PRESS METAL ALUMINIUM HOLDINGS BERHAD

KLSE (MYR): PMETAL (8869)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

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

happy123

213 posts

Posted by happy123 > 2017-10-12 09:28 | Report Abuse

@telusdansuci,
jangan bimbang, jualan oleh pengarah hanya kacang, boleh melihat beberapa minat belian, hasil yang akan datang dijangka sangat baik

telusdansuci

1,696 posts

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

Terima kasih banyak-banyak @happy123, sekarang baru saya faham , ya . Pmetal boleh dan tetap boleh . My next TP Rm 4.50 apabila 3Q17 diumunkan . Apa yang saya nampak di sini adalah mereka telah siap sedia untuk menolak naik saham Pmetal . Mereka hanya tunggu masa yang sesuai sahaja . Terima kasih banyak-banyak juga kepada Pmetal iaitu kaunter PENYELAMAT bagi saya .

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-10-12 10:15 | Report Abuse

Ok tp4.50 i sposnor kepsi..

telusdansuci

1,696 posts

Posted by telusdansuci > 2017-10-12 10:15 | Report Abuse

There are pushing up the shares price slowly without the aware of retails investor , be patience then only will get Angpow from Pmetal . Pmetal is really a tetap boleh counter . Trm kasih .

Oreo Oreo

319 posts

Posted by Oreo Oreo > 2017-10-12 10:20 | Report Abuse

thanks telusdansuci, I have been holding pmetal since Jan. some stocks worth holding,until they hit ur tp

林俊松

6,930 posts

Posted by 林俊松 > 2017-10-12 11:29 | Report Abuse

Before result out at the end of October, China communist party's committee meeting that will be held next week is also important to Pmetal as shutting down of illegal plants and reduction of aluminium output definitely going to benefit Pmetal.

telusdansuci

1,696 posts

Posted by telusdansuci > 2017-10-12 11:31 | Report Abuse

@ meistsk 4313, believe it or not target price Rm 4.50 after next quarter results announced ? Pmetal tetap boleh .

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-10-12 12:48 | Report Abuse

I regret buy hibiscus. Rumour say it drop

hero666

689 posts

Posted by hero666 > 2017-10-12 14:50 | Report Abuse

where's the momentum of yestday high vol bought over 3.83.... wonder why today suddenly very quiet ....

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-10-12 19:52 | Report Abuse

According bloom news now. Steel counter are better than aluminium

AhMetal

29 posts

Posted by AhMetal > 2017-10-13 09:38 | Report Abuse

5.50 coming soon.

kevin008

1,360 posts

Posted by kevin008 > 2017-10-13 10:07 | Report Abuse

steel dy up so much...pmetal is the only co. in malaysia product aluminum leh..no competitor at all
plus aluminium price in new record high

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-10-13 10:32 | Report Abuse

I see still have lot buy lbalbum. But why

kevin008

1,360 posts

Posted by kevin008 > 2017-10-13 10:55 | Report Abuse

yes not much company in aluminium product..
pmetal is the biggest in malaysia with aluminium material production
lba is the biggest in malaysia with aluminium extrusions product
arank is the biggest in malaysia with aluminium billets

telusdansuci

1,696 posts

Posted by telusdansuci > 2017-10-13 11:20 | Report Abuse

By believing in Pmetal , i will get big ANG POW . If i always believe other people i will get nothing and become a loser . Terima kasih banyak-banyak kepada Press Metal kerana ia boleh dan tetap boleh . Hanya tunggu harga sasaran Rm 4.50 sahaja .

kevin008

1,360 posts

Posted by kevin008 > 2017-10-13 11:34 | Report Abuse

https://www.investing.com/commodities/aluminum

so high price no need worry haha

telusdansuci

1,696 posts

Posted by telusdansuci > 2017-10-13 11:34 | Report Abuse

If you can hold Pmetal until next year 2018 Tahun Baru Cina , your one basket of egg will become three basket of eggs . Terima kasih Pmetal .

Oreo Oreo

319 posts

Posted by Oreo Oreo > 2017-10-13 12:15 | Report Abuse

wow break new high agn pmetal

Oreo Oreo

319 posts

Posted by Oreo Oreo > 2017-10-13 12:15 | Report Abuse

not away from telusdansuci tp!

Bizfuneng

883 posts

Posted by Bizfuneng > 2017-10-13 12:38 | Report Abuse

TP reached with new high. Tq

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-10-13 13:25 | Report Abuse

This pmetal up slowly without notice and not see in top gainer

Bizfuneng

883 posts

Posted by Bizfuneng > 2017-10-13 13:27 | Report Abuse

That's gud.

Posted by kitmanworld > 2017-10-13 15:59 | Report Abuse

can PMETAL reach RM5.00 ?

AhMetal

29 posts

Posted by AhMetal > 2017-10-13 16:11 | Report Abuse

Yes. TP 5.50 lah.

Posted by kitmanworld > 2017-10-13 16:26 | Report Abuse

I thought the TP is RM4.50 ?

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-10-13 18:17 | Report Abuse

Later tp 4.50 and split again back to 2. Today i happy

TF Peter

547 posts

Posted by TF Peter > 2017-10-13 23:10 | Report Abuse

advantage and disadvantage of a split ?

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-10-14 13:15 | Report Abuse

Split so other investor can buy in.

Posted by Angel of KLSE 大马股仙 > 2017-10-14 14:21 | Report Abuse

mana ada split?
PRESS METAL ALUMINIUM HOLDINGS BERHAD (THE "COMPANY" OR "PMAH") - PROPOSED ISSUANCE OF REGULATION S USD DENOMINATED SENIOR NOTES BY PRESS METAL (LABUAN) LTD. OF UP TO US$400,000,000 WITH A TENURE OF 5 YEARS

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-10-14 15:55 | Report Abuse

If no split. I no happy. Cannot buy more

shpg22

2,984 posts

Posted by shpg22 > 2017-10-14 16:02 | Report Abuse

Split only attract more ikan bilis. Actually there is no different at all except for the price which looks cheaper but its really not.

MrPauper

1,031 posts

Posted by MrPauper > 2017-10-14 16:16 | Report Abuse

Split is just to enhance liquidity. Does it really means cheaper and more affordable? Definitely not !

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-10-14 20:38 | Report Abuse

Ok. Pmbtech can buy?

telusdansuci

1,696 posts

Posted by telusdansuci > 2017-10-14 20:53 | Report Abuse

I won't feels sad , i feels double happy regarding Press Metal' s proposal by issuance of Regulation S USD Denominated Senior Notes . Press Metal won't take money from the shareholders . Regulation S is a Bond issued in the Eurobond market for international investors. Regulation S offering in many ways .Anyway , my target price for Press Metal Alu. Holding Bhd for next week is above Rm 4.00 . Press Metal is a public listed company and run by a very good management team and also has big plans of achieving double digit growth , opening new market and many more . Next quarter results will be a windfall for Press Metal ( another profit record ). Press Metal always boleh dan tetap boleh .

telusdansuci

1,696 posts

Posted by telusdansuci > 2017-10-14 21:18 | Report Abuse

How to earn big money in Press Metal's stock if you always feels sad ,risky and not happy by holding this stock . Everythings got risky , even you cross the road , driving a car, eat fish , sleeping , talking and etc. Even you marry a wife also you can get risky . Why the rich become richer , because he or she dare to take the risk . Terima kasih banyak-banyak kepada Press Metal kerana ia boleh dan tetap boleh .

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-10-14 21:53 | Report Abuse

still can enter in this price? or buy pmbtech?

tianjin

468 posts

Posted by tianjin > 2017-10-15 10:40 | Report Abuse

Telus, I fully agreed n concurred with your view on Pmetal , I had been with Pmetal many years till now ( may be longer than you ) n I had very sweet n handsome returns of profit ( thick fat strong 7 figures ) from Pmetal . I would advise you not to waste your good opinion n energy with people who can't think logically n carry a pathetic mentality . Cheers to Pmetal n have a wonderful Sunday .

happy123

213 posts

Posted by happy123 > 2017-10-15 20:18 | Report Abuse

I have 7 figures profit too, though is the low side of the 7 figures. Sold 200k shares at average of 3.40 over the last few months. Look foward to sell higher in the coming days

tianjin

468 posts

Posted by tianjin > 2017-10-15 20:56 | Report Abuse

Cheers to you , happy 123 ! Have many more good returns from Pmetal .

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-10-15 21:38 | Report Abuse

No wonder news is correct. Malaysia economic good and have high income nation. Well done

Bizfuneng

883 posts

Posted by Bizfuneng > 2017-10-16 09:13 | Report Abuse

What does this mean ?

------------------------------
Posted by Angel of KLSE 大马股仙 > Oct 14, 2017 02:21 PM

mana ada split?
PRESS METAL ALUMINIUM HOLDINGS BERHAD (THE "COMPANY" OR "PMAH") - PROPOSED ISSUANCE OF REGULATION S USD DENOMINATED SENIOR NOTES BY PRESS METAL (LABUAN) LTD. OF UP TO US$400,000,000 WITH A TENURE OF 5 YEARS

tony__kow

265 posts

Posted by tony__kow > 2017-10-16 09:23 | Report Abuse

4....coming

wsngsj

32 posts

Posted by wsngsj > 2017-10-16 09:26 | Report Abuse

new high!

telusdansuci

1,696 posts

Posted by telusdansuci > 2017-10-16 09:41 | Report Abuse

Regulation S offering in many ways but Press Metal prefer issuing Bonds rather than borrow money from shareholders or Bank . I also choose to believe the CEO of Press Metal rather than others because Press Metal always boleh dan tetap boleh . Terima kasih Press Metal .

Posted by charles_cty > 2017-10-16 09:44 | Report Abuse

Press Metal receives BNM approval for US$400M bond issuance

Press Metal Aluminium Holdings (Press Metal), South-East Asia’s largest aluminum producer, has received Bank Negara Malaysia's (BNM) approval for the proposed issuance of US-dollar denominated senior notes of up to US$400 mil with a five-year tenure, according to a filing with Bursa Malaysia last Friday.

Read on for more details on the bond issuance and the latest news on Press Metal.


Latest financial results

Press Metal’s latest financial results for the second quarter ended 30 Jun 2017 (2Q17) showed its core business profit increased by more than a third due to increased output and higher metal prices. Excluding the extraordinary gain of RM45.02 mil in 2Q16, its pre-tax profit showed a year-on-year growth of 35.8% to RM209.37 mil, reflecting the 31.1% jump in revenue to RM2.08 bil, which was mainly due to the additional production output generated by its Samalaju phase 2 smelting plant and the higher metal price in 2Q17.

The Press Metal group’s gearing was reduced from 1.3 to 1.1 during the last financial year, mainly contributed by an increase in its shareholders’ net worth and a reduction in its borrowings due to loan repayments.


Hike in aluminum prices

For 2Q17, the hike in aluminium prices significantly boosted Press Metal’s earnings. Aluminium prices saw a 2.8% increase from an average of US$1,852 per tonne in 1Q17 to an average of US$1,905 per tonne in 2Q17, according to an earlier article on theStar (17 Aug).

Current aluminium prices as at 13 October 2017 are US$2,133.50 per tonne (Business Insider, 13 Oct), which is approximately 12.0% higher than 2Q17 prices. This increase is fuelled by China cutting its aluminium smelting capacity to curb pollution in its bloated heavy industries (the Edge Markets, 13 Oct).


Bond Issuance

Bank Negara Malaysia's approval has been obtained for the proposed issuance of US-dollar denominated senior notes of up to US$400 mil with a five-year tenure. The issuance will be undertaken by Press Metal’s wholly-owned subsidiary Press Metal Labuan Ltd.

Press Metal further stated in its filing to Bursa Malaysia that proceeds from the proposed bonds will be used to refinance existing debts and for general corporate purposes.

telusdansuci

1,696 posts

Posted by telusdansuci > 2017-10-16 10:02 | Report Abuse

Why they prefer Bonds rather than borrow money from shareholders or Bank ? Thank you .

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-10-16 10:31 | Report Abuse

Bank interesr high? Shareholder ofcos big no scare scam need benefit. Bond better

wsngsj

32 posts

Posted by wsngsj > 2017-10-16 10:42 | Report Abuse

gogogo

Post a Comment