Thank you very much for your meeting invitation and I truly enjoyed our meeting today.
I truly appreciate your and your team's explanation that information on detail refinery margin, retail margin and biodiesel margin are dependent on many factors and sensitive in nature. I am grateful for your explanation that although Petron Malaysia does not have a formal dividend policy, past action on dividend given speaks louder than any word/policy.
It is my hope that this year's dividend should be better than last year.
Thanks and Best Regards Lee Soon Sheng
Dear Bursa,
I now have no more issue with Petron Malaysia but I take offence on the fact that Kananga IB’s unprofessional conducts of not engaging with investing public nor Petron Malaysia Management to make amendment to their incomplete/half past six analysis article on Petron Malaysia Refining - A Crack Spread Refinery Play: Dated: 27 October 2022
setuju. sebab harga saham petronm bukan tertakluk kpd refining margin saja. walaupun refining margin pada Q4 berada di paras negatif buat tempoh pendek, namun ada lagi faktor lain yg boleh membantu kenaikan harga saham kaunter ini
asalkan untung bagi suku Q4 + dividend, tak heran harga saham akan naik ke paras tertinggi sebelumnya. petronm adalah pilihan lebih selamat berbanding dgn HY
SSLee, are you around. Need to hear your comments on Petron's latest Qtrly report. It's real shocking to see a loss in Dec 22 Qtrly report. Something's not right , I think !? You have any clue !?
Petrol stations should make money. The refining loss due to using more expensive low sulfur crude and Q4 2022 mogas92 crack spread is negative. Did not understand why derivatives loss RM 63 million? Inventories write down RM 18.75 million.
Mogas92 crack spread is negative in Q4 so expected refining lossing money. Jan and Feb 2023 mogas92 crack spread already improve to USD10+ Will monitor Q1 2023 result.
Petrol stations should make money in a stable environment. But if prices fall there will be stock losses....never hear of petrol station operators complaining?
You should check in on some of those fields below.
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@stockraider. Memang blh mengatasi HY, tapi Petdag...