NEWCO usually temporary name for company do restructuring and merger. It will rename to new identity for PMETAL Holding. Other details still unknown, wait for announcement..
Loosing momentum after a long time price hike to reflect its actual value . Time to lock in for profits and the next momentum is still viable with its strong growth and sustainability .
Certain research house have suggested its TP for 4.21 , but this is does not really actually taken into consideration , since certain research houses have said to have conflict of interest towards the same stock .
2014 pmetal issued bonus share thus share price being push up n after that alu price was poor but pmetal still making profit.. now alu price getting better n believe that pmetal will have better performance .
Thanks Max Tan. Pmetal's price seem stays solid & with the chance to scale new high in the near future with strong fundamentals & good alu. price. It could be one of the star counter of the year!
Jeannie, what I do is to lock in profit by selling partial. The gain will allow you to cusion if the price fall back, and you still have remaining shares if price contine to surge. You decide on the % that you should see, I am still holding > 80% of my holding despite sitting on more than 150% profit now, but I will continue to sell down to 50% holding
Thks happy, was thinking to sell 50% of it too, earlier I did gain and didn't sell till paper lost. Will dispose bit by bit and if really fall back, can start to accumulate.
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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 > 2016-07-13 11:23 | Report Abuse
Sell lah, waiting