Posted by TakeProfits > 2023-11-24 13:51 | Report Abuse

Dompilee, you mean 2 biji shares of Petron you retain.
2 biji is 2 shares or 100 X 2 oony arh...
Soo little

Posted by TakeProfits > 2023-11-24 13:55 | Report Abuse

Why Petrons share price is so low is mindboggling compared to Petdg!!
Sumting not right !!!

Posted by sheldon > 2023-11-24 14:03 | Report Abuse

Sslee - you're spot on again on Petron's income (give or take a few dollars)!

Yes investors don't appreciate Petron which is why I advocate payment of large dividends

Posted by dompeilee > 2023-11-25 09:14 | Report Abuse

That's why I hold minimal stake as often as possible, even in the most well-run & solid companies, coz M'sians in general & Bursa are KOYAK when it comes to their reliability in generating daily income for me. Sold down to ZERO KLK several weeks back & only odd lots of PPB above $16 some months ago, & yes I only have 200 Petron left[costing me $4.58 btw], which on hindsight proved right for me since most of my sales were above $5 in '22 & '23. Pity the friend who lost his bet with me on the direction of the shr price by 9 cents & then illogically bought back what he sold 20 cents cheaper just b4 the dividend( I suspect so that the dividend would pay for the treat he was forced to give me) & is now stuck @ $4.93 until dunno when...😆 A stock that earned 30 cents last qtr only went up 3 cents on the news...the faithless & the poor cannot initiate a bull market!

Posted by daretocutandchange > 2023-11-25 11:43 | Report Abuse

don't care so much ,as long as dividend yeild have 5% ,pe low and must be patient.some times nobody know ?

Posted by sheldon > 2023-12-01 04:19 | Report Abuse

I'm losing RM2 per share as my average inventory of Petron shares = 6.64. But so far I'm not losing sleep over it.

My loss does not consider the considerable amount of dividends received over the years. Also the prospect of possible future capital gains is giving me the excitement of living.

Posted by sheldon > 2023-12-20 21:02 | Report Abuse

Out of boredom with the market, I bought some shares at 4.53.

Posted by sheldon > 2023-12-21 07:45 | Report Abuse

I noticed that my usual Petron station was shut for god-knows-what for more than a day! Is that what you're referring to?

Posted by 1288Go > 2024-01-17 18:23 | Report Abuse

Sheldon,
Thix Petron could do better. But really dunno what is management up yo..
Dividend only stable..
Share price hardly go up much when compared to other peer stocks as mentioned by SSLee..

Posted by 1288Go > 2024-01-17 18:25 | Report Abuse

Sheldon, you better off buying some of other stocks like Maybk, etc that pay you dividends and at same time potential for capital gains...
Petron becoming boring !!

Posted by sheldon > 2024-02-23 08:54 | Report Abuse

23 sen dividend is acceptable

Posted by Guideme84 > 2024-02-23 09:15 | Report Abuse

hopeless....

Posted by Jnlee > 2024-02-23 12:24 | Report Abuse

apa jadi, give dividend also 👇

Posted by alyson97 > 2024-02-23 19:45 | Report Abuse

Useless stock..... always take weeks to creep up to lose it all in 1 day

Posted by WellnessAntiCancer > 2024-03-09 22:22 | Report Abuse

Is it true that a full tank of Petron fuel gives more mileage compared to Petronas?

Petron not only have better mileage and best cash back if you use Public Bank-Petron card. this matters to us drivers - 98% use gas combustion engine. For Tesla co-horts, this is irrelevant.



Source: R Bala (2024), Focus Malaysia, Is it true that a full tank of Petron fuel gives more mileage compared to Petronas? Visited on : 9 March 2024

06/03/2024

Posted by James_Bond > 2024-04-17 15:55 | Report Abuse

Comrades, let’s paint PetronM green!

Posted by James_Bond > 2024-04-17 15:56 | Report Abuse

Gov going to abolish petrol subsidy!

Posted by James_Bond > 2024-04-17 15:59 | Report Abuse

If you witness how MSM rocketing up, this would happen to PetronM too! Cheers!

Posted by James_Bond > 2024-04-17 16:05 | Report Abuse

If you miss MSM, don’t worry, you still hv chance in PetronM!

Posted by James_Bond > 2024-04-17 16:08 | Report Abuse

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

High crack spread translating good profit margin to petron m refineries!

Posted by James_Bond > 2024-04-17 16:09 | Report Abuse

https://www.malaymail.com/amp/news/malaysia/2024/04/17/rafizi-confirms-malaysia-will-go-ahead-with-cutting-down-on-petrol-subsidies-this-year/129243

Posted by James_Bond > 2024-04-17 18:51 | Report Abuse

Remember Petrol/ Diesel is the highest subsidized item among all other things for instance sugar, cooking oil, rice etc… smart investors, you do the Maths, you should know how much profits coming from this… oh yes, the Malays still boycotting Petronas gas station right?… haha…

Posted by James_Bond > 2024-04-18 13:19 | Report Abuse

https://www.washingtonpost.com/national-security/2024/04/15/ukraine-russia-oil-refinery-attacks/

Posted by James_Bond > 2024-04-19 10:34 | Report Abuse

Breaking news: Israel attacking Iran!

Posted by James_Bond > 2024-04-19 10:34 | Report Abuse

Go go go PetronM!

Posted by wallstreetrookieNEW > 2024-04-20 14:38 | Report Abuse

Buying Petron at open this Monday. I ain't letting this opportunity slip away this time.

Posted by wallstreetrookieNEW > 2024-04-20 14:38 | Report Abuse

2017 - 2018 oil bull run 2.0

Posted by EngineeringProfit > 2024-04-20 15:30 | Report Abuse

Yup, parking RM 1 mil here, no fears

Posted by kohcl130562 > 2024-04-20 20:07 | Report Abuse

Price will only go up if the crack spread escalate upwards

Posted by hhhiii123 > 2024-04-25 20:42 | Report Abuse

go go dividend

Posted by EngineeringProfit > 2024-04-25 21:15 | Report Abuse

Wow....hihi

Posted by speakup > 2024-04-25 21:27 | Report Abuse

4.7% dividend. Nice but not as nice as some REITs giving 6%

Posted by dompeilee > 2024-04-26 09:07 | Report Abuse

Shucks! Shld not hv waited till the last minute to re-purchase my SOLD shrs but I did...anyway, BOUGHT 6 lots back @ 4.90 this morning.

Posted by James_Bond > 2024-04-29 10:39 | Report Abuse

Please be informed that I m going to dispose PetronM slowly…

Posted by James_Bond > 2024-04-29 10:42 | Report Abuse

Found better shares to invest in… cheers…

Posted by dompeilee > 2024-05-08 09:10 | Report Abuse

Fortunately, your (highly unnecessary) bulletin is unable to depress Petron's share price at all! It's likely up up UPPP all the way till the last day b4 ex-divvy!

Posted by 1288Go > 2024-05-10 14:54 | Report Abuse

Wah so CEPAT arh...you all make bikix want to jual, jual..
Can wait arh for it to get to 6 ringgit...
Fast premature players..
🤔...hmmmm

Posted by dompeilee > 2024-05-14 09:51 | Report Abuse

Am RIGHT🎯🎯🎯 again! $5 & above meaning that my expensive $4.90 shrs are also in the 💰💰💰!

Posted by 1288Go > 2024-05-14 21:19 | Report Abuse

10c oony also CEPAT CEPAT mahu jual. Everybody want to makan bilis plofit ooony arh...
Let it run further lar. All rushing to the gates for 5c,,;10c...plofit.
No wonder Petron cannot naik...
Worse still tak de institutional support.
Hairan No institutional support !!

Posted by dompeilee > 2024-05-15 08:19 | Report Abuse

Only the forumer who has a license to earn ikan bilis profit has sold. I have not sold a single unit! Experienced perennial stockmarket earners like me know it's best to hold until at least the last day before ex-dividend to get the best capital gain!

Posted by James_Bond > 2024-05-16 11:15 | Report Abuse

Hot money in Tech sector! Remember to come and join us!

Posted by dompeilee > 2024-05-20 15:09 | Report Abuse

HohoHOOOO...those who were still hoping to get below $5...you can fergghedaboutit!!!😆

Posted by Dehcomic01 > 2024-05-21 15:40 | Report Abuse

Bursa Petron Malaysia is a refinery cum petrol station business. Many believes that electric vehicles would eventually disrupt the petrol station business. But I suspect that it is probable a decade away.
Does this mean that we should no consider investing in Petron Malaysia? Over the past 12 years, the company delivered an average return that was greater than its cost of funds. This is a financially sound company whose performance is affected by crude oil prices.
Taking the performance over the oil price cycle into account, I found that there is a sufficient margin of safety from both the Asset Value and Earnings Power Value.
Unless you have decades of investing horizon, I would think the is a counter worth a look
For more insights go to page 20 of Invest https://notice.shareinvestor.com/email/newsletter/invest/pdf/Vol207-Invest-17May.pdf

Posted by dompeilee > 2024-05-23 09:37 | Report Abuse

🤗😘😊 The price action suggests that insiders(or not) are looking for better-than-expected results!

Posted by 1288Go > 2024-05-27 15:08 | Report Abuse

Very enticing Domp dump...getting us to buy.
You smart operator 😂

Posted by sheldon > 2024-06-11 16:33 | Report Abuse

Yes good earnings performance over the years and very good net asset backing but all this is NOT reflected in the share price. Only we see it but the investors with deep pockets are NOT interested.

The only medicine for such a situation is for the company to start paying out big chunks of the profits in the form of DIVIDENDS so that shareholders are rewarded and those that stood by the sidelines will feel regretful!

Posted by ivanlau > 2024-06-11 22:50 | Report Abuse

If based on forward eps 90x 6.5 pe , the fair value will be rm 5.85 , today closing 5.17 , think about that........

Posted by James_Bond > 2024-06-12 20:01 | Report Abuse

PetronM faces a threat from Saudi Aramco’s possible entry into Malaysia’s fuel retailing market, on top of the impending withdrawal of fuel subsidies, CGS International warned.

Aramco is reportedly negotiating to acquire Shell’s 950 retail fuel stations in Malaysia, which if a deal materialises, could heighten competition in the country, CGS said. Aramco will rebrand the stations and will offer promotions to retain existing customers and attract new ones, it said.

That “could be a potential de-rating catalyst” for PetronM. PetronM has 770 stations at present day where Shell’s 950 stations probably register higher sales due to first-mover advantage and multiple strategic locations in high-traffic areas.

Reuters reported on Monday (May 6) that Aramco has been in talks with Shell since late 2023 for the deal that could be worth up to US$1 billion (RM4.74 billion).

“We think that higher pump prices could encourage carpooling and disincentivise the unlawful moving of subsidised fuel to foreign countries,” which may ultimately reduce PetronM sales volume, the research house said.

Posted by James_Bond > 2024-06-13 09:02 | Report Abuse

Hohoho… those stil holding this company would miss the golden opportunity to flip your fortune in tech stocks! Haha!

Posted by James_Bond > 2024-06-13 09:03 | Report Abuse

Invited you all to join us, don’t listen, serve you right! Haha!