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

TF Peter

532 posts

Posted by TF Peter > 2017-07-11 16:31 | Report Abuse

OMG. What happen to my beloved counter?

magus

397 posts

Posted by magus > 2017-07-11 17:21 | Report Abuse

just the usual correction; fundamentals haven't changed, the stock is still solid with alum prices still bullish and operating efficiencies and logistics improving. don't panic.

Posted by FarmbesFlyer > 2017-07-11 19:01 | Report Abuse

Cheap cheap ! Buy and hold till next quarter financial result !

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-07-11 20:05 | Report Abuse

Cheap? 2.62 high price

Hunger

1,292 posts

Posted by Hunger > 2017-07-11 20:31 | Report Abuse

If high pls sell.let other ppl buy and let it rocket up :)

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-07-11 20:33 | Report Abuse

2.62 too high as the bonus issue already given.

Hunger

1,292 posts

Posted by Hunger > 2017-07-11 22:34 | Report Abuse

If u think too high.sell,then keep ur money in bank fix deposit.that one forever low

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-07-12 08:48 | Report Abuse

2.62 too high

Bizfuneng

883 posts

Posted by Bizfuneng > 2017-07-12 09:02 | Report Abuse

2.62 too high? Can you share your estimation why?

plaxo 88

150 posts

Posted by plaxo 88 > 2017-07-12 09:49 | Report Abuse

Bizfuneng, how did you come to that conclusion. It will be good education for the rest. Pls explain. Thks.

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-07-12 11:36 | Report Abuse

Some1 say look at pe? Who tat guy

Posted by Gabriel Khoo > 2017-07-12 13:00 | Report Abuse

Here for us to share the informative info and share on anlyst with supporting info other thing just keep for ourself

Bizfuneng

883 posts

Posted by Bizfuneng > 2017-07-12 13:42 | Report Abuse

Plaxo 88 - it not my conclusion. It was reported in RHB 19 May report that estimated share value using fully diluted DCF/share RM3.66 with asummption WACC 8.2% and TGrowth rate of -2.0.

Hunger

1,292 posts

Posted by Hunger > 2017-07-12 16:02 | Report Abuse

meistsk3134,PE is for guidance only.doesnt reflect a sure 100% thing.u dun believe u go try lor.later u dun cry thats all

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-07-12 16:27 | Report Abuse

pmetal tetap bole... wait next year then. rest 3 monthng stop looking at it. i go other counter

kevin008

1,360 posts

Posted by kevin008 > 2017-07-12 18:33 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5484761

Boss bought another 10m woh hehe

Hunger

1,292 posts

Posted by Hunger > 2017-07-12 19:34 | Report Abuse

Expected.30 mil share bought,prolly more coming.until they finish buying then the price will go up

Bizfuneng

883 posts

Posted by Bizfuneng > 2017-07-12 19:43 | Report Abuse

wow.......I can sleep very well.

12-Jul-2017 Insider MADAM CHAN POH CHOO (a substantial shareholder) acquired 10,000,000 shares on 11-Jul-2017.
12-Jul-2017 Insider MR KOON POH WENG (a substantial shareholder) acquired 10,000,000 shares on 11-Jul-2017.
12-Jul-2017 Insider MR KOON POH WENG (a company director) acquired 10,000,000 shares on 11-Jul-2017.

Awet91

1,934 posts

Posted by Awet91 > 2017-07-13 00:43 | Report Abuse

Im looking foward for pmetal to split then all in,now im waiting jhm heheh

Hunger

1,292 posts

Posted by Hunger > 2017-07-13 07:15 | Report Abuse

Haha awet.am waitng for some annoucement too

tony__kow

265 posts

Posted by tony__kow > 2017-07-13 09:30 | Report Abuse

buy...next year tp:4.00, this year 3.5

Awet91

1,934 posts

Posted by Awet91 > 2017-07-13 10:22 | Report Abuse

Hunger need patient.hope good news from pmetal,now jhm already split but still waiting for the good price to enter.

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-07-13 12:01 | Report Abuse

Good news anyone

alpacino

385 posts

Posted by alpacino > 2017-07-13 12:34 | Report Abuse

we wait for fresh news from moneykj and telusdansuci. if they quiet pmetal also quiet ....

Bizfuneng

883 posts

Posted by Bizfuneng > 2017-07-13 12:35 | Report Abuse

When Insiders buying in big volume is a good news.

Hunger

1,292 posts

Posted by Hunger > 2017-07-13 13:27 | Report Abuse

@awet,jhm?u ikut guide Tn hj asri?saw him mention pmetal and jhm

RJ87

5,118 posts

Posted by RJ87 > 2017-07-13 13:33 | Report Abuse

I help them...I help them...
PMetal boleh dan tetap boleh...happy? =D

meistsk3134, that would be me.
PE varies from sectors and what market deemed safe. Logistics/Tech trades at very crazy high PE, investment industry trades at crazy low PE. Airasia is pretty darn low. PE 6 with EPS 53sen.
Near term catalyst for AirAsia is commonwealth games. It's gonna report another sick earnings next coming quarters. Why is it not trading at PE18? My take is, Mr. Market doubts if Airasia can maintains it's 18sen EPS per quarter.

Let say Counter A has 10 bros in similar business called Counter B-K. They all trade at PE 10. total EPS 10sen for 4 rolling quarters for every dollar or 100sen investment/Price. Suddenly Counter A trades at PE20. Any person in the right mind would ask, why people are willing to buy 2 times more expensive than EPS for any other counter. The reason could be "news" that earnings will improve. For PE to back down to PE10, Counter A with PE20 trading at RM2.00 with EPS 10sen from QR report will have to earn EPS 20sen the next quarter or coming quarters to come.

Now, how to get EPS 20sen. It could be Case 1: 3sen, 3sen, 3sen for 3 quarters in the past and then suddenly 11sen the next quarter. Or Case 2: next 4 quarters with 5sen, 5sen, 5sen, 5 sen.

Hence, PE is an inverse function of EPS. Case 1 is unlikely. Case 2 is probably the case for PMetal. Based on the good news, it's foreseeable that EPS will improve for PMetal in coming quarters, hence the relatively higher PE now. Let say case 2 happens to Counter A, EPS improves to EPS 20 and Mr. Market willing to trade at PE 12-14 a year later. That would be RM2.40-RM2.80, 20%-40% return from a price you bought at RM2.00 a year earlier at PE 20.

I agree with Hunger that it's a not sure thing. For a Pmetal to leap it's EPS from 4 sen to 8 sen,
most straight forward way into increase production from 760000 tonnes to 1520000 tonnes. That doesn't happen overnight. If it does, EPS 32sen a year later. You can do your calculation on your earnings yourself a year later at any PE you like. That's gonna be handsome return anyway.

In the end of the days, any investors...ANY with common sense would want to buy a companies earning at lowest price. That means crazy low PE and crazy high ROE and guaranteed future? Where to find? That's knowledge you may acquire if you spend your time reading 900 pages a day like Warren Buffet or Charlie Munger.

TL;DR: Ideal case is, crazy improvement on EPS at low PE. Or else, crazy high PE must have crazy improvement on EPS. Do your own judgement on the price on the earnings this company you are willing to pay for.

Hunger

1,292 posts

Posted by Hunger > 2017-07-13 13:45 | Report Abuse

Lets make it simple meistsk3134.u sell ur 50 lot off and follow RJ87.happy for u and happy for us.cos we dont have to hear u grumble everyday.and since u are so willing to listen and trust to ur tai korr,u should go grab this opportunity to join him

Hunger

1,292 posts

Posted by Hunger > 2017-07-13 13:46 | Report Abuse

But if din earn dun look for me.not my fault

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-07-13 14:51 | Report Abuse

sell at rugi price? nah... how bout u compensate me?

Hunger

1,292 posts

Posted by Hunger > 2017-07-13 15:16 | Report Abuse

since u kao beh kao bo then sell lor,go follow ur dai kor.simple.still want ask ppl compensate.hahahahaha wtf investor

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-07-13 17:12 | Report Abuse

funny le..

telusdansuci

1,689 posts

Posted by telusdansuci > 2017-07-13 19:54 | Report Abuse

Saya tidak percaya itu orang mempunyai lima puluh lot . Jika dia betul-betul mempunyai lima puluh lot dia tak akan memberi komen yang negatif terhadap kaunter sendiri . Sebenarnya itu orang adalah pengacau dalam forum Pmetal ini . Tepuk Dada Tanya Selera dalam peribahasa melayu . Bagi saya Pmetal tetap boleh dan memang boleh . Target price above Rm 3.00 just around the corner .

Posted by Gabriel Khoo > 2017-07-13 20:33 | Report Abuse

LONDON, July 13 (Reuters) - Aluminium rose nearly 3 percent on Thursday as concerns over potential supply curbs in number one producer China sparked a rally in the metal.

Talk that more capacity cuts were on the way in China fed into broader-based concerns over slowing output to push prices higher, analysts said. An industry association said last month that China will launch a crackdown to curb illegal expansion of aluminium capacity.

"This is all about the looming cutback to Chinese supply growth, due to both the current investigation into illegal capacity, and in the medium to longer term the expected slowdown in Chinese capacity growth," Julius Baer analyst Carsten Menke said. "Demand is not the issue -- it's all about supply."

London Metal Exchange warehouse inventories hit their lowest since 2008 this week.

* ALUMINIUM PRICES: Three-month LME aluminium was untraded in official midday rings, but was last bid up 2.1 percent at $1,928 a tonne. Earlier it hit a peak of $1,943.

* INVENTORIES: Aluminium stocks in LME warehouses MAL-STOCKS fell another 6,525 tonnes, data on Thursday showed, taking them back towards this week's near nine-year low.

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-07-13 20:54 | Report Abuse

https://tradingeconomics.com/commodity/aluminum
aluminium where got 1928?
and telus so stupid, i hold much i am the worrying guy. it money not your god money

Posted by Gabriel Khoo > 2017-07-13 21:24 | Report Abuse

Go find our yourself. Current one is 1926

Awet91

1,934 posts

Posted by Awet91 > 2017-07-13 21:33 | Report Abuse

Hunger,yes sya follow tn hj asri but price skrg msh tggi lg jd tggu trun smpai 2.2 bru blh collect.hrp2 performance dia mcm taun lps.1 year achrve more then 100%

Hunger

1,292 posts

Posted by Hunger > 2017-07-13 21:45 | Report Abuse

Gab...no need explain so much to him.he wun appreciate it.u know i know enuf d

moneykj

6,112 posts

Posted by moneykj > 2017-07-13 22:40 | Report Abuse

Meistsk is kancheong guy. If you buy one counter only, you have to wait its turn. I still very confident with Pmetal. It's my main investment. I believe Pmetal will break 3.00 in short term. While waiting Pmetal, I also buy other counters. Last week I asked to buy Ijacobs n Johan got follow or not?

Winmore88

1,165 posts

Posted by Winmore88 > 2017-07-13 22:50 | Report Abuse

moneykj sifu, thanks for ur post. Make some money.

Hunger

1,292 posts

Posted by Hunger > 2017-07-13 22:53 | Report Abuse

U better dun..later he blame u for all his investment.if earn not even a thank you

Awet91

1,934 posts

Posted by Awet91 > 2017-07-14 09:12 | Report Abuse

Ijacob and johan also good but need to wait lower now up up already

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-07-14 09:15 | Report Abuse

where got so much bullet...

wfcc

19 posts

Posted by wfcc > 2017-07-14 12:29 | Report Abuse

sifu moneykj - thank you so much for Ijacob & Johan. make some $$

kevin008

1,360 posts

Posted by kevin008 > 2017-07-14 15:31 | Report Abuse

2.70 boss also buy alot..scare wat woh

TF Peter

532 posts

Posted by TF Peter > 2017-07-14 16:35 | Report Abuse

Small volume eventhough increase for 2 dsys. Will it last?

Hunger

1,292 posts

Posted by Hunger > 2017-07-14 21:04 | Report Abuse

sabar telusdansuci,macam dulu dulu pun ada.macam macam pernah jumpa dah

telusdansuci

1,689 posts

Posted by telusdansuci > 2017-07-15 07:35 | Report Abuse

Minta maaf ya semalam punya hal . Sorry .

Posted by smart168 > 2017-07-15 10:27 | Report Abuse

hi i m new user , do u guys heard of fpgroup ?

RJ87

5,118 posts

Posted by RJ87 > 2017-07-16 17:28 | Report Abuse

Follow moneykj, his mid-long term stock pick not bad. This is a long term counter.
Like super long term as it's trading at PE18. No point making pundit comment here and there.

Don't come and brag 3 sen up or complain 5 sen down. That's stupid thing to do la.
You only do that with ANZO, not PMetal.

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