Highlights
KLSE: LEONFB (5232)       LEON FUAT BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.82   +0.03 (3.80%)  0.80 - 0.82  552,900
Trade this stock with up to 3 x trading limit. Find out more.

Financials


Market Cap: 280 Million

Market Cap 280 Million
NOSH 341 Million

Latest Audited Result:  31-Dec-2020

Latest Audited Result: 31-Dec-2020
Announcement Date 30-Apr-2021
Next Audited Result: 31-Dec-2021
Est. Ann. Date: 30-Apr-2022
Est. Ann. Due Date: 29-Jun-2022

Latest Quarter:  30-Sep-2021 [#3]

Latest Quarter: 30-Sep-2021 [#3]
Announcement Date 29-Nov-2021
Next Quarter: 31-Dec-2021
Est. Ann. Date: 24-Feb-2022
Est. Ann. Due Date: 01-Mar-2022
QoQ | YoY   20.40%  |    471.97%

Annual (Unaudited) ( EPS: 8.38, P/E: 9.79 )

Revenue | NP to SH 589,577  |  28,559
RPS | P/RPS 172.90 Cent  |  0.47
EPS | P/E | EY 8.38 Cent  |  9.79  |  10.21%
DPS | DY | Payout % 0.00 Cent  |  0.00%  |  - %
NAPS | P/NAPS 1.11  |  0.74
YoY   410.16%
NP Margin | ROE 4.85%  |  7.55%
F.Y. | Ann. Date 31-Dec-2020  |  24-Feb-2021

T4Q Result ( EPS: 36.66, P/E: 2.24 )

Revenue | NP to SH 831,335  |  125,008
RPS | P/RPS 243.79 Cent  |  0.34
EPS | P/E | EY 36.66 Cent  |  2.24  |  44.71%
DPS | DY | Payout % 0.02 Cent  |  0.02%  |  0.05%
NAPS | P/NAPS 1.48  |  0.55
QoQ | YoY   34.28%  |    1,889.62%
NP Margin | ROE 15.03%  |  24.77%
F.Y. | Ann. Date 30-Sep-2021  |  29-Nov-2021

Annualized Result ( EPS: 43.61, P/E: 1.96 )

Revenue | NP to SH 843,162  |  142,552
RPS | P/RPS 247.26 Cent  |  0.33
EPS | P/E | EY 43.61 Cent  |  1.96  |  50.98%
DPS | DY | Payout % -
NAPS | P/NAPS -
QoQ | YoY   4.44%  |    921.63%
NP Margin | ROE 16.90%  |  28.25%
F.Y. | Ann. Date 30-Sep-2021  |  29-Nov-2021


Hints :
Click the QoQ or YoY on table to view the QoQ or YoY Financial Result page.

Click here to modify the Visible Columns.

Date Financial Result Financial Ratio Per Share Item Performance Valuation (End of Quarter) Valuation (Ann. Date)
F.Y. Ann. Date Quarter # Revenue PBT NP NP to SH Div Net Worth Div Payout % NP Margin ROE NOSH RPS Adj. RPS EPS Adj. EPS DPS Adj. DPS NAPS Adj. NAPS QoQ YoY EOQ Date EOQ Price EOQ P/RPS EOQ P/EPS EOQ P/NAPS EOQ EY EOQ DY ANN Date ANN Price ANN P/RPS ANN P/EPS ANN P/NAPS ANN EY ANN DY
31-Dec-2021 29-Nov-2021 30-Sep-2021 3 236,110 49,139 38,664 38,671 - 504,680 - % 16.38% 7.66% 341,000 69.24 69.24 11.34 11.34 0.00 0.00 1.4800 1.48   20.40%   471.97% 30-Sep-2021 0.935 1.35 8.24 0.63 12.13% 0.00% 29-Nov-2021 0.80 1.16 7.05 0.54 14.18% 0.00%
31-Dec-2021 09-Sep-2021 30-Jun-2021 2 184,783 42,573 32,115 32,119 65 450,835 0.20% 17.38% 7.12% 329,077 56.15 54.19 9.76 9.42 0.02 0.02 1.3700 1.32   -11.09%   1,098.92% 30-Jun-2021 0.985 1.75 10.09 0.72 9.91% 0.02% 09-Sep-2021 1.13 2.01 11.58 0.82 8.64% 0.02%
31-Dec-2021 28-May-2021 31-Mar-2021 1 211,479 42,525 36,110 36,124 - 415,400 - % 17.07% 8.70% 310,000 68.22 62.02 11.65 10.59 0.00 0.00 1.3400 1.22   99.65%   3,424.29% 31-Mar-2021 0.71 1.04 6.09 0.53 16.41% 0.00% 1.06 1.55 9.10 0.79 10.99% 0.00%
31-Dec-2020 24-Feb-2021 31-Dec-2020 4 198,963 18,830 18,080 18,094 - 378,200 - % 9.09% 4.78% 310,000 64.18 58.35 5.84 5.31 0.00 0.00 1.2200 1.11   167.62%   532.66% 31-Dec-2020 0.605 0.94 10.37 0.50 9.65% 0.00% 0.635 0.99 10.88 0.52 9.19% 0.00%
31-Dec-2020 26-Nov-2020 30-Sep-2020 3 163,821 8,983 6,778 6,761 - 362,699 - % 4.14% 1.86% 310,000 52.85 48.04 2.18 1.98 0.00 0.00 1.1700 1.06   152.37%   268.85% 30-Sep-2020 0.305 0.58 13.98 0.26 7.15% 0.00% 26-Nov-2020 0.37 0.70 16.96 0.32 5.89% 0.00%
31-Dec-2020 27-Aug-2020 30-Jun-2020 2 106,755 3,608 2,654 2,679 - 353,399 - % 2.49% 0.76% 310,000 34.44 31.31 0.86 0.79 0.00 0.00 1.1400 1.04   161.37%   -64.25% 30-Jun-2020 0.31 0.90 35.87 0.27 2.79% 0.00% 27-Aug-2020 0.305 0.89 35.29 0.27 2.83% 0.00%
31-Dec-2020 12-Jun-2020 31-Mar-2020 1 120,038 2,076 1,063 1,025 - 350,299 - % 0.89% 0.29% 310,000 38.72 35.20 0.33 0.30 0.00 0.00 1.1300 1.03   124.51%   126.27% 31-Mar-2020 0.30 0.77 90.73 0.27 1.10% 0.00% 12-Jun-2020 0.32 0.83 96.78 0.28 1.03% 0.00%
31-Dec-2019 28-Feb-2020 31-Dec-2019 4 149,582 -2,527 -4,197 -4,182 - 350,299 - % -2.81% -1.19% 310,000 48.25 43.87 -1.35 -1.23 0.00 0.00 1.1300 1.03   -328.15%   -266.15% 31-Dec-2019 0.42 0.87 -31.13 0.37 -3.21% 0.00% 28-Feb-2020 0.37 0.77 -27.43 0.33 -3.65% 0.00%
31-Dec-2019 27-Nov-2019 30-Sep-2019 3 143,231 2,647 1,852 1,833 - 356,499 - % 1.29% 0.51% 310,000 46.20 42.00 0.59 0.54 0.00 0.00 1.1500 1.05   -75.54%   -78.66% 30-Sep-2019 0.44 0.95 74.41 0.38 1.34% 0.00% 27-Nov-2019 0.44 0.95 74.41 0.38 1.34% 0.00%
31-Dec-2019 28-Aug-2019 30-Jun-2019 2 169,844 10,104 7,491 7,494 - 353,399 - % 4.41% 2.12% 310,000 54.79 49.81 2.42 2.20 0.00 0.00 1.1400 1.04   1,554.30%   -11.43% 28-Jun-2019 0.43 0.78 17.79 0.38 5.62% 0.00% 28-Aug-2019 0.415 0.76 17.17 0.36 5.83% 0.00%
31-Dec-2019 30-May-2019 31-Mar-2019 1 144,465 753 387 453 - 350,299 - % 0.27% 0.13% 310,000 46.60 42.37 0.15 0.13 0.00 0.00 1.1300 1.03   -82.00%   -93.07% 29-Mar-2019 0.57 1.22 390.07 0.50 0.26% 0.00% 30-May-2019 0.48 1.03 328.48 0.42 0.30% 0.00%
31-Dec-2018 27-Feb-2019 31-Dec-2018 4 155,152 3,796 2,478 2,517 - 350,299 - % 1.60% 0.72% 310,000 50.05 45.50 0.81 0.74 0.00 0.00 1.1300 1.03   -70.70%   -90.94% 31-Dec-2018 0.485 0.97 59.73 0.43 1.67% 0.00% 27-Feb-2019 0.505 1.01 62.20 0.45 1.61% 0.00%
31-Dec-2018 27-Nov-2018 30-Sep-2018 3 155,241 11,388 8,585 8,589 - 353,399 - % 5.53% 2.43% 310,000 50.08 45.53 2.77 2.52 0.00 0.00 1.1400 1.04   1.51%   -37.59% 28-Sep-2018 0.62 1.24 22.38 0.54 4.47% 0.00% 27-Nov-2018 0.52 1.04 18.77 0.46 5.33% 0.00%
31-Dec-2018 28-Aug-2018 30-Jun-2018 2 144,485 11,177 8,432 8,461 - 344,100 - % 5.84% 2.46% 310,000 46.61 42.37 2.73 2.48 0.00 0.00 1.1100 1.01   29.51%   -71.83% 29-Jun-2018 0.59 1.27 21.62 0.53 4.63% 0.00% 28-Aug-2018 0.625 1.34 22.90 0.56 4.37% 0.00%
31-Dec-2018 30-May-2018 31-Mar-2018 1 143,047 9,171 6,470 6,533 - 341,000 - % 4.52% 1.92% 310,000 46.14 41.95 2.11 1.92 0.00 0.00 1.1000 1.00   -76.48%   -26.11% 30-Mar-2018 0.725 1.57 34.40 0.66 2.91% 0.00% 30-May-2018 0.66 1.43 31.32 0.60 3.19% 0.00%
31-Dec-2017 28-Feb-2018 31-Dec-2017 4 145,675 31,972 27,767 27,782 - 334,800 - % 19.06% 8.30% 310,000 46.99 42.72 8.96 8.15 0.00 0.00 1.0800 0.98   101.86%   179.78% 29-Dec-2017 0.91 1.94 10.15 0.84 9.85% 0.00% 28-Feb-2018 0.925 1.97 10.32 0.86 9.69% 0.00%
31-Dec-2017 27-Nov-2017 30-Sep-2017 3 177,985 17,369 13,727 13,763 - 306,900 - % 7.71% 4.48% 310,000 57.41 52.20 4.44 4.04 0.00 0.00 0.9900 0.90   -54.17%   148.74% 29-Sep-2017 0.825 1.44 18.58 0.83 5.38% 0.00% 27-Nov-2017 0.855 1.49 19.26 0.86 5.19% 0.00%
31-Dec-2017 28-Aug-2017 30-Jun-2017 2 115,153 33,533 30,033 30,033 - 291,399 - % 26.08% 10.31% 310,000 37.15 33.77 9.69 8.81 0.00 0.00 0.9400 0.85   239.66%   159.02% 30-Jun-2017 0.77 2.07 7.95 0.82 12.58% 0.00% 28-Aug-2017 0.775 2.09 8.00 0.82 12.50% 0.00%
31-Dec-2017 30-May-2017 31-Mar-2017 1 138,544 12,596 8,842 8,842 - 266,600 - % 6.38% 3.32% 310,000 44.69 40.63 2.85 2.59 0.00 0.00 0.8600 0.78   -10.96%   1,326.13% 31-Mar-2017 0.66 1.48 23.14 0.77 4.32% 0.00% 30-May-2017 0.71 1.59 24.89 0.83 4.02% 0.00%
31-Dec-2016 24-Feb-2017 31-Dec-2016 4 133,783 13,565 9,930 9,930 - 257,299 - % 7.42% 3.86% 310,000 43.16 39.23 3.20 2.91 0.00 0.00 0.8300 0.75   79.47%   191.03% 30-Dec-2016 0.465 1.08 14.52 0.56 6.89% 0.00% 24-Feb-2017 0.575 1.33 17.95 0.69 5.57% 0.00%
31-Dec-2016 23-Nov-2016 30-Sep-2016 3 115,205 7,659 5,533 5,533 - 248,000 - % 4.80% 2.23% 310,000 37.16 33.78 1.78 1.62 0.00 0.00 0.8000 0.73   -52.28%   19.32% 30-Sep-2016 0.535 1.44 29.97 0.67 3.34% 0.00% 23-Nov-2016 0.515 1.39 28.85 0.64 3.47% 0.00%
31-Dec-2016 23-Aug-2016 30-Jun-2016 2 122,284 15,564 11,595 11,595 - 241,799 - % 9.48% 4.80% 310,000 39.45 35.86 3.74 3.40 0.00 0.00 0.7800 0.71   1,770.16%   205.69% 30-Jun-2016 0.45 1.14 12.03 0.58 8.31% 0.00% 23-Aug-2016 0.48 1.22 12.83 0.62 7.79% 0.00%
31-Dec-2016 25-May-2016 31-Mar-2016 1 127,444 1,341 620 620 - 235,599 - % 0.49% 0.26% 310,000 41.11 37.37 0.20 0.18 0.00 0.00 0.7600 0.69   -81.83%   -90.66% 31-Mar-2016 0.47 1.14 235.00 0.62 0.43% 0.00% 25-May-2016 0.49 1.19 245.00 0.64 0.41% 0.00%
31-Dec-2015 26-Feb-2016 31-Dec-2015 4 127,235 4,905 3,412 3,412 - 235,599 - % 2.68% 1.45% 310,000 41.04 37.31 1.10 1.00 0.00 0.00 0.7600 0.69   -26.42%   -49.15% 31-Dec-2015 0.45 1.10 40.89 0.59 2.45% 0.00% 26-Feb-2016 0.47 1.15 42.70 0.62 2.34% 0.00%
31-Dec-2015 26-Nov-2015 30-Sep-2015 3 120,896 6,504 4,637 4,637 - 232,500 - % 3.84% 1.99% 310,000 39.00 35.45 1.50 1.36 0.00 0.00 0.7500 0.68   22.25%   -44.78% 30-Sep-2015 0.435 1.12 29.08 0.58 3.44% 0.00% 26-Nov-2015 0.475 1.22 31.76 0.63 3.15% 0.00%
31-Dec-2015 26-Aug-2015 30-Jun-2015 2 116,940 5,166 3,793 3,793 - 226,300 - % 3.24% 1.68% 310,000 37.72 34.29 1.22 1.11 0.00 0.00 0.7300 0.66   -42.85%   -53.56% 30-Jun-2015 0.565 1.50 46.18 0.77 2.17% 0.00% 26-Aug-2015 0.45 1.19 36.78 0.62 2.72% 0.00%
31-Dec-2015 27-May-2015 31-Mar-2015 1 140,333 9,190 6,637 6,637 - 229,400 - % 4.73% 2.89% 310,000 45.27 41.15 2.14 1.95 0.00 0.00 0.7400 0.67   -1.09%   55.32% 31-Mar-2015 0.51 1.13 23.82 0.69 4.20% 0.00% 27-May-2015 0.54 1.19 25.22 0.73 3.96% 0.00%
31-Dec-2014 26-Feb-2015 31-Dec-2014 4 124,414 9,111 6,710 6,710 - 223,200 - % 5.39% 3.01% 310,000 40.13 36.49 2.16 1.97 0.00 0.00 0.7200 0.65   -20.09%   -7.28% 31-Dec-2014 0.505 1.26 23.33 0.70 4.29% 0.00% 26-Feb-2015 0.55 1.37 25.41 0.76 3.94% 0.00%
31-Dec-2014 26-Nov-2014 30-Sep-2014 3 121,669 11,361 8,397 8,397 3,100 220,099 36.92% 6.90% 3.82% 310,000 39.25 35.68 2.71 2.46 1.00 0.91 0.7100 0.65   2.82%   33.41% 30-Sep-2014 0.64 1.63 23.63 0.90 4.23% 1.56% 26-Nov-2014 0.57 1.45 21.04 0.80 4.75% 1.75%
31-Dec-2014 27-Aug-2014 30-Jun-2014 2 131,730 11,009 8,167 8,167 - 210,800 - % 6.20% 3.87% 310,000 42.49 38.63 2.63 2.40 0.00 0.00 0.6800 0.62   91.13%   13.07% 30-Jun-2014 0.525 1.24 19.93 0.77 5.02% 0.00% 27-Aug-2014 0.535 1.26 20.31 0.79 4.92% 0.00%
31-Dec-2014 29-May-2014 31-Mar-2014 1 111,381 5,914 4,273 4,273 - 207,700 - % 3.84% 2.06% 310,000 35.93 32.66 1.38 1.25 0.00 0.00 0.6700 0.61   -40.96%   -14.88% 31-Mar-2014 0.565 1.57 40.99 0.84 2.44% 0.00% 29-May-2014 0.535 1.49 38.81 0.80 2.58% 0.00%
31-Dec-2013 27-Feb-2014 31-Dec-2013 4 112,065 9,724 7,237 7,237 4,650 201,499 64.25% 6.46% 3.59% 310,000 36.15 32.86 2.33 2.12 1.50 1.36 0.6500 0.59   14.98%   - % 31-Dec-2013 0.47 1.30 20.13 0.72 4.97% 3.19% 27-Feb-2014 0.515 1.42 22.06 0.79 4.53% 2.91%
31-Dec-2013 27-Nov-2013 30-Sep-2013 3 115,804 8,379 6,294 6,294 - 195,299 - % 5.44% 3.22% 310,000 37.36 33.96 2.03 1.85 0.00 0.00 0.6300 0.57   -12.86%   - % 30-Sep-2013 0.475 1.27 23.40 0.75 4.27% 0.00% 27-Nov-2013 0.475 1.27 23.40 0.75 4.27% 0.00%
31-Dec-2013 27-Aug-2013 30-Jun-2013 2 113,979 10,165 7,223 7,223 4,063 167,954 56.26% 6.34% 4.30% 270,895 42.07 33.42 2.67 2.12 1.50 1.19 0.6200 0.49   43.88%   - % 28-Jun-2013 0.515 1.22 19.31 0.83 5.18% 2.91% 27-Aug-2013 0.47 1.12 17.63 0.76 5.67% 3.19%
31-Dec-2013 30-May-2013 31-Mar-2013 1 113,419 7,084 5,020 5,020 - 150,414 - % 4.43% 3.34% 250,690 45.24 33.26 2.00 1.47 0.00 0.00 0.6000 0.44   - %   - % 0.00 0.00 0.00 0.00 0.00% 0.00% 0.00 0.00 0.00 0.00 0.00% 0.00%
31-Dec-2012 31-Dec-2012 4 0 0 0 0 - - - % - % - % - - - 0.00 0.00 0.00 0.00 0.0000 0.00   - %   - % 0.00 0.00 0.00 0.00 0.00% 0.00% 0.00 0.00 0.00 0.00 0.00% 0.00%
31-Dec-2012 30-Sep-2012 3 0 0 0 0 - - - % - % - % - - - 0.00 0.00 0.00 0.00 - -   - %   - % 0.00 0.00 0.00 0.00 0.00% 0.00% 0.00 0.00 0.00 0.00 0.00% 0.00%
31-Dec-2012 30-Jun-2012 2 0 0 0 0 - - - % - % - % - - - 0.00 0.00 0.00 0.00 - -   - %   - % 0.00 0.00 0.00 0.00 0.00% 0.00% 0.00 0.00 0.00 0.00 0.00% 0.00%
31-Dec-2012 31-Mar-2012 1 0 0 0 0 - - - % - % - % - - - 0.00 0.00 0.00 0.00 - -   - %   - % 0.00 0.00 0.00 0.00 0.00% 0.00% 0.00 0.00 0.00 0.00 0.00% 0.00%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.


NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ Δ & YoY Δ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.


Analyze this stock with MQ Trader system
  5 people like this.
 
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
zanbini Post removed. Why?
27/09/2021 10:06 AM
LouisLim Steel price up 2% today.
27/09/2021 1:22 PM
LouisLim US steel stock like US Steel big up 4 to 5% last night. China steel price up again.
28/09/2021 7:52 AM
LouisLim China steel price big up now.
28/09/2021 10:54 AM
hahasong Post removed. Why?
28/09/2021 12:24 PM
hantamking mainland facing power control , industrial production affect
on the other hand malaysia steel demand will increase , can export more
today the price go up^^ cheers ya
29/09/2021 1:12 PM
hantamking well done today^^
29/09/2021 6:25 PM
Invest_888 Steel prices in China goes up 4 consecutive days and is almost 2 months high and near the record high.

Due to limitattion of electricity in China, high power usage in steel industry faces more and more factory shutdown problem.

This time might be best chances to buy steel stock.
01/10/2021 9:34 AM
hantamking ""中国多地限电 钢铁等大宗产品价飙新高""


Source:
https://www.sinchew.com.my/20210930/%e4%b8%ad%e5%9b%bd%e5%a4%9a%e5%9c%b0%e9%99%90%e7%94%b5-%e9%92%a2%e9%93%81%e7%ad%89%e5%a4%a7%e5%ae%97%e4%ba%a7%e5%93%81%e4%bb%b7%e9%a3%99%e6%96%b0%e9%ab%98/

Cheers ya
01/10/2021 1:00 PM
hantamking Read more then no panic already ^^
01/10/2021 1:01 PM
Superb99 so fast no show
13/10/2021 10:32 AM
blackchicken Lionind is up 8.57%.
14/10/2021 12:23 PM
Superb99 This counter too clumsy
14/10/2021 6:23 PM
LouisLim China steel price rebound strongly now.
15/10/2021 2:46 PM
Chinjason https://www.thesundaily.my/business/malaysia-to-impose-anti-dumping-duties-for-5-yrs-on-some-steel-products-from-china-south-korea-vietnam-CD8467958
15/10/2021 11:40 PM
blackchicken China Steel said that several factors are indicating a rebound in Asian steel prices in the fourth quarter, including a rise in demand due to a global economic recovery as well as a surge in raw material costs.
16/10/2021 6:59 PM
888STOCK888 Heng ah
18/10/2021 10:34 AM
blackchicken Steel prices are set to go up further due to the expected coal or power shortage and rising raw material prices in China that will potentially weigh on the earlier-anticipated price correction, according to a report.
https://www.hellenicshippingnews.com/no-respite-for-steel-users-as-prices-likely-to-remain-high-report/
21/10/2021 12:45 PM
takaje any price target for this beloved counter?
26/10/2021 3:02 PM
blackchicken "Exports of manufactured goods in September 2021 reached its highest monthly value at RM94.86bil or 85.6% of total exports, grew by 21.6% y-o-y.

"Petroleum products, manufactures of metal, E&E products, chemicals and chemical products, palm oil-based manufactured products, other manufactures especially solid-state storage devices (SSD) as well as iron and steel products respectively registered more than RM1 billion expansion in exports," said Miti.
28/10/2021 4:07 PM
hantamking ''Leon Fuat Berhad Powers Up for Green Energy''

source:
https://www.jcnnewswire.com/pressrelease/70555/2/Leon-Fuat-Berhad-Powers-Up-for-Green-Energy
15/11/2021 11:53 AM
hantamking over undervalue, collect alot this morning , thanks ^^
15/11/2021 12:33 PM
hantamking ''Foreign investors net buying of Bursa-listed shares spiked to RM359m last week''

source:
https://www.theedgemarkets.com/article/foreign-investors-net-buyers-sixth-week-row-%E2%80%94-midf-research
15/11/2021 12:59 PM
hantamking Steel price rebounce already^^
15/11/2021 2:31 PM
hantamking PE about 4 , undervalue lah ^^ collect lagi
15/11/2021 5:55 PM
MakeitGrow Big surprise, although the MCO, 3Q earning (EPS: 11.34) was better than 2Q (EPS: 9.76).
9M EPS (32.75) is more than 3 times better than FY2020 (EPS: 9.21).
29/11/2021 11:34 PM
MakeitGrow with recovery in the process, the demand for steel will increase and I guess it will underpin the price of steel to maintain above CNY 4000 per tonne.
29/11/2021 11:40 PM
Star8888 US Steel drop 4.12% and Steel Dynamics drop 3.32% last night
30/11/2021 7:09 AM
Star8888 China steel price drop to 4115 now
30/11/2021 9:45 AM
stockraider Too much debts & speculate in too much excess in steel inventory mah!

But steel prices already tumbling down....that means huge impairment in inventory mah!

Run b4 too late loh!
04/12/2021 10:51 AM
hantamking https://tradingeconomics.com/commodity/steel

Steel price recover ^^ stock raide u know what , know tiao L
06/12/2021 2:23 PM