PRESS METAL ALUMINIUM HOLDINGS BERHAD

KLSE (MYR): PMETAL (8869)

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Last Price

5.33

Today's Change

-0.04 (0.74%)

Day's Change

5.29 - 5.40

Trading Volume

5,991,700


18 people like this.

15,864 comment(s). Last comment by telusdansuci 2 weeks ago

Jingweihan

1,605 posts

Posted by Jingweihan > 2022-02-10 21:54 | Report Abuse

Above rm7.00

Posted by wallstreetrookie > 2022-02-11 17:28 | Report Abuse

People that you must follow on i3 list
1. Pang72: Contra God
2. Paktua: WhatsApp Pump and Dump God
3. Calvin: "I told you so, buy this company that I recommend instead"
4. Dompeilee: Appears in literally every stock that limit up Insider Trading God (I bought xxx two months ago and now it's up I am a God)
5. mf: Robot/AI God

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-02-12 21:47 | Report Abuse

aluminium in high demand this is why.
and aluminium will stockpile around 2024

Posted by cylmsk2021 > 2022-02-14 16:38 | Report Abuse

why pmetal not moving one ??

Posted by cylmsk2021 > 2022-02-14 16:38 | Report Abuse

but pmbtech moved so much

Posted by cylmsk2021 > 2022-02-14 16:38 | Report Abuse

money stuck already

SMInvest

278 posts

Posted by SMInvest > 2022-02-16 12:52 | Report Abuse

The global silicon metal market size was $6.3 billion in 2019, and is projected to reach $8.9 billion by 2027, growing at a CAGR of 5.5% from 2020 to 2027.

Silicon metal is an industrial additive produced by smelting quartz and coke in an electric heating furnace. It consists of 98% of silicon, although the composition of silicon has increased as close to 99.99% silicon in recent years. Impurities in silicon metals mainly include iron, aluminum, and calcium. Silicon metal is used as a feedstock in the production of silicones, aluminum alloys, and semiconductor materials.

Based on its application, silicon metals are offered in various grades, namely, metallurgical, chemical, electronics, polysilicon, solar, and high purity grades. The production of various grades of silicon metal starts with the refining process of silica within quartz rock or sand, followed by a carbothermic reduction of silica that occurs in an arc furnace to produce metallurgical grade silicon. This is then further refined through a hydro-metallurgical process to produce chemical-grade silicon. Chemical-grade silicon metal is majorly used in the production of silicones and silanes. Metallurgical silicon is 99% pure and is used in steel smelting and aluminum alloys.

The global silicon metal market is presently driven by various factors such as increase in demand for aluminum alloys in the automotive industry, expanding application spectrum of silicones, demand from energy storage markets, and a steady demand from the global chemical industry. A major chink of silicon metal is currently used in the production of aluminum alloys, which, in turn, is used in the production of light-weight automotive. Aluminum's superior strength-to-weight ratio makes it more effective for building fuel efficient cars than steel or iron.

Hence, the demand for automotive-related alloys is expected to increase, thus, driving the demand for silicon metal. Silicon metal is absolutely necessary for the production of aluminum and chemical products since it provides them with essential properties. In addition, it cannot be substituted and there is no recycling of (pure) Silicon. In the chemical industry, it is used for producing silicon compounds as well as silicon wafers used in photovoltaic solar cells and electronic semiconductors. Silicon compounds are the raw material for a large and growing number of industrial and consumer products such as silicone rubber parts, urethane foam, sealants, adhesives, lubricants, food additives, coatings, and cosmetics.

The high cost of production of silicon metal is expected to limit its market growth during the forecast period. The production of silicon metal is energy intensive, which increases its cost of production. Submerged arc furnace (SAF) is highly energy intensive and a large portion of the total production cost is related to its energy consumption. Further, the cost of producing silicon metal is controlled by the prices of other components such as coal, quartz, oil/natural gas, and electrodes. The production of silicon metal requires constant supply of its raw material-quartz. Quartz mines are owned by few global players such as Ferroglobe, Rusal, Liasa, and Elkem. Hence, the scope for vertical integration is minimum. This limits the entry of new players in the silicon metal production chain, thus, leading to high prices.

Posted by warrenchok90 > 2022-02-16 13:48 | Report Abuse

so beautiful... last time I play sell on 6.50 never expect could go to RM7... good job pmetal

Ntpboon

663 posts

Posted by Ntpboon > 2022-02-16 15:23 | Report Abuse

铝片变铝条.............

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-02-20 14:23 | Report Abuse

why no report?

pete tf

523 posts

Posted by pete tf > 2022-02-25 21:18 | Report Abuse

Report good

Posted by ahmadzakiz > 2022-02-28 09:49 | Report Abuse

Steady company

wikioon

196 posts

Posted by wikioon > 2022-02-28 14:30 | Report Abuse

aluminium hit $3500 - highest ever in history

bang_miskin

1,059 posts

Posted by bang_miskin > 2022-02-28 16:18 | Report Abuse

This company slow but steady. When our good fren kyy cakap busuk about this company, you know you picked the right one.

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-03-01 20:56 | Report Abuse

pmetal boss take out money invest in pmb last year.

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-03-02 19:25 | Report Abuse

why alcom n labum cannot increase?

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-03-02 19:40 | Report Abuse

why epf acquired share make share price drop?
and when epf selling the price share up. why?

James Ng

2,679 posts

Posted by James Ng > 2022-03-03 22:15 | Report Abuse

https://klse.i3investor.com/blogs/general/2022-03-03-story-h1599413247.jsp
[??] [Video:??PRESS METAL ALUMINIUM HOLDINGS BERHAD, PMETAL, 8869] - James?????James Share Investing

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-03-08 09:37 | Report Abuse

sudah turun

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-03-08 20:39 | Report Abuse

so many sell

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-03-08 20:39 | Report Abuse

alumimium big drop

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-03-10 07:43 | Report Abuse

owner disposed and 2 big shareholder cash out

bang_miskin

1,059 posts

Posted by bang_miskin > 2022-03-10 09:34 | Report Abuse

Really liked this company...but at current selling pressure I will take small profit and reenter when price stabilised

Posted by NatsukoMishima > 2022-03-10 10:04 | Report Abuse

@ Posted by bang_miskin > 1 week ago | Report Abuse

This company slow but steady. When our good fren kyy cakap busuk about this company, you know you picked the right one.
_____
Yes , this is 200% correct !

Posted by cylmsk2021 > 2022-03-10 10:46 | Report Abuse

looks gone case now

bang_miskin

1,059 posts

Posted by bang_miskin > 2022-03-10 11:02 | Report Abuse

Yeap. Should have sold it on yesterday's closing. Not too happy with price trend in the past 4 days.
Still a very solid company. Remembered trading around RM5 (before share split) around late 2019. That's more than 100% gain at current price.

babanono

49 posts

Posted by babanono > 2022-03-10 16:07 | Report Abuse

I3 new version look cool !

carimakan

2,491 posts

Posted by carimakan > 2022-03-14 10:06 | Report Abuse

kenapa selling pressure kuat ye?

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-03-14 10:13 | Report Abuse

profit taking + aluminium price fell last week. all takut hold

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-03-14 11:14 | Report Abuse

already say ceo cabut
guess i selling it today too
but comodity alu still high

Posted by investmalaysia618 > 2022-03-15 14:40 | Report Abuse

overvalued

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-03-16 13:00 | Report Abuse

can enter now?

bang_miskin

1,059 posts

Posted by bang_miskin > 2022-03-16 20:53 | Report Abuse

Pmetal is good company although strongly depends on price of aluminium. If you believe aluminium price remains high, then Pmetal continues to climb. Otherwise, prepare to lari when price drops.

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-03-17 19:28 | Report Abuse

but PE too high

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-03-17 20:00 | Report Abuse

ok i enter tmrw

bang_miskin

1,059 posts

Posted by bang_miskin > 2022-03-21 16:32 | Report Abuse

Tempting to buy back pmetal. Observe price for now.

Posted by mokluhanj21 > 2022-03-21 23:16 | Report Abuse

Wow Australia just banned export of alumina. Great set up! Boom boom!

MiaoMiao7

449 posts

Posted by MiaoMiao7 > 2022-03-22 09:23 | Report Abuse

Earn so much still need to PP…. Why?

Posted by Hachi Hachi > 2022-03-22 11:10 | Report Abuse

Until then, , most likely will drop further n further for pp to be taken up not unless otherwise got extra good news

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-03-22 14:02 | Report Abuse

company have problem?

Posted by Hachi Hachi > 2022-03-22 14:49 | Report Abuse

Her pmbtech is doing well!

Posted by ValueInvestor888 > 2022-03-22 15:14 | Report Abuse

good chance to buy low...

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-03-22 15:35 | Report Abuse

china need more aluminium. and pmetal is dealing with them?

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-03-22 15:35 | Report Abuse

i think low is rm6.00

Posted by Hachi Hachi > 2022-03-22 16:26 | Report Abuse

Still waiting for it to drop further.

bang_miskin

1,059 posts

Posted by bang_miskin > 2022-03-22 16:32 | Report Abuse

Still interested, but wait for price to stabilise.
I remembered buying it before pre-pandemic. Price is RM5 before splitting twice (2020 and 2021). Imagine a company moving from RM1.25 to RM6.00 within span of two-three years...good profit.

Dragon88

153 posts

Posted by Dragon88 > 2022-03-22 16:43 | Report Abuse

can start to slowly accumulate based on the current price

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-03-22 18:34 | Report Abuse

how the bank can approve loan for them?

DannyArcher

1,258 posts

Posted by DannyArcher > 2022-03-22 18:52 | Report Abuse

Based on last quarter
Total Debt 6.38B
Total Equity 4.93B
Free cash flow -385M

negative free cash flow for 2 quarters, how can they have negative free cash flow in a bull market? am i missing something?

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