Posted by traderman > 2014-06-05 21:14 | Report Abuse

Keng88 please count in percentage not bits

Posted by Ong Chong Sin > 2014-06-05 21:31 | Report Abuse

2nd quarter result will be fantastic be patient

Posted by tomtom8388 > 2014-06-05 22:25 | Report Abuse

Good luck to Pmetal close higher and uptrend tomorrow.
Have a Goodnight sweet dream to Caveman,Tripaka,michelle828,Traderman and all Pmetal investors.kokokoko.....

Posted by SimonSezs > 2014-06-05 22:32 | Report Abuse

when will the Q2 results be out?

Posted by tomtom8388 > 2014-06-06 09:06 | Report Abuse

Y ca no up yet since mother up more?

Posted by keng88 > 2014-06-06 09:11 | Report Abuse

Pmetal up..up..up..

Posted by tomtom8388 > 2014-06-06 09:13 | Report Abuse

Your guess,how up will go ?

Posted by darklord2004 > 2014-06-06 09:16 | Report Abuse

don't know how far it can go since cb is issued

Posted by SimonSezs > 2014-06-06 09:32 | Report Abuse

pmetal-cb premium quite high right ?

Posted by darklord2004 > 2014-06-06 09:37 | Report Abuse

ca premium higher 3.84%

Posted by SimonSezs > 2014-06-06 09:56 | Report Abuse

is it safe to enter -cb ?

Posted by traderman > 2014-06-06 09:56 | Report Abuse

sell all ca 0.21

Posted by darklord2004 > 2014-06-06 10:05 | Report Abuse

sell all ca 0.21 as well

Posted by darklord2004 > 2014-06-06 10:06 | Report Abuse

traderman, let q at .190

Posted by earlybird88 > 2014-06-06 11:19 | Report Abuse

not worth to buy ca or cb, their profit break event price now = RM 5 mother share

Posted by SimonSezs > 2014-06-06 13:31 | Report Abuse

Can someone pls explain what is yesterday's announcement about? Thank you!

8869 PMETAL PRESS METAL BHD
Additional Listing Announcement

1. Details of Corporate Proposal
Whether the corporate proposal involves the issuance of new type and
new class of securities? No
Types of corporate proposal : Others
Details of Corporate Proposal : Conversion of 8-Year 6% Redeemable
Convertible Secured Loan Stocks
No. of shares issued under this corporate proposal: 818,975
Issue price per share ($$) : MYR 2.200
Par Value ($$) : MYR 0.500
Latest issued and paid up share capital after the above corporate proposal
in the following
Units : 525,789,136
Currency : MYR 262,894,568.000
Listing Date : 06/06/2014
Remarks :


05/06/2014 02:27 PM

Posted by traderman > 2014-06-06 14:12 | Report Abuse

issue LA again ?

Posted by darklord2004 > 2014-06-06 14:25 | Report Abuse

why cb price is higher than ca price?

Posted by traderman > 2014-06-06 14:59 | Report Abuse

cb exercise price is lower at 3.5 compare ca at 3.58

Posted by tomtom8388 > 2014-06-06 15:45 | Report Abuse

I'm so confused whether the ca can up to 0.290 or not?coz the ca up very abit even mother price up more???

Posted by tomtom8388 > 2014-06-06 17:08 | Report Abuse

So disappointed the ca.

Posted by sk l > 2014-06-06 17:21 | Report Abuse

simon, this is the conversion of the pmetal-la into the mother shares on a 1:1 basis. There are still about 124m la's available for conversion, of which 106m are held by the directors.

Posted by Caveman > 2014-06-06 18:25 | Report Abuse

Hello Tomtom ;D. Well there are 2 problems so far with CA. Largest problem is the issue of CB. Next are the contra players. Issuance of CB was unexpected, contra players are always to be expected. Contra will sell at 1 to 2 cent play this will keep CA from good movement. Just have to wait them out and let them move on to another counter.

Posted by SimonSezs > 2014-06-06 19:11 | Report Abuse

Good movement from PMETAL today, hopefully next week it breaks 3.7 and proceeds to 4.0

Posted by traderman > 2014-06-06 21:42 | Report Abuse

tomtom 8388, the question is can mother go to 4.5 or not ... if can, means the ca also can go above 30 cent

Posted by traderman > 2014-06-07 15:02 | Report Abuse

Call warrant 1-2 cent is very huge percentage already, don't look at bits

Posted by keng88 > 2014-06-09 16:55 | Report Abuse

today xian....

Posted by luyee > 2014-06-09 17:54 | Report Abuse

http://www.kitcometals.com/charts/aluminum_historical_large.html

uptrend intact, from 0.78 to 0.83...

Posted by tomtom8388 > 2014-06-09 17:59 | Report Abuse

So bad,how long need to wait???

Posted by johnny cash > 2014-06-10 00:09 | Report Abuse

Press Metal (PRESS MK)
Technical BUY with +15.9% potential return
Last price : RM3.64
Target Price : RM3.78, RM4.22
Support : RM3.38
Stop-loss: RM3.37
BUY with a target price of RM4.22 with stop
loss placed below RM3.37. PRESS’s share
price was consolidating in a contracting range
in the form of a “symmetrical triangle” pattern
in the last 28 days, suggesting an upward
continuation upon the breakout from the
pattern. With last Friday’s gain, PRESS has
made a breakout above the pattern on the
back of a higher trading volume of 1.3m shares
(vs 20-day average of 0.8m), signifying an
upward movement hereafter. This was
supported by a surge in momentum as shown
by a bullish crossover in Stochastic, implying
potential follow-through support as the price is
likely to nudge higher in the near term. We peg
our upside target based on X to X projection of
the pattern at the price of RM4.22 over the
short to medium term.

Posted by luyee > 2014-06-10 14:38 | Report Abuse

I think so. now collecting cb and ca warrants.

Posted by SimonSezs > 2014-06-11 09:48 | Report Abuse

How come yesterday it closed at 3.64 and today it opened at 3.60 but it showed green (while it was 3.60) and not red ? Any adjustment made to the price?

Posted by zhihao87 > 2014-06-11 11:41 | Report Abuse

bcos today x~

Posted by SimonSezs > 2014-06-12 09:28 | Report Abuse

Anyone here still holding the CA or CB ?

Posted by traderman > 2014-06-12 11:09 | Report Abuse

tomtom8388.

Posted by tomtom8388 > 2014-06-12 12:26 | Report Abuse

Yes,traderman

Posted by tomtom8388 > 2014-06-12 13:25 | Report Abuse

Hi,Caveman.

Posted by SimonSezs > 2014-06-12 13:52 | Report Abuse

tomtom.. any opinion on the call warrants ? seems like it keep dropping...

Posted by zhihao87 > 2014-06-12 13:52 | Report Abuse

ca and cb price... now is very cheap ...can hold oso :)

Posted by luyee > 2014-06-12 13:54 | Report Abuse

cb cheaper than ca by a lot..

Posted by SimonSezs > 2014-06-12 13:57 | Report Abuse

just worried it will keep dropping lower ...

Posted by traderman > 2014-06-12 14:02 | Report Abuse

yes, cb is cheaper compare ca in terms of premium and maturity date ... if i to buy call warrant i will choose cb for sure ...

Posted by Caveman > 2014-06-12 16:42 | Report Abuse

Hello tomtom ;D. I am still with you. The market controller is still playing around. Once all the conversions are complete, we will see a big move up. This should not be taking so long but we are not in control. Just have to wait. This is the hard part of course. Stay positive.

Posted by SimonSezs > 2014-06-12 16:43 | Report Abuse

Caveman, when will the conversions be completed?

Posted by Caveman > 2014-06-12 16:48 | Report Abuse

This is up to the company. No one knows I am sure. There are still many yet to convert. I believe we will be sideways for a while yet unfortunately. This is like watching the grass grow!

Posted by traderman > 2014-06-12 17:33 | Report Abuse

i don't see is press down to collect, operator has the most shares as they operate for the bosses ... what i see is they stay side line now, and is the retailers which trade among themselves ... some will cut loss, some switch stock ect making the price drop ... once operator back to play, simply 20 cent a day ... so just stay patience and collect on dip ... tomtom8388 you must average down and try to sell on break even ... dont really think about profit as your entry point is totally wrong ... as said, this ca open at 13 cent and same day go to 30 cent, you bought when the price already soar more then 100% ... operator not going to let you earn this way ...

Posted by luyee > 2014-06-12 17:45 | Report Abuse

traderman, there were big vol transactions towards to closing, yesterday also same. what does it mean?

Posted by Caveman > 2014-06-12 17:59 | Report Abuse

It means sideways.

Posted by luyee > 2014-06-12 18:06 | Report Abuse

Thanks Caveman, btw, what conversions do you mean?

Posted by Caveman > 2014-06-12 20:50 | Report Abuse

Sorry luyee.....I had to go eat. The conversions of the LA. If you look at the notifications about additional shares, this is the conversions. The conversions add more shares to the main stock, thus diluting the value just like inflation.