PRESS METAL ALUMINIUM HOLDINGS BERHAD

KLSE (MYR): PMETAL (8869)

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Last Price

5.30

Today's Change

-0.06 (1.12%)

Day's Change

5.23 - 5.39

Trading Volume

11,282,800


18 people like this.

15,895 comment(s). Last comment by Augustine 6 days ago

moniekj

1,037 posts

Posted by moniekj > 2016-05-11 16:50 | Report Abuse

Haha..today follow lvg style, tomorrow is the real Man U..

Moneyfoo

476 posts

Posted by Moneyfoo > 2016-05-12 07:16 | Report Abuse

Good morning everyone :)

Investo

1,975 posts

Posted by Investo > 2016-05-12 07:33 | Report Abuse

早安 Huw 2 day? Buy again?

moniekj

1,037 posts

Posted by moniekj > 2016-05-12 07:34 | Report Abuse

Hari ia boleh jalan ke?

Moneyfoo

476 posts

Posted by Moneyfoo > 2016-05-12 07:45 | Report Abuse

Tentu boleh Jalan :)

Investo

1,975 posts

Posted by Investo > 2016-05-12 07:46 | Report Abuse

Man U defense or attack 2 day?

moniekj

1,037 posts

Posted by moniekj > 2016-05-12 07:58 | Report Abuse

Buy n keep. Wait it to attack.

Posted by Alex Lim Jun Xiong > 2016-05-12 10:31 | Report Abuse

Hello guys, I'm back to Pmetal at RM3.13 today.
Not too late to collect the dividend ya.
Pmetal is not only affected by aluminium prices lah, if so please buy commodities future better.
There are still many other factors that attribute to Pmetal growth like new plant, aluminium demand, cost management, quality control & etc.

telusdansuci

1,691 posts

Posted by telusdansuci > 2016-05-12 10:56 | Report Abuse

Why worry ! Just relax and keep cool . After that Rm 3.34/= just around the corner . Cannot everyday keep going up . If not " KENA JARUM" .

wikioon

196 posts

Posted by wikioon > 2016-05-12 11:00 | Report Abuse

Latest indication, funds will keep things quiet till the end of this week, given the recent economy troubles and ringgit weakening. but for this counter, there may be strong interest on mon - wed, expected to climb at least 5% to 3.25-3.30

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-05-12 11:24 | Report Abuse

Zzzz

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-05-12 11:37 | Report Abuse

Sell lah ! Man u attack u later.

Moneyfoo

476 posts

Posted by Moneyfoo > 2016-05-12 12:11 | Report Abuse

Hahaaaa...

moniekj

1,037 posts

Posted by moniekj > 2016-05-12 14:08 | Report Abuse

Aluminium price going up again despite oil drop. It move towards its own way, quite different from gold n silver. It's the way back by strong demand n not speculative play. If afterwards or tonight oil price goes up, you can see the exponential hike of aluminium price.

moniekj

1,037 posts

Posted by moniekj > 2016-05-12 14:13 | Report Abuse

Price hike cannot guarantee immediate share price hike. But it give a strong foundation for share price to climb steadily without concern the market condition.

moniekj

1,037 posts

Posted by moniekj > 2016-05-12 14:24 | Report Abuse

If aluminium can close above 1600 this week n share price still not up, next week pmetal price kaboom...

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-05-12 14:56 | Report Abuse

Kaboom meaning.....

moniekj

1,037 posts

Posted by moniekj > 2016-05-12 16:15 | Report Abuse

Meletup

Investo

1,975 posts

Posted by Investo > 2016-05-12 17:11 | Report Abuse

Meletup up or duwn?

moniekj

1,037 posts

Posted by moniekj > 2016-05-13 07:24 | Report Abuse

Aluminium price drop, Jingweihan, you scared or not?

Investo

1,975 posts

Posted by Investo > 2016-05-13 07:37 | Report Abuse

早安 Hope Man U goalkeeper goud. :-)

moniekj

1,037 posts

Posted by moniekj > 2016-05-13 07:50 | Report Abuse

Investo, u on the boat ka?

Investo

1,975 posts

Posted by Investo > 2016-05-13 07:54 | Report Abuse

moniekj, skared boat meletup.

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-05-13 08:08 | Report Abuse

Scare? Ya.
Scare they not selling today.

Moneyfoo

476 posts

Posted by Moneyfoo > 2016-05-13 08:34 | Report Abuse

Good morning everyone....cant wait c the show time de :)

wikioon

196 posts

Posted by wikioon > 2016-05-13 09:17 | Report Abuse

no show time today, traditionally friday is a quiet day. and traditionally monday is the time where funds start playing with the price. flattish today, on monday is when u will see the price go up.

Posted by Alex Lim Jun Xiong > 2016-05-13 12:50 | Report Abuse

moniekj, i trust u & i will hold Pmetal for long term.
The BOD of Pmetal commented as follow:

Current year’s prospects
For the last couple of months, in general, prices of all commodities have recovered from their
low which includes aluminium. Concerns of US hiking interest rate aggressively and the
contraction in China economy have abated and as such the market has responded quite
positively.
As for aluminium, due to the curtailments in year 2015, the supply and demand are now more
in equilibrium and is being reflected in the current price level.
This price recovery will work out well for Press Metal as we will complete our third smelter
production ramp up by the end of May. By then we will have a total smelting capacity of
760,000 mt and the largest in South East Asia.
So, barring unforeseen circumstances, the Board expects to achieve better result for this
financial year

Assuming every quarter eps of 8 cents, annual eps will be 32 cents, RM4.50 is achievable by taking pe ratio of 14.

moniekj

1,037 posts

Posted by moniekj > 2016-05-13 12:57 | Report Abuse

The meletup quarter is 3rd q..results n share price. Hold at least 3rd quarter results comes out...

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-05-13 15:25 | Report Abuse

Moniekj wc want or not

moniekj

1,037 posts

Posted by moniekj > 2016-05-13 15:29 | Report Abuse

Buying

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-05-13 16:02 | Report Abuse

Index down. Al price down. Apa du mau lagi?

moniekj

1,037 posts

Posted by moniekj > 2016-05-13 16:12 | Report Abuse

Next week

moniekj

1,037 posts

Posted by moniekj > 2016-05-13 16:19 | Report Abuse

Next week you will see many participate in this forum..

moniekj

1,037 posts

Posted by moniekj > 2016-05-13 16:24 | Report Abuse

Can convert WC to mother. Cheap2..

Moneyfoo

476 posts

Posted by Moneyfoo > 2016-05-13 16:28 | Report Abuse

Sifu..u mean sell wc then buy mother is it?

moniekj

1,037 posts

Posted by moniekj > 2016-05-13 16:36 | Report Abuse

If you intend to add more, buy WC then convert to mother. You may loss in dividend this q. But actually you will gain in total buying cost. Next q only claim dividend la..no problem

Moneyfoo

476 posts

Posted by Moneyfoo > 2016-05-13 17:01 | Report Abuse

Thank you sifu..u really teach me a lot d..I understand jo.

moniekj

1,037 posts

Posted by moniekj > 2016-05-15 15:08 | Report Abuse

Last week is not a good week for Pmetal. Klci show sign of drop further with internal issue n aluminum price violated the 1543 strong support line. The chart shows round top pattern may signal the downturn of uptrend. Jingweihan can smell it already..should we sell or hold?

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-05-15 23:25 | Report Abuse

I smell money coming. Waiting for them to sell.

Investo

1,975 posts

Posted by Investo > 2016-05-16 07:48 | Report Abuse

早安 US market duwn sharp. PMetal meletup? Wait lower 2 buy

moniekj

1,037 posts

Posted by moniekj > 2016-05-16 08:06 | Report Abuse

For me it's very easy to decide.

Moneyfoo

476 posts

Posted by Moneyfoo > 2016-05-16 08:13 | Report Abuse

Good morning everyone...moniekj~ ur decide is hold is it?

moniekj

1,037 posts

Posted by moniekj > 2016-05-16 08:22 | Report Abuse

Alum price is same with last q average aluminium price but extra 75% capacity from end of May. Very simple mathematics. Very easy to decide.

moniekj

1,037 posts

Posted by moniekj > 2016-05-16 08:24 | Report Abuse

But share just need up 5 cents to put it back to uptrend.

moniekj

1,037 posts

Posted by moniekj > 2016-05-16 08:27 | Report Abuse

Pmbtech, pmetal subsidiary last Friday up 14 cent. Is it signal ka for pmetal?

Moneyfoo

476 posts

Posted by Moneyfoo > 2016-05-16 08:46 | Report Abuse

Moniekj ~noted :)

moniekj

1,037 posts

Posted by moniekj > 2016-05-16 11:53 | Report Abuse

Investo, now can buy liao..

wikioon

196 posts

Posted by wikioon > 2016-05-16 16:43 | Report Abuse

looks like funds are accumulating slowly, although tough economic sentiment is dragging all klci stocks down. keep an eye next two days, may have a breakout soon.

moniekj

1,037 posts

Posted by moniekj > 2016-05-16 21:44 | Report Abuse

Why I can't see some other supporters like ruby, flmf, anakayam ha..

Investo

1,975 posts

Posted by Investo > 2016-05-17 07:50 | Report Abuse

早安 Al price nut change last night but oil fly!

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