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  Fabien _the efficient capital allocator Aluminium is steadily hovering above 2600 25/08/2021 5:03 PM wallstreetrookie To be fair, the inflation data in Malaysia is not very good. However, since Press Metal has decent exposure to international exports and has good operating leverage, the uptick in aluminium prices will play a significant positive role in the upcoming earnings. As well as attracting foreign investors with the company's focus on ESG. 25/08/2021 5:06 PM Fabien _the efficient capital allocator There are a few ways to hedge against rising inflation 1) Gold 2) Commodities producer 3) Energy-related companies 4) Cryptocurrencies 25/08/2021 5:07 PM wallstreetrookie Regarding the inflation data, what I meant was the July Inflation Data for Malaysia is 2.2% lower than forecasted 2.9% and consensus 3.1% 25/08/2021 5:07 PM wallstreetrookie but that is irrelevant for Press Metal. It will only affect local steel companies generally. 25/08/2021 5:08 PM wallstreetrookie As for cryptocurrency, yeah a lot of clients ask to allocate funds to crypto miners in the US after the exodus from Chinese miners. 25/08/2021 5:08 PM wallstreetrookie Press Metal maintain Overweight & Buy Rating Short-term catalyst includes economic reopening and the continued bull run of aluminium prices. Coupled with strong ESG ratings and relatively stable financials (solid profit margins), we are very bullish in the long term on the ability of Press Metal Aluminium Holdings Bhd to capitalise on rising LME aluminium spot prices in 4Q We are optimistic on the outlook based on the fact that Samalaju Phase 3 has been fully operational and could fully take advantage of the further upside of aluminium prices, further leading to another excellent quarter ahead which is exciting for both short-term and long-term investors. Long term price target: RM6.0 conservative 26/09/2021 12:08 PM fireinvestor maybe they wanna buy private jet luxury house etc. 100m shares disposed and they still have over billions of shares.. 28/08/2021 1:09 PM  James Ng https://klse.i3investor.com/blogs/general/2021-08-31-story-h1570662819.jsp [转贴] [Video:浅谈PRESS METAL ALUMINIUM HOLDINGS BHD, PMETAL, 8869] - James的股票投资James Share Investing 31/08/2021 7:35 PM pete tf Normal drop after the recent rise. Company well managed. Every year ada profit. Dividen pun ada tiap-tiap tahun. Confidence in the company. 02/09/2021 10:51 AM Sailangking stay turned............big rewards.keep n watching if u already bough 02/09/2021 11:04 AM  Mr.Sm Invest123 齐力科技 (PMBTECH) – 与半导体和太阳能同步成长 公司背景 齐力科技 (PMBTECH) 创办于2002年，透过齐力工业 （PMETAL, 8869.KL）管氏家族的管理下，成功在2003年11月在大马交易所Second Board 上市，在2009年转至主板上市。截止2021年5月3日，齐力工业持有20.87%股权，是公司大股东之一。PMBTECH 的业务主要是铝贸易的下游产品，和制造硅金属 (Metallic Silicon) 业务。PMBTECH也是马来西亚最大的铝制脚手架系统 (scaffold system)制造商和Haulotte 航空出入设备的独家分销商。 业务分析 截至2021财政年上半(6MFY21), 建筑和制造 (Construction & Fabrication) 和制造与贸易业务 (Manufacturing & Trading) 分别占整体营业额31%和69%。制造与贸易业务是营运盈利 (Operating Profit) 的贡献泉源，占整体营运盈利的91%。 PMBTECH的业务可以分为两大类： 1. Manufacturing & Trading 硅金属通常按其所含的铁 (Iron)、铝 (Aluminium)、钙 (Calcium) 三种主要杂质的含量来分类标号为553， 441， 421， 3303， 2202等等。硅金属也称为工业硅或结晶硅，一般来说，金属硅可以划分为冶金级 (Metallurgy) 和化学级 (Chemistry)。冶金级的硅也称为金属硅，主要是因为它带有金属灰色且有光泽。 硅金属能扮演硬化剂 (hardener)和合金元素 (alloying element) 的角色，能制造发动机缸体 (engine blocks),合金轮辋 (alloy rims), 微处理器和太阳能电池等等。基本上在提炼过程中，接近一半的冶金级硅金属使用在化学用途，能制成润滑剂，密封胶，涂层，化妆品等等。在制造太阳能电池时，光伏级多晶硅（Photovoltaic grade polysilicon）会派上用场。目前90%的太阳能科技上都会看到硅金属的踪影。除此以外，全球超过33%的电子类产品如电脑，手机，平板电脑，电视机，收音机，硅金属也扮演着重要的角色。 制造硅金属业务是由全资子公司, PMB Silicon Sdn Bhd 负责。生产基地位于Sarawak 的Samalaju Industrial Park，拥有长期充裕的水力发电供给，且公司已经和Sarawak州政府签署长期电力购买合约，锁定极具竞争优势的发电成本，奠定公司往后成为全球领先的优质硅金属制造商。目前已使用的水力发电厂包括Batang (108MW), Bakun (2400MW), 和Murum (944MW), 而Baleh （1285MW）目前处于建设期间，预计在2025年投入运作，投入电量将达到3452MW。在2019年公司第一期的硅金属年产量达36,000公吨，而第二期也在2020年年底投入运作，年产量将增加额外36,000公吨，总产量达72,000公吨。 Ladder, Scaffold Tower, Aerial Working Platform Equipment 除了制造硅金属，公司也涉及建造存取设备 (access equipment), 包括旗下品牌, Everlas 家用和施工用途的铝制阶梯 (ladder)。该品牌在大马已超过30年，在超市和五金店都能找到。除了本地市场，多年以来该品牌也出口至全球各地，比如United Kingdom, Australia, South Africa, United Arab Emirates, Qatar, Kuwait, Saudi Arabia, Egypt, Lebanon, Kingdom of Bahrain, Bangladesh, Maldives, Yemen, New Zealand, Singapore 和 Indonesia等地。 作为全马最大的脚手架塔 (scaffold tower)制造商，公司的铝制脚手架塔获得SIRIM认证，在油气业，航空，国际会议中心，仓库，船厂，政府大楼等都有广泛使用。在2018年也获得Construction Industry Development Board （CIDB）的认可，确保产品能提供最高规格的安全标准。 在高空作业平台方面 （Aerial Working Platform Equipment）, 公司和法国知名品牌 Haulotte迈入第十年的合作伙伴关系， PMBTECH是该品牌的独家分销商。 2. Construction and Fabrication 从设计，制造，到安装铝幕墙，覆层系统，门面工程，铝系统模板工程等，PMBTECH有自家工程师提供一站式服务。安装铝幕墙不但有美化的效果，而且能节省能源，符合绿色大厦要求。 业绩分析 按年对比，得益于较高的销售，2021财政年上半年的制造业务营业额增长53%； 而建造业务营业额则微跌1.5%, 整体营业额按年上升30.55%，制造业务和建造业务的营运盈利赚幅(Operating Profit Margin 分别是13.29% 和 2.82%。而按年对比，上半年 (6MFY21)整体税前盈利暴涨3.5倍。 PMBTECH在2019年已把旗下4家子公司PMB Central Sdn Bhd, PMB Northern Sdn Bhd, PMB Eastern Sdn Bhd, 和PMB Aluminium Sabah Sdn Bhd， 以总值现金RM 44 mil转售予大股东，Press Metal Aluminum Holdings Bhd (PMETAL)，目的是要整合公司资源，在未来专注制造硅金属业务。这些子公司原属于制造与贸易 (Manufacturing & Trading)，在转售予大股东得来的 RM 44 mil ，其中85%或 RM 37.8 mil 来购买制造硅金属的原材料，碳电极 (Carbon Electrodes) 和低灰煤(Low ash coal)。另外的6.92% （RM 3.07 mil）作为派发股息,6.99% (RM 3.10 mil)作为营运资本，其余的1.09% (RM430K) 作为支付相关费用。 PMBTECH的负债率在过去6年都站在2倍以上，在2018年公司透过发放为期5年的不可赎回能转换无抵押债卷股 (Irredeemable Convertible Unsecured Loan Stock, ICULS) 向投资者筹募资金来进军制造硅金属业务。 需留意的是公司在2019年完成了拆股（1分为2），加上发放为期5年的不可赎回能转换无抵押债卷股 (ICULS) 并附送公司凭单 (Company Warrant)，导致股本提升而稀释了每股盈利，所以在2019财政年公司的每股盈利明显下滑。投资者能在有效期内随时转换ICULS 或该凭单，截至2020年4月20日，公司2019年年报显示投资者的ICULS和warrant持有单位分别还有74.8 million 和38.7 million 依然未转换成母股，也就是说若未来的日子里这些投资者决定转换成母股，这将稀释公司每股盈利。 成长因子 (Key of Growth) 1.全球硅金属需求稳定增长 在公司2019年年报管理层指出，得益于追求绿色能源，科技持续进步和半导体的需求量猛增下，全球硅金属需求将以4%的年复合增长率 (CAGR)稳定上升。公司第二期 (Phase 2) 的硅金属制造在2021年上半年开始做出贡献后，依然有土地空间和充裕的水力电源为潜在第三期和第四期持续提高年产量。 2. 第二个未来成长引擎- 综合型硅氧烷生产基地 (Siloxane 在2020年11月26日， 公司与Sarawak 州政府机构 (SEDC)签署备忘录(MoU)，在Tanjung Kidurong, Bintulu携手探索和经营一家综合型生产基地以供应硅氧烷予本地和国际客户。硅金属和甲醇 (methanol)乃是制造硅氧烷的两个主要原材料，硅金属的供应将由子公司 PMB Silicon Sdn Bhd 负责，至于甲醇则由 Sarawak Petchem Sdn Bhd 负责。Sarawak Petchem Sdn Bhd已经获得Sarawak 州政府的批准，在当地设立一家甲醇供应综合设施。 自1940年，从居家，医疗，电子，美容和化妆品等领域，硅氧烷已被广泛使用。硅氧烷里的成分有护发作用，也能被应用作为润肤剂，保湿剂等。 有机硅(silicone)是由硅氧烷配制而成，那透过有机硅的商业用途和市场规模也能间接推断硅氧烷的前景。由根据全球商業资讯咨询服务供应商 IHS Markit的一份研究报告（上图），中国依然是全球最大的有机硅 (silicone) 消费国，占全球42%（2012年：36%），接着是欧洲西部占全球17% （2012年：23%），美国则占全球15% （2012年：12%）。中国保持着领先的消费趋势，主要是当地拥有庞大且多元化的生产基地，尤其在医疗设备，密封胶 (sealants)，弹性体(elastomers)和电子类 (electronics)等等。根据独立市场调研机构Fact.MR指出，亚太地区 (APAC)将继续成为硅氧烷的主要消费地区，尤其在润滑剂 (lubricants)市场。至于拉丁美洲，中东和非洲将以温和姿态成长。 估值 回顾在2019年年末公司把旗下4家子公司以总值现金RM 43 mil转售予大股东，Press Metal Aluminum Holdings Bhd (PMETAL), 因此在2019财政年第四季度 (4QFY2019)录得一笔一次性转售盈利(gain on disposal) RM 10 mil, 如果剔除该笔盈利，调整后累积12个月的每股盈利 (Adjusted basic EPS)为 9.07仙，Adjusted P/E Ratio 为57倍。 展望2021财政年，目前上半年的累积税后盈利达RM 18.2 mil ，相等于公司在2020财政年全年税后盈利的80%。 如果公司在下半年第三季度和第四季度能复制第二季度的盈利水平或者交出将近每股盈利 RM 0.12,那2021财政年全年每股盈利将达 RM 0.20左右，如果以今天 (7th Sept 2021) 收市价 RM 6.93来观察，P/E ratio达34.6 倍。 总结 虽然 PMBTECH 处在高成长阶段，硅金属需求能见度高，但也得留意当中的风险，包括硅金属的价格波动，疫情持续蔓延影响产量，工程业务进度缓慢也会拖累整体盈利。 08/09/2021 10:42 PM Mr.Sm Invest123 https://www.theedgemarkets.com/article/aluminium-notches-fresh-13year-high-supply-woes-demand-surge 09/09/2021 3:21 PM wallstreetrookie My price target has been hit at RM6 and beyond that, I don't see any growth factor in this company anymore. Investors need to be cautious about short term news flow and expect a 10% volatility in the medium term. It is reasonable for long term investors to scale back and take some profits off the table. Good luck. 14/09/2021 5:38 PM Mr.Sm Invest123 theedgemarkets.com September 20, 2021 14:38 pm +08 PMB Tech surges to all-time high of RM9.45 KUALA LUMPUR (Sept 20): Shares of PMB Technology Bhd leapt more than 21% to an all-time high of RM9.45 today amid active trade in today’s morning session on Bursa Malaysia. The stock, which was second on Bursa’s top gainers list today, peaked at an intraday high of RM9.45 before settling for the noon break at RM9. It closed at RM7.44 last Friday (Sept 17). Over the past one year, the stock has rallied 250.19% from RM2.57. According to its official website, PMB Technology is principally an investment holding company, with the group complementing the activities of its corporate shareholder Press Metal Aluminium Holdings Bhd, which is the largest aluminium smelter in Southeast Asia and the largest aluminium extruder in Malaysia. To recap, Press Metal also saw its stock rise to its highest on Sept 8 to an all-time high of RM5.97. It was reported earlier that aluminium price climbed to its highest in more than a decade on the back of concerns over raw material supply amid a coup in Guinea — a major supplier of bauxite. Last month, PMB Technology saw its net profit soar more than eight times to RM11.58 million in the second quarter ended June 30, 2021 (2QFY21) from RM1.37 million a year ago, aided by improved contributions by its manufacturing and trading, and construction and fabrication segments. Revenue for the quarter also more than doubled to RM178.25 million year-on-year from RM84.87 million. The stellar results lifted PMB Technology's cumulative net profit for the six-month period ended June 30, 2021 (1HFY21) by 396.35% to RM18.21 million from RM3.67 million in 1HFY20. Cumulative revenue also increased by 30.55% to RM340.08 million for 1HFY21 compared with RM260.49 million a year earlier. Meanwhile, prices for semiconductor chips are expected to rise across the spectrum given that the global chip shortage is likely to last until sometime late next year. According to Moody's Analytics, it said the trend towards remote work that accelerated due to Covid-19 movement restrictions has given rise to heightened demand for semiconductor chips. "Given the capital-intensive nature of their production process, supply has not been able to keep pace with the increase in demand," it said in a note today. It noted that the world’s largest chipmaker Taiwan Semiconductor Manufacturing Co has been raising prices across the spectrum, some by as much as 20%, while three Chinese chipmakers have been fined by the Chinese government for abnormally high price increases. "Chip prices have already risen, and they are likely to rise even further. "What are some downstream effects from these price and quantity dynamics? Car prices have risen significantly, with average unit sales US$8,200 higher than two years ago, and we can expect more of the same," it added. 20/09/2021 5:56 PM Mr.Sm Invest123 Excellent answer from management.- Steady This announcement is dated 21 September 2021 PMB TECHNOLOGY BERHAD (“PMBT” OR “THE COMPANY”) Reference is made to the letter dated 21 September 2021 received from Bursa Malaysia Securities Berhad (“Bursa Securities”) querying on the unusual market activity of the Company in relation to the sharp rise in price and trading volume of the Company’s shares recently (“trading activity”). After having made due enquiry with the Board of Directors (“Board”), major shareholders of the Company and such other relevant persons, the Company wishes to inform and confirm the following:- 1. Whether there is any corporate development relating to your Group’s business and affairs that has not been previously announced that may account for the trading activity including those in the stage of negotiation/discussion. If yes, kindly provide the details including status of the corporate development to enable investors to make informed investment decisions; As at the date of the announcement and to the best of the Board’s knowledge and belief, thereare no corporate developments relating to the Group’s business and affairs that have not been previously announced that may account for this trading activity. 2. Whether there is any rumour or report concerning the business and affairs of the Group that may account for the trading activity and in this respect, you are required to comply with Paragraphs 9.09 and 9.10 of Bursa Securities LR; To the best of the Board’s knowledge and belief, the Board is not aware of any rumour or report concerning the business and affairs of the Group that may account for this trading activity. 3. Whether you are aware of any other possible explanation to account for the trading activity; and a. There has been a recent surge in metallic silicon prices (as well as for raw materials in general), due to worldwide market forces, which augurs well for the Group; and b. The Board continues to engage with Syarikat Sesco Berhad (SESCO) from time to time and at any time to explore opportunities for additional power supply from SESCO which will enable the Group to expand the production of its metallic silicon plant situated in Bintulu, Sarawak. Save as disclosed above, the Board is not aware of any other possible explanation to account for this trading activity. 4. Whether you are in compliance with the Bursa Securities LR, in particular Paragraph 9.03 of the Bursa securities LR on immediate disclosure obligations. The Board wishes to confirm that the Group is in compliance with the Bursa Securities LR, and in particular Paragraph 9.03 of the Bursa Securities LR on immediate disclosure obligations. 22/09/2021 8:40 AM  | |
