Posted by Equityengineer > 2017-03-28 12:46 | Report Abuse

The finished good product price will be higher when raw material price increase and once manufactured to value added product it will be marked higher. The problem is only when aluminum price is dropping.

In commodities processing business the profit moves in tandem with commodity price . Only the business that use those raw material to manufacture the other value added product would be affected like car manufacturer.

Posted by Jingweihan > 2017-03-28 16:16 | Report Abuse

Buy....

Posted by limlw > 2017-03-28 16:31 | Report Abuse

IS this company supplier for MRT developer?

Posted by Equityengineer > 2017-03-28 16:35 | Report Abuse

Since they are downstream player should have supply to MRT ...

Posted by Olga > 2017-03-28 19:03 | Report Abuse

Olga the qoq not yet out.. sob sob..
24/03/2017 22:41

Posted by Equityengineer > 2017-03-28 22:18 | Report Abuse

Maybe wait till they accumulate enough, cause after the QR out, it will fly.

Posted by Equityengineer > 2017-03-28 22:54 | Report Abuse

Inventories are stated at the lower of cost and net realisable value. The cost of raw materials is determined on the weighted average basis and comprises the purchase price and incidentals incurred in bringing the raw materials to their present location and condition.
Cost of nished goods and work-in-progress is determined using the weighted average basis, which approximates the actual cost and includes the cost of materials, labour and an appropriate proportion of production overheads.
Net realisable value represents the estimated selling price less the estimated costs necessary to make the sale.

Posted by Jingweihan > 2017-03-29 08:51 | Report Abuse

Keep buying

Posted by papaya > 2017-03-29 11:06 | Report Abuse

People keep throwing ...something wrong??

Posted by hinata > 2017-03-29 11:57 | Report Abuse

No worry. Just collect. Good news coming

Posted by Equityengineer > 2017-03-29 12:10 | Report Abuse

Maybe delay so that some people can accumulate enough ... we can only stay optimistic

Posted by LA777 > 2017-03-29 13:27 | Report Abuse

Always no power....

Posted by ugorrkim > 2017-03-29 13:39 | Report Abuse

I think results soso oni,,

Posted by ewawa > 2017-03-29 15:06 | Report Abuse

Let's wait n see la...I holding tight tight..hihi

Posted by Olga > 2017-03-29 15:29 | Report Abuse

Bought 0.725

Posted by ewawa > 2017-03-29 15:35 | Report Abuse

I.waiting at 0.725also...see can get some offer price anot...

Posted by Yipman > 2017-03-29 16:20 | Report Abuse

QR out later. Good news.

Posted by papaya > 2017-03-29 16:21 | Report Abuse

keep on dumping....erhmms

Posted by Olga > 2017-03-29 16:35 | Report Abuse

mayb later qoq not yet out

Posted by Olga > 2017-03-29 16:35 | Report Abuse

kekeke

Posted by Equityengineer > 2017-03-29 17:32 | Report Abuse

Buy already , so just hold .. market a bit depressed today

Posted by Olga > 2017-03-29 18:13 | Report Abuse

arank qoq out.. zzz.. arank didnt outperform.. lbalum ??

Posted by Equityengineer > 2017-03-29 19:31 | Report Abuse

Can see tomorrow only, if Arank moves up.. It is decent result for Arank,, i still hope LB would post better result than last Q.

Posted by ewawa > 2017-03-29 19:37 | Report Abuse

Nth to worry...arank and lba is different company...

Posted by ewawa > 2017-03-29 19:38 | Report Abuse

Arank doesnt outperform because they pay almost double tax this quarter...wonder y..

Posted by cooling > 2017-03-29 20:32 | Report Abuse

don't worry...read the QR carefully...arank supplied billets double to lbalum compared to previous quarter.......lbalum profit shld double this round

this is because arank is an upstream player while lbalum is a downstream player...

arank profit is affected by high taxation.....so don't be confused....just close your eyes and buy on weakness...

Posted by cooling > 2017-03-29 20:34 | Report Abuse

read this....lbalum enjoy special rate from arank.....you will understand better

http://www.theedgemarkets.com/en/node/266247

Posted by cooling > 2017-03-29 20:41 | Report Abuse

ewawa...u go compare arank results for this quarter and the last quarter...they supplied nearly triple amount to lbalum...means lbalum sales is high.....

upstream means raw aluminum.....downstream means end product from aluminium..

Posted by cooling > 2017-03-29 21:00 | Report Abuse

it is like oil.....digging oil like skpetro are upstream...processing raw crude oil....while downstream are like petronm..selling petrol...look at petronm now....

Posted by ewawa > 2017-03-29 21:07 | Report Abuse

Cooling...Thks for your information...I get it dy...

Posted by cooling > 2017-03-29 21:16 | Report Abuse

now is good price to sapu...since now you got an insight that their sales has doubled....the TP remains at 1.00 based on the current pe, eps and nta

Posted by papaya > 2017-03-29 21:38 | Report Abuse

lbalum.....save the best for the last.....kikikih

Posted by Yipman > 2017-03-29 21:51 | Report Abuse

@cooling, excellent observation! i have missed out this point. Thank you for the sharing. LBALUM should maintain growth with this evidence.

Posted by Equityengineer > 2017-03-29 21:58 | Report Abuse

Yes, LBAlum is downstream player, not worried about the sales revenue. It will be above average. The stock price is still undervalued, basically by beating last Q report, the PE should be re-rated.

Posted by cooling > 2017-03-29 22:04 | Report Abuse

this is only the beginning...as they have streamlined the operations just last year...more to come...

Posted by cooling > 2017-03-29 22:10 | Report Abuse

what you should be interested in on arank quarter report is section A14 Related party transactions, and you already can predict lbalum outstanding profit

Posted by Jingweihan > 2017-03-29 22:11 | Report Abuse

@cooling, good info.

Posted by Glaceau > 2017-03-29 22:23 | Report Abuse

'Will not be assessed securities charges'. Check this out my fellow comrades

http://aluminiuminsider.com/australian-government-revises-dumping-margin-aluminium-extrusions-malaysia-vietnam/

Posted by cipapo > 2017-03-29 22:31 | Report Abuse

this is even more good news glaceau!

Posted by Equityengineer > 2017-03-29 22:31 | Report Abuse

Good information, so we know now LB export to australia too and the coming Q on July would even be profitable.

Posted by Glaceau > 2017-03-29 22:43 | Report Abuse

Let's hold tight my friends!

Posted by BonZema72 > 2017-03-30 06:44 | Report Abuse

Wow.. @cooling & Glaceau, thanks for your information! Appreciate!

Posted by cipapo > 2017-03-30 07:16 | Report Abuse

last chance to board the train today...hahaha

Posted by hinata > 2017-03-30 07:20 | Report Abuse

Time to load up more

Posted by Glaceau > 2017-03-30 07:48 | Report Abuse

let's earn together

Posted by cooling > 2017-03-30 08:13 | Report Abuse

alot of ppl looking at pmetal but they have forgotten on lbalum...which is selling at a discount now...

Posted by Equityengineer > 2017-03-30 08:35 | Report Abuse

But Pmetal capacity is huge and they have smelting ...that is why interest are there.. hope it will be r cord profit for LB.

Posted by Glaceau > 2017-03-30 08:52 | Report Abuse

Pmetal has factory in China which is currently undergoing a process to curb it's air pollution by limiting the operation of the factories.

Posted by Jingweihan > 2017-03-30 09:24 | Report Abuse

0.72 in again.

Posted by zoomsbooms > 2017-03-30 10:12 | Report Abuse

arank going down 7sen and impacted lbalum a bit..but the volume doesn't seems big..a trader a throwing maybe..