PRESS METAL ALUMINIUM HOLDINGS BERHAD

KLSE (MYR): PMETAL (8869)

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Last Price

4.63

Today's Change

-0.06 (1.28%)

Day's Change

4.62 - 4.72

Trading Volume

3,794,000


18 people like this.

15,932 comment(s). Last comment by SMInvest 1 day ago

Hunger

1,292 posts

Posted by Hunger > 2017-05-02 16:48 |

Post removed.Why?

LilyLL

661 posts

Posted by LilyLL > 2017-05-02 16:50 | Report Abuse

Shit drop like rocket

Vivolove

32 posts

Posted by Vivolove > 2017-05-02 16:50 | Report Abuse

Why suddenly droppppppp?

Bizfuneng

883 posts

Posted by Bizfuneng > 2017-05-02 16:53 | Report Abuse

Aiya....oversight!!!

hslian79

11 posts

Posted by hslian79 > 2017-05-02 16:54 | Report Abuse

morning naik rocket to rm3, but now stand drop till rm 2.84 :'(

Bizfuneng

883 posts

Posted by Bizfuneng > 2017-05-02 16:54 | Report Abuse

Anyway....is good I took some profit.

Hunger

1,292 posts

Posted by Hunger > 2017-05-02 16:55 | Report Abuse

A lot of days naik d...drop a bit nia all panic duh

Posted by Hui Xin Sim > 2017-05-02 16:55 | Report Abuse

ALPHA MILESTONE SDN BHD 13-Apr-2017 Disposed 76,000,000 0.250

DATIN KHOO EE PHENG 13-Apr-2017 Disposed 76,000,000 0.250

DATO' KOON POH KEONG 13-Apr-2017 Disposed 76,000,000 0.250

MADAM ONG SOO FAN 13-Apr-2017 Acquired 76,000,000 0.250

MR KOON POH MING 13-Apr-2017 Acquired 76,000,000 0.250


MADAM CHAN POH CHOO 07-Apr-2017 Notice of Interest 12,000,000
2.500

MR KOON POH WENG 07-Apr-2017 Notice of Interest 12,000,000 2.500

SHQuah

5,363 posts

Posted by SHQuah > 2017-05-02 16:55 | Report Abuse

Last week sold all Pmetal move to Dnex and Gpacket.

Posted by Hui Xin Sim > 2017-05-02 16:56 | Report Abuse

DATO' KOON POH TAT 21-Apr-2017 Others 745,774 0.390
DATO' KOON POH KEONG 13-Apr-2017 Disposed 76,000,000 0.250
MR KOON POH MING 13-Apr-2017 Acquired 76,000,000 0.250
DATO' KOON POH TAT 07-Apr-2017 Acquired 12,000,000 2.500
MR KOON POH KONG 07-Apr-2017 Acquired 12,000,000 2.500
MR KOON POH WENG 07-Apr-2017 Acquired 12,000,000 2.500

Posted by Hui Xin Sim > 2017-05-02 16:57 | Report Abuse

acquire more or sell more? they just do some stock re balance among family members...
this bizfun

Hunger

1,292 posts

Posted by Hunger > 2017-05-02 16:58 |

Post removed.Why?

Posted by ConfortZone > 2017-05-02 16:59 | Report Abuse

i would sat these a.. h...

Mike Jcy

607 posts

Posted by Mike Jcy > 2017-05-02 17:04 | Report Abuse

All of u can start consider on dsonic o tunepro...

Posted by Hui Xin Sim > 2017-05-02 17:04 | Report Abuse

sell at 0.25 off market la... you sell to me la... i sapu all with cash... LOL... you really think can get 0.25... you making me laugh until stomach pain... you only sell at that price to family members...

RJ87

5,134 posts

Posted by RJ87 > 2017-05-02 17:14 | Report Abuse

Those really exit and make handsome money normally come here to say thank you and bye bye. Where got come tell Abang jual kepada Adik story.

Bizfuneng want to collect. Panic seller fast fast sell to him.
Lame tactics...*shakehead...No panic...No panic...

Hunger

1,292 posts

Posted by Hunger > 2017-05-02 17:17 | Report Abuse

Dumb sial...i hope this counter no such selfish guy plz.we are here together earn.dun cause losses to others for youself

Moving on Bintulu port news http://www.thestar.com.my/business/business-news/2017/05/02/more-cargo-lower-tariffs/

RJ87

5,134 posts

Posted by RJ87 > 2017-05-02 17:22 | Report Abuse

Collect at 2.84 opening tomorrow and make handsome 10% profit in a week!

yoong

126 posts

Posted by yoong > 2017-05-02 17:23 | Report Abuse

pmetal gonna shine. period. haters gonna hate

magus

397 posts

Posted by magus > 2017-05-02 17:23 | Report Abuse

price drop somewhat, everyone start to panic. post old news and start creating doubts.

TF Peter

546 posts

Posted by TF Peter > 2017-05-02 17:31 | Report Abuse

Price drop, many Panic.. many Sell, furthet drop again. Then some will pick secretly,, without our knoeledge. I hold on n pick some.

happy123

213 posts

Posted by happy123 > 2017-05-02 17:36 | Report Abuse

the straight line price drop in the last 1 hour is quite unusual, having said that the correction is healthy and the sell down vol (about 3m shares) isn't really alarming, think there might still be some selling pressure in the next few days, let's see if the price can hold this week

Posted by Hui Xin Sim > 2017-05-02 17:37 | Report Abuse

DATO' KOON POH TAT 07-Apr-2017 Acquired 12,000,000 2.500
MR KOON POH KONG 07-Apr-2017 Acquired 12,000,000 2.500
MR KOON POH WENG 07-Apr-2017 Acquired 12,000,000 2.500

yes director also confident that the price worth more than that... no director will use cash to buy stock in open market if they don think the price can worth much higher....

Hunger

1,292 posts

Posted by Hunger > 2017-05-02 17:39 | Report Abuse

Selling is 1,719,400
vs
Buying is 3,135,200

highly doubt is a selling pressure,its just normal correction

Xu Yu Fu

203 posts

Posted by Xu Yu Fu > 2017-05-02 17:42 | Report Abuse

Maybe is because PMetal PE already 20.06 and aluminium price today dropped from USD1,924 to USD1,911.

Hunger

1,292 posts

Posted by Hunger > 2017-05-02 18:55 | Report Abuse

Even aluminium price drop..average up it is still higher than 1,800

Awet91

1,934 posts

Posted by Awet91 > 2017-05-02 19:17 | Report Abuse

What happen down?any bad news or correction?hope can up more this is may already.pmetal delay flight.

Hunger

1,292 posts

Posted by Hunger > 2017-05-02 19:21 | Report Abuse

Pmetal everytimr also like this...buat orang tulan.later quietly fly up

Hunger

1,292 posts

Posted by Hunger > 2017-05-02 19:22 | Report Abuse

Im not scared cos once quarterly result out this week it will fly

Posted by Beginner1989 > 2017-05-02 22:09 | Report Abuse

Good time to go in?

Hunger

1,292 posts

Posted by Hunger > 2017-05-02 22:20 | Report Abuse

The price dipped.enter when u feel buying power is up beginner

yoong

126 posts

Posted by yoong > 2017-05-02 23:14 | Report Abuse

http://www.malaysiastock.biz/Company-Announcement.aspx?id=969243

thought result is out

Hunger

1,292 posts

Posted by Hunger > 2017-05-02 23:21 | Report Abuse

No la yoong...thats annual report for last year.hahah u din read cos its too long isit?anyway to summarize it shows the company is slowly making profit

gcke

1,359 posts

Posted by gcke > 2017-05-02 23:27 | Report Abuse

Even though today there was a long black candle on The Technical Price Charts,fundamentally the stock is still sound.Along the way,PMetal had similar trading patterns in the past.Today is not the first! Later the price recovered well and breached the highs reached before.
2.The sudden drop in price from RM 3.00(intra-trading) to RM 2.84 at the closing is nothing out of ordinary.Such event had happened to Gkent,RHB,Apollo,AMBank and many others.
3.Basing on the Moving Average(MA the price trend has been up gradually after ex-bonus and split last year.
4.MACD line is still above the Signal Line indicating there is still price support.
5.Relative Strength Index(RSI) showed the stock in overbought condition.Probably explained for today sudden price reversal.

Expect the coming QR to be good.

Outcome: There will be a price correction in the next few days before the price reverses upwards.Altrenatively,the price trend can also quickly reverse during tomorrow trading if the market forces dictates.Such price phenomena had happened to other active and strong stocks in Bursa.

Just to share.Happy and smart investing.

Posted by Beginner1989 > 2017-05-02 23:36 | Report Abuse

@Hunger but the trend was really weird. Suddenly a dip in prices. Hope it dips more, but this is a long term stock to hold

Posted by Beginner1989 > 2017-05-02 23:37 | Report Abuse

@gcke thanks for sharing

Hunger

1,292 posts

Posted by Hunger > 2017-05-02 23:39 | Report Abuse

Lol its normal.look at the graph.i think this is the 2nd time we investor faced this already.first was at 2.7 then it dipped to 2.35 then goes up.now it goes from 2.72 to 2.99 then dipped 2.84.should be climbing up after this.thats why we all call this dulan counter...make ppl dulan

Hunger

1,292 posts

Posted by Hunger > 2017-05-02 23:43 | Report Abuse

For long term yes..i lazy wana pull in and out of this counter d.i allocate another some money to play intra.this 1 ill keep for long term

Posted by Beginner1989 > 2017-05-02 23:43 | Report Abuse

i hope it dip ar... so I can buy cheaper

minigiant

59 posts

Posted by minigiant > 2017-05-03 03:24 | Report Abuse

Based on the buyer/seller volumes for Tuesday 02/05, it seems like there were more buyers at RM2.84 and could be just someone just intentionally push down the price.

Hunger

1,292 posts

Posted by Hunger > 2017-05-03 09:03 | Report Abuse

Jumping back up

Hunger

1,292 posts

Posted by Hunger > 2017-05-03 09:24 | Report Abuse

Ya..learn not to panic sell.sad for those who fall to the trap set up yesterday

Posted by leslieroycarter > 2017-05-03 10:25 | Report Abuse

Steel associated cos r making waves .....

Posted by ConfortZone > 2017-05-03 10:41 | Report Abuse

steel is good?

gcke

1,359 posts

Posted by gcke > 2017-05-03 11:07 | Report Abuse

Basing on the Technical Price Charts the weak buyers for the stock have been flushed out. But the price momentum needs time to perk up!.

Anyway,today price reversal from 2.84 to 2.88 is something positive.

2.The ROE = 21.79 shows that the company has managed the resources efficiently to generate revenues and profits.

3.The coming QR report on this week or later part of the month will be good.

Outcome: The price uptick and support is intact unless there is a grave geo-political risk and adverse development on the affairs of the company which will impact on the price trend.

Just to share,happy and smart investing:-)))

Hunger

1,292 posts

Posted by Hunger > 2017-05-03 12:16 | Report Abuse

A word of advice.dont play catch steel price cos its way too high already.u will get burmed

moneykj

6,141 posts

Posted by moneykj > 2017-05-03 14:03 | Report Abuse

Today meriah again ar...

slts

2,236 posts

Posted by slts > 2017-05-04 08:08 | Report Abuse

more downside. tech turn bearish

telusdansuci

1,696 posts

Posted by telusdansuci > 2017-05-04 10:13 | Report Abuse

Ekovest , tadi masuk Rm 1.18. Profit from the panic . Terima kasih . Pmetal belum jual lagi . Pmetal mesti boleh .

moneykj

6,141 posts

Posted by moneykj > 2017-05-04 11:27 | Report Abuse

Now you can see the value of Pmetal

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