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 greenshoot > 2024-08-15 16:22 | Report Abuse

Miti starts anti-dumping investigation into tin products imports from four countries

https://theedgemalaysia.com/node/722851

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 greenshoot > 1 month ago | Report Abuse

Perstima Vietnam is considering to file anti-dumping petitions to initiate investigations.

Posted by greenshoot > 1 month ago | Report Abuse

According to my study, the company is probably through the worst of it, and some positive indicators are starting to appear, like:

(a) The current tinplate sales trend is in a more positive direction, with a slight uptrend and an expected improvement in Q3 and Q4.

(b) The recent currency trends and expected USD interest rate movements are shifting favourably for the Company.

(c) The Ministry of Investment, Trade and Industry (Miti), Malaysia starts anti-dumping investigation into tin products imports from four countries including China, India, Japan and South Korea following petition filed by Perstima with Miti on 15 July 2024

(d) Perstima Vietnam is also considering to file anti-dumping petitions to initiate investigations.

(e) Perstima’s Philippines subsidiary (PPI) has been proactively developing strong bonds with local customers. The Management expects utilization rate for each plant to be at least 50% and continual efforts are made to surpass this. The product evaluation stage has been completed for many of the domestic customers and the response has been positive. Additionally, domestic customers who have long relied solely on imports now appreciate the benefits of having a local supplier and partner that not only supplies a premium product, but is also present to provide technical support at a moment notice.

Posted by greenshoot > 1 week ago | Report Abuse

INITIATION OF AN ANTI-DUMPING DUTY INVESTIGATION CONCERNING IMPORTS OF FLAT-ROLLED PRODUCTS OF IRON OR NON-ALLOY STEEL, OF A WIDTH OF 600MM OR MORE, CLAD, PLATED OR COATED WITH TIN (ELECTROLYTIC TINPLATE OR TINPLATE) ORIGINATING OR EXPORTED FROM THE PEOPLE’S REPUBLIC OF CHINA, THE REPUBLIC OF INDIA, JAPAN AND THE REPUBLIC OF KOREA

https://www.miti.gov.my/miti/resources/Media%20Release/(15_AUG_2024)_ANTI_DUMPING_TNPLATE_(ENG).pdf

Posted by greenshoot > 5 days ago | Report Abuse

At present, the primary burden mainly stems from the Philippine operations since its inception in August 2022, further exacerbated by the tinplate dumping in the Malaysian market by foreign nations like India, Korea, China, and Japan.

According to the most recent quarterly results for the period ending 30/9/2024, the revenue for Philippine has been consistently rising, and the net income has also shown steady improvement.

This indicates a brighter future for increased plant utilization in the Philippines, which will be evident in the upcoming quarterly results.

Regarding the operation in Malaysia, since the anti-dumping duty is expected to be implemented in 2025, the outcomes should be favorable.

Regarding the Vietnam operation, it remains quite stable.

In summary, as the Philippine operation accelerates and the Malaysian operation sees improved margins due to the anticipated anti-dumping duty in 2025, the light at the end of the tunnel is becoming increasingly bright.