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Last Price

4.50

Today's Change

-0.01 (0.22%)

Day's Change

4.50 - 4.54

Trading Volume

47,500

Discussions
10 people like this. Showing 50 of 19,260 comments

1288Go

Sheldon, you better off buying some of other stocks like Maybk, etc that pay you dividends and at same time potential for capital gains...
Petron becoming boring !!

2024-01-17 18:25

sheldon

23 sen dividend is acceptable

2024-02-23 08:54

Guideme84

hopeless....

2024-02-23 09:15

Jnlee

apa jadi, give dividend also 👇

2024-02-23 12:24

alyson97

Useless stock..... always take weeks to creep up to lose it all in 1 day

2024-02-23 19:45

WellnessAntiCancer

Is it true that a full tank of Petron fuel gives more mileage compared to Petronas?

Petron not only have better mileage and best cash back if you use Public Bank-Petron card. this matters to us drivers - 98% use gas combustion engine. For Tesla co-horts, this is irrelevant.



Source: R Bala (2024), Focus Malaysia, Is it true that a full tank of Petron fuel gives more mileage compared to Petronas? Visited on : 9 March 2024

06/03/2024

2024-03-09 22:22

James_Bond

Comrades, let’s paint PetronM green!

2 months ago

James_Bond

Gov going to abolish petrol subsidy!

2 months ago

James_Bond

If you witness how MSM rocketing up, this would happen to PetronM too! Cheers!

2 months ago

James_Bond

If you miss MSM, don’t worry, you still hv chance in PetronM!

2 months ago

James_Bond

https://www.tradingview.com/symbols/NYMEX-D1N1!/

High crack spread translating good profit margin to petron m refineries!

2 months ago

James_Bond

Remember Petrol/ Diesel is the highest subsidized item among all other things for instance sugar, cooking oil, rice etc… smart investors, you do the Maths, you should know how much profits coming from this… oh yes, the Malays still boycotting Petronas gas station right?… haha…

2 months ago

James_Bond

Breaking news: Israel attacking Iran!

2 months ago

James_Bond

Go go go PetronM!

2 months ago

wallstreetrookieNEW

Buying Petron at open this Monday. I ain't letting this opportunity slip away this time.

2 months ago

wallstreetrookieNEW

2017 - 2018 oil bull run 2.0

2 months ago

EngineeringProfit

Yup, parking RM 1 mil here, no fears

2 months ago

kohcl130562

Price will only go up if the crack spread escalate upwards

2 months ago

hhhiii123

go go dividend

2 months ago

EngineeringProfit

Wow....hihi

2 months ago

speakup

4.7% dividend. Nice but not as nice as some REITs giving 6%

2 months ago

dompeilee

Shucks! Shld not hv waited till the last minute to re-purchase my SOLD shrs but I did...anyway, BOUGHT 6 lots back @ 4.90 this morning.

2 months ago

James_Bond

Please be informed that I m going to dispose PetronM slowly…

2 months ago

James_Bond

Found better shares to invest in… cheers…

2 months ago

dompeilee

Fortunately, your (highly unnecessary) bulletin is unable to depress Petron's share price at all! It's likely up up UPPP all the way till the last day b4 ex-divvy!

2 months ago

1288Go

Wah so CEPAT arh...you all make bikix want to jual, jual..
Can wait arh for it to get to 6 ringgit...
Fast premature players..
🤔...hmmmm

2 months ago

dompeilee

Am RIGHT🎯🎯🎯 again! $5 & above meaning that my expensive $4.90 shrs are also in the 💰💰💰!

2 months ago

1288Go

10c oony also CEPAT CEPAT mahu jual. Everybody want to makan bilis plofit ooony arh...
Let it run further lar. All rushing to the gates for 5c,,;10c...plofit.
No wonder Petron cannot naik...
Worse still tak de institutional support.
Hairan No institutional support !!

2 months ago

dompeilee

Only the forumer who has a license to earn ikan bilis profit has sold. I have not sold a single unit! Experienced perennial stockmarket earners like me know it's best to hold until at least the last day before ex-dividend to get the best capital gain!

2 months ago

James_Bond

Hot money in Tech sector! Remember to come and join us!

2 months ago

dompeilee

HohoHOOOO...those who were still hoping to get below $5...you can fergghedaboutit!!!😆

1 month ago

Dehcomic01

Bursa Petron Malaysia is a refinery cum petrol station business. Many believes that electric vehicles would eventually disrupt the petrol station business. But I suspect that it is probable a decade away.
Does this mean that we should no consider investing in Petron Malaysia? Over the past 12 years, the company delivered an average return that was greater than its cost of funds. This is a financially sound company whose performance is affected by crude oil prices.
Taking the performance over the oil price cycle into account, I found that there is a sufficient margin of safety from both the Asset Value and Earnings Power Value.
Unless you have decades of investing horizon, I would think the is a counter worth a look
For more insights go to page 20 of Invest https://notice.shareinvestor.com/email/newsletter/invest/pdf/Vol207-Invest-17May.pdf

1 month ago

dompeilee

🤗😘😊 The price action suggests that insiders(or not) are looking for better-than-expected results!

1 month ago

1288Go

Very enticing Domp dump...getting us to buy.
You smart operator 😂

1 month ago

sheldon

Yes good earnings performance over the years and very good net asset backing but all this is NOT reflected in the share price. Only we see it but the investors with deep pockets are NOT interested.

The only medicine for such a situation is for the company to start paying out big chunks of the profits in the form of DIVIDENDS so that shareholders are rewarded and those that stood by the sidelines will feel regretful!

1 month ago

ivanlau

If based on forward eps 90x 6.5 pe , the fair value will be rm 5.85 , today closing 5.17 , think about that........

1 month ago

James_Bond


PetronM faces a threat from Saudi Aramco’s possible entry into Malaysia’s fuel retailing market, on top of the impending withdrawal of fuel subsidies, CGS International warned.

Aramco is reportedly negotiating to acquire Shell’s 950 retail fuel stations in Malaysia, which if a deal materialises, could heighten competition in the country, CGS said. Aramco will rebrand the stations and will offer promotions to retain existing customers and attract new ones, it said.

That “could be a potential de-rating catalyst” for PetronM. PetronM has 770 stations at present day where Shell’s 950 stations probably register higher sales due to first-mover advantage and multiple strategic locations in high-traffic areas.

Reuters reported on Monday (May 6) that Aramco has been in talks with Shell since late 2023 for the deal that could be worth up to US$1 billion (RM4.74 billion).

“We think that higher pump prices could encourage carpooling and disincentivise the unlawful moving of subsidised fuel to foreign countries,” which may ultimately reduce PetronM sales volume, the research house said.

1 month ago

James_Bond

Hohoho… those stil holding this company would miss the golden opportunity to flip your fortune in tech stocks! Haha!

1 month ago

James_Bond

Invited you all to join us, don’t listen, serve you right! Haha!

1 month ago

dompeilee

dompeilee

Shucks! Shld not hv waited till the last minute to re-purchase my SOLD shrs but I did...anyway, BOUGHT 6 lots back @ 4.90 this morning.

1 month ago


Petron today closes at the HIGHEST in 22 months! James_Bodoh is the ultimate FOOL, selling @ $4.90...I took the opportunity to cash out HALF my stake @ $5.19, earning more nett of commission than the dividend quantum sacrificed! Cheers~ !😻 📈💲

1 month ago

sheldon

Dompeilee - You bought 4.90 ex or cum price?

1 month ago

sheldon

Dompeilee - You bought 4.90 ex or cum price?

1 month ago

dompeilee

Cum in late Apr, but averaged with my 2022 shares comes to $4.85.

1 month ago

fusing79

why drop so fast ?

3 weeks ago

speakup

Drop for u buy cheap mah

3 weeks ago

James_Bond

You should know what to do when uncivilized person texting in the forum… uncivilized people most likely lead others to holland… and copy smart investors buy call and stealing thunder away from them…

1 week ago

subwayzzz

panic panic

3 hours ago

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