Tin price rise and company expansion into second bigger Tin factory to boost production capacity and profit. Coming quarterly report looking very good.
So bye bye to Naysayers. Keep barking when the price is above RM3 ok? See you there.
See some one also call for SELL ...hahahahahah ...thanks for support .....i like it !!! because i also dont believe this counter will trade above RM 3 .......thank you thank you !!!
lol most people bought MSC last year when copper price was trading sideways. Now all major finance channels are talking about commodities surge. A sell call is reasonable at this point since the commodity trade is near peak euphoria and set for short term correction. Read more Supply crunch for economic recovery and construction boom as Covid pandemic slows down has mostly been factored in. You can hold until RM3 but it is time to stop adding position and look for exit opportunities
hahha this marky very funny.. keep call for sell, but din give valid reason like wallstreetrookie.. hehe.. this marky is purely a gambling player.. i like wallstreetrookie. good analysis bro.. good reminder as well ..
there is no right or wrong on profit taking.. wallstreetrookie is giving us a friendly reminder that don be too obssessed with commodities supercycle and gave us a reminder that tin and copper might be institution target for shorting.. happy investing everyone.. for this marky, here is my 2cent for u.. don trade in bursa, u r more suitable to gamble in genting..good luck..
Posted by wallstreetrookie > Apr 28, 2021 9:33 AM | Report Abuse
buy both MSC and Metrod. Metrod used to be the king of copper in Malaysia even though they are manufacturer but they still own a lot and has the capability to control their raw material cost while still making a profit. The rise in share price has a lot of reasons and is not a pump and dump
Dont believe people say its going to trade above RM 3.....if yes ......then how come now to many seller ..means something is not good ready ....Well said wallstreet rookie!!! ....
Marky dont compare yourself with wsrookie LOL, you are just a gambler, checked your past comments, all same like in MSC, if bought shares then yell up everyday, if after u bought shares, the price stumbled, you yell sell, LOL u are just another gambler. At least Wsrookie has his own opinion and rationale for selling, even if our views differs, i still respect him, while you are just another clown. get lost
28,422.50 +60.00 +0.21% 02:02:19 - Real-time derived data. Currency in USD ( Disclaimer )........Tin futures 21% up but more to sell ....instead of buying .......price dropping ......hahahaha !!! i really want to hear above RM 3.00
@Newbie_2288 commodities stocks are not easy to trade. Upon further scrutiny, I feel like it is time to cut down on buying more copper stocks for now.
With reference to my own comment in Metrod, what I meant is that buying Metrod is worse than buying MSC in terms of fundamentals. By no means I was making a direct BUY call on copper companies. All commodities, not just copper, will be volatile in the next quarter
It is possible that we might have a commodities super cycle in which the bull run of steel, aluminium, copper extend for the next few years. As inflation steepens, strong demands from economic recovery and rebound in the construction sector could "potentially" drive commodities price higher. Depends on how much risk you wanna take. And most importantly, pick winners from each sector. There are a lot of bad steel, aluminium companies out there.
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....
marky2kalpha
228 posts
Posted by marky2kalpha > 2021-04-30 09:29 | Report Abuse
Operator also not dare to buy ....hahahha