Lala Chong

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Joined Nov 2021

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PChem share price surged because these main reasons:-
- Middle East conflict pushed oil & petrochemical prices higher. Higher crude prices usually lead to higher petrochemical product prices, which benefits producers like Petronas Chemicals.
- Supply disruptions favour Petronas Chemicals. The war risk around the Strait of Hormuz disrupted feedstock supplies such as naphtha and LPG for many petrochemical plants worldwide.
- Investors expecting strong earnings rebound. 1. Higher fertiliser and methanol prices. 2. Global petrochemical supply shortages. 3. Reduced production from high-cost plants.

Iran declared its objective about oil price. Target is $200 a barrel. In the war, the missiles are the distraction. The oil price is the weapon. Watch the oil price. Not just the missile count.
https://www.dailysabah.com/business/energy/iran-to-world-get-ready-for-200-a-barrel
3 days · translate
Past few months, tech sector dipped cos US dollars dipped. Now US dollar rises but share price still drops. Malaysia boleh!
6 days · translate
come come, i treat
2 weeks · translate
No sign of rebound. Don't enter
2 weeks · translate
very bad QR results. If listed in US market, sure limit down already.
2 weeks · translate
Share price keeps dropping. Change the incompetent CEO.
2 weeks · translate
bro, if 0.68 is broken, next support is 0.565
1 month · translate
TQ for small profit from buying the dip @ 0.685. Closed position 0.725.
1 month · translate
Jual separuh and keep separuh. Belum sampai half time.
1 month · translate
Ready to fly above 50cents
1 month · translate
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