Posted by mamatede > 2021-12-23 13:08 | Report Abuse

Lately HLIB talked about downward pressure starting from 1H22. The article not even talk about contributions from pengerang.


https://www.klsescreener.com/v2/news/view/928123

Posted by enning22 > 2021-12-26 12:54 | Report Abuse

one important point the article missed out, is the current oil supply of oil in the world market, certain percentage came from the strategic reserve of various countries , like US, china , and India.
In time will stop, and start to rebuild the strategic reserve. the so call oil glut is artificial and exists for short term only.

Posted by mamatede > 2021-12-27 11:34 | Report Abuse

Theres a problem if governments announced their release for strategic reserves, it not going to be strategic anymore.

Posted by ari > 2021-12-27 15:37 | Report Abuse

good invest

Posted by Trade in Peace > 2021-12-28 21:32 | Report Abuse

多头趋势，手上有的前高是压力，守住10日均线跌破减码，空手先不追高 拉回月均线布局
https://www.youtube.com/watch?v=U4DhRvkntOo

Posted by mamatede > 2022-01-10 09:43 | Report Abuse

Prefchem is freezing hiring for new headcount. And many people leave due to decreasing benefits... Also, the last explosion plant still no good progress... Aramco is mad..

Posted by VenFx > 2022-01-12 23:45 | Report Abuse

Boring stock
But considered as Steady Ponbibi counter
$10/- breakthrough a matter of time

Posted by mamatede > 2022-01-13 11:23 | Report Abuse

With inflation like this, Pchem is in the right mode...

Posted by Mabel > 2022-01-19 07:48 | Report Abuse

Meow Meow Meow

Ang Pow is cumming to all Battleships and Supertankers..

Fossil Fuel price continue to spike up like mad !
Brent closed at=> $88.52 +$2.04 +2.36%

Posted by Mabel > 2022-01-19 10:23 | Report Abuse

Almost all Mabel Battleships and Supertankers are cruising full speed this morning...

So nice...all limau manis manyak selap wohhhhhhh...

To Our Success !

Captain Mabel Sparrow

Posted by Fabien _the efficient capital allocator > 2022-01-19 20:22 | Report Abuse

Petronas Chemicals Group Bhd (PetChem) plans to build a 60,000 tonnes per annum melamine plant in Gurun, Kedah, which will make it the sole melamine producer in Southeast Asia.

In a statement, PetChem said the plant is targeted to come onstream in 2024 but did not indicate how much it is investing in the plant.

It said the project is in line with its journey to expand into derivatives by adding value to the molecules from its existing products such as urea, methanol, polyolefins and more. It plans to use urea produced from its wholly-owned Petronas Chemicals Fertiliser Kedah (PCFK) unit as feedstock to produce the melamine.

“This is a significant milestone for PCG (PetChem) and further strengthens our strategy of diversifying our product portfolio.

Posted by mamatede > 2022-01-30 16:17 | Report Abuse

https://www.youtube.com/watch?v=mdlN3wXoGkQ&ab_channel=CNBC

Though Pchem is very profitable at the moment, lets go more ESG investing..hahqha

Posted by Fabien _the efficient capital allocator > 2022-01-30 18:08 | Report Abuse

Plastic capitalism

Posted by uncensored > 2022-01-30 19:32 | Report Abuse

qqq3333 see again you are talking nonsense. Forget to take your medicine. My goodness plastic Capitalism.

Hahaha hahaha hahaha

Posted by enning22 > 2022-02-03 15:02 | Report Abuse

capitalism origines from trade, without trading ,human society cannot exist. This is law of nature.
Please don't go against the law of nature. Off and on , still we witness fools, and madmen , go against the laws of nature.

Posted by Fabien _the efficient capital allocator > 2022-02-03 20:28 | Report Abuse

Anticipating the potential impact in the event of a Ukraine conflict:

1) Oil prices could shoot up to above US$100/bbl barrel even to as high as US$125
2) Key commodities will be hit. One of those is fertilizers. Globally, 23% of ammonia, 17% of potash, 14% of urea and 10% of phosphates are shipped from Russia
3) Flight to safety. Expect risk assets to be sold off and funds inflow to drive up bond prices

Posted by enning22 > 2022-02-04 11:50 | Report Abuse

Ukraine conflict:,is a psychologic war game , playing with fear factor, and forcing countries to purchase and stock up oil at high price. Russia is one pf large oil producing country, benefitted from such event.

Posted by Johnzhang > 2022-02-09 14:31 | Report Abuse

SINGAPORE : PetroChina has started a 33.9 billion yuan ($5.33 billion) programme to expand the petrochemical capacity at a subsidiary plant in northeast China and cut refined fuel production, according to a company post and state media report.

The state oil and gas major's move is in line with a trend within the Chinese industry to reduce fossil fuel output as demand is set to peak, while raising production of higher-value petrochemicals that are imported by the Asian country.
Under the revamp, PetroChina's Jilin Petrochemical Corp plans to add 21 more facilities - including a 1.2-million-tonnes-per-year (tpy) ethylene unit - and mothball seven units, parent company CNPC said on Wednesday, without providing further details.

The new facilities will also include a 600,000-tpy unit to manufacture acrylonitrile butadiene styrene (ABS), an impact-resistant plastic, local state newspaper Jilin Daily reported, without citing details on project completion.

After the revamp, the Jilin province-based subsidiary will produce 2.63 million tonnes less of refined fuel a year but 2.8 million tonnes more petrochemical

Posted by Johnzhang > 2022-02-09 14:32 | Report Abuse

Above development is bad for Pchem. Good for Heng yuan and petronM

Posted by Philip ( buy what you understand) > 2022-02-11 14:19 | Report Abuse

Why would it be bad? Pchem is servicing south east Asia with 12,800,000. While jilin total production is 6,780,000 TPA capacity. One is in North East China servicing China customers, the other is in South East Asia, serving the fastest growing populations in the world in Indonesia, Vietnam, Cambodia.

And more importantly, pchem profits is 50% from urea fertilizer serving the palm oil plantations... What did that have to do with Jilin?

Posted by enning22 > 2022-02-15 20:27 | Report Abuse

just buy and hold ,target price 20 ringgit,

Posted by Philip ( buy what you understand) > 2022-02-24 15:30 | Report Abuse

All time high all time high, all time high.

Posted by investor2021trading > 2022-02-24 20:45 | Report Abuse

with CPO price above RM6000 per ton, d oil palm plantations will apply more Urea to increase ffb production! PetChem profits is 50% from urea fertilizer serving the palm oil plantations.

It now plans to use Urea produced from its wholly-owned Petronas Chemicals Fertiliser Kedah (PCFK) unit as feedstock to produce the melamine.

“This is a significant milestone for PCG (PetChem) and further strengthens its strategy of diversifying their product portfolio.

Posted by koey > 2022-02-24 23:48 | Report Abuse

waiting break 10 mark

Posted by guppycrow > 2022-03-01 11:00 | Report Abuse

Australian API discount on tapis crude benchmark index proxy vs apex sgx. Long term buy call.

Posted by James Ng > 2022-03-01 22:16 | Report Abuse

https://klse.i3investor.com/blogs/general/2022-03-01-story-h1599380605.jsp
[??] [Video:??PETRONAS CHEMICALS GROUP BHD, PCHEM, 5183] - James?????James Share Investing

Posted by wallstreetrookie > 2022-03-03 11:39 | Report Abuse

A lot of people including myself missed out on Pchem. Wtf

Posted by investor2021trading > 2022-03-03 11:45 | Report Abuse

too late to buy! sold at a profit! now in boom raya!

Posted by meistsk3134 > 2022-03-03 13:24 | Report Abuse

i buy petdag.. why omg

Posted by Philip ( buy what you understand) > 2022-03-05 08:53 | Report Abuse

What do you mean red colour? My pchem is up so much this year from 8 to 10.... And I still enjoy 46 cents dividends. And more to come as increase production capacity.

When you look at businesses to invest in during covid, you try your best to find business that need minimum manpower, and are commodity based industries as that will show the most price power during this period. Steel, aluminium, oil etc those are the building blocks for the downstream industries. Why pchem is so stable because the production is automated a lot

Posted by CUTLOST > 2022-03-10 21:07 | Report Abuse

Hipe will reach Rm15 soon

Posted by soon2795 > 2022-03-11 09:43 | Report Abuse

What is EPF doing? same day buy same day sold.

Posted by soon2795 > 2022-03-15 09:18 | Report Abuse

Oil Slumps With OPEC+ and Ukraine Headlines Sparking Huge Swings

https://www.bloomberg.com/news/articles/2022-03-08/oil-pushes-higher-after-u-s-escalates-russia-sanctions-with-ban

For those who wants to enter maybe hold your fund for a while first and look at the news.

Posted by Legend > 2022-03-15 22:13 | Report Abuse

Habis

Posted by awesome20 > 2022-03-16 20:16 | Report Abuse

time to grab cheaper token

Posted by LouiseS > 2022-03-23 07:33 | Report Abuse

PETRONAS CHEMICALS:东南亚最大的一家化工厂之一，值得投资吗？
PETRONAS CHEMICALS GROUP BERHAD 2021 年度财报分析
https://youtu.be/dQb4ccgp_v8

Posted by wallstreetrookie > 2022-03-24 12:15 | Report Abuse

Pchem: Large orders coming out from JPM

Posted by bang_miskin > 2022-03-24 12:54 | Report Abuse

Pchem fundamentally solid counter. Bought from RM8 in early 2021 and now slowly but surely climb to around RM10 once factoring dividend. Price doesn't go up very fast like tech, but if you buy and hold for long term, can sleep well at night.

Posted by zaleha > 2022-03-29 11:50 | Report Abuse

can pass 10 mark ?

Posted by enning22 > 2022-04-02 12:35 | Report Abuse

Large order is from EPF.

Posted by investor2021trading > 2022-04-05 10:02 | Report Abuse

world shortages of fertilizers will augurs well for PetChem!
Other Development:
RECODA briefed by Sarawak Petchem on upcoming methanol production facility
We received a briefing today from Sarawak Petchem Sdn Bhd on the construction progress of a 120-acre mega methanol production facility next to the Sarawak Petrochemical Hub in Tanjung Kidurong, Bintulu, which serves as an ideal hub for energy-related development due to its access to feedstock, being the landing point of offshore gas fields and its close proximity to existing gas pipelines.

Posted by wallstreetrookie > 2022-04-06 16:44 | Report Abuse

Pchem will hit RM12.00 by July 2022

Posted by wallstreetrookie > 2022-04-06 16:49 | Report Abuse

Why are you all so obsessed with EPF?

Posted by wallstreetrookie > 2022-04-06 16:51 | Report Abuse

Orders from JPM were from foreign institutional clients.

Posted by suhaimi > 2022-04-07 16:38 | Report Abuse

break 10 mark follow join petdag petgas be brother

Posted by bang_miskin > 2022-04-13 09:45 | Report Abuse

Wow, crazy jump!

Posted by DickyMe > 2022-04-16 15:15 |

Post removed.Why?

Posted by New_Investor92 > 2022-04-16 18:17 | Report Abuse

Feeling FOMO now, i was though this stock is overvalue because 2 warrants are going to expire soon i wonder there would be a pull back because the bank has to pay for the intrinsic value upon expiry. Even in glove warrant never once the bank paid after the expiry unless i miss out any. Should have purchased it earlier it seems.

Let see if it really hit RM 11.

Posted by bang_miskin > 2022-04-16 18:56 | Report Abuse

@New_Investor92 still not to late to buy a little bit. If it trends up, untung some, if it trends down, cut loss. Been holding Pchem for the past year, and partly covers losses in tech and gloves. Pretty good I'd say :)

Posted by stockraider > 2022-04-17 14:21 | Report Abuse

Buy lctitan much better loh!