PETRONAS DAGANGAN BHD

KLSE (MYR): PETDAG (5681)

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Last Price

22.84

Today's Change

-0.06 (0.26%)

Day's Change

22.78 - 23.38

Trading Volume

605,800


2 people like this.

1,288 comment(s). Last comment by moneyontheway 4 days ago

Posted by moneyontheway > 2022-04-06 13:38 | Report Abuse

wellstreetrookie, what type of funds do you sell? being an analyst, i suppose you must have a lot of experience. any idea in owning unit trusts?? why don't you target this counter to reach RM30!!!

Posted by investor2021trading > 2022-05-17 17:58 | Report Abuse

im looking at PetDag as a better buy than Hengyuan or Petron!

KUALA LUMPUR (April 25): Petronas Dagangan Bhd (PetDag) is working closely with the Ministry of Finance (MoF) on the increase of fuel subsidy bill amid near-record high crude oil prices, according to PetDag’s managing director (MD) and chief executive officer (CEO) Azrul Osman Rani.

Other reasons are:
1. Jet fuel demand yet to reach pre-Covid levels despite improvements in 2021.
Asked if PetDag’s commercial division, which sells aviation fuels, has benefited from the recent border reopening, Azrul said the division has seen a significant improvement in its financial year ended Dec 31, 2021 (FY21) but noted that there are many factors that could impact the business such as volume and price movements which the group is monitoring closely.

2. People also ask what is the new partnership between PDB and GreenTech Malaysia?
The partnership is an extension from that signed between PDB and GreenTech Malaysia last year to install 66 ChargEV stations. To date, 55 stations have been installed at Petronas stations nationwide. It targets to have 25,000 charging stations nationwide by 2020 to further support the push for EVs. Not only that, GreenTech Malaysia will bring in 100 units of the Tesla Model S by the end of next year, all of which are duty-exempted. In a report by The Sun, Malaysia looks set to achieve the target of 100,000 electric vehicles (EVs) on its roads.


Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-05-18 16:57 | Report Abuse

KEY STOCK DATA
P/E Ratio (TTM)
40.36(05/18/22)
EPS (TTM)
RM0.53
Market Cap
RM21.36 B (RM 21.52 per share)
Shares Outstanding
N/A
Public Float
225.88 M
Yield
3.25%(05/18/22)
Latest Dividend
RM0.25999999(03/24/22)
Ex-Dividend Date
03/09/22


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


All values MYR Thousands. 5-qtr trend
Cash Dividends Paid - Total
(198,691.0) 31-Dec-2021
(99,345.0) 30-Sep-2021
(139,084.0) 30-Jun-2021
(168,887.0) 31-Mar-2021
(109,280.0) 31-Dec-2020




All values MYR Millions. 5-year trend
Cash Dividends Paid - Total
(606) 2021
(606) 2020
(695) 2019
(934) 2018
(775) 2017

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-05-19 15:58 | Report Abuse

petdag canot limit up?

Posted by investor2021trading > 2022-05-20 11:42 | Report Abuse

Future earnings for PetDag on EV battery charging.

DC fast chargers installed had begun operating on a pay-per-use basis.

It was also revealed that while not all its dealers have begun implementing such a policy, the entire network would eventually move towards making payment compulsory, with a standardized rate applied.

There are six price segments, listing DC outputs from 30 kW to 180 kW, and rates for public usage.

The rates are:
DC 30 kW charger – RM0.60 sen per minute of use
DC 50 kW charger – RM1.00/min
DC 60 kW charger – RM1.40/min
DC 90 kW charger – RM1.80/min
DC 120 kW charger – RM2.40/min
DC 180 kW charger – RM3.60/min

Posted by investor2021trading > 2022-05-20 15:06 | Report Abuse

so said d coming QR will b fantastic cos of d sweet spot in crack spread n there will b 4 more interim dividend!

firehawk

4,515 posts

Posted by firehawk > 2022-05-26 21:24 | Report Abuse

a) Performance of the current quarter against the corresponding quarter last year
Group
year increased by RM2,475.9 million following higher sales volume by 20% and
increased average selling prices by 24%.
Despite the increase of revenue, the Group recorded a lower Profit Before i.e. by RM106.8 million or 37% which was mainly due to higher and lower gross profit from Commercial segment mainly due to higher product costs.


Commercial Segment
Commercial Segment recorded an increase in revenue of RM1,714.3 million or 84%, contributed by higher sales volume by 23% and increase in average selling prices by 49%.
LBT of RM43.2 million was recorded as compared to PBT of RM106.4 million in the corresponding quarter last year. This was mainly due to lower gross profit from Jet A1 following higher product costs

Posted by investor2021trading > 2022-05-31 16:25 | Report Abuse

boom pipi!

Posted by investor2021trading > 2022-05-31 16:55 | Report Abuse

what a closing! steady boom pipi!

Posted by bullmarket1628 > 2022-05-31 23:23 |

Post removed.Why?

stockraider

30,111 posts

Posted by stockraider > 2022-06-01 12:37 | Report Abuse

Yes Definitely Petron better than Petdag loh!

Petron u have the benefit of both world mah!

Posted by investor2021trading > 2022-06-02 09:34 | Report Abuse

has d price downtrend for PetDag n PetGas stabilised?

LouiseS

286 posts

Posted by LouiseS > 2022-06-02 21:19 | Report Abuse

PETRONAS DAGANGAN,值得投资吗?
PETRONAS DAGANGAN BERHAD 2021 年度财报分析
https://youtu.be/hT2JIRIdEwY

Icon 888

1,699 posts

Posted by Icon 888 > 2022-06-07 09:44 | Report Abuse

Wow Oil pass 120..

Posted by bullmarket1628 > 2022-06-10 07:15 | Report Abuse

Petronas ups annual capex to RM60 bil, makes first allocation for clean energy
SyafiqahSalim/theedgemarkets.com
June 09, 2022 16:20 pm +08

https://www.theedgemarkets.com/article/petronas-plans-rm60b-capex-2022-says-group-cfo

KUALA LUMPUR (June 9): Petroliam Nasional Bhd (Petronas) is allocating about RM60 billion for capital expenditure (capex) in financial year ending Dec 31, 2022 (FY22) compared with RM30.5 billion a year earlier as the Malaysian national oil company prepares for the resumption of business activities, which were earlier disrupted by Covid-19-driven movement restrictions, and as the group sets aside money for clean energy or non-hydrocarbon-related ventures.
"This year, we expect to almost double that [capex] amount which is RM60 billion, because of catch-up and the return of [business] activities. This is also the time we have to make inroads in some material steps into the non-hydrocarbon side of things," Petronas chief financial officer Liza Mustapha said on Thursday (June 9) at the MIDF Conversations event, which was held virtually.
MIDF group managing director Datuk Charon Mokhzani was the moderator for the event.
Liza said that out of Petronas' planned RM60 billion capex allocation for FY22, about RM40 billion has been earmarked for the oil and gas business besides non-hydrocarbon–related operations while the balance of the capex allocation has been earmarked to finance Petronas Chemicals Group Bhd's (PetChem) wholly-owned subsidiary Petronas Chemicals International B.V. (PCIBV) proposed acquisition of the entire stake in Sweden-based specialty chemicals group Perstorp Holding AB for €1.54 billion (about RM7.02 billion) from Financiere Foret S.A.R.L.
Petronas owns a 64.35% stake in PetChem, according to PetChem's latest annual report.
Looking ahead, Liza said non-hydrocarbon-related income is expected to account for about 30% of Petronas' revenue.
"[About] 30% of our revenue should be coming from something which is not related to hydrocarbons.
"We have to factor in [business] growth, otherwise, we will not be able to manage the energy transition and we will miss our target of achieving [net] zero [carbon] emissions by 2050," she said.
According to her, about 10% of Petronas' RM60 billion capex allocation for FY22 will be earmarked for non-traditional businesses such as specialty chemicals and solar energy.
"Previously, I think there was never a plan on what rate it should be [for the clean energy segment] because there was no allocation from the top. So, it didn't really take off.
"So, we need to rethink our decision on the capital allocation [for the clean energy segment] and put it aside, because if we leave it at that and let them go with the flow, we are going to be a year behind the target again," she said.
Petronas' financials improved in 1QFY22. In a statement on May 31, 2022, Petronas said profit after tax rose to RM23.44 billion in 1QFY22 from RM9.22 billion a year earlier while revenue climbed to RM78.75 billion from RM52.55 billion.
"Despite favourable [first quarter] performance, the high oil and gas prices are expected to remain vulnerable with increased volatility due to geopolitical and macro-economic uncertainties.
"Petronas will continue to strengthen our operational excellence to maximise value creation whilst intensifying our growth and sustainability agenda in Malaysia and internationally,” the company said.

Edited By: Chong Jin Hun

Posted by investor2021trading > 2022-06-22 12:41 | Report Abuse

is it gud new? najib says d price of RON95 can b raised by 10 to 20 sen n export duty on palm oil increased to help d lower income group!

Posted by HK_Wealth_Management > 2022-07-06 17:25 | Report Abuse

2025 all car makers will occupy or replace more than 30 percent of electric car to the market in the world, this is trend

kyliew

595 posts

Posted by kyliew > 2022-07-28 22:09 | Report Abuse

Breaking News!!!!!
US enters technical recession as economy shrank 0.9% in Q2

sasword

1,021 posts

Posted by sasword > 2022-08-02 17:51 |

Post removed.Why?

sasword

1,021 posts

Posted by sasword > 2022-08-02 17:51 |

Post removed.Why?

Posted by moneyontheway > 2022-08-18 11:50 | Report Abuse

any possibility to reach RM30 like years sgo??

Posted by bullmarket1628 > 2022-08-23 10:53 |

Post removed.Why?

Posted by bullmarket1628 > 2022-08-23 11:59 | Report Abuse

Wow, Fantastics !

Now Hibiscs already traded at=>
0.965 (+0.065)(+7.2%) !



Heng ah, Ong ah, Huat ah !

Posted by moneyontheway > 2022-08-24 15:57 | Report Abuse

why you always heng ah, ong ah, huat ah, PDB is still going south.

ncy810116

132 posts

Posted by ncy810116 > 2022-08-24 19:17 | Report Abuse

good QR.

Posted by moneyontheway > 2022-08-26 16:18 | Report Abuse

good QR but the share price keeps on going down

Posted by moneyontheway > 2022-08-29 16:23 | Report Abuse

EVERYDAY YOU say Heng ah, Ong ah, Huat ah !!! how much is your profit???

Posted by bullmarket1628 > 2022-08-30 07:06 | Report Abuse

moneyontheway, i make quite a lot of profits…
Down buy then up sell it off…
Just keep repeating this step only,
then u will become rich soon…

Heng ah, Ong ah, Huat ah !

Posted by moneyontheway > 2022-08-30 09:30 | Report Abuse

@bullmarket, as for me, 1 have 1 lot and they gave me bonus of 1 lot but so far i have never sold any yet. i only reap the dividends at one time it reached RM30, but i still hope for it to go higher, but until today it is what the price is. is your profit more than RM50K? may be you need to tell me when to sell as i always hope for it to go higher.

Posted by moneyontheway > 2022-08-30 09:31 | Report Abuse

@bullmarket, how many units of PDB do you hold?

Posted by bullmarket1628 > 2022-09-03 07:55 | Report Abuse

moneyontheway, PDB I hold 1,000
units only coz i also holding a lot of other O & G counters …

if all the O & G counter spike up like mad, then ho sei liao lah !

Hope we all huat together!
Heng ah, Ong ah, Huat ah !

Posted by bullmarket1628 > 2022-09-03 07:55 |

Post removed.Why?

Posted by bullmarket1628 > 2022-09-06 07:36 |

Post removed.Why?

Posted by moneyontheway > 2022-09-06 16:21 | Report Abuse

bullmarket, do you have petronasgas?? do you ever miss out the dividend payment as you sell and buy? after investing for a long time, does your profit reach a 100K??

Posted by bullmarket1628 > 2 months ago |

Post removed.Why?

Posted by bullmarket1628 > 2 months ago | Report Abuse

Tommorrow once the Donbast referendum being passed, then Russia will annexed those 4 Donbast regions from Ukraine, then will start war between Russia and Europe, then oil price will spike up to above USD $120 again !

Then all the O & G counters will spike up to sky high especially Petdag's price will break above RM30.00

Heng ah, Ong ah, Huat ah !

Posted by moneyontheway > 2 months ago | Report Abuse

@bullmarket, so certain Petdag's price will break above RM30.00? Do you not fear of a global recession going to happen soon as signs are coming up???

Posted by bullmarket1628 > 2 months ago |

Post removed.Why?

Posted by bullmarket1628 > 2 months ago |

Post removed.Why?

Posted by bullmarket1628 > 2 months ago |

Post removed.Why?

Posted by bullmarket1628 > 2 months ago | Report Abuse

Oil prices could soon return to $100 as OPEC+ considers ‘historic’ cut, analysts say
PUBLISHED MON, OCT 3 2022 6:43 AM EDT

Lee Ying Shan @LEEYINGSHAN
Sam Meredith @SMEREDITH19

https://www.cnbc.com/amp/2022/10/03/opec-oil-prices-could-soon-return-to-100-a-barrel-analysts-say.html

KEY POINTS
* OPEC and non-OPEC producers, a group often referred to as OPEC+, will meet in Vienna, Austria on Wednesday to decide on the next phase of production policy.
* The oil cartel and its allies are considering an output cut of more than a million barrels per day, according to OPEC+ sources who spoke to Reuters.
* "The OPEC ministers are not going to come to Austria for the first time in two years to do nothing. So there's going to be a cut of some historic kind," said Dan Pickering, CIO of Pickering Energy Partners.

Posted by bullmarket1628 > 2 months ago |

Post removed.Why?

Posted by bullmarket1628 > 2 months ago | Report Abuse

White House Disappointed With OPEC’s ‘Shortsighted’ Decision
By Charles Kennedy - Oct 05, 2022, 12:00 PM CDT

https://oilprice.com/Energy/Energy-General/White-House-Disappointed-With-OPECs-Shortsighted-Decision.amp.html

A White House statement following the OPEC+ decision to defy the Biden administration with an output cut for November vows to find new ways to temper OPEC’s control over energy prices. 

Earlier on Wednesday, members of OPEC+ said they would cut November production quotas by 2 million bpd, citing the “uncertainty that surrounds the global economic and oil market outlooks”. 

The decision immediately led to a more than 2% increase in Brent crude and WTI prices and goes directly against the Biden administration’s attempts to lobby Saudi Arabia for higher production to bring prices down. 

Shortly after the release of an OPEC+ press release detailing the output cuts, the White House said, “In light of today's action, the Biden Administration will also consult with Congress on additional tools and authorities to reduce OPEC's control over energy prices.”

Posted by bullmarket1628 > 2 months ago |

Post removed.Why?

Posted by bullmarket1628 > 1 month ago |

Post removed.Why?

pang72

44,930 posts

Posted by pang72 > 5 days ago | Report Abuse

Buy PETDAG better than fake HRC...

TehBeng

54 posts

Posted by TehBeng > 5 days ago | Report Abuse

33% increase in sales volume as more economic and social sectors reopen.

Meanwhile, PETRONAS' majority-owned South African fuel retailer business Engen saw a 9.5% increase in sales volume mainly contributed by demand recovery in commercial segment.

Posted by accountantkenny > 5 days ago | Report Abuse

Wow

pang72

44,930 posts

Posted by pang72 > 4 days ago | Report Abuse

Wa cakap Lu baik.. Lu jatuh 94c...
Ini petdag tak baik la..

Posted by moneyontheway > 4 days ago | Report Abuse

where is bullmarket1628? long time no more posting???? already rich kah??

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