Aaron tan.. Your investment analysis is so limited and shallow that you directly correlate the daily China silicon price to pmbtech's share price. You conveniently omitted all the other factors like the huge China silicon production cuts, energy crunch forcing silicon producers to shut their furnaces, European and US silicon price is at all time high, and that pmbtech is expanding production with phase 2 and 3.
With the China price correction, the price is still at 49000 yuan per tonne compared to 14000 yuan in July. None of the other metals are anywhere close to that kind of price increase.
Anyway you can have your empty victory here everyday while we make money ya.

https://www.theedgemarkets.com/article/global-silicon-wafer-shipments-see-robust-growth-through-2024-says-semi

Europe and US prices are going up sky high . Pmbtech overseas market is the West not China.

https://www.metalbulletin.com/Article/4011636/Silicon-see-saws-to-previously-unseen-highs-in-the-West-while-Chinas-price-falls.html

China prices are correcting slightly but US and Europe prices are at all time high. Stay invested.

20 is seriously under priced if you are looking long term ie one year or more. Looking at pmetal price history, you can see that Koon management rewards their shareholders with huge price appreciation over the years. Pmetal has gone from 30 sen to rm6.19 in few years. The silent hand guiding the price so as to speak. Pmbtech will follow. Share price history is key when you look for a multi bagger stock.

For a guy who doesn't know about the raw material in solar energy and giving his prediction for next week.. What a clown.

Aaron tan with your kindergarten knowledge says it's bad news lol. What's the prime raw material in photovoltaic renewable energy you think?

All time high closing for a Friday is impressive. More to come next week.

If closes near 16 today, I expect Monday will be another huge gap up if going by the operator's modus operandi. They usually pump it up over two or three days fast and furious then conso sideways for several days.

Charts don't lie.

Powerplay666. .. I expect the big bounce after 430 tomorrow or Friday. If doesn't happen this week, it's probably the operator hasn't collected enough tickets yet. But rsi is at the same level now to the last time it rebounded from the 11s level so can come any time now.
13/10/2021 8:46 PM

Highbiscus.. Didn't u say don't catch falling knife when it's at 14.20?

Tapdance.. Finally some reasoned proper analysis rather than the usual nonsense from the naysayers here.

Besides the quantums between steel and silicon is in different ballpark. Steel is only 5000 plus yuan per tonne while silicon is 55000 yuan per tonne. We are talking huge incremental earnings here.

Ny036.. Steel prices might be rising but not to the huge percentage as silicon. Steel is only up by 70 to 80% in the last several months. Silicon has surged 400% since July. Its normal for the price to stabilise after the big sharp spike and find its level. I expect the price to remain elevated above 50000 yuan for the next 12 months as forecasted by analysts.

Silicon price is at 55000 yuan per tonne now and will likely stay over the 50000 mark until next year. The huge spike to 60000 yuan earlier was not sustainable as the July prices were only 14000 yuan. Pmbtech is still set for huge profits in the coming year.

Undervalued stock. Better financials and prospects than hibiscus, Carimin etc

Facai88, today the price has closed at 1.42 which surpassed your TP. How high can it go?

Pmetal just bounced back from its retracement late today. Pmbtech will follow tomorrow. Their chart movements have been quite identical in the last few weeks.

Operator style of pump, wash and pump again should be very familiar to everyone by now but never fails to get the alarm bells ringing. Volume is low so mainly contra bilis panic sell their tickets to the operator.

A bullish flag seems to be appearing. Anytime today or tomorrow will see a breakout.

I expect the big bounce after 430 tomorrow or Friday. If doesn't happen this week, it's probably the operator hasn't collected enough tickets yet. But rsi is at the same level now to the last time it rebounded from the 11s level so can come any time now.

Nice press down but this time it's not a big wash. Only 4% retracement from 15.20 few days ago. History is repeating itself again but we can't see it. Small wash then big pump. Wait for the action to start again soon.

Just take a look at the 3 month chart. The trend is so painfully obvious that a child can almost predict the next wave. Not trying to influence anyone because it doesn't make any difference to the price whether you buy or sell. It's decided by the operator and the exceptional market circumstances favouring pmbtech. I'm in profit by 40% but I'm not selling. Might start to consider when it's at rm30.

Unlikely to move up much today because lots of contra players chasing over 15 on Monday will need to be flushed first. Too much resistance if they push up today. I foresee that the price momentum will pick up probably tomorrow after 4 or Friday. Nevertheless the price is holding up well around the 14.60 mark which is a much higher low. Always a good sign of uptrend stock. Stay patient.

Operator also need to have breather in between pumps.

Pmbtech is only barely three weeks old in terms of the climb from its standing position to nearly 15. It took Sam more than two months to get to 24. Patience is the key.

Yes when push up fast its always too late to catch. I know friends who sold Sam at 14, happy with their 30% profit. Today they are all knocking their heads on the wall. True story.

Pains me to see people let go so easily. 15 is nothing for Pmbtech. We already done the hard part which is buying at the 11s and 12s level. Difficult part is resisting to sell when it's up. Next push will see it hit 20 before it stays sideways again. Then push to 25 after that.

Vtrade.. Yes, landing up in the sky lol

Missed the boat last week but caught it at 1.01 this morning. Easily will hit 1.50 after qr results next month.

Those who are holding around 11 and 12s won't need to sweat la. This is just normal sideways chart pattern following a violent upwards movement prior to this. The positive is that the price is holding around 15 at low volume and not dropping big which suggests that the banker is still in the game. A good opportunity to collect anything under 15 for swing.

Mr Sm Invest.. We hope elevated until 2025 lol

Even at 40 I won't sell if theres still a silicon shortage at the time. Only sell when the silicon price starts to fall off. Analysts have said that the silicon price will remain elevated until 2023.

Mr Sm Invest.. Good article.. I only noted one sentence in that article.. "the silicon price boom will remain high until 2023."
Thats totally sick! Great news for Pmbtech!

I wouldn't worry about this guy la. His fake negative comments here makes zero difference. U think banker and institutions already decided the fate for Pmbtech. We just ride with the operator. Bilis, including us, just need to sit and enjoy the ride to rm40.

Aaron tan.. Obviously you don't know what cut silicon production by 90% in q4 2021 means.

https://news.metal.com/newscontent/101596880/silicon-production-in-yunnan-to-be-cut-by-90-under-policy-control-in-q4-2021

Silicon shortage will persist

In the agm, management said that there were some forward contracts but nothing material. Nevertheless the full financial benefits will truly be reflected in Fy 22. We are talking of multi bagger jumps in earnings.

No need every minute track this share otherwise hand will get itchy to sell. 30 is a real target within 2 months.

Warrant was trading as low as 11.14 today. Imagine u got the 11.14, pay to convert to mother. Effectively you have a 14.14 mother share in your hands already while mother closed at 15.14 today. Free profit.

You don't buy warrants for fifo or sell because its very illiquid.

Ny036.. Anytime can convert. Just pay the cheque for the rm3 (per share unit) conversion fee. So if you own 5000 warrants, you just cut a cheque for 15k. Takes around 8 working days and you will see the converted mother shares in your Cds.

John 888202021...warrant is a lot better buy if you plan to convert. You automatically getting 20 to 50 sen free profit upon conversion.

https://www.google.com/amp/s/www.tomshardware.com/amp/news/china-cuts-silicon-production

No need to look. One month later open laptop and celebrate. Just like Sam.

Operator taking a rest today before the next ramp up. Support will be at 14, a higher low than previous which is a positive sign. If drop below 14, just buta buta collect more.

I feel sorry for the people who believe so much in hiaptek just because the company happened to have some good FA and steel prices might be rising. I have respect for OTB but I feel his judgement here has been clouded. He has over analysed it to paralysis. Hiaptek nosh will be a ball and chain on the share price. If you own hiaptek shares, just get out now. So many other good non steel stocks flying now.
By December this year, the price will still be no higher than 60, I guarantee.

Gemfinder.. Late into the game at 3.64 but yes I'm in. Same theme as pmbtech. Prices sky-high and power shortage.. Perfect storm.

Value investor.. Steel stocks won't go up much even if the FA is great. Construction is in a sticky place now in China with the Evergrande cloud so demand may not last. Besides there are too many steel companies in bursa.
Silicon on the other hand is critical in ev, solar and semicon chips. Hot hot sectors now. Future is so bright for Pmbtech!

Haha.. Bilis panic. Price recovery so fast because this stock is gold