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

0.40

Today's Change

0.00 (0.00%)

Day's Change

0.40 - 0.405

Trading Volume

104,500


8 people like this.

3,983 comment(s). Last comment by HorseyKL 1 month ago

Posted by klsetechwiz > 2016-07-19 11:32 | Report Abuse

This is highway dragon

PakLong

110 posts

Posted by PakLong > 2016-07-20 09:09 | Report Abuse

when to wake up

Nigel Low

1,463 posts

Posted by Nigel Low > 2016-08-15 21:25 | Report Abuse

Hi everyone, this counter seems kinda quiet ya. Noticed board members have been buying back shares, may I know when can we expect Q2 report? Annjoo and Masteel had reported optimistic earnings due to increased in demand and steel prices, this counter will wake up soon.

master_tan

690 posts

Posted by master_tan > 2016-08-17 23:50 | Report Abuse

Just hold tight, once it wakes up, it will goes north. Buy while it is still dleeping. With the increase steel price, it wont sleep long.

soon9913

2,820 posts

Posted by soon9913 > 2016-08-18 13:36 | Report Abuse

Directors share bought back a lots in Jul 16 after knowing the Q2 result is superb?.. :)

Hosel8888

31 posts

Posted by Hosel8888 > 2016-08-20 10:17 | Report Abuse

Engine of Prestar start coming. Hopefully a big spike on next week.

master_tan

690 posts

Posted by master_tan > 2016-08-20 11:45 | Report Abuse

QR release and soon, expected end of this month. Price starting to go north as QR result will be good. All the steel company release flying color result as steel price is uptrend now.

Just like the export counter in the past, now is steel counter turn. It takes 6 month to 12 month for the price to slowly moving upwards.

Posted by HandOfMidas > 2016-08-25 18:48 | Report Abuse

qr niceeeeeeeeee

master_tan

690 posts

Posted by master_tan > 2016-08-25 21:04 | Report Abuse

Eps 2.95

hpcp

450 posts

Posted by hpcp > 2016-08-25 22:27 | Report Abuse

superb results!

master_tan

690 posts

Posted by master_tan > 2016-08-26 02:27 | Report Abuse

Share price should be around 80sen

Posted by Kang Yang Lai > 2016-08-30 09:45 | Report Abuse

GOOD GOOD>>> share price up consistently after QR (Y)

Posted by Kang Yang Lai > 2016-09-06 09:45 | Report Abuse

GOOD GOOD >>>> Moving up to 0.60 today!

Albukhary

3,043 posts

Posted by Albukhary > 2016-09-06 10:04 | Report Abuse

This GEM will be the next Mycron.
EPS for this quarter is 2.95, forward PE is only 5 times.
One point better than Mycron, this company pay dividend every year, and this company never incurred loss for the past 10 years.
It always maintain profitability, no matter how bad the economy.

Albukhary

3,043 posts

Posted by Albukhary > 2016-09-06 10:21 | Report Abuse

Bonescythe wrote a good cover on PRESTAR before, he said PRESTAR will be benefited from those highway project such as WCE, SUKE, DUKE....etc.

http://bonescythe.blogspot.my/search/label/Prestar

Albukhary

3,043 posts

Posted by Albukhary > 2016-09-06 14:11 | Report Abuse

Afternoon is Prestar show

ugorrkim

200 posts

Posted by ugorrkim > 2016-09-06 15:34 | Report Abuse

Privatise??

Albukhary

3,043 posts

Posted by Albukhary > 2016-09-06 15:40 | Report Abuse

trust me, now the trend is prestar

Albukhary

3,043 posts

Posted by Albukhary > 2016-09-06 17:27 | Report Abuse

Seem like I am the only one buying Prestar

master_tan

690 posts

Posted by master_tan > 2016-09-06 17:37 | Report Abuse

prestar....

PakLong

110 posts

Posted by PakLong > 2016-09-06 17:54 | Report Abuse

i also bought @ 0.53

aikinlai

896 posts

Posted by aikinlai > 2016-09-06 17:55 | Report Abuse

AIya,albukhary, i meeting meeting miss ur call....

Any other recommend counter?

Posted by shareinvestment7 > 2016-09-06 18:32 | Report Abuse

WTF, I missed the boat already, should buy at 0.565 last week. Congrats to those had bought it earlier.. :(

Des2003

156 posts

Posted by Des2003 > 2016-09-06 22:30 | Report Abuse

GO GO GO...

bkt2008

131 posts

Posted by bkt2008 > 2016-09-06 23:04 | Report Abuse

UP UP UP!!!!!

Albukhary

3,043 posts

Posted by Albukhary > 2016-09-07 08:58 | Report Abuse

If we compare PRESTAR and CSCSTEEL quarterly result, you will see a common point:-

Quarter 1: Both PRESTAR & CSCSTEEL profit high
Quarter 2: Both PRESTAR & CSCSTEEL profit low
Quarter 3: Both PRESTAR & CSCSTEEL profit high

So if next quarter CSCSTEEL will have record profit, so do PRESTAR.

member41

3,718 posts

Posted by member41 > 2016-09-07 15:43 | Report Abuse

Always drop after hit 70+++

Des2003

156 posts

Posted by Des2003 > 2016-09-07 16:06 | Report Abuse

it is profit taking mode...

QQ88

198 posts

Posted by QQ88 > 2016-09-09 04:11 | Report Abuse

Steel companies got no balls one. No power. Sometimes volume also zero.

magn

22 posts

Posted by magn > 2016-09-09 10:44 | Report Abuse

Agree...better change counter

Albukhary

3,043 posts

Posted by Albukhary > 2016-09-09 16:19 | Report Abuse

REVENUE PBT PAT EPS NTA
2016-12-31 2016-06-30 153,035 8,597 6,498 5,172 2.95 1.2700
2016-12-31 2016-03-31 144,970 5,192 4,119 3,151 1.80 1.2400
2015-12-31 2015-12-31 150,816 7,948 6,501 5,971 3.41 1.2300

gimeng

171 posts

Posted by gimeng > 2016-09-13 16:18 | Report Abuse

this counter good to buy for maybe short-term? whats the TP?

Albukhary

3,043 posts

Posted by Albukhary > 2016-09-15 11:34 | Report Abuse

TP0.85

song123

364 posts

Posted by song123 > 2016-09-15 12:02 | Report Abuse

TP 0.90

Posted by William Tan > 2016-09-15 12:58 | Report Abuse

TP 1.1

Posted by William Tan > 2016-09-15 12:59 | Report Abuse

gimeng :wan buy fast fast buy...later no offer liao

muscular

280 posts

Posted by muscular > 2016-09-15 15:10 | Report Abuse

bought 0.705

muscular

280 posts

Posted by muscular > 2016-09-15 15:12 | Report Abuse

sold.735... thx for the gain

Invest33

136 posts

Posted by Invest33 > 2016-09-15 15:27 | Report Abuse

PE below 8x

gimeng

171 posts

Posted by gimeng > 2016-09-15 16:17 | Report Abuse

William Tan...bought liao. you masuk at what price?

Posted by Kang Yang Lai > 2016-09-20 11:51 | Report Abuse

Steel counter seems to be on a slide today...any idea what happen? TQ

maol

253 posts

Posted by maol > 2016-09-20 22:24 | Report Abuse

好戏在后头

muscular

280 posts

Posted by muscular > 2016-09-26 12:01 | Report Abuse

bought 0.72

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2016-09-26 12:58 | Report Abuse

im new here.
may anyone.can answer the question? Prestar have processing HRC,CRC and other steel ,will Prestar benefit from the rise in steel price? Prestar also manufacture highway guardrail,will Prestar take.benefit.from.the DASH,SUKE.expressway?

muscular

280 posts

Posted by muscular > 2016-09-26 13:00 | Report Abuse

Just buy for contra je

Posted by 100percentprofits > 2016-09-26 13:06 | Report Abuse

Yes, Prestar will benefit because with overall increase in steel prices, Prestar is able to charge a higher price for the end products compared to their inventory that they bought/ manufactured earlier which was at a lower price.

And yes, they will benefit from the need for highway guardrail - although I'm not sure how many % of their revenue and profit is derived from the guardrail business

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2016-09-26 13:12 | Report Abuse

oo,okay,thank you.
beause i feel weird why Prestar share price far lag behind other steel companies while Prestar also benefit from the rise in steel price.

Post a Comment