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

Posted by coffeepimple > 2015-01-13 09:59 | Report Abuse

So now u see the price.

tianjin

468 posts

Posted by tianjin > 2015-01-13 10:12 | Report Abuse

Pmetal quarterly revenue is approx RM 1b , this translate to approx USD 300mil , comparing Q3 exchange rate of average RM 3.2+ to Q4's 3.5+ , forex gain per every USD 1 revenue will contribute an extra RM 0.30 to Pmetal profit , well I might be wrong .

CCV2013

121 posts

Posted by CCV2013 > 2015-01-13 15:11 | Report Abuse

http://www.cnbc.com/id/102331611
Autos to drive this metal into a sweet spot

Aluminum is in a sweet spot this year as changes in the U.S. auto industry bring about a long-awaited equilibrium in supply and demand, traders say.
......
"The aluminum industry is embarking on its biggest boom in history as a unique combination of regulatory requirements and demand factors increase its adoption in the global automotive industry, amongst others," Australian broker Global Prime said in a report last month.

CCV2013

121 posts

Posted by CCV2013 > 2015-01-13 15:24 | Report Abuse

from the same cnbc's article:

Oil's slide to a fresh five-and-a-half year low is worrisome for several metals but isn't expected to hurt aluminum.

alexchua

287 posts

Posted by alexchua > 2015-01-13 15:55 | Report Abuse

thanks for the info. those who say lausai this this stock sure very am dui now.

traderman

7,854 posts

Posted by traderman > 2015-01-13 16:05 | Report Abuse

will drop back .. no worry ... one day show just to react to alcoa result.

alexchua

287 posts

Posted by alexchua > 2015-01-13 16:26 | Report Abuse

dont like that leh. make it 3 days show. lol.

traderman

7,854 posts

Posted by traderman > 2015-01-13 16:30 | Report Abuse

already drop from the peak of 2.71

Posted by coffeepimple > 2015-01-13 16:42 | Report Abuse

Shld not limit urself in 2.71. Based on world supply demand and of coz positive outlook on aluminium price increase, the shares have bright future. I can feel ur sour because cant buy it at lower price. Cheers bro

tianjin

468 posts

Posted by tianjin > 2015-01-13 16:55 | Report Abuse

It went up from the low of 2.40 to closed 2.62

traderman

7,854 posts

Posted by traderman > 2015-01-14 11:41 | Report Abuse

as said, 1 day show ... LOL

pisangkuat

1,060 posts

Posted by pisangkuat > 2015-01-14 14:20 | Report Abuse

Stabilize...nw...

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

Traderman genting very suit u. Lol.

megaloh

6 posts

Posted by megaloh > 2015-01-14 15:17 | Report Abuse

as mentioned by some one above, only one day show yesterday, short time traded up to 2.71 and down all the way...really cannot understand for its huge volatility ??

alexchua

287 posts

Posted by alexchua > 2015-01-14 15:40 | Report Abuse

megaloh how?

megaloh

6 posts

Posted by megaloh > 2015-01-14 16:28 | Report Abuse

no choice but to hold, below 2.50 now!

alexchua

287 posts

Posted by alexchua > 2015-01-14 16:35 | Report Abuse

gan gan buy. lol, jangan takut

traderman

7,854 posts

Posted by traderman > 2015-01-14 16:43 | Report Abuse

lol ... still above 2.4 :)

megaloh

6 posts

Posted by megaloh > 2015-01-14 16:49 | Report Abuse

dare not buy anymore, bought since 2.65 and average down all the way, no more bullets liao, average to 2.57 with huge position, miss the boat yesterday to cut position at 2.65-2.71..turn to negative now..no choice but to hold further

traderman

7,854 posts

Posted by traderman > 2015-01-14 16:59 | Report Abuse

megaloh, i think due to pmetal in the sector of commodity with oil also beaten down yesterday ... don't say aluminium not relate oil, this is global economy ... if world economy bad, who gonna buy aluminium ? dont just think pmetal earning will be good good good, demand will be strong strong strong ... operator said bye bye, you all retailer hold as much as you can.

not to say pmetal wont rebound, but is at 2.4 or lower ... LOL ...

traderman

7,854 posts

Posted by traderman > 2015-01-14 17:25 | Report Abuse

megaloh ... 1. you damn rich, can keep average down pmetal 2. you damn brave, only chase pmetal 2.65 yesterday which at that point already up 25 cent and risk reward certainly not in your side which proving now ... hahaha

alexchua

287 posts

Posted by alexchua > 2015-01-14 18:04 | Report Abuse

i also lower. wat to do .

traderman

7,854 posts

Posted by traderman > 2015-01-14 18:46 | Report Abuse

Wall Street target oil price 40 ... More bad news

Posted by Kelvin Ching > 2015-01-14 22:20 | Report Abuse

limit down

Posted by coffeepimple > 2015-01-14 23:34 | Report Abuse

U need to treat everyone as a fool if u want to success in shares market.

tianjin

468 posts

Posted by tianjin > 2015-01-15 09:37 | Report Abuse

When Q4 result announced , lots of Pmetal nay sayer will disappeared .

drg80

54 posts

Posted by drg80 > 2015-01-15 09:47 | Report Abuse

:-))

8u29song

2,709 posts

Posted by 8u29song > 2015-01-15 10:04 | Report Abuse

wow

8u29song

2,709 posts

Posted by 8u29song > 2015-01-15 10:07 | Report Abuse

'pirates ship'

zekuan

533 posts

Posted by zekuan > 2015-01-15 11:29 | Report Abuse

May I know when the Q4 result announce??

tianjin

468 posts

Posted by tianjin > 2015-01-15 12:04 | Report Abuse

It could be end of Jan ( Q3 result was released on 30th Oct ) or before 28th Feb .

tianjin

468 posts

Posted by tianjin > 2015-01-15 15:19 | Report Abuse

Aluminium price up 1.11% ( 19.75 ) per MT current spot price

Posted by Kelvin Ching > 2015-01-15 15:38 | Report Abuse

but i see current Aluminium price is 1,796.00 USD

kenneth89

2,695 posts

Posted by kenneth89 > 2015-01-15 16:24 | Report Abuse

aluminium drop from 2100 to 1790… lol…. Nice gamble company...

tianjin

468 posts

Posted by tianjin > 2015-01-15 16:31 | Report Abuse

In a manufacturing envirolment , we are looking at annual average pricing , let PMetal Q4 result speak for itself . Cheers !

happy123

213 posts

Posted by happy123 > 2015-01-15 16:55 | Report Abuse

Trading vol is unusually high today

traderman

7,854 posts

Posted by traderman > 2015-01-15 18:23 | Report Abuse

kenneth89, that's why pmetal drop from 3.0++ (after x date) to below 3 ....

kenneth89

2,695 posts

Posted by kenneth89 > 2015-01-15 19:39 | Report Abuse

yeah. now still not stable

mantua39

51 posts

Posted by mantua39 > 2015-01-15 21:29 | Report Abuse

It's interesting to note that the highest monthly average LME closing price for aluminium since early 2013 was USD 2030/tonne for August 2014 vs the current price of USD 1770/mt. However, this price drop is cushioned by the drop in MYR from 3.18 to 3.59 (MYR/USD) over the same period. In ringgit terms,there has been little change (from MYR 6455/mt to MYR 6354/mt), so the income for Pmetal should be still be very good at current metal price price & exchange rate.

traderman

7,854 posts

Posted by traderman > 2015-01-16 08:50 | Report Abuse

1 day show again ... hahaha

tianjin

468 posts

Posted by tianjin > 2015-01-16 11:00 | Report Abuse

May be only traders , speculators or contra players NEEDED daily shows !!!

Posted by Kelvin Ching > 2015-01-17 10:12 | Report Abuse

Now aluminium price 1,840.00 USD increase 2.76 %

reach_rich

418 posts

Posted by reach_rich > 2015-01-17 14:29 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1853777... what does it means? is it a good news or bad news?

traderman

7,854 posts

Posted by traderman > 2015-01-17 19:59 | Report Abuse

they buy the LA loan stock only.

alexchua

287 posts

Posted by alexchua > 2015-01-19 12:23 | Report Abuse

traderman gt buy bo ? 1 day easy for u to earn . ha

zekuan

533 posts

Posted by zekuan > 2015-01-19 12:39 | Report Abuse

How is the Q4 result expectation....any one can share? Any dividend will declare??

spear

316 posts

Posted by spear > 2015-01-19 13:51 | Report Abuse

Slowing property sector cut demand in aluminium building material and dropping in oil price reduce demand in lightweight automobile industry, buy pmetal now = suicide

Posted by Kelvin Ching > 2015-01-19 13:56 | Report Abuse

who say spear :Slowing property sector cut demand in aluminium building material and dropping in oil price reduce demand in lightweight automobile industry, buy pmetal now = suicide

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