--------- quote --------- Stock: [PETRONM]: PETRON MALAYSIA REFINING & MARKETING BHD
Nov 26, 2020 7:19 PM | Report Abuse
If based on most conservative calculation - forward eps 70 x pe 9 , the share price will be in rm 6.30 by June 2021 . Today closing 3.99 --------- unquote ------
My last write about this company is 4.09, now is 5.25, more to come....if you have read petronm report, they are expanding on more petrol station and also built new tanks and marine oil pipe that could keep more cruel oil for refinery....just hold tight and enjoy the uptrend ride....
I'm out... this kind of shiet in bursa is getting out of hand, RM1 goreng per day with no fundamentals to back it as if Covid never happened, as if the losses never happened, as if oil is back to regular demand at $60. RM6 is kongkham for me.. Good luck - the RM3 ride was a good one.
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....
Start_0f_the_bull
8,020 posts
Posted by Start_0f_the_bull > 2020-12-04 15:58 | Report Abuse
Uptrend.