look like no progress,share price up for what purpose,dont you see wheat future price keeping drop to usd 409 from usd 550 in the month of MAY 2016.if Mflour Hedge future or buy wheat at price (USD550-500),it may be incurred loss & high level of Loan in USD also will cost heavy interest pay.be careful
i still believe they will incurred currency loss when RM weak (RM4.00 and above) as they loan arround RM442m in USD & profit at Indonesia factory will dilute also when USD is strong
Icon 8888, I've been reading your analysis long time ago. There's a good undervalued stock now, Penta whereby its QR was just released with DOUBLE profit. Please study if you're free and you'll like it I assure. :)
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....
pingdan
1,549 posts
Posted by pingdan > 2016-07-27 15:27 | Report Abuse
crazy volume... look like it will continue moving up