Today, volume done at Rm3.47 & 3.48 was about 1600k of total 1946k traded. Such a big volume of sellers were absorpted by the strong buyers. Profit taking after price went up 65% was normal. But, confirmed that the big player is still there and if the sellers subside next few days, then up trend will continue.
KLSE these few days have 600 ~ 750 counters drop. What's wrong if my counters in red? Don't b like uncle & aunty in Genting, lost money then blame others that came to join ur boat. If I'm so influential, then big shark can hire me to push down whichever stock they want.
Lim, you should sell at 3.7..if i buy aluminium counter..i will focus on Arank and Lbalum..wait it drop back to almost original price b4 shootup. both on my watchlist..Pmetal already deleted.
The site i join give fair value is 3.77 before shoot up and aluminium price in US is at highest value. Now research bank give TP more than RM4 while aluminium price is dropping.
Of course long term Pmetal still a good company to invest from the bank research..just depend on holding power. I will buy Pmetal too if i see the timing correct.
your bet is aluminium price shoots up back above 1850, if not hard to see RM4, have to wait end of May for results! results will be good, but next quarter lagi good!
Fundamentals just had an 180 degree turnover. Smelting plant close to 100% capacity. Hubei lost making smelter disposed. Aluminium price rebound. Balanced sheet debt reduced. Correction will be over soon and getting ready for another round of rally.
guys, just hold and wait for q1 results, q1mukah did not ramp up, so q2 will be alot more stronger, but q1 numbers could safely be pe 10 ady, if plus q2, should be pe 7
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....
林俊松
6,893 posts
Posted by 林俊松 > 2014-04-30 22:27 | Report Abuse
Get out meaning lost lah.
When it will up again?