new article for GDB. I estimate their revenue will have 60% growth next year, hope net profit will grow at same pace too.

http://xxscyehxx.blogspot.com/2019/11/gdb.html

http://xxscyehxx.blogspot.com/2019/11/gdb.html

gdb always update their progression on website. For those said they delayed the project, u better change ur little bird which give wrong info

https://www.gdbhb.com.my/portfolio/perla-ara-sentral/

guys, pls like my fb page if u like my work : ) I will bring more update about rcecap

my other top pick recently included frontkn, dufu, myeg and etc. all of them have good performance, but rcecap not yet. however, i think it is good to hold for future as a defensive stock.

https://www.facebook.com/xxscyehxx/

my other top pick recently included frontkn, dufu, rcecap and etc. i had introduced frontkn and dufu since last year.

https://www.facebook.com/xxscyehxx/

https://www.facebook.com/xxscyehxx/

https://www.facebook.com/xxscyehxx/

my other top pick recently included myeg, dufu, rcecap and etc.

guys, i had introduced FRONTKN since it is 0.35 last year, and above is my latest update. if u like my work, pls like my fb page as support.

my other top pick recently included myeg, frontkn, rcecap and etc.

http://xxscyehxx.blogspot.com/2018/08/managing-directorfrontkn.html

guys, i had introduced DUFU since it is 1.15 last year, and above is my latest update. if u like my work, pls like my fb page as support.

http://xxscyehxx.blogspot.com/2018/08/dufu.html

this is my third time write myeg, the first time is when myeg faced three times limit down drop until 0.90. if u like my work, hope u guys like my fb page :)

sorry, charliesim. i didnt write anything about wct.

https://www.facebook.com/xxscyehxx/

guys, pls like my fb page if u like my work

http://xxscyehxx.blogspot.com/2018/09/myegquarterly-reportsstmyeg.html

read my article. we all believe ts wong

http://xxscyehxx.blogspot.tw/2018/05/myeg3myeg.html

uncle koon still dreaming

@meiling0809, u may hope the share price drops for u, but no need to gossip here. U should respect the rest of us who were holding the stock.

@meiling, dividend will be announced followed with the annual report. i guess will around three sens, if they decide pay out special dividend, it will be more!

agree, he even confused with the share price of MASTEEL (lmao)

@AllWin, Attackofpants had answered ur question

guys, u all had ignored other costs. if u count cautiously, this qr is improve(YoY).

https://www.facebook.com/xxscyehxx/
like my page for support. Thank :)

@christo, 你在哪裡看到马币每起1%，LEONFB 盈利也随着涨1.5%-2.0%？ 我很有興趣，謝謝

thank for ur command. I am looking for further analysis using big data, if u have any idea pls let me know. XD

albukhary, not increased by RM 150.... just the differences... if u get Y-16-32 is 2800, then price of y10,12,40,R10 is about 2950...

@jon choivo, why change accounting standard will make them do impairment?

kyosan, yes it is 4 times! However, the new factory only manufacture their own product. it may only can offset the losing of distributorship. I also decide to buy this company before but after Merial terminate the distributorship, it show many uncertainty.

unless they have a lot of faithful customer still willing to buy from them...

I still cant understand why this company can rise so much. Since the France company had been terminated their distributorship, and now Rhonema change their supplier called CEVA. How come the investors compare a super big company (Merial ranked top 5 in animal health) with CEVA. I think they may still face huge profit drop in the future.

another good day for all of us!!

LIONIND 30%
MBSB 20%
RCECAP 10%
HIAPTEK-WB 10%
SOLUTN-WA 30%

dickyme, dont daydream

@leslie, u go suggest kyy watch this stock lol

From RH Research FB Page
两发 LEONFB – 长期遭低估的钢铁股

LEONFB创办于1972年，在2013年上市于大马主要板，主要从事钢铁产品贸易和加工业务，专注于轧制钢 (Rolled Steel) 和扁钢 (Flat Steel) 产品。

其主要贸易产品为碳钢 (Carbon Steel)，尤其是低碳钢 (Mild Steel)、不锈钢和合金钢。作为增值业务的一部分，集团也提供切割、整平、剪切、仿形、弯折和加工钢铁产品的服务，以满足不同行业客户和各种应用需求。

值得一提，这一行业也有一定的入行障碍，尤其是在购买机械和设立仓库方面。这需要动用庞大资金，而不是一般厂商愿意进行这样的投资。因此，其客户相对地更愿意交由LEONFB承担加工工作，以省去上述投资所附带的风险。

其使用的主要原料包括碳钢 (80%)、不锈钢及合金钢。其中约60%的原料采购来自本地制造商或供应商，其余则从海外供应商直接采购。

作为钢铁生产商和最终用户之间的中介，钢铁领域的低迷并未严重影响LEONFB的业务。自2013年上市以来，无论市况好或坏，集团每年都可创造稳定的收入，显示出业务稳定性非常高。

再次强调，LEONFB的商业模式与一般钢铁业者不同。集团在赚幅、库存和资本开销等方面皆比其他钢铁制造商不同。因此，钢铁价格波动并不会对集团构成显著的影响，而且还可选择将提高的成本转嫁至客户身上。在此商业模式为前提下，LEONFB在面对市场低潮时的抵御能力更佳，更有可能保持盈利。

展望未来，LEONFB在多年前已定制三管齐下的策略，目标是为了提升产能、提高效率以及扩大收入来源。其一，在巴生港自由区兴建新仓库。这项建设工程已在FY16完成并已投入运作。这新仓库的净可用存储空间大约为95,000平方英尺。

随着新仓库开始使用，LEONFB正式踏出探索出口市场的第一步。其仓库有一部分仓储空间预留给从国外进口的货物，并可转手出口到东南亚其他国家。此外，这仓库也可为集团节省不必要的进口关税。简短来说，这是集团扩大钢铁贸易业务的计划之一。

其二，把 Wisma Leon Fuat正对面的现有建筑物进行翻修工程。这新的加工厂拥有大约60,000平方英尺的实用空间。同时，集团也在这厂房安装上新的CNC切割机，也把现有的切割机搬迁至新厂。过去两年，LEONFB在这项计划上一共投入RM9m的资本开销。这加工厂预计可把现有产能翻倍，而集团在往后也将有较好的加工流程。

其三，进军钢管 (Steel Pipe) 制造行业，而生产设施将安装在巴生港的新厂房。由于LEONFB一直以来都是钢卷和其他钢铁产品的采购商，集团可利用这流程，顺势把业务多样化至这些钢铁原料生产的最终产品。

在FY17和FY18，LEONFB将拨出共RM50m的资本开销，作为建设钢管制造厂及添购器材的资金。由于建筑师仍在拟定钢管制造厂的蓝图，现阶段未敲定新厂房将设有多少条生产线。

这新厂房预计将在明年下半年竣工，但是预计不会立即为集团带来贡献。无论如何，多元化业务至下游领域，是LEONFB维持盈利赚幅和提高持续性盈利的策略之一。管理层预计钢管制造将成为集团的第三核心业务，是未来核心收入来源之一。

业绩方面，LEONFB在今年首三个季度已交出RM31m的核心盈利。假设全年可交出RM42m的盈利，以310m股数计算，其每股盈利将会是13.55仙。再以保守8-10倍PE推算，其每股潜在价值处于RM1.08-1.35之间，相等于20-50%的潜在上涨空间。

值得一提，LEONFB的每股净资产 (NTA) 为RM0.99，目前的股价RM0.885确实有低估之嫌。

@dusk, no need to lower our voice. i have waited it for years. now is the time to fly.

abangadik, u forget me... i feel so sad... huat together

nakata, it is because the current steel price which is higher will only benefit the big four. The other downstream players didnt get too much benefit that is why they wont look. however, this leonfb is different because of its steel pipe factory almost done and now super undervalued.

gogogo

if tomorrow break 0.87 with volume, then it may surge up to 0.90

company's performance may be affected in short term since the currency translation...