Posted by nazriwbw80 > 2012-01-27 22:05 | Report Abuse

Bullish soon

Posted by stevenwck > 2012-02-02 19:47 | Report Abuse

Hope so :)

Posted by nazriwbw80 > 2012-02-13 12:04 | Report Abuse

Yes, as per my expectation....construction will require a lot of steel

Posted by qwerty8888 > 2012-02-22 14:24 | Report Abuse

issue warrant ex-date today... 2 for 1

Posted by alan_png > 2012-02-29 10:00 | Report Abuse

emm...suddenly drop almost 20cents....

Posted by necro > 2012-03-02 22:05 | Report Abuse

buy!!!

Posted by nazriwbw80 > 2012-03-03 22:16 | Report Abuse

warrant increase 6100% ...

Posted by Hoo Ann Teo > 2012-03-05 20:57 | Report Abuse

profit taking ?

Posted by Mohd Shuk > 2012-03-29 22:44 | Report Abuse

Sabar!!! Akan Ada teknikal rebound!!!

Posted by nazriwbw80 > 2012-03-30 11:49 | Report Abuse

Hopefully...

Posted by yazid7655 > 2012-04-10 15:49 | Report Abuse

takde.....

Posted by Maria Kamaruddin > 2012-05-10 06:55 | Report Abuse

ini company banyak rugi..oooo

Posted by kcfan > 2012-06-09 15:43 | Report Abuse

he company's slow progress in securing officialmining rights has been a big letdown. While we have been waiting patiently for the award to materialise, after the Terengganu Menteri Besar's second verbal confirmation in December 2011 on awarding the concession providedsome assurance, that official word on the award is just around the corner.Meanwhile, Perwaja is building its pelletizing plant which is hoped will boostthe profitability of its direct reduction plant. This plant will allow it to meet its own iron ore pellet needs, as well as achieve total savings of up to USD50 a tonne from the procurement oflocal iron ore, logistics benefits, in-house value-adding and utilization oftax credits on accumulated losses. As for its existing iron and steelmaking operation, we suspect that the kitchen sinking carried out in 4QFY11 may have reconciled the materialcosting to present levels and thus do not expect another impairment, unlessthere is another drop in material prices. Nonetheless, we are keeping ouroriginal estimates of a marginal profit in FY12 before the new iron processing plant starts to contribute significantly. As we are keeping our hopesalive on Perwaja's upstream makeover, we are only cutting our recommendation toTrading BUY, although our fair value is nudged lower to RM1.21. We are addingonly 10% instead of 20% of iron ore DCF to our base valuation of 0.56x FY12 BV.

Posted by kcfan > 2012-06-11 21:29 | Report Abuse

PERWAJA, (5146/0.615), Buy: Technical rebound, oversold

Posted by kcfan > 2012-06-23 16:11 | Report Abuse

I believe that the steel producers' share performance would be more moderate going forward. I see the near-term upside gain as possible due to strong momentum of ETP demand.

Posted by kcfan > 2012-06-23 16:16 | Report Abuse

VALUATION
Market Cap (M MYR) 380.80
Price/Book (mrq) 0.5905
Price/Sales (ttm) 0.2409
Enterprise Value (M MYR) 1,581.82
EBITDA -79.93
Enterprise Value/EBITDA (ttm) 80.70
Enterprise Value/Revenue (ttm) 1.00
EARNINGS
Earnings Per Share (MYR) (ttm) -0.3533
Quarter Estimated EPS (MYR) (mrq) -
Year Estimated EPS (MYR) (12/2012) 0.0790
P/E Ratio (ttm) -
Estimated P/E (12/2012) 8.6076
Relative P/E vs. FBMKLCI -
Next Earnings Announcement 08/24/2012

Posted by kcfan > 2012-06-24 22:56 | Report Abuse

KEY STEEL PROJECTS IN MALAYSIA

(1) Ann Joo Resources
Type Mini-blast furnace for production of hot metal/pig iron
Location Prai, Penang
Capacity 450 cu m or 500,000 tonnes
Value (RM mil) 600
New jobs created approximately 640
Date commissioned October 2011

(2) Perwaja Holdings
Type Iron ore concentration & pelletization plant
Location Bukit Besi, Terengganu
Capacity (tonnes) 240,000
Phase 1 120,000
Phase 2 120,000
Value (RM mil) 400
New jobs created approximately 3000 skilled & unskilled
Targeted commissioning Phase 1: 1H12
Phase 2: 2H12

Posted by abdulazizali > 2012-07-03 13:55 | Report Abuse

If Petronas , Trengganu Government or even the Central government intervened in the equity distributions, by holding certain percentage of Perwaja stock, I guess , they wouldnt be defamed into promoting Time Chronolism parctices as Perwaja is one of the best company in this region that was build up during the best time of the agricultural and midheaval time of Malaysian automotive industries.Maybe, there should be effort in neutralizing political link sentiments of Sovereigniety rule as it is a sovereign company , established in a sovereign state.

Posted by kong73 > 2012-07-03 14:32 | Report Abuse

should i buy or not?

Posted by diablo88 > 2012-07-03 14:48 | Report Abuse

annjoo is your better bet if I were you

Posted by kcfan > 2012-07-23 20:58 | Report Abuse

Technically, Perwaja's uptrend has been confirmed after the 20MA crossed over 50MA. Recently, price was under consolidation and found its support @0.66. Price was boosted by the news today but failed to break the overhead resistance 0.685 at the time of writing. In order to confirm its reversal price must overcome this barrier to break away from the squeeze. Its next strong support is @0.63. The impressive business venture entail a gradual accumulation.

Posted by bigyellow > 2012-07-23 22:01 | Report Abuse

monitor few more days..expect to drop lower 0.65?

Posted by bigyellow > 2012-07-24 22:09 | Report Abuse

if RSI above 30 trend, should up trend soon.

Posted by bigyellow > 2012-07-26 22:44 | Report Abuse

unfortunately it is bearish..not in yet..

Posted by diablo88 > 2012-08-28 16:01 | Report Abuse

watch out for the announcement

Posted by Wolverine > 2012-08-28 19:57 | Report Abuse

@diablo88
What announcement ?

Posted by diablo88 > 2012-08-29 09:56 | Report Abuse

the iron ore mining concession..I heard news that it will be announced soon.

Posted by Boon Wee > 2012-09-10 09:32 | Report Abuse

just announced. going to fly soon

Posted by mysterious99 > 2012-09-18 15:23 | Report Abuse

wat u guys think about this counter?? could it sustain above 0.60?? i bought at 0.60 and price seems to be moving downtrend...

Posted by Hua Shin > 2012-09-18 15:54 | Report Abuse

The Board of Perwaja Holdings Berhad ("Perwaja" or "the Company") would like to clarify that Perwaja is currently in discussion with the relevant parties to finalize the terms and conditions for the award of the mining rights to Perwaja. Once these terms and conditions have been finalized, an agreement will be signed in due course. Perwaja will make the necessary announcements, at the appropriate tim

.........................................................................
Jz hold ur position and wait for the announcement....the price will go up. Now look like more on collection on this share.

Posted by mysterious99 > 2012-09-18 16:59 | Report Abuse

alrite... thanks hua shin...

Posted by mysterious99 > 2012-09-21 16:43 | Report Abuse

getting scarier la ini counter...

Posted by mysterious99 > 2012-09-25 08:24 | Report Abuse

sell called has been issued.... becareful....

Posted by ayub > 2012-09-25 08:52 | Report Abuse

really ,..

Posted by mysterious99 > 2012-09-25 09:15 | Report Abuse

yeap...

Posted by wolverine > 2012-09-25 09:49 | Report Abuse

Who issued the sell call ? Where did you read it ? Is the sell call from you because you got scared ?????

Posted by mysterious99 > 2012-09-25 10:05 | Report Abuse

nah, its from osk... read it through the portal...

Posted by Wei Zhe Lee > 2012-09-25 10:18 | Report Abuse

They just issued the sell call because of the low steel prices lately.

Posted by Wei Zhe Lee > 2012-09-25 10:20 | Report Abuse

in fact it happens to almost all the steel counters

Posted by mysterious99 > 2012-09-25 10:21 | Report Abuse

hahahaha... ok...

Posted by kawelegen > 2012-11-28 19:04 | Report Abuse

Wau 0.45 today really cheap but nobody want to touch it. Really scary downtrend.

Posted by daz3no > 2013-01-19 13:33 | Report Abuse

Perwaja sued by Petronas.....

PETALING JAYA: Perwaja Holdings Bhd has received a writ of summons and a statement of claim from Petroliam Nasional Bhd for the sum of RM146.14mil including a claim of interest of RM10.31mil.

This is the total amount invoiced for the supply of dry gas by Petronas to Perwaja Steel, a statement to the stock exchange said.

Perwaja Steel said it “will be entering into a defence via its solicitors due to disagreement in the credit period.”

It also added it didnot expect any loss arising from this claim but said it has made sufficient provision to meet any liability that may arise.

Posted by elwoodau > 2013-01-24 17:16 | Report Abuse

WITH IRON ORE CONCENTRATION AND PALLETIZING PLANT NEAR COMPLETION AND IRON ORE MINING IN PLACE,Perwaja is on a transformation path. It may be difficult to recover to the $2.90 IPO price but if everything go well it's share price might recover to $1.5 to $2.00. Go Perwaja !!!!

Posted by bisi > 2013-01-30 23:27 | Report Abuse

yes....digesting...before flying

Posted by wongwh > 2013-01-30 23:37 | Report Abuse

if i'm not mistaken, Kinstel boss own this company right? Please correct me if I'm wrong.

Posted by fatty_tang > 2013-01-30 23:43 | Report Abuse

Kinsteel is a major shareholder of this company

Posted by nazriwbw80 > 2013-04-09 09:58 | Report Abuse

10% increase in one day?

Posted by Mars > 2013-06-10 09:50 | Report Abuse

nice up lagi..jualbeli

Posted by datuk > 2013-07-17 11:49 | Report Abuse

perwaja........gua ai ni!!!!

Posted by sasopi87 > 2013-07-23 21:28 | Report Abuse

privatization.............?????