When it was 8.00 last year, many people said it was too high. I bought at 8.3 and sold half at 14.70 to have a happy closing for 2017. Now it is trading at the PE below 8, with an improved earning of more than 70% YoY, hundred millions of free cash with no borrowing and you said it is expensive. I wonder whether you have bought a good stock cheap before or any basic knowledge of valuation.
Posted by pjseow > Feb 24, 2018 11:24 AM | Report Abuse
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 .
i think you can't get it any more cheaper you are going to miss the flight if you are still hoping to buy less 70 cents act fast before it is too late
good lucks
Stock: [KRONO]: KRONOLOGI ASIA BERHAD
Feb 20, 2018 12:45 PM | Report Abuse
Make money in stocks market is success Sharing good information and knowledge to help everybody to make a right decision is a even bigger success Happy New Year
Stock: [KRONO]: KRONOLOGI ASIA BERHAD
Feb 15, 2018 11:04 AM | Report Abuse
it is not God not fair to you it is you have believed the the wrong message more than the right message
Stock: [KRONO]: KRONOLOGI ASIA BERHAD
Feb 15, 2018 10:56 AM | Report Abuse
You are not doing anything wrong if you do not buy more now But It is very wrong if you sell now
Stock: [KRONO]: KRONOLOGI ASIA BERHAD
Feb 15, 2018 10:44 AM | Report Abuse
You want to wait for the chart to tell you when to buy. Chart does make some rich but has also makes many more committed suicide.
Stock: [KRONO]: KRONOLOGI ASIA BERHAD
Feb 15, 2018 10:30 AM | Report Abuse
It is not the market that is cruel to you It is you yourself that do not do the right thing at the right time.
Stock: [KRONO]: KRONOLOGI ASIA BERHAD
Feb 13, 2018 03:29 PM | Report Abuse
You must have a good plan to execute Market can move up and also move down If you demand only one direction, then you are a real trading blind. Since you already prepared to have some big paper loss. Do you think you will still scare of the price drops a few cents tomorrow. You have been enjoying paper gain for a long what wrong to have a paper loss for some time. It is just a figures game, no big deal
Stock: [KRONO]: KRONOLOGI ASIA BERHAD
Feb 13, 2018 12:04 PM | Report Abuse
I bought 50k shares @ 66cents
What happen if I do not want to pick up and sell tomorrow morning
Do you think it is posible I can make 1k for new year angpao?
It is not the matter of possible or not possible. It is the matter you want or don't want, dare or not dare. Market never stop you doing anything you like
Stock: [KRONO]: KRONOLOGI ASIA BERHAD
Feb 13, 2018 11:55 AM | Report Abuse
If you look at the chart, even the blind also can tell you it is not a good buy If you look at the trend, even the blind also can tell you it is not a good buy If you look at the earning potential and business trend demand, even the blind also can tell you it is a good buy
Not controlled by speculator, the volume is so thin, mainly retailers play now, just one person 20k shares , 20 persons gau-tim but I see a good sign, most of the retailers have learnt and agreed that Petronm is safe to hold for long term. I am confident you will see a good return if you are not defeated by your own distress
retailers have learnt , less willing to sell. BUT if hengyuan posts a disappointing result, the effect will spill over here , then may be you can get some around 10 from those weak hearts
If one increase.. .. every quarer must beat last year quater... even double profit last financial last year.. still petron sad because of last quater☹️
WARREN BUFFET: " we simply believe that if the businesses of the investees are successful (as we believe most will be) our investments will be successful as well. Sometimes the payoffs to us will be modest; occasionally the cash register will ring loudly. "
we should learn from successful man, do not expect the market will prove us right tomorrow we should go for long term we must give time for the market to prove us right once we have set our target, do not jump here jump there , at the end you still find that the new heaven is no better than your old home
neutrofil: If one increase.. .. every quarer must beat last year quater... even double profit last financial last year.. still petron sad because of last quater☹️
naysayer is a person who habitually express negative or pessimistic view
sour grapes is used to refer to an attitude in which someone adopts a negative attitude to something because they cannot have it themselves
you can see many naysayer and sour grapes here. very pitiful. they know Petronm is a good buy for long term but too expensive , not their choice of play .
what are the characteristics of a sour grapes or naysayer ? 1. GIVING A SIMPLE GENERAL SWEEPING STATEMENT WITHOUT FACTS AND DATA TO SUPPORT . 2. NEW ID WITH LESS 1000 COMMENTS 3. GIVING MISLEADING INFORMATION TO CONFUSE THE INVESTORS 4. COPY CATS
Apolloang, 1. What is the bad thing you must say it is good? 2. How are you going to make the bad thing become good to take all the reader to Holland? 3. Do you think the reader here are stupid, can not differentiate what is right or wrong? 4 why you must say the bad is good to mislead people? 5. Did I not allow you to say the bad is bad and the good is good 6.Do you see the contradiction in your comment 7. Are you not making a sweeping statement? 8. Are you not distorting the truth I am sharing?
Last but not the least, I did not name anybody a naysayer why you want to behave like one here?
I believe, I am confident surely there is a day and you need not have to wait too long to see this happen God never abandon a good man Market never abandon a good stock
YES as usual General Raider will lead all hengyuan bull army to victory loh.....!!
LEARN FROM THE BEST INVESTORS IN PUDU MARKET, AHFAH WHO MANAGE TO SEND HER SON TO STUDY IN AUATRALIA JUST BY INVESTING HENGYUAN DUMB DUMB LOH.!
We want to support many investors like ahfah, manage to send her son to study in australia by just investing in hengyuan dumb dumb loh...!! Like warren buffet philosophy, those who invested berkshire hathway dumb dumb now very very rich loh...!!
IT IS OK LOH...TO HAVE NEGATIVE VIEW LOH....!! BUT MUST COUNTER THEIR POINTS AND FAKE VIEWS LOH...!! IF NOT IT WILL CAUSE FINANCIAL DAMAGE LOH...!!
RAIDER REMEMBER THAT 3iii STRONGLY BAD MOUTHED HENGYUAN AT RM 3.66, AS A RESULT HIS ADMIRER AHMOI SOLD HENGYUAN AT RM 3.66 LOH...!! THUS LOST VERY BIG LOH...!!
PEOPLE CAN OPEN HIS BIG MOUTHED, TO BAD MOUTHED ANY STOCKS, BUT WE MUST KNOW WHAT IS RIGHT & WHAT IS WRONGLOH...!!
AHFAH WHO IS AHMOI BEST FRIEND ,DID NOT SELL HENGYUAN AND HANG ON HENGYUAN DUMB DUMB, DESPITE 3iii STRONG BAD MOUTHED, TODAY CAN AFFORD TO SEND HER SON TO AUSTRALIA TO STUDY ALL BCOS OF HENGYUAN INVESTMENT LOH....!!
PLEASE NOTE WE ARE PREVENTING FALSE AND FAKE NEWS FROM NAYSAYERS FROM CAUSING, BIG BIG LOSSES TO LONG TERM INVESTORS FROM SELLING TO PREMATURELY LOH;
REMEMBER THE STORY OF SAD ADMIRER OF 3iii AHMOI UNABLE TO AFFORD TO SEND HER SON TO AUSTRALIA TO STUDY BCOS LISTENING TO 3iii SELLING HER HENGYUAN AT RM 3.66 LOH..!! AHMOI BEST FRIEND AHFAH HANG ON TO HENGYUAN DUMB DUMB, TODAY BASED ON HER PROFIT, IS ABLE TO FINANCE HER SON STUDY IN AUSTRALIA, JUST BASED ON HENGYUAN INVESTMENT ALONE LOH...!!
DO NOT LET Dragon & 3iii TO DO THIS TO U, LIKE WHAT HAPPEN TO AHMOI LOH...!! DO NOT LET PONDANS....PONDAN U LOH...!!
TAKE NOTE OF THIS IMPORTANT HIGHLIGHTS LOH...!!
"HENGYUAN IS IN THE HIGH VOLUME, PREDICTABLE & STABLE CONSUMER BUSINESS LOH....!! ITS BUSINESS VERY STABLE & PREDICTABLE LIKE NESTLE LOH...!! BUT NESTLE PE 40X BUT HENGYUAN LESS THAN 4X...MEANS VERY VERY BIG INVESTMENT OPPORTUNITY, U SHOULD NEVER MISSED LOH
U ALL MUST HAVE CONFIDENT ON THIS WORLD CHAMPION HENGYUAN WITH EPS RM 3.40 EXCEEDING EVEN THE MOST EXPENSIVE STOCK IN KLSE NESTLE EPS RM 2.75. THE GOOD POINT IS HENGYUAN WITH SUCH GREAT QUALITY IS TRADING AT A VERY UNDEMANDING PE 4X COMPARE WITH NESTLE PE 42X.
RAIDER ESTIMATE TP RM 22.00 TO RM 42.00, JUST DUMB DUMB HOLD FOR THIS 2 MONTHS COMING MAH....!! WHEN BLUECHIPS IS MAKING IS A REALITY, THEN PE 10X TO 15X...IS A REALITY LOH...!!
REMEMBER THE ULTIMATE ADVICE BY WARREN BUFFET ALWAYS INVEST LONGTERM
LESSON FROM WARREN BUFFET; Charlie and I view the marketable common stocks that Berkshire owns as interests in businesses, not as ticker symbo t” prices of analysts or the opinions of media pundits. Instead, we simply believe that if the businesses of the investees are successful (as we believe most will be) our investments will be successful as well. Sometimes the payoffs to us will be modest; occasionally the cash register will ring loudly.
The same applies to world champion hengyuan which have a much higher ROE than berkshire hathway mah....!!
The connection of value-building to retained earnings that I’ve just described will be impossible to detect in the short term. Stocks surge and swoon, seemingly untethered to any year-to-year buildup in their underlying value. Over time, however, Ben Graham’s oft-quoted maxim proves true: “In the short run, the market is a voting machine; in the long run, however, it becomes a weighing machine.
RAIDER COMMENT; NOTICE PHILIP 66, WARREN BUFFET REFINERY INVESTMENT, ITS PE 22x VERSUS HENGYUAN 4X LOH...!! HENGYUAN TRULY A WORLD CHAMPION LOH....!!
JUST HANG ON TO YOUR HENGYUAN DUMB DUMB U WILL BE WELL REWARDED..!
“If you can keep your head when all about you are losing theirs . . . If you can wait and not be tired by waiting . . . If you can think – and not make thoughts your aim . . . If you can trust yourself when all men doubt you... Yours is the Earth and everything that’s in it.”
THE MORAL OF THE STORY, DO NOT LET PONDANS...PONDAN U LOH...!!
i am indeed very happy to see that you are mobilizing your army back home after fighting a beautiful victory in Hengyuan.
I have not wasted my saliva, you have finally convinced that the 14B expansion in our home land is in fact a value creation not value destruction.
GREAT !!!!!!
Colonel halite , the acting commander in charge, raise his cup, shouting "cheer...." to the coming back of general stockraider to join force with us again to fight the naysayers and to lead us all the way to another glory for the year 2018 in battle ground of Petronm
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....
Dennis NP Lee
144 posts
Posted by Dennis NP Lee > 2018-02-26 13:14 | Report Abuse
Below 10.00 is a good buy. a bit too high at this time. Market is not so good with oil and gas.