Posted by joel > 2014-09-12 11:42 | Report Abuse

I sold all my 7 lots already today.

Maybe will back back if reach below rm6.80 next week.

Posted by turbo88 > 2014-09-12 11:59 | Report Abuse

ye of little fatih....U guys disappoint our master sensei, 360Cap lar....

Posted by 360Capitalist > 2014-09-12 12:02 | Report Abuse

no problem.. 7000 shares only.. no impact

Posted by CCV2013 > 2014-09-12 12:20 | Report Abuse

I think it time to collect PMetal with all your saving now!!!

Posted by 5858 > 2014-09-12 12:33 | Report Abuse

buy now........

Posted by jrjs > 2014-09-12 12:39 | Report Abuse

Nxt week down again? Aiyooo until wat price???

Posted by Dunknow > 2014-09-12 13:47 | Report Abuse

qwerty...how good it would be? :D

Posted by happy123 > 2014-09-12 13:56 | Report Abuse

Dont worry. I m still holding on to my 100k shares bought 5 yrs ago. I set my target at 6.50 after sold some earlier, however some reliable source told me that they couldn't produce enough to meet all demands for the last few months and some customers are paying premium to get what they want. I have revise up my target to above 8.00 now

Correction is normal.... especially for this one which has been running

Posted by undertaker > 2014-09-12 14:28 | Report Abuse

Today, Its was a good chance for me to accumulate ... As long as the fundamental remain unchange & the Aluminium price above Usd 1950, my Target to accumulate till 20k shares! Lets wait before today closing...

Posted by 360Capitalist > 2014-09-12 14:38 | Report Abuse

Time to buy now at 7.05 .. Trend reversal as breakout of down trend line.. Reversal soon once break RM7.07

Posted by CCV2013 > 2014-09-12 14:40 | Report Abuse

qwerty: G1 :)

Posted by 8wpwtmt8 > 2014-09-12 14:46 | Report Abuse

http://www.kitcometals.com/charts/aluminum_historical_large.html
Aluminium price also recovering. Please see for yourself.

Posted by 360Capitalist > 2014-09-12 14:49 | Report Abuse

7,12

Posted by turbo88 > 2014-09-12 15:28 | Report Abuse

not just morning star...it's a SUPER star !!!...

Posted by CCV2013 > 2014-09-12 16:31 | Report Abuse

very solid support now!

Posted by 8wpwtmt8 > 2014-09-12 16:37 | Report Abuse

Yes, closing probably between 7.09 and 7.10.

Posted by CCV2013 > 2014-09-12 16:41 | Report Abuse

Thanks all the Masters... and we will prevail and survive!!!

Posted by joel > 2014-09-12 16:59 | Report Abuse

其实我很不适得今天放弃PRESS METAL。

Posted by 8wpwtmt8 > 2014-09-12 17:06 | Report Abuse

Miss you, Joel.

Posted by Beginner1989 > 2014-09-12 17:40 | Report Abuse

Joel. you have earn 13k-14k+ already... don't need bu she de..

Posted by 8wpwtmt8 > 2014-09-12 21:01 | Report Abuse

"I heard the Bonus issue submission to Bursa by early next week include free warrant for mother share holders."

Dear Mr 360Capitalist, if it is true that the 1 to 1 bonus issue come with the free warrant, how would the price adjustment be after the ex-date?

Posted by joel > 2014-09-12 21:30 | Report Abuse

可能我们会在别的COUNTER FORUM 见面。

Posted by joel > 2014-09-12 21:34 | Report Abuse

今天关市前，我上了Umwog 的船。

Posted by 360Capitalist > 2014-09-13 00:36 | Report Abuse

8wpwtmt8... don't worry too much. We just have to wait for the good news to be announce next week... when price adjustment coming the share price is at least 50% higher than current level,,

Posted by undertaker > 2014-09-13 00:38 | Report Abuse

Joel, wish u good luck! Btw, will so excited if the Bonus issue come with free warrant is true! Superb!... Hold tight till end of this yrs before the entittlement sure u will make big profit!

Posted by shlyw > 2014-09-13 14:23 | Report Abuse

game over

Posted by 360capitalist > 2014-09-13 18:27 | Report Abuse

The Next Biggest Theme In Commodity Play : Booming Aluminium Era

As the major auto manufacturers move into high-volume aluminium cars and the aluminium producers increase their output of high-performing alloys to cater to them, 2014 will mark the beginning of a dramatic growth in aluminium usage in automotives that will certainly come at the expense of steel.
....................................................................................................................................................
STEEL VS ALUMINIUM: Automotive Aluminium – The Start of An Era
April 17, 2014 - 13:20 GMT ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

Ford is making its 2015 model F-150 pickup truck not with a steel body, but with one made from aluminium - a move that has massive implications for the metal's usage.

It was news that will have passed many people by, but for anyone with a stake in the aluminium industry it was a huge, market-changing, earth-shattering development: Ford is making its 2015 model F-150 pickup truck not with a steel body, but with one made from aluminium.

It is not the first aluminium-intensive vehicle to reach the market. The light-weighting benefits of aluminium have already been showcased in cars such as the Audi A8, with its aluminium frame, and the Jaguar XJ, built with an aluminium sheet-intensive monocoque body.

But the Audi A8 is a luxury sedan car of which only about 12,000 were sold last year in Europe and the USA. The XJ is another luxury vehicle, with less than 8,000 units sold in those markets last year.

The Ford F-150, on the other hand, has been the highest selling car of any kind in the US market for the past 32 years. Ford's F-series pickup trucks sold more than 760,000 units in 2013.

"The real revolutionary change that's happening is that aluminium is now moving into high-volume cars," Alcoa ceo Klaus Kleinfeld said in a recent interview at the Yale school of management. "It's been an accepted, well-working solution for high-end cars for a while. But what we're seeing now is a broad-based transformation from steel to aluminium [in the autos industry]."

Aluminium producers are now predicting that aluminium's usage in autos will double in just a few years - and it's not just the producers.

"Their numbers are accurate - aluminium sales will more than double in the auto industry over the next few years," industry consultant Mark Bodner said. "Steel cannot catch up with the pace of substitution."

But why now? Aluminium producers have been extolling its light-weight, ultra-recyclable, no-rust virtues for decades, and yet steel has maintained dominance in car manufacturing.

Kleinfeld pointed to regulations governing fuel consumption levels, as well as rising fuel prices changing attitudes towards more fuel-efficient cars within each class of vehicle.

Aluminium-intensive vehicles cost more to produce than steel cars, but are cheaper to run because of their greater fuel-efficiency, thanks to their lighter weight. As fuel prices rise, the benefits of aluminium come into sharper focus.

"More than 80% of consumers are now willing to pay up for a more fuel-efficient car," Kleinfeld said. "[A consumer] wants, in the segment of large pickup trucks, the most fuel-efficient pickup truck. That's what's changing."

But there is a third reason - the development of new aluminium technologies that raise the performance of the metal against steel in areas other than its main strength of light-weighting.

Innovation in alloys
The growth of pure downstream aluminium producers such as Novelis and Sapa has led to a spate of alloying innovation, as companies seek to position themselves as solution providers to their customers.

"These downstream companies diversified their suppliers, and research and development was focused on products, not processes, and customer service improved dramatically," Constellium ceo Pierre Vareille said at a recent Metal Bulletin conference on aluminium alloys and their applications.

"All large, downstream companies, whether integrated or not, are now developing their own proprietary alloys," Veraille added. "These developments are triggered by customer demand. Co-operation with customers is the key to developing new alloys."

In the past, aluminium in cars has been mostly confined to cast parts and extrusions, and mainly toward the high end of the autos spectrum. The emergence of new aluminium sheet alloys is now translating to growth in car body panels t

Posted by 360capitalist > 2014-09-13 18:30 | Report Abuse

Aluminium prices take wing The aluminium industry, which is ‘entering an era of metal deficit’, will see an uptrend in prices (Sept 7, 2014)

Read more at: http://www.livemint.com/Money/VVgLsaXd7jzGoIjrCcXQhL/Aluminium-prices-take-wing.html?utm_source=copy

Posted by booking > 2014-09-13 19:09 |

Post removed.Why?

Posted by 8wpwtmt8 > 2014-09-13 19:25 | Report Abuse

From Mr Querty: PMetal down for 2 days because it is overheated. The MACD is too high, thus the price must retreat to bring it down. However I expect to see it trending sideways for the next 1 - 2 weeks before it can resume its uptrend.

Posted by Dunknow > 2014-09-13 22:00 | Report Abuse

Just wondering why qwerty removed all his comments?

Posted by Dunknow > 2014-09-13 22:00 | Report Abuse

The morning star comment? And etc?

Posted by 8wpwtmt8 > 2014-09-13 22:11 | Report Abuse

Just hope that the Federal Reserve will delay the US interest rate hike to June 2015 and not March 2015. If not the US dollar will keep on going up and commodities prices will keep on falling.

Posted by 8wpwtmt8 > 2014-09-13 22:14 | Report Abuse

http://www.lme.com/metals/non-ferrous/aluminium/#tab2
Just a slight upward U turn from US$2002 to US$2008 per metric tonne.

Posted by 8wpwtmt8 > 2014-09-13 22:18 | Report Abuse

We need you badly here Mr Querty during this difficult time of uncertainties. Please come back to guide us with your chart interpretation. Anyway we can find him in LBALUM forum.

Posted by chilid > 2014-09-14 00:43 |

Post removed.Why?

Posted by 360capitalist > 2014-09-14 04:17 | Report Abuse

Chilid, This forum is for PMetal only,,,

Posted by billionhair > 2014-09-14 10:53 | Report Abuse

Chilid spam every forums

Posted by Dunknow > 2014-09-14 14:31 | Report Abuse

360capitalist...may I know what will you see on monday? Continue drop and accumulate?

Posted by Joel > 2014-09-14 18:17 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1708333

BRO SIS,

PMETAL@ 5cent dividend pay ( 派息日）is that on 12 .09.2014 ?

Posted by camper > 2014-09-14 22:44 |

Post removed.Why?

Posted by 360capitalist > 2014-09-15 08:54 | Report Abuse

Good news ...
Unconfirmed news : Bonus Issue with free warrant submission will be done today or ... in order to meet Q4 dateline...

After announcement, the next trading day the share will Jump and Gap Up.. and people will have to chase up the stock..

Posted by jrjs > 2014-09-15 10:13 | Report Abuse

any news update?

Posted by hoo_lt > 2014-09-15 10:35 | Report Abuse

think going to announce dy..

Posted by hoo_lt > 2014-09-15 10:55 | Report Abuse

Joel. Yes, that is why it price drop on that day.

Posted by Beginner1989 > 2014-09-15 11:20 | Report Abuse

If announce price will go up?

Posted by jrjs > 2014-09-15 11:32 | Report Abuse

according to 360capitalist, the price shud go up in order to meet Q4...waiting for it! yuuuhoo...coming soon now I think...

Posted by 360capitalist > 2014-09-15 11:33 | Report Abuse

Good news,, Real-time chart show good formation of support at RM7.08 and Buy signal at RM7.11..
This afternoon should move higher.. Time to Re-enter now for those who have sold recently..

Note :
Even KLCI performed badly this morning.. down 18 points, Pmetalstill able to hold its ground steadily

Posted by jrjs > 2014-09-15 11:57 | Report Abuse

thank you 360capitalist for this good news infor..i think i can see tat....up..up..

Posted by undertaker > 2014-09-15 12:58 | Report Abuse

If u really understand the value & the future stronger growth of Pmetal, u wont sell it at all now. Any correction price is the best chance to accumulate, unless u r the speculator... Think twice if u really wanna sell now. My suggestion is to be patient n hold till the Ex date of Bonus entittlement date... Then u may see the big different! Good Luck & Cheers...