Posted by paperplane2016 > 2017-07-11 13:22 | Report Abuse

Why? I am looking at masteel. Maybe topup masteel first. Prestar not moving much. Too many rich ppl buying

Posted by henghuat888 > 2017-07-11 13:24 | Report Abuse

I ady queue 500 lots at 0.96 for masteel
Shhhh

Posted by Yew Fei > 2017-07-11 13:32 | Report Abuse

All sifu , which steel stock better ?

Posted by Yew Fei > 2017-07-11 13:33 | Report Abuse

Ss steel ok ? Or mas steel or anjoo better

Posted by wolf1 > 2017-07-11 14:14 | Report Abuse

500lots at 1.20, give me 1.35 enough laio

Posted by ooihk899 > 2017-07-11 16:56 | Report Abuse

ya, tomorrow drop to 1.13

Posted by henghuat888 > 2017-07-11 18:20 | Report Abuse

Aiyo..no wonder big shark push down la

esos pasal

Posted by leont > 2017-07-11 19:12 | Report Abuse

Toh family purchased 300 lots at 1.32 on 6/7... refer to latest announcement

Posted by ming > 2017-07-11 20:36 | Report Abuse

3745 lot ba

Posted by henghuat888 > 2017-07-11 20:41 | Report Abuse

Whole family is on buying..more few days will got more statements come out? Due shares price is cheap now !!!

Posted by pitbull > 2017-07-11 21:40 | Report Abuse

Got any announcements link to share at here?

Posted by bigbigboss > 2017-07-11 21:57 | Report Abuse

what i see toh family buy in high price sure have something want to come ? bonus issue ?

Posted by bigbigboss > 2017-07-11 22:24 | Report Abuse

They buy in average price is 1.30++

Posted by paperplane2016 > 2017-07-12 08:44 | Report Abuse

seems like director buying instead selling woh

Posted by paperplane2016 > 2017-07-12 08:46 | Report Abuse

I think some corp action soon? ALL buying UP like mad.....must be good news good news loh

Posted by paperplane2016 > 2017-07-12 08:49 | Report Abuse

Name DATO' TOH YEW PENG
Descriptions(Class) Ordinary shares

Details of changes

No
Date of change

No of securities

Type of transaction

Nature of Interest

1
06/07/2017

374,500

Acquired

Indirect Interest

Name of registered holder Y. K. TOH PROPERTY SDN. BHD.
Description of "Others" Type of Transaction
Consideration (if any) RM489,149.43

Posted by paperplane2016 > 2017-07-12 08:50 | Report Abuse

DIRECTOR willing to pay RM1.30 for their shares. I feel safe to buy more now. hahaha

Posted by fireinvestor > 2017-07-12 09:19 | Report Abuse

Go up more... cover back yesterday's losses.

Posted by henghuat888 > 2017-07-12 09:23 | Report Abuse

Aiyo..plane then is good or bad? I don't know how to judge it, need your help on it.
I just blindy follow plane you then non stop buying it.

Posted by Henry Chan > 2017-07-12 09:26 | Report Abuse

so weird yesterday before close ppl selling @1.19

Posted by henghuat888 > 2017-07-12 09:31 | Report Abuse

Sell at market sentiment buy back at statements..my plane sifu said it

Posted by fireinvestor > 2017-07-12 09:47 | Report Abuse

Top up at 1.20, final average at 1.17.... makan nasi or bubur see this stock already.

Posted by paperplane2016 > 2017-07-12 12:09 | Report Abuse

aiya, just buy and hold.
If CRISIS happen tomolo so how?

Ask yourself this.
If company in NET CASH, what to worry.
If not NET cash, got borrowing, interest hike, higher cost to pay.

Then it is until cant survive?

Then is borrowing low to survive. will operation affected by crisis.....

ALL this need to ask yourself.

Posted by kongxkong > 2017-07-12 12:38 | Report Abuse

any sifu can explain so yesterday drop because of this esos? but after that always up usually..last time esos at 53c now also 1.30 ma

Posted by paperplane2016 > 2017-07-12 12:40 | Report Abuse

what esos. esos is peanuts

Posted by Upup168 > 2017-07-12 12:47 | Report Abuse

profit taking. will come back higher!!

Posted by Andy Ooi > 2017-07-12 13:15 | Report Abuse

Esos just wayang

Posted by kongxkong > 2017-07-12 15:52 | Report Abuse

Wayang and peanuts then. Added some today 1.21. Haha. Just that no one thought the timing too ngam for the selldown yesterday? volume significantly high

Posted by Henry Chan > 2017-07-12 15:57 | Report Abuse

This company is not net cash right

Posted by swiftwind > 2017-07-12 16:37 | Report Abuse

Not yet. It has 150mil short term debt, but this has to do with inventories and common for steel companies.

Its long term debts are around 10 million, however disposal of Vietnam factory will service that debt.

Probably will only have short term debt left in 1-2 quarters.

Posted by paperplane2016 > 2017-07-12 17:26 | Report Abuse

Net cash very soon. Don't regret. It will be 1.80 faster than you think

Posted by Teo Jiunntian > 2017-07-12 17:40 | Report Abuse

Proposed listing of its subsidiary.

Posted by swiftwind > 2017-07-12 17:59 | Report Abuse

Interesting, spinoff of Tashin steel. Wonder how will the new shares be priced and how much Prestar will trade afterwards. Anyways, currently at proposal stage.

Posted by HamzahB > 2017-07-12 18:00 | Report Abuse

Hi bros, was away for a period.. Today come back see past two day major drama, fall then raise so much.

What's happening?

Posted by paperplane2016 > 2017-07-12 18:20 | Report Abuse

Now I understand.hajahauaja

Posted by paperplane2016 > 2017-07-12 18:32 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5484277

Posted by leont > 2017-07-12 18:35 | Report Abuse

Prestar growing bigger... growing stronger

Posted by Rocketfuel > 2017-07-12 19:59 | Report Abuse

Without Tashin steel, Prestar will change from mid-stream and downstream steel player to fully downstream steel products player?

Posted by fattycat > 2017-07-12 19:59 | Report Abuse

just read this anouncement in bursa
interesting....but
any good impact on us ?
hahaha ;got free shares mah?

Posted by pareto_8020 > 2017-07-12 20:02 | Report Abuse

Proposed listing of subsidiary, interesting

Posted by ooihk899 > 2017-07-12 20:23 | Report Abuse

No need to get excited yet, just initial stage.

Posted by paperplane2016 > 2017-07-12 20:28 | Report Abuse

What makes them to spin off?
Is this a signal of huge mkt growth coming and expected?

Posted by leont > 2017-07-12 20:33 | Report Abuse

IMO it's for their company to grow their subsidiaries up and spin off for better value of Prestar... Prestar spinned off Posco 10 years ago and now Tashin

Posted by Rocketfuel > 2017-07-12 20:35 | Report Abuse

Insiders buying and raising their stakes, we also buy la!

Posted by Upup168 > 2017-07-12 22:19 | Report Abuse

Good news!! listing of subsidiary!

Posted by tallman > 2017-07-12 23:09 | Report Abuse

Can direct get Tashin without apply IPO?

Posted by paperplane2016 > 2017-07-13 02:23 | Report Abuse

http://tashin.com.my

Posted by paperplane2016 > 2017-07-13 02:25 | Report Abuse

Holding company of THSB, TSSB started operation in October 1999. Its principal activities are processing of steel mother coils into Slit Coils and Sheets, trading and manufacturing of Flat & Square Bars, Steel Pipes, Expanded Metal, Checkered Plate and C Purlins.
TSSB’s steel products are widely utilized and applied in various industries such as Automotive, Furniture, Electronics & Electrical, Construction, Engineering Fabrication and etc.
It has obtained ISO 9001 certification in July 2005.

Posted by paperplane2016 > 2017-07-13 02:26 | Report Abuse

TASHIN HARDWARE SDN BHD
(642549-V)
Commenced operation in 2004 as a trading company for steel products. THSB started the manufacturing activities for Steel Pipes, Flat and Square Bars, Expanded Metal, Checkered Plates, C Purlin and etc in Jan 2013 to meet customers’ increasing demands.
Our knowledge in steel making and excellent production facilities enable us to offer custom-made solutions to fulfil customers’ stringent needs, be it local or overseas.
In addition to TSSB manufactured products, Tashin Hardware is a stockist of the following various products cater to satisfy clienteles’ procurement :
Square and rectangular hollow sections
Window pipes
Heavy section flat bars and plates
Checkered plates etc.
Furniture pipes
Black & G.I. Pipes
MS channels and angle bars

Posted by James James > 2017-07-13 08:53 | Report Abuse

Prestar Resources Berhad ("PRB" or "the Company")-Proposed Lisitng of Tashin
Steel Sdn. Bhd. ("TSSB"), a 51%-owned subsidiary of the Company on the ACE
Market of Bursa Malaysia Securities Berhad ("Bursa Securities")