PETRONAS DAGANGAN BHD

KLSE (MYR): PETDAG (5681)

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Last Price

17.98

Today's Change

0.00 (0.00%)

Day's Change

17.84 - 18.10

Trading Volume

356,600


3 people like this.

1,505 comment(s). Last comment by moneyontheway 4 days ago

haziqaz

192 posts

Posted by haziqaz > 2023-05-08 08:35 | Report Abuse

Bagaimana CEO Petronas boleh beri projek RM399 juta kepada syarikat terkait rasuah antarabangsa?
Petrofac syarikat antarabangsa yang terbukti bersalah kerana rasuah. Banyak negara menyekat dan menggantung kerjasama dengan Petrofac tetapi melalui Skandal Big Ben London Petrofac CEO Petronas memberi hampir RM400 juta projek kepada syarikat perasuah. Mengapa? Apa hubungan CEO Petronas dengan Petrofac?
https://thecorporatesecret.com/blog/2023/05/07/bagaimana-ceo-petronas-boleh-beri-projek-rm366-juta-kepada-syarikat-terkait-rasuah-antarabangsa/

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2023-05-22 21:58 | Report Abuse

High ROE and increased dividends for this quarter. Very good results.

Megat99

6 posts

Posted by Megat99 > 2023-06-02 17:58 | Report Abuse

go go go

haziqaz

192 posts

Posted by haziqaz > 2023-07-10 22:54 | Report Abuse

Mengapa CEO Petronas lantik Peguam Pro PN ‘kaki balun’ PM Anwar, Kerajaan Perpaduan saman The Corporate Secret?
https://thecorporatesecrets.com/blog/2023/07/10/mengapa-ceo-petronas-lantik-peguam-pro-pn-kaki-balun-pm-anwar-kerajaan-perpaduan-saman-the-corporate-secret/

Posted by success2628 > 2023-07-25 16:24 |

Post removed.Why?

haziqaz

192 posts

Posted by haziqaz > 2023-08-24 00:08 | Report Abuse

Petronas bakal dimalukan berbilion ringgit?

https://thecorporate-secrets.com/blog/2023/08/23/petronas-bakal-dimalukan-berbilion-ringgit/

maxwin69

76 posts

Posted by maxwin69 > 2023-10-07 08:59 | Report Abuse

This is a good stock to hold, despite some scandals. Politics involved is normal.

Henryjohny

908 posts

Posted by Henryjohny > 2023-11-03 09:43 | Report Abuse

war ... oil price might rise skyrocket soon ...

Posted by Selena Yeoh > 2023-11-04 12:36 | Report Abuse

Yes, with so much USD printing and two wars going on, oil price will keep going up. More inflation and suffering for poor people. Rich gets richers.

Dehcomic01

337 posts

Posted by Dehcomic01 > 2023-11-22 07:33 | Report Abuse

There are 2 Bursa companies in the service station sector – Petronas Dagangan and Petron Malaysia. https://www.youtube.com/watch?v=YrMdgjFHHaU
The former is about double the size of the latter in terms of revenue. You may think that this may give Petronas Dagangan some advantage https://i.postimg.cc/T3YhWqkC/Chart-5-min.png
But you can see from the chart that Petron Malaysia is no pushover and is able to compete.
So which would you chose to invest from a fundamental perspective?

Dehcomic01

337 posts

Posted by Dehcomic01 > 2023-12-25 10:52 | Report Abuse

In Malaysia, the Bahasa term “jaguh kampung” (literally “village champion”) is meant to belittle a person who is so full of himself after achieving some record feat in the country. The idea is that the person should be benchmarking himself globally rather than just nationally.
I fell into this “village champion” category when I first started value investing as I had a track record of bearing the KLCI (Bursa Malaysia index) over several years. Then I started to look at investment case studies and invariably the majority of them relate to US stocks.
I am not sure whether it is the stronger economy or the size of the market, but the stock market returns of many US companies far exceed those in Malaysia. To give you a sense of this, over the past 25 years, the KCLI grew at 3.9 % CAGR compared to the S&P 500 CAGR of 5.8 %.
The chart below is another example. It compared the share price trend of Bursa Malaysia Petronas Dagangan with some of the US Oil & Gas companies with petrol stations operations. It is not exactly apple to apple but you can see the better share price performance of the others. https://i.postimg.cc/FHJ829vj/Petronas-Dagangan.png
Beating the KLCI was not so great. If I had set my sights on the US market years ago, I might have made more even if I just matched the S&P 500.
Moral of the story. To max your stock returns, you should focus on those stock exchanges with the better returns. There is no point being the village champion unless your village is the best in the world.
Nowadays I have diversified my investments to cover the US as well. For more insights from case studies to go “Can we learn anything from investment case studies?” https://www.youtube.com/watch?v=0FMpj9iVo9E

kong73

2,065 posts

Posted by kong73 > 2024-02-19 16:25 | Report Abuse

So?

Michael Kwok

6,415 posts

Posted by Michael Kwok > 2024-02-27 01:08 | Report Abuse

Buy meridian 9-11 cents
Each people rm 10k.if got money buy some more.
27/2/24 1.06am

Posted by moneyontheway > 2024-02-29 15:31 | Report Abuse

will it reach RM30?

maxwin69

76 posts

Posted by maxwin69 > 2024-04-05 15:40 | Report Abuse

Anything is possible.

James_Bond

3,410 posts

Posted by James_Bond > 2024-04-07 12:05 | Report Abuse

Boycotting Petronas by the Malays… good luck!

James_Bond

3,410 posts

Posted by James_Bond > 2024-04-07 12:44 | Report Abuse

Maybe can go AGM this month and ask the management about the protesting/ boycotting crowds… whether affecting pchem business by more and more plants shutdown etc…

maxwin69

76 posts

Posted by maxwin69 > 2024-04-16 21:45 | Report Abuse

Petdag is big business. Small boycotts here and there won't affect them. Unlike Mc Donald's or Starbucks which are badly affected.

Mkjuel

1 posts

Posted by Mkjuel > 2024-04-29 19:00 | Report Abuse

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Needluck

514 posts

Posted by Needluck > 2024-06-06 11:40 | Report Abuse

wonder who so clever to eat more than 3miiion shares at RM19.88 at before closing on 31/5/2024?

Needluck

514 posts

Posted by Needluck > 2024-06-06 11:41 | Report Abuse

18.38 currently, paper loss how much?

Posted by moneyontheway > 2024-06-06 11:45 | Report Abuse

wonder why this stock keeps on dropping so much everyday? any knowledge please provide.

Posted by Swee Hua > 2024-06-06 12:13 | Report Abuse

@Needluck : KWSP

dompeilee

11,889 posts

Posted by dompeilee > 2024-06-07 08:05 | Report Abuse

Pity the brown-skinned old fossil who used to show up regularly in AGMs pre-Covid who owned 100,000 shares of this...I'm sure he's still holding on: a $870,000 paper reduction from 6 years ago!

Posted by moneyontheway > 2024-06-11 10:08 | Report Abuse

@Needluck, can you advise why this share has been dropping so much everyday. from RM22 to RM17++?

limch

3,230 posts

Posted by limch > 2024-06-11 10:49 | Report Abuse

Because diesel up RM 1.2/ltr yesterday?

Posted by moneyontheway > 2024-06-11 11:41 | Report Abuse

how come diesel up can have so much impact on the share price??
i thought brent oil also up by USD2.42 and WTI crude oil also up by USD2.65 yesterday.

James_Bond

3,410 posts

Posted by James_Bond > 2024-06-11 12:23 | Report Abuse

Haha! Serve you right for not listening to take profit in PetD!

hcthey

315 posts

Posted by hcthey > 2024-06-11 12:25 | Report Abuse

Within 2 days of trading, this company share price has dropped nearly RM2.00. I do not know what is the main reasons. I understand that EPF a substantial shareholder has kept on selling. I try my luck to buy some shares from the open market and hold it for sometimes. I belief and confident that I will re-bounce later.

James_Bond

3,410 posts

Posted by James_Bond > 2024-06-11 12:26 | Report Abuse

Don’t understand why you all not listening… pity you all!

James_Bond

3,410 posts

Posted by James_Bond > 2024-06-11 12:27 | Report Abuse

Bravo HC!

James_Bond

3,410 posts

Posted by James_Bond > 2024-06-11 12:32 | Report Abuse

Every retail outlet should hv one time inventory gain from the hike of diesel fuel price. Let’s see the coming QR if this is true or not. Cheers!

James_Bond

3,410 posts

Posted by James_Bond > 2024-06-11 12:40 | Report Abuse

I m with you, HC! May the force be with us all!

Posted by moneyontheway > 2024-06-11 13:41 | Report Abuse

@hcthey, i read your forum and noticed you have bought a lot of other shares as well. you must have made a lot of profits. in millions?? how many shares do you have in this counter? still holding British American Tobacco??

hcthey

315 posts

Posted by hcthey > 2024-06-11 15:05 | Report Abuse

@moneyontheway, when blue chip stocks or active counters dropped heavily, then I consider to buy some for investment, stockholding not much, for big stocks I just bought five to ten thousand stocks, lower priced counters may buy a bit more thats all. Like Rapid counter plunged down from 30 dollars to the lowest of 75 cts and YNHPROP came down from 5 dollars to 48 cts,, for these counters their NTA is much higher than its trading prices, then I considered these counters to be cheap and they are valued counters, why should be afraid to buy a bit for investment. anyway, I made small gain only, not as what you said millions hahaha. I have let go part of my investment today.

Needluck

514 posts

Posted by Needluck > 2024-06-11 15:05 | Report Abuse

maybe not because of the removal of diesel subsidy, if yes, why petronm not affected?

sten_still

409 posts

Posted by sten_still > 2024-06-11 15:15 | Report Abuse

downstream of petronas dagangan doing pretty decent this period, then this must be a discount on the share price. once in a ten years chance coming

Posted by moneyontheway > 2024-06-11 15:19 | Report Abuse

@needluck, so what can you think of to be the reason for the downtrends these days? may be can share.

Posted by moneyontheway > 2024-06-11 15:26 | Report Abuse

@hcthey, ten thousand shares of PETDAG already RM180K at RM18 a share. gaining a lot in dividends!!

hcthey

315 posts

Posted by hcthey > 2024-06-11 15:54 | Report Abuse

@moneyontheway, I bought this counter after the Dividend EX date. Get cheaper share price much better. I bought this counter yesterday.

Posted by moneyontheway > 2024-06-11 16:00 | Report Abuse

do you mean you just started in this counter? had you bought today, you would have gained more but nobody knows when its lowest will be.

hcthey

315 posts

Posted by hcthey > 2024-06-11 16:25 | Report Abuse

I went in the counter started yesterday, Today I also bought, bit by bit, the lowest I bought is 17.38. I don't care the price which I bought is the lowest or not, as long as the price I bought is cheaper than other buyers shall be satisfied. Buy and hold until I make profit than I sell it.

Posted by moneyontheway > 2024-06-11 16:36 | Report Abuse

@hcthey, wah! you are really a rich man, doing business kah? normally you hold until you make a lot of profit or just some profit? as for me, i hold only 1 lot in this counter and one bonus issue for over 25 years but did not sell though it hit RM30 years ago.
i just do not know when to sell???

hcthey

315 posts

Posted by hcthey > 2024-06-11 16:48 | Report Abuse

Wah! you really a very patient investor who can hold this counter for 25 years without selling even it has already hit the highest of 30 dollars. I can't understand you buy shares for what, not for money or just for fun, hahaha..........

hcthey

315 posts

Posted by hcthey > 2024-06-11 16:57 | Report Abuse

@Moneyontheway, according to the historic chart, it has not hit the highest of 30 dollars so far, the highest point was around 25 dollars only.

hcthey

315 posts

Posted by hcthey > 2024-06-11 17:02 | Report Abuse

For Rapid counter yes, it has hit 30 dollars in December 2023. but not for Petdag.

Posted by moneyontheway > 2024-06-12 09:16 | Report Abuse

@hcthey, i checked the historical chart and was confirmed that the highest share price for PETDAG was RM30.70 on 7/3/2014. i was hoping it would go higher and also to keep for dividend distribution. howcome you are using dollars?

Needluck

514 posts

Posted by Needluck > 2024-06-12 09:30 | Report Abuse

all i can think is few index counters like petdag, klk, simeplt etc, all epf game, left hand throw to right hand.

Posted by moneyontheway > 2024-06-12 09:33 | Report Abuse

@needluck, what can be the reason for sharp decline in the share prices of this counter. do you mean EPF buy and throw?

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