PRESS METAL ALUMINIUM HOLDINGS BERHAD

KLSE (MYR): PMETAL (8869)

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Last Price

4.97

Today's Change

-0.18 (3.50%)

Day's Change

4.85 - 5.21

Trading Volume

21,903,800


18 people like this.

15,899 comment(s). Last comment by Cakes Moon 1 day ago

Posted by keepercreeper > 2021-04-04 05:07 | Report Abuse

Fire

Posted by johnhuathuat > 2021-04-04 07:32 | Report Abuse

no news?

mamatede

3,950 posts

Posted by mamatede > 2021-04-04 09:00 | Report Abuse

Only whatsapp photo and video circulating.. lets wait for the news...

HuatAh8809

355 posts

Posted by HuatAh8809 > 2021-04-05 06:43 | Report Abuse

Kena big fire, sure gone already

Expect limit down soon

Posted by apache2488 > 2021-04-05 07:30 | Report Abuse

Yes

pete tf

539 posts

Posted by pete tf > 2021-04-05 08:35 | Report Abuse

Temporary hiccups. But fundamentals strong. Trust n patience will be rewarded.

Posted by Airline Bobby > 2021-04-05 20:33 | Report Abuse

Fire is WEAK against P.Metal ... Approval of Bonus Issue will send it flying to rm11 . Mark my words!!!!!!!!!

pete tf

539 posts

Posted by pete tf > 2021-04-06 11:28 | Report Abuse

Today agm?

wikioon

196 posts

Posted by wikioon > 2021-04-06 11:47 | Report Abuse

fire to light up the rocket of Press Metal

pete tf

539 posts

Posted by pete tf > 2021-04-07 09:08 | Report Abuse

Bonus issue. 1 for 1. How come no up rally ?

Diamond7

2,321 posts

Posted by Diamond7 > 2021-04-07 10:10 | Report Abuse

There are a few things going for Press Metal.

New capacity from phase three of its Samalaju smelting plant, coupled with logistic cost savings and favourable raw material costs are expected to fuel its earnings over the next two years.

This optimism over its prospects has research houses such as Kenanga Research to upgrade the buildings materials sector to “overweight” from “neutral” and setting a new target price of RM13 for Press Metal. The stock closed six sen up to RM10.10 yesterday.

Kenanga believes that the upcycle of aluminium prices would persist as supply still trails the robust demand from the reopening of economies.

On the other hand, the pace of the rise in raw material was not as much as alumina prices only grew 4% quarter-on-quarter (q-o-q) to US$306 (RM1,263) per tonne on average in the first quarter of calendar year 2021 as opposed to the 9% jump in aluminium prices.

According to Kenanga, the cost of alumina made up 14.6% of aluminium prices in Q1CY21 from 15.4% in the preceding quarter – both below the normalised range of 16%-17% it used to be.

Given the favourable raw material cost, Press Metal is likely to see further margin improvements, said the research firm.

Meanwhile, the upstream acquisition of two supply chain refineries will ensure raw material supply certainty while the acquisition of PT Bintan Alumina Indonesia has also enabled transportation cost savings for the group.

meistsk3134

2,368 posts

Posted by meistsk3134 > 2021-04-07 13:36 | Report Abuse

buy and keep? now all metal price rally and will long term

Posted by Flybythenite > 2021-04-07 20:17 | Report Abuse

After bonus RM5?

meistsk3134

2,368 posts

Posted by meistsk3134 > 2021-04-07 22:51 | Report Abuse

dunno rm11 or rm10

Booyah

406 posts

Posted by Booyah > 2021-04-08 19:19 | Report Abuse

LBalum shooting up. When Pmetal?

meistsk3134

2,368 posts

Posted by meistsk3134 > 2021-04-09 14:29 | Report Abuse

alcom shooting up today

salman

1,560 posts

Posted by salman > 2021-04-09 15:19 | Report Abuse

after bonus will be less than rm5

Posted by lavenderguy > 2021-04-10 09:48 | Report Abuse

pmetal....when can rocket up?

Diamond7

2,321 posts

Posted by Diamond7 > 2021-04-10 14:42 | Report Abuse

Soon...before ex bonus.
Will fly ...

Posted by Mr.Sm Invest123 > 2021-04-10 16:53 | Report Abuse

Pmbtech

Silicon: Semiconductor shortage impacting automotive industry

Posted 19th January 2021 in  Industry news.
By Nils Backeberg


According to Reuters, automakers around the world have been caught off-guard by a shortage of semiconductors that has required the industry to compete against the consumer electronics industry for chip supplies. Leading semiconductor manufacturers reassigned capacity from automakers after the pandemic cut down vehicle sales, instead shipping chips to companies that produce smartphones, gaming systems and other electronic goods that remained in high demand.

Several companies, including Volkswagen, Nissan, Ford, Toyota and others, have been impacted and are struggling to secure the chips to maintain production lines. All chips, whether bound for a laptop or a vehicle, start life as a silicon wafer, an industry that has always struggled to keep up with sudden demand spikes.

Roskill View

Polycrystalline silicon (polysilicon) is used in the production of silicon wafers. Polysilicon remains only the third-largest end-use for silicon metal worldwide, however, it has been the fastest growing of the three major applications for silicon metal in the past two decades with its share of global demand rising from 3% in 2000 to 20% in 2019.

Silicon metal is consumed directly in the production of poly-crystalline silicon wafers for use in photovoltaic (PV) solar cells, and indirectly in mono-crystalline silicon wafers for use in semiconductors for integrated circuits and a range of electronic equipment. Until 2007, the production of mono-crystalline silicon wafers for use in semiconductors was the largest end-use for polysilicon. The consumption of silicon metal in polysilicon began to take off significantly after 2009, fuelled in part by generous subsidies for producers and consumers of solar products in the aftermath of the 2008 global financial crisis. By 2019, the proportion of global polysilicon demand accounted for by semiconductor applications had fallen to just 16%.

Though Asia accounts for about 70% of global silicon semiconductor wafer output, China remains a relatively small player with a market share of about 15%, in contrast to its dominance of the solar value chain. The leading producing countries are South Korea, Taiwan, the USA and Japan, with over 50% of supply consolidated into the five largest producers.

The rapid advancement of technology both drives and restrains the demand for silicon chips and wafers, and the constantly changing balance of these influences has led to a haphazard growth over the last decade, while silicon wafers in the solar industry have enjoyed a consistent growth. Looking forward, Roskill forecasts that the solar industry will continue to drive growth in demand for silicon metal with double digit increases in demand to 2023. Moreover, while semiconductor demand as a whole is expected to remain in the low single-digit growth rates over the next decade, the impacts of COVID-19 are already indicating a haphazard growth year in 2021.

meistsk3134

2,368 posts

Posted by meistsk3134 > 2021-04-12 10:04 | Report Abuse

pmetal cannot shoot

Posted by Mr.Sm Invest123 > 2021-04-12 14:06 | Report Abuse

Very Funny KYY total don’t know what is the PMBTECH main product now . PMBTECH is produce silicon metals not aluminium.

Diamond7

2,321 posts

Posted by Diamond7 > 2021-04-12 19:50 | Report Abuse

Hope tmoro reach new high!!!

meistsk3134

2,368 posts

Posted by meistsk3134 > 2021-04-12 20:40 | Report Abuse

why director keep dispose todau

chopstick

513 posts

Posted by chopstick > 2021-04-12 20:45 | Report Abuse

becos some looking for new house, some looking for new wife and husband simple as that

Diamond7

2,321 posts

Posted by Diamond7 > 2021-04-12 21:48 | Report Abuse

Tmoro must sell?

calvintaneng

56,155 posts

Posted by calvintaneng > 2021-04-12 21:53 | Report Abuse

Posted by Diamond7 > Apr 12, 2021 9:48 PM | Report Abuse

Tmoro must sell?

YOU ARE SO CLEVER!

SELL THEN GO BUY RGT BHD OR PLANTATION SHARES WHICH ARE LAGGARDS WITH GREAT POTENTIAL NOW

meistsk3134

2,368 posts

Posted by meistsk3134 > 2021-04-12 22:05 | Report Abuse

alcom n lbalum so much increase

LeiJun

691 posts

Posted by LeiJun > 2021-04-14 00:30 | Report Abuse

Why insiders disposed so much?

LeiJun

691 posts

Posted by LeiJun > 2021-04-14 00:32 | Report Abuse

It’s only in metal, not semi conductor right?

LeiJun

691 posts

Posted by LeiJun > 2021-04-14 21:48 | Report Abuse

After bonus RM4.00?

Based on the selling prices:

MR KOON POH KONG reduced 1000000.0 units announced on 12 Apr 2021 at ~RM10.0

MR KOON POH WENG reduced 1000000.0 units announced on 12 Apr 2021 at ~RM10.0

MR KOON POH MING reduced 3000000.0 units announced on 12 Apr 2021 at ~RM10.0

DATO' KOON POH TAT reduced 3000000.0 units announced on 12 Apr 2021 at ~RM10.0

TAN SRI DATO' KOON POH KEONG reduced 5400000.0 units announced on 12 Apr 2021 at ~RM10.0

DATO' KOON POH TAT reduced 57000.0 units announced on 11 Mar 2021 at ~RM9.64

MR KOON POH WENG reduced 1000000.0 units announced on 03 Mar 2021 at ~RM9.57

MR KOON POH MING reduced 2350000.0 units announced on 03 Mar 2021 at ~RM9.57

TAN SRI DATO' KOON POH KEONG reduced 10000000.0 units announced on 02 Mar 2021 at ~RM9.51

MR KOON POH WENG reduced 1000000.0 units announced on 02 Mar 2021 at ~RM9.51

MR KOON POH MING reduced 2000000.0 units announced on 02 Mar 2021 at ~RM9.51

DATO' KOON POH TAT reduced 43000.0 units announced on 18 Jan 2021 at ~RM8.35

Posted by Mr.Sm Invest123 > 2021-04-14 22:49 | Report Abuse

Kyy don't know pmbt is manufacturing silicon, still think it is fabrication aluminum products. This show he is not expert

PureBULL ...

2,509 posts

Posted by PureBULL ... > 2021-04-15 11:41 | Report Abuse

PMETAL, as i see it will be the BIGGEST n most valued plc in msia when EV.CAR gains traction at high CAGR.
the low profile KOON bro will be so so RICH ...
am not into pmetal. i have their PMBTECH n PARAGON.

EV.CAR today is < 5% on the road. In 3-5 years, it will be 50%.
all these stocks would grow 10 TIMES n so would be their mkt cap values ! i.e. madness investing now...

Posted by Fabien _the efficient capital allocator > 2021-04-15 12:46 | Report Abuse

Green evolution, both copper and aluminium has plenty of upsides to go

SEE_Research

4,653 posts

Posted by SEE_Research > 2021-04-15 14:05 | Report Abuse

SEE_Research


For 12.30pm, 15 April 2021,
============================================

Any investors, search on the biggest gainer list by price,
the number 1 biggest gainer is
Press Metal /8869
Closed RM 10.60
(+RM 0.58)

REMARKS
CREATED NEW HISTORICAL HIGH RM 10.62

(a) The main catalyst of this aluminum KING is prudence management on practical business affairs, building good working relationships with main customers, high quality connections through respectful engagement, considering many different factors in final business decision - making, effective communication with stakeholders skills, developing new workable ideas to solve customers ' problems, building trust factor within the team,
Most importantly, the main leader is an extremely talented leader in the whole organization,
Tan Sri Dato' Koon Poh Kong/ Paul
Well assisted by the Koon brothers
(i) Koon Poh Ming
(ii) Dato Koon Poh Tat
(iii) Koon Poh Weng (known for business on the ground /street smart)
(iv) Koon Poh Kong

(b) The second catalyst is the coming bonus issue, that excites the investors interest.
On the basis of one bonus share for one existing share held on 5.00 pm, 20 April 2021.
=========================================
Founded in 1986, started as a local aluminum extrusion company, follow by 30 years of continuous growth and expansion,
today Press Metal is a global, integrated aluminum producer with the largest presence in South East Asia, products serve many industries throughout the wide world, with wide ranges of top automotive, aviation companies that are leading technology giants.

==========================================

Vision
The beliefs are in our guiding principles of
Business Acumen,
Quality Excellence,
Global Outlook,
Focused Teamwork
Social Responsibility

Continuous improvement in Expansion

Remarks
Will not be surprise that
Press Metal is look on the current favorable situations in the Malaysian scene, not excluding some attractive KLSE listed companies,
Example : Alcom /2674
that have similar business profiles that can enhance and add value
on its continuous expansion programs.
15/04/2021 2:03 PM

SEE_Research

4,653 posts

Posted by SEE_Research > 2021-04-15 14:12 | Report Abuse

SEE_Research SEE_Research

Alcom /2674

===========================================

(1) Do you have some understanding or rather done deep researches on
old high for this stock?
----?

(1.1) This stock old high was RM 2.32 done on
29 June 2017,
From previous analysis,
From 30 May 2017,
At RM 1.35,

(1.2)With 20 trading days,
from 30 May 2017 /RM 1.35 to
29 June 2017/RM 2.32,

Share prices movements in technical chart,
can behave in their previous manner,
can Alcom /2674 follow up on her previous technical pattern,
(a) 4 trading days resting =
from 2 June 2017 to 7 June 2017
(RM 1.54 to RM 1.61)

(b) 3 trading days resting =
from 13 June 2017 to 15 June 2017
(RM 1.75 to RM 1.85)

(c) 4 trading days resting =
from 19 June 2017 to 22 June 2017
(RM 1.91 to RM 2.08)

(d) 3 trading days onwards
from 23 June 2017 to 29 June 2017
Reaching the old high RM 2.32

=========================================
Remarks

Can history repeat itself,
Time will tell, more important it needs to reach
RM 1.59/ R 2
======================================+=====

For those investors who can wait, the next target,
mid term RM 1.50,

New catalyst, on the likely
" merger + acquisition" theme by the king of aluminium -
Press Metal /8869
PMB Technology Bhd /7172

PMB Technology Bhd
is the official sub contractor in building the exterior facade, claddings, wall curtains for
Marina Bay Sands Hotel +Resort,
10, Bayfront Avenue,
Singapore 018956

Alcom Bhd /2674
is the official sub contractor in building the exterior facade, claddings, curtain walls for
Petronas Twin Towers,
Kuala Lumpur City Centre,
Jalan Ampang,
Kuala Lumpur


Both are reputable aluminum facade, claddings, wall curtains panels,
Manufacturers having its in house plants,

Using their in house technology in using the aluminium composite materials / ACM,
these materials are distinguished by their unique features, it's lightweight, yet high rigidity qualities, excellent flatness and more importantly long lasting - coating qualities are just the construction industry required?

For your better understanding, every week, Monday, Wednesday, Friday, there were 3 units x 40 footer long conventional lorries from PMB Technology Berhad, Balakong, Selangor to Marina Bay Sands , Singapore for one whole year of 2010, meaning 156 units of 40 footer types of long lorries, just imagine the huge load of aluminium facades and claddings, wall curtains panels, were commissioned in the Marina Bay Sands Hotel + Resort, Singapore


Now, you can understand their business similarity, two of a kind, a twin?

Can it be a real winner for Alcom /2674,
when the target company on takeover company will offer the premium especially in driving up the stock prices.
14/04/2021 7:05 P
15/04/2021 1:13 PM

Diamond7

2,321 posts

Posted by Diamond7 > 2021-04-15 14:59 | Report Abuse

Haha
10.90
People chase chase...lost emotions Liao
Chased to new high!

Hope touch 13.00

meistsk3134

2,368 posts

Posted by meistsk3134 > 2021-04-15 16:25 | Report Abuse

so mean rm11.00 bonus issue 1:1

mf

28,511 posts

Posted by mf > 2021-04-15 16:25 | Report Abuse

Singapore
16 new COVID-19 cases in Singapore, all imported
33 minutes ago

Posted by Mr.Sm Invest123 > 2021-04-15 20:57 | Report Abuse

Good close today

Kevin Tam

528 posts

Posted by Kevin Tam > 2021-04-15 21:06 | Report Abuse

Why the below average Kenanga set such a high TP for Press metal ? RM13 ? Kind of irrational n crazy ...

Posted by Mr.Sm Invest123 > 2021-04-16 08:34 | Report Abuse

行家论股
上升股:齐力 阻力RM11.38
2021年04月16日
齐力(PMETAL,8869,主板工业股)的日线交投走势,于4月15日闭市时收10.70令吉,按日涨68仙或6.79%,短期上升阻力或会处于10.72-11.38令吉水平。

15/4/21行情

calvintaneng

56,155 posts

Posted by calvintaneng > 2021-04-17 21:48 | Report Abuse

ALUMINIUM STOCKS UP BUT WZSATU STILL CHEAP: SEE WZSATU VERSUS PRESS METAL, LBALUM & ALCOM, Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-04-17-story-h1563369113-ALUMINIUM_STOCKS_UP_BUT_WZSATU_STILL_CHEAP_SEE_WZSATU_VERSUS_PRESS_META.jsp

meistsk3134

2,368 posts

Posted by meistsk3134 > 2021-04-19 09:15 | Report Abuse

why i no received bonus?

meistsk3134

2,368 posts

Posted by meistsk3134 > 2021-04-19 09:15 | Report Abuse

or tomorrow?

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