PRESS METAL ALUMINIUM HOLDINGS BERHAD

KLSE (MYR): PMETAL (8869)

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Last Price

4.68

Today's Change

+0.04 (0.86%)

Day's Change

4.64 - 4.74

Trading Volume

4,270,700


18 people like this.

15,935 comment(s). Last comment by SMInvest 2 days ago

Bozeman

5 posts

Posted by Bozeman > 2021-04-22 23:22 | Report Abuse

Aluminium price still climbing, marching toward USD2,400.

https://tradingeconomics.com/commodity/aluminum

pete tf

547 posts

Posted by pete tf > 2021-04-24 11:36 | Report Abuse

5.30 x 2= 10.60

Posted by wallstreetrookie > 2021-04-25 23:55 | Report Abuse

Small upside but still achievable. I wouldn't invest personally at this time.

SEE_Research

4,673 posts

Posted by SEE_Research > 2021-04-26 06:52 | Report Abuse

SEE_Research

Answer :-
To : liewkamchong888/


See_ research,
=============================================

On technical strength level,
as per 9.00am 26 April 2021

1 to 10
1 denote the weakest
10 denote the strongest

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

For references, in order to understand so that can be a good guide in buying and selling purposes only

(i) Alcom= 8.5
(ii) EITA =6.5
(iii) EITA WA =6
(iv) A rank =5.5
(v) Press Metal =9
(vi) PMB Technology=8.5

The cloak is ticking near to 9.00 am,
26 April 2021
Monday

Will you be the one being left out, in Alcom
And start kicking on yourself
After end 5.00 pm of 26 April 2021,
As there are numerous reminders to buy,
As there are numerous reminders to add,

REMARKS
(i) in current times,
the April 2021 theme of metal, aluminium companies are
VERY STRONG
(CHECK OUT ON steel - - Ann Joo, Ulicorp,)
(CHECK OUT ON aluminium - Press Metal,
PMB Technology, Alcom).

Alcom /2674
(ii) short term, target price RM 1.50
(ii) mid term, target price RM 2.32/ old high

(iii) closing price,
RM 1.24 as at 23 April 2021
RM 1.25 /year 2021 - high
26/04/2021 6:31 AM

SEE_Research

4,673 posts

Posted by SEE_Research > 2021-04-26 07:00 | Report Abuse

SEE_Research

Alcom /2674

For 26 February 2021 onwards,
for serious buyers
Pls buy
Pls add

when the window of opportunities still open , in early morning ,
as the KLSE opens at 9.00 am ,
26 April 2021,
pls do not chase above RM 1.30

(i) short term target price RM 1.50

(ii) mid term target price RM 2.32 / old high


Technical Chart
Alreadly , this share form a long flag pole ,
with bullish flag , breakout is RM1.25 ,
with strong surge in volume ,
follow by a few daily sessions,
upwards in prices,
with strong trade volume,
increasing in buying continuous orders,

bull flags are among the most reliable and effective pattern when display clearly.

vanbasten9

1,143 posts

Posted by vanbasten9 > 2021-04-26 17:15 | Report Abuse

Cw 52 53 huge potential. 20 sen

Posted by wallstreetrookie > 2021-04-26 22:56 | Report Abuse

Alcoa, Freeport-Mcmoran, Arcelormittal, BHP on the rise during early trading session. Commodities on the rise due to inflation concerns and expected economic recovery.

Posted by fresh investor > 2021-04-27 08:31 | Report Abuse

finally, aluminum price reach usd2,400. today going to be rocket again, fasten ur seat belt tightly.

vanbasten9

1,143 posts

Posted by vanbasten9 > 2021-04-27 08:33 | Report Abuse

Ejaculation to the wall.

meistsk3134

2,368 posts

Posted by meistsk3134 > 2021-04-28 09:20 | Report Abuse

ahhhhh feel good

pete tf

547 posts

Posted by pete tf > 2021-04-28 12:59 | Report Abuse

Happy with this counter.

meistsk3134

2,368 posts

Posted by meistsk3134 > 2021-04-28 22:19 | Report Abuse

hope steel continue uptrend and maintain level until end of this year..so pmetal can go high again

Posted by Fabien _the efficient capital allocator > 2021-04-29 19:35 | Report Abuse

Aluminium spot is hovering steady at 2,400 per tonne. Every 100/tonne rise will increase PMetal earnings by 13-20% annually. With capacity to expand by 40% in 2H 2021, everything falls nicely for record earnings easily >100% y-o-y. Forward PE is below 30x.

Posted by investortrader88 > 2021-04-30 08:01 | Report Abuse

bought this counter at RM5.22 last week.will continue to hold.good luck guys.

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-04-30 08:56 |

Post removed.Why?

meistsk3134

2,368 posts

Posted by meistsk3134 > 2021-05-02 21:49 | Report Abuse

hope covid does not effect this counter

Garmadon

31 posts

Posted by Garmadon > 2021-05-04 17:59 | Report Abuse

tomorrow it will be Pmetal turn to up

pete tf

547 posts

Posted by pete tf > 2021-05-05 13:46 | Report Abuse

Patience

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

Coming soon

Posted by Jeffrey Chang > 2021-05-06 17:37 | Report Abuse

Vigor is back!

Posted by tanhengjin > 2021-05-06 22:15 | Report Abuse

quietly collect, look at aluminium price, wow. shhhhhhh shhhhhhh

Bozeman

5 posts

Posted by Bozeman > 2021-05-07 01:31 | Report Abuse

Aluminium price to break out USD2,500 soon.

https://tradingeconomics.com/commodity/aluminum

DreamHunter

10,922 posts

Posted by DreamHunter > 2021-05-07 01:39 | Report Abuse

yah kah

DreamHunter

10,922 posts

Posted by DreamHunter > 2021-05-07 01:39 | Report Abuse

sure boh

pete tf

547 posts

Posted by pete tf > 2021-05-07 10:36 | Report Abuse

536x2=1072

wikioon

196 posts

Posted by wikioon > 2021-05-07 14:18 | Report Abuse

announcement of green aluminium soon

Posted by Jeffrey Chang > 2021-05-07 18:10 | Report Abuse

Well said.

Posted by Fabien _the efficient capital allocator > 2021-05-07 19:06 | Report Abuse

Already broken $2,500

Posted by Jeffrey Ko > 2021-05-07 22:26 | Report Abuse

Pang72 and friends.... mind sharing what is 536x2=1072?.... wonder why they dropped so badly last month.

pete tf

547 posts

Posted by pete tf > 2021-05-09 20:03 | Report Abuse

Still hold tight.

Garmadon

31 posts

Posted by Garmadon > 2021-05-09 20:50 | Report Abuse

hold tight tight.. gonna break RM6 soon

meistsk3134

2,368 posts

Posted by meistsk3134 > 2021-05-10 08:36 | Report Abuse

better focus anjoo alcom lbalum cheap

MiaoMiao7

456 posts

Posted by MiaoMiao7 > 2021-05-14 13:02 | Report Abuse

Chinese gov warned they will take action if the price continue to rally. Bad news folks, iron ore price dropped 10%. Monday crash, PE almost 100. Crazy https://www.mining.com/china-iron-ore-price-plunge-nearly-10-after-a-record-setting-rally/

goody99

1,814 posts

Posted by goody99 > 2021-05-20 11:01 | Report Abuse

The price is up but momentum is weaker as some technical indicators are down and thus showing divergence. That means we likely will see lower price in the future. If I were you I would sell high now and buy back later at cheaper price.

For more information, please refer:
https://www.investopedia.com/terms/d/divergence.asp#:~:text=Divergence%20is%20when%20the%20price,moving%20contrary%20to%20other%20data.&text=It%20occurs%20when%20the%20price,higher%20or%20showing%20bullish%20signals

Cakes Moon

6,930 posts

Posted by Cakes Moon > 2021-05-24 09:48 | Report Abuse

Result going to out today?
As long as aluminium price stay above $2100, I think should be ok.
Buy some to keep for result.

Posted by wallstreetrookie > 2021-05-26 10:04 | Report Abuse

My biggest regret is not having Press Metal in my portfolio

Posted by fireinvestor > 2021-05-27 17:14 | Report Abuse

What happened at 4.50?

Posted by Fabien _the efficient capital allocator > 2021-05-27 20:00 | Report Abuse

100% earnings growth on track. you will see.

Cakes Moon

6,930 posts

Posted by Cakes Moon > 2021-05-29 12:33 | Report Abuse

With superb QR & aluminium price stay high at $2500, this will be a gold mine.

:-)

7,640 posts

Posted by :-) > 2021-05-30 10:15 | Report Abuse

Buy kah?

Posted by wallstreetrookie > 2021-05-31 06:03 | Report Abuse

There is little convincing evidence to support the deeply held belief among economists that expectations themselves can fuel inflation. Workers demanding bigger pay increases in anticipation of inflation can indeed make it worse, but there needs to be some initial trigger, such as the 1970s oil shock or sharp currency depreciations. Even unusually rapid economic recoveries like today’s don’t typically qualify.

Investors who truly fear such worst-case scenarios may still want inflation hedges. For the rest, they are becoming a pricey insurance policy.

dalpinia

2,299 posts

Posted by dalpinia > 2021-06-03 11:28 | Report Abuse

Production increasing to 42% starting next QR, new TP RM7.3

LeslieGoh

1,410 posts

Posted by LeslieGoh > 2021-06-06 16:34 | Report Abuse

I must point out that that LB Aluminium, Alcom and Press Metal are dealing in aluminium. Tomei is dealing in jewelleries which you can buy online.

I am obliged to tell you that Leon Fuat, Choo Bee and Tomei are my major investment holdings. I am not asking you to buy these stocks to push the share prices higher. But, if you decide to buy, you are doing at your own risk.

meistsk3134

2,368 posts

Posted by meistsk3134 > 2021-06-08 12:53 | Report Abuse

many hardware shop dealer say price of all steel only high until this december. from last 2 year it seem price of steel also high in 1 year

James Ng

2,705 posts

Posted by James Ng > 2021-06-13 18:33 | Report Abuse

https://klse.i3investor.com/blogs/general/2021-06-13-story-h1566195355.jsp
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