Posted by yeekarwai 95 > 2016-12-14 17:27 | Report Abuse

almost 5% increased in price not enough?

Posted by PlsGiveBonus > 2016-12-14 17:48 | Report Abuse

PER only 6.69
Lagged behind Mycron by more than 20%
It must go up until 95 cent like Mycron
Both with the same management and financial statement
:)

Posted by PlsGiveBonus > 2016-12-14 18:00 | Report Abuse

Mycron cash : 39m, loan : 101m+117m+6m , net debt 185m
Prestar cash : 42m, loan : 200m+13m , net debt 171m
If Mycron can trade at PER 8, Prestar can do it too.
Before cold eye buy it.

Posted by leont > 2016-12-14 22:26 | Report Abuse

79 cents closing highest closing ever since the release of Q3 results... hopefully can go beyond 80 cents tomorrow

Posted by Mgician > 2016-12-15 09:35 | Report Abuse

Can break thru 0.8?

Posted by leont > 2016-12-15 09:37 | Report Abuse

Hopefully

Posted by Mgician > 2016-12-15 10:08 | Report Abuse

Wow.. break. Hope can sustainable

Posted by mani_cum > 2016-12-15 10:08 | Report Abuse

Finally!!!

Posted by hewiester > 2016-12-15 10:11 | Report Abuse

Yeah.. all coming today! Lets celebrate.. whooooohoo

Posted by kl foong > 2016-12-15 10:13 | Report Abuse

Yes, all the way.

Posted by probability > 2016-12-15 10:14 | Report Abuse

Prestar provides Dividend - i think they are aiming at least 3 cents per annum. Mycron so far no...

Posted by PlsGiveBonus > Dec 14, 2016 06:00 PM | Report Abuse

Mycron cash : 39m, loan : 101m+117m+6m , net debt 185m
Prestar cash : 42m, loan : 200m+13m , net debt 171m
If Mycron can trade at PER 8, Prestar can do it too.
Before cold eye buy it.

Posted by Alex Lim Jun Xiong > 2016-12-15 10:37 | Report Abuse

This stock is so bull, keep rising but I'm not buying & just watching.
=(

Posted by Mgician > 2016-12-15 10:54 | Report Abuse

See today can close above 0.82 or not

Posted by mani_cum > 2016-12-15 14:52 | Report Abuse

now onward " slow " doesn't associated with Prestar. Famous already

Posted by VenFx > 2016-12-15 16:37 | Report Abuse

Awsome, BIG LIKE .

Posted by mani_cum > 2016-12-15 16:38 | Report Abuse

my immediate target 0.900 ........ hope can achieve tmr . Cheers!!

Posted by PlsGiveBonus > 2016-12-15 16:44 | Report Abuse

Super bullish
:)

Posted by PlsGiveBonus > 2016-12-15 16:46 | Report Abuse

Already swap all my Mycron stack to Prestar

Posted by leont > 2016-12-15 16:49 | Report Abuse

Wow the next RM1 stock in the making

Posted by VenFx > 2016-12-15 16:50 |

Post removed.Why?

Posted by VenFx > 2016-12-15 16:50 | Report Abuse

Congrates to all of u here, especially Probability sifu.

Posted by PlsGiveBonus > 2016-12-15 16:51 | Report Abuse

Buy before cold eye promote to his loser follower
:)

Posted by Masterful Fanny > 2016-12-15 16:51 | Report Abuse

Change to vis 0120. Can double up your money soon

Posted by Mgician > 2016-12-15 16:53 | Report Abuse

good job ... break all ...

Posted by PlsGiveBonus > 2016-12-15 16:54 | Report Abuse

Special thank to Calvin to discover this gem

Posted by Lulu La > 2016-12-15 17:03 | Report Abuse

It is very funny who said calvin discove the gem...his gem like DRB,Binapuri,Masteel and other counters at Holland now

Posted by PlsGiveBonus > 2016-12-15 17:04 | Report Abuse

Yes both have great contribution
They are both the first to discover it before me

Posted by CharlesT > 2016-12-15 17:08 | Report Abuse

What i see is Probability is doing hardsell everyday at RM0.70+

Posted by calvintaneng > 2016-12-15 17:09 |

Post removed.Why?

Posted by VenFx > 2016-12-15 17:10 | Report Abuse

Headless Chicken heavily promo on Masteel, not Prestar lar.
He is as good as to come out to claim credit only.

Probality sifu who come here sharing with figures.
Things can't be blurred ... credit only will goes to the right Sifu.

Posted by hewiester > 2016-12-15 17:14 | Report Abuse

I got rid all of mine today - thank you Prestar!

Posted by calvintaneng > 2016-12-15 17:14 |

Post removed.Why?

Posted by VenFx > 2016-12-15 17:15 | Report Abuse

CALVIN will never feel SHAME for the sake of credit remark.
He contribute junk articles massively in i3 .

Posted by probability > 2016-12-15 17:18 | Report Abuse

Thanks VenFx.. lets see if it can become a star that will outshine Mycron soon.

Posted by VenFx > Dec 15, 2016 04:50 PM | Report Abuse

Congrates to all of u here, especially Probability sifu.

Posted by calvintaneng > 2016-12-15 17:18 | Report Abuse

Calvin never tell you to chase hot stocks.

Always follow Calvin's 3rd Rule

HE THAT IS LOW NEEDS FEAR NO FALL!

Now if you don't have DRB you ought to take position. Just buy a little & keep till GE14 Election Day then SEE!

Posted by Mgician > 2016-12-15 19:12 | Report Abuse

weaken RM should be a concern too .. guys

Posted by VenFx > 2016-12-15 19:26 | Report Abuse

U r wlcn
@Probability sifu , thx for your informatic sharing as always.

@Mgician, your point valid on this forex pointing.

What I'm trying to say is Steel sec. Are really into another comfort zone judging from theese 2 days uptrend anticipated good vol.

Besides, room of margin to reap on are improving gradually.

Steel will be hot for the whole 2017-2018 .

Posted by Alex Lim Jun Xiong > 2016-12-15 22:58 | Report Abuse

I missed the boat, risky to enter now.
Perhaps, it going to be next JHM.

Posted by Remisier > 2016-12-16 09:14 | Report Abuse

Prestar is very undervalue stock, bought 2000 lots at 0.86

Posted by Remisier > 2016-12-16 09:23 | Report Abuse

Prestar, target price 1.80

Posted by stteck > 2016-12-16 11:55 | Report Abuse

Remisier, 2000 lots is 2000000 shares right?

Posted by PlsGiveBonus > 2016-12-16 12:25 | Report Abuse

Fast fast swap from Mycron to Prestar before the cold eye followers swap from it.
Let them lose their pant like in Mycron again
:D

Posted by nicky11 > 2016-12-16 13:27 | Report Abuse

Currently Prestar PE is 6.97. It still have room to growth.

Posted by Remisier > 2016-12-16 14:20 | Report Abuse

2000 lots is 200000 shares

Posted by Mgician > 2016-12-16 15:05 | Report Abuse

TP 1.80 ? seriously ar ?

Posted by probability > 2016-12-17 14:11 | Report Abuse

http://klse.i3investor.com/servlets/stk/fin/9873.jsp

PRESTAR - extracted from above link under 'TTM result'

Revenue | NP to SH 600,385 | 21,856
RPS | P/RPS 342.19 Cent | 0.25
EPS | P/E | EY 12.46 Cent | 6.86 | 14.57%
DPS | DY | Payout % 3.00 Cent | 3.51% | 24.05%
NAPS | P/NAPS 1.29 | 0.66
QoQ | YoY 50.30% | 217.05%
NP Margin | ROE 4.47% | 9.66%
F.Y. | Ann. Date 30-Sep-2016 | 24-Nov-2016


Similarly for MYCRON below:

Revenue | NP to SH 602,450 | 31,428
RPS | P/RPS 212.75 Cent | 0.44
EPS | P/E | EY 11.10 Cent | 8.47 | 11.81%
DPS | DY | Payout % 0.00 Cent | 0.00% | - %
NAPS | P/NAPS 1.22 | 0.77
QoQ | YoY 29.98% | 88.14%
NP Margin | ROE 5.22% | 9.10%
F.Y. | Ann. Date 30-Sep-2016 | 28-Nov-2016

Posted by VenFx > 2016-12-17 14:20 | Report Abuse

Both Generate improving income,

PRESTAR has more credible remarks,
from their Div. paid
and able to create better margin .

Posted by probability > 2016-12-17 14:27 | Report Abuse

If we study the figures above, one important ratio that is showing a stark difference between the two is the RPS and P/RPS. I value P/RPS more as it accounts the current price given to each share to the RPS value. This is a powerful ratio.

The difference between Mycron & Prestar on this ratio is almost 76% (from 0.44/0.25).

Meaning all other variables staying the same, if the NP Margin of PRESTAR and MYCRON going forward are to be the same.... Prestar's price has be priced 76% higher than its current price to be fairly priced relative to Mycron in terms of P/E.

Think about the maths carefully.

I see TTM NPM of Mycron is 5.22% and Prestar at 4.47%....guess all it needs another 1% rise in its NPM going forward. Unless of course Mycron has some big potential to improve its margin going forward which we are currently not aware...

Posted by probability > 2016-12-17 14:45 | Report Abuse

To put it another sentence, if:

i) The Forward Twelve Months (FTM) NPM of Mycron and Prestar are to be the same and,

ii) Mycron's share is currently fairly priced considering its future earnings,

Prestar has to be priced 76% higher than its current price, i.e at 1.50 such that at the end of this future twelve months (FTM) both Mycron's and Prestar's TTM P/E ratio will be the same.

One has to ask them self and think about (i) on the future NPM prospects & (ii) if Mycron has some truly hidden competitive advantage relative to other steel manufacturer being a midstream player against a downstream player above... and see if this "76% difference" is justified.

Posted by VenFx > 2016-12-17 15:19 | Report Abuse

Thanx Probability sifu indept details.

Frankly speaking , if not Melewar pulling Mycron's leg; i dont mind to have both ( even more like to Prestar ).
I believe both has different strenght and role in their own market.

Final, counter not to be ignored is Emetall .