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Prospectus: -   moneykj Why I look here look there Orion very similar to 1 stock king I in 2014: 1. No of share: both also about 600m 2. Start to goreng from 0.105 3. Both start after announcement of government link project. Both fintech. "I" doing GST collection software for government. 4. Cumulative 4 q earning after start goreng was 30m for "I". Cimb estimated Orion can come to highest 29m for 2019. 5. Both also start from weak results. "I" only 421k. Orion 1m. 6. Both also got pp. One famous anei behind the rise of "I". I believe he also behind Orion. "I" rose more than 1500%. How will Orion? 13/01/2019 15:17 Buah Guava Ohhh noooo... I thought eating guava can prevent diarrhea.... What should I do now? 23/01/2019 14:01 commonsense Hi scanner, We will never know as to why people start selling a specific share but for Press Metal it would most probably be because of 2 reasons: the fall of aluminium price and the rich valuation of its shares even after falling almost 30% from its peak a year ago. Aluminium price has been falling constantly from the peak of USD2500 recorded back in April 2018 to USD1800 the lowest recorded back in early Jan this year (a fall of almost 30%). The price has since rebounded a bit at now USD1880. The fall in price was attributed to the dampening of aluminium demand due to the slowing down of the global automotive industry in particular the China market (which is the biggest consumer of the commodity). Given a higher expected supply of the metal in the near future (coming from China growth in aluminium production) and if demand of the commodity does not rebound, you can only expect the price of aluminium to fall even further (or at best remain at the current level). This would most probably affect the profit outlook of aluminium smelter companies like Press Metal. However, please take not that Pmetal has one of the more favourable cost structures given the bulk of its energy cost (from Bakun Dam) has been locked in at a very competitive rates over the long term. That being said, Pmetal needs to ensure a minimum amount of production rate of its smelting plants for it to profit from the bulk purchase of the low-cost energy. If production rate runs below a certain economical level, it would result in a very high unit cost for the company (since Pmetal will still need to pay the bulk of the energy whether it use it or not). In terms of valuation, the company is currently trading at 26.5x PE which is high given the growth earnings uncertainties. Most of the other global aluminium smelters are actually trading at a PE valuation that is actually closer to 10x given the outlook uncertainties. If the aluminium price stays at this level, we should expect that Pmetal to post a lower profit level in FY19 vs FY18. If you are looking to diversify your portfolio outside of Pmetal (due to its earnings uncertainties and the relatively high valuation) I would recommend you to look at MBMR. MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.9x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.7x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17. FY19 growth will be driven by the still high demand of new Myvi and the newly launched SUV Aruz and also the newly revamp Alza in 2H19. The recent announcement of closure and potential disposal of the loss-making alloy wheel manufacturing business alone is expected to boost the company profit by around RM10mil to RM20mil. I am projecting a profit to shareholder of RM170 mil for FY19 which at the current price values MBMR at only 5.9x PE. Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. There are 8 analysts in total covering the stock with most of them having a TP of above RM3 (all have a buy rating). The average TP for the 8 analyst is around RM3.50. Good luck. 23/01/2019 21:13  James Ng https://klse.i3investor.com/blogs/general/191328.jsp [转贴] [PRESS METAL ALUMINIUM HOLDINGS BHD：与中国的Sunstone开发有限公司合资生产预焙碳阳极，刚刚开始运营，他们预计第一批货将在2019年第一季度首次交付] - James的股票投资James Share Investing 24/01/2019 11:47 scanner Thank you very much. At least I have an alternative stock to leverage or invest 24/01/2019 12:43 James Ng https://klse.i3investor.com/blogs/general/191423.jsp [转贴] [Facebook live:浅谈Press Metal aluminium holdings bhd (PMetal)] - James的股票投资James Share Investing 25/01/2019 09:52 其辉 Hmm, can anyone teach me that Why c 22 issue price is 5.1 C 20 issue price is 5.0 But why 20 cheaper than 22 25/01/2019 20:10 rooney8 The price is based on "supply and demand". It is about the market force and how the IB support the price. For us, we will pick the cheapest one. 26/01/2019 00:13 salman Market not right, cash flow seems tight, best you stay asset light. Profits here, savings there, for sure bankers will be there. When confidence grow, money will flow, does not matter where the wind blow. Cash is king when you can buy bling bling without having to think. When the going gets tough, the tough gets tougher. Tighten your belt, stay your course and you will be alright of course. When market down, stay lower to the ground. Stable stance, knees bent, you will last longer till the end. 28/01/2019 17:05 其辉 Buy c 20 at 0.035 and sold it at 0.035also.... Scare it drop agn since aluminum price keep drop 31/01/2019 20:15 ABSBOSS Good who bought last Friday..DJ up 4++, Future also at 4+++, next week QR maybe will be out... 16/02/2019 23:31 hero666 After enter index component pmetal has been under the rain so badly, better kicked out of the index lmao being in the component only drag down our index 19/02/2019 15:06 kevin008 https://m.facebook.com/story.php?story_fbid=2339298882956830&id=2017748508445204 27/02/2019 07:07 James Ng https://klse.i3investor.com/blogs/general/197499.jsp [转贴] [PRESS METAL ALUMINIUM HOLDINGS BHD：市场预计铝需求将超过供应] - James的股票投资James Share Investing 12/03/2019 11:48  witchjaz KUALA LUMPUR (March 15): RHB Retail Research said Press Metal Aluminium Holdings Bhd may rise higher after it formed a fourth consecutive white candle. In a trading stocks note today, the research house said the 21-day SMA line is now likely to turn upwards, suggesting additional strength may be present in the coming sessions. “A bullish bias may emerge above the RM4.46 level, with an exit set below the RM4.20 threshold. “Towards the upside, the immediate resistance is at RM4.67. This is followed by the RM4.85 level,” it said. 15/03/2019 09:15  WavesRider Bought 4.07 on 13Feb. Sold 4.56 on 15Mar. Holding period 31 days, 12.04% gain. Thank you PMETAL. 15/03/2019 19:17  |
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