PRESS METAL ALUMINIUM HOLDINGS BERHAD

KLSE (MYR): PMETAL (8869)

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Last Price

5.36

Today's Change

+0.12 (2.29%)

Day's Change

5.25 - 5.38

Trading Volume

3,711,700


18 people like this.

15,895 comment(s). Last comment by Augustine 4 days ago

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-07-04 20:10 | Report Abuse

i going ask my remisier tmrw. if tf peter talk true then amen. if not, all my money gone n going suicide n hunt hunter

RJ87

5,118 posts

Posted by RJ87 > 2017-07-04 21:01 | Report Abuse

Everybody talk about good fundamentals. BUY BUY BUY.

Does anybody wants to talk about when to sell and realize profit?
I never see them anywhere. Except from books.

TF Peter

532 posts

Posted by TF Peter > 2017-07-04 21:11 | Report Abuse

When to sell depends on how much u want to earn. Please do not get me wrong. " like " rocketing high. It's everyone dream to have ptice up every day., isn't? A matter of expression with a positive mind and hope.

Hunger

1,292 posts

Posted by Hunger > 2017-07-04 21:25 | Report Abuse

RJ87.so how much did u lose d at lbalum?hehe."Good PE"

moneykj

6,112 posts

Posted by moneykj > 2017-07-05 08:50 | Report Abuse

meistsk3134 Lucky no buy. See it drop on friday hahahah.. ijacob? More bad luck
01/07/2017 17:43

@meistsk3134, yesterday Ijacobs no bad luck. Today got good luck or not?

wsngsj

32 posts

Posted by wsngsj > 2017-07-05 10:38 | Report Abuse

next monday relist as press metal aluminium?

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-07-05 11:51 | Report Abuse

holy mama no buy ... damn

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-07-05 11:53 | Report Abuse

anyway i have no bullet. all bullet go pmetal

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-07-05 15:57 | Report Abuse

alcom can reenter?

RJ87

5,118 posts

Posted by RJ87 > 2017-07-05 19:09 | Report Abuse

Hunger, ZERO. That's what counter with low PE can offer me. =P
Hopefully, it doesn't drop below 0,8. Set sell call at 0.795. Sigh...blardy BOD, if they had choose to settle the tax next quarter.

PMetal last QR result was not great, that's why it quickly correct to PE18.

TF Peter, if price keep going up. Someone is buying at higher price. If the price goes higher, the one who sold lost opportunity to make more money. If the price comes down, the one who bought lose money. What do you think about scenario like this?

Posted by Gabriel Khoo > 2017-07-05 19:14 | Report Abuse

PMA’s entire issued and paid-up share capital of RM943,397,512 comprising 3,733,639,927 ordinary shares and 305,201,443 warrants in PMA will be admitted to the Official List of Bursa Securities in place of PMB. The listing of and quotation for the PMA Shares and PMA Warrants on the Main Market of Bursa Securities will commence at 9.00 a.m. on Monday, 10 July 2017, on a “Ready” basis pursuant to the Main Market Listing Requirements of Bursa Securities. The PMA Securities will be listed on the “Industrial Products” sector of the Main Market of Bursa Securities.

Hunger

1,292 posts

Posted by Hunger > 2017-07-05 19:39 | Report Abuse

@RJ87-u sound a but tensed at lbalum counter.hope ur way of playing share works for u.like i say,bursa market always surprise ppl in many way.u can predict and calculate using ur method,but its the market sentiment that move the share.0.92 drop till 0.8.thats quite a hit for anyone that follow your recommendation

moneykj

6,112 posts

Posted by moneykj > 2017-07-06 08:36 | Report Abuse

I bot Johan yesterday.

alpacino

385 posts

Posted by alpacino > 2017-07-06 10:59 | Report Abuse

Moneykj - still can buy IJacobs - pls advise. Newbie in forum.

alpacino

385 posts

Posted by alpacino > 2017-07-06 11:00 | Report Abuse

Have been following You

Posted by Gabriel Khoo > 2017-07-06 14:28 | Report Abuse

THREE executive directors of Press Metal Bhd raised their individual stakes slightly in the integrated aluminium manufacturer, collectively acquiring 22 million shares on June 16. That day, 23 million shares changed hands in four direct deals off market at RM2.70 each, just above the RM2.68 they fetched on the open market.

The trades happened ahead of the stock’s suspension on June 19 to facilitate a proposed share swap between the company and Press Metal Aluminium Holdings Bhd as part of an internal reorganisation.

According to filings, Datuk Koon Poh Tat and Koon Poh Kong bought six million shares each while Koon Poh Weng bought 10 million. Poh Tat now holds a direct 3.21% stake in the company while Poh Kong and Poh Weng hold 2.51% and 4.15% respectively. They are also deemed interested in shares held by their respective spouses.

Press Metal’s share price rose to an all-time high of RM2.913 on April 28. Closing at RM2.68 last Tuesday, the stock was up 70.48% year to date.

The rally in the share price was likely due to its improved earnings in FY2016 ended Dec 31. The company posted a record revenue of RM6.65 billion, thanks to increased production, higher aluminium prices and the strengthening of the US dollar against the ringgit, while net profit surged 265% year on year to RM483.57 million. In 1Q2017 ended March 31, net profit rose to RM148.05 million from RM94.56 million during the same period last year.

RJ87

5,118 posts

Posted by RJ87 > 2017-07-06 15:55 | Report Abuse

Hunger, I will own that up if someone did collect at 0.92.
LBAlum BOD f*cked me over. Else, really easy money. Ofcos angry la! My 10% profit in a week just went down the drain. Now, it has become tan gu gu game. =D

Was getting skeptical already when they delay the report till friday noon.
Gut feelings says something no right, good report won't delay so long. Unless you staging a selldown. I guess greed over ruled my rational. too bad.

Mr. Market very emotional. It takes 1-3 weeks for the market to digest a good result and good prospect. But it only take 5 minutes to jump in conclusion result is bad result. The mood is worse that any GF I had. What the hell?

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-07-06 22:11 | Report Abuse

See lb chart. It too higg already. Roller coaster

moneykj

6,112 posts

Posted by moneykj > 2017-07-06 22:19 | Report Abuse

meistsk3134, Johan boleh pakai? My hantam counter after Ijacobs.

moneykj

6,112 posts

Posted by moneykj > 2017-07-07 11:41 | Report Abuse

Today go to hantam Ijacobs n Johan for next week.

happy123

213 posts

Posted by happy123 > 2017-07-07 15:18 | Report Abuse

who wants to make a guess on the price when trading resume next week? Al price has re-bounced in the last 1 week

moneykj

6,112 posts

Posted by moneykj > 2017-07-07 18:16 | Report Abuse

Guess guess no harm, I guess open at 2.80.

kevin008

1,360 posts

Posted by kevin008 > 2017-07-07 18:38 | Report Abuse

10/7 open or 11/7 open?

happy123

213 posts

Posted by happy123 > 2017-07-07 23:11 | Report Abuse

There isn't any particular big news during the last 3 weeks. My guess will be between 2.70 to 2.73

Hunger

1,292 posts

Posted by Hunger > 2017-07-07 23:27 | Report Abuse

Winter is coming im few more months.also G20 summit USA will pressure china to reduce production and china will control its pollution.TP Rm3

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-07-08 00:30 | Report Abuse

election coming. mostly all share are drop

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-07-08 00:30 | Report Abuse

yesterday zahid announcement electiob near. today most market srop

pilot20

138 posts

Posted by pilot20 > 2017-07-08 12:10 | Report Abuse

going to resume trading but my holdings of pmetal is still not appearing in my brokerage account

Peng1185

283 posts

Posted by Peng1185 > 2017-07-08 12:38 | Report Abuse

Pilot20, how to check the number of shares in your account?

Hunger

1,292 posts

Posted by Hunger > 2017-07-08 12:54 | Report Abuse

Check at live portfolio on monday

pilot20

138 posts

Posted by pilot20 > 2017-07-08 14:07 | Report Abuse

ok thanks @Hunger. @peng1185 login to your trading acc and then to your portfolio

Peng1185

283 posts

Posted by Peng1185 > 2017-07-08 20:24 | Report Abuse

Pilot20 thanks, maybe can check with my remisier

salman

1,554 posts

Posted by salman > 2017-07-09 20:57 | Report Abuse

open at 1.35 lah...then all the way up

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-07-09 21:16 | Report Abuse

open at 1.35? wow too much rugi. wtf. should sell it rebuy

salman

1,554 posts

Posted by salman > 2017-07-09 21:19 | Report Abuse

don't forget 1:1 split

Hunger

1,292 posts

Posted by Hunger > 2017-07-09 21:56 | Report Abuse

Salman.its 1:1 exchange not split

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-07-10 08:47 | Report Abuse

pmetal today or tomorrow?

Posted by jack daniel > 2017-07-10 08:58 | Report Abuse

today lor

Hunger

1,292 posts

Posted by Hunger > 2017-07-10 08:59 | Report Abuse

today

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-07-10 09:04 | Report Abuse

so just let my remisier know or it auto already in my status. i overseas cannot view my status

Wilson Ng

27 posts

Posted by Wilson Ng > 2017-07-10 09:13 | Report Abuse

pmetal is back!

tony__kow

265 posts

Posted by tony__kow > 2017-07-10 09:31 | Report Abuse

buy buy buy

Sthuat

34 posts

Posted by Sthuat > 2017-07-10 11:32 | Report Abuse

big trap....be aware

Hunger

1,292 posts

Posted by Hunger > 2017-07-10 11:41 | Report Abuse

only thing i need to be aware is ur foul mouth.do that again and i'll attack ur counter as well @sthuat

Sthuat

34 posts

Posted by Sthuat > 2017-07-10 13:57 | Report Abuse

be aware of your words. tq

TF Peter

532 posts

Posted by TF Peter > 2017-07-10 15:03 | Report Abuse

Patience. Still hold tight.

TF Peter

532 posts

Posted by TF Peter > 2017-07-10 16:20 | Report Abuse

Low buying rate.

Posted by Wonderwoman888 > 2017-07-11 09:52 | Report Abuse

Suspended for so long, now still quiet. =.=

LilyLL

661 posts

Posted by LilyLL > 2017-07-11 15:31 | Report Abuse

After suspended Pmetal drop like rocket. I think no hope up again

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