ALCOM GROUP BERHAD

KLSE (MYR): ALCOM (2674)

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Last Price

0.74

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


1 person likes this.

5,602 comment(s). Last comment by Robert Waters 2023-05-23 22:32

SEE_Research

4,673 posts

Posted by SEE_Research > 2021-04-14 19:05 | Report Abuse

Alcom /2674

===========================================

(1) Do you have some understanding that
old high for this stock?
----?

(1.1) This stock old high was RM 2.32 done on
29 June 2017,
From previous analysis,
From 30 May 2017,
At RM 1.35,

(1.2)With 20 trading days,
from 30 May 2017 /RM 1.35 to
29 June 2017/RM 2.32,

Share prices movements in technical chart,
can behave in their previous manner,
can Alcom /2674 follow up on her previous technical pattern,
(a) 4 trading days resting =
from 2 June 2017 to 7 June 2017
(RM 1.54 to RM 1.61)

(b) 3 trading days resting =
from 13 June 2017 to 15 June 2017
(RM 1.75 to RM 1.85)

(c) 4 trading days resting =
from 19 June 2017 to 22 June 2017
(RM 1.91 to RM 2.08)

(d) 3 training days onwards
from 23 June 2017 to 29 June 2017
Reaching the old high RM 2.32

=========================================
Remarks

Can history repeat itself,
Time will tell, more important it needs to reach
RM 1.59/ R 2
======================================+=====

For those investors who can wait, the next target,
mid term RM 1.50,

New catalyst, on the likely
" merger + acquisition" theme by the king of aluminium -
Press Metal /8869
PMB Technology Bhd /7172

PMB Technology Bhd
is the official sub contractor in building the exterior facade, claddings, wall curtains for
Marina Bay Sands Hotel +Resort,
10, Bayfront Avenue,
Singapore 018956

Alcom Bhd /2674
is the official sub contractor in building the exterior facade, claddings, curtain walls for
Petronas Twin Towers,
Kuala Lumpur City Centre,
Jalan Ampang,
Kuala Lumpur


Both are reputable aluminum facade, claddings, wall curtains panels,
Manufacturers having its in house plants,

Using their in house technology in using the aluminium composite materials / ACM,
these materials are distinguished by their unique features, it's lightweight, yet high rigidity qualities, excellent flatness and more importantly long lasting - coating qualities are just the construction industry required?

For your better understanding, every week, Monday, Wednesday, Friday, there were 3 units x 40 footer long conventional lorries from PMB Technology Berhad, Balakong, Selangor to Marina Bay Sands , Singapore for one whole year of 2010, meaning 156 units of 40 footer types of long lorries, just imagine the huge load of aluminium facades and claddings, wall curtains panels, were commissioned in the Marina Bay Sands Hotel + Resort, Singapore


Now, you can understand their business similarity, two of a kind, a twin?

Can it be a real winner for Alcom /2674,
when the target company on takeover company will offer the premium especially in driving up the stock prices.

Yahoo128

222 posts

Posted by Yahoo128 > 2021-04-14 19:05 | Report Abuse

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 1.50 should not be an issue. Tks a million.

SEE_Research

4,673 posts

Posted by SEE_Research > 2021-04-15 13:13 | Report Abuse

SEE_Research Alcom /2674

===========================================

(1) Do you have some understanding or rather done deep researches on
old high for this stock?
----?

(1.1) This stock old high was RM 2.32 done on
29 June 2017,
From previous analysis,
From 30 May 2017,
At RM 1.35,

(1.2)With 20 trading days,
from 30 May 2017 /RM 1.35 to
29 June 2017/RM 2.32,

Share prices movements in technical chart,
can behave in their previous manner,
can Alcom /2674 follow up on her previous technical pattern,
(a) 4 trading days resting =
from 2 June 2017 to 7 June 2017
(RM 1.54 to RM 1.61)

(b) 3 trading days resting =
from 13 June 2017 to 15 June 2017
(RM 1.75 to RM 1.85)

(c) 4 trading days resting =
from 19 June 2017 to 22 June 2017
(RM 1.91 to RM 2.08)

(d) 3 trading days onwards
from 23 June 2017 to 29 June 2017
Reaching the old high RM 2.32

=========================================
Remarks

Can history repeat itself,
Time will tell, more important it needs to reach
RM 1.59/ R 2
======================================+=====

For those investors who can wait, the next target,
mid term RM 1.50,

New catalyst, on the likely
" merger + acquisition" theme by the king of aluminium -
Press Metal /8869
PMB Technology Bhd /7172

PMB Technology Bhd
is the official sub contractor in building the exterior facade, claddings, wall curtains for
Marina Bay Sands Hotel +Resort,
10, Bayfront Avenue,
Singapore 018956

Alcom Bhd /2674
is the official sub contractor in building the exterior facade, claddings, curtain walls for
Petronas Twin Towers,
Kuala Lumpur City Centre,
Jalan Ampang,
Kuala Lumpur


Both are reputable aluminum facade, claddings, wall curtains panels,
Manufacturers having its in house plants,

Using their in house technology in using the aluminium composite materials / ACM,
these materials are distinguished by their unique features, it's lightweight, yet high rigidity qualities, excellent flatness and more importantly long lasting - coating qualities are just the construction industry required?

For your better understanding, every week, Monday, Wednesday, Friday, there were 3 units x 40 footer long conventional lorries from PMB Technology Berhad, Balakong, Selangor to Marina Bay Sands , Singapore for one whole year of 2010, meaning 156 units of 40 footer types of long lorries, just imagine the huge load of aluminium facades and claddings, wall curtains panels, were commissioned in the Marina Bay Sands Hotel + Resort, Singapore


Now, you can understand their business similarity, two of a kind, a twin?

Can it be a real winner for Alcom /2674,
when the target company on takeover company will offer the premium especially in driving up the stock prices.
14/04/2021 7:05 P

SEE_Research

4,673 posts

Posted by SEE_Research > 2021-04-15 14:03 | Report Abuse

For 12.30pm, 15 April 2021,
============================================
Any investors, search on the biggest gainer list by price,
the number 1 biggest gainer is
Press Metal /8869
Closed RM 10.60
(+RM 0.58)

REMARKS
CREATED NEW HISTORICAL HIGH RM 10.62

(a) The main catalyst of this aluminum KING is prudence management on practical business affairs, building good working relationships with main customers, high quality connections through respectful engagement, considering many different factors in final business decision - making, effective communication with stakeholders skills, developing new workable ideas to solve customers ' problems, building trust factor within the team,
Most importantly, the main leader is an extremely talented leader in the whole organization,
Tan Sri Dato' Koon Poh Kong/ Paul
Well assisted by the Koon brothers
(i) Koon Poh Ming
(ii) Dato Koon Poh Tat
(iii) Koon Poh Weng (known for business on the ground /street smart)
(iv) Koon Poh Kong

(b) The second catalyst is the coming bonus issue, that excites the investors interest.
On the basis of one bonus share for one existing share held on 5.00 pm, 20 April 2021.
=========================================
Founded in 1986, started as a local aluminum extrusion company, follow by 30 years of continuous growth and expansion,
today Press Metal is a global, integrated aluminum producer with the largest presence in South East Asia, products serve many industries throughout the wide world, with wide ranges of top automotive, aviation companies that are leading technology giants.

==========================================

Vision
The beliefs are in our guiding principles of
Business Acumen,
Quality Excellence,
Global Outlook,
Focused Teamwork
Social Responsibility

Continuous improvement in Expansion

Remarks
Will not be surprise that
Press Metal is look on the current favorable situations in the Malaysian scene, not excluding some attractive KLSE listed companies,
Example : Alcom /2674
that have similar business profiles that can enhance and add value
on its continuous expansion programs.

Mikecyc

46,719 posts

Posted by Mikecyc > 2021-04-15 23:17 | Report Abuse

Referred to FY20 Q4 ended Dec 2020:

a) Financial assets

Trade n other receivables 41,338,000

Cash n bank balances 48,109,000

total = 89,447,000

b) Financial liabilities

Loans and borrowings 172,422,000

Trade and other payables 65,497,000

Lease liabilities 2,086,000

total = 240,005,000


a) - b ) = ( 150,558,000 )

Mikecyc

46,719 posts

Posted by Mikecyc > 2021-04-15 23:18 | Report Abuse

Share capital 104,778,000

Other Reserves —

Retained earning 18,675,000

Total Equity = 123,453,000


Loans and borrowings 172,422,000


Gearing Ratio : 1.40 ... High risk

Mikecyc

46,719 posts

Posted by Mikecyc > 2021-04-15 23:19 |

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Mikecyc

46,719 posts

Posted by Mikecyc > 2021-04-15 23:22 | Report Abuse

Financial Year Revenue ('000) Net ('000) EPS Report
31 Dec, 2020 316,402 1,316 0.98

31 Dec, 2019 372,653 -176 0.25 View

31 Dec, 2018 385,703 3,437 2.56 View

Mikecyc

46,719 posts

Posted by Mikecyc > 2021-04-15 23:23 |

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Mikecyc

46,719 posts

Posted by Mikecyc > 2021-04-15 23:24 |

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Mikecyc

46,719 posts

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Mikecyc

46,719 posts

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Mikecyc

46,719 posts

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Mikecyc

46,719 posts

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SEE_Research

4,673 posts

Posted by SEE_Research > 2021-04-15 23:59 |

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SEE_Research

4,673 posts

Posted by SEE_Research > 2021-04-16 00:07 | Report Abuse

To :Mikecyc
=========================================
Remarks
After all, at least you are not a politician,
turning here and turning there, finally jump here and there - - just like frogs
from the not so far away land, from
North Borneo, or rather nearby in our land.

Can learn to follow and really, many look up to
" yongyong88" for his immediate acknowledgement on his error,
we are human, including myself also made numerous errors in my life.
Also, after discovering the truth, not shy to admit, with conclusive evidence,
and repent, by not doing repeatedly again

Mikecyc, are you a man or a man wearing skirt? .

Be a man, if and when you have done something wrong, stand up for it, upon the understanding a person has done wrong,
can learn to extend your apology,
can learn from others who are your good friends, if not,
learn from yongyong88, perhaps, some hands will be extended to you.

Thanks

Mikecyc

46,719 posts

Posted by Mikecyc > 2021-04-16 00:17 |

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Mikecyc

46,719 posts

Posted by Mikecyc > 2021-04-16 00:18 |

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Mikecyc

46,719 posts

Posted by Mikecyc > 2021-04-16 00:20 |

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Mikecyc

46,719 posts

Posted by Mikecyc > 2021-04-16 00:20 | Report Abuse

Hsha all these are Financial data n facts loh ..

Mikecyc

46,719 posts

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Mikecyc

46,719 posts

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Mikecyc

46,719 posts

Posted by Mikecyc > 2021-04-16 00:32 |

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SEE_Research

4,673 posts

Posted by SEE_Research > 2021-04-16 00:51 |

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Mikecyc

46,719 posts

Posted by Mikecyc > 2021-04-16 07:52 |

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Mikecyc

46,719 posts

Posted by Mikecyc > 2021-04-16 07:55 |

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Mikecyc

46,719 posts

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Mikecyc

46,719 posts

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Mikecyc

46,719 posts

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Mikecyc

46,719 posts

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Mikecyc

46,719 posts

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Mikecyc

46,719 posts

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Sslee

6,833 posts

Posted by Sslee > 2021-04-16 08:48 | Report Abuse

Mike,
Go back to your MCA con stock PA and please do not sleep talking to yourself about yourself so embarrassing.

PA financial data:
Ann. Date: Quarter:Revenue: PBT: NP: NP to SH: NP Margin: ROE: EPS: DPS: NAPS
Financial Year: 30-Jun-2021
22-Feb-2021 31-Dec-2020 73,370 6,562 6,562 6,562 8.94% 4.46% 0.58 0.50 0.1311
23-Nov-2020 30-Sep-2020 62,761 3,405 3,405 3,405 5.43% 2.52% 0.15 0.00 0.0613

Last quarter: EPS: 0.58 cents and NAPS: 0.133

Mikecyc

46,719 posts

Posted by Mikecyc > 2021-04-16 09:06 | Report Abuse

1.170 ↑
+0.030 (+2.63%)
Watchlist

Category : Industrial Products & Services - Main Market
High 1.170
Low 1.150
Volume 76,100
Volume (B/S) 34,900 / 17,900
Price Bid/Ask 1.170 / 1.180

Mikecyc

46,719 posts

Posted by Mikecyc > 2021-04-16 09:07 |

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Mikecyc

46,719 posts

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Mikecyc

46,719 posts

Posted by Mikecyc > 2021-04-16 09:13 | Report Abuse

1.190 ↑
+0.050 (+4.39%)
Watchlist

Category : Industrial Products & Services - Main Market
High 1.200
Low 1.150
Volume 287,300
Volume (B/S) 1,500 / 18,000
Price Bid/Ask 1.190 / 1.200

52w 0.350 - 1.250
ROE

Mikecyc

46,719 posts

Posted by Mikecyc > 2021-04-16 09:13 |

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meistsk3134

2,368 posts

Posted by meistsk3134 > 2021-04-16 09:15 | Report Abuse

from 80 cent to 1.20

Posted by paultheoct > 2021-04-16 10:49 | Report Abuse

Mikecyc:

In your financial assets vs liabilities analysis, you have omitted PPE of 72M and inventories of 213.9M. Those need to be added to the assets in order to present a complete picture.

The debt to equity ratio is not really a big concern (try computing D/E ratio for Press Metal). The increase in loans and borrowings matched the increase in inventories. And with rising aluminium prices, the value in inventories and subsequent sales will also increase. In addition, the banks would have done their credit analysis to assess the risk.

It's incorrect to state that the directors are disposing of their shares. It was SCland Holdings that disposed the shares. The block of shares disposed by SCland was actually acquired by the directors. See also https://www.theedgemarkets.com/article/alcom-groups-secondlargest-shareholder-disposes-stake .

Posted by liewkamchong888 > 2021-04-16 11:06 | Report Abuse

Is alcom in collection mode ? What price is safe to enter ? See-research, your valued opinion or comment.

Sslee

6,833 posts

Posted by Sslee > 2021-04-16 11:57 | Report Abuse

Mike,
Pity PA no bank dare to lend money to PA and PA need to do PP at a discount.

Some company no bank want to lend them the money hence PP with 20% discount and still not fully subscribe to raise cash of a mere RM 16.9 million. What a pathetic company.

Resolution Vote in favour Vote Against Results
No. of Shares % No. of Shares %
Ordinary Resolution 1 - Proposed Private Placement of up to 525,529,762 new Ordinary Shares in P.A. Resources Berhad ("PARB") ("Placement Share(s)") representing up to 20% of the total number of Issued Shares of PARB.
522,057,180 100.000000 0 0.000000 Carried
Ordinary Resolution 2 - Proposed Subscriptions of an aggregate of 88,891,000 Placement Shares at an Issue Price of RM0.045 per Placement Share by Datuk Seri Lau Kuan Kam, Wang Sze Yao @ Wang Ming Way and Hoe Thiam Soon, collectively, to be satisfied entirely via cash. 522,057,180 100.000000 0 0.000000 Carried

21:STATUS OF CORPORATE PROPOSALS
On 21 Jun 2019, the Company proposed to undertake a Private Placement of up to 20% of the total number of issue share of PARB to third party Investor(s). A total of 374.1m placement shares with a value of MYR16.9m were issued pursuant to the said proposal. This exercise was completed on 02nd December 2019.

Utilisation of proceeds
Proposed Utilisation: Actual Utilisation
Capital expenditure: 8,350,000: 4,392,000
Working Capital: 8,334,000: 12,370,000
Estimated expenses: 150,000: 150,000

SEE_Research

4,673 posts

Posted by SEE_Research > 2021-04-16 15:21 | Report Abuse

a

Posted by paultheoct > 2021-04-16 15:45 | Report Abuse

Without access to cheap bank funding, PA Resources have failed to build up inventories and consequently will be at mercy of sharp aluminium price increases and margins will be squeezed.

Alcom PA
NTA 0.92 0.13
PTBV 1.28 3.93
Inventories 213.9M 23.3M
Revenue 316M 200M
Market Cap 158.5M 614M

The key indicators are showing that Alcom is in a superior position for either recovery or aluminium plays.

Longer term, either Alcom will move up to 3.66 per share or PA will drop to 0.16 per share

SEE_Research

4,673 posts

Posted by SEE_Research > 2021-04-17 04:38 | Report Abuse

Aa

SEE_Research

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SEE_Research

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Posted by SEE_Research > 2021-04-17 05:06 |

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