Second quarter last year was -5 thousand loss. So this year second quarter results will definitely better than last year by a big margin. Now steel stocks around the world are rallying due to strong recovery in steel product prices. Better buy before end of August.
17. Commentary of prospects Notwithstanding the current global business environment, the Board of Directors of Eonmetall anticipates the performance of the Group for the financial year 2016 to be encouraging given the increase in demand for racking and machinery.
Federal Reserve meeting will be on this Wednesday and I don't think they will raise interest rate. KLCI will dip on Thursday but I think it will rebound on next Monday. Small fluctuations will not affect the ultimate TP of good stocks like emetall or AWC.
The highest level in stock market is not the ability to pick a winning stock. The highest level is the ability to predict market drop & rebound perfectly timely.
A 100% gain achieved in a stock through a three-month time can vanish in a week when market drop does occur, especially applied to small companies.
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....
Jacky OYH
329 posts
Posted by Jacky OYH > 2016-06-29 08:58 | Report Abuse
zigua, hope your statement is correct.