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2014-05-12 18:20 | Report Abuse
Pmetal & Mitra worth to invest. LIM.
I ALSO hold and keep both counters.
plan to invest more lots in Mitra& Encorp.
2014-05-12 14:52 | Report Abuse
I confident with Pmetal.
2014-05-11 14:32 | Report Abuse
I juz concern Profit Taking by tomorrow Monday morning.
2014-05-11 07:26 | Report Abuse
I will buy in 15 lots Silkhld.
I released Silkhld share 2 months ago.
2014-05-09 21:46 | Report Abuse
My remisier adviced me to keep.
Encorp will go up exceed RM2.00 for sure.
A lot of insiders ppls already taken Encorp shares b4 Felda anounced to
buy Encorp's share, I tell u, bro sis. These is true. Trust me.
2014-05-09 16:59 | Report Abuse
wrong, Harta will continue to drop this few coming months.
Dun buy first.
Aim Pmetal !!!
2014-05-09 16:19 | Report Abuse
My remisier told me last week , TP will reach Rm1.80 soon !!!
2014-05-09 15:47 | Report Abuse
MITRAJAYA, save and worth to collect since the price is cheap now !!!
2014-05-09 14:32 | Report Abuse
http://www.nanyang.com/node/619767?tid=688
Invest Prtasco for future earning !!!
2014-05-08 22:01 | Report Abuse
7. (iv) Aluminium spot prices (USD1,738.75/MT currently) are
currently trading close to the trough level of a 4-year cycle
(see chart 2). Prices are expected to increase due to a
supply shortfall. For the first time in 10 years, there will be
a global deficit (of 730,000 MT) of aluminium products this
year.
8.(v) As heavy capex has been front-loaded, cash flow
generated from its operations will be channelled towards
the paring down of its debts. Net debt/EBITDA is expected
to improve from 6.2x at end-FY13 to 1.2x by end-FY16F.
9. Press Metal is expected to release its 1QFY14 results on 29
May. We expect earnings to be slightly subdued as its
Mukah plant was still being ramped up while aluminium
prices and premiums had yet to increase. We forecast
stronger earnings from 2QFY14 onwards.
10. Press Metal is currently trading at an attractive core FD PE
of 9x. We advise investors to accumulate Press Metal
given the recent retracement in share price. Maintain BUY.
2014-05-08 21:59 | Report Abuse
Am Research today reports, Lim.
AmResearch Sdn Bhd
www.amesecurities.com
1. We maintain BUY on Press Metal Bhd with an unchanged
fair value of RM4.50/share – pegged to 12x PE on FY14
core FD EPS of 37.5 sen.
2. We hosted a luncheon meeting last week and came away
more upbeat on the company’s prospects. Press Metal is
in the early stages of an earnings up-cycle.
3. Its strong investability is premised on:- (i) improved
balance sheet, with net gearing expected to be reduced to
0.9x by year-end (from 1.9x at end-FY13); (ii) upturn in
aluminium prices and premiums; and (iii) capacity boost
following the production ramp-up at its two plants.
4. (i) Management expects aluminium premium to be
sustainable at the current level, and to only face downward
pressure when aluminium prices reaches USD2,000/metric
tonne (MT) and above. Depending on the products, global
premiums are between USD150-USD500/MT currently (vs.
an average of USD150/MT a year earlier).
5. (ii) Its Mukah plant is currently wholly-producing billets,
which command higher premiums compared to P1020
ingots. At the same time, it is increasing the production of
A356 ingots at its Samalaju plant as the product
commands similar margins to the billets. Both plants are
already operating at a 100% utilisation rate.
6. (iii) Sumitomo’s acquisition of a 20% stake in the Samalaju
plant has been completed with proceeds of USD140mil. At
any given time, about 25%-30% of stocks are off-taken by
Sumitomo which has a dedicated yard in Samalaju.
2014-05-08 19:10 | Report Abuse
Ooi Teck Bee,...Now I know,
No wonder my remiiser asked me to buy to keep in future for Encorp last week !!!
2014-05-08 19:05 | Report Abuse
Encorp to expedite Felda's property foray
May 8, 2014 - PropertyGuru.com.my
Felda Investment Corp’s (FIC) controlling stake in Encorp will speed up the former’s plan to venture into property development, monetising its huge swathes of valuable landbank in major cities across Malaysia.
“To expedite the plan, we needed a vehicle, and after some studying, we thought that Encorp was a good platform for us to execute that plan,” CEO Mohd Zaid Abdul Jalil told StarBiz.
On Tuesday, the Federal Land Development Authority’s (Felda) investment division acquired a 49.45 percent stake in Encorp for RM239.72 million.
While Encorp has a good track record in the industry, FIC will need to bring in its own management team due to the impending departure of high-level officials at the said company. According to insiders, Encorp’s current CEO will soon resign, but COO Mohd Ibrahim has decided to stay.
Although he refused to specifically name the assets, Mohd Zaid revealed that a combination of FIC’s hospitality assets and undeveloped land would be placed into Encorp.
“Our priority now is to go through with the mandatory general offer. Then, we will look back at our plans and see when it is a good time to inject what asset into Encorp.”
Foo Gee Jen, Managing Director at C H Williams, Talhar & Wong (WTW), commented that FIC’s acquisition will expedite its foray into the real estate sector.
“Generally, for entities like Felda with large land banks, it may take years to grow organically into a property player to unlock land value. The only way to move faster is through joint ventures or mergers and acquisitions.”
Another expert added that this is a good move despite the challenging market.
“Even though the property market is expected to be a bit soft in the short term, the timing does not really matter because this will benefit FIC and Felda in the bigger picture.”
2014-05-08 16:15 | Report Abuse
So, Ring. Encorp worth to buy in or not now ?
2014-05-08 15:44 | Report Abuse
Net Profit in 31.12.2013 is rm15.2 million
But in Forecast 31.12.2014
Net profit expect will be hit at RM255.6 million.
2014-05-06 22:13 | Report Abuse
Me too, Pmetal will reach more than RM4.00!!
2014-05-06 22:07 | Report Abuse
aiya, today I should buy in another 3 lots Gadang at below rm.1.70.
In my hand only got 7 lots.
I wish to collect until 10 lots Gadang as my Radar .
2014-05-06 21:02 | Report Abuse
http://www.thestar.com.my/Business/Business-News/2014/05/06/Felda-Investment-to-make-takeover-offer-for-Encorp/
...Encorp is going to North ?
2014-05-05 16:50 | Report Abuse
I ran fr SBC at rm2.37 last week.
i will collect back SBC.
2014-05-05 16:33 | Report Abuse
me too, ran out at rm0.650 last week.
2014-05-03 23:45 | Report Abuse
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1544265
Profit Ater Tax in cummulative period 31.12.2013 is RM1,353,312,000
2014-05-03 23:44 | Report Abuse
YTL, ...this campany earned so much money.
Profit Ater Tax in cummulative period 31.12.2013 is RM1,353,312,000
Share price really deeply undervalued !!!
2014-05-03 23:40 | Report Abuse
I take profit first then I bought back Gadang shares.
2014-05-03 23:40 | Report Abuse
last 4 week I bought 10 lots at rm1.44, but after 1 week later I sold at rm1.81 all my lots.
Then I kept back Gadang and I believed Gadang is my radar in 2014-2015.
2014-05-03 14:05 | Report Abuse
I think some of them will sell on good news.
2014-05-03 14:03 | Report Abuse
I went in Gadang this week 7 lots.
Hope to buy in another 3 lots next week.
2014-04-29 16:49 | Report Abuse
HOLD, may buy below rm0.50 pantech-wa today !!!!!
2014-04-29 16:30 | Report Abuse
May take this opportunities to collect since gadang is on down trend.
2014-04-29 06:35 | Report Abuse
I agreed with tonywong8 above statement.
2014-04-29 06:34 | Report Abuse
They (RHB) said Pmetal will break RM4.00 above for sure !!!
Break or not break RM5.00 is depend on how many investors who willing
want to support Pmetal in future.
2014-04-28 22:04 | Report Abuse
ECOWLD this stock is diffrent with others properties stock.
I dint buy anyEcowld share, but I planned to collect some more lots. in May 2014.
2014-04-28 21:55 | Report Abuse
But if continue drop, can collect .
No harm to accumulate Gadang until December 2014.
Sure exceed rm3.00 by December 2014.
With Par value RM1.00.
2014-04-28 21:53 | Report Abuse
Not like TA said in the daily chart.
support at rm1.80 tomorrow.
2014-04-28 21:15 | Report Abuse
I believe Pmetal will fly over RM3.80.
Stock: [ECOWLD]: ECO WORLD DEVELOPMENT GROUP BERHAD
2014-05-12 21:26 | Report Abuse
once report is out, Profit taking happened .