on tight to your shares tight, cheers !

thenewbee

3,605 posts

Posted by thenewbee > 2017-11-30 16:38 | Report Abuse

i agree with that, volume are extremly fake to me. it doesnt look like a sell off anyway. an uptrend for petronm could go straight to 14-15

Awet91

1,934 posts

Posted by Awet91 > 2017-11-30 16:41 | Report Abuse

Need more patience on petron if cannot tahan susah ooo

thenewbee

3,605 posts

Posted by thenewbee > 2017-11-30 16:43 | Report Abuse

u hold for 20% loss or 100% gain later on? be patience, i'm quite experienced with petronm and hengyuan

LaiHuatAhh

162 posts

Posted by LaiHuatAhh > 2017-11-30 16:44 | Report Abuse

lol... company fundamental strong... good quarter result... but share price drop.... chance to buy la... wait what lol... this is no brainer....

LaiHuatAhh

162 posts

Posted by LaiHuatAhh > 2017-11-30 16:46 | Report Abuse

if u telling me... the company wit huge debt... qtr result uncertain... share price drop... u dare not buy as things not transparent enuf for u to make decision to buy i can understand... but for petronm is not the case.... lol

GICSpore

52 posts

Posted by GICSpore > 2017-11-30 16:51 | Report Abuse

Creating fear is the most commonly used technique by operator to flush the holders.

But remember, operator has no control over the company's performance. And FCF is still growing strong for Petronm.

Operator is in fact more fear than most smart and calm investors in losing their holdings if they press the price too far down. Meaning they have to quickly pull the price up as soon as the price goes too low.

Ricky123

64 posts

Posted by Ricky123 > 2017-11-30 17:48 | Report Abuse

Hrc result out eps 120....both fly monday

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