Posted by Qwertyuiop > 2021-06-15 19:14 | Report Abuse

THIS PRICE.

Posted by milosh > 2021-06-16 10:08 | Report Abuse

aluminium prices doing well: https://www.investing.com/commodities/aluminum
about LBALUM (if you didn't read yet): https://miloshtrading.blogspot.com/2021/06/lbalum-9326-great-potential-good-profits.html

Posted by milosh > 2021-06-16 14:36 | Report Abuse

I miss out something? the drop right now ... ?

Posted by brandee > 2021-06-16 15:17 | Report Abuse

China just announced it is releasing metals from its reserves stockpiles to cool down prices. Metals include copper, aluminium and zinc. Its a knee jerk reaction. Business at Lbalum will be unchanged. Major economies recovering and more infrastructure projects ahead.

Posted by milosh > 2021-06-16 15:19 | Report Abuse

oh release of reserves probably, not a big issue for LBALUM

Posted by Kristina Melody > 2021-06-16 15:22 | Report Abuse

wow, many red today

Posted by coffeesheep > 2021-06-16 15:26 | Report Abuse

Conference of Rulers special meeting now, market fear of political unease?

Posted by milosh > 2021-06-16 17:56 | Report Abuse

politics its just a noise

Posted by m3379 > 2021-06-16 18:21 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/06/16/china-to-release-national-reserves-of-copper-aluminium-and-zinc

Posted by milosh > 2021-06-16 21:08 | Report Abuse

it will be for local market only and limited impact anyway

Posted by milosh > 2021-06-17 10:51 | Report Abuse

aluminium reserves release not significant, not effect on LBALUM: https://miloshtrading.blogspot.com/2021/06/aluminium-prices-to-stabilize-soon.html

Posted by brandee > 2021-06-17 12:17 | Report Abuse

Milosh you're right. Aluminium price hardly dropped at all overnight price usd2451.05 (-0.57%). It does not look like China's action can dictate the aluminium prices because major economies are recovering and plenty of infrastructure projects will keep demand for metals at elevated prices.

Posted by milosh > 2021-06-17 12:56 | Report Abuse

brandee: some more if they plan to release only 500,000 tons (what I read just now) it is just for a few days local supply in China, its nothing ...

Posted by milosh > 2021-06-17 13:02 | Report Abuse

actually this reserves release giving us a clue - there is really a very serious shortage problem

Posted by ahbah > 2021-06-17 13:05 | Report Abuse

add some

Posted by trustmenojoke > 2021-06-17 13:12 | Report Abuse

its just a knee-jerk reaction. that's all.

Posted by milosh > 2021-06-17 13:46 | Report Abuse

I like dips caused by a noise

Posted by milosh > 2021-06-17 15:25 | Report Abuse

congrats to traders who bought the dip! nice fast profits

Posted by Kristina Melody > 2021-06-18 16:26 | Report Abuse

tumbang

Posted by Najib Zamry > 2021-06-19 18:06 | Report Abuse

I think We will see huge drop in steel and aluminium stocks. Seems like there is sign of trend reversal. Be careful buddy.

Posted by Najib Zamry > 2021-06-19 18:07 | Report Abuse

https://www.cnbc.com/2021/06/17/stock-market-futures-open-to-close-news.html

Posted by Najib Zamry > 2021-06-19 18:08 | Report Abuse

https://www.cnbc.com/2021/06/18/europe-markets-investors-digest-fed-pivot-inflation-economic-data.html

Posted by milosh > 2021-06-20 10:12 | Report Abuse

everyone know about shortage and it will not go away for some time - economic recovery = common sense, no need phd in economics for that

Posted by sujibaby > 2021-06-20 21:43 | Report Abuse

JAG (0024): An overdone correction? - 20 June 2021 - Sujibaby

https://klse.i3investor.com/blogs/sujibaby_yongtai/2021-06-20-story-h1...

Posted by kanzaki123 > 2021-06-21 12:35 | Report Abuse

Dropping like a brick. China really affects the aluminium price.

Posted by milosh > 2021-06-21 17:33 | Report Abuse

just wait for the next QR results, after can discuss

Posted by morganlee > 2021-06-22 13:46 | Report Abuse

yeah, yes for the coming QR, and we shall see whether the steel cycle has really ended, but in view of the recovery theme in play, I think it is too early to even mention selling. In fact, if the QR is beautiful, and demand for infrastructure development increases, there is a possibility we will see the real superbull cycle of steel. Lets see the upcoming QR to determine the accuracy of this analysis, if yes, TP RM1.50 by early next year.

Posted by azfar8 > 2021-06-22 15:40 | Report Abuse

true, if you are looking at the result trend, last 3 quarter seems fantastic. i am in...

Posted by milosh > 2021-06-23 10:02 | Report Abuse

cant wait for the results, for sure profits up: https://miloshtrading.blogspot.com/2021/06/aluminium-prices-to-stabilize-soon.html

Posted by hng33 > 2021-06-23 11:27 | Report Abuse

Dividend 30% payout is coming

Posted by trustmenojoke > 2021-06-23 11:29 | Report Abuse

this counter is a good buy for now and upcoming months.

Posted by Piratebilis > 2021-06-23 11:42 | Report Abuse

USD3,500 Aluminium pricing by 2022

Posted by tonny430 > 2021-06-23 12:07 | Report Abuse

gogogo

Posted by milosh > 2021-06-23 13:48 | Report Abuse

can go up way much more, for months maybe years

Posted by morganlee > 2021-06-23 14:15 | Report Abuse

yes, all steel counters are coming back, look for those that are still laggard and yet to release QR, you may be finding good surprise for your portfolio!

Posted by azfar8 > 2021-06-23 14:37 | Report Abuse

wah, ada baik ha... yesterday masuk, sudah 5% papergain, better than fix deposit... today halfday, morning go jog, then msg come in from friend told sudah move a bit...

Posted by trustmenojoke > 2021-06-23 15:00 | Report Abuse

Enjoy the ride.

Posted by morganlee > 2021-06-23 16:14 | Report Abuse

haha tips tips, can look at Astino also.

Posted by milosh > 2021-06-23 16:48 | Report Abuse

maybe insiders buying already

Posted by Behumble > 2021-06-23 17:20 | Report Abuse

Yes, QR might release tmr

Posted by Luckyboy88 > 2021-06-23 17:48 | Report Abuse

Sudah can tek, ARANK net profit increase 50% qtq. Lb cun cun coming

Posted by Luckyboy88 > 2021-06-23 17:49 | Report Abuse

Cantek

Posted by milosh > 2021-06-23 17:53 | Report Abuse

tomorrow expect some correction probably, many speculators will want to take fast profits

Posted by Luckyboy88 > 2021-06-23 21:37 | Report Abuse

Why sometimes I can't upload comments??

Posted by Luckyboy88 > 2021-06-23 21:57 | Report Abuse

Retaining profit is RM189 millions as last qr.

Now market cap only 253m, low pe, bullish business and selling below book value.

Where to find in bursa.

Posted by Luckyboy88 > 2021-06-23 22:05 | Report Abuse

FYI, all Tesla model from S, 3, X and Y are made up full aluminium body.

Aluminium is the future.

Posted by Qwertyuiop > 2021-06-23 23:40 | Report Abuse

The next PMETAL is forming. Mark my words, see you guys at top

Posted by Luckyboy88 > 2021-06-24 00:06 | Report Abuse

Nio ET7 utilise ultrahigh strength steel aluminum hybrid body.

Its good 4 lb to venture into parts supply for eV. Better margin and big market.

I hope BILIS in lb can have more holding power like kssc then rm2 not a problem.

Posted by milosh > 2021-06-24 08:45 | Report Abuse

yes lbalum is sooo much undervalued

Posted by milosh > 2021-06-24 08:49 | Report Abuse

https://miloshtrading.blogspot.com/2021/06/aluminium-prices-to-stabilize-soon.html