Posted by newbie123456 > 2014-09-09 15:59 | Report Abuse

Buy now.

Posted by 8wpwtmt8 > 2014-09-09 16:31 | Report Abuse

Must have patience and faith. The bonus issue game has not even started yet. Suppose to hand up the proposal to Bursa tomorrow. Now got to delay one month because got to do some amendment to the paper work.

Posted by 360Capitalist > 2014-09-09 16:47 | Report Abuse

Aluminum MMI® Increases 2.1% to 97; Aluminum Keeps Roaring And so Does Alcoa
by MetalMiner IndX Reports on SEPTEMBER 9, 2014

There is not much to think about on aluminum. While the trend is up, you’d better be hedged. So far, the trend is up and there are no signs of weakness. If Alcoa can reach a 6-year high, so can aluminum.

Posted by 360Capitalist > 2014-09-09 17:06 | Report Abuse

Bloomberg reported that aluminum climbed for the second time in three days while the trade surplus in China, the biggest consumer of industrial metals, grew to a record as exports rose.
China’s exports in August increased 9.4% from a year earlier beating with the 9%. Imports unexpectedly dropped 2.4% leaving a trade surplus of USD 49.8 billion.

The Beijing based customs administration said that the metal in London advanced as much as 0.3% to USD 2,100 per tonne.

Posted by 8wpwtmt8 > 2014-09-09 17:09 | Report Abuse

http://www.kitcometals.com/charts/aluminum_historical_large.html
Looks like aluminium price down a lot at this current moment. Hope that it will soon recover.

Posted by 360Capitalist > 2014-09-09 17:20 | Report Abuse

Still at USD2075 per metric tonne

Posted by Beginner1989 > 2014-09-09 17:46 | Report Abuse

Pmetal drops after that? Wondering would it drops tomorrow? Hopefully drop to RM4-5?

Posted by undertaker > 2014-09-09 19:39 | Report Abuse

Impossible!

Posted by Joel > 2014-09-09 21:14 | Report Abuse

I will collect another 1 lot PMETAL during Correction Price.

ALUMINIUM PRICE 有时当然会跌跌下的，

它不可能一直都保持上涨趋势。

我相信AFTER BONUS ISSUE ，

PMETAL@股价至少达RM4.50 以上！

有一点我想提的是：

Be4 Bonus Issue, 股价不是不可能不会超过RM10.00.

以现在的趋势来看，

Uptrend is intact@PRESS METAL !

Posted by Joel > 2014-09-09 21:16 | Report Abuse

只是有时跌价，

如果不跌，

哪里会有更多investors 来买PMETAL ！

Posted by 3930 > 2014-09-09 21:19 | Report Abuse

If can drops under 5 i will soid all other counter and go in

Posted by beinghuman > 2014-09-09 21:44 | Report Abuse

can somebody let me know normally after split, the share goes up or down?

Posted by Lim Elson > 2014-09-10 00:14 | Report Abuse

last time when i bought, so many condemn is a lousy stock... now so many claim is a good stock..

however i just let it go.. made my profit... good luck to new investor.

Posted by ppginvest > 2014-09-10 00:46 | Report Abuse

Bullish view on aluminium price recovery augurs well for Press Metal
Posted on September 10, 2014, Wednesday

Read more: http://www.theborneopost.com/2014/09/10/bullish-view-on-aluminium-price-recovery-augurs-well-for-press-metal/#ixzz3Cq0PyRL4

Posted by Joel > 2014-09-10 07:27 | Report Abuse

1. It is the time for Press Metal Bhd (Press Metal) to shine as analysts expect the group to ride on aluminium price recovery and margin expansion in its Manufacturing and Trading (M&T) to drive earnings growth.

2. According to the research arm of Kenanga Investment Bank Bhd (Kenanga Research), it holds a bullish view on aluminium prices, premised on the increasing popularity of aluminium in the auto industry as a steel alternative, growing demand in emerging markets, and declining global production rates.

Posted by Joel > 2014-09-10 07:30 | Report Abuse

3. every US$100/MT increase in aluminum prices could directly translate into a five per cent increase in Press Metal’s bottom line.

Posted by Joel > 2014-09-10 07:31 | Report Abuse

4. On top of margin expansion, Kenanga Research is also expecting superior revenue growth of 25 per cent to RM3.9 billion in FY14E on additional capacity expansion.

Posted by BURSAMASTER > 2014-09-10 07:46 | Report Abuse

Latest Development and Announcement Soon (Buy Call) : Press Metal Berhad is expected to sign Power Purchase Agreement with Sesco for new phase of Smelting Plant in Bintulu which will increase the total production capacities for Bintulu plant from 330,000 metric tonnes to 660,000 MT. Together with Mukah plant, the total smelting capacities will be increased to 770,000MT. The plant will be built in the existing parcel of land measuring 264 acres and ready for production by 2016. With the additional capacities, it will boost the quarterly revenue to RM2Billion or RM8Billion per annum. This will rank Press Metal Berhad as Top 15 largest aluminium smelters in the World in terms of production capacities.

Posted by Joel > 2014-09-10 07:57 | Report Abuse

I posted info fr the link proviede from ppginvest.

https://www.filterbypass.me/anonsurf.php?u=%2BK20Ufl%2FCH5HKANhFjKpxbmanq31KcnXLoRbkkt4JHwx5fM4iEBAONInGo3kCgf60K7Uz69LdE79D3U5IeJ%2FHuabje7AciVgrNmCirmYwxBgOMVSVJORr6j0ghvC%2BcJhtsETTPSL7sg8&b=5#ixzz3Cq0PyRL4

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

Extract From RHB Double Happiness.. Target Price RM8.20

♦ Profit surges. Press Metal’s 2QFY14 core net profit doubled q-o-q and tripled y-o-y to MYR60m. The successful re-commissioning of its Mukah smelter and the full operation of its Samalaju smelter from April 2014 were timely to ride on higher all-in aluminium prices, which rose 10.3% q-o-q and 4.2% y-o-y to an average USD2,168/tonne in 2QFY14.

Although Press Metal’s 1HFY14 numbers appeared to be below consensus/our expectations on simple annualisation, we deem the results in line as we expect a much stronger 2H profit on the back of higher aluminium prices and smelting volume. Therefore, we make no changes to our earnings estimates. ♦

Proposing 1:1 bonus issue and interim dividend. Besides posting strong 2QFY14 results, Press Metal’s board has proposed a 1:1 bonus issue to reward its shareholders and improve its shares’ liquidity. In addition, its board has proposed a second interim dividend of 5 sen per share (YTD 10 sen per share), which we think is a good practice to reward its shareholders on a quarterly basis. Going forward, we expect the company to record core profits of MYR80m in 3QFY14 and MYR90m in 4QFY14, with quarterly profit to normalise to around MYR94m in FY15 based on our all-in aluminium price assumptions of USD2,300/USD2,365 /USD2,400 in the corresponding periods.

''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''
My Analysis of Q3 Earning :-
Aluminium Selling Price Q2 : USD2168 Vs Q3 : USD2400
(Q3, 2014 : Current LME Rate : USD2000 to 2100 + Premium USD400 = USD2400 to 2500 Per MT)

Rought Estimate
Q3 Profit at RM141,66 Million Vs Q2 RM60 Million Net Profit
Q3 EPS : 25.7 Cents Vs Q2 EPS : 11.57 Cts
Q2Q : 96% Growth in EPS

Buy now as the stock is still trading at 7 to 8 times forwar PE

Posted by yiqqre > 2014-09-10 09:55 | Report Abuse

Every fall is a good time to buy

Posted by LOOK009 > 2014-09-10 11:10 | Report Abuse

THIS WEEK TP RM8.00

Posted by 360Capitalist > 2014-09-10 11:22 | Report Abuse

The PPA and new capacity expansion will push PMetal stock price crossing RM8.00 with potential of making RM 1billion to RM2 Billion ringgit profit (Depending on Aluminium Price) by 2016.

If PMetal ventures into downstream manufacturing like coil sheet for automotive body segment, it will further improve the profit margin.

Posted by pathew > 2014-09-10 11:46 | Report Abuse

good stuff :)

Posted by 360Capitalist > 2014-09-10 12:00 | Report Abuse

Q2 > Aluminium Selling Price at USD2168.. The profit is RM60 Million as provided by RHB Report

So assume Every hike of USD100.. 5% hike in bottomline as per Kenanga Analyst
Actual Scenario Aluminium Selling Price For Q2 at USD2168 : PAT 6% at RM60mil
Scenario 1 : Aluminium Selling Price At USD2268 : PAT 11% at RM110mil
Scenario 2 : Aluminium Selling Price At USD2368 : PAT 16% at RM160mil

So.. coming quarter the PAT should be between RM110 million to RM160 million or EPS at 20 cents to 29 cents

Posted by rchi > 2014-09-10 12:35 | Report Abuse

pmetal most likely will be 10.0 before x 1:1 bonus going by this rate,definitely dsonic2.

Posted by Joel > 2014-09-10 12:36 | Report Abuse

接下这星期至下个星期，PRESS METAL股价可会在RM8.20 之间跑动！

Posted by billionhair > 2014-09-10 13:33 | Report Abuse

Actually what is the yearly sales vol ? If nothing change except the increase in selling price, every dollar of increase will be added into the bottomline.

Posted by billionhair > 2014-09-10 13:44 | Report Abuse

The increase of capacity means yearly capacity ?

Posted by Joel > 2014-09-10 14:46 | Report Abuse

billionhair, U may read the RHB cover report then u will understand PRESS METAL.

Posted by Joel > 2014-09-10 14:51 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1735245

Posted by CCV2013 > 2014-09-10 15:01 | Report Abuse

360Capitalist : What would be the fair and conservative PE for Pmetal! x 10, x 14 or x 16 or x more!

Posted by Joel > 2014-09-10 15:20 | Report Abuse

http://klse.i3investor.com/blogs/rhb/57300.jsp

Focus PMETAL PE !!

Posted by Joel > 2014-09-10 15:20 | Report Abuse

Press Metal FY14 PE(X) : 5.97 !

Posted by shlyw > 2014-09-10 15:23 | Report Abuse

Now that the price is worth buying

Posted by Joel > 2014-09-10 15:29 | Report Abuse

Collect !

Posted by 360Capitalist > 2014-09-10 15:37 | Report Abuse

billionhair : Sales Revenue around RM4Biillion.. Capacity is refer to yearly basis
CCV2013 : 15 Times

Posted by shlyw > 2014-09-10 16:15 | Report Abuse

http://www.chinapress.com.my/node/559213

Posted by Joel > 2014-09-10 16:29 | Report Abuse

很少有公司sales revenu达到rm4 billion like PRESS METAL !!

Posted by Joel > 2014-09-10 16:32 | Report Abuse

想到都惊讶profit after tax in the next coming RQ 利润!!

Posted by CCV2013 > 2014-09-10 17:24 | Report Abuse

Thanks 360Capitalist. PE 15 is fair ratio to pay, provided the aluminium price is sustainable!

Posted by billionhair > 2014-09-10 17:41 | Report Abuse

Thanks 360Capitalist.

Posted by joel > 2014-09-11 07:17 | Report Abuse

PRESS METAL 从GST 受惠吗？

GST 使明年车价下降1-3巴仙。

据我所知PMETAL产品其中使用来汽车工业。

车子降价将大大提升DEMAND。

这使到营业额以及利润提高！

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

Run up to RM10.00 cum bonus issue intact....by this friday we should see 7.60

Posted by joel > 2014-09-11 08:05 | Report Abuse

http://www.nanyang.com/node/648234?tid=643

Posted by 360Capitalist > 2014-09-11 08:25 | Report Abuse

Aluminium Play is gaining momentum in Stock Market fueled by increase demand and shortages
1) Alcoa USA share price is up 3 days straight and is at 6 years height..
2) Rusal share price is up 3 days straight and is in one year height,
3) aluminium price stabilizes around USD2000 to 2100 level + Premium at USD408 to 420 per MT

http://seekingalpha.com/article/2484415-value-added-products-can-create-value-for-alcoa?source=marketwatch
http://seekingalpha.com/article/2485135-alcoa-more-upside-potential-is-ahead?source=marketwatch

Posted by joel > 2014-09-11 09:26 | Report Abuse

BUY PMETAL !


Aluminum industry is on momentum !

Alcoa has been expanding its production to capitalize on the growing demand.
Alcoa is set to generate big profits with its organic and inorganic investments.
Alcoa's share price has strong upside potential.

Posted by joel > 2014-09-11 09:34 | Report Abuse

PRESS METAL今天与明天可能大涨！

Posted by LOOK009 > 2014-09-11 09:55 | Report Abuse

有小的调整都是買进的机会，我所认识的朋友有買进这PRESS METAL 的到现在都还沒有一个賣出，因为他们相信股价最少能超过RM10.00

Posted by LOOK009 > 2014-09-11 10:34 | Report Abuse

小小的调整大大的涨幅我们还在買进PMETAL和WC当中。