market sentiments still good, hope will HUAT tmrw , hahaha

can ALCOM hit 90 sen today ?

Good show for ALCOM today !!! Let's hope for encore tomorrow..HUAT AH !!!

90 sen is in sight, but anything less than rm1, you will sure regret..pls be patient to take profit, just started only..

No more last calls from here.. 80 sen taken out.. good luck to all !!

Happy investing/trading to all ALCOM holders !

notice someone bgt 409 lots at 9 am ?

to all ALCOM Holders, patience and perseverance will be rewarded...boldness at appropiate time , doublely so..!

April/ May mths have been good for ALCOM's share price in the past, let's hope this will continue to be so, this year..

__________________ 2018_ total vol.____ av. daily vol._ no. of trading days


__________________ 2018_ total vol.____ av. daily vol._ no. of trading days

___________________Jan._ 6,693,500______318,738_________ 21

___________________Feb._ 4,377,400_____ 243,188__________18

___________________Mar._ 1,514,300______ 68,831__________ 22

___________Apr (as at 6th)___180,600______36,120___________ 5

At 75 sen, YTD ALCOM has declined 12% from 31/12/17 closing price of 85 sen This is much better than the FBMSCAP index which has dropped 18% in the same period.(31/12/17-16,965.46 6/4/18-13908.16). The slide is in line with market trend profit taking , esp. small cap. stks, as players took money off the table,in anticipation of uncertainty on GE14.

One reassuring sign is the very low volume accompanying ALCOM's price decline, which indicate most holders hold firm , to await expected good results to be reported soon.

In fact, the big cash payout of 52.5 sen last year, means majority of holders who bought last year, are still making money , and have confidence that ALCOM will continue to surprise on the upside this year.

So, this short window of opportunity, could be the last chance to buy on the cheap before the qtr results is out !

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5750173

ALUMINIUM COMPANY OF MALAYSIA BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description ALUMINIUM COMPANY OF MALAYSIA BERHAD ("ALCOM" OR THE "COMPANY")

(I) PROPOSED ACQUISITION;
(II) PROPOSED DIVERSIFICATION; AND
(III) PROPOSED INTERNAL REORGANISATION

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
The terms used herein shall have the same meaning as those defined in the announcement made on 2 January 2018 unless otherwise stated.

We refer to the announcements dated 2 January 2018, 12 January 2018, 25 January 2018, 13 February 2018 and 15 March 2018 in relation to the Proposals.

On behalf of the Board, UOBKH wishes to announce that Bursa Securities had vide its letter dated 6 April 2018, resolved to approve the admission to the Official List and the listing and quotation of the entire issued share capital of Alcom Group Berhad (“AGB”) of up to 134,330,850 ordinary shares under the “Industrial Products” sector of the Main Market of Bursa Securities, in place of Alcom.

AGB will assume the stock code, stock short name and ISIN code of Alcom.


Bursa has approved the exchange of existing ALCOM shares to a new holding company, "ALCOM Group Berhad' (AGB) as part of mgmt internal reorganisation.

Need shareholders approval at an EGM, probably set same date as the normal AGM, date to be set soon.

Aluminium raw material continued price downtrend and strong RM will have +ve impact to ALCOM (lower cost of production)

https://www.metalradar.com/lme-prices/aluminium/

See the msg from experienced hands, sell Q 1004 @76.5 sen, agree let's not sell below 76.5 maa...we can wait , news due in Apr/May.

@mrcrab and all silent ALCOM holders, welcome back, yes, all holding firm , waiting for ALCOM's news due in April / May,

i think, not small shark, but firm supporter of ALCOM's new vision and proven mgmt, maybe top up to max. in uncertain market, let's join in to help one another, to hold the fort , from curi ayam kakis,.hahaha

(small/big sharks got more ready hunting grounds elsewhere..)

Let' see if ALCOM stage a strong rebound today, in line with expected good market sentiment from Dow Jones..so far holders not keen to be aggressive, just nibble at the temp. lows..

Focus on the business and you will regain confidence that ALCOM's future is bright, the demand for coated finstock for air-cond is escalating and a new source of property revenue is being charted for future earnings stability, audited 2017 rpt and 1st Qtr rpt will be out soon..

Stay calm folks ! whole market is down, KLCI down 35 pts (2%) attributed to trade war fears bet China & US. i think this is just excuse for big boys to trigger panic and squeeze the margin a/c players.
Normally, calm will be restored soon..

ALCOM is on firm,solid ground, no reason to abandon , unless you are on margin pressure.
In fact, only 74,800 shares done of which 35,000 at rock bottom 70 sen,
yes curi ayam kakis smiling happily today...

Notice for past few days, at the SELL Q , 530 lots @ 80 sen and today at 78 sen , 582 lots.
Is this a msg from experienced holders that ALCOM shd be sold at min. 78-80 sen , if need to sell ??

notice suddenly, got ready buyers , asking for ridiculous 10 sen disc at 67,66,65,64,63 100 lots each ? looks like curi ayam kakis know time is near,..hahaha
let them wait folks,.we already hold so long, nothing less than rm1.00 lah !
.dont give chance and rugi when rerating comes soon...

amidst the increasing concerns of uncertainty and downturn in small/mid cap stks, ALCOM holders need not panic but have confidence that solid FA of implied NTA rm1.70 and prospective PE 7 and the 4 major reasons highlighted above for imminent rerating will sustain its share price, going forward.
Short term lack of buyers , not selling pressure is the reason for the flat share price, just hold tight, and wait patiently for the new catalysts annoucements soon.

LME Aluminium drop 0.35% overnight to US1997 from US2004 (Cash settlement).
lower raw material price is good for ALCOM P&L

LME-PRICES
Lme Index (02/04/18) 3204.8
LME-PRICES (02/04/18)
Cash Ask Cash Bid 3m Ask 3m Bid 15m Ask 15m Bid
Aluminium 1997 1996.5 2014 2013.5

hold tight,tight to ALCOM shares, rerating just round the corner,folks !

Bargain hunters got told off in strong terms today, when only 3 lots were done at more than 5% higher price of 77 sen than that offered by curi ayam kakis ! (73 sen).
Thanks but no thanks ! sellers prefer to wait for the imminent rerating of ALCOM, due to the Aluminium raw material sharp downtrend, +v impact from the new 2nd prod. line operating soon, expected +ve Qtr results , and launch of new property division,1st proj. Industrial Park, with bright earnings prospects.
All these catalysts will be unfolding very soon and ALCOM's price can only go one way from here..

Yes, aluminium drop 1.1 % this week and trending down..

INDUSTRIAL METALS LAST PREVIOUS CLOSE % ABSOLUTE TRADE TIME UNIT
Aluminium 2,004.65 2,026.85 -1.10 % -22.20 3/29/2018 USD per Ton

https://www.metalradar.com/lme-prices/aluminium/

Good news for ALCOM , use aluminium as raw material for its products..
http://www.theedgemarkets.com/article/shanghai-aluminium-hits-17month-low-set-worst-quarter-mid2010
The London Metal Exchange is closed on Friday and Monday for the Easter holiday. On Thursday, London aluminium hit a near eight-month low, closing just above $2,000 a tonne.

Only 31,300 shares,value at rm28,244 done today, extremely low vol., prob. sold by non-I3 members.
Almost all ALCOM holders patiently wait for the mgmt gameplan to unveil soon and refuse to give chance to curi ayam kakis, to buy cheap.
Let's look forward to a more upbeat trend next week !

“Successful investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time: You can’t produce a baby in one month by getting nine women pregnant.”

Warren Buffet
https://klse.i3investor.com/blogs/koonyewyinblog/152344.jsp

impatience will always end in regrets... just renew FD for 1 mth..overall market is downtrend anyway

can expect a positive Qtr results, and hopefully outdue +ve rerating...

the anticipated peak/subsequent lower Aluminium prices is actually good for ALCOM, tog. with the strengthen RM, its raw material cost is now lower

the delay in setting the EGM date, most likely means it will be held together with AGM,no issue, just prudent cost savings by the mgmt, thumbs up !

Can monitor ALCOM, a great value growth stock in the making, its diversifying its existing profitable coated finstock prod. and embark on Industrial Park project this year. Now at 78 sen, prospective PE of 7, read up at the ALCOM forum.

At ANSC, we were able to ramp up Coater Line 1 since December 2015 and this has contributed positively to the
Group with extra coated fin capacity. We are further expanding our capacity to improve our competitiveness for
coated fin by building a new line at the current site which will give us an additional capacity of 12,000 metric tonnes
annually. This new facility is only anticipated to be fully commissioned by August 2018 onwards.

- extract frm mar31 2017 annual report

Hang tight,tight to your holdings folks ! ALCOM real worth is coming out soon.. with the 2nd prod. line ready by mid-2018, the revenue will balloon..

yes, got many waiting for the right moment...

or is it bro. Guardize at 60 sen ?,haha

1 person wait at 66 sen, 1000 shares, another at 60 sen, 10,000 shares, is tht you ?

to new holders of ALCOM, shd not sell/switch at this price, shd have some ann. by early April and Qtr results out by early May, good fundamental stks, need some time to bloom, haha

Compare Industrial Prod. sector av. PE of 18.8 with ALCOM 2018 prospective PE of 7 and you can see the potential when market rerates ALCOM once a good set of results is ann. for 1st Qtr..

at 75 sen, ALCOM is selling at PE of 10.3 based on on a 9-mth earning of 7.24 sen for fin. yr 31st dec.2017.
based on conservative 10% growth, prospective eps of 10.6 sen for 2018, ALCOM is selling at PE of 7 !!

67% of revenue comes from Asia-Pacific countries, Thailand,India, Europe, Mid-east
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5704617

expect a good set of results this Qtr. from increased sales of finstock used in Air-cond supply by ALCOM

ALCOM is bouncing nicely at the 80 sen support line, on very low selling volume for this mth, so any weakness is only temporary, a good buying opportunity, with implied NTA 170 sen versus current 78 sen, good time to enter for fence sitters !

more new ALCOM holders realised the hidden gems in ALCOM, and refused to be short-changed by unfair buyers..hahaha

With implied backing of solid appreciating land n buildings assets , ALCOM 's NTA at 89 sen, is clearly under stated, easily worth, rm1.70 per share backing...and appreciating
..can BUY with confidence, while wait for good news..

Great ! got many silent ALCOM holders here from past years, already know the value..received big cash out last year,.now awaiting the mgmt new venture to diversify into Industrial Park project

HIDDEN GEMS IN ALCOM annual report , 31st March 2017 , (pg 68 note 15) :
the Group had engaged an independent valuer in September 2016 to value the Group’s leasehold land and buildings.
The valuation report indicated that the market value of the Group’s leasehold land and buildings was RM120 million.

Based on conservative 5% appreciation , the market value of ALCOM's land and building could easily be worth RM129 million as at March 2018.
The assets are still recorded in the books at cost of rm20.737 million, ie. land- rm13.491 m, building-rm7.246m.

NTA of ALCOM is under reported by RM108.263 million, or rm0.81 per share !!

(based on reduced share capital of 133.331 million).

revised NTA of ALCOM would be rm1.70 per share.

Any surprise, banks are queuing to lend ALCOM money for its diversification into Industrial Park property project ?

Shouldnt fence sitter, do an urgent study of ALCOM prospects NOW,..while its still under-appreciated and EGM date not set yet ?

Proposed Acquisition and Proposed Diversification
The Proposed Acquisition provides Alcom Group with the opportunity to purchase a sizeable
land, which is suitable for development in a mature location. The Kota Damansara Land is
strategically located with easy accessibility to the major highways in the area, namely the
Sungai Buloh Highway, Lebuhraya Damansara-Puchong (LDP) and the New Klang Valley
Expressway (NKVE). Further, the Kota Damansara Land is also within close proximity to the
proposed Damansara-Shah Alam Elevated Highway (DASH) which is expected to complete
by year 2020. The nearest Mass Rapid Transit (MRT) station, which is the Kota Damansara
Station is located approximately 1 kilometre from the Kota Damansara Land whilst a future
MRT station is being planned and is expected to be located only 300 metres away.
Upon completion of the Proposed Acquisition, Alcom Group intends to venture into property
development by developing the Kota Damansara Land into a gated and guarded industrial
park, housing 2 blocks of 6-storey industrial units catering for use as ancillary office,
warehouse and light industrial space (“Industrial Park”). The development of the Industrial
Park is expected to generate an estimated gross development value of at least RM500 million
over a period of 3 to 5 years. However, it is pertinent to note that the development plan for the
Industrial Park, is indicative at this juncture as the development and building plans have not
been submitted or approved by the relevant authorities. Further details of the Proposed
Development are set out in Section 4.3 of this announcement.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5654257

once BURSA gives greenlight and date for EGM set, then focus could be highlight on earnings growth in 2018/2019 in view of new production line for finstock coming online in mid-2018 and projected new earnings from property division..expect analyst rpts on eps growth and rerating for ALCOM soon..

lacklustre trading in ALCOM today, buyer/seller not keen to take agressive stance,awaiting big brother to take the lead...

Yes, agree with you,..TA & FA are positive..just a matter of when..