ALCOM GROUP BERHAD

KLSE (MYR): ALCOM (2674)

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Last Price

0.745

Today's Change

-0.025 (3.25%)

Day's Change

0.745 - 0.75

Trading Volume

7,600


1 person likes this.

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

zoomsbooms

783 posts

Posted by zoomsbooms > 2017-08-09 12:12 | Report Abuse

it's kind of heart pounding to hear the news..huahuahua

Posted by Jefflim1234 > 2017-08-09 12:31 | Report Abuse

The double bottom formation "W" with a huge vol shows it WILL BURST NORTHWARDS soooooooon.

ding9007

36 posts

Posted by ding9007 > 2017-08-09 12:32 | Report Abuse

yuanlong57 sifu, thanks

Posted by Jefflim1234 > 2017-08-09 12:33 | Report Abuse

All positive indicators r POINTING towards the PREMIER GOLDEN PALACE!!!! Gud luck n happy investing!!!

Posted by Jefflim1234 > 2017-08-09 12:34 | Report Abuse

choolooi: congrats for being brave hearted.

tattvooi

142 posts

Posted by tattvooi > 2017-08-09 12:54 | Report Abuse

Jefflim1234 & yuanlong57 & The_Reds, thanks for giving me advice before this on this counter^^
Bravo and don't let the music stop~Hope it is not just a nine day wonder....Well,it's time to feast!!!

Posted by Jefflim1234 > 2017-08-09 12:57 | Report Abuse

According to forgot090 its now the ALCOM PREMIER GOLDEN PALACE!!!! ha ha ha. Guess it WILL BE TOO N SOON!!!!

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-08-09 13:05 | Report Abuse

few cent only. relax relax

kennyku

494 posts

Posted by kennyku > 2017-08-09 13:21 | Report Abuse

So capital repayment approve?

newboy

745 posts

Posted by newboy > 2017-08-09 13:34 | Report Abuse

what are the benefits of capital repayment?

kennyku

494 posts

Posted by kennyku > 2017-08-09 13:40 | Report Abuse

Just like giving dividend isit?

Posted by Jefflim1234 > 2017-08-09 14:01 | Report Abuse

RSL1=1.93
RSL2=2.04
RSL3=2.32

tattvooi

142 posts

Posted by tattvooi > 2017-08-09 14:16 | Report Abuse

承你贵言。。。

Posted by Jefflim1234 > 2017-08-09 14:18 | Report Abuse

2day's trade trend: The bulls will overwhelm the bears by a MILE!!!!!

Posted by Jefflim1234 > 2017-08-09 14:26 | Report Abuse

To all my bro Alcomates: I would say this. "SMART SMART HOLD"
Comment is not a recommendation to buy or sell. Use infos as u see fit.
Gud luck n happy investing.

Posted by Jefflim1234 > 2017-08-09 14:40 | Report Abuse

B smart n keep the ALCOM PREMIER GOLDEN PALACE IN MIND!

tattvooi

142 posts

Posted by tattvooi > 2017-08-09 15:08 | Report Abuse

Road block @ 1.80...can we clear it?

Posted by Jefflim1234 > 2017-08-09 15:53 | Report Abuse

[tattvooi Road block @ 1.80...can we clear it?]
These r just the weak holders trying to make a fast buck. Not to worry too much!! My 2 sen worth!

Yip2880

393 posts

Posted by Yip2880 > 2017-08-09 16:01 | Report Abuse

Wa, all of a sudden becomes very volatile swinging up and down

Posted by Jefflim1234 > 2017-08-09 16:06 | Report Abuse

[Yip2880 Wa, all of a sudden becomes very volatile swinging up and down]
Quite expected in order to flush out weak holders SO THAT IT WILL GO HIGHER N HIGHER!!

Yip2880

393 posts

Posted by Yip2880 > 2017-08-09 16:08 | Report Abuse

Haha! Jefflim1234, didn't expect it coz thought that they have flushed enough the last few weeks.

Posted by Jefflim1234 > 2017-08-09 16:09 | Report Abuse

V must not b swayed by the ups n downs IF V HAVE CONFIDENCE in the stock. PATIENCE IS THE NAME OF THE GAME!!!!

K.v. Lim

294 posts

Posted by K.v. Lim > 2017-08-09 16:13 | Report Abuse

Chart wise is already very nice. Just hold till quarter results. Confirm above 2.00.

Ivan09

36 posts

Posted by Ivan09 > 2017-08-09 16:14 | Report Abuse

When will be the quarter result been announced?

Posted by Jefflim1234 > 2017-08-09 16:16 | Report Abuse

[Yip2880 Haha! Jefflim1234, didn't expect it coz thought that they have flushed enough the last few weeks.]
There will always b traders. Even 2day. There r INTRA DAY TRADERS!!! Traders will always b there whether the shares is up or down. BUT the people who WILL EVENTUALLY GAIN THE MOST R INVESTORS!!! Thats why NEGLECT ALL THE NOISES OUT THERE!!!!

K.v. Lim

294 posts

Posted by K.v. Lim > 2017-08-09 16:40 | Report Abuse

Bro Ivan09 quarter results announcement end of this month

kennyku

494 posts

Posted by kennyku > 2017-08-09 16:45 | Report Abuse

So how the capital repayment? Approve?

forgot090

997 posts

Posted by forgot090 > 2017-08-09 16:53 | Report Abuse

capital repayment Approve?wah lucky today sold out jaycorp bought alcom ...

forgot090

997 posts

Posted by forgot090 > 2017-08-09 17:53 | Report Abuse

capital repayment postpone??

Posted by Supertonic000 > 2017-08-09 17:53 | Report Abuse

Where did u guys find the news of capital repayment?

yuanlong57

1,528 posts

Posted by yuanlong57 > 2017-08-09 18:05 | Report Abuse

CAPITAL REDUCTION AND REPAYMENT - HIGH COURT APPROVAL OBTAINED
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5510917

ALUMINIUM COMPANY OF MALAYSIA BERHAD

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

CAPITAL REDUCTION AND REPAYMENT OF UP TO APPROXIMATELY RM43.0 MILLION
("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 Capital Repayment.

We refer to the announcements dated 12 April 2017, 30 May 2017, 22 June 2017, 28 June 2017 and 19 July 2017 in relation to the Capital Repayment.

On behalf of the Board, AmInvestment Bank wishes to announce that the High Court of Malaya at Kuala Lumpur has on 9 August 2017 granted a court order confirming the Capital Repayment pursuant to Section 116 of the Act (“Order”). The effective date of the Capital Repayment will be the date on which the sealed copy of the Order is lodged with the Registrar of Companies.

The entitlement date in respect of the Capital Repayment will be announced in due course.

This announcement is dated 9 August 2017.

forgot090

997 posts

Posted by forgot090 > 2017-08-09 18:07 | Report Abuse

then is ??

forgot090

997 posts

Posted by forgot090 > 2017-08-09 18:08 | Report Abuse

capital repayment Approve?

kennyku

494 posts

Posted by kennyku > 2017-08-09 18:15 | Report Abuse

Cheers!!!! Finally..... approve!!!!

Posted by Jefflim1234 > 2017-08-09 18:15 | Report Abuse

MEANS APPROVED. Just wait for entitlement date n date of payment. Payment Should b in September!

kennyku

494 posts

Posted by kennyku > 2017-08-09 18:16 | Report Abuse

So tmr alcom premier golden palace?

K.v. Lim

294 posts

Posted by K.v. Lim > 2017-08-09 18:23 | Report Abuse

gap up tomorrow ? congrats

kennyku

494 posts

Posted by kennyku > 2017-08-09 18:28 | Report Abuse

Jefflim- so which mean is like giving dividend.... each share 32sen isit

LPTan68

469 posts

Posted by LPTan68 > 2017-08-09 18:37 | Report Abuse

yuanlong ,jefflim ,我看不明白,法院已经批准了?是不是现在要等alcom 大股东定在那天退回给股东320。。可以跟说吗?

谢谢。。

zoomsbooms

783 posts

Posted by zoomsbooms > 2017-08-09 18:37 | Report Abuse

yup kenny..btw, how's your rev?

Larrytrader

1,453 posts

Posted by Larrytrader > 2017-08-09 18:45 | Report Abuse

wil buy in ALCOM tomorrow and that REV is like shit stock

Posted by Jefflim1234 > 2017-08-09 18:53 | Report Abuse

[kennyku Jefflim- so which mean is like giving dividend.... each share 32sen isit]
Yes kennyku. It is like div. Only difference is called cap repayment to reduce the orig payup cap. BUT you still have to wait for ex date b4 entitlement. If u sell b4 ex date u don't get 32 sen.

Posted by Jefflim1234 > 2017-08-09 19:02 | Report Abuse

LPTan68: Already approved by shareholders and by court. Within 14 days Alcom has to inform SC and to set a date for entitlement and for payment of 32 sen. Once set it's all SETTLED already. NO MORE WORRIES ANYMORE! Then we can all go to ALCOM PREMIER GOLDEN PALACE. Ha ha ha.

Posted by Jefflim1234 > 2017-08-09 19:04 | Report Abuse

kennyku: Did u manage to get out from Rev???

kennyku

494 posts

Posted by kennyku > 2017-08-09 19:10 | Report Abuse

Jefflim- no:( sad... i tot it will like alcom..... but i only hold 2k unit.... if this stock really wont goreng up... i might wait for ex date take dividend then siam.... but i just scare after ex more worst... what is ur opinion? I dun mind u gv me opinion.... recommendation is not buy or sell... use info only i see fit....

LPTan68

469 posts

Posted by LPTan68 > 2017-08-09 19:11 | Report Abuse

jefflim 谢谢您了。。

casanwk

1,496 posts

Posted by casanwk > 2017-08-09 19:25 | Report Abuse

OMG! is a long journey
good to hear good news finally
thank q all.
well done alcomates!!!

Posted by Jefflim1234 > 2017-08-09 19:34 | Report Abuse

kennyku: There is a BIG BIG DIFFERENCE between Alcom cap repayment and Rev div of 44 sen. Rev is SELLING THEIR COMPANY N then return 44 sen to u. Once sold the company is a SHELL company ( empty...... nothing!!!!). Means u r paying abt 5+ sen for an EMPTY company. They say they may keep the listing status. I DUN KNOW. If ITS ME I would CUT LOSS ASAP. That's my 2 sen worth. Hope that helps.
Comment is not a recommendation to buy or sell. Use infos as u see fit.

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