PRESS METAL ALUMINIUM HOLDINGS BERHAD

KLSE (MYR): PMETAL (8869)

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Last Price

5.31

Today's Change

-0.05 (0.93%)

Day's Change

5.30 - 5.38

Trading Volume

3,417,800


18 people like this.

15,895 comment(s). Last comment by Augustine 1 week ago

dodo2368

158 posts

Posted by dodo2368 > 2014-07-31 14:53 | Report Abuse

yes..

simctgal

240 posts

Posted by simctgal > 2014-07-31 14:54 | Report Abuse

Another Dsonic concept stock?

Joel

4,580 posts

Posted by Joel > 2014-07-31 15:21 | Report Abuse

No, Pmetal totally diff fr Dsonic.

simctgal

240 posts

Posted by simctgal > 2014-07-31 15:30 | Report Abuse

Because it wont split and goes up?

Joel

4,580 posts

Posted by Joel > 2014-07-31 16:28 | Report Abuse

Read RHB cover report today deeply.

Joel

4,580 posts

Posted by Joel > 2014-07-31 16:47 | Report Abuse

simctgal, the RHB cover report only came out today b4 12:30 noon 31.7.2014.

Joel

4,580 posts

Posted by Joel > 2014-08-01 10:11 | Report Abuse

Wah, Really worth to sail in the boat@PMETAL !

Joel

4,580 posts

Posted by Joel > 2014-08-01 10:33 | Report Abuse

要买值得买进的股如PMETAL, L&G, TMAKMUR.

Best 168

671 posts

Posted by Best 168 > 2014-08-01 11:39 | Report Abuse

Buy TP RM7.5
aluminum price rise us 2200

Posted by impreza2388 > 2014-08-01 11:41 | Report Abuse

Joel..还值得买进?

Best 168

671 posts

Posted by Best 168 > 2014-08-01 12:27 | Report Abuse

this is a good counter
tp RM7.50

Lotusf1

1,159 posts

Posted by Lotusf1 > 2014-08-01 13:14 | Report Abuse

No brake fr tis counter as it conitinue to ups. ...chrt indicates very well overpriced n as invstrs continue to prchse....unfrtunetly xfr me as it is a non shariah....

Joel

4,580 posts

Posted by Joel > 2014-08-01 14:04 | Report Abuse

Im not too sure now,impreza.
But in PMETAL's cover report yesterday by RHB
if u read deeply and carefully,
this stock is really worthest to invest in it.
worth or not worth to buy in is depend on u, impreza
I cannot decide for u bcos it is ur money.
Yesterday b4 12:30 noon , I read the cover report,
我直接 buy in 5000 units@RM5.328 share @PMETAL
without any consideration deeply after I read the report.
I sold my other stocks in order to buy in PMETAL.

I get shocked juz now bcos I noticed the PMETAL's current price now.

Best 168

671 posts

Posted by Best 168 > 2014-08-01 14:26 | Report Abuse

Lucky,
good counter
today up is market aluminum price up
the aluminum price will continue up

Best 168

671 posts

Posted by Best 168 > 2014-08-01 15:11 | Report Abuse

LME aluminium prices broke the USD2,000/tonne mark last week. While prices have consolidated, the present level and record premiums are set to benefit Press Metal’s smelters. We prudently revise upwards our all-in FY14/FY15 aluminium price estimates to USD2,200/USD2,400respectively despite the belief that there is more upside coming. Reiterate BUY, with a higher MYR7.38 FV (from MYR5.47), a 20% discount to its fully-diluted DCF.

Aluminium prices looking up. Global aluminium producers have done well to curtail output. Coupled with the absence of new smelting capacity outside China (beyond the few being ramped-up now) and moderate demand growth, the market is generally expecting its first supply deficitin a decade from 2014. This favourable development has lifted the sector’s fundamentals and seen the London Metal Exchange (LME)’saluminium cash price breaking the USD2,000/tonne psychological barrierlast week. Additionally, the regional premium payable for metal deliveries to Japan for July-September also rose to a record USD400-408/tonne, ie 8-12% over the preceding quarter.

All geared for brighter days ahead. Press Metal is set to enjoy the fruit of years of aggressive investments in its world-class low cost aluminium smelters in Samalaju and Mukah. The improved industry dynamics are timely, as both of its smelters have been fully operational since April. The higher aluminium prices should also mean extra dollars for every tonne of metal produced. Although we believe the supply deficit may offer further upside to all-in aluminium prices from the present level, we prefer to be prudent and revise up our FY14/FY15 assumptions by USD100/USD200/tonne to USD2,200/USD2,400/tonne respectively.

Reiterate BUY, with MYR7.38 FV (from MYR5.47). Press Metal’s track record prompted us to raise our value-added production estimate for the Samalaju smelter to up to 40% of total production by FY18. That, on top of our assumption of higher aluminium prices, led us to raise our estimates by 22.4%/35.5% for FY14/FY15. We also ascribe a nominal terminal value on it at MYR425m vs nil previously. Our fully-diluted DCFbased FV rises to MYR7.38 (20% discount to our DCF), implying undemanding 15.0x/10.5x P/Es and 2.1x/1.8x P/BVs on its FY14F/FY15F respectively. We believe its verbal commitment of a 30%-50% dividend payout ratio may support a further re-rating. BUY.

Posted by impreza2388 > 2014-08-01 15:31 | Report Abuse

哇。。更上一层楼。。 创造历史新高 5.80 我晕了

Posted by impreza2388 > 2014-08-01 15:33 | Report Abuse

奇怪 LB 没动劲

davors

889 posts

Posted by davors > 2014-08-01 15:33 | Report Abuse

wow anyone hit the PMETAL-CA jackpot?

Joel

4,580 posts

Posted by Joel > 2014-08-01 15:38 | Report Abuse

U got buy in Pmetal or not , impreza ?

Posted by impreza2388 > 2014-08-01 15:41 | Report Abuse

Did not top up after 3.5 regret regret

Joel

4,580 posts

Posted by Joel > 2014-08-01 15:52 | Report Abuse

nevermind, impreza.
wait for price correction on next Monday.
For Me, I still keep and holding for the bright future@PMETAL.

Posted by impreza2388 > 2014-08-01 16:01 | Report Abuse

我等看第二季度报告。。相信成绩会很好

Joel

4,580 posts

Posted by Joel > 2014-08-01 16:02 | Report Abuse

Hope PMETAL dint kena UMA.
Jangan lonjak dengan mendadak.
Biar ia normal.

Posted by Beginner1989 > 2014-08-01 16:06 | Report Abuse

wth happened.. this stock up non stop.. I never went in.. regretted. and I don't dare to go in now. it's too high

Posted by impreza2388 > 2014-08-01 16:20 | Report Abuse

Usah bimbang. Std answer will be replied.

kaliawke

674 posts

Posted by kaliawke > 2014-08-01 16:28 | Report Abuse

new shareholders emerge soon

Tripaka

2,935 posts

Posted by Tripaka > 2014-08-01 17:25 | Report Abuse

This stock has been cornered.

pjtang13

60 posts

Posted by pjtang13 > 2014-08-01 18:44 | Report Abuse

Recently, a broker house raised the TP to >RM7, so till has much upside to go!!

kytan

2,862 posts

Posted by kytan > 2014-08-01 19:41 | Report Abuse

If aluminum price continue up, this share easily can more than RM 10, from april until now already up RM 3 in 4 month time, everage 0.75 per month..and the TP keep on change to higher TP. Latest is RM7.38 by RHB. look like will break on Oct 2014. By looking the Aluminum Historical Charts - LME Stocks, it will be lowest than 2010 end of this year..which mean the price will go to 1.2 USD/ lb..now only 0.87 USD/lb. http://www.kitcometals.com/charts/aluminum_historical.html
buy at your own risk.

kytan

2,862 posts

Posted by kytan > 2014-08-01 19:49 | Report Abuse

1st apr 2.26, 1st Aug 5.77, 4 month up 3.51= 0.8775. So scary.

Joel

4,580 posts

Posted by Joel > 2014-08-01 20:38 | Report Abuse

3 situation will happen on next Monday:
a. Correction price.
b. Correction price but then rebound back ( fr red to green )
c. Continue to bullish toward RM6.00. (50% 50%@ half chance )

kytan

2,862 posts

Posted by kytan > 2014-08-01 20:44 | Report Abuse

d. consolidate for 4 to 5 days and shootup again

TheThird

162 posts

Posted by TheThird > 2014-08-02 13:20 | Report Abuse

They have recovered from a loss this year. Still a promising future for them?

Joel

4,580 posts

Posted by Joel > 2014-08-02 14:52 | Report Abuse

If really aluminium price continue to go up,
I will add some more 5000 units@PMETAL next week.
Hard to predict next Monday, consolidate for 4 to 5 days might happen but maybe not.

kytan

2,862 posts

Posted by kytan > 2014-08-02 16:19 | Report Abuse

Just check top 16 holder for pmetal take up 55% of share, corporate & institute take 14%, mean still have 30% on public but hard to see this 30% flow on market...mean a lot buyer buy and hold this share for long term. Should be good news to investor.

wkkht

957 posts

Posted by wkkht > 2014-08-02 16:25 | Report Abuse

joel 星期一买进会不会太辞?

Joel

4,580 posts

Posted by Joel > 2014-08-02 20:47 | Report Abuse

我觉得很难讲,如果price correction 8 cent - 12 cent,
那么我会进2 lots. if correction 15- 20 cent, I think will add another 3 lots. ( my stretegik only ).

2nd condition, if really bullish like 1.8.2014 yesterday above or near to RM6.00,
Then I add 2 lots directly.
Once fr green turn to red, I will add another 3 lots.

3rd condition, add 5 lots directly ( 不管它是上或下,那就不用想这个那个, 买了就算了).

In 31.7.2014 Thursday, RHB Cover report juz came out fr oven ( 新鲜出炉)
那时不太多人知道。今天华文报纸也没卖这新闻。
( fr internet right now 8:48 pm, Malaysia Biz Business, The new strait Time, Kinibiz also dint talk about PMETAL )
今天或拜一应该会刊登在经济版。

不要想这样多,wkkht.
Price up or down is mostly depend on market & big fish or big fund & maket global.

wkkht

957 posts

Posted by wkkht > 2014-08-02 21:46 | Report Abuse

谢谢!很详细

Posted by impreza2388 > 2014-08-04 09:08 | Report Abuse

又在冲了

hongwei

147 posts

Posted by hongwei > 2014-08-04 09:14 | Report Abuse

Today TP RM6.20-RM6.30

Posted by impreza2388 > 2014-08-04 09:14 | Report Abuse

破六

kaliawke

674 posts

Posted by kaliawke > 2014-08-04 09:21 | Report Abuse

UMA ?

wkkht

957 posts

Posted by wkkht > 2014-08-04 10:24 | Report Abuse

在高人指点下RM5.85进5000股

shlyw

719 posts

Posted by shlyw > 2014-08-04 11:05 | Report Abuse

RHB PRICE TARGET RM7.38
http://klse.i3investor.com/servlets/ptres/24296.jsp

shlyw

719 posts

Posted by shlyw > 2014-08-04 11:19 | Report Abuse

The stock price will go up

hongwei

147 posts

Posted by hongwei > 2014-08-04 12:10 | Report Abuse

听pmetal的员工说当股价上到RM7.00以上公司会公佈派发红股,不知道可信度有多高?

Joel

4,580 posts

Posted by Joel > 2014-08-04 12:24 | Report Abuse

wah , near to RM6.00 !
really get shock juz now !

happy123

213 posts

Posted by happy123 > 2014-08-04 12:29 | Report Abuse

i starte selling my CA, LA few months ago, latest transactions was just 2 weeks ago, total of about 100 lots and that cost me > than MYR250k. i will hold on to my remaining 100 lots of mother share till it hit MYR6.50

Posted by impreza2388 > 2014-08-04 14:08 | Report Abuse

Joel 你还在追吗? 你的徒弟也发了。。

hongwei

147 posts

Posted by hongwei > 2014-08-04 14:13 | Report Abuse

impreza2388 HOLD着还会上。

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