PETRONAS CHEMICALS GROUP BHD

KLSE (MYR): PCHEM (5183)

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Last Price

9.99

Today's Change

0.00 (0.00%)

Day's Change

9.95 - 10.08

Trading Volume

2,805,200

Details of Changes
Securities After Change
Transactions
Ann. Date Name Details of Changes Securities After Changes
Date Type No. of Shares Price Direct (%) Indirect (%) Total (%)
Discussions
9 people like this. Showing 50 of 3,565 comments

mamatede

https://www.youtube.com/watch?v=mdlN3wXoGkQ&ab_channel=CNBC

Though Pchem is very profitable at the moment, lets go more ESG investing..hahqha

2022-01-30 16:17

Fabien _the efficient capital allocator

Plastic capitalism

2022-01-30 18:08

qqq3333

plastic capitalism but not easy to replace plastic.

2022-01-30 18:12

uncensored

qqq3333 see again you are talking nonsense. Forget to take your medicine. My goodness plastic Capitalism.

Hahaha hahaha hahaha

2022-01-30 19:32

enning22

capitalism origines from trade, without trading ,human society cannot exist. This is law of nature.
Please don't go against the law of nature. Off and on , still we witness fools, and madmen , go against the laws of nature.

2022-02-03 15:02

Fabien _the efficient capital allocator

Anticipating the potential impact in the event of a Ukraine conflict:

1) Oil prices could shoot up to above US$100/bbl barrel even to as high as US$125
2) Key commodities will be hit. One of those is fertilizers. Globally, 23% of ammonia, 17% of potash, 14% of urea and 10% of phosphates are shipped from Russia
3) Flight to safety. Expect risk assets to be sold off and funds inflow to drive up bond prices

2022-02-03 20:28

enning22

Ukraine conflict:,is a psychologic war game , playing with fear factor, and forcing countries to purchase and stock up oil at high price. Russia is one pf large oil producing country, benefitted from such event.

2022-02-04 11:50

Johnzhang

SINGAPORE : PetroChina has started a 33.9 billion yuan ($5.33 billion) programme to expand the petrochemical capacity at a subsidiary plant in northeast China and cut refined fuel production, according to a company post and state media report.

The state oil and gas major's move is in line with a trend within the Chinese industry to reduce fossil fuel output as demand is set to peak, while raising production of higher-value petrochemicals that are imported by the Asian country.
Under the revamp, PetroChina's Jilin Petrochemical Corp plans to add 21 more facilities - including a 1.2-million-tonnes-per-year (tpy) ethylene unit - and mothball seven units, parent company CNPC said on Wednesday, without providing further details.

The new facilities will also include a 600,000-tpy unit to manufacture acrylonitrile butadiene styrene (ABS), an impact-resistant plastic, local state newspaper Jilin Daily reported, without citing details on project completion.

After the revamp, the Jilin province-based subsidiary will produce 2.63 million tonnes less of refined fuel a year but 2.8 million tonnes more petrochemical

2022-02-09 14:31

Johnzhang

Above development is bad for Pchem. Good for Heng yuan and petronM

2022-02-09 14:32

Philip ( buy what you understand)

Why would it be bad? Pchem is servicing south east Asia with 12,800,000. While jilin total production is 6,780,000 TPA capacity. One is in North East China servicing China customers, the other is in South East Asia, serving the fastest growing populations in the world in Indonesia, Vietnam, Cambodia.

And more importantly, pchem profits is 50% from urea fertilizer serving the palm oil plantations... What did that have to do with Jilin?

2022-02-11 14:19

enning22

just buy and hold ,target price 20 ringgit,

2022-02-15 20:27

Philip ( buy what you understand)

All time high all time high, all time high.

2 months ago

investor2021trading

with CPO price above RM6000 per ton, d oil palm plantations will apply more Urea to increase ffb production! PetChem profits is 50% from urea fertilizer serving the palm oil plantations.

It now plans to use Urea produced from its wholly-owned Petronas Chemicals Fertiliser Kedah (PCFK) unit as feedstock to produce the melamine.

“This is a significant milestone for PCG (PetChem) and further strengthens its strategy of diversifying their product portfolio.

2 months ago

koey

waiting break 10 mark

2 months ago

guppycrow

Australian API discount on tapis crude benchmark index proxy vs apex sgx. Long term buy call.

2 months ago

investor2021trading

Based on our study, PetChem has the highest stock price correlation to Brent crude oil prices. If anything, given the recent strong rally in oil prices, we believe PetChem can serve as a trading proxy for investors looking for exposure to oil prices within the sector, noted Kenanga in a report last Friday.

2 months ago

James Ng

https://klse.i3investor.com/blogs/general/2022-03-01-story-h1599380605...
[??] [Video:??PETRONAS CHEMICALS GROUP BHD, PCHEM, 5183] - James?????James Share Investing

2 months ago

wallstreetrookie

A lot of people including myself missed out on Pchem. Wtf

2 months ago

investor2021trading

too late to buy! sold at a profit! now in boom raya!

2 months ago

meistsk3134

i buy petdag.. why omg

2 months ago

qqq3333

when pchem also can be red color.....u know its bad..........hahaha.

2 months ago

Philip ( buy what you understand)

What do you mean red colour? My pchem is up so much this year from 8 to 10.... And I still enjoy 46 cents dividends. And more to come as increase production capacity.

When you look at businesses to invest in during covid, you try your best to find business that need minimum manpower, and are commodity based industries as that will show the most price power during this period. Steel, aluminium, oil etc those are the building blocks for the downstream industries. Why pchem is so stable because the production is automated a lot

2 months ago

qqq3333

it must be bad when even Pchem also cannot hold...............

2 months ago

qqq3333

Pchem has every thing going for it..........Russia is a big producer of fertilisers. Plantations doing well, fertilizers surely do well. but none of that matters when things go bad for equity.

2 months ago

CUTLOST

Hipe will reach Rm15 soon

2 months ago

soon2795

What is EPF doing? same day buy same day sold.

2 months ago

soon2795

Oil Slumps With OPEC+ and Ukraine Headlines Sparking Huge Swings

https://www.bloomberg.com/news/articles/2022-03-08/oil-pushes-higher-a...

For those who wants to enter maybe hold your fund for a while first and look at the news.

2 months ago

Legend

Habis

2 months ago

awesome20

time to grab cheaper token

2 months ago

LouiseS

PETRONAS CHEMICALS: 东南亚最大的一家化工厂之一,值得投资吗?
PETRONAS CHEMICALS GROUP BERHAD 2021 年度财报分析
https://youtu.be/dQb4ccgp_v8

2 months ago

wallstreetrookie

Pchem: Large orders coming out from JPM

2 months ago

bang_miskin

Pchem fundamentally solid counter. Bought from RM8 in early 2021 and now slowly but surely climb to around RM10 once factoring dividend. Price doesn't go up very fast like tech, but if you buy and hold for long term, can sleep well at night.

2 months ago

zaleha

can pass 10 mark ?

1 month ago

enning22

Large order is from EPF.

1 month ago

investor2021trading

world shortages of fertilizers will augurs well for PetChem!
Other Development:
RECODA briefed by Sarawak Petchem on upcoming methanol production facility
We received a briefing today from Sarawak Petchem Sdn Bhd on the construction progress of a 120-acre mega methanol production facility next to the Sarawak Petrochemical Hub in Tanjung Kidurong, Bintulu, which serves as an ideal hub for energy-related development due to its access to feedstock, being the landing point of offshore gas fields and its close proximity to existing gas pipelines.

1 month ago

wallstreetrookie

Pchem will hit RM12.00 by July 2022

1 month ago

wallstreetrookie

Why are you all so obsessed with EPF?

1 month ago

wallstreetrookie

Orders from JPM were from foreign institutional clients.

1 month ago

suhaimi

break 10 mark follow join petdag petgas be brother

1 month ago

bang_miskin

Wow, crazy jump!

1 month ago

investor2021trading

KUALA LUMPUR (April 13): Petronas Chemicals Group Bhd (PetChem) fertilizer and methanol (F&M) supply tightness persisted amid the Russia-Ukraine conflict.

Maybank IB research analyst Anand Pathmakanthan said geopolitical turmoil in Ukraine continued to drive ASPs higher for most of PetChem's key products, with the F&M segment chalking record highs in March.

"Having already completed two major turnarounds this year and given its solid operational track record (more than 90% plant utilization since 2016), PetChem is set to benefit from the elevated ASPs for the rest of 2022," he said.

He maintained his "buy" call on PetChem, and revised up his target price to RM11.20 from RM11.

1 month ago

DickyMe

RM 7.68 coming soon.

1 month ago

New_Investor92

Feeling FOMO now, i was though this stock is overvalue because 2 warrants are going to expire soon i wonder there would be a pull back because the bank has to pay for the intrinsic value upon expiry. Even in glove warrant never once the bank paid after the expiry unless i miss out any. Should have purchased it earlier it seems.

Let see if it really hit RM 11.

1 month ago

bang_miskin

@New_Investor92 still not to late to buy a little bit. If it trends up, untung some, if it trends down, cut loss. Been holding Pchem for the past year, and partly covers losses in tech and gloves. Pretty good I'd say :)

1 month ago

stockraider

Buy lctitan much better loh!

1 month ago

New_Investor92

Can someone enlighten me on the expiry warrant? Why the intrinsic value isn't tally and i know the time value is going to be 0 which is the premium. E.g warrant PCHEM-C66 --> premium value (0) + intrinsic value( 2.1) =Rm2.1

However the price is 0.115.

1 month ago

GrowthCapitalist

@New_investor92
Strike Value : 8.2
Underlying Price : 10.30
Ratio : 18:1
Warrant value = time value + intrinsic value
Warrant Value = time value + [(10.30 - 8.20)/18] = ~0.115

Sorry i mistakenly given a wrong formula and just check under the indicator got value and plus those 2 items will do.

Cheers!

3 weeks ago

soon2795

Good news to PChem soon?

Petronas-Aramco refinery in Malaysia restarts after two-year closure — source
https://www.theedgemarkets.com/article/petronasaramco-refinery-malaysi...

1 week ago

Johnzhang

PChem’s businesses are in the downstream segment like polymer, methanol , urea etc
Fuel oil refining segment belongs to Petronas, the mother company.

1 week ago

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