ALUM Community

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Blue Whale
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Re: ALUM Community

Postby Blue Whale » Sat Feb 03, 2018 9:53 pm

Around 17/- should be a good support level.
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Re: ALUM Community

Postby PAT » Sun Feb 04, 2018 1:54 am

Blue Whale wrote:Around 17/- should be a good support level.


........ :-w
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Re: ALUM Community

Postby Shadow walker » Tue Feb 06, 2018 5:25 pm

Nine months profit dropped by 52% :-?

COS increased as a result of higher aluminium raw material price :(

Finance cost increased drastically . New 2 Billion loans added to the SOFP within last twelve months period.


https://cdn.cse.lk/cmt/upload_report_file/1323_1517913336362.pdf
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Re: ALUM Community

Postby Blue Whale » Tue Feb 06, 2018 6:23 pm

Lot of issues can be seen. The revenue stagnation and raw material cost can be explained. But how you can explain the drastic increase in overheads and finance cost. Looks like the management has messed it up.
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Re: ALUM Community

Postby SHARK » Fri Feb 16, 2018 12:44 pm

some pressure on weekly candle in progress indicate alum could be pushed towards 16....
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Re: ALUM Community

Postby SHARK » Wed Feb 21, 2018 11:13 pm

SHARK wrote:some pressure on weekly candle in progress indicate alum could be pushed towards 16....
extremely oversold situation. so looking forward to see some bargain hunters to push this up :)
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Re: ALUM Community

Postby Blue Whale » Thu Feb 22, 2018 6:59 am

A heavily beaten down stock. If they can find a way to fix the raw material prices then that will be the game changer.
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Re: ALUM Community

Postby SHARK » Thu Feb 22, 2018 9:13 am

Blue Whale wrote:A heavily beaten down stock. If they can find a way to fix the raw material prices then that will be the game changer.
i dont mind the high material cost .... as long as they can pass onto ..... which is possible in a construction boom......

private sector growth which is monitored by cbsl is only holding its upside and for many ....

buy now and we will see many happy faces ... in few years time :D
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Re: ALUM Community

Postby lukedesilva » Thu Feb 22, 2018 10:14 am

The issue is this. As for retail sales you can easily increase prices, in tandem with world raw material prices, depreciation of rupee etc.
But for large scale projects this is limited as prices are fixed under contracts / tenders. All most all suppliers have this issue here in SL.

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Re: ALUM Community

Postby lukedesilva » Thu Feb 22, 2018 10:18 am

Unfortunately we don't have instruments to manage this risk, even FX risk. The amount for regulation that is there for a forward FX contract is monumental.

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Re: ALUM Community

Postby SHARK » Thu Feb 22, 2018 10:22 am

the need of the hour is a statesman .... not politicians .... how far srilanka can go on like this ....
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Re: ALUM Community

Postby lukedesilva » Thu Feb 22, 2018 12:25 pm

Again I feel like breaking into song....

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Re: ALUM Community

Postby Blue Whale » Thu Feb 22, 2018 12:48 pm

Trading at 52w low, 17/-.Is this the bottom :-?
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Re: ALUM Community

Postby lukedesilva » Thu Feb 22, 2018 1:11 pm

I believe alien life is quite common in the universe, although intelligent life is less so. Some say it has yet to appear on planet Earth.

Stephen Hawking

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Re: ALUM Community

Postby Blue Whale » Thu Feb 22, 2018 6:32 pm

*-:) Love to have an alien then :ymblushing:
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Re: ALUM Community

Postby Blue Whale » Thu Feb 22, 2018 6:33 pm

Love to have an alien then :ymblushing:
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Re: ALUM Community

Postby PAT » Fri Feb 23, 2018 7:32 am

Blue Whale wrote:Trading at 52w low, 17/-.Is this the bottom :-?


with the dismal performance can we reasonably expect that the SP would drop down to 15 level ...... :-? *-:)
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Re: ALUM Community

Postby Blue Whale » Fri Feb 23, 2018 7:35 am

PAT wrote:
Blue Whale wrote:Trading at 52w low, 17/-.Is this the bottom :-?


with the dismal performance can we reasonably expect that the SP would drop down to 15 level ...... :-? *-:)


That is my doubt as well. We need to find out the bottom but still I am not sure whether we are in it now.
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Re: ALUM Community

Postby PAT » Fri Feb 23, 2018 7:38 am

13/14 was good entry for trading during past few months .......
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Re: ALUM Community

Postby SHARK » Fri Feb 23, 2018 9:51 am

i will put one of my legs now in alum boat :D
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Re: ALUM Community

Postby lukedesilva » Fri Feb 23, 2018 10:17 am

Now where is the other leg?

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Re: ALUM Community

Postby SHARK » Fri Feb 23, 2018 11:28 am

lukedesilva wrote:Now where is the other leg?

16.50 =))
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Re: ALUM Community

Postby SHARK » Tue Feb 27, 2018 9:09 pm

last few days 17 holding well !
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Re: ALUM Community

Postby SHARK » Tue Feb 27, 2018 10:37 pm

17 ට ගන්නෝ දිනන්නෝ. ටික ටික ගමු.
Price is what you pay. Value is what you get.”

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Re: ALUM Community

Postby Blue Whale » Wed Feb 28, 2018 7:14 am

No harm start the buying slowly from current levels but prepare for some more deep diving.
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