PRESS METAL ALUMINIUM HOLDINGS BERHAD

KLSE (MYR): PMETAL (8869)

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Last Price

5.33

Today's Change

-0.03 (0.56%)

Day's Change

5.30 - 5.38

Trading Volume

1,160,900


18 people like this.

15,895 comment(s). Last comment by Augustine 1 week ago

Posted by hummingbird > 2014-08-22 10:48 | Report Abuse

pmetal hari hari naik!

Joel

4,580 posts

Posted by Joel > 2014-08-22 11:23 | Report Abuse

Strong support at RM2.23 level.
Probably will shoot up today, waiting for the Vol .

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-08-22 12:45 | Report Abuse

http://www.kitcometals.com/charts/aluminum_historical_large.html
The current aluminium price is US$0.9145/lb or US$2054/tonne.

jrjs

193 posts

Posted by jrjs > 2014-08-22 15:28 | Report Abuse

i hope today can close at 6.25-6.26 ..before the x date

Posted by 360Capitalist > 2014-08-22 15:30 | Report Abuse

Aluminum Extends Rally to Highest Since 2013 on Supply Deficit
http://www.bloomberg.com/news/2014-08-20/aluminum-extends-rally-to-highest-since-2013-on-supply-deficit.html

Posted by 360Capitalist > 2014-08-22 15:36 | Report Abuse

Russia's Rusal offers Japan aluminum buyers $460/mt premium (13% Higher Than Q3 2014)
STRONG BUY
>>> Q4 should record Higher Profit than RM100mil in single Quarter
>>> Coming Q3 The Profit should be above RHB analyst expectation of RM90mil
http://www.hellenicshippingnews.com/russias-rusal-offers-japan-aluminum-buyers-460mt-premium/

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-08-22 15:45 | Report Abuse

Thanks 360Capitalist for the information. But now looks like the price of PMETAL is heading south after ex-dividend back to the RM6.00 - RM6.05 region next week.

Posted by 360Capitalist > 2014-08-22 15:51 | Report Abuse

With aluminium price rally to new high since 2013 and pending bonus issue 1 for 1, the price should move higher after ex-dividend.. Any downside is good for further buy.

Joel

4,580 posts

Posted by Joel > 2014-08-22 15:55 | Report Abuse

Comment & advice : BUY & KEEP IT@PMETAL as soon as possible.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-08-22 17:04 | Report Abuse

It is like small and little fish versus the big and large fish. It has been like this since the bonus issues is announced. 7 days of downward consolidation already since the announcement. So today it closed at 6.16. Next Monday, it will start with 6.11 after giving the 5 sen dividend. Easily the big and large fish will push it down to the 5.95 to 6.05 region. Can start adding.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-08-22 20:46 | Report Abuse

RM6.25 - RM6.30 region has proven to be a very hard nut to crack. Fail to pass through it three times, i.e. 12.08.14, 13.08.14 and 21.08.14. Don't know when can break through it? Don't tell me after ex bonus only can break through it, i.e. with a price of RM3.15 and above.

Joel

4,580 posts

Posted by Joel > 2014-08-22 22:39 | Report Abuse

I believe PMETAL able to go through RM6.50 above next week !

Joel

4,580 posts

Posted by Joel > 2014-08-22 22:41 | Report Abuse

RM7.00 will reach in September for sure !
I really confident with it@PRESS METAL !

Joel

4,580 posts

Posted by Joel > 2014-08-22 22:44 | Report Abuse

Bonus Issue 应该会done 9月-10月2014.
所以还有排让PRESS METAL 上升机会 !

undertaker

146 posts

Posted by undertaker > 2014-08-22 23:17 | Report Abuse

Joel, Bonus Issue wont be at Sep to Oct i guess. First, They need to submit to Bursa for approval first then Will call for EGM then only will announce the entittlement date... If everything going smoothly then Should be on November i guess...

Joel

4,580 posts

Posted by Joel > 2014-08-23 07:15 | Report Abuse

Noted, Thx !

FX Lee

5,194 posts

Posted by FX Lee > 2014-08-23 09:37 | Report Abuse

买股票的人,可以分为三类 (3 types of share investors): http://tw.gigacircle.com/1722787-1

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-08-23 09:45 | Report Abuse

http://www.kitcometals.com/charts/aluminum_historical_large.html
Fiday aluminium price was US$0.9127/lb or US$2050/tonne.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-08-23 09:54 | Report Abuse

Regarding the ex-date of bonus issues, it all depends on the efficiency of the company. For example like GKENT, the bonus issue was proposed on 30.6.2014 and the ex-date is on 27.8.2014 (less than two months).
Like OKA, propose on 11.07.2014 and got approval on 31.07.2014 (so fast) and EGM on 28.08.2014.
So, PMETAL proposed on 12.08.2014 and should get the approval on 03.09.2014.
Thus, if PMETAL is efficient, then Joel's forecasted ex-date could be possible but I hope it will be in middle of November close to its 3rd quarter profit annoucement. According to Mr 360Capitalist, it could be higher than RHB forecast of RM90 million due to the rising aluminium price.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-08-23 14:33 | Report Abuse

Normally it takes only 10 days for a company to summit the applications of bonus issues to Bursa Malaysia. Why PMETAL has not announced the submission of its application at its website? 13 August 2014 proposed. Next Monday is 25 August. Already exceeds 10 days. If by next week, still no such announcement, something is wrong. The undertaker is Maybank IB.

Joel

4,580 posts

Posted by Joel > 2014-08-23 20:15 | Report Abuse

我觉得每间公司的行政管理都有不同之处。
不是Normally it takes only 10 days for a company to summit the applications of bonus issues to Bursa Malaysia。
我相信Bonus Issue 肯定会实现!

Posted by 360Capitalist > 2014-08-25 08:58 | Report Abuse

The bonus issue will happen and my estimation timeline of completion by October.
While based on PMetal past track records, it usually jump up minimum RM1.00 or more within 2 weeks because of favorable uprising LTE aluminium price (LME), premiums and etc. It is still in very early stage of fundamental run. We should be able to see the price cross RM10.00 before exBonus issue. Again, this is my personal judgement only and not mean to lure any party to buy into PMetal.

For me, now is best time to Buy aggressively. The stock will 'skyrocket' anytime,,

Posted by impreza2388 > 2014-08-25 09:05 | Report Abuse

360Capitalist taiko so bullish.. good

jrjs

193 posts

Posted by jrjs > 2014-08-25 10:05 | Report Abuse

it's time to bullish again... good..

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-08-25 15:13 | Report Abuse

What has happened to PMETAL? Such a sharp drop from today's peak of 6.23. Any bad news?

Joel

4,580 posts

Posted by Joel > 2014-08-25 15:24 | Report Abuse

For me, I collect at rm6.10 something.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-08-25 15:25 | Report Abuse

Aluminum Extends Rally to Highest Since 2013 on Supply Deficit
http://www.bloomberg.com/news/2014-08-20/aluminum-extends-rally-to-highest-since-2013-on-supply-deficit.html

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-08-25 15:25 | Report Abuse

Russia's Rusal offers Japan aluminum buyers $460/mt premium (13% Higher Than Q3 2014)
STRONG BUY
>>> Q4 should record Higher Profit than RM100mil in single Quarter
>>> Coming Q3 The Profit should be above RHB analyst expectation of RM90mil
http://www.hellenicshippingnews.com/russias-rusal-offers-japan-aluminum-buyers-460mt-premium/

jrjs

193 posts

Posted by jrjs > 2014-08-25 15:51 | Report Abuse

strong buy..buy..don't sell!

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-08-25 16:01 | Report Abuse

I think they want to push it down to below RM6.00 because AMMB Research give a fair price only at RM6.00.

tuapuikia

2,346 posts

Posted by tuapuikia > 2014-08-25 16:12 | Report Abuse

RM6 is par value

Joel

4,580 posts

Posted by Joel > 2014-08-25 16:15 | Report Abuse

KICK OFF AMMB RESEARCH FOR PMETAL. !

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-08-25 16:21 | Report Abuse

Joel, it was advertised in the EDGE weekly newspaper for this week.

Joel

4,580 posts

Posted by Joel > 2014-08-25 16:24 | Report Abuse

I know, But I believed RHB report more more than Ammb.

Joel

4,580 posts

Posted by Joel > 2014-08-25 20:54 | Report Abuse

Press Metal 下个Q Report 会比这次更加惊人!

Joel

4,580 posts

Posted by Joel > 2014-08-25 21:04 | Report Abuse

AMMB 的cover report 完全不可靠。

就连RHB COVER REPORT 的Forecast 1 HFY 2014 RM88.1 mil Net Profit 已经是低于真真

实际市场的状况!

预料PMETAL的1 HFY 2014 将达 RM95 mil - RM100 mil 之间。

那么在整年2014 里,原本照着RHB 的COVER REPORT Forecast Net Profit 2014

is RM263 mil 将会更高!

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-08-25 21:57 | Report Abuse

PMETAL 1H net profit 101.055 million (increased 102.52%).
Joel, PMETAL website reported that its 1H net profit is 101.055 million, definitely not 88.1 million.
I think it has already been factored in its share price.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-08-25 22:25 | Report Abuse

Current Year Quarter, Preceding Year Corresponding Quarter, Current Year to Date, Preceding Year Corresponding Period
30/06/2014 30/06/2013 30/06/2014 30/06/2013
RM '000 RM '000 RM '000 RM '000
1 Revenue 1,000,213 795,343 1,897,318 1,519,586
2 Profit/Loss Before Tax 83,584 26,848 119,973 62,168
3 Profit/Loss After Tax and Minority Interest 60,026 20,041 88,057 45,287
4 Net Profit/Loss For The Period 73,622 22,821 101,055 49,899
5 Basic Earnings/Loss Per Shares (sen) 11.57 3.95 17.03 8.91
6 Dividend Per Share (sen) 5.00 1.00 10.00 1.00

12/08/2014 07:00 AM

Which one are we refering to? Anyway it is not important anymore. Already factored in.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-08-25 22:30 | Report Abuse

The most important thing now is new catalysts either new record high of aluminium price or approval of the bonus issues by Bursa Malaysia. Now both also not yet reach. How to rally above 6.25 - 6.30 region?

Joel

4,580 posts

Posted by Joel > 2014-08-25 23:04 | Report Abuse

我觉得it is still not been factor in its share price.

总之在2014 里,如果照着RHB 的COVER REPORT Forecast Net Profit 2014

is RM263 mil 是不正确 !

整年2014 NET PROFIT (F)在 RM 350 mil above !

Press Metal 不应再在RM6.10 - RM6.33 之间排徊。

他该超过RM6.70 以上 !

Posted by impreza2388 > 2014-08-26 08:19 | Report Abuse

Tune in to BFM now for Datuk Paul Koon's interview

Posted by 360Capitalist > 2014-08-26 09:03 | Report Abuse

For Q3' 2014 and Q4 .. conservatively minimum profit achievable is RM90 mil per Qtr .. which translate to EPS per Qtr 16.8 cents .. Dividend per Qtr,, minimum 5 cents based on 30% to 40% dividend policy.

The current PE ratio is 9 only..

jrjs

193 posts

Posted by jrjs > 2014-08-26 09:13 | Report Abuse

Conversion of Warrants C 2011-2019 to ordinary shares

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1718685

Posted by 360Capitalist > 2014-08-26 10:52 | Report Abuse

BFM radio interview with Datuk Paul Koon, Group CEO of Press Metal Berhad
http://www.bfm.my/breakfast-grille-dato-koon-poh-keong-press-metal.html

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-08-26 11:05 | Report Abuse

Thanks Mr360Capatalist, you are an encourager to us despite the poor share performance.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-08-26 11:19 | Report Abuse

Dato Koon Poh Keong, Group Chief Executive Officer, Press Metal Bhd, discusses its share price rise, the recovery of the global aluminium sector and his historical challenges. He also talks about its China operations, its financials and forecasts, its expansion plans for more smelters and value-add in the auto sector. Lastly he discusses environmental concerns with its aluminium smelter plants in Sarawak.

BFM radio interview with Datuk Paul Koon, Group CEO of Press Metal Berhad

Joel

4,580 posts

Posted by Joel > 2014-08-26 12:23 | Report Abuse

Collect PRESS METAL B4 go up to RM6.50 in this week !
I m confident Pmetal will go through RM6.50 !

Joel

4,580 posts

Posted by Joel > 2014-08-26 12:34 | Report Abuse

PRESS METAL未来前景非常强!
不要在等了!

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-08-26 13:02 | Report Abuse

I hope the interview can be published in a few newspapers.

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