360Capitalist

360Capitalist | Joined since 2014-08-07

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Stock

2014-09-15 15:08 | Report Abuse

齐力营收上看45亿
除了铝价高企、产能增加等利好因素,齐力营运赚幅也占有优势,较区域领域平均的4.5%高,处于10.8%水平,这是因为电费成本较同行低。
齐力与砂拉越能源(SESCO)在2011年签署购电协议(PPA),有效期限还有22年。
总括而言,根据14.5倍本益比,我们给予8.87令吉的目标价及“短线买入”评级。
在上述目标价下,我们认为潜在总回酬率达24.1%。

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2014-09-15 11:33 | Report Abuse

Good news,, Real-time chart show good formation of support at RM7.08 and Buy signal at RM7.11..
This afternoon should move higher.. Time to Re-enter now for those who have sold recently..

Note :
Even KLCI performed badly this morning.. down 18 points, Pmetalstill able to hold its ground steadily

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2014-09-15 08:54 | Report Abuse

Good news ...
Unconfirmed news : Bonus Issue with free warrant submission will be done today or ... in order to meet Q4 dateline...

After announcement, the next trading day the share will Jump and Gap Up.. and people will have to chase up the stock..

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2014-09-14 04:17 | Report Abuse

Chilid, This forum is for PMetal only,,,

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2014-09-13 18:30 | Report Abuse

Aluminium prices take wing The aluminium industry, which is ‘entering an era of metal deficit’, will see an uptrend in prices (Sept 7, 2014)

Read more at: http://www.livemint.com/Money/VVgLsaXd7jzGoIjrCcXQhL/Aluminium-prices-take-wing.html?utm_source=copy

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2014-09-13 18:27 | Report Abuse

The Next Biggest Theme In Commodity Play : Booming Aluminium Era

As the major auto manufacturers move into high-volume aluminium cars and the aluminium producers increase their output of high-performing alloys to cater to them, 2014 will mark the beginning of a dramatic growth in aluminium usage in automotives that will certainly come at the expense of steel.
....................................................................................................................................................
STEEL VS ALUMINIUM: Automotive Aluminium – The Start of An Era
April 17, 2014 - 13:20 GMT ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

Ford is making its 2015 model F-150 pickup truck not with a steel body, but with one made from aluminium - a move that has massive implications for the metal's usage.

It was news that will have passed many people by, but for anyone with a stake in the aluminium industry it was a huge, market-changing, earth-shattering development: Ford is making its 2015 model F-150 pickup truck not with a steel body, but with one made from aluminium.

It is not the first aluminium-intensive vehicle to reach the market. The light-weighting benefits of aluminium have already been showcased in cars such as the Audi A8, with its aluminium frame, and the Jaguar XJ, built with an aluminium sheet-intensive monocoque body.

But the Audi A8 is a luxury sedan car of which only about 12,000 were sold last year in Europe and the USA. The XJ is another luxury vehicle, with less than 8,000 units sold in those markets last year.

The Ford F-150, on the other hand, has been the highest selling car of any kind in the US market for the past 32 years. Ford's F-series pickup trucks sold more than 760,000 units in 2013.

"The real revolutionary change that's happening is that aluminium is now moving into high-volume cars," Alcoa ceo Klaus Kleinfeld said in a recent interview at the Yale school of management. "It's been an accepted, well-working solution for high-end cars for a while. But what we're seeing now is a broad-based transformation from steel to aluminium [in the autos industry]."

Aluminium producers are now predicting that aluminium's usage in autos will double in just a few years - and it's not just the producers.

"Their numbers are accurate - aluminium sales will more than double in the auto industry over the next few years," industry consultant Mark Bodner said. "Steel cannot catch up with the pace of substitution."

But why now? Aluminium producers have been extolling its light-weight, ultra-recyclable, no-rust virtues for decades, and yet steel has maintained dominance in car manufacturing.

Kleinfeld pointed to regulations governing fuel consumption levels, as well as rising fuel prices changing attitudes towards more fuel-efficient cars within each class of vehicle.

Aluminium-intensive vehicles cost more to produce than steel cars, but are cheaper to run because of their greater fuel-efficiency, thanks to their lighter weight. As fuel prices rise, the benefits of aluminium come into sharper focus.

"More than 80% of consumers are now willing to pay up for a more fuel-efficient car," Kleinfeld said. "[A consumer] wants, in the segment of large pickup trucks, the most fuel-efficient pickup truck. That's what's changing."

But there is a third reason - the development of new aluminium technologies that raise the performance of the metal against steel in areas other than its main strength of light-weighting.

Innovation in alloys
The growth of pure downstream aluminium producers such as Novelis and Sapa has led to a spate of alloying innovation, as companies seek to position themselves as solution providers to their customers.

"These downstream companies diversified their suppliers, and research and development was focused on products, not processes, and customer service improved dramatically," Constellium ceo Pierre Vareille said at a recent Metal Bulletin conference on aluminium alloys and their applications.

"All large, downstream companies, whether integrated or not, are now developing their own proprietary alloys," Veraille added. "These developments are triggered by customer demand. Co-operation with customers is the key to developing new alloys."

In the past, aluminium in cars has been mostly confined to cast parts and extrusions, and mainly toward the high end of the autos spectrum. The emergence of new aluminium sheet alloys is now translating to growth in car body panels t

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2014-09-13 00:36 | Report Abuse

8wpwtmt8... don't worry too much. We just have to wait for the good news to be announce next week... when price adjustment coming the share price is at least 50% higher than current level,,

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2014-09-12 14:38 | Report Abuse

Time to buy now at 7.05 .. Trend reversal as breakout of down trend line.. Reversal soon once break RM7.07

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2014-09-12 12:02 | Report Abuse

no problem.. 7000 shares only.. no impact

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2014-09-12 11:31 | Report Abuse

some profit taking,,, It is normal.. Any pull back is excellent opportunity to accumulate further.
Buy before market close today and you stand to gain 10% to 20% by month end.

Rusal is up 2.6% today. So far this week up almost 20%.
Early this week was traded at HK$4.00 level.. now HK$4.75..
The aluminium price is expecting to rebound and exceed US$2100 by next week.

Don't trade.. Buy and Keep for long term capital gain.

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2014-09-12 08:49 | Report Abuse

Aluminium regained ground and bounced back to USD2040 according to CNBC

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2014-09-12 08:49 | Report Abuse

Super Good news :-
I heard the Bonus issue submission to Bursa by early next week include free warrant for mothershare holders

Make sense as the future proceeds of warrant conversions can be used to paired down loan for capex

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2014-09-12 00:44 | Report Abuse

Yes.. To me 7 lots is 7000 shares.. as I used to 1 lots is 1000 shares..

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2014-09-11 22:31 | Report Abuse

Haha..Joel, I am waiting to buy your 7 lots by tomorrow.. Please make sure you sell..

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2014-09-11 17:44 | Report Abuse

I expect good news coming soon such as Bonus Issue Official submission to Bursa Malaysia.. PPA signing and etc.. Aggressive Buy now..

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2014-09-11 17:31 | Report Abuse

The strong USD will affect commodity price but this is for temporary period only. Price will hold above USD1950 and rebound soon as shortages in market is worst than expected. With premium atUSD400 and allin price at USD2350 still good profit margin at 16% for PMetal.

Buy on weakness,, it should be reversing trend soon

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2014-09-11 16:59 | Report Abuse

Based on my last few months observation, normally it will jump up next day after worst closing. Hopefully good news coming soon.. Opportunity to collect more

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2014-09-11 15:42 | Report Abuse

Good to buy now.. down on thin volume is positive signal to collect

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2014-09-11 08:25 | Report Abuse

Aluminium Play is gaining momentum in Stock Market fueled by increase demand and shortages
1) Alcoa USA share price is up 3 days straight and is at 6 years height..
2) Rusal share price is up 3 days straight and is in one year height,
3) aluminium price stabilizes around USD2000 to 2100 level + Premium at USD408 to 420 per MT

http://seekingalpha.com/article/2484415-value-added-products-can-create-value-for-alcoa?source=marketwatch
http://seekingalpha.com/article/2485135-alcoa-more-upside-potential-is-ahead?source=marketwatch

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2014-09-10 15:37 | Report Abuse

billionhair : Sales Revenue around RM4Biillion.. Capacity is refer to yearly basis
CCV2013 : 15 Times

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2014-09-10 12:00 | Report Abuse

Q2 > Aluminium Selling Price at USD2168.. The profit is RM60 Million as provided by RHB Report

So assume Every hike of USD100.. 5% hike in bottomline as per Kenanga Analyst
Actual Scenario Aluminium Selling Price For Q2 at USD2168 : PAT 6% at RM60mil
Scenario 1 : Aluminium Selling Price At USD2268 : PAT 11% at RM110mil
Scenario 2 : Aluminium Selling Price At USD2368 : PAT 16% at RM160mil

So.. coming quarter the PAT should be between RM110 million to RM160 million or EPS at 20 cents to 29 cents

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2014-09-10 11:22 | Report Abuse

The PPA and new capacity expansion will push PMetal stock price crossing RM8.00 with potential of making RM 1billion to RM2 Billion ringgit profit (Depending on Aluminium Price) by 2016.

If PMetal ventures into downstream manufacturing like coil sheet for automotive body segment, it will further improve the profit margin.

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2014-09-10 09:24 | Report Abuse

Extract From RHB Double Happiness.. Target Price RM8.20

♦ Profit surges. Press Metal’s 2QFY14 core net profit doubled q-o-q and tripled y-o-y to MYR60m. The successful re-commissioning of its Mukah smelter and the full operation of its Samalaju smelter from April 2014 were timely to ride on higher all-in aluminium prices, which rose 10.3% q-o-q and 4.2% y-o-y to an average USD2,168/tonne in 2QFY14.

Although Press Metal’s 1HFY14 numbers appeared to be below consensus/our expectations on simple annualisation, we deem the results in line as we expect a much stronger 2H profit on the back of higher aluminium prices and smelting volume. Therefore, we make no changes to our earnings estimates. ♦

Proposing 1:1 bonus issue and interim dividend. Besides posting strong 2QFY14 results, Press Metal’s board has proposed a 1:1 bonus issue to reward its shareholders and improve its shares’ liquidity. In addition, its board has proposed a second interim dividend of 5 sen per share (YTD 10 sen per share), which we think is a good practice to reward its shareholders on a quarterly basis. Going forward, we expect the company to record core profits of MYR80m in 3QFY14 and MYR90m in 4QFY14, with quarterly profit to normalise to around MYR94m in FY15 based on our all-in aluminium price assumptions of USD2,300/USD2,365 /USD2,400 in the corresponding periods.

''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''
My Analysis of Q3 Earning :-
Aluminium Selling Price Q2 : USD2168 Vs Q3 : USD2400
(Q3, 2014 : Current LME Rate : USD2000 to 2100 + Premium USD400 = USD2400 to 2500 Per MT)

Rought Estimate
Q3 Profit at RM141,66 Million Vs Q2 RM60 Million Net Profit
Q3 EPS : 25.7 Cents Vs Q2 EPS : 11.57 Cts
Q2Q : 96% Growth in EPS

Buy now as the stock is still trading at 7 to 8 times forwar PE

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2014-09-09 17:20 | Report Abuse

Still at USD2075 per metric tonne

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2014-09-09 17:06 | Report Abuse

Bloomberg reported that aluminum climbed for the second time in three days while the trade surplus in China, the biggest consumer of industrial metals, grew to a record as exports rose.
China’s exports in August increased 9.4% from a year earlier beating with the 9%. Imports unexpectedly dropped 2.4% leaving a trade surplus of USD 49.8 billion.

The Beijing based customs administration said that the metal in London advanced as much as 0.3% to USD 2,100 per tonne.

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2014-09-09 16:47 | Report Abuse

Aluminum MMI® Increases 2.1% to 97; Aluminum Keeps Roaring And so Does Alcoa
by MetalMiner IndX Reports on SEPTEMBER 9, 2014

There is not much to think about on aluminum. While the trend is up, you’d better be hedged. So far, the trend is up and there are no signs of weakness. If Alcoa can reach a 6-year high, so can aluminum.

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2014-09-09 11:40 | Report Abuse

As usual.. stock analyst always conservative in their forward looking analysis..

Read carefully :-
Thus, we expect aluminium prices to increase to an
average of USD1900/MT (+3%) in FY14E and USD2100/MT (+11%) in
FY15E.
>>> I think they have not include the Premium pay by the buyers.. USD400 per MT

Based on our sensitivity analysis, every USD100/MT increase in aluminum prices could directly translate into a 5% increase in Press Metal (PMETAL)’s bottom line.
>>> Additional Profit of RM135 to 145 Mil per USD100 hike in aluminium price

Hence, we believe PMETAL should benefit directly
from the higher price trend as 97% of revenue is derived from its
Manufacturing & Trading (M&T) division, which sells aluminum ingots, billets
and extrusion products.
• Margin expansion in M&T division to drive earnings growth.

My View :-
1) The current LME Spot Rate is USD2080 Vs USD1900 by Kenanga exclude premium and
RHB is using USD2200 for FY2014 and USD2400 for FY2015 in its last report (with Premium)
2) The PAT given by Kenanga is lower that RHB projections.. yet it give a higher target price of RM8.87 than RHB RM 7.38.

We should wait for RHB new report with new Target Price as I believe should be release soon as the current prevailing price of RM 7.42 already exceeded RHB target price. of RM7.38.

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2014-09-09 10:24 | Report Abuse

PMetal is a solid and fundamental sound stock.
Its superior earning will be hottest topic or headlines soon due to Aluminium Price rally caused by curtailed of production capacities by Smelters and new demand from automotive and aircraft sectors.

The EPS of RM 1.83 per share or 46 cents per quarter in 2015 should be very conservative estimation and should have great potential to hit 60 cents per quarter once LME spot rate hit USD2500 to 2600 while premium remain at USD400 to 500 range,

My Only Advice is convert your loss making stock portfolio and convert into PMetal to recover your losses and make handsome gain in PMetal.

Chance in a lifetime, The Only Stock that can make your retirement plan come true...

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2014-09-09 10:12 | Report Abuse

This week Target Price RM8.30

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2014-09-09 09:35 | Report Abuse

Based on All In Aluminium Price at USD 2500 Per Metric Tonne, PMetal,s profit will reach RM1Billion with Earning Per Share = RM1.83 , if P/E 10 Times, the fair value is RM18.30.

Looks like RM15.00 can be achieved before exBonus on Nov/Dec 2014, and hence give a Best Return of 100% within 90 day.

Aggressive Buy now...

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2014-09-08 16:10 | Report Abuse

Target price for this week.. RM8.30

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2014-09-08 15:12 | Report Abuse

PMetal very strong sign to break new high soon...

FY2015 Total Profit Estimation Per Annum After Minority Interest = RM1008 Million or RM 1.008B
Ordinary Shares In Circulation/Issued = 550 mil Shares
Earning Per Share = RM1.83

Fair Value :-
P/E 10 Times : RM18.30
P/E 15 Times : RM27.50
P/E 20 Times : RM36,60

Every hike of USD100 in aluminium price will bring in additional profit of RM135mil to 145Mil per year and hence will reduce the P/E ratio.

Stock

2014-09-08 10:24 | Report Abuse

Press Metal.. Big Jump In Profit Soon
coming Q3 & Q4..2014 and 2015

PMetal FY2015 : Profit Estimation

A) Smelting Division
1) Aluminium Price : USD2500 (LME $2080 + Premium $420 )
2) Breakeven Cost : USD 1750 Per Metric Tonne (PAT)
3) Capacity : 440,000 MTonnes
4) Exchange Rate : 3.20

Note :-
US$1700 to 1765 Per Metric Tonnes After Tax (PAT) Provided By RHB Investment Bank
http://klse.i3investor.com/blogs/rhb/56776.jsp

Financial Year 2015
A) Smelting Division Net Profit
( $2500 - 1750 ) X 440,000 X 3.2 = RM1.056 Billion
B) Extrusion Division Net Profit = RM110 mil

FY2015 Total Profit Estimation Per Annum before Minority Interest
= RM 1056 mil +110 mil = RM1156 Mil

FY2015 Total Profit Estimation Per Annum After Minority Interest = RM1008 Million or RM 1.008B
Ordinary Shares In Circulation/Issued = 550 mil Shares
Earning Per Share = RM1.83

Fair Value :-
P/E 10 Times : RM18.30
P/E 15 Times : RM27.50
P/E 20 Times : RM36,60

*************************************************************************************************************
Every hike of USD100 in aluminium price will bring in additional profit of RM135mil to 145Mil per year and hence will reduce the P/E ratio.

*************************************************************************************************************

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2014-09-07 18:27 | Report Abuse

Will PMetal Inching Higher when market open on Monday ??

Alcoa (AA) Shares Touches a Fresh 52-Week High at $17.36 ..
http://www.zacks.com/stock/news/146305/alcoa-aa-shares-touches-a-fresh-52-week-high-at-%24173
In Alcoa’s Global Rolled Products segment, the automotive expansion in Davenport, IA, is complete and will continue to ramp-up production in the third quarter to cater to the growing demand for aluminum intensive vehicles. Alcoa’s second automotive expansion in Tennessee is expected to be complete in mid-2015. The amount of aluminum body sheet content in North American vehicles is expected to quadruple by 2015 and increase tenfold by 2025 from 2012 levels.

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2014-09-07 18:24 | Report Abuse

The aluminium boom
http://www.automotivemanufacturingsolutions.com/process-materials/the-aluminium-boom
According to a study by Ducker Worldwide, the use of aluminium by Car Makers will grow from an average of 147kg per vehicle in 2008 to 249kg by 2025,

Allied to aluminium
http://www.automotivemanufacturingsolutions.com/process-materials/aluminium-for-automotive-applications
Constellium estimates that the US market for aluminium rolled products, to be used in automotive body-in-white (BIW), could grow from under 100,000 tons in 2012 to approximately 1m tons in 2020. In Europe, it expects the BIW market to grow by about 12% a year to more than 600,000 tons in 2020. Alcoa’s Scheps says: “The main change is the move from aluminium hoods into doors and full car bodies.”

Stock

2014-09-06 09:16 | Report Abuse

See aluminium price hold above USD 2400/tonne: Nalco

Answering a query put by CNBC-TV18’s guest editor Abhay Laijawala, MD & Head of Research, Deutsche Equities India on whether alumna prices on the LME are expected to move up in line with aluminium prices, Ansuman Das, chairman and managing director of Nalco said alumina prices may not move up as sharply as aluminium prices but would be stable and may continue to have an up trend. The aluminium price on the LME were around USD 2100 per tonne and the spot alumina prices were around USD 325 per tonne. Das expects the aluminium prices to hold above USD 2400 per tonne.

As producers we look at price plus premium because our realisation is not only about the price, it is also about the premium that we get. The price of premium is close to USD 2500 per tonne. We get about USD 355-360 premium here but Japanese premiums are more than USD 400, European premiums have also gone up. Although the demand in China is not really going up in the way one expected it to, but the demand in rest of the world is still quite high. So, I expect the aluminium prices to be in the range of USD 2050-2150, it should be range bound but there will be little pressure on the premiums in the coming months. LME stocks have also started going down in the warehouses. So, I feel once the physical supply improves the premium may come down a little bit but altogether realisations for a producer could be in the range of USD 2450-2550 which is a pretty good figure.

Ansuman Das of Nalco expects the aluminium prices to hold above USD 2400 per tonne. Moreover, he thinks with the new government’s focus on infrastructure development there demand for aluminum in India could be high.

Read more at: http://www.moneycontrol.com/news/business/see-aluminium-price-hold-above-usd-2400tonne-nalco_1170355.html?utm_source=ref_article

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2014-09-06 09:03 | Report Abuse

Brazil's aluminium ingot premiums adjust to higher international levels $600 to $650
September 05, 2014 - 10:06 GMT Location: São Paulo

Aluminium ingot premiums in Brazil moved up on a weekly basis, despite the still sluggish domestic demand, as the market adjusted to the light metal’s higher international premium levels.

Metal Bulletin's assessment for P1020A aluminium ingot premiums reached $600-$650 per tonne on Thursday September 4, for a lot size of 100 tonnes delivered to the Sao Paulo region, compared with $550-$600 per tonne previously. While most local buyers continued to resist trading at those levels, citing the continued slow end-user demand, deals and offers reported in the week fell in that premium range. "The...

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2014-09-05 17:19 | Report Abuse

Gap up Closing from RM7.09 to RM 7,13.. Beautiful closing.
Last bid closing RM7,13,, Volume done at more than 100,000 shares as one serious buyer Q at RM7.26 for 97,700 shares to take all sellers bids from RM7,10 to RM7.13.

Technically, Monday the Rally is confirmed with RM7.13 closing. We have witnessed strong buying support at RM7.05 to RM7.10 with minimal downside risks.
.
Buy upon market open as the LME aluminium prices positive closing will boost PMetal stock prices,, Next week the new journey begin with new wave TP at RM8.20 once RM7.19 is break.

Happy Trading

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2014-09-05 12:45 | Report Abuse

Recycling Drives Japan Scrap Past LME Aluminum: Chart of the Day
http://www.bloomberg.com/news/2014-09-04/recycling-drives-japan-scrap-past-lme-aluminum-chart-of-the-day.html

Aluminum scrap prices in Japan, where about 97 percent of beverage cans are collected for recycling or reuse, surged to the highest since 2008 as rising car sales in China and the U.S. boost demand.

Japan shipped a record amount of aluminum scrap in 2013, helped by sales to Korea, customs data show. Goldman Sachs Group Inc. forecasts global demand for aluminum will exceed output by 579,000 metric tons this year and 619,000 tons in 2015. Better-than-expected auto sales are a key factor, with U.S. automakers reporting August sales reaching the highest annual pace since January 2006. In China, vehicle production through July rose 9.5 percent from a year earlier.

“One thing that continues to surprise everyone is the continued acceleration of automotive use of aluminum,” Philip Martens, president of Novelis, said on an earnings conference call Aug. 7. New models of Ford Motor Co.’s F-150 pickup and a sedan by Jaguar Land Rover Ltd. are industry trend-setters in lightening vehicles by replacing steel with aluminum, he said.


Forward Notes :
The LME Aluminium Spots Rate is believe to be strong and should move higher tonight when European market open for trades.

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2014-09-05 10:37 | Report Abuse

8wpwtmt8..

The share price holding steady around RM7.03 to 7.05 level..
Once break 7.19.. the next wave is RM 7.35 to RM8.20,,,

Happy Trading

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2014-09-05 10:13 | Report Abuse

Goooood News / Breaking News;-
Aluminum Buyers in Japan Said to Pay Record Fee on Output Cut

Aluminum buyers in Japan, Asia’s biggest importer, agreed to pay premiums of $420 a metric ton in the coming quarter, according to three executives who represent buyers and sellers. That’s up from a range of $400 to $408 a ton this quarter and a record high for a fourth consecutive time.

Buyers in Japan will pay the surcharge above the London Metal Exchange cash price for the three months beginning in October, said the executives, who were involved in the negotiations and asked not to be identified because the information is confidential. Japanese buyers and suppliers negotiate the premiums quarterly.

The rising surcharges follow output from Brazil, owner of the world’s third-largest ore reserves, falling in July to the lowest level in data going back to 1996. The country’s worst drought in decades drained reservoirs used to run hydroelectric generators that supply power to extract aluminum.

The metal used in everything from cars to beverage cans entered a bull market on the LME in July and reached an 18-month high of $2,119.50 a ton on Aug. 29. Futures for delivery in three months were little changed at $2,104.75 a ton at 9:31 a.m. Tokyo time.

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2014-09-05 10:08 | Report Abuse

PMetal .. The rally will continue today... if break 7.19

The stage is ready with following good news..
1) Rusal ,,,Third Largest Aluminium Smelters Up 5% in Hong Kong Stock Exchange
http://www.bloomberg.com/quote/486:HK

2) LME Aluminium 3 months closed higher at USD2107

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2014-09-04 10:15 | Report Abuse

Possible.. even at RM15.00 it is trading at P/E 18 times for 2014 but at merely P/E 10 based on conservative earning potential for 2015.. If all in aluminium prices hitting higher, the P/E will drop drastically .. maybe to 5 times

Huge huge Potential,, The only Stock to Outbeat market on all kind of Investment or Trading instruments or derivatives.

Follow me and make Explosive and Huge Returns..beyond your imagination.. Chance in A Life Time.

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2014-09-03 15:23 | Report Abuse

PMetal estimated earnings for FY 2014, 2015
( I May be wrong, just a guideline )

FY2014,, EPS 68 Cts..
PE 15 @ RM10.20
PE 20 @ RM13.60

FY2015,, EPS 148 Cts
Expected Dividend Pay-Out : 45 Cents Per Share..
PE 15 @ RM22.20
PE 20 @ RM29.60

Note :
Based on 550 mil shares (Before Bonus Issue)

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2014-09-03 12:41 | Report Abuse

Zinc, aluminium prices hit session high (Xinhua, September 3, 2014)

The base metal prices on the London Metal Exchange (LME) closed higher mostly on Tueday, with zinc climbed to a four-week high and aluminium neared an 18-month peak.

Zinc and aluminium prices were driven by momentum-based speculators and computer-driven funds on Tuesday.

Aluminium prices, which have gained 13 percent over the past two months, have also been supported recently by one investor holding a large position of inventories and short-dated futures. The three-month unofficial aluminium price increased 16 U.S. dollars, or 0.76 percent, to 2,113 U.S. dollars a tonne.

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2014-09-03 12:09 | Report Abuse

Last reminder... Jump .. Jump

Those we follow my call to Buy since RM6.10.. should gain handsomely...

A Killing Call To Investment Community on Press Metal Berhad : The Next Superb Champion
(Buy Into Aluminium Proxy Play In Malaysia : Press Metal Berhad )

Background :
PMetal Rides along Aluminium Super Rally Fueled by Shortage and Booming Demand from Automotive Sectors and Commercial Aircraft Makers

Killing Factor : LME Aluminium Price : Turbo Engine of Press Metal Price Booster
The current LME price of USD2100 is just the beginning stage of aluminium rally compared to its all time high of USD3400 in 2009... So, with higher aluminum price, PMetal is surely making RM1 Billion to RM2 Billion net profit per year by FY2016 and FY2017 which translate into Earning Per Share of RM 1.80 to RM 3.60. Isn't it looking attractive ??

So, by 2016/2017 .. based on P/E Ratio of 15 times it should be worth RM 36.00 to RM 54.00 with lucrative dividend incomes of 30% to 40% of yearly profit.

Investment Highlights :-
1) That is no stock in Bursa Malaysia is matching PMetal investable criteria in terms of its above industry net profit margin (boosted by aluminium price rally), Even, when aluminium price hit all time low at USD1635, the company still managed to breakeven, Thanks to the Management foresight with the right business model in creating `The World Class Low Cost Smelters.
2) Every increase of USD100 in aluminium price or premium will translate into net profit of RM140mil to RM160mil based on exchange rate of US$/RM at 3.20.
3) Possible Scenario : Imagine, when aluminium rally all the way to USD3400 and beyonds (My prediction : Aluminium will touch USD5200 by 2019), we should see improve Profit Margin and Record Breaking Net Profits on Quarterly basis on Quarter to Quarter and Year to Year basis.
So, the valuation of stock prices by Stock analyst will keep on increasing. Buy Now,
4) With merely RM250 mil Paid Up Capital, It can bring in Sales Revenue of RM4 Billion and beyond and the Net Profit matching or higher than its Paid-Up capital is showing its management capability in efficiently manage the company financial resources,
5) The Stage is Set for Aluminium Rally boosted by industry shortage and huge demand of aluminium by Automotive sector and Aircraft makers. So, the prices sustainability is not an issue at all. Furthermore, it won't see any increase of industry capacity from now till 2017.
6) Based on RM7.03, the P/E is only 8 to 9 times which make it attractive for Aggressive Buy.
In fact, the fair price should be RM11.00 and it is still Buy Call as long as the aluminium rally is still intact.

Remarks :
The Price Looks Expensive, But, The Value of PMetal is Cheapest Than Any Penny Stocks Quoted In Bursa Malaysia,