Nowadays a lot of cars are changing their spare parts to aluminium in order to reduce the weight (lighter car consumes less petrol). PMetal still has room to grow. Besides, it's located at Sarawak where the electricity cost is cheaper and near Bintulu port where can save transportation cost. Moreover, China is reducing their polluted industries which will be benefit to PMetal and PMetal has the chance to be included in FBM KLSE by the end of this year. This will support the price. It has been going up for quite a while, it is normal to have adjustment. Who knows may be some institutions or fund managers are trying to push down the price so they can buy at a cheaper rate. I don't know how the next QR is going to be. If the result is not so good and cause the price falls, it might be a good chance to collect more. If KESM can fly from $4 to $17, I don't see why PMetal can't. If not $17, then may be $10 ?
@vzcb1t old news liao lor... they are supplying alu to BMW and other luxury car manufacture, mainly sport rim etc, current price already factor in dy... for long term definitely will PMETAL have the superb potential, but now all ppl here more like short term profit taking gang.
tianyue sorry i am newbie, i always saw some comment and there is a person reviewer mention: "old man", may i know who is the "old man" ? 07/11/2017 12:06
dont think so much..some of the comment here are just just to troll or main main only..no need to bother...if newbie...LEARN TO FILTER info..that is most important...here in forum alot of ppl like to play mind games...just ignore them.
Y need to panic selling off your shares. It's just profit taking, since the share price have rally so much in short term. There will be corrections at certain points. Pmetal memang boleh Dan tetap boleh.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
paktua73
18,357 posts
Posted by paktua73 > 2017-11-07 10:37 | Report Abuse
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old man die now hu hu tut ut