Chooheng ..... The Samalaju phase 3 is completed n in testing & commissioning stage. The production will be increased by 100% in few weeks' time.
Why pmetal price shooting crazily in 2013/4 ? Production !!.... bcos of completion of phase 2 in Samalaju. ( phase 1 is at Mukah )
Alumimium price/xchange rate are important, but the increment of smelting capacity is much more important. ( unless the aluminium price is totally collapse )
Next week poised for mild correction. Chooheng, this time don't miss the chance. Last time I ask u to buy at slightly above 2.00 but you want to wait 1.60. If you miss this time, may b 3.00 only can get.
ProS... T3/T4 = After 3 0r 4 days you bought your shares, you have to decide whether to pick up (bayar) or sell the shares. If you choose to ignore, your friendly bank will forced sell for you. Many hit n run kaki have to decide on T3/T4.
Chooheng, when USD at 3.50 in 2014, Pmetal made highest profit. Today drop nothing to do with currency. It's due to over bought of this counter. Decline of aluminum price as an excuse for profit taking. When the price down, it's time to buy..
Wait until this month end to see where is the aluminium closing price. 1440 still rebounce to 1500 before further decline. Buy at 2.30 next month. Fast scalp at 2.6. 10% also good within 1 month. Many people thinks it will rise gives good opportunity to scalp.
USD/MYR4, aluminum 1500 according to RHB profitability chart the business is not so good. sad to see weaker USD does not bring up aluminum base metal price. new plants readiness ...
Plant already full running but it is about the demand. A piece of pie is distributed among 3 brothers eventually still get the same distributed amount.
Of course I know why, when and who is buying. When the data and results comes out, the price is not today price. I bought near the lowest in Feb n sold near the highest recently. If I have no information n knowledge, you think I can do it. Unlike some one talk here talk there, change here change there but yield nothing.
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....
kinrara
31 posts
Posted by kinrara > 2016-03-19 12:12 | Report Abuse
Chooheng ..... The Samalaju phase 3 is completed n in testing & commissioning stage. The production will be increased by 100% in few weeks' time.
Why pmetal price shooting crazily in 2013/4 ? Production !!.... bcos of completion of phase 2 in Samalaju. ( phase 1 is at Mukah )
Alumimium price/xchange rate are important, but the increment of smelting capacity is much more important. ( unless the aluminium price is totally collapse )