During the last quarter from September – December last year, there was no more MCO lockdown, all the people could go to work and there were more construction activities. As a result, all investors expected to see all the steel stocks to report better profit than their previous quarter.
I was shocked to see that all the steel stocks, except Prestar reported reduced profit. Prestar is the only steel company reported increased profit.
Prestar’s EPS for each of the last 4 quarters were 10.03 sen, 7.21 sen, 9.59 sen and 9.45 sen totaling 36.28 sen. The last traded price is 66.5 sen. It is selling at PE less than 2.
If you do not believe me, you can check and prove I am wrong.
Chart | Stock Name | Last | Change | Volume |
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uncle conyewyin stuck at high price, thats y he wrote this. so that u buy he can sell. If you do not believe me, you can check and prove I am wrong.
2022-03-03 16:59
Its not a steel company per se, but a steel product manufacturing company. Please dont mislead or lie to viewers.
2022-03-03 17:07
but if you see... steel price not just increase today. its been increasing for half a year.. and prestar profit just keep on rising..
2022-03-04 10:05
You see this disrespectful old man KYY comes here and mislead others. His write-up is just lapsap
2022-03-04 12:39
No points of his writing. Just say something on the surface to mislead others
2022-03-04 12:40
Increased profit Reduced revenue. Product selling at higher price? Supply restricted?
The equation does not match.
2022-03-06 14:38
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2023-01-04 16:52
Prestar, like a well-played round of Fnaf, stands out among steel companies with increased profits, per Koon Yew Yin's latest report. https://fnaf.one
2 weeks ago
cckiong
Get your facts right! Melewar also has increased profit
2022-03-03 11:06