Highlights
KLSE: PCHEM (5183)       PETRONAS CHEMICALS GROUP BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
5.85   -0.10 (1.68%)  5.60 - 5.90  5,285,900
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Overview

Market Cap: 46,800 Million
NOSH: 8,000 Million
Avg Volume (4 weeks):2,263,015
4 Weeks Range:5.53 - 6.15
4 Weeks Price Volatility (%):
51.61%
52 Weeks Range:4.00 - 7.80
52 Weeks Price Volatility (%):
48.68%
Average Price Target: 5.83
Price Target Upside/Downside: -0.02

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2020 [#2]  |  19-Aug-2020
Next QR | Est. Ann. Date: 30-Sep-2020  |  13-Nov-2020
T4Q P/E | EY: 29.53  |  3.39%
T4Q DY | Payout %: 2.05%  |  60.57%
T4Q NAPS | P/NAPS: 3.82  |  1.53
T4Q NP Margin | ROE: 10.34%  |  5.19%

Headlines

Date Subject
14-Oct-2015 Oil & Gas - Biden Win May be Negative for Oil
01-Mar-2015 热门股:国油石化 上挑RM5.80
30-Sep-2020 Petronas Chemicals Group - Stronger Fundamentals Ahead
18-Sep-2020 Oil & Gas - Energy Transition Amid Covid-19 Constraints
15-Sep-2020 PublicInvest Research Headlines - 15 Sept 2020
15-Sep-2015 Mplus Market Pulse - 15 Sep 2020
15-Sep-2014 Petronas Chemicals Group - Oxyalkylate Investment Supports Long-Term Growth
07-Oct-2014 Oil & Gas - Petronas' Loss Crimps Dividend Prospects
07-Sep-2020 PCHEM: Target Price Reduced to RM6.80 But Outperform Maintained
04-Sep-2020 Oil & Gas - Turning The Corner
02-Sep-2020 PETCHEM will ventures into Rubber Glove Industry
02-Sep-2020 PublicInvest Research Headlines - 2 Sept 2020
02-Sep-2020 Mplus Market Pulse - 2 Sep 2020
01-Sep-2020 PETCHEM 将进军橡胶手套行业
01-Sep-2020 Strategy - Malaysia: Transitioning from pandemic-themed to recovery-focused
25-Aug-2020 PublicInvest Research Headlines - 25 Aug 2020
21-Aug-2020 Petronas Chemicals- Weak Revenue and High Tax Drag on Earnings
21-Aug-2020 PChem - 2QFY20 - Results Review
21-Aug-2020 Petronas Chemicals - Subdued Product Prices a Bane on Earnings
21-Aug-2020 Mplus Market Pulse - 21 Aug 2020

Business Background

Petronas Chemicals Group Bhd manufactures and sells a variety of petrochemicals. The firm organizes itself into two segments based on product type: Olefins & Derivatives and Fertilizers & Methanol. The Olefins & Derivatives segment, which generates the majority of revenue, sells chemicals used in the production of acrylic acids, antifreeze, printing ink, dyes, gas treating solvents, personal care products, and plastics used in packaging films, wires, cables, and ducting. The Fertilizers & Methanol segment sells chemicals used in gasoline additives, plastic resins, ammonia, and fertilizers. The majority of revenue comes from Malaysia, China, and Indonesia.
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  8 people like this.
 
22/08/2020 1:09 AM
DreamKaiser walawey
22/08/2020 12:07 PM
DreamKaiser q2 profit 186 mil pun lagi 6 sen down kah
22/09/2020 12:08 PM
DreamKaiser susah la ini macam
16/09/2020 12:09 PM
AnaiAnai more IB come out with lower TP price. why? overvalued at current price. QR EPS 2sen only. what happen next QR also at same EPS? Is this worth RM6? maybe rm4 also possible?
22/08/2020 3:48 PM
AnaiAnai 5.98 now. whoever want 5sen dividend. price dropping more than 5sen by many times. not worth to wait for the dividend.
24/08/2020 2:57 PM
Sin Lee Good news, why share price drop?
https://www.thestar.com.my/business/business-news/2020/08/24/petchem-lg-chem-to-build-nitrile-butadiene-latex-plant
24/08/2020 2:18 PM
AnaiAnai Expanding again? New plant need how many years to complete? 3 yrs or more? more Capex than mean lesser dividend payout in the future with profit margin squeezed. better wait for lower price if you want buy and keep for longer term. more discount coming as no fund willing to buy except ASB?
24/08/2020 4:35 PM
AnaiAnai closed 5.95. down 20sen. 4x of 5sen dividend. worth to keep and wait for dividend?
24/08/2020 4:53 PM
izoklse Huraiii PETRONAS Chemical going for Gloves

PETALING JAYA: PETRONAS Chemicals Group Bhd (PetChem) and LG Chem will venture into the rubber glove industry and have inked an agreement to build a nitrile butadiene latex (NBL) manufacturing plant at Pengerang Integrated Complex (PIC) in Johor.

PetChem said in a press release that this facility will further help strengthen Malaysia’s position as the largest exporter of rubber gloves globally.

“Construction of the plant will begin in 2021 while production is scheduled to start in 2023. When completed, the plant will have an annual NBL production capacity of 200,000 tons, ” it said.
25/08/2020 5:26 PM
AnaiAnai red again. drop 15sen another 3x of 5sen dividend payout. now already drop 35sen 7x of dividend payout. See worth or not keep for the 5sen dividend?
26/08/2020 9:25 AM
financesharinghomie keep dropping, not worth keeping till dividend, u lose more than gain
26/08/2020 9:34 AM
financesharinghomie their "gloves" venture will only start production in 2023... u wait until neck long long also havent start make profit.
perhaps the gloves craze will very much be over by 2022 at most.
26/08/2020 9:35 PM
blood7 loves kavalan solist hi all, i have sold my Petchem long ago, so not here not ask people buy or sell or recommend anything... just want to highlight my observation on the article below... that is :-

PetChem as the biggest petrochemical company cannot produce and manufacture nitrile butadiene alone by itself? no money? no expertise? or not competitive?.... i think as investors we need to think about this.... perhaps discuss with Philip and seek his view? i think some people followed him to invest this counter....

on the other matter, looks like LG Chem is very good..... PetChem wants to work with them; they are the world's biggest EV battery producer and Tesla buys tonnes of batteries from them, i did recommend him LG Chem over Petchem before.... but anyway no point lah since it's not listed here we can't buy it here and also their share price already shoot up to the moon......


Posted by izoklse > Aug 25, 2020 5:26 PM | Report Abuse

Huraiii PETRONAS Chemical going for Gloves

PETALING JAYA: PETRONAS Chemicals Group Bhd (PetChem) and LG Chem will venture into the rubber glove industry and have inked an agreement to build a nitrile butadiene latex (NBL) manufacturing plant at Pengerang Integrated Complex (PIC) in Johor.

PetChem said in a press release that this facility will further help strengthen Malaysia’s position as the largest exporter of rubber gloves globally.

“Construction of the plant will begin in 2021 while production is scheduled to start in 2023. When completed, the plant will have an annual NBL production capacity of 200,000 tons, ” it said.
26/08/2020 2:24 PM
Choivo Capital Waiting for my RM5.5 to buy.
26/08/2020 2:04 PM
Choivo Capital hoho my price coming liao
28/08/2020 12:33 PM
Titan Even if their glove venture production can start tomorrow, it doesn't mean it is a good news to petchem. Check TG presentation report. Their raw material is almost the lowest in a decade. Same goes with plastic packaging company. That is why all plastic packaging company has return to profit. Not because the demand or sales increase. Revenue remain almost the same or may +10% but all of them reported profit due to cheap raw material. Hope by 2023, the chemical price gone up la. Anyway, i still park at 4.99.........hehe
28/08/2020 4:19 PM
AnaiAnai drop another 25sen. 5x of 5sen dividend. total 60sen already that is 12x of dividend payout. penny wise pound foolish.
28/08/2020 4:30 PM
investortrader88 done top up RM 5.49.good luck guys
28/08/2020 4:56 PM
genghis wow,who shot the sheriff..
28/08/2020 5:03 PM
tkl88 Wow, Amazing !
Oil price continue to spike up !
Brent=> $45.87 ‪(+0.27) (+0.59 percent) !‬
29/09/2020 4:37 PM
Mabel Now more motivation to hold PChem tighter..

Meow
30/08/2020 1:49 PM
Equityengineer buy in batches
01/09/2020 9:35 AM
oks911 RIP pchem....
01/09/2020 9:48 AM
financesharinghomie PCHEM is going below 5.00..
Seems like the market believes PCHEM is worth only 4.xx
Dont think this stock can perform at least for the next 6 months.
01/09/2020 9:59 AM
Equityengineer Dont think need 6 months, maybe 3 months should be ok, i will just collect in batches.
01/09/2020 10:19 AM
apalumau what was its IPO price? TQ....
01/09/2020 10:35 AM
hng33 Brent crude oil recovery will spur up petrochemical recovery from better profit margin forward.
01/09/2020 10:42 AM
Choivo Capital topped up abit.
01/09/2020 11:04 AM
Henry8833 At current price, it is worth investing. Bought some today. I think foreign funds have been selling lately and supported by local funds and some retail investors
01/09/2020 9:15 AM
ivan9511 Seem good to enter . Another good company can try see prtgas . Osk. Gasm malakof .mnrb . Cbip.ioic.
Ioip trop tenaga mbsb zhulian . Those companies are good.
Osk is my favourite now because too cheap
01/09/2020 7:06 PM
Nepo Falling knife..don't catch..
01/09/2020 10:45 PM
hng33 Pchemcial is good proxy for Petronas, benefited from recovery in crude oil. Strong balance sheet with net cash position + dividend policy 55% offer limited downside risk.
02/09/2020 9:44 AM
financesharinghomie bought some at 5.50, but i think it will still fall until year end.
maybe can average down if it reaches below 5
02/10/2020 2:59 PM
Fabien "The Efficient Capital Allocater" PCHEM is my largest holding. One for the long term, easily looking at 10 years down the road.

If it drops more, won't hesitate to add further.

Buy when no one wants it.
03/09/2020 9:03 PM
Jeffreyteck Mof... petronas profit is dependent on oil price.... like that everyone can be the ceo and bod? Lol
07/09/2020 8:48 AM
Mabel Today all sectors are down...

All having a period like me :(

Soon when my period subside all of them will turn GREEN..all of them

Meow Meow Meow
10/09/2020 12:04 AM
Nepo I have no counter that make me willing to top up.

How how..too baddddddd!
12/09/2020 12:17 PM
Booyeah https://jawplace.com/lotte-chemical-titan-a-turnaround-story/
30/09/2020 4:31 PM
pushparaj Sudden surge today. What is the excitement?
05/10/2020 5:16 PM
Tokay111 I am also curious all O&G drop today except for this one
05/10/2020 5:59 PM
investortrader88 good up today !
05/10/2020 6:26 PM
genghis uptrend.reach 6 already.
06/10/2020 9:58 AM
aezrin aduuh... i thought just a short stint yesterday so i sold this morning. Oh well at least i dint sell at lost
06/10/2020 10:07 AM
Mabel Oil and Gas Prices

The U.S. Energy Information Administration (EIA) provides an outlook on oil and gas prices from 2020 to 2050. It predicts crude oil prices will average $44 a barrel in the fourth quarter of 2020 and $49/b in 2021 for Brent

Meow
06/10/2020 7:03 PM
Mabel Oil prices are on course to climb 10 percent this week as Hurricane Delta shuts in over 90 percent of production in the Gulf of Mexico, leading some analysts to claim prices are set for a breakout.

Brent is now on target -USD 43.33

Meow
10/10/2020 11:31 AM
Choivo Capital I do wonder why pchem is not increasing as well, give that is a great business, and should post much better numbers this Q due to higher plastic prices.
19/10/2020 10:07 AM
Devilsadvocatee @Choivo It has gone up a little recently but unfortunately, Pengerang IC which will utilize Naphtha feedstock is not ready atm.. Natural Gas might not have the wide price spread as Naphtha -> PE/PP?
19/10/2020 12:52 PM
Choivo Capital they signed the natural gas contract a long time ago, and its fixed at a low price.

So it should be pretty good also.
20/10/2020 9:21 PM
Killsthebear BASF pchem hmmmm
23/10/2020 11:30 AM


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