Petronm is one of the stocks in my 2018 portfolio. So i have 11 months and 11days to wait for my 18 target. Wait with plenty of pocket money in the pocket will definitely sleep well every night I will definitely buy more if my lower bound buy signal is triggered.
If you do not want to lose money Never sing the song Tomorrow could be better But Always sing the song Next year could be better Then the magic door is opened You got a bonus Tomorrow become better as well
dont need to read data lah, common sense tell its oversold by panic sellers last few days lah..i dah attack 38 lots from 11.1 to 11.3 going to keep or already park @12.80 kikiki henghuan made 165k in 18 hrs, this one hope to make 60k in t3 kikikik
George Leong , your analysis really helps shareholders of Petron to understand the potential eps better . Your estimation of 161 s for 2017 is realistic . Q4 17 is typically a better quarter . My estimation is slightly higher than 161 s . Let's hope Petronm deliver such result .
However, according to the quarterly report, Petron's management used Brent Crude as a base line for comparison, so am merely following their analysis. Feel free to share some of your findings, so we could all learn from each other.
To pjseow: Ya, hope Petron delivers a better result + dividends, to reward us shareholders.
I guess due to consistency earning (long term), predictable earning, strong consumer brand, consistent div payout... big fund big kaki love this.... if u have millions of money would you park your money at nestle or hengyuan?
Nestle and PetDag has never lose money in the past 20 years . Although more than half of Petron earnings comes from Retail which is similar to PetDag , Petron do have the refinery business which have more volatile earnings . In fact Petron lose money in both 2013 and 2014 contributed mainly by the refinery . In view of the high capital expenditure ( 14 billion ) announced by Petron to upgrade and expand its capacity to 178kbpd , in my opinion it is better for Petronm Malaysia to sell off its refinery to a new company which focus 100 % in Refinery . Petronm can focus 100 % on its retail and distribution business exactly like PEtDag while owning a certain percentage of the new refinery business from the fair valuation of its refinery assets " sold " to the new refinery company . The new company can be owned and funded mainly by the parent company with some other partnership from China or with new public issues . WIth such restructuring ,then Petronm can be valued with a higher PE ( 20 to 25 ?) similar to PEtDag .
@pjseow, from what I understand from the management, they want to go "both" way 100%, hence upgrading the refinery (178kbpd capacity) + expanding/build more petrol station (volume game)... imagine that....
Talk about business risk, a good combination of both refinery and retailing is better than a sigle business activity may it be reatiling or refinery alone. Talk about profit optimization, it is still a good combibation of both retailing and refinery is better than a single activity alone in a normal business conditions. Not the boom or the doom period. In view of this i feel petronm deserves a higher pe valuation of at least 16
Put it in a more comprehensive language In shares trading we can sailang to make more or diversified to gain less. Which one do you choose. Of the one which more people prefer will have more demand
Not bad, it took me whole last year to make RM1 mil, and your friend make RM500k in 1 day ... hmmm, RM500,000 x 365 days = RM182 mil!! He will be Malaysia's richest man soon!
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....
sheldon
1,419 posts
Posted by sheldon > 2018-01-19 06:37 | Report Abuse
Wishing all the best for today's trading!