Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Qatar Aluminum Manufacturing Company QPSC (QAMC)

Doha
Currency in QAR
Disclaimer
1.385
-0.028(-1.98%)
Closed

QAMC Comments

QAMCO is one of the subsidiary of Qatar Energy which is one of the biggest company in the gas & petroleum sector.
Accumulate QAMCO as much as possible. By end of the year it can test 3 riyals and for long term it can cross 10 riyals. Time frame is 2-3 years. Expecting the dividend rate to be higher and also the results are getting financially stronger than before.
Your assumptions do not take into account reccession and oil price. Qamco testing 3 riyal would require alumnium price level to skyrocket. For now we just need to follow the trend and not make wild assumptions as everything can change in a second.
buy between 0.95-0.96, sell on 1.06-1.1, stop loss 0.92
On which platform?
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.