Posted by alanthamkw > 2018-03-15 09:27 | Report Abuse

cash rich now. hope to collect anytime.......wakaka

Posted by LogicTrading > 2018-03-15 09:55 | Report Abuse

Yes waiting may now be a good idea for buying lower

Posted by 2018HengHeng > 2018-03-15 10:56 | Report Abuse

I think today start up to 10

Posted by Halite > 2018-03-15 11:16 | Report Abuse

You must learn to forget your buy when your tp is still far from sight

Posted by RC77 > 2018-03-15 13:01 | Report Abuse

"The company added that sales would have been much higher if not for scheduled maintenance turnarounds in both its 180,000 barrel-per-day Bataan refinery and its 88,000 barrel-per-day Port Dickson refinery in Malaysia." -- by petron philippines for year 2017


petron malaysia last turnaround shutdown in 2015Q4, which mean this year will not have turnaroud shutdown? Any idea?

Posted by abn10 > 2018-03-15 13:43 | Report Abuse

Global market sentiment isnt good lately, it works in tandem with US issue sparks trade war fear regarding fresh tariff on imports by trump. But i trust in value, no matter how, companies with good fundamental will sustain in the long run.

Posted by moneyJohn > 2018-03-15 14:12 | Report Abuse

anyone saw the volume was not high lately. Any reasons ??

Posted by Ekkram > 2018-03-15 15:55 | Report Abuse

Today sure get to 10.

Posted by Kawkaw > 2018-03-15 16:12 | Report Abuse

Petronm sailing to the north n get fresh seal meat...n get fresh air

Posted by RedEagle > 2018-03-15 16:54 | Report Abuse

Nice

Posted by Sardin > 2018-03-15 22:10 | Report Abuse

Hi RC77, where to get information of Petron Philippines? Mind to tell?

Posted by Sardin > 2018-03-15 22:18 | Report Abuse

Tomorrow may close at 10.50

Posted by RedEagle > 2018-03-15 22:35 | Report Abuse

Subject of the Disclosure
Media release entitled “PETRON POSTS P14.1 BILLION NET INCOME FOR 2017 ON STRONG SALES”.

Background/Description of the Disclosure
Media release entitled “PETRON POSTS P14.1 BILLION NET INCOME FOR 2017 ON STRONG SALES”.

Other Relevant Information
Please see attached letter dated March 13, 2018.

Filed on behalf by:
Name Jhoanna Jasmine Javier-Elacio
Designation Legal Manager and Assistant Corporate Secretary

Posted by Stanley8 > 2018-03-16 02:51 | Report Abuse

https://www.marketwatch.com/story/oil-prices-rise-helped-by-signs-of-growing-demand-2018-03-15

Posted by shidayea > 2018-03-16 07:59 | Report Abuse

intend to collect some more..

Posted by valuecollect > 2018-03-16 08:45 | Report Abuse

On HY

Posted by probability > Mar 15, 2018 10:49 PM | Report Abuse

There are (three) explosive factors which will easily skew the whole valuation above of David...much much higher than 19.5.....


(1) The throughput will rise by 20% after the upgrade...this results with pure surplus cash to the bottom line. No additional administrative costs...no extra finance costs.... this pure BONUS cash flow.

(2) Hengyuan management had mentioned they are planning to venture into trading of Petrochemical products...just another 10k bpd equivalent with a thin margin will have mind boggling effects on its bottom line...

(3) The IMO 2020 effects will start to become more and more apparent beginning of 2019....and brew into a 'perfect storm'..it will show its full force as it hits 2020. It will be pure blessing to Hengyuan which mainly produces Diesel.... This effects will at least last a few years... Its like a hundred Hurricane Harvey coming one after another continuously...

Item no.3 should never be underestimated..especially when data shows that net regional refining capacity additions is lower than the demand rise...

IMO 2020 itself would have killed a major chunk of the available refineries in the world..those Simple refineries that produces mainly Fuel Oil...

This will result with exponential rise in refining margins of Hengyuan...

Doing DCF perhaps ensures you dont lose monney in market...coz any tom dick and harry can do that...but...if you want to talk about winning....you need know what you can see others cant see....what is you edge?



Now, if you can understand this...that is where you edge is.

Posted by john0909 > 2018-03-16 08:55 | Report Abuse

don't take it too seriously with what those "sifus" said...

Posted by Good_stock > 2018-03-16 13:03 | Report Abuse

Quality stock with steady earnings, good to keep and collect more when price falling

Posted by RC77 > 2018-03-16 13:27 | Report Abuse

SARDIN :

https://www.petron.com/web/site/lists/55/l

Posted by shidayea > 2018-03-16 17:21 | Report Abuse

buying time..

Posted by Guy2017 > 2018-03-16 17:29 | Report Abuse

Buy for long term. Really undervalued stocks with the rest.

Posted by mamatede > 2018-03-17 00:12 | Report Abuse

careful guys

Posted by lekchai > 2018-03-17 09:35 | Report Abuse

Low time to buy or reenter

Posted by Activeinvestor > 2018-03-17 20:05 | Report Abuse

Those who sold earlier like me are prepared to buy back given the record earnings and dividend

Posted by LeeFoundation > 2018-03-19 09:05 | Report Abuse

Waiting for the right level.

Good eps at reasonable price for mid to long term investment horizon.

Posted by Lee Yih Yeong > 2018-03-19 10:50 | Report Abuse

petronm is better than hengyuan

Posted by mamatede > 2018-03-19 11:42 | Report Abuse

assumed yield of 3.5% , higher than fixed deposit. Petronm price should be around RM6.5 ... thats how u calculate whether it is worth to keep based on dividend alone.

Posted by joyce92 > 2018-03-19 11:48 | Report Abuse

Haha, you better sell and keep in FD lo

Posted by mamatede > 2018-03-19 13:35 | Report Abuse

if like that, then dont talk about dividend yield because it is not attractive at all.

Posted by MayBee > 2018-03-19 14:03 | Report Abuse

Then, you shoull look at others offering good dividend yield. No point wasting time here.

Posted by loaded > 2018-03-19 16:21 | Report Abuse

Other than HY, Petronm also must collect a little too

Posted by shidayea > 2018-03-19 16:24 | Report Abuse

buy..

Posted by GeoSoros > 2018-03-19 16:32 | Report Abuse

no need to overpanic

Posted by Guy2017 > 2018-03-19 18:54 | Report Abuse

Somehow still hv confidence in this stock for long term. Top up a bit at 9.31. Was waiting it to go to RM 9 so I can add more while averaging from 9.62.

Posted by angmo > 2018-03-19 19:25 | Report Abuse

What to do, just hold on for the time being

Posted by mamatede > 2018-03-19 23:06 | Report Abuse

tomorrow drop again..pray for petronm holder

Posted by Cents_investor > 2018-03-20 09:58 | Report Abuse

stronghold today...keep it up

Posted by Activeinvestor > 2018-03-20 10:57 | Report Abuse

Hold tight and dont let go existing shares at this stormy time

Posted by Cents_investor > 2018-03-20 11:19 | Report Abuse

yup...still holding and buying more =)

Posted by MayBee > 2018-03-20 11:22 | Report Abuse

If have extra cash don't mind buy some and keep

Posted by oldeagle > 2018-03-20 13:22 | Report Abuse

Buy only when IB purposely press down the price. But little batch by batch.

This way sure win big when overall mkt sentiment return.

Juz my 2 cents advice for sharing.

Posted by LogicTrading > 2018-03-20 14:32 | Report Abuse

The culprit IB which sell down is RHB !

Many of my clients pull out accounts from them since they are not ethical in this matter

Posted by ManiMari > 2018-03-20 14:37 | Report Abuse

Of all the inv. banks, CIMB is most practical and fair to CW holders.

Posted by abn10 > 2018-03-20 17:29 | Report Abuse

How did u know who press down the price?

Posted by angmo > 2018-03-20 18:05 | Report Abuse

Can see with our eyes

Posted by mamatede > 2018-03-21 00:03 | Report Abuse

Tomorrow gonna jump, world oil price boom.

Posted by sheldon > 2018-03-21 12:02 | Report Abuse

mamatede Tomorrow gonna jump, world oil price boom.

If you read the last quarterly Petron financials, it stated that the gross margins i.e. crack spread fell because of faster rise in crude relative to product prices. Hence it's not good for Petron.

Posted by invest28 > 2018-03-21 13:05 | Report Abuse

Hi all,refer to brent oil or crude oil price?

Posted by sheldon > 2018-03-21 13:13 | Report Abuse

invest28 Hi all,refer to brent oil or crude oil price?

doesn't matter - they're all highly corelated

Posted by stocknanmy > 2018-03-21 13:39 | Report Abuse

jangan risau.................petronm kaunter kita yg bercinta.

Kita akan kutip lebih secepat mungkin