Happy to see these few days peyron share price up a bit. Wah now is 4.63... Real vely funny.. Petron EPs higher than petdg and Peyton no of shares may be lesser than petdg, but Petrons share price is so much lower. And IB dunno how they analyse that Petron price tgt is so low one. Haiz. Sslee, please do more for Petrons share price !!
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!
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.
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..
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 !!
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
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…
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!
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 !!
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!
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
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!
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.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 2905 views | 2 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
TakeProfits
1,229 posts
Posted by TakeProfits > 2023-11-24 13:50 | Report Abuse
Happy to see these few days peyron share price up a bit. Wah now is 4.63...
Real vely funny..
Petron EPs higher than petdg and Peyton no of shares may be lesser than petdg, but Petrons share price is so much lower. And IB dunno how they analyse that Petron price tgt is so low one.
Haiz.
Sslee, please do more for Petrons share price !!