morning too all MTEC warrior's.. paktua will stand fight here till june 24..
paktua now play new born counter.. let joined paktua on good hot new born stock..
paktua back pick new hot counter for march till june..
so paktua n team we will focus on 1-Mtec paktua target minimum rm1.25 (main target rm1.43) 2-KJTS paktua target rm0.93 3-Hegroup Paktua target rm0.70 4-Zantat paktua target rm0.70
set from 21hb march 24.till 7hb june 24..
come joined paktua Swing team.. let we fight together
tut tut come joined paktua swing team.. sent request at tele @swingdarkred73
paktua love sing back a warriors song.. paktua sing for all MTEC fighters..
dear fighters.. in this journey.. on all battlefield we fight.. not the results we seek.. but the process we develop.. an every skill we master it.. determined who're WE!! real warriors is.. the fighters who never give up..
Dear fighters.. we're not a hero.. we're the fighters.. we been through.. so many difficulties and heavy obstacles.. but.. all never scared us ever..
Fighters.. believe is strong word.. only real fighters know.. how to deliver word on the battlefield.. word we call..BELIEF..
price down we canot control.. but.. we can control our emotion.. not to influenced by own emotions.. remember.. most of we lost.. bcoz.. we follow the bad emotional.. many was lost not bcoz of downtrend rally.. but.. their lost of control on own emotional.. their always let.. fear and confuse be their leader..
now.. ask your self.. are you the captain on you move? or.. just are passenger??
Electricity cable manufacturer Master Tec Group Bhd expects higher revenue growth and a demand shift towards aluminium in conductors, amid the recent surge in copper prices.. Production cost for copper conductors has increased by around 5% and the company is passing on the higher cost to its customers, chief executive officer Tee Kok Hwa told The Edge. Master Tec has also observed the rising trend among customers preferring aluminium conductors, he noted. “The demand for aluminium conductors as an alternative to copper conductors will increase in a wider range of applications,” Tee said. Prices of copper — used in everything from electrical wires to water pipes — have surged to near two-year high, amid supply concerns and strong demand. The three-month copper futures rose to a 20-month high at US$9,457.50 a tonne on London Metal Exchange on Friday (April 12), while the three-month primary aluminium price advanced by 1.63% to US$2,494 per tonne. Aluminium conductors were mainly used in the utility market segment, though “people started accepting aluminium conductors in sub-main cables for commercial and non-commercial buildings” after the previous round of copper price rally in 2022, Tee said. With the renewed surge in copper prices, the use of aluminium may expand to other applications, such as power cable for infrastructure, he said. Shares of Mastec Tec have more than doubled since its listing on Jan 29 this year, and values the company at RM1.07 billion on Bursa Malaysia’s ACE Market. The stock was trading at RM1.05 at 3.30pm on Monday versus its initial public offering (IPO) price of 39 sen a share. The sharp rally prompted an unusual market activity query from Bursa Malaysia, which Master Tec said it was not aware of any reason that could explain the spike. Master Tec is mainly involved in the manufacturing and distribution of power cables, control and instrumentation cables, and solar direct current power cables. The company raised RM61.66 million from the IPO, which was oversubscribed by more than seven times by the public. Tee said the company is raising its production capacity for aluminium-cored wires and cables by the fourth quarter of 2024, with two new production plants which can manufacture both medium-voltage and low-voltage power cables. For the financial quarter ended Dec 31, 2023 (4QFY2023), Master Tec reported a net profit of RM4.53 million, on the back of RM82.19 million in revenue. For FY2023, it reported a net profit of RM23.94 million, on the back of RM285.44 million in revenue.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
paktua73
18,259 posts
Posted by paktua73 > 3 weeks ago | Report Abuse
morning too all MTEC warrior's..
paktua will stand fight here till june 24..
paktua now play new born counter..
let joined paktua on good hot new born stock..
paktua back pick new hot counter for march till june..
so paktua n team we will focus on
1-Mtec paktua target minimum rm1.25 (main target rm1.43)
2-KJTS paktua target rm0.93
3-Hegroup Paktua target rm0.70
4-Zantat paktua target rm0.70
set from 21hb march 24.till 7hb june 24..
come joined paktua Swing team..
let we fight together
tut tut
come joined paktua swing team..
sent request at tele @swingdarkred73