LB ALUMINIUM BHD

KLSE (MYR): LBALUM (9326)

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Last Price

0.51

Today's Change

+0.005 (0.99%)

Day's Change

0.505 - 0.515

Trading Volume

229,100


7 people like this.

5,085 comment(s). Last comment by Superb99 2 months ago

isaac225

371 posts

Posted by isaac225 > 2017-08-16 12:56 | Report Abuse

later volume is coming..

Posted by Vivoforever > 2017-08-16 13:37 | Report Abuse

Adakah ini masanya?

Ahead1268

768 posts

Posted by Ahead1268 > 2017-08-16 19:05 | Report Abuse

This counter no market maker that is only problem

Posted by Vivoforever > 2017-08-17 11:26 | Report Abuse

Clim slowly

yuanlong57

1,528 posts

Posted by yuanlong57 > 2017-08-17 22:48 | Report Abuse

OTHERS LB ALUMINIUM BERHAD ("LBALUM" or "the Company") - PROPOSED CHANGE OF AUDITORS

The Board of Directors of LBALUM wishes to inform that the Company had on 17 August 2017 received a notice of nomination from Datuk Leow Chong Howa, a major shareholder of the Company, of his intention to nominate Messrs BDO for appointment as Auditors of the Company in place of the outgoing Auditors, Messrs Crowe Horwath at the forthcoming Annual General Meeting ("AGM"), and to hold office until the conclusion of the next AGM of the Company, at a remuneration to be determined by the Directors ("Proposed Change of Auditors").

The Proposed Change of Auditors is subject to the shareholders' approval at the forthcoming AGM to be convened.

This announcement is dated 17 August 2017.

yuanlong57

1,528 posts

Posted by yuanlong57 > 2017-08-17 22:55 | Report Abuse

OTHERS LB ALUMINIUM BERHAD ("LBALUM" or "the Company") -CHANGE OF COMPOSITION OF REMUNERATION COMMITTEE ("the RC")

The Board of Directors of LBALUM wishes to announce that, with effect from 17 August 2017, Mr Yap Chee Woon ceased to be a member of the RC and in place thereof, Mr Chew Kat Nyap has been appointed as a member of the RC.

The composition of the RC after the change is as follows:-

No. Name Designation
1. Mr Neoh Lay Keong (chairman) Senior Independent Non-Executive Director
2. Dato' Dr Mohd Husni bin Ahmad (member) Independent Non-Executive Director
3. Mr Chew Kat Nyap (member) Independent Non-Executive Director

This announcement is dated 17 August 2017.

RECOMMENDATION. : ALL BOARD OF DIRECTORS SHOULD TAKE A PAY CUT FOR THE GROSS MISTAKE OF "UNDERPROVISION OF ALLOCATION FOR DEFERRED TAXES." RESULTING IN A NET LOSS OF 76% IN AN OUTPERFORMING QUARTERLY REPORT.

Booyah

406 posts

Posted by Booyah > 2017-08-18 10:29 | Report Abuse

HAHAHA that's awesome.

Posted by Vivoforever > 2017-08-21 13:37 | Report Abuse

Is it the time?

Posted by Vivoforever > 2017-08-21 15:00 | Report Abuse

Accum?

RJ87

5,133 posts

Posted by RJ87 > 2017-08-25 04:53 | Report Abuse

Rm50 cut is also a pay cut right?

I dunno la...looks like wayang to me...

yuanlong57

1,528 posts

Posted by yuanlong57 > 2017-08-26 16:48 | Report Abuse

Can "wayang" to some people some of the time, but cannot "wayang" to all people all the time.

moneykj

6,136 posts

Posted by moneykj > 2017-08-27 13:26 | Report Abuse

Hmmmm

TheContrarian

9,268 posts

Posted by TheContrarian > 2017-08-27 13:58 | Report Abuse

yuanlong, you still holding LB Alum?

yuanlong57

1,528 posts

Posted by yuanlong57 > 2017-08-27 19:18 | Report Abuse

Yes, TheContrarian. At least collect the dividend first.

TheContrarian

9,268 posts

Posted by TheContrarian > 2017-08-27 19:53 | Report Abuse

I sold off at 81.5 sen during the last rebound.

yuanlong57

1,528 posts

Posted by yuanlong57 > 2017-08-28 10:30 | Report Abuse

The LBALUM management doesn't seem to be efficient.

isaac225

371 posts

Posted by isaac225 > 2017-08-28 11:50 | Report Abuse

when is the buy back share and AGM going to held ?no news at all..

kevin008

1,360 posts

Posted by kevin008 > 2017-08-30 12:16 | Report Abuse

expected good result coming..last quarter profit so low due to deferred tax adjustment 5.031m which is one off

Ismylife73

699 posts

Posted by Ismylife73 > 2017-08-30 12:21 | Report Abuse

Next quarter should be better, the share price may hit above Rm1. Hold it for mid tern

kevin008

1,360 posts

Posted by kevin008 > 2017-08-30 14:28 | Report Abuse

https://www.investing.com/commodities/aluminum
Aluminium price very strong

Adventure

46 posts

Posted by Adventure > 2017-08-30 14:44 | Report Abuse

Dividen 2.5sen

RJ87

5,133 posts

Posted by RJ87 > 2017-08-30 16:07 | Report Abuse

pay 2.5 cent dividend to say sorry...
I will accept their apologies if they declare 7.5cent dividend.

yuanlong57

1,528 posts

Posted by yuanlong57 > 2017-08-30 18:26 | Report Abuse

Ha, ha, ha. I think LBALUM management must have read investors' current sentiment well.

TheContrarian

9,268 posts

Posted by TheContrarian > 2017-08-30 19:00 | Report Abuse

The 2.5 sen dividend already mentioned in the last QR.

yuanlong57

1,528 posts

Posted by yuanlong57 > 2017-08-30 20:23 | Report Abuse

But it took them such a long time to serve Notice of Closure!

TheContrarian

9,268 posts

Posted by TheContrarian > 2017-08-30 21:16 | Report Abuse

Some companies slow, some fast.

Ismylife73

699 posts

Posted by Ismylife73 > 2017-08-31 18:13 | Report Abuse

Like AirAsia. U need to have some patient

kevin008

1,360 posts

Posted by kevin008 > 2017-09-01 15:41 | Report Abuse

https://m.investing.com/commodities/aluminum
Aluminium break new high

yuanlong57

1,528 posts

Posted by yuanlong57 > 2017-09-01 19:01 | Report Abuse

But, LBAlum must also break new high! Then only it's meaningful. Please don't come again with "underprovision for deferred taxes!" and incur unnecessary loss. Ha, ha, ha.

ugorrkim

200 posts

Posted by ugorrkim > 2017-09-01 19:53 | Report Abuse

Any related price aluminum with lbalum??

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-09-01 22:53 | Report Abuse

lb buy or manufacture aluminium 1st.i see pmetal n pmb can rise

Ismylife73

699 posts

Posted by Ismylife73 > 2017-09-04 11:43 | Report Abuse

@meistsk3134
LB Aluminium Berhad is engaged in the business of manufacturing, marketing and trading of aluminum extrusion and ceiling metal tee products.

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-09-04 13:34 | Report Abuse

since it manufacture extrusion. so they have purchase raw material alumunium? yet aluminium price crazy now

isaac225

371 posts

Posted by isaac225 > 2017-09-04 14:35 | Report Abuse

ya..they have to buy the raw material and mostly from his sister company A-rank..if the raw material is way too high will definitely lead to highest base cost for manufacturing yet they have to sell more expensive for the final products.

Booyah

406 posts

Posted by Booyah > 2017-09-05 12:06 | Report Abuse

Undervalue

moneykj

6,136 posts

Posted by moneykj > 2017-09-06 15:28 | Report Abuse

I'm buying

isaac225

371 posts

Posted by isaac225 > 2017-09-07 10:49 | Report Abuse

buy buy buy haha..dividen 2.5 sen..not bad actually..

isaac225

371 posts

Posted by isaac225 > 2017-09-07 14:18 | Report Abuse

hope the real volume will came soon to sky rocket high..

Adventure

46 posts

Posted by Adventure > 2017-09-07 14:54 | Report Abuse

Will close above 0.8?

林俊松

6,924 posts

Posted by 林俊松 > 2017-09-07 14:55 | Report Abuse

Why suddenly up? 81 cents~

kevin008

1,360 posts

Posted by kevin008 > 2017-09-07 15:01 | Report Abuse

maybe good result coming haha

Deskent

91 posts

Posted by Deskent > 2017-09-07 15:24 | Report Abuse

Still can top up back to original :)

Booyah

406 posts

Posted by Booyah > 2017-09-07 16:35 | Report Abuse

Wow, volume so high today

zhadao92

97 posts

Posted by zhadao92 > 2017-09-07 16:51 | Report Abuse

oh yea.. hop can close 0.795/0.8 today

moneykj

6,136 posts

Posted by moneykj > 2017-09-07 17:47 | Report Abuse

Production record high. This month target even higher. It's a buy.

Ahead1268

768 posts

Posted by Ahead1268 > 2017-09-07 21:30 | Report Abuse

At least some hope thought already hopeless n helpless. Today the candle body cross over 50 E/SMA. Good sign. Some hope for coming trading session luckily I didn't dump yesterday thinking of change counter liao.

If price near 0.90 i will chop out this share. Good value but not exciting n not performing. Wasting other greater potential counter.

Yipman

391 posts

Posted by Yipman > 2017-09-07 22:31 | Report Abuse

guys, the fund managers start to accumulate this potential stock. they will split up a few sections to pump in fund. today s just started.

Yipman

391 posts

Posted by Yipman > 2017-09-07 22:32 | Report Abuse

foresee good QR this end of month. Grab below the R1 0.815 now. otherwise u will miss the chance.

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