Declared Dividend • May 30
First quarter dividend increased to RM0.025 Dividend of RM0.025 is 25% higher than last year. Ex-date: 12th June 2026 Payment date: 30th June 2026 Dividend yield will be 0.9%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 31%. Cash payout ratio: 70%. Price Target Changed • May 29
Price target increased by 8.0% to RM9.18 Up from RM8.50, the current price target is an average from 14 analysts. New target price is approximately in line with last closing price of RM9.00. Stock is up 79% over the past year. The company is forecast to post earnings per share of RM0.33 for next year compared to RM0.25 last year. Reported Earnings • May 05
Full year 2025 earnings: EPS in line with analyst expectations despite revenue beat Full year 2025 results: EPS: RM0.26 (up from RM0.21 in FY 2024). Revenue: RM16.2b (up 8.7% from FY 2024). Net income: RM2.10b (up 19% from FY 2024). Profit margin: 13% (up from 12% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Metals and Mining industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 21% per year. Announcement • Apr 29
Press Metal Aluminium Holdings Berhad, Annual General Meeting, Jun 19, 2026 Press Metal Aluminium Holdings Berhad, Annual General Meeting, Jun 19, 2026, at 10:00 Singapore Standard Time. Location: state room 1, ground floor, m resort & hotel, jalan damansara, bukit kiara, 60000 kuala lumpur, Malaysia Declared Dividend • Mar 02
Fourth quarter dividend of RM0.02 announced Shareholders will receive a dividend of RM0.02. Ex-date: 11th March 2026 Payment date: 30th March 2026 Dividend yield will be 1.1%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 31%. Cash payout ratio: 38%. Price Target Changed • Feb 28
Price target increased by 7.2% to RM8.01 Up from RM7.47, the current price target is an average from 14 analysts. New target price is 12% above last closing price of RM7.13. Stock is up 41% over the past year. The company is forecast to post earnings per share of RM0.30 for next year compared to RM0.26 last year. Reported Earnings • Feb 27
Full year 2025 earnings released: EPS: RM0.26 (vs RM0.21 in FY 2024) Full year 2025 results: EPS: RM0.26 (up from RM0.21 in FY 2024). Revenue: RM16.2b (up 8.7% from FY 2024). Net income: RM2.10b (up 19% from FY 2024). Profit margin: 13% (up from 12% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.1% p.a. on average during the next 2 years, compared to a 3.4% growth forecast for the Metals and Mining industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 14% per year. Announcement • Jan 02
Press Metal Aluminium Holdings Berhad Appoints Puan Amnah Apasra Emir Binti Moehamad Izat Emir as Independent and Non-Executive Director, Effective January 2, 2026 Press Metal Aluminium Holdings Berhad announced the appointment of Puan Amnah Apasra Emir Binti Moehamad Izat Emir as Independent and Non-Executive Director, effective January 2, 2026. She is 60 years old and holds a Professional Qualification in Architecture from the Malaysian Institute of Architects (Graduate Member), a Professional Qualification in Interior Design from the Malaysian Institute of Interior Designers (MIID) (Corporate Member), a Professional Qualification in Architecture from the Board of Architects Malaysia (Graduate Architect), and a Diploma in Architecture from the Architectural Association School of Architecture, London, UK. Amna is founder of Neuformation Architects Sdn Bhd, Malaysia, an architectural company formed in 1994 specializing in Transport Architecture, MICE, IT Buildings and IBS construction. The company is focusing on the ESG agenda having delivered the design of a GBI Platinum rated corporate campus for Tenaga Nasional Berhad. She is a placemaking advocate specializing in regeneration and activation of public spaces. Amna has provided strategic advice to government-linked companies in the area of urban regeneration on localities ranging from greenfield to brownfield, with roles to include lead consultant for Khazanah Penang in the preparation of the George Town Penang Transformation Plan and Komtar Business Improvement District Scheme (BIDS), Penang for Think City, a fully owned subsidiary of Khazanah Malaysia. Amna is an honorary advisor to the Malaysian Structural Steel Association after retiring as its honorary secretary general having served as council member for 23 years promoting the use of constructional steel. She is also a council member of Professional Alliance for Circular Economy (PACE) spearheaded by Universiti Teknologi PETRONAS, which aims to accelerate innovations in the Circular Economy agenda in Malaysia. Amna has served as external lecturer to University Southern California Summer schools in collaboration with University Malaya and Universiti Teknoloji Petronas (UTP) and served as Industry Expert for both public and private institutions nationwide. Amna is also an External Advisor to Nottingham University's Science and Engineering Faculty. She also holds directorship in SKB Shutters Corporation Berhad. Declared Dividend • Nov 22
Third quarter dividend of RM0.02 announced Shareholders will receive a dividend of RM0.02. Ex-date: 5th December 2025 Payment date: 24th December 2025 Dividend yield will be 1.2%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 33%. Cash payout ratio: 44%. Price Target Changed • Nov 21
Price target increased by 9.5% to RM7.23 Up from RM6.60, the current price target is an average from 13 analysts. New target price is 12% above last closing price of RM6.48. Stock is up 38% over the past year. The company is forecast to post earnings per share of RM0.25 for next year compared to RM0.21 last year. Reported Earnings • Nov 21
Third quarter 2025 earnings released: EPS: RM0.068 (vs RM0.049 in 3Q 2024) Third quarter 2025 results: EPS: RM0.068 (up from RM0.049 in 3Q 2024). Revenue: RM4.08b (up 7.9% from 3Q 2024). Net income: RM563.3m (up 40% from 3Q 2024). Profit margin: 14% (up from 11% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Metals and Mining industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 10% per year. Declared Dividend • Aug 23
Second quarter dividend of RM0.02 announced Shareholders will receive a dividend of RM0.02. Ex-date: 10th September 2025 Payment date: 29th September 2025 Dividend yield will be 1.3%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 33% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 22
Second quarter 2025 earnings released: EPS: RM0.059 (vs RM0.061 in 2Q 2024) Second quarter 2025 results: EPS: RM0.059 (down from RM0.061 in 2Q 2024). Revenue: RM4.19b (up 5.9% from 2Q 2024). Net income: RM483.6m (down 4.4% from 2Q 2024). Profit margin: 12% (down from 13% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Metals and Mining industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Declared Dividend • May 24
First quarter dividend increased to RM0.02 Dividend of RM0.02 is 14% higher than last year. Ex-date: 6th June 2025 Payment date: 24th June 2025 Dividend yield will be 1.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 22
Press Metal Aluminium Holdings Berhad Announces First Interim Single Tier Dividend for the Financial Year Ending 31 December 2025, Payable 24 Jun 2025 Press Metal Aluminium Holdings Berhad announced First interim single tier dividend of 2.00 sen per share for the financial year ending 31 December 2025. Ex-Date: 06 Jun 2025, Entitlement date: 09 Jun 2025 and Payment Date: 24 Jun 2025. Reported Earnings • May 02
Full year 2024 earnings: Revenues and EPS in line with analyst expectations Full year 2024 results: EPS: RM0.21 (up from RM0.15 in FY 2023). Revenue: RM14.9b (up 8.0% from FY 2023). Net income: RM1.77b (up 45% from FY 2023). Profit margin: 12% (up from 8.8% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Metals and Mining industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Apr 29
Press Metal Aluminium Holdings Berhad, Annual General Meeting, Jun 26, 2025 Press Metal Aluminium Holdings Berhad, Annual General Meeting, Jun 26, 2025, at 10:30 Singapore Standard Time. Location: state room 2, ground floor, m resort & hotel, jalan damansara, bukit kiara, 60000 kuala lumpur, Malaysia Buy Or Sell Opportunity • Apr 16
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at RM4.82. The fair value is estimated to be RM6.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 10%. For the next 3 years, revenue is forecast to grow by 4.5% per annum. Earnings are also forecast to grow by 10% per annum over the same time period. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to RM4.25, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 11x in the Metals and Mining industry in Malaysia. Total loss to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at RM6.45 per share. Buy Or Sell Opportunity • Mar 21
Now 20% undervalued Over the last 90 days, the stock has risen 5.7% to RM4.98. The fair value is estimated to be RM6.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 10%. For the next 3 years, revenue is forecast to grow by 5.4% per annum. Earnings are also forecast to grow by 9.8% per annum over the same time period. Buy Or Sell Opportunity • Mar 03
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.8% to RM4.92. The fair value is estimated to be RM6.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 10%. For the next 3 years, revenue is forecast to grow by 5.4% per annum. Earnings are also forecast to grow by 10% per annum over the same time period. Declared Dividend • Feb 28
Fourth quarter dividend of RM0.018 announced Dividend of RM0.018 is the same as last year. Ex-date: 12th March 2025 Payment date: 28th March 2025 Dividend yield will be 1.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 44% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 27
Full year 2024 earnings released: EPS: RM0.21 (vs RM0.15 in FY 2023) Full year 2024 results: EPS: RM0.21 (up from RM0.15 in FY 2023). Revenue: RM14.9b (up 8.0% from FY 2023). Net income: RM1.76b (up 45% from FY 2023). Profit margin: 12% (up from 8.8% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Metals and Mining industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Dec 06
Now 20% undervalued Over the last 90 days, the stock has risen 3.3% to RM4.96. The fair value is estimated to be RM6.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to grow by 7.4% in 2 years. Earnings are forecast to grow by 33% in the next 2 years. Declared Dividend • Dec 02
Third quarter dividend of RM0.018 announced Dividend of RM0.018 is the same as last year. Ex-date: 16th December 2024 Payment date: 31st December 2024 Dividend yield will be 1.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 44% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 29% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 30
Third quarter 2024 earnings: EPS and revenues exceed analyst expectations Third quarter 2024 results: EPS: RM0.049 (up from RM0.037 in 3Q 2023). Revenue: RM3.78b (up 9.8% from 3Q 2023). Net income: RM402.3m (up 31% from 3Q 2023). Profit margin: 11% (up from 8.9% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Metals and Mining industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Nov 29
Press Metal Aluminium Holdings Berhad Announces Third Interim Single Tier Dividend for the Financial Year Ending 31 December 2024, Payable on 31 December 2024 Press Metal Aluminium Holdings Berhad announced third interim single tier dividend of 1.75 sen per share for the financial year ending 31 December 2024. Ex-date is 16 December 2024. Entitlement date is 17 December 2024. Payment date is 31 December 2024. Buy Or Sell Opportunity • Nov 07
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.4% to RM4.68. The fair value is estimated to be RM5.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 8.8% in 2 years. Earnings are forecast to grow by 38% in the next 2 years. Board Change • Nov 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 8 experienced directors. 2 highly experienced directors. Assistant Manager of the Risk Management John Koon was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Buy Or Sell Opportunity • Oct 23
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.3% to RM4.77. The fair value is estimated to be RM6.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 8.7% in 2 years. Earnings are forecast to grow by 37% in the next 2 years. Declared Dividend • Sep 01
Second quarter dividend of RM0.018 announced Dividend of RM0.018 is the same as last year. Ex-date: 18th September 2024 Payment date: 30th September 2024 Dividend yield will be 1.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 44% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 46% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 30
Second quarter 2024 earnings: EPS exceeds analyst expectations Second quarter 2024 results: EPS: RM0.061 (up from RM0.037 in 2Q 2023). Revenue: RM3.95b (up 5.2% from 2Q 2023). Net income: RM505.8m (up 65% from 2Q 2023). Profit margin: 13% (up from 8.1% in 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 46%. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Metals and Mining industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Aug 28
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.2% to RM5.13. The fair value is estimated to be RM6.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 56% in the next 2 years. Buy Or Sell Opportunity • Aug 02
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.5% to RM5.08. The fair value is estimated to be RM6.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 56% in the next 2 years. Announcement • Jun 21
Hong Kong Prime Aluminium Investment Limited agreed to acquire 25% stake in PT Bintan Alumina Indonesia from Press Metal Aluminium Holdings Berhad (KLSE:PMETAL) for $330 million. Hong Kong Prime Aluminium Investment Limited agreed to acquire 25% stake in PT Bintan Alumina Indonesia from Press Metal Aluminium Holdings Berhad (KLSE:PMETAL) for $330 million on June 20, 2024. For the period ended December 31, 2023 PT Bintan Alumina Indonesia reported net income of $185 million and net assets of $1.3 billion Reported Earnings • Jun 04
First quarter 2024 earnings released: EPS: RM0.05 (vs RM0.034 in 1Q 2023) First quarter 2024 results: EPS: RM0.05 (up from RM0.034 in 1Q 2023). Revenue: RM3.62b (up 18% from 1Q 2023). Net income: RM408.0m (up 45% from 1Q 2023). Profit margin: 11% (up from 9.2% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Metals and Mining industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Price Target Changed • Jun 01
Price target increased by 16% to RM6.25 Up from RM5.39, the current price target is an average from 12 analysts. New target price is 12% above last closing price of RM5.60. Stock is up 18% over the past year. The company is forecast to post earnings per share of RM0.24 for next year compared to RM0.15 last year. Declared Dividend • Jun 01
Fourth quarter dividend of RM0.018 announced Dividend of RM0.018 is the same as last year. Ex-date: 14th June 2024 Payment date: 28th June 2024 Dividend yield will be 1.3%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (47% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 44% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 61% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Major Estimate Revision • May 31
Consensus EPS estimates increase by 22% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from RM14.8b to RM15.2b. EPS estimate increased from RM0.19 to RM0.232 per share. Net income forecast to grow 56% next year vs 28% growth forecast for Metals and Mining industry in Malaysia. Consensus price target up from RM6.06 to RM6.25. Share price rose 4.9% to RM5.60 over the past week. Reported Earnings • May 02
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: RM0.15 (down from RM0.17 in FY 2022). Revenue: RM13.8b (down 12% from FY 2022). Net income: RM1.22b (down 14% from FY 2022). Profit margin: 8.8% (down from 9.0% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 1.4%. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Metals and Mining industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • May 01
Press Metal Aluminium Holdings Berhad, Annual General Meeting, Jun 27, 2024 Press Metal Aluminium Holdings Berhad, Annual General Meeting, Jun 27, 2024, at 10:30 Singapore Standard Time. Location: State Room 2, Ground Floor, M Resort & Hotel, Jalan Damansara, Bukit Kiara Kuala Lumpur Malaysia Agenda: To consider and approve the Audited Financial Statements for the financial year ended 31 December 2023; to consider and approve the payment of Directors; to consider and approve the election of Directors; to consider and approve the re appointment of the Messrs KPMG PLT as Auditors of the Company and to authorize the Directors to fix their remuneration; and to consider and approve any other matters. Upcoming Dividend • Mar 06
Upcoming dividend of RM0.018 per share Eligible shareholders must have bought the stock before 13 March 2024. Payment date: 29 March 2024. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Malaysian dividend payers (4.8%). Lower than average of industry peers (1.9%). Declared Dividend • Mar 01
Fourth quarter dividend of RM0.018 announced Dividend of RM0.018 is the same as last year. Ex-date: 13th March 2024 Payment date: 29th March 2024 Dividend yield will be 1.5%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (47% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 38% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 64% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 29
Full year 2023 earnings released: EPS: RM0.15 (vs RM0.17 in FY 2022) Full year 2023 results: EPS: RM0.15 (down from RM0.17 in FY 2022). Revenue: RM13.8b (down 12% from FY 2022). Net income: RM1.21b (down 14% from FY 2022). Profit margin: 8.8% (down from 9.0% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Metals and Mining industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Upcoming Dividend • Dec 08
Upcoming dividend of RM0.018 per share at 1.5% yield Eligible shareholders must have bought the stock before 15 December 2023. Payment date: 29 December 2023. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Malaysian dividend payers (5.0%). Lower than average of industry peers (1.8%). Announcement • Nov 29
Press Metal Aluminium Holdings Berhad Announces Third Interim Single Tier Dividend for the Financial Year Ending December 31, 2023, Payable on December 29, 2023 Press Metal Aluminium Holdings Berhad announced third interim single tier dividend of 1.75 sen per share for the financial year ending 31 December 2023. Ex-Date is 15 December 2023. Payment Date is 29 December 2023. Entitlement date is 18 December 2023. Reported Earnings • Nov 29
Third quarter 2023 earnings released: EPS: RM0.037 (vs RM0.038 in 3Q 2022) Third quarter 2023 results: EPS: RM0.037 (down from RM0.038 in 3Q 2022). Revenue: RM3.44b (down 11% from 3Q 2022). Net income: RM306.1m (down 3.1% from 3Q 2022). Profit margin: 8.9% (up from 8.2% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Metals and Mining industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 08
Upcoming dividend of RM0.018 per share at 1.4% yield Eligible shareholders must have bought the stock before 15 September 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Malaysian dividend payers (5.2%). Lower than average of industry peers (1.7%). Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: RM0.037 (vs RM0.05 in 2Q 2022) Second quarter 2023 results: EPS: RM0.037 (down from RM0.05 in 2Q 2022). Revenue: RM3.76b (down 6.2% from 2Q 2022). Net income: RM305.8m (down 25% from 2Q 2022). Profit margin: 8.1% (down from 10% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Metals and Mining industry in Malaysia. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Announcement • Jun 16
Press Metal Aluminium Holdings Berhad Announces Appointment of John Koon Tzer Lim as Executive Alternate Director Press Metal Aluminium Holdings Berhad announced appointment of MR JOHN KOON TZER LIM as Executive Alternate Director. Date of change is 15 June 2023. Age is 26. Qualification: Professional Qualification in Enterprise Risk Practitioner from Institute of Enterprise Risk Practitioners and BSc (Hons) Actuarial Mathematics from University of Leeds. Working experience: Mr. John Koon Tzer Lim ("John") is the Assistant Manager of the Risk Management department at Press Metal Aluminium Holdings Berhad ("PMAH"). John leads the Risk Management team and ensures the Group's Risk Framework is aligned with ISO31000 practices. He effectively manages and mentors a team of Risk Management personnel, providing guidance and support tailored to the operating nature and culture of the Group. Additionally, John presents Risk Management matters to the Risk Management Committee ("RMC") on a quarterly basis, summarizing all team activities and offering clear and concise recommendations for managing risks. He has further strengthened the Group's risk reporting by developing Key Risk Indicators and a Risk Heatmap, facilitating effective prioritization of risks for the RMC. Prior to joining the Risk department, John worked as an Insurance Liaison Executive, overseeing the Group's insurance programs and negotiating better terms with insurers. He actively participated in risk surveys and coordinated the implementation of recommended mitigation actions. Furthermore, John led a feasibility study on establishing a captive insurance company for the marine insurance program, thoroughly analyzing costs, benefits, potential savings, and associated risks. Upcoming Dividend • Jun 07
Upcoming dividend of RM0.018 per share at 1.5% yield Eligible shareholders must have bought the stock before 14 June 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Malaysian dividend payers (5.4%). Lower than average of industry peers (1.8%). Major Estimate Revision • Jun 06
Consensus EPS estimates fall by 17% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from RM14.8b to RM14.4b. EPS estimate also fell from RM0.213 per share to RM0.177 per share. Net income forecast to grow 24% next year vs 35% growth forecast for Metals and Mining industry in Malaysia. Consensus price target down from RM5.80 to RM5.60. Share price fell 3.1% to RM4.75 over the past week. 
