Next q may be good, then follow by 2 bad quarters. Very easy to play but may be too late to join, be cautious not to be the stupid one to hold when down trending later.
Actually management has spent one year to bring Tasek Plant back in profit after fire incident in year 2016. They had to import more expensive materials from oversea and local to replace the damaged inventories and cheaper raw materials. Moving forward, with lower raw material price, Q1 2018 will be another strong quarter, as demand of paper products are strong during festive season.
The paper prices went up by 5% to 10% these few days. likely to go up more due to tightening control of China on wasted papers. Could be a mega trend for paper companies, main beneficiary would be Muda.
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....
Pilotsport
1,064 posts
Posted by Pilotsport > 2018-02-28 14:49 | Report Abuse
Limit up lol