Koon Yew Yin's Blog

LB Aluminium has good profit growth - Koon Yew Yin

Koon Yew Yin
Publish date: Sat, 17 Apr 2021, 08:20 PM
Koon Yew Yin
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An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.

All materials published here are prepared by Mr. Koon Yew Yin

Recently many investors sold LB Aluminium to buy Glove stocks. As a result, the price of LB Aluminium dropped and Glove stock prices went up. Fortunately, some serious long-term investors took advantage of the buying opportunity to buy at cheaper prices.

In any case, I just want to point out that its EPS for the last 3 quarters were 1.74 sen, 3.76 sen and 5.99 sen as shown on the table below. Based on its EPS growth, its EPS for the next quarter ending April should be better than 5.99 sen.

 

 

China managed to stop the spread of the Covid 19 virus in Wuhan within a few months and all the factories started working full steam ahead.

As a result, 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.

The chart below shows that the price of aluminium has been going up in the last 1 year. It has gone up about 50% in the last 1 year. 

 

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Discussions
Be the first to like this. Showing 14 of 14 comments

arv18

How much did you lose in Supermax? HAHAHAHAHA!!!

2021-04-17 22:09

cruger12345

Aluminium price up means raw material of LBALUMINIUM is up woooi .... want to bet on aluminium price . Bursa only got one aluminium producer ! Pmetal

2021-04-17 22:37

arv18

smart man. only one bet for aluminium in MY - Pmetal - is champion. It is a winner - like Rolex.

Not a LOSER - like Fool You Yin.

2021-04-17 22:40

gemfinder

Post removed.Why?

2021-04-18 00:02

Akino qiu shou

What Apek recommend just for reference. Don't follow if you disagree. Not nice to go personal attack !

2021-04-18 11:00

CharlesT

How many articles on LB Aluminium has Old Con posted so far? Pandai pandai

2021-04-18 12:00

Goldberg

Gov’t must consider a second moratorium for loans
Author: savemalaysia | Publish date: Sun, 18 Apr 2021, 9:01 AM

Not much has changed since the first movement control order (MCO) came into effect in March 2020. In fact, the country is still facing restricted movement and a slew of other restrictions that are affecting workers and businesses in various sectors of the economy, all in a negative way.

Amid the nation’s struggle to get the third wave of the COVID-19 infections under control (and with a fourth wave looming over our heads), it is only a given that people are increasingly wondering about the possibilities of the Government introducing another moratorium on loan repayment.

2021-04-18 12:02

Pee Wee

Grandpa Koon has join the pump and dump syndicates!

2021-04-18 12:04

daretocutandchange

aluminium price ups, good for upstream but downstream will affected.in shorterm it may benefit due to the inventory stocks at low cost.some more recently up too much and fast,no share can up non stop.

2021-04-18 12:30

Zuliana

WhyWhyK, may your Soul in peace and Granted pardon from God, for your manipulation of Bilis in this stock.
I feel ashamed if I were him... manipulated Bilis for more than 10 years in Bursa.

2021-04-18 13:46

icecool

the market now very bullshit boring even Grandpa K joined the pump and dump mafia

2021-04-18 21:00

skyz

3rd article already - dont blame KYY if you are trapped in his iconic pump and dump. later he will say is not obliged for your profit and losses etc

2021-04-19 08:32

speakup

bisasa lah. after buy full truck already then only tell ppl buy lah. sama mcm kps, dominion, osk dll

2021-04-19 09:38

enumaelish

means u r selling off same time asking ppl to push up the price for u to sell?

2021-04-20 10:30

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