PRESTAR RESOURCES BHD

KLSE (MYR): PRESTAR (9873)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.505

Today's Change

+0.005 (1.00%)

Day's Change

0.50 - 0.51

Trading Volume

512,800


8 people like this.

3,974 comment(s). Last comment by TiffanixLVxHermes 3 weeks ago

ivan9511

3,854 posts

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

DAN84

591 posts

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

no power...

Tim2812

279 posts

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

V Power.....VROOm VROOm!!

Mabel

23,204 posts

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..

zhangliang

728 posts

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!

calvintaneng

53,241 posts

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!

zhangliang

728 posts

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

collect on market broad based weakness

calvintaneng

53,241 posts

Posted by calvintaneng > 2019-03-22 16:17 | Report Abuse

Collect?

You are chun chun

calvintaneng

53,241 posts

Posted by calvintaneng > 2019-03-22 17:05 | Report Abuse

VELESTO CLOSED UP TODAY

AZRB ALSO UP

TALAM CLOSED UNCHANGED

TALAM SHALL GO UP AS ECRL DECISION APPROACHES NEARER!!

KEEP STRONG!!!

FOR PRESTAR IT IS NOW OVERSOLD

WHOEVER BOUGHT TODAY ON WEAKNESS WILL BE THE HAPPIEST LATER!!

Tim2812

279 posts

Posted by Tim2812 > 2019-03-25 13:18 | Report Abuse

Twinkle twinkle Little Star pls transform to super star!!

calvintaneng

53,241 posts

Posted by calvintaneng > 2019-03-25 18:04 | Report Abuse

Super star?

Sure one!!

calvintaneng

53,241 posts

Posted by calvintaneng > 2019-03-25 22:14 |

Post removed.Why?

Tim2812

279 posts

Posted by Tim2812 > 2019-03-26 00:23 | Report Abuse

Gambateh I m also on the railways nw!!!

ivan9511

3,854 posts

Posted by ivan9511 > 2019-03-26 15:04 | Report Abuse

@calvin . Hi mr calvin
Prestar get money fron new ipo but need to pay debt . I dun see any good of prestar . Got debts not a healthy cashflow.
Why not just buy Jcy which is net cash and future better than prestar

calvintaneng

53,241 posts

Posted by calvintaneng > 2019-03-26 15:56 | Report Abuse

Ivan9511

Prestar debt is backed by Investment Assets


See i3 investors write up on Prestar

Business Background
Prestar Resources Bhd is principally engaged in the business of renting out properties and investment holding. The principal activities are mainly manufacturing of steel related products. The company has three reportable segments mainly: Investment, Trading, and Manufacturing. The firm focusses on manufacturing slitting and shearing of carbon and stainless-steel mother coils into slitted coils/ sheets for automotive, electrical and electronic, office, equipment, metal stamping industries, roll-forming of carbon steel pipes, stainless steel pipes and hollow sections, manufacturing of steel flat bars, steel purlins, wheelbarrows and platform hand trucks, steel shelving and pallet racking and other storage equipment and highway guardrails. The group operates in Malaysia


Business Background
(((Prestar Resources Bhd is principally engaged in the business of renting out properties and investment holding)))

i3 Forum Admin compiled the above on Prestar

calvintaneng

53,241 posts

Posted by calvintaneng > 2019-03-26 15:58 | Report Abuse

(van9511

Prestar debt is backed by Investment Assets


See i3 investors write up on Prestar

Business Background
Prestar Resources Bhd is principally engaged in the business of renting out properties and investment holding. The principal activities are mainly manufacturing of steel related products. The company has three reportable segments mainly: Investment, Trading, and Manufacturing. The firm focusses on manufacturing slitting and shearing of carbon and stainless-steel mother coils into slitted coils/ sheets for automotive, electrical and electronic, office, equipment, metal stamping industries, roll-forming of carbon steel pipes, stainless steel pipes and hollow sections, manufacturing of steel flat bars, steel purlins, wheelbarrows and platform hand trucks, steel shelving and pallet racking and other storage equipment and highway guardrails. The group operates in Malaysia


Business Background
(((Prestar Resources Bhd is principally engaged in the business of renting out properties and investment holding)))

i3 Forum Admin compiled the above on Prestar


Check this out

https://klse.i3investor.com/servlets/stk/9873.jsp

ivan9511

3,854 posts

Posted by ivan9511 > 2019-03-26 16:55 | Report Abuse

@ Posted by calvintaneng > Mar 26, 2019 3:56 PM | Report Abuse

Ivan9511

Prestar debt is backed by Investment Assets
Thanks mr calvin . I also agreed prestar now at a cheap price.
But mr calvin are you awake your another baby whitehorse now at lowest price.
And can ask are you still agreed buy whitehorse?

ivan9511

3,854 posts

Posted by ivan9511 > 2019-03-26 16:57 | Report Abuse

Whitehorse now 1.07 .
Why mr calvin not said undervalued .
Actually I am feel attractive at 1.07 but I see you stop talking about whitehorse so can ask is that mean you run away from whitehorse or keep sapu quietly ?

Tim2812

279 posts

Posted by Tim2812 > 2019-03-26 19:03 | Report Abuse

No volume how to jalan?

Tim2812

279 posts

Posted by Tim2812 > 2019-03-26 23:26 | Report Abuse

We r on the boat let's go for the treasure journey.

calvintaneng

53,241 posts

Posted by calvintaneng > 2019-03-27 10:03 | Report Abuse

Don't hesitate. Don't wait

Everyday is nearer to Ecrl signing

688 km of ecrl
325 km of Central spine road
2000 over km of pan Borneo highway
3000 over km of trans kalimantan highway
Wce highway
Desaru to Pengerang highway

Many many more highways

AND daily maintainence of Plus Highway and others that need replacement guardrails due to accident, theft or wear and tear

Prestar... The super shining star

Chun chun on Target

RM1. 00 first
Then RM1. 30 to Rm1. 50

calvintaneng

53,241 posts

Posted by calvintaneng > 2019-03-27 10:07 | Report Abuse

Ivan9511

Whitehorse is good

BUT Now property downturn plus import tiles from Thailand has impacted whitehorse

So domestic retail business like whitehorse affected

For Prestar it does not depend on consumers

Prestar depends on Govt infrar jobs

ECRL is Govt job
Pan Borneo highway already Govt job as well as Central Spine road and Trans Kalimantan highway

AND Govt got fresh Revenue from Petronas now got money to pay

So go for Prestar

DAN84

591 posts

Posted by DAN84 > 2019-03-27 11:16 | Report Abuse

haha.. start to jalan now... :)

LA777

3,383 posts

Posted by LA777 > 2019-03-27 11:31 | Report Abuse

Prestar is flying!!!!!!!!

KAQ4468

21,497 posts

Posted by KAQ4468 > 2019-03-27 11:35 | Report Abuse

power calvin power

ivan9511

3,854 posts

Posted by ivan9511 > 2019-03-27 13:41 | Report Abuse

@
calvintaneng Ivan9511

wa Mr Calvin now is call what also can uppppp
vel
AZ all uppp
\is Calvin the new God of Bursa in the World
seem all he say uppppppppppp only Bpuri ada sikit slow

Tim2812

279 posts

Posted by Tim2812 > 2019-03-27 16:20 | Report Abuse

Ivan9511 MR Calvin do lots of research . Don't worries to much is the matter of time will show results soon.

ivan9511

3,854 posts

Posted by ivan9511 > 2019-03-27 18:35 | Report Abuse

Ya . Calvin is always generous to share everything .
Not a selfish investors

sandrakkc

1,014 posts

Posted by sandrakkc > 2019-03-27 19:14 | Report Abuse

Superstar in the making

Posted by Newinvest_112 > 2019-03-29 12:40 | Report Abuse

No more V power.. Prestar wake up

Posted by speedlikecy > 2019-03-29 13:37 | Report Abuse

Need some news

zhangliang

728 posts

Posted by zhangliang > 2019-04-01 16:28 | Report Abuse

when ur news la? ECRLLL + 16% anti dumping dutyyy. Come on break 70 sens!!

Posted by Newinvest_112 > 2019-04-01 16:31 | Report Abuse

On boat 0.69

Mabel

23,204 posts

Posted by Mabel > 2019-04-02 10:30 | Report Abuse

Foreign net selling accelerated in Mar 2019. Foreign investors net sold MYR1.6b worth of Malaysian equities in Mar 2019. We believe that the foreign net sell was due to a combination of poor 4Q18 results season and a more “dovish” Bank Negara Malaysia implying that Malaysian economic growth will ease this year. Cumulative foreign net buy since early-2010 until end-Mar 2019 hit at a multi-year low of MYR1.4b.

Although local institutions were net buying to the tune of MYR1.4b in Mar 2019, the KLCI depreciated 3.8% MoM while the MidS Cap and Small Cap indices continued to climb by 1.6% MoM and 1.3% MoM respectively. This implies to us that local institutions were more interested in small to midsized market capitalization stocks than large ones

Apr 2019 likely to be light on news flow. Based on 29 Mar 2019’s market close, KLCI valuations are at 16.0x 12M forward PER (mean: 15.8x) and 1.70x trailing P/B (mean: 1.81x). There will be no BNM Monetary Policy Committee meeting and GDP announcement this month. The sole key domestic lookout this month is the 2nd Belt & Road Summit in Beijing, China from 25-27 Apr 2019 where Malaysia and China are expected to conclude on the East Coast Rail Link.

Tim2812

279 posts

Posted by Tim2812 > 2019-04-03 15:53 | Report Abuse

What happen super 3 star nw like 2 starwars?

Mabel

23,204 posts

Posted by Mabel > 2019-04-05 09:49 | Report Abuse

All ECRL counters it's up an running.

Does anyone know why PreStar is still warming up?

DAN84

591 posts

Posted by DAN84 > 2019-04-05 11:03 | Report Abuse

maybe calvin can give us some info about why is it so?

Posted by Newinvest_112 > 2019-04-05 17:32 | Report Abuse

Prestar is sleeping. Perhaps there are banker look at this GEM

DAN84

591 posts

Posted by DAN84 > 2019-04-06 12:00 | Report Abuse

Which banker?

Posted by speedlikecy > 2019-04-10 12:41 | Report Abuse

wake up wake up

Posted by speedlikecy > 2019-04-10 21:17 | Report Abuse

Steel Comebacks ? [ Technical Analysis ] – J4 Investment Capital
https://klse.i3investor.com/blogs/j4investmentcapital/201834.jsp

slowly got more ppl cover prestar.

vcheekeong

435 posts

Posted by vcheekeong > 2019-04-14 15:41 | Report Abuse

prestar guard rail jobs for ecrl?

ttluck

769 posts

Posted by ttluck > 2019-04-18 13:41 | Report Abuse

@calvin where are you??? why prestar keep dropping?can advise?

Audi90

49 posts

Posted by Audi90 > 2019-04-18 13:45 | Report Abuse

Aiyo prestar...

calvintaneng

53,241 posts

Posted by calvintaneng > 2019-04-18 13:49 | Report Abuse

TT luck

Prestar is good longer term

Now whole market down due to

1) T3 to T2 on April 29 will sap liquidity so bad for contra plays

2) May is w weak month

3) Recent fire in Rapid Pengerang dampen leader OnG stock

So if buy cannot contra, must pick up & hold

If uncertain Keep Cash & watch first

lky94

3 posts

Posted by lky94 > 2019-04-25 20:41 | Report Abuse

@calvintaneng what is the tp for this counter

calvintaneng

53,241 posts

Posted by calvintaneng > 2019-04-25 21:49 | Report Abuse

See if it can cross 80 sen first

DAN84

591 posts

Posted by DAN84 > 2019-04-25 23:53 | Report Abuse

@calvintaneng, any news abt the guard rail fr ecrl?

lky94

3 posts

Posted by lky94 > 2019-05-02 21:30 | Report Abuse

should i chop it i buy at 0.67?now keep drop like never end

Post a Comment
Market Buzz