Posted by godofgamble > 2017-05-30 16:32 | Report Abuse

today many cheap stock can collect..

Posted by paperplane2016 > 2017-05-30 17:15 | Report Abuse

from chart, 1.13 could be the bottom.....thinking if can go further down not.......please lah.......down more

Posted by maol > 2017-05-30 17:47 | Report Abuse

2016/7/26 chart 图 与今天非常相似 可能再跌15%

Posted by Sharemakers > 2017-05-30 17:47 | Report Abuse

Icu bed standby liao, FIRST come FIRST serve

Posted by Sharemakers > 2017-05-30 17:53 | Report Abuse

Crying to see coffin in front of eyes...

Posted by Sharemakers > 2017-05-30 17:54 | Report Abuse

Lovebite Tomorrow standby pampers for another laosai day. Advice from sifu.
29/05/2017 21:48

Sifu won't lie
30/05/2017 09:48

Posted by paperplane2016 > 2017-05-30 18:39 | Report Abuse

where got laosai? aiyo, I wait and wait laosai to RM1, never happen.

Posted by tbk2017 > 2017-05-30 18:45 | Report Abuse

everyday red!!

Posted by 77huat77 > 2017-05-30 19:03 | Report Abuse

Maol not only 15%

Posted by Invest1188 > 2017-05-30 19:30 | Report Abuse

Dun complain, complain no use, just take action

Posted by paperplane2016 > 2017-05-30 19:32 | Report Abuse

What action?

Posted by tbk2017 > 2017-05-30 19:50 | Report Abuse

25/05 -0.04 1.20
26/05 -0.02 1.18
29/05 -0.01 1.17
30/05 -0.04 1.13
31/05 ? ?

Posted by paperplane2016 > 2017-05-30 20:05 | Report Abuse

1.10?he he

Posted by VenFx > 2017-05-30 20:07 | Report Abuse

Trading mode now, but up trending intact.

Posted by henghuat888 > 2017-05-30 21:07 | Report Abuse

paperlane sifu..tomorrow u got attend or not?

Posted by henghuat888 > 2017-05-30 21:07 | Report Abuse

AGM

Posted by Alex > 2017-05-30 21:34 | Report Abuse

要钱不要票 > <

Posted by Alex > 2017-05-30 21:35 | Report Abuse

29-May-2017 Additional Listing ESOS - 886,000 shares at 0.830.
29-May-2017 Insider ENCIK MD NAHAR BIN NOORDIN (a company director) disposed 135,000 shares on 26-May-2017.

老板也收工了 =(

Posted by Winmore88 > 2017-05-30 21:42 | Report Abuse

1.08 perhaps?

Posted by OptimusCallMeBaba > 2017-05-30 21:43 | Report Abuse

Music stop?

Posted by paperplane2016 > 2017-05-30 22:05 | Report Abuse

haha. no attend, need to work......but anyway, wait for esos to sell down. sure rebound after this

Posted by paperplane2016 > 2017-05-31 00:48 | Report Abuse

If you are disappointed with recent price movement, read this
http://klse.i3investor.com/blogs/kianweiaritcles/124105.jsp
My sifu 心法！心法战胜一切内心恶魔！
May we have peace in mind and let the good results reflect themselves in share price for future!

Posted by Sharemakers > 2017-05-31 08:53 | Report Abuse

Drop again

Posted by Henry Chan > 2017-05-31 09:23 | Report Abuse

Green ad

Posted by sfthamsf > 2017-05-31 11:00 | Report Abuse

Heng Huat 888, are you attending the AGM, can share the AGM info, please? Thank you...

Posted by paperplane2016 > 2017-05-31 11:32 | Report Abuse

haha. no need attend AGM. action speaks louder than words! Dr.Neoh said!

Posted by Henry Chan > 2017-05-31 11:49 | Report Abuse

@paperplane, Ekovest or WCEHB is better in your opinion?

Posted by godofgamble > 2017-05-31 12:30 | Report Abuse

it can drop more

Posted by Rocketfuel > 2017-05-31 12:32 | Report Abuse

Datuk Toh sounds very bullish during the AGM! he cant comment on his family's increased stake in prestar, but he hinted better prospects in the company and of course will put money where the confidence is.

Keypoints:
-FY16 margins improved cos of Megasteel closure and now they can source raw material from overseas, namely from POSCO which they already have JV relationship. POSCO is world's 4th largest steel mill. Cheaper, reliable, on time delivery. This kind of margins will be sustainable as long as they are not forced to source from suppliers like megasteel

-Prestar is supplier and maintainence contractor of highway guardrails. They supplied to North-South Highway and most parts of Selangor e.g. Federal highway, DUKE etc. They will supply for East Coast highway and Pan Borneo and are looking to tap into ASEAN market too

-Their wheelbarrows and handtrucks are supplied around Malaysia's and Indonesia's palm oil estates. They already have operations and warehouse in Indonesia, so its not hard to expand their reach

Certainly sounds like Prestar is going in the right direction and management sounds bullish!

Posted by latlut > 2017-05-31 12:34 | Report Abuse

@Rocketfuel, many thanks for the update

Posted by paperplane2016 > 2017-05-31 12:42 | Report Abuse

Henry Chan @paperplane, Ekovest or WCEHB is better in your opinion?

Both is good. I choose to listen Felicity.
Continue hold AIRASIA, EKOVEST, WCEHB.

I want to engineer slowly my portfolio there. once Prestar hit 100%, i will switch

Posted by paperplane2016 > 2017-05-31 12:43 | Report Abuse

Keypoints:
-FY16 margins improved cos of Megasteel closure and now they can source raw material from overseas, namely from POSCO which they already have JV relationship. POSCO is world's 4th largest steel mill. Cheaper, reliable, on time delivery. This kind of margins will be sustainable as long as they are not forced to source from suppliers like megasteel

Great sharing bro! Margin SUSTAINABLE!

EPS will be sure 0.0499 and more once borrowing paid down!

Posted by paperplane2016 > 2017-05-31 12:45 | Report Abuse

0.05x4=0.20 EPS is easy.

0.20xpe5=1
pe8=1.60
pe10=2.00

pe15=3.00 (ultimate Case, when STEEL sector revised in avg to PE 15!!)

Posted by fattycat > 2017-05-31 13:03 | Report Abuse

continue to hold until rm2 ~~~~
is possible~~~

Posted by paperplane2016 > 2017-05-31 13:10 | Report Abuse

So shall mkt give pe 5,8,10,or 15
In view of reducing debts, improving profit as injecting business..... It is just like the kesm case last 2 years. People.dont believe it can double. But looking at facts, it is just expected.

Posted by Invest1188 > 2017-05-31 13:24 | Report Abuse

I do not see the debt reducing but increasing by 20 million, look at the
Last qtr repoty

Posted by paperplane2016 > 2017-05-31 13:45 | Report Abuse

invest1188, look into future. they already said after selling Vietnam operation, they still start reducing debts.

Posted by Rocketfuel > 2017-05-31 13:55 | Report Abuse

The bulk of their debt is in trade financing. Its very common for companies to use trade financing for transactions involving buying raw material and then completing their manufacturing process to sell off products. Kind of like import export transactions. All short term in nature just to fund their raw material purchase

Posted by Rocketfuel > 2017-05-31 14:01 | Report Abuse

More points to add from the AGM:

- Prestar is seeing an increase of orders for their warehouse solutions, not just in malaysia but ASEAN countries like singapore, thailand, indonesia. Warehouse racking and forklifts. In a very good position to benefit from e commerce warehouse usage.

-Prestar has spent some capex to use robotics and automation for their steel processing line. This will reduce the labour cost, improve margins further and also quicken the production process. You can see in this years annual report, they spent 7mil for new facilities

Posted by 77huat77 > 2017-05-31 14:16 | Report Abuse

Rocketful Thank you so much for the useful info

Posted by henghuat888 > 2017-05-31 14:23 | Report Abuse

thanks you rocketful your AGM info..appreciate those useful info that you given. paperplane sifu..any TP for this counter??

Posted by paperplane2016 > 2017-05-31 15:14 | Report Abuse

0.20xpe5=1
pe8=1.60
pe10=2.00


you choose your PE.

Posted by paperplane2016 > 2017-05-31 15:15 | Report Abuse

rocketfuel is exper!

Posted by henghuat888 > 2017-05-31 15:39 | Report Abuse

i check from source showing historical PE park at 8 close to pe9..if prestar margin getting more then another story due EPS blink blink more. hahaha

need your crystal ball

Posted by 77huat77 > 2017-05-31 16:04 | Report Abuse

esos will dilute eps

Posted by ooihk899 > 2017-05-31 16:04 | Report Abuse

Thank you Rocketfuel

Posted by aiboon > 2017-05-31 16:33 | Report Abuse

market rebound liao...chiong ba

Posted by lkwah86 > 2017-05-31 17:34 | Report Abuse

鸿达触角伸至东盟．放眼国内大道防护栏项目
http://www.klsescreener.com/v2/news/view/239065

Posted by paperplane2016 > 2017-05-31 19:27 | Report Abuse

Hope they expand healthy. As many south east Asia countries building facilities

Posted by nicky11 > 2017-05-31 19:44 | Report Abuse

Finally see Prestar green after good QR announced.. haha