PETRONAS CHEMICALS GROUP BHD

KLSE (MYR): PCHEM (5183)

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Last Price

7.05

Today's Change

-0.04 (0.56%)

Day's Change

6.99 - 7.09

Trading Volume

4,447,000

Financial

Hints :
Click the QoQ or YoY on table to view the QoQ or YoY Financial Result page.

Date
Financial Result
Financial Ratio
Per Share Item
Performance
Valuation (End of Quarter)
Valuation (Ann. Date)
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

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 & YoY figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.

Discussions
10 people like this. Showing 50 of 3,983 comments

dompeilee

On 24/2 I broke my own rule by re-purchasing the PChem I SOLD way back in 2021 @ way higher than my original cost of $5.11 in 2015, buying @ $7.44...but after receiving both '23 dividends, I ESCAPED from 60% of my reacquired stake @ $7.57 this morning!🤗

2023-10-16 10:04

Mabel

As usual, there is a lot to unpack from Malaysia’s Budget 2024 measures. Everyone’s attention was turned to the increase in the Sales and Services Tax from 6% to 8%. However, there are 3 announcements that will benefit Mabel Malaysia. Here are the Top 3 Beneficiary of Mabel Malaysia from the latest Budget 2024 measures:

*#1 Petronas Chemicals Group*

Good news for Petronas, more specifically for its Pengerang project in Johor. The government has proposed that the Pengerang Integrated Petroleum Complex (PIPC) area be turned into a development hub for the chemical and petrochemical sectors.

It plans to do so by introducing a tax incentive package in the form of a special tax rate or investment tax allowance. Hence, Petronas Chemicals Group (PCG) could stand to benefit from this being an integrated petrochemicals producer, while Petronas (the parent company) was the organisation behind the PIPC project.

Amid a decline in crude oil prices this year, PCG’s revenue has also declined by 6.8% to RM$14.7 billion in 1H 2023 from RM$15.8 billion in 2H 2022. Profits also followed suit with a decline of 51.2% to RM$1.2 billion from RM$2.4 billion over the same period.

In terms of valuation, PCG is trading at a PER of 16.7 times compared to the industry’s average of 30.6 times. Meanwhile, market analysts have PCG at an UNDERWEIGHT investment call, but this could soon change with the latest Budget 2024 measure announcements. It currently gives a dividend yield of 5.6%.

To Our Success !

Captain Mabel Meow

2023-10-18 08:18

Mabel

Mabel has locked her 1st Profits for PCHEM last Friday when the Golden Cross happened to fund her donation. Somehow rather find its way back to Mabel as the shares keep climbing steadily this week. It’s now trading above 20, 50, 100 and 200 Moving Averages. MACD signal is very bullish..

Petronas Chemicals Group Bhd said it will construct Asia's largest advanced chemical recycling plant in Pengerang, Johor, with a capacity of 33 kilotons per annum (ktpa). The plant is targeted to be operational by the first half of 2026..

To Our Success !

Captain Mabel Meow

2023-10-18 08:49

HafizAjiad98

Kutip sikit pd 7.47 : )

2023-10-19 12:13

Mabel

Good opportunity to collect more today...

2023-10-20 15:36

azrudin84

waiting 7.00 baru in.

2023-10-20 16:20

deric5721

What happened? Why dropped so much

2023-10-20 16:34

HafizAjiad98

Telah masuk tinggi saham ni...🙁

2023-10-25 09:42

TiGongPoPiPopi

Post removed.Why?

2023-10-30 14:20

nfl231

Can someone tell me why the intangible asset of PChem increased tremendously in the last year's auditors report as compared with 2021 accounts. ? Will this affect the profit and loss account and balance sheet ? OR is this an accounting tactic to increase the value of the Company ?

2023-11-01 17:08

Sslee

Chemical market overcapacity and weakening demand: a perfect storm
Following several years of significant investment in production capacity in China, a perfect storm is hitting the chemicals market, as increased global capacity meets weakening demand. The global oversupply of petrochemicals is expected to hit a record 218m tonnes in 20231 and China is continuing to add capacity, with almost 140m tonnes expected to come onstream in 2023, well in excess of previous years.

Against the backdrop of a worsening macroeconomic outlook and a strong US dollar, chemical market participants are having to contend with an unprecedented level of uncertainty within the industry.

2 months ago

James_Bond

PCHEM declared bad QR! Let’s short PCHEM till this battle ship sinks below 6!

2 months ago

Mabel

Haha please do...Mabel wang to reenter back...

If can get below RM 6 will be purrfect...

Meow

2 months ago

James_Bond

Your serbak ship had sunk! Meow still wan to drag more ppl to buried with you?! Goodness!

2 months ago

Mabel

Reenter Yesterday...

Nice to see it breaches RM 7 today

PCHEM is so Mabellous

Meow

2 months ago

Mabel

Haha RM 7.040 oledi...

2 months ago

Mabel

Haha RM 7.080 oledi...

2 months ago

Fabien _the efficient capital allocator

Long term bullish on oil. Bought Chevron

2 months ago

rl68

@Fabien _the efficient capital allocator, kindly share some data why you long on oil...

2 months ago

Fabien _the efficient capital allocator

Simply the supply demand dynamics over the long term. where do u think the trajectory is heading towards? short term, is anyone guess....economic recession, slowing demand, geopolitical risk, ....artificially suppressed prices by US (2024 election coming)....but over the long term..its a fair bet that the supply demand equation is bias towards higher oil price

there is no substitute for crude oil in terms of energy efficiency and density. the fact is, there are many use case especially in transportation where it is impossible to replace oil as fuel of choice. coupled with the fact that transitioning into renewable energy requires more oil needs than ever. you can read the book "How the World Really Works" by Vaclav Smith where u get all the data supporting this fact

The world still have plenty of oil, yet the supply has been very tightened. oil producers have been incentivised enough by markets or governments to incur new capex for explorations. bank financing has been restrictive or non-existent due to ESG concerns. a case in point, take a look at US shale production....long term secular decline. the certainty is the global supply is very very tight and this tilts the balance of risk towards higher oil price

2 months ago

cfphoenix

PCHEM 7.80 by mid January :)

2 months ago

rl68

@Fabien _the efficient capital allocator, thanks

2 months ago

Fabien _the efficient capital allocator

Fears of higher oil prices after Red Sea attacks - Attacks on commercial ships in the Red Sea risk pushing up the price of oil and other goods, analysts have warned.

Several firms have paused shipments through the route after vessels were attacked by Houthi rebels in Yemen.

The world's second largest shipping line, Maersk, said on Tuesday that it would reroute some of its vessels around Africa's Cape of Good Hope.

Deja vu? Yes, because similar incident happened back in 2021
Suez Canal blockage - The massive cargo ship Ever Given has completely blocked the Suez Canal, a vital trade passageway for as much as 12% of the world’s seaborne trade. A prolonged blockage could lead to “significant disruptions to global trade, skyrocketing shipping rates, further increase of energy commodities, and an uptick in global inflation,” JPMorgan warned.

2 months ago

HafizAjiad98

Sentiment of oil market slowly timbul. Tengok harga minyak mampu naik sampai ke $100/barrel tak...

2 months ago

Mabel

Haha don't worry...Santa is cuming to town..

NEW YORK (Dec 23): Wall Street is counting on the so-called Santa Claus Rally to bring record highs as markets close out 2023 with strong gains. The S&P 500 is up over 4% in December alone and has risen 24% this year, bringing it within 1% of a new all-time high. The benchmark index is also on track for its eighth straight positive week.

If history is any indication, that momentum is likely to continue in the short term. The end of the year tends to be a strong period for stocks, a phenomenon dubbed the “Santa Claus Rally”. The S&P 500 on average has gained 1.3% in the last five days of December and first two days of January, according to data from the Stock Trader's Almanac going back to 1969. Those gains have been pinned on reasons varying from buying before the new year following tax-related sales to general holiday hopefulness.

This year, optimism is high. The Federal Reserve (Fed) surprised investors earlier in December by signaling that its historic monetary policy tightening is likely over and projecting rate cuts into 2024, following signs that inflation is continuing to moderate. Data on Friday supported that trend, showing annual US inflation, as measured by the personal consumption expenditures price index, slowed further below 3% in November.

Bursa Malaysia is anticipated to stage a rebound next week, buoyed by continuous support from foreign funds and improving economic conditions. From a technical perspective, the FTSE Bursa Malaysia KLCI (FBM KLCI) failed to surpass the critical resistance level of 1,465 despite a few attempts, followed by four consecutive days of decline and broke below the 20-day exponential moving average (EMA) on Friday. However, as the index has managed to hold above its 50-day EMA, the odds of an upside move are increasing. Hence, we believe the benchmark index is still in a consolidation mode with a slight positive bias.

As such, we anticipate the benchmark index to trend within the 1,450-1,470 range for next week, with immediate support at 1,450 followed by 1,440. On a Friday-to-Friday basis, the FBM KLCI fell 7.87 points to end the week at 1,454.38 versus 1,462.25 a week ago.

Meow

1 month ago

Mabel

As tonight is on the Charismas Eve, Santa loads his sleigh with toys and flies around the world, drawn by eight reindeer, stopping at each child’s house. This year he decided to change his reindeer with 8 Bulls. He will slides down the chimney and leaves the gifts, refreshing himself with the milk and cookies left for him by the household’s children.

He is usually depicted as a jolly, white-bearded man wearing a red suit and a hat. He is also known for his hearty laugh, often rendered as “ho, ho, ho” . Santa reminded Mabel of Sifu Mickey with his femes Ho Ho Ho...

Enjoy your holidays guys and gals...

Captain Mabel Meow

1 month ago

HafizAjiad98

Santa punya sleigh tambah minyak Petronas juga, hehhehe

1 month ago

Mabel

Haha PChem so steady..

Meow Meow Meow

1 month ago

HafizAjiad98

Patut steady, jika tak, ekonomi Malaysia akan terjejas

1 month ago

HafizAjiad98

Harga lelong hari ni. Masuk sikit @ 6.94

1 month ago

Sslee

Huge pressure to close petrochemical plants as global overcapacity grows
Will Beacham

07-Nov-2023

BARCELONA (ICIS)–As waves of new capacity come onstream in China and the Middle East, stagnant demand growth and falling margins are increasing pressure on chemical companies to permanently close older facilities.

Wave of oil-to-chemicals projects will flood market
Global operating rates forecast at 80% to 2030, from 88% long term average
Huge pressure on non-integrated/high-cost facilities to close
More plant closures could be driven by high costs, low demand, decarbonization
High closure costs include environmental cleanup, redundancy payments
Upstream integration to refineries prevents closures
Chemical industry could reinvent itself as service provider
Q3 Europe margins low or negative
Q4 margins improve as oil prices fall
No sign of improvement in downstream demand

1 month ago

Sslee

Following several years of significant investment in production capacity in China, a perfect storm is hitting the chemicals market, as increased global capacity meets weakening demand. The global oversupply of petrochemicals is expected to hit a record 218m tonnes in 20231 and China is continuing to add capacity, with almost 140m tonnes expected to come onstream in 2023, well in excess of previous years.

Against the backdrop of a worsening macroeconomic outlook and a strong US dollar, chemical market participants are having to contend with an unprecedented level of uncertainty within the industry.

1 month ago

HafizAjiad98

Masuk sikit lagi hari ini @ 6.86

1 month ago

Mabel

Revenue and Earning Consistent High Growth in the past 3 years
Debt Level Low Long Term Debt

EPS 0.8
BVPS 4.88
DPS 0.41

Time to collect this Gems

1 month ago

HafizAjiad98

Tinggal tak byk duit utk masuk hari ni 😥 Terus tunggu 6.50 dan sapu

1 month ago

Mabel

Yesterday Mabel collected at 6.7 today so nice oledi..

Now also waiting at 6.5...

1 month ago

HafizAjiad98

Sama-sama kita untung dr Pchem, Mabel 🤗

1 month ago

Mabel

HafizAjiad98 Sama-sama kita untung dr Pchem, Mabel 🤗
22/01/2024 7:30 PM

Yes Hafiz, PCHEM has been a darling...

Nowadays everybody is chasing for YTLPOWER. Little they know that stock has already reached it's peak and neglecting our PCHEM, which is good..

PCHEM is Petronas Chemicals Group Berhad, a leading integrated chemicals producer in Malaysia and Southeast Asia. YTLPOWER is YTL Power International Berhad, a diversified utility company that operates in power generation, transmission, water and sewerage services, communications, and education.

One way to measure the strength of a company is to look at its profitability, which can be assessed by indicators such as return on equity (ROE), earnings per share (EPS), and dividend yield (DY). Based on the latest available quarterly reports, here are the values of these indicators for PCHEM and YTLPOWER:

Company ROE EPS (sen) DY (%)
PCHEM 1.0% 5.00 6.07
YTLPOWER 3.8% 2.20 7.46

As you can see, YTLPOWER has a higher ROE, which means it generates more income from its shareholders’ equity. It also has a higher DY, which means it pays more dividends to its shareholders relative to its share price. However, PCHEM has a higher EPS, which means it earns more profit per share.

Another way to measure the strength of a company is to look at its growth, which can be assessed by indicators such as revenue, net profit, and earnings growth. Based on the latest available annual reports, here are the values of these indicators for PCHEM and YTLPOWER:

Company Revenue (RM billion) Net Profit (RM million) Earnings Growth (%)
PCHEM 23.57 2.06 342.1
YTLPOWER 10.71 751.00 24.0

As you can see, PCHEM has a higher revenue and net profit, which means it generates more sales and income from its operations. It also has a higher earnings growth, which means it increases its profit at a faster rate.

Based on these indicators, it seems that PCHEM is a stronger company than YTLPOWER in terms of profitability and growth.

To Our Success !

Captain Mabel Meow

4 weeks ago

HafizAjiad98

bagus bagus, Pchem mula melonjak

4 weeks ago

Mabel

Thanks to the head up Bro Income. Mabel is now on board at YTLPower. Still keeping PCHEM.

Bottom line, why settle for one when you can have all both.

To Our Success !

Captain Mabel Meow

3 weeks ago

Nepo

Hi, can buy pchem @RM 6.70 or not..?
Pls advise..🙁

3 weeks ago

HafizAjiad98

Jika ada free cash, memang boleh kutip punya 😄

3 weeks ago

HafizAjiad98

Bulan ni mingkin Pchem boleh peceh rm7

2 weeks ago

HafizAjiad98

dengar Pchem ni bolh pecah rm7 semasa kptsannya keluar 😉

1 week ago

Mabel

PetChem improvement in its fourth quarter (Q4) 2023 earnings will primarily be driven by higher overall plant utilisation (PU) as a slew of unplanned outages in Q2 and Q3 2023 were resolved.

1 week ago

HafizAjiad98

bagus 👍 ---> rm7

1 week ago

HafizAjiad98

Akhir bulan ni saya teka blh lihat Pchem naik sampai ke rm7

2 days ago

Oldboynewnoob

What’s the expected Q4 divd for this stock

2 days ago

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