Will move up slowly...
NTA bout 1.59

Mercury temperature is rising!!!

There are a few things going for Press Metal.

New capacity from phase three of its Samalaju smelting plant, coupled with logistic cost savings and favourable raw material costs are expected to fuel its earnings over the next two years.

This optimism over its prospects has research houses such as Kenanga Research to upgrade the buildings materials sector to “overweight” from “neutral” and setting a new target price of RM13 for Press Metal. The stock closed six sen up to RM10.10 yesterday.

Kenanga believes that the upcycle of aluminium prices would persist as supply still trails the robust demand from the reopening of economies.

On the other hand, the pace of the rise in raw material was not as much as alumina prices only grew 4% quarter-on-quarter (q-o-q) to US$306 (RM1,263) per tonne on average in the first quarter of calendar year 2021 as opposed to the 9% jump in aluminium prices.

According to Kenanga, the cost of alumina made up 14.6% of aluminium prices in Q1CY21 from 15.4% in the preceding quarter – both below the normalised range of 16%-17% it used to be.

Given the favourable raw material cost, Press Metal is likely to see further margin improvements, said the research firm.

Meanwhile, the upstream acquisition of two supply chain refineries will ensure raw material supply certainty while the acquisition of PT Bintan Alumina Indonesia has also enabled transportation cost savings for the group.

https://www.klsescreener.com/v2/news/view/812623

Moving down again...to 0.52/0.525
Probably will touch 0.505
Bank Pembanguna still clearing stocks....

@SSLee...Good!
I have learnt!
Excellent write up!

Wa
Today closed high at 10.12!!!

Run...
Buy when it retrace back to 70 cents!
Buy when low.....
Malaysian economy is not good!

Political instability....
GE 15.....we dun know when!

Oh yes!
I have lots of plenitude, Ccsteel n KFima!
Please come over!
A lot of KSeng n Chintek too!

Quit?.....Don't quit!
Noodles?...Don't noodles!
We are too concerned with "what was" and "what will be..".....

Yesterday is history
Tomorrow is a mystery!

But TODAY is a GIFT.....
That's why it's called "the present"

Live well today.....
Live happily and healthily!!!

@Johnzhang
I can feel you....

Let's move on.
God will bless us for our honesty n integrity....

Let's forgive n forget ...n continue to live life in abundance....
Abundant joy, peace, happiness , prosperity and in good health!
May God's blessings be upon all of us!

Diamond7 is not an impulsive buyer!
Uncle Koon....Diamond7 dun have margin accounts!
I only buy undervalue cash rich assets company with high dividends.

@ukoris
Agree with you tenaga is a good stock
Monopoly
But dun know why it can't move up even with good dividend......
Thought will reach 11 or 12 or 13 soon

Anyway after ex
Hope it dun go below 10
Of course will add if 9.50

Buy only cash rich assets companies with high dividend when low!
Never chase chase to new high n get trapped!

Sell on news!

Read more Warren Buffet books!

I can't understand....
58 cents dividend
Ex date...end of March!
Still cannot touch 11.00

Why? Why? Why?
Who keeps selling?

@ SSLee...
Thank you for sharing!
Kind message!

No need worry...
After big drop will shoot up high!
Just be patient!

@unker Koon
Come unker...
Come to insas!
Highly undervalue counter!
Better than Dominan, KPS n MNRB
We are all waiting for you...unker Koon!

Glad it's has strong fundamentals ...

Buy Dy...can sleep soundly!

Strong!
NTA up 1.43
Good profits!

Trending up slowly ...
Hope will go above 1.00..

Commodities markets are booming. Oil is up about 30% this year, copper just hit a nine-year high and grains markets are experiencing shortages.

Oil up..
Price of commodities up...
Aluminium, copper n metals up.,

Steady...
Good, now moving up slowly....
Go...go to 16

When ex dividend?
Can't move...
Like elephant!

Please please
If cannot move up...
After ex dividend, stay at this price!!!

Dun go below 10!!!

KYY... unethical !!!

What happened?
Lucky now oil up again!
Next week hope it's up again!

What happened?
Who keeps selling?
Back to the below 10 price without dividend!
Hope after ex...dun go down to 9.50!!!

Limit up?
Can arhhhhh?
Very exciting adventure!!!

No wonder stock trending up n up slowly!
Hidden gem!
Bullish trend in sight

Vow!
Beautiful report card!

Excellent quarterly report!
Profit up 91.1%
NTA up 1.43

Hidden gem!
Give us high dividend n give us bonus please!
1 for 1 like Pmetal n MyED!!!

Vow..
70 cents...
Hope to touch 1.00 soon
Needs patience!

Haizzx
No strength!
Quickly up n touch 12

Bank Pembangunan.....

Let's wait patiently ...
The potential is there...
Fundamentals are good!

Thank you Philip.
You are an excellent investor!

Haizzx...
Bad quarterly report
No wonder delay!!!
Got to keep in freezer now...

Yes...
Most undervalued!
But can't move up much....
No stimulus!

Why sell?
Why run?
Company has great potential!
It's a gem!!!

Something not right...
Announcement of ex date plus announcement of solar energy project still can't push the price up to 11

Oops
Video clip out
Better run!!!

I oso wonder why..
Let those who want to sell....sell first. Later after all the selling, the price will move up. When they announce the ex date....the price will move higher! Let's be patient!

Price of commodities like aluminium n copper will move up...now that Brent oil n crude oil has touch above 60!
P metal coming quarterly reports will be excellent!

Dear Philip,
Are you going to sell Pmetal now or are you going to collect the bonus issue?
M in a dilemma. Please advise whether one should keep the stocks at this price. Is it overvalued?

Vow!
Stockraider Sifu is here!
Good ....can consider buying!!!!

Let's wait patiently for it to go up.
Average down if it goes to 0.425

When are they going to announce the ex date?

Oops!
Going back to 0.12....

Vow!
One for one bonus!
Reward for faithful investors!
Price of commodities esp aluminium, copper n other metals on the rise!

Good profits!

Moving....
Volume picking up..