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Last Price

4.11

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10 people like this.

19,334 comment(s). Last comment by sheldon 3 days ago

Sslee

6,860 posts

Posted by Sslee > 2022-06-15 14:22 | Report Abuse

No worries there will be another crack spread 3.0. RM XX.XX

Jerichomy

4,346 posts

Posted by Jerichomy > 2022-06-15 14:24 | Report Abuse

Are you sure..kyy dah surrender

888STOCK888

1,344 posts

Posted by 888STOCK888 > 2022-06-15 14:42 | Report Abuse

DOW IS GREEN

OIL IS GREEN

PETRONM WILL ALSO TURN GREEN!!! =D



Jerichomy

4,346 posts

Posted by Jerichomy > 2022-06-15 15:33 | Report Abuse

Hy drop, petron follow

Sslee

6,860 posts

Posted by Sslee > 2022-06-15 17:44 | Report Abuse

Come back end Aug to watch the q2 and crack spread 3.0

Posted by Want2MakeMoney > 2022-06-15 17:52 | Report Abuse

Tomorrow should move up.

Posted by Want2MakeMoney > 2022-06-15 17:52 | Report Abuse

Crack Spread will stay high high , just hold tight

Posted by Want2MakeMoney > 2022-06-15 18:31 | Report Abuse

With this kind of news keep coming, no reason cannot move up

Jerichomy

4,346 posts

Posted by Jerichomy > 2022-06-15 19:00 | Report Abuse

Short klci can better money

RWG

1,051 posts

Posted by RWG > 2022-06-15 22:12 | Report Abuse

borrow petronm stock and shot

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-06-16 07:29 | Report Abuse

oil slowly down

bsinvestor

185 posts

Posted by bsinvestor > 2022-06-16 11:11 | Report Abuse

biden is pressuring refiner now. he said high margin is not acceptable. but what can biden do?

zKingDB

764 posts

Posted by zKingDB > 2022-06-16 11:19 | Report Abuse

@bsinbestor.

He can bark ask usual.... no one will give a F

param1

782 posts

Posted by param1 > 2022-06-16 11:33 | Report Abuse

pet thanks for the ang pow see you next round

sheldon

1,425 posts

Posted by sheldon > 2022-06-16 12:35 | Report Abuse

I'll be at the AGM.
I'll ask them ask them difficult questions that they won't be able to answer. Let them sweat it out for the pay they're getting hehe.

Sslee
Anyone going to Petronm AGM tomorrow?
Date: 16 June
Time 14:00
Type General: AGM MeetingVenue: Ballroom, Pullman Kuala Lumpur Bangsar,No. 1, Jalan Pantai Jaya,,Tower 3,,59200 Kuala Lumpur.,MY

cactus81

270 posts

Posted by cactus81 > 2022-06-16 17:21 | Report Abuse

Next Monday is the entitlement for dividen. Cw holder becareful

RWG

1,051 posts

Posted by RWG > 2022-06-16 19:30 | Report Abuse

oil start drop, faster run

NorAfan

161 posts

Posted by NorAfan > 2022-06-16 19:33 | Report Abuse

Upstream oil saja. Harga refinery crack spread masih lebih daripada $25

param1

782 posts

Posted by param1 > 2022-06-16 19:59 | Report Abuse

JUST BE CAREFULL RECESSION IS HERE FOR SURE ....TAKE PROFIT WHEN CAN

mf

29,194 posts

Posted by mf > 2022-06-16 21:53 | Report Abuse

Dow falls 700 points, tumbling below 30,000 to the lowest level in more than a year

treasurehunt

1,884 posts

Posted by treasurehunt > 2022-06-17 08:08 | Report Abuse

Double top is formed? Whatever comes up must come down especially surrounding with the bad sentiments. Plantation was the latest example no matter how people said land is limited for planting....all sort of good fundamental. Bla bla bla.

Posted by The St. Goreng > 2022-06-17 09:04 | Report Abuse

Petron to break below 6. Promoters all hiding inside cave now

RWG

1,051 posts

Posted by RWG > 2022-06-17 09:27 | Report Abuse

all small investor panic, big investor lol, diam diam sapu

nicholas99

9,903 posts

Posted by nicholas99 > 2022-06-17 09:27 | Report Abuse

hollander.. pang72 run again. run to where this time.

SKY0606

2 posts

Posted by SKY0606 > 2022-06-17 09:49 | Report Abuse

today last day for dividend entitlement ? still drop so much?

param1

782 posts

Posted by param1 > 2022-06-17 10:16 | Report Abuse

yup bro now u lose ur dividen

Jerichomy

4,346 posts

Posted by Jerichomy > 2022-06-17 10:52 | Report Abuse

Petron also got Idss

subwayzzz

1,063 posts

Posted by subwayzzz > 2022-06-17 11:50 | Report Abuse

bored. off for today.

sg999

1,806 posts

Posted by sg999 > 2022-06-17 12:09 | Report Abuse

After dividen drop more back to rm3

limkokthye

6,039 posts

Posted by limkokthye > 2022-06-17 12:10 | Report Abuse

Closed for 3months ,dont want to see

MoneyMakers

7,665 posts

Posted by MoneyMakers > 2022-06-17 12:39 | Report Abuse

Should collapse after div nxt week

Still need catch-down HY price

Sslee

6,860 posts

Posted by Sslee > 2022-06-17 13:11 | Report Abuse

Any interesting update on yesterday Petronm's AGM meeting?

NorAfan

161 posts

Posted by NorAfan > 2022-06-17 18:40 | Report Abuse

Kemuncak AGM ialah pengumuman final dividen sebanyak 20 sen, yang lain berkaitan perkara HR

Jerichomy

4,346 posts

Posted by Jerichomy > 2022-06-17 19:59 |

Post removed.Why?

RWG

1,051 posts

Posted by RWG > 2022-06-17 20:03 | Report Abuse

support petronm all the way

Sslee

6,860 posts

Posted by Sslee > 2022-06-17 20:06 | Report Abuse

I actually send the below email this morning but not yet receive any reply.

Dear Petronm IR/Company Secretary

Manoj Devadasan,



Good morning and my thousand apologies for not being able to physically attend Petronm’s 63th AGM yesterday due to work commitments.



How was yesterday's AGM? Hope it runs well.

I guess many attendees were asking the same question on Crack Spread, Derivatives Losses, will high crack spread translate into best ever quarter 2 2022 financial result and beyond..



I am writing this email to sincerely ask if my submitted questions in advance were answered during the AGM? And if answered, will you kindly email to me a copy of the answers to my questions. (Attachment: My two email on questions submit in advance for the upcoming Petronm 63th AGM on 16 June 2022)



By the way, may I know when the AGM minutes will be uploaded to the Petronm website?



Thank you

Have a good day



Best Regards
Lee Soon Sheng

RWG

1,051 posts

Posted by RWG > 2022-06-17 21:18 | Report Abuse

oil drop to 115, looks like up interest rates can beat the inflation

Posted by investor2021trading > 2022-06-17 21:55 | Report Abuse


What has inflation n Fed raising interest rate got to do with d price of Petronm?

Global Fuel Crisis Likely to Stay Unfixed. Can d fanning inflation not a cause by d unprecedented global shortage of petrol, diesel, gas n jet fuel? Prices for middle distillates have surged in recent weeks. “There is little hope that the undersupply will ease in the near future given strong demand growth and constrained refinery output,” the IEA said. The agency’s forecast for future refining processing is “not sufficient to fully meet middle distillates demand in 2022 or in 2023.”

Posted by Want2MakeMoney > 2022-06-18 00:04 | Report Abuse

Ideally, it should do well, but it is about market sentiment. Hope it will turn positive soon

Posted by Want2MakeMoney > 2022-06-18 00:05 | Report Abuse

All stocks these days up up fast , down also fast , cannot stay up on top

Posted by investor2021trading > 2022-06-18 08:05 | Report Abuse

Is this Good News for Petronm?
On Friday, Russia's Deputy Prime Minister Alexander Novak said throughput at the nation’s refineries could fall 10% this year.

Oil Nosedives on Fed Inflation Actions
Oil fell the most in three months due to Federal Reserve Chair Jerome Powell doubled down on his determination to curb the hottest inflation in decades with more aggressive rate hikes. For the first time, raising interest rates could result in an economic downturn and could blunt energy consumption. In the long run, supplies still look tight, market participants said.

Posted by information > 2022-06-18 11:41 | Report Abuse

BREAKING NEWS!

Large Fire Reported At Shanghai Petrochemical CO Today – According to report, a 304,000 bpd refinery is on fire in China in the early hours of Saturday morning. The fire broke out at 4:28am June 17, 2022 at a chemical plant of Sinopec Shanghai Petrochemical Co LTD in Shanghai‘s Jinshan District.

Dozens of emergency were called to the scene after the fire broke out. Evacuations is currently underway at the facility in the the Jinshan District, the fire department reportedly said.

https://snbc13.com/large-fire-reported-at-shanghai-petrochemical-co-today/

https://www.youtube.com/watch?v=3UfattJzvhA

Jerichomy

4,346 posts

Posted by Jerichomy > 2022-06-19 15:20 |

Post removed.Why?

Posted by investor2021trading > 2022-06-19 22:40 | Report Abuse

tomorrow dividend of 20 cent ex-date! they said stocks that gives high dividend during inflation/market clashed is considered gud investment! agreed?

Jerichomy

4,346 posts

Posted by Jerichomy > 2022-06-20 10:05 |

Post removed.Why?

dompeilee

11,888 posts

Posted by dompeilee > 2022-06-20 10:36 | Report Abuse

Wholesale slaughter.... & the dividend hasn't even ex-ed yet...luckily I SOLD all except 2 small lots

treasurehunt

1,884 posts

Posted by treasurehunt > 2022-06-20 10:46 | Report Abuse

High oil prices are mainly supported by unlimited QE and zero interest rate. In the absence of 2 crucial factors, it would certainly drop back to the pre-Covid level.

dompeilee

11,888 posts

Posted by dompeilee > 2022-06-20 10:47 | Report Abuse

Oops...dividend already X-ed....

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