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Last Price

4.75

Today's Change

+0.04 (0.85%)

Day's Change

4.73 - 4.78

Trading Volume

43,700


9 people like this.

17,844 comment(s). Last comment by hng33 9 hours ago

Sslee

10,116 posts

Posted by Sslee > 1 month ago | Report Abuse

Any interesting update on yesterday Petronm's AGM meeting?

NorAfan

42 posts

Posted by NorAfan > 1 month ago | Report Abuse

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

Jerichomy

2,539 posts

Posted by Jerichomy > 1 month ago | Report Abuse

Idss in petron fail haha

RWG

436 posts

Posted by RWG > 1 month ago | Report Abuse

support petronm all the way

Sslee

10,116 posts

Posted by Sslee > 1 month ago | 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

436 posts

Posted by RWG > 1 month ago | Report Abuse

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

Posted by investor2021trading > 1 month ago | 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 > 1 month ago | Report Abuse

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

Posted by investor2021trading > 1 month ago | 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 > 1 month ago | 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-to...

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

Jerichomy

2,539 posts

Posted by Jerichomy > 1 month ago | Report Abuse

Jerichomy
Remember to sell before OTB and syndicate average down successfully and sell completely in each rebound..it is the same operation as hiap teck haha
36 seconds ago

Posted by investor2021trading > 1 month ago | 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

2,539 posts

Posted by Jerichomy > 1 month ago | Report Abuse

You see rr88 correct that otb run and pump in petron too hahs

treasurehunt

1,578 posts

Posted by treasurehunt > 1 month ago | 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

10,983 posts

Posted by dompeilee > 1 month ago | Report Abuse

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

treasurehunt

1,578 posts

Posted by treasurehunt > 1 month ago | Report Abuse

Mr Market loves educated people cause they are financially good and supplying blood continuously to the market. More importantly, they prone to emotional....

param1

768 posts

Posted by param1 > 1 month ago | Report Abuse

WAAAA OFFER SALE !! TIME FOR COLLECT

Jerichomy

2,539 posts

Posted by Jerichomy > 1 month ago | Report Abuse

Jerichomy
Heng yuan and petron like ays and hiap teck. Too fast
0 seconds ago

Jerichomy

2,539 posts

Posted by Jerichomy > 1 month ago | Report Abuse

treasurehunt
Mr Market loves educated people cause they are financially good and supplying blood continuously to the market. More importantly, they prone to emotional....
11 minutes ago

Jerichomy

2,539 posts

Posted by Jerichomy > 1 month ago | Report Abuse

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

Jerichomy

2,539 posts

Posted by Jerichomy > 1 month ago | Report Abuse

Jerichomy
Nowadays malaysian klci stocks only got 1 rebound haha
1 second ago

MoneyMakers

6,651 posts

Posted by MoneyMakers > 1 month ago | Report Abuse

All dump after div..still need drop alot more 2 catch-down HY price

jasonor

1,010 posts

Posted by jasonor > 1 month ago | Report Abuse

same fate with hengyuan lol.

Jerichomy

2,539 posts

Posted by Jerichomy > 1 month ago | Report Abuse

Yup yup more catch up haha

Jerichomy

2,539 posts

Posted by Jerichomy > 1 month ago | Report Abuse

Jerichomy
I think it is commodities collaspe haha as klci is commodities based haha
0 seconds ago

limkokthye

6,025 posts

Posted by limkokthye > 1 month ago | Report Abuse

I still have 120lots, later open i sell , keep pressing Petron to Holland

Posted by StartOfTheBull > 1 month ago | Report Abuse

Poor sentiments dominated the market amidst high oil price.

VTrade

1,958 posts

Posted by VTrade > 1 month ago | Report Abuse

When startof bull balik?
Or bila nak rebound and stable?

Posted by supersinginvestor > 1 month ago | Report Abuse

Annihilated.
RIP

treasurehunt

1,578 posts

Posted by treasurehunt > 1 month ago | Report Abuse

Good sentiments + Good FA = Excellent price
Good sentiments + lousy FA = Good price
Bad sentiments + Good FA = Correction/profit taking
Bad sentiments + lousy FA = gg
Fed hike interest rates + Quantity Tightening (QT) = gg

treasurehunt

1,578 posts

Posted by treasurehunt > 1 month ago | Report Abuse

Share market is the place to educate people who is ignoring facts and unaware of their emotions in responding to the sentiments.

Posted by DaFrank0701 > 1 month ago | Report Abuse

T.T my petrol T.T

Posted by StartOfTheBull > 1 month ago | Report Abuse

@Vtrade
Saya belum beli lah.

subwayzzz

999 posts

Posted by subwayzzz > 1 month ago | Report Abuse

dying a slow death is worse than jumping off a cliff

subwayzzz

999 posts

Posted by subwayzzz > 1 month ago | Report Abuse

HY very decisive. jump off a cliff means jump off a cliff. no aji ajo
petron is dying a slow death. pain to see

Jerichomy

2,539 posts

Posted by Jerichomy > 1 month ago | Report Abuse

Yup yup slow death…subwayzzz have you cut lost/win when i ask you

subwayzzz

999 posts

Posted by subwayzzz > 1 month ago | Report Abuse

i ragu-ragu ley

Jerichomy

2,539 posts

Posted by Jerichomy > 1 month ago | Report Abuse

Aiyoh why you don’t believe me

Jerichomy

2,539 posts

Posted by Jerichomy > 1 month ago | Report Abuse

Even you believe cut and buy lower also better lar

Liposenze

37 posts

Posted by Liposenze > 1 month ago | Report Abuse

As long as spread crack still high…..it’s ok

subwayzzz

999 posts

Posted by subwayzzz > 1 month ago | Report Abuse

you and me enjoy the show

Gabriella

21 posts

Posted by Gabriella > 1 month ago | Report Abuse

Petrol trend is going to end soon.

Posted by searchingmoney > 1 month ago | Report Abuse

I lari 1 week ago, karang tgh see see aje...

Posted by investor2021trading > 1 month ago | Report Abuse

pardon, why PetDag n PetGas still in green?

param1

768 posts

Posted by param1 > 1 month ago | Report Abuse

GOOD OBSERVATION...CUZ NO ONE DARE GORENG BIG BRO IS IN CHARGE

Posted by The St. Goreng > 1 month ago | Report Abuse

pump and dump done. That day small rebound already shouting like no tomorrow geh clown. Really funny AF lol

limkokthye

6,025 posts

Posted by limkokthye > 1 month ago | Report Abuse

Will drop to 1200points klci

anthonytkh

1,486 posts

Posted by anthonytkh > 1 month ago | Report Abuse

Limkokthye, it will not happen. The last time such a danger zone happened was when we were hit hard by Covid with several different MCOs after that. Zaf won’t let it happen

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