LEADER STEEL HOLDINGS BHD

KLSE (MYR): LSTEEL (9881)

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Last Price

0.56

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


1 person likes this.

1,342 comment(s). Last comment by bali 3 weeks ago

milosh

377 posts

Posted by milosh > 2021-06-03 11:05 | Report Abuse

Invest_888: you highlight (correctly) high NTA, solid EPS and increasing steel prices, but after that you gave low price target expectation of only RM1

in my opinion, based on financial ratios and sector comparison, current fair value is RM0.94, but if we consider growing steel prices and better future sales ahead, my personal forward target price is RM1.4

LossAversion

1,574 posts

Posted by LossAversion > 2021-06-03 12:28 | Report Abuse

For trading only, disappointment if for investing

Invest_888

697 posts

Posted by Invest_888 > 2021-06-04 16:15 | Report Abuse

Short term target price is RM1.00 since it is the main resistance for the buyers before breaking to higher level. After that it can be highly possible to reach the range of the RM1.4 - RM1.5 with higher revenue and earning in the upcoming quarterly financial result.
.
Due to extremely high demand in steel esp China belt and road initiative, US Biden administrative infra projects & other countries infra projects, the steel/aluminum/copper related businesses are booming. Nowadays, the most profitable and prosperous Malaysia companies are steel companies with record earning.

https://www.investing.com/commodities/ncdex-steel-futures

steel prices continue rebounce since 28May2021

Invest_888

697 posts

Posted by Invest_888 > 2021-06-07 20:17 | Report Abuse

https://www.investing.com/commodities/ncdex-steel-futures

steel prices continue rebounce since 27May2021

In comparison with the latest quarter earning with its previous 2 quarterly result, It was fantastic improvement:

LSTEEL earning per share, EPS:

Previous 2 quarter(30SEP2020), EPS=1.91 cent.
Previous quarter(31DEC2020), EPS=2.68 cent.
Latest quarter(31MAR2021), EPS=5.47 cent with NTA=RM1.20.

Share price in Jan2021 was around 57cent. In comparison with other steel stocks with good earning as LSTEEL, Other stocks has surged more than 50%. Leonfb has surged more than 100% since January.

LSTEEL Share price is only 70cent. It is undervalued now. Expect to reach at least RM1.00 and might go further uptrend as well.

stainlyho37

2,144 posts

Posted by stainlyho37 > 2021-06-09 11:19 | Report Abuse

china steel prices looks good ...u may have your collection ..Melewar/Mycron/Lsteel.....

Posted by wallstreetrookie > 2021-06-10 15:09 | Report Abuse

Steel remains a solid insurance policy in preparation of inflation theme. However, economic recovery in Malaysia is projected to only take place in Q1 2022

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-06-10 22:22 | Report Abuse

Prestar announced bonus issue, lsteel???

Invest_888

697 posts

Posted by Invest_888 > 2021-06-10 23:14 | Report Abuse

Steel prices continue rebounce since 27May2021

In comparison with the latest quarter earning with its previous 2 quarterly result, It was fantastic improvement:

LSTEEL earning per share, EPS:

Previous 2 quarter(30SEP2020), EPS=1.91 cent.
Previous quarter(31DEC2020), EPS=2.68 cent.
Latest quarter(31MAR2021), EPS=5.47 cent with NTA=RM1.20.

Share price in Jan2021 was around 57cent. In comparison with other steel stocks with good earning as LSTEEL, Other stocks has surged more than 50%. Leonfb has surged more than 100% since January.

LSTEEL Share price is only 69.5cent.
It is super undervalued now.

Expect to reach at least RM1.00 in short time.

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-06-11 11:33 | Report Abuse

Haha, all green green

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-06-11 17:42 | Report Abuse

Enter IRIS today. NIIS project and secure S. Afica smart chips projects.

0.275/0.28 very good entry for accumulation.

Invest_888

697 posts

Posted by Invest_888 > 2021-06-12 12:27 | Report Abuse

More and more smart money flow in since 10June21.

milosh

377 posts

Posted by milosh > 2021-06-17 12:08 | Report Abuse

I wrote about aluminium, but similar goes to steel: https://miloshtrading.blogspot.com/2021/06/aluminium-prices-to-stabili...

Invest_888

697 posts

Posted by Invest_888 > 2021-06-18 09:46 | Report Abuse

Almost all steel stocks will rebound soon, oversold

milosh

377 posts

Posted by milosh > 2021-06-19 11:24 | Report Abuse

all metals are a good bet right now

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-06-25 10:29 | Report Abuse

Nice

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-06-25 10:55 | Report Abuse

Tak boleh puji

Posted by Piratebilis > 2021-07-08 11:11 | Report Abuse

Kalo tak boleh puji mari kita start kutuk2 br dia naik..

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-07-08 19:38 | Report Abuse

Boleh tak kutuk mai din. Tapi takut isa.

Lagi murah lagi bagus.

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-07-09 08:56 |

Post removed.Why?

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-07-10 13:35 | Report Abuse

9th JULY 2021, major steel and aluminium companies listed in US, China are showing encouraging closing bet 3% to 9% intra day gain.

Below are among some listed peers for your reference :

Alumium :
1) Acronic Corp (NYSE) +4.9%
2) Alcoa Corp (NYSE) + 5.88%

Steel :
1) Arcelor Mittal ADR (NYSE) +5.09%
2 Posco (NYSE) +3.78%
3) Hongxing iron & steel (shanghai) +6.38%
4) Chongqing iron steel (shanghai) +4.37%
5) Inner Mongolia BaoTou (shanghai) +10.06%
6) Hebei Steel A (shenzhen) +2.98%

One should look at the 1 year charts to have better understanding of the movement of price.

Summary : bigger companies tend to have prices traded at 52w High and testing the resistance with smaller peers shown tremendous recovery of 30% ++ from recent correction.

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-07-10 13:39 | Report Abuse

Price correction had touched near the starting point of last up trend of 0.6.

Its best time to :

BUY
ADD EXTRA
REENTER

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-07-16 10:59 | Report Abuse

Lsteel Station in Prai, Penang. In phase II already.

Going up slowly!!

Yong Meng

39 posts

Posted by Yong Meng > 2021-07-19 09:08 | Report Abuse

https://menginvestlife.blogspot.com/2021/07/050.html 050 - 钢铁行业状况

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-07-28 18:20 | Report Abuse

Shhh!!

Posted by bullmarket1628 > 2021-08-26 09:56 |

Post removed.Why?

LubeTrader

163 posts

Posted by LubeTrader > 2021-08-26 11:51 | Report Abuse

The moment somebody hard sell a stock,.....

Posted by bullmarket1628 > 2021-08-30 11:17 |

Post removed.Why?

Posted by skwong8908 > 2021-09-03 16:46 | Report Abuse

why lsteel lagging behind other steel counters?

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-09-10 11:06 | Report Abuse

Officially sign out!!

Need fund and all the best guys!

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-09-10 11:51 | Report Abuse

Dui, really want me sell all only move

ahbah

5,015 posts

Posted by ahbah > 2021-09-10 11:52 | Report Abuse

Coming ?

No cut your profit please. Thanks.

Posted by skwong8908 > 2021-09-10 15:14 | Report Abuse

Volume increasing today, hope will closed good position.

jerret

21 posts

Posted by jerret > 2021-09-12 12:05 | Report Abuse

Steel counter 4 good trend worldwide
1. steel price up generally
2. raw material price down- iron ore price down
3. demand up- recovery from covid pandermic
4. production curb-low carbon policy from china

glove counter 4 trend
1. glove price asp start dropping generally
2. raw material maintain or slightly up
3. demand down- increase vaccination rate
4. production ramp up - china, thailand increase production

Posted by kavishare > 2021-09-26 22:09 | Report Abuse

27/9/2021....its shooting high....those plan to buy ..grab it massive

Posted by bullmarket1628 > 2021-10-10 16:36 | Report Abuse

Hitting the highways: Interstate travel allowed starting Monday (Oct 11), says PM
Sunday, 10 Oct 2021 2:56 PM MYT

https://www.thestar.com.my/news/nation/2021/10/10/hitting-the-highways...

Posted by bullmarket1628 > 2021-10-10 16:36 | Report Abuse

PETALING JAYA: Interstate travel nationwide will resume starting Monday (Oct 11), says Datuk Seri Ismail Sabri Yaakob.
The Prime Minister said this during a special address at 3pm on Sunday (Oct 10).

"With the achievement of almost 90% of the population being fully vaccinated, therefore I would like to announce that interstate travel will be allowed. This will begin on Monday (Oct 11).
“Interstate travel is only allowed for those who are fully vaccinated.
“The lifting of the prohibition on interstate travel does not apply for visits to localities placed under enhanced movement control order," he added.
Ismail Sabri also said fully vaccinated Malaysians can travel abroad without MyTravelPass effective Monday (Oct 11)...

Zerg20

2 posts

Posted by Zerg20 > 2022-01-03 09:59 | Report Abuse

Ok

brennan

97 posts

Posted by brennan > 2 months ago | Report Abuse

Lsteel no news, no respond update.......

brennan

97 posts

Posted by brennan > 2 months ago | Report Abuse

Suddenly LSteel give respond.Turn Green. Hope tomolo up up up

yong1985cm

103 posts

Posted by yong1985cm > 1 month ago | Report Abuse

any1 realised that Dato Goh acquire Maybulk?

brennan

97 posts

Posted by brennan > 1 month ago | Report Abuse

didn't realised. Its good sign?

lawckyip

14 posts

Posted by lawckyip > 1 month ago | Report Abuse

that was around two to three weeks ago news

lawckyip

14 posts

Posted by lawckyip > 1 month ago | Report Abuse

possibly trying to diversify in a business related to logistics for exporting steel to MENA

bali

113 posts

Posted by bali > 3 weeks ago | Report Abuse

Net Profit 2.5 mil
Cash from operation activities 26.8 m
Dividen 1.5 sen

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