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  TakeProfits Dear SSLee, how do you rate Petron at this moment in time as an investment.? Thank you. Need Your astute analysis comment. 02/11/2023 6:24 PM  Zhuge_Liang Sslee, Please give your Q3 Sept 2023 result after Petronm Philippine announced Q3 result. Your forecast is always very accurate. Tq. 14/11/2023 10:09 AM  Sslee Sorry I just saw the comment in petronm. From Petron corp news Consolidated revenues for the first nine months stood at P587.3 billion albeit lower than the previous year’s P631.1 billion as prices corrected from their extraordinarily elevated levels last year due to the Russia-Ukraine conflict. While international prices started to rise again in the third quarter, the YTD September average of benchmark Dubai crude closed at almost $82 per barrel, still down 18 % from the same period in 2022. Despite recording lower revenues, the Group’s operating income rose by 64%, reaching P27 billion from 2022’s P16.5 billion driven largely by the strong volume growth. This improvement allowed the company to absorb the more than 50% increase in financing cost, ending the nine-month period with a consolidated net income of P9.5 billion, 16% higher than last year’s P8.2 billion. 14/11/2023 10:38 AM Sslee Should be good quarter 3 for petronm. When petron corp release it Q3 financial report in next few days then from petron corp Q3 net profit after tax attributed to non controlling shareholders you can work out what is Q3 net profit after tax for Petronm 14/11/2023 10:42 AM Sslee I trade on petronm. I bought for dividend and after dividend I sold most of my petronm. 14/11/2023 10:49 AM Zhuge_Liang Sslee, Thank you for your comments and good news. Please give your Q3 Sept 2023 result after Petronm Philippine announced Q3 result. 14/11/2023 10:52 AM Diamond7 Vow! Petronm moving up up up.. Must be excellent quarterly report coming! Give la bonus! 14/11/2023 4:24 PM dompeilee Luckily I retained 2 biji unlike some ppl who profess to be value investors but are just price gamblers 🤣 14/11/2023 5:15 PM sheldon Don't get too excited. They could be playing on your anticipation of a good quarterly to pump and dump. 14/11/2023 8:54 PM Sslee Petron corp q3 end 30/9/23 result out: Peso million Net income: 3,366 Attributable to: Equity holders of parent company: 3,102 Non contrlling interest: 264 Since Petron corp hold 73.4% Petronm hence Petronm income = Peso 264/0.266 =992.48 million AT 30/9/23 1 RM =12.07 Peso Q3 net profit= RM992.48/12.07= RM 82.227 million 15/11/2023 7:50 AM Dehcomic01 In my latest blog article, I covered Petron Malaysia ( https://www.youtube.com/watch?v=YrMdgjFHHaU ) and showed that it is not a value trap. My investment thesis can be summarized as • As of 30 Oct 2023, Petron Malaysia was trading at about half of its Asset Value and EPV. With the Asset Value about the same as the EPV, I have great confidence in the margin of safety. • The Group suffered due to the measures taken to control Covid-19. With this behind us, it should deliver better profitability. However, this was impacted by high crude oil prices. • The Group is financially sound and while there is the threat of the disruption of the petrol station business model, it is not imminent A comparison between the past decade ROE and share price trend showed a discrepancy. You can see that the market price has yet to reflect the improved ROE. Is this an investment opportunity? https://i.postimg.cc/5tR4njp0/Petron-M.png 20/11/2023 8:07 AM investor_lauzy Or perhaps the market sentiment for PETRONM is not good due to all the buzz ard EV and sustainability? 20/11/2023 12:49 PM Sslee Petronm Q3 EPS is 30.33 sen and price RM 4.64 Petdag Q3 EPS is 18.60 sen and price RM 22.86 23/11/2023 5:57 PM TakeProfits Happy to see these few days peyron share price up a bit. Wah now is 4.63... Real vely funny.. Petron EPs higher than petdg and Peyton no of shares may be lesser than petdg, but Petrons share price is so much lower. And IB dunno how they analyse that Petron price tgt is so low one. Haiz. Sslee, please do more for Petrons share price !! 24/11/2023 1:50 PM TakeProfits Dompilee, you mean 2 biji shares of Petron you retain. 2 biji is 2 shares or 100 X 2 oony arh... Soo little 24/11/2023 1:51 PM TakeProfits Why Petrons share price is so low is mindboggling compared to Petdg!! Sumting not right !!! 24/11/2023 1:55 PM sheldon Sslee - you're spot on again on Petron's income (give or take a few dollars)! Yes investors don't appreciate Petron which is why I advocate payment of large dividends 24/11/2023 2:03 PM dompeilee That's why I hold minimal stake as often as possible, even in the most well-run & solid companies, coz M'sians in general & Bursa are KOYAK when it comes to their reliability in generating daily income for me. Sold down to ZERO KLK several weeks back & only odd lots of PPB above $16 some months ago, & yes I only have 200 Petron left[costing me $4.58 btw], which on hindsight proved right for me since most of my sales were above $5 in '22 & '23. Pity the friend who lost his bet with me on the direction of the shr price by 9 cents & then illogically bought back what he sold 20 cents cheaper just b4 the dividend( I suspect so that the dividend would pay for the treat he was forced to give me) & is now stuck @ $4.93 until dunno when...😆 A stock that earned 30 cents last qtr only went up 3 cents on the news...the faithless & the poor cannot initiate a bull market! 25/11/2023 9:14 AM daretocutandchange don't care so much ,as long as dividend yeild have 5% ,pe low and must be patient.some times nobody know ? 25/11/2023 11:43 AM sheldon I'm losing RM2 per share as my average inventory of Petron shares = 6.64. But so far I'm not losing sleep over it. My loss does not consider the considerable amount of dividends received over the years. Also the prospect of possible future capital gains is giving me the excitement of living. 01/12/2023 4:19 AM sheldon I noticed that my usual Petron station was shut for god-knows-what for more than a day! Is that what you're referring to? 21/12/2023 7:45 AM 1288Go Sheldon, Thix Petron could do better. But really dunno what is management up yo.. Dividend only stable.. Share price hardly go up much when compared to other peer stocks as mentioned by SSLee.. 17/01/2024 6:23 PM 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 !! 17/01/2024 6:25 PM alyson97 Useless stock..... always take weeks to creep up to lose it all in 1 day 23/02/2024 7:45 PM 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 09/03/2024 10:22 PM  James_Bond If you witness how MSM rocketing up, this would happen to PetronM too! Cheers! 17/04/2024 3:59 PM James_Bond https://www.tradingview.com/symbols/NYMEX-D1N1!/ High crack spread translating good profit margin to petron m refineries! 17/04/2024 4:08 PM James_Bond https://www.malaymail.com/amp/news/malaysia/2024/04/17/rafizi-confirms-malaysia-will-go-ahead-with-cutting-down-on-petrol-subsidies-this-year/129243 17/04/2024 4:09 PM 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… 17/04/2024 6:51 PM James_Bond https://www.washingtonpost.com/national-security/2024/04/15/ukraine-russia-oil-refinery-attacks/ 18/04/2024 1:19 PM  | |
