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

DK122

169 posts

Posted by DK122 > 2018-01-03 09:53 | Report Abuse

pmetal laosaii

DK122

169 posts

Posted by DK122 > 2018-01-03 14:47 | Report Abuse

KLCI INDEX SO UPPPP ....UP LA

telusdansuci

1,689 posts

Posted by telusdansuci > 2018-01-03 19:33 | Report Abuse

Those who said Press Metal tidak boleh that mean this counter is not suitable for them . For me Press Metal always boleh dan tetap boleh . Terima kasih banyak-banyak .

Posted by kitmanworld > 2018-01-04 10:57 | Report Abuse

PMETAL market cap nampaknya sudah jatuh...ramai yang jual ka ? Risau jugak

salman

1,554 posts

Posted by salman > 2018-01-04 11:11 | Report Abuse

kimanworld jgn risau..beli lagi PM

stumart

64 posts

Posted by stumart > 2018-01-04 17:02 | Report Abuse

good close for today

telusdansuci

1,689 posts

Posted by telusdansuci > 2018-01-05 09:13 | Report Abuse

Kaunter yang boleh tetap boleh . Terima kasih banyak-banyak .

stumart

64 posts

Posted by stumart > 2018-01-05 09:16 | Report Abuse

hit new high!

TF Peter

532 posts

Posted by TF Peter > 2018-01-05 10:45 | Report Abuse

PM BOLEH.

telusdansuci

1,689 posts

Posted by telusdansuci > 2018-01-05 10:52 | Report Abuse

Press Metal target price for today RM5.50 -5.60 ? Yes, Press Metal really can make it . The uptrend of Press Metal is not because of window dressing 2017 but is due to its strong fundamental and many more in this year 2018 .

Oreo Oreo

319 posts

Posted by Oreo Oreo > 2018-01-05 10:57 | Report Abuse

from RHB

Oreo Oreo

319 posts

Posted by Oreo Oreo > 2018-01-05 10:58 | Report Abuse

Aluminium prices have rebounded to hover above USD2,200.00/tonne.
This was after a temporary blip in early Dec 2017 from slower economic
activities in China due to seasonal factors. We maintain our BUY
recommendation with a higher TP of MYR5.95 (from MYR5.30, 12%
upside) after factoring in a 1% terminal growth (from 0%) as we become
more positive on the company’s future growth. This is on the back of
sturdy aluminium prices and improved operating efficiencies.
Share Data
Avg Daily Turnover (MYR/USD) 49.1m/11.9m
52-wk Price low/high (MYR) 1.74 - 5.39
Free Float (%) 43
Shares outstanding (m) 3,733
Estimated Return 12%
Shareholders (%)
Dato' Paul Koon

telusdansuci

1,689 posts

Posted by telusdansuci > 2018-01-05 11:08 | Report Abuse

Terima kasih @Oreo Oreo for sharing this good news to stimulate the uptrend of Press Metal . Press Metal always boleh , memang boleh dan tetap boleh .

Oreo Oreo

319 posts

Posted by Oreo Oreo > 2018-01-05 11:11 | Report Abuse

no worries telus,sorry for the incomplete report. could not copy properly because I'm on my mobile. will send a complete one I have access to computer!
pmetal boleh! selalu boleh!

telusdansuci

1,689 posts

Posted by telusdansuci > 2018-01-05 11:45 | Report Abuse

@ Oreo Oreo is okay and take your time so that everyone in this Press Metal 's forum can share for its and make this counter boleh , memang boleh , selalu boleh dan tetap boleh .

telusdansuci

1,689 posts

Posted by telusdansuci > 2018-01-05 12:22 | Report Abuse

Finally , already hit my target price RM 5.50 . Terima kasih banyak-banyak to Press Metal because no reason for Press Metal can't make it . Press Metal memang boleh dan tetap boleh .

Oreo Oreo

319 posts

Posted by Oreo Oreo > 2018-01-05 12:38 | Report Abuse

5 January 2018 Basic Materials | Metals
Press Metal
Buy (Maintained)
Target Price: MYR5.95
Price: MYR5.30
Market Cap: USD5,060m
Bloomberg Ticker: PMAH MK

Share Data
Avg Daily Turnover (MYR/USD) 49.1m/11.9m
52-wk Price low/high (MYR) 1.74 - 5.39
Free Float (%) 43
Shares outstanding (m) 3,733
Estimated Return 12%
Shareholders (%)
Dato' Paul Koon & brothers 51.0
Share Performance (%)
YTD 1m 3m 6m 12m
Absolute (1.7) 2.3 41.0 97.8 202.9
Relative (2.1) (3.0) 38.6 95.5 193.4


More Optimistic On Future Growth

Aluminium prices have rebounded to hover above USD2,200.00/tonne.
This was after a temporary blip in early Dec 2017 from slower economic
activities in China due to seasonal factors. We maintain our BUY
recommendation with a higher TP of MYR5.95 (from MYR5.30, 12%
upside) after factoring in a 1% terminal growth (from 0%) as we become
more positive on the company’s future growth. This is on the back of
sturdy aluminium prices and improved operating efficiencies.

Aluminium prices remain resilient. Aluminium prices have rebounded to
hover above USD2,200.00/tonne after a temporary blip in early Dec 2017. We
believe the weaknesses are mainly due to seasonal factors, given slower
economic activities in China during the winter months. As such, we make no
changes to our aluminium price assumptions of USD1,925.00/tonne for 2018
and USD2,118.00/tonne for 2019. This is as we are also aware that most of the
2018’s – and around one-third of 2019’s – positions have been hedged.

Potential upside in aluminium prices. We still see potential upside on the
aluminium prices, as currently half of the smelters in China are still loss-making
from rising energy costs due to higher coal prices. In addition, we expect the
demand and supply situation to be slightly tilted towards a deficit this year, as
China continues to impose restrictions on industrial output to reduce smog
pollution. Harbor Aluminium, the aluminium industry consultant, also estimates
global aluminium demand to grow at an average 5.8% pa until 2020.

Another record year. We are expecting another record year in 2018 for Press
Metal. Key drivers include:
i. Samalaju Port, which was commissioned last year, would help to cut
inland logistics and shipping costs;
ii. Increased value-added production to enhance profitability – estimated to
increase to 50% (from 30%) by end-2018;
iii. 20% JV with Sunstone Development Co Ltd of China to reduce carbon
costs in FY18;
iv. Potential upside in aluminium prices, with spot contracts at the London
Metal Exchange hovering at above the USD2,200.00/tonne mark.

Maintain BUY. We continue to like Press Metal and make no changes to our
earnings. However, we raise our DCF-derived TP to MYR5.95 (from MYR5.30)
after factoring in a 1% terminal growth (from 0%)). This is as we become more
positive on the company’s future growth on the back of the brighter outlook for
aluminium prices. Our new TP implies 25x 2018F P/E, which is close to +2SD
of its historical P/E. We believe this is justified, given Press Metal’s projected 3-
year earnings CAGR of 36%.

Key risks include lower aluminium prices that could hurt profitability and
investor sentiment towards the counter. Meanwhile, unexpected power supply
interruptions at the smelting plant may damage machinery and disrupt
operations.

Source: Company data, RHB

Oreo Oreo

319 posts

Posted by Oreo Oreo > 2018-01-05 12:39 | Report Abuse

here you go! so telus ,u still holding any pmetal shares?

telusdansuci

1,689 posts

Posted by telusdansuci > 2018-01-05 12:58 | Report Abuse

@ Oreo Oreo thanks , i still holding Press Metal shares and also add PmbTech because i know this Koons family's business won't disappointed us . Luckily , last year i moved all my laggard stocks to Press Metal . Terima kasih banyak-banyak . More to come this afternoon? Pmetal memang boleh dan tetap boleh .

ttluck

769 posts

Posted by ttluck > 2018-01-05 13:58 | Report Abuse

yessssssss...............finally......best portfolio....up steadily.....

Posted by mongmongcaca > 2018-01-05 14:59 | Report Abuse

5.50 hooray

Posted by Alan930000 > 2018-01-05 15:16 | Report Abuse

after 5.50 straight fly ! go go go

telusdansuci

1,689 posts

Posted by telusdansuci > 2018-01-05 15:20 | Report Abuse

If really Press Metal can reached target price RM6.00 before this coming Chinese New Year 2018 , i think should be no problem for Press Metal to reached another new target price RM6.50 - 7.00 in February onward ? Press Metal memang boleh dan tetap boleh .

tony__kow

265 posts

Posted by tony__kow > 2018-01-05 15:22 | Report Abuse

good move.....

leo0326

7 posts

Posted by leo0326 > 2018-01-05 15:42 | Report Abuse

should I buy some?

wikioon

196 posts

Posted by wikioon > 2018-01-05 15:46 | Report Abuse

given the cue on monday, mentioned abt pmetal hitting new milestone. barring al lme dropping, whispers are rhb target price will hit by this month. wont hit 6.00 though big resistance for that - will be highly dependant on year end result and dividend.

telusdansuci

1,689 posts

Posted by telusdansuci > 2018-01-05 16:58 | Report Abuse

Terima kasih banyak-banyak Press Metal kerana telah mencapai harga RM5.50 , iaitu harga tertinggi sekali tahun ini . Press Metal memang boleh , selalu boleh dan tetap boleh . Kebolehan Press Metal tetap akan disambungkan seterusnya bagi tahun ini 2018 .

Oreo Oreo

319 posts

Posted by Oreo Oreo > 2018-01-05 17:01 | Report Abuse

terima kasih telus dan semua. kerana menyokong pmetal.

telusdansuci

1,689 posts

Posted by telusdansuci > 2018-01-05 17:04 | Report Abuse

Terima kasih banyak-banyak juga kepada tertamu khas , iaitu @ Oreo Oreo . Sentiasa ingat , PRESS METAL BOLEH , MEMANG BOLEH dan TETAP BOLEH .

HH2004227

122 posts

Posted by HH2004227 > 2018-01-05 17:47 | Report Abuse

Great closing today, more to come!

Posted by Isaactee22 > 2018-01-06 16:37 | Report Abuse

肯纳格看好齐力工业(PMETAL,8869,主板工业产品组)可从中受惠,且产线提升及较低的原材料,预期盈利可取的双位数成长。

telusdansuci

1,689 posts

Posted by telusdansuci > 2018-01-06 20:29 | Report Abuse

Next week my target price for Press Metal is RM5.70 . I believe Press Metal can make it and reached TP RM 6.00 before February or in the month of February 2018 . Press Metal memang boleh dan tetap boleh . Done Jones up 220.74 points to 25,295.869 . No reason why Press Metal can't make it and terima kasih banyak-banyak dahulu .

salman

1,554 posts

Posted by salman > 2018-01-07 23:18 | Report Abuse

telus will it go higher than rm6.00 after Feb?

telusdansuci

1,689 posts

Posted by telusdansuci > 2018-01-08 08:55 | Report Abuse

Selamat pagi @Salman , untuk menyaksikan bahawa Press Metal melepasi RM6.00 sebelum atau selepas dalam bulan February ini , kekuatan nafsu kesabaran kena dimiliki oleh kami semua terlebih dahulu . Secara peribadi saya , Press Metal memang boleh dan tetap boleh dan tiada sebab kenapa Press Metal tidak boleh . Terima kasih banyak-banyak .

meistsk3134

2,368 posts

Posted by meistsk3134 > 2018-01-08 20:40 | Report Abuse

Pmetal tetap bola

telusdansuci

1,689 posts

Posted by telusdansuci > 2018-01-09 09:45 | Report Abuse

Pergerakan yang sihat , anyway target price for this week still unchanged RM5.70 ? Invisible hand already given the green light to push its up again ? Keep on waiting for it . Press Metal memang boleh dan tetap boleh .

Johnmajor

260 posts

Posted by Johnmajor > 2018-01-09 09:57 | Report Abuse

Sell before RM5.70. Take profit and wait for correction.

telusdansuci

1,689 posts

Posted by telusdansuci > 2018-01-09 10:44 | Report Abuse

Memiliki kaunter Press Metal dan PmbTech may give you peaceful mind and free of worrying and also sadness . Tepuk dada tanya selera , adakah Telusdansuci katakan itu benar atau tidak? Press Metal selalu boleh dan tetap boleh . Terima kasih banyak-banyak . Saya pakai bahasa rojak sebab kurang pandai dalam bahasa Inggeris . Maaf ya .

hero666

689 posts

Posted by hero666 > 2018-01-09 11:05 | Report Abuse

@telusdansuci, whole market is red red red profit taking day, only pmetal stand strong, boleh dan tetap boleh. Hopefully can breakout 5.55/5.6, and also pmbtech coming along !!!

telusdansuci

1,689 posts

Posted by telusdansuci > 2018-01-09 11:16 | Report Abuse

Signal already given out and make your own decision . Always boleh dan tetap boleh .

alpacino

385 posts

Posted by alpacino > 2018-01-09 11:23 | Report Abuse

Eversince I followed Telusdansuci I have absolutely No REGRETS. I have converted almost all shares to Pmetal

alpacino

385 posts

Posted by alpacino > 2018-01-09 11:25 | Report Abuse

Telusdansuci memang adanya 2 kaunter ini rasa peaceful.

alpacino

385 posts

Posted by alpacino > 2018-01-09 11:26 | Report Abuse

Thank you Telusdansuci

telusdansuci

1,689 posts

Posted by telusdansuci > 2018-01-09 11:45 | Report Abuse

@alpacino, terima kasih . Dalam peribahasa melayu , " Harap Pagar Tetapi Pagar Makan Padi ". Akan tetapi , bagi Press Metal ia memang tak akan ' makan padi ' sendiri , ya . Anyway , Press Metal will give you eat more paddy ( padi ) . Thank you Press Metal .

meistsk3134

2,368 posts

Posted by meistsk3134 > 2018-01-10 00:04 | Report Abuse

Wee wang wang

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