Posted by omnigunk > 2017-05-17 10:23 | Report Abuse

Yes, when entering big cap stocks like this, must be very patient. The good part though is that the company is very stable and downside risks are very limited.

Posted by wiki123 > 2017-05-17 11:37 | Report Abuse

http://www.theedgemarkets.com/article/petronas-chemicals-looks-boost-specialty-chemical-sales

Posted by wiki123 > 2017-05-17 11:40 | Report Abuse

Petronas Chemicals Group Bhd (PetChem) currently sees only 0.2% of its total sales volume come from specialty chemicals but the company is aiming for 15% in the next 20 years, CEO Datuk Sazali Hamzah said in an interview.
“Our game plan is to aggressively pursue it beyond 2020. We may partner, buy over companies or even do direct licensing,” he said.
The affordability of specialty chemicals in its key markets of Southeast Asia, China and India is increasing as those economies expand, creating new demand opportunities, Sazali said.

Posted by omnigunk > 2017-05-17 12:14 | Report Abuse

https://pearsonnewspress.com/petronas-chemicals-group-berhad-klsepchem-a-look-at-the-margin-score/

Posted by tkp2 > 2017-05-17 20:40 | Report Abuse

chart look very good, this counter some time one day can up 20-30 cents, just wait for the day to come.

Posted by tkp2 > 2017-05-17 22:44 | Report Abuse

this counter movement will be like AOENCR, after good QR, the first few days not much movement, but after that up rocket high, very safe to bet now

Posted by tkp2 > 2017-05-17 22:45 | Report Abuse

Prepare another 10 lorries of bullets, going to top up along the way, C9 & C10 see you at 0.3

Posted by tkp2 > 2017-05-17 22:49 | Report Abuse

Going to focus on this counter for May, sailang !!!!!!!

Posted by tkp2 > 2017-05-18 08:35 | Report Abuse

if Trump down, whole world should be happy and market should be rally for 3 months

Posted by tkp2 > 2017-05-18 09:27 | Report Abuse

sapu sapu sapu, once this sell off settle down, strong rebound is expected

Posted by tkp2 > 2017-05-18 09:28 | Report Abuse

don't understand why Malaysia market is panicking

Posted by thenewbee > 2017-05-18 10:21 | Report Abuse

aiya tkp2, at most u can sapu today 0.145 only, means that most investors are aware of what's going on, nota big deal atm

Posted by tkp2 > 2017-05-18 12:12 | Report Abuse

0.145 can't get, still queuing, sapu some 0.15.

Posted by wiki123 > 2017-05-18 13:39 | Report Abuse

fuyoh, today most counters drop, this one relatively untouch... solid...

Posted by Alex Lim Jun Xiong > 2017-05-18 14:57 | Report Abuse

Still safe to enter Pchem at 15.5 cents now?

Posted by thenewbee > 2017-05-18 15:14 | Report Abuse

tkp2 , ur dream came true, can queue at 0.145 d

Posted by omnigunk > 2017-05-18 15:54 | Report Abuse

sorry 0.145 i managed to sapu

Posted by tkp2 > 2017-05-18 17:00 | Report Abuse

i got some C10 at 0.135, not bad

Posted by thenewbee > 2017-05-19 09:25 | Report Abuse

today sell queue block so less one? weird

Posted by omnigunk > 2017-05-19 09:26 | Report Abuse

The price is too low so no one selling

Posted by thenewbee > 2017-05-19 09:32 | Report Abuse

lol the sell queue was massive yesterday even at 7.2+

Posted by thenewbee > 2017-05-19 09:32 | Report Abuse

looks like retesting 7.4 soon

Posted by tkp2 > 2017-05-19 11:12 | Report Abuse

Both Petdag & Petgas momentum very strong, PCHEM will follow

Posted by thenewbee > 2017-05-21 17:04 | Report Abuse

if market sentiment good, we might be able to see pchem touches 7.5 this week, as tkp2 mentioned, petdag & petgas strong momentum, profit taking after qr released has been well absorbed, upgraded tp from each analyst team, oil recovered strongly ( although still not stabilized)

Posted by tkp2 > 2017-05-21 21:16 | Report Abuse

From the Edge Weekly
-----------------------------------------------------------------

Fair Value: RM 8.35 (BUY), AMinvestment Bank

PCHE’s 1QFY17 net profit of RM1.29 billion exceeded expectation. The outperformance stems from higher average products prices, high plant utilization rate of 99%, versus 92% in 1QFY16, and lower tax rate of 16% versus 25% in 1Q16. Revenue in 1QFY17 rose 19% quarter on quarter to RM4.7 bil – propelled by a 9% to 11% increase in average product prices and expanded output volume driven by the plant utilization rate improving 3% to 99% - together with higher methane supply via the Dalak pipeline to the Labuan plant. This drove the group’s 1QFY17 Ebita margin by 3% to 42% and contributed to a net profit increase of 31% q-o-q.

The group’s product prices are likely to be capped by Brent crude oil prices trading just above US$50 per barrel, down 7% from end 1Q17. However, we expect PCHEM’s strong earnings momentum to continue to be underpinned by the commencement of the 1.2 million-tonne capacity Sabah Ammonia Urea plant in 2QFY17, together with the group’s lower effective tax rates.

Posted by omnigunk > 2017-05-22 09:18 | Report Abuse

BIMB TP is 9.8? Wow

Posted by tkp2 > 2017-05-22 09:27 | Report Abuse

haha, 9.8, why not

Posted by thenewbee > 2017-05-22 09:28 | Report Abuse

sweep out the contra, slowly, no need to rush

Posted by wiki123 > 2017-05-22 11:10 | Report Abuse

Can i say after petronas counter play, it will be energy play like tenaga?

Posted by tkp2 > 2017-05-22 20:35 | Report Abuse

I am currently sitting at 30% profit for both C9 & C10, but i am very greedy, i want 200% profit, mother to hit 8.0 is just a matter of time, my 10 lorries of C9 & C10 is going to deliver another big win for me in 2017.

Posted by Apollo Ang > 2017-05-22 21:32 | Report Abuse

all already up let people know,lost one dare not say....all si ai bin

Posted by tkp2 > 2017-05-22 22:51 | Report Abuse

Old man Apollo Ang, you really deserve not to make money after 30 day (as you shared before), you spend time talking nonsense without checking my track record, go check 15 May my comments when i ask ppl to buy right after PCHEM released thier QR, at that time C9 & C10 is only 0.12-0.125.

I normally share my pick during the share price is low, this year my track record at VIS, Netx, Padini-CF, Johotin & etc is all the same, all between 100%-200% profit, nothing to hide, i never delete my comments.

My advise to you is too spend time study the FA, TA & SA about stock and provide constructive advise here rather than talking nonsense, this way, you might be able to start to make some money.

Posted by tkp2 > 2017-05-22 22:57 | Report Abuse

PCHEM was trading at PE 20-22 before the recent QR, now only PE16, assuming PE20, PCHEM should be at 9, no wonder BIMB give TP 9.8 and AMbank TP 8.35

Posted by tkp2 > 2017-05-22 23:10 | Report Abuse

Furthermore, Petdag is trading PE 25, and Petgas at PE22, is matter of time for PCHEM to catch up, PE 20 = 9.0, huhuhu, so excited.

Posted by tkp2 > 2017-05-22 23:12 | Report Abuse

Furthermore, PCHEM forward annualized EPS should be at 56 cents instead of 45 cents if we used last 2 quarters EPS (12 + 16) as benchmark.

Posted by tkp2 > 2017-05-22 23:17 | Report Abuse

I calculate right left top bottom, PCHEM should be easily above 8.0-8.5 lah, no brainer, look at the last 4 quarters Rev and profit, it is increasing Q by Q.

Q1FY17: 4.7 bil, 1.29 bil
Q4FY16: 3.9 bil, 0.98 bil
Q3FY16: 3.5 bil, 0.89 bil
Q2FY16: 3.2 bil, 0.46 bil

Posted by azlan88 > 2017-05-23 08:54 | Report Abuse

If PChem rose to PE20, it would be good for the impending listing of Lotte Chemical Titan.

Agree that PChem would benefit from these factors:

1. Potential record profit provided oil price & MYR do not increase too much.
2. Impending listing of LCT
3. High plant utilization rate (99%). Avg during the FY might be lower due to planned shutdown.

Heard that there will be another factor that will compel the share price to rise further. Buy before it is too late. haha

Posted by omnigunk > 2017-05-23 10:06 | Report Abuse

tkp2, 10 lorries equals 10 lots?

Posted by wiki123 > 2017-05-23 10:38 | Report Abuse

Re: azlan, what factor is that?

Posted by linges > 2017-05-23 13:03 | Report Abuse

C9 vs C10...mana cantik??

Posted by tkp2 > 2017-05-23 15:19 | Report Abuse

C9

Posted by tkp2 > 2017-05-23 15:24 | Report Abuse

omnigunk, i got a lot lah, i sailang in C9 & C10, sailang until i am a bit scare although i know is sure win, lol

Posted by azlan88 > 2017-05-23 15:43 | Report Abuse

I can't reveal lor. Nanti kena tangkap. haha

Posted by wiki123 > 2017-05-23 16:38 | Report Abuse

re: Azlan, how about timing? coming soon?

Posted by linges > 2017-05-23 16:47 | Report Abuse

Thx tkp2 :))

Posted by Alex Lim Jun Xiong > 2017-05-24 10:29 | Report Abuse

tkp2, pchem confirm earn if i buy c9 at 16 cents now?

Posted by tkp2 > 2017-05-24 10:38 | Report Abuse

confirm earn or not i am not sure, but if you don't buy then confirm can't earn lor, lol

Posted by tkp2 > 2017-05-24 10:39 | Report Abuse

don't ask me this kind of stressful question lah, lol

Posted by Alex Lim Jun Xiong > 2017-05-24 10:43 | Report Abuse

tkp2, sorry, don't means to make u stress, just seek for your advice.
I just bought 236 lots C9 at 16.5 cents.

Posted by tkp2 > 2017-05-24 10:46 | Report Abuse

haha, no worry, just kidding lah, still high chance to make money if you enter now