good close for ALCOM today, hope nxt week even better !!

Wah ! v good deal !!

Sanghero, interesting thought , by when ? Thks

been there since b4 9 am ? i see....

notice the sell Q 98 sen 1067 lots ? like trying to send a msg for sellers , to relax n follow

curi ayam again at 12.29pm sell down by 100 shares, haha !

notice the sell Q 98 sen 1067 lots ? let trying to send a msg for sellers , to relax n follow

wow ! ALCOM has rebounded strongly !

oh, ok, av.3.3014 , thks

Congrats. ! Paktua73, smlm beli 3.31 kan ?

Posted by paktua73 > Jan 11, 2018 03:43 PM | Report Abuse

hurm today will strong support at 1.02
tut tut relax laaa

Paktua, aftr take positions, can tunjuk ajar, what is target to lari ?

cuba blejar sikit , haha !

i think the fund here, not from ALCOM, one, not sure, just a guess..

wish u Good investing/ trading !

just to update, this morning, i will b away, mayb come back in afternoon to give my 2 sens

looks like yesterday, they run out of ammo, need green light to refill

lets see if today, our small fund got top up their bullets from their boss,..

guess Big Brother, dont want to slip, n make sure everything goes smooth,

feel comfortable with this new team, put business first ..

u know, many top top armchair strategists n would b chairman of the board, will b there to shoot Qns..

as u can see, lot of things for new mgmt to work thru, to get ready for coming EGM, for the "bosses" / shareholders to approve the 3 main proposals

mayb ...busy,busy,busy.. meetings,meetings,meetings

a bit disappointed yesterday, did not rebound as expected ?
yes, feel t same way too, no sign of big brother yesterday

Hahaha ! Good night n Good investing tmrw !

3. use rosy word frm forumers (their gang) to entice people to buy their stk tht goes no where but down,n keep giving hope soon it will shoot up bcause the big boss will take action,
its here in I3, haha

cannot take forumer recommendations wholesale..

this guy 's act easy to spot, always pt to himself , n as usual, pt to 'holland' stk, no easy money in investing, cannot forumer word wholesale..

yes, looks like runner, got many runners here, really is a jungle with all kinds of traps..
some cntrs even got their team of staff, who post to generate interest in the counter, n recommend the stk as good value buy.

the forum , act. consist of diff people, but frm same gang !

"The Industrial Park is envisaged to be well-positioned to attract local and foreign small
medium enterprises (SMEs) as well as the growing e-commerce start-ups with its strategic
location in Kota Damansara coupled with salient features such as access to high speed
broadband and well-equipped facilities such as swimming pool, gymnasium, and conference
hall.

The Board envisages the prospects of the project to be positive as the Group will enjoy
favorable take-up rates and occupancy rates given the unique features of the Industrial Park,
particularly the 6-storey drive-up ramps which enables the occupants to load and unload the
supplies and/or products at the doorsteps of their unit "

"Upon completion of the Proposed Acquisition, Alcom
Group intends to venture into the development of the Industrial Park, which will mark the
Group’s first foray into the property development business. The estimated gross development
value of the Proposed Development is envisaged to be at least RM500 million over a period
of 3 to 5 years and the estimated gross development costs is expected to be at least RM425
million based on Alcom’s preliminary estimates, "

"While the Group remains focused on improving the performance of the Existing Business by
enhancing its product offerings and expanding its market share, the Group has also been
actively seeking other opportunities that could enhance shareholders’ long term return.
Therefore, the Group intends to embark on the Proposed Acquisition and Proposed
Diversification to diversify its earning base to include property development and to reduce the
risk of reliance on the Existing Business."

ALCOM announcements in BURSA on 2/1/18 :

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")
On behalf of the Board of Directors of Alcom, UOB Kay Hian Securities (M) Sdn Bhd (“UOBKH”) wishes to announce that the Company proposes to undertake the following:-

(I)
proposed acquisition by EM Hub Sdn Bhd (“EM Hub”), a wholly-owned indirect subsidiary of Alcom, of a parcel of vacant leasehold industrial land held under the land title no. H.S.(D) 242971 PT10568 and H.S.(D) 242972 PT10570, both in Pekan Baru Sungai Buloh, District of Petaling, State of Selangor from Seleksi Megah Sdn Bhd (“SMSB”), a wholly-owned subsidiary of Paramount Corporation Berhad, at a total cash consideration of RM92,129,400 (“Proposed Acquisition”);

(II)
proposed diversification of the principal activities of Alcom and its subsidiaries to include property development activities (“Proposed Diversification”); and

(III)
proposed internal reorganisation by way of a members’ scheme of arrangement under Section 366 of the Companies Act, 2016 comprising the following:-


proposed share exchange of up to 134,330,848 ordinary shares in Alcom as at 26 December 2017, being the latest practicable date prior to the date of this announcement (“LPD”) (“Alcom Share(s)”), representing the entire issued share capital of Alcom with up to 134,330,848 new ordinary shares in Alcom Group Berhad (“Newco”) (“Newco Share(s)”) on the basis of 1 Newco Share for every 1 existing Alcom Share held on an entitlement date to be determined (“Proposed Share Exchange”); and
proposed assumption of the listing status of Alcom by Newco, the admission of Newco to, and withdrawal of Alcom from the Official List of Bursa Malaysia Securities Berhad (“Bursa Securities”) with the listing of and quotation for all the Newco Shares on the Main Market of Bursa Securities (“Proposed Transfer of Listing Status”).
The Proposed Share Exchange and the Proposed Transfer of Listing Status are collectively referred to as the “Proposed Internal Reorganisation”.

In conjunction with the Proposals, on 2 January 2018, Alcom Group had entered into the following agreements:-

(I) a conditional sale and purchase agreement between EM Hub and SMSB in relation to the Proposed Acquisition (“SPA”);
(II) a power of attorney between EM Hub and SMSB in favour of EM Hub in conjunction with the Proposed Acquisition (“Power of Attorney”); and
(III) a conditional scheme agreement between the Company with Newco for the purpose of the implementation of the Proposed Internal Reorganisation (“Scheme Agreement”).
Further details on the Proposals are set out in the attachment below.



This announcement is dated 2 January 2018.





http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=84281&name=EA_GA_ATTACHMENTS

bystander123
1 post
Posted by bystander123 > Jan 11, 2018

THIS CROW ONLY pandai impesonate using "bystander123" id to confuse with "Bystander123" , my id.

LOL !! never seen such a coward, who baling batu , cepat sembunyi !

u cant ask a simple investing related Qn in an investment blog ??
then what are u here then ???
its not even your blog , u are TRESSPASSING here !!
pls check online dictionery, what's the meaning, of TRESSPASSING

pls done pengsan woh !!

pls dont pensan woh !!

should do it today , hahaha !

when was the last time u look at yourself in the mirror, ???

ugly crows of the same blackish feathers will shit together in other people blog, LOL !!

crows of a feather will shit together in other people's blog, LOL !!

p/s this pro investor/trader cant think , or ask the obvious..

LOL !! a pro investor/trader who know it all,
come in to make a scene ,
tresspassing into other people blog,
then disappear like Houdini !!
not a single trace of him here before !!
lost for word to describe this pro , who lagak pandai !!

who is the real dummy ???

its like u go to other people's house n make a scene lol

what t heck is the pro , doing in other people's blog , to lagak pandai ???

isnt it trespassing ???

there are dummy that can think n ask the obvious ,

there are pro investor/trader that already know all

but cant think or ask the obvious,,

Hibiscus : Someone watsapp me ... asking me if Hibicus is a buy. So, I see that as STRONG SELL signal.


not clear, at what price shd sell n what is the support level to buy back ??

normal one, promoter says TP 40 sen mean, u wait until 40 sen, while he cabut at 34-36 (10-15% discount 4 u n good luck, buddy) ! haha

unless these new factors are seen, we shd keep reserves handy n not buy aggressively yet.

just have to wait for fresh catalysts, such as funds get green light to come in with fresh $$$ or big brother, to show his hand.

existing investors show their maturity n foresight to hold firm n absorb the past 2 days high volume of more than 2.68 m shares, v. +ve sign

ALCOM down 3.5 sen not bcause of selling pressure , more of lack of buying support today.

at 93.5 sen, its v good value, n can easily recoup today's 'loss' , once new buying support come in.