how about petronm i3 forumer update latest new build petron fuel station/convert from shell petro station to petronm. i see shell convert to petron at kupang, pengkalan hulu. new build at highway near tapah, and new build at tg gemok. retail volume will very significant next year
I am more confident in petronm than hengyuan because I strong believe the management is good. I like the well integrated business model. i still strongly believe market will not abandon a good stock. hoping the management can come out with a brilliant expansion plan that can bring changes to the whole scenario
dear seng gor, regards to the expansion plan, in my humble opinion, I'm pretty sure that they can come out with a good plan to execute it... well... after all, they are holding 73% share in this company, bet they would cautiously evaluate all the possible plans before decide things... well if they made the wrong call... who would be suffer most u think? if it would to worry, they should be more worried and concerned than us... they said many times already that petron corp (mother company) see Malaysia market is a good growth prospect to boost their earning for their Philippines company... petron has a very good background experience especially in this industry... they know more about the details than anyone of us... they know what they are doing, it shown, no need to me explain more... petronm is part of the refinery biz, in this industry the volatility is high fluctuation, this is the major concern for all the shareholders whether is small or big shareholders, hence the management making (still on-going such effort) their effort to "stabilize" their earning to make it more in a consistent way yet improving if possible (or "allowed")... they are trying their best on this... some ppl need to understand this effort as it is not easy to do this to maintain the earning consistently... unavoidable, some ppl do not appreciate the effort of the management for doing this... personally I think this is something to be commendable for the management...
this is just my 2 cents opinion only... cheers everyone
the performance of the company tells everything , do not be lazy, see the year to year results yourself for the previous few years . the management is indeed very efficient and doing a good job
they are holding more than 70% of the share , now the market capitalization of the company is less than 2.5B , who is so stupid to spend a 14B to kill himself. this amount is more than 6 times current worth, so it is reasonable to say the growth it will bring about if not proportionally 6 times then it also can be at least a 3 or 4 times . no right thinking man will believe the management can not see the problem you have seen, the worry you worry. I strong believe this is a GOOD NEWS.
I want to share with a good saying of a successful man. whether he is good or bad there is something to learn.
KYY: When there is good news, investors rush in to buy the stock until it is overpriced. When there is bad news, shareholders rush to dump their holdings as if there is no more tomorrow.
You must be smart to read my good friend comment. The trading of petronm is illiquid, may not be good for big group but good for you because any good news can move the price strongly.
A successful chinese businessman always say, it is easy to build a career, it is more difficult to keep it well for life. Look at the performance of petronm, the management has proven that they can. Petronm boleh. Good news to be announced soon Ini kali lah we make millions
sentimental still quite bad now... what the price showing now doesn't reflect anything yet (of coz can close green at least something positive)... when price up, don't happy too early first... when price down, don't be too sad either... no matter how, stay positive and remember to back to basic always (company fundamental)... personally my journey on petronm is still a long way to go... don't overly focus on the share price fluctuation... life still have many other things to do beside stock market... chill out....
dai gor paperplane was once with this above average looking lady who less emo... tapi later then saw a very hot and sexy but quite a emo lady, then he followed this hot and sexy lady and dump this above average looking lady le
I would like to share my opinion for Petron Malaysia. The most valuable assets of Petron Malaysia is the Petrol Station. There are more than 580 stations nationwide. The petrol station is the Cash Cow for the Petron Malaysia. If we compare with Petronas Dagangan they have more than 1000 station. This mean that Petron Malaysia still have plenty of room to expand their petrol station.
The share price of Petronas Dagangan in year 2000. The highest was 4.70 and the lowest was 3.90 per share. Now the share price of Petronas Dagangan is 24.62 per share.
In term of the size Petronas Dagangan is obviously far bigger than Petron Malaysia. But in term of the latest Earning per share (EPS) Petronas Dagangan was 1.55 and Petron Malaysia EPS was 1.50; which is very close to each other.
We should give time for Petron Malaysia to grow to become Petronas Dagangan. With the new solid management team I think very soon Petron Malaysia could have achieved it.
The question every contributor in this thread should ask themselves. Do ur goodself is a Petron consumer? If not, then ask urself why. And for whatever reason there is, then why would u think Petron petrol station can grow further?
To most people, it is the habit or i would put it a devotion to the brand. It is the usual Shell or Petronas that u get to see full crowd at any single time of the day. Not Petron station.
Any coffee lover would tell u the worst coffee u can find is Starbucks. And yet Starbucks did extremely well. U can't exactly pinpoint the growth trajectory of, say Coffee Bean or San Fran, by simply referencing to the number of outlets Starbucks have and compared to CB or SF, and conclusion made basing on the wide gap and thus assuming CB or SF has of room to grow.
There is a reason why Petronas has 1000 stations and Petron is half of that. Let's be real, Petron would never catch up with Petronas in terms of numbers, the gap will remains there, in Malaysia for sure.
Talking about Petronas, they just put a commitment to pay 19bln to Government. That does not include other obligations that they usually do in trainings, recruiting, CSR etc. Guess Petron does not have this type of obligation in their balance sheet ...
As a Petron user myself, i disagree with Fabien that only 10% only pumps at Petron... there are several reasons why one choose to pump at Petron i.e. convenience, strategic location, petrol quality, cashback, customer loyalty and so forth..
Do u know that Petron, gives the most cash back points compared to others? Also, how much more mileage u get from others compared to Petron's fuel? What u see, doesnt represent 90% of the population...
Anyway, good to see petronm shares maintain above hengyuan... hope this lasts.. =)
john, petdag eps 1.55 is due to one time gain for selling asset in philippines . their petro selling volume is dropping every quarter. thats why petdag sudden increase mesra point to triple. which brand is threatened petdag? pay a visit on petron toilet, you will notice they have changing.
I have been a loyal Petron user since the day of Mobil. Personally I felt my car accelerate most smoothly with Mobil/Petron while Shell give rough noise and Petronas feel underpower. And surely they have the most cash back rate since Smiles and then now Miles card.
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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....
Halite
8,633 posts
Posted by Halite > 2018-03-08 10:50 | Report Abuse
hengyuan is also one of my favourite buy .
I went to the forum yesterday, more quarreling , personal attack than talking