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

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-08-10 21:54 | Report Abuse

Any other cheap alu share can share here?

Posted by Mohd Fahmi Bin Jaes > 2017-08-10 21:58 |

Post removed.Why?

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-08-10 22:19 | Report Abuse

meistsk3134 Any other cheap aluminium share can share here?
=================================================
Can try PMBTECH, a subsidiary of PMETAL.

nicky

3,356 posts

Posted by nicky > 2017-08-10 22:40 | Report Abuse

To all Pmetal investors .. u all must thank Hunger .. ought to him then u all make money. He is an expert, without him u all won't make a single sen. thanks .

nicky

3,356 posts

Posted by nicky > 2017-08-10 22:40 | Report Abuse

What a joke

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-08-10 23:30 | Report Abuse

hunger are u hungry? tq 8wpwtmt8

Hunger

1,292 posts

Posted by Hunger > 2017-08-10 23:48 | Report Abuse

Aluminium prices have climbed to their highest in nearly three years as expectations of capacity cuts in top producer China, where the government is waging a war on pollution, were reinforced by a lower dollar.

Benchmark aluminium on the London Metal Exchange ended down 0.1 per cent at $US2,027.5 on profit-taking. Earlier it touched $US2,043, its highest since November 2014, a gain of around 20 per cent this year.

"Aluminium's rise is related to capacity cuts and tighter environmental regulations. Shandong province yesterday announced capacity cuts that were larger than expected," said Xiao Fu, head of commodity strategy at Bank of China International.

"It's related to supply side reform and there is a broad-based spillover into other metals. We are seeing long positions being added in copper and overall market."

SHANDONG: China's Shandong province has ordered 3.21 million tonnes of smelting capacity to be shut. In a statement the Shandong Development and Reform Commission (SDRC) said checks had shown areas of the eastern province had 3.21 million tonnes of illegal capacity built without permits.

ENVIRONMENT: The shutdowns come as China's Ministry of Environmental Protection (MEP) said it was embarking on its fourth round of environmental inspections across eight provinces and regions, including Shandong.

CHINA ALUMINIUM: China's aluminium output hit a record high of 97,700 tonnes a day in June. That was equivalent to an annualised run rate of 35.7 million tonnes and represented 56.5 per cent of global output, also a fresh high.

DOLLAR: Industrial metals overall were boosted by a lower US currency, which makes dollar-denominated commodities cheaper for non-US firms; a relationship used by funds which trade using buy and sell signals generated by numerical models.

NORTH KOREA: The dollar came under pressure after North Korea said it is examining plans for a missile strike on the US Pacific territory of Guam, just hours after US President Donald Trump told the North that any threat to the United States would be met with "fire and fury".

maun

80 posts

Posted by maun > 2017-08-11 00:13 | Report Abuse

so...esok naik or turun

blahbleh

331 posts

Posted by blahbleh > 2017-08-11 00:24 | Report Abuse

Aluminium price is still going up like nobody's business. Tomorrow another show.

Posted by Mohd Fahmi Bin Jaes > 2017-08-11 00:30 | Report Abuse

Dji -145

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-08-11 00:32 | Report Abuse

nk plan to nuke guam US. will it affect pmetal?

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-08-11 00:33 | Report Abuse

yet US market now red2

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-08-11 00:51 | Report Abuse

Experience taught me not to panic sell good FA stocks. Mr Ooi Teik Bee has set up a portfolio known as "Buy when everyone is fearful portfolio during the August 2015 crash on 12/8/2015". After four and a half months, on 31/12/2015, the portfolio gained 43.0%, and he said "I feel very sad for those investors who cut loss on 12/8/2015".

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-08-11 00:59 | Report Abuse

lol. go read bloomberg now.. trump ready fire missile on NK

Hunger

1,292 posts

Posted by Hunger > 2017-08-11 01:17 | Report Abuse

Just a threat to north korea.no missle fired so far.do not speculate

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-08-11 01:21 | Report Abuse

Hard to say. U remember trump shoot 2 missile on muslim country? If NK does bom guam, trump really will hit the war.

Hunger

1,292 posts

Posted by Hunger > 2017-08-11 01:34 | Report Abuse

Trump is an economy player.he wun be that dumb to destroy his position as a president and his business to go for war.again,dont assume.most of his action are just for show only.to get more "popular"votes

Hunger

1,292 posts

Posted by Hunger > 2017-08-11 07:34 | Report Abuse

Ok fine then boom everyone die happy?lol seriously wtf hahahah

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-08-11 08:14 | Report Abuse

Trump just prepare as his may think kim will pull the button.if kim no pulled button, all be safe

Jingweihan

1,605 posts

Posted by Jingweihan > 2017-08-11 09:06 | Report Abuse

buying

tony__kow

265 posts

Posted by tony__kow > 2017-08-11 09:07 | Report Abuse

buy!

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-08-11 09:10 | Report Abuse

drop wow. still buy? top loser le

paktua73

18,357 posts

Posted by paktua73 > 2017-08-11 09:11 |

Post removed.Why?

gcke

1,359 posts

Posted by gcke > 2017-08-11 09:19 | Report Abuse

Points of conjecture:

1.The Black Swan event is something the market-place players cannot predict correctly.It had happened in the past and will be repeated again.
2.The worrying point is this Kim of North Korea.As a young and reclatritant leader of a secluded nation he is too immature and arrogant to act and respond responsibly.The worrying part is that he is too provocative and beyond the influence of his closet ally which is China.
3.South Korea is worried because the Seoul,capital of South Korea is close to the border of North Korea and there is a number of warheads pointing towards the bustling metropolis.
4.It is unlike Iran which used to sabre-rattling with US but the threat to US territory is so far away.
5.In this case if going by the news wire,NK has developed ICBM which can strike Guam- one of US protected territory then one would expect a full-blown war to happen.

Outcome: Geo-political risk emanating from NK is high of such tension is not mitigated..If the crisis blown up one will expect a full-scale nuclear strike first by US to stamp out the risks.That will provoke China and USSR nearby.

bareall

48 posts

Posted by bareall > 2017-08-11 09:20 | Report Abuse

Buy on weakness

Jingweihan

1,605 posts

Posted by Jingweihan > 2017-08-11 09:25 | Report Abuse

Buying

telusdansuci

1,696 posts

Posted by telusdansuci > 2017-08-11 09:30 | Report Abuse

Bagi semua penakut lari dulu dan kemudian attack balik . Pmetal tetap boleh .

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-08-11 09:34 | Report Abuse

it not bout pmetal bole now. go read bloomberg n cnn. kim fatty playing fire

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-08-11 09:34 | Report Abuse

today lot market drop..

paktua73

18,357 posts

Posted by paktua73 > 2017-08-11 09:41 |

Post removed.Why?

Posted by charles_cty > 2017-08-11 09:48 | Report Abuse

China urges U.S. to act 'prudently' in aluminum foil dispute

BEIJING (Reuters) - China urged the U.S. government on Thursday to act "prudently" to avoid damaging economic relations between the two countries, in a strongly worded response to Washington's preliminary decision to slap anti-dumping duties on Chinese aluminum foil.

In a statement posted on its Wechat account, the Ministry of Commerce said the United States had ignored offers of cooperation from the government and Chinese companies in making its ruling this week.

The statement, attributed to Wang Hejun, head of the Commerce Ministry's trade remedy and investigation bureau, was more strongly worded than typical responses to trade disputes with the United States.

The statement said there were no grounds to accuse China's downstream aluminum companies of benefiting from subsidies.

Washington has previously made similar claims about China's banking sector, unreasonably labeling Chinese commercial banks as public institutions, the statement also said.

The Wechat post followed news on Wednesday that China's top foil producers are preparing to launch a legal challenge to a U.S. Commerce Department ruling that would slap antidumping duties of 16.56 percent to 80.97 percent on Chinese aluminum foil imports.

China's government said it is highly concerned about the action the United States is taking to provide relief to its aluminum industry.

Washington is also investigating whether to curb aluminum imports from China under the rarely used Section 232 of the Trade Expansion Act of 1962, which allows restrictions on imports for reasons of national security.

U.S. President Donald Trump's administration is conducting a separate investigation into steel imports from China.

Jingweihan

1,605 posts

Posted by Jingweihan > 2017-08-11 09:50 | Report Abuse

Aluminium price still 2k+, qr next wk, not much worry!

nicky

3,356 posts

Posted by nicky > 2017-08-11 09:55 | Report Abuse

Time to buy back...

nicky

3,356 posts

Posted by nicky > 2017-08-11 09:58 | Report Abuse

Matched ... 3.14 ...

JKWIN

50 posts

Posted by JKWIN > 2017-08-11 10:02 | Report Abuse

Announce QR on 16/08...

Jingweihan

1,605 posts

Posted by Jingweihan > 2017-08-11 10:04 | Report Abuse

Chance to buy, buy lor

Thomaslky

90 posts

Posted by Thomaslky > 2017-08-11 10:25 | Report Abuse

Today discount given to all shares!!!

telusdansuci

1,696 posts

Posted by telusdansuci > 2017-08-11 10:27 | Report Abuse

Attack balik mean rebound back . They won't play with fire . Only those don't have this Pmetal counter were playing with fire in this forum . Percayalah Pmetal sebab ia tetap boleh dan memang boleh .

Awet91

1,934 posts

Posted by Awet91 > 2017-08-11 10:33 | Report Abuse

Grab ur chnce to buy

goodjoe

486 posts

Posted by goodjoe > 2017-08-11 10:36 | Report Abuse

Sifus, please provide your thoughts and analysis on this coming QR results to be released soon. I think that is very important.

I took a cursory look at ALU LME historical price chart between April to June 2017, looks like averaging USD1950. That would be higher than the Jan - Mar 2017, which was averaging USD1800.

Apart from ALU price, what are the other factors that would deliver another fantastic QR for PMETAL?

Is today a last chance to load up on PMETAL shares before it goes to the moon?

magus

397 posts

Posted by magus > 2017-08-11 10:39 | Report Abuse

still holding for qr results. War is not an option and both Trump and Kim know it, just a whole lot of brinkmanship. Don't you think that Kim wants to go on living the good life? A war with the US regardless of the outcomes will bring an end to N Korea and Kim. You think the generals in N Korea, who are btw living good lives too, will allow Kim to just fire a missile and provoke a nuclear war they cannot win? Come on, be serious. Today's geopolitics are totally influenced by economics and business and profits. To those who have PM shares, sell if you must but not because of fear.

goodjoe

486 posts

Posted by goodjoe > 2017-08-11 10:41 | Report Abuse

well written magus. Any predictions on next QR results?

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-08-11 10:43 | Report Abuse

pmetal does fine.... problem now is 2 sozai wan boom each other

telusdansuci

1,696 posts

Posted by telusdansuci > 2017-08-11 10:44 | Report Abuse

Who are playing with fire in this forum we sama-sama faham sudahlah, ya . Pmetal tetap boleh dan memang boleh .

goodjoe

486 posts

Posted by goodjoe > 2017-08-11 10:45 | Report Abuse

2 pudgy idiots aside, would be nice to see some figures for QR predictions to be announced soon.

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-08-11 10:56 | Report Abuse

lol. ww3 dude

Hunger

1,292 posts

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

Thank you for letting me load up more hahahahha.now i wait and eat popcorn

paktua73

18,357 posts

Posted by paktua73 > 2017-08-11 11:41 | Report Abuse

Trump war signals on the fleet at
The bay has moved to the guam
Will fall far

magus

397 posts

Posted by magus > 2017-08-11 11:46 | Report Abuse

just to guam? if trump is serious, he should move in to the sea of japan.

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