Highlights:
add free Download App
premium Premium Account
PETGAS (6033) : PETRONAS GAS BERHAD
Destiny
Member Star
Posts: 92
Joined: Dec 2011
Male, AFG
01 Jan 2012, 07:33 AMPost #1
Hopefully will maintain at 15.200 above....and they r still more room to grow...
Destiny
Member Star
Posts: 92
Joined: Dec 2011
Male, AFG
02 Feb 2012, 05:50 PMPost #2
Petronas Gas surge after fair value raised
 Publish date: Thu, 2 Feb 15:08   |    >> Read article in News website

 Back

PETGAS Petronas Gas Bhd surged to a record in Kuala Lumpur trading after the stock's so-called fair value was raised at AMMB Holdings Bhd to reflect rising demand for natural gas and the prospects of more gas plants in Malaysia.

Shares of the gas distributing arm of state oil company Petroliam Nasional Bhd, or Petronas, jumped as much as 12 per cent to RM17.50, the highest intraday price on record. They traded at RM16.06 at the 12:30 p.m. local time break. Petronas Gas is the third-best performer on the benchmark FTSE Bursa Malaysia KLCI Index today.

Petronas, which is building a $20 billion refining complex bordering Singapore, said in June it will construct a liquefied natural gas import and re-gasification terminal there. The oil and gas hub is aimed at complementing Malaysia's 10-year $444 billion program to build roads, railways and power plants.

"We remain positive on Petronas Gas due to the global shift from nuclear to natural gas for power generation," Alex Goh, an analyst at AMMB, wrote in a report today. The company will gain from the "multiple domestic re-gasification projects and expanding power generation ventures," he said. Goh raised his fair value for the stock to 17.62 ringgit from 15.30 ringgit and kept his "buy" rating.

Petronas and Tenaga Nasional Bhd., Malaysia's biggest power producer, are investing in a 300-megawatt gas plant and LNG terminal in eastern Sabah state, the Star newspaper reported today, citing Tenaga Chief Executive Office Che Khalib Mohd Noh. He couldn't be immediately available for comment when phoned at his office today, as he was out for a meeting.

Petronas Gas processes natural gas from offshore fields before being piped and delivered to power, industrial and commercial users. The company reported net income of 350.2 million ringgit ($116 million) for the second quarter ended Sept. 30. Revenue was 927.3 million ringgit. It gave no year-ago comparison after changing the company's fiscal year-end. -- Bloomberg


Destiny
Member Star
Posts: 92
Joined: Dec 2011
Male, AFG
02 Feb 2012, 05:51 PMPost #3
Wow...this counter this year gonna break outyeah
Destiny
Member Star
Posts: 92
Joined: Dec 2011
Male, AFG
22 Feb 2012, 05:42 PMPost #4
Yeahhh my dividend yeah
garlic
Member Star
Posts: 109
Joined: Feb 2013
Male, AFG
08 May 2013, 11:20 PMPost #5
super bull coming for a visit, pay attention to call warrant if you have limited bullets

Petgas-CH (C) current price : RM 0.075
Maturity Date 31/10/2013
Exercise/Strike/Conversion Price MYR 20.0000
Exercise/ Conversion Ratio 15 : 1
Premium(discount) : 3.1%
Gearing: 18.2

Catalyst -the long anticipated Malacca RGT already start operation, contributing positively to earning moving forward
garlic
Member Star
Posts: 109
Joined: Feb 2013
Male, AFG
08 May 2013, 11:21 PMPost #6
back up by KWAP & EPF, won't go too wrong on this index related counter
garlic
Member Star
Posts: 109
Joined: Feb 2013
Male, AFG
17 May 2013, 03:36 PMPost #7
if you guys bought Petgas-CH on 8/5/13 at RM0.075, today already double up your capital within 1 week time.....still, don't listen too much to my bullshit :)
LCCHONG
Member Star
Posts: 385
Joined: Jan 2014
Male, AFG
11 Feb 2014, 08:18 PMPost #8
PETGAS analysis - http://lcchong.wordpress.com/2014/02/11/petgasfundamental-analysis-11-feb-2014/
ymFR
Member Star
Posts: 13
Joined: May 2014
Male, AFG
04 Jun 2014, 08:10 PMPost #9
HOLYYYyeahyeahyeahyeahyeah
LCCHONG
Member Star
Posts: 385
Joined: Jan 2014
Male, AFG
16 Aug 2014, 02:10 PMPost #10
PETGAS analysis - https://lcchong.wordpress.com/2014/08/16/petgas-fundamental-analysis-16-aug-2014/
LCCHONG
Member Star
Posts: 385
Joined: Jan 2014
Male, AFG
10 Nov 2014, 09:05 PMPost #11
PETGAS analysis - http://lcchong.wordpress.com/2014/11/10/petgas-fundamental-analysis-10-nov-2014/
LCCHONG
Member Star
Posts: 385
Joined: Jan 2014
Male, AFG
04 Jan 2015, 11:30 PMPost #12
PETGAS analysis - http://lcchong.wordpress.com/2015/01/04/petgas-fundamental-analysis-4-jan-2015/
LCCHONG
Member Star
Posts: 385
Joined: Jan 2014
Male, AFG
23 Feb 2015, 08:40 PMPost #13
PETGAS analysis - https://lcchong.wordpress.com/2015/02/23/petgas-fundamental-analysis-23-feb-2015/
LCCHONG
Member Star
Posts: 385
Joined: Jan 2014
Male, AFG
15 May 2015, 10:08 PMPost #14
PETGAS Analysis - https://lcchong.wordpress.com/2015/05/15/petgas-fundamental-analysis-15-may-2015/
LCCHONG
Member Star
Posts: 385
Joined: Jan 2014
Male, AFG
05 Aug 2015, 09:09 PMPost #15
PETGAS Analysis - https://lcchong.wordpress.com/2015/08/05/petgas-fundamental-analysis-5-aug-2015/
LCCHONG
Member Star
Posts: 385
Joined: Jan 2014
Male, AFG
02 Nov 2015, 09:18 PMPost #16
PETGAS Analysis - https://lcchong.wordpress.com/2015/11/02/petgasfundamental-analysis-2-nov-2015/
LCCHONG
Member Star
Posts: 385
Joined: Jan 2014
Male, AFG
15 Mar 2016, 08:40 PMPost #17
PETGAS Analysis - http://wp.me/p17Hxk-2u2
LCCHONG
Member Star
Posts: 385
Joined: Jan 2014
Male, AFG
11 May 2016, 08:30 PMPost #18
PETGAS Analysis - https://lcchong.wordpress.com/2016/05/11/petgas-fundamental-analysis-11-may-2016/
LCCHONG
Member Star
Posts: 385
Joined: Jan 2014
Male, AFG
07 Sep 2016, 10:42 PMPost #19
PETGAS vs. Other Regulated Gas Companies – ROIC% https://lcchong.wordpress.com/2016/09/07/petgas-vs-other-regulated-gas-companies-roic/
LCCHONG
Member Star
Posts: 385
Joined: Jan 2014
Male, AFG
08 Sep 2016, 09:53 PMPost #20
PETGAS Analysis - https://lcchong.wordpress.com/2016/09/08/petgas-fundamental-analysis-11-may-2016-2/

yeah doh drool lol mad notworthy question rant rolleyes sad shutup shy smile star sweat thumbup wub cry


Close