What mine are you talking about. At an output of 600k plus metric tonnes per year, Malaysia ranks 6 in terms of major producer of latex. The biggest producer of latex is Thailand with close to 5M metric tonnes per year.
Malaysian glove factories use only 8% of locally sourced rubber. 92% is imported from Thailand. The Thai government has announced that they will be reducing exports of latex so as to encourage glove factories to relocate there.
There is currently a glove boom like the 1848 California gold rush. Like the gold rush, it was the merchants who made money. That's how Levi Strauss became rich and the start of the maxim, "during a gold rush, sell shovels."
Similarly, logistics companies, ports, suppliers of aluminium roofs and building sheets, aluminium finstock for air-conditioners etc will do well.
To : maggiemee Old fox sudah profit taking you all still follow him? Wakakaka 26/04/2021 10:18 AM ============================================== Alcom /2674 1. For this time, SEE_Research have to disagree with you, and also others who may doubt on the positive trend of this share is in progress of uptrend.
1.1 An uptrend technical chart, describes the price movement of a financial asset, stock, when the overall direction is upwards mode, each successive peak and trough is higher than the ones found earlier in the trend. 1.2 The uptrend is composed of higher swing lows and higher swing highs. 1.3 As long as the price is making these swing lows, much higher, and making higher high, the uptrend is considered intact. 1.4 Two very common price actions trading strategies - -
are to buy when the price pull back, or buy on weakness during an uptrend stock. As the price rises, it will oscillate up and down, the investors believe that the particular stock is on uptrend mode, they can buy during the period of the pulls back RM 1.14 and subsequently reap the profit from the ensuing price rises, when it reach their desired target price. 1.5 Some traders, prefer to wait for the price to be on more upswing, this means, they may end up, buying near the prior high, as when the stock surge up into the new high territory, in this case is RM 1.25/ breakout price. 1.6 In short, this stock is pronounced as an uptrend stock, at Low RM 1.13 High RM 1.26 1.7 At 4.32 pm, 26 April 2021, RM 1.14
alcom is not a mining company, just like tomei ,poh kong they are not gold mining company, they will buy high price from raw , make end produce at high price too. so profit margin not much different
Malaysia glove factories buy latex from Thailand. Rubber price has increased from USD1.33/kg in April 2020 to USD2.2/kg today. So by your logic, margins for glove companies will not be different?
This share is an uptrend stock, means that the prices oscillate in up and down daily patterns higher high, higher low,
REMARKS As it is on third time, to attempt to cross the current high RM 1.25, it will create a breakout decisively with strong buying orders and surge in fast + furious manner, Meaning "swiftly, lively, and energetically" to the desired level of target price for (i) short term RM 1.50 (ii) mid term RM 2.32 / old high done in 28 May 2017 ============================================
Technical Chart Alreadly , this share form a long flag pole , with bullish flag , breakout is RM1.25 , with strong surge in volume , follow by a few daily sessions.
Pls understand that the old high was created 29 June 2017 /RM 2.32
Now this period, 28 April 2021, is on uptrend mode, Almost similar to the SAME PERIOD OF ALL TIME HIGH, THE BIG UPSURGE WAS FROM 9 MAY 2017, CLOSED RM 1.13,
FROM 11 MAY 2017, BIG SURGE WITH GAP UP OPENING RM 1.32 to
29 June 2017, closed RM 2.22
From 9 May 2017 RM1. 13 to RM 2.22 Big, BIG GAIN RM 1.09,
CAN YOU BELIEVE THAT THE OLD HIGH, IS THE SAME PERIOD OF NOW May 2021, is it incredibe, following the previous patterns of positive uptrend, SAME TIME, SAME PERIOD, IN MAY 2017, AND NOW, IT IS GOOD TO HAPPEN IN May 2021.
Will the old high RM 2.32/ 2017 can happen in May, June 2021.
Will you miss the big ride in the Elliott Wave, Uptrend mode, pattern 3rd wave, 4 th wave, 5 th wave
The below showing recent prices from 5 April 2021 to 30 April 2021
With volume done, Example
(i) prices down, volume done per 1 day From 2,862 lots to 7,710 lots
(ii) prices up volume done per 1 day From 11,329 lots to 12,018 lots
======================= Technical chart
For 3, 4 May 2021 onwards, A. When price, after breaking out at the current resistance, RM 1.25, will be exceeding for 1 day volume done = above 12,000 lots will reflect higher intensity on the buying orders.
To : roger3210 dont need to hard sell, a real diamond will eventually shine, likewise a junk will eventually collapse. ========================================== (i) The investors will appreciate your list of upwards stocks, at least 3 stocks for short term with the target price
(ii) Likewise a list of junk stock, at least 3 stocks., for short term with the down trends target price ======================================= Remarks Definitely, your researches will be valued, unless the lists do not correspond accordingly.
To : roger3210 dont need to hard sell, a real diamond will eventually shine, likewise a junk will eventually collapse. ========================================== (i) The investors will appreciate your list of upwards stocks, at least 3 stocks for short term with the target price
(ii) Likewise a list of junk stock, at least 3 stocks., for short term with the down trends target price ======================================= Remarks Definitely, your researches will be valued, unless the lists do not correspond accordingly, especially the 2 lists go sour.
You have not respond positively by issuing the 2 respective lists , more so like a person watching a football match , hanging onto the tree branch trying to look the football game by not paying the respective fare .
It is more than 12 hours , the real investors are waiting with enthusiasm on your so called , much awaited list :
(i) The investors will appreciate your list of upwards stocks, at least 3 stocks for short term with the target price
(ii) Likewise a list of junk stock, at least 3 stocks., for short term with the down trends target price ===========================================================================
even if u want to go for aluminium stocks, u should stay away from alcom, just take a look at lbalum, its recent earning spike due to aluminium price but Alcom earning mainly due to property , without property, alcom still losing money despite aluminium went up so much.
you should be the one who apologize for promoting this stock, this company failed terribly in term of fundamental analysis compare to other aluminum stocks.
PLS LEARN TO READ , if a person knows how to read the buy calls were done in February , March 2021 , and at that time no one seem to believe , and at that time, there was a person -yongyong88 claimed that the buy calls were not right , and can take the investors -- ''si liao'' , ( in chinese , hokkien - mean die / mati ) nevertheless the prices from then were on the uptrends , anyway , this person is honourable , and he extended the apology. You can learn to check back, it is the previous record.
Still you are in pretentious mode , and DO NOT AVOID at least ,be a little honourable , to issue the 2 lists as you claimed
YOUR DIAMOND LIST (i) The investors will appreciate your list of upwards stocks, at least 3 stocks for short term with the target price
YOUR JUNK LIST (ii) Likewise a list of junk stock, at least 3 stocks., for short term with the down trends target price
1. Just for your kind information , now, in this modern days , as opposed to the remote past , it will be rather hard even to misled the kampong folks ,as there are availability of internet facilities,
almost all aluminium stocks turns green , PA / 7225 closed 5.00 pm , 6 May 2021 , RM 0.54 ( - RM 0.015 ) is PA /7225 -- turns green or red , some one has the good intentions, or bad intentions ? or purposely being color blind.
2. Alcom /2674 For 5.00 pm , 6 May 2021 closed : RM 1.06 ( -RM 0.03) Low = RM 1.02 High = RM 1.09
Is RM 1.06 being the lowest price of the day ? Again , purposely mis report , then , the real investors can understand the hidden agenda .
YOUR DIAMOND LIST (i) The investors will appreciate your list of upwards stocks, at least 3 stocks for short term with the target price
YOUR JUNK LIST (ii) Likewise a list of junk stock, at least 3 stocks., for short term with the down trends target price
(iii) Many of the real investor , begin to cast doubt on you , after 17 hours , you still cannot come out with the said 2 lists
REMARKS AT LEAST , THERE ARE SOME INVESTORS WHO MAY HAVE THE BENEFIT OF DOUBTS , ON YOUR ABILITIES , ON YOUR GOOD INTENTIONS , PLEASE DO NOT DISAPPOINT , PLEASE SHOW YOUR GOOD INTENTIONS ON THE 2 STATED LISTS , PERHAPS MANY OF INVESTORS MAY HAVE SOME INTEREST TO VIEW , BUT THIS TIME ,BETTER DISPLAY SOME TRACES OF HONESTY AND CANNOT LIED THRU ALL THE TEETH , SIMILAR TO EATING STOLEN CAKES WITH ALL ICING - SMEARING ONTO THE WHOLE FACE, IT CAN BE STICKY, MESSY TOO.
Hi roger3210, Alcom SMA 20 is 109, it has break since yesterday, technically within 3 days must re bounce as LBALUM with last volume,otherwise need to watch out as QR coming soon.
if you check the recent candlesticks for all aluminium stocks, u will realize that alcom is the one and only moving at the opposite direction compare to PA, LBALUM, ARANK.
When Aluminium theme in play, Alcom is the only one that may turn red or up very little compare to the rest, so this should be a very bad signal ahead of QR.
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Posted by chopstick > 2021-04-26 13:19 | Report Abuse
i had use my dickhead to think over, Do all this aluminium and steel co. do had mine to mine their alumi, and steel. not like glove co. they do have.