Posted by DividendGuy67 > 2 months ago | Report Abuse

Mabel, good to hear you are able to reenter at 6.24. I bought at 6.01 but wasn't able to add anything at lower prices. Now just sitting still and nice to see today's price action to 6.50. Already nearly 2 year's dividend gains but price action is nice with nice potential for some bullish action ahead. Let monitor and see.

Posted by success2628 > 1 month ago |

Post removed.Why?

Posted by success2628 > 1 month ago |

Post removed.Why?

Posted by Mabel > 1 month ago | Report Abuse

DividendGuy67 Mabel, good to hear you are able to reenter at 6.24. I bought at 6.01 but wasn't able to add anything at lower prices. Now just sitting still and nice to see today's price action to 6.50. Already nearly 2 year's dividend gains but price action is nice with nice potential for some bullish action ahead. Let monitor and see.
20/07/2023 8:07 PM

Yes DividendGuy67..

So happy to reenter at RM 6.23. To be honest Mabel still hungry to collect more. Fortunately, the buying continues..

Now all we have to do is to enjoy the cruise...

To Our Success !

Captain Mabel Meow

Posted by troy88 > 1 month ago | Report Abuse

Rebound getting stronger..

Posted by success2628 > 1 month ago |

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Posted by pang72 > 1 month ago | Report Abuse

Mabel,
Your pchem looks like Pusing naik liao

Posted by pang72 > 1 month ago | Report Abuse

I think 7.5 is coming in days...meaning few day can touch because panic buying under value National Asset (Petronas Asset) by epf and FF

Posted by troy88 > 1 month ago | Report Abuse

Pchem oversold in the past few months. Rebound looks like on the way back to RM7+

Posted by pang72 > 1 month ago | Report Abuse

Yes.. Rm7+++

Posted by Mabel > 1 month ago | Report Abuse

pang72 Mabel,
Your pchem looks like Pusing naik liao
26/07/2023 10:01 AM

pang72 I think 7.5 is coming in days...meaning few day can touch because panic buying under value National Asset (Petronas Asset) by epf and FF
26/07/2023 10:08 AM

troy88 Pchem oversold in the past few months. Rebound looks like on the way back to RM7+
26/07/2023 10:12 AM

pang72 Yes.. Rm7+++
26/07/2023 10:38 AM

Indeed Guys, it's looking good!

To Our Success !

Captain Mabel Meow

Posted by limitupandsurewin88 > 1 month ago | Report Abuse

Oh My Goodness, Pchem now is traded at
RM6.98 +0.22 +3.25 %

Like that today Pchem definitely will
be break above RM7.00 already liao lah !

Posted by Mabel > 1 month ago | Report Abuse

Haha it has already breaches RM 7 today...

To Our Success !

Captain Mabel Meow

Posted by pang72 > 1 month ago | Report Abuse

Today is Petronas family day.
Petdagang, pchem, PETGAS in top 10 gainer

Posted by Mabel > 1 month ago | Report Abuse

Haha Great News today pang72!

Meow Meow Meow

Posted by troy88 > 1 month ago | Report Abuse

Solid rebound!

Posted by pang72 > 1 month ago | Report Abuse

Tmr up 25c then Friday up25c..

RM7. 50 first target..

Posted by Mabel > 1 month ago | Report Abuse

Today PCHEM dropped by 2.86%. It's an excellence opportunity for Mabel to collect more at RM 6.790..

To Our Success !

Meow Meow Meow

Posted by limitupandsurewin88 > 1 month ago |

Post removed.Why?

Posted by Sslee > 1 month ago | Report Abuse

Just look at Lctitan result and you know bad quarter result coming.

Posted by Diamond7 > 1 month ago | Report Abuse

Texchem down...
LCTITAN down..

PChem ??????????

Posted by Snake > 1 month ago | Report Abuse

Urea price shot up

Posted by DividendGuy67 > 1 month ago | Report Abuse

Avoid LCTITAN - it has its own issues with LINE, losses, and more borrowings needed till 2025.
I would prefer buying PCHEM dips as I think over the rest of this year and the next, we may (with say 50% chance) already seen the cycle low and we may now be on its next cycle up. Owning when its on its cycle up (if true) will prove rewarding. I am not selling what I bought at 6.01 because if that was indeed its cycle low then, buy and hold baby!

Posted by DividendGuy67 > 1 month ago | Report Abuse

If not sure how to tell cycle low and cycle high, just look at the price chart since 2010. It should be obvious when were the cycle lows and cycle highs. The challenge is to know how long these cycles last - sometimes, it looks like 2 years, sometimes shorter, sometimes longer, but market always alternates, meaning if the last cycle from Mar 2020 to May 2022 was the biggest and longest, then, the next one won't be so big i.e. for this cycle, I'm thinking maybe 1-2 years and maybe half the upside than last time (last time range was massive from 4+ to 11+; this time won't be anywhere like this is my guess).

Posted by rl68 > 1 month ago | Report Abuse

Average ROE of PChem for the past 10 years is 13%.
Source: klse.i3investor.com

Posted by Nepo > 1 month ago | Report Abuse

Let see how QR performance

Posted by limitupandsurewin88 > 1 month ago |

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Posted by NESARAJAH1 > 1 month ago | Report Abuse

At last. Holding on with 5 figure losses.

Posted by limitupandsurewin88 > 1 month ago |

Post removed.Why?

Posted by Mabel > 1 month ago | Report Abuse

Nice and lovely...

Meow Meow Meow

Posted by HafizAjiad98 > 1 month ago | Report Abuse

Berita bak. Petronas akan bekerjasama dgn Microsoft dan Cegal dlm infrastruktur AI

https://www.offshore-technology.com/news/petronas-microsoft-cegal/?cf-view

Posted by hhhiii123 > 1 month ago | Report Abuse

tomorrow open low or not, interesting

Posted by Mabel > 1 month ago | Report Abuse

#hhhiii123 tomorrow open low or not, interesting
22/08/2023 9:33 PM

PETRONAS Chemicals Group Berhad Declares First Interim Single Tier Dividend for Fiscal Year Ending 31 December 2023, Payable on 21 September 2023

PETRONAS Chemicals Group Berhad has declared a First Interim Single Tier Dividend for fiscal year ending 31 December 2023 of 8 sen per ordinary share. Ex-Date is 07 September 2023. Payment Date is 21 September 2023. Entitlement date is 08 September 2023.

When a company pays out a dividend, it signals that the company is profitable and has enough cash to distribute to its shareholders. However, the stock price usually drops by the amount of the dividend after the ex-dividend date. This is because new shareholders are not entitled to that payment.

Last year PCHEM as given us a Yield of 5.85% which is better than ASB. PETRONAS Chemicals Group Berhad is a dividend paying company with a current yield of 5.85% that is well covered by earnings. PCHEM's dividend (5.85%) is in the top 25% of dividend payers in the MY market (5.17%). This also means PCHEM's dividend payments are covered by its cash flows.

To Our Success !

Meow

Posted by Sslee > 1 month ago | Report Abuse

EPF is buying without it the price will drop. EPS of 8 cents and dividend of 8 cents is a poor quarter result.

Most likely 2H another 8 cents dividend so with Mabel' dividend Yield of 5.85% the fair price of Pchem is 0.16/0.0585= RM 2.735

Posted by Mabel > 1 month ago | Report Abuse

Haha No Issues Handsome Sslee..

Mabel holding cost is much lower...

Will collect more if it drops at that price..

Meow

Posted by HafizAjiad98 > 1 month ago | Report Abuse

Terus terjunam hari ni selepas Q2 yg tak baik keluar ...

Posted by Mabel > 1 month ago | Report Abuse

Actually very good closing at RM 6.81...with Dividend some more...

TA is giving a Target Price of RM 7.40..

What more can you ask?

Life is so beautiful..

Meow

Posted by Mabel > 1 month ago | Report Abuse

2Q23: Equally challenging

Despite some bright spots in the O&D segment (reduction in PIC start-up losses, improved production volumes), PCHEM had another sequentially difficult quarter, underpinned by unplanned F&M shutdowns and poor specialties performance. We revise our FY23/24E estimates lower by 18-24%, but believe the worst is likely over for PCHEM. Our TP is raised to MYR7.00 (+2%) and now pegged to 8x FY24E EV/EBITDA, at -0.5SD to PCHEMs LT Mean (from 6x FY24E EV/EBITDA, at -1SD to Mean previously).

Source: Mabel's Tiger Bank

Posted by Mabel > 4 weeks ago | Report Abuse

Haha back to RM 6.90...

Meow

Posted by Mabel > 3 weeks ago | Report Abuse

Warren Buffett has excelled in choosing businesses that have been able to stand the test of time through many economic cycles and raise their dividends to shareholders. Dividends may not be the Oracle of Omaha’s secret sauce, but they're a significant ingredient that keeps chugging cash into Berkshire’s account.

"Growth occurred every year, just as certain as birthdays. All Charlie [Munger] and I were required to do was cash Coke’s quarterly dividend checks" – Warren Buffett’s 2022 Annual Shareholder Letter

During his wealth-growth phase, Mr. Buffett sought after companies leading in their respective industry and those facing some trouble that he believed could be solved over time. He famously mentioned that the best time to buy a business is when it is on the operating table.

This is exactly what Mabel is doing, investing in companies leading in their respective industry (80%) and those facing some trouble that he believed could be solved over time (20%).

Warren Meow

Posted by Mabel > 3 weeks ago | Report Abuse

RM 7.16 oledi...

So Nice...

Meow

Posted by Mabel > 3 weeks ago | Report Abuse

RM 7.18 oledi

So Nice...

Meow

Posted by DividendGuy67 > 3 weeks ago | Report Abuse

I think next year, should challenge RM8 with 60% probability (i.e. more likely to happen, than not).

Posted by Mabel > 3 weeks ago | Report Abuse

#DividendGuy67 I think next year, should challenge RM8 with 60% probability (i.e. more likely to happen, than not).
29/08/2023 6:59 PM

Absolutely !

PCHEM did much better this year...

Upcoming dividend of RM0.08 per share at 5.8% yield

Eligible shareholders must have bought the stock before 07 September 2023.
Payment date: 21 September 2023.

Payout ratio is a comfortable 54% and the cash payout ratio is 76%.
Trailing yield: 5.8%.

Within top quartile of Malaysian dividend payers (5.1%).

In line with average of industry peers (5.5%).

To Our Success !

Meow

Posted by DividendGuy67 > 1 week ago | Report Abuse

7.43 closing. Nice.

Posted by cfphoenix > 5 days ago | Report Abuse

Time to start taking some profit :) More upside potential i.e. 8 - 9 by January.

Posted by Fabien _the efficient capital allocator > 4 days ago | Report Abuse

Oil will hit 100/bbl soon

Posted by speakup > 3 days ago | Report Abuse

yessssss more pressure on govt to remove petrol subsidy!

Posted by EatCoconutCanWin > 9 hours ago | Report Abuse

I buy in this one. Not sure ok or not. Anyone

Posted by EatCoconutCanWin > 6 hours ago | Report Abuse

Seem everyday up leh