BossMaxx commented on a stock · Jul 9 21:58

LBALUM turnover rate analysis

$LBALUM(9326.MY)$

According to data, LB Aluminum's total share capital is 434,850,000 shares.

The calculation process

1. From the data in the chart, we can see the total buying volume and selling volume as follows:

- Total purchase volume: 5.5 million shares

- Total sales volume: 5.8 million shares

2. Take the average value of the trading volume to calculate the turnover rate:

- Trading volume = (5.5 million shares + 5.8 million shares)/2 = 5.65 million shares 3. Substituting the trading volume into the formula:

- Turnover rate = (5.65 million shares/ 434.85 million shares) × 100% = 1.3% The morning trend change analysis can be seen from the chart. The morning trading volume was concentrated between 0.590 RM and 0.595 RM.

Investors in this price range have switched to a new group of bullish investors, and the price is expected to rise further to 0.615 RM or 0.630 RM.

conclusions

1. **Healthy turnover rate**: The turnover rate is around 1.3%, which indicates that the stock has good liquidity and high market confidence.

2. **Morning trend change**: As can be seen from the price range of 0.590 RM and 0.595 RM, a new group of investors have entered the market, and the price is expected to rise further. This indicates an increase in market bullish sentiment towards LB Aluminum.

summed

LB Aluminum's healthy turnover rate and morning trend changes indicate strong market interest in the stock, new investor sentiment is bullish, and the price is expected to rise further.