I'm not really concern on parkson loss as it's all forecasted. I'm more concern to know how much can they profit from steel this quarter. Any forecast and calculation please?

Last year was dual effect. Steel business which contribute the most income was terrible. Read the report it stated 22 millions from associated company and It's not even 5% of the total lost of that quarter.

Just an estimation. Roughly around 20 million loss.
If I just estimate FY17 EPS to be 18 which this quarter to be 3.
Given PE 7 (Anjoo, Masteel, Ssteel are around PE 9), it should worth 1.26.

Tomorrow will not up or down. It's Saturday!
Guys let's enjoy your weekend and stop arguing. Cheers!

People saying QR good or bad w/o facts and figures are fool.
Neither me knows if its good or bad. What can I do is just planning my strategy. This counter is lagged behind on the valuation and its on support level. Parkson's losses take only small portion of total P/L and it has been projected in share price as well.

Think about it.

Result is good but its only fit to the consensus. PE is already above the average steel counter.

You guys should look at Lionind which has similar product like Annjoo & Ssteel. Undervalued and lagged behind other steel counter.

PBB remained TP of 1.86. Profit excludes one-off gain on disposal of machinery of RM3.0m in 1QFY17 and gain on forex.

https://klse.i3investor.com/servlets/ptres/41794.jsp

Long term investor can continue to hold but it is definitely not encourage to buy now. It needs to go lower.

Today overall market sentiment is not good plus steel counters are mostly affected by SSTEEL and profit taking on others. However, Lionind is lagged behind and undervalued comparing to the other steel counter due to bigger uncertainties. So, I am not afraid of big fall, that will only happen to those counters that have been goreng up too much. The only thing I concern is the upcoming QR, that will decide where Lionind go and I am positive with it. Continue holding.

Good to see so many people throwing their share at 1.12 now yet sustaining. So when result releases with good profit, it can go much further up.

I have confident in this counter from its fundamental. I'll keep buying more on dips. Also for its warrant at discounted price.

Slowly buy a bit a bit on weakness. F&B is stable industry. Buy on weakness and hold.

Few cent only you also want to sell. How to earn big money in share market?
It's better to trade in forex or commodities if you like to scalp trade.

Sudden suspension without any announcement?

This is a good company, just that the valuation is too high. It needs to take a break.

Greedy when others are in fear...

Lol. What a joker.

Sell on news?

500,000 share at RM 0.9444 added.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5524821

This possible incident has already factored into share price. I am positive to the price movement after QR announcement.

This counter is lagged behind other major steel counter partly due to uncertainties brought by Parkson.

Probably today after market closed.

lee0525

it has been scheduled?

QR is likely to release today. As long as no any losses, any profit will make lionind run.

Profit double up. Now we know yesterday was insider buying.

Yup. Possible for FY 18

Dnex went holland alrdy. TP 7.50 better

Okok. I hope EPS 30 also. Good luck to us.

Blow too big sia you. EPS 30? In your dream maybe. I'm holding this share too but let's be realistic don't simply blow. I'm looking at EPS 20.

It's expecting to pay dividend this year which it has already stopped paying for 2 years.

Conservative assumption. 0 profit this QR. Given fair PE at 8. It should worth around 1.20.
The main concern of this counter being price conservative is the losses from parkson but its effect has been included in the share price. The main income of Lionnid is derived from the steel which will definitely contribute profit in this QR.
Assuming EPS 5 for this quarter. Lionnid could worth around RM 1.60.

I'm selling off some warrant to lock profit. Queuing at 0.67.

My average price for warrant is 0.515. Mother is 1.41. Gonna hold longer. Buying and selling, in and out in such a short price difference will not make you rich.

If the result releases with improvement (likely to happen). This undervalued and strong fundamental company will definitely run.

Wait 1.80 only buy? By the time you already earn much lesser.
Coldeye & WB's rule. Buy when there is no one is buying. Apply to good fundamental and undervalued company like Johotin.

EPS fell from 18.46 to 5.68. That's quite a lot and makes annjoo look expensive. Those people who claim steel counter will perform next quarter, why wouldn't I seek for another steel counter which present stable profit while having lower PE.

Roughly answer some question here.

Doesn't matter the day of clearing or what. It depends on the day you done the trade. After ex-date which is today, it doesn't matter anymore as only holder before ex date will be entitled for the repayment. So you can see the price adjustment accordingly today but closing price depends on market sentiment.

Profit fell more than 60%.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5522449

Fell more than 30%.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5522125

3.1 million of profit. 10 times more. Going to fly.

@shinningStarBN

Check out Melbourne income and say it again.

Buy more. QR will be releasing soon.

Find a nice price and sell it off.

The special dividend is just due to disposal and its an one time off dividend. It has been announced earlier so not really a surprise, will not go too far. Back to the fundamental, STAR reported a y-o-y 50% loss in profit. Meanwhile first interim dividend reduced from 9 sen to 6 sen.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5520897

Fell a lot.

PE too high. Switch to KUB better.

Terrible. Share consolidation again.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5519641

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5519221

Fell more than 50%

Wrong counting Sir, it was 1,744,700

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5518997

I'm not his follower but the statement of completing RM 2 billion was said by Mr Nathan the CEO but not Mr Koon. One thing for sure is the profit for YOY will definitely increase but has already projected in share price. Mr Koon is a long term investor, there is no problem to wait for months of years.

Anyway, I'll not buy at this price but happy to collect below RM 1.