PETRONAS CHEMICALS GROUP BHD

KLSE (MYR): PCHEM (5183)

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Last Price

8.76

Today's Change

-0.02 (0.23%)

Day's Change

8.75 - 8.88

Trading Volume

2,144,800


9 people like this.

3,602 comment(s). Last comment by bullmarket1628 4 days ago

suhaimi

92 posts

Posted by suhaimi > 2022-04-07 16:38 | Report Abuse

break 10 mark follow join petdag petgas be brother

Posted by bang_miskin > 2022-04-13 09:45 | Report Abuse

Wow, crazy jump!

DickyMe

12,022 posts

Posted by DickyMe > 2022-04-16 15:15 |

Post removed.Why?

Posted by New_Investor92 > 2022-04-16 18:17 | Report Abuse

Feeling FOMO now, i was though this stock is overvalue because 2 warrants are going to expire soon i wonder there would be a pull back because the bank has to pay for the intrinsic value upon expiry. Even in glove warrant never once the bank paid after the expiry unless i miss out any. Should have purchased it earlier it seems.

Let see if it really hit RM 11.

Posted by bang_miskin > 2022-04-16 18:56 | Report Abuse

@New_Investor92 still not to late to buy a little bit. If it trends up, untung some, if it trends down, cut loss. Been holding Pchem for the past year, and partly covers losses in tech and gloves. Pretty good I'd say :)

stockraider

29,912 posts

Posted by stockraider > 2022-04-17 14:21 | Report Abuse

Buy lctitan much better loh!

Posted by New_Investor92 > 2022-04-22 21:07 | Report Abuse

Can someone enlighten me on the expiry warrant? Why the intrinsic value isn't tally and i know the time value is going to be 0 which is the premium. E.g warrant PCHEM-C66 --> premium value (0) + intrinsic value( 2.1) =Rm2.1

However the price is 0.115.

soon2795

118 posts

Posted by soon2795 > 2022-05-11 23:12 | Report Abuse

Good news to PChem soon?

Petronas-Aramco refinery in Malaysia restarts after two-year closure — source
https://www.theedgemarkets.com/article/petronasaramco-refinery-malaysi...

Johnzhang

2,449 posts

Posted by Johnzhang > 2022-05-12 06:30 | Report Abuse

PChem’s businesses are in the downstream segment like polymer, methanol , urea etc
Fuel oil refining segment belongs to Petronas, the mother company.

zhm540

2,371 posts

Posted by zhm540 > 2 months ago | Report Abuse

Pchem is down because RAPID fail to start-up again?

Posted by papazola1920 > 2 months ago | Report Abuse

Nice qr...

nicholas99

6,703 posts

Posted by nicholas99 > 2 months ago | Report Abuse

macam max already. two qr same profit.. despite drop revenue.. if ukraine and russia war improve. might head south.

Posted by bullmarket1628 > 2 months ago | Report Abuse

Walaoeh, what happened?
Super damn hot man Pchem today !
Pchem closed at=> RM10.26 (+0.26) (+2.6 %) !

Heng ah, Ong ah, Huat ah !

Posted by papazola1920 > 2 months ago | Report Abuse

Windows dressing la apek!

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2 months ago | Report Abuse

KEY STOCK DATA
P/E Ratio (TTM)
10.91(06/01/22)
EPS (TTM)
RM0.92
Market Cap
RM80.00 B (@ RM10.02 PER SHARE)
Shares Outstanding
N/A
Public Float
2.22 B
Yield
4.59%(06/01/22)
Latest Dividend
RM0.230000004(03/25/22)
Ex-Dividend Date
03/11/22

meistsk3134

2,374 posts

Posted by meistsk3134 > 2 months ago | Report Abuse

so also drol

Posted by bullmarket1628 > 2 months ago | Report Abuse

Petronas ups annual capex to RM60 bil, makes first allocation for clean energy
SyafiqahSalim/theedgemarkets.com
June 09, 2022 16:20 pm +08

https://www.theedgemarkets.com/article/petronas-plans-rm60b-capex-2022...

KUALA LUMPUR (June 9): Petroliam Nasional Bhd (Petronas) is allocating about RM60 billion for capital expenditure (capex) in financial year ending Dec 31, 2022 (FY22) compared with RM30.5 billion a year earlier as the Malaysian national oil company prepares for the resumption of business activities, which were earlier disrupted by Covid-19-driven movement restrictions, and as the group sets aside money for clean energy or non-hydrocarbon-related ventures.
"This year, we expect to almost double that [capex] amount which is RM60 billion, because of catch-up and the return of [business] activities. This is also the time we have to make inroads in some material steps into the non-hydrocarbon side of things," Petronas chief financial officer Liza Mustapha said on Thursday (June 9) at the MIDF Conversations event, which was held virtually.
MIDF group managing director Datuk Charon Mokhzani was the moderator for the event.
Liza said that out of Petronas' planned RM60 billion capex allocation for FY22, about RM40 billion has been earmarked for the oil and gas business besides non-hydrocarbon–related operations while the balance of the capex allocation has been earmarked to finance Petronas Chemicals Group Bhd's (PetChem) wholly-owned subsidiary Petronas Chemicals International B.V. (PCIBV) proposed acquisition of the entire stake in Sweden-based specialty chemicals group Perstorp Holding AB for €1.54 billion (about RM7.02 billion) from Financiere Foret S.A.R.L.
Petronas owns a 64.35% stake in PetChem, according to PetChem's latest annual report.
Looking ahead, Liza said non-hydrocarbon-related income is expected to account for about 30% of Petronas' revenue.
"[About] 30% of our revenue should be coming from something which is not related to hydrocarbons.
"We have to factor in [business] growth, otherwise, we will not be able to manage the energy transition and we will miss our target of achieving [net] zero [carbon] emissions by 2050," she said.
According to her, about 10% of Petronas' RM60 billion capex allocation for FY22 will be earmarked for non-traditional businesses such as specialty chemicals and solar energy.
"Previously, I think there was never a plan on what rate it should be [for the clean energy segment] because there was no allocation from the top. So, it didn't really take off.
"So, we need to rethink our decision on the capital allocation [for the clean energy segment] and put it aside, because if we leave it at that and let them go with the flow, we are going to be a year behind the target again," she said.
Petronas' financials improved in 1QFY22. In a statement on May 31, 2022, Petronas said profit after tax rose to RM23.44 billion in 1QFY22 from RM9.22 billion a year earlier while revenue climbed to RM78.75 billion from RM52.55 billion.
"Despite favourable [first quarter] performance, the high oil and gas prices are expected to remain vulnerable with increased volatility due to geopolitical and macro-economic uncertainties.
"Petronas will continue to strengthen our operational excellence to maximise value creation whilst intensifying our growth and sustainability agenda in Malaysia and internationally,” the company said.

Edited By: Chong Jin Hun

Posted by investor2021trading > 2 months ago | Report Abuse

High Gas Prices Force UK Fertilizer Plant to Shut.

CF Industries Holdings Inc. will close one of its UK fertilizer plants permanently as it struggles with high energy costs.

Posted by lionel messi > 2 months ago | Report Abuse

Don't forget QWH this Friday. Sell high and buy back lower next week or vice versa.

Posted by Eden__lee > 1 month ago | Report Abuse

据中国海关发布最新统计数据,中国5月份汽油、成品油出口下降;
①据中国海关发布最新统计数据,中国5月份汽油出口84万吨 同比降45.5%;年累计汽油出口486万吨,同比降40%
②5月份航空煤油出口81万吨,同比增42.6%;年累计航空煤油出口376万吨,同比增33.7%
③5月份柴油出口12万吨,同比降92.7%;年累计柴油出口173万吨,同比降83.7%
④5月份成品油进口201万吨,同比降14.2%;年累计成品油进口998万吨,同比降3.8%
⑤5月份石脑油进口64万吨,同比增4.5%;年累计石脑油进口305万吨,同比增1.1%
⑥5月份航空煤油进口6万吨,同比降67%;年累计航空煤油进口47万吨,同比降32.8%
⑦5月份液化天然气进口493万吨,同比降28.1%;年累计液化天然气进口2649万吨,同比降19.6%
⑧5月份气态天然气进口415万吨,同比增26%;年累计气态天然气进口1842万吨,同比增11.3%(来自汇通财经App)

L2

656 posts

Posted by L2 > 1 month ago | Report Abuse

classic heavily-manipulated shorting. not in bursa net-short list and minimal idss and EPF constant netbuy. Who else but IBs the culprits, playing with nominee shares.

kl_guy

950 posts

Posted by kl_guy > 1 month ago | Report Abuse

resistance level at 8.90 . Wait for rebound .

Hemsley

192 posts

Posted by Hemsley > 1 month ago | Report Abuse

What is causing the big drop in June?

Pinky

2,405 posts

Posted by Pinky > 1 month ago | Report Abuse

Too irresistible at this price

Posted by HK_Wealth_Management > 1 month ago | Report Abuse

RM4

Pinky

2,405 posts

Posted by Pinky > 1 month ago | Report Abuse

teruk

Posted by HF Isaac > 1 month ago | Report Abuse

Wats wrong with pchem. Even big boys start disposing?

looiting

359 posts

Posted by looiting > 1 month ago | Report Abuse

Sudah top mah....Big boys are leaving the party while retailers still holding the bag...Learn to read chart lah...If don't know, ask expert

Hemsley

192 posts

Posted by Hemsley > 1 month ago | Report Abuse

Huh, suddenly drop 7.5%?

Posted by HK_Wealth_Management > 1 month ago | Report Abuse

Long FCPO

momo33

132 posts

Posted by momo33 > 1 month ago | Report Abuse

big boys take profits .
Foreign funds selling kuat . was the top sell last week and last month.

Posted by HK_Wealth_Management > 1 month ago | Report Abuse

As we talk about regularly, concentrate on your current business unit, do not involve any Crude Oil future transaction, one of Singapore Crude Oil company bankrupt due to loss more than 0,7billion SGD of long Crude Oil future on 2020 March, now at least 2 years time no dividend provide for the shareholder

Posted by HK_Wealth_Management > 1 month ago | Report Abuse

2025 all car makers will occupy or replace more than 30 percent of electric car to the market in the world, this is trend

Posted by Sweetchocalates > 1 month ago | Report Abuse

Jialat. Petronas assets got seized

Pinky

2,405 posts

Posted by Pinky > 1 month ago | Report Abuse

PCHEM is doing petrochemicals la, cars going electric minimal effect to it

Michael Kwok

4,290 posts

Posted by Michael Kwok > 1 month ago | Report Abuse

Probably in the late 7 range.Sell on strength if got rebound.probably above 8.50.
Price 8.00
13/7/2022 12.41pm

Michael Kwok

4,290 posts

Posted by Michael Kwok > 1 month ago | Report Abuse

Above also include sell call once above rm 8.50.after tht early rm 6 range.

dompeilee

10,984 posts

Posted by dompeilee > 1 month ago | Report Abuse

WaterFALL!!!!! Regret a bit selling too early @ 8+ but now...

kl_guy

950 posts

Posted by kl_guy > 4 weeks ago | Report Abuse

rm9.00 got chance .

Posted by HK_Management > 3 weeks ago | Report Abuse

BP, ExxonMobil, TotalEnergies, Chevron seek oversea oil and gas company to expand and increase production soon. that is why US can do now to push down the inflation

kyliew

515 posts

Posted by kyliew > 2 weeks ago | Report Abuse

Breaking News!!!!!
US enters technical recession as economy shrank 0.9% in Q2

Michael Kwok

4,290 posts

Posted by Michael Kwok > 1 week ago | Report Abuse

sell call petchem 8.80 range.
Tp 5.50-6.00(the real thing)
4/8/2022 1.01pm

Posted by bullmarket1628 > 1 week ago | Report Abuse

Walaoeh, oil price continue to rise !
Brent closed at=>$94.92 +0.80 +0.85 %

Like that next Monday Pchem will be limit up already liao lah !

Heng ah, Ong ah, Huat ah !

Posted by bullmarket1628 > 1 week ago | Report Abuse

Walaoeh, oil price continue to spike up like mad !
Brent closed at=>
$96.65 +1.73 +1.82%

Like that today Pchem will be limit up already liao lah !

Heng ah, Ong ah, Huat ah !

Posted by bullmarket1628 > 5 days ago | Report Abuse

Walaoeh, oil price continue it’s uptrend !
Brent closed at=> $97.40 +1.09 +1.13 %

Like that today Pchem will be limit up already liao lah !

Heng ah, Ong ah, Huat ah !

Posted by bullmarket1628 > 4 days ago | Report Abuse

Walaoeh, oil price continue to spike up Like mad !
Brent closed at=> $99.60 +2.20 +2.26 %

Like that today Pchem will be limit up already liao lah !

Heng ah, Ong ah, Huat ah !

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