Highlights
KLSE : LUSTER       LUSTER INDUSTRIES BHD
Last Price Today's Change   Day's Range   Trading Volume
0.065   0.00 (0.00%)  0.00 - 0.00  0
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  35 people like this.
 
sowQ in your dreams rm6...unless dr chen inject phnom penh casino in this
29/04/2016 10:20
Diven Teh KKB counter
29/04/2016 11:38
steward888 http://klse.i3investor.com/servlets/anpth/1151559.jsp
29/04/2016 17:49
steward888 Future Development and Challenges
Global growth is projected to edge up in the coming years,
but at a slower pace. This pickup is predicated on continued
gains in major high-income countries, a gradual tightening of
financing conditions, a stabilization of commodity prices and
a gradual rebalancing in China.
In the manufacturing segment, we will continue to differentiate
ourselves from the other manufacturers by providing more
value-added works and services to our customers which include
design and development, innovative value-added processes,
completeness of production processes and competitive
costs. We will further consolidate duplicated activities within
the manufacturing group to further enhance our price
competitiveness. We are studying to replace and upgrade our
production facilities to a higher and different technology in order
to reduce the production cycle-time as well as efficiency. We
are also exploring the possibilities of process automation in view
of the increasing cost of labour. With our corporate rebranding
exercise during the financial year, we believe we will be able
to continue to attract new talents and with our continuous
emphasis in training and retraining, we will be able to upgrade
our human capital, which is crucial for our succession plan.
We will continue our effort to explore available opportunities
to ensure that the exploration and mining activities are
economically and financially feasible. We are currently
negotiating with other parties to participate to study on
the available options to increase the economic of scale of
the operation at reasonable costs. With the predicated
stabilization of commodity prices, the Board believes that
there will be more certainty in this industry, hence making the
exploration and mining activities more economically viable
and stable.
We had inked a tripartite agreement on 9 March 2016 for
the development of the affordable home project in Perak.
We will continue to explore other opportunities in other areas
for the affordable housing projects before we embark upon
larger projects.
As for the gaming and leisure segment, we will work along
with our partner to further expand the digit game business
despite several challenges the company is facing lately. We
are also planning for the next phase of expansion involving
hotel, resort, entertainment center and duty-free outlet.
In light of the above and barring any unforeseen circumstances,
the Board is cautiously optimistic in delivering a better result in
the financial year 2016.
In Recognition
I would like to take this opportunity to express my sincere
appreciation and gratitude to my fellow Board members
for their invaluable contribution and guidance through a
challenging year as well as to our customers, bankers and
suppliers for their continued trust, support and commitment
to work with us. I would also like to thank our management
team and employees for their loyalty and commitment
towards their work and our shareholders for their continued
support and confidence in Luster Industries Bhd.
YAM Tunku Datin Annie Dakhlah Bte
Almarhum Tuanku Munawir
Independent Non-Executive Chairman
29/04/2016 18:40
Diven Teh if the price still less than 10 cts, this counter memang tak boleh pakai..
29/04/2016 18:58
cheektan This is a company full of potential...
29/04/2016 19:49
DRwarrant TUESDAY >> SURE PANIC BUYYYY.....
LUSTER immediate TP 10 SEN
WB WA >> 6 SEN .....
29/04/2016 23:56
120453 Dr Holland!
30/04/2016 21:10
DRwarrant Luster,,sure one $$$
01/05/2016 11:13
Teh Diven this counter only got potential if can break 10 cts and abve.......if not just forget abt it.
01/05/2016 14:34