@carilembu , you tak singgah d Istana semenrara Canone $ Kianjoo thn lepas ? Ada jemputan utk ahli Alcom Towkay sama maa. Byk makanan sedap , you miss out ?
Istana ALCOM , ada delay sikit sbb US-China trade war, mungkin pulih thn ini,dont give up !
WALAO! THOSE WHO LISTEN TO SEE RESEARCH AND BUY BIG SURE SI LIAO NOW! aT LEAST 30% LOSS AND STILL COUNTING! SC already warn of half baked analysts in the forum!
3. Mr. Yeoh Jin Hoe has been accumulating the shares of this counter since 2020 https://klse.i3investor.com/servlets/stk/annchdr/2674.jsp. His purchased price is as high as 58.5sen and today the price is at 56.5sen. Google him and find out how he managed to buy up a giant company like Kian Joo with CAN ONE a mid-size packaging company. Obviously with the backing of some strong financial instuitions.
4. Likely dividend payout if ALCOM continue to perform. Mr. Yeoh's dividend policy is quite generous. Under his stewardship ALCOM has been performing better and better lately.
5. Potential Privatisation exercise like Kian Joo.
6. Check the price chart of Aluminum for the month Jan & Feb and predict how ALCOM will report its earnings in the next quarter https://www.investing.com/commodities/aluminum. CLICK ON THE MONTHLY CHART. PRICE IS NOW ABOVE 2200. Price went up almost 5% yesterday.
7. Downside risk is quite limited as ALCOM has the approval to buy back their shares if the price drop to an attractive level.
8. Check out the website and look at their customers and partners. They are supplying their products to Daikin, York, King Koil and etc. With the new management at the helm things is only going to get better.
9. This is not for day traders, more for position traders that has some holding power for the next quarterly earnings announcement and piggy ride on the recent uptrend of the commodity prices.
10. I have bought some shares in this counter at a higher price and this article is for education purpose only. Please do more research on this company before you decided to invest. Invest at your own risk.
I do agree with you,Trader8899 that alcom at this price is really very very attractive.The chart formation is there already and I am not surprise this counter will go back to 2017 high
Mr. Yeoh is willing to pay 61 sen in 2016 and thereafter executed a capital repayment exercise in 2017, He is getting this company for almost free. In 2020 he is slowing buying up again this counter. Will he again making another draw down through special dividends or capital repayment exercise. https://www.thestar.com.my/business/business-news/2016/08/19/the-rise-of-yeoh Just have to wait for another explosive earnings in the coming quarters.
Yeoh bought when price tumble in March last year after change of govt to push up price from 0.20+ to 0.50+. . Wait at 0.50 to buy and wait for a 1 day push by insiders to lure newbies...Don't listen to Golden Palace story, d story teller will disappear and change his username///
lol....this counter can use chart for indications ?? You will surprise when it suddenly pop up 20 sens and then all the sudden go down 30 sens....lol. The bear and bull are tight together in this counter now. No clear indication. One fine day the boss might decide to privatise the company...who knows.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
michaelwong
3,072 posts
Posted by michaelwong > 2019-09-19 20:03 | Report Abuse
Bankruptcy sooner or later