Posted by ryan7642 > 2014-08-13 12:57 | Report Abuse

act AMMB not really negative u just look at all the while their TP which ad indirectly double up from TP 3 to TP 6 d (100% increase) so wat is it mean?indirectly look good at this company future etc^^

Posted by ryan7642 > 2014-08-13 12:57 | Report Abuse

buy cc the cheapest price get the highest % return wf big volume;)

Posted by Joel > 2014-08-13 12:58 | Report Abuse

http://www.theedgemalaysia.com/highlights/302566-hot-stock-press-metal-up-38-on-stellar-2q-profit-dividend-bonus-shares-hl.html

Dunno who is the stupid guy ( Am Research ).

If u Compare silly cover report (AmResearch ) with RHB today cover report@PMETAL,

RHB cover report more detail ( 内容很深入，信任度高！）

Posted by CCV2013 > 2014-08-13 13:07 | Report Abuse

Can I still buy now? After one-one bonus... it is still cheap ya!

Posted by Joel > 2014-08-13 13:25 | Report Abuse

After 1: 1 bonus issue , price is on uptrend .

read RHB cover report, CCV2013.

Posted by kytan > 2014-08-13 14:21 | Report Abuse

hold tight tight..good counter b4 bonus issue wil go higher, hope can hit TP 8.00 b4 bous issue.
aluminium price yesterday is 0.9077, highest in 2014.

Posted by Joel > 2014-08-13 15:08 | Report Abuse

To all PRESS METAL fans:

1. Press Metal’s 2QFY14 profit doubled q-o-q and tripled y-o-y, thanks to
optimum production at its smelting plants and higher aluminium prices.
Its board has proposed a 1:1 bonus issue and 5-sen second interim
dividend to rewards its shareholders.

2. Continue to like the company
as it is a world-class low-cost aluminium smelter that could leverage on
the bottoming out of aluminium prices. BUY, with a higher MYR8.30 FV
(from MYR7.38).

3. The
results in line as we expect a much stronger 2H profit on the back of
higher aluminium prices and smelting volume. Therefore, we make no
changes to our earnings estimates.

4. Going forward, expect that PRESS MATEL
to record core profits of MYR80m in 3QFY14 and MYR90m
in 4QFY14, with quarterly profit to normalise to around MYR94m in FY15
based on our all-in aluminium price assumptions of USD2,300/USD2,365
/USD2,400 in the corresponding periods.

5. Continue to like Press Metal, as it is a world-class
low-cost smelter in the first quartile of the global cost curve that is set to
leverage on the bottoming out of aluminium prices. Besides improved
profitability, its loan repayment using proceeds from the disposal of a
20% stake in Samalaju smelter had cut its net gearing to 1.08x from
1.83x in 1QFY14.
5.1 With the prospect of improved share liquidity postbonus
issue, we keep our BUY rating but raise our FV to MYR8.30 (from
MYR7.38) after cutting the discount to our fully-diluted DCF to 10% from
20%. Our new FV still implies undemanding 2.4x/2.1x P/BVs and
17.0x/11.9x P/Es on FY14F/15F numbers.

6. Forecast earning in December 2014(F)-(MYR mil )@ RM263
Compared to Dec 2013 only at RM15 ( MYR mil ) !
13/08/2014 15:07

Posted by Joel > 2014-08-13 15:54 | Report Abuse

I think is up toward RM6.30 right now .

Posted by Joel > 2014-08-13 19:37 | Report Abuse

http://biz.sinchew.com.my/node/100116?tid=18

齊力工業（PMETAL,8869,主板工業產品組）交出搶眼業績後，

分析員看好該公司將繼續從鋁價上揚的趨

勢中受惠，唯一疑慮是股價漲勢太猛。

( 为什么会太猛？，就是公司太好前途,前景优势@BRIGHT POTENTIAL才多人追啊！）

Posted by peanuts > 2014-08-13 20:12 | Report Abuse

Although PMB having high profit, the tax payable still very very low in 9 years from now. cash cow, can pay high dividend.... let's see next Q dividend....

Posted by Joel > 2014-08-14 10:26 | Report Abuse

http://www.theedgemalaysia.com/business-news/302712-better-2h-for-press-metal-on-the-back-of-higher-aluminium-prices.html

Posted by 8wpwtmt8 > 2014-08-14 12:27 | Report Abuse

Going down in the morning session with heavy selling pressure from 6.30 to 6.22. But I think 6.20 will provide a strong support.

Posted by Joel > 2014-08-14 12:47 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2014/08/14/Positive-Press-Metal-signs/

Positive Signal Buy@PRESS METAL !

Posted by 8wpwtmt8 > 2014-08-14 15:13 | Report Abuse

Heavy selling pressure continues in the afternoon session. Could be short term profit taking. May revisit RM6.10.

Posted by 8wpwtmt8 > 2014-08-14 16:22 | Report Abuse

Just wonder for how many days this profit taking will last and to what level? Maybe for at least 5 consecutive trading days and to below RM6?

Posted by jrjs > 2014-08-14 16:42 | Report Abuse

is it until 5 days? normally it's only take only a day ...don know whether this gonna be a long time or not?

Posted by aiman168 > 2014-08-14 16:54 | Report Abuse

i am in, see how tomorrow

Posted by Joel > 2014-08-14 21:22 | Report Abuse

应该不会below RM6.00, & today are healthy correction.
RM7.00 in AUGUST 2014 极大可能会达标。（个人认为）

很多Investors@PMETAL 都握得很紧!

Posted by 8wpwtmt8 > 2014-08-14 22:23 | Report Abuse

Normally the price will be higher after bonus issues is announced, just like CBIP, ASIAFLE, FIMACORP, PESTECH and BONIA. Only one share where its price dropped after bonus issues announcement, that is GKENT. GKENT dropped 23 sen (1.90 to 1.67) after the announcement (for 7 trading days) but after that it kept shooting up. Today (2 weeks before ex-date), its price is 73 sen higher (2.40) and it is still climbing up until the ex date.

Just wondering whether PMETAL will be like GKENT or not? Let's see tomorrow. Anyway I have keyed in to buy at RM6.00, RM5.90 and RM5.80 (1 lot each) for tomorrow.

Posted by Joel > 2014-08-15 07:24 | Report Abuse

U reminded me.......... GKENT this treasure stock.
when GKENT drop below rm1.90, I dint collect.
I felt heart painful.
follow by I notice GUOCO stock... shooted at rm1.97 the highest last week.
then drop to rm1.64 something. Then I collect quickly GUOCO below rm1.70 once market open.

For PRESS MATEL, the points of potential stock was highlighted in RHB Cover report.
Correction price provided investors a chance to collect more and more.
anyway, uptrend is intact & positive signal buy@PMETAL.

Posted by speakup > 2014-08-15 07:27 | Report Abuse

good company

Posted by aiman168 > 2014-08-15 09:50 | Report Abuse

sape tak beli rugi

Posted by 8wpwtmt8 > 2014-08-15 10:09 | Report Abuse

Masalahnya penjual begitu ramai dan agresif semenjak harganya melepasi RM6. Mereka menjual dalam ratusan. Ini mengakibatkan harganya terus menjunam jatuh menuju ke paras sokongan terpenting, iaitu RM6.00.

Posted by Jin 88 > 2014-08-15 12:00 | Report Abuse

Pmetal's son, Pmbtech today up up up...RM.1.65

Posted by jrjs > 2014-08-15 15:48 | Report Abuse

drop this week, waiting for next week then...before the x date must be up up again...

Posted by 8wpwtmt8 > 2014-08-15 17:14 | Report Abuse

Bought 1000 units at RM6.05. If next week it breaks RM6.00, then it will revisit RM5.80 (5 Aug 2014 closing price). Probably what AMMB comments got some truth in it. PMETAL for the time being is overpriced. RM5.65++ is more reasonable (as a launching base).

Posted by 8wpwtmt8 > 2014-08-15 17:27 | Report Abuse

Even laggards LBALUM rose 12 sen, ARANK rose 5.5 sen and money losing ALCOM rose 9 sen. And need not mention PMBTECH which hits limit up today. PMETAL sure wants face. How can the 'taiko' lose to smaller companies. It will sure to rebound after finding its bottom base.

Posted by happy123456 > 2014-08-15 17:59 | Report Abuse

PMETAL will issue bonus shares 1:1 soon. Will its warrant PMETAL- WC split to 1:1 as well?

Posted by Joel > 2014-08-16 08:57 | Report Abuse

I think no, only mother share@PMETAL bonus issue 1:1 !
PMETAL ( " 老大 " stock ) still worth to collect !

赚最多钱的& high dividend pay ( among aluminium stocks ) 是PRESS METAL ！

Posted by Joel > 2014-08-16 17:12 | Report Abuse

Based on its all-in aluminium price assumptions of
1. US$2,300 (RM7,342)

2. US$2,365/US$2,400 (RM7,549.91/RM7,661.64)

( in the previous corresponding periods.)

The successful re-commissioning of its Mukah
smelter and the full operation of its Samalaju smelter from April 2014

were timely to ride on higher all-in aluminium prices, which rose 10.3%
q-o-q and 4.2% y-o-y to an average USD2,168.

TRY TO THINK,....Once ALUMINIUM PRICE reach near US$ 2,200 , US$2.250,

US$2.300, US$2,365....and so on

what will happen to PRESS METAL condition.
( 现在票数已不多了，股价将持续升高）

Invest in strong Aluminium Campany@PMETAL. ( my opinion only )

Posted by 8wpwtmt8 > 2014-08-17 19:44 | Report Abuse

http://www.lme.com/metals/non-ferrous/aluminium/#tab2
Aluminium price in US$ per tonne.

Posted by 8wpwtmt8 > 2014-08-17 19:56 | Report Abuse

The weekly EDGE newspaper had advertise both the mother share (PMETAL) and PMETAL-WC. Just hope that RM6 can support the selling pressures. If not, 10% correction from the peak (RM5.70) can be a good buying opportunity.

Posted by 8wpwtmt8 > 2014-08-18 09:34 | Report Abuse

http://www.theedgemalaysia.com/business-news/303086-highlight-press-metal-eyes-lucrative-auto-parts-segment.html

Press Metal eyes lucrative auto parts segments.

Posted by Joel > 2014-08-18 10:28 | Report Abuse

Really Huat ! @PMETAL !
today TP RM6.40 !

Posted by impreza2388 > 2014-08-18 10:44 | Report Abuse

Very optimistic TP but no volume now

Posted by jrjs > 2014-08-18 10:53 | Report Abuse

http://www.theedgemalaysia.com/business-news/303140-hot-stock-press-metal-rises-21-on-lucrative-aluminium-auto-parts-segment.html

Posted by 8wpwtmt8 > 2014-08-18 12:48 | Report Abuse

After reaching a high of 6.18, it easily collapse back to 6.13 in the last 30 minutes of the morning session. So fragile. Hopefully in the afternoon session, it could rise again strongly. Big boys, please help.

Posted by 360Capitalist > 2014-08-18 12:53 | Report Abuse

http://www.theedgemalaysia.com/highlights/303087-highlight-press-metal-eyes-lucrative-auto-parts-segment.html

Posted by Joel > 2014-08-18 15:15 | Report Abuse

不要按着PRESS METAL price, 请让它自由的起吧 ！

Posted by aiman168 > 2014-08-18 15:52 | Report Abuse

wait until 4pm, price will shoot up again

Posted by 8wpwtmt8 > 2014-08-18 16:00 | Report Abuse

Aiman168, hopefully you are right. I am afraid it might end at RM6.05.

Posted by Joel > 2014-08-18 16:30 | Report Abuse

Vol almost come , Hope will go up rm6.20 above in last 25 minutes fr now !

Posted by 8wpwtmt8 > 2014-08-18 17:13 | Report Abuse

What a waste. With all the good news, finally Monday it closes at only RM6.10. This PMETAL really have to go down to below RM6.00 to find a stronger base before it can rebound back strongly. If not it is so weak. The volume is only 678,000. But PMETAL-WC leaps up 12 sen in the last minute.

Posted by 8wpwtmt8 > 2014-08-18 20:53 | Report Abuse

The next catalyst is this Friday 5 sen dividend because the ex-date is next Monday. Probably will go down for Tuesday, Wednesday and Thursday to below RM6.00. Looks like some big guns are pushing down the price to collect.

Posted by Joel > 2014-08-18 21:30 | Report Abuse

http://www.chinapress.com.my/node/552902

Posted by 8wpwtmt8 > 2014-08-18 21:55 | Report Abuse

Usually bonus issues got four catalysts, i.e. (1) When Bursa approves the bonus issues application (2) One day after EGM (3) Five trading days before the ex date (4) The first day after ex. Three long months to wait for the whole process to be completed.

Posted by Joel > 2014-08-18 23:00 | Report Abuse

别悲观，可能明天大涨呢。

Posted by 8wpwtmt8 > 2014-08-19 10:48 | Report Abuse

Everyday almost the same trend, high volume waiting to sell but no buyer with high volume. Big fish, please come and hep this share.

Posted by Joel > 2014-08-19 12:35 | Report Abuse

PRESS METAL 的两间厂房都已全面投产。

若汽车制造商增加产品内的铝成分，齐力将可受惠。

福特（Ford）汽车公司已开始在美国为旗下F-150卡车，生产全铝合金车身。

随着铝价格上升，齐力在今年余下时间的盈利将会逐步提升。

Posted by 8wpwtmt8 > 2014-08-19 12:42 | Report Abuse

Translation for Joel's posting:

PRESS METAL The two plants are in full production.

If the car manufacturers were to increase aluminum components in their product, PMETAL will benefit.

Ford Motor Company has begun in the United States for its F-150 trucks, producing a full aluminum body.

With aluminum prices rising, PMETAL will gradually improve for the rest of the year's profit.