Paul Koon already fullfiled his dream to be in list of Forbes top 10. No reason for him to defense the price. Lme stagnant for 2200 n below quite some time and having sign to retreat. China already started up all the smelting n extrusion plant in remote area especially Northeast of China. More aluminum products will flush in the market. Pmetal price chart also look terrible. Poised to has big dive next few days.
No reason for us small investor to defense the price, in fact we can't also.
I've been promote Pmetal for one n half year since early 2016. This is my first negative view on Pmetal.
Lme monthly avrg price: Jan-2214 Feb-2184 March to date-2106
Next q results may maintain or slightly higher. But all already factored in. Share price is looking forward. I'm not optimistic lme will go higher or maintain at current price.
Tan Sri Dato Paul Koon adalah seorang yang sangat bertanggungjawab dan bukannya seorang yang cakap tak serupa bikin sepertimana disalah tafsir oleh segelintir golongan di forum Press Metal ini . Percaya atau tidak terpulanglah kepada mereka , Press Metal memang boleh dan tetap boleh .
Now let's not make a connection between bertanggungjawab and company that create long-term value, which dictate share price performance. There are many bertanggungjawab companies that disappear under the pressure of competition. Tanggung or tak tanggung has little causation on the return of an investor.
Terdapat segelintir golongan yang tidak bertanggungjawab di sini ingin menjatuhkan harga saham Pmetal dengan mereka-reka cerita yang bukan-bukan supaya mereka ini dapat membeli balik harga saham Pmetal dengan murah . Akan tetapi , Pmetal adalah disebaliknya bagi mereka ini . Press Metal memang boleh dan tetap boleh . Harga sasaran saya tetap RM 6.00 atau lebih .
In economics, tariff would reduce supply (not oversupply) from the equilibrium price point and quantity, hence driving prices further up (micro economics 101). Tariff would also reduce imports to the US, which Pmetal has less than 1% exposure to the US, hence the tariff effect on Pmetal is extremely minimal if not insignificant at all.
Pmetal has signed PPA with SEB which enable it to manage its cost effectively. With the acquisition of LUA, they can also increase their margins on value added aluminium products. Overall the company still can maintain its margins (gross and operating) which give long term value to shareholders.
Aluminium price in f2018, f2019 and f2020 is still around 2100 - 2200. Ignoring the market sentiments, the price will hit RM 6 no doubt in the short to mid term. It is just a matter of time...
Why so bother about that as long as i know the management of Press Metal won't betray us because they are the responsible ( tanggungjawab ) management and not like certain group here always spread negative news to afraid the newbies .As long as i am the long term investor here , i will definitely not be afraid . Tan Sri Dato Paul Koon had said its was just a minimal impact or less than 1% only for the imposed of tariff for steel and aluminium . Anyway , Press Metal always boleh and tetap boleh .
Don't worry , foreign fund are buying back again due to the responsible ( tanggungjawab ) management . Press Metal memang boleh dan tetap boleh . Elakkan suara-suara ' halus' jika hendak menang dalam kaunter Press Metal ini . Terima kasih banyak-banyak .
Management yang bertanggung jawap akan melahirkan syarikat yang sihat dan juga kepercayaan pelabur-pelabur terhadap syarikatnya . Percayalah Press Metal sebab ia memang boleh dan tetap boleh . Terima kasih banyak-banyak .
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....
tony__kow
265 posts
Posted by tony__kow > 2018-03-16 10:42 | Report Abuse
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