today going down heavily influenced by tech sector, following sentiment in us (federal rate increase in march). i think the sentiment will over at the end of nextweek, some maybe prefer to put in bond rather than tech sector. I see this is a big opportunity for the other sectors such as consumer sector and industrial sector
Global conflicts affect bursa. Market only recovered a bit in friday. I in doubt qr bad considering the nature of recurring income.unless they announce losing clients only then going to affect their revenue which we do not see any of those.
1. When IPO around 2019, tungsten price fell, and hence HPMT profit margin is big.
2. However, after post covid, manufacturing pick up, and there is also war between Russia Ukraine. Demand in Tungsten shoot up as ammunition is made of tungsten
3. Current global situation is tungsten's demand out strip the supply by around 10%, hence tungsten price remain elevated.
Why TUNGSTEN price will go down in starting 4q 2024
1. CANADIAN miner ALMONTY already in advance staged of completion in one of the finest tungsten mine in South Korea.
2. The mine is 3 times purer than China, and can produce up to 50% of China output.
3. Tungsten price will reduce when mine start operation in 4q 2024.
4. HPMT profit margin will greatly improve back by high demand from CNC machinery, and low raw material price
AI --> DATA CENTER (MICROSOFT, GOOGLE, APPLE) --> HARD DISK (SEAGATE, WESTERN DIGITAL) --> HARD DISK PARTS SUPPLIER (NOTION, DUFU, JCY) --> SUPPLIER FOR HARD DISK PARTS SUPPLIER CNC MACHINE DRILL HEAD (HPMT)
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 2909 views | 2 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
analysis
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Posted by analysis > 2021-11-24 22:13 | Report Abuse
despite lock down 2 weeks, still can increase profit ..from oktober until now,still no lockdown..so seems like qr4 will be more powerful