LB ALUMINIUM BHD

KLSE (MYR): LBALUM (9326)

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Last Price

0.54

Today's Change

+0.015 (2.86%)

Day's Change

0.525 - 0.55

Trading Volume

1,250,700


7 people like this.

5,085 comment(s). Last comment by Superb99 20 hours ago

Posted by Learner One > 2020-12-10 14:55 | Report Abuse

Almn price going up now.

Posted by Learner One > 2020-12-10 14:58 | Report Abuse

No.of share only 248M. If declare bonus cantik.

sasword

1,143 posts

Posted by sasword > 2020-12-10 16:33 |

Post removed.Why?

mmmc15

40 posts

Posted by mmmc15 > 2020-12-11 11:58 | Report Abuse

Highest profit ever after a red quarter.. only if next qr can maintain green then is really solid turn around

sasword

1,143 posts

Posted by sasword > 2020-12-11 16:10 | Report Abuse

My husky puppy also knows cannot maintain la.

Posted by BursaInsight > 2020-12-15 12:33 | Report Abuse

Lap9e!

FCM100

143 posts

Posted by FCM100 > 2020-12-15 14:55 | Report Abuse

The weakening of the US Dollar vis-a-vis Malaysian Ringgit and the recent increase inaluminium prices are expected to reduce our margins as they will reduce export revenue and increase production cost respectively. As an effort to safeguard our margins, we will increase our selling prices whenever necessary and at the same time improve efficiency and reduce operational costs.

FCM100

143 posts

Posted by FCM100 > 2020-12-15 14:55 | Report Abuse

Why increase in aluminium prices will reduce margins? Anyone care to explain?

Posted by BursaInsight > 2020-12-15 21:41 | Report Abuse

thats an odd explanation given that their margins, both gross and net improved in the latest quarter

Posted by BursaInsight > 2020-12-15 21:41 | Report Abuse

Press Metal - Prospect explanation

Following the re-opening of economies after the global lockdown, we see positive trends in
aluminium demand as different industries begin their recovery from the lows in the first half
of this year. We observed improved demand from key end user industries such as the
automotive sector and construction sector where manufacturers for these industries were
holding low inventory.

In addition, China’s swift economic rebound led to increased aluminium demand and higher
domestic aluminium prices on the Shanghai Futures Exchange (SHFE) as compared to
London Metal Exchange (LME) price. China, which historically was a net exporter, has
reversed its position to be a net importer of primary aluminium during this quarter. Inventory
levels are also seen to be decreasing week on week which only demonstrates the tightness of
aluminium supply within China currently

huat8787

389 posts

Posted by huat8787 > 2020-12-28 16:23 | Report Abuse

yeah..bullish

sasword

1,143 posts

Posted by sasword > 2021-01-07 17:01 | Report Abuse

Luckily sold at 0.74, if not everyday dry dream.

sasword

1,143 posts

Posted by sasword > 2021-02-08 10:16 | Report Abuse

还是不得翻身的咸鱼。

thesteward

6,777 posts

Posted by thesteward > 2021-02-10 19:08 | Report Abuse

Watch these 2 weeks hopefully can spike

Manin40

542 posts

Posted by Manin40 > 2021-02-15 19:35 | Report Abuse

Fcm100, alum price is the raw material, price increase, profit margin becomes smaller. Unless you raise your final product sales price.

Posted by NewKidOldSoul > 2021-02-20 12:58 | Report Abuse

LBalum up 12% yesterday. Arank to follow? Both has same common shareholders. Arank has secure market by supplying aluminium billets to LB. Low PE at current price. Might follow LB uptrend next week.

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-02-21 14:01 | Report Abuse

Yesterday latest 40 richest Malaysia saw PMETAL owner landed in 3rd spot behind Robert Kwok and Hartalega Mr Kuan. Surprisingly dethrone Tan Sri Teh due to leap bound increase in commodities prices. Technology, healthcare (gloves) and commodities are among the best performance captains.
Numbers never lie as price for aluminium had appreciate from low usd 1450 to current of 2100++, meaning that there is big surge in demand for it. Demand rise, ASP will follow. No businessman will sell thier products cheap knowing the cost of buying back kept increasing.

We all know Lbalum is not same lv with PMETAL, but I optimistic believe there big potential this ctn moving forward.

Now its race of 2 dark horses of this industry, lb and PA. I choose lb due to FA and smaller share issue. PA less attractive but has been equip with hot speculative turbo, let's see end of the day who win.

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-02-21 14:14 | Report Abuse

FYI, the highest price for aluminium was USD 2700.

sasword

1,143 posts

Posted by sasword > 2021-02-22 10:59 | Report Abuse

woohooooo, another pump and dump to trap more and more katak.

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-02-22 13:01 | Report Abuse

Only katak jump in and out. True investor will add on weakness.

Hush77

1,258 posts

Posted by Hush77 > 2021-02-24 10:20 | Report Abuse

aluminium counter all moving.. alcom , pmetal, etc

sasword

1,143 posts

Posted by sasword > 2021-03-02 15:27 | Report Abuse

Doomsday of con counter.

stteck

756 posts

Posted by stteck > 2021-03-14 19:22 | Report Abuse

Application of Alu Extrusion include Solar Power and EV, which is the future rising trend of industry worldwide. Stay tune on alu extrusion exporters.

RVI123

660 posts

Posted by RVI123 > 2021-03-28 20:20 | Report Abuse

I believe the reporting quarter should be doing well. Aluminium price has gone up for the last few months.

Fattymin

245 posts

Posted by Fattymin > 2021-03-29 20:42 | Report Abuse

tp?

caonima

367 posts

Posted by caonima > 2021-03-30 11:56 | Report Abuse

big vol in druing last day closing time, big shark already inside

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-03-30 17:36 | Report Abuse

Congratulations!! Record breaking qr, even better than VS lndustries in term of eps.

mmmc15

40 posts

Posted by mmmc15 > 2021-03-31 09:39 | Report Abuse

两个季度就赚了比过去三年还多?!

Manin40

542 posts

Posted by Manin40 > 2021-03-31 09:56 | Report Abuse

have confidence in the commodity price over the next 6 months! Fly

Berlin

285 posts

Posted by Berlin > 2021-03-31 10:15 | Report Abuse

What's the issue with this counter? Reports great profits for Q3 2021 heading for record for the financial year and many small shareholders are exiting despite prospective low single digit PE. Past dividend record is abysmal, yes, but the company can afford to declare special dividend and a bonus issue this year to reward shareholders.

Posted by Luke Martin > 2021-03-31 10:48 | Report Abuse

Welcome to bursa where investors do not use logic to trade

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-03-31 12:20 | Report Abuse

Pglobe without nothing to parade financially can limit up 2 days consecutively. Maybe most lb shareholders very KIASU.
I'm not selling mine and if really drop will add more.

sasword

1,143 posts

Posted by sasword > 2021-03-31 16:18 | Report Abuse

Luckyboy88, 欢迎来到马来鸡鸭。

OMGTRADER

115 posts

Posted by OMGTRADER > 2021-03-31 21:48 | Report Abuse

aluminum新高 看好。。120 没问题 全马唯一可以做12‘’⚪柱的公司 世界没几间 玩玩啊以为

sasword

1,143 posts

Posted by sasword > 2021-04-01 09:51 | Report Abuse

QR improved due to conning bilis money.

Berlin

285 posts

Posted by Berlin > 2021-04-01 10:17 | Report Abuse

This is simply astonishing. Net profits for 3 quarters 28.53 mil or 11.49 sen per share,and even assuming zero for 4 Q, at 75 sen PE is only 6.5x fye 4/2021. Conservative management, yes, not generous with dividends, yes, but 2021 is the year to surprise. Opportunity to buy and hold for payoff later this year.

caonima

367 posts

Posted by caonima > 2021-04-01 10:58 | Report Abuse

prepare to stuck for another 3months, same pattern as previous qr out

lewis3333

34 posts

Posted by lewis3333 > 2021-04-01 12:15 | Report Abuse

wasting time

crabken

59 posts

Posted by crabken > 2021-04-01 15:42 | Report Abuse

selling price going to increase again next week

sasword

1,143 posts

Posted by sasword > 2021-04-01 16:53 | Report Abuse

Cannot break 0.80, game over and next week down down down again.

sasword

1,143 posts

Posted by sasword > 2021-04-01 16:57 | Report Abuse

Happy mati pucuk ing.

Manin40

542 posts

Posted by Manin40 > 2021-04-01 17:02 | Report Abuse

be patient... once come, it will fly immediately and double up. If you look for fast money, go for Berjaya counters , not bad.

Berlin

285 posts

Posted by Berlin > 2021-04-02 10:34 | Report Abuse

Oh oh new shareholders coming in and taking out the weak holders. There are believers in LB Alum's great numbers after all with 80 sen resistance broken with ease.

Posted by SpicyMcDeluxe > 2021-04-02 14:41 | Report Abuse

kekw

Fattymin

245 posts

Posted by Fattymin > 2021-04-02 15:07 | Report Abuse

i bot 0.79 long long time ago, finally no more paper lost..............tks god

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-04-04 12:05 | Report Abuse

Going to test 0.94 lv multi years high 2014 and 2017. With on going momentum, I predict it should be not much hassle in days to come.
Why??

2014 net profit was 22++M, 2021 3 qtr already 28.5M and data point to increasing demand and asp. Conservative TP, 1 to 1.2.

gohuat888

268 posts

Posted by gohuat888 > 2021-04-05 09:17 | Report Abuse

buy some gogogogo

Posted by SoaringEagle63 > 2021-04-05 12:03 | Report Abuse

something is cooking hhhhmmmmm.....

Fattymin

245 posts

Posted by Fattymin > 2021-04-05 19:31 | Report Abuse

otw tp rm1

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