The Al chart shows it is ready..just wait usd to retreat. Pmetal price may sideway for few days n soar again..like what is happened before n after Agm June 2014. Be patient.
Is time to buy Pmetal now ? My answer is YES . Finally its again reached my TP Rm 3.34/= and next will be Rm 4.00/= in just a matter of time only . Anyway more to come next week after the AGM on 16th June 2016 . See Part B : Statement To Shareholders In Relation To : PROPOSED RENEWAL OF AUTHORITY FOR THE COMPANY TO PURCHASE ITS OWN ORDINARY SHARES. Just to hold a little bit longer you will be rewarded . PRESS METAL BOLEH DAN TETAP BOLEH .
this round AGM seems to be paring up for another divident announcement, this time at 3%. press metal previous quarter did much better than 1st quarter. highly positive quarterly report awaiting us.
After climbed 55 USD on 8/6, lme aluminium price dropped back 12 USD in 2 days. Today seems like it will climb to continue its uptrend towards 1700. If the share price can close 3.25 but below 3.30, means that consolidate few days before continue its upwards move. If above 3.30, you can expect more from it.
The market trends that often decide the momentum of the stocks . You can have a strong underlying fundermental stock but a weak market sentiment will inadvertently pulled down the stocks prices . I still foresee the market forces played an important role in determining movement of stocks prices in the first place b4 come next !
Kalau jatuh kena tumpang beli sikit , ya . Jika naik pun sama-sama untung . Kalau jatuh tak beli memang rugi . Saham ini bukan saham seperti Skpetro , ya kerana bila sudah turun memang susah nak naik balik . Anyway they will push its up again . Boleh Tetap Boleh .
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....
moneykj
6,112 posts
Posted by moneykj > 2016-06-10 13:40 | Report Abuse
Will back to 3.28