PETRON MALAYSIA REFINING & MARKETING BERHAD
KLSE (MYR): PETRONM (3042)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
5.20
Today's Change
-0.28 (5.11%)
Day's Change
5.16 - 5.30
Trading Volume
58,100
Overview
Market Cap
1,404 Million
NOSH
270 Million
Avg Volume (4 weeks)
868,095
4 Weeks Range
5.16 - 7.40
4 Weeks Price Volatility (%)
1.79%
52 Weeks Range
4.05 - 7.73
52 Weeks Price Volatility (%)
31.25%
Previous Close
5.20
Open
5.30
Bid
5.19 x 100
Ask
5.20 x 13,500
Day's Range
5.16 - 5.30
Trading Volume
58,100
Financial Highlight
Latest Quarter | Ann. Date
31-Mar-2022 [#1] | 26-May-2022
Next QR | Est. Ann. Date
30-Jun-2022 | 26-Aug-2022
T4Q P/E | EY
5.81 | 17.23%
T4Q DY | Payout %
3.85% | 22.33%
T4Q NAPS | P/NAPS
7.68 | 0.68
T4Q NP Margin | ROE
2.20% | 11.66%
News and Blogs
Company Profile
Sector: ENERGY
Sector: ENERGY
Subsector: OIL & GAS PRODUCERS
Subsector: OIL & GAS PRODUCERS
Description:
Petron Malaysia Refining & Marketing Bhd is a Malaysian oil company engaged in producing a wide range of petroleum products which include gasoline, diesel, liquefied petroleum gas (LPG) and aviation fuel.
Discussions
9 people like this. Showing 50 of 17,502 comments
yup, even at RM 2 is even cheaper...
anyway, stock to the original point here
refinery is not comparable to gloves or palm oil and may visible factors are there
like i said earlier there is only factor for refinery which would adversely effect it - if EU & US decides retract russian oil embargo
till then you can relax on refinery stocks
1 week ago
ok -your objective here is really more on attacking commentators but not to seeking the truth
never tried to get into argument with u..so didnt realize the truth in what others had said about u
i wont get involved on such arguments
1 week ago
Haha konartist sslleee is like conartist callvin going ard forums to promote stock ke ...
1 week ago
Haha sslleee when u promote Petronm in Insas at Peak range price .. what did ethical Sifu 3iii said ...
1 week ago
Looks like many r heavily in Crack Spread 2.0 n gets very emotional...
Relax n try to sleep well
Hope price will rebound after Q2 bombastic results n all can make money
1 week ago
Hope EPS Q2 will be RM1.00 to RM1.50, then Inv Banks gives TP RM15 or RM20
Very logical TP then
1 week ago
does inv banlk ever give TP to HY before? so far i have not seen
sad thing about bursa is it looks as if liquidity has dried up...
no keen big investors other than Koon around to push up prices
retailers strength too low
1 week ago
market policy too unpredictable, anything can happen
just need another 2 months without any EU policy changes on russian oil or russian surrendering of course
1 week ago
Dont be too emotional...go for a walk say 6000 steps or eat more
Anxiety n worriness r no good for health
2 months to go for Q2 result. Stay strong.
1 week ago
ha ha...no emotion now....thats more like the state i am in...more like impatience is there
1 week ago
When u scolded me Bongok just now it really scares me....not the very cool Probability i knew for years here...
1 week ago
bongok...coz u quickly start attacking ma...before even seeing what i am trying to tell
you hands always on your pocket to take out your guns looks like
we can play shooting when price is much nicer than this
1 week ago
Mayb my bad also...time is bad most people lose money....
Should talk something more positive here
1 week ago
aiyo, you have upper hand now..as you came after price depress..you can boast around...i surrender boss
1 week ago
EPS Q2 RM1.50 hopefully TP RM15 smelly smelly everybody make money laughing to the banks no more poor people here
1 week ago
Hv to share another positive news..
CLSA Feng Sui predicted the bottom at Sep n mkt will rebound strongly after that..mayb logical also after the last interest hike in Sep
Lets c. Hope all will be horseh then
By now, stay strong..
Eat sell sleep well rest well till then
1 week ago
https://www.clsa.com/special/fsi/2022
So far, Chun chun predicted the bottom in Mac n then the rebound for the FH 2022.
Lets c SH 2022 chun or not
1 week ago
The noble tiger will lead us on a journey of twists and turns that finishes on a high note.
Hope so, but no worries I still can continues collect dividends from Bplant and Petronm.
1 week ago
Can buy lower…why not buy lower
CharlesT
Hv to share another positive news..
CLSA Feng Sui predicted the bottom at Sep n mkt will rebound strongly after that..mayb logical also after the last interest hike in Sep
Lets c. Hope all will be horseh then
By now, stay strong..
Eat sell sleep well rest well till then
9 hours ago
1 week ago
Price down those that already exited talk rubbish, price up then you will see CharlesT talk good about Petron. I think Petron looks safer than HengYuan based on past result. Consistency is there. Heng Yuan is more of a Casino Stock, next quarter might do well or better than Petron, but Heng Yuan is always a Casino stock to me. Only for Gamler
1 week ago
Oil refiners are expected to enjoy good profit margins for many years to come.
The one fundamental factor that has shaped the existing industry landscape is the tight refining capacity worldwide due to the sanctions against Russia's oil production, which is likely to persist for many years.
The sanctions and supply challenges around Russia's refined products will persist even if the war is over tomorrow- most experts in the industry believe.
This scenario as mentioned above- is a big boost to oil refiners as margins/crack spread rise- and is likely to persist as long as the Europeans sanctions against Russian oil are in place.
1 week ago
Be extra careful investing in Bursa now as market liquidity is getting smaller..might be a good choice to stay at the sideline while limiting downside risk by investing little by little while the market reach bottom..thanks to all that shared useful market info..all the best to all of us.
1 week ago
KUALA LUMPUR, June 26 (Bernama): Bursa Malaysia is expected to stage an "oversold bounce” this week after the steep correction seen for the past three months, moving in the 1,450-1,480 range, a dealer said.
Going forward, Inter-Pacific Asset Management Sdn Bhd executive director and fund manager Datuk Dr Nazri Khan Adam Khan said, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was expected to rebound higher on bargain-hunting activities as traders came back into play to grab both higher and lower liners.
"I will call this an oversold bounce because the index has been oversold for the last three months, in which we were down for 10 out of 12 weeks. That is considered as extremely oversold.
"Despite that, the broader market outperformed the other regional markets, which means our correction is lower as our economic data are still resilient. Consumer spending is still strong," he told Bernama.
He also noted that Bursa Malaysia should continue its uptrend, supported by the country’s Consumer Price Index (CPI) figure, which increased 2.8 per cent year-on-year to 126.6 in May 2022 from 123.1 in May 2021.
"We are relatively better in terms of economic data, sentiment and the FBM KLCI movement because we are driven by commodity stocks that cushion our broad stock market, especially (related to) oil," he said.
Nazri added that there were plenty of opportunities to grab as the stocks were seen to be cheaper and dividend higher, coupled with a lot of catalysts to cushion against a big crash although the market was likely to see a downtrend in the medium term.
1 week ago
Haha
harold8990
Be extra careful investing in Bursa now as market liquidity is getting smaller..might be a good choice to stay at the sideline while limiting downside risk by investing little by little while the market reach bottom..thanks to all that shared useful market info..all the best to all of us.
1 day ago
1 week ago
Harga minyak dan permintaan minyak naik selepas pengisytiharan kemenangan melawan Covid-19 dari China. Nice.
1 week ago
NorAfan
Bagus. Harga minyak dan permintaan minyak naik selepas pengisytiharan kemenangan melawan Covid-19 dari China
You believe apa China buat?
1 week ago
I rasa permintaan terhadap minyak masih tinggi memandangkan harga crack spread melebihi $30 pada bulan Julai
5 days ago
LONDON: U.S. President Joe Biden has called on Saudi Arabia and other Gulf producers to increase their oil output to help stabilise prices, which have surged as a result of a strong rebound in consumption after the pandemic and now sanctions on Russia.
But Saudi Arabia and the other Gulf Cooperation Council (GCC) members probably do not have much spare capacity to raise output by a significant amount for more than a few months.
Previous appeals to Saudi Arabia to secure production increases and lower prices in 2008 by President George W Bush and in 2000 by President Bill Clinton were essentially fruitless; Biden is unlikely to be any more successful.
3 days ago
Gas prices are soaring as Western sanctions on Russian energy have cut supply of refined products and there's a growing possibility of an even bigger drop-off in Russian output. It's been worsened by operational struggles at refineries after the impact of COVID-19 and years of under-investment in the industry, said Vitol's Head of Asia and other oil products Mike Muller.
In the US, the national average for a gallon of regular gasoline is $4.81, compared with last year's $3.13, according to data from the AAA. The rise in costs is a factor ultimately driving red-hot inflation in across the country, in which inflation rose by 8.6% through May to reach its highest in 41 years.
President Joe Biden on Thursday didn't appear to be able to offer much in the way of relief for American drivers, however, saying there may be no end in sight to rising fuel costs. High gas prices will continue for "as long as it takes," to punish Russia for its invasion of Ukraine, he said.
Addressing Asia, Muller doubts that China, which is a huge exporter of refined products, will increase their export quotas in the near future meaning gas prices may stay high.
1 day ago
Hengyuan and Petronm share price was over RM10.00 in 2017/2018 while the oil price was only around $65...
Now oil price firmly above $100 and oil crack is all time high....
The share price will definitely cross RM10.00 again very soon!!!!
SIALANG!!!!
Heng
Ong
Huatt ah~~~ =D
32 minutes ago
Post a Comment
Featured Posts
1
I3investor
2
MQ Trader Announcement!
Apps
Top Articles
1
Koon Yew Yin's Blog
2
3
Some notes on gloves
4
Good Articles to Share
5
HLBank Research Highlights
6
Kenanga Research & Investment
7
8
Good Articles to Share
Many major economies to hit recession next year, Nomura says
Hot Stocks Today
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
CharlesT
Our arguement will hv nothing to do with share prices here lah...just likr yr endless calculation n profit projections last few weeks..
Ops mayb i m wrong...there could hv some effects...prices drop 30%+ since then.
Yr calculations mayb very powerful to move the price...lol
1 week ago