0.76 is bottom base on 30 days trend. If unable to stand above 0.76 the next support will be 0.725. But look at the trend very unlike it will go below than 0.75 unless company got something bad or market unstable.
Good closing today. Push up to the next support area 0.76 , if today can break 0.8 with decent volume very high possibility this time will test 0.90 by next week.
Do you know that beside being the biggest aluminium extrusion plant in Malaysia, it's subsidiary RANK METAL SDN BHD is a metal recycling co. ?
RANK METAL SDN BHD: Our Core Business: The recycling operations of Rank Metal Group involve collection, segregation, testing, processing and shipping of metal scrap to major melting plants around the globe. Our customers include major melting plants, foundries and metal brokers of ferrous and non ferrous scrap.
Apart from metal recycling business we also offer e-waste collection and processing technology and advisory services. We also provide mills and plants services on machine scrapping and recycling of old equipment.
Our Recycling Business We are one of the most dynamic and growing groups in the recycling business with “Service thru Quality” as our main objective. We take pride in our quality control methods and systems which we have developed over time
Our Other Businesses Our group has historically sought to capture the benefits of business integration wherever possible. Our other businesses include melting technology and advise, waste collecting advise and melting of scrap metals giving us the benefits of integrating Our recycled metals to the finished products.
It's a general market fallout, not restricted to LBALUM. Fundamentally this is a solid stock, so there's not much to worry unless you have no holding power. Just sit tight, enjoy the dividend and consider accumulating more at a lower price.
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....
pisangkuat
1,060 posts
Posted by pisangkuat > 2014-09-30 16:14 | Report Abuse
Already run to thailand kuah?