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

Joeylee

807 posts

Posted by Joeylee > 2015-05-11 16:55 | Report Abuse

I will wait until it spilts again.. :D

superman11

356 posts

Posted by superman11 > 2015-05-11 16:55 | Report Abuse

nobody wanna sell to me

Jingweihan

1,605 posts

Posted by Jingweihan > 2015-05-12 08:03 | Report Abuse

Today buy again.

洁杰绝

97 posts

Posted by 洁杰绝 > 2015-05-12 09:33 | Report Abuse

today MEGA SALES

superman11

356 posts

Posted by superman11 > 2015-05-12 09:38 | Report Abuse

whacks

洁杰绝

97 posts

Posted by 洁杰绝 > 2015-05-12 09:46 | Report Abuse

Superman11... a lot of panic seller waiting for ur BUY

ivankvs

517 posts

Posted by ivankvs > 2015-05-12 10:21 | Report Abuse

buy when plp are fear and vice versa :P

superman11

356 posts

Posted by superman11 > 2015-05-12 13:45 | Report Abuse

@洁杰绝: great...

Joeylee

807 posts

Posted by Joeylee > 2015-05-12 19:20 | Report Abuse

This coming quarter result is under full running condition if compares to last year quarter report. May out of your expectation. And so on to next coming quarter. Quarter report will be on this month.

Joeylee

807 posts

Posted by Joeylee > 2015-05-12 19:23 | Report Abuse

7.00 again may be spilt.

Joeylee

807 posts

Posted by Joeylee > 2015-05-12 20:43 | Report Abuse

This month aluminium price will be closing at 2000. Next month will be on 2100. Next quarter will be on 2400. Out of expectation.

Jingweihan

1,605 posts

Posted by Jingweihan > 2015-05-12 22:11 | Report Abuse

This qtr result already out mah?

Joeylee

807 posts

Posted by Joeylee > 2015-05-12 22:35 | Report Abuse

This month end

Joeylee

807 posts

Posted by Joeylee > 2015-05-12 22:37 | Report Abuse

Last year quarter was power problem resulted 1/3 in profit. This quarter reflected a true pmetal.

Joeylee

807 posts

Posted by Joeylee > 2015-05-12 22:50 | Report Abuse

Power blackout on august 2012. Startup pot on august 2013. April 2014 only part of the pots running if i not mistaken. Japanese injection on april 2014 too. April 2014 also the month aluminium price moving up. Therefore this quarter is based on full running condition. I do not expect that aluminium price will go up so fast at current situation. The highest at 2800 from previous history. 2500 is already beautiful enough. Koon will give 3 months bonus to all his staffs if aluminium price at 2800.

Joeylee

807 posts

Posted by Joeylee > 2015-05-12 22:52 | Report Abuse

Aluminium price u see it live then u will understand what i predicted.

Joeylee

807 posts

Posted by Joeylee > 2015-05-12 22:58 | Report Abuse

My earliest prediction aluminium price is at 2500 on september 2016. But now seems deviated from my analysis. Each impulse is larger than previous impulse.

Joeylee

807 posts

Posted by Joeylee > 2015-05-12 23:02 | Report Abuse

Above 3.51 only start expanding. It is not 3.70 only..

Joeylee

807 posts

Posted by Joeylee > 2015-05-12 23:04 | Report Abuse

Should be at 7.00

ivankvs

517 posts

Posted by ivankvs > 2015-05-12 23:39 | Report Abuse

Sell in May, go Holiday . I have clear all my position before travel to China this morning 7am. Good luck , guys!

Joeylee

807 posts

Posted by Joeylee > 2015-05-13 06:49 | Report Abuse

The current drop came from ivankvs.. no wonder

Jingweihan

1,605 posts

Posted by Jingweihan > 2015-05-13 08:12 | Report Abuse

Sokong Joeylee!

8u29song

2,709 posts

Posted by 8u29song > 2015-05-13 16:24 | Report Abuse

sokong Pmetal !!!

Posted by Jeremy Ong > 2015-05-13 16:43 | Report Abuse

3.5 up up up !

Jingweihan

1,605 posts

Posted by Jingweihan > 2015-05-14 10:36 | Report Abuse

Sokong sokong

8u29song

2,709 posts

Posted by 8u29song > 2015-05-14 15:27 | Report Abuse

sotong, sotong !!!

Jingweihan

1,605 posts

Posted by Jingweihan > 2015-05-14 19:27 | Report Abuse

Director also sokong

Jingweihan

1,605 posts

Posted by Jingweihan > 2015-05-14 21:17 | Report Abuse

Tomorrow will buy again.

kinrara

31 posts

Posted by kinrara > 2015-05-14 22:08 | Report Abuse

Buy ... the one and only aluminum smelting plant in the region.

Jingweihan

1,605 posts

Posted by Jingweihan > 2015-05-15 12:54 | Report Abuse

2.97 in

simonc

111 posts

Posted by simonc > 2015-05-15 13:37 | Report Abuse

Investors have been selling Press Metal Bhd’s shares in recent months amid fears of an aluminium glut. Its share price fell from RM3.60 in September to RM2.98 on May 14. However, the company’s fortunes have taken a turn for the better and it faces a happy problem – it can’t cope with rising demand for its aluminium products. Its plant is running at full capacity and it is ramping up production.

Press Metal, Southeast Asia’s largest primary aluminium producer, also posted a solid set of results for FY14 and looks set to enjoy a further upside in a price upcycle.

Though investors had been dumping its shares, group CEO Datuk Paul Koon Poh Keong remains undeterred and wants to carry on with a RM5.5 bil expansion plan. This will help Press Metal make its mark on the world stage not only as the largest aluminium smelter in the region but also one of the biggest in the world.

Once contribution from the new capacity kicks in next year, Press Metal is likely to breach RM6 bil in revenue, assuming aluminium prices remain at current levels.


For the full story, please subscribe to Focus Malaysia.
- See more at: http://focusmalaysia.my/Mainstream/Press%20Metal%20ups%20the%20ante#sthash.Dqc2FKIQ.dpuf

Jingweihan

1,605 posts

Posted by Jingweihan > 2015-05-16 09:02 | Report Abuse

Buy when it still under 3.00

spear

316 posts

Posted by spear > 2015-05-16 11:04 | Report Abuse

Competitive advantage of low cost model and global export network, aluminium price rundown can be a good opportunity to eliminate weaker peers and increase market share. BUY!

Posted by Equityengineer > 2015-05-16 14:46 | Report Abuse

Under 3.00 is a steal .. Next week divident ex date

Vaylens Chong

1,120 posts

Posted by Vaylens Chong > 2015-05-16 14:47 | Report Abuse

Press metal = press aluminium :)

jolie2

2,039 posts

Posted by jolie2 > 2015-05-16 16:23 | Report Abuse

limited upside ,

spear

316 posts

Posted by spear > 2015-05-16 18:24 | Report Abuse

sapu saja lah, i already all in...

Jingweihan

1,605 posts

Posted by Jingweihan > 2015-05-16 19:51 | Report Abuse

Limited downside

Jingweihan

1,605 posts

Posted by Jingweihan > 2015-05-17 20:54 | Report Abuse

No regrets ! No retreat!!

simonc

111 posts

Posted by simonc > 2015-05-18 13:16 | Report Abuse

the bad news have already been priced in ...u can see the RSI < 30. Do read the latest updates:

http://www.benzinga.com/analyst-ratings/analyst-color/15/05/5467762/is-aluminum-on-the-rebound

Jingweihan

1,605 posts

Posted by Jingweihan > 2015-05-18 18:19 | Report Abuse

Take all the profit from krono. All in here!

Posted by Equityengineer > 2015-05-18 18:43 | Report Abuse

KRONO also good company... Why take profits so fast .. Anyway PMETAL still lagging but I still belive in the recovery soon ..

Jingweihan

1,605 posts

Posted by Jingweihan > 2015-05-18 19:28 | Report Abuse

To me beside pmetal all are side dishes.

Jingweihan

1,605 posts

Posted by Jingweihan > 2015-05-18 21:33 | Report Abuse

Aluminium price keep dropping.
Another side dish wintoni

ivankvs

517 posts

Posted by ivankvs > 2015-05-18 21:58 | Report Abuse

^_^

Posted by Equityengineer > 2015-05-19 10:58 | Report Abuse

Hi , If have 20lots how much would be teh divident , izzit 1200rm

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