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2016-10-24 13:47 | Report Abuse
KUALA LUMPUR (Oct 24): BCM Alliance Bhd rose as much as 8.5 sen or 45% during its maiden trade on Bursa Malaysia's ACE market as investors eyed the company's profit growth and dividend.
The laundry and medical equipment distributor's shares rose to their highest at 27.5 sen from the stock's initial public offering (IPO) price of 19 sen.
At 10:40am, BCM pared gains at 23 sen. The most-active stock on Bursa Malaysia saw some 105 million shares traded.
BCM's net profit increased to RM2.59 million in the second quarter ended June 30, 2016 from RM1.96 million a year earlier. Revenue was higher at RM17.7 million versus RM17.02 million.
The company announced a dividend of 0.4 sen a share for the quarter. The ex-dividend and payment dates fall on this Nov 3 and 21 respectively.
Today, BCM managing director Liaw Chong Lin told reporters at the listing ceremony that laundry and medical device revenue contribution are expected to be about 50% each in the near term.
"Last year, you can see we had about 60% (of revenue) from laundry and 40% from medical, but this year we are quite on par," Liaw said. He said he expected to see a similar composition in 2017 and 2018.
BCM's IPO involved a public issue of 84.25 million new shares and an offer for sale of 42.13 million shares at 19 sen each.
At 19 sen, BCM has a market value of RM80.04 million based on the company's expanded issued base of 421.25 million shares.
2016-10-24 11:23 | Report Abuse
Signal come! Break 1.08 & hit 1.10... sit tightly!
2016-10-21 14:11 | Report Abuse
DRwarrant, up down we juga want to say thanks to you! Your spirit never die! I thinks Dato TPY mesti perlu give you a big hug.
2016-10-21 13:58 | Report Abuse
Golden egg gem! haha...shooting till 2017.
2016-10-19 22:50 | Report Abuse
m know but m dont want to tell you. guess?
2016-10-14 14:17 | Report Abuse
Ringgit weak is long time symptom already. Not a big deal!
2016-10-14 13:23 | Report Abuse
Signal in! Hitting rm2.01.. Tight up your sit belt!
2016-10-14 13:20 | Report Abuse
All get ready! Tight up your sit belt! haha...
2016-10-13 11:45 | Report Abuse
arrr... semua orang dah tau siapa you. umur nama alamat.... so fearful! investar!
2016-10-12 17:15 | Report Abuse
Tomorrow gap up! immediate target rm2.30 huat huat huat.
2016-10-12 16:54 | Report Abuse
hock2, tu tiok lu ka suoi siau!
2016-10-12 16:44 | Report Abuse
Mr OTB, just stop to answer them. :)
2016-10-11 12:50 | Report Abuse
You saved a new person, but harm thousands of people. So clever you are you might know what this mean.
2016-10-10 15:43 | Report Abuse
probability, you share physics astronomy sky mass and these make me feel that steel player going to boom soon.
2016-10-10 15:22 | Report Abuse
So, you orang recount kyy otb so many times ady. We kam sia you orang. i thinks enough ady.
2016-10-07 16:10 | Report Abuse
means, 0.10 up to 1.00 consider overvalue, and 1.00 down to 0.10 consider undervalue? emhh..not necessary!
2016-10-07 15:38 | Report Abuse
agree with you market bad, if not, mycron fly ady.
2016-10-06 21:47 | Report Abuse
siapa up cepat? of course cscstel mycron choobee emetall.
2016-09-29 18:41 | Report Abuse
The Board of Directors of the Company (“Board”) wishes to announce that the Board has on 28 September 2016 resolved to dissolve the Investigation Committee with effect from 28 September 2016.
2016-09-29 16:30 | Report Abuse
Tomorrow could be up ten cents after three correction day or contra. Base on latest earning yield not including next predicted good results rm1.23 should be fair value. Correct me if can.
2016-09-28 18:26 | Report Abuse
I want to vomit liao after see two cats comments.-_-||
2016-09-28 11:44 | Report Abuse
i hopes you peoples sell more to suit the volumn that market needed.
2016-09-27 11:12 | Report Abuse
Only share the above article in here and mycron. Why? Thinks yourself.
2016-09-27 10:49 | Report Abuse
We still waiting Nexgram to become dato nexgram base on her properties land & I.T.
2016-09-27 10:19 | Report Abuse
correction mode, will up anytime.
2016-09-27 10:15 | Report Abuse
Dato steveooikp, i dont know dato twa huat mana, i know dato dr at luster.
2016-09-26 16:33 | Report Abuse
Yes! TPY ady Dato, OKA ady Dato, but Nexgram still small boy.
2016-09-26 11:12 | Report Abuse
Sure a bit slow bcos too famous among all. Wait all others stock up to a certain level first.
2016-09-25 22:05 | Report Abuse
No need close eye, aunties & uncles now seldom 'playing' share, they play tvbox :d
2016-09-25 21:08 | Report Abuse
坦白告诉你,近期内一但有steel字母的,不买才傻。
2016-09-25 21:00 | Report Abuse
sostupid, 我看到你这一天半至目前还在每处尝试渡人。而且,都是在蛮好的股票forum里。
2016-09-25 18:55 | Report Abuse
skyea, you must to know how NTA work.
Stock: [BCMALL]: BCM ALLIANCE BERHAD
2016-10-24 15:44 | Report Abuse
Hopefully up later and beautiful closing.