Yes ! ! ! finally..on the way...

http://www.bursamalaysia.com/market/listed-companies/company-announcements/#/?category=all&sub_category=all&alphabetical=All&company=2674

MULTIPLE PROPOSALS ALUMINIUM COMPANY OF MALAYSIA BERHAD ("ALCOM" OR THE "COMPANY") (I) PROPOSED ACQUISITION; (II) PROPOSED DIVERSIFICATION; AND (III) PROPOSED INTERNAL REORGANISATION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
ALUMINIUM COMPANY OF MALAYSIA BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description ALUMINIUM COMPANY OF MALAYSIA BERHAD ("ALCOM" OR THE "COMPANY")

(I) PROPOSED ACQUISITION;
(II) PROPOSED DIVERSIFICATION; AND
(III) PROPOSED INTERNAL REORGANISATION

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
The terms used herein shall have the same meaning as those defined in the announcement made on 2 January 2018 unless otherwise stated.



We refer to the announcements dated 2 January 2018, 12 January 2018, 25 January 2018 and 13 February 2018 in relation to the Proposals.



On behalf of the Board, UOBKH wishes to announce that the application in relation to the Proposals have been submitted to Bursa Securities on 15 March 2018.





This announcement is dated 15 March 2018.

ALCOM closed at 79.5 sen, down 0.5 sen, on very low volume of 10800 shares done due to lack of sellers and buyers, all busy digesting news on small cap stocks will shine this year, by CIMB Research.
In fact, today's volume is 2nd lowest for the year, the lowest so far is 10,500 shares on Feb 15, which closed at 81.5 sen. ALCOM then moved up strongly on relatively moderate volume to a high of 88 sen on Feb 21.
Will this pattern be repeated next week ?

Underperforming mid- and small cap stocks will shine, says CIMB Research
http://www.theedgemarkets.com/article/underperforming-mid-and-small-cap-stocks-will-shine-says-cimb-research

crystal clear to all that experienced hands keeping ALCOM safe from curi ayam kakis..haha
WHY, are these pro investors show their presence now ?
could it be they know, anytime now,ALCOM will show its potential..and they want to have the first bragging rights to have seen it coming,..even though still not obvious to most investors
Shouldnt fence sitter, waiting for the gap up signal, start to buy now and not be caught by surprise ..hahaha

wow ! Un wavering tenacity shown here by ALCOM holders ! in the absence of visible good news that is on the way... Just imagine what will happen when the news flow starts...
let's go for win-win..up is the way to go...

best option is to stay put, let the storm blow over, ALCOM is solid safe hse..down a bit due to lack of urgency to top up..wil gap up once the good news flow start..no sell pressure here..
no point switch n get stuck in other counter maa..patience will be rewarded..

Hello ! try win-win, should push up maa... haha

Thanks to determined defense by some ALCOM holders, the curi ayam kakis, who tried to buy cheap, cheap ( try to trigger panic sell), were defeated,..thks to all ALCOM supporters !

that's the problem with a business focus mgmt that dont play play..small investors left hanging on a thread for the concrete +ve news to be out..hahaha

new +ve catalyst for rerating on the way...

PLS REMEMBER NTA IS 89 SEN, will increase whn Qtr results to be ann. soon..
shd not sell for less than 90 sen maa..

i think, ALCOM dividend record is good, as the co. always pay dividend when make profits.
for 2018, the potential share appreciation could overshadow any dividend, as the share price is at the lows..

all ALCOM holders left are patient ..no hurry to sell..can wait for big fish (gain)..haha

let's spread the word ..ALCOM is worth more than NTA 89 sen, forumers experienced views, rm1.23-1.50 by year-end..
let's all raise l Sell price to min. 90 sen ..dont sell so low maa..limited free float left..keep tight tight.. when it moves, it will be gap up... hahaha..

ANTICIPATED RISKS
A competitor in the ASEAN region is installing additional capacity to serve the coated fin market. This additional coated
fin capacity is expected to be coming up in year 2018. At the same time, our additional capacity is also expected to be
installed towards the third quarter of year 2018 and we would be well positioned to face the headwinds before us.
The growth in this segment especially in both Thailand and India will be able to absorb these additional capacities.
However, the competitive risk from China will remain our key concern depending on the outcome of safe-guards and
anti-dumping measures taken by various countries against Chinese suppliers.

FORWARD LOOKING STATEMENT
Looking to the financial period ahead, we expect our domestic market to remain challenging for the building and
construction industry. This will have an impact on both our Roofing and Specialty segments. Although our margin
will be challenged, nevertheless, we are expecting that the efforts we have put into the Roofing segment over the last
few years will sustain the growth we are projecting for this market. As for the Specialty segment, we will be selective
going forward and will rationalise our product offer in this market.
We believe fin stock segment will remain strong but it will be a very competitive market going forward. Some of our
key customers are expanding their manufacturing capacities in the markets we are pursuing. Geographically, we are
expanding ourselves to regions which we have not previously participated to capture a bigger market share globally
as we continue to grow our capacities over the next two (2) y

The main profit contributions comes from exports of coated finstocks used in air-cond.
prospects for this sector continue to be bright, due to expected growth from increased air-cond sales, due to higher stds of living and global warming..(personal view)


extract /summary frm mar.2017 annual rpt :

OVERVIEW OF THE GROUP’S BUSINESS AND OPERATIONS

The Group has been an established aluminium manufacturer in Malaysia since 1960s
with more than 65% of its products being exported. The key business segments that the Group operates are in fin stock, building products, heavy gauge foil and specialties.

The improved profitability was largely due to the focus undertaken by Management in pursuing and growing our
coated fin stock business. In the period under review, the operations team effectively maximised the Coater Line 1
to its full production capacity to cater for the growth in coated fin shipment volumes which increased by 41% over
the last fiscal year. This resulted in the Group celebrating a historical double achievement milestone by recording the
highest monthly production and monthly sales volumes of coated fin in the financial year ended 31 March 2017. This
has set a new benchmark for the Group. The weakening of Ringgit by approximately 4% on average in the financial
year ended 31 March 2017 compared to FYE 2016 also had a positive impact on our export sales portion as it enabled
us to price our export products more competitively. In addition, the low metal premiums have contributed positively towards our margins.

@alenac
you were right though to delay invest in ALCOM, now get better price, although still not at your preferred 60 sen...

The new strategic plan to diversfy into niche property dev. shows that this BOARD is on top of things, they know the business challenges , already come out with alternatives before TRUMP come and kacau .
Let them solve the real business issue,we stick to our roles as armchair strategists n would be Charman..haha

Any business companies in BURSA free of headwinds ? would like some recommendations,thks !
10/03/2018 17:08

Posted by erkongseng > Mar 10, 2018 09:06 AM | Report Abuse

This year's oil industry has two major highlights:
1) Saudi Aramco is listed.
2) China launched RMB to calculate oil futures.
Http://pit.ifeng.com/a/20171116/53304888_0.shtml
3) Crude oil is still the most reliable and easily available source of energy.
Therefore, the crude oil trend is bullish, and the oil stocks Hengyuan will be rejuvenated.

jīnnián shíyóu jiè liǎng dà zhòngtóuxì:
1) Shā dì āměi shàngshì.
2) Zhōngguó tuīchū rénmínbì jìsuàn shíyóu qíhuò.
Http://Pit.Ifeng.Com/a/20171116/53304888_0.Shtml
3) yuányóu réng shì zuì kěkào, qīngyì qǔdé de néngyuán láiyuán.
Yīncǐ yuányóu zǒushì kànzhǎng, shíyóu gǔ héng yuán jiāng chóngxīn dà fàng guāngcǎi.

but today, got determined buying to nudged ALCOm higher by 3 sen, recovered 1/2 of its fall from 84 sen on 27/2. to low of 76 sen on 7/3.

Happy weekend all ALCOM holders !

Yes ! closed higher at 80 sen on v low selling vol. just lack of buying support, keeping ALCOM down.
ALCOM holders get renewed resolve to lock in n look forward to a better next week, haha !

@Raul & The_Reds
Thks for your guidance ,

Arent u the bitcoin guy ? Shd b making tons of money with your bitcoins, ya ..

Yes, looks like many I3 members, can apply to be fund mgrs , for these funds, haha...

In view of confirmed continuing headwinds at macro level in 2018 ,( supercede PR14 n company micro factors) , there is urgency to look at our cash levels.If at 100% invested, will have lot of stress, suggest , pls bring down to 50-60% level , keep cash high at 40-50%.
can be deployed to take short term trading position on oversold stocks with good FA , such as MASTEEL, HIBISCUS, Can monitor TA, TAGLOBAL, MAGNUM for opportunity to enter at lows.
. pls avoid HENGYUAN, PETRONM unless you can do intraday, contra trade.

looks like still need patience with ALCOM., so suggest reduce exposure, until it starts to move again.

Just my views, good luck to all.

Review of ALCOM YTD : 7.3.18 closing price 76.5 sen

2/1/18 closing price = 85 sen , - 10% (based on 2018 1st trading day closing price)
8/1/18 highest price = 1.08 - 29.2% (if bgt at highest)

compare with other counters in your portfolio, how does ALCOM fare in this down market ?

ALCOM latest eps 7.24 sen (3 qtrs only, chg fin. yr)

new story just beginning...

if not on margin..option 1 is preferred, never use margin to trade..double pressure...

Yes, v. bad market 926 down, 124 up, 251 unc
everybody used to bull market, this is what down market looks like..market risk..
either hold tight for storm to pass or start to reduce exposure...

If the market continue to go down like this, then ALCOM may actually outperform !
drop less than many favourites !!
so pls dont give up on ALCOM yet...
... its bouncing nicely at the rock bottom...

Anyway, to put in perspective, Tp of rm1.23 - rm1.50 , by holders, is for end of this yr,aftr EGM to approve BOARD’s new initiatives

Dont expect ALCOM to go much lower, t share buyback could b triggered if drop further

Expected the EGM date to be set by now, maybe mgmt want to get all the approvals for the property project done 1st

Yes, underperforming, if by end of this week, still sleeping, i will start to reduce exposure to this stk, in stages n switch to other stks.

Let’s not b unduly worried, we stick to our roles as armchair would b chairman n let the BOARD deal wit t real issues, we pay them well to do their jobs one...

Yes, big business always got new challenges, that's why a top caliber experienced BOARD n mgmt gives us small holders confidence , to keep n add to our holdings, at this cheap cheap price, notice the low sell Q n bigger buy Q

Thks !

got big brother Q 79 , 2295 lots, collecting ...

just BUY n keep, but when rebound to 85 or more, take some trading profit..

http://www.alcom.com.my/main/profile.php

ALCOM is the leading manufacturer of aluminium rolled products in Malaysia and the surrounding region. With an output capacity of about 30kt per annum, ALCOM has a sizeable market in the ASEAN region, besides the North African and Middle Eastern regions. Almost half of ALCOM's annual production is exported to markets in Thailand, Singapore, Brunei, Philippines, Vietnam, Taiwan, Hong Kong, Japan, South Korea, Middle East, Egypt and Australia.

http://alcom.com.my/main/products.php?cat=22

@JW LEONG, U ARE RIGHT.. ALCOM supply only to Asia Pacific

We are the pioneer and leading supplier of aluminium rolled products in Asia Pacific Region.

Our Expertise
Our Expertise From aluminum building structures and architectural facades to aluminium coil sheets, bare and pre-coated finstocks for the air conditioning industry, heavy gauge foil, to stamps parts for flat-screen TVs, ALCOM is leading the way in creating products that showcase the light, bright and beautiful appearance of our metal.

We are opening up new applications for existing and new customers with the increased demand and diverse applications for aluminium, and we are doing so by leveraging our technologically sophisticated assets and our unique combination of talent and expertise.

rebound shd b coming v soon

buy Q 1590 at 80 sen, big brothers see value ! just buy n keep..if got seller..

looks like testing triple bottom, whc is very +ve, going forward

this results is ok result, still make money, not making a loss, that need immediate cutloss
now is wait for new catalyst to come in, the EGM to ann new strategy going forward, if selldown by interesed parties, means it shd go up aftr this..just my view

Bro Guardize, i notice u agree PE18 is reasonable for SCGM, one of your stk pick,
ALCOM PE is 11 , ok or not ? Thks

So, what price do u think is worth buy in, bro Guardize ? Thks