ASTEEL GROUP BERHAD

KLSE (MYR): ASTEEL (7020)

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Last Price

0.085

Today's Change

+0.005 (6.25%)

Day's Change

0.085 - 0.085

Trading Volume

550,000


2 people like this.

1,430 comment(s). Last comment by Willtolive 2 months ago

Posted by StrattonOakmont > 2017-08-09 14:35 | Report Abuse

the real wave haven't come yet... sabar...

Olga

773 posts

Posted by Olga > 2017-08-09 15:40 | Report Abuse

Oh no.. the train is moving !!

Olga

773 posts

Posted by Olga > 2017-08-09 15:41 | Report Abuse

Those who sold this morning is crying now haha

Posted by StrattonOakmont > 2017-08-09 17:06 | Report Abuse

too early to say this

Olga

773 posts

Posted by Olga > 2017-08-09 17:08 | Report Abuse

yup still early if it drops.. steel sector future prospect is good especially today..

Posted by StrattonOakmont > 2017-08-09 17:09 | Report Abuse

maybe the one who cry is those who bought today leh... siapa tau... tukang tilik mungkin tau... hehehe... SELLLLLLLLLLLLLLLLLLLLLLL

Olga

773 posts

Posted by Olga > 2017-08-09 17:13 | Report Abuse

Share price is always about future prospect not the past Qoq. Lets see how it will go by the operator. I can't get the price i want too.

Posted by StrattonOakmont > 2017-08-09 17:16 | Report Abuse

GE14 coming at Malaysia

Posted by StrattonOakmont > 2017-08-09 17:17 | Report Abuse

then we are bro....lets shout SELL together lo... SELL SELL SELL....

Posted by StrattonOakmont > 2017-08-10 09:37 | Report Abuse

seriously? i think is a trap?!?!? BUY BUY BUY... so that they can sell to you at a higher price... I will wait at 0.18, 0.17, 0.16 and even 0.15.... huhu...

Posted by StrattonOakmont > 2017-08-10 11:13 | Report Abuse

coming coming... that's the way....

sr8787

98 posts

Posted by sr8787 > 2017-08-10 14:42 | Report Abuse

Any target price for tis stock?

Posted by StrattonOakmont > 2017-08-10 18:20 | Report Abuse

just net all the way down

Olga

773 posts

Posted by Olga > 2017-08-10 18:27 | Report Abuse

thanks to north korea.. need to drop a real bomb

Posted by StrattonOakmont > 2017-08-10 20:12 | Report Abuse

if real bomb, maybe can net at 0.08... then sell house sell car... all in... need a lot of besi to build tanks, aeroplane, machine gun, bullet, missile, grenade, pisau, kerata, etc... else how to war?

Posted by StrattonOakmont > 2017-08-11 10:08 | Report Abuse

War coming loh... faster SELL now... Mr. D.T. got a plan to flatten N.Kr ! Run now before too late

Olga

773 posts

Posted by Olga > 2017-08-11 10:12 | Report Abuse

Hahaha...

Olga

773 posts

Posted by Olga > 2017-08-11 10:13 | Report Abuse

Don't be too evil.. let it happen by itself is better.

Posted by StrattonOakmont > 2017-08-11 10:20 | Report Abuse

Just worry the missiles misaligned, jangan jangan land on Boleh land will do...

Posted by StrattonOakmont > 2017-08-11 12:16 | Report Abuse

start selling... huhu..

Squirtle

804 posts

Posted by Squirtle > 2017-08-11 16:24 | Report Abuse

See see below 20c liao
Will hit 17c soon
My track record really yat lao
90% zhun
Kikikikikikkiii

sr8787

98 posts

Posted by sr8787 > 2017-08-11 17:05 | Report Abuse

Slowly goin down... Hope nt pn17 soon

Olga

773 posts

Posted by Olga > 2017-08-12 00:34 | Report Abuse

so red a day still dun want panic sell.. sad..

Posted by StrattonOakmont > 2017-08-12 11:43 | Report Abuse

more bad news coming, bottom still far, just collect all the way down

sitia

1,261 posts

Posted by sitia > 2017-08-13 23:48 | Report Abuse

In the 12 months ended 31 December 2016, we managed to achieve an operating profit before taxation of RM2.09 million as compared to an operating loss of RM19.82 million in the previous year. This result is achieved on the back of better product margins and a more stable steel market environment in the first half of 2016 with the recovery of steel price after a difficult year in 2015.

The turnover of 2016 was RM399.62 million, lower by 18.72% than RM491.63 million achieved in the previous financial year. The lower turnover was primarily due to cessation of pipe mill business. This is part of the realignment exercise to focus on the core products.

On the earnings before interest, tax, depreciation and amortisation (“EBITDA”), the Group registered a much improved EBITDA of RM32.41 million compared to RM12.97 million in the previous year, an increase of 149.88%.

As part of on-going efforts to improve the financial performance of the Group, the Group remains committed to carry through the turnaround plan and to stay focused on the following areas :-

i. Core coated products;

ii. Strengthen balance sheet to improve working capitals and cashflow;

iii. Human resources right-sizing;

iv. Plant operation improvement on yield, quality and cost; and

v. Cost – effective procurement and inventory management.

Posted by StrattonOakmont > 2017-08-14 10:09 | Report Abuse

mana dapat? sendiri bikin?

Olga

773 posts

Posted by Olga > 2017-08-14 13:54 | Report Abuse

Annual Report 2016


sitia In the 12 months ended 31 December 2016, we managed to achieve an operating profit before taxation of RM2.09 million as compared to an operating loss of RM19.82 million in the previous year. This result is achieved on the back of better product margins and a more stable steel market environment in the first half of 2016 with the recovery of steel price after a difficult year in 2015.

The turnover of 2016 was RM399.62 million, lower by 18.72% than RM491.63 million achieved in the previous financial year. The lower turnover was primarily due to cessation of pipe mill business. This is part of the realignment exercise to focus on the core products.

On the earnings before interest, tax, depreciation and amortisation (“EBITDA”), the Group registered a much improved EBITDA of RM32.41 million compared to RM12.97 million in the previous year, an increase of 149.88%.

As part of on-going efforts to improve the financial performance of the Group, the Group remains committed to carry through the turnaround plan and to stay focused on the following areas :-

i. Core coated products;

ii. Strengthen balance sheet to improve working capitals and cashflow;

iii. Human resources right-sizing;

iv. Plant operation improvement on yield, quality and cost; and

v. Cost – effective procurement and inventory management.
13/08/2017 23:48

Olga

773 posts

Posted by Olga > 2017-08-14 16:19 | Report Abuse

Steel sector is going back up.. hahaha

Posted by StrattonOakmont > 2017-08-14 17:27 | Report Abuse

today drop another 0.005... on the way to the target price.. queue lower!

sr8787

98 posts

Posted by sr8787 > 2017-08-14 18:27 | Report Abuse

Come 0.15

Posted by StrattonOakmont > 2017-08-14 23:25 | Report Abuse

yes bro... pray hard... and prepare to net

Posted by StrattonOakmont > 2017-08-15 12:32 | Report Abuse

Sell... and q buy lower...

sr8787

98 posts

Posted by sr8787 > 2017-08-15 14:12 | Report Abuse

going up

Posted by StrattonOakmont > 2017-08-15 18:00 | Report Abuse

drama only... is a trap...

Olga

773 posts

Posted by Olga > 2017-08-15 23:02 | Report Abuse

hopefully

sr8787

98 posts

Posted by sr8787 > 2017-08-18 18:45 | Report Abuse

What a waste buying tis stock.. Ppl. Keep telling engine gona start.. Haha
.til now no start.. Oni goin down...

Olga

773 posts

Posted by Olga > 2017-08-19 02:26 | Report Abuse

You are the only one who is telling it will go down and then up and nothing happened :)

sr8787 Slowly goin down... Hope nt pn17 soon
11/08/2017 17:05

sr8787 Come 0.15
14/08/2017 18:27

sr8787 going up
15/08/2017 14:12

sr8787 What a waste buying tis stock.. Ppl. Keep telling engine gona start.. Haha
.til now no start.. Oni goin down...
18/08/2017 18:45

Posted by StrattonOakmont > 2017-08-19 20:36 | Report Abuse

he is standing on the demarcation line ma... bare with it... is like that one... sabar...

sr8787

98 posts

Posted by sr8787 > 2017-08-20 10:44 | Report Abuse

Yalo...goin down...it wil b traded on 0.135 soon.. Juz wait n c..

Posted by StrattonOakmont > 2017-08-21 10:06 | Report Abuse

in fact, looks like no volume at this level.. even no sign of selling down/pressure... sigh... better collect some at this level first

Posted by StrattonOakmont > 2017-08-21 10:08 | Report Abuse

many metal counters are moving

sr8787

98 posts

Posted by sr8787 > 2017-08-21 18:07 | Report Abuse

Tomoro.. 0.185

Posted by raychen602 > 2017-08-22 17:49 | Report Abuse

slow....

sr8787

98 posts

Posted by sr8787 > 2017-08-24 11:14 | Report Abuse

death counter

gghaha

1,639 posts

Posted by gghaha > 2017-09-07 15:37 | Report Abuse

buy buy at lower price...

azta12

5,594 posts

Posted by azta12 > 2017-09-08 12:15 | Report Abuse

nice.

Posted by StrattonOakmont > 2017-09-11 07:18 | Report Abuse

i think is too early for rebound

Azli

1,082 posts

Posted by Azli > 2017-09-11 12:21 | Report Abuse

Showing the sign.

sr8787

98 posts

Posted by sr8787 > 2017-09-11 13:52 | Report Abuse

Trap

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