ya, cost will be higher to manufactured into final product unless the final product price can go higher to absorb the higher raw matl cost and able to achieve better profit margin. so higher copper price posed risk to tawin
i have sold almost all at 33 sen making 20 señ untung @ 500k shares. why.. will drop back to around 18 sen. TaWin ada priblems. thats why new issue sgares nak cash
Raw copper is the company’s main cost and expenditure, accounting for 90% of the total cost. However, the company said that they are not affected by fluctuations in raw material costs, because the company’s operating model is to pass on the cost price to customers, and they will also lock in the price through the way of guarding. The company is profitable.
As the world is moving towards the digital age, the demand for copper in the global industrial sector is also growing rapidly. TAWIN, one of the three largest copper producers in Malaysia, will continue to increase demand for copper driven by industrial digitalization.
Copper is not the same as other resources. Copper can be processed and recycled. In this regard, TAWIN and a Chinese manufacturer have established a joint venture company (TA WIN COPPER SDN. BHD.) in Malaysia. This company specializes in recycling second-hand copper into copper bars using China's recycling technology. The factory's monthly copper production capacity is expected to reach 1,000 metric tons, which will be shipped back to the Chinese market for sale. China is the country with the highest copper consumption in the world, about 49% of the world. They can make good use of their joint venture partners from China to enter the Chinese market. As China bans the import of copper scrap, this technology will be one of the advantages of the company’s exports to China Google translate
If next month QR is making losses , Why Asiaply still need purchase with 0.32? Same boss if know QR out price will drop then can purchase after QR out.
@coldman not only that he then bought another 31,000,000 shares @0.337 on the 22nd feb. suspect report will be very good and they just don't want the share price shooting up any further in the short term at least until they buy back 10%.
@alex5213 agree! Panic seller only sell and buy mcm gambling.... The EGM already announce buy back act soon... panic seller ignore the fact and keep sell for loss... haha...
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Posted by SUPERMONEY > 2021-02-23 10:19 | Report Abuse
ya, cost will be higher to manufactured into final product unless the final product price can go higher to absorb the higher raw matl cost and able to achieve better profit margin. so higher copper price posed risk to tawin