Aiyah, who cares about the dirty toilet as long as they keep making money and keep paying me dividend I will happily take the money and go

No wonder...
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5791729

Kerjaya Prospect bags RM291 million contract from luxury developer Bon Estates.

Total outstanding orderbook to date is RM3.15 billion @ net profit margin of 12-13% the highest in the construction industry


http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=82042&name=EA_GA_ATTACHMENTS

Why is copper price increasing?

Thank you sir.

Not the Q results?
When is soon?

What's going to happen??

The Group's order book of RM2.4 billion as at end of March 2017 should sustain its
operations for the medium term.

RKM notified the Company that its Unit I has commenced
sales of 200 MW power in April 2017 and 150 MW power in May 2017 to several power distribution companies in the State of Uttar Pradesh
pursuant to the Power Purchase Agreement dated 15 March 2016.

Share of loss of associates (RM28,665K) - Non cash

444 million market cap for an RM22mil revenue company.
Rarely do I see a company with 20:1 market cap to revenue ratio.

The syndicate is strong in this one

Not saying that it won't go higher, just sayin that if you play this game, remember that you are at their mercy.

The Q results are out.
The performance is strong, considering that they are in the midst of their impairment program.
Highest PBT in 7 quarters.

PAT affected due to deferred Tax adjustment of RM105mil, leaving net profit to be RM45mil

Also I completely agree.
Rebar prices have been high for the month ending Dec 2016.

Annjoo is likely to benefit the most as they are in the upstream business.

SSteel has already posted strong profits due to higher rebar prices due to China's increasing rebar prices and the safeguard measures

zefftan 100percent: i apologize for that copyright, i got it from telegram, thanks for it
14/02/2017 23:26


Haha, don't worry. I was just poking at you. Great article! (had to use google translate)

Heyyyy you took my chart!

Yes, Prestar will benefit because with overall increase in steel prices, Prestar is able to charge a higher price for the end products compared to their inventory that they bought/ manufactured earlier which was at a lower price.

And yes, they will benefit from the need for highway guardrail - although I'm not sure how many % of their revenue and profit is derived from the guardrail business

Wallstreet82, please note that the MITI safeguard IS approved - therefore it WILL contribute POSITIVELY to MASTEEL.

I noticed that clicking on the link for the safeguard duty will inform you that it is only for subscribers.
Therefore, if you want to view the website, just type the following into Google and it will direct you to the website, without requiring subscription.

- Malaysia imposes preliminary safeguard duty on rebar imports
- Malaysia sets preliminary safeguard duty on imports of wire rod

http://klse.i3investor.com/blogs/100percentprofits/105044.jsp