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:-
lets dun forget ...steel company enjoy good steel price during Jul 17 to Sept 17....i think prestar result will be good..... Now is a good entry price ...who wan to buy prestar share....price already down 30% - 40% from the high....
Prestar result should be good, estimate to deliver at least RM 13m, or EPS 6.5sen
Remark: Prestar previous Q2 result deliver RM 18m (EPS 9.4sen), but, include net gain from land disposal RM 8m, so net core profit was RM 10m.
Upcoming Q3 should be better compared to Q2, as previous Q2 have prolong festive holiday, Hari Raya, less working day. In addition, coming Q3 also fully capitalize on recent runnp in steel price.
i remember when last QR result was announced, prestar was RM 1.38, went up only as high as RM 1.47 the following day... now? :'( it's ok, fundamental still intact, 5 consecutive increasing quarter in a row!!!
hopefully Encik Md. Nahar Bin Noordin is done with his selling...and now just need to absorb trader selling who bought cheap yesterday ...and price will resume up..
I think prestar quarterly result is going to be good based on the high steel prices from Jul 17 to Sept 17
Just enter.. based on my estimation this quarter will boom.. they purposely drop the price to enter second round.. you can see price drop without volume.. its just pretending.. buy and sit in the boat before it start sailing.
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 282 views | 1 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 11447 views | 10 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Bird87
883 posts
Posted by Bird87 > 2017-11-21 09:48 | Report Abuse
big q sell at 1.060