Posted by JTSmartServices > 2021-06-30 09:39 | Report Abuse

LB 60% operation during MCO 3.0. It was weird that somebody mentioned no operation at all

Posted by OTB > 2021-06-30 09:46 |

Post removed.Why?

Posted by Piratebilis > 2021-06-30 11:07 | Report Abuse

Road to Aluminium USD 3000

Posted by Qwertyuiop > 2021-06-30 12:09 | Report Abuse

Well, I am still a believer of commodities supercycle. They may start to perform when everything gets better.

Posted by milosh > 2021-06-30 12:27 | Report Abuse

qwerty: they are already performing...

Posted by milosh > 2021-06-30 12:34 | Report Abuse

its funny market react negatively for EPS 5.3sen when share price was 1 rm, MRDIY has EPS of only <2 sen and trades for 3.5x more, I personally trust much more in lbalum future

Posted by Qwertyuiop > 2021-06-30 12:42 | Report Abuse

Im looking at bloomberg commodity index for a bigger picture.

Posted by Jokers2020 > 2021-06-30 12:45 | Report Abuse

insider news long time ago when they goreng up...now they sell after qr result out

Posted by Luckyboy88 > 2021-06-30 12:46 | Report Abuse

Many trades at range bound bet 0.93-1.

I'm wrong, lb is worst among 20% among bursa ctns.

Sedania, jetson, dataprp euro, edaran and ireka are much more better than lb.

LB DID NO WRONG, we can only blame ourself for the Kiasi behaviour.

Speechless

Posted by sasword > 2021-06-30 12:54 |

Post removed.Why?

Posted by sasword > 2021-06-30 12:56 | Report Abuse

Most importantly gov is still worst than hell.

Posted by crabken > 2021-06-30 14:56 | Report Abuse

order from oversea slowly shifted to vietnam and indonesia which are more stable. order of new extrusion machine from china have to wait for 6m to 1 year plus due to high demand from vietnam indonesia

Posted by azfar8 > 2021-06-30 15:00 | Report Abuse

it's drop maybe because people expected that result must be good, so people buy first to take an advantage. i think, all just wait and see, those who frustrated might throw first. I am not that shock if price will climb back to at least at yesterday's close if not start to go green... maybe they just want to see if the buyer genuine. but off course i am not that happy with that kind of moves, if result was good, better put good performance.

Posted by Luckyboy88 > 2021-06-30 16:37 | Report Abuse

Tell me is Edaran fa better than lb?? Why edaran can up almost limit up and same with the list of ctns I list earlier.

Its all about lb shareholders mind set.

No matter how good, its always not enough. Tell what business can do compounds growth every each qr.

Posted by JTSmartServices > 2021-06-30 16:41 | Report Abuse

Technically lb is still safe with closing at least 0.95 or above...no worry

Posted by Lukey_Greek > 2021-06-30 22:45 | Report Abuse

Last quarter result just announced yesterday was below expectations.

Half of the gross profit was from reversal of impairment losses. Can already forecast what’s the profit like even though MCO is lifted in future.

Posted by azfar8 > 2021-07-01 08:59 | Report Abuse

looks like today we will see it to inched down a bit, as yesterday didnt close stronger on that candle..

Posted by sasword > 2021-07-01 12:50 |

Post removed.Why?

Posted by JTSmartServices > 2021-07-01 22:19 | Report Abuse

Poor closing...Not good sign

Posted by apple168 > 2021-07-02 07:50 | Report Abuse

WuChang sifu said “Time to Sell to the Fools”

Posted by Luckyboy88 > 2021-07-02 11:16 | Report Abuse

Wah! Want people to become fool and cut lost till 0.6??

Dun just talk, if U, WC or sasword got big ticket short it down fast. No ticket ka?? This way faster mah.

Talk is cheap, like u.

Posted by Kristina Melody > 2021-07-06 17:41 | Report Abuse

nobody here anymore....wow

Posted by Luckyboy88 > 2021-07-06 17:45 | Report Abuse

Many ppl here'

Posted by Luckyboy88 > 2021-07-06 17:47 | Report Abuse

BONUS ISSUES 3:4

i said be4, 2.5 cents dividend soon better than FD.

Only black heart ppl ask u sell cheap.

Luckyboy buy buy buy

Posted by Luckyboy88 > 2021-07-06 19:44 | Report Abuse

Normally LB ex-div is on 1st or 2nd Oct. The company expected the BI will be completed be4 3rd quarter of 2021.( as thedge)

If bonus issue 1st then only ex-div, shareholders will get 7.5 cents extra for every 40000 share held.

OMG!!!!

Posted by Luckyboy88 > 2021-07-06 19:49 | Report Abuse

THANKS!!! LB Aluminium BHD

Posted by Qwertyuiop > 2021-07-06 21:08 | Report Abuse

this is quite good that the management has the intention to expand further or they see the strong growth ahead, larger share base is good, as the market cap now only 245m. lol :) good good. More importantly it can attract funds to buy.

Posted by Luckyboy88 > 2021-07-07 00:21 | Report Abuse

Copy from circular to shareholders :

For avoidance of doubt, as the Proposed Bonus Issue is expected to be completed prior to the
entitlement date of the proposed first and final dividend (“Proposed Final Dividend”) which was
announced and recommended by the Board on 29 June 2021 for shareholders’ approval at the
forthcoming annual general meeting of LBA, the Bonus Shares will also be entitled to the
Proposed Final Dividend to be paid to the shareholders of LBA if the Proposed Final Dividend is
approved by shareholders.

Posted by Luckyboy88 > 2021-07-07 00:24 | Report Abuse

It's COMFIRM the Bonus Shares also entitled for dividend???

Anyone?? As I don't want to mislead fellow forum members.

Posted by Luckyboy88 > 2021-07-07 00:44 | Report Abuse

The 1st (extra dividend) is purely my assumption base on reading the edge.

Circular : assurance from lb board.

Posted by Luckyboy88 > 2021-07-07 00:47 | Report Abuse

Very practical to invest to indeed!!

Posted by Putrajaya666 > 2021-07-07 10:39 | Report Abuse

https://www.sinchew.com.my/content/content_2507477.html



该公司发给交易所的文告指出，该红股计划预期在第三季以前完成，股本将从现有的2亿4848万6334股扩大至4亿3485万1084股。若计划获得股东通过，届时红股持有者可一并享有公司末季股息。

Posted by trustmenojoke > 2021-07-07 12:56 | Report Abuse

bonus shares + dividend.

Posted by Millionairegig > 2021-07-07 15:41 | Report Abuse

Nice, positive news. This will normally trigger rally till ex-date. Enjoy. Smart money will be park here.

Posted by Investformilkmoney > 2021-07-07 22:04 | Report Abuse

When isbexdate for dividend?

Posted by apple168 > 2021-07-08 15:45 | Report Abuse

Dumb dumb sell… don’t be silly to dump dump buy from sharks…

Posted by Luckyboy88 > 2021-07-08 18:38 | Report Abuse

Luckyboy share facts regarding BI :

Pursuant to Paragraph 6.30(1A) of the Main Market Listing Requirements of Bursa Securities
(“Listing Requirements”), a listed issuer must ensure that its share price adjusted for a bonus
issue is not less than RM0.50 based on the daily VWAP during the 3-month period before the
application date. For illustration purposes only, based on the lowest daily VWAP of LBA Shares
in the past 3 months up to and including 5 July 2021, being the last trading day prior to this
announcement, of RM0.8808 per LBA Share, the TARP of LBA Shares after the Proposed Bonus
Issue amounts to approximately RM0.5033 per LBA Share, which is in compliance with
Paragraph 6.30(1A) of the Listing Requirements.

Posted by Luckyboy88 > 2021-07-08 18:47 | Report Abuse

According to Bursa rules, THE VWAP of LB for the past 3 months including 5th July 2021 prior to the announcement of BI is :

RM0. 8808

That mean any price below the VWAP is sure win as market maker will make sure that's the min trading price once's ex- bonus.

Posted by Luckyboy88 > 2021-07-08 18:54 | Report Abuse

Price correction is bcos Mahaidin. Small volume sell down by those cut lost or force sell when chase yesterday.

I'm a bit disappointed, just timing not in lb favour.

Posted by Luckyboy88 > 2021-07-08 19:10 | Report Abuse

During turbulence time, park money at fundamentally strong company for shelter.

1) dividend per share 0.4375. BI then ex div
IF can get 0.89, the dividend obtain is a lot lucrative than FD.

2) LB business is very bullish, and with the delivery of 14m vaccine, it would not take long 4 business back to normal.

Yesterday euro 2021 bet Italy vs Spain at Wembley stadium saw a full crowd. Malaysia lagging, haha.

Posted by Luckyboy88 > 2021-07-08 19:12 | Report Abuse

Buy or sell up to individuals.

I have done my part to share all facts relating lb.

Cheers!!!!

Posted by Investformilkmoney > 2021-07-08 20:06 | Report Abuse

When is ex date for BI and dividend?

Posted by Luckyboy88 > 2021-07-08 20:49 | Report Abuse

Friend, u didn't read previous posting ka??

Normally 1st or 2nd Oct, since 2nd Oct fall on Saturday then 1st lo.

BI comes before ex-div as per circular. Date yet to be comfirm pending BOD announcement.

Posted by Luckyboy88 > 2021-07-08 20:58 | Report Abuse

LBA already send out the application of BI to Bursa. So the VWAP 0.8808 price min price after ex-bonus is valid.

Due to unfavorable market conditions

Local politic
China crack down of tech companies listed or planning listing off shore particularly US.
rt for covid expending.

Save to buy near 0.880, see got water fish sell or not

Posted by dexeric > 2021-07-09 02:34 | Report Abuse

What is the final price after the bonus issue... for example following 0.88 vwap?

Posted by Luckyboy88 > 2021-07-09 08:36 | Report Abuse

TARP( theoretical adjusted references price) will be 0.5033.

Nearrest 0.505 which is 0.505 and >RM0. 5 the min value according to Bursa listing requirements.

Posted by Bgt 9963 > 2021-07-09 08:52 |

Post removed.Why?

Posted by dexeric > 2021-07-09 09:34 | Report Abuse

If the price after is rm0.505 means it is more like dilution than bonus issue since the amount is lesser compared to before bonus issue

Posted by Investformilkmoney > 2021-07-09 09:37 | Report Abuse

@Luckyboy88 thanks, I reread above again. I guess I missed it. It's good to have nice people like you in forum. Appreciate it.

Posted by Luckyboy88 > 2021-07-09 10:13 | Report Abuse

@dexeric, I think u a bit confuse.

FORMULA :

TARP = closing market price of LBA prior ex (X)

Number of share be4 bonus ÷ no of share after bonus

0.88 is worst scenario to fulfil bursa's rules.