$PCHEM (5183.MY)$ pchem first ever loses was due to forex where usd/myr from 4.7 dropped to 4.15 just in 3 minths time in 30 sep2024 which is the recent annouce quarter report. therefore with usd being stronger again. pchem forex loss will be reverse. this applies to many company that had huge losses due to forex.
$PCHEM (5183.MY)$ Why could be reasons forthe continuous dip since last year?
1
Report
SpideyInvestor
:
Wondering too. PE and RSI indicators showing normal levels. Hope can close above 5 by end of the year. If not, can consider selling at a loss to move to another counter already.
KUALA LUMPUR (Nov 25): Gamuda Bhd (KL:GAMUDA), whose share price has more than doubled year-to-date (YTD), is among companies analysts are expect to be included in the FTSE Bursa Malaysia KLCI following the index’s semi-annual review. This following the counter’s surge up to 16th spot on the list of Bursa Malaysia’s largest companies as of November 25, from 29th during the previous semi-annual review on June 6. Another compa...
$PCHEM (5183.MY)$ Looks like price is comfortably stabilising at 4.9 range. Need to close at 5 by end of this week to get a good rebound % by next month before end of 2024! Pray hard people!
PCHEM Stock Forum
pchem first ever loses was due to forex where usd/myr from 4.7 dropped to 4.15 just in 3 minths time in 30 sep2024 which is the recent annouce quarter report. therefore with usd being stronger again. pchem forex loss will be reverse. this applies to many company that had huge losses due to forex.
Why could be reasons forthe continuous dip since last year?
This following the counter’s surge up to 16th spot on the list of Bursa Malaysia’s largest companies as of November 25, from 29th during the previous semi-annual review on June 6.
Another compa...
- YouTube
$PCHEM (5183.MY)$
No comment yet