A good company with stable and strong fundamental awaiting to be discovered. Among the aluminium company brotherhood, A-rank is the most undervalued aluminium company with lowest p/e of 7.6 and eps of 14. Besides, A-rank is having a good management team under Mr.Tan Wan Lay who has over 20 years of experience in aluminium industry, moreover he joined LBalum(1986) and Pmetal(1993) before A-rank is established in 1998. Under the good management team, they are able to achieve stable annual net profit rose for 6 consecutive years despite increasing in natural gas prices and cost of goods. There are numerous huge budget construction subbed by government this year including KL-Singapore(HSR), MRT2, LRT3 and East Coast Rail Link(ECRL). The future of metal and aluminium industry is promising. Pmetal and ALcom already exceed 15 p/e but A-rank? 7? What? Once the volume entered and A-rank is rerated, how much will A-rank's stock price goes at p/e 10? I'll leave this question to you guys.
lba and arank is on my stock pick for 2017..i pick it because of low PE..they rise..but not as fast as other aluminium counter.. qr before is improving but still the price won't go up far..and of course i think coming qr is better.. but one thing i think can expedite its value is to give dividend to shareholder..
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....
Raul
255 posts
Posted by Raul > 2017-04-28 10:11 | Report Abuse
Finally move:')