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Phillip. it has reached Rm 7.70 before and in 2017, it touches Rm 18!! With price increase. Tech Analysis will be bullish. For full year assuming Rm 2.50/ share. PE will be very low. Only have to be careful of hedging losses, which is hard to predict.
Ginger. results out after PetronM. Normally around 28 or 29/8/22. Today Tech Analysis, Rsi , Macd , Stochastics show good entry level after consolidation.. Vietnam s Binh Son n PetronCorp Phillipines all reported huge profit for Q2/22.
Ginger , Star on Sunday shows refining capacity is lacking !! Iraq. Vietnam, Indonesia building refineries. Perron Corp reported increased profit. HYuan refinery valued at US 5 bil or Rm 20 bil/ 300 mil shares !! Eps of Rm 1 can be achieved.