Posted by Johnwong03 > 2021-10-12 15:41 | Report Abuse

Aluminum futures broke above $3,050 per tonne for the first time since July 2008 as supply disruptions intensified on soaring energy costs. Smelters in China's Qinghai province were told to reduce production to lower the power load, while in Europe aluminum producers are also facing risks. Rising energy prices decrease production profitability causing aluminum smelters to curtail production. Dutch producer Alde announced it will cut output by 60-70% at its Delfzijl aluminum smelter due to high electricity prices. Meanwhile, the European Union imposed an anti-dumping duty on flat-roller aluminum from China excluding some key materials such as metal used by drinks cans, cars and aircraft industrials.

Posted by Elitetrader > 2021-10-12 22:10 | Report Abuse

Yeah...it just broke 3100

Posted by ket4212 > 2021-10-13 08:00 | Report Abuse

good morning

Posted by cK1973 > 2021-10-13 08:57 | Report Abuse

Let's see how the price movement today. Might have a consolidation of price before next uptrend.
Good prospect for their business as demand for extrusion is at highest this moment.
Good luck guys

Posted by MorningGlory123 > 2021-10-13 08:58 | Report Abuse

Mycron very high chance to be targeted to privatise due to :-

Net profit : RM 59 mil

EPS : RM 0.1563 (YA2021)

NTA : RM 1.36

Gearing : NIL (nett cash)

Major shareholder : Melewar Industrial Group Bhd (74.15%)

Assumption privatisation : only RM 1.00 (about RM 85 mil cost only)

Remark : International HRC price surging from $1,370 to $ 1,899 (within 6 months period)


Watch out super GEM undervalue LEADER of coll rolled coil manufacturer

Posted by iamismail > 2021-10-13 16:40 | Report Abuse

https://www.investing.com/commodities/aluminum

Posted by iamismail > 2021-10-13 16:41 | Report Abuse

Aluminium price up and up...

Lbalum
Alcom
Arank

Posted by SharehlderOppression > 2021-10-13 16:43 | Report Abuse

Unfortunate LB not covered by analyst.
But good company.

Posted by Elitetrader > 2021-10-14 12:42 | Report Abuse

Show will start.

Posted by cctan88 > 2021-10-14 17:00 | Report Abuse

tomorrow, show time

Posted by Elitetrader > 2021-10-14 21:30 | Report Abuse

Aluminium heading higher...

Posted by ket4212 > 2021-10-15 08:22 | Report Abuse

good morning

Posted by kfliau > 2021-10-15 13:52 | Report Abuse

What time is the show?

Posted by Elitetrader > 2021-10-15 16:01 | Report Abuse

Wow. Aluminum continues trending but no show yet.

Posted by cK1973 > 2021-10-19 10:27 | Report Abuse

For longer run should see a strong price movement.
Lion has done that and let's see what LB can do.
Good luck and happy holiday guys

Posted by cK1973 > 2021-10-19 10:40 | Report Abuse

Might see some retracement in coming days but that could be temporary.

Posted by Hoho22 > 2021-10-19 19:43 | Report Abuse

Good show on the way

Posted by ket4212 > 2021-10-20 08:57 | Report Abuse

good morning

Posted by Elitetrader > 2021-10-20 12:18 | Report Abuse

Haizzzz. Back to sleep.

Posted by SharehlderOppression > 2021-10-21 17:11 | Report Abuse

Power curbs and output cuts in China
Has driven steel and aluminum prices sky high

Posted by kfliau > 2021-10-21 19:39 | Report Abuse

But our aluminium and steel stocks are in i.c.u.

Posted by Superb99 > 2021-10-22 06:57 | Report Abuse

Big drop in aluminium price yesterday...gg.com

Posted by Squirtle > 2021-10-22 15:49 | Report Abuse

Slow counter is nobody want
U is go see Theta
Hoseh liao
Huhuhu

Posted by risktoreward > 2021-10-22 15:56 | Report Abuse

Wah someone come and trash talk dy. Give LB 2 weeks

Posted by RothRich > 2021-10-22 18:48 | Report Abuse

I am confident with LB….. when dropped just treat as a chance for yourself to add more ticket saja. Cheers

Posted by Squirtle > 2021-10-25 15:04 | Report Abuse

Lb u is slowly wait
Theta edi make 10 sen liao
Wakakakakka

Posted by kaiheen > 2021-10-25 15:08 | Report Abuse

Why 1Q net profit down 43% so much?

Posted by cK1973 > 2021-10-25 16:48 | Report Abuse

Good counter to invest for long term.

Posted by SharehlderOppression > 2021-10-26 09:11 | Report Abuse

Yea best to buy now before budget announcement
And collect some dividend

Posted by BursaRangers > 2021-10-26 20:52 | Report Abuse

https://klse.i3investor.com/blogs/BursaRangersTechnicalPicks/2021-10-26-story-h1592891903-BursaRangers_Daily_Technical_Picks_27_October_2021.jsp

Posted by Mr.Sm Invest123 > 2021-10-28 08:50 | Report Abuse

KUALA LUMPUR (Oct 28): RHB Retail Research said PMB Technology Bhd is poised for a rebound as it bounced off mildly from a recent pullback to hit the RM14.00 threshold yesterday on surging volume.

In a trading stocks note today, the research house said if the stock manages to breach above that level, strong buying interest may drive the stock towards the RM15.00 level before it reaches the RM16.30 all-time high level.

“Conversely, falling below the RM12.20 support level will cancel this expectation,” it said.
Advertisement

Posted by Ahbeng11 > 2021-10-31 19:41 |

Post removed.Why?

Posted by Elitetrader > 2021-11-02 14:41 | Report Abuse

@Mynightmare...what basis are u using? Or u simply casting fear. LoL.

Posted by kfliau > 2021-11-02 14:47 | Report Abuse

Absolutely disappointing stock. Dividend 2.5 cents, share price drop 5.5 cents despite aluminium price is all time high. No wonder klse is the worst performing burse in the world

Posted by mjojo007 > 2021-11-02 15:06 | Report Abuse

wow suddenly got dump lot...what happens...ha3

Posted by Moneyking543 > 2021-11-02 15:08 | Report Abuse

mee goreng

Posted by SharehlderOppression > 2021-11-02 15:10 | Report Abuse

It is disappointing to you if you are a trader.
But to an investor with holding power, consider adding some into a basket of well-diversified portfolio.

Posted by kfliau > 2021-11-02 16:39 | Report Abuse

Holding power iz one thing. Seeing your stocks not performing in accorfance to rule is another. I also hold plantation stock. Despite cpo at all time high the share price is like shit. I really don't know how to invest in bursa. All by jungle lae

Posted by SharehlderOppression > 2021-11-02 16:46 | Report Abuse

PE at current price only at 3.1x
If you don’t buy when its low
Will you collect only when its price and Pe is high?
This is not a trading stock

Posted by Armageddon > 2021-11-03 15:54 | Report Abuse

Start the engine now!

Posted by Bullacent > 2021-11-07 19:41 | Report Abuse

Ya start the engine to be worst by bursa haha.. bursaa cannot liao lah. Not bug guy in. Not much foregner want in. Only cpf wayang movie , right and left sustained. I am out already.

Posted by cK1973 > 2021-11-09 08:54 | Report Abuse

Consolidation? Perhaps 40 is possible.

Posted by cK1973 > 2021-11-23 09:49 | Report Abuse

Still waiting at 40. Metal prices fluctuated a lot since last Dec. Again, whether sales will be good or not, no one knows as the construction industry is at its lowest this moment and not much activities and new projects in the market. Perhaps, in longer period, the revenue will decrease if situation persists.
Hope for the best and good luck guys

Posted by stainlyho37 > 2021-11-24 11:34 | Report Abuse

al prices still going strong ....collecting now...macd look good...china metal show +ve....!!

Posted by Squirtle > 2021-11-30 09:43 | Report Abuse

Walao i is go sell lb yest but today is up
Is go buy glove yest then today is down
hou yong sui lo

Posted by Squirtle > 2021-12-01 10:01 | Report Abuse

Gloves yao down???
Zhan hai yong sui oh

Posted by cK1973 > 2021-12-02 12:15 | Report Abuse

looks like below 40 is imminent. Well a very good EP

Posted by Squirtle > 2021-12-02 15:30 | Report Abuse

When down ppl scare
When up ppl is go chase
This is human ma !

Posted by Squirtle > 2021-12-09 09:30 | Report Abuse

Sifu analysis is Tenaga up
All will up
Hehehe

Posted by SharehlderOppression > 2021-12-13 12:32 | Report Abuse

Lbalum eps 16.83 sen (FY21)
At 41.5c trading at only at PE 2.46x
Could be a bargain.

In comparison,
Alcoa Corporation 11.35x
Pmetal 49.28x
Aluminium Corporation of China 231.8x