Last night lme closed at 1867. Very close to break 1870 strong resistance n trend higher. Now future at 1882 up 11.00. Pmetal will fight back very soon....
@stockkids, depend on your appetite for risk. If you got confident hold, if you think you are worried then sell. Many are willing to buy at a lower price then now..
dear mgician... usd strong is good for pmetal.. the income denominated in USD and 1/3 of its cost is denominated is MYR... so the stronger the USD the better for pmetal.. for its debts, if aluminium remain at this current level or even trend higher pmetal can generate a lot of free cash flow to repay the debts, the income is denominated in USD so debts is not a huge issue.. it is mention in RHB research paper..
thanks moneykj... good sifu... in depth knowledge in pmetal... many ppl earn money because of him... always got some sifu run here say shark unloading.... now also don know where already...
So big plant yet overall company value only around rm7billion. This could worth rm15billion easily, dividing that with number of shares that's ur price
1. Max capacity: 740,000 tonnes pa or 185,000 per quarter. 2. Assumed average Al price: 1850 usd/tonne 3. Assumed average forex: RM 4.45/usd 4. Assumed margin of 10%
As i mentioned earlier the longer you wait the highest the share price . Again remember , stop telling and consoling yourself i will make it tomorrow , not now . No matter how clever you are if no action no results , ya . Terima kasih banyak-banyak Pmetal . Press Metal boleh .
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
moneykj
6,112 posts
Posted by moneykj > 2017-02-13 23:48 | Report Abuse
Mentua, it's 168m...not 126m.