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

barbarian

939 posts

Posted by barbarian > 2014-06-26 16:21 | Report Abuse

Kekekeke bones so funny....if Prestar rm2 I treat you to Crazy Crab or Crab factory...

Posted by bonescythe > 2014-06-26 16:31 | Report Abuse

I dun eat crab

barbarian

939 posts

Posted by barbarian > 2014-06-26 18:48 | Report Abuse

Don't have to eat lor.....I only treat mah...kekekeke

chia88

1,189 posts

Posted by chia88 > 2014-06-27 08:38 | Report Abuse

This stock will go up today!

Posted by bonescythe > 2014-06-27 09:11 | Report Abuse

Lol :D

member41

3,718 posts

Posted by member41 > 2014-06-27 09:13 | Report Abuse

Dr bone Prestar is magic. Thanks. 70 soon

Posted by bonescythe > 2014-06-27 09:22 | Report Abuse

Boom chak chak

fabregas88

321 posts

Posted by fabregas88 > 2014-06-27 09:34 | Report Abuse

The volume is high

johnny cash

6,400 posts

Posted by johnny cash > 2014-06-27 10:01 | Report Abuse

Prestar Resources (PRST MK)
Technical BUY with +19.5% potential return
Last price : RM0.64
Target Price : RM0.685, RM0.765
Support : RM0.60
Stop-loss: RM0.58
BUY with a target price of RM0.765 with stop
loss at below RM0.58. Share price has
gradually recovered from the low of RM0.56 on
9 Jun 14 as it rebounded off the steeper
trendline and successfully closed above the
“cloud” yesterday. A higher trading volume of
1.27m shares (vs 20-day average of 0.36m)
yesterday signifies renewed interest as PRST
rose above the 50.0% Fibonacci retracement
level of RM0.625. Additionally, an uptick in the
RSI and a positive reading of the MACD point
to a significant rise in momentum which in turn
should boost share price. As PRST is still
trading above the upward sloping 10-day and
21-day SMA lines along the long-term uptrend
line, we peg our target price at 1.61x Fibonacci
extension level.

calvintaneng

56,679 posts

Posted by calvintaneng > 2014-06-27 10:20 | Report Abuse

Clever Bonescythe double postings gave double booster to Prestar - Prestar Pressing On!

For Those who missed Prestar Rally

There Is A Laggard Worth Considering

Masteel

In Edge Financial Daily There Is A Purported Revival of Iskandar Rail Network of RM1.2 Billions for Masteel/KUB. If confirmed Masteel Should See Better Days Ahead.

Slnvestor

231 posts

Posted by Slnvestor > 2014-06-27 15:18 | Report Abuse

bonescythe . Ulicorp fly already. Prestar havent fly yet.

peazielle

44 posts

Posted by peazielle > 2014-06-28 11:56 | Report Abuse

The best is still yet to come.. TP for this counter is $1.30

member41

3,718 posts

Posted by member41 > 2014-06-28 15:39 | Report Abuse

Prestar fly after bones first write up when 56.5. Now is second round. Come come.

yoda88

499 posts

Posted by yoda88 > 2014-06-29 23:19 | Report Abuse

Prestar will be a star soon.

member41

3,718 posts

Posted by member41 > 2014-06-29 23:52 | Report Abuse

I didnt know they bagged the wce contract already. Where to see announcement?

dextronium

282 posts

Posted by dextronium > 2014-06-30 16:59 | Report Abuse

i think big volume buying between 67 to 67.5 sen.

keelin

170 posts

Posted by keelin > 2014-07-01 22:08 | Report Abuse

(吉隆坡20日訊)本地鋼鐵產品製造商鴻達資源(PRESTAR,9873,主板工業產品組)謹慎看待市場前景,將穩打穩扎續求增長,專注於國內和外銷市場,並積極開發新市場以尋求進一步成長。

該公司集團董事經理拿督杜友平在股東大會後表示,鴻達資源會繼續專注在本身的業務,隨着加強內部及結構性增長外,業務將專注在外銷,最新開發市場為泰國及菲律賓,同時加強印尼及新加坡的業務。
他說,除了本地市場,該集團會把業務鎖定在東南亞,一個6億人口的市場,隨着各東盟新興國家的崛起,經濟結構趨向穩定,使有關地區有很大的發展空間。
他說:“未來我們的業務會朝向這個方向尋求進一步成長。"面對成本逐漸提高,該集團從內部調控,加強成本效率,來對抗成本高的衝擊。
至于目前鋼鐵業面對中國的競爭,杜友平坦然表示,外來的競爭無法避免,只能把公司內部的結構做好,迎進新技術,提高產品素質,鞏固原有的顧客群,盡量把衝擊減至最低。
談及明年落實的消費稅對鋼鐵產品的影響,他希望政府在實施消費稅的同時,未來的公司稅也會降低,以抵銷消費稅措施的沖擊。
全年淨利1624萬
鴻達資源截至2013年12月31日止,全年淨利為1千624萬令吉,營業額為6億53萬令吉;2014年首季,該公司淨利為384萬4千令吉,營業額為1億5千748萬2千令吉。
他看好未來的前景並表示樂觀,2014年的業績會比2013年的好,會有雙位數的增長。( 星洲日報/財經)

Tina Khoo

223 posts

Posted by Tina Khoo > 2014-07-16 16:49 | Report Abuse

Up..up...up

member41

3,718 posts

Posted by member41 > 2014-07-16 22:59 | Report Abuse

Break 70 already nice. Waiting for Johnny 76.5 next.

hugosim

114 posts

Posted by hugosim > 2014-07-17 23:34 | Report Abuse

Good company

Posted by buleng58 > 2014-07-18 15:01 | Report Abuse

going up,but <hantu> a lot,block the price up.

teejw10

31 posts

Posted by teejw10 > 2014-07-21 16:29 | Report Abuse

Potential to reach RM 1.

tewnama

4,251 posts

Posted by tewnama > 2014-07-21 16:35 | Report Abuse

macam mana kamu tahu?

member41

3,718 posts

Posted by member41 > 2014-07-22 22:35 | Report Abuse

It will go up then down then higher up then down. Waiting for next up.

Posted by henrytham77 > 2014-07-28 17:37 | Report Abuse

tewnama, glad see u here, how long u invest this counter? i just start monitoring this...

Posted by henrytham77 > 2014-07-28 17:38 | Report Abuse

hi tewnama, this counter year end can reach rm4?

Posted by buleng58 > 2014-07-29 08:37 | Report Abuse

rm 4 waiting a long long.......

calvintaneng

56,679 posts

Posted by calvintaneng > 2014-07-29 11:36 | Report Abuse

Prestar's Guard Rails only depend on Highway Construction. MASTEEL's Long Steel Bars Are Used By MRT Pillars & Building Foundation (Used A Lot By Pintaras Jaya).

THE TIME FOR MASTEEL - THE MASTERS OF LONG STEEL TO PERFORM IS NOW! GREATER KL MRT RM40 BILLIONS PROJECT WILL NEED A LOT OF LONG STEEL!

Posted by drkervokian > 2014-07-30 09:24 | Report Abuse

PRESTAR aabout to become superstar today

teejw10

31 posts

Posted by teejw10 > 2014-07-30 10:07 | Report Abuse

Prestar is about to fly !

Posted by henrytham77 > 2014-07-30 10:28 | Report Abuse

not only today superstar... coming month will flying

Posted by drkervokian > 2014-07-30 14:54 | Report Abuse

thanks on the input on MASTEEL. Valuation wise it is underpriced. if they revised dividend policy the counter will definitely fly. will definately watch the counter

johnny cash

6,400 posts

Posted by johnny cash > 2014-07-31 13:04 | Report Abuse

Prestar Resources (PRST
MK)
Technical BUY with +10.3% potential return
Last price : RM0.725
Target Price : RM0.765, RM0.80
Support : RM0.70, RM0.60
Stop-loss: RM0.68
BUY with a target price of RM0.800 with stoploss
below RM0.68. Since correcting from a
previous high of RM0.685 to a 3-month low of
RM0.56, Prestar has seen its share price
recover above the 10- and 21-day SMA,
effectively reversing its downtrend. Since then,
the stock price has posted 8 consecutive
weeks of gains in tandem with the steady
pickup in trading volume as well as rising
MACD and RSI indicators. Yesterday’s share
price spike, which was accompanied by a
higher trading volume of 15.3m shares,
suggests that the stock would continue to trend
upwards steadily above both the 10- and 21-
day SMA lines towards the immediate
psychological resistance of RM0.80 in the
medium term.
Expected Timeframe: 2 weeks to 2 months

member41

3,718 posts

Posted by member41 > 2014-07-31 13:15 | Report Abuse

Thx johnny, still waiting 76.5 for this one.

teejw10

31 posts

Posted by teejw10 > 2014-07-31 17:14 | Report Abuse

Closed at 0.73 today. Slowly going up.

member41

3,718 posts

Posted by member41 > 2014-07-31 17:22 | Report Abuse

slow and steady good... unlike the volatile ifca

Posted by drkervokian > 2014-08-03 17:00 | Report Abuse

RM0.80 is possible not so much the technical indicators but because the dividend of 4 cents per share. that's a good 5%. pretty difficult to find counters offering >5% dividend these days. especially one with relatively ok fundamentals and with prices below NTA.

dextronium

282 posts

Posted by dextronium > 2014-08-03 17:51 | Report Abuse

It is 2 sen per share as the par value is 50sen.

member41

3,718 posts

Posted by member41 > 2014-08-03 23:22 | Report Abuse

Director sold at 72 and 73.5

Posted by drkervokian > 2014-08-06 16:29 | Report Abuse

yes you are right dextronium. the 4% looked like 4c in my screen!

teejw10

31 posts

Posted by teejw10 > 2014-08-08 11:02 | Report Abuse

been going down for the past several days....

ignasio

149 posts

Posted by ignasio > 2014-08-08 11:07 | Report Abuse

what is happening to Prestar?

Posted by henrytham77 > 2014-08-08 12:33 | Report Abuse

Obama Allows Limited Airstrikes on ISIS

member41

3,718 posts

Posted by member41 > 2014-08-08 12:49 | Report Abuse

After director selling start to drop

ignasio

149 posts

Posted by ignasio > 2014-08-08 13:27 | Report Abuse

still got hope?

Posted by henrytham77 > 2014-08-10 23:02 | Report Abuse

prestar nextweek will strongly rebound..

teejw10

31 posts

Posted by teejw10 > 2014-08-11 10:08 | Report Abuse

Why say so bro ?

Posted by drkervokian > 2014-08-12 12:16 | Report Abuse

As long as before 21st August good.

teejw10

31 posts

Posted by teejw10 > 2014-08-12 15:07 | Report Abuse

Hope that it will reach 80 cents by the time when the 2nd quarter result released

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