Posted by qamat88 > 2011-12-29 21:33 | Report Abuse

goo..goo.goo

Posted by tcr5585 > 2012-01-12 19:25 | Report Abuse

when goreng this counter ?

Posted by fcsavana > 2012-02-02 16:00 | Report Abuse

hi.i also waiting for this...i think is matter of time...

Posted by wakarimas > 2012-02-07 17:53 | Report Abuse

seems like very low d. Its time to keep it and goreng d

Posted by fcsavana > 2012-02-08 13:35 | Report Abuse

But its takes time...wu!!

Posted by tcr5585 > 2012-02-10 09:23 | Report Abuse

what is the TP, can sell it 0.61?

Posted by kcfan > 2012-05-15 21:12 | Report Abuse

Kinsteel Bhd returned to the black for its first quarter ended March 31, 2012 with a pre-tax profit of RM18.225 million
from a pre-tax loss of RM20.103 million last year.

Revenue for the three-month period, however, declined to RM506.074 million from RM555.597 million previously.

In a filing to Bursa Malaysia, the company attributed its return to profit mainly to the lower cost of raw materials and higher steel price.

The slight decrease in revenue, meanwhile, was driven by a slight drop in sales volume, it added.



Moving forward, Kinsteel said the demand for steel domestically will be supported by various government mega projects to be rolled out under the Economic Transformation Programme, while the outlook for the global steel industry is still promising.

"The company has embarked on the construction of a concentration and pelletising plant which, when completed, will reduce the group's reliance on imported pellets and exposure to raw material price fluctuations when it is fully operational.

"The group believes that the concentration and pelletising plant will significantly reduce the company's production costs, and hence enable it to position itself more competitively going forward," Kinsteel said. -- Bernama

Read more: Kinsteel returns to black in Q1 http://www.btimes.com.my/Current_News/BTIMES/articles/20120515204455/Article/index_html#ixzz1uwZAQHoX

Posted by kcfan > 2012-05-16 23:10 | Report Abuse

Maintaining forecasts for now. We have yet to impute the potential
one-off MYR9m compensation cost and our expectation of a stronger
2H12. We see a key risk in the volatility of the steel market, especially
in view of the European debt crisis and a slowdown in Chinese
construction activity. Nevertheless, the potential award of a mining
concession from the Terengganu state government to associate
Perwaja could serve as a re-rating catalyst.

Posted by kcfan > 2012-05-16 23:42 | Report Abuse

The second half of the large-scale plan to support Kum Kee Steel earnings call
Financial News Finance 2012-05-16 19:36
(KUALA LUMPUR) Kam Kee steel (Kinsteel, 5060, the board of industrial products shares) in the first quarter successful turnaround, analysts pointed out that the second half of the large-scale plan to stabilize the company needs, but the international steel market volatility risk .
Kum Kee Steel yesterday announced a performance from the current downturn, success in the first quarter and turn a profit, recorded a net profit of 10 million ringgit, the performance beyond the expectations of many brokers.
Maybank Investment Bank, for example, the bank would have thought that Kum Kee steel into the second half only to loss.
Results to restore the good rose orbit, successfully motivate the company's share price, the horse stocks today trapped in the doldrums, but Kum Kee steel sound rose, all-day share price Jan 1 cents, or 2.35 percent, reported that 43.5 cents.
Associated companies Baihua Jia Holdings (Perwaja, 5146, industrial products, shares) shares also rose, of Bi Shibao 57 cents, flat plate hanging income.
Maybank Kum Kee Steel's net profit rise, mainly because promote the Baihua Jia Holdings (Perwaja, 5 146 industrial products shares) (Kum Kee Steel holds 37% of the shares in this company); Kum Kee Iron and Steel in the first quarter of positive operating cash flow.
Europe's debt problems and construction activities to go slow, leading to fluctuations in the steel market, but the recent steel market has shown signs of recovery, the local large-scale construction activities can also be steady demand.
Cost slide promote earn pieces
Maybank Investment Bank said: "European debt issues and the slowdown in construction activity, leading to fluctuations in the steel market, the main risk of the Kum Kee steel."
The good news is that the operating power of the Kum Kee steel strong second half of the more large-scale projects, the company's profit performance escort.
RHB Investment Research analyst also said that a slowdown in China, weaker demand in developed countries reduced construction activity, may lead to a drop in demand, but raw material costs fall, but help to promote the steel industry profit increase.
At the same time, the MIDF signings data indicate that the field of International Iron and Steel has been exposed to signs of recovery, local construction activity will be steady demand.
"Many of the large-scale building projects to be promulgated, will promote the demand for steel, steel bars order in the next 5-10 years will be at least maintained."

Posted by kcfan > 2012-06-08 22:50 | Report Abuse

分析員認為，巴生谷捷運計劃的雙溪毛糯-加影線（KVMRT SBK）工程，為建築領域帶來的熱潮已過，建議轉看因需求高漲而前景看俏的建材股項。
巴生谷捷運計劃中的雙溪毛糯-加影線為經濟轉型執行方案（ETP）下，最大型的單項基建發展計劃，工程合約總值200億令吉。
截至目前，政府已發出了上述工程68%的工程合約，或相等於31份總值136億令吉的合約。
不過，馬銀行投資銀行研究分析員表示，料尚未發出的合約不會為研究的建築公司帶來更多好處，因為大部分的公司早前都已獲得合約。
資料顯示，當中22項合約即將公佈奪標者，而剩餘的33份合約將在未來數月內公開投標。
“反之，我們建議投資者轉看建材股。建材公司盈利料會隨著需求大增而上揚。”
分析員表示，建材公司因為上述基建工程而受惠，包括有鋼鐵業者為此工程供應50萬噸的鋼鐵。
他也因此看好鋼鐵領域的前景，並挑選安裕資源（AnnJoo，6556，主板工業產品股）和錦記鋼鐵（Kinsteel，5060，主板工業產品股）為領域首選。
環線捷運年杪前料獲批
另外，分析員根據顧問公司調查進度，估計政府將在今年杪前，核准環線捷運（Circle）和捷運3號線的工程，以配合在2013年啟動工程的目標。
分析員指出：“我們預料兩項新工程會在2013年末季公開投標，並最早在2013年杪或2014年初動工。”
據述，環線捷運長達39公里，而捷運3號線則50公里。

Posted by kcfan > 2012-06-09 15:38 | Report Abuse

OSK Research is maintaining a "neutral" call on steel manufacturer, Kinsteel Bhd, saying that it was not pinning too much hope on its business since the implementation of mega projects under the Economic Transformation Programme may encounter delay.

"However, we expect the better iron-making margin from cheaper iron ore pellets to more than compensate for the negative impact arising from the potential delay in the commissioning of the concentration and pelletization plant at Perwaya, Kinsteel's subsidiary," OSK Research said in its research notes.

OSK is maintaining its "neutral" call on Kinsteel with unchanged fair value of 49 sen.

MIDF Research, however, has upgraded its call to "buy" from a "neutral" recommendation on Kinsteel with a target price of 51 sen.

"Domestically, we expect orders for steel bars to be sustained at least in the next five to 10 years as there are plenty of sizeable construction projects currently ongoing, with more to be awarded," MIDF Research said.

MIDF Research said Kinsteel's stock price has declined by 15.7 per cent year to date.

"We believe that investors may have over-imputed the external risks for this stock. Hence, given the ample upside of 20 per cent, we are upgrading Kinsteel to 'buy'," MIDF Research said.

Kinsteel swung to profit after six quarters of net losses. It delivered a net profit of RM10.3 million for first quarter financial year 2012.

Posted by rookiemy > 2012-06-11 15:09 | Report Abuse

sure KIV this stock.

Posted by kcfan > 2012-06-11 21:26 | Report Abuse

KINSTEL (5060/0.435) Buy:Double Bottom

Posted by necro > 2012-06-12 13:52 | Report Abuse

1sen dividen come out....hahhahaha 1sen onli

Posted by kcfan > 2012-06-20 08:00 | Report Abuse

(KINSTEL, 5060, the Main Board of the Industrial Products Group) in the first quarter performance turnaround earlier out of a disadvantage than market expectations of future business prospects shine once again. especially the bottom rebound of the global steel market has shown signs of the company is expected from this turning point in a wash decadent air.

Posted by kcfan > 2012-06-20 20:55 | Report Abuse

STOCHASTIC
It is on an upswing.
With oversold technicals and Double Bottom up.

Posted by kcfan > 2012-07-23 20:59 | Report Abuse

Kinsteel’s 37%-owned Perwaja Steel is on track to obtain an iron ore mining concession in Bukit Besi from the Trengganu state government. The ore will be used as feedstock in Perwaja’s concentration and pelletising plant which is expected to come on stream end 2012. The pelletised iron ore will be used to produce direct reduction iron (DRI) which will be processed into steel. With control over feed stock prices, we expect the costs savings would lead to better profitability. Maintain Buy and RM0.70 TP on Kinsteel.

Posted by diablo88 > 2012-07-24 15:14 | Report Abuse

I got news that this is coming.

Posted by Nad11 > 2012-07-24 15:24 | Report Abuse

Reliable news? Too long stuck with it! Tq anyway.

Posted by diablo88 > 2012-07-24 15:34 | Report Abuse

not sure if anyone can get more reliable than the source directly link to the state gov :-)

Posted by bigyellow > 2012-07-24 22:22 | Report Abuse

will down more...

Posted by kcfan > 2012-07-24 22:29 | Report Abuse

Targeting to collect more during weakness.Foresee better explore by next year onward on expect orders for steel bars to be sustained at least in the next five to 10 years as there are plenty of sizeable construction projects currently ongoing, with more to be awarded.

Posted by diablo88 > 2012-07-25 09:36 | Report Abuse

you wait long long

Posted by diablo88 > 2012-08-13 11:28 | Report Abuse

another gentle reminder...

Posted by bigyellow > 2012-08-13 21:53 | Report Abuse

hovering around 0.40...

Posted by diablo88 > 2012-08-17 14:55 | Report Abuse

not going to be long before you are being smoke away

Posted by Chuchu > 2012-08-17 16:02 | Report Abuse

will KINSTEEL pull PERWAJA as well ?

Posted by mindstorm > 2012-08-18 00:01 | Report Abuse

diablo88 taiko...what do you mean by being "smoke away"? means this stock will crash?

Posted by bigyellow > 2012-08-20 01:00 | Report Abuse

hardly crash for now..need to monitor for longer period

Posted by diablo88 > 2012-08-22 13:54 | Report Abuse

it will no crash for sure. Some positive news will be out soon and you will never see this price anymore for sure.

Posted by mrkas > 2012-08-22 14:00 | Report Abuse

Too many bad news for steel related counters, so not a buy yet.

Posted by datuk > 2012-08-22 14:05 | Report Abuse

I think Lion industries is a better choice if compared to Kinsteel on valuation wise and the potential of new investor from china.

Posted by Nelson Yoong > 2012-08-22 14:20 | Report Abuse

i agreed share price will double in one year 2013

Posted by diablo88 > 2012-08-23 10:40 | Report Abuse

open your eyes big big and watch if I am wrong

Posted by diablo88 > 2012-09-10 13:19 | Report Abuse

good news coming in for kinstel
http://www.theedgemalaysia.com/business-news/220113-perwaja-up-at-noon-.html

Posted by diablo88 > 2012-09-19 09:42 | Report Abuse

do not miss the boat

Posted by malas > 2012-09-25 00:07 | Report Abuse

olala...this counter in sleeping mode..

Posted by diablo88 > 2012-09-28 11:01 | Report Abuse

not for long....heard something is coming

Posted by Wei Zhe Lee > 2012-09-28 11:23 | Report Abuse

what thing?

Posted by diablo88 > 2012-09-28 11:33 | Report Abuse

something la..I cannot tell you more now...just watch out and if you make profit just thank me.

Posted by diablo88 > 2012-10-03 09:15 | Report Abuse

believe me now.... :)

Posted by Wei Zhe Lee > 2012-10-03 10:47 | Report Abuse

No I still dont believe you
hehe

Posted by diablo88 > 2012-10-03 11:47 | Report Abuse

you will regret it

Posted by Melvin Gan > 2012-10-04 13:56 | Report Abuse

Wa Diablo where you gain your confident ?

Posted by diablo88 > 2012-10-09 11:41 | Report Abuse

from the facts

Posted by wolverine > 2012-10-09 16:06 | Report Abuse

@diablo88
I was just wondering if KINSTEEL will have some kind of effect on PERWAJA.

Posted by wolverine > 2012-10-09 16:08 | Report Abuse

@diablo88

What about PERWAJA ? I was just wondering if that "Something" for KINSTEEL will have some kind of effect on PERWAJA.

Posted by kawelegen > 2012-10-10 15:57 | Report Abuse

Now Kinsteel up 1.5 but perwaja down 1.5 cent. So the potential news is good to Kinsteel but bad to Perwaja. Thinking now......

Posted by diablo88 > 2012-10-10 17:01 | Report Abuse

usually is the other round...kinsteel own perwaja. :)

Posted by EKLIM > 2012-10-12 15:02 | Report Abuse

Anybody buying Kinstel.... it seem that the director is buying back the share.