LBALUM's profits more than doubled compared to previous quarter, hence share price has been reacting prior to the release of result yesterday.
Given the same industry, ARANK is having a breakout ahead of their quarterly result this month, based on the momentum we expect further upside should be seen towards RM0.65-0.68. Support at RM0.585.
Current LBALUM's PE stood at ~18.8x, while ARANK is trading around 13.2x, implying upside potential of >30%.
Arank seems highly correlated to price of Alum. Copper has seen 3mon upside of 20%. Copper has been a laggard at only around 7%. Both are industrial metals and Copper is also expected to also join in the commodity bull cycle soon. Let's be agile, wait for the signs of turning and go big! Huat2 Happy CNY! Year of the Ox, cousin of the Bull! Bear is gone for hybernation in 2021!
LBalum up 12% yesterday. Arank to follow? Both has same common shareholders. Arank has secure market by supplying aluminium billets to LB. Low PE at current price. Might follow LB uptrend next week.
lousy la arank. so slow. mother of all aluminom si Press Metal aldy soar soar soar like rocket to Moon, even though market cap 30 billion move tp 40. This one, not ony small, also cannot pancut. useless :(
1 THE TWIN BUSINESSES FOR PRESS METAL ALUMINIUM HOLDINGS BHD/8869
& ALCOM GROUP BERHAD /2674
1.2 For your understanding , in KLSE ,
(i) the KING of the aluminium business is Press Metal Berhad / 8869
(ii) the QUEEN of the aluminium business is PMB Technology Berhad / 7172
and the followers ,
one of them is
(iii) Alcom Group Berhad / 2674
1.3 Some of my KLSE investors who are well known in the corporate community ask direct questions:
Question Number 1
ANSWER
Are there more than two or three listed companies in KLSE that manufacture and supply
aluminium inter related products
YES
Question Number 2
ANSWER
Is there a listed company in KLSE that manufactured aluminium inter related products with good financial quarter that is just reported in this week ,from 22 Feb 2021 onwards
YES
Question Number 3
ANSWER
Please disclose and reveal the name of this company listed in KLSE?
Stock traders, short term investors are always on the lookout for ways to improve their trading methods.
There are 1,400 counters in KLSE (including all types of warrants) to choose from ;
when analysing these 1400 counters and the market in general… but what should you be using,
AN IMPORTANT MESSAGE FOR MARCH, 2021
Thanks to the rare convergence of these 2 important catalyst factors of this particular stock,
the clock is ticking down for you.
ALCOM GROUP BERHAD / 2674 has these 2 important catalyst factors, namely
ALCOM manufacture, supply :
Aluminium interrelated products Aluminium commodity price is USD 2,156.25 per metric ton as at 21 Feb 2021 . Aluminium commodity price USD 2,667.00 per metric ton as per 19 March 2021 Historical high price now, comparing to April 2020 ,then was USD 1,460.00 per metric ton Recent announcement by Alcom / 2674 on 23 Feb 2021 On the financial quarter with revenue RM 109,633,000.00 Record profit -for this financial quarter RM 10,074,000.00 Amazing Earning per financial quarter = 7.50 cents, on the assumptions same for the coming quarters = 7.50 x 4 Annualised per year 30 cents x 10 PER (price earning ratio ) Intrinsic value RM 3.00, less 50 % discount, Final short term target price RM 1.50
========================================================================================================================= Closing for 19 March 2021 . Press Metal / 8869, PMB Technology/ 7172 alreadly the prices rose up to record high for March 2021 , except Alcom / 2674 . Press Metal /8869 = RM9.82 / RM10.42 all time high = 15 March 2021 . PMB Technology /7172 = RM 6.00/ RM6.28 all time high =15 March 2021
... Alcom/ 2674 , closing price is RM 0.69/ 19 March 2021, is just a mearge in price ,lowly deficient in the stock prices of the commodity of aluminium on the rising trends , and on its demand and supply of the aluminium, will not be too surprised that Alcom / 2674 will not hesitate from 22 March 2021 onwards to adjust upwards in line with the strength of the stock prices of main leaders in the same industry - aluminium.
Chapter 2 Aluminium company of Malaysia Berhad /2674
If you do not own it now, you may regret and kick yourself in 2021.
We are talking about this stock, Alcom /2674 that can help you in HUGH gains
for March/ April 2021 with potential target price RM1.50
SEE_Research Alcom /2674 ================================================== In the aluminum industry, the big brother and the King of aluminum business is (i) King - Press Metal /8869 (ii) Queen - PMB Technology /7172
============================================== A lot of the same industry players, have mentioned that there is a close possibility of " merger and acquisition" exercise, for the Press Metal Aluminum Holdings Berhad / 8869
Main shareholders are the Koon Brothers (a) Tan Sri Dato Paul Koon Poh Keong (b) Koon Poh Ming heads the PMB Technology Berhad /7172
Are eyeing for strategic assets in regards to add value to the Press Metal Group, one of the likely candidates, will it be Alcom /2674? 24/03/2021 3:11 PM
Aiya, why promote Alcon in Arank territory? Alcom profit in its latest quarter almost all came from property development segment whereas its manufacturing(Aluminum) segment reported loss, aiya.
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Posted by nicky11 > 2020-12-08 20:48 | Report Abuse
Should be on tomorrow AGM..Lbalum post the fantastic result, Arank should be good too