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CS Tan
4.9 / 5.0
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....
Posted by johnnygoodnews > 2021-04-20 10:01 | Report Abuse
Tin LME Official Cash Ask ($/MT) 19 Apr $27,940.00 LME Official 3M Ask ($/MT) 19 Apr $26,768.00 backwardation gap getting narrower both values cash and futures going towards $30000/tonne 2.5 months of consolidation since hitting highest in February. Breakeven cost $15000 anything above $15000 is pure profits for MSC current profits $27940-$15000=$12940/tonne Tonnes of inventories in MSC shall be revalue in coming June results plus tonnes of tin sold in last 3 months shall be reported. expect 8-10 mil sgd in first quarter 2021 results assuming every quarter make 8-10 mil sgd, that wil be like 32-40 mil sgd (96-120mil ringgit) for whole year 2021. wow. how much is it worth ? dyodd. Part of portfolio is a must