At this price I'm not calling for buy. But who has bot ealier, let's hold and see can achieve 2.80 or not, at the same time can enjoy your dividend. Who bot last year at below 2.50 when I first issue buy call can enjoy dividend yield of more than 6%. Last buy call at 2.24 is 2.5% from now on, n capital gain of more than 10%. Don't forget our dream of 6.00 should the alum price go back to 3000. 3000 is too high can't be achieved? With so many positive factors, I dare not say 'cannot'.
If profit taking today...then monday also possible continue profit taking?contra player if im not wrong can extend +1 day more if their remiser allows it
Think the stock markets will consolidate or drop from hereon until 14-15 March 2016.All the eyes are pointing in high anticipation for the monetary rate increase by the Federal Reserve Bank of USA(over here is our Bank Negara).
That is the credible reason for the global wide markets to be in the RED.
The decision in investment is yours to make.Nobody can decide on your behalf.Good luck and smart investing.Take care. :-)))
1Q2017 confirmed make big gain compare to last year 1Q2016! besides, dividend distribution will be 4 times in this year! Just hold until the they release the result in Q1.
With FED hinting 80% most likely to hike up,myr currency will drop more.which is good for pmetal since they trade using USD and buy raw material using MYR.i believe pmetal earning will increase with FED policy and also china cutting down production to fight pollution.
pmetal sell aluminium and aluminium by product in usd.. buy alumina in usd... but all other logistic expenses in MYR like electric and transport fee...so yes if myr depreciate is good for pmetal...
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....
super888
517 posts
Posted by super888 > 2017-03-02 13:33 | Report Abuse
TP 3.00.