PRESS METAL ALUMINIUM HOLDINGS BERHAD

KLSE (MYR): PMETAL (8869)

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Last Price

4.66

Today's Change

+0.05 (1.08%)

Day's Change

4.56 - 4.67

Trading Volume

3,031,100


18 people like this.

15,932 comment(s). Last comment by SMInvest 2 days ago

Investo

1,975 posts

Posted by Investo > 2016-05-09 07:38 | Report Abuse

Buy or bye? Gone up aready.

Posted by Mohd Fahmi Bin Jaes > 2016-05-09 07:56 | Report Abuse

bye

moniekj

1,037 posts

Posted by moniekj > 2016-05-09 08:02 | Report Abuse

Buy signal again

Investo

1,975 posts

Posted by Investo > 2016-05-09 08:03 | Report Abuse

bye, bye, buy, buy!

Moneyfoo

476 posts

Posted by Moneyfoo > 2016-05-09 08:43 | Report Abuse

Good morning everyone...

Moneyfoo

476 posts

Posted by Moneyfoo > 2016-05-09 09:19 | Report Abuse

Moniekj~ sifu..tis price still can buy is it?

Posted by moneymoneycome > 2016-05-09 14:18 | Report Abuse

Al price further drop, as per now is only 1583...

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-05-09 14:48 | Report Abuse

So .. hihi

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-05-09 15:13 | Report Abuse

Ok. Touched 3.2

Moneyfoo

476 posts

Posted by Moneyfoo > 2016-05-09 15:14 | Report Abuse

Jingweihan ~ u sell it now?

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-05-09 15:50 | Report Abuse

Sold wc only. Keep bullet for mother11

Moneyfoo

476 posts

Posted by Moneyfoo > 2016-05-09 15:55 | Report Abuse

Jingweihan ~ oh ic :)

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-05-09 15:59 | Report Abuse

Very good index keep dropping

Posted by blackjack13 > 2016-05-09 16:28 | Report Abuse

1634.91..

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-05-09 17:17 | Report Abuse

Waiting for u

Posted by Alex Lim Jun Xiong > 2016-05-09 18:25 | Report Abuse

After Jingweihan sold at RM3.20, pmetal straight down thereafter.
I think bankers start to trap retailers in CL before expired, then Pmetal only continue moving.
Hahax~

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-05-09 18:50 | Report Abuse

Sold all the wc at 1.99 n get ready for mother.
Al price when u want to rebounce?

moniekj

1,037 posts

Posted by moniekj > 2016-05-09 22:17 | Report Abuse

Commodities all down due to profit taking, aluminium just follow. No worry. Aluminium recent hike is back by demand. When they realize that, they will chasing back.

Investo

1,975 posts

Posted by Investo > 2016-05-10 07:35 | Report Abuse

Lucky i dun buy yet. Whut price gud price 2 buy?

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-05-10 08:09 | Report Abuse

Chance to buy?

moniekj

1,037 posts

Posted by moniekj > 2016-05-10 08:20 | Report Abuse

Since 3 months ago bought back pmetal, today golden opportunity for me to add some more. Will buy at slightly lower than yesterday closing price.

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-05-10 08:51 | Report Abuse

Buy.

Investo

1,975 posts

Posted by Investo > 2016-05-10 09:15 | Report Abuse

KLCI duwn alot, still buy?

wikioon

196 posts

Posted by wikioon > 2016-05-10 10:13 | Report Abuse

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.

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-05-10 11:22 | Report Abuse

3.2

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-05-10 11:33 | Report Abuse

Add in some

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-05-10 13:04 | Report Abuse

No buy no lose. 3.2 coming

moniekj

1,037 posts

Posted by moniekj > 2016-05-10 14:06 | Report Abuse

Mother can't get. Bought some w. After continue buying.

wikioon

196 posts

Posted by wikioon > 2016-05-10 15:29 | Report Abuse

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)

moniekj

1,037 posts

Posted by moniekj > 2016-05-10 22:59 | Report Abuse

3.60

michaelwong

3,072 posts

Posted by michaelwong > 2016-05-11 02:15 | Report Abuse

Patient deserved rewards !

Investo

1,975 posts

Posted by Investo > 2016-05-11 07:33 | Report Abuse

早安 Al price duwn again. Lucky i dun buy yet.

moniekj

1,037 posts

Posted by moniekj > 2016-05-11 08:18 | Report Abuse

Lucky? Below 3.00 oredi ask u to buy la..

moniekj

1,037 posts

Posted by moniekj > 2016-05-11 09:47 | Report Abuse

Will rebound very soon to 1750

Investo

1,975 posts

Posted by Investo > 2016-05-11 09:58 | Report Abuse

moniekj, yes tks but i skared la. :-(

brgrfan

48 posts

Posted by brgrfan > 2016-05-11 10:31 | Report Abuse

moniekj, i have been following dis chat for quite a while, is it still good to top up n wat's the suggested price to get in?

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-05-11 10:32 | Report Abuse

No buy no lose ar!

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-05-11 10:33 | Report Abuse

Loss

wikioon

196 posts

Posted by wikioon > 2016-05-11 11:02 | Report Abuse

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.

brgrfan

48 posts

Posted by brgrfan > 2016-05-11 11:04 | Report Abuse

thx u thx u =)

moniekj

1,037 posts

Posted by moniekj > 2016-05-11 11:27 | Report Abuse

Park at buyer. At least 10% in 2 weeks time.

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-05-11 11:32 | Report Abuse

No buy also no gain.
I believe in 10%

moniekj

1,037 posts

Posted by moniekj > 2016-05-11 11:35 | Report Abuse

Aluminium 1543 is very strong support line. The price is going up now. Trend towards 1750 in mid term. Don't wait till 1750 only buy. Below 3.14 can buy.

brgrfan

48 posts

Posted by brgrfan > 2016-05-11 13:08 | Report Abuse

ok ok well noted. thx for the advice.

moniekj

1,037 posts

Posted by moniekj > 2016-05-11 13:58 | Report Abuse

This stock like Man U under Alex Fergosan era.

moniekj

1,037 posts

Posted by moniekj > 2016-05-11 14:11 | Report Abuse

Man U can defence very well then, when swift to attack mode, they will attack, attack, attack..

moniekj

1,037 posts

Posted by moniekj > 2016-05-11 14:14 | Report Abuse

Aluminium going up now, when the market resume after lunch, Pmetal will attack, attack, and attack...

Moneyfoo

476 posts

Posted by Moneyfoo > 2016-05-11 15:52 | Report Abuse

Noted..thank you ya :)

wikioon

196 posts

Posted by wikioon > 2016-05-11 16:04 | Report Abuse

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.

Jingweihan

1,605 posts

Posted by Jingweihan > 2016-05-11 16:41 | Report Abuse

Man U defence only.

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