PRESS METAL ALUMINIUM HOLDINGS BERHAD

KLSE (MYR): PMETAL (8869)

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Last Price

5.48

Today's Change

+0.04 (0.74%)

Day's Change

5.35 - 5.53

Trading Volume

6,359,400

Overview

Market Cap

45,153 Million

NOSH

8,240 Million

Avg Volume (4 weeks)

12,704,681

4 Weeks Range

4.76 - 6.02

4 Weeks Price Volatility (%)

57.14%

52 Weeks Range

4.62 - 7.40

52 Weeks Price Volatility (%)

30.94%

Previous Close

5.48

Open

5.48

Bid

5.48 x 1,900

Ask

5.49 x 16,600

Day's Range

5.35 - 5.53

Trading Volume

6,359,400

Financial Highlight

Latest Quarter | Ann. Date

31-Dec-2021 [#4] | 25-Feb-2022

Next QR | Est. Ann. Date

31-Mar-2022 | 27-May-2022

T4Q P/E | EY

43.82 | 2.28%

T4Q DY | Payout %

0.67% | 29.39%

T4Q NAPS | P/NAPS

0.47 | 11.65

T4Q NP Margin | ROE

12.12% | 26.58%

Market Buzz
Company Profile

Sector: INDUSTRIAL PRODUCTS & SERVICES

Sector: INDUSTRIAL PRODUCTS & SERVICES

Subsector: METALS

Subsector: METALS

Description:

Press Metal Aluminium Holdings Bhd manufactures and sells extruded aluminum and other aluminum products to customers worldwide. The company operates in two segments based on function. The smelting and extrusion segment, which generates the vast majority of revenue, purchases aluminum scrap and produces extruded aluminum and aluminum alloys to industrial customers. The trading segment markets aluminum products. Press Metal has two customers that each account for over 10% of the firm?s revenue. The majority of Press Metal?s revenue comes from Asia and Europe.

Discussions
17 people like this. Showing 50 of 15,521 comments

BursaVulture

fed popping the commodity bubble, run boyz run.
Glove 2.0 incoming.

1 week ago

Investmalaysiaa

The good results already reflected in share price. Market is forward looking. Same Iike glove. Earn hundred of millions share price drop like hell. Never go against the trend

1 week ago

thesteward

Ya never go against trend

1 week ago

thesteward

I guess one year plus ago no one would hv guess topglove could go to 1.46

1 week ago

investmalaysia618

yeap. that time many people say all in la. take it as a super fd la. future pe la lol. in the end all get burn kao kao. hangus d. look at how much pmetal share price has gone up.

1 week ago

investmalaysia618

but pmetal got no new competitors coming in like glove la

1 week ago

GrowthCapitalist

Google Alpha Milestone and check PMBTECH. Check this 2 companies why only them in the aluminum industries. If you could have better reasons then you know the ropes.

1 week ago

cheeseburger

Almost wanted to buy PMETAL yesterday lucky i pulled the break..

1 week ago

apple168

Please be informed that FED is determined to push the market lower. Stock market crash brings inflation down. Don't fight the FED.

1 week ago

MiaoMiao7

Fed and all central banks in the world will raise rate to fight inflation. Alu price will drop, question is when. If alum price drop, pmetal will be glove 2.0

1 week ago

Golf123

Somebody please explain how they maintain this price with such big capital base 8 billions shares, high pe, low yield.

Looks like a controlled counter.......

1 week ago

Investmalaysiaa

Yes. Controlled. But time will come la. Look at greatech uwc. High pe last year. And standing strong at high price. Now hangus d

1 week ago

kewking

Strong rebound again, what a solid company!

1 week ago

treasurehunt

Fed will start its balance sheet shrinking or QT on 1 Jun 22. See what would happen to the commodity prices few months later lor.

https://corporate.vanguard.com/content/corporatesite/us/en/corp/articl...

6 days ago

GrowthCapitalist

Thanks for sharing treasure hunt! Normally, quantitative easing all the stock soar higher like tech definitely but tightening might hurt everyone as less FDI/insti/HNI into the market. I still believe, This round commodity is best hedging but let see how it goes.

5 days ago

treasurehunt

QT amount US 47.5 billion on 1 Jun 22 and expect another rate hike at least 0.5% on 15 Jun 22... Good luck!

5 days ago

investmalaysia618

risk free assets are getting more attractive with yield increasing. people will keep more cash. spending will decrease so do the commodity price

5 days ago

faridfet

When company will release the Quarter Report?

4 days ago

investmalaysia618

risk free rate at 3% wei. 1b can earn 30m with no risk. gov and institutions have hundreds of billion to invest. why buy shares with high volatility. only little amount of funds will be in share market in future

4 days ago

treasurehunt

Investors have started dumping high gearing company. The latest victim is Cypark.

4 days ago

kewking

dont spend the rumour, thank you

4 days ago

investmalaysia618

interest rate rising lo. cost of borrowing rising also

4 days ago

investmalaysia618

inflation comes down + cost of borrowing increase = margin reduce

4 days ago

treasurehunt

In the end, the whole market will be under correction while investors cut down their margin facilities to reduce financing costs.

4 days ago

kewking

price in ady

4 days ago

Investmalaysiaa

You sure price in d?

3 days ago

Investmalaysiaa

US crash Wei. Good luck

3 days ago

kewking

still confident in it

3 days ago

GrowthCapitalist

Just wait for the China to uplift the lockdown then we all know what's going on in the world. PRoblem here is China is still lockdown. That's why the price cant go down and up due to high holding of insider. I can bet till the lockdown isnt ease the price linger here plus wait for the QR to determine whether the eps 0.0354 is valid or not

3 days ago

GrowthCapitalist

With EPS of next quarter of 4cents,surely back to RM6.

3 days ago

faridfet

Just wait the QR :)

3 days ago

investmalaysia618

market is forward looking. coming qr market already price in unless got surprise. focus on interest rate now. expected interest to increase again. this company got lots of debts and this will eat into its margin

3 days ago

wikioon

all the simple minded thinking about debt directly correlated to interest rate increase. pls understand the company better, how many percentage of the debt are floating interest rate - press metal has already issued 2 times sukuk bonds worth over 3b, these are not affected. they raise capital for another 1b on share issues, these will be used to pare down ST debt. Net cash generation about 2b a year, can easily used to pare down ST debt. ST debt 2b, LT debt 4b. Do your research pls.

2 days ago

Investmalaysiaa

All the simple minded think after issue sukuk then that’s the end of the story. How long can they last without issuing new debts? They have high debts all the while. In future cost of borrowing is high which will eat into margin. Cash generated used to pare down debts? No need to expand anymore? How to increase revenue like that? Revenue stay the same but interest cost increase. Think further pls

2 days ago

wikioon

when you got found out as ignorant and twist the story. first you talk about interest, now chg story to expansion. so you are thinking of borrowing every year and expanding every year? -let debt balloon to the sky for sake of expansion is it. management makes sensible decision to expand when ROI is there, whether it be high or low interest rate. if ROI not there, then wait for right opportunity. btw expansion also depends on opportunity. for sake of revenue just random expand at no profit margin?

you ask cash generated used to pare down debt? so, ask already no answer? cash generated dont pare down debt use for expansion, then why still need to borrow debt? what nonsense. 2B cash generation a year, two years able to pare down debt/reserve for expansion. Yeah I'm thinking far and thinking like as a business. be a smart investor guys, talk something FACTUAL. lucky you do investment, not do business.

2 days ago

kewking

share price will clear everything!

2 days ago

investmalaysia618

no need for me to argue with you. just like what happened to the glovers. i've talking bad on the sector since beginning of last year. but they will have their so called theory to support. share price will tell everything

2 days ago

kewking

Don't compare pmetal with glove sector, really! Thanks

2 days ago

thesteward

Result could be very good but after looking at what happened to MSC price after good result shiver. Hope you all earn big pmetal. Going forward need to be mindful Of borrowing material n labour cost

1 day ago

investmalaysia618

better pray hard they can earn double of last quarter profit. if slightly below last qr, then plunge. look at misc

1 day ago

investmalaysia618

and genp

1 day ago

kewking

Good trade today, cheer!

1 day ago

GrowthCapitalist

Honestly, i dont really care about the pattern or so whatever. As said, for this counter the debt is high yet the revenue is good as well. China got lockdown just recently not during the Jan to March period. So i assume the earning is positive and this counter would keep going up slowly.

For me one day 1% is good enough! I don't like roller coaster counter!

1 day ago

GrowthCapitalist

Genp is like ripple effect though! Once the Genting earning is bad throughout the quarter high possibility would be negative as well!

1 day ago

GrowthCapitalist

The company sold forward 60% of its production at US$2,300 to US$2,400, even though spot prices were above US$3,000 early this year. The remaining 40% were sold at spot prices.

“I’m not really concerned about the price, unless it goes down to below US$2,000. Bear in mind that before Covid-19, the average price was less than US$2,000. Definitely aluminium players are still making good money,” he adds.

Press Metal is the largest integrated aluminium producer in Southeast Asia. It has a smelting capacity of 1.08 million tonnes and an extrusion capacity of 210,000 tonnes per annum.

Since surging past US$3,800 a tonne in March this year — the highest in more than 13 years — aluminium prices have retreated 30% to a five-month low of US$2,700 a tonne.

The surging is during the March period but next quarter would be impacted if China is still lockdown till end of next month!

1 day ago

GrowthCapitalist

Aluminium stocks in LME-registered warehouses have fallen to the lowest level since 2007 at 767,700 tonnes, down from almost 2 million tonnes last March. In fact the LME price surge as much $3000 per tonne.

So this quarter should be good la! Anyway, the only counter that is recovering in my portfolio the rest hangus liao!

Bursa is not a long term investing anymore as those years before 5 years.

1 day ago

investmalaysia618

market sentiment not good ma. bear market wor

1 day ago

Investmalaysiaa

Pmb tech qr drop 50% qoq. Good luck

7 hours ago

wikioon

It’s not arguments when making incorrect statements. Opinions on counter up down up to you to justify with yr facts. As long as it’s the right facts. Wrong facts but still want to argue right is ignorance.

3 hours ago

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