PRESS METAL ALUMINIUM HOLDINGS BERHAD

KLSE (MYR): PMETAL (8869)

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Last Price

5.30

Today's Change

-0.06 (1.12%)

Day's Change

5.28 - 5.38

Trading Volume

7,697,100


18 people like this.

15,895 comment(s). Last comment by Augustine 1 week ago

Posted by alexanderSingapore > 2014-04-14 16:41 | Report Abuse

Buy Pmetal-LA and convert to mother share, FOC!

Posted by alexanderSingapore > 2014-04-14 16:43 | Report Abuse

Today RHB reseach, Pmetal Target Price RM4.11

goldisgold

142 posts

Posted by goldisgold > 2014-04-14 17:20 | Report Abuse

No wonder profit taking happens today... RHB ruin the climb.

Hochimama

876 posts

Posted by Hochimama > 2014-04-15 11:36 | Report Abuse

judging from the volume. ppl are still holding pmetal.. only some selling.

Joel

4,580 posts

Posted by Joel > 2014-04-15 12:44 | Report Abuse

steady and slowly growth the price!

Hochimama

876 posts

Posted by Hochimama > 2014-04-15 13:45 | Report Abuse

RHB usually quite tepat with their TP. :)

kingleecha

450 posts

Posted by kingleecha > 2014-04-15 15:26 | Report Abuse

PE is more than 100. PMETAL investors really optimistic

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2014-04-15 15:34 | Report Abuse

Hi Kingleecha,

Really? PE of PMETAL > 100?????

Posted by alexanderSingapore > 2014-04-15 15:41 | Report Abuse

FA/TA ANY SUPER A is not applicable in PMetal Share!!

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2014-04-15 15:46 | Report Abuse

really? all TA/FA cannot be used in PMETAL? why? can share with us why?

I really wanna learn from you.

Posted by alexanderSingapore > 2014-04-15 16:14 | Report Abuse

don't learn from me, sorry i know nothing about FA/TA, i learned 'PATIENCE' from Pmetal shares! HAHAAHA

sklyte

2,621 posts

Posted by sklyte > 2014-04-15 17:31 | Report Abuse

PRESS metal will be a RM3.50 stock soon, mark my word! PE 100? it is only 8x, you didnt calculate its growthm, last 2 quarters get badly hit by their plants fire outbreak!

wee888

303 posts

Posted by wee888 > 2014-04-15 20:23 | Report Abuse

At 3.08, PE = 8.63, a lot of upside!!!!

Joel

4,580 posts

Posted by Joel > 2014-04-15 23:16 | Report Abuse

Pmetal, remain open high tomorrow ...road to the RM3.30 soon.

Posted by alexanderSingapore > 2014-04-16 11:06 | Report Abuse

Today AMMB rated TP RM4.50, hihihihi

wee888

303 posts

Posted by wee888 > 2014-04-16 12:30 | Report Abuse

3.20!!!

polarbear

26 posts

Posted by polarbear > 2014-04-16 14:37 | Report Abuse

Hope can achieve to 4.50

Joel

4,580 posts

Posted by Joel > 2014-04-16 15:23 | Report Abuse

I think today will done...close at rm3.26.
Tomorrow continue to hit.

Joel

4,580 posts

Posted by Joel > 2014-04-16 19:44 | Report Abuse

Might open at 3.30 by tomorrow.

tonylim

4,796 posts

Posted by tonylim > 2014-04-17 08:58 |

Post removed.Why?

abin

50 posts

Posted by abin > 2014-04-17 10:48 | Report Abuse

aluminium price rise bcoz whole world demand high
this company take advantage @@

sklyte

2,621 posts

Posted by sklyte > 2014-04-17 10:57 | Report Abuse

heartache, miss out RM1 from warrants,zzzzzzzzzzzz

Posted by chiongster1234 > 2014-04-17 13:29 | Report Abuse

whack!

Joel

4,580 posts

Posted by Joel > 2014-04-17 15:51 | Report Abuse

stiil got room to fly , ...may collect below Rm3.80.

sklyte

2,621 posts

Posted by sklyte > 2014-04-17 15:52 | Report Abuse

forget about pmetal, ran up so much already, ARANK - aluminium player as well, didnt move up much! company profits increasing despite low aluminium price somemore! wait what!

Joel

4,580 posts

Posted by Joel > 2014-04-17 16:03 | Report Abuse

rebound back, the next higer is testing at rm3.65.

Posted by alexanderSingapore > 2014-04-17 16:25 | Report Abuse

Skyle, Pmetal is upstream industry, plus booster from Sumitomo!!

Joel

4,580 posts

Posted by Joel > 2014-04-17 16:35 | Report Abuse

Anyway, is a good stock to keep in ur bag ...1-2 weeks will reach at rm4.10.

Joel

4,580 posts

Posted by Joel > 2014-04-17 16:40 | Report Abuse

PMETAL-LA almost over than mother -Pmetal.
It should not be happen in market !!!

Pmetal should stand higher than it.
TP = RM3.80.

Posted by chiongster1234 > 2014-04-17 16:57 | Report Abuse

to be continue....

arv18

2,645 posts

Posted by arv18 > 2014-04-17 17:08 | Report Abuse

latest financial results like this....

F.Y. Quarter Revenue Profit before Tax Profit Profit Attb. to SH EPS DPS
2013-12-31 2013-12-31 805,886 -8,715 -40,811 -28,411 -5.58 1.00

can lead to a breakout. nothing ceases to amaze!

arv18

2,645 posts

Posted by arv18 > 2014-04-17 17:10 | Report Abuse

current PE (TTM) = 119

this is truly a keeper!

sklyte

2,621 posts

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

PMETAL rising like crazy indeed is a good stock, i miss this big time,but nevermind can buy arank too, havent moved up much

arv18

2,645 posts

Posted by arv18 > 2014-04-17 17:16 | Report Abuse

the free float is small. so the price can be easily manipulated (up/down). better watch out, if you didn't get in early....

sklyte

2,621 posts

Posted by sklyte > 2014-04-17 17:34 | Report Abuse

arv18, that is one time loss recognised due to fire incident, pmetal is not cheap anymore

arv18

2,645 posts

Posted by arv18 > 2014-04-17 17:53 | Report Abuse

price movement has just been tracking the movement of aluminium on LME.

http://www.lme.com/metals/non-ferrous/aluminium/#tab2

price has risen from 1680 - 1900 over the last 6 months. thats has been the main driver.

however, that is only because indonesia has banned bauxite exports (demanded by RUSAL to justify building a smelter there).

where is press metal getting its bauxite from? - which means costs are also going to go up for PMETAL

this is from reuters in Jan, just as the LME price was going up...

Indonesia's export ban to curb China aluminium expansion
Thu Jan 30, 2014 7:49pm EST
Basic Materials »
* Indonesia supplies about 60 percent of China's bauxite import
* China has around 10 months of bauxite stockpiled - analysts
* Gap of around 10 million tonnes of bauxite possible - Macquarie

By Melanie Burton
SYDNEY, Jan 31 (Reuters) - China has found an inadvertent ally in its efforts to slim down a bloated aluminium sector, with Indonesia's ban on exporting metal ores set to boost costs of the raw material bauxite and pile more pressure on struggling smelters.

Beijing has been issuing broadbrush rules aimed at reining in overcapacity in sectors such as aluminium and steel for about a decade, but plans have usually been thwarted by resistance from local governments anxious to boost growth.

In the aluminium sector, ageing and inefficient smelters are already grappling with rising power prices, but now face potential bauxite shortages after Indonesia halted ore shipments on Jan. 12, as part of efforts to make miners process minerals at home.

China is the world's biggest aluminium producer and curbing expansion could ease a global surplus of the metal and even lead to the country resuming sizeable imports of refined aluminium.

It is also likely to provide support to the price of a metal that has been depressed for years.

"(Indonesia's ban) will have a huge impact on the Chinese aluminium industry in the medium term," said Citi China commodities analyst Ivan Szpakowski.

http://www.reuters.com/article/2014/01/31/indonesia-china-aluminium-idUSL6N0KO0D020140131

arv18

2,645 posts

Posted by arv18 > 2014-04-17 17:57 | Report Abuse

anyway, bought at 2.50, sell at 3.50 after 3 weeks, who cares why right?

Posted by warrenbuffett0830 > 2014-04-18 15:00 |

Post removed.Why?

tjhldg

27,218 posts

Posted by tjhldg > 2014-04-20 19:30 | Report Abuse

: )

Tina Khoo

223 posts

Posted by Tina Khoo > 2014-04-20 20:00 | Report Abuse

Hope to c pmetal fly on monday too..

tonywong8

471 posts

Posted by tonywong8 > 2014-04-20 21:49 | Report Abuse

Pmetal has yet made any big announcement despite price went up 60%. So far, only upgrading from banks. May go further up, I guess.

Tina Khoo

223 posts

Posted by Tina Khoo > 2014-04-21 00:02 | Report Abuse

Any new announcement to be announce soon ??

Joel

4,580 posts

Posted by Joel > 2014-04-21 20:37 | Report Abuse

will going up at rm3.70 soon !!!

Abudance

2,211 posts

Posted by Abudance > 2014-04-22 13:47 | Report Abuse

It's a theme play on aluminum. Game over for d meantime. Now is oil and gas. Sona up & many others

Joel

4,580 posts

Posted by Joel > 2014-04-22 18:20 | Report Abuse

Today I sold all my 5000 units share Pmetal.

Tina Khoo

223 posts

Posted by Tina Khoo > 2014-04-22 19:36 | Report Abuse

@joel ...thought u r going to hold till 3.70.

tonywong8

471 posts

Posted by tonywong8 > 2014-04-22 23:31 | Report Abuse

Game not over yet. Big player still accumulate share.

tjhldg

27,218 posts

Posted by tjhldg > 2014-04-23 00:46 | Report Abuse

ada follow bro. beli balik tampok : )

rchi

20,923 posts

Posted by rchi > 2014-04-23 12:34 | Report Abuse

this round should see 4.00 and above.

rchi

20,923 posts

Posted by rchi > 2014-04-23 12:36 | Report Abuse

aluminium price keep increasing,fundamentals keep improving...

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