Posted by datuk > 2013-07-24 09:13 | Report Abuse

peraja, perwaja, gua sangat suka sama lu !!!!!!

Posted by AhSook AhKou > 2013-09-25 06:04 | Report Abuse

Who did Tan Sri disposed to at 0.80 in early Sep ???

Posted by ozilasyraf > 2013-09-29 14:39 | Report Abuse

is it good to enter on monday?

Posted by anbz > 2013-10-06 22:55 | Report Abuse

disposed to his mistress only ma ..the shares and also the specimens haha

Posted by anbz > 2013-10-06 22:57 | Report Abuse

ah sook don't get confuse..that was PERWAJA HLD BHD-RCULS not the mother

Posted by hepitrade > 2013-10-13 23:55 | Report Abuse

Kuah... What make u say tat?

Posted by datuk > 2013-10-22 10:37 | Report Abuse

steel is expected to get a booster in this firday budget........buy all steel related stock.....lion ansd perwaja are clear cut winners !!!

Posted by datuk > 2013-10-22 10:53 | Report Abuse

Perwaja TP rm0.40 !

Posted by Muda Fadli > 2013-11-26 12:17 | Report Abuse

time to collect... shopping spree

Posted by messi > 2013-11-26 12:19 | Report Abuse

slow death for perwaja & kinsteel OR high risk high gain ???

Posted by shahru > 2013-11-26 19:04 | Report Abuse

oversold..

Posted by palinco > 2013-11-26 21:18 | Report Abuse

PN17 company. Company is kaput, no money to pay loan & electricity. The Tan Sri is a con-man, disposing & wirting off stocks.

Posted by palinco > 2013-11-26 21:20 | Report Abuse

Same goes to Kinsteel. Perwaja share price has never been higher than its IPO.

Posted by Muda Fadli > 2013-11-26 21:22 | Report Abuse

thanks Palico for the info. I guess i should do more home work than relying on other hint.

Posted by ladzatz > 2013-11-28 00:00 | Report Abuse

that's not the reasons..it is because when there was an iron and steel boom..because of high

demand from BRIC...especially China...many steel companies are not prudent enough...they want

to expand their foothold too aggresive...as if they're so desperate to chase something... it's like

playing bursa by contra...without picking up

it's the fault of the management...they take too high uncalculated risks
----
by the way mq tech is quite sweet..check it out

Posted by spinninglotus > 2013-11-28 08:34 | Report Abuse

I think kinstel should close down Perwaja, delist it and restructure, take over its mining, concentration and pelletising plant, then kinstel can survive and progress. Why keep a losing business?

Posted by spinninglotus > 2013-11-28 17:44 | Report Abuse

Delist Perwaja, all debtors will be forced to take on losses. Kinstel separates itself from Perwaja, start anew as mining company. Then only kinstel will recover.

Posted by spinninglotus > 2013-11-28 21:30 | Report Abuse

Pheng family can only decide whether to bankrupt Perwaja or bankrupt Perwaja+kinstel. Pheng has 30% stake in Perwaja, at IPO rm2.50, nothing is left now. By closing Perwaja, kinstel can start anew, eventually earn back all money from mining. Kinstel has to let go Perwaja. Once Perwaja bankrupt, all it's debtors will bear the loss. Kinstel can avoid paying more money into Perwaja. Instead the money can be used by kinstel to start mining, earning money to rise up in the end. This is the only way.

Posted by spinninglotus > 2013-11-28 22:09 | Report Abuse

I hope Pheng is reading my suggestions to them. At extreme conditions they have to make such difficult situation. Kinstel can still turnaround, but not Perwaja.

Posted by spinninglotus > 2013-11-28 23:19 | Report Abuse

Many mining companies in Malaysia, in Pahang and Terengganu are earning lots of money-from Malaysia mining export statistics. None of them disclose their mines details. So I do not expect them to disclose mining details as soon. Mining can start soon, and earning cash cow. Initial capital commitment from kinstel financial report is adequate, just not into more Perwaja. Mining can at least sustain for 2 years, with about rm1 billion profit easily.

Posted by spinninglotus > 2013-11-28 23:21 | Report Abuse

With mining, throw away Perwaja, kinstel can be rm1billion company in 2 years. Without mining, with more Perwaja burning all $$$ away, kinstel bankrupt. So what should them do? Quite obvious. They have to bankrupt Perwaja, and switch money into mining.

Posted by tanym > 2014-02-14 08:53 | Report Abuse

sure fly today

Posted by Ruby Low > 2014-02-14 12:19 | Report Abuse

tanym, what is ur opinion regarding this stock, "sure fly today " ? ?

Posted by tanym > 2014-02-14 13:53 | Report Abuse

Sure fly high today...

Posted by 31153115 > 2014-02-14 14:00 | Report Abuse

decide only when u see the 1/4ly result soon, rise temporary only, after repaid Petonas, where the hell can they get $$$ to pay TNB???Not to say the company profit

Posted by pfhong > 2014-02-14 14:18 | Report Abuse

Plant still havent run yet, no production, how to fly?

Posted by 31153115 > 2014-02-14 14:24 | Report Abuse

Tan Sri too busy, no time to pay TNB, plant almost ready but no electricity meter!!!

Posted by wren > 2014-02-14 17:08 | Report Abuse

wa....how tanym predicts the future!?nice~

Posted by ddd ccc > 2014-02-15 08:24 | Report Abuse

tabik kat tanym...kaya la you

Posted by AyamTua > 2014-02-15 08:38 | Report Abuse

for kaki lima punters - a safer punt would be kinstel at this point but perwaja could easily surge higher than kinstel

1. he got many supporters and popularity just like dead artist comes back to life
2. he got many supplies of steels billet
3. potentially become target for acquisition since price is low despite hutang banyak - is like kuda sakit kasi rumput baru dan kandang baru naik lah dia .. kikiki

Posted by calvintaneng > 2014-02-15 21:40 | Report Abuse

Yes AyamTua - Here in Perwaja too?.

Remember to buy Southern Steel. HL Group wanted to take it private at RM2.00 years back.

SOUTHERN STEEL WILL BE THE NO. 1 BENEFICIARY OF GREATER KL MRT, HIGH SPEED RAILWAY & ISKANDAR PROPERTY BOOM!

Happy Investing,

Calvin, Singapore

Posted by AyamTua > 2014-02-15 21:55 | Report Abuse

Calvin: Noo.. My man.. the magical AyamTua is in KINSTEL .. how are you? Thanks for tips ;-)

Posted by Risk Trader > 2014-02-15 22:00 | Report Abuse

Moving to high....monday will be profit taking

Posted by AyamTua > 2014-02-15 22:07 | Report Abuse

RT: perwaja problem, kinstel problem - let choose the lesser pain shall we? kinstel ..
kikikiki

Posted by calvintaneng > 2014-02-15 22:11 | Report Abuse

AyamTua,

Both Kinsteel & Perwaja are making losses after losses. You must be swift to take profit. They are hit and run counters. Anyway, Ayam can do better than running - it can also fly.

Posted by AyamTua > 2014-02-15 22:16 | Report Abuse

Calvin: ok my man.. thanks for tips! :-)))

Posted by speakup > 2014-02-15 22:36 | Report Abuse

i dont think Quek will privatise Southern Steel again, because he seem more interested in O&G sector.

Posted by speakup > 2014-02-15 22:37 | Report Abuse

on hind side Quek is lucky he didn't privatise SSteel. our local steel industry is 'attacked' by imported China steel which is cheaper.

Posted by dolphin13 > 2014-02-15 23:42 | Report Abuse

Should in perwaja on Monday, will it be too late?

Posted by feifeimathew > 2014-02-16 12:46 | Report Abuse

Nak beri perwaja atau kinsteel hari Isnin, tapi sekarang sudah takut tangan kena goreng! Sila baca The Edge (terbitan 17-23 Feb, muka surat 10) baru tahu!

Posted by T1000 > 2014-02-16 12:57 | Report Abuse

Feifei. Conclusion good or bad ?

Posted by feifeimathew > 2014-02-16 13:22 | Report Abuse

Quoting The Edge "Perwaja is given an 18 mth grace period to repay RM275.77 million owed to Petronas in 43 monthly instalment. May also strike similar arrangement for debt of RM200 million owed to TNB. Also owing banks RM1.36 billion short term borrowing, RM276 million long term borrowing and other payables due for RM693 million. 3Q13 loss was RM227 millions. Kinsteel debt is RM1.93 billion. Global steel prices are expected to be depressed......". Conclusion: high risk to speculate these counters.

Posted by BEAMAN > 2014-02-17 09:47 | Report Abuse

0.40 cnts

Posted by BEAMAN > 2014-02-17 11:56 | Report Abuse

comming 0.40.....this company must be safe to pay his debt.

Posted by Risk Trader > 2014-02-17 13:32 | Report Abuse

Today don't sell but add more lot....moving to new high...TP 0.50 cent by this week

Posted by DreamHunter > 2014-02-17 14:37 | Report Abuse

What is the secret news ...

Posted by feifeimathew > 2014-02-17 17:43 | Report Abuse

Guess who are unloading the shares in such large volume if the future prospects are good for the company?

Posted by koi koh > 2014-02-17 18:40 | Report Abuse

Can be EPF, PNB, Tapung Haji and What ever GLC

Posted by abdulhalim > 2014-02-17 19:12 | Report Abuse

http://www.theedgemalaysia.com/business-news/275785-perwaja-finalising-agreement-with-tenaga.html

Posted by mayleow > 2014-02-17 20:39 | Report Abuse

Gov back up, kilang di gurun Kedah, mahathir punya projek, anak tolong hidupkan. Pahang pun ada, Pak najibjin tolong