Latest news with #PETRON
The Sun
27-04-2025
- Business
- The Sun
NEKMAT constructs petrol station, residential units in Mentakab
TEMERLOH: The National Fishermen's Association (NEKMAT) is committed to strengthening support infrastructure for the fishing community and fisheries industry in the East Coast through the construction of a PETRON petrol station owned by the association. Malaysian Fisheries Development Authority (LKIM) chairman Muhammad Faiz Fadzil said the project would not only provide fuel supply facilities for nearby residents but also contribute to rural economic development. 'This project will not only support the sustainability of the fisheries sector but also strengthen the national food supply chain and deliver economic benefits to the local community,' he said at the groundbreaking ceremony for NEKMAT's petrol station and NEKMAT's 2025 Hari Raya gathering in Mentakab today. Meanwhile, NEKMAT chairman Abdul Hamid Bahari told reporters that the 1.8-acre (0.73 hectares) petrol station would feature five fuel pumps, two electric vehicle (EV) charging stations, and a fast-food restaurant, with a total development cost of nearly RM7 million. He said the station would also offer NEKMAT's products and fresh fish, particularly from fishermen in Mentakab. Abdul Hamid said NEKMAT's efforts are aimed at diversifying its business activities to stimulate the association's economic growth. 'If this project runs smoothly and without any issues, NEKMAT plans to replicate it nationwide,' he said. In addition to the petrol station, NEKMAT, through its joint venture company Prosper Sunshine Sdn Bhd, is developing a residential project in Lestarry Heights, Mentakab, comprising 432 housing units. Abdul Hamid said Lestarry Heights is a gated and guarded community featuring three types of houses, namely two-storey Garden Homes (139 units), two-storey Superlink Homes (193 units) and two-storey Semi-Detached Homes (100 units). 'This project reflects NEKMAT's commitment to providing better housing facilities while contributing to local socioeconomic development,' he added.
Yahoo
24-03-2025
- Business
- Yahoo
Despite the downward trend in earnings at PETRONAS Gas Berhad (KLSE:PETGAS) the stock advances 3.5%, bringing five-year gains to 44%
When you buy and hold a stock for the long term, you definitely want it to provide a positive return. Better yet, you'd like to see the share price move up more than the market average. But PETRONAS Gas Berhad (KLSE:PETGAS) has fallen short of that second goal, with a share price rise of 12% over five years, which is below the market return. The last year has been disappointing, with the stock price down 1.8% in that time. On the back of a solid 7-day performance, let's check what role the company's fundamentals have played in driving long term shareholder returns. To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). During five years of share price growth, PETRONAS Gas Berhad actually saw its EPS drop 1.0% per year. With EPS falling, but a modestly increasing share price, it seems that the market was probably too pessimistic about the stock in the past. Having said that, if the EPS falls continue we'd be surprised to see a sustained increase in share price. The image below shows how EPS has tracked over time (if you click on the image you can see greater detail). It's probably worth noting that the CEO is paid less than the median at similar sized companies. But while CEO remuneration is always worth checking, the really important question is whether the company can grow earnings going forward. This free interactive report on PETRONAS Gas Berhad's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further. It is important to consider the total shareholder return, as well as the share price return, for any given stock. The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. We note that for PETRONAS Gas Berhad the TSR over the last 5 years was 44%, which is better than the share price return mentioned above. The dividends paid by the company have thusly boosted the total shareholder return. It's good to see that PETRONAS Gas Berhad has rewarded shareholders with a total shareholder return of 2.3% in the last twelve months. That's including the dividend. However, the TSR over five years, coming in at 8% per year, is even more impressive. Potential buyers might understandably feel they've missed the opportunity, but it's always possible business is still firing on all cylinders. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. Even so, be aware that PETRONAS Gas Berhad is showing 1 warning sign in our investment analysis , you should know about... If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: many of them are unnoticed AND have attractive valuation). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Malaysian exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
