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Press Metal is solid for the long haul given their low-cost hydro-powered smelters and strong global demand, so it makes total sense that analysts are keeping an overweight call on them.
PMETAL mencatat rekod 2Q26 dengan core profit naik 42% kepada RM685.6 juta. Higher aluminium prices dan lower alumina cost terus mengembangkan margin. Earnings momentum kekal kuat dan menyokong premium valuation.
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Big moves are happening at Press Metal Aluminium Holdings Bhd! 🏭 The group just announced a RM465 million cash deal to acquire the Koon family’s 35.6% stake in PMB Technology Bhd, raising its total ownership to 58.8%.
But the deal has sparked a massive debate: Is this a bold strategic pivot, or a related-party rescue? 🤔
The recent share price drop could be a good chance to accumulate, especially since aluminium prices are still staying quite high, according to RHB Research
Press Metal is a solid long-term play given their cost-competitive smelting operations and aggressive expansion into low-carbon aluminium. While valuations might look a bit rich after the recent rally, the strong demand for green metal makes them a reliable compounder for your portfolio.
