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HG Metal improved half a cent today , but the current share price is below its 30MA n 50MA , n 100MA has just cut 50MA from above , this is not a good signal . To have a uptrend , share price must be above the moving averages which form the golden cross .
Gold and sliver and alumin all up.. Reason because US dollar is down.... In real term, is because most are quote in US dollar...
Do homework on how HG Metal buy steel. Whether it is in US dollar or yuan/. The company hedgeing policy... Prospect are definitely brighter.. But downside the free float is so much bigger after the rights issue at 9cent if i am not wrong.. Cannot remember the right issue price...
Div for HG Metal is so so.. If buying HG Metal is looking at capital gain... Track record for a steel stockist is ok
GOLD SHARE RISING UP...MATAL????