All aluminium related counters if you are speculating...beware!!! going up very nice but when fall, no chance to sell. make good money quickly exit. this is smart!!!TGIF.
Aluminium is produced from Alumina with electrolysis system. One kilogram of Aluminium required 2 kg of Alumina and about 15.5 KWh of electricity bill. Normally, utility and Alumina cost is about 38% and 35% respectively. Other cost is around 27%. For Pmetal, the deal signed between Pmetal and Sarawak Energy sdn bhd is about Rm 0.11 and increase at 1.5% annually. The cost of utility is about Rm 1.70 or USD 0.53 per kg is much lower than others at USD 0.76. This mean that Pmetal is very competitive in the market. The saving of utility cost is USD 0.23 x 440000000 kg per annum about USD 100 Million. If the Aluminium price is going up and Malaysia Ringgit is depreciated, more advantage is to Pmetal. Arank is to use Aluminium bigot( from Pmetal) to cast into Billet which the added value is about USD 90.00 per 1000kg. Aluminium price increased is not really good to Lb Aluminium and Arank. Note. Alumina price is about USD 350.00 per 1000kg CIF Bintulu at the moment.
Tonywong8, thanks for sharing. I still believe that Arank and Lbalum are growth stocks and still give dividends. Arank better dividend yields. So on Monday, more uptrend for these two stocks Read for yourselves readers. Lbalum v arank NTA (RM) : 1.020 Dividend (cent) : 1.75 Dividend Yield (%) : 2.38 Dividend Policy (%) : 0
Yes. So so company's price can go up and down fast as they are speculative due to Pmetal now. Be aware! Don't get catch at high price. Foundamental sound company, price go up may sustain.
Tonywong8, Pmetal may be going up.. But also last Friday it dropped from 3.72 to 3.50 before it when up and settled at 3.60. So how is this also not speculative as u r implying Arank and Lbalum? http://klse.i3investor.com/quoteservlet.jsp?sa=ss&q=PMETAL
Pmetal's price went up 60% last 3 weeks and if it is speculative, the price will drop back in near future. I observed that last Friday, when Pmetal's price hit 3.72( history high) at around 9:15 am, LB and Arank hit 0.815 and 0.71 at almost same time respectively; both are year high. So, if Pmetal's price continue to go up, LB and Arank may follow.
If u read my posting, kewyy, u will notice Arank is better than Lbalum. It went up to 4-5 sen. Pmetal also up 4 sen. Who made more money? :). Friday retraced .. So today up. Watch for volume. Better little profit then get stuck. This week bursa uptrend. Read theedge online.
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....
sklyte
2,621 posts
Posted by sklyte > 2014-04-18 08:41 | Report Abuse
looks like more and more people found arank, look at 61cents queue now, should have bought more yesterday