investment wave

3A RESOURCES BERHAD

quantumwave
Publish date: Sat, 07 Dec 2024, 08:43 PM

As raw material stocks are held c.2-3months in advance and with the down-cycle in global tapioca prices from 585 USD metric tan in Jan 2024 to 465 metric tan in Dec 2024, i think the margin will improve for the next few quarters and able  translate to better earning.

Target market cap 500m

Date
Domestic Price
Export Price
(FOB Bangkok)
Baht /Kg.
USD / Mt.
9-Jan-24
19.15
585
16-Jan-24
19.05
580
23-Jan-24
19.05
580
30-Jan-24
19.05
580
6-Feb-24
19.05
580
13-Feb-24
19.05
580
20-Feb-24
19.05
580
27-Feb-24
19.1
580
5-Mar-24
19.1
580
12-Mar-24
19.1
580
19-Mar-24
19.1
580
26-Mar-24
19.1
580
2-Apr-24
19.1
580
9-Apr-24
19
575
16-Apr-24
19
575
23-Apr-24
19
575
30-Apr-24
18.85
565
7-May-24
18.85
565
14-May-24
18.7
555
21-May-24
18.7
555
28-May-24
18.7
555
4-Jun-24
18.7
555
11-Jun-24
18.7
555
18-Jun-24
18.5
545
25-Jun-24
18.3
535
2-Jul-24
18.3
535
9-Jul-24
18.2
530
16-Jul-24
18.1
525
23-Jul-24
18
525
30-Jul-24
17.9
525
6-Aug-24
17.9
525
13-Aug-24
17.75
525
20-Aug-24
17.75
535
27-Aug-24
17.5
535
3-Sep-24
17.4
535
10-Sep-24
17.2
525
17-Sep-24
17
520
24-Sep-24
16.75
515
1-Oct-24
16.5
510
8-Oct-24
16.25
500
15-Oct-24
15.9
490
22-Oct-24
15.7
490
29-Oct-24
15.5
490
5-Nov-24
15.2
490
12-Nov-24
14.9
475
19-Nov-24
14.7
465
26-Nov-24
14.5
465
3-Dec-24
14.5
465
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