Posted by Sigmund1118 > 2017-05-11 07:42 | Report Abuse

I believe Pmetal trending down is related to MYR getting stronger ( assume it is mild export counter) and Al LME price drop from 1960 to 1867 within 2 weeks .

Posted by Hunger > 2017-05-11 08:46 | Report Abuse

Sigmund1118,pmetal either way MYR stronger or weaker will still benefit pmetal.why?cos pmetal buy raw material using MYR,and sell aluminium using USD

Posted by Hunger > 2017-05-11 09:10 | Report Abuse

going up.congrats to those that bought in 2 days ago =)

Posted by coco29317 > 2017-05-11 10:04 | Report Abuse

down down down again

Posted by davkitz > 2017-05-11 10:13 | Report Abuse

heart attack counter

Posted by Hui Xin Sim > 2017-05-11 10:16 | Report Abuse

https://www.investing.com/analysis/aluminum-price-forecast,-may-2017:-goldman-sachs-bullish-200188206

Posted by LilyLL > 2017-05-11 10:18 | Report Abuse

Omg I think today sure drop below 2.69 last week I buy 2.90 lah shit

Posted by davkitz > 2017-05-11 10:22 | Report Abuse

see if the support manage to sustain

Posted by coco29317 > 2017-05-11 10:25 | Report Abuse

the rise price of the aluminium doesnt reflect on this counter.

Posted by Hui Xin Sim > 2017-05-11 10:31 | Report Abuse

goldman said LME will be 2100 in one year time... i also dont understand why LME dropping recently... but seem already found strong support before advancing again....

Posted by telusdansuci > 2017-05-11 10:35 | Report Abuse

Jangan sedih atau susah hati sebab ia akan naik balik punya . Percayalah Press Metal sebab Pmetal tetap boleh .

Posted by gcke > 2017-05-11 10:37 | Report Abuse

Presently,vide the Technical Price Charts-MA,MACD,RSI the stock is presently bearish.Quite normal after a good run from ex-Bonus and Split to the current price.Market price will move up and down.

Patient investors will be handsomely rewarded:-)))

Posted by Euphoria87 > 2017-05-11 10:40 | Report Abuse

From the graph, the LME is consider on uptrending.

FYI: Pmetal driven by a ramp-up to full capacity, higher aluminium prices, a weak ringgit and cost savings in logistics. A major potential catalyst will be a further 50% expansion at its Samalaju plant. Initiate coverage with BUY and target price of RM3.30, based on a 17x fully-diluted 2018F EPS.

If the Aluminium price is on upper trend, so do the earning.

Further to that, they yet to announce the quarter dividend, the rush will follow soon. Hold still. If as what LilyLL say, if it fall to 2.69, it is a good time to add more, as this counter, never fail to repeat history (high point of RM3.00) and create better future (Higher than RM3.00).

Confident is from yourself, not given. If you beleive the counter can do better, it definitely will. Do not frustrated over small drop.

Posted by Edwardong53 > 2017-05-11 10:40 | Report Abuse

Their Qtr results wil be coming out very soon. Hope it will be cataylst for its next up trend again to TP RM3.50

Posted by Hui Xin Sim > 2017-05-11 10:40 | Report Abuse

Posted by coco29317 > May 11, 2017 10:25 AM | Report Abuse

the rise price of the aluminium doesnt reflect on this counter.


what you saying??? the rise of aluminium price will affecting the performance of Pmetal.. and the depreciation of MYR vs USD...
but what is special about Pmetal is the cost effectiveness of its operation.. cheap energy and logistic... and it is producing more and more of value added product... more margin... the LME can climb higher then definately it will be a bonus for pmetal. but at current price the result will be good too..

Posted by ttluck > 2017-05-11 11:25 | Report Abuse

its time to collect more...a healthy consolidation...

Posted by TF Peter > 2017-05-11 12:21 | Report Abuse

Qqqqqq 2.73 again

Posted by Investo > 2017-05-11 13:05 | Report Abuse

PMetal up morning but now in red. Got sell pressure, difficult 2 go back up N break 3.00 unless results very good.

Posted by Hui Xin Sim > 2017-05-11 18:44 | Report Abuse

https://www.investing.com/commodities/aluminum
see easy to climb up if aluminium uptrend back bo... hehe

Posted by Hunger > 2017-05-11 18:52 | Report Abuse

Lol.those aluminium price will surge back.thats why i say dont worry

Posted by telusdansuci > 2017-05-11 19:11 | Report Abuse

http://www.theedgemarkets.com/article/alcom-jumps-177-soaring-4q-earnings-dividend

Posted by meistsk3134 > 2017-05-11 19:23 | Report Abuse

hunger u need to read china about steel news as china have bad economic and trying limit all industry part.

Posted by Hunger > 2017-05-11 19:46 | Report Abuse

I did read the news.thats chinas prob not ours.cos president xi promised trump 100 days later they will see the result of anti dumping steel issue.that is china promised to mr trump

Posted by meistsk3134 > 2017-05-11 21:35 | Report Abuse

and it does affect our malaysia industry too

Posted by meistsk3134 > 2017-05-11 21:36 | Report Abuse

because malaysia depend on china import and export

Posted by Hunger > 2017-05-11 21:46 | Report Abuse

Why depend on china?totally not related.USA is forcing china to control their output.so aluminium price rise and we benefit from it.try going press metal website to check their customer.even dato koon say the slowing down on china production is helping him a lot

Posted by Gabriel Khoo > 2017-05-11 23:13 | Report Abuse

They hv plant in china

Posted by Hunger > 2017-05-12 00:02 | Report Abuse

True.but china only clamp down illegal smelters and those that cause enviroment issue

Posted by telusdansuci > 2017-05-12 09:55 | Report Abuse

Always remember " Berani kerana benar dan takut kerana salah " . Apa mahu takut dan ' tulan ' terhadap Pmetal kalau kita betul-betul percaya dan yakin terhadap masa hadapan syarikat Pmetal . Percayalah Pmetal kerana Pmetal boleh dan tetap boleh .

Posted by Investo > 2017-05-12 13:01 | Report Abuse

Pmetal how afternoon? Price like waiting 4 good results b4 move again. Laugh

Posted by TF Peter > 2017-05-12 13:22 | Report Abuse

Still hold tight. No selling until tp reached.tq

Posted by Hunger > 2017-05-12 13:42 | Report Abuse

Everyday ask same question..not boring meh

Posted by salman > 2017-05-12 15:02 | Report Abuse

Pmetal memang terbaik

Posted by prudencee > 2017-05-12 15:32 | Report Abuse

does anyone know when pmetal result release?

Posted by magus > 2017-05-12 15:43 | Report Abuse

hold until at least tp of 3.30 by uobkayhian reached, then can consider to sell

Posted by LilyLL > 2017-05-12 16:55 | Report Abuse

Today good closing 2.79 next week up again

Posted by kkyap8 > 2017-05-12 17:16 | Report Abuse

Pmetal result should be out next week, they said on the 18th but not confirm.

Posted by ivan8233 > 2017-05-12 17:41 | Report Abuse

ya.. release on 18/5

Posted by Peng1185 > 2017-05-15 22:46 | Report Abuse

Aluminium price up , what the point. PMETAL is still around at 2.80 for so long . Really tulan with it lor, still don't Wan to release the QR aaa. ....

Posted by Hunger > 2017-05-16 00:00 | Report Abuse

peng,like i say,patience..haha.this is normal for us d.the dulan counter

Posted by magus > 2017-05-16 09:32 | Report Abuse

patience peng1185, just wait for qr announcement. Pmetal is not a punting stock, it is to be held for at least 6 to 12 months for meaningful gains. you want activity and thrills, go for IWC or dnex o

Posted by Awet91 > 2017-05-16 10:20 | Report Abuse

Too long pmetal sleep need to wake up.2-3month lingering around 2.7-2.9 ermmm mental calar.huhu

Posted by coco29317 > 2017-05-16 10:43 | Report Abuse

well this is wat i said the price still go down down down down even though yesterday aluminium price up. All this while i thought the momentum price of penny stock is scary but this counter is even worse, price increase takes three weeks time but go down only few days time. i can understand if its a lousy counter , in fact it is not and it is a counter should worth at least rm3.00 and beyond. But now, acting like a donkey .

Posted by coco29317 > 2017-05-16 10:45 | Report Abuse

and luckily i didnt throw all the money into this counter otherwise i will die of heart attack

Posted by ViWizard > 2017-05-16 10:52 | Report Abuse

haha contra player cannot tahan kah?

Posted by Hunger > 2017-05-16 10:53 | Report Abuse

haha contra player where can tahan.prolly ppl like me,hot blooded type also cant tahan.but when u least expect it,it will go up.thats why pmetal=dulan counter

Posted by coco29317 > 2017-05-16 11:06 | Report Abuse

im holding it since feb this year until now , if im a contra player , ald jump off from the building

Posted by coco29317 > 2017-05-16 11:06 | Report Abuse

hopefully hunger

Posted by Hunger > 2017-05-16 11:12 | Report Abuse

summore can see pattern the hidden hand playing around again.if u hold since febuary u should know lor hahaha.

Posted by coco29317 > 2017-05-16 11:16 | Report Abuse

yes hunger , this is why im frustrated, its not fair to us