Do not worry how low the aluminium prices , as long as the next quaters and the shares price keep on increasing that is more than enough . Even aluminium prices increase to usd 2000 also no point if their shares price keep on going down . Now is the time to collect before good news announced .
so when is it the best time to buy? i got an info saying the company will start operating their phase 3 at samalaju industrial park soon in this month.
Cheap ample power supply for smelting plant for pmetal. Alcoa had shut down 4 out of 5 plants and Price of aluminium slightly up since then. Stay tuned ......next qtr results crucial, if still acceptable this counter is a real gem.
rises 99 last QR PMetal profit has dropped a lot. Even PMetal announce dividend I believe likely to drop. PMetal remind me of Zhulian(when above RM 2) not long ago. If you like dividend stocks I can recommend MediaC and Media Prima selling at only 62sen and RM 1.38.
the raw bauxite are from Malaysia local, with subsidy electric and increase US currency. current aluminum price should have low impact to Pmetal. Phase 2 and 3 plants when ready, pmetal will able to output more and earn more.
pmetal boss shld make company annoucement. and that's the problem make shareholders guess not seems to care of publicity. mayb too busy w/ aluminum delivery backlog. hope!
Pmetal produce high quality aluminium which can last longer than others . Don't worry too much about that . This year make less profit but next year 2016 sure profit double . Standby your money and wait for the result , ok . Waiting for Pmetal - WC .
PMETAL CEO said different thing with you at press conference. He mentioned that PMETAL couldn't maintain profit at same level with slipped aluminium price .
market reacts negatively to the comment (actually there is no surprise on those words that he said, people should have already expected that, just look at the the rest of the Al coy stock price)...let's be realistic, we cannot hope for miracle as this is external factor driven and not that PM can control over it
if Fed increase rate in Dec, USD would up again against RM. will benefit PMetal. China helps to wipe out western Al smelter giants. Less competition from giants is good to PMetal.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
rockycleft
880 posts
Posted by rockycleft > 2015-10-27 10:54 | Report Abuse
Last time Icon, now Suncon. Watch out, why all con? Hehehe....