Posted by Awet91 > 2017-08-10 09:19 | Report Abuse

Paktua also here hahaha

Posted by Honey Comb > 2017-08-10 09:29 | Report Abuse

hunger,ok ,thanks for your opinion.

Posted by Honey Comb > 2017-08-10 09:30 | Report Abuse

then I will just dumb dumb hold mother

Posted by Hunger > 2017-08-10 09:37 | Report Abuse

Ya.dont worry.some profit taking today but fundamental is still very strong.ALUMINIUM USD 1900 shot up all to USD2024.very strong earning

Posted by moneykj > 2017-08-10 09:38 | Report Abuse

Enjoy the ride of aluminum price cycle to 3000. Now only 2000.

Posted by Bizfuneng > 2017-08-10 09:39 | Report Abuse

Hi telusdansuci, Tq.....PM tetap boleh....Make PM great again!!!!

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Posted by telusdansuci > Aug 10, 2017 09:09 AM | Report Abuse

Good morning Press Metal Aluminium Holding Bhd , now is the right time for you to be Great Again . Terima kasih banyak-banyak , ya . Today my target price is Rm 3.48. Pmetal tetap boleh dan memang boleh .

Posted by Hunger > 2017-08-10 09:42 | Report Abuse

Yes moneykj..exactly thats where its heading to.the lme still going up.theres possibility it will reach USD 3000

Posted by Awet91 > 2017-08-10 09:43 | Report Abuse

Hunger your TP Rm4? Hehe

Posted by meistsk3134 > 2017-08-10 09:44 | Report Abuse

can tp4 or 5?

Posted by Hunger > 2017-08-10 09:47 | Report Abuse

http://www.theedgemarkets.com/article/steel-aluminium-counters-rally-higher-commodities-prices

The rally came amid reports that China’s Shandong province ordered 3.21 million tonnes of aluminium smelting capacity to be shut, more than previously expected, as Beijing intensifies its efforts to curb pollution in its bloated heavy industries.

The London Metal Exchange’s aluminium hit a 2½-year peak of US$2,030 a tonne on Tuesday. At the current level, it has risen 19.9% from US$1,693 per tonne seen at the end of last year.

Press Metal’s earnings for the second quarter ended June 30, 2017 (2QFY17), slated to be announced on Aug 16, are expected to improve quarter-on-quarter after accounting for seasonal weakness for the extrusion business in the first quarter due to the Chinese New Year holidays, the research house said in a note to investors yesterday.

In FY16, it turned in a record revenue of RM6.6 billion after a 44% jump, resulting in net profit more than tripling to RM495.45 million from RM132.35 million a year ago, on the back of a stronger US dollar against the local currency, and higher output.

It added that Press Metal’s commencement of additional capacity for value-add products and conveyor belt system by the end of the year will also drive margin expansion from FY2018 onwards.

NEWS FLASH

Posted by gcke > 2017-08-10 09:48 | Report Abuse

In the near term,the stock price might hit TP 4.0 barring any adverse global event.LME Al price stays bullish.The stock technical price indicators-MA,MACD,RSI all support the bullishness of the stock.Upside cycle after a long period of consolidation.The trend upwards will be strong.
View the graph;http://www.malaysiastock.biz/Stock-Chart.aspx?securitycode=8869

Posted by Hunger > 2017-08-10 09:53 | Report Abuse

@Awet sememangnya Tp 4.tapi i prefer slow slow naik ar..kalau naik cepat..hati saya heart attack nanti.masuk newspaper

Posted by Awet91 > 2017-08-10 10:17 | Report Abuse

Hahaha betul2 nanti cepat2 naik cepat2 juga turun.naik sikit2 lama2 jadi bukit lg baik hehe

Posted by Hunger > 2017-08-10 11:03 | Report Abuse

http://www.theedgemarkets.com/article/firm-aluminium-price-propels-press-metal-new-high

Posted by nicky > 2017-08-10 11:15 | Report Abuse

Bo lat liaw

Posted by charles_cty > 2017-08-10 11:21 | Report Abuse

中國鋁業讓人霧裡看花

這是逾10年來，工業金屬市場的真理。中國的工業化及城鎮化計劃，成為金屬領域需求增長的核心推動力。但是就鋁業而言，中國對全球供應鏈的影響，卻是雙刃劍。中國除了是最大的鋁消費國，從某種程度上，也是最大的鋁生產國，佔到全球產量50%以上。
在北京看似對國內鋁生產商發起多管齊下的打擊之際，中國在鋁業的主導性角色，成為市場關注焦點。
當局已要求北京周邊地區的鋁煉廠在11月冬季供暖季減產。另外，「非法」產能也正在被關停。分析師表示，目前約有200萬噸產能「關閉」，估計還有400萬噸產能也將面臨關停的風險。
進行定期環境檢查，並要求投入新產能必須有老舊產能來置換，看上去在抑制鋁業產能過剩方面，北京終於來真的了。
全球其他地方正在密切關注。中國以半成品形式出口剩餘鋁，與川普政府發生衝突。
市場亦密切關注，全球供應因此面臨全新威脅，這是倫敦金屬交易所3個月期鋁，3年來首次持續高於每噸1900美元的原因。
但真實情況是什麼？如果關停了這麼多產能，為什麼中國的產量仍在上升？更重要的是，能否相信這些官方數據？
6月中國原鋁日產量達到創紀錄的9萬7700噸，年率化後為3570萬噸，相當於全球產量56.5%，亦創下紀錄新高。這是國際鋁業協會發佈來自中國有色金屬工業協會（CNIA）的官方數據。
中國官方數據有誤差
鋁產量的計算應該是一種直截了當的統計。官方數據是多數外界所能取得的唯一資料，但官方數字反而帶來更多問號。
問題不僅是CNIA習慣性不時大幅修正過往數據，月度數據的劇烈波動，也已成為這個數據的特色。即使容許中國運行冶煉廠數目有誤差空間，這種變化幅度仍令人難以置信。此外，一些行業專家認為，官方數據是以另一種形式悖離現實。
他們有自己的鋁產量統計，據該估計，中國6月實際日產量為10萬4000噸。4月及5月產量遭到低估的幅度差不多。如此一來，過去3個月累計的年化數字落差將約達300萬噸。最低程度而言，中國官方數據是在誤導。
官方數據中消失的部份，恰好與北京當局下令關閉的「非法」產能相呼應，耐人尋味的是，這有可能是計算中國生產的人刪除了「非法」煉廠，不論這些煉廠是否真的關門大吉。
若真是如此，清理中國煉鋁業的犧牲者，恐怕是統計數據的透明度。在市場已對中國清理產能抱持高度期待的情形下，這可能成為市場的潛在夢靨。
北京當局目前所針對的「非法」產能，指的是那些未取得完整監管及環保許可的業者。那些產能不符合這些規範就有很大詮釋及協商空間。舉例來說，估計山東信發關閉54萬噸產能，可能只是其未完整獲准開設的產能的一半左右。更重要的是，沒有人去摧毀小煉廠的產能。
「違規」生產的冶煉商，則可以重新申請許可證，理論上來說，只要他們完成了文件上的手續，就可以從新以「合法」經營者的身份開始。該過程中一個怪異的地方在於，要求所有新產能，應取代已退出市場的產能。
這種「以新換舊」政策的基礎是替換許可證，但根本不夠用。關停小冶煉廠陳舊產能，只能提供2.2萬噸的置換許可證，而實際上需要合法生產牌照的產能已達到620萬噸。
雖然今年可能會看到大量的產能退出，但其中大多數產能可能到明年次季又會回來。那時，中國的冬季取暖季將結束。
打擊「非法」產能的行動，已催生一個可供交易產能許可的市場，目前這一市場中需求看上去遠大於供應。
所有這一切發生時，正值全球對於每月更新的中國鋁產量數據越發看不清了。

Posted by nicky > 2017-08-10 12:30 | Report Abuse

RM3.30... only

Posted by Hunger > 2017-08-10 12:39 | Report Abuse

Nick.just an advice.if u cant wait..just sell.no need keep repeat the price here.we all know

Posted by Deskent > 2017-08-10 12:42 | Report Abuse

moneykj sifu, what is your opinion for Arank? the company also deal with aluminium product, any chance for this counter? Since PE still low compare other competitive... Thanks.

Posted by magus > 2017-08-10 12:48 | Report Abuse

nicky, when the qr results get announced, there should be another spike but if you hv doubts, sell now, after all PM's price has risen by more than 35sen over these 2 days.

Posted by Hunger > 2017-08-10 12:52 | Report Abuse

Those that listen to us will get rewarded.check all our previous comment to convince everyone to keep.those who left too bad for them.again with all sifu moneykj and telusdansuci...PMETAL BOLEH DAN TETAP BOLEH!

Posted by Hunger > 2017-08-10 12:56 | Report Abuse

http://klse.i3investor.com/servlets/ptres/41594.jsp

Target price given by kenanga:Rm4

Posted by Awet91 > 2017-08-10 13:08 | Report Abuse

If rhb i follow if cimb dont want huu

Posted by nicky > 2017-08-10 13:14 | Report Abuse

Hunger ..we all have the right to post anything here as long as no personal attack .. who r u by the way ? The owner of this blog ??? Funny

Posted by moneykj > 2017-08-10 13:32 | Report Abuse

Deskent moneykj sifu, what is your opinion for Arank? the company also deal with aluminium product, any chance for this counter? Since PE still low compare other competitive... Thanks.
10/08/2017 12:42

I went to see their factory in Beranang last year. Their factory is too small, only less than 10 acres I think, n has no plan to expand. It produce billet only from scrap aluminum. Not like Pmetal produce various type of aluminum products from bauxite.
From producing some value added products n cost saving measures for raw material sourcing. Pmetal margin has much more room to grow.
I decided to sell Arank n all in Pmetal last year.

Posted by 8wpwtmt8 > 2017-08-10 13:34 | Report Abuse

Thanks Hunger for the link of the new TP of RM4.00 by Kenanga.

Press Metal’s earnings for the second quarter ended June 30, 2017 (2QFY17), slated to be announced on Aug 16, are expected to improve quarter-on-quarter after accounting for seasonal weakness for the extrusion business in the first quarter due to the Chinese New Year holidays, the research house said in a note to investors yesterday.

Posted by Hunger > 2017-08-10 13:39 | Report Abuse

@nicky the last time u talk crap bout pmetal..it fly.so please please sell urs.so the others can fly again hahahahahah

Posted by moneykj > 2017-08-10 13:49 | Report Abuse

Crazy11223 Will back to1.69, same as Malakoff
10/08/2017 07:08

Jingweihan ????
10/08/2017 08:16

Jingweihan, he hinted Pmetal will again give bonus ar..hehe

Posted by meistsk3134 > 2017-08-10 13:52 | Report Abuse

alcom how?

Posted by Hunger > 2017-08-10 13:56 | Report Abuse

Haha moneykj.share bonus issue again?am hoping that will happen then pmetal will fly

Posted by moneykj > 2017-08-10 13:59 | Report Abuse

Alcom producing aluminum sheet n foil products. Not directly benefiting from aluminum price. It very much depends on demand.

Posted by Jingweihan > 2017-08-10 14:03 | Report Abuse

Moneykj you are right! Me aluminium kaki wouldn't miss the boat!
Johan buy call?

Posted by Awet91 > 2017-08-10 14:20 | Report Abuse

Share bonus???? Wau i like im waiting for that

Posted by moneykj > 2017-08-10 14:22 | Report Abuse

I started to promote Johan at 0.24 ar...avrg up till 0.31. At current price can buy some la but not much meat left wor as my tp is 0.40.

Posted by moneykj > 2017-08-10 14:27 | Report Abuse

Awet91 Share bonus???? Wau i like im waiting for that
10/08/2017 14:20

Not me say one..I just convey message from crazy11223..haha

Posted by Awet91 > 2017-08-10 14:50 | Report Abuse

Hahah sifu moneykj.i will wait if there any bonus or split share hehe

Posted by meistsk3134 > 2017-08-10 16:17 | Report Abuse

I think lot ppl sold. Volume high. Does koo selling?

Posted by meistsk3134 > 2017-08-10 16:19 | Report Abuse

Pmetal keep give bonus share no more tp4 5 anymore

Posted by Hunger > 2017-08-10 16:19 | Report Abuse

U want u sell la...other ppl wana get the opportunity to earn lor.im tired of telling u to hold d..sikit sikit takut..sikit sikit nak jual.bodo

Posted by tianjin > 2017-08-10 16:56 | Report Abuse

Hunger, meistsk is a pathetic guy !

Posted by meistsk3134 > 2017-08-10 17:00 | Report Abuse

Hunger already sold half yet i still holding 50lot. I am greedy

Posted by meistsk3134 > 2017-08-10 17:00 | Report Abuse

Now rhb merge result coming end of this month. Rhb will sucess or failed in merge?

Posted by Hunger > 2017-08-10 17:10 | Report Abuse

@tianjin ya i know.when he earn..never say thank you.when lose he blame all the sifu here

Posted by meistsk3134 > 2017-08-10 17:48 | Report Abuse

Pity creature hunger. Did any my word hurt u guy? Lol. Yet scold ppl bodo. U more pathetic guy than me.

Posted by meistsk3134 > 2017-08-10 17:54 | Report Abuse

God save pmetal!!!!

Posted by Hunger > 2017-08-10 18:01 | Report Abuse

http://www.mining.com/china-aluminium-soars-due-capacity-closures/

Posted by Newplayer286 > 2017-08-10 18:59 | Report Abuse

Could i ask 8869ct got potential?

Posted by Hunger > 2017-08-10 19:11 | Report Abuse

http://www.globaltimes.cn/content/1060696.shtml

Posted by Hunger > 2017-08-10 19:12 | Report Abuse

No comment on son..play at own risk

Posted by Hunger > 2017-08-10 19:20 | Report Abuse

Estimated aluminium price USD 2040