So tell me fellow investors, after all the detailed & apparently intelligent analysis - What will the last quarter results show? Come convert those long reports to numbers
A. Loss B. Profit < 50m C. Profit 50 - 100m D. Profit >100m
Even warren buffet is buying oil companies . he acquired 3m of chevron's share . OIL HItting new high tomorrow we will see oil companies explode to new highs HEHEHE
apple168 now bz at hibscs, its funny to see people like him not bullish on o&g but quietly buy others o&g like hibscs and make noise over there.. he he
Pet Dag trades at 50.4 PE but our PE is in -ve territory due to poor 1st 2 quarters.
However, our low gearing, healthy cash balance & a massive reserve of RM1.56b is more than enough to pay good dividends to keep shh happy. 20 sen = 54m; 30 sen = 81m ... small potatoes for this co
KUALA LUMPUR (Feb 23): Petron Malaysia Refining & Marketing Bhd’s net profit for the fourth quarter ended Dec 31, 2020 (4QFY20) rose 45.06% on inventory holding gains and improved refining margin.
There is dividen for petron. Probably not announced yet! Now with Brent oil moving up closed to 70... Covid vaccine in the air....soon cars lorries will move, aeroplanes will fly!
Petron will have beautiful quarterly report next round.
My guess is the dividend will be at least 12 cents or more!!!
Only the very worst companies do not pay a dividend after keeping shareholders waiting for 1 year.
It's especially important for cos with fundamentals but share price not performing like Petron - it has fundamentals, enough cash but trades at single digit PE.
So the bottom line is that the Board has delivered capital losses & no dividends. It's bullying minority shareholders.
Maybe they want to drive the share price down & then buy it for a song.
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....
SuperPanda
11,431 posts
Posted by SuperPanda > 2021-02-09 09:18 | Report Abuse
those didnt collect when below 4.60 in prev downtrend, now feel the pain inside of losing opportunity to make money