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2014-10-10 17:24 | Report Abuse
sigh... i told people don't chase as it went up from $3 in Apr to $7+ in Aug, but instead of selling, i went in to buy more after it corrected to $6 :(.
Huge paper loss, will just hold on till bonus issue since i was told they are still on full swing for production and Al price is holding well
http://www.bloomberg.com/news/2014-10-08/aluminum-costs-seen-rising-more-even-after-lme-wins-case.html
2014-10-02 19:59 | Report Abuse
Market drop across the board, nothing to be concerned about and low vol transacted. DJ performance will provide the lead
2014-10-01 09:39 | Report Abuse
last week.... i bought 20k shares at 6.50, another 10k shares at 6.20, then another 10k shares at 5.70. already paid and will hold for bonus issue
2014-09-30 16:03 | Report Abuse
is about confident level of investors. with major share holders came out to give the assurance of the company fundamental performance and fund houses keep the price target, coupled with the bonus issue as an incentive, the price should hold well
2014-09-29 21:51 | Report Abuse
assuming u have 10k shares and price is $6 now, after XD, you will own 20k shares and share price should be at $3. this is in theory as the bonus issue news should have factored into the current price. however, price may still trend higher after XD
2014-09-29 21:35 | Report Abuse
bonus is not dividend, your number of shares will be double and price will be adjusted accordingly
2014-09-26 10:50 | Report Abuse
no good as it sold down with vol increased. i went in yesterday and today, now i m caught. didn't expect the correction to be so steep and syndicate play on a fundamental stock
2014-09-25 12:20 | Report Abuse
today vol is higher than the usual days... need to monitor closely. hopefully is not pumped and dumped. this coy has good fundamental, does not have to be overly worried unless something happen internally which we're unaware of
2014-09-12 13:56 | Report Abuse
Dont worry. I m still holding on to my 100k shares bought 5 yrs ago. I set my target at 6.50 after sold some earlier, however some reliable source told me that they couldn't produce enough to meet all demands for the last few months and some customers are paying premium to get what they want. I have revise up my target to above 8.00 now
Correction is normal.... especially for this one which has been running
2014-08-07 13:31 | Report Abuse
theoretically bonus issue dilutes the shares and the price should drop accordingly after X bonus
2014-08-04 17:14 | Report Abuse
my opinion is that those who have not invested should stay sideline, don't chase. I hold on this stock for may be 7 years now, saw many rounds of roller coaster. There are not a lot of shares floating in the market, this stock can easily be cornered up but just looking at the daily avg volume
2014-08-04 12:29 | Report Abuse
i starte selling my CA, LA few months ago, latest transactions was just 2 weeks ago, total of about 100 lots and that cost me > than MYR250k. i will hold on to my remaining 100 lots of mother share till it hit MYR6.50
Stock: [PMETAL]: PRESS METAL ALUMINIUM HOLDINGS BERHAD
2014-10-31 16:09 | Report Abuse
no doubt this is a fundamental stock, but is also a highly manupulated (controlled)
stock, that's why the big swing in price over the last few weeks without any big news (good or bad)