Posted by Awet91 > 2018-01-02 16:35 | Report Abuse

HY too crazy now rm19 again this week.petron need to show us your power.

Posted by gomoman > 2018-01-02 16:49 | Report Abuse

Tomorrow ler

Posted by Newplayer286 > 2018-01-02 16:53 | Report Abuse

BTW Awet91, u buy so many? U r a real player ya

Posted by proacez2000 > 2018-01-02 17:02 | Report Abuse

tomorrow another round of panic buy...heading to rm18...thumb up

Posted by joeshare > 2018-01-02 17:16 | Report Abuse

Petron must run faster.. hy already left u behind lor...

Posted by Awet91 > 2018-01-02 17:18 | Report Abuse

Newplayer286 im just ikan bilis only,play small2

Posted by Newplayer286 > 2018-01-02 17:24 | Report Abuse

U r like many counters also got shares. 150k units are not small. I am a small potato only.

Posted by Awet91 > 2018-01-02 17:40 | Report Abuse

Haha i think other play big then me.even small2 you still earn $$$.

Posted by Newplayer286 > 2018-01-02 17:44 | Report Abuse

Yeah thanks to petron and HY

Posted by Awet91 > 2018-01-02 17:46 | Report Abuse

Lets huat together XD

Posted by Proact286 > 2018-01-02 17:47 | Report Abuse

agree. say no to sour grape

Posted by Totalpackage > 2018-01-02 18:03 | Report Abuse

4Q17 good for both Petronm n HY.... less than 2 months to go!!! Hold on tight!!!

Posted by alanthamkw > 2018-01-02 20:47 | Report Abuse

Let go before q4 will make you regret

Posted by Equityengineer > 2018-01-02 20:56 | Report Abuse

Petron can limit UP easily if QR is outstanding, it happens like twice before in last 2 years.. Yes, lets hope for the best. Only holding warrants though as for now.

Posted by joeshare > 2018-01-02 21:43 | Report Abuse

is petron considered as undervalued or overvalued? on a positive note it pays divided.. on the negative side hy brings better profit. which is better hy or petron? why is everyone chasing hy when there is no divided? why petron sleepy

Posted by Totalpackage > 2018-01-02 22:25 | Report Abuse

ppl are buying on potential n growth.... eventually dividend will come into place.

Posted by joeshare > 2018-01-02 22:48 | Report Abuse

but instituition would they buy on potential growth or dividend a factor?

Posted by Raymond Ng > 2018-01-02 23:00 | Report Abuse

from the graph, it show heading rm15 before drop back for correction

Posted by bukithot > 2018-01-02 23:37 | Report Abuse

https://businessmirror.com.ph/petron-refinery-expansion-seen-completed-by-2020/

Posted by bukithot > 2018-01-02 23:37 | Report Abuse

THE refinery expansion of Petron Malaysia Refining & Marketing Bhd. could be finished in two years, its top official said.

“If it is a go, it will be finished in year 2020,” Petron President Ramon Ang said. “The Malaysian expansion, if we will add 90,000 barrels per day [bpd], then it would cost $3.5 billion.

Petron Malaysia operates Petron Port Dickson refinery, which has a capacity of approximately 88,000 bpd, producing a range of petroleum products, which include gasoline, diesel, liquefied petroleum gas (LPG), industrial and commercial fuels and aviation fuels. Its fuels are distributed from approximately eight depots and terminals.

The company also operates over 560 retail-service stations across the nation.

It offers Blaze 95RON, Blaze 97RON Euro 4M and Diesel Max. Its LPG brand, Petron Gasul, provides energy in over 12 kilograms (kg) and 14 kg for households. It also offers a range of industrial fuel products, including Automotive Diesel Oil, Mogas, Kerosene and Jet A1. Its service stations also provide convenience stores with amenities, such as shopping marts and fast-food restaurants.

Ang said Petron Malaysia is “No. 3” in terms of market share.

In 2012 Petron announced its acquisition of a 65-percent stake in Esso Malaysia Berhad. It also signed a deal to buy subsidiaries ExxonMobil Borneo Sdn Bhd and ExxonMobil Malaysia for $404 million, bringing the total transaction to $610 million. Rebranding and upgrading programs commenced in the same year.

“The business in Malaysia is going well. We bought it when its Ebita [Earnings before interest, taxes, depreciation and amortization] is $20 million. This year [2017], we will end at $270 million in Ebita,” Ang said. “With the expansion, it should give us $600 million a year, from $20 million.”

In the Philippines Petron is also planning another expansion of its refinery.

Petron will start the first expansion program next year, bringing the capacity from the current 90,000 bpd to 180,000 bpd. This will cost the company $1.5 billion.

Ang recently announced another expansion that involves expanding the capacity by another 90,000 bpd to a total of 270,000 bpd. He said the second expansion may cost $3.5 billion and could be finished by 2020.

“We can add another 90,000 barrels per day later on, we can ramp up the capacity or to produce more petrochemical,” Ang said. “If we’re going to add another 90,000, that would be $3.5 billion because the first expansion is just a debottlenecking project of the existing refinery,” he added. “The next expansion will be like a totally new refinery.”

Last year Petron commissioned the $2-billion Refinery Master Plan 2, allowing it to produce more high-value fuels and petrochemicals. It said costs have gone down since its 180,000-bpd Bataan refinery can now process cheaper crudes.

The upgrade is expected to foster Petron’s profitability toward end-2016 and this year due to improved margins from the upgrade of its refinery, despite the continued drop in global crude prices.

Petron expected another banner year in 2017 due to robust sales volume, operational efficiency with increased crude run at higher product yields, and effective risk management.

At end-September last year, Petron reported a consolidated net income of P11.8 billion, up 58 percent, from P7.4 billion last year.

Local and Malaysian operations sales volumes hit 80.2 million barrels, slightly higher than the 79.3 million sold in the same period last year.

In 2016 Petron’s net income amounted to P10.8 billion, up from P6.3 billion in 2015.

Posted by joeshare > 2018-01-03 00:29 | Report Abuse

I believe the profit would be better that is the reason they are willing to pour in more money. Common sense ..the reason they are willing to invest is because based on current profit that they are making they are confident of making much more

Posted by feimah > 2018-01-03 09:23 | Report Abuse

Thanks to all sifu, I have made enough profit and sold all my petronm this morning

Posted by sheldon > 2018-01-03 09:54 | Report Abuse

Although Hengyuan seem to be surging way ahead of Petron, my preference is for Petron. Why?

Firstly, it's has a wider diversity of products.

Secondly, I don't trust China-based companies. They're famous for dubious accounting practices.

Posted by angmo > 2018-01-03 09:58 | Report Abuse

Come on Petronm................you can do it !

Posted by Nek0san > 2018-01-03 11:36 | Report Abuse

Will drop to 10.00, RUN

Posted by Kyou > 2018-01-03 11:37 | Report Abuse

Time to catch some CJ?

Posted by Nek0san > 2018-01-03 11:48 | Report Abuse

RUN, storm is coming...

Posted by Samuel Chan > 2018-01-03 11:56 | Report Abuse

Please compare the hengyuan 5 min candle with petronm, exactly same thing last Friday.

Posted by AliCafe > 2018-01-03 11:58 | Report Abuse

topup abit at 13.50

Posted by Samuel Chan > 2018-01-03 13:27 | Report Abuse

This nekosan is in hengyuan spreading bad news too. I wonder where is he coming from? Seems like somebody deliberately crea panic selling in both stock..

Posted by Frank Tan > 2018-01-03 13:29 | Report Abuse

你可殇在这里也乱吠，在HY那边也语无伦次，有病+无脑也！

Posted by newtrend > 2018-01-03 13:41 | Report Abuse

sapu cw cheap cheap now kikiki

Posted by tradeup2020 > 2018-01-03 15:35 | Report Abuse

bullet gone d, so im just watching the show

Posted by pitbull > 2018-01-03 16:30 | Report Abuse

Nekosan..so FREE at here? Hw old are you ?
Childish

Posted by proacez2000 > 2018-01-03 17:16 | Report Abuse

tomorrow another round of panic buy...haha

Posted by chanj > 2018-01-03 20:59 |

Post removed.Why?

Posted by fkser > 2018-01-03 21:30 | Report Abuse

TOMORROW GAP UP

Posted by kokokrun > 2018-01-03 21:35 | Report Abuse

tomorrow drop to 9.00, will drop 5 ringgit.

Posted by Kawkaw > 2018-01-03 21:44 | Report Abuse

Bought today n will collect tomolo..suppose down further..
Good luck to myself

Posted by Raymond Ng > 2018-01-03 22:16 | Report Abuse

crude oil price increase again, petronm graph show normal trending up.

Posted by lcp421 > 2018-01-03 23:34 | Report Abuse

crude oil is now 61.1

Posted by Nek0san > 2018-01-03 23:45 | Report Abuse

GAME OVER tomorrow, drop 3.00 RUN!!

Posted by Bluemoon888888 > 2018-01-04 00:22 | Report Abuse

非一般白痴nek 又从hy 过来给人吊!可怜他妈出了一个贱精!

Posted by Bluemoon888888 > 2018-01-04 00:34 | Report Abuse

Nek 我看你要在身上开多几个洞，不然不够给人插咯！

Posted by HENG YUAN PE 7 IS COMING!! > 2018-01-04 01:10 | Report Abuse

hahaha.... comments like no Brain.... how to drop to RM 3?

Posted by HENG YUAN PE 7 IS COMING!! > 2018-01-04 01:10 | Report Abuse

that guy so funny

Posted by Bluemoon888888 > 2018-01-04 01:22 | Report Abuse

His head full of hole where got place put brain???

Posted by Activeinvestor > 2018-01-04 07:09 | Report Abuse

Add more if drop

Posted by anssw > 2018-01-04 08:12 | Report Abuse

这个nekosan是不知道死字怎么写，像一条疯狗到处乱吠。

Posted by Frank Tan > 2018-01-04 09:25 | Report Abuse

泥剋殤=一点知识都没有，不用彩它，噻嘿！