improve liquidity + makes it easier to push the price up. one cent up after split = 2.5 c pre split. these are signs of a share being strong. my advise? get in before they split as any price upwards is 2.5x as much.

great qtrly results!!

break 431, when u see price keep breaking resistance levels, these are strong buy indication. previous resistance at 420 was broken, and price hovered around 422- 425. now break 430 it should hover at 432 -438

looking at the charts, expect in 1-mth tp to reach 475

450 460 still cheap, since its only a 5% premium from its 1-yr lows. when a stock break out, charts normally predict a 30% rise, which is a 125 bps (meaning tp is 550), first resistance at 500 (a 20% upside, normally resistance, if break 500 will trend up to 550)

determined buy queue at 4.24. strong buying interest. good qtr numbers coming out this week and next.

hoho exceeded expectations this quarter. big announcement.

low early vol, the price dec is negligible. if u look at sell queue now, i think next half hour funds can push up by 100 cents

Lets be logical and think. Epf has been taking in the last two months. Last friday rally can only be attributed to fund managers pushing up the price. If u look at the buy/sell queues on friday, its very obvious its a fund pushing it (lots were taken 20 - 30 at times).

Now if you were a fund buying in at 4.30-4.40, do u think u will let the price trend any lower. Not to mention good previous quarter result (which is also the full year result) and also estimated for another dividend announcement with the q result.

good quarter results, expected to go back to 5.00

same standoff at 4.19 as was the case when it was at 3.49. expecting the counter to break through and soar another 20c (mirroring the same trend)

good dividend

last 15 min, see surprise

the trend for last two weeks was wed and thurs rally. will this trend continue tmrw?

year lows, but looks supported at 4.70. time to see tmrw.

a stable company will not drop that much after the ex-date, this counter merely pure speculation for big boys to play. expect next quarter to drop even more, dividend wont cover the fall.

007 everyone is entitled to an opinion, its just a forum here. whether you are subject to ridicule or praise depends on your facts and credibility. regardless you say price up or down, its the same side of the coin, meaning your comments holds no weight.

you do know that even if profit down by 20%, it is only for one quarter. you have to look at whole year performance to make that statement. pls do calculations correctly, it seems as if you are the new one in the market.

this round AGM seems to be paring up for another divident announcement, this time at 3%. press metal previous quarter did much better than 1st quarter. highly positive quarterly report awaiting us.

tactic to scare investors, put huge order then pull out whenever they feel like pushing price up

speculative stock, no long term positives from this counter. even with the recent gain.

i think people here needs to und that small time investors like us won't affect the majority of price movements. as such when we give advise we should at least back it up with reason.

this drop to 2.80-2.90 was alrdy expected, price will prob trade flattish abit. other than that providing no global economy meltdown, price will break 3.30 next qtr report release (june)

@Maxireturn by your own reasoning you should thus sell cause you like to be contrarian. you think you are smart but have no reasoning to back up your claims, just everyday say buy, buy, buy. let me give u real advise, if it can go up 20c today, tmrw it can go down the same.

however good run from gtronic atm. oh next time if you have beef with me don't just do it when situation favors you. lets discuss it during at all times.

prob gonna trade flat from now to next few weeks, trending 2/3 cents down here and there. 2.90 is a great price to go in. support at 2.82. once there, pmetal is dead cheap to buy in.

have already stated it will trend lower slightly to 2.90 for the next month or so. after that, will fly to 3.40 upon release of next quarter result, shall trace the rebounding aluminium price.

for pmetal, even if commodity down their denominated sales are in usd (naturally hedged) so if usd is up, it will translate to an fx gain and their bottom line is not affected. look at 20154Q financial statement and u will see the same thing.

we have to see the broad mkt, klci n ringgit down - high unlikely it will just trade 'sideways', this past 2 mth rally will eventually have to reverse (all factors pointing to it). but al prices and pmetal fundamentals still there - positive for next qtr

after ex-date expect price to drop slowly to about 2.80 (-10%) after rallying by 15% since april . price will pick up again in july/august. depending also on aluminium price. but this quarter expected better results.

upon next release of quarter results, expect to drop to below 3. then only start accumulating.

starting to climb back now, heavy rally last 10-15min

volume is low meaning its not even the real trading price. theres only 15 lots to clear to 3.10 and another 50 lots to 3.15. where else the buy support is there for over 1k lots at 3.05.

hmph buying flow happened only 15 min before close. tmrw morning opening, see it shoot up by 10c - 15c.

told u all before that the funds will start accumulating on 16th- 18th. lots of times its not up to us small investors to affect the mkt, its about front running these funds and outplaying their mind games.

panic selling from those that did not understand/read the ex-date. what a waste, these investors only look for cap gain but not yield returns.

looks like funds are accumulating slowly, although tough economic sentiment is dragging all klci stocks down. keep an eye next two days, may have a breakout soon.

no show time today, traditionally friday is a quiet day. and traditionally monday is the time where funds start playing with the price. flattish today, on monday is when u will see the price go up.

@confuse 10k is pennies to ppl like ng kweng chong, dont compare us and them and @shortinvestor77 this is a forum for discussion, to help others understand the situation

Latest indication, funds will keep things quiet till the end of this week, given the recent economy troubles and ringgit weakening. but for this counter, there may be strong interest on mon - wed, expected to climb at least 5% to 3.25-3.30

good company with vision wont let their share price slide by 40% within a week. and would not have indicated to research firms that their revenue is only "slightly" affected and not qtrly decrease by 70%.

Maxireturn is just trying to mislead other investors, he is the classic kind to try and push others to buy so he can dump his shares off to cut loss.

although the price wont jump like moniekj state, here's some proof of even more positive performance.
http://www.westmetall.de/en/markdaten.php?action=show_table&field=LME_Al_cash
based on al prices for jan-mar (the average can be seen to be around 1450-1550) but just on the basis of april/may data (al price is trending 1520 - 1650* the rebound is there).

on this basis alone expected earnings for nxt quarter is set to increase by 5-10%, how much this translates to share price we are not sure. but referring to the recent revision in target prices, we can expect 3.50 and above.

Don't be naive, they are the owners and executives of the company. If they don't support their own company, who's gonna instill confidence in the company. There are two reasons why they are accumulating 1) they want their share of the dividend that's upcoming and this price point is attractive for them to start buying considering they sold down few weeks ago 2) they want to defend the share price which if they don't it will plunge down even further, thus valuing the rest of their holdings even less

the difference between public n the owners is that they hold a long term view of the company. to me, gtronic plans is good but risky (betting highly on 3d imaging sensors) but all this are long term. will this share plunge lower? yes. will this share reach back the highs of 2013/14? maybe (in a 5 year cycle maybe)

At the current price, anything below 3.10 is an attractive price to get in. in the next few days, you will see the stock price jump nearing the ex-date, before trending downwards again. if you check against the aluminium price, pmetal price still holding firm, and once the aluminium price rebound, expect pmetal to reach 3.30. then it depends on their quarterly report next (expected to be even better than this quarter) and for it to reach 3.50.

Everyone is entitled to comment, but who you choose to believe at least base it on facts. All those that scream buy/sell most of them are baseless claims.

Fact: Research house has continuously state that 2H2016 is the recovery period for the semi con (meaning when numbers come in, its about Sept/Oct). Next quarter has no doubt you will see similar if not worse performance. Once the ex-date for the dividend passed, usually all stocks will almost see a selldown, think about this fact yourself. Especially with EPF and shareholders all holding these bullets.

Fact: Gtronic revenue has dropped 70% compared to last quarter, price target for its share price has all dropped by ~45%. Its share price only dropped 35% so far. The downside risk in the coming months is far greater than any upside. Combined with the current economy of Malaysia, do you see anyone investing in a slowdown sector this year. Sentiment is already bad.

Does that mean gtronic won't rebound and reach its highs? Absolutely not. it has already invested about rm50m in capex which should provide them good earnings, in 2017-2018. That's when we will see the pickup. What's the outlook in 2016 - expect to see further drop until 2.80 (which is about 45% matching the drop in target price). Then we see a trend higher.

even as aluminium price have trended downwards the past week, the share price did not follow, meaning there's no selling pressure (big funds holding for dividend). once aluminium price rebounds, you will see them do mass purchase especially this week/next week - 18th is the ex -date. based on recent trend, price will prob shoot up to 3.25 then to 3.30 (it already touched 3.20)

dont be fooled into thinking when epf buy means they think its good stock, the reason why they bought is to make money off those who is tricked that the stock is trending upwards. as soon as they buy, they sell back when the price is high.

this qr there will be no demand for semi con business (even the research house said , meaning the performance for gtronic might be even worst than last qtr. dont hope for any recovery until end of the year ( when the first qtr report comes out)

look at myr rate now, if usd/myr go higher, we will see even higher profits next qtr, which should offset the decrease in aluminium price. not to mention, sales are secured on the futures market, which pmetal have already secured before the price drop.

this qtr will see even higher profits (as the aluminium price uptrend) happened in this qtr, plus news of another dividend announcement in july.

i think 4.00 tp is not feasible for this year, but 3.60 - 3.70 definitely possible.