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

5.32 - 5.40

Trading Volume

1,016,200


18 people like this.

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

DatoKyle

369 posts

Posted by DatoKyle > 2022-03-22 22:24 | Report Abuse

Rubbish !

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-03-23 08:54 | Report Abuse

look like pmetal have problem isit

Posted by Hachi Hachi > 2022-03-23 08:58 | Report Abuse

Confidence

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-03-23 14:57 | Report Abuse

everything was sooo good, until it want to do fund-raising which raises some red flags.....
i wanted to enter man, see "fundraising" i runaway

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-03-23 15:09 | Report Abuse

news say wanna raise for upgrade more project.

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-03-23 15:10 | Report Abuse

example a small supermarket have more profit less earning, that supermarket can borrow more loan from bank

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-03-23 15:28 | Report Abuse

if it didnt do fund raising, i see share price i enter.
after it announce fundraising, i did some quick see through company, few red flags.
1) high revenue but low profit margin, even with aluminium price spike
2) mostly family owned in shareholders, very risky if got family dispute
3) business at many different countries, easily inflate some account figures
this is just brief look through data on websites, not really in-dept research.
PP/fundraising very bad omen most of the time, goodluck trading

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-03-23 15:41 | Report Abuse

thank for sharing. going sell it

babanono

49 posts

Posted by babanono > 2022-03-23 20:14 |

Post removed.Why?

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-03-23 21:48 | Report Abuse

what i stated before just my view on not buying BUT
there are still some good factors though :
1) aluminum price is going up again
https://tradingeconomics.com/commodity/aluminum
2) pmetal share price macam want to rebound
maybe profit margin is low for all metal industry, because of their high operation and production cost.
idk in a way my steel counters i enter still got stucked there lol

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-03-23 22:56 | Report Abuse

this is why pmetal need more fund invest build factory

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-03-24 09:57 | Report Abuse

if pmetal didnt announce PP....
selldown over, trend reversal and aluminum price up again. these 3 factor can easily rebound
reeee management announce wrong time!!!!!

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-03-28 15:07 | Report Abuse

they can always issue PP 10-25% less than market share price.

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-03-29 09:12 | Report Abuse

fixed the issue price for 163,398,700 Placement Shares at RM5.94 per Placement Share. The Proposed Placement was oversubscribed.
safe to enter i guess.

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-03-29 09:27 | Report Abuse

pmetal not yet get a fund

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-03-29 09:58 | Report Abuse

its stated oversubscribed though, PP havent listed but theres buyer already

Posted by Hachi Hachi > 2022-03-29 15:55 | Report Abuse

picking a few this morning.

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-03-29 16:39 | Report Abuse

pmetal got hope?

Posted by Hachi Hachi > 2022-03-29 20:15 | Report Abuse

Aluminium Holdings Bhd has fixed the issue price for its 163.39 million placement shares at RM5.94 per share following the completion of bookbuilding exercise.

In a filing with Bursa Malaysia today, the aluminium company said the proposed placement was oversubscribed.

Posted by Hachi Hachi > 2022-03-29 20:16 | Report Abuse

Confidence of the investors

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-03-29 22:02 | Report Abuse

who fund the fund?

madx74

27 posts

Posted by madx74 > 2022-04-06 11:46 | Report Abuse

Time to change to other metal stock...

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-04-07 14:39 | Report Abuse

why

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-04-09 11:33 | Report Abuse

the typical.... only goes up after you gave up hahah

Fx456y

4 posts

Posted by Fx456y > 2022-04-09 17:24 | Report Abuse

Better to hold for next 15 days...gold and currency market join telegram @AL6788 for good returns more than 50%

Posted by ahmadzakiz > 2022-04-15 14:30 | Report Abuse

Another 50 cent down. buy more

DannyArcher

1,258 posts

Posted by DannyArcher > 2022-04-17 12:29 | Report Abuse

i dont understand... earn so much, still need to PP, why?

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-04-17 21:41 | Report Abuse

pmetal selling raw metal or ready make?

Kenny Lam

128 posts

Posted by Kenny Lam > 2022-04-22 12:26 | Report Abuse

metal ada show lagi ?

Posted by Hachi Hachi > 2022-04-22 16:32 | Report Abuse

Pick a few today.

Posted by EastWestTalker > 2022-04-25 14:42 | Report Abuse

尽管铝价在去年末季触及每吨3985美元的高点后,如今已滑落至每吨3443美元,但依然是近13年高点。

同时,上述价格已高于大华继显研究所预测的全年平均价位每吨2500美元。

Posted by EastWestTalker > 2022-04-25 14:42 | Report Abuse

铝价走高的原因,包括再生能源和电动车趋势推高需求、中国部分供应商停工、俄乌战争阻断供应。

与此同时,原料氧化铝的价格也一度触及每吨500美元,随后已回落至432美元。据我们估算,氧化铝价格每上扬20美元,齐力(PMETAL,8869,主板工业股)盈利将会减少1亿3200万令吉。

另一边厢,齐力已将私下配售活动的每股配售价,定在5.94令吉,估计可集资9亿7060万令吉,用作资本开销、运营资金和偿还贷款。

尽管总股数已稀释约2%,但相关集资活动有助于拓展业务。

我们了解,其中1亿令吉的资本开销,会用来强化电动车铝电池壳挤压能力,这有助于提高赚幅。

我们相信,未来至少两年,铝供应依然会处于紧缺,因中国仍在限制产量,及干净能源趋势推高需求。

环境、社会与监管(ESG)方面,除了采用水力电源,齐力也承诺分别在2025和2030年,将温室气体排放量减少15%及30%。

维持“买入”评级,目标价也定在7.50令吉。

Russel

543 posts

Posted by Russel > 2022-04-26 12:46 | Report Abuse

Broke the support of RM6.20

Posted by Hachi Hachi > 2022-04-26 15:05 | Report Abuse

Pay additional tax assessment 27m.

nono_hardi

226 posts

Posted by nono_hardi > 2022-04-27 12:49 | Report Abuse

<RM5.90>: Third support broke. It seems like going downtrend, but there is a feelilng of bounce back to RM6.20, then struggle between the price.

Posted by Hachi Hachi > 2022-04-28 09:29 | Report Abuse

Stabilised the 3rd support level first before rebound. Watching closely.

Posted by Hachi Hachi > 2022-04-29 19:51 | Report Abuse

Pick a few pmbtech.

Posted by HK_Wealth_Management > 2022-05-05 10:38 | Report Abuse

buy more, buy 3M also

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-05-05 16:11 | Report Abuse

commodity aluminium start drop

Posted by EastWestTalker > 2022-05-06 14:19 | Report Abuse

manage to get some on 5.4

Posted by investmalaysia618 > 2022-05-06 14:28 | Report Abuse

can buy some la this level

DannyArcher

1,258 posts

Posted by DannyArcher > 2022-05-06 17:23 | Report Abuse

Glove 2.0

meistsk3134

2,368 posts

Posted by meistsk3134 > 2022-05-07 09:07 | Report Abuse

aluminium raw price keep drop. careful

DannyArcher

1,258 posts

Posted by DannyArcher > 2022-05-07 10:42 | Report Abuse

the problem with a bull run is when the price goes up, so does the production. all aluminum miner and producer will ramp up their production, granted that it is not like glove where it is much easier to ramp up production, it will probably take 1 or 2 years to see production increase, and we are about there already.

we live in a capitalist world, where demand and supply will eventually even out. producer will produce too much aluminum in the future, just like glove, it is inevitable.

treasurehunt

1,809 posts

Posted by treasurehunt > 2022-05-07 19:20 | Report Abuse

Bye to commodity when Fed standing firmly in countering high inflation. Balance Sheet reduction and interest rate are powerful tool to bash down inflation.

thesteward

6,764 posts

Posted by thesteward > 2022-05-09 10:31 | Report Abuse

Nta only 48 sen i just realised

Posted by investmalaysia618 > 2022-05-09 10:41 | Report Abuse

this one cannot see nta one leh

Posted by HK_Wealth_Management > 2022-05-09 10:45 | Report Abuse

RM3 below, no surprise same as 2020 march

Posted by investmalaysia618 > 2022-05-09 11:17 | Report Abuse

2 weeks drop rm1.5. damn crazy

nicholas99

9,844 posts

Posted by nicholas99 > 2022-05-09 11:18 | Report Abuse

this is called falling dagger.

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