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2018-03-21 16:50 | Report Abuse
hmm, why is magnitech still a good buy since myr has strengthened?
2018-03-15 10:17 | Report Abuse
I think bursa would be asking Nestle what's happening to its price. possibly a big player was gaming the trend, and making money off small players. in times of market uncertainties, they will buy the stocks and the price will increase, the small players sees it and buys also, which increase the price further. And then, at a certain level, the big player will cash out at the peak, making the profit. They played on the speculative craze of small investors.
2018-03-12 16:07 | Report Abuse
Google translate -- "Everyone must trade carefully.
The elephants fight and the ants suffer." Nice! lol
2018-03-12 09:29 | Report Abuse
WASHINGTON (Reuters) - U.S. President Donald Trump pressed ahead on Thursday with import tariffs of 25 percent on steel and 10 percent for aluminum but exempted Canada and Mexico and offered the possibility of excluding other allies, backtracking from an earlier “no-exceptions” stance.
https://www.reuters.com/article/us-china-usa-trade/trump-sets-steel-and-aluminum-tariffs-but-exempts-canada-mexico-idUSKCN1GK09C
2018-03-09 10:18 | Report Abuse
China's pollution problem means that Pmetal may gain more export biz elsewhere?
2018-03-08 11:47 | Report Abuse
@joeshare -- AmInvest was wrong about PMETAL before the tariff was announced, this includes Kenanga and many equity researchers .Why would they be right about PMETAL now after the tariff is announced?
I think at this juncture, to reduce investor bias, we should go by the good books and governance of the company. And not by opinion of any research expertise. We've seen time and time again on how research experts overvalue stocks, and create a new high that doesn't last very long.
2018-03-08 10:37 | Report Abuse
Jean Simard, president of the Aluminum Association of Canada, said that his industry has been integrated into the U.S. economy for more than 50 years and that the Pentagon considers Canadian aluminum production a strategic military supply.
“We’re by far the largest supplier to the U.S.,” he said, with annual output of 3.2 million metric tons of aluminum coming from 10 Canadian smelters and 90 percent of that output heading south of the border.
Canada supplies about half of U.S. aluminum requirements, according to the Aluminum Association."
2018-03-08 10:34 | Report Abuse
"Canada is the largest exporter of aluminum to the United States, supplying US$7.2 billion of aluminum to the United States last year."
"China exported 137,582 tonnes of aluminium foil worth US$389 million to the US in 2016, according to the US International Trade Commission. "
2018-03-07 10:55 | Report Abuse
Timeless parable of Mr Market at work.
https://www.fs.blog/2013/11/mr-market/
2018-03-07 09:50 | Report Abuse
hmm, panic sell again?
2018-03-06 12:40 | Report Abuse
"Trump faces pushback on tariffs but says he will not back down" --
“We’re not backing down,” Trump said during a White House meeting with Israeli Prime Minister Benjamin Netanyahu. “I don’t think you’re going to have a trade war,” he added, without elaborating.
https://www.reuters.com/article/us-usa-trade/trump-faces-pushback-on-tariffs-but-says-he-will-not-back-down-idUSKBN1GH26D
2018-03-06 09:59 | Report Abuse
Who knows tariff may eventually fall through the cracks, as Trump's also bogged down with the investigation on his probable political campaign collussion with the Russians. The Russian probe will likely conclude only in the next few months.
https://www.usatoday.com/story/news/politics/2018/03/02/russia-probe-d...
2018-03-01 09:39 | Report Abuse
"Air Asia agrees to sell aircraft to Fly leasing for $1billion. As part of the deal, Fly Leasing will acquire 55 aircraft from the Malaysia-based Asia Aviation Capital Ltd, Fly Leasing said in a statement distributed by PRNewswire. The company will also have the option to purchase additional 20 A320neo planes which the airline will get deliveries from 2019. As part of the deal, AirAsia will get 3.33 million new shares of Fly Leasing at $15 a piece"
Would there big a sell-off after the announcement, causing price to dip?
Stock: [PMETAL]: PRESS METAL ALUMINIUM HOLDINGS BERHAD
2018-04-02 10:49 | Report Abuse
tomorrow's dividend payment date. will bring stock prices lower right.. lol newbie here. i also made a mistake to buy right after pmetal press announcement. but oh well, still holding.
@hng33, why do you say so? lol there's still hope?