Ven bro, lme only half way to its cyclical hike of 2-3 years cycle. Last peak is 3000+. Now only 1900. My calculation base on history earning n share price. 100 hike in lme equal to 160m earning n 0.357 in share price. Very huge potential.
Steel not much room left...the issue is...commodities price boom means higher cost of raw materials....P Metal is a better bet. They seem able to benefit from commodities price boom.
China is going strong, US$ is weak...this is a combination for commodity price boom.
Manmy, steel has amber room to tell , till u see Ann joo traded at $5/ Beside, u may play as mid or end stream player. Of course only those with intensive capital can play long enough during this boom. Other smaller scale player could still be playing up but juz dint forget to preserve your profits by stages.
Is not true. I tried to time the market by sell n buy back. As a results half of my Pmetal has shaken out. At one time last year, Pmetal is my only stock. If I still hold, my return should b 300% as of now. Cry also no tears ar bro.
lowest PE ratio no use one unless it is lowest based on 2017 earnings........no joke. not scaring you.......but high go higher , low go lower....doesn't it like the market telling you next results not good?
you want to be safe...switch to chips, sure safe results and within / exceeding expectations.
this share very thin margin...the US$ already can cause you pain for next results.
VenFx WTH... ( EG )
( Who has electronic contract manufacturing with DYSON ) as readers may come across Dyson has carefully choosen its Asia pacific- ems manufacturers .
Amongst EMS players ,tabulated at below ranked by P.E. :-
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....
VenFx
14,784 posts
Posted by VenFx > 2017-05-02 21:13 | Report Abuse
Money bro, now opportunity everywhere ....
With appreciation of Rm vs Us $$$, construction & steel will be as hot cake for the 2nd half 2017.