Posted by kennyku > 2017-08-09 19:41 | Report Abuse

Jefflim: yes i read news and they said this company might be delist..... i duno..... nvm i try see tmr see how.... thanks for ur advise.....

Posted by The_Reds > 2017-08-09 19:47 | Report Abuse

Good day all alcomates..i just touchdown airport from Japan and read the good news..congrats everyone!!!

Posted by Larrytrader > 2017-08-09 19:58 | Report Abuse

@kennyku they are contracting with 2 companies now

Posted by Larrytrader > 2017-08-09 19:58 | Report Abuse

anyway buy alcom tomorroe

Posted by Jefflim1234 > 2017-08-09 19:59 | Report Abuse

The_Reds: Welcome back. No wonder I din see u commenting..........

Posted by newboy > 2017-08-09 20:02 | Report Abuse

what will happen to Alcom when the Capital Reduction is approved now?

Posted by Larrytrader > 2017-08-09 20:02 | Report Abuse

will spike up for sure

Posted by Larrytrader > 2017-08-09 20:02 | Report Abuse

Shh... let's keep the news to us

Posted by Larrytrader > 2017-08-09 20:02 | Report Abuse

don't write about it

Posted by choolooi > 2017-08-09 20:06 | Report Abuse

Yuanlong, yes this is champagne time with you , Jefflim and Yip standing at the podium, each popping a bottle and spraying all around in celebration .

You guys are wunderbar,,,,,,,!!!

Posted by Jefflim1234 > 2017-08-09 20:11 | Report Abuse

[newboy what will happen to Alcom when the Capital Reduction is approved now?]
All Alcomates r HOPING it will GAP UP 2morrow n reached its anticipated destination ASAP!!!

Posted by newboy > 2017-08-09 20:14 | Report Abuse

@Jefflim and others,,thanks for replying. Can help to explain a bit more why Capital Reduction is such a good news? i looked up google/youtube but the topic is too complex for me to understand.

Posted by kennyku > 2017-08-09 20:14 | Report Abuse

Jefflim- what is ur tp?

Posted by newboy > 2017-08-09 20:17 | Report Abuse

i found this article.
http://www.theedgemarkets.com/article/alcom-proposes-capital-reduction-repayment-32-sen-share

Posted by Larrytrader > 2017-08-09 20:18 | Report Abuse

kennyku let's sell REV and buy ALCOM???

Posted by kennyku > 2017-08-09 20:40 | Report Abuse

Larrytrader i will buy 100k unit on rev

Posted by Jefflim1234 > 2017-08-09 21:17 | Report Abuse

[kennyku Jefflim- what is ur tp?
09/08/2017 20]
Tp=3.00
However will observe after it breaks 2.32!!
So meaning min tp=2.32

Posted by Jefflim1234 > 2017-08-09 21:23 | Report Abuse

newboy: r u a newbie in share market??

Posted by sigmax > 2017-08-09 21:38 | Report Abuse

hmm.. im not sure will get affect or not due to china is dumping aluminium and USA imposing emergency tax accordingly ..

Posted by sigmax > 2017-08-09 21:39 | Report Abuse

hmm.. im not sure will get affect or not due to china is dumping aluminium and USA imposing emergency tax accordingly ..

Posted by newboy > 2017-08-09 21:44 | Report Abuse

Jefflim: im still learning.....hehehe

Posted by The_Reds > 2017-08-09 21:49 | Report Abuse

Hmm..the latest aluminium trend sure will have a big impact..jefflim do u think it's going be good or bad for alcom?

Posted by K.v. Lim > 2017-08-09 21:56 | Report Abuse

Aluminium trades above $2,000 a tonne for first time in nearly three years
https://www.ft.com/content/6483b9c7-832c-3432-abaa-0b9d334761cb

Posted by yuanlong57 > 2017-08-09 22:06 | Report Abuse

[ newboy @Jefflim and others,,thanks for replying. Can help to explain a bit more why Capital Reduction is such a good news? i looked up google/youtube but the topic is too complex for me to understand.]

Newboy, it's a long story. Read through this circular to shareholders. It is the executive blueprint for the capital reduction and repayment exercise. It explains everything you need to know.

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

Posted by Poisonivy > 2017-08-09 22:34 | Report Abuse

The earthquake contribute to much demand for building structure and demand for aluminium key for all Base structure...is a sustainable run up :)

Posted by yuanlong57 > 2017-08-09 22:39 | Report Abuse

Assuming that my intuitive hunch is accurate, and a confluence of corporate as well as market mechanisms synergize effectively, we are in for further brilliant surprises beyond our imagination!

Anyone wishes to attempt cracking this riddle? Ha, ha, ha.

Posted by newboy > 2017-08-09 22:43 | Report Abuse

yuanlong57: great..thanks..the info was helpful for my understanding.
http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=180996&name=EA_DS_ATTACHMENTS

There will be cash distribution of RM0.32/share held. Share price will be adjusted by deducting RM0.32. Less shares means when the company has more profits to distribute to its shareholders. Thus a higher EPS will be achieved.

So, after the Capital Reduction and the business is constant like past years, we shall see more profit, a higher EPS. And if the business is growing, it will further amplify the profit and EPS as well.

Posted by MrPauper > 2017-08-09 22:50 | Report Abuse

Share price will be adjusted after capital repayment. But does it mean that number of shares will be adjusted as well?

Posted by MrPauper > 2017-08-09 22:51 | Report Abuse

And will it really leads to higher EPS given everything else constant?

Posted by newboy > 2017-08-09 23:06 | Report Abuse

MrPauper: take a look at section4 from the link i posted. Seems like number of shares will be the same. After capital reduction, gearing will be increased.

Posted by michaelwong > 2017-08-10 00:25 | Report Abuse

When will be the cash distribution of RM0 32/share awarded to benefits share holders in support of alcom? Could the dates to be determined and proposed by the management in due course for repayment? Can anyone with informations don't mind to share pls?

Posted by yuanlong57 > 2017-08-10 00:36 | Report Abuse

Michaelwong
[ 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.
09/08/2017 18:05 ]

Posted by Jefflim1234 > 2017-08-10 02:31 | Report Abuse

[The_Reds Hmm..the latest aluminium trend sure will have a big impact..jefflim do u think it's going be good or bad for alcom?]
Of course this will b benefcial to Alcom as this would mean a higher revenue as well as profit if all things remain equal. This is true for its stockfin market but it may have a reverse impact on its construction products. As the cost gets higher people may start looking for other alternatives which may b cheaper example coated steel.
Anyway the bigger chunk of its business comes from the export of coated fins hence a better revenue n profit shd b expected from this source. As for the construction part of the business we'll just have to leave that for the management to deal with it. If u have look through the profiles of the management personnels of the company u needn't have to worry abt how they are going to handle this. They r more than qualified to handle this small problem!
What I am most UPBEAT abt the company is HOW THEY R REWARDING the shareholders with the special divs n cap repayments this year and how they r going to utilise bank borrowings for their growth n expansion programs. This will inevitably benefits the shareholders if the management continues with the policy of rewarding shareholders with good div payouts n bonuses etc when the company is doing well.
What's the point if a company makes plenty of profit BUt NEGLECT to look after the shareholders interest!!
What this boils down to is as shareholders we should b looking for management personnels with INTEGRITY and PROFESSIONALS in their line of work and then EVERYTHING ELSE will just follow its natural course.
That's my take. I hope that helps!!!
Good luck n happy investing.

Posted by Goofy > 2017-08-10 08:11 | Report Abuse

http://markets.businessinsider.com/commodities/aluminum-price
USD 2,030 now.

Posted by Jefflim1234 > 2017-08-10 08:39 | Report Abuse

Gud morning to yuanlong57, LPTan68, kennyku, The _Reds, forgot090, Md Abd Fahmi, zoomsbooms, Yip2880, nelsonchew, hoheho n all Alcomates.

Posted by kennyku > 2017-08-10 08:47 | Report Abuse

Good morning to jefflim,lptan,yuanlong,the red,forgot090 and zoomboom!!!! Excited for later share price

Posted by zoomsbooms > 2017-08-10 08:55 | Report Abuse

morning everyone..kenny, u got to becareful with my name..there's another one nick with zoomboom..my name is zoomsbooms..so coincidence..hehe

Posted by 7skies > 2017-08-10 09:02 | Report Abuse

hmm..y theres no gap up?

Posted by kennyku > 2017-08-10 09:17 | Report Abuse

Zoomsbooms ya ah ? I tot is same person....

Posted by Ivan09 > 2017-08-10 09:18 | Report Abuse

K.v.Lim Wokie thanks bro for the update. Hopefully a positive result will be release this month end..

Morning all Alcomatessssss! Feeling spiritful for this morning result.

BTW, so after entitlement of 32sens capital repayment, the share price will deduct for 32sens just like the adjustment after the dividend is given out?

Posted by pang72 > 2017-08-10 09:26 | Report Abuse

Errrr...coming to a safer bet...
32sen dividend...

Posted by kennyku > 2017-08-10 09:32 | Report Abuse

Why no goreng up? What happen

Posted by pang72 > 2017-08-10 09:37 | Report Abuse

Most of them may be not know or wanted for risky stock

Posted by pang72 > 2017-08-10 09:38 | Report Abuse

I am coming to safe heaven.
Guarantee earning..
Outside world is volatile now

Posted by Ivan09 > 2017-08-10 09:40 | Report Abuse

Just received a call from brokers mentioned that the capital repayment yet to confirm...
How come?

Posted by tingangap1 > 2017-08-10 09:42 | Report Abuse

Jefflim1234. I bought already at 1.70.. not sell yet. Thinking on topup some more at 1.83. is that ok? Any suggestion. ? I think will still up in before exdate 32cent

Posted by pang72 > 2017-08-10 09:46 | Report Abuse

Your broker is sleeping

Posted by Ivan09 > 2017-08-10 09:49 | Report Abuse

pang72 Haha I doubt that too... Btw never meet up her as the previous one has resigned... Lol...

Hoping more n more positive bomb today

Posted by casanwk > 2017-08-10 09:53 | Report Abuse

topup 1.79

Posted by 7skies > 2017-08-10 10:03 | Report Abuse

ya BUY somore!