Posted by billionhair > 2014-09-04 17:11 | Report Abuse

Pathew, you also in pmetal ? Lol

Posted by pathew > 2014-09-04 17:12 | Report Abuse

yes billionhair, just masuk at 699 :)

Posted by Beginner1989 > 2014-09-05 07:18 | Report Abuse

Strong buy.. going go go in this share today and hopefully can get at RM7

Posted by 360Capitalist > 2014-09-05 10:08 | Report Abuse

PMetal .. The rally will continue today... if break 7.19

The stage is ready with following good news..
1) Rusal ,,,Third Largest Aluminium Smelters Up 5% in Hong Kong Stock Exchange
http://www.bloomberg.com/quote/486:HK

2) LME Aluminium 3 months closed higher at USD2107

Posted by 360Capitalist > 2014-09-05 10:13 | Report Abuse

Goooood News / Breaking News;-
Aluminum Buyers in Japan Said to Pay Record Fee on Output Cut

Aluminum buyers in Japan, Asia’s biggest importer, agreed to pay premiums of $420 a metric ton in the coming quarter, according to three executives who represent buyers and sellers. That’s up from a range of $400 to $408 a ton this quarter and a record high for a fourth consecutive time.

Buyers in Japan will pay the surcharge above the London Metal Exchange cash price for the three months beginning in October, said the executives, who were involved in the negotiations and asked not to be identified because the information is confidential. Japanese buyers and suppliers negotiate the premiums quarterly.

The rising surcharges follow output from Brazil, owner of the world’s third-largest ore reserves, falling in July to the lowest level in data going back to 1996. The country’s worst drought in decades drained reservoirs used to run hydroelectric generators that supply power to extract aluminum.

The metal used in everything from cars to beverage cans entered a bull market on the LME in July and reached an 18-month high of $2,119.50 a ton on Aug. 29. Futures for delivery in three months were little changed at $2,104.75 a ton at 9:31 a.m. Tokyo time.

Posted by 8wpwtmt8 > 2014-09-05 10:19 | Report Abuse

But today no buying volume and the selling pressure is great (ever since it breaks RM7.00).

Posted by pathew > 2014-09-05 10:21 | Report Abuse

let it consolidate rm7 range first to digest all the overbought positions

Posted by 360Capitalist > 2014-09-05 10:37 | Report Abuse

8wpwtmt8..

The share price holding steady around RM7.03 to 7.05 level..
Once break 7.19.. the next wave is RM 7.35 to RM8.20,,,

Happy Trading

Posted by jrjs > 2014-09-05 10:48 | Report Abuse

Tq 360capitalist..good and accurate information.

Posted by Joel > 2014-09-05 11:41 | Report Abuse

今天PRESS METAL 股价可能在下半段齐升！

注意2：30 PM 后的走势！

今天可买入RM7.10 之间。

Posted by Joel > 2014-09-05 11:42 | Report Abuse

我是接受到我REMISIER SMS info。

Posted by ahlee > 2014-09-05 11:53 | Report Abuse

I am starting collect it since yesterday, prepare for long term for it...

Posted by Leng928 > 2014-09-05 12:10 | Report Abuse

Joel, 可以透露你的remisier是什么company的吗？我的remisier没有sms或email我关于股票的消息或内幕的？因为我的是direct account的原因吗？nominee才能收到的是吗？

Posted by 360Capitalist > 2014-09-05 12:45 | Report Abuse

Recycling Drives Japan Scrap Past LME Aluminum: Chart of the Day
http://www.bloomberg.com/news/2014-09-04/recycling-drives-japan-scrap-past-lme-aluminum-chart-of-the-day.html

Aluminum scrap prices in Japan, where about 97 percent of beverage cans are collected for recycling or reuse, surged to the highest since 2008 as rising car sales in China and the U.S. boost demand.

Japan shipped a record amount of aluminum scrap in 2013, helped by sales to Korea, customs data show. Goldman Sachs Group Inc. forecasts global demand for aluminum will exceed output by 579,000 metric tons this year and 619,000 tons in 2015. Better-than-expected auto sales are a key factor, with U.S. automakers reporting August sales reaching the highest annual pace since January 2006. In China, vehicle production through July rose 9.5 percent from a year earlier.

“One thing that continues to surprise everyone is the continued acceleration of automotive use of aluminum,” Philip Martens, president of Novelis, said on an earnings conference call Aug. 7. New models of Ford Motor Co.’s F-150 pickup and a sedan by Jaguar Land Rover Ltd. are industry trend-setters in lightening vehicles by replacing steel with aluminum, he said.


Forward Notes :
The LME Aluminium Spots Rate is believe to be strong and should move higher tonight when European market open for trades.

Posted by Joel > 2014-09-05 14:46 | Report Abuse

MY REMISIER work at RHB Investment Bank at PJ. He Aged 55.

之前我有麻烦他老人家如有任何关于PRESS METAL 动向就SMS 我。

每次他公司有任何COVER REPORT 都回EMAIL 我。
（time around 11:45 am - 12:20 noon
if got others potential stock, I will get this 第二次INFO at 3pm-4pm )

Posted by Joel > 2014-09-05 14:47 | Report Abuse

Aluminum scrap prices in Japan, where about 97 percent of beverage cans are collected for recycling or reuse, surged to the highest since 2008 as rising car sales in China and the U.S. boost demand.

Posted by ahlee > 2014-09-05 14:48 | Report Abuse

Joel 今天PRESS METAL 股价可能在下半段齐升！
Hope this info come true...

Posted by Joel > 2014-09-05 15:05 | Report Abuse

我也但愿是！

Posted by Joel > 2014-09-05 15:13 | Report Abuse

他们RHB INVESTMENT 预测今天PMETAL会达RM7.30。

Posted by ahlee > 2014-09-05 15:33 | Report Abuse

3:32pm....i think their 预测 might not be fulfill.....

Posted by jrjs > 2014-09-05 16:28 | Report Abuse

cannot achieve target...how nxt week ? any good forecast?

Posted by 8wpwtmt8 > 2014-09-05 16:52 | Report Abuse

Not a bad close for the week at RM7.13.

Posted by pathew > 2014-09-05 16:58 | Report Abuse

lol that one artificially closed at 7.13, someone buy 1 lot :)

Posted by Leng928 > 2014-09-05 16:59 | Report Abuse

Hope can achieve RM 7.30 next week...up up up...

Posted by newbie123456 > 2014-09-05 17:06 | Report Abuse

Pathew, 7.13 done more than 1 lot.

Posted by 360Capitalist > 2014-09-05 17:19 | Report Abuse

Gap up Closing from RM7.09 to RM 7,13.. Beautiful closing.
Last bid closing RM7,13,, Volume done at more than 100,000 shares as one serious buyer Q at RM7.26 for 97,700 shares to take all sellers bids from RM7,10 to RM7.13.

Technically, Monday the Rally is confirmed with RM7.13 closing. We have witnessed strong buying support at RM7.05 to RM7.10 with minimal downside risks.
.
Buy upon market open as the LME aluminium prices positive closing will boost PMetal stock prices,, Next week the new journey begin with new wave TP at RM8.20 once RM7.19 is break.

Happy Trading

Posted by Joel > 2014-09-05 19:43 | Report Abuse

Today I added more 1 lot@rm7.09 this morning ( 1000 units Pmetal ).
Wait quite long ( 8 minutes ) to get it.

Many Incestors hold strong & tight@Pmetal.

Posted by Joel > 2014-09-05 22:32 | Report Abuse

I noticed that 国外INVESTORS 还没真真买入PMETAL。

Posted by ahlee > 2014-09-06 08:58 | Report Abuse

By right its price should rise more, 7.13 no surprise actually.

Posted by 360Capitalist > 2014-09-06 09:03 | Report Abuse

Brazil's aluminium ingot premiums adjust to higher international levels $600 to $650
September 05, 2014 - 10:06 GMT Location: São Paulo

Aluminium ingot premiums in Brazil moved up on a weekly basis, despite the still sluggish domestic demand, as the market adjusted to the light metal’s higher international premium levels.

Metal Bulletin's assessment for P1020A aluminium ingot premiums reached $600-$650 per tonne on Thursday September 4, for a lot size of 100 tonnes delivered to the Sao Paulo region, compared with $550-$600 per tonne previously. While most local buyers continued to resist trading at those levels, citing the continued slow end-user demand, deals and offers reported in the week fell in that premium range. "The...

Posted by 360Capitalist > 2014-09-06 09:16 | Report Abuse

See aluminium price hold above USD 2400/tonne: Nalco

Answering a query put by CNBC-TV18’s guest editor Abhay Laijawala, MD & Head of Research, Deutsche Equities India on whether alumna prices on the LME are expected to move up in line with aluminium prices, Ansuman Das, chairman and managing director of Nalco said alumina prices may not move up as sharply as aluminium prices but would be stable and may continue to have an up trend. The aluminium price on the LME were around USD 2100 per tonne and the spot alumina prices were around USD 325 per tonne. Das expects the aluminium prices to hold above USD 2400 per tonne.

As producers we look at price plus premium because our realisation is not only about the price, it is also about the premium that we get. The price of premium is close to USD 2500 per tonne. We get about USD 355-360 premium here but Japanese premiums are more than USD 400, European premiums have also gone up. Although the demand in China is not really going up in the way one expected it to, but the demand in rest of the world is still quite high. So, I expect the aluminium prices to be in the range of USD 2050-2150, it should be range bound but there will be little pressure on the premiums in the coming months. LME stocks have also started going down in the warehouses. So, I feel once the physical supply improves the premium may come down a little bit but altogether realisations for a producer could be in the range of USD 2450-2550 which is a pretty good figure.

Ansuman Das of Nalco expects the aluminium prices to hold above USD 2400 per tonne. Moreover, he thinks with the new government’s focus on infrastructure development there demand for aluminum in India could be high.

Read more at: http://www.moneycontrol.com/news/business/see-aluminium-price-hold-above-usd-2400tonne-nalco_1170355.html?utm_source=ref_article

Posted by Lucas Chan > 2014-09-06 20:50 | Report Abuse

Any tp?

Posted by 8wpwtmt8 > 2014-09-06 22:09 | Report Abuse

Lucas Chan: Buy upon market open as the LME aluminium price positive closing will boost PMetal stock price. Next week the new journey will begin with new wave TP at RM8.20 once RM7.19 is broken. Analysis by Mr 360Capitalist

Posted by Joel > 2014-09-07 10:43 | Report Abuse

3930, u told tight tight first.

This Sept 2014 PRESS METAL expect to reach near RM8.00- RM8.50.

美8月服务业，景气9年里最好。

ALUMINIUM SECTORS 将创新及受极大追棒！

PRESS METAL 在大马可说是MONOPOLY COUNTER ！

Posted by rchi > 2014-09-07 15:09 | Report Abuse

360,it shud be gap up,cheers.

Posted by 360Capitalist > 2014-09-07 18:24 | Report Abuse

The aluminium boom
http://www.automotivemanufacturingsolutions.com/process-materials/the-aluminium-boom
According to a study by Ducker Worldwide, the use of aluminium by Car Makers will grow from an average of 147kg per vehicle in 2008 to 249kg by 2025,

Allied to aluminium
http://www.automotivemanufacturingsolutions.com/process-materials/aluminium-for-automotive-applications
Constellium estimates that the US market for aluminium rolled products, to be used in automotive body-in-white (BIW), could grow from under 100,000 tons in 2012 to approximately 1m tons in 2020. In Europe, it expects the BIW market to grow by about 12% a year to more than 600,000 tons in 2020. Alcoa’s Scheps says: “The main change is the move from aluminium hoods into doors and full car bodies.”

Posted by 360Capitalist > 2014-09-07 18:27 | Report Abuse

Will PMetal Inching Higher when market open on Monday ??

Alcoa (AA) Shares Touches a Fresh 52-Week High at $17.36 ..
http://www.zacks.com/stock/news/146305/alcoa-aa-shares-touches-a-fresh-52-week-high-at-%24173
In Alcoa’s Global Rolled Products segment, the automotive expansion in Davenport, IA, is complete and will continue to ramp-up production in the third quarter to cater to the growing demand for aluminum intensive vehicles. Alcoa’s second automotive expansion in Tennessee is expected to be complete in mid-2015. The amount of aluminum body sheet content in North American vehicles is expected to quadruple by 2015 and increase tenfold by 2025 from 2012 levels.

Posted by sarawakian > 2014-09-07 21:34 | Report Abuse

deja vu...

Posted by 360Capitalist > 2014-09-08 08:54 | Report Abuse

RM8.20.. very soon

Posted by Ravin Cheema > 2014-09-08 08:58 | Report Abuse

hopefully :) thanks for all the analysis 360capitalist

Posted by 3930 > 2014-09-08 09:58 | Report Abuse

why today pm look like sleeping

Posted by 360Capitalist > 2014-09-08 10:24 | Report Abuse

Press Metal.. Big Jump In Profit Soon
coming Q3 & Q4..2014 and 2015

PMetal FY2015 : Profit Estimation

A) Smelting Division
1) Aluminium Price : USD2500 (LME $2080 + Premium $420 )
2) Breakeven Cost : USD 1750 Per Metric Tonne (PAT)
3) Capacity : 440,000 MTonnes
4) Exchange Rate : 3.20

Note :-
US$1700 to 1765 Per Metric Tonnes After Tax (PAT) Provided By RHB Investment Bank
http://klse.i3investor.com/blogs/rhb/56776.jsp

Financial Year 2015
A) Smelting Division Net Profit
( $2500 - 1750 ) X 440,000 X 3.2 = RM1.056 Billion
B) Extrusion Division Net Profit = RM110 mil

FY2015 Total Profit Estimation Per Annum before Minority Interest
= RM 1056 mil +110 mil = RM1156 Mil

FY2015 Total Profit Estimation Per Annum After Minority Interest = RM1008 Million or RM 1.008B
Ordinary Shares In Circulation/Issued = 550 mil Shares
Earning Per Share = RM1.83

Fair Value :-
P/E 10 Times : RM18.30
P/E 15 Times : RM27.50
P/E 20 Times : RM36,60

*************************************************************************************************************
Every hike of USD100 in aluminium price will bring in additional profit of RM135mil to 145Mil per year and hence will reduce the P/E ratio.

*************************************************************************************************************

Posted by 8wpwtmt8 > 2014-09-08 10:51 | Report Abuse

A disappointing morning for PMETAL. Not active. Down 3 sen.

Posted by turbo88 > 2014-09-08 10:52 | Report Abuse

wah !!!!.....I'm selling my stamp collection and buy buy buy pmetal !!!

Posted by turbo88 > 2014-09-08 10:53 | Report Abuse

oil = liquid gold; aluminium = solid gold ....

Posted by jrjs > 2014-09-08 11:02 | Report Abuse

roadblock at 7.10-7.13 ...

Posted by turbo88 > 2014-09-08 11:04 | Report Abuse

nothing can stop the ascend of pmetal... the Living Tribunal...!!!!

Posted by 3930 > 2014-09-08 11:42 | Report Abuse

sell pressure still high

Posted by turbo88 > 2014-09-08 11:46 | Report Abuse

O ye, of little faith ....

Posted by jrjs > 2014-09-08 11:49 | Report Abuse

boring day for pmetal....