Posted by desire > 2014-12-11 12:00 | Report Abuse

unless u hold 20 years ago at rm2

Posted by stockworm > 2014-12-11 12:05 | Report Abuse

It's a good gamble to invest in put warrant as the KLSE index will go below 1700.

Posted by pisangkuat > 2014-12-11 12:44 | Report Abuse

China slow demand...alu price kaput..better put your money elsewhere.

Posted by Elvin Beh Chun Yen > 2014-12-11 13:02 | Report Abuse

the advantage of pmetal is of its low cost. at current almn price level, a lot of smelters in China will be burning cash daily if they operate. breakeven point for pmetal is 1800USD. even if the almn price drop to 1800USD, a lot of smelters around the world would burn before pmetal burns.

so, as long as pmetal continues to make profit, there shouldn't be much of a worry. averaging down and holding it should not be an issue.

Posted by rizerlee > 2014-12-11 13:21 | Report Abuse

but the problem , will demand of aluminium goes lower and lower ?

usage of aluminium in car industry due to it is light compare to steel and give a great field consumption .
this is the selling point of Ford F150 .

but now the price of petroleum this low , automotive might halt their plan of shifting from steel
to aluminium .
further more , housing development also slow down and further pressure aluminium price .

maybe we should consider Alu vs iron as
well instead of Malaysia smelter vs china smelter only .

many factor might affect the performance

Posted by sunztzhe > 2014-12-11 13:54 | Report Abuse

The only certainty is...nothing is certain...alu price is weakening and may weaken some more...PMetal had already broken down from its medium to long term support at 2.98 to 2.80...This will be its resistance in any rebound...it is now on short to medium term downtrend...If current support at 2.57 breaks, it may find strong support at its long term support at 2.42 to 2.20...

Posted by stockworm > 2014-12-11 15:06 | Report Abuse

Many investors sold their shares to stay away from klse market as the going does not look good.Only local funds dump in money to bluechips ounters such as BAT Petdag , ,Tenaga ,TM ,KLK ,...just to stop klse index down further.

Posted by nicky > 2014-12-11 16:41 | Report Abuse

Shall I say that it is time to be brave when others are chicken ?

Posted by sunztzhe > 2014-12-11 17:13 | Report Abuse

Just chill out, enjoy life and watch the show...no need to think too...nor take any position...just relax

Posted by Kok Leong Chan > 2014-12-11 17:40 | Report Abuse

Yes...better than up several days already and you go and chase...

Posted by Kok Leong Chan > 2014-12-11 17:40 | Report Abuse

At least it is cushion a bit already...

Posted by ccv2013 > 2014-12-11 18:35 | Report Abuse

Today closing is more solid than any days since the selling off.....

Posted by Kelvin Ching > 2014-12-11 20:38 | Report Abuse

KUALA LUMPUR: The Kuala Lumpur Tin Market (KLTM) closed US$30 higher at US$20,330 a tonne yesterday propped up by gains on the London Metal Exchange (LME), a dealer said.

The metal price on LME increased US$90 to US$20,550 a tonne

The dealer said the local tin market's trading was mainly supported by scattered buying by the Japanese.

At the opening, sellers offered 62 tonnes while buyers bid for 56 tonnes.

The final turnover was slightly higher at 75 tonnes from the 74 tonnes recorded on Tuesday, with demand coming from Japanese, European and local traders.

The price differential between the KLTM and LME fell to a premium of US$130 a tonne from US$190 a tonne previously

Posted by deepmarine > 2014-12-11 21:00 | Report Abuse

Aluminium and metal keep dropping

Posted by Phyllis Chang > 2014-12-11 21:43 | Report Abuse

if you guys have enough holding power, shoun't bothered with the current scenario

Posted by Abudance > 2014-12-12 04:14 | Report Abuse

Phyllis, if keep dropping do much and if you have buffer .. Better tske profit. Commodity market all dropping. Not do much got money then hold.

Posted by chinesetea > 2014-12-12 07:09 | Report Abuse

Is this best time to buy?

Currently I see, some are panic selling because of correction of aluminium price.

If that's your main reason, fear not, according to research, the aluminium price will peak in 2015.

http://www.reuters.com/article/2014/12/11/aluminium-premiums-outlook-idUSL6N0TT0CU20141211


Why? The reason is very simple, the stock level of aluminium is very low (low free float) and majority of aluminium supply is stored by Detroit (about 50-79%).
Price is affected by demand and supply.

With oil price getting lower, can you guess which industry will benefit? The car !! 4x4 huge cars , Americans like it. When car industry start picking up, it will generate huge aluminium demand and don't forget the phones , tablets and computers

http://www.ft.com/cms/s/0/59ed48e6-7fb0-11e4-adff-00144feabdc0.html#axzz3LdGVO29c

Currently market is very volatile but also create opportunity to buy some stock at bargain price.
Chart wise, it may support around 2.4. Very attractive price indeed.

P/S: Buy and Sell at your own risk.

Posted by impreza2388 > 2014-12-12 09:09 | Report Abuse

break 2.50 ..sad

Posted by siulong1 > 2014-12-12 09:17 | Report Abuse

Has been dropping for many days... Stil non stop

Posted by ppginvest > 2014-12-12 09:22 | Report Abuse

teruknya... wait for good time/good price to re-enter...

Posted by Jason520 > 2014-12-12 09:23 | Report Abuse

why drop so much?

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

world commodities steel aluminium copper oversupplied and less demand.Only consider this counter when it reaches the bottom line.

Posted by bjgdila123 > 2014-12-12 09:37 | Report Abuse

Sell sell kira rugi pula

Posted by Jason520 > 2014-12-12 09:46 | Report Abuse

stockworm, but the aluminium price still at 19k ++. Not a big drop

Posted by mayday > 2014-12-12 09:51 | Report Abuse

this stock really no hope.... I buy toto 4d better

Posted by siulong1 > 2014-12-12 09:51 | Report Abuse

jz the market sentiment... oil price drop really drag down the whole world, OPEC and US price war really killing us softly....

Posted by stockworm > 2014-12-12 10:05 | Report Abuse

Better to stay away as big foreign funds are moving out b4 X'mas . Market will be badly hit for the time being.

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

Already say few days ago it will fell to 2.50...now breach 2.50...nxt station...2.20...this ctr will be the next dsonic...after split then no hope...

Posted by Explode > 2014-12-12 10:41 | Report Abuse

rebound?

Posted by Elvin Beh Chun Yen > 2014-12-12 10:57 | Report Abuse

strong rebound :)

Posted by siulong1 > 2014-12-12 12:00 | Report Abuse

a strong rebound or a trap, we will see

Posted by pisangkuat > 2014-12-12 12:22 | Report Abuse

1000% trap....confirm...somemore a bobby trap...kasi hancur leg hancur badan..

Posted by siulong1 > 2014-12-12 12:40 | Report Abuse

perfect trap...

Posted by stockworm > 2014-12-12 15:06 | Report Abuse

KLSE Year End mega sales is on.some counters drop 30%-50% since 1st Dec. May be can get
more cheaper stocks next few days.

Posted by sunztzhe > 2014-12-12 16:02 | Report Abuse

PMetal is now on short to medium term downtrend...It had already broke down on its support at 2.57 and its next strong support will be at its long term support at 2.42 to 2.20.

Posted by siulong1 > 2014-12-12 18:23 | Report Abuse

son runs faster than mother.........@@

Posted by Fellowship of the ring > 2014-12-12 20:50 | Report Abuse

From today onwards is upwards nia....

Posted by siulong1 > 2014-12-12 22:59 | Report Abuse

Hard to say...

Posted by desire > 2014-12-13 08:39 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2014/12/13/Zinc-premiums-in-Asia-hit-2yr-low/?style=biz.

Posted by desire > 2014-12-13 08:39 | Report Abuse

monday drop further?

Posted by sheep > 2014-12-13 09:32 | Report Abuse

Drop. Cos most funds closed account d and go for year end holidays. When there is no buyers to support, the only way is down n down.

Posted by Kok Leong Chan > 2014-12-13 11:06 | Report Abuse

Desire...your link is Zinc but Pmetal is Aluminium la...

Posted by traderman > 2014-12-14 11:49 | Report Abuse

Hope mother go 2

Posted by lcwin > 2014-12-14 14:41 | Report Abuse

AL price look it can hold well but...housing office buildup in china is staggering, at least 10 times Malaysia supply normalized to per million population for the next 3 years. You guess what will happen when all this completes and nobody can rent them out all. Properties and construction is a major economic generator with strong multiplier effect and huge consumer of raw material from oil to alum. There will lightly be a slowdown across the board for commodity. This is also the reason we see a heavy sell down in bursa stocks and RM/USD as our economy is very dependent on commodity eg palm oil and crude oil.Pmetal is one of the lowest cost producer in the world but other player is also experiencing lower energy cost now. To me Pmetal is still a trading play very high beta stock so be informed understand the risk go out there and kill or be killed!! Good luck

Posted by ccv2013 > 2014-12-15 11:27 | Report Abuse

Pmetal is still heavily beaten... can't see the end!

Posted by stockworm > 2014-12-15 11:54 | Report Abuse

By considering the 1 to 1 bonus issues recently the share price may go down below 2.00.

Posted by kenneth89 > 2014-12-15 12:33 | Report Abuse

why keep down?2.30 so cheap?

Posted by pisangkuat > 2014-12-15 13:10 | Report Abuse

Falling dwn to rm 2.00...

Posted by traderman > 2014-12-15 14:40 | Report Abuse

kenneth, 2.3 suppose is 4.6 is before the bonus issued ... i will say 1.5 or 3.0 is best price haha

Posted by nicky > 2014-12-15 17:42 | Report Abuse

All counters down like hell... Not only PMetal