LB ALUMINIUM BHD

KLSE (MYR): LBALUM (9326)

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Last Price

0.47

Today's Change

-0.005 (1.05%)

Day's Change

0.47 - 0.475

Trading Volume

91,700


7 people like this.

5,089 comment(s). Last comment by kimpeng 1 week ago

zhao

874 posts

Posted by zhao > 2014-04-17 16:55 | Report Abuse

0.75 :)

Posted by chiongster1234 > 2014-04-17 16:58 | Report Abuse

to be continue....

Joel

4,580 posts

Posted by Joel > 2014-04-17 17:00 | Report Abuse

rem, sis bro, kita main kecil kecil, jangan sampai taruh jumlah wang yang besar di market.

Thx.

sklyte

2,621 posts

Posted by sklyte > 2014-04-17 17:00 | Report Abuse

SOLD ALL switched to arank, goodluck guys, i want a better aluminium exposure not extruder, LBA up 20% enough already

Posted by vincentteoh > 2014-04-17 17:17 | Report Abuse

Tomorrow will up again as aluminium price is increased due to FORD america introduced a new 4W car need a lot of aluminium. Stay tune.

tonylim

4,796 posts

Posted by tonylim > 2014-04-17 17:36 |

Post removed.Why?

denden

11 posts

Posted by denden > 2014-04-17 17:43 | Report Abuse

Be careful LBA is a manufacturer not a aluminum producer. Higher aluminum price means higher costs not necessary higher profit. Press metal is a smelter.

kewyy

76 posts

Posted by kewyy > 2014-04-17 18:49 | Report Abuse

Pmetal and lb alu is same of type business

dodo2368

158 posts

Posted by dodo2368 > 2014-04-17 19:43 | Report Abuse

sklyte, follow you.buy some arank tomorrow.

sklyte

2,621 posts

Posted by sklyte > 2014-04-17 19:49 | Report Abuse

press metal is 90% smelting and 10% extruder, lba is 100% extruder, go for ARANK tomorrow , another smelter, to capture the upside from aluminium rise..LBA will game over tomorrow don't chase high

tonylim

4,796 posts

Posted by tonylim > 2014-04-17 19:52 | Report Abuse

Sklyte thanks for the update

Joel

4,580 posts

Posted by Joel > 2014-04-17 20:15 | Report Abuse

I dun think so, sklyte.
I think is to be continue the ride to Rm0.80 by tomorrow LBALUM.

Joel

4,580 posts

Posted by Joel > 2014-04-17 20:15 | Report Abuse

ofcos Arank is expect is ride to the next higher price.

chipekteh

73 posts

Posted by chipekteh > 2014-04-17 20:24 | Report Abuse

I knew the chairman since 19 years ago when I was 20. Datuk Vincent Leow Chong Howa is a very low profile and successful entrepreneur in Malaysia. That time LB was not even listed yet in second board. His leadership brought where LB today.

IniKaliLah

295 posts

Posted by IniKaliLah > 2014-04-17 21:48 | Report Abuse

Tomorrow will break to RM1.00

Joel

4,580 posts

Posted by Joel > 2014-04-17 21:59 | Report Abuse

LB Aluminium Berhad

Incorporated in 1985, LB Aluminium Berhad is today the largest supplier of aluminium extrusion in Malaysia and one of the largest aluminium extrusion manufacturers in South-East Asia.

Joel

4,580 posts

Posted by Joel > 2014-04-17 21:59 | Report Abuse

LB Aluminium Berhad is listed on the Main Board of the Bursa Malaysia Securities Berhad and has been a public listed company since 1994. The Company’s shareholders funds as at 30 April 2012 stood at RM 227.8 million with total number of shareholders exceeding 4,200. The Company’s turnover for 2012 was RM 365.1 million.
The Company’s production facilities are located on a 30-acre site in Beranang in the state of Selangor, within a mere thirty (30) minute drive from the Kuala Lumpur International Airport (KLIA). Our integrated production facilities include twelve extrusion presses with annual production capacity of 90,000 metric tonnes. To complement the aesthetics finishing of the extrusion products, we have installed the first and only fully automated vertical anodizing plant in Malaysia with a monthly capacity of up to 1,400 metric tonnes, a fully integrated powder coating line as well as a fluorocarbon painting line. In addition to the above facilities, we also have computerized die-mould manufacturing and design machining center, cad-cam aluminium profiles precision drawings and designs and a test-rig facility.

kewyy

76 posts

Posted by kewyy > 2014-04-17 21:59 | Report Abuse

Wht reason kytan said lb will raise up to 1.00

Joel

4,580 posts

Posted by Joel > 2014-04-17 22:00 | Report Abuse

A new horizontal anodising line was completed during the year in Beranang with monthly capacity of 1,000 metric tonnes and together with an anodising line of 600 metric tonnes monthly capacity in our Kuching factory, our current total anodising capacity annually is 36,000 metric tonnes.

We also pride ourselves in the quality of our products with various quality achievements like the ISO 9001 certification since 1994, UKAS Accreditation and ABS (American Bureau of Shipping) Certificate.

LB Aluminium Berhad has an extensive branch network with sales outlets cum warehouses in the major cities and towns in the Peninsular and East Malaysia and our growing export markets include Sri Lanka, Mauritius, Singapore, United Kingdom, Australia, Hong Kong, New Zealand, Pakistan, Philippines, USA, Thailand, Brunei, Canada, Germany, Japan, South africa, Maldives, Greece, India, Papua New Guinea, France, Vietnam, Netherland, China, Mexico, Belgium, St. Lucia and Indonesia.

Joel

4,580 posts

Posted by Joel > 2014-04-17 22:01 | Report Abuse

LBALUM, ....Potential to reach near at Rm0.90 or even rm1.00.

ARANK, I am not too sure.

Posted by crystalball > 2014-04-17 22:02 | Report Abuse

so what is the Tp ? RM 1.00 ?

kytan

2,865 posts

Posted by kytan > 2014-04-17 22:12 | Report Abuse

kewyy,i never said can go to TP1.00..I said a site give TP 0.96, NTA is 1.02. TP is for reference. like Joel said, potential to reach 0.9...but remember time frame is something we don't know..it maybe next 2 days or end of the year. But what important is when everyone is focus on aluminium counter..we small fish follow the wave go up. if all counter go down, we need to sell fast too..don't even think about the TP. unless you plan for long term.

Joel

4,580 posts

Posted by Joel > 2014-04-17 22:24 | Report Abuse

buy vol now at 471,400
sell vol now at 7000

is going to fly to rm0.800 above by tomorrow !!!

Jack Ong

167 posts

Posted by Jack Ong > 2014-04-17 22:34 | Report Abuse

d(^.^)b

tonylim

4,796 posts

Posted by tonylim > 2014-04-18 00:00 | Report Abuse

Jack nice one.

Posted by valuemaster > 2014-04-18 00:50 | Report Abuse

this company is not pure aluminium play, somebody said is right, ARANK and PMETAL are smelters, LBA is just an extruder, should not be much correlated to the movement of alluminium prices

psleong

46 posts

Posted by psleong > 2014-04-18 00:59 | Report Abuse

My fren is from bank... he said his bank tp is 0.95... but My tp wil b 0.85...haha

Tina Khoo

223 posts

Posted by Tina Khoo > 2014-04-18 01:07 | Report Abuse

My tp : 0.90 ...☺

Posted by valuemaster > 2014-04-18 01:08 | Report Abuse

don't be sily to chase high tomorrow, i guess this is a short term trading stock, any tp are not reliable, watch your pants before you punt

BC475654

605 posts

Posted by BC475654 > 2014-04-18 01:09 | Report Abuse

Alcom moved in tandem as well.Up 8 sen.PMETAL,LBA,ARAK and ALCOM all aluminium related.

tonylim

4,796 posts

Posted by tonylim > 2014-04-18 01:15 | Report Abuse

Value ... I certainly agree with you. I hope forumers know when to exit.
Lessons from dsonic.

Posted by wanderabara > 2014-04-18 07:47 |

Post removed.Why?

Gji Gan

378 posts

Posted by Gji Gan > 2014-04-18 08:37 | Report Abuse

Break 0.775 will go 0.88, hope I'm not wrong .

Jack Ong

167 posts

Posted by Jack Ong > 2014-04-18 09:04 | Report Abuse

go go go ~~~

kytan

2,865 posts

Posted by kytan > 2014-04-18 09:05 | Report Abuse

gogogo

kytan

2,865 posts

Posted by kytan > 2014-04-18 09:07 | Report Abuse

all aluminium share shooting up..

kytan

2,865 posts

Posted by kytan > 2014-04-18 09:23 | Report Abuse

Arank +9.02
Pmetal + 2.79
Lbalum +7.33
Alcom + 4.11
Tongher +2.11
LIONIND +2.31

Jack Ong

167 posts

Posted by Jack Ong > 2014-04-18 09:25 | Report Abuse

Remember to set your own tp .. happy trading ... =)

kytan

2,865 posts

Posted by kytan > 2014-04-18 09:25 | Report Abuse

TP is 0.96..so buy at own risk. Just hope new TP can given by BANK. Pmetal change TP from 3.77 to above 4.

kytan

2,865 posts

Posted by kytan > 2014-04-18 09:34 | Report Abuse

Alcom + 10.96
LIONIND +2.31
Tongher +2.11
Arank +15.57
Pmetal + 1.95
Lbalum +7.33

Posted by vincentteoh > 2014-04-18 09:57 | Report Abuse

Don't sell too early. The TP maybe higher than expected because the raw aluminium price is increasing due to demand > supply.

Andre Kua

421 posts

Posted by Andre Kua > 2014-04-18 09:59 | Report Abuse

Not Demand > Supply

http://www.prweb.com/releases/2013/8/prweb11002992.htm

Posted by chiongster1234 > 2014-04-18 10:11 | Report Abuse

ini long time ago news bro...i'm out!

hotdogge

1,294 posts

Posted by hotdogge > 2014-04-18 10:55 | Report Abuse

next weeks another gap up

Posted by valuemaster > 2014-04-18 11:18 | Report Abuse

As warned, whoever chased high will kena lor, better wait retracement at 70c to buy

kengfp

484 posts

Posted by kengfp > 2014-04-18 11:24 | Report Abuse

runtuh soon~~~!

Gji Gan

378 posts

Posted by Gji Gan > 2014-04-18 11:43 | Report Abuse

Hope jatuh 0.7 lo,I wanna collect, sell to me sell to me

Brahims

113 posts

Posted by Brahims > 2014-04-18 13:45 | Report Abuse

Recently China aluminum producer planned to cut 2mils tonnes output each month in Q2 2014 due to low aluminum price to minimize the losses. This could be the reason caused the price up for temporary. Aluminum price up now do not mean Pmetal and LB make huge profits, could be lead to reduce the losses. If you check the warehouse inventory chart, the stock still not touching the bottom. The aluminum price may continue to drop further and cause the main players in the market to enlarge the losses. Also, London Metal Exchange (LME) stock level was only 3.3mil tonnes on 2009 and 2014 was over 5.5mil tonnes. It look like the stock was over bought and looking for buyers to reduce the stock level. Happy trading :)

http://www.reuters.com/article/2014/03/05/china-aluminium-idUSL3N0M035520140305
http://www.kitcometals.com/charts/aluminum_historical_large.html

Posted by warrenbuffett0830 > 2014-04-18 15:06 |

Post removed.Why?

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