Posted by nagasaran93 > 2021-06-15 16:22 | Report Abuse

Hi sifu, today astino released a document in Bursa. According to my understanding, the bonus issue is splitted or just add-on share???

Posted by HamsterHuat > 2021-06-16 01:35 | Report Abuse

treasury share is add-on to your current total share..
that the reason...there are no adjustment of share price after Ex-Date...

Posted by morganlee > 2021-06-16 11:38 | Report Abuse

https://klse.i3investor.com/blogs/MplusOnline/2021-06-16-story-h1566876546-Astino_Berhad_Riding_the_commodity_supercycle_and_economic_recovery.jsp

Posted by Zackmeiser > 2021-06-16 14:23 | Report Abuse

Can China stem the global rise of inflation? Trillions of easy money printed ‘everywhere’ globally so we all could do the math. Some hedges in commodities are good. Oil already picking up the pace.

Posted by morganlee > 2021-06-16 15:35 | Report Abuse

buy cheap, TP RM2.50 early next year!

Posted by HamsterHuat > 2021-06-16 15:52 | Report Abuse

@morganlee.....
that TP rm2.50....sure boh?

Astino giving Bonus issue soon 4 to 5.....
But i am happy that Astino give treasury share as dividend instead of regular dividend.

Posted by morganlee > 2021-06-16 16:01 | Report Abuse

HamsterHuat. It is indeed possible, with increasing EPS each quarter, and how little float in the market, calculating at PE between 8-10, RM2.50 is definitely achievable early next year. Lets see the upcoming QR and we can tell the accuracy of this analysis.

Also, as we all know, whenever there is BI, usually the price will UP UP UP. So yes, unless there is an unforeseen circumstance, the price direction should be towards one direction only, since the covid situation has already factored in by the market.

Posted by HamsterHuat > 2021-06-18 07:30 | Report Abuse

@morganlee
thanks for the details info.
holding it for Bonus Issue 4 to 5....

Posted by CP0428 > 2021-06-19 21:02 | Report Abuse

@michaelwong May l know where did you see the ex-date for share dividend is on 9/6?

Posted by goldenluck16 > 2021-06-20 21:22 | Report Abuse

@CP0428...Can find under Entitlement heading...Ex date will also be shown.

Posted by CP0428 > 2021-06-21 10:10 | Report Abuse

Thank you goldenluck16 & michaelwong

Posted by morganlee > 2021-06-21 10:12 | Report Abuse

does anyone know when is the QR coming out? Need to look at the next EPS to analyze the current movement, it seems like the operator is pressing the price down just to accumulate more shares before the announcement of a good QR.

Posted by Zackmeiser > 2021-06-21 13:48 | Report Abuse

Most market move lower today in anticipation of fed hikes.

Posted by morganlee > 2021-06-21 14:19 | Report Abuse

fed hikes are coming, but it is not so soon, and any knee jerk effects are great for the courageous investors that dare to make a huge move in anticipation of better upcoming QRs!

Posted by Dakewlest > 2021-06-21 22:49 | Report Abuse

When are the comp going to release QR?? Last year announced on 19 June 2020.

Posted by wallstreetrookie > 2021-06-22 05:02 | Report Abuse

Monday's recovery trade ended Dow Jones's five consecutive days of losses

Posted by morganlee > 2021-06-22 13:31 | Report Abuse

QR is likely to be released at the right time (if the QR is excellent, means a profit of 20m, >15% QoQ), where the trend is going up to elevate the entire steel cycle into a new high, which is the superbull. Lets wait and see!

Posted by goldenluck16 > 2021-06-22 13:58 | Report Abuse

Financial result should be good. Be patient.

Posted by morganlee > 2021-06-23 14:11 | Report Abuse

observe closely, many steel counters like lbalum and hiaptek are up already, don't be too late to a party.

Posted by morganlee > 2021-06-25 17:36 | Report Abuse

QR sui sui ah! Looking at TP of RM2.50 by early next year, increasing EPS even during this kind of market condition, imagine after this FMCO, things will shoot up even faster and stronger. Hold on to your seatbelt!

Posted by Dakewlest > 2021-06-25 22:34 | Report Abuse

Nice QR. Hopefully Monday limit-up.

Posted by morganlee > 2021-06-25 23:19 | Report Abuse

Just be patient, its EPS for this QR is 8.46, which is 33% higher than last quarter, and the demand for steel will only increase with the recovery theme, unless you are telling me that demand for steels post-covid will be lesser than during covid, then its fair value should be RM2.50, and probably could reach by early next year!

Posted by SmallLim > 2021-06-27 15:12 | Report Abuse

A big potential growth stock to buy in this miserable time, at least the demand of steel globally will not drop and has a great potential to hit for higher profit in near future, just like KYY said.

https://klse.i3investor.com/blogs/koonyewyinblog/2021-06-27-story-h1567059167-All_Steel_Companies_will_report_better_profit_Koon_Yew_Yin.jsp

Posted by SmallLim > 2021-06-27 16:27 | Report Abuse

QR shows the profit is more than satisfactory level

Posted by goldenluck16 > 2021-06-27 18:24 | Report Abuse

Tomorrow, the uptrend begins.

Posted by Raymondlol > 2021-06-27 20:34 | Report Abuse

2.5coming pls

Posted by siulong1 > 2021-06-28 09:06 | Report Abuse

why good QR but drop??

Posted by morganlee > 2021-06-28 09:08 | Report Abuse

hmm

Posted by AxeVentureCapital > 2021-06-28 09:54 | Report Abuse

Actually agree with KYY's analysis. Look at ASTINO latest QR and you will tell how power is the growth of this steel industry. The demand for steel is heading towards one and only direction, which is up up up, and MY is having this lukewarm market sentiment (neither high or low) and is probably the time each stock will show its true value in the second half of the year. Steel counter would be benefited greatly!

Posted by idunwork > 2021-06-28 22:49 | Report Abuse

Steel price has been dropping since mid may

Posted by InvestorwithIQ > 2021-06-29 10:32 | Report Abuse

Only China's Steel price is correcting, the rest of world in increasing.

Posted by nagasaran93 > 2021-07-02 11:19 | Report Abuse

sifu, any idea??? this stock keep dropping day by day, it has comes to 11 days down. downtrend or re-correction???

Posted by Zackmeiser > 2021-07-02 14:05 | Report Abuse

Actually, if you are an investor now is a good time to collect. If you read a few annual reports from multiple steel companies, management said the price will probably consolidate in the near term before going up. This is because China and India preventing the export of their steel. Another good article is that currently China trade war with Australia causing slowing import of iron ore. However China does not have its own resource, hence this will pick up later due to stock depletion. Australia produces 50% of the world's iron ores.

I believe due to current MCO sentiment is rather poor. But that's when u want to buy. When the market does not want them. Consider this as a hedge from the world's inflation. Govs around the world printing money, inflation is here to stay in foreseeable future. You cannot print money and hoping prices stay the same. This provided economy is running normally, which we will get in 3-6 months time.

Posted by InvestorwithIQ > 2021-07-02 14:07 | Report Abuse

The whole market is plunging, the current lockdown is likely to hurt ASTINO earnings for 4Q21, but I believe it's earnings will rebound strongly after the lockdown was ended due to favourable demand and high selling price.

Posted by nagasaran93 > 2021-07-04 10:01 | Report Abuse

May i know the bonus issue is after that, split the current shared price or just additional share on your holding without splitting the mother price?

Posted by HamsterHuat > 2021-07-05 22:46 | Report Abuse

definitely split the current price based on every Free 4 share for 5 share currently holding.

Posted by HamsterHuat > 2021-07-06 23:26 | Report Abuse

another stunted stock even after declaring 4 to 5 Bonus Issue.
another lame stock....

better ride other horsy....

Posted by Zackmeiser > 2021-07-10 11:06 | Report Abuse

Bottom forming in weekly chart. Will sideways for now until economy open up.

Posted by HamsterHuat > 2021-07-11 12:10 | Report Abuse

Yes....Astino become ASStino...
becoming like Azmin to ASSmin

despite 4 to 5 Bonus Issue where the last day is 15th July....
it show that it is lembap stock.

Posted by Yong Meng > 2021-07-12 15:19 | Report Abuse

https://menginvestlife.blogspot.com/2021/07/050.html 050 - 钢铁行业状况

Posted by akun > 2021-07-14 18:31 | Report Abuse

This one operator dun wan goreng for BI ke? Aiyaa

Posted by sayftrader > 2021-07-15 17:18 | Report Abuse

Operator still accumulating. Tomorrow push up price

Posted by nagasaran93 > 2021-07-16 08:16 | Report Abuse

Today it's split day. don't think the operator pushing as the bonus shares are increased the market shares.

Posted by durian1 > 2021-07-16 10:12 | Report Abuse

ayyoyo

Posted by HamsterHuat > 2021-07-16 23:02 | Report Abuse

Again...another ASStino.

Posted by InvestorwithIQ > 2021-07-18 15:45 | Report Abuse

https://www.theedgemarkets.com/article/record-steel-prices-inject-life-longsuffering-industry

Posted by akun > 2021-07-18 19:06 | Report Abuse

Cmon give astino another life line to RM1

Posted by durian1 > 2021-07-21 23:29 | Report Abuse

[ASTINO] Share Resale/Cancellation (Immediate) on 21-Jul-2021

Posted by nagasaran93 > 2021-07-22 19:43 | Report Abuse

any sifu comment on astino?

Posted by onionchong > 2021-07-22 19:51 | Report Abuse

Good undervalued share. Global steel price is still high and expects to remain high due to reopening of global economy.