PRESS METAL ALUMINIUM HOLDINGS BERHAD

KLSE (MYR): PMETAL (8869)

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Last Price

5.04

Today's Change

+0.16 (3.28%)

Day's Change

4.90 - 5.22

Trading Volume

19,070,700


18 people like this.

15,923 comment(s). Last comment by Fabien _the efficient capital allocator 2 days ago

DannyArcher

1,258 posts

Posted by DannyArcher > 2022-07-15 16:48 | Report Abuse

PE too high already, all goreng stock will eventually come down. Glove 2. Good company but those stuck high need to hold for many years. Those with small losses need to rethink.

Posted by Investmalaysiaa > 2022-07-15 17:45 | Report Abuse

Why feel bad for people who kena burn here? They’ve been warned. Can only blame themselves for the heavy loss.

treasurehunt

1,847 posts

Posted by treasurehunt > 2022-07-15 19:19 | Report Abuse

People would ask …treasurehunt is being noble ke? This is the share market and we don’t talk about noble. The sharing of truthful information between retailers are reciprocal. If I didn’t share the information and some mature birds would have been eaten by the sharks or syndicates. They might leave the forum and how on earth I can get more new useful information from the experience retailers here in the future?

treasurehunt

1,847 posts

Posted by treasurehunt > 2022-07-15 19:37 | Report Abuse

I have experienced many times here that some comrades have posted very useful information for people to escape before the company making announcement to the public. Some of them divulged information on what is really happening in certain problematic companies in Bursa.

Posted by Investmalaysiaa > 2022-07-15 20:39 | Report Abuse

That’s always the case. When we talk bad about a company, people always say we want cheap tickets lol

treasurehunt

1,847 posts

Posted by treasurehunt > 2022-07-15 20:53 | Report Abuse

Many think that after we have posted unfavourable information about the company or sector, we might want to earn from the rebound. What the hack playing rebound and earning peanut from the uphill battle and wasting time playing silat of catching knives. I don't even buy Technology & commodity related stocks while seeing many were crashing and staging rebound in the last 8 months.

treasurehunt

1,847 posts

Posted by treasurehunt > 2022-07-15 20:58 | Report Abuse

Waiting for the good opportunity to play with the uptrend stocks. Koyang kaki seeing the prices all the way up.

Posted by BursaVulture > 2022-07-16 10:31 | Report Abuse

Run, Glove 2.0. Run while you can, better lose 10% now than to lose 90% later. Run.

Posted by NatsukoMishima > 2022-07-16 14:15 | Report Abuse

Ringgit will fall to 4.80 - 5.00 vs green back within 3 years ! Then u will know how high rate need to be hiked by bn , and all the small head with big hat group will really suffer to pay loan every month ! All the commodity asp will be in pasar mlm price ! Rm 2.xx coming soon !

Posted by TillyLovers > 2022-07-16 21:46 | Report Abuse

will the counter bounc back above RM4? I plan to buy at RM 3.97 on Monday and sell around RM 4.20.

awesome20

1,186 posts

Posted by awesome20 > 2022-07-17 20:49 | Report Abuse

steel price bullish

Posted by ironstockhunter > 2022-07-19 18:17 | Report Abuse

glove 2.0 ? what a joke hahahaha

paktua73

18,265 posts

Posted by paktua73 > 2022-07-20 15:57 |

Post removed.Why?

salman

1,581 posts

Posted by salman > 2022-07-20 16:55 | Report Abuse

sy pun earn hari ini pak tua....tut2 tat2 tit2

paktua73

18,265 posts

Posted by paktua73 > 2022-07-20 18:01 |

Post removed.Why?

paktua73

18,265 posts

Posted by paktua73 > 2022-07-21 16:17 |

Post removed.Why?

wikioon

196 posts

Posted by wikioon > 2022-07-21 17:02 | Report Abuse

waiting for smart ass to comment about drop?

wikioon

196 posts

Posted by wikioon > 2022-07-25 10:13 | Report Abuse

so stock up no one come out to comment. tut tut.

Posted by supersinginvestor > 2022-07-25 13:36 | Report Abuse

Us dollar index peaked..
Going down..
Comodities going up

Posted by ironstockhunter > 2022-07-25 18:47 | Report Abuse

steadily going up, RM 5 is next stop

salman

1,581 posts

Posted by salman > 2022-07-28 10:05 | Report Abuse

aluminum price going down...

kulimkia

72 posts

Posted by kulimkia > 2022-07-28 13:22 | Report Abuse

Prices of commodity down means good for factories

Posted by PenditaAlam > 2022-07-28 13:25 | Report Abuse

In Malaysia, prices keep rising immaterial of commodity prices.
The Chinaman usual comment "Dolah naik lah, inflasi lah, takde barang mah, takda kuli mah, pantat x basuh mah"

wikioon

196 posts

Posted by wikioon > 2022-07-28 15:28 | Report Abuse

be confident of companies that has solid foundation as price rebound shows good confidence in the counter. So we always Invest Malaysia ok? dont NOT invest

cedcan

401 posts

Posted by cedcan > 2022-07-28 17:18 | Report Abuse

Go Pmetal!!!

kulimkia

72 posts

Posted by kulimkia > 2022-07-28 17:36 | Report Abuse

After sell, can treat yourself to Gordon Ramsey beef Wellington

Posted by ironstockhunter > 2022-07-29 17:25 | Report Abuse

Ya, wait for aluminium price to go down. Opportunity are ahead

sasword

1,167 posts

Posted by sasword > 2022-08-01 10:07 |

Post removed.Why?

salman

1,581 posts

Posted by salman > 2022-08-04 15:55 | Report Abuse

aluminum price going down...soon Pmetal down

fruitcake

822 posts

Posted by fruitcake > 2022-08-05 09:10 | Report Abuse

sell sell sell

cedcan

401 posts

Posted by cedcan > 2022-08-05 09:28 | Report Abuse

TP 5.44??

SMInvest

337 posts

Posted by SMInvest > 2022-08-07 19:11 | Report Abuse

PMB Technology Berhad
Registration No. 200201016594 (584257-X)
Minutes of the Twentieth Annual General Meeting held on 16 June 2022

SMInvest

337 posts

Posted by SMInvest > 2022-08-07 19:12 | Report Abuse

Questions raised by shareholders/proxies and attended by the CEO:-
1. What is the reason for the plan of developing silicon plant in Sabah in terms of the
power requirement in Sabah?
Answer:
The CEO responded that the reason for the plan is due to the depletion of electricity
power in Sarawak which will be insufficient for the Company’s development in heavy
industry. The next availability of hydropower in Sarawak will be in year 2027. The
CEO elaborated that Sabah does not have sufficient power for heavy industry but Sabah
has plenty of natural gas to generate addition power. The Company is in the midst of
conducting negotiations with Sabah State of Government for the plan.
2. What is the future plan for the usage of 124 acres land in a newly acquired subsidiary
i.e. Asia Advanced Materials Sdn Bhd?
Answer:
The CEO responded that the the said land is located opposite of the current silicon plant
in Sarawak and it is for future expansion.
3. How can we identify an excellent Management team as Koon’s family in term of their
efficiency against the benefits as a shareholder?
Answer:
The CEO responded that they have been practicing prudently in making business
decision whereby the Management will always study the background and conduct
proper research on every business opportunity. The Management constantly focus on
cost and efficiency even with the fact that the silicon price is uncontrollable. The
Chairman further reiterate that there are various factor such as the business decision,
effort of management and employees, and the family value between the Executive
Directors of the Company as well as support from local authorithy.
4. How is the market among United States supplier, European countries supplier and
China supplier would affect the Company?
Answer:
Supplying to United States and European countries by China are subject to their antidumping duties. The Company also views that United States is a cautious place to trade
as there is a possible threat of anti-dumping and barriers which would harden the trade.
5. Why there are only 10% of the sale of the Company was derived from United States?
Answer:
The CEO responded that the sale to United States is low as compared to Europe and
Asia market. The Company is confident in the increase of silicon’s demand in United
States market due to its various usage and with the recovery of automobile industry in
United States and European countries.

SMInvest

337 posts

Posted by SMInvest > 2022-08-07 19:12 | Report Abuse

6. Will the Company have the competitive advantage on the ‘green’ silicon and less
carbondised product?
Answer:
The CEO responded that the market is tend to promote ESG and most of the companies
having their own ESG programme to reduce the carbon footprint in their supply chain
and etc. The Company is confident that the demand on green product will be increased
in the future.
7. Does PMB Technology Berhad have a hedging policy like Press Metal Aluminium
Holdings Berhad?
Answer:
The CEO responded that as of current, the Company has only been hedging on sale in
term of Foreign Exchange Currency mainly USD. The hedging for silicon metal is not
available at the moment.
8. Based on your opinion, what is the estimated time for United States to build or rebuild
its solar polysilicon plants?
Answer:
The CEO responded it is not difficult for them to build or rebuild the solar polysilicon
plants but it is common that they will have their protection measures.
9. How the Company deals with the global inflation?
Answer:
The CEO responded that the Company is consistently trying its best to bring down the
cost as low as possible by maintaining economies of scale.
10. What is the Company’s current market position?
Answer:
The CEO responded that the Company is at lower quartile in term of production as
compared to other suppliers other than China’s producer, the Company is on par of all
other best producers.
Tan Sri Dato’ Chairman also emphasised in relation to the prospect that the energy cost
is elevating, thus to secure new power/energy contract in long term basis will help the
Company to control the cost of production effectively. Moreover, greener source of
energy will be a market trend and this will increase the green product’s demand.

SMInvest

337 posts

Posted by SMInvest > 2022-08-07 19:13 | Report Abuse

11. What is the estimated timeline in connection with the availability of the hydropower in
Sawarak?
Answer:
The CEO responded that due to the delayed of the contract on the hydropower
development in Sarawak, there will have no additional power supply until the year of
2027 or 2028.
12. What is the impact of the rising of China suppliers in global market supply of the
silicon?
Answer:
The CEO responded that China is generating more solar power for their own utilisation.
Despite of the less favourable market sentiment recently, the Company is still able to
manage its production cost and sale at competitive price.
13. Forced labour issue being one of the major concerns in the international market, what
is the view of the Company?
Answer:
The CEO responded that the Company is aware on the relevant issue and has been
allocating resources to ensure that the Company is in compliance with the rules and
regulation. Tan Sri Dato’ Chairman also emphasised that the Company understands the
importance of not only to comply with the local requirements but also to practice as per
the global standard and requirement on the aforesaid issue, as an exporting company /
International player.
14. What are the various grade of the silicon metal available in the market?
Answer:
The CEO had briefed the general type of silicon, grade and its usage in different
industry according to the purity and its demand in the market.
15. Would the Company consider to diversify its customers to different region other than
Asia countries?
Answer:
The CEO responded that the Board believes in having a diversified profile of customers
to reduce concentration risks.
16. What is the target timeframe for the next phase of silicon plant?
Answer:
The CEO responded that the silicon plant is targeted to operate two new furnaces by
third quarter of year 2023, where first furnace is expect to be completed in 1st Quarter
2023 and another is expected to be done in the third quarter of 2023.
Page 14 of 14
PMB Technology Berhad
Registration No. 200201016594 (584257-X)
Minutes of the Twentieth Annual General Meeting held on 16 June 2022
17. How the maintenance for the furnaces in silicont plant is scheduled?
Answer:
The CEO responded that there will have major maintenance and regular maintenance.
Major maintenance will require to shut down the furnaces for about one or two months
and regular maintenance will require to shut down the furnaces for one or two days.
The maintenance of the furnaces will be conducted by batches in order to ensure that
the production is as per scheduled.

fruitcake

822 posts

Posted by fruitcake > 2022-08-09 17:28 | Report Abuse

5.44...hahaha. whenever you see investment bank recommendation, immediate switch to reverse gear & accelerate it. hahaha

paktua73

18,265 posts

Posted by paktua73 > 2022-08-10 10:59 |

Post removed.Why?

Posted by Investmalaysiaa > 2022-08-12 08:49 | Report Abuse

中国钢产量供过于求 30%钢企家恐破产
https://www.chinapress.com.my/?p=3076955

Michael Kwok

6,352 posts

Posted by Michael Kwok > 2022-08-22 19:29 | Report Abuse

Sell call pmetal rm4.60-rm4.70.
Tp rm 3.30 below.
7.30pm 22/8/2022

Posted by Investmalaysiaa > 2022-08-27 19:18 | Report Abuse

More rate hike coming. Our big brother will bring down inflation at all cost. Good luck.

wikioon

196 posts

Posted by wikioon > 2022-08-30 10:43 | Report Abuse

window dressing. price to fall soon.

Posted by King_trader_shadow > 2022-08-30 11:53 | Report Abuse

Ehh, i though window dressing should be good leh! Just to make sure the summary looks good!

Posted by King_trader_shadow > 2022-08-30 16:10 | Report Abuse

Nice closing, next week might see RM5 !

Hafid

1,135 posts

Posted by Hafid > 2022-08-30 16:11 | Report Abuse

all the realted family is in the company. a lot of waste.....

thesteward

6,781 posts

Posted by thesteward > 2022-08-30 21:14 | Report Abuse

Wah drop so much aluminium

Posted by BatteriesNotIncluded > 2022-09-02 10:55 | Report Abuse

Glove 2.0, run fast, run

thesteward

6,781 posts

Posted by thesteward > 2022-09-02 13:00 | Report Abuse

Wah pattern looks similar to gloves …scary :-(

Posted by bullmarket1628 > 2022-09-03 08:24 | Report Abuse

After 3 years pandemic already end, 
next year onwards surely is the years of recovery and economy start booming time ! 

Like previously economy downturn period of:

1)Crisis 1986-1990 start booming 1993 to 1997

2)Crisis 1997-2000 start booming 2003 to 2006 

3)Crisis 2006-2010 start booming 2013 to 2016 

4)Crisis 2016-2022 start booming 2023 to 2027 



So, our economy and KLSE will be spike up like mad start from year 2023 which is next year and i predict our KLSE this round of bull run start 2023 will hit it’s record high of around 2,000 points ! 



Heng Ah, Ong Ah, Huat Ah !

Posted by King_trader_shadow > 2022-09-06 19:26 | Report Abuse

This guy need to break above RM4.95 and it will fly. I foresee during the winter season this stock would definitely fly! PMETAL would be back in action soon and looking forward to it!

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