Here used to have Paperplane, Probability, Stockraider, EquityEngineer, Pang72, Alex, Jay and Icon88 sifus here. I enjoyed reading the analysis and discussion by them.
Now only got Halite sifu and new people here.
I believe Petronm will perform in tantrum with Hengyuan with different scale of profit. Petronm has retail and seemingly better and continuous improvement in retail marketing that extend beyond Petronas, Shell, Caltex or BHP.
I also like their customer service, they even give you a bottle of water when you pump their Petron RON 100 fuel as appreciation. The premium fuel price is also fixed at RM3.00 per liter for the time being.Quality fuel that is good for distance driving. The RON 95 and 97 is also seemingly better quality and smoothness than other brand of fuels.
limcm , dont feel lonely . They were attracted by Hengyuan's q3 extraordinary result which was at record high . When you study the fundamentals of a company , we should look at not only the future but past track records . Petronm's eps for the last 3 years were more consistent and predictable . It had never lose money since 2015 unlike Hengyuan which lost money in one of the qtrs in 2015 and one in 2016 . In fact q2 2017 was as low as 28 sen . Petronm has a low margin ( 2 to 3 %) retailed business but very high revenue and consistent profit. If Petronm goes into the high margin Petrol Chemicals products like Petronas Chemicals which has a margin of more than 20% with the coming 14b investment, Petronm will be more like Nestle and Panamy which has a consistent margin of more than 10 % . We need to be patient .
Foreign funds for sure will withdraw aggressively in all blue chips, I expect petron to tumbling down 80 sen to rm1....problem is there are many mega offer, petron might not attract much interest !!! Chow first !!!
there is no reason to panic if you can hold because you will get dividend or you see company generate more and more cash , PHILIPINES DO NOT HIDE ANYTHING IN THEIR FINANCIAL REPORT . there is a lot of reason to panic if you buy with margin because the shares is not yours the best thing to do now is to clear your margin , even at a loss , because the most important thing now is not making money but sleep well every night , play well every day
Don’t be scared, and don’t be impulsive. Be disciplined no matter what the market environment, and keep saving and investing according to your long-term plan
US markets had of late seen meteoric rise & intuitively I'd say overshot so they have a lot of downside risk. Of course the interest rate hike would have some bearing but our stocks thanks to our "skilled & honest" politicians have been languishing so go figure.
4q report card is around the corner and can be extraordinary good based on higher crack margin towards end 2017.
Furthermore, Philippines parent will normally announce its quarterly result prior to Petronm. So time to watch out for the hint from parent and continue monitor and accumulate at this sold down price if you can.
Strong earnings coupled with ability to churn in huge cash flow to fully settle debts is the key to sound fundamental for this company. Any weaknesses in price will be good opportunities for adding like what I do
IB for CWs holding not too many shares, thats why each time they throw down then only I will buy from them but at VERY low end to later buy its call warrants too to make them lose their pants
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....
kuaTAKtahu
1,485 posts
Posted by kuaTAKtahu > 2018-02-05 18:54 | Report Abuse
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