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2021-04-28 19:29 | Report Abuse
Alcom /2674
============================
Closed
5.00pm
RM 1.17
(+RM 0.03)
Low = RM 1.11
High = RM 1.17
Volume done :7,095 lots
Remarks
Green Candle closing,
With one white soldier, expanding volume =
7,095 lots,
Waiting for the coming 2 long green candles
1 lot =1,000 shares
Stock
2021-04-28 19:12 | Report Abuse
Alcom /2674
Pls understand that the old high was created
29 June 2017 /RM 2.32
Now this period,
28 April 2021, is on uptrend mode,
Almost similar to the
SAME PERIOD OF ALL TIME HIGH,
THE BIG UPSURGE WAS FROM
9 MAY 2017,
CLOSED RM 1.13,
FROM 11 MAY 2017,
BIG SURGE WITH GAP UP OPENING RM 1.32 to
29 June 2017,
closed RM 2.22
From 9 May 2017
RM1. 13 to RM 2.22
Big, BIG GAIN RM 1.09,
CAN YOU BELIEVE THAT THE OLD HIGH,
IS THE SAME PERIOD OF NOW
May 2021,
is it incredibe, following the previous patterns of positive uptrend,
SAME TIME, SAME PERIOD, IN MAY 2017,
AND NOW, IT IS GOOD TO HAPPEN IN
May 2021.
Will the old high RM 2.32/ 2017
can happen in May, June 2021.
Will you miss the big ride in the Elliott Wave,
Uptrend mode, pattern
3rd wave,
4 th wave,
5 th wave
Stock
2021-04-28 19:05 | Report Abuse
Alcom /2674
This share is an uptrend stock,
means that the prices oscillate in up and down daily patterns
higher high,
higher low,
REMARKS
As it is on third time, to attempt to cross the current high RM 1.25,
it will create a breakout decisively with strong buying orders and surge in fast + furious manner,
Meaning "swiftly, lively, and energetically" to the desired level of target price for
(i) short term
RM 1.50
(ii) mid term
RM 2.32 / old high done in 28 May 2017
============================================
Technical Chart
Alreadly , this share form a long flag pole ,
with bullish flag , breakout is RM1.25 ,
with strong surge in volume ,
follow by a few daily sessions.
Stock
Stock
2021-04-26 18:04 | Report Abuse
To :
maggiemee
Old fox sudah profit taking you all still follow him?
Wakakaka
26/04/2021 10:18 AM
==============================================
Alcom /2674
1. For this time,
SEE_Research have to disagree with you,
and also others who may doubt on the positive trend of this share is in progress of uptrend.
1.1 An uptrend technical chart,
describes the price movement of a financial asset, stock,
when the overall direction is upwards mode,
each successive peak and trough
is higher than the ones found earlier in the trend.
1.2 The uptrend is composed of higher swing lows and higher swing highs.
1.3 As long as the price is making these swing lows, much higher,
and making higher high, the uptrend is considered intact.
1.4 Two very common
price actions trading strategies - -
are to buy when the price pull back, or buy on weakness during an uptrend stock.
As the price rises, it will oscillate up and down, the investors believe that the particular stock is on uptrend mode, they can buy during the period of the pulls back
RM 1.14 and subsequently reap the profit from the ensuing price rises, when it reach their desired target price.
1.5 Some traders, prefer to wait for the price to be on more upswing, this means, they may end up, buying near the prior high,
as when the stock surge up into the new high territory,
in this case is RM 1.25/ breakout price.
1.6 In short, this stock is pronounced as an uptrend stock, at
Low RM 1.13
High RM 1.26
1.7 At 4.32 pm,
26 April 2021,
RM 1.14
Closed RM 1.20 ( - RM 0.04)
Short term TP RM 1.50
Mid term TP RM 2.32
======================================≠
Thanks
Stock
2021-04-26 08:20 | Report Abuse
SEE_Research
Answer :-
To : liewkamchong888/
See_ research,
=============================================
On technical strength level,
as per 9.00am 26 April 2021
1 to 10
1 denote the weakest
10 denote the strongest
=============================================
For references, in order to understand so that can be a good guide in buying and selling purposes only
(i) Alcom= 8.5
(ii) EITA =6.5
(iii) EITA WA =6
(iv) A rank =5.5
(v) Press Metal =9
(vi) PMB Technology=8.5
The cloak is ticking near to 9.00 am,
26 April 2021
Monday
Will you be the one being left out, in Alcom
And start kicking on yourself
After end 5.00 pm of 26 April 2021,
As there are numerous reminders to buy,
As there are numerous reminders to add,
REMARKS
(i) in current times,
the April 2021 theme of metal, aluminium companies are
VERY STRONG
(CHECK OUT ON steel - - Ann Joo, Ulicorp,)
(CHECK OUT ON aluminium - Press Metal,
PMB Technology, Alcom).
Alcom /2674
(ii) short term, target price RM 1.50
(ii) mid term, target price RM 2.32/ old high
(iii) closing price,
RM 1.24 as at 23 April 2021
RM 1.25 /year 2021 - high
26/04/2021 6:31 AM
=========================================
SEE_Research
Alcom /2674
For 26 February 2021 onwards,
for serious buyers
Pls buy
Pls add
when the window of opportunities still open , in early morning ,
as the KLSE opens at 9.00 am ,
26 April 2021,
pls do not chase above RM 1.30
(i) short term target price RM 1.50
(ii) mid term target price RM 2.32 / old high
Technical Chart
Alreadly , this share form a long flag pole ,
with bullish flag , breakout is RM1.25 ,
with strong surge in volume ,
follow by a few daily sessions,
upwards in prices,
with strong trade volume,
increasing in buying continuous orders,
bull flags are among the most reliable and effective pattern when display clearly.
26/04/2021 7:00 AM
Stock
2021-04-26 07:55 | Report Abuse
SEE_Research
Answer :-
To : liewkamchong888/
See_ research,
=============================================
On technical strength level,
as per 9.00am 26 April 2021
1 to 10
1 denote the weakest
10 denote the strongest
=============================================
For references, in order to understand so that can be a good guide in buying and selling purposes only
(i) Alcom= 8.5
(ii) EITA =6.5
(iii) EITA WA =6
(iv) A rank =5.5
(v) Press Metal =9
(vi) PMB Technology=8.5
The cloak is ticking near to 9.00 am,
26 April 2021
Monday
Will you be the one being left out, in Alcom
And start kicking on yourself
After end 5.00 pm of 26 April 2021,
As there are numerous reminders to buy,
As there are numerous reminders to add,
REMARKS
(i) in current times,
the April 2021 theme of metal, aluminium companies are
VERY STRONG
(CHECK OUT ON steel - - Ann Joo, Ulicorp,)
(CHECK OUT ON aluminium - Press Metal,
PMB Technology, Alcom).
Alcom /2674
(ii) short term, target price RM 1.50
(ii) mid term, target price RM 2.32/ old high
(iii) closing price,
RM 1.24 as at 23 April 2021
RM 1.25 /year 2021 -current high
Stock
2021-04-26 07:51 | Report Abuse
SEE_Research Alcom /2674
For 26 February 2021 onwards,
for serious buyers
Pls buy
Pls add
when the window of opportunities still open , in early morning ,
as the KLSE opens at 9.00 am ,
26 April 2021,
pls do not chase above RM 1.30
(i) short term target price RM 1.50
(ii) mid term target price RM 2.32 / old high
Technical Chart
Alreadly , this share form a long flag pole ,
with bullish flag , breakout is RM1.25 ,
with strong surge in volume ,
follow by a few daily sessions ,
bull flags are among the most reliable and effective pattern .when display
Stock
2021-04-26 07:00 | Report Abuse
SEE_Research
Alcom /2674
For 26 February 2021 onwards,
for serious buyers
Pls buy
Pls add
when the window of opportunities still open , in early morning ,
as the KLSE opens at 9.00 am ,
26 April 2021,
pls do not chase above RM 1.30
(i) short term target price RM 1.50
(ii) mid term target price RM 2.32 / old high
Technical Chart
Alreadly , this share form a long flag pole ,
with bullish flag , breakout is RM1.25 ,
with strong surge in volume ,
follow by a few daily sessions,
upwards in prices,
with strong trade volume,
increasing in buying continuous orders,
bull flags are among the most reliable and effective pattern when display clearly.
Stock
2021-04-26 06:52 | Report Abuse
SEE_Research
Answer :-
To : liewkamchong888/
See_ research,
=============================================
On technical strength level,
as per 9.00am 26 April 2021
1 to 10
1 denote the weakest
10 denote the strongest
=============================================
For references, in order to understand so that can be a good guide in buying and selling purposes only
(i) Alcom= 8.5
(ii) EITA =6.5
(iii) EITA WA =6
(iv) A rank =5.5
(v) Press Metal =9
(vi) PMB Technology=8.5
The cloak is ticking near to 9.00 am,
26 April 2021
Monday
Will you be the one being left out, in Alcom
And start kicking on yourself
After end 5.00 pm of 26 April 2021,
As there are numerous reminders to buy,
As there are numerous reminders to add,
REMARKS
(i) in current times,
the April 2021 theme of metal, aluminium companies are
VERY STRONG
(CHECK OUT ON steel - - Ann Joo, Ulicorp,)
(CHECK OUT ON aluminium - Press Metal,
PMB Technology, Alcom).
Alcom /2674
(ii) short term, target price RM 1.50
(ii) mid term, target price RM 2.32/ old high
(iii) closing price,
RM 1.24 as at 23 April 2021
RM 1.25 /year 2021 - high
26/04/2021 6:31 AM
Stock
2021-04-26 06:49 | Report Abuse
SEE_Research
Answer :-
To : liewkamchong888/
See_ research,
=============================================
On technical strength level,
as per 9.00am 26 April 2021
1 to 10
1 denote the weakest
10 denote the strongest
=============================================
For references, in order to understand so that can be a good guide in buying and selling purposes only
(i) Alcom= 8.5
(ii) EITA =6.5
(iii) EITA WA =6
(iv) A rank =5.5
(v) Press Metal =9
(vi) PMB Technology=8.5
The cloak is ticking near to 9.00 am,
26 April 2021
Monday
Will you be the one being left out, in Alcom
And start kicking on yourself
After end 5.00 pm of 26 April 2021,
As there are numerous reminders to buy,
As there are numerous reminders to add,
REMARKS
(i) in current times,
the April 2021 theme of metal, aluminium companies are
VERY STRONG
(CHECK OUT ON steel - - Ann Joo, Ulicorp,)
(CHECK OUT ON aluminium - Press Metal,
PMB Technology, Alcom).
Alcom /2674
(ii) short term, target price RM 1.50
(ii) mid term, target price RM 2.32/ old high
(iii) closing price,
RM 1.24 as at 23 April 2021
RM 1.25 /year 2021 - high
26/04/2021 6:31 AM
Stock
2021-04-26 06:31 | Report Abuse
SEE_Research
Answer :-
To : liewkamchong888/
See_ research,
=============================================
On technical strength level,
as per 9.00am 26 April 2021
1 to 10
1 denote the weakest
10 denote the strongest
=============================================
For references, in order to understand so that can be a good guide in buying and selling purposes only
(i) Alcom= 8.5
(ii) EITA =6.5
(iii) EITA WA =6
(iv) A rank =5.5
(v) Press Metal =9
(vi) PMB Technology=8.5
The cloak is ticking near to 9.00 am,
26 April 2021
Monday
Will you be the one being left out, in Alcom
And start kicking on yourself
After end 5.00 pm of 26 April 2021,
As there are numerous reminders to buy,
As there are numerous reminders to add,
REMARKS
(i) in current times,
the April 2021 theme of metal, aluminium companies are
VERY STRONG
(CHECK OUT ON steel - - Ann Joo, Ulicorp,)
(CHECK OUT ON aluminium - Press Metal,
PMB Technology, Alcom).
Alcom /2674
(ii) short term, target price RM 1.50
(ii) mid term, target price RM 2.32/ old high
(iii) closing price,
RM 1.24 as at 23 April 2021
RM 1.25 /year 2021 - high
Stock
2021-04-26 00:31 | Report Abuse
paultheoct
SEE_Research:
Thanks for your updates. I've top-up around 1.15. Will try not to buy beyond 1.30
(sometimes kept chasing)
25/04/2021 11:23 AM
===================================≠======
1. Good to hear from you, that you are honest to mentioned 2 points,
1.1 add on RM 1.15, good for you
1.2 sometimes, can chase beyond RM 1.30
For real investors
To buy
To add
2. Pls initiate the buy orders in the early morning,
9.00 am,
26 April 2021
Monday
Technical chart
2.1 This share will surge strongly in prices,with increasing trades volume,
for 3 daily sessions to create new high for 2021.
Some of the would be investors
will be looking,
looking,
looking
with surprises on the spike on the uptrend mode,
not following
hayato03
paultheoct
liewkamchong888 and other investors,
You will not the one to miss on this strong run up to
short term
Target Price RM 1.50?
Do not be the one to kick yourself,
upon sighting on the numerous reminders.
Pls do not chase beyond RM 1.30
Stock
2021-04-25 19:05 | Report Abuse
Alcom /2674
For 26 February 2021 onwards,
for serious buyers
Pls buy
Pls add
when the window of opportunities still open , in early morning ,
as the KLSE opens at 9.00 am ,
26 April 2021,
pls do not chase above RM 1.30
(i) short term target price RM 1.50
(ii) mid term target price RM 2.32 / old high
Technical Chart
Alreadly , this share form a long flag pole ,
with bullish flag , breakout is RM1.25 ,
with strong surge in volume ,
follow by a few daily sessions ,
bull flags are among the most reliable and effective pattern .when display.
Stock
2021-04-25 13:31 | Report Abuse
To : clementw
SEE_Research, already replied to you,
1.23 pm, 25 April 2021
your enquiry on 9.32 pm, 24 April 2021,
[messenger.i3investor.com]
Stock
2021-04-25 11:06 | Report Abuse
hayato03
See research
is really give a good explanation and analysis on Alcom and also Eita. Anyone need to understand more can pm him and he will contact with you very soon. Dont miss the chance, monday will collect more on this counter
24/04/2021 6:32 PM
,=========================================
Reply to hayato03
To :all REAL INVESTORS
OF Alcom /2674
Technical Chart Analysis
1. From 24 February 2021 to 10 March 2021,
Closed RM 0.67
A cup - - formed
2. From 11 March 2021 to 25 March 2021,
Closed RM 0.81
A handle (higher) - - formed
3. From 25 March 2021 to 8 April 2021 /
Closed RM 0.785
A cup - - formed
4. From 9 April 2021,
Opening RM 0.80
(gap up in the opening of RM 0.02)with
closed RM 0.89
To 14 April 2021,
4 trading days to
forming a
long bullish pole
with flag
Closed RM 1.22
5. The positive flag
from 15 April 2021 to 23 April 2021
(7 trading days)
exhibiting on the breakout price RM 1.25,
REMARKS
SEE_RESEARCH MENTIONED MANY TIMES,
PLEASE CHECK ON EARLIER POSTS,
EXAMPLE
(i) 6.34pm, 19 April 2021
(ii) 8.29 am, 22 April 2021
[before the KLSE OPENS]
(iii) 6.24 am, 24 April 2021
[ before the KLSE OPENS]
(iv) 9.30am, 24 April 2021
[ before the KLSE OPENS FOR
26 April 2021, Monday]
Again, for those investors who do not understand fully on technical charts,
(a) the current resistance is RM 1.25,
Upon crossing of
this resistance RM 1.25,
it is termed as
positive breakout
(b) most of the times, it will form
a long pole again, on the uptrend mode to
Mid term Target Price
RM 1.59 to
RM 1.62
R/RM 1.59
(c) See_research spotted this early GEM,
in February, early March 2021,
Example 2 March 2021 - closed RM 0.565
(bought RM 0.56 to RM 0.65)
BUT NOBODY AT THAT TIME,
NOT EVEN GOOD FRIENDS BOUGHT EVEN FOLLOW TO BUY AT THAT TIME,
ONLY ONE CLOSE RELATIVE BOUGHT AT
RM 0.61 and sold out early at RM 0.69
++++++++++++++++++++++++++++++++++++++++++
Remarks
(i) it will not be the first time of not understanding to buy at RM 0.56 to RM 0.65,
(ii) it will not be the second time of not understanding to buy at RM 0.86
level
(Pls see recent posts -11.49 am, 9 April 2021)
Results : very little amount of people believed and become investors)
(iii) liewkamchong888 - -
After reading on SEE - Research posts,
bought
It was mentioned in his post
1.47pm,
9 April 2021,
This person bought in the morning of
9 April 2021, prices were around
RM 0.80 to RM 0.85,
is it a good buy?
You can answer, quietly or loudly
At that time - 9 April 2021
Many comments from my close friends,
Should have follow liewkamchong888,
There are also many of you out there
looking,
looking?
looking???
(iv) Yahoo128, commented
SEE_Research, I must say this, your projections and analysis on
Alcom is damn awesome
I do think your mid term projection may come true.
This sector is in play and
RM 1.50 should not be an issue.
Tks a million
Reported 7.05 pm, 14 April 2021
(v) paultheoct,
Bought,
Added
on Alcom,
Reported 12.55pm, 17 April 2021
(vi) hayato 03
Bought RM 0.70+
Reported 12.40 pm, 24 April 2021
(vii) hayato 03
Hight light the remarks
"hayato03 See research is really give a good explanation and analysis on Alcom
and also Eita.
Anyone need to understand more can pm him and
he will contact with you very soon.
Dont miss the chance, monday"
Now, 11.00am, 25 April 2021,
more believers on
Alcom /2674,
SEE_Research, mentioned Alcom /2674
At that time end February 2021, early March 2021,
At that time,
BUT AT LOW PRICES ON
RM 0.56 to RM 0.65,
Nobody believed ____?
In the short period,
When it arrives at RM 1.50 level,
More would be investors who have great interest in this stock, will be asking for the entry prices.
More, more would be investors who have gigantic interest in this stock,
will be asking for the entry prices.
Already mentioned, pls do not chase above
RM 1.30
Stock
2021-04-24 13:06 | Report Abuse
TO : hayato03
===========================================================================
a. pls list your contact number --?
messenger.i3investor.com
b. shall communicate with you directly, and will share with you
another big gainer stock like Alcom
c. Alcom, great discovery at RM 0.56 / 16 Feb 2021 to RM 0.65 ,(bought )
but nobody at that time , not even good friends even follow to buy very cheap at that time .
d. just wait for short period , another 9 trading days , your financial rewards will be bountiful.
Sincerely
Stock
2021-04-24 10:26 | Report Abuse
To :
Bgt 9963 Good morning...!
=========================================
Alcom /2674
IMPORTANT MESSAGE NUMNER 1
(9.30am, 24 April 2021)
Pls read on the above message,
9.30 am, 24 April 2021
AND PLS TAKE THE NECESSARY ACTIONS
FOR BUYING,
FOR ADDING
OPPORTUNITIES ON ALCOM
REMARKS
PLS DO NOT CHASE AFTER THE PRICES SURGE UP And cross
ABOVE RM 1.30
SINCERELY
Stock
2021-04-24 09:30 | Report Abuse
To : all real Alcom investors
To :Alcom investors
whose portfolio also in
Jaks
========================================
Alcom /2674
1. From the coming week, from 26 April 2021,
Monday onwards, it has an opportunity window at RM 1.25, RM 1.26 for buy consideration,
Do not start chasing above RM 1.30 levels.
2. For long term investors of Jaks,
it will be good to sell some of Jaks investments,
Reasons :as from
01 January 2021 to 23 April 2021, the share prices are not moving upwards, even the
2 coal fired power plants are in commercial operations, meaning these 2 coal fired plants in
Hai Duong, Vietnam
Already producing continuously electricity to the Vietnam users but the share prices are not exhibiting in the positive direction,
instead from RM 0.90 to RM 0.58 level,
it will be a serious consideration to sell some of Jaks and buy into Alcom /2674 immediately, in
KLSE market opening - 26 April 2021
around RM 1.25, RM 1.26 level
and in short term
when Alcom reaching
the target price RM 1.50,
Can consider to take profit,
By so doing you can take advantage of Alcom uptrend ride, then you can consider to buy
Jaks at RM 0.58 to RM 0.62 levels,
if you so choose to buy Jaks again.
Remarks
It is morally not correct to disclose the actual reasons on Jaks current situations,
the actual reasons why the prices have not moved in positive trends, which the prices should. Instead the prices are in downwards drifts.
My reasons of not further disclosures on the actual reasons, are morally concluded,
when further announce,
it can create further selling activities,
that are detrimental to the said share prices.
Thanks
Stock
Stock
2021-04-22 21:50 | Report Abuse
Alcom /2674
The above WhatsApp picture showing,
Alcom is in the process of forming a cup and handle,
with the next target price of RM 1.50,
Strong resistance
RM 1.59 to RM 1.62
Stock
2021-04-22 08:29 | Report Abuse
To :
clementw Aluminum Futures - (MALTRc1)
Real investors - - -
Alcom
Real-time derived
Create Alert
Add to Portfolio
2,364.50 +51.25 +2.22%
Today Fly
==============================================
Technical chart
1. When the prices challenge the current high, RM 1.25 and cross confidently, this is the second attempt to cross RM1. 25,
(for references, most of the challenges to cross the current high,
by 3 rd attempt,
the said share will mount with greater power to cross, when cross, it is call a break out)
it will be the right path of positive trajectory, upwards to RM 1.50,
with resistance RM 1.59.
Just be patient for those investors who can wait at RM 1.50 level,
you will be able to achieve huge gains.
Stock
Stock
2021-04-21 20:49 | Report Abuse
This article first appeared in The Edge Malaysia Weekly, on April 12, 2021 - April 18, 2021.
Fu: Being a new player in the market, it is difficult for us to compete in terms of branding, even if we have better equipment (Photo by Suhaimi Yusuf/The Edge)
Fu: Being a new player in the market, it is difficult for us to compete in terms of branding, even if we have better equipment (Photo by Suhaimi Yusuf/The Edge)
-A+A
LOCAL elevator manufacturer EITA Resources Bhd is accelerating the use of technology and articial intelligence (AI) in its lifts to widen their market appeal amid the Covid-19 pandemic.
EITA’s solution involves just a few taps of one’s smartphone to send the lift up or down. It is working on new technologies such as this as an added convenience and to alleviate the sense of fear that some people may have about touching lift buttons.
As it is the only full-fledged local lift manufacturer, group managing director Fu Wing Hoong believes the company needs to differentiate itself from its foreign counterparts, which tend to be better known in the market.
Advertisement
“Being a new player in the market, it is difficult for us to compete in terms of branding, even if we have better equipment,” Fu tells The Edge.
As such, he believes the elevator manufacturer should compete in areas in which it can do its best, such as incorporating new technologies in its elevators, which may help elevate the EITA-Schneider brand name.
Having embraced AI and the Internet-of-Things (IoT), EITA is working on its remote monitoring of elevators in real time for better service response, which would allow technicians to be dispatched to fix or maintain lifts before they break down.
There are more than 30 of these “modernised” lifts already available at nine job sites, although he notes the technology is still at a preliminary stage.
Its research and development team has also come up with IoT lift sensors, which can monitor the performance of an elevator or escalator for predictive and preventive maintenance.
On top of this, add facial recognition, which Fu ties back to AI and security of the future. Based on facial recognition, elevators will have a destination dispatch system integrated.
“Of course, these are not new technologies, but we would like to be in the forefront in terms of application. Now, this is where we have to work hard and also re-strategise in some of the areas in the market that have better potential.”
The new tech lifts are expected to give EITA a competitive advantage in securing new maintenance jobs in the market and to provide recurring income.
Since its inception in 1996 until January this year, the company has handed over 3,567 lifts and is maintaining 2,939 units.
Fu says modernising the lifts will increase the profit margin from the maintenance segment, which boasted a gross profit margin of 35.1% as at Dec 31, 2020.
Embracing Covid-19 as part of operational norm
Tech innovations brought about by the pandemic aside, Covid-19 did have a negative impact on EITA as well, as its business hinges in part on the hard-hit construction industry.
Fu says all businesses and project delivery, except for the lift maintenance segment, were halted during the first phase of the Movement Control Order (MCO) in mid-March last year.
But the lift maintenance business contributed only about 10% of earnings during the period.
Given the circumstances, EITA performed reasonably in FY2020, registering a 17% year-on-year drop in net profit to RM17.29 million, from RM20.83 million, while revenue slipped 6.9% y-o-y to RM284.22 million, from RM305.39 million.
Even though Fu acknowledges it could be another two years before the construction industry picks up, he is optimistic about EITA’s prospects.
There may be fewer new buildings, but there will still be jobs.
By being more effective, Fu expects not only to get a fair share of the jobs, but to exceed it.
“We’d rather look at it positively, as we also don’t believe this Covid-19 situation will end tomorrow. This is the new norm. We accept that Covid-19 is part and parcel of the operational norm … as part of the operational cost.”
Barring unforeseen circumstances, Fu expects growth in earnings performance in the financial year ending Sept 30, 2021 (FY2021), driven by the elevator business and power substation jobs.
For the first quarter of FY2021, EITA’s net profit was flat at RM6.03 million, while revenue slipped 5.5% y-o-y to RM66.15 million, from RM70.02 million.
Fu says the company’s order book stood at RM393.47 million as at Dec 31, 2020, from RM492.3 million a year earlier.
Giving an update on the project delivery of the Light Rail Transit 3, he says EITA aims to speed up delivery and complete the job by 2022. The company expects a more “significant contribution” from the LRT3 project this year.
As for the Mass Rapid Transit 2 project, EITA has yet to do the testing, commissioning and handover and inspection, as most of the billings have been
Stock
2021-04-21 18:52 | Report Abuse
SEE_Research
To :liewkamchong888
Is alcom in collection mode ?
What price is safe to enter ?
See-research,
your valued opinion or comment.
16/04/2021 11:06 AM
===================================
=======
For real investors ONLY
=====================================
For Alcom, you are right on collection mode,
for a new beginning from RM 1.00 to
RM 1.50- mid term.
After reaching RM 1.50,
the next resistance is RM 1.59 level,
which will be strong resistance
Then on the journey ahead to visit RM 2.32
==========================================
April 2021
Technical chart, analysis
Low of the days, from this week
1. 12/ Monday /RM0. 905
1.1 13/Tuesday /RM 0.99
1.2 14 /Wednesday /RM 1.05
1.3 15 / Thursday /RM 1.14
1.4 16 / Friday / as at 12.30pm /RM 1.13
It is a new launching pad for this stock,
IMPORTANT POINTS
2. MAKING THE DAYS LOW
IS HIGHER,
Meaning higher low for this week from
12 April 2021
THE WELL SUPPORT LEVELS ARE RM 1.13
Pls refer on 15, 16 April 2021
Price for serious consideration in
to buy
to buy,
to buy,
to add
will be one bit - lower
RM 1.12/
RM 1.13 /
RM 1.14
Stock
Stock
2021-04-19 18:34 | Report Abuse
For real investors,
To buy,
To add,
with serious consideration
=========================================
Alcom /2674
Summary of technical analysis done for quick reference
==========================================
A. 24 February 2021,
RM 0.65/ Low
RM 0.81 / High
Closed RM 0.73
B. 4 trading days, consolidation,
From 2 March to 8 March 2021
C. 9 March 2021,
Closed RM 0.60
D. To 11 March 2021
Closed RM 0.69
E. To 25 March 2021,
11 trading days, closed RM 0.81
F. From 25 March 2021,
5 trading days consolidation.
G. From 2 April 2021,
closed RM 0.72 to 12 April 2021 =
6 trading days uptrend,
12 April 2021 =RM1. 07/ closed
H. From 12 April 2021 /RM 1.07
to 14 April 2021 / Closed RM 1.22
14 April 2021,
Low RM 1.05
High RM 1.25
Closed :RM 1.22
I. From 14 April 2021, consolidate for
4 trading days,
REMARKS
Latest day,
for upwards prices by
21 April 2021 /Wednesday,
Will surge upwards, to target price
RM 1.50
RM 1.60, band
with 6 trading days to
29 April 2021.
================================+===========
Special Highlights
A. Must close above RM 1.26
for the new uptrend,
with strong continued buyings orders to
RM 1.50
B. Strong resistance =R 2 = RM 1.59
Stock
2021-04-18 20:40 | Report Abuse
TO :Hunkyman
Delay this week but not denied.
TO : thesteward
If can close 81.5 next week potentially go 88
=============================================
MHC
Yes, both of you are correct,
this stock has the positive uptrend movement, after reaching
RM 0.88, will reach
the 2 nd target price RM 1.00 and above.
Stock
2021-04-18 17:55 | Report Abuse
MHC/5026
============================================
On technical charts, it is uptrend stock,
within striking distance of old high RM 0.845,
once, it pierces thru it will definitely
create new high, those investors who can wait,
just be patient for the
short term Target Price RM 1.00
Stock
2021-04-18 06:03 | Report Abuse
SEE_Research KUALA LUMPUR (Feb 8):
CGS-CIMB Research believes that
EITA Resources Bhd
deserves a better valuation as the elevator and escalator maker aims to enhance its overseas revenue.
The research house reiterated its "buy" call on the stock and raised its post-bonus issue target price to RM2.08
from RM2.06.
The target price of RM2.08
values the stock at 20 times CY22F P/E (from 10.5 times) which CGS-CIMB said is at about a 30% discount to the global elevator makers’ weighted average 12-month forward P/E of 31 times.
CGS-CIMB’s analyst Kamarul Anwar pointed out that EITA’s net cash rose from RM11.9 million at end-FY9/13 to RM41.2 million at end-FY9/20.
“We also raise our FY9/21-23F net profit forecasts by 4-10% as the company assures us that its operations are not disrupted by the partial lockdowns due to Covid-19,” he said in a note today.
“Earnings from its elevator construction segments should also accelerate as many of the projects in hand are in advanced stages,” he added.
Kamarul also shared that the elevator and escalator maker had disclosed its aspiration of raising its revenue from RM284.1 million in FY9/20 to RM1 billion per annum (p.a.) by FY25 during a conference call last month (Jan 29).
During the session, the group also noted that it is aiming for revenue to grow by over 252% in five years, bringing revenue compound annual growth rate (CAGR) to 28.6%.
Nevertheless, Kamarul said CGS-CIMB is not adopting EITA’s internal ambition as guidance for his forecasts.
“It (EITA) envisions that a sizeable part of the hypothetical RM1 billion per annum revenue would come from mergers and acquisitions (M&As). Without more details, the impact of acquisitions is not something we can forecast,” Kamarul said.
“Besides, EITA’s plans to aggressively grow its overseas operations would require the company to compete directly with established global elevator players. East Asia has become the Mecca for global elevator and escalator manufacturers since this developing region is looking towards high-rise buildings as an economical solution to house the rapidly increasing population. One risk from the stiff competition, we foresee, is it may stifle the group’s plan to build up its overseas revenue,” he added.
He noted that the potential re-rating catalysts include earnings-accretive M&As, new infrastructure-related contract wins and rousing growth in overseas sales. Meanwhile, a total economic lockdown is a downside risk for the stock, he added.
At the time of writing, EITA’s stock was down 3.48% or four sen to RM 1.11.
======================================+===
Remarks
1. CGS - CIMB Bank/ Research
Target Price RM 2.08
2. See _Research
Target Price RM 1.80
, =========================================
Eita /5208
1. See_research recommended to buy with serious consideration at
RM 0.88 to RM 0.92 level,
Closing 16 April 2021 /RM 1.08
(+RM 0.18) from 9 April 2021,
In 9 April 2021, very easy to buy at
RM 0.90
to RM 0.92,
unfortunately no one believe that this stock can perform well from 9 April 2021,
nevertheless,
Eita still a long way to go before reaching
target prices
RM 1.80 to RM 2.08
This stock is an an elevator, lift company that the components of the elevators, lifts, require aluminum alloy.
The components are aluminum alloy, therefore intertwined with aluminum products.
After the aluminum theme, it will be next on aluminum alloy theme, on rotation interests.
On serious note, Eita has just started to be on slightly uptrend after a serious of sideways consolidation period of 2 months from
RM 0.82 to RM 0.88.
A lot of leg room for upwards thrust to reach
RM 1.80
Also can consider the
Eita WA, just new beginning at 10 February 2021, matures 2 February 2024,
Buy consideration RM 0.42 to RM 0.43
Target Price RM 0.54 / short term
Target Price RM 0.88/ mid term
Stock: [CAREPLS]: CAREPLUS GROUP BERHAD
2021-05-01 15:21 | Report Abuse
https://klse.i3investor.com/blogs/see_research/2021-05-01-story-h1564230104-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOWS_PART_9_ALCOM_GROUP_BERHAD.jsp