PRESS METAL ALUMINIUM HOLDINGS BERHAD

KLSE (MYR): PMETAL (8869)

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Last Price

5.36

Today's Change

+0.06 (1.13%)

Day's Change

5.26 - 5.36

Trading Volume

6,389,400


18 people like this.

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

rchi

20,923 posts

Posted by rchi > 2014-10-29 11:36 | Report Abuse

turbo88,i have to leave early here,but i will still join you at d celebration,good luck.

wkkht

957 posts

Posted by wkkht > 2014-10-29 14:54 | Report Abuse

10-11-2014 红股计划完成之前股价可能超过RM8.00

turbo88

126 posts

Posted by turbo88 > 2014-10-29 15:09 | Report Abuse

no worries rchi...have reserved the best seat for u...

ppginvest

1,591 posts

Posted by ppginvest > 2014-10-29 15:55 | Report Abuse

Kenanga Technical Watch
http://www.kenwealth.com/upload/market_news/1414488040Kenanga_Today_-_28_OCT_2014_(Part_1_of_1).zip

Highlights / Stock Picks of the Day
Press Metal Berhad (PMETAL) – Trading Buy
Aluminimun smelter PMETAL has gained much market interest on the back of stronger
earnings prospect ahead of better aluminium market fundamentals. At the end of
yesterday, its share price closed at RM6.08 on higher trading volume. Since early Sept,
its share price has been on a downtrend until a breakout from the +2 s.d. downtrend
regression line at RM5.87 yesterday, signaling revival of bullishness in the stock. In
addition to that, the MACD has also staged a positive crossover of the Signal line with
momentum indicators showing positive readings. On the back of the bullish bias, we are
placing a ‘Trading Buy’ call on this stock with the expectation that the share price could
possibly retest its previous high of RM7.45 with a potential upside of 22.5%. Meanwhile,
a strict stop-loss is placed 3 bids below the RM5.60 (S1) level at RM5.57.
Outlook Bullish
Key Resistance level RM6.22 (R1) RM7.45(R2) RM8.68 (R3)
Key Support level RM5.60 (S1) RM5.34 (S2) RM4.85 (S3)
Strategy Trading Buy Current Price RM6.08

ppginvest

1,591 posts

Posted by ppginvest > 2014-10-29 15:57 | Report Abuse

Metal Bulletin is a paid subscription service so please share this content using the link below. By copying and pasting you might be in breach of our copyright, please refer to our T&Cs. Email subs@metalbulletin.com for distribution rights. http://www.metalbulletin.com/Article/3394653/CLOSE-TO-CLOSE-Aluminium-prices-run-into-resistance-at-2000.html#ixzz3HWDQAbDs
Follow us: @metalbulletin on Twitter

CLOSE TO CLOSE: Aluminium prices run into resistance at $2,000
October 28, 2014 - 18:35 GMT Location: London

KEYWORDS: Aluminium prices , copper prices , tin , aluminium exports , mine strikes

Aluminium prices failed to break above the $2,000-per-tonne level at the end of trading on the London Metal Exchange on Tuesday October 27, but still posted gains on a close-to-close basis.

The three-month contract closed at $1,996 per tonne, up from $1,983 per tonne at the bell on Monday, below an intraday high of $2,004 touched briefly earlier in the day. Investors made another approach on $2,000 moments before the close of trading, but selling resistance at the psychological target level proved overpowering on Tuesday. Aluminium prices and premiums have enjoyed strong support in recent...

ppginvest

1,591 posts

Posted by ppginvest > 2014-10-29 16:04 | Report Abuse

I believe what hengeh said, PMETAL must pass through RM6.32 strongly before moving to RM7.00. This morning reached 6.34 and came down. Second try is making now.

Let's see if this will happen today and we all sailing to RM7 soon.

ppginvest

1,591 posts

Posted by ppginvest > 2014-10-29 16:49 | Report Abuse

6.40 wow... very nice today, well performed (AS USUAL). Go PMETAL.... keep running

pisangkuat

1,060 posts

Posted by pisangkuat > 2014-10-29 17:01 | Report Abuse

Ppg..why our lb still stuck in the shit hole? Still aluminium what....somemore biggest aluminium intrusion maker and smelter...apa mcm?

ppginvest

1,591 posts

Posted by ppginvest > 2014-10-29 17:51 | Report Abuse

hi pisangkuat bro, LB akan datang, we have waited for sometime already since we entered at wrong timing, so need more patience. Once after it's AGM, later start SBB, hope to see the power.
By the way LB is not doing smelter.

There are ways to overcome if we started losing patience. Example I came to PMETAL on right timing (thanks to the earlier correction), now gets some balancing here when thinking abt LB, so far pretty good.

It's up to individual characters as well, hope we all learning and train our patience/careful when doing initial trading/investment into a new counter.

maxlim

322 posts

Posted by maxlim > 2014-10-30 06:55 | Report Abuse

Fed end QE

traderman

7,854 posts

Posted by traderman > 2014-10-30 09:24 | Report Abuse

boh rasa

MZD8168

36 posts

Posted by MZD8168 > 2014-10-30 09:32 | Report Abuse

Huat rrrrrr gogogogo

hengeh

22 posts

Posted by hengeh > 2014-10-30 09:36 | Report Abuse

7.00 Akan datang.............

hengeh

22 posts

Posted by hengeh > 2014-10-30 09:40 | Report Abuse

Hopefully we may see 8.00 on ex day.

traderman

7,854 posts

Posted by traderman > 2014-10-30 09:41 | Report Abuse

with the bonus issue 1:1 next week, i doubt the operator will ever give this counter a chance of red ... so no people can buy cheap ...

88et88

266 posts

Posted by 88et88 > 2014-10-30 09:55 | Report Abuse

What is the ex date for bonus issue?

hengeh

22 posts

Posted by hengeh > 2014-10-30 09:56 | Report Abuse

Nov. 6

88et88

266 posts

Posted by 88et88 > 2014-10-30 09:59 | Report Abuse

7.0 looking good before ex date

MZD8168

36 posts

Posted by MZD8168 > 2014-10-30 10:05 | Report Abuse

Need advise from all Sifu. .if the price hit 8.20 sell better or keep for bonus 1:1.Thank you.

hengeh

22 posts

Posted by hengeh > 2014-10-30 10:20 | Report Abuse

MZD8168 Depending on your financial appetite and your set target. For me I am going through the exercise. Hopefully it reaches 8.00 on ex day. After ex day I am looking at 5.00 before consider to sell.

turbo88

126 posts

Posted by turbo88 > 2014-10-30 10:24 | Report Abuse

huat ah !!!!!>>>>>>>>>>>>>>>>>>thinking of resigning from my work now that PMetal can feed me for life...

88et88

266 posts

Posted by 88et88 > 2014-10-30 10:31 | Report Abuse

Price sure up, because no ppl want to sell now. Either waiting for bonus issue, or above 8

wkkht

957 posts

Posted by wkkht > 2014-10-30 11:34 | Report Abuse

Today TP7.00

MZD8168

36 posts

Posted by MZD8168 > 2014-10-30 12:11 | Report Abuse

Thank you so much...Mr.Hengeh for your comment and advise

ppginvest

1,591 posts

Posted by ppginvest > 2014-10-30 12:24 | Report Abuse

between now to ExDate - should be smooth sailing to higher as possible.

between ExDate and next couple of days/week - predicting market still good demand on aluminium. Therefore it may continue the uptrend. Also expecting some profit taking along the uptrend way.

Overall PMETAL still bullish, nothing negative. So better to keep and let's see the next Qtr Report (mid-Nov), it will make you no regret to keep it.

hengeh

22 posts

Posted by hengeh > 2014-10-30 13:02 | Report Abuse

MZD8168....I believe the next qtr financial result is expected to be good also. However, if you have reached your target it is time to sell and do not look back. Even if it goes up by another dollar do not feel regret, otherwise, you will not be happy. You should let other people make some money also because they are the ones that push up the stock price for you to sell. So be happy and merry if you have made a few thousand dollars and thank God it is not the other way round. Cheers!!

MZD8168

36 posts

Posted by MZD8168 > 2014-10-30 13:28 | Report Abuse

Mr.Hengeh :ok..noted ..Cheers

ryan7642

1,998 posts

Posted by ryan7642 > 2014-10-30 13:44 | Report Abuse

wow the trend dam impressive:) i would say buy the cheapest son n gain the max %^^

traderman

7,854 posts

Posted by traderman > 2014-10-30 14:03 | Report Abuse

my advice, don't guess the tp ... no people know except the owner/operator ... so just sell base on the percentage profit that you set.

ryan7642

1,998 posts

Posted by ryan7642 > 2014-10-30 14:19 | Report Abuse

30-40% easily can get wf 0.1 share some more the mother trend so hot now:) wat i see cd ad up from 0.085 to 0.105 (23.5% n still counting)..

ryan7642

1,998 posts

Posted by ryan7642 > 2014-10-30 14:31 | Report Abuse

anyway just my own view trade at own risk:) cc boost from 0.185-0.26 (40%) cb from 0.38 to 0.5 (31%) etc since last wk so the cheapest one still got surplus chances from wat i see happy trading:)

wkkht

957 posts

Posted by wkkht > 2014-10-30 17:04 | Report Abuse

believe that will go up too tomorrow

MZD8168

36 posts

Posted by MZD8168 > 2014-10-30 18:00 | Report Abuse

Hoping 2morrow can reach to 7.20

k8118k

981 posts

Posted by k8118k > 2014-10-30 18:03 | Report Abuse

qtr report out.
some one pls post link here.
ipad cannot paste

lawyen

168 posts

Posted by lawyen > 2014-10-30 18:54 | Report Abuse

QTR RPT IS VERY GOOD. PRICE CAN GO ALOT HIGHER. RM8 BY EX-DATE POSSIBLE.

hengeh

22 posts

Posted by hengeh > 2014-10-30 19:08 | Report Abuse

If it can break the 7.33 barrier convincingly then logically we should see a higher amount at ex date.

pang72

49,710 posts

Posted by pang72 > 2014-10-30 19:15 | Report Abuse

EPS=15.68sen.............................shit.....................too good to believe ...........!!

pang72

49,710 posts

Posted by pang72 > 2014-10-30 19:15 | Report Abuse

tomorrow RM7.00??I guess pmetal can make it!!!

ryan7642

1,998 posts

Posted by ryan7642 > 2014-10-30 19:19 | Report Abuse

Whoever didn buy most cheapest son gonna miss tml boat for much higher % :)

ppginvest

1,591 posts

Posted by ppginvest > 2014-10-30 20:00 | Report Abuse

With the Q3Report just released today (actually 1-2 weeks earlier than previous quarters), it's meant for us to see tomorrow or later next Monday, PMETAL will breaks all time high record 7.46 and moving towards TP set by Kenanga, RHB at 8.87, 8.30 before BI ExDate!

ppginvest

1,591 posts

Posted by ppginvest > 2014-10-30 20:17 | Report Abuse

Again another Dividend :)
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1781265

12% per ordinary share of RM0.50 each prior to the Bonus Issue or equivalent to 6% per ordinary share of RM0.50 each upon the completion of the Bonus Issue on 11 November 2014 for the financial year ending 31 December 2014

Ex date: 12/11/2014
Entitlement date: 14/11/2014
Payment date: 27/11/2014

traderman

7,854 posts

Posted by traderman > 2014-10-30 20:23 | Report Abuse

Alert. Current price alreAdy factor all the coming good result.

joerakmo

725 posts

Posted by joerakmo > 2014-10-30 22:00 | Report Abuse

missed this party!!!Damn!! but FY: Pmetal stock price has direct correlation to LME high grade Aluminium futures but with a 2 wk lag....cheers

Rishi

372 posts

Posted by Rishi > 2014-10-31 00:59 | Report Abuse

ppginvest how do you count the dividend in the percentage and quarterly?

ppginvest

1,591 posts

Posted by ppginvest > 2014-10-31 01:30 | Report Abuse

Rishi, I didn't count it, it's copy-paste from the announcement, I thought by copy-paste the message from the announcement into here, save the time for you guys to click the link and go there/read it.

Rishi

372 posts

Posted by Rishi > 2014-10-31 01:57 | Report Abuse

I'm asking the percentage of declaration been made. I don't get the point of the 12% or 6% would you mind to explain on that. Well, usually it will be clearly stated in cts per share but kinda blur on the percentage.

Third Interim Tax Exempt Dividend of 12% per ordinary share of RM0.50 each prior to the Bonus Issue or equivalent to 6% per ordinary share of RM0.50 each upon the completion of the Bonus Issue on 11 November 2014 for the financial year ending 31 December 2014.

sorry and I kindly appreciate to know the explaination. thank you very much. :D

ppginvest

1,591 posts

Posted by ppginvest > 2014-10-31 02:03 | Report Abuse

12% of RM0.50 is RM0.06 (6 cents)
But this dividend is going to payout AFTER Bonus Issue, so %, div are divided into half
That means 12% becomes 6% of RM0.50 is RM0.03 (3 cents)

Just mathematics (due to Bonus Issue 1:1)

Rishi

372 posts

Posted by Rishi > 2014-10-31 02:10 | Report Abuse

Ohh it means they will pay the dividend for 2 times whereby before the bonus issues of 6% and after the bonus issue of 6% which give 12% in total. Besides that, the 6cts is per unit share rite?

Thank you very much taking your time to reply.

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