Posted by fattycat > 2017-05-25 19:37 | Report Abuse

yeah~~~ i so happy ~~~

Posted by leealex24 > 2017-05-25 19:39 | Report Abuse

Great result!

Posted by Wei Hong > 2017-05-25 19:46 | Report Abuse

sudah panggil u all hold tight tight. congrats all.

Posted by leont > 2017-05-25 19:57 | Report Abuse

Q1 2017 quarter is better than Q1 + Q2 2016 quarter result... indeed brilliant results by Prestar!

Posted by paperplane2016 > 2017-05-25 20:06 | Report Abuse

It proof with current steel price EPs can be sustained at 0.49, so rerating will happen soon. Buy before too late and regret. Rm2 is definitely possible

Posted by paperplane2016 > 2017-05-25 20:09 | Report Abuse

Ong ah

Posted by Ooi Teik Bee > 2017-05-25 20:10 | Report Abuse

Posted by paperplane2016 > May 25, 2017 07:23 PM | Report Abuse

yeah. even before special case, lowering borrowing, more acquired profit sudah sui sui 0.499, easily 0.50 next few Q lah

Dear paperplane2016,
Good call and good work done. You are simply superb.
Thank you.

Posted by Gaybird Lim > 2017-05-25 20:10 | Report Abuse

Congratulations!

Posted by aseng > 2017-05-25 20:16 | Report Abuse

sifu paperplane2016, you are Stock God !!!!!

Posted by LA777 > 2017-05-25 20:28 | Report Abuse

Wow, many heavy weight sifus here, will add more tomorrow morning.

Posted by Apollo Ang > 2017-05-25 20:32 | Report Abuse

tomoro add? too late lah,later we chase at high price later profit taking set in we r dead, so better stay on the sideline

Posted by abangadik > 2017-05-25 20:37 | Report Abuse

paperplane wont take creditla..he follow stockgod here one..I also follow StockGod here..

Posted by Apollo Ang > 2017-05-25 20:38 | Report Abuse

tomoro open up lah but cannot limit up for sure.but likely profit taking will emerge

Posted by MrPauper > 2017-05-25 20:42 | Report Abuse

May i know who is stockgod?

Posted by husky88 > 2017-05-25 21:02 | Report Abuse

Paper is stockgod.

Posted by Winmore88 > 2017-05-25 21:03 | Report Abuse

hi guys, sorry to ask u guys a silly question, can enlighten me up , prestar and masteel, which is better ya ? I have no knowledge in steel industry, but intended to invest tmr

Posted by noah > 2017-05-25 21:03 | Report Abuse

wow...otb oso enter prestar?

Posted by Winmore88 > 2017-05-25 21:04 | Report Abuse

otb?

Posted by John Lu > 2017-05-25 21:07 | Report Abuse

Hoseh...paper, are u sure rm2?? For me..busuk busuk 2.50!!

Posted by LA777 > 2017-05-25 21:17 | Report Abuse

Apollo Ang, I am holding some now, just feel like want to add more tmrw.

Posted by leont > 2017-05-25 21:23 | Report Abuse

Win more, prestar is more to automotive pipes, furniture pipes, guardrail, storage system racking and wheelbarrow handtrucks whereas masteel is more towards the construction development steel producer... both have their edge

Posted by hisehatu > 2017-05-25 21:30 | Report Abuse

no limit up la.. market not so strong.if can close at 1.3 good enuf.

Posted by paperplane2016 > 2017-05-25 21:53 | Report Abuse

I am not the one. Credit not to me, to stock God. Congrats for everyone. Let's watch tomorrow.

Posted by paperplane2016 > 2017-05-25 21:54 | Report Abuse

John, don't be like that, rm2 as start first. Then pe for whole steel industry rerate. Then 2.50

Posted by paperplane2016 > 2017-05-25 21:55 | Report Abuse

Look at prestar products. They suppose to do well, with constructions in malaysia

Posted by Winmore88 > 2017-05-25 22:14 | Report Abuse

thanks guys

Posted by abangadik > 2017-05-25 22:27 | Report Abuse

Yes. Planeplane, prestar is a good proxy combo for steel-constrution play due to their road furniture niche. I think Sarawak subtheme isnt very talk about yet. Pan-borneo, possible rail...

Khdos to Stockgod!

Posted by paperplane2016 > 2017-05-25 22:29 | Report Abuse

鸿达资源(PRESTAR，9873)首季净利暴涨近2倍!
该公司在截至3月31日止的首季里，营收上扬了21.5%至1亿7572万令吉；净利则暴增194%至929万令吉。
换成每股计算的净利是4.99仙。
图为4月24日第425期《资汇》的分析报导。

Posted by Rocketfuel > 2017-05-25 22:37 | Report Abuse

http://www.theedgemarkets.com/article/prestars-earnings-almost-triple-1q-thanks-wider-margin

promo by edgemarkets!

Posted by paperplane2016 > 2017-05-25 22:42 | Report Abuse

All news covering prestar soon.

Posted by suregain > 2017-05-25 23:08 | Report Abuse

Apolo, stil can buy meh? Up from 56 sen.. oredi double

Posted by swchin22 > 2017-05-25 23:09 | Report Abuse

Will rebound...hold tight....

Posted by Invest1188 > 2017-05-25 23:11 | Report Abuse

Hi paperplane, why do you think many steel counters results good but share price drop

Posted by Apollo Ang > 2017-05-25 23:13 | Report Abuse

tomoro open sure up how to buy? short term maybe can up to 1.40 and above.hopefully profit will not down next quarter.if profit down next quarter potentially can down below RM 1.00. it is up for u to decide.that is my opinion.

Posted by suregain > 2017-05-25 23:28 | Report Abuse

Learn lesson from annjoo la..

Posted by noah > 2017-05-25 23:28 | Report Abuse

apollo.
impossible profit will down next QR.
if you follow this company closely you should know the reason.

but if you don't too bad

Posted by suregain > 2017-05-25 23:29 | Report Abuse

No confidence with this kind of company.. track record oso not so good

Posted by Star8888 > 2017-05-25 23:41 | Report Abuse

Agree with noah, if some body know more about Prestar then will definitely know next quarter result will be even outstanding than this quarter.

Posted by noah > May 25, 2017 11:28 PM | Report Abuse
apollo.
impossible profit will down next QR.
if you follow this company closely you should know the reason.

but if you don't too bad

Posted by Apollo Ang > 2017-05-25 23:45 | Report Abuse

u say profit cannot down, but what if profit down slightly? what is the consequences?

Posted by nicky11 > 2017-05-25 23:45 | Report Abuse

Haha, next quarter u know I know ya..xD

Posted by probability > 2017-05-25 23:46 | Report Abuse

ha ha..

Posted by nicky11 > 2017-05-25 23:47 | Report Abuse

For those will spread those negative comment one, no point to explain to much to them..

Posted by Apollo Ang > 2017-05-25 23:49 | Report Abuse

precaution not negative comments.better be safe than sorry.wanna buy a lot cannot simple pick and pluck. have to think carefully before investing

Posted by leont > 2017-05-25 23:50 | Report Abuse

Apollo, I suggest you go read what's the recent updates by the company and only comment further... people here who have been following this counter here knows it won't be down the next quarter... the answer is within the announcement...

Posted by Apollo Ang > 2017-05-25 23:57 | Report Abuse

I know abt that I just say what if a sudden downturn in steel prices? that unforeseen things cannot be predicted

Posted by probability > 2017-05-25 23:58 | Report Abuse

Apollo...among all steel stock prestar is the least to go into loss making territory...others are volatile unlike prestar.

Posted by leont > 2017-05-25 23:59 | Report Abuse

Then do proper research and study regarding the industry lor... there's too many what if in life...

Posted by nicky11 > 2017-05-26 00:00 | Report Abuse

Seems like Leont, probability and I are one of Prestar shareholders who still active in this forum since few months ago. Glad to see u both still holding it. xD

Posted by Apollo Ang > 2017-05-26 00:00 | Report Abuse

in 2014 and 2015 why the stock down to below 50cts only?

Posted by leont > 2017-05-26 00:04 | Report Abuse

if you look at 2014 and 2015 results... most steel counters are making losses but Prestar is making full year reasonable profits and paying dividend even though the industry was bad back then and nobody was looking at steel counters back then... when the industry is good most steel counters performed and so as the company performed and brought value to the shareholders... which explains the share price today and the 50 cents back then when the market was bad...