Yes you are right.petronm i like to hold but for cw if hit them run.later can buy back if price drop.mothershare still can get dividen if hold.hengyuan roller coaster fast up fast down.
I wish to remind you Do not take david write up for real It is more a mathematical deduction then business reality about the expansion plan A satellite view not insider view Have you ever seen a compango bankrupt after an expansion that bring growth and more earnings
Yes, i hope david read your comments also So that his next article about the expansion is more comprehensive cover both the pro and con. If not it could be veyrmisleading
Petronm share price is likely to be weighed down by its gigantic RM14B investment for expansion over the medium term. There's likely to be limited to no upside to its share price until the expansion is completed and works out as planned. If the share price performance of Petronm today and yesterday is anything to go by, we are already seeing early signs of uncertainty over its expansion being built into its share price. Meanwhile, Petronm share price would be very susceptible to any adverse news associated with its expansion.
Dividend payments are also likely to be suspended or reduced due to the massive need for cash to finance its expansion.
Also, if there's going to be a major or full shutdown of its refinery plant in connection with the expansion, question remains on where it's going to get fuel and diesel to keep its petrol stations running. The cost factor (esp shipment/import and storage) is a critical consideration here.
Those who are undecided whether or not to continue staying invested in Petronm or those mulling to invest in Petronm should take the above factors into consideration.
That said, people who are in for the long haul and have faith in the Management's business foresight and execution track record may choose to disregard these factors.
Please bear in mind that I am NOT saying expansion is dangerous or no good. In fact, it is one of the ways to grow a business. I am merely presenting some uncertain factors related to any expansion for consideration. It is not my wish to see any investor losing money.
What kind of nonsense is this? Anyone with 1K can buy a stock with $15. Rich and famous might have correlation with good investment decision but definitely not causation. Don't confuse correlation with causation. Plenty of rich ppl make dumb decisions
Just focusing on the 14b, the interest expenses, the depreciation and its impact on the accounting profit but not a slightest mentioning of how the fund is used, how it is raised, how much is the return and thr growth in earning it can bring to the company to indicate that whether the plan is feasible and beneficial to be executive, i feel that is a very careless, unfair and misleading write up.
I do not see anything new in your long comment, do not just cut and paste what david, stockraider and probability said. Do you know how the fund is raised Do you know how it is used How the plan is executed Do you know how much growth it will bring Do you think the management of petronm are a group of dumb dumb, they did not conduct any due deligence or any feasibilty study before they embark on the plan They do not see the impact on the near term accounting profit you mentioned Do not forget market is always FORWARD LOOKING. befote the real profit is reported, the price already peak I do not see any improvement or anything new in your comments other than a copy cat of david probability and stockraider
Hi Halite. I only see one point worth responding to regarding your post.
To quote what you wrote, "Do not forget market is always FORWARD LOOKING". Based on Petronm recent share price performance, can we thus deduce that the market doesn't quite like what it sees about the future of Petronm?
WHICH SIFU TEACHES YOU THAT TODAY DROP 20 CENTS TOMORROW CAN NOT SHOOT UP TM2.00
Posted by Vince Sinclair > Jan 23, 2018 11:51 AM | Report Abuse
Hi Halite. I only see one point worth responding to regarding your post.
To quote what you wrote, "Do not forget market is always FORWARD LOOKING". Based on Petronm recent share price performance, can we thus deduce that the market doesn't quite like what it sees about the future of Petronm?
HENGYUAN FORUM IS FULL OF TRADERS PREYING ON THE NEWBIES
THIS IS WHAT I SHARED IN HENGYUAN
Posted by Halite > Jan 23, 2018 09:34 AM | Report Abuse X
Good morning
Be fair to the newbies Stop your crazy excessive promoting immediately Just talking about spring and skip the winter At the end all die in summer and autumn I like hengyuan but hate your crazy promoting
Do not just looking at the low PE and high earning ask yourself a simple question is the earning sustainable ? any more growth? An earning just based on volatility of crack spread alone can survive long and does not deserve a high PE. No IB analyst dare to touch on this piece because no disclaimer is strong enough to cover you from the cursing of your grandfather later
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 > 2018-01-22 16:11 | Report Abuse
Never sailang
ALWAYS leave some pocket money in your pocket
When others buy cheap you also you also can buy cheap