Posted by Zuliana > 2020-03-09 21:28 | Report Abuse

Target rm2 la. This is the worst Petronas stock.

Posted by i3lurker > 2020-03-09 21:29 | Report Abuse

with estimated div yields at 2% on TP = RM4.00

its not worth buying at all,
this type of shares Big Funds will buy

but at these metrics,
its a total turn off,
no wonder big funds sold off today.

Posted by signalmw > 2020-03-09 21:32 | Report Abuse

Dividend 18 sen o ly no high

Posted by KAQ4468 > 2020-03-09 21:35 | Report Abuse

don't worry

we can buy later below 2 ringgit

Bursa kasi terjun longkang to 1000 / 900 points ...below 1.5 also can get

Posted by Philip ( 2.3% fatality rate, 80% recovery rate age 10-40) > 2020-03-10 00:35 | Report Abuse

Saprnrg deals are structured very differently to say a yinson. Their payments are based on the selling price per barrel of oil shares with owner. So it's a huge risk, every barrel they produce now loses money. If price is good they make tons, but at these prices they might as well stop operations and make more money that way.

Yinson on the other hand is relatively stable due to 25 year delivery contracts where they are paid a firm fix day rate to deliver, and not based on oil price.

>>>>>>>>

Posted by Choivo Capital > Mar 9, 2020 3:17 PM | Report Abuse

For Phillip, sell all to go in might make sense.

For me, honestly, for some reason SAPRNG looks very interesting now. Market cap less than 20% of the enterprise value. Banks are funding your bet (because this is nothing but a speculative punt). Would PNB allow SAPNRG to go down right after putting 8bil into the company?

====
Outliar I honestly think it would be a +ev move to sell all your stocks and go all in on PCHEM, not going to do it though obviously but still.
09/03/2020 12:32 PM

Posted by Philip ( 2.3% fatality rate, 80% recovery rate age 10-40) > 2020-03-10 00:44 | Report Abuse

Agreed. Thank God I didn't also buy the following stocks:

Some idiot bought at 2.85 and he don't know why it drop.
https://klse.i3investor.com/blogs/icon8888/2019-11-13-story-h1480185633-_Icon_Alliance_Bank_One_Off_Provision_Affected_Previous_Quarter_Earning.jsp

Another idiot bought this at 4.15.

https://klse.i3investor.com/blogs/icon8888/2019-01-30-story-h1457006496-_Icon_LC_Titan_Price_Collapse_Shaken_Shareholders_and_Contrarians_Scram.jsp

This idiot bought at RM 1 expecting led lights all over Malaysia to be replaced by success. Pure speculation.

https://klse.i3investor.com/blogs/icon8888/2019-02-01-story192265-_Icon_Success_Transformer_Meets_My_Buy_Criteria.jsp

Oh sorry, I think that idiot bought this.

https://klse.i3investor.com/blogs/icon8888/2019-06-17-story211175-_Icon_IQ_Group_Is_it_About_To_Turn_Around.jsp

Guess what, other than my long term bet on PCHEM,gkent and Serba which I bought recently, my long term holdings into QL and yinson and topglov holding steady. Why? How come?

What are your results like these past few days? Did you sell any sticks out know this was going to happen?

Most likely not.

You don't even know why share price drop today.


>>>>>>>>>>

Posted by Icon8888 > Mar 9, 2020 5:36 PM | Report Abuse

one key take away from this case is that you should never buy into something you don't understand and assume you know all

Posted by Philip ( 2.3% fatality rate, 80% recovery rate age 10-40) > 2020-03-10 01:21 | Report Abuse

I also own QL and topglove Woh. They never move during this period. How come you don't go there talk 3 talk 4? My overall portfolio including stoneco is still up from 2019.

How about your record? Your 30% sailang into sape now gone to dust leh...

Your insas versus QL bet going far far distance Liao.. ql catch up after 2 year now lapping one round around your pitiful INSAS. So how leh?

>>>>>>>

stockraider but philip talk like an expert & look like very knowledgeable woh....!!

Posted by Choivo Capital > 2020-03-10 01:21 | Report Abuse

I would agree.

Sapura can be summarized as,

"We perform all the loss making portions of the OnG industry".

======
Posted by Philip ( 2.3% fatality rate, 80% recovery rate age 10-40) > Mar 10, 2020 12:35 AM | Report Abuse

Saprnrg deals are structured very differently to say a yinson. Their payments are based on the selling price per barrel of oil shares with owner. So it's a huge risk, every barrel they produce now loses money. If price is good they make tons, but at these prices they might as well stop operations and make more money that way.

Yinson on the other hand is relatively stable due to 25 year delivery contracts where they are paid a firm fix day rate to deliver, and not based on oil price.

Posted by mf > 2020-03-10 05:29 |

Post removed.Why?

Posted by stingray_ea > 2020-03-10 05:29 | Report Abuse

stingray_ea issued warning near 3 weeks ahead.

who dare to predict like stingray_ea do?
FOC klci money from stingray_ea.....

epf, citibug, sharks are super nooooooooooooooooooooooooob and using cheap tactic to trap buyer.

=======================================

Stock: [MYEG]: MY E.G.SERVICES BHD
Feb 24, 2020 1:29 PM | Report Abuse


Possible klci drop -200 ???

========================================

Posted by freddiehero > 2020-03-10 05:58 | Report Abuse

super cheap ka? not yet la.. just start mario game nia.

Posted by Sslee > 2020-03-10 07:00 | Report Abuse

Haha
Choivo. Yinson will be hit too. Imagine if client cannot make money can they pay you the rental. Shopping mall already start reduce rental what is so special about Yinson?

Posted by i3lurker > 2020-03-10 07:31 | Report Abuse

Yinson principal is losing more than USD20.00 per barrel

better to stop work than to lose money

Posted by KAQ4468 > 2020-03-10 07:35 | Report Abuse

-2000



Hoorreeyyyyyyyyyy !!!!!

Posted by Titan > 2020-03-10 07:48 | Report Abuse

will today down another 10%? Will it break rm4 today........Dow plunge ...S&P plunge 7%........

Posted by stockraider > 2020-03-10 08:36 | Report Abuse

Remember Yinson is not a wonderful company loh...most of their client production cost above USD 40...u think they don play tricks on yinson in order to survive loh ??

Some more Alot of Yinson project are at preliminary pre production stage with no income (meaning yinson spend on huge capex but customer just relax loh!} thus it is no brainer to just cut or defer on these contracts mah....!!

As yinson is overvalue...u know what is going to happen on its share price going forward loh...!!

Run b4 EPF stop buying mah....!!

Posted by KAQ4468 > 2020-03-10 09:13 | Report Abuse

peewwwiitttttt

Posted by James Ng > 2020-03-10 09:44 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-03-10-story-h1484778257.jsp
[转贴] [PETRONAS CHEMICALS GROUP BHD：维护活动量增加，产量较低，市场需求疲软，原油价格下跌，产品价格较上一季度下降] - James的股票投资James Share Investing

Posted by calvintaneng > 2020-03-10 10:36 | Report Abuse

Pchem Tak bolih lah

May 2020 will be horrible

If buy also be prepared to cutloss later as expected to go below Rm4.00

Going below Rm4.00 is a given

Not if but when only

Posted by calvintaneng > 2020-03-10 10:36 | Report Abuse

May 2020 result for petchem might register a loss

Posted by KAQ4468 > 2020-03-10 10:42 | Report Abuse

oiiiiii


Pchem boleh la .... mesti beleh ... Malaysia boleh

boleh buy below RM2


hihihihihihi

Posted by Titan > 2020-03-10 10:53 | Report Abuse

wah....many ppl like to see this go below 4........u all no good d.....
Today rebound....u all no see meh? Not sure if this pchem standing on a spring board.....mayb now jumping on a spring up and it does go higher but eventually will dip into the pool? is the water cold??/ b prepare......

Posted by i3lurker > 2020-03-10 11:12 | Report Abuse

funds will gladly sell to you higher

so now back to square one, yesterdays' closing price

need more buying

Posted by KAQ4468 > 2020-03-10 11:22 | Report Abuse

Today rebound....u all no see meh?



aiyaaaaa ... I only see below 2 ringgit

wakakakakakak


ammmaaa aaapaaaaa

Posted by i3lurker > 2020-03-10 11:41 | Report Abuse

buy now to support the noon forced selling

Posted by Sslee > 2020-03-10 12:09 | Report Abuse

Haha i3lurker,
You are everywhere giving your comment. Wonder you hold or buy any shares?

Posted by i3lurker > 2020-03-10 12:44 | Report Abuse

I just post for fun purposes

Posted by bullstudent > 2020-03-10 12:51 | Report Abuse

Queued at below 4, pls come

Posted by BearishTrend > 2020-03-10 14:05 | Report Abuse

PCHEM..should change name to Pincang..

Posted by KAQ4468 > 2020-03-10 15:04 | Report Abuse

don't worry

below 2 sure come

Posted by Kawelegen > 2020-03-10 15:20 | Report Abuse

Congrat to those bought this counter today. I will watch only hehe

Posted by RainT > 2020-03-10 15:59 | Report Abuse

Drop until mother also cannot recognise

Posted by KAQ4468 > 2020-03-10 16:00 | Report Abuse

until mother crying ammaaaaa apppaaaaaa

Posted by Choivo Capital > 2020-03-10 17:10 | Report Abuse

bought a little bit today at 4.5

Posted by Choivo Capital > 2020-03-10 17:10 | Report Abuse

Unless everything drops another 20%, i think im staying on the sidelines d.

Posted by KAQ4468 > 2020-03-10 23:24 | Report Abuse

Jump from klcc with crying ammaaa aapaaaa tears

Posted by KAQ4468 > 2020-03-10 23:25 | Report Abuse

Dow Jones failed to rebound after historical single day biggest dropped

Posted by KAQ4468 > 2020-03-10 23:27 | Report Abuse

3 ringgit coming


2 ringgit coming


Neeeeee no oooooo Neeeeee nooooooo

Posted by mcmann > 2020-03-11 09:26 | Report Abuse

apa jadi to pchem was one gen b4 haiz

Posted by Kawelegen > 2020-03-11 11:58 | Report Abuse

Rebound rugi didn't buy yesterday

Posted by KAQ4468 > 2020-03-11 14:11 | Report Abuse

nothing to rugi la


3 ringgit coming

Posted by KAQ4468 > 2020-03-11 14:11 | Report Abuse

kikikiki

Posted by KAQ4468 > 2020-03-11 16:23 | Report Abuse

waaaaa


kaw kaw champion wooo ini hari

Posted by i3lurker > 2020-03-11 21:05 | Report Abuse

nothing to rugi

been playing for decades
never be jealous of other people

company financials do not look good
revenue dropping
profit dropping
costs increasing
dividend decreasing

the old "silly" saying => share price says all.

this company is meant to provide employment for certain folks, it's not meant for you to invest.

Posted by i3lurker > 2020-03-11 21:12 | Report Abuse

its not covid
even without covid, its already suffering

repeat, it's only to provide employment.

Posted by KAQ4468 > 2020-03-12 11:35 | Report Abuse

make it below 3 ringgit la

2 ringgit better



Bursa @ 1000 points please

Posted by mobidick > 2020-03-12 16:35 | Report Abuse

Saudi/Russia/Opec primary goal is to bleed out US Shale Co. In a research article, us shale price can be profitable provided the cost to pump/process is below a certain threshold to achieve break even. There is no way saudi can keep them out of the oil business unless they willing to keep oil under 40$/barrel for years, its just not possible because saudi entire country budget relies on oil. That will crush their economy. Its a losing war. So what the hell is saudi trying to achieve, who knows.

For pchem, watch for pengerang plant, downtime plan at the other site and supply capacity. At this current price, its lowest in years, i have to say my finger really really want to click buy but my heart says no.

Posted by mamatede > 2020-03-12 16:53 | Report Abuse

please drop more, i gonna collect more. When people fear, buy..

Posted by Titan > 2020-03-12 16:54 | Report Abuse

What saudi try to archieve? Kill their competitor loh. Just like those day gloves company in malaysia have 20+ gloves company. 1 by 1 either kena eat up or tapow and now left the big 4. I guess same approach saudi i taking. Fittest survive while weakling is doom. but shale oil cannot die so easily. I think saudi has attempt many times and shale still exist today.

Posted by Titan > 2020-03-12 16:59 | Report Abuse

no bad ah.....DJ down 5% but this Pchem steady.....cannot break rm 4 also.....beh pai....