Interesting to note koko888 buy ssteel and not annjoo, maybe ssteel more undervalue ?

With the termination, opposition now cannot say govt sell off Malaysia to china man. Smart political move.

If not for the coming Malaysia election, it will be foolish for China govt to disapprove China investment in the Bandar Malaysia project.

As China is vying for the HSR project, which has planned depot in Bandar Malaysia, it is conducive that China be involved in the Bandar Malaysia project to have higher chances for the HSR project. Mof termination anf China govt "non-approval" for investment in Bandar Malaysia may just be wayang for the coming Malaysia election. After election, hey China is back !! ... and insiders earn second round ! Big Huat X 2 !!

Without the Other operating income of RM17.4 million, 4Q 2016 PAT is only RM91,000.00 !
or EPS < 0.01 sen ! Interesting to see 1Q result.

Not bad result, even got dividend ! Juicy......... ! With extension of the safeguard duties, look like this high level earning may sustain for quite some time .... Geng !

siewann19, not worry about the expansion. It is the private placement that is worrying. The buying parties definitely want to buy cheap. Just like the last one in Mac'16 bought at 14.3 sen.
Nevertheless I OPINE that whether private placement or not, after JKR money start to come in on July, price should go up substantially.

May not sustain 8 sen EPS due to:-
1. "The positive impact of the provisional safeguard duties effective from 26 September 2016 was
reduced by imports from other countries not covered by the measures ...."
2. "margin may be under pressure due to higher cost of incoming raw materials..."
(quoted from last Q report - Prospect)

Patient guys ! 3Q result coming in 1 to 3 weeks time. It will confirm whether hunger/gwansoo or MrPauper/probability is correct. 3Q must at least maintain last quarter profit of RM45m, then can it really move, otherwise .......

Albukhary, maybe the expansion below may warrant some extra fund:-
"Digistar will invest approximately RM40 Million for this expansion and will setup approximately 30 service centre and concept stores nationwide in 5 years time."
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5365949
Just a thought, don't mean to pour cold water.

birkincollector, maybe another private placement in the bag?

It was indirect disposal, just like the disposal on Dec'15 to Feb'16.

Definitely will go below 0.30

Major dispose shares from 22 Dec 2015 to Feb 2016, after that price start to drop from 0.20 to 0.16 from Feb 2016 onward. Thereafter major buy back cheap again. May repeat this time.

major start disposing, not a good sign if refer to past records.

waiting for 3Q report ..... should be out soon ....

If 3Q maintain or higher than last quarter profit - RM45m, then can really move, otherwise ........