KLSE: PRESTAR (9873)       PRESTAR RESOURCES BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
1.23   -0.05 (3.91%)  1.23 - 1.30  4,693,600
Trade this stock and receive a FREE I3investor T-shirt after 5 trades. Find out more.


Market Cap: 277 Million
NOSH: 225 Million
Avg Volume (4 weeks):5,157,105
4 Weeks Range:0.965 - 1.30
4 Weeks Price Volatility (%):
52 Weeks Range:0.34 - 1.53
52 Weeks Price Volatility (%):
Average Price Target: 1.19
Price Target Upside/Downside: -0.04
Stamp duty exempted for year 2021

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2021 [#1]  |  05-May-2021
Next QR | Est. Ann. Date: 30-Jun-2021  |  26-Aug-2021
T4Q P/E | EY: 7.60  |  13.16%
T4Q DY | Payout %: 1.40%  |  10.65%
T4Q NAPS | P/NAPS: 1.4308  |  0.86
T4Q NP Margin | ROE: 7.98%  |  11.31%


Date Subject
11-Jun-2021 PublicInvest Research Headlines - 11 Jun 2021
11-Jun-2021 Mplus Market Pulse - 11 Jun 2021
04-Jun-2021 Daily technical highlights – (FRONTKN, PRESTAR)
22-May-2021 鸿达资源反弹上挑RM1.18/敏源
06-May-2021 PublicInvest Research Headlines - 6 May 2021
06-May-2021 Mplus Market Pulse - 6 May 2021
09-Apr-2021 鸿达资源迈向RM1.26/敏源
25-Feb-2021 Mplus Market Pulse - 25 Feb 2021
23-Feb-2021 Trading Stocks - Prestar Resources
21-Oct-2020 Technical Buy - PRESTAR (9873)
02-Jul-2020 PublicInvest Research Headlines - 2 Jul 2020

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

  8 people like this.
calvintaneng Dob't rule out Palm oil

Prestar sells guard rails to pan borneo highway

CMSB shares now in trouble maybe cannot get payment from contractors due to high still prices causing insolvency

Prestar might later face bad debt

Why didn't you buy Prestar at 43 sen? Now only chase so high?

So be careful now
See https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-07-06-story-h1509770267-PRESTAR_9873_Or_Pre_Star_Buy_Before_it_Turns_into_A_STAR_Calvin_Tan_Res.jsp



10/05/2021 1:06 PM
stockraider Yes switch to palmoil much better & much cheaper loh!
10/05/2021 1:10 PM
Invest_888 Share price will drop definitely if earning drops. Prestar earning esp EPS become higher and higher for 4 quarters. Latest financial quarterly result, the EPS is 9.42cent. According to Prestar release news, Prestar prospect is remain positive and satisfactory.
10/05/2021 4:15 PM
soon9913 if earn so much why called for private placement....
10/05/2021 10:59 PM
soon9913 earning not able to convert to cash?
10/05/2021 10:59 PM
Rocket2moon Will ironman soar next week?
14/05/2021 8:44 PM
Invest_888 Bought PRESTAR @ RM1.14.

SOLD Tomei, got some fund to buy PRESTAR & LBALUM.

I confindently think it was panic selling. PRESTAR still earns a lot money and all the countries need basic material like aluminium/steel/coppper to develop their economy. Infrastructure is always the first one to rebuild the country.
17/05/2021 12:06 PM
zerocool7199 Beware for the cycle stock
17/05/2021 12:08 PM
Invest_888 China goverment wants to control the steel prices so as it is not going to the sky limit that hurt the infrastructure cost badly. As a result, disallows abnormal goreng-goreng trading activity. In consequence the steel prices just goes down 1-2% these few days. China & US need tremendous amount of steel/aluminum/coppper to develop their infrastructure. It is same for the most of the other countries need these metals to develop their countries. At least in 3 years, metals are in high demands.

China steel price as below link:

17/05/2021 12:41 PM
Invest_888 Metal markets like Aluminum, steel, copper, etc are extremely good in comparison with 3 months ago. Plenty of existing projects and upcoming projects as well. Profit margins are strong uptrend. US under Biden, China belt and road projects, need a lot of metals. If no money, Biden tells you that he got world wide recognized printing machine.
18/05/2021 10:56 AM
gohuat888 buy buy buy la besok boleh jual gogogogogogo
18/05/2021 4:53 PM
Invest_888 Super undervalued now, Prestar.

Prestar earning, EPS become higher and higher for 4 quarters. Latest financial quarterly result, the EPS is 9.42cent. According to Prestar release news, Prestar prospect is remain positive and satisfactory.
20/05/2021 3:30 PM
Luckyboy88 Chip in, 50k share @ 1.010 today. Not sure price can hold. Not expecting immediate reversal, just hope it holds.

2nd batch target 0.8

3rd 0.650
21/05/2021 12:21 AM
Invest_888 PRESTAR is super undervalued... time to earn YOUR money!!!
21/05/2021 11:03 AM
Luckyboy88 China's steel rebounding strong
21/05/2021 11:05 AM
Invest_888 I think most factories are allowed to open even stricter MCO is implemented. Wait for today MCO announcemnt.
21/05/2021 11:50 AM
Invest_888 Steel stocks share goes up, factories should be allowed to open.
21/05/2021 11:52 AM
Max Yong If can't hold just cut lost and let us buy cheaper price. If you can't understand about Decarbonisation from China. You won't know why you are buying steel. Don't ever compare 2017 surge and fall as that round was only short term rally. Compare current macro situation, its totally different.
21/05/2021 3:57 PM
Luckyboy88 Max yong, I guess we r at same page. Steels r bulky and very important materials for ship building, automotive, construction.

All economy power house r major steel producers. China is far leading in term of capacities with India, EU, US, Korea and Japan.
This countries so call advance nation have deep concerns about climate change.

Steel production is very polluted yet cheap and effective. Malaysia actually not self sufficient in steel manufacturing.

Its a wise thought to initiate a steel blue print in our country, so than we could be self sufficient and advanced a step further to export.

Developed nation would not mine paying if we can meet the quota with promising quality, pricing and time. Sort of outsourcing to us. I know it bad in environmental but poor nation money come 1st.

A strong steel source will spur many secondary industry blooming.

I'm sure u hear about Tangshan city sky story.

21/05/2021 7:13 PM
Moolala https://www.klsescreener.com/v2/news/view/831267/steel-steals-the-limelight
22/05/2021 12:14 PM
Turnaround next 'chubby'?
24/05/2021 9:26 AM
Invest_888 Prestar goes up steadily due to fantastic earning of latest quarterly financial result and steel/Aluminium/copper business in high demand at least until 2023.
24/05/2021 9:32 AM
ztzeal all steel counter make revearsal?
24/05/2021 9:34 AM
Turnaround Chubby limited up, prestar gogogo
24/05/2021 9:45 AM
gohuat888 gogogogoogogooogog prestar super star haut ar rrrr choobeeee limit up gogogoogogogogogoogogoogogog stellelelel [pricee e highghhghhghghghg
24/05/2021 10:20 AM
gohuat888 stelellele price sallalal the wayayya upupupupupupup
24/05/2021 10:20 AM
gohuat888 haurta r r ra r ar88888
24/05/2021 10:20 AM
gohuat888 gogogoogoog 1.33333333
24/05/2021 10:21 AM
ztzeal no need LU. slowly up also oke. this is not goreng counter. FA also good.
24/05/2021 10:29 AM
Luckyboy88 I had nicely position my fund, beiow are the break down proportion relatively to fund size :

1) Lsteel - medium size / qr result out, excellent, share price moving responsive

2) Prestar - medium size / qr out, excellent, share price charging up strong after panic corrections.

3) LB - Large / qr SOON, predict 18-20m net profit, price improving slightly

4) AYS - XL / QR SOON, predict > 100% compare last qr, price moving slowly

5) MELEWAR - XL / Soon, explosive results, moving fast

6) KUB - XL / qr soon, jaw dropping, low activity, very good price 4 collection.


will share why this time I put great emphasis in ays and MELEWAR after results out.

24/05/2021 10:36 AM
gohuat888 wowowowowo gogoogogogogogo haut arrrrrrrrrrrrrrrr allll kikikikikiki 1.3 gpooooooooo
24/05/2021 10:53 AM
gohuat888 fast afast up later labour laws hit fast fast up firsttttt
24/05/2021 10:54 AM
gohuat888 gogogogoogoogogo wowowoowwwwwwww
24/05/2021 10:54 AM
gohuat888 folo choobeeee pergiiiiiiiiiiiiiiiiiiiiii limiupppppppppp
24/05/2021 10:54 AM
skyjet SSTEEL and CSCSTEL just announce very good quarter result. Tomorrow all steel stock big up.
26/05/2021 10:08 PM
Invest_888 Khairy: Malaysia to get nearly 16 million more doses of Covid-19 vaccines by July; to give 150,000 jabs a day from June

16 million more doses of Covid-19 vaccines by July


Glove stocks will fall definitely, glove buyers will move their money to steel/aluminum/copper/gold stocks, especially the one with very good profit.
28/05/2021 11:13 AM
Invest_888 https://www.investing.com/commodities/ncdex-steel-futures

steel prices rebounce.

FMCO allows construction to continue. Steel stocks with record earning can handle this FMCO, share prices won't drop significantly.
31/05/2021 8:39 AM
210635chg With only 10% of the workers allowed, production should be less. The next Q results would be lower in profit. Would this be a reasonable assumption?
01/06/2021 8:06 PM
LLB2021 https://wap.business-standard.com/article/markets/steel-stocks-rally-on-possible-price-hike-sail-tops-with-4-6-spike-121053100972_1.html
03/06/2021 6:26 AM
Michael Kwok Can buy in the range of 90-110 cent range next few day after the date.Technically not KYY first to recoomend steel shared but me.Late Feb-end March.It reach the target on Mei.See the chart u all know.

Posted by Michael Kwok > Feb 24, 2021 9:09 PM | Report Abuse X

TP will be rm 1.40-rm 1.50.Ong had mari

Posted by kmwong8711 > Feb 24, 2021 9:58 PM | Report Abuse


Really 1.40
06/06/2021 5:17 PM
ccs999 https://www.klsescreener.com/v2/announcements/view/3374415
10/06/2021 7:07 PM
Luckyboy88 Yeah! Mention that conpany going to reward shareholders with bonus shares. Its materialise.

Bonus issue 3 : 5
10/06/2021 10:01 PM
Luckyboy88 How come I know : from experienced.

1) buy into Mycron @ 0.285 small positions ( to date nill)
2) AYS - Few times successful trades
3) Leonfb @ 0.4 small positions - nill now
4) Prestar @ 0.455 seriously position where I mostly sell off at rm1 which I deeply regreted. Now holding less than initial 15%

For prestar, I forsee a good chance for bonus issues soon.

5) Lbalum ( aluminium) @ 0.590 seriously position. 50% holding to date

Due to limited fund, the above are the only companies I had enter with satisfactory return.
29/04/2021 12:11 AM
10/06/2021 10:17 PM
gladiator Bonus issue 3 for 5 third quarter after MCO sure rally lo..
11/06/2021 12:57 AM
Invest_888 Prestar price should higher than Astino bcs of higher earning, NTA,

More importantly, FREE additional 60% shares for PRESTAR holder.
11/06/2021 9:21 AM
Luckyboy88 Dun worry, after ex=bonus moves like KOBAY.
11/06/2021 11:14 AM
fms016 Now overbought
11/06/2021 11:44 PM
OTB Posted by Sslee > Jun 13, 2021 6:26 PM | Report Abuse

U.S. President Joe Biden and other G7 leaders hope their plan, known as the Build Back Better World (B3W) initiative, will provide a transparent infrastructure partnership to help narrow the $40 trillion needed by developing nations by 2035, the White House said.

So all building material price will increase so are many commodities price due to every country printing more money.
14/06/2021 8:47 AM
fms016 Prestar or Lbalum better??
14/06/2021 10:06 AM
LouisLim Prestar and LBalum also very good. Prestar will bonus issue soon.
14/06/2021 5:06 PM

I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Earn MQ Points while trading with MQ Traders Group
MQ Affiliate
Earn side income from MQ Affiliate Program

488  382  566 

Top 10 Active Counters
 SERBADK 0.745+0.14 
 SERBADK-WA 0.125+0.04 
 KNM 0.205+0.025 
 TANCO 0.150.00 
 VIZIONE 0.20+0.005 
 MTOUCHE 0.0850.00 
 DNEX 0.865+0.005 
 PWORTH 0.015-0.005 
 SCIB 0.88+0.095 
 KPOWER 1.18+0.14 


1. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!