targetinvest, the bauxite restart is on END OF YEAR. Still about 4 months to go. Don't forget this month qtr report will out, expect still in red. When red qtr out, share price will go down.
Do not intend to speculate on Bauxite or ECRL , Just focus only on coming Q3 result. Have low expectation or better to say , already expect another red quarter. unless the loss is far bigger than previous quarter. otherwise personally i believe the price may not differs to much after the result is being released.
i always try not to associate the quartely result with the price, rather i judge if the price have factor in the coming result.
In the case of WZS , my 2 cents opinion is the current price have factor in next quarter anticipated loss.
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....
ZhugeNemo
208 posts
Posted by ZhugeNemo > 2019-07-10 20:30 | Report Abuse
high volume well absorbed
tomorrow performance is crucial for short term direction