LB ALUMINIUM BHD

KLSE (MYR): LBALUM (9326)

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Last Price

0.495

Today's Change

+0.005 (1.02%)

Day's Change

0.49 - 0.495

Trading Volume

375,100


7 people like this.

5,091 comment(s). Last comment by SMInvest 2 weeks ago

bjtoto

916 posts

Posted by bjtoto > 2022-12-01 12:11 | Report Abuse

Super super Small Cap below 100m with fundamental .......all warming up......gogogo

arriffin

16 posts

Posted by arriffin > 2022-12-07 09:45 | Report Abuse

LB Aluminium Bhd has reported its net profit to have increased 81% year-on-year for the second quarter ended Oct 31, 2022, thanks to higher average selling prices and improved margin in its aluminium products segment.

UnicornP

2,860 posts

Posted by UnicornP > 2022-12-16 17:00 | Report Abuse

Strong Ringgit play.

Posted by hohlaiyet88 > 2022-12-16 18:28 | Report Abuse

Why suddenly up almost 9%? Anyone know and share the information? Thanks

DaitoRyu

1,459 posts

Posted by DaitoRyu > 2023-01-05 17:06 | Report Abuse

Indeed it looks that way. I've had a good sniff around and I haven't found anything at all. Aluminum price continues to drop a little too.

Tibbers

570 posts

Posted by Tibbers > 2023-01-06 16:36 | Report Abuse

otw 0.76

UnicornP

2,860 posts

Posted by UnicornP > 2023-02-17 18:43 | Report Abuse

Very low volume today.

jojo85

463 posts

Posted by jojo85 > 2023-02-19 07:13 | Report Abuse

Timing is not good for swing trade

sasword

1,169 posts

Posted by sasword > 2023-02-22 16:11 |

Post removed.Why?

azfar8

975 posts

Posted by azfar8 > 2023-03-07 11:35 | Report Abuse

What do you mean by money laundering? can you explain from where it come? the source? Sorry, just feel like i need to know, maybe i can learn a thing or two

Posted by investingiscommonsen > 2023-04-22 20:51 | Report Abuse

hi, below is my little thoughts on lb aluminum berhad, feel free to give any comments.
https://klse.i3investor.com/web/blog/detail/investmentknowledge/2023-04-22-story-h-272492132-analysis_of_LB_Aluminium_Berhad

Regards,
Raymond Lim ,CFA

serbatipu

341 posts

Posted by serbatipu > 2023-06-15 00:06 | Report Abuse

0.46 good to buy

slee

588 posts

Posted by slee > 2023-08-04 11:22 | Report Abuse

Accumulate some.. good dividend yield and new sector business properties return also good.

newbie9893

2,366 posts

Posted by newbie9893 > 2023-08-21 14:25 | Report Abuse

Steel counters will be next theme to play, buy call

garychee8

410 posts

Posted by garychee8 > 2023-11-07 10:53 | Report Abuse

BOUGHT 0.47

lcng123

1,127 posts

Posted by lcng123 > 2024-04-04 16:00 | Report Abuse

Started moving up from 0.45

Invest_888

1,067 posts

Posted by Invest_888 > 2024-04-15 16:26 | Report Abuse

Aluminum counters got chance due to increasing high demand construction and electric car. Recent QR both revenue and profit performing well. Also, LBALUM golden cross appeared and aluminum price goes up steadily recently. I think got chance to go up further.

CSOON 77

177 posts

Posted by CSOON 77 > 2024-04-17 19:55 | Report Abuse

Get ready anytime kaboom

lcng123

1,127 posts

Posted by lcng123 > 2024-04-17 22:30 | Report Abuse

Aluminium price at 1 year highest

Posted by Intelligentinvest13 > 2024-04-17 23:10 | Report Abuse

Aluminium is the next best metal type to buy because it is used to make electric car battery. Biden also is planning to put tariffs on aluminium imports thus increasing price. This helps Lbaluminium to sell at higher prices thus increasing their EPS and I believe before April end will reach 54 cents and by June will be well above 60. This is the next best thing as aluminium is more in demand due to increase adoption of ev vehicles in Asia.

Invest_888

1,067 posts

Posted by Invest_888 > 2024-04-18 16:07 | Report Abuse

LBALUM is just waking up a bit

Invest_888

1,067 posts

Posted by Invest_888 > 2024-04-19 09:28 | Report Abuse

Aluminum price per tonne is USD 2639.00 up USD 22. Average aluminium price from NOV2023-JAN2024(Latest QR of LBALUM) was around USD2230 per tonne. Expected good QR is coming.

Posted by Intelligentinvest13 > 2024-04-19 15:22 | Report Abuse

Cheap price to collect now, I sense monday will have big push/realisation

Invest_888

1,067 posts

Posted by Invest_888 > 2024-04-19 15:42 | Report Abuse

LBALUM is an Aluminum company not the steel company. Aluminum companies, all benefit from high aluminum price due to high demand and lesser supply. Steel supply is more than the demand, so the steel price drops.

Bullbursa

455 posts

Posted by Bullbursa > 2024-04-20 17:53 | Report Abuse

Bulk of revenue from overseas exports. North America is largest contributor. Foresee jump in profit on strong USD in next QR

CSOON 77

177 posts

Posted by CSOON 77 > 2024-04-20 19:45 | Report Abuse

This stock price is control by Leow family (boss) hard to find their money

Invest_888

1,067 posts

Posted by Invest_888 > 2024-04-22 09:23 | Report Abuse

Lbalum still go much space to go up. Lags behind Pmetal price increment.

Posted by Intelligentinvest13 > 2024-04-22 19:26 | Report Abuse

Agreed with aluminium prices soaring at 2 year highs together with usd, the next quarter seems good along with if they have any other property this quarter to boost like last time

Invest_888

1,067 posts

Posted by Invest_888 > 2024-04-23 10:56 | Report Abuse

Property business should be improved as the customer payment is according to the progress of the construction of the property. Now, the project is still under construction. Anyway, LBalum major business is still in Aluminum.

Posted by Intelligentinvest13 > 2024-05-15 11:35 | Report Abuse

Next target price 0.60 someone is collecting for big push

Invest_888

1,067 posts

Posted by Invest_888 > 2024-05-15 19:44 | Report Abuse

This stock worth at least RM1.00. How much this stock can be pushed?
Aluminum is the effective cooling material that used widely in modern car esp electric car. Now, it is also used in data centre as cooling material.
https://cross-guard.com/cold-aisle-containment/aluminium-cold-aisle-data-centre-cooling/

garychee8

410 posts

Posted by garychee8 > 2024-05-21 10:09 | Report Abuse

sold all 0.57

abcb

3,058 posts

Posted by abcb > 2024-05-27 14:44 | Report Abuse

Next will reach to 0.70

abcb

3,058 posts

Posted by abcb > 2024-05-27 14:48 | Report Abuse

Waiting for announcement

acnca84

128 posts

Posted by acnca84 > 2024-05-29 09:41 | Report Abuse

cuba masukkkk

abcb

3,058 posts

Posted by abcb > 2024-05-30 15:45 | Report Abuse

Predict the coming 4Q profit will be RM10 million to RM12 million

abcb

3,058 posts

Posted by abcb > 2024-05-30 15:46 | Report Abuse

Short term TP 0.70

abcb

3,058 posts

Posted by abcb > 2024-05-30 15:48 | Report Abuse

May declare first and final Dividend of 0.025 per share on August, 2024

lcng123

1,127 posts

Posted by lcng123 > 2024-05-30 18:06 | Report Abuse

LBAlum do very well in Property Development, if this momentum can continue in next quarter, coupled with the uptrend of aluminium price, Q4 profit will over RM12 million

sasword

1,169 posts

Posted by sasword > 2024-06-07 17:56 |

Post removed.Why?

Invest_888

1,067 posts

Posted by Invest_888 > 2024-06-13 16:14 | Report Abuse

Collected at 54.5cent.

thundery

322 posts

Posted by thundery > 2024-06-14 16:04 | Report Abuse

LBALUM is not PMetal duplicate

Superb99

6,605 posts

Posted by Superb99 > 2024-06-18 23:29 | Report Abuse

Longkang stock

Superb99

6,605 posts

Posted by Superb99 > 2024-06-25 21:48 | Report Abuse

Will only buy if below 0.5

trader808

311 posts

Posted by trader808 > 2 months ago | Report Abuse

1.If you have been holding LB, congratulation. Tomorrow is the dividend ex date for 2.5sen. It would be unwittingly wasteful to dispose after having come this far.

2.In addition, the company has announced its 1st quarter result that is correspondingly and comparatively impressive.
Hopefully. the result could sustain the raising share price.

3 Have a great day and happy trading.
26/9/2024

lcng123

1,127 posts

Posted by lcng123 > 2 months ago | Report Abuse

The company's property business is getting matured as they are new as a property developer in the market. No doubt SASaR is a government project, looks like the management have strong connection with government department and with success of SASaR project, the company will continue to secure more government's housing projects in the future.

liferosak

24 posts

Posted by liferosak > 2 months ago | Report Abuse

wow, dropped a lot...z

kimpeng

53 posts

Posted by kimpeng > 4 weeks ago | Report Abuse

Acquisition via married deal

SMInvest

378 posts

Posted by SMInvest > 2 weeks ago | Report Abuse

Malaysia's Aluminum Stocks Rise After China Ends Export-Tax Rebate
November 17, 2024 at 09:40 pm EST

By Ying Xian Wong

Shares of Malaysian aluminum companies rose after China's finance ministry said it would end an export-tax rebate for the base metal.

Shares of Press Metal Aluminium--the Southeast Asian nation's biggest aluminum company--climbed 6.8% to 4.7 ringgit, equivalent to $1.05, in Monday morning trade. Shares of peer LB Aluminium rose 6.4%. The benchmark Kuala Lumpur Composite Index was 0.4% higher at 1598.82.

China said Friday that it will end its tax rebate policy on a wide range of products and commodities, including for aluminum and copper, starting Dec. 1.

The removal of the rebates is expected to raise the global cost of Chinese aluminum, potentially reducing export volumes in the near term, ING analysts Ewa Manthey and Inga Fechner said in a note.

The move could lead to a shift in trade dynamics, driving countries reliant on Chinese aluminum to seek alternatives amid limited global production capacity, the ING analysts said. "The global aluminum market is expected to return to deficit from 2026," they added.

China, the world's largest producer of aluminum, introduced export-tax rebates in 1985 to enhance global competitiveness for its products and attract global buyers, they said.

Write to Ying Xian Wong at yingxian.wong@wsj.com

(END) Dow Jones Newswires​13:26

SMInvest

378 posts

Posted by SMInvest > 2 weeks ago | Report Abuse

Pmetal & PMBTECH

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