LB ALUMINIUM BHD

KLSE (MYR): LBALUM (9326)

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Last Price

0.515

Today's Change

+0.01 (1.98%)

Day's Change

0.505 - 0.515

Trading Volume

412,600


7 people like this.

5,091 comment(s). Last comment by SMInvest 2 weeks ago

Posted by Skywalker00 > 2021-05-26 21:30 | Report Abuse

Please la... who dunno commodities counters good results....this is a case of sell on news kids.

SEE_Research

4,673 posts

Posted by SEE_Research > 2021-05-27 00:42 | Report Abuse

LB aluminium /9326

1. Target Price RM 2.18
Mid term,
==========================================
Remarks
Not recommended for trsding buy,
means not for contra buy, not contra sell

SEE_Research

4,673 posts

Posted by SEE_Research > 2021-05-27 00:48 | Report Abuse

For 27 May 2021
Thursday

Alcom /2674,

Steel counters especially
Choo Bee,
Ann Joo will provide uptrend momentum for steel, aluminum sectors,
Plus Alcom /2674 will also help in aluminum sector for positive price uptrend.

clementw

31 posts

Posted by clementw > 2021-05-27 07:58 | Report Abuse

Aluminum Futures - (MALTRc1)

Real-time derived

Create Alert
Add to Portfolio
2,413.75 +30.75 +1.29%

Invest_888

1,067 posts

Posted by Invest_888 > 2021-05-27 09:47 | Report Abuse

Alcom majorities profit is still from Property sector.

The good news from Alcom is its Aluminium/manufacturing segment business starts to make profit. In comparison to the previous quarterly financial result to current one is as such:

Q4 FY2020 loss money -RM1.91 million (Aluminium/manufacturing segment only)
Q1 FY2021 make money RM1.19 million (Aluminium/manufacturing segment only)

Latest Alcom quarterly financial result, EPS=5.51 cent

Invest_888

1,067 posts

Posted by Invest_888 > 2021-05-27 09:59 | Report Abuse

LBALUM profit purely from ALUMINUM.
LBALUM latest quartery financial result was EPS=5.99 cent.


One more month LBALUM upcoming financial result will be out.
As expected due to higher revenue, better profit margin, upcoming quarterly financial of LBALUM will be increased significantly.

milosh

377 posts

Posted by milosh > 2021-05-28 16:03 | Report Abuse

Can somebody knowledgeable, please help me understand one thing?:

if LBALUM manufacture products from aluminium and price of the aluminium is going up, isnt it that their inputs will go also up and eating profit margins? What I see from the last Q and other companies from the same sector its not the case (?!?), but forgive me my ignorance and can you please explain to me?

In my opinion it can be just because of:

1) these companies are also involved in mining
2) they keep enough raw materials (aluminium)
3) they are hedging
4) they increase prices of their products even more compare to raw material price increases
5) there is a lot of orders coming in and thats why actually even raw aluminium is going up and not the other way
6) I miss out something?

thanks ...

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-05-28 17:13 | Report Abuse

2) initially

4) and 5) the major factors. ' chan for ta kip'

milosh

377 posts

Posted by milosh > 2021-05-28 17:51 | Report Abuse

thx Luckyboy88, its what I suspect the most

Invest_888

1,067 posts

Posted by Invest_888 > 2021-05-31 08:45 | Report Abuse

https://www.investing.com/commodities/aluminum
Aluminum prices is continously going up.

FMCO allows construction to continue. Steel/Aluminum stocks with record earning can handle this FMCO, share prices won't drop significantly.

stainlyho37

2,275 posts

Posted by stainlyho37 > 2021-06-01 11:42 | Report Abuse

QR this month..expected to be very2 good...WATCH OUT now...!!

DreamHunter

10,922 posts

Posted by DreamHunter > 2021-06-01 11:50 | Report Abuse

ha ha ha

DreamHunter

10,922 posts

Posted by DreamHunter > 2021-06-01 11:51 | Report Abuse

yah geh

DreamHunter

10,922 posts

Posted by DreamHunter > 2021-06-01 11:51 | Report Abuse

sure boh

DreamHunter

10,922 posts

Posted by DreamHunter > 2021-06-01 11:51 | Report Abuse

how you know leh

milosh

377 posts

Posted by milosh > 2021-06-01 13:42 | Report Abuse

well no one can tell for sure, but from the publicly available data, as for example aluminium prices, net profit can be up anywhere between 5-20%, at least should not be less compare to the last Q

jeremylin

231 posts

Posted by jeremylin > 2021-06-02 12:13 | Report Abuse

When shoot up again o ?

Posted by warrantKing > 2021-06-03 12:45 | Report Abuse

Because Aluminium price stable at 2400USD above

Bryanlsh

44 posts

Posted by Bryanlsh > 2021-06-04 01:44 | Report Abuse

Lbalumium! This stock buy n keep, sure win. Take a look at alcom latest earning, up 415%, lbalumium is in same industry with alcom... So what do u think of lbalumium qr going to be? Definitely better than previous earning of 0.599cts.... So if it hits 30 mil profit... Its earning would be double.. This will transacted its pe to 2+... If u know what is PE stand for... U should know what to do now.

Ong8888

27 posts

Posted by Ong8888 > 2021-06-04 09:02 | Report Abuse

Can LBALUM operate during this FMCO?

milosh

377 posts

Posted by milosh > 2021-06-04 09:45 | Report Abuse

FMCO no effect for upcoming QR, because its until 30 Apr only

Ong8888

27 posts

Posted by Ong8888 > 2021-06-04 11:12 | Report Abuse

Wow.. Then upcoming QR will be explosive!

milosh

377 posts

Posted by milosh > 2021-06-04 20:29 | Report Abuse

for the aluminium price chart during the next QR see here: https://klse.i3investor.com/blogs/milosh/2021-06-04-story-h1566049311-ALUMINIUM_prices_for_the_next_QR_of_LBALUM.jsp

LeslieGoh

1,410 posts

Posted by LeslieGoh > 2021-06-06 12:06 | Report Abuse

I must point out that that LB Aluminium, Alcom and Press Metal are dealing in aluminium. Tomei is dealing in jewelleries which you can buy online.

I am obliged to tell you that Leon Fuat, Choo Bee and Tomei are my major investment holdings. I am not asking you to buy these stocks to push the share prices higher. But, if you decide to buy, you are doing at your own risk.

Hui_k_c

78 posts

Posted by Hui_k_c > 2021-06-08 15:28 | Report Abuse

uncle koon what happen to stock market. the price of Tomei, LBalum, Choobee LeonFH are not stable. Do some thing and let very strong supporters happily going to the bank. Thanks

Fattymin

245 posts

Posted by Fattymin > 2021-06-08 15:44 | Report Abuse

uncle koon sudah cabut when 1.3

Posted by vincent cym > 2021-06-10 14:41 | Report Abuse

earned two round on leonfb dy

milosh

377 posts

Posted by milosh > 2021-06-10 17:46 | Report Abuse

keep your hands strong guys, dont get influenced by a short term price movements which are irrelevant, once you set some target price in your mind and nothing much changed fundamentally - keep holding! tomei, lbalum (waiting for QR report), leonfb - all

Qwertyuiop

590 posts

Posted by Qwertyuiop > 2021-06-11 09:28 | Report Abuse

Look at the global environment, we are in early stage of commodity super cycle. Buy on weakness

Posted by vincent cym > 2021-06-11 13:47 | Report Abuse

already brought around 0.87-0.9

Posted by trustmenojoke > 2021-06-11 15:15 | Report Abuse

Upcoming QR very likely to be good. Waiting for it this month.

milosh

377 posts

Posted by milosh > 2021-06-11 16:35 | Report Abuse

interest increasing as results will be out soon and they should be very good, aluminium price chart for the upcoming QR: https://miloshtrading.blogspot.com/2021/06/aluminium-prices-for-next-qr-of-lbalum_6.html

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-06-11 17:24 | Report Abuse

No need to talk 3 talk 4 this time around already.
Loyal and those who believe know what's happening.

Those buy high, need trim lost also 7788.

BIG HINTS : Price of aluminium will likely trade at usd 3000 END OF THE YEAR.

VERY BIG DEMAND 4 THIS COMMODITIES AND LB will benefit from this.

Cheers!!

milosh

377 posts

Posted by milosh > 2021-06-11 19:22 | Report Abuse

i also give a hint: steel prices look even better on chart

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-06-11 19:53 | Report Abuse

@milosh, u got bet SD??

Better no no

milosh

377 posts

Posted by milosh > 2021-06-12 09:42 | Report Abuse

lucky: yes, but just "bet", with peanuts only, for the fun

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-06-12 10:02 |

Post removed.Why?

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-06-12 12:16 | Report Abuse

@milosh, noted and GL.

milosh

377 posts

Posted by milosh > 2021-06-13 08:58 | Report Abuse

its not only about aluminium price, there will be a huge recovery factor, many projects were on hold, once things get back to normal, LBALUM will be crazy busy and elevated prices will improve profit margins some more, waterfall effect

milosh

377 posts

Posted by milosh > 2021-06-13 10:18 | Report Abuse

read also about steel stocks: https://miloshtrading.blogspot.com/2021/06/steel-hype-by-kyy-and-otb.html

OTB

11,581 posts

Posted by OTB > 2021-06-14 08:48 | Report Abuse

Posted by Sslee > Jun 13, 2021 6:26 PM | Report Abuse

U.S. President Joe Biden and other G7 leaders hope their plan, known as the Build Back Better World (B3W) initiative, will provide a transparent infrastructure partnership to help narrow the $40 trillion needed by developing nations by 2035, the White House said.

So all building material price will increase so are many commodities price due to every country printing more money.

fms016

314 posts

Posted by fms016 > 2021-06-14 09:19 | Report Abuse

I'm in..

milosh

377 posts

Posted by milosh > 2021-06-14 09:35 | Report Abuse

ayo its going up too fast, I prefer slow and steady

Posted by tradesafely > 2021-06-14 10:21 | Report Abuse

dont worry, it will come down again soon

fms016

314 posts

Posted by fms016 > 2021-06-14 12:48 | Report Abuse

Stick at RM1.05
Hope can issue bonus share if share price too high..

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-06-14 13:35 | Report Abuse

Bonus share can't simply issue. It's like printing money without collateral, useless.

LB is few companies in bursa with tremendous growth rate with per less than 10. @ 1.05 price too high, u must be kidding.

Posted by vincent cym > 2021-06-14 19:02 | Report Abuse

waiting for dividend annoucement

Hui_k_c

78 posts

Posted by Hui_k_c > 2021-06-15 15:41 | Report Abuse

some sifu pls comment what price should enter . thanks newbie

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