KINSTEEL BHD

KLSE (MYR): KINSTEL (5060)

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Last Price

0.005

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


5 people like this.

1,503 comment(s). Last comment by Jokers2020 2019-12-19 21:34

supernova

1,923 posts

Posted by supernova > 2015-07-15 16:11 | Report Abuse

not everyone aware the announcement

gohcm

81 posts

Posted by gohcm > 2015-07-15 16:13 | Report Abuse

Kinstel broke out from multi month downtrend. will share the chart tonight.

HITnRUN

298 posts

Posted by HITnRUN > 2015-07-15 16:37 | Report Abuse

my purchase price is 61cents, long way to go and pants dropped.

cherry88

980 posts

Posted by cherry88 > 2015-07-15 16:41 | Report Abuse

buy now to average.....

supernova

1,923 posts

Posted by supernova > 2015-07-15 16:44 | Report Abuse

pre closing, nothing much can do now, lets see tomolo half day show oni

niatfaez

250 posts

Posted by niatfaez > 2015-07-15 16:54 | Report Abuse

Next TP?

IVAN2222

2,094 posts

Posted by IVAN2222 > 2015-07-15 16:54 | Report Abuse

see ...as i said....

IVAN2222

2,094 posts

Posted by IVAN2222 > 2015-07-15 17:01 | Report Abuse

next tp if good one is 0.21, otherwise fall back to 0.18 then 0.15 as usual

cherry88

980 posts

Posted by cherry88 > 2015-07-15 17:27 | Report Abuse

You win......must win you back tomorrow....haha...thanks

nanaour

200 posts

Posted by nanaour > 2015-07-15 17:30 | Report Abuse

tp for tomorrow ?

calvintaneng

54,335 posts

Posted by calvintaneng > 2015-07-15 17:42 | Report Abuse

Calvin's Advise

Kingsteel has only 15 cents NTA while price is 19,5 cents. Now in goreng mode.

Masteel is 49 cents with SOLID NTA over Rm2.35.

Better switch overvalued Kinstel to Deeply Undervalue Masteel!

cherry88

980 posts

Posted by cherry88 > 2015-07-15 22:31 | Report Abuse

Finally, the BIG news has arrived.....for those who interested, please take action before it go limit up later.....

nanaour

200 posts

Posted by nanaour > 2015-07-16 09:10 | Report Abuse

y down

supernova

1,923 posts

Posted by supernova > 2015-07-16 09:14 | Report Abuse

most investor in kampung raya now redi

kampung no net

bull8888

772 posts

Posted by bull8888 > 2015-07-16 09:15 | Report Abuse

Perwaja had limit up
So just wait For kinstel turn
Huat arrrrrrrrrrrr !!

IVAN2222

2,094 posts

Posted by IVAN2222 > 2015-07-16 09:36 | Report Abuse

No more show...kinsteel bye bye

IVAN2222

2,094 posts

Posted by IVAN2222 > 2015-07-16 09:36 | Report Abuse

Those never believe me hahaha....bye bye

hockhuat

329 posts

Posted by hockhuat > 2015-07-16 09:37 | Report Abuse

Huat??...after this news kinsteel heading to 0.130

supernova

1,923 posts

Posted by supernova > 2015-07-16 09:41 | Report Abuse

sourgrapes everywhere, hue hue

supernova

1,923 posts

Posted by supernova > 2015-07-16 09:42 | Report Abuse

he thinks he is the only one here with brains.

IVAN2222

2,094 posts

Posted by IVAN2222 > 2015-07-16 10:58 | Report Abuse

will back to 0.16 then back to 0.14....see it soon

Posted by sharedirector > 2015-07-16 11:53 | Report Abuse

be careful of this stock....

runnerman

678 posts

Posted by runnerman > 2015-07-16 14:42 | Report Abuse

Just hold.tp rhb 0.24.so wait...it will touch 0.3....moving together perwaja

Youghin

642 posts

Posted by Youghin > 2015-07-16 17:56 | Report Abuse

i bought at 0.180, should i let go on Monday? still has hope to let go at 0.190/0.195?

Youghin

642 posts

Posted by Youghin > 2015-07-16 18:01 | Report Abuse

Ivan2222 sifu~~~any suggestion?

IVAN2222

2,094 posts

Posted by IVAN2222 > 2015-07-16 18:21 | Report Abuse

If Monday maintains at 0.17 - 0.18 still got hope if falls down then faster sell...will down to 0.15 back....remember my point

Youghin

642 posts

Posted by Youghin > 2015-07-16 19:38 | Report Abuse

Mr IVAN2222, can we talk in private? my whatsapp 016-2070817

WINNING

1,715 posts

Posted by WINNING > 2015-07-19 13:10 | Report Abuse

osk-rhb target 0.24 cents., must be good news coming.

runnerman

678 posts

Posted by runnerman > 2015-07-19 13:13 | Report Abuse

If deal btul dgn cina tu..price should be 0.5

Posted by sayakamiyuki > 2015-07-19 13:25 | Report Abuse

Osk -rhb tipu your guy to buy, then they sell. Haha

paperplane2

3,235 posts

Posted by paperplane2 > 2015-07-19 16:32 | Report Abuse

Only idiots. Buy this stock and perwaja

bjgdila123

3,466 posts

Posted by bjgdila123 > 2015-07-20 09:25 | Report Abuse

puuiiii

Paul Ting

80 posts

Posted by Paul Ting > 2015-07-21 00:00 | Report Abuse

Uptrend

Meli wang

225 posts

Posted by Meli wang > 2015-07-21 03:38 | Report Abuse

fsrget price RM0.09

TomyamGong

4,135 posts

Posted by TomyamGong > 2015-07-22 11:16 | Report Abuse

engine start ?

TomyamGong

4,135 posts

Posted by TomyamGong > 2015-07-22 11:17 | Report Abuse

if break 0.20 resistence consider uptrend

IVAN2222

2,094 posts

Posted by IVAN2222 > 2015-07-23 10:44 | Report Abuse

hi everyone..kinstel is coming...grab before it fly

IVAN2222

2,094 posts

Posted by IVAN2222 > 2015-07-23 10:44 | Report Abuse

1st resistance 0.18..2nd resistance 0.22...

IVAN2222

2,094 posts

Posted by IVAN2222 > 2015-07-23 10:44 | Report Abuse

sorry make a mistake..1st resistance 0.19

TomyamGong

4,135 posts

Posted by TomyamGong > 2015-07-23 11:14 | Report Abuse

ini kalilah ??

TomyamGong

4,135 posts

Posted by TomyamGong > 2015-07-23 15:25 | Report Abuse

IVAN : your kinstel seems lack of energy .. no fuel to fly. hahaa

Double10

16 posts

Posted by Double10 > 2015-07-24 03:57 | Report Abuse

Since KINSTEL has 62% or 173m of PERWAJA-LA, its net asset value should increase by another 17 sen after restructuring.

This is why. Based on the proposed restructuring plan, after a reduction of 30% of PERWAJA-LA of nominal value RM1.00 to RM0.70 a piece, every 1 PERWAJA-LA will be converted into 3.5 new Perwaja shares @RM0.20. Currently the PERWAJA mother share price is RM0.290, so PERWAJA-LA will be worth RM1.02.

173m x RM1.02 = RM178m. This is almost the current market capitalization of KINSTEL.
Divided by share base of 1,029 million shares, this gives an extra value of 17 sen per share.

TomyamGong

4,135 posts

Posted by TomyamGong > 2015-07-24 10:47 | Report Abuse

Double10, what is your conclusion about the above statements ? how would it effects kinstel ?

aliyusof

1,393 posts

Posted by aliyusof > 2015-07-27 15:02 | Report Abuse

Perwaja Steel director charged with 17 counts of CBT [ http://www.freemalaysiatoday.com/category/nation/2015/07/27/perwaja-steel-director-charged-with-17-counts-of-cbt/ ]

aliyusof

1,393 posts

Posted by aliyusof > 2015-07-29 19:50 | Report Abuse

This company is saddled with massive debts to the tune of about a few billions, with gearing ratio of 17 or 18 times. How can it ever can return to profitability, especially in times of bad steel market? Besides, its bank facilities are all frozen and have difficulty of paying staff salary, as reported in last Saturday Starbiz. And also burdened by their corporate guarantee of a large portion of Perwaja's bank borrowing. Please be cautious in your investment in this counter, at your risk.

aliyusof

1,393 posts

Posted by aliyusof > 2015-10-05 08:00 | Report Abuse

Company Announcements | Bursa Malaysia Market - http://www.bursamalaysia.com/market/listed-companies/company-announcements/4883865

apanama

3,796 posts

Posted by apanama > 2015-10-05 11:45 | Report Abuse

buy when other people too scared...:)

apanama

3,796 posts

Posted by apanama > 2015-10-05 11:46 | Report Abuse

oh ya..sell when other people too eager to buy...Steel definitely is a good and booming sector post Budget 2016...Husni already said it ..DEVELOPMENT EXPENDITURE..

apanama

3,796 posts

Posted by apanama > 2015-10-05 23:31 | Report Abuse

as contrarian..i am always inside when other people outside..based on my limited knowledge..buy steel when its too green..coz..once its too red..the Steel will go up..logic..nak panaskan besi ke panas..betul betul panas..so MERAH baru Steel jalan..so bila waktu terlalu hijau..mereka steel hybernate..tapi ..tak lama dah market nak terlalu hijau..it will kembali merah..:)...ooops...:)

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