This stock is surely up to 2++. Contract extended is one of the positive factors. In addition, the possible forex gain on SKIN's foreign consultancy fees, software and hardware surely is an another huge saving.... I think, the saving is at least 8-10% which in ringgit term can be rm100 millions! Do anyone have any ideas on this?

Anyone has any news on the financing on SKIN or private placement, if any!

It appears to me that someone is pressing down the share price and waiting for an additional share issue to interested parties that are associated with SKIN!!!!

Wow! It is a very solid Q3 announcement. The initial recognition from SKIN revenue has bought in a very good revenue and profit margin. I am confident of this counter is on its way back to RM 2 to RM 3 range once its financing on SKIN is announced! Current low price (due to delisted from MSCI index) offers a rare opportunity to make abnormal profit for "certain" investors!!!!!!!!!!!!

Bunuhsateman, where r u? R u going to the west and sayonara!

Frankly speaking, this counter will have mega profit reported on each quarter for the next 5- 7 years!

Absolutely amazing!!

Hng33. The show just started! Mega push up will follow soon! Why r u leaving so early! This counter can easily reach 2.5 to 3. Please be patience and your reward will come soon!

Anyhow good luck! Hope to see you back soon!

Down 1 sen also like this and keep saying journey to the west!! Like this how to play share la.

It is quite solid supported today! Another mega rebound is on the way now! Don't miss this opportunity! Hng33 has explained well that income recognition will be kicked in Year 2017! As long as the project financing is secured and cashflow is properly planned, nothing can stop this counter to move to 2.5 to 3 level!

Today is a result of minor contra force selling at closing la! It is at 2 years low! I am waiting for a mega rebound now!

Hope 1.72 is the bottom price! Wait for a big jump now!!

Hong 33: Why is it dropping so much today!

Hi Simon, it is an old story which was 3 months back! All figures were inaccurate as well! You may be sued by "him" for posting article contains accusation or inaccurate information! Better beware of the legal consequences!

FELDA is not FGV! Please don't confuse our readers here!

FGV is listed in Bursa Malaysia and regulated by Bursa's Listing Requirements and supervised by Securities Commission Malaysia. Whereas, FELDA is registered under the Land Development Ordinance of 1956 / Amendment 1991.

Since 2004, FELDA has been placed under the Prime Minister Office and the minister in charge of FELDA is our PM. So any decisions made or to be made in FELDA are directly under the purview of our PM - the Government.

Hope this helps! Don't be lopsided!

Patient, patient and patient!

The game just started only, should not rush to sell!

LONDON (June 8): Aluminium prices fell on Monday after data showed Chinese exports of the metal remained strong, highlighting worries about a glut of supply on the global market.

Copper was steady and some other metals were firmer after a bigger than expected slide in overall Chinese imports boosted hopes for more stimulus in the world's top metals consumer.

Three-month aluminium on the London Metal Exchange declined 0.5 percent to $1,741.50 a tonne by 1025 GMT after hitting a 14-month low of $1,726 on Friday.

Data on Monday showed Chinese exports of unwrought aluminium and products jumped 21 percent year-on-year to 410,000 tonnes, dipping only 5 percent from the previous month.

"The exports of aluminium and aluminium products were strong again in May, which was no huge surprise," said Nic Brown, head of commodities research at Natixis.

But the high exports in recent months, which have weighed on both LME prices and surcharges for physical material, may come to a halt in coming months, he added.

"All of a sudden there is no financial incentive for Chinese producers to send this material abroad. The local price is much better for them than the international price."

Copper dipped after data showed an expected drop in imports by China while a weak seasonal demand outlook kept prices of the metal near their lowest since late April.

LME copper shed 0.1 percent to $5,929 a tonne, not far above Friday's trough of $5,885, its weakest since April 23.

China's copper imports fell 16.3 percent in May from the previous month, hitting a three-month low and reversing a gain in April

"The drop in imports was within market expectations. It was already priced in," said Guo Hao, an analyst at Jinrui Futures in Shenzhen.

"Copper prices will remain in the downward trend due to lower imports, seasonally weak demand in June and a stronger dollar," Guo added.

U.S. investor sentiment was bearish. Hedge funds and money managers all but eradicated a bullish bet in Comex copper during the week ended June 2, U.S. Commodity Futures Trading Commission (CFTC) data showed on Friday.

Offering some support to prices, however, was data that showed a double-digit drop in overall Chinese imports, which will likely keep the pressure on Beijing for more stimulus to avert a sharper economic slowdown.

LME lead climbed 1 percent to $1,920 a tonne, while tin added 0.6 percent to $15,395.

Qwerty: other than on the chartist analysis, what is the main reason it move up. Any thoughts

Qwerty: What is the next resistant level? 3.25!!

Good time to accumulate Pmetal now!

As for the conversion of loan stocks to ordinary shares, If you read it positively, it means the owners of the company are expecting a better return from the ordinary shares than the loan stocks.

Qwerty: Any ideas on the next resistant level! Thanks.

hope it will run and go beyond RM3 by this Friday!

from the same cnbc's article:

Oil's slide to a fresh five-and-a-half year low is worrisome for several metals but isn't expected to hurt aluminum.

http://www.cnbc.com/id/102331611
Autos to drive this metal into a sweet spot

Aluminum is in a sweet spot this year as changes in the U.S. auto industry bring about a long-awaited equilibrium in supply and demand, traders say.
......
"The aluminum industry is embarking on its biggest boom in history as a unique combination of regulatory requirements and demand factors increase its adoption in the global automotive industry, amongst others," Australian broker Global Prime said in a report last month.

Selling volume is very thin now!

Clearing up those on contra...

RM3 level will be coming soon!!!

Sunztzhe: Please provide more comments on this forum here to guide us... Thank you!

I hope it will reach 2.6 then to 3 by next week! Oil price shall be stable at USD60! Let's pray for it!

Finally it was a Green day and with buyers more than sellers! It is still extremely fragile, however, hopefully, it is sustainable :)

I will be more than delighted if it is closed in GREEN today. Haven't seen a green closing for so long!!!

Starting from tomorrow will be a better day! I think.

Pmetal is still heavily beaten... can't see the end!

Today closing is more solid than any days since the selling off.....

big kaki is selling with big volume la..

Volume is thin, so we are still ok...

Systematic risk like what happens in Russia! Hope PMetal can hold well!

Agreed Joel.

It is a systematic risk to the whole Malaysian economy due to free fall in O&G! 30% and more of our national income is from this O&G. our Ringgit and GDP will surely be badly affected next year! I hope Pmetal will be doing well as it is export oriented and earning USD!

Today is the result of oil & gas...

joel: what is your short and long term TP?

I think ppl are collecting pmetal now before pushing it to a higher level to rm4

Thank Joel.

Qwerty. Thoughts for today.

U will see more Up trends ...

Qwerty - looks very solid now

qwerty: Thank you. You have always bought us positive energy on Pmental. Cheers!

it is sailing very nicely now

qwerty: TP RM8++ !!!

qwerty: how is the chart for pmetal?