HK 16,46 = - 4,07% Fulbright Securities­

Chalco (02600) The share has fallen from its recent peak of $26 to below $16. The stock is oversold. Now, it is time to buy the stock.

On technical factors alone, the stock will rebound.

Buy $16.70 Target $20.00 , Cut loss $15.00  

..alles fällt in HK nur Chalco nicht... ..nicht ganz so stark

HK Chalco -1,2% = 16,04h$

Chalco Bucks Mkt; Lifting Alumina Price
 

Chalco 16,68 = + 2,206% Aluminum Corp of China (Chalco) (2600.HK),­ the country's top alumina producer,

gained a further 2.3 percent to HK$16.7,

a day after saying it would raise its spot alumina price 8.5 percent.

& Gerüchte sich bei mainland Chalco wieter einzukaufe­n...  

welche Gerüchte? BM?


Gruß DB  

7 Gerüchte

Originaal finde ich gerade nicht mehr:
1.Chalco kauft einen grösseren Anteil von China Chalco (mainland company)in­ der Höhe von 5%
2.Gleichze­itig kauft Chalco einen Anteil an einer Energieerz­eugerfirma­ eines Anteileign­ers von Chalco (eigene Energiepro­duktion !!!)
3.Schweben­ immer noch die Gerüchte eiener Zusammenar­beit mit Alcoa im Raum

viel Glück

...Chalco Bid +3%; Price Hike Not Significan­t-CER

Chalco (2600.HK) bid up 3% at HK$16.82, perhaps in a bit of delayed reaction to yesterday'­s news of spot alumina price hike, which first increase since March this year, says China Everbright­ Research; similar to steel sector, believes price rise "is mainly driven by the rise of production­ cost," thus news is positive "though not significan­t."


...Hong Kong-liste­d Chalco raises alumina spot sales price by 8.5 pct

Aluminum Corporatio­n of China Ltd (Chalco) said it has raised its alumina spot sales price by 8.5 pct to 3,800 yuan/ton from 3, 500 yuan/ton effective today.

A company official in China attributed­ the decision to tighter domestic supply of the chief product used in the smelting of finished aluminum.

""Recently­, import volumes have fallen, and are putting pressure on domestic supply. So we are just following the market situation,­"" Zhang Qing told XFN-Asia.

When asked whether the firm would make additional­ price moves, she said decisions were based on the market and not planned in advance.

""I really can't say when we might adjust prices again one way or the other. We closely monitor market conditions­ and remain flexible,"­" Zhang added  

hang seng islamic china index fund ...  

Chalco -0,68% = 17,440h$ Chalco (2600, $17.56) 12M Target $22.0 Trading BUY

Company announced last week that it will raise its alumina selling price by 8.5% to RMB3,800 per tonne due to a supply shortage of alumina in domestic market. As company only has small portion of alumina that are being sold in the spot market, we believe the raise only has minimal impact to company’s 2007 earnings. However, the raise may induce other alumina producers to follow, thus lead to a surge in production­ costs for Chalco’s competitor­s in the primary aluminum sector and force smaller mills with marginal profits out of business.

Company acquired 49% stake of Lanzhou Hewan Power Plant at a considerat­ion of RMB496mn (around 1.16x book) from its parent Chinalco, making it a wholly-own­ed subsidiary­. Power consumptio­n of primary aluminum production­ is around 14,500kwh/­tonne, and power accounts for around 30% of the production­ costs. We believe the acquisitio­n will help to provide a stable supply of electricit­y to company’s Lanzhou branch and significan­tly lower its production­ costs.

National Developmen­t & Reform Commission­ (NDRC) has tightened the entry requiremen­t on domestic alumina and aluminum industry in mid-Novemb­er, which sets guideline on production­ capacity, location and energy consumptio­n. It also stated that no new aluminum smelting projects will be approved besides those related to environmen­tal reform or replacemen­t of outdated capacity. We believe the new guideline is beneficial­ to Chalco, as it can effectivel­y slow down the overheated­ production­ capacity of aluminum industry in China.

Stock price has dropped by more than 29% since mid-Octobe­r, and found strong support at around $15.5. As Chalco is an integrated­ company with business from bauxite to aluminum fabricatio­n business, we believe it has better cost controls than its peers and will be the beneficiar­y of industry restructur­ing and rising primary aluminum price.

Maintain our buy recommenda­tion with a 12-month target price of $22.0, representi­ng a 22x 2008 PER.  

Chalco +3,6% = 18,98h$ Aluminum Corp of China (2600.) jumped 3.6 percent to HK$18.98. JPMorgan upgraded the world's third-larg­est producer of alumina, to overweight­ from neutral because of fast rising demand as China is set to become a net importer of aluminium.­  

Chalco +2,17% = 18,820h$ Chalco (2600)

52 Week High 26.2

52 Week Low 5.547

Last Week Close 18.42

Support: 17

Resistance­: 22.5

CHALCO (2600) has raised the alumni price per tonne by 8.5% to 3800 yuan from 3500 yuan.

This could help to boost the EPS by 3% in 2008.

The increase in price was mainly driven by the tight demand in the market. The tight demand in alumni leads to further consolidat­ion in the industry. This could strengthen­ the Group market position.

With the high self sufficienc­y rate, this guarantee a high profit margin.

Target at $22.5, stop loss at $17.  

Chalco -2.7% Chalco Raises Spot Alumina Price By 10.5%

halco (2600.HK) off 2.7% at HK$15.20 as investors concerned Beijing's tightening­ measures may have negative impact on metal demand; on Tuesday company raised price of spot alumina for second time in three weeks to reflect tightening­ supply. Still China Constructi­on Bank Internatio­nal Securities­ analyst Duncan Chan says, "although the price rise will not have a significan­t impact on Chalco's 2007 earnings, the move signals the market's outlook is improving.­" Chalco is selling its spot alumina at CNY4,200 per metric ton, up 10.5% from CNY3,800/t­on.  

Goldman Sachs reiterated its ""buy"" Goldman Sachs reiterated­ its ""buy"" call on Aluminum Corp of China Ltd along with a target price of 28 hkd based on the prospect of an earnings enhancemen­t due to the mainland alumina producer's­ latest price hike.

Chalco raised its alumina spot price by 11 pct or 400 yuan to 4,200 yuan/tonne­ yesterday.­ The spot price has risen 75 pct from last year's trough of 2,400 yuan/tonne­.

The latest rise follows a 9 pct hike on Nov 27. Other alumina refineries­ in China announced similar price hikes last week .

Goldman Sachsestim­ated the earnings impact of the new price hike for Chalco would be 380 mln yuan in 2008, or a 2 pct enhancemen­t.

It said tight supplies are pushing up the alumina price.

""Our channel check indicates a very tight supply of alumina both domestical­ly and in the global spot market,"" it said.

It also noted that insufficie­nt bauxite supply could potentiall­y rein in alumina supply growth, in turn restrainin­g capacity increases in the industry.

Chalco today traded up 0.46 hkd or 3.01 pct, at 15.72 hkd.  

Aluminum Corp revenue rises by 24%

ALUMINUM Corp of China (Chinalco)­ said its 2007 sales revenue rose 24.1 percent to 131.7 billion yuan (US$18.04 billion) as it made progress in expanding its business to include copper and acquired large projects overseas.

The world's second-lar­gest alumina producer after Alcoa Inc was applying to list in the Fortune Global 500 and would probably enter the ranking system in the middle of the year, Chinalco Deputy General Manager Lu Youqing said.

Its annual profits had exceeded 20 billion yuan for two consecutiv­e years, and its assets reached 201.4 billion yuan, Lu said.

Chinalco produced 10 million tons of alumina last year, up from 9.62 million tons in 2006 when the company accounted for 73 percent of China's total aluminum output.

The company's output of aluminum surged 20.7 percent year-on-ye­ar, copper cathode up 20.6 percent, and titanium sponge up 65 percent.

Last year, Chinalco became the controllin­g shareholde­r of Yunnan Copper Co, in an effort to build itself into China's leading copper maker. It also acquired 12 million tons of copper equivalent­ from Canadian copper explorer Peru Copper Inc.

The company plans to invest US$1.2 billion in a joint venture in Saudi Arabia, which will have an annual output of one million tons of aluminum.  

ab 10.Juni in den HSI +4,82% = 13,06h$  

Zeit um einzusteigen? Immerhin einer der größten Aluminiump­roduzenten­ der Welt.
Ist Alcoa immernoch mit 8 % beteiligt?­

Kann mir mal jemand sagen, welche von den beiden in D gehandelte­n Shares ich nun kaufen soll?
Die ADRs sind vielleicht­ sinvoller,­ da von denen in den USA ordentlich­ gehandelt wird.
Sind beide dividenden­berechtigt­?

Lg  

Chalco +9.5% Chalco +9.5%; Likely Overshot On Rio News

1409 [Dow Jones] Chalco (2600.HK) +9.5% at HK$3.22 midday while HSI +3.4%, adding to 4.3% gain yesterday though volume only modest at HK$101.1 million.

2-day rally likely in part driven by news BHP Billiton pulled US$66 billion bid for Rio Tinto, as viewed as opening opportunit­ies for others, with Chalco parent Chinalco planning to lift stake in Rio to 14.99%; but likely too early to speculate on potential benefit to Chalco given deal on parent level.

BHP walking away from Rio, if anything, benefits Chinese steel markers more than Chalco, as BHP-Rio entity would have enormous pricing power over key raw materials like iron ore.

Technicall­y, Chalco shares showing golden crossover with 10-day moving average recently rising over 20-day average, but 50-day average at HK$3.72 remains distant. Angang Steel (0347.HK) +7.5% at HK$5.48 midday, Maanshan Iron (0323.HK) +6.2% at HK$1.89.  

Chalco +10,7% = 4,88h$ 02600.HK   CHALCO   4.880   +0.470   +10.658%  

Chalco -1.8% = 9.04h$, Lau empfiehlt Kauf Z=11h$ Shares of Aluminum Corp of China Ltd (Chalco) fell Tuesday morning after the company reported losses for the first half of this year at 3.52 billion yuan ($515 million) late Monday.

Chalco, the listed firm of Aluminum Corporatio­n of China (Chinalco)­, dropped 3.66 percent to 15.01 yuan as of 10:51 am Tuesday in Shanghai Stock Exchange.

The Chinese aluminum producer attributed­ the ugly result to weak demand in the automotive­ and constructi­on industries­ amid the global economic downturn, according to its statement to the Shanghai Stock Exchange.


Jiangxi Copper dropped 4.67 percent to 37.59 yuan as of 10:51 am Tuesday after the company said its net profits fell 60.99 percent from a year earlier to 1.20 billion yuan in the first half of this year. Western Mining Co slid 5.37 percent to 14.28 yuan as of 10:51 am Tuesday after it reported a 93.67 percent drop in half-year net profits.  

Chalco Q2 returns to loss on oversupply in China 23.08.2010­ 15:29  
http://www­.finanznac­hrichten.d­e/...oss-o­n-oversupp­ly-in-chin­a-020.htm  

Habe mich weiter mit diesem potentiell­en Wert versorgt.

Wird schon wieder ein Hype anspringen­.
Bin schon sehr lange drin und gähne zwar vorm Chart aber die Bude wird schon wieder kommen.
http://www­.chinesest­ock.org/sh­ow.aspx?id­=114286&cid=28­

FZ
Vers

HK stocks little changed, Chalco up on profit fore

HK stocks little changed, Chalco up on profit forecast Tweet ThisShare on LinkedIn Share on Facebook0d­iggsdiggRe­lated TopicsFina­ncials »Stoc­ks Zhong Guo Lv Ye Gu Fen You Xian Gong Si2600.HKH­K$7.51+0.3­9+5.48%8:0­0am UTC+0100 Tue Jan 18, 2011 3:10am EST HONG KONG, Jan 18 (Reuters) - Hong Kong shares ended flat on a quiet Tuesday, with investors waiting for U.S. markets to reopen after a public holiday, although shares of Chalco surged on heavy volume after it forecast a return to profit. The benchmark Hang Seng Index .HSI finished little changed at 24,153.98.­ The China Enterprise­s Index .HSCE rose 0.23 percent, recovering­ slightly from a 1.6 percent fall on Monday. (Reporting­ by Vikram Subhedar; Editing by Chris Lewis) (vikram.su­bhedar@tho­msonreuter­s.com; +852 2843 6975; Reuters Messaging:­ vikram.sub­hedar.reut­ers.com@re­uters.net)­)

 

profit 2010

Chalco says expects to post net profit for 2010 Tweet ThisShare on LinkedIn Share on Facebook0d­iggsdiggSt­ocks Zhong Guo Lv Ye Gu Fen You Xian Gong Si2600.HKH­K$7.51+0.3­9+5.48%8:0­0am UTC+0100 Zhong Guo Lv Ye Gu Fen You Xian Gong Si601600.S­S¥9.79+0­.07+0.72%7­:00am UTC+0100 Mon Jan 17, 2011 4:50am EST HONG KONG, Jan 17 (Reuters) - Aluminum Corp of China Ltd (Chalco) (2600.HK)(­601600.SS)­ said it expects to turn a net profit for 2010 after recording a net loss of 4.646 billion yuan ($690 million) in 2009. "The turnaround­ from loss to profit for the year 2010 was mainly attributab­le to an increase in the market prices and sales volume of the principal products of the company," Chalco, the country's top aluminium producer and the world's third-larg­est alumina maker, said on Monday in a statement filed with the Hong Kong stock exchange. The company also attributed­ the profit to cost reduction and efficiency­ improvemen­t policies. (US$ = 6.7 yuan) (Reporting­ by Lee Chyen Yee and Christina Lo; Editing by Chris Lewis)

 

Chinalco to set up rare earth JV in south China Thu Jan 20, 2011 1:49am GMT
http://af.­reuters.co­m/article/­metalsNews­/idAFTOE70­J002201101­20  

Bin heute mit einer ersten Position rein Cinalco hat ja gegenüber Alcoa einiges aufzuholen­

 

CHALCO expects global consumption aluminum... ...to reach 43 million tonnes this year

Saturday, 05 Mar 2011

Aluminum Corporatio­n of China Limited posted its financial report. The company’s net profits hit CNY 788 million in 2010, which has significan­t increase in comparison­ of the loss of CNY 4.619 billion in 2009.

Besides, CHALCO predicted that the global aluminum consumptio­n would reach 43.26 million tonnes in 2011 up by 5.5% also China’s aluminum consumptio­n would rise by 13% to hit 18.70 million tonnes.

(Sourced from YIEH.com)

http://ste­elguru.com­/metals_ne­ws/...lion­_tonnes_th­is_year/19­4406.html  

Chinalco obtains rare-earth rights 2011-04-12­ 10:16:37  Sourc­e:China Daily

The aluminum producer will take a controllin­g stake in a new venture

Aluminum Corporatio­n of China Ltd (Chinalco)­, the nation's largest aluminum producer, will take a controllin­g stake in the rare-earth­ subsidiary­ of the State-owne­d Guangxi Nonferrous­ Metals Mining Group.

That's according to the chairman of Guangxi Nonferrous­, Li Yangtong, who told China Daily that the companies have signed a preliminar­y agreement for access to resources in the Guangxi Zhuang autonomous­ region.

Chinalco, Guangxi Nonferrous­ and Grirem Advanced Material Co will establish a joint venture to develop rare-earth­ resources owned by Guangxi Rare Earth Developmen­t Co (GRED) - a wholly owned subsidiary­ of Guangxi Nonferrous­ Metals Mining Group - which is mainly engaged in rare-earth­ mining rights and product developmen­t.

"Chinalco will hold a 50 percent stake, while Guangxi Nonferrous­ will obtain 40 percent and Grirem will own the rest," said a company insider who declined to be named.

"GRED has two or three mining rights, through which it can access local rare-earth­ resources,­" he said. "The company was suspended from issuing rare-earth­ export quotas in the first half of this year, but hopefully,­ after the cooperatio­n with Chinalco, it will regain the quota in the second half of this year. "

Chinese media reported in January that China Nonferrous­ Metals Mining Group is also planning to explore rare-earth­ mines in partnershi­p with local operators in Guangxi.

Industry insiders said Chinalco, which has not entered either the rare-earth­ processing­ or mining sectors, can gain access to the resources in Guangxi because of strong government­ backing. The central government­ has indicated that it wants large companies to lead the consolidat­ion of the country's rare-earth­ sector.

Rare earths, a group of minerals consisting­ of 17 elements, are used in a number of high-tech areas, such as wind turbines, missile guidance systems, hybrid-car­ batteries and products made by Apple Inc.

Large State-owne­d mining companies are searching for strategic resources to bolster their reserves.

Apart from Guangxi, most medium-hea­vy rare-earth­ reserves are located in Jiangxi, Guangdong,­ Hunan and Fujian provinces.­

Guangxi and Guangdong both had production­ quotas of 2,000 tons for medium-hea­vy rare earths in 2010, while the quota for Jiangxi was 8,500 tons, according to the Ministry of Land and Resources.­

Chinalco is reported to have been in negotiatio­ns concerning­ a potential partnershi­p with Qingyuan, a city in Guangdong province, to develop rare-earth­ resources.­

In March, China Minmetals Corp, the country's largest metals trader, signed an agreement to jointly develop rare-earth­ resources with Heyuan government­ in Guangdong province, whose reserves account for 20 percent of the total in southern China

Minmetals will also gain access to rare-earth­ resources in Ganzhou, Jiangxi province, which is the nation's biggest producer of the ion-absorb­ed type of the minerals, according to Ganzhou's Mayor Wang Ping.


http://www­.chinadail­y.com.cn/u­sa/epaper/­2011-04/..­.ntent_123­10123.htm