Highlights
KLSE: PCHEM (5183)       PETRONAS CHEMICALS GROUP BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
7.15   0.00 (0.00%)  0.00 - 0.00  0
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Financials


Market Cap: 57,200 Million

Market Cap 57,200 Million
NOSH 8,000 Million

Latest Audited Result:  31-Dec-2018

Latest Audited Result: 31-Dec-2018
Announcement Date 29-Mar-2019
Next Audited Result: 31-Dec-2019
Est. Ann. Date: 29-Mar-2020
Est. Ann. Due Date: 28-Jun-2020

Latest Quarter:  31-Mar-2019 [#1]

Latest Quarter: 31-Mar-2019 [#1]
Announcement Date 24-May-2019
Next Quarter: 30-Jun-2019
Est. Ann. Date: 15-Aug-2019
Est. Ann. Due Date: 29-Aug-2019
QoQ | YoY   -37.59%  |    -24.69%

Annual (Unaudited) ( EPS: 62.00, P/E: 20.56 )

Revenue | NP to SH 19,576,000  |  4,979,000
RPS | P/RPS 244.70 Cent  |  4.23
EPS | P/E | EY 62.00 Cent  |  20.56  |  4.86%
DPS | DY | Payout % 32.00 Cent  |  2.52%  |  51.42%
NAPS | P/NAPS 3.81  |  2.31
YoY   19.20%
NP Margin | ROE 25.84%  |  16.34%
F.Y. | Ann. Date 31-Dec-2018  |  25-Feb-2019

T4Q Result ( EPS: 58.95, P/E: 12.13 )

Revenue | NP to SH 18,755,000  |  4,716,000
RPS | P/RPS 234.44 Cent  |  3.05
EPS | P/E | EY 58.95 Cent  |  12.13  |  8.24%
DPS | DY | Payout % 32.00 Cent  |  4.48%  |  54.28%
NAPS | P/NAPS 3.71  |  1.93
QoQ | YoY   -5.28%  |    19.48%
NP Margin | ROE 25.40%  |  15.89%
F.Y. | Ann. Date 31-Mar-2019  |  24-May-2019

Annualized Result ( EPS: 40.00, P/E: 17.83 )

Revenue | NP to SH 16,520,000  |  3,208,000
RPS | P/RPS 206.50 Cent  |  3.46
EPS | P/E | EY 40.00 Cent  |  17.83  |  5.61%
DPS | DY | Payout % -
NAPS | P/NAPS -
QoQ | YoY   -35.57%  |    -24.69%
NP Margin | ROE 19.69%  |  10.81%
F.Y. | Ann. Date 31-Mar-2019  |  24-May-2019


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Date Financial Result Financial Ratio Per Share Item Performance Valuation (End of Quarter) Valuation (Ann. Date)
F.Y. Ann. Date Quarter # Revenue PBT NP NP to SH Div Net Worth Div Payout % NP Margin ROE NOSH RPS Adj. RPS EPS Adj. EPS DPS Adj. DPS NAPS Adj. NAPS QoQ YoY EOQ Date EOQ Price EOQ P/RPS EOQ P/EPS EOQ P/NAPS EOQ EY EOQ DY ANN Date ANN Price ANN P/RPS ANN P/EPS ANN P/NAPS ANN EY ANN DY
31-Dec-2019 13-Aug-2019 30-Jun-2019 2 4,337,000 1,223,000 1,112,000 1,120,000 880,000 30,079,999 78.57% 25.64% 3.72% 8,000,000 54.21 54.21 14.00 14.00 11.00 11.00 3.7600 3.76   39.65%   -18.37% 28-Jun-2019 8.40 15.49 60.00 2.23 1.67% 1.31% 13-Aug-2019 7.25 13.37 51.79 1.93 1.93% 1.52%
31-Dec-2019 24-May-2019 31-Mar-2019 1 4,130,000 893,000 813,000 802,000 - 29,680,000 - % 19.69% 2.70% 8,000,000 51.63 51.63 10.00 10.00 0.00 0.00 3.7100 3.71   -37.59%   -24.69% 29-Mar-2019 9.16 17.74 91.37 2.47 1.09% 0.00% 24-May-2019 8.75 16.95 87.28 2.36 1.15% 0.00%
31-Dec-2018 25-Feb-2019 31-Dec-2018 4 5,062,000 1,477,000 1,299,000 1,285,000 1,440,000 30,479,999 112.06% 25.66% 4.22% 8,000,000 63.28 63.28 16.00 16.00 18.00 18.00 3.8100 3.81   2.23%   27.86% 31-Dec-2018 9.29 14.68 57.84 2.44 1.73% 1.94% 25-Feb-2019 9.13 14.43 56.84 2.40 1.76% 1.97%
31-Dec-2018 16-Nov-2018 30-Sep-2018 3 4,830,000 1,342,000 1,272,000 1,257,000 - 29,280,000 - % 26.34% 4.29% 8,000,000 60.38 60.38 16.00 16.00 0.00 0.00 3.6600 3.66   -8.38%   37.68% 28-Sep-2018 9.36 15.50 59.57 2.56 1.68% 0.00% 16-Nov-2018 9.40 15.57 59.82 2.57 1.67% 0.00%
31-Dec-2018 15-Aug-2018 30-Jun-2018 2 4,733,000 1,495,000 1,380,000 1,372,000 1,120,000 28,959,999 81.63% 29.16% 4.74% 8,000,000 59.16 59.16 17.00 17.00 14.00 14.00 3.6200 3.62   28.83%   42.32% 29-Jun-2018 8.41 14.22 49.04 2.32 2.04% 1.66% 15-Aug-2018 9.30 15.72 54.23 2.57 1.84% 1.51%
31-Dec-2018 21-May-2018 31-Mar-2018 1 4,951,000 1,336,000 1,107,000 1,065,000 - 27,360,000 - % 22.36% 3.89% 8,000,000 61.89 61.89 13.00 13.00 0.00 0.00 3.4200 3.42   5.97%   -17.76% 30-Mar-2018 8.26 13.35 62.05 2.42 1.61% 0.00% 21-May-2018 8.70 14.06 65.35 2.54 1.53% 0.00%
31-Dec-2017 20-Feb-2018 31-Dec-2017 4 4,740,000 1,322,000 1,049,000 1,005,000 1,200,000 27,840,000 119.40% 22.13% 3.61% 8,000,000 59.25 59.25 13.00 13.00 15.00 15.00 3.4800 3.48   10.08%   1.82% 29-Dec-2017 7.70 13.00 61.29 2.21 1.63% 1.95% 20-Feb-2018 8.10 13.67 64.48 2.33 1.55% 1.85%
31-Dec-2017 09-Nov-2017 30-Sep-2017 3 4,013,000 1,116,000 961,000 913,000 - 27,520,000 - % 23.95% 3.32% 8,000,000 50.16 50.16 11.00 11.00 0.00 0.00 3.4400 3.44   -5.29%   2.47% 29-Sep-2017 7.29 14.53 63.88 2.12 1.57% 0.00% 09-Nov-2017 7.37 14.69 64.58 2.14 1.55% 0.00%
31-Dec-2017 10-Aug-2017 30-Jun-2017 2 3,959,000 1,162,000 1,023,000 964,000 963,999 27,875,666 100.00% 25.84% 3.46% 8,033,333 49.28 49.49 12.00 12.05 12.00 12.05 3.4700 3.48   -25.56%   108.66% 30-Jun-2017 7.10 14.41 59.17 2.05 1.69% 1.69% 10-Aug-2017 7.03 14.26 58.58 2.03 1.71% 1.71%
31-Dec-2017 15-May-2017 31-Mar-2017 1 4,695,000 1,636,000 1,381,000 1,295,000 - 27,200,000 - % 29.41% 4.76% 8,000,000 58.69 58.69 16.00 16.00 0.00 0.00 3.4000 3.40   31.21%   118.75% 31-Mar-2017 7.70 13.12 47.57 2.26 2.10% 0.00% 15-May-2017 7.12 12.13 43.98 2.09 2.27% 0.00%
31-Dec-2016 20-Feb-2017 31-Dec-2016 4 3,947,000 1,173,000 1,033,000 987,000 960,000 27,040,000 97.26% 26.17% 3.65% 8,000,000 49.34 49.34 12.00 12.00 12.00 12.00 3.3800 3.38   10.77%   40.20% 30-Dec-2016 6.98 14.15 56.58 2.07 1.77% 1.72% 20-Feb-2017 7.48 15.16 60.63 2.21 1.65% 1.60%
31-Dec-2016 02-Nov-2016 30-Sep-2016 3 3,564,000 1,258,000 985,000 891,000 - 25,200,000 - % 27.64% 3.54% 8,000,000 44.55 44.55 11.00 11.00 0.00 0.00 3.1500 3.15   92.86%   -2.73% 30-Sep-2016 6.65 14.93 59.71 2.11 1.67% 0.00% 02-Nov-2016 7.00 15.71 62.85 2.22 1.59% 0.00%
31-Dec-2016 09-Aug-2016 30-Jun-2016 2 3,202,000 783,000 533,000 462,000 560,000 24,719,999 121.21% 16.65% 1.87% 8,000,000 40.03 40.03 6.00 6.00 7.00 7.00 3.0900 3.09   -21.96%   -17.06% 30-Jun-2016 6.61 16.51 114.46 2.14 0.87% 1.06% 09-Aug-2016 6.60 16.49 114.29 2.14 0.88% 1.06%
31-Dec-2016 09-May-2016 31-Mar-2016 1 3,147,000 896,000 671,000 592,000 - 24,159,999 - % 21.32% 2.45% 8,000,000 39.34 39.34 7.00 7.00 0.00 0.00 3.0200 3.02   -15.91%   -2.15% 31-Mar-2016 6.71 17.06 90.68 2.22 1.10% 0.00% 09-May-2016 6.11 15.53 82.57 2.02 1.21% 0.00%
31-Dec-2015 23-Feb-2016 31-Dec-2015 4 3,449,000 912,000 791,000 704,000 800,000 24,799,999 113.64% 22.93% 2.84% 8,000,000 43.11 43.11 9.00 9.00 10.00 10.00 3.1000 3.10   -23.14%   40.80% 31-Dec-2015 7.27 16.86 82.61 2.35 1.21% 1.38% 23-Feb-2016 7.07 16.40 80.34 2.28 1.24% 1.41%
31-Dec-2015 03-Nov-2015 30-Sep-2015 3 3,642,000 1,225,000 990,000 916,000 - 24,159,999 - % 27.18% 3.79% 8,000,000 45.53 45.53 11.00 11.00 0.00 0.00 3.0200 3.02   64.45%   38.58% 30-Sep-2015 6.14 13.49 53.62 2.03 1.86% 0.00% 03-Nov-2015 6.50 14.28 56.77 2.15 1.76% 0.00%
31-Dec-2015 07-Aug-2015 30-Jun-2015 2 3,305,000 853,000 638,000 557,000 640,000 23,440,000 114.90% 19.30% 2.38% 8,000,000 41.31 41.31 7.00 7.00 8.00 8.00 2.9300 2.93   -7.93%   0.36% 30-Jun-2015 6.32 15.30 90.77 2.16 1.10% 1.27% 07-Aug-2015 6.28 15.20 90.20 2.14 1.11% 1.27%
31-Dec-2015 07-May-2015 31-Mar-2015 1 3,140,000 843,000 672,000 605,000 - 22,799,999 - % 21.40% 2.65% 8,000,000 39.25 39.25 8.00 8.00 0.00 0.00 2.8500 2.85   21.00%   -19.23% 31-Mar-2015 5.64 14.37 74.58 1.98 1.34% 0.00% 07-May-2015 5.85 14.90 77.36 2.05 1.29% 0.00%
31-Dec-2014 18-Feb-2015 31-Dec-2014 4 3,901,000 778,000 570,000 500,000 640,000 22,719,999 128.00% 14.61% 2.20% 8,000,000 48.76 48.76 6.00 6.00 8.00 8.00 2.8400 2.84   -24.36%   11.11% 31-Dec-2014 5.45 11.18 87.20 1.92 1.15% 1.47% 18-Feb-2015 5.39 11.05 86.24 1.90 1.16% 1.48%
31-Dec-2014 06-Nov-2014 30-Sep-2014 3 3,549,000 899,000 732,000 661,000 - 22,079,999 - % 20.63% 2.99% 8,000,000 44.36 44.36 8.00 8.00 0.00 0.00 2.7600 2.76   19.10%   4.09% 30-Sep-2014 6.24 14.07 75.52 2.26 1.32% 0.00% 06-Nov-2014 6.11 13.77 73.95 2.21 1.35% 0.00%
31-Dec-2014 11-Aug-2014 30-Jun-2014 2 3,341,000 782,000 585,000 555,000 640,000 22,079,999 115.32% 17.51% 2.51% 8,000,000 41.76 41.76 7.00 7.00 8.00 8.00 2.7600 2.76   -25.90%   -42.07% 30-Jun-2014 6.77 16.21 97.59 2.45 1.02% 1.18% 11-Aug-2014 6.66 15.95 96.00 2.41 1.04% 1.20%
31-Dec-2014 08-May-2014 31-Mar-2014 1 3,806,000 1,092,000 839,000 749,000 - 21,520,000 - % 22.04% 3.48% 8,000,000 47.58 47.58 9.00 9.00 0.00 0.00 2.6900 2.69   66.44%   -32.22% 31-Mar-2014 6.91 14.52 73.81 2.57 1.35% 0.00% 08-May-2014 6.79 14.27 72.52 2.52 1.38% 0.00%
31-Dec-2013 10-Feb-2014 31-Dec-2013 4 3,349,000 586,000 498,000 450,000 960,000 21,760,000 213.33% 14.87% 2.07% 8,000,000 41.86 41.86 6.00 6.00 12.00 12.00 2.7200 2.72   -29.13%   -50.11% 31-Dec-2013 6.92 16.53 123.02 2.54 0.81% 1.73% 10-Feb-2014 6.75 16.12 120.00 2.48 0.83% 1.78%
31-Dec-2013 07-Nov-2013 30-Sep-2013 3 3,527,000 925,000 712,000 635,000 - 21,280,000 - % 20.19% 2.98% 8,000,000 44.09 44.09 8.00 8.00 0.00 0.00 2.6600 2.66   -33.72%   -14.42% 30-Sep-2013 6.85 15.54 86.30 2.58 1.16% 0.00% 07-Nov-2013 7.10 16.10 89.45 2.67 1.12% 0.00%
31-Dec-2013 22-Aug-2013 30-Jun-2013 2 3,872,000 1,386,000 1,059,000 958,000 640,000 21,280,000 66.81% 27.35% 4.50% 8,000,000 48.40 48.40 12.00 12.00 8.00 8.00 2.6600 2.66   -13.30%   12.05% 28-Jun-2013 6.62 13.68 55.28 2.49 1.81% 1.21% 22-Aug-2013 6.50 13.43 54.28 2.44 1.84% 1.23%
31-Dec-2013 27-May-2013 31-Mar-2013 1 4,455,000 1,651,000 1,236,000 1,105,000 - 21,440,000 - % 27.74% 5.15% 8,000,000 55.69 55.69 14.00 14.00 0.00 0.00 2.6800 2.68   22.51%   8.44% 29-Mar-2013 6.41 11.51 46.41 2.39 2.15% 0.00% 27-May-2013 6.48 11.64 46.91 2.42 2.13% 0.00%
31-Dec-2012 25-Feb-2013 31-Dec-2012 4 4,379,000 819,000 988,000 902,000 1,120,000 20,319,999 124.17% 22.56% 4.44% 8,000,000 54.74 54.74 11.00 11.00 14.00 14.00 2.5400 2.54   21.56%   22.72% 31-Dec-2012 6.40 11.69 56.76 2.52 1.76% 2.19% 25-Feb-2013 6.25 11.42 55.43 2.46 1.80% 2.24%
31-Dec-2012 27-Nov-2012 30-Sep-2012 3 3,935,000 1,030,000 795,000 742,000 - 20,079,999 - % 20.20% 3.70% 8,000,000 49.19 49.19 9.00 9.00 0.00 0.00 2.5100 2.51   -13.22%   -35.42% 28-Sep-2012 6.40 13.01 69.00 2.55 1.45% 0.00% 27-Nov-2012 6.09 12.38 65.66 2.43 1.52% 0.00%
31-Dec-2012 28-Aug-2012 30-Jun-2012 2 3,896,000 1,235,000 933,000 855,000 640,000 19,360,000 74.85% 23.95% 4.42% 8,000,000 48.70 48.70 11.00 11.00 8.00 8.00 2.4200 2.42   -16.09%   16.01% 29-Jun-2012 6.47 13.29 60.54 2.67 1.65% 1.24% 28-Aug-2012 6.53 13.41 61.10 2.70 1.64% 1.23%
31-Dec-2012 31-Mar-2012 1 4,389,000 1,466,000 1,121,000 1,019,000 - - - % 25.54% - % 8,000,000 54.86 54.86 13.00 13.00 0.00 0.00 - -   0.00%   9.33% 30-Mar-2012 6.74 12.29 52.91 0.00 1.89% 0.00% 0.00 0.00 0.00 0.00 0.00% 0.00%
31-Dec-2012 28-May-2012 01-Jan-2012 1 4,389,000 1,466,000 1,121,000 1,019,000 - 18,733,923 - % 25.54% 5.44% 7,838,461 55.99 54.86 13.00 12.74 0.00 0.00 2.3900 2.34   38.64%   - % 30-Dec-2011 6.20 11.07 47.69 2.59 2.10% 0.00% 28-May-2012 6.70 11.97 51.54 2.80 1.94% 0.00%
31-Dec-2011 27-Feb-2012 31-Dec-2011 4 3,904,000 1,139,000 826,000 735,000 653,333 20,498,333 88.89% 21.16% 3.59% 8,166,666 47.80 48.80 9.00 9.19 8.00 8.17 2.5100 2.56   -36.03%   -15.90% 30-Dec-2011 6.20 12.97 68.89 2.47 1.45% 1.29% 27-Feb-2012 6.90 14.43 76.67 2.75 1.30% 1.16%
31-Dec-2011 22-Nov-2011 30-Sep-2011 3 4,638,000 1,700,000 1,272,000 1,149,000 656,571 20,517,857 57.14% 27.43% 5.60% 8,207,142 56.51 57.98 14.00 14.36 8.00 8.21 2.5000 2.56   55.90%   128.43% 30-Sep-2011 5.56 9.84 39.71 2.22 2.52% 1.44% 22-Nov-2011 5.94 10.51 42.43 2.38 2.36% 1.35%
31-Dec-2011 26-Aug-2011 30-Jun-2011 2 3,345,000 1,058,000 814,000 737,000 - 20,799,777 - % 24.33% 3.54% 8,188,888 40.85 41.81 9.00 9.21 0.00 0.00 2.5400 2.60   -20.92%   - % 30-Jun-2011 7.09 17.36 78.78 2.79 1.27% 0.00% 26-Aug-2011 6.03 14.76 67.00 2.37 1.49% 0.00%
31-Mar-2011 26-May-2011 31-Mar-2011 4 4,353,000 1,298,000 1,160,000 932,000 1,475,666 19,106,000 158.33% 26.65% 4.88% 7,766,666 56.05 54.41 12.00 11.65 19.00 18.45 2.4600 2.39   - %   5.79% 31-Mar-2011 7.24 12.92 60.33 2.94 1.66% 2.62% 26-May-2011 7.16 12.77 59.67 2.91 1.68% 2.65%
31-Dec-2011 01-Jan-2011 1 - - - - - - - % - % - % 728,333,349 - - - - - - - -   - %   - % 30-Dec-2010 5.52 0.00 0.00 0.00 0.00% 0.00% 0.00 0.00 0.00 0.00 0.00% 0.00%
31-Mar-2011 24-Feb-2011 31-Dec-2010 3 3,898,000 1,275,000 999,000 874,000 - 1,704,299,975 - % 25.63% 0.05% 728,333,349 0.54 48.73 0.12 10.93 0.00 0.00 2.3400 213.04   73.76%   159.35% 30-Dec-2010 5.52 1,031.40 4,600.00 2.36 0.02% 0.00% 24-Feb-2011 6.21 1,160.33 5,175.00 2.65 0.02% 0.00%
31-Mar-2011 29-Nov-2010 30-Sep-2010 3,170,000 704,000 572,000 503,000 - 14,155,857 - % 18.04% 3.55% 7,185,714 44.12 39.63 7.00 6.29 0.00 0.00 1.9700 1.77   - %   -8.88% 0.00 0.00 0.00 0.00 0.00% 0.00% 29-Nov-2010 5.40 12.24 77.14 2.74 1.30% 0.00%
31-Dec-2010 30-Jun-2010 - - - - - - - % - % - % 7,341,666 - - - - - - - -   - %   - % 0.00 0.00 0.00 0.00 0.00% 0.00% 0.00 0.00 0.00 0.00 0.00% 0.00%
31-Mar-2010 31-Mar-2010 4 3,996,000 1,322,000 963,000 881,000 - 17,179,499 - % 24.10% 5.13% 7,341,666 54.43 49.95 12.00 11.01 0.00 0.00 2.3400 2.15   161.42%   - % 0.00 0.00 0.00 0.00 0.00% 0.00% 0.00 0.00 0.00 0.00 0.00% 0.00%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.


NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ Δ & YoY Δ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.


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  8 people like this.
 
titus Was waiting for the presentation transcript but not out yet. But the Q3 outlook on presentation pack, most product range-bound or neutral and polymer and methanol expected to fall. Also, Becky mentioned that they have built up inventory in anticipation of Q3 shutdown. Meaning, if compare today, they have bought their feedstoock at a higher price\. It was reported that brent was on average at $66 and if brent keeps on going down which is now below 60, does that means that their ASP will be lower for all Q3 sales? Also, the maintenance not only affects production but Q3 will have a higher maintenance cost.
14/08/2019 8:49 AM
Becky123 Titus, I think you should know better that their feedcosts is considered fixed already LT agreement petronas. Again, ASP has start to rebound.
14/08/2019 8:53 AM
titus Thnaks Becky but was not aware of the feedcosts is fixed. But having fixed cost is also not necessary a good thing. If like our ron95 fixed at a price and whent brent down, it does not gain from the drop but of course if brent goes up alot, it benefit alot. Anyway, for myself, i will just wait further because i don't have deep pocket like Philip.....lol.....
If it rebound, i be happy as well........
14/08/2019 9:23 AM
risktransformer PCHEM struggling to maintain RM7.30+ with very low volume (2 million)..... looks like the QR is not doing a convincing job.
14/08/2019 3:16 PM
kingb Changing hand.
14/08/2019 3:50 PM
mobidick Rapid facility expecting to start operation in Q4, im thinking to reenter now before institutional investor go in and make it too high entry price, but still concern about the maintenance and plant shutdown and whether the inventory pile up is enough to cover the duration. Confusing and afraid of trump factor too..
15/08/2019 12:56 AM
mobidick Whoosh, lucky did not enter, Red sea.
15/08/2019 9:54 AM
risktransformer Sell down accelerating!!
15/08/2019 10:19 AM
Ncm88 Up 1 day, down 7 days hahah
15/08/2019 10:32 AM
prince4 US-CHINA Trade War market uncertain, local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling midcap stocks for make money so now no prospects cannot buy and hold .
TOP volume all low prices stocks.This is a opportunity ,markets money now flows in cheaper stocks. sharks now start goreng lows price stock at bottom..
15/08/2019 10:40 AM
titus Red sea means buy la.....be like Philip......is on buying spree....hehe...
As for myself, i'm not adding position yet. I waiting either it breaks RM7 or nearer to Q3 report. I read HLIB analyst report. Brent oil indeed has a big influence on Pchem profit. Furthermore, Rapid only will contribute an additional 15% to total PCHEM growth (If not mistaken la) and becky was right, most of the feedcost is fixed ie; on contract but with downtrend of brent, it does not benefit Pchem. Furthermore, with Rapid coming online, Pchem need to pay 50% of the market price for the feedstk from Petronas-Aramco JV. Pls dun shoot me as my knowledge is veeery limited and my understanding of the report might be flaws.
15/08/2019 10:51 AM
Shinnzaii let see fertilizer & urea demand in Q3 can minimize the impact or not...India rainfall season good encourage agriculture and demand of fertilizer and urea rise...hehe
15/08/2019 11:08 AM
titus fertiliser and urea contribute 35% of Pchem revenue.
15/08/2019 12:33 PM
calvintaneng If palm oil no good people will use less fertilizer

So pchem will be impacted

Better sell pchem and switch to Uzma

Why Uzma?

Because in bad times when oil price is down Petronas will dismantle and decommission oil platform and oil rigs

Currently Uzma is doing decommissioning for 16 oil rigs in South China Sea

Monsoon over so Uzma should see more monies rolling in

So now is the best time to sell Pchem before price crashes lower

Now is also the best time to buy Uzma before price surges up
15/08/2019 2:27 PM
kingb There's a big force pressing the price.
15/08/2019 4:08 PM
risktransformer Tomorrow may break below RM7.00 !!
15/08/2019 4:18 PM
mobidick wont break 7 i think, if u see market depth the support is huge at 7.17 will mostly trade range bound all the way until exdate div before falling.
15/08/2019 4:37 PM
Icon8888 Uzma very high gearing

Legacy problem from oil bust
15/08/2019 4:41 PM
enigmatic [Breaker of Speculative Investing] I agree with @mobidick.
RM7.17 has strong support today. Pchem may continue rising until ex-date. What a bargain for those wanting to buy at a cheap compared to few months ago!
15/08/2019 4:42 PM
Icon8888 Don't buy a stock saddled with debts

It can't go far with a yoke on its neck
15/08/2019 4:43 PM
titus What a load of BS....when price is down, petronas dismantle and decommission oil platform and rigs? Then price good, construct again? Hello. u think this are rumah kongsi. Can be dismantle in a day and put up a next day ah?

Also, fertiliser not only uses in palm oil la. Generally, more and more fertiliser is used because of argriculture land that has been used many cycles is dead. If not mistaken, fertiliser volume has been increasing but the average selling price has dropped.
15/08/2019 4:47 PM
enigmatic [Breaker of Speculative Investing] @titus, just ignore the troll/promoter. You post one reply, he will post 3 replies.
15/08/2019 4:50 PM
risktransformer Closed lower 11 sen on higher volume (double yesterday's volume).... not good signal.
15/08/2019 4:53 PM
dlau8899 Up down up ....play around 7.20 to 7.40
15/08/2019 5:13 PM
risktransformer Tomorrow we will know whether it is up down up play or down down play.... at the moment it looks more like a down down (more) play.
15/08/2019 5:21 PM
risktransformer Good morning everyone! By now I am almost definitely correct that it is a down & down (more) play..... going to break below RM7.00 soon.
16/08/2019 9:35 AM
ValarCuniasia Hahahaha sad for those who bought at RM9 hahaha
16/08/2019 10:05 AM
titus Managed to read thru the Q2 transcript. Takeaway from the briefing is Q1'19 is benchmarking against crude oil which is $71 while Q2 is $66. But the current quarter crude oil is around $60. So meaning the average selling price in Q3 will be lower than Q2. Also, they have build up inventory for the heavy turnaround maintenance. But the inventory can only last for 0.5 month to 1 month depending on the plant utilisation ie; if plant running at 100%, it can only last 0.5 month but if not mistaken some of the plants is expected to shut down between 40 to 50 days according to last Q analyst briefing.
16/08/2019 10:09 AM
Junichiro From a technical perspective, the strong pivot for Pchem lies at abt 6.85
16/08/2019 10:12 AM
titus I believed very hard for Pchem to break Rm7 because local fund is supporting the index. Pchem is the 5th largest weightage in KLCI index. The 1st top 3 have extremely high PE and therefore local fund can't buy too much to support the index or else it look ridiculously overvalued. So there is only little choices but to buy stock like PChem to support the index above 1600. Unless global market has very bad news or dow drop 1000 point for next 3 days, then there is a chance kua.....
16/08/2019 10:20 AM
ValarCuniasia Rm 6 is near
16/08/2019 11:19 AM
Ncm88 Up 1 day down 7 days, becky also cut loss alrdy
16/08/2019 11:23 AM
titus Lol.....Rm7 also haven break and you already daydreaming for Rm6. Anyway, I wish that your wishes will come true...
16/08/2019 11:28 AM
stockraider Yes better sell pchem & switch all to bland a much safer investment mah....bcos of margin of safety mah.....!!

Furthermore pchem margin and profit is falling due to overcapacity worldwide and product glut loh....!!

Posted by stockraider > Aug 16, 2019 11:20 AM | Report Abuse X

Vt deserve to be scolded bcos manipulating share price & taking advantage of shareholders like a sochai loh...!!

Even Bland move up little bit...VT still do not deserve any our applause mah, U think VT move u thep share price to benefit the minority meh ??

Bland share price move up bcos the market knew VT plan to privatise with already 85% Vt shareholding mah....thus share price move up bcos got margin of safety with fair value Rm 0.70 and active accumulation mah..!!

Should a Privatization announce tomorrow the minimum offer price should be rm 0.38 mah....at current price of rm 0.21, there are still huge profit available mah....!!

So take note...scold...scold...and fuck VT, but remember there are still alot of profit to be make loh....!!

U must not missed & to take advantage mah...!! Is time we take revenge mah....! It is still a buy loh...!!


Posted by rogers123 > Aug 16, 2019 10:08 AM | Report Abuse

Previously VT was scolded by all of u, not only himself but also his ancestors who r innocent. Now 360 degree change?

Posted by rogers123 > Aug 16, 2019 10:08 AM | Report Abuse

Wahlau ler
16/08/2019 11:29 AM
enigmatic [Breaker of Speculative Investing] I usually don't agree with holland king's approach, but I agree with "he that is down fears no fall"
16/08/2019 12:15 PM
ValarCuniasia I will wait for rm6 patiently
16/08/2019 1:15 PM
titus me too....and praying hard for it ........lol.....
16/08/2019 3:17 PM
risktransformer Somebody trying very hard to defend RM7.20, hehehe!!
16/08/2019 3:40 PM
freddiehero let it break
16/08/2019 3:42 PM
Chokhmah waiting below RM 7
16/08/2019 3:51 PM
titus because must make sure KLCI closing back at 1600 ma. So most probably epf or some local fund manager is buying back kua.....i think la....
16/08/2019 4:14 PM
jellyfish why the klci index need to be above 1600?
16/08/2019 4:19 PM
titus 1600 is KLCI index psychological level......
16/08/2019 4:40 PM
mobidick If must defend 1600 it wont be by using pchem with pricing 7++ they will go use other cheaper counter, like dialog only 3, mid cap company.
16/08/2019 4:51 PM
mobidick ok i take that back, i saw that 7.15, 17000 bid qty, yep someone defending.
16/08/2019 4:53 PM
titus Mob...can use dialog as well but Pchem or dialog still same. Pchem is 2x more expensive than dialog but Pchem is also 2x the weightage of dialog in KLCI. Meaning buy 1 pchem = buy 2 dialog. In terms of valuation, pchem cheaper coz dialog pe very high leh
16/08/2019 4:57 PM
risktransformer Too bad..... defending also drop: PCHEM dropped back to RM7.15 & KLCI dropped below 1,600 at 1,599.22!
16/08/2019 5:00 PM
titus oppss.....me wrg....close 1599.22.....below 1600........me bad...hehe....but close enuf to 1600???/hehe
16/08/2019 5:01 PM
titus Okla...session end......have a good weekend la everyone. Let see tonight any explosive news from US market or not......lol
16/08/2019 5:03 PM
kingb There will always be 'the day'. Usually after it stables for few days.
16/08/2019 5:49 PM