@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
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)))
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)))
@ 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?
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 ?
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
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
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.
As for building material companies, if the project still largely involved elevated structures, steel companies such as Ann Joo Resources Bhd would be a key beneficiary, UOB Kay Hian said.
Otherwise, cement companies such as Lafarge Malaysia Bhd, YTL Cement Bhd and Hume Industries Bhd would benefit from sub-structure works, while other players such as Prestar Resources Bhd could benefit from guardrail works as it commands a 50% market share in the local guardrail business.
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calvintaneng
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Posted by calvintaneng > 2019-03-22 16:17 | Report Abuse
Collect?
You are chun chun