PRESS METAL ALUMINIUM HOLDINGS BERHAD

KLSE (MYR): PMETAL (8869)

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Last Price

4.80

Today's Change

+0.08 (1.69%)

Day's Change

4.70 - 4.88

Trading Volume

4,316,300

Details of Changes
Securities After Change
Transactions
Ann. Date Name Details of Changes Securities After Changes
Date Type No. of Shares Price Direct (%) Indirect (%) Total (%)
Discussions
18 people like this. Showing 50 of 15,924 comments

bullrun168

Walaoeh, what happend ?
Super damn hot man PMetal today !
Now PMetal was traded at @RM6.08 (+0.13) (+2.2 %)
Heng ah, Ong ah, Huat ah !

2024-07-15 16:17

Cayjiann Ng

anyone know what happened to this stock ?suddenly drop so much

2024-07-18 14:50

Janus Mun

operator sapu?

2024-07-18 15:42

sten_still

Discount for malaysian

2024-07-18 16:30

shareinvestment7

Why drop so much? The answer is simple because RHB and HLB just gave a buy call today. Buy call from bank mean sell down to Longkang. This is our Malaysian rule.

2024-07-18 16:36

sten_still

Sell on news and trump's policy on china. This is just sentiment, short term effect. Plus this is bluechip, backed by giant investors. Now it is purely want to wash away retailers

2024-07-18 17:13

Janus Mun

today volume was massive compared to normal days....very abnormal

2024-07-18 18:47

rojakmee

More sell down tomorrow, sales will be badly affected by US policy on imports from Mexico & tarif of 25%

2024-07-18 23:13

Janus Mun

i think most probably the uptrend is over.....now changing to downtrend!

2024-07-21 18:47

telusdansuci

Invisible hand try to reduce the capitalisation and not let it higher than certain stocks . Anyway just temporary only .

2 months ago

telusdansuci

Always remember kaunter yang boleh tetap boleh . Market give us opportunity to buy now .

2 months ago

Augustine

Press Metal had a better hedging position of 30% ratio at US$2,600 versus US$2,300 in FY23. However, the cost of aluminium production could have risen as alumina prices continued its uptrend in 2Q24

2 months ago

Janus Mun

the play is over for PMETAL,its downtrend now....will retrace up a little and will continue to slide down more in coming weeks to ER

2 months ago

Janus Mun

next support 5.19....

2 months ago

abc333

wait below 5.06

2 months ago

telusdansuci

Turun cepat naik pun cepat punya . Ada spare duit boleh beli dan simpan lebih baik dari simpan dalam bank . Boleh tetap boleh .

2 months ago

telusdansuci

Kena ingat peluang turun cepat cepat bukannya sentiasa boleh nampak seperti kaunter Pmetal.

2 months ago

telusdansuci

Inilah peluang keemasan bagi pelabur pelabur yang ada holding power . Kaunter yang boleh tetap boleh .

2 months ago

Janus Mun

abc@333.....agreed!62% drop....

2 months ago

Augustine

HLIB sees Press Metal notching stronger 2Q earnings on higher aluminium prices

https://theedgemalaysia.com/node/719027

2 months ago

nelsonlim

after pmbtech move, pmetal shall go to 5.25

2 months ago

Cakes Moon

Buy!!!
KLSE so bullish recently!!!

1 month ago

PryorBuyer

Good qr + dividend, tq pmetal

1 month ago

Cakes Moon

Result is superb, why drop?
Topup!!!

1 month ago

Agjl

Ringgit strengthen thats why drop

1 month ago

hw0706

press metal kilang explore

1 month ago

hhhiii123

Good chance to collect when sharp drop lol

1 month ago

OldWiseMan100

kaboom kaboom
why their factory always explode one? not the first time... it is a common thing in the industry?

https://www.facebook.com/jonmelc/posts/pfbid02nqpEWLMcZi1JZF43phHh6JvnDdAGNZbEXtPtnZWPtjkoKRdyhhGRLyi4KMsPKNool

1 month ago

ggleow

so serious the fire.
like this sure limit down

1 month ago

pang72

No wonder drop so much..
Hopefully, everything in order

1 month ago

ggleow

can drop for another 50 sen tomorrow.

1 month ago

Babayaga

looking like the whole factory is done .... complete write off

1 month ago

hw0706

look like not an easy task. recently the same nearby area also have explosion...

1 month ago

pang72

https://theedgemalaysia.com/node/726164
3% annual capacity affect.
4 months to recover..

1 month ago

pang72

The factory still there la..
Scary

1 month ago

hhhiii123

Got insurance, hopefully strong rebound in alumni price

1 month ago

juon

Tomorrow kena liao, next target kena short

1 month ago

Tenka226

Collect before it crosses RM5 again 😉

1 month ago

Fabien _the efficient capital allocator

I always hunt for smell of blood on the street, thankfully collected at 4.40.

1 month ago

SMInvest

PMB Technology to increase production

The Star Monday, 16 Sep 2024
https://www.thestar.com.my/business/business-news/2024/09/16/pmb-technology-to-increase-production

1 month ago

Tenka226

Good for you, Fabien, bought at the bottom price

1 month ago

Fabien _the efficient capital allocator

FCF grew 199% over last 5 years. Last year were record high FCF of more than RM2mil. Anticipate PMetal to turn net cash in two years time with growing FCF in coming years as high capex cycle already over.

3 weeks ago

rl68

@Fabian, when will the power purchase agreement end?

3 weeks ago

Fabien _the efficient capital allocator

PPA contracts ending between 2034 and 2040

3 weeks ago

Fabien _the efficient capital allocator

China massive stimulus (monetary + fiscal) will boost industrial demand. Hold on to your PMetal

3 weeks ago

rl68

@Fabian, tq. All the best.

3 weeks ago

Fabien _the efficient capital allocator

Rio Tinto, second world largest mining company is seeking to improve its profit margin and return on capital by switching to lower cost renewable power.

Press metal already has favourable cost structure to protect its margins. With their latest acquisition in PT Kalimantan Alumina Nusantara, PMetal has effectively locked in 75% of its alumina requirement, ensuring a stable supply of raw materials, and potentially logistics savings.

Aluminum futures already rose past $2,560 per tonne in late September, its highest in over three months, and tracking the strong momentum for other base metals as fresh economic stimulus from China supported the demand outlook for key industrial metals.

3 weeks ago

Tenka226

Great ! Pmetal crosses RM5 once again. Uptrend sign

1 week ago

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