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Overview
Financial Highlight
HeadlinesBusiness Background Press Metal Aluminium Holdings Bhd manufactures and sells extruded aluminum and other aluminum products to customers worldwide. The company operates in two segments based on function. The smelting and extrusion segment, which generates the vast majority of revenue, purchases aluminum scrap and produces extruded aluminum and aluminum alloys to industrial customers. The trading segment markets aluminum products. Press Metal has two customers that each account for over 10% of the firm’s revenue. The majority of Press Metal’s revenue comes from Asia and Europe.
  Stocktradeg Pmetal technical Analysis Buying zone 4.50 - 3.90 target for 5.40 long term but follow proper risk management 27/02/2024 2:39 PM LeverageLuminary Press Metal 4Q net profit up 23% to RM320mil https://www.thestar.com.my/business/business-news/2024/02/28/press-metal-4q-net-profit-up-23-to-rm320mil 28/02/2024 6:26 PM salman stevenckheng china steel industries collapsing , any impact here ? than here will be going up 27/03/2024 9:03 AM diuleiloumei Lousy stock and company, cannot move up, cinaman managing style. Dividend very less and kiam siap 01/04/2024 10:22 PM Gentingbig Likewise i have been cursing this counter and sold off my 50 lots at breakeven price of 4.85 last week to switch stock and now out of the blue the price jump ! 04/04/2024 2:33 PM Gentingbig PM exporting aluminium which is link tto commodity LME trading price which shoot up yesterday. the reason why i dont have patience with this counter is beside performance i still have to counter with LME price . performance good but LME price drop LME price down but performance good yesterday price up is becos finally both LME & PERFORMANCE are in tandem and align its damn difficult to play this counter except to buy at weakness and sell on strength. 05/04/2024 9:33 AM telusdansuci Pmetal tetap Pmetal . Counter yang POWER tetap POWER . Hold for long term . This is my darling counter . Pmetal tetap boleh dan pasti boleh . 05/04/2024 12:02 PM telusdansuci Mana boleh jual dengan sesuka hati . The longer you hold the more profit awarded for you . 05/04/2024 12:11 PM Gentingbig YA loh my remiser say i dont have patience always fast in fast out. hahaha! anyway this counter has been sleeping for a year lah and you are right this is a fundamental counter so just buy upon weakness and sell upon strength will do. so many times even company performance good but LME price down this counter will continue to sleep soundly only 05/04/2024 8:25 PM telusdansuci Mining sector sees Record Production in FY 2024. Significant. Growth in the Producrion of Key Minerals and Aluminium metal . Pmetal tetap boleh dan pasti boleh . 08/04/2024 7:44 AM telusdansuci Aluminium investing future price at 1.55 pm M'sia time is 2622 . Rusia aluminium kena kick out from LME. Ini kali lah Pmetal memang boleh dan pasti boleh dan tetap boleh . 15/04/2024 2:00 PM telusdansuci Why still waiting for ! News already came out . Buy and keep for jangka masa lama. Pmetal always boleh dan tetap boleh . 06/05/2024 9:05 AM  Cakes Moon RM7 soon!!! Google invested data centre in Malaysia, all the infrastructure needed for AI!!! 31/05/2024 9:17 AM SMInvest https://www.thestar.com.my/business/business-news/2024/06/18/pmb-technology-to-raise-output 22/06/2024 12:22 PM telusdansuci Pmetal another darling stocks . Hold for long term my target price should be around Rm 7.00 counter yang boleh tetap boleh . 15/07/2024 10:04 AM bullrun168 Walaoeh, what happend ? Super damn hot man PMetal today ! Now PMetal was traded at @RM6.08 (+0.13) (+2.2 %) Heng ah, Ong ah, Huat ah ! 15/07/2024 4:17 PM  shareinvestment7 Why drop so much? The answer is simple because RHB and HLB just gave a buy call today. Buy call from bank mean sell down to Longkang. This is our Malaysian rule. 18/07/2024 4:36 PM sten_still Sell on news and trump's policy on china. This is just sentiment, short term effect. Plus this is bluechip, backed by giant investors. Now it is purely want to wash away retailers 18/07/2024 5:13 PM rojakmee More sell down tomorrow, sales will be badly affected by US policy on imports from Mexico & tarif of 25% 18/07/2024 11:13 PM Janus Mun i think most probably the uptrend is over.....now changing to downtrend! 21/07/2024 6:47 PM telusdansuci Invisible hand try to reduce the capitalisation and not let it higher than certain stocks . Anyway just temporary only . 22/07/2024 9:14 AM telusdansuci Always remember kaunter yang boleh tetap boleh . Market give us opportunity to buy now . 22/07/2024 11:18 AM Augustine Press Metal had a better hedging position of 30% ratio at US$2,600 versus US$2,300 in FY23. However, the cost of aluminium production could have risen as alumina prices continued its uptrend in 2Q24 22/07/2024 4:29 PM Janus Mun the play is over for PMETAL,its downtrend now....will retrace up a little and will continue to slide down more in coming weeks to ER 23/07/2024 2:36 PM  |
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