Icon8888, the optimum use of HBI is max ard 25% only and not 100% substitute for scrap metal. Lionind still need substantial amount of scrap metal unlike Annjoo. And as pointed out by LeoTing, the current inventory of 400m is not enough for Lionind. The analysis is purely based on P/BV and some assumption. I think ur analysis and LeoTing ones are much much more informative and quality.
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....
speakup
27,044 posts
Posted by speakup > 2017-05-19 10:58 | Report Abuse
so now we know u trade with RHB ;-)