PRESS METAL ALUMINIUM HOLDINGS BERHAD

KLSE (MYR): PMETAL (8869)

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Last Price

4.64

Today's Change

-0.04 (0.85%)

Day's Change

4.61 - 4.70

Trading Volume

5,496,400


18 people like this.

15,935 comment(s). Last comment by SMInvest 1 week ago

Hunger

1,292 posts

Posted by Hunger > 2017-08-09 14:22 | Report Abuse

3.40 maybe tomorrow.today aim 3.30

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-08-09 14:24 | Report Abuse

wait slow2.... since alu price so high

anonboy

491 posts

Posted by anonboy > 2017-08-09 14:38 |

Post removed.Why?

Posted by CharmingMalaysian > 2017-08-09 14:41 | Report Abuse

Very Huat

Hunger

1,292 posts

Posted by Hunger > 2017-08-09 15:31 | Report Abuse

I release take profit first

ttmmww

115 posts

Posted by ttmmww > 2017-08-09 15:31 | Report Abuse

crazy volume today.. gogo

TF Peter

547 posts

Posted by TF Peter > 2017-08-09 15:33 | Report Abuse

Sold a few first n c.

mamipoko

98 posts

Posted by mamipoko > 2017-08-09 15:47 | Report Abuse

Resutls should be good ! but rally is likely because of the soar in Alum prices and the upgrade call from analysts.

Jingweihan

1,605 posts

Posted by Jingweihan > 2017-08-09 15:53 | Report Abuse

Who is buying?

Posted by jack daniel > 2017-08-09 15:53 | Report Abuse

ehehehehhe..... still keep my 134 lot from march........

Posted by jack daniel > 2017-08-09 15:55 | Report Abuse

my holding power strong.... thats why i gain..... fundamental stock

Jingweihan

1,605 posts

Posted by Jingweihan > 2017-08-09 15:55 | Report Abuse

Top volume!

AhSook AhKou

1,296 posts

Posted by AhSook AhKou > 2017-08-09 16:09 | Report Abuse

B very careful China is dumping Aluminium and USA imposing emergency tax accordingly ......... check out news fr CNBC !!!

telusdansuci

1,696 posts

Posted by telusdansuci > 2017-08-09 16:12 | Report Abuse

Pmetal sudah berapa lama tidak naik ? Baru naik sedikit sahaja sudah kata tinggi . I believe Pmetal still undervalue until now . Pmetal tetap boleh dan memang boleh . Pemimpin-pemimpin Pmetal tidak seperti pemimpin-pemimpin kaunter yang lain , percayalah . Terima kasih banyak-banyak , ya .

Bizfuneng

883 posts

Posted by Bizfuneng > 2017-08-09 16:14 | Report Abuse

Soon have to say bye2......come on PMetal up just little more.

Posted by jack daniel > 2017-08-09 16:19 | Report Abuse

engine baru start ma....... now alluminium rally just started........(just begining).......
tech n semiconductor rally mau habis.....(minyak mau habis)....
so now continued alluminium rally...... dont sell..... just hold or accumulate....... follow the wind.

LilyLL

661 posts

Posted by LilyLL > 2017-08-09 16:20 | Report Abuse

Still waiting break 3.30 today & Ssteel break record today

LilyLL

661 posts

Posted by LilyLL > 2017-08-09 16:51 | Report Abuse

Today closing 3.27 only hope 2moro continue up again

JayC

1,302 posts

Posted by JayC > 2017-08-09 17:01 | Report Abuse

the cotango for aluminium is very huge. There is a chance this rally in price can touch USD 2100!!!
It just need USDollar to weaken by 1 to 2%,, then price will shoot up

Young

11 posts

Posted by Young > 2017-08-09 17:03 | Report Abuse

Well done. 美好的一天

JayC

1,302 posts

Posted by JayC > 2017-08-09 17:06 | Report Abuse

@ today price of RM3.28, pmetal will officially be included in footsie bursa top 30 counter!!!! the very first industrial/production counter

Posted by jOe_bangsar > 2017-08-09 17:09 | Report Abuse

2morrow up

VenFx

14,784 posts

Posted by VenFx > 2017-08-09 17:18 | Report Abuse

True World class player keep on expanding .

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-08-09 17:49 | Report Abuse

Today PMETAL-CT is a new call-warrant issued by Ambank. Just like what happened to HengYuan-CA and Petron-CD (by RHB on 3 August 2017), the investment banks which issue the call warrants will support their prices for the first three days (for both the mother shares and the call-warrants). PMETAL will rally for another two more days.

Posted by talkyourkok > 2017-08-09 18:10 | Report Abuse

Yes correct. Insider news tomorrow goreng CT to 0.50.

Slimy

119 posts

Posted by Slimy > 2017-08-09 19:15 | Report Abuse

make sense

Posted by FarmbesFlyer > 2017-08-09 19:29 | Report Abuse

Rm 5 as expected !

Posted by FarmbesFlyer > 2017-08-09 19:29 | Report Abuse

Rm 5 as expected !

Bizfuneng

883 posts

Posted by Bizfuneng > 2017-08-09 20:19 | Report Abuse

RM5.....still too far away.

Posted by Bamforte > 2017-08-09 20:42 | Report Abuse

Pardon my ignorance, doesn't aluminium prices going up means pmetal's cost of goods going up too?

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-08-09 20:57 | Report Abuse

Dear Bamforte, PMETAL is the producer of pure aluminium, so if the price of aluminium goes up, its profit will go up. Not like LBALUM and ARANK which used aluminium as raw material. So, if the price of aluminium goes up, the profits of LBALUM and ARANK will be affected.

Posted by Hui Xin Sim > 2017-08-09 21:34 | Report Abuse

pmetal is upstream aluminium producer. doing smelting and some extrusion, if aluminium going up the price of alumina also going up. but because you sell aluminium at higher price pmetal actually benefit from that. for arank and lbalum they are sister company, and it is not a problem for them if aluminium is expensive, they will always transfer the cost to end customer... moreover they are indirectly benefited... you can read arank annual report for more info....

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-08-09 22:17 | Report Abuse

http://www.theedgemarkets.com/article/press-metal-12-aluminium-rises-above-us2000

Press Metal up 12% as aluminium rises above US$2,000.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-08-09 22:22 | Report Abuse

http://www.kitcometals.com/charts/aluminum_historical_large.html

Live aluminum price in USD/pound. Multiply by 2204.6 to convert to USD/tonne.

At 10:20 pm, it is USD(0.9168 X 2204.6) = USD2,021/tonne.

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-08-09 22:23 | Report Abuse

hunger already run away

Hunger

1,292 posts

Posted by Hunger > 2017-08-09 22:30 | Report Abuse

Lol.what makes u think so?

gohkimhock

3,128 posts

Posted by gohkimhock > 2017-08-09 22:45 | Report Abuse

A very fundamentally strong counter. Have been in my shortlist for the past 4 years.

JKWIN

50 posts

Posted by JKWIN > 2017-08-09 23:18 | Report Abuse

Good...........

Posted by Bamforte > 2017-08-10 00:11 | Report Abuse

8wpwtmt8 and Hui Xin Sim, thanks for the info.

Posted by Hui Xin Sim > 2017-08-10 00:29 | Report Abuse

Bamforte ...For further info you can ask moneykj and telundansi... they are the sifu here.... hunger also quite a lot of info.... moneykj even have a formula on how LME aluminium price and USD affect pmetal... you can see some ealier post... if you wish to know more... RHB research paper on pmetal is quite detail... don just see the TP.... i am holding Pmetal for 1 and half year... never stop adding bit by bit...

Crazy11223

825 posts

Posted by Crazy11223 > 2017-08-10 07:08 | Report Abuse

Will back to1.69, same as Malakoff

Jingweihan

1,605 posts

Posted by Jingweihan > 2017-08-10 08:16 | Report Abuse

????

nicky

3,356 posts

Posted by nicky > 2017-08-10 08:27 | Report Abuse

So today ? RM3.40/ 3.50 ??

tony__kow

265 posts

Posted by tony__kow > 2017-08-10 09:06 | Report Abuse

yes ..still can hold tp:3.5

Hunger

1,292 posts

Posted by Hunger > 2017-08-10 09:07 | Report Abuse

Today target 3.6.aluminium still continue rising a lot

telusdansuci

1,696 posts

Posted by telusdansuci > 2017-08-10 09:09 | Report Abuse

Good morning Press Metal Aluminium Holding Bhd , now is the right time for you to be Great Again . Terima kasih banyak-banyak , ya . Today my target price is Rm 3.48. Pmetal tetap boleh dan memang boleh .

Posted by Honey Comb > 2017-08-10 09:10 | Report Abuse

hunger, wanna ask for your opinion,can buy pmetal son CT? It got the highest vol among all the sons...

Hunger

1,292 posts

Posted by Hunger > 2017-08-10 09:13 | Report Abuse

Not advisable..unless u no money ar.cos son share no dividen and other benefit

Hunger

1,292 posts

Posted by Hunger > 2017-08-10 09:14 | Report Abuse

Dun say i didnt give tip.pmetal will reach 3.4/3.5 at least.upside is more than that

paktua73

18,357 posts

Posted by paktua73 > 2017-08-10 09:18 |

Post removed.Why?

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