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

michaelwong

3,072 posts

Posted by michaelwong > 2017-08-10 10:22 | Report Abuse

yuanlong57 thnks for your information !

Posted by Zkarim85 > 2017-08-10 10:32 | Report Abuse

Ivan09 how come your broker didn't gv us call? Lol

Posted by Jefflim1234 > 2017-08-10 10:52 | Report Abuse

[tingangap1 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]
First ask yourself whether u r buying as an investment or for speculative purposes. As far as I m concerned if for investment there's still plenty of room for the counter to go UP!! Time when it will make its move WHO KNOWS BUT MY TAKE IS THAT it will b pretty soon. BUT if still too many traders/speculators then the upward move will b delayed. So that's my take. The decision is ENTIRELY YOURS!!
Comment is not meant as a recommendation to buy or sell. Use infos as u see fit.

forgot090

997 posts

Posted by forgot090 > 2017-08-10 11:09 | Report Abuse

ermmmmmmmm why not shooting up

mrcg1982

13 posts

Posted by mrcg1982 > 2017-08-10 11:40 | Report Abuse

seriously.. no investment house covering this counter..any idea what is the target price base on fundamental..? thanks in advance..imho it's look gonna rally soon. next week maybe

Ivan09

36 posts

Posted by Ivan09 > 2017-08-10 11:50 | Report Abuse

Zkarim85 come give me ur hp no I pass to her hahaha!

K.v. Lim

294 posts

Posted by K.v. Lim > 2017-08-10 12:12 | Report Abuse

For short term/contra players, please be careful. This counter up fast drop also fast. Lots of steel counters also now slowly drop back. Monitor closely. Alcom obtain approval from court for capital repayment but the entitlement date is around end of September and still pending announcement from Alcom. For medium/ long term players no problem. We just hold. TP1: 2.00 TP2: 2.20. Good Quarter announcement result we shall see another spike up.

Ivan09

36 posts

Posted by Ivan09 > 2017-08-10 12:19 | Report Abuse

K.v.Lim Is it advisable to keep until last quarter of the year? Bcz might need some cash flow in the year end...

Ivan09

36 posts

Posted by Ivan09 > 2017-08-10 12:28 | Report Abuse

Another question to ask, as I'm new in trading... Usually for dividend entitlement, if we only sell off the share right after ex-date or on ex-date itself, before the entitlement date, are we still entitle the dividend?

And if we buy on ex-date itself, do we entitle as well?

Appreciate all sifu's advice :)

K.v. Lim

294 posts

Posted by K.v. Lim > 2017-08-10 12:43 | Report Abuse

For more advise you can ask jefflim1234. His the sifu.

K.v. Lim

294 posts

Posted by K.v. Lim > 2017-08-10 12:50 | Report Abuse

Bro ivan09 I foresee good results this quarter which will announce end of this month. And for September is the announcement for capital repayment of 0.32sens. Shares sold after ex date are entitle for dividend. And if we buy on ex date it self we are also entitle for dividend. But do note there would be price correction of 0.32 sens or more after ex date. Will have to monitor how much is Alcom trading after ex date to able to give a better judgement to hold or not to hold until last quarter of the year.

zoomsbooms

783 posts

Posted by zoomsbooms > 2017-08-10 12:52 | Report Abuse

Buy on ex date won't entitle dividend.

zoomsbooms

783 posts

Posted by zoomsbooms > 2017-08-10 12:53 | Report Abuse

you must hold one day before ex-date by 5.00pm to entitle to dividend

zoomsbooms

783 posts

Posted by zoomsbooms > 2017-08-10 13:00 | Report Abuse

q2 & qr3 revenue result will likely to increase..but cash in hands for q2 will reduce as alcom use the cash balance to pay for dividend back 2 months ago.

but eps for 3rd quarter will see a drop as capital reduction takes place and market cap shrinking.

K.v. Lim

294 posts

Posted by K.v. Lim > 2017-08-10 13:07 | Report Abuse

thanks Zoomsbooms for the correction.

Posted by tingangap1 > 2017-08-10 13:12 | Report Abuse

Tq jefflim your comment.

pang72

50,932 posts

Posted by pang72 > 2017-08-10 13:12 | Report Abuse

Zoom: how is the capital reduction will affect the 3rd quarter EPS?

K.v. Lim

294 posts

Posted by K.v. Lim > 2017-08-10 13:13 | Report Abuse

the effect of capital reduction is to reduce the cost of capital hence a better ROE. But the capital repayment is funded by borrowings which will incur interest expenses hence reducing earnings. Therefore higher Gearing and lower EPS.

slts

2,235 posts

Posted by slts > 2017-08-10 13:37 | Report Abuse

the plus side r its pe will be lowered after ex date
thus provide more room for upside

kennyku

494 posts

Posted by kennyku > 2017-08-10 13:43 | Report Abuse

Out of expected..... though will fly high to golden premiur palace.....

Ivan09

36 posts

Posted by Ivan09 > 2017-08-10 14:13 | Report Abuse

K.v.Lim & zoomsbooms Thanks for the info... Now I understand about the ex-date exercise. Hope Alcom could give us more sweets before the year end, and everyone is goin to have a great holiday!

tattvooi

142 posts

Posted by tattvooi > 2017-08-10 15:07 | Report Abuse

these few days market reacted strangely....another gloomy day b4 TGIF~

K.v. Lim

294 posts

Posted by K.v. Lim > 2017-08-10 15:16 | Report Abuse

Because overall market sentiment not good. There is the tension between North Korea and US. Locally no fresh catalyst and we yet to see Najib making the 1MDB payment to IPIC. Contra player be careful. Most steel counters going red. Overall market 588 counters red.

pang72

50,932 posts

Posted by pang72 > 2017-08-10 15:21 | Report Abuse

Pmetal wake up again!!
Hope it bring all alu stock up togethet

Ivan09

36 posts

Posted by Ivan09 > 2017-08-10 15:24 | Report Abuse

K.v.Lim Bro are u also holding any pieces from other counters? Mind to share your penny of thoughts regards to the comin trend?

K.v. Lim

294 posts

Posted by K.v. Lim > 2017-08-10 15:47 | Report Abuse

Perhaps you can add me on whatsapp. My number is on my profile page. I don't want to kacau this forum.

Ivan09

36 posts

Posted by Ivan09 > 2017-08-10 16:12 | Report Abuse

K.v.Lim cool bro. I''ll add u shortly.

7skies

375 posts

Posted by 7skies > 2017-08-10 16:20 | Report Abuse

time to BUY alcomm!

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-08-10 16:21 | Report Abuse

I think no more good news anymore unless wait news result out

michaelwong

3,072 posts

Posted by michaelwong > 2017-08-10 16:33 | Report Abuse

Bad market sentiments that subsequently pulled down stocks prices for almost one month ago and many investors are currently loosing money or got trapped and stranded. Nothing to do with alcom as alcom have taken the initiative to reward share holders with 32cents /share capital repayment.

7skies

375 posts

Posted by 7skies > 2017-08-10 16:38 | Report Abuse

last min BUY bro!

zoomsbooms

783 posts

Posted by zoomsbooms > 2017-08-10 16:53 | Report Abuse

the good news is...

forgot090

997 posts

Posted by forgot090 > 2017-08-10 17:46 | Report Abuse

the Capital Repayment will be implemented by way of a reduction of the share capital of Alcom under Section 116 of the Companies Act, 2016 as approved by Alcom's shareholders on 22 June 2017 and confirmed by the High Court of Malaya on 9 August 2017.

Alcom's shareholders whose names appear on Alcom's Record of Depositors as at 5.00 p.m. on 24 August 2017 ("Entitlement Date"), will on 11 September 2017 receive a cash distribution under the Capital Repayment of RM0.32 for each ordinary share held on the Entitlement Date.

The trading of Alcom shares on the Main Market of Bursa Malaysia Securities Berhad will not be suspended for the purpose of the Capital Repayment. Alcom's shareholders are not required to take any action in respect of the Capital Repayment.

This announcement is dated 10 August 2017.

forgot090

997 posts

Posted by forgot090 > 2017-08-10 17:47 | Report Abuse

MUACK MUACK !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!'

24 August 2017 ("Entitlement Date"), will on 11 September 2017 receive a cash distribution under the Capital Repayment of RM0.32 for each ordinary share held on the Entitlement Date.

forgot090

997 posts

Posted by forgot090 > 2017-08-10 17:48 | Report Abuse

EX DATE IS 22 AUGUST 2017

zoomsbooms

783 posts

Posted by zoomsbooms > 2017-08-10 17:50 | Report Abuse

aiyoo...baru nk bg surprise...tot lambat lagi..

sighhh

forgot090

997 posts

Posted by forgot090 > 2017-08-10 17:50 | Report Abuse

HA HA NVM ..

forgot090

997 posts

Posted by forgot090 > 2017-08-10 17:51 | Report Abuse

2MORROW SHOOTING UP ??
BINGO !!!!!!!!!!!!!!

sigmax

221 posts

Posted by sigmax > 2017-08-10 17:52 | Report Abuse

due to market sentiments bad.. was swinging whether to top up or not :(

forgot090

997 posts

Posted by forgot090 > 2017-08-10 17:54 | Report Abuse

JEFFLIM smash all the way to alcom golden palace!!!!!!

michaelwong

3,072 posts

Posted by michaelwong > 2017-08-10 18:17 | Report Abuse

Take some precautions and many have already badly burnt like charcoal...... with sudden price drop. Hahaha !!!!

Jun Yi Lim

432 posts

Posted by Jun Yi Lim > 2017-08-10 18:38 | Report Abuse

Tomorrow no 20% up no sell

casanwk

1,496 posts

Posted by casanwk > 2017-08-10 21:51 | Report Abuse

my goodness
early christmas!

kennyku

494 posts

Posted by kennyku > 2017-08-11 01:05 | Report Abuse

Gogogo.... alcom golden premier palace!!!!

choolooi

310 posts

Posted by choolooi > 2017-08-11 01:15 | Report Abuse

Alcom management is real fast n furious...

Cheers !!!

Happy dreams everyone

Posted by Jefflim1234 > 2017-08-11 06:30 | Report Abuse

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

Posted by Jefflim1234 > 2017-08-11 06:30 | Report Abuse

TGIF!!!

LPTan68

469 posts

Posted by LPTan68 > 2017-08-11 06:38 | Report Abuse

大家早上好。。。

LPTan68

469 posts

Posted by LPTan68 > 2017-08-11 06:41 | Report Abuse

昨天没买进。。。。。。。。。。。。过多因素,希望我是错的。。。


alcom 投资们您们好!!!!!

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