KLSE (MYR): PCHEM (5183)
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Last Price
5.81
Today's Change
+0.03 (0.52%)
Day's Change
5.70 - 5.84
Trading Volume
10,055,200
10 people like this.
4,266 comment(s). Last comment by Plantermen 6 hours ago
Posted by enigmatic [Breaker of Speculative Investing] > 2019-08-15 16:42 | Report Abuse
Posted by enigmatic [Breaker of Speculative Investing] > 2019-08-15 16:50 | Report Abuse
Posted by enigmatic [Breaker of Speculative Investing] > 2019-08-16 12:15 | Report Abuse
2024-09-01
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2024-08-23
titus
4,159 posts
Posted by titus > 2019-08-15 10:51 | Report Abuse
Red sea means buy la.....be like Philip......is on buying spree....hehe...
As for myself, i'm not adding position yet. I waiting either it breaks RM7 or nearer to Q3 report. I read HLIB analyst report. Brent oil indeed has a big influence on Pchem profit. Furthermore, Rapid only will contribute an additional 15% to total PCHEM growth (If not mistaken la) and becky was right, most of the feedcost is fixed ie; on contract but with downtrend of brent, it does not benefit Pchem. Furthermore, with Rapid coming online, Pchem need to pay 50% of the market price for the feedstk from Petronas-Aramco JV. Pls dun shoot me as my knowledge is veeery limited and my understanding of the report might be flaws.