Posted by happyman > 2021-05-24 19:51 | Report Abuse

2.50 ....

Posted by erkongseng > 2021-05-25 05:36 | Report Abuse

Next to 7115

Posted by dompeilee > 2021-05-25 09:09 | Report Abuse

SOLD another 3 lots from 2.17 - 2.20

Posted by investorbat > 2021-05-25 09:45 | Report Abuse

cash 62mil,net cash company nta $4,flushing weak holders now,afternoon may break high

Posted by Invest_888 > 2021-05-25 10:47 | Report Abuse

Choobee is the highest earning steel stock so far, latest quartely financial report, EPS=20.93 cent with NTA=RM4.19. ANNJOO earning is much lower than Choobee.

Posted by dompeilee > 2021-05-25 11:03 | Report Abuse

That's why I hang on TIGHT to my remainder 10 lots =)

Posted by LossAversion > 2021-05-25 11:05 | Report Abuse

Choo Bee is less known and hidden in Perak. That's why the current price has yet to commensurate with its financial performance.

Posted by SinbaLion > 2021-05-25 12:41 | Report Abuse

hidden gem...last Q EPS= 8cent, this Q=21cent, say if coming 10cent EPS each for 2 Q, total 4 Q=49cent. With PE around 8, that's 3.9. Reasonable price to enter now.

Posted by TunDaim > 2021-05-25 14:48 | Report Abuse

agreed..good company to invest ..

Posted by moolala > 2021-05-25 14:51 | Report Abuse

Waiting for this CB to announce dividend

Posted by dompeilee > 2021-05-25 15:07 | Report Abuse

No dividend this year just like last yr...if can't afford 2 pick up, better RUNNNN first lor!

Posted by TunDaim > 2021-05-25 16:11 | Report Abuse

Congrats bros...

Posted by susuan > 2021-05-25 19:04 | Report Abuse

May reward us with dividend this year. AGM soon

Posted by SEE_Research > 2021-05-25 22:05 | Report Abuse

https://klse.i3investor.com/blogs/see_research/2021-05-25-story-h1565244021-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOWS_PART_ANOTHER_CHOO_BEE_MET.jsp

Posted by SEE_Research > 2021-05-26 00:15 | Report Abuse

AN IMPORTANT MESSAGE FOR May, June 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 is USD 2,305.00 per metric ton as at 24 May 2021
Historical high price now, as per May 2021 period ,
comparing to April 2020 ,then was USD 1,460.00 per metric ton

Recent good 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 ***
EPS : 7.50
*** = record


Recent good announcement by Alcom / 2674 on 25 May 2021
On the financial quarter with record revenue for this quarter RM 139,828,000.00 ***
Consistent profit -for this financial quarter RM 7,398,000.00
EPS : 5.51
*** = record

Amazing Earning per financial quarter = 7.50 + 5.51 + 5.51 + 5.51 = 24.03 cents, on the assumptions same for the coming quarters =24.03
Annualised per year 24.03 cents x 10 PER (price earning ratio )
Intrinsic value RM 2.40 less 30 % discount,
Final mid term target price RM 1.68




surge to limit up
For Alcom / 2674 --- 27 May 2021 / Thursday = RM 1.19 ( RM 0.30 )

Another metal stock similar in the making like Choo Bee Metal Industries Bhd., /5797 as per recent good financial announcement
21 May 2021 --

surge to limit up
Choo Bee / 5797 on 21 May 2021 = RM 1.64 (closed)
Choo Bee /5797 on 24 May 2021 = RM 2.13 ( closed - limit up +30 % = + RM 0.49 )

Posted by sugarbest > 2021-05-26 00:20 | Report Abuse

LU Thursday?

Posted by skyjet > 2021-05-26 21:27 | Report Abuse

SSTEEL and CSCSTEL just announce very good quarter result. Tomorrow all steel stock big up.
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5665
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5094

Posted by sugarbest > 2021-05-26 21:29 | Report Abuse

gap up tomorrow??

Posted by investorbat > 2021-05-26 21:36 | Report Abuse

Agm going to approve 3sen dividend ma

Posted by SEE_Research > 2021-05-26 23:06 | Report Abuse

Choo Bee /5797

Mid term target price RM 3.38 to RM 3.60


=========================================================================


Commodities hit a home run amid worsening pandemic
Supriya Surendran
/
The Edge Malaysia

May 17, 2021 14:00 pm +08



This article first appeared in Capital, The Edge Malaysia Weekly, on May 10, 2021 - May 16, 2021.
Commodities hit a home run amid worsening pandemic
-A+A

WITH many countries grappling with the worsening pandemic as the number of Covid-19 cases continues to climb across the globe, a commodity boom has emerged amid the chaos.

The reasons for this rally, says OCBC Bank’s economist Howie Lee, are disruptions in the supply chains worldwide as well as pent-up demand for some of the commodities.


How long will this boom last?
Given the upturn in commodity prices, which started in the second half of last year, OCBC’s Lee thinks there are another two to three years left for the commodity rally to run. “Some commodities are likely to have a longer shelf life in this supercycle, especially those supported by the ongoing green theme, for example, copper and aluminium,” he says.

Saxo Bank's Hansen says the main factors driving a commodity supercycle would be economic growth, speculation, supply bottlenecks and adverse weather developments.

“The sector most exposed to a

supercycle is metals and it potentially last more than five years,



There is a recent report by the main media ,
The Star , 22 May 2021 , (Saturday ) -- page 2 of the Starbizweek
with the relevant caption
" Steel steals the limelight . Prices will continue to be supported by global economic recovery. "
In the long term though , steel prices should be sustainably higher versus the past few years and be sustainable through to 2022 and 2023 , as China aims for carbon emissions peak by 2025 - opined by
Ng Jun Sheng ,
Head of Retail Research ,
Hong Leong Investment Bank.


example

The steel stocks , CSC Steel Holdings Bhd., Hiap Teck Venture Bhd., Ann Joo Resources Bhd., Lion Industries Corp Bhd., Mycron Steel Bhd., U - Li Corp. Bhd., Malaysia Steel Works (KL ) Bhd., / Masteel ; had seen the downwards correction .
The aluminium stocks - Press Metal Aluminium Holdings Bhd., L B Aluminium Bhd., PA Resources Bhd., and Alcom Group Bhd.,
have seen steep drops after the first week of May 2021 ,
falling 11 % to 33 % within a two - week period as of 20 May 2021.

Posted by SEE_Research > 2021-05-26 23:21 | Report Abuse

https://klse.i3investor.com/blogs/see_research/2021-05-26-story-h1565269936-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOWS_PART_ANOTHER_CHOO_BEE_MET.jsp

Posted by SEE_Research > 2021-05-27 19:15 | Report Abuse

Xxxting u guys still holding? any tp
18/05/2021 5:27 PM
========================================================================
TO : stockraider BUY LAH!
23/05/2021 12:01 PM
========================================================================
TO : SinbaLion
hidden gem...last Q EPS= 8cent, this Q=21cent, say if coming 10cent EPS each for 2 Q, total 4 Q=49cent. With PE around 8, that's 3.9. Reasonable price to enter now.
25/05/2021 12:41 PM
===========================================================================
SEE_Research

Choo Bee /5797, agreed with you all , very good potential for uptrends in prices

Mid term target price RM 3.38 to RM 3.60

Posted by investorbat > 2021-05-28 10:37 | Report Abuse

today's volume good,test 2.22 again if break above,all the way to 2.5

Posted by Invest_888 > 2021-05-28 11:14 | Report Abuse

Khairy: Malaysia to get nearly 16 million more doses of Covid-19 vaccines by July; to give 150,000 jabs a day from June

16 million more doses of Covid-19 vaccines by July

https://www.theedgemarkets.com/article/khairy-malaysia-get-nearly-16-m...


Glove stocks will fall definitely, glove buyers will move their money to steel/aluminum/copper/gold stocks, especially the one with very good profit.

Posted by wallstreetrookie > 2021-05-31 06:04 | Report Abuse

There is little convincing evidence to support the deeply held belief among economists that expectations themselves can fuel inflation. Workers demanding bigger pay increases in anticipation of inflation can indeed make it worse, but there needs to be some initial trigger, such as the 1970s oil shock or sharp currency depreciations. Even unusually rapid economic recoveries like today’s don’t typically qualify.

Investors who truly fear such worst-case scenarios may still want inflation hedges. For the rest, they are becoming a pricey insurance policy.

Posted by Invest_888 > 2021-05-31 08:40 | Report Abuse

https://www.investing.com/commodities/ncdex-steel-futures

steel prices rebounce.

FMCO allows construction to continue. Steel stocks with record earning can handle this FMCO, share prices won't drop significantly.

Posted by SinbaLion > 2021-05-31 17:00 | Report Abuse

collecting again~~ haha

Posted by investorbat > 2021-06-02 10:59 | Report Abuse

test 2.22 again

Posted by SinbaLion > 2021-06-02 11:10 | Report Abuse

yup~~ testing 222...luckily collected.... fly me to the moon~

Posted by dompeilee > 2021-06-02 11:41 | Report Abuse

Rewarded for hanging on gamely to my LAST 10 lots =)

Posted by sten_still > 2021-06-02 16:32 | Report Abuse

i wish i could buy more lot from last month :)

Posted by susuan > 2021-06-02 17:20 | Report Abuse

Great closing price

Posted by investorbat > 2021-06-03 09:31 | Report Abuse

break 2.25 then 2.28,but volume not promising

Posted by investorbat > 2021-06-03 10:02 | Report Abuse

volume starts to come out,all the way to 2.5,good if lu again

Posted by SinbaLion > 2021-06-03 10:04 | Report Abuse

break 240!

Posted by clouud1234 > 2021-06-03 10:09 | Report Abuse

Newest target2.69

Posted by clouud1234 > 2021-06-03 10:09 | Report Abuse

I mean short term target

Posted by clouud1234 > 2021-06-03 10:11 | Report Abuse

According to fibonacci extension

Posted by investorbat > 2021-06-03 10:13 | Report Abuse

above 2.69,see u at 3

Posted by clouud1234 > 2021-06-03 10:17 | Report Abuse

Tp1 2.685 tp2 2.89 tp3 2.975 tp4 3.065 tp53.155 tp6 3.44 good luck

Posted by clouud1234 > 2021-06-03 10:35 | Report Abuse

This target is short and mid term

Posted by ahbah > 2021-06-03 10:37 | Report Abuse

A GOOD stock ?

Posted by Pang > 2021-06-03 10:41 | Report Abuse

Dividend 3 cents for Y/E 31/12/20

Posted by susuan > 2021-06-03 13:45 | Report Abuse

Pang, when was dividend declared??

Posted by dompeilee > 2021-06-03 20:18 | Report Abuse

Finally! a DIVIDEND after so long...the only year they didn't pay was last yr...I came very close to disposing my last 10 lots because I was abt 2 give up on a div

Posted by dompeilee > 2021-06-03 20:21 | Report Abuse

2day hi $2.54=$3.05 old shr price.Back almost 2 '97 highs already...

Posted by Invest_888 > 2021-06-03 23:08 | Report Abuse

In term of share price,Choobee will take over Annjoo as King of steel tomorrow.
Choobee is the highest earning steel stock so far, latest quartely financial report, EPS=20.93 cent with NTA=RM4.19. ANNJOO earning is much lower than Choobee. Annjoo NTA=RM2.19

3 cent dividend on 3Jul21 will come first. Some more dividend will come as well later.

Posted by clouud1234 > 2021-06-10 12:36 | Report Abuse

Choobee break above triangle Hope the price will go upward soon.

Posted by Invest_888 > 2021-06-11 10:54 | Report Abuse

With the highest reserve of RM417 million among steel stocks, Choobee should issue share bonus.

Posted by Invest_888 > 2021-06-12 12:23 | Report Abuse

Choobee is set to fly high due to its accumulation is the highest since year 2017.