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
TA WIN HOLDINGS BERHAD ("TA WIN" OR THE "COMPANY") PRIVATE PLACEMENT
On behalf of the Board, TA Securities is pleased to announce that Bursa Securities had, vide its letter dated 1 March 2022, resolved to grant the Company an extension of time until 16 September 2022 to implement the Private Placement.
Further, the Board wishes to inform that Ta Win sought shareholders? approval to allot and issue up to 10% of the Company?s total issued Shares in the Company?s last annual general meeting convened on 29 November 2021. As such, Ta Win may only issue up to 586,753,400 Placement Shares, representing up to 10% of the total issued Shares pursuant to the Private Placement. This announcement is dated 1 March 2022.
============= Look out for price fixing date
================== Total issued shares = 3,414,199,948 will exceed 4 BILLION shares upon full PP And more shares will be issued to ESOS PA = 18,565,913 WA = 304,072,581 WB = 1,365,365,814
================ Heavy mother with few big babies. TAYOR
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.
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....
bossku_najib
11 posts
Posted by bossku_najib > 2022-03-03 21:14 |
Post removed.Why?