The trend has changed for petronm. US and OPEC will try to maintain old price btw 65 -70usd. I think petron go downhill in 2018 untill the planned upgraded completed. The prospect has changed after oil price surged up. The best strategy is sell now and collect back cheap after the planned ungrade completed
Dont sell..petron needs fresh air n take time to digest such report. Nothing can be done over night...even embryo devolopment needs time.. Invest in petronm will not let you down..trust mee mamak...
Those who are new in the forum You must stand firm with your believe Do not be misled or confused by some good intention people Petronm is high price stock, not many are willing to pay a big amount of money but get just a few lots of shares only Take for example, the amount you pay for 10 lots of petronm is enough for you to buy 400 lots of PTRANS If you are not prepared to hold for sometime , it is better for you not to touch
If you still have petronm shares going to sell, please go ahead, nobody stop you But i believe many sifu here are willing to pay a good price to buy from you
Continue adding is the best strategy to average down. Will add more as the pe has turned attractive due to price weakness for this strong net cash company with dividend.
Now my cost is 12. Will not hesitate to bring it down to 11 when it hit my next buy signal Execute your plan well, then you will gain more than you want. Shares trading is a game that needs a lot of patience to succeed. The success formula is simple SUCCESS = GREAT COMPANY + PATIENCE Petronm is undeniably a great company to invest for investment success
Look at the recent QR, even with a big margin squeeze, EPS still able to maintain well around 40 cents, comparable to Petdag which is currently trading at 25. I believe very soon it will become a next target of sailang of my good friends OTB and Stockraider. Some people may argue that this quarter earning is maintained by land divestment. It is non operational profit, but do not forget 560 lots of land is definitely no more to be considered a traditional non operational profit but a big value creation
Only shortsighted investors don't want consistent earning with a forward PE of 4 or less. Why i said forward PE 4 or less? I don't think you can understand if I am willing to explain
- based on current trend margin compression is here to stay. - next quarter petronm need to get at least 108 mil net profit for YoY improvement. - current year earning is boasted with one-off gain. - uncertainty with its capital funding for massive expansion. right issue? stop dividend? - mandatory plant shutdown
Above are the factors which make me feel uncomfortable to put money in petronm at current price. Maybe it is just me.
Petron eps for 2015 , 2016.amd 2017 were 82 sen , 90 sen and 150.sen Arent such eps growth rate considered exponential? Petron has also achieved net cash status in 2017. It also rewarded shareholders with 2.2 % dividend yield. With yesterday price , the PE is less than 8 .
That is right. What is so uncomfortable to park your money here No borrowing, hundred million of free cash plus dividend better than the bank saving account
If you compare petron eps growth with cyclical semincon stock Kesmi which had eps of 36 s , 71 s and 102 s for 2015, 2016 and 2017 , petron earnings were relatively higher . Besides Kesmi DY is less than 1 %. Petron retailed earnings are much more stBle tham Kesmi
The propoaed rm 14 billion investment will enabled petron to have SUPER EXPONENTIAL EPS GROWTH to RM 2.4 billion.per year. This is 6x the current yearly earning. On one hand some investors worry about huge capital spending , on other hand some investors worry about no earning growth. There is no free lunch. Can someone ask Tomy Fernandes not to spend billions buying new planes and expect him to deliver exponential growth.
Halite also hate to disagree with brother stockraider but to clear the misconception about the expansion to bring the company to the next higher level of growth
Aseng sifu : Before the food is cooked , it is always too early to tell how it taste.
My good brother stockraider, sincerely hope that you stop the habit making conclusion too early
The problem here is petronm need to spend 14 billion into refinery for growth? I thought petronm investor like retailing business? You have no objection company is spending 3x of market cap into refinery?
RAIDER HOPE PETRON MAKE THE RIGHT DECISION TO EXPAND BIG MAH...!!
RIGHT NOW PETRON INVESTORS ARE NERVOUS LOH...!!
IF WITHOUT THIS BIG EXPANSION IN REFINERY, THE FAIR VALUE OF PETRON IS RM 15.00 LOH....!!
Posted by Halite > Feb 24, 2018 12:01 PM | Report Abuse
Halite also hate to disagree with brother stockraider but to clear the misconception about the expansion to bring the company to the next higher level of growth
Aseng sifu : Before the food is cooked , it is always too early to tell how it taste.
My good brother stockraider, sincerely hope that you stop the habit making conclusion too early
So far the details 14B expansion plan is not published yet. How do you know they can't spend the money smarter than you have thought Do not make conclusion too early. You are misleading others and proving yourself wrong later
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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....
amet2017
3,150 posts
Posted by amet2017 > 2018-02-23 16:29 | Report Abuse
tekanan menjual..harga dilonjak naik secara artificial