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18 comment(s). Last comment by Powerplay666 2021-08-11 07:56

VenFx

14,944 posts

Posted by VenFx > 2021-04-11 21:27 | Report Abuse

Not exactly the same class
Uncle wisdom doesn't seem to be confused over their biz segment yaa.

Instead of recently surge of LBA , I'll go all out for Arank.
No joke.

Wish Dato KYY healthy always.
I do enjoy your uniquely view in your pass articles .

Thank you.

Sslee

10,112 posts

Posted by Sslee > 2021-04-11 22:24 | Report Abuse

Aluminium extraction:
Aluminium ore is called bauxite . The bauxite is purified to produce aluminium oxide, a white powder from which aluminium can be extracted. The extraction is done by electrolysis

Billet casting:
To produce these aluminum billets, the process is: melting → casting → billet sawing → aluminum billet

Extrusion:
Aluminum extrusion is a process by which aluminum alloy material is forced through a die with a specific cross-sectional profile. A powerful ram pushes the aluminum through the die and it emerges from the die opening. When it does, it comes out in the same shape as the die,
this process is able to create an unlimited number of complex shapes

Fabrication.
After extrusion fabrication are used to creat aluminium frames.

Press metal
Fully Integrated Operation
From upstream smelting activities to downstream extruding operations, Press Metal is a fully integrated producer of aluminium products. With three smelting plants in Malaysia alone, we have an annual capacity of 760,000 tonnes of primary aluminium production. Our PMB-branded aluminium ingots produced by our Samalaju smelter are listed on the London Metal Exchange as a high-grade primary aluminium product.

Only Pressmetal will benefit from high price of aluminium because only Pmetal have upstream smelting/aluminum extraction activities with cheap electrical cost (hydro power) for electrolysis.

LB need to buy the aluminium ingots to do aluminium extrusion and fribrication

Sslee

10,112 posts

Posted by Sslee > 2021-04-11 22:45 | Report Abuse

LB last quarter profit of 14.951 million 4.498 million is from share of profit from associate company (Property Developer)

skyz

1,650 posts

Posted by skyz > 2021-04-12 09:16 | Report Abuse

2nd article is up! Still chasing? later cry also no tears after KYY dump his final portion after selling silently

k3nthiew

459 posts

Posted by k3nthiew > 2021-04-12 10:53 | Report Abuse

Comparing Apple and Orange?? Pmetal is upstream while LB is downstream, Pmetal is indirect supplier to LB in fact. When upstream do well, downstream will be loser in fact.

Posted by pekanwoohoo > 2021-04-12 11:47 | Report Abuse

Time to sell when KYY promoting

Bursawise

105 posts

Posted by Bursawise > 2021-04-12 11:53 | Report Abuse

hahahahaha…..

Posted by Airline Bobby > 2021-04-12 18:58 | Report Abuse

HAHHA buaya gonna in LB . everyone sell high high !!!

Zuliana

4,688 posts

Posted by Zuliana > 2021-04-12 23:57 | Report Abuse

OMG.

dusti

2,404 posts

Posted by dusti > 2021-04-13 11:02 | Report Abuse

GAME OVER FOR LB ALUM. GO HUNT ELSEWHERE

WY Chan

1,383 posts

Posted by WY Chan > 2021-04-13 13:16 | Report Abuse

unethical old man....

wikioon

194 posts

Posted by wikioon > 2021-04-13 16:57 | Report Abuse

KYY dont understand the aluminium industry. its very obvious that BIGGEST benefactor is Press Metal because they are in the upstream smelting industry that sells Aluminium as a raw material. Any price increase in LME aluminium is an additional topline benefit to PM.

LBALum and Alcom are just SMALLER extrusion players. Their costing is the aluminium raw material that they buy and extrude into aluminium products. That means their cost is also increasing - their profit and loss depends on the margin they charge on top of their cost. Of course increased demand = increased volume = increased profit (but ALL this are CAPPED).

Zuliana

4,688 posts

Posted by Zuliana > 2021-04-13 18:46 | Report Abuse

OMG!
Another underrated stock.
U know & I know lah.
Hahaha

MadMax

16 posts

Posted by MadMax > 2021-05-17 14:02 | Report Abuse

MAKAN TIDUR MAKAN TIDUR. LU PEGI KERJA DEKAT LADANG KELAPA SAWIT LAGI BAGUS.

Posted by charliecharlie > 2021-05-20 09:08 | Report Abuse

another chance for this old man to unload?

Powerplay666

1,023 posts

Posted by Powerplay666 > 2021-09-22 20:41 | Report Abuse

Kyy is proved wrong again. Pmbtech power...

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