Stockjobber, my sincere apologies for unintentionally causing you much hurt. That's not entirely on my mind, whether implicitly or explicitly. Sad you have taken another interpretation. You can refer to my earlier threads here.(my consistent attitude) We are all capital-asset seekers hoping to have good harvests in aluminum counters. I don't have the slightest intention to hurt anyone. I wish all to do well in their investing pursuits.

Jefflim1234, I worry The_Reds, in the euphoria of excitement and melodrama, might accidentally put on currently trending "Wonder Woman," suit instead. Ha, ha, ha.

Jefflim1234, No need to take the helicopters. China-made drones are presently powerful enough to transport people! Ha, ha, ha.

aikinlai
[ Wow...yuanlong. ur English writing so deep Wei...must a high educated. ]
Rephrasing comments.
LBalum has all the necessary conditions to do well but, disappointingly it still hasn't done so. This is causing much frustration among forum members who may lost control over their emotions. Stockjobber becomes a victim of circumstances.
English - MCE only (Cambridge Local Examination Syndicate 1976) Ha, ha, ha.

Slow and steady wins the race.

The top of the morning to Jefflim1234, LPTan68, The_Reds, kennyku & all at Alcom Arena for the ultimate destination to the Shangrila of Alcom Golden Palace. Great to see all in high spirits despite an electrifying super-charged, grueling melodrama these days.
I think it's nice to start the day on a cool note with the song' "Coming Home."
https://youtu.be/k-ImCpNqbJw

TheContrarian, how have you been? How about listening to your favourite song by Doris Day, "Whatever will be, will be?" I like it too, especially the part with the lyrics, "the future is not for ours to see..."
https://youtu.be/azxoVRTwlNg

aikinlai Good morning. No matter what, we've to put petty things aside. Let's all rally together to make sure LBAlum shines and excels so that we all can benefit capital gains. Right?

kennyku, try to relate the theoretical explanations of RSI to the experiences you've been through these days at Alcom counter. What indications do the RSI tell you within the matrix of the speed of price movements and the implications of "overbought" & oversold?"

aikinlai You see, I'm proven right. I did tease stockjobber not to pull our legs.There is an air of tense mood in LBAlum counter. It's psychologically understandable as pent-up expectations of LBAlum are high considering the fact that all the prerequisites for an outperformance are there but LBAlum still hasn't risen to the occasion as yet.

Yes, kennyku asked about what does RSI stand for.
"The relative strength index (RSI) is a momentum indicator developed by noted technical analyst Welles Wilder, that compares the magnitude of recent gains and losses over a specified time period to measure speed and change of price movements of a security."

For more detailed explanation, follow this link:
https://www.fidelity.com/learning-center/trading-investing/technical-analysis/technical-indicator-guide/RSI

kennyku must have tasted lots of quality Alcom honey these few weeks to be so euphoric and enthusiastic. Ha, ha, ha.

aikinlai I understand that LBAlum is not so generous with giving dividends. Will the management change their mindset? It remains to be seen.

Stockjobber Are you trying to pull our legs? Please don't as everyone has been having intense sentiments these days. Ha, ha, ha.

不谢.

Price levels from 2.30 - 2.32 + indication
@2.32 Buy 86,100 (93.69%)
@2.31 Buy 42,800 (62.21%)
@2.30 Buy 181,200 (56.13%)
RSI 83.816 @2.210
Momentum 0.86

Total Buy volume 717,700
Total Sell volume 1,052,800
Buy rate 40.54%
RSI 85.013 @2.220
Momentum 0.87

LPTan68, 在夸我? 谢谢. 不敢当, 不过真好听的. 哈哈哈. 前辈, 下午好.

Total Buy volume 707,500
Total Sell volume 1,005,900
Buy rate 41.29%
RSI 85.013. @2.220

Kennyku, wah, very positive learning curve and you are learning fast. Happy for you.

mamipoko, thanks for the link. Valuable input.

The_Reds, wow, double seatbelt but no helmet meh?

Frankly speaking, LBAlum's momentum is a bit light.

Data Analytics
0.940 Buy 350 100% swept promptly
0.935 Buy 1939 (44.66%) Sell 2,403 (55.34%)
0.930 Buy 1160 (26.96%) Sell 3143 (73.04%)
0.925 Buy 874 (39.35%) Sell 1347 (60.65%)
0.920 Buy 291 (21.24%) Sell 1079 (78.76%)

New high @ 0.940

Affirmatively YES. As a Chinese saying goes, "The times makes a hero," and Alcom is that hero.

Zoomsbooms, I notice that LBAlum usually declare a dividend (albeit a small sum) in their QR ending 30 April. There shouldn't be no reason why LBAlum can't give any dividend. Market scenario is aluminium thematic play when aluminium counters are riding high on aluminium premiums and rewarding their shareholders with dividend, special dividend and in the case of Alcom a very attractive cash repayment.

Apollo Ang, good morning. Thanks for your insight on Jaycorp. It has gone up by 6 sen yesterday.

I've a naughty question:
Will the management at LBAlum declare a dividend and special dividend higher than that of Alcom in an attempt to outdo Alcom? For our common thoughts and reflections. Ha, ha, ha.

Sharing from forum at Alcom's peer LBAlum
Posted by TheContrarian > Jun 28, 2017 11:24 PM | Report Abuse

LBAlum can't compete with Alcom.

yuanlong57
1048 posts
Posted by yuanlong57 > Jun 29, 2017 12:23 AM | Report Abuse X

TheContrarian, you are in a way right. Alcom is blazing furiously breaking uncharted territory with new high with each trading day. It's unbelievably defying beyond conventional technical chart indications and investors' forecast, recording YTD an all-time high of 2.27 within 5 years. It's still blazing like the latest China's HSR trains gliding effortlessly on trackless railway routes. Alcom's engine is already in moving kinetic speed picking up further acceleration as it advances towards its destination.
On the other hand, LBAlum engine has just ignited, just about to gather momentum pending QR release and dividend announcement. Alcom has two high-powered engines of special dividend of 20.5 sen and cash repayment of 32 sen. As I see it, LBAlum's performance will greatly hinge upon an excellent QR and generous dividend or probably an additional special dividend. Just my personal views not even 2 sen worth at all. Ha, ha, ha.

TheContrarian, you are in a way right. Alcom is blazing furiously breaking uncharted territory with new high with each trading day. It's unbelievably defying beyond conventional technical chart indications and investors' forecast, recording an all-time high of 2.27 within 5 years. It's still blazing like the latest China's HSR trains gliding on trackless railway routes. Alcom's engine is already in moving kinetic speed picking up further acceleration as it advances towards its destination.
On the other hand, LBAlum engine has just ignited, just about to gather momentum pending QR release and dividend announcement. Alcom has two high-powered engines of special dividend of 20.5 sen and cash repayment of 32 sen. As I see it, LBAlum's performance will greatly hinge upon an excellent QR and generous dividend or probably an additional special dividend. Just my personal views not even 2 sen worth at all. Ha, ha, ha.

祝你发,发,发大才in both counters.

Yes, that's the spirit brother 兄弟。Simultaneous Bursa live "streaming" trading at Alcom & LBAlum counters. That's the way to go.

LBAlum is starting to inch a little bit today. Tomorrow QR release is game changing day. Will
LBAlum rage like an unstoppable wild bull like Alcom?
I look forward to exciting Times in both Alcom and LBAlum counters tomorrow. My mobile Bursa trading kit consisting of one Huawei Media Pad 10.0, Samsung Galaxy Note 8 and Huawei Mate 9 will be stationed right in front of my breakfast plate.
Ha, ha, ha.

TheContrarian, just leveraging on aluminium theme play. Moderate weightage only.

Cash Repayment - Petition to High Court

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

PROPOSED CAPITAL REDUCTION AND REPAYMENT OF UP TO APPROXIMATELY RM43.0 MILLION ("PROPOSED CAPITAL REPAYMENT")
Unless otherwise stated, all definitions used in this announcement shall carry the same meaning as defined in the announcement dated 12 April 2017 in relation to the Proposed Capital Repayment.

We refer to the announcements dated 12 April 2017, 30 May 2017 and 22 June 2017 in relation to the Proposed Capital Repayment.

On behalf of the Board, AmInvestment Bank wishes to announce that Alcom had on 28 June 2017 filed a petition to the High Court of Malaya for confirmation of the special resolution approved by the shareholders of Alcom to reduce the share capital of Alcom from RM142,443,933 to between RM99,458,061.64 and RM100,123,341.64 pursuant to Section 116 of the Act. Further developments will be announced in due course.

This announcement is dated 28 June 2017.

Isaac225, you're very right again. As capital asset-seeking players in Bursa Malaysia, we wish all well in the spirit of investing 兄弟 (brothers). We will not run down each other in disrespectful way. However, we may sometimes tease playfully to liven up the forum atmosphere. All aluminum counters play complementary impact on each other, setting the momentum and cascading catalyst.

The_Reds, just taking a walk to other aluminium peer counters. Over at Alcom I've already set to autoplay via Good-to-date @ 2.12 early morning. Not promoting, just an impulsive response to isaac225 comments. We're all players merely seeking to scoop some capital assets from aluminium counters. Accord due respect to all players. For your information, I do hold some positions in LBALUM too. What's good for LBAlum is good for me too. Ha, ha, ha.

Took a walk to other aluminum counters just now. Some information for sharing.
@LPALUM counter:
[ isaac225: no volume here and all the volume go to Alcom...having concert there..]
28/06/2017 12:04

yuanlong57 isaac225, You're right. [ no volume here and all the volume go to Alcom...having concert there]
No, it's not concert ... it's BURSAwood gala time at Alcom. The slogan is, 再破新高 (breaking new high again)
Data analytics:
High 2.23. Low. 2.11
Total buying volume 1,295,000
Total selling volume 638,900
Buy rate 66.96%

isaac225, You're right. [ no volume here and all the volume go to Alcom...having concert there]
No, it's not concert ... it's BURSAwood gala time at Alcom. The slogan is, 再破新高 (breaking new high again)
Data analytics:
High 2.23. Low. 2.11
Total buying volume 1,295,000
Total selling volume 638,900
Buy rate 66.96%

@2.23 59,600 100% grabbed quickly.

Desirees, you still have about two and a half months to play, play with good rewards.

Data analytics reveals that this morning session we have lots of latecomers who don't want to miss the attractive 20.5 sen special dividend and the enticing 32 sen cash repayment.
I venture to predict that hitting 2.30 over this afternoon session is not a remote possibility.

Kennyku, my hat off to you! You rare, bare, daredevil!

@2.210 Buy 24,700 (64.66%)
Sell 13,500 (35.34%)

Total buying volume 1,104,000
Total selling volume 558,200
Buy rate 66.42%

Congrats turbochart

Summary
Total buying volume 982,700
Total selling volume 558,200
Buy rate 63.77%

Wow, kennyku has become so brave already to dash furiously with the superbulls at the frontline with Alcom flag held high in his hands. Bravo, kennyku, kawanku. Ha, ha, ha.

It looks like there is very strong buying volume @ 2.17.
282,100 (80.88%) vs 66,700 (19.12%)
From data analytics, those buying are mostly retail investors judging from the loose, small quantities of shares bought. These people could be latecomers who got info a bit late.