Koon Yew Yin's Blog

Alcom’s profit up 50% - Koon Yew Yin

Koon Yew Yin
Publish date: Tue, 22 Feb 2022, 09:09 AM
Koon Yew Yin
0 1,446
An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.

All materials published here are prepared by Mr. Koon Yew Yin

Despite KLCI dropped 20 points yesterday, Alcom announced its profit of 7.72 sen EPS for the quarter ending December which is 50% more than its previous quarter of 5.12 sen EPS.

 

Since Aluminium price is going up in Malaysia and in the international market, Alcom will continue to report better profit in the next few quarters. As a result, its share price should continue to go up higher and higher.

Alcom closed at Rm 1.04, an increase of 2 sen yesterday.  

  

 

Related Stocks
Market Buzz
More articles on Koon Yew Yin's Blog
Who will win the Presidential Election? - Koon Yew Yin

Created by Koon Yew Yin | Oct 30, 2024

Latest poll on 30th Oct 2024

Who will win the Presidential Election? - Koon Yew Yin

Created by Koon Yew Yin | Oct 30, 2024

Latest poll on 30th Oct 2024

Wasco expects better profits in coming quarters with robust order book - Koon Yew Yin

Created by Koon Yew Yin | Oct 25, 2024

The group is expected to deliver better profits and revenue from its pipe coating, engineering, and bioenergy segments.

Malaysian Communist Party - Koon Yew Yin

Created by Koon Yew Yin | Oct 14, 2024

Today I read the article by Murray Hunter titled “A Visit to the Malaysian Communist Party tunnels in Betong, Thailand”, which is an important part of Malaysia’s history.

Property Developers comparison - Koon Yew Yin

Created by Koon Yew Yin | Oct 04, 2024

KSL is still the cheapest based on a 4.4 PE ratio, which means its share price should continue to go up. Unfortunately, there are a few small investors who always queue to sell at cheaper prices...

Property Developers comparison - Koon Yew Yin

Created by Koon Yew Yin | Oct 04, 2024

KSL is still the cheapest based on a 4.4 PE ratio, which means its share price should continue to go up. Unfortunately, there are a few small investors who always queue to sell at cheaper prices...

Water pollution in the UK: the causes and effects - Koon Yew Yin

Created by Koon Yew Yin | Sep 06, 2024

Water pollution is a huge challenge for freshwater in the UK, impacting our rivers, streams, and lakes and the wildlife that call them home.

Johor Property Boom - Koon Yew Yin

Created by Koon Yew Yin | Sep 03, 2024

State housing and local government committee chairman Datuk Mohd Jafni Md Shukor said demand for properties in Johor has gone up since last year’s announcement about the SEZ.

KSL’s Profit Record - Koon Yew Yin

Created by Koon Yew Yin | Aug 30, 2024

KSL announced its total 4 quarter EPS of 42.3 sen and its net tangible asset (NTA) backing of RM3.86. It is selling for less than 50% of its net tangible asset (NTA). KSL is undervalued. Its share...

How Malaysia can become a Developed Nation? - Koon Yew Yin

Created by Koon Yew Yin | Aug 26, 2024

In 2012, I wrote my first book “Malaysia: Road Map For Achieving Vision 2020” which was launched by former Financial Minister Tengku Razaleigh.

Discussions
Be the first to like this. Showing 4 of 4 comments

sensonic

Post removed.Why?

2022-02-22 22:27

Sslee

Uncle please read the Q4 2021 financial result.
Manufacturing Revenue RM125.22 million compare to Q4 2020 RM77.58 million.
But make a loss of RM 352,000.

So what are you talking about?
"Since Aluminium price is going up in Malaysia and in the international market, Alcom will continue to report better profit in the next few quarters"

2022-02-23 07:47

sensonic

OIL COUNTERS SHOULD RALLY TOMORROW.

2022-02-24 22:28

SJSOON

ALCOM IS HOPELESS

2022-02-28 20:43

Post a Comment