You all so critical on Taikor one for what lah. If you bet the cw 3 sen to 13sen thats more important mah. Not that Taikor will banklap like the Suiyee Auditor said mah. Haiyoh. Correct?
BobAxelrod
I only look for Value at any counters. TG is not going anyway soon, only stay or downwards. Burnt out star.....a super nova.......Dark Hole.
History lagi want cakap meh. If compared with Spore company SEA Ltd listed in US owner if Shopee one is nothing also leh. SEA at peak time during pandemic worth usd200bil more than DBS OCBC n UOB combined value leh. Now left 26bil even lower than smallest bank leh. Haiyoh. Correct?
BobAxelrod
What was their Market Cap at the height compared to Maybank, do you remember? What are they now???
You think Elon would stick to EVs and watch the competitors take the prices and his Billions away???? Only those who sit on their hands would be ever so stu peed.
Tan Sri not bad also leh. Company profitable from ipo until last Qtr baru loss making leh. Also cannot blame him as more tom dick n harry also want make quick money from gloves during pandemic leh. Haiyoh. Correct?
BobAxelrod
What do Elon and Jeff Bezos have in common???? They know how to make money with money.......only orang utan sits on their own hands.
Those are greedy punter bot at peak one of course blame themselves lah. Those shareholders followTan Sri from beginning one mana ada not happy leh. How many time dapat bonus issued n split share you count yourself lah. If kira divvy lagi sure happy leh. Haiyoh. Correct?
BobAxelrod
Hahahaha....ask those shareholders if they are happy now if still holding from the height????
And ask Telsa shareholders if they are satisfied with theirs and the future, planned and in store for them.
After goggles Bonus issued n Split saham from IPO until now. IPO price rm2.70 leh. Walao so high leh. If kira kira after all the bonus n split saham. Initial price only worth 1.47 sen leh. At current price 80sen pun ada 54x return in 22 yrs leh. Ini bukan value kah. Alot leh. Tan Sri from millionaire become billionaire leh. HY at current price non of the shareholder is billionaire shareholder leh. Haiyoh. Correct?
BobAxelrod
You mean bonus, split, bonus split like Public Bank??? But Public Bank still holding high woh.....where's your value???
US election news update. Trump party leading Biden party leh. Dunno at the end ada chg or not. Look like Trump party will win leh. Saham mau green lagi kah. Boleh?
Sudah cakap countless time Ular takda judi at here leh. Why you tak faham kah. You takda baca buku one kah. Still wothon 4.20 to 5.96 not yet rm3 leh. You short more lah. Haiyoh. Correct?
Posted by Sslee > Nov 9, 2022 2:09 PM | Report Abuse X
Industry leader Petron Corporation maintained its strong financial performance in the first nine months of the year, reporting a consolidated net income of P8.2 billion, up 64% from last year’s P4.99 billion.
Combined sales volume from Petron’s Philippines and Malaysian operations as well as the Group’s Singapore trading subsidiary grew 37% to 80.4 million barrels from 58.8 million barrels in the same period of 2021, reflecting higher fuel demand. In the Philippines, total sales volume jumped by nearly 30%.
The average price per barrel of Dubai crude dipped by $11 per barrel to US$96.88 in the third quarter due to recession fears. Despite the correction in the third quarter, prices of finished fuel products remained elevated compared to last year. With the volume increase, Petron reported consolidated revenues of P631.1 billion in the first nine months, more than double that of last year’s P291.6 billion.
The demand recovery in most economies supported the continued strength of regional refining cracks resulting in the overall improvement in margins. Petron’s operating income stood strong at P16.5 billion, 23% more than 2021’s P13.4 billion. These improvements, however, were tempered by the increase in financing cost due to the unprecedented strengthening of US dollars against the peso and the successive hikes in interest rates.
“Despite uncertainties from geopolitical conflicts affecting the industry, we are pleased to note that our recovery is still on track. We are working hard so we can end the year strong and remain committed to providing consumers and industries with quality fuel products they need,” said Petron President and CEO Ramon S. Ang.
Petron is the Philippines’ largest oil company, operating the only remaining refinery that is capable of providing nearly 40% of the country’s petroleum requirements. Petron operates a 180,000-barrel-per-day refinery in Bataan, 30 terminals, and over 2,000 service stations nationwide.
Petron has recently obtained the go-signal from its shareholders to allow the company to construct and operate a coco-methyl ester plant and to secure relevant permits.
Petron also acquired a PME (palm methyl ester) plant in Malaysia to serve as an internal source for its biodiesel products. Earlier this year, the plant has undergone capacity expansion to support the higher demand for biodiesel in the country.
Sslee 11022 posts Posted by Sslee > Nov 9, 2022 2:12 PM | Report Abuse X
Petron’s operating income stood strong at P16.5 billion, 23% more than 2021’s P13.4 billion
Interesting: Petron Corp has borrowing of more than USD 1 billion. A 10% depreciation against USD will result in more than 2 billion peso addition to the borrowing in Peso currency.
Sslee 11022 posts Posted by Sslee > Nov 9, 2022 2:17 PM | Report Abuse X
Need to wait for Q3 detail result to work backward from Net income attributable to Non-controlling interest to get the NP for Petron Malaysia.
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....
BobAxelrod
8,255 posts
Posted by BobAxelrod > 2022-11-09 10:34 |
Post removed.Why?