You’re right . I feel that the new PH government would be business friendly and implement tax in a way that would encourage more business to invest. Business friendly government = more jobs and opportunists for people and the economy
I mean as in the tax they implement would be reasonable and would not scare off away current or potential future businesses from investing more in Malaysia
Even if the current govt was run by monkeys which ate bananas all day long, they would be better than the previous who were busy filling their pockets at every opportunity.
We should expect dividends of 30 sen. Is that too much to ask? Am I asking too much? Coz if i am then we're nothing but sheep being herded to the final slaughterhouse!
Wah trulyinvest, you kaya d arh..beli 7.06 and panic sell.7.13..kikiki..make kucing kurap, can't even buy a decent meal with it..kah kah kah..kikiki..Maybe can buy half a roti canai and a half glass of kopi ooo kau...hahaha. Enjoy your trading during such bad sentiments..
Yar trulyinvest, I am waiting hopefully 6 and below.....if buy is to invest, not quick to cabut. Watch world markets especially US Dow Jones..Enjoy the ride up and down, side to side rides..Whoaaas..
Kawkaw - logically a profitable company that pays out dividends at a rate lower than EPS, the chances of falling below 6 (barring unforseen circumstances) becomes lower & lower as time goes by
This is what i extracted from an overview about Petronas Dagangan - can anyone spot the difference with Petron?
"Committed to an aggressive growth journey, PDB continuously delivers innovative products and differentiated services in its four core businesses of Retail, Commercial, Liquefied Petroleum Gas (LPG) and Lubricants. The Company invests extensively in research and development (R&D) to ensure that PDB continues to offer a wide range of internationally-recognised high quality petroleum products including motor gasoline, aviation fuel, diesel, fuel oil, LPG, kerosene and asphalt"
It's a question of price vs valuation. The price may be low but I valued it higher. The truth will be revealed (and I will hopefully be proven right) when the quarterly results are announced.
if i remember correctly, sensitivity analysis done by RHB points out to positive correlation between Petron earnings and crude oil. crude oil down will affect earnings negatively.
Fabien - I think Petron's fortunes will be affected insofar as to a lower market value of their inventory levels which if marked-to-market will show a loss in the income statement.
However it's a downstream entity. Some products are fixed in their prices and some, there could be a time lag before Petron is compelled to reduce the price - which by then the old high-priced inventory may have run down hence not severely denting profit margins. As for the fixed price ones (like engine oil), it translates into fatter profit margins.
In my opinion i think throughout the years of volatility, they should have some sort of mechanism to hedge againts oil price volatility. Like maybe entering some sort of futures contract. If oil price lowers then their cost of production would be lower. Then i belive oil price will eventually rise back. However I hope that the volume that is sold would increase.
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....
ChipSaham
29 posts
Posted by ChipSaham > 2018-10-10 23:23 | Report Abuse
Haha.same.thought no chance to collect below 8..time come again