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Koon Yew Yin's Blog

Author: Koon Yew Yin   |   Latest post: Thu, 6 May 2021, 9:32 AM

 

Aluminium Stocks comparison - Koon Yew Yin

Author:   |    Publish date:


My purpose of writing this piece is for your information. I do not have a license to ask you to buy or sell any stocks.

Name

Price

Latest EPS

4 X EPS

PE

Aluminium Co.

Rm 1.10

7.5 sen

30 sen

3.7

LB Aluminium

Rm 1.15

6 sen

24 sen

4.8

Press Metal

Rm 5.26

3.53 sen

14.12 sen

37

PMB

Rm 5.73

5.31 sen

21.2 sen

27

PA Resources

52 sen

0.58 sen

2.3 sen

23

 

Aluminium Co of Malaysia Bhd together with its subsidiaries are involved in the manufacture of aluminium sheets and foil products. The key business segments that the group operates are in fin stock, building products, heavy gauge foil, and specialties. The group supplies to manufacturers of air conditioner across Asia and Europe. Some of the other segments include building and construction, packaging, cables and various other industries. The company also produces other foil products such as cable foil for production of cable war, diaphragm foil and plain foil for packaging.

LB Aluminium Bhd is a Malaysia based company principally engaged in the business of manufacturing, marketing and trading of aluminium extrusions. Their product acts as a raw material for transport, construction, consumer goods, packaging as well as electrical engineering due to its lightweight, an excellent conductor of electricity and durability in nature. The company has expanded its business across Europe, North America, China, Australia, New Zealand and South-East Asia.

 

China has 707 million middle class people

Over the past several decades, China’s economic development has lifted hundreds of millions of people out of poverty and resulted in a burgeoning middle class. Middle class households typically have enough income to satisfy their primary needs – food, clothing, and shelter – with some disposable income for additional consumption and savings. In 2000, China’s middle class amounted to just three percent of its population. By 2018, this number had climbed to over half of the population, constituting nearly 707 million people. As a result, China has to import many products which are not easily available in China.

For example, China has to import aluminium thin sheets for food packaging and air conditioner insulation from Aluminium Co of Malaysia. China also has to import aluminium extrusion for all window and door frames from LB Aluminium.

China has increased its net import of primary and alloy aluminium to record high in the last 10 years as shown on the above chart. As a result, aluminium price has been going up every month and it has gone up 55% in the last 1 year as shown on the price chart below.   

 

 

 

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Labels: LBALUM

Related Stocks

Chart Stock Name Last Change Volume 
LBALUM 1.20 -0.03 (2.44%) 24,823,000 

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afif95 thank you uncle, time to run
21/04/2021 12:36 PM
Goldking9789 Okay thanks story teller uncle.
21/04/2021 12:49 PM
brian3381 acumulation at 1.07 to 1.20.....
21/04/2021 1:31 PM
masterkevin212 YA, Now everyone has become very smart, when uncle said you must run
21/04/2021 1:41 PM
obinam1967 Time to take profit.
21/04/2021 1:57 PM
Analyser People these days are trading heavily by emotions due to the bull market.

When KYY asks to buy, they are smart enough now to sell. Probably KYY needs to reverse it's psychology and recommend SELL so others will BUY.
21/04/2021 4:25 PM
Water Fish Burger (水鱼哥哥) run first..thanks kyy.
21/04/2021 5:26 PM
newdestination kyy has sold many weeks ago. Wait for his update soon wkwkwkwkw
21/04/2021 6:08 PM
Zuliana Omg, still writing how many articles for aluminium???
Cry also no tears.
21/04/2021 7:42 PM
sherlockman last chance to sell before drop below 1.00
21/04/2021 8:22 PM
Yu_and_Mee run for your life
21/04/2021 8:31 PM
chopstick why RUN, along chasing after you ahh
21/04/2021 8:33 PM
gohuat888 Talk many for wat kyy klci where got value invest is gambling place ma still talk value invest short trade la epf ff also like tis u value invest talk coco la
22/04/2021 9:57 AM
amateurJR Haha uncle dump Lbalum for Alcom ?
22/04/2021 5:52 PM
PATIKAYA PA! turnaround aluminium company
23/04/2021 6:49 AM


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