PRESTAR RESOURCES BHD

KLSE (MYR): PRESTAR (9873)

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Last Price

0.40

Today's Change

0.00 (0.00%)

Day's Change

0.40 - 0.405

Trading Volume

104,500


8 people like this.

3,983 comment(s). Last comment by HorseyKL 1 month ago

Posted by Adamlambert > 2014-04-25 15:24 | Report Abuse

His train departure time very accurate!!!!

jaiyenyen

95 posts

Posted by jaiyenyen > 2014-04-25 15:25 | Report Abuse

resistance @ 0.69

tpchuayap

855 posts

Posted by tpchuayap > 2014-04-25 15:26 | Report Abuse

haha..lucky lah...refer to Johnny Cash posting...thanks Johnny and others...

Posted by Adamlambert > 2014-04-25 15:27 | Report Abuse

Thanks. Jai....huat arrrrr!!!

ymtan

621 posts

Posted by ymtan > 2014-04-25 16:06 | Report Abuse

huat arr.... luckily i buy in yesterday... really a silent before storm..

tpchuayap

855 posts

Posted by tpchuayap > 2014-04-25 16:19 | Report Abuse

Guys, Keep an eye on the sleeping " Tiger "......Happy Trading with luck

citiwai

32 posts

Posted by citiwai > 2014-04-25 17:17 | Report Abuse

Hopefully nxt week continue uptrend....don't let the "Tiger" sleep too much...

Posted by Adamlambert > 2014-04-25 22:48 | Report Abuse

Any news coming up??

Posted by Adamlambert > 2014-04-25 22:49 | Report Abuse

WCE??

JamieO

14 posts

Posted by JamieO > 2014-04-27 07:45 | Report Abuse

Mr OTB, pls share your views here. How will this share perform .

Ooi Teik Bee

11,568 posts

Posted by Ooi Teik Bee > 2014-04-27 08:31 |

Post removed.Why?

JamieO

14 posts

Posted by JamieO > 2014-04-27 09:24 | Report Abuse

Mr OTB, is June a good month to trade since everyone always say sell in May come back after summer

Ooi Teik Bee

11,568 posts

Posted by Ooi Teik Bee > 2014-04-27 11:11 | Report Abuse

I had checked the chart for many years, it is not true "sell in May". This statement is not holding water, I take it as a sweeping statement. No statistic to prove it true.
Thank you.

simwyatt

24 posts

Posted by simwyatt > 2014-04-27 14:36 | Report Abuse

Wakakaka. Jerome, what you talking about? Ooi Teik Bee is my friend. I am Saturn who stood by him but I am also Rambotan who f**k him. Wakakakaka

Posted by SaturnRevolution > 2014-04-27 14:42 | Report Abuse

Dear All, Saturn is no longer with us. Simwyatt is definitely not Saturn. Saturn is now in West Coast US and will be based in LA and San Francisco.

simwyatt

24 posts

Posted by simwyatt > 2014-04-27 14:51 | Report Abuse

I am still around lah. As Adamlambert. Wakakaka

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-04-27 18:14 | Report Abuse

Prestar is invovle in ...
- Slitting & shearing of carbon & stainless steel mother coils into slitted coils / sheets for automotive, electrical & electronic, office equipment, metal stamping indsutries;
- Roll forming of carbon steel pipes and hollow sections;
- Roll forming of stainless steel pipes & hollow sections;
- Manufacturing of steel flat bars, steel purlines;
- Manufacturing of wheelbarrows and platform hand trucks;
- Manufacturing of steel shelving & pallet racking and other storage equipment;
- Manufacturing of highway guardrails
The massive construction on both infrastructural, residential and commercial properties had contributed positively to the company income growth.

The company had recorded a 58% growth in the EPS in FYE 2013 compared to 2012 of 4.42 cents, Prestar ended FYE 2013 with EPS of 7.01 cents.

Its NTA stood at RM 1.11 per share as at Dec 31 2013. It is worth nothing that the company had a number of land and properties reserved that had yet to be revalued.

Prestar’s prospects remain bright as the company had been set to bag more lucrative projects, especially highway guardrails from going forward …
- West Coast Expressway, 273km (40km linking Ipoh to WCE to be built later);
- DASH Highway 20.1km;
- Kidex Highway 14.9km;
- SCORE corridor (320km stretch from Tanjung Manis to Samalaju), extension to Mukah, Baram and Tunoh

There is rumor that Prestar had bagged in the WCE project for guardrails which is worth more than RM400m for the 273km stretch. A 15% profit margin will contribute towards a net EPS of RM0.33 (Based on RM60m profit / 180.98m shares) on top of its current business and operation. The WCE whcih carries a GDV of RM6b will see actual job fully dished out on 2H 2014.

In addition ongoing KVMRT Line 1, the KVMRT Line 2 and the future of KVMRT Line 3 will continue to see steel demand in the coming years from 2014.

The ideal intrinsic value is rm 1.12, a 70% premium over last transacted price of 67sen.

fortunebullz

2,000 posts

Posted by fortunebullz > 2014-04-27 18:21 | Report Abuse

Breandon, I enjoy reading you explanation for PreStar! Keep it up dude!

fortunebullz

2,000 posts

Posted by fortunebullz > 2014-04-27 18:25 | Report Abuse

Brendon, you have the right mindset to be successful investor! Congrat!

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-04-27 18:31 | Report Abuse

Thanks fortunebullz....i am sharing what info i only from various reading articles.

Ooi Teik Bee

11,568 posts

Posted by Ooi Teik Bee > 2014-04-27 23:22 | Report Abuse

Posted by fortunebullz > Apr 27, 2014 06:25 PM | Report Abuse

Brendon, you have the right mindset to be successful investor! Congrat!

Ans : At least he learned to be focused. Not every stock is a good stock to invest. I only worry he does not have enough money to invest if he loses his focus.
Thank you.

Posted by duitbesarxxx > 2014-04-28 01:17 | Report Abuse

Apa dah, gua sapu besar masa murah, baru korang nampak ke? Otak korang letak kan mana dah...abang tunggu mahal jual korang...dapat duit besar...

Posted by Duitbesar > Mar 30, 2014 01:17 PM | Report Abuse

Hahahaha. Gua sapu Prestar bulan lepas. Saham keramat gua lepas OKA.
Posted by Duitbesar > Mar 30, 2014 01:20 PM | Report Abuse

Korang ikut Uncle Koon gila politik. Gua bagi tips saham korang jangan menyesal. Gua respect dengan Master Calvin,dia tak cakap politik bangang.

tpchuayap

855 posts

Posted by tpchuayap > 2014-04-28 09:32 | Report Abuse

Move...............

fabregas88

321 posts

Posted by fabregas88 > 2014-04-28 11:24 | Report Abuse

sold =D

JamieO

14 posts

Posted by JamieO > 2014-04-28 21:56 | Report Abuse

Mr Ooi can you comment on today's market and Is the chart showing bullish still?

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-04-28 22:04 | Report Abuse

Mr Ooi, besides the stocks that u recommend, i do invest in good quality stocks too eg Dlady and Nestle. Had held them for more than 6 years, they are my golden goose!

Jay48

13 posts

Posted by Jay48 > 2014-05-01 23:39 | Report Abuse

Contributed by Brenden the exercpt below. With the Expressway and highway in line for growth will it be 1.12 by this year?

Its NTA stood at RM 1.11 per share as at Dec 31 2013. It is worth nothing that the company had a number of land and properties reserved that had yet to be revalued.

Prestar’s prospects remain bright as the company had been set to bag more lucrative projects, especially highway guardrails from going forward …
- West Coast Expressway, 273km (40km linking Ipoh to WCE to be built later);
- DASH Highway 20.1km;
- Kidex Highway 14.9km;
- SCORE corridor (320km stretch from Tanjung Manis to Samalaju), extension to Mukah, Baram and Tunoh

There is rumor that Prestar had bagged in the WCE project for guardrails which is worth more than RM400m for the 273km stretch. A 15% profit margin will contribute towards a net EPS of RM0.33 (Based on RM60m profit / 180.98m shares) on top of its current business and operation. The WCE whcih carries a GDV of RM6b will see actual job fully dished out on 2H 2014.

In addition ongoing KVMRT Line 1, the KVMRT Line 2 and the future of KVMRT Line 3 will continue to see steel demand in the coming years from 2014.

The ideal intrinsic value is rm 1.12, a 70% premium over last transacted price of 67sen.

tpchuayap

855 posts

Posted by tpchuayap > 2014-05-02 09:10 | Report Abuse

Wait for the day...

Ray Yong

42 posts

Posted by Ray Yong > 2014-05-02 15:12 | Report Abuse

price dropping at the moment... hold a little bit more longer?

Ray Yong

42 posts

Posted by Ray Yong > 2014-05-05 11:06 | Report Abuse

price nearing the support... omg

Barbarian

939 posts

Posted by Barbarian > 2014-05-07 15:38 | Report Abuse

If stable this stock looks attractive

WXGWXW

172 posts

Posted by WXGWXW > 2014-05-09 10:12 | Report Abuse

The long awaited time has come, go go

Barbarian

939 posts

Posted by Barbarian > 2014-05-09 13:08 | Report Abuse

This stock is pushing very hard today......BUY

Barbarian

939 posts

Posted by Barbarian > 2014-05-09 14:29 | Report Abuse

Go go prestar

Barbarian

939 posts

Posted by Barbarian > 2014-05-09 14:30 | Report Abuse

Feeling a gap up coming

min35

134 posts

Posted by min35 > 2014-05-09 14:49 | Report Abuse

barbarian any idea for the tp?

Barbarian

939 posts

Posted by Barbarian > 2014-05-09 14:51 | Report Abuse

I am looking at 79c for the play.

Barbarian

939 posts

Posted by Barbarian > 2014-05-09 14:53 | Report Abuse

Prestar did a gap up to 67c recently and it looks timely to get back on track now.

min35

134 posts

Posted by min35 > 2014-05-09 15:44 | Report Abuse

thanks alot barbarian.

Barbarian

939 posts

Posted by Barbarian > 2014-05-10 09:31 | Report Abuse

I like companies like this because they adjust themselves quietly just like Turbomech.

lhoong

337 posts

Posted by lhoong > 2014-05-10 10:53 | Report Abuse

BUY

Barbarian

939 posts

Posted by Barbarian > 2014-05-10 22:37 | Report Abuse

Looks like we are on wave 6 can anyone confirm the TP for this wave?

Barbarian

939 posts

Posted by Barbarian > 2014-05-10 22:38 | Report Abuse

Mr OTB can help out??

Bravo

364 posts

Posted by Bravo > 2014-05-11 00:51 | Report Abuse

OTB, how is the chart for L&G-LA? :)

Ooi Teik Bee

11,568 posts

Posted by Ooi Teik Bee > 2014-05-11 00:53 | Report Abuse

There is no Wave 6. Max Wave up is 5 Wave up.
I cannot count the wave for this stock. Very complicated. I do not see a clear wave up. The trend is a gradual up trend bias.
Thank you.

Barbarian

939 posts

Posted by Barbarian > 2014-05-11 01:00 | Report Abuse

Elliot wave up to 8

Ooi Teik Bee

11,568 posts

Posted by Ooi Teik Bee > 2014-05-11 01:01 |

Post removed.Why?

Barbarian

939 posts

Posted by Barbarian > 2014-05-11 01:05 | Report Abuse

Commodity Channel index

Ooi Teik Bee

11,568 posts

Posted by Ooi Teik Bee > 2014-05-11 01:06 | Report Abuse

5 waves up are made up of the followings :-
1st Wave up
2nd Wave down
3rd Wave up
4th Wave down
5th Wave up.
After these 5 Wave up, it is followed by 3 wave down as follows :-
A Wave down
B Wave up
C Wave down
All aforesaid waves complete 1 up and down cycle (Up trend cycle).
Thank you.

lhoong

337 posts

Posted by lhoong > 2014-05-12 11:37 | Report Abuse

buy

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