PRESS METAL ALUMINIUM HOLDINGS BERHAD

KLSE (MYR): PMETAL (8869)

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Last Price

4.68

Today's Change

-0.02 (0.43%)

Day's Change

4.66 - 4.74

Trading Volume

3,059,300


18 people like this.

15,935 comment(s). Last comment by SMInvest 6 days ago

Posted by jonaslim92 > 2018-03-23 23:43 | Report Abuse

Very strong support at 4.95...buy

Posted by Equityengineer > 2018-03-24 19:07 | Report Abuse

Will move up next week ... then tariff issue is done ..

Posted by FarmbesFlyer > 2018-03-25 19:44 | Report Abuse

Don't know how long can support there. If US drops another 1,000 points, sure plunge down.

telusdansuci

1,696 posts

Posted by telusdansuci > 2018-03-25 20:51 | Report Abuse

I also don't know how high Press Metal can climb if US surge another 1,000 points ? Don't be too pessimistic brother and always remember Press Metal memang boleh dan tetap boleh .

astalavista

2,278 posts

Posted by astalavista > 2018-03-26 14:00 | Report Abuse

Telus..i.percaya sama lu dan pm management

Posted by FarmbesFlyer > 2018-03-26 19:28 | Report Abuse

Current price is too high. I bought some Pmetal at 26 cents 10 over donkey years ago. Based on today price, it has gone up more than 50 times! If considering dividend, basically it is FREE!
I have made enough and sold off last batch at Rm 5.i will buy back when market crash down Pmetal at Rm 1.
Good luck for those high risk investors!!

viknes36

48 posts

Posted by viknes36 > 2018-03-26 22:29 | Report Abuse

if really can crash to RM1, than all stock also will be impacted... anyhow it will b too good to be true... unless aluminium price crash. Also aluminium usage is still strong and there is no other alternative replacement...

Kawkaw

858 posts

Posted by Kawkaw > 2018-03-26 23:23 | Report Abuse

Beware clashing between china n us..
Pmetal will totally pressed...

Posted by FarmbesFlyer > 2018-03-27 02:07 | Report Abuse

Look at 1997 and 2007 crash, oil price slash by half as well as aluminum price. Hence to plunge down Rm 1 is possible.

Posted by swissvillage > 2018-03-27 08:36 | Report Abuse

Kesm is a good buy. CIMB's top pick. Its outlook is very good after the recent AMG. Very good automotive semiconductor stock

Posted by Mohd Fahmi Bin Jaes > 2018-03-27 21:53 | Report Abuse

Sell

meistsk3134

2,368 posts

Posted by meistsk3134 > 2018-03-27 22:04 | Report Abuse

pmetal tetap bole. lol telus = telur. play share dun play trust. lucky i sold all

salman

1,582 posts

Posted by salman > 2018-03-27 22:36 | Report Abuse

when Pmetal goes up again...all this evil voice will disappear

Ekkram

763 posts

Posted by Ekkram > 2018-03-27 22:41 | Report Abuse

When will that happen?

Posted by FarmbesFlyer > 2018-03-28 18:49 | Report Abuse

It needs to go down first before going up!

Posted by Mohd Fahmi Bin Jaes > 2018-03-28 18:57 | Report Abuse

Next 4.72

Posted by Terbalik King > 2018-03-28 20:58 | Report Abuse

I'm terbalik here!

Posted by jonaslim92 > 2018-03-29 00:24 | Report Abuse

When it rebounds all these bad commenters will keep quiet

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

Down trend activated

traderman

7,854 posts

Posted by traderman > 2018-03-29 10:53 | Report Abuse

jonaslim92 When it rebounds all these bad commenters will keep quiet
------------------------------------------------------
wont rebound till the tariff plan come out 100%.

alpacino

385 posts

Posted by alpacino > 2018-03-29 11:02 | Report Abuse

Wish I had more bullets to buy more.

traderman

7,854 posts

Posted by traderman > 2018-03-29 11:05 | Report Abuse

apply margin account, can buy more ... hehe

tony__kow

265 posts

Posted by tony__kow > 2018-03-29 11:09 | Report Abuse

LOAD NOW GOGOGO

cpng

1,575 posts

Posted by cpng > 2018-03-29 11:13 | Report Abuse

Beware. The super cycle is upside down going south.
Any metal related prices are on par with the Chinese prices.

eg126

7 posts

Posted by eg126 > 2018-03-29 11:16 | Report Abuse

really scary the drop.

Bizfuneng

883 posts

Posted by Bizfuneng > 2018-03-29 11:19 | Report Abuse

Short term Pmetal is going south. No doubt about this trend. Better take profit if can and revisit at a later date. Profit not in your pocket is still not a profit.

traderman

7,854 posts

Posted by traderman > 2018-03-29 11:20 | Report Abuse

let them continue hold or buy ... stubborn people. already said the tariff will cause over supply of aluminium thru out the world. big people is cashing out. small potatoes collect from them

Vivian Hee

235 posts

Posted by Vivian Hee > 2018-03-29 11:24 | Report Abuse

4.310 ↓ -0.460 (-9.64%)

miker

708 posts

Posted by miker > 2018-03-29 11:27 | Report Abuse

For the exempted countries, Quota steel & aluminium import will be imposed by US. So semua countries kena lol.

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-03-29 11:28 | Report Abuse

bought 4.31

Vivian Hee

235 posts

Posted by Vivian Hee > 2018-03-29 11:29 | Report Abuse

pmetal export US very few, but all other countries export US will export to another, pmetal will be affected as well, right?

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-03-29 11:35 | Report Abuse

sold 4.40 thx

frank74

420 posts

Posted by frank74 > 2018-03-29 11:38 | Report Abuse

catching it now is like catching falling knives...at 4.40 it's still 28 PE

miker

708 posts

Posted by miker > 2018-03-29 11:39 | Report Abuse

Nobody gets off 'scot-free' from Trump tariffs, White House adviser says

http://money.cnn.com/2018/03/28/news/economy/tariffs-navarro-quest/index.html

...will be oversupply of steel & aluminium

Posted by ZeroCityHunter > 2018-03-29 11:42 | Report Abuse

memang boleh dan tetap boleh...terima kasih banyak banyak...

meistsk3134

2,368 posts

Posted by meistsk3134 > 2018-03-29 11:43 | Report Abuse

mana telus

meistsk3134

2,368 posts

Posted by meistsk3134 > 2018-03-29 11:44 | Report Abuse

alu counter done.

goodjoe

486 posts

Posted by goodjoe > 2018-03-29 11:54 | Report Abuse

Quotas will still be there even though some countries exempted according to clip above from cnnmoney

So even though pmetal don't ship much to US, there will be oversupply in the market

that could explain the massive drop for pmetal.

Ekkram

763 posts

Posted by Ekkram > 2018-03-29 12:03 | Report Abuse

To drop 40 sen easy fast like no tomorrow, to climb back 40sen hell take ages!

Jon Choivo

3,668 posts

Posted by Jon Choivo > 2018-03-29 12:04 | Report Abuse

this means its overvalued to begin with.


Posted by Ekkram > Mar 29, 2018 12:03 PM | Report Abuse

To drop 40 sen easy fast like no tomorrow, to climb back 40sen hell take ages!

wilzai

43 posts

Posted by wilzai > 2018-03-29 12:19 | Report Abuse

but now looks like rebounding

salman

1,582 posts

Posted by salman > 2018-03-29 15:13 | Report Abuse

PMetal doesn't take ages to rise back 40sen or 80sen...so don't make story

MaBadri

945 posts

Posted by MaBadri > 2018-03-29 15:31 | Report Abuse

Mainan apakah ini

Dartmaster

1,029 posts

Posted by Dartmaster > 2018-03-29 15:49 | Report Abuse

TP RM3

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-03-29 16:16 | Report Abuse

Time to show the power of strong aluminium price last quarter.

mamatede

3,950 posts

Posted by mamatede > 2018-03-29 16:31 | Report Abuse

nice opportunity to buy some.

LimKT

482 posts

Posted by LimKT > 2018-03-29 16:34 | Report Abuse

TP RM3

Megaway

92 posts

Posted by Megaway > 2018-03-29 21:53 | Report Abuse

Dont dream TP RM3.
If price goes to RM3.50 I will sapu.
Aluminium will always be in demand and it increases over time.

chunwei94

71 posts

Posted by chunwei94 > 2018-03-29 21:57 | Report Abuse

mega, i will sapu with you =D

Posted by FarmbesFlyer > 2018-03-29 22:09 | Report Abuse

Be patience. Wait for market crash, u can buy at Rm 1. If u know Tan Sri Koon well, u know wat I am talking about.

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