PETRONAS CHEMICALS GROUP BHD

KLSE (MYR): PCHEM (5183)

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Last Price

5.70

Today's Change

-0.11 (1.89%)

Day's Change

5.69 - 5.86

Trading Volume

1,191,900


10 people like this.

4,266 comment(s). Last comment by Plantermen 20 hours ago

slbzr

168 posts

Posted by slbzr > 2016-09-22 12:38 | Report Abuse

wow very good prediction, keep it up

ch

2,029 posts

Posted by ch > 2016-10-20 12:14 | Report Abuse

the EPF keep accumulated.

bjgdila123

3,470 posts

Posted by bjgdila123 > 2016-11-14 17:28 | Report Abuse

5.00 bila mau mari

tradeview

608 posts

Posted by tradeview > 2016-12-02 13:53 | Report Abuse

accummulate

crystal168

1,663 posts

Posted by crystal168 > 2016-12-29 15:54 | Report Abuse

:)

myusmtam

27 posts

Posted by myusmtam > 2017-01-06 10:01 | Report Abuse

:) :)

gcke

1,359 posts

Posted by gcke > 2017-02-20 13:04 | Report Abuse

QR just out.Increase in profits by 40% vis-a-vis last year QR.The Technical Price Charts for this counter very bullish.Expects an trend in the stock price.Good luck:-)))

Posted by sharkinsider > 2017-02-20 14:14 | Report Abuse

Limit up chem chem here we go

iman6767

25 posts

Posted by iman6767 > 2017-02-27 15:49 | Report Abuse

a friend of mine received an invitation to the signing ceremony of ARAMCO taking interest in RAPID project in Pengerang tomorrow.

Berkat

582 posts

Posted by Berkat > 2017-03-06 23:42 | Report Abuse

Power

tkp2

3,027 posts

Posted by tkp2 > 2017-05-15 14:36 | Report Abuse

sapu C9 & C10

tkp2

3,027 posts

Posted by tkp2 > 2017-05-15 14:37 | Report Abuse

want to huat gua gua this is golden opportunity

tkp2

3,027 posts

Posted by tkp2 > 2017-05-15 14:40 | Report Abuse

with this fantastic results, PCHEM will go above 8.0, C9 & C10 will be easily above 0.3

tkp2

3,027 posts

Posted by tkp2 > 2017-05-15 15:08 | Report Abuse

want to sapu quick quick sapu, tomorrow after all the IB raise thier TP you can't get this price already

tkp2

3,027 posts

Posted by tkp2 > 2017-05-15 15:10 | Report Abuse

bought 10 lorries each for C9 & C10, waiting for 200% profit in 1-2 months

tkp2

3,027 posts

Posted by tkp2 > 2017-05-15 15:20 | Report Abuse

price dropped so much before QR, with such a strong results, if super safe now to enter, sailang ah

tkp2

3,027 posts

Posted by tkp2 > 2017-05-15 15:21 | Report Abuse

very rare you have this kind of opportunity lor

Unicorn

768 posts

Posted by Unicorn > 2017-05-15 16:20 | Report Abuse

Results good but prospect not good. Core products demand is expected to soften.
Results good prospect good so far is Hartalega.

tkp2

3,027 posts

Posted by tkp2 > 2017-05-15 16:26 | Report Abuse

aiyo, who cares about prospect, take advantage of the short term QR catalyst, make a 100%-200% on call warrant then cabut lor

tkp2

3,027 posts

Posted by tkp2 > 2017-05-15 16:28 | Report Abuse

huhuhu, huat ah, already make 20-30% for C9 & C10 within 2-3 hours.

tkp2

3,027 posts

Posted by tkp2 > 2017-05-15 17:03 | Report Abuse

more to come, TP for mother 8.0, C9 & C10 - 0.3

tkp2

3,027 posts

Posted by tkp2 > 2017-05-16 08:54 | Report Abuse

today should be able to hit 7.5

tkp2

3,027 posts

Posted by tkp2 > 2017-05-16 09:18 | Report Abuse

my average C9 cost is 0.125, C10 cost is 0.12, this time really huat until mother also can not recognize liao, more importantly, i bought 10 lorries each, huat ah !!!!!!!!!

wiki123

2,447 posts

Posted by wiki123 > 2017-05-16 09:46 | Report Abuse

re: tkp2 bro, congrats on your selection :).... happy for u... and to support your cause, will join you some... but @ higher price...

Posted by ysh8793ysh > 2017-05-16 09:51 | Report Abuse

hi bro, still can huat ah if go in now ?

tkp2

3,027 posts

Posted by tkp2 > 2017-05-16 10:01 | Report Abuse

i think still can, this counter down from 7.7, with the fantastic QR, it will easily go back to 7.7 or even 8.0

James

126 posts

Posted by James > 2017-05-16 10:38 | Report Abuse

Go in now ! believe me ... Gonna shoot up later

tkp2

3,027 posts

Posted by tkp2 > 2017-05-16 10:40 | Report Abuse

yes, those who miss the boat yesterday, ATTACK NOW !!!!

thenewbee

3,605 posts

Posted by thenewbee > 2017-05-16 10:41 | Report Abuse

market retreating apa reason tkp2

James

126 posts

Posted by James > 2017-05-16 10:44 | Report Abuse

Very safe, alrd oversold!

James

126 posts

Posted by James > 2017-05-16 10:45 | Report Abuse

Just loaded few lorries of C10, hehe..

tkp2

3,027 posts

Posted by tkp2 > 2017-05-16 10:45 | Report Abuse

market retreating is good opportunity to sapu counter like PCHEM, results too good ignore

tkp2

3,027 posts

Posted by tkp2 > 2017-05-16 10:48 | Report Abuse

C9 at 0.145 also very yummy

thenewbee

3,605 posts

Posted by thenewbee > 2017-05-16 11:06 | Report Abuse

still not stabalize yet, should be able to catch 0.135

tkp2

3,027 posts

Posted by tkp2 > 2017-05-16 11:19 | Report Abuse

0.135 slow slow wait, ki ki ki

tkp2

3,027 posts

Posted by tkp2 > 2017-05-16 11:20 | Report Abuse

0.135 yesterday can get lah, today if can get 0.14 consider very lucky lor

abangadik

2,305 posts

Posted by abangadik > 2017-05-16 11:24 | Report Abuse

u want 0.14 I can sell u some..kekeke..

omnigunk

191 posts

Posted by omnigunk > 2017-05-16 11:24 | Report Abuse

I first time sailang so much in my life.

tkp2

3,027 posts

Posted by tkp2 > 2017-05-16 11:25 | Report Abuse

no thanks, i got 10 lorries at 0.12 yesterday, kikiki

tkp2

3,027 posts

Posted by tkp2 > 2017-05-16 11:25 | Report Abuse

bro omnigunk, you dare to sailang now, you will huat gua gua i tell you

abangadik

2,305 posts

Posted by abangadik > 2017-05-16 11:28 | Report Abuse

Hahaha...mother 7.50 cukup makan lor..kite sama2 huat..kekeke..

omnigunk

191 posts

Posted by omnigunk > 2017-05-16 11:29 | Report Abuse

This is what happened to me at PRLEXUS, when announced good QR, the stock was stagnant, even went down and then suddenly exploded.

tkp2

3,027 posts

Posted by tkp2 > 2017-05-16 11:29 | Report Abuse

yaya, 3.5 i enough already although i keep saying 8.0, C9 & C10 above 0.2 i sold all and enough to buy E-Class d

omnigunk

191 posts

Posted by omnigunk > 2017-05-16 11:29 | Report Abuse

Above; U/G to BUY 1Q17’s PATAMI of MYR1,306m (+120% YoY, +32% QoQ) was above our estimate, making up 37% of our full year forecast, and was at consensus’ top estimate. Factory utilisation rate surprised positively at 99% (+7ppt YoY, +4ppt QoQ). We raise 2017-19 earnings forecasts by +13.5%, +7% and +7% respectively to factor in lower effective tax rates as guided by the management. TP now is at MYR8.10 (+6%), based on an unchanged 8.5x 2017 EV/EBITDA peg, which is on par with global peers. Upgrade to BUY.
Smooth operator The people of PCHEM deserve a standing ovation as the plant operational reliability has been spectacular in the past five quarters. More impressive, they’ve been able to extract cost savings from lower utility consumption on per unit product basis and also efficiency gains on manufacturing costs. We believe PCHEM will be able to achieve utilization rate surpassing 90% on a consistent basis going forward.
Management guidance on product prices in 2Q17 Management states that there will be pricing pressure in 2Q17 for urea, methanol, aromatics and methyl-ethylene glycol due to sufficient capacity and seasonality aspects. On the flip side, ammonia and ethylene prices are holding up well. On balance, we think 2017 is shaping up to be a fantastic year as the year-to-date ASPs are up by 22% to MYR3,452/ton. The latest global PMI is firmly in the positive territory at 53 as at end of Mar which suggests there will be big demand for petrochemical products.
BUY on strong earnings growth potential Our house view is for average crude oil price to rise by a modest USD5/ bbl per annum. This should ensure a benign inflationary pressure globally and underpin strong demand for basic materials and petrochemicals. Also, new capacity output is only rampant in Asia Pacific and the USA, whilst other regions are decommissioning their old plants. Therefore, we forecast product margins to remain firm in the next 1-2 years.

omnigunk

191 posts

Posted by omnigunk > 2017-05-16 11:30 | Report Abuse

Samur project
The SAMUR project consists of an ammonia plant, urea plant, and a granulation plant, as well as utilities and jetty facilities in Sabah. The total installed capacity is 1.2 million metric tonne per annum.
The plant has achieved an important milestone whereby it has been certified to run as per its design nameplate capacity on 12 May. This means that it will start to contribute to the group earnings from 2Q17 onwards. Management is targeting for a utilisation rate of 70-75% in 2017, 80% in 2018 and PCHEM’s typical above 90% utilisation rate from 2019 onwards.

omnigunk

191 posts

Posted by omnigunk > 2017-05-16 11:30 | Report Abuse

Good FA, scare what

tkp2

3,027 posts

Posted by tkp2 > 2017-05-16 11:33 | Report Abuse

wah TP 8.1, which IB izit?

saw MIDF TP 7.58 only

omnigunk

191 posts

Posted by omnigunk > 2017-05-16 11:37 | Report Abuse

Maybank

tkp2

3,027 posts

Posted by tkp2 > 2017-05-16 11:41 | Report Abuse

ok, buy another 5 lorries

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