Posted by NatsukoMishima > 2022-09-24 08:33 | Report Abuse

WTI on track for its lowest close since Jan. 10 and Brent on track for its lowest close since Jan. 13.

2.xx coming!

Waterfalling crash in oil price coming next week , run right now !

Posted by bsinvestor > 2022-09-24 09:17 | Report Abuse

coming monday sure lao sai already

Posted by Sslee > 2022-09-24 09:31 | Report Abuse

LOW SULPHUR GASOIL CRACK SPREAD (1000MT) FINANCIAL FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)NYMEX
45.971
D
USD
−0.399
(−0.86%)

With cheaper crude oil price but diesel crack spread at USD 45.97 per barrel is that bad news for Petronm?

Posted by NatsukoMishima > 2022-09-24 10:28 | Report Abuse

Run right now , u can buy back cheaper at rm 2.xx later , dont be a cannon fodder under USA !

Posted by Mikecyc > 2022-09-24 10:33 |

Post removed.Why?

Posted by The St. Goreng > 2022-09-26 09:50 | Report Abuse

weak stock. Those bought on "good results" all sent to Holland village

Posted by Michael Kwok > 2022-09-26 18:01 | Report Abuse

The one who talk when petron near top.please read with chart or find the post..
Sell call petron 5.50-5.60
TP below 4
22/8/2022 9.23pm

Posted by abc333 > 2022-09-27 11:13 | Report Abuse

https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/oil/092622-refinery-margin-tracker-fires-outages-and-storms-seen-boosting-us-margins

Posted by AzlanIshtiqal > 2022-09-27 11:39 | Report Abuse

Tunggu dan tengoklah, permintaan O&G akan meningkat secara tinggi semasa menjelang ke musim sejuk

Posted by AzlanIshtiqal > 2022-09-29 09:48 | Report Abuse

US inventori minyak turun lagi

https://www.reuters.com/business/energy/oil-prices-mixed-hurricane-ian-output-cuts-support-dollar-weighs-2022-09-28/

Posted by Mikecyc > 2022-09-30 07:56 | Report Abuse

https://www.enanyang.my/node/501810

Posted by abc333 > 2022-09-30 11:07 | Report Abuse

https://oilprice.com/Latest-Energy-News/World-News/Warren-Buffett-Buys-Another-Batch-Of-Occidental-Petroleum-Shares.html
https://www.marketwatch.com/story/dont-buy-occidental-stock-just-because-warren-buffett-is-buying-analyst-says-11664478922
who to trust? Warren Buffet or Reporter?

Posted by abc333 > 2022-09-30 11:15 | Report Abuse

Call buy when stock price at peak
create panic when stock price at bottom. Reporter always the best employee of shark

Posted by dompeilee > 2022-09-30 15:57 | Report Abuse

Bought back the PetronM I SOLD above 5.50 from May - Jun & re-purchased for 4.40+ & re-sold too early @ 4.70+.... between 4.29-4.35 today

Posted by Jerichomy > 2022-10-01 08:33 |

Post removed.Why?

Posted by Jerichomy > 2022-10-01 08:34 | Report Abuse

Betul
St goreng


The St. Goreng
weak stock. Those bought on "good results" all sent to Holland village
4 days ago

Michael Kwok
The one who talk when petron near top.please read with chart or find the post..
Sell call petron 5.50-5.60
TP below 4
22/8/2022 9.23pm
4 days ago

abc333
https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/oil/092622-refinery-margin-tracker-fires-outages-and-storms-seen-boosting-us-margins
3 days ago

AzlanIshtiqal
Tunggu dan tengoklah, permintaan O&G akan meningkat secara tinggi semasa menjelang ke musim sejuk
3 days ago

AzlanIshtiqal
US inventori minyak turun lagi

https://www.reuters.com/business/energy/oil-prices-mixed-hurricane-ian-output-cuts-support-dollar-weighs-2022-09-28/
1 day ago

Mikecyc
https://www.enanyang.my/node/501810
1 day ago

abc333
https://oilprice.com/Latest-Energy-News/World-News/Warren-Buffett-Buys-Another-Batch-Of-Occidental-Petroleum-Shares.html
https://www.marketwatch.com/story/dont-buy-occidental-stock-just-because-warren-buffett-is-buying-analyst-says-11664478922
who to trust? Warren Buffet or Reporter?
21 hours ago

abc333
Call buy when stock price at peak
create panic when stock price at bottom. Reporter always the best employee of shark
21 hours ago

dompeilee
Bought back the PetronM I SOLD above 5.50 from May - Jun & re-purchased for 4.40+ & re-sold too early @ 4.70+.... between 4.29-4.35 today
16 hours ago

Posted by Jerichomy > 2022-10-01 08:34 | Report Abuse

Betul
St goreng


The St. Goreng
weak stock. Those bought on "good results" all sent to Holland village
4 days ago

Michael Kwok
The one who talk when petron near top.please read with chart or find the post..
Sell call petron 5.50-5.60
TP below 4
22/8/2022 9.23pm
4 days ago

abc333
https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/oil/092622-refinery-margin-tracker-fires-outages-and-storms-seen-boosting-us-margins
3 days ago

AzlanIshtiqal
Tunggu dan tengoklah, permintaan O&G akan meningkat secara tinggi semasa menjelang ke musim sejuk
3 days ago

AzlanIshtiqal
US inventori minyak turun lagi

https://www.reuters.com/business/energy/oil-prices-mixed-hurricane-ian-output-cuts-support-dollar-weighs-2022-09-28/
1 day ago

Mikecyc
https://www.enanyang.my/node/501810
1 day ago

abc333
https://oilprice.com/Latest-Energy-News/World-News/Warren-Buffett-Buys-Another-Batch-Of-Occidental-Petroleum-Shares.html
https://www.marketwatch.com/story/dont-buy-occidental-stock-just-because-warren-buffett-is-buying-analyst-says-11664478922
who to trust? Warren Buffet or Reporter?
21 hours ago

abc333
Call buy when stock price at peak
create panic when stock price at bottom. Reporter always the best employee of shark
21 hours ago

dompeilee
Bought back the PetronM I SOLD above 5.50 from May - Jun & re-purchased for 4.40+ & re-sold too early @ 4.70+.... between 4.29-4.35 today
16 hours ago

Posted by miracle_trader > 2022-10-01 09:07 | Report Abuse

probably will go below 4.00 , drag by US stock market

Posted by dompeilee > 2022-10-01 09:10 | Report Abuse

Checked my records...actually sold my original stake for 50979 for 8 lots averaging $6.372 per shr. Haven't bought back the full stake on Friday yet due to hostile market environment.

Posted by abc333 > 2022-10-02 10:33 | Report Abuse

https://www.automachi.com/2022/09/toyota-ceo-electric-vehicle-adoption-in-2035-will-be-hard/?fbclid=IwAR3os-hosVJR4nbO3PBxgku-Ibx0ShSJ2rE5J8VFM_qB4iWrdJbdsifcTIU

Posted by Sslee > 2022-10-02 11:09 | Report Abuse

Petronm:
Q2 Revenue : RM 5,596 million, PAT RM 183 million EPS RM 0.68
Q1 Revenue : RM 3,800 million, PAT RM 106 million and EPS RM 0.394

Petdag:
Q2 Revenue : RM 9,501 million, PAT RM 237 million and EPS RM 0.239
Q1 Revenue : RM 7,618 million, PAT RM 118 million and EPS RM 0.119

Petronm earning from Biodiesel+ refinering + retail and commercial sales petroluem products
Petdag earning from retail and commercial sales petroluem products

So to those naysayers at Petronm forum shouldn't you move to Petdag forum and urgently warn those still holding Petdag share to sell their Petdag share?

Petronm
Market Cap: 1,196 Million
NOSH: 270 Million
Quarter
Revenue
PBT
NP
NP to SH
NP Margin
ROE
EPS
DPS
NAPS
Financial Year: 31-Dec-2022
30-Jun-2022 5,596,062 240,671 183,479 183,479 3.28% 8.32% 68.00 0.00 8.1644
31-Mar-2022 3,800,335 143,753 106,377 106,377 2.80% 5.13% 39.40 0.00 7.6848


Petdag:
Market Cap: 20,823 Million
NOSH: 993 Million
Quarter
Revenue
PBT
NP
NP to SH
NP Margin
ROE
EPS
DPS
NAPS
Financial Year: 31-Dec-2022
30-Jun-2022 9,501,101 315,494 239,414 237,679 2.52% 4.22% 23.90 11.00 5.6700
31-Mar-2022 7,618,323 178,714 120,350 118,494 1.58% 2.18% 11.90 5.00 5.4800

Posted by Mikecyc > 2022-10-02 16:27 |

Post removed.Why?

Posted by VincentTang > 2022-10-02 18:26 | Report Abuse

Crack spread drop 48.36% to 1.652. Better sell all HengYuan and PetronM.

https://www.tradingview.com/symbols/NYMEX-D1N1%21/

Posted by Sslee > 2022-10-02 18:50 | Report Abuse

Know what is current diesel and jetfuel crack spread?

By the way you can look up to Petronm latest AGM minutes to find out what is Petronm yield in diesel and jetfuel.

Posted by Mikecyc > 2022-10-03 09:25 | Report Abuse

Haha know what is Current price RM 4.38 compared to yr promoted at ard RM 7.00 … mata Cacing ke ….

Posted by dompeilee > 2022-10-03 09:35 | Report Abuse

If it's gonna crash below $4...quickly crash & get it done & over with...

Posted by NatsukoMishima > 2022-10-03 09:38 | Report Abuse

People know oil n gas stock is very high risk already scare to touch , up 5 sens but drop 15 sens next week , finally lose money also !

Posted by dompeilee > 2022-10-03 15:51 | Report Abuse

Why stock appears to be totally resistant to selling??? Short-sellers trapped??? hehe

Posted by Sslee > 2022-10-04 07:44 | Report Abuse

Anything wrong I promoted Petronm at RM 7.00? When Petronm make 2.8 times higher EPS than Petdag but selling at 2.8 time lower than Petdag.

Posted by Mikecyc > 2022-10-04 08:26 |

Post removed.Why?

Posted by Mikecyc > 2022-10-04 08:34 |

Post removed.Why?

Posted by imvu > 2022-10-04 09:25 | Report Abuse

limit up ?

Posted by NatsukoMishima > 2022-10-04 10:32 | Report Abuse

Take profit before 11am , oil price wont sustain if USA keeps pressing down for curb inflation , USA is the biggest oil exporter !

Posted by AzlanIshtiqal > 2022-10-04 10:37 | Report Abuse

Tunggu besok dan saya rasa OPEC + akan mengurangkan penghasilan minyak

https://www.ft.com/content/bee3f1c7-4b7b-432b-ad35-6f506d173516

Posted by GhostRider999 > 2022-10-04 11:59 | Report Abuse

US inflation rate has reached it peaks in Jun 2022 and starts decreasing until now. Fed may relax it int rate hikes soon. Recessions will not be materialised.. Starts collecting

Posted by miracle_trader > 2022-10-05 09:29 | Report Abuse

bottom is in for Petron already, by next qr report, it will be back at rm6

Posted by abc333 > 2022-10-05 11:31 | Report Abuse

really thanks to the naysayer for the cheap tickets. Morning star and MACD cross, Winter in Europe, high diesel price. Hedging gain in crack spread.

Posted by AzlanIshtiqal > 2022-10-06 10:04 | Report Abuse

Keputusan OPEC+ dilaksanakan mengikut jangkaan saya

https://www.npr.org/2022/10/05/1126754169/opec-oil-production-cut

Posted by Jerichomy > 2022-10-08 08:29 |

Post removed.Why?

Posted by Jerichomy > 2022-10-08 08:50 |

Post removed.Why?

Posted by NatsukoMishima > 2022-10-11 10:07 | Report Abuse

U.S. Treasury officials plan to press ahead at this week’s IMF meetings with a cap on the price of Russian oil!

U will regret not take profit right now , win become lose , dont fight with USA !

Posted by VincentTang > 2022-10-11 10:14 | Report Abuse

Crack spread big drop -245.3% to -4.04 last night. HengYuan be careful.
https://www.tradingview.com/symbols/NYMEX-D1N1%21/

Posted by NatsukoMishima > 2022-10-11 11:29 | Report Abuse

Wow , drop from 32 to -ve 4.04 before USA put gap price , really cant image how worst it will drop this month if gap price set !

Posted by NatsukoMishima > 2022-10-11 11:30 | Report Abuse

Hengyuan will back to rm 2.xx after price gap !

Posted by VincentTang > 2022-10-11 14:33 | Report Abuse

Crack spread big drop -245.3% to -4.04 last night. Petronm be careful.
https://www.tradingview.com/symbols/NYMEX-D1N1%21/

Posted by Liposenze > 2022-10-11 14:35 | Report Abuse

USA down already….. nothing la

Posted by Jerichomy > 2022-10-11 21:01 |

Post removed.Why?

Posted by mf > 2022-10-11 21:20 | Report Abuse

BREAKING
IMF cuts global growth forecast for next year, warns ‘the worst is yet to come’

Posted by Zhuge_Liang > 2022-10-11 21:34 |

Post removed.Why?

Posted by Zhuge_Liang > 2022-10-11 21:34 | Report Abuse

https://klse.i3investor.com/web/cube/profile/HerbertChua