Posted by dexeric > 2021-07-09 10:20 | Report Abuse

I mean it is disadvantage to do bonus issue... it will become dilution for many retailer

Posted by dexeric > 2021-07-09 10:22 | Report Abuse

If the will still using vwap, the price will definitely low due to political downturn...

Posted by Luckyboy88 > 2021-07-09 10:29 | Report Abuse

It's definitely NOT going to dilute. U get back the same value after BI. its just price is dynamic proir ex, can up or down.

Think +ve, if after ex price remain around 0.5++ and result is good, many investors will buy cos price become affordable in general.

The PER now only 5.88.

Posted by Luckyboy88 > 2021-07-09 18:08 | Report Abuse

Bursa Security granted written approval to LBA regarding BI today.

2 resolutions which is BI and dividend need to be approved by shareholders during AGM at August.

Good lucky!

Posted by Luckyboy88 > 2021-07-10 13:21 | Report Abuse

9th JULY 2021, major steel and aluminium companies listed in US, China are showing encouraging closing bet 3% to 9% intra day gain.

Below are among some listed peers for your reference :

Alumium :
1) Acronic Corp (NYSE) +4.9%
2) Alcoa Corp (NYSE) + 5.88%

Steel :
1) Arcelor Mittal ADR (NYSE) +5.09%
2 Posco (NYSE) +3.78%
3) Hongxing iron & steel (shanghai) +6.38%
4) Chongqing iron steel (shanghai) +4.37%
5) Inner Mongolia BaoTou (shanghai) +10.06%
6) Hebei Steel A (shenzhen) +2.98%

One should look at the 1 year charts to have better understanding of the movement of price.

Summary : bigger companies tend to have prices traded at 52w High and testing the resistance with smaller peers shown tremendous recovery of 30% ++ from recent correction.

Posted by Luckyboy88 > 2021-07-10 13:33 | Report Abuse

As for LBA, price would not stay low 4 long. After 2 months of sideway, I foresee price will break and moving up strongly.

International peers traded at PER 17x.
Lba is just traded at x5. 88.

With Per of 8x price should be 1.36

Its a barginal buy with free titbits of BI and 4.375 cents dividend.

BUY BUY BUY!!!!

Posted by milosh > 2021-07-12 11:15 | Report Abuse

im still in: https://miloshtrading.blogspot.com/2021/07/time-to-sell-all.html

Posted by Peter Lau MY > 2021-07-13 09:48 | Report Abuse

this stock is under value mainly due to Malaysia COVID-19 management

Posted by milosh > 2021-07-13 09:56 | Report Abuse

buy on weakness, on dips buy more -> my strategy

Posted by i3lurker > 2021-07-14 10:19 | Report Abuse

looks like a "Coffin and Cover" Technical Chart?

Posted by dompeilee > 2021-07-14 15:59 | Report Abuse

Kon Yewyeeeeennnn slaughter a few thousand retailers again lol

Many many died-ed following this fake FiLantrophilistine lol

Posted by Luckyboy88 > 2021-07-14 22:42 | Report Abuse

https://www.theedgemarkets.com/article/entire-country-expected-move-phase-2-ppm-early-august-says-dpm

Within my expectation, I said be4 Cabinets will do U turn even the 3 keys fulfillment not met altogether. It earlier than OTB Conservative prediction. (September)

PN need to prioritise on protecting lifehoods at the same time protect lives.

Simple mah, economy collapse where to find money fight covid and protect live? the more they delay, is akin say bye to GE15. malays revolt.

Covid is very infectious but the mortality rate is rather low and those with cormobilities are the high risk group. The total number of patients in ICU and need ventilation support is less than 1500 per day. Go divide by the numbers of hospitals we have. I think 1 small China district hospital can do better. This issue need to solve fast with every single cent from budget channel from heathcare budget allocation, dun play play anymore!!!

Posted by Luckyboy88 > 2021-07-14 23:56 | Report Abuse

https://www.investing.com/news/economy/asian-shares-lower-on-us-inflation-jitters-2557299

US FED chair Powell's dovish remark :
1) delay tapering, continuing of stimulate the economy.
2) boost economy and employment growth.
3) easy on clamp down on inflation, means commodities price are more rigthfull determine by market force rather than artificial.

VERY GOOD NEW for commodities.

Posted by Luckyboy88 > 2021-07-15 00:17 | Report Abuse

Sky is clear, prepare for take off

Posted by Bgt 9963 > 2021-07-15 09:12 |

Post removed.Why?

Posted by Luckyboy88 > 2021-07-16 13:46 | Report Abuse

Singgah Penang ke London??

Posted by Bgt 9963 > 2021-07-16 16:54 |

Post removed.Why?

Posted by karuppudurai > 2021-07-22 22:06 | Report Abuse

still not too late to join in right?

Posted by milosh > 2021-07-23 09:27 | Report Abuse

not late at all

Posted by sasword > 2021-07-27 12:52 | Report Abuse

Join now and sell at below 60 cents later.

Posted by milosh > 2021-07-27 18:11 | Report Abuse

join now and get bonus shares + div

Posted by TheContrarian > 2021-08-04 16:08 | Report Abuse

Bought at 92.5 sen.

Posted by risktoreward > 2021-08-05 10:15 | Report Abuse

follow @TheContrarian into LB @ 92.5

Posted by milosh > 2021-08-05 10:54 | Report Abuse

aluminum in high demand, shortage

Posted by trustmenojoke > 2021-08-05 12:22 | Report Abuse

Collected

Posted by Piratebilis > 2021-08-05 14:14 | Report Abuse

2nd round of earnings starting soon.. factory workers also fully vaccinated already..

Posted by risktoreward > 2021-08-06 09:41 | Report Abuse

catch and release @ 0.93, need to balance risk. wish good gains for all!

Posted by TheContrarian > 2021-08-06 10:30 | Report Abuse

@risktoreward, why sell so fast?

Posted by risktoreward > 2021-08-06 10:35 | Report Abuse

@thecontrarian yes bro, alot of volatility in the market, I want to keep healthy cash buffer to capture any potential good deal

Posted by TheContrarian > 2021-08-06 10:43 | Report Abuse

This counter 3 for 4 bonus coming, results also very good, got dividend also.

Posted by risktoreward > 2021-08-06 10:50 | Report Abuse

I will relook after the bonus issue certainly, because bonus issue introduces alot of volatility to the price

Posted by Luckyboy88 > 2021-08-06 17:16 | Report Abuse

@risktoreward, u had got a very good deal for LB at 0.925. Worst all price in, not because fundamental change but incompetent govn. Incompetent policies.

But why sell at 0.93?? Worst than hng33

Posted by risktoreward > 2021-08-06 18:06 | Report Abuse

you guys are right. Look back at the price actions, this one's for keeps. I will reenter on Mon

Posted by risktoreward > 2021-08-06 18:09 | Report Abuse

post breakup, baru treasure more ma. hahaha

Posted by risktoreward > 2021-08-06 18:10 | Report Abuse

no date on bonus issue yet right? I hate bonus issues

Posted by risktoreward > 2021-08-06 18:11 | Report Abuse

absolutely abhor it, serves no purpose

Posted by Luckyboy88 > 2021-08-08 15:57 | Report Abuse

Best bet to ride on strong uptrend surge in commodities (aluminium /steel). There are only 6 fingers to choose from for aluminium :

1) PMETAL
2) LBA
3) ARANK
4)PMBTECH
5) ALCOM
6) PA

No doubt the best listed aluminium company is always PMETAL, but my bet goes to 2) and 3)

PMETAL for rich man play and valuation in term of pe is currently at 70x
PMBTECH wouldn't enjoy today price if its not link to PMETAL. Alcom PAT is derived mainly from construction and MCO3 will greatly impacted it coming qr. PA qr fluatute tie up with heavy leg (1.2 billion shares) with pe 22x.

Come back to LBA : sign of price reversal already showing. Awaiting news of moving to phase 2 of NRP in days to come.

Near term rewards to shareholders :
1) bonus issue of 3:4 ex sept
2) final div of 0.4375 ex 1th oct
3) property gain disposal of 4m++ ( reduce gearing)
4) surprised productivity at reduced rate during MCO3
5) 8% increased in aluminium price since lock down.

Posted by TheContrarian > 2021-08-09 09:45 | Report Abuse

Go, go, go LBAlum.

Posted by Piratebilis > 2021-08-09 15:49 | Report Abuse

Last call last call before train moves to rm1 and above

Posted by Bgt 9963 > 2021-08-09 17:16 |

Post removed.Why?

Posted by risktoreward > 2021-08-11 19:25 | Report Abuse

nibble @ 0.97 today

Posted by Bgt 9963 > 2021-08-12 08:06 |

Post removed.Why?

Posted by trustmenojoke > 2021-08-12 13:14 | Report Abuse

good luck ~

Posted by Bgt 9963 > 2021-08-12 16:40 |

Post removed.Why?

Posted by Luckyboy88 > 2021-08-25 14:00 | Report Abuse

Counting down to ex- bonus. All the best guys!!

Posted by Stitcher > 2021-08-25 15:54 | Report Abuse

wah..discount eh

Posted by Putrajaya666 > 2021-08-25 15:55 | Report Abuse

Screw up counter...wth

Posted by sasword > 2021-08-25 16:37 |

Post removed.Why?

Posted by Stitcher > 2021-08-25 16:42 | Report Abuse

will wait after bonus.. doesnt look good at all

Posted by SIQ555 > 2021-08-28 21:06 | Report Abuse

Aluminium features trading above$2,600 a tonne, highest since June 2011 and on the uptrend. Foreseen upsurge in the overall international consumption by 8%, on the back of climate change investment.
Lately, steel prices quite unsettled compare to constant upward progression of aluminium valuation.