Ya , I do agree with you as the price of wc is much cheaper and you can accumulate more , but if you buy under margin account , it stock value is 20% instead of 50 % for the mother share .
When Joeylee sell his share last month at 2.40, WC at 1.60. It's 30 cents premium over its mother. Now only 2 cents. Technically WC under value. WC is better option if you feel Pmetal will perform well near term. Go n get it. It will give you better margin.
Ha ,Ha , Ha & Ha ! Finally its reached my TP rm 3.02/= . Keep on holding until another TP rm 4.00/= . Just have to wait a matter of time only . First of all thank you so much to moniekj and some of those honest supporters . PRESS METAL BOLEH dan TETAP BOLEH .
Don't worry so much about the sellers and buyers . Afterwards you will see more buyers than the sellers . Rehat sebentar dulu dan minum kopi dulu baru ada tenaga atau POWER .
Morning see some big players unloaded theirs holding when the aluminium price went up sharply over night. They expect some profit taking on aluminium price after few days hike. But when they realize that aluminium goes up again from 1617 in the morning to 1628, they would buy back again in the afternoon session. Now all will know the impulsive yet explosive behavior of aluminium which back by solid demand particularly in China. I expect another rally of Pmetal after break.
One of the similarities of 2014 bull run of pmetal is Lbalum the extruder, surging with volume. Nearly all indicators are in place, Pmetal want to drop oso cannot.
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....
happy123
213 posts
Posted by happy123 > 2016-04-20 03:03 | Report Abuse
RHB just recommended press metal as one of the 2 stocks to buy...also good news is that they are seeing inflow of fund into M'sia