@Boomerang, market is always looking forward. For example Ifca, the price was only 0.11 when it announced 1st q in May 2014. The price went on to reach 0.30 before announcement of much better q in Aug 2014 and eventually reached 1.80 11 months later. I like to benchmark Orion to Ifca due to same no of share, both IT company and start to surge after secured government link project. How good Orion can turn its sweet stories to its bottom line, let's wait the coming q results.
Pmetal main business is smelting, they sell their products according to lme. Strong aluminum price is good for Pmetal. Lbalum is extruder, their raw material is aluminum billet. Low aluminium price is good for Lbalum. You can see their latest 2 q results is improving follow the shrinking of aluminum price. Of course the ASP is playing important role on their earning. Strong USD can boost their oversea demand hence improve overall margin. They also planned to add one more press, high capability press to cater for their oversea demand.
Posted by moneykj > Feb 1, 2019 01:04 PM | Report Abuse
Lbalum is extruder, their raw material is aluminum billet. Low aluminium price is good for Lbalum. You can see their latest 2 q results is improving follow the shrinking of aluminum price. Of course the ASP is playing important role on their earning. Strong USD can boost their oversea demand hence improve overall margin. They also planned to add one more press, high capability press to cater for their oversea demand.
icon...remind me next time not to buy on good news like HT Padu and already up 200%.......most shares have their characteristics, and a sleepy share will soon go back to sleep.......
see, I cut loss, lose a few sen better than now....now, people holding buy also cannot , sell also cannot.....
Latest info on Lbalum. I heard that their sales dropped significantly these few months. They try to maintain their revenue by cutting down the selling price. So 2nd q can't be good. Don't too optimistic on Lbalum first.
Well done to everyone doing well! I am learning a lot from you guys. For the rest, there are still 11 months to go and anything can happen until then.
As for me, I'm just focusing if I can reach my own personal target. Still a long way to go for me.
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