Posted by irisjoo > 2017-11-17 11:29 | Report Abuse

as per announcement dd 28 Apr 2017, Vietnam plant was ceased operation in Dec 2016.

Posted by samheong78 > 2017-11-17 11:30 | Report Abuse

https://www.thestar.com.my/business/business-news/2017/11/16/fear-of-glut-grips-commodities/

Posted by samheong78 > 2017-11-17 11:34 | Report Abuse

Hi Bird, I interpret above article as China slowdown will going to impact metal price. Think steel price might going down, maybe back to the old days when all steel counter registering double digit losses .. It is only speculative in nature. It might not happen and all steel counter could still be earning huge profit .. so there is some risk here.

Posted by Bird87 > 2017-11-17 11:38 | Report Abuse

the chances could be 50/50 la sam

Posted by asiv92 > 2017-11-17 11:47 | Report Abuse

PIVCL disposal was about RM 22mil, good deal.. why all panic, and yes metal prices has declined but that doest not mean company is bad.. see the FA part, previous performance when prices was down company still making money what... on top of that was still paying dividend. this is just temporary downtrend. Owh well, those with brave heart will buy.. and fund support will start coming back in year end

Posted by Bird87 > 2017-11-17 11:48 | Report Abuse

i plan to bujy some and keep tho since price so low now

Posted by underachiever > 2017-11-17 11:57 | Report Abuse

grossly oversold by panic sellers, no large volume, only retailers. when results post otherwise, price should recover swiftly.

Posted by wolf1 > 2017-11-17 12:09 | Report Abuse

Knn, in 117 yesterday though very good deal laio. Lags 110

Posted by RJ87 > 2017-11-17 12:21 | Report Abuse

Not brave heart...with brains...

Posted by ValueMaker78 > 2017-11-17 13:16 | Report Abuse

Wao, seems like best offer today.
See you guys in next year AGM ya.
I have no idea why all people panic selling, as I told before the company business as usual.
Vietnam deal is past tense.

Posted by ttluck > 2017-11-17 16:35 | Report Abuse

what i saw is megasale....those whoever miss prestar @1.1...can start collect now

Posted by ttluck > 2017-11-17 16:36 | Report Abuse

all steel counter also the same.....nothing to worry la

Posted by Bird87 > 2017-11-20 11:23 | Report Abuse

steel counter still red red lor ttluck

Posted by GeniusTinker > 2017-11-20 12:19 | Report Abuse

Really a bad sign for this counter

Posted by kentg03 > 2017-11-20 14:57 | Report Abuse

Test new low again

Posted by Henry Chan > 2017-11-20 15:00 | Report Abuse

1.08 :(

Posted by Bird87 > 2017-11-20 15:00 | Report Abuse

Party continue actually what happen I also Duno any insider news ?

Posted by kentg03 > 2017-11-20 15:04 | Report Abuse

Guess is qr bad then ppl dump 1st

Posted by Henry Chan > 2017-11-20 15:16 | Report Abuse

Dumb from 1.3 to 1.07?

Posted by kentg03 > 2017-11-20 15:19 | Report Abuse

From 1.48

Posted by Bird87 > 2017-11-20 15:29 | Report Abuse

Even qr bad also won’t dump so much ba ? Wtf .... sure got something inside

Posted by Bren21 > 2017-11-20 16:27 | Report Abuse

i guess someone in this forum was promoting this counter for almost a year sold off ... then changed to another counter ...you guys guess.

Posted by GeniusTinker > 2017-11-20 16:41 | Report Abuse

OTB?? who else?

Posted by samheong78 > 2017-11-20 16:51 | Report Abuse

Shark is selling. Someone queue 750,000 at 1.06

Posted by duckoil > 2017-11-20 16:54 | Report Abuse

shark selling so we should sell also?

Posted by Roman Lee > 2017-11-20 17:25 | Report Abuse

dont worry fundamental of the stock still intact. dont be panic . keep long term / sell unless u need money. be water my friend.

Posted by Henry Chan > 2017-11-20 17:29 | Report Abuse

Roman, how about those holding 1.2-1.4 lol

Posted by SALAM > 2017-11-20 17:33 | Report Abuse

One of the top counters recommended by GRAND SIFU OTB. I presume you no need worry lah ...

Posted by ttluck > 2017-11-20 17:36 | Report Abuse

i will still hold prestar....fundamentally strong....
tmr down....average down.....no more choice.....

Posted by SALAM > 2017-11-20 17:36 | Report Abuse

FF balik kampong la..Local fund chickened up..that's why market drop..

Posted by SALAM > 2017-11-20 17:40 | Report Abuse

Prestar apa takut. I heard OTB TP above RM1.90 man...

Posted by VenFx > 2017-11-20 18:02 | Report Abuse

Walau,,, koyak sudah

Posted by samheong78 > 2017-11-20 18:23 | Report Abuse

Just hope that shark stop selling, if not it really can drop all the way back to 0.90 no kidding...

Posted by shareinvestment7 > 2017-11-20 18:28 | Report Abuse

today free fall no support, prepare cut loss tomorrow if cont sell down :(

Posted by GeniusTinker > 2017-11-20 18:53 | Report Abuse

OTB TP 1.90? Or 0.90? Look at the trend past few days, more likely is 0.90 le. By the way any news on listing Tashin??

Posted by noah > 2017-11-20 19:02 | Report Abuse

i am not that into technical.
but could technical sifus enlightens us on the immediate support level?

coz from what i see there seem to be no support till around 0.9 level.

Posted by ==Hengyuan SEXy Babe=== RM21! > 2017-11-20 19:04 | Report Abuse

Wait coming result to see how first.

Posted by Ooi Teik Bee > 2017-11-20 19:23 | Report Abuse

Look at the below link.
http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=9873

EPS = 0.218
PER = 5
It appears quarter result should be good.

Last 4 days sell down like a waterfall. Do not know who is the seller queue 700,000 at 1.06 at last minute ?

Thank you.
Ooi

Posted by uncle988 > 2017-11-20 19:48 | Report Abuse

Don't worry. master Guru OTB is here, it suppose should be the good time to collect.

Posted by duckoil > 2017-11-20 20:08 | Report Abuse

thanks for the confidence boost mr ooi

Posted by Bren21 > 2017-11-20 20:15 | Report Abuse

I m not sure but could this be the issue: announcement dated 10 Nov

Pursuant to Paragraph 14.08(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to inform that Encik Md. Nahar Bin Noordin, a Director of the Company who is currently holding the following shares in PRESTAR, intends to deal in the shares of PRESTAR during the closed period pending the announcement of PRESTAR's financial results for the third quarter ended 30 September 2017:-

Securities
Ordinary Shares

1,300,000

Price 0.658

Posted by Tom > 2017-11-20 20:54 | Report Abuse

it's direct interest 0.658%, not price 0.658......

Posted by Bren21 > Nov 20, 2017 08:15 PM | Report Abuse

I m not sure but could this be the issue: announcement dated 10 Nov

Pursuant to Paragraph 14.08(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to inform that Encik Md. Nahar Bin Noordin, a Director of the Company who is currently holding the following shares in PRESTAR, intends to deal in the shares of PRESTAR during the closed period pending the announcement of PRESTAR's financial results for the third quarter ended 30 September 2017:-

Securities
Ordinary Shares

1,300,000

Price 0.658

Posted by Bren21 > 2017-11-20 21:17 | Report Abuse

Tom...thanks

Posted by kentg03 > 2017-11-21 09:37 | Report Abuse

Continue bleeding

Posted by Bird87 > 2017-11-21 09:41 | Report Abuse

continue gg again lor....

Posted by apolloang > 2017-11-21 09:45 | Report Abuse

what happen? why drop from 1.50 now only 1.05

Posted by samheong78 > 2017-11-21 09:45 | Report Abuse

Does not feel right. Feeling like diving towards 0.90 soon

Posted by kennyt > 2017-11-21 09:45 | Report Abuse

Something fishy is going on

Posted by samheong78 > 2017-11-21 09:45 | Report Abuse

Hope shark will prove my feeling wrong .. !!

Posted by Bird87 > 2017-11-21 09:47 | Report Abuse

i also duno what happen la actually... no any news confirmed but price keep falling...ish