Posted by telusdansuci > 2 months ago | Report Abuse

Pmetal another darling stocks . Hold for long term my target price should be around Rm 7.00 counter yang boleh tetap boleh .

Posted by bullrun168 > 2 months ago | Report Abuse

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 !

Posted by Cayjiann Ng > 2 months ago | Report Abuse

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

Posted by Janus Mun > 2 months ago | Report Abuse

operator sapu?

Posted by sten_still > 2 months ago | Report Abuse

Discount for malaysian

Posted by shareinvestment7 > 2 months ago | Report Abuse

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.

Posted by sten_still > 2 months ago | Report Abuse

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

Posted by Janus Mun > 2 months ago | Report Abuse

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

Posted by rojakmee > 2 months ago | Report Abuse

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

Posted by Janus Mun > 2 months ago | Report Abuse

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

Posted by telusdansuci > 2 months ago | Report Abuse

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

Posted by spacking > 2 months ago | Report Abuse

https://www.instagram.com/p/C9OeY3wgh7M/

Posted by telusdansuci > 2 months ago | Report Abuse

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

Posted by Augustine > 2 months ago | Report Abuse

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

Posted by Janus Mun > 2 months ago | Report Abuse

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

Posted by Janus Mun > 2 months ago | Report Abuse

next support 5.19....

Posted by abc333 > 2 months ago | Report Abuse

wait below 5.06

Posted by telusdansuci > 2 months ago | Report Abuse

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

Posted by telusdansuci > 2 months ago | Report Abuse

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

Posted by telusdansuci > 2 months ago | Report Abuse

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

Posted by Janus Mun > 2 months ago | Report Abuse

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

Posted by Augustine > 2 months ago | Report Abuse

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

https://theedgemalaysia.com/node/719027

Posted by nelsonlim > 1 month ago | Report Abuse

after pmbtech move, pmetal shall go to 5.25

Posted by Cakes Moon > 1 month ago | Report Abuse

Buy!!!
KLSE so bullish recently!!!

Posted by PryorBuyer > 1 month ago | Report Abuse

Good qr + dividend, tq pmetal

Posted by Cakes Moon > 1 month ago | Report Abuse

Result is superb, why drop?
Topup!!!

Posted by Tenka226 > 3 weeks ago | Report Abuse

Journey to the East. Good say 😁
https://klse.i3investor.com/web/blog/detail/rhbinvest/2024-09-05-story-h468231229-Press_Metal_Journey_to_the_East_Reiterate_BUY

Posted by Agjl > 2 weeks ago | Report Abuse

Ringgit strengthen thats why drop

Posted by hw0706 > 2 weeks ago | Report Abuse

press metal kilang explore

Posted by hhhiii123 > 2 weeks ago | Report Abuse

Good chance to collect when sharp drop lol

Posted by OldWiseMan100 > 2 weeks ago | Report Abuse

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

Posted by ggleow > 2 weeks ago | Report Abuse

so serious the fire.
like this sure limit down

Posted by pang72 > 2 weeks ago | Report Abuse

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

Posted by ggleow > 2 weeks ago | Report Abuse

can drop for another 50 sen tomorrow.

Posted by Babayaga > 2 weeks ago | Report Abuse

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

Posted by hw0706 > 2 weeks ago | Report Abuse

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

Posted by pang72 > 2 weeks ago | Report Abuse

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

Posted by pang72 > 2 weeks ago | Report Abuse

The factory still there la..
Scary

Posted by hhhiii123 > 2 weeks ago | Report Abuse

Got insurance, hopefully strong rebound in alumni price

Posted by juon > 2 weeks ago | Report Abuse

Tomorrow kena liao, next target kena short

Posted by Tenka226 > 2 weeks ago | Report Abuse

Collect before it crosses RM5 again 😉

Posted by Fabien _the efficient capital allocator > 2 weeks ago | Report Abuse

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

Posted by SMInvest > 1 week ago | Report Abuse

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

Posted by Tenka226 > 1 week ago | Report Abuse

Good for you, Fabien, bought at the bottom price

Posted by Fabien _the efficient capital allocator > 4 days ago | Report Abuse

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.

Posted by rl68 > 4 days ago | Report Abuse

@Fabian, when will the power purchase agreement end?

Posted by Fabien _the efficient capital allocator > 2 days ago | Report Abuse

PPA contracts ending between 2034 and 2040

Posted by Fabien _the efficient capital allocator > 2 days ago | Report Abuse

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

Posted by rl68 > 2 days ago | Report Abuse

@Fabian, tq. All the best.

Posted by Fabien _the efficient capital allocator > 2 days ago | Report Abuse

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.