I can foresee hengyuan is probably going to be the next Topglove or Supermax. Most likely it'll continue the current bullish trend until at least one month after the rollout of vaccine.
If the vaccine is proven to successfully bring down the daily new infection cases in one to two months after its rollout, then the global market is going to be excited and more optimistic with the long awaited economy recovery and this may likely give a big final push to hengyuan's share price to historic new high of all time.
If we look at PMETAL, then it's no reason to ignore PA Resources Bhd. They both have similar business, Aluminium billets and tolling. It will soon likes gloves, demand exceed supply, then the asp will continue go up every month. Their main customer First Solar is a very big solar company in USA, its PA client. From our sources we believe that they will renew this contract soon, and with even bigger amount, because BIDEN win the USA election. PA is on a strong recovery trend in technical and fundamental and global Aluminium price and demand is keep increasing and high demand this year. PA doing share consolidate, which we can see VIVOCOM and many other case after split price will goreng and limit up to sky very soon. First solar is their client, which is going to benefit them even more in future after Biden in president place. PA price is just waking up, it will continue go up until share consolidate done, and go even higher. Stay tune!
people go more often for holidays need more petroleum especially after they have been stressed out for one year. sales go up with prices also go up due to optimism..and rosy consensus..this is sure huat huat heng heng ong ong and last very long until you want to get your angpow money.
Tomorrow RM 8...... Vehicles can cross states More traffic Shell station start busy Q4 EPS 60 cents due to the stock Brent oil price of bought at USD 40 but sold at 49 now Tomorrow RM7.50 - RM8.00
Haha please do not mislead newbie just tell me do you know the HRC q3 profit come from: Page 21 HRC q3 report The average market prices of oil products for the current quarter saw some improvement against the margins recorded in the immediately preceding quarter, although they continued to be in the negative region. The positive combination of stock holding gains and support from oil margin swaps for the current period resulted in a comparatively higher gross margin and net profit against the previous quarter.
So please calculate your q4 expected profit to Unit Trust Manager.
From petronmM q3 report:page 13 Dated brent crude price recovered by 48% to average brent crude in q3 USD43 per barrel from USD29 per barrel in preceding quarter.
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....
EngineeringProfit
18,321 posts
Posted by EngineeringProfit > 2020-12-07 19:04 | Report Abuse
Next EPS 200 kah?