Highlights
KLSE: PRESTAR (9873)       PRESTAR RESOURCES BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.57   -0.025 (4.20%)  0.57 - 0.585  49,100
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Overview

Market Cap: 112 Million
NOSH: 196 Million
Avg Volume (4 weeks):58,112
4 Weeks Range:0.56 - 0.595
4 Weeks Price Volatility (%):
28.57%
52 Weeks Range:0.50 - 1.11
52 Weeks Price Volatility (%):
11.48%
Average Price Target: 1.19
Price Target Upside/Downside: +0.62
Stamp duty exempted for year 2019

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2018 [#3]  |  27-Nov-2018
Next QR | Est. Ann. Date: 31-Dec-2018  |  27-Feb-2019
T4Q P/E | EY: 5.51  |  18.16%
T4Q DY | Payout %: 6.75%  |  38.77%
T4Q NAPS | P/NAPS: 1.3791  |  0.41
T4Q NP Margin | ROE: 3.16%  |  7.20%

Headlines

Date Subject
31-Dec-2018 Mplus Market Pulse - 31 Dec 2018
31-Dec-2018 PublicInvest Research Headlines - 31 Dec 2018
07-Nov-2018 Prestariang - Ceasing Coverage
18-Apr-2018 PublicInvest Research Headlines - 18 Apr 2018
06-Mar-2018 PublicInvest Research Headlines - 6 Mar 2018
06-Mar-2018 Mplus Market Pulse - 06 Mar 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.
Analyze this stock with MQ Trader system

  7 people like this.
 
mjlee from what i research. prestar consider as secondary steel manufacture. Which they need to get raw material from company such as annjoo, masteel and etc to produce their product. correct me if im wrong.
20/02/2018 15:36
GeniusTinker Prestar has Tashin Steel.
20/02/2018 16:49
mjlee most demanded steel is only applicable to steel bar. Tashin doesnt produce those tensile bar. only flat and rec bar. Tensile bar is main steel used on construction building
21/02/2018 06:52
hng33 Alrdy sold most prestar at 1.04-1.05 in last 2 trading day to refocus back on Annjoo again.
21/02/2018 07:50
hng33 Although prestar may declare higher dividend in coming q result, but, in turn of dividend yield, Annjoo remain as top pick among all steel stock.
21/02/2018 07:52
mjlee this stock has good fa. however, problem is demand might be unknown compare to those tensile bar
21/02/2018 09:24
hng33 sold off all balance prestar at 1.06-1.07, lock last batch of contra profit, swap all to annjoo
21/02/2018 11:39
SOPHIAS I think is a good buy. The PE is so low and breaking short term MA.
22/02/2018 16:34
Goldmann 3 cent dividend
27/02/2018 19:03
Chong 113 Happy with the result as it posted higher QoQ net profit, and slightly higher Eps than last quarter.
27/02/2018 23:43
value88 Prestar has been delivering decent EPS quarter after quarter, but it is still selling at low PE..
Anyone knows why ?
28/02/2018 01:19
irisjoo The result cld hv posted even higher profit if is not for the one-off esos expense of 3.5m.
28/02/2018 10:31
calvintaneng BOOSTER FOR TA & INSAS (PRESTAR OK BUT NOT CHEAP)


BETTER LOAD UP KAW KAW FOR THIS NEW THEMATIC PLAY

A NEW THEMATIC PLAY FOR STOCK BROKERING FIRMS GOING TO START SOON

ONCE ON FIRE - IT WILL SPREAD TO ALL TRADING HALLS OF ALL REMISIERS' FIRMS

THEN MEDIA

THEN ALL NEWSPAPERS

THEN EDGEDAILY & FOCUS MAG

NOW JUST BUY WHEN ALL ARE STILL SLEEPY & UNAWARE!

BY THE TIME MR MARKET WAKES UP!!

TOO LATE!!!

TIME TO BUY PRESTAR WAS 46 SEN
AFTER PRESTAR CROSSED RM1.30 TOO LATE TO CHASE

TIME TO BUY MASTEEL WAS 35 SEN.
AFTER MASTEEL CROSSED RM1.60.. TOO LATE TO BUY MASTEEL

TIME TO BUY JAKS WAS 40 SEN
AFTER JAKS CROSSED RM1.70?
ALL IN DANGER PLAYING WITH FIRE

NOW IS TIME TO BUY TA AT 66 SEN WITH NTA OVER RM1.50

ONCE TA CROSSES RM1.50?

MANY WILL HAPPILY CHASE IT

EDGEDAILY & FOCUS WILL START FOCUSING ON IT

"EXPERTS WILL ALL COME OUT"

BY THEN TOO LATE.. TOO LATE!!!

DO YOU GET IT???
28/02/2018 11:18
RJ87 @calvintaneng, you so confident with you assessment. Go take RM1Billion loan turn it into RM5Billion then repay the loan. With RM4 billion balance, Do this 5 times a year, you make RM20 billion out of nothing. You probably laugh at Jack Ma why he needs 15 years to be where he is now.

I think you train a parrot, it probably can do the same.
Tell me, who can't read from hindsight? *shakehead
01/03/2018 00:31
SOPHIAS I don't think NTA is a good indicator. It has quite however, an interesting PE benchmark against industry. But the EPS is deteriorating and earnings not stable along the years. Why do you think is a good bet? Any sharing?
06/03/2018 22:55
Goldmann Add more today, FA doesn't change. Persistent dividend with Good Fundamental.
07/03/2018 14:52
samhappy188 我看季報這期會發股息是不是啊?有人知道是什麼時候發嗎?因為我找不到相關資料。
10/03/2018 20:30
pareto_8020 The dividend payout still pending announcement to determine its entitlement date, perhaps during the coming AGM
10/03/2018 21:41
samhappy188 好的,謝謝你幫我解答
11/03/2018 08:10
calvintaneng For TA to move you must know this

Tony Tiah has been buying TA at first when it was cheap.

And then he switched to buying TAGB because it is also very cheap Price to Book Value

Once done buying both TA & TAGB will unlock Value & both will go up!

Last time Calvin told Johor Buddies to buy RceCap at 27.5 Sen when Calvin saw Datuk Hashim of AmBank buying RceCap.

As it turned out Chun Chun later RceCap gave a 7.5 Sen Cash Payout & merged 4 to 1 shares

So 27.5 sen - 7.5 sen = 20 sen

20 x 4 = 80 sen (after merger}

Then RceCap powered up to Rm1.60 (Up 100%) & Calvin told all to sell.

Only then Mr. Market took notice (too late!!) & chased RceCap to Rm1.90

After that RceCap retraced to below Rm1.40

SO WHEN VETERAN LIKE DATUK HASHIM & TONY TIAH ARE BUYING YOU LEARN TO BUY LIKE THEM WHEN MARKET IS DOWN & THINGS ARE QUIET LIKE NOW

ONCE TA & TAGB POWER UP YOU CAN EXPECT MR MARKET TO GO GAGA OVER TA JUST LIKE HE DID WITH RCECAP AT OVER RM1.60

IT WAS: IT HAS BEEN & IT WILL BE THE BEHAVIOR OF THE 80% MASSES

THEY ONLY TAKE NOTICE AFTER VALUE HAS EMERGED!!!

SMART MONEY TAKE POSITION "BEFORE" VALUE EMERGE!!

NOT "AFTER" VALUE HAS EMERGED!!!


HI GUYS!!

CALVIN TOLD ALL TO BUY PRESTAR AT 46 SEN & NOT CHASE IT AFTER RM1.20

SO TOO BAD. PRESTAR GONNA RETRACE

BEST BUY NOW IS TA AND TAGB
14/03/2018 23:55
hng33 bought back prestar at 90.5sen
23/03/2018 09:55
SOPHIAS Bought at 1 ++ :(
26/03/2018 15:55
LimKT me too
02/04/2018 11:40
Jordan Khoo me too
02/04/2018 11:58
hng33 recovering
10/04/2018 10:49
Jordan Khoo slowly and standby up
13/04/2018 16:13
LimKL1 me too
13/04/2018 16:53
PenguinDad prestar can go down to below 0.5 to previous low. high debt n volatile market with US
22/04/2018 09:36
PenguinDad still downtrend n haven't break trend line. estimate at least 0.75~0.70 before rebound.
22/04/2018 09:54
HorseyKL uptrend so quiet but when downtrend all pop out. lol
15/05/2018 11:36
Shernius All steel companies will trend up this week
21/05/2018 12:52
corboylee why they move so slowly
21/05/2018 19:03
henghuat888 Result is out
23/05/2018 19:20
SmallFish8 But if maintain like this for whole year dividend not an issue. Hahaha hope next quarter no gst will be good
23/05/2018 19:22
henghuat888 Anyone able share today agm outcome?
31/05/2018 13:34
calvintaneng Hi guys,

Calvin called for a sell on Prestar

Last time Prestar was 46 sen i issued buy call. Then Prestar up 200% to over Rm1.45 and i also told all not to chase.

Now Prestar already fallen back down to 86.5 sen

PRESTAR WILL CONTINUE TO FALL FOR THESE REASONS:

1. PRESTAR IS A CYCLICAL STOCK. IT WENT UP TO CROSS RM1.00 IN YEARS 2006 TO 2008 DURING 9MP. AFTER THAT IT CRASHED TO ABOUT 40 SEN

2. NOW GOVT IS CURBING HIGHWAY PROJECTS AND ALSO BUILDING PROJECTS.
SO PRESTAR GUARD RAILS AND WHEEL BARROW SALES WILL BE HIT.

3. PRESTAR INSIDERS HAVE STOPPED BUYING AND STARTED SELLING.
ONLY SBB(SHARE BUY BACK) FOR FAKE SUPPORT

4. USA RAISING TARIFF AGAINST STEEL IMPORT WILL HIT KOREA AS TOP NO. 3 EXPORTER OF STEEL TO USA.
PRESTAR'S INVESTMENT IN KOREA POSCO WILL ALSO BE IMPACTED

WITH SO MANY ILL FACTORS COMING PRESTAR'S WAY YOU BETTER SELL FAST.

ANY REBOUND IS AN OPPORTUNITY TO SELL AND GET OUT FAST

REGARDS
CALVIN TAN RESEARCH
23/06/2018 19:01
Leonardo12 Dear Calvin,
Do you know how many percentage posco export to US,mind enlighten?
25/06/2018 08:42
opustang Prestar…….offer new ipo to shareholders....collect quick
13/07/2018 11:59
Leonardo12 How u know, Mr. Opustang?
14/07/2018 20:27
highprofit Dow Jones U.S. Iron & Steel Index
DJUSST (INDEXDJX)
285.31Price decrease6.05 (2.08%)
2 Aug, 5:19 PM GMT-4 - Disclaimer
03/08/2018 08:44
xiaoji hope this time Mr. Toh not sell again..
04/08/2018 07:20
seekingalpha A 'head and shoulder' pattern appears. Seems like there will be a bullish reversal soon!
09/08/2018 20:13
calvintaneng Long steel news
https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/170930.jsp
24/08/2018 11:08
calvintaneng See this important post on Steel
https://klse.i3investor.com/blogs/invertinvestment/171650.jsp
01/09/2018 13:34
Roman Lee keep for long term
07/11/2018 10:36
bluemoon22 still got any hope for this counter?
15/11/2018 16:08
Invest33 http://www.bursamalaysia.com/market/listed-companies/company-announcements/6005281
17/12/2018 11:59
624298991 got free TASHIN share or not for existing prestar holder...
18/12/2018 22:57
calvintaneng Merry Christmas

He who fights and run away will always survive and fight again
25/12/2018 21:30
ivan9511 yes this steel and segmnent is the best finaly I wait you , yes easy money \ PRESTAR RESOURCES BHD

PRESTAR RESOURCES BHD PRESTAR RESOURCES BHD PRESTAR RESOURCES BHD PRESTAR RESOURCES BHD PRESTAR RESOURCES BHD PRESTAR RESOURCES BHD PRESTAR RESOURCES BHD PRESTAR RESOURCES BHD PRESTAR RESOURCES BHD PRESTAR RESOURCES BHD PRESTAR RESOURCES BHD PRESTAR RESOURCES BHD

ALl the best
10/01/2019 14:04


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