PRESS METAL ALUMINIUM HOLDINGS BERHAD

KLSE (MYR): PMETAL (8869)

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Last Price

5.20

Today's Change

-0.16 (2.99%)

Day's Change

5.19 - 5.37

Trading Volume

8,730,600


18 people like this.

15,865 comment(s). Last comment by telusdansuci 1 week ago

Posted by GrowthCapitalist > 2022-05-25 12:11 | Report Abuse

With EPS of next quarter of 4cents,surely back to RM6.

faridfet

481 posts

Posted by faridfet > 2022-05-25 14:03 | Report Abuse

Just wait the QR :)

Posted by investmalaysia618 > 2022-05-25 15:48 | Report Abuse

market is forward looking. coming qr market already price in unless got surprise. focus on interest rate now. expected interest to increase again. this company got lots of debts and this will eat into its margin

wikioon

196 posts

Posted by wikioon > 2022-05-26 09:55 | Report Abuse

all the simple minded thinking about debt directly correlated to interest rate increase. pls understand the company better, how many percentage of the debt are floating interest rate - press metal has already issued 2 times sukuk bonds worth over 3b, these are not affected. they raise capital for another 1b on share issues, these will be used to pare down ST debt. Net cash generation about 2b a year, can easily used to pare down ST debt. ST debt 2b, LT debt 4b. Do your research pls.

Posted by Investmalaysiaa > 2022-05-26 10:51 | Report Abuse

All the simple minded think after issue sukuk then that’s the end of the story. How long can they last without issuing new debts? They have high debts all the while. In future cost of borrowing is high which will eat into margin. Cash generated used to pare down debts? No need to expand anymore? How to increase revenue like that? Revenue stay the same but interest cost increase. Think further pls

wikioon

196 posts

Posted by wikioon > 2022-05-26 14:17 | Report Abuse

when you got found out as ignorant and twist the story. first you talk about interest, now chg story to expansion. so you are thinking of borrowing every year and expanding every year? -let debt balloon to the sky for sake of expansion is it. management makes sensible decision to expand when ROI is there, whether it be high or low interest rate. if ROI not there, then wait for right opportunity. btw expansion also depends on opportunity. for sake of revenue just random expand at no profit margin?

you ask cash generated used to pare down debt? so, ask already no answer? cash generated dont pare down debt use for expansion, then why still need to borrow debt? what nonsense. 2B cash generation a year, two years able to pare down debt/reserve for expansion. Yeah I'm thinking far and thinking like as a business. be a smart investor guys, talk something FACTUAL. lucky you do investment, not do business.

kewking

43 posts

Posted by kewking > 2022-05-26 14:33 | Report Abuse

share price will clear everything!

Posted by investmalaysia618 > 2022-05-26 17:37 | Report Abuse

no need for me to argue with you. just like what happened to the glovers. i've talking bad on the sector since beginning of last year. but they will have their so called theory to support. share price will tell everything

kewking

43 posts

Posted by kewking > 2022-05-26 20:35 | Report Abuse

Don't compare pmetal with glove sector, really! Thanks

thesteward

6,769 posts

Posted by thesteward > 2022-05-27 09:25 | Report Abuse

Result could be very good but after looking at what happened to MSC price after good result shiver. Hope you all earn big pmetal. Going forward need to be mindful Of borrowing material n labour cost

Posted by investmalaysia618 > 2022-05-27 11:37 | Report Abuse

better pray hard they can earn double of last quarter profit. if slightly below last qr, then plunge. look at misc

Posted by investmalaysia618 > 2022-05-27 11:38 | Report Abuse

and genp

kewking

43 posts

Posted by kewking > 2022-05-27 11:57 | Report Abuse

Good trade today, cheer!

Posted by GrowthCapitalist > 2022-05-27 12:12 | Report Abuse

Honestly, i dont really care about the pattern or so whatever. As said, for this counter the debt is high yet the revenue is good as well. China got lockdown just recently not during the Jan to March period. So i assume the earning is positive and this counter would keep going up slowly.

For me one day 1% is good enough! I don't like roller coaster counter!

Posted by GrowthCapitalist > 2022-05-27 12:13 | Report Abuse

Genp is like ripple effect though! Once the Genting earning is bad throughout the quarter high possibility would be negative as well!

Posted by GrowthCapitalist > 2022-05-27 12:16 | Report Abuse

The company sold forward 60% of its production at US$2,300 to US$2,400, even though spot prices were above US$3,000 early this year. The remaining 40% were sold at spot prices.

“I’m not really concerned about the price, unless it goes down to below US$2,000. Bear in mind that before Covid-19, the average price was less than US$2,000. Definitely aluminium players are still making good money,” he adds.

Press Metal is the largest integrated aluminium producer in Southeast Asia. It has a smelting capacity of 1.08 million tonnes and an extrusion capacity of 210,000 tonnes per annum.

Since surging past US$3,800 a tonne in March this year — the highest in more than 13 years — aluminium prices have retreated 30% to a five-month low of US$2,700 a tonne.

The surging is during the March period but next quarter would be impacted if China is still lockdown till end of next month!

Posted by GrowthCapitalist > 2022-05-27 12:23 | Report Abuse

Aluminium stocks in LME-registered warehouses have fallen to the lowest level since 2007 at 767,700 tonnes, down from almost 2 million tonnes last March. In fact the LME price surge as much $3000 per tonne.

So this quarter should be good la! Anyway, the only counter that is recovering in my portfolio the rest hangus liao!

Bursa is not a long term investing anymore as those years before 5 years.

Posted by investmalaysia618 > 2022-05-27 14:21 | Report Abuse

market sentiment not good ma. bear market wor

Posted by Investmalaysiaa > 2022-05-28 13:58 | Report Abuse

Pmb tech qr drop 50% qoq. Good luck

wikioon

196 posts

Posted by wikioon > 2022-05-28 18:33 | Report Abuse

It’s not arguments when making incorrect statements. Opinions on counter up down up to you to justify with yr facts. As long as it’s the right facts. Wrong facts but still want to argue right is ignorance.

Posted by LongTermInvestor8 > 2022-05-29 15:28 | Report Abuse

Anyone any idea what is the contract duration for Bakun Hydro to supply elec to Pmetal at a low price? If there is any...

faridfet

481 posts

Posted by faridfet > 2022-05-30 16:06 | Report Abuse

Agree with @wikioon

faridfet

481 posts

Posted by faridfet > 2022-05-30 17:34 | Report Abuse

Congratulation and celebration

ABSBOSS

904 posts

Posted by ABSBOSS > 2022-05-30 18:26 | Report Abuse

nasib baik masih simpan c70...

kewking

43 posts

Posted by kewking > 2022-05-30 18:57 | Report Abuse

Fantastic qr! Cheers pmetal!

faridfet

481 posts

Posted by faridfet > 2022-05-30 19:00 | Report Abuse


KUALA LUMPUR: Press Metal Aluminium Holdings Bhd, the largest aluminium smelter and a prominent aluminium extruder in Southeast Asia, reported that its net profit for the first quarter ended March 31, 2022 (Q1 2022), jumped to RM421.02 million from RM205.72 million in Q1 2021.

Its revenue for the quarter under review rose 86.6 per cent to RM3.92 billion from RM2.1 billion previously, the company said in a filing with Bursa Malaysia today.

QoQ Up, YoY Up

Huat Ah, Huat Chai

Posted by GrowthCapitalist > 2022-05-30 19:07 | Report Abuse

Nice as expected regards to China Lockdown.

. This could swiftly reverse when the Chinese economy switches back on gear with the
eventual easing of lockdowns coupled with its USD2.3 trillion infrastructure plan to spur the
economy

ABSBOSS --> Buy more c70 it will shoot up! BUY BUY BUY and keep!

Hopefully, momentum will regain soon!

ABSBOSS

904 posts

Posted by ABSBOSS > 2022-05-30 22:33 | Report Abuse

@growthcap roger2 ..tomolo try to buy at 5 cents

thesteward

6,769 posts

Posted by thesteward > 2022-05-31 10:13 | Report Abuse

Will next q result be as good i wonder

thesteward

6,769 posts

Posted by thesteward > 2022-05-31 10:16 | Report Abuse

With rising production and interest cost….

DannyArcher

1,258 posts

Posted by DannyArcher > 2022-05-31 13:20 | Report Abuse

Good result but drop? Why? Like glove?

madx74

27 posts

Posted by madx74 > 2022-05-31 14:46 | Report Abuse

Likely to be divided into 10 unit per share to light it up, which means will 0.54 sen +- in the future. PMBTech as well.

Posted by GrowthCapitalist > 2022-05-31 15:02 | Report Abuse

For the past 3 days, morning drop and later evening pick up again. Trust me it would be back to normalized value!

Volume profile --> Apr -Jun 21 / Nov -dec 21 / mid aprl - may --> consider safe to buy with accumulation

Below than this it's jackpot.

Posted by GrowthCapitalist > 2022-05-31 15:06 | Report Abuse

madx74, where do you get the info on the share split?

wikioon

196 posts

Posted by wikioon > 2022-05-31 17:09 | Report Abuse

talk nonsense this madx74

Posted by GrowthCapitalist > 2022-05-31 19:32 | Report Abuse

Tomorrow going to be huat day! Trust my words!

James Ng

2,681 posts

Posted by James Ng > 2022-05-31 22:04 | Report Abuse

https://klse.i3investor.com/blogs/general/2022-05-31-story-h1624141794.jsp
[转贴] [Video:浅谈PRESS METAL ALUMINIUM HOLDINGS BERHAD, PMETAL, 8869] - James的股票投资James Share Investing

Posted by NoobRookie > 2022-06-01 18:01 | Report Abuse

Hmm

Posted by NoobRookie > 2022-06-01 18:02 | Report Abuse

Got Good news but price down
.why?

madx74

27 posts

Posted by madx74 > 2022-06-02 10:25 | Report Abuse

Per unit price is too heavy for locals to brave in and participate. This needs to lighten up by 10 per unit division. You'll see better rise if this is truly happening but until then, the price drop is inevitable...

Posted by GrowthCapitalist > 2022-06-03 11:34 | Report Abuse

Madx74 do you check the Aluminum price? And wanted to know your view

wikioon

196 posts

Posted by wikioon > 2022-06-03 11:44 | Report Abuse

per unit price is rm5 x 100 units = rm500. whats so heavy. *facepalm* this isnt your nestle, or carlsberg stock ok.

Posted by GrowthCapitalist > 2022-06-03 12:20 | Report Abuse

Let him speak more and give more insight, wanna hear his words more!

Posted by investmalaysia618 > 2022-06-03 16:19 | Report Abuse

Elon Musk have a super bad feeling on the economy. and will cut 10% of workforce. Mana ada demand ni. it will slowdown

Posted by GrowthCapitalist > 2022-06-05 22:44 | Report Abuse

Investmalaysia618, how does Elon Musk statement would affect this company, Mind to share? Does the cut of 10% workforce working in PMetal is it?

Posted by Investmalaysiaa > 2022-06-06 10:36 | Report Abuse

Indirectly. Not directly

Posted by GrowthCapitalist > 2022-06-06 10:58 | Report Abuse

Haha, Investmalaysia, you got 2 account leh! =-="

Btw, indirectly as what, which part of factor influence PMetal company? Just wanted to know more specifically?

Posted by Investmalaysiaa > 2022-06-06 11:22 | Report Abuse

More than 2 accounts. That time keep on kena report by glovers.

Since it cut back 10% workforce. Meaning less demand for the cars and less demand for aluminium. Not directly affect Pmetal. But we can know the environment.

Posted by GrowthCapitalist > 2022-06-06 13:11 | Report Abuse

Investmalaysia,

Does PMetal ever mentioned that they are contributing their end product to EV? If, Yes, How many percentage of the segment that Aluminum from PMETAL contribute to EV?

You insight is very much appreciated.

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