I've been holding Petron for a long time - sitting on massive unrealised losses. I felt that the share price severely underperformed relative to its fundamentals. So I used to hound the board to declare bigger dividends - all fell on deaf ears.
Now it's beautiful music. As for how long it'll last, no one knows. My demands are simple - that I'll not be left without a chair when the music stops.
Petronm has 740 retail stations in malaysia and has a aviation depot at KLIA. considering now people can move freely and refuel and plane flying need a lot of kerosene, also a great counter on klse
2. New Dissel hydrotreater - capable of procerssing higherr sulphur which command lower crude price to treat into clean Euroo 5 Dissel
3. Additional 500k barrels storage, to meet growing demand and reduce freight cost through increase storage capacity and increase gain of inventory in rising crude price.
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....
subwayzzz
1,063 posts
Posted by subwayzzz > 2022-05-09 12:37 | Report Abuse
3.3% at RM6 , better than FD + price appreciation!