PETRONM Stock Forum

Bursa Petron Malaysia is a refinery cum petrol station business. Many believes that electric vehicles would eventually disrupt the petrol station business. But I suspect that it is probable a decade away.
Does this mean that we should no consider investing in Petron Malaysia? Over the past 12 years, the company delivered an average return that was greater than its cost of funds. This is a financially sound company whose performance is affected by cru...

Good morning mooers! Here are things you need to know about today's market:
●US Treasury yields climb ahead of Fed meeting, stocks fall
●Opportunity to accumulate REIT stocks on appealing distribution yields
●Penang records country’s highest investment inflow in 2023
●Stocks to watch: Petronas, PetGas
-moomoo News MY
Wall Street Summary
Stocks fell on Friday, erasing weekly gains amid a sell-off in tech stocks tha...

Good morning mooers! Here are things you need to know about today's market:
●Nvidia Adds Record $277B to Market Cap, Pulls Market Higher
●Malaysia Records Total Approved Investments of RM329.5B in 2023, 23% Higher Than in 2022 – PM Anwar
●Malaysia's 5G Adoption Rate at 29.9%, Almost 10.07M Subscribers as of Jan 31
●Stocks to watch: YTL, YTL Power, Sime Darby
-moomoo News MY...

Good morning mooers! Here are things you need to know about today's market:
●The U.S. stock market was closed on Thanksgiving.
●Business confidence improves in 4Q - DoSM
●Stocks to watch: PetDag, TM, Genting, GenM
-moomoo News MY
Wall Street Summary
The U.S. stock market was closed on Thursday, November 24th for Thanksgiving Day.
Breaking News
Business confidence improves in 4Q - DoSM
Business confidence indicator increased by 3.2 p...

There are 2 Bursa companies in the service station sector – Petronas Dagangan and Petron Malaysia. The former is about double the size of the latter in terms of revenue. You may think that this may give Petronas Dagangan some advantage
But you can see from the chart below that Petron Malaysia is no pushover and is able to compete.
So which would you chose to invest from a fundamental perspective?

In my latest blog article, I covered Petron Malaysia 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 profitabili...