PRESS METAL ALUMINIUM HOLDINGS BERHAD

KLSE (MYR): PMETAL (8869)

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Last Price

5.32

Today's Change

+0.02 (0.38%)

Day's Change

5.26 - 5.35

Trading Volume

1,434,800


18 people like this.

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

Matrix

38 posts

Posted by Matrix > 2015-11-23 16:54 | Report Abuse

ValueCap coming in soon..

i4investor

2,797 posts

Posted by i4investor > 2015-11-23 16:57 | Report Abuse

steel stock this year is worst performance due to appreciate USD & too competitive market, price war...etc

telusdansuci

1,692 posts

Posted by telusdansuci > 2015-11-23 22:28 | Report Abuse

Heavy selling pressure once the result come out . Standby your money .

Matrix

38 posts

Posted by Matrix > 2015-11-23 23:10 | Report Abuse

next month..time to go in...

zekuan

533 posts

Posted by zekuan > 2015-11-24 16:06 | Report Abuse

How to determine money from ValueCap flow into market?

zekuan

533 posts

Posted by zekuan > 2015-11-24 16:06 | Report Abuse

Anyone??

Joeylee

807 posts

Posted by Joeylee > 2015-11-24 21:20 | Report Abuse

Sell. Aluminium price wants to break 1400 level.

Matrix

38 posts

Posted by Matrix > 2015-11-24 23:58 | Report Abuse

As per announcement by Finance Minister not so long ago, now is at the final approval process at the board level (LHDN, KWSP and etc ), they will start buying very soon...

telusdansuci

1,692 posts

Posted by telusdansuci > 2015-11-25 10:51 | Report Abuse

Heavy selling pressure on the way !

Matrix

38 posts

Posted by Matrix > 2015-11-25 22:35 | Report Abuse

buy buy buy

Matrix

38 posts

Posted by Matrix > 2015-11-26 23:30 | Report Abuse

3rd Interim Single Tier Dividend 3%
Nine-month net profit 119.803 million (decreased 42.11%)

Matrix

38 posts

Posted by Matrix > 2015-11-26 23:30 | Report Abuse

no bad...:)

Posted by little_investor > 2015-11-27 17:44 | Report Abuse

Revenue up a lot but profit down, because of the low aluminium price. New plant will start production soon, if alum price can recover, profit should b much better. Collect.

Matrix

38 posts

Posted by Matrix > 2015-11-28 10:53 | Report Abuse

time to start collecting...

wisdomtot

645 posts

Posted by wisdomtot > 2015-12-02 21:38 | Report Abuse

Start the mexican wave tomorrow...

telusdansuci

1,692 posts

Posted by telusdansuci > 2015-12-04 19:53 | Report Abuse

A must buy counter because next quarter we can't get this price rm 2.15 /= again due to aluminium price rebounded and new expansion plant operate . Very soon its will come back to rm 3.00/= again . Last quarter's profit affected by fire incident but still the company continue to give dividend . Tq to Pmetal company .

wisdomtot

645 posts

Posted by wisdomtot > 2015-12-08 17:16 | Report Abuse

Poor closing today, though invalidated by average volume. Might be indication of lower trend to come.. tomorrow will have a better picture..

Joeylee

807 posts

Posted by Joeylee > 2015-12-08 19:54 | Report Abuse

Aluminium price will reach 1200. Cannot buy. Global market is collapsing. Pmetal aint making extra money as you can see in quarter report. They could only maintain their operation. Still can drop further.

foodie

535 posts

Posted by foodie > 2015-12-08 19:57 | Report Abuse

Aiyoh! Market looks a real mess. :(

Joeylee

807 posts

Posted by Joeylee > 2015-12-15 22:07 | Report Abuse

Oversupply. Although china cut supply, still need to clear their storages. Still need few more months to observe. China producers should have a storage of one year supply due to pot startup around one year. Supply over demand. Not healthy. Aluminium price still can reach 1350.

Joeylee

807 posts

Posted by Joeylee > 2015-12-15 22:17 | Report Abuse

Pmetal next quarter report still the same. Same profit or less due to phase 3 expenses. Sales drops tremendous and expenses increase in the same time. Wrong timing. Not same as phase 2 timing. Still can drop further.

telusdansuci

1,692 posts

Posted by telusdansuci > 2015-12-24 20:15 | Report Abuse

Happy123 , thank you for sharing your news to us . Aluminium prices will be slowly rebound . The year 2016 will be the prime year for Pmetal . Tq happy123 .

happy123

213 posts

Posted by happy123 > 2016-01-08 16:52 | Report Abuse

all base metals will continue to slump till China demand picks up

happy123

213 posts

Posted by happy123 > 2016-01-08 16:56 | Report Abuse

on the other hand.... premium has started to rise amidst of supply reduction.....
http://au.investing.com/news/commodities-news/table-japan's-quarterly-aluminium-premiums-since-2005-18740

Joeylee

807 posts

Posted by Joeylee > 2016-01-12 16:22 | Report Abuse

Aluminium price will reach 1200. If reaching 1200 pmetal has a loss and the price is below 1.00. Big japan investor would not invested in. Think twice before buy. I prefer to wait for news. Hard to rebounce back if global economy still in downtrend.

Joeylee

807 posts

Posted by Joeylee > 2016-01-12 16:24 | Report Abuse

See this coming quarter report before buy

Joeylee

807 posts

Posted by Joeylee > 2016-01-12 21:42 | Report Abuse

Do not think it is a gold mine. Even gold is worthless investment now. Out of expectation. I still want to see the quarter report and the impact of current aluminium price to its profit. If this coming quarter is loss. Then next quarter report even worst because the price is running below 1500. 1500 is still profitable to pmetal with two plants only. Now added in with 3rd plant same as 2nd plant capacity. Expenses increase and profit is low due aluminium price.

xiang91

19 posts

Posted by xiang91 > 2016-01-14 08:34 | Report Abuse

Sumitomo's CEO and CFO visiting Press Metal plant today, wonder there are any good news soon..

traderman

7,854 posts

Posted by traderman > 2016-01-16 11:18 | Report Abuse

Guys, pmetal game play already over. Aluminum price is not that attractive anymore.

telusdansuci

1,692 posts

Posted by telusdansuci > 2016-01-24 20:14 | Report Abuse

Don't worry , they already prepare the umbrella before its rain . Powerful generator already on standby . This time they will not be stupid like those days .

Joeylee

807 posts

Posted by Joeylee > 2016-01-25 19:39 | Report Abuse

Power generator ??? It needs the power from bakun dam to operator. No worry. 1 hour shutdown only would not effect too much. What I worry is the impact of aluminum price to its profit. 1200 will encounter huge losses already. How soon will it rebounce from 1200 is unknown. Crude oil still able to reach 20.00 and when it reaches 20.00, how soon it will rebounce back ? Nowadays not the same as before.

Joeylee

807 posts

Posted by Joeylee > 2016-01-25 19:51 | Report Abuse

In the long run for all the things, aluminium price will be going down and becomes flat as same like normal distribution chart. Same with gold, s&p500, KLSE and the rest. KNM has a obvious pattern it becomes flat already..

Joeylee

807 posts

Posted by Joeylee > 2016-01-25 19:54 | Report Abuse

12345 until the top and 12345 down until to the bottom.

Joeylee

807 posts

Posted by Joeylee > 2016-01-27 14:45 | Report Abuse

Main factor for crude oil price

1. US production rates,

2. Saudi Arabia’s ability to grow production,

3. Iran’s latent ability to produce more oil,

4. Chinese economic slowdown and its impact on consumption,

5. Russia’s ability to add global production, and

6. OPEC’s inscrutable strategy.

Joeylee

807 posts

Posted by Joeylee > 2016-01-27 14:46 | Report Abuse

First, let’s look at the U.S., the simplest and most transparent of the “Pick 6” issues bandied about as a price driver. Certainly the unconventional revolution has been a huge factor in global production increases over the last 6 years. The item NOT generally recognized is that production typically lags drilling by some 5 months, thus the drilling in December 2014 is discernible in production records in April 2015. That analysts were alarmed at increasing production and supply during the 1st half of the year suggested that they did not understand this dynamic, nor did the business press. We predicted in April that monthly production would peak in May and then jump around between -100 mbpd and -350 mbpd for the rest of the year. When looking at additional production month over month, it is important to remember that it is building on a sloping foundation of natural decline.

For instance, in 2014, as the U.S. added some million barrels of daily production, it had to produce 2.2 million new barrels of production to do so. The slope of that foundation required 1.2 million new barrels to just flatten it out. First year production in the U.S. has had a blended annual decline that has increased from 41 percent in for 2010 era wells to 47 percent for 2013 era wells. Therefore, 2014 era wells were likely to have declined 49 percent and 2015 by 51 percent in their first year. Second year declines show less of a pattern, ranging from 10-20 percent decline from the end of the prior year. In other words, we will see real production declines in 2016 as the full impact of 2015 drilling reductions are cycled through. Depending on the variability of the second year declines, this could range from -400 mbpd to well over -1MM bpd. So, the U.S. isn’t going to be the bringer of oil glut news going forward. In fact, the U.S. oil patch has severely damaged its capacity to rebound from an oil field services point of view, with companies foregoing normal maintenance to just survive. This deferred maintenance will have permanent consequences. Score: NOT a driver.

Saudi Arabia’s Ability To Grow Production

Whereas Saudi’s rig count is up, so is its production. They are producing record amounts and most analysts believe that there is little if any behind valve production. SCORE: NOT a driver

Iran’s Latent Ability To Produce More Oil

When sanctions hit Iran, they immediately dropped 600 mbpd from their official production levels. That they report the same production to the barrel since cause their official number to be quite suspect. Iran has not been investing in their infrastructure and they require outside dollars to reinvest in existing production, ranging from $30 billion to $500 billion over the next 5 years, depending on the source to maintain what they have. $30 oil is not an environment amenable to outside tender offers. Some claim that there will be no net new production in the near term, that Iran will merely start to recognize the production of oil it has sold in the black market. In any case, 500 mbpd ‘new’ production are baked in as of last week. SCORE: NOT a driver

Chinese Economic Slowdown And Its Impact On Consumption

As the year has progressed, the Chinese economy exhibits signs of extreme duress, suggesting that demand growth could weaken materially. Imports of metals and building materials are down substantively. Oil is not. China continues to import crude oil at increasing rates, most likely taking advantage of the low price environment to strengthen strategic reserves. China’s growing “guns vs butter” investment shift isn’t likely a bearish sign for crude oil, either. The IEA and EIA’s production growth estimates both suggest that the market isn’t going to elastically respond to lower crude prices, in essence saying that lower price will not drive higher consumption for the first time ever and despite the surprise increase in consumption in 2015 SCORE: NOT a driver.

Russia’s Ability To Add Global Production

Russia found itself in a fun position in 2015 as economic sanctions hammered the ruble down 50%. Essentially, Russia had a half price drilling environment and was effectively hedged by its cratering currency because it pays for new wells in rubles and sells its crude in dollars. This advantage doesn’t exist at commodity prices this low. Russia isn’t likely to spend a buck to get back 20 cents in the first year. SCORE: NOT a driver.

OPEC’s Inscrutable Strategy

Forget all the rest of the “Pick 6”. If anyone assumed OPEC wasn’t in charge of global oil prices, they were dead wrong. And by OPEC, let’s be honest and say Saudi Arabia. Only Russia, Saudi Arabia, and the U.S. technically have the production base to unilaterally affect the price of crude without completely undermining their net production rates, and the U.S. regulatory environment is focused on efficiency and safety and not price, because, alone of these three, the U.S. until recently was thought to be a net beneficiary of low priced crude oil

Joeylee

807 posts

Posted by Joeylee > 2016-01-27 14:47 | Report Abuse

Conclusion is crude oil not easy to bounce back. Remain in 20 range.

telusdansuci

1,692 posts

Posted by telusdansuci > 2016-02-04 10:24 | Report Abuse

Aluminium prices will be rebound back to 1600 coming soon + new expansion plant = Shares prices should above Rm 2... !

Posted by prescott2006 > 2016-02-04 15:20 | Report Abuse

Looks like somebody is collecting slowly

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-02-05 09:41 | Report Abuse

Above rm2

telusdansuci

1,692 posts

Posted by telusdansuci > 2016-02-05 10:05 | Report Abuse

Afterward will break Rm 2.00/= .

happy123

213 posts

Posted by happy123 > 2016-02-15 13:45 | Report Abuse

http://knoema.com/ffzioof/aluminium-prices-forecast-long-term-to-2025.....all projection pointing that the price is going to cover from this year onwards

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-02-18 12:04 | Report Abuse

See

red_85

1,259 posts

Posted by red_85 > 2016-02-18 12:10 | Report Abuse

Buy 203

moniekj

1,037 posts

Posted by moniekj > 2016-02-18 12:14 | Report Abuse

If tonite aluminum price up again tomorrow 2.40 possible.

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