PRESS METAL ALUMINIUM HOLDINGS BERHAD

KLSE (MYR): PMETAL (8869)

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Last Price

5.35

Today's Change

+0.05 (0.94%)

Day's Change

5.26 - 5.35

Trading Volume

3,118,800


18 people like this.

15,895 comment(s). Last comment by Augustine 6 days ago

telusdansuci

1,692 posts

Posted by telusdansuci > 2015-05-29 10:00 | Report Abuse

Terima kasih banyak-banyak atas keperihatin awak , ivankvs kerana sudi memberitahu kami .

turbo88

126 posts

Posted by turbo88 > 2015-05-29 15:11 | Report Abuse

sell sell sell...before it drops...

Joel

4,580 posts

Posted by Joel > 2015-05-29 20:32 | Report Abuse

NEWS OUT tonight !

http://biz.sinchew.com.my/node/116413?tid=6

PRESS METAL is one of the Great stocks in Syariah !

Joel

4,580 posts

Posted by Joel > 2015-05-29 20:50 | Report Abuse

PRESS METAL 其中的一支被入围的清真股!

peanuts

34 posts

Posted by peanuts > 2015-05-29 23:46 | Report Abuse

Sell sell... Stop operation 1 month still need to pay million dollar electricity (whether u consume or not) labour cost and other overhead put a side 1st.. Loan interest & repayment? No goods deliver to customer no need compensate?

veln82k6

914 posts

Posted by veln82k6 > 2015-05-30 01:51 | Report Abuse

company got keep stocks no need to worry. Just fixed cost only.. Cash flow is strong so 1 month should not be a big problems.

Posted by 360Capitalist > 2015-05-30 11:43 | Report Abuse

Peanuts, I am fully agree with your views.
We are here to share our views and help our members here to make a informed investors. Based on current prevailing aluminium price range, the operational profit should be around RM28mil or lesser before taking into consideration of losses from fixed operating costs and expenditures. (By referring to aluminium price range and historical quarterly report ended March 31, 2013). It will definitely jeopardise the cash-flow of the company and additional capital outlay on new plant expansion. Bear in mind, the complete resume of production will take longer than 1 month to fully operational mode. The urgency of the situation has force BOD to pass resolution to have share buy-back scheme which will further depressing the company ability to pay dividend. We expect the company to raise more funds via loans or right issue to meet its cash-flow requirements for plant expansion.

rizerlee

752 posts

Posted by rizerlee > 2015-05-30 11:46 | Report Abuse

http://www.theedgemarkets.com/my/article/aluminium-set-biggest-monthly-loss-2-12-yrs-supply-glut

Global aluminium price drop due to supply glut.
China's export to global market keep increasing.

North Asia country import aluminium from China factory may save in transportation cost as well.
They seems more competitive than Pmetal even though Pmetal choose Bintulu to cut transportation cost.

ivankvs

517 posts

Posted by ivankvs > 2015-05-30 13:24 | Report Abuse

Thanks for sharing :D .

Posted by Unbeatable Nick > 2015-05-30 13:28 | Report Abuse

Pmetal really suay with the falling aluminum price, bearish market and factory fire all at once, otherwise good company,,,,,zzzzzz

slts

2,187 posts

Posted by slts > 2015-05-30 14:07 | Report Abuse

no suay just nice
like last year factory shut for
9 mths due to power disruption
than big bull all the way
even if alu price up now
also no point cos mkt very bearish
good news during bear mkt is no news
ppl also dont buy

洁杰绝

97 posts

Posted by 洁杰绝 > 2015-05-30 14:08 | Report Abuse

Real Industry Real Economy Real Challenge

telusdansuci

1,692 posts

Posted by telusdansuci > 2015-05-31 12:15 | Report Abuse

Don't be too emotional when came to stocks investments. We should harness our emotions. When we are holding good stocks don't be panic because whatever goes down it will eventually go up again and so and so . Don't blindly believe all those noises and predictions of strangers .If we cannot predict the mood swings of our wife or husband tomorrow , how can we predict the share market going .

Posted by 360Capitalist > 2015-05-31 18:36 | Report Abuse

The massive changes of Aluminium Industry from Supply Shortage to Supply Glut recently has alert us to adapt a more cautions approach. It is a hard fact that the industry landscape has shifted from suppliers driven to buyers driven market. This can be examined by looking at aluminium prices decreasing sharply and cash premium dropping for more than 50%. The stock analysts that covered Press Metal Berhad had also shifted their stand from Buy Call to Hold, I believe with the drop in profit or losses from coming quarterly report, it will prompt stock analyst to make a cut or sale call. Just before they make the sale call, they will slowly unload the shares, this can be traced from the price chart showing the downtrend even before the fire accidents.

telusdansuci

1,692 posts

Posted by telusdansuci > 2015-06-01 09:57 | Report Abuse

Pmetal is a company that can protect itself against competitors because the company has strong sustainable competitive advantage and make high quality aluminium to build its own customers .

Posted by 360Capitalist > 2015-06-01 10:39 | Report Abuse

If before China abolished tax, I am agreed. But with price war intensify, all will suffer with zero margin or at losses as you can't stop production as resuming operation will incur moreset-up cost. Time will tell ...

ivankvs

517 posts

Posted by ivankvs > 2015-06-01 12:58 | Report Abuse

In an interview before the release of the updated list last Friday, Press Metal chief executive officer (CEO) Datuk Paul Koon Poh Keong revealed that the Islamic community was keen on the stock, which fell off the syariah-compliant list following the SC’s biannual review in December 2013.

“We do hear when we engage with some of the funds that they are interested in us but they can only invest in syariah-compliant companies,” he said, adding that the company had thus expanded efforts to be syariah-compliant


http://www.theedgemarkets.com/my/article/companies-syariah-list-feel-heat?type=Markets

telusdansuci

1,692 posts

Posted by telusdansuci > 2015-06-01 21:03 | Report Abuse

Including or excluding from syariah complaint list or not its doesn't matter as long as the company can protect itself against competitors and has strong sustainable competitive advantage and make high quality aluminium that is more than enough . 0ne day the time will proof and tell... Actually nothing much to be worry about the small fire which happen to the company . Remember whatever goes down it will eventually go up again . The important things is to make a share buy back first before the company buy its share back .

Kim

4,157 posts

Posted by Kim > 2015-06-02 11:17 | Report Abuse

2.70 range today. its a BUY

Jingweihan

1,605 posts

Posted by Jingweihan > 2015-06-02 15:19 | Report Abuse

What now?

Joel

4,580 posts

Posted by Joel > 2015-06-02 15:25 | Report Abuse

鋁價三天中第二次上漲 市場看好中國需求攀升!
一个字:买PRESS METAL

Joel

4,580 posts

Posted by Joel > 2015-06-02 15:32 | Report Abuse

Today price to go rm2.80!

Joel

4,580 posts

Posted by Joel > 2015-06-02 15:37 | Report Abuse

有Share Buy Back 和纳入清真股=PRESS METAL。

Kim

4,157 posts

Posted by Kim > 2015-06-02 15:44 | Report Abuse

Last Buy Call.. vroommm

Joel

4,580 posts

Posted by Joel > 2015-06-02 15:47 | Report Abuse

负面消息已过。

Joel

4,580 posts

Posted by Joel > 2015-06-02 15:47 | Report Abuse

如同今日的MALAKOFF。

Joel

4,580 posts

Posted by Joel > 2015-06-02 16:29 | Report Abuse

PRESSMETALcampany collected buy back share everyday。

Joeylee

807 posts

Posted by Joeylee > 2015-06-02 17:48 | Report Abuse

I fill up most of 2.61price... hahaha...superb pmetal....

Joeylee

807 posts

Posted by Joeylee > 2015-06-02 17:57 | Report Abuse

Buyback gives hope.. now buyback seems another story. Do not want to share anymore the story.

happy123

213 posts

Posted by happy123 > 2015-06-02 18:08 | Report Abuse

are you sure coy started share buy-back? is supposed to vote during the AGM to allow up to 10% share buy back

telusdansuci

1,692 posts

Posted by telusdansuci > 2015-06-02 19:46 | Report Abuse

For me i will buy on company that practise share buy-back because they is giving out signals that its SHARE price will going to soar in the near future and also to make the SHARE price become more attractive and valuable .

Kim

4,157 posts

Posted by Kim > 2015-06-03 01:04 | Report Abuse

Watchout tmw.. got good one coming.. goodluck all.

happy123

213 posts

Posted by happy123 > 2015-06-03 07:30 | Report Abuse

Is common for coy to have share buy back mandate and needs share holder approval every year. Coy may not necessarily buy back after approval. Share buy back will only temp support the price, ultimately it is still depends on the fundamental and performance of the coy

happy123

213 posts

Posted by happy123 > 2015-06-03 07:33 | Report Abuse

I have huge holding in this coy, despite the current price slide and loss in currency exchange, I m still having a good returns

Joeylee

807 posts

Posted by Joeylee > 2015-06-03 08:11 | Report Abuse

2.50 i do not want it. 2.60 just perfect. Target 5.xx above is possible. Aluminium price pattern has a change. Hahaha..

Joel

4,580 posts

Posted by Joel > 2015-06-03 08:28 | Report Abuse

U
R
right,
joeylee!

Joeylee

807 posts

Posted by Joeylee > 2015-06-03 09:08 | Report Abuse

Aluminium price looks like dying but not actually weak. Price until september remains in 1700 above. Cannot be 1600.. do u know zigzag ?

Joeylee

807 posts

Posted by Joeylee > 2015-06-03 09:28 | Report Abuse

Pmetal still maintain good profit margin for price 1700. China operation cost is at 1700 but not pmetal. Pmetal is lower than what u expected. Hahaha..

Joeylee

807 posts

Posted by Joeylee > 2015-06-03 09:37 | Report Abuse

Hopefully more buyback from paul koon. Still weak sentiment due to next report.if no price still can drop below 2.50...at least paul buyback from 2.60 to 3.00.

Joeylee

807 posts

Posted by Joeylee > 2015-06-03 09:43 | Report Abuse

At least i still have 15% profit from 2.60 to 3.00 under 2 months. Better than fixed deposit or insurance. Hahaha..

ivankvs

517 posts

Posted by ivankvs > 2015-06-03 09:46 | Report Abuse

^_^

Kim

4,157 posts

Posted by Kim > 2015-06-03 11:36 | Report Abuse

Dont miss the boat huhu..lai

khoin

59 posts

Posted by khoin > 2015-06-03 11:55 | Report Abuse

huhu... I boarded already~~ la la la

Kim

4,157 posts

Posted by Kim > 2015-06-03 14:30 | Report Abuse

2.80+ range anytime.. insider ring the bell.. lets see..

khoin

59 posts

Posted by khoin > 2015-06-03 16:41 | Report Abuse

the bell is broken now?

Joel

4,580 posts

Posted by Joel > 2015-06-03 20:58 | Report Abuse

profit taking.

Joeylee

807 posts

Posted by Joeylee > 2015-06-03 22:19 | Report Abuse

Retrace back is a good point to buy in. Signal was on tuesday.

Joeylee

807 posts

Posted by Joeylee > 2015-06-03 22:21 | Report Abuse

So early profit taking..at least hold until 2 months..

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