stay holding it..

Latitude can do that .. Why not pmetal..

Do not know whether can break 7.00 to 14.00 ? This is my view point. Do not laugh and mock me..

All eggs in one basket please..

Global smelting plants will startup their plant when aluminium price is at 1650 but this is too late.. Money in pmetal's pocket already. Thus you will see exponential increment of net profit.

Hopefully no power blackout again.. This thing no guarantee one..

All his executives minimum 3 months bonus in next year..

One year only running, paul koon paid all his debts.. Only split can cause it drop again.

Next one you will see above 54% ... now a bit disappointing... similar to previous quarter as predicted. Full running complete on august. another report will be increasing... until you see above 5000%.. Eyes ball drop................shocking

It will be out these couple days. Did you see previous quarter report when the aluminum price was in 1400 ? Now this report also similar but the aluminum price is up. When the report is out, people will be frustrated and sell, you buy in OK. Next one will be extraordinary because the aluminum price is above 1600 but can you still get it at lelong price now. Above 1600 is really make a different. LOL.

Aluminium price is up due to china plants and global cease operation. However people still need aluminium. Thus pmetal is not effected by KLSE trend. Not all the cases is applicable but what I mention is now only.

Beginning of sumitomo volume.. still more to come..

Aluminium price reaching 1574. Easy to reach 1600 this month end. Next month 1700. Not yet reach year end as predicted.

U sell all your portions and see anybody collect it. Lol..

Maybe will shoot up to 2200 to this year end. Paul Koon suddenly will have a jackpot in this year end.

Aluminium price has a breakout on 1534. Next week will be 1600. Next month will be 1700. Easy to reach 1800 this year end. Now is running on 3 plants. You count what is the profit if it is on 1800. China has a trouble now on their economy and their smelting plants should slowly start up above 1650. Before they fully startup, all the moneys are in pmetal's pocket already.

Sumitomo... lol..

You can put all eggs in one basket

Arank also time to buy in but i do not know the background of this company. Buy this pmetal more.

Aluminium price cannot be lower anymore for these past couple weeks. It can only go up to 1800 to this year end.

Buy now. Sumitomo already join venture in phase 3.

Conclusion is crude oil not easy to bounce back. Remain in 20 range.

First, let’s look at the U.S., the simplest and most transparent of the “Pick 6” issues bandied about as a price driver. Certainly the unconventional revolution has been a huge factor in global production increases over the last 6 years. The item NOT generally recognized is that production typically lags drilling by some 5 months, thus the drilling in December 2014 is discernible in production records in April 2015. That analysts were alarmed at increasing production and supply during the 1st half of the year suggested that they did not understand this dynamic, nor did the business press. We predicted in April that monthly production would peak in May and then jump around between -100 mbpd and -350 mbpd for the rest of the year. When looking at additional production month over month, it is important to remember that it is building on a sloping foundation of natural decline.

For instance, in 2014, as the U.S. added some million barrels of daily production, it had to produce 2.2 million new barrels of production to do so. The slope of that foundation required 1.2 million new barrels to just flatten it out. First year production in the U.S. has had a blended annual decline that has increased from 41 percent in for 2010 era wells to 47 percent for 2013 era wells. Therefore, 2014 era wells were likely to have declined 49 percent and 2015 by 51 percent in their first year. Second year declines show less of a pattern, ranging from 10-20 percent decline from the end of the prior year. In other words, we will see real production declines in 2016 as the full impact of 2015 drilling reductions are cycled through. Depending on the variability of the second year declines, this could range from -400 mbpd to well over -1MM bpd. So, the U.S. isn’t going to be the bringer of oil glut news going forward. In fact, the U.S. oil patch has severely damaged its capacity to rebound from an oil field services point of view, with companies foregoing normal maintenance to just survive. This deferred maintenance will have permanent consequences. Score: NOT a driver.

Saudi Arabia’s Ability To Grow Production

Whereas Saudi’s rig count is up, so is its production. They are producing record amounts and most analysts believe that there is little if any behind valve production. SCORE: NOT a driver

Iran’s Latent Ability To Produce More Oil

When sanctions hit Iran, they immediately dropped 600 mbpd from their official production levels. That they report the same production to the barrel since cause their official number to be quite suspect. Iran has not been investing in their infrastructure and they require outside dollars to reinvest in existing production, ranging from $30 billion to $500 billion over the next 5 years, depending on the source to maintain what they have. $30 oil is not an environment amenable to outside tender offers. Some claim that there will be no net new production in the near term, that Iran will merely start to recognize the production of oil it has sold in the black market. In any case, 500 mbpd ‘new’ production are baked in as of last week. SCORE: NOT a driver

Chinese Economic Slowdown And Its Impact On Consumption

As the year has progressed, the Chinese economy exhibits signs of extreme duress, suggesting that demand growth could weaken materially. Imports of metals and building materials are down substantively. Oil is not. China continues to import crude oil at increasing rates, most likely taking advantage of the low price environment to strengthen strategic reserves. China’s growing “guns vs butter” investment shift isn’t likely a bearish sign for crude oil, either. The IEA and EIA’s production growth estimates both suggest that the market isn’t going to elastically respond to lower crude prices, in essence saying that lower price will not drive higher consumption for the first time ever and despite the surprise increase in consumption in 2015 SCORE: NOT a driver.

Russia’s Ability To Add Global Production

Russia found itself in a fun position in 2015 as economic sanctions hammered the ruble down 50%. Essentially, Russia had a half price drilling environment and was effectively hedged by its cratering currency because it pays for new wells in rubles and sells its crude in dollars. This advantage doesn’t exist at commodity prices this low. Russia isn’t likely to spend a buck to get back 20 cents in the first year. SCORE: NOT a driver.

OPEC’s Inscrutable Strategy

Forget all the rest of the “Pick 6”. If anyone assumed OPEC wasn’t in charge of global oil prices, they were dead wrong. And by OPEC, let’s be honest and say Saudi Arabia. Only Russia, Saudi Arabia, and the U.S. technically have the production base to unilaterally affect the price of crude without completely undermining their net production rates, and the U.S. regulatory environment is focused on efficiency and safety and not price, because, alone of these three, the U.S. until recently was thought to be a net beneficiary of low priced crude oil

Main factor for crude oil price

1. US production rates,

2. Saudi Arabia’s ability to grow production,

3. Iran’s latent ability to produce more oil,

4. Chinese economic slowdown and its impact on consumption,

5. Russia’s ability to add global production, and

6. OPEC’s inscrutable strategy.

12345 until the top and 12345 down until to the bottom.

In the long run for all the things, aluminium price will be going down and becomes flat as same like normal distribution chart. Same with gold, s&p500, KLSE and the rest. KNM has a obvious pattern it becomes flat already..

http://www.doomsteaddiner.net/forum/index.php?topic=1943.0

Power generator ??? It needs the power from bakun dam to operator. No worry. 1 hour shutdown only would not effect too much. What I worry is the impact of aluminum price to its profit. 1200 will encounter huge losses already. How soon will it rebounce from 1200 is unknown. Crude oil still able to reach 20.00 and when it reaches 20.00, how soon it will rebounce back ? Nowadays not the same as before.

Do not think it is a gold mine. Even gold is worthless investment now. Out of expectation. I still want to see the quarter report and the impact of current aluminium price to its profit. If this coming quarter is loss. Then next quarter report even worst because the price is running below 1500. 1500 is still profitable to pmetal with two plants only. Now added in with 3rd plant same as 2nd plant capacity. Expenses increase and profit is low due aluminium price.

See this coming quarter report before buy

Aluminium price will reach 1200. If reaching 1200 pmetal has a loss and the price is below 1.00. Big japan investor would not invested in. Think twice before buy. I prefer to wait for news. Hard to rebounce back if global economy still in downtrend.

Pmetal next quarter report still the same. Same profit or less due to phase 3 expenses. Sales drops tremendous and expenses increase in the same time. Wrong timing. Not same as phase 2 timing. Still can drop further.

Oversupply. Although china cut supply, still need to clear their storages. Still need few more months to observe. China producers should have a storage of one year supply due to pot startup around one year. Supply over demand. Not healthy. Aluminium price still can reach 1350.

Aluminium price will reach 1200. Cannot buy. Global market is collapsing. Pmetal aint making extra money as you can see in quarter report. They could only maintain their operation. Still can drop further.

Sell. Aluminium price wants to break 1400 level.

Banker has huge portion not yet clear. So this type of news is coming out. Watchout.

News cannot be trusted. Trap only. Most accurate is look on chart.

Euro also rate hike next year. Ahead not very nice.

As we noted above, August industrial production data surprised on the upside with a 1.0% m-o-m leap. However, over the past month there have been several signs that the UK economy lost momentum in Q3. Additionally, CPI inflation dropped back to flat y-o-y. Layered on top are concerns about slower growth in China and many emerging markets.”

“Against this backdrop the money market has pushed out its expectations of the first BoE rate hike to late 2016/early 2017. Today’s policy meeting is likely to bring an 8:1 vote in favour of steady policy, with McCafferty set to remain the sole hawk again this month.”

Crude oil 48.7 should move up but now 48.01. Not strong.

When the opec supply drop due to syria, yesterday us shale oil took advantage increase oil production. Over supply now. Thus it is abc. Now is end of c. At this condition knm is worth at 0.36.

ONE DAY only shoot 0.555 is not normal from 0.485.

1990 S&P500 the top. hard also to break 2000. Rate hike still not confirm not executed this month. Next week is rate hike. I buy FBMKLCI-HZ.

KLSE 1700 is huge resistance to break. 0.55 tp is good enough. Cannot hope to go 1.00 impossible.

S&p 1981.. klse 1661.. i think this is the highest can achieved. Fed keep on changing. I rather stay out from stock market and trade cfd. Yellen is really chicken make people confuse. I like bernarke more straight forward. If i am yellen i will divided the rate into few installments. Haha..

One news like this indeed causes a fear. Us people most afraid of rate hike.

Fed keep changing. 8% on october 17. Thus why drop. Expected in wave count. Luckily i short s&p and took pmetal profit.

He cites that a slowdown in output and employment may justify rates low for longer. Fed officials including Chair Janet Yellen and voter William Dudley still retain they expect to raise rates in 2015, although markets are now pricing chances of an October hike at 8%, while former PIMCO chief Mohamed El-Erian yesterday called December a 50/50 bet.”

“Kansas City Fed President Esther George and San Francisco Fed President John Williams are due to speak later today.”

I short S&P. :)

Stoploss 0.47

0.55 now is like that ..must see the pattern and adjusted to trend

I close pmetal. Handsome profit.