http://www.theborneopost.com/2017/08/13/the-week-at-a-glance-13-august-2017/

Aluminium price continue bullish

http://www.westmetall.com/en/markdaten.php?action=show_table&field=LME_Al_cash

My opinion.going uptrend.but decision still is still urs.just dont regret

Only regret are those that panic sell this morning hahahahahahaha.hate to say this but I TOLD U SO

the only kim i know is kim joong kuk hahahahahaha

Thank you for letting me load up more hahahahha.now i wait and eat popcorn

Ok fine then boom everyone die happy?lol seriously wtf hahahah

Trump is an economy player.he wun be that dumb to destroy his position as a president and his business to go for war.again,dont assume.most of his action are just for show only.to get more "popular"votes

Just a threat to north korea.no missle fired so far.do not speculate

Aluminium prices have climbed to their highest in nearly three years as expectations of capacity cuts in top producer China, where the government is waging a war on pollution, were reinforced by a lower dollar.

Benchmark aluminium on the London Metal Exchange ended down 0.1 per cent at $US2,027.5 on profit-taking. Earlier it touched $US2,043, its highest since November 2014, a gain of around 20 per cent this year.

"Aluminium's rise is related to capacity cuts and tighter environmental regulations. Shandong province yesterday announced capacity cuts that were larger than expected," said Xiao Fu, head of commodity strategy at Bank of China International.

"It's related to supply side reform and there is a broad-based spillover into other metals. We are seeing long positions being added in copper and overall market."

SHANDONG: China's Shandong province has ordered 3.21 million tonnes of smelting capacity to be shut. In a statement the Shandong Development and Reform Commission (SDRC) said checks had shown areas of the eastern province had 3.21 million tonnes of illegal capacity built without permits.

ENVIRONMENT: The shutdowns come as China's Ministry of Environmental Protection (MEP) said it was embarking on its fourth round of environmental inspections across eight provinces and regions, including Shandong.

CHINA ALUMINIUM: China's aluminium output hit a record high of 97,700 tonnes a day in June. That was equivalent to an annualised run rate of 35.7 million tonnes and represented 56.5 per cent of global output, also a fresh high.

DOLLAR: Industrial metals overall were boosted by a lower US currency, which makes dollar-denominated commodities cheaper for non-US firms; a relationship used by funds which trade using buy and sell signals generated by numerical models.

NORTH KOREA: The dollar came under pressure after North Korea said it is examining plans for a missile strike on the US Pacific territory of Guam, just hours after US President Donald Trump told the North that any threat to the United States would be met with "fire and fury".

Estimated aluminium price USD 2040

No comment on son..play at own risk

http://www.globaltimes.cn/content/1060696.shtml

http://www.mining.com/china-aluminium-soars-due-capacity-closures/

@tianjin ya i know.when he earn..never say thank you.when lose he blame all the sifu here

U want u sell la...other ppl wana get the opportunity to earn lor.im tired of telling u to hold d..sikit sikit takut..sikit sikit nak jual.bodo

Haha moneykj.share bonus issue again?am hoping that will happen then pmetal will fly

@nicky the last time u talk crap bout pmetal..it fly.so please please sell urs.so the others can fly again hahahahahah

http://klse.i3investor.com/servlets/ptres/41594.jsp

Target price given by kenanga:Rm4

Those that listen to us will get rewarded.check all our previous comment to convince everyone to keep.those who left too bad for them.again with all sifu moneykj and telusdansuci...PMETAL BOLEH DAN TETAP BOLEH!

Nick.just an advice.if u cant wait..just sell.no need keep repeat the price here.we all know

http://www.theedgemarkets.com/article/firm-aluminium-price-propels-press-metal-new-high

@Awet sememangnya Tp 4.tapi i prefer slow slow naik ar..kalau naik cepat..hati saya heart attack nanti.masuk newspaper

http://www.theedgemarkets.com/article/steel-aluminium-counters-rally-higher-commodities-prices

The rally came amid reports that China’s Shandong province ordered 3.21 million tonnes of aluminium smelting capacity to be shut, more than previously expected, as Beijing intensifies its efforts to curb pollution in its bloated heavy industries.

The London Metal Exchange’s aluminium hit a 2½-year peak of US$2,030 a tonne on Tuesday. At the current level, it has risen 19.9% from US$1,693 per tonne seen at the end of last year.

Press Metal’s earnings for the second quarter ended June 30, 2017 (2QFY17), slated to be announced on Aug 16, are expected to improve quarter-on-quarter after accounting for seasonal weakness for the extrusion business in the first quarter due to the Chinese New Year holidays, the research house said in a note to investors yesterday.

In FY16, it turned in a record revenue of RM6.6 billion after a 44% jump, resulting in net profit more than tripling to RM495.45 million from RM132.35 million a year ago, on the back of a stronger US dollar against the local currency, and higher output.

It added that Press Metal’s commencement of additional capacity for value-add products and conveyor belt system by the end of the year will also drive margin expansion from FY2018 onwards.

NEWS FLASH

Yes moneykj..exactly thats where its heading to.the lme still going up.theres possibility it will reach USD 3000

Ya.dont worry.some profit taking today but fundamental is still very strong.ALUMINIUM USD 1900 shot up all to USD2024.very strong earning

Dun say i didnt give tip.pmetal will reach 3.4/3.5 at least.upside is more than that

Not advisable..unless u no money ar.cos son share no dividen and other benefit

Today target 3.6.aluminium still continue rising a lot

Lol.what makes u think so?

I release take profit first

3.40 maybe tomorrow.today aim 3.30

Dun worry...afternoon will up again.if not tomorrow

@telusdansuci. Agreed.but for me ..i will aim target price rm4 dulu.percaya sama pmetal.lucky we didnt sell.u are right..banyak orang bagi calculation that pmetal jatuh but it didnt jatuh.but tetap naik

Its not unusual slimy.look at the tp target set by analyst.read it bro...suppose to reach 3.6 last few month but got stuck.

Yesterday aluminium hit all high USD 2k and will continue uptrend due to aluminium output cut by china.this will increase the revenue of pmetal by a lot..even more than target price 3.6 set by analyst

Pmetal target price 3.6 until next quarter

Keep.it might hit above 3.3.dont be too hasty

Above expectation.next is 3.5

Hahahaha 100 loy lagi happy sini..kaya sudah

3.3 for today guys.when result out..it will kabboommm 3.5

True.today bursa give everyone a chance in stock to accumulate at dips.and the share rose up after that.

This counter will go up more tomorrow and touch 1.8

That one ask dato koon hahahahah

Hehe.using fake account to post negative comment.just look at all ur previous comments nekosan and sarahdeaton,full of rubbish

Hahahaha PE PE.....but lbalum drop like mad bro....so much of a calculation and PE.puihhhh

Last time when pmetal drop..all start asking why drop and didnt trust us.now sudah naik apa macam?next time dun listen to outsider.banyak pattern they will do to make sure u sell ur precious stock and they keep...kesian those who kena tipu

Sarahdeaton fake account.report her please

Hahaha.see.told u guys.well done pmetal already hit 2.94.those who have stayed earned $$.pmetal boleh dan tetap boleh.RJ87 talk east talk west dunno die where d

Congrats who bought at low just now.market dipped for few hours :)

Buy when dip guys

Game over counter