You see a lot of investors lose money because not doing homework. Not knowing the time to buy and to sell. Simply talk can drop to below 0.40. Simply talk PAT is 24M in 2022. Tell readers to sell without look at chart.
You see only a skillful sifu can make money. He works hard and knows what he wants. Do your homework, read chart before you invest. Do not be the water fish here to lose money all the time. Do not listen and trust anyone.
You are right if there is no water fish how can the skillful sifu can make money whether bear or bull market cas professional treders take calculated risk n reward to decide to enter the market
Someone has to buy at higher price for another person to take profit. When the music stop , many will bear the losses for someone else’s gains . There is no free lunch in this trading game.
Posted by TanDavid88 > Jan 30, 2022 3:41 PM | Report Abuse
You see a lot of investors lose money because not doing homework. Not knowing the time to buy and to sell. Simply talk can drop to below 0.40. Simply talk PAT is 24M in 2022. Tell readers to sell without look at chart.
You see only a skillful sifu can make money. He works hard and knows what he wants. Do your homework, read chart before you invest. Do not be the water fish here to lose money all the time. Do not listen and trust anyone.
Good luck on Li Chun day, the first day of CNY (Ren Yin) Year 2022.
Steel stocks start to perform
Brent crude oil is selling at USD91.57 per barrel today. According to historical records, if the Brent crude oil price is high, all metal commodity prices will be high too. A high Brent crude oil price will benefit all steel stocks. Metal commodity price follows the same trend as the Brent crude oil price trend.
I hope the uptrend for all steel stocks has started like April 2021. The share price will break new high soon.
Despite bearish sentiment from the US stock markets, KLSE is performing well.
Lack of import offers pushes up Asian steel billet prices again
Low volumes of steel billet being offered for import into key Asian markets have led to a continued rise in spot prices for the semi-finished material in recent days, sources told Fastmarkets on Friday January 28.
Buyers in Asia have been struggling to source billet on the spot market, with sellers holding back offers until after the region’s lunar new year holidays conclude in early February.
“A large Indonesian blast furnace [BF] mill hasn’t given any offer prices in recent days, and needs buyers to bid directly,” a major Chinese importer source said on Friday, with trading sources from both Japan and Singapore agreeing.
A Vietnamese steelmaker told Fastmarkets on Friday that he would still prefer to sell in the domestic market rather than exporting. But he said he would, in theory, be able to offer billet at $650 per tonne fob Vietnam, which would work out at around $680 per tonne cfr China and Southeast Asia.
He added that he expected prices to rise again after the new year holidays.
On 17th Jan 2022, I wrote," The next 0ne to 2 years annualized future earning for AYS would be 6m x 4 = 24m." That would mean 2023 and 2024. It is just an expression of opinion.
AYS already announced 1st qtr profit of 32.35m 2nd qtr profit 24.76m
Congratulation on your remarkable stock selection and its commendable price performance and persistent appreciation despite the falling DJ index and the overall gloomy sentiment caused by a potential raise in US interest rate to align with the raising rate of inflation.
Nothing can happen without the approval from god in Heaven.
Each of us can pray...God of Jacob, for their parnassah.
Smart people not necessary sure win here but it is all depending on the Provider. Many simple/(not exactly the fools) people made the profits because they just happened to have bought...not yet sold.
If God wanted you to make, you will make, else the opposite could happen.
Of course, effort/research does involved, just like praying always but no marrying, how to have children? Even Having the stuff from the wet market without cooking them, how to put the food onto our tables?
I bought at RM0.55
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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....
VincentTang
1,227 posts
Posted by VincentTang > 2022-01-28 15:52 | Report Abuse
Top up AYS and Hiaptek. China steel price big up.