I am confidence this counter can reach RM5. Its electricity consumption is around 70% from overall capacity of SESCO!
The biggest customer of SESCO.
In coming may, all plant will fully in operation. This company had invest 10 billion RMB (60 billion RM) for 3 plants in Sarawak. Now market capital just 4 billion RM.
CL I bought at 2.5 cents. Expired June. If you feel Pmetal can go up, just buy. W is safer choice. 1.96+1.10=3.06 if you want do conversion. Cheaper than you buy mother directly.
Aluminium price rebound from near the lowest. Demand increase. Capacity increase. Investo, try to read the comments from every sifu's in this forum. Sure you can find something.
Whoever buy stock cannot expect one way direction. Some correction and consolidation are healthy. This counter has been over bought, due for adjustment. Need not worry as there is no panic selling
All bcos of the Bugis pirate multi billions corruptions issues that have badly affected the market sentiment . Look at cmsb which is supposed to be the main beneficial to the pan borneo highway where the price badly hit like shits .
From what i see is this, pmetal price is highly dependent on the spot aluminium price, while commodity (alu price) is on the hike due to oil price. brent oil stood at 46 now
Alcoa up 4.92% last night. Century Aluminium much more exciting. Rebound from 7.57 to near the highest of 8.56. Up 2.88%. 9 out of 10 these 2 close in green, Pmetal also green. Buy.
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....
Jingweihan
1,605 posts
Posted by Jingweihan > 2016-04-23 10:00 | Report Abuse
Already all in for wc. Whoever want to sell wc below rm2 sell it quickly