Short term target price is RM1.00 since it is the main resistance for the buyers before breaking to higher level. After that it can be highly possible to reach the range of the RM1.4 - RM1.5 with higher revenue and earning in the upcoming quarterly financial result.
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Due to extremely high demand in steel esp China belt and road initiative, US Biden administrative infra projects & other countries infra projects, the steel/aluminum/copper related businesses are booming. Nowadays, the most profitable and prosperous Malaysia companies are steel companies with record earning.

https://www.investing.com/commodities/ncdex-steel-futures

steel prices continue rebounce since 28May2021

Hope not the fake news.

In 1 second limit up.

In term of share price,Choobee will take over Annjoo as King of steel tomorrow.
Choobee is the highest earning steel stock so far, latest quartely financial report, EPS=20.93 cent with NTA=RM4.19. ANNJOO earning is much lower than Choobee. Annjoo NTA=RM2.19

3 cent dividend on 3Jul21 will come first. Some more dividend will come as well later.

Alcom can collect at 70cent. Only one reason, this company is still making profit even its 90% earning from property. Will goes up to 80-90cents. Can earn 15% - 20%++ if you buy at 70cent.

https://www.investing.com/commodities/ncdex-steel-futures

steel prices continue rebounce since 28May2021

LSTEEL latest quarterly EPS=5.47 cent with NTA=RM1.20.

Share price is only 72.5cent. Expect to reach at least RM1.00

Hold at least 16JUN21 5.01PM, first interim dividend of 2 cent. Some more dividend later.

Choobee RM2.50, the profit of LEONFB half of Choobee, got high potential RM1.25

LSTEEL profit is improved from previous quarter of EPS=2.68 cent to current quarter of EPS=5.47 cent. Before this new quarterly result was out, the price was already 82 cent. In my opinion,
One more, LSTEEL borrowing is not high and better business ahead. Need not worry at all.
Expect to reach at least RM1.00

Have to take break for this counter. Will come back if the quarterly result is better.

https://www.investing.com/commodities/ncdex-steel-futures

steel prices rebounce.

FMCO allows construction to continue. Steel stocks with record earning can handle this FMCO, share prices won't drop significantly.

https://www.investing.com/commodities/aluminum
Aluminum prices is continously going up.

FMCO allows construction to continue. Steel/Aluminum stocks with record earning can handle this FMCO, share prices won't drop significantly.

https://www.investing.com/commodities/ncdex-steel-futures

steel prices rebounce.

FMCO allows construction to continue. Steel stocks with record earning can handle this FMCO, share prices won't drop significantly.

https://www.investing.com/commodities/ncdex-steel-futures

steel prices rebounce.

FMCO allows construction to continue. Steel stocks with record earning can handle this FMCO, share prices won't drop significantly.

Khairy: Malaysia to get nearly 16 million more doses of Covid-19 vaccines by July; to give 150,000 jabs a day from June

16 million more doses of Covid-19 vaccines by July

https://www.theedgemarkets.com/article/khairy-malaysia-get-nearly-16-m...


Glove stocks will fall definitely, glove buyers will move their money to steel/aluminum/copper/gold stocks, especially the one with very good profit.

Khairy: Malaysia to get nearly 16 million more doses of Covid-19 vaccines by July; to give 150,000 jabs a day from June

16 million more doses of Covid-19 vaccines by July

https://www.theedgemarkets.com/article/khairy-malaysia-get-nearly-16-m...


Glove stocks will fall definitely, glove buyers will move their money to steel/aluminum/copper/gold stocks, especially the one with very good profit.

Glove stock buyers will move money to other sectors.

Khairy: Malaysia to get nearly 16 million more doses of Covid-19 vaccines by July; to give 150,000 jabs a day from June

16 million more doses of Covid-19 vaccines by July

https://www.theedgemarkets.com/article/khairy-malaysia-get-nearly-16-million-more-doses-covid19-vaccines-july-give-150000-jabs-day

From the recent 9 months, gold price always vary from time. From the lowest USD1670-USD2000 per ounce, Tomei still could earn plenty of money.

Tomei 3 latest financial quarterly results, the EPS was 9.82cent(30Sep2020), 8.42cent(31Dec2020) & 9.93cent(31Mar2021). In recent 3 quarters or 9 months, Tomei earned 28.17cents!!!.

Strong cpo prices but profit was falling. Always one reason i.e. low production. Low production is might due to shortage of labour.

Gold price up again, hit USD1900 PER OUNCE. Good news for gold as bitcoin falls.

Latest quarterly financial result is not good, losing small money instead of making money. EPS=-0.08 cent, whereas the NAV=RM3.20.

LSTEEL profit is improved from previous quarter of EPS=2.68 cent to current quarter of EPS=5.47 cent. Before this new quarterly result was out, the price was already 82 cent. In my opinion, LSTEEL should hit at least 95 cent.
One more, LSTEEL borrowing is low and better business ahead. Need not worry at all.

LBALUM profit purely from ALUMINUM.
LBALUM latest quartery financial result was EPS=5.99 cent.


One more month LBALUM upcoming financial result will be out.
As expected due to higher revenue, better profit margin, upcoming quarterly financial of LBALUM will be increased significantly.

Alcom majorities profit is still from Property sector.

The good news from Alcom is its Aluminium/manufacturing segment business starts to make profit. In comparison to the previous quarterly financial result to current one is as such:

Q4 FY2020 loss money -RM1.91 million (Aluminium/manufacturing segment only)
Q1 FY2021 make money RM1.19 million (Aluminium/manufacturing segment only)

Latest Alcom quarterly financial result, EPS=5.51 cent

Due to high usage of Aluminium/steel/copper in China and belt and road world wide projects, China regulator has to avoid extreme high metal prices to maintain their budget to grow their economy.
But, current condition is demand is much more higher than supply that cause the spikes of metal price.

Moreover, US, under Biden infrastructure project also need high metal materials. At least 2 years plus, these basic materials are in high demand. Metals related companies will receive plenty of projects. This ensure their earning becomes better and better.

LBALUM retained earning is RM189 million now.

Choobee is the highest earning steel stock so far, latest quartely financial report, EPS=20.93 cent with NTA=RM4.19. ANNJOO earning is much lower than Choobee.

Lsteel latest earning has just attracted me recently.

LBALUM is super undervalued... time to earn money.

Prestar goes up steadily due to fantastic earning of latest quarterly financial result and steel/Aluminium/copper business in high demand at least until 2023.

Lsteel recent quarterly result is extremely good, EPS = 5.47 CENT. Share price is only 72cent only. Worth to buy.

Factories should be allowed to open even stricter MCO is implemented. LBALUM share should goes up instantly once factories are allowed to open. Wait for tonite MCO news.

Steel stocks share goes up, factories should be allowed to open.

I think most factories are allowed to open even stricter MCO is implemented. Wait for today MCO announcemnt.

I think most factories are allowed to open even stricter MCO is implemented. Wait for today MCO announcemnt.

PRESTAR is super undervalued... time to earn YOUR money!!!

LBALUM is super undervalued... time to earn money.

As long as Tomei shops are allowed to open, Tomei share will goes up instantly. But, stock buyers seem to bet that all shops are disallowed to open, almost fully MCO. Wait for announcement today, most probably tonite.

Uncle Koon, the legend of promoting losing stock in year 2021

Frankly, all stocks he is promoting are good earning stocks but ...., whatever he promotes the stock will fall. Since he is so old and slow, do give him another 3-4 months time to prove his recommendations. Moreover, MCO mode, most stocks are falling now esp this 2 weeks.

High CPO price can't really help this industry. Labour shortage causes low production. Too rely on India, but India can't handle covid-19 at all.

Super undervalued stock. Earning become better and better. Those still got cash and worry of inflaton, just buy LBALUM or other metal stocks like PRESTAR, ASTINO.

Undervalued stock. Earning is becoming better and better.

Super undervalued now, Prestar.

Prestar earning, EPS become higher and higher for 4 quarters. Latest financial quarterly result, the EPS is 9.42cent. According to Prestar release news, Prestar prospect is remain positive and satisfactory.

https://sg.finance.yahoo.com/news/gold-rally-time-highs-continues-175415545.html

gold-rally-time-highs-continues

As raw material increases, the selling price related to these raw material are increased as well. If you don't believe, just go to hard ware shop, the shopkeeper never hesitate to increase the price. Just tell yourself the price still the same.
We are now in high inflation time, printing money machine never stop. This is the fact how powerful & rich countries run their economy in order to win the mandate of their people.

Metal markets like Aluminum, steel, copper, etc are extremely good in comparison with 3 months ago. Plenty of existing projects and upcoming projects as well. Profit margins are strong uptrend. US under Biden, China belt and road projects, need a lot of metals. If no money, Biden tells you that he got world wide recognized printing machine.

What you guys should worry now is inflation only. Park all your money in bank with very low interest should worry you. Your money is stolen by inflation quietly without knowing.

Metal markets like Aluminum, steel, copper, etc are extremely good in comparison with 3 months ago. Plenty of existing projects and upcoming projects as well. Profit margins are strong uptrend. US under Biden, China belt and road projects, need a lot of metals. If no money, Biden tells you that he got world wide recognized printing machine.

Speculators dream that Gaza/Israel war will bring market crash. Once market crash, they can buy damp cheap stocks again.

But, the major powerful countries like US, China, Russia, Euro,etc won't allow it. These countries at least can contain the current condition.

Need not to worry it. All powerful countries need to win their people mandate. They need to improve their economies that spend a lot of money in infrastructure which need Steel, Aluminum, copper, etc. Metals are basic material to develop their countries. If not enough money, they can print money. What people should worry now is inflation.