SC also supply cable for use in offshore and plant, but the relation with Oil boom may not be that direct.. oil price hike will help to get a few more project sanctioned which may mean potential business to SC. but there are other competitors as well.
the candle stick trend showing an upward trend with the low is pushing upward almost similar angle with the high. Will need 2nd QR to validate the company financial and performance and calibrate with the candle stick trend.
Char yea i agree is bit high my entry price , so i reserve cash , actually i hope it drop , coz i buy first batch only , but if it goes up , and i will find another higher support to average up
In my opinion, this qr is within my expectation. The profit is lower due to the bonuses given to the workers . And still announced dividend. Government are promoting 5g and solar, definitely scgbhd cable will benefit from the project...
Revenue and Profit better than previous qtr after one time listing expense n yr end bonus taken out. Dividend given. New Automative higher margin wire contract coming soon. Tomolow shoot thru 60 sen.!!!
TA wise is not tat good for nw as market is currently not good, if short term player cn set stop loss , but for me im more on middle or long term , look TA on top up next batch
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....
TheThird
162 posts
Posted by TheThird > 2021-02-16 17:26 | Report Abuse
copper price up is not a good sign actually. huge raw material costs. they can try as much to bring down cost via hedging