PRESS METAL ALUMINIUM HOLDINGS BERHAD

KLSE (MYR): PMETAL (8869)

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Last Price

5.34

Today's Change

-0.02 (0.37%)

Day's Change

5.30 - 5.38

Trading Volume

174,700


18 people like this.

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

pisangkuat

1,060 posts

Posted by pisangkuat > 2014-09-25 11:11 | Report Abuse

Its not oversold my fren...it just panic selling....they just simply limit dwn to correct realistic level...like what happen to pmbtech and dsonic....

turbo88

126 posts

Posted by turbo88 > 2014-09-25 11:12 | Report Abuse

today I do indian dance....caused I'm so happy that I need to sing along...like the actors in the movies..

Posted by Lollipot Anison > 2014-09-25 11:12 | Report Abuse

panic selling lo. time to pick up

pisangkuat

1,060 posts

Posted by pisangkuat > 2014-09-25 11:18 | Report Abuse

Dnt buy nw...let dust settle first..probably below 5.00

pisangkuat

1,060 posts

Posted by pisangkuat > 2014-09-25 11:20 | Report Abuse

I do lion dance plus drums and red cracker...

turbo88

126 posts

Posted by turbo88 > 2014-09-25 11:22 | Report Abuse

That's Satu Malaysia...strongbanana.!!! ..All we need now is some dangdut...

turbo88

126 posts

Posted by turbo88 > 2014-09-25 11:24 | Report Abuse

ok...I done all I can...bought all that I possibly could...I held it at 6.30...I'm spent....

CM88888

1 posts

Posted by CM88888 > 2014-09-25 11:26 | Report Abuse

just bot at 6.25

pisangkuat

1,060 posts

Posted by pisangkuat > 2014-09-25 11:27 | Report Abuse

Turbo mmg kuat....salute...

Leng928

45 posts

Posted by Leng928 > 2014-09-25 11:30 | Report Abuse

amazing turbo

Posted by Elvin Beh Chun Yen > 2014-09-25 11:30 | Report Abuse

what a bargain now :)

qwerty

977 posts

Posted by qwerty > 2014-09-25 11:42 | Report Abuse

P M E T A L - bullish zone seen between 6.00 to 6.35.
Any price breakdown below 6.00 is suicidal.

qwerty

977 posts

Posted by qwerty > 2014-09-25 11:43 | Report Abuse

I am still waiting for the dust to settle before making a move.

tony__kow

265 posts

Posted by tony__kow > 2014-09-25 11:44 | Report Abuse

done with contra...lets see what happen afternoon

Leng928

45 posts

Posted by Leng928 > 2014-09-25 11:55 | Report Abuse

will continue down? die hard..

David

3 posts

Posted by David > 2014-09-25 12:10 | Report Abuse

Lif rosak....turun macam rocket

jrjs

193 posts

Posted by jrjs > 2014-09-25 12:11 | Report Abuse

I'm dying. .don like tat lah pmetal...

pisangkuat

1,060 posts

Posted by pisangkuat > 2014-09-25 12:14 | Report Abuse

Turbo..mari dance cha cha....tango and pisang dance

jeannie

459 posts

Posted by jeannie > 2014-09-25 12:20 | Report Abuse

suda kena goreng and kena burn liow

happy123

213 posts

Posted by happy123 > 2014-09-25 12:20 | Report Abuse

today vol is higher than the usual days... need to monitor closely. hopefully is not pumped and dumped. this coy has good fundamental, does not have to be overly worried unless something happen internally which we're unaware of

ying501

38 posts

Posted by ying501 > 2014-09-25 12:27 | Report Abuse

this is what i worried, maybe internal is happened something which is we not aware. the volume is all small investor throw out.

jrjs

193 posts

Posted by jrjs > 2014-09-25 12:33 | Report Abuse

Why are this thing happened to blue chip stock??? Pmetal is really make people dying wat??

optimusprime

1,149 posts

Posted by optimusprime > 2014-09-25 12:37 | Report Abuse

OptimusM OptimusX Posted by laughdieme77 > Sep 11, 2014 10:34 PM | Report Abuse

classic peak pattern, will melt to 6.00 soon.
24/09/2014 12:49
wakakaka Wakakakaka...Optifortune teller warn about melt down last week but when up another 30 cts...wakakaka...laught me die...
24/09/2014 13:28

optimusprime

1,149 posts

Posted by optimusprime > 2014-09-25 12:37 | Report Abuse

u guys deserve it!! told u 2 weeks ago it will suddenly melt to 6.00

ying501

38 posts

Posted by ying501 > 2014-09-25 12:39 | Report Abuse

oh, is oledi over sold..if melt down RM6 then will over sold sold...break the negative chart..salute to pmetal - blue chip

ying501

38 posts

Posted by ying501 > 2014-09-25 12:58 | Report Abuse

cant see where is stopping line, and stop blead...bonus issue when to execute also dunno

rizerlee

752 posts

Posted by rizerlee > 2014-09-25 13:30 | Report Abuse

what is PMetal current PE?
some web page show this company having very high PE.

Any advice ?

Tripaka

2,933 posts

Posted by Tripaka > 2014-09-25 13:52 | Report Abuse

Habis. ...game over. Die....

Adrian123

36 posts

Posted by Adrian123 > 2014-09-25 14:04 | Report Abuse

Yes, PE ratio for PMetal is extremely high. You can easily calculate using Share Price / Earning Per Share

goInvest

1,292 posts

Posted by goInvest > 2014-09-25 14:12 | Report Abuse

I really no idea why PMetal drop so much Today? What happen actually? Can expert advise?

Adrian123

36 posts

Posted by Adrian123 > 2014-09-25 14:29 | Report Abuse

Buying PMetal = Buying Aluminium Commodity. PE is high but everyone still like the stock because people expect this commodity price to move higher due to reduce in inventory and anticipate Alu price will move towards US$2400. But recent few weeks...Alu price move in opposite direction due to strong US$ and China economy slowing down. http://www.lme.com/metals/non-ferrous/aluminium/

ying501

38 posts

Posted by ying501 > 2014-09-25 14:46 | Report Abuse

Oic...thanks Adrian123 for explanation. lesson learned with high tuition fees.

pisangkuat

1,060 posts

Posted by pisangkuat > 2014-09-25 14:49 | Report Abuse

P.metal wc, la lagi hai lat..those buy in wc...cry also no tear...

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2014-09-25 14:50 | Report Abuse

http://www.kitcometals.com/charts/aluminum_historical_large.html
If we were to look at this chart, the present aluminium price is equal to the price of 1st August, where PMetal price was around RM5.70.

pisangkuat

1,060 posts

Posted by pisangkuat > 2014-09-25 14:56 | Report Abuse

No need to see alu price lah...p.metal goes into price correction mode...is only ppl speculate and goreng till rm 7...u think with slight drop of price can effect so much? U think they dnt hedge their stock meh...? Thet are alu ingot producer....if like tht many oil & gas ctr already colapse like tht already lor everyday as tdy crude price is under usd 95...semua fundamental sin ka lan.

tony__kow

265 posts

Posted by tony__kow > 2014-09-25 15:05 | Report Abuse

semua fundamental sin ka lan...GOOD POINT

ying501

38 posts

Posted by ying501 > 2014-09-25 15:10 | Report Abuse

fundamental cannot trust..like going to casino n play with luck [sweat]

pisangkuat

1,060 posts

Posted by pisangkuat > 2014-09-25 15:24 | Report Abuse

If it hold at 6.30 tdy...it will be ok...if not 3rd day collapse tmr...until it correct till 5.70-5.80 region. Use p.metal- WC as a guideline...

ying501

38 posts

Posted by ying501 > 2014-09-25 15:31 | Report Abuse

p.metal-WC as guideline? P.metal-WC drop almost 44 cents...WC will stop at where?

pisangkuat

1,060 posts

Posted by pisangkuat > 2014-09-25 15:34 | Report Abuse

It will not drop below what has drop in wc of tht particulat trading day...only higher coz p.metal mother mah

Adrian123

36 posts

Posted by Adrian123 > 2014-09-25 15:56 | Report Abuse

Now fear has taken over fundamental. Let the dust settle first........

hoo_lt

22 posts

Posted by hoo_lt > 2014-09-25 15:57 | Report Abuse

@pisangkuat: huh? base on what kind of calculation factor? current price WC is already higher than mother share

ying501

38 posts

Posted by ying501 > 2014-09-25 16:07 | Report Abuse

WC price only 4.2 while mother 6.34.. still far gap. adrian123 yes now the fear take over fundamental..as drop like nobody biz..this scenario i thought only happened on penny stock..now happen on this blue chip.. :O

Adrian123

36 posts

Posted by Adrian123 > 2014-09-25 16:15 | Report Abuse

Yes, the question now is what does everyone believe in Alu price in coming wks/mths. Impending US Interest rate increase and stronger US$ is bad for Alu price or any other commodity. Or..if you think current reduction in Alu inventory will push Alu price further up..then it is a good stock to buy and keep.

Posted by Undefeated > 2014-09-25 16:31 | Report Abuse

US interest rate already announced will not shift for now. at least for a 9 months time, Aluminium commodity price fluctuate isn't that big to cause Press Metal to jump building like this. As a big boy in Aluminium industry, for sure Pmetal will have their hedging arrangements. USD fluctuation even insignificant to cause the immediate effect of share price. So, reason of the story exclude : USD, US i rate, Commodity price. my own opinion is the reason doesnt arise from the Company business itself, is the big boy playing around the shares. This situation exist before in Latitude Tree... But Pmetal fluctuation is far more dashyat den Latitude.

3930

27 posts

Posted by 3930 > 2014-09-25 16:31 | Report Abuse

in at 6.30 again

ying501

38 posts

Posted by ying501 > 2014-09-25 16:37 | Report Abuse

if WC also drop back to 1st aug pricing then will be 3.5 too...another 70 cents to go..not far..as itsself 1 day can drop nearly 50 cents..

shlyw

719 posts

Posted by shlyw > 2014-09-25 16:44 | Report Abuse

game over

pisangkuat

1,060 posts

Posted by pisangkuat > 2014-09-25 16:47 | Report Abuse

I say the drop price based on wc...

Tripaka

2,933 posts

Posted by Tripaka > 2014-09-25 17:59 | Report Abuse

6.

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