@ stockraider, what u see in govt fuel subsidy (ard 30 billion) other than helping d rakyat but indierctly gives huge benefits to PetDag, Hengyuan n Petronm?
Petronm and Petdag did not benefit from petrol subsidy. In fact if no subsidy Petronm and Petdag will benefit more as they can collect the retail sales in full from consumers rather than wait for months to collect the receivables (petrol subsidy) from government.
U think Petroleum price at Rm 4.50 to Rm 5.00 per litre from current Rm 2.05 per litre people can afford to pump more meh ??
Consumption will drop 35% to 50% loh!
Posted by Sslee > 9 minutes ago | Report Abuse
Petronm and Petdag did not benefit from petrol subsidy. In fact if no subsidy Petronm and Petdag will benefit more as they can collect the retail sales in full from consumers rather than wait for months to collect the receivables (petrol subsidy) from government.
Can you not drive your car with family members to balik kampung during festival holiday or with your children jalan here and there during school holiday.
When you see Road and Airport are very busy, you should buy Petronm the fuel supplier.
Petronm will earn from regulated/controlled retail margin from fuel sold at Petron stations , commercial sales of jet fuel to airlines and refinery margin from Petron PD refinery.
MM.Here we are trading,trading means short term if you are not aware.Want tell grand mother stories about long term this n that go elsewhere.So how good is your astro long term? Tv boxes are beating astro like nobody.That shows how good you are in buying astro.
Remember the story of Raider as a despatched boy 35 yrs ago ah ? If refinery cost Rm 1b to Rm 1.8b about 35 yrs ago? What would cost a similar refinery now ??
Samething loh....if a double story house cost Rm 100k in bangsar 35 yrs ago....today it is worth at least Rm 1.2m loh!
So a refinery will cost Rm 3b to Rm 5b now loh!
So investing in Petron refinery is quite safe at current price mah!
Posted by stockraider > 42 minutes ago | Report Abuse
I remember when i was a despatched boy....more than 35 yrs ago....that time 11 yrs ago....that time 1 lit of petrol only cost 62 sen mah!
I only spend about Rm 20 to 30 per mth on my motorbike going here going & there & make Rm 80 to 90 on my fuel allowance loh!
There is no craps on fuel subsidy loh!
Esso & Shell refinery makes eps of 30 sen to 60 sen pa & the share price is Rm 3.50 to Rm 6.00 mah!
No need keep parroting Crack spread cant last .Who dunno the future is EV.Yet Gates shorted tesla n it dropped to usd 700 .Long term my ass.Everything is timing.
Abolish subsidy. Make everyone pay the same price. Abolish welfare state. Make everyone go to work. The bigger engine displacement car owners, the more they have to pay. Make inflation go up then economy can run properly. Bring back gst too. Make everyone pay their fair share.
global covid cases yesterday around 250k only,deaths per day at all time low,more n more ppl are coming out,more n more fuel is needed.....work harder MM
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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....
investor2021trading
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Posted by investor2021trading > 2022-06-06 10:17 | Report Abuse
@ stockraider, what u see in govt fuel subsidy (ard 30 billion) other than helping d rakyat but indierctly gives huge benefits to PetDag, Hengyuan n Petronm?