A major factor driving the deficit view is a bullish outlook for the demand, particularly from the automobile industry as it moves to produce lighter, more energy-efficient vehicles.

Ford Motor plans to launch a new aluminium-intensive truck this year, and aluminium firms have announced plans to build plants to fabricate sheet for automakers, whose names have mostly not been disclosed. "In the automotive sector you see a clear advantage for light metal," said Svein Richard Brandtzaeg, chief executive of aluminium producer Norsk Hydro, adding that the aluminium market was in its strongest shape since 2008/09.

"There are new efficiency rules in the U.S market and EU regulation on carbon emissions. We see that U.S. (demand) is growing faster than Europe."

European aluminium traders said they are seeing a rise in enquiries for material at a time of year that is usually quiet as the western hemisphere traditionally winds down for summer.The stronger demand, combined with restricted access to the metal, has helped keep European aluminium premiums, or costs to obtain physical metal, at record highs of around $450 a tonne for duty-paid material.

Financing deals and logjams in accessing metal from LME-registered warehouses have helped underpin premiums, with wait times to get metal backlogged by two years at warehouses in the Dutch port of Vlissingen, which holds more than 2 million tonnes. "The rise in premiums has helped the all-in price improve from the first to second quarter. That's a big plus to the producers," an aluminium trader said.

"There's scope for premiums to rise. Material is still stuck in queues, and demand is pretty strong at the moment." (editing by Jane Baird)

Aluminium to swing to deficit in 2015 after output cuts, ban
http://uk.reuters.com/article/2014/07/31/metals-aluminium-deficit-idUKL6N0Q64YJ20140731

Next Week,,, RM8,00 and above

Analyst will upgrade Target Price soon

Gold and Silver Directionless-Palladium-and-Aluminium-bullish
Aluminum – Base in Place?
In hearing that Ford is going to move entirely to Aluminum for the F150, we took a quick look at the metal (LA1- 2,081.50, see Figure 30), and there is decidedly an impressive base completing currently. The 2011 downtrend has been penetrated and the year-long base appears complete over the past month-plus. The next price resistance is 2,200 and thereafter, close to 2,400; support 2,000. The weekly and the monthly momentum models have recently turned positive.
http://goldsilverworlds.com/price/gold-and-silver-directionless-palladium-and-aluminium-bullish/

September 2, Aluminium Prices Hike Further
Alumina Prices in China to Rise Further for H2 2014, SMM Expects
http://www.metal.com/newscontent/64349_alumina-prices-in-china-to-rise-further-for-h2-2014-smm-expects
1) METALS-Zinc hits 4-week peak, aluminium up as funds buy
http://af.reuters.com/article/idAFL3N0R32NP20140902
2) SHFE Aluminum Prices Surge on Expectations for Easing Oversupply (Sept. 2, 2014)
http://www.metal.com/newscontent/64351_shfe-aluminum-prices-surge-on-expectations-for-easing-oversupply-sept.-2-2014
3)Aluminum Prices in East China Extend Gains, Tracking SHFE Aluminum (Sept. 2, 2014)
http://www.metal.com/newscontent/64338_aluminum-prices-in-east-china-extend-gains-tracking-shfe-aluminum-sept.-2-2014

The official submission for Bonus Issue can be done any moments from now till on or before October 11, 2014. If submission by mid September, the approval should be granted by Bursa before end of September. By then, EGM must be held to pass the resolution usually take 3 weeks, so we expect the Bonus issue exercise to complete by November 2014 (Q4).

In most cases, the share will be on uptrend till the ex-date of Bonus issue.

Billionhair...
I am agreed ,, If minus all the Debts still worth RM18 Billion Vs Market Capitalization of RM 3.8 Billion.. RM 18 Billion Set Up Cost Vs PMetal Market Value : RM3.8Billion,

I think if Press Metal up for sale, if may attract many middle east investors with no less than USD6 Billion price tag as the operations is in `money printing mode; instead of waiting for few years the setting up of plant and commissioning of operations.

So, our investment is only a friction of market price / market value. We should be riding on Flying Jet soon,,. at least it worth USD6 Billion or RM33 per share.

If offers come, PMetal may limit-up few times

so coinccidents.. Today up 36 Cents

How much is the investment to start a similar Aluminium Smelting Capacity like PMetal with 440,000 Metric tonnes Capacity ?

The answer is USD 6.2 Billion.
In layman terms : Press Metal Berhad shares is worth RM36.00 based on today market price.
(550,000,000 Million Shares)

------------------------------------------------------------------------------------------------------

http://www.dailyexcelsior.com/aluminium-futures-gain-overseas-cues-spot-demand/

Saudi Ma'aden, Alcoa start commercial ops at huge aluminium plant
Reuters
23 hours ago

KHOBAR, Saudi Arabia, Sept 1 (Reuters) - Saudi Arabian Mining Co (Ma'aden) said on Monday its joint aluminium smelter with U.S.-based Alcoa has started commercial operations.

The $10.8 billion aluminium plant at Ras al-Khair, on the Gulf coast of the kingdom, had experienced issues during the initial start-up phase last year when it had to shut one of its two smelting lines in October due to problems encountered during ramp-up.

The smelter has a production capacity of 740,000 tonnes a year of aluminium, with commercial operations to begin impacting Ma'aden's financials from the third quarter onwards, it said in a bourse filing.

The Saudi project is important to Alcoa, both because of its size and the fact it should be the facility with the lowest production costs in the world - important at a time when the industry pushes to cut expenses.

Alcoa owns 25 percent of the joint venture, with Ma'aden holding the balance.

(Reporting by Reem Shamseddine; Editing by David French)

The next Target Price is RM8.90.
Any pull-back is temporary and oppotunity to accumulate further.

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,

According to RHB analyst : Every US$100 hike in aluminium price will translate an additional RM50 Million net profit.. (Should be USD50mil and not RM50mil )

I am not agree .. it should be more based on 440,000 Metric Tonnes Smelting capacity and 80,000 extrusion capacity. Every US$100 hike in aluminium price, means extra dollar profit for PMetal as the total material cost is accounted for 15,5% of overall cost.

I can surely say,, Every hike of USD100 in aluminium price will bring in additional revenue of RM150 mil to 160 million sales based on exchange rate of USD at 3.20.. so the profit surely higher that RM50 mil as claimed.. Maybe RM150 mil addtional net profit.

### Maybe due to error of not converting USD to RM.. Should be USD50Mil extra profits

My 2 cents view,.. Please comment.

The Edge > Hot Stock Again : Press Metal

http://www.theedgemalaysia.com/highlights/305416-hot-stock-press-metal-rises-44-amid-surging-aluminium-prices-hl.html

Aluminium World News Updates
Sept 1 : Alumina prices rise as Atlantic market tightens
http://www.metalbulletin.com/Article/3375851/Aluminium/Alumina-prices-rise-as-Atlantic-market-tightens.html#axzz3C7jw3mi3
Sept 2 : Brazil's aluminium exports fall 19% y-o-y in August,, due to closed down
http://www.metalbulletin.com/Article/3375966/Brazils-aluminium-exports-fall-19-y-o-y-in-August.html#ixzz3C7klmKSV

At USD2500 (All in Price of Aluminium at USD2100 + Premium USD40), PMetal should make hefty profit of RM650 million or EPS per share of RM1.18 (Based On Issued Shares of 550 Mil Shares).

The P/E for 2015 is just 6 times only based on its superior earning ability not counting on downstream activities, capacity expansion and etc.

What if Aluminium prices surge further ?
The Sky is limit.
This is the Best and The Only 'Explosive Returns " Long Term and Sleep Well investment In Visible in Bursa Malaysia at least until 2017, nothing comes close ...

The Superb Champ in All Bursa Stocks.. Witness my statement and comment in futures.

Happy Trading

By end of this month.. PMetal should trade at RM8.00 to RM9.00 level.
Based on latest All in Price of Aluminium at USD2100 + Premium USD400, at last Friday closing of RM6,64, the P/E ratio is less than 9. If based on P/E of 15, the fair value should be RM11.00.

Only advice is : Aggressive Buy

China government imposed 15% export duties for raw aluminium material.
So, the price is not competitive to export directly to overseas market.

Turbo88
PPA is Power Purchase Agreement with utilities provider which is SEB ( In Peninsular is TNB).
Once the PPA is in place,, PMetal can start to build the new plant to expand production capacity by another 330,000 Metric Tonnes by 2016 as mentioned by WKeeing.

With total smelting capacity of 770,000 Metric Tonnes and existing extrusion capacity, the annual turnover can hit RM8 Billion or RM2 Billion per Qtr.

The current rally will hit RM 7,55 very soon by early September

The Aluminium prices rally will boost the explosive earning potential of Press Metal Berhad.
The net profit Quarter to Quarter is jumping from 3%, Q1'2014 (LME Spot Price USD1650) to 6% Q2' 2014 (LME Spot Price US$ 1850), with current LME Spot price of US$ 2050, we expect the net profit to rise further.. if 10% of Turnover will be RM100mil for Q3'2014..

We should see more aggressive buying action from now due to Aluminium Price Rally, Bonus Issue and Pre- Quarterly Result Announcement Rally in anticipation of Surprise Earning,

Swap your Portfolio now to PMetal Only,
The Only SuperStar in Bursa Malaysia that will outperform many stocks for the next few years.

From RM6,10 ,, to RM10,, or Zomo source of TP RM15.00.. it is still buy call to accumulate further because you will never reach the sky until the aluminium spot price reach USD3400 and market supply in surplus condition. By then, we will discuss about sustainability..

Happy Trading and Ride with The New Corporate Giant in making

Aug 28 : Aluminium prices up 1.2% to USD2108 from USD2085.50

HamSubBoy..

Your figures provided is not accurate or up to date..
The real pictures as follows :-

1. EPS (2014) > RM 49 Cts
Q1 : 5,48 Cts
Q2 : 11.57 Cts ...6 Months EPS 17 Cts (Actual)
Q3 : 16.0 Cts ( Projection )
Q4 : 16.0 Cts ( Projection )

2. PE Based on yesterday closing is 13,36 times
If based on RHB projected earning of RM364mil (Based on Aluminium Price of USD2400),
The PE for 2015 is 9.8 Times

* The current price should be USD 2100 + 400 = USD 2500.
By January 2015, The LME Spot Rate should hit USD 2200 + 500 = USD2700

So RHB Report is VERY CONSERVATIVE and we foresee the upgrade of new higher Target Price before end of the year.

$$$$$ Every increament of USD100, will contribute additional RM144 Million Gross Profit, Before Minority Interest $$$$$ ( Based on Exchange rate 3.20 and Annual Capacity 440,000 MTonnes

3. As of Q2, 2014, NTA Per Share is RM3,29.


For 2015, I believe the profit should hit minimum RM500mil to 800 mil range Vs RM364 mil (RHB Projection)


Strongly Recommend to Buy Now.. As This is The Only Proxy of Aluminium Play In Malaysia

PMetal will Be The Superb Champion among all Bursa Malaysia Stocks from now onwards till 2016/2017

Russia’s Rusal back in black
Global supply deficit more than doubling in the second half of the year to 1.5 million tonnes.

http://www.thestar.com.my/Business/Business-News/2014/08/28/Russias-Rusal-back-in-black/

Based on Earning Per Share (EPS) and Forward Price Earning Ratio,
The fair price as follows :-

EPS of RM 80 cts EPS @ RM 1.00..
Share Price @ P/E 15 RM12.00 RM 15.00
Share Price @ P/E 20 RM16.00 RM 20.00

Don't worry about Target Price.. EPS per share for 2015 is minimum 80 cts to 90 cts based on 540 mil shares. It is still very cheap with forward PE below 9.

The bonus issue 1 : 1 should provide catalyst for further upside and upsurge in aluminium prices should be sustainable with new automotive demands and deficit in worldwide supply.

The Sky is limit,,
Aluminium price is still at early stage of bull run.. USD2100, The all time high prices USD 3400..
The industry shortage caused by Smelters down-sizing and closed down unprofitable division will ensure the price moving higher towards USD3400. The new demand from Mammooth Industry - Automotive Sector, Commercial Aircraft and Electronic Gadgets will ensure strong demand to sustain the aluminium prices.

Just Imagine how much is the profit PMetal is going to make if LME Spot Rate at USD 3000 plus Hefty Aluminium Premiums (Minimum USD500 from 2015 onwards : The answer is more than RM1Billion to RM2Billion per year,,

This will make Koon Family The Next Top 20 Richest Man In Malaysia

PMetal > Strong surge ahead with multiple good news flows:
1) Bonus Issue
2) Aluminium Shortage : Rusal cut capacity by 10,8%.. Deficit is estimated at 1.5 Mil MTonnes
3) New Round of Prices Rally boost by United States Durable Goods Index,,, Automotive and Commercial Aircraft.
4) First Time Aluminium Supply Deficit in 25 years. Aluminium prices should be reaching the Peak at USD3400 by 2015/2016, The current price of USD2100 is in big discount.
5) Aluminium Premium hikes by Smelters to Japanese Buyers from Q3' 2014 USD400 ~ 408 to USD 420 ~ 460 in Q4' 2014..

The price is US$0.94/lb and Technically, it should moving to 0.95 to 0.97 level soon
http://www.infomine.com/investment/metal-prices/aluminum/

Latest closing at LME : US$ 2081.50 per metric tonne
http://www.lme.com/en-gb/metals/non-ferrous/aluminium/

World Largest Aluminium Smelter RUSAL cuts aluminium production by 10.8%
2014.. World Aluminium Deficit Increased to 1.5 Million metric tonnes

http://en.itar-tass.com/economy/746849

LME OFFICIALS: Aluminium prices hit $2,100 on surprise jump in US aerospace orders

http://www.metalbulletin.com/Article/3374076/LME-OFFICIALS-Aluminium-prices-hit-2100-on-surprise-jump-in-US-aerospace-orders.html

8wpwtmt8..Thanks for Good follow -up with Maybank on Bonus submission, Hopefully within these 2 days. Chartwise it has show good support at RM6,11 and we hope PMetal has good showing tomorrow and expect another strong uptrend wave started soon if break RM6.28 and RM 6,55 with short term target price at RM7.55..

I believe it is time for company to submit Bonus issue 1 for 1 to Bursa Malaysia soon,
Approval should be very fast and hopefully can complete by mid October.

So for usual case, bonus issue rally will start after submission.. Buy now, the Target Price is RM8.50 to 9.00 before ex-date Bonus.

BFM radio interview with Datuk Paul Koon, Group CEO of Press Metal Berhad
http://www.bfm.my/breakfast-grille-dato-koon-poh-keong-press-metal.html

For Q3' 2014 and Q4 .. conservatively minimum profit achievable is RM90 mil per Qtr .. which translate to EPS per Qtr 16.8 cents .. Dividend per Qtr,, minimum 5 cents based on 30% to 40% dividend policy.

The current PE ratio is 9 only..

The bonus issue will happen and my estimation timeline of completion by October.
While based on PMetal past track records, it usually jump up minimum RM1.00 or more within 2 weeks because of favorable uprising LTE aluminium price (LME), premiums and etc. It is still in very early stage of fundamental run. We should be able to see the price cross RM10.00 before exBonus issue. Again, this is my personal judgement only and not mean to lure any party to buy into PMetal.

For me, now is best time to Buy aggressively. The stock will 'skyrocket' anytime,,

http://www.lme.com/en-gb/metals/non-ferrous/aluminium/

With aluminium price rally to new high since 2013 and pending bonus issue 1 for 1, the price should move higher after ex-dividend.. Any downside is good for further buy.

Russia's Rusal offers Japan aluminum buyers $460/mt premium (13% Higher Than Q3 2014)
STRONG BUY
>>> Q4 should record Higher Profit than RM100mil in single Quarter
>>> Coming Q3 The Profit should be above RHB analyst expectation of RM90mil
http://www.hellenicshippingnews.com/russias-rusal-offers-japan-aluminum-buyers-460mt-premium/

Aluminum Extends Rally to Highest Since 2013 on Supply Deficit
http://www.bloomberg.com/news/2014-08-20/aluminum-extends-rally-to-highest-since-2013-on-supply-deficit.html

The business and prospect for GKB is robust. Should be bagging additional RM5B to RM10B projects by next year. Hold for long term and It will be one of the shinning Superstar in KLSE.

Will touch RM 3.00 before exBonus

http://www.theedgemalaysia.com/highlights/303087-highlight-press-metal-eyes-lucrative-auto-parts-segment.html

I cleared all at 62 to 63.5 cts.. Thanks

http://www.thestar.com.my/Business/Business-News/2014/08/12/Press-Metal-Q2-earnings-surge/

2.34..

With the bonus issue date announced yesterday, we expect George Kent to move higher soon.. Target RM2.51 to 2.80 range.. Happy Trading

Is good to accumulate at current level RM3.20 to RM3.30 as coming Quarterly Earning Report announcement may beat analyst forecasts hence lead to Target Prices upgrade by Analysts and Fund Managers. The Inari stock prices should be supported well by analysts call on Globetronics with higher TP. Globetronics is always a good peer value benchmark for Inari in terms of financial parameters and earning abilities. Buy now before the dates get closer to month end.

http://www.theedgemalaysia.com/business-news/301768-14-msian-companies-named-forbes-asias-best-200-under-a-billion.html

George Kent Berhad is selected as Forbes Best Under One Billion Company
It is under reseach and shall be under fund managers radar screen soon.
Exciting times ahead. It be will one of the Top Performing Stock for 2014 and 2015.

http://www.theedgemalaysia.com/business-news/301768-14-msian-companies-named-forbes-asias-best-200-under-a-billion.html