Posted by monetary > 2019-11-24 08:53 | Report Abuse

good info. noted with thanks. hope 7 won't pecah too soon. coz my $ is invested somewhere else.

Posted by Aristocats > 2019-11-25 21:35 | Report Abuse

Just now, Pchem went down.
Patut lah, so quiet here.
No worry lah.

Posted by Chokhmah > 2019-11-25 21:36 | Report Abuse

waiting below 6.8

Posted by Aristocats > 2019-11-25 22:18 | Report Abuse

This one makes me loss money.
But I bertahan saja.

Now I know,
National aset oso can be down like shits.

Posted by Aristocats > 2019-11-26 15:32 | Report Abuse

Salted fish here.

Posted by Aristocats > 2019-11-26 22:16 | Report Abuse

National aset bungee jumping???

Posted by JBond007 > 2019-11-26 22:22 | Report Abuse

Fishing time..........below 7, below 7.

Posted by JBond007 > 2019-11-28 00:39 | Report Abuse

Fishing rod waiting for you at 6.99. Almost catch you in the morning.

Posted by RainT > 2019-11-28 16:09 | Report Abuse

with now PH government all also become shit & shitty

Posted by RainT > 2019-11-28 16:10 | Report Abuse

this PCHEM now really testing who have the holding power lo

Posted by James Ng > 2019-11-30 19:00 | Report Abuse

https://klse.i3investor.com/blogs/general/242187.jsp
[转贴] [Facebook live video:浅谈Petronas Chemicals group bhd (PChem)] - James的股票投资James Share Investing

Posted by mamatede > 2019-12-02 11:25 | Report Abuse

Ok EPF is buying now..

Posted by RainT > 2019-12-03 09:44 | Report Abuse

epf buy also fail to support PCHEM price

when PCHEM share price will bottom ?

Posted by popo92 > 2019-12-03 10:15 | Report Abuse

Adding more below 6.9

Posted by Aristocats > 2019-12-03 17:20 | Report Abuse

How?
National aset is behaving like £%&#@
Sad.
What world class?
More like kampung class.
Make me loss RM.
Sad.

Posted by Aristocats > 2019-12-03 22:58 | Report Abuse

OMG,
Dow Jones dropped 400 points now.
Bye bye Bursa tomorrow.
Sad

I lagi Sad here.
Stuck here.
Pchem pls have mercy on me...

Posted by BN_better > 2019-12-05 12:46 | Report Abuse

Operators won't let retailers buy cheap? Why RM 6 no hope? Wrong govn?

Posted by KKH > 2019-12-05 16:40 | Report Abuse

Global polyethylene markets will enter 2020 facing oversupply and pressured prices, with demand expected to lag behind throughout the year.

Asia, Europe and Turkey see similar challenges with abundant resin supply amid economic slowdowns and continued uncertainty stemming from the US-China trade TENSION.

Thirteen new PE plants in the first wave of startups from 2017-2019 will increase North American PE capacity by 35% to more than 27 million mt/year. The 15 plants slated to start up through the 2020s will push that overall capacity up by another 26% to 34.35 million mt/year.

Prices are showing oversupply pressure. By early November 2019, HDPE blowmolding prices had fallen 43% to $782/mt FAS Houston since mid-March 2018. In the same span, LLDPE fell 41% to $772/mt FAS, and LDPE fell 37% to $871/mt FAS.

At least one of the new plants slated to start up by year-end 2019 will ramp up in early 2020, that being LyondellBasell's new 550,000 HDPE plant alongside the Houston Ship Channel. The plant had been slated for startup in mid-2019. However, market participants expect price pressure from oversupply to linger into 2020.

"We don't see prices rising in Q1 2020," a PE trader said. Globally, there's already so much supply."

Posted by KKH > 2019-12-05 16:40 | Report Abuse

A weak 2020 awaits both sellers and buyers as they grapple with anticipated reduced consumer demand.

In the same vein as Europe, supply is expected to remain abundant in the Turkish market amid incoming US volumes with structurally low demand.
05/12/2019 4:38 PM

Posted by RainT > 2019-12-06 12:49 | Report Abuse

hold on

have faith in PCHEM

it will rebound, just dont know when, 1 month, 1 year, 10 year....u guess

Posted by sich > 2019-12-07 14:47 | Report Abuse

https://www.thestar.com.my/business/business-news/2019/12/07/petchem-ready-to-get-back-into-the-game

Posted by calvintaneng > 2019-12-07 18:42 |

Post removed.Why?

Posted by calvintaneng > 2019-12-07 20:51 |

Post removed.Why?

Posted by Aristocats > 2019-12-09 17:08 | Report Abuse

Merry Christmas Sifu Calvin.

Posted by calvintaneng > 2019-12-09 17:10 | Report Abuse

Posted by Aristocats > Dec 9, 2019 5:08 PM | Report Abuse

Merry Christmas Sifu Calvin.

BLESSED & MERRY CHRISTMAS TO ARISTOCRATS

Have you sold & switched to Netx?

Posted by calvintaneng > 2019-12-09 23:14 | Report Abuse

Posted by (HK1997 again) Philip > Sep 5, 2019 12:06 AM | Report Abuse

Pchem collapsing? Don't make me laugh. 50 billion dollar company with 4.3 billion in revenue and 1.1 billion in profit AFTER TAX and a horde of cash behind it.

I am just enjoying collecting my 11 +18 cents dividend since February when I started buying at 8.15 collecting my 11 +18 cents dividend

SO?

COST OF PURCHASE Rm8.15

Less 29 sen dividend = Rm7.86

Price now Rm6.83

SO REAL LOST OF Rm1.03 PER SHARE

IS THIS PHILIP IN HIS RIGHT MIND?

YOU BETTER DON'T LEAD SORCHAI TO HOLLAND HOR!
05/09/2019 12:14 AM

Posted by calvintaneng > 2019-12-09 23:15 | Report Abuse

Both Philip and 3iii have changed ID


Why people changed names?

They are ashamed of their original names and ID

Last time during Asian Financial crisis Mr Neoh changed name to Peter and Mr HO changed name to Andy

Why so?

Both hiding from loan sharks

3iii hiding from dlady people while Philip hiding from petchem people

NO wonder both changed their names and disturb other forums like Netx?

Why they both dare not go post in dlady or petchem?

See reason:

Convicted criminals change names to cover up past

https://globalnews.ca/news/2558782/convicted-criminals-change-names-to...

Posted by Outliar > 2019-12-10 10:07 | Report Abuse

On the group’s prospects, Sazali says the performance for 2020 will be about the same was 2019. If luck is on their side, it will be better.
Read more at https://www.thestar.com.my/business/business-news/2019/12/07/petchem-ready-to-get-back-into-the-game#Ifz1ddgiKR40yM12.99

Posted by RainT > 2019-12-10 14:58 | Report Abuse

calvin teng

can u please go away

dont pollute this PCHEM forum with rubbish

Posted by AlgoQuant > 2019-12-10 15:04 | Report Abuse

Perhaps the growth investors in this forum would like to look at a takaful insurance co that is experiencing an inflection point and a structural shift to islamic insurance..

Net profit grew by CAGR 25% over the last 10 years from 38mil (2009) to 380m (T4Q), increasing even through the global financial crisis and recession, with a still low takaful penetration of 16% (overall insurance penetration rate of only 50% with takaful growing much faster than conventional) that is currently trading at a PE 12.7x / P/BV 3.6x (historical P/BV 6.x)

(AlgoQuant) A Takaful Titan & Analysis of Listed Insurance Companies (TAKAFUL)

https://klse.i3investor.com/blogs/AlgoQuant/243164.jsp

Posted by calvintaneng > 2019-12-13 00:14 | Report Abuse

From Padini (reposting)

ALREADY WARNED YOU GUYS THAT THE FIRST CASUALTY OF THE GREAT DEPRESSION (1929 -1939) WAS MEN'S CLOTHES

AFTER PH GOVT CAME INTO POWER MANY BUSINESSES HAVE DROPPED BY 20% TO 30% (EXACERBATED BY USA CHINA TRADE WAR)

PADINI ALSO FACE HIGH COST OF MORE EXPENSIVE POLYMER (FOR MAKING CLOTHES) AS BRENT CRUDE HAS SURGED TO USD65 PER BARREL

AND RINGGIT ALSO CRASHED AGAINST USD COMPOUNDED THE HIGHER COST

PADINI GOING TO BREAK RM3.00

DLADY WILL BREAK RM50 SUPPORT

PET CHEMICAL WILL BREAK THE RM7 SUPPORT

ALL FALL DOWN!

THEN WHAT TO BUY?

OGSE BULL RUN AT TAIL END

DAYANG, PENERGY, CARIMIN & OTHERS UP TOO HIGH TO CHASE NOW

CAN STILL BUY THESE LAGGARDS OGSE T7 GLOBAL, DESTINI, SCOMIES & AZRB

OR BUY THESE ONES WITH POWERFUL KEYNESIAN GOVT SPENDING FOR NFCP INFRAR

OPCOM

REDTONE

NETX

CMSB

BINACOM

FINAL DECISION IS YOURS

REGARDS

CALVIN

CALVIN BOUGHT PADINI TWICE

LAST WAS RM1.60 & SOLD ALREADY

Posted by Philip Greta > 2019-12-16 17:20 | Report Abuse

I bought tons at 6.60 and averaged down, now price of pchem is RM6.83,

I didnt sell a single share, did you?

So if didnt sell a single share the share price now go up to RM7.24, your point is?

>>>>>
calvintaneng Posted by (HK1997 again) Philip > Sep 5, 2019 12:06 AM | Report Abuse

Pchem collapsing? Don't make me laugh. 50 billion dollar company with 4.3 billion in revenue and 1.1 billion in profit AFTER TAX and a horde of cash behind it.

I am just enjoying collecting my 11 +18 cents dividend since February when I started buying at 8.15 collecting my 11 +18 cents dividend

SO?

COST OF PURCHASE Rm8.15

Less 29 sen dividend = Rm7.86

Price now Rm6.83

SO REAL LOST OF Rm1.03 PER SHARE

IS THIS PHILIP IN HIS RIGHT MIND?

YOU BETTER DON'T LEAD SORCHAI TO HOLLAND HOR!
05/09/2019 12:14 AM
09/12/2019 11:14 PM

Posted by PotentialGhost > 2019-12-20 09:49 | Report Abuse

Philip how can you bought at 6.60? Price never reach 6.60 , 3year bottom is 6.75.

Posted by RainT > 2019-12-20 15:15 | Report Abuse

MAYBE he bought before past 3 years

Posted by Outliar > 2019-12-20 16:52 | Report Abuse

The year end window dressing has begun

Posted by kingb > 2019-12-20 16:53 | Report Abuse

The flying dragon.

Posted by Philip Greta > 2019-12-20 17:24 | Report Abuse

It actually trade at 6.53 at the lowest end, please check the daily data from your IB. Not from i3 please.

Posted by Philip Greta > 2019-12-20 17:29 | Report Abuse

I think i3 records the average point or the highest point sold daily.

Posted by Philip Greta > 2019-12-20 17:31 | Report Abuse

You can check online portfolio at any point of time to see if I do window dressing. So far I think I'm one of the few ones who keep an active online portfolio that shows all my purchases.

Posted by Philip Greta > 2019-12-20 18:03 | Report Abuse

https://klse.i3investor.com/servlets/pfs/120720.jsp#tabs_group2

You can check all my total transactions for Pchem here.

Posted by monetary > 2019-12-20 19:55 | Report Abuse

window dressing ka? hopefully won't u turn after new year.

Posted by Philip Greta > 2019-12-21 07:51 | Report Abuse

Why U-turn? It s already on a multi year low before.

Next year IPIC completion, tenfold production. Oil prices can only go up as artificial shortage is orchestrated by OPEC.

As prices to up, selling costs for Pchem will increase, while they maintained their standard 25% net margins.

It's one of the few companies in Bursa where I can predict long term growth in revenues and earnings, while I enjoy big fat dividends that will keep increasing as time passes.

Posted by pushparaj > 2019-12-22 14:26 | Report Abuse

so it is rm 8 tomorrow

Posted by calvintaneng > 2019-12-31 00:23 | Report Abuse

THE BIGGEST LIARS & ACCUSERS IN I3 FORUM ARE PHILIP GRETA & 3III (PLEASE BE WARNED!!)
Author: calvintaneng | Publish date: Tue, 31 Dec 2019, 12:09 AM

https://klse.i3investor.com/servlets/forum/600253471.jsp

Posted by jjohnchew > 2019-12-31 09:27 | Report Abuse

Ho ho cal... vin.. u said on cruise ship to Thailand n Cambodia.. tv8 news that a cruise ship is collided near koh sumai.. U wrote u r near koh sumai.. when asked u..u said no collision.then said is at the Phuket one.. who lie...

Posted by YAPSS > 2020-01-02 01:38 | Report Abuse

YAPSS Quick Summary and Free 10 Years Financial Data of Petronas Chemicals Group Berhad:
https://www.yapss.com/forum/klse-forum/petronas-chemicals-group-berhad-pchem-5183

Posted by Choivo Capital > 2020-01-03 00:50 | Report Abuse

I thought RAPID Pengerang is supposed to start by Q4? Seems quiet, any news?

Posted by Joon Chan > 2020-01-03 01:22 | Report Abuse

I hear by hook or by cook, aramco will start sending in tankers in qtr1 - must be processed.

Posted by Philip Greta > 2020-01-04 19:03 | Report Abuse

Why be worried? When it happens it happens. If not q4 the 2020. The structure is already complete, Aramco has already started the charters to deliver oil to PIC.

When the revenue starts coming in, the discount year will be ongoing.

One thing it will never be is another lctitan. The production costs are too lucrative with such a large centralised production and refining center, the cash hoard too big for them to cut corners and be cheap, and the addressable market is too large to be ignored.

In investing patience is all that is needed.

Posted by calvintaneng > 2020-01-06 18:04 | Report Abuse

So stupid

Brent crude over Usd71 will cause feedstock to go up in prices. Us manufacturing is contracting as well as Spore in 8 months contractions.

Who will buy surplus pchemical products as sales down and costs up?

Padini also suffering as polymer prices spiked up. Better sell and buy Nfcp fiberisation stocks to recoup losses