PRESS METAL ALUMINIUM HOLDINGS BERHAD

KLSE (MYR): PMETAL (8869)

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Last Price

5.24

Today's Change

+0.04 (0.77%)

Day's Change

5.18 - 5.31

Trading Volume

8,523,100


18 people like this.

15,895 comment(s). Last comment by Augustine 3 days ago

TF Peter

532 posts

Posted by TF Peter > 2017-12-08 08:59 | Report Abuse

Useful info

telusdansuci

1,689 posts

Posted by telusdansuci > 2017-12-08 09:45 | Report Abuse

Press Metal by next week heading into uptrend , by 18 December 2017 from uptrend turn into bull trend and by next year onward from uptrend & bull trend will turn it into super bull trend because Press Metal always boleh dan tetap boleh . Terima kasih banyak-banyak Press Metal .

telusdansuci

1,689 posts

Posted by telusdansuci > 2017-12-08 10:09 | Report Abuse

If you feels uncomfortable by holding Press Metal stock then this counter is not suitable for you and better you leave its and go for another counter to avoid getting health problem . Press Metal memang boleh dan tetap boleh .

tan850201

151 posts

Posted by tan850201 > 2017-12-08 11:57 | Report Abuse

8wpwtmt8 , are you saying that now is window dressing time?

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-12-08 12:40 | Report Abuse

Dear tan850201, wait till PMETAL officially included into the KLCI first on 18/12/2017. At this moment still cannot assess. My target price is RM5.50 and above.

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-12-08 14:08 | Report Abuse

Somebody still dunno i hold 25 lot from beginning till now

tan850201

151 posts

Posted by tan850201 > 2017-12-08 14:43 | Report Abuse

8wpwtmt8, normally the best timing to enter is before or after the listing date? hard to judge for me. need expert opinion here

tianjin

468 posts

Posted by tianjin > 2017-12-08 14:46 | Report Abuse

Hilarious comments coming in , nobody needs to know what's your holding and it won't have any impact on Pmetal ......

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-12-08 15:39 | Report Abuse

Dear tan850201, the ex-dividend date is 13/12/2017. If you want the dividend, the last day to buy is on 12/12/2017. Its share price all depends on market makers. What I know is big funds bought 90,869,000 shares at RM5.20 on 30/11/2017 (4.50 pm) when PMETAL is chosen to be included into MSCI large cap index.

https://www.thestar.com.my/business/business-news/2017/11/15/even-score-for-msci/

So, I believe soon or later, PMETAL price will go back to at least RM5.20.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-12-08 15:52 | Report Abuse

Moreover, TAN SRI DATO' KOON POH KEONG has also exercise 50,000,000 PMETAL-WC to make PMETAL capitalization looks larger, as explained by some of the forumers above.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5628841

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-12-08 22:18 | Report Abuse

Ok buy more for future.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-12-09 11:29 | Report Abuse

Strong China Trade Data / Above Expectation US Jobs Report / Record Breaking US Markets on Last Friday / Aluminium price still above USD2000 per tonne (USD2014.50)

PMETAL drops for 5 consecutive days already. I have the same opinion with Telusdansuci that PMETAL will rebound next week (a bit also okay already).

JKWIN

50 posts

Posted by JKWIN > 2017-12-09 22:14 | Report Abuse

Just view Pmetal Chart, is uptrend...

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-12-10 17:35 | Report Abuse

https://www.investopedia.com/university/charts/charts3.asp

Looks like a cup and a handle chart is formed. Sky is the limit.

salman

1,554 posts

Posted by salman > 2017-12-10 21:32 | Report Abuse

A cup-and-handle pattern resembles the shape of a tea cup on a chart. This is a bullish continuation pattern where the upward trend has paused, and traded down, but will continue in an upward direction upon the completion of the pattern.

MINMAX

18 posts

Posted by MINMAX > 2017-12-11 12:51 | Report Abuse

salman, 8wpwtmt8 nice observation.

Price is also supported by 20MA time and again. Like some of the forumers said, Pmetal will fly again and this time much stronger. Ha ha fully agree. FA+TA rules. Tq Pmetal.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-12-11 18:17 | Report Abuse

https://www.reuters.com/article/us-china-pollution-aluminium/chinas-winter-cuts-heat-up-aluminum-market-idUSKBN1CM11C

Just hope that the aluminium price could stay above USD2000 per tonne.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-12-11 18:22 | Report Abuse

https://www.ft.com/content/86581c8e-bfe1-11e7-b8a3-38a6e068f464

China gears up for hefty aluminium production cuts

Xi Jinping’s war on smog looks set to make capacity reduction an enduring theme.

BrahmaBull

163 posts

Posted by BrahmaBull > 2017-12-11 18:42 | Report Abuse

almost there..

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-12-11 22:17 | Report Abuse

Buy buy tp 6

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-12-12 06:40 | Report Abuse

Aluminium price rebounded from a low of USD2004 per tonne to close at USD2028.25 yesterday (11 December 2017).

Posted by makesomemoney > 2017-12-12 07:11 | Report Abuse

this company is even larger than gamuda now

Posted by Mohd Fahmi Bin Jaes > 2017-12-12 10:14 |

Post removed.Why?

tan850201

151 posts

Posted by tan850201 > 2017-12-12 10:33 | Report Abuse

wau...discount price before the listing date!!!

wantocin

175 posts

Posted by wantocin > 2017-12-12 10:37 | Report Abuse

time to buy before late

kenlee

2,808 posts

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

strong buy, will be 8-9

Posted by Mohd Fahmi Bin Jaes > 2017-12-12 10:56 | Report Abuse

now time to sell back tq

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-12-12 12:45 | Report Abuse

Only got one local institutional investor:
CITIGROUP NOMINEES (TEMPATAN) SDN BHD
Employees Provident Fund Board
68,356,300 shares
1.83%

eklim65

174 posts

Posted by eklim65 > 2017-12-12 13:46 | Report Abuse

18 Dec will official in FBM KLCI component stock list. The price may swing back to RM4.50 after 18 Dec.

tan850201

151 posts

Posted by tan850201 > 2017-12-12 14:04 | Report Abuse

eklim65, any reason to support your comment? listing in FBM KLCI suppose to be a good sign

salman

1,554 posts

Posted by salman > 2017-12-12 15:24 | Report Abuse

Telus - suara2 halus sudah kembali lagi

skyy

7 posts

Posted by skyy > 2017-12-12 15:25 | Report Abuse

die die also hold until 6.00, this counter is superman

eklim65

174 posts

Posted by eklim65 > 2017-12-12 18:15 | Report Abuse

PE is way tooo high...

chii

1 posts

Posted by chii > 2017-12-12 18:16 | Report Abuse

Agreed, price is going to shoot up in no time. Grab while it's still under the radar.

meistsk3134

2,368 posts

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

Lol... guy becareful

pranata

3 posts

Posted by pranata > 2017-12-12 19:43 | Report Abuse

Ya, all better RUN better try your luck on gamble to be careful.

Yu_and_Mee

3,451 posts

Posted by Yu_and_Mee > 2017-12-13 06:43 | Report Abuse

if drop then good time to buy. if drop better drop to 1.00 then can make more money

Posted by jack daniel > 2017-12-13 08:13 | Report Abuse

budak baru masuk forum pmetal komen macam sial.................

Posted by jack daniel > 2017-12-13 08:21 | Report Abuse

if got guts buy n hold lor.......... this stock for fundamental investor and will up trend..... kaji lah core bisnes, company expansion, profit, revanue, company output for next quaters or another 2 years....
ini beli stock ikut ckp org, then turun sikit riuh satu kampung macam ayam betina..... lancau.....

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-12-13 08:37 | Report Abuse

newbie jack. sometime stock not related with company. it involve big shareholder, country

Posted by dentistgigi > 2017-12-13 09:54 | Report Abuse

sounds professional may I ask SIFU meistsk, today can drop to 4.50?

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-12-13 11:14 | Report Abuse

Maybe pay dividend

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-12-13 11:20 | Report Abuse

Speechless...

Got lured by the inclusion of PMETAL into MSCI large cap index and FBMKLCI component stock:
The price of aluminium has dropped from a high of US$2200 to US$2000 due to the following bad news:

http://www.alcircle.com/news/primary-aluminium/detail/29334/price-correction-takes-lme-aluminium-below-us2000t-mark

It is quite apparent now that the global aluminium market ex-China is moving toward a surplus. The expectations of tighter supply because of smelter capacity cutbacks in China seem to have started fading now as the cuts have been less than expected. In China, on the other hand, primary aluminium output kept rising. All these factors have led LME aluminium prices to correct over the last weeks falling below US$2,000 per tonne mark.

The light metal which closed at US$2,028.0 per tonne on Wednesday, December 6, dropped to US$1,994 per tonne on Thursday, December 7. The price is expected to fluctuate in the US$1,900-2,000 per tonne range in the short term.

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-12-13 11:34 | Report Abuse

Good new...

Posted by trinitynoob > 2017-12-13 11:39 | Report Abuse

pmetal a falling knife?

Posted by trinitynoob > 2017-12-13 11:39 | Report Abuse

what goes up! most likely will go down

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-12-13 13:06 | Report Abuse

Bad news come one after another.

https://www.platts.com/latest-news/metals/tokyo/lme-aluminum-stocks-post-first-rise-in-3-weeks-27896729

LME aluminum stocks post first rise in 3 weeks on more Malaysian Port Klang stocks

Posted by Mohd Fahmi Bin Jaes > 2017-12-13 13:08 | Report Abuse

Yesterday sell

Xiaoqi

2 posts

Posted by Xiaoqi > 2017-12-13 13:17 | Report Abuse

Ya followed you sold all 5.50 yesterday

meistsk3134

2,368 posts

Posted by meistsk3134 > 2017-12-13 13:37 | Report Abuse

Next year focus other counter

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