Koon Yew Yin's Blog

Prestar is the only steel company reported increased profit - Koon Yew Yin (updated)

Koon Yew Yin
Publish date: Thu, 03 Mar 2022, 10:58 AM
Koon Yew Yin
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An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.

All materials published here are prepared by Mr. Koon Yew Yin

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. 

 

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Discussions
Be the first to like this. Showing 12 of 11 comments

cckiong

Get your facts right! Melewar also has increased profit

2022-03-03 11:06

Tobby

I bet Grandpa Koon is quietly buying AYS!

2022-03-03 11:41

rob8ry24

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

Blacksails

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

nicholas99

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

SJSOON

You see this disrespectful old man KYY comes here and mislead others. His write-up is just lapsap

2022-03-04 12:39

SJSOON

No points of his writing. Just say something on the surface to mislead others

2022-03-04 12:40

densim

CS Steel & Lion Ind did well ...

2022-03-05 22:37

Apastock

siapakah ITU kyy..

2022-03-05 22:43

DickyMe3

Increased profit Reduced revenue. Product selling at higher price? Supply restricted?
The equation does not match.

2022-03-06 14:38

Spinner Wheel

Thank you for your post. I have read through several similar topics! However, your article gave me a very special impression, unlike other articles. I hope you continue to have valuable articles like this or more to share with everyone! https://nytimescrossword.io

2023-01-04 16:52

craigforrest12

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

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