The profit forecast project will be getting less as the steel price has gone up globally. Most of the raw material like vessel etc are using steel and it is not a good sight
Recently, the steel stocks are up was due to the steel price will be going up globally. Most of the project obtained by knm are with a little profit. A minor fluctuation of steel price will definitely kill knm.
No need defends la, Let see the coming QR to evaluate the performance of the company. All info given by Kevin just references. Actual result will show in coming QR. better to wait another 2 more QR when ethanol Thailand fully operate.
Next week market theme is mid east tension! Which is set to go higher till Iran makes its move!
In time like this, safest bet is energy sector. Knm is going to get hot!
The aim of last few sessions by operator was to press down to collect more, esp to collect back fr contranian. The operator will risk losing shares instead of collecting as energy sector hot up next week. So operator will choose to buy up instead of throw down
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....
masterkevin212
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Posted by masterkevin212 > 2020-01-04 19:04 | Report Abuse
The profit forecast project will be getting less as the steel price has gone up globally. Most of the raw material like vessel etc are using steel and it is not a good sight