Posted by sims > 2021-10-07 15:50 | Report Abuse

coz i think its will hit aus 2 (based on all the info i gather), should price continue rally until end 2022.

that why i looking at ATH of OMH

Posted by DarenWai > 2021-10-07 15:59 | Report Abuse

Sims. See you, destination moon ;)

Posted by sims > 2021-10-07 16:01 | Report Abuse

OMH.ASX close at 1.16.
if OMH.KLSE close at rm3.8, convert will be ~1.24 aus.

its okay, if got dividend, we will get more, since rm is depreciate >.<

Posted by oasischeah > 2021-10-07 18:21 | Report Abuse

It is hard to know the highest this share will test. Alot of positive news plus expected good QR. Not sure when the QR will be released.

Posted by sims > 2021-10-07 21:26 | Report Abuse

Qr will be release end of oct, just not sure which date.

Posted by Targeted > 2021-10-07 23:46 | Report Abuse

@oasischeah It is hard to know the highest this share will test. Alot of positive news plus expected good QR. Not sure when the QR will be released.

>>>>>>>>>>>>

I like the sound of your first sentence......
I Will surely be loading up more...........

Posted by sims > 2021-10-07 23:57 | Report Abuse

calm down and read this.

https://www.marketplace.org/2021/10/05/whats-behind-chinas-power-cuts/

its all connected. domino effect. just see which one fit to each counter

Posted by sims > 2021-10-07 23:58 | Report Abuse

its will hit Aus 1.5 then 2.0.

Posted by sims > 2021-10-07 23:59 | Report Abuse

dont buy now, then buy above 4 next mth.

Posted by JConnor > 2021-10-08 08:55 | Report Abuse

Does anyone know if their Qinzhou plant is operational or shut down due to the power shortages in China?

Posted by Damien88 > 2021-10-08 09:31 | Report Abuse

PMetal 1H2021 profit is RM461m (very good result by any standard) Projected FYE2021 RM461m X 2 = RM922m
Market cap at RM47b

Posted by Damien88 > 2021-10-08 09:34 | Report Abuse

OMH at current ferroalloy prices, Profit could be between RM2-4 billion.
Yet market cap is only RM2.8b. !!!!!

Posted by Damien88 > 2021-10-08 09:34 | Report Abuse

You can see the big disparity in valuation for PMetal and OMH!!!

Posted by Damien88 > 2021-10-08 09:36 | Report Abuse

OMH could be a 5, 10 or even 20 bagger stock. Just to catch up PMetal valuation

Posted by sims > 2021-10-08 09:39 | Report Abuse

i only know if i dont buy today.
3 mth later, i will be deeply regret.

commodities when it rally, there is no ceiling, until the condition been removed.

Posted by Damien88 > 2021-10-08 09:57 | Report Abuse

You are right, the price now is lagging the fundamental for this stock. I think the gap is closing up fast!!!

Posted by oasischeah > 2021-10-08 09:59 | Report Abuse

OMH Aus. just shot up record high. Why?

Posted by Damien88 > 2021-10-08 10:06 | Report Abuse

I think some Malaysian funds are starting to buy into OMH now, just the beginning stage. Asx is following the lead…

Posted by Damien88 > 2021-10-08 10:07 | Report Abuse

Once the bigger funds starts to get in as well, you will the price will pop up even more

Posted by sims > 2021-10-08 10:10 | Report Abuse

its a mining industry country.
they are sensitive to commodities pricing and earning.
so they buy.

same like us, we are sensitive to CPO and oil prices, and we react.....ok, i include Freight also.

like Damien said, it is highly possible to hit OMH recorded ATH.

Posted by sims > 2021-10-08 10:14 | Report Abuse

the one that sold today, had not idea what they are losing, its not a goreng stock, ppl look forward for the future earning,

every u bot at 4 today, next 3mth (Q4) u look bck, u will know....

Posted by Damien88 > 2021-10-08 11:08 | Report Abuse

I agreed fully with you. This is the stock RHT fund manager will buy and hold. It has strong fundamental, super undervalued, big profits, growth story with more furnaces. And now liquidity is back

Posted by Damien88 > 2021-10-08 11:09 | Report Abuse

I think fund managers need some time to get it through their investment committees. I believe some are already in the approval stage.

Posted by Damien88 > 2021-10-08 11:11 | Report Abuse

One of the criteria for fund manager is liquidity. The stock liquidity just picked up, so you can expect more fund managers to be able to buy into this stock over the next 1-2 months

Posted by Damien88 > 2021-10-08 11:11 | Report Abuse

This will in turn provide more liquidity to the stock. It’s self fulfilling prophecy…

Posted by nagasaran93 > 2021-10-08 12:22 | Report Abuse

Thank you to all brothers and sisters. This page is always full of information about the stock, good setup, good encouragement for people who missed pmbtech.

Cheers! We should see the result on the upcoming qr. Hopefully, we can hand-to-hand, walk all the way to the Moon.

Posted by oasischeah > 2021-10-08 12:37 | Report Abuse

Sold unexpectedly 3.98 today. Forgot I prekey the selling price much earlier. Wish you guys good luck for more. I will watch and enter again if price is right.

Posted by stockraider > 2021-10-08 13:36 | Report Abuse

Benefit from china power crunch mah!

Posted by Jokers2020 > 2021-10-08 14:19 | Report Abuse

yes..omh follow asx uptrend

Posted by worktoinvest > 2021-10-08 14:37 | Report Abuse

Pmbtech and omh Sama sama

Posted by Loop37 > 2021-10-08 14:40 | Report Abuse

Break 4 lai lai

Posted by troy88 > 2021-10-08 15:07 | Report Abuse

Surging to next level..

Posted by sims > 2021-10-08 15:09 | Report Abuse

someone or some fund just swallow ~ 6700+ lot at rm4.

Posted by TECHfullyBREWED > 2021-10-08 23:00 | Report Abuse

7/10/21

OFZ Slovakia cuts ferro-alloy output due to surging power prices
Slovak ferro-alloys producer OFZ Slovakia has cut more than half of its ferro-alloy production with immediate effect due to energy prices that have surged more than six-fold recently, an industry source told Fastmarkets.

The company, which produces ferro-silicon and manganese alloys, has shut four out of its seven operating furnaces, including two ferro-silicon furnaces, a silico-manganese furnace and a smaller refining furnace. Each of the ferro-silicon furnaces was working at a rate of 1,000 tonnes per month, while the silico-manganese furnace was running at a rate of 2,000 tonnes per month.
The move comes at a time of record-high energy prices across Europe, record-high ferro-silicon prices and near record-high manganese alloys prices since Fastmarkets started to assess those markets at the start of 1997. OFZ's remaining three furnaces are producing 3,000 tonnes per month of high-carbon ferro-manganese, 2,000 tonnes per month of silico-manganese and 1,000 tonnes per month of ferro-silicon.
"OFZ has some stocks of the affected ferro-alloys production to supply long-term contracts to customers until the end of November," the source said. "December is a bit uncertain,...

https://www.metalbulletin.com/Article/4010921/OFZ-Slovakia-cuts-ferro-alloy-output-due-to-surging-power-prices.html

Posted by Targeted > 2021-10-09 10:44 | Report Abuse

Worldwide power crunch.........Sarawaks hydro dependent companies gona be laughing all the way to the bank.......

Posted by sims > 2021-10-09 12:27 | Report Abuse

https://www.thestar.com.my/business/business-news/2019/04/11/cahya-mata-we-are-a-monopoly-but-anyone-can-supply-cement-in-sarawak

which is why i said CMSB easily hit1.5, and 2.0 by Q4,power from JV absolute got power

Posted by sims > 2021-10-09 12:28 | Report Abuse

list of company/investor in SCORE Sarawak
https://recoda.gov.my/our-investors/

Posted by Targeted > 2021-10-09 22:31 | Report Abuse

Russia imposing 15% export tax on ferros and non-ferros metals, from August to end of year......

Posted by clouud1234 > 2021-10-11 01:15 | Report Abuse

Good news

Posted by clouud1234 > 2021-10-11 01:18 | Report Abuse

Cut output mean,supply will be less.if supply cant meet high demand,what will happen?means price will go higher lah.if price go higher,manufacturer will profit more.

Posted by Damien88 > 2021-10-11 08:59 | Report Abuse

Promising start for OMH this week.
Expect it to trade RM 4 - 4.50, before advancing to RM 5 - 5.30 range

Posted by Damien88 > 2021-10-11 09:08 | Report Abuse

China energy crunch will have significant positive impact for OMH:
- restrict supply from China
- raise the cost of production of ferroalloy in China.
- China will reduce power to energy intensive industries, and electricity prices to increase by 20% with no cap for ferroalloy industry
- Ultimately, China will only want to produce just for domestic consumption, or even start to import such high energy intensive industries.

Impact on OMH: higher sustained ferroalloy prices which will elevate OMH profit significantly to US$300-500m in the next few years.

OMH share price will have to increase or otherwise be acquired by hostile party through offer of a much higher price than now

Posted by Damien88 > 2021-10-11 09:17 | Report Abuse

Aluminium uses magnesium as raw material and magnesium in turn uses ferroalloy as input material.
Magnesium prices is driven record high mainly due to the prices of ferroalloy.

Posted by Damien88 > 2021-10-11 09:20 | Report Abuse

I can see why PMetal could be interested from business diversification perspective.
From economic angle, OMH is only RM 3b, while PMetal is RM 50b in mkt cap.
If acquired, PMetal profit would be more than doubled or trebled immediately.
Can you imagine what the market cap for PMetal will be with is acquisition?

Posted by sims > 2021-10-11 10:19 | Report Abuse

https://www.marketplace.org/2021/10/07/coal-prices-are-rising-but-producers-cant-keep-up-with-demand/

Posted by sims > 2021-10-11 15:40 | Report Abuse

old news, but good read, what happen in 2018, give some sense of sales impact

https://www.thestar.com.my/business/business-news/2018/11/19/om-sarawak-plans-rm61mil-plant

In 3Q18, OM Sarawak raised the sales of ferrosilicon by 37% to 61,179 tonnes from 44,766 tonnes in 2Q18 while the sales of manganese alloys rose by 6% to 57,097 tonnes from 53,782 tonnes during the same period.

OMH attributed the higher sales mainly to strong ferroalloy demand.

OM Sarawak has recently secured an additional 50MW, bringing total supply from Sarawak Energy Bhd (SEB) to 350MW to support its smelter’s high production rates. It is seeking an additional 100MW, which according to OMH, has been agreed in principle but is subject to the necessary approvals.

OM Sarawak has signed a 20-year fixed-escalation power tariff with SEB, which supplies green and renewable energy from its Bakun hydro-electric dam (2,400MW) and Murun dam (944MW) to energy-intensive industries in Samalaju Industrial Park. Another major dam in Baleh will generate 1,285MW when commissioned by 2025 to beef up supply to heavy industries in the Sarawak Corridor of Renewable Energy.

With hydro-power, OMH said OM Sarawak had a competitive advantage over marginal producers in China which operate on higher costs of electricity, the main cost component in smelting operations.

“OM Sarawak has a cost advantage over current marginal suppliers, even without Chinese export duty.” China is the world’s leading producer of ferrosilicon and one of the dominant producers of manganese alloys.

Posted by Targeted > 2021-10-11 20:26 | Report Abuse

Coal shortage in India reaching critical stage...... Blackouts immenant.......

Posted by Targeted > 2021-10-11 23:19 | Report Abuse

Just a start.......... Industries with cheap hydro sourced power gona benefit big time.... Its 'BONANZA' time.........

Posted by teareader818 > 2021-10-12 11:40 | Report Abuse

Taking a rest?

Posted by moneyface > 2021-10-12 12:38 | Report Abuse

Most of the Europe plants already reduced their production. If the coal price keep increasing, they will shut down their operation due to high power cost.