Posted by rizerlee > 2015-08-04 14:29 | Report Abuse

rubber use to manufacturing tire price slip
Aluminium use to manufacturing rim will survive ?

http://www.theedgemarkets.com/my/article/rubber-set-bear-market-china-slowdown-worsens-oversupply

Posted by rizerlee > 2015-08-05 14:57 | Report Abuse

wall street journal news regarding aluminium.
Pmetal's phase 3 maybe make thing worst.

http://www.wsj.com/articles/chinas-aluminum-producers-stare-down-price-plunge-1438686345

Posted by yokekhong > 2015-08-07 12:09 | Report Abuse

when people on the street panic selling, that is the good time to buy!

Posted by gift > 2015-08-07 12:55 | Report Abuse

The future of PMetal is still very promising. I recommend to BUY now.

铝价虽疲软‧国际需求高 齐力业绩下半年会更好
财经新闻
财经
2015-06-19 08:12


（八打灵再也18日讯）尽管铝价表现疲软，但是国际需求强劲，齐力（PMETAL，8869，主板工业产品股）凭着自身优势，估计业绩在下半年会更好。
齐力总执行长拿督管保强，今天在股东大会的记者会上说，该公司对铝价还是有信心。
原产品价格进入低迷周期，伦敦金属交易所（LME）的铝价，自去年杪开始走跌，目前落在每公吨1800美元左右，不过，身为东南亚最大的铝锭冶炼商，管保强看好铝价很快会回稳。
“全球对铝的需求还是强劲，单单在日本、韩国、台湾及东南亚，需求量高达6至700万吨，我们和印尼生产商的产能，加起来也不过100万吨左右，这个市场绝对没有饱和。”
“而且，目前铝价是不合理的。铝价是影响公司业绩的关键。”
“我们的优势是维持低营运成本和高效率，因此仍可保持竞争力，达到可观的利润。”
此外，砂拉越提供的10年免税优惠，加上电力资源充足，生产基地地理位置优越，因此，他对公司的前景充满信心。
目前砂拉越冶炼厂的产能为44万吨，随着第三期扩充计划年杪完工，届时可额外提供32万吨产能，将总产能推高至76万吨。
提高增值品产量
齐力也计划透过增值产品的产量，提高该项业务对盈利的贡献。
目前，增值产品贡献了约30%盈利，该公司计划提高至将近50%。
管保强说：“我们要增加我们的增值产品，而不仅仅是改善赚幅而已。”
齐力的其中一项增值产品，就是铝合金轮辋，产品素质已经达到韩国及欧洲的标准。
另一方面，针对中国取消特定铝制品的出口税，管保强指出，中国的措施并没有对铝市场造成任何显著的影响。
他说，虽然中国取消出口税，但是铝原料仍须缴付17%的增值税（VAT），出口成本提高，所以不可能会大量涌入国际市场。
至于美元强劲令吉疲软，齐力将会受惠赚幅扩大，因为公司出口业务多以美元计算。
他说，虽然购买原料是以美元交易，但公司在本地生产，营运成本以令吉计算，所以还是从中获利。http://www.nanyang.com/node/707605?tid=462

Posted by Enilec Mak > 2015-08-07 16:26 | Report Abuse

yup...buy more, that's the spirit.. and when it drops further, we buy some more caused it is under valued. Then when we no longer can afford to buy any more and it drops further..we tell ourselves, it is a stock for the long haul. Good fundamentals etc...No worries. It will eventually go up...Yup, that's the way to play the stock market...

Posted by Enilec Mak > 2015-08-07 16:30 | Report Abuse

Err....but then again how do we know it is a good stock...???...Oh ya... cause we read newspapers and trade magazines, analysts reports..From our in-depth analysis from all this reading, we conclude that this stock is a sure win... A multiple bagel...Ya...We are all so smart, aren't we ??

Posted by nichin47 > 2015-08-11 11:37 | Report Abuse

bought at 2.68 months ago, speechless! are u guys still holding?

Posted by turbo88 > 2015-08-11 11:58 | Report Abuse

"Gift" says above "...The future of PMetal is still very promising. I recommend to BUY now. "... when it was trading at 2.50. So by his astute investment advice, now at 2.11, we should throw the kitchen sink in as well.....

Posted by dl60 > 2015-08-11 12:34 | Report Abuse

"Gift" comment was based on outdated news published 2 mths ago... With highly fluctuating commodity price nowadays, 1 day event can throw the analysts' comment into rubbish bin.

Posted by winston1 > 2015-08-11 12:48 | Report Abuse

In a market downturn, commodities will be wort hit

Posted by gift > 2015-08-11 15:25 | Report Abuse

When the price high, people say overvalue, don't dare to buy. When the price low, people say very risky, don't dare to buy as well. I recommend GARP theory by Peter Lynch. Grow in A Reasonable Price (GARP). I don't think you guys can make big money by buy high sell low. Current price has reflected the low aluminium price issue in an unreasonable price drop.

You may just cut loss and sell now if you don't agree, no need to comment me such way. But, this will not help you to get any good return as a speculator.

Go ahead and do what you usually do as a speculator.

Posted by telusdansuci > 2015-08-11 15:54 | Report Abuse

Jatuh sikit-sikit tapi kalau naik satu kali Rm 0.30 . Ini bukan cakap gurau . Peluang keemasan sudah tiba bagi saya . Mesti rebound punya , tengok .

Posted by Jeremy Ong > 2015-08-11 16:27 | Report Abuse

AMITOFU.. ALELUYA ..

Posted by turbo88 > 2015-08-11 17:17 | Report Abuse

time to buy more ?.... I better think twice. 2Q results to be announced soon...Most likely significant losses...USD/MYR depreciates so much oredi....bet the price would drop further after that results out...

Posted by Haifahitcher99 > 2015-08-12 10:06 | Report Abuse

Aluminium price drops sharply due to weak commodity prices.the 2Q results does not look good.

Posted by supernova > 2015-08-12 10:09 | Report Abuse

RM7 to rm2, wat lulz is this

Posted by Enilec Mak > 2015-08-12 11:11 | Report Abuse

if 2Q results out now....my view the drop will be horrendous...

Posted by 360Capitalist > 2015-08-12 11:20 | Report Abuse

I had warmed investors to clear at RM3.40. Commodity prices not bottom yet, nothing much can do now,

Posted by cm > 2015-08-12 11:26 | Report Abuse

"RM7 to rm2, wat lulz is this"
remember, there is bonus issue, therefore cannot use RM7 as a top
to be correct is 3.5

Posted by apanama > 2015-08-12 11:28 | Report Abuse

Ya lor..PRESS METAL..waktu down mesti teruk..press..after too much press..mental..hahaha..

Posted by Hulk > 2015-08-12 11:29 | Report Abuse

supernova...don't make other panic....as said by cm, is the bonus issues thing.

Posted by Enilec Mak > 2015-08-12 12:04 | Report Abuse

ex bonus /cum bonus all moot point...whoever holds on to this stock make losses unless u bought it prior to the run up, more than 1 year ago....I would suggest all to read 360Capitalist comments, and cross reference it to the historical price movement. His comments are worth heeding.

Posted by winston1 > 2015-08-12 12:15 | Report Abuse

More blood will be in the street

Posted by genesis81 > 2015-08-12 12:39 | Report Abuse

Time to cool down

Posted by genesis81 > 2015-08-12 15:00 | Report Abuse

Wtf.. even worse.. tomorrow if gdp announcement bad... we better jump from klcc

Posted by happy123 > 2015-08-12 15:00 | Report Abuse

Pick up 50k shares at 1.82

Posted by Alex Chong > 2015-08-12 15:23 | Report Abuse

Don't go in first, i just heard an advise from a commodity specialist that the recent currency war at China just started, commodity price go will down the hill. How low? Everyday is new low. If you have a lot to leverage and strong holding power, just buy and keep for 5 to 10 years may be?!

Posted by Haifahitcher99 > 2015-08-12 15:41 | Report Abuse

The Scenerio of 2008 Global Financial Crisis may repeat.

Posted by winston1 > 2015-08-12 15:56 | Report Abuse

More like repeat of 1997/1998 with currency crises thrown in.

Posted by Jeremy Ong > 2015-08-12 16:38 | Report Abuse

everything is about the najib najib najib ..

Posted by Unbeatable Nick > 2015-08-12 20:03 | Report Abuse

net profit down more than 50%, tmr no eye see

Posted by rizerlee > 2015-08-12 21:56 | Report Abuse

China let their RMB depreciate will make China alumminium factory export more product to market
And Pmetal 2nd quarter report maybe not ideal as factory accident and caused production halted 1month

Posted by TengkuFaisal > 2015-08-12 21:59 | Report Abuse

smell like it, looks like it. it must be it.


Haifahitcher99
88 posts
Posted by Haifahitcher99 > Aug 12, 2015 03:41 PM | Report Abuse

The Scenerio of 2008 Global Financial Crisis may repeat.


winston1
91 posts
Posted by winston1 > Aug 12, 2015 03:56 PM | Report Abuse

More like repeat of 1997/1998 with currency crises thrown in.

Posted by rizerlee > 2015-08-12 22:00 | Report Abuse

Malaysia export many Bauxite to China
Ringgit depreciate making them more competitive

Posted by happy123 > 2015-08-12 23:05 | Report Abuse

On the contrary, not too bad with the recent sold up. Tomorrow should see a rebound

Posted by Lollipot Anison > 2015-08-12 23:20 | Report Abuse

profit shrink half... tml bloodshed

Posted by lian998 > 2015-08-13 23:10 | Report Abuse

tomorrow gap down ?

Posted by hockhuat > 2015-08-13 23:12 | Report Abuse

yes...gap down next support 1.50

Posted by rizerlee > 2015-08-14 01:56 | Report Abuse

Aluminium price is 1550 now
Any idea whether it can hold 1500?

Posted by davehoo > 2015-08-14 09:32 | Report Abuse

rizerlee, my view is no:

1. china has allowed aluminium ingots and billets to be exported out with duties exempted as its economy isn't strong enough to absorb the excess aluminium. This will continue to contribute excess aluminium into the market.
2. lme is gradually reducing its warehouse queue issue which had caused high premium. Hence, aluminium producers won't enjoy premium of US$400-500 anymore. Today, they probably receive less than half of that amount.
3. aluminium production overcapacity is still an issue worldwide.
4. The growth of aluminium demand has been slowing down.

Source: my 2 cents

Posted by rizerlee > 2015-08-15 14:53 | Report Abuse

hi Dave

thanks for sharing
I'm agree with your opinion

Posted by turbo88 > 2015-08-17 11:11 | Report Abuse

hi... "gift"... what should we do now ?....

Posted by rizerlee > 2015-08-19 14:24 | Report Abuse

turbo88

PMETAL price rise because of continuous aluminium price hike
but now commodity price keep dropping and China factory's export of Aluminium keep rising
Maybe has to wait for the commodity price stable before go in again.

Posted by telusdansuci > 2015-08-19 15:50 | Report Abuse

Dare to buy now before its price skyrocket .

Posted by 360Capitalist > 2015-08-20 14:17 | Report Abuse

telusdansuci, The landslide of aluminium prices will take longer period to recover. No signs of bottom yet,

Posted by telusdansuci > 2015-08-20 15:37 | Report Abuse

Please inform me if you get some signs of bottom . Thank you sir and i really salute you .

Posted by Ven Felix > 2015-08-21 10:17 | Report Abuse

No hurry for this sector, juz chk the OP for its new plant bfore hop in. Of course hw is the impact from lowering of Alum. Commodity compare to its increasing product.

Posted by 360Capitalist > 2015-08-21 14:18 | Report Abuse

telusdansuci, we may see further downside until aluminium price hit USD1350 to 1380..

Posted by winston1 > 2015-08-21 14:53 | Report Abuse

More downside for commodities. Crude oil at USD40.30 now

Posted by telusdansuci > 2015-08-28 22:20 | Report Abuse

Few company directors already collectively buying its shares and giving some good signal or indication that their share price will soon rise . Together with some good news that aluminium price already rebounced . Maybe is time to collect more shares with using dollar cost averaging .