KLSE: LEONFB (5232)       LEON FUAT BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.94   -0.015 (1.57%)  0.935 - 0.955  576,100
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Market Cap: 321 Million
NOSH: 341 Million
Avg Volume (4 weeks):2,962,994
4 Weeks Range:0.905 - 1.19
4 Weeks Price Volatility (%):
52 Weeks Range:0.29 - 1.31
52 Weeks Price Volatility (%):
Average Price Target: 0.44
Price Target Upside/Downside: -0.50
Stamp duty exempted for year 2021

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2021 [#2]  |  09-Sep-2021
Next QR | Est. Ann. Date: 30-Sep-2021  |  26-Nov-2021
T4Q P/E | EY: 3.44  |  29.04%
T4Q DY | Payout %: 0.02%  |  0.07%
T4Q NAPS | P/NAPS: 1.3221  |  0.71
T4Q NP Margin | ROE: 12.26%  |  20.65%


Date Subject
10-Sep-2021 PublicInvest Research Headlines - 10 Sept 2021
10-Sep-2021 Mplus Market Pulse - 10 Sept 2021
02-Sep-2021 Trading Stocks - Leon Fuat
10-Aug-2021 Profit Growth Prospect of Hiap Teck and Leon Fuat - Koon Yew Yin
08-Aug-2021 Price Charts do not lie - Koon Yew Yin
02-Aug-2021 PublicInvest Research Headlines - 2 Aug 2021
02-Aug-2021 Mplus Market Pulse - 2 Aug 2021
19-Jul-2021 When will I start to buy back stocks? Koon Yew Yin
13-Jul-2021 How does MCO affect steel industry? Koon Yew Yin
05-Jul-2021 Leon Fuat is best steel stock to buy? Koon Yew Yin
01-Jul-2021 Investors in dilemma - Koon Yew Yin
27-Jun-2021 All Steel Companies will report better profit - Koon Yew Yin
25-Jun-2021 A rare buying opportunity for investors - Koon Yew Yin
24-Jun-2021 Leon Fuat is on fire sale - Koon Yew Yin
12-Jun-2021 Why steel stocks are good investment? Koon Yew Yin
08-Jun-2021 LEONFB (5232) - “The most under-valued stock on bursa”
05-Jun-2021 Leon Fuat is the most under-valued stock in Malaysia - Koon Yew Yin
04-Jun-2021 Trading Stocks - Leon Fuat
31-May-2021 Mplus Market Pulse - 31 May 2021
18-May-2021 Aluminium and Steel prices are rising - Koon Yew Yin

Business Background

Leon Fuat Bhd is engaged in the provision of management services through its subsidiaries. It operates through three segments: Trading of Steel Products, Processing of Steel Products, and Others. It mainly involves in the buying and selling of flat and long steel products and also offers value-added services to flat and long steel products in the form of cutting, leveling, shearing, profiling, bending, and finishing as well as production of expanded metal and Other segment includes steel materials such as tool steel and non-ferrous metal products such as bronze, brass, aluminum, and copper. It operates in two geographical areas; Malaysia and Republic of Singapore. The majority of the company's revenue is derived from the Trading of Steel Products and Processing of Steel Products.
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  5 people like this.
Bgt 9963 Post removed. Why?
30/07/2021 8:54 AM
Bgt 9963 Post removed. Why?
31/07/2021 9:11 AM
apple168 https://m.youtube.com/watch?v=p3G6_E5r_4s
31/07/2021 12:22 PM
bulldog Accumulation in progress

Huat chaiii
02/08/2021 8:30 AM
YOLOorLOL hahahahah, the boss wont di e ......see how much his earn 1 million plus plus , excluding dividend
only ikan bilis di e , even this company is so stingy
03/08/2021 8:07 PM
Bgt 9963 Post removed. Why?
03/08/2021 9:24 PM
Will76 RM0.75 by Sep 2021
11/08/2021 12:48 PM
Jerichomy Haha mati katak
12/08/2021 1:31 PM
Bgt 9963 Post removed. Why?
12/08/2021 4:43 PM
Invest_888 Leonfb starts to move up.
18/08/2021 11:58 AM
Hansonjj https://www.nst.com.my/business/2021/08/720341/leon-fuat-upbeat-about-steel-industry
23/08/2021 6:04 PM
Hansonjj Things are looking promising for Leon Fuat!
23/08/2021 6:04 PM
LouisLim steel price big up today
24/08/2021 10:33 AM
LouisLim Steel price still up today.
25/08/2021 11:30 AM
The speculators The speculators I think leonfb will begood
28/08/2021 1:42 PM
joehoong93 Result will be out later?

PAT 45m?
30/08/2021 3:35 PM
suasuake How come result still not yet out?
30/08/2021 8:18 PM
30/08/2021 9:08 PM
007007 https://ihsmarkit.com/solutions/steel-forecast.html
31/08/2021 1:01 PM
007007 If industry research house ihsmarkit.com forecasts steel prices to drop sharply in Q3 and Q4 2021, how can share prices of steel companies go up further ?
31/08/2021 4:09 PM
Invest_888 More and more funds buy steel stocks. Good earning steel counters are normally with high percentage in export business esp high steel demand from China.
01/09/2021 7:53 PM
LouisLim Steel price big up today
03/09/2021 9:05 AM
Invest_888 Leonfb revenue were increased for 4 consecutive quarters. I do believe its latest revenue will increase this time. In comparison to the other steel counters, most steel counters revenue is at least drop for 1 quarters over latest 4 quarters. If this logic is correct, Leonfb latest financial result will be fantastic since steel profit margin is still maintaining at good level.
03/09/2021 11:06 AM
LouisLim China steel price another big up today. Buy and hold to win big.
06/09/2021 1:49 PM
LouisLim Steel price up again today. Up 1.8% today.
07/09/2021 9:07 AM
Surewin168 crazy bull.....
08/09/2021 9:04 AM
LouisLim Steel price big up today. Up 3% today.
09/09/2021 11:37 AM
LouisLim Steel price big big up now. Up 4.5% today.
09/09/2021 1:35 PM
VincentTang China steel price explode now. All in steel stocks.
09/09/2021 2:09 PM
Invest_888 Time to buy Low now due to higher and higher steel price esp in China.
09/09/2021 2:43 PM
samwise7890 Great! Considering only 2 months, excluding June lockdown. Assuming business is booming, EPS 9.76/2 x3 = 14.64 sen
09/09/2021 5:38 PM
Gley yes
09/09/2021 6:30 PM
joehoong93 Wow, believe closure one month still can have such profit.
Any new TP?
09/09/2021 6:41 PM
happy123 Meaning EPS per year is 60sens, PE 2, so this stock easily worth rm5
09/09/2021 7:20 PM
ipohwhitecoffee For me; conservative calculation. Annualized EPS 40 sen.

Assign meagre P/E of 5 = RM2.00
09/09/2021 8:44 PM
Invest_888 The latest EPS is 9.76cents even with MCOs.

Actually, the profit before tax is even slightly higher than previous quarter. Profit before tax for the current quarter is RM42.573 million and the previous quarter was RM42,525 million. But the profit after tax for this quarter is higher than other quarters as mentioned by the Leonfb as such:

The effective tax rate for the current quarter is slightly higher than the statutory tax rate of 24% mainly
due to absence of unabsorbed reinvestment allowance brought forward from prior financial years for
deducting against statutory business income for the current quarter of a subsidiary company as it had
been fully absorbed in the immediate preceding quarter.
09/09/2021 9:27 PM
Luckyboy88 Congratulations guys!!
09/09/2021 9:43 PM
Invest_888 Leonfb comments on business & factory expansion:

Our business operations mainly comprise trading and processing of a diverse range of flat and long steel products. Our processing facilities which include an extensive range of cutting, levelling, shearing profiling, bending and finishing are cater for specific product requirements of our large customer base from diverse industries and to provide a one-stop solution to potential customers. The cutting and profiling facilities include a fiber laser cutting machine complete with automated loading and unloading facilities for inputs and outputs with overall processing speed of up to 5 times more than conventional laser cutting machines.

In addition, our Group also has downstream manufacturing facilities for production of welded steel pipes of which Phase 1 of the facilities with 2 production lines are in full swing since the second half of 2019. Another two (2) production lines are expected to be added in the second half of this year while Phase 2 of the facilities is currently at development stages and is expected to be fully commissioned in the second half of 2023.
09/09/2021 10:09 PM
Target1 HUAT $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
10/09/2021 7:17 AM
Invest_888 All steel stocks are expecting to earn more profit due to high and steady steel price. As long as the share price is no more than forward PE of 10.
10/09/2021 8:59 AM
LouisLim China steel price still up today, break 5700. Now 5712.
10/09/2021 10:17 AM
NoviceJ LF report Q2 Q1

Revenue 184,783 211,479
PBT 42,573 42,525
Tax -10,458 -6,415
NP 32,115 36,110
Tax Rate 24.56 % 15.09 % -

1) if we look closer at the report, company actually make more profit from lower sales(shutdown during MCO) profitability increase from 20% to 23%

2)but actual profit was reduce due to higher tax bracket 24.56% vs 15.09%

3)Company will add 2 more line in the 2nd half(Revenue will increase)

But base on KYY latest comment the reduced profit of 16% will cause the share price to go south
10/09/2021 6:13 PM
AlwaysLearn2Invest If not due to the increase tax rate from 15.09% to 24.56%, the latest Leonfb EPS should be around 11.5 which is quite similar to the last Qtr's EPS. So KYY's figure which says the profit reduced by 16 % without mentioning the new tax figure is very unfair and misleading in the comparison
10/09/2021 7:43 PM
zanbini Serious epidemic

I sell first
14/09/2021 3:29 PM
NoviceJ If it's pandemic to epidemic now we should be rejoicing instead of rushing out of the gate ????
14/09/2021 10:30 PM
VincentTang Steel price start drop some.
15/09/2021 2:38 PM
Keeheong1960 Luckily I buy one lot if I buy ten lots I will become snake
20/09/2021 11:03 AM
Keeheong1960 Why the price dropped without stopping
20/09/2021 11:04 AM
LubeTrader Quote: HONG KONG, Sept 20 (Reuters) - Growing fears of China Evergrande defaulting rattled global markets on Monday as investors worried about the potential impact on the wider economy dumped Chinese property stocks and sought refuge in safe-haven assets.

I see you dump, I also dump. Somebody else see me dump, he also dump. Chain reaction until oversold position.
21/09/2021 10:57 AM
LubeTrader I admit I was chicken shit. Should have bought more yesterday. Was betting it would drop below 90 sen today. Didn't happen. Maybe tomorrow perhaps?
21/09/2021 5:47 PM

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