telusdansuci

Pmetal another darling stocks . Hold for long term my target price should be around Rm 7.00 counter yang boleh tetap boleh .

2 months ago

bullrun168

Walaoeh, what happend ?
Super damn hot man PMetal today !
Now PMetal was traded at @RM6.08 (+0.13) (+2.2 %)
Heng ah, Ong ah, Huat ah !

2 months ago

Cayjiann Ng

anyone know what happened to this stock ?suddenly drop so much

2 months ago

Janus Mun

operator sapu?

2 months ago

sten_still

Discount for malaysian

2 months ago

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.

2 months ago

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

2 months ago

Janus Mun

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

2 months ago

rojakmee

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

2 months ago

Janus Mun

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

2 months ago

telusdansuci

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

2 months ago

spacking

https://www.instagram.com/p/C9OeY3wgh7M/

2 months ago

telusdansuci

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

2 months ago

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

2 months ago

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

2 months ago

Janus Mun

next support 5.19....

2 months ago

abc333

wait below 5.06

2 months ago

telusdansuci

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

2 months ago

telusdansuci

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

2 months ago

telusdansuci

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

2 months ago

Janus Mun

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

2 months ago

Augustine

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

https://theedgemalaysia.com/node/719027

2 months ago

nelsonlim

after pmbtech move, pmetal shall go to 5.25

1 month ago

Cakes Moon

Buy!!!
KLSE so bullish recently!!!

1 month ago

PryorBuyer

Good qr + dividend, tq pmetal

1 month ago

Cakes Moon

Result is superb, why drop?
Topup!!!

1 month ago

Tenka226

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

3 weeks ago

Agjl

Ringgit strengthen thats why drop

3 weeks ago

hw0706

press metal kilang explore

2 weeks ago

hhhiii123

Good chance to collect when sharp drop lol

2 weeks 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 weeks ago

ggleow

so serious the fire.
like this sure limit down

2 weeks ago

pang72

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

2 weeks ago

ggleow

can drop for another 50 sen tomorrow.

2 weeks ago

Babayaga

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

2 weeks ago

hw0706

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

2 weeks ago

pang72

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

2 weeks ago

pang72

The factory still there la..
Scary

2 weeks ago

hhhiii123

Got insurance, hopefully strong rebound in alumni price

2 weeks ago

juon

Tomorrow kena liao, next target kena short

2 weeks ago

Tenka226

Collect before it crosses RM5 again 😉

2 weeks ago

Fabien _the efficient capital allocator

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

2 weeks 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

2 weeks ago

Tenka226

Good for you, Fabien, bought at the bottom price

1 week 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.

6 days ago

rl68

@Fabian, when will the power purchase agreement end?

6 days ago

Fabien _the efficient capital allocator

PPA contracts ending between 2034 and 2040

3 days ago

Fabien _the efficient capital allocator

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

3 days ago

rl68

@Fabian, tq. All the best.

3 days 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.

3 days ago