use common sense, if pmetal price up due to aluminium price up, then if aluminium price drop for sure pmetal will drop too . up with same reason, drop with same reason.
@AscendCapital can summarise your chart conclusion ? thks
what is the downside ? where to wait for potential rebound ? it cant keep going south forever maa.. not good enough to just say, going south, people want to know where is the support n potential rebound, to make money...
Don't make our self and others panic . Tan Sri Dato Pau Koon was here and he is waiting to buy back again . Always believe the responsible CEO and director . Terima kasih banyak-banyak kerana Press Metal sentiasa boleh dan tetap boleh . I also waiting for it .
@ Huatzaiah , sorry because i don't have idea when is the next EGM & AGM to approve the proposal of shares buy back . Do you know when ? Terima kasih banyak-banyak ya .
Old man advised is for mid/short investor. If you are trader / contra can try C7 at 6c 1mio and Q sell 7c or 6.5c enough 1 mio today. See what you can get..
Rusal sanction whether lifted later is not material. The aluminium supply chain is affected now, people is skeptical to deal with Rusal on what if scenario.
Short term the aluminium price looks bright unless there is negative headlines. Two cents opinion
Short in pmetal is not really wise la, the management is very responsive and react to support the price. Yes, it will fall for sure but the effect wnt exactly like what happened to topglove in this two days. From rm10.30 to rm8.9 ..
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....
kenlee
2,808 posts
Posted by kenlee > 2018-04-24 09:17 | Report Abuse
use common sense, if pmetal price up due to aluminium price up, then if aluminium price drop for sure pmetal will drop too . up with same reason, drop with same reason.