Posted by apprentice > 2014-11-05 22:46 | Report Abuse

The 20sen increase goes to the govt, not Petdag. Next quarter profit will be even worse for Petdag.

Posted by rlch > 2014-11-05 22:50 | Report Abuse

Year end coincide with school holidays therefore people will travel more and petrol sales will increase.

Posted by kwongliang > 2014-11-21 14:35 | Report Abuse

this counter today on big year end sales...

Posted by ketupatlazat > 2014-11-21 14:55 | Report Abuse

cmon petronas. do another new advance formula for ron97. perhaps you can win some market share from the higher-end customers.

Posted by 林俊松 > 2014-11-21 16:24 | Report Abuse

True, should put in Nestle instead.
Whole Asia market is shoot up, only Malaysia KLCI sink 14 points.
Malaysian market going to crash, very soon.

Posted by Yuming > 2014-11-21 16:48 | Report Abuse

Govn had annouched petrol subsidies for ROn95 will b abolished DEC'14 onwards

Posted by ragen9 > 2014-11-21 19:25 | Report Abuse

sell all and buy petdag...yea2

Posted by winwin > 2014-11-23 11:31 | Report Abuse

avoid all O & G stock unless you have cash on hand. swift to REIT and high div stock.

Posted by Abudance > 2014-11-23 11:47 | Report Abuse

Property market is also affected by cooling measures by government...

Posted by nighthood > 2014-11-24 09:25 | Report Abuse

can't bear to see this onslaught

Posted by budu101 > 2014-11-26 16:05 | Report Abuse

will price go down again this week? should i start buying or wait a little longer...

Posted by nighthood > 2014-11-27 11:11 | Report Abuse

it is too volatile now

Posted by gohlai > 2014-11-27 16:11 | Report Abuse

affin high dividend now

Posted by xenolover > 2014-11-28 09:55 | Report Abuse

petdag just selling petro, oil drop or up shouldn't relate to it so much.

Posted by retnam > 2014-11-28 12:52 | Report Abuse

Oil price drop means less subsidy from the government hence increase in cost of production which translates into lower profit margins. I believe that there's a timing difference issue in the derivation of subsidies which works to the disadvantage of Petdag.

Posted by sure > 2014-11-28 13:18 | Report Abuse

govt ctr, wayang n catch institutions funds

Posted by cklimm > 2014-11-28 13:57 | Report Abuse

boleh masuk now?

Posted by retnam > 2014-11-28 16:55 | Report Abuse

I blindly entered although I do not really know how this subsidy removal will pan out. Perhaps there may be a window-dressing activity towards year end & this stock could be tinkered to push up FBMKLCI.

Posted by chebicef > 2014-11-30 07:54 | Report Abuse

50% slashed. OMG

Posted by PussyTua > 2014-12-01 01:40 | Report Abuse

cherita lama. new news? fracking shale . shale fracking. HoHo.
Fracking Shale? NuEnergy . hOHoHoHoooooooo

Posted by retnam > 2014-12-01 09:07 | Report Abuse

I heard that shale oil production not viable if oil prices drop below $65

Posted by xenolover > 2014-12-01 09:15 | Report Abuse

regardless crude oil price, petdag just selling petro only...

Posted by King Kong73 > 2014-12-01 13:26 | Report Abuse

Xenolover...i agree with u..send my regards to Ripley yeaah..she likes thosr xenomorphs

Posted by cklimm > 2014-12-01 13:39 | Report Abuse

it seems stable at RM15 level, time to in?

Posted by Xersus Cascada > 2014-12-01 15:42 | Report Abuse

Pioneer Natural Resources said it has options through 2016 covering two- thirds of its likely production. “We can produce down to $50 a barrel,” said Harold Hamm, from Continental Resources. The International Energy Agency said most of North Dakota’s vast Bakken field “remains profitable at or below $42 per barrel. The break-even price in McKenzie County, the most productive county in the state, is only $28 per barrel.”

not viable below 65usd? craps

Posted by Up_down > 2014-12-01 15:56 | Report Abuse

Time to in and trade for fun. kikiki

Posted by charlie > 2014-12-01 16:05 | Report Abuse

I guess the cemet industriy should do well as it is negative colleration to oil price.

Posted by Anabel Ezekiel > 2014-12-02 09:38 | Report Abuse

will drop again to 12.

Posted by 1901 > 2014-12-02 10:38 | Report Abuse

i guess d slide will stop when d ceo stop yum seng... in d mean time my eye is on barakah!

Posted by KianHin Toh > 2014-12-02 13:26 |

Post removed.Why?

Posted by retnam > 2014-12-02 23:41 | Report Abuse

CIMB research view appears rational - that 5 sen/litre will continue & the removal of Govt subsidies will improve cash flow - both of which are positive for the counter.

Posted by 1901 > 2014-12-03 18:50 | Report Abuse

govt had given all oil retailers "extra" 5 sen/litre since 2006. This 5 sen had cushion them since 2006 and bring in hefty profit ever since (go n check chart from 2004). But opposition revealation of this fact had been played down by the media! Its time govt take back this 5 sen first rather than up the pump price and make everyone unhappy.

Posted by tklim > 2014-12-04 14:47 | Report Abuse

Good price to enter.

Posted by kakashi > 2014-12-04 17:24 | Report Abuse

http://www.theedgemarkets.com/my/article/oil-steadies-around-70-further-fall-possible

Posted by kimkowlee > 2014-12-05 09:12 | Report Abuse

Why price go up last fews day? Any news ahead i3 forum.

Posted by samer > 2014-12-05 12:11 | Report Abuse

Up_down, please advise which is better investment Tenaga Vs Petdag ?

Posted by Up_down > 2014-12-05 12:23 | Report Abuse

Samer. It could be a good time to bet for rebound. I hardly play this game cause it could be the time to trap small investors.

Posted by 88et88 > 2014-12-05 15:15 | Report Abuse

Maybe some internal news that we dunno? Like Suadi and Russia agree for oil production cut together? haha

Posted by kimkowlee > 2014-12-07 13:14 | Report Abuse

Maybe due to delay or cancelation agreement in canada project. Maybe at this stage this become good news.

Posted by lwyy60 > 2014-12-07 16:57 | Report Abuse

short term unlikely....push downward...more to come~

Posted by cn21 > 2014-12-08 11:01 | Report Abuse

The prospect of oil & gas industry is negative....but Petronas companies are trading at more PE 0f 20.......obviously are supported by local government linked fund....it won't last as the crude oil price war will continue.....

Posted by cn21 > 2014-12-08 11:07 | Report Abuse

Next quarter, financial results of Petronas related companies will be badly affected by downfall of crude oil price......

Posted by cn21 > 2014-12-08 11:14 | Report Abuse

even in last Sep quarterly account, compared with last year, the profit has reduced from RM226 mil to RM160mil...... I don't believe any non government linked fund managers will invest at PE of more than 20...

Posted by Shah Faisal > 2014-12-08 13:34 | Report Abuse

Malaysian oil is better than Shale oil. Its rare high quality oil, which Shale oil cant replace. Plus Petdag income is also from petrol station..shale oil or not..they can always buy and sell at their station

Posted by limayseng > 2014-12-09 09:20 | Report Abuse

http://www.bloomberg.com/news/2014-12-03/ringgit-falls-to-five-year-low-as-oil-slump-cuts-revenue-outlook.html

Posted by lim18 > 2014-12-10 16:06 | Report Abuse

马股反弹起是时候脱身保住现金

Posted by trade2020 > 2014-12-11 17:32 | Report Abuse

http://www.bloomberg.com/news/2014-12-10/kuwait-offers-biggest-oil-discount-to-asia-since-2008.html

Posted by lwyy60 > 2014-12-15 00:24 | Report Abuse

http://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/11292837/Opec-willing-to-push-oil-price-to-40-says-Gulf-oil-minister.html

Posted by lwyy60 > 2014-12-15 06:06 | Report Abuse

http://pro.moneymappress.com/MMRBSSH39PPM2/WMMRQA23/?pub=mmr&h=true

Posted by L. C. Chong > 2015-01-05 22:28 | Report Abuse

PETDAG analysis - http://lcchong.wordpress.com/2015/01/05/petdag-fundamental-analysis-5-jan-2015/