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crude oil price getting higher lead to main raw material cost which is naphtha getting higher as well.
If the ASP corresponding to it linearly or even better, then there is no pressure for the margin, else it will be affected.
For long term investment, safer to collect ticket in few times instead of one to two times.
Hardly to have price in 1.00-2.00 except during first MCO in 2020.
If price at 1.80 and lower, I may collect ticket. Need to analyze coming QR also.
if you buy for long term , hold few years , what to worry about ? just sleep well and wait one day price above RM3 .. as long as we can sleep very well .. mean we buy the right stock .
