Posted by Mr.Sm Invest123 > 2021-09-17 19:56 | Report Abuse

up up up up RM10 10 10 10.

Posted by Mr.Sm Invest123 > 2021-09-18 00:18 | Report Abuse

Tight supplies, firmer costs to support Chinese silicon
Published date: 04 August 2021

Share:
Chinese silicon metal prices are expected by market participants to move higher in the coming week because of tighter metal availability and higher production costs.

Argus last assessed spot prices for 5-5-3 grade metal at a four-year high of 14,500-14,700 yuan/t ($2,244-2,275/t) delivered to ports yesterday, up by Yn700/t from 29 July in response to tighter supplies caused by power rationing measures in major production hubs and a rise in buying interest from aluminium alloy producers and trading companies.

Power rationing measures may continue to pressure operating rates in the main production hubs of Yunnan, Sichuan, Chongqing, Inner Mongolia and Hunan provinces in the coming month. China produced 1.36mn t of silicon metal during January-July this year, up by 25.35pc from a year earlier on a recovery in demand with the easing of the Covid-19 pandemic, according to data issued by the China Nonferrous Metals Industry Association.

An Inner Mongolia-based producer, with a 750 t/month capacity for 5-5-3 grade metal, failed to restart production in July because of more rigorous electricity supply curbs, following a five-month suspension caused by energy consumption control measures.

A Hunan-based smelter, with a 750 t/month capacity for 4-4-0-2 and 3-3-0-3 grade metal, had a difficult time maintaining normal production in the past week because of power rationing measures, as it was able to only operate at night with half a day's electricity supplies. Several local producers may suspend output if the power rationing measures continue in the coming week.

Tighter electricity supplies caused by a sustained shortage of rainfall have triggered power rationing measures in Sichuan, Yunnan and Chongqing.

Most Xinjiang-based metal producers resumed output in July after suspending operations in late June following safety inspections. But higher buying interest from consumers have aggravated supply shortages all over the country, coupled with higher petroleum coke, clean coal and silica feedstock prices, bolstering prices for the metal over the past week.

A Xinjiang-based producer, with a 70,000 t/month capacity for 5-5-3 and 4-4-1 grade metal, stopped quoting prices last week because of little to no inventories. It raised offer prices sharply yesterday in anticipation of even tighter short-term availability.

An escalating Covid-19 outbreak in China may also influence deliveries of silicon metal and its feedstocks in the short term.

Posted by PureBULL ... > 2021-09-18 03:55 | Report Abuse

Posted by PureBULL ... > Sep 18, 2021 3:50 AM | Report Abuse X

this was old news flow on SILICON dated Aug 4th 2021.
PMBTECH with endless supply of green energy of Bakun Hydro has the certainty to grow n grow at high speed success,,,

this multi bagger stock is now on full capacity of factory 2 n soon expanding to have 10 perhaps.

https://www.argusmedia.com/en/news/2240942-tight-supplies-firmer-costs-to-support-chinese-silicon

NB: China produced 1.36mn t of silicon metal during January-July this year,
up by 25.35pc from a year earlier on a recovery in demand with the easing of the Covid-19 pandemic, according to data issued by the China Nonferrous Metals Industry Association.

Posted by pete tf > 2021-09-20 09:41 | Report Abuse

Wow! Bonus, bonus. Jerk up price first kaw kaw. Similar to pm case.

Posted by ipohwhitecoffee > 2021-09-20 10:00 | Report Abuse

very bullish. Let's corner this stock together

Posted by pete tf > 2021-09-20 10:31 | Report Abuse

10÷2=5.00 soon. Similar to pm.

Posted by Mr.Sm Invest123 > 2021-09-20 10:37 | Report Abuse

Congrats buddies... I heard may have a split into 3... wait for good news.

Silicon metal is very ""unique"" need produced by smelting quartz and coke in an electric heating furnace. Only PMBTECH allow to produce in Sarawak Malaysia & get fully support by Perbadanan Pembangunan Ekonomi Sarawak.

Not like the gloves everyone can produce now & OVER SUPPLY..........

Posted by worktoinvest > 2021-09-20 10:53 | Report Abuse

Yes that’s what I heard 1:3
It’s still a good buy now as I’m expecting it to cross RM12-RM13 easily

Posted by worktoinvest > 2021-09-20 10:54 | Report Abuse

Another great gem after genetec, sam, hightec and widetec.. collect now if have extra funds and wait for it to reap

Posted by Mr.Sm Invest123 > 2021-09-20 11:03 | Report Abuse

hope better than the other haha

Posted by pete tf > 2021-09-20 11:07 | Report Abuse

Lots of teka-teki now !

Posted by Endgame > 2021-09-20 11:36 | Report Abuse

All in.....

Posted by pete tf > 2021-09-20 15:06 | Report Abuse

Too high to chase! More risky too.

Posted by worktoinvest > 2021-09-20 16:13 | Report Abuse

Rebound higher !

Posted by ipohwhitecoffee > 2021-09-20 16:25 | Report Abuse

Doesn't matter if today can LU or not, for sure 15.00 is no horse run by end of 2021.

Posted by Mr.Sm Invest123 > 2021-09-20 17:55 | Report Abuse

theedgemarkets.com

September 20, 2021 14:38 pm +08


PMB Tech surges to all-time high of RM9.45

KUALA LUMPUR (Sept 20): Shares of PMB Technology Bhd leapt more than 21% to an all-time high of RM9.45 today amid active trade in today’s morning session on Bursa Malaysia.

The stock, which was second on Bursa’s top gainers list today, peaked at an intraday high of RM9.45 before settling for the noon break at RM9. It closed at RM7.44 last Friday (Sept 17). Over the past one year, the stock has rallied 250.19% from RM2.57.

According to its official website, PMB Technology is principally an investment holding company, with the group complementing the activities of its corporate shareholder Press Metal Aluminium Holdings Bhd, which is the largest aluminium smelter in Southeast Asia and the largest aluminium extruder in Malaysia.

To recap, Press Metal also saw its stock rise to its highest on Sept 8 to an all-time high of RM5.97. It was reported earlier that aluminium price climbed to its highest in more than a decade on the back of concerns over raw material supply amid a coup in Guinea — a major supplier of bauxite.


Last month, PMB Technology saw its net profit soar more than eight times to RM11.58 million in the second quarter ended June 30, 2021 (2QFY21) from RM1.37 million a year ago, aided by improved contributions by its manufacturing and trading, and construction and fabrication segments. Revenue for the quarter also more than doubled to RM178.25 million year-on-year from RM84.87 million.

The stellar results lifted PMB Technology's cumulative net profit for the six-month period ended June 30, 2021 (1HFY21) by 396.35% to RM18.21 million from RM3.67 million in 1HFY20. Cumulative revenue also increased by 30.55% to RM340.08 million for 1HFY21 compared with RM260.49 million a year earlier.

Meanwhile, prices for semiconductor chips are expected to rise across the spectrum given that the global chip shortage is likely to last until sometime late next year.

According to Moody's Analytics, it said the trend towards remote work that accelerated due to Covid-19 movement restrictions has given rise to heightened demand for semiconductor chips.

"Given the capital-intensive nature of their production process, supply has not been able to keep pace with the increase in demand," it said in a note today.

It noted that the world’s largest chipmaker Taiwan Semiconductor Manufacturing Co has been raising prices across the spectrum, some by as much as 20%, while three Chinese chipmakers have been fined by the Chinese government for abnormally high price increases.

"Chip prices have already risen, and they are likely to rise even further.

"What are some downstream effects from these price and quantity dynamics? Car prices have risen significantly, with average unit sales US$8,200 higher than two years ago, and we can expect more of the same," it added.

Posted by Airline Bobby > 2021-09-20 19:05 | Report Abuse

Ohhh it begins ! Once many so called "SIFU" commenting. You know you bought CHEAPPPPPPPPPPPPP xD

Posted by Mr.Sm Invest123 > 2021-09-20 20:01 | Report Abuse

Airline Bobby YUP

Posted by guppycrow > 2021-09-20 20:35 | Report Abuse

Horizon global stock by swiching to warrant vice versa.

Posted by PROFIT2020 > 2021-09-21 10:01 | Report Abuse

Bole?

Posted by Mr.Sm Invest123 > 2021-09-21 10:55 | Report Abuse

pang72@ next 20 mari mari

Posted by Mr.Sm Invest123 > 2021-09-21 10:57 | Report Abuse

WA up to RM8.20

Posted by pete tf > 2021-09-21 11:06 | Report Abuse

Bonus most certainly!!!!!

Posted by Mr.Sm Invest123 > 2021-09-21 11:27 | Report Abuse

waiting good news

Posted by PROFIT2020 > 2021-09-21 11:34 | Report Abuse

LIMIT UP?

Posted by Mr.Sm Invest123 > 2021-09-21 11:46 | Report Abuse

we HOPE

Posted by mf > 2021-09-21 12:15 | Report Abuse

7172 PMBTECH, PMB TECHNOLOGY BHD - +
PMBTECH - Unusual Market Activity
21 Sep 2021, 10:44
PMBTECH - Unusual Market Activity
PMBTECH - Unusual Market Activity
ILC-21092021-00009
Bursa Malaysia Securities Berhad has on 21 September 2021 issued an UMA query
on the recent sharp rise in the price and volume of the abovementioned
security. In this respect, investors are advised to take note of the
Company?s reply to the above UMA query which will be posted at Bursa Malaysia?s
website under the company
announcements,http://www.bursamalaysia.com/market/listed-companies/company-annou' target='_blank'>http://www.bursamalaysia.com/market/listed-companies/company-annou
ncements/ when making their investment decision. The contents of the UMA
query is as follows:- We draw your attention to the sharp rise in price and
volume of your Company?s shares recently (?trading activity?). In light of
the above and in order for investors to be able to make informed investment
decisions, you are requested to respond, after making due enquiry with your
directors, major shareholders and such other relevant persons, to the following
queries immediately for public release in accordance with Paragraph 9.11 of the
Main Market Listing Requirements ("LR"): 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; 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; 3. Whether you are aware
of any other possible explanation to account for the trading activity; and
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.
Please note that the contents of the announcement must be endorsed by the Board
of Directors of the Company and the announcement must reach Bursa Securities
immediately via Bursa LINK.
Senior Vice President
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
N202109215100018EN

Posted by Mr.Sm Invest123 > 2021-09-21 13:19 | Report Abuse

pang72@hold tight pls

Posted by PROFIT2020 > 2021-09-21 13:31 | Report Abuse

Orait

Posted by Thks1956 > 2021-09-21 13:58 | Report Abuse

Pmb is not a tech company, but Aluminium price are forecasted to go up till 2022 Q3. You may refer IHS markit report

Posted by Mr.Sm Invest123 > 2021-09-21 15:39 | Report Abuse

Thks1956 @ u need to study :what is the silicon metals...

Posted by Mr.Sm Invest123 > 2021-09-21 15:39 | Report Abuse

pang72 wow

Posted by NatsukoMishima > 2021-09-21 16:26 | Report Abuse

PMBTECH = SAM + GENETEC 2.0 !

Posted by Mr.Sm Invest123 > 2021-09-21 16:41 | Report Abuse

hope too

Posted by Mr.Sm Invest123 > 2021-09-21 17:02 | Report Abuse

they thought is ALU haha. Better go to study before comments pls

Posted by Mabel > 2021-09-21 18:05 | Report Abuse

Wow...this is amazing...

Another Greatech ka?

Meow

Posted by Airline Bobby > 2021-09-21 19:37 | Report Abuse

If Pmetal management can bring them to 36 bil market cap .... PMBtech with 2bil ... how far can it go ? 30b so if i buy in now will be 15x 1 day ? I ll take it!!!

Posted by ipohwhitecoffee > 2021-09-21 20:33 | Report Abuse

As far as I'm concerned a lot tycoon just buy and keep. They not trade one.
So behave like tycoon. And you'll be one eventually. Buy, holding and keeping PMBTECH.

2 consecutive days of 25%++ yet volume only 2 mil; which is much lesser than 1.4% of issued capital.
Just a gentle reminder Koon family No.3 richest in Malaysia.

Posted by Mr.Sm Invest123 > 2021-09-21 20:41 | Report Abuse

hold tight

Posted by HuatAh8809 > 2021-09-21 21:22 | Report Abuse

Another one similar to PMB Tech is OMH, also doing silicon and metal..

So likely will limit up very soon

Posted by Mr.Sm Invest123 > 2021-09-21 21:40 | Report Abuse

@pang 72 Foregin Fund sapu buying recently

Posted by NatsukoMishima > 2021-09-21 21:40 | Report Abuse

OMH different !

Posted by Mr.Sm Invest123 > 2021-09-21 21:44 | Report Abuse

OMH hahahahahahahaha

Posted by NatsukoMishima > 2021-09-21 21:45 | Report Abuse

Nowsday people in bursa dont care about FA , most important NOSH is small n banker willing to open for bet , u fast u take money , u slow u will be trapped foever , simple story !

Posted by Ahahah > 2021-09-21 22:00 | Report Abuse

What is the expected TP? Any idea.

Posted by Mr.Sm Invest123 > 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

Posted by John88820202021 > 2021-09-22 00:21 | Report Abuse

16 18 20 coming...

Posted by John88820202021 > 2021-09-22 00:22 | Report Abuse

Excellent answer from management.

Posted by Mr.Sm Invest123 > 2021-09-22 08:34 | Report Abuse

John88820202021 @Yup, silicon Metals shortages.

Foregin Funds buying recently. PMBTECH is reliable source.

20 is coming...

Posted by Mr.Sm Invest123 > 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.