Technically the price is compressing with higher lows and could be coiling up for a breakout. Above 150 this stock could chart a new trajectory.
Long at CMP and will double down above 156. This is more an investment buy as we wont be able to time entries but with the capex cycle complete this company will become a free cash flow producing machine. Expecting the target to be a new all time high in a couple years for sure as long as Aluminium prices sustain above $2000.
1) Their vertical shaft plant should be online anytime which will make them lowest cost producer by a margin
2) Their chemical division is now working in full swing
3) With AL prices above $2100 US Smelters are now profitable and demand for CPC will be up
4)They had a laggard in cement which too is now doing very well.
5) Their capex cycle is complete, now this company will become a cash producing machine with favourable tailwinds
6) See their operating cashflow numbers they are insane.
Long at CMP and will double down above 156. This is more an investment buy as we wont be able to time entries but with the capex cycle complete this company will become a free cash flow producing machine. Expecting the target to be a new all time high in a couple years for sure as long as Aluminium prices sustain above $2000.
1) Their vertical shaft plant should be online anytime which will make them lowest cost producer by a margin
2) Their chemical division is now working in full swing
3) With AL prices above $2100 US Smelters are now profitable and demand for CPC will be up
4)They had a laggard in cement which too is now doing very well.
5) Their capex cycle is complete, now this company will become a cash producing machine with favourable tailwinds
6) See their operating cashflow numbers they are insane.