Posted by ch741001 > 2014-05-10 20:49 | Report Abuse

Monday 3.60

Posted by Cweed > 2014-05-10 22:33 | Report Abuse

http://www.theedgemalaysia.com/mobile/article.php?id=288844&pid=1

Posted by 林俊松 > 2014-05-10 23:48 | Report Abuse

Hold until year end, dunno what will happen to Pmetal.
Hahax~

Posted by alexanderSingapore > 2014-05-11 14:58 | Report Abuse

Yes, lim please do hold until year end

Posted by tonylim > 2014-05-12 02:08 | Report Abuse

Joel where did you get the 255 million profit for this year.
care to share?

Posted by Joel > May 8, 2014 03:44 PM | Report Abuse

Net Profit in 31.12.2013 is rm15.2 million

But in Forecast 31.12.2014
Net profit expect will be hit at RM255.6 million.

Posted by warrenbuffett0830 > 2014-05-12 03:03 | Report Abuse

Rally coming.

Posted by tonywong8 > 2014-05-12 05:32 | Report Abuse

I prefer to use target price to sell instead of time. Next cycle, I expect to go above Rm 4.00 and might hit Rm 4.50.

Posted by traderman > 2014-05-12 09:15 | Report Abuse

hope wc can back to 1.7 for me to buy again hahaha ... btw, mother go to 4-5 just a matter of time base on the chart strength

Posted by warrenbuffett0830 > 2014-05-12 10:17 | Report Abuse

one of the best fundamental stock in Bursa.

Posted by 林俊松 > 2014-05-12 13:42 | Report Abuse

Today drop?

Posted by kwl8888 > 2014-05-12 13:44 | Report Abuse

I believe PMETAL will start up from Wednesday till Friday

Posted by traderman > 2014-05-12 14:31 | Report Abuse

don't use 'believe' in stock ... haha ..

Posted by Joel > 2014-05-12 14:52 | Report Abuse

I confident with Pmetal.

Posted by 林俊松 > 2014-05-12 16:17 | Report Abuse

Big boy eating Pmetal, but warrant still in red?
4pm push!!!

Posted by kwl8888 > 2014-05-12 16:50 | Report Abuse

PMETAL-LA up 0.28, why mother share only up 0.06???
Hope Wednesday mother share could up another 0.22

Posted by keng88 > 2014-05-12 17:19 | Report Abuse

to day aluminum price more up...

Posted by 林俊松 > 2014-05-12 17:33 | Report Abuse

Pmetal need more push lah~
Selling pressure is still there~

Posted by keng88 > 2014-05-12 21:22 | Report Abuse

To day aluminum market price is very strong, Wednesday pmetal price with going more up...

Posted by 林俊松 > 2014-05-12 21:30 | Report Abuse

I think long term this Pmetal should b able to hit RM4.50 or even RM5~

Posted by 林俊松 > 2014-05-12 21:31 | Report Abuse

Debt reduce as Pmetal-La bond convert to mother shares~

Posted by Joel > 2014-05-12 21:39 | Report Abuse

Lim, I almost saw u everywhere in iInvestors talk.

Posted by 林俊松 > 2014-05-12 21:42 | Report Abuse

I only appear on those counters that I bought, Pmetal, Symlife, Mitrajaya, DKSH & Pintarasjaya~

Posted by Cweed > 2014-05-12 21:44 | Report Abuse

Hi Lim Brunei, so u r here! hehehe! How, yr new portfolio? Ada huat huat? :)

Posted by rchi > 2014-05-12 21:48 | Report Abuse

hahaha,what a rebound in aluminium prices....http://www.kitcometals.com/charts/aluminum_historical_large.html

Posted by Cweed > 2014-05-12 21:50 | Report Abuse

Pmetal do what one? Aluminium kah? I'm also hawking aluminium counters i.e. LBalum

Posted by 林俊松 > 2014-05-12 21:54 | Report Abuse

Good 1~

Posted by rchi > 2014-05-12 21:55 | Report Abuse

cweed,u dun know? pmetal do aluminium billets and ingots,the primary material for everything else,it is the biggest in asean and prime beneficiary of aluminium pr increase. Lbalum only follow taiko pmetal.

Posted by Cweed > 2014-05-12 21:56 | Report Abuse

rchi, ya kah! good, good, I go research abit into it now... thanks!

Posted by Joel > 2014-05-12 22:05 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2014/05/12/SEB-needs-to-raise-generating-capacity-to-7000-MW/

Press Metal Bhd’s aluminium smelter was the first energy-intensive industry in SCORE which commenced operations last year. Also in operation now is Tokuyama’s polycrystaline silicon plant. The third expected to be commissioned soon is OM Materials (Sarawak) Sdn Bhd’s ferro alloy smelting plant, followed by Pertama’s ferro alloy smelter.

Posted by Cweed > 2014-05-12 22:11 | Report Abuse

Thanks, Joel for the link! :)

Posted by Cweed > 2014-05-12 22:12 | Report Abuse

Any TP to share?

Posted by Cweed > 2014-05-12 23:29 | Report Abuse

Hitman, if LBaulm follows Pmetal, n Pmetal went up 6 sen today, but LBaulm dropped, meaning coming Wed Pmetal will go up! Logic or not? Hmmmmmm

Posted by Hitman > 2014-05-12 23:36 | Report Abuse

Cweed, agreed..logic logic..kutnait.

Posted by Cweed > 2014-05-13 00:30 | Report Abuse

Old news , but new to me cos I've just started my research on aluminum industry. So confirmed, price is rising and demand is there.


Published: Wednesday April 16, 2014 MYT 12:00:00 AM
Updated: Wednesday April 16, 2014 MYT 2:36:55 PM
Boost from high aluminium prices

BY JACK WONG

File pic showing the Mukah smelter, which has a main production house that is 750m in length and consumes about 200MW of electricity for its operations.


KUCHING: Rising aluminium prices have given a big lift to Press Metal Bhd’s share performance.

Aluminium prices on London Metal Exchange (LME) jumped 10.5% over the last three weeks, particularly after the exchange lost a lawsuit that forced it to shelve its new warehousing policy.

According to RHB Research, the policy was designed to reduce LME’s deadlocked inventory which many believed was tied to contango financing (carry-over or continuation of fees due to the postponement of payment for and delivery of stock from one account day to the next).

“While we concur that the event may have boosted market sentiment and resulted in an uptick in aluminium prices, we think this coincides with the improving fundamentals of the aluminium industry.

“After almost a decade of capacity curtailment, the moderate growth in demand may finally translate into a supply deficit in the global ex-China market from 2014. This may suggest that the aluminium industry is hitting bottom,” the research house said in a report.

Press Metal, which owns plants in Samalaju Industrial Park, Bintulu and Mukah, has gained more than 30% in its share price which rose to intra-day high of RM3.12 before settling at RM3.08 for a gain of 11 sen with volume of over 2.9 million shares yesterday. Last week, the stock gained a further 38 sen to RM2.90 (versus 52-week low of RM1.78) after putting on 26 sen to RM2.52 a week earlier.

Press Metal’s market capitalisation stood at RM1.59bil.

The company warrants made a hefty gain of 45 sen, or 60%, to close at RM1.21 last Friday, from 76 sen two weeks ago. They were also up 11 sen to RM1.29 yesterday.

RHB Research said while the 10.5% increase in LME aluminium prices might not form a firm uptrend, the new support level would benefit Press Metal’s world-class low-cost smelters. Moreover it said the improved market dynamics were timely as both Press Metal’s Samalaju and Mukah smelters were operating at full steam after the completion of a ramp-up exercise last month.

The two plants have combined installed capacity of 440,000 tonnes annually. The Mukah production was disrupted after a statewide power outage in June last year that damaged the smelting pots. Production has resumed after the completion of reconstruction works recently.

The research house said the two smelters had estimated their combined aluminium production to go up to 405,000 tonnes this year and 435,600 tonnes in 2015, against 290,772 tonnes last year.

“We are also excited about its (Press Metal) recent landmark US$140mil deal with Sumitomo Corp, which the latter took up a 20% stake in Samalaju smelter, implying a standalone valuation of RM2.3bil for this unit,” it added.

Press Metal said it had on April 1 received the provisional cash consideration of RM456.6mil for the stake disposal to Sumitomo.

“We expect the proceeds, together with the coming year’s profit, to pare down Press Metal’s gearing to 0.93 times (by end of financial year 2014) from 1.87 times (as at end-2013), as well as give rise to a RM336.4mil disposal gains that will flow directly to its shareholders fund.

“We also project annual interest cost savings amounting to RM24.4mil from the disposal proceeds,” said the research house.

RHB Research said Press Metal’s Samalaju smelter could save between RM25mil and RM30mil a year in land logistics cost upon the commencement of Samalaju Port, which is adjacent to the smelting plant. The company now uses the further Bintulu Port as its logistic transit point for raw materials and aluminium.

Samalaju Port’s interim facilities are scheduled to be operational this month.

Posted by 林俊松 > 2014-05-13 13:25 | Report Abuse

Today aluminium price rose again.
Tomorrow Pmetal shoot!

Posted by rchi > 2014-05-13 13:35 | Report Abuse

hahaha,lim you are getting euphoric again...not good not good.

Posted by 林俊松 > 2014-05-13 14:08 | Report Abuse

Haha, okok.
I claim down~

Posted by kingdomtan888 > 2014-05-13 14:39 | Report Abuse

#Pray4lim

Posted by Cweed > 2014-05-13 14:59 | Report Abuse

Brunei lim, every counter tat u invest in MUST distribute $ to u everyday yah? ! U must have mistook them for charity organizations..... hehehehe!

I observed...different counters take turn to shoot.... U must really diversify yr portfolio, if u want at least one of them to turn green each day ......hehehehe!

Posted by Elvin Beh Chun Yen > 2014-05-14 02:02 | Report Abuse

every counter he buy also he'll sing praise. once it turns red, he disappears. :)

Posted by tonywong8 > 2014-05-14 05:50 | Report Abuse

From Monday trading report, seller subsided, next cycle of upturn is developed. Rm4.00 is able to realize soon. Target price of Rm4.50.

Posted by 林俊松 > 2014-05-14 13:33 | Report Abuse

Get lost lah loser, Elvin Beh Chun Yen.
This counter going to shoot RM4.50~

Posted by kingdomtan888 > 2014-05-14 13:34 | Report Abuse

Elvin I agreed with u
Once the counter up back he will appear Infront of us
And start to Sing

#pray4lim
Kekekkekeekkemekkekekee

Posted by traderman > 2014-05-14 14:00 | Report Abuse

trend still ok. warrant no longer drop below 1.9 like last week.

Posted by Caveman > 2014-05-14 21:16 | Report Abuse

Hello Everyone ;D. PMETAL-CA issue tomorrow @ 0.15. Hopefully this will excite more movement for all PMETAL shares ;D. Happy Trading ;D.

Posted by 林俊松 > 2014-05-14 21:19 | Report Abuse

How u knw?

Posted by Joel > 2014-05-14 21:30 | Report Abuse

Pmetal-CA issue tomorrow@rm0.15.

Add to Buy Pmetal !

Posted by 林俊松 > 2014-05-14 21:33 | Report Abuse

Aluminium price continue to rise.
Dunno what will happen tomorrow...

Posted by Caveman > 2014-05-14 21:48 | Report Abuse

We are pleased to inform you that Maybank Investment Bank has scheduled to issue 3 European Style

Non-Collateralised Cash Settled Call Warrants namely MAHSING,PRESS METAL BERHAD and SCIENTEX BERHAD to be listed on Thursday, 15 May 2014.



You can buy or sell the call warrants directly via the exchange, the same way you buy and sell your shares.


Details of the three new call warrants are as follows:




MAHSING-CV (8583CV)

PMETAL-CA (8869CA)


SCIENTX-CB (4731CB)


Underlying Reference Asset

MAH SING GROUP BERHAD

PRESS METAL BERHAD

SCIENTEX BERHAD


Issue Size

100,000,000

100,000,000

100,000,000


CW Issue Price

RM0.15


Exercise Price

RM 2.08

RM 3.58

RM 5.68


Exercise Ratio

4 : 1

8 : 1

10 : 1


Listing Date

15 May 2014


Expiry Date

28 May 2015

Posted by Caveman > 2014-05-14 21:48 | Report Abuse

Happy Trading Everyone ;D