Still holding very well at 0.67 to 0.68. The selling pressure has stopped. Waiting for more buyers...

Then lbalum can?

king of stock, Can ask king shark to goreng LBALUM ? Nta 1.06 now only 0.675. A good fundamental company. 15 years unbroken profit records.
Thanks.
Sorry for the interruption.

Can still buy?

Good. Can get bonus very soon...

No wonder ifca price keep going up , king of stock goreng.. Dare not enter ifca ..too high

Will the gst project given to systech?

In the annual report 2014, it mentioned the next phase of expansion.

The expansion will entail the addition of two new extrusion lines with extrusion presses of 3000 tonnes and 2500 tonnes respectively. The extrusion lines are expected to be completed by the beginning of next financial year...

This company business is expanding...

Still waiting for my target price of 80 cents and above

Lbalum still a very good fundamental company and undervalue ... Wait for share buy back to be activated then the share's price will hike up..

How about ifca? Why goes up so high?

U.S. stocks climbed to record highs Thursday amid rising hopes for more stimulus in Europe and good economic news from the U.S.

Stocks gained after European Central Bank President Mario Draghi reiterated the ECB’s unanimous commitment to stimulating growth in the region...

U.S. stocks climbed to record highs Thursday amid rising hopes for more stimulus in Europe and good economic news from the U.S.

Stocks gained after European Central Bank President Mario Draghi reiterated the ECB’s unanimous commitment to stimulating growth in the region...

Waiting for the bonus issue... ex-date should be declared soon.

"This represents a discount of 40 sen or 61.54% to the theoretical ex-all price of Tek Seng shares of 65 sen, calculated based on the five-day weighted average market price of Tek Seng shares up to and including Oct 24 of 85 sen per Tek Seng share," it said.....The Edge Market

Dow jones future went up 206 points now....

Based on past data...

When is the expansion plan going to be announced?

Do you think it is too high to enter now?

Based on past data, bonus issue ex-date should be declared in Nov.

0008, thanks..I have not entered yet...

0008, till now did you purchase any sanichi share?

A solid and good fundamental company.....

Intend to hold till go up to 80cents and above...

Rebound! Stocks erase most of October losses

Today, stocks surged. People who have their money invested in funds that track the S&P 500 or tech-heavy Nasdaq are smiling. Both indexes have erased well over half their losses for October.
Or put another way: The S&P 500 is now up over 5% for the year.
And the Nasdaq, which had its best day of 2014 today, is up even higher.

Even the Dow, which has struggled the most in recent weeks, is showing signs of a momentum change. The blue chip index surged 200 points, one of its best moves of the year.
In a small but important psychological shift, the Dow is finally positive again for 2014
The market is clearly reacting positively to earnings from major U.S. companies.

Rebound! Stocks erase most of October losses

Today, stocks surged. People who have their money invested in funds that track the S&P 500 or tech-heavy Nasdaq are smiling. Both indexes have erased well over half their losses for October.
Or put another way: The S&P 500 is now up over 5% for the year.
And the Nasdaq, which had its best day of 2014 today, is up even higher.

Even the Dow, which has struggled the most in recent weeks, is showing signs of a momentum change. The blue chip index surged 200 points, one of its best moves of the year.
In a small but important psychological shift, the Dow is finally positive again for 2014
The market is clearly reacting positively to earnings from major U.S. companies.

China’s Economy Grows More-Than-Estimated 7.3% in Third Quarter

China’s economic growth beat analysts’ estimates as the government eased property restrictions and expedited spending.

Gross domestic product rose 7.3 percent in the July-September period from a year earlier, the statistics bureau said today in Beijing, compared with the 7.2 percent median estimate in a Bloomberg News survey of analysts. September industrial production also exceeded projections.

China’s Economy Grows More-Than-Estimated 7.3% in Third Quarter

China’s economic growth beat analysts’ estimates as the government eased property restrictions and expedited spending.

Gross domestic product rose 7.3 percent in the July-September period from a year earlier, the statistics bureau said today in Beijing, compared with the 7.2 percent median estimate in a Bloomberg News survey of analysts. September industrial production also exceeded projections.

U.S. economic news was mostly positive on Thursday. Jobless claims fell by 23,000 to 264,000 in the week ended Oct. 11, the Labor Department said Thursday. Economists surveyed by The Wall Street Journal had forecast 290,000 claims.
Separately, industrial production rose 1% in September, the Federal Reserve said Thursday, beating expectations of a 0.4% gain.

U.S. economic news was mostly positive on Thursday. Jobless claims fell by 23,000 to 264,000 in the week ended Oct. 11, the Labor Department said Thursday. Economists surveyed by The Wall Street Journal had forecast 290,000 claims.
Separately, industrial production rose 1% in September, the Federal Reserve said Thursday, beating expectations of a 0.4% gain.

The company predominantly caters to the domestic market, it exports some 30% of its products to the UK, Australia, North America, South-East Asia and Japan.
Take note that Malaysia's GDP is still above 5%.

goinvest...Just look at it as paper loss not actual loss.

"If you own your stocks as an investment—just like you'd own an apartment, house or a farm—look at them as a business," Buffett advised. "If you're going to try to buy and sell them based on news or something your neighbor tells you, you're not going to do well. Find a good bunch of businesses and hold them."

Do you know that beside being the biggest aluminium extrusion plant in Malaysia, it's subsidiary RANK METAL SDN BHD is a metal recycling co. ?

RANK METAL SDN BHD:
Our Core Business:
The recycling operations of Rank Metal Group involve collection, segregation, testing, processing and shipping of metal scrap to major melting plants around the globe. Our customers include major melting plants, foundries and metal brokers of ferrous and non ferrous scrap.

Apart from metal recycling business we also offer e-waste collection and processing technology and advisory services. We also provide mills and plants services on machine scrapping and recycling of old equipment.

Our Recycling Business
We are one of the most dynamic and growing groups in the recycling business with “Service thru Quality” as our main objective. We take pride in our quality control methods and systems which we have developed over time


Our Other Businesses
Our group has historically sought to capture the benefits of business integration wherever possible. Our other businesses include melting technology and advise, waste collecting advise and melting of scrap metals giving us the benefits of integrating
Our recycled metals to the finished products.

OKA cheap sale... Buy Buy Buy

Anyhow, U.S. stocks rallied again as the jobless rate declined to a six-year low of 5.9 percent in September.

Don't give in to buyer's price. The share's price will go up if you stick to your price. BE A WINNER !!!

LBALUM's shareholder is entitled to get 2 cents dividend. The ex-date should be in this month. Though it is not much, why don't wait to get what you deserved. Another request is go to OPCOM counter and observe how the shareholder sell their shares. They basically don't sell cheap and can wait to fetch a higher price.

Let's practice this way of trading in this counter.

Another plus point about this company is the cash has increased from 20 million in 2010 to about 35 million in 2014, so this company is making money and is cash rich. It has a debt to total capital ratio of only 20.50% meaning this company's debt is not very high and in fact is decreasing.
So, the fundamental of this company is very good.

According to Warren Buffet, we should invest in an undervalue stock. When you buy a stock, you are actually looking at the potential of the business.
Presently, the usage of aluminium has expanded tremendously. Eg. the latest model of MYVI
AXIA and PROTON IRIZ 's engines are made of aluminium. So, you can imagine LBALUM
extrusion plant business should be growing very well. Even the latest Iphone 6 is made of aluminium casing....

In 2002, the chairman of LBALUM stated that despite the global economic slowdown an political uncertainties subsequent to the September 11 tragedy in New York, the financial report of this company is successful with record profit as well as completion of expansion projects.

LBALUM is an undervalue stock. P/E ratio is only 8.62 and NTA is 1.060. This share presently is traded at a discounted price, still has a lot of potential to grow. Most of the shares in KLCI are already overvalued.
PMETAL is an overvalue stock. P/E ratio is very high 55.40 and NTA is 3.290. That's why LBALUM cannot be compared to PMETAL.