PRESS METAL ALUMINIUM HOLDINGS BERHAD

KLSE (MYR): PMETAL (8869)

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Last Price

5.30

Today's Change

-0.06 (1.12%)

Day's Change

5.23 - 5.39

Trading Volume

11,282,800


18 people like this.

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

kinrara

31 posts

Posted by kinrara > 2016-03-19 12:12 | Report Abuse

Chooheng ..... The Samalaju phase 3 is completed n in testing & commissioning stage. The production will be increased by 100% in few weeks' time.

Why pmetal price shooting crazily in 2013/4 ? Production !!.... bcos of completion of phase 2 in Samalaju. ( phase 1 is at Mukah )

Alumimium price/xchange rate are important, but the increment of smelting capacity is much more important. ( unless the aluminium price is totally collapse )

moniekj

1,037 posts

Posted by moniekj > 2016-03-19 15:09 | Report Abuse

Next week poised for mild correction. Chooheng, this time don't miss the chance. Last time I ask u to buy at slightly above 2.00 but you want to wait 1.60. If you miss this time, may b 3.00 only can get.

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-03-19 20:14 | Report Abuse

Whatever correction just buy, rm3.00 coming very soon!

Posted by ProStockbroker > 2016-03-19 21:59 | Report Abuse

where is the resistance level? ady break?suitable to in?

kinrara

31 posts

Posted by kinrara > 2016-03-19 22:42 | Report Abuse

The price still firmed and solid on T3 and T4 days. Looks like FF & FM are the main buyer. Then CL will be attractive in term of gain %.

Posted by ProStockbroker > 2016-03-19 22:45 | Report Abuse

kinrara, can u explain more on T3 and T4, FF,FM, CL? I am new to stock market actually. Thanks

kinrara

31 posts

Posted by kinrara > 2016-03-20 00:27 | Report Abuse

ProS... T3/T4 = After 3 0r 4 days you bought your shares, you have to decide whether to pick up (bayar) or sell the shares. If you choose to ignore, your friendly bank will forced sell for you. Many hit n run kaki have to decide on T3/T4.

FF / FM = Foreign Fund / Fund Manager

CL = call warrant @ Pmetal cl

gud luck and protect your profits always

Posted by ProStockbroker > 2016-03-20 00:42 | Report Abuse

Thank you so much kinrara!

kinrara

31 posts

Posted by kinrara > 2016-03-20 00:56 | Report Abuse

ProS ... u r welcome

pls. do not buy call/put warrants IF you are not familiar.

chooheng

318 posts

Posted by chooheng > 2016-03-20 20:47 | Report Abuse

thanks moniekj, kinrara

moniekj

1,037 posts

Posted by moniekj > 2016-03-21 10:01 | Report Abuse

Let it go. No drop cannot go further.. Let it go...

Posted by moneymoneycome > 2016-03-21 10:10 | Report Abuse

what is the entry price?

moniekj

1,037 posts

Posted by moniekj > 2016-03-21 10:34 | Report Abuse

For me below 2.60.It depend on many factors.

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-03-22 10:52 | Report Abuse

Now green

moniekj

1,037 posts

Posted by moniekj > 2016-03-22 12:13 | Report Abuse

Operator won't let you go..

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-03-22 16:19 | Report Abuse

Waiting

chooheng

318 posts

Posted by chooheng > 2016-03-22 16:29 | Report Abuse

USD3.995 break 4. without increase output capacity at current aluminum price, it hurts pmetal revenue.

moniekj

1,037 posts

Posted by moniekj > 2016-03-22 16:30 | Report Abuse

Bought some w at 1.70-1.72. Tomorrow can get cheaper.

moniekj

1,037 posts

Posted by moniekj > 2016-03-22 16:35 | Report Abuse

Last chance to buy tomorrow

Posted by moneymoneycome > 2016-03-22 17:15 | Report Abuse

moniekj, already close to 2.60... wait further?

moniekj

1,037 posts

Posted by moniekj > 2016-03-22 17:27 | Report Abuse

I really don't know what's the bottom price. May be above 2.60, may b below. But buy now n hold will give u a good gain in few months time.

moniekj

1,037 posts

Posted by moniekj > 2016-03-22 17:44 | Report Abuse

Chooheng, when USD at 3.50 in 2014, Pmetal made highest profit. Today drop nothing to do with currency. It's due to over bought of this counter. Decline of aluminum price as an excuse for profit taking. When the price down, it's time to buy..

ruby828

1,000 posts

Posted by ruby828 > 2016-03-22 18:13 | Report Abuse

think it will go down some more.....but go down how much thats the question.....

Joeylee

807 posts

Posted by Joeylee > 2016-03-22 18:49 | Report Abuse

Wait until this month end to see where is the aluminium closing price. 1440 still rebounce to 1500 before further decline. Buy at 2.30 next month. Fast scalp at 2.6. 10% also good within 1 month. Many people thinks it will rise gives good opportunity to scalp.

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-03-22 19:45 | Report Abuse

Only buy when u think it will go up.
Waiting

ruby828

1,000 posts

Posted by ruby828 > 2016-03-23 08:00 | Report Abuse

Joeylee, i agree with u...wait and see....

moniekj

1,037 posts

Posted by moniekj > 2016-03-23 08:16 | Report Abuse

Time to start collect.

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-03-23 09:40 | Report Abuse

Buying

Posted by moneymoneycome > 2016-03-23 09:51 | Report Abuse

Joey, 2.30 coming...

moniekj

1,037 posts

Posted by moniekj > 2016-03-23 09:52 | Report Abuse

Write a comment..The most can drop is 2.48.

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-03-23 09:53 | Report Abuse

Buying

Posted by moneymoneycome > 2016-03-23 10:05 | Report Abuse

what is the reason for big drop? aluminium price 1502...

moniekj

1,037 posts

Posted by moniekj > 2016-03-23 10:07 | Report Abuse

Bought at 2.48-2.50. Tomorrow will rebound.

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-03-23 10:18 | Report Abuse

Bot completed for this round.

ruby828

1,000 posts

Posted by ruby828 > 2016-03-23 10:21 | Report Abuse

so fast completed....

chooheng

318 posts

Posted by chooheng > 2016-03-23 10:26 | Report Abuse

USD/MYR4, aluminum 1500 according to RHB profitability chart the business is not so good. sad to see weaker USD does not bring up aluminum base metal price. new plants readiness ...

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-03-23 10:31 | Report Abuse

I am small fish only. Wish can buy more.

ruby828

1,000 posts

Posted by ruby828 > 2016-03-23 10:41 | Report Abuse

me too...ikan bilis...:) think might go down lagi tomorrow?

jfm3737

332 posts

Posted by jfm3737 > 2016-03-23 10:59 | Report Abuse

game over

moniekj

1,037 posts

Posted by moniekj > 2016-03-23 11:33 | Report Abuse

Far from game over. I still buying..

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-03-23 11:38 | Report Abuse

Moniekj. We know what we are doing.

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-03-23 11:41 | Report Abuse

Somebody said plant 3 is ready to run!

moniekj

1,037 posts

Posted by moniekj > 2016-03-23 12:50 | Report Abuse

Don't force them if they don't want people to put money in their pocket.

Joeylee

807 posts

Posted by Joeylee > 2016-03-23 13:10 | Report Abuse

Plant already full running but it is about the demand. A piece of pie is distributed among 3 brothers eventually still get the same distributed amount.

moniekj

1,037 posts

Posted by moniekj > 2016-03-23 13:41 | Report Abuse

Of course I know why, when and who is buying. When the data and results comes out, the price is not today price. I bought near the lowest in Feb n sold near the highest recently. If I have no information n knowledge, you think I can do it. Unlike some one talk here talk there, change here change there but yield nothing.

ruby828

1,000 posts

Posted by ruby828 > 2016-03-23 14:40 | Report Abuse

in short.....buy, hold or sell? :)

FLMF

131 posts

Posted by FLMF > 2016-03-23 14:51 | Report Abuse

buy some and hold, if tomorrow drop buy again

FLMF

131 posts

Posted by FLMF > 2016-03-23 14:52 | Report Abuse

long term sure win

ruby828

1,000 posts

Posted by ruby828 > 2016-03-23 15:02 | Report Abuse

;p.....

FLMF

131 posts

Posted by FLMF > 2016-03-23 17:16 | Report Abuse

2.3 good, just buy

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