Posted by Titan > 2021-05-18 11:29 | Report Abuse

can you guarantee the next 3 quaters Alcom will report eps of minimum 7.5c? If yes, I hoot9e.....lol

Posted by roger3210 > 2021-05-18 11:55 | Report Abuse

get ready for limit down :D

Posted by roger3210 > 2021-05-18 11:57 | Report Abuse

he didnt realized tat alcom last QR profit came from property, while aluminum biz still losing money, furthermore, alcom is a downstream player, increase of aluminum actually increase the cost of production, if only alcom can pass the cost to consumer or else alcom will be in deep trouble.

Posted by stockfreak > 2021-05-18 11:58 | Report Abuse

The same thing when he yelled ASP will go up for gloves earlier. Then he sold all Supermax without telling public until weeks later.

Posted by stockraider > 2021-05-18 12:00 | Report Abuse

Yes buy steel & alum stock yesterday big correction on these stocks,,,now very attractive price loh!

Posted by Titan > 2021-05-18 12:03 | Report Abuse

what u expect oh when one just tell u 7.5c x 4Q = 30c eps annually. U see this type sales pitch.....u pack ur bag and kin kin chao loh.....apa lagi tunggu

Posted by CCCL > 2021-05-18 12:04 | Report Abuse

Talk only, price won’t move much unless uncle bought over 5% or more. Show your buying power!

Posted by roger3210 > 2021-05-18 12:05 | Report Abuse

cant wait to see it limit down in next 2 weeks. XD

Posted by stockraider > 2021-05-18 12:09 | Report Abuse

U think so easy to limit down meh ??

We are in the commodities cyclical bull cycle & these are fuel by low interest rates & high liquidity which give it strong added boost mah!


Posted by roger3210 > May 18, 2021 12:05 PM | Report Abuse

cant wait to see it limit down in next 2 weeks. XD

Posted by roger3210 > 2021-05-18 12:17 | Report Abuse

Kyy should be holdng over million units, this stock has very low liquidity, even 1 million unit can make it drop double digit, not to mention the panic selling from those who chase high when he start cutting loss :D The ripple effect will be massive. Not surprise it if limit down

Posted by Sslee > 2021-05-18 12:18 | Report Abuse

If you are in the downstream and your raw material price keep increasing do you think you can pass down the increase price to your customers?

Posted by roger3210 > 2021-05-18 12:26 | Report Abuse

depends on the demand, demand in malaysia is weak :D unless u can export to US/Europe/China which Alcom is not.

Posted by gohkimhock > 2021-05-18 12:32 | Report Abuse

yes. the commodity price is rising but it does not mean malaysian steel players will benefit from it. Same like oil and gas. Unless you are able to extract the thing yourself and become the upstream players.

Posted by stockraider > 2021-05-18 12:53 | Report Abuse

The present high price of steel are due to China (world biggest producer} curtailment of export & production of steel & this is beside high iron ore prices and high standard of environment protection impose by china govt.

Consequently msia downstream producers sit on inventory gains plus ability to pass the cost increase to consumers due to less competition from china mah!

Posted by Sslee > May 18, 2021 12:18 PM | Report Abuse

If you are in the downstream and your raw material price keep increasing do you think you can pass down the increase price to your customers?

Posted by djibaok > 2021-05-18 12:58 | Report Abuse

cannot because got covid

Posted by stockraider > 2021-05-18 12:59 | Report Abuse

Covid pun olang buat banyak business mah!

Posted by djibaok > May 18, 2021 12:58 PM | Report Abuse

cannot because got covid

Posted by Sslee > 2021-05-18 14:59 | Report Abuse

KUALA LUMPUR (May 18): The steep climb in commodity prices to multi-year high levels, if not record high, is inflating companies' input costs at a time many businesses are struggling with low sales volumes brought about by the Covid-19 pandemic.

Noting that a "margin squeeze is inevitable" for manufacturers, Federation of Malaysian Manufacturers president Tan Sri Soh Thian Lai said it is not that easy to pass on the cost increments to customers, citing scenarios in which companies could be bounded by contracts, renegotiations would be needed for price adjustments.

He commented that the rise in commodity prices is a global phenomenon and is likely to impact all businesses especially amongst competing suppliers. Any price hike will trigger a chain effect, he added.

"Given the current economic conditions, some manufacturers are content to keep their business alive and sustain jobs, and not concerned with optimising profit," said Soh.

However, he noted that even if the commodity prices have increased, it may not necessarily translate into higher costs immediately as businesses producing commodities-based products would have hedged by keeping some inventories.

Posted by stockraider > 2021-05-18 15:09 | Report Abuse

The correct approach for business....is if u face lowering demand & increasing cost....They should increase price immediately, so that u can achieved higher margin & prepare to do lesser business loh!

U see...if u go for low price war...with low margin no use loh....bcos your margin will be much less & u cannot attract so much demand anyway, thus cannot cover your cost loh!

Of course this business association chairman, will say tough time with high input cost & cannot raise price, hoping that they can attract some Govt support loh!

In fact high input cost is the best time to raise price & margin loh!

Posted by Sslee > May 18, 2021 2:59 PM | Report Abuse

KUALA LUMPUR (May 18): The steep climb in commodity prices to multi-year high levels, if not record high, is inflating companies' input costs at a time many businesses are struggling with low sales volumes brought about by the Covid-19 pandemic.

Noting that a "margin squeeze is inevitable" for manufacturers, Federation of Malaysian Manufacturers president Tan Sri Soh Thian Lai said it is not that easy to pass on the cost increments to customers, citing scenarios in which companies could be bounded by contracts, renegotiations would be needed for price adjustments.

He commented that the rise in commodity prices is a global phenomenon and is likely to impact all businesses especially amongst competing suppliers. Any price hike will trigger a chain effect, he added.

"Given the current economic conditions, some manufacturers are content to keep their business alive and sustain jobs, and not concerned with optimising profit," said Soh.

However, he noted that even if the commodity prices have increased, it may not necessarily translate into higher costs immediately as businesses producing commodities-based products would have hedged by keeping some inventories.

Posted by Bullbursa > 2021-05-18 15:37 | Report Abuse

ALcom profit from property segment, not aluminum. Don’t be trapped

Posted by roger3210 > 2021-05-18 15:45 | Report Abuse

alcom seller unlimited supply, insider non stop selling ahead of QR :D

Posted by Supermax2020 > 2021-05-18 16:51 | Report Abuse

Just one word… RUN!!!!

Posted by ahbah > 2021-05-18 17:07 | Report Abuse

Buy our Bukit Besi in Terengganu ?

Posted by Petronas > 2021-05-18 18:49 | Report Abuse

Wow.

Posted by Ron90 > 2021-05-18 20:43 | Report Abuse

metal already reaching its limit, china govt has gv stern warning to speculators to reduce the price of raw materials.. this apek KYY should know la.. Who dare to go against cumminist party regime?..price of all metal counters already appreciated >300% since the beginning of this year.. Better move out

Posted by Ron90 > 2021-05-18 20:45 | Report Abuse

at local economy down, construction down.. who need steel bars??.. some more wanna increase price

Posted by gemfinder > 2021-05-18 21:43 | Report Abuse

Remember the same story? When covid cases keep increase, it is ilogical for gloves counters to drop. What hapen to gloves counter? When he said the same old story, means px for metal counters r peak!!!!

Posted by gemfinder > 2021-05-18 21:44 | Report Abuse

Beter run b4 he acept mistake

Posted by LaoTzeAhSir > 2021-05-18 21:59 | Report Abuse

last time gloves you also say like dis le. then you lose until ahma can't recognize n cut loss, then talk bad about glove. all investors must recognize this buying opportunity? you think any sane person would ever believe you again? mr con you win.

Posted by chopstick > 2021-05-19 07:46 | Report Abuse

this companies do not produce the own aluminium from raw, not like glove companies, Finished products will be more expensive due to higher price of raw aluminium . they need to buy at high cost of raw to make their finished products. if some of their contracts job were awarded before the price increase. can the companies make more profit.

Posted by Bgt 9963 > 2021-05-19 08:49 |

Post removed.Why?

Posted by Andre Kua > 2021-05-19 08:58 | Report Abuse

Uncle missed his opportunity to sell Leon Fuat at the highest. Otherwise this article wont come out.

Anyway, China government has come out and instructed steelmakers not to participate in pricing manipulation. I think China government also caught out by the spike in demand after ordering factories to shut down to reduce pollution. Iron ore has dropped after that. I foresee pricing will go down slowly in the next 6months. It takes a couple of months to boost supply to meet demand.

Posted by Bizfuneng > 2021-05-19 09:14 | Report Abuse

Haha......uncle very busy publishing many articles lately.

Posted by EatCoconutCanWin > 2021-05-19 09:41 | Report Abuse

brainless article..

Posted by stockfreak > 2021-05-19 09:42 | Report Abuse

This is called inflation. And US will do something about it. If not, investors will prepare for it.

Posted by stockraider > 2021-05-19 10:44 | Report Abuse

VERY IMPORTANT STUDY REVISION ON CYCLICAL BLUE ON METAL MAH!

U think so easy to limit down meh ??

We are in the commodities cyclical bull cycle & these are fuel by low interest rates & high liquidity which give it strong added boost mah!


The present high price of steel are due to China (world biggest producer} curtailment of export & production of steel & this is beside high iron ore prices and high standard of environment protection impose by china govt.

Consequently msia downstream producers sit on inventory gains plus ability to pass the cost increase to consumers due to less competition from china mah!


Posted by Voyage2Holland > May 19, 2021 10:25 AM | Report Abuse

Kyy will take you to Holland. Price increase only benefit the smelter.Not traders.F&N margins are being squeezed bcos of rising commodity prices.Ask F&N why dont increase prices like KYY suggested.
KYY WILL TAKE YOU TO HOLLAND.

Posted by ahbah > 2021-05-19 10:59 | Report Abuse

kyy takes us to Holland once in a blue moon but mani times he took us to the Pure Land of eternal bliss$$$.

After all, no human is perfect !

Posted by Starship2 > 2021-05-19 13:04 | Report Abuse

The focus is on stocks so i am not sure if it is okay on something else. A small correction..china with a population of 1.4 billion is expected to have the biggest gdp soon. It is NOT the richest..it is, if i am not mistaken is 67 or so on the list. Bahrein is on the top with Singapore next. The USA and most of the European countries are among the top 20 richest countries..

Posted by gladiator > 2021-05-19 14:39 | Report Abuse

Now steel counter already heavy correction can bottom fish d.

Posted by kkteng70 > 2021-05-19 16:46 | Report Abuse

uncle want to sell lol...

Posted by roger3210 > 2021-05-19 16:54 | Report Abuse

uncle margin call soon, prepare for limit down especially alcom

Posted by skyz > 2021-05-19 16:59 | Report Abuse

dun keep on asking ppl to absorb while you are silently selling la KYY, we know your tricks already. and its damn annoying!

Posted by Stockisnotfun > 2021-05-19 17:21 | Report Abuse

Supermax up again wo. You got buy or not Kyy!

Posted by robertzz > 2021-05-19 17:23 | Report Abuse

kyy gonna panic sell alu and steeel counter... watch out guy !!

Posted by ahbah > 2021-05-19 17:26 | Report Abuse

Please no wrestle with kyy in the mkt bcos he is a mkt expert !

Posted by haridassa > 2021-05-19 21:30 | Report Abuse

This Goon is talking crab story....how much profit can these companies make......1 billion a quater? Dungu oldman . Good up 20 sen and then drop 80 sen then the steam gone left in the doldrums.

Posted by gohkimhock > 2021-05-19 21:45 | Report Abuse

Looking at the harsh comments here, Mr Warren Buffet has some words for uncle KYY..

"It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.."

Posted by arv18 > 2021-05-20 02:35 |

Post removed.Why?

Posted by SpeedNpower > 2021-05-20 07:31 | Report Abuse

Whenever kyy publish news you all better sell. Once publish counter will go down and down.

Posted by kl_guy > 2021-05-20 09:00 | Report Abuse

I already lost trust on KYY after the glove theme play. now want to play the steel counter, then come with all story on steel counter. He should have call buy on steel last year December when they are still cheap. Better sell steel counter and move to others oversold counter.

Posted by skyz > 2021-05-20 09:00 | Report Abuse

I dunno its already the Nth time he sing song about steel. same modus operandi with gloves. then suddenly will U-turn. Glad to see many already know his hidden intentions when he post articles