Super undervalued now, Prestar.

Prestar earning, EPS become higher and higher for 4 quarters. Latest financial quarterly result, the EPS is 9.42cent. According to Prestar release news, Prestar prospect is remain positive and satisfactory.

https://sg.finance.yahoo.com/news/gold-rally-time-highs-continues-175415545.html

gold-rally-time-highs-continues

As raw material increases, the selling price related to these raw material are increased as well. If you don't believe, just go to hard ware shop, the shopkeeper never hesitate to increase the price. Just tell yourself the price still the same.
We are now in high inflation time, printing money machine never stop. This is the fact how powerful & rich countries run their economy in order to win the mandate of their people.

Metal markets like Aluminum, steel, copper, etc are extremely good in comparison with 3 months ago. Plenty of existing projects and upcoming projects as well. Profit margins are strong uptrend. US under Biden, China belt and road projects, need a lot of metals. If no money, Biden tells you that he got world wide recognized printing machine.

What you guys should worry now is inflation only. Park all your money in bank with very low interest should worry you. Your money is stolen by inflation quietly without knowing.

Metal markets like Aluminum, steel, copper, etc are extremely good in comparison with 3 months ago. Plenty of existing projects and upcoming projects as well. Profit margins are strong uptrend. US under Biden, China belt and road projects, need a lot of metals. If no money, Biden tells you that he got world wide recognized printing machine.

Speculators dream that Gaza/Israel war will bring market crash. Once market crash, they can buy damp cheap stocks again.

But, the major powerful countries like US, China, Russia, Euro,etc won't allow it. These countries at least can contain the current condition.

Need not to worry it. All powerful countries need to win their people mandate. They need to improve their economies that spend a lot of money in infrastructure which need Steel, Aluminum, copper, etc. Metals are basic material to develop their countries. If not enough money, they can print money. What people should worry now is inflation.

China goverment wants to control the steel prices so as it is not going to the sky limit that hurt the infrastructure cost badly. As a result, disallows abnormal goreng-goreng trading activity. In consequence the steel prices just goes down 1-2% these few days. China & US need tremendous amount of steel/aluminum/coppper to develop their infrastructure. It is same for the most of the other countries need these metals to develop their countries. At least in 3 years, metals are in high demands.

China steel price as below link:

https://www.quandl.com/data/CHRIS/SHFE_RB1-Shanghai-Steel-Rebar-Futures-Continuous-Contract-1-RB1-Front-Month

Bought PRESTAR @ RM1.14.

SOLD Tomei, got some fund to buy PRESTAR & LBALUM.

I confindently think it was panic selling. PRESTAR still earns a lot money and all the countries need basic material like aluminium/steel/coppper to develop their economy. Infrastructure is always the first one to rebuild the country.

Bought @ 98 cent.

Waits for 1.5months for the upcoming quarterly financial report. The result will be better than current one.

Earning per share, EPS is 5.99 cent for the latest quarterly(3 months) financial result.

Already bought LBALUM @ RM1.01.
Queue to buy at 98cent now.

Sell Tomei, got some fund to buy LBALUM.

I confindently think it was panic selling. LBALUM still earns a lot money and all the countries need basic material like aluminium/steel/coppper to develop their economy. Infrastructure is always the first one to rebuild the country.

Gold up a second week to settle at highest since February

https://finance.yahoo.com/m/f6da46b1-47aa-3ae8-8756-3a4bb1ffc9e4/gold-up-a-second-week-to.html

Compare 3 latest quarterly result of LBALUM:

Revenue was consistently growing up in every 3 quarter i.e 113million, 125million & 144million respectively.
Profit margin was consistently growing up in every 3 quarter i.e 3.84%, 7.44% & 10.36% respectively.
Earning per share,EPS was consistently growing up in every 3 quarter i.e 1.74cent, 3.76cent & 5.99cent respectively.

LBALUM aluminium revenue came from import & export for its 3 latest quarterly result;
Export RM139.1 million (36.4%)
Local RM243.2 million (63.6%)

Due to at 20% higher Aluminium price and revenue, coming quaterly result, its earning per share & profit margin will be higher.

Gold & good earning metal stocks still attract quality buyers.

Compare 3 latest quarterly result of LBALUM:

Revenue was consistently growing up in every 3 quarter i.e 113million, 125million & 144million respectively.
Profit margin was consistently growing up in every 3 quarter i.e 3.84%, 7.44% & 10.36% respectively.
Earning per share,EPS was consistently growing up in every 3 quarter i.e 1.74cent, 3.76cent & 5.99cent respectively.

LBALUM aluminium revenue came from import & export for its 3 latest quarterly result;
Export RM139.1 million (36.4%)
Local RM243.2 million (63.6%)

Due to at 20% higher Aluminium price and revenue, coming quaterly result, its earning per share & profit margin will be higher.

Share price will drop definitely if earning drops. Prestar earning esp EPS become higher and higher for 4 quarters. Latest financial quarterly result, the EPS is 9.42cent. According to Prestar release news, Prestar prospect is remain positive and satisfactory.

STEEL counters are still at uptrend and booming conditions. Metal prices are at least 20++% higher than last quarters.

CPO prices is increasing but not steady. Malaysia still faces labor shortages. EPF keeps on disposing plantation counters like TSH, IJMP. Jtiasa faces low producton issue. Almost all plantation companies earning still not satisfactory as steel companies. Moreover, India is the largest palm oil countries. China bought alot soy bean recently.

Aluminium & Steel counters are still at uptrend and booming conditions. Metal prices are at least 20++% higher than last quarters.

https://finance.yahoo.com/video/zell-buying-gold-hedge-against-232941033.html

Gold is used to hedge against infaltion. Especially the inflation in terms of US dollar.

https://www.bnnbloomberg.ca/gold-posts-its-best-week-since-november-after-u-s-hiring-slows-1.1600897

Gold posts its best week since November2020 after US hiring slows.

Obvious accumulation!!!

The Central Banks of Japan, Turkish, Hungarian and even India(hit hard by covid-19) bought more gold to hedge over the inflation caused by US.

https://finance.yahoo.com/news/gold-analysis-gold-spotlight-uncertainty-061733072.html

Next 3 months can reach RM2.00 once even better upcoming quarterly financial result is out.

Tomei is all the investors choice in Malaysia stock now. Tomei should be worth at least RM2.00.
LIMIT UP!!!!

MMC: Supports Petronas' LNG exports to China. MMC Corp has supported Malaysia's export of liquefied natural gas (LNG) in ISO tank containers to Shanghai, China from its port in Pasir Gudang, Johor. The shipment was made on April 13 and marked the first export of Petroliam Nasional Bhd's (Petronas) LNG in ISO tank containers from Johor to China. (BTimes)

LBALUM target price RM1.60

If still want to buy Comfort, wait lower than RM1.80. No doubt Comfort is the best glove stock in terms of making profit, PE.

Most stocks fell, MMC (port&logistic)& most steel/Aluminum stocks moved up today.
Glove stocks fell badly due to falling ASP.

MMC & good steel companies(PRESTAR) & Aluminum earning(LBALUM)stocks could be glove stock fans choices.

Most stocks fell, MMC (port&logistic)& most steel/Aluminum stocks moved up today.
Glove stocks fell badly due to ASP.

MMC & good steel companies(PRESTAR) & Aluminum earning(LBALUM)stocks could be glove stock fans choices.

Most stocks fell, MCC moved up today.
Glove stocks fell badly, MCC could be ex-glove stocks fan choices.

Prestar price should be at least RM1.60.

Prestar leads steel related stocks going up. Lionpsim should be the one to goes up due to highly undervalued.

Due to fall in ASP & many glove factories are going to open. Hard to see any bright future in glove stocks. Moreover, US, the major glove buyer, covid-19 condition become better and better as more and more Americans are vaccinated. Israel & UK covid-19 conditions are even much more better. UK covid-19 condition is improved by at least 96% even the use of vaccine, AstraZeneca. New glove players esp the part time one like AT will encounter dark future.

As inflation goes up, gold prices will goes up as well. If gold prices up, Tomei profit margin goes up. If gold prices down, Malaysian buy more gold, revenue up, Tomei profit goes up as well.
No matter how, Tomei profit still up that proven at the latest 3 quarterly result. Tomei earned 28.17cents in 3 latest quarterly result!!!.

https://www.investing.com/commodities/aluminum

Aluminum price increases 15-25% per quarter in this latest 3 quarter(From May-July2020, Aug-Oct2020-Nov2020-Jan2021)

In comparison for the same period, LBALUM, earning per share,EPS was consistently growing up in every 3 latest quarter i.e 1.74cent, 3.76cent & 5.99cent respectively.

From Feb -May2021, Aluminum price is increased from RM1964 to RM2420. Therefore, the upcoming EPS will increase as well.

Glove stocks drop badly due to the news of average selling price already drop that reflects in the SUPERMAX latest financial quarterly report. Glove stocks fall have cause FBMKLCI index falls as well and also drags other counters to fall even for the good counters that won't be affected by MCO. It is really emotional selling.

Even with MCO & CMCO, the profit margin & revenue of PRESTAR were still performing better at latest quarterly(31Mar2021) financial result. According to the financial report, Prestar is enjoying the continuous hike in steel prices esp its associate companies, Tashin & Posco-MKPC. Therefore, better margin to be confirmed for the the remaining financial year.

The PP fund will be used to future projects & expansion like upgrading the automation production facilities. Lastly, the Prestar prospect to remain positive & satisfactory.

Glove stocks drop badly due to the news of average selling price already drop that reflects in the SUPERMAX latest financial quarterly report.

Fantastic latest financial quarterly(31Mar2021) result, EPS=9.45cent. Both revenue and profit margin are also improved. Last quarterly(31Dec2020) result, EPS=8.12cent.

Confidently, I never sell a single share. People are just panic selling without referring to the Prestar's fundamental and never calculate the effect of PP.

The falls of the PRESTAR for its PP was overreacted today. The PP WAS approved @ 35th annual AGM, on 27July2020. The effect of this PP on earning, EPS is less than 10% i.e. THE EPS is around 7.4cents that it is still higher than the Astino EPS.
The directors/associate just want to share the profit.

The upcoming quarterly financial result is promising very good. This result should be out in less than 1 month time.

Just checked the total no of issued shares= 204,920,030, in which 10,887,300 shares are treasury shares. The remaining are 194,032,730 shares. Due to treasury shares are excluded, the total proposed PP will be maximized at 19,403,200.

Let see the effect of PP that dilute the EPS. Let use the latest EPS to calculte, EPS = 8.12 cent.

Maximum no of share after PP =204920030+19403200=224,323,230
Lets assume the same profit as previous one:

The EPS after PP = (204920030/224323230) x 8.12= 7.417cent

Let assume the average public share price is RM1.32, the PP share price is normally got 10% rebate,1.32x 0.9=RM1.19

The directors/associate need to pay RM1.19 for the new PP(maximized at 19,403,200 shares)

Still, the profit, EPS is still higher than Astino one.

Directors normally can get 10% discount from private placement. The proposed PP of up to 10% of the total number of issued shares. Directors want to share more profits which is allowed by the SC.

In compare with MRDIY & TOMEI of earning per share,EPS:

MRDIY: 3 latest financial quarterly results, the EPS was 1.86cent(30Sep2020), 1.72cent(31Dec2020) & 1.99cent(31Mar2021). In recent 3 quarters or 9 months, MRDIY earned 5.57cents!!!.
MRDIY share price is RM3.87

TOMEI: 3 latest financial quarterly results, the EPS was 9.82cent(30Sep2020), 8.42cent(31Dec2020) & 9.93cent(31Mar2021). In recent 3 quarters or 9 months, TOMEI earned 28.17cents!!!.
TOMEI share price is RM0.975

Lionind share price is still going up.

Financially, Lionpsim is much more better than Lionind. Lionpsim is never losing money since year 2017. Now, Net asset per share is RM3.15. Due to high inventory of steel and other hardwares, Lionpsim profit is promising very good. In fact, the target of RM1.00 is still really low. LIONPSIM will fly more than RM1.00

Wonderful and unbelievable latest quarterly result!!! TOMEI had just made it. The quarterly EPS is 9.93cent.

Result is the loudest sound that prove TOMEI is the King of the gold stock in Malaysia. TOMEI is also one of the most profitable stocks in Malaysia. Moreover, TOMEI is one of the most undervalued stocks in Malaysia.

Previous all nonsense critics like fallen gold price(actually less than 15% from the peak) will reduce retail profit and business. In fact, Tomei has a lot of gold inventory and even can buy 20%-30% cheaper gold supply from sellers who need cash urgently. Just study the latest financial result, latest quarterly revenue was RM244million that increased 46% in compare with the previous one, RM167million.

Tomei 3 latest financial quarterly results, the EPS was 9.82cent(30Sep2020), 8.42cent(31Dec2020) & 9.93cent(31Mar2021). In recent 3 quarters or 9 months, Tomei earned 28.17cents!!!.

Unlike construction and other many stocks, Tomei has no WARRANTS, PRIVATE PLACEMENT,PA,etc to dilute new investors profit/interest. USA PRINTING MACHINE never stop, all exports items prices increase steadily. Inflation will cause gold price up accordingly.

Tomei is all the investors choice in Malaysia stock now. Tomei should be worth at least RM2.00.
LIMIT UP!!!!

PRESTAR earning is better than ASTINO

EPS:
PRESTAR latest quarterly EPS is 8.12cent
ASTINO latest quarterly EPS is 6.34cent

Share price:
PRESTAR share price is RM1.35
ASTINO share price is RM1.65

Once upcoming quarterly financial result out, PRESTAR share price will up significantly since much better EPS is expected due to higher revenue & profit margin.

Price fall as private placement, RM1.55. Hope price falls below RM1.55 & the shareholders & associate will buy all the private placement share.

Less than 1 month the PRESTAR upcoming quarterly result will be out.

https://www.investing.com/commodities/ncdex-steel-futures

Steel price is still at uptrending path.

At least RM1.50 once upcoming quarterly result is out. The expected EPS is more than 10cent.