Posted by CCV2013 > 2015-01-06 10:41 | Report Abuse

Selling volume is very thin now!

Posted by pisangkuat > 2015-01-06 11:05 | Report Abuse

Vol low...doesnt mean price will not drop...

Posted by SimonSezs > 2015-01-06 11:19 | Report Abuse

Drop is in line with the drop of commodities prices...

Posted by tony__kow > 2015-01-06 11:22 | Report Abuse

yup... market very bad now

Posted by pisangkuat > 2015-01-06 19:36 | Report Abuse

Klse drop more than 20 pts...still write "klse close / open easier..." pergi mampuslah...easier...drop say drop what is easier?

Posted by jasonjc > 2015-01-07 10:57 | Report Abuse

2.4...
good price to collect?

Posted by alexchua > 2015-01-07 11:01 | Report Abuse

got ppl will goreng this share de. lol

Posted by alexchua > 2015-01-07 11:08 | Report Abuse

http://www.theborneopost.com/2014/11/01/press-metals-earnings-continue-to-excite-in-fy15-on-better-aluminium-prices/

Posted by alexchua > 2015-01-07 11:24 | Report Abuse

http://www.thehindubusinessline.com/markets/commodities/lower-crude-prices-are-a-bane-for-aluminium/article6739168.ece

Posted by jasonjc > 2015-01-07 14:18 | Report Abuse

Thx alex, very informative article researched.

Posted by traderman > 2015-01-07 20:55 | Report Abuse

tomorrow will go 2.3 ... broad market still bad

Posted by pisangkuat > 2015-01-07 21:44 | Report Abuse

Jan 10 getting closer....prepare for the worst

Posted by JayC > 2015-01-07 21:56 | Report Abuse

What's happening on 10th jan?

Posted by alexchua > 2015-01-07 22:26 | Report Abuse

10 jan ? wat so big deal on that day.

Posted by pisangkuat > 2015-01-08 06:43 | Report Abuse

7 January, Tuesday 

U.S mkt :
U.S stocks ended lower on tuesday as data showed slower growth in U.S last qtr and ongoing plunge in oil prices. The pace of expansion in services moderated in Dec and new orders for manufactured goods fell for a 4th consecutive mth.

European mkt :
European mkt fell on tuesday on lower oil prices and Greece possible exit from eurozone. Data showed eurozone manufacturers registered almost no growth in 4th qtr, putting pressure on ECB to take step to prevent the region fr slipping into recession.

Gold :
Gold prices rose on Tuesday as Greece possible exit fr eurozone boosted demand for safe heaven asset like gold, yen and low risk gov bond.

Crude oil :
Crude oil prices hit extended losses on tuesday as investors piled on to their short positions in anticipation of lower prices amid lingering concerns over a growing supply glut.

KLCI :
Mkt ended 20.04pts lower on tuesday in cautious trading, amid slump in global crude oil prices.

Today's economic event :
- Europe's CPI flash estimate y/y
- U.S ADP non farm employment change
- U.S trade balance

Newsflow :
* CPO : palm oil prices rose as RM Slides to 5.5yr low and floods raised the prospect of tigher supplies.
* Sarawak cable : poised to secure TNB job
* TMS : proposes share capital reduction
* Sime Darby : extends offer for NBPOL to March 20
* Sunway construction : likely to raise funds fr IPO
* Benalec : yet to get green light for reclamation work
* Century Logistic : wants rm500m turnover i 2 to 3 yrs
* SKpress : shareholders approved proposed acquisition of Tecnic Group

DJIA : 17371.64 (-130.01)
DAX : 9469.66 (-3.50)
FTSE 100 : 6366.51 (-50.65)
GOLD : 1215.90 (+13.50)
CRUDE OIL(wti) : 48.07 (-2.05)
M'sia 10yr bond yield : 4.187%
U.S 10 yr bond yield : 1.944%

Tuesday's bursa trade stat (RM) :
Local Institutions (53.5%) : net BUY 174.6mil
Retail (15.3%) : net BUY 50.7mil
Foreign (31.2%) : net SELL 225.3mil

Posted by coffeecup > 2015-01-08 07:02 | Report Abuse

old pisang news? US market ended higher woh. Pmetal very bullish and solid will turn metal pisang!!

Posted by alexchua > 2015-01-08 14:31 | Report Abuse

so what does it matter with 10 jan? LOL

Posted by Kelvin Ching > 2015-01-08 18:23 | Report Abuse

10 jan market close le

Posted by tianjin > 2015-01-09 09:30 | Report Abuse

Aluminium price surge 2.33% / usd 41.75 per MT to usd 1833.75 pmt from previous closed of usd 1792.00 pmt .

Posted by zekuan > 2015-01-09 11:11 | Report Abuse

Any link can share to see the price??

Posted by tianjin > 2015-01-09 13:29 | Report Abuse

quotenet.com ( go to commodities )

Posted by tianjin > 2015-01-09 13:31 | Report Abuse

The price which I posted earlier was the closing price for Jan 8th .

Posted by JayC > 2015-01-09 15:41 | Report Abuse

aluminium price is now 1837. catango is increasing to USD 33.
it has rebounded from it's low of below 1800

Posted by kenneth89 > 2015-01-09 15:45 | Report Abuse

PMETAL PROFIT SURE DROP LAR… ALUMINUIM 1700++ ALREADY… FROM 2000

Posted by Kelvin Ching > 2015-01-09 15:47 | Report Abuse

ya la whyshare price always drop like hell

Posted by Kelvin Ching > 2015-01-09 15:54 | Report Abuse

kenneth89 now aluminium price is now 1837 or ALUMINUIM 1700 ?

Posted by tianjin > 2015-01-09 16:29 | Report Abuse

Current aluminium spot price tradind @ usd 1844.50 up 0.59%

Posted by JayC > 2015-01-09 17:11 | Report Abuse

FYI, PMETAL pay 4x dividend in the year 2014!!!!! every quarterly!!!

Posted by kenneth89 > 2015-01-09 17:23 | Report Abuse

EVERYDAY DROP

Posted by kenneth89 > 2015-01-09 17:25 | Report Abuse

1844 ? ARE U SURE?

Posted by lepaklangkawi > 2015-01-09 20:58 | Report Abuse

of course price going to drop. alreadi up from 2.5-7 ringgits. need to rest for awhile (maybe 2-3 yrs?)

Posted by traderman > 2015-01-09 23:07 | Report Abuse

Should rest 8-9 years

Posted by kenneth89 > 2015-01-09 23:31 | Report Abuse

dow drop,Monday cont drop

Posted by Kelvin Ching > 2015-01-09 23:31 | Report Abuse

should rest 10 year above

Posted by traderman > 2015-01-09 23:56 | Report Abuse

Monday limit down

Posted by Kelvin Ching > 2015-01-09 23:57 | Report Abuse

traderman why Monday limit down

Posted by pisangkuat > 2015-01-10 00:30 | Report Abuse

See if trade deficit data announce on jan 10 or not....

Posted by SimonSezs > 2015-01-10 15:16 | Report Abuse

Lousy !!!

Posted by Kelvin Ching > 2015-01-10 18:18 | Report Abuse

limit down?

Posted by kenneth89 > 2015-01-11 09:46 | Report Abuse

pisang,how the data?

Posted by Kelvin Ching > 2015-01-11 16:56 | Report Abuse

limit down?

Posted by alexchua > 2015-01-11 22:22 | Report Abuse

so hows the outcome of the deficit data pisangkuat?

Posted by Kelvin Ching > 2015-01-11 22:25 | Report Abuse

what the deficit dat

Posted by Kelvin Ching > 2015-01-11 22:53 | Report Abuse

share la data pisang no goreng pisang only le

Posted by Kelvin Ching > 2015-01-11 22:53 | Report Abuse

2moro limit down come

Posted by pisangkuat > 2015-01-12 09:58 | Report Abuse

Malaysia is among two nations on Fitch Rating’s “Negative” outlook in its 2015 Outlook for Emerging Asian Sovereigns.

Fitch said on Jan 11 that market volatility in December 2014 could be a foretaste of what is to come in 2015.,

Fitch said positive pressure on ratings was ebbing.

It said eight of 10 Emerging Asian sovereigns were on Stable Outlook, with two (Malaysia and Mongolia) on Negative Outlook.
12 January, Monday 

U.S mkt :
U.S stocks ended sharply lower on friday on falling oil prices and mixed hiring report. U.S unemployment rate dropped due to hourly wages fell unexpectedly and the number of Americans who gave up looking for work increased.

European mkt :
European Stocks ended sharply lower on friday due to disappointment over the reported size of potencial bond purchase from ECB. EcB staff proposal for a QE program to buy as much as 500bil euro bonds fell short of mkt expectation.

Gold :
Gold prices rose on friday after jobs report showed a surprise drop in hourly wages, dollar fell as mkt expects Federal could keep rates on hold for longer.

Crude oil :
Crude oil prices fell on friday and reapproached 5 yrs low as a glut in global supplies continue to dominate the mkt .

Newsflow :
* MAHB : aiming to manage more airports
* CPO : palm oil prices fell after 3 days of winning streak on friday as ringgit steadied and investor took profit.
* Gadang : adopt cautious outlook for this yr.
* Sumatec : reduced offer price to acquire oil field in Kazakhstan
* SYF : delays M&As activities
*Tenaga : to acquire 78% stake in intagrax for rm645mil

DJIA : 17737.37 (-170.50)
Dax : 9648.50 (-189.11)
FTSE 100 : 6501.14 (-68.82)
Gold : 1225.50 (+15.80)
Crude oil(wti) : 47.73 (-2.32)
USD / MYR : 3.55
M'sia 10 year bond yield : 4.141%
U.S 10yr bond yield 1.95%
UsD/MYR : 3.55

Fri's bursa trade stat ( RM ) :
Local Institutions (52.7%) : net SELL 8.6mil
Retail (19.8%) : net SELL 15.6mil
Foreign (27.5%) : net BUY 24.2mil

Posted by pisangkuat > 2015-01-12 10:00 | Report Abuse

Curse of Altantuya...comebck to hunt msia...and coincidently in Fitch report Msia and Mongolia 2 countries in the list

Posted by SimonSezs > 2015-01-12 10:18 | Report Abuse

Boring shit.... lousy lousai share...

Posted by alexchua > 2015-01-12 10:49 | Report Abuse

haha...mongolian..then whose fault .

Posted by sarawakian > 2015-01-13 08:52 | Report Abuse

i heard from BFM radio this morning (735-800am) on Alcoa + aluminium price so went ahead and check below link on Alcoa's earning

http://www.ibtimes.com/alcoa-inc-aa-stock-price-jumps-positive-q4-analysts-see-mixed-earnings-season-oil-1781318

Aluminum producer Alcoa Inc. (NYSE:AA) kicked off earnings season Monday, reporting the company’s strongest full-year results since 2008, sending shares up more than 1 percent to $16.39 in after-hours trading. Alcoa’s results were boosted by increased sales of aluminum supplies to carmakers and aerospace companies.

http://www.lme.com/metals/non-ferrous/aluminium/

My 2 ecnts, If Alcoa boleh so does Pmetal right?

I bet you stay away from oil+gas counters these days right?
BRE tumbled below $50 to rest at $47++; Prominent research house has predicted oil price to go down further in the region of $40, $7 dollar away from current price....

Where else shud be put our money other than safe haven like Pmetal?