PRESS METAL ALUMINIUM HOLDINGS BERHAD

KLSE (MYR): PMETAL (8869)

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Last Price

5.37

Today's Change

+0.01 (0.19%)

Day's Change

5.33 - 5.39

Trading Volume

2,233,700


18 people like this.

15,895 comment(s). Last comment by Augustine 5 days ago

mamatede

3,950 posts

Posted by mamatede > 2017-01-06 11:30 | Report Abuse

hehe yeah need rest...

wikioon

196 posts

Posted by wikioon > 2017-01-06 11:40 | Report Abuse

so many sharks bought at 1,70 - 1.75. they wont be contented. positioning themselves for push next few weeks.

moneykj

6,112 posts

Posted by moneykj > 2017-01-06 12:41 | Report Abuse

Kenanga up their tp to 2.15 from 1.79. Wow.. jump 20%..

moneykj

6,112 posts

Posted by moneykj > 2017-01-06 12:43 | Report Abuse

I can't believe by stingy Kenanga.... yes Kenanga.

mamatede

3,950 posts

Posted by mamatede > 2017-01-06 15:52 | Report Abuse

do you know that 2017 pick world wide is commodity?

moneykj

6,112 posts

Posted by moneykj > 2017-01-08 23:43 | Report Abuse

Months ago I hv perdicted lme will touch 1750. It did happened on 13 dec 2016, closed at 1755. Long term target is 2081base on its chart. I don't know when can reach. May be usd drop back to 4.00 n demand of aluminium at the peak second half of 2017. If it happen(lme 2081), astronomical results expected from Pmetal. I believe in 6 months time 1850 to 1900 is more realistic figure. So, what is the share price if lme reach 1850 to 1900? It's 7.00, after ex 2.50. That's why I still keep some share for long term. At least witness it to touch 2.50. I believe Peanuts n telusdansuci, the long term fans of Pmetal will do the same. Pmetal boleh dan tetap boleh.

Posted by Raymond Tiruchelvam > 2017-01-09 00:32 | Report Abuse

holy cow.... my job is to track and forecast LME for 3 mths forward... and did not even realise to make money out of it errrggghhh.... thx for the pointer moneykj

Investo

1,975 posts

Posted by Investo > 2017-01-09 07:21 | Report Abuse

早安 Monday..........back 2 work :-)
PMetal this year do well so far. Maybe this is good 2017 stock! Laugh

merck

996 posts

Posted by merck > 2017-01-09 09:51 | Report Abuse

All reader, This INVESTO hv bad record together with BWC.
Go to check.Supermx or AA forum, u will know.
Becareful of both of them

wikioon

196 posts

Posted by wikioon > 2017-01-09 10:14 | Report Abuse

same trend of sharks playing on wed and thurs. wonder if this is a coincidence. hmmm

Posted by Alex Lim Jun Xiong > 2017-01-09 10:14 | Report Abuse

Pmetal on the rise?

moneykj

6,112 posts

Posted by moneykj > 2017-01-09 10:41 | Report Abuse

Alex, Pmetal poised to announce best ever results in Feb.

Nagateru

25 posts

Posted by Nagateru > 2017-01-09 22:07 | Report Abuse

Proposed Internal Reorganisation

Proposed internal reorganisation by way of a members’ scheme of arrangement under Section 176 of the Companies Act, 1965 (“Act”) (“Scheme”) comprising the following proposals:-

(a) proposed share exchange of all the Subdivided Shares with new ordinary shares of RM0.25 each in a new investment holding company to be incorporated (“Newco”) (“Newco Shares”) on the basis of one (1) new Newco Share for every one (1) Subdivided Share held as at an entitlement date to be determined and announced later (“Securities Exchange Entitlement Date”) (“Proposed Share Exchange”);

(b) proposed warrants exchange of all the outstanding 2011/2019 Warrants C outstanding in PMB (“PMB Warrants”) with new warrants in Newco (“Newco Warrants”) on the basis of one (1) new Newco Warrant for every one (1) existing PMB Warrant held as at the Securities Exchange Entitlement Date (“Proposed Warrants Exchange”); and

(c) proposed assumption of the listing status of PMB by Newco and the admission of Newco to and withdrawal of PMB from the Official List of Bursa Malaysia Securities Berhad (“Bursa Securities”), with the listing of and quotation for the new Newco Shares and new Newco Warrants on the Main Market of Bursa Securities (“Proposed Transfer of Listing”).

The Proposed Share Exchange and the Proposed Warrants Exchange are collectively referred to as the “Proposed Securities Exchange”. The Proposed Securities Exchange and the Proposed Transfer of Listing are collectively referred to as the “Proposed Internal Reorganisation”. The Proposed Share Split, Proposed Bonus Issue, Proposed Increase in Authorised Share Capital, Proposed M&A Amendments and the Proposed Internal Reorganisation are collectively referred to as the “Proposals”.

This is the annoucement on 11 july 2016. Basically it's about convert the existing warrant to Newco Warrant.

Correct me if i'm wrong.

Thanks.

Investo

1,975 posts

Posted by Investo > 2017-01-10 07:40 | Report Abuse

早安 Tuesday..........:-)
PMetal still look strong, maybe results good again. Laugh

zzzzz

1,872 posts

Posted by zzzzz > 2017-01-10 08:21 | Report Abuse

So is good ?

merck

996 posts

Posted by merck > 2017-01-10 08:35 | Report Abuse

maybe INVESTO Is BWC

Nagateru

25 posts

Posted by Nagateru > 2017-01-10 09:24 | Report Abuse

Greatful, i don't think so. Based on the previous research report, they said the reorganization purpose is good for tax purpose. Let's wait and see. Please refer back to the related news after the announcement on 11 july 2016 about this.

telusdansuci

1,690 posts

Posted by telusdansuci > 2017-01-10 09:38 | Report Abuse

Very fast my TP Rm 2.00/= coming soon maybe on this month or before CNY 2017 . Now i concentrate on my target price only .Other than that i don't bother . Pmetal boleh dan tetap boleh. Wait for the next announcement .

mamatede

3,950 posts

Posted by mamatede > 2017-01-10 11:11 | Report Abuse

Basically Newco become an investment company that controls the Pmetal smelter business. This gives the board flexibility to expand further such as acquiring different businesses just like a company invest in a business. Correct me if im wrong.

blacksnake

321 posts

Posted by blacksnake > 2017-01-10 12:08 | Report Abuse

selling pressure so strong at 1.80........... add oil...........

mamatede

3,950 posts

Posted by mamatede > 2017-01-10 14:18 | Report Abuse

price of aluminium is surging https://www.investing.com/commodities/aluminum

wikioon

196 posts

Posted by wikioon > 2017-01-10 16:06 | Report Abuse

highest in 2 years, hoping to reach 2011/2012 highs

Winwin98

144 posts

Posted by Winwin98 > 2017-01-10 16:40 | Report Abuse

ya.. price of aluminium is surging up

Investo

1,975 posts

Posted by Investo > 2017-01-11 07:43 | Report Abuse

早安 Wed..........mid-week aready:-)
PMetal then will fly also? Laugh

telusdansuci

1,690 posts

Posted by telusdansuci > 2017-01-11 09:15 | Report Abuse

Investo , Pmetal will fly very high until the sky , Laugh ! . Ask you to buy you did not buy , you said wait . Laugh . Pmetal boleh dan tetap boleh .

merck

996 posts

Posted by merck > 2017-01-11 10:20 | Report Abuse

INVESTO, why u every forum go post rubbish

telusdansuci

1,690 posts

Posted by telusdansuci > 2017-01-11 10:51 | Report Abuse

Rm 1.84 - Rm 1.85/= today ? Pmetal boleh dan tetap boleh .

mantua39

51 posts

Posted by mantua39 > 2017-01-11 11:03 | Report Abuse

Buying pressure building up

gcke

1,359 posts

Posted by gcke > 2017-01-11 11:04 | Report Abuse

The positive price trend is still intact.The price charts reflect the sound fundamentals of the company.Good luck.Take care.

Awet91

1,934 posts

Posted by Awet91 > 2017-01-11 11:37 | Report Abuse

Investo rubbish

mamatede

3,950 posts

Posted by mamatede > 2017-01-11 11:49 | Report Abuse

atleast close 1.83 today and until next quarter la...

Awet91

1,934 posts

Posted by Awet91 > 2017-01-11 12:22 | Report Abuse

Pmetal boleh,just go go go

blacksnake

321 posts

Posted by blacksnake > 2017-01-11 12:36 | Report Abuse

trying to clear 1.83 ? let pray together ............. hihihi............

Kesley Tan

2,082 posts

Posted by Kesley Tan > 2017-01-11 12:56 | Report Abuse

break recent high 1.81.

Kesley Tan

2,082 posts

Posted by Kesley Tan > 2017-01-11 12:56 | Report Abuse

if today volume can reach 10m then best case scenario

kennyblur

11 posts

Posted by kennyblur > 2017-01-11 13:28 | Report Abuse

new highest point achieve

mamatede

3,950 posts

Posted by mamatede > 2017-01-11 13:36 | Report Abuse

1.83 easily reach, now to let nature that it course for consolidation at +- 0.1 until next quarter

gcke

1,359 posts

Posted by gcke > 2017-01-11 14:52 | Report Abuse

Sarawak CM just passed away because of heart attack.The news were on all the online news media.RIP.

Kesley Tan

2,082 posts

Posted by Kesley Tan > 2017-01-11 15:26 | Report Abuse

testing 1.85

mamatede

3,950 posts

Posted by mamatede > 2017-01-11 15:53 | Report Abuse

no change to pmetal foundamentals dont worry.

wikioon

196 posts

Posted by wikioon > 2017-01-11 16:03 | Report Abuse

testing highs indicate strong tp of 2.00

Posted by Ooi Kelly > 2017-01-11 16:53 | Report Abuse

anyone got news saying that pmetal will be having a dinner by tmr?

Posted by Ooi Kelly > 2017-01-11 16:54 | Report Abuse

they said pmetal big win this year especially the last year Q4 report that will be release in 1Q 2017.

Awet91

1,934 posts

Posted by Awet91 > 2017-01-11 17:21 | Report Abuse

Closed at 1.85,still.keep it until boom huhu

Kesley Tan

2,082 posts

Posted by Kesley Tan > 2017-01-11 17:25 | Report Abuse

gogo. tp 2.00

Kesley Tan

2,082 posts

Posted by Kesley Tan > 2017-01-11 17:26 | Report Abuse

explosive Q coming before CNY

blacksnake

321 posts

Posted by blacksnake > 2017-01-11 17:33 | Report Abuse

nice closing.......... tomorrow continue.............

MrPauper

1,031 posts

Posted by MrPauper > 2017-01-11 19:04 | Report Abuse

You can always utilise T 3 facility to purchase in advance

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