Posted by hng33 > 2022-11-02 15:16 | Report Abuse

sold all PetronM at 4.91-4.95, locked all handsome profit

Posted by hng33 > 2022-11-02 15:37 | Report Abuse

hng33

Beware of current refinary crack spread, all 3 refine product are on downtrend.

https://www.tradingview.com/symbols/NYMEX-D1N1!/

https://www.tradingview.com/symbols/NYMEX-GOC1!/

https://www.tradingview.com/symbols/NYMEX-ASD2!/

Remark: Opt to take all handsome profit today to avoid getting trap later if crack spread continue tumbling

Posted by dompeilee > 2022-11-02 15:43 | Report Abuse

Don't need the $$$...Will hold on to 5 & above...TYVM

Posted by Jerichomy > 2022-11-02 20:05 |

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Posted by AzlanIshtiqal > 2022-11-03 11:55 | Report Abuse

US inventori minyak turun sampai -3.1million barrels. Ini maksudnya penggunaan dan permintaan minyak yg banyak

Posted by Jerichomy > 2022-11-03 22:03 |

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Posted by Jerichomy > 2022-11-03 22:07 |

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Posted by dompeilee > 2022-11-04 09:31 | Report Abuse

Rebounding again...no worries: I doubt I can buy it back for my most recent re-entry @ 4.51 :)

Posted by donnybelowski > 2022-11-04 09:40 | Report Abuse

Beli

Posted by AzlanIshtiqal > 2022-11-04 10:13 | Report Abuse

Naik

Posted by Jerichomy > 2022-11-04 16:35 |

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Posted by Jerichomy > 2022-11-04 23:53 |

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Posted by Jerichomy > 2022-11-06 12:59 |

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Posted by dompeilee > 2022-11-07 09:42 | Report Abuse

Hehehe...shooting UP again...holding on to my re-purchased shares costing $4.51 :)

Posted by AzlanIshtiqal > 2022-11-07 14:55 | Report Abuse

Dalam perjalanan ke harga RM5

Posted by Jerichomy > 2022-11-07 22:16 |

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Posted by AzlanIshtiqal > 2022-11-08 12:56 | Report Abuse

Sabar. Ia akan naik semasa pengesahan relaxation polisi sifar covid dari China

Posted by King_trader_shadow > 2022-11-08 21:47 | Report Abuse

I would be speechless, if this counter still below RM5 by end of the week.

However, i still doubt this counter would go above RM8 because the Banks has to pay huge amount of money for the warrant. I guess the upside would be close to impossible. Supposedly, we should be seeing good volume inflow after seeing all the good earning from US refinery.

Malaysia stock seriously has alot of issue though!

Posted by Jerichomy > 2022-11-08 22:44 |

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Posted by newbird33 > 2022-11-09 16:53 | Report Abuse

All go Holland.

Posted by Zhuge_Liang > 2022-11-09 17:03 |

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Posted by Zhuge_Liang > 2022-11-09 17:04 |

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Posted by Zhuge_Liang > 2022-11-09 17:05 |

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Posted by Jerichomy > 2022-11-09 22:52 |

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Posted by hng33 > 2022-11-10 10:27 | Report Abuse

Petron corp release Q3 result, profit slump more than 80% Q2 2022 to Q3 2022 and decrease 50% Q3 2021 on Q3 2022

https://www.petron.com/news/petron-remains-on-track-to-recovery-reports-p8-2-billion-net-income-in-first-nine-months/

https://www.petron.com/news/petron-doubles-consolidated-net-income-in-h1-2022/

https://www.petron.com/news/petron-reports-strong-2022-q1-results/

Posted by hng33 > 2022-11-10 10:31 | Report Abuse

Whatever calculation on profit become useless now as Petron corp, a holding company of PetronM already release slumping Q3 result.

Posted by hng33 > 2022-11-10 10:32 | Report Abuse

With petron corp release Q3 result, now, better use wise windom to project what will PetronM upcoming Q3 result !!!

Posted by AzlanIshtiqal > 2022-11-10 12:23 | Report Abuse

Tak apa. Q4 punya result akan lebih baik daripda Q3

Posted by King_trader_shadow > 2022-11-10 14:57 | Report Abuse

Looking forward to RM6 by mid Nov! Winter is coming soon as well. This Earning is actually good better than previous quarter, we might not be seeing all time but RM6 is possible.

Posted by cactus81 > 2022-11-10 20:32 | Report Abuse

@hng33, any idea contribution of Malaysia Petronm to Petron Philippines? Petron Malaysia might increase or reduce profit of Petron Philippines. Mind to share your finding?

Posted by Jerichomy > 2022-11-10 22:23 |

Post removed.Why?

Posted by Jerichomy > 2022-11-10 22:43 |

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

Tunggu Petronm naik ke Rm5 dulu

Posted by newbird33 > 2022-11-14 16:52 | Report Abuse

Confirmed go Holland

Posted by Sslee > 2022-11-15 08:36 | Report Abuse

https://klse1.i3investor.com/blogs/Sslee_blog/2022-11-15-story-h1651990549-Petron_Malaysia_projected_net_income_from_Petron_Corp_Q3_financial_resu.jsp

Petron Malaysia projected net income from Petron Corp Q3 financial result announced on 14th Sept 2022.

Posted by BobAxelrod > 2022-11-15 08:37 |

Post removed.Why?

Posted by hng33 > 2022-11-15 09:34 | Report Abuse

Upcoming Q3 PetronM result only expect to deliver EPS 11sen, is 86% decrease compared Q2 to Q3.

https://klse1.i3investor.com/blogs/Sslee_blog/2022-11-15-story-h1651990549-Petron_Malaysia_projected_net_income_from_Petron_Corp_Q3_financial_resu.jsp

Posted by kebling98 > 2022-11-15 23:14 | Report Abuse

Commodity Swaps. The Group has outstanding swap agreements covering its oil requirements, with various maturities. Under the agreements, payment is made either by the Group or its counterparty for the difference between the hedged fixed price and the relevant monthly average index price. Total outstanding equivalent notional quantity covered by the commodity swaps were 14.3 million barrels and 24.6 million barrels as of June 30, 2022 and December 31, 2021, respectively. The estimated net pay- outs for these transactions amounted to (P2,448) and (P543) as of June 30, 2022 and December 31, 2021, respectively.

Commodity Swaps. The Group has outstanding swap agreements covering its oil requirements, with various maturities. Under the agreements, payment is made either by the Group or its counterparty for the difference between the hedged fixed price and the relevant monthly average index price. Total outstanding equivalent notional quantity covered by the commodity swaps were 16.8 million barrels and 24.6 million barrels as of September 30, 2022 and December 31, 2021, respectively. The estimated net pay-outs for these transactions amounted to (P249) and (P543) as of September 30, 2022 and December 31, 2021, respectively.

Posted by kebling98 > 2022-11-15 23:20 | Report Abuse

page 43 , 45 show something about derivative lah
Since 2021 , Only Q3 can see derivatives assets more than derivatives liabilities lei
Good sign?

Posted by kebling98 > 2022-11-15 23:21 | Report Abuse

Macam Q4 baru can make derivatives gains

Posted by kebling98 > 2022-11-15 23:22 | Report Abuse

Meaning Q4 is yummy

Posted by kebling98 > 2022-11-15 23:27 | Report Abuse

Alamak meaning hedging pending loss 1000m for hy will reduce to 100 m ? macam ni means hy Q2 PAT 667m is real one lei. Any sifu can interpret boh? Like that must buy back hy lei.

Posted by kebling98 > 2022-11-16 07:33 | Report Abuse

28.25 m profit ( 30m ) was due to higher handling cost of oil and finished product

Petron pay 19% of oil price for the handling cost loh
Is too much lei
Normal rate is 5~9% only lah

Really disappointed lei

Means petron net margin is 124 - 119 = 5only lah

Gross profit 190 m only lah

Posted by AzlanIshtiqal > 2022-11-17 11:26 | Report Abuse

Minggu depan Petronm akan mengumumkan keputusan Q3nya?

Posted by King_trader_shadow > 2022-11-20 14:52 | Report Abuse

Let's not anticipate very much, wait till the ER is out then we react accordingly.

Let's participate more rather than anticipate.

Posted by AzlanIshtiqal > 2022-11-21 11:38 | Report Abuse

Betul cakap anda, King_trader_shadow. Tunggu Jumaat ni dan tengok Petronm ada keluar keputusan Q3nya tak

Posted by King_trader_shadow > 2022-11-21 23:40 | Report Abuse

Sslee,

Do you get personal reply from IR on the IB degrade the TP of petronm?

Posted by Jerichomy > 2022-11-22 22:32 |

Post removed.Why?

Posted by AzlanIshtiqal > 2022-11-23 11:49 | Report Abuse

Kekalahan parti perjuang tak banyak memberi kesan negatif kepada kaunter ni

Posted by Jerichomy > 2022-11-23 23:21 |

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