Steel Man

Why LIONIND Coming QR's Profit Will Be Lower?

steelman88
Publish date: Thu, 23 Aug 2018, 09:58 AM
steelman88
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Here are some information for LIONIND investors to make a more informed investment decision, at the same time, avoid market makers to take advantage of the poor retail investors. 

The PAT of LIONIND in the last QR was RM60.6 million. These are the reasons why the coming one COULD be much lower. Please do your own due diligence and make your own judgement.

1.  Rebar prices were soft during April - June 2018 period.

2. The Main Transformer exploded in April 18 and yet to be in operations.

3. Banting Plant has not started until now.

4. Shortage of raw material - steel billets leads to lower rebar sales from Steel Division.

5. Low utilisation rate for HBI Plant during April - June 2018 due to maintenance and interruption.

 

I'm preparing another article to elaborate on the 5 points above with facts and figures. 

Not a buy call or sell call. Make your own judgement. Thank you.

LIONIND (4235)
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Discussions
Be the first to like this. Showing 8 of 8 comments

paperplane

If results lower than expected.... Good luck

2018-08-23 10:12

stncws

koon oledi turn off comment function.. he buy 70c. and sell 1.10...

2018-08-23 10:13

hollandking

will crash loh, if lower than expected. Many going to holland if this happened.

2018-08-23 10:14

smartly

you need to come out your next article asap to prove your points else when the q result is out and it show otherwise then no points ed. all your hard work fact and figures are then proven to be very wrong.
keep up the good work bro...

2018-08-23 10:31

jackfruit

We wait and see wheather you are right or wrong.

2018-08-23 10:40

value88

I wonder what is the expected earnings for LionInd in Apr-Jun'18 quarter ? and what would be considered below expectation ?

The Apr-Jun'18 earnings is almost sure to be lower QoQ due to lower demand and lower average sales price. So, the question is what do market expect ?

2018-08-23 11:24

value88

If market expects the coming earnings would be on par or higher than preceding quarter, then I suppose market will be disappointed and LionInd's stock price will plunge.
If market expects lower EPS than last quarter at ~5 or 6sen EPS, then probably that is achievable.

2018-08-23 14:11

Leonardo12

Steelman. Waiting for your article.

2018-08-27 09:43

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