LB ALUMINIUM BHD

KLSE (MYR): LBALUM (9326)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.52

Today's Change

+0.015 (2.97%)

Day's Change

0.505 - 0.52

Trading Volume

1,009,500


7 people like this.

5,071 comment(s). Last comment by Invest_888 1 week ago

milosh

377 posts

Posted by milosh > 2021-06-24 08:45 | Report Abuse

yes lbalum is sooo much undervalued

azfar8

895 posts

Posted by azfar8 > 2021-06-24 09:29 | Report Abuse

LBALUM ROCKS, YEAH... hihi

milosh

377 posts

Posted by milosh > 2021-06-24 09:54 | Report Abuse

same with steel (LSTEEL) and also tomei after correction for a gold play:
https://miloshtrading.blogspot.com/2021/06/lsteel-9881-another-steel-gem.html
https://miloshtrading.blogspot.com/2021/06/tomei-7230-correction.html

Posted by trustmenojoke > 2021-06-24 15:00 | Report Abuse

Sales today.

Posted by trading2019 > 2021-06-24 15:01 | Report Abuse

Open the blardy economy lah, stoopid moodin (nama glamer). The lockdown is not helping.

azfar8

895 posts

Posted by azfar8 > 2021-06-24 15:22 | Report Abuse

also, maybe because the world bank lowering growth for malaysia economy, that's why mkt behaving like this. but i am still believe that it will be once more in the spotlight if the quarter report later excellent... people dont know where to trade, so they are looking for strong performance company...

azfar8

895 posts

Posted by azfar8 > 2021-06-24 15:25 | Report Abuse

but to open the economy as usual, i think will not helping much if the cases keep on surging. i am still believe a proper total lockdown as the first mco will help. it might not have to be that long as before if the true enforcement to be place right now.

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-06-24 15:26 | Report Abuse

Always bad timing, banyak peanut kaki

milosh

377 posts

Posted by milosh > 2021-06-24 16:03 | Report Abuse

speculants push it fast up, now sell down fast, longterm still good, will go up again

milosh

377 posts

Posted by milosh > 2021-06-24 16:04 | Report Abuse

now its all about upcoming results

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-06-25 10:28 | Report Abuse

Biden mega infra got early nod by bi partisan of congressman.

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-06-25 16:01 | Report Abuse

World wide metal surging high yet we struggled

Qwertyuiop

555 posts

Posted by Qwertyuiop > 2021-06-25 16:06 | Report Abuse

because politics. thats all.

sasword

1,139 posts

Posted by sasword > 2021-06-25 16:41 | Report Abuse

Good move, later qr released will surely drop below 70 cents

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-06-25 16:52 | Report Abuse

@farizaq, well done.

milosh

377 posts

Posted by milosh > 2021-06-25 17:03 | Report Abuse

next QR results will be very good, should go up

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-06-25 17:03 |

Post removed.Why?

lawpc128

82 posts

Posted by lawpc128 > 2021-06-25 19:01 | Report Abuse

30june quarter results out. Should be good n price should ease up accordingly.

morganlee

341 posts

Posted by morganlee > 2021-06-25 21:33 | Report Abuse

Astino QR just came out, super amazing! Lbalum should be expecting the same!

morganlee

341 posts

Posted by morganlee > 2021-06-26 09:33 | Report Abuse

If Astino can release such good QR, Lbalum should be doing the same, and TP price is possible to reach!

OTB

11,079 posts

Posted by OTB > 2021-06-26 11:27 |

Post removed.Why?

ng1943

135 posts

Posted by ng1943 > 2021-06-26 12:29 | Report Abuse

WELL WRITTEN OTB BUT YOU FORGOT LION IND

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-06-26 12:45 | Report Abuse

Just dun trust William Cheng, lol

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-06-26 22:37 | Report Abuse

Do lb have any fixed dividend payout policy??

If fixed at 30%, might going to have 5 to 6 cents coming dividend.

Posted by Piratebilis > 2021-06-28 09:07 | Report Abuse

LB forced to close for few weeks now better run take profits

Qwertyuiop

555 posts

Posted by Qwertyuiop > 2021-06-28 10:43 | Report Abuse

@OTB, agreed with you. However, KLCI is very bearish due to the "lose hope" fear. Best strategy is to get the prospective, and theme driven sector on bargain and hold for the coming years. I also see steel and aluminium for the coming big theme. Inflation plus recovery driven by massive infrastructure, can take bloomberg commodity index as reference, clearly we are still in the early stage.

crabken

59 posts

Posted by crabken > 2021-06-28 12:18 | Report Abuse

better run

apple168

6,236 posts

Posted by apple168 > 2021-06-28 15:23 | Report Abuse

Do you all clear with government instruction ie all none essential business such as LBALUM not allowed to open factory till further notice…

apple168

6,236 posts

Posted by apple168 > 2021-06-28 15:23 | Report Abuse

Run…

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-06-28 21:17 | Report Abuse

U think already have enuf, just do it.

Make up ur mind

crabken

59 posts

Posted by crabken > 2021-06-28 21:36 | Report Abuse

approval for operating revoked on last saturday

milosh

377 posts

Posted by milosh > 2021-06-29 09:49 | Report Abuse

few weeks closure will not impact huge profits coming within next 1-2 years, who wants to "run" just do it, later see what you miss, fmco is already priced in, if not its already going up, results tomorrow will give a clue ...

Qwertyuiop

555 posts

Posted by Qwertyuiop > 2021-06-29 14:48 | Report Abuse

@apple168, investing world will be amazing if you start to look things from a longer term perspective, compared to short term like closure due to mco.

Posted by trustmenojoke > 2021-06-29 16:19 | Report Abuse

well said, @Qwertyuiop

milosh

377 posts

Posted by milosh > 2021-06-29 17:32 | Report Abuse

OK results out, not bad EPS 5.34 and dividend 2.5

milosh

377 posts

Posted by milosh > 2021-06-29 17:35 | Report Abuse

PBT actually much higher compared to the last QR

clementw

31 posts

Posted by clementw > 2021-06-29 19:07 | Report Abuse

milosh, market expecting the QR should be better than previous QR. Revenue is maintain but profit margin did not increase.Market tomorrow may have jitter sell

milosh

377 posts

Posted by milosh > 2021-06-29 19:21 | Report Abuse

PBT is up, and EPS >5sen just per 1 QR is already great, as the share trades only round RM 1

milosh

377 posts

Posted by milosh > 2021-06-29 19:42 | Report Abuse

3QR Rev: 144.296 PBT: 15.059
4QR Rev: 144.844 PBT: 17.226
profits going up, net profit is down just because of tax

Qwertyuiop

555 posts

Posted by Qwertyuiop > 2021-06-29 20:15 | Report Abuse

But noticed that the operating profit decrease, meaning higher cost incurred actually. Something to take note is that the increment of net profit is derived from higher Other Income, which is believed to be reversal of impairment (one off practice). I’m a holder of this stock, but I’m not so happy with this qr. Appreciate if someone could further elaborate on this.

milosh

377 posts

Posted by milosh > 2021-06-29 20:22 | Report Abuse

yes it is not a miracle result but it is still very2 good, many people say here before lbalum this QR results will be down for so many reasons and still it is at least "stable" at these already elevated levels, I am happy with these results. The reversal of impairment they mention it there in report ...

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-06-29 21:50 | Report Abuse

#milosh, we don't really need a miracle result and LB had delivered a PRACTICAL result thru out Fy2021.

Practical in the sense of stability and predictable yet a huge leap if to compare yoy.

Practical in term of wealth sharing with minority too.

LB - 2.5 cents coming soon
PMBTECH - 1.0
PA - 0.5
ALCOM - 0 to date
PRESTAR - 1.0
ASTINO - 1.5
TOMEI - 2.0

Remember, during this hardest time lb had delivered a whooping RM41. 8 millions which is PROFIT AFTER TAX.

For naysayers, u are welcome to suggest any stocks listed in bursa that u think better than OUR lb. I can proudly say lb is within 20% best of the best.

Lastly, thanks for everyone in LB Aluminium on behalf of every shareholders.

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-06-29 21:57 | Report Abuse

Even newly listed MRDIY pay dividend as below :

2020 - 1.43 cents
2021 - 0.8 to date

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-06-29 22:26 | Report Abuse

1 very important yardstick which is ROE, (essentially a measure of the return generated on the net assets of the company)

Let's compare the best aluminium ctn in bursa's.

PMETAL : 15.42
LB : 12.55

Lb management is very prudent, affective and efficient in managing our capital.

ROE is rate of return 4 every ringgit we invested.

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-06-29 22:42 | Report Abuse

Yesterday aluminium future break its 52w High.
After slight correction probably due to artificial suppression from China, price cont to increase.

China can't suppress indefinitely as smart traders will wallop whatever deem cheaper.

What exite me is I am assure that the DEMAND for aluminium product increases day by day.

This benefit upstream and downstream Al industries besides some upward asp increase.

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-06-29 22:48 | Report Abuse

When huge demand is there we dun need to worried much on the sustainability of LB business.

Now its up to the market to flush out those kiasi, KIASU and those still have doubt be4 moving up another lv.

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-06-29 23:40 | Report Abuse

Bonus issue is within sight, cumulative retain earning is rm202 millions.

1:2 possibly to do.

Cheers!!!

Post a Comment
Market Buzz