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

Posted by Bystander123 > 2018-04-19 11:23 | Report Abuse

Just notice that our super A+ mgnt, had good foresight to top up on the inventory, which is very advantageous in the current fast escalating Aluminium price scenario.
Closing inventory at 67.574 million (RM) was 17% higher than previous fin. yr .

Posted by jordanmaggie61 > 2018-04-19 12:06 | Report Abuse

oko

Posted by Bystander123 > 2018-04-19 12:32 | Report Abuse

sell now,buy back strategy , may not be optimal
patient, hold could be more rewarding
buy,buy shd be most rewarding !! haha..

yuanlong57

1,528 posts

Posted by yuanlong57 > 2018-04-19 13:07 | Report Abuse

Goldman Sachs: Rusal shock may drive aluminium to US$3,000
Read more at https://www.thestar.com.my/business/business-news/2018/04/19/goldman-sachs-rusal-shock-may-drive-aluminium-to-us3000/#7BKSA81FxbwIvaD4.99

Posted by Bystander123 > 2018-04-19 13:51 | Report Abuse

Spotlight on Aluminium counters now !

Posted by Bystander123 > 2018-04-19 13:52 | Report Abuse

Go ! Go ! ALCOM , time to fly high !!

Posted by Bystander123 > 2018-04-19 15:32 | Report Abuse

WOW !! ALCOM & LBALUM are neck to neck, friendly competitors today...

Posted by Bystander123 > 2018-04-19 15:38 | Report Abuse

Yes, ALCOM holders have full confidence in the BOARD, holding tight n add more today..

Posted by Bystander123 > 2018-04-19 15:40 | Report Abuse

TP RM1 is just a small number , hahaha !

Posted by Bystander123 > 2018-04-19 17:43 | Report Abuse

GOOD SHOW by aluminium counters, ARANK,LBALUM,ALCOM today !!
lets look for encore tmrw...

The_Reds

2,025 posts

Posted by The_Reds > 2018-04-19 17:46 | Report Abuse

now is aluminium theme play..hopefully Alcom can go back to above 1.00

Posted by Bystander123 > 2018-04-19 18:17 | Report Abuse

Volume is good for aluminium ctrs, looks promising

OPMS

1,183 posts

Posted by OPMS > 2018-04-19 18:53 | Report Abuse

break the resistance, nice..

yuanlong57

1,528 posts

Posted by yuanlong57 > 2018-04-19 22:06 | Report Abuse

No wonder people say there's a silver lining in the clouds of the trade war sentiments.

ajim102

63 posts

Posted by ajim102 > 2018-04-20 06:15 | Report Abuse

Aluminium price retrace back to 2488.25. Will alcom rally today or drop?

Posted by Bystander123 > 2018-04-20 07:19 | Report Abuse

ALCOM has been building a strong support base since march, and is lagging behind the leaders ARANK (up 16%), LBALUM(up 10+%), ALCOM only up 6% , still long way to catch up, TP above rm1.

Posted by Bystander123 > 2018-04-20 07:22 | Report Abuse

GE14 Bullish sentiments shd be +ve until early May !

yuanlong57

1,528 posts

Posted by yuanlong57 > 2018-04-20 08:18 | Report Abuse

HLEBroking in morning brief:
Bursa Malaysia: Tracking the regional performance as well as the rally in selected commodities (oil and aluminium), the FBM KLCI surged towards the all-time-high zone to end at 1,895.18 pts (+0.84%). Most of the O&G (Sapura Energy and Hibiscus) and aluminium-related (Press Metal and Alcom) stocks were traded actively higher.

KLCI outlook: Traders on the local front could turn on the profit taking mode as the FBM KLCI is trading near the all-time-high zone. We expect the selling spell could emerge selectively within the small cap and lower liners as well amid overbought signals. Nevertheless, we see commodities related (oil and aluminium) stocks are likely to trend higher.

Posted by Bystander123 > 2018-04-20 08:47 | Report Abuse

Agree, aluminium stks in the limelight to outperform !

Posted by Bystander123 > 2018-04-20 10:13 | Report Abuse

ALCOM looks set to resume its upward trajectory, still lag behind the leaders ARANK,LBALUM

abcde12345

493 posts

Posted by abcde12345 > 2018-04-20 11:40 | Report Abuse

gogo

Posted by Bystander123 > 2018-04-20 11:44 | Report Abuse

most ALCOM holders expect the shares to easily exceed rm1.20, once concrete news on its RM500 m game changer project is revealed in coming AGM/EGM

https://klse.i3investor.com/blogs/bYSTANDER123/144206.jsp

Jessie Ng

502 posts

Posted by Jessie Ng > 2018-04-20 15:45 | Report Abuse

good

Posted by Bystander123 > 2018-04-20 16:59 | Report Abuse

Mild profit taking on eve of weekend amidst clear signs of quiet accumulation in progress, gives confidence that uptrend is intact..Happy weekend and look forward to another good week ahead !

Posted by jordanmaggie61 > 2018-04-20 17:25 | Report Abuse

easy money

OPMS

1,183 posts

Posted by OPMS > 2018-04-20 19:17 | Report Abuse

hehehe.. mild retreat

carilembu

1,249 posts

Posted by carilembu > 2018-04-23 11:24 | Report Abuse

looks like back to 0.75 soon

Posted by Bystander123 > 2018-04-23 11:49 | Report Abuse

Maybe just a retest of its support before resume uptrend, normal one..see v. low volume sellers, just that buyers hesitate to be agressive in view of GE14

Posted by Bystander123 > 2018-04-23 17:06 | Report Abuse

saw at 4.28 pm, someone throw 200 shares at 83 sen ? (when price was 85 sen), to try push down ALCOM, so can collect cheaper..yes, still not collected enough,.haha
just hold firm, ALCOM will resume uptrend soon..

The_Reds

2,025 posts

Posted by The_Reds > 2018-04-23 22:54 | Report Abuse

Tomolo all alu counters gg..god bless us

Posted by Bystander123 > 2018-04-23 23:08 | Report Abuse

actually, Aluminium raw material continued price downtrend and strong RM will have +ve impact to ALCOM (lower cost of production).
http://alcom.com.my/main/products.php?cat=22

scottybang

310 posts

Posted by scottybang > 2018-04-24 09:06 | Report Abuse

bystander123, hope you stand strong

Posted by Bystander123 > 2018-04-24 09:27 | Report Abuse

I’m keeping until AGM/EGM maa, big boys still not collect enough, push down to create panic sell, hold firm..

Posted by Bystander123 > 2018-04-24 09:29 | Report Abuse

Prospective PE 7,implied NTA 1.70, new revenue stream being created, good prospects ..

Posted by Bystander123 > 2018-04-24 09:31 | Report Abuse

Low vol selling, most holders not concern

Bullhunter

1,194 posts

Posted by Bullhunter > 2018-04-24 09:34 | Report Abuse

bullshxxt

Bullhunter

1,194 posts

Posted by Bullhunter > 2018-04-24 09:38 | Report Abuse

Bearish trend intact.

Posted by Bystander123 > 2018-04-24 09:39 | Report Abuse

@Bullhunter pls sell all your holdings, follow your instinct

Posted by Bystander123 > 2018-04-24 09:43 | Report Abuse

ALCOM counter must be patient, big brother no hurry to push up, bcause ALCOM ,making money, just gave 52.5 sen cash payout last yr, most holders still make money

Posted by Bystander123 > 2018-04-24 09:44 | Report Abuse

ALCOM will get rerated on +ve news flow, Apr-May period, AGM/EGM could be June

Posted by Bystander123 > 2018-04-24 09:47 | Report Abuse

small selldown today could be due to contra players got caught by T+3, tough to make money contra this GE14 period

Bullhunter

1,194 posts

Posted by Bullhunter > 2018-04-24 09:59 | Report Abuse

Aluminium price crash are dragging all alum stocks down. Brace for more sell off!

scottybang

310 posts

Posted by scottybang > 2018-04-24 10:00 | Report Abuse

hi bystander123, but one thing that i could not understand, why ALCOM could fall from such a high sky to its lowest peak? there must be something reason behind..

Posted by Bystander123 > 2018-04-24 10:38 | Report Abuse

Mayb the long time holders can give a clearer view. I guess, since Aug. the price not yet recovered bcause the big holders want to collect back more shares but response not good, so we just wait for market to rerate on news flow like Qtr results due soon

Posted by Bystander123 > 2018-04-24 10:39 | Report Abuse

Last time it drop to 70 sens level, was a good buy opp.

Posted by Bystander123 > 2018-04-24 10:46 | Report Abuse

If you read the background on ALCOM, you will have confidence that the mgmt and BOARD are on top of the game, sad thing is they are professional production engineers profile, looks like dont play,play shares, just let market rate their results...

Posted by Bystander123 > 2018-04-24 10:47 | Report Abuse

Of course the big boss Mr Yeoh is very savvy one, his holdingcost per share now is only 8 sen..mayb he is the one still want to collect back some more...

Posted by Bystander123 > 2018-04-24 10:50 | Report Abuse

bcause with ALCOM expand to niche property dev., there shd be need for more funds n cannot discount the option for corporate ex. like rights issue, etc whc is good news, as the shares need to be attractive for this to happen..

Bullhunter

1,194 posts

Posted by Bullhunter > 2018-04-24 11:51 | Report Abuse

Going into property would be a mistake for alcom. They don't have the expertise and competing with well established players and the property market is not good at this time. Long term holders going to suffer bigger loss.

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