“The Stone Age did not end for lack of stone, and the oil age will end long before the world runs out of oil.” - Zaki Yamani, former Saudi Oil Minister
Ray of hope for you.... Brent oil above US60 is excellent for petron! Coming quarterly report will be beautiful.... Remember last time oil was US25 only!!! N petron still give 12 cents! Now 5 cents dividend!
Now commodities including oil keeps rising. Petrol price already up up.. Petron will have good revenue growth!
Yeah yeah. This co trades at very low PE so don't expect much in terms of share price gain. If investors don't find Petron attractive then management should start flexing its muscles in the form of dividends.
Consider this - a 1 sen dividend translates into a mere RM2.7m. Co is paying only a total of RM13.5m with 5 sen. Compared to cash balance of RM171m and massive reserves of RM1.7b, the dividend is so very minute.
It's such an anticlimax after waiting for 1 year. Surely it can do better than that!
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....
limkokthye
6,039 posts
Posted by limkokthye > 2021-04-28 21:15 | Report Abuse
https://www.nst.com.my/news/nation/2021/04/686192/interstate-travel-can-only-be-considered-perhaps-towards-end-year