There is another issue to be solved ... their olefin n polyolefin is having some quality issue, which may cause them losing out market shares to others ... this was a feedback from some manufacturers ...
this kinda big stock only fund managers can sell at this amount....small time trader won't have such impact....it's obvious they push up the price recently to enable them to exit....goreng ikan bilis
It is due Market sentiment not good. If the fund managers are to dump, why wait for so many days only sell at RM5.38 onwards. If they were to sell down, might as well sell few days earlier. What do they gain by selling down at the proce so low?
A industry source through ICIS today report revealed that one of 3 Lotte Indonesia plants shut down unscheduled for 10 days due to shortage of input supply. The plant has annual capacity of 200,000 mt.
Kasihan go back to RM4.50 to RM 5.00. Where are the sifus ? Hiding now ? Going up... think that they are smart. Going down.... must help the ikan ikan lah.
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kuaTAKtahu
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Posted by kuaTAKtahu > 2017-08-28 12:41 | Report Abuse
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