ALCOM GROUP BERHAD

KLSE (MYR): ALCOM (2674)

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Last Price

0.78

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


1 person likes this.

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

Posted by Bystander123 > 2018-01-13 13:40 | Report Abuse

wow ! i will hold my ALCOM shares, thks for feedback, now know got many savvy holders in ALCOM, HUAT AH !!

meistsk3134

2,368 posts

Posted by meistsk3134 > 2018-01-13 22:07 | Report Abuse

golden palace? thou say golden palace already run away. maybe a golden pee

slts

2,235 posts

Posted by slts > 2018-01-16 15:56 | Report Abuse

need to write another blog to boost price
more juice require

Posted by Bystander123 > 2018-01-16 17:03 | Report Abuse

thks for your confidence in prospects for ALCOM ! that's Y , i'm holding, n u can see from t action, no panic sell, n got hidden support, waiting for t next signal, haha !

Ken Tang

80 posts

Posted by Ken Tang > 2018-01-17 05:53 | Report Abuse

the price will go up eventually, just need some patience.
Volume is not there yet.

JW Leong

99 posts

Posted by JW Leong > 2018-01-19 15:46 | Report Abuse

Alcom 0.93 who selling?

Stockgod8

80 posts

Posted by Stockgod8 > 2018-01-20 22:26 | Report Abuse

Vtstander sailang? Why so keen on ALCOM? 1000+ company in bursa

Posted by Bystander123 > 2018-01-21 13:51 | Report Abuse

Just like to highlight , well managed , performing companies tht is not fancied yet by stk pickers, but t mgmt has made a major shift in business strategy, tht could impact favourably, going forward. Naturally, got take some position here, hihi

Posted by Bystander123 > 2018-01-21 20:38 | Report Abuse

a word of caution though, that the recent rally above rm1, looks like not sustaining, n it may drift slowly south, until the coming EGM, to b announced soon.

So, not for contra n short term players just yet.

for players willing to hold, due to the +ve FA factors highlighted, pls keep spare bullets always, cannot b aggressive buyers until it cross rm1 convincingly.

Posted by Nga Khor Lee > 2018-01-24 12:34 | Report Abuse

.

Posted by Bystander123 > 2018-01-24 22:54 | Report Abuse

Change in Boardroom

ALUMINIUM COMPANY OF MALAYSIA BERHAD

Date of change 24 Jan 2018
Name MR MARC FRANCIS YEOH MIN CHANG
Age 33
Gender Male
Nationality Malaysia
Designation Alternate Director
Directorate Executive
Type of change Appointment
Qualifications - Master of Business Administration in Finance from University of Southern Queensland, Australia
- Bachelor of Science Degree in Electrical and Electronic Engineering (Magna cum Laude) from Marquette University, United States of America
Working experience and occupation He is the Group Managing Director of Can-One Berhad ("Can-One"). Prior to this, he was the Chief Operating Officer cum Executive Director of Can-One group of companies.

Before he joined Can-One, he was with Axiata Group Berhad group of companies serving in various senior positions abroad from 2007 to 2010.
Directorships in public companies and listed issuers (if any) Can-One Berhad
Family relationship with any director and/or major shareholder of the listed issuer He is the son of Yeoh Jin Hoe, the Executive Director and major shareholder of the Company.
Any conflict of interests that he/she has with the listed issuer Nil
Details of any interest in the securities of the listed issuer or its subsidiaries Nil

Posted by Bystander123 > 2018-01-24 22:56 | Report Abuse

Profile of Big Boss , Yeoh Jin Hoe, aged 70, major shareholder (29.66%) -

- Executive Director of ALCOM

- He is a major shareholder and Non-Independent Non-Executive Director.
of CAN-ONE BERHAD

- Group Managing Director of Kian Joo Can Factory Berhad

- Group Managing Director oF Box-Pak (Malaysia) Bhd.

He has extensive experience in the manufacturing and trading industries, having been the founder of several companies involved in the manufacturing sector.

The Kaiserkorp Sdn. Bhd. group of companies (“Kaiserkorp
Group”) which manufacture and distribute “KingKoil” and other branded mattresses as well as other sleep related products in Malaysia were started by him in the 1980s.

He also founded Agrow Malaysia Sdn. Bhd. group of
companies, which distribute sanitary wares, ironmongery and builders’ hardware.
Thereafter, he went on to
establish Ibufood Corporation Sdn. Bhd. group of companies (“Ibufood Group”) which manufacture and distribute
instant noodles, food seasonings, instant soups and marinades.

(Extract from CAN-ONE annual report 5 April,2017)

Posted by Bystander123 > 2018-01-24 23:01 | Report Abuse

Another Top Gun / Board Member in ALCOM :


Change in Boardroom

ALUMINIUM COMPANY OF MALAYSIA BERHAD

Date of change 08 Nov 2017
Name MR HEON CHEE SHYONG
Age 50
Gender Male
Nationality Malaysia
Type of change Redesignation
Previous Position Managing Director
New Position President
Directorate Executive
Qualifications Bachelor of Civil Engineering (Hons) and Bachelor of Commerce Management, University of Wollongong, Australia
Working experience and occupation He had accumulated 22 years of working experience within the NS BlueScope Steel group holding numerous key leadership roles. He is currently the Chairman of Aluminium Manufacturers Group of Malaysia (FMM-AMGM).
Family relationship with any director and/or major shareholder of the listed issuer Nil
Any conflict of interests that he/she has with the listed issuer Nil
Details of any interest in the securities of the listed issuer or its subsidiaries Nil

Posted by Bystander123 > 2018-01-24 23:03 | Report Abuse

can see that ALCOM got a v. dynamic n experienced BOARD, n this augurs well for the company's future growth n share price !!

Posted by Bystander123 > 2018-01-25 19:47 | Report Abuse

We refer to the announcements dated 2 January 2018 and 12 January 2018 in relation to the Proposals.

On behalf of the Board, UOBKH wishes to announce that the High Court at Shah Alam has fixed 13 February 2018 as the court hearing date for the Company’s application to obtain leave of court to convene a meeting of its members in relation to the Proposed Internal Reorganisation pursuant to Section 366 of the Act.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5676017


EGM will b on soon, mayb after CNY ?

looking foward to this +ve event , hahaha

JW Leong

99 posts

Posted by JW Leong > 2018-01-29 17:14 | Report Abuse

Keep dropping :(

Posted by Bystander123 > 2018-01-29 21:36 | Report Abuse

Yes, on v low volume, major shareholders still not in hurry to boost up yet, lowest is 85 sen so far, so can slowly add, below 90 sen , with a view of price recovery by CNY / EGM,
i think the BOARD is smart people,n know what to expect at EGM, if price still not performing, haha !

Posted by Bystander123 > 2018-01-30 16:23 | Report Abuse

Look again at the TOP GUNS in ALCOM's BOARD, do u think, they will let shareholders down, ?

ALCOM is fundamental stk, need some time to show, no need to get panicky, n give in to kiamsep buyers,

treat at 3 mths FD, n collect with interest soon ..

JW Leong

99 posts

Posted by JW Leong > 2018-01-30 16:32 | Report Abuse

Hopefully

Posted by Bystander123 > 2018-01-30 16:43 | Report Abuse

remember u are the BOSS (shareholders) , if ALCOM dont perform, must attend EGM n ask the BOARD to explain loh ! hahaha

JW Leong

99 posts

Posted by JW Leong > 2018-01-30 17:03 | Report Abuse

Mostly EGM on weekend probably saturday,i have to work on sat,cant attend

Posted by Bystander123 > 2018-01-30 17:25 | Report Abuse

oh...mayb not need to attend..haha

Posted by Bystander123 > 2018-02-02 10:08 | Report Abuse

v. happy,, everyone here knows the game, whoever wants to collect cheap,cheap cannot outwait us one,

bcause CNY coming, EGM coming.. u think these TOP GUNS dont want face one ?

we can outwait them to show their hand, they got more to lose, if ALCOM dont perform maa ..
if they throw a bit, , we happily take loh...

But, i dont blame these , whoever try to squeese small investors, its part of the game..

can get free makan at EGM later, haha

Posted by Bystander123 > 2018-02-02 14:31 | Report Abuse

ALCOM,

calvintaneng j Paul Getty said
BUY A STOCK THAT ABSOLUTELY NOBODY WANT.

THEN WAIT.

WAIT UNTIL EVERYBODY ALSO WANT THE STOCK. THEN SELL TO ALL IN HOT HOT MARKET
02/02/2018 11:56

copy from TAIKO Calvintaneng (King of holland stks), with paraphrase :

BUY a good fundamental STOCK THAT ABSOLUTELY NOBODY WANT / appreciate yet

THEN WAIT.

WAIT UNTIL EVERYBODY ALSO WANT THE STOCK (see its true value revealed) THEN SELL TO ALL IN HOT HOT MARKET

Posted by Bystander123 > 2018-02-03 15:31 | Report Abuse

Looks like BURSA Malaysia 's corrective wave, will go full swing on Monday.

But, for those who invested in sound fundamental stks like ALCOM n selected blue chips in KLCI
can stay confident, that these stks can weather the oncoming storm.

No need to panic sell, bcause the drop in sound fundamental stks will b minor, compared to over-speculated stks, whc have big followings.

Sound fundamental stks like ALCOM, will rebound swiftly once the storm blow over.

As everyone knows,at 89 sen, ALCOM is already v. near its lowest level of 85 sen, a v. attractive level to buy on dips, but as always, pls keep some cash reserves at all times.

Happy bargain hunting !

Posted by Bystander123 > 2018-02-03 15:33 | Report Abuse

CNBC :
Dow plummets 666 points, capping worst week in 2 years
Friday marked the first time since June 2016 that the Dow fell at least 500 points.
The major indexes posted their worst weekly performance in two years.
The benchmark 10-year yield rose to 2.85 percent.
Fred Imbert | Silvia Amaro
Published 21 Hours Ago Updated 9 Hours Ago

https://www.cnbc.com/2018/02/02/us-futures-move-lower-as-investors-worry-about-rising-yields.html

yuanlong57

1,528 posts

Posted by yuanlong57 > 2018-02-04 01:31 | Report Abuse

Bystander123
My standing ovation for all your efforts in one-man standing courageously in lifting high the lofty flag of ALCOM in trying and testing times.

The warm encouragement through your detailed and rational analyses is superb and highly commendable. Keep it up! Thanks.

Posted by Bystander123 > 2018-02-04 07:32 | Report Abuse

Yuanlong57,
A v. brave investor, to make comments now in ALCOM, haha
Know tht many of us believe tht this illustrious BOARD , is capable of achieving great things , going forward.
But, as always , t BOARD , try to pretend , they are not working for us , their BOSSES, taking their own time, to show their hand !
Just have to b patient, wit these TOP GUNS...
hahahaha !

Posted by Bystander123 > 2018-02-06 07:20 | Report Abuse

Now is t time to use our cash reserve ,but unless u got deep deep pocket like WB, its only human to b fearful n a bit greedy only . Guess safety first, let t storm blow over , knowing tht ALCOM ‘s BOARD is more worried thn us, small investors , is also good option....

JW Leong

99 posts

Posted by JW Leong > 2018-02-06 10:43 | Report Abuse

I will hold until it up bk

Posted by Bystander123 > 2018-02-06 10:52 | Report Abuse

Same, treat as 3 mth fd

JW Leong

99 posts

Posted by JW Leong > 2018-02-06 10:55 | Report Abuse

Nw its nt the time to avg the price,wait until us market rebound first

Posted by Bystander123 > 2018-02-06 11:01 | Report Abuse

Yes, only for experienced traders , like t Paktua73 ( s’pore funds)

Posted by Bystander123 > 2018-02-06 11:06 | Report Abuse

Or seasoned veterens , wit deep deep pockets, ...

JW Leong

99 posts

Posted by JW Leong > 2018-02-06 11:53 | Report Abuse

Yesterday i bought some at 0.865,never thought dt today lower somemore :D

Posted by Bystander123 > 2018-02-06 12:19 | Report Abuse

Yes, cannot expect one, thts Y , good to keep spare cash untouched

Posted by Bystander123 > 2018-02-06 12:21 | Report Abuse

Got confidence in sound fundamental shares like ALCOM, esp the major plans by mgmt , just ahead

JW Leong

99 posts

Posted by JW Leong > 2018-02-06 16:45 | Report Abuse

Glad to c alcom supportin very strong after 4pm js nw

Posted by Bystander123 > 2018-02-06 17:42 | Report Abuse

Yes, can see got confident buyers, many people still cautious on Dow Jones tonight, let’s hope for a strong rebound in Wall Street...

Posted by Bystander123 > 2018-02-06 18:08 | Report Abuse

at 9.18am, looks like someone try to cause panic selldown on ALCOM, by throwing 1000 shares at 0.785 sen, when last done was 0.83 sen at 9.15am

Let's not be mislead by these someone, who want to take advantage of the chaos, to curi ayam.

We must b firm, with these kiamsiap kedekut buyers, n dont entertain them, if they not willing to pay a fair higher price...hahaha

Posted by Bystander123 > 2018-02-06 18:44 | Report Abuse

did not expect ALCOM, to go below 85 sen, but, as everyone know, got some cunning big buyer, who still not collected enough, n was able to make use of the current chaos, to his advantage..

Thanks to existing holders who came out to show their strength, this cunning, kiamsiap kedekut buyer, did not achieve his main objective...

Yes, when existing ALCOM holders unite, n dont sell cheap, we can see +ve results,

Coming EGM, will have big news on ALCOM's new vision n plans publicised, which will be +ve for ALCOM's shares...

Till then, just have to hold firm...see u at EGM.. !

toriamos

101 posts

Posted by toriamos > 2018-02-07 11:38 | Report Abuse

when egm ?

Posted by Bystander123 > 2018-02-07 13:33 | Report Abuse

on 13th Feb, will get High Court approval for EGM, then need 21 days notice, so shd b in early March, in my opinion

Posted by Bystander123 > 2018-02-07 13:35 | Report Abuse

@ toriamos

How is your view on ALCOM prospects, going forward, ?

thks.

Posted by Bystander123 > 2018-02-07 15:53 | Report Abuse

ACT 125
COMPANIES ACT 1965 (REVISED - 1973)
PART V - MANAGEMENT AND ADMINISTRATION
DIVISION 3 - MEETINGS AND PROCEEDINGS

Section 144. Convening of extraordinary general meeting on requisition.

(1) The directors of a company, notwithstanding anything in its articles, shall on the requisition of members holding at the date of the deposit of the requisition not less than one-tenth of such of the paid-up capital as at the date of the deposit carries the right of voting at general meetings or, in the case of a company not having a share capital, of members representing not less than one-tenth of the total voting rights of all members having at that date a right to vote at general meetings, forthwith proceed duly to convene an extraordinary general meeting of the company to be held as soon as practicable but in any case not later than two months after the receipt by the company of the requisition.

could b as early as 2 weeks,up to the BOARD, so earliest is end of Feb

Posted by Bystander123 > 2018-02-07 16:10 | Report Abuse

yesterday, selldown saw 786,900 shares chg hands at 78.5-80 sen level.

can see that majority of those who bgt at this level, still holding firm , for a much higher price in near future....

only 317,400 shares done today, as at 4.05 pm,

Posted by Bystander123 > 2018-02-07 16:43 | Report Abuse

, more than 60% of those savvy investors who bgt ALCOM, cheap cheap yesterday, still holding firm, guess they see potential in ALCOM, in near future ?

toriamos

101 posts

Posted by toriamos > 2018-02-08 01:19 | Report Abuse

My view on Alcom. With an extra source of income from development , the purchase of land at Kota Damansara is consider the last pcs of big land at KD. Guess the project will be sellable.
And seems like management holding majority of tix on hand. To push up the price in conjunction with their egm / announcement / new move

I think 1.5 - 1.8 is achievable by yr end.

Posted by Bystander123 > 2018-02-08 08:54 | Report Abuse

Thks, this mgmt v pro, play t game with all t good cards in their hands, ..

Posted by Bystander123 > 2018-02-09 07:06 | Report Abuse

Warren Buffett: “Price Is What You Pay, Value Is What You Get”

'.I think 1.5 - 1.8 is achievable by yr end.', view s of many ALCOM holders here

Any surprise Y ALCOM's volume is shrinking , with many holders prefer to hold tight rather than b shortchanged at 82.5 sen ?

Happy Bargain hunting !

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