Aluminium price has a breakout on 1534. Next week will be 1600. Next month will be 1700. Easy to reach 1800 this year end. Now is running on 3 plants. You count what is the profit if it is on 1800. China has a trouble now on their economy and their smelting plants should slowly start up above 1650. Before they fully startup, all the moneys are in pmetal's pocket already.
Saya memang tak boleh tahan lagi lol . Nanti harga aluminium boleh jatuh sampai 1200 dan nanti boleh naik sampai 2200 . Tak tahu mana satu yang betul punya lol . Lebih baik saya percaya diri sendiri habis cerita . Jangan nanti saya sendiri kena belacan lol !!!
No way they will push down the price to 1.60. Cm only represent 1.5% of total shares when fully convert. Possible also the boss hold the big portion. Then the price only can move to north. Don't make it too complicated. Let's focus on the aluminum price.
It will be out these couple days. Did you see previous quarter report when the aluminum price was in 1400 ? Now this report also similar but the aluminum price is up. When the report is out, people will be frustrated and sell, you buy in OK. Next one will be extraordinary because the aluminum price is above 1600 but can you still get it at lelong price now. Above 1600 is really make a different. LOL.
Aluminium price is up due to china plants and global cease operation. However people still need aluminium. Thus pmetal is not effected by KLSE trend. Not all the cases is applicable but what I mention is now only.
Next one you will see above 54% ... now a bit disappointing... similar to previous quarter as predicted. Full running complete on august. another report will be increasing... until you see above 5000%.. Eyes ball drop................shocking
Global smelting plants will startup their plant when aluminium price is at 1650 but this is too late.. Money in pmetal's pocket already. Thus you will see exponential increment of net profit.
The current shares prices still consider LELONG . Buy and keep for another three more month then only we can see the result . History will repeat itself one day the shares prices can surge to rm 40 cents high .
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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....
Joeylee
807 posts
Posted by Joeylee > 2016-02-18 15:19 | Report Abuse
Buy now. Sumitomo already join venture in phase 3.