LB ALUMINIUM BHD

KLSE (MYR): LBALUM (9326)

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Last Price

0.495

Today's Change

-0.005 (1.00%)

Day's Change

0.49 - 0.50

Trading Volume

349,800


7 people like this.

5,085 comment(s). Last comment by Superb99 1 month ago

HuatAh88

89 posts

Posted by HuatAh88 > 2015-12-03 17:06 | Report Abuse

Still coming or has gone ?

steveooikp

4,689 posts

Posted by steveooikp > 2015-12-07 22:34 | Report Abuse

Coming wait

Posted by goInvest (Cut or Hold???) > 2015-12-09 09:19 | Report Abuse

when report out? any good result this time? any info can share?

leon1234

15 posts

Posted by leon1234 > 2015-12-16 13:03 | Report Abuse

Is this company buy aluminium as raw material to make finished goods? The global aluminium price drop should benefit this company as their cost reduce. Why their profit keep reduce ?

timl

322 posts

Posted by timl > 2015-12-22 15:13 | Report Abuse

if you are a company in which the profit depends on the price of the raw material, what will you do when the price of the raw material is at rock bottom? of course buy more of them and keep... that's why you have the article from foodie..

leon1234

15 posts

Posted by leon1234 > 2015-12-22 18:49 | Report Abuse

Buy more raw material at lower price, cost reduce. Then sell at good margin. Profit would increase.

leon1234

15 posts

Posted by leon1234 > 2015-12-22 18:58 | Report Abuse

Normally a company would buy more raw material when the price reduce, but finished goods price not affected by the raw material price. If u are planning to buy a aluminium door or gate for your house, would u think the door price would reduce because of raw material price?
The fact is the company profit margin would increase by raw material price down. LB Aluminium is the company benefit by the aluminium price down.

Newbhere

47 posts

Posted by Newbhere > 2015-12-24 23:34 | Report Abuse

Even if LME is going down... don't forget USD rate is going up. So overall, the margins will still be affected. Don't think it is in LBALUM's interest to keep stocks. They will need to extrude and sell the stocks a.s.a.p or else they will be affected badly from cashflow point of view. I also don't think they buy China aluminium billets. They definitely will buy those of higher quality.

DreamKaiser

1,249 posts

Posted by DreamKaiser > 2015-12-24 23:44 | Report Abuse

wolume smon

ahbeng77

1,322 posts

Posted by ahbeng77 > 2016-03-05 13:15 | Report Abuse

time to collect LBALUM..... :)

moniekj

1,037 posts

Posted by moniekj > 2016-03-07 13:41 | Report Abuse

Pmetal is the better option

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-03-14 12:44 | Report Abuse

Coming

ahbeng77

1,322 posts

Posted by ahbeng77 > 2016-03-14 14:39 | Report Abuse

it has been quiet for sometime, i believe is time to review this counter!

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-03-15 09:59 | Report Abuse

0.55

ahbeng77

1,322 posts

Posted by ahbeng77 > 2016-03-15 10:01 | Report Abuse

possible! and would announce for special dividend?

fiesta

91 posts

Posted by fiesta > 2016-03-15 14:32 | Report Abuse

The quarter financial report is coming out soon. Will it be good?

ahbeng77

1,322 posts

Posted by ahbeng77 > 2016-03-17 13:40 | Report Abuse

I think is quite positive.

ahbeng77

1,322 posts

Posted by ahbeng77 > 2016-03-19 09:48 | Report Abuse

LBALUM will be benefited from the RINGGIT's appreciation :)

Icon8888

18,658 posts

Posted by Icon8888 > 2016-03-25 18:17 | Report Abuse

Ya, strong result

I am writing

Hot.T

1,930 posts

Posted by Hot.T > 2016-03-25 18:33 | Report Abuse

Hi Icon (and others), your comments on the article below pls. TQ
I've posted the same on Pmetal thread.

http://www.theedgemarkets.com/my/article/china-aluminum-6-month-high-after-li-says-economy-stabilising

Icon8888

18,658 posts

Posted by Icon8888 > 2016-03-25 20:31 | Report Abuse

I am not sure what is the relationship between China price and the price shown in Index Mundi

Your article mentioned USD1,797 per MT while Index Mundi showed USD1,577 per MT. As my spreadsheet was all this while based on Index Mundi, I stick to the USD1,577 figure.

Sorry I have no comment on China price as I not familiar

========

Hot.T Hi Icon (and others), your comments on the article below pls. TQ
I've posted the same on Pmetal thread.

http://www.theedgemarkets.com/my/article/china-aluminum-6-month-high-after-li-says-economy-stabilising
25/03/2016 18:33

Hot.T

1,930 posts

Posted by Hot.T > 2016-03-25 20:38 | Report Abuse

No prob Icon. Prob non-asian mkts r closed for the hols. Hence china px r higher due to todays trxn. TQ anyway.

confuse

570 posts

Posted by confuse > 2016-03-27 10:43 | Report Abuse

Aluminium US 1,797.39 still benefit?
http://www.theedgemarkets.com/my/article/china-aluminum-6-month-high-after-li-says-economy-stabilising

(b) It seemed that the group will do exceptionally well when aluminium price was lower than RM6,000 per MT (yellow highlighted).
http://klse.i3investor.com/blogs/icon8888/90343.jsp

Posted by Investor899 > 2016-03-28 16:33 | Report Abuse

Buy in waiting huat lai

supermix2

1,069 posts

Posted by supermix2 > 2016-03-29 17:35 | Report Abuse

today profit taking from yesterday's gain for many kiasu & kiasi kakis.

Icon8888

18,658 posts

Posted by Icon8888 > 2016-04-14 10:41 | Report Abuse

Quiet quiet go up

Beneficiary of strong Ringgit as they import raw materials

james88n

115 posts

Posted by james88n > 2016-04-15 09:18 | Report Abuse

could be a great show today...already 0.59

Posted by Zhuge Liang > 2016-04-15 10:10 | Report Abuse

game over...

Posted by XDreamerII > 2016-04-15 18:07 | Report Abuse

Gravestone Doji

VenFx

14,784 posts

Posted by VenFx > 2016-04-22 10:16 | Report Abuse

Uptrending channel.

Posted by Lukesharewalker > 2016-04-22 11:13 | Report Abuse

Overbought. Distribution....

moniekj

1,037 posts

Posted by moniekj > 2016-04-24 17:43 | Report Abuse

Overbought? Distribution? Open your eye next week..

VenFx

14,784 posts

Posted by VenFx > 2016-04-24 17:58 | Report Abuse

Highly explosive .

stkong123

44 posts

Posted by stkong123 > 2016-04-25 09:04 | Report Abuse

this quiet stck has hidden legs... 50% undervalued ... possible M&A with A Rank (major shareholder and ex staff of LB Alum ) is selling out ... keep a close watch ya

Posted by amywong111888 > 2016-04-25 15:38 | Report Abuse

stkong123, what is the best entry $???

fiesta

91 posts

Posted by fiesta > 2016-05-03 23:40 | Report Abuse

Datuk Leow is a substantial shareholder of A-Rank Berhad after acquiring 27.74% stake in April 2016.
This will benefit Lbalum to have a sustaining supply of raw material with better pricing.

Posted by klsetechwiz > 2016-05-04 20:16 | Report Abuse

Arank buy, LBalum also buy.. 2 also buy.

sasword

1,167 posts

Posted by sasword > 2016-05-09 19:03 | Report Abuse

Lbalum died first...followed by arank. Pmetal died last.

fiesta

91 posts

Posted by fiesta > 2016-05-10 09:28 | Report Abuse

Can LBalum catch up with Arank ?

ugorrkim

200 posts

Posted by ugorrkim > 2016-05-10 11:53 | Report Abuse

LB aquire is get more benefit from Arank..

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2016-06-03 16:52 | Report Abuse

ckwan11d...

invite u to come TMCLIFE...... steady tortoise counter but take off next week.

Posted by Lukesharewalker > 2016-06-08 10:46 | Report Abuse

Breakout soon.....

Alex Chan

3,915 posts

Posted by Alex Chan > 2016-06-08 14:14 | Report Abuse

Yes. I think so too. Either tomorrow or Friday

Alex Chan

3,915 posts

Posted by Alex Chan > 2016-06-08 14:15 | Report Abuse

Should reach 70 and above with QR

Posted by Lukesharewalker > 2016-06-24 10:58 | Report Abuse

Rolling Qs 6.33 eps
PE 10 63
PE 12 75
PE 15 95

Annualised QR 8.8 eps
PE 10 88

Only way is up.
Plus 2 cents dividends

Posted by Lukesharewalker > 2016-06-28 11:21 | Report Abuse

Uptrend now

Alex Chan

3,915 posts

Posted by Alex Chan > 2016-06-29 10:24 | Report Abuse

Triple bottom. Strong. Should BREAKOUT of 59

Alex Chan

3,915 posts

Posted by Alex Chan > 2016-06-29 11:14 | Report Abuse

Momentum Stocks - 29 Jun 16
Stock Name: LBALUM (9326)
Entry: Buy above RM0.56
Target: RM0.605 (8.0%), RM0.655 (17.0%)
Stop: RM0.530 (-5.4%)
Technical: Sideways consolidation

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