Posted by SHC70 > 2018-03-06 08:05 | Report Abuse

Us market sentiment improved with DJ up more than 330 points

Posted by m_aloha > 2018-03-06 08:48 | Report Abuse

Buy during fake crisis..

Posted by amet2017 > 2018-03-06 09:03 | Report Abuse

Walaupun tidak memegang saham kaunter ini, tetapi saya lihat pihak pengurusan sangat berhemah dan bertanggungjawab membuat press statement bg menjaga kepentingan pelabur

Posted by salman > 2018-03-06 09:17 | Report Abuse

those who waited for 4.60 ..can only dream of it

Posted by 6stars > 2018-03-06 09:30 | Report Abuse

Yes. Good that I bought yesterday

Posted by richdad_88 > 2018-03-06 09:40 | Report Abuse

Only good management will take care of minority shareholders' interest. thumbs up to PMetal management for the timely press release.

Posted by telusdansuci > 2018-03-06 09:55 | Report Abuse

As i mentioned earlier , not easy to get one good CEO to run the company like Press Metal Aluminium Holding Berhad . Terima kasih banyak-banyak sebab Press Metal memang boleh dan tetap boleh . Target price tetap RM 6.00 or above .

Posted by Oreo Oreo > 2018-03-06 09:59 | Report Abuse

@telus, it's indeed a good and responsible management.. but sadly,it (the stock) needs some time to recover back to where it used to be. :(

Posted by wisdom7333 > 2018-03-06 09:59 | Report Abuse

Who knows tariff may eventually fall through the cracks, as Trump's also bogged down with the investigation on his probable political campaign collussion with the Russians. The Russian probe will likely conclude only in the next few months.

https://www.usatoday.com/story/news/politics/2018/03/02/russia-probe-d...

Posted by wisdom7333 > 2018-03-06 10:09 | Report Abuse

https://www.usatoday.com/story/news/politics/2018/03/02/russia-probe-did-trump-campaign-collude-kremlincongressional-committees-unlikely-answer-trump-collus/388789002/

Posted by viknes36 > 2018-03-06 11:20 | Report Abuse

nice, manage to grab at rm5. time to collect dividend next week

Posted by telusdansuci > 2018-03-06 11:48 | Report Abuse

We should listen more to the CEO of Press Metal rather than listen to Mr Trump because Tan Sri Dato Paul Koon is running the company and not Mr Trump is running it . Always remember , Press Metal memang boleh and tetap boleh . Terima kasih banyak-banyak to Tan Sri Dato Paul Koon . Don't forget , Pmb Tech also boleh dan tetap boleh .

Posted by telusdansuci > 2018-03-06 12:33 | Report Abuse

US President Donald Trump faced growing pressure from political allies to pull back from proposed steel and aluminium tariff . Petikan dari The Star Online , Tuesday 6, 2018 . Another " Sandiwara " dipermainkan oleh mereka but don't worry because Press Metal always boleh dan tetap boleh .

Posted by wisdom7333 > 2018-03-06 12:40 | Report Abuse

"Trump faces pushback on tariffs but says he will not back down" --

“We’re not backing down,” Trump said during a White House meeting with Israeli Prime Minister Benjamin Netanyahu. “I don’t think you’re going to have a trade war,” he added, without elaborating.

https://www.reuters.com/article/us-usa-trade/trump-faces-pushback-on-tariffs-but-says-he-will-not-back-down-idUSKBN1GH26D

Posted by meistsk3134 > 2018-03-06 13:01 | Report Abuse

ceo telus sudah coming

Posted by oldbeginner > 2018-03-06 13:34 | Report Abuse

Trump is f**king nuts. One side of him said trade war is good while another side of him raised tariff because his country's aluminium and steel industries are facing competition from imports. By the way , they still need aluminium and steel , aren't they ? So end users like us will be paying more for their American products.

Posted by DK122 > 2018-03-06 14:43 | Report Abuse

pmetal still got long way to go...always support

Posted by viknes36 > 2018-03-06 15:11 | Report Abuse

correct, hurdles makes pmetal strong and value... long run sure win

Posted by Kendo Ken Hz > 2018-03-06 17:14 | Report Abuse

Still got more potential, look at Nestle.. Benchmark per formance

Posted by goodjoe > 2018-03-06 18:17 | Report Abuse

Trump has shown himself to be deeply ignorant of issues at hand. If you raise tariffs, then you will kill off other industries in the US and impact big companies like coca cola, ford, gm, construction companies etc...

So you are going to save a few thousand steel jobs and slow down the inevitable but destroy another 500,000 good paying jobs?

My personal opinion: He knows what he is doing, so he gets his kids to long or short before he makes announcements like this and ends up making huge profits. The sooner we see the back of him, the better. He is rocking the markets for his own benefit.

Posted by Oreo Oreo > 2018-03-06 20:14 | Report Abuse

We are neutral on President Donald Trump’s plan to impose a 10% tariff on aluminium imported into the US. The impact on
global aluminium prices and Press Metal would be minimal, since the US accounts for less than 10% of the world’s
aluminium consumption. It is also not easy to revive aluminium production in the US, as cheap electricity is required in order
for the industry to be competitive. This is not the case in the US, where electricity is mostly generated by coal and natural
gas. Meanwhile, there is still a potential upside to global aluminium prices – half of the smelters in China are still loss-making
from rising energy costs stemming from higher coal prices. We believe yesterday’s sell-off of Press Metal shares now
presents an opportunity to BUY. As such, we upgrade our call from Neutral, but our TP remains at MYR5.85 (18% upside).
A US tariff on aluminium? Last Thursday, President Donald Trump said that the US will impose a 10% tariff on aluminium imports, in
order to deal with the excessive importing of the commodity. While no further details on the matter were made available, market
analysis suggests that this proposal has not been carefully thought through, and could be counter-productive to the US economy.
According to Harbor Aluminium, a 10% duty on US aluminium imports could eliminate at least 23,000 jobs and as much as USD45bn
in the manufacturing sector. The amplified negative effect on the US’ manufacturing sector would be 80 times bigger than that on the
country’s aluminium downstream industry. Harbor Aluminium also said that the policy may increase direct jobs in the aluminium
smelting industry by around 1,900 – but this would be offset by the elimination of at least 23,000 jobs in the US manufacturing sector.
Neutral on the planned tariff. We are neutral on Mr Trump’s plan, and believe the impact on aluminium prices and Press Metal’s
outlook would be quite minimal. The US only accounts for less than 10% (c.6m tonnes) of the world’s consumption, and it currently
produces about 1m tonnes pa. As such, it is a net importer of about 4-5m tonnes pa. Having said that, around 71% of the US’
aluminium imports come from Canada and Russia. The breakdown of the US’ imports of primary aluminium are shown in Figure 3. In
addition, we believe it would not be easy to revive US aluminium production, as the industry requires cheap electricity to be
competitive – which is not the case there, as electricity is mostly generated by coal and natural gas. Also, it takes about three years’
lead time to build a new smelting plant. Hence, consumers in US might have to import the aluminium, anyway.
China, the largest consumer of aluminium, is only a small exporter. China is currently the world’s largest producer and consumer
of aluminium products by far. The country currently accounts for over 50% of global aluminium production, or about 34m tonnes pa. It
consumes around 32m tonnes – which implies that it annually exports about 2m tonnes (or 3% of global consumption).
Demand still intact. Global aluminium prices have risen at a 5.1% CAGR since 2015, and are expected to continue increasing. We
believe the global demand for aluminium would remain intact, with growth mainly driven by the transportation, construction and
electrical sectors. Currently, about 24% of primary aluminium demand comes from the transportation sector. Regulations on emissions
and market expectations on performance call for lighter vehicles. Cars and trucks utilising a higher proportion of aluminium would
increasingly enter the market in the next five years. Having an all-aluminium unibody structure would enable vehicle manufacturers to
achieve their weight reduction targets. This is on top of enhancing the performance of the vehicle, improving its fuel usage, and
reducing the emission of carbon dioxide. Aluminium also makes up 60% of materials used in single-aisle aircraft. Aluminium
consumption in aircraft production is expected to grow by 10% in the next few years.
Potential upside in aluminium prices. Aluminium prices have rebounded, and are hovering above USD2,100.00/tonne after a
temporary blip in early Dec 2017. We believe the weakness was mainly due to seasonal factors, given the deceleration in economic
activity in China during the winter months. We keep our aluminium price assumptions in our model for Press Metal, ie at
USD1,925.00/tonne for 2018, and USD2,118.00/tonne for 2019. This is because the company has already sold forward most of its
2018F production and approximately one-third of 2019F output. We still see a potential upside for 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 remain in a slight deficit this year, as China continues to impose restrictions on aluminium output to reduce pollution.
BUY.

Posted by Oreo Oreo > 2018-03-06 20:14 | Report Abuse

As the knee-jerk sell-off of Press Metal shares now present an opportunity to BUY, we upgrade our call from Neutral. Our TP
stays at MYR5.85 (18% upside). 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.

Posted by Oreo Oreo > 2018-03-06 20:15 | Report Abuse

RHB research

Posted by sami > 2018-03-06 20:58 | Report Abuse

不要高兴得太早

Posted by sami > 2018-03-06 21:03 | Report Abuse

特朗普还没说对进口钢铁和铝征收高关税前就已经降了，我看没那么简单

Posted by alpacino > 2018-03-06 21:14 | Report Abuse

Many thanks for sharing Oreo Oreo.

Posted by viknes36 > 2018-03-06 21:47 | Report Abuse

nice.. thx for sharing oreo oreo

Posted by tianjin > 2018-03-07 07:43 | Report Abuse

https://www.investing.com/news/economic-indicators/white-house-economic-adviser-cohn-stepping-down-1328338

Posted by goodjoe > 2018-03-07 07:53 | Report Abuse

gary cohn leaving is not good news

Posted by wisdom7333 > 2018-03-07 09:50 | Report Abuse

hmm, panic sell again?

Posted by meistsk3134 > 2018-03-07 10:00 | Report Abuse

latest news. rm increase against usd then pmetal share drop.

Posted by meistsk3134 > 2018-03-07 10:00 | Report Abuse

pmetal can eat shit now

Posted by telusdansuci > 2018-03-07 10:04 | Report Abuse

I will listen to the CEO of Press Metal rather than listen to minute by minute news because Press Metal always boleh dan tetap boleh . Who is running the company now ?

Posted by meistsk3134 > 2018-03-07 10:18 | Report Abuse

sell take profit 1st

Posted by salman > 2018-03-07 10:26 | Report Abuse

meistsk3134 - want to buy low...so don't listen to him

Posted by salman > 2018-03-07 10:29 | Report Abuse

KLCI is down 7.83point..so hold

Posted by telusdansuci > 2018-03-07 10:29 | Report Abuse

100% i won't listen to others but only listen to Tan Sri Dato Paul Koon . Terima kasih banyak-banyak .

Posted by telusdansuci > 2018-03-07 10:45 | Report Abuse

Minute by minute news just temporary only , like fire incident and black out last few years . Insurance for 90 million still haven't claim yet for the power black out but they are very confident Press Metal can win the case . Sabar menunggu .

Posted by wisdom7333 > 2018-03-07 10:55 | Report Abuse

Timeless parable of Mr Market at work.
https://www.fs.blog/2013/11/mr-market/

Posted by paktua73 > 2018-03-07 12:30 | Report Abuse

old man win bet at 4.99
now hold back here
tut tut

Posted by kkteng70 > 2018-03-07 12:32 | Report Abuse

cheap sale ?

Posted by fkser > 2018-03-07 12:56 | Report Abuse

Sifu sami u are right

Posted by Vivolove > 2018-03-07 15:03 | Report Abuse

@ Paktua73, 4.99 also die!!!!!

Posted by Jimmy Chee > 2018-03-07 15:09 | Report Abuse

Why sell? dont panic man, aluminium price have very little movement only. chill la

Posted by Jimmy Chee > 2018-03-07 15:10 |

Post removed.Why?

Posted by markgor > 2018-03-07 15:25 | Report Abuse

https://economictimes.indiatimes.com/news/international/world-news/us-is-ready-for-trade-war-donald-trump/articleshow/63197049.cms?utm_source=ETnotifications&utm_medium=editpush&utm_campaign=World+News

Posted by paktua73 > 2018-03-07 16:01 | Report Abuse

manage top up a bit at 4.96,4.97
avrrge down some
tut tut

Posted by salman > 2018-03-07 17:07 | Report Abuse

paktua73 tomorrow buy more PM

Posted by sami > 2018-03-07 22:01 | Report Abuse

现在的情况就好像温水煮青蛙，慢慢等死

Posted by TF Peter > 2018-03-07 22:18 | Report Abuse

exercise of warrants again on Thursday !