ACH

[buddjas1]

Business - ACH refines and sells aluminum.  ACH is located in China.

Fundamentals -
- Shares outstanding - 11,649,876,153 shares, comprising 7,705,910,185 Domestic Shares, representing approximately 66.15% of the entire issued share capital and 3,943,965,968 overseas listed foreign invested shares (H shares) accounting for approximately 33.85% of the entire issued share capital.

http://www.sec.gov/Archives/edgar/data/1161611/000116161107000022/d6k.htm

One (1) ADR share equals 25 of the H shares.  

http://www.sec.gov/Archives/edgar/data/1161611/000116161106000055/d6k_changeofadss.htm

- Revenue

Q1-Q2 FY06     Q1-Q2 FY05
27,400,625     17,848,749
RMB('000s)

FY2005          FY2004           FY2003             FY2002           FY2001
37,110,319   32,313,076     23,245,858      16,792,766     15,987,913
RMB('000s)

http://www.sec.gov/Archives/edgar/data/1161611/000116161106000031/ar.htm

- Net Income
Q1-Q2 FY06     Q1-Q2 FY05
7,001,767        3,682,552
RMB('000s)

For the full year 2006, analysts predict a 60% rise over FY05:
http://www.bloomberg.com/apps/news?pid=conewsstory&refer=conews&tkr=2600:HK&sid=au.CAMfErYno

FY2005          FY2004           FY2003             FY2002           FY2001
7,229,167    6,622,916       3,797,175         1,493,582       1,727,763
RMB('000s)

- EPS
Q1-Q2 FY06     Q1-Q2 FY05
0.60                0.30
RMB
Conversion 1RMB = .1291 USD

FY2005     FY2004      FY2003       FY2002       FY2001
0.65         0.60          0.36           0.14             0.22
RMB

http://www.sec.gov/Archives/edgar/data/1161611/000116161106000031/ar.htm

Q1-Q2 FY06       Q1-Q2 FY05
0.077 $/share   0.0387 $/share

- PE ratio

ADR Price = $25.20  http://finance.yahoo.com/q/pr?s=ACH
1 ADR = 25 H Shares
Actual $ per share  = $25.20/25 = $1.008 / share
Annualize Q1-Q2 FY 06 = $0.154
PE ratio = $1.008 / $0.154 = 6.54

- Valuation
Aluminum Industry Average Valuation = 25.5
http://biz.yahoo.com/ic/132.html

If ACH were to reach an average PE ratio, then the share price would need to be 3.89 times the current price of $25.20.  With earnings rising at 60% year to year, this PE ratio is worthy.

Growth Strategy -
This article says it nicely:
Chalco Profit May Rise to Record on Acquisitions, Higher Prices

http://www.bloomberg.com/apps/news?pid=conewsstory&refer=conews&tkr=2600:HK&sid=au.CAMfErYno

ACH is in the process of acquiring its smaller competition in China.  

Shandong Aluminum Industry Co., Limited (Not yet closed)
                                    31 December 2005     31 December 2004
Net profit before tax    1,224.8                           1,148.0
Net profit after tax       869.6                              827.8
(RMB in millions)
 

Lanzhou Aluminum Co., Limited (Not yet closed)
                                    31 December 2005     31 December 2004
Net profit before tax    130.0                             126.3
Net profit after tax       112.3                             107.6
(RMB in millions)

http://www.sec.gov/Archives/edgar/data/1161611/000116161107000009/transactions.htm
http://www.sec.gov/Archives/edgar/data/1161611/000116161107000022/d6k.htm

Fushun Aluminum Company Limited (Acquired March, 2006)

Had the acquisition been occurred on January 1, 2006, the acquired business would have contributed revenues of RMB753,136,000 and net profit of RMB37,828,000 to the Group for the period from 1 January 2006 to June 30, 2006, and consolidated revenue and consolidated net profit for the six months ended June 30, 2006 would have been RMB27,490,611,000 and RMB7,003,123,000, respectively.

http://www.sec.gov/Archives/edgar/data/1161611/000116161106000045/d6kirannouncement.htm

In addition, ACH has built two new refineries, which will commence production this year.  

http://www.sec.gov/Archives/edgar/data/1161611/000116161106000057/d6k_ct.htm

- Chart
See below.  

[jorgegr]

News out about a takeover -  their future is bright !!!

China's Chinalco to buy Peru Copper

By Laura Mandaro, MarketWatch
Last Update: 11:05 AM ET Jun 11, 2007


SAN FRANCISCO (MarketWatch) -- Peru Copper Inc. said Monday it's agreed to a $792 million acquisition by government-owned mining giant Aluminum Corp. of China in a deal that takes out one of the few remaining independent copper-mining companies.
Vancouver-based Peru Copper (CA:PCR: news, chart, profile) (CUP : peru copper inc com
News , chart , profile , more
Last: 6.12+0.15+2.48%

11:01am 06/11/2007

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Sponsored by:
CUP6.12, +0.15, +2.5%) , which has an agreement to develop copper deposits in the South American country's Toromocho project, said it has received a friendly takeover bid valuing the company at $6.22 a share (C$6.60) in cash.
The offer represents a 21% premium to Peru Copper's 20-day volume-weighted average trading price on the Toronto Stock Exchange, the company said.
Peru Copper's U.S.-listed shares rose 3% to $6.15 a share in morning trading.
Aluminum Corp. of China (ACH : aluminum corp china ltd spon adr h shs
News , chart , profile , more
Last: 34.12+0.40+1.19%

11:01am 06/11/2007

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Sponsored by:
ACH34.12, +0.40, +1.2%) , or Chinalco, owns one of the world's biggest aluminum producers, known as Chalco. Chalco produces 9.2% of the light metal, just a notch down from Alcoa Inc. (AA : alcoa inc com
News , chart , profile , more
Last: 39.65-0.01-0.03%

11:01am 06/11/2007

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Sponsored by:
AA39.65, -0.01, 0.0%) and its 10.9% share, according to consultancy CRU.
But parent Chinalco is a much smaller player in copper, not even ranking in the top five among world producers, which is dominated by Chile's state-owned Codelco and by U.S.-based copper producer Freeport McMoRan Copper & Gold (FCX : Freeport-McMoRan Copper & Gold Inc
News , chart , profile , more
Last: 76.44+0.26+0.34%

11:01am 06/11/2007

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Sponsored by:
FCX76.44, +0.26, +0.3%) . Controlling shareholders have sizable stakes in other, smaller copper companies, making buyouts a hurdle. Grupo Mexico, for instance, owns 75% of Southern Copper Corp. (PCU : southern copper corp com
News , chart , profile , more
Last: 89.70+1.75+1.99%

11:01am 06/11/2007

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Sponsored by:
PCU89.70, +1.75, +2.0%) , based in Phoenix.
Meanwhile, China has become the world's largest consumer of copper due to its own infrastructure needs and its role as an exporter of products like air conditioners and auto-motor parts. Last year, the country used 4 million metric tons of copper, or about 22% of the world's supply. That's up from 10% a decade ago, according to industry estimates. See more on China and copper.
"This is an important step in our strategic growth outside China," said Yaqing Xiao, Chinalco president, in a statement released by Peru Copper.
"We look forward to identifying investment opportunities in Peru and around the world," he said.

[shaker340]

I hope this news will continue to drive the price upward.

[shaker340]

News out about a takeover -  their future is bright !!!

China's Chinalco to buy Peru Copper

By Laura Mandaro, MarketWatch
Last Update: 11:05 AM ET Jun 11, 2007


SAN FRANCISCO (MarketWatch) -- Peru Copper Inc. said Monday it's agreed to a $792 million acquisition by government-owned mining giant Aluminum Corp. of China in a deal that takes out one of the few remaining independent copper-mining companies.
Vancouver-based Peru Copper (CA:PCR: news, chart, profile) (CUP : peru copper inc com
News , chart , profile , more
Last: 6.12+0.15+2.48%

11:01am 06/11/2007

Delayed quote dataAdd to portfolio
Analyst
Create alertInsider
Discuss
Financials
Sponsored by:
CUP6.12, +0.15, +2.5%) , which has an agreement to develop copper deposits in the South American country's Toromocho project, said it has received a friendly takeover bid valuing the company at $6.22 a share (C$6.60) in cash.
The offer represents a 21% premium to Peru Copper's 20-day volume-weighted average trading price on the Toronto Stock Exchange, the company said.
Peru Copper's U.S.-listed shares rose 3% to $6.15 a share in morning trading.
Aluminum Corp. of China (ACH : aluminum corp china ltd spon adr h shs
News , chart , profile , more
Last: 34.12+0.40+1.19%

11:01am 06/11/2007

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Financials
Sponsored by:
ACH34.12, +0.40, +1.2%) , or Chinalco, owns one of the world's biggest aluminum producers, known as Chalco. Chalco produces 9.2% of the light metal, just a notch down from Alcoa Inc. (AA : alcoa inc com
News , chart , profile , more
Last: 39.65-0.01-0.03%

11:01am 06/11/2007

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Analyst
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Financials
Sponsored by:
AA39.65, -0.01, 0.0%) and its 10.9% share, according to consultancy CRU.
But parent Chinalco is a much smaller player in copper, not even ranking in the top five among world producers, which is dominated by Chile's state-owned Codelco and by U.S.-based copper producer Freeport McMoRan Copper & Gold (FCX : Freeport-McMoRan Copper & Gold Inc
News , chart , profile , more
Last: 76.44+0.26+0.34%

11:01am 06/11/2007

Delayed quote dataAdd to portfolio
Analyst
Create alertInsider
Discuss
Financials
Sponsored by:
FCX76.44, +0.26, +0.3%) . Controlling shareholders have sizable stakes in other, smaller copper companies, making buyouts a hurdle. Grupo Mexico, for instance, owns 75% of Southern Copper Corp. (PCU : southern copper corp com
News , chart , profile , more
Last: 89.70+1.75+1.99%

11:01am 06/11/2007

Delayed quote dataAdd to portfolio
Analyst
Create alertInsider
Discuss
Financials
Sponsored by:
PCU89.70, +1.75, +2.0%) , based in Phoenix.
Meanwhile, China has become the world's largest consumer of copper due to its own infrastructure needs and its role as an exporter of products like air conditioners and auto-motor parts. Last year, the country used 4 million metric tons of copper, or about 22% of the world's supply. That's up from 10% a decade ago, according to industry estimates. See more on China and copper.
"This is an important step in our strategic growth outside China," said Yaqing Xiao, Chinalco president, in a statement released by Peru Copper.
"We look forward to identifying investment opportunities in Peru and around the world," he said.

Thanks for the info Jorgegr, so far this trade is working out good for a change, todays close at $35.60.

[shaker340]

Great day today closed at $38.75 up 8.85% today

[jorgegr]

I've been in and out of this stock for some time now and beware
it usually closes its gaps within a short term.
Nevertheless I'm staying invested due to the long term upward trend

GLTA

[shaker340]

I've been in and out of this stock for some time now and beware
it usually closes its gaps within a short term.
Nevertheless I'm staying invested due to the long term upward trend

GLTA

Jorgegr,
   I just got stopped out at $41.05, I guess I had a very aggressive stop, I just wanted to protect my 20% gain in 17 days.  I just got back into the stock a few minutes ago, and wanted to know what to expect from this stock since you have been in and out of this stock for a while.  Thanks in advance.

[jorgegr]

Have to see how it closes today, but its very bullish & volume double of average.
Will see monday morning.

[shaker340]

Have to see how it closes today, but its very bullish & volume double of average.
Will see monday morning.

Well, up another 9.7% closed at $42.51, you are right this is very bullish.  Monday will probably let us know which way it wants to go, have a great weekend.

[jorgegr]

There is a full TA report on this sock at stocks on video-

http://www.stocksonvideo.com/forum/index.php?topic=14.new;topicseen#new

[shaker340]

Thanks I will check it out

[shaker340]

News out today, price now up to $46.85...keep going

[godofstock]

stock is looking good.........

[jorgegr]

Bought this baby again. Seems will go up again over $50

[jorgegr]

Nice comment I suggest readding. Today its openning 15% higher:


http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_A/threadview?m=mm&bn=26893&tid=5656&mid=5656&tof=10&frt=1