ALCOM GROUP BERHAD

KLSE (MYR): ALCOM (2674)

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Last Price

0.85

Today's Change

0.00 (0.00%)

Day's Change

0.835 - 0.865

Trading Volume

113,700


1 person likes this.

5,602 comment(s). Last comment by Robert Waters 2023-05-23 22:32

chopstick

470 posts

Posted by chopstick > 2021-04-26 13:19 | Report Abuse

i had use my dickhead to think over, Do all this aluminium and steel co. do had mine to mine their alumi, and steel. not like glove co. they do have.

Posted by paultheoct > 2021-04-26 13:50 | Report Abuse

chopstick:

What mine are you talking about. At an output of 600k plus metric tonnes per year, Malaysia ranks 6 in terms of major producer of latex. The biggest producer of latex is Thailand with close to 5M metric tonnes per year.

Malaysian glove factories use only 8% of locally sourced rubber. 92% is imported from Thailand. The Thai government has announced that they will be reducing exports of latex so as to encourage glove factories to relocate there.

There is currently a glove boom like the 1848 California gold rush. Like the gold rush, it was the merchants who made money. That's how Levi Strauss became rich and the start of the maxim, "during a gold rush, sell shovels."

Similarly, logistics companies, ports, suppliers of aluminium roofs and building sheets, aluminium finstock for air-conditioners etc will do well.

SEE_Research

4,568 posts

Posted by SEE_Research > 2021-04-26 18:04 | Report Abuse

To :
maggiemee
Old fox sudah profit taking you all still follow him?
Wakakaka
26/04/2021 10:18 AM
==============================================
Alcom /2674
1. For this time,
SEE_Research have to disagree with you,
and also others who may doubt on the positive trend of this share is in progress of uptrend.

1.1 An uptrend technical chart,
describes the price movement of a financial asset, stock,
when the overall direction is upwards mode,
each successive peak and trough
is higher than the ones found earlier in the trend.
1.2 The uptrend is composed of higher swing lows and higher swing highs.
1.3 As long as the price is making these swing lows, much higher,
and making higher high, the uptrend is considered intact.
1.4 Two very common
price actions trading strategies - -

are to buy when the price pull back, or buy on weakness during an uptrend stock.
As the price rises, it will oscillate up and down, the investors believe that the particular stock is on uptrend mode, they can buy during the period of the pulls back
RM 1.14 and subsequently reap the profit from the ensuing price rises, when it reach their desired target price.
1.5 Some traders, prefer to wait for the price to be on more upswing, this means, they may end up, buying near the prior high,
as when the stock surge up into the new high territory,
in this case is RM 1.25/ breakout price.
1.6 In short, this stock is pronounced as an uptrend stock, at
Low RM 1.13
High RM 1.26
1.7 At 4.32 pm,
26 April 2021,
RM 1.14

Closed RM 1.20 ( - RM 0.04)

Short term TP RM 1.50
Mid term TP RM 2.32

======================================≠
Thanks

chopstick

470 posts

Posted by chopstick > 2021-04-26 18:16 | Report Abuse

alcom is not a mining company, just like tomei ,poh kong they are not gold mining company, they will buy high price from raw , make end produce at high price too. so profit margin not much different

Posted by paultheoct > 2021-04-26 18:43 | Report Abuse

chopstick:

Malaysia glove factories buy latex from Thailand. Rubber price has increased from USD1.33/kg in April 2020 to USD2.2/kg today. So by your logic, margins for glove companies will not be different?

chopstick

470 posts

Posted by chopstick > 2021-04-26 18:46 | Report Abuse

here we are sharing alcom not rubber company. pls share your idea at the right place

calvintaneng

53,285 posts

Posted by calvintaneng > 2021-04-26 19:35 | Report Abuse

I see here got comment of rubber?

One of The biggest producer of rubber is Fgv

if rubber up so much then Fgv should do extremely well

Posted by Kristina Melody > 2021-04-26 21:43 | Report Abuse

will it goes down?

stainlyho37

2,253 posts

Posted by stainlyho37 > 2021-04-28 15:11 | Report Abuse

good to go in now....!!!hope to close above 1.15.....

SEE_Research

4,568 posts

Posted by SEE_Research > 2021-04-28 19:05 | Report Abuse

Alcom /2674

This share is an uptrend stock,
means that the prices oscillate in up and down daily patterns
higher high,
higher low,

REMARKS
As it is on third time, to attempt to cross the current high RM 1.25,
it will create a breakout decisively with strong buying orders and surge in fast + furious manner,
Meaning "swiftly, lively, and energetically" to the desired level of target price for
(i) short term
RM 1.50
(ii) mid term
RM 2.32 / old high done in 28 May 2017
============================================

Technical Chart
Alreadly , this share form a long flag pole ,
with bullish flag , breakout is RM1.25 ,
with strong surge in volume ,
follow by a few daily sessions.

SEE_Research

4,568 posts

Posted by SEE_Research > 2021-04-28 19:12 | Report Abuse

Alcom /2674

Pls understand that the old high was created
29 June 2017 /RM 2.32

Now this period,
28 April 2021, is on uptrend mode,
Almost similar to the
SAME PERIOD OF ALL TIME HIGH,
THE BIG UPSURGE WAS FROM
9 MAY 2017,
CLOSED RM 1.13,

FROM 11 MAY 2017,
BIG SURGE WITH GAP UP OPENING RM 1.32 to

29 June 2017,
closed RM 2.22

From 9 May 2017
RM1. 13 to RM 2.22
Big, BIG GAIN RM 1.09,

CAN YOU BELIEVE THAT THE OLD HIGH,
IS THE SAME PERIOD OF NOW
May 2021,
is it incredibe, following the previous patterns of positive uptrend,
SAME TIME, SAME PERIOD, IN MAY 2017,
AND NOW, IT IS GOOD TO HAPPEN IN
May 2021.

Will the old high RM 2.32/ 2017
can happen in May, June 2021.

Will you miss the big ride in the Elliott Wave,
Uptrend mode, pattern
3rd wave,
4 th wave,
5 th wave

SEE_Research

4,568 posts

Posted by SEE_Research > 2021-04-28 19:29 | Report Abuse

Alcom /2674

============================
Closed
5.00pm
RM 1.17
(+RM 0.03)

Low = RM 1.11
High = RM 1.17

Volume done :7,095 lots

Remarks
Green Candle closing,
With one white soldier, expanding volume =
7,095 lots,

Waiting for the coming 2 long green candles

1 lot =1,000 shares

stockraider

31,556 posts

Posted by stockraider > 2021-04-29 21:34 | Report Abuse

Buy loh!

stainlyho37

2,253 posts

Posted by stainlyho37 > 2021-04-30 16:32 | Report Abuse

take down 1.15..closing to be 1.17 !!!????

stockraider

31,556 posts

Posted by stockraider > 2021-05-01 10:43 | Report Abuse

Just buy loh!

SEE_Research

4,568 posts

Posted by SEE_Research > 2021-05-02 15:21 | Report Abuse

Alcom /2674

The below showing recent prices from
5 April 2021 to
30 April 2021

With volume done,
Example

(i) prices down,
volume done per 1 day
From 2,862 lots to 7,710 lots

(ii) prices up
volume done per 1 day
From 11,329 lots to
12,018 lots

=======================
Technical chart

For 3, 4 May 2021 onwards,
A. When price, after breaking out at the current resistance,
RM 1.25, will be exceeding for 1 day volume done =
above
12,000 lots will reflect higher intensity on the buying orders.

roger3210

4,954 posts

Posted by roger3210 > 2021-05-02 17:54 | Report Abuse

dont need to hard sell, a real diamond will eventually shine, likewise a junk will eventually collapse.

stainlyho37

2,253 posts

Posted by stainlyho37 > 2021-05-03 12:00 | Report Abuse

press down prices....!! market shortage and demand high.....steel and Al still on bad shortage ...
no reason prices to come down..watch out !!!

roger3210

4,954 posts

Posted by roger3210 > 2021-05-03 12:42 | Report Abuse

lol, someone want to cut loss at higher price :D

mystery

489 posts

Posted by mystery > 2021-05-05 11:17 | Report Abuse

lol, a lot ppl cut loss dy

roger3210

4,954 posts

Posted by roger3210 > 2021-05-05 11:33 | Report Abuse

more to drop, ppl selling ahead of QR, arank , lbalum, PA, pmetal much stronger

mystery

489 posts

Posted by mystery > 2021-05-05 14:28 | Report Abuse

those hardselling ppl missing?

roger3210

4,954 posts

Posted by roger3210 > 2021-05-05 14:42 | Report Abuse

kyy says thank you to those who took his ticket :D

mystery

489 posts

Posted by mystery > 2021-05-05 14:55 | Report Abuse

SEE_Research also say thank you to those ==

SEE_Research

4,568 posts

Posted by SEE_Research > 2021-05-05 21:02 | Report Abuse

To :
roger3210 dont need to hard sell, a real diamond will eventually shine, likewise a junk will eventually collapse.
==========================================
(i) The investors will appreciate your list of upwards stocks, at least 3 stocks
for short term with the target price

(ii) Likewise a list of junk stock, at least 3 stocks.,
for short term with the down trends target price
=======================================
Remarks
Definitely, your researches will be valued, unless the lists do not correspond accordingly.

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

Steel related counters up. Aluminum counters should follow very closely as in all other metal related industries too.

brian3381

1,888 posts

Posted by brian3381 > 2021-05-05 23:28 | Report Abuse

Metals oredi peak la. Overplay. Once sharp corection, all metal counters masuk longkang

roger3210

4,954 posts

Posted by roger3210 > 2021-05-06 08:56 | Report Abuse

the lid of longkang ored opened, mind ur footstep :D, fyi , the longkang is very deep.

SEE_Research

4,568 posts

Posted by SEE_Research > 2021-05-06 09:25 | Report Abuse

SEE_Research

To :
roger3210 dont need to hard sell, a real diamond will eventually shine, likewise a junk will eventually collapse.
==========================================
(i) The investors will appreciate your list of upwards stocks, at least 3 stocks
for short term with the target price

(ii) Likewise a list of junk stock, at least 3 stocks.,
for short term with the down trends target price
=======================================
Remarks
Definitely, your researches will be valued, unless the lists do not correspond accordingly, especially the 2 lists go sour.

You have not respond positively by issuing the 2 respective lists , more so like a person watching a football match , hanging onto the tree branch trying to look the football game by not paying the respective fare .

It is more than 12 hours , the real investors are waiting with enthusiasm on your so called ,
much awaited list :

(i) The investors will appreciate your list of upwards stocks, at least 3 stocks
for short term with the target price

(ii) Likewise a list of junk stock, at least 3 stocks.,
for short term with the down trends target price
===========================================================================

Thanks

roger3210

4,954 posts

Posted by roger3210 > 2021-05-06 10:58 | Report Abuse

lol, promote this stock so much n now broke important support, but holland still quite some distance away from current level.

SEE_Research

4,568 posts

Posted by SEE_Research > 2021-05-06 11:11 |

Post removed.Why?

roger3210

4,954 posts

Posted by roger3210 > 2021-05-06 11:20 | Report Abuse

even if u want to go for aluminium stocks, u should stay away from alcom, just take a look at lbalum, its recent earning spike due to aluminium price but Alcom earning mainly due to property , without property, alcom still losing money despite aluminium went up so much.

SEE_Research

4,568 posts

Posted by SEE_Research > 2021-05-06 11:41 |

Post removed.Why?

roger3210

4,954 posts

Posted by roger3210 > 2021-05-06 11:44 | Report Abuse

you should be the one who apologize for promoting this stock, this company failed terribly in term of fundamental analysis compare to other aluminum stocks.

SEE_Research

4,568 posts

Posted by SEE_Research > 2021-05-06 12:13 | Report Abuse

PLS LEARN TO READ ,
if a person knows how to read the buy calls were done in February , March 2021 , and at that time no one seem to believe ,
and at that time, there was a person -yongyong88 claimed that the buy calls were not right , and can take the investors -- ''si liao'' , ( in chinese , hokkien - mean die / mati )
nevertheless the prices from then were on the uptrends , anyway ,
this person is honourable , and he extended the apology.
You can learn to check back, it is the previous record.

Still you are in pretentious mode , and
DO NOT AVOID
at least ,be a little honourable ,
to issue the 2 lists as you claimed

YOUR DIAMOND LIST
(i) The investors will appreciate your list of upwards stocks, at least 3 stocks
for short term with the target price

YOUR JUNK LIST
(ii) Likewise a list of junk stock, at least 3 stocks.,
for short term with the down trends target price


Sincerely

roger3210

4,954 posts

Posted by roger3210 > 2021-05-06 16:23 | Report Abuse

almost all aluminium stocks turn green, except alcom , drop to day lowest somemore :D

roger3210

4,954 posts

Posted by roger3210 > 2021-05-06 16:38 | Report Abuse

base on the transaction pattern, better get out asap as the selling pressure is insanely strong.

SEE_Research

4,568 posts

Posted by SEE_Research > 2021-05-06 16:38 | Report Abuse

TO : roger3210
=======================================================================

Still you are in pretentious mode , and
DO NOT AVOID
at least ,be a little honourable ,
to issue the 2 lists as you claimed

YOUR DIAMOND LIST
(i) The investors will appreciate your list of upwards stocks, at least 3 stocks
for short term with the target price

YOUR JUNK LIST
(ii) Likewise a list of junk stock, at least 3 stocks.,
for short term with the down trends target price

(iii) Many of the real investor , begin to cast doubt on you ,
after 17 hours , you still cannot come out with the said 2 lists


Sincerely

roger3210

4,954 posts

Posted by roger3210 > 2021-05-06 16:44 | Report Abuse

lol, many real investor sick of ur non stop promoting of this stock despite it has gone up so much and technical turn ugly.

SEE_Research

4,568 posts

Posted by SEE_Research > 2021-05-06 17:38 | Report Abuse

TO:

roger3210
almost all aluminium stocks turn green, except alcom ,
drop to day lowest somemore :D
06/05/2021 4:23 PM

roger3210
base on the transaction pattern, better get out asap as the selling pressure is insanely strong
06/05/2021 4:38 PM


===========================================================================

===========================================================================

1. Just for your kind information , now, in this modern days , as opposed to the remote past ,
it will be rather hard even to misled the kampong folks ,as there are availability of internet facilities,

almost all aluminium stocks turns green ,
PA / 7225 closed 5.00 pm , 6 May 2021 , RM 0.54 ( - RM 0.015 )
is PA /7225 -- turns green or red , some one has the good intentions, or bad intentions ?
or purposely being color blind.

2. Alcom /2674
For 5.00 pm , 6 May 2021
closed : RM 1.06 ( -RM 0.03)
Low = RM 1.02
High = RM 1.09

Is RM 1.06 being the lowest price of the day ?
Again , purposely mis report , then , the real investors can understand the hidden agenda .

=========================================================================

YOUR DIAMOND LIST
(i) The investors will appreciate your list of upwards stocks, at least 3 stocks
for short term with the target price

YOUR JUNK LIST
(ii) Likewise a list of junk stock, at least 3 stocks.,
for short term with the down trends target price

(iii) Many of the real investor , begin to cast doubt on you ,
after 17 hours , you still cannot come out with the said 2 lists


REMARKS
AT LEAST , THERE ARE SOME INVESTORS WHO MAY HAVE THE BENEFIT OF DOUBTS ,
ON YOUR ABILITIES , ON YOUR GOOD INTENTIONS ,
PLEASE DO NOT DISAPPOINT ,
PLEASE SHOW YOUR GOOD INTENTIONS ON THE 2 STATED LISTS ,
PERHAPS MANY OF INVESTORS MAY HAVE SOME INTEREST TO VIEW ,
BUT THIS TIME ,BETTER DISPLAY SOME TRACES OF HONESTY AND CANNOT LIED THRU ALL THE TEETH ,
SIMILAR TO
EATING STOLEN CAKES WITH ALL ICING - SMEARING ONTO THE WHOLE FACE,
IT CAN BE STICKY, MESSY TOO.

roger3210

4,954 posts

Posted by roger3210 > 2021-05-06 17:51 | Report Abuse

my only good intention is, get out of this stock before the QR.

SEE_Research

4,568 posts

Posted by SEE_Research > 2021-05-06 18:01 | Report Abuse

TO :
roger3210 my only good intention is, get out of this stock before the QR.

===========================================================================

At least ,now you have declared your good intention.

We shall declared , at this moment in time , , the relevant truce for this time.

Thanks

clementw

31 posts

Posted by clementw > 2021-05-06 18:18 | Report Abuse

Hi roger3210, Alcom SMA 20 is 109, it has break since yesterday, technically within 3 days must re bounce as LBALUM with last volume,otherwise need to watch out as QR coming soon.

clementw

31 posts

Posted by clementw > 2021-05-06 18:19 | Report Abuse

Sorry rebounce with high volume as LBALUM.

roger3210

4,954 posts

Posted by roger3210 > 2021-05-06 19:18 | Report Abuse

if you check the recent candlesticks for all aluminium stocks, u will realize that alcom is the one and only moving at the opposite direction compare to PA, LBALUM, ARANK.

When Aluminium theme in play, Alcom is the only one that may turn red or up very little compare to the rest, so this should be a very bad signal ahead of QR.

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