Posted by kelly0330 > 2013-08-14 23:18 | Report Abuse

any idea on this stock?? seem not moving...sad...

Posted by pvd_investor > 2013-08-15 00:41 | Report Abuse

yeah not moving and no news too...thinking of cutting loss and shifting the investment else where

Posted by bigFAT > 2013-08-17 08:17 | Report Abuse

RM 0.65 likely

Posted by Joeylee > 2013-08-18 11:11 | Report Abuse

Koon's wife keeps buying on it when people selling it. No use when all people are losing confidence. Only wait to see the next year annual report whether they are making money or not. Sumitomo would not invest in if they are not making money so they most probably would wait again. I would like to see the quarterly report again to analyze it.They are expanding again in building a mining plant in indonesia while they are short of cash flow. Very interesting to see whether they could pass through in this crisis. Bintulu plant is just only started the operation this year so they would not announce to news because there is no record yet of profit and loss. Making money ??? Its pattern is so similar to Lion group (amsteel) keep expanding until they could not manage it. But however Press Metal is the only smelting plant in malaysia. No competitor anyway. If all the china smelting plants are close due to coming recent economy crisis, PM certainly will have good market view in future and as well as its stock. Interesting huh...

Posted by Joeylee > 2013-08-18 11:17 | Report Abuse

warrant 0.5

Posted by ladzatz > 2013-08-21 23:57 | Report Abuse

stock press metal
Technical Event® Alerts by RHB
Intermediate-Term Bearish
TP 1.79 - 1.89

Posted by Joeylee > 2013-08-28 20:33 | Report Abuse

It is falling as predicted. :-) Fundamental is more important than technical analysis. hurry 1 ringgit. Most probably 50 cents also possible.. Pattern is so similar to Lion group.

Posted by chengyee > 2013-08-28 20:39 | Report Abuse

Fundamentally...What pattern are you referring to?

Posted by Joeylee > 2013-08-29 09:42 | Report Abuse

stock Chart pattern Lion group and Expanding Plan (Amsteel to Megasteel). Regarding to the power to PM. It consumed most 70% of entire sarawak power. I do not know how many years contract they signed with SEB not to increase the price for electricity. PM is counted a big fish to SEB. How do they going to play with this big fish if contract is about 10 years ? 3 years contract ? If yes, profit will drop tremendously. Aluminium price still not yet rise. I still foresee the price will drop to 1500. Bintulu plant remains the key player. Making money ???. Sumitomo is targetting at this Bintulu plant. Next quarter i still counted it will fall until March 2014. See how far it goes this coming quarter.

Posted by tonywong8 > 2013-09-01 23:51 | Report Abuse

PM signed agreement with SEB at 11 cents per Kwh and 1.5% compounded increased yearly. Similarly, SEB signed with Bakun Power producer at 6.3 cents per Kwh with 1.5% increase yearly. The agreement is inforced for 25 years. To produce a kg of aluminium from alumina requires about 15.5 Kwh. The Samalaju Plant is using latest technology and it can save 10% of the energy consumption. So the cost of utility for a kg of aluminium is 11 cents x15.5 x0.9=Rm1.54 per kg of aluminium. Samalaju plant has a capacity of 300,000,000 kg and just utility cost alone is Rm 462 million. However, in China, the world biggest producer of aluminium, the cost of electricity is RMB 0.6 or 32.4 cents Ringgit or Rm 4.52 per kg of aluminium( At Rm 3.30 to USD). PM has about 200000 Mton capacity of aluminium production lines in China and 90000 Mton in Malaysia.
China is also world number one consumption of aluminium and PM is in his market. Just the utility advantage alone is already few hundred Million Ringgit and Ringgit is depreciated quite significant lately, it's also added value to PM. When Aluminium price pick up, PM is definitely is in good buy. Also, Samalaju Plant is built next to Bintulu Samalaju Port which is only 2 to 3 Km away. The port can only be ready at about 3 years from now. By the time, the transport cost for raw and finish product( inland) can be significant or at least more than Rm 100 per Mton as compared to now which has Bintulu Port is about 60 Km away.

Posted by Joeylee > 2013-09-07 11:31 | Report Abuse

China plant is close already.. Left Bintulu and Mukah.

Posted by tonywong8 > 2013-09-08 16:48 | Report Abuse

Smelting plant at China was closed is better to PM. It was not cost efficiency any way. Is the extrusion of aluminium products of 150000 Mton is in operation in China?

Posted by Joeylee > 2013-09-14 15:04 | Report Abuse

China plant is making a loss after closing and it not a matter of whatsoever MegaTon. My calculation it will reach RM1.00 in next year september. Anyway this counter is not good for long term investment. Only good for scalping.

Posted by trump2013 > 2013-09-20 08:16 | Report Abuse

time to go higher 2.50..

Posted by tonywong8 > 2013-09-24 22:13 | Report Abuse

Good move to sell smelting plant at China and exchange for extrusion business. The cheap cost of aluminium raw product from Samalaju Plant can ship to China is definitely advantage.

Posted by Joeylee > 2013-10-08 18:56 | Report Abuse

Is that really true that PM can sell the aluminum to China market ? What I heard China has their own import protocol in order to protect their own aluminum manufacturing.

Posted by novandjan > 2013-10-11 16:59 | Report Abuse

any news ? shooting up.

Posted by Ong Chong Sin > 2013-10-14 23:27 | Report Abuse

Be patient this stork will perform well in early 2015 after both plants running at full capacity

Posted by kelly0330 > 2013-10-23 07:25 | Report Abuse

Think this stock can keep for long term

Posted by Joeylee > 2013-10-25 20:21 | Report Abuse

It shoot up because the quarterly report still earning. Now the mukah pm starts up the pot one by one. Full running will be on 2015 and the annual report will come out on march 2014. Somebody tried to push it up for current move but not so strong. It still can rally down. March 2014 will be the best moment to enter.

Posted by novandjan > 2013-10-30 10:23 | Report Abuse

profit taking at 2.49...

Posted by jkngo2003 > 2013-10-30 15:11 | Report Abuse

buy the warrant. u see at 5/6/2013. the mother share is rm 2.50 and the warrant reach around 0.88. but now the warrant only 0.795. the share is always be propotional one. dont care on the high exercise price and the due date for warrant still far far away.

Posted by Ong Chong Sin > 2013-10-30 18:20 | Report Abuse

When sumitomo become a partner confidence will built up

Posted by alexanderSingapore > 2013-10-31 10:31 | Report Abuse

if the market value for Aluminium goes up, the prospect for pmetal will be marvelous................

Posted by tonywong8 > 2013-11-01 23:12 | Report Abuse

Sumitomo is buying 20% of Samalaju plant at only Rm 444M. Any way, it is still good to PM.

Posted by trump2013 > 2013-11-03 15:32 | Report Abuse

Press Metal said Sumitomo would become a substantial shareholder and strategic partner of PMBSB....

Posted by ST > 2013-12-18 11:37 | Report Abuse

Confirm...brighter prospect!!

Posted by tonywong8 > 2014-01-12 21:49 | Report Abuse

I went to Samalaju port yesterday and Phase 1 construction is near completion. Break water and wharf contract had been awarded and construction is in progress. Conveyor belt facility is under tendering stage. The whole project expected to complete in three years plus time. By the time, the raw Alumina which is imported upto 640,000 ton per annum can directly transport to the Press plant instead of at present using Bintulu Port where located about 60 Km away. The finish product, Aluminium ingot (320000 ton) can also send out through the Port which is only 2 to 3 Km away. The saving of transportation cost can be quite significant as compared to present. If we assumed saving of Rm 40.00 per ton, the saving may reach Rm 38 million per annum.

Posted by buffet88 > 2014-03-28 11:10 | Report Abuse

Great stock with high target value. Fundamentally strong.

Posted by ST > 2014-04-02 13:49 | Report Abuse

awaiting for great opportunity

Posted by Hearsay > 2014-04-04 11:20 | Report Abuse

Looks like a good stock to invest ?

Posted by WahHaaHaa > 2014-04-04 15:04 | Report Abuse

Wack it, !
SOMETHING BREWING !
TARGETING RM3.50 !

Posted by duitkwspkita > 2014-04-10 13:41 | Report Abuse

......duitKWSPkita fully support PMETAL.........
join me to harvest 40% gain from PMETAL-WC.

happy trading!

Posted by tasoke > 2014-04-10 13:49 | Report Abuse

cooleye Promoted

Posted by duitkwspkita > 2014-04-10 14:05 | Report Abuse

Hi Tasoke.

who is cooleye? Is he did some analysis on PMETAL?

Posted by tasoke > 2014-04-10 14:16 | Report Abuse

http://klse.i3investor.com/blogs/newcoldeye/blidx.jsp

Posted by duitkwspkita > 2014-04-10 14:31 | Report Abuse

Sorry sorry. Didn't know was promoted by somebody else. My bad. I jz remove it.

anyway, happy trading!

Posted by Ong Chong Sin > 2014-04-10 21:51 | Report Abuse

All the bad news already over . Aluminium price is going up hence bottom line will increase

Posted by duitKWSPkita > 2014-04-10 22:22 | Report Abuse

I dont think the share price pick up due to "bad news over" and "aluminium price increased".

You guys know the answer well. If not LBALUM will shoot up faster and more compared to these smelting production and SCORE boosted company.

anyway, wish u huat huat huat always.

Happy trading!

Posted by tonylim > 2014-04-11 08:39 | Report Abuse

Breakout?

Posted by duitKWSPkita > 2014-04-11 09:55 | Report Abuse

so happy to see PMETAL rising.

Posted by ST > 2014-04-11 11:29 | Report Abuse

coming....TP3.00

Posted by rikki > 2014-04-11 13:22 | Report Abuse

Conrat....good money here. lt's look at LBA....similar business with Press Metal.
LB Aluminium - Shares may be undervalue currently trading at 6 times historical earnings while Press Metal & Tong Herr at 11.7 & 13.71 respectively. 1HFY2014 net cumulative profit at RM11.02 million ended Oct 31, 2013 & may match its FY2013 earnings by 3QFY2014. Share price at press time on Feb 19, 2014 RM0.615 - The Edge Weekly Newspaper dd Feb 24, 2014.

Posted by duitKWSPkita > 2014-04-11 16:14 | Report Abuse

congrad to all PMETAL investor.
awesome! perfect investment!

remember to donate more and more. Thanks

Posted by valuemaster > 2014-04-12 13:00 | Report Abuse

Aluminium price went up , tp 3.25, hold

Posted by tonywong8 > 2014-04-13 20:52 | Report Abuse

PM went up above history high and continue to go further. Big players entered market and small players taken profit. From lately announcements, may be there will be new exercise in the company.

Posted by cykoay > 2014-04-14 11:48 | Report Abuse

i agree with rikki, why LBA cannot fly high like PMetal?.

Posted by goldisgold > 2014-04-14 12:00 | Report Abuse

Bonus issue coming?

Posted by Joel > 2014-04-14 15:51 | Report Abuse

some profit taking now, ... but seem too early .
Pmetal - LA already at Rm2.88 more.

Mother , Pmetal should more than rm3.25.

Posted by Joel > 2014-04-14 16:00 | Report Abuse

Pmetal-La & Pmetal almost reach closer each other ,

Not shoild like that.

Pmetal's price should exceed Pmetal-La.

Impossible Pmetal-La exceed Pmetal ( mother share )