Highlights
KLSE: PRESTAR (9873)       PRESTAR RESOURCES BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.55   -0.025 (4.35%)  0.55 - 0.58  117,900
Trade this stock for as low as 0.05% brokerage. Find out more.

Overview

Market Cap: 107 Million
NOSH: 195 Million
Avg Volume (4 weeks):133,088
4 Weeks Range:0.55 - 0.675
4 Weeks Price Volatility (%):
0.00%
52 Weeks Range:0.50 - 0.93
52 Weeks Price Volatility (%):
11.63%
Average Price Target: 1.19
Price Target Upside/Downside: +0.64
Stamp duty exempted for year 2019

Financial Highlight

Latest Quarter | Ann. Date 31-Dec-2018 [#4]  |  27-Feb-2019
Next QR | Est. Ann. Date: 31-Mar-2019  |  23-May-2019
T4Q P/E | EY: 8.51  |  11.76%
T4Q DY | Payout %: 2.62%  |  23.32%
T4Q NAPS | P/NAPS: 1.3761  |  0.40
T4Q NP Margin | ROE: 2.52%  |  4.47%

Headlines

Date Subject
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
07-Nov-2018 Prestariang - Ceasing Coverage

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.
 
zhangliang ECRL aside, the anti dumping duty of 16% imposed on Vietnam and china flat roll steel + unlocking of value of Tashin Steel via listing being approved by shareholdersss, surely share can move upwardsss. Let’s see 75 sens first!
21/03/2019 11:29 PM
calvintaneng Calvin Sifu,

What do you think of this latest development to our counter?

https://www.theedgemarkets.com/article/govt-takes-over-pan-borneo-high...

Looking forward to hear your comments..

VERY GOOD

LGE MINISTER OF FINANCE WILL BE A GOOD PAY MASTER IF HE BUYS GUARDRAILS FROM PRESTAR!
21/03/2019 11:38 PM
zhangliang collect on market broad based weakness
22/03/2019 10:30 AM
calvintaneng Collect?

You are chun chun
22/03/2019 4:17 PM
calvintaneng VELESTO CLOSED UP TODAY

AZRB ALSO UP

TALAM CLOSED UNCHANGED

TALAM SHALL GO UP AS ECRL DECISION APPROACHES NEARER!!

KEEP STRONG!!!

FOR PRESTAR IT IS NOW OVERSOLD

WHOEVER BOUGHT TODAY ON WEAKNESS WILL BE THE HAPPIEST LATER!!
22/03/2019 5:05 PM
Tim2812 Twinkle twinkle Little Star pls transform to super star!!
25/03/2019 1:18 PM
calvintaneng Super star?

Sure one!!
25/03/2019 6:04 PM
calvintaneng ECRL (EAST COAST RAIL LINK) GUARDRAILS/WHEEL BARROWS OF PRESTAR WILL DO WELL, Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/199507.jsp
25/03/2019 10:14 PM
Tim2812 Gambateh I m also on the railways nw!!!
26/03/2019 12:23 AM
ivan9511 @calvin . Hi mr calvin
Prestar get money fron new ipo but need to pay debt . I dun see any good of prestar . Got debts not a healthy cashflow.
Why not just buy Jcy which is net cash and future better than prestar
26/03/2019 3:04 PM
calvintaneng Ivan9511

Prestar debt is backed by Investment Assets


See i3 investors write up on Prestar

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


Business Background
(((Prestar Resources Bhd is principally engaged in the business of renting out properties and investment holding)))

i3 Forum Admin compiled the above on Prestar
26/03/2019 3:56 PM
calvintaneng (van9511

Prestar debt is backed by Investment Assets


See i3 investors write up on Prestar

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


Business Background
(((Prestar Resources Bhd is principally engaged in the business of renting out properties and investment holding)))

i3 Forum Admin compiled the above on Prestar


Check this out

https://klse.i3investor.com/servlets/stk/9873.jsp
26/03/2019 3:58 PM
ivan9511 @ Posted by calvintaneng > Mar 26, 2019 3:56 PM | Report Abuse

Ivan9511

Prestar debt is backed by Investment Assets
Thanks mr calvin . I also agreed prestar now at a cheap price.
But mr calvin are you awake your another baby whitehorse now at lowest price.
And can ask are you still agreed buy whitehorse?
26/03/2019 4:55 PM
ivan9511 Whitehorse now 1.07 .
Why mr calvin not said undervalued .
Actually I am feel attractive at 1.07 but I see you stop talking about whitehorse so can ask is that mean you run away from whitehorse or keep sapu quietly ?
26/03/2019 4:57 PM
Tim2812 No volume how to jalan?
26/03/2019 7:03 PM
Tim2812 We r on the boat let's go for the treasure journey.
26/03/2019 11:26 PM
calvintaneng Don't hesitate. Don't wait

Everyday is nearer to Ecrl signing

688 km of ecrl
325 km of Central spine road
2000 over km of pan Borneo highway
3000 over km of trans kalimantan highway
Wce highway
Desaru to Pengerang highway

Many many more highways

AND daily maintainence of Plus Highway and others that need replacement guardrails due to accident, theft or wear and tear

Prestar... The super shining star

Chun chun on Target

RM1. 00 first
Then RM1. 30 to Rm1. 50
27/03/2019 10:03 AM
calvintaneng Ivan9511

Whitehorse is good

BUT Now property downturn plus import tiles from Thailand has impacted whitehorse

So domestic retail business like whitehorse affected

For Prestar it does not depend on consumers

Prestar depends on Govt infrar jobs

ECRL is Govt job
Pan Borneo highway already Govt job as well as Central Spine road and Trans Kalimantan highway

AND Govt got fresh Revenue from Petronas now got money to pay

So go for Prestar
27/03/2019 10:07 AM
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


 

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