Posted by stockraider > 2021-08-29 12:55 | Report Abuse

Go for it

Just Buy lah!

Superb earnings growth mah!

Posted by lionel messi > 2021-08-29 16:41 | Report Abuse

Thanks stockraider. Totally agree with you. This is a high growth and high dividend stock waiting to be discovered and explode. When their Philippines plant start to contribute in a big way very soon, earnings growth is going to be exponential. But it is so small cap and the sellers are so far and few in between. Cheers.

Posted by Richard Lee > 2021-09-21 13:05 | Report Abuse

20cents DIV not bad.

Posted by Sebastian Power > 2021-09-22 09:30 | Report Abuse

Slightly disappointed with the QR yesterday. With higher REV but lower profit? What to do? this is the nature of business

Good potential with the demand of tin. Good chance to add more today. 20c DIV (assume RM4 purchased price translate to 5% interest liao)

Posted by kong73 > 2021-10-06 00:39 | Report Abuse

New PERSTIMA tinning line in the Philippines expected to be operational by Q4-2021
Jan 20, 2021
Tenova reports that it has been contracted for a 200,000 tonnes/year new high-speed electrolytic tinning line with insoluble anodes by Perusahaan Sadur Timah Malaysia (PERSTIMA) Berhad, premier producer and supplier of high quality tinplate in South East Asia. This cutting-edge technology will be implemented in PERSTIMA’s plant in Batangas (Philippines). The electrolytic line is expected to be put into operation by Q4-2021.
The electrolytic combined tin-plating and tin-free steel line will work at 550 meters/minute at entry/exit and 420 at the process section, for annual production of 200,000 tons. The steel strip will be 550-1000 mm wide and 0.10-0.60 mm thick, and the line will process all the main grades of steel for a product mix which will satisfy the most recent demand of the high-quality market. A minimum tin coating thickness of 1.1 g/m2 is guaranteed.
The line is equipped with a dedicated section (cells and recirculation equipment) for the production of tin free steel process as well. Tenova will provide the state-of-the art automation with an enhanced Web-Based Level 2 and Roll Management Software to automatically schedule roll activities in the processing line.
“Tenova insoluble anodes technology will permit an easier handling of the process section with highest safety for the operators. Tenova developed an advanced system for the tin-dissolution reactors, achieving very low tin losses in the sludges. This represents a very positive aspect both for economic and environmental reasons”, affirmed Giuseppe Zanzi, Tenova Italimpianti & Strip Processing Sales Manager SEA & India.
“This new project will allow our customer to address the request of higher quality tinplate and TFS in the region, confirming our position in high-standards tin-plating market, after previous important contracts in Spain and in China, among the others”, affirmed Stefano Marelli, Tenova Global Sales Manager South East Asia.
Finally, a further improvement in the quality of the tin-plate has been achieved through the development of special edge-masks. These devices prevent the “white edge defects” due to tin overcoating at the edges while processing strips with different widths. In addition, Tenova edge-mask design guarantees easy inspection and access to the cell. Tenova Insoluble Anode Technology with IGBT Rectifiers globally permits a large operating saving in tin and electrical consumption, guaranteeing the top of quality.

Posted by kong73 > 2021-10-06 08:30 | Report Abuse

2022 will be a good year with revenue from Philipine market realised

Posted by Richard Lee > 2021-10-06 09:29 | Report Abuse

last day for 20cents DIV. Next year DIV confirm 50-100% more after Philippine in operation

Posted by kong73 > 2021-10-06 12:34 | Report Abuse

Perstima is solid as a bull

Posted by Sebastian Power > 2021-10-07 15:20 | Report Abuse

after exDIV macam sudah puncit

Posted by lionel messi > 2021-10-08 12:01 | Report Abuse

Normal behavior of such small cap illiquid counter. No more excitement after div. Furthermore with poor recent quarterly result. Unless next qtr result is going to be good. Then some excitement with insiders slowly and quietly buying.

Posted by stockraider > 2021-10-08 13:26 | Report Abuse

Potential more than 20 sen dividend for this share loh!

Posted by Diamond7 > 2021-10-24 20:57 | Report Abuse

TIN prices were at $21,000 in Jan 2021.
It is now at $37,500 now.
The uptrending looks so strong.

Posted by lionel messi > 2021-10-25 12:19 | Report Abuse

Diamond7, is this considered good or bad news for Perstima? Cheers.

Posted by Richard Lee > 2021-10-25 14:14 | Report Abuse

time to wake up! All my other stock up for a month only this drop for a month

Posted by PassionateInvestor > 2021-10-25 18:45 | Report Abuse

@lionel messi, according to an article by thedegemarkets a few years ago, it'll negatively impact Perstima profits.
https://www.theedgemarkets.com/article/boon-and-bane-rising-tin-prices

Posted by Sebastian Power > 2021-10-25 19:29 | Report Abuse

if tin price up then Perstima also can increased selling price lo. Important the order book need soar when the Philippine market in full capacity

Posted by lionel messi > 2021-10-26 12:15 | Report Abuse

Thank you Passionate and Sebastian. Great info.

Posted by Richard Lee > 2021-10-26 15:18 | Report Abuse

up or down determined by operator. We ikan bilis only need to have some luck. Hahahaha!!!

Posted by Sebastian Power > 2021-10-27 14:46 | Report Abuse

Not looking good because Everyday people waiting to sell only.

too bad I dont have extra bullet to buy again now. Waiting for dividend to bank in then can buy a bit more

Posted by RainT > 2021-11-08 16:04 | Report Abuse

this one can buy ? being main reasons is Philippines expansion ??

Posted by Richard Lee > 2021-11-09 14:39 | Report Abuse

need to be prepared if you want to beli because this useless counter only up one day then drop one month. Hahahah!

Posted by lionel messi > 2021-12-17 11:23 | Report Abuse

wow, volume was unusually high yesterday with sharp rise in price. good results and div coming?

Posted by danchong > 2022-02-11 13:51 | Report Abuse

volume coming. Hope for good QR & dividend

Posted by lionel messi > 2022-02-11 16:16 | Report Abuse

Insider trading?

Posted by Diamond7 > 2022-02-11 16:34 | Report Abuse

Up up...
Good fundamentals
Coming quarterly report will be excellent

Posted by kimchuant8 > 2022-08-25 22:15 | Report Abuse

No dividend this year. Philippines factory start production. Expected break even in 3 years.

Posted by idunwork > 2022-08-30 18:53 | Report Abuse

Very good qr

Posted by UnicornP > 2022-08-30 23:45 | Report Abuse

TO-Price must go 4.30-4.4

Posted by nextan > 2022-08-31 09:16 | Report Abuse

5.00 coming soon

Posted by idunwork > 2022-09-05 22:12 | Report Abuse

Up 18% already but still very few sellers

Posted by moneymoneycom > 2022-09-06 17:02 | Report Abuse

https://www.youtube.com/watch?v=7owmL2sT7zE&t=38s

Posted by nextan > 2022-09-06 19:53 | Report Abuse

Bonus is coming

Posted by UnicornP > 2022-09-14 16:39 | Report Abuse

Wait one or two lots

Posted by UnicornP > 2022-10-01 12:26 | Report Abuse

To add if $4.

Posted by UnicornP > 2022-10-12 21:13 | Report Abuse

https://www.businesswire.com/news/home/20220906005559/en/Global-Tinplate-Market-Report-2022-2026-Increasing-Launch-of-New-Food-and-Beverage-Products-in-Metal-Cans-and-Sustainability-With-Metal-Packaging-Driving-Sector---ResearchAndMarkets.com

Posted by Believe3222 > 2022-11-09 20:11 | Report Abuse

cantik QR 3.5 coming

Posted by kimchuant8 > 2022-11-09 22:20 | Report Abuse

Dividend 10sen. Malaysia and Vietnam doing well. Philippines production started, but loosing money.

Posted by UnicornP > 2022-11-10 20:48 | Report Abuse

Not interested to sell.

Posted by jackjason > 2022-11-11 01:57 | Report Abuse

The Japanese hold more then 2/3 of total share. No easy push the price by minor shareholder. No fund manager hold this share

Posted by UnicornP > 2022-11-30 13:14 | Report Abuse

Should not be below 4.06.

Posted by Believe3222 > 2023-05-31 19:33 | Report Abuse

masuk longkang

Posted by kimchuant8 > 2023-08-17 16:11 | Report Abuse

Bad quarter. Malaysia and Vietnam revenue drop a lot . Philippines still loosing money. Overall loosing money!

Posted by speakup > 2023-08-18 07:51 | Report Abuse

why MSC up so much but Perstim down? both same biz isn't it?

Posted by Up_down > 2024-04-12 14:46 | Report Abuse

Good news to Perstima for Malaysia operation.

https://www.mida.gov.my/latest-policy-for-application-on-import-duty-exemptionfor-iron-and-steel-for-the-domestic-market/

Posted by Believe3222 > 2024-06-07 20:16 | Report Abuse

below 2 only can enter

Posted by BenjaminSS14 > 2024-07-18 17:14 | Report Abuse

"Believe3222

below 2 only can enter"

WHy ah?

Posted by Up_down > 2024-08-18 14:59 | Report Abuse

Malaysia would launch anti-dumping duty against dumpers in 2025. Philippines is another serious bleeding operation without ptotection of anti-dumping.

Posted by Dehcomic01 > 2 weeks ago | Report Abuse

Perstima – don’t wait for signs of a turnaround

Perstima returns over the past decade had been declining. Its 2024 and projected 2025 returns are negative. It falls into the Quicksand quadrant in the Fundamental Mapper.
https://i.postimg.cc/SK39R3W3/Perstim-FM-return.png
Looking at this picture, you may think that there is no hope. But the Fundamental Mapper is based on trend projection. It would also not be realistic to simply project continuous declining returns. Management is not going to sit quietly without some turnaround plans.

In the case of Perstima, the performance over the past 2 years were dragged down by the start up of its new plant in Philippines. Furthermore the declining returns was because while there was revenue and profits growth, there was faster growth in capital as funds were needed for the Philippines expansion.

The future is not going to be the same as the past decade. As such I would expect a turnaround and a return to profitability in the not too distant future. Are you going to wait for this to happen before entering, or would it be better to enter now when the market has yet to recognize this turnaround potential?

Moral of the story? If you are prepared to dig into the details, you can find opportunities when all seem lost from an initial look.
https://www.youtube.com/watch?v=MVN2Jtcv3r8

Posted by greenshoot > 1 week ago | Report Abuse

@ Dehcomic01 - don’t wait for signs of a turnaround

I firmly believe that the turnaround is just around the corner, further supported by the anti-dumping duty that will very soon be imposed.

Posted by greenshoot > 1 week ago | Report Abuse

The Malaysian government has announced preliminary anti-dumping duties on the imports of tinplate — flat-rolled products of iron or non-alloy steel coated with tin — from China, India, Japan and South Korea, effective Saturday (Jan 11), at rates ranging from 2.52% to 36.8%.

This decision follows a preliminary investigation that found evidence of dumping, as the export price of the imported tinplate is lower than its normal value, and this dumping has caused material injury to the domestic industry producing similar products, according to a federal government gazette issued by the Attorney General's Chambers on Friday.

The Ministry of Investment, Trade and Industry announced the start of the anti-dumping probe in mid-August last year, following a petition from Perusahaan Sadur Timah Malaysia (Perstima) Bhd, which had alleged that tin products were sold in Malaysia at "much lower price" than in their countries of origin.

Perstima filed the petition on July 15, requesting an investigation into the imports of flat-rolled products of iron or non-alloy steel of a width of 600mm or more, clad, plated or coated with tin from China, India, Japan and South Korea. The company manufactures tinplates typically used as cans for food and beverage.

To prevent further injury to the domestic industry during the ongoing investigation, provisional anti-dumping duties will be applied to the imports of these products, according to the gazette on Friday. This temporary measure is to protect Malaysian producers from the adverse effects of unfairly priced imports.

"A final determination in relation to the investigation shall be made within the period of 120 days from Jan 11, 2025," the gazette read.