Posted by pang72 > 2023-07-02 10:02 | Report Abuse

I watch till it stop falling

Posted by pang72 > 2023-07-02 10:05 | Report Abuse

Rm5 the last stop...

Posted by Mabel > 2023-07-05 12:21 | Report Abuse

Noted Pang..

Been in and out..

Current holding cost is RM 6.072...No Issues..
If drop to 5, Mabel will collect more..

Meow

Posted by tnang > 2023-07-05 16:41 | Report Abuse

pecah 6 again, next target? still monitor only

Posted by Diamond7 > 2023-07-05 17:21 | Report Abuse

https://www.klsescreener.com/v2/news/view/1172445

PChem coming quarter ?????

Posted by jay2004 > 2023-07-05 20:36 | Report Abuse

Next support level RM5.68

Posted by 8u29song > 2023-07-06 09:34 | Report Abuse

EPF keeps on acquiring....Mar till now.....

Posted by gundabhai > 2023-07-12 13:23 | Report Abuse

any idea why going up?

Posted by Junichiro > 2023-07-12 14:54 | Report Abuse

It is likely that oil prices uptrend due to OPEC cutting production is highly correlated to Petchem share price. I read it somewhere sometime ago. It is a speculative play.

Posted by Mabel > 2023-07-12 16:35 | Report Abuse

It's looking good...

Meow Meow Meow

Posted by hhhiii123 > 2023-07-12 21:29 | Report Abuse

see urea price, jump almost 20%, more to come lol

https://tradingeconomics.com/commodity/urea

Posted by Mabel > 2023-07-12 23:02 | Report Abuse

hihihi...

To Our Success !

Meow Meow Meow

Posted by Mabel > 2023-07-14 07:19 | Report Abuse

Haha I bet all these Sour Grapes IB are knocking their head to the walls now..hihihi

07/07/2023 5.96 6.20 +0.24 (4.03%) SELL KENANGA
30/05/2023 6.87 6.00 -0.87 (12.66%) SELL RHB-OSK
30/05/2023 6.87 6.20 -0.67 (9.75%) SELL KENANGA

Anyway, Mabel decided to lock profits when PCHEM breaches the 20 Moving Averages. Currently PCHEM is overbought by these Sour Grapes.

Now Mabel is waiting for the right signals to renter..

To Our Success !

Meow

Posted by Mabel > 2023-07-16 09:41 | Report Abuse

The consensus outlook for fiscal year 2023 has been updated.

2023 EPS estimate fell from RM0.548 to RM0.49 per share.
Revenue forecast steady at RM29.0b.
Net income forecast to shrink 17% next year vs 18% growth forecast for Chemicals industry in Malaysia .
Consensus price target down from RM7.02 to RM6.88.
Share price rose 6.1% to RM6.39 over the past week.

Posted by Diamond7 > 2023-07-16 15:28 | Report Abuse

Let's wait for the coming quarterly report!..
Any forcast?

Posted by success2628 > 2023-07-17 06:28 |

Post removed.Why?

Posted by ValueInvestor888 > 2023-07-17 10:36 | Report Abuse

i think can start betting pchem as urea is recovering and russia will be banned from suppling urea soon...

Posted by Mabel > 2023-07-17 14:41 | Report Abuse

As forecasted, PCHEM selling pressure has started. Death Cross has already happen on the 4 hour chart this morning. PCHEM has already dropped more than 2% from Friday’s closing.

Mabel has now received further confirmation. Death Cross also appears on the Daily Intraday Chart. Now it has already breaches the Support level RM 6.26. So Mabel has placed her order to reenter PCHEM. Next support level will be RM 6.20.

To Our Success!

Captain Mabel Meow

Posted by Mabel > 2023-07-17 17:52 | Report Abuse

Haha PCHEM is now secured and Mabel is back with an entry at RM 6.23 which is below the RM 6.26 Support Level. PCHEM closed at RM 6.24. Will continue with the accumulation..

Indeed VI888 in fact Urea is now up by 25% and is on recovering. Yes it is highly possible that Russia will be banned from Supplying Urea soon.

To Our Success !

Captain Mabel Meow

Posted by fortunefire > 2023-07-18 15:14 | Report Abuse

Parking here. See if can break 6 again

Posted by Mabel > 2023-07-19 09:46 | Report Abuse

success2628 Foreign funds will keep on buying Pchem from today onwards till it’s price hitting RM28.00

Till end of 2023 , hit RM13.00 (KLSE 1,500 points) and hit RM28.00 by end of 2024(KLSE 1,700 points) !

Heng Ah, Ong Ah, Huat Ah !
17/07/2023 6:28 AM

Love your optimistic forecast..Let see if KLCI can break the Resistance Level which is at 1423 - 1432 first.

Nevertheless sharing some juicy scenario..

The world seems to be able to escape a recession. This is good news for stock markets globally. That has dropped so much!

1. The inflation scare is calming down.

2. Economies are stabilizing.

3. Countries like Malaysia have halted rate hikes. Signs of relief are visible.

4. China, though its economic rebound is softer than expected, now has the potential for stimulus - another positive indicator for global markets.

5. The effort companies have put into cost cuts and productivity boosts should start bearing fruit soon. The market, I believe, is underestimating this. Which leaves room for more gains.

6. For those with an eye on Malaysia's market, the tide seems to be turning. The Ringgit might strengthen against the USD, and political stability post-election could boost investor confidence.

7. Lastly, we haven't seen a significant rise in many stocks yet. This is often a prelude to a larger upswing, especially in emerging markets.

(But it may not be for long, as some stocks like PCHEM, Maybank CIMB, BIMB, Gamuda, Sime Darby, Sime Properties, Sunway and even PN 17 Companies like Sapnrg and Air Asia have started moving in the past few days!

To Our Success !

Captain Mabel Meow

Posted by success2628 > 2023-07-20 09:43 |

Post removed.Why?

Posted by ValueInvestor888 > 2023-07-20 10:20 | Report Abuse

Urea price recovered and up 38% from low in June due to Russian ammonia pipeline was damaged...
https://www.reuters.com/world/europe/russia-says-it-will-take-1-3-months-repair-ammonia-pipeline-2023-06-07/

https://www.reuters.com/world/europe/russia-says-it-will-take-1-3-months-repair-ammonia-pipeline-2023-06-07/

Posted by ValueInvestor888 > 2023-07-20 10:21 | Report Abuse

https://www.bbc.com/news/world-europe-65845441

Ukraine war: Russia says ammonia pipeline blast may end grain deal

Posted by DividendGuy67 > 2023-07-20 20:07 | Report Abuse

Mabel, good to hear you are able to reenter at 6.24. I bought at 6.01 but wasn't able to add anything at lower prices. Now just sitting still and nice to see today's price action to 6.50. Already nearly 2 year's dividend gains but price action is nice with nice potential for some bullish action ahead. Let monitor and see.

Posted by success2628 > 2023-07-25 08:40 |

Post removed.Why?

Posted by success2628 > 2023-07-25 10:00 |

Post removed.Why?

Posted by Mabel > 2023-07-25 10:39 | Report Abuse

DividendGuy67 Mabel, good to hear you are able to reenter at 6.24. I bought at 6.01 but wasn't able to add anything at lower prices. Now just sitting still and nice to see today's price action to 6.50. Already nearly 2 year's dividend gains but price action is nice with nice potential for some bullish action ahead. Let monitor and see.
20/07/2023 8:07 PM

Yes DividendGuy67..

So happy to reenter at RM 6.23. To be honest Mabel still hungry to collect more. Fortunately, the buying continues..

Now all we have to do is to enjoy the cruise...

To Our Success !

Captain Mabel Meow

Posted by troy88 > 2023-07-25 16:15 | Report Abuse

Rebound getting stronger..

Posted by success2628 > 2023-07-25 16:23 |

Post removed.Why?

Posted by pang72 > 2023-07-26 10:01 | Report Abuse

Mabel,
Your pchem looks like Pusing naik liao

Posted by pang72 > 2023-07-26 10:08 | Report Abuse

I think 7.5 is coming in days...meaning few day can touch because panic buying under value National Asset (Petronas Asset) by epf and FF

Posted by troy88 > 2023-07-26 10:12 | Report Abuse

Pchem oversold in the past few months. Rebound looks like on the way back to RM7+

Posted by pang72 > 2023-07-26 10:38 | Report Abuse

Yes.. Rm7+++

Posted by Mabel > 2023-07-26 12:09 | Report Abuse

pang72 Mabel,
Your pchem looks like Pusing naik liao
26/07/2023 10:01 AM

pang72 I think 7.5 is coming in days...meaning few day can touch because panic buying under value National Asset (Petronas Asset) by epf and FF
26/07/2023 10:08 AM

troy88 Pchem oversold in the past few months. Rebound looks like on the way back to RM7+
26/07/2023 10:12 AM

pang72 Yes.. Rm7+++
26/07/2023 10:38 AM

Indeed Guys, it's looking good!

To Our Success !

Captain Mabel Meow

Posted by limitupandsurewin88 > 2023-07-26 14:46 | Report Abuse

Oh My Goodness, Pchem now is traded at
RM6.98 +0.22 +3.25 %

Like that today Pchem definitely will
be break above RM7.00 already liao lah !

Posted by Mabel > 2023-07-26 17:02 | Report Abuse

Haha it has already breaches RM 7 today...

To Our Success !

Captain Mabel Meow

Posted by pang72 > 2023-07-26 17:09 | Report Abuse

Today is Petronas family day.
Petdagang, pchem, PETGAS in top 10 gainer

Posted by Mabel > 2023-07-26 17:10 | Report Abuse

Haha Great News today pang72!

Meow Meow Meow

Posted by troy88 > 2023-07-26 17:44 | Report Abuse

Solid rebound!

Posted by pang72 > 2023-07-26 20:23 | Report Abuse

Tmr up 25c then Friday up25c..

RM7. 50 first target..

Posted by Mabel > 2023-07-27 12:26 | Report Abuse

Today PCHEM dropped by 2.86%. It's an excellence opportunity for Mabel to collect more at RM 6.790..

To Our Success !

Meow Meow Meow

Posted by limitupandsurewin88 > 2023-07-28 06:15 |

Post removed.Why?

Posted by Sslee > 2023-07-28 08:41 | Report Abuse

Just look at Lctitan result and you know bad quarter result coming.

Posted by Diamond7 > 2023-07-28 18:02 | Report Abuse

Texchem down...
LCTITAN down..

PChem ??????????

Posted by Snake > 2023-07-31 08:33 | Report Abuse

Urea price shot up

Posted by DividendGuy67 > 2023-08-06 19:32 | Report Abuse

Avoid LCTITAN - it has its own issues with LINE, losses, and more borrowings needed till 2025.
I would prefer buying PCHEM dips as I think over the rest of this year and the next, we may (with say 50% chance) already seen the cycle low and we may now be on its next cycle up. Owning when its on its cycle up (if true) will prove rewarding. I am not selling what I bought at 6.01 because if that was indeed its cycle low then, buy and hold baby!

Posted by DividendGuy67 > 2023-08-06 19:40 | Report Abuse

If not sure how to tell cycle low and cycle high, just look at the price chart since 2010. It should be obvious when were the cycle lows and cycle highs. The challenge is to know how long these cycles last - sometimes, it looks like 2 years, sometimes shorter, sometimes longer, but market always alternates, meaning if the last cycle from Mar 2020 to May 2022 was the biggest and longest, then, the next one won't be so big i.e. for this cycle, I'm thinking maybe 1-2 years and maybe half the upside than last time (last time range was massive from 4+ to 11+; this time won't be anywhere like this is my guess).

Posted by rl68 > 2023-08-18 17:24 | Report Abuse

Average ROE of PChem for the past 10 years is 13%.
Source: klse.i3investor.com

Posted by Nepo > 2023-08-20 15:40 | Report Abuse

Let see how QR performance