I noticed that LBALUM in last 10 years campany also earned money, never making loss campany ! ( b4 global aluminium price rised ) But now is very dif for LBALUM !
Many sifu already say ho sei many moons ago...before pmbtech become gila...i would say last friday madness is due to pmbtech habis stock...so ppl go and goreng other alu ctr. The surge come only around 3.30pm...coz pmbtech got UMA
pisangkuat, what's your opinion then... why pmbtech habis stock, baru orang mai datang lbalum sini? macam ini besok pmbtech lagi hebat/kuat pancut ke atas banding dengan lbalum?
kenapa orang nampak pmetal, pmbtech dan tak nampak lbalum?
lbalum is already moving ahead early,,before earning report,,end of september...by the time lbalum already high,, then earning report already come out,,already neutral lo...better buy now, to my oppinion
char1234 --- yes i think pmb tech can easily answer bursa UMA, because aluminium prices are going up, and earning report becoming strong due to this.. i think PMBTECH can still cross over 2 easily, and it will move in tandem with p metal..but tomorrow monday,, i think there will be a little profit taking on pmb tech,, because of UMA... but this won t be long, slowly it will surge again to cross over 2... father and son move together,,father--pmetal,,son--pmb tech
Semenyih-based LB Aluminium Bhd is looking to undertake another major expansion exercise this year, in line with the growing aluminium extrusion industry in Malaysia.
It is currently in the midst of preparing the budget for the expansion. However, details of its expansion will only be finalised by the end of August. “We are still planning what to do, what to expand and what to buy, but no firm decision has been made as yet,” says chief executive officer Mark Wing Kong.
Three years ago, the company underwent a major expansion of capacity, which cost about RM40mil.
“It took time to absorb that. So in the financial year ending April 30, 2015, we are looking at another expansion to expand capacity as we still feel there is still growth for Malaysia for the aluminium extrusion industry.
“We are quite confident of the direction of the country and hence confident enough to expand further,” says Mark.
The company’s expansion will either be by way of capacity, new products, and or, new markets, he adds. On another note, the company has no plans to go into the upstream side of the industry.
Mark says any expansion will be internally funded. “Our financials are very strong, so we don’t foresee going to the market to raise funds,” he says.
According to Bloomberg data, LB Aluminium’s 2013 net debt to earnings before interest, tax, depreciation, and amortisation ratio stands at 1.46.
LB Aluminium continually upgrades its processes and equipment as needed. Mark tells StarBizWeek that the company spent some RM20mil in capital expenditure (capex) in the 2014 financial year. “We keep finding ways to upgrade and automate to cut cost, and to save electricity, gas, and water,” says Mark.
The company’s production facilities are located on 30 acres in Beranang’s industrial park. It also has another factory in Sarawak, spanning five acres to cater for demand in this state and Sabah. “It’s basically to reduce our transport cost. We can also service our customers faster and are closer to market,” he says.
Both factories are currently operating at about 70% capacity, which Mark says is an ideal level for the company, as it needs to have spare capacity at any point in time.
Turnover of orders, which are primarily for the building and construction industry, are higher now that its clients are moving towards keeping less stock in hand.
“Lately most builders are moving towards green index buildings. Typically a green building would use more for aluminium, which works out as a bonus for us. We expect this trend to continue into the future,” he says.
The company also caters to other industries such as electrical and electronic, transportation, engineering, solar, household tools, and furniture among others.
LB Aluminium is also considering building an extension to its factory in Beranang. It has six acres within the same area. “That was to cater for future expansion,” says Mark.
The company’s current production facilities include 17 extrusion presses with an annual production capacity of 90,000 tonnes. This includes a fully integrated 4,300 tonnes extrusion press, the largest press in Malaysia to-date.
It also has a fully-automated vertical powder coating line, and together with its two existing horizontal powder coating lines, can cater for capacity of 24,000 tonnes.
Currently, the company has two anodising plants, one of which is Malaysia’s first and only eco-friendly vertical anodising plant, which is fully automated to obtain consistency and uniformity of quality anodised finishes.
It also serves as a one-stop solution centre for its clients, in providing value-added services such as cutting, degreasing, hole punching, stamping, and tapping among others.
LB Aluminium’s die-shop is equipped with the latest CAD-CAM software, which enables it to design and manufacture die-moulds, which comprise various complexities.
The company currently holds 25% of the market share in Malaysia. While it predominantly caters to the domestic market, it exports some 30% of its products to the UK, Australia, North America, South-East Asia and Japan.
“We will not focus on any individual market, but on all our export markets. We will diversify our customers rather than regions we supply to,” he says.
In the past year, the counter saw its share currently trades at around 7.6 times its historical earnings, compared with its peers like Press Metal Bhd and Tong Herr Resources Bhd, which trade at 100 times and 13.3 times respectively.
“It is still below our net asset value, which is more than RM1, Mark says.
He foresees steady growth for the company in the next few years. “The aluminium business is something that grows together with the economy of Malaysia. Going by what the country is forecasting in the next few years, we will register gradual growth in the next few years,” he says.
LB Aluminium is position where it can afford to pay more dividends, which could be something that shareholders could look forward to. It has been religiously.
OK THIS WHAT I HAD FOUND,, PMBTECH, P METAL ALREADY GIVEN OUT THEIR EARNING REPORTS.. ALCOM IS NEARING END OF AUGUST OR ANYTIME NOW.. LB ALUM AND ARANK END OF SEPTEMBER...
the use of aluminium is the beginning of a era for auto industry.us car maker ford had recently using aluminium to manufacture the body of its F-150 pickup trucks.asean car makers are likely to follow the trend...
to share info with you the secret of price movement. 1st. and foremost there is no such a thing as profit taking and comments like seller is coming more and more from nowhere.
To become a winner in stock investment, one must learn to use a chart and base it to guide in ur investment. For without it, you will be at the mercy of the force in play.
direct stock investment is a very aggressive kind of investment. we need to be sure with ourselves b4 we put in our hard earn money into it. we may be happy when we earn but the losses is very painful if not taken care off.
If one keeps on monitoring ur investment method and be discipline investor this will bring you to profitability. Its not good if you give back what you have earn.
Wow. Today even my BONIA rise. Seldom to see my portfolio all green. Question: when to sell? Today queue my 20% holding in LBALUM at RM 0.90 to secure my profit, hopefully. Not sure if this is a wise move.
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....
trump2013
111 posts
Posted by trump2013 > 2014-08-17 08:44 | Report Abuse
small company + high profit..$$