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Last Price

4.11

Today's Change

0.00 (0.00%)

Day's Change

4.11 - 4.21

Trading Volume

22,600


10 people like this.

19,334 comment(s). Last comment by sheldon 4 days ago

SuperPanda

11,431 posts

Posted by SuperPanda > 2021-02-03 22:47 | Report Abuse

oil further up.. tomorrow same story also? i post earlier

“Wonderful day trade! Thank you!”

laugh upside down

Posted by Blackstorm > 2021-02-03 23:00 | Report Abuse

Huatttt ar petron

SuperPanda

11,431 posts

Posted by SuperPanda > 2021-02-04 00:14 | Report Abuse

are you enjoying your day dreaming Blackstorm?? ha ha
________________
apple168 We aim good and solid margin of safety! Do enjoy your day dreaming, Blackstorm!
03/02/2021 12:40 PM

SuperPanda

11,431 posts

Posted by SuperPanda > 2021-02-04 00:17 | Report Abuse

if apple168 come to comment in here again, i will throw the hardest humiliation ever bcoz of his bad mouth and habit to mockering others

Posted by Blackstorm > 2021-02-04 00:51 | Report Abuse

Tq superpanda..wish u enjoy ur day dreaming too!go go go petron!

Posted by Blackstorm > 2021-02-04 08:32 | Report Abuse

Add more today

Dartmaster

1,029 posts

Posted by Dartmaster > 2021-02-04 08:37 | Report Abuse

CRACKSPREAD INCREASE 4.7 % +16%

apple168

6,236 posts

Posted by apple168 > 2021-02-04 09:11 | Report Abuse

虎头蛇尾

apple168

6,236 posts

Posted by apple168 > 2021-02-04 11:05 | Report Abuse

HengYuan crashing...

Dartmaster

1,029 posts

Posted by Dartmaster > 2021-02-04 11:08 | Report Abuse

NVM apple you will be food later when short squeeze happen every evening kekeke

kevinobc

1,092 posts

SuperPanda

11,431 posts

Posted by SuperPanda > 2021-02-04 12:35 | Report Abuse

buy and hold, next qr is just 4 wks away, if you can keep FD, unit trust for years, why cant you keep this for 1-2 mths to earn more

mid term investor igonore the chart and short term volatility

if it dont reach rm6 by mar/apr, pls screw me upside down

apple168

6,236 posts

Posted by apple168 > 2021-02-04 14:25 | Report Abuse

PetronM always a buy on weakness and sell on strength! Never a wrong move! Haha!

SuperPanda

11,431 posts

Posted by SuperPanda > 2021-02-04 15:06 | Report Abuse

ha ha, still paper profit now

Posted by Blackstorm > 2021-02-04 15:22 | Report Abuse

Holding tight

leekh5555

545 posts

Posted by leekh5555 > 2021-02-04 15:51 | Report Abuse

add some

SuperPanda

11,431 posts

Posted by SuperPanda > 2021-02-05 10:44 | Report Abuse

hold on to petron ave at 4.60 until get the div, this year at least 15-20c

have 150 lots on hand

Posted by Blackstorm > 2021-02-05 12:10 | Report Abuse

Superpanda what is ur price target after quater 4 result announce next 2 weeks?

Posted by Blackstorm > 2021-02-05 13:22 | Report Abuse

Crude oil hit 59usd

SuperPanda

11,431 posts

Posted by SuperPanda > 2021-02-05 16:34 | Report Abuse

result by end feb, probably 26th, next week CNY, prev pattern bearish, so will have pullback

during good times in prev cycle it traded at rm10 but now o&g not like those days, at rm6-7 im happy to take profit

SuperPanda

11,431 posts

Posted by SuperPanda > 2021-02-05 16:37 | Report Abuse

crude oil target usd65 by mar/apr due to drawback from US inventories and supply cut

but to really boost o&g sector, demand jetfuel need to be improve, airplane have to fly, border has to re-open

limkokthye

6,039 posts

Posted by limkokthye > 2021-02-05 17:53 | Report Abuse

Petronm keep many cheap oil during march and april2020

SuperPanda

11,431 posts

Posted by SuperPanda > 2021-02-05 21:46 | Report Abuse

not only inventory gain, strong RM, +ve crack spread and higher retail price = super profit coming

Posted by Blackstorm > 2021-02-07 23:51 | Report Abuse

Buy more guys before quater result announcement

Dartmaster

1,029 posts

Posted by Dartmaster > 2021-02-08 09:11 | Report Abuse

Really zero funds want to buy oil company .. malaysia sure bankrupt if EV cars reign in the next 5 years

SuperPanda

11,431 posts

Posted by SuperPanda > 2021-02-08 15:46 | Report Abuse

EV cars wont close down o&g, batt raw mat Nickel supply is hot topic now and Tesla still dont have enough source to hit their target production in the next 5 years

Thats why Elon now approaching Indonesia as the biggest Nickel producer in the world

But EV still what will be the future if the car price is affordable..

If Tesla come to Msia, the price would be equal to BMW and Merc. Only 10% of Msian can afford. And so do the rest of the world.

Dartmaster

1,029 posts

Posted by Dartmaster > 2021-02-08 16:18 | Report Abuse

Good i also holding a big chunk from 4.5 actually

param1

782 posts

Posted by param1 > 2021-02-08 16:24 | Report Abuse

hey petron nak lagi la .....thnaks superpanda for your insight i dump my money since last week on petron

Posted by Blackstorm > 2021-02-08 16:37 | Report Abuse

Steady petron

Dartmaster

1,029 posts

Posted by Dartmaster > 2021-02-08 16:40 | Report Abuse

very Unfair valuation just 3 months ago this thing almost touch 7 with brent only at 45 . Now brent is at 60 crack spread also increase to 4.7 from 2.9 previously

Dartmaster

1,029 posts

Posted by Dartmaster > 2021-02-08 17:01 | Report Abuse

Superpanda has been around in this forum for many years . Believe in him.

Dartmaster

1,029 posts

Posted by Dartmaster > 2021-02-08 17:02 | Report Abuse

huge bull flag with huge range gonna explode 2x higher than before

SuperPanda

11,431 posts

Posted by SuperPanda > 2021-02-08 17:09 | Report Abuse

wait until qr out then you see the true good of petron profit will be

if lucky enough, by jun will get div at least 15c

petron is a cash rich company compare to hengyuan but hengyuan has bigger price movement bcoz their big refinery output and no of shell station is more than petron

Dartmaster

1,029 posts

Posted by Dartmaster > 2021-02-08 17:20 | Report Abuse

I thought shell station isn't own by Heng yuan ? Isnt it owned by Dutch shell or does heng yuan have share portions of it ? Heng yuan share movement is bigger because it doesn't give out dividends I supposed unlike Petron.

Dartmaster

1,029 posts

Posted by Dartmaster > 2021-02-08 17:23 | Report Abuse

super do you think Petron will go into electrical station in the future . that way they can earn from EV ive been thinking about it

limkokthye

6,039 posts

Posted by limkokthye > 2021-02-08 17:25 | Report Abuse

Petronm 20sen dividen

NewGuyKK

30 posts

Posted by NewGuyKK > 2021-02-08 18:00 | Report Abuse

kick lai liao

SuperPanda

11,431 posts

Posted by SuperPanda > 2021-02-08 18:00 | Report Abuse

hengyuan only do refinery but sell its product to shell station while petron sells its product to petron station

SuperPanda

11,431 posts

Posted by SuperPanda > 2021-02-08 18:01 | Report Abuse

hengyuan old name was shell refinery, later sold to chinaman and change name to hengyuan

you can google it

SuperPanda

11,431 posts

Posted by SuperPanda > 2021-02-08 18:06 | Report Abuse

EV is automative sector and against fossil fuel business bcoz of green tech sentiment

if EV comes to Msia, EV manufacturer has to set up charging station, they have to find a location for it.. in china NIO, they have special charging place, not at petrol station
__________________
Dartmaster super do you think Petron will go into electrical station in the future . that way they can earn from EV ive been thinking about it

Dartmaster

1,029 posts

Posted by Dartmaster > 2021-02-08 20:10 | Report Abuse

that is sad means future may be bleak in the next 8-10years time. better get out from Malaysia then too oil dependent . thanks for your insight superpanda

limkokthye

6,039 posts

Posted by limkokthye > 2021-02-09 00:36 | Report Abuse

petron will shine again

limkokthye

6,039 posts

Posted by limkokthye > 2021-02-09 00:40 | Report Abuse

i support petron oil and gas

apple168

6,236 posts

Posted by apple168 > 2021-02-09 07:57 | Report Abuse

Crack speed dropped near 10%!

SuperPanda

11,431 posts

Posted by SuperPanda > 2021-02-09 09:08 | Report Abuse

break 5 figure profit as per today.. can eat abalone everynight for 2 mths..

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