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

The_Reds

2,025 posts

Posted by The_Reds > 2017-12-19 17:15 | Report Abuse

haha..I open my eyes see how long they can tahan..

sigmax

221 posts

Posted by sigmax > 2017-12-19 17:18 | Report Abuse

lowest in 2017 ... sad

zoomsbooms

783 posts

Posted by zoomsbooms > 2017-12-19 17:22 | Report Abuse

my gosh..long time no see..huhuhu..bad..bad

Posted by Bystander123 > 2017-12-19 17:24 | Report Abuse

SCLAND bosses inactivity , cannot unerstand, wonder any sifus / insider can offer some light ?

Posted by Bystander123 > 2017-12-19 17:25 | Report Abuse

SCLAND bosses inactivity , cannot understand, wonder any sifus / insider can offer some light ?

Raul

252 posts

Posted by Raul > 2017-12-20 14:15 | Report Abuse

What happened to this counter?

carilembu

1,249 posts

Posted by carilembu > 2017-12-20 15:30 | Report Abuse

going into hibernation until next bull run

alenac

2,649 posts

Posted by alenac > 2017-12-25 19:21 | Report Abuse

Price gone down basically because of capital repayment and special Divi, all these were financed by a 65 mill plus loans. So company has to pay interest to banks and repay the principle of over 5 mill plus a year. So with strengthening of RM, added to the principle and interest payments, I don't hope to see any cashflow for divi for next 12 years unless products sells exceedingly well with good margins and produce superprofits. No doubt company has cash, maybe tied up to banks for trade facilities. Down to 60 sens is possible. Interestingly, they have set up a subsi which controlled another subsi, all newly setup. Is it third party property and development injection? Or is this still in premature stage?

callme777

1,586 posts

Posted by callme777 > 2017-12-26 15:44 | Report Abuse

Palace of the golden shit, led by jefflim. RIP

Posted by Bystander123 > 2017-12-26 15:51 | Report Abuse

" As at 30 September 2017, the Group has a secured term loan of RM69.432 million which was
utilized to finance the Special Dividend and Capital Repayment to shareholders which were paid
in July 2017 and September 2017 respectively. The tenure of the term loan is for a period of up
to 12 years and is secured by the Company’s leasehold industrial land."

Deposits,cash/Bank balances as at 30 Sep. 2017, = rm45.555 million

Authorised Capital Commitment
for property, plant and equipment not provided for = rm23.801 million

may get reduced dividend but still can payout if mgmt deem fit

Posted by Bystander123 > 2017-12-26 15:57 | Report Abuse

revised NTA is 86 sen, ALCOM is profitable , generate net profit rm4-5 million each Qtr, increased capacity expansion ready by mid 2018, new property dev. projects expected,
would the SCLAND bosses let it drop to 60 sen ? (not sure how this target is arrived ??)

michaelwong

3,072 posts

Posted by michaelwong > 2017-12-26 17:47 | Report Abuse

It needs donkey years to recover just bcos of one wrong choice and decision.l think many who bought this counter stock deducting capital repayment of 32 cents are still loosing about 40-50 % of their resources.

Posted by Bystander123 > 2017-12-26 19:54 | Report Abuse

is the stronger ringgit a plus for ALCOM as more than 67% of its product is exported ,( in terms of cheaper aluminium raw material costs ?)

callme777

1,586 posts

Posted by callme777 > 2017-12-27 11:10 | Report Abuse

Where’s jefflim? Talk so big! Arrogance and pride has led to your down fall!! Palace of the golden alcomites shit! Lick your wounds forever ! Die!

Posted by Bystander123 > 2017-12-27 12:14 | Report Abuse

Not speaking out for anybody, but purpose of forum is for everyone to share relevant news tht can help us make money mah .
Humans do have blind spots , can overdo, but we are responsible to not blindly follow ,

Easy to shoot down people, but does it make us more superior ? Let’s move on, big brother !

Welcome +ve money making ideas , thks !

casanwk

1,496 posts

Posted by casanwk > 2017-12-27 12:41 | Report Abuse

d beautiful Elliot wave cycle just ended(daily)
coupled with good fundamental
smart $ going buy in big again?
it happened back in 1999 june(90cts)

casanwk

1,496 posts

Posted by casanwk > 2017-12-27 15:28 | Report Abuse

to dig in further
in 1999 , eps is 200%
now 2017, eps is whopping 500% above
super,,,,, yummy!!!

carilembu

1,249 posts

Posted by carilembu > 2017-12-28 11:17 | Report Abuse

beli sekarang kalau mau pigi golden palace yang dibina oleh mr yeoh dengan untung dari pelabur pelabur yang mau pigi golden palace

Meowyx

342 posts

Posted by Meowyx > 2017-12-29 11:18 | Report Abuse

New to this counter
Can i know the reason ALCOM drops like shit?
Anyone ?

casanwk

1,496 posts

Posted by casanwk > 2017-12-29 15:06 | Report Abuse

some aggressive trader will buy at this price 8.56
we, conservative trader will switch to higher timeframe to validate d consolidation(daily TF)
if nothing there, we wait-(it can last for days, weeks even months)
is a waiting game!

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-12-31 20:58 | Report Abuse

where the guy who always moaning? pity hiding some1 where cave and cry.

callme777

1,586 posts

Posted by callme777 > 2018-01-02 18:49 | Report Abuse

Even the chairman has abondon shipped. Palace of the golden shit!

Guardize

216 posts

Posted by Guardize > 2018-01-02 19:51 | Report Abuse

dont enter this share now. situation unclear .... alot proposed

The_Reds

2,025 posts

Posted by The_Reds > 2018-01-02 20:00 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5654257
just hope there will be no RI for the proposed acquisition..

Guardize

216 posts

Posted by Guardize > 2018-01-02 21:12 | Report Abuse

management delisted alcom. exchange share with other new company properly is a purely property construction com

Posted by Bystander123 > 2018-01-02 21:56 | Report Abuse

looks +ve , as NEWCO will have new property development (industrial) to boost income by 2019, expect share price to finally start moving

Guardize

216 posts

Posted by Guardize > 2018-01-02 22:17 | Report Abuse

hmm.. hard to say. changing from the long run profited business to a newly property sector really is a risk for investor

Guardize

216 posts

Posted by Guardize > 2018-01-02 22:20 | Report Abuse

thy shd included the property section in alcom. didn't understand their intention to delisted alcom. feel conspiracy behind

Posted by Bystander123 > 2018-01-02 22:26 | Report Abuse

If market does not responds +ve to this news, then its a lost cause here, lets see wht happens

Posted by Bystander123 > 2018-01-02 22:45 | Report Abuse

Posted by turbochart > Jan 2, 2018 10:40 PM | Report Abuse

Sell!! Kenanga give rating 46sen


u mean last year ?

toriamos

101 posts

Posted by toriamos > 2018-01-02 23:02 | Report Abuse

Sell then can collect ! Target price 1.5

Des07

164 posts

Posted by Des07 > 2018-01-03 09:47 | Report Abuse

current market cap 114m buying 92m land with 500m+ GDV. Most likely they are planning to sell off the aluminium business in the future looking at the way they set up the structure.

Posted by Bystander123 > 2018-01-03 10:19 | Report Abuse

looks like the new mgmt got a game plan one, hope it include taking care of small investors also, haha !

Guardize

216 posts

Posted by Guardize > 2018-01-03 14:10 | Report Abuse

need huge borrowing from bank if do property sector. and the profit and collection r not in time

Posted by Bystander123 > 2018-01-03 14:48 | Report Abuse

the new mgmt expertise in property dev. mah !
now got 2 major sources of revenue, instead of just 1, good isnt it ?

tp 1.12 ?

Posted by Bystander123 > 2018-01-03 14:50 | Report Abuse

ket's see if this lagggard can catch up with the out performers

Posted by Bystander123 > 2018-01-03 15:02 | Report Abuse

new mgmt must boost confidence of investors, so shd be worth a play

The_Reds

2,025 posts

Posted by The_Reds > 2018-01-03 17:16 | Report Abuse

Need to monitor next few days to confirm the uptrend..if yes means market gives positive outlook towards its latest proposal plan

carilembu

1,249 posts

Posted by carilembu > 2018-01-03 21:05 | Report Abuse

need more people to want to visit golden palace for the price to return to 1.80 level..

Posted by Bystander123 > 2018-01-04 09:56 | Report Abuse

Slowly moving up,,,better not miss the boat,, tp 1.12 ?

Posted by Bystander123 > 2018-01-04 09:56 | Report Abuse

CNY rally mah !

carilembu

1,249 posts

Posted by carilembu > 2018-01-04 16:15 | Report Abuse

time to buy when everybody is fearful... sell when ppl talk about the golden palace..

carilembu

1,249 posts

Posted by carilembu > 2018-01-04 16:16 | Report Abuse

at least 1.00 before the cny

Posted by Bystander123 > 2018-01-04 16:18 | Report Abuse

Better hurry ! moving faster now !!

Posted by Bystander123 > 2018-01-04 16:22 | Report Abuse

this is a low risk, high gain short interval,..
6 mths downturn just finished, new mgmt just ann. on 2/1/18 new game plan to have 2 prong business, existing business plus industrial property dev. (whc new mgmt is expert),

the new mgmt die die must show market approval mah !

Posted by Bystander123 > 2018-01-04 16:23 | Report Abuse

also, they bgt in at rm1.12

Posted by Bystander123 > 2018-01-05 09:48 | Report Abuse

Moving up at steady pace, to build the nice upward chart mah !

casanwk

1,496 posts

Posted by casanwk > 2018-01-05 10:15 | Report Abuse

just not enough with new mgt
mgt must prove they can deliver
that is good report card- QR
when?

Posted by Bystander123 > 2018-01-05 10:18 | Report Abuse

now is concept play time mah !

is it bottom already ? u must ask this Qn first

if yes, where is nxt likey path ? horizontal or up ?

can make money in this scenario ? if yes, better not wait too long, now is the safest low cost time

if no, wait loh !

Posted by Bystander123 > 2018-01-05 10:20 | Report Abuse

we just put in our little share capital, the new mgmt pump in millions one, they more risk than us, to make it work, its their headache mah !

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