Last time aluminium price at 2700, alcom 1.2, now aluminium price above 3000, alcom 0.9...lol...nvm let it drops till stable then only collect since operator want to press it down now
*metal price lag refers to timing differences experienced on the pass through of changing aluminium prices based on the price we pay for aluminium and the price we charge our customers. Extract from alcom report.
So,kejatuhan Aluminium jika berdasarkn daily price movement tidak sepatutnye memberi impak yg besar kpd alcom.Namun kenaikan harga aluminium secara daily pula memberi kesan yg besar/bagus kpd alcom.
Aluminum price pd awal nov 2020 di paras 1800 & kini ia diparas 2800++.
Tidak sepatutnye ada panik selling apabila aluminium drop dari 3200++ kpd 2800++ krn ia blaku dlm seminggu shj.
Sekadar pandangan..di dalam saham tiada yg betul sehingga dibuktikn diakhirnye
Alcom 52week high traded at 1.26 when aluminium price at 2.4k...now 0.9 which aluminium at 2.9k. Revenue for Q1 & Q2 show high increase due to high comodities price.Next Qr should report better revenue..So Alcom is low risk high reward counter.
if u are just a short term player then better dun touch now, the operator is very ngeri one, keep pressing down the price, always gap down then no rebound...even rebound also 1 day show....be careful
CSC Steel 3Q earnings fall 21.7% amid MCO-led production disruptions
(theedgemarkets.com / November 19, 2021 22:06 pm +08)
"Despite the increase in steel prices, actual trade was weaker than in the second quarter. Steel demand and price trends in the fourth quarter are forecast to be less than expected, as the current industry boom is hindered by pandemic issues, power cuts in China, aggressive sales of hot-rolled steel from India and Russia, and a slowdown in the domestic construction industry," it noted.
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....
Kingbeast
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Posted by Kingbeast > 2021-10-21 18:53 | Report Abuse
Aluminium futures dropping. I’m collecting alcom at 0.7