Recently many investors sold LB Aluminium to buy Glove stocks. As a result, the price of LB Aluminium dropped and Glove stock prices went up. Fortunately, some serious long-term investors took advantage of the buying opportunity to buy at cheaper prices.
In any case, I just want to point out that its EPS for the last 3 quarters were 1.74 sen, 3.76 sen and 5.99 sen as shown on the table below. Based on its EPS growth, its EPS for the next quarter ending April should be better than 5.99 sen.
China managed to stop the spread of the Covid 19 virus in Wuhan within a few months and all the factories started working full steam ahead.
As a result, China has increased its net import of primary and alloy aluminium to record high in the last 10 years as shown on the above chart.
The chart below shows that the price of aluminium has been going up in the last 1 year. It has gone up about 50% in the last 1 year.
Chart | Stock Name | Last | Change | Volume |
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Created by Koon Yew Yin | Dec 26, 2024
Indonesia is the biggest palm oil producer in the world. Indonesia plans to implement biodiesel with a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, a senior energy ministry offi..
Created by Koon Yew Yin | Dec 13, 2024
Indonesia remains committed to start implementing a 40% mandatory biodiesel mix with palm oil-based fuel, or B40, on Jan 1 next year, its chief economic minister said. Indonesia, the world's largest..
Created by Koon Yew Yin | Dec 12, 2024
Indonesia is the world's largest producer of palm oil, producing an estimated 46 million metric tons in the 2022/23 marketing year. Indonesia also exports over 58% of its production, making it the w..
Created by Koon Yew Yin | Dec 03, 2024
Indonesia is the largest palm oil producer in the world. Indonesia plans to implement biodiesel with a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, a senior energy ministry offi..
Created by Koon Yew Yin | Nov 25, 2024
My younger brother who was a dentist had bipolar disorder. Unfortunately, he committed suicide about 12 years ago.
Created by Koon Yew Yin | Nov 22, 2024
All plantation companies are reporting better profit for the quarter ending September when CPO price was about RM 3,800 per ton.
Created by Koon Yew Yin | Nov 21, 2024
Indonesia is the biggest palm oil producer in the world. Indonesia plans to implement biodiesel with a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, a senior energy ministry offici
Created by Koon Yew Yin | Nov 20, 2024
Indonesia plans to implement biodiesel with a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, a senior energy ministry official said recently, lifting prices of the vegetable oil...
Created by Koon Yew Yin | Oct 30, 2024
Latest poll on 30th Oct 2024
Created by Koon Yew Yin | Oct 30, 2024
Latest poll on 30th Oct 2024
Aluminium price up means raw material of LBALUMINIUM is up woooi .... want to bet on aluminium price . Bursa only got one aluminium producer ! Pmetal
2021-04-17 22:37
smart man. only one bet for aluminium in MY - Pmetal - is champion. It is a winner - like Rolex.
Not a LOSER - like Fool You Yin.
2021-04-17 22:40
What Apek recommend just for reference. Don't follow if you disagree. Not nice to go personal attack !
2021-04-18 11:00
How many articles on LB Aluminium has Old Con posted so far? Pandai pandai
2021-04-18 12:00
Gov’t must consider a second moratorium for loans
Author: savemalaysia | Publish date: Sun, 18 Apr 2021, 9:01 AM
Not much has changed since the first movement control order (MCO) came into effect in March 2020. In fact, the country is still facing restricted movement and a slew of other restrictions that are affecting workers and businesses in various sectors of the economy, all in a negative way.
Amid the nation’s struggle to get the third wave of the COVID-19 infections under control (and with a fourth wave looming over our heads), it is only a given that people are increasingly wondering about the possibilities of the Government introducing another moratorium on loan repayment.
2021-04-18 12:02
aluminium price ups, good for upstream but downstream will affected.in shorterm it may benefit due to the inventory stocks at low cost.some more recently up too much and fast,no share can up non stop.
2021-04-18 12:30
WhyWhyK, may your Soul in peace and Granted pardon from God, for your manipulation of Bilis in this stock.
I feel ashamed if I were him... manipulated Bilis for more than 10 years in Bursa.
2021-04-18 13:46
the market now very bullshit boring even Grandpa K joined the pump and dump mafia
2021-04-18 21:00
3rd article already - dont blame KYY if you are trapped in his iconic pump and dump. later he will say is not obliged for your profit and losses etc
2021-04-19 08:32
bisasa lah. after buy full truck already then only tell ppl buy lah. sama mcm kps, dominion, osk dll
2021-04-19 09:38
means u r selling off same time asking ppl to push up the price for u to sell?
2021-04-20 10:30
arv18
How much did you lose in Supermax? HAHAHAHAHA!!!
2021-04-17 22:09