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

ccv2013

121 posts

Posted by ccv2013 > 2014-12-15 18:23 | Report Abuse

Starting from tomorrow will be a better day! I think.

kenneth89

2,695 posts

Posted by kenneth89 > 2014-12-15 18:35 | Report Abuse

tomorrow rebound, dow up
fuel up from 55 to 58
aluminum up from 85.50 to 86

Posted by Kok Leong Chan > 2014-12-15 20:06 | Report Abuse

nobody knows

traderman

7,854 posts

Posted by traderman > 2014-12-15 20:17 | Report Abuse

Won't rebound unless OPEC cut production

Posted by WeiXin Yeo > 2014-12-15 20:24 | Report Abuse

where/ any website can see the aluminium price, last week i buy pmetal at 2.69, i tot it is cheap, but the price keep drop untill 2.31...gg

kenneth89

2,695 posts

Posted by kenneth89 > 2014-12-15 20:28 | Report Abuse

2.69 consider cheap ,they buy at 3.50

traderman

7,854 posts

Posted by traderman > 2014-12-15 21:15 | Report Abuse

Who is they ?

kenneth89

2,695 posts

Posted by kenneth89 > 2014-12-15 21:46 | Report Abuse

120.65 usd up to 120.85 usd already aluminum...
up 1%
long term should good this counter

kenneth89

2,695 posts

Posted by kenneth89 > 2014-12-15 22:03 | Report Abuse

sorry is 121.85

kenneth89

2,695 posts

Posted by kenneth89 > 2014-12-16 08:16 | Report Abuse

我买在2.36
希望明年会到4.00

alivetoinvest

1,235 posts

Posted by alivetoinvest > 2014-12-16 09:28 | Report Abuse

Behold. the rally of pmetal

ccv2013

121 posts

Posted by ccv2013 > 2014-12-16 15:17 | Report Abuse

I will be more than delighted if it is closed in GREEN today. Haven't seen a green closing for so long!!!

ccv2013

121 posts

Posted by ccv2013 > 2014-12-16 17:11 | Report Abuse

Finally it was a Green day and with buyers more than sellers! It is still extremely fragile, however, hopefully, it is sustainable :)

kenneth89

2,695 posts

Posted by kenneth89 > 2014-12-16 18:25 | Report Abuse

tomorrow this counter sure up, my 6 sense

dusti

2,404 posts

Posted by dusti > 2014-12-16 19:09 | Report Abuse

Share your view/hope Kenneth 89

kenneth89

2,695 posts

Posted by kenneth89 > 2014-12-17 08:21 | Report Abuse

drop a lot already,and this counter not oil counter, somemore usd rate up,benefit for this counter profit.2.50 should no problem

kk123

1,964 posts

Posted by kk123 > 2014-12-17 08:28 | Report Abuse

Aluminium also falling .......

ppginvest

1,591 posts

Posted by ppginvest > 2014-12-17 08:35 | Report Abuse

Type
Announcement
Subject
OTHERS
Description
PRESS METAL BERHAD ("PRESS METAL" or "THE COMPANY")
- ADDITIONAL 500MW POWER SUPPLY TERM SHEET BETWEEN PMB AND SYARIKAT SESCO BERHAD - UPDATE
(Unless otherwise stated, definitions used in this announcement shall carry the same meaning as defined in the Company’s announcement dated 19 November 2014 in relation to the additional 500MW power supply)

Further to the announcement on 19 November 2014 with regards to the signing of a term sheet for an additional 500MW of power, the Board of Directors of Press Metal is pleased to announce that it has on even date executed the Power Purchase Agreement (“PPA”) with Syarikat Sesco Berhad (‘SESCO’) to formalise the terms for the supply of such additional 500MW of power for the Proposed Phase III Smelter in two stages, namely, 330MW for the first stage and 170MW for the second stage.

The PPA provides for the supply and delivery of power by SESCO to the Proposed Phase III Smelter for a 25-year period. Barring any unforeseen circumstances, Stage 1 of the Proposed Phase III Smelter is expected to come into operation by the last quarter of 2015 and Stage 2 of the Proposed Phase III Smelter is expected to be operational by the first quarter of 2018. Meantime, the Company will be entering a Technical Agreement with SESCO relating to the technical aspects of the PPA.

With this additional power, Press Metal will be able to increase its total smelting capacity from its existing 440,000 tonne to 760,000 tonne to become the largest smelter in S.E. Asia.

This announcement is dated 16 December 2014.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1827093
Attachments
P3 Term Sheet Agreement announcement V4 clean-Final.pdf

siulong1

406 posts

Posted by siulong1 > 2014-12-17 09:47 | Report Abuse

son run a lot faster than mother

ANYU

979 posts

Posted by ANYU > 2014-12-17 10:00 | Report Abuse

Kenneth89,你好嘢 !

rizerlee

752 posts

Posted by rizerlee > 2014-12-17 10:10 | Report Abuse

aluminium price chart
http://www.infomine.com/investment/metal-prices/aluminum/

Very hard to forecast share market now as retail investor lack of lot critical information.
Increase of USD suppose helping exporter but the demand of international is decreasing.

IMO , now is more like gambling then invest.

ccv2013

121 posts

Posted by ccv2013 > 2014-12-17 10:17 | Report Abuse

I hope it will reach 2.6 then to 3 by next week! Oil price shall be stable at USD60! Let's pray for it!

siulong1

406 posts

Posted by siulong1 > 2014-12-17 10:47 | Report Abuse

long time constipation... now release??@@

sunztzhe

2,248 posts

Posted by sunztzhe > 2014-12-17 10:51 | Report Abuse

PMETAL tested its long term support yesterday and closed higher. Got into PMETAL yesterday evening near close. Looks like PMETAL will rebound off its recent lows.

siulong1

406 posts

Posted by siulong1 > 2014-12-17 11:02 | Report Abuse

but the sharp rise attract a lot selling pressure@@

ccv2013

121 posts

Posted by ccv2013 > 2014-12-17 11:09 | Report Abuse

Sunztzhe: Please provide more comments on this forum here to guide us... Thank you!

gohlai

469 posts

Posted by gohlai > 2014-12-17 13:57 | Report Abuse

this technical rebound is for ppl to unload

kenneth89

2,695 posts

Posted by kenneth89 > 2014-12-17 14:05 | Report Abuse

anyu, u have wechat? we can chat... haha.. i already sold and buy matrix

stockworm

89 posts

Posted by stockworm > 2014-12-17 15:13 | Report Abuse

Indonesian Rupiah and Russian Rouble down against USD . Hope Ringgit can maintain.Better take profit as we do not know the market later.

ANYU

979 posts

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

Kenneth89,有赚就好,good.......maxxx 好股 。我还没有wechat, 我会来maxxx的counter........thanks.

kenneth89

2,695 posts

Posted by kenneth89 > 2014-12-17 17:13 | Report Abuse

ANYU,我等这个股在跌我才在买。。。 今天根本是panic买。。。上太多了。。。一定会跌回去。。

nicky

3,351 posts

Posted by nicky > 2014-12-17 17:19 | Report Abuse

下太多你又不說是panic selling

ANYU

979 posts

Posted by ANYU > 2014-12-17 17:25 | Report Abuse

好!祝你好運 !

kenneth89

2,695 posts

Posted by kenneth89 > 2014-12-17 17:26 | Report Abuse

你呢?有什么好介绍?

chinesetea

1,390 posts

Posted by chinesetea > 2014-12-17 18:33 | Report Abuse

Nice rebound :-)

chinesetea

1,390 posts

Posted by chinesetea > 2014-12-17 18:35 | Report Abuse

When they said stopped out http://klse.i3investor.com/blogs/kenangaresearch/66671.jsp, you buy. When they say buy, you stopped out. Happened to inari recently

predictor

195 posts

Posted by predictor > 2014-12-17 18:45 | Report Abuse

yes agreed. it happen in inari in oct. the next moment don be surprise that it will go up. just 2 cents sharing.

bjgdila123

3,468 posts

Posted by bjgdila123 > 2014-12-17 18:57 | Report Abuse

Ada profit cabut lari

kenneth89

2,695 posts

Posted by kenneth89 > 2014-12-17 21:06 | Report Abuse

i pity those buyer at 2.70 and above today, today rebound is for take profit not buy... the market still not bad yet,hope tomorrow sustain,if not will see contra player show

optimsuR

69 posts

Posted by optimsuR > 2014-12-18 06:20 | Report Abuse

Pity? You will be envy. Heading back to 3.4!!!

ANYU

979 posts

Posted by ANYU > 2014-12-18 08:09 | Report Abuse

Pmatel 不错。

pisangkuat

1,060 posts

Posted by pisangkuat > 2014-12-18 09:10 | Report Abuse

Beware when price raise so deastic later drop sharp drop again...and repeat the same mean very unstable...on normal healthy data...it will up or steady at certain support line...it can up for 2 days or even a month later sharp drop again...

s12456

297 posts

Posted by s12456 > 2014-12-18 21:40 | Report Abuse

Tommorrow pmetal 3.20 based on previous record

coffeecup

365 posts

Posted by coffeecup > 2014-12-19 05:44 | Report Abuse

Don't think just buy! Everyone cheong, see dji!!!!

pisangkuat

1,060 posts

Posted by pisangkuat > 2014-12-19 07:26 | Report Abuse

U think so? I dnt think so...escape while you can if u dnt want to keep long term.

CCV2013

121 posts

Posted by CCV2013 > 2014-12-19 07:43 | Report Abuse

RM3 level will be coming soon!!!

siulong1

406 posts

Posted by siulong1 > 2014-12-19 10:32 | Report Abuse

but still cant go up... hanging over 2.7

s12456

297 posts

Posted by s12456 > 2014-12-19 16:23 | Report Abuse

No power to up

CCV2013

121 posts

Posted by CCV2013 > 2014-12-19 17:55 | Report Abuse

Clearing up those on contra...

s12456

297 posts

Posted by s12456 > 2014-12-20 07:04 | Report Abuse

If wait b4 CNY, can up rm5!!!!

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