BCM ALLIANCE BERHAD

KLSE (MYR): BCMALL (0187)

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Last Price

0.01

Today's Change

-0.005 (33.33%)

Day's Change

0.01 - 0.015

Trading Volume

1,674,200


4 people like this.

5,986 comment(s). Last comment by whistlebower99 2 months ago

Posted by newbie_lol > 2020-06-02 20:56 | Report Abuse

my average price is 0.33, hold or cut loss tmrw?

Jason85

652 posts

Posted by Jason85 > 2020-06-02 21:21 | Report Abuse

Bcmall always trap investor

Posted by newbie_lol > 2020-06-02 21:29 | Report Abuse

i m living in my peak bungalow now, stupid me

Posted by sailang85 > 2020-06-02 21:32 | Report Abuse

I say hold on to it. Is a good share.

persie

1,412 posts

Posted by persie > 2020-06-02 21:41 | Report Abuse

Tomorrow should be rebound. Today's correction is healthy for the stock..

Posted by newbie_lol > 2020-06-02 21:44 | Report Abuse

what's your take on the resistance price tmrw?

icepumpkin

818 posts

Posted by icepumpkin > 2020-06-02 22:13 | Report Abuse

It may drop bit it will still go up. I will hold.

geary

6,385 posts

Posted by geary > 2020-06-02 22:14 | Report Abuse

Newbie also go for margins...they know how to manage their risks or not... tightening better...if not they keep on chasing high...sell higher...FOMO...slow n steady uptrending much better emotionally...!!!
Brokerage houses tighten margin financing on glove makers' stocks amid trading madness | https://www.klsescreener.com/v2/news/view/684185

geary

6,385 posts

Posted by geary > 2020-06-02 22:20 | Report Abuse

newbie_lol my average price is 0.33, hold or cut loss tmrw?
02/06/2020 8:56 PM
You want to trade short term...you must know what price to cut lost n what price to sell n gains by %...why ask others...you don't know or not prepare for it...!!!

Posted by FactsandTruths > 2020-06-02 22:22 | Report Abuse

Do not worry and panic guys, hold on to it and do expect it takes time for BCM to surge high once again. We shall see what happens tomorrow as most of the glove makers are being imposed with the margin cap (listed in the by TheEdge news below). So most likely the additional over flowing funds will flow to other healthcare related counters which also means sharks might attack anytime soon. Trade based on your on analysis and risk appetite.

https://www.theedgemarkets.com/article/brokerage-houses-tighten-margin-financing-glove-makers-stocks-amid-trading-madness

geary

6,385 posts

Posted by geary > 2020-06-02 22:31 | Report Abuse

newbie_lol my average price is 0.33, hold or cut loss tmrw?
02/06/2020 8:56 PM
Short term traders must study the charts more n become chartists...but no guarantee you can win every T-2...Day traders...Swing traders have better chances to win...!!!

EagleEye

499 posts

Posted by EagleEye > 2020-06-02 22:31 | Report Abuse

.
@ geary....yes u r right, new investor wanna gamble high by going for margins, if green they happy happy la, once red, own blood also vomit out, and panic ...

Posted by FactsandTruths > 2020-06-02 22:37 | Report Abuse

Agree to both of you @geary and @eagleeye

geary

6,385 posts

Posted by geary > 2020-06-02 22:37 | Report Abuse

EagleEye .
@ geary....yes u r right, new investor wanna gamble high by going for margins, if green they happy happy la, once red, own blood also vomit out, and panic ...
Which sharks can survive better...MEG, Great White, Bull Shark n Baby Shark...which shark will bleed or vomit the most blood...!!!

Tripaka

2,962 posts

Posted by Tripaka > 2020-06-02 22:42 | Report Abuse

Brokerage institutions are the new normal ah longs..

Posted by wutohpakhang > 2020-06-02 22:43 | Report Abuse

potential stocks to go to 40 cents and beyond. In Bursa we trust

Posted by spielmacher > 2020-06-02 22:44 | Report Abuse

Beware of correction phase. The only chance for price to up again is quarter report in 2-3 weeks. Until then price will be down to 22-23 sen.

Posted by FactsandTruths > 2020-06-02 22:48 | Report Abuse

Fret not, adjust and react yourself accordingly to the market tomorrow and am enjoying the night with 21 years, Hibiki whisky smooth and fragrant.

persie

1,412 posts

Posted by persie > 2020-06-02 22:49 | Report Abuse

Bcmall is still lagging compared to its peers. Happy rebounding for tomorrow.. Cannot tahan just sell at 0.29 or 0.30.. Or you will bite your fingers when it's going north..

persie

1,412 posts

Posted by persie > 2020-06-02 22:52 | Report Abuse

Tomorrow will test 0.350 again. First time test it failed to remain above that level. Hopefully the second time will success..

btuscy

1,134 posts

Posted by btuscy > 2020-06-03 00:34 | Report Abuse

based on my humble opinion why i invest in BCMALL

1. Company established since 1978 ( 42 years )
2. their financial background is in very healthy state
3. previous years record are stable, just look at their FA,
4. this company will prosper more during covid pandemic and only God knows when it will end.
5. it will take years to create vaccine/cure for covid 19. the complexity of implementing/approving human test is not that easy.
6. even if they do manage to find the cure/vaccine for covid19,the world will be more careful.
7. hence the importance of sanitation/ disinfection, sterilization, and surgical room equipment.
8. their business will run as usual providing tools/equipment/services for healthcare providers ie hosp/clinics etc etc
9. hospital will still be running. people getting sick daily, virus keep mutating, vaccine are constanly outdated.
10. once covid19 ended, their business will still run, washers, tumble dryers, and coin changer, as well as on-premise commercial laundry equipment comprising washer extractor, continuous batch washer, batch dryer, tumble dryer, feeder, dry cleaning machine, flatwork ironer, folder, spotting table, industrial presses machine, ironing table, and chemical dispensing system.

i can go on and on and on highlighting the potential this counter have, but you guys will TLDR
so up yo u guys to stay strong and hold, u will be rewarded.

p/s, why this counter price still low/slow/not moving? simple: no exposure yet and people still focus on glove counter.

by the way, sharks will be here soon, better get it now before they start feeding frenzy.

to those who managed to accumulate at 0.205, congratulation and hold.
to those who sell at 0.205, you can still jump back in, not too late :) BCMALL will be similar to careplus/adventa/notion

** QR coming soon ;) huat

btuscy

1,134 posts

Posted by btuscy > 2020-06-03 02:16 | Report Abuse

Glove market could blood bath tomorrow, glove sharks could overflow to other sentiment sectors, hold on to bcmall as last monday it has finally made it presence known, hold and huat guys! dont feed sharks

Posted by HumbleFund > 2020-06-03 02:19 | Report Abuse

My plan waiting QR then decide I'm in at a good price ....so let's just wait

btuscy

1,134 posts

Posted by btuscy > 2020-06-03 04:34 | Report Abuse

yea, those who came last few weeks are at a very comfortable and stable position. Congratulations to those who held on, current situation are the most crucial part as the volatility increases and if you manage to hold on you will huat more up QR release.

btuscy

1,134 posts

Posted by btuscy > 2020-06-03 04:36 | Report Abuse

Based on my very noob technical analysis, bcmall will to shine very soon. Current trend are people still hooked on glove counters. And tomorrow will be expected that glove counter blood bath. As am i currently hooked on careplus and supermax, i already set TP in careplus and supermax.

BCMALL subsiadiary company are as follows :
1. http://www.bestcontact.com.my/

[full-line supplier of medical imaging equipment in Malaysia]
Scope of Work

Execution and biding for individual and projects under sales, service and maintain the Diagnostic imaging .
Provide one stop solution for customers in the Diagnostic Imaging Department.
Supply of medical consumables to Diagnostic Imaging's department.
Provide technical and service support for all products represent by Best Contact Sdn. Bhd.

2. https://www.cypressmedic.com.my/
[core business is trading and distribution of medical devices such as blood pressure monitor, nebulizer, thermometer, body fat monitor, sphygmomanometer, suction unit and pulse oximeter for the market in Malaysia and Brunei.]

3.https://www.maymedictechnology.com/
[supplier for products involving infection prevention such as steam sterilization, low heat sterilization, bacteria sanitation, chemical detergent and guaranteed sterilization. Apart from that they are providing medical surgery equipment such as operating theater table, operating room lighting, pendant system and many more on their product listing.

As you may notice, their business core is great even at pre covid, during covid and post covid. even if the world manage to control this pandemic, bcmall will still continue to strive at great length.

A simple point of view on their previous track record, prior to covid19 they are still generating healthy profit cash flow, they are providing hospital equipment and major role in fighting this covid battle is their sanitation equipment.

2019 @ MYR 5141000 + 35%
2018 @ MYR 8464000 + 122%
2017 @ MYR 4482000 + 17.885%
2016 @ MYR 3808000

btuscy

1,134 posts

Posted by btuscy > 2020-06-03 04:39 | Report Abuse

One of their income also derive from their laundry business, now that laundry services are allowed, we will expect this to contribute handsomely to their revenue as well.

https://www.cslaundry.com.my/
[ THERESA Laundry, Langkawi

Installing JENSEN Folder and SEALION Washer
for commercial laundry Kuah, Pulau Langkawi, Kedah, Malaysia
Five Star Hotel Laundry, Langkawi

Install laundry machines at five star hotel laundry
Pulau Langkawi, Kedah, Malaysia
Hospital Centra Laundry, Kuala Kertil Kedah

Installing Flatwork Ironer and Automatic Sheet Folder
for Centralise Hospital laundry, Kuala Ketir, Kedah, Malaysia
Commercial Laundry, Rawang

Install laundry machines for commercial laundry
Rawang, Selangor, Malaysia
TW Laundry, Langkawi

Installing Lapauw LPG Flatwork Ironer
Kuah, Pulau Langkawi, Kedah, Malaysia
HOTEL Laundry, Kuching

Setting up a five star laundry for hotel’s
Kuching, Sarawak, East Malaysia
Hotel Laundry ,Genting

Install JENSEN Flatwork Ironer for hotel in-house laundry
Genting Highland ,Pahang ,Malaysia
HOTEL Laundry, Kuching

Batch volume cleaner for hotel’s
Sibu, Sarawak, East Malaysia
Hospital Centra Laundry, Gebeng

Installing Flatwork Ironer for commercial laundry
Kuantan, Pahang, Malaysia
Spotless Steam Laundry, Penang

Replacing a Flatwork Ironer line
Bayan Lepas, Penang, Malaysia
HOTEL Laundry, Penang

Expanding in-house laundry capacity
Bukit Jambu, Penang, Malaysia
HOTEL Laundry, KL

A Five star Hotel laundry
KLSentra, Kuala Lumpur, Malaysia
Army Camp Quaters Laundry, Gemas

Setting up the quaters laundry for 4 block 11 sites
Gemas, Johor, Malaysia
HOSPITAL Laundry, PJ

With SENKING Tunnel Washer System
Petaling Jaya, Selangor, Malaysia
Medical Cleaning Laundry, Klang

Commercial Medical Cleaning Central laundry with barrier wall
TPG, Banting, Klang, Selangor, Malaysia
Commercial Laundry, Sibu

Setting up a five star laundry for hotel’s
Kuching, Sarawak, East Malaysia

persie

1,412 posts

Posted by persie > 2020-06-03 07:16 | Report Abuse

Good info but decisions is in your hand. Hopefully a technical rebound to happen today.

mf

29,201 posts

Posted by mf > 2020-06-03 07:23 | Report Abuse

Oil rises nearly 4% ahead of OPEC+ meeting, easing lockdowns

icepumpkin

818 posts

Posted by icepumpkin > 2020-06-03 07:30 | Report Abuse

Raya and gawai will result in more covid19 cases. Data is 2weeks lag. There will be no lockdown and cases will go up again. Healthcare will make its comeback again.

geary

6,385 posts

Posted by geary > 2020-06-03 07:53 | Report Abuse

Technically 200 SMA...Most Chartists are using crossed at...@0.22...presently...a big ascending triangle or cup is formed...breakout sooner or later...looking at market trends...!!!

geary

6,385 posts

Posted by geary > 2020-06-03 07:59 | Report Abuse

Cap on glove stocks | https://www.klsescreener.com/v2/news/view/684321
Protect themselves n others greedy sharks...!!!

Posted by Happy_lucky > 2020-06-03 08:03 | Report Abuse

come hengyuan 4324, hengyuan c12 , hengyuan c13. Heng yuan is the best company among all the o n g campany, good management team, good fundamental. petronas cut expenses will no effect and oil price is going to break new high, when opec meeting deal, will fly to moon. history at 2017 will come back which is the share price increase from RM2 to RM19 .The price will up very fast due to only 300 millions share, next supermx is coming .

btuscy

1,134 posts

Posted by btuscy > 2020-06-03 08:18 | Report Abuse

@happy_lucky Oil storage tank catches fire due to lightning at Hengyuan's Malaysian refinery
22 May 2020 | 10:30 PM

upupup

184 posts

Posted by upupup > 2020-06-03 08:57 | Report Abuse

Morning everyone !!

btuscy

1,134 posts

Posted by btuscy > 2020-06-03 08:58 | Report Abuse

morning, show begins

geary

6,385 posts

Posted by geary > 2020-06-03 09:03 | Report Abuse

Asian stocks set to gain Wednesday as stimulus hopes support risk appetite | https://www.klsescreener.com/v2/news/view/684335

Tripaka

2,962 posts

Posted by Tripaka > 2020-06-03 09:10 | Report Abuse

Gloves counters sailang kau kau.

btuscy

1,134 posts

Posted by btuscy > 2020-06-03 09:14 | Report Abuse

time to reload ,

sammmy

1,168 posts

Posted by sammmy > 2020-06-03 09:15 | Report Abuse

Omg. My dream of below 20cent is gone. Strong support at 25-26 cent

tuapuikia

2,346 posts

Posted by tuapuikia > 2020-06-03 09:17 | Report Abuse

time to be in

btuscy

1,134 posts

Posted by btuscy > 2020-06-03 09:19 | Report Abuse

thank u seller at 0.255 :)

tuapuikia

2,346 posts

Posted by tuapuikia > 2020-06-03 09:22 | Report Abuse

Don't miss another new high!!

Jasonlcs

73 posts

Posted by Jasonlcs > 2020-06-03 09:23 | Report Abuse

Like I said, 0.255 :)

sammmy

1,168 posts

Posted by sammmy > 2020-06-03 09:23 | Report Abuse

It’s very normal to be red in the morning and then green at noon. As usual shake out all the weaken kaki and push up

ray1980

2,992 posts

Posted by ray1980 > 2020-06-03 09:26 | Report Abuse

My guessing is coming,0.245 will be resistance back soon...,why buy in above the price?

ray1980

2,992 posts

Posted by ray1980 > 2020-06-03 09:27 | Report Abuse

Many people dead already,very stupid...

zhm540

2,491 posts

Posted by zhm540 > 2020-06-03 09:28 | Report Abuse

bcmall should benefit with the reopening of business

BullRun_93

1,374 posts

Posted by BullRun_93 > 2020-06-03 09:29 | Report Abuse

@sammmy It’s very normal to be red in the morning and then green at noon. As usual shake out all the weaken kaki and push up
03/06/2020 9:23 AM

Yesterday morning insider news already out. You don't know why all glove making company came down???? which also affected other medical stocks like BCMall......Nobody here will tell you trust me. :)

BullRun_93

1,374 posts

Posted by BullRun_93 > 2020-06-03 09:31 | Report Abuse

Ppl selling like mad yesterday and everyone don't know why

btuscy

1,134 posts

Posted by btuscy > 2020-06-03 09:32 | Report Abuse

@bullrun_93 people selling like mad yesterday is expected because of profit taking la brother, simple.

it is expected

================

BullRun_93 Ppl selling like mad yesterday and everyone don't know why
03/06/2020 9:31 AM

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