Posted by yuanlong57 > 2017-06-30 22:07 | Report Abuse

Kennyku, I can visualize the gleaming smiles on you after a bountiful harvest of capital returns these two weeks. I'm confident you have the answer to your own question.
The Alcom adventure is not finished yet. There will be more exciting thrills post-dividend payout. For those who missed out the 20.5 sen dividend, they can still go for the 32 sen cash repayment. As I've said in earlier threads, there's the 2nd Wave of cash repayment.
Who would want to miss a rewarding cash repayment of 32 sen? CASH IS KING. YTD ALCOM IS KING AMONG ALUMINUM COUNTERS. ALCOM has set unprecedented new highs in five years smashing chart indicators and forecast.

Posted by hoheho > 2017-06-30 22:32 | Report Abuse

yuanlong please enlighten me on cash repayment of 32 sen.will share price be adjusted accordingly

Posted by hlafdz > 2017-06-30 22:40 | Report Abuse

Yeayy..!! Now can enjoy biggest dividends payout in my Life while watching price to rise further for the coming 32sen cash payout. Selamat Hari Raya..!!

Posted by The_Reds > 2017-06-30 22:45 | Report Abuse

Finally yuanlong is here..kind of missing u n jefflim n LPtan this evening, forum is slightly less excited without u all...too bad our neighbour has a bad day today

Posted by The_Reds > 2017-06-30 22:47 | Report Abuse

Hoheho..u can read thru previous comments to understand better abt the capital repayment..yes of coz price will be adjusted like the dividend

Posted by Jefflim1234 > 2017-06-30 23:15 | Report Abuse

Sorry all ALCOMATES. Wanted to join u guys but was held up at a meeting. So how was the trading trend based on your observation yuanlong57. Haven't browse thru the details yet. Morning was quite a roller coaster ride eh?

Posted by yuanlong57 > 2017-07-01 01:20 | Report Abuse

Today busy with some strategic internet banking funds transfer related to unit trust investments and money market. This active asset allocation management strategy has helped me to earn some low risk, no sweat income distributions from unit trust funds. The PB Cash Management Fund, PB Islamic Asia Equity Fund and the Phillip Mutual Master Money Market Fund. As expected, Public Mutual declared RM147million income distributions for 13 funds. Received 3.5 sen from PB Cash Management Fund, and 1.0 sen from PB Islamic Asia Equity Fund.

Posted by yuanlong57 > 2017-07-01 01:46 | Report Abuse

The_Reds [...too bad our neighbour has a bad day today ]
I agree with you. We've a more matured discourse here. No vulgarities, no emotional tantrums, no conflicts of interest. Above all, we have a superb sense of unity with support for all. In some forums, there are members who are emotionally intertwined with their personal investing aims only. The members with attachment to their differing hardheaded views cannot rally together in one mind. Furthermore, abusive language, inconsistent self-contradictory views and sentimental tantrums weight down the atmosphere for a constructive forum.

Posted by Jefflim1234 > 2017-07-01 12:19 | Report Abuse

Gud morning all ALCOMATES. What an exciting short trading week. How was the ride? No heart attacks I hope. The week still ended up 8sen higher than the previous week. I will give u my take on the week's trade trend as I see it. There r 2 observations which I made wrt the trading trend for last week. The GOOD NEWS IS that the bullish UPTREND ID STILL V MUCH INTACT but will b a slight breather for the bull. There MAYB a minor correction in the coming week to flush out the traders/speculators. The traders might not b able to come out ahead this time around!!! I would say that this would give the daring and more adventurous investors a chance to stock up on the counter. One word of advice though. Tread CAREFULLY . Mid term n longer terms r still v bullish indeed. That's my take for the weeks trading. I am still taking the trip to ALCOM GOLDEN PALACE. May have to ENJOY the beautiful sceneries as we plod along as the bull MAYB taking a short breather.
THOUGHTS ANYONE???
The comments above are not meant as a recommendation to buy or sell. Use the infos only as u see fit. Gud luck in the coming week.

Posted by kennyku > 2017-07-01 12:31 | Report Abuse

Good morning to jefflim, yuanlong , lptan and all the alcom mates!!!!! Waiting monday market will be green and alcom fly to the sky!!!!

Posted by Jefflim1234 > 2017-07-01 12:40 | Report Abuse

kennyku: Gud morning. I am hoping it will too but I am of the opinion that I will have to keep VERY PATIENT next week.

Posted by The_Reds > 2017-07-01 12:41 | Report Abuse

It's afternoon edy..haha..btw I also think there will be a short period of correction until the legal procedure of 32cent capital repayment is finalised..this offers a good chance to top up or for newcomers to buy in..my TP will be rm3 by the next ex date

Posted by xuewenapeng > 2017-07-01 13:32 | Report Abuse

What is cash repayment?Like dividend?

Posted by yuanlong57 > 2017-07-01 13:58 | Report Abuse

Good afternoon. Had a great fulfilling week.
A Quicktake of Alcom's Overall Performance on 30 June 2017.
Total Buy Volume 739,900
Total Sell Volume 841,100
High Price 2.26
Low Price 2.15
Volume of trading 1,581,000
Market Average Price 2.207
Buy Rate 41.80 %
RSI 82.48 @ 2.20
Some thought-provoking questions for the weekend. Ha, ha, ha.
1. What does the data tell us?
2. There is an imminent retracement, isn't it?
3. Will there be desperate buying or selling next Monday?
4. What will be the direction of trading momentum post ex-date pursuant to special dividend payout until ex-date of cash repayment of 32 sen?

Posted by yuanlong57 > 2017-07-01 14:06 | Report Abuse

xuewenapeng [ What is cash repayment? ]
ALCOM giving cash money to you. (as an entitled shareholder)

Posted by gcke > 2017-07-01 14:22 | Report Abuse

@yaunlong57 thanks for the abridged facts on the market momentum and trend for the counter.Various outcomes can be made:
1.If the global markets and Bursa KLSE moves are NOT bearish on Monday(like for last Friday),then the support for the counter is still intact!.
2.But presently,KLSE is undergoing retracement and price correction as shown on the graphs.View; http://www.malaysiastock.biz/Stock-Chart.aspx?securitycode=FBMKLCI Expects the market to be soft similar to last Friday.Future on KLSE(from Bloomberg news source) shows the market will still be in the red- a fall of about ~ 8.35points.
If the prognosis is correct,then the Alcom counter(share price) will be somewhat affected.But the drop will not be large and since the counter is in the overbought position,the weak buyers or holders of the stock need to be shaken off before the next uptrend.
3.Along the way until the ex-date for the cash repayment which was scheduled to be in the third quarter the counter price will be well supported.
Believe the next QR announcement ( which is strongly expected to be better than the previous QR )will be before,after or close to the repayment date.That will help also to support the price.

Outcome: I will hold the counter to benefit from the cash repayment.Will just ignore the noises coming from the market.

Cheers:-)))

Posted by xuewenapeng > 2017-07-01 15:18 | Report Abuse

the cash repayment announcED?

Posted by yuanlong57 > 2017-07-01 15:39 | Report Abuse

Gcke EXCELLENT. Accept my personal standing ovation for your rare GEM of investing insight. A well-balanced grasp of ALCOM's core strength and its potential but passing impediments within the matrix of macro and micro market trends. I share the same opinion that the present prominent "overbought" zone will provide some buffer to absorb any regression that the retracement and price correction may incur. Secondly, the need for the weak players to be factored out progressively. Pursuant to the dividend payout, there are about two months for Alcom passionately patient players to harvest their "Shangri-la"-like capital appreciation in the form of cash repayment and exponential profits.
Yes, the game changing Quarterly Report ending 30 June 2017 due for release in August is another hopeful " Feel Good," factor to enhance further support for Alcom.
Wow, could hardly wait for Monday to dawn. Ha, ha, ha.

Posted by xuewenapeng > 2017-07-01 15:41 | Report Abuse

so the cash repayment announced>

Posted by xuewenapeng > 2017-07-01 15:41 | Report Abuse

If yes I will by on Monday

Posted by yuanlong57 > 2017-07-01 15:47 | Report Abuse

Xuewenapeng. Guess you must be new to Alcom. Read this.

5. APPROVALS REQUIRED AND CONDITIONALITY
The Proposed Capital Repayment is subject to the following approvals being obtained:-
(i) approval of the shareholders of the Company at the forthcoming EGM;
(ii) sanction of the High Court pursuant to Section 116 of the Act; and
(iii) approval or consent of any other relevant regulatory authorities and/or parties, if
applicable.
The Proposed Capital Repayment is not conditional upon any other corporate exercise/scheme
of Alcom.

6. TENTATIVE TIMETABLE FOR IMPLEMENTATION
Barring any unforeseen circumstances, the Proposed Capital Repayment is expected to be
completed by the end of the third (3rd) quarter of calendar year 2017. The key milestones and
tentative timetable for the implementation of the Proposed Capital Repayment are set out
below:
Key Milestones Timeline
EGM to obtain the approval of shareholders of Alcom for the Proposed Capital Repayment : 22 June 2017
Application to the High Court for the Proposed Capital Repayment : July 2017
Confirmation of the High Court for the Proposed Capital Repayment obtained. : August 2017
Entitlement Date : September 2017
Completion of the Proposed Capital Repayment. : September 2017

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5446589

Posted by xuewenapeng > 2017-07-01 15:51 | Report Abuse

when is the ex-date for this cash repayment

Posted by xuewenapeng > 2017-07-01 15:51 | Report Abuse

if I buy on monday and do nothing can I receive the dividen?

Posted by xuewenapeng > 2017-07-01 15:56 | Report Abuse

does 32 sen means RM320?

Posted by gcke > 2017-07-01 16:19 | Report Abuse

Useful read for those investors interested on relevant news: http://www.themalaymailonline.com/money/article/bursa-to-rebound-next-week-on-improved-demand

Posted by gcke > 2017-07-01 16:21 | Report Abuse

@xuewenapeng NO you are not entitled to the dividend announced if you buy on Monday.Monday,3rd July is the ex-date dividend.
2.You will be entitled IF you have bought the counter last Friday,one day before the ex-dividend date.
Hope that explained.Cheers:-)))

Posted by The_Reds > 2017-07-01 16:30 | Report Abuse

gcke now u r making him confused, I think the dividend he mentioned is the cash repayment

Posted by The_Reds > 2017-07-01 16:32 | Report Abuse

Xue..the ex date for cash repayment will be decided later..as u can see from yuanlong's comment, it needs to follow the procedure 1 by 1

Posted by stockraider > 2017-07-01 16:40 | Report Abuse

Quarterly Result (Malaysia) – LB Aluminium Berhad (Q4 FY17) - Jackson Yuen

Author: Tan KW | Publish date: Sat, 1 Jul 2017, 11:05 AM

Last Traded Price RM 0.83
Target Price RM 0.94 (from RM 0.83)
Est. Return 13.1%
Rating Neutral (From BUY)
Price to Earnings* 11.5x
Price to Book* 0.7x



1) Earnings are largely in line with our FY17 forecast, but negative free cash flow disappoints.

LB Aluminium slightly exceeded our FY17 earnings estimation though disappoints with weak cash flow generation. We expect the free cash flow margin would be 7.5%, but adverse working capital swings and slightly higher capex have resulted in a negative margin of 0.8%. This is due to our overly-optimistic on working capital which turns out to be the bottleneck to the cash flow conversions.

The aggressive selling today was due to weaker reported profit was driven mainly by the recognition of taxation. The management explained that under-provision of deferred taxation. Indeed, the historical effective tax rate was 11% whereas FY 16 was 4%. Our effective tax rate estimation for all period is 10% which is slightly lower.

2) More optimistic on the near-term outlook underpinned by the favourable exchange rate.

Previously we opined that the Aluminium price might be bearish, but given the uncertainties involved, we see no positive catalyst. Aluminium price remained volatile and sustained at around USD 1,900 per tonne. Divergence in investment banks’ opinions on the future direction provide little guidance. Hence we stick to our previous views. Having said that, we see recent weakness in USD a potential indication of the better upcoming quarterly result though that is based on the premises that no material change in revenue generation.

3) Proposed 2sen dividend.

Based on the current price of RM 0.83, proposed dividend of 2sen translates into a dividend yield of 2.41%.

4) Downgrade the rating from BUY to NEUTRAL

We are of the view that the panic selling is driven by lower net income and provides good opportunity to buy on weakness. We have revised our target price from RM 0.83 to RM 0.94 after revising our valuation assumptions. We downgrade the rating from BUY to NEUTRAL as the suggested upside potential is circa 13%. The key risk to our buy call is discussed in the valuation section.

Posted by casanwk > 2017-07-01 16:55 | Report Abuse

capital repaymnent havent table yet in latest agm

Posted by stockraider > 2017-07-01 17:02 | Report Abuse

FRIEND IT IS ALREADY TABLE AND APPROVED.
NOW PENDING COURT APPROVAL LOH...!1

Posted by zoomsbooms > 2017-07-01 17:05 | Report Abuse

capital repayment was being table in egm..not agm

Posted by stockraider > 2017-07-01 17:15 | Report Abuse

IT IS TECHNICAL WHETHER EGM OR AGM...MOST IMPORTANT IT IS ALREADY APPROVE PENDING COURT CLEARENCE

Posted by casanwk > 2017-07-01 17:16 | Report Abuse

my mistakes. is on 'others, dated 28 jun2017

Posted by xuewenapeng > 2017-07-01 17:18 | Report Abuse

ok I will buy on Monday then

Posted by xuewenapeng > 2017-07-01 17:18 | Report Abuse

thanks for all the help

Posted by xuewenapeng > 2017-07-01 17:18 | Report Abuse

one last question:how much is the cash repayent in rM,is it RM320?

Posted by YH Chan > 2017-07-01 17:26 | Report Abuse

based on your share, if 10 lots then RM320. Correct me if I'm wrong ya.

Posted by yuanlong57 > 2017-07-01 18:31 | Report Abuse

Xuewenapeng, 1 lot = 100 shares
10 lots : 10 X 100 = 1,000 shares
So, if you buy 1,000 shares
Cash repayment 0.32 x 1000 = RM320.

Posted by xuewenapeng > 2017-07-01 18:35 | Report Abuse

ok thanks

Posted by yuanlong57 > 2017-07-01 18:36 | Report Abuse

stockraider, thanks for sharing LBALUM report. Alcom can get valuable information about aluminum prospects.

Posted by kennyku > 2017-07-01 18:42 | Report Abuse

Dividend 20.5sen, cash repayment 32 sen..... alcome will totally flyyyyyyyy to the sky or beyond the sky!!!!!! YAHOO!!!!!' Am holding 3kunit.......

Posted by Jefflim1234 > 2017-07-01 19:10 | Report Abuse

yuanlong57: I will try to answer as best as I can base on " my take " with regards to your poser. This is bcos I can see there r now many newcomers to this forum who r "NEWBIES"
Some thought-provoking questions for the weekend. Ha, ha, ha.
1. What does the data tell us?
A Quicktake of Alcom's Overall Performance on 30 June 2017.
Total Buy Volume 739,900
Total Sell Volume 841,100
High Price 2.26
Low Price 2.15
Volume of trading 1,581,000
Market Average Price 2.207
Buy Rate 41.80 %
RSI 82.48 @ 2.20
2. There is an imminent retracement, isn't it?
I THINK SO BUT MAYB B A MINOR ONE AS THE BEAR SEEMS TO HAVE A "SLIGHT UPPER HAND OVER THE BULL" BASE ON DATA PRESENTED. THE BULL'S ADVANTAGE IS THAT THE TOTAL VOLUME TRADED HAS SHRUNK LOWER FROM PREVIOUS DAYS TRADE. SO FOR THE ADVENTUROUS AND DARING THIS MIGHT B A GOOD TIME TO TOP UP ON RETRACEMENT ( PROVIDED U R NOT A SPECULATOR) BUT PLS TREAD V CAREFULLY. I STRONGLY BELIEVE THE TRADERS/SPECULATORS WOULD B CAUGHT THIS TIME AROUND BY THE MAESTRO!!!
3. Will there be desperate buying or selling next Monday?
MORE LIKELY TO BE SIDEWAYS TRADING FOR THE MAJOR PART OF NEXT WEEK BEARING IN MIND THE TRADERS T+1,2,3,4.
4. What will be the direction of trading momentum post ex-date pursuant to special dividend payout until ex-date of cash repayment of 32 sen?
OF COURSE THE BULL IS STILL V MUCH ON COURSE TO ITS FINAL DESTINATION OF ALCOM GOLDEN PALACE. THERE IS ONLY ONE WAY FOR IT TO GO. UP NORTH. THE MOMENTUM MAYB SLIGHTLY DISRUPTED BUT THE FINAL DESTINATION HAS NOT CHANGED!!! SO THERE U GO. THAT'S MY 2 SEN WORTH.
Comment NOT meant as a recommendation to buy or sell. Use infos/comments as u see fit. Gud luck.

Posted by yuanlong57 > 2017-07-01 22:40 | Report Abuse

DETAILED STOCK REPORT ON ALCOM - THOMSON REUTERS
An 11-page report

POSITIVE OUTLOOK:
ALCOM's current score of 9 places it within the top 15% of stocks scored.

http://www.bursamarketplace.com/mkt/themarket/stock/AMMS

Posted by Md Abd Fahmi > 2017-07-01 22:41 | Report Abuse

I think..next monday 03 July ..price adjust to 1.99 where near support at 1.95 and resis 2.0.. let see

Posted by Md Abd Fahmi > 2017-07-01 23:35 | Report Abuse

I think..next monday 03 July ..price adjust to 1.99 where near support at 1.95 and resis 2.0.. let see

Posted by xuewenapeng > 2017-07-02 09:01 | Report Abuse

until when should I hold to have the cash repayment guys?

Posted by xuewenapeng > 2017-07-02 09:01 | Report Abuse

list a date

Posted by Gaybird Lim > 2017-07-02 09:51 | Report Abuse

Morning

Posted by The_Reds > 2017-07-02 10:01 | Report Abuse

Ex date will be determined after go thru all the legal procedures..shud be around September..