Posted by RainT > 2019-09-24 11:37 | Report Abuse

@jaya

8.50, not so fast la

at least until next quarter result to see the turnaround effect

Posted by i3lurker > 2019-09-24 11:39 | Report Abuse

risk
I have no idea where the price is going
I only 100% know that the demand for the products will be less in the near term
there is no reason to buy the shares
China are building and planning huge capacities far in excess of their own requirements. Means exported to get forex exchange purposes
people with heads in sand always quote huge capital outlay.
huge capital outlay not issues.
skill is an issue.
those who buy are betting that Malays who are the workers are the MOST SKILLED in the world. Of course this is true otherwise you will NOT buy.....

already US discovered that China skilled workers cannot be replaced at all.

Posted by i3lurker > 2019-09-24 12:10 | Report Abuse

China is a state economy.
They build factories for employment and forex exchange purposes.
Even at breakeven or small loss, they will sell their products already
No one can compete with them.
Trump was right to take some action.

Posted by risktransformer > 2019-09-24 15:48 | Report Abuse

Hope it will go all the way down back to RM6.95 (can start buying back from there & downwards).

Posted by kingb > 2019-09-25 12:23 | Report Abuse

Waiting under the tree for a rabbit to pass by. But the rabbit reproduce happily on the side.

Posted by popo92 > 2019-09-25 12:44 | Report Abuse

I don’t think anyone can be a successful prophet or weather forecaster trying predicting share price. Longer term, only consistent growth of the business can cushion impact of risk.

Posted by RainT > 2019-10-01 12:05 | Report Abuse

@popo92 what u said is correct

Posted by RainT > 2019-10-01 12:06 | Report Abuse

seem sbb keep on support the share price

i want get below 1.00, difficult

Posted by risktransformer > 2019-10-01 15:57 | Report Abuse

I already said it will drop to RM7.50; this seeming "support" at RM7.50 also doesn't look like it is going to last long, especially when EPF keep hammering down with disposals of 1 million or 3.9 million shares almost on daily basis.

Posted by Titan > 2019-10-03 09:39 | Report Abuse

Lotte Chemical building another petrochemical plant in indonesia. The market is already on an oversupply mode and more coming online. This is just great.

Posted by mamatede > 2019-10-03 14:17 | Report Abuse

Lotte chemical is producing PP plant to be exact. Petrochemicals is too wide and generic

Posted by risktransformer > 2019-10-04 09:10 | Report Abuse

Wah! Today PCHEM jiak lat oh.... open 8 minute only already drop 15 sen! RM7.20 coming!

Posted by Titan > 2019-10-04 10:48 | Report Abuse

Pchem also got produce PP raw material.....meaning got competition.....and more supply in PP section.....

Posted by popo92 > 2019-10-04 12:34 | Report Abuse

short term, plastics packaging industry might be beneficiary. longer term, pchem will do well in my opinion...they are not relying merely on pp or pe.

Posted by risktransformer > 2019-10-07 13:33 | Report Abuse

RM7.20 now..... likely to go lower (probably RM7.05 soon).

Posted by RainT > 2019-10-07 17:47 | Report Abuse

down trend again?

2nd round down trend

Posted by freddiehero > 2019-10-07 17:50 | Report Abuse

not bad, can uo and down

Posted by Titan > 2019-10-08 08:56 | Report Abuse

I'm waiting at Rm6.50.....wake me if it kiss that TP.......lol

Posted by stingray_ea > 2019-10-09 09:28 | Report Abuse

opp

Posted by stingray_ea > 2019-10-09 09:45 | Report Abuse

wah...

Posted by tkl88 > 2019-10-09 10:02 | Report Abuse

Countdown 2 days to 11/10/2019 (Friday)'s super prosperous budget 2020 !
Huat ah ! Heng ah ! Ong ah !

Posted by Icon8888 > 2019-10-09 11:07 | Report Abuse

712... tiu....

Posted by stingray_ea > 2019-10-09 11:07 | Report Abuse

1888-->1588 -300 klci

Posted by stingray_ea > 2019-10-09 11:11 | Report Abuse

jangan tunggu lama-lama , nanti pchem diambil orang

Posted by ViWizard > 2019-10-10 11:10 | Report Abuse

this pchem good to trade haha

Posted by tkl88 > 2019-10-10 11:10 | Report Abuse

Good news for KLSE and Malaysia's economy with budget 2020...
Like that our KLSE will spike up to break above 1,800 points ~ 2,000 points after budget i.e year 2000, 2021 and etcs

Mega project boost for budget Thursday, 10 Oct 2019
https://www.thestar.com.my/business/business-news/2019/10/10/mega-project-boost-for-budget

Posted by sell > 2019-10-15 07:42 | Report Abuse

No wonder Keyman188 no $. EPF selling non-stop he cannot read?

Posted by sell > 2019-10-15 07:42 | Report Abuse

14-Oct-2019 Insider EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD") (a substantial shareholder) disposed 500,000 shares on 09-Oct-2019.
11-Oct-2019 Insider EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD") (a substantial shareholder) disposed 532,700 shares on 08-Oct-2019.
10-Oct-2019 Insider EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD") (a substantial shareholder) disposed 70,300 shares on 07-Oct-2019.

Posted by tkl88 > 2019-10-31 10:26 | Report Abuse

Fed Cuts Rates a Quarter Point, Powell Says Policy in Good Place
https://www.bloomberg.com/news/articles/2019-10-30/fed-cuts-rates-by-quarter-point-while-hinting-at-a-policy-pause

Wow, US cuts interest rate again, like that Malaysia will follow soon !
Lower interest rate is good for stock market and all other sector to become bullish and prosperous !

Huat ah ! Heng ah ! Ong ah !

Posted by Jaya > 2019-11-06 23:29 | Report Abuse

Stkstudent
Time to buy brother

Posted by Jaya > 2019-11-06 23:37 | Report Abuse

Drop to 7.5 buy 150k shares

Posted by bjaya > 2019-11-11 12:36 | Report Abuse

Imminent Aramco IPO acts as a catalyst for Pchem to head for a long overdued surge ?

Posted by PotentialGhost > 2019-11-12 17:17 | Report Abuse

Actually pchem no any problem , don't know why public keep throwing?

Posted by pushparaj > 2019-11-12 17:34 | Report Abuse

Epf coming in and accumulating

Posted by Outliar > 2019-11-13 12:55 | Report Abuse

Erm.....?

Posted by Chokhmah > 2019-11-13 13:24 | Report Abuse

Quarter result out, it is not so good..

Posted by EatCoconutCanWin > 2019-11-13 13:24 | Report Abuse

oh shit... no wonder government no more money

Posted by DickyMe > 2019-11-13 13:31 |

Post removed.Why?

Posted by Chokhmah > 2019-11-13 13:33 | Report Abuse

It won't be delisted just because the profit has declined half compared to corresponding quarter. However, judging from the challenging environment of petrochemicals, most probably it is overpriced for now.

Posted by tm9999 > 2019-11-13 13:56 | Report Abuse

Mean share price need drop by half...to make it balance

Posted by MCA_ > 2019-11-13 14:37 | Report Abuse

Profit down 56% PH good job?

Posted by flexibt > 2019-11-13 14:38 | Report Abuse

MYR depreciated Najib good job?

Posted by MCA_ > 2019-11-13 14:39 | Report Abuse

EPF must buy ctr? Hidup MCA, hidup Barisan.

Posted by enigmatic ¯\_(ツ)_/¯ > 2019-11-13 14:39 | Report Abuse

Not too bad.

Profit substantially down, but net cash generated is rather okay.

With big boys EPF & ASB gobbling, price won't drop too much, I presume.

Posted by Chokhmah > 2019-11-13 14:42 | Report Abuse

yes, big boys are trying to hold the price.

Posted by MCA_ > 2019-11-13 14:47 | Report Abuse

Bursa so many ctrs why support 1 only?

Posted by enigmatic ¯\_(ツ)_/¯ > Nov 13, 2019 2:39 PM | Report Abuse
Not too bad.
Profit substantially down, but net cash generated is rather okay.
With big boys EPF & ASB gobbling, price won't drop too much, I presume.

Posted by MCA_ > 2019-11-13 14:49 | Report Abuse

<RM 7 fair or I support MCA.

Posted by PotentialGhost > 2019-11-13 14:49 | Report Abuse

Calmdown

Posted by Chokhmah > 2019-11-13 14:51 | Report Abuse

Chill only, big boys no one to dump to, so the price won't go down too much. Cheers!

Posted by MCA_ > 2019-11-13 14:51 | Report Abuse

PH said reduce cost of living semua tipu.