Super undervalued stock. Earning become better and better. Those still got cash and worry of inflaton, just buy LBALUM or other metal stocks like PRESTAR, ASTINO.
Market this past week has been influenced by covid numbers and increasing fatalities. Also market is bracing for the possibility of a full MCO. Business wise, LBaluminium should not be affected. Growth in China and infrastructure projects should sustain commodities and the manufacturers. Market players should position for longer term and wait for increasing vaccination and lower covid numbers.
Market this past week has been influenced by covid numbers and increasing fatalities. Also market is bracing for the possibility of a full MCO. Business wise, LBaluminium should not be affected. Growth in China and infrastructure projects should sustain commodities and the manufacturers. Market players should position for longer term and wait for increasing vaccination and lower covid numbers.
Metals, commodities, oil all jerking off their parabolic curves. Next move is a good leg down.
Share price is a leading indicator. It reacts ahead of time from 1.40 to 0.80++.
When the drop in al price chart has become apparent, then it wud be too late. Share price will range bound 0.60 - 0.80 for some time until you grow tired of it. Then it will drop off this rangebound cliff to settle at 0.40 for years.
This is how stock market tricks you into parting with yr hard earned money.
In stock market, what you see in your mind is more often than not is different than what actually happens.
That is why stock market gurus teach you to cut yr losses short n let yr profit runs.
Conservatively short is 7%. If you plan to hold it longer term then you widen this to 15%.
As long is you are still in profit its fine. Say you bought at 1.00. Once it hits 0.93 or 0.85 you sell no matter what. This is what cut yr losses short means.
This is to eliminate that possibility that you may get stuck with it forever at 0.40 - 0.70 year in year out, when you could deploy yr capital some where else.
Not possible for it to drop to 0.40 - 0.70? This is exactly those who bought at 1.25 a few weeks back never thought it could hit 0.86 today.
Those bought at 1.25 should get out at 1.07 - 1.15 so that can sleep better now rather than seeing their paper losses grow more n more.
"Reach for the stars but make sure feet firmly on the ground".
Let's be neutral Brian's, do u think commodities prices will correct by 1/2 in no time??
Steel and aluminium, had just correct 10% but ctns some drop 50%
The answer is major markets esp DJI put pressure on commodities as inflation will hurt every one. Market want to put down over speculative and price much follow rules of supply and demand, a bit higher or lower OK.
Factories should be allowed to open even stricter MCO is implemented. LBALUM share should goes up instantly once factories are allowed to open. Wait for tonite MCO news.
My sole intention for posting articles so often is help investors to make more money. Investors should read my 3 articles namely Aluminum and Steel prices are rising, Today Basement Cheap Sale and Profit Growth Stocks. I don't need you to buy to push up the share prices to make me richer. In any case, the daily traded volume is tens of million shares, if you buy or not will make no difference. Koon Yew Yin
Hmm, some say u r demi-god in stock market and there r people say u cheater, trickster. Which is which?? Why so quiet here??
To those who r displeasure or worst having grudge with him, confront him if not face to face at least in i3 platform. Why silence? BE A MAN and at least give him a chance to defend himself.
To me uncle Koon got guts to come here and very bullish in LB. So dun talk bad / slander behind people
Let say I buy 10000 shares @ 0.9, consider worst scenario, price cont correct lower to 0.73 (the lowest price atter last qr result). What should I do? A: Buy another 10000 shares.
That put u into this situation : 0.815 av 11% paper lost.
On the other hand, there is big possibility price will shoot up back base on historical price of 52w High of 1.39 after coming qr. Big hints already showed in Lsteel and choobee.
I have invested for a whihe in lb. I trust myself more but r willing to listen to others esp wise people with constructive ideas and informations.
This especially true when price move opposite to what I projected.
I have much faith in lb.
Very big possibility of paper gain of 30% if ur buying price within 0.83 to 0.9 bracket range. Predict it only take not more than 10 trading days to realise.
Hi Luckyboy88 , no need to worry so much of LBALUM. If u look at the past 10 years QR result, u will notice only 1 QR having -ve result. It mean the management no hanky-panky. Properly report the earning.Last QR 144M Revenue, the next QR with Aluminium price increase,profit will definitely jump. It just matter of time, it will above RM2.40, PE8-10, if every QR 15 million profit.
Weak n minor technical rebound in a downtrend across the board. Sell! Tp 0.70.
Btw since birth of bursa, metal play only lasted a few weeks. This play was over on 17 may across all metal stocks when price jumped off support cliff that day. Sell/stay away/cut loss.
Due to high usage of Aluminium/steel/copper in China and belt and road world wide projects, China regulator has to avoid extreme high metal prices to maintain their budget to grow their economy. But, current condition is demand is much more higher than supply that cause the spikes of metal price.
Moreover, US, under Biden infrastructure project also need high metal materials. At least 2 years plus, these basic materials are in high demand. Metals related companies will receive plenty of projects. This ensure their earning becomes better and better.
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 is USD 2,305.00 per metric ton as at 24 May 2021 Historical high price now, as per May 2021 period , comparing to April 2020 ,then was USD 1,460.00 per metric ton
Recent good 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 *** EPS : 7.50 *** = record
Recent good announcement by Alcom / 2674 on 25 May 2021 On the financial quarter with record revenue for this quarter RM 139,828,000.00 *** Consistent profit -for this financial quarter RM 7,398,000.00 EPS : 5.51 *** = record
Amazing Earning per financial quarter = 7.50 + 5.51 + 5.51 + 5.51 = 24.03 cents, on the assumptions same for the coming quarters =24.03 Annualised per year 24.03 cents x 10 PER (price earning ratio ) Intrinsic value RM 2.40 less 30 % discount, Final mid term target price RM 1.68
surge to limit up For Alcom / 2674 --- 27 May 2021 / Thursday = RM 1.19 ( RM 0.30 )
Another metal stock similar in the making like Choo Bee Metal Industries Bhd., /5797 as per recent good financial announcement 21 May 2021 --
surge to limit up Choo Bee / 5797 on 21 May 2021 = RM 1.64 (closed) Choo Bee /5797 on 24 May 2021 = RM 2.13 ( closed - limit up +30 % = + RM 0.49 )
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Qwertyuiop
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Posted by Qwertyuiop > 2021-05-20 12:17 | Report Abuse
We are in commodity supercycle, still early of the game. lmao, do your research. go see the bloomberg commodity index.