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2014-10-20 16:53 | Report Abuse
if you still not make payment and got profit, just sell. Market still not stable.
2014-10-15 11:29 | Report Abuse
Just broke Resistance 5.13, next resistance in 5.32. Immediate support now in 5.00, next support 4.32.
As I said earlier, for mid-long term investor, current price is very attractive.
2014-10-14 16:30 | Report Abuse
Since yesterday, try to build support at 5.00.
2014-10-13 17:55 | Report Abuse
Support 5.32 and 5.10 broke today, next support will be 4.31, 3.78.
For mid long term investor, current price is very attractive. For contra player, better don't touch any counter for this week. Let price stable first.
2014-09-26 17:02 | Report Abuse
Good on behalf for those still keeping stock.
2014-09-26 16:51 | Report Abuse
Good, close at 5.85 today.
2014-09-26 16:34 | Report Abuse
Split is good. Share price become 50% of the original price. i.e. RM6.00, after split RM3.00. More people can participate into this counter. Not like current, only those got big fund can buy this counter.
2014-09-26 16:27 | Report Abuse
I think their management also proposing to split their share 1 to 1, may be end of this year.
2014-09-26 16:26 | Report Abuse
sure panic lah,drop more than 20% of their purchasing price.
2014-09-26 16:10 | Report Abuse
PMetal I start go in since 3.80, out from market 6.34. After it went up to 7.xx, I just watch, yesterday go in on 6.36, luckily this morning average down and buy again in 5.42. SOLD all at 5.90 just now. Will go in again if price below 5.75 (depends on the momentum, if selling pressure high, will wait till below 5.35)
2014-09-26 16:03 | Report Abuse
currently try to build support in 5.90. If can closed at or above 5.90 by today, monday will try to break another resistance at 6.02, follow by 6.30.
2014-09-26 16:01 | Report Abuse
Monday will be T+3 for those buy on Wed, average price 6.67-7.05 (1.135M), T+4/buy on Tuesday 6.98-7.13 (0.813M),hoping they already sold out just now, if not, monday morning will drop somemore. Based on today transaction nearly 9M, I think most of them already cut loss just now.
2014-09-26 15:30 | Report Abuse
today break support 6.00 and 5.75 down to 5.32, than rebound above 5.75, Strong Support now in 5.75. Current resistance in 5.90.
2014-09-26 15:25 | Report Abuse
Technical update on Press Metal.
Stock is under heavy selling pressure after breaching the MYR7.00 level. Next support is at MYR6.00 followed by minor one at MYR5.75, and MYR5.20.
One way to look at this is that the correction is potentially healthy, given how much the stock has ran up and it’s still above the 50-day MAV line. Just the speed of selling is a bit worrisome. If the stock can hold and stabalise above MYR6.00 support for a while, would be a good thing. Conservative investors may wish to see that happening before making an entry.
Note that aluminium prices has been correcting the past month, but it has always been volatile. The general trend this year is still upward.
Stock: [PMETAL]: PRESS METAL ALUMINIUM HOLDINGS BERHAD
2014-10-20 16:58 | Report Abuse
Ye, lock profit first.
In KLSE, price up due to rumous, price down due to news. Gain profit first.