Posted by calvintaneng > 2018-06-23 19:01 | Report Abuse

Hi guys,

Calvin called for a sell on Prestar

Last time Prestar was 46 sen i issued buy call. Then Prestar up 200% to over Rm1.45 and i also told all not to chase.

Now Prestar already fallen back down to 86.5 sen

PRESTAR WILL CONTINUE TO FALL FOR THESE REASONS:

1. PRESTAR IS A CYCLICAL STOCK. IT WENT UP TO CROSS RM1.00 IN YEARS 2006 TO 2008 DURING 9MP. AFTER THAT IT CRASHED TO ABOUT 40 SEN

2. NOW GOVT IS CURBING HIGHWAY PROJECTS AND ALSO BUILDING PROJECTS.
SO PRESTAR GUARD RAILS AND WHEEL BARROW SALES WILL BE HIT.

3. PRESTAR INSIDERS HAVE STOPPED BUYING AND STARTED SELLING.
ONLY SBB(SHARE BUY BACK) FOR FAKE SUPPORT

4. USA RAISING TARIFF AGAINST STEEL IMPORT WILL HIT KOREA AS TOP NO. 3 EXPORTER OF STEEL TO USA.
PRESTAR'S INVESTMENT IN KOREA POSCO WILL ALSO BE IMPACTED

WITH SO MANY ILL FACTORS COMING PRESTAR'S WAY YOU BETTER SELL FAST.

ANY REBOUND IS AN OPPORTUNITY TO SELL AND GET OUT FAST

REGARDS
CALVIN TAN RESEARCH

Posted by Leonardo12 > 2018-06-25 08:42 | Report Abuse

Dear Calvin,
Do you know how many percentage posco export to US,mind enlighten?

Posted by opustang > 2018-07-13 11:59 | Report Abuse

Prestar…….offer new ipo to shareholders....collect quick

Posted by Leonardo12 > 2018-07-14 20:27 | Report Abuse

How u know, Mr. Opustang?

Posted by xiaoji > 2018-08-04 07:20 | Report Abuse

hope this time Mr. Toh not sell again..

Posted by seekingalpha > 2018-08-09 20:13 | Report Abuse

A 'head and shoulder' pattern appears. Seems like there will be a bullish reversal soon!

Posted by calvintaneng > 2018-08-24 11:08 |

Post removed.Why?

Posted by calvintaneng > 2018-09-01 13:34 | Report Abuse

See this important post on Steel
https://klse.i3investor.com/blogs/invertinvestment/171650.jsp

Posted by Roman Lee > 2018-11-07 10:36 | Report Abuse

keep for long term

Posted by bluemoon22 > 2018-11-15 16:08 | Report Abuse

still got any hope for this counter?

Posted by Invest33 > 2018-12-17 11:59 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6005281

Posted by 624298991 > 2018-12-18 22:57 | Report Abuse

got free TASHIN share or not for existing prestar holder...

Posted by calvintaneng > 2018-12-25 21:30 | Report Abuse

Merry Christmas

He who fights and run away will always survive and fight again

Posted by ivan9511 > 2019-01-10 14:04 | Report Abuse

yes this steel and segmnent is the best finaly I wait you , yes easy money \ PRESTAR RESOURCES BHD

PRESTAR RESOURCES BHD PRESTAR RESOURCES BHD PRESTAR RESOURCES BHD PRESTAR RESOURCES BHD PRESTAR RESOURCES BHD PRESTAR RESOURCES BHD PRESTAR RESOURCES BHD PRESTAR RESOURCES BHD PRESTAR RESOURCES BHD PRESTAR RESOURCES BHD PRESTAR RESOURCES BHD PRESTAR RESOURCES BHD

ALl the best

Posted by nckcm > 2019-03-08 16:32 | Report Abuse

Wtf

Posted by Mohd Zukarnan Mat Zin > 2019-03-08 17:27 | Report Abuse

What did you mean bro nckcm?

Posted by calvintaneng > 2019-03-08 19:24 | Report Abuse

Very good

Calvin bought first round at 45 sen. Then sold it after it doubled

Now Calvin is back again in this Cyclical Prestar

Prestar or pre star.

Buy it now as it will soon turn into a Star again

Posted by calvintaneng > 2019-03-08 21:35 |

Post removed.Why?

Posted by calvintaneng > 2019-03-09 17:12 | Report Abuse

Excellent News for Prestar

Govt slaps up to 16% anti-dumping duties on flat-rolled steel products from China, Vietnam
https://www.theedgemarkets.com/article/govt-slaps-16-antidumping-duties-flatrolled-steel-products-china-vietnam

Apart from High Way Guardrails & Wheel Barrows Prestar also manufacture Hot & Cold Roil Steel sheets

SO NOW ANOTHER BIG BOOSTER FOR PRESTAR

See Company Website

http://www.prestar.com.my/bizActivities/steelUnit.asp

Posted by sandrakkc > 2019-03-10 12:16 | Report Abuse

And to top it all, Prestar commands an astounding 50 % of the guardrail market.

Posted by speedlikecy > 2019-03-11 11:00 | Report Abuse

join calvintaneng for first time

Posted by calvintaneng > 2019-03-11 13:40 | Report Abuse

Welcome speed

Prestar now

Once Ecrl on then

NO more prestar

It will be a Star again

Posted by khatulistiwa1234 > 2019-03-11 17:56 | Report Abuse

AGREED , i buy until bullet finished , now source from underground black market , EXTRA FUND .

Posted by speedlikecy > 2019-03-11 18:54 | Report Abuse

when gov continue ECRL leh?

Posted by khatulistiwa1234 > 2019-03-11 21:02 |

Post removed.Why?

Posted by DAN84 > 2019-03-12 11:13 | Report Abuse

khatulistiwa1234 AGREED , i buy until bullet finished , now source from underground black market , EXTRA FUND

@khatulistiwa1234, let the battle begins..

Posted by anticonman > 2019-03-12 12:04 | Report Abuse

Follow conman(who?) more if you like to be conned haha.

Posted by calvintaneng > 2019-03-12 14:17 | Report Abuse

Prestar got pull back like Penergy pulled back from 75 sen to 68 sen

It is ok

Ecrl will power it up again

Posted by DAN84 > 2019-03-12 15:54 | Report Abuse

thumb up calvintaneng! :)

Posted by noobbie > 2019-03-13 13:50 | Report Abuse

If prestar really conquer 50% of guardrail market..they got huge advantage of the upcoming project.They are 2000km of pan borneo,600km of ecrl, and the new 150km LPT3 for its guardrail prospect.

Posted by speedlikecy > 2019-03-13 14:27 | Report Abuse

time to see calvin zhun or not zhun

Posted by LA777 > 2019-03-13 21:13 | Report Abuse

Prestar going to fly soon!

Posted by speedlikecy > 2019-03-14 16:11 | Report Abuse

wake up wake up

Posted by LA777 > 2019-03-14 19:09 | Report Abuse

Let the weak shareholders sell first.

Posted by speedlikecy > 2019-03-15 17:06 | Report Abuse

it seems like need to wait April for good news.

Posted by speedlikecy > 2019-03-19 13:05 | Report Abuse

aiyo, what happen ya.

Posted by DAN84 > 2019-03-20 10:31 | Report Abuse

any chance to go up?

Posted by LA777 > 2019-03-20 12:08 | Report Abuse

Buy now, going to fly soon!

Posted by witchjaz > 2019-03-20 12:13 | Report Abuse

Prestar obtains shareholders’ approval to list subsidiary Tashin on Bursa ACE Market

Posted by noobbie > 2019-03-20 14:16 | Report Abuse

i follow calvin this time...lets break 70c soon

Posted by calvintaneng > 2019-03-20 14:45 |

Post removed.Why?

Posted by calvintaneng > 2019-03-20 14:47 | Report Abuse

PRESTAR FACTORY ALSO IN SERENDAH

Posted by noobbie > 2019-03-20 14:56 | Report Abuse

gogogogogogogo

Posted by ivan9511 > 2019-03-20 14:56 | Report Abuse

Calvin counter all so good , right now follow calvin like kena jackpot
sapu kuat kuat later we all become billions
sapu Talamt TDM , Prestar AZ Destini
later become billions no need work
everday play stock and go genting
haha
Calvin is the best

Posted by DAN84 > 2019-03-21 11:21 | Report Abuse

no power...

Posted by Tim2812 > 2019-03-21 17:51 | Report Abuse

V Power.....VROOm VROOm!!

Posted by Mabel > 2019-03-21 21:47 | Report Abuse

Calvin Sifu,

What do you think of this latest development to our counter?

https://www.theedgemarkets.com/article/govt-takes-over-pan-borneo-highway-removes-pdp

Looking forward to hear your comments..

Posted by zhangliang > 2019-03-21 23:29 | Report Abuse

ECRL aside, the anti dumping duty of 16% imposed on Vietnam and china flat roll steel + unlocking of value of Tashin Steel via listing being approved by shareholdersss, surely share can move upwardsss. Let’s see 75 sens first!

Posted by calvintaneng > 2019-03-21 23:38 | Report Abuse

Calvin Sifu,

What do you think of this latest development to our counter?

https://www.theedgemarkets.com/article/govt-takes-over-pan-borneo-high...

Looking forward to hear your comments..

VERY GOOD

LGE MINISTER OF FINANCE WILL BE A GOOD PAY MASTER IF HE BUYS GUARDRAILS FROM PRESTAR!

Posted by zhangliang > 2019-03-22 10:30 | Report Abuse

collect on market broad based weakness