High copper price is beneficial to Tawin as it produces copper wire and other copper products. Just like the steel makers, all registered exponential profit last year
this kind of Dato Kyle happened to Serba Dinamik. Some guys started the group and claimed he know Dato Karim and Politicians. Many believed and look what happened now to Serbadk.
Cakap banyak tidak bagus, Ah Chi Ah Chou..Below is an extract from an article :- "Copper futures skyrocketed above $4.91 for the first time on record amid lingering worries of supply disruptions due to war in Ukraine and historically low inventories. Copper stocks held by LME were at 68,825 tonnes, the lowest level since 2005. In February, those in the Shanghai Futures Exchange and Comex were below 200,000 tonnes. Suppliers are especially low in Europe and although Russia accounts only for 4% of global production Europe is the primary export market. Adding to woes, the world's biggest producer Chile, recorded its lowest January output since 2011, with production sinking 15% compared to December and 7.5% from January 2021. On the other side, copper usage is surging, especially in developed countries, with increasing demand for electric vehicles, wind farms, solar panels, and power grids."
Let's hope the prediction is as good as lucky numbers from Datuk Kong again? Anyway since copper raw materials price has gone up, profit margin will be squeezed? https://tradingeconomics.com/commodity/copper
finally.. sailang make some sense.. to know whether TAWIN is fcuk up or not.. can have a look at their BIG FAT JUICY inventory.. record high may be? NO? then.. why cant they make profit when the copper price is low? then.. why their QR turn green when copper price sky rocket? whether or not TAWIN can transfer the cost to their customer can be justify AGAIN in coming Q3..
@Dingdongbell I held through both of the recent spikes to 0.19. My gut feeling is it wont go down to less than 0.135 now. With Covid/ War etc and still holding around 0.145 mark, I am hoping we have established strong support at this level.
Too many shares floating in market. Too much supply against demand. More over substantial shareholders and directors might be unloading their bonus warrants to taste the free money if price climbs a bit higher.
Total issued shares = 3,414,199,948 NOSH will exceed 4 BILLION shares upon full PP implementation More shares issuance to ESOS in near future
PA = 18,565,913 WA = 304,072,581 WB = 1,365,365,814
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Posted by pineapple123 > 2022-03-03 22:35 | Report Abuse
DatoKyle
INSIDER NEWS : TP increase to 25 cents ++ !
Ini Dato mana ni? Insider news is a crime. Don't believe this kind of story lah