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 6 days ago

genesis81

348 posts

Posted by genesis81 > 2015-04-28 21:43 | Report Abuse

fortunebullz, how much u bought and at what price?

Jingweihan

1,605 posts

Posted by Jingweihan > 2015-04-28 23:38 | Report Abuse

Pmetal has it supporter, don worry, buy call

Vaylens Chong

1,120 posts

Posted by Vaylens Chong > 2015-04-28 23:46 | Report Abuse

almost "done"

Posted by anonymousinvestor > 2015-04-29 00:11 | Report Abuse

LME1862

Posted by anonymousinvestor > 2015-04-29 00:13 | Report Abuse

if not bcoz of the china export tax issue, some how i think it fly all the way north ad... this make me think the china export tax exemption is picked at the right time when they think Al price is picking up

genesis81

348 posts

Posted by genesis81 > 2015-04-29 00:25 | Report Abuse

any expert here to analyze the result?

alphajack

3,685 posts

Posted by alphajack > 2015-04-29 01:29 | Report Abuse

LOL the warrants expire today totally destroyed in just one week..I see Macquarie doing their job well :)

tianjin

468 posts

Posted by tianjin > 2015-04-29 07:39 | Report Abuse

Alluminium price closed @ USD 1873 per MT on 28th April , up 2.02% ( USD 37 per MT ) 4 days in a row ( 23th,24th, 27th & 28th ) alluminium,s price gained USD 80 per MT ( 22nd's closing price was USD1793 per MT ) after the day AmResearch released report on 22nd April that China abolished export tax on alluminium but without high-lighting only certain specification / sizes will enjoy the tariff cut ( how unprofessional ), the question here is , " Are there any hidden agenda for AmResearch to throw out a half true report on alluminium future market scenario ?

Posted by fresh investor > 2015-04-29 09:04 | Report Abuse

for sure, today will shoot up...

adrian0229

223 posts

Posted by adrian0229 > 2015-04-29 09:18 | Report Abuse

red again on today? i was expecting green

ivankvs

517 posts

Posted by ivankvs > 2015-04-29 10:09 | Report Abuse

Timing, passion, and good stock selection are keys success in investment. Stay tuned.

tianjin

468 posts

Posted by tianjin > 2015-04-29 10:50 | Report Abuse

Agreed with ivankvs , Q1 financial result should be out by 4th week May .

VIWizard

780 posts

Posted by VIWizard > 2015-04-29 11:41 | Report Abuse

after market correction over. pmetal will fly!

VIWizard

780 posts

Posted by VIWizard > 2015-04-29 12:22 | Report Abuse

kenanga and rhbosk has more big clients hahahahaha

robert168

558 posts

Posted by robert168 > 2015-04-29 12:27 | Report Abuse

don't get fool by those fund manager... they can just simply came out with research report and let you panic... whoever sold bcz of that new.. sorry to say u will regret soon ..

cheers ~~~

ivankvs

517 posts

Posted by ivankvs > 2015-04-29 17:52 | Report Abuse

Tianjin , u are right. Q1 result coming soon with target dividend 3-8sen/share depending on Company performance.

ivankvs

517 posts

Posted by ivankvs > 2015-04-29 17:56 | Report Abuse

Lately saw a lot of PMETAL-WC converted into PMETAL.
29.04.2015 : 2,618,100

The conversion came with total cost above the direct purchase into PMETAL. Hence, I expected the (i) coming quarter will declare a dividend based on historical , and (ii) share price tend to above RM3 upon result is out soon.

Find free to comments, if any. TQ

8u29song

2,709 posts

Posted by 8u29song > 2015-04-29 18:36 | Report Abuse

aiyo, besok beli sikit kasi simpan lor !

Posted by Unbeatable Nick > 2015-04-29 20:57 | Report Abuse

power tariff for sarawak reduced. good for press metal?

Jingweihan

1,605 posts

Posted by Jingweihan > 2015-04-29 21:48 | Report Abuse

Good. Buy

ivankvs

517 posts

Posted by ivankvs > 2015-04-29 23:23 | Report Abuse

Nick, I guess no significant impact as PMETAL has signed a PPA with SEB for power purchased. One catalyst in PMETAL is Salamaju Plant3 will start operating in Nov'15; which will increase it's production, revenue and PAT.

genesis81

348 posts

Posted by genesis81 > 2015-04-29 23:25 | Report Abuse

ivankvs, agree with you. but nevertheless, i think overall market sentiment is bad.

ivankvs

517 posts

Posted by ivankvs > 2015-04-29 23:43 | Report Abuse

The additional power allocation will be made in two stages – the first drawdown of 330MW will start in end-2015, while the remaining 170MW will be drawn down from early-2018 onwards.

ivankvs

517 posts

Posted by ivankvs > 2015-04-29 23:46 | Report Abuse

Press Metal’s conditional sales and purchase agreement with Sumitomo Corporation:

·Construct at least 300 aluminium smelting pots, of which at least 290 pots are fully operational;

·Achieve a mean average daily production capacity of not less than 852 tonnes in the rolling 30-day period, and

·Maintain electrical power consumption with a mean average of below 14,000 kilowatt hour/tonne in the rolling 30-day period.

ivankvs

517 posts

Posted by ivankvs > 2015-04-29 23:47 | Report Abuse

Unconfirmed source : Press Metal is only paying a tariff of 10.5 sen per KwH

https://hornbillunleashed.wordpress.com/2014/10/23/64992/

ivankvs

517 posts

Posted by ivankvs > 2015-04-29 23:50 | Report Abuse

Not mean for SPAM this blog. Just for sharing the FACTs.

Find free to comments & let us learn together.

ivankvs

517 posts

Posted by ivankvs > 2015-04-29 23:56 | Report Abuse

Can PMETAL buy back the shares from market ?

2) Do they have the financial to do so?

Posted by Unbeatable Nick > 2015-04-30 00:00 | Report Abuse

tks Ivan for the info

Jingweihan

1,605 posts

Posted by Jingweihan > 2015-04-30 07:42 | Report Abuse

Directer already bought some shares last month

tianjin

468 posts

Posted by tianjin > 2015-04-30 08:35 | Report Abuse

Alluminium price continue up trend to closed higher by 0.53% ( USD 10 per MT ) to USD 1883 per MT .

ivankvs

517 posts

Posted by ivankvs > 2015-04-30 09:21 | Report Abuse

Hopefully banker is back for real @ 2.83 . . .

ivankvs

517 posts

Posted by ivankvs > 2015-04-30 09:21 | Report Abuse

Jingweihan, directors/ founder has asked for approval to deal during “closed period” / within 30days before the result is out . He will buy more. I guess.

Posted by anonymousinvestor > 2015-04-30 09:33 | Report Abuse

i think the LME Al will break 1900

tianjin

468 posts

Posted by tianjin > 2015-04-30 10:14 | Report Abuse

ivankvs , major shareholder CEO Paul Kon converted approx. 220mil Pmetal loan stock to mother share early this year giving up 6% per annum interest , furthermore , he need to add rm 1.00 or rm 1.10 ( I can't remember the actual conversion rate , plz check ) meaning he n his family gave approx. rm 13mil of interest per year as income but not only that , he needs to throw rm 200+ mil for the conversion , that's show how confident he had in this company .

chome

19 posts

Posted by chome > 2015-04-30 10:16 | Report Abuse

“Unconfirmed source : Press Metal is only paying a tariff of 10.5 sen per KwH ”

This was covered in the Busy Weekly report i mentioned earlier. They signed a deal for 25 years with the authority. This is one of the reasons why PMetal can maintain a low cost operation compare to other competitor. On top of that, their plant in Sarawak is near to a port indirectly reduce the cost of transportation for exporting.

ivankvs

517 posts

Posted by ivankvs > 2015-04-30 14:36 | Report Abuse

tianjin - thanks for the sharing .

8u29song

2,709 posts

Posted by 8u29song > 2015-04-30 14:51 | Report Abuse

nanti bulan mei ada baguk kah ?

8u29song

2,709 posts

Posted by 8u29song > 2015-04-30 14:55 | Report Abuse

saya orang miskin misti kasi tolong lar...

tianjin

468 posts

Posted by tianjin > 2015-04-30 16:36 | Report Abuse

Current spot price trading @ USD 1893.50 up 0.53 % ( USD 10.50 PMT )

ivankvs

517 posts

Posted by ivankvs > 2015-04-30 17:34 | Report Abuse

Tianjin, would you mind to share with me your source? TQ

林俊松

6,893 posts

Posted by 林俊松 > 2015-04-30 22:24 | Report Abuse

Next week Pmetal shoot up like Myeg today!!!
Aluminum price already up so much, just the matter of time to explore!!!

Posted by anonymousinvestor > 2015-05-01 00:29 | Report Abuse

I ad said, Al price broke 1900

Jingweihan

1,605 posts

Posted by Jingweihan > 2015-05-01 00:38 | Report Abuse

As I said . Buy

robert168

558 posts

Posted by robert168 > 2015-05-01 09:28 | Report Abuse

1921 per ton... Lol !!! Whoever sold at low price must be crying now... Rocket is ready to take off... Trade on yr own choice not on the bad news..

Cheers~~~

Posted by Elvin Beh Chun Yen > 2015-05-02 21:59 | Report Abuse

in 1 week, aluminium price went up 100 dollars. Hahahahaha!!!!

tjhldg

27,218 posts

Posted by tjhldg > 2015-05-02 22:07 | Report Abuse

Kikikikikiiii

Hi Alexander ... Long time no see :)

Cheersssssss

林俊松

6,893 posts

Posted by 林俊松 > 2015-05-02 23:45 | Report Abuse

tjhldg, this is Pmetal a good stock to hold?

xenolover

414 posts

Posted by xenolover > 2015-05-02 23:47 | Report Abuse

master of bared hand katana catcher here... just picked up this fallen katana on road-side last thursday

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