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veln82k6 | Joined since 2013-10-09

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Stock
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2017-09-19 20:55 | Report Abuse

Lion is very behind compare to other 3 steel shares. I believe will catch up once all production line operate..

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2017-09-15 14:06 | Report Abuse

If next quarter profit reach 80m target price 2 is not a problem

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2017-09-14 18:12 | Report Abuse

Seems like amsteel only produce certain size of of steel for Y-16 -32 ..

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2017-09-14 09:37 | Report Abuse

Lion is black horse quite behind. All other aldy up..

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2017-09-13 23:14 | Report Abuse

New high again steel price.. Go go go ssteel

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2017-09-07 19:33 | Report Abuse

Parkson n financing factor ..

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2017-09-07 12:58 | Report Abuse

10cent behind masteel aldy. Seller too much make it difficult to move..

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2017-09-06 22:27 | Report Abuse

Ssteel will run faster when the reseach house has buy call..

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2017-09-06 12:50 | Report Abuse

Amsteel pricing refer to lionind ?
Southern pricing refer to ssteel ?

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2017-09-05 13:39 | Report Abuse

1.13 is too cheap. Cheaper than masteel.

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2017-09-02 22:25 | Report Abuse

Just be careful. Got total 6 million of foreign gain in Q2 2017 that push the profit up.

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2017-08-30 11:54 | Report Abuse

Going to test new high

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2017-08-29 23:21 | Report Abuse

The best in steel share. Just hold on..

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2017-08-29 23:10 | Report Abuse

Ya. Just watch. Collect some if drop.

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2017-08-29 20:40 | Report Abuse

Balance sheet improved lot. Receivables and payables decrease and the only steel mill with net cash of 100 million among the big 4. Any weakness is good to collect.

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2017-08-29 18:45 | Report Abuse

Overall the worst should be over for lion. Next financial profit ex parkson should be better .

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2017-08-29 18:09 | Report Abuse

Not very good. Every yr parkson issue n impairment

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2017-08-29 07:38 | Report Abuse

So 75% is 10m less 20m loss fron associate . Net still loss 10m. Wait n see its core profit liao..

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2017-08-28 21:58 | Report Abuse

Core profit not bad. Last yr high profit due to spike in steel price. Better than last quarter..

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2017-08-28 13:12 | Report Abuse

At least can get 10m net profit.

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2017-08-27 14:45 | Report Abuse

Normally lion has large impairment loss provided for Q4. So prepared for the worst if any.

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2017-08-27 14:41 | Report Abuse

I think parkson loss already reflect in the price already. The only concern now is its core profit. Inventories for lion is quite low compare to anjoo and ssteel. Should less impacted by the increase in material cost.

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2017-08-25 23:33 | Report Abuse

At least 20m loss from associate this quarter..

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2017-08-25 22:30 | Report Abuse

Parkson loss RM33m in Q3 2017.If based on 23% holding in parkson the share of loss for lion should be RM7.59m. But account only show RM6.1M. So I think share of loss for this quarter should be around RM20m

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2017-08-25 19:10 | Report Abuse

Not bad parkson lo. Loss due to imparment loss of 92million.

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2017-08-24 16:43 | Report Abuse

Cannot move at all. Keep dump

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2017-08-24 15:28 | Report Abuse

The IR just said quarterly result must out latest by 30 August. Doesnt mean out on 30 August

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2017-08-24 14:51 | Report Abuse

Big guy keep distribute share when up

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2017-08-23 18:54 | Report Abuse

We are are laughing all the way to the bank suregain.

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2017-08-23 18:52 | Report Abuse

Where are suregain. It is really not bad lo today
Hahaha...

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2017-08-23 15:30 | Report Abuse

Operator keep push down lo.

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2017-08-23 13:02 | Report Abuse

Parkson loss will not affect lion operation. Just loss on investment only. Buy buy buy 3

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2017-08-23 11:37 | Report Abuse

Price start up..

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2017-08-22 23:40 | Report Abuse

The market aldy reflect in the profit. Unlikely to drop below 3.10. I believe the worst is over and going forward the price will move upwards.

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2017-08-22 19:59 | Report Abuse

Ok lo. Profit not bad.

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2017-08-22 13:00 | Report Abuse

Someone/ fund take opportunity selling on strength..

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2017-08-22 00:03 | Report Abuse

Just be patient. The price will move up again slowly..

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2017-08-21 23:13 | Report Abuse

As expected profit for steel counter will not perform well this quarter due to high selling price in corresponding quarter.

The profit actually not bad. High profit in corresponding quarter due to spike in selling price. The profit increase slowly in the latest 3 quarter .Inventories start increasing meaning more sales coming in in future. So expect going forward profit will increase compare in this quarter.

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2017-08-21 23:03 | Report Abuse

As expected profit for steel counter will not perform well due to high selling price in corresponding quarter. Expect next quarter will perform well..

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2017-08-21 00:25 | Report Abuse

My comment on big 3

Annjoo -
1) Capacity constraint but with highest profit margin among all.

2) Pay good dividends after making profit

SSteel -
1) 2nd largest capacity after Lion Industries but profit margin is lower than anjoo. If able to run at full capacity I believe profit will increase at least 40% again.

2)Strong support from Hong Leong Group (financing and marketing network)

3) Pay dividends after making profit


Lion Industries -
1)Has largest production capacity but profit margin is lower than anjoo. If able to run at full capacity I believe profit will increase at least 50% again. Not sure when banting plant will commence operation. Need to overcome financing constraint as it will need more financing from the bank to purchase raw material if commence operation. despite it is in net cash position. Not sure whether bank will give more loan as the company is affected by other related companies.(LIon corp, parkson,etc)

2) Parkon factor (impairment loss).

3) No dividend. But expect to declared dividend again in FY2017 to attract more investors

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2017-08-20 12:19 | Report Abuse

Local consumption for steel bar and wire rod around 5.7 million tons and 5.8 million tons in 2014 and 2015 with 1.90 million tons and 2.52 millions tons are imported. Based on the production capacity for the mill taken from thestar, I expect the mill will run at full capacity going forward.

http://www.thestar.com.my/business/business-news/2016/12/12/earnings-up-cycle-seen-for-steel-companies/

As the mill still not yet fully recover all its production line, i expect the steel price will continue to rise in short term until all the mill running at full capacity. Expect sales to increase at least 40% going forward as no more import from China where the price is higher.

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2017-08-17 16:03 | Report Abuse

Too much selling volume. Difficult to go up. Pefer ssteel than lion.

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2017-08-17 07:33 | Report Abuse

Good.. go go go. TARGET 4 ++

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2017-08-16 20:57 | Report Abuse

This counter any time explode. This quarter will announce record profit around 47 million due to gain on disposal of land