PETRONAS CHEMICALS GROUP BHD

KLSE (MYR): PCHEM (5183)

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Last Price

5.70

Today's Change

-0.11 (1.89%)

Day's Change

5.70 - 5.86

Trading Volume

799,200


10 people like this.

4,266 comment(s). Last comment by Plantermen 18 hours ago

mykasih99

238 posts

Posted by mykasih99 > 2017-06-19 16:19 | Report Abuse

IPO - Lotte Chemical Titan Holding Berhad (LCTITAN) - http://klse.i3investor.com/blogs/ipo/125595.jsp
LCT will be the largest IPO in Malaysia since August 2012 and the largest in Southeast Asia since May 2013

wiki123

2,447 posts

Posted by wiki123 > 2017-06-19 17:08 | Report Abuse

1 more month to listing...

wiki123

2,447 posts

Posted by wiki123 > 2017-06-19 17:18 | Report Abuse

with today closing at 7.20... macd finally crossed upward... bullish :)

wiki123

2,447 posts

Posted by wiki123 > 2017-06-20 09:45 | Report Abuse

it is going to break triangle soon... need only volume...

thenewbee

3,605 posts

Posted by thenewbee > 2017-06-20 13:37 | Report Abuse

Volume is always high in this stock . But those volume are intended wall or queue to be sell

thenewbee

3,605 posts

Posted by thenewbee > 2017-06-20 15:55 | Report Abuse

wiki do u have the power of bomoh, this range has been like this for almost 1 month haha

wiki123

2,447 posts

Posted by wiki123 > 2017-06-20 16:10 | Report Abuse

i think you better get ready, either get ready to jump out of the stock or just stay put... looking at the triangle, it can still go on for a few more days before breaking out of triangle, 3 to 4 days... that time will decide the direction...

wiki123

2,447 posts

Posted by wiki123 > 2017-06-20 16:12 | Report Abuse

but still doesnt make sense to go down, coz, profit is on the rise. even next quarter is EPS 12cents, it's still almost 100% from last year... annualised, can still beat last year...

wiki123

2,447 posts

Posted by wiki123 > 2017-06-20 16:51 | Report Abuse

just received IPO notification, lotte ipo 11 Jul tentative... 740mil shares. Such big company with quite low share number, think its attractive...

thenewbee

3,605 posts

Posted by thenewbee > 2017-06-20 17:46 | Report Abuse

i will hold another month as long as it stay in 7.1 above

wiki123

2,447 posts

Posted by wiki123 > 2017-06-21 10:11 | Report Abuse

re:goldentriangle, you see this news by CNBC... http://www.cnbc.com/2017/06/20/oil-prices-are-tumbling-more-than-2-percent-toward-43-a-barrel-right-now.html this is the contrarian news, when CNBC announced bear market, means oil is near bottom for reversal... from chart, 43 is strong support, it will reverse...

wiki123

2,447 posts

Posted by wiki123 > 2017-06-21 10:31 | Report Abuse

and I suggest if you want to buy energy stock at a cheap, then good time to collect something like petronm... it's getting more attractive...

windcloud

1,393 posts

Posted by windcloud > 2017-06-21 11:14 | Report Abuse

Buy Buy Buy ...... may have a technical rebound before or just after Hari Raya ..... Lower crude oil price will reduce the cost of chemical materials .... margin wise if not wrong will improve than giving rebate on selling price ...... A nonsense sharing .....

thenewbee

3,605 posts

Posted by thenewbee > 2017-06-21 11:52 | Report Abuse

I believe some actions will be taken to stop the world from entering a bear market. This is not a crisis like previously , is just over supply from some of the countries. Oil will rebound strongly .

thenewbee

3,605 posts

Posted by thenewbee > 2017-06-21 11:55 | Report Abuse

Also the market just enterered a bull mode this year , this is a wave 5 Elliot wave, which is the strongest wave , is just a technical correction before moving up

wiki123

2,447 posts

Posted by wiki123 > 2017-06-21 13:51 | Report Abuse

hammer candle for oil and gas exploration etf... should spot a reversal soon...
http://stockcharts.com/h-sc/ui?s=xop

Posted by Semplicita > 2017-06-23 14:46 | Report Abuse

it looks like the great wall of 7.20 is unbreakable

leelc99

871 posts

Posted by leelc99 > 2017-06-23 15:08 | Report Abuse

Some party blocking price from moving upwards....

thenewbee

3,605 posts

Posted by thenewbee > 2017-06-23 16:49 | Report Abuse

Another 1 weeek to go to make my decision cut or hold . Good luck everyone

thenewbee

3,605 posts

Posted by thenewbee > 2017-06-28 12:07 | Report Abuse

Support broken . See how much can it recover later . 7.10 closing or need to cut

HaoRan

275 posts

Posted by HaoRan > 2017-06-28 12:09 | Report Abuse

hmmm,what happen to pchem. aiyayya

omnigunk

191 posts

Posted by omnigunk > 2017-06-28 15:00 | Report Abuse

Long term hold. Zzzz while waiting to go up.

Junichiro

2,057 posts

Posted by Junichiro > 2017-06-30 20:03 | Report Abuse

Lotte Chemical Titan Holding Bhd will relaunch its initial public offering (IPO) on Monday at a lower price than initially targeted due to weak investor appetite, three sources familiar with the deal said.

The IPO will be likely be launched at RM6.50 per share, raising RM4.81 billion, the sources said, speaking on condition of anonymity as the process is private.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-06-30 21:16 | Report Abuse

There is no official announcement yet from Lotte Chemical Titan Holding Bhd in Bursa Malaysia Website. If true, MIH should refund our application money immediately (by Tuesday 4 July 2017) for us to reapply at RM6.50 before a new closing date.

wiki123

2,447 posts

Posted by wiki123 > 2017-07-03 16:52 | Report Abuse

finally breaks out of triangle and moving upwards... closing 7.30 :) ... tomorrow call warrant will jump up to follow...

wiki123

2,447 posts

Posted by wiki123 > 2017-07-03 16:58 | Report Abuse

and I think whoever that is has collected enough C10 for the play up... think average 8 to 9cents... for almost 1 month...

thenewbee

3,605 posts

Posted by thenewbee > 2017-07-04 08:53 | Report Abuse

what's wrong with this goldentriangle, spreading negative news everywhere? can we just report this fool

thenewbee

3,605 posts

Posted by thenewbee > 2017-07-04 10:09 | Report Abuse

wiki: i hope that it wasnt real about a technical rebound, but doesnt seem to push higher after the 7.30 closing

wiki123

2,447 posts

Posted by wiki123 > 2017-07-04 10:35 | Report Abuse

could be doing a t+ something days... t+2, t+3... etc... after the 7.30.... now is inside bar... volume is low...

Junichiro

2,057 posts

Posted by Junichiro > 2017-07-04 10:53 | Report Abuse

A triple zig zag formation for Pchem ??

wiki123

2,447 posts

Posted by wiki123 > 2017-07-04 14:32 | Report Abuse

or could be t+7 until next wednesday to move together with Lotte? Although current price now PE is 16, forward PE is only 12...

thenewbee

3,605 posts

Posted by thenewbee > 2017-07-04 15:32 | Report Abuse

great wall building up agan

wiki123

2,447 posts

Posted by wiki123 > 2017-07-04 15:40 | Report Abuse

suggest you open a blog and have the crash crisis discussion there rather than comment on each individual counters.... there you will find more better pple for expert view...

Posted by goldentriangle > Jul 4, 2017 03:26 PM | Report Abuse
Asian crisis is coming, All the asian
markets was collapsed.. As at 3.25pm,
Nikkei 20,032.35 (-23.45)
Hang Seng 25,393.68 (-390.49)
Shanghai 3,179.33 (-16.58)
Taiwan 10,347.78 (-65.01)
Korea 2,380.52 (-13.96)
Singapore 3,208.83 (-14.63)
KLSE 1,763.66 (-5.01)

omnigunk

191 posts

Posted by omnigunk > 2017-07-04 17:05 | Report Abuse

I normally invest exactly opposite of goldentriangle because he's always wrong. Made a lot of money so far.

omnigunk

191 posts

Posted by omnigunk > 2017-07-04 17:05 | Report Abuse

Case in point, CIMB

HOLLAN5222

123 posts

Posted by HOLLAN5222 > 2017-07-05 00:21 | Report Abuse

PCHEM quarter report is good but share price keep going down.I think not goreng lah.duit sudah pakai habis untuk goreng lah

ag397

27 posts

Posted by ag397 > 2017-07-05 11:06 | Report Abuse

this is what i got from Pchem financial report regarding its new plant in Sipitang, Sabah. - The Group will also commence operations at its new world scale fertiliser plant in Sipitang, Sabah in the first quarter of 2017.

The Group’s new world scale fertiliser plant in Sipitang, Sabah has reached full design capacity and is expected to contribute to the Group’s results in the second quarter onwards.
if so starting on 2nd quarter 2017, their financial will be improved n improve growth right as the new plant is expected to nearly double the company's production capacity and position it to become the second biggest urea producer in South East Asia.The plant will have a production capacity of 1.2million metric tonnes per annum (mmtpa) of granulated urea and 740,000mtpa of liquid ammonia. Anyone have any opinion on this ?

Junichiro

2,057 posts

Posted by Junichiro > 2017-07-05 15:44 | Report Abuse

If good news keep coming, but the price keeps dropping means that the stock has peaked.

wiki123

2,447 posts

Posted by wiki123 > 2017-07-06 17:15 | Report Abuse

last session close high at 7.15... just above the triangle... either a t+3 today or need another day t+4....

AllWin

782 posts

Posted by AllWin > 2017-07-10 11:20 | Report Abuse

All cash out switch to Lotte tomorrow?

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-07-10 11:24 | Report Abuse

yup cos pchem pe is higher than lotte

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-07-10 11:25 | Report Abuse

at same price better buy lotte than pchem

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-07-10 11:26 | Report Abuse

pchem paid up 8bil compare wif lotte 2.3bil only

ivan9511

3,854 posts

Posted by ivan9511 > 2017-07-10 13:38 | Report Abuse

this counter good to buy .now cheap

investmalysia

1,454 posts

Posted by investmalysia > 2017-07-12 12:14 | Report Abuse

this counter one day wonder. yesterday up 12 cents today down 22 cents. tmr down 32 cents

Posted by agcnazriadam > 2017-07-12 12:24 | Report Abuse

Unpredictable...

Posted by limch800 > 2017-07-14 13:17 | Report Abuse

good time to buy because warrant C10 and C9 going to expired soon. That's why the price is under pressure. Once warrant expired pchem will be going up

Sham6651

16 posts

Posted by Sham6651 > 2017-07-14 16:15 | Report Abuse

Good

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