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2021-02-21 14:14 | Report Abuse
FYI, the highest price for aluminium was USD 2700.
2021-02-21 14:01 | Report Abuse
Yesterday latest 40 richest Malaysia saw PMETAL owner landed in 3rd spot behind Robert Kwok and Hartalega Mr Kuan. Surprisingly dethrone Tan Sri Teh due to leap bound increase in commodities prices. Technology, healthcare (gloves) and commodities are among the best performance captains.
Numbers never lie as price for aluminium had appreciate from low usd 1450 to current of 2100++, meaning that there is big surge in demand for it. Demand rise, ASP will follow. No businessman will sell thier products cheap knowing the cost of buying back kept increasing.
We all know Lbalum is not same lv with PMETAL, but I optimistic believe there big potential this ctn moving forward.
Now its race of 2 dark horses of this industry, lb and PA. I choose lb due to FA and smaller share issue. PA less attractive but has been equip with hot speculative turbo, let's see end of the day who win.
2021-02-21 13:31 | Report Abuse
2nd wave coming, dun miss out.
2021-02-21 13:06 | Report Abuse
All sector of business are booming.
1) telecom - 5g rollout, with KUB as a bumi entity
2) energy - LPG which is 1 of main revenue contributor will rise in tandem with crude oil.
3) plantation - current CPO price is very encouraging and will stay as there is no big expention for major players. World population is on exponential growth.
4) property - not much catalyst but Kub had many land banks acquired 30++ years back without land price revalued. Once did NTA will boost up.
Bonus is up coming land sales in state of johor alone with net profit of 25 eps soon.
Conclusion : price will gradually Increase,.
This month I hit on Wong engineering and lbalum. Waiting for u Kub darling, cheers
Stock: [MLAB]: MLABS SYSTEMS BHD
2021-02-22 10:04 | Report Abuse
My mlab will soon become MLEAP