KLSE (MYR): PMETAL (8869)
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Last Price
4.64
Today's Change
-0.02 (0.43%)
Day's Change
4.57 - 4.69
Trading Volume
5,042,600
Upcoming
Happening
Ann. Date | Ex Date | Type | Subject | Amount |
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Invisible hand try to reduce the capitalisation and not let it higher than certain stocks . Anyway just temporary only .
2024-07-22 09:14
Always remember kaunter yang boleh tetap boleh . Market give us opportunity to buy now .
2024-07-22 11:18
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
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
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
Kena ingat peluang turun cepat cepat bukannya sentiasa boleh nampak seperti kaunter Pmetal.
2024-07-24 12:29
Inilah peluang keemasan bagi pelabur pelabur yang ada holding power . Kaunter yang boleh tetap boleh .
2024-07-24 12:30
HLIB sees Press Metal notching stronger 2Q earnings on higher aluminium prices
https://theedgemalaysia.com/node/719027
2024-07-24 22:19
Journey to the East. Good say 😁
https://klse.i3investor.com/web/blog/detail/rhbinvest/2024-09-05-story-h468231229-Press_Metal_Journey_to_the_East_Reiterate_BUY
2 months ago
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
look like not an easy task. recently the same nearby area also have explosion...
2 months ago
https://theedgemalaysia.com/node/726164
3% annual capacity affect.
4 months to recover..
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
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
2 months 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
Fabien _the efficient capital allocator
China massive stimulus (monetary + fiscal) will boost industrial demand. Hold on to your PMetal
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
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.
3 weeks ago
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.
3 weeks ago
中国光大证券王招华等分析师表示,取消出口退税短期或利空铝价内外比值: 短期来看,此次取消铝材出口退税,一定程度上或增加铝材出口企业的出口成本,抑制中国铝材加工企业的出口积极性,增加国内供给量从而利空国内铝价;中国铝材出口量减少叠加海外铝材供应增量有限则有望推升海外铝价。4 hours ago
3 days ago
Malaysia's Aluminum Stocks Rise After China Ends Export-Tax Rebate
November 17, 2024 at 09:40 pm EST
Share
By Ying Xian Wong
Shares of Malaysian aluminum companies rose after China's finance ministry said it would end an export-tax rebate for the base metal.
Shares of Press Metal Aluminium--the Southeast Asian nation's biggest aluminum company--climbed 6.8% to 4.7 ringgit, equivalent to $1.05, in Monday morning trade. Shares of peer LB Aluminium rose 6.4%. The benchmark Kuala Lumpur Composite Index was 0.4% higher at 1598.82.
China said Friday that it will end its tax rebate policy on a wide range of products and commodities, including for aluminum and copper, starting Dec. 1.
The removal of the rebates is expected to raise the global cost of Chinese aluminum, potentially reducing export volumes in the near term, ING analysts Ewa Manthey and Inga Fechner said in a note.
The move could lead to a shift in trade dynamics, driving countries reliant on Chinese aluminum to seek alternatives amid limited global production capacity, the ING analysts said. "The global aluminum market is expected to return to deficit from 2026," they added.
China, the world's largest producer of aluminum, introduced export-tax rebates in 1985 to enhance global competitiveness for its products and attract global buyers, they said.
Write to Ying Xian Wong at yingxian.wong@wsj.com
3 days ago
Janus Mun
i think most probably the uptrend is over.....now changing to downtrend!
2024-07-21 18:47