as usual con artist is very poor in research , & twisting and create facts:
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.
Surehuat and Springbok, you are absolutely right. Calvin has been a wonderful mentor, guiding us on selecting the right stocks for the right reasons. Many many thanks Calvin.
For Jasonlingwj, yes Calvin does have his own blog on I3 Investor plus his website. Suggest that you scroll up to his last comment and click on his user name to see his profile and comments. There, you can write to him and ask him accordingly. All the best.
Does this move up have to with its guardrail business or facemask? Anybody know. Anyway, happy to have sold it off after holding it at steep loss for a year and a half... :)
" James89 Calvin cabut already like last time?? Finally I released myself yesterday after following buy call from Calvin 1.5yrs ago. Good luck guys 06/08/2020 10:21 AM" ===================================
Buy call 1.5 years ago is not a good call. Timing is atrocious and locks up trading fund.
Got buyers accumulate this stock. Very good NAV and earning per share. Also, rewards some dividends for shareholder. If earning is still good in the coming announced quarter, this stock can go up much more.
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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....
jjohnchew
2,506 posts
Posted by jjohnchew > 2020-07-08 19:15 | Report Abuse
The total of vehicles sold in Malaysia in 2019 was 604,287 units.2020年1月22日
MAA trims 2020 car sales forecast by 33pct to 400,000 units
By Ayisy Yusof - April 29, 2020 @ 4:09pm
>>>>
Jan = 42,623
Feb = 40,403
March = 22,478
April = 141
May = 22,960
sum = 128,605
compared to 2019 : 604,287 is 21.28 %
is averagely Reducing about 49 % of the vehicle sales in the first 5 months of 2019 .