OTCPK:KATFF - Post by User
Comment by
topdopon Apr 01, 2019 12:12pm
90 Views
Post# 29564173
RE:"No, nothing" as posted this morning on my SA KAT Blog
RE:"No, nothing" as posted this morning on my SA KAT Blog
On a day when both Chinese official & private data point to a recovery in the manufacturing sector there - thus supportive of Cu - and notably, both indices back into growth territory.
New orders climbed at the fastest pace in four months while new export orders are growing again.
Overall, with a more relaxed financing environment, government efforts to bail out the private sector and positive progress in Sino-US trade talks, the situation across the manufacturing sector recovered in March the employment situation improved greatly, stated a Caixin report.
Official Manufacturing PMI: 50.5 v 49.2 in February and 49.6 forecast. Caixin Manufacturing PMI: 50.8 v 49.9 in February and 50.0 forecast.
So what gives KAT?? Down 2%...
Lundin up 2.4%.
Glencore up 1.8%.
First Quantum up 2.6%.
Norilsk up 2.6%.
Teck up 2.0%
I could go on...
Rights Issue coming? Something is up and kindly note, as a +800k shares shareholder, I take NO JOY in making these statements. Hopefully I'm proven wrong and this is just anomalous.
These are my views only. Thanks for reading.