PETRONAS CHEMICALS GROUP BHD
KLSE (MYR): PCHEM (5183)
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Last Price
4.82
Today's Change
+0.02 (0.42%)
Day's Change
4.76 - 4.85
Trading Volume
3,759,300
Analysis
Price Target
A price target is an analyst's projection of a share's future price.
Average Target Price, Price Call and Upside/Downside here are derived from Price Targets in the past 6 months.
Last Price
4.82
Avg Target Price
6.20
Upside/Downside
+1.38 (28.63%)Price Call
4
SELL
11
HOLD
5
BUY
| Date | Open Price | Target Price | Upside/Downside | Price Call | Firm | View | Action |
|---|
Discussions
12 people like this. Showing 50 of 4,701 comments
Current Ratio 1.87
Debt-Equity (DE) Ratio 0.44
FCF Yield 1.41 %
Revenue QoQ 3.34 %
Revenue YoY 17.72%
Profit QoQ -201.54 %
1 week ago
Lotte Chemical's debt-to-equity ratio increased to 75.3% as of the end of the first half of 2024, up from 55.1% at the end of 2023. Industry sources expect the company to continue its asset disposal strategy to improve its financial health.28 Oct 2024
1 week ago
LCTITAN | LOTTE CHEMICAL TITAN HOLDING BERHAD
Current Ratio 2.04
Debt-Equity (DE) Ratio 0.81
FCF Yield -69.9 %
Revenue QoQ 9.45 %
Revenue YoY -0.77%
Profit QoQ 0.99 %
Profit YoY -343.36 %
Profit Margin (Sector Median: 3.0) -11.47 %
ROE (ROIC: -4.0) -6.29 %
1 week ago
Pchem :
Current Ratio 1.87
Debt-Equity (DE) Ratio 0.44
FCF Yield 1.41 %
Revenue QoQ 3.34 %
Revenue YoY 17.72%
Profit QoQ -201.54 %
Profit YoY -286.08 %
Profit Margin (Sector Median: 5.6) 2.52 %
ROE (ROIC: 4.11) 4.36 %
1 week ago
Pchem :
Referred QR ended September 2024 :
1.) Cash n cash equivalents/ Bank balances: RM 8,740 million
2.) Loans n Borrowings : RM 3,041 million
-
a) Financial assets
Trade and other receivables 5,724 million
Cash and bank balances 8,740 million
total = 13,429 million
b) Financial liabilities
Loans and borrowings 3,041 million
Trade and other payables 9,624 million
Lease liabilities 1,888 million
total = 14,553 million
a) - b ) = - 1,124 million.
👉 Note : Non Current Lease Liabilities = 1,694 million.
1 week ago
南洋行家论股
国油石化试叩RM5.19/刘礼誉
Tan KW
Publish date: Fri, 22 Nov 2024, 04:15 AM
工业产品板块指数出现触底反弹现象。其中，国油石化（PCHEM ，5183，主板工业产品股）闭市时报收4.83令吉，按日涨26.0仙或5.69%。
另外，双威（SUNWAY，5211，主板工业股）于闭市时报收4.97令吉，按日涨7.0仙或1.43%。
国油石化的日线图处于下跌趋势，但是触碰支撑，超卖讯号出现，股价开始反弹。日线相对强度指数（RSI）处于40.25水平。股价或在短期继续上探5.08至5.19令吉的阻力水平，支撑位置处于4.37至4.53令吉。
1 week ago
Pchem short :
21/11/2024 :
RSS : 683,400
IDSS : 124,100
Total Net Short Position:
25,781,898
14 /11/2024 :
RSS : 194,800
IDSS : 0
Total Net Short Position:
26,792,498
5/11/2024 :
RSS : 1,984,000
IDSS : 25,000
Total Net Short Position:
27,562,298
-
4/11/2024 :
RSS : 270,500
Total Net Short Position:
28,193,198
1 week ago
Price target decreased by 7.1% to RM5.27
Down from RM5.68, the current price target is an average from 18 analysts.
New target price is 9.2% above last closing price of RM4.83.
Stock is down 33% over the past year.
The company is forecast to post earnings per share of RM0.25 for next year compared to RM0.21 last year.
Petronas Chemicals Group Bhd's third-quarter performance was significantly impacted by foreign exchange losses, primarily from its 50:50 joint venture with Saudi Aramco, Pengerang Petrochemical Company (PPC). The weakening of the US dollar against the ringgit led to unrealised forex losses, resulting in a net loss of RM789 million, a stark contrast to the RM424 million net profit in the same period last year. Despite the loss, the group's revenue increased to RM7.99 billion, driven by better performance in its commodities segments, which saw higher plant utilisation and production volumes.
Looking ahead, Pchem is preparing for the commercial operations of its new petrochemical units at PPC by the end of the year. However, the start-up of these capital-intensive assets is expected to have a significant impact on earnings, including potential currency translation effects. The group is cautiously optimistic, as a rebound in the US dollar could lead to a partial reversal of the unrealised forex losses. Additionally, the company is facing challenges in its olefins and derivatives segments due to seasonal demand weaknesses, while the fertiliser and methanol sectors are stabilising. Pchem remains cautious about its specialties business amid ongoing macroeconomic uncertainties.
1 week ago
Johnchew5
Pchem short :
22/11/2024 7:10 PM
Thank you Sifu Mickey for sharing these data..
Breakdown of the Data
21/11/2024:
RSS: 683,400
IDSS: 124,100
Total Net Short Position: 25,781,898
14/11/2024:
RSS: 194,800
IDSS: 0
Total Net Short Position: 26,792,498
5/11/2024:
RSS: 1,984,000
IDSS: 25,000
Total Net Short Position: 27,562,298
4/11/2024:
RSS: 270,500
Total Net Short Position: 28,193,198
Looks like the total net short position has been decreasing over time, which indicates that some short sellers might be covering their positions. When short sellers cover their positions, they buy back the shares they initially sold short. This buying activity can potentially drive the share price up, especially if a large number of short positions are being covered.
Technical charts is looking good. 20 and 50 MA has already been breached. Let see if it can break the 100 MA next week...
To Our Success !
Meow
1 week ago
$PCHEM (5183.MY)$ was the top gainer yesterday, rising 1.86 percent to close at RM 4.920
1 week ago
$PCHEM (5183.MY)$ was the top gainer for KLCI yesterday, rising 1.86 percent to close at RM 4.920
1 week ago
The company’s debt restructuring is another two quarters away from completion.
THE true test of a business’ resilience lies in how it deals with its lows.
Sapura Energy Bhd, once a prominent player in the oil and gas (O&G) sector, is no exception.
1 week ago
Top 25 shareholders own 89.58% of the company
Ownership Name Shares Current Value Change % Portfolio %
64.4%
Petroliam Nasional Berhad (PETRONAS)
5,148,000,000 RM 25.3b 0% no data
11.6%
Employees Provident Fund of Malaysia
926,143,561 RM 4.6b -0.19% 2.24%
5.14%
Permodalan Nasional Berhad
410,966,500 RM 2.0b 0% 1.12%
2.06%
Kumpulan Wang Persaraan
164,922,439 RM 811.4m 0% 1.22%
1.2%
The Vanguard Group, Inc.
96,198,370 RM 473.3m 0% no data
0.73%
Lembaga Tabung Haji, Endowment Arm
58,077,700 RM 285.7m 0% 1.92%
0.69%
Public Mutual Bhd.
55,368,800 RM 272.4m 0% 1.54%
0.56%
Great Eastern Life Assurance (Malaysia) Berhad, Insurance Investments
44,894,000 RM 220.9m 0% 2.33%
0.51%
Eastspring Investments (Singapore) Limited
41,168,100 RM 202.5m 0% 0.12%
0.43%
AIA Investment Management Private Limited
34,721,300 RM 170.8m 0% 0.39%
0.32%
Singapore
25,802,561 RM 126.9m 0% no data
0.31%
Amanah Saham Nasional Bhd
24,877,800 RM 122.4m 0% 22.12%
0.25%
The People's Bank of China
20,070,800 RM 98.8m 0% no data
0.2%
BlackRock, Inc.
15,785,800 RM 77.7m 0% no data
0.19%
Takafulink Ekuiti
15,293,900 RM 75.2m 0% no data
0.18%
Pertubuhan Keselamatan Sosial
14,546,710 RM 71.6m 0% no data
0.16%
Geode Capital Management, LLC
13,162,561 RM 64.8m 0.05% no data
0.13%
UBS Asset Management AG
10,369,650 RM 51.0m 37.9% no data
0.12%
Dimensional Fund Advisors LP
9,953,817 RM 49.0m 1.02% no data
0.11%
JP Morgan Asset Management
8,991,029 RM 44.2m 3.23% no data
0.08%
Charles Schwab Investment Management, Inc.
6,422,898 RM 31.6m 0% no data
0.069%
Hong Leong Asset Management Bhd.
5,500,000 RM 27.1m 0% 0.64%
0.068%
State Street Global Advisors, Inc.
5,446,600 RM 26.8m 2.98% no data
0.064%
Caisse de dépôt et placement du Québec
5,125,922 RM 25.2m 0% no data
0.061%
Mercer Global Investments Europe Limited
4,891,300 RM 24.1m 0% 0.01%
1 week ago
Ownership Breakdown
Individual Insiders 0.193% 15,428,400 shares
State or Government 0.755% 60,420,071 shares
Sovereign Wealth Funds 5.14% 410,966,500 shares
General Public 9.49% 759,194,625 shares
Institutions 20.1% 1,605,990,404 shares
Private Companies 64.4% 5,148,000,000 shares
1 week ago
Zaid : Oil mining ordinance of Sarawak already repealed. Abang Johari aka enemy of the state lied
https://youtu.be/JqdZW4URED0?si=vu4bB-v6Y8A0qw2V
Next week Pchem go back to RM 6
1 week ago
Sarawak tried to take advantage of the fresh and newbie PH government who knows nothing. Luckily, the people of UMNO and BN who knows the ins and outs of Malaysia defended Malaysia against Cheater and Opportunists foreign and domestic.
Our current PM is useless, he was put in jail for so many years with a lie, and now domestic opportunists wanted to cheat him and PH with lies again.
I think Donald Trump would fire a bad deal maker. A bad deal maker who can't defend himself, let alone defending the country. PH is just a 1 term government. Next election I won't vote for them.
1 week ago
Already all in @4.57 loh. You think I talk so much while sitting on the sideline? Now, just watch the rocket fly.
1 week ago
Mabel too...
To Our Success !!!
Meow
Stock: [PCHEM]: PETRONAS CHEMICALS GROUP BHD
1 week ago | Report Abuse
Today PCHEM breached both support level :
Support 1 at RM 4.74
Support 2 at RM 4.63
Anyway, Mabel starts to re-enter PCHEM after it breaches both support level at RM 4.53 conservatively as the QR is expected to be announced on the 28th November.
With PCHEM EPS of MYR 0.25 (as per the latest data) and the PE ratio of 19.02:
PCHEM Fair Value Price = 0.25 ×19.02 = RM 4.76
This means that Mabel has collected at a good price given today’s closing prices is MYR 4.55 which is slightly under the above fair value...
Hope for the best!
1 week ago
Pchem is looking good and holding steady..
It was a good decision to collect last week
To Our Success
Meow Meow Meow
1 week ago
2days wayang only, today 4.45pm big disposal at RM4.80, beware the share might go down again
1 week ago
For retired uncles who missed the bus to Genting Highland, please think twice before you jump into this shark's pond to join the crab party as the top 20% of the biggest shareholders own 80% of the shares, making this company top-heavy with many fund managers trapped at high prices with more crab sellers than buyers.
The global market for polythene is similar to the steel industry, which collapsed in the blink of an eye. Local weak steel players like Perwaja or Lion could not compete with Chinese conglomerates and South Korean chaebols as they flooded the market and crashed the price.
PCHEM is the same as Taiwan's Formosa Chemical (台塑), founded by Taiwan's richest man, Wang Yung-ching (台湾经营之神王永庆), whose share price also crashed due to global competition and environmental issues:
https://www.youtube.com/watch?v=qoxnmfg_e8s
Is plastic falling out of favour? Polythene demand in decline:
https://actionpoint.co.uk/is-plastic-falling-out-of-favour-polythene-demand-in-decline/
比特币十万不是梦:
https://klse.i3investor.com/web/blog/detail/mindfullness/2024-11-25-story-h474815098
1 week ago
Hopefully the wayang is not over, tomorrow must stay above RM4.85, or else pancit and go downtrend again...
1 week ago
To all data driven members
There are some changes interest in past week ( positive )
22nd Nov - foreign entity inflow 13mio
EPF making Single high purchase of 2.7mio after past few cycle of disposal ( approx 6mio cumulative )
15th Former period inflow dominated by retailers at 22mio
I benefited partly from the recent rebound with technical chart still showing traction. I’m still in cautious mode however if you guys notice , O&G related stock are coming with positive news since last 2 weeks, with recent surprise from Pet Dagang. Linkage to Velesto let’s see.
I’m still planning long and I could be wrong but traction in oil industry could come in.
Im keen to look into changes in weekly fund from foreign as they were the one going out in bulk ( this behavior is not solely linked to PetChem but across the board in Bursa ). Any sign on trickling interest from the continuously for few week should give some good hints. Kudos to all that are making good moves
1 week ago
Petronas Chemicals’ foreign exchange loss alone in the July-Sept quarter totaled RM1.1 billion.
Last week on the $PCHEM (5183.MY)$ was KLCI the top gainer yesterday, rising 1.86 percent to close at RM 4.920 and it is still holding steady..
Looks like it's another repeat in YTL Power and YTL (also with Forex Losses), today it continues to climb this morning
Go Power Gals Go....
Meow Meow Meow
6 days ago
metaverse
https://klse.i3investor.com/web/blog/detail/mindfullness/2024-05-01-st...
27/11/2024 5:01 PM
While the article raises valid points about the challenges and risks associated with YTL Power's ventures, it's important to consider the broader context and potential benefits:
YTL Power's investments in data centers, renewable energy, and water utilities are well-timed and strategically aligned with global trends. These sectors are expected to see significant growth over the next decade, driven by increasing demand for digital infrastructure, sustainable energy, and water resources.
YTL Power is not just a fledgling player in the tech industry. The company has a strong track record of innovation and has been investing heavily in research and development. While it's true that they may not have the same level of resources as tech giants like Amazon or Microsoft, their focus on niche markets and strategic partnerships can provide a competitive edge.
Concerns about data security are valid, but YTL Power has been proactive in addressing these issues. The company has implemented robust security measures and is continuously improving its infrastructure to meet the highest standards. Additionally, the growing demand for localized data centers in Southeast Asia presents a unique opportunity for YTL Power to cater to regional needs.
The rapid growth of data centers in Johor and the increasing demand for digital services in the region highlight the significant market potential. YTL Power's strategic location and investments position them well to capitalize on this growth.
Despite the challenges, YTL Power has demonstrated financial resilience. The company's diversified portfolio and strong management team provide a solid foundation for future growth.
While there are risks associated with any investment, YTL Power's strategic initiatives and market positioning offer substantial potential for long-term growth and profitability.
Do read this well written article from dragon...
https://klse.i3investor.com/web/blog/detail/dragon328/2024-11-27-story...
Meow
6 days ago
Took some profits at 4.90 there 😋 Seek another opportunity to trade again
6 days ago
half boiled egg 天哥 again posted in his blog, he keep ask his 1/4 boiled egg followers be patient , this is long long long term investment, PCHEM will come back to good price in one day . hold long long long term really a good excuse to cover their failure stock pick ........ hahaha
2 days ago
Next Quarter onward will sure profit, this share might slowly go back to previous price
1 day ago
Today $YTL (4677.MY)$ Shares Surge Over 7.4% With a Turnover of RM43.71 Million, While $YTLPOWR (6742.MY)$ Shares Surge Over 6.9% With a Turnover of RM51.84 Million..
Both of these companies also suffer Forex Losses in the recent QR...
7 hours ago
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williamh
Me collect 4.63 go down to 4.50 now up and I unloaded
1 week ago