Posted by traderman > 2014-05-19 16:03 | Report Abuse

haha, pmetal ca, that day when listed only 13 cent, fly to 20 cent, 100% return ...

if you chase at 28 cent, really pray hard ... seriously

Posted by tomtom8388 > 2014-05-19 20:05 | Report Abuse

caveman,how about pmetal tomorrow?

Posted by tomtom8388 > 2014-05-19 20:37 | Report Abuse

I think pmetal-ca will be long termp investment to go up price liow

Posted by tomtom8388 > 2014-05-19 20:37 | Report Abuse

otherwise will sell lose who buy higher price lo

Posted by Caveman > 2014-05-19 20:45 | Report Abuse

Hello tomtom ;D. I am still holding until the next up trend. I do not know when this could be. There is still value in PMETAL so I am not worried. We just need to be patient and not just give them our shares. Patience my friend ;D.

Posted by tonywong8 > 2014-05-19 21:48 | Report Abuse

Pmetal, trend wise, it is still intact. Support at Rm3.40. First resistance at Rm3.78 and next one at Rm4.00 Last Thursday and today, about 4000k Pmetal-LA conversion, expected some sellers to be there. Last two sections, when price dropped below Rm3.48, buyers start to queue. Strong support at Rm3.40.

Posted by tomtom8388 > 2014-05-19 22:04 | Report Abuse

maybe tomorrow or next few days up like Pmetal-wc up to 1.xx ,who know :-D

Posted by keng88 > 2014-05-19 23:30 | Report Abuse

no,i thing wc up to 2.xx

Posted by tomtom8388 > 2014-05-20 09:38 | Report Abuse

Will pmetal-ca drop till 1.xx?

Posted by clonewar > 2014-05-20 11:02 | Report Abuse

no hope...

Posted by clonewar > 2014-05-20 13:18 | Report Abuse

they run so fast

Posted by traderman > 2014-05-20 14:28 | Report Abuse

use mother as guide, for me, still can hold as long as above 3.44

Posted by xiang > 2014-05-20 15:52 | Report Abuse

sold my pmetal ca ... go fly with AAX-CL ... interest no more here

Posted by kwl8888 > 2014-05-20 15:55 | Report Abuse

Be careful with AAX-CL, it had been quiet after listing, might quiet again after today

Posted by clonewar > 2014-05-20 16:10 | Report Abuse

Three days in a row goin down..

Posted by tomtom8388 > 2014-05-20 17:15 | Report Abuse

.290 buyer want jump sea liow

Posted by Caveman > 2014-05-20 18:31 | Report Abuse

Yes indeed, it WILL move UP soon. The contra players see GREEN GREEN everywhere so they dump and jump LoL! Patience will reward you ;D!

Posted by tomtom8388 > 2014-05-20 19:20 | Report Abuse

green green everywhere, why pmetal red red de ?

Posted by kwl8888 > 2014-05-20 19:29 | Report Abuse

Never buy call warrant, too risky, this week might drop below 0.20, cut loss at soonest possible before too late

Posted by tomtom8388 > 2014-05-20 21:28 | Report Abuse

as pmetal price history normally 3 or 4 days drop red then go green 2 to 3 days so tomorrow will be green up.so pmeta-cal also will go up or higher as pmetal up . Also AMresearch also will push up till 4.50 -

(AmResearch has maintained a “buy” call on Press Metal Bhd and raised its target price to RM4.50 per share, from RM3.07 previously, based on a 12 times price-earnings (PE) of financial year ending Dec 31, 2014 earnings per share (EPS) of 37.5 sen.)
http://www.thestar.com.my/Business/Business-News/2014/04/17/Press-Metal-target-price-raised-to-RM450-buy-rating-kept.aspx/

so pmetal will up to 4.00 soon :-D

Posted by Joel > 2014-05-21 08:35 | Report Abuse

Today Pmetal will fly !!!

Posted by Caveman > 2014-05-21 08:53 | Report Abuse

I believe it will move UP today as well ;D

Posted by Caveman > 2014-05-21 08:54 | Report Abuse

Many contra moved out already and that generally means it will go UP ;D. Happy prosperous trading ;D

Posted by clonewar > 2014-05-21 09:29 | Report Abuse

Not moving up..

Posted by traderman > 2014-05-21 10:13 | Report Abuse

because no such concept as contra player out = price up ... is all depend the SM aka operator ...

Posted by tomtom8388 > 2014-05-21 12:33 | Report Abuse

Hope afternoon pmetal will go strong

Posted by tomtom8388 > 2014-05-21 12:34 | Report Abuse

I think pmetalca very hard to up as buyer just small fish

Posted by kwl8888 > 2014-05-21 12:44 | Report Abuse

Lucky sold at 3.62 on last week, should thanks for CA, if no listing of CA, price won't up

Posted by Ken Loo > 2014-05-21 14:40 | Report Abuse

have to agree, SM use the CA to earn some money haha

Posted by xiang > 2014-05-21 15:47 | Report Abuse

not moving

Posted by michelle828 > 2014-05-21 15:49 | Report Abuse

Dsonic mother share @ RM3.38 , CA price @ RM0.275 compare to Pmetal
Pmetal mother share much higher @RM3.50 but CA @RM0.245

Anybody can tell me why ?

Posted by xiang > 2014-05-21 15:54 | Report Abuse

today airasia flying high... can check out airasia c11.. it is following the mother too

Posted by michelle828 > 2014-05-21 15:58 | Report Abuse

Dsonic Mother price lower than Pmetal but their CA-dsonic higher / stronger than CA Pmetal。
Is it Ca-Dsonic overprice or Ca-Pmetal under value ?

Posted by Caveman > 2014-05-21 16:03 | Report Abuse

Look at the gearing. ;D

Posted by Caveman > 2014-05-21 16:06 | Report Abuse

DSONIC-CA also has a conversion ratio.

Posted by michelle828 > 2014-05-21 16:10 | Report Abuse

Oh I got it， thanks Caveman ：）

Posted by Caveman > 2014-05-21 17:03 | Report Abuse

Welcome Michelle ;D.

Posted by tomtom8388 > 2014-05-21 17:30 | Report Abuse

Caveman,how long pmetqlca can reach 0.300?if tomorrow pmetal green up then sure Friday will green up also.right?

Posted by Caveman > 2014-05-21 17:44 | Report Abuse

I believe this is the beginning an uptrend cycle due to the close above RM3.5 today. We will have to see onward. If tomorrow UP then sentiment will change and the stock should push higher. We will have to wait and see.

Posted by tomtom8388 > 2014-05-21 18:12 | Report Abuse

If pmetal push higher.will pmetalca also follow price up?

Posted by Caveman > 2014-05-21 20:18 | Report Abuse

Yes CA will follow. The gearing, on CA, will change as more buying occurs. We need another run for RM3.80 on mother share. ;D

Posted by michelle828 > 2014-05-22 17:14 | Report Abuse

HI. DID ANYBODY KNOW WHAT IS RENEW SHAREHOLDERS MANDATE ?
WHAT WILL EFFECT TO OUR SHARE PRICE ? THANKS ~

8869 PMETAL PRESS METAL BHD
OTHERS

Press Metal Berhad ("PMB" or "the Company")- Proposed Renewal of Shareholders' Mandate and Proposed New Shareholders'Mandate for Recurrent Related Party Transactions of a Revenue or TradingNature

Posted by tomtom8388 > 2014-05-22 17:38 | Report Abuse

Caveman,Why pmetal under value still drop?still can hold?

Posted by Caveman > 2014-05-22 20:59 | Report Abuse

I believe the market maker is trying to "rattle our nerves" in hopes we will sell. It seems the market maker is the same as DSONIC's market maker. This is MY OPINION. They pushed the price of DSONIC and DSONIC-CA down to collect at a lower price. Then they pushed it back up past previous marks very quickly. They want to collect more as low as possible. Remember RHB and AMMB have TP above RM4.00. Just a matter of time before there is another push UP. I AM HOLDING. ;D.

Posted by tomtom8388 > 2014-05-22 21:18 | Report Abuse

Caveman I'm pround of you.Thank

Posted by tonywong8 > 2014-05-23 05:31 | Report Abuse

Based on Rm 0.225 for Pmetal-CA, you are only break even when price of Pmetal gone up to Rm 5.38 on 28/5/2015, one year from now. Conversion price = Rm 3.58 and ratio 8:1, the calculation is = Rm 3.58 + 8 x Rm 0.225 = Rm 5.38. Be careful of your hard earn money.

Posted by Caveman > 2014-05-23 15:49 | Report Abuse

The insertion of additional shares at RM2.20 is the conversion of PMETAL-WC to mother share. People are still confident in the company; hence the conversion, and the annual report will be out 1st week of June. This was stated to me from Press Metal investor relations. Prepare for another round of GREEN! ;D

Posted by tonywong8 > 2014-05-23 22:59 | Report Abuse

The drawn down of Aluminium from warehouse stock is about 10000 ton per day for last two weeks. Good sign of Aluminium price will go up.

Posted by Caveman > 2014-05-23 23:47 | Report Abuse

I believe with the conversions of WC that this is the reason for the downs. Once all conversions are complete then the price should stabilize and focus an uptrend. There are still buyers for PMETAL. Just have to be patient.

Posted by traderman > 2014-05-23 23:50 | Report Abuse

Broad market no good + World Cup coming

Patient

Collect on weakness