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

Posted by Mohd Fahmi Bin Jaes > 2018-03-05 10:06 |

Post removed.Why?

Posted by ihoncoko123 > 2018-03-05 10:10 | Report Abuse

Too high P/E

Posted by Terbalik King > 2018-03-05 10:17 | Report Abuse

why run?

bjgdila123

3,470 posts

Posted by bjgdila123 > 2018-03-05 10:20 | Report Abuse

back to 3.00

telusdansuci

1,696 posts

Posted by telusdansuci > 2018-03-05 10:51 | Report Abuse

Details of Trump's tariff plan are still unknown, and Celente said the tariff might not to imposed at all after critism from Republican lawmakers and U.S. industries heavily dependent on steel and aluminium . Petikan dari Star online 3 March 2018 .

Posted by Kendo Ken Hz > 2018-03-05 10:59 | Report Abuse

Buying opportunity, in chaos,
Fundamental sound blue chip, no worry.
On longer terms

Posted by diamondgnat > 2018-03-05 11:10 | Report Abuse

Let the noobs panic sell and then BUYING OPPORTUNITY!

alpacino

385 posts

Posted by alpacino > 2018-03-05 11:30 | Report Abuse

Look at PMBTECH - V-shape recovery. Good boy.

alpacino

385 posts

Posted by alpacino > 2018-03-05 11:32 | Report Abuse

Just a matter of time for PM too. Trump just doing blow job.

Fakkmi

1 posts

Posted by Fakkmi > 2018-03-05 11:33 | Report Abuse

Amateur operator, that's all you can do? I was expecting 15% drop to collect even more, don't dare to drop more?

alpacino

385 posts

Posted by alpacino > 2018-03-05 11:35 | Report Abuse

Collect more while you can bro.

telusdansuci

1,696 posts

Posted by telusdansuci > 2018-03-05 12:12 | Report Abuse

" Sandiwara " atau " Main Wayang " lagi oleh mereka . Ada spare duit boleh kutip untuk simpan long term sebab Press Metal memang boleh dan tetap boleh .

curious2

1,812 posts

Posted by curious2 > 2018-03-05 12:34 | Report Abuse

Drop back. Can kick out in next CI review?

Posted by Richard KH Wong > 2018-03-05 12:46 | Report Abuse

Kendo Ken Hz 5.00 can buy in?

LATO' SELI

394 posts

Posted by LATO' SELI > 2018-03-05 13:06 | Report Abuse

Waiting for 4,00

fkser

622 posts

Posted by fkser > 2018-03-05 13:44 | Report Abuse

Sure bo can down to 4.00

Posted by Mohd Fahmi Bin Jaes > 2018-03-05 13:49 | Report Abuse

Wait 4.60

AhKoons

1 posts

Posted by AhKoons > 2018-03-05 13:56 | Report Abuse

Wait at 3.50 confirm can get this week, all sinkalan so panic for lan

salman

1,582 posts

Posted by salman > 2018-03-05 14:13 | Report Abuse

hahaha..Suddenly all the margin player are appearing in this forum again…please don’t listen to them

Ricky Yeo

1,637 posts

Posted by Ricky Yeo > 2018-03-05 14:13 | Report Abuse

I think whether to buy or not to buy should be an independent decision rather than asking for opinion, especially opinions coming from public forum. As Hengyuan has shown, following other is dangerous when one doesn't know what he is doing, even if the price he enter represent good value.

Posted by chickenrice99 > 2018-03-05 14:24 | Report Abuse

this one sure fly..just like trump's face like lo mai kai

kkteng70

432 posts

Posted by kkteng70 > 2018-03-05 14:30 | Report Abuse

Is time to come down.

tony__kow

265 posts

Posted by tony__kow > 2018-03-05 14:36 | Report Abuse

grab

6stars

68 posts

Posted by 6stars > 2018-03-05 14:39 | Report Abuse

Hi, Newbie here. Share dropped 15% already. Can buy now?

6stars

68 posts

Posted by 6stars > 2018-03-05 15:07 | Report Abuse

Since info is not forthcoming, n with Ricky Yeo comments, decided to buy.
5/ shd be ok, I hope.

huatong

95 posts

Posted by huatong > 2018-03-05 15:50 | Report Abuse

Besok, exercise warrant again. What a timing?

Ricky Yeo

1,637 posts

Posted by Ricky Yeo > 2018-03-05 16:38 | Report Abuse

You hope? Good luck

Slimy

119 posts

Posted by Slimy > 2018-03-05 16:59 | Report Abuse

I hope putin releases trump golden shower sex tape

Posted by Longterminvestors > 2018-03-05 18:14 | Report Abuse

Wao good company still give public disclosure to follow up on the case, less than one percent of revenue affected...

goodjoe

486 posts

Posted by goodjoe > 2018-03-05 18:28 | Report Abuse

this is what i call a solid company. press release to reduce jitters

fkser

622 posts

Posted by fkser > 2018-03-05 18:56 | Report Abuse

sell like no tomorrow

Ninetales

57 posts

Posted by Ninetales > 2018-03-05 19:29 | Report Abuse

So 10% tax from 1% revenue but almost 15% drop in 2 days...
Tomorrow how?

fkser

622 posts

Posted by fkser > 2018-03-05 20:03 | Report Abuse

i follow Mohd Fahmi Bin Jaes Wait 4.60

greatful

1,644 posts

Posted by greatful > 2018-03-05 20:10 | Report Abuse

Good stock will rebound faster than you anticipate when the time comes.
Do not buy / sell too frequent in 2018.
Set a investment strategy and goal, then follow as per plan.

Good Luck.

alpacino

385 posts

Posted by alpacino > 2018-03-05 20:17 | Report Abuse

Very responsible management. Thank you.

Oreo Oreo

319 posts

Posted by Oreo Oreo > 2018-03-05 20:17 | Report Abuse

KUALA LUMPUR (March 5): Press Metal Aluminium Holdings Bhd said today that it will be minimally affected by US President Donald Trump's sweeping tariffs on steel and aluminum imports.

"We understand that the market is concerned after learning about the potential tariff on aluminium which may be implemented by the US. We have been monitoring this development and we feel the current direct impact to our business is minimal," it said in a statement today.

Press Metal explained it exports "a very minimal amount" of its primary aluminium products to the US.

"Including extrusion products, our exposure to the US market is less than 1% of our total revenue," Press Metal said.

Shares in Press Metal fell sharply by as much as 10.2% to hit an intraday low of RM4.91 in early trade today, on concerns over Trump's plan to levy a 10% tariff on all imports of the metal. It pared early losses to close at RM4.97, down by 50 sen or 9.14% from Friday's closing, bringing a market capitalisation of RM19.32 billion. A total of 31.81 million shares exchanged hands.

In the statement, Press Metal noted that the consumption of primary aluminium in the US is almost 6 million tonnes in 2017, compared with domestic production of close to only 1 million tonne. 

"Canada, Russia and the Middle East are the top three exporters to the US, constituting some 80% to 90% of the US imports of primary aluminium," it added.

According to ratings agency Moody's, Asia, which produces more than two-thirds of the world's steel, will be minimally affected when compared to the rest of the US' trading partners.

amet2017

3,150 posts

Posted by amet2017 > 2018-03-05 20:27 | Report Abuse

Kesian kaunter yang bagus pun ada ramai mulut busuk.

nekosan

3,637 posts

Posted by nekosan > 2018-03-05 20:33 | Report Abuse

"Canada, Russia and the Middle East are the top three exporters to the US, constituting some 80% to 90% of the US imports of primary aluminium," it added.
----------------------
this few countries will cause oversupply and create competitor to pmetal.
so dont say no affect !

Posted by Kendo Ken Hz > 2018-03-05 20:59 | Report Abuse

1% sales to USA mkt

Posted by Kendo Ken Hz > 2018-03-05 21:17 | Report Abuse

A good company always has solid competitive strength n magement team,
to face any competitions n crisis management.

tecpower

3,536 posts

Posted by tecpower > 2018-03-05 21:25 | Report Abuse

Minimal impact from US tariffs, says Press Metal | http://www.klsescreener.com/v2/news/view/349729

wikioon

196 posts

Posted by wikioon > 2018-03-05 23:21 | Report Abuse

this fact is already known by research house and fund managers. spooking tactic to scare investors like those in these forums who know zilch abt aluminium industry and pmab core business. with this press release, straight rebound

meistsk3134

2,368 posts

Posted by meistsk3134 > 2018-03-05 23:39 | Report Abuse

big shark run away after hear news.

kkteng70

432 posts

Posted by kkteng70 > 2018-03-06 00:30 | Report Abuse

game over

tecpower

3,536 posts

Posted by tecpower > 2018-03-06 01:11 | Report Abuse

Press Metal explained it exports "a very minimal amount" of its primary aluminium products to the US.

Yu_and_Mee

3,455 posts

Posted by Yu_and_Mee > 2018-03-06 05:51 | Report Abuse

Market always so sentiment

Posted by Mohd Fahmi Bin Jaes > 2018-03-06 06:02 | Report Abuse

Sentimen is king

Post a Comment