Highlights
KLSE: PRESTAR (9873)       PRESTAR RESOURCES BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.42   +0.01 (2.44%)  0.415 - 0.42  12,000
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Overview

Market Cap: 86 Million
NOSH: 205 Million
Avg Volume (4 weeks):65,126
4 Weeks Range:0.41 - 0.445
4 Weeks Price Volatility (%):
28.57%
52 Weeks Range:0.40 - 0.785
52 Weeks Price Volatility (%):
5.19%
Average Price Target: 1.19
Price Target Upside/Downside: +0.77
Stamp duty exempted for year 2019

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2019 [#2]  |  28-Aug-2019
Next QR | Est. Ann. Date: 30-Sep-2019  |  27-Nov-2019
T4Q P/E | EY: 32.43  |  3.08%
T4Q DY | Payout %: 3.43%  |  110.83%
T4Q NAPS | P/NAPS: 1.3664  |  0.31
T4Q NP Margin | ROE: 1.38%  |  0.95%

Headlines

Date Subject
17-Jul-2019 Stocks on Radar - Prestar Resources (9873)
03-Jul-2019 Trading Stocks - Prestar Resources
28-Mar-2019 Trading Stocks - Prestar Resources
18-Mar-2019 鸿达子公司上市/万年船
11-Mar-2019 Trading Stocks - Prestar Resources
10-Mar-2019 上升股:鸿达资源阻力84仙
31-Dec-2018 Mplus Market Pulse - 31 Dec 2018
31-Dec-2018 PublicInvest Research Headlines - 31 Dec 2018

Business Background

Prestar Resources Bhd is principally engaged in the business of renting out properties and investment holding. The principal activities are mainly manufacturing of steel related products. The company has three reportable segments mainly: Investment, Trading, and Manufacturing. The firm focusses on manufacturing slitting and shearing of carbon and stainless-steel mother coils into slitted coils/ sheets for automotive, electrical and electronic, office, equipment, metal stamping industries, roll-forming of carbon steel pipes, stainless steel pipes and hollow sections, manufacturing of steel flat bars, steel purlins, wheelbarrows and platform hand trucks, steel shelving and pallet racking and other storage equipment and highway guardrails. The group operates in Malaysia.
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  7 people like this.
 
DAN84 haha.. start to jalan now... :)
27/03/2019 11:16 AM
LA777 Prestar is flying!!!!!!!!
27/03/2019 11:31 AM
KAQ4468 power calvin power
27/03/2019 11:35 AM
ivan9511 @
calvintaneng Ivan9511

wa Mr Calvin now is call what also can uppppp
vel
AZ all uppp
\is Calvin the new God of Bursa in the World
seem all he say uppppppppppp only Bpuri ada sikit slow
27/03/2019 1:41 PM
Tim2812 Ivan9511 MR Calvin do lots of research . Don't worries to much is the matter of time will show results soon.
27/03/2019 4:20 PM
ivan9511 Ya . Calvin is always generous to share everything .
Not a selfish investors
27/03/2019 6:35 PM
sandrakkc Superstar in the making
27/03/2019 7:14 PM
Newinvest_112 No more V power.. Prestar wake up
29/03/2019 12:40 PM
speedlikecy Need some news
29/03/2019 1:37 PM
zhangliang when ur news la? ECRLLL + 16% anti dumping dutyyy. Come on break 70 sens!!
01/04/2019 4:28 PM
Newinvest_112 On boat 0.69
01/04/2019 4:31 PM
Mabel Foreign net selling accelerated in Mar 2019. Foreign investors net sold MYR1.6b worth of Malaysian equities in Mar 2019. We believe that the foreign net sell was due to a combination of poor 4Q18 results season and a more “dovish” Bank Negara Malaysia implying that Malaysian economic growth will ease this year. Cumulative foreign net buy since early-2010 until end-Mar 2019 hit at a multi-year low of MYR1.4b.

Although local institutions were net buying to the tune of MYR1.4b in Mar 2019, the KLCI depreciated 3.8% MoM while the MidS Cap and Small Cap indices continued to climb by 1.6% MoM and 1.3% MoM respectively. This implies to us that local institutions were more interested in small to midsized market capitalization stocks than large ones

Apr 2019 likely to be light on news flow. Based on 29 Mar 2019’s market close, KLCI valuations are at 16.0x 12M forward PER (mean: 15.8x) and 1.70x trailing P/B (mean: 1.81x). There will be no BNM Monetary Policy Committee meeting and GDP announcement this month. The sole key domestic lookout this month is the 2nd Belt & Road Summit in Beijing, China from 25-27 Apr 2019 where Malaysia and China are expected to conclude on the East Coast Rail Link.
02/04/2019 10:30 AM
Tim2812 What happen super 3 star nw like 2 starwars?
03/04/2019 3:53 PM
Mabel All ECRL counters it's up an running.

Does anyone know why PreStar is still warming up?
05/04/2019 9:49 AM
DAN84 maybe calvin can give us some info about why is it so?
05/04/2019 11:03 AM
Newinvest_112 Prestar is sleeping. Perhaps there are banker look at this GEM
05/04/2019 5:32 PM
DAN84 Which banker?
06/04/2019 12:00 PM
Newinvest_112 https://www.sinchew.com.my/pad/con/content_2034171.html
06/04/2019 4:13 PM
speedlikecy wake up wake up
10/04/2019 12:41 PM
speedlikecy Steel Comebacks ? [ Technical Analysis ] – J4 Investment Capital
https://klse.i3investor.com/blogs/j4investmentcapital/201834.jsp

slowly got more ppl cover prestar.
10/04/2019 9:17 PM
vcheekeong prestar guard rail jobs for ecrl?
14/04/2019 3:41 PM
ttluck @calvin where are you??? why prestar keep dropping?can advise?
18/04/2019 1:41 PM
Audi90 Aiyo prestar...
18/04/2019 1:45 PM
calvintaneng TT luck

Prestar is good longer term

Now whole market down due to

1) T3 to T2 on April 29 will sap liquidity so bad for contra plays

2) May is w weak month

3) Recent fire in Rapid Pengerang dampen leader OnG stock

So if buy cannot contra, must pick up & hold

If uncertain Keep Cash & watch first
18/04/2019 1:49 PM
lky94 @calvintaneng what is the tp for this counter
25/04/2019 8:41 PM
calvintaneng See if it can cross 80 sen first
25/04/2019 9:49 PM
DAN84 @calvintaneng, any news abt the guard rail fr ecrl?
25/04/2019 11:53 PM
lky94 should i chop it i buy at 0.67?now keep drop like never end
02/05/2019 9:30 PM
Newinvest_112 Sell before big drop
03/05/2019 5:20 PM
Audi90 Keep dropping
07/05/2019 4:23 PM
Newinvest_112 @calvintaneng, Prestar have chance yo get cobtract from ERCL?
07/05/2019 8:05 PM
Mabel As for building material companies, if the project still largely involved elevated structures, steel companies such as Ann Joo Resources Bhd would be a key beneficiary, UOB Kay Hian said.

Otherwise, cement companies such as Lafarge Malaysia Bhd, YTL Cement Bhd and Hume Industries Bhd would benefit from sub-structure works, while other players such as Prestar Resources Bhd could benefit from guardrail works as it commands a 50% market share in the local guardrail business.


Read more at https://www.thestar.com.my/business/business-news/2019/02/22/construction-to-gain-from-ecrl-revival/#GvvWKWztAOEpAxb8.99
09/05/2019 1:41 PM
ttluck average down...
29/05/2019 5:50 PM
29/05/2019 6:30 PM
funitec you are right,some banks must do research on this star. it looks good! Long term.
02/06/2019 4:08 PM
wafryer i bought at 0.67 but sold at 0.52, feel no hope for this counter, good luck
07/06/2019 12:29 PM
wafryer i go for airasia
07/06/2019 12:29 PM
wesley_gold RESTRICTED OFFERING OF 17,449,600 NEW ORDINARY SHARES IN TASHIN HOLDINGS BERHAD ("TASHIN HOLDINGS") ("ISSUE SHARES") TO THE ENTITLED SHAREHOLDERS OF PRESTAR RESOURCES BERHAD ("PRESTAR") IN CONJUNCTION WITH THE LISTING OF TASHIN HOLDINGS ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("RESTRICTED OFFERING")

Anyone planning to buy Prestar ipo subsi - Tashin shares? found that it is quite profitable
09/06/2019 1:59 PM
value88 Tashin is a profitable business unit for Prestar. When Tashin is disposed and listed in ACE market, Prestar's group revenue will be much reduced, albeit Prestar can use the money raised from IPO to pare down its debt and reduce its finance cost.
I view the listing of Tashin is no good for Prestar as a whole..
19/06/2019 12:54 PM
wesley_gold haha i m sure u commented without look at Tashin IPO prospectus, just to correct u that Tashin is not considered being disposed by Prestar la... Prestar will still holding 34% in Tashin holdings (SPV that holding Tashin). Although there is reduction in shareholding percentage of 17% (from 51% to 34%), but Tashin still contribute profit to prestar just like POSCO-MKPC (prestar's another associate co)... don forget the another purpose of this listing is to unlock and crystallise the value of Prestar investment in Tashin, if u said Tashin is profitable business unit for Prestar (when Tashin's shares fly, same to Prestar).
23/06/2019 11:11 AM
Newinvest_112 Tashin IPO can buy?
03/07/2019 5:47 PM
Mabel Does anyone know if Tashin is making profits over the previous quarters?

Tashin is selling at 0.58
Prestar now is 0.56

Why should I buy Tashin when Prestar is selling at lower price?
04/07/2019 11:53 PM
Jimmy 123 浅谈PRESTAR 鸿达资源
PRESTAR起源于1984年,在1995年上市于大马创业板,并在2003年转至主要板。PRESTAR是由杜家【TOH】8兄弟姐妹共同创办,是典型的家族企业。创办初期,集团主要以五金进口商起家,继而分销至全马各地。
PRESTAR用多年时间打好根基、拓展人脉、较后以钢铁制造商的身份在市场站稳脚步。杜氏兄弟姐妹在过去的30年互相扶持,不但共享集团荣耀,更共同面对1998年亚洲金融危机及2008年经济衰退的困境。在创办的32年里,尽管历经风雨,PRESTAR依然屹立不倒。
目前,PRESTAR是家投资控股,旗下子公司业务主要分为钢铁加工及钢铁产品制造。它在大马设有两间厂房,分别位于万挠和槟城。基于越南的劳力成本及营运开销比大马低,PRESTAR在2008年把业务扩展至越南,并在当地设有厂房,以供应越南当地及海外市场的需求。
自1999年至今,PRESTAR在过去的18年持续每一年都派息,从未间断过,当中包括2008年的金融风暴。管理层的慷慨派息及回馈股东,确实令人敬佩。整体来说,集团每一年都可从业务上制造可观的现金流,显示出非常健康。因此,即便债务偏高,PRESTAR也能从容应付。
2019年8月1日PRESTAR将为子公司TASHIN 在创业板挂牌上市。然而,最近股价跌跌不休的PRESTAR, 这一天会否是PRESTAR的转捩点呢?
PRESTAR领导层将子公司TASHIN挂牌上市,释放部分股权,以便取回一些盈余,减轻其公司负债,不失为是个明智之举。
其实, 随着将来马来西亚经济好转, 希盟政府重启大型发展计划,从PRESTAR
道路防护栏(GUARDRAILS)50% 的市场占有率来看,PRESTAR将来还是会有一番作为的。
640公里的东海岸铁路(ECRL),
2000公里的婆罗洲大道(Pan Borneo Highway),
马来西亚半岛西海岸沿海大道 (WCE Highway),
Desaru to Pengerang Highway , 相信投资者都知道, 经营道路防护栏(GUARDRAILS)
生意的PRESTAR, 一定有份分一杯羹吧!
总结,PRESTAR是家非常低调的企业,没有投行、媒体或者报章追踪其发展和走势。
此文纯属分享,并非Buy call。一切股票交易,后果自负!
16/07/2019 2:52 PM
Jimmy 123 https://www.sinchew.com.my/content/2019-03/21/content_2025877.html
17/07/2019 6:06 AM
Newinvest_112 All in.. It is good time to invest, huge volume these few days
17/07/2019 8:51 PM
wesley_gold Waiting to boom
18/07/2019 12:16 PM
Newinvest_112 Boring stock.. Really no hope
24/07/2019 5:18 PM
ce0808 Tomorrow Tashin will be listed, hope no boring anymore
31/07/2019 11:29 AM
Mabel This is a cyclic counter. Tashin will face the same fate..

Bottom line.. Prestar ended green..

Selamat Hari Raya everyone..

For those that drive, drive safe..

As for me, since ECRL is not ready, I decided to use my AirAsia instead ... Now everyone can fly

Cheers everyone!
10/08/2019 8:11 AM
ttluck bought some to average down...hope it rebound after this trade war end....haiz...
27/08/2019 6:48 PM


 

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