Posted by wltan22 > 2017-02-24 15:04 | Report Abuse

haha...damiantreez, may your wish come true end of the year or early next year...

Posted by Daniel Ryan > 2017-02-24 15:24 | Report Abuse

can still buy?

Posted by zoizai > 2017-02-24 15:24 | Report Abuse

Clearing contra player n weak holder

Posted by zoizai > 2017-02-24 15:25 | Report Abuse

This counter is for long term

Posted by Erudite > 2017-02-24 15:27 | Report Abuse

Nothing to worry. Yest volume almost 4 mil, today so far only 3 mil. in between some profit taking. more room to go. At least good that there is opp for those who miss the boat to collect. Short term RM7 no problem wan. Long term RM8 la!

Posted by zoizai > 2017-02-24 15:51 | Report Abuse

4pm show time?

Posted by LowProfile > 2017-02-24 15:53 | Report Abuse

anyone here is accumulating petron now? seems like someone/parties keep accumulating

Posted by Erudite > 2017-02-24 16:15 | Report Abuse

anyone accumulating now means they see the long term value of PEtronm

Posted by zoizai > 2017-02-24 16:21 | Report Abuse

Yes. Bought 1000unit. Me small fish.

Posted by Cindy Ling > 2017-02-24 16:23 | Report Abuse

Who bought morning d kena trapped kao kao

Posted by pitbull > 2017-02-24 16:24 | Report Abuse

Hahaha.....i bought 6.2
Damn. ...trap me ady

Posted by red_85 > 2017-02-24 16:33 | Report Abuse

already rose so much since yesterday..dont chase high la..profit taking soon

Posted by vitac > 2017-02-24 16:36 | Report Abuse

No body know how much can earn in future, up so fast because results too good, up so much also got people want to chase haiz...

Posted by Equityengineer > 2017-02-24 16:46 | Report Abuse

It will rise more../ still undervalued

Posted by LowProfile > 2017-02-24 16:49 | Report Abuse

lol so early then certified "trap"

Posted by Erudite > 2017-02-24 16:59 | Report Abuse

come monday likely to continue upwards movement as close above RM6

Posted by Risk Rider > 2017-02-24 17:05 | Report Abuse

I can't imagine how those people feel after bought above RM6.50..... but I know they won't sleep well tonight or over the weekend.

They will pray very hard for price to go up & sell the price where they purchased

Posted by LowProfile > 2017-02-24 17:06 | Report Abuse

today overall market sentiment not really that good... mostly red red in most countries... klse break below 1700... so today closing result considered not bad le

Posted by Equityengineer > 2017-02-24 17:36 | Report Abuse

hold till next quarter ..no worries ... today sell down due to overbought in KLse and most market around the world ..

Posted by Luqman Hakim > 2017-02-24 18:59 | Report Abuse

Long term shareholders dont need to worry I think..

Only people looking for short term profits kena trap, but thats on them, which idiot go day trading on fridays.

Posted by pitbull > 2017-02-24 21:48 | Report Abuse

Sorry.."
Forgot to tell everyone..
Last time i bought RM4.2 , many lots

Today , i buy 6.2 two lots only..
My average price is...RM 4.35
Wahkakaka~
Some idiot still under dreaming..LOL

Posted by Joblessrich > 2017-02-24 22:02 | Report Abuse

This Petronm is for long term. Like what Equityengineer have said, keep for 3 more months, next quarter should be good.

Posted by pitbull > 2017-02-24 22:47 | Report Abuse

I like dividend.....
Hahaha
Oil price stable now
Gov continue increase oil prices..
I aim for nxt qtr..

Posted by quekkeong > 2017-02-24 23:11 | Report Abuse

Chase share risky is more, must look long term....greedy is more risky...

Posted by Berkat > 2017-02-24 23:43 | Report Abuse

hi frens,
today close at bargain i think

Posted by zhangliang > 2017-02-25 21:03 | Report Abuse

I still like PetronM. Sharing here as well http://klse.i3investor.com/blogs/tradeview/116847.jsp

Posted by Erudite > 2017-02-25 21:11 | Report Abuse

agree petronm still undervalued

Posted by zoizai > 2017-02-26 00:51 | Report Abuse

As long crude oil price stabilize at 55USD, Petronm will continue produce same result.

Posted by Cindy Ling > 2017-02-26 18:43 | Report Abuse

Wonder tml up or down ....

Posted by zoizai > 2017-02-26 20:11 | Report Abuse

collect if down. Hope can reach rm7 after t3.

Posted by meistsk3134 > 2017-02-26 21:30 | Report Abuse

history only 7.. no more than 7. go collect 6

Posted by pitbull > 2017-02-27 10:17 | Report Abuse

History..is passed

Posted by Equityengineer > 2017-02-27 10:59 | Report Abuse

Hope can close higher at 6:20 , tomorrow sustain the price and then rocket up ..

Posted by Cindy Ling > 2017-02-27 11:06 | Report Abuse

Sad.... Rocket trend ended.....

Posted by Erudite > 2017-02-27 11:21 | Report Abuse

today just flushing out contra players. come end of the week or next week i quite sure it will move towards Rm7

Posted by Cindy Ling > 2017-02-27 11:29 | Report Abuse

Agree, I guess flush away many d...Seem d price floating in stable

Posted by invest_101 > 2017-02-27 11:40 | Report Abuse

To truly benefit from this stock would be to hold longer term hoping that it will mature into the next PetDag, supported by increasing dividend payouts. In the meantime just support and patronise the Petron brand/stations and report any positive and negative observations from your visits for ongoin discussion. Monitoring daily is tiring and not constructive. Timing in buying is not important when a stock performs. Take PetDag as an example, as it was trading below RM10 at the turn of the century and with current price at RM24.50, I don't think one would complain much if they bought at RM9.00 or RM9.50 or even RM11.00. Your only complain would be if you acted or bought the exposure you wanted. Good luck.

Posted by SALAM > 2017-02-27 11:46 | Report Abuse

Why comparing PetDag, why not Shell??

Posted by Equityengineer > 2017-02-27 12:32 | Report Abuse

Shell loss making and I don't think it's related to shell petrol bunk , correct me if I am wrong .

Posted by stockraider > 2017-02-27 12:33 | Report Abuse

Petron = Shell + Pet dag loh....!!

Posted by 逍遥子 > 2017-02-27 13:27 | Report Abuse

@invest_101, what a coincident this morning I was looking at PetDag historical data, what u mentioned is absolutely right. As at 2006 Petdag was trading at range of $4+ to $5 with a PE of around 9 & dividend yield of 3+% ! Once their dividend yield start to pick up, their PE was adjusted to 12, from there onwards the PE was gradually upgrade to 20+

Good company need times to unlock their value, and most of the times the process will take longer than we expected.

Happy Investing.

Posted by pitbull > 2017-02-27 13:33 | Report Abuse

This petronm forum suddenly appear many kaki....=.="

Posted by Jay > 2017-02-27 13:55 | Report Abuse

luckily could collect some when pressed down this morning. it's a good stock which is getting better

Posted by Erudite > 2017-02-27 14:25 | Report Abuse

I am more comforted to know that PetronM has more room to go once contra kakis are kicked out. So no issue to hold.

Posted by LowProfile > 2017-02-27 14:26 | Report Abuse

IMHO, i totally agreed with comments from invest_101 and Xiao Yao Zhi. But just on a side note, a gentle reminder that petromn is not the same like petdag, as we all knew that petronm involved refinery operation as well but not for petdag, and with petdag is the biggest petrol brand in malaysia, thus, petdag earning is relatively "predictable" and "stable" if compared with petronm (refinery factor), hence also be one of the reasons for petdag share price to continue to up and steady in the past years... uncertainties are still remain a concern for petronm in future, sales volume wise for petronm should be quite steady and increasing slowly as seen confidence slowly build up in the customers, much volatility concerns should be still remain with global crude oil price and on refinery margin, though with the latest and limited information we have now, at least we somehow can roughly know coming q "should be" able to maintain the same or better...

my 2 cents....

Posted by Equityengineer > 2017-02-27 14:38 | Report Abuse

dividend up by 2 cents , so that is positive , next get rid of th debt . It will yield to better dividend ... more investors will log in ..

Posted by 逍遥子 > 2017-02-27 14:53 | Report Abuse

Ya, Petdag earning is more stable & predictable in a way compare to Petronm, that is why Petronm is still trading with PE 7, where as Petdag on 20+

Posted by probability > 2017-02-27 14:58 | Report Abuse

if you look at on that angle...
PBT of Petdag is 335M for a Revenue of 6B
PBT of Petron is 158M for a Revenue of 2.3B

Does that means 85% of the PBT in PetronM contributed by the Petrol Stations...and only 15% by the Refinery?

Then...does that mean it would be very reasonable to assume the sustainability of current PBT of Petron?

Posted by probability > 2017-02-27 15:08 | Report Abuse

should use the Gross Profit and determine...

Posted by LowProfile > 2017-02-27 15:13 | Report Abuse

@probability, i do not have the specific knowledge/information that could specifically tell the contribution between refinery and petrol station (retail & commercial products). Based on the limited information i have, it seems like petronm do not list it out that details about the contribution part. Due to this, personally i cant confirm and confidence with the sustainability of petron PBT. But few positive things for sure which are: 1) stable crude oil price as of now (usd54-56), with opec intention (actions taken gradually) to get the oil price stable which is good for petronm. 2) petronm debt reducing in a very promising way which is a very bright and positive side for the company itself in future. 3) confidence in petronm is growing healthy as we can seen from its sales volume, be it in retail and commercial area...
things like global crude oil and refinery margin it seems like petronm couldnt do much about it but if refer to internally the company itself personally i think they are doing great so far, well at least in a right and promising direction...