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Last Price

4.30

Today's Change

-0.01 (0.23%)

Day's Change

4.30 - 4.32

Trading Volume

17,300


10 people like this.

19,330 comment(s). Last comment by mf 2 weeks ago

paperplane2016

21,650 posts

Posted by paperplane2016 > 2017-05-02 13:03 | Report Abuse

Thanks to Jay

Million78

292 posts

Posted by Million78 > 2017-05-02 14:02 | Report Abuse

good^^ next level 7.5 haha

yesyesyes

728 posts

Posted by yesyesyes > 2017-05-02 14:06 | Report Abuse

do you foresee that 7.10 block will break later ?

suregain

1,611 posts

Posted by suregain > 2017-05-02 14:06 | Report Abuse

i want rm9

yesyesyes

728 posts

Posted by yesyesyes > 2017-05-02 14:51 | Report Abuse

dont throw your tickets easily

probability

14,490 posts

Posted by probability > 2017-05-02 14:53 | Report Abuse

results must be superb

paperplane2016

21,650 posts

Posted by paperplane2016 > 2017-05-02 15:17 | Report Abuse

7.50 before result? Cb is 0.50

AllWin

782 posts

Posted by AllWin > 2017-05-02 15:19 | Report Abuse

Paper, before result mother could be RM9.

Million78

292 posts

Posted by Million78 > 2017-05-02 15:37 | Report Abuse

good^^ limit up?

cheoky

2,823 posts

Posted by cheoky > 2017-05-02 16:00 | Report Abuse

good ^^

Million78

292 posts

Posted by Million78 > 2017-05-02 16:14 | Report Abuse

hit 7.50 then go 9 haha

paperplane2016

21,650 posts

Posted by paperplane2016 > 2017-05-02 16:15 | Report Abuse

Whatever. I holding tighy

probability

14,490 posts

Posted by probability > 2017-05-02 16:17 | Report Abuse

paper you holding CB's thigh.. tight tight?
Once in...cannot let go easily one...

Million78

292 posts

Posted by Million78 > 2017-05-02 16:55 | Report Abuse

me too^^

yesyesyes

728 posts

Posted by yesyesyes > 2017-05-02 16:57 | Report Abuse

wahh .. if everyone hold tight , that means rhb will make loses lo..

zoizai

1,477 posts

Posted by zoizai > 2017-05-02 16:58 | Report Abuse

chose this counter for my 2017 pick.
https://klse.i3investor.com/servlets/pfs/70742.jsp

Jay

1,126 posts

Posted by Jay > 2017-05-02 17:37 | Report Abuse

hope everyone is doing well. be patient and give good stocks time to perform

Jay

1,126 posts

Posted by Jay > 2017-05-02 17:38 | Report Abuse

I noticed that MAS seems to be a big customer for Petron (since its name and logo was featured in the annual report). with MAS coming back with more flights this year, the commercial segment should do better as well

逍遥子

805 posts

Posted by 逍遥子 > 2017-05-02 17:57 | Report Abuse

BP just posted a decent Q1 results, where healthy refinery margin is reported during that quarter.

http://m.nasdaq.com/article/bp-plc-bp-beats-q1-earnings--revenue-estimates-cm782404

逍遥子

805 posts

Posted by 逍遥子 > 2017-05-02 18:00 | Report Abuse

@Jay, in the annual report on commercial sector it did mentioned about the KLIA & KLIA2 which means that Petronm not only supply jet fuel to MAS only but they have started to supply to A.Asia as well.

probability

14,490 posts

Posted by probability > 2017-05-02 18:41 | Report Abuse

True. Looking at its growth potential and cash flow..independent on what the coming qtr results going to be..its worth to accumulate the mother as much as possible even at current price.

A good long term bet.

Jay

1,126 posts

Posted by Jay > 2017-05-02 19:17 | Report Abuse

I think so too but I don't know how big the MAS and AirAsia accounts are. I'm just guessing MAS is bigger because of the photo included :)

AirAsia has been growing strong last year because MAS scaled back its routes. so if MAS now back to compete with more flights, it can only be positive for Petron. more competition means more flights and more fuel consumed. the airlines' load factor may suffer but that's none of Petron's concern

LA777

3,383 posts

Posted by LA777 > 2017-05-02 19:23 | Report Abuse

Congrats to all!

逍遥子

805 posts

Posted by 逍遥子 > 2017-05-02 19:35 | Report Abuse

As far as Jet Fuel concern Petronm is still rather small in term of volumn supply to airline companies, however I m sure that Petronm management will be pushing hard for the growth

Davidl

1,816 posts

Posted by Davidl > 2017-05-02 21:00 | Report Abuse

Breaking new high soon!

probability

14,490 posts

Posted by probability > 2017-05-02 21:28 | Report Abuse

hmm...you are right..
its only 15 cents to go before touching uncharted territory.

Million78

292 posts

Posted by Million78 > 2017-05-03 09:12 | Report Abuse

good^^ shyhigh? gogogo

逍遥子

805 posts

Posted by 逍遥子 > 2017-05-03 10:05 | Report Abuse

As long as China government continues to deny permission for their local teapot refinery to export gasoline & diesel to oversea market. Asia refinery margin should be able to stay at reasonably healthy zone.

https://www.bloombergquint.com/markets/2017/05/02/oil-traders-idled-as-china-refiner-stars-fall-foul-of-smog-fight

Million78

292 posts

Posted by Million78 > 2017-05-04 11:05 | Report Abuse

good^^

Posted by invest_101 > 2017-05-04 12:29 | Report Abuse

Thanks Jay, great observation and appreciate kind sharing. This stock is for the long haul in my opinion too.

Million78

292 posts

Posted by Million78 > 2017-05-04 16:00 | Report Abuse

bursa is having sales good^^

Lee Yih Yeong

1,771 posts

Posted by Lee Yih Yeong > 2017-05-04 16:37 | Report Abuse

someone pls support at RM7.00..thanks

suregain

1,611 posts

Posted by suregain > 2017-05-04 16:50 | Report Abuse

those buy cb, must be shaking now... dun buy cb, buy mother saje

Million78

292 posts

Posted by Million78 > 2017-05-04 17:16 | Report Abuse

Sifu Probability saw you at ekovest forum also^^ r u buying ?

probability

14,490 posts

Posted by probability > 2017-05-04 17:18 | Report Abuse

yes i bought...i sold some of my engtex and bought ekovest mother...long term guaranteed return.

Dont ever sell petronm - its the gem of gems.

Million78

292 posts

Posted by Million78 > 2017-05-04 17:20 | Report Abuse

me too^^

Million78

292 posts

Posted by Million78 > 2017-05-04 17:20 | Report Abuse

bot gdex also
today doing bursa shopping

Million78

292 posts

Posted by Million78 > 2017-05-04 17:25 | Report Abuse

ok congrats sifu Probability hope we get big big win

probability

14,490 posts

Posted by probability > 2017-05-04 17:27 | Report Abuse

yup..even if it drops later (ekovest)...it wont take too long before its back to its original price.

suregain

1,611 posts

Posted by suregain > 2017-05-04 21:32 | Report Abuse

Wti down below usd47!!!!

Posted by Alex Lim Jun Xiong > 2017-05-04 22:17 | Report Abuse

Panic sell tomorrow. Gap down.

leelc99

871 posts

Posted by leelc99 > 2017-05-04 22:31 | Report Abuse

Good. You guys know what to do.

suregain

1,611 posts

Posted by suregain > 2017-05-05 06:35 | Report Abuse

Wti down 4%!!! Die liao

逍遥子

805 posts

Posted by 逍遥子 > 2017-05-05 07:55 | Report Abuse

Then sel loh !! Ha ha ha

Million78

292 posts

Posted by Million78 > 2017-05-05 09:10 | Report Abuse

sell for wat up dwn up dwn normal la

Million78

292 posts

Posted by Million78 > 2017-05-05 09:11 | Report Abuse

suregain come out again sharing bad news so pity

逍遥子

805 posts

Posted by 逍遥子 > 2017-05-05 09:17 | Report Abuse

Oil price fluctuations is part of Petronm business, that is the calculated risk you need to if you are in O&G downstream business. As long as refinery margin stay in reasonable healthy zone then no big issue.

逍遥子

805 posts

Posted by 逍遥子 > 2017-05-05 09:20 | Report Abuse

Petron Corp will release their first Qtr results either today or early next week, hopefully we can have more positive info from there.

Keep the figures cross

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