Obvious accumulation began on 8 March 2021, follow by recent higher trade volume. Aluminum usage is getting higher and higher mainly due to reduce in fuel consumption, go GREEN & saving money.
Major shareholder disposed their shares (not 100 % sold. They still holding some ), because Alcom shares is too little., so they sold to the operator more shares at the same time made some profit out of it. When the operator got more shares they can fool around with retailers like you and me........hahahaha. Just my guessing. No offend.
To : Invest_888 Alcom starts to move up today. 10/03/2021 4:01 PM
============================================= Good to hear from you, Invest _888 That you noted on the positive trend of the aluminum, this particular type of metal, on its usages are very versatile with numerous types of usages, example on building structures, facades, claddings, Projects References : 1. Petronas Twin Towers 2. Storage tanks of Dialog Group Berhad, the storage tanks built in Penerang Deep Water Terminal, (PDT) in Johor, this particular area is spread over 1,200 acres, a regional hub for the oil, gas, and petrochemical industries. It is hugh in area size, the biggest in Johor. 3. Kuching iconic Golden Bridge in Sarawak 4. Sarawak Museum - Roofing structural design in Sarawak. 5. MRT Stations Building Structures in Kuala Lumpur Selangor 6. AEON Building Facades, claddings.
=========================================
Main customers using Alcom aluminum products for their daily usages in their manufacturing, production activities
A. Daikin, York, Acson air-conditioned units, (cooling coils) B. Food packing foils, Nestle products, Milo tin foils, Milo soft packs - aluminum foils, Snack foods foils C. Lifts, walkway units, on the aluminum facades D. Shopping malls facades, buildings structures.
E. New motor cars, buses, of electric vehicles This will be the most important part of aluminum usages when the coming two years of China, US are focusing on the electric vehicles, Now European countries, Germany, Spain, Portugal, UK, South America countries, Brazil, Argentina, even Indonesia are changing their mode of vehicles, buses from petrochemical vehicles to electric vehicles. These electric vehicles are the disruptive technology, in which the progressive adoption will be used sooner, than other thought.
Who can imagine the payment of normal of purchases in the shops in China, need to pay thru Wechat application tools, Example in China, when a customer takes a ride, he /she needs to pay thru Wechat. Wechat is a Chinese social media, payment and messaging app, developed and designed by Tencent. Now, as at third quarter of 2020, the users of Wechat are in the region of 1.2 billion monthly active users.
The old China of 1999, before the new beginning of 2000 has taken hugh progress in economic sectors by leap and bound. Who will begin to understand that the previous car vehicles tyres of China, not in top 10 brands in the world which are nominated by US, Japan, South Korea brands (Goodyear, Dunlop, Bridgestone, Yokohama, Hankook, Kumho), suddenly Westlake can run inside the top 10 brands for car vehicles in terms of volume thru put, productions. The "disruptive" technology is really difficult to understand, similar like Uber, Grab in which a local company, Grab, initial a very small start up, USD 25,000.00, by Anthony Tan (from Tan Chong family) + Tan Hooi Ling (a forward thinking young lady), in 2012, Now, the valuation of Grab is mind blowing of over USD 10 billions Grab bought over Uber, the rest fall in places .
============================================ Remarks In short, the aluminum products, have extra ordinary usages into electric vehicles productions.
When you are buying into Alcom investments, you are buying into the coming years of aluminum usages, extensively.
Alcom /2674, now is cheap in valuation at RM 0.725-RM 0.75, can you believe that in short term the prices can exceed RM 1.00, then on the way to mid term . Target Price RM 1.50
Alcom /2674 ================================================== In the aluminum industry, the big brother and the King of aluminum business is (i) King - Press Metal /8869 (ii) Queen - PMB Technology /7172
============================================== A lot of the same industry players, have mentioned that there is a close possibility of " merger and acquisition" exercise, for the Press Metal Aluminum Holdings Berhad / 8869
Main shareholders are the Koon Brothers (a) Tan Sri Dato Paul Koon Poh Keong (b) Koon Poh Ming heads the PMB Technology Berhad /7172
Are eyeing for strategic assets in regards to add value to the Press Metal Group, one of the likely candidates, will it be Alcom /2674?
To : Invest_888 Price goes up fast. Be careful, can consider setting stop limit and not chasing up and buying too much. 25/03/2021 10:20 AM
==============================================
It is commendable to hear your " caring" attitude for the investors, sincerely
There is more than one stock with good uptrend in prices, for our better understanding, just to highlight one stock, in this particular upwards mode ____
This particular stock ___ (i) 7 January 2021, closing RM 0.66
(ii) 5 March 2021, Closing RM 1.65
(iii) 2 days of correction 9 March 2021, Closing RM 1.58 Low RM 1.33 High RM 1.58
(i v) 24 March 2021 Closing RM 2.53
From 7 January 2021 to 24 March 2021 Total : 52 trading days, translating a hugh gain RM 1.87
===========================================
Remarks Sincerely, believe that Alcom /2674 can have more upwards thrust to reach RM 1.00 with correction, Mid term - Target Price RM 1.50
When there is correction, it will be good to consider on the investment, sincerely.
I do believe this stock should be in the range of 70-80cents. Mainly bcs of latest quarterly result was so good(first positive earning result) and still need to wait for next good quarterly result to convince its value that could be RM1.00 or above.
To : yongyong88 WALAO! THOSE WHO LISTEN TO SEE RESEARCH AND BUY BIG SURE SI LIAO NOW! aT LEAST 30% LOSS AND STILL COUNTING! SC already warn of half baked analysts in the forum! 02/03/2021 3:41 PM =============================================
For your kind information, those intented investors of Alcom /2674, who may be hesitant to make some buying decisions,, may missed this opportunity, now 11.30am, 9 April 2021, Friday
The price is RM 0.86, definitely on the uptrend as predicted on the way to visit (i) Short term: Target Price RM 1.00 (ii) Mid term: Target Price RM 1.50 ===========================================
Remarks Those investors who have been showing the belief on Alcom /2674 will be undoubtedly be well rewarded richly.
To :liewkamchong888 bought some early morning now got handsome profit after reading See research and tips from a friend 09/04/2021 1:47 PM =============================================
Very good to hear from you, that your recent investment in Alcom /2674, This stock has positive momentum and will reach the (i) Short term : Target price RM 1.00 (ii) Mid term : Target price RM 1.50
1 THE TWIN BUSINESSES FOR PRESS METAL ALUMINIUM HOLDINGS BHD/8869
& ALCOM GROUP BERHAD /2674
1.2 For your understanding , in KLSE ,
(i) the KING of the aluminium business is Press Metal Berhad / 8869
(ii) the QUEEN of the aluminium business is PMB Technology Berhad / 7172
and the followers ,
one of them is
(iii) Alcom Group Berhad / 2674
1.3 Some of my KLSE investors who are well known in the corporate community ask direct questions:
Question Number 1
ANSWER
Are there more than two or three listed companies in KLSE that manufacture and supply
aluminium inter related products
YES
Question Number 2
ANSWER
Is there a listed company in KLSE that manufactured aluminium inter related products with good financial quarter that is just reported in this week ,from 22 Feb 2021 onwards
YES
Question Number 3
ANSWER
Please disclose and reveal the name of this company listed in KLSE?
Stock traders, short term investors are always on the lookout for ways to improve their trading methods.
There are 1,400 counters in KLSE (including all types of warrants) to choose from ;
when analysing these 1400 counters and the market in general… but what should you be using,
AN IMPORTANT MESSAGE FOR MARCH 2021
Thanks to the rare convergence of these 2 important catalyst factors of this particular stock,
the clock is ticking down for you.
ALCOM GROUP BERHAD / 2674 has these 2 important catalyst factors, namely
ALCOM manufacture, supply :
Aluminium interrelated products Aluminium commodity price is USD 2,156.25 per metric ton as at 21 Feb 2021 . Aluminium commodity price USD 2,667.00 per metric ton as per 19 March 2021 Historical high price now, comparing to April 2020 ,then was USD 1,460.00 per metric ton Recent announcement by Alcom / 2674 on 23 Feb 2021 On the financial quarter with revenue RM 109,633,000.00 Record profit -for this financial quarter RM 10,074,000.00 Amazing Earning per financial quarter = 7.50 cents, on the assumptions same for the coming quarters = 7.50 x 4 Annualised per year 30 cents x 10 PER (price earning ratio ) Intrinsic value RM 3.00, less 50 % discount, Final short term target price RM 1.50
========================================================================================================================= Closing for 19 March 2021 . Press Metal / 8869, PMB Technology/ 7172 alreadly the prices rose up to record high for March 2021 , except Alcom / 2674 . Press Metal /8869 = RM9.82 / RM10.42 all time high = 15 March 2021 . PMB Technology /7172 = RM 6.00/ RM6.28 all time high =15 March 2021
... Alcom/ 2674 , closing price is RM 0.69/ 19 March 2021, is just a mearge in price ,lowly deficient in the stock prices of the commodity of aluminium on the rising trends , and on its demand and supply of the aluminium, will not be too surprised that Alcom / 2674 will not hesitate from 22 March 2021 onwards to adjust upwards in line with the strength of the stock prices of main leaders in the same industry - aluminium.
Chapter 2 Aluminium company of Malaysia Berhad /2674
If you do not own it now, you may regret and kick yourself in 2021.
We are talking about this stock, Alcom /2674 that can help you in HUGH gains
for March/ April 2021 with potential target price RM1.50
To : yongyong88 Thanks SEE RESEARCH for recommending alcom. Hope those who follow his recommendation gain some profit. I was wrong ... 13/04/2021 8:59 AM ============================================== A. Many thanks for your positive response, even we can make a wrong call, later we realize such a wrong call, we have to stand up and acknowledge that error without bad intentions, fully understand and accept, with open heart, such a gracious attitude. Perhaps some of the investors who can wait in the mid term Target Price RM 1.50.
Another stock is Eita /5208 Eita Warrant A/WA 5208-WA
Now -11.45am, 13 April 2021, Can consider to buy (i) Eita - - - RM 0.93 (ii) Eita WA - RM 0.405
Target Price (i) RM 1.11 (ii) RM 0.54
Remarks A. Good fundamentals quarter report B. Technical chart Now - 13 April 2021, in the process of breaking away from consolidation phase, into slightly uptrend mode.
For those investors who can wait for the mid term - - Target Price RM 1.50, will not be surprise, a new beginng from RM 1.00 onwards to the next target price RM 1.50 with new waves of strong buying orders.
To : yongyong88 ===========================================
A. Specially appreciate your good attitude in acknowledgement of your wrong call.
Special highlight to you B. Pls seriously consider to purchase some Eita WA, will be able to reach on the short term Target Price RM 0.54. Margin of safety = 75%
Technical chart As prices are out of consolidation mode, with slight positive uptrend.
To : Mikecyc, Await your response, do not keep quiet and hide under the hole. 14/04/2021 10:57 AM
============================================
1. When a person makes an error, just be a man, at least a gentleman, admits on his/ her own error, apologize and can move on.
========================================== Remarks After all, at least you are not a politician, turning here and turning there, finally jump here and there - - just like frogs from the not so far away land, from North Borneo, or rather nearby in our land.
Can learn to follow and really, many look up to " yongyong88" for his immediate acknowledgement on his error, we are human, including myself also made numerous errors in my life. Also, after discovering the truth, not shy to admit, with conclusive evidence, and repent, by not doing repeatedly again.
It is definitely not correct, to hide in the small hole and pretend to be innocent, completely.
======================== Remarks (i) it is definitely on uptrend mode to mid term Target Price RM 1.50
(ii) immediate resistance RM 1.11 is broken
(ii) current, this morning resistance RM 1.16
(iii) when 5.00pm, 14 April 2021 Can closed above RM 1.16, definitely can move to desired target price, mid term RM 1.50., with new strong buying orders.
To : Mikecyc, Await your response, do not keep quiet and hide under the hole. 14/04/2021 10:57 AM
===========================================
Since from the early part of the morning, 10.57 am, 14 April 2021,
The Mikecyc had been hiding under the small hole, or rather trapped inside the black hole, as being magnanimous and open heart, we shall leave as it. No point, forcing someone who cannot admit some errors on him/ her.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Invest_888
1,069 posts
Posted by Invest_888 > 2021-03-10 16:01 | Report Abuse
Alcom starts to move up today.