PRESS METAL ALUMINIUM HOLDINGS BERHAD

KLSE (MYR): PMETAL (8869)

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Last Price

4.40

Today's Change

-0.19 (4.14%)

Day's Change

4.40 - 4.61

Trading Volume

11,482,300

Changes
Ann. Date Date Type Name Title View
Discussions
18 people like this. Showing 50 of 15,928 comments

shareinvestment7

Why drop so much? The answer is simple because RHB and HLB just gave a buy call today. Buy call from bank mean sell down to Longkang. This is our Malaysian rule.

2024-07-18 16:36

sten_still

Sell on news and trump's policy on china. This is just sentiment, short term effect. Plus this is bluechip, backed by giant investors. Now it is purely want to wash away retailers

2024-07-18 17:13

Janus Mun

today volume was massive compared to normal days....very abnormal

2024-07-18 18:47

rojakmee

More sell down tomorrow, sales will be badly affected by US policy on imports from Mexico & tarif of 25%

2024-07-18 23:13

Janus Mun

i think most probably the uptrend is over.....now changing to downtrend!

2024-07-21 18:47

telusdansuci

Invisible hand try to reduce the capitalisation and not let it higher than certain stocks . Anyway just temporary only .

2024-07-22 09:14

telusdansuci

Always remember kaunter yang boleh tetap boleh . Market give us opportunity to buy now .

2024-07-22 11:18

Augustine

Press Metal had a better hedging position of 30% ratio at US$2,600 versus US$2,300 in FY23. However, the cost of aluminium production could have risen as alumina prices continued its uptrend in 2Q24

2024-07-22 16:29

Janus Mun

the play is over for PMETAL,its downtrend now....will retrace up a little and will continue to slide down more in coming weeks to ER

2024-07-23 14:36

Janus Mun

next support 5.19....

2024-07-24 10:52

abc333

wait below 5.06

2024-07-24 11:57

telusdansuci

Turun cepat naik pun cepat punya . Ada spare duit boleh beli dan simpan lebih baik dari simpan dalam bank . Boleh tetap boleh .

2024-07-24 12:05

telusdansuci

Kena ingat peluang turun cepat cepat bukannya sentiasa boleh nampak seperti kaunter Pmetal.

2024-07-24 12:29

telusdansuci

Inilah peluang keemasan bagi pelabur pelabur yang ada holding power . Kaunter yang boleh tetap boleh .

2024-07-24 12:30

Janus Mun

abc@333.....agreed!62% drop....

2024-07-24 14:31

Augustine

HLIB sees Press Metal notching stronger 2Q earnings on higher aluminium prices

https://theedgemalaysia.com/node/719027

2024-07-24 22:19

nelsonlim

after pmbtech move, pmetal shall go to 5.25

2024-08-14 15:10

Cakes Moon

Buy!!!
KLSE so bullish recently!!!

2 months ago

PryorBuyer

Good qr + dividend, tq pmetal

2 months ago

Cakes Moon

Result is superb, why drop?
Topup!!!

2 months ago

Agjl

Ringgit strengthen thats why drop

2 months ago

hw0706

press metal kilang explore

2 months ago

hhhiii123

Good chance to collect when sharp drop lol

2 months ago

OldWiseMan100

kaboom kaboom
why their factory always explode one? not the first time... it is a common thing in the industry?

https://www.facebook.com/jonmelc/posts/pfbid02nqpEWLMcZi1JZF43phHh6JvnDdAGNZbEXtPtnZWPtjkoKRdyhhGRLyi4KMsPKNool

2 months ago

ggleow

so serious the fire.
like this sure limit down

2 months ago

pang72

No wonder drop so much..
Hopefully, everything in order

2 months ago

ggleow

can drop for another 50 sen tomorrow.

2 months ago

Babayaga

looking like the whole factory is done .... complete write off

2 months ago

hw0706

look like not an easy task. recently the same nearby area also have explosion...

2 months ago

pang72

https://theedgemalaysia.com/node/726164
3% annual capacity affect.
4 months to recover..

2 months ago

pang72

The factory still there la..
Scary

2 months ago

hhhiii123

Got insurance, hopefully strong rebound in alumni price

2 months ago

juon

Tomorrow kena liao, next target kena short

2 months ago

Tenka226

Collect before it crosses RM5 again 😉

2 months ago

Fabien _the efficient capital allocator

I always hunt for smell of blood on the street, thankfully collected at 4.40.

2 months ago

SMInvest

PMB Technology to increase production

The Star Monday, 16 Sep 2024
https://www.thestar.com.my/business/business-news/2024/09/16/pmb-technology-to-increase-production

1 month ago

Tenka226

Good for you, Fabien, bought at the bottom price

1 month ago

Fabien _the efficient capital allocator

FCF grew 199% over last 5 years. Last year were record high FCF of more than RM2mil. Anticipate PMetal to turn net cash in two years time with growing FCF in coming years as high capex cycle already over.

1 month ago

rl68

@Fabian, when will the power purchase agreement end?

1 month ago

Fabien _the efficient capital allocator

PPA contracts ending between 2034 and 2040

1 month ago

Fabien _the efficient capital allocator

China massive stimulus (monetary + fiscal) will boost industrial demand. Hold on to your PMetal

1 month ago

rl68

@Fabian, tq. All the best.

1 month ago

Fabien _the efficient capital allocator

Rio Tinto, second world largest mining company is seeking to improve its profit margin and return on capital by switching to lower cost renewable power.

Press metal already has favourable cost structure to protect its margins. With their latest acquisition in PT Kalimantan Alumina Nusantara, PMetal has effectively locked in 75% of its alumina requirement, ensuring a stable supply of raw materials, and potentially logistics savings.

Aluminum futures already rose past $2,560 per tonne in late September, its highest in over three months, and tracking the strong momentum for other base metals as fresh economic stimulus from China supported the demand outlook for key industrial metals.

1 month ago

Tenka226

Great ! Pmetal crosses RM5 once again. Uptrend sign

1 month ago

SMInvest

Demand for silicon metal in the United States and Europe is increasing, driven by a number of factors, including:
Solar energy
The solar industry is growing rapidly, and silicon is a key component in photovoltaic cells. The US solar industry aims to supply 30% of the country's energy by 2030.
Electric vehicles
The popularity of electric vehicles is expected to drive demand for silicon metal in the semiconductor industry, which is a key user of silicon.
Incentives
The US Inflation Reduction Act (IRA) offers incentives for EV batteries made with raw materials from friendly countries, which is expected to boost demand for silicon metal in the US.
Manufacturing hubs
Europe is a major manufacturing hub for silicon, and there are significant growth opportunities for silicon metal manufacturers in the region.
Other factors that are expected to contribute to the growth of the silicon metal market include: Rapid industrialization and infrastructure development, Expansion of the electronics industry, and Increased demand from the chemical industry.
However, the growth of the silicon metal market is also being hindered by volatility in energy costs.

2 weeks ago

SMInvest

Silicon Metal: The Backbone of Modern Technology and Sustainability
Chemical And Material | 28th October 2024

Silicon Metal: The Backbone of Modern Technology and Sustainability
Introduction: Top Silicon Metal Trends

Silicon metal, a critical industrial material, serves as a fundamental building block in a variety of applications, ranging from electronics to solar energy. Comprising more than 25% of the Earth’s crust, silicon is a versatile element that, when refined, becomes a key player in the production of semiconductors, alloys, and renewable energy technologies. With the growing demand for electronic devices and the shift towards sustainable energy sources, the Silicon Metal Market is witnessing significant transformations. We examine the most recent developments that are influencing the sector and spurring innovation here.

1. Surge in Demand for Renewable Energy Solutions

The global push for renewable energy sources has significantly boosted the demand for silicon metal, particularly in solar photovoltaic (PV) cells. Silicon is the primary material used in solar panels, and with governments and corporations investing heavily in clean energy initiatives, the market for silicon metal is set to expand. This trend is reinforced by the increasing adoption of solar energy to combat climate change and reduce carbon footprints.

2. Advancements in Semiconductor Technologies

The semiconductor industry relies on silicon metal and is growing rapidly due to the growth of artificial intelligence (AI), the Internet of Things (IoT), and 5G technology. Innovations in semiconductor design and manufacturing processes are driving the demand for high-quality silicon wafers. As electronic devices become more powerful and compact, the need for advanced silicon materials that can withstand higher temperatures and offer improved performance is paramount.

3. Rise of Sustainable Production Practices

As sustainability becomes a core focus for industries worldwide, the silicon metal sector is not lagging. Manufacturers are increasingly adopting eco-friendly practices in the extraction and production of silicon. This includes using renewable energy sources in smelting processes and developing methods to recycle silicon from end-of-life products. The goal is to reduce the carbon footprint associated with silicon production and align with global sustainability targets.

4. Growing Applications in Electric Vehicles (EVs)

The rise of electric vehicles is creating a new market for silicon metal. As EV manufacturers seek to improve battery efficiency and performance, silicon is emerging as a key material in battery technology. In contrast to conventional graphite anodes, silicon-based anodes are renowned for having a high energy density and capacity. This trend is leading to increased collaboration between silicon metal producers and battery manufacturers to develop innovative solutions that enhance the performance of EV batteries.

5. Expanding Use in Construction and Infrastructure

Silicon metal is becoming increasingly important in construction, enhancing the properties of materials like concrete and steel. Silica fume, a byproduct of silicon metal, boosts concrete's durability and strength, making it ideal for infrastructure projects. With rising urbanization and demand for sustainable materials, silicon metal's role in creating resilient, energy-efficient structures is set to grow.

Conclusion

Silicon metal stands at the forefront of several key trends that are shaping the future of technology, energy, and sustainability. From its vital role in renewable energy solutions and semiconductor technologies to its expanding applications in electric vehicles and construction, silicon metal is proving to be an essential material for modern society. As industries adapt to the demands of a changing world, the silicon metal market will continue to evolve, driving innovations that promote efficiency, sustainability, and performance. With the increasing focus on green practices and advanced technologies, the future of silicon metal looks promising, positioning it as a critical resource for the advancements of tomorrow.

2 weeks ago

Tenka226

Doing some swing trades at current price, then TP when it hits RM5 and above 😀

3 days ago

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