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 Petronas Chemical , Worth to buy ??

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SanosukeSagara
post Oct 14 2010, 09:48 PM

2008 2008
******
Senior Member
1,193 posts

Joined: Jan 2003
From: Sungai Petani



rosdi i think you are getting the wrong idea..
1 lot = 100 unit.
RM5.20 per unit
if u buy 1 lot = u pay RM520
u buy 10 lot.. u pay 5200
if buy 4000 share = 40 lot means u have to pay RM20800

no?
SanosukeSagara
post Jan 6 2011, 12:30 AM

2008 2008
******
Senior Member
1,193 posts

Joined: Jan 2003
From: Sungai Petani



I think higher oil will give PCHEM certain advantage as they hv long term contract with PETRONAS their mother to get cheaper oil before the price flux. While other chemical company like TITAN need to adjust their product regularly based on the crude oil price.
SanosukeSagara
post Jan 6 2011, 10:00 PM

2008 2008
******
Senior Member
1,193 posts

Joined: Jan 2003
From: Sungai Petani



@cZee
Either you did not read the prospectus or you did not understand the process of PETRONAS as a full chain upstream and downstream. PCG does get special price from the upstream subsidiaries (either gas/crude oil) over a long period. This is a nature of a full chain business. Therefore their price of raw material is less volatile.
SanosukeSagara
post Feb 18 2011, 10:19 AM

2008 2008
******
Senior Member
1,193 posts

Joined: Jan 2003
From: Sungai Petani



i'm keeping at least until i get dividend
SanosukeSagara
post Mar 28 2011, 08:42 PM

2008 2008
******
Senior Member
1,193 posts

Joined: Jan 2003
From: Sungai Petani



still holding since ipo smile.gif

 

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