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

Bullhunter

1,194 posts

Posted by Bullhunter > 2018-04-24 11:53 | Report Abuse

Already in just 2 days this lousy stock lost more than 10 percent. That show how weak the stock is and it's getting worse. you can

Bullhunter

1,194 posts

Posted by Bullhunter > 2018-04-24 11:55 | Report Abuse

You can hold for bigger loss or sell when price rise a bit for smaller profit. The choice is yours.

Posted by Bystander123 > 2018-04-24 11:59 | Report Abuse

@bullhunter, many people believe BURSA stks have operators. These savvy operators push down the stk when they want to collect and push up when they want to distribute. So, its good to be cautious when the stk , all of a sudden push up, may get caught at the high.
Safer to hunt when it correct and look for the support level to go in, maybe more success this way, just my view

Posted by Bystander123 > 2018-04-24 12:01 | Report Abuse

majority of holders here expect ALCOM will move above rm1 level like last yr, once Qtr results reveal in May, its your choice, if got funds, can consider to avg down below 80 sen level, lowest 70 sen.

Bullhunter

1,194 posts

Posted by Bullhunter > 2018-04-24 12:03 | Report Abuse

Good view, buy when the stock is down and sell when it shoots up.

Posted by Bystander123 > 2018-04-24 12:04 | Report Abuse

buy shares like a battle, must keep backup bullets, if caught , can call backup to escape n maybe win..

Posted by Bystander123 > 2018-04-24 13:42 | Report Abuse

ALCOM'S maiden rm500 million Industrial park project, was announced in Jan.2018 (9.4 acres land in Kota Damansara,already bgt for rm92 m)
property experts from SCLAND HOLDINGS BHD bgt 29.54% stake in ALCOM and they are heading the property project.
This is perceived as big boss Yeoh Jin Hoe's bold gamble to leapfrog ALCOM to a new higher level of growth .

http://www.theedgemarkets.com/article/lim-chee-khoon-made-alcom-md-after-emerging-substantial-shareholder
http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=84281&name=EA_GA_ATTACHMENTS


Bullhunter 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.
24/04/2018 11:51

Posted by Bystander123 > 2018-04-24 13:46 | Report Abuse

in fact, LBALUM is now following the same gameplan..As they say, imitation is the best form of flattery..to big boss, Yeoh Jin Hoe

singh1

1,008 posts

Posted by singh1 > 2018-04-24 20:18 | Report Abuse

I believe Chinese production of aluminum is getting scaled down as China is moving away from use of coal. Energy intensive production is going to countries that have large fuel resources. Malaysia with it's gas is great for producing aluminum. These moves by aluminum producing companies to venture into properties could be backed up by need to expand their own facilities.

Posted by Bystander123 > 2018-04-25 10:15 | Report Abuse

notice now ALCOM got ready buyers Q at 75.5-72 sens , n small lot selling to cause panic sell, but sellers hold firm, only 9 sellers, at 76 sen n above. looks like savvy investors collecting at this level, below 80 sen...buying opportunity now..

Bullhunter

1,194 posts

Posted by Bullhunter > 2018-04-25 15:38 | Report Abuse

down trend intact.

carilembu

1,249 posts

Posted by carilembu > 2018-04-25 15:41 | Report Abuse

Sampai 70 tak lama lagi... tambah rugi

Posted by Bystander123 > 2018-04-25 15:51 | Report Abuse

at 73.5 sen, ALCOM is selling at PE of 10.15 based on on a 9-mth earning of 7.24 sen for fin. yr 31st dec.2017.
based on conservative 10% growth, prospective eps of 10.6 sen for 2018, ALCOM is selling at PE of 6.9 !!
lelong price , strong buy opportunity...

Posted by Bystander123 > 2018-04-25 18:06 | Report Abuse

Pls note that drop in Aluminium metal price is GOOD for ALCOM, bcause ALCOM uses Aluminium as raw material (input cost) to produce finish products , eg coated finstock used in air-cond for export, etc.

Posted by Bystander123 > 2018-04-26 10:32 | Report Abuse

if bgt at 73-75 lows yesterday, now already make money, that's the way to play now a days, so dont fear a down market, for a good fundamental stk like ALCOM, its a buy opportunity !

Posted by Bystander123 > 2018-04-26 16:58 | Report Abuse

extract frm ALCOM's latest annual report, on RM500 m property project, slated for 2019 :

The property market continued its consolidation phase in 2017 and we expect this trend to be sustained in 2018.
EM Hub Sdn. Bhd., a wholly-owned subsidiary within the Group, would focus on developing a niche and in-demand
product to differentiate itself in the market. The proposed land to be acquired at Kota Damansara, Selangor will
be developed into an e-Commerce Hub with hybrid 3-in-1 space of showrooms, offices and storage to serve the
needs of the growing digital businesses. This unique development which is slated to commence in 2019 has a
gross development value of approximately RM500 million.

Posted by Bystander123 > 2018-04-26 17:00 | Report Abuse

can see savvy buyers eager to collect at 75 sen or less level but no response, all holding firm for a fair n higher price...

Posted by Bystander123 > 2018-04-26 17:02 | Report Abuse

if buyers still insist to be stingy, then let the market decide ALCOM's value when latest Qtr results to be revealed soon..haha

yuanlong57

1,528 posts

Posted by yuanlong57 > 2018-04-26 22:29 | Report Abuse

@Bystander123 Appreciate your commitment to the forum.

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

@yuanlong57 thks !

Posted by Bystander123 > 2018-04-27 09:08 | Report Abuse

its no secret , ALCOM only come alive at Qtr results announcements, current level is the most promising to collect, since the recent low is 70 sen..

ivan9511

3,854 posts

Posted by ivan9511 > 2018-04-27 14:57 | Report Abuse

As I said sure upppp
Just buy
This is strong

Posted by Bystander123 > 2018-04-27 16:27 | Report Abuse

@ivan9511 agree with you, i see ALCOM get stronger as AGM/EGM nears. heard that mar. Qtr results will be out in mid/end May.

Posted by Bystander123 > 2018-04-27 16:30 | Report Abuse

notice there are few buyers in morning sessions, n set low buy price below 75 sen. But in afternoon session, got more buyers, set higher price, up to 78.5 sen.
So, sellers, pls wait until afternoon session, to get a better price, v few willing to sell below 80 sen now..

Posted by Bystander123 > 2018-04-29 18:30 | Report Abuse

ALCOM explanatory note to shareholders, dated 26th April 2018 :

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5772485

Posted by Bystander123 > 2018-04-29 18:36 | Report Abuse

ALCOM's v. promising concept :

Proposed e-Commerce Hub with hybrid 3-in-1 space of showrooms, offices and storage to serve the needs of the growing digital businesses.
This unique development which is slated to commence in 2019 has a gross development value of approximately RM500 million.
This maiden foray into property, is targeted to generate profit of rm75 million, over a 5 year period.

ivan9511

3,854 posts

Posted by ivan9511 > 2018-04-29 18:41 | Report Abuse

As I said buy
Confirm up as too cheap

Posted by Bystander123 > 2018-04-30 16:53 | Report Abuse

Quiet accumulation at 78 sen level.. sellers stay united, to await the Mar. Qtr results, not interested unless bid is raised higher than 80 sen..Yes !!

Posted by Bystander123 > 2018-05-02 17:16 | Report Abuse

example of sudden rerating is TA, which is up 8.6% in 2 days aftr announcing dividend of 4.1 sen.
We can expect a similar case with ALCOM, when its Qtr results is out sometime in mid/end May, with possible +ve earnings surprise, and maybe even dividend !
So, lets hold firm,can see got good support at 78 sen level and buyers will get desparate soon..( their ploy to play cool backfire,.. hahaha !)

Posted by Bystander123 > 2018-05-07 16:49 | Report Abuse

notice, afternoon session got 335 lots Q at 76 sen,(morning session, 85 lots Q at 76), hoping to quietly collect from panic sellers ? real pro buyers, keep calm folks,..let the buyer panic buy not us sellers !

Posted by Bystander123 > 2018-05-07 16:51 | Report Abuse

market up or down after elections, is just a passing phase, then other factors come to play.

Posted by Cockroach Paul Lee > 2018-05-07 21:59 | Report Abuse

ok, i believe in u. hold Alcom until shares exchange to AGB.

Posted by Bystander123 > 2018-05-14 11:18 | Report Abuse

get ready, ALCOM should be flying soon..one of the few true blue small caps that is still sleeping..
Attention I3 smart investors !! hahaha...

Posted by Bystander123 > 2018-05-14 11:57 | Report Abuse

ALCOM is waking up ...!!!

Posted by Bystander123 > 2018-05-14 11:59 | Report Abuse

let's celebrate first day of BURSA , a new,vibrant,confident market that looks ahead for many good things to come...ALCOM,ALCOM,ALCOM boleh !!

yuanlong57

1,528 posts

Posted by yuanlong57 > 2018-05-14 22:35 | Report Abuse

Positive expectations remain intact for FBM Small Cap Index, says RHB Retail Research

http://www.theedgemarkets.com/article/positive-expectations-remain-intact-fbm-small-cap-index-says-rhb-retail-research#.Wvk7zxyF-gM.whatsapp

yuanlong57

1,528 posts

Posted by yuanlong57 > 2018-05-14 22:39 | Report Abuse

Market anxiety should diminish once cabinet line-up is unveiled
http://www.theborneopost.com/2018/05/14/market-anxiety-should-diminish-once-cabinet-line-up-is-unveiled/

Posted by Bystander123 > 2018-05-17 11:30 | Report Abuse

smart money still collecting quietly, just raise buy price little bit, kedekut punya orang !
by nxt week or latest 30/5, 1st Q results will be out, then we see how market rerate, hold firm folks !

yuanlong57

1,528 posts

Posted by yuanlong57 > 2018-05-18 10:25 | Report Abuse

Press Metal Aluminium Holdings Bhd’s net profit rose 4%, year-on-year, to RM192.56mil in the first quarter ended March 31, 2018, as higher aluminium prices boosted its revenue.

https://www.thestar.com.my/business/business-news/2018/05/18/press-metals-profit-boosted-by-higher-aluminium-prices/#cHAP8ivFv4O6zlm5.41

Posted by Bystander123 > 2018-05-18 16:36 | Report Abuse

ALCOM's past few Qtr results shown increase of more than 20%, hope it will sustain...

Posted by Bystander123 > 2018-05-18 16:59 | Report Abuse

observe clear signs that someone is keen to lead ALCOM price down with small lot selling, with the Qtr results out soon, wonder why ?

ajim102

63 posts

Posted by ajim102 > 2018-05-22 10:01 | Report Abuse

when will the Qtr report out?

Posted by Bystander123 > 2018-05-22 19:19 | Report Abuse

according to ALCOM website, by 30/5/18, soon

Posted by DarKLoRD888999 > 2018-05-30 17:44 | Report Abuse

GG

Posted by Bystander123 > 2018-05-30 22:02 | Report Abuse

ALCOM's 1st Qtr net profit dropped 95% compared to previous Qtr, although revenue was commendable at rm101 million.

The Group’s revenue declined marginally by RM2.33 million in Q1 FY2018 as compared to Q3
FP2017 resulting from a small drop in shipment volume. The coated fin and bare fin product
categories which were mainly destined for export markets registered higher shipment volumes
which were offset by lower volumes in the other product categories.
However, the strengthened ringgit vis-à-vis the USD currency impacted the revenue as
the export shipment volume increased by 4%.

The Group recorded a profit before tax of RM0.72 mllion; lower than the immediate preceding
quarter’s achievement of RM4.02 million.

This decline was mainly due to a lower contribution attained,increased provision for advertising & promotion and higher finished materials scrapped.
In addition, legal and professional fees was higher , which were incurred in the engagement of
professional services for the on-going corporate proposal of the Group.
These were partially offset by lower repairs and maintenance costs.

Contribution was lower due mainly in to a metal price lag impact and increased usage of external
rerolls to supplement in-house production capacity.

Metal price lag was a loss in Q1 FY2018 compared to a gain in Q3 FP2017.

In addition, the property segment expenses totaling
RM0.77 million were incurred in Q1 FY2018.
These were mainly related to promotional pre-development expenses and staff costs.

*metal price lag refers to timing differences experienced on the pass through of changing
aluminium prices based on the price we pay for aluminium and the price we charge our
customers after the aluminium is processed
.
B3. Commentary on Prospects
There is a global upswing of growth across the US and Eurozone as well as in the emerging markets.

However, any further escalation in trade conflict between China and US may create global
uncertainties and impact the Group, as a significant portion of the Group’s products are exported.

Against this geopolitical uncertainty, the Group is committed to remain resilient and sustain its performance by re-examining its product mix to improve margins in selected market segments whilst exploring and capturing new markets. At the same time, the continued operational focus will continue to be a priority for the Group.

Posted by Bystander123 > 2018-05-30 22:10 | Report Abuse

Ouch !! a big disappointment , in the results, although there were a lot of extra expenses lumped into this Qtr, , expenses incurred in the current reorg n setup of the property division.
So, next Qtr should revert to normal expected margins n more respectable net profit.
At closing price of rm0.75 and NTA of rm0.89 , the downside should be limited here.
Just have to be patient a bit longer for results to show n the new property segment to weigh in, prospects remain optimistic..

Posted by ivyong1966 > 2018-06-01 10:35 | Report Abuse

it's dropping further... buy?

yuanlong57

1,528 posts

Posted by yuanlong57 > 2018-06-01 10:42 | Report Abuse

ivyong1966
The Annual Report is out. Perhaps you read the Management Analysis and the financial report to make a well-informed decision. Every individual has different time horizons.

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