if 13/07 or within this week touch again 1.67.. may be for cash repayment safe entry between 1.67 ~ 1.99 then price will play abv tht.. last time im calculate like this for div play and out during EX-date as per prediction
today is too early to tell anything coming monday - if volume and prices closes higher than today(friday) then is confirmed: friday is breakout point(true reversal) (my opinion)
Basing on basic Financial Analysis(FA): 1.Earnings per Share(EPS) 8.70 and Return of Earnings(ROE) average,hope next QR can be better with the new Aluminium(Al) coating line commissioned.With better optimisation and automation will give improved ROE. 2.The company never failed to pay dividends for the past ten years.Last five years the dividend is 7.5-5.0 cents/unit which gives reasonable returns to investors. 3.This year with the good dividend and cash repayment payout it will gives the investors a dividend yields of ~11.45 %.Supeiror and unbeatable as company to what one can enjoy from the Fixed Deposit with banks. Thus looking across the horizon and timeline even if the price drop,the investor has the cash payouts as buffer.Normally,the market will react very positively IF the company return cash money to the shareholders and investors.For example,as what happened to South Korea,Samsung Inc. when the cash payouts were announced.All the shareholders were very happy with the generosity of the company and the price trend upwards remarkably high. 4.Last year Profit After Tax(PAT) is almost 4-5 times better than the previous year.
OUTCOME: More positives,which can help sustain the counter price.
Basing on Basic Technical Analysis(TA): 1.The previous three days the price fell like waterfall pattern which caused the price to drop by almost 30.0 cents after ex-dividend(adjustment price for dividend payout).Today,the price trend reversed and a long white candle appeared with shadow which is good.That portends that there is room for the price to trend upwards. 2.MACD still hover at the level which shows buying momentum support even though it has reduced somewhat after ex-dividend date.Temporarily,anyway. 3.Moving Average(MA) chart show positive bias for the counter price. 4.Relative Strength Index(RSI) chart shows buying support coming back after a strong price reversal today. 5.Volumes high which is good in consonant with price uptrend.
Outcome: barring any adverse global marketplace events and geo-political risks the counter price will be well supported towards the cash repayment date.Expected to be completed at the third quarter.Probably,Sept-Oct.
Just to share.My views stand just for sharing.Cheers,to a happy day and wonderful weekend.Smile:-)))
Pls note that when I post during trade hrs I speak for only myself. I do NOT ENCOURAGE PEOPLE to follow what I do. Do your own analysis! B your own master!
gcke : Looks like you deserve another standing ovation from me for your incisive, clearcut and balanced analysis grounded on data integrity and objective interpretations. Once again, thank you for another session of generous sharing of investing insight.
Jefflim1234, not like the LBAlum management who have the thick skin and cheek to announce that they have earned higher revenue but their net profit drop 76% owing to their negligence of not allocating sufficient money (underprovision) for deferred tax.
Do u guys now see what a constructive discourse can benefit all of us? We should thank gcke for all the hard he has put into the research. Tq once again gcke. If v r all investors I m v sure our final goal of ALCOM GOLDEN PALACE is not too far away!
Md Abd Fahmi: What it means is that if the trend doesn' t change to downtrend for 10 years I will b holding it for 10years unless some other circumstances forces me to sell........
Md Abd Fahmi, there is more than meets the eye of , "my simple math." You have " sufficient trained knowledge," and experience to invest well and win. You are just being humble. Ha, ha, ha.
Md Abd Fahmi: Sorry: Actually I had a post directed to u b4 my last post but somehow it disappeared. Anyway to cut a long story short why I average up is bcos even though the past 4 days were down the SUPERBULL was still staring at all our faces and snorting steam. Normally this will never happen. IT WAS STILL AT A SUPERBULL STAGE even when it was down!!!. That was why I top up again on retracements. Again the counter had given me plenty of blessings for always entering at the right time even though never at the lowest price! That's why I top up again the whole of yesterday harvesting all the unwanted fruits. I harvested a little this morning n I also posted the prices I entered. That was not meant to show off or anything of that sort. If was a show a committment on my part that I do what I say. It was a live trading session. No one knows whether it will b up or down. Similarly yesterday. Not saying after the fact!. It's always easy to do that explaining things after the fact! Anyway I DO NOT ENCOURAGE PEOPLE TO DO AS I DO. Always do your own homework. Do NOT just blindly follow. And if u still decide to invests after all your due diligence it's your own responsibility and no one else's whether u profit or not. I always just give my frank opinions " AS I SEE IT" whether rightly or wrongly. So all of u guys go do your homework n share in the forum. Comments not meant as a recommendation to buy or sell. Use infos only as u see fit.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Jefflim1234
896 posts
Posted by Jefflim1234 > 2017-07-07 14:24 | Report Abuse
Oh and yes. Comment above not meant as a recommendation to buy or sell. Use infos as u see fit.