Luxchem is importer n distributor for most raw materials, demand n cost mostly affected by big market... 10% drop consider acceptable as most industries are facing slow processing period.
this stock is auto pilot..good earning visibility, USD is stronger by day, good tap into the indo market, everything is pointing to the positive. There is no big volume block it ways..is just a matter of time to push back up to 1.00 in no time
Started at 0.74, dropped to 0.72, then returned to 0.74. Let's guess the next range. Mostly, it will drop below 0.74. . Will it be the same movement as the high paying dividen share as cyl ? Will it drop to around 0.65 . ? I afraid it will.
Expecting a tough year in 2018 especially in the economic and the politic . Of course, it will affect the share market very much. Hopefully everything will be positive to us.
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....
Doer
423 posts
Posted by Doer > 2017-10-25 10:26 | Report Abuse
Luxchem is importer n distributor for most raw materials, demand n cost mostly affected by big market... 10% drop consider acceptable as most industries are facing slow processing period.