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2021-09-25 21:49 | Report Abuse
September 21, 2021
5:14 PM +07
Last Updated 5 days ago
Energy
Solar industry demand raises temperature in silicon market
https://www.reuters.com/business/energy/solar-industry-demand-raises-temperature-silicon-market-2021-09-21/
2021-09-25 11:10 | Report Abuse
I didn't see any update of Minutes of 19th Annual General Meeting 2021 on PMBTECH's website.
Who have this AGM minutes ?
2021-09-24 22:39 | Report Abuse
PMBT is banking on Silicon as an essential material for our future economy.
Silicon is the basic material for solar industry.
Tesla intends to replace cobalt with silicon for its batteries.
China alters global silicon supply demand balance as it pivots on environmental friendly policies.
These factors drove silicon price to a fresh 3-year high.
Majority own and manage by the Koon family, PMBT and PM are of the same playbook. More importantly when PM started off with less resources and market recognition in the past, today’s PMBT – leverage on experience acquired and the market respect from PM – earning will ramp up swifter.
Silicon metal is an important element added to various grades of aluminum alloys used in performance applications such as automotive components and aerospace products.
Silicon metal also is a critical raw material in the production of silicone compounds used in numerous products including sealants, adhesives, rubber gaskets, caulking compounds, lubricants, food additives, coatings, polishes, and cosmetics, among others.
In addition, silicon metal is the base material in the production of polysilicon, a purified form of silicon used in solar cells and semi-conductors.
In summary, Silicon demand will be driven by solar and electronics in many years to come, whilst supported by its widely adopted application in various industries currently.
Growth factors
Management and efficient Hydro power supply
The competitive advantage of the PMBT series of companies lies in its lean production cost. On top of the very capable management strength, the ultra-competitive position is because of its power procurement contract with Sarawak Energy i.e. Bakun Hydropower.
Silicon production requires substantial amount of power. Energy cost as a single cost component weights more than 40% of the total production cost. The availability of an efficient energy sources alone determines the survival rate of the business.
By securing the ultra-competitive Bakun hydropower supply contract – which is one of the lowest in the world, PMBT will emerge as one of the lowest cost producer in the world.
https://klse.i3investor.com/blogs/tapdance/2020-12-07-story-h153744681...
2021-09-24 14:30 | Report Abuse
BlessedInvestor right it take long term to fix ... mari mari >RM20.00
2021-09-24 00:27 | Report Abuse
Powerplay666 @ next QR & onwards should be very good.
2021-09-23 13:57 | Report Abuse
pang 72@
John88820202021 @
Vaccineyes @
other @
we can create whatsApp group ????
2021-09-23 08:54 | Report Abuse
Pentamaster could rise further, says RHB Retail Research
theedgemarkets.com
September 23, 2021 07:28 am +08
KUALA LUMPUR (Sept 23): RHB Retail Research said Pentamaster Corporation Bhd could rise further after it moved past the immediate resistance of RM5.35 on high volume, thereby printing a “higher high” bullish pattern.
In a trading stocks note today, the research house said if the stock stays above that level, the buying momentum may propel it towards the RM5.94 recent high, before hitting the multi-month high of RM6.18.
“Meanwhile, the stock may move downwards if it falls below the RM5.18 support – below the 21-day SMA line,” it said.
2021-09-22 20:34 | Report Abuse
wait split 1st then hold for another few years and see
2021-09-22 18:54 | Report Abuse
cherry88@next immediate TP should >be RM2.00-2.50
2021-09-22 18:51 | Report Abuse
Powerplay666 right....18,20 mari mari
2021-09-22 16:10 | Report Abuse
Not bad at least can stand at 11++
2021-09-22 12:01 | Report Abuse
i hold both. Silicon metals serious shortages
2021-09-22 10:37 | Report Abuse
MOU btw PERBADANAN PEMBANGUNAN EKONOMI SARAWAK soon....for new type of silicon metals
MEMORANDUM OF UNDERSTANDING PMB TECHNOLOGY BERHAD ("PMBT" OR "THE COMPANY") STATUS UPDATE ON MEMORANDUM OF UNDERSTANDING BETWEEN PMBT AND PERBADANAN PEMBANGUNAN EKONOMI SARAWAK
2021-09-22 08:45 | Report Abuse
***** There has been a recent surge in metallic silicon prices (as well as for raw materials in
general), due to worldwide market forces, which augurs well for the Group *****
2021-09-22 08:40 | Report Abuse
Excellent answer from management.- Steady
This announcement is dated 21 September 2021
PMB TECHNOLOGY BERHAD (“PMBT” OR “THE COMPANY”)
Reference is made to the letter dated 21 September 2021 received from Bursa Malaysia Securities
Berhad (“Bursa Securities”) querying on the unusual market activity of the Company in relation to the sharp rise in price and trading volume of the Company’s shares recently (“trading activity”).
After having made due enquiry with the Board of Directors (“Board”), major shareholders of the
Company and such other relevant persons, the Company wishes to inform and confirm the following:-
1. Whether there is any corporate development relating to your Group’s business and affairs that
has not been previously announced that may account for the trading activity including those in
the stage of negotiation/discussion. If yes, kindly provide the details including status of the
corporate development to enable investors to make informed investment decisions; As at the date of the announcement and to the best of the Board’s knowledge and belief, thereare no corporate developments relating to the Group’s business and affairs that have not been previously announced that may account for this trading activity.
2. Whether there is any rumour or report concerning the business and affairs of the Group that may
account for the trading activity and in this respect, you are required to comply with Paragraphs
9.09 and 9.10 of Bursa Securities LR; To the best of the Board’s knowledge and belief, the Board is not aware of any rumour or report concerning the business and affairs of the Group that may account for this trading activity.
3. Whether you are aware of any other possible explanation to account for the trading activity; and
a. There has been a recent surge in metallic silicon prices (as well as for raw materials in
general), due to worldwide market forces, which augurs well for the Group; and
b. The Board continues to engage with Syarikat Sesco Berhad (SESCO) from time to time and
at any time to explore opportunities for additional power supply from SESCO which will
enable the Group to expand the production of its metallic silicon plant situated in Bintulu,
Sarawak.
Save as disclosed above, the Board is not aware of any other possible explanation to account
for this trading activity.
4. Whether you are in compliance with the Bursa Securities LR, in particular Paragraph 9.03 of the
Bursa securities LR on immediate disclosure obligations.
The Board wishes to confirm that the Group is in compliance with the Bursa Securities LR, and
in particular Paragraph 9.03 of the Bursa Securities LR on immediate disclosure obligations.
2021-09-22 08:39 | Report Abuse
Excellent answer from management.- Steady
This announcement is dated 21 September 2021
PMB TECHNOLOGY BERHAD (“PMBT” OR “THE COMPANY”)
Reference is made to the letter dated 21 September 2021 received from Bursa Malaysia Securities
Berhad (“Bursa Securities”) querying on the unusual market activity of the Company in relation to the sharp rise in price and trading volume of the Company’s shares recently (“trading activity”).
After having made due enquiry with the Board of Directors (“Board”), major shareholders of the
Company and such other relevant persons, the Company wishes to inform and confirm the following:-
1. Whether there is any corporate development relating to your Group’s business and affairs that
has not been previously announced that may account for the trading activity including those in
the stage of negotiation/discussion. If yes, kindly provide the details including status of the
corporate development to enable investors to make informed investment decisions; As at the date of the announcement and to the best of the Board’s knowledge and belief, thereare no corporate developments relating to the Group’s business and affairs that have not been previously announced that may account for this trading activity.
2. Whether there is any rumour or report concerning the business and affairs of the Group that may
account for the trading activity and in this respect, you are required to comply with Paragraphs
9.09 and 9.10 of Bursa Securities LR; To the best of the Board’s knowledge and belief, the Board is not aware of any rumour or report concerning the business and affairs of the Group that may account for this trading activity.
3. Whether you are aware of any other possible explanation to account for the trading activity; and
a. There has been a recent surge in metallic silicon prices (as well as for raw materials in
general), due to worldwide market forces, which augurs well for the Group; and
b. The Board continues to engage with Syarikat Sesco Berhad (SESCO) from time to time and
at any time to explore opportunities for additional power supply from SESCO which will
enable the Group to expand the production of its metallic silicon plant situated in Bintulu,
Sarawak.
Save as disclosed above, the Board is not aware of any other possible explanation to account
for this trading activity.
4. Whether you are in compliance with the Bursa Securities LR, in particular Paragraph 9.03 of the
Bursa securities LR on immediate disclosure obligations.
The Board wishes to confirm that the Group is in compliance with the Bursa Securities LR, and
in particular Paragraph 9.03 of the Bursa Securities LR on immediate disclosure obligations.
2021-09-22 08:34 | Report Abuse
John88820202021 @Yup, silicon Metals shortages.
Foregin Funds buying recently. PMBTECH is reliable source.
20 is coming...
2021-09-21 22:26 | Report Abuse
GG, better advise fb live Dr Dr la.... hahaha
2021-09-21 22:23 | Report Abuse
GG, better advise fb live Dr Dr la.... hahaha
2021-09-21 22:19 | Report Abuse
we are waiting the split & then one more round of big fly again within 1 to 2 years
2021-09-21 21:40 | Report Abuse
@pang 72 Foregin Fund sapu buying recently
2021-09-21 17:02 | Report Abuse
they thought is ALU haha. Better go to study before comments pls
2021-09-21 15:39 | Report Abuse
Thks1956 @ u need to study :what is the silicon metals...
2021-09-21 00:34 | Report Abuse
Please get FB Live sifu advice again hahahahaha
2021-09-21 00:34 | Report Abuse
Please get FB Live sifu advice again hahahahaha
Stock: [PMBTECH]: PMB TECHNOLOGY BHD
2021-09-25 21:53 | Report Abuse
http://www.asianmetal.com/SiliconPrice/Silicon.html