Highlights
KLSE: PMETAL (8869)       PRESS METAL BHD Main : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
2.68   0.00 (0.00%)  0.00 - 0.00  0
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Overview

Market Cap: 10,006 Million
NOSH: 3,734 Million
Avg Volume (4 weeks):3,648,226
4 Weeks Range:2.55 - 2.77
4 Weeks Price Volatility (%):
96.75%
52 Weeks Range:1.53 - 4.50
52 Weeks Price Volatility (%):
59.56%
Average Price Target: 2.76
Price Target Upside/Downside: +0.08

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2017[#1]  |  18-May-2017
Next QR | Est. Ann. Date: 30-Jun-2017  |  16-Aug-2017
T4Q P/E | EY: 18.23  |  5.49%
T4Q DY | Payout %: 1.48%  |  27.00%
T4Q NAPS | P/NAPS: 0.5466  |  4.90
T4Q NP Margin | ROE: 9.26%  |  26.90%

Market Buzz

Date Type Subject
19-Jun-2017 Insider MADAM CHAN POH CHOO (a substantial shareholder) acquired 10,000,000 shares on 16-Jun-2017.
19-Jun-2017 Insider MR KOON POH WENG (a substantial shareholder) acquired 10,000,000 shares on 16-Jun-2017.
19-Jun-2017 Insider MR KOON POH KONG (a company director) acquired 6,000,000 shares on 16-Jun-2017.
19-Jun-2017 Insider DATO' KOON POH TAT (a company director) acquired 6,000,000 shares on 16-Jun-2017.
19-Jun-2017 Insider MR KOON POH WENG (a company director) acquired 10,000,000 shares on 16-Jun-2017.
22-Jun-2017 Additional Listing Exercise of Warrants - 46,800 shares at 0.390.
20-Jun-2017 Additional Listing Exercise of Warrants - 108,200 shares at 0.390.
24-Jun-2017 Forum 4 New Comments

Headlines

Latest Headlines
02/06/2017  Daily Technical Highlights - (ATTA, PMETAL)
19/05/2017  Press Metal - 1QFY17 results point to solid start for the year
19/05/2017  Press Metal Berhad - 1Q17 Within Expectations
19/05/2017  PublicInvest Research Headlines - 19 May 2017
19/05/2017  Mplus Market Pulse - 19 May 2017
18/05/2017  Mother and Warrants
06/04/2017  Press Metal: Smelting Giant In The Making
31/03/2017  Press Metal - Study Trip to Samalaju Plant
13/03/2017  More Upside Seen for Press Metal Berhad
10/03/2017  [转贴] 8869 PMETAL 之铝业霸王 - Leo Ting
07/03/2017  中减产.印澳筑墙.齐力喜迎2利好
06/03/2017  Press Metal - Charging Up on Aluminium Prices
01/03/2017  Daily technical highlights - (PMETAL, SHELL)
01/03/2017  PublicInvest Research Headlines - 1 Mar 2017
01/03/2017  Mplus Market Pulse - 1 Mar 2017
28/02/2017  Press Metal - FY16 Beats Expectations
06/01/2017  Press Metal - Building on Profitability

Business Background

Press Metal Berhad is engaged in the manufacturing and marketing of aluminum products. The Company operates in two segments: manufacturing and trading, which includes manufacturing and marketing of aluminum products and garments and accessories, and contracting and fabrication, which includes contracting and fabrication of aluminum and stainless steel products. The Company's other segments include operations related to property development and recycling and waste management. Its products include aluminum ingots, aluminum billets, aluminum frames for solar panels, aluminum windows and doors systems, aluminum heat sink, aluminum thermal break profile, aluminum scaffolding products and aluminum curtain walls, among others. On January 28, 2010, it acquired the remaining 20% interests in Press Metal (HK) Limited (PMHK). On September 28, 2010, the Company disposed 20% interests to Sumitomo Corporation Sdn. Bhd. On October 19, 2010, the Company incorporated Press Metal Bintulu Sdn. Bhd.
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  15 people like this.
 
Hunger Alcom target price already reached.but up to u
15/06/2017 19:49
Gabriel Khoo http://www.klsescreener.com/v2/news/view/245117
16/06/2017 09:39
Gabriel Khoo (吉隆坡15日訊)隨著今年的產量增加三成和鋁價料持穩,齊力工業(PMETAL,8869,主板工業股)相信,今年應可交出不俗業績,并對2017財政年表現感到樂觀。

齊力工業首席執行員拿督管保強在今日的股東大會后向記者表示,該公司三瑪拉朱(Samalaju)第2階段廠房去年5月份開始投產,預計今年總產量將按年增加30%,若鋁價持平,營業額料可取得同步的成長。

「若排除去年因保險索賠獲得的收益,公司今年的核心淨利預計將取得成長。」

另外,管保強表示,「鋁價已獲得非常好的支撐,因為全球最大的鋁生產和消費國——中國,目前基于環保因素,已逐漸減少鋁產量以達到減排;中國也領頭巴黎氣候協定,未來將更加注重環保議題,因此鋁價可獲得強力的扶持。」

管保強透露,2016年的平均鋁價為每噸1700美元左右,而年初至今的鋁價平均為每噸1900美元,因此,管氏預測,今年鋁價平均是每噸1800至1900美元。他也認為,鋁價持穩將可支撐該公司盈利表現,因此對今年業績感到樂觀。

同時,管氏表示,短期內不會像此前般大刀闊斧的擴充,而該公司將在強化資產負債表,降低債務和改善現金流后,等待適當時機才進行擴充。

管保強透露,該公司和中國索通公司(Sunstone)聯營的碳素陽極(carbon anode)工廠,預計可在2018年下半年間啟用,屆時可確保該原料可獲得穩定供應。

詢及三瑪拉朱港口投運對該公司的貢獻,他回答說,該港口料在今年第3季啟用,屆時可降低該公司的運輸成本和增加效率,但目前仍無法提供實際上可省下成本數額。

另一邊廂,對於今年令吉回穩,管氏表示,該公司認為目前美元兌令吉走勢仍處於可接受水平。

19日起暫停交易

針對鋁產品的市場前景,管保強指出,歐美國家,甚至中國都正鼓勵製造商採用較輕的鋁合金生產汽車與火車等交通工具,而其他產品,包括電器和建築材料,也採用鋁,因此未來需求將繼續走高。

一名出席股東大會的小股東向《東方財經》透露,該公司計劃在今年杪將下游業務對營業額的貢獻,從目前的30%提高至50%。同時,該股東說,三瑪拉朱廠房的保險索賠已告一段落,但木膠(Mukah)的索賠仍在進行中,而賠償數目未詳。

另外,齊力工業管理層也透露,該公司股票料從下週一(19日)暫停交易至7月10日,以完成內部重組建議,該公司股份將以1對1比例注入新控股公司--Press MetalAluminium Holdings Bhd」(PMAHB)。
16/06/2017 09:40
Casa1188 I'm newbie, what it means by 1:1? Is that means I will get one additional new share if I hold one Pmetal share now?
16/06/2017 09:46
happy123 LB Al stock price is performing better this period
16/06/2017 10:23
happy123 no trading from 19 Jun to 10 Jul? hmmm... I thought is till 26th Jun only, that is long 3 weeks of suspension
16/06/2017 10:26
Gabriel Khoo PETALING JAYA: Press Metal Bhd, the region’s largest aluminium smelting firm, expects to achieve a stronger financial performance this year on the back of improving prices and increased output.

“We believe the price of aluminium this year will be higher than last year, and we are positive about the production output, which is going to be more,” said chief executive officer Datuk Paul Koon Poh Keong.

Coupled with the rise in the value of the US dollar, the group is optimistic about delivering a better growth in its bottom line and top line for the year ending Dec 31, 2017 (FY17).

“If the US dollar strengthens it will definitely help us. We are comfortable with this kind of range (RM4.25 to RM4.26 against the dollar) and of course if it is at RM4.4 it will be very good for us. But we cannot expect it to be at that level all the time,” Koon told reporters after the group’s annual general meeting yesterday.

With regard to the aluminium price, Koon said it is expected to be well above the average of US$1,700 per tonne seen in FY16.

“This year it would be in the range of US$1,800 (RM7,668) to US$1,900 because we have another six months to go,” he said.

The increase in aluminium price is primarily due to the Chinese government’s move to cut its production capacity amid environmental concerns.

“They (Chinese government) are serious about curbing emission for their own benefit,” said Koon. “When the Chinese government is serious about controlling the aluminium industry’s expansion and reduce capacity, we can see the market reacting to it,” he added.

As such, while demand for aluminium is expected to grow at a healthy pace, the supply growth will face more challenges, said Koon.

“[The group’s earnings] will grow this year on these positive indications with the benefit of full production from our three smelter lines [in Sarawak] — Mukah smelter, Samalaju Phase 1 and Phase 2 — of 760,000 tonnes capacity, and higher value-added products output along with better currency exchange rate,” he added.

On expansion plans, Koon said Press Metal is continually exploring new market segments, both domestically and internationally.

“The expansion is in the pipeline, we are mindful of doing it at the right time and doing it with careful financial planning,” he said.

Press Metal’s net profit jumped 56.6% to RM148.05 million for the first quarter of FY17 from RM94.56 million a year earlier. Revenue grew 56.7% to RM2.02 billion from RM1.29 billion.

The group has declared a first interim dividend of 1.5 sen per share for FY17, payable on June 21.

Press Metal’s share price fell five sen or 1.82% to close at RM2.69 yesterday, with a market capitalisation of RM10.19 billion. Year to date, the counter has gone up by 69.18%.
16/06/2017 10:32
meistsk3134 alcom almost 2.00
16/06/2017 12:52
magus happy 123, suspension of trading from 19th Jun, entitlement is 23rd Jun, admission of shares in newco to Bursa still not announced; where did you get your info? did I miss something?
16/06/2017 16:05
happy123 See the above announcement in chinese
16/06/2017 16:28
magus i would like to see the announcement made to the bursa with regard to the resumption of trading in the newco. how can the suspension be 3 whole weeks? Not as if this is a super complex exercise requiring alot of tweaking of the bursa's system.
16/06/2017 19:18
Hunger Most is 3 - 5 days only.not 3 weeks
16/06/2017 19:23
meistsk3134 change name only. not going skyrocket after 23rd jun.
16/06/2017 21:39
happy123 I read their announcements again, it didn't mention any specfic date for the trading of the new company, but it say that "any trading day".... which i assume after we entitled with the new share on the 23rd Jun, trading should start on 27th Jun (after Hari Raya).....not sure where did the chinese announcements get the of 10th Jul.

Anyone care to adv?
16/06/2017 23:00
kevin008 i saw the news 11/7/17 only can trade woh
they wan change the name only mah..why need so long ar haha
16/06/2017 23:10
Hunger meistsk3134 if u think wun skyrocket then sell lor.later skyrocket u dun cry
16/06/2017 23:43
meistsk3134 WTF.... u think it will skyrocket after change new? wow
17/06/2017 18:13
Hunger Try research why they put under newco.its not just change name.if ure a newbie,do ur research.dont talk crap
17/06/2017 19:47
meistsk3134 ok wait and see ya
17/06/2017 22:04
Hunger dun be another RJ87 talk 1 talk 2.last last quiet cos already proven wrong
17/06/2017 22:24
meistsk3134 pack u, i alrady have 50 lot inside.
it a gamble for me not u
17/06/2017 22:42
RJ87 Prove me wrong my ass. I park at Arank/Alcom give more handsome return. 6sen wanna talk 3 talk 4. Regretted not doing that earlier just because I was misguided by "PMetal tetap boleh" bullcrap. It's priced in at this point. Should hv exited earlier. That's why I shut up. If I spend more time here, it distracts me from my own judgement.

Low PE counter moves faster. PMetal PE20 and TP3.3, you wait Q3/4,18.
That means tan gu gu. If you have that patience, go ahead. Money parked somewhere that doesn't give you return is money lost to me. Any low PE counter would hv done better return by Q3/4,18. Now, I have to exit ALCOM. It's way above it's value. Park everything at ARANK and LBA next. LOW PE!

Stop prompting me to show evidence that PMetal will perform relatively poorer if compared to other counters in short term. Maybe Q1/2,18 I will come back and see how newco performed next 2 quarters, and decide if there is short to mid-term gain. I'm still thinking, why come up with next tricks to lose money. I don't get it either. My "friend" says it's opportunity to JV with Mainland Alum Co to increase production in Indonesia for risk mitigation while dominating larger market share. Well, we will see it's balance sheet next 2 quarter. And probably priced in again by late 2018.

Any noob FA investor, would stay away from high PE counters and exit when priced in.
Anyway, if I come back too late dy. Nvm, world is big. Money is everywhere. I can make money elsewhere. And i will be very happy for Pmetal winners too. Conclusion is, don't keep or buy just because "PMetal tetap boleh" shit. Come up with your own trading straegy, go through the balance sheet and make your own judgement.
19/06/2017 10:27
Hunger still too early but yea,lets see how it goes then.anyway,Good luck to you then
19/06/2017 10:34
meistsk3134 Alcom reach more 2. Regret no buy n focus this bullshiy
19/06/2017 11:52
moneykj If you feel Pmetal not suitable for you, just sell n buy counter that you feel very comfortable. For me Pmetal is one of my portfolio combination under value play. It need longer term to produce results. I already hold for nearly 16 months and my initial batch gave me more than 300% return.
Some investors hold for 6 years n 1000% return. Buy sell is your own decision, to blame others means you even don't hv strong mind to withstand the small fluctuation in stock market. Hope you can do well in other counter...bye
19/06/2017 14:26
RJ87 Whatever goes up must come down. When it's time to come down, who do u think will suffer more between high PE and low PE counters? At this point, this is a risky play.

meistsk3134, you know what I'm talking.

moneykj, the time you collect was when PMetal at PE8-12. Of cos value play la.
Now, PE18-20. You serious? Those who missed the boat gotta find other value boats la.
Or next QR EPS 6sen. You guys will really hoseh. Else, downside risk and time is too great for me
19/06/2017 14:42
moneykj Share price is not determined by current pe or current q results. Is future earning prospect. For example Ijacobs n Sendai I continue to hold when last q they announced bad results, Sendai even negative pe. It give me handsome return now. The key thing is whether can you forecast their future earning, can you stomach the fluctuation of share price or not.
Lbalum will announce 6-7m earning today. See my prediction correct or not. Recent hike of Lb is results play. Usually I will sell after the results if I play Lb.
19/06/2017 14:58
dalpinia why no trading? suspended for announcement?
19/06/2017 15:27
kevin008 Director 2.70 also bought...this time huat liao haha
19/06/2017 17:24
charles_cty 16-Jun-2017 Acquired 10,000,000
Registered Name Koon Poh Weng

16-Jun-2017 Acquired 6,000,000
Registered Name Koon Poh Kong

16-Jun-2017 Acquired 6,000,000
Registered Name Dato' Koon Poh Tat
19/06/2017 17:28
charles_cty Directors are showing good confident to the company...brought 22M share at 2.70....
19/06/2017 17:29
kevin008 too bad suspend until 10/7..11/7 gap up haha
19/06/2017 17:32
Hunger I believe they kept their words during the AGM meeting on proposal to buyback
19/06/2017 17:35
charles_cty 16-Jun-2017 Acquired 10,000,000
Registered Name Koon Poh Weng

16-Jun-2017 Acquired 10,000,000
Registered Name MADAM CHAN POH CHOO

Another 20M share purchased by shareholder, total purchase from shareholders and directors 42M share

Directors purchase is better than company share buyback...Directors showing confident at the same time company cash remained available for future expansion...
19/06/2017 17:53
Hunger They bought last friday
19/06/2017 23:43
happy123 U go searched the total transactions volume on those days when they bought
20/06/2017 08:16
dalpinia http://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=8891
20/06/2017 09:57
dalpinia http://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=8824
20/06/2017 10:01
kevin008 they wan put their name with aluminium..more "sui" haha
so 11-7 gap up bah haha..since boss also bought 2.70
forsee good QR for jun17 due to aluminium price higher. forex gain(mar17 forex loss 134m usd at 4.427)
20/06/2017 12:55
meistsk3134 Ok. I wan eat alu sleep alu dream alu
21/06/2017 17:23
moneykj Yes..go to buy Lbalum today for tomorrow results play
22/06/2017 15:16
meistsk3134 sure bo. it really high le
22/06/2017 18:04
telusdansuci Tomorrow Pmetal additional listing . PMB TECH ( 7172 ) today closing RM 2.22 was up RM 0.17. How about Press Metal ? Sama-sama faham sudahlah . Pmetal boleh dan tetap boleh .
22/06/2017 19:33
RJ87 PE 10 LBAlum is high. Then, PE18 for PMetal is what? That's positive sentiments on earning potential for next 4 quarters. At any point future EPS report anything less than expected. You know what will happen.

PE is a good indication if the market has absorb the "future" earnings.
23/06/2017 14:37
Hunger @meistsk3134 fast go follow RJ87 recommendation buy.
23/06/2017 15:56
salman when will Pmetal open for trading again?
23/06/2017 17:18
meistsk3134 see lb are manufacture or selling 1st. i going for senergy low price
24/06/2017 12:25
Vivoforever Something coming, i can sense it
24/06/2017 13:47
TrippleZ No need your sense. Counter suspended of course something coming lah.
24/06/2017 14:19
Peng1185 Hahaha
24/06/2017 14:51


 

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