Highlights
KLSE: MELEWAR (3778)       MELEWAR INDUSTRIAL GROUP BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.33   -0.005 (1.49%)  0.33 - 0.345  509,200
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Overview

Market Cap: 119 Million
NOSH: 359 Million
Avg Volume (4 weeks):1,186,921
4 Weeks Range:0.30 - 0.425
4 Weeks Price Volatility (%):
24.00%
52 Weeks Range:0.275 - 0.78
52 Weeks Price Volatility (%):
10.89%
Average Price Target: 0.12
Price Target Upside/Downside: -0.21

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2021 [#1]  |  25-Nov-2021
Next QR | Est. Ann. Date: 31-Dec-2021  |  25-Feb-2022
T4Q P/E | EY: 2.90  |  34.54%
T4Q DY | Payout %: 6.76%  |  19.57%
T4Q NAPS | P/NAPS: 1.05  |  0.31
T4Q NP Margin | ROE: 7.52%  |  10.85%

Headlines

Date Subject
02-Aug-2021 Technical Buy - MELEWAR (3778)
13-Jul-2021 How does MCO affect steel industry? Koon Yew Yin
25-May-2021 Trading Stocks - Melewar Industrial Group
06-May-2021 Why Steel Stock prices are rising? Koon Yew Yin
26-Apr-2021 Trading Stocks - Melewar Industrial Group
25-Feb-2021 Technical Buy - MELEWAR (3778)
25-Feb-2021 PublicInvest Research Headlines - 25 Feb 2021
22-Jan-2021 STEEL Industry - HOT ! !
20-Jan-2021 Trading Stocks - Melewar Industrial
28-Dec-2020 [转贴] [Video:浅谈MELEWAR INDUSTRIAL GROUP BHD, MELEWAR, 3778] - James的股票投资James Share Investing

Business Background

Melewar Industrial Group Bhd is engaged in property development and an investment holding company which through its subsidiaries is principally involved in mid-stream steel cold rolled coil and steel tube manufacturing, coupled with engineering services. The group's steel division manufactures cold-rolled coil steel sheets and steel tubes. The cold rolled segment is in the business of manufacturing and sales of cold rolled coils. The engineering segment is involved in providing engineering services including projects that would be accounted as construction contracts. The investment holding segment refers to companies with investments in subsidiaries and companies with investments in quoted and unquoted equity securities. The company is based in Malaysia.
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  2 people like this.
 
investortrader88 managed to get some tickets at RM 0.495.hold & wait for steel counters uptrend.good luck guys.
12/07/2021 3:21 PM
davidts95 https://guangming.com.my/6%e6%9c%88%e8%87%b3%e4%bb%8a%e6%b2%92%e7%87%9f%e6%a5%ad-%e9%8b%bc%e9%90%b5%e6%a5%ad%e8%99%a7%e4%ba%8630%e5%84%84
12/07/2021 3:36 PM
Hui_k_c Stock Sifu what is yr comments to buy or wait
pls advise
12/07/2021 3:48 PM
carimakan kilang besi belum buka lagi ke?
13/07/2021 3:29 PM
Muyutin aiya,,pang72 mali share drop again
13/07/2021 10:40 PM
carimakan kilang besi tutup kedai lagi..
14/07/2021 10:19 AM
carimakan kedai besi tutup lagi ke?
15/07/2021 11:35 AM
Yong Meng https://menginvestlife.blogspot.com/2021/07/050.html 050 - 钢铁行业状况
16/07/2021 9:01 AM
azmanizam https://tradingeconomics.com/commodity/steel
16/07/2021 2:24 PM
azmanizam Price steel today up to 5562(19july). Trend up
19/07/2021 10:14 AM
OTB Steel stocks listed in China went up a lot today.
Please be patience to wait for our turn in KLSE.
All steel stocks will perform very well in the next 2 years.
Thank you.
22/07/2021 11:17 PM
investortrader88 Melewar Industrial Group Berhad, an investment holding company, engages in manufacturing, distributing, and trading steel and iron products in Malaysia. It operates through Steel Tube, Cold Rolled, and Engineering segments. The company offers black and carbon steel pipes, and square and rectangular hollow sections for bicycle, vehicles, agricultural implements, civil engineering, steel towers, furniture, mining industries, etc.; and gas and water pipes for carrying gas, water, steam, oil, air, etc. It also provides galvanized steel conduits for electrical wiring; light gauge steel plain and lipped channels for civil engineering, transportation and electrical communication equipment, machinery, etc.; and hot rolled steel plates and sheets, and cold rolled steel sheets for furniture constructions, engineering, electrical appliances, etc. In addition, the company offers welded steel pipes; carbon steel pipes for ordinary piping and machine structural purposes; square and rectangular hollow sections; and mild steel plain channels, as well as hot-dip galvanizing services. Further, it is involved in the zinc coating; construction and supply of quick assembly homes; trading of steel products and scrap; provision of engineering and technical consultancy services; and property investment activities. The company was founded in 1969 and is headquartered in Kuala Lumpur, Malaysia.


# Div 4.33 %

# Cash & receivables RM 260.1 million

# Debts RM 92.7 million

# Nett cash RM 167.4 million

# Physical assests RM 391.4 million

# Has become profitable over the past 5 years, growing earnings by 50.6% per year.

# Nta RM 0.97

# Lowest in history RM 0.10 Year 2019 . Highest RM 3.79 Year 1995
25/07/2021 12:52 PM
ming 据Mysteel了解,近期受中国冷镀系板材出口退税以及俄罗斯对所有金属品种加征15%临时关税影响,全球各地区冷系板材均出现不同程度上涨至千余美元/吨以上,较7月份九百余美元/吨上涨100美元/吨左右。从需求方面来看,全球供应缺口仍然存在,长期市场供需偏紧。虽然价格出现较大幅度上涨,短期来看对中国钢材出口影响有限。
17/08/2021 6:51 PM
durian1 Will this company be profitable this time?
26/08/2021 10:14 AM
Analyser Profit is kinda ok but still lower than previous quarter. Mgt prospect says downside risks persists until Phase 2 of national recovery starts. Estimated recovery in 2nd half of 2022.
26/08/2021 5:22 PM
Bgt 9963 Post removed. Why?
26/08/2021 5:42 PM
mf gap up
26/08/2021 8:49 PM
cckiong The business lockdown under the FMCO and then National Recovery Plan (NRP) Phase 1 continued into the new financial year until 16th August 2021 when the ‘non-essential’ manufacturing sector was finally allowed to resume operations at staggered capacity based on employees’ completed vaccination rate. In this regard, it was timely that the Group had participated in the COVID-19 Public-Private Partnership Industry Immunization Program (PIKAS) upon its launch to accelerate the vaccination rate amongst its staff. The Group’s steel
operations were able to resume production from 16th August at around 60% capacity and should attain full capacity availability by end August. The six weeks of business shutdown will negatively affect net income and cashflows of the Group in the 1st quarter of the next financial year. As at the date of this report, the Group was able to stretch its cashflows to meet financial obligations and has not sought any rescheduling of its financial obligations. The resumption of
operations from 16th August has alleviated pressure on the aforementioned as its cash-conversion-cycle should start to normalise. See Note B3 on outlook for the new financial year.
Besides the above, there are no other known material subsequent events up-till the date of this report which may affect the Group’s financial position and performance of its entities.
26/08/2021 10:39 PM
bullmarket1628 Post removed. Why?
30/08/2021 11:14 AM
BeAmillionaire among all steel counter, melewar is the weakest....almost all steel counter back to 12.5 level, but melewar still far behind
30/08/2021 4:36 PM
LuckyBertuah Why the inventories up so much?why???
30/08/2021 10:45 PM
fl888 will be declaring at least 2.88 % dividend for 2020 in view of RM72 million profit compared to loss of RM3.7 million for 2019
01/09/2021 11:41 AM
warrenG Khairy: Covid-19 is endemic, simpler SOPs to be announced

https://www.youtube.com/watch?v=VaL_GGTBK24
01/09/2021 8:18 PM
Hermosa Yes Melewar kinda weak compared to other steel counter.
05/09/2021 6:04 PM
Hermosa Even Tashin is stronger. Too sad I am still holding Melewar but let go Tashin too early.
05/09/2021 6:05 PM
nikafizan % vaccination goes to north but why the share price left behind ... hurmm
06/09/2021 1:40 PM
Mirage2000E Once business sectors opened for sure all steel stocks up first instead of other industry as demands for steel high.
06/09/2021 9:06 PM
djibaok otb the best
07/09/2021 11:06 AM
mfbs Rubbish company
13/09/2021 5:08 PM
LuckyBertuah Melewar QR not bad..it huge increase in inventories...price should not drop so much....weird
15/09/2021 9:59 AM
Hui_k_c Can some sifu comment why melewar keep dropping as compare to hiap tek or ays.
16/09/2021 2:22 PM
LuckyBertuah I think bcoz latest QR reported revenue & profit drop so much.Also lockdown on june to august.However, even latest QR not give nice figure on revenue & profit, BUT check how they manage their liabilities.decrease in liabilities & the liabilities can vanish if inventories not increase so much.the increase in inventories might due to lockdown..hope sifu in FA can correct me if im wrong.
16/09/2021 7:33 PM
wesleylwl management prospects pessimistic compared to others, also all their operation in selangor so they affected by lockdown alot.
17/09/2021 3:11 AM
wesleylwl but fundamentally speaking should be still good
17/09/2021 3:11 AM
LuckyBertuah I cut 1st....standby for low entry
20/09/2021 9:57 PM
moneytr33 haih.. melewar, so quiet
01/10/2021 2:55 PM
Beltland Govt imposes anti-dumping duties for 5 years on cold-rolled steel from China, S. Korea, Vietnam. Rates set are between 7.42% and 42.08%, ... Bernama .com news. 15 oct 2021


Good news ! Monday up !!
16/10/2021 9:38 PM
mfbs Hahahah... Never go up. Rubbish company...hahaha
18/10/2021 6:49 PM
Beltland Be patience ! Sure will go up .
18/10/2021 9:15 PM
mfbs Useless counter
21/10/2021 7:55 PM
Wyko you must have lost a lot of money then
22/10/2021 11:09 PM
LubeTrader There doesn't seem to be any resolution about dividend.
29/10/2021 9:31 AM
ase133 good news for Melewar, changeable income below 100m. not windfall tax
01/11/2021 10:08 AM
icon2021 0.30 could be anytime soon... TAYOR...
05/11/2021 10:53 AM
Massimo Anyone still hold melewar ? I bought at 550,450… really upset
05/11/2021 10:58 AM
Seven77 Melewar wb more cheap 0.16 good opportunity to buy. Sure rebound
05/11/2021 5:03 PM
imvu beli annjoo 2.110 atau masteel-wb (baru lahir) 0.130 atau melewar-wb 0.145 ? yang mana akan untung besar kalau rebound nanti ?
10/11/2021 8:16 PM
SinbaLion consider not bad for the latest QR... 6 weeks lock down and 60% capacity but revenue only dropped by 4%
25/11/2021 5:57 PM
cckiong profit continously dropping for the previous quarter. lose quite a lot as I was conned to buy at .54. sigh
25/11/2021 7:14 PM
moneytr33 Cckiong, hopefully melewar will bounce back soon. I stucked at high floor too
26/11/2021 9:17 AM


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