it is logic in this share . DJI dropped 1200 , it dropped 30cents. TA analysis report out , it is dropping 10cents. but i dont want to see it drop till 10rm ya .. T.T
for those who haven't join , this is the advise to you , buy only if you have money to hold .. else you will find very difficult to clear the stocks with gain ..
today not yet bought,can buy in tomorrow. you will rich soon. very good fundamental as crude oil start to going down. crude down,crack spread will upward.
I predict that Q4 17 eps at between 45 sen to 50 sen based on the followings 1. There will be inventory gain due to higher crude oil price on 31st Dec vs 30th September . A price difference of about US 10 per barrel 2. THe best ever crack spread of more than US 9 compared with previous few qtrs 3. The EPS of the last 4 rolling qtrs were 39.30 sen , 33.70 sen , 40.20 sen and 41.71 sen . Petronm can still delivered 33.70 sen in Q2 17 even though there was inventory loss . 4. Generally , Q4 is the best qtrs for retailed sales of petrol to consumers . With Q4 at more than 45sen , we expect the total 2017 eps to be at > 158 sen . This translate into a PE of 6.9 at today price of RM 10.98 . There are two Research houses set targetted prices of 16.50 and 14.50 respectively .
As the wider price spread becomes normalized, Asia could also step up imports of U.S. light crude this year after U.S. medium grades dominated the flow in 2017, Willis said.
The light crude supply would also be welcomed in Asia after rising Brent prices caused European crude oil loadings for Asia to drop to their lowest in four years at the start of 2018.
pjseow I predict that Q4 17 eps at between 45 sen to 50 sen based on the followings 1. There will be inventory gain due to higher crude oil price on 31st Dec vs 30th September . A price difference of about US 10 per barrel 2. THe best ever crack spread of more than US 9 compared with previous few qtrs 3. The EPS of the last 4 rolling qtrs were 39.30 sen , 33.70 sen , 40.20 sen and 41.71 sen . Petronm can still delivered 33.70 sen in Q2 17 even though there was inventory loss . 4. Generally , Q4 is the best qtrs for retailed sales of petrol to consumers . With Q4 at more than 45sen , we expect the total 2017 eps to be at > 158 sen . This translate into a PE of 6.9 at today price of RM 10.98 . There are two Research houses set targetted prices of 16.50 and 14.50 respectively . 13/02/2018 21:43
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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....
Newmaster
485 posts
Posted by Newmaster > 2018-02-12 15:48 | Report Abuse
Adding ahead of 4q result in few days time