A decline is expected in PSX Cement sector as coal prices take a toll on margins and profitability of players.
Source: Google
· Moving forward, the sequential decline is expected to continue into 2QFY22 as coal prices continue to increase, currently trading at USD230/ton against effective price of USD100-110/ton for 1QFY22 while the pass-on remains limited.
Source: Google
· LUCK and MLCF are expected to remain comparatively insulated from increasing coal prices where low cost structure aids however additional buffer for LUCK has been created by increased other income.
Source: Google
· Even though the sector has remained under pressure lately, it as an opportunity to accumulate where an expected decline in coal prices post winter can induce a rally in the sector.
Hope the post will be helpful to the stock investors. Special thanks to @melinda010100 & @ecency for their support.
Regards & Thanks.
Yay! 🤗
Your content has been boosted with Ecency Points, by @leopard0505.
Use Ecency daily to boost your growth on platform!
Support Ecency
Vote for Proposal
Delegate HP and earn more
How is cement related to coal?
Because here in Pakistan, cement factories operate through coal energy.
Ah! That makes sense. Thanks.
You can remove your vote as it's plagiarism, actually almost if not all his posts are plagiarism.
Posted Using LeoFinance Beta
Source of plagiarism
Plagiarism is the copying & pasting of others' work without giving credit to the original author or artist. Plagiarized posts are considered fraud and violate the intellectual property rights of the original creator.
Guide: Why and How People Abuse and Plagiarise
Fraud is discouraged by the community and may result in the account being Blacklisted.
If you believe this comment is in error, please contact us in #appeals in Discord.