Disclaimer: This is my personal logic trading analysis blog that show my own personal analysis. All information provided here are for sharing purposes only. The author should not be held liable for any informational errors, incompleteness or for any actions taken in reliance on information contained herein. Buy at your own risk.

Can join my telegram channel to see my live trading ideas at
https://t.me/ltachannel

Wednesday, November 18, 2020

PA - THE FUTURE OF ALUMINIUM IS BRIGHT

 I don't usually write blog until I found the stock really worth a look. This company highly potential move up big, recently just start kick in only.

 

PA (7225) already listed long ago, it's a long history stock in BURSA that seems to be sleeping very long time already. What make it interesting now is that this company finally strongly recover, and going to start growing. 

Latest few quarter showing strong earning recover and its mostly going to do better. Because alluminium price as per today keep on increasing upward. 

As we can see, many new car increase using Aluminium. Luxury vehicles such as Ford, Audi, and Mercedes Benz have increased the adoption of aluminum as a versatile material of choice in body structures including engine, transmission, and wheels.

If we look at PMETAL, then it's no reason to ignore PA. They both have similar business, Aluminium billets and tolling.

PMETAL already go new high, thanks to alluminium price also hitting new high, most importantly the demand of alluminium also very high now. 

It will soon likes gloves, demand exceed supply, then the asp will continue go up every month. 


So what so interesting about PA ?




First Solar is a very big solar company in USA, its PA client. From our sources we believe that they will renew this contract soon, and with even bigger amount, because BIDEN win the USA election.

Very obvious, Biden is Green energy, so First Solar wound be growing even further. 


Lets look at PA chart

Technically already break 2013 high, and with big volume, this is what I call a the wake of 7 year sleeping beauty, then next 7 week might see spiral up all the way to RM 0.30. How is it possible? 

With this just approved on 16/11/2020, the share of PA will reduce half, which will become less heavy, just like the case of VIVOCOM, super easily goreng up. 


As a conclusion,

1. PA is on a strong recovery trend in technical and fundamental.

2. Alluminium price and demand is increasing.

3. PA doing share consolidate, which we can see VIVOCOM and many other case after split price will goreng up big.

4. First solar is their client, which is going to benefit them even more in future.

5. The price is just waking up, it will continue go up until share consolidate done, and go even higher. 

1 comment:

  1. <Recording success in Cryptocurrency, Bitcoin is not just buying and holding till when bitcoin sky-rocks, this has been longed abolished by intelligent traders ,mostly now that bitcoin bull is still controlling the market after successfully defended the $20,000 support level once again ad this is likely to trigger a possible move towards $40,000 resistance area However , it's is best advice you find a working strategy by hub/daily signals that works well in other to accumulate and grow a very strong portfolio ahead. I have been trading with Mr Bernie doran daily signals and strategy, on his platform, and his guidance makes trading less stressful and more profit despite the recent fluctuations. I was able to easily increase my portfolio in just 3weeks of trading with his daily signals, growing my 0.9 BTC to 2.9BTC. Mr Bernie’s daily signals are very accurate and yields a great positive return on investment. I really enjoy trading with him and I'm still trading with him, He is available to give assistance to anyone who love crypto trading and beginners in bitcoin investment , I would suggest you contact him on WhatsApp : + 1424(285)-0682 or Telegram : bernie_fx for inquiries , bitcoin is taking over the world

    ReplyDelete