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

Bull88 88

1,361 posts

Posted by Bull88 88 > 2018-04-20 12:44 |

Post removed.Why?

vivoviva

775 posts

Posted by vivoviva > 2018-04-20 14:55 | Report Abuse

go and write on MMC wall then. why spam in Pmetal forum.

vivoviva

775 posts

Posted by vivoviva > 2018-04-20 14:57 | Report Abuse

told you guys to buy in the morning kan. well nevermind. can buy now. can still buy as the TP is unchanged at RM5.50. the upcoming resistance will be RM5.35. if can touch RM5.35 then shouldnt be a problem to hit RM5.50. IB and funds are buying in these few days.

Jessie Ng

502 posts

Posted by Jessie Ng > 2018-04-20 15:35 | Report Abuse

no problem

Posted by Kendo Ken Hz > 2018-04-20 17:55 | Report Abuse

Big Boss bought at 3.9 n 4 em, smart
.

Posted by Jeffrey Chang > 2018-04-20 20:15 | Report Abuse

How about the trend of the following week? Any comment.

bzeew

318 posts

Posted by bzeew > 2018-04-20 22:54 | Report Abuse

Aluminum has surged about 23 percent since the start of April. Prices steadied on Friday, slipping 1 percent to $2,461 a ton in London. Goldman Sachs has said the rally may have further to go, forecasting prices could spike to $3,000 in the near term.

alpacino

385 posts

Posted by alpacino > 2018-04-21 14:14 | Report Abuse

Malaysia was supposed to meet US officials for tariffs exemption on 17th April. Any idea what happened?

Bull88 88

1,361 posts

Posted by Bull88 88 > 2018-04-21 21:16 | Report Abuse

As a investor, we must calculate potential Risk and reward, How high PMETAL can goes ? 5.2 5.3 or 5.4 ? What is a downside risk ?

Not only speculate about LME aluminium price. It wont factor in short term. Although LME price surge do they have enough products ? How bout their core elements ?

I would suggest avoid it now. The risk is high as it only left skin ...

Bull88 88

1,361 posts

Posted by Bull88 88 > 2018-04-21 21:16 |

Post removed.Why?

Bull88 88

1,361 posts

Posted by Bull88 88 > 2018-04-21 21:19 | Report Abuse

Potential Reward in MMC is more than 100 % while only less than 15% in PMETAL

Potential Risk in Pmetal is certainly higher.

As an investor, choose the product that can help u to sleep in night and not worry everyday to check on news bla bla bla

huatzaiah

349 posts

Posted by huatzaiah > 2018-04-21 21:33 | Report Abuse

Lol. Nonid to promote here bodoh, if the stock itself is good, it is good. Ur stupid act wnt make this better.

ChloeTai

1,407 posts

Posted by ChloeTai > 2018-04-22 17:09 | Report Abuse

19/4/2018 News: Aluminum turns lower, giving up gains on Rusal nationalization rumours.
https://seekingalpha.com/news/3346882-aluminum-turns-lower-giving-gain...

21/4/2018 News: Russian government will not nationalize Rusal, finance minister says.
https://www.reuters.com/article/us-usa-russia-sanctions-rusal-support/sanctions-hit-russian-firms-ask-government-for-1-6-billion-in-liquidity-interfax-idUSKBN1HR2TL

Good! Rumours denied. Let's see how next week.

telusdansuci

1,689 posts

Posted by telusdansuci > 2018-04-22 20:09 | Report Abuse

Tan Sri Dato Paul Koon , the boss of PRESS METAL ALUMINIUM HOLDING BERHAD said : " The short term impact of the sanction is that aluminium prices will continue to be supported on the ' high side ' due to a supply disruption " . There have been many instances when companies have benefited from sudden spikes in prices . Profits soar as a result of the surge in a commodity price and companies will smile at the sudden windfall ( durian runtuh ) they have gained . Aluminium prices have soared as a result of US sanctions on Russian aluminium giant United Company Rusal Plc. The unavailability of supply from Rusal has lifted prices on the futures market ,and as a result , Press Metal has been a beneficiary . Petikan dari akhbar STARBIZWEEK , Saturday 21 April 2018 Page 2 Short Position . Always don't forget . Press Metal sentiasa Boleh dan tetap boleh . Next week TP RM 5.50 . Terima kasih banyak-banyak .

Data5000

388 posts

Posted by Data5000 > 2018-04-22 21:19 | Report Abuse

short sale monday

james88n

115 posts

Posted by james88n > 2018-04-23 09:57 | Report Abuse

Alum price is up today. Any chance Pmetal price up again?

Posted by SeoulSniper > 2018-04-23 10:47 | Report Abuse

TP this week 5.30

ChloeTai

1,407 posts

Posted by ChloeTai > 2018-04-23 11:50 | Report Abuse

Today is T2 of last Thursday surge and tomorrow is T3. All this contra selling must be absorbed first before it can regain its momentum.

ChloeTai

1,407 posts

Posted by ChloeTai > 2018-04-23 11:52 | Report Abuse

Praying very hard that BN will win big on 8/9 May 2018 GE. If God willing, then our KLCI will shoot up including PMETAL.

Posted by Bystander123 > 2018-04-23 11:55 | Report Abuse

@ChloeTai

hahahaha ! you mean your life is only money,money,money ???
u got no bigger vision to fight for ?? only money,money,money ???


Posted by ChloeTai > Apr 23, 2018 11:52 AM | Report Abuse

Praying very hard that BN will win big on 8/9 May 2018 GE. If God willing, then our KLCI will shoot up including PMETAL.

Pual

28 posts

Posted by Pual > 2018-04-23 11:56 | Report Abuse

Chloe Tai, BN will lose big and power! Haha, the wicked and corrupted will no go unpunished !

Awet91

1,934 posts

Posted by Awet91 > 2018-04-23 12:01 | Report Abuse

If BN lose this GE Klci will down like there no tmr.

ChloeTai

1,407 posts

Posted by ChloeTai > 2018-04-23 12:02 | Report Abuse

Dear Bystander123: No comment.

dalpinia

2,299 posts

Posted by dalpinia > 2018-04-23 12:42 | Report Abuse

BN must lose, then KLSE will dropped 800 points, we can collect cheap counters at that time

dalpinia

2,299 posts

Posted by dalpinia > 2018-04-23 12:42 | Report Abuse

All must balik UNDI

huatzaiah

349 posts

Posted by huatzaiah > 2018-04-23 12:46 | Report Abuse

yea. let klci drop nvm. at least we secure a maybe better future? i not sure if PH able to make us great or not. but definitely not BN lol.

Bull88

145 posts

Posted by Bull88 > 2018-04-23 14:12 | Report Abuse

Up up up!!... PM cheong ah!! good news going to announce tomorrow!!

huatong

95 posts

Posted by huatong > 2018-04-23 15:29 | Report Abuse

How u know?

huatzaiah

349 posts

Posted by huatzaiah > 2018-04-23 15:29 | Report Abuse

huatong, that is a spamm account.

ChloeTai

1,407 posts

huatzaiah

349 posts

Posted by huatzaiah > 2018-04-23 17:11 | Report Abuse

despite the bad sentimental, lol pmetal only drop 0.01. niceeee

kmhb09558

146 posts

Posted by kmhb09558 > 2018-04-23 17:19 |

Post removed.Why?

BabyTA

590 posts

Posted by BabyTA > 2018-04-23 20:26 | Report Abuse

did anyone see aluminium's price just now? if this continues tomorrow pmetal will become casino

Jingweihan

1,605 posts

Posted by Jingweihan > 2018-04-23 20:58 | Report Abuse

Oh oh

Posted by Chun Hoong > 2018-04-23 21:04 | Report Abuse

Holy shit.......

alanleeky

430 posts

Posted by alanleeky > 2018-04-23 21:11 | Report Abuse

Al price below 2300!

Posted by Chun Hoong > 2018-04-23 22:13 | Report Abuse

Steady lah, Al price up so much drop 20% only. Pmetal still profitable since the AL price rally from April. Next quarter profit still good.

Solomon7

370 posts

Posted by Solomon7 > 2018-04-23 22:22 | Report Abuse

US soften sanction on Rusal

Posted by birkincollector > 2018-04-23 23:11 | Report Abuse

Tmr pmetal will be very ugly

pete tf

532 posts

Posted by pete tf > 2018-04-23 23:17 | Report Abuse

The U.S. will provide sanctions relief to Rusal if Oleg Deripaska relinquishes control and extended the deadline for companies to wind down dealings with Russian aluminum producer, the Treasury Department said in guidance published on Monday.

“If that is the case, all the supply issues that people were worried about over the last week just disappear,” Ryan McKay, a commodity strategist at TD Securities in Toronto, said in a telephone interview. “Without the sanctions, it’s a pretty well-supplied market.”

Aluminum for delivery in three months dropped 5.5 percent to $2,333 a metric ton at 1:37 p.m. on the London Metal Exchange. Alcoa slumped 8 percent before regular trading at 8:25 a.m. in New York. Century Aluminum Co . (NASDAQ:CENX) plunged 4.5 percent

newbie92

418 posts

Posted by newbie92 > 2018-04-23 23:35 | Report Abuse

Alcoa drop like hell, - 12%

https://www.investing.com/equities/alcoa

huatzaiah

349 posts

Posted by huatzaiah > 2018-04-23 23:50 | Report Abuse

Habis haha

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-04-24 07:17 | Report Abuse

Aluminium px,tumble. Pmetal gg lioa.

Jingweihan

1,605 posts

Posted by Jingweihan > 2018-04-24 07:57 | Report Abuse

Chances ?

tony__kow

265 posts

Posted by tony__kow > 2018-04-24 09:03 | Report Abuse

buy

cngi

214 posts

Posted by cngi > 2018-04-24 09:05 | Report Abuse

Still wait for what. Time to accumulate again. Pmetal will alws bounce back as proven many times.

Campione

68 posts

Posted by Campione > 2018-04-24 09:08 | Report Abuse

24 Apr 18 - Morning session Aluminium Price down 1-2% again

Campione

68 posts

Posted by Campione > 2018-04-24 09:08 | Report Abuse

Better throw it, or else you know the consequence

alanleeky

430 posts

Posted by alanleeky > 2018-04-24 09:17 | Report Abuse

waiting ..........

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