PRESTAR RESOURCES BHD

KLSE (MYR): PRESTAR (9873)

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Last Price

0.39

Today's Change

+0.005 (1.30%)

Day's Change

0.385 - 0.40

Trading Volume

50,500


8 people like this.

3,983 comment(s). Last comment by HorseyKL 2024-09-30 14:39

harold8990

349 posts

Posted by harold8990 > 2022-05-11 08:50 | Report Abuse

So quiet counter..good sign..

DickyMe

14,960 posts

Posted by DickyMe > 2022-05-23 18:19 |

Post removed.Why?

kkl123

1,519 posts

Posted by kkl123 > 2022-06-01 19:43 | Report Abuse

I think can buy now,because uncle hide,not talk talk.
When you see uncle talk talk,can sell off and make 100%profit.

kkl123

1,519 posts

Posted by kkl123 > 2022-06-03 09:16 | Report Abuse

Uncle is quiet quiet now,can buy.
Follow kyy buy in.when he talk talk,follow him sell off.

Posted by nobodyisland > 2022-08-25 21:46 | Report Abuse

can buy in now?

pang72

52,082 posts

Posted by pang72 > 2023-02-23 20:02 | Report Abuse

All steel company QR like shit

hng33

20,521 posts

Posted by hng33 > 2023-03-23 15:04 | Report Abuse

bought at 40sen

TheContrarian

9,507 posts

Posted by TheContrarian > 2023-03-23 17:38 | Report Abuse

Entered at 40 sen today.

hng33

20,521 posts

Posted by hng33 > 2023-03-27 15:37 | Report Abuse

cut at 40sen

Michael Kwok

6,488 posts

Posted by Michael Kwok > 2023-06-03 22:15 | Report Abuse

Sell call 39.5 cents(sell on strength)
Tp 20 cents range
3/6/23 10.15pm

i4value

78 posts

Posted by i4value > 2023-06-24 09:06 |

Post removed.Why?

Dehcomic01

351 posts

Posted by Dehcomic01 > 2023-07-15 12:13 | Report Abuse

Steel companies are cyclical and if you are a long-term fundamental investor, you should look at the performance over the cycle. Over the past 14 years (covering several steel cycles), the company ROA averaged 4%. This is even lower returns than the EPF. But you have to look at the sector. During the same period, the mean ROA for the Bursa steel companies averaged 1%. So Prestar did better than the sector. But are there better steel companies. If you want insights into how the steel sector performed go to https://focusmalaysia.my/its-been-a-tough-12-years-for-bursa-malaysias-steel-companies/

OneOracle

556 posts

Posted by OneOracle > 2023-09-01 16:32 | Report Abuse

Good management . Paid more than 5% share and cash dividend for past year even when poor business environment.
Show that management take care of business and also shareholder.
See you at 90 sen in 2024.

Posted by wongcheehui8383 > 2023-11-16 19:58 | Report Abuse

Wah. This counter 2 months no ppl comments..... hahaha .
Leave ald?

Posted by wongcheehui83 > 2023-11-18 10:13 | Report Abuse

then is supercold counter....... i still come it.... shit

SincereStock

2,419 posts

Posted by SincereStock > 2023-11-23 09:06 | Report Abuse

finally reentered this counter after so many years.

price is at 3 years low, debt keep lowering, EPS improves, good dividend, NTA high. plus, 2 years steel moratorium is great bonus

SincereStock

2,419 posts

Posted by SincereStock > 2023-11-23 10:28 | Report Abuse

*entry price at RM0.420 morning open price cut queue

Posted by wongcheehui8383 > 2023-11-23 10:46 | Report Abuse

Hehehe. I enter early than u.... 0.405

SincereStock

2,419 posts

Posted by SincereStock > 2023-11-23 11:02 | Report Abuse

@wongcheehui8383 nice~ I only pay attention to this counter after yesterday QR report, the only thing I don't like with steel counter is that the counter price is too much influenced by steel price. but since now there is 2 years moratorium and steel price is quite stabilized, plus huge NTA discount here. I think it should be very safe to park here for another 3 months until next QR unfold

SincereStock

2,419 posts

Posted by SincereStock > 2023-11-23 11:03 | Report Abuse

if wasn't investor being extra cautious with steel price, I think this counter already valued at least half it's NTA at RM0.60

SincereStock

2,419 posts

Posted by SincereStock > 2023-11-23 11:31 | Report Abuse

all conditions set to break this year's all time high before end year closing

BemyAdm1n

10 posts

Posted by BemyAdm1n > 2023-11-23 11:41 | Report Abuse

scalping alert done for prestar. Find me on tele for more alert

SincereStock

2,419 posts

Posted by SincereStock > 2023-11-23 14:59 | Report Abuse

not much profit taking can be done at this point considering the last 3 years' price

SincereStock

2,419 posts

Posted by SincereStock > 2024-01-04 22:30 | Report Abuse

sold all at 0.425 today, decided to park the cash at PENERGY for this moment, will come back if given opportunity

SincereStock

2,419 posts

Posted by SincereStock > 2024-01-11 11:36 | Report Abuse

bought back at 0.420 today after made good profit at PENERGY, glad to be able to switch back here before it's outbreak

SincereStock

2,419 posts

Posted by SincereStock > 2024-01-11 11:59 | Report Abuse

just had a glance over some other not so fundamentally attractive steel counters, it seems steel play is very long due, especially after moratorium announcement true rally still no start

SincereStock

2,419 posts

Posted by SincereStock > 2024-01-24 16:44 | Report Abuse

steel counters especially this undervalued PRESTAR still lagging behind bursa index of 1500

SincereStock

2,419 posts

Posted by SincereStock > 2024-02-05 10:04 | Report Abuse

top up a few more at RM0.415 today morning

SincereStock

2,419 posts

Posted by SincereStock > 2024-02-27 21:43 | Report Abuse

another good QR

SincereStock

2,419 posts

Posted by SincereStock > 2024-02-28 09:04 | Report Abuse

sold a few at 0.445 to lock profit, still got some left

SincereStock

2,419 posts

Posted by SincereStock > 2024-03-26 10:49 | Report Abuse

sold a few more at 0.48 to lock profit, still got a few left

Posted by Virgin_Share > 2024-04-02 14:06 | Report Abuse

aiya why sell @SincereStock? Cry now? break 0.51

acnca84

133 posts

Posted by acnca84 > 2024-04-02 14:57 | Report Abuse

😎

Posted by TiffanixLVxHermes > 2024-04-04 16:10 | Report Abuse

TP: 0.59
Steel in high demand

SincereStock

2,419 posts

Posted by SincereStock > 2024-05-01 18:03 | Report Abuse

@Virgin_Share still got a few left a

HorseyKL

95 posts

Posted by HorseyKL > 2024-05-09 10:51 | Report Abuse

Time to wake up Star😁

Posted by Virgin_Share > 2024-05-31 18:18 | Report Abuse

can consider to buy back now, price looks alright after the pump

SincereStock

2,419 posts

Posted by SincereStock > 2024-06-01 12:32 | Report Abuse

@Virgin_Share not quite tempting for me yet, I rather just preserve hold position for my few remaining stakes here

SincereStock

2,419 posts

Posted by SincereStock > 2024-06-04 14:31 | Report Abuse

sold all remaining prestar at 0.495, need the cash at better & more urgent opportunity as in DKSH

StingRay

6,871 posts

Posted by StingRay > 2024-06-12 10:41 | Report Abuse

I will be loading up this counter as well. Use to be one of the bursa star which I missed out earlier. But I have the confidence that they will again shine one day. Thank you.

Coralmoon

13 posts

Posted by Coralmoon > 2024-06-12 11:04 | Report Abuse

Thank you again, Stingray! Will do so... ✌

wbwanabe

225 posts

Posted by wbwanabe > 2024-07-02 15:17 | Report Abuse

More good news coming for steel. Pre star one of the beneficiaries for government latest move on using local steels in building data centre. Remember lots needed not only for external buildings but the racks used is a lot. https://theedgemalaysia.com/node/717473

wbwanabe

225 posts

Posted by wbwanabe > 2024-07-02 15:22 | Report Abuse

Hiaptek moved nearly 10%. Prestar engine about to start. Some of Prestar products are boltless shelving, pallet racking, automated storage and retrieval systems, racking systems and storage equipment

HorseyKL

95 posts

Posted by HorseyKL > 2024-07-02 15:46 | Report Abuse

0.51 d. Go go fly my star. lol

bjbjbj

13 posts

Posted by bjbjbj > 2024-07-03 22:09 | Report Abuse

this star still hibernating.... opls do somethifn management

StingRay

6,871 posts

Posted by StingRay > 2024-07-18 10:34 | Report Abuse

I have completed my collection for this counter last week and will update again when I start to sell. At the meantime, I will be collecting another counter. No, it is not synergy as I am still monitoring it closely at the moment. I will start when things are clearer. Will just focus on my collection for unnamed counter for now. Wish all the best. ✌️

SincereStock

2,419 posts

Posted by SincereStock > 2024-07-22 14:59 | Report Abuse

bought back a few prestar at RM0.500 (22 july 2024, 2.58pm)

SincereStock

2,419 posts

Posted by SincereStock > 2024-08-05 10:10 | Report Abuse

topped up a few prestar at 0.445 (10.07am, 05 august 2024)

SincereStock

2,419 posts

Posted by SincereStock > 2024-08-29 09:08 | Report Abuse

sold all prestar at 0.440 (9.00am, 29 august 2024) disappointed with QR, seems this sector is not good at this stage. better quit and go other counter first

HorseyKL

95 posts

Posted by HorseyKL > 2024-09-30 14:39 | Report Abuse

This star still cant shine. When steel theme back in action? 😅

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