If your logic is right Then all the construction companies need not have to get more contracts All manufacturing do not have to build more factories Since all need more money for expansion
Uncle Mau , I sold my HY early early at 17.00 and switched to Petronm because I cannot sleep when HY drop from 19,20 to 16.10 within one day . Mana tau , Petron also roller coaster but not like HY swing everyone upside down . If I still hold HY , I kena heart attack liao .
i think will drop more. my personal opinion both petroj and hy oversold due to good promoters. now with petron upgrade, china oil dump the potemtial of growth is losing its appeal. for me the risk and reward dont justify the price. a single digit price is my tp.
I travel around whole malaysia .I m doing sales , what I see is every where got new Petron stations so ...if u r real invester now start to collect step by step .u will get large reward finally.
Ya , I did mentioned I switched to Petronm a week ago when HY price was still around RM 17 . I am glad I sold all HY shares 2 weeks ago . I did explain why I liked Petronm . We just had to be patient .
Nothing wrong with petronm Just a normal market reaction It is hengyuan house on fire Petronm house also feeling hot.. .. Forget it lah.... Very soon You will sing Petronm petronm I love you
Petronm already very kind to us We want tp 12 last yesr She gave you 14 This year you want 18 Now just beginning of the year Why do anxious to claim your angpow
It want to fall let it fall lah... You are not going to sell Still live the same life Why make you life do difficult 18 is achievable but not now Why dance with the price up and down
The difference between HY and Petronm share price is less than RM 1 now . At one point HY lead Petronm by as much as RM 4 .I think Petronm share price will be higher than HY very soon when more and more peoples realised that Petronm had a " sure make money " retailed business like PetDag. The APM pricing determined by the government is a sure win business irrespevtive of crude oil price and crack spreads .
Always put aside a good enough amount as your pocket money for 2018 Then you are less stressful to see the struggling hird to you preset target. It may take 1 month 2 months 3 months... No money in the pocket how to be not stressful when the ptice drops 80 cents today
Petron is a net cash company of rm113m, clearing off most debts in Q3FY17. I expect Petron cash level to rise to rm250-300m, and increase its net cash position to rm200m.
Cost of Refined PRoducts ( MOPS) Alpha Retailer Margin ( 5 sen for gasoline and 2.25 sen for Diesel) Dealer margin Operational Cost Sales tax
Petronm Stations will make about 2 to 3 % margin from the sales . Assuming 10 billion sales per year . A margin of 2 to 3 % is already RM 200m to 300 m . The operational costs are fixed by the goverment ,If PEtronm can do some cost savings , they can also make some money from there . With 270 million shares . THis earning is about 80 s to RM 1 per share per year . Half of the stations also has convenience stores " Treats ". This part of the business is the same as PetDag. Assuming an eps of 80s for this business . If a PE of 16 is given to this business alone , it is already RM 12.80 . This exclude the refinery business . This year eps is expected to be RM 1.60 due to record earning from Refinery business . The analysts gave target prices between 14.60 to 16.50 by using both PER ( 12.5 ) method and DCF method .
I think even my remaining 20% is worth more than your 100% hahaha ... i made over RM1 mil profit last year from the stock markets alone! All because i don't stop questioning, haha!!
So everyone rejoice when oil price up... what happen if oil price going down soon????? You see opec is loosing market share with tight oil... think they will sit and wait meh... gonna start waiver liao their commitment... Saudi gonna try to hold on until Aramco finished ipo... then kaboom
People make billion no sound . Someone see people die he laugh . So what he want from here ?To show to people he is smarter than others.That type we call what ? Alien ? ET ?
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....
Halite
8,633 posts
Posted by Halite > 2018-01-18 12:14 | Report Abuse
If your logic is right
Then all the construction companies need not have to get more contracts
All manufacturing do not have to build more factories
Since all need more money for expansion