Posted by nicky11 > 2017-02-14 19:12 | Report Abuse

It just like MegaSteel story. Management direction will define how well your company growth.

Posted by pro888 > 2017-02-14 19:15 | Report Abuse

Wonderful ssteel report

Posted by pro888 > 2017-02-14 19:42 | Report Abuse

Report stated higher material cost, same as last Nov q report mentioned. But eps big jump become 8.6 almost 100%

Posted by gimeng > 2017-02-15 16:52 | Report Abuse

dropped to 0.855. lol

Posted by probability > 2017-02-15 16:55 | Report Abuse

i think Prestar should have excellent results - cannot be compared with Mycron or Cscstel....but we never know for sure

Posted by VenFx > 2017-02-15 17:14 | Report Abuse

probability sifu, i'm no doubt for that.
time for shopping again :)

Posted by ys13 > 2017-02-15 20:14 | Report Abuse

No bullet to average down.....

Posted by nicky11 > 2017-02-16 12:03 | Report Abuse

Received the dividend from Prestar today~~

Posted by probability > 2017-02-16 14:03 | Report Abuse

MOS should be high here...no fear.

Posted by Josephine Ong > 2017-02-16 15:18 | Report Abuse

next rising star

Posted by calvintaneng > 2017-02-16 19:44 |

Post removed.Why?

Posted by probability > 2017-02-17 13:22 | Report Abuse

perwaja steel deal with Chinese failed...from Focus Malaysia today.

Posted by nicky11 > 2017-02-17 17:37 | Report Abuse

ChooBee post a good quarterly result with EPS 6.87 cents. It is a downstream player who use HRC as raw material but it still manage to get a good profit. I believe Prestar will be the same too.

Posted by probability > 2017-02-17 17:46 | Report Abuse

makes sense to me..as they were able to raise the selling price & had better throughput = tonnage.

Posted by nicky11 > Feb 17, 2017 05:37 PM | Report Abuse

ChooBee post a good quarterly result with EPS 6.87 cents. It is a downstream player who use HRC as raw material but it still manage to get a good profit. I believe Prestar will be the same too.

Posted by probability > 2017-02-17 17:52 | Report Abuse

Choo Bee:

B2 Comparison with preceding quarter’s results

The Group’s revenue for 4Q 2016 improved by 21% to RM94.1 million as compared to RM78.0 million achieved in 3Q 2016. The pickup in performance was mainly due to the stronger metric tonne sales, coupled with better average selling prices.

Following the higher revenue trend, the Group’s profit before taxation for 4Q 2016 increased by RM4.8 million to RM10.4 million as compared to RM5.6 million for 3Q 2016.

Posted by nicky11 > 2017-02-17 18:33 | Report Abuse

Prestar also produce mix steel products. If insist want to compare between Prestar with Choobee or CSCsteel, I would take Choobee as the benchmark.

Posted by zhangliang > 2017-02-20 11:54 | Report Abuse

i do agree Prestar may perform like ChooBee

Posted by zhangliang > 2017-02-20 16:56 | Report Abuse

accummulation ongoing but not yet break out

Posted by leont > 2017-02-21 09:50 | Report Abuse

Last chance to buy before Q4 results out

Posted by andyhard > 2017-02-22 11:25 | Report Abuse

Any difference betwen cscsteel and prestar? What about Choo Bee? What makes the difference that some make money and some are not?

Posted by probability > 2017-02-22 11:48 | Report Abuse

i think only one did not make good money so far - chinaman related...all others may turn out to do well.

Posted by probability > 2017-02-22 12:10 | Report Abuse

prestar should release results earlier than mycron

Posted by probability > 2017-02-22 14:44 | Report Abuse

appears like the only shining steel star below 1.0

Posted by leont > 2017-02-22 14:47 | Report Abuse

Ann Joo performed well.. same goes to choo bee, southern steel.. but emetall masteel achievement not as favourable... all are in the same industry but different segments so in my opinion the importance of management will come into play to reflect on their overall profitability as well

Posted by probability > 2017-02-22 14:52 | Report Abuse

market is confused on what to make out of Masteel results...

Posted by probability > 2017-02-22 14:54 | Report Abuse

My view:

i see that the market pricing mechanism had barely changed from previous qtr..as such i am inclined to expect the same or better results (EPS) from previous qtr for Prestar.

Posted by pro888 > 2017-02-23 18:21 | Report Abuse

Mycron not bad

Posted by pro888 > 2017-02-23 18:22 | Report Abuse

Qr

Posted by pro888 > 2017-02-23 18:46 | Report Abuse

The report I can say wah

Posted by pro888 > 2017-02-23 18:46 | Report Abuse

Wah wah

Posted by nicky11 > 2017-02-23 18:55 | Report Abuse

Wao....EPS 4.8 with 2 cents dividends~~~
http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=9873

Posted by probability > 2017-02-23 18:57 | Report Abuse

i have tears of joy now...

Posted by probability > 2017-02-23 18:57 | Report Abuse

nicky..if you are a lady..i kiss u already...

Posted by nicky11 > 2017-02-23 18:59 | Report Abuse

Luckily this PRESTAR not disappointing me. PRESTAR= future star~~ Huat ahhh!

Posted by probability > 2017-02-23 19:00 | Report Abuse

like i said earlier...infact all steel companies did very well...except for CSCSTEL

Posted by nicky11 > 2017-02-23 19:03 | Report Abuse

Haha, probability sifu~~ Part of the reason I bought Prestar was due to your previous analysis. Give a big KISS to you..Muackkss

Posted by lkwah86 > 2017-02-23 19:03 | Report Abuse

nice result

Posted by probability > 2017-02-23 19:04 | Report Abuse

ha hah ha!!...*v*

Posted by ys13 > 2017-02-23 19:04 | Report Abuse

Hi sifu, i bought prestar last week, am i entitle to the dividen??

Posted by nicky11 > 2017-02-23 19:09 | Report Abuse

Hi ys13, you should get it too.

Posted by leont > 2017-02-23 19:17 | Report Abuse

Amazing results by prestar !!!

Posted by ys13 > 2017-02-23 19:20 | Report Abuse

Thanks nicky

Posted by lkwah86 > 2017-02-23 19:30 | Report Abuse

Final dividend 2 sen will announce later in AGM

Posted by pro888 > 2017-02-23 19:31 | Report Abuse

Record profit , additional dividen, congrate for those confident Prestar , Cheers !!!!

Posted by nicky11 > 2017-02-23 19:43 | Report Abuse

Soon it will leave penny stock group...

Posted by probability > 2017-02-23 19:44 | Report Abuse

so far i havent seen any dividend giving steel stocks...

Posted by leont > 2017-02-23 19:51 | Report Abuse

Ann Joo csc is giving quite good amount of dividend... so what's everyone's TP for prestar tomorrow ??

Posted by moneySIFU > 2017-02-23 19:53 | Report Abuse

congratulation, probability!

Posted by moneySIFU > 2017-02-23 19:54 | Report Abuse

Very consistent growth quarter after quarter, well done!

Posted by probability > 2017-02-23 19:57 | Report Abuse

ok didnt notice on AJ's dividend....cscstel is cash rich...so that i dont weigh in so much...

when a company having less cash and giving out dividend...market P?E will rise easily...it shows the management's confidence on future.