masteel result is so much better than lionind which is still making loss after minus their one off gain.. go go go masteel

we dun know what is the subscription rate to the right issue yet, it will be alot smaller than the company proposes coz not everyone will subscribe, and whoever wants to subscribe will try to push up higher so that they can profit. who want to pay extra if it is not going to profit them? Plus the right issues hasnt been approved and issue yet, imagine masteel going below 50 or 40c in this recovery phase when masteel is going to turn profit? impossible right? thats why i feel masteel has very low downsize risk. Plus the money they collect from right issues will help the company to turn profit sooner too so its not necessarily bad

Yes John1234 they have to make right issues attractive to rack in more cash for the company, who wouldnt be attracted to right issue that can give u potential 40-50% gain in short term

true, masteel chart has shown a solid uptrend, with lionind taking so much leap ahead it is safe to say that the risk is relatively low to go in now, now it is only 60cents, and lionind already at 90cents, after covid vaccine out the price will be at least return to rm1 by the end of the year. low risk, high return, a solid choice

with current risk to reward ratio, this stock is a no brainer, an increase to rm11 will already give a 40% upside. I have already started accumulating

As the price of the crude oil is not going to go back to usd100 range, airline sectors are expected to be benefited, as guided by Boeing recent qr, the demand of the airplane is going to increase steadily as more and more people are using aeroplane as their preferred transportation, even for domestic destination. It is a rare opportunities to be able to invest in an aerospace company as there are not many in our region due to the high entry barrier. We can see from how the major shareholders (Temasek etc) are not letting go any of the shares and they just barely maintain the minimum free float shares in the market so that it can be remained as a listed company

the quarter result showed steady growth in the aerospace division, in-line with analyst and management expectation. It has been 3 years since the shareprice reached rm7-8 region, and it is picking up momentum again this year. The net profit in the last few quarters are among the highest to-date, averaging around 18-19million. My opninion is that the downside is limited as even in this bear market the share price is holding on. With clear earning growth visibilty in the coming years, there is no doubt that SAM share price is poised for another breakout like 3 years ago.

anyone knows when rexit will be eligible to be transfered to main board?

its reflecting the general market sentiment, currently consolidating well between 1.65-1.70, with a strong support 1.60 level. Once the market sentiment improve, this will be a good reversing point

The selling of the director seems to have stopped and now company begins to share buy back...a show of confidence.. definitely worth a look now

profit mostly from "other operating income" without much explanation. Anybodycan shed lights on what is "realising market value" that the company mentioned about? or just another gimmick to manipulate the earning?

revenue almost doubled in the recent qr. with huge order book in the pocket, more should come for pestech, just broke resistance 1.88 with good volume

that is a strong closing, with all the warrant still have much to catch up to mother, even mother going thru correction, all the warrant still has quite a big margin of safety. I expect mother will continue up now that there is not much overhead resistance

break rm1 without with ease, now with all the gap close, TA wise the reversal has already been established, looking at the volume it is unlikely to be a fake push up, warrant will catch up soon once everyone realize the breakout is solid

after breaking out from the 1 year resistance at 1.77, pestech has pullback slightly from the initial surge with low volume, this is a healthy correction where one can collect before it continue further up >Rm2 TA wise

coversion for PA is 0.72 while LA is 0.77, both are clearly still undervalued, for mother price at rm 0.97, PA should worth 0.25 while LA should worth 0.2, with mother price closing the gap soon, There should be more than 50% upside for LA and PA

actually technical wise, there has been a cup and handle breakout with the cup span from 2009 to 2017, and the handle are almost done by now, looking at the previous high, and the amount of time this cup and handle span, the breakout can be very huge

very healthy price consolidation. even tho surge so much but not much vol now showed that the show hasnt finish yet, only waiting weak holder to clear finish

The management has guided that they are confident of the performace of coming financial year. At this price, rexit is providing a very attractive DY which should attract long term investor. Hence, i think this consolidating period will end pretty soon and whoever wish to collect for long term can watch out for any reversal sign, which should be ard 73-75 cents. Plus, bank negara is currently trying to increase insurance penetration among malaysian by bringing down the cost of agent. This sits very well with the service rexit is providing esp those which are "pay per use". This can come as a potential surprise for this counter