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ACH - Aluminum Corp Of China

post #1 of 66
6/15/07 at 2:58pm
Thread Starter 
Aluminum Corporation of China Limited and its subsidiaries engage in bauxite mining, alumina refining, and aluminum smelting businesses in the People’s Republic of China. Its principal products include alumina, primary aluminum, aluminum fabricated products, gallium, and carbon-related products. The company’s Alumina segment involves in mining and purchasing bauxite and other raw materials, refining bauxite into alumina, and selling alumina. This segment also produces and sells chemical alumina, including alumina hydrate, alumina chemicals, and gallium. Its Primary Aluminum segment engages in procuring alumina and other raw materials, supplemental materials and electricity power, and smelting alumina to produce primary aluminum; selling primary aluminum products; and producing and selling carbon products and aluminum-alloy products. The company’s Aluminum Fabrication segment involves in purchasing primary aluminum; other raw materials; supplemental materials and electricity power; and further processing primary aluminum for the production and sale of aluminum fabricated products, including casts, planks, screens, extrusions, forges, powder, and die castings. Aluminum Corporation of China Limited also engages in providing design services and consulting services; providing repair and maintenance services for electrical plant and machinery; manufacturing and distributing alumina ceramic products and electronic products; and processing and distributing non ferrous metals; alumina importing and exporting operations. The company was founded in 2001 and is based in Beijing, China. Aluminum Corporation of China Limited is a subsidiary of Aluminum Corporation of China.


chart.ashx?t=ach&ta=1&p=d&s=l
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post #2 of 66
6/22/07 at 5:10am
ACH's reasoning is very simple:

1) With the Baotou Aluminum addition, probably ACH will match or even slightly surpass AA's annual production of aluminum.
2) Yet ACH has a market cap of $19.3 B and AA has a market cap of $36.12 B.
3) ACH's revenue growth in 2006 was 88.6%. AA's revenue growth was 16%.
4) ACH's net profit margin in 2006 was 18.9%. AA's net profit margin was 7.4%.

Compared to AA I'd believe this should be trading at least 57$/share

Quote:
Originally Posted by LuckyOne View Post
---This stock has gone from $34 on Monday to $35 on Tuesday to $38 on Wed to over $42 today.
-----

.
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post #3 of 66
7/3/07 at 4:21pm
Thread Starter 
Stock is almost up to $49. Moved up $5.5 today.
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post #4 of 66
7/3/07 at 4:30pm
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post #5 of 66
7/6/07 at 11:03am
Thread Starter 
This stock is going to have a nice day. I think she closes near $48 today.
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post #6 of 66
7/9/07 at 9:37am
Thread Starter 
Up 3% in Hong Kong. This stock will test the $50 mark this morning.
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post #7 of 66
7/13/07 at 12:08pm
Up again in Hong Kong nearly 2%.
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post #8 of 66
7/13/07 at 12:24pm
Very strong in the past year.

A lot of open interst above $50. Should hold $50 well at least throughout July.

Slow stock topping but making new 5 year highs .
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post #9 of 66
7/13/07 at 2:37pm
$70-80 growth growth growth

Quote:
Originally Posted by bigbull View Post
Very strong in the past year.

A lot of open interst above $50. Should hold $50 well at least throughout July.

Slow stock topping but making new 5 year highs .
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post #10 of 66
7/13/07 at 2:43pm
Fully agree Rossi. It pays to own growth. Cash is KING.

Take a look at MTL. It is in the same sector and it to is making tons of money. Reported earnings this week that suprised many. Revenues increased 66% year over year. Their curently growing 47% year over year and 18% quarter over quarter. We could easily see this company grow above 50% this time around next year.
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post #11 of 66
7/13/07 at 2:52pm
This is a pretty old article, but interesting nevertheless.

http://www.marketwatch.com/news/stor...yhoo&dist=yhoo

Quote:
Seven for '07
Commentary: Technically superior stocks for the new year
By Harry Boxer, The Technical Trader
Last Update: 11:59 AM ET Jan 10, 2007

LOS ANGELES (TechTrader) -- As we start the new year, we've identified seven stocks whose chart patterns and underlying indicators rank high on our technical screens.
Interestingly, four of these stocks are companies based in or doing business in China, as many stocks in this area are in intermediate uptrends.
Chart of ACH
Aluminum Corp. of China (ACH :
aluminum corp china ltd spon adr h shs
News , chart , profile , more

ACH47.70, -0.07, -0.1% ) , the world's second largest aluminum company, had a big run in 2005 through the spring of 2006, when it jumped from 12.50 to nearly 28. A deep intermediate pullback occurred, pulling it back into the mid-teens on three occasions, successfully testing the 15-16 zone.
A five-wave advance occurred during the fourth quarter of 2006, taking it from the October lows at around 15.50 to near 26 before a sharp pullback occurred last week. ACH has pulled back to multiple price, trendline and moving average support after strong volume broke it out of its base, and I believe that the downside may be limited from here. The 27-28 zone is initial resistance and my first trading target, beyond which I'm looking for something in the low 30s intermediate-term and then perhaps in the 38-40 range longer-term. Support is around 21.50 and beneath that 18.50 -19.
The article mentions several other companies, but this one was by far the best pick.
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post #12 of 66
8/22/07 at 11:15am
Thread Starter 
ACH (2600.hk) was up over 16% in Hong Kong overnight. Should be a huge open. I had 16 Sept 40 calls, but sold 8 prior to earnings. Mad decent money on those, will make big money on the rest.
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post #13 of 66
8/22/07 at 12:51pm
sick move up

15% this morning
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post #14 of 66
8/24/07 at 6:52pm
wow.........monster
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post #15 of 66
8/24/07 at 6:54pm
Thread Starter 
Woo....I got out Thursday morning around $49. I thought the ride was over. Oh well, I caught the first part of the action.
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post #16 of 66
8/25/07 at 4:06pm
Aug 23, 2007 (Zacks Investment Research via COMTEX) -- Top supplier Aluminum Corp. of China, or Chalco (ACH) retains its Buy recommendation from Zacks senior Chinese markets analyst Paul Cheung, CFA. For details, we checked his latest research report on the company:

Chalco announced strong revenue growth for the first half of 2007 mainly due to production increases of primary aluminum products. However, its net profit fell 5% due to a slip in aluminum and alumina prices. The company should continue to benefit from strong alumina and aluminum demand in China, as the company has the best-balanced value chain in the Chinese aluminum industry.

Moreover, it plans to continue to increase its production capacity aggressively. Given its overall positive prospects, we are maintaining our Buy recommendation on Chalco shares.

Based on our estimate for fiscal year 2007 earnings per ADR [American Depositary Receipt], the company is trading at 12.4x, which is slightly higher than industry mean. Using a P/E [price-to-earnings] multiple of 15.0x our fiscal year 2007 earnings per ADR estimate yields a target price of $50.00, which we believe reflects the company's growth prospects.
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post #17 of 66
8/27/07 at 10:47am
Thread Starter 
ACH is up 32% in Hong Kong.....32%???? Wow.
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post #18 of 66
8/27/07 at 11:00am
Thread Starter 
Last trade in US for ACH was $52....bid is at $66....gonna open up huge and this was after it had a monster week.
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post #19 of 66
8/27/07 at 11:54am
Thread Starter 
Truly sick....60 Sept Calls which were going for $1.70 on Friday, will be over $8 this morning.
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post #20 of 66
8/27/07 at 12:26pm
*kicks himself for not buying in January*
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