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Overview
Financial Highlight
Headlines
Business Background Mestron Holdings Bhd is engaged in the pole business. It offers various pole product such as Street lighting pole, Decorative pole, Camera pole, Telecommunication monopole, traffic pole and oil and gas and mining light pole.
 Be the first to like this.   Suhaimi Yusof Kfliau.. Turnover rate is neutral.. But money flow-in is still on going today.. Stock rebound but still weak sign.. Difficult to justify utk uptrend since oversold not yet over.. KLCI dah keluar BUY Signal harini.. Hopefully stocks to follow.. 20/08/2019 10:13 PM Suhaimi Yusof But based on others indicator.. Mestron is quite strong to turning up.. 20/08/2019 10:17 PM Suhaimi Yusof If market ok this few days.. Mestron has good momentum to go up.. Same to Tashin quite good indicator.. I dont buy Tashin since non shariah.. But this counter short term is good.. But NOT for intraday.. 21/08/2019 9:52 PM Suhaimi Yusof @kfliau..although the price slightly down but money still flow-in as same amount as yesterday.. At current market situation is quite difficult to estimate.. But with other indicator very optimistic for Mid Term is quite strong to turning up.. Short term is sideway.. No signal sell.. Buy signal is still strong.. 22/08/2019 10:51 PM ruhaizat69 Even their own factory has been disposes, what do you hope anymore wiith this scamer company, TP0.05 24/08/2019 6:50 AM GenghisHoe What caught my attention on Mestron? Source: https://whyvalueinvesting.blogspot.com/2019/08/newly-listed-mestron-holding-berhad.html 25/08/2019 4:31 PM kfliau @suhaimi, looks like all the buying interest has dissipated. What about the readings? 27/08/2019 11:43 AM John1234 The readings can be "distorted" by deliberate actions from the mkt operator. More reliable source - let the QR report speak for itself within days, either good or bad... 27/08/2019 12:42 PM kfliau @John1234 Agreed. IPO at 16 cts. What I am afraid is many companies do creative accounting to make the accounts look good for the listing. After listing all the shit is exposed. I hope Mestron is not one of them 27/08/2019 1:28 PM ruhaizat69 Wow Rm700k profit for disposal, what amazing profit & I revise my TP to rm0.055 27/08/2019 5:09 PM Suhaimi Yusof Kfliau.. Money flow out started yesterday.. Turnover rate - ve 4%..look not attractive.. Hope just retrace for short term.. Too many retailer involves.. Most trapped @ 0.12.. 28/08/2019 8:44 AM  birkincollector lol -ve results...how this type of company can be listed in the first place 29/08/2019 6:22 PM Chris Khoo Quick analysis: i) recorded profit before tax 1.1million (see note 3) ii) the loss was mainly due to listing expenses amounting to 3million iii) however, gross profit margin dropped to 17% compare 34% in previous quarter (a warning!!) iv) cash flow from operating activities is still very healthy i.e. identical to previous quater - 1.9million probably IB will remain buy buy lower the price target....previous buy call by Public IB and Rakuten 29/08/2019 7:01 PM Chris Khoo Personally do not suggest to keep on as margin drop is not justifiable as major pole sales was from telecommnucation and o&g sectors yet gross profit margin was only 17% (50% from from previous quarter). the profit margin was also far below the expected 30% as mentioned by ED during the prospectus launch!!! As the average margin in 2017 and 2018 for standardize pole was 20%, the 17% figure is highly questionable 30/08/2019 9:04 AM kfliau I think the price has already factored in this poor result, hence held steady 30/08/2019 5:12 PM Suhaimi Yusof Though the company making loss but net cash flow (cash is king) much more better as compared to Q1. Hope with KLCI start to rebound mestron to follow.. 30/08/2019 11:48 PM GenghisHoe The question here: Mestron just raised RM 25.28 million on 18th June 2019, but on 1st August 2019, they proposed to dispose of two (2) one-half storey linked factories -- Isn't it strange that within very short period, Mestron required the working capital again after listing of forty five (45) days? Source: https://whyvalueinvesting.blogspot.com/2019/08/why-mestron-dispose-of-two-2-one-half.html 03/09/2019 7:57 AM Min Kuan Lau Ock 5g company sudah terbang lo why mestron pole manufacturers no yet 11/09/2019 1:18 PM John1234 Some may say this is a con or rubbish company. But the fact remains it is still well supported by the mkt operator at 10.5 sen and above. I cannot get it at 10.5 sen now, after I detected the last buying signal. Lol. Of course, share price is dynamic. Let's see when the mkt operator takes away the support. Then, someone will say, "money flows out". 23/09/2019 10:16 AM John1234 Mkt operators are everywhere. Look at Ekovest, it drops below the support line after the mkt operator removes his support at a higher price. Someone shouts, "Money flows out". Really? 26/09/2019 10:03 AM John1234 On the other hand, somebody shouted, "Money flows in", when Prestariang Berhad was ramped up every now and then. Really? To me, this is just part of the tactical moves for the mkt operator in his daily operations. 04/10/2019 10:57 AM pix0 Mestron Holdings Bhd’s * unit Max Lighting Sdn Bhd has accepted a project wide supply agreement with MMC Gamuda KVMRT (T) Sdn Bhd to supply and commission LED Tunnel Lighting for Mass Rapid Transit Line 2 (MRT2) project. 17/10/2019 7:26 AM pix0 BRIEF-Mestron Holdings Says Unit Accepted Purchase Order From Ahmad Zaki Sdn Bhd https://sg.news.yahoo.com/brief-mestron-holdings-says-unit-104716094.html 23/10/2019 11:06 PM billionn Habis distribution time to let it fall but how my h ya? 0.10 maybe or 0.01 lol 24/10/2019 11:30 PM |
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