PRESS METAL ALUMINIUM HOLDINGS BERHAD

KLSE (MYR): PMETAL (8869)

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Last Price

4.80

Today's Change

-0.06 (1.23%)

Day's Change

4.73 - 4.89

Trading Volume

6,829,000


18 people like this.

15,900 comment(s). Last comment by Tenka226 2 days ago

ST

405 posts

Posted by ST > 2012-01-13 12:14 | Report Abuse

Any insight on this?? A sudden surge again...

ST

405 posts

Posted by ST > 2012-01-13 14:53 | Report Abuse

any updates on this???sudden surge again...

ST

405 posts

Posted by ST > 2012-01-16 12:03 | Report Abuse

Their smelting plant already ready...awaiting some inspection and production will boom.....higher production = higher profit

optimus

9 posts

Posted by optimus > 2012-03-28 19:36 | Report Abuse

sapu'',more-la''

foongee

5 posts

Posted by foongee > 2012-06-06 10:14 | Report Abuse

Is pmetal parvalue 0.50?

ST

405 posts

Posted by ST > 2012-12-13 17:04 | Report Abuse

if not mistaken, yes....today, there is a hike!!!

Posted by MartinJHLim > 2012-12-13 17:11 | Report Abuse

Regretted letting off @ 1.88. Not bad after all plus the dividends. Will return soon the price drops low.

kaparseng

73 posts

Posted by kaparseng > 2013-01-09 16:16 | Report Abuse

another smelting plant is start running. this year profit is double of last year

ST

405 posts

Posted by ST > 2013-01-09 16:32 | Report Abuse

yeah!!! that is long waited...we will see crazee hike on the price...hold tight for a good profits...

jkngo2003

31 posts

Posted by jkngo2003 > 2013-01-09 16:36 | Report Abuse

don hold, buy more. later may have good annoucement.

kaparseng

73 posts

Posted by kaparseng > 2013-01-09 16:48 | Report Abuse

new smelter capacity is triple from existing smelter, then profit is also triple???

chingco

14 posts

Posted by chingco > 2013-03-07 11:52 | Report Abuse

can anybody tell me, why PM no trading 2day?

ST

405 posts

Posted by ST > 2013-05-22 09:34 | Report Abuse

Slow and steady hike

ST

405 posts

Posted by ST > 2013-05-27 10:56 | Report Abuse

unbelievable!!!

Posted by mrkenjiro > 2013-05-27 11:41 | Report Abuse

hold or sell?

BC475654

605 posts

Posted by BC475654 > 2013-05-29 11:58 | Report Abuse

Up 10 sen.anticipating good quarterly result today or tomorrow.

ST

405 posts

Posted by ST > 2013-05-29 11:58 | Report Abuse

hold....the samalaju factory to be done soon....double the output and double the profit!!!

sasopi87

641 posts

Posted by sasopi87 > 2013-05-29 20:53 | Report Abuse

undervalued stock............

Posted by mrkenjiro > 2013-05-30 10:53 | Report Abuse

dropped...

ST

405 posts

Posted by ST > 2013-05-30 12:28 | Report Abuse

it is way below par....jus that the price being controlled....wait and wait.... :|

Posted by mrkenjiro > 2013-05-30 14:02 | Report Abuse

and par is 2.50?

Posted by jennylee1382 > 2013-06-05 19:27 | Report Abuse

can buy in at 2.52

sasopi87

641 posts

Posted by sasopi87 > 2013-06-05 19:55 | Report Abuse

smile..........................

BC475654

605 posts

Posted by BC475654 > 2013-06-05 20:49 | Report Abuse

Refer to today 2 Headlines.Immediate target 2.80.RHB TP 3.31.
Make your own judgement/decision.

BC475654

605 posts

Posted by BC475654 > 2013-06-06 16:12 | Report Abuse

Wao lau!!Sarawak tsunami.The white hair rule!

BC475654

605 posts

Posted by BC475654 > 2013-06-06 16:19 | Report Abuse

Upside + 20 cents to play b4 the next resistance at 2.79.
Good luck.Happy Trading.

ST

405 posts

Posted by ST > 2013-06-06 17:25 | Report Abuse

Awaiting for great hike again to the next resistance

ST

405 posts

Posted by ST > 2013-06-07 17:18 | Report Abuse

Profit taking today...see something different on Monday

ST

405 posts

Posted by ST > 2013-06-11 10:52 | Report Abuse

time to go higher later afternoon...

jkngo2003

31 posts

Posted by jkngo2003 > 2013-06-11 11:05 | Report Abuse

why u so confident on this share?

Posted by mrkenjiro > 2013-06-12 11:42 | Report Abuse

drop like flies

jkngo2003

31 posts

Posted by jkngo2003 > 2013-06-12 14:27 | Report Abuse

ammb price target rm3.6. buy now before late

selamba

478 posts

Posted by selamba > 2013-06-14 09:47 | Report Abuse

sut sama dia

Posted by mrkenjiro > 2013-06-19 09:54 | Report Abuse

low volume... very quiet

ST

405 posts

Posted by ST > 2013-06-21 14:54 | Report Abuse

recovering next monday!!!!

ST

405 posts

Posted by ST > 2013-06-28 14:05 | Report Abuse

drop due to blackout....everything resume as normal and more great value coming!!!

tq101012

32 posts

Posted by tq101012 > 2013-07-01 19:03 | Report Abuse

how come big drop today

BC475654

605 posts

Posted by BC475654 > 2013-07-01 19:20 | Report Abuse

The smelting plant will be closed to facilitate major reconstruction works.As a result,supply to customers will be affected.Refer to today's Bursa announcement.

anbz

5,163 posts

Posted by anbz > 2013-07-01 21:42 | Report Abuse

OTHERS
Description PRESS METAL BERHAD ("THE COMPANY")
- POWER OUTAGE INCIDENT AT ITS SMELTING PLANT IN MUKAH, SARAWAK
The Board of Directors of the Company wishes to inform that its subsidiary, Press Metal Sarawak Sdn Bhd ("PMS"), suffered a sudden shutdown of its primary aluminium production lines at its Mukah smelting plant due to a major power outage that occured at approximately 5.40 p.m. on 27 June 2013 in the State of Sarawak. The power outage lasted for almost six (6) hours, leading to a significant drop in temperature of the production pots. Although power has been restored, PMS was unable to resume metal production as solidification had taken place in the reduction cells of its potline despite its management and staff working tirelessly around the clock to salvage the pots. The incident did not cause any harm to persons or any known uncontrolled emissions.
At the time of this announcement, none of the pots could be salvaged. The Board of Directors are unable to estimate the full impact and consequences of the incident but will be closing the smelting plant to facilitate major reconstructions works. PMS has in place adequate insurance coverage and has initiated engagement with its insurers to ascertain the damage and the cost of the reconstruction works.

jkngo2003

31 posts

Posted by jkngo2003 > 2013-07-02 10:16 | Report Abuse

aiyo, just 20 percent production close. still got 80 percent production at samalaju. the new plant. you can check it at bank analysis at price target.

synchro

9 posts

Posted by synchro > 2013-07-02 16:16 | Report Abuse

Sy....

ST

405 posts

Posted by ST > 2013-07-05 12:10 | Report Abuse

wondering why small issue become panic will big issue... :)

hw0706

811 posts

Posted by hw0706 > 2013-07-05 12:14 | Report Abuse

you know why ? another plant at bintulu near mukah is totally shut down where not everybody know the news.

ST

405 posts

Posted by ST > 2013-07-08 09:22 | Report Abuse

still... it will come back in operation soon.. they are claiming insurance as well... :)

Posted by mrkenjiro > 2013-07-15 10:05 | Report Abuse

No trade?

vijayprem

10 posts

Posted by vijayprem > 2013-07-18 09:57 | Report Abuse

Any latest developments here...the price seem to be stagnant?

Joeylee

807 posts

Posted by Joeylee > 2013-07-22 13:32 | Report Abuse

Mukah plant is totally shutdown until next year Jan 2014. Only Bintulu plant is running but no use because it is producing ingot. Ingot price still rally down until 1500. Not making money. Only Mukah plant manufacturing billet is making money. Billet price is different from ingot. Insurance claims will wait for 1 year. Not a good idea to buy now. It is good to wait until RM 1.00.

Joeylee

807 posts

Posted by Joeylee > 2013-07-22 13:39 | Report Abuse

Ambank and RHB holding a small portion only. They urge people to buy but I still reluctant to buy. I still wait for Big player sumitomo invested in march 2014 and it will rise to RM9.00 in next three year.These two banks are holding at RM 2.40.

Posted by pvd_investor > 2013-08-04 01:00 | Report Abuse

Any news on this counter as the price doesn't seem to be moving for quite a while now

hw0706

811 posts

Posted by hw0706 > 2013-08-04 08:31 | Report Abuse

people ask to buy pm due to people want to sell.

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