Well the first month of the production and sales season for the Chinese domestic lithium battery industry is over, and so too is the first month of the Sept to EOCY (end of calendar year) uptrend that Li stocks have experienced in the past few years.
Below is my table of 20 Li stocks and how they performed for the month. A mixed bag: 9 gainers, 9 losers and 2 who ended even. I am happy to say that 4CE was by far the best performer of the month
So is the Sept to EOCY Li uptrend on again for 2018? At the moment I would say not yet, but the good news is it is only qtr time, still have 3 qtr's left of the game to go. Hopefully the coach gives the players a good spray at qtr time, gets em fired up and we see a strong second qtr performance
Column 1 Column 2 Column 3 Column 4 Column 5 1 Aug 31st Sept 30th +/- ($) +/- (%) 2 4CE $ 0.026 $ 0.036 $ 0.010 38.46% 3 LPD $ 0.025 $ 0.028 $ 0.003 12.00% 4 PLS $ 0.805 $ 0.90 $ 0.095 11.80% 5 LIT $ 0.10 $ 0.11 $ 0.01 10.00% 6 PSC $ 0.028 $ 0.030 $ 0.002 7.14% 7 MIN $ 15.18 $ 15.90 $ 0.720 4.74% 8 CXO $ 0.046 $ 0.048 $ 0.002 4.35% 9 EMH $ 0.33 $ 0.34 $ 0.01 3.03% 10 TAW $ 0.325 $ 0.33 $ 0.005 1.54% 11 PLL $ 0.155 $ 0.155 $ 0.00 0.00% 12 SYA $ 0.034 $ 0.034 $ 0.00 0.00% 13 ORE $ 4.25 $ 4.22 -$ 0.03 -0.71% 14 KDR $ 1.10 $ 1.06 -$ 0.04 -3.64% 15 BGS $ 0.30 $ 0.285 -$ 0.015 -5.00% 16 GSC $ 0.325 $ 0.30 -$ 0.025 -7.69% 17 GXY $ 2.73 $ 2.49 -$ 0.24 -8.79% 18 AJM $ 0.265 $ 0.235 -$ 0.03 -11.32% 19 NMT $ 0.295 $ 0.26 -$ 0.035 -11.86% 20 AVZ $ 0.11 $ 0.095 -$ 0.015 -13.64% 21 LTR $ 0.032 $ 0.026 -$ 0.006 -18.75%
4ce by far the best performer for the month of September, yet we didn't even see an announcement for the month of September. Hmm......
Time for some grand final breakfast
GLTAH
