PRESS METAL ALUMINIUM HOLDINGS BERHAD

KLSE (MYR): PMETAL (8869)

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Last Price

5.33

Today's Change

-0.03 (0.56%)

Day's Change

5.30 - 5.38

Trading Volume

215,000


18 people like this.

15,895 comment(s). Last comment by Augustine 1 week ago

jrjs

193 posts

Posted by jrjs > 2014-09-18 09:08 | Report Abuse

7.31 now....

jrjs

193 posts

Posted by jrjs > 2014-09-18 09:36 | Report Abuse

Beginner1989 ..i don think it will fall again, this is the best time you go in...that what i feel lah...

Posted by Beginner1989 > 2014-09-18 09:58 | Report Abuse

jrjs u bought how many?

jrjs

193 posts

Posted by jrjs > 2014-09-18 11:53 | Report Abuse

today seems it very slow..not much buyer n seller ....

Posted by 360capitalist > 2014-09-18 12:11 | Report Abuse

With the expected announcement of Bonus Issue coming soon, is good to accumulate at this level.. Target price before end of this month.. RM8.00

Posted by 360capitalist > 2014-09-18 12:25 | Report Abuse

Another trend reversal soon.. as the stock holding well at RM7.25.. breakout soon from downtrendline.. slowly accumulate now at RM7.25/7.26...

jrjs

193 posts

Posted by jrjs > 2014-09-18 14:44 | Report Abuse

expected up again by this afternoon and tomorrow..

sarawakian

292 posts

Posted by sarawakian > 2014-09-18 16:04 | Report Abuse

@jrjs not quite understand on the implication of conversion from warrant to share. can u enlighten?

jrjs

193 posts

Posted by jrjs > 2014-09-18 16:31 | Report Abuse

TQ qwerty for the explanation of conversion from warrant to sarawakian... so qwerty, what is ur prediction for tommorow rate? mind to share?

Vaylens Chong

1,120 posts

Posted by Vaylens Chong > 2014-09-18 16:55 | Report Abuse

@qwerty, PMetal or WC which is better?

Posted by Beginner1989 > 2014-09-18 17:10 | Report Abuse

GOOD!! that's what i am waiting for!!! push further down!!! 7.00.. ALL IN TIME!!!

Posted by 360capitalist > 2014-09-18 17:13 | Report Abuse

Hi Begineer.. Tomorrow jump start and your journey of day dream continue..

Vaylens Chong

1,120 posts

Posted by Vaylens Chong > 2014-09-18 17:17 | Report Abuse

@qwerty, thanks for info.

AbbyLOO

222 posts

Posted by AbbyLOO > 2014-09-18 17:36 | Report Abuse

hi qwerty... just to clarify further, for those who bot at disc price for wc, one shd convert after the annoucement is made for mother? in the long run, definately, holding the mother has more advantage. question is when to convert.
TQ in adv

Posted by Beginner1989 > 2014-09-18 17:59 | Report Abuse

360 anything is possible in the stock market!

jrjs

193 posts

Posted by jrjs > 2014-09-19 08:27 | Report Abuse

Bonus issues news coming

Abudance

2,211 posts

Posted by Abudance > 2014-09-19 08:32 | Report Abuse

Aluminum price dropping .. So be careful. May go lower than rm7.00.

Posted by 360capitalist > 2014-09-19 08:46 | Report Abuse

I will jump in and buy at RM7,20 to 7.30 level with bonus issue play and good market sentiments.

Aluminium 3 month price still at USD2005.. spot rate around USD1996 with aluminium premium all in still at USD 2300 which is higher than Q2 at USD2168 (with net profit of RM60mil or Net profit margin at 6,1%).

For Q3, With USD2300.. PMetal should achieve net profit of RM120mil or net profit margin of 13% which is double Q2 profit. This is higher than analyst prediction of net profit at RM80mil to RM90mil level. Thus provide catalyst for further upgrade target price.

jrjs

193 posts

Posted by jrjs > 2014-09-19 09:06 | Report Abuse

360capitalist, do u think it will fall that much today? as per abudance statement as per above.

Posted by 360capitalist > 2014-09-19 09:13 | Report Abuse

It will go up from now... I don't see further pull back from this level. This is my personal view and it should not form any basis for you to make investment decision.

jrjs

193 posts

Posted by jrjs > 2014-09-19 09:18 | Report Abuse

ok tq 360capitalist...same as what I think today...Pmetal is always the best..

jrjs

193 posts

Posted by jrjs > 2014-09-19 09:32 | Report Abuse

the KLCI also in Green rite now...

jrjs

193 posts

Posted by jrjs > 2014-09-19 09:38 | Report Abuse

why qwerty? what do u think that way? mind to share?

Posted by Ravin Cheema > 2014-09-19 09:47 | Report Abuse

what's happening next wednesday?

AbbyLOO

222 posts

Posted by AbbyLOO > 2014-09-19 10:51 | Report Abuse

Any... can pls enlighten ? .... for those who bot at disc price for wc (4.xx), when shd one convert? after the annoucement is made for mother (bonus 1:1) ? definately, holding the mother has more advantages in the long run,. question is when to convert. TIA

Abudance

2,211 posts

Posted by Abudance > 2014-09-19 11:37 | Report Abuse

To clarify .. Was going up due to bonus announcement and price of slum was all time high. However pieces now I'd you go to kitco.com you find that alum price is dropping.
That's why people are also taking profit. Never wrong to take profit first. Earn less better than lose more. Don't u think?

Joel

4,580 posts

Posted by Joel > 2014-09-19 12:02 | Report Abuse

虽然我已经卖了PMETAL,可是我一直也有留意着它!

AbbyLOO

222 posts

Posted by AbbyLOO > 2014-09-19 12:06 | Report Abuse

yes, worth keeping Pmetal for long term.. however, the WC conversion to mother... when is a good time? convert to mother and keep mid/longer term for the bonus 1:1 issue :) pls advise

hoo_lt

22 posts

Posted by hoo_lt > 2014-09-19 12:20 | Report Abuse

current WC price convert to mother is not worth lar...mother share is lower than WC price after convert. WC already over "goreng"

AbbyLOO

222 posts

Posted by AbbyLOO > 2014-09-19 12:29 | Report Abuse

Hoo_It. I bot wc at 4.xx. Just wonder when is good time to convert only.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-09-19 15:07 | Report Abuse

I agree with Mr Abundance. What is the logic that PMETAL can maintain its price but the aluminium price chart keeps on dropping EVERYDAY? Anyway I bought long time ago at 6.16. So less worry. I will keep till ex-bonus day.

jrjs

193 posts

Posted by jrjs > 2014-09-19 16:01 | Report Abuse

Yes, I believe in qwerty and 360capitalist analyst ...surely by nxt week the price sure go more higher...

CCV2013

121 posts

Posted by CCV2013 > 2014-09-19 16:22 | Report Abuse

qwerty: what are the stuff that we must be alert from now?

jrjs

193 posts

Posted by jrjs > 2014-09-19 16:23 | Report Abuse

qwerty, the lowest price just now is at 7.17 ..n suddenly move to 7.25.. still got big fish waiting down there...

jrjs

193 posts

Posted by jrjs > 2014-09-19 16:28 | Report Abuse

hahhaa...ok2 qwerty....just joke! (now in serious mode) ....please continue ur analyst..

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-09-19 16:58 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1743321
Finally, the bonus issues application has already been submitted to Bursa Malaysia.

Vaylens Chong

1,120 posts

Posted by Vaylens Chong > 2014-09-19 17:04 | Report Abuse

@qwerty, may I know what is constructive trading pattern?

jrjs

193 posts

Posted by jrjs > 2014-09-19 17:05 | Report Abuse

Have a nice weekend everyone!

AbbyLOO

222 posts

Posted by AbbyLOO > 2014-09-19 17:07 | Report Abuse

thanks for the insight, qwerty

Posted by 360capitalist > 2014-09-19 17:23 | Report Abuse

Bro.. yesterday closed at RM7.18 .. today closed at RM7.26
Please don't confused our members

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-09-20 21:43 | Report Abuse

http://www.x-rates.com/graph/?from=USD&to=MYR&amount=1
Another important graph we have to see now. (The rally of US Dollar)
The more the US Dollar rallies, the more danger to commodities prices.

adrian123

36 posts

Posted by adrian123 > 2014-09-21 11:44 | Report Abuse

That's why this stock is not for those weak heart. You will not sleep well n eat well as commodity price move up n down in short period of time. Trade with care ! Good Luck !

Posted by 360capitalist > 2014-09-22 09:17 | Report Abuse

Bro Qwerty.. deleted all his posting ...

Posted by 360capitalist > 2014-09-22 09:23 | Report Abuse

If USD strong.. good for export oriented company like PMetal as majority of sales denominated at USD hence boosted the bottomline.

jrjs

193 posts

Posted by jrjs > 2014-09-22 09:48 | Report Abuse

why is he deleting his posting? 360capitalist, any new infor to share with us?

Posted by 360capitalist > 2014-09-22 10:04 | Report Abuse

I don't know why Bro Qwerty deleted his posting..
For PMetal, it is poised to heading higher soon based on technical chart reading.
You should see major leap and jump within this week.

I believe few GOOD NEWS is on the way.

Happy Trading

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