Why is Public Bank selling higher than Affin Bank since they are doing the same kind of business? Both have banking license.
According to Investopedia, a blue chip stock is a huge company with an excellent reputation. These are typically large, well-established, and financially sound companies that have operated for many years and that have dependable earnings, often paying dividends to investors. A blue chip stock typically has a market capitalization in the billions, is generally the market leader or among the top three companies in its sector, and is more often than not a household name.
I am obliged to inform you that I have been buying Alcom in the last few days and I am not asking you to buy to push up the share price to help me.....
That also MEANS...
I am telling you to BUY ALCOM because I am unloading. I am asking you not to push up the share price for me, but instead to buy what I am selling.
hi all PRESS METAL should not be compared to ALCOM--one is a producer of Alum ingots (the finished product of P.Metal becomes the inpur raw material ) while the other is user ( a sort converter into products which are supplied to other manufacturer to make end consumer products )
Hello, pls correct me if I'm wrong. KYY said above that Press Metal is involved in the smelting of Aluminum, meaning extracting it from it's ores. Whereas ALCOM is only involved is the manufacturing of Aluminum products. So, ALCOM does not benefit from the increase in Alum prices, in fact they will suffer because Aluminum is an input material for ALCOM and they would have to buy it at a higher price. Only Press Metal will benefit from the increase in Aluminum prices. Am I right? Appreciate your comments, thank you.
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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....
gohkimhock
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Posted by gohkimhock > 2022-02-21 14:29 | Report Abuse
okay, let's us look at another scenario.
Why is Public Bank selling higher than Affin Bank since they are doing the same kind of business? Both have banking license.
According to Investopedia, a blue chip stock is a huge company with an excellent reputation. These are typically large, well-established, and financially sound companies that have operated for many years and that have dependable earnings, often paying dividends to investors. A blue chip stock typically has a market capitalization in the billions, is generally the market leader or among the top three companies in its sector, and is more often than not a household name.