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

Posted by Hafidz Anuwar > 2016-10-20 15:54 | Report Abuse

where can I get the financial data for the year of 2013 for this company?..thanks..

fl888

7,551 posts

Posted by fl888 > 2016-10-24 11:22 | Report Abuse

Government friendly company, got good chance to rally ?

aliyusof

1,393 posts

Posted by aliyusof > 2016-10-27 11:24 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5242477
"Force selling via credit control???)

aliyusof

1,393 posts

Posted by aliyusof > 2016-10-28 07:38 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5244061
Sudah masuk wad ICU ....PN17 company

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2016-10-28 07:46 | Report Abuse

GAEM OVER

Posted by Mohd Fahmi Bin Jaes > 2016-10-28 08:43 | Report Abuse

Kinsteel falls into PN17

KUALA LUMPUR: Kinsteel Bhd has become the latest steel company to be classified as a Practice Note 17 (PN17) issuer, as its auditors have expressed a disclaimer opinion in its latest audited financial statements for the year ended June 30, 2016 (FY16).

FX Lee

5,194 posts

Posted by FX Lee > 2016-10-28 10:13 | Report Abuse

omg.... one more PN17

JackMa123

118 posts

Posted by JackMa123 > 2016-10-28 10:32 | Report Abuse

PN17 consider bankruptcy?

0008

1,603 posts

Posted by 0008 > 2016-10-28 10:34 | Report Abuse

Haha ! Fx Lee , now just started only , next year onward I
think will have 10-20% listed company fall into
Pn 17 ! Becarefull ! Happy trading !

FX Lee

5,194 posts

Posted by FX Lee > 2016-10-28 10:39 | Report Abuse

next maybe sumatec lo, can know wat, those always default one mah masuk PN17 lo

JackMa123

118 posts

Posted by JackMa123 > 2016-10-28 10:47 | Report Abuse

mean Game over? But observed still many buyers in queue, maybe is a fake?

JackMa123

118 posts

Posted by JackMa123 > 2016-10-28 10:52 | Report Abuse

suspect they do this, is to give new boards acquire?

stonenut2

838 posts

Posted by stonenut2 > 2016-10-28 11:04 | Report Abuse

Bankrupt???!!!!

aliyusof

1,393 posts

Posted by aliyusof > 2016-10-28 11:06 | Report Abuse

Already warned a few times here to be cautious on this counter and also Perwaja but many still did not think so. Just look at their horrible accounts, gone long time ago. Perwaja ceased operation totally for 3 years, yet its share price is still 9 cts. Wonder.

yewe83

190 posts

Posted by yewe83 > 2016-10-28 11:06 | Report Abuse

Gone case.

Posted by khatulistiwa1234 > 2016-10-28 11:17 | Report Abuse

PN17 , follow ind corp step , go to hell entrant , reborn .

Jacky Yip

94 posts

Posted by Jacky Yip > 2016-10-28 11:27 | Report Abuse

die hard

MyInvest

496 posts

Posted by MyInvest > 2016-10-28 11:57 | Report Abuse

crazy127 Will go to 0.02
13/09/2016 15:10

MyInvest

496 posts

Posted by MyInvest > 2016-10-28 11:58 | Report Abuse

Crazy127 predictions were good.

greatful

1,644 posts

Posted by greatful > 2016-10-28 15:02 | Report Abuse

PN17 means not good? Not really. Ever seen PN17 unlift and move crazily? Maybe can try some units. Either zero or at least triple return. Who dare?

aliyusof

1,393 posts

Posted by aliyusof > 2016-10-28 15:42 | Report Abuse

Correct. Big win or total loss case.

bjgdila123

3,464 posts

Posted by bjgdila123 > 2016-10-28 17:25 | Report Abuse

maut lah ini kaunter

Aleo Low

115 posts

Posted by Aleo Low > 2016-10-28 18:50 | Report Abuse

Big boss also no eyes view!!!!

UniC

482 posts

Posted by UniC > 2016-10-28 18:51 | Report Abuse

King of Steal?

AyamDua

134 posts

Posted by AyamDua > 2016-10-28 22:06 | Report Abuse

Ayam tua bought GLOTEC 10 sen and GADANG 90 sen.
GLOTEC lose 50%
GADANG profit 300% !!!
PERISAI losses 90%
PUC losses 50%

-0.5 + 2.0 - 0.1 - 0.5 = 0.9

Congratulations.

Ayam Tua, you still profit 90% from your GLOTEC/PERISAI/GADANG/PUC picks.
[bought all equaly once]

Brilliant you, Ayamtua.. SALUTE YOU!

THANK YOU. AyamTUa,... pasti tuju langit.

Thank you for you net 90%.... profit, especially with help of GADANG.

aliyusof

1,393 posts

Posted by aliyusof > 2016-10-29 07:35 | Report Abuse

LGMGL, another forced selling of major owner shares...cepat lari

alvinchiam

1,555 posts

Posted by alvinchiam > 2016-10-29 09:42 | Report Abuse

buy...

alvinchiam

1,555 posts

Posted by alvinchiam > 2016-10-29 09:44 | Report Abuse

u lari u mati.. now... dont worry..

alvinchiam

1,555 posts

Posted by alvinchiam > 2016-10-29 09:45 | Report Abuse

is a trick... who buy now...? ha ha . u know...?

alvinchiam

1,555 posts

Posted by alvinchiam > 2016-10-29 09:46 | Report Abuse

buy kinstel.. and perwaja.. u know...? ha ha...

alvinchiam

1,555 posts

Posted by alvinchiam > 2016-10-29 09:53 | Report Abuse

now is the time to buy cheap cheap stok keep... all below value.. u know..?

alvinchiam

1,555 posts

Posted by alvinchiam > 2016-10-29 10:02 | Report Abuse

buy this 2stok..cheap.. mesti boleh untung..

Risk Trader

3,942 posts

Posted by Risk Trader > 2016-10-29 20:00 | Report Abuse

Next week will fall to 1 cent....

mushimushi

208 posts

Posted by mushimushi > 2016-10-29 20:20 | Report Abuse

wow, kinstel and knm was once the most 2 popular stocks. seeing kinstel becoming toilet paper, suddenly think buying knm is a bit too risky. cannot imagine if knm drop from 0.40 to 0.03 sens. it's disastrous.

it's either malaysian getting screwed by GLC or the country really in trouble.

Posted by khatulistiwa1234 > 2016-10-29 22:04 |

Post removed.Why?

aliyusof

1,393 posts

Posted by aliyusof > 2016-10-31 10:15 | Report Abuse

Almost all PN 17 companies cannot recover, only in very serious financial
trouble, baru kena masuk ICU ward (PN17). Buy at your own risk. Look at
Lion Corp, turun hingga ke 1 sen sebelum hilang dari Bursa.

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2016-10-31 12:41 | Report Abuse

,nta 0.33

aliyusof

1,393 posts

Posted by aliyusof > 2016-10-31 13:05 | Report Abuse

short term bank borrowing/OD (RM800m), net current assets (negative RM767m), loss per share (7 cents).

aliyusof

1,393 posts

Posted by aliyusof > 2016-10-31 19:17 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5246997
Forced selling of 25 juta saham.

alvinchiam

1,555 posts

Posted by alvinchiam > 2016-10-31 19:25 | Report Abuse

buy.. kinstel and perwaja... Ja Ma coming...

alvinchiam

1,555 posts

Posted by alvinchiam > 2016-10-31 19:31 | Report Abuse

buy all China stok.. Jack Ma is coming...

berjaya

157 posts

Posted by berjaya > 2016-10-31 21:53 | Report Abuse

TS pheng share holding direct plus indirect decrease to 16.xx % ...
Not a good signal ...little shareholders good luck ....

fl888

7,551 posts

Posted by fl888 > 2016-11-01 10:35 | Report Abuse

If Kinsteel supply just 10% of East Coast Rail of RM55billion project,surely Perwaja and Kinsteel will fly to recover ????

JackMa123

118 posts

Posted by JackMa123 > 2016-11-01 23:07 | Report Abuse

The only worry is they default it and start again with new company name. Long term is good to invest, good horse,no one(investor) will setup a totally new steel company for business. Kinsteel already have completed and ready machinery with worth value 500 million.

JackMa123

118 posts

Posted by JackMa123 > 2016-11-01 23:09 | Report Abuse

suggestion is buy more for keep. New board of directors sure need to holding some percentage of shares.

aliyusof

1,393 posts

Posted by aliyusof > 2016-11-02 08:03 | Report Abuse

Wait till it drops to 1 cent. But never know as many PN17 companies like Lion Corp, Silver Bird finally got delisted. Assess own risks.

alvinchiam

1,555 posts

Posted by alvinchiam > 2016-11-02 08:10 |

Post removed.Why?

berjaya

157 posts

Posted by berjaya > 2016-11-02 08:27 | Report Abuse

Decreasing to 12.××%....become" little" shareholder TS pheng...

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