Posted by Bystander123 > 2018-08-28 22:59 | Report Abuse

2nd Qtr turnover is maintain at commendable level of over rm100 m, but the PBT of rm1.74 m and net profit of rm356K, looks disappointing at first glance.
actually, this is due to the property division's incurred expense of rm1.85 m and interest on loans of almost rm1 m.
Without these 2 items, the PBT for the Qtr, would be in the region of rm4.5 million, on turnover of rm100m.
further, mgmt has indicated that they followed the strategy to maintain selling prices, instead of raising prices on the coated finstock, in view of stiff competition .
Better days will come once the property project get launched soon and if further increase in turnover can be achieved in the next Qtr.

Posted by carilembu > 2018-08-29 10:39 | Report Abuse

Bear in mind that the property project may incur more losses...

Posted by bahai4453 > 2018-08-30 10:43 | Report Abuse

keep going south and no dividend announced. very disappointed to the new grouping. not a good starting anyway !

Posted by carilembu > 2018-08-30 10:45 | Report Abuse

Good time for supporters to buy and get golden ticket to the golden palace although the promoter has hide himself and changed ID and will appear only when the price shoot up..

Posted by Bystander123 > 2018-08-30 13:16 | Report Abuse

the 1 million treasury shares sold at 71-72 sen level will be a strong support level, already at rock bottom, 20% disc from NTA, just need 'investment patience' while the mgmt work their butts out to launch the rm500m property project.

Posted by Bystander123 > 2018-08-30 13:35 | Report Abuse

noticed that last yr, ALCOM paid rm3.748m tax (28%) on PBT of rm13.403 m.
for 6 mth of 2018, ALCOM already paid tax of rm1.92 m (78%) on PBT of rm2.464 m.
this mgmt dont try to paint a rosy picture for 'lazy investors'.

Posted by jordanmaggie61 > 2018-08-30 14:46 | Report Abuse

Wow! earn more again! good stock, i have earned a lot to pay my bills.

Posted by ivyong1966 > 2018-09-05 10:37 | Report Abuse

Don't know if I did the right thing by not selling the shares when it was @0.79 cos it 0.72 now and not looking like it's going to go up anytime soon!

Posted by Lim Tek Wai > 2018-09-05 10:40 | Report Abuse

Nice ! Start taking profit, thanks.

Posted by ivyong1966 > 2018-09-07 16:26 | Report Abuse

Now, it's really gone down all time low ...

Posted by Bystander123 > 2018-09-07 19:51 | Report Abuse

only 20,000 shares done today, no worries, nta is 89 sen.
the big brother who bgt 1m treasury shares at 71 -72 sen is not worried, shd we ? still in accumulation phase until the rm500 m property project is launched.some things just take time.
can consider to buy if goes below 65 sen, for short-term trading,

Posted by Bullhunter > 2018-09-12 17:28 | Report Abuse

Nothing to worry. Buy on weakness and keep for few years.

Posted by ivyong1966 > 2018-09-13 12:58 | Report Abuse

Guess have to hold on for few years since it's gone down to 0.635 now and selling is not an option now

Posted by jordanmaggie61 > 2018-09-13 14:15 | Report Abuse

wah, suddenly fly because of no road block today. Profit everyday thanksss

Posted by carilembu > 2018-09-13 16:35 | Report Abuse

LIMBO ROCK. HOW LOW CAN YOU GO?

Posted by carilembu > 2018-09-14 12:40 | Report Abuse

so many hard core followers are still holding expired tickets to the golden palace and the great optimistic promoter has stopped talking about the imminent journey to the golden palace and changed his ID

Posted by Bystander123 > 2018-09-14 17:32 | Report Abuse

most of the 'hard core' followers could be longer term investors who are patient to see ALCOM's rm500 m property project bear fruit, the property sub. now owns a valuable asset, 9.4 acres of industrial land in Kota Damansara, bgt for rm92 m., the key to transformation of ALCOM into a high growth company , once the project is launched.

Posted by Bystander123 > 2018-09-16 12:46 | Report Abuse

'the stock market is a device for transferring money from the impatient to the patient'..

If mgmt is working their butts out to achieve the transformation blueprint and its on the way, just wait for the results, we will not be disappointed..(all of a sudden, this company 's revenue and profits will grow multifold and the stock price ?)

Posted by Tlpang68 > 2018-09-25 20:22 | Report Abuse

：。。。。。。。。。。

Posted by ivyong1966 > 2018-09-26 10:40 | Report Abuse

WOW!!!
This counter is really going down hill fast & furious ... :(

Posted by Bystander123 > 2018-09-26 11:40 | Report Abuse

pseudo-investors (6-9 mths timeframe) giving up & cut-loss while the long hands quietly accumulate, for year-end/post Nov. budget rally ?
win some, lose some, as long as your overall portfolio is +ve, each has his own time horizon/tolerance, haiz...

Posted by Bystander123 > 2018-09-26 11:45 | Report Abuse

noticed more buyers than sellers in Q for first time, are these pro-investors expecting a min. 100% gain within 6 mths timeframe , at this tempting price below 60 sen ?

Posted by carilembu > 2018-09-27 09:15 | Report Abuse

ALCOM 'S PROJECTED RM500 MILLION SALES - A GAME CHANGER ? (updated 17/1/18)

WOW! SO FAST BELOW 0.60. YET STILL DEFENDING LOW PRICE. NEXT WEEK 0,50?

Posted by Bystander123 > 2018-09-27 09:44 | Report Abuse

the big brother who bgt 1 m treasury shares at 71.5 sen, is not complaining, he is confidently , quietly, accumulating, real pro-investor! just like early 2016 before the sudden bloom , hihihi

Posted by Bystander123 > 2018-09-27 09:44 | Report Abuse

The best price is now !!

Posted by Bystander123 > 2018-09-27 11:08 | Report Abuse

The expected shakeout on the journey to the Golden Palace, just like early 2016, v pro n effective quiet, selldown, always worked ! Pseudo-investors will not make it, anyway, win some, lose some, its normal. The market does not pander to our prefered timing maa !

Posted by Bystander123 > 2018-09-27 18:57 | Report Abuse

hopefully, all pseudo-investors n those who want to sell, do so now...it will rebound when no more scarred holders, ..it can only drop to 50 sen if we let it,let the big boys play their games, will hold firm n top up as it goes down, who got more to lose ? hahaha..

Posted by carilembu > 2018-10-02 13:08 | Report Abuse

The golden palace promoter has brought so many hard core followers to the slaughter house. Now they ate looking at huge loss and this joker still keep promoting (probably also big loser if he had'nt sold) as price keep dropping! Wait another year...

Posted by Bystander123 > 2018-10-02 14:12 | Report Abuse

warning to pseudo-investors , pls sell now ! looks like no cash crop for harvest this time (3-4 mths timeframe pseudo-investors), the owners going for the big one,durians, hopefully, its musang king !, expected results another 6 mths, but for seasoned patient investors, the harvest will be bountiful..going forward ! Now is shakeout time..

Posted by Bystander123 > 2018-10-02 17:05 | Report Abuse

just sell and move on, win some lose some,its normal, the big boys here v. pro one, unless you can outwait them, hahaha...

Posted by Bystander123 > 2018-10-03 23:32 | Report Abuse

Aluminium rallies to 5-week high as Hydro shuts Brazil output
https://klse.i3investor.com/blogs/kianweiaritcles/176683.jsp

good news for ALCOM's bottomline ?

Posted by FreedomStrike > 2018-10-04 09:54 | Report Abuse

Any good news on ALCOM?

Posted by Idiot > 2018-10-04 11:51 | Report Abuse

Rallied when everyone is sleeping....

Posted by kalezen > 2018-10-04 11:52 | Report Abuse

any good news ? that coz the shot up

Posted by Fantastico > 2018-10-04 12:18 | Report Abuse

no good news, global aluminium supply tightening, many funds buying into this that's why. Same thing goes to PMetal, RM 1 incoming for ALCOM and RM 6 incoming for PMETAL

Posted by Tlpang68 > 2018-10-04 12:23 | Report Abuse

ALCOM
你回来了，

Posted by Bursa1575 > 2018-10-04 13:23 | Report Abuse

KUALA LUMPUR (Oct 4): Bursa Malaysia's aluminium-related counters such as Press Metal Aluminium Holdings Bhd and Alcom Group Bhd gained amid supply worries as closure of the world's largest alumina refinery run by Norsk Hydro in Brazil pushed aluminium prices up to their highest in about three months.

At Bursa Malaysia, Alcom gained six sen to 64 sen at 10:29am. At 10:45am, Press Metal rose 16 sen to RM5.12 among top gainers.

Reuters reported that Norsk Hydro said on Wednesday that it would halt production indefinitely and lay off 4,700 people at Brazil's Alunorte refinery, which has been operating at half capacity since March due to an environmental dispute.

It was reported that three-month aluminium on the London Metal Exchange was up 1% at US$2,228 a tonne by 0215 GMT, after earlier hitting US$2,246, the highest since June 15. The metal surged 4.2% overnight, its largest single-day gain since April.

Argonaut Securities analyst Helen Lau was quoted as saying the shutdown of the Alunorte plant "will worsen the global supply tightness as production resumption by refineries elsewhere will take time to fill the void".

"Therefore we expect alumina prices to rise further," Lau said.

Posted by kalezen > 2018-10-04 15:06 | Report Abuse

wow...rising even more after lunch ...Target Price how much?? any expert here

Posted by HITnRUN > 2018-10-04 15:49 | Report Abuse

Target price rm5

Posted by Bystander123 > 2018-10-04 16:21 | Report Abuse

Wow !! Durian runtuh !! Patience is rewarded handsomely, go, go,go ALCOM !!

Posted by iphone4 > 2018-10-04 16:33 | Report Abuse

Alcom is user of Aluminum metal . Shortage means it will hurt Alcom end product. How come u guys come to the conclusion it is a win win for Alcom.

Posted by Fantastico > 2018-10-04 16:34 | Report Abuse

Rm 1 target, coz of current aluminium in warehouse, coming QR should be good.

Posted by hoheho > 2018-10-04 16:43 | Report Abuse

QR should be good and looking forward to good divi hihi

Posted by kalezen > 2018-10-04 16:57 | Report Abuse

Not forgetting their upcoming property development project

Posted by singh1 > 2018-10-05 00:33 | Report Abuse

https://www.bnnbloomberg.ca/turmoil-looms-for-aluminum-again-as-key-plant-shuts-down-1.1146781

The shutdown is expected to last at least a year. Alumina shortage may cause further spike in prices. This could be just the beginning.

How much stock Alcom has??? He! He! He!

Posted by Kc Teh > 2018-10-05 09:22 | Report Abuse

morning hand fast got, hand slow gg

Posted by Fantastico > 2018-10-05 09:41 | Report Abuse

Rm1 next hand week hand slow also get

Posted by Fantastico > 2018-10-05 09:57 | Report Abuse

No need hand fast, next week rm1

Posted by sky66 > 2018-10-05 10:30 | Report Abuse

Now still in uptrending, perhaps will hit rm1 soon...

Posted by carilembu > 2018-10-05 10:52 | Report Abuse

no more steam