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

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-11-05 08:46 | Report Abuse

Holding steady !

Posted by Fabien _the efficient capital allocator > 2021-11-05 19:59 | Report Abuse

Will revisit this stock again if it ever drop below 5

Posted by Mr.Sm Invest123 > 2021-11-06 07:44 | Report Abuse

热门股:齐力科技 上挑RM13.18 - https://www.enanyang.my/行家论股/热门股齐力科技-上挑rm1318 (Share from StockHunter)

Posted by Lamshuntee > 2021-11-06 15:46 | Report Abuse

China's energy crunch spells margin erosion for Press Metal, but Affin Hwang still likes the stock
By Farah Adilla - October 20, 2021 @ 10:22am

KUALA LUMPUR: China's energy problem, which is expected to remain until 2022, should translate to some profit margin erosion in Press Metal Aluminium Holdings Bhd's earnings, Affin Hwang Capital said.

In a note today, the firm said raw material supply including alumina, carbon anode, magnesium and silicon metal were expected to be under pressure in the coming quarters as China struggled with its electricity shortages, causing disruptions in production.

It said cement, steel and aluminium production being the most energy-intensive industries were expected to be worst hit from the power crunch.

"Nevertheless, we believe the rise in raw material prices will be partially passed through to customers, mitigating the impact, while the resulting global supply shortage would translate to elevated aluminium prices for a longer period of time.

"Despite the potential squeeze in margin, we continue to like Press Metal for its strong earnings growth outlook and scarcity premium as it is the only aluminium smelter to be listed in Malaysia and the largest aluminium smelter in Southeast Asia," it said.


Affin Hwang said Press Metal's Samalaju Phase 3 plant was operating at 96 per cent capacity and on track for full ramp-up by the end of the year.

Upon full commissioning, Samalaju Phase 3 plant's total capacity will expand to 1.08 million tonnes per year, up 42 per cent from the current 760,000 tonnes per year.

Affin Hwang has adjusted Press Metal's 2021-2023 ernings by 9.5 per cent, -5.9 per cent and -4.3 per cent respectively.

This was after incorporating higher aluminium prices as a result of the global aluminium shortage, higher raw material costs and lower value added products sales volume mix as a result of potential disruption in magnesium and silicon metal supply.

Affin Hwang has maintained its "Buy" call on Press Metal with a lower target price of RM8.20 from RM8.70 previously.

vanbasten9

1,143 posts

Posted by vanbasten9 > 2021-11-09 06:42 | Report Abuse

Will drop more while brent crude rises... Buy because this is as good as American Alcoa

Kevin Tam

541 posts

Posted by Kevin Tam > 2021-11-09 09:59 | Report Abuse

The shortage of aluminium n aluminium products being exaggerated by local research houses; next year profit before tax decide whether Press metal is overvalued or undervalued at 5.50-6.00 but with top Chinese manufacturers producing about 50% of the aluminium of the world, the aluminium prices at china should be good barometer to think whether shortage of aluminium is reality or just a news being wild spread by western top investment banks then local research houses…

LossAversion

1,727 posts

Posted by LossAversion > 2021-11-09 10:00 | Report Abuse

Will Pmetal suffers a similar fate as gloves? time will tell.

Hamsip

50 posts

Posted by Hamsip > 2021-11-09 11:08 | Report Abuse

Will Loss Aversion lose every sen in the stocks that he had invested. Time will tell.

Hamsip

50 posts

Posted by Hamsip > 2021-11-09 11:09 | Report Abuse

Earning coming end of November.... Another record???

Posted by Mr.Sm Invest123 > 2021-11-13 08:43 | Report Abuse

上升股:齐力科技 阻力RM14.40

Author: Tan KW | Publish date: Sat, 13 Nov 2021, 7:45 AM



齐力科技(PMBTECH,7172,主板工业股)的日线交投走势,于11月12日闭市时收13.40令吉,按日涨1.00令吉或8.06%,短期上升阻力或会处于13.42-14.40令吉水平。

12/11/21行情

闭市:13.40令吉

起落:+1令吉

成交量:2,349宗

最高:13.40令吉

最低:12.28令吉

本益比:121.157倍

毛周息率:0.075%

52周最高:16.30令吉

52周最低:3.25令吉





https://www.enanyang.my/行家论股/上升股齐力科技-阻力rm1440

vanbasten9

1,143 posts

Posted by vanbasten9 > 2021-11-14 07:56 | Report Abuse

Aluminum futures on a year has zoom past 2700 n will reach 2800 this year.. grab

Posted by Mr.Sm Invest123 > 2021-11-14 09:49 | Report Abuse

上升股:齐力科技 阻力RM14.40

Author: Tan KW | Publish date: Sat, 13 Nov 2021, 7:45 AM



齐力科技(PMBTECH,7172,主板工业股)的日线交投走势,于11月12日闭市时收13.40令吉,按日涨1.00令吉或8.06%,短期上升阻力或会处于13.42-14.40令吉水平。

nisah395

235 posts

Posted by nisah395 > 2021-11-15 10:04 | Report Abuse

noted on that

vanbasten9 > Aluminum futures on a year has zoom past 2700 n will reach 2800 this year.. grab
14/11/2021 7:56 AM

vanbasten9

1,143 posts

Posted by vanbasten9 > 2021-11-16 18:11 | Report Abuse

Sorry nisah if my bullish has not translated into our gains

Hamsip

50 posts

Posted by Hamsip > 2021-11-16 23:10 | Report Abuse

Chin up vanbasten n nisah395. Market manipulators pulling price down but great ER can cause big lift off

Posted by Smashrock > 2021-11-17 18:27 | Report Abuse

Why does hlb say the P/E ratio is 25 when all other platforms have it as 59~60? And thus calculate that tp?

Random fun fact : hlb asset management has considerable share ownership in pmetal.

Stockhunter88

2,031 posts

Posted by Stockhunter88 > 2021-11-22 23:14 | Report Abuse

Fantastic qr coming up?

Posted by billybob123 > 2021-11-26 16:55 | Report Abuse

where is qr?

pete tf

547 posts

Posted by pete tf > 2021-11-26 21:22 | Report Abuse

Report good. But price today down! How come?

meistsk3134

2,368 posts

Posted by meistsk3134 > 2021-11-27 09:10 | Report Abuse

metal price start dropping.

James Ng

2,705 posts

Posted by James Ng > 2021-11-27 19:12 | Report Abuse

https://klse.i3investor.com/blogs/general/2021-11-27-story-h1594678342.jsp
[转贴] [Video:浅谈PRESS METAL ALUMINIUM HOLDINGS BHD, PMETAL, 8869] - James的股票投资James Share Investing

Posted by Stayhomemum > 2021-11-29 11:39 | Report Abuse

whats happened with the big drop? Aluminum price still above 2600; Q3 result is good and expecting Q4 will be good too. Thus, P/E ratio will be coming down too rite?

Stockhunter88

2,031 posts

Posted by Stockhunter88 > 2021-11-29 12:30 | Report Abuse

Luckily I run habis habisan last Friday.. Omicron megatron all Mari liao

Posted by Putrajaya666 > 2021-11-29 15:13 | Report Abuse

gg shit counter

meistsk3134

2,368 posts

Posted by meistsk3134 > 2021-11-30 16:01 | Report Abuse

hold long term

Posted by Mr.Sm Invest123 > 2021-12-01 08:50 |

Post removed.Why?

Posted by Mr.Sm Invest123 > 2021-12-07 08:37 | Report Abuse

PMB Technology poised for a rebound, says RHB Retail Research
theedgemarkets.com

December 07, 2021 07:40 am +08


KUALA LUMPUR (Dec 7): RHB Retail Research said PMB Technology Bhd is poised for a rebound following a recent pullback, as it bounced off the support while heading towards the immediate resistance of RM12.64.

In a trading stocks note today, the research house said if the stock manages to push above that level – crossing above the 21-day average line – the bulls may propel the stock towards the RM13.20 threshold, followed by the next resistance of RM13.68.

“This expectation will be nullified if it falls below the support level of RM12.04,” it said.

Posted by wallstreetrookie > 2021-12-14 14:28 | Report Abuse

The new variant poses a dilemma for some central banks: Should they simply wait to see its impact, or act pre-emptively?

Major central banks spent much of the year telling investors that the surge in consumer prices would prove temporary. They have dialed back those claims in recent weeks as inflation soared ever higher. Global supply-chain bottlenecks, one cause of higher prices, are now expected to persist through at least the first half of 2022.

“I think there is a concern that inflation isn’t coming back down as quickly as people had felt and central banks need to react,” said Iain Stealey, a portfolio manager with J.P. Morgan Asset Management.

WSJ | Markets

Posted by wallstreetrookie > 2021-12-14 14:28 | Report Abuse

Press Metal Berhad Maintain Underweight

meistsk3134

2,368 posts

Posted by meistsk3134 > 2021-12-30 02:11 | Report Abuse

i forgot have dividend, after dividend share price drop b

meistsk3134

2,368 posts

Posted by meistsk3134 > 2021-12-30 17:27 | Report Abuse

0.01 only.

SMInvest

376 posts

Posted by SMInvest > 2022-01-05 23:24 | Report Abuse

PMB Tech gets more energy to power expansion

KUCHING: PMB Technology Bhd has secured an additional supply of 25-megawatt (MW) electricity from Syarikat Sesco Bhd to power the production expansion of its metallic silicon plant in Samalaju Industrial Park in Bintulu, Sarawak.

Its wholly-owned subsidiary PMB Silicon Sdn Bhd entered into a legally binding term sheet with SESCo last week, which would be formalised with an agreement later to revise the amended and restated power purchase agreement to, inter alia, increase the existing supply of electricity at its metallic silicon plant from 104MW to 129MW.

PMB Tech said the additional electricity supply is due to an expansion of operations at the silicon facility.

PMB Tech is an associate of Press Metal Aluminium Holdings Bhd, which is South-East Asia’s largest integrated aluminium producer. PMB Tech diversified into the manufacturing of metallic silicon with an investment of some RM320mil in Phase 1 of the plant with an annual production capacity of 36,000 tonnes in 2018.

Metallic silicon, according to the company, is a vital raw material with a compounded annual growth of 4% globally.

PMB Tech’s earnings have received a major boost this year, thanks to the strong metallic silicon prices. In the first nine months to September 2021, PMB Tech’s group net profit soared to RM45.5mil from RM11.8mil a year ago, as revenue climbed to RM542.8mil from RM409mil.

According to CEO Koon Poh Ming, the price of metallic silicon has risen to a record high, as the commodity market has reacted positively to the fast recovery of the world economy from the effects of the Covid-19 pandemic.

He said the surge in the metallic silicon price was primarily caused by the initiative of the Chinese government to cut back on the power supply as well as tightening of environmental control in China.

However, the company expects the record high metallic silicon price to correct by itself and stabilise in the near future.

With the recent encouraging commodities market, Koon said the group is expected to benefit from the positive movement in the price of metallic silicon after offsetting higher logistics, raw material and operating cost.

He said the group’s other aluminium businesses are gradually moving into the positive position.

The group is into manufacturing of aluminium access equipment, marketing and trading of other related products while its construction and fabrication segment is involved in contracting, designing and fabrication of aluminium curtain wall, cladding system and system formwork.

SMInvest

376 posts

Posted by SMInvest > 2022-01-06 09:07 | Report Abuse

上升股:齐力科技 阻力RM13.08

Author: Tan KW Publish date: Thu, 6 Jan 2022, 7:27 AM


齐力科技(PMBTECH, 7172,主板工业股)的日线交投走势于1月5日闭市时收12.62令吉,按日涨42仙或3.44%,于闭市时持续保持着它的反弹走势。短期上升阻力或会处于12.64至13.08令吉水平间。

5/1/22行情

闭市:12.62令吉

起落:+42仙

成交量:1,213宗

最高:12.90令吉

最低:12.16令吉

本益比:114.105倍

毛周息率:0.079%

52周最高:16.30令吉

52周最低:4.45令吉

https://www.enanyang.my/行家论股/上升股齐力科技-阻力rm1308

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-01-06 09:36 | Report Abuse

pmb is future. pmetal no hope? sad

Posted by Stayhomemum > 2022-01-07 11:59 | Report Abuse

Posted by meistsk3134 > Jan 6, 2022 9:36 AM |

pmb is future. pmetal no hope? sad


'Aluminum prices continued to march higher to above $2,900 per tonne in the first week of January, the highest since late October 2021, amid falling inventories and expectations of large deficits as the power crisis, specially in Europe persists, and smelters need to cut production. Stocks of aluminium in LME approved warehouses fell more than 50% since the middle of March. Meanwhile, a ban on Indonesia exports of thermal coal prompted a surge in coal prices, which will likely to push aluminum production down in both China and India.' TRADINGECONOMICS


hope to shine some news here for you.

wikioon

196 posts

Posted by wikioon > 2022-01-10 10:33 | Report Abuse

JP Morgan research call for TP 7.70. Rmbr their call for Topglov? All in now.

PureBULL ...

2,613 posts

Posted by PureBULL ... > 2022-01-10 10:46 | Report Abuse

Elon Musk of TESLA, loves all things GREEN...
He could be eyeing green Al in Pmetal n green Si in Pmbtech,,
it would happen, don't play.play,,

https://www.reuters.com/markets/commodities/europes-power-crunch-sparks-aluminium-smelter-meltdown-andy-home-2022-01-06/

Ntpboon

664 posts

Posted by Ntpboon > 2022-01-13 09:45 | Report Abuse

-----------------
---------------------

装着铝箔的红包??

--------------------------

lamy92

745 posts

Posted by lamy92 > 2022-01-21 08:55 | Report Abuse

Awesome.. This game steel sector.. Aluminum continue break 5years high until march

W246525

3 posts

Posted by W246525 > 2022-01-23 22:08 | Report Abuse

Any chance price can go higher...now 6.16...in the short term?

Posted by wallstreetrookie > 2022-01-31 05:44 | Report Abuse

An MSCI gauge of Southeast Asian, or Asean, equities fell less than 2% this week and rose to an 18-month high relative to the Asia benchmark, which slumped almost 5%.

“Asean is now less vulnerable than in the past as current account balances have improved and valuations on equities, bonds and currencies are less demanding,” UBS Group AG strategists including Niall MacLeod wrote in a note Thursday. “Markets are in a much better position relative to 2013.”

Hector99

32 posts

Posted by Hector99 > 2022-02-03 21:36 | Report Abuse

SMInvest,

Please stop promoting long and repetitive PMBTech non-stop in this PMetal chatgroup. Please kindly do it in the PmbTech chatgroup.

Admin. please kindly exercise more control over irrelevant postings. Thank you.

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-02-04 16:18 | Report Abuse

y not? pmb rise more than pmetal.

Posted by wallstreetrookie > 2022-02-05 19:25 | Report Abuse

Malaysia and many emerging markets like Philippines are about to outperform G10 stocks and currencies.

FKLI derivatives are pretty active these few days. We see a strong return to mid and small caps after the latest statement from BNM. You can read the article on Bloomberg Markets news. KLSE could reach 1800 after the next election due August 2022.

SMInvest

376 posts

Posted by SMInvest > 2022-02-09 08:26 | Report Abuse

上升股:齐力科技 阻力RM18.94

Author: Tan KW | Latest post: Wed, 9 Feb 2022, 7:42 AM

齐力科技(PMBTECH,7172,主板工业股)的日线交投走势,于2月8日闭市时收17.40令吉,按日涨1.54令吉或9.71%,短期上升阻力或会处于17.42-18.94令吉水平。

Ntpboon

664 posts

Posted by Ntpboon > 2022-02-10 14:38 | Report Abuse

铝箔变铝片...........

Posted by wallstreetrookie > 2022-02-10 15:30 | Report Abuse

Time to take profits guys. JP Morgan always recommends a stock at the end of the bull cycle. The value trade is almost over. 1 more quarter at most and the price will be stagnant. Not much meat left on the table.
Short term traders exit. Long term traders hold

Posted by wallstreetrookie > 2022-02-10 19:25 | Report Abuse

Last time when every news channel applauds Greatech's boss Lim Eng Kee for hitting billionaire status, the stock just stopped going up.

Food for thoughts.

Posted by wallstreetrookie > 2022-02-10 19:26 | Report Abuse

Underweight on Press Metal

Posted by supersinginvestor > 2022-02-10 19:58 | Report Abuse

Overweight on pmetal
It will follow alu prices up up up

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